UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES
Investment Company Act file number 811-05309
Nuveen Investment Funds, Inc.
(Exact name of registrant as specified in charter)
Nuveen Investments
333 West Wacker Drive, Chicago, IL 60606
(Address of principal executive offices) (Zip code)
Mark J. Czarniecki
Vice President and Secretary
333 West Wacker Drive,
Chicago, IL 60606
(Name and address of agent for service)
Registrant’s telephone number, including area code: (312) 917-7700
Date of fiscal year end: March 31
Date of reporting period: September 30, 2021
Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policy making roles.
A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. ss.3507.
ITEM 1. | REPORTS TO STOCKHOLDERS. |
Bond Funds
Fund Name | Class A | Class C | Class R6 | Class I | |
Nuveen All-American Municipal Bond Fund | FLAAX | FACCX | FAAWX | FAARX | |
Nuveen Intermediate Duration Municipal Bond Fund | NMBAX | NNCCX | — | NUVBX | |
Nuveen Limited Term Municipal Bond Fund | FLTDX | FAFJX | — | FLTRX | |
Nuveen Short Term Municipal Bond Fund | FSHAX | NAAEX | — | FSHYX |
Total Returns as of September 30, 2021* | |||||||
Cumulative | Average Annual | ||||||
Inception Date | 6-Month | 1-Year | 5-Year | 10-Year | Expense Ratios | ||
Class A Shares at NAV | 10/03/88 | 2.33% | 6.15% | 3.93% | 5.04% | 0.69% | |
Class A Shares at maximum Offering Price | 10/03/88 | (1.96)% | 1.68% | 3.04% | 4.59% | - | |
S&P Municipal Bond Index1 | - | 1.24% | 2.71% | 3.18% | 3.92% | - | |
Lipper General & Insured Municipal Debt Funds Classification Average | - | 1.51% | 3.94% | 3.14% | 3.94% | - | |
Class I Shares | 2/06/97 | 2.42% | 6.25% | 4.12% | 5.23% | 0.49% |
Total Returns as of September 30, 2021* | |||||||
Cumulative | Average Annual | ||||||
Inception Date | 6-Month | 1-Year | 5-Year | Since Inception | Expense Ratios | ||
Class C Shares | 2/10/14 | 1.93% | 5.31% | 3.11% | 4.23% | 1.49% | |
Class R6 Shares | 6/30/16 | 2.44% | 6.36% | 4.17% | 3.95% | 0.45% |
Effective Leverage Ratio | 9.92% |
Total Returns as of September 30, 2021* | |||||||
Cumulative | Average Annual | ||||||
Inception Date | 6-Month | 1-Year | 5-Year | 10-Year | Expense Ratios | ||
Class A Shares at NAV | 6/13/95 | 1.27% | 3.28% | 3.00% | 3.46% | 0.64% | |
Class A Shares at maximum Offering Price | 6/13/95 | (1.80)% | 0.22% | 2.38% | 3.15% | - | |
S&P Municipal Bond Intermediate Index1 | - | 1.01% | 1.98% | 2.99% | 3.56% | - | |
Lipper Intermediate Municipal Debt Funds Classification Average | - | 1.15% | 2.86% | 2.55% | 3.01% | - | |
Class I Shares | 11/29/76 | 1.36% | 3.47% | 3.19% | 3.66% | 0.44% |
Total Returns as of September 30, 2021* | |||||||
Cumulative | Average Annual | ||||||
Inception Date | 6-Month | 1-Year | 5-Year | Since Inception | Expense Ratios | ||
Class C Shares | 2/10/14 | 0.87% | 2.45% | 2.16% | 2.68% | 1.44% |
Effective Leverage Ratio | 0.00% |
Total Returns as of September 30, 2021* | |||||||
Cumulative | Average Annual | ||||||
Inception Date | 6-Month | 1-Year | 5-Year | 10-Year | Expense Ratios | ||
Class A Shares at NAV | 10/19/87 | 0.83% | 1.97% | 2.15% | 2.13% | 0.61% | |
Class A Shares at maximum Offering Price | 10/19/87 | (1.69)% | (0.59)% | 1.63% | 1.88% | - | |
S&P Municipal Bond Short-Intermediate Index1 | - | 0.49% | 0.97% | 2.15% | 2.24% | - | |
Lipper Short-Intermediate Municipal Debt Funds Classification Average | - | 0.38% | 1.16% | 1.79% | 1.90% | - | |
Class I Shares | 2/06/97 | 0.94% | 2.19% | 2.36% | 2.34% | 0.41% |
Total Returns as of September 30, 2021* | |||||||
Cumulative | Average Annual | ||||||
Inception Date | 6-Month | 1-Year | 5-Year | Since Inception | Expense Ratios | ||
Class C Shares | 2/10/14 | 0.52% | 1.17% | 1.35% | 1.36% | 1.41% |
Effective Leverage Ratio | 0.00% |
Total Returns as of September 30, 2021* | |||||||
Cumulative | Average Annual | ||||||
Inception Date | 6-Month | 1-Year | 5-Year | 10-Year | Expense Ratios | ||
Class A Shares at NAV | 10/25/02 | 0.15% | 0.57% | 1.36% | 1.30% | 0.68% | |
Class A Shares at maximum Offering Price | 10/25/02 | (2.35)% | (1.93)% | 0.84% | 1.04% | - | |
S&P Municipal Bond Short Index1 | - | 0.24% | 0.61% | 1.62% | 1.38% | - | |
Lipper Short Municipal Debt Funds Classification Average | - | 0.16% | 0.62% | 1.28% | 1.08% | - | |
Class I Shares | 10/25/02 | 0.33% | 0.85% | 1.57% | 1.50% | 0.48% |
Total Returns as of September 30, 2021* | |||||||
Cumulative | Average Annual | ||||||
Inception Date | 6-Month | 1-Year | 5-Year | Since Inception | Expense Ratios | ||
Class C Shares | 2/10/14 | (0.25)% | (0.24)% | 0.54% | 0.41% | 1.48% |
Effective Leverage Ratio | 0.00% |
Share Class | ||||
Class A1 | Class C | Class R6 | Class I | |
Dividend Yield | 2.59% | 1.87% | 2.93% | 2.89% |
SEC 30-Day Yield | 1.32% | 0.58% | 1.62% | 1.58% |
Taxable-Equivalent Yield(40.8%)3 | 2.21% | 0.97% | 2.72% | 2.65% |
Share Class | |||
Class A1 | Class C | Class I | |
Dividend Yield | 1.76% | 1.00% | 1.99% |
SEC 30-Day Yield2 | 0.54% | (0.24)% | 0.75% |
Taxable-Equivalent Yield(40.8%)3,4 | 0.90% | N/A | 1.25% |
Share Class | |||
Class A1 | Class C | Class I | |
Dividend Yield | 1.03% | 0.27% | 1.27% |
SEC 30-Day Yield2 | 0.08% | (0.71)% | 0.28% |
Taxable-Equivalent Yield(40.8%)3,4 | 0.13% | N/A | 0.47% |
Share Class | |||
Class A1 | Class C | Class I | |
Dividend Yield | 0.75% | —% | 0.94% |
SEC 30-Day Yield2 | (0.21)% | (1.02)% | (0.02)% |
Taxable-Equivalent Yield(40.8%)3,4 | N/A | N/A | N/A |
Fund Allocation (% of net assets) | |
Long-Term Municipal Bonds | 109.7% |
Common Stocks | 0.3% |
Corporate Bonds | 0.0% |
Short-Term Municipal Bonds | 0.3% |
Other Assets Less Liabilities | 1.1% |
Net Assets Plus Floating Rate Obligations and Borrowings | 111.4% |
Floating Rate Obligations | (10.9)% |
Borrowings | (0.5)% |
Net Assets | 100% |
Bond Credit Quality (% of total investment exposure) | |
U.S. Guaranteed | 3.6% |
AAA | 5.3% |
AA | 33.7% |
A | 26.1% |
BBB | 13.3% |
BB or Lower | 5.5% |
N/R (not rated) | 12.2% |
N/A (not applicable) | 0.3% |
Total | 100% |
Portfolio Composition (% of total investments) | |
Transportation | 21.1% |
Tax Obligation/Limited | 17.1% |
Health Care | 17.1% |
Utilities | 12.3% |
Tax Obligation/General | 12.1% |
Education and Civic Organizations | 6.8% |
Other | 13.5% |
Total | 100% |
States and Territories (% of total municipal bonds) | |
New York | 16.8% |
California | 15.6% |
Florida | 7.1% |
Illinois | 6.8% |
Texas | 5.9% |
Colorado | 4.6% |
Tennessee | 4.3% |
New Jersey | 3.2% |
Pennsylvania | 3.1% |
Missouri | 2.8% |
Wisconsin | 2.2% |
Arizona | 2.1% |
Puerto Rico | 2.0% |
Massachusetts | 1.9% |
Ohio | 1.7% |
Indiana | 1.4% |
Michigan | 1.4% |
Virginia | 1.4% |
Louisiana | 1.4% |
Washington | 1.3% |
Other | 13.0% |
Total | 100% |
Fund Allocation (% of net assets) | |
Long-Term Municipal Bonds | 96.6% |
Common Stocks | 1.0% |
Asset-Backed Securities | 0.1% |
Short-Term Municipal Bonds | 1.9% |
Other Assets Less Liabilities | 0.4% |
Net Assets | 100% |
Bond Credit Quality (% of total investment exposure) | |
U.S. Guaranteed | 4.8% |
AAA | 8.7% |
AA | 32.1% |
A | 27.3% |
BBB | 14.7% |
BB or Lower | 4.4% |
N/R (not rated) | 7.0% |
N/A (not applicable) | 1.0% |
Total | 100% |
Portfolio Composition (% of total investments) | |
Utilities | 15.8% |
Tax Obligation/General | 15.5% |
Health Care | 14.8% |
Tax Obligation/Limited | 13.8% |
Transportation | 13.7% |
Housing/Single Family | 7.9% |
U.S. Guaranteed | 5.1% |
Other | 13.4% |
Total | 100% |
States and Territories (% of total municipal bonds) | |
Illinois | 10.1% |
New York | 7.2% |
Pennsylvania | 5.4% |
Texas | 5.0% |
New Jersey | 4.6% |
California | 4.5% |
Florida | 4.4% |
Ohio | 3.3% |
Indiana | 3.1% |
Washington | 3.1% |
Georgia | 2.7% |
Puerto Rico | 2.5% |
Colorado | 2.5% |
Michigan | 2.5% |
Louisiana | 2.4% |
Connecticut | 2.2% |
Virginia | 2.1% |
Alabama | 2.0% |
Arizona | 2.0% |
Maryland | 1.9% |
Oklahoma | 1.9% |
Nevada | 1.8% |
Tennessee | 1.5% |
Kentucky | 1.5% |
District of Columbia | 1.3% |
Other 1 | 18.5% |
Total | 100% |
1 | See Portfolio of Investments for details on "other" States and Territories. |
Fund Allocation (% of net assets) | |
Long-Term Municipal Bonds | 96.0% |
Common Stocks | 1.3% |
Short-Term Municipal Bonds | 2.5% |
Other Assets Less Liabilities | 0.2% |
Net Assets | 100% |
Bond Credit Quality (% of total investment exposure) | |
U.S. Guaranteed | 1.5% |
AAA | 12.2% |
AA | 36.6% |
A | 24.3% |
BBB | 9.9% |
BB or Lower | 2.1% |
N/R (not rated) | 12.1% |
N/A (not applicable) | 1.3% |
Total | 100% |
Portfolio Composition (% of total investments) | |
Tax Obligation/General | 26.2% |
Tax Obligation/Limited | 18.1% |
Utilities | 16.4% |
Health Care | 11.6% |
Transportation | 8.1% |
Housing/Single Family | 5.6% |
Other | 14.0% |
Total | 100% |
States and Territories (% of total municipal bonds) | |
New York | 9.1% |
New Jersey | 6.4% |
Illinois | 6.1% |
Pennsylvania | 4.4% |
Texas | 4.3% |
Louisiana | 4.2% |
California | 4.2% |
Connecticut | 3.7% |
Florida | 3.7% |
Ohio | 3.7% |
Massachusetts | 2.9% |
Kentucky | 2.6% |
Georgia | 2.6% |
Oklahoma | 2.6% |
Indiana | 2.6% |
Michigan | 2.4% |
Washington | 2.4% |
Virginia | 2.1% |
Puerto Rico | 2.1% |
South Carolina | 1.9% |
Colorado | 1.9% |
Maryland | 1.9% |
Arizona | 1.6% |
North Carolina | 1.5% |
Other 1 | 19.1% |
Total | 100% |
1 | See Portfolio of Investments for details on "other" States and Territories. |
Fund Allocation (% of net assets) | |
Long-Term Municipal Bonds | 92.7% |
Common Stocks | 0.1% |
Short-Term Municipal Bonds | 5.3% |
Other Assets Less Liabilities | 1.9% |
Net Assets | 100% |
Bond Credit Quality (% of total investment exposure) | |
U.S. Guaranteed | 1.5% |
AAA | 8.1% |
AA | 45.3% |
A | 33.2% |
BBB | 7.5% |
BB or Lower | 1.3% |
N/R (not rated) | 3.0% |
N/A (not applicable) | 0.1% |
Total | 100% |
Portfolio Composition (% of total investments) | |
Tax Obligation/General | 21.5% |
Health Care | 20.1% |
Transportation | 15.8% |
Utilities | 13.5% |
Tax Obligation/Limited | 11.6% |
Education and Civic Organizations | 4.9% |
Other | 12.6% |
Total | 100% |
States and Territories (% of total municipal bonds) | |
Texas | 11.4% |
Minnesota | 7.8% |
Illinois | 6.2% |
Wisconsin | 5.3% |
Missouri | 4.9% |
New Jersey | 4.8% |
Florida | 4.5% |
New York | 3.5% |
Colorado | 3.3% |
Alabama | 3.3% |
Arizona | 3.1% |
Iowa | 2.7% |
Louisiana | 2.4% |
Pennsylvania | 2.4% |
Washington | 2.3% |
Michigan | 2.3% |
California | 2.3% |
Ohio | 2.1% |
Indiana | 1.5% |
Georgia | 1.5% |
Virginia | 1.5% |
Oregon | 1.5% |
Tennessee | 1.4% |
New Mexico | 1.4% |
North Carolina | 1.3% |
Utah | 1.3% |
Other | 14.0% |
Total | 100% |
Share Class | ||||
Class A | Class C | Class R6 | Class I | |
Actual Performance | ||||
Beginning Account Value | $1,000.00 | $1,000.00 | $1,000.00 | $1,000.00 |
Ending Account Value | $1,023.34 | $1,019.29 | $1,024.45 | $1,024.23 |
Expenses Incurred During the Period | $ 3.25 | $ 7.29 | $ 2.08 | $ 2.23 |
Hypothetical Performance (5% annualized return before expenses) | ||||
Beginning Account Value | $1,000.00 | $1,000.00 | $1,000.00 | $1,000.00 |
Ending Account Value | $1,021.86 | $1,017.85 | $1,023.01 | $1,022.86 |
Expenses Incurred During the Period | $ 3.24 | $ 7.28 | $ 2.08 | $ 2.23 |
Share Class | |||
Class A | Class C | Class I | |
Actual Performance | |||
Beginning Account Value | $1,000.00 | $1,000.00 | $1,000.00 |
Ending Account Value | $1,012.73 | $1,008.66 | $1,013.63 |
Expenses Incurred During the Period | $ 3.18 | $ 7.20 | $ 2.17 |
Hypothetical Performance (5% annualized return before expenses) | |||
Beginning Account Value | $1,000.00 | $1,000.00 | $1,000.00 |
Ending Account Value | $1,021.91 | $1,017.90 | $1,022.91 |
Expenses Incurred During the Period | $ 3.19 | $ 7.23 | $ 2.18 |
Share Class | |||
Class A | Class C | Class I | |
Actual Performance | |||
Beginning Account Value | $1,000.00 | $1,000.00 | $1,000.00 |
Ending Account Value | $1,008.26 | $1,005.19 | $1,009.35 |
Expenses Incurred During the Period | $ 3.02 | $ 7.04 | $ 2.01 |
Hypothetical Performance (5% annualized return before expenses) | |||
Beginning Account Value | $1,000.00 | $1,000.00 | $1,000.00 |
Ending Account Value | $1,022.06 | $1,018.05 | $1,023.06 |
Expenses Incurred During the Period | $ 3.04 | $ 7.08 | $ 2.03 |
Share Class | |||
Class A | Class C | Class I | |
Actual Performance | |||
Beginning Account Value | $1,000.00 | $1,000.00 | $1,000.00 |
Ending Account Value | $1,001.46 | $ 997.48 | $1,003.33 |
Expenses Incurred During the Period | $ 3.41 | $ 7.41 | $ 2.41 |
Hypothetical Performance (5% annualized return before expenses) | |||
Beginning Account Value | $1,000.00 | $1,000.00 | $1,000.00 |
Ending Account Value | $1,021.66 | $1,017.65 | $1,022.66 |
Expenses Incurred During the Period | $ 3.45 | $ 7.49 | $ 2.43 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
LONG-TERM INVESTMENTS – 110.0% | ||||||
MUNICIPAL BONDS – 109.7% | ||||||
Alabama – 1.2% | ||||||
Birmingham-Jefferson Civic Center Authority, Alabama, Special Tax Bonds, Series 2018A: | ||||||
$ 3,500 | 4.000%, 7/01/38 | 7/28 at 100.00 | Aa3 | $3,931,970 | ||
3,500 | 4.000%, 7/01/43 | 7/28 at 100.00 | Aa3 | 3,893,505 | ||
2,000 | Hoover Industrial Development Board, Alabama, Environmental Improvement Revenue Bonds, United States Steel Corporation Project, Series 2019, 5.750%, 10/01/49 (AMT) | 10/29 at 100.00 | B | 2,376,760 | ||
21,455 | Huntsville Healthcare Authority, Alabama, Revenue Bonds, Series 2020B, 3.000%, 6/01/50 – AGM Insured (UB) (4) | 6/30 at 100.00 | AA | 22,569,802 | ||
4,220 | Infirmary Health System Special Care Facilities Financing Authority of Mobile, Alabama, Revenue Bonds, Infirmary Health System, Inc, Series 2016A, 5.000%, 2/01/41 | 2/26 at 100.00 | A- | 4,815,104 | ||
4,500 | Jefferson County, Alabama, Sewer Revenue Warrants, Capital Appreciation Subordinate Lien Series 2013F, 0.000%, 10/01/50 (5) | 10/23 at 105.00 | BBB | 4,627,125 | ||
2,800 | Jefferson County, Alabama, Sewer Revenue Warrants, Subordinate Lien Series 2013D, 6.500%, 10/01/53 | 10/23 at 105.00 | BBB | 3,236,912 | ||
14,175 | Lower Alabama Gas District, Alabama, Gas Project Revenue Bonds, Series 2016A, 5.000%, 9/01/46 | No Opt. Call | A2 | 20,195,548 | ||
500 | Mobile Spring Hill College Educational Building Authority, Alabama, Revenue Bonds, Spring Hill College Project, Series 2015, 5.875%, 4/15/45 | 4/25 at 100.00 | N/R | 545,800 | ||
12,295 | Southeast Alabama Gas Supply District, Alabama, Gas Supply Revenue Bonds, Project 1, Fixed Rate Series 2018A, 4.000%, 4/01/49 (Mandatory Put 4/01/24) | 1/24 at 100.27 | A | 13,259,912 | ||
7,985 | Southeast Alabama Gas Supply District, Alabama, Gas Supply Revenue Bonds, Project 2, Fixed Rate Series 2018A, 4.000%, 6/01/49 (Mandatory Put 6/01/24) | 3/24 at 100.29 | A1 | 8,666,919 | ||
11,000 | Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 2, Series 2021B-1, 4.000%, 12/01/51 (Mandatory Put 12/01/31) | 9/31 at 100.62 | A1 | 13,336,400 | ||
2,838 | Tuscaloosa County Industrial Development Authority, Alabama, Gulf Opportunity Zone Bonds, Hunt Refining Project, Refunding Series 2019A, 4.500%, 5/01/32, 144A | 5/29 at 100.00 | N/R | 3,054,783 | ||
90,768 | Total Alabama | 104,510,540 | ||||
Alaska – 0.2% | ||||||
Alaska Industrial Development and Export Authority, Revenue Bonds, Greater Fairbanks Community Hospital Foundation Project, Refunding Series 2019: | ||||||
2,000 | 4.000%, 4/01/30 | 4/29 at 100.00 | A+ | 2,336,160 | ||
2,045 | 4.000%, 4/01/31 | 4/29 at 100.00 | A+ | 2,375,595 | ||
2,000 | 4.000%, 4/01/32 | 4/29 at 100.00 | A+ | 2,315,400 | ||
615 | 4.000%, 4/01/34 | 4/29 at 100.00 | A+ | 707,816 | ||
3,855 | Alaska Municipal Bond Bank, General Obligation Bonds, Refunding Three Series 2016, 5.000%, 12/01/27 | No Opt. Call | A+ | 4,778,350 | ||
205 | Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds, Senior Series 2021A Class 1, 4.000%, 6/01/50 | 6/31 at 100.00 | BBB+ | 237,330 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Alaska (continued) | ||||||
$ 1,530 | Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds, Series 2021B-1 Class 2, 4.000%, 6/01/50 | 6/31 at 100.00 | BBB- | $ 1,754,068 | ||
12,250 | Total Alaska | 14,504,719 | ||||
Arizona – 2.3% | ||||||
1,500 | Arizona Industrial Development Authority, Arizona, Economic Development Revenue Bonds, Linder Village Project in Meridian, Ada County, Idaho, Series 2020, 5.000%, 6/01/31, 144A | No Opt. Call | N/R | 1,766,400 | ||
Arizona Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Basis Schools, Inc Projects, Series 2017A: | ||||||
1,100 | 5.250%, 7/01/47, 144A | 7/26 at 100.00 | BB | 1,256,629 | ||
1,000 | 5.375%, 7/01/50, 144A | 7/26 at 100.00 | BB | 1,146,550 | ||
1,250 | Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Academies of Math & Science Projects, Series 2019, 5.000%, 7/01/49, 144A | 7/29 at 100.00 | BB | 1,428,925 | ||
585 | Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Pinecrest Academy-Cadence Campus Project, Series 2020A, 4.000%, 7/15/40, 144A | 7/28 at 100.00 | BB+ | 629,934 | ||
Arizona Industrial Development Authority, Hospital Revenue Bonds, Phoenix Children's Hospital, Series 2020A: | ||||||
4,625 | 3.000%, 2/01/45 (UB) (4) | 2/30 at 100.00 | A1 | 4,861,523 | ||
10,100 | 4.000%, 2/01/50 (UB) (4) | 2/30 at 100.00 | AA- | 11,622,171 | ||
3,045 | Chandler Industrial Development Authority, Arizona, Industrial Development Revenue Bonds, Intel Corporation Project, Series 2007, 2.700%, 12/01/37 (Mandatory Put 8/14/23) (AMT) | No Opt. Call | A+ | 3,168,505 | ||
9,405 | Chandler Industrial Development Authority, Arizona, Industrial Development Revenue Bonds, Intel Corporation Project, Series 2019, 5.000%, 6/01/49 (Mandatory Put 6/03/24) (AMT) | 6/24 at 100.00 | A+ | 10,506,984 | ||
Maricopa County Industrial Development Authority, Arizona, Education Revenue Bonds, Legacy Traditional Schools Projects, Taxable Series 2019B: | ||||||
1,150 | 4.000%, 7/01/29, 144A | No Opt. Call | BB+ | 1,282,630 | ||
1,175 | 5.000%, 7/01/49, 144A | 7/29 at 100.00 | BB+ | 1,351,979 | ||
Maricopa County Industrial Development Authority, Arizona, Hospital Revenue Bonds, HonorHealth, Series 2019A: | ||||||
1,250 | 5.000%, 9/01/37 | 9/28 at 100.00 | A+ | 1,540,825 | ||
935 | 5.000%, 9/01/42 | 9/28 at 100.00 | A+ | 1,141,551 | ||
11,500 | Maricopa County Industrial Development Authority, Arizona, Hospital Revenue Bonds, HonorHealth, Series 2021A, 3.000%, 9/01/51 (UB) (4) | 3/31 at 100.00 | A+ | 11,986,335 | ||
8,430 | Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Series 2017D, 3.000%, 1/01/48 (UB) (4) | 7/30 at 100.00 | AA- | 8,894,324 | ||
10,000 | Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Series 2019E, 3.000%, 1/01/49 (UB) (4) | 7/30 at 100.00 | AA- | 10,540,400 | ||
8,000 | Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Variable Rate Demand Series 2019F, 3.000%, 1/01/49 (UB) (4) | 7/30 at 100.00 | AA- | 8,432,320 | ||
3,895 | Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Variable Rate Series 2019C, 0.620%, 1/01/35 (Mandatory Put 10/18/24) (SIFMA reference rate + 0.570% spread) (6) | 10/23 at 100.00 | AA- | 3,917,474 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Arizona (continued) | ||||||
$ 2,500 | Maricopa County Union High School District 210 Phoenix, Arizona, General Obligation Bonds, School Improvement Project 2011 and 2017, Series 2018, 5.000%, 7/01/36 | 7/27 at 100.00 | AAA | $3,024,225 | ||
150 | Maricopa County, Arizona, Hospital Revenue Bonds, Sun Health Corporation, Series 2005, 5.000%, 4/01/25 (Pre-refunded 4/01/24) | 4/24 at 100.00 | N/R (7) | 161,649 | ||
Phoenix Civic Improvement Corporation, Arizona, Rental Car Facility Charge Revenue Bonds, Series 2019A: | ||||||
1,930 | 5.000%, 7/01/28 | No Opt. Call | A3 | 2,381,967 | ||
3,340 | 5.000%, 7/01/29 | No Opt. Call | A3 | 4,200,217 | ||
3,560 | 5.000%, 7/01/30 | 7/29 at 100.00 | A3 | 4,459,719 | ||
5,775 | 5.000%, 7/01/31 | 7/29 at 100.00 | A3 | 7,204,659 | ||
1,500 | 5.000%, 7/01/33 | 7/29 at 100.00 | A3 | 1,859,985 | ||
1,000 | 5.000%, 7/01/38 | 7/29 at 100.00 | A3 | 1,224,480 | ||
7,365 | 5.000%, 7/01/39 | 7/29 at 100.00 | A3 | 8,997,894 | ||
7,295 | 4.000%, 7/01/45 | 7/29 at 100.00 | A3 | 8,136,405 | ||
7,200 | 5.000%, 7/01/45 | 7/29 at 100.00 | A3 | 8,684,136 | ||
Phoenix Civic Improvement Corporation, Arizona, Revenue Bonds, Civic Plaza Expansion Project, Series 2005B: | ||||||
1,650 | 5.500%, 7/01/31 – FGIC Insured | No Opt. Call | AA | 2,228,523 | ||
6,000 | 5.500%, 7/01/39 – FGIC Insured | No Opt. Call | AA | 9,047,520 | ||
Phoenix Civic Improvement Corporation, Arizona, Water System Revenue Bonds, Junior Lien Series 2021A: | ||||||
2,125 | 5.000%, 7/01/38 | 7/31 at 100.00 | AAA | 2,800,920 | ||
2,175 | 5.000%, 7/01/39 | 7/31 at 100.00 | AAA | 2,858,885 | ||
1,840 | 4.000%, 7/01/40 | 7/31 at 100.00 | AAA | 2,219,353 | ||
1,115 | 4.000%, 7/01/41 | 7/31 at 100.00 | AAA | 1,340,899 | ||
2,360 | 4.000%, 7/01/42 | 7/31 at 100.00 | AAA | 2,829,380 | ||
165 | Phoenix Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Choice Academies Charter Schools Project, Series 2012, 4.875%, 9/01/22 | No Opt. Call | BB | 170,353 | ||
400 | Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, San Tan Montessori School Project, Series 2016, 6.500%, 2/01/48, 144A | 2/24 at 100.00 | N/R | 419,692 | ||
2,720 | Pima County Industrial Development Authority, Arizona, Revenue Bonds, Tucson Medical Center, Series 2021A, 3.000%, 4/01/51 (UB) (4) | 4/31 at 100.00 | A | 2,835,954 | ||
Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Citigroup Energy Inc Prepay Contract Obligations, Series 2007: | ||||||
1,000 | 5.250%, 12/01/28 | No Opt. Call | A3 | 1,258,820 | ||
13,155 | 5.000%, 12/01/32 | No Opt. Call | A3 | 17,277,645 | ||
7,675 | 5.000%, 12/01/37 | No Opt. Call | A3 | 10,573,003 | ||
Tempe Industrial Development Authority, Arizona, Revenue Bonds, Friendship Village of Tempe Project, Refunding Series 2012A: | ||||||
2,590 | 6.000%, 12/01/27 | 12/21 at 100.00 | N/R | 2,613,673 | ||
1,080 | 6.000%, 12/01/32 | 12/21 at 100.00 | N/R | 1,089,871 | ||
1,100 | 6.250%, 12/01/42 | 12/21 at 100.00 | N/R | 1,110,483 | ||
167,710 | Total Arizona | 196,485,769 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Arkansas – 0.5% | ||||||
$ 18,840 | Arkansas Development Finance Authority, Industrial Development Revenue Bonds, Big River Steel Project, Series 2019, 4.500%, 9/01/49, 144A (AMT) | 9/26 at 103.00 | Ba3 | $20,681,798 | ||
9,730 | Arkansas Development Finance Authority, Industrial Development Revenue Bonds, Big River Steel Project, Series 2020A, 4.750%, 9/01/49, 144A (AMT) | 9/27 at 103.00 | Ba3 | 10,935,547 | ||
Arkansas Development Finance Authority, Revenue Bonds, Baptist Memorial Health Care, Refunding Series 2020B-1: | ||||||
1,300 | 5.000%, 9/01/37 | 9/30 at 100.00 | BBB+ | 1,618,149 | ||
1,000 | 5.000%, 9/01/38 | 9/30 at 100.00 | BBB+ | 1,241,700 | ||
1,700 | 5.000%, 9/01/40 | 9/30 at 100.00 | BBB+ | 2,100,962 | ||
4,000 | 5.000%, 9/01/44 | 9/30 at 100.00 | BBB+ | 4,895,440 | ||
36,570 | Total Arkansas | 41,473,596 | ||||
California – 17.2% | ||||||
Alameda Corridor Transportation Authority, California, Revenue Bonds, Refunding Second Subordinate Lien Series 2016B: | ||||||
14,510 | 5.000%, 10/01/35 | 10/26 at 100.00 | BBB+ | 17,050,121 | ||
4,300 | 5.000%, 10/01/36 | 10/26 at 100.00 | BBB+ | 5,044,158 | ||
6,045 | 5.000%, 10/01/37 | 10/26 at 100.00 | BBB+ | 7,075,189 | ||
9,715 | Bakersfield City School District, Kern County, California, General Obligation Bonds, Series 2012C, 0.000%, 5/01/47 (5) | 5/40 at 100.00 | Aa3 | 9,007,165 | ||
10,000 | Bay Area Toll Authority, California, Revenue Bonds, San Francisco Bay Area Toll Bridge, Subordinate Fixed Rate Series 2017S-7, 4.000%, 4/01/38 | 4/27 at 100.00 | AA- | 11,465,800 | ||
2,000 | Brentwood Infrastructure Financing Authority, California, Infrastructure Revenue Bonds, Refunding Subordinated Series 2014B, 5.000%, 9/02/36 | 9/24 at 100.00 | N/R | 2,182,560 | ||
7,630 | California Community Housing Agency, California, Essential Housing Revenue Bonds, Creekwood, Series 2021A, 4.000%, 2/01/56, 144A | 8/31 at 100.00 | N/R | 8,155,478 | ||
510 | California Community Housing Agency, California, Essential Housing Revenue Bonds, Fountains at Emerald Park, Junior Lien Series 2021A-2, 4.000%, 8/01/46, 144A | 8/31 at 100.00 | N/R | 549,051 | ||
3,260 | California Community Housing Agency, California, Essential Housing Revenue Bonds, Fountains at Emerald Park, Senior Lien Series 2021A-1, 3.000%, 8/01/56, 144A | 8/31 at 100.00 | N/R | 3,262,641 | ||
17,260 | California Community Housing Agency, California, Essential Housing Revenue Bonds, Glendale Properties, Junior Series 2021A-2, 4.000%, 8/01/47, 144A | 8/31 at 100.00 | N/R | 18,385,525 | ||
25,260 | California Community Housing Agency, California, Essential Housing Revenue Bonds, Serenity at Larkspur Apartments, Series 2020A, 5.000%, 2/01/50, 144A | 2/30 at 100.00 | N/R | 28,381,883 | ||
7,395 | California Community Housing Agency, California, Essential Housing Revenue Bonds, The Arbors, Series 2020A, 5.000%, 8/01/50, 144A | 8/30 at 100.00 | N/R | 8,398,797 | ||
18,935 | California Community Housing Agency, Workforce Housing Revenue Bonds, Annadel Apartments, Series 2019A, 5.000%, 4/01/49, 144A | 4/29 at 100.00 | N/R | 21,069,353 | ||
890 | California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Los Angeles County Securitization Corporation, Series 2020B-1, 5.000%, 6/01/49 | 6/30 at 100.00 | BBB- | 1,088,799 | ||
12,675 | California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Los Angeles County Securitization Corporation, Series 2020B-2, 0.000%, 6/01/55 | 6/30 at 26.72 | N/R | 2,539,690 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$ 5,450 | California Educational Facilities Authority, Revenue Bonds, Chapman University, Series 2017B, 4.000%, 4/01/47 | 4/27 at 100.00 | A2 | $6,067,975 | ||
12,060 | California Educational Facilities Authority, Revenue Bonds, Pepperdine University, Refunding Series 2016, 5.000%, 10/01/49 | 4/26 at 100.00 | AA- | 14,057,739 | ||
10,000 | California Health Facilities Financing Authority, California, Revenue Bonds, Sutter Health, Refunding Series 2017A, 5.000%, 11/15/48 | 11/27 at 100.00 | A1 | 12,062,800 | ||
4,650 | California Health Facilities Financing Authority, California, Revenue Bonds, Sutter Health, Series 2016A, 5.000%, 11/15/41 (Pre-refunded 11/15/25) | 11/25 at 100.00 | A1 (7) | 5,523,967 | ||
1,670 | California Health Facilities Financing Authority, Revenue Bonds, Children's Hospital Los Angeles, Series 2017A, 5.000%, 8/15/42 | 8/27 at 100.00 | BBB+ | 1,978,533 | ||
16,400 | California Health Facilities Financing Authority, Revenue Bonds, City of Hope National Medical Center, Series 2019, 4.000%, 11/15/45 | 11/29 at 100.00 | A+ | 18,883,944 | ||
California Health Facilities Financing Authority, Revenue Bonds, CommonSpirit Health, Series 2020A: | ||||||
1,810 | 4.000%, 4/01/44 | 4/30 at 100.00 | BBB+ | 2,075,183 | ||
1,970 | 4.000%, 4/01/45 | 4/30 at 100.00 | BBB+ | 2,248,105 | ||
1,065 | 4.000%, 4/01/49 | 4/30 at 100.00 | BBB+ | 1,213,333 | ||
3,015 | California Health Facilities Financing Authority, Revenue Bonds, El Camino Hospital, Refunding Series 2015A, 5.000%, 2/01/40 | 2/25 at 100.00 | AA | 3,429,593 | ||
California Health Facilities Financing Authority, Revenue Bonds, El Camino Hospital, Series 2017: | ||||||
1,395 | 5.000%, 2/01/30 | 2/27 at 100.00 | AA | 1,698,873 | ||
1,105 | 5.000%, 2/01/31 | 2/27 at 100.00 | AA | 1,343,691 | ||
4,500 | California Health Facilities Financing Authority, Revenue Bonds, Lucile Salter Packard Children's Hospital at Stanford, Refunding Series 2022A Forward Delivery, 4.000%, 5/15/46 (WI/DD, Settling 5/17/22) | 5/32 at 100.00 | AA- | 5,133,150 | ||
13,305 | California Health Facilities Financing Authority, Revenue Bonds, PIH Health, Series 2020A, 3.000%, 6/01/47 | 6/30 at 100.00 | A | 13,999,255 | ||
485 | California Health Facilities Financing Authority, Revenue Bonds, Providence Health & Services, Series 2014B, 5.000%, 10/01/44 | 10/24 at 100.00 | AA- | 545,557 | ||
2,185 | California Health Facilities Financing Authority, Revenue Bonds, Saint Joseph Health System, Series 2013A, 5.000%, 7/01/37 | 7/23 at 100.00 | AA- | 2,361,963 | ||
2,320 | California Health Facilities Financing Authority, Revenue Bonds, Sutter Health, Series 2013A, 5.000%, 8/15/52 (Pre-refunded 8/15/23) | 8/23 at 100.00 | A1 (7) | 2,524,322 | ||
9,547 | California Housing Finance Agency, Municipal Certificate Revenue Bonds, Class A Series 2021-1, 3.500%, 11/20/35 | No Opt. Call | BBB+ | 11,082,054 | ||
1,940 | California Infrastructure and Economic Development Bank, Lease Revenue Bonds, California State Teachers, Retirement System Headquarters Expansion, Green Bond-Climate Bond Certified Series 2019, 5.000%, 8/01/49 | 8/29 at 100.00 | AA | 2,392,233 | ||
5,000 | California Infrastructure and Economic Development Bank, Revenue Bonds, Los Angeles County Museum of Natural History Foundation, Series 2020, 4.000%, 7/01/50 | 7/30 at 100.00 | A2 | 5,689,200 | ||
California Municipal Finance Authority, Charter School Lease Revenue Bonds, Nova Academy Project, Series 2016A: | ||||||
1,850 | 5.000%, 6/15/36, 144A | 6/26 at 100.00 | BB | 2,052,816 | ||
2,425 | 5.000%, 6/15/46, 144A | 6/26 at 100.00 | BB | 2,650,331 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$ 610 | California Municipal Finance Authority, Charter School Revenue Bonds, John Adams Academies, Inc - Lincoln Project, Taxable Series 2019B, 5.000%, 10/01/39, 144A | 10/27 at 100.00 | N/R | $667,340 | ||
1,495 | California Municipal Finance Authority, Charter School Revenue Bonds, Palmdale Aerospace Academy Project, Series 2016A, 5.000%, 7/01/46, 144A | 7/26 at 100.00 | BB | 1,672,442 | ||
California Municipal Finance Authority, Revenue Bonds, Biola University, Refunding Series 2017: | ||||||
470 | 5.000%, 10/01/29 | 10/27 at 100.00 | Baa1 | 566,430 | ||
1,165 | 5.000%, 10/01/30 | 10/27 at 100.00 | Baa1 | 1,396,893 | ||
California Municipal Finance Authority, Revenue Bonds, Eisenhower Medical Center, Refunding Series 2017A: | ||||||
7,745 | 5.000%, 7/01/42 | 7/27 at 100.00 | Baa2 | 9,203,383 | ||
7,385 | 5.000%, 7/01/47 | 7/27 at 100.00 | Baa2 | 8,721,094 | ||
5,000 | California Municipal Finance Authority, Revenue Bonds, Eisenhower Medical Center, Refunding Series 2017B, 5.000%, 7/01/42 | 7/27 at 100.00 | Baa2 | 5,941,500 | ||
34,325 | California Municipal Finance Authority, Revenue Bonds, Linxs APM Project, Senior Lien Series 2018A, 5.000%, 12/31/43 (AMT) | 6/28 at 100.00 | BBB- | 41,153,959 | ||
6,750 | California Municipal Finance Authority, Revenue Bonds, Linxs APM Project, Senior Lien Series 2018B, 5.000%, 6/01/48 (AMT) | 6/28 at 100.00 | BBB- | 8,029,260 | ||
California Municipal Finance Authority, Revenue Bonds, NorthBay Healthcare Group, Series 2017A: | ||||||
1,000 | 5.000%, 11/01/30 | 11/26 at 100.00 | BBB- | 1,159,910 | ||
1,040 | 5.250%, 11/01/31 | 11/26 at 100.00 | BBB- | 1,221,126 | ||
California Municipal Finance Authority, Reveue Bonds, Community Medical Centers, Series 2017A: | ||||||
1,750 | 5.000%, 2/01/42 | 2/27 at 100.00 | A- | 2,086,193 | ||
8,875 | 5.000%, 2/01/47 | 2/27 at 100.00 | A- | 10,518,384 | ||
California Municipal Finance Authority, Student Housing Revenue Bonds, CHF-Davis II, LLC - Orchard Park Student Housing Project, Series 2021: | ||||||
14,500 | 3.000%, 5/15/51 – BAM Insured (UB) (4) | 5/31 at 100.00 | AA | 15,137,565 | ||
4,825 | 3.000%, 5/15/54 – BAM Insured (UB) (4) | 5/31 at 100.00 | AA | 5,016,166 | ||
3,965 | California Pollution Control Financing Authority, Water Furnishing Revenue Bonds, Poseidon Resources Channelside LP Desalination Project, Series 2012, 5.000%, 7/01/37, 144A (AMT) | 1/23 at 100.00 | BBB | 4,152,148 | ||
640 | California Pollution Control Financing Authority, Water Furnishing Revenue Bonds, San Diego County Water Authoriity Desalination Project Pipeline, Refunding Series 2019, 5.000%, 11/21/45, 144A | 1/29 at 100.00 | BBB | 761,216 | ||
1,625 | California Pollution Control Financing Authority, Water Furnishing Revenue Bonds, San Diego County Water Authority Desalination Project Pipeline, Refunding Series 2019, 5.000%, 7/01/39, 144A | 1/29 at 100.00 | BBB | 1,956,939 | ||
1,450 | California Public Finance Authority, Revenue Bonds, Henry Mayo Newhall Hospital, Series 2017, 5.000%, 10/15/37 | 10/26 at 100.00 | BBB- | 1,698,965 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
California Public Finance Authority, Senior Living Revenue Bonds, Enso Village, Refunding Green Series 2021A: | ||||||
$ 1,250 | 5.000%, 11/15/46, 144A | 11/29 at 102.00 | N/R | $1,433,788 | ||
440 | 5.000%, 11/15/56, 144A | 11/29 at 102.00 | N/R | 502,308 | ||
1,475 | California School Finance Authority, Educational Facility Revenue Bonds, River Springs Charter School Project, Series 2017A, 5.000%, 7/01/47, 144A | 7/27 at 100.00 | Ba2 | 1,630,273 | ||
California State Public Works Board, Lease Revenue Bonds, Various Capital Projects, Refunding Series 2019B: | ||||||
1,000 | 5.000%, 5/01/31 | No Opt. Call | Aa3 | 1,329,090 | ||
1,125 | 5.000%, 5/01/32 | No Opt. Call | Aa3 | 1,525,905 | ||
California State Public Works Board, Lease Revenue Bonds, Various Capital Projects, Series 2021B: | ||||||
1,000 | 4.000%, 5/01/40 | 5/31 at 100.00 | Aa3 | 1,192,220 | ||
3,500 | 4.000%, 5/01/46 | 5/31 at 100.00 | Aa3 | 4,111,310 | ||
33,630 | California State University, Systemwide Revenue Bonds, Series 2018A, 5.000%, 11/01/48 | 11/28 at 100.00 | Aa2 | 41,425,098 | ||
2,000 | California State University, Systemwide Revenue Bonds, Series 2021A, 3.000%, 11/01/52 (UB) (4) | 11/31 at 100.00 | Aa2 | 2,117,320 | ||
California State, General Obligation Bonds, Refunding Various Purpose Series 2019: | ||||||
8,000 | 3.000%, 10/01/34 | 10/29 at 100.00 | Aa2 | 8,921,440 | ||
8,075 | 3.000%, 10/01/35 | 10/29 at 100.00 | Aa2 | 8,977,220 | ||
11,500 | 3.000%, 10/01/36 | 10/29 at 100.00 | Aa2 | 12,659,315 | ||
California State, General Obligation Bonds, Refunding Various Purpose Series 2021: | ||||||
9,680 | 4.000%, 10/01/41 | 4/31 at 100.00 | Aa2 | 11,530,429 | ||
1,275 | 5.000%, 12/01/46 | 12/30 at 100.00 | Aa2 | 1,624,503 | ||
12,000 | California State, General Obligation Bonds, Various Purpose Series 2017, 5.000%, 8/01/46 | 8/26 at 100.00 | Aa2 | 14,250,840 | ||
3,960 | California State, General Obligation Bonds, Various Purpose Series 2019, 5.000%, 4/01/49 | 4/29 at 100.00 | Aa2 | 4,912,261 | ||
California State, General Obligation Bonds, Various Purpose Series 2020: | ||||||
4,125 | 3.000%, 11/01/41 | 11/30 at 100.00 | Aa2 | 4,465,477 | ||
3,000 | 3.000%, 3/01/46 | 3/30 at 100.00 | Aa2 | 3,190,950 | ||
1,600 | 4.000%, 3/01/46 | 3/30 at 100.00 | Aa2 | 1,865,680 | ||
7,750 | California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2014A, 5.500%, 12/01/54 | 12/24 at 100.00 | BB | 8,784,082 | ||
California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2016A: | ||||||
1,100 | 5.000%, 12/01/41, 144A | 6/26 at 100.00 | BB | 1,227,314 | ||
3,365 | 5.000%, 12/01/46, 144A | 6/26 at 100.00 | BB | 3,731,448 | ||
28,630 | 5.250%, 12/01/56, 144A | 6/26 at 100.00 | BB | 31,893,534 | ||
5,800 | California Statewide Communities Development Authority, Pollution Control Revenue Bonds, Southern California Edison Company, Series 2006C, 2.625%, 11/01/33 (Mandatory Put 12/01/23) | No Opt. Call | A- | 6,066,046 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$ 2,350 | California Statewide Communities Development Authority, Revenue Bonds, Adventist Health System/West, Series 2018A, 5.000%, 3/01/42 | 3/28 at 100.00 | A | $2,828,695 | ||
600 | California Statewide Communities Development Authority, Revenue Bonds, Front Porch Communities and Services Project, Series 2017A, 5.000%, 4/01/47 | 4/27 at 100.00 | A | 706,812 | ||
2,900 | California Statewide Communities Development Authority, Revenue Bonds, John Muir Health, Series 2018A, 5.000%, 12/01/57 | 12/27 at 100.00 | A+ | 3,473,591 | ||
California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2020A: | ||||||
1,000 | 4.000%, 9/02/28 | No Opt. Call | N/R | 1,098,180 | ||
700 | 5.000%, 9/02/40 | 9/30 at 100.00 | N/R | 852,432 | ||
California Statewide Communities Development Authority, Student Housing Revenue Bonds, University of California, Irvine East Campus Apartments, Phase IV-A CHF-Irvine, LLC, Series 2017: | ||||||
4,000 | 5.000%, 5/15/47 | 5/27 at 100.00 | Baa1 | 4,722,640 | ||
2,750 | 5.000%, 5/15/50 | 5/27 at 100.00 | Baa1 | 3,241,948 | ||
California Statewide Community Development Authority, Revenue Bonds, Daughters of Charity Health System, Series 2005A: | ||||||
273 | 5.750%, 7/01/30 (8) | 11/21 at 100.00 | N/R | 261,851 | ||
1,752 | 5.750%, 7/01/35 (8) | 11/21 at 100.00 | N/R | 1,682,195 | ||
661 | 5.500%, 7/01/39 (8) | 11/21 at 100.00 | N/R | 634,791 | ||
Chaffey Community College District, San Bernardino County, California, General Obligation Bonds, Election 2018 Series 2019A: | ||||||
3,390 | 3.000%, 6/01/37 | 6/28 at 100.00 | AA | 3,682,184 | ||
3,705 | 3.000%, 6/01/38 | 6/28 at 100.00 | AA | 3,992,063 | ||
3,975 | 3.000%, 6/01/39 | 6/28 at 100.00 | AA | 4,256,032 | ||
College of the Sequoias Community College District, King and Tulare Counties, California, General Obligation Bonds, College of the Sequoias Tulare Area Improvement District 3, Election of 2008, Series 2021E: | ||||||
1,340 | 4.000%, 8/01/46 (UB) (4) | 8/29 at 100.00 | Aa3 | 1,542,876 | ||
4,410 | 3.000%, 8/01/51 (UB) (4) | 8/29 at 100.00 | Aa3 | 4,609,597 | ||
10,275 | CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Altana Glendale, Series 2021A-2, 4.000%, 10/01/56, 144A | 10/31 at 100.00 | N/R | 10,882,869 | ||
1,610 | CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Oceanaire-Long Beach, Series 2021A-1, 3.200%, 9/01/46, 144A | 9/31 at 100.00 | N/R | 1,640,155 | ||
14,350 | CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Oceanaire-Long Beach, Social Series 2021A-2, 4.000%, 9/01/56, 144A | 9/31 at 100.00 | N/R | 15,406,160 | ||
11,000 | CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Union South Bay, Series 2021A-1, 3.100%, 7/01/45, 144A | 7/31 at 100.00 | N/R | 10,621,820 | ||
400 | Davis Redevelopment Agency, California, Tax Allocation Bonds, Davis Redevelopment Project, Subordinate Series 2011A, 7.000%, 12/01/36 (Pre-refunded 12/01/21) | 12/21 at 100.00 | N/R (7) | 404,288 | ||
Downey Unified School District, Los Angeles County, California, General Obligation Bonds, Election 2014 Series 2021C: | ||||||
5,720 | 3.000%, 8/01/46 (UB) (4) | 8/31 at 100.00 | AA- | 6,061,084 | ||
6,240 | 3.000%, 8/01/47 (UB) (4) | 8/31 at 100.00 | AA- | 6,610,344 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
El Monte Union High School District, Los Angeles County, California, General Obligation Bonds, Election 2018 Capital Appreciation Series 2021E: | ||||||
$ 3,085 | 0.000%, 6/01/43 | 6/30 at 73.43 | AAA | $1,760,733 | ||
3,100 | 0.000%, 6/01/44 | 6/30 at 71.61 | AAA | 1,704,752 | ||
3,170 | 0.000%, 6/01/45 | 6/30 at 69.61 | AAA | 1,684,411 | ||
2,465 | 0.000%, 6/01/46 | 6/30 at 67.73 | AAA | 1,263,830 | ||
6,170 | Elk Grove Finance Authority, California, Special Tax Revenue Bonds, Refunding Series 2016, 5.000%, 9/01/46 | 9/26 at 100.00 | N/R | 7,041,204 | ||
5,500 | Escondido Union School District, San Diego County, California, General Obligation Bonds, Election 2014 Series 2018B, 4.000%, 8/01/47 | 8/27 at 100.00 | AAA | 6,214,670 | ||
Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Refunding Senior Lien Series 2015A: | ||||||
1,695 | 0.000%, 1/15/33 | No Opt. Call | A- | 1,276,471 | ||
10,000 | 0.000%, 1/15/35 – AGM Insured | No Opt. Call | AA | 7,474,400 | ||
Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Refunding Senior Lien Series 2021A: | ||||||
15,000 | 4.000%, 1/15/46 | 1/31 at 100.00 | A- | 17,149,800 | ||
10,000 | 4.000%, 1/15/46 (UB) (4) | 1/31 at 100.00 | A- | 11,433,200 | ||
10,000 | Gilroy Unified School District, Santa Clara County, California, General Obligation Bonds, Election of 2008 & 2016, Series 2019, 4.000%, 8/01/48 | 8/27 at 100.00 | Aa3 | 11,443,000 | ||
Glendale Community College District, Los Angeles County, California, General Obligation Bonds, Election 2016 Taxable Refunding Series 2020B: | ||||||
2,440 | 0.000%, 8/01/40 | 2/30 at 73.53 | Aa2 | 1,471,930 | ||
2,465 | 0.000%, 8/01/41 | 2/30 at 71.08 | Aa2 | 1,430,489 | ||
2,650 | 0.000%, 8/01/42 | 2/30 at 68.75 | Aa2 | 1,478,833 | ||
1,705 | 0.000%, 8/01/43 | 2/30 at 66.54 | Aa2 | 919,421 | ||
1,550 | 0.000%, 8/01/44 | 2/30 at 64.38 | Aa2 | 806,682 | ||
1,250 | 0.000%, 2/01/45 | 2/30 at 63.32 | Aa2 | 638,225 | ||
96,250 | Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, First Subordinate Series 2007B-1, 0.000%, 6/01/47 | 10/21 at 22.54 | CCC- | 21,868,962 | ||
Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Series 2018A-1: | ||||||
6,000 | 5.000%, 6/01/33 | 6/28 at 100.00 | BBB | 7,302,000 | ||
6,285 | 5.250%, 6/01/47 | 6/22 at 100.00 | N/R | 6,473,173 | ||
9,000 | Irvine Ranch Water District, California, General Obligation Bonds, Series 2016, 5.250%, 2/01/41 | 8/26 at 100.00 | AAA | 10,878,930 | ||
1,980 | Kern Community College District, California, General Obligation Bonds, Safety, Repair & Improvement, Election 2002 Series 2006, 0.000%, 11/01/23 – AGM Insured | No Opt. Call | AA | 1,968,496 | ||
2,750 | Lammersville Joint Unified School District, San Joaquin County, California, Special Tax Bonds, Community Facilities District 2014-1 Improvement Area 1 Mountain House School Facilities, Series 2017, 5.000%, 9/01/42 | 9/27 at 100.00 | N/R | 3,191,183 | ||
9,035 | Lammersville Schools Finance Authority, California, Lease Revenue Bonds, Cordes Elementary School, Series 2019, 3.000%, 10/01/49 – BAM Insured | 10/27 at 100.00 | AA | 9,328,999 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$ 7,000 | Lodi Unified School District, San Joaquin County, California, General Obligation Bonds, Election 2016 Series 2020, 3.000%, 8/01/43 | 8/27 at 100.00 | Aa2 | $7,400,260 | ||
15,000 | Lodi Unified School District, San Joaquin County, California, General Obligation Bonds, Election 2016 Series 2021, 3.000%, 8/01/46 (UB) (4) | 8/30 at 100.00 | Aa2 | 15,787,800 | ||
Long Beach Unified School District, Los Angeles County, California, General Obligation Bonds, Election of 2016, Series 2019B: | ||||||
3,000 | 3.000%, 8/01/42 | 8/29 at 100.00 | Aa2 | 3,189,750 | ||
21,500 | 3.000%, 8/01/48 | 8/29 at 100.00 | Aa2 | 22,555,220 | ||
Long Beach, California, Harbor Revenue Bonds, Series 2017: | ||||||
1,600 | 5.000%, 5/15/36 (AMT) | 5/27 at 100.00 | AA | 1,928,288 | ||
1,400 | 5.000%, 5/15/37 (AMT) | 5/27 at 100.00 | AA | 1,685,558 | ||
1,410 | 5.000%, 5/15/40 (AMT) | 5/27 at 100.00 | AA | 1,692,818 | ||
Long Beach, California, Harbor Revenue Bonds, Series 2019A: | ||||||
7,500 | 5.000%, 5/15/44 | 5/29 at 100.00 | Aa2 | 9,359,550 | ||
7,500 | 5.000%, 5/15/49 | 5/29 at 100.00 | Aa2 | 9,349,350 | ||
Los Angeles County Metropolitan Transportation Authority, California, Proposition C Sales Tax Revenue Bonds, Green Senior Lien Series 2019A: | ||||||
9,330 | 5.000%, 7/01/39 | 7/28 at 100.00 | AAA | 11,656,529 | ||
10,340 | 5.000%, 7/01/44 | 7/28 at 100.00 | AAA | 12,811,674 | ||
4,315 | Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Private Activity/AMT Subordinate Series 2021D, 4.000%, 5/15/51 (AMT) (UB) (4) | 11/31 at 100.00 | Aa3 | 4,942,660 | ||
6,000 | Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Refunding Senior Lien Series 2020A, 5.000%, 5/15/36 | 11/29 at 100.00 | Aa2 | 7,699,680 | ||
15,265 | Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Subordinate Lien Series 2018C, 5.000%, 5/15/44 (AMT) | 11/27 at 100.00 | Aa3 | 18,547,280 | ||
10,000 | Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Subordinate Lien Series 2018D, 5.000%, 5/15/48 (AMT) | 5/29 at 100.00 | Aa3 | 12,171,400 | ||
6,400 | Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Refunding Series 2019D, 5.000%, 7/01/49 | 7/29 at 100.00 | Aa2 | 7,997,696 | ||
Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2018D: | ||||||
7,500 | 5.000%, 7/01/43 | 7/28 at 100.00 | Aa2 | 9,243,900 | ||
6,000 | 5.000%, 7/01/48 | 7/28 at 100.00 | Aa2 | 7,350,000 | ||
12,555 | Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2019A, 5.250%, 7/01/49 | 1/29 at 100.00 | Aa2 | 15,761,045 | ||
Los Angeles Department of Water and Power, California, Waterworks Revenue Bonds, Series 2017A: | ||||||
2,300 | 5.000%, 7/01/34 | 1/27 at 100.00 | AA+ | 2,792,775 | ||
2,500 | 5.000%, 7/01/35 | 1/27 at 100.00 | AA+ | 3,032,925 | ||
7,500 | Los Angeles Department of Water and Power, California, Waterworks Revenue Bonds, Series 2018A, 5.000%, 7/01/48 | 1/28 at 100.00 | AA+ | 9,087,900 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
Los Angeles Unified School District, Los Angeles County, California, General Obligation Bonds, Election 2008 Series 2018B-1: | ||||||
$ 8,945 | 5.000%, 7/01/34 – BAM Insured | 1/28 at 100.00 | AA | $11,046,091 | ||
7,475 | 5.000%, 7/01/38 | 1/28 at 100.00 | AA+ | 9,132,133 | ||
15,150 | 5.250%, 7/01/42 | 1/28 at 100.00 | AA+ | 18,625,864 | ||
Los Angeles, California, Wastewater System Revenue Bonds, Green Subordinate Series 2018A: | ||||||
9,320 | 5.000%, 6/01/43 | 6/28 at 100.00 | AA | 11,434,988 | ||
16,990 | 5.000%, 6/01/48 | 6/28 at 100.00 | AA | 20,719,645 | ||
2,500 | Los Angeles, California, Wastewater System Revenue Bonds, Refunding Green Subordinate Lien Series 2017B, 5.000%, 6/01/35 | 6/27 at 100.00 | AA | 3,057,575 | ||
500 | Lynwood Redevelopment Agency, California, Tax Allocation Revenue Bonds, Project Area A, Subordinate Lien Series 2011A, 7.000%, 9/01/31 | 11/21 at 100.00 | A | 502,160 | ||
1,000 | Manteca Financing Authority, California, Sewer Revenue Bonds, Series 2009, 5.750%, 12/01/36 | 12/21 at 100.00 | AA- | 1,008,640 | ||
1,160 | Merced Union High School District, Merced County, California, General Obligation Bonds, Election 2008 Series 2021F, 0.000%, 8/01/44 | 8/28 at 66.35 | Aa3 | 633,673 | ||
Modesto Elementary School District, Stanislaus County, California, General Obligation Bonds, Election 2018 - Measure D Series 2021B: | ||||||
3,700 | 3.000%, 8/01/46 (UB) (4) | 2/30 at 100.00 | Aa3 | 3,892,955 | ||
2,300 | 3.000%, 8/01/50 (UB) (4) | 2/30 at 100.00 | Aa3 | 2,409,986 | ||
2,565 | Morongo Band of Mission Indians, California, Enterprise Revenue Bonds, Series 2018A, 5.000%, 10/01/42, 144A | 10/28 at 100.00 | BBB- | 3,033,523 | ||
5,670 | Mount San Antonio Community College District, Los Angeles County, California, General Obligation Bonds, Election of 2008, Series 2021E, 0.000%, 8/01/45 (UB) (4) | 8/31 at 71.51 | Aa1 | 3,107,103 | ||
M-S-R Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series 2009A: | ||||||
2,800 | 7.000%, 11/01/34 | No Opt. Call | A | 4,222,232 | ||
2,500 | 6.500%, 11/01/39 | No Opt. Call | A | 3,920,175 | ||
7,750 | Norwalk La Mirada Unified School District, Los Angeles County, California, General Obligation Bonds, Election 2014 Series 2021E, 3.000%, 8/01/50 (UB) (4) | 8/31 at 100.00 | Aa3 | 8,145,327 | ||
15,000 | Oak Grove School District, Santa Clara County, California, General Obligation Bonds, Election of 2008, Series 2021G-2, 0.000%, 6/01/46 – BAM Insured | 8/28 at 63.20 | AA | 7,690,650 | ||
30,945 | Oakland Unified School District, Alameda County, California, General Obligation Bonds, Election 2012, Series 2019A, 3.000%, 8/01/40 – AGM Insured | 8/27 at 100.00 | AA | 32,699,272 | ||
6,195 | Oceanside Unified School District, San Diego County, California, General Obligation Bonds, Refunding Capital Appreciation, Series 2020, 0.000%, 8/01/43 – AGM Insured | 8/28 at 66.68 | AA | 3,471,059 | ||
5,975 | Ontario Redevelopment Financing Authority, San Bernardino County, California, Revenue Bonds, Redevelopment Project 1, Series 1993, 5.800%, 8/01/23 – NPFG Insured (ETM) | 11/21 at 100.00 | N/R (7) | 6,400,898 | ||
Orange County, California, Special Tax Bonds, Community Facilities District 2016-1 Esencia Village, Series 2016A: | ||||||
1,250 | 5.000%, 8/15/41 | 8/26 at 100.00 | N/R | 1,430,388 | ||
2,000 | 5.000%, 8/15/46 | 8/26 at 100.00 | N/R | 2,273,960 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
Palm Desert Redevelopment Agency, California, Successor Agency Redevelopment Project Area, Series 2017A: | ||||||
$ 500 | 5.000%, 10/01/28 – BAM Insured | 4/27 at 100.00 | AA | $605,305 | ||
500 | 5.000%, 10/01/30 – BAM Insured | 4/27 at 100.00 | AA | 602,675 | ||
2,000 | Perris Union High School District, Riverside County, California, General Obligation Bonds, 2012 Election, Series 2021C, 3.000%, 9/01/45 (UB) (4) | 9/29 at 100.00 | Aa3 | 2,097,620 | ||
5,325 | Placentia-Yorba Linda Unified School District, Orange County, California, General Obligation Bonds, Series 2011D, 0.000%, 8/01/41 | No Opt. Call | Aa2 | 3,396,711 | ||
2,000 | Pomona Unified School District, Los Angeles County, California, General Obligation Bonds, 2016 Election, Series 2021F, 3.000%, 8/01/48 – BAM Insured (UB) (4) | 8/31 at 100.00 | AA | 2,131,440 | ||
3,775 | Poway Unified School District, San Diego County, California, General Obligation Bonds, School Facilities Improvement District 2007-1, Election 2008 Series 2009A, 0.000%, 8/01/23 | No Opt. Call | Aa2 | 3,749,217 | ||
Poway Unified School District, San Diego County, California, General Obligation Bonds, School Facilities Improvement District 2007-1, Election 2008 Series 2011B: | ||||||
11,810 | 0.000%, 8/01/38 | No Opt. Call | Aa2 | 8,130,358 | ||
10,650 | 0.000%, 8/01/40 | No Opt. Call | Aa2 | 6,841,347 | ||
5,500 | Poway Unified School District, San Diego County, California, General Obligation Bonds, School Facilities Improvement District 2007-1, Series 2011A, 0.000%, 8/01/41 | No Opt. Call | Aa2 | 3,413,410 | ||
15,000 | Rialto Unified School District, San Bernardino County, California, General Obligation Bonds, Series 2011A, 0.000%, 8/01/41 – AGM Insured (5) | 8/36 at 100.00 | AA | 19,581,900 | ||
5,775 | Riverside, California, Sewer Revenue Bonds, Refunding Series 2018A, 5.000%, 8/01/39 | 8/28 at 100.00 | AA- | 7,159,383 | ||
1,735 | Rocklin, Placer County, California, Special Tax Bonds, Community Facilities District 10 Whitney Ranch, Series 2015, 5.000%, 9/01/39 | 9/25 at 100.00 | N/R | 1,939,713 | ||
675 | Roseville, California, Special Tax Bonds, Community Facilities District 1 Hewlett Parkard Campus Oaks, Series 2016, 5.500%, 9/01/46 | 9/26 at 100.00 | N/R | 777,823 | ||
Sacramento County, California, Airport System Revenue Bonds, Refunding Senior Series 2018C: | ||||||
4,305 | 5.000%, 7/01/37 (AMT) | 7/28 at 100.00 | A | 5,243,404 | ||
6,000 | 5.000%, 7/01/38 (AMT) | 7/28 at 100.00 | A | 7,302,360 | ||
5,000 | 5.000%, 7/01/39 (AMT) | 7/28 at 100.00 | A | 6,076,600 | ||
805 | Sacramento, California, Special Tax Bonds, Community Facilities District 05-1 College Square, Series 2007, 5.900%, 9/01/37 | 3/22 at 100.00 | N/R | 818,782 | ||
6,000 | San Diego County Regional Airport Authority, California, Airport Revenue Bonds, Refunding Subordinate Series 2019A, 4.000%, 7/01/38 | 7/29 at 100.00 | A+ | 6,944,460 | ||
San Diego County Regional Airport Authority, California, Airport Revenue Bonds, Subordinate Series 2017A: | ||||||
8,000 | 5.000%, 7/01/42 (AMT) | 7/27 at 100.00 | A+ | 9,525,840 | ||
2,500 | 5.000%, 7/01/47 | 7/27 at 100.00 | A+ | 3,008,450 | ||
3,615 | 5.000%, 7/01/47 (AMT) | 7/27 at 100.00 | A+ | 4,295,162 | ||
6,895 | San Diego Public Facilities Financing Authority, California, Water Utility Revenue Bonds, Subordinate Lien Series 2018A, 5.250%, 8/01/47 | 8/28 at 100.00 | Aa3 | 8,565,865 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
San Diego Redevelopment Agency Successor Agency, California, Tax Allocation Bonds, Refunding Series 2017A: | ||||||
$ 1,815 | 5.000%, 9/01/36 | 9/26 at 100.00 | AA | $2,144,822 | ||
6,160 | 5.000%, 9/01/40 | 9/26 at 100.00 | AA | 7,241,881 | ||
10,000 | San Diego Unified School District, San Diego County, California, General Obligation Bonds, Dedicated Unlimited Ad Valorem Property Tax, 2012 Election Series 2020M-2, 3.000%, 7/01/50 (UB) (4) | 7/30 at 100.00 | AAA | 10,580,900 | ||
San Diego Unified School District, San Diego County, California, General Obligation Bonds, Series 2010C: | ||||||
7,150 | 0.000%, 7/01/39 | No Opt. Call | Aa2 | 4,836,403 | ||
2,800 | 0.000%, 7/01/42 | No Opt. Call | Aa2 | 1,718,220 | ||
1,350 | 0.000%, 7/01/43 | No Opt. Call | Aa2 | 802,575 | ||
San Francisco Airports Commission, California, Revenue Bonds, San Francisco International Airport, Second Series 2016B: | ||||||
5,000 | 5.000%, 5/01/41 (AMT) | 5/26 at 100.00 | A1 | 5,857,700 | ||
12,300 | 5.000%, 5/01/46 (AMT) | 5/26 at 100.00 | A1 | 14,334,174 | ||
12,715 | San Francisco Airports Commission, California, Revenue Bonds, San Francisco International Airport, Second Series 2017A, 5.000%, 5/01/47 (AMT) | 5/27 at 100.00 | A+ | 15,123,348 | ||
3,000 | San Francisco Airports Commission, California, Revenue Bonds, San Francisco International Airport, Second Series 2018D, 5.000%, 5/01/43 (AMT) | 5/28 at 100.00 | A1 | 3,634,920 | ||
8,000 | San Francisco Airports Commission, California, Revenue Bonds, San Francisco International Airport, Second Series 2019A, 5.000%, 5/01/44 (AMT) | 5/29 at 100.00 | A1 | 9,756,560 | ||
San Francisco Airports Commission, California, Revenue Bonds, San Francisco International Airport, Second Series 2019E: | ||||||
2,515 | 5.000%, 5/01/45 (AMT) | 5/29 at 100.00 | A1 | 3,060,478 | ||
14,470 | 5.000%, 5/01/50 (AMT) | 5/29 at 100.00 | A1 | 17,503,057 | ||
13,300 | San Joaquin Hills Transportation Corridor Agency, Orange County, California, Toll Road Revenue Bonds, Refunding Junior Lien Series 2014B, 5.250%, 1/15/44 | 1/25 at 100.00 | BBB+ | 14,805,959 | ||
9,745 | San Joaquin Hills Transportation Corridor Agency, Orange County, California, Toll Road Revenue Bonds, Refunding Senior Lien Series 2014A, 5.000%, 1/15/44 | 1/25 at 100.00 | A- | 10,890,232 | ||
2,000 | San Jose, California, Airport Revenue Bonds, Refunding Series 2017A, 5.000%, 3/01/22 (ETM) (AMT) | No Opt. Call | A2 (7) | 2,038,740 | ||
San Mateo County Joint Powers Financing Authority, California, Lease Revenue Bonds, Cordilleras Mental Health Center, Series 2021A-1: | ||||||
2,270 | 3.000%, 6/15/46 (UB) (4) | 6/31 at 100.00 | AA+ | 2,407,834 | ||
5,040 | 2.500%, 6/15/55 (UB) (4) | 6/31 at 100.00 | AA+ | 4,750,654 | ||
5,350 | San Rafael Elementary School District, Marin County, California, General Obligation Bonds, Series 2005C, 0.000%, 8/01/30 – NPFG Insured | No Opt. Call | AA | 4,597,522 | ||
5,325 | Sunnyvale Financing Authority, California, Lease Revenue Bonds, Civic Center Project, Green Series 2020, 2.500%, 4/01/52 (UB) (4) | 4/30 at 100.00 | AA+ | 5,199,277 | ||
275 | Temecula Public Financing Authority, California, Special Tax Bonds, Community Facilities District 16-01, Series 2017, 6.250%, 9/01/47, 144A | 9/27 at 100.00 | N/R | 304,961 | ||
5,000 | Temecula Valley Unified School District, California, General Obligation Bonds, Series 2021D, 3.000%, 8/01/47 (UB) (4) | 8/29 at 100.00 | Aa1 | 5,304,200 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$ 5,250 | Tobacco Securitization Authority of Northern California, Tobacco Settlement Asset-Backed Bonds, Refunding Sacramento County Tobacco Securitization Corporation Series 2021A Class 1, 4.000%, 6/01/49 | 12/30 at 100.00 | BBB+ | $6,122,025 | ||
20,385 | University of California, General Revenue Bonds, Limited Project Series 2021Q, 3.000%, 5/15/51 (UB) (4) | 5/31 at 100.00 | AA- | 21,549,799 | ||
1,360 | University of California, General Revenue Bonds, Taxable Series 2021BI, 1.372%, 5/15/28 | No Opt. Call | AA | 1,339,097 | ||
3,500 | Upland, California, Certificates of Participation, San Antonio Regional Hospital, Series 2017, 5.000%, 1/01/47 | 1/28 at 100.00 | BBB | 4,112,955 | ||
5,000 | Victor Valley Union High School District, San Bernardino County, California, General Obligation Bonds, Series 2009A, 5.750%, 8/01/31 – AGC Insured | 8/26 at 100.00 | AA | 6,135,250 | ||
3,520 | West Contra Costa Unified School District, Contra Costa County, California, General Obligation Bonds, Series 2021A-1, 3.000%, 8/01/46 – AGM Insured (UB) (4) | 8/31 at 100.00 | AAA | 3,688,819 | ||
Westminster School District, Orange County, California, General Obligation Bonds, Series 2009-A1: | ||||||
2,485 | 0.000%, 8/01/26 – AGC Insured | No Opt. Call | AA | 2,381,102 | ||
1,405 | 0.000%, 8/01/28 – AGC Insured | No Opt. Call | AA | 1,290,127 | ||
2,920 | 0.000%, 8/01/29 – AGC Insured | No Opt. Call | AA | 2,614,451 | ||
William S Hart Union High School District, Los Angeles County, California, Special Tax Bonds, Community Facilities District 2015-1, Series 2017: | ||||||
1,425 | 5.000%, 9/01/42 | 9/26 at 100.00 | N/R | 1,616,876 | ||
1,205 | 5.000%, 9/01/47 | 9/26 at 100.00 | N/R | 1,359,300 | ||
7,505 | Wiseburn School District, Los Angeles County, California, General Obligation Bonds, Series 2007A, 0.000%, 8/01/30 – NPFG Insured | No Opt. Call | Aa2 | 6,489,123 | ||
11,250 | Yosemite Community College District, California, General Obligation Bonds, Capital Appreciation, Election 2004, Series 2010D, 0.000%, 8/01/42 (5) | No Opt. Call | Aa2 | 11,313,000 | ||
1,430,133 | Total California | 1,472,532,513 | ||||
Colorado – 5.1% | ||||||
2,500 | Arista Metropolitan District, Broomfield County, Colorado, General Obligation Limited Tax Bonds, Refunding & Improvement Convertible to Unlimited Tax Series 2018A, 5.125%, 12/01/48 | 12/23 at 103.00 | N/R | 2,676,700 | ||
880 | Aurora Crossroads Metropolitan District 2, Colorado, Limited Tax General Obligation Bonds, Series 2020A, 5.000%, 12/01/40 | 9/25 at 103.00 | N/R | 962,878 | ||
17,840 | Auroroa, Colorado, Water Revenue Bonds, Refunding First Lien Green Series 2016, 5.000%, 8/01/41 (Pre-refunded 8/01/26) | 8/26 at 100.00 | AA+ (7) | 21,614,766 | ||
Aviation Station North Metropolitan District 2, Denver County, Colorado, Limited Tax General Obligation Bonds, Refunding & Improvement Series 2019A: | ||||||
500 | 4.000%, 12/01/29 | 9/24 at 103.00 | N/R | 530,235 | ||
1,310 | 5.000%, 12/01/39 | 9/24 at 103.00 | N/R | 1,402,617 | ||
1,350 | 5.000%, 12/01/48 | 9/24 at 103.00 | N/R | 1,434,902 | ||
575 | Bella Mesa Metropolitan District, Castle Rock, Colorado, Limited Tax General Obligation Bonds, Convertible Capital Appreciation Series 2020A-3, 0.000%, 12/01/49, 144A | 6/25 at 99.64 | N/R | 478,814 | ||
500 | Broadway Station Metropolitan District 2, Denver City and County, Colorado, General Obligation Limited Tax Bonds, Convertible to Unlimited Series 2019A, 5.125%, 12/01/48 | 6/24 at 103.00 | N/R | 542,005 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
$ 750 | Broadway Station Metropolitan District 3, Denver City and County, Colorado, General Obligation Limited Tax Bonds, Convertible to Unlimited Series 2019A, 5.000%, 12/01/49 | 6/24 at 103.00 | N/R | $818,153 | ||
500 | Castle Pines Commercial Metropolitan District 1, Castle Rock, Colorado, Limited Tax Supported Revenue Bonds, Series 2015, 5.000%, 12/01/39 | 11/21 at 100.00 | N/R | 500,570 | ||
Centerra Metropolitan District 1, Loveland, Colorado, Special Revenue Bonds, Refunding & Improvement Series 2017: | ||||||
7,000 | 5.000%, 12/01/29, 144A | 12/22 at 103.00 | N/R | 7,402,010 | ||
9,000 | 5.000%, 12/01/47, 144A | 12/22 at 103.00 | N/R | 9,445,860 | ||
1,890 | Colliers Hill Metropolitan District 2, Erie, Weld County, Colorado, General Obligation Limited Tax Bonds, Series 2017A, 6.500%, 12/01/47 | 12/22 at 103.00 | N/R | 1,979,945 | ||
1,450 | Colorado Educational and Cultural Facilities Authority, Charter School Refunding Revenue Bonds, Pinnacle Charter School, Inc K-8 Facility Project, Series 2013, 5.000%, 6/01/26 | 6/23 at 100.00 | A+ | 1,549,514 | ||
2,065 | Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds, Community Leadership Academy Project, Series 2008, 6.500%, 7/01/38 | 11/21 at 100.00 | BB+ | 2,071,422 | ||
3,040 | Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds, Community Leadership Academy, Inc Second Campus Project, Series 2013, 7.350%, 8/01/43 | 8/23 at 100.00 | BB+ | 3,310,408 | ||
15,915 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, AdventHealth Obligated Group, Series 2021A, 3.000%, 11/15/51 (UB) (4) | 11/31 at 100.00 | AA | 16,792,871 | ||
6,570 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Adventist Health System/Sunbelt Obligated Group, Series 2018B, 5.000%, 11/15/48 (Mandatory Put 11/20/25) | No Opt. Call | AA | 7,776,318 | ||
1,400 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Christian Living Neighborhoods Project, Refunding Series 2016, 5.000%, 1/01/37 | 1/24 at 102.00 | N/R | 1,505,140 | ||
18,055 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-1, 4.000%, 8/01/44 | 8/29 at 100.00 | BBB+ | 20,480,870 | ||
4,775 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-2, 5.000%, 8/01/44 | 8/29 at 100.00 | BBB+ | 5,816,762 | ||
12,000 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Covenant Retirement Communities Inc, Refunding Series 2012A, 5.000%, 12/01/33 (Pre-refunded 12/01/22) | 12/22 at 100.00 | A- (7) | 12,667,440 | ||
725 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Evangelical Lutheran Good Samaritan Society Project, Series 2013, 5.625%, 6/01/43 (Pre-refunded 6/01/23) | 6/23 at 100.00 | N/R (7) | 789,569 | ||
6,155 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Evangelical Lutheran Good Samaritan Society Project, Series 2013A, 5.000%, 6/01/45 (Pre-refunded 6/01/25) | 6/25 at 100.00 | N/R (7) | 7,169,959 | ||
3,000 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Parkview Medical Center, Refunding Series 2015B, 4.000%, 9/01/34 | 9/25 at 100.00 | Baa1 | 3,271,260 | ||
1,750 | Colorado International Center Metropolitan District 14, Denver, Colorado, Limited Tax General Obligation Bonds, Refunding & Improvement Series 2018, 5.875%, 12/01/46 | 12/23 at 103.00 | N/R | 1,886,378 | ||
8,000 | Colorado State, Building Excellent Schools Today, Certificates of Participation, Series 2018N, 5.000%, 3/15/38 | 3/28 at 100.00 | Aa2 | 9,724,720 | ||
1,000 | Compark Business Campus Metropolitan District, Douglas County, Colorado, General Obligation Bonds, Series 2012A, 6.750%, 12/01/39 (Pre-refunded 12/01/22) | 12/22 at 100.00 | N/R (7) | 1,073,060 | ||
850 | Copper Ridge Metropolitan District, Colorado Springs, Colorado, Tax Increment and Sales Tax Supported Revenue Bonds, Series 2019, 4.000%, 12/01/29 | 12/24 at 103.00 | N/R | 885,071 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
$ 500 | Copperleaf Metropolitan District 4, Arapahoe County, Colorado, Limited Tax General Obligation Bonds, Convertible to Unlimited Tax Series 2020A, 5.000%, 12/01/39 | 3/25 at 103.00 | N/R | $544,865 | ||
5,000 | Denver City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2013A, 5.250%, 11/15/43 (AMT) | 11/23 at 100.00 | A+ | 5,477,100 | ||
Denver City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2018A: | ||||||
4,000 | 5.000%, 12/01/26 (AMT) | No Opt. Call | A+ | 4,828,360 | ||
10,510 | 5.000%, 12/01/34 (AMT) | 12/28 at 100.00 | A+ | 12,884,840 | ||
13,390 | 5.000%, 12/01/35 (AMT) | 12/28 at 100.00 | A+ | 16,389,494 | ||
19,500 | Denver City and County, Colorado, Dedicated Tax Revenue Bonds, Current Interest Series 2018A-1, 5.000%, 8/01/48 | 8/26 at 100.00 | AA- | 22,717,110 | ||
15,750 | Denver City and County, Colorado, Dedicated Tax Revenue Bonds, Series 2021A, 4.000%, 8/01/51 | 8/31 at 100.00 | AA- | 18,374,265 | ||
Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel, Refunding Senior Lien Series 2016: | ||||||
2,250 | 5.000%, 12/01/26 | No Opt. Call | Baa2 | 2,693,340 | ||
3,130 | 5.000%, 12/01/30 | 12/26 at 100.00 | Baa2 | 3,662,820 | ||
3,310 | 5.000%, 12/01/31 | 12/26 at 100.00 | Baa2 | 3,861,247 | ||
5,005 | 5.000%, 12/01/33 | 12/26 at 100.00 | Baa2 | 5,809,303 | ||
565 | 5.000%, 12/01/34 | 12/26 at 100.00 | Baa2 | 653,637 | ||
DIATC Metropolitan District, Commerce City, Adams County, Colorado, General Obligation Limited Tax Bonds, Refunding & Improvement Series 2019: | ||||||
505 | 5.000%, 12/01/39, 144A | 9/24 at 103.00 | N/R | 546,087 | ||
500 | 5.000%, 12/01/49, 144A | 9/24 at 103.00 | N/R | 537,445 | ||
11,555 | E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 1997B, 0.000%, 9/01/24 – NPFG Insured | No Opt. Call | A | 11,364,342 | ||
E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 2000B: | ||||||
20 | 0.000%, 9/01/29 – NPFG Insured | No Opt. Call | A | 17,747 | ||
395 | 0.000%, 9/01/30 – NPFG Insured | No Opt. Call | A | 340,494 | ||
20 | 0.000%, 9/01/32 – NPFG Insured | No Opt. Call | A | 16,337 | ||
25 | 0.000%, 9/01/33 – NPFG Insured | No Opt. Call | A | 19,869 | ||
9,890 | E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2004A, 0.000%, 9/01/27 – NPFG Insured | No Opt. Call | A | 9,225,886 | ||
1,160 | El Paso County School District 49 Falcon, Colorado, Certificates of Participation, Series 2015, 5.000%, 12/15/28 | 12/25 at 100.00 | Aa3 | 1,358,604 | ||
1,035 | Erie Farm Metropolitan District, Colorado, General Obligation Limited Tax Bonds, Series 2016A, 5.500%, 12/01/45 | 12/21 at 103.00 | N/R | 1,069,227 | ||
Foothills Metropolitan District, Fort Collins, Colorado, Special Revenue Bonds, Series 2014: | ||||||
1,957 | 5.250%, 12/01/24 | No Opt. Call | N/R | 2,069,273 | ||
1,365 | 6.000%, 12/01/38 | 12/24 at 100.00 | N/R | 1,409,130 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
Fossil Ridge Metropolitan District 3, Lakewood, Jefferson County, Colorado, General Obligation Limited Tax Bonds, Refunding & Improvement Series 2020: | ||||||
$ 1,000 | 2.250%, 12/01/38 – BAM Insured | 12/30 at 100.00 | AA | $988,540 | ||
750 | 2.375%, 12/01/39 – BAM Insured | 12/30 at 100.00 | AA | 750,555 | ||
Fourth Street Crossing Business Improvement District, Silverthorne, Summit County, Colorado, Special Revenue and Tax Supported Bonds, Senior Series 2019A: | ||||||
3,000 | 4.625%, 12/01/29, 144A | 6/24 at 103.00 | N/R | 3,224,970 | ||
3,160 | 5.125%, 12/01/38, 144A | 6/24 at 103.00 | N/R | 3,399,970 | ||
2,240 | 5.375%, 12/01/49, 144A | 6/24 at 103.00 | N/R | 2,409,680 | ||
Grand Junction, Colorado, General Fund Revenue Bonds, Improvement Series 2020B: | ||||||
3,300 | 4.000%, 3/01/45 | 3/30 at 100.00 | AA | 3,847,107 | ||
1,975 | 4.000%, 3/01/49 | 3/30 at 100.00 | AA | 2,293,646 | ||
845 | Green Valley Ranch East Metropolitan District 6, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2020A-3, 5.875%, 12/01/50 | 9/25 at 103.00 | N/R | 931,917 | ||
2,000 | Hess Ranch Metropolitan District 6, Parker, Colorado, Limited Tax General Obligation Bonds, Series 2020A-1, 5.000%, 12/01/49 | 3/25 at 103.00 | N/R | 2,173,540 | ||
4,000 | Independence Water & Sanitation District, Elbert County, Colorado, Special Revenue Bonds, Series 2019, 7.250%, 12/01/38 | 6/24 at 103.00 | N/R | 4,314,320 | ||
1,735 | Jefferson Center Metropolitan District 1, Arvada, Jefferson County, Colorado, Special Revenue Bonds, Subordinate Series 2020B, 5.750%, 12/15/50 | 12/23 at 103.00 | N/R | 1,860,267 | ||
9,265 | Johnstown Plaza Metropolitan District, Colorado, Special Revenue Bonds, Series 2016A, 5.375%, 12/01/46 | 12/21 at 103.00 | N/R | 9,569,355 | ||
Lakes at Centerra Metropolitan District 2, Loveland, Colorado, Limited Tax General Obligation Bonds, Refunding & Improvement Series 2018A: | ||||||
1,695 | 5.125%, 12/01/37 | 12/23 at 103.00 | N/R | 1,812,447 | ||
1,945 | 5.250%, 12/01/47 | 12/23 at 103.00 | N/R | 2,073,039 | ||
2,145 | Metropolitan State University of Denver, Colorado, Institutional Enterprise Revenue Bonds, Aerospace and Engineering Sciences Building Project, Series 2016, 5.000%, 12/01/45 | 12/25 at 100.00 | Aa2 | 2,473,614 | ||
1,470 | Mirabelle Metropolitan District 2, Douglas County, Colorado, Limited Tax General Obligation Bonds, Series 2020A, 5.000%, 12/01/49 | 3/25 at 103.00 | N/R | 1,583,852 | ||
Painted Prairie Public Improvement Authority, Aurora, Colorado, Special Revenue Bonds, Series 2019: | ||||||
4,950 | 5.000%, 12/01/39 | 12/24 at 103.00 | N/R | 5,409,607 | ||
15,845 | 5.000%, 12/01/49 | 12/24 at 103.00 | N/R | 17,179,783 | ||
620 | Park Creek Metropolitan District, Colorado, Senior Limited Property Tax Supported Revenue Bonds, Refunding Series 2015A, 5.000%, 12/01/45 | 12/25 at 100.00 | A | 702,218 | ||
3,500 | Park Creek Metropolitan District, Colorado, Senior Limited Property Tax Supported Revenue Bonds, Series 2019A, 4.000%, 12/01/46 – AGM Insured | 12/29 at 100.00 | AA | 4,073,755 | ||
830 | Parkdale Community Authority, Erie, Colorado, Limited Tax Supported Revenue Bonds, District 1, Series 2020A, 5.000%, 12/01/40 | 9/25 at 103.00 | N/R | 903,223 | ||
6,300 | Plaza Metropolitan District 1, Lakewood, Colorado, Tax Increment Revenue Bonds, Refunding Series 2013, 4.500%, 12/01/30, 144A | 12/22 at 100.00 | N/R | 6,442,758 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
$ 2,810 | Prairie Center Metropolitan District No 3, Brighton, Colorado, Special Revenue Bonds, Park and Recreation Improvements Series 2018, 5.125%, 12/15/42 | 12/23 at 103.00 | N/R | $3,002,682 | ||
4,250 | Prairie Center Metropolitan District No 3, In the City of Brighton, Adams County, Colorado, Limited Property Tax Supported Primary Improvements Revenue Bonds, Refunding Series 2017A, 5.000%, 12/15/41, 144A | 12/26 at 100.00 | N/R | 4,614,650 | ||
2,500 | Prairie Farm Metropolitan District, In the City of Commerce City, Adams County, Colorado, Limited Tax Convertible to Unlimited Tax, General Obligation Bonds, Series 2018A, 5.250%, 12/01/48 | 12/22 at 103.00 | N/R | 2,661,575 | ||
13,580 | Public Authority for Colorado Energy, Natural Gas Purchase Revenue Bonds, Colorado Springs Utilities, Series 2008, 6.500%, 11/15/38 | No Opt. Call | AA- | 20,708,142 | ||
2,170 | Public Authority for Colorado Energy, Natural Gas Purchase Revenue Bonds, Colorado Springs Utilities, Series 2008, 6.250%, 11/15/28 | No Opt. Call | AA- | 2,727,907 | ||
1,300 | Pueblo Urban Renewal Authority, Colorado, Tax Increment Revenue Bonds, EVRAZ Project, Series 2021A, 4.750%, 12/01/45, 144A | 12/30 at 100.00 | N/R | 1,473,004 | ||
1,175 | Raindance Metropolitan District 1, Acting by and through its Water Activity Enterprise In the Town of Windsor, Weld County, Colorado, Non-Potable Water Enterprise Revenue Bonds, Series 2020, 5.000%, 12/01/40 | 12/25 at 103.00 | N/R | 1,281,185 | ||
Rampart Range Metropolitan District 5, Lone Tree, Douglas County, Colorado, Limited Tax Supported and Special Revenue Bonds, Series 2021: | ||||||
1,000 | 4.000%, 12/01/41 (WI/DD, Settling 10/05/21) | 10/26 at 102.00 | N/R | 1,019,550 | ||
775 | 4.000%, 12/01/51 (WI/DD, Settling 10/05/21) | 10/26 at 102.00 | N/R | 784,192 | ||
Regional Transportation District, Colorado, Private Activity Bonds, Denver Transit Partners Eagle P3 Project, Series 2020A: | ||||||
1,750 | 4.000%, 7/15/35 | 1/31 at 100.00 | A- | 2,089,937 | ||
1,350 | 3.000%, 7/15/37 | 1/31 at 100.00 | A- | 1,428,719 | ||
1,000 | 4.000%, 7/15/39 | No Opt. Call | A- | 1,284,870 | ||
1,000 | 4.000%, 7/15/40 | No Opt. Call | A- | 1,290,900 | ||
500 | Settler's Crossing Metropolitan District 1, Lakewood, Colorado, Limited Tax General Obligation Bonds, Series 2020A, 5.000%, 12/01/40, 144A | 9/25 at 103.00 | N/R | 545,545 | ||
2,380 | South Sloans Lake Metropolitan District 2, Colorado, Limited Tax General Obligation Bonds, Refunding & Improvement Series 2019, 4.000%, 12/01/44 – AGM Insured | 12/29 at 100.00 | AA | 2,693,232 | ||
STC Metropolitan District 2, Superior, Boulder County, Colorado, Limited Tax General Obligation and Special Revenue Bonds, Refunding & improvement Series 2019A: | ||||||
555 | 4.000%, 12/01/29 | 12/24 at 103.00 | N/R | 601,026 | ||
500 | 5.000%, 12/01/38 | 12/24 at 103.00 | N/R | 546,905 | ||
575 | Sterling Hills West Metropolitan District, Arapahoe County, Colorado, General Obligation Bonds, Refunding & Improvement Series 2007, 5.000%, 12/01/39 | 12/27 at 100.00 | A3 | 679,006 | ||
1,310 | Thompson Crossing Metropolitan District 4, Johnstown, Larimer County, Colorado, General Obligation Bonds, Limited Tax Convertible to Unlimited Tax, Refunding & Improvement Series 2019, 5.000%, 12/01/49 | 9/24 at 103.00 | N/R | 1,407,726 | ||
Trails at Crowfoot Metropolitan District 3, Parker, Colorado, Limited Tax General Obligation Bonds, Series 2019A: | ||||||
1,860 | 4.375%, 12/01/30 | 9/24 at 103.00 | N/R | 1,988,693 | ||
2,070 | 5.000%, 12/01/39 | 9/24 at 103.00 | N/R | 2,232,267 | ||
3,640 | 5.000%, 12/01/49 | 9/24 at 103.00 | N/R | 3,898,840 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
$ 5,585 | Vauxmont Metropolitan District, Arvada, Colorado, Limited Tax General Obligation and Special Revenue Bonds, Convertible to Unlimited Tax Refunding Subordinate Series 2019, 3.250%, 12/15/50 – AGM Insured | 12/24 at 103.00 | AA | $6,017,335 | ||
Velocity Metropolitan District 3, In the City of Aurora, Colorado, Limited Tax General Obligation Bonds, Series 2019: | ||||||
500 | 5.125%, 12/01/34 | 12/23 at 103.00 | N/R | 539,985 | ||
2,000 | 5.375%, 12/01/39 | 12/23 at 103.00 | N/R | 2,161,680 | ||
5,000 | 5.500%, 12/01/48 | 12/23 at 103.00 | N/R | 5,393,200 | ||
3,500 | Westerly Metropolitan District 4, Weld County, Colorado, General Obligation Limited Tax Bonds, Series 2021A-1, 5.000%, 12/01/50 | 3/26 at 103.00 | N/R | 3,819,375 | ||
2,700 | Willow Springs Ranch Metropolitan District, Monument, El Paso County, Colorado, Limited Tax General Obligation Bonds, Convertible to Unlimited Tax Series 2019A, 5.000%, 12/01/49 | 12/24 at 103.00 | N/R | 2,900,475 | ||
3,000 | Windler Public Improvement Authority, Aurora, Colorado, Limited Tax Supported Revenue Bonds, Series 2021A-1, 4.125%, 12/01/51 | 9/26 at 103.00 | N/R | 2,981,640 | ||
385,587 | Total Colorado | 433,623,445 | ||||
Connecticut – 0.5% | ||||||
3,065 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Connecticut State University System, Series 2019Q-2, 5.000%, 11/01/30 | 11/29 at 100.00 | Aa3 | 3,945,820 | ||
860 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Healthcare Facility Expansion Church Home of Hartford Inc Project, Series 2016A, 5.000%, 9/01/53, 144A | 9/26 at 100.00 | BB | 949,913 | ||
4,500 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Nuvance Health Series 2019A, 3.000%, 7/01/39 – AGM Insured | 7/29 at 100.00 | AA | 4,733,325 | ||
11,000 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Trinity Health Credit Group, Series 2016CT, 5.000%, 12/01/45 | 6/26 at 100.00 | AA- | 12,990,010 | ||
4,000 | Connecticut State Health & Educational Facilities Authority, Revenue Bonds, Hartford HealthCare Obligated Group, Series 2021A, 4.000%, 7/01/51 (UB) (4) | 7/31 at 100.00 | N/R | 4,559,280 | ||
1,675 | Connecticut State, Special Tax Obligation Bonds, Transportation Infrastructure Purposes Series 2015A, 5.000%, 8/01/35 | 8/25 at 100.00 | AA- | 1,939,081 | ||
Connecticut State, Special Tax Obligation Bonds, Transportation Infrastructure Purposes, Series 2020A: | ||||||
2,500 | 4.000%, 5/01/36 | 5/30 at 100.00 | AA- | 2,970,475 | ||
2,550 | 4.000%, 5/01/39 | 5/30 at 100.00 | AA- | 2,999,284 | ||
6,500 | Harbor Point Infrastructure Improvement District, Connecticut, Special Obligation Revenue Bonds, Harbor Point Project, Refunding Series 2017, 5.000%, 4/01/39, 144A | 4/27 at 100.00 | N/R | 7,444,775 | ||
36,650 | Total Connecticut | 42,531,963 | ||||
Delaware – 0.2% | ||||||
1,000 | Delaware Economic Development Authority, Revenue Bonds, ASPIRA of Delaware Charter Operations, Inc Project, Series 2016A, 5.000%, 6/01/46 | 6/26 at 100.00 | BB | 1,094,040 | ||
Delaware Health Facilities Authority, Revenue Bonds, Beebe Medical Center Project, Series 2018: | ||||||
1,905 | 4.375%, 6/01/48 | 12/28 at 100.00 | BBB | 2,156,346 | ||
8,300 | 5.000%, 6/01/48 | 12/28 at 100.00 | BBB | 9,824,876 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Delaware (continued) | ||||||
$ 600 | Kent County, Delaware, Student Housing & Dining Facility Revenue Bonds, Collegiate Housing Foundation - Dover LLC Delaware State University Project, Series 2018A, 5.000%, 7/01/58 | 1/28 at 100.00 | BB- | $ 666,732 | ||
11,805 | Total Delaware | 13,741,994 | ||||
District of Columbia – 0.8% | ||||||
District of Columbia Water and Sewer Authority, Public Utility Revenue Bonds, Subordinate Lien Green Series 2019A: | ||||||
440 | 5.000%, 10/01/38 | 10/29 at 100.00 | AA+ | 561,224 | ||
1,100 | 5.000%, 10/01/39 | 10/29 at 100.00 | AA+ | 1,401,686 | ||
1,355 | District of Columbia Water and Sewer Authority, Public Utility Revenue Bonds, Subordinate Lien Series 2019B, 5.000%, 10/01/37 | 10/29 at 100.00 | AA+ | 1,729,834 | ||
Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail & Capital improvement Projects, Refunding & Subordinate Lien Series 2019B: | ||||||
480 | 4.000%, 10/01/35 | 10/29 at 100.00 | A- | 554,774 | ||
1,635 | 4.000%, 10/01/38 | 10/29 at 100.00 | A- | 1,873,923 | ||
8,100 | 4.000%, 10/01/49 (UB) (4) | 10/29 at 100.00 | A- | 9,097,839 | ||
10,000 | Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail & Capital Improvement Projects, Refunding Second Senior Lien Series 2014A, 5.000%, 10/01/53 | 4/22 at 100.00 | A- | 10,209,500 | ||
3,745 | Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail & Capital improvement Projects, Second Senior Lien Series 2009B, 0.000%, 10/01/31 – AGC Insured | No Opt. Call | AA | 3,080,674 | ||
Metropolitan Washington DC Airports Authority, Airport System Revenue Bonds, Refunding Series 2018A: | ||||||
8,470 | 5.000%, 10/01/33 (AMT) | 10/28 at 100.00 | Aa3 | 10,537,442 | ||
3,000 | 5.000%, 10/01/34 (AMT) | 10/28 at 100.00 | Aa3 | 3,722,070 | ||
3,000 | 5.000%, 10/01/35 (AMT) | 10/28 at 100.00 | Aa3 | 3,716,790 | ||
3,500 | Metropolitan Washington DC Airports Authority, Airport System Revenue Bonds, Refunding Series 2019A, 5.000%, 10/01/34 (AMT) | 10/29 at 100.00 | Aa3 | 4,411,155 | ||
6,500 | Metropolitan Washington DC Airports Authority, Airport System Revenue Bonds, Refunding Series 2021A, 4.000%, 10/01/51 (AMT) (UB) (4) | 10/31 at 100.00 | Aa3 | 7,517,315 | ||
Washington Convention and Sports Authority, Washington DC, Dedicated Tax Revenue Bonds, Refunding Senior Lien Series 2021B: | ||||||
765 | 4.000%, 10/01/33 | 10/30 at 100.00 | AA | 915,927 | ||
1,145 | 4.000%, 10/01/34 | 10/30 at 100.00 | AA | 1,367,176 | ||
1,175 | 4.000%, 10/01/35 | 10/30 at 100.00 | AA | 1,400,471 | ||
1,260 | 4.000%, 10/01/36 | 10/30 at 100.00 | AA | 1,497,409 | ||
1,120 | 4.000%, 10/01/37 | 10/30 at 100.00 | AA | 1,326,920 | ||
1,145 | 4.000%, 10/01/39 | 10/30 at 100.00 | AA | 1,348,501 | ||
57,935 | Total District of Columbia | 66,270,630 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida – 7.6% | ||||||
$ 24,445 | Alachua County Health Facilities Authority, Florida, Health Facilties Revenue Bonds, Shands Teaching Hospital & Clinics, Inc at the University of Florida Project, Series 2019A, 4.000%, 12/01/49 | 12/29 at 100.00 | A | $28,002,236 | ||
Atlantic Beach, Florida, Healthcare Facilities Revenue Refunding Bonds, Fleet Landing Project, Series 2013A: | ||||||
300 | 5.000%, 11/15/23 | No Opt. Call | BBB | 325,626 | ||
2,300 | 5.000%, 11/15/28 | 11/23 at 100.00 | BBB | 2,467,831 | ||
415 | Boynton Village Community Development District, Florida, Special Assessment Bonds, Series 2007-A1, 5.750%, 5/01/37 | 11/21 at 100.00 | N/R | 415,386 | ||
5,530 | Broward County, Florida, Airport System Revenue Bonds, Series 2019A, 4.000%, 10/01/49 (AMT) | 10/29 at 100.00 | A1 | 6,263,057 | ||
Broward County, Florida, Port Facilities Revenue Bonds, Series 2019A: | ||||||
4,345 | 5.000%, 9/01/44 | 9/29 at 100.00 | A1 | 5,377,589 | ||
9,735 | 5.000%, 9/01/49 | 9/29 at 100.00 | A1 | 11,978,528 | ||
Broward County, Florida, Port Facilities Revenue Bonds, Series 2019B: | ||||||
2,250 | 4.000%, 9/01/37 (AMT) (UB) (4) | 9/29 at 100.00 | A1 | 2,584,980 | ||
9,870 | 4.000%, 9/01/39 (AMT) (UB) (4) | 9/29 at 100.00 | A1 | 11,287,135 | ||
Capital Trust Agency, Florida, Educational Facilities Lease Revenue Bonds, Franklin Academy Projects, Series 2020: | ||||||
1,085 | 5.000%, 12/15/35, 144A | 7/26 at 100.00 | N/R | 1,181,934 | ||
245 | 5.000%, 12/15/40, 144A | 7/26 at 100.00 | N/R | 264,958 | ||
8,450 | 5.000%, 12/15/50, 144A | 7/26 at 100.00 | N/R | 9,049,105 | ||
2,845 | 5.000%, 12/15/55, 144A | 7/26 at 100.00 | N/R | 3,040,252 | ||
Capital Trust Agency, Florida, Multifamily Housing Revenue Bonds, The Gardens Apartments Project, Series 2015A: | ||||||
1,500 | 4.750%, 7/01/40 | 7/25 at 100.00 | CCC+ | 1,336,380 | ||
1,380 | 5.000%, 7/01/50 | 7/25 at 100.00 | CCC+ | 1,223,784 | ||
15,660 | Capital Trust Agency, Florida, Revenue Bonds, Provision CARES Proton Therapy Center, Orlando Project, Series 2018, 7.500%, 6/01/48, 144A (8), (9) | 6/28 at 100.00 | N/R | 8,574,007 | ||
Capital Trust Agency, Florida, Revenue Bonds, Renaissance Charter School Project, Series 2019A: | ||||||
500 | 4.000%, 6/15/29, 144A | 6/26 at 100.00 | N/R | 532,800 | ||
565 | 5.000%, 6/15/39, 144A | 6/26 at 100.00 | N/R | 616,466 | ||
610 | 5.000%, 6/15/49, 144A | 6/26 at 100.00 | N/R | 658,556 | ||
7,060 | Central Florida Expressway Authority, Revenue Bonds, Refunding Senior Lien Series 2016B, 4.000%, 7/01/39 | 7/26 at 100.00 | A+ | 7,859,404 | ||
Central Florida Expressway Authority, Revenue Bonds, Refunding Senior Lien Series 2021: | ||||||
2,090 | 4.000%, 7/01/34 – AGM Insured | 7/31 at 100.00 | AA | 2,556,363 | ||
375 | 4.000%, 7/01/37 – AGM Insured | 7/31 at 100.00 | AA | 454,054 | ||
1,000 | 4.000%, 7/01/38 – AGM Insured | 7/31 at 100.00 | AA | 1,206,530 | ||
1,015 | 4.000%, 7/01/39 – AGM Insured | 7/31 at 100.00 | AA | 1,221,157 | ||
6,130 | Charlotte County Industrial Development Authority, Florida, Utility System Revenue Bonds, Town & Country Utilities Project, Series 2019, 5.000%, 10/01/49, 144A (AMT) | 10/27 at 100.00 | N/R | 6,729,575 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
$ 1,125 | Cityplace Community Development District, Florida, Special Assessement and Revenue Bonds, Refunding Series 2012, 5.000%, 5/01/26 | No Opt. Call | A | $1,263,240 | ||
1,000 | Coco Palms Community Development District, Miami-Dade County, Florida, Special Assessment Bonds, Series 2016, 5.000%, 5/01/46 | 5/27 at 100.00 | N/R | 1,092,320 | ||
10,000 | County of Miami-Dade FL Water & Sewer System Revenue, Florida, Revenue Bonds, 4.000%, 10/01/51 (UB) (4) | 10/31 at 100.00 | A+ | 11,594,200 | ||
Escambia County Health Facilities Authority, Florida, Health Care Facilities Revenue Bonds, Baptist Health Care Corporation Obligated, Series 2020A: | ||||||
3,145 | 4.000%, 8/15/45 | 2/30 at 100.00 | BBB+ | 3,551,994 | ||
2,235 | 4.000%, 8/15/45 – AGM Insured (UB) (4) | 2/30 at 100.00 | AA | 2,583,124 | ||
17,750 | 4.000%, 8/15/50 | 2/30 at 100.00 | BBB+ | 19,813,792 | ||
2,885 | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Bay Area Charter Foundation, LLC Projects, Series 2011A, 7.750%, 6/15/42 (Pre-refunded 12/15/21) | 12/21 at 100.00 | N/R (7) | 2,957,096 | ||
2,000 | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Downtown Doral Charter Upper School Project, Series 2017C, 5.750%, 7/01/47, 144A | 7/27 at 101.00 | N/R | 2,247,380 | ||
Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Mater Academy Projects, Series 2020A: | ||||||
1,070 | 5.000%, 6/15/50, 144A | 6/27 at 100.00 | BBB | 1,217,671 | ||
1,700 | 5.000%, 6/15/55, 144A | 6/27 at 100.00 | BBB | 1,928,871 | ||
1,570 | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Renaissance Charter School Income Projects, Series 2015A, 6.125%, 6/15/46, 144A | 6/25 at 100.00 | N/R | 1,756,328 | ||
Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Renaissance Charter School, Inc Projects, Series 2012A: | ||||||
225 | 5.500%, 6/15/22, 144A | No Opt. Call | N/R | 228,220 | ||
500 | 6.000%, 6/15/32, 144A | 6/22 at 100.00 | N/R | 512,170 | ||
1,100 | 6.125%, 6/15/43, 144A | 6/22 at 100.00 | N/R | 1,123,705 | ||
2,000 | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Renaissance Charter School, Inc Projects, Series 2013A, 8.500%, 6/15/44 (Pre-refunded 6/15/23) | 6/23 at 100.00 | N/R (7) | 2,271,880 | ||
1,500 | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Renaissance Charter School, Inc Projects, Series 2014A, 6.125%, 6/15/44 | 6/24 at 100.00 | N/R | 1,620,090 | ||
315 | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Renaissance Charter School, Inc Projects, Series 2020C, 5.000%, 9/15/50, 144A | 9/27 at 100.00 | N/R | 347,272 | ||
83,000 | Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Brightline Passenger Rail Project, Green Series 2019B, 7.375%, 1/01/49, 144A (AMT) | 1/24 at 107.00 | N/R | 90,376,161 | ||
Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Virgin Trains USA Passenger Rail Project, Series 2019A: | ||||||
37,800 | 6.375%, 1/01/49 (AMT) (Mandatory Put 1/01/26), 144A | 11/21 at 104.00 | N/R | 38,619,504 | ||
2,000 | 6.500%, 1/01/49 (AMT) (Mandatory Put 1/01/29), 144A | 11/21 at 104.00 | N/R | 2,038,820 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
Florida Higher Educational Facilities Financing Authority, Revenue Bonds, Jacksonville University Project, Series 2018A-1: | ||||||
$ 450 | 4.500%, 6/01/33, 144A | 6/28 at 100.00 | N/R | $528,156 | ||
1,450 | 4.750%, 6/01/38, 144A | 6/28 at 100.00 | N/R | 1,703,315 | ||
6,800 | Florida Higher Educational Facilities Financing Authority, Revenue Bonds, Nova Southeastern University Project, Refunding Series 2012A, 5.000%, 4/01/27 (Pre-refunded 4/01/22) | 4/22 at 100.00 | A- (7) | 6,961,296 | ||
11,185 | Florida Higher Educational Facilities Financing Authority, Revenue Bonds, Rollins College Project, Refunding Series 2020A, 3.000%, 12/01/48 (UB) (4) | 12/30 at 100.00 | A2 | 11,676,916 | ||
Florida Higher Educational Facilities Financing Authority, Revenue Bonds, Rollins College Project, Series 2012A: | ||||||
1,210 | 5.000%, 12/01/30 (Pre-refunded 12/01/22) | 12/22 at 100.00 | A2 (7) | 1,277,300 | ||
1,000 | 5.000%, 12/01/31 (Pre-refunded 12/01/22) | 12/22 at 100.00 | A2 (7) | 1,055,620 | ||
3,000 | 5.000%, 12/01/37 (Pre-refunded 12/01/22) | 12/22 at 100.00 | A2 (7) | 3,166,860 | ||
840 | Grand Bay at Doral Community Development District, Miami-Dade County, Florida, Special Assessment Bonds, South Parcel Assessment Area Project, Series 2016, 5.000%, 5/01/46 | 5/26 at 100.00 | N/R | 891,358 | ||
3,130 | Hillsborough County Aviation Authority, Florida, Revenue Bonds, Tampa International Airport, Senior Lien Series 2015A, 5.000%, 10/01/44 (AMT) | 10/24 at 100.00 | Aa3 | 3,514,865 | ||
Hillsborough County Industrial Development Authority, Florida, Hospital Revenue Bonds, Florida Health Sciences Center Inc D/B/A Tampa General Hospital, Series 2020A: | ||||||
2,000 | 4.000%, 8/01/45 | 2/31 at 100.00 | A | 2,314,620 | ||
4,985 | 4.000%, 8/01/50 | 2/31 at 100.00 | A | 5,722,431 | ||
10,000 | 3.500%, 8/01/55 (UB) (4) | 2/31 at 100.00 | A | 10,738,300 | ||
16,780 | 4.000%, 8/01/55 | 2/31 at 100.00 | A | 19,111,916 | ||
6,500 | Jacksonville, Florida, Health Care Facilities Revenue Bonds, Brooks Rehabilitation, Series 2020, 4.000%, 11/01/45 | 11/29 at 100.00 | A | 7,355,725 | ||
Jacksonville, Florida, Special Revenue Bonds, Refunding Series 2017A: | ||||||
6,285 | 5.250%, 10/01/42 | 10/27 at 100.00 | AA | 7,789,943 | ||
3,930 | 5.250%, 10/01/47 | 10/27 at 100.00 | AA | 4,849,895 | ||
JEA, Florida, Water and Sewer System Revenue Bonds, Series 2021A: | ||||||
2,510 | 4.000%, 10/01/38 | 10/31 at 100.00 | AA+ | 3,058,686 | ||
870 | 4.000%, 10/01/39 | 10/31 at 100.00 | AA+ | 1,057,102 | ||
4,285 | 3.000%, 10/01/40 | 10/31 at 100.00 | AA+ | 4,653,167 | ||
2,885 | 3.000%, 10/01/41 | 10/31 at 100.00 | AA+ | 3,123,128 | ||
555 | Lee County Industrial Development Authority, Florida, Charter School Revenue Bonds, Lee County Community Charter Schools, Series 2007A, 5.250%, 6/15/27 | 11/21 at 100.00 | BB- | 556,060 | ||
Lee County Industrial Development Authority, Florida, Charter School Revenue Bonds, Lee County Community Charter Schools, Series 2012A: | ||||||
875 | 5.500%, 6/15/32 | 6/22 at 100.00 | BB- | 890,365 | ||
1,375 | 5.750%, 6/15/42 | 6/22 at 100.00 | BB- | 1,396,986 | ||
6,875 | Martin County Health Facilities Authority, Florida, Hospital Revenue Bonds, Martin Memorial Medical Center, Series 2015, 5.000%, 11/15/45 (Pre-refunded 11/15/24) | 11/24 at 100.00 | N/R (7) | 7,864,175 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
Miami Beach Health Facilities Authority, Florida, Hospital Revenue Bonds, Mount Sinai Medical Center of Florida Project, Series 2021B: | ||||||
$ 3,850 | 4.000%, 11/15/46 | 11/31 at 100.00 | A- | $4,408,481 | ||
14,225 | 3.000%, 11/15/51 | 11/31 at 100.00 | A- | 14,508,077 | ||
5,210 | 4.000%, 11/15/51 | 11/31 at 100.00 | A- | 5,928,042 | ||
6,340 | Miami Beach Redevelopment Agency, Florida, Tax Increment Revenue Bonds, City Center/Historic Convention Village, Series 2015A, 5.000%, 2/01/44 – AGM Insured | 2/24 at 100.00 | AA | 6,944,012 | ||
7,405 | Miami Beach, Florida, Stormwater Revenue Bonds, Refunding Series 2017, 5.000%, 9/01/47 | 9/22 at 100.00 | AA- | 7,688,315 | ||
860 | Miami-Dade County Health Facility Authority, Florida, Hospital Revenue Bonds, Nicklaus Children's Hospital, Refunding Series 2017, 5.000%, 8/01/36 | 8/27 at 100.00 | A+ | 1,030,538 | ||
12,195 | Miami-Dade County, Florida, Aviation Revenue Bonds, Refunding Series 2015A, 5.000%, 10/01/38 (AMT) | 10/25 at 100.00 | A | 14,083,152 | ||
Miami-Dade County, Florida, Aviation Revenue Bonds, Refunding Series 2020A: | ||||||
2,250 | 4.000%, 10/01/38 | 10/30 at 100.00 | A | 2,646,720 | ||
1,750 | 4.000%, 10/01/40 | 10/30 at 100.00 | A | 2,048,515 | ||
Miami-Dade County, Florida, General Obligation Bonds, Public Health Trust Program Series 2018A: | ||||||
6,990 | 5.000%, 7/01/46 | 7/29 at 100.00 | AA | 8,697,937 | ||
7,575 | 5.000%, 7/01/47 | 7/29 at 100.00 | AA | 9,417,694 | ||
6,000 | Miami-Dade County, Florida, Seaport Revenue Bonds, Refunding Series 2021A-1, 4.000%, 10/01/45 – AGM Insured (AMT) (UB) (4) | 10/31 at 100.00 | N/R | 6,928,680 | ||
Miami-Dade County, Florida, Seaport Revenue Bonds, Refunding Subordinate Series 2021B-1: | ||||||
4,000 | 4.000%, 10/01/46 (AMT) (UB) (4) | 10/31 at 100.00 | N/R | 4,608,680 | ||
5,375 | 4.000%, 10/01/50 (AMT) (UB) (4) | 10/31 at 100.00 | N/R | 6,169,210 | ||
22,160 | Miami-Dade County, Florida, Water and Sewer System Revenue Bonds, Series 2013A, 5.000%, 10/01/42 (Pre-refunded 10/01/22) | 10/22 at 100.00 | AA- (7) | 23,231,214 | ||
Miami-Dade County, Florida, Water and Sewer System Revenue Bonds, Series 2021: | ||||||
13,500 | 3.000%, 10/01/51 | 4/31 at 100.00 | AA- | 14,369,535 | ||
7,750 | 3.000%, 10/01/51 (UB) (4) | 4/31 at 100.00 | AA- | 8,249,177 | ||
7,500 | Orange County Health Facilities Authority, Florida, Hospital Revenue Bonds, Orlando Health, Inc, Series 2019A, 5.000%, 10/01/47 | 4/29 at 100.00 | A+ | 9,145,200 | ||
325 | Osceola County, Florida, Transportation Revenue Bonds, Osceola Parkway, Refunding & Improvement Series 2019A-1, 5.000%, 10/01/49 | 10/29 at 100.00 | BBB+ | 400,215 | ||
Pinellas County Industrial Development Authority, Florida, Industrial Development Revenue Bonds, Drs Kiran & Pallavi Patel 2017 Foundation for Global Understanding, Inc, Project, Series 2019: | ||||||
560 | 5.000%, 7/01/29 | No Opt. Call | N/R | 626,534 | ||
180 | 5.000%, 7/01/39 | 7/29 at 100.00 | N/R | 204,964 | ||
5,095 | Putnam County Development Authority, Florida, Pollution Control Revenue Bonds, Seminole Electric Cooperatice, Inc Project, Refunding Series 2018B, 5.000%, 3/15/42 | 5/28 at 100.00 | A- | 6,063,967 | ||
1,002 | Riverbend West Community Development District, Hilsborough County, Florida, Special Assessment Bonds, Series 2016, 5.000%, 5/01/46 | 5/27 at 100.00 | N/R | 1,088,593 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
Seminole County Industrial Development Authority, Florida, Retirement Facility Revenue Bonds, Legacy Pointe At UCF Project, Series 2019A: | ||||||
$ 5,000 | 5.250%, 11/15/39 | 11/26 at 103.00 | N/R | $5,524,350 | ||
1,015 | 5.500%, 11/15/49 | 11/26 at 103.00 | N/R | 1,123,097 | ||
South Miami Health Facilities Authority, Florida, Hospital Revenue Bonds, Baptist Health Systems of South Florida Obligated Group, Series 2017: | ||||||
5,000 | 5.000%, 8/15/31 | 8/27 at 100.00 | AA- | 6,134,250 | ||
3,655 | 5.000%, 8/15/47 | 8/27 at 100.00 | AA- | 4,427,411 | ||
500 | Sumter County Industrial Development Authority, Florida, Hospital Revenue Bonds, Central Florida Health Alliance Projects, Series 2014A, 5.000%, 7/01/29 | 1/24 at 100.00 | A- | 546,380 | ||
Tampa, Florida, Capital Improvement Cigarette Tax Allocation Bonds, H Lee Moffitt Cancer Center Project, Series 2020A: | ||||||
13,442 | 0.000%, 9/01/45 | 9/30 at 54.56 | A+ | 5,775,086 | ||
29,185 | 0.000%, 9/01/49 | 9/30 at 46.08 | A+ | 10,503,098 | ||
18,422 | 0.000%, 9/01/53 | 9/30 at 38.62 | A+ | 5,517,573 | ||
35 | Tampa, Florida, Health System Revenue Bonds, Baycare Health System, Series 2012A, 5.000%, 11/15/33 | 5/22 at 100.00 | Aa2 | 35,968 | ||
Tampa, Florida, Revenue Bonds, H Lee Moffitt Cancer Center and Research Institute, Series 2020B: | ||||||
440 | 4.000%, 7/01/38 | 7/30 at 100.00 | A2 | 511,729 | ||
445 | 4.000%, 7/01/45 | 7/30 at 100.00 | A2 | 506,450 | ||
12,685 | Tampa-Hillsborough County Expressway Authority, Florida, Revenue Bonds, Refunding Series 2017B, 4.000%, 7/01/42 | 7/28 at 100.00 | A+ | 14,390,118 | ||
210 | Tolomato Community Development District, Florida, Special Assessment Bonds, Convertible, Capital Appreciation, Series 2012A-4, 0.000%, 5/01/40 (5) | 5/22 at 100.00 | N/R | 187,110 | ||
170 | Tolomato Community Development District, Florida, Special Assessment Bonds, Hope Note, Series 2007-3, 6.650%, 5/01/40 (8) | 11/21 at 100.00 | N/R | 2 | ||
475 | Tolomato Community Development District, Florida, Special Assessment Bonds, Hope Note, Series 2007A-2, 5.250%, 5/01/39 (8) | 11/21 at 100.00 | N/R | 5 | ||
435 | Tolomato Community Development District, Florida, Special Assessment Bonds, Refunding Series 2015-1, 0.000%, 5/01/40 (5) | 11/21 at 100.00 | N/R | 434,004 | ||
270 | Tolomato Community Development District, Florida, Special Assessment Bonds, Refunding Series 2015-2, 0.000%, 5/01/40 (5) | 11/21 at 100.00 | N/R | 208,918 | ||
290 | Tolomato Community Development District, Florida, Special Assessment Bonds, Refunding Series 2015-3, 6.610%, 5/01/40 (8) | 11/21 at 100.00 | N/R | 3 | ||
250 | Venetian Community Development District, Sarasota County, Florida, Capital Improvement Revenue Bonds, Series 2012-A1, 6.125%, 5/01/42 | 5/22 at 100.00 | N/R | 254,720 | ||
1,490 | Venetian Community Development District, Sarasota County, Florida, Capital Improvement Revenue Bonds, Series 2012-A2, 5.500%, 5/01/34 | 5/22 at 100.00 | N/R | 1,512,812 | ||
Volusia County Educational Facilities Authority, Florida, Revenue Bonds, Embry-Riddle Aeronautical University, Refunding Series 2017: | ||||||
2,380 | 5.000%, 10/15/42 | 10/27 at 100.00 | A+ | 2,831,605 | ||
3,000 | 5.000%, 10/15/47 | 10/27 at 100.00 | A+ | 3,546,120 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
$ 13,000 | Volusia County Educational Facilities Authority, Florida, Revenue Bonds, Stetson University Inc Project, Series 2015, 5.000%, 6/01/40 | 6/25 at 100.00 | A- | $14,775,280 | ||
Wynnmere East Community Development District, Hillsborough County, Florida, Special Assessment Revenue Bonds, Series 2016: | ||||||
470 | 5.125%, 5/01/36 | 5/28 at 100.00 | N/R | 519,820 | ||
930 | 5.500%, 5/01/46 | 5/28 at 100.00 | N/R | 1,040,410 | ||
637,686 | Total Florida | 652,403,487 | ||||
Georgia – 0.8% | ||||||
Atlanta Development Authority, Georgia, Senior Health Care Facilities Revenue Bonds, Georgia Proton Treatment Center Project, Current Interest Series 2017A-1: | ||||||
2,500 | 6.750%, 1/01/35 | 1/28 at 100.00 | N/R | 1,887,700 | ||
1,000 | 7.000%, 1/01/40 | 1/28 at 100.00 | N/R | 752,910 | ||
2,000 | Atlanta, Georgia, Airport Passenger Facilities Charge and General Revenue Bonds, Subordinate Lien Series 2019D, 4.000%, 7/01/40 (AMT) | 7/29 at 100.00 | Aa3 | 2,287,840 | ||
5,000 | Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, Northeast Georgia Health Services Inc, Series 2021A, 4.000%, 2/15/51 | 2/31 at 100.00 | A | 5,683,900 | ||
16,925 | Geo L Smith II Georgia World Congress Center Authority, Georgia, Convention Center Hotel Revenue Bonds, First Tier Series 2021A, 4.000%, 1/01/54 | 1/31 at 100.00 | BBB- | 19,212,921 | ||
Georgia Municipal Electric Authority, Plant Vogtle Units 3 & 4 Project M Bonds, Series 2019A: | ||||||
1,250 | 5.000%, 1/01/35 | 7/28 at 100.00 | A | 1,529,225 | ||
700 | 5.000%, 1/01/36 | 7/28 at 100.00 | A | 854,588 | ||
770 | Georgia Municipal Electric Authority, Senior Lien General Power Revenue Bonds, Series 1993BB, 5.250%, 1/01/25 – NPFG Insured | No Opt. Call | A1 | 835,781 | ||
10,000 | Georgia State Road and Tollway Authority, Guaranteed Revenue Bonds, Series 2021A, 3.000%, 7/15/49 (UB) (4) | 7/31 at 100.00 | AAA | 10,742,900 | ||
Main Street Natural Gas Inc, Georgia, Gas Project Revenue Bonds, Series 2007A: | ||||||
960 | 5.000%, 3/15/22 | No Opt. Call | A+ | 979,373 | ||
1,000 | 5.500%, 9/15/28 | No Opt. Call | A+ | 1,265,300 | ||
5,000 | Municipal Electric Authority of Georgia, Project One Revenue Bonds, Subordinate Lien Series 2016A, 5.000%, 1/01/28 | 7/26 at 100.00 | A2 | 5,938,600 | ||
Private Colleges and Universities Authority, Georgia, Revenue Bonds, Emory University, Series 2020B: | ||||||
1,000 | 4.000%, 9/01/38 | 9/30 at 100.00 | AA | 1,197,470 | ||
2,000 | 4.000%, 9/01/39 | 9/30 at 100.00 | AA | 2,388,640 | ||
2,000 | 4.000%, 9/01/40 | 9/30 at 100.00 | AA | 2,383,320 | ||
13,120 | Private Colleges and Universities Authority, Georgia, Revenue Bonds, Savannah College of Art & Design Projects, Series 2014, 5.000%, 4/01/44 | 4/24 at 100.00 | A+ | 14,166,320 | ||
65,225 | Total Georgia | 72,106,788 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Guam – 0.1% | ||||||
Government of Guam, Business Privilege Tax Bonds, Refunding Series 2021F Forward Delivery: | ||||||
$ 885 | 5.000%, 1/01/30 (WI/DD, Settling 10/07/21) | No Opt. Call | Ba1 | $1,108,259 | ||
885 | 5.000%, 1/01/31 (WI/DD, Settling 10/07/21) | No Opt. Call | Ba1 | 1,130,269 | ||
2,065 | 4.000%, 1/01/36 (WI/DD, Settling 10/07/21) | 1/31 at 100.00 | Ba1 | 2,387,367 | ||
2,020 | 4.000%, 1/01/42 (WI/DD, Settling 10/07/21) | 1/31 at 100.00 | Ba1 | 2,261,612 | ||
1,020 | Government of Guam, Business Privilege Tax Bonds, Series 2011A, 5.000%, 1/01/31 (Pre-refunded 1/01/22) | 1/22 at 100.00 | BB (7) | 1,031,567 | ||
Guam AB Won Pat International Airport Authority, Revenue Bonds, Series 2013C: | ||||||
835 | 6.375%, 10/01/43 (Pre-refunded 10/01/23) (AMT) | 10/23 at 100.00 | Baa2 (7) | 933,338 | ||
775 | 6.375%, 10/01/43 (AMT) | 10/23 at 100.00 | Baa2 | 842,526 | ||
1,475 | Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2020A, 5.000%, 1/01/50 | 7/30 at 100.00 | A- | 1,781,741 | ||
9,960 | Total Guam | 11,476,679 | ||||
Hawaii – 0.1% | ||||||
1,500 | Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Hawaii Pacific Health Obligated Group, Series 2013A, 5.500%, 7/01/43 | 7/23 at 100.00 | AA- | 1,622,160 | ||
1,000 | Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Hawaii Pacific University, Series 2013A, 6.875%, 7/01/43 | 7/23 at 100.00 | BB | 1,076,010 | ||
4,545 | Hawaii State, Airport System Revenue Bonds, Series 2015A, 5.000%, 7/01/45 (AMT) | 7/25 at 100.00 | A+ | 5,212,206 | ||
7,045 | Total Hawaii | 7,910,376 | ||||
Idaho – 0.2% | ||||||
Idaho Health Facilities Authority, Revenue Bonds, Madison Memorial Hospital Project, Refunding Series 2016: | ||||||
2,300 | 3.500%, 9/01/33 | 9/26 at 100.00 | BB+ | 2,387,423 | ||
205 | 5.000%, 9/01/37 | 9/26 at 100.00 | BB+ | 233,011 | ||
Idaho Health Facilities Authority, Revenue Bonds, Saint Luke's Health System Project, Series 2018A: | ||||||
2,435 | 5.000%, 3/01/36 | 9/28 at 100.00 | A- | 2,990,740 | ||
2,250 | 5.000%, 3/01/37 | 9/28 at 100.00 | A- | 2,756,903 | ||
Idaho Housing and Finance Association, Grant and Revenue Anticipation Bonds, Federal Highway Trust Funds, Series 2021A: | ||||||
1,290 | 4.000%, 7/15/38 | 7/31 at 100.00 | A+ | 1,539,447 | ||
1,000 | 4.000%, 7/15/39 | 7/31 at 100.00 | A+ | 1,189,980 | ||
2,000 | Idaho Housing and Finance Association, Nonprofit Facilities Revenue Bonds, Idaho Arts Charter School, Inc Project, Refunding Series 2016A, 5.000%, 12/01/38 | 12/26 at 100.00 | BBB- | 2,278,800 | ||
11,480 | Total Idaho | 13,376,304 | ||||
Illinois – 7.4% | ||||||
1,330 | Adams County School District 172, Quincy, Illinois, General Obligation Bonds, School Series 2017, 5.000%, 2/01/36 – AGM Insured | 2/27 at 100.00 | AA | 1,577,207 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
Bensenville, Illinois, General Obligation Bonds, Series 2011A: | ||||||
$ 1,295 | 5.000%, 12/15/30 – AGM Insured (Pre-refunded 12/15/21) | 12/21 at 100.00 | AA (7) | $1,307,238 | ||
705 | 5.000%, 12/15/30 – AGM Insured (Pre-refunded 12/15/21) | 12/21 at 100.00 | AA (7) | 711,803 | ||
1,275 | Champaign, Illinois, General Obligation Sales Tax Bonds, Public Safety Series 1999, 8.250%, 1/01/22 – FGIC Insured | No Opt. Call | Baa2 | 1,298,320 | ||
67,800 | Chicago Board of Education, Illinois, Dedicated Capital Improvement Tax Revenue Bonds, Series 2016, 6.000%, 4/01/46 | 4/27 at 100.00 | A- | 82,421,748 | ||
625 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues Series 2012A, 5.000%, 12/01/42 | 12/22 at 100.00 | BB | 649,200 | ||
1,215 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Project Series 2015C, 5.250%, 12/01/39 | 12/24 at 100.00 | BB | 1,346,220 | ||
Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2012B: | ||||||
4,540 | 5.000%, 12/01/34 | 12/22 at 100.00 | BB | 4,730,090 | ||
3,000 | 4.000%, 12/01/35 | 12/22 at 100.00 | BB | 3,081,180 | ||
2,000 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2017G, 5.000%, 12/01/34 | 12/27 at 100.00 | BB | 2,390,920 | ||
35,090 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series 2016A, 7.000%, 12/01/44 | 12/25 at 100.00 | BB | 42,392,580 | ||
Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series 2021A: | ||||||
4,000 | 5.000%, 12/01/35 | 12/30 at 100.00 | BB | 5,008,680 | ||
2,000 | 5.000%, 12/01/41 | 12/30 at 100.00 | BB | 2,466,040 | ||
3,475 | Chicago Greater Metropolitan Water Reclamation District, Illinois, General Obligation Bonds, Refunding Series 2007B, 5.250%, 12/01/35 | No Opt. Call | AAA | 5,017,691 | ||
Chicago Transit Authority, Illinois, Sales Tax Receipts Revenue Bonds, Second Lien Series 2020A: | ||||||
1,250 | 5.000%, 12/01/45 (UB) (4) | 12/29 at 100.00 | A+ | 1,535,112 | ||
2,220 | 4.000%, 12/01/50 (UB) (4) | 12/29 at 100.00 | A+ | 2,530,489 | ||
1,815 | 5.000%, 12/01/55 (UB) (4) | 12/29 at 100.00 | A+ | 2,198,183 | ||
2,100 | Chicago Transit Authority, Illinois, Sales Tax Receipts Revenue Bonds, Series 2011, 5.250%, 12/01/40 (Pre-refunded 12/01/21) | 12/21 at 100.00 | AA (7) | 2,117,115 | ||
Chicago Transit Authority, Illinois, Sales Tax Receipts Revenue Bonds, Series 2014: | ||||||
5,000 | 5.250%, 12/01/49 | 12/24 at 100.00 | AA | 5,718,600 | ||
12,500 | 5.250%, 12/01/49 (UB) (4) | 12/24 at 100.00 | AA | 14,296,500 | ||
1,270 | Chicago, Illinois, Certificates of Participation Tax Increment Bonds, River Point Plaza Redevelopment Project, Series 2018, 4.835%, 4/15/28, 144A | 1/23 at 100.00 | N/R | 1,308,151 | ||
7,000 | Chicago, Illinois, General Airport Revenue Bonds, O'Hare International Airport, Refunding Senior Lien Series 2012B, 5.000%, 1/01/31 (Pre-refunded 1/01/22) (AMT) | 1/22 at 100.00 | A (7) | 7,081,060 | ||
Chicago, Illinois, General Airport Revenue Bonds, O'Hare International Airport, Refunding Senior Lien Series 2020A: | ||||||
2,390 | 4.000%, 1/01/35 | 1/30 at 100.00 | A | 2,816,448 | ||
5,000 | 4.000%, 1/01/36 | 1/30 at 100.00 | A | 5,864,650 | ||
3,000 | 4.000%, 1/01/38 | 1/30 at 100.00 | A | 3,500,520 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
$ 3,180 | Chicago, Illinois, General Airport Revenue Bonds, O'Hare International Airport, Senior Lien Series 2015C, 5.000%, 1/01/46 (AMT) | 1/25 at 100.00 | A | $3,587,104 | ||
900 | Chicago, Illinois, General Obligation Bonds, Project & Refunding Series 2014A, 5.000%, 1/01/35 | 1/24 at 100.00 | BBB+ | 967,365 | ||
8,805 | Chicago, Illinois, General Obligation Bonds, Project & Refunding Series 2017A, 6.000%, 1/01/38 | 1/27 at 100.00 | BBB+ | 10,800,653 | ||
920 | Chicago, Illinois, General Obligation Bonds, Project and Refunding Series 2003B, 5.500%, 1/01/33 | 1/25 at 100.00 | BBB+ | 1,039,066 | ||
13,760 | Chicago, Illinois, General Obligation Bonds, Project and Refunding Series 2005D, 5.500%, 1/01/40 | 1/25 at 100.00 | BBB+ | 15,495,136 | ||
Chicago, Illinois, General Obligation Bonds, Project Series 2011A: | ||||||
400 | 5.250%, 1/01/35 | 11/21 at 100.00 | BBB+ | 403,744 | ||
5,660 | 5.000%, 1/01/40 | 11/21 at 100.00 | BBB+ | 5,712,978 | ||
1,000 | Chicago, Illinois, General Obligation Bonds, Project Series 2012A, 5.000%, 1/01/33 | 1/22 at 100.00 | BBB+ | 1,009,270 | ||
7,545 | Chicago, Illinois, General Obligation Bonds, Refunding Series 2007E, 5.500%, 1/01/42 | 1/25 at 100.00 | BBB+ | 8,480,052 | ||
1,320 | Chicago, Illinois, General Obligation Bonds, Refunding Series 2012C, 5.000%, 1/01/25 | 1/22 at 100.00 | BBB+ | 1,333,530 | ||
Chicago, Illinois, General Obligation Bonds, Refunding Series 2016C: | ||||||
2,260 | 5.000%, 1/01/24 | No Opt. Call | BBB+ | 2,477,141 | ||
935 | 5.000%, 1/01/25 | No Opt. Call | BBB+ | 1,058,476 | ||
2,500 | 5.000%, 1/01/29 | 1/26 at 100.00 | BBB+ | 2,880,725 | ||
705 | 5.000%, 1/01/35 | 1/26 at 100.00 | BBB+ | 805,082 | ||
2,175 | 5.000%, 1/01/38 | 1/26 at 100.00 | BBB+ | 2,482,806 | ||
Chicago, Illinois, General Obligation Bonds, Refunding Series 2020A: | ||||||
50 | 5.000%, 1/01/27 | No Opt. Call | BBB+ | 59,785 | ||
6,000 | 5.000%, 1/01/30 | No Opt. Call | BBB+ | 7,607,580 | ||
2,200 | Chicago, Illinois, General Obligation Bonds, Series 2015A, 5.500%, 1/01/39 | 1/25 at 100.00 | BBB+ | 2,478,850 | ||
715 | Chicago, Illinois, General Obligation Bonds, Variable Rate Demand Series 2007F, 5.500%, 1/01/42 | 1/25 at 100.00 | BBB+ | 803,610 | ||
3,000 | Chicago, Illinois, Midway Airport Revenue Bonds, Refunding Second Lien Series 2014A, 5.000%, 1/01/31 (AMT) | 1/24 at 100.00 | A | 3,291,660 | ||
7,595 | DuPage County, Illinois, Revenue Bonds, Morton Arboretum Project, Green Series 2020, 3.000%, 5/15/47 | 5/30 at 100.00 | A1 | 7,756,698 | ||
5,000 | Illinois Finance Authority Revenue Bonds, OSF Healthcare System, Refunding Series 2018A, 4.125%, 5/15/47 | 11/28 at 100.00 | A | 5,672,500 | ||
Illinois Finance Authority, Health Services Facility Lease Revenue Bonds, Provident Group - UIC Surgery Center, LLC - University of Illinois Health Services Facility Project, Series 2020: | ||||||
2,450 | 4.000%, 10/01/40 | 10/30 at 100.00 | BBB+ | 2,809,096 | ||
3,140 | 4.000%, 10/01/50 | 10/30 at 100.00 | BBB+ | 3,513,534 | ||
1,450 | 4.000%, 10/01/55 | 10/30 at 100.00 | BBB+ | 1,615,169 | ||
2,195 | Illinois Finance Authority, Revenue Bonds, Centegra Health System, Series 2014A, 5.000%, 9/01/34 (Pre-refunded 9/01/24) | 9/24 at 100.00 | AA+ (7) | 2,490,754 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
$ 3,895 | Illinois Finance Authority, Revenue Bonds, Ingalls Health System, Series 2013, 4.250%, 5/15/43 (Pre-refunded 5/15/22) | 5/22 at 100.00 | A1 (7) | $3,987,545 | ||
10,810 | Illinois Finance Authority, Revenue Bonds, Mercy Health Corporation, Series 2016, 5.000%, 12/01/40 | 6/26 at 100.00 | A3 | 12,678,941 | ||
Illinois Finance Authority, Revenue Bonds, Northshore University HealthSystem, Series 2020A: | ||||||
1,645 | 5.000%, 8/15/32 | 8/30 at 100.00 | AA- | 2,143,205 | ||
1,250 | 5.000%, 8/15/33 | 8/30 at 100.00 | AA- | 1,620,687 | ||
9,780 | 3.250%, 8/15/49 (UB) (4) | 8/30 at 100.00 | AA- | 10,599,955 | ||
5,000 | Illinois Finance Authority, Revenue Bonds, Northwestern Memorial Healthcare, Refunding Series 2021A, 3.000%, 7/15/40 | 7/31 at 100.00 | AA+ | 5,320,700 | ||
10,715 | Illinois Finance Authority, Revenue Bonds, OSF Healthcare System, Series 2015A, 5.000%, 11/15/45 | 11/25 at 100.00 | A | 12,396,719 | ||
10,000 | Illinois Finance Authority, Revenue Bonds, OSF Healthcare System, Series 2020A, 3.000%, 5/15/50 (UB) (4) | 11/30 at 100.00 | A | 10,485,400 | ||
895 | Illinois Finance Authority, Revenue Bonds, Rehabilitation Institute of Chicago, Series 2013A, 5.500%, 7/01/28 | 7/23 at 100.00 | A- | 951,761 | ||
20 | Illinois Finance Authority, Revenue Bonds, Rush University Medical Center Obligated Group, Series 2015A, 4.000%, 11/15/39 | 5/25 at 100.00 | AA- | 21,741 | ||
1,105 | Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital and Medical Centers, Refunding Series 2015C, 5.000%, 8/15/35 | 8/25 at 100.00 | A3 | 1,273,391 | ||
Illinois Finance Authority, Revenue Bonds, The Carle Foundation, Fixed Period Series 2021A: | ||||||
4,300 | 4.000%, 8/15/40 | 8/31 at 100.00 | AA- | 5,093,823 | ||
4,210 | 4.000%, 8/15/41 | 8/31 at 100.00 | AA- | 4,972,347 | ||
29,145 | 3.000%, 8/15/48 (UB) (4) | 8/31 at 100.00 | AA- | 30,697,263 | ||
17,275 | Illinois Housing Development Authority, Housing Revenue Bonds, MBS Pass Through Program, Series 2017A, 3.125%, 2/01/47 | 3/26 at 100.00 | Aaa | 18,419,610 | ||
4,000 | Illinois Housing Development Authority, Multifamily Housing Revenue Bonds, GNMA Collateralized - Lifelink Developments, Series 2006, 4.850%, 4/20/41 (AMT) (UB) (4) | 6/21 at 100.00 | AA+ | 4,007,120 | ||
7,335 | Illinois Sports Facility Authority, State Tax Supported Bonds, Refunding Series 2014, 5.250%, 6/15/31 – AGM Insured | 6/24 at 100.00 | AA | 8,072,608 | ||
Illinois State, General Obligation Bonds, December Series 2017A: | ||||||
5,000 | 5.000%, 12/01/24 | No Opt. Call | BBB | 5,679,600 | ||
1,560 | 5.000%, 12/01/32 | 12/27 at 100.00 | BBB | 1,854,216 | ||
3,725 | Illinois State, General Obligation Bonds, June Series 2016, 4.000%, 6/01/36 | 6/26 at 100.00 | BBB | 4,087,293 | ||
7,985 | Illinois State, General Obligation Bonds, March Series 2012, 5.000%, 3/01/31 | 3/22 at 100.00 | BBB | 8,128,890 | ||
Illinois State, General Obligation Bonds, March Series 2021A: | ||||||
2,250 | 4.000%, 3/01/38 | 3/31 at 100.00 | BBB | 2,588,062 | ||
1,300 | 4.000%, 3/01/40 | 3/31 at 100.00 | BBB | 1,486,537 | ||
11,065 | Illinois State, General Obligation Bonds, May Series 2020, 5.750%, 5/01/45 | 5/30 at 100.00 | BBB | 14,013,933 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
Illinois State, General Obligation Bonds, November Series 2017D: | ||||||
$ 11,625 | 5.000%, 11/01/27 | No Opt. Call | BBB | $14,169,364 | ||
3,000 | 5.000%, 11/01/28 | 11/27 at 100.00 | BBB | 3,628,800 | ||
Illinois State, General Obligation Bonds, Refunding September Series 2018A: | ||||||
2,000 | 5.000%, 10/01/28 | No Opt. Call | BBB | 2,470,360 | ||
3,500 | 5.000%, 10/01/33 | 10/28 at 100.00 | BBB | 4,221,630 | ||
500 | Illinois State, General Obligation Bonds, Series 2012A, 5.000%, 3/01/27 | 3/22 at 100.00 | BBB | 509,390 | ||
1,440 | Illinois State, General Obligation Bonds, Series 2013, 5.250%, 7/01/28 | 7/23 at 100.00 | BBB | 1,547,957 | ||
12,500 | Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Senior Lien Series 2020A, 5.000%, 1/01/45 | 1/31 at 100.00 | AA- | 15,720,750 | ||
875 | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2012A, 5.000%, 6/15/42 – NPFG Insured | 6/22 at 100.00 | BBB+ | 903,805 | ||
Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2012B: | ||||||
1,280 | 5.000%, 6/15/23 | 6/22 at 100.00 | BBB+ | 1,322,138 | ||
10,180 | 5.000%, 6/15/52 | 6/22 at 100.00 | BBB+ | 10,515,126 | ||
5,400 | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2015B, 5.000%, 6/15/52 | 12/25 at 100.00 | BBB+ | 6,100,866 | ||
Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2020A: | ||||||
5,000 | 4.000%, 6/15/50 – BAM Insured | 12/29 at 100.00 | AA | 5,647,450 | ||
7,000 | 5.000%, 6/15/50 | 12/29 at 100.00 | BBB+ | 8,413,090 | ||
Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2022A: | ||||||
3,490 | 4.000%, 12/15/42 (WI/DD, Settling 3/17/22) | 12/31 at 100.00 | BBB+ | 3,966,594 | ||
5,180 | 4.000%, 12/15/47 (WI/DD, Settling 3/17/22) | 12/31 at 100.00 | BBB+ | 5,823,926 | ||
3,055 | 4.000%, 6/15/52 (WI/DD, Settling 3/17/22) | 12/31 at 100.00 | BBB+ | 3,422,975 | ||
Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2015A: | ||||||
2,500 | 0.000%, 12/15/52 – BAM Insured | No Opt. Call | AA | 1,042,700 | ||
1,225 | 5.000%, 6/15/53 | 12/25 at 100.00 | BBB+ | 1,383,993 | ||
8,025 | Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Refunding Series 1996A, 0.000%, 12/15/21 – NPFG Insured (ETM) | No Opt. Call | Baa2 (7) | 8,020,185 | ||
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Series 2002A: | ||||||
10,000 | 0.000%, 12/15/35 – AGM Insured | No Opt. Call | AA | 7,321,200 | ||
22,500 | 0.000%, 12/15/37 – NPFG Insured | No Opt. Call | BBB+ | 15,243,300 | ||
1,838 | Plano, Illinois, Special Tax Bonds, Special Service Area 1 & 2 Lakewood Springs Project, Refunding Series 2014, 5.000%, 3/01/34 – AGM Insured | 3/24 at 100.00 | AA | 1,991,418 | ||
845 | Quad Cities Regional Economic Development Authority, Illinois, Revenue Bonds, Augustana College, Series 2012, 4.750%, 10/01/29 | 10/22 at 100.00 | Baa1 | 867,900 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
$ 4,450 | Regional Transportation Authority, Cook, DuPage, Kane, Lake, McHenry and Will Counties, Illinois, General Obligation Bonds, Series 2001A, 6.000%, 7/01/27 – FGIC Insured | No Opt. Call | AA+ | $5,424,016 | ||
3,000 | Sales Tax Securitization Corporation, Illinois, Sales Tax Securitization Bonds, Second Lien Series 2020A, 5.000%, 1/01/30 | No Opt. Call | AA- | 3,864,030 | ||
1,000 | Sales Tax Securitization Corporation, Illinois, Sales Tax Securitzation Bonds, Series 2018A, 5.000%, 1/01/36 | 1/28 at 100.00 | AA- | 1,201,930 | ||
Springfield, Illinois, Electric Revenue Bonds, Refunding Senior Lien Series 2015: | ||||||
15,530 | 4.000%, 3/01/40 – AGM Insured | 3/25 at 100.00 | AA | 16,603,899 | ||
3,485 | 5.000%, 3/01/40 – AGM Insured | 3/25 at 100.00 | AA | 3,965,686 | ||
5,000 | University of Illinois, Auxiliary Facilities System Revenue Bonds, Series 2013A, 4.000%, 4/01/32 | 4/23 at 100.00 | A+ | 5,226,050 | ||
7,405 | University of Illinois, Health Services Facilities System Revenue Bonds, Series 2013, 6.000%, 10/01/42 | 10/23 at 100.00 | A- | 8,110,400 | ||
574,848 | Total Illinois | 639,230,384 | ||||
Indiana – 1.6% | ||||||
2,000 | Gary Local Public Improvement Bond Bank, Indiana, Economic Development Revenue Bonds, Drexel Foundation for Educational Excellence Project, Refunding Series 2020A, 5.875%, 6/01/55, 144A | 6/30 at 100.00 | N/R | 2,175,060 | ||
6,495 | IIndiana Finance Authority, Hospital Revenue Bonds, Parkview Health, Series 2018A, 5.000%, 11/01/43 | 11/28 at 100.00 | AA- | 7,963,519 | ||
825 | Indiana Finance Authority, Educational Facilities Revenue Bonds, Circle City Preparatory Inc Project, Series 2021A, 5.000%, 12/01/40 | 12/27 at 103.00 | N/R | 892,295 | ||
Indiana Finance Authority, Educational Facilities Revenue Bonds, Lighthouse Academies of Northwest Indiana Inc Project, Series 2016: | ||||||
3,710 | 7.000%, 12/01/34, 144A | 12/24 at 100.00 | N/R | 4,002,571 | ||
6,075 | 7.250%, 12/01/44, 144A | 12/24 at 100.00 | N/R | 6,531,597 | ||
5,000 | Indiana Finance Authority, Educational Facilities Revenue Bonds, Rose Hulman Institute Of Technology Project, Series 2018, 4.000%, 6/01/44 | 12/28 at 100.00 | A2 | 5,650,700 | ||
3,600 | Indiana Finance Authority, Educational Facilities Revenue Bonds, Rose Hulman Institute Of Technology Project, Series 2020A, 4.000%, 6/01/50 | 6/30 at 100.00 | A2 | 4,088,916 | ||
1,640 | Indiana Finance Authority, Educational Facilities Revenue Bonds, Valparaiso University Project, Series 2014, 5.000%, 10/01/39 | 10/24 at 100.00 | Baa1 | 1,817,694 | ||
2,830 | Indiana Finance Authority, Educational Facilities Revenue Bonds, Victory College Prep Project, Series 2021A, 4.500%, 12/01/55, 144A | 12/27 at 103.00 | N/R | 2,906,835 | ||
640 | Indiana Finance Authority, Environmental Improvement Revenue Bonds, United States Steel Corporation Project, Refunding Series 2021A, 4.125%, 12/01/26 | No Opt. Call | B | 705,862 | ||
Indiana Finance Authority, Provate Activity Bonds, Ohio River Bridges East End Crossing Project, Series 2013A: | ||||||
9,215 | 5.000%, 7/01/48 (AMT) | 7/23 at 100.00 | A- | 9,864,565 | ||
6,250 | 5.250%, 1/01/51 (AMT) | 7/23 at 100.00 | A- | 6,716,063 | ||
15,205 | Indiana Finance Authority, Wastewater Utility Revenue Bonds, CWA Authority Project, First Lien Green Series 2016A, 5.000%, 10/01/46 | 10/26 at 100.00 | AA | 17,909,361 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Indiana (continued) | ||||||
$ 8,000 | Indiana Finance Authority, Wastewater Utility Revenue Bonds, CWA Authority Project, Series 2014A, 5.000%, 10/01/40 | 10/24 at 100.00 | AA | $8,979,920 | ||
2,200 | Indiana Health and Educational Facilities Financing Authority, Revenue Bonds, Ascension Health, Series 2006B-7, 5.000%, 11/15/46 | 11/26 at 100.00 | AA+ | 2,618,484 | ||
Indianapolis Local Public Improvement Bond Bank, Indiana, Community Justice Campus Bonds, Courthouse & Jail Project, Series 2019A: | ||||||
6,490 | 5.000%, 2/01/44 | 2/29 at 100.00 | AAA | 7,980,818 | ||
23,520 | 5.000%, 2/01/49 | 2/29 at 100.00 | AAA | 28,765,195 | ||
Knox County, Indiana, Economic Development Revenue and Refunding Bonds, Good Samaritan Hospital Project, Series 2012A: | ||||||
1,530 | 5.000%, 4/01/26 | 4/22 at 100.00 | Baa3 | 1,560,080 | ||
1,400 | 5.000%, 4/01/27 | 4/22 at 100.00 | Baa3 | 1,427,174 | ||
1,560 | 5.000%, 4/01/29 | 4/22 at 100.00 | Baa3 | 1,589,968 | ||
Valparaiso, Indiana, Exempt Facilities Revenue Bonds, Pratt Paper LLC Project, Series 2013: | ||||||
175 | 5.875%, 1/01/24 (AMT) | No Opt. Call | N/R | 186,958 | ||
9,185 | 7.000%, 1/01/44 (AMT) | 1/24 at 100.00 | N/R | 10,335,513 | ||
117,545 | Total Indiana | 134,669,148 | ||||
Iowa – 0.3% | ||||||
4,000 | Iowa Finance Authority, Health Facilities Revenue Bonds, UnityPoint Health, Series 2016E, 4.000%, 8/15/46 | 2/26 at 100.00 | AA- | 4,369,840 | ||
2,000 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Alcoa Inc Project, Series 2012, 4.750%, 8/01/42 | 8/22 at 100.00 | BBB- | 2,048,700 | ||
1,490 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Refunding Series 2019, 3.125%, 12/01/22 | 10/21 at 103.00 | BB- | 1,513,363 | ||
10,375 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2013, 5.250%, 12/01/25 | 12/23 at 100.00 | BB- | 11,230,315 | ||
3,920 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2018A, 5.250%, 12/01/50 (Mandatory Put 12/01/33) | 12/22 at 103.00 | BB- | 4,205,572 | ||
21,785 | Total Iowa | 23,367,790 | ||||
Kansas – 0.1% | ||||||
Hutchinson, Kansas, Hospital Facilities Revenue Bonds, Hutchinson Regional Medical Center, Inc, Series 2016: | ||||||
1,500 | 5.000%, 12/01/36 | 12/26 at 100.00 | Ba1 | 1,718,010 | ||
1,320 | 5.000%, 12/01/41 | 12/26 at 100.00 | Ba1 | 1,499,890 | ||
Overland Park Development Corporation, Kansas, Revenue Bonds, Convention Center Hotel, Refunding & improvement Series 2019: | ||||||
1,500 | 5.000%, 3/01/44 | 3/29 at 100.00 | BB- | 1,538,505 | ||
3,500 | 5.000%, 3/01/49 | 3/29 at 100.00 | BB- | 3,581,760 | ||
660 | Overland Park Transportation Development District, Kansas, Sales Tax Revenue Bonds, Oak Park Mall Project, Series 2010, 5.900%, 4/01/32 | 11/21 at 100.00 | BBB | 660,257 | ||
8,480 | Total Kansas | 8,998,422 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Kentucky – 1.2% | ||||||
$ 230 | Ashland, Kentucky, Medical Center Revenue Bonds, Ashland Hospital Corporation d/b/a King's Daughters Medical Center Project, Refunding Series 2019, 4.000%, 2/01/35 | 2/30 at 100.00 | BBB+ | $261,988 | ||
10,000 | Carroll County, Kentucky, Environmental Facilities Revenue Bonds, Kentucky Utilities Company Project, Refunding Series 2006B, 2.125%, 10/01/34 (AMT) | 6/31 at 100.00 | A1 | 10,235,600 | ||
5,000 | Carroll County, Kentucky, Environmental Facilities Revenue Bonds, Kentucky Utilities Company Project, Series 2008A, 2.000%, 2/01/32 (AMT) | 6/31 at 100.00 | A1 | 5,120,400 | ||
Kentucky Bond Development Corporation, Transient Room Tax Revenue Bonds, Lexington Center Corporation Project, Series 2018A: | ||||||
2,545 | 5.000%, 9/01/43 | 9/28 at 100.00 | A2 | 3,063,289 | ||
2,600 | 5.000%, 9/01/48 | 9/28 at 100.00 | A2 | 3,100,812 | ||
6,565 | Kentucky Economic Development Finance Authority, Louisville Arena Project Revenue Bonds, Louisville Arena Authority, Inc, Series 2017A, 5.000%, 12/01/45 – AGM Insured (UB) (4) | 12/27 at 100.00 | AA | 7,989,014 | ||
Kentucky Economic Development Finance Authority, Revenue Bonds, Next Generation Kentucky Information Highway Project, Senior Series 2015A: | ||||||
2,745 | 5.000%, 7/01/27 | 7/25 at 100.00 | BBB+ | 3,110,360 | ||
2,100 | 5.000%, 7/01/33 | 7/25 at 100.00 | BBB+ | 2,332,911 | ||
5,655 | 5.000%, 7/01/37 | 7/25 at 100.00 | BBB+ | 6,252,507 | ||
2,175 | 5.000%, 1/01/45 | 7/25 at 100.00 | BBB+ | 2,381,625 | ||
Kentucky Municipal Power Agency, Power System Revenue Bonds, Prairie State Project, Refunding Series 2020A Forward Delivery: | ||||||
1,000 | 5.000%, 9/01/34 | 9/29 at 100.00 | Baa1 | 1,232,100 | ||
725 | 5.000%, 9/01/35 | 9/29 at 100.00 | Baa1 | 890,576 | ||
Kentucky State Property and Buildings Commission, Revenue Bonds, Project 119, Series 2018: | ||||||
2,000 | 5.000%, 5/01/35 | 5/28 at 100.00 | A1 | 2,428,200 | ||
2,500 | 5.000%, 5/01/36 | 5/28 at 100.00 | A1 | 3,026,975 | ||
4,000 | 5.000%, 5/01/37 | 5/28 at 100.00 | A1 | 4,832,040 | ||
Kentucky State Property and Buildings Commission, Revenue Bonds, Project 122, Series 2019A: | ||||||
1,000 | 4.000%, 11/01/35 | 11/28 at 100.00 | A1 | 1,144,540 | ||
1,250 | 4.000%, 11/01/36 | 11/28 at 100.00 | A1 | 1,428,463 | ||
760 | Kentucky State University, Certificates of Participation, Series 2021, 4.000%, 11/01/46 – BAM Insured | 11/31 at 100.00 | AA | 879,464 | ||
3,000 | Louisville and Jefferson County Metropolitan Sewer District, Kentucky, Sewer and Drainage System Revenue Bonds, Series 2016A, 3.000%, 5/15/35 | 11/25 at 100.00 | AA | 3,193,470 | ||
Louisville/Jefferson County Metro Government, Kentucky, Health System Revenue Bonds, Norton Healthcare Inc, Series 2016A: | ||||||
5,735 | 5.000%, 10/01/31 | 10/26 at 100.00 | A+ | 6,839,848 | ||
2,785 | 4.000%, 10/01/35 | 10/26 at 100.00 | A+ | 3,147,189 | ||
5,415 | Louisville/Jefferson County Metro Government, Kentucky, Health System Revenue Bonds, Norton Healthcare, Inc, Series 2020A, 3.000%, 10/01/43 | 10/29 at 100.00 | A+ | 5,655,480 | ||
12,750 | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2018A, 4.000%, 4/01/48 (Mandatory Put 4/01/24) | 1/24 at 100.37 | A2 | 13,779,690 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Kentucky (continued) | ||||||
$ 8,000 | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2018C-2, 1.358%, 12/01/49 (Mandatory Put 6/01/25) (1-Month LIBOR *0.67% reference rate + 1.300% spread) (6) | 3/25 at 100.00 | A1 | $ 8,205,760 | ||
90,535 | Total Kentucky | 100,532,301 | ||||
Louisiana – 1.5% | ||||||
Calcasieu Parish Memorial Hospital Service District, Louisiana, Revenue Bonds, Lake Charles Memorial Hospital, Refunding Series 2019: | ||||||
2,770 | 5.000%, 12/01/25 | No Opt. Call | BB | 3,169,711 | ||
1,455 | 5.000%, 12/01/26 | No Opt. Call | BB | 1,702,583 | ||
1,525 | 5.000%, 12/01/27 | No Opt. Call | BB | 1,818,806 | ||
1,605 | 5.000%, 12/01/28 | No Opt. Call | BB | 1,946,945 | ||
2,930 | 5.000%, 12/01/29 | No Opt. Call | BB | 3,607,416 | ||
1,700 | 5.000%, 12/01/34 | 12/29 at 100.00 | BB | 2,045,049 | ||
2,625 | 5.000%, 12/01/39 | 12/29 at 100.00 | BB | 3,113,827 | ||
21,235 | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Ochsner Clinic Foundation Project, Series 2020A, 4.000%, 5/15/49 | 5/30 at 100.00 | A | 24,212,996 | ||
2,400 | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Tulane University, Refunding Series 2020A, 4.000%, 4/01/50 | 4/30 at 100.00 | A | 2,732,232 | ||
23,975 | Louisiana Public Facilities Authority, Dock and Wharf Revenue Bonds, Impala Warehousing (US) LLC Project, Series 2013, 6.500%, 7/01/36, 144A (AMT) | 7/23 at 100.00 | N/R | 25,471,280 | ||
Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Ochsner Clinic Foundation Project, Series 2020A: | ||||||
16,495 | 3.000%, 5/15/47 (UB) (4) | 5/30 at 100.00 | A | 17,364,946 | ||
5,710 | 4.000%, 5/15/49 (UB) (4) | 5/30 at 100.00 | A | 6,510,770 | ||
2,030 | Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project, Series 2015, 5.000%, 5/15/47 | 5/25 at 100.00 | A | 2,285,557 | ||
1,050 | New Orleans, Louisiana, Sewerage Service Revenue Bonds, Refunding Series 2014, 5.000%, 6/01/44 (Pre-refunded 6/01/24) | 6/24 at 100.00 | A (7) | 1,178,468 | ||
6,750 | Port New Orleans Board of Commissioners, Louisiana, Revenue Bonds, Port Facilities, Series 2020E, 5.000%, 4/01/44 (AMT) | 4/30 at 100.00 | A | 8,150,490 | ||
2,000 | Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, LP Project, Series 2008, 6.100%, 6/01/38 (Mandatory Put 6/01/30), 144A | No Opt. Call | BB- | 2,606,280 | ||
500 | Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, LP Project, Series 2010, 6.350%, 7/01/40, 144A | 6/30 at 100.00 | BB- | 661,365 | ||
6,425 | Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, LP Project, Series 2010B, 6.100%, 12/01/40 (Mandatory Put 6/01/30), 144A | No Opt. Call | BB- | 8,372,674 | ||
2,930 | Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, LP Project, Series 2011, 5.850%, 8/01/41 (Mandatory Put 6/01/25), 144A | No Opt. Call | BB- | 3,328,158 | ||
4,000 | Saint John the Baptist Parish, Louisiana, Revenue Bonds, Marathon Oil Corporation Project, Refunding Series 2017A-1, 2.000%, 6/01/37 (Mandatory Put 4/01/23) | No Opt. Call | BBB- | 4,068,600 | ||
1,650 | Saint John the Baptist Parish, Louisiana, Revenue Bonds, Marathon Oil Corporation Project, Refunding Series 2017A-3, 2.200%, 6/01/37 (Mandatory Put 7/01/26) | No Opt. Call | BBB- | 1,724,250 | ||
1,135 | Shreveport, Louisiana, Water and Sewer Revenue Bonds, Junior Lien Series 2019B, 4.000%, 12/01/49 – AGM Insured | 12/28 at 100.00 | AA | 1,265,355 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Louisiana (continued) | ||||||
$ 1,225 | Tangipahoa Parish Hospital Service District 1, Louisiana, Hospital Revenue Bonds, North Oaks Health System Project, Refunding Series 2021, 4.000%, 2/01/38 (WI/DD, Settling 10/21/21) | 2/31 at 100.00 | A- | $ 1,407,844 | ||
114,120 | Total Louisiana | 128,745,602 | ||||
Maine – 0.1% | ||||||
Maine Health and Higher Educational Facilities Authority, Revenue Bonds, MaineHealth Issue, Series 2020A: | ||||||
2,355 | 4.000%, 7/01/45 | 7/30 at 100.00 | A+ | 2,708,415 | ||
2,755 | 4.000%, 7/01/50 | 7/30 at 100.00 | A+ | 3,139,460 | ||
1,420 | Maine State Housing Authority, Single Family Mortgage Purchase Bonds, Social Series 2021C, 2.300%, 11/15/46 (UB) (4) | 11/30 at 100.00 | AA+ | 1,332,343 | ||
Portland, Maine, General Airport Revenue Bonds, Refunding Series 2013: | ||||||
460 | 5.000%, 7/01/26 | 7/23 at 100.00 | BBB+ | 494,491 | ||
1,000 | 5.000%, 7/01/27 | 7/23 at 100.00 | BBB+ | 1,073,720 | ||
7,990 | Total Maine | 8,748,429 | ||||
Maryland – 0.9% | ||||||
10,000 | Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017, 5.000%, 9/01/39 | 9/27 at 100.00 | CCC | 10,588,300 | ||
1,030 | Frederick County, Maryland, Special Tax Limited Obligation Bonds, Jefferson Technology Park Project, Refunding Series 2020A, 5.000%, 7/01/43, 144A | 7/30 at 102.00 | N/R | 1,211,929 | ||
735 | Frederick County, Maryland, Tax Increment and Special Tax Limited Obligation Bonds, Jefferson Technology Park Project, Refunding Series 2020B, 4.625%, 7/01/43, 144A | 7/30 at 102.00 | N/R | 870,681 | ||
Maryland Community Development Administration Department of Housing and Community Development, Residential Revenue Bonds, Series 2021B: | ||||||
3,360 | 2.100%, 9/01/41 (UB) (4) | 3/30 at 100.00 | Aa1 | 3,263,232 | ||
2,000 | 2.150%, 9/01/43 (UB) (4) | 3/30 at 100.00 | Aa1 | 1,929,700 | ||
4,090 | Maryland Department of Transportation, Special Transportation Project Revenue Bonds, Series 2021B, 4.000%, 8/01/51 (AMT) | 8/31 at 100.00 | A1 | 4,693,275 | ||
Maryland Economic Development Corporation Economic Development Revenue Bonds, Terminal Project, Series 2019A: | ||||||
450 | 5.000%, 6/01/44 (AMT) | 6/29 at 100.00 | Baa3 | 535,667 | ||
900 | 5.000%, 6/01/49 (AMT) | 6/29 at 100.00 | Baa3 | 1,064,619 | ||
3,885 | Maryland Economic Development Corporation, Port Facilities Revenue Bonds, CNX Marine Terminals Inc Port of Baltimore Facility, Refunding Series 2010, 5.750%, 9/01/25 | 11/21 at 100.00 | BB- | 3,925,365 | ||
1,500 | Maryland Economic Development Corporation, Private Activity Revenue Bonds RSA, Purple Line Light Rail Project, Green Bonds, Series 2016A, 5.000%, 3/31/24 (AMT) | 11/21 at 100.00 | BB- | 1,510,590 | ||
Maryland Health and HIgher Educational Facilities Authority, Revenue Bonds, Greater Baltimore Medical Center, Series 2021A: | ||||||
5,860 | 3.000%, 7/01/46 (UB) (4) | 7/31 at 100.00 | A+ | 6,154,465 | ||
4,140 | 2.500%, 7/01/51 (UB) (4) | 7/31 at 100.00 | N/R | 3,904,103 | ||
14,350 | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, MedStar Health Issue, Series 2015, 5.000%, 8/15/42 (UB) (4) | 2/25 at 100.00 | A | 16,352,973 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Maryland (continued) | ||||||
$ 8,390 | Maryland Stadium Authority, Revenue Bonds, Baltimore City Public Schools Construction & Revitalization Program, Series 2016, 5.000%, 5/01/41 (Pre-refunded 5/01/26) | 5/26 at 100.00 | AA (7) | $10,074,460 | ||
10,000 | Maryland Stadium Authority, Revenue Bonds, Baltimore City Public Schools Construction & Revitalization Program, Series 2020A, 5.000%, 5/01/50 | No Opt. Call | AA | 14,679,200 | ||
70,690 | Total Maryland | 80,758,559 | ||||
Massachusetts – 2.1% | ||||||
10,000 | Attleboro, Massachusetts, General Obligation Bonds, School Project, Series 2020, 2.625%, 10/15/50 (UB) (4) | 10/28 at 100.00 | AA | 9,962,600 | ||
8,620 | Massachusetts Bay Transportation Authority, Sales Tax Revenue Bonds, Senior Lien Capital Appreciation Series 2016A, 0.000%, 7/01/32 | 7/26 at 85.54 | AA | 6,854,365 | ||
1,000 | Massachusetts Development Finance Agency Revenue Refunding Bonds, NewBridge on the Charles, Inc Issue, Series 2017, 5.000%, 10/01/57, 144A | 10/22 at 105.00 | BB+ | 1,084,740 | ||
4,350 | Massachusetts Development Finance Agency, Health Care Facility Revenue Bonds, Adventcare Project, Series 2007A, 0.000%, 10/15/37 (8) | 11/21 at 100.00 | N/R | 1,957,500 | ||
Massachusetts Development Finance Agency, Revenue Bonds, Beth Israel Lahey Health Issue, Series 2019K: | ||||||
1,315 | 5.000%, 7/01/31 | 7/29 at 100.00 | A | 1,656,913 | ||
1,250 | 5.000%, 7/01/32 | 7/29 at 100.00 | A | 1,570,075 | ||
Massachusetts Development Finance Agency, Revenue Bonds, Boston Medical Center Issue, Series 2016E: | ||||||
1,200 | 5.000%, 7/01/35 | 7/26 at 100.00 | BBB | 1,387,056 | ||
5,590 | 5.000%, 7/01/37 | 7/26 at 100.00 | BBB | 6,438,227 | ||
Massachusetts Development Finance Agency, Revenue Bonds, CareGroup Issue, Series 2018J-2: | ||||||
10,000 | 5.000%, 7/01/43 | 7/28 at 100.00 | A | 12,053,500 | ||
6,750 | 5.000%, 7/01/53 | 7/28 at 100.00 | A | 8,085,555 | ||
10,410 | Massachusetts Development Finance Agency, Revenue Bonds, Emerson College, Series 2016A, 5.000%, 1/01/47 | 1/27 at 100.00 | BBB+ | 11,900,191 | ||
1,500 | Massachusetts Development Finance Agency, Revenue Bonds, Emmanuel College, Series 2016A, 5.000%, 10/01/43 | 10/26 at 100.00 | Baa2 | 1,733,880 | ||
1,035 | Massachusetts Development Finance Agency, Revenue Bonds, Loomis Communities, Series 2013A, 4.875%, 1/01/24 | 1/23 at 100.00 | BBB | 1,104,987 | ||
Massachusetts Development Finance Agency, Revenue Bonds, Southcoast Health System Obligated Group Issue, Series 2021G: | ||||||
1,400 | 4.000%, 7/01/46 | 7/31 at 100.00 | A- | 1,622,824 | ||
355 | 5.000%, 7/01/50 | 7/31 at 100.00 | A- | 446,203 | ||
Massachusetts Development Finance Agency, Revenue Bonds, Wellforce Issue, Series 2019A: | ||||||
2,500 | 5.000%, 7/01/39 | 1/29 at 100.00 | BBB+ | 3,032,175 | ||
10,165 | 5.000%, 7/01/44 | 1/29 at 100.00 | BBB+ | 12,153,071 | ||
920 | Massachusetts Development Finance Agency, Revenue Bonds, Wellforce Issue, Series 2020C, 4.000%, 10/01/45 – AGM Insured | 10/30 at 100.00 | AA | 1,060,052 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Massachusetts (continued) | ||||||
Massachusetts Development Finance Agency, Revenue Bonds, Woods Hole Oceanographic Institution, Series 2018: | ||||||
$ 3,490 | 5.000%, 6/01/43 | 6/28 at 100.00 | AA- | $4,279,473 | ||
6,210 | 5.000%, 6/01/48 | 6/28 at 100.00 | AA- | 7,568,810 | ||
18,045 | Massachusetts Port Authority, Revenue Bonds, Refunding Series 2016B, 5.000%, 7/01/43 (AMT) | 7/26 at 100.00 | Aa2 | 21,117,703 | ||
Massachusetts Port Authority, Revenue Bonds, Series 2021E: | ||||||
7,000 | 5.000%, 7/01/46 (AMT) | 7/31 at 100.00 | Aa2 | 8,795,430 | ||
12,500 | 5.000%, 7/01/51 (AMT) | 7/31 at 100.00 | Aa2 | 15,637,125 | ||
3,010 | Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2016A, 5.000%, 3/01/46 | 3/24 at 100.00 | Aa1 | 3,327,886 | ||
5,000 | Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2017F, 5.000%, 11/01/43 | 11/27 at 100.00 | Aa1 | 6,160,600 | ||
9,775 | Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2020C, 3.000%, 3/01/49 (UB) (4) | 3/30 at 100.00 | Aa1 | 10,300,406 | ||
Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2021B: | ||||||
7,500 | 3.000%, 4/01/49 (UB) (4) | 4/31 at 100.00 | Aa1 | 7,949,700 | ||
10,000 | 2.125%, 4/01/51 (UB) (4) | 4/31 at 100.00 | Aa1 | 9,020,500 | ||
160,890 | Total Massachusetts | 178,261,547 | ||||
Michigan – 1.5% | ||||||
2,000 | Detroit, Wayne County, Michigan, General Obligation Bonds, Social Bond Series 2021A, 5.000%, 4/01/46 | 4/31 at 100.00 | BB- | 2,422,480 | ||
8,385 | Grand Traverse County Hospital Finance Authority, Michigan, Revenue Bonds, Munson Healthcare, Refunding Series 2021, 3.000%, 7/01/51 (UB) (4) | 7/31 at 100.00 | AA | 8,787,648 | ||
3,755 | Lansing Community College, Michigan, General Obligation Bonds, College Building & Site, Limited Tax Series 2019, 3.000%, 5/01/49 | 5/29 at 100.00 | AA | 3,959,910 | ||
2,485 | Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne Criminal Justice Center Project, Senior Lien Series 2018, 5.000%, 11/01/43 | 11/28 at 100.00 | Aa3 | 3,020,890 | ||
Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne, Second Lien Refunding Series 2020: | ||||||
2,500 | 4.000%, 11/01/45 | 11/30 at 100.00 | AA | 2,890,425 | ||
9,730 | 4.000%, 11/01/50 (UB) (4) | 11/30 at 100.00 | AA | 11,195,046 | ||
Michigan Finance Authority, Hospital Revenue Bonds, McLaren Health Care, Refunding Series 2019A: | ||||||
16,670 | 4.000%, 2/15/47 | 8/29 at 100.00 | AA- | 19,057,478 | ||
8,570 | 4.000%, 2/15/50 | 8/29 at 100.00 | AA- | 9,755,488 | ||
Michigan Finance Authority, Michigan, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2016MI: | ||||||
145 | 5.000%, 12/01/45 (Pre-refunded 6/01/26) | 6/26 at 100.00 | N/R (7) | 173,524 | ||
9,970 | 5.000%, 12/01/45 | 6/26 at 100.00 | AA- | 11,773,673 | ||
105 | Michigan Finance Authority, Public School Academy Revenue Bonds, Detroit Service Learning Academy Project, Refunding Series 2011, 6.000%, 10/01/21 | No Opt. Call | BB- | 105,000 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Michigan (continued) | ||||||
$ 2,750 | Michigan Finance Authority, Tobacco Settlement Asset- Backed Bonds, 2007 Sold Tobacco Receipts, Series 2020A-CL-1, 4.000%, 6/01/49 | 12/30 at 100.00 | BBB+ | $3,141,325 | ||
85,205 | Michigan Finance Authority, Tobacco Settlement Asset- Backed Bonds, 2007 Sold Tobacco Receipts, Series 2020B2-CL2, 0.000%, 6/01/65 | 12/30 at 18.38 | N/R | 11,363,791 | ||
1,250 | Michigan Public Educational Facilities Authority, Limited Obligation Revenue Bonds, Chandler Park Academy Project, Series 2008, 6.500%, 11/01/35 | 11/21 at 100.00 | BBB- | 1,252,500 | ||
13,500 | Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2020-I, 3.000%, 10/15/51 (UB) (4) | 10/31 at 100.00 | Aa2 | 14,426,100 | ||
19,200 | Michigan State Building Authority, Revenue Bonds, Facilities Program, Series 2021I, 4.000%, 10/15/46 | 10/31 at 100.00 | Aa2 | 22,697,856 | ||
5,000 | Royal Oak Hospital Finance Authority, Michigan, Hospital Revenue Bonds, William Beaumont Hospital Obligated Group, Refunding Series 2014D, 5.000%, 9/01/39 | 3/24 at 100.00 | A+ | 5,521,450 | ||
191,220 | Total Michigan | 131,544,584 | ||||
Minnesota – 0.9% | ||||||
310 | Baytown Township, Minnesota Charter School Lease Revenue Bonds, Saint Croix Preparatory Academy, Refunding Series 2016A, 4.000%, 8/01/41 | 8/26 at 100.00 | BB+ | 327,242 | ||
City of Ham Lake, Minnesota, Charter School Lease Revenue Bonds, DaVinci Academy Project, Series 2016A: | ||||||
150 | 5.000%, 7/01/36 | 7/24 at 102.00 | N/R | 162,632 | ||
270 | 5.000%, 7/01/47 | 7/24 at 102.00 | N/R | 289,891 | ||
4,050 | City of Milaca, Minnesota Refunding Revenue Bonds, Grandview Christian Home Project, Series 2016, 5.000%, 10/01/51 | 10/24 at 102.00 | N/R | 4,265,622 | ||
Columbus, Minnesota, Senior Housing Revenue Bonds, Richfield Senior Housing, Inc, Refunding Series 2015: | ||||||
250 | 5.250%, 1/01/40 | 1/23 at 100.00 | N/R | 249,688 | ||
675 | 5.250%, 1/01/46 | 1/23 at 100.00 | N/R | 657,335 | ||
Dakota County Community Development Agency, Minnesota, Senior Housing Revenue Bonds, Walker Highview Hills LLC Project, Refunding Series 2016A: | ||||||
1,555 | 5.000%, 8/01/46, 144A | 8/22 at 100.00 | N/R | 1,583,021 | ||
1,250 | 5.000%, 8/01/51, 144A | 8/22 at 100.00 | N/R | 1,272,012 | ||
Forest Lake, Minnesota Charter School Lease Revenue Bonds, North Lakes Academy, Refunding Series 2021A: | ||||||
3,295 | 5.000%, 7/01/41 | 7/31 at 100.00 | N/R | 3,676,759 | ||
11,160 | 5.000%, 7/01/56 | 7/31 at 100.00 | N/R | 12,212,611 | ||
2,575 | Ham Lake, Minnesota Charter School Lease Revenue Bonds, Parnassus Preparatory School Project, Series 2016A, 5.000%, 11/01/47 | 11/26 at 100.00 | BB | 2,824,595 | ||
2,250 | Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint Catherine University, Refunding Series 2018A, 5.000%, 10/01/45 | 10/28 at 100.00 | Baa1 | 2,668,905 | ||
6,778 | Minnesota Housing Finance Agency, Homeownership Finance Bonds, Mortgage-Backed Securities Program, Series 2017E, 2.850%, 6/01/47 | 7/26 at 100.00 | Aaa | 7,074,082 | ||
17,904 | Minnesota Housing Finance Agency, Homeownership Finance Bonds, Mortgage-Backed Securities Program, Series 2017G, 2.650%, 10/01/47 | 1/27 at 100.00 | Aaa | 18,294,483 | ||
500 | Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Nova Classical Academy, Series 2016A, 4.125%, 9/01/47 | 9/24 at 102.00 | BB+ | 524,855 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Minnesota (continued) | ||||||
$ 1,000 | Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A, 5.000%, 11/15/47 | 11/27 at 100.00 | A | $1,195,920 | ||
16,825 | Saint Paul Port Authority, Minnesota, Solid Waste Disposal Revenue Bonds, Gerdau Saint Paul Steel Mill Project, Series 2012-7, 4.500%, 10/01/37, 144A (AMT) | 10/22 at 100.00 | BBB- | 17,099,247 | ||
St Paul Housing and Redevelopment Authority, Minnesota, Hospital Revenue Bonds, HealthEast Inc, Series 2015A: | ||||||
2,500 | 5.000%, 11/15/27 (Pre-refunded 11/15/25) | 11/25 at 100.00 | N/R (7) | 2,954,125 | ||
235 | 5.000%, 11/15/44 (Pre-refunded 11/15/25) | 11/25 at 100.00 | N/R (7) | 277,688 | ||
3,750 | Western Minnesota Municipal Power Agency, Minnesota, Power Supply Revenue Bonds, Series 2014A, 5.000%, 1/01/46 (Pre-refunded 1/01/24) | 1/24 at 100.00 | Aa3 (7) | 4,146,112 | ||
77,282 | Total Minnesota | 81,756,825 | ||||
Mississippi – 0.4% | ||||||
1,290 | Mississippi Business Finance Corporation, Revenue Bonds, System Energy Resources, Inc Project, Refunding Series 2021, 2.375%, 6/01/44 (UB) (4) | 6/26 at 100.00 | A | 1,280,660 | ||
5,000 | Mississippi Development Bank, Special Obligation Bonds, Gulfport Water and Sewer System Project, Series 2005, 5.250%, 7/01/24 – AGM Insured (ETM) | No Opt. Call | AA (7) | 5,425,050 | ||
1,000 | Mississippi State, Gaming Tax Revenue Bonds, Series 2015E, 5.000%, 10/15/35 | 10/25 at 100.00 | A+ | 1,151,970 | ||
Mississippi State, Gaming Tax Revenue Bonds, Series 2019A: | ||||||
3,255 | 5.000%, 10/15/31 | 10/28 at 100.00 | A+ | 4,055,307 | ||
2,415 | 5.000%, 10/15/32 | 10/28 at 100.00 | A+ | 3,002,763 | ||
1,030 | 5.000%, 10/15/33 | 10/28 at 100.00 | A+ | 1,277,149 | ||
2,450 | 5.000%, 10/15/36 | 10/28 at 100.00 | A+ | 3,018,571 | ||
7,000 | 4.000%, 10/15/38 | 10/28 at 100.00 | A+ | 7,997,080 | ||
3,430 | University of Mississippi Educational Building Corporation, Revenue Bonds, Facilities Refinancing Project, Refunding Series 2019A, 3.000%, 10/01/34 | 10/29 at 100.00 | Aa2 | 3,706,595 | ||
26,870 | Total Mississippi | 30,915,145 | ||||
Missouri – 3.1% | ||||||
3,185 | Bi-State Development Agency, Missouri, Bi-State MetroLink District, St Clair County Metrolink Extension Project Bonds, Refunding Series 2006, 5.250%, 7/01/27 – AGM Insured | No Opt. Call | AA | 3,971,377 | ||
Cape Girardeau County Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Southeasthealth, Series 2021: | ||||||
645 | 4.000%, 3/01/41 | 3/31 at 100.00 | BBB- | 726,186 | ||
2,005 | 3.000%, 3/01/46 | 3/31 at 100.00 | BBB- | 2,025,070 | ||
530 | 4.000%, 3/01/46 | 3/31 at 100.00 | BBB- | 589,800 | ||
2,500 | Jackson County Reorganized School District 4, Blue Springs, Missouri, General Obligation Bonds, School Building Series 2018A, 6.000%, 3/01/38 | 3/29 at 100.00 | AA+ | 3,329,075 | ||
5,000 | Kansas City Industrial Development Authority, Missouri, Airport Special Obligation Bonds, Kansas City International Airport Terminal Modernization Project, Series 2019A, 5.000%, 3/01/44 (AMT) | 3/29 at 100.00 | A2 | 6,056,100 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Missouri (continued) | ||||||
Kansas City Industrial Development Authority, Missouri, Airport Special Obligation Bonds, Kansas City International Airport Terminal Modernization Project, Series 2019B: | ||||||
$ 18,000 | 5.000%, 3/01/46 (AMT) | 3/29 at 100.00 | A2 | $21,731,580 | ||
42,615 | 5.000%, 3/01/54 (AMT) | 3/29 at 100.00 | A2 | 51,075,356 | ||
2,475 | 5.000%, 3/01/55 – AGM Insured (AMT) | 3/29 at 100.00 | AA | 2,977,648 | ||
15,000 | Missouri Environmental Improvement and Energy Resources Authority, Revenue Bonds, Union Electric Company Project, Series 1998B, 2.900%, 9/01/33 | 7/27 at 102.00 | A | 16,102,500 | ||
8,935 | Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, BJC Health System, Series 2015A, 4.000%, 1/01/45 | 1/25 at 100.00 | AA | 9,665,347 | ||
11,000 | Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, BJC Health System, Series 2021A, 3.000%, 7/01/51 (UB) (4) | 7/31 at 100.00 | AA | 11,567,270 | ||
Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Mercy Health, Series 2020: | ||||||
5,000 | 4.000%, 6/01/50 | 6/30 at 100.00 | A+ | 5,725,600 | ||
18,620 | 3.000%, 6/01/53 (UB) (4) | 6/30 at 100.00 | A+ | 19,365,731 | ||
35,000 | 4.000%, 6/01/53 (UB) (4) | 6/30 at 100.00 | A+ | 39,992,050 | ||
7,416 | Missouri Housing Development Commission, Single Family Mortgage Revenue Bonds, First Place Homeownership Loan Program, Series 2016D, 3.400%, 11/01/46 | 11/25 at 100.00 | AA+ | 7,859,942 | ||
2,840 | Missouri Housing Development Commission, Single Family Mortgage Revenue Bonds, First Place Homeownership Loan Program, Series 2017C, 3.300%, 12/01/47 | 2/27 at 100.00 | AA+ | 3,018,244 | ||
2,250 | Missouri Joint Municipal Electric Utility Commission, Power Project Revenue Bonds, Plum Point Project, Refunding Series 2014A, 5.000%, 1/01/28 | 1/25 at 100.00 | A | 2,548,485 | ||
15,100 | Missouri Joint Municipal Electric Utility Commission, Power Project Revenue Bonds, Plum Point Project, Refunding Series 2015A, 4.000%, 1/01/35 | 1/26 at 100.00 | A | 16,643,371 | ||
Saint Louis Municipal Finance Corporation, Missouri, Leasehold Revenue Bonds, Convention Center, Expansion & Improvement Projects Series 2020: | ||||||
2,500 | 5.000%, 10/01/40 – AGM Insured (UB) (4) | 10/30 at 100.00 | AA | 3,127,275 | ||
1,190 | 5.000%, 10/01/45 – AGM Insured (UB) (4) | 10/30 at 100.00 | AA | 1,465,866 | ||
5,770 | 5.000%, 10/01/49 – AGM Insured (UB) (4) | 10/30 at 100.00 | AA | 7,048,113 | ||
Saint Louis Municipal Finance Corporation, Missouri, Leasehold Revenue Bonds, Convention Center, Series 2010A: | ||||||
5,000 | 0.000%, 7/15/31 – AGC Insured | No Opt. Call | AA | 3,985,900 | ||
7,000 | 0.000%, 7/15/32 – AGC Insured | No Opt. Call | AA | 5,408,130 | ||
6,250 | 0.000%, 7/15/33 – AGC Insured | No Opt. Call | AA | 4,673,562 | ||
7,000 | 0.000%, 7/15/34 – AGC Insured | No Opt. Call | AA | 5,058,550 | ||
6,000 | 0.000%, 7/15/35 – AGC Insured | No Opt. Call | AA | 4,193,940 | ||
2,000 | 0.000%, 7/15/36 – AGC Insured | No Opt. Call | AA | 1,347,740 | ||
1,288 | Saint Louis, Missouri, Tax Increment Financing Revenue Bonds, Fashion Square Redevelopment Project, Series 2008A, 6.300%, 8/22/26 | 3/22 at 100.00 | N/R | 515,200 | ||
1,349 | Saint Louis, Missouri, Tax Increment Financing Revenue Notes, Marquette Building Redevelopment Project, Series 2008-A, 6.500%, 1/23/28 | 11/21 at 100.00 | N/R | 700,509 | ||
243,463 | Total Missouri | 262,495,517 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Montana – 0.2% | ||||||
$ 1,910 | Montana Facility Finance Authority, Healthcare Facility Revenue Bonds, Kalispell Regional Medical Center, Series 2018B, 5.000%, 7/01/43 | 7/28 at 100.00 | BBB | $2,222,992 | ||
2,505 | Montana Facility Finance Authority, Montana, Health Facilities Reveue Bonds, Bozeman Deaconess Health Services Obligated Group, Series 2018, 5.000%, 6/01/48 | 6/28 at 100.00 | A | 2,986,636 | ||
9,130 | Montana Facility Finance Authority, Revenue Bonds, Billings Clinic Obligated Group, Series 2018A, 5.000%, 8/15/48 | 8/28 at 100.00 | AA- | 11,060,447 | ||
13,545 | Total Montana | 16,270,075 | ||||
Nebraska – 0.7% | ||||||
3,075 | Central Plains Energy Project, Nebraska, Gas Project 3 Revenue Bonds, Refunding Crossover Series 2017A, 5.000%, 9/01/30 | No Opt. Call | A | 3,912,322 | ||
4,000 | Central Plains Energy Project, Nebraska, Gas Project 3 Revenue Bonds, Series 2012, 5.000%, 9/01/42 | 9/22 at 100.00 | A2 | 4,169,120 | ||
1,740 | Douglas County Hospital Authority 2, Nebraska, Health Facilities Revenue Bonds, Nebraska Methodist Health System, Refunding Series 2015, 5.000%, 11/01/45 | 11/25 at 100.00 | A | 1,981,147 | ||
1,590 | Douglas County, Nebraska, Educational Facilities Revenue Bonds, Creighton University Projects, Series 2021A, 3.000%, 7/01/51 (UB) (4) | 1/32 at 100.00 | A2 | 1,663,919 | ||
Omaha Public Power District, Nebraska, Separate Electric System Revenue Bonds, Nebraska City 2, Refunding Series 2016A: | ||||||
18,465 | 5.000%, 2/01/46 (UB) (4) | 2/26 at 100.00 | A+ | 21,322,459 | ||
10,000 | 5.000%, 2/01/49 (UB) (4) | 2/26 at 100.00 | A+ | 11,513,000 | ||
10,000 | University of Nebraska Facilities Corporation, Nebraska, Facilities Program Bonds, Green Series 2021B, 3.000%, 7/15/54 (UB) (4) | 7/31 at 100.00 | Aa1 | 10,446,400 | ||
7,500 | University of Nebraska Facilities Corporation, Nebraska, Facilities Program Bonds, Series 2021A, 4.000%, 7/15/62 (UB) (4) | 7/31 at 100.00 | Aa1 | 8,672,775 | ||
56,370 | Total Nebraska | 63,681,142 | ||||
Nevada – 0.8% | ||||||
Carson City, Nevada, Hospital Revenue Bonds, Carson Tahoe Regional Healthcare Project, Series 2017A: | ||||||
265 | 5.000%, 9/01/29 | 9/27 at 100.00 | A- | 320,303 | ||
750 | 5.000%, 9/01/30 | 9/27 at 100.00 | A- | 901,463 | ||
730 | 5.000%, 9/01/32 | 9/27 at 100.00 | A- | 872,430 | ||
1,965 | 5.000%, 9/01/42 | 9/27 at 100.00 | A- | 2,330,647 | ||
1,150 | 5.000%, 9/01/47 | 9/27 at 100.00 | A- | 1,362,393 | ||
13,600 | Clark County, Nevada, General Obligation Bonds, Stadium Improvement, Limited Tax Additionally Secured by Pledged Revenues, Series 2018A, 5.000%, 5/01/48 | 6/28 at 100.00 | AA+ | 16,318,504 | ||
5,000 | Clark County, Nevada, Passenger Facility Charge Revenue Bonds, Las Vegas-McCarran International Airport, Refunding Series 2019E, 5.000%, 7/01/30 | 7/29 at 100.00 | Aa3 | 6,410,750 | ||
4,765 | Director of Nevada State Department of Business & Industry, Environmental Improvement Revenue Bonds, Fulcrum Sierra Holdings LLC, Green Series 2019, 5.750%, 2/15/38, 144A (AMT) | 8/29 at 100.00 | N/R | 4,779,533 | ||
2,515 | Henderson Public Improvement Trust, Nevada, Revenue Bonds, Touro College and Unversity System, Series 2014A, 5.500%, 1/01/34 | 7/24 at 100.00 | BBB- | 2,761,344 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Nevada (continued) | ||||||
Henderson, Nevada, Limited Obligation Bonds, Local Improvement District T-18 Inspirada, Refunding Series 2016: | ||||||
$ 1,125 | 4.000%, 9/01/25 | No Opt. Call | N/R | $1,219,253 | ||
1,800 | 4.000%, 9/01/35 | 9/26 at 100.00 | N/R | 1,909,188 | ||
2,500 | Las Vegas Convention and Visitors Authority, Nevada, Convention Center Expansion Revenue Bonds, Series 2018B, 4.000%, 7/01/49 | 7/28 at 100.00 | Aa3 | 2,786,525 | ||
20,000 | Las Vegas Valley Water District, Nevada, General Obligation Bonds, Refunding Water Improvement Series 2016A, 5.000%, 6/01/46 (UB) (4) | 6/26 at 100.00 | Aa1 | 23,409,200 | ||
Las Vegas, Nevada, Local Improvement Bonds, Special Improvement District 607 Providence, Refunding Series 2013: | ||||||
260 | 5.000%, 6/01/23 | No Opt. Call | N/R | 275,860 | ||
200 | 4.250%, 6/01/24 | 6/23 at 103.00 | N/R | 214,408 | ||
1,675 | Las Vegas, Nevada, Local Improvement Bonds, Special Improvement District 812 Summerlin Village 24, Series 2015, 5.000%, 12/01/31 | 12/25 at 100.00 | N/R | 1,847,341 | ||
1,765 | Las Vegas, Nevada, Local Improvement Bonds, Special Improvement District 816 Summerlin Village 22, Series 2021, 3.000%, 6/01/41 | 6/31 at 100.00 | N/R | 1,791,634 | ||
Sparks, Nevada, Sales Tax Revenue Bonds, Tourism Improvement District 1 Legends at Sparks Marina, Refunding Senior Series 2019A: | ||||||
330 | 2.500%, 6/15/24, 144A | No Opt. Call | Ba2 | 335,336 | ||
790 | 2.750%, 6/15/28, 144A | No Opt. Call | Ba2 | 817,579 | ||
61,185 | Total Nevada | 70,663,691 | ||||
New Hampshire – 0.6% | ||||||
8,625 | National Finance Authority, New Hampshire, Municipal Certificates Series 2020-1 Class A, 4.125%, 1/20/34 | No Opt. Call | BBB | 10,263,350 | ||
8,170 | National Finance Authority, New Hampshire, Resource Recovery Revenue Bonds, Covanta Project, Refunding Series 2018C, 4.875%, 11/01/42, 144A (AMT) | 7/23 at 100.00 | B1 | 8,561,180 | ||
4,420 | National Finance Authority, New Hampshire, Resource Recovery Revenue Bonds, Covanta Project, Refunding Series 2020B, 3.750%, 7/01/45 (Mandatory Put 7/02/40), 144A (AMT) | 7/25 at 100.00 | B1 | 4,679,366 | ||
New Hampshire Health and Education Facilities Authority, Revenue Bonds, Dartmouth-Hitchcock Obligated Group, Series 2018A: | ||||||
1,000 | 5.000%, 8/01/34 | 2/28 at 100.00 | A | 1,223,960 | ||
725 | 5.000%, 8/01/36 | 2/28 at 100.00 | A | 884,971 | ||
17,040 | New Hampshire Health and Education Facilities Authority, Revenue Bonds, Dartmouth-Hitchcock Obligated Group, Series 2020A, 5.000%, 8/01/59 | No Opt. Call | A | 26,386,099 | ||
39,980 | Total New Hampshire | 51,998,926 | ||||
New Jersey – 3.5% | ||||||
4,510 | Camden County Improvement Authority, New Jersey, Health Care Redevelopment Revenue Bonds, Cooper Health System Obligated Group Issue, Series 2013A, 5.750%, 2/15/42 | 2/23 at 100.00 | BBB+ | 4,772,211 | ||
5,500 | Delaware River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Series 2018A, 5.000%, 1/01/39 | 1/29 at 100.00 | A+ | 6,805,205 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey (continued) | ||||||
Essex County Improvement Authority, New Jersey, Friends of TEAM Charter Schools Inc -2021 Project, Social Series 2021: | ||||||
$ 1,100 | 4.000%, 6/15/51 | 6/31 at 100.00 | BBB | $1,217,634 | ||
3,030 | 4.000%, 6/15/56 | 6/31 at 100.00 | BBB | 3,340,424 | ||
1,335 | Manalapan-Englishtown Regional Board of Education, New Jersey, General Obligation Bonds, Series 2004, 5.750%, 12/01/21 – FGIC Insured | No Opt. Call | A3 | 1,346,494 | ||
3,215 | New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge, Refunding Series 2017A, 4.000%, 7/01/34 | 7/27 at 100.00 | Baa3 | 3,598,132 | ||
9,090 | New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2016AAA, 5.500%, 6/15/29 | 12/26 at 100.00 | Baa1 | 11,137,704 | ||
New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2019LLL: | ||||||
5,500 | 5.000%, 6/15/36 | 12/29 at 100.00 | Baa1 | 6,895,845 | ||
5,000 | 5.000%, 6/15/49 | 12/29 at 100.00 | Baa1 | 6,118,300 | ||
New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2019MMM: | ||||||
1,155 | 5.000%, 6/15/34 | 12/29 at 100.00 | Baa1 | 1,454,549 | ||
2,580 | 4.000%, 6/15/35 | 12/29 at 100.00 | Baa1 | 3,001,778 | ||
1,665 | 4.000%, 6/15/36 | 12/29 at 100.00 | Baa1 | 1,931,250 | ||
New Jersey Economic Development Authority, School Facilities Construction Bonds, Social Series 2021QQQ: | ||||||
4,735 | 4.000%, 6/15/46 | 12/30 at 100.00 | Baa1 | 5,432,323 | ||
3,875 | 4.000%, 6/15/50 | 12/30 at 100.00 | Baa1 | 4,432,768 | ||
New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental Airlines Inc, Series 1999: | ||||||
530 | 5.125%, 9/15/23 (AMT) | 8/22 at 101.00 | Ba3 | 553,352 | ||
1,650 | 5.250%, 9/15/29 (AMT) | 8/22 at 101.00 | Ba3 | 1,720,158 | ||
2,255 | New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental Airlines Inc, Series 2000A & 2000B, 5.625%, 11/15/30 (AMT) | 3/24 at 101.00 | Ba3 | 2,489,204 | ||
1,640 | New Jersey Educational Facilities Authority, Revenue Bonds, Stevens Institute of Technology Issue, Green Series 2020A, 4.000%, 7/01/50 | 7/30 at 100.00 | BBB+ | 1,852,167 | ||
New Jersey Health Care Facilities Authority, Revenue Bonds, Atlanticare Health System Obligated Group Issue, Series 2021: | ||||||
2,500 | 3.000%, 7/01/38 | 7/31 at 100.00 | AA- | 2,671,900 | ||
2,660 | 3.000%, 7/01/40 | 7/31 at 100.00 | AA- | 2,822,845 | ||
4,780 | 3.000%, 7/01/51 | 7/31 at 100.00 | AA- | 4,971,582 | ||
1,000 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Princeton HealthCare System, Series 2016A, 5.000%, 7/01/31 | 7/26 at 100.00 | AA | 1,199,910 | ||
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, RWJ Barnabas Health Obligated Group, Series 2021A: | ||||||
19,460 | 3.000%, 7/01/51 | 7/31 at 100.00 | AA- | 20,205,902 | ||
1,250 | 4.000%, 7/01/51 | 7/31 at 100.00 | AA- | 1,451,900 | ||
4,500 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph's Healthcare System Obligated Group Issue, Refunding Series 2016, 4.000%, 7/01/48 | 7/26 at 100.00 | BBB- | 4,915,665 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey (continued) | ||||||
$ 1,460 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, University Hospital Issue, Refunding Series 2015A, 5.000%, 7/01/46 – AGM Insured | 7/25 at 100.00 | AA | $1,668,152 | ||
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Valley Health System Obligated Group, Series 2019: | ||||||
3,950 | 4.000%, 7/01/37 | 7/29 at 100.00 | A+ | 4,606,767 | ||
1,030 | 4.000%, 7/01/44 | 7/29 at 100.00 | A+ | 1,178,897 | ||
New Jersey State, General Obligation Bonds, Covid-19 Emergency Series 2020A: | ||||||
10,565 | 5.000%, 6/01/28 | No Opt. Call | A3 | 13,262,456 | ||
6,655 | 5.000%, 6/01/29 | No Opt. Call | A3 | 8,523,125 | ||
10,650 | 4.000%, 6/01/30 | No Opt. Call | A3 | 12,990,337 | ||
3,715 | 4.000%, 6/01/31 | No Opt. Call | A3 | 4,568,298 | ||
6,380 | 3.000%, 6/01/32 | No Opt. Call | A3 | 7,177,181 | ||
4,925 | 4.000%, 6/01/32 | No Opt. Call | A3 | 6,121,283 | ||
New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement Revenue Notes, Series 2018A: | ||||||
1,475 | 5.000%, 6/15/30 | 6/26 at 100.00 | A+ | 1,736,016 | ||
1,035 | 5.000%, 6/15/31 | 6/26 at 100.00 | A+ | 1,214,293 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Forward Delivery Series 2022A: | ||||||
2,670 | 4.000%, 6/15/38 (WI/DD, Settling 4/27/22) | 6/32 at 100.00 | Baa1 | 3,072,155 | ||
2,315 | 4.000%, 6/15/39 (WI/DD, Settling 4/27/22) | 6/32 at 100.00 | Baa1 | 2,655,305 | ||
2,500 | 4.000%, 6/15/40 (WI/DD, Settling 4/27/22) | 6/32 at 100.00 | Baa1 | 2,860,250 | ||
2,285 | 4.000%, 6/15/41 (WI/DD, Settling 4/27/22) | 6/32 at 100.00 | Baa1 | 2,607,642 | ||
1,880 | 4.000%, 6/15/42 (WI/DD, Settling 4/27/22) | 6/32 at 100.00 | Baa1 | 2,138,218 | ||
19,550 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2014AA, 5.000%, 6/15/38 | 6/24 at 100.00 | Baa1 | 21,614,089 | ||
4,500 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2015AA, 5.250%, 6/15/41 | 6/25 at 100.00 | Baa1 | 5,177,925 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019BB: | ||||||
5,500 | 5.000%, 6/15/44 | 12/28 at 100.00 | Baa1 | 6,720,010 | ||
4,000 | 5.000%, 6/15/50 | 12/28 at 100.00 | Baa1 | 4,863,080 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2020AA: | ||||||
4,785 | 4.000%, 6/15/45 | 12/30 at 100.00 | Baa1 | 5,496,769 | ||
15,230 | 3.000%, 6/15/50 (UB) (4) | 12/30 at 100.00 | Baa1 | 15,649,282 | ||
680 | 4.000%, 6/15/50 | 12/30 at 100.00 | Baa1 | 777,879 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2021A: | ||||||
2,120 | 4.000%, 6/15/34 | 6/31 at 100.00 | Baa1 | 2,522,652 | ||
1,815 | 4.000%, 6/15/35 | 6/31 at 100.00 | Baa1 | 2,153,643 | ||
2,090 | 4.000%, 6/15/36 | 6/31 at 100.00 | Baa1 | 2,470,819 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey (continued) | ||||||
$ 3,175 | New Jersey Turnpike Authority, Revenue Bonds, Series 2005A, 5.250%, 1/01/26 – AGM Insured | No Opt. Call | AA | $3,804,825 | ||
1,760 | North Hudson Sewerage Authority, New Jersey, Gross Revenue Lease Certificates, Senior Lien Series 2012A, 5.000%, 6/01/23 (Pre-refunded 6/01/22) | 6/22 at 100.00 | N/R (7) | 1,816,496 | ||
South Jersey Transportation Authority, New Jersey, Transportation System Revenue Bonds, Series 2020A: | ||||||
1,160 | 5.000%, 11/01/41 – BAM Insured | 11/30 at 100.00 | AA | 1,456,148 | ||
600 | 5.000%, 11/01/45 | 11/30 at 100.00 | BBB+ | 738,030 | ||
6,250 | 4.000%, 11/01/50 | 11/30 at 100.00 | BBB+ | 7,059,125 | ||
South Jersey Transportation Authority, New Jersey, Transportation System Revenue Bonds, Subordinate Series 2020A: | ||||||
1,250 | 5.000%, 11/01/45 – BAM Insured | 11/30 at 100.00 | AA | 1,552,675 | ||
1,100 | 4.000%, 11/01/50 – BAM Insured | 11/30 at 100.00 | AA | 1,263,669 | ||
26,165 | Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B, 5.000%, 6/01/46 | 6/28 at 100.00 | BB+ | 30,678,201 | ||
259,735 | Total New Jersey | 298,534,894 | ||||
New Mexico – 0.1% | ||||||
3,915 | Los Ranchos de Albuquerque, New Mexico, Educational Facilities Revenue Bonds, Albuquerque Acadamy Project, Refunding Series 2020, 4.000%, 9/01/40 | 9/30 at 100.00 | A- | 4,466,937 | ||
1,000 | New Mexico Mortgage Finance Authority, Single Family Mortgage Program Bonds, Class 1 Series 2021C, 2.350%, 7/01/51 | 7/30 at 100.00 | Aaa | 949,860 | ||
4,915 | Total New Mexico | 5,416,797 | ||||
New York – 18.5% | ||||||
11,125 | Brooklyn Arena Local Development Corporation, New York, Payment in Lieu of Taxes Revenue Bonds, Barclays Center Project, Refunding Series 2016A, 5.000%, 7/15/42 | 1/27 at 100.00 | Ba1 | 12,879,857 | ||
4,880 | Brooklyn Arena Local Development Corporation, New York, Payment in Lieu of Taxes Revenue Bonds, Barclays Center Project, Series 2009, 0.000%, 7/15/33 | No Opt. Call | Ba1 | 3,641,700 | ||
Buffalo and Erie County Industrial Land Development Corporation, New York, Revenue Bonds, Charter School for Applied Technologies, Series 2017A: | ||||||
500 | 4.500%, 6/01/27 | 6/24 at 103.00 | BBB | 555,810 | ||
250 | 5.000%, 6/01/35 | 6/24 at 103.00 | BBB | 277,453 | ||
1,440 | Buffalo and Fort Erie Public Bridge Authority, New York, Toll Bridge System Revenue Bonds, Series 2017, 5.000%, 1/01/47 | 1/27 at 100.00 | A+ | 1,701,821 | ||
2,500 | Build New York City Resource Corporation, New York, Revenue Bonds, Manhattan College, Series 2017, 5.000%, 8/01/47 | 8/27 at 100.00 | A- | 2,955,500 | ||
2,310 | Build NYC Resource Corporation, New York, Revenue Bonds, Albert Einstein College of Medicine, Inc, Series 2015, 5.500%, 9/01/45, 144A | 9/25 at 100.00 | N/R | 2,606,881 | ||
Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter School, Series 2020A-1: | ||||||
1,790 | 5.250%, 6/01/40, 144A | 12/30 at 100.00 | N/R | 1,842,322 | ||
4,800 | 5.500%, 6/01/55, 144A | 12/30 at 100.00 | N/R | 4,935,168 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter School, Series 2020C-1: | ||||||
$ 1,300 | 5.000%, 6/01/40, 144A | 12/30 at 100.00 | N/R | $1,388,504 | ||
3,035 | 5.000%, 6/01/55, 144A | 12/30 at 100.00 | N/R | 3,180,194 | ||
30,000 | Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General Purpose, Series 2021B, 4.000%, 3/15/47 | 3/31 at 100.00 | AA+ | 34,747,500 | ||
3,500 | Dormitory Authority of the State of New York, Revenue Bonds, Catholic Health System Obligated Group Series 2019A, 4.000%, 7/01/45 | 7/29 at 100.00 | BBB | 3,916,850 | ||
8,145 | Dormitory Authority of the State of New York, Revenue Bonds, Icahn School of Medicine at Mount Sinai, Refunding Series 2015A, 5.000%, 7/01/45 | 7/25 at 100.00 | A- | 9,219,407 | ||
3,930 | Dormitory Authority of the State of New York, Revenue Bonds, Interagency Council Pooled Loan Program, Series 2020A-1, 4.000%, 7/01/35 | 7/30 at 100.00 | Aa3 | 4,438,070 | ||
7,595 | Dormitory Authority of the State of New York, Revenue Bonds, NYU Langone Hospitals Obligated Group, Series 2020A, 4.000%, 7/01/50 | 7/30 at 100.00 | A | 8,739,491 | ||
Dormitory Authority of the State of New York, Revenue Bonds, Orange Regional Medical Center Obligated Group, Series 2017: | ||||||
100 | 5.000%, 12/01/34, 144A | 6/27 at 100.00 | BBB- | 119,329 | ||
300 | 5.000%, 12/01/36, 144A | 6/27 at 100.00 | BBB- | 356,958 | ||
2,790 | Dormitory Authority of the State of New York, Revenue Bonds, School Districts Financing Program, Series 2019A, 5.000%, 10/01/33 | 10/27 at 100.00 | AA- | 3,413,453 | ||
4,450 | Dormitory Authority of the State of New York, Revenue Bonds, State University of New York Dormitory Facilities, Series 2018A, 5.000%, 7/01/43 | 7/28 at 100.00 | Aa3 | 5,392,199 | ||
Dormitory Authority of the State of New York, Revenue Bonds, Teachers College, Series 2017: | ||||||
500 | 5.000%, 7/01/29 | 7/27 at 100.00 | A+ | 611,380 | ||
175 | 5.000%, 7/01/32 | 7/27 at 100.00 | A+ | 212,807 | ||
7,500 | Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General Purpose Series 2015E, 3.250%, 3/15/35 | 9/23 at 100.00 | AA+ | 7,869,525 | ||
13,500 | Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General Purpose, Series 2019D, 4.000%, 2/15/39 | 2/30 at 100.00 | AA+ | 15,904,485 | ||
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General Purpose, Series 2020A Bidding Group 1 thru 5: | ||||||
12,500 | 3.000%, 3/15/42 | 9/30 at 100.00 | AA+ | 13,288,875 | ||
3,000 | 3.000%, 3/15/49 (UB) (4) | 9/30 at 100.00 | AA+ | 3,145,770 | ||
15,000 | 3.000%, 3/15/50 (UB) (4) | 9/30 at 100.00 | AA+ | 15,703,950 | ||
4,850 | Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General Purpose, Series 2021A, 3.000%, 3/15/42 (UB) (4) | 3/31 at 100.00 | AA+ | 5,171,507 | ||
14,000 | Dormitory Authority of the State of New York, State Sales Tax Revenue Bonds, Series 2018A, 5.000%, 3/15/38 | 3/28 at 100.00 | AA+ | 17,231,060 | ||
Dormitory Authority of the State of New York, State Sales Tax Revenue Bonds, Series 2018C: | ||||||
8,000 | 5.000%, 3/15/36 | 3/28 at 100.00 | AA+ | 9,887,040 | ||
10,000 | 5.000%, 3/15/37 | 3/28 at 100.00 | AA+ | 12,330,800 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
Hempstead Town Local Development Corporation, New York, Education Revenue Bonds, The Academy Charter School Project, Refunding Series 2020B: | ||||||
$ 1,115 | 4.760%, 2/01/27 | No Opt. Call | N/R | $1,161,830 | ||
1,255 | 5.570%, 2/01/41 | 2/30 at 100.00 | N/R | 1,417,648 | ||
1,365 | Hempstead Town Local Development Corporation, New York, Education Revenue Bonds, The Academy Charter School Project, Series 2017A, 6.240%, 2/01/47 | 2/27 at 100.00 | N/R | 1,539,597 | ||
1,000 | Hempstead Town Local Development Corporation, New York, Education Revenue Bonds, The Academy Charter School Project, Series 2020A, 5.530%, 2/01/40 | 2/30 at 100.00 | N/R | 1,129,230 | ||
Hempstead Town Local Development Corporation, New York, Education Revenue Bonds, The Academy Charter School Project, Series 2021A: | ||||||
475 | 4.050%, 2/01/31 | 2/30 at 100.00 | A2 | 481,750 | ||
885 | 4.450%, 2/01/41 | 2/30 at 100.00 | A2 | 897,248 | ||
1,560 | 4.600%, 2/01/51 | 2/30 at 100.00 | A2 | 1,577,113 | ||
130 | Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012 Series 2011A, 5.750%, 2/15/47 | 11/21 at 100.00 | AA- | 130,547 | ||
5,320 | Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds Series 2007, 5.500%, 10/01/37 | No Opt. Call | A2 | 7,831,466 | ||
6,500 | Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2017, 5.000%, 9/01/42 | 9/27 at 100.00 | A | 7,843,550 | ||
1,235 | Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2021, 3.000%, 9/01/40 | 9/31 at 100.00 | A | 1,323,093 | ||
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green Climate Bond Certified Series 2020C-1: | ||||||
11,000 | 4.750%, 11/15/45 (UB) (4) | 5/30 at 100.00 | A3 | 12,917,300 | ||
9,015 | 5.000%, 11/15/50 (UB) (4) | 5/30 at 100.00 | A3 | 10,805,649 | ||
4,000 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green Climate Bond Certified Series 2020D-3, 4.000%, 11/15/49 (UB) (4) | 11/30 at 100.00 | A3 | 4,443,440 | ||
4,000 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2014B, 5.250%, 11/15/32 | 5/24 at 100.00 | A3 | 4,434,760 | ||
17,750 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2015A-2, 5.000%, 11/15/45 (Mandatory Put 5/15/30) (UB) (4) | No Opt. Call | A3 | 22,565,220 | ||
15,290 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2015C-1, 5.000%, 11/15/35 (UB) (4) | 11/25 at 100.00 | A3 | 17,508,273 | ||
Monroe County Industrial Development Corporation, New York, Revenue Bonds, University of Rochester Project, Series 2017A: | ||||||
1,400 | 5.000%, 7/01/34 | 7/27 at 100.00 | AA- | 1,710,296 | ||
1,000 | 5.000%, 7/01/36 | 7/27 at 100.00 | AA- | 1,217,120 | ||
1,000 | 5.000%, 7/01/37 | 7/27 at 100.00 | AA- | 1,215,260 | ||
7,100 | Monroe County Industrial Development Corporation, New York, Revenue Bonds, Rochester General Hospital Project, Series 2017, 5.000%, 12/01/46 | 12/26 at 100.00 | BBB+ | 8,098,544 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | �� | |||||
Monroe County Industrial Development Corporation, New York, Revenue Bonds, Rochester Regional Health Project, Series 2020A: | ||||||
$ 1,685 | 3.000%, 12/01/37 | 12/30 at 100.00 | BBB+ | $1,796,446 | ||
1,000 | 3.000%, 12/01/40 | 12/30 at 100.00 | BBB+ | 1,046,120 | ||
1,880 | 4.000%, 12/01/46 | 12/30 at 100.00 | BBB+ | 2,129,645 | ||
Monroe County Industrial Development Corporation, New York, Revenue Bonds, Saint Ann's Community Project, Series 2019: | ||||||
1,055 | 4.000%, 1/01/30 | 1/26 at 103.00 | N/R | 1,160,310 | ||
1,215 | 5.000%, 1/01/40 | 1/26 at 103.00 | N/R | 1,369,803 | ||
9,265 | Monroe County Industrial Development Corporation, New York, Tax-Exempt Revenue Bonds, Highland Hospital of Rochester Project, Series 2020, 3.000%, 7/01/50 (UB) (4) | 7/30 at 100.00 | A | 9,601,783 | ||
Nassau County Local Economic Assistance Corporation, New York, Revenue Bonds, Catholic Health Services of Long Island Obligated Group Project, Series 2014: | ||||||
235 | 5.000%, 7/01/23 | No Opt. Call | A- | 254,033 | ||
300 | 5.000%, 7/01/24 | No Opt. Call | A- | 336,114 | ||
210 | 5.000%, 7/01/26 | 7/24 at 100.00 | A- | 235,158 | ||
4,500 | New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, Tender Option Bond Trust 2021-XL0183, 2.450%, 11/01/45 (UB) (4) | 9/29 at 100.00 | N/R | 4,332,240 | ||
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bronx Parking Development Company, LLC Project, Series 2007: | ||||||
3,000 | 5.750%, 10/01/37 (8) | 11/21 at 100.00 | N/R | 2,400,000 | ||
1,000 | 5.875%, 10/01/46 (8) | 11/21 at 100.00 | N/R | 800,000 | ||
New York City Industrial Development Agency, New York, PILOT Payment in Lieu of Taxes Revenue Bonds, Queens Baseball Stadium Project, Refunding Series 2021A: | ||||||
1,645 | 3.000%, 1/01/40 – AGM Insured | 1/31 at 100.00 | AA | 1,762,321 | ||
600 | 3.000%, 1/01/46 – AGM Insured | 1/31 at 100.00 | AA | 629,280 | ||
6,450 | 3.000%, 1/01/46 – AGM Insured (UB) (4) | 1/31 at 100.00 | AA | 6,764,760 | ||
New York City Industrial Development Agency, New York, PILOT Payment in Lieu of Taxes Revenue Bonds, Yankee Stadium Project, Series 2020A: | ||||||
1,615 | 3.000%, 3/01/39 – AGM Insured (UB) (4) | 9/30 at 100.00 | AA | 1,738,548 | ||
1,155 | 3.000%, 3/01/40 – AGM Insured (UB) (4) | 9/30 at 100.00 | AA | 1,239,534 | ||
8,665 | 4.000%, 3/01/45 | 9/30 at 100.00 | AA | 9,770,394 | ||
9,840 | 4.000%, 3/01/45 – AGM Insured | 9/30 at 100.00 | AA | 11,307,931 | ||
2,635 | 3.000%, 3/01/49 – AGM Insured (UB) (4) | 9/30 at 100.00 | AA | 2,771,177 | ||
1,000 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2017 Series DD, 5.000%, 6/15/47 | 12/26 at 100.00 | AA+ | 1,198,160 | ||
5,000 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2017 Series EE, 5.000%, 6/15/37 | 6/27 at 100.00 | AA+ | 6,052,850 | ||
21,515 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2019 Series DD-2, 5.250%, 6/15/49 | 6/28 at 100.00 | AA+ | 27,037,470 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2019 Series FF-2: | ||||||
$ 9,760 | 4.000%, 6/15/37 | 6/29 at 100.00 | AA+ | $11,505,186 | ||
10,720 | 4.000%, 6/15/41 | 6/29 at 100.00 | AA+ | 12,516,243 | ||
5,200 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2020 Series CC-1, 4.000%, 6/15/40 | 12/29 at 100.00 | AA+ | 6,139,796 | ||
16,000 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2020 Series EE, 4.000%, 6/15/42 | 6/30 at 100.00 | AA+ | 18,669,920 | ||
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2020 Series GG-1: | ||||||
10,500 | 5.000%, 6/15/48 | 6/30 at 100.00 | AA+ | 13,173,825 | ||
9,375 | 4.000%, 6/15/50 | 6/30 at 100.00 | AA+ | 10,805,250 | ||
19,000 | 5.000%, 6/15/50 | 6/30 at 100.00 | AA+ | 23,763,680 | ||
10,125 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2021 Series BB-1, 4.000%, 6/15/50 | 12/30 at 100.00 | AA+ | 11,750,366 | ||
3,585 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2022 Series AA-1, 3.000%, 6/15/51 (UB) (4) | 6/31 at 100.00 | AA+ | 3,750,125 | ||
8,965 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2022 Series BB-1, 3.000%, 6/15/44 | 12/31 at 100.00 | AA+ | 9,501,645 | ||
3,000 | New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 2018 Series Subseries S-4A, 5.000%, 7/15/33 | 7/28 at 100.00 | AA | 3,746,280 | ||
5,000 | New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 2018, Series 2017S-1, 5.000%, 7/15/35 | 7/27 at 100.00 | AA | 6,084,250 | ||
22,000 | New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 2019 Subseries S-3A, 5.000%, 7/15/35 | 7/28 at 100.00 | AA | 27,386,480 | ||
13,000 | New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 2020 Subseries S-1B, 3.000%, 7/15/49 | 7/29 at 100.00 | AA | 13,688,870 | ||
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 2022 Subseries S-1A: | ||||||
2,460 | 4.000%, 7/15/34 | 7/31 at 100.00 | AA | 2,973,254 | ||
3,690 | 4.000%, 7/15/35 | 7/31 at 100.00 | AA | 4,442,243 | ||
3,075 | 4.000%, 7/15/36 | 7/31 at 100.00 | AA | 3,682,651 | ||
3,075 | 4.000%, 7/15/37 | 7/31 at 100.00 | AA | 3,664,385 | ||
1,540 | 4.000%, 7/15/40 | 7/31 at 100.00 | AA | 1,819,110 | ||
15,085 | New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal Series 2016S-1, 5.000%, 7/15/43 | 1/26 at 100.00 | AA | 17,654,428 | ||
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2019 Series A-1: | ||||||
12,000 | 5.000%, 8/01/40 | 8/28 at 100.00 | AAA | 14,842,080 | ||
7,220 | 5.000%, 8/01/42 | 8/28 at 100.00 | AAA | 8,891,141 | ||
7,000 | New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2020 Subseries A-3, 3.000%, 5/01/45 | 5/29 at 100.00 | AAA | 7,353,360 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
$ 5,000 | New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2021 Subseries C-1, 4.000%, 5/01/39 | 11/30 at 100.00 | AAA | $5,868,800 | ||
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2022 Subseries A-1: | ||||||
4,895 | 5.000%, 11/01/31 | No Opt. Call | AAA | 6,645,501 | ||
12,155 | 5.000%, 11/01/34 | 11/31 at 100.00 | AAA | 16,026,975 | ||
12,405 | 4.000%, 11/01/35 | 11/31 at 100.00 | AAA | 15,018,982 | ||
11,505 | 4.000%, 11/01/36 | 11/31 at 100.00 | AAA | 13,864,675 | ||
13,840 | 4.000%, 11/01/37 | 11/31 at 100.00 | AAA | 16,579,628 | ||
7,665 | 4.000%, 11/01/38 | 11/31 at 100.00 | AAA | 9,141,279 | ||
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2022 Subseries B-1: | ||||||
12,315 | 4.000%, 8/01/45 | 8/31 at 100.00 | AAA | 14,357,566 | ||
12,000 | 3.000%, 8/01/48 | 8/31 at 100.00 | AAA | 12,626,040 | ||
3,565 | 4.000%, 8/01/48 | 8/31 at 100.00 | AAA | 4,128,947 | ||
New York City Trust for Cultural Resources, New York, Revenue Bonds, Lincoln Center for the Performing Arts, Series 2020A: | ||||||
2,750 | 5.000%, 12/01/32 | 12/30 at 100.00 | A | 3,575,028 | ||
1,600 | 4.000%, 12/01/33 | 12/30 at 100.00 | A | 1,924,448 | ||
1,250 | 4.000%, 12/01/35 | 12/30 at 100.00 | A | 1,492,050 | ||
14,965 | New York City, New York, General Obligation Bonds, Fiscal 2018 Series E-1, 5.000%, 3/01/44 | 3/28 at 100.00 | AA | 17,994,814 | ||
New York City, New York, General Obligation Bonds, Fiscal 2018 Series F-1: | ||||||
7,000 | 5.000%, 4/01/39 | 4/28 at 100.00 | AA | 8,512,140 | ||
9,775 | 5.000%, 4/01/43 | 4/28 at 100.00 | AA | 11,792,169 | ||
5,000 | 5.000%, 4/01/45 | 4/28 at 100.00 | AA | 6,016,650 | ||
New York City, New York, General Obligation Bonds, Fiscal 2019 Series D-1: | ||||||
3,800 | 5.000%, 12/01/40 | 12/28 at 100.00 | AA | 4,686,426 | ||
13,695 | 5.000%, 12/01/44 | 12/28 at 100.00 | AA | 16,773,362 | ||
New York City, New York, General Obligation Bonds, Fiscal 2020 Series A-1: | ||||||
20,890 | 3.000%, 8/01/36 | 8/29 at 100.00 | AA | 22,698,238 | ||
20,000 | 4.000%, 8/01/44 | 8/29 at 100.00 | AA | 23,061,000 | ||
New York City, New York, General Obligation Bonds, Fiscal 2021 Series C: | ||||||
3,830 | 4.000%, 8/01/36 | 8/30 at 100.00 | AA | 4,552,989 | ||
5,145 | 4.000%, 8/01/37 | 8/30 at 100.00 | AA | 6,093,018 | ||
8,100 | 4.000%, 8/01/40 | 8/30 at 100.00 | AA | 9,508,266 | ||
8,590 | 4.000%, 8/01/41 | 8/30 at 100.00 | AA | 10,048,496 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
New York City, New York, General Obligation Bonds, Fiscal 2021 Series F-1: | ||||||
$ 3,350 | 3.000%, 3/01/35 | 3/31 at 100.00 | AA | $3,667,011 | ||
4,500 | 5.000%, 3/01/37 | 3/31 at 100.00 | AA | 5,759,685 | ||
3,500 | 5.000%, 3/01/39 | 3/31 at 100.00 | AA | 4,456,375 | ||
4,500 | 4.000%, 3/01/40 | 3/31 at 100.00 | AA | 5,257,845 | ||
15,940 | 3.000%, 3/01/51 | 3/31 at 100.00 | AA | 16,641,360 | ||
2,610 | 3.000%, 3/01/51 (UB) (4) | 3/31 at 100.00 | AA | 2,724,840 | ||
12,500 | New York City, New York, General Obligation Bonds, Fiscal 2022 Series A-1, 4.000%, 8/01/50 (UB) (4) | 8/31 at 100.00 | AA | 14,378,375 | ||
25,730 | New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade Center Project, Class 1 Series 2014, 5.000%, 11/15/44, 144A | 11/24 at 100.00 | N/R | 28,195,449 | ||
1,000 | New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade Center Project, Class 2 Series 2014, 5.150%, 11/15/34, 144A | 11/24 at 100.00 | N/R | 1,116,450 | ||
3,100 | New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 4 World Trade Center Project, Refunding Green Series 2021A, 3.000%, 11/15/51 (UB) (4) | 11/31 at 100.00 | A | 3,167,177 | ||
6,235 | New York Liberty Development Corporation, New York, Liberty Revenue Bonds, Bank of America Tower at One Bryant Park Project, Second Priority Refunding Series 2019 Class 1, 2.450%, 9/15/69 | 3/29 at 100.00 | Aa2 | 6,462,141 | ||
1,000 | New York Liberty Development Corporation, New York, Liberty Revenue Bonds, Bank of America Tower at One Bryant Park Project, Second Priority Refunding Series 2019 Class 2, 2.625%, 9/15/69 | 3/29 at 100.00 | A2 | 1,023,270 | ||
2,465 | New York Liberty Development Corporation, New York, Liberty Revenue Bonds, Bank of America Tower at One Bryant Park Project, Second Priority Refunding Series 2019 Class 3, 2.800%, 9/15/69 | 3/29 at 100.00 | Baa2 | 2,506,782 | ||
New York State Environmental Facilities Corporation, State Clean Water and Drinking Water Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority Projects-Second Resolution Bonds,: | ||||||
9,015 | 3.000%, 6/15/38 | 6/29 at 100.00 | AAA | 9,869,802 | ||
24,465 | 5.000%, 6/15/42 | 6/27 at 100.00 | AAA | 29,616,840 | ||
15,000 | 5.000%, 6/15/46 | 6/27 at 100.00 | AAA | 18,168,450 | ||
7,820 | 5.000%, 6/15/48 | 6/28 at 100.00 | AAA | 9,596,469 | ||
20,000 | New York State Power Authority, General Revenue Bonds, Series 2020A, 4.000%, 11/15/50 | 5/30 at 100.00 | AA | 23,230,200 | ||
10,000 | New York State Thruway Authority, 3.000%, 3/15/48 (UB) (4) | 3/31 at 100.00 | AA+ | 10,538,600 | ||
New York State Thruway Authority, General Revenue Junior Indebtedness Obligations, Series 2019B: | ||||||
1,935 | 4.000%, 1/01/41 | 1/30 at 100.00 | A2 | 2,235,486 | ||
21,500 | 4.000%, 1/01/45 | 1/30 at 100.00 | A2 | 24,574,930 | ||
26,835 | 4.000%, 1/01/50 | 1/30 at 100.00 | A2 | 30,536,083 | ||
5,000 | New York State Thruway Authority, State Personal Income Tax Revenue Bonds, Series 2021A-1, 3.000%, 3/15/50 (UB) (4) | 3/31 at 100.00 | AA+ | 5,255,000 | ||
7,000 | New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, General Purpose, Series 2020A, 3.000%, 3/15/50 (UB) (4) | 9/30 at 100.00 | AA+ | 7,282,660 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, General Purpose, Series 2020C: | ||||||
$ 10,900 | 3.000%, 3/15/48 | 9/30 at 100.00 | AA+ | $11,360,634 | ||
10,375 | 3.000%, 3/15/48 (UB) (4) | 9/30 at 100.00 | AA+ | 10,813,447 | ||
New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, General Purpose, Series 2020E: | ||||||
11,945 | 3.000%, 3/15/47 (UB) (4) | 3/30 at 100.00 | AA+ | 12,433,431 | ||
9,590 | 3.000%, 3/15/48 (UB) (4) | 3/30 at 100.00 | AA+ | 9,974,943 | ||
2,500 | 3.000%, 3/15/50 (UB) (4) | 3/30 at 100.00 | AA+ | 2,595,875 | ||
New York Transportation Development Corporation, New York, Facility Revenue Bonds, Thruway Service Areas Project, Series 2021: | ||||||
1,375 | 4.000%, 10/31/46 (AMT) | 10/31 at 100.00 | BBB- | 1,563,224 | ||
12,240 | 4.000%, 4/30/53 (AMT) | 10/31 at 100.00 | BBB- | 13,804,639 | ||
New York Transportation Development Corporation, New York, Special Facilities Bonds, LaGuardia Airport Terminal B Redevelopment Project, Series 2016A: | ||||||
8,120 | 4.000%, 7/01/37 – AGM Insured (AMT) | 7/24 at 100.00 | AA | 8,777,395 | ||
14,340 | 5.000%, 7/01/46 (AMT) | 7/24 at 100.00 | BBB | 15,912,955 | ||
New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, American Airlines, Inc John F Kennedy International Airport Project, Refunding Series 2016: | ||||||
5,005 | 5.000%, 8/01/26 (AMT) | 10/21 at 100.00 | B | 5,015,210 | ||
12,710 | 5.000%, 8/01/31 (AMT) | 10/21 at 100.00 | B | 12,735,420 | ||
New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, American Airlines, Inc John F Kennedy International Airport Project, Series 2020: | ||||||
3,815 | 5.250%, 8/01/31 (AMT) | 8/30 at 100.00 | B | 4,534,623 | ||
6,425 | 5.375%, 8/01/36 (AMT) | 8/30 at 100.00 | B | 8,094,022 | ||
New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, Terminal 4 John F Kennedy International Airport Project, Series 2020A: | ||||||
380 | 4.000%, 12/01/39 (AMT) | 12/30 at 100.00 | Baa1 | 431,194 | ||
360 | 4.000%, 12/01/40 (AMT) | 12/30 at 100.00 | Baa1 | 407,891 | ||
New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, Terminal 4 John F Kennedy International Airport Project, Series 2020C: | ||||||
1,505 | 4.000%, 12/01/39 | 12/30 at 100.00 | Baa1 | 1,726,446 | ||
1,200 | 4.000%, 12/01/40 | 12/30 at 100.00 | Baa1 | 1,373,448 | ||
1,160 | 4.000%, 12/01/41 | 12/30 at 100.00 | Baa1 | 1,313,712 | ||
1,620 | 4.000%, 12/01/42 | 12/30 at 100.00 | Baa1 | 1,835,023 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
New York Transportation Development Corporation, Special Facility Revenue Bonds, Delta Air Lines, Inc - LaGuardia Airport Terminals C&D Redevelopment Project, Series 2018: | ||||||
$ 5,090 | 5.000%, 1/01/22 (AMT) | No Opt. Call | Baa3 | $5,145,074 | ||
4,500 | 5.000%, 1/01/23 (AMT) | No Opt. Call | Baa3 | 4,745,430 | ||
200 | 5.000%, 1/01/24 (AMT) | No Opt. Call | Baa3 | 219,204 | ||
20,500 | 5.000%, 1/01/32 (AMT) | 1/28 at 100.00 | Baa3 | 24,631,775 | ||
New York Transportation Development Corporation, Special Facility Revenue Bonds, Delta Air Lines, Inc - LaGuardia Airport Terminals C&D Redevelopment Project, Series 2020: | ||||||
6,710 | 4.000%, 10/01/30 (AMT) | No Opt. Call | Baa3 | 7,851,505 | ||
10,440 | 5.000%, 10/01/35 (AMT) | 10/30 at 100.00 | Baa3 | 13,058,770 | ||
5,475 | 5.000%, 10/01/40 (AMT) | 10/30 at 100.00 | Baa3 | 6,779,857 | ||
5,730 | 4.375%, 10/01/45 (AMT) | 10/30 at 100.00 | Baa3 | 6,650,181 | ||
12,355 | Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred Sixteen Series 2019, 4.000%, 9/01/49 | 9/29 at 100.00 | Aa3 | 14,179,833 | ||
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred Twenty-One Series 2020: | ||||||
1,500 | 4.000%, 7/15/40 (AMT) | 7/30 at 100.00 | Aa3 | 1,743,735 | ||
2,000 | 4.000%, 7/15/45 (AMT) | 7/30 at 100.00 | Aa3 | 2,294,460 | ||
10,050 | 4.000%, 7/15/50 (AMT) (UB) (4) | 7/30 at 100.00 | Aa3 | 11,475,291 | ||
15,000 | 4.000%, 7/15/55 (AMT) | 7/30 at 100.00 | Aa3 | 17,064,000 | ||
875 | 4.000%, 7/15/55 (AMT) (UB) (4) | 7/30 at 100.00 | Aa3 | 995,400 | ||
5,485 | 4.000%, 7/15/60 (AMT) (UB) (4) | 7/30 at 100.00 | Aa3 | 6,216,425 | ||
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred Twenty-Third Series 2021: | ||||||
2,780 | 4.000%, 7/15/46 (AMT) | 7/31 at 100.00 | Aa3 | 3,189,744 | ||
7,000 | 4.000%, 7/15/51 (AMT) | 7/31 at 100.00 | Aa3 | 7,995,330 | ||
1,500 | 4.000%, 7/15/51 (AMT) (UB) (4) | 7/31 at 100.00 | Aa3 | 1,713,285 | ||
Suffolk County, New York, General Obligation Bonds, Refunding Series 2017A: | ||||||
3,900 | 5.000%, 2/01/25 – AGM Insured | No Opt. Call | AA | 4,468,152 | ||
5,000 | 5.000%, 2/01/26 – AGM Insured | No Opt. Call | AA | 5,893,850 | ||
3,675 | 5.000%, 2/01/27 – AGM Insured | No Opt. Call | AA | 4,450,793 | ||
1,360 | Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Refunding Subordinate Lien Series 2017A2, 5.000%, 11/15/42 | 5/27 at 100.00 | AA- | 1,637,426 | ||
5,000 | Triborough Bridge and Tunnel Authority, New York, General Revenue Bonds, MTA Bridges & Tunnels, Series 2019C, 3.000%, 11/15/46 (UB) (4) | 11/29 at 100.00 | AA- | 5,281,300 | ||
Triborough Bridge and Tunnel Authority, New York, General Revenue Bonds, MTA Bridges & Tunnels, Series 2020A: | ||||||
4,055 | 5.000%, 11/15/49 | 11/30 at 100.00 | AA- | 5,135,941 | ||
2,850 | 4.000%, 11/15/54 | 11/30 at 100.00 | AA- | 3,298,818 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
Triborough Bridge and Tunnel Authority, New York, General Revenue Bonds, MTA Bridges & Tunnels, Series 2021A: | ||||||
$ 17,000 | 5.000%, 11/15/51 | 5/31 at 100.00 | AA- | $21,452,130 | ||
24,040 | 4.000%, 11/15/56 | 5/31 at 100.00 | AA- | 27,809,472 | ||
7,145 | 5.000%, 11/15/56 | 5/31 at 100.00 | AA- | 8,994,840 | ||
4,115 | Triborough Bridge and Tunnel Authority, New York, Payroll Mobility Tax Bonds, Senior Lien Series 2021C-1A, 5.000%, 5/15/51 | 11/31 at 100.00 | AA+ | 5,217,450 | ||
Triborough Bridge and Tunnel Authority, New York, Payroll Mobility Tax Bonds, Senior Lien Series 2021C-3: | ||||||
4,000 | 0.000%, 5/15/51 (UB) (4) | 11/31 at 100.00 | AA+ | 4,660,320 | ||
8,440 | 3.000%, 5/15/51 | 11/31 at 100.00 | AA+ | 8,766,797 | ||
7,175 | Triborough Bridge and Tunnel Authority, New York, Payroll Mobility Tax Bonds, Senior Lien Subseries 2021A-1, 5.000%, 5/15/51 | 5/31 at 100.00 | AA+ | 9,011,226 | ||
9,905 | TSASC Inc, New York, Tobacco Asset-Backed Bonds, Series 2006, 5.000%, 6/01/48 | 6/27 at 100.00 | N/R | 10,828,542 | ||
8,000 | TSASC Inc, New York, Tobacco Settlement Asset-Backed Bonds, Fiscal 2017 Series A, 5.000%, 6/01/41 | 6/27 at 100.00 | A- | 9,273,040 | ||
5,200 | Westchester County Local Development Corporation, New York, Revenue Bonds, Westchester Medical Center Obligated Group Project, Refunding Series 2016, 5.000%, 11/01/46 | 11/25 at 100.00 | Baa2 | 5,943,860 | ||
1,373,350 | Total New York | 1,583,478,800 | ||||
North Carolina – 0.4% | ||||||
2,735 | Charlotte, North Carolina, Airport Revenue Bonds, Charlotte Douglas International, Series 2021A, 3.000%, 7/01/46 (UB) (4) | 7/31 at 100.00 | Aa3 | 2,916,549 | ||
3,080 | Charlotte, North Carolina, Airport Revenue Bonds, Charlotte Douglas International, Series 2021B, 3.000%, 7/01/46 (AMT) (UB) (4) | 7/31 at 100.00 | Aa3 | 3,242,994 | ||
5,000 | Charlotte, North Carolina, Certificates of Participation, Transit Projects, Refunding Series 2021A, 3.000%, 6/01/48 (UB) (4) | 6/31 at 100.00 | AA+ | 5,314,650 | ||
1,000 | North Carolina Eastern Municipal Power Agency, Power System Revenue Bonds, Refunding Series 1993B, 6.000%, 1/01/22 – FGIC Insured (ETM) | No Opt. Call | Baa2 (7) | 1,014,200 | ||
North Carolina Medical Care Commission, Retirement Facilities First Mortgage Revenue Bonds, Southminster Project, Refunding Series 2016: | ||||||
335 | 5.000%, 10/01/31 | 10/24 at 102.00 | N/R | 365,418 | ||
890 | 5.000%, 10/01/37 | 10/24 at 102.00 | N/R | 962,998 | ||
1,100 | North Carolina Medical Care Commission, Retirement Facilities First Mortgage Revenue Bonds, The Forest at Duke, Inc, Series 2021, 4.000%, 9/01/51 | 9/28 at 103.00 | BBB | 1,256,904 | ||
North Carolina Turnpike Authority, Monroe Expressway Toll Revenue Bonds, Series 2017A: | ||||||
1,930 | 5.000%, 7/01/47 | 7/26 at 100.00 | BBB | 2,177,484 | ||
1,005 | 5.000%, 7/01/51 | 7/26 at 100.00 | BBB | 1,131,841 | ||
4,310 | 5.000%, 7/01/54 | 7/26 at 100.00 | BBB | 4,847,759 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
North Carolina (continued) | ||||||
Raleigh Durham Airport Authority, North Carolina, Airport Revenue Bonds, Refunding Series 2020A: | ||||||
$ 3,075 | 5.000%, 5/01/30 (AMT) | No Opt. Call | Aa3 | $3,949,807 | ||
2,750 | 5.000%, 5/01/34 (AMT) | 5/30 at 100.00 | Aa3 | 3,476,632 | ||
1,000 | 5.000%, 5/01/35 (AMT) | 5/30 at 100.00 | Aa3 | 1,261,280 | ||
2,710 | 5.000%, 5/01/36 (AMT) | 5/30 at 100.00 | Aa3 | 3,406,361 | ||
30,920 | Total North Carolina | 35,324,877 | ||||
North Dakota – 0.2% | ||||||
2,585 | Burleigh County, North Dakota, Health Care Revenue Bonds, Saint Alexius Medical Center Project, Refunding Series 2012A, 5.000%, 7/01/38 (Pre-refunded 7/01/22) | 7/22 at 100.00 | N/R (7) | 2,672,554 | ||
2,060 | Burleigh County, North Dakota, Multi-County Sales Tax Revenue Bonds, Series 2015A, 3.750%, 11/01/34 – AGM Insured (Pre-refunded 11/01/22) | 11/22 at 100.00 | AA (7) | 2,138,259 | ||
Grand Forks, North Dakota, Health Care System Revenue Bonds, Altru Health System Obligated Group, Series 2012: | ||||||
2,100 | 4.000%, 12/01/27 | 12/21 at 100.00 | Baa2 | 2,112,621 | ||
3,535 | 5.000%, 12/01/32 | 12/21 at 100.00 | Baa2 | 3,561,831 | ||
Grand Forks, North Dakota, Health Care System Revenue Bonds, Altru Health System Obligated Group, Series 2021: | ||||||
3,375 | 3.000%, 12/01/46 – AGM Insured | 12/31 at 100.00 | AA | 3,446,955 | ||
295 | 4.000%, 12/01/46 | 12/31 at 100.00 | Baa2 | 336,244 | ||
5,825 | 3.000%, 12/01/51 – AGM Insured | 12/31 at 100.00 | AA | 5,925,772 | ||
1,200 | 4.000%, 12/01/51 | 12/31 at 100.00 | Baa2 | 1,360,236 | ||
20,975 | Total North Dakota | 21,554,472 | ||||
Ohio – 1.8% | ||||||
Akron, Bath and Copley Joint Township Hospital District, Ohio, Hospital Facilities Revenue Bonds, Summa Health Obligated Group, Refunding Series 2020: | ||||||
380 | 4.000%, 11/15/35 (UB) (4) | 11/30 at 100.00 | BBB+ | 443,878 | ||
780 | 4.000%, 11/15/36 (UB) (4) | 11/30 at 100.00 | BBB+ | 904,543 | ||
2,750 | 3.000%, 11/15/40 (UB) (4) | 11/30 at 100.00 | BBB+ | 2,826,312 | ||
15,000 | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Capital Appreciation Series 2020B-3 Class 2, 0.000%, 6/01/57 | 6/30 at 22.36 | N/R | 2,402,850 | ||
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1: | ||||||
6,500 | 3.000%, 6/01/48 | 6/30 at 100.00 | BBB+ | 6,654,570 | ||
2,000 | 4.000%, 6/01/48 | 6/30 at 100.00 | BBB+ | 2,225,620 | ||
43,430 | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2, 5.000%, 6/01/55 | 6/30 at 100.00 | N/R | 49,197,070 | ||
750 | Butler County Port Authority, Ohio, Public Infrastructure Revenue Bonds, Liberty Center Project, Liberty Community Authority, Series 2014C, 6.000%, 12/01/43 | 12/22 at 100.00 | N/R | 757,433 | ||
3,770 | Butler County, Ohio, Hospital Facilities Revenue Bonds, UC Health, Series 2016, 5.000%, 11/15/45 | 11/26 at 100.00 | A | 4,394,764 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Ohio (continued) | ||||||
$ 2,370 | Cleveland, Ohio, General Obligation Bonds, Various Purpose Refunding Series 2021A, 3.000%, 12/01/49 | 6/30 at 100.00 | AA+ | $2,506,536 | ||
Cleveland, Ohio, Income Tax Revenue Bonds, Public Facilities Improvements, Refunding Subordinate Lien Series 2021A-1: | ||||||
2,000 | 3.000%, 10/01/43 | 10/30 at 100.00 | AA | 2,133,880 | ||
3,400 | 3.000%, 10/01/44 | 10/30 at 100.00 | AA | 3,598,968 | ||
3,505 | 3.000%, 10/01/45 | 10/30 at 100.00 | AA | 3,700,158 | ||
1,500 | 3.000%, 10/01/46 | 10/30 at 100.00 | AA | 1,568,970 | ||
5,000 | Franklin City School District, Warren County, Ohio, General Obligation Bonds, School Improvement Series 2021A, 3.000%, 11/01/50 | 11/30 at 100.00 | Aa2 | 5,283,650 | ||
11,000 | Hamilton County, Ohio, Hospital Facilities Revenue Bonds, Cincinnati Children's Hospital Medical Center, Series 2019CC, 5.000%, 11/15/49 | No Opt. Call | AA | 16,694,700 | ||
5,820 | Lucas County, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series 2011A, 6.000%, 11/15/41 (Pre-refunded 11/15/21) | 11/21 at 100.00 | BBB (7) | 5,858,936 | ||
635 | Middleburg Heights, Ohio, Hospital Facilities Improvement Revenue Bonds, Southwest General Health Center Project, Refunding Series 2020A, 4.000%, 8/01/47 | 8/30 at 100.00 | A2 | 717,467 | ||
250 | Montgomery County, Ohio, Hospital Facilities Revenue Bonds, Kettering Health Network Obligated Group Project, Refunding & Improvement Series 2021, 4.000%, 8/01/41 | 2/31 at 100.00 | A+ | 296,525 | ||
3,700 | Ohio Air Quality Development Authority, Ohio, Air Quality Development Revenue Bonds, FirstEnergy Generation Corporation Project, Series 2009A, 5.700%, 8/01/22 | No Opt. Call | N/R | 4,625 | ||
10,000 | Ohio Air Quality Development Authority, Ohio, Exempt Facilities Revenue Bonds, AMG Vanadium Project, Series 2019, 5.000%, 7/01/49, 144A (AMT) | 7/29 at 100.00 | B- | 11,506,200 | ||
2,500 | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23 (8) | No Opt. Call | N/R | 3,125 | ||
1,000 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2007B, 2.500%, 11/01/42 (Mandatory Put 10/01/29) (AMT) | No Opt. Call | BBB+ | 1,086,190 | ||
1,075 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, Pratt Paper Ohio, LLC Project, Series 2017, 4.250%, 1/15/38, 144A (AMT) | 1/28 at 100.00 | N/R | 1,230,026 | ||
750 | Ohio Higher Educational Facility Commission, Senior Hospital Parking Revenue Bonds, University Circle Incorporated 2020 Project, Series 2020, 5.000%, 1/15/50 | 1/30 at 100.00 | A3 | 898,718 | ||
3,495 | Ohio State, Hospital Revenue Bonds, University Hospitals Health System, Inc, Refunding Series 2016A, 5.000%, 1/15/46 | 1/26 at 100.00 | A | 4,011,561 | ||
7,235 | Ohio State, Hospital Revenue Bonds, University Hospitals Health System, Inc, Series 2020A, 5.000%, 1/15/50 | 1/30 at 100.00 | A | 8,850,503 | ||
1,500 | Ohio Water Development Authority, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generating Corporation Project, Refunding Series 2005B, 4.000%, 1/01/34 (8) | No Opt. Call | N/R | 1,875 | ||
700 | Ohio Water Development Authority, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generating Corporation Project, Refunding Series 2008B, 3.625%, 10/01/33 | No Opt. Call | N/R | 875 | ||
7,625 | Ohio Water Development Authority, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generating Corporation Project, Refunding Series 2008C, 3.950%, 11/01/32 (8) | No Opt. Call | N/R | 9,531 | ||
Southeastern Ohio Port Authority, Hospital Facilities Revenue Bonds, Memorial Health System Obligated Group Project, Refunding and Improvement Series 2012: | ||||||
3,000 | 5.750%, 12/01/32 | 12/22 at 100.00 | BB- | 3,120,540 | ||
2,000 | 6.000%, 12/01/42 | 12/22 at 100.00 | BB- | 2,075,180 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Ohio (continued) | ||||||
$ 525 | Southeastern Ohio Port Authority, Hosptial Facilities Revenue Bonds, Memorial Health System Obligated Group Project, Refunding and Improvement Series 2012, 5.000%, 12/01/22 | No Opt. Call | BB- | $537,700 | ||
Wood County, Ohio, Hospital Facilities Revenue Bonds, Wood County Hospital Project, Refunding and Improvement Series 2012: | ||||||
1,330 | 5.000%, 12/01/27 (Pre-refunded 12/01/22) | 12/22 at 100.00 | N/R (7) | 1,402,379 | ||
670 | 5.000%, 12/01/27 (Pre-refunded 12/01/22) | 12/22 at 100.00 | N/R (7) | 705,657 | ||
1,800 | 5.000%, 12/01/32 (Pre-refunded 12/01/22) | 12/22 at 100.00 | N/R (7) | 1,897,956 | ||
910 | 5.000%, 12/01/32 (Pre-refunded 12/01/22) | 12/22 at 100.00 | N/R (7) | 958,430 | ||
160,655 | Total Ohio | 150,467,901 | ||||
Oklahoma – 0.3% | ||||||
1,470 | Oklahoma City Airport Trust, Oklahoma, Revenue Bonds, Thirty-Third Series 2018, 5.000%, 7/01/47 (AMT) | 7/28 at 100.00 | A1 | 1,777,642 | ||
Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B: | ||||||
2,475 | 5.500%, 8/15/52 | 8/28 at 100.00 | Baa3 | 3,018,559 | ||
11,720 | 5.500%, 8/15/57 | 8/28 at 100.00 | Baa3 | 14,293,946 | ||
811 | Oklahoma Development Finance Authority, Revenue Bonds, Provident Oklahoma Education Resources Inc- Cross Village Student Housing Project, Series 2017, 0.000%, 8/01/52 (8) | 8/27 at 100.00 | N/R | 12,166 | ||
9,090 | Tulsa Municipal Airport Trust, Oklahoma, Revenue Bonds, American Airlines Inc, Refunding Series 2015, 5.000%, 6/01/35 (Mandatory Put 6/01/25) (AMT) | 6/25 at 100.00 | B- | 10,174,710 | ||
25,566 | Total Oklahoma | 29,277,023 | ||||
Oregon – 0.2% | ||||||
8,500 | Deschutes County Hospital Facility Authority, Oregon, Hospital Revenue Bonds, Saint Charles Health System, Inc, Series 2016A, 5.000%, 1/01/48 | 1/26 at 100.00 | A+ | 9,710,230 | ||
Multnomah County Hospital Facilities Authority, Oregon, Revenue Bonds, Mirabella South Waterfront, Refunding Series 2014A: | ||||||
1,855 | 5.400%, 10/01/44 | 10/24 at 100.00 | N/R | 1,996,351 | ||
1,600 | 5.500%, 10/01/49 | 10/24 at 100.00 | N/R | 1,723,136 | ||
1,000 | Oregon Facilities Authority, Revenue Bonds, Samaritan Health Services Project, Refunding Series 2020A, 5.000%, 10/01/40 | 10/30 at 100.00 | BBB+ | 1,232,350 | ||
215 | Oregon Housing and Community Services Department, Multifamily Housing Revenue Bonds, Refunding Series 2010A, 5.150%, 7/01/42 (AMT) | 10/21 at 100.00 | Aaa | 215,312 | ||
9,925 | Yamhill County School District 29J Newberg, Oregon, General Obligation Bonds, Series 2021A, 0.000%, 6/15/51 | 6/31 at 58.37 | Aa1 | 4,445,606 | ||
23,095 | Total Oregon | 19,322,985 | ||||
Pennsylvania – 3.4% | ||||||
315 | Allegheny Country Industrial Development Authority, Pennsylvania, Environmental Improvement Revenue Bonds, United States Steel Corporation Project, Series 2012, 5.750%, 8/01/42 (AMT) | 8/22 at 100.00 | B | 322,828 | ||
1,125 | Allegheny County Higher Education Building Authority, Pennsylvania, Revenue Bonds, Carlow University, Series 2011, 6.750%, 11/01/31 (Pre-refunded 11/01/21) | 11/21 at 100.00 | N/R (7) | 1,130,490 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
Allegheny County Hospital Development Authority, Pennsylvania, Revenue Bonds, University of Pittsburgh Medical Center, Series 2019A: | ||||||
$ 4,540 | 4.000%, 7/15/38 | 7/29 at 100.00 | A | $5,279,430 | ||
2,555 | 4.000%, 7/15/39 | 7/29 at 100.00 | A | 2,964,209 | ||
1,070 | Allegheny County Industrial Development Authority, Pennsylvania, Environmental Improvement Revenue Bonds, United States Steel Corp, Refunding Series 2019, 4.875%, 11/01/24 | No Opt. Call | B | 1,170,612 | ||
Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, City Center Project, Series 2018: | ||||||
260 | 5.000%, 5/01/23, 144A | No Opt. Call | Ba3 | 275,852 | ||
300 | 5.000%, 5/01/42, 144A | 5/28 at 100.00 | Ba3 | 353,163 | ||
Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, City Center Project, Subordinate Lien, Series 2018: | ||||||
5,565 | 5.000%, 5/01/28, 144A | No Opt. Call | N/R | 6,626,245 | ||
1,580 | 5.375%, 5/01/42, 144A | 5/28 at 100.00 | N/R | 1,847,541 | ||
2,000 | Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, City Center Refunding Project, Series 2017, 5.000%, 5/01/42, 144A | 5/27 at 100.00 | Ba3 | 2,296,780 | ||
Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A: | ||||||
5,800 | 4.375%, 1/01/35 (Mandatory Put 7/01/22) | No Opt. Call | N/R | 5,908,518 | ||
455 | 3.500%, 4/01/41 (8) | No Opt. Call | N/R | 569 | ||
3,750 | Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2005A, 4.000%, 1/01/35 (8) | No Opt. Call | N/R | 4,688 | ||
2,000 | Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Series 2006B, 3.500%, 12/01/35 (8) | No Opt. Call | N/R | 2,500 | ||
2,270 | Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Refunding Bonds, FirstEnergy Generation Project, Series 2008B, 3.750%, 10/01/47 (Mandatory Put 4/01/21) | 4/31 at 100.00 | N/R | 2,364,818 | ||
8,775 | Bucks County Industrial Development Authority, Pennsylvania, Hospital Revenue Bonds, Saint Luke's University Health Network Project, Series 2021, 3.000%, 8/15/53 | 8/30 at 100.00 | A- | 8,951,290 | ||
Cumberland County Municipal Authority, Pennsylvania, Revenue Bonds, Diakon Lutheran Social Ministries Project, Series 2015: | ||||||
150 | 5.000%, 1/01/38 (Pre-refunded 1/01/25) | 1/25 at 100.00 | N/R (7) | 171,624 | ||
1,395 | 5.000%, 1/01/38 | 1/25 at 100.00 | BBB+ | 1,534,905 | ||
Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Refunding Series 2019B: | ||||||
1,100 | 5.000%, 7/01/31 | 7/29 at 100.00 | A1 | 1,406,383 | ||
1,015 | 5.000%, 7/01/32 | 7/29 at 100.00 | A1 | 1,293,638 | ||
1,000 | Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Series 2019A, 5.000%, 7/01/44 | 7/29 at 100.00 | A1 | 1,231,340 | ||
3,790 | Erie Water Authority, Erie County, Pennsylvania, Water Revenue Bonds, Refunding Series 2016, 5.000%, 12/01/43 (Pre-refunded 12/01/26) | 12/26 at 100.00 | A2 (7) | 4,637,899 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
Montgomery County Higher Education and Health Authority, Pennsylvania, Revenue Bonds, Thomas Jefferson University, Series 2018A: | ||||||
$ 4,000 | 4.000%, 9/01/36 (UB) (4) | 9/28 at 100.00 | A | $4,578,000 | ||
2,185 | 5.000%, 9/01/43 | 9/28 at 100.00 | A | 2,645,751 | ||
5,445 | 5.000%, 9/01/48 | 9/28 at 100.00 | A | 6,552,186 | ||
Montgomery County Higher Education and Health Authority, Pennsylvania, Revenue Bonds, Thomas Jefferson University, Series 2019: | ||||||
1,000 | 4.000%, 9/01/37 (UB) (4) | 9/29 at 100.00 | A | 1,155,220 | ||
2,240 | 4.000%, 9/01/44 | 9/29 at 100.00 | A | 2,547,440 | ||
Montgomery County Industrial Development Authority, Pennsylvania, Health System Revenue Bonds, Albert Einstein Healthcare Network Issue, Series 2015A: | ||||||
1,860 | 5.250%, 1/15/45 | 1/25 at 100.00 | Ba1 | 2,074,774 | ||
1,310 | 5.250%, 1/15/46 | 1/25 at 100.00 | Ba1 | 1,460,951 | ||
2,410 | Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, KDC Agribusiness Fairless Hills LLC Project, Series 2020A-1, 10.000%, 12/01/40, 144A | 6/30 at 100.00 | N/R | 2,597,281 | ||
2,410 | Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, KDC Agribusiness Fairless Hills LLC Project, Series 2020A-2, 10.000%, 12/01/40, 144A (AMT) | 6/30 at 100.00 | N/R | 2,597,281 | ||
1,650 | Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, National Gypsum Company, Refunding Series 2014, 5.500%, 11/01/44 (AMT) | 11/24 at 100.00 | N/R | 1,746,839 | ||
2,500 | Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Refunding Bonds, PPL Energy Supply, LLC Project, Series 2009A, 6.400%, 12/01/38 | 9/25 at 100.00 | Caa1 | 1,920,725 | ||
4,500 | Pennsylvania Economic Development Financing Authority, Governmental Lease Revenue Bonds, Forum Place Project, Series 2012, 5.000%, 3/01/34 (Pre-refunded 3/01/22) | 3/22 at 100.00 | A (7) | 4,588,650 | ||
Pennsylvania Economic Development Financing Authority, Private Activity Revenue Bonds, Pennsylvania Rapid Bridge Replacement Project, Series 2015: | ||||||
10,395 | 5.000%, 12/31/38 (AMT) | 6/26 at 100.00 | BBB | 12,166,620 | ||
3,750 | 5.000%, 6/30/42 (AMT) | 6/26 at 100.00 | BBB | 4,363,387 | ||
3,865 | Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, LaSalle University, Series 2012, 5.000%, 5/01/37 | 11/22 at 100.00 | BB+ | 3,952,272 | ||
Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, University of Pennsylvania Health System, Series 2019: | ||||||
1,000 | 4.000%, 8/15/34 | 8/29 at 100.00 | AA | 1,182,210 | ||
1,000 | 4.000%, 8/15/35 | 8/29 at 100.00 | AA | 1,180,100 | ||
1,500 | 4.000%, 8/15/36 | 8/29 at 100.00 | AA | 1,765,185 | ||
2,000 | 4.000%, 8/15/37 | 8/29 at 100.00 | AA | 2,347,120 | ||
4,225 | 4.000%, 8/15/38 | 8/29 at 100.00 | AA | 4,947,095 | ||
2,495 | 4.000%, 8/15/39 | 8/29 at 100.00 | AA | 2,914,559 | ||
3,345 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2014C, 5.000%, 12/01/39 | 12/24 at 100.00 | A+ | 3,791,691 | ||
7,405 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2015A-1, 5.000%, 12/01/45 | 6/25 at 100.00 | A+ | 8,397,492 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
$ 15,000 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2009C, 6.250%, 6/01/33 – AGM Insured | 6/26 at 100.00 | AA | $18,570,000 | ||
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2017B-1: | ||||||
3,180 | 5.000%, 6/01/42 | 6/27 at 100.00 | A3 | 3,762,926 | ||
4,540 | 5.250%, 6/01/47 | 6/27 at 100.00 | A3 | 5,490,131 | ||
29,000 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2019A, 5.000%, 12/01/44 | 12/29 at 100.00 | A3 | 35,870,970 | ||
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2021A: | ||||||
1,500 | 3.000%, 12/01/42 | 12/30 at 100.00 | A | 1,580,115 | ||
10,070 | 3.000%, 12/01/42 (UB) (4) | 12/30 at 100.00 | A | 10,607,839 | ||
1,700 | 4.000%, 12/01/44 | 12/30 at 100.00 | A | 1,985,277 | ||
1,000 | 4.000%, 12/01/46 | 12/30 at 100.00 | A | 1,155,940 | ||
1,590 | 4.000%, 12/01/50 | 12/30 at 100.00 | A | 1,834,240 | ||
16,550 | 3.000%, 12/01/51 (UB) (4) | 12/31 at 100.00 | A | 17,193,133 | ||
Philadelphia Authority for Industrial Development, Pennsylvania, City Service Agreement Revenue Bonds, Series 2018: | ||||||
2,500 | 5.000%, 5/01/36 | 5/28 at 100.00 | A | 3,053,150 | ||
2,250 | 5.000%, 5/01/37 | 5/28 at 100.00 | A | 2,743,087 | ||
2,230 | Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, Mariana Bracetti Academy Project, Series 2020A, 5.375%, 6/15/50, 144A | 12/27 at 100.00 | N/R | 2,389,735 | ||
Philadelphia Gas Works, Pennsylvania, Revenue Bonds, 1998 General Ordinance, Refunding Sixteenth Series 2020B: | ||||||
1,265 | 4.000%, 8/01/36 – AGM Insured | 8/30 at 100.00 | AA | 1,496,963 | ||
1,615 | 4.000%, 8/01/37 – AGM Insured | 8/30 at 100.00 | AA | 1,905,345 | ||
1,500 | 4.000%, 8/01/39 – AGM Insured | 8/30 at 100.00 | AA | 1,760,685 | ||
1,750 | 4.000%, 8/01/40 – AGM Insured | 8/30 at 100.00 | AA | 2,049,600 | ||
Philadelphia Gas Works, Pennsylvania, Revenue Bonds, 1998 General Ordinance, Sixteenth Series 2020A: | ||||||
4,525 | 4.000%, 8/01/45 – AGM Insured | 8/30 at 100.00 | AA | 5,229,678 | ||
3,365 | 5.000%, 8/01/50 – AGM Insured | 8/30 at 100.00 | AA | 4,137,066 | ||
Philadelphia Hospitals and Higher Education Facilities Authority, Pennsylvania, Hospital Revenue Bonds, Temple University Health System Obligated Group, Series of 2017: | ||||||
8,865 | 5.000%, 7/01/31 | 7/27 at 100.00 | BBB- | 10,374,709 | ||
1,930 | 5.000%, 7/01/32 | 7/27 at 100.00 | BBB- | 2,253,256 | ||
5,400 | 5.000%, 7/01/34 | 7/27 at 100.00 | BBB- | 6,275,718 | ||
4,000 | Philadelphia, Pennsylvania, Airport Revenue Bonds, Refunding Series 2017B, 5.000%, 7/01/34 (AMT) | 7/27 at 100.00 | A2 | 4,807,360 | ||
8,875 | Philadelphia, Pennsylvania, Water and Wastewater Revenue Bonds, Refunding Series 2012, 5.000%, 11/01/28 (Pre-refunded 11/01/22) | 11/22 at 100.00 | A+ (7) | 9,334,192 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
$ 2,400 | Pittsburgh and Allegheny County Sports and Exhibition Authority, Pennsylvania, Hotel Room Excise Tax Revenue Bonds, Refunding Series 2010, 5.000%, 2/01/30 – AGM Insured | 11/21 at 100.00 | AA | $ 2,406,912 | ||
259,900 | Total Pennsylvania | 289,516,178 | ||||
Puerto Rico – 2.2% | ||||||
3,600 | Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Forward Delivery Series 2022A, 4.000%, 7/01/42, 144A (WI/DD, Settling 6/15/22) | 7/32 at 100.00 | N/R | 3,979,368 | ||
23,075 | Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Series 2020A, 5.000%, 7/01/47, 144A | 7/30 at 100.00 | N/R | 27,812,067 | ||
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Series 2021B: | ||||||
6,695 | 5.000%, 7/01/22, 144A | No Opt. Call | N/R | 6,909,575 | ||
6,250 | 5.000%, 7/01/24, 144A | No Opt. Call | N/R | 6,959,375 | ||
11,340 | 5.000%, 7/01/33, 144A | 7/31 at 100.00 | N/R | 14,522,004 | ||
22,420 | 5.000%, 7/01/37, 144A | 7/31 at 100.00 | N/R | 28,272,068 | ||
5,020 | 4.000%, 7/01/42, 144A | 7/31 at 100.00 | N/R | 5,712,358 | ||
3,745 | Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2008A, 6.125%, 7/01/24 | No Opt. Call | CCC | 4,094,858 | ||
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1: | ||||||
6,968 | 4.500%, 7/01/34 | 7/25 at 100.00 | N/R | 7,663,406 | ||
72,283 | 0.000%, 7/01/46 | 7/28 at 41.38 | N/R | 23,864,232 | ||
39,000 | 0.000%, 7/01/51 | 7/28 at 30.01 | N/R | 9,319,050 | ||
3,129 | 4.750%, 7/01/53 | 7/28 at 100.00 | N/R | 3,508,955 | ||
31,279 | 5.000%, 7/01/58 | 7/28 at 100.00 | N/R | 35,556,716 | ||
1,000 | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured Cofina Project Series 2019A-2A, 4.550%, 7/01/40 | 7/28 at 100.00 | N/R | 1,126,260 | ||
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2: | ||||||
3,000 | 4.329%, 7/01/40 | 7/28 at 100.00 | N/R | 3,334,230 | ||
2,000 | 4.329%, 7/01/40 | 7/28 at 100.00 | N/R | 2,222,820 | ||
240,804 | Total Puerto Rico | 184,857,342 | ||||
South Carolina – 0.9% | ||||||
3,330 | Columbia, South Carolina, Stormwater System Revenue Bonds, City Stormwater Improvements, Green Series 2018, 5.000%, 2/01/48 | 2/28 at 100.00 | AA+ | 4,091,504 | ||
10,000 | Patriots Energy Group Financing Agency, South Carolina, Gas Supply Revenue Bonds, Series 2018A, 4.000%, 10/01/48 (Mandatory Put 2/01/24) | 11/23 at 100.30 | Aa2 | 10,766,100 | ||
2,500 | South Carolina Jobs-Economic Development Authority, Hospital Revenue Bonds, McLeod Health Projects, Refunding & Improvement Series 2018, 5.000%, 11/01/48 | 5/28 at 100.00 | AA | 2,983,575 | ||
3,000 | South Carolina Jobs-Economic Development Authority, Hospital Revenue Bonds, Prisma Health Obligated Group, Series 2018A, 5.000%, 5/01/48 | 5/28 at 100.00 | A | 3,580,290 | ||
7,140 | South Carolina Public Service Authority, Electric System Revenue Bonds, Santee Cooper, Refunding Series 2012D, 5.000%, 12/01/43 (Pre-refunded 6/01/22) | 6/22 at 100.00 | A (7) | 7,369,194 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
South Carolina (continued) | ||||||
$ 3,000 | South Carolina Public Service Authority, Revenue Obligation Bonds, Improvement Series 2021B, 4.000%, 12/01/51 (UB) (4) | 12/31 at 100.00 | A | $3,482,340 | ||
7,500 | South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding & Improvement Series 2020A, 4.000%, 12/01/42 (UB) (4) | 12/30 at 100.00 | A | 8,709,750 | ||
2,385 | South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding Series 2014B, 5.000%, 12/01/31 | 6/24 at 100.00 | A | 2,649,854 | ||
2,165 | South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding Series 2016A, 5.000%, 12/01/31 | 6/26 at 100.00 | A | 2,555,891 | ||
5,000 | South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding Series 2016B, 5.000%, 12/01/56 | 12/26 at 100.00 | A | 5,875,550 | ||
2,000 | South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Series 2013A, 5.500%, 12/01/33 | 12/23 at 100.00 | A | 2,199,380 | ||
4,520 | South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Series 2013E, 5.000%, 12/01/48 | 12/23 at 100.00 | A | 4,926,303 | ||
South Carolina State Ports Authority, Revenue Bonds, Series 2018: | ||||||
4,860 | 5.000%, 7/01/31 (AMT) | 7/28 at 100.00 | A+ | 6,003,315 | ||
3,760 | 5.000%, 7/01/32 (AMT) | 7/28 at 100.00 | A+ | 4,639,840 | ||
4,000 | South Carolina Transportation Infrastructure Bank, Revenue Bonds, Refunding Series 2016A, 3.000%, 10/01/36 | 10/25 at 100.00 | Aa3 | 4,225,480 | ||
2,500 | Spartanburg Regional Health Services District, Inc, South Carolina, Hosptial Revenue Bonds, Series 2020A, 4.000%, 4/15/45 – AGM Insured | 4/30 at 100.00 | AA | 2,877,475 | ||
67,660 | Total South Carolina | 76,935,841 | ||||
South Dakota – 0.1% | ||||||
South Dakota Health and Educational Facilities Authority, Revenue Bonds, Monument Health, Inc, Series 2020A: | ||||||
5,710 | 3.000%, 9/01/45 (UB) (4) | 9/30 at 100.00 | AA- | 5,950,277 | ||
4,800 | 4.000%, 9/01/50 (UB) (4) | 9/30 at 100.00 | AA- | 5,473,104 | ||
910 | South Dakota Health and Educational Facilities Authority, Revenue Bonds, Sanford Health, Series 2015, 5.000%, 11/01/45 | 11/25 at 100.00 | AA- | 1,046,236 | ||
11,420 | Total South Dakota | 12,469,617 | ||||
Tennessee – 4.7% | ||||||
1,000 | Blount County Health and Educational Facilites Board, Tennessee, Revenue Refunding Bonds, Asbury, Inc, Series 2016A, 5.000%, 1/01/37 | 1/25 at 102.00 | N/R | 887,190 | ||
2,920 | Blount County, Tennessee, General Obligation Bonds, Refunding Series 2016B, 5.000%, 6/01/33 | 6/26 at 100.00 | AA+ | 3,476,143 | ||
2,500 | Bristol Industrial Development Board, Tennessee, Tax Increment Revenue Bonds, Pinnacle Project, Series 2016, 5.625%, 6/01/35 | 6/26 at 100.00 | N/R | 2,614,650 | ||
Chattanooga Health, Educational and Housing Facility Board, Tennessee, Revenue Bonds, Catholic Health Initiatives, Series 2013A: | ||||||
1,500 | 5.000%, 1/01/33 (Pre-refunded 1/01/23) | 1/23 at 100.00 | BBB+ (7) | 1,586,910 | ||
1,000 | 5.250%, 1/01/45 (Pre-refunded 1/01/23) | 1/23 at 100.00 | BBB+ (7) | 1,061,030 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tennessee (continued) | ||||||
Chattanooga Health, Educational and Housing Facility Board, Tennessee, Revenue Bonds, CommonSpirit Health, Series 2019A-2: | ||||||
$ 100 | 5.000%, 8/01/31 | 8/29 at 100.00 | BBB+ | $126,307 | ||
100 | 5.000%, 8/01/32 | 8/29 at 100.00 | BBB+ | 125,921 | ||
105 | 5.000%, 8/01/33 | 8/29 at 100.00 | BBB+ | 131,820 | ||
100 | 5.000%, 8/01/35 | 8/29 at 100.00 | BBB+ | 124,939 | ||
100 | 5.000%, 8/01/37 | 8/29 at 100.00 | BBB+ | 123,928 | ||
835 | 5.000%, 8/01/44 | 8/29 at 100.00 | BBB+ | 1,017,172 | ||
2,310 | 5.000%, 8/01/49 | 8/29 at 100.00 | BBB+ | 2,790,388 | ||
Chattanooga, Tennessee, Electric System Enterprise Revenue Bonds, Series 2015A: | ||||||
500 | 5.000%, 9/01/31 | 9/25 at 100.00 | AA+ | 580,470 | ||
1,750 | 5.000%, 9/01/32 | 9/25 at 100.00 | AA+ | 2,030,910 | ||
Chattanooga-Hamilton County Hospital Authority, Tennessee, Hospital Revenue Bonds, Erlanger Health System, Refunding Series 2014A: | ||||||
500 | 5.000%, 10/01/34 | 10/24 at 100.00 | BBB | 556,650 | ||
1,575 | 5.000%, 10/01/44 | 10/24 at 100.00 | BBB | 1,743,651 | ||
8,775 | Clarksville Natural Gas Acquisition Corporation, Tennessee, Natural Gas Revenue Bonds, Series 2006, 5.000%, 12/15/21 – SYNCORA GTY Insured | No Opt. Call | AA- | 8,855,203 | ||
665 | Clarksville, Tennessee, Electric System Revenue Bonds, Refunding Series 2015, 5.000%, 9/01/27 | 9/24 at 100.00 | Aa2 | 751,497 | ||
510 | DeKalb Utility District, DeKalb County, Tennessee, Waterworks Revenue Bonds, Refunding Series 2017, 3.500%, 4/01/42 | 4/26 at 100.00 | A | 559,541 | ||
900 | Franklin County Health and Educational Facilities Board, Tennessee, Revenue Bonds, University of the South, Refunding & Improvement Series 2014, 5.000%, 9/01/29 | 9/22 at 100.00 | A+ | 937,125 | ||
Franklin Special School District, Williamson County, Tennessee, General Obligation Bonds, School Improvement Series 2019: | ||||||
1,000 | 5.000%, 6/01/37 | 6/29 at 100.00 | Aa1 | 1,254,900 | ||
1,000 | 5.000%, 6/01/38 | 6/29 at 100.00 | Aa1 | 1,254,660 | ||
Gallatin, Tennessee, Water and Sewer Revenue Bonds, Refunding & Improvement Series 2015: | ||||||
1,655 | 5.000%, 1/01/31 | 1/25 at 100.00 | AA | 1,883,936 | ||
1,270 | 5.000%, 1/01/38 | 1/25 at 100.00 | AA | 1,437,221 | ||
Greeneville Health and Educational Facilities Board, Tennessee, Hospital Revenue Bonds, Ballad Health, Series 2018A: | ||||||
5,000 | 5.000%, 7/01/31 | 7/23 at 100.00 | A | 5,396,750 | ||
4,860 | 5.000%, 7/01/32 | 7/23 at 100.00 | A | 5,243,891 | ||
1,660 | 5.000%, 7/01/33 | 7/23 at 100.00 | A | 1,789,912 | ||
6,500 | 5.000%, 7/01/34 | 7/23 at 100.00 | A | 7,005,115 | ||
2,000 | 5.000%, 7/01/36 | 7/28 at 100.00 | A | 2,437,380 | ||
2,395 | 5.000%, 7/01/37 | 7/28 at 100.00 | A | 2,911,913 | ||
1,375 | Hallsdale-Powell Utility District, Knox County, Tennessee, Water and Sewer Revenue Bonds, Refunding & Improvement Series 2019, 4.000%, 4/01/39 | 4/29 at 100.00 | AA | 1,594,918 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tennessee (continued) | ||||||
Hallsdale-Powell Utility District, Knox County, Tennessee, Water and Sewer Revenue Bonds, Refunding Series 2018: | ||||||
$ 1,000 | 4.000%, 4/01/35 | 4/26 at 100.00 | AA | $1,125,870 | ||
1,415 | 4.000%, 4/01/38 | 4/26 at 100.00 | AA | 1,589,625 | ||
1,500 | Harpeth Valley Utilities District, Davidson and Williamson Counties, Tennessee, Utilities Revenue Bonds, Refunding Series 2015, 5.000%, 9/01/25 | No Opt. Call | AA+ | 1,762,950 | ||
Harpeth Valley Utilities District, Davidson and Williamson Counties, Tennessee, Utilities Revenue Bonds, Refunding Series 2016: | ||||||
2,870 | 5.000%, 9/01/34 | 9/25 at 100.00 | AA+ | 3,332,443 | ||
4,785 | 5.000%, 9/01/42 | 9/25 at 100.00 | AA+ | 5,549,069 | ||
6,000 | Harpeth Valley Utilities District, Davidson and Williamson Counties, Tennessee, Utilities Revenue Bonds, Series 2014, 5.000%, 9/01/44 | 9/24 at 100.00 | AA+ | 6,746,460 | ||
Harpeth Valley Utilities District, Davidson and Williamson Counties, Tennessee, Utilities Revenue Bonds, Series 2020: | ||||||
1,425 | 4.000%, 9/01/40 (UB) (4) | 9/29 at 100.00 | AA+ | 1,678,678 | ||
3,385 | 4.000%, 9/01/45 (UB) (4) | 9/29 at 100.00 | AA+ | 3,942,273 | ||
2,950 | 4.000%, 9/01/50 (UB) (4) | 9/29 at 100.00 | AA+ | 3,427,900 | ||
5,180 | Hendersonville Industrial Development Board, Tennessee, Multifamily Housing Revenue Bonds, Hickory Pointe Poject, Series 2010, 4.875%, 12/01/25 | No Opt. Call | AA+ | 5,984,609 | ||
670 | Jackson Energy Authority, Tennessee, Gas System Revenue Bonds, Refunding & Improvement Series 2015, 5.000%, 6/01/28 | 6/25 at 100.00 | Aa2 | 774,312 | ||
Jackson Energy Authority, Tennessee, Water System Revenue Bonds, Series 2012: | ||||||
270 | 5.000%, 12/01/24 | No Opt. Call | Aa3 | 308,983 | ||
140 | 5.000%, 12/01/25 | No Opt. Call | Aa3 | 165,551 | ||
175 | 5.000%, 12/01/26 | No Opt. Call | Aa3 | 213,117 | ||
3,825 | Jackson, Tennessee, Hospital Revenue Bonds, Jackson-Madison County General Hospital Project, Refunding 2015, 5.000%, 4/01/36 | 4/25 at 100.00 | A2 | 4,311,387 | ||
2,885 | Jackson, Tennessee, Hospital Revenue Bonds, Jackson-Madison County General Hospital Project, Series 2018A, 5.000%, 4/01/41 | 10/28 at 100.00 | A2 | 3,478,271 | ||
Johnson City Energy Authority, Tennessee, Electric System Revenue Bonds, Series 2017: | ||||||
1,000 | 5.000%, 5/01/28 | 5/27 at 100.00 | Aa2 | 1,224,080 | ||
1,000 | 5.000%, 5/01/29 | 5/27 at 100.00 | Aa2 | 1,219,430 | ||
1,000 | Johnson City Health and Educational Facilities Board, Tennessee, Hospital Revenue Bonds, Mountain States Health Alliance, Series 2012A, 5.000%, 8/15/42 | 8/22 at 100.00 | A | 1,035,260 | ||
Johnson City Health and Educational Facilities Board, Tennessee, Hospital Revenue Refunding and Improvement Bonds, Johnson City Medical Center, Series 1998C: | ||||||
2,735 | 5.125%, 7/01/25 – NPFG Insured (ETM) | 11/21 at 100.00 | Baa2 (7) | 2,972,644 | ||
9,570 | 5.250%, 7/01/28 – NPFG Insured (ETM) | 11/21 at 100.00 | AAA | 10,513,315 | ||
1,270 | Kingsport Industrial Development Board, Tennessee, Multifamily Housing Revenue Bonds, Model City Apartments Project, Series 2009, 5.000%, 7/20/29 | 10/21 at 100.00 | N/R | 1,271,003 | ||
4,000 | Knox County Health, Educational and Housing Facilities Board, Tennessee, Revenue Bonds, University Health System, Inc, Series 2016, 5.000%, 9/01/47 | 9/26 at 100.00 | BBB | 4,488,440 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tennessee (continued) | ||||||
Knox County Health, Educational and Housing Facilities Board, Tennessee, Revenue Bonds, University Health System, Inc, Series 2017: | ||||||
$ 2,000 | 4.000%, 4/01/36 | 4/27 at 100.00 | BBB | $2,178,940 | ||
310 | 5.000%, 4/01/36 | 4/27 at 100.00 | BBB | 356,946 | ||
Knox County Health, Educational and Housing Facility Board, Tennessee, Hospital Revenue Bonds, Covenant Health, Refunding Series 2016A: | ||||||
2,955 | 5.000%, 1/01/36 | 1/27 at 100.00 | A+ | 3,512,402 | ||
5,815 | 5.000%, 1/01/47 | 1/27 at 100.00 | A+ | 6,856,176 | ||
Knox County Health, Educational and Housing Facility Board, Tennessee, Hospital Revenue Bonds, East Tennessee Children's Hospital, Series 2019: | ||||||
3,030 | 5.000%, 11/15/37 | 2/29 at 100.00 | A | 3,731,415 | ||
7,500 | 4.000%, 11/15/43 | 2/29 at 100.00 | A | 8,524,275 | ||
1,315 | Knox-Chapman Utility District of Knox County, Tennessee, Water and Sewer Revenue Bonds, Refunding and Improvement Series 2015, 5.000%, 1/01/31 | 1/25 at 100.00 | AA- | 1,496,904 | ||
Knox-Chapman Utility District of Knox County, Tennessee, Water and Sewer Revenue Bonds, Refunding and Improvement Series 2017: | ||||||
1,475 | 4.000%, 1/01/32 | 1/26 at 100.00 | AA- | 1,661,927 | ||
1,000 | 4.000%, 1/01/35 | 1/26 at 100.00 | AA- | 1,120,150 | ||
Loudon, Tennessee, Water and Sewer Revenue Refunding Bonds, Series 2012A: | ||||||
485 | 4.000%, 3/01/22 (AMT) (ETM) | No Opt. Call | A+ (7) | 492,173 | ||
1,000 | 4.000%, 3/01/28 (Pre-refunded 3/01/22) (AMT) | 3/22 at 100.00 | A+ (7) | 1,014,790 | ||
2,000 | 5.000%, 3/01/32 (Pre-refunded 3/01/22) (AMT) | 3/22 at 100.00 | A+ (7) | 2,037,740 | ||
1,335 | McMinnville-Warren County Industrial Development Board, Tennessee, Multifamily Housing Revenue Bonds, Beersheba Heights Towers, Series 2009, 5.500%, 11/20/39 | 10/21 at 100.00 | N/R | 1,352,702 | ||
6,000 | Memphis & Shelby County Economic Development Growth Engine Industrial Development Board, Tennessee, Tourism Development Zone Revenue Bonds, Refunding Series 2017B, 5.000%, 11/01/30 | 11/26 at 100.00 | AA | 7,172,280 | ||
4,730 | Memphis, Tennessee, Electric System Revenue Bonds, Memphis Light , Gas and Water Division Series 2020A, 4.000%, 12/01/50 | 12/30 at 100.00 | Aa2 | 5,564,041 | ||
3,270 | Memphis, Tennessee, Gas System Revenue Bonds, Memphis Light, Gas & Water Division, Series 2020, 4.000%, 12/01/50 | 12/30 at 100.00 | Aa1 | 3,852,616 | ||
1,400 | Memphis, Tennessee, Gas System Revenue Bonds, Series 2017, 5.000%, 12/01/31 | 12/27 at 100.00 | Aa1 | 1,725,066 | ||
Memphis, Tennessee, Sanitary Sewerage System Revenue Bonds, Refunding Series 2020B: | ||||||
1,000 | 5.000%, 10/01/35 (UB) (4) | 10/30 at 100.00 | AA+ | 1,306,050 | ||
1,420 | 5.000%, 10/01/36 (UB) (4) | 10/30 at 100.00 | AA+ | 1,847,917 | ||
1,500 | 5.000%, 10/01/37 (UB) (4) | 10/30 at 100.00 | AA+ | 1,944,675 | ||
2,250 | 5.000%, 10/01/38 (UB) (4) | 10/30 at 100.00 | AA+ | 2,907,630 | ||
2,560 | 5.000%, 10/01/39 (UB) (4) | 10/30 at 100.00 | AA+ | 3,299,686 | ||
2,120 | 5.000%, 10/01/40 (UB) (4) | 10/30 at 100.00 | AA+ | 2,726,553 | ||
2,000 | Memphis, Tennessee, Water System Revenue Bonds, Memphis Light, Gas & Water Divsion Series 2020, 4.000%, 12/01/50 | 12/30 at 100.00 | AAA | 2,365,580 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tennessee (continued) | ||||||
$ 215 | Memphis/Shelby County Economic Development Growth Engine Industrial Development Board, Tennessee, Tax Increment Revenue Bonds, Graceland Project, Senior Series 2017A, 4.750%, 7/01/27 | No Opt. Call | N/R | $208,787 | ||
Memphis-Shelby County Airport Authority, Tennessee, Airport Revenue Bonds, Refunding Series 2020A: | ||||||
1,040 | 4.000%, 7/01/35 | 7/30 at 100.00 | A2 | 1,236,799 | ||
450 | 4.000%, 7/01/36 | 7/30 at 100.00 | A2 | 533,394 | ||
455 | 4.000%, 7/01/37 | 7/30 at 100.00 | A2 | 537,701 | ||
375 | 4.000%, 7/01/38 | 7/30 at 100.00 | A2 | 442,065 | ||
635 | 4.000%, 7/01/39 | 7/30 at 100.00 | A2 | 746,633 | ||
10,425 | Memphis-Shelby County Airport Authority, Tennessee, Airport Revenue Bonds, Series 2018, 5.000%, 7/01/47 (AMT) | 7/28 at 100.00 | A | 12,409,190 | ||
4,715 | Metropolitan Governemnt of Nashville & Davidson County Health and Educational Facilities Board, Tennessee, Multifamily Housing Revenue Bonds, Parkwood Villa Apartments Project, Series 2010, 4.600%, 3/01/40 (Mandatory Put 3/01/25) | 11/21 at 100.00 | AA+ | 4,726,363 | ||
1,035 | Metropolitan Government Nashville & Davidson County Convention Center Authority, Tennessee, Tourism Tax Revenue Bonds, Series 2010A-1, 5.000%, 7/01/26 | 11/21 at 100.00 | A+ | 1,038,343 | ||
Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Belmont University Project, Series 2012: | ||||||
1,440 | 5.000%, 11/01/26 | 11/21 at 100.00 | A+ | 1,444,694 | ||
660 | 5.000%, 11/01/27 | 11/21 at 100.00 | A+ | 662,138 | ||
1,300 | 5.000%, 11/01/28 | 11/21 at 100.00 | A+ | 1,304,173 | ||
1,295 | 5.000%, 11/01/29 | 11/21 at 100.00 | A+ | 1,299,157 | ||
1,495 | 5.000%, 11/01/30 | 11/21 at 100.00 | A+ | 1,499,754 | ||
710 | 5.000%, 11/01/31 | 11/21 at 100.00 | A+ | 712,244 | ||
Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Blakeford at Green Hills, Refunding & Improvement Series 2012: | ||||||
1,500 | 5.000%, 7/01/27 (Pre-refunded 7/01/22) | 7/22 at 100.00 | BBB- (7) | 1,550,805 | ||
1,340 | 5.000%, 7/01/32 (Pre-refunded 7/01/22) | 7/22 at 100.00 | BBB- (7) | 1,385,386 | ||
1,210 | 5.000%, 7/01/37 (Pre-refunded 7/01/22) | 7/22 at 100.00 | BBB- (7) | 1,250,983 | ||
2,000 | Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Blakeford at Green Hills, Series 2020A, 4.000%, 11/01/55 | 11/25 at 102.00 | BBB- | 2,125,900 | ||
Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Knowledge Academy Charter School, Series 2017A: | ||||||
1,000 | 4.625%, 6/15/27, 144A (8) | No Opt. Call | N/R | 600,000 | ||
1,900 | 0.000%, 6/15/37, 144A (8) | 6/27 at 100.00 | N/R | 1,140,000 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tennessee (continued) | ||||||
Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Lipscomb University, Refunding & Improvement Series 2016A: | ||||||
$ 610 | 5.000%, 10/01/30 | 10/26 at 100.00 | BBB | $714,469 | ||
640 | 5.000%, 10/01/31 | 10/26 at 100.00 | BBB | 746,874 | ||
670 | 5.000%, 10/01/32 | 10/26 at 100.00 | BBB | 780,034 | ||
705 | 5.000%, 10/01/33 | 10/26 at 100.00 | BBB | 818,745 | ||
745 | 5.000%, 10/01/34 | 10/26 at 100.00 | BBB | 863,448 | ||
780 | 5.000%, 10/01/35 | 10/26 at 100.00 | BBB | 902,257 | ||
2,750 | 5.000%, 10/01/45 | 10/26 at 100.00 | BBB | 3,134,340 | ||
2,500 | Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Lipscomb University, Refunding & Improvement Series 2019A, 5.250%, 10/01/58 | 10/29 at 100.00 | BBB | 3,012,725 | ||
515 | Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Rocketship Education Project, Series 2017E, 5.375%, 6/01/52, 144A | 6/26 at 100.00 | N/R | 563,328 | ||
Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Vanderbilt University Medical Center, Series 2016A: | ||||||
2,740 | 5.000%, 7/01/35 | 7/26 at 100.00 | A3 | 3,247,010 | ||
1,165 | 5.000%, 7/01/40 | 7/26 at 100.00 | A3 | 1,373,453 | ||
5,000 | 5.000%, 7/01/46 | 7/26 at 100.00 | A3 | 5,853,550 | ||
5,240 | 5.000%, 7/01/46 (UB) (4) | 7/26 at 100.00 | A3 | 6,134,520 | ||
385 | Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Vanderbilt University Medical Center, Series 2017A, 5.000%, 7/01/48 | 7/27 at 100.00 | A3 | 459,548 | ||
5,000 | Metropolitan Government of Nashville-Davidson County, Tennessee, Electric System Revenue Bonds, Series 2017A, 5.000%, 5/15/42 | 5/27 at 100.00 | AA+ | 6,050,150 | ||
495 | Metropolitan Government of Nashville-Davidson County, Tennessee, General Obligation Bonds, Refunding Series 2012, 5.000%, 7/01/23 (Pre-refunded 7/01/22) | 7/22 at 100.00 | N/R (7) | 512,711 | ||
2,500 | Metropolitan Government of Nashville-Davidson County, Tennessee, General Obligation Bonds, Tender Option Bond Trust 2015-XF0224, 18.193%, 7/01/27 (Pre-refunded 7/01/23), 144A (IF) (4) | 7/23 at 100.00 | AA (7) | 3,335,925 | ||
5,750 | Metropolitan Nashville Airport Authority, Tennessee, Airport Revenue Bonds, Improvement Series 2015A, 5.000%, 7/01/45 | 7/25 at 100.00 | A1 | 6,628,485 | ||
Metropolitan Nashville Airport Authority, Tennessee, Airport Revenue Bonds, Subordinate Series 2019A: | ||||||
1,000 | 4.000%, 7/01/49 | 7/30 at 100.00 | A2 | 1,154,150 | ||
5,350 | 4.000%, 7/01/54 | 7/30 at 100.00 | A2 | 6,147,257 | ||
2,000 | Metropolitan Nashville Airport Authority, Tennessee, Airport Revenue Bonds, Subordinate Series 2019B, 5.000%, 7/01/44 (AMT) | 7/30 at 100.00 | A2 | 2,461,540 | ||
1,160 | Metropolitan Nashville Airport Authority, Tennessee, Special Facility Revenue Bonds, Aero Nashville LLC Project, Refunding Series 2010, 5.200%, 7/01/26 | 11/21 at 100.00 | Baa3 | 1,161,021 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tennessee (continued) | ||||||
Nashville Metropolitan Development and Housing Agency, Tennessee, Tax increment Bonds, Fifth & Broadway Development Project, Series 2018: | ||||||
$ 700 | 4.500%, 6/01/28, 144A | No Opt. Call | N/R | $768,229 | ||
570 | 5.125%, 6/01/36, 144A | 6/28 at 100.00 | N/R | 650,712 | ||
New Memphis Arena Public Building Authority, Memphis and Shelby County, Tennessee, Local Government Public Improvement Bonds, Capital Appreciation Series 2021: | ||||||
3,250 | 0.000%, 4/01/39 | 4/31 at 83.61 | AA | 2,135,380 | ||
5,300 | 0.000%, 4/01/40 | 4/31 at 81.47 | AA | 3,375,411 | ||
4,850 | 0.000%, 4/01/41 | 4/31 at 79.40 | AA | 2,987,842 | ||
4,175 | 0.000%, 4/01/42 | 4/31 at 77.25 | AA | 2,489,928 | ||
3,485 | 0.000%, 4/01/43 | 4/31 at 75.19 | AA | 2,014,644 | ||
3,275 | 0.000%, 4/01/44 | 4/31 at 73.15 | AA | 1,833,181 | ||
4,675 | 0.000%, 4/01/45 | 4/31 at 71.11 | AA | 2,530,157 | ||
4,450 | 0.000%, 4/01/46 | 4/31 at 69.30 | AA | 2,336,650 | ||
Portland, Tennessee, Water and Sewer System Revenue Bonds, Series 2020: | ||||||
1,225 | 4.000%, 4/01/35 – AGM Insured | 4/30 at 100.00 | AA | 1,451,282 | ||
1,485 | 4.000%, 4/01/40 – AGM Insured | 4/30 at 100.00 | AA | 1,735,475 | ||
1,000 | Shelby County Health, Educational and Housing Facilities Board, Tennessee, Revenue Bonds, Methodist Le Bonheur Healthcare, Series 2012, 5.000%, 5/01/42 (Pre-refunded 5/01/22) | 5/22 at 100.00 | A1 (7) | 1,027,450 | ||
Shelby County Health, Educational and Housing Facility Board, Tennessee, Educational Facilities Revenue Bonds, Rhodes College, Series 2015: | ||||||
700 | 5.000%, 8/01/40 | 8/25 at 100.00 | A+ | 799,288 | ||
1,000 | 5.000%, 8/01/45 | 8/25 at 100.00 | A+ | 1,142,010 | ||
1,100 | Shelby County Health, Educational and Housing Facility Board, Tennessee, Residential Care Facility Mortgage Revenue Bonds, The Village at Germantown, Series 2014, 5.250%, 12/01/44 | 12/24 at 100.00 | BBB- | 1,191,971 | ||
1,500 | Shelby County Health, Educational and Housing Facility Board, Tennessee, Residential Care Facility Mortgage Revenue Bonds, The Village at Germantown, Series 2012, 5.250%, 12/01/42 (Pre-refunded 12/01/22) | 12/22 at 100.00 | N/R (7) | 1,586,865 | ||
Tennessee State School Bond Authority, Higher Educational Facilities Second Program Bonds, Refunding Series 2015B: | ||||||
4,160 | 5.000%, 11/01/33 (Pre-refunded 11/01/25) (UB) (4) | 11/25 at 100.00 | AA+ (7) | 4,917,869 | ||
6,225 | 5.000%, 11/01/34 (Pre-refunded 11/01/25) (UB) (4) | 11/25 at 100.00 | AA+ (7) | 7,359,070 | ||
1,500 | 5.000%, 11/01/35 (Pre-refunded 11/01/25) | 11/25 at 100.00 | AA+ (7) | 1,773,270 | ||
1,295 | 5.000%, 11/01/40 (Pre-refunded 11/01/25) | 11/25 at 100.00 | AA+ (7) | 1,530,923 | ||
5,000 | 5.000%, 11/01/40 (Pre-refunded 11/01/25) (UB) (4) | 11/25 at 100.00 | AA+ (7) | 5,910,900 | ||
10,000 | 5.000%, 11/01/45 (Pre-refunded 11/01/25) (UB) (4) | 11/25 at 100.00 | AA+ (7) | 11,821,800 | ||
Tennessee State, General Obligation Bonds, Series 2014A: | ||||||
1,000 | 5.000%, 9/01/33 (Pre-refunded 9/01/24) | 9/24 at 100.00 | AAA | 1,136,300 | ||
675 | 5.000%, 9/01/34 (Pre-refunded 9/01/24) | 9/24 at 100.00 | AAA | 767,003 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tennessee (continued) | ||||||
Tennessee State, General Obligation Bonds, Series 2015A: | ||||||
$ 1,535 | 5.000%, 8/01/34 (Pre-refunded 8/01/25) | 8/25 at 100.00 | AAA | $1,801,461 | ||
1,250 | 5.000%, 8/01/35 (Pre-refunded 8/01/25) | 8/25 at 100.00 | AAA | 1,466,988 | ||
3,785 | The Tennessee Energy Acquisition Corporation, Gas Project Revenue Bonds, Series 2018, 4.000%, 11/01/49 (Mandatory Put 11/01/25) | 8/25 at 100.22 | A2 | 4,243,439 | ||
The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006A: | ||||||
1,755 | 5.250%, 9/01/22 | No Opt. Call | A2 | 1,833,343 | ||
3,230 | 5.250%, 9/01/24 | No Opt. Call | A2 | 3,663,078 | ||
2,520 | 5.250%, 9/01/26 | No Opt. Call | A2 | 2,993,281 | ||
2,100 | The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006B, 5.625%, 9/01/26 | No Opt. Call | BBB | 2,545,116 | ||
The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006C: | ||||||
250 | 5.000%, 2/01/22 | No Opt. Call | A | 253,828 | ||
600 | 5.000%, 2/01/23 | No Opt. Call | A | 636,324 | ||
100 | 5.000%, 2/01/24 | No Opt. Call | A | 110,284 | ||
5,090 | 5.000%, 2/01/27 | No Opt. Call | A | 6,068,094 | ||
10,870 | 4.000%, 5/01/48 (Mandatory Put 5/01/23) | 2/23 at 100.43 | A2 | 11,416,978 | ||
Watauga River Regional Water Authority, Tennessee, Waterworks Revenue Bonds, Series 2012: | ||||||
500 | 5.000%, 7/01/34 (Pre-refunded 7/01/22) | 7/22 at 100.00 | A (7) | 517,315 | ||
4,385 | 5.000%, 7/01/42 (Pre-refunded 7/01/22) | 7/22 at 100.00 | A (7) | 4,536,853 | ||
1,700 | Watauga River Regional Water Authority, Tennessee, Waterworks Revenue Bonds, Series 2017, 4.000%, 7/01/37 | 7/27 at 100.00 | A | 1,954,286 | ||
500 | West Knox Utility District of Knox County, Tennessee, Water and Sewer Revenue Bonds, Refunding & Improvement Series 2016, 5.000%, 6/01/41 | 6/24 at 100.00 | AA+ | 557,210 | ||
4,995 | West Wilson Utility District, Wilson County, Tennessee, Water Revenue Bonds, Refunding & Improvement Series 2015, 5.000%, 6/01/45 | 6/25 at 100.00 | AA | 5,753,591 | ||
310 | Williamson County HB & TS Utility District, Tennessee, Waterworks Revenue Bonds, Series 2020, 4.000%, 9/01/41 | 9/29 at 100.00 | AA | 360,536 | ||
374,945 | Total Tennessee | 407,352,009 | ||||
Texas – 6.5% | ||||||
8,520 | Arlington Higher Education Finance Corporation, Texas, Education Revenue Bonds, Great Hearts America - Texas, Series 2021A, 3.000%, 8/15/56 (UB) (4) | 8/31 at 100.00 | Aaa | 8,903,230 | ||
6,000 | Arlington Higher Education Finance Corporation, Texas, Education Revenue Bonds, Harmony Public Schools, Series 2021A, 3.000%, 2/15/46 (UB) (4) | 2/31 at 100.00 | AAA | 6,358,320 | ||
4,035 | Arlington Higher Education Finance Corporation, Texas, Education Revenue Bonds, Riverwalk Education Foundation, Series 2019, 3.000%, 8/15/54 (UB) (4) | 8/29 at 100.00 | AAA | 4,174,409 | ||
Arlington Higher Education Finance Corporation, Texas, Education Revenue Bonds, Uplift Education, Series 2016A: | ||||||
125 | 5.000%, 12/01/46 | 12/26 at 100.00 | BBB- | 142,318 | ||
740 | 5.000%, 12/01/51 | 12/26 at 100.00 | BBB- | 841,158 | ||
10,000 | Arlington, Texas, Special Tax Revenue Bonds, Subordinate Lien Series 2018C, 5.000%, 2/15/48 – BAM Insured | 2/23 at 100.00 | AA | 10,497,700 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
Austin, Texas, Airport System Revenue Bonds, Series 2019B: | ||||||
$ 6,000 | 5.000%, 11/15/44 (AMT) | 11/29 at 100.00 | A1 | $7,409,340 | ||
10,960 | 5.000%, 11/15/48 (AMT) | 11/29 at 100.00 | A1 | 13,465,894 | ||
Carrollton-Farmers Branch Independent School District, Dallas County, Texas, General Obligation Bonds, School Building Series 2021: | ||||||
1,260 | 3.000%, 2/15/37 | 2/30 at 100.00 | AAA | 1,392,514 | ||
1,150 | 3.000%, 2/15/38 | 2/30 at 100.00 | AAA | 1,266,897 | ||
965 | 3.000%, 2/15/39 | 2/30 at 100.00 | AAA | 1,059,589 | ||
765 | 3.000%, 2/15/40 | 2/30 at 100.00 | AAA | 837,537 | ||
5,410 | Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien, Series 2018, 5.000%, 1/01/48 | 1/28 at 100.00 | A- | 6,423,888 | ||
2,745 | Clifton Higher Education Finance Corporation, Texas, Education Revenue Bonds, Idea Public Schools, Series 2012, 5.000%, 8/15/32 | 8/22 at 100.00 | A- | 2,832,620 | ||
1,250 | Clifton Higher Education Finance Corporation, Texas, Education Revenue Bonds, Idea Public Schools, Series 2013, 6.000%, 8/15/33 | 8/23 at 100.00 | A- | 1,362,275 | ||
2,500 | Clifton Higher Education Finance Corporation, Texas, Education Revenue Bonds, Uplift Education Charter School, Series 2014A, 4.250%, 12/01/34 | 12/24 at 100.00 | BBB- | 2,666,425 | ||
9,700 | Clifton Higher Education Finance Corporation, Texas, Education Revenue Bonds, Uplift Education Charter School, Series 2015A, 5.000%, 12/01/50 | 6/25 at 100.00 | BBB- | 10,658,845 | ||
Collin County Community College District, Texas, General Obligation Bonds, Series 2020A: | ||||||
3,870 | 4.000%, 8/15/36 | 8/29 at 100.00 | AAA | 4,633,164 | ||
4,105 | 4.000%, 8/15/37 | 8/29 at 100.00 | AAA | 4,900,959 | ||
3,300 | 4.000%, 8/15/38 | 8/29 at 100.00 | AAA | 3,930,960 | ||
12,265 | Dallas Area Rapid Transit, Texas, Sales Tax Revenue Bonds, Refunding Series 2016A, 5.000%, 12/01/46 (UB) (4) | 12/25 at 100.00 | AA+ | 14,272,290 | ||
5,000 | Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Refunding Series 2012E, 5.000%, 11/01/42 (Pre-refunded 11/01/21) (AMT) | 11/21 at 100.00 | A1 (7) | 5,017,950 | ||
1,720 | Fort Bend County Industrial Development Corporation, Texas, Revenue Bonds, NRG Energy Inc Project, Series 2012A RMKT, 4.750%, 5/01/38 | 11/22 at 100.00 | Baa2 | 1,787,424 | ||
Fort Bend County, Texas, Toll Road Revenue Bonds, Senior Lien Series 2021: | ||||||
1,000 | 3.000%, 3/01/46 – BAM Insured (UB) (4) | 3/31 at 100.00 | AA | 1,060,850 | ||
1,625 | 3.000%, 3/01/51 – BAM Insured (UB) (4) | 3/31 at 100.00 | AA | 1,713,270 | ||
Fort Bend Grand Parkway Toll Road Authority, Texas, Revenue Bonds Series 2021: | ||||||
1,555 | 3.000%, 3/01/46 (UB) (4) | 3/31 at 100.00 | Aa1 | 1,663,244 | ||
1,485 | 3.000%, 3/01/51 (UB) (4) | 3/31 at 100.00 | Aa1 | 1,581,169 | ||
5,960 | Godley Independent School District, Texas, General Obligation Bonds, School Building Series 2021, 3.000%, 2/15/46 (UB) (4) | 2/31 at 100.00 | Aaa | 6,414,986 | ||
Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Refunding First Tier Series 2020C: | ||||||
8,000 | 4.000%, 10/01/45 | 4/30 at 100.00 | A+ | 9,209,680 | ||
12,420 | 4.000%, 10/01/49 | 4/30 at 100.00 | A+ | 14,222,266 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
$ 1,075 | Gulf Coast Industrial Development Authority, Texas, Solid Waste Disposal Revenue Bonds, Citgo Petroleum Corporation Project, Series 1995, 4.875%, 5/01/25 (AMT) | 10/22 at 100.00 | BB | $1,094,017 | ||
5,200 | Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Memorial Hermann Health System, Series 2019B-3, 5.000%, 7/01/49 (Mandatory Put 12/01/26) | 9/26 at 100.78 | A+ | 6,285,656 | ||
23,500 | Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Texas Childrens Hospital, Series 2021A, 3.000%, 10/01/51 (UB) (4) | 10/31 at 100.00 | AA | 24,400,520 | ||
8,585 | Harris County Cultural Education Facilities Finance Corporation, Texas, Revenue Refunding Bonds, Young Men's Christian Association of the Greater Houston Area, Series 2013A, 5.000%, 6/01/33 | 6/23 at 100.00 | Baa2 | 8,849,075 | ||
1,325 | Harris County-Houston Sports Authority, Texas, Revenue Bonds, Third Lien Series 2004A-3, 0.000%, 11/15/33 – NPFG Insured | 11/24 at 59.10 | Baa2 | 720,349 | ||
1,735 | Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines Inc Terminal Improvement Project, Refunding Series 2015B-1, 5.000%, 7/15/30 (AMT) | 7/25 at 100.00 | B | 1,926,822 | ||
7,115 | Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines, Inc Airport Improvements Project, Refunding Series 2020C, 5.000%, 7/15/27 (AMT) | No Opt. Call | B- | 8,325,333 | ||
9,900 | Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines, Inc Technical Operations Center Project, Series 2018, 5.000%, 7/15/28 (AMT) | No Opt. Call | B | 11,759,319 | ||
250 | Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines, Inc Terminal E Project, Refunding Series 2014, 5.000%, 7/01/29 (AMT) | 7/24 at 100.00 | Ba3 | 272,335 | ||
430 | Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines, Inc Terminal E Project, Refunding Series 2020A, 5.000%, 7/01/27 (AMT) | No Opt. Call | B- | 504,407 | ||
1,645 | Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines, Inc Terminal E Project, Series 2021B-1, 4.000%, 7/15/41 (AMT) | 7/29 at 100.00 | B- | 1,753,356 | ||
1,000 | Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines, Inc Terminal Improvements Project, Refunding Series 2020B-2, 5.000%, 7/15/27 (AMT) | No Opt. Call | B- | 1,173,820 | ||
8,755 | Houston, Texas, Combined Utility System Revenue Bonds, Refunding First Lien Series 2017B, 5.000%, 11/15/37 | 11/27 at 100.00 | Aa2 | 10,717,083 | ||
Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment Facilities Department, Refunding Series 2014: | ||||||
2,560 | 5.000%, 9/01/32 | 9/24 at 100.00 | A | 2,841,626 | ||
335 | 5.000%, 9/01/34 | 9/24 at 100.00 | A | 371,542 | ||
Kerrville Health Facilities Development Corporation, Texas, Revenue Bonds, Sid Peterson Memorial Hospital Project, Series 2015: | ||||||
1,360 | 5.000%, 8/15/30 | 8/25 at 100.00 | A | 1,543,954 | ||
1,280 | 5.000%, 8/15/35 | 8/25 at 100.00 | A | 1,439,757 | ||
Lamar Consolidated Independent School District, Fort Bend County, Texas, General Obligation Bonds, Schoolhouse Series 2021: | ||||||
9,460 | 3.000%, 2/15/51 | 2/31 at 100.00 | AAA | 10,061,751 | ||
5,000 | 3.000%, 2/15/56 (UB) (4) | 2/31 at 100.00 | AAA | 5,292,050 | ||
1,000 | Love Field Airport Modernization Corporation, Texas, General Airport Revenue Bonds, Series 2017, 5.000%, 11/01/35 (AMT) | 11/26 at 100.00 | A1 | 1,188,510 | ||
6,720 | Love Field Airport Modernization Corporation, Texas, Special Facilities Revenue Bonds, Southwest Airlines Company - Love Field Modernization Program Project, Series 2012, 5.000%, 11/01/28 (AMT) | 11/22 at 100.00 | Baa1 | 7,040,410 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
$ 1,800 | Lower Colorado River Authority, Texas, Transmission Contract Revenue Bonds, LCRA Transmission Services Corporation Project, Refunding Series 2018, 5.000%, 5/15/48 | 5/28 at 100.00 | A+ | $2,155,068 | ||
Lower Colorado River Authority, Texas, Transmission Contract Revenue Bonds, LCRA Transmission Services Corporation Project, Refunding Series 2020: | ||||||
2,250 | 5.000%, 5/15/34 | 5/29 at 100.00 | A+ | 2,834,820 | ||
1,120 | 5.000%, 5/15/35 | 5/29 at 100.00 | A+ | 1,407,291 | ||
Lower Colorado River Authority, Texas, Transmission Contract Revenue Bonds, LCRA Transmission Services Corporation Project, Refunding Series 2021: | ||||||
3,000 | 5.000%, 5/15/46 | 5/30 at 100.00 | A+ | 3,725,550 | ||
5,795 | 5.000%, 5/15/51 | 5/30 at 100.00 | A+ | 7,152,479 | ||
7,000 | Matagorda County Navigation District 1, Texas, Pollution Control Revenue Bonds, Central Power & Light Company Project, Refunding Series 2001A, 2.600%, 11/01/29 | No Opt. Call | A- | 7,503,510 | ||
4,520 | Mission Economic Development Corporation, Texas, Revenue Bonds, Natgasoline Project, Senior Lien Series 2018, 4.625%, 10/01/31, 144A (AMT) | 10/21 at 105.00 | BB- | 4,753,548 | ||
4,510 | Mission Economic Development Corporation, Texas, Water Supply Revenue Bonds, Enviro Water Minerals Project, Green Bonds, Series 2015, 7.750%, 1/01/45, 144A (AMT) (8), (9) | 1/26 at 102.00 | N/R | 115,764 | ||
New Hope Cultural Education Facilities Finance Corporation, Texas, Retirement Facility Revenue Bonds, Legacy at Willow Bend Project, Series 2016: | ||||||
665 | 5.000%, 11/01/46 | 11/23 at 103.00 | BBB- | 713,811 | ||
805 | 5.000%, 11/01/51 | 11/23 at 103.00 | BBB- | 863,234 | ||
570 | New Hope Cultural Education Facilities Finance Corporation, Texas, Retirement Facility Revenue Bonds, Legacy Midtown Park Project, Series 2018A, 5.500%, 7/01/54 | 7/24 at 103.00 | N/R | 601,470 | ||
New Hope Cultural Education Facilities Finance Corporation, Texas, Retirement Facility Revenue Bonds, Methodist Retirement Communites Crestview Project, Series 2016: | ||||||
1,100 | 5.000%, 11/15/36 | 11/24 at 102.00 | BB+ | 1,196,316 | ||
1,550 | 5.000%, 11/15/46 | 11/24 at 102.00 | BB+ | 1,672,109 | ||
755 | New Hope Cultural Education Facilities Finance Corporation, Texas, Retirement Facility Revenue Bonds, Wesleyan Homes, Inc Project, Series 2014, 5.500%, 1/01/43 | 1/25 at 100.00 | N/R | 788,590 | ||
9,680 | New Hope Cultural Education Facilities Finance Corporation, Texas, Retirement Facility Revenue Bonds, Westminster Project, Series 2016, 4.000%, 11/01/36 | 11/24 at 102.00 | BBB | 10,454,690 | ||
New Hope Cultural Education Facilities Finance Corporation, Texas, Senior Living Revenue Bonds, Sanctuary LTC LLC Project, Series 2021A-1: | ||||||
20,000 | 5.250%, 1/01/42 | 1/28 at 103.00 | N/R | 19,801,400 | ||
19,015 | 5.500%, 1/01/57 | 1/28 at 103.00 | N/R | 18,664,744 | ||
New Hope Cultural Education Facilities Finance Corporation, Texas, Student Housing Revenue Bonds, CHF-Collegiate Housing Corpus Christi II, LLC-Texas A&M University-Corpus Christi Project, Series 2016A: | ||||||
30 | 5.000%, 4/01/31 (Pre-refunded 4/01/26) | 4/26 at 100.00 | N/R (7) | 35,709 | ||
360 | 5.000%, 4/01/36 (Pre-refunded 4/01/26) | 4/26 at 100.00 | N/R (7) | 428,504 | ||
65 | 5.000%, 4/01/48 (Pre-refunded 4/01/26) | 4/26 at 100.00 | N/R (7) | 77,369 | ||
6,625 | New Hope Cultural Education Facilities Finance Corporation, Texas, Student Housing Revenue Bonds, CHF-Collegiate Housing Foundation - College Station I LLC - Texas A&M University Project, Series 2014A, 4.100%, 4/01/34 – AGM Insured | 4/24 at 100.00 | AA | 7,055,625 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
New Hope Cultural Education Facilities Finance Corporation, Texas, Student Housing Revenue Bonds, CHF-Collegiate Housing Foundation - San Antonio 1, LLC - Texas A&M University - San Antonio Project,: | ||||||
$ 1,275 | 5.000%, 4/01/31 (Pre-refunded 4/01/26) | 4/26 at 100.00 | N/R (7) | $1,514,509 | ||
1,290 | 5.000%, 4/01/36 (Pre-refunded 4/01/26) | 4/26 at 100.00 | N/R (7) | 1,532,326 | ||
2,445 | 5.000%, 4/01/48 (Pre-refunded 4/01/26) | 4/26 at 100.00 | N/R (7) | 2,904,293 | ||
1,250 | New Hope Cultural Education Facilities Finance Corporation, Texas, Student Housing Revenue Bonds, CHF-Collegiate Housing Foundation - Stephenville II, LLC - Tarleton State University Project, Series 2014A, 5.000%, 4/01/34 (Pre-refunded 4/01/24) | 4/24 at 100.00 | N/R (7) | 1,383,512 | ||
3,000 | New Hope Cultural Education Facilities Finance Corporation, Texas, Student Housing Revenue Bonds, CHF-Collegiate Housing Galveston-Texas A&M University at Galveston Project, Series 2014A, 5.000%, 4/01/34 (Pre-refunded 4/01/24) | 4/24 at 100.00 | N/R (7) | 3,328,320 | ||
10,000 | New Hope Cultural Education Facilities Finance Corporation, Texas, Student Housing Revenue Bonds, NCCD - College Station Properties LLC - Texas A&M University Project, Series 2015A, 5.000%, 7/01/47 | 7/25 at 100.00 | Caa1 | 8,600,000 | ||
10,880 | North Texas Tollway Authority, Special Projects System Revenue Bonds, Convertible Capital Appreciation Series 2011C, 6.750%, 9/01/45 (Pre-refunded 9/01/31) | 9/31 at 100.00 | N/R (7) | 16,478,957 | ||
7,915 | North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2019A, 5.000%, 1/01/38 | 1/29 at 100.00 | A+ | 9,820,536 | ||
North Texas Tollway Authority, System Revenue Bonds, Refunding Second Tier Series 2021B: | ||||||
17,405 | 3.000%, 1/01/46 (UB) (4) | 1/31 at 100.00 | A | 18,195,361 | ||
13,265 | 3.000%, 1/01/51 (UB) (4) | 1/31 at 100.00 | A | 13,805,814 | ||
4,410 | North Texas Tollway Authority, System Revenue Bonds, Refunding Second Tier, Series 2015A, 5.000%, 1/01/34 | 1/25 at 100.00 | A | 5,015,493 | ||
4,395 | Port of Houston Authority, Harris County, Texas, General Obligation Bonds, Refunding Series 2018A, 5.000%, 10/01/32 (AMT) | 10/28 at 100.00 | Aaa | 5,492,915 | ||
Reagan Hospital District of Reagan County, Texas, Limited Tax Revenue Bonds, Series 2014A: | ||||||
655 | 5.000%, 2/01/29 | 2/24 at 100.00 | Ba1 | 704,498 | ||
1,805 | 5.000%, 2/01/34 | 2/24 at 100.00 | Ba1 | 1,926,639 | ||
385 | 5.125%, 2/01/39 | 2/24 at 100.00 | Ba1 | 410,233 | ||
645 | SA Energy Acquisition Public Facilities Corporation, Texas, Gas Supply Revenue Bonds, Series 2007, 5.500%, 8/01/27 | No Opt. Call | A2 | 806,830 | ||
5,950 | Stephen F Austin State University, Texas, Revenue Bonds, Refunding & Improvement Series 2016, 5.000%, 10/15/42 | 10/28 at 100.00 | AA- | 7,255,489 | ||
3,000 | Tarrant County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, Texas Health Resources System, Series 2016A, 5.000%, 2/15/41 | 8/26 at 100.00 | AA | 3,552,180 | ||
3,435 | Tarrant County Cultural Education Facilities, Texas, Finance Corporation Revenue Bonds, Christus Health, Refunding Series 2018B, 5.000%, 7/01/35 | 1/29 at 100.00 | A+ | 4,226,630 | ||
4,535 | Temple College District, Bell County, Texas, General Obligation Limited Tax, Series 2021, 3.000%, 7/01/46 (UB) (4) | 7/31 at 100.00 | AA- | 4,815,580 | ||
10,000 | Texas Municipal Gas Acquisition and Supply Corporation III, Gas Supply Revenue Bonds, Refunding Series 2021, 5.000%, 12/15/32 | No Opt. Call | A3 | 13,392,600 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
$ 10,115 | Texas Private Activity Bond Surface Transporation Corporation, Senior Lien Revenue Bonds, Blueridge Transportation Group, LLC SH 288 Toll Lanes Project, Series 2016, 5.000%, 12/31/40 (AMT) | 12/25 at 100.00 | Baa3 | $11,358,235 | ||
Texas Private Activity Bond Surface Transportation Corporation, Senior Lien Revenue Bonds, LBJ Infrastructure Group LLC IH-635 Managed Lanes Project, Refunding Series 2020A: | ||||||
2,570 | 4.000%, 6/30/35 | 12/30 at 100.00 | Baa2 | 3,036,224 | ||
4,820 | 4.000%, 12/31/35 | 12/30 at 100.00 | Baa2 | 5,687,504 | ||
1,515 | 4.000%, 6/30/37 | 12/30 at 100.00 | Baa2 | 1,776,656 | ||
2,650 | 4.000%, 12/31/38 | 12/30 at 100.00 | Baa2 | 3,094,802 | ||
2,550 | 4.000%, 12/31/39 | 12/30 at 100.00 | Baa2 | 2,967,639 | ||
7,300 | Texas Private Activity Bond Surface Transportation Corporation, Senior Lien Revenue Bonds, NTE Mobility Partners Segments 3 LLC Segments 3A & 3B Facility, Series 2013, 6.750%, 6/30/43 (AMT) | 9/23 at 100.00 | Baa3 | 8,141,617 | ||
Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, Refunding First Tier Series 2015B: | ||||||
16,500 | 0.000%, 8/15/36 | 8/24 at 59.60 | A | 9,499,710 | ||
7,000 | 0.000%, 8/15/37 | 8/24 at 56.94 | A | 3,848,040 | ||
2,910 | Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, Refunding First Tier Series 2020A, 3.000%, 8/15/40 | 8/30 at 100.00 | A | 3,064,114 | ||
10,000 | Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, Refunding Second Tier Series 2015C, 5.000%, 8/15/37 | 8/24 at 100.00 | A- | 11,193,200 | ||
Texas Water Development Board, State Revolving Fund Revenue Bonds, New Series 2020: | ||||||
4,165 | 3.000%, 8/01/39 | 8/30 at 100.00 | AAA | 4,583,333 | ||
5,000 | 3.000%, 8/01/40 | 8/30 at 100.00 | AAA | 5,489,650 | ||
1,030 | Viridian Municipal Management District, Texas, Reinvest Zone 6 Tax Increment Revenue Bonds, Refunding Road Improvement Series 2015, 6.000%, 12/01/32 – BAM Insured | 12/24 at 100.00 | AA | 1,197,220 | ||
1,135 | Viridian Municipal Management District, Texas, Reinvest Zone 6 Tax Increment Revenue Bonds, Refunding Utility Improvement Series 2015, 6.000%, 12/01/31 – BAM Insured | 12/24 at 100.00 | AA | 1,320,425 | ||
Waco Educational Finance Corp, Texas, Revenue Bonds, Baylor University, Series 2021: | ||||||
1,315 | 4.000%, 3/01/46 (UB) (4) | 3/31 at 100.00 | A+ | 1,526,347 | ||
1,315 | 4.000%, 3/01/51 (UB) (4) | 3/31 at 100.00 | A+ | 1,519,640 | ||
513,705 | Total Texas | 554,731,535 | ||||
Utah – 0.9% | ||||||
5,780 | Military Installation Development Authority, Utah, Tax Allocation Revenue Bonds, Series 2021A-2, 4.000%, 6/01/52 | 9/26 at 103.00 | N/R | 5,846,297 | ||
2,600 | Red Bridge Public Infrastructure District 1, Utah, Limited Tax General Obligation Bonds, Series 2021A, 4.375%, 2/01/51, 144A | 2/26 at 103.00 | N/R | 2,702,102 | ||
20,000 | Salt Lake City, Utah, Airport Revenue Bonds, International Airport Series 2017A, 5.000%, 7/01/42 (AMT) | 7/27 at 100.00 | A | 23,802,400 | ||
Salt Lake City, Utah, Airport Revenue Bonds, International Airport Series 2018A: | ||||||
8,180 | 5.000%, 7/01/43 (AMT) | 7/28 at 100.00 | A | 9,859,763 | ||
12,610 | 5.250%, 7/01/48 (AMT) | 7/28 at 100.00 | A | 15,359,484 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Utah (continued) | ||||||
$ 5,000 | Salt Lake City, Utah, Airport Revenue Bonds, International Airport Series 2021A, 4.000%, 7/01/51 (AMT) (UB) (4) | 7/31 at 100.00 | A | $5,708,450 | ||
Utah Charter School Finance Authority Charter School Revenue Bonds, Vista at Entrada School of Performing Arts and Technology) Series 2012: | ||||||
125 | 5.600%, 7/15/22 (ETM) | No Opt. Call | N/R (7) | 130,190 | ||
850 | 6.300%, 7/15/32 (Pre-refunded 7/15/22) | 7/22 at 100.00 | N/R (7) | 889,721 | ||
1,000 | Utah Charter School Finance Authority, Charter School Revenue Bonds, Providence Hall Projects, Refunding Serier 2021A, 4.000%, 10/15/46 | 10/31 at 100.00 | Aa2 | 1,156,580 | ||
1,000 | Utah Charter School Finance Authority, Charter School Revenue Bonds, Providence Hall Projects, Refunding Series 2021A, 4.000%, 10/15/51 | 10/31 at 100.00 | Aa2 | 1,151,230 | ||
1,705 | Utah Charter School Finance Authority, Revenue Bonds, Ronald Eilson Reagan Academy Project, Refunding Series 2016A, 5.000%, 2/15/46, 144A | 2/26 at 100.00 | BB | 1,834,051 | ||
7,000 | Utah County, Utah, Hospital Revenue Bonds, IHC Health Services Inc, Series 2018A, 5.000%, 5/15/41 | 5/26 at 100.00 | AA+ | 8,152,410 | ||
65,850 | Total Utah | 76,592,678 | ||||
Virginia – 1.5% | ||||||
Arlington County Industrial Development Authority, Virginia, Hospital Facility Revenue Bonds, Virginia Hospital Center, Series 2020: | ||||||
705 | 4.000%, 7/01/38 | 7/30 at 100.00 | AA- | 832,337 | ||
1,080 | 4.000%, 7/01/39 | 7/30 at 100.00 | AA- | 1,271,776 | ||
Peninsula Town Center Community Development Authority, Virginia, Special Obligation Bonds, Refunding Series 2018: | ||||||
4,520 | 5.000%, 9/01/37, 144A | 9/27 at 100.00 | N/R | 4,932,043 | ||
2,430 | 4.500%, 9/01/45, 144A | 9/27 at 100.00 | N/R | 2,578,862 | ||
5,600 | 5.000%, 9/01/45, 144A | 9/27 at 100.00 | N/R | 6,094,368 | ||
7,930 | Roanoke Economic Development Authority, Virginia, Hospital Revenue Bonds, Carilion Clinic Obligated Group, Series 2020A, 4.000%, 7/01/51 | 7/30 at 100.00 | AA- | 9,152,806 | ||
10,070 | Tobacco Settlement Financing Corporation of Virginia, Tobacco Settlement Asset Backed Bonds, Series 2007B1, 5.000%, 6/01/47 | 10/21 at 100.00 | B- | 10,126,392 | ||
1,000 | Virginia College Building Authority, Educational Facilities Revenue Bonds, Marymount University Project, Green Series 2015B, 5.000%, 7/01/45, 144A | 7/25 at 100.00 | BB+ | 1,070,600 | ||
15,620 | Virginia College Building Authority, Educational Facilities Revenue Bonds, Public Higher Education Financing Program, Series 2021C, 3.000%, 9/01/46 (UB) (4) | 9/31 at 100.00 | AA+ | 16,903,964 | ||
5,000 | Virginia Port Authority, General Fund Revenue Bonds, Series 2015, 5.000%, 7/01/40 (Pre-refunded 7/01/25) (AMT) | 7/25 at 100.00 | AA+ (7) | 5,830,950 | ||
2,000 | Virginia Port Authority, Port Facilities Revenue Bonds, Refunding Series 2016B, 5.000%, 7/01/41 (AMT) | 7/26 at 100.00 | A1 | 2,325,620 | ||
2,000 | Virginia Small Business Finance Authority, Educational Facilities Revenue Bonds, Provident Resource Group - Rixey Student Housing Project, Series 2019A, 5.500%, 7/01/49, 144A | 7/34 at 100.00 | N/R | 2,177,980 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Virginia (continued) | ||||||
Virginia Small Business Financing Authority, Private Activity Revenue Bonds, Transform 66 P3 Project, Senior Lien Series 2017: | ||||||
$ 3,400 | 5.000%, 12/31/47 (AMT) | 6/27 at 100.00 | BBB | $4,051,474 | ||
1,740 | 5.000%, 12/31/49 (AMT) | 6/27 at 100.00 | BBB | 2,070,061 | ||
3,365 | 5.000%, 12/31/52 (AMT) | 6/27 at 100.00 | BBB | 3,985,775 | ||
13,250 | 5.000%, 12/31/56 (AMT) | 6/27 at 100.00 | BBB | 15,684,423 | ||
Virginia Small Business Financing Authority, Revenue Bonds, National Senior Campuses Inc Obligated Group, Series 2020A: | ||||||
3,415 | 4.000%, 1/01/45 | 7/27 at 103.00 | A | 3,852,871 | ||
6,340 | 4.000%, 1/01/51 | 7/27 at 103.00 | A | 7,107,837 | ||
5,500 | Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, 95 Express Lanes LLC Project, Series 2012, 5.000%, 1/01/40 (AMT) | 1/22 at 100.00 | BBB | 5,559,565 | ||
13,975 | Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, 95 Express Lanes LLC Project, Series 2019, 5.000%, 7/01/49 (AMT) | 1/22 at 100.00 | BBB | 14,119,082 | ||
Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, Elizabeth River Crossing, Opco LLC Project, Series 2012: | ||||||
3,515 | 5.250%, 1/01/32 (AMT) | 7/22 at 100.00 | BBB | 3,633,315 | ||
7,715 | 5.500%, 1/01/42 (AMT) | 7/22 at 100.00 | BBB | 7,986,568 | ||
120,170 | Total Virginia | 131,348,669 | ||||
Washington – 1.5% | ||||||
2,450 | King County Public Hospital District 4, Washington, General Obligation Bonds, Snoqualmie Valley Hospital, Refunding Improvement Series 2011, 7.000%, 12/01/40 (Pre-refunded 12/01/21) | 12/21 at 100.00 | N/R (7) | 2,476,191 | ||
210 | Ocean Shores, Washington, Local Improvement District 2007-01 Bonds, 2011, 7.250%, 2/01/31 | No Opt. Call | BBB+ | 253,233 | ||
5,385 | Port of Seattle, Washington, Revenue Bonds, Intermediate Lien Series 2018A, 5.000%, 5/01/30 (AMT) | 5/27 at 100.00 | AA- | 6,450,422 | ||
Port of Seattle, Washington, Revenue Bonds, Intermediate Lien Series 2019: | ||||||
10,000 | 5.000%, 4/01/38 (AMT) | 4/29 at 100.00 | AA- | 12,248,000 | ||
7,225 | 5.000%, 4/01/39 (AMT) | 4/29 at 100.00 | AA- | 8,829,673 | ||
Skagit County Public Hospital District 1, Washington, Revenue Bonds, Skagit Valley Hospital, Refunding & Improvement Series 2016: | ||||||
3,825 | 5.000%, 12/01/30 | 12/26 at 100.00 | Baa2 | 4,492,730 | ||
1,950 | 5.000%, 12/01/31 | 12/26 at 100.00 | Baa2 | 2,284,250 | ||
4,000 | 5.000%, 12/01/32 | 12/26 at 100.00 | Baa2 | 4,676,280 | ||
1,120 | 5.000%, 12/01/37 | 12/26 at 100.00 | Baa2 | 1,298,248 | ||
Washington Health Care Facilities Authority, Revenue Bonds, Kadlec Regional Medical Center, Series 2012: | ||||||
2,775 | 5.000%, 12/01/27 (Pre-refunded 12/01/21) | 12/21 at 100.00 | N/R (7) | 2,796,062 | ||
2,435 | 5.000%, 12/01/42 (Pre-refunded 12/01/21) | 12/21 at 100.00 | N/R (7) | 2,453,676 | ||
1,600 | Washington Health Care Facilities Authority, Revenue Bonds, PeaceHealth, Refunding Series 2014A, 5.000%, 11/15/28 (Pre-refunded 5/15/24) | 5/24 at 100.00 | AA- (7) | 1,790,288 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Washington (continued) | ||||||
Washington Health Care Facilities Authority, Revenue Bonds, Virginia Mason Medical Center, Series 2017: | ||||||
$ 5,180 | 5.000%, 8/15/34 | 8/27 at 100.00 | BBB- | $6,063,345 | ||
1,775 | 5.000%, 8/15/35 | 8/27 at 100.00 | BBB- | 2,074,886 | ||
2,500 | 5.000%, 8/15/36 | 8/27 at 100.00 | BBB- | 2,916,225 | ||
2,400 | 5.000%, 8/15/37 | 8/27 at 100.00 | BBB- | 2,793,792 | ||
5,010 | 4.000%, 8/15/42 | 8/27 at 100.00 | BBB- | 5,429,287 | ||
Washington Health Care Facilities Authority, Revenue Bonds, Yakima Valley Memorial Hospital Association, Series 2016: | ||||||
6,000 | 5.000%, 12/01/41 | 12/26 at 100.00 | Ba1 | 6,817,680 | ||
5,930 | 5.000%, 12/01/46 | 12/26 at 100.00 | Ba1 | 6,692,835 | ||
4,640 | Washington State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Refunding Subordinate Series 2021B Exchange Purchase, 4.000%, 7/01/43 | 7/31 at 100.00 | Baa3 | 5,227,099 | ||
12,000 | Washington State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Series 2018, 5.000%, 7/01/58 (UB) (4) | 7/28 at 100.00 | Baa1 | 14,441,760 | ||
Washington State Higher Education Facilities Authority, Revenue Bonds, Seattle University, Series 2020: | ||||||
1,000 | 4.000%, 5/01/45 | 5/30 at 100.00 | A | 1,139,060 | ||
1,025 | 4.000%, 5/01/50 | 5/30 at 100.00 | A | 1,162,145 | ||
Washington State Housing Finance Commission, Nonprofit Refunding Revenue Bonds, Wesley Homes at Lea Hill Project, Series 2016: | ||||||
1,155 | 5.000%, 7/01/41, 144A | 7/26 at 100.00 | N/R | 1,252,609 | ||
2,000 | 5.000%, 7/01/46, 144A | 7/26 at 100.00 | N/R | 2,155,280 | ||
3,805 | 5.000%, 7/01/51, 144A | 7/26 at 100.00 | N/R | 4,091,745 | ||
1,100 | Washington State Housing Finance Commission, Non-Profit Revenue Bonds, Emerald Heights Project, Refunding 2013, 5.000%, 7/01/28 | 7/23 at 100.00 | A- | 1,171,940 | ||
2,340 | Washington State Housing Finance Commission, Revenue Bonds, Riverview Retirement Community, Refunding Series 2012, 5.000%, 1/01/48 | 1/23 at 100.00 | BBB- | 2,409,826 | ||
8,520 | Washington State, General Obligation Bonds, Various Purpose Series 2015B, 5.000%, 2/01/36 | 2/25 at 100.00 | Aaa | 9,739,979 | ||
109,355 | Total Washington | 125,628,546 | ||||
West Virginia – 0.4% | ||||||
12,460 | West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Arch Resources Project, Series 2020, 5.000%, 7/01/45 (Mandatory Put 7/01/25) (AMT) | 1/25 at 100.00 | B | 13,541,279 | ||
15,500 | West Virginia Hospital Finance Authority, Hospital Revenue Bonds, Cabell Huntington Hospital, Inc Project, Refunding & Improvement Series 2018A, 5.000%, 1/01/43 | 1/29 at 100.00 | BBB+ | 18,624,180 | ||
2,375 | West Virginia Hospital Finance Authority, Hospital Revenue Bonds, Charleston Area Medical Center, Refunding & Improvement Series 2019A, 5.000%, 9/01/30 | 9/29 at 100.00 | Baa1 | 2,987,869 | ||
1,585 | West Virginia Hospital Finance Authority, Hospital Revenue Bonds, West Virginia United Health System Obligated Group, Refunding & Improvement Series 2013A, 4.000%, 6/01/41 | 6/26 at 100.00 | A | 1,747,510 | ||
31,920 | Total West Virginia | 36,900,838 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin – 2.4% | ||||||
$ 1,250 | Public Finance Authority of Wisconsin, Charter School Revenue Bonds, Cornerstone Charter Academy, North Carolina, Series 2016A, 5.000%, 2/01/36, 144A | 2/26 at 100.00 | N/R | $1,342,763 | ||
Public Finance Authority of Wisconsin, Charter School Revenue Bonds, Eno River Academy Project, Series 2020A: | ||||||
815 | 5.000%, 6/15/40, 144A | 6/30 at 100.00 | Ba1 | 932,213 | ||
1,380 | 5.000%, 6/15/54, 144A | 6/30 at 100.00 | Ba1 | 1,551,603 | ||
Public Finance Authority of Wisconsin, Charter School Revenue Bonds, Founders Academy of Las Vegas, Series 2020A: | ||||||
555 | 4.000%, 7/01/30, 144A | 7/28 at 100.00 | BB- | 598,468 | ||
200 | 5.000%, 7/01/55, 144A | 7/28 at 100.00 | BB- | 220,010 | ||
2,150 | Public Finance Authority of Wisconsin, Charter School Revenue Bonds, North Carolina Charter Educational Foundation Project, Series 2016A, 5.000%, 6/15/46, 144A | 6/26 at 100.00 | N/R | 2,214,177 | ||
Public Finance Authority of Wisconsin, Charter School Revenue Bonds, Voyager Foundation Inc of North Carolina, Series 2012A: | ||||||
105 | 5.500%, 10/01/22 (ETM) | No Opt. Call | Baa3 (7) | 107,696 | ||
375 | 6.000%, 10/01/32 (Pre-refunded 10/01/22) | 10/22 at 100.00 | Baa3 (7) | 396,536 | ||
Public Finance Authority of Wisconsin, Charter School Revenue Bonds, Voyager Foundation, Inc of North Carolina Project, Series 2014A: | ||||||
1,080 | 5.000%, 10/01/34 (Pre-refunded 10/01/22) | 10/22 at 100.00 | Baa3 (7) | 1,131,106 | ||
500 | 5.125%, 10/01/45 (Pre-refunded 10/01/22) | 10/22 at 100.00 | Baa3 (7) | 524,280 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin (continued) | ||||||
Public Finance Authority of Wisconsin, Conference Center and Hotel Revenue Bonds, Lombard Public Facilities Corporation, First Tier Series 2018A-1: | ||||||
$ 11 | 0.000%, 1/01/47, 144A (8) | No Opt. Call | N/R | $338 | ||
10 | 0.000%, 1/01/48, 144A (8) | No Opt. Call | N/R | 290 | ||
9 | 0.000%, 1/01/49, 144A (8) | No Opt. Call | N/R | 279 | ||
9 | 0.000%, 1/01/50, 144A (8) | No Opt. Call | N/R | 259 | ||
9 | 0.000%, 1/01/51, 144A (8) | No Opt. Call | N/R | 250 | ||
12 | 0.000%, 1/01/52, 144A (8) | No Opt. Call | N/R | 312 | ||
11 | 0.000%, 1/01/53, 144A (8) | No Opt. Call | N/R | 302 | ||
11 | 0.000%, 1/01/54, 144A (8) | No Opt. Call | N/R | 284 | ||
11 | 0.000%, 1/01/55, 144A (8) | No Opt. Call | N/R | 272 | ||
11 | 0.000%, 1/01/56, 144A (8) | No Opt. Call | N/R | 262 | ||
549 | 5.500%, 7/01/56, 144A (8) | 3/28 at 100.00 | N/R | 417,149 | ||
12 | 0.000%, 1/01/57, 144A (8) | No Opt. Call | N/R | 282 | ||
11 | 0.000%, 1/01/58, 144A (8) | No Opt. Call | N/R | 268 | ||
11 | 0.000%, 1/01/59, 144A (8) | No Opt. Call | N/R | 256 | ||
11 | 0.000%, 1/01/60, 144A (8) | No Opt. Call | N/R | 243 | ||
11 | 0.000%, 1/01/61, 144A (8) | No Opt. Call | N/R | 233 | ||
10 | 0.000%, 1/01/62, 144A (8) | No Opt. Call | N/R | 221 | ||
10 | 0.000%, 1/01/63, 144A (8) | No Opt. Call | N/R | 211 | ||
10 | 0.000%, 1/01/64, 144A (8) | No Opt. Call | N/R | 203 | ||
10 | 0.000%, 1/01/65, 144A (8) | No Opt. Call | N/R | 193 | ||
11 | 0.000%, 1/01/66, 144A (8) | No Opt. Call | N/R | 198 | ||
128 | 0.000%, 1/01/67, 144A (8) | No Opt. Call | N/R | 2,222 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin (continued) | ||||||
Public Finance Authority of Wisconsin, Conference Center and Hotel Revenue Bonds, Lombard Public Facilities Corporation, Second Tier Series 2018B: | ||||||
$ 27 | 0.000%, 1/01/46, 144A (8) | No Opt. Call | N/R | $864 | ||
27 | 0.000%, 1/01/47, 144A (8) | No Opt. Call | N/R | 819 | ||
26 | 0.000%, 1/01/48, 144A (8) | No Opt. Call | N/R | 799 | ||
26 | 0.000%, 1/01/49, 144A (8) | No Opt. Call | N/R | 775 | ||
26 | 0.000%, 1/01/50, 144A (8) | No Opt. Call | N/R | 734 | ||
28 | 0.000%, 1/01/51, 144A (8) | No Opt. Call | N/R | 789 | ||
727 | 3.750%, 7/01/51, 144A (8) | 3/28 at 100.00 | N/R | 488,080 | ||
28 | 0.000%, 1/01/52, 144A (8) | No Opt. Call | N/R | 753 | ||
28 | 0.000%, 1/01/53, 144A (8) | No Opt. Call | N/R | 728 | ||
28 | 0.000%, 1/01/54, 144A (8) | No Opt. Call | N/R | 703 | ||
27 | 0.000%, 1/01/55, 144A (8) | No Opt. Call | N/R | 678 | ||
27 | 0.000%, 1/01/56, 144A (8) | No Opt. Call | N/R | 657 | ||
27 | 0.000%, 1/01/57, 144A (8) | No Opt. Call | N/R | 635 | ||
26 | 0.000%, 1/01/58, 144A (8) | No Opt. Call | N/R | 611 | ||
26 | 0.000%, 1/01/59, 144A (8) | No Opt. Call | N/R | 595 | ||
26 | 0.000%, 1/01/60, 144A (8) | No Opt. Call | N/R | 572 | ||
25 | 0.000%, 1/01/61, 144A (8) | No Opt. Call | N/R | 548 | ||
25 | 0.000%, 1/01/62, 144A (8) | No Opt. Call | N/R | 530 | ||
25 | 0.000%, 1/01/63, 144A (8) | No Opt. Call | N/R | 512 | ||
25 | 0.000%, 1/01/64, 144A (8) | No Opt. Call | N/R | 499 | ||
24 | 0.000%, 1/01/65, 144A (8) | No Opt. Call | N/R | 479 | ||
24 | 0.000%, 1/01/66, 144A (8) | No Opt. Call | N/R | 449 | ||
314 | 0.000%, 1/01/67, 144A (8) | No Opt. Call | N/R | 5,436 | ||
1,650 | Public Finance Authority of Wisconsin, Education Revenue Bonds, Carolina International School, Series 2013A, 7.000%, 8/01/43, 144A | 8/23 at 100.00 | BB+ | 1,793,006 | ||
Public Finance Authority of Wisconsin, Educational Facility Revenue Bonds, Cottonwood Classical Preparatory School in Albuquerque, New Mexico, Series 2012A: | ||||||
1,610 | 6.000%, 12/01/32 (Pre-refunded 12/01/22) | 12/22 at 100.00 | N/R (7) | 1,716,598 | ||
5,000 | 6.250%, 12/01/42 (Pre-refunded 12/01/22) | 12/22 at 100.00 | N/R (7) | 5,345,500 | ||
3,845 | Public Finance Authority of Wisconsin, Exempt Facilities Revenue Bonds, National Gypsum Company Project, Refunding Series 2016, 4.000%, 8/01/35 (AMT) | 8/26 at 100.00 | N/R | 3,924,361 | ||
Public Finance Authority of Wisconsin, Health Care Facilities Revenue Bonds, Appalachian Regional Healthcare System Obligated Group, Series 2021A: | ||||||
585 | 4.000%, 7/01/46 | 1/31 at 100.00 | BBB | 666,959 | ||
1,675 | 4.000%, 7/01/51 | 1/31 at 100.00 | BBB | 1,893,990 | ||
1,925 | Public Finance Authority of Wisconsin, Health Care Facilities Revenue Bonds, Blue Ridge HealthCare, Refunding Series 2020A, 4.000%, 1/01/45 | 1/30 at 100.00 | A | 2,181,622 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin (continued) | ||||||
Public Finance Authority of Wisconsin, Hospital Revenue Bonds, Renown Regional Medical Center Project, Refunding Series 2020A: | ||||||
$ 29,070 | 3.000%, 6/01/45 – AGM Insured (UB) (4) | 6/30 at 100.00 | AA | $30,915,945 | ||
10,930 | 3.000%, 6/01/45 (UB) (4) | 6/30 at 100.00 | A+ | 11,535,522 | ||
8,000 | Public Finance Authority of Wisconsin, Hospital Revenue Bonds, WakeMed, Series 2019A, 4.000%, 10/01/49 | 4/29 at 100.00 | A+ | 8,958,240 | ||
14,000 | Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017, 6.750%, 12/01/42, 144A | 12/27 at 100.00 | N/R | 15,740,760 | ||
2,735 | Public Finance Authority of Wisconsin, Revenue Bonds, Alabama Gulf Coast Zoo, Series 2018A, 6.500%, 9/01/48 | 9/28 at 100.00 | N/R | 2,484,583 | ||
Public Finance Authority of Wisconsin, Revenue Bonds, Sky Harbour LLC Obligated Group Aviation Facilities Project, Series 2021: | ||||||
2,655 | 4.000%, 7/01/36 (AMT) | 7/28 at 100.00 | N/R | 2,721,402 | ||
3,225 | 4.250%, 7/01/54 (AMT) | 7/31 at 100.00 | N/R | 3,325,394 | ||
Public Finance Authority of Wisconsin, Senior Revenue Bonds, Maryland Proton Treatment Center, Series 2018A-1: | ||||||
1,360 | 6.250%, 1/01/38, 144A | 1/28 at 100.00 | N/R | 1,077,800 | ||
4,065 | 6.375%, 1/01/48, 144A | 1/28 at 100.00 | N/R | 3,111,026 | ||
1,000 | Public Finance Authority of Wisconsin, Senior Revenue Bonds, Maryland Proton Treatment Center, Series 2018B-2, 0.000%, 1/01/49 (5) | 1/28 at 100.00 | N/R | 686,490 | ||
13,410 | Public Finance Authority, Wisconsin, Educational Revenue Bonds, Lake Norman Charter School, Series 2018A, 5.000%, 6/15/48, 144A | 6/26 at 100.00 | BBB- | 14,588,203 | ||
5,000 | Public Finance Authority, Wisconsin, Exempt Facilities Revenue Bonds, Celanese Project, Refunding Series 2016C, 4.300%, 11/01/30 (AMT) | 5/26 at 100.00 | BBB | 5,576,800 | ||
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marshfield Clinic, Series 2012B: | ||||||
35 | 4.500%, 2/15/40 | 2/22 at 100.00 | A- | 35,340 | ||
1,000 | 5.000%, 2/15/40 | 2/22 at 100.00 | A- | 1,016,470 | ||
18,000 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Mercy Alliance, Inc, Series 2012, 5.000%, 6/01/32 | 6/22 at 100.00 | A3 | 18,530,100 | ||
7,000 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Ministry Health Care, Inc, Refunding 2012C, 5.000%, 8/15/32 (Pre-refunded 8/15/22) | 8/22 at 100.00 | N/R (7) | 7,291,690 | ||
Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Dickson Hollow Project Series 2014: | ||||||
1,880 | 5.250%, 10/01/39 | 10/22 at 102.00 | N/R | 1,948,864 | ||
1,000 | 5.375%, 10/01/44 | 10/22 at 102.00 | N/R | 1,036,740 | ||
3,500 | 5.500%, 10/01/49 | 10/22 at 102.00 | N/R | 3,632,090 | ||
2,000 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Froedtert Health, Inc Obligated Group, Series 2017A, 4.000%, 4/01/39 | 4/27 at 100.00 | AA | 2,228,460 | ||
5,000 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Marshfield Clinic, Series 2016A, 5.000%, 2/15/46 | 2/26 at 100.00 | A- | 5,727,850 | ||
435 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, ProHealth Care, Inc Obligated Group, Refunding Series 2015, 5.000%, 8/15/39 | 8/24 at 100.00 | A+ | 487,557 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin (continued) | ||||||
Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Rogers Memorial Hospital, Inc, Series 2014A: | ||||||
$ 2,980 | 5.000%, 7/01/34 | 7/24 at 100.00 | A | $3,326,604 | ||
2,100 | 4.350%, 7/01/36 | 10/21 at 100.00 | A | 2,103,318 | ||
3,485 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, ThedaCare Inc, Series 2019, 3.125%, 12/15/49 | 12/29 at 100.00 | AA- | 3,615,722 | ||
Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Three Pillars Senior Living Communities, Refunding Series 2013: | ||||||
275 | 5.000%, 8/15/43 (Pre-refunded 8/15/23) | 8/23 at 100.00 | A (7) | 299,327 | ||
3,175 | 5.000%, 8/15/43 (Pre-refunded 8/15/23) | 8/23 at 100.00 | BBB+ (7) | 3,455,860 | ||
Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Woodland Hills Senior Housing Project, Series 2014: | ||||||
5,000 | 5.000%, 12/01/34 | 12/22 at 102.00 | N/R | 5,193,050 | ||
4,435 | 5.000%, 12/01/44 | 12/22 at 102.00 | N/R | 4,590,713 | ||
4,225 | 5.250%, 12/01/49 | 12/22 at 102.00 | N/R | 4,381,790 | ||
7,841 | Wisconsin Housing and Economic Development Authority, Homeowners Mortgage Revenue Bonds, Guaranteed Mortgage-Backed Securities Program, Pass Through Series 2017A, 2.690%, 7/01/47 | 10/26 at 100.00 | Aaa | 8,189,516 | ||
195,996 | Total Wisconsin | 205,285,886 | ||||
Wyoming – 0.0% | ||||||
Teton County Hospital District, Wyoming, Hospital Revenue Bonds, St John's Medical Center Project, Series 2011B: | ||||||
800 | 5.500%, 12/01/27 (Pre-refunded 12/01/21) | 12/21 at 100.00 | N/R (7) | 806,640 | ||
2,500 | 6.000%, 12/01/36 (Pre-refunded 12/01/21) | 12/21 at 100.00 | N/R (7) | 2,522,625 | ||
3,300 | Total Wyoming | 3,329,265 | ||||
$ 8,731,838 | Total Municipal Bonds (cost $8,831,463,172) | 9,403,913,043 |
Shares | Description (1) | Value | ||||
COMMON STOCKS – 0.3% | ||||||
Electric Utilities – 0.3% | ||||||
719,217 | Energy Harbor Corp (10), (11), (12) | $ 28,926,188 | ||||
Total Common Stocks (cost $14,257,608) | 28,926,188 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (3) | Value | |
CORPORATE BONDS – 0.0% | ||||||
Hotels, Restaurants & Leisure – 0.0% | ||||||
$ 46 | Lombard Starwood Westin Hotel Conference Center and Hotel Project Revenue Bonds (cash 7.500%, PIK 7.500%) | 7.500% | 12/31/23 | N/R | 45,702 | |
$ 46 | Total Corporate Bonds (cost $45,702) | 45,702 | ||||
Total Long-Term Investments (cost $8,845,766,482) | 9,432,884,933 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
SHORT-TERM INVESTMENTS – 0.3% | ||||||
MUNICIPAL BONDS – 0.3% | ||||||
Florida – 0.2% | ||||||
$ 18,200 | Florida Development Finance Corporation, Florida, Variable Rate Demand Obligations, Surface Transportation Facility Revenue Bonds, Virgin Trains USA Passenger Rail Project, Series 2019A, 6.250%, 1/01/49 (AMT) (Mandatory Put 1/01/24), 144A (13) | 11/21 at 103.00 | N/R | $ 18,566,730 | ||
Nevada – 0.0% | ||||||
2,895 | Director of Nevada State Department of Business and Industry, Revenue Bonds, Brightline West Passenger Rail Project, Series 2020A, 0.250%, 1/01/50 (AMT) (Mandatory Put 2/01/22), 144A (13) | 2/22 at 100.00 | Aaa | 2,895,174 | ||
Ohio – 0.1% | ||||||
6,205 | Ohio Air Quality Development Authority, Ohio, Variable Rate Demand Obligations, Pollution Control Revenue Bonds, FirstEnergy Generation Corporation Project, Refunding Series 2009D, 4.250%, 8/01/29 (13) | No Opt. Call | N/R | 6,205,000 | ||
$ 27,300 | Total Short-Term Investments (cost $27,405,515) | 27,666,904 | ||||
Total Investments (cost $8,873,171,997) – 110.3% | 9,460,551,837 | |||||
Borrowings – (0.5)% | (45,000,000) | |||||
Floating Rate Obligations – (10.9)% | (936,496,000) | |||||
Other Assets Less Liabilities – 1.1% | 96,506,567 | |||||
Net Assets – 100% | $ 8,575,562,404 |
(1) | All percentages shown in the Portfolio of Investments are based on net assets unless otherwise noted. | |
(2) | Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns. | |
(3) | For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. | |
(4) | Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse floating rate transactions. | |
(5) | Step-up coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding. The rate shown is the coupon as of the end of the reporting period. | |
(6) | Variable rate security. The rate shown is the coupon as of the end of the reporting period. | |
(7) | Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest. | |
(8) | Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy. | |
(9) | Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3. | |
(10) | Common Stock received as part of the bankruptcy settlements during February 2020, for Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2005A, 4.000%, 1/01/35, Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generation Project, Series 2006A, 3.500%, 4/01/41, Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generation Project, Series 2006B, 3.500%, 12/01/35, Ohio Air Quality Development Authority, Ohio, Air Quality Development Revenue Bonds, FirstEnergy Generation Corporation Project, Series 2009A, 5.700%, 8/01/20, Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23, Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2005B, 4.000%, 1/01/34,Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2008B, 3.625%, 10/01/33,Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2008C, 3.950%, 11/01/32. | |
(11) | For fair value measurement disclosure purposes, investment classified as Level 2. | |
(12) | Non-income producing; issuer has not declared an ex-dividend date within the past twelve months. | |
(13) | Investment has a maturity of greater than one year, but has variable rate and/or demand features which qualify it as a short-term investment. The rate disclosed, as well as the reference rate and spread, where applicable, is that in effect as of the end of the reporting period. This rate changes periodically based on market conditions or a specified market index. | |
144A | Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. | |
AMT | Alternative Minimum Tax | |
ETM | Escrowed to maturity | |
IF | Inverse floating rate security issued by a tender option bond (“TOB”) trust, the interest rate on which varies inversely with the Securities Industry Financial Markets Association (SIFMA) short-term rate, which resets weekly, or a similar short-term rate, and is reduced by the expenses related to the TOB trust. | |
LIBOR | London Inter-Bank Offered Rate | |
PIK | Payment-in-kind (“PIK”) security. Depending on the terms of the security, income may be received in the form of cash, securities, or a combination of both. The PIK rate shown, where applicable, represents the annualized rate of the last PIK payment made by the issuer as of the end of the reporting period. | |
SIFMA | Securities Industry and Financial Market Association | |
UB | Underlying bond of an inverse floating rate trust reflected as a financing transaction. | |
WI/DD | Purchased on a when-issued or delayed delivery basis. |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
LONG-TERM INVESTMENTS – 97.7% | ||||||
MUNICIPAL BONDS – 96.6% | ||||||
National – 0.1% | ||||||
$ 5,380 | Freddie Mac Multi-Family ML Certificates, Series ML 05, Series 2019A, 3.400%, 1/25/36 | No Opt. Call | AA+ | $6,082,329 | ||
4,903 | Freddie Mac Multi-Family ML Certificates, Series ML 08, Series 2021, 1.877%, 7/25/37 | No Opt. Call | AA+ | 4,899,266 | ||
10,283 | Total National | 10,981,595 | ||||
Alabama – 1.7% | ||||||
12,235 | Alabama Public School and College Authority, Capital Improvement Pool Revenue Bonds, Refunding Series 2020A, 5.000%, 11/01/26 | No Opt. Call | Aa1 | 14,906,635 | ||
7,630 | Alabama State Port Authority, Docks Facilities Revenue Bonds, Refunding Series 2017A, 5.000%, 10/01/31 – AGM Insured (AMT) | 10/27 at 100.00 | AA | 9,172,252 | ||
5,820 | Birmingham-Jefferson Civic Center Authority, Alabama, Special Tax Bonds, Series 2018A, 4.000%, 7/01/37 | 7/28 at 100.00 | Aa3 | 6,551,167 | ||
2,880 | Birmingham-Jefferson Civic Center Authority, Alabama, Special Tax Bonds, Series 2018B, 5.000%, 7/01/37 | 7/28 at 100.00 | A1 | 3,402,662 | ||
6,665 | Black Belt Energy Gas District, Alabama, Gas PrePay Revenue Bonds, Project 3 Series 2018A, 4.000%, 12/01/48 (Mandatory Put 12/01/23) | 9/23 at 100.31 | A2 | 7,126,551 | ||
6,685 | Black Belt Energy Gas District, Alabama, Gas PrePay Revenue Bonds, Project 4 Series 2019A-1, 4.000%, 12/01/49 (Mandatory Put 12/01/25) | 9/25 at 100.38 | A1 | 7,546,763 | ||
37,510 | Black Belt Energy Gas District, Alabama, Gas Supply Revenue Bonds, Series 2017A, 4.000%, 8/01/47 (Mandatory Put 7/01/22) | 4/22 at 100.52 | Aa2 | 38,369,354 | ||
5,165 | Black Belt Energy Gas District, Alabama, Gas Supply Revenue Bonds, Series 2021A, 4.000%, 6/01/51 (Mandatory Put 12/01/31) | 9/31 at 100.53 | Aa2 | 6,307,963 | ||
Chatom Industrial Development Board, Alabama, Gulf Opportunity Zone Revenue Bonds, PowerSouth Energy Cooperative, Refunding Series 2020: | ||||||
1,000 | 5.000%, 8/01/26 – AGM Insured | No Opt. Call | AA | 1,193,300 | ||
1,000 | 5.000%, 8/01/28 – AGM Insured | No Opt. Call | AA | 1,247,270 | ||
1,000 | 5.000%, 8/01/30 – AGM Insured | No Opt. Call | AA | 1,289,710 | ||
14,455 | Lower Alabama Gas District, Alabama, Goldman Sachs Gas Project 2 Revenue Bonds, Series 2020A, 4.000%, 12/01/50 (Mandatory Put 12/01/25) | 9/25 at 100.58 | A2 | 16,286,159 | ||
1,195 | Mobile Spring Hill College Educational Building Authority, Alabama, Revenue Bonds, Spring Hill College Project, Series 2015, 5.000%, 4/15/27 | 4/25 at 100.00 | N/R | 1,287,792 | ||
Montgomery Medical Clinic Board, Alabama, Health Care Facility Revenue Bonds, Jackson Hospital & Clinic, Series 2015: | ||||||
2,080 | 5.000%, 3/01/23 | No Opt. Call | BBB- | 2,194,026 | ||
3,555 | 5.000%, 3/01/24 | No Opt. Call | BBB- | 3,880,069 | ||
2,235 | 5.000%, 3/01/25 | No Opt. Call | BBB- | 2,513,548 | ||
1,725 | 5.000%, 3/01/26 | No Opt. Call | BBB- | 1,991,237 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Alabama (continued) | ||||||
$ 8,285 | Selma Industrial Development Board, Alabama, Gulf Opportunity Zone Revenue Bonds, International Paper Company Project, Refunding Series 2020A, 1.375%, 5/01/34 (Mandatory Put 6/16/25) | No Opt. Call | BBB | $8,507,784 | ||
12,365 | Southeast Alabama Gas Supply District, Alabama, Gas Supply Revenue Bonds, Project 1, Fixed Rate Series 2018A, 4.000%, 4/01/49 (Mandatory Put 4/01/24) | 1/24 at 100.27 | A | 13,335,405 | ||
8,505 | Southeast Alabama Gas Supply District, Alabama, Gas Supply Revenue Bonds, Project 2, Fixed Rate Series 2018A, 4.000%, 6/01/49 (Mandatory Put 6/01/24) | 3/24 at 100.29 | A1 | 9,231,327 | ||
6,825 | Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 1, Series 2021A, 4.000%, 11/01/51 (Mandatory Put 10/01/28) | 7/28 at 100.68 | A2 | 8,031,387 | ||
3,860 | Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 2, Series 2021B-1, 4.000%, 12/01/51 (Mandatory Put 12/01/31) | 9/31 at 100.62 | A1 | 4,679,864 | ||
820 | The Improvement District of the City of Mobile - McGowin Park Project, Alabama, Sales Tax Revenue Bonds, Series 2016A, 5.000%, 8/01/25 | No Opt. Call | N/R | 849,233 | ||
6,433 | Tuscaloosa County Industrial Development Authority, Alabama, Gulf Opportunity Zone Bonds, Hunt Refining Project, Refunding Series 2019A, 4.500%, 5/01/32, 144A | 5/29 at 100.00 | N/R | 6,924,509 | ||
159,928 | Total Alabama | 176,825,967 | ||||
Arizona – 2.0% | ||||||
2,405 | Apache County Industrial Development Authority, Arizona, Pollution Control Revenue Bonds, Tucson Electric Power Company, Series 20102A, 4.500%, 3/01/30 | 3/22 at 100.00 | A- | 2,443,360 | ||
Arizona Board of Regents, Univeristy of Arizona, SPEED Revenue Bonds, Stimulus Plan for Economic and Educational Development, Series 2020C Forward Delivery: | ||||||
940 | 5.000%, 8/01/26 | No Opt. Call | Aa3 | 1,134,552 | ||
1,000 | 5.000%, 8/01/29 | No Opt. Call | Aa3 | 1,290,980 | ||
6,475 | Arizona Health Facilities Authority, Hospital System Revenue Bonds, Phoenix Children's Hospital, Refunding Series 2012A, 5.000%, 2/01/27 (Pre-refunded 2/01/22) | 2/22 at 100.00 | AA- (4) | 6,574,585 | ||
Arizona Industrial Development Authority, Hospital Revenue Bonds, Phoenix Children's Hospital, Series 2021A: | ||||||
1,475 | 5.000%, 2/01/27 (WI/DD, Settling 11/03/21) | No Opt. Call | AA- | 1,785,133 | ||
1,300 | 5.000%, 2/01/28 (WI/DD, Settling 11/03/21) | No Opt. Call | AA- | 1,604,915 | ||
1,600 | 5.000%, 2/01/29 (WI/DD, Settling 11/03/21) | No Opt. Call | AA- | 2,019,184 | ||
1,500 | 5.000%, 2/01/30 (WI/DD, Settling 11/03/21) | No Opt. Call | AA- | 1,925,550 | ||
1,470 | 5.000%, 2/01/31 (WI/DD, Settling 11/03/21) | No Opt. Call | AA- | 1,922,451 | ||
Arizona Sports and Tourism Authority, Tax Revenue Bonds, Multipurpose Stadium Facility Project, Refunding Senior Series 2012A: | ||||||
10,270 | 5.000%, 7/01/25 | 7/22 at 100.00 | A1 | 10,596,997 | ||
16,235 | 5.000%, 7/01/26 | 7/22 at 100.00 | A1 | 16,740,883 | ||
16,760 | 5.000%, 7/01/27 | 7/22 at 100.00 | A1 | 17,270,845 | ||
Arizona State, Certificates of Participation, Refunding Series 2019A: | ||||||
5,580 | 5.000%, 10/01/26 (ETM) | No Opt. Call | Aa2 (4) | 6,779,421 | ||
16,880 | 5.000%, 10/01/27 (ETM) | No Opt. Call | Aa2 (4) | 21,030,623 | ||
12,510 | 5.000%, 10/01/28 (ETM) | No Opt. Call | Aa2 (4) | 15,978,022 | ||
21,410 | Chandler Industrial Development Authority, Arizona, Industrial Development Revenue Bonds, Intel Corporation Project, Series 2005, 2.400%, 12/01/35 (Mandatory Put 8/14/23) | No Opt. Call | A+ | 22,191,893 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Arizona (continued) | ||||||
$ 2,470 | Chandler Industrial Development Authority, Arizona, Industrial Development Revenue Bonds, Intel Corporation Project, Series 2007, 2.700%, 12/01/37 (Mandatory Put 8/14/23) (AMT) | No Opt. Call | A+ | $2,570,183 | ||
18,100 | Chandler Industrial Development Authority, Arizona, Industrial Development Revenue Bonds, Intel Corporation Project, Series 2019, 5.000%, 6/01/49 (Mandatory Put 6/03/24) (AMT) | 6/24 at 100.00 | A+ | 20,220,777 | ||
2,000 | Glendale Industrial Development Authority, Arizona, Revenue Bonds, Midwestern University, Refunding Series 2007, 5.000%, 5/15/26 | 5/22 at 100.00 | A+ | 2,049,080 | ||
750 | Glendale Industrial Development Authority, Arizona, Revenue Bonds, Midwestern University, Refunding Series 2020, 4.000%, 5/15/26 | No Opt. Call | AA | 859,305 | ||
1,950 | Maricopa County Industrial Development Authority, Arizona, Education Revenue Bonds, Legacy Traditional Schools Projects, Taxable Series 2019B, 5.000%, 7/01/39, 144A | 7/29 at 100.00 | BB+ | 2,288,110 | ||
1,010 | Maricopa County Industrial Development Authority, Arizona, Hospital Revenue Bonds, HonorHealth, Series 2019A, 4.125%, 9/01/38 | 9/28 at 100.00 | A+ | 1,171,045 | ||
Maricopa County Industrial Development Authority, Arizona, Hospital Revenue Bonds, HonorHealth, Series 2021A: | ||||||
450 | 5.000%, 9/01/27 | No Opt. Call | A+ | 557,388 | ||
550 | 5.000%, 9/01/28 | No Opt. Call | A+ | 696,757 | ||
3,780 | Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Variable Rate Series 2019B, 0.400%, 1/01/35 (Mandatory Put 10/18/22) (SIFMA reference rate + 0.380% spread) (5) | 4/22 at 100.00 | AA- | 3,782,155 | ||
3,255 | Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Variable Rate Series 2019C, 0.620%, 1/01/35 (Mandatory Put 10/18/24) (SIFMA reference rate + 0.570% spread) (5) | 10/23 at 100.00 | AA- | 3,273,781 | ||
2,510 | Maricopa County Pollution Control Corporation, Arizona, Pollution Control Revenue Bonds, El Paso Electric Company, Refunding Series 2009A, 3.600%, 2/01/40 | 6/29 at 100.00 | BBB+ | 2,744,334 | ||
Northern Arizona University, Revenue Bonds, SPEED - Stimulus Plan Economic Educational Development Fund, Refunding Series 2020B: | ||||||
3,615 | 5.000%, 8/01/26 – AGM Insured | No Opt. Call | AA | 4,311,900 | ||
4,220 | 5.000%, 8/01/27 – AGM Insured | No Opt. Call | AA | 5,159,878 | ||
3,975 | 5.000%, 8/01/28 – AGM Insured | No Opt. Call | AA | 4,969,744 | ||
Northern Arizona University, System Revenue Bonds, Refunding Series 2014: | ||||||
385 | 5.000%, 6/01/22 | No Opt. Call | A+ | 397,066 | ||
430 | 5.000%, 6/01/23 | No Opt. Call | A+ | 463,196 | ||
580 | Phoenix Civic Improvement Corporation, Arizona, Water System Revenue Bonds, Junior Lien Series 2021A, 5.000%, 7/01/26 | No Opt. Call | AAA | 699,863 | ||
2,650 | Pima County Industrial Development Authority, Arizona, Revenue Bonds, Tucson Electric Power Company Project, Series 2013A, 4.000%, 9/01/29 | 3/23 at 100.00 | A- | 2,765,937 | ||
705 | Regional Public Transportation Authority, Arizona, Transportation Excise Tax Revenue Bonds, Maricopa County Public Transportation Fund Series 2014, 5.250%, 7/01/23 | No Opt. Call | AA+ | 766,843 | ||
11,845 | Salt River Project Agricultural Improvement and Power District, Arizona, Electric System Revenue Bonds, Refunding Series 2011A, 5.000%, 12/01/24 | 12/21 at 100.00 | AA+ | 11,935,851 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Arizona (continued) | ||||||
Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Citigroup Energy Inc Prepay Contract Obligations, Series 2007: | ||||||
$ 2,090 | 5.000%, 12/01/32 | No Opt. Call | A3 | $2,744,985 | ||
1,610 | 5.000%, 12/01/37 | No Opt. Call | A3 | 2,217,920 | ||
1,960 | Tempe Industrial Development Authority, Arizona, Revenue Bonds, Friendship Village of Tempe Project, Refunding Series 2021C-1 TEMPS -85, 1.500%, 12/01/27 (WI/DD, Settling 10/05/21) | 12/22 at 100.00 | N/R | 1,946,260 | ||
188,700 | Total Arizona | 209,881,752 | ||||
Arkansas – 0.6% | ||||||
14,355 | Arkansas Development Finance Authority, Industrial Development Revenue Bonds, Big River Steel Project, Series 2019, 4.500%, 9/01/49, 144A (AMT) | 9/26 at 103.00 | Ba3 | 15,758,345 | ||
11,335 | Arkansas Development Finance Authority, Revenue Bonds, Baptist Memorial Health Care, Refunding Series 2020B-2, 5.000%, 9/01/44 (Mandatory Put 9/01/27) | 3/27 at 100.00 | BBB+ | 13,455,325 | ||
1,000 | Arkansas State University, Student Fee Revenue Bonds, Jonesboro Campus, Series 2013, 5.000%, 12/01/33 | 12/23 at 100.00 | A1 | 1,096,710 | ||
Hot Springs School District 6, Garland County, Arkansas, General Obligation Bonds, Refunding Series 2021: | ||||||
2,805 | 2.000%, 6/01/29 | 12/26 at 100.00 | Aa2 | 2,911,366 | ||
2,850 | 2.000%, 6/01/30 | 12/26 at 100.00 | Aa2 | 2,929,458 | ||
2,905 | 2.000%, 6/01/31 | 12/26 at 100.00 | Aa2 | 2,963,216 | ||
Little Rock, Arkansas, Hotel and Restaurant Gross Receipts Tax Bonds, Series 2014: | ||||||
500 | 5.000%, 7/01/22 | No Opt. Call | A+ | 515,160 | ||
820 | 5.000%, 7/01/23 | No Opt. Call | A+ | 872,472 | ||
1,610 | 5.000%, 7/01/26 | 7/24 at 100.00 | A+ | 1,805,357 | ||
1,485 | 5.000%, 7/01/28 | 7/24 at 100.00 | A+ | 1,660,081 | ||
1,935 | 5.000%, 7/01/29 | 7/24 at 100.00 | A+ | 2,164,007 | ||
1,005 | 5.000%, 7/01/30 | 7/24 at 100.00 | A+ | 1,124,002 | ||
4,585 | 5.000%, 7/01/34 | 7/24 at 100.00 | A+ | 5,119,932 | ||
Pulaski County Public Facilities Board, Arkansas, Healthcare Revenue Bonds, Baptist Health, Series 2014: | ||||||
2,175 | 5.000%, 12/01/25 | 12/24 at 100.00 | A | 2,478,695 | ||
1,820 | 5.000%, 12/01/27 | 12/24 at 100.00 | A | 2,069,213 | ||
560 | Rogers, Arkansas, Sales and Use Tax Bonds, Improvement Series 2018B, 3.875%, 11/01/39 | 11/26 at 100.00 | AA- | 629,838 | ||
University of Arkansas, Fayetteville, Various Facilities Revenue Bonds, Refunding & Improvement Series 2019A: | ||||||
1,200 | 5.000%, 11/01/34 | 5/29 at 100.00 | Aa2 | 1,513,464 | ||
1,240 | 5.000%, 11/01/35 | 5/29 at 100.00 | Aa2 | 1,561,408 | ||
54,185 | Total Arkansas | 60,628,049 | ||||
California – 4.0% | ||||||
5,160 | California Community Choice Financing Authority, Clean Energy Project Revenue Bonds, Green Series 2021B-1, 4.000%, 2/01/52 (Mandatory Put 8/01/31) | 5/31 at 100.63 | A1 | 6,258,822 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Los Angeles County Securitization Corporation, Series 2020A: | ||||||
$ 1,225 | 5.000%, 6/01/31 | 6/30 at 100.00 | A | $1,586,938 | ||
1,280 | 5.000%, 6/01/32 | 6/30 at 100.00 | A- | 1,651,443 | ||
635 | 5.000%, 6/01/33 | 6/30 at 100.00 | A- | 816,591 | ||
740 | 4.000%, 6/01/34 | 6/30 at 100.00 | A- | 887,956 | ||
1,235 | 4.000%, 6/01/35 | 6/30 at 100.00 | A- | 1,478,542 | ||
1,575 | 4.000%, 6/01/36 | 6/30 at 100.00 | A- | 1,879,132 | ||
415 | 4.000%, 6/01/37 | 6/30 at 100.00 | A- | 493,638 | ||
2,460 | 4.000%, 6/01/38 | 6/30 at 100.00 | A- | 2,918,864 | ||
700 | 4.000%, 6/01/39 | 6/30 at 100.00 | A- | 828,408 | ||
965 | 4.000%, 6/01/40 | 6/30 at 100.00 | A- | 1,139,491 | ||
2,935 | California Department of Water Resources, Central Valley Project Water System Revenue Bonds, Series 2021BD, 5.000%, 12/01/26 | No Opt. Call | AAA | 3,602,712 | ||
7,130 | California Health Facilities Financing Authority, Revenue Bonds, Adventist Health System/West, Series 2011A, 3.000%, 3/01/41 (Mandatory Put 3/01/24) | 9/23 at 100.00 | A | 7,447,285 | ||
California Health Facilities Financing Authority, Revenue Bonds, Children's Hospital Los Angeles, Series 2017A: | ||||||
1,200 | 5.000%, 8/15/35 | 8/27 at 100.00 | BBB+ | 1,436,568 | ||
1,845 | 5.000%, 8/15/36 | 8/27 at 100.00 | BBB+ | 2,204,037 | ||
195 | California Health Facilities Financing Authority, Revenue Bonds, Providence Saint Joseph Health, Term Rate Series 2019C, 5.000%, 10/01/39 (Mandatory Put 10/01/25) | 10/25 at 100.00 | AA- | 229,884 | ||
20,594 | California Housing Finance Agency, Municipal Certificate Revenue Bonds, Class A Series 2019-2, 4.000%, 3/20/33 | No Opt. Call | BBB+ | 24,284,733 | ||
5,769 | California Housing Finance Agency, Municipal Certificate Revenue Bonds, Class A Series 2021-1, 3.500%, 11/20/35 | No Opt. Call | BBB+ | 6,696,488 | ||
20,000 | California Housing Finance Agency, Municipal Certificate Revenue Bonds, Class A Series 2021-2, 3.750%, 3/25/35 | No Opt. Call | AA+ | 23,732,800 | ||
California Municipal Finance Authority, Revenue Bonds, Linxs APM Project, Senior Lien Series 2018A: | ||||||
5,870 | 3.250%, 12/31/32 – AGM Insured (AMT) | 6/28 at 100.00 | AA | 6,361,965 | ||
4,000 | 5.000%, 12/31/33 (AMT) | 6/28 at 100.00 | BBB- | 4,864,480 | ||
5,000 | 5.000%, 12/31/34 (AMT) | 6/28 at 100.00 | BBB- | 6,066,450 | ||
3,530 | California Pollution Control Financing Authority, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Refunding Series 2015B-2, 3.125%, 11/01/40 (Mandatory Put 11/03/25) (AMT) | No Opt. Call | A- | 3,887,236 | ||
16,935 | California Pollution Control Financing Authority, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Series 2015A-1, 3.375%, 7/01/25 (AMT) | No Opt. Call | A- | 18,664,402 | ||
12,305 | California Pollution Control Financing Authority, Solid Waste Disposal Revenue Bonds, Waste Management, Inc Project, Refunding Series 2015B-1, 3.000%, 11/01/25 (AMT) | No Opt. Call | A- | 13,486,772 | ||
5,425 | California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2014A, 5.250%, 12/01/29 | 12/24 at 100.00 | BB | 6,155,585 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2016A: | ||||||
$ 1,500 | 5.000%, 12/01/27, 144A | 6/26 at 100.00 | BB | $1,737,375 | ||
2,695 | 5.000%, 12/01/31, 144A | 6/26 at 100.00 | BB | 3,062,975 | ||
4,200 | 5.000%, 12/01/36, 144A | 6/26 at 100.00 | BB | 4,724,118 | ||
California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2018A: | ||||||
2,530 | 5.000%, 12/01/33, 144A | 6/28 at 100.00 | BB | 2,973,382 | ||
3,790 | 5.250%, 12/01/38, 144A | 6/28 at 100.00 | BB | 4,468,448 | ||
915 | California Statewide Communities Development Authority, Revenue Bonds, Huntington Memorial Hospital, Refunding Series 2014B, 5.000%, 7/01/25 | 7/24 at 100.00 | A- | 1,027,819 | ||
10,135 | California Statewide Communities Development Authority, Revenue Bonds, Kaiser Permanente, Series 2009C-1, 5.000%, 4/01/46 (Mandatory Put 11/01/29) | No Opt. Call | AA- | 13,167,392 | ||
10,160 | California Statewide Communities Development Authority, Revenue Bonds, Kaiser Permanente, Series 2009C-3, 5.000%, 4/01/45 (Mandatory Put 11/01/29) | No Opt. Call | AA- | 13,199,872 | ||
190 | California Statewide Community Development Authority, Revenue Bonds, Daughters of Charity Health System, Series 2005G, 5.500%, 7/01/22 (6) | 11/21 at 100.00 | N/R | 182,502 | ||
5,050 | California Statewide Community Development Authority, Revenue Bonds, Kaiser Permanente System, Series 2004L, 5.000%, 4/01/38 (Mandatory Put 11/01/29) | No Opt. Call | AA- | 6,560,960 | ||
Culver City Redevelopment Agency, California, Tax Allocation Revenue Bonds, Redevelopment Project, Capital Appreciation Series 2011A: | ||||||
7,475 | 0.010%, 11/01/26 (Pre-refunded 11/01/21) | 11/21 at 66.91 | N/R (4) | 5,000,625 | ||
4,110 | 0.000%, 11/01/28 (Pre-refunded 11/01/21) | 11/21 at 56.33 | N/R (4) | 2,314,670 | ||
Delano, California, Certificates of Participation, Delano Regional Medical Center, Series 2012: | ||||||
2,725 | 5.000%, 1/01/22 (ETM) | No Opt. Call | N/R (4) | 2,755,683 | ||
2,860 | 5.000%, 1/01/23 (ETM) | No Opt. Call | N/R (4) | 3,017,615 | ||
1,635 | 5.000%, 1/01/24 (Pre-refunded 1/01/23) | 1/23 at 100.00 | N/R (4) | 1,725,105 | ||
1,325 | 5.000%, 1/01/25 (Pre-refunded 1/01/23) | 1/23 at 100.00 | N/R (4) | 1,398,021 | ||
El Dorado Union High School District, El Dorado County, California, General Obligation Bonds, Series 2020: | ||||||
1,430 | 5.000%, 8/01/33 – AGM Insured | 8/27 at 100.00 | AA | 1,752,465 | ||
2,200 | 5.000%, 8/01/34 – AGM Insured | 8/27 at 100.00 | AA | 2,689,764 | ||
2,280 | 5.000%, 8/01/35 – AGM Insured | 8/27 at 100.00 | AA | 2,788,030 | ||
19,585 | Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Series 2018A-1, 3.500%, 6/01/36 | 6/22 at 100.00 | BB | 19,836,471 | ||
1,300 | Grant Joint Union High School District, Sacramento County, California, General Obligation Bonds, Capital Appreciation Election 2006 Series 2008, 0.000%, 8/01/26 – AGM Insured | No Opt. Call | A1 | 1,230,190 | ||
Lake Elsinore Public Financing Authority, California, Local Agency Revenue Bonds, Canyon Hills Improvement Area A & C, Series 2014C: | ||||||
1,000 | 5.000%, 9/01/30 | 9/24 at 100.00 | N/R | 1,101,510 | ||
1,015 | 5.000%, 9/01/32 | 9/24 at 100.00 | N/R | 1,115,312 | ||
465 | 5.000%, 9/01/34 | 9/24 at 100.00 | N/R | 509,696 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$ 2,675 | Lake Elsinore Redevelopment Agency, California, Special Tax Bonds, Community Facilities District 90-2, Series 2007A, 4.500%, 10/01/24 – AGM Insured | 11/21 at 100.00 | AA | $2,682,517 | ||
2,015 | Las Virgenes Unified School District, Los Angeles County, California, General Obligation Bonds, 2006 Election, Series 2009B, 0.000%, 8/01/27 | No Opt. Call | Aa1 | 1,901,455 | ||
13,425 | Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Subordinate Lien Series 2018D, 5.000%, 5/15/25 (AMT) | No Opt. Call | Aa3 | 15,562,797 | ||
5,000 | Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2014B, 5.000%, 7/01/43 | 1/24 at 100.00 | Aa2 | 5,486,100 | ||
Los Angeles, California, Special Tax Bonds, Community Facilities District 4, Playa Vista Phase I, Series 2014: | ||||||
1,060 | 5.000%, 9/01/24 | No Opt. Call | A+ | 1,196,804 | ||
1,230 | 5.000%, 9/01/25 | 9/24 at 100.00 | A+ | 1,384,722 | ||
985 | 5.000%, 9/01/26 | 9/24 at 100.00 | A+ | 1,108,273 | ||
400 | Menifee Union School District Public Financing Authority, California, Special Tax Revenue Bonds, Series 2016A, 5.000%, 9/01/29 – BAM Insured | 9/25 at 100.00 | AA | 462,224 | ||
5,345 | Mount San Antonio Community College District, Los Angeles County, California, General Obligation Bonds, Election of 2008, Series 2013A, 0.000%, 8/01/28 (7) | 2/28 at 100.00 | Aa1 | 6,295,341 | ||
12,155 | M-S-R Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series 2009A, 6.125%, 11/01/29 | No Opt. Call | A | 15,088,001 | ||
9,710 | M-S-R Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series 2009C, 6.125%, 11/01/29 | No Opt. Call | A | 12,051,761 | ||
190 | Northern Inyo County Local Hospital District, Inyo County, California, Revenue Bonds, Series 2010, 6.000%, 12/01/21 | 11/21 at 100.00 | B+ | 190,507 | ||
8,010 | Palomar Pomerado Health, California, General Obligation Bonds, Convertible Capital Appreciation, Election 2004 Series 2010A, 6.750%, 8/01/40 | 8/30 at 100.00 | A2 | 11,023,122 | ||
Palomar Pomerado Health, California, General Obligation Bonds, Series 2009A: | ||||||
2,095 | 0.000%, 8/01/22 – AGC Insured | No Opt. Call | AA | 2,087,919 | ||
4,085 | 0.000%, 8/01/23 – AGC Insured | No Opt. Call | AA | 4,045,294 | ||
5,350 | Poway Unified School District, San Diego County, California, General Obligation Bonds, School Facilities Improvement District 2007-1, Series 2011A, 0.000%, 8/01/34 | No Opt. Call | Aa2 | 4,171,395 | ||
2,410 | Riverside County Redevelopment Agency Successor Agency, California, Tax Allocation Bonds, Refunding Series 2014A, 4.000%, 10/01/37 – AGM Insured | 10/24 at 100.00 | AA | 2,597,474 | ||
Riverside County Redevelopment Agency, California, Tax Allocation Bonds, Jurupa Valley Project Area, Series 2011B: | ||||||
2,115 | 0.000%, 10/01/34 | No Opt. Call | A | 1,596,360 | ||
2,000 | 0.000%, 10/01/36 | No Opt. Call | A | 1,419,820 | ||
14,350 | San Diego Association of Governments, California, Capital Grants Receipts Revenue Bonds, Mid-Coast Corridor Transit Project, Green Series 2019B, 1.800%, 11/15/27 | 11/26 at 100.00 | A- | 14,988,862 | ||
6,000 | San Francisco City and County, California, General Obligation Bonds, Refunding Series 2021R-2, 5.000%, 6/15/23 | No Opt. Call | AAA | 6,492,000 | ||
San Joaquin Hills Transportation Corridor Agency, Orange County, California, Toll Road Revenue Bonds, Refunding Senior Lien Series 2014A: | ||||||
5,060 | 5.000%, 1/15/29 | 1/25 at 100.00 | A- | 5,749,071 | ||
24,000 | 5.000%, 1/15/34 | 1/25 at 100.00 | A- | 27,027,840 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
Santa Ana Financing Authority, California, Lease Revenue Bonds, Police Administration and Housing Facility, Series 1994A: | ||||||
$ 1,430 | 6.250%, 7/01/24 (ETM) | No Opt. Call | Baa2 (4) | $1,577,304 | ||
2,375 | 6.250%, 7/01/24 | No Opt. Call | Baa2 | 2,620,789 | ||
1,245 | Santa Monica-Malibu Unified School District, Los Angeles County, California, General Obligation Bonds, School Faciliites Improvement District 1, Election 2018, Series 2021B, 2.250%, 8/01/47 | 8/29 at 100.00 | AA+ | 1,174,471 | ||
University of California, General Revenue Bonds, Limited Project Series 2018O: | ||||||
4,595 | 5.000%, 5/15/32 | 5/28 at 100.00 | AA- | 5,748,207 | ||
3,635 | 5.000%, 5/15/33 | 5/28 at 100.00 | AA- | 4,540,842 | ||
2,030 | Victor Elementary School District, San Bernardino County, California, General Obligation Bonds, Series 2002A, 0.000%, 8/01/23 – FGIC Insured | No Opt. Call | Aa3 | 2,010,634 | ||
3,000 | Victor Valley Union High School District, San Bernardino County, California, General Obligation Bonds, Series 2009A, 5.750%, 8/01/31 – AGC Insured | 8/26 at 100.00 | AA | 3,681,150 | ||
Washington Township Health Care District, California, Revenue Bonds, Refunding Series 2015A: | ||||||
1,540 | 5.000%, 7/01/24 | No Opt. Call | Baa2 | 1,723,137 | ||
1,415 | 5.000%, 7/01/25 | No Opt. Call | Baa2 | 1,636,278 | ||
1,450 | 3.250%, 7/01/27 | 7/25 at 100.00 | Baa2 | 1,567,479 | ||
1,435 | 3.500%, 7/01/28 | 7/25 at 100.00 | Baa2 | 1,542,094 | ||
1,355 | 3.750%, 7/01/29 | 7/25 at 100.00 | Baa2 | 1,465,595 | ||
2,500 | West Contra Costa Unified School District, Contra Costa County, California, General Obligation Bonds, Series 2008B, 6.000%, 8/01/25 | No Opt. Call | AA- | 3,012,275 | ||
377,363 | Total California | 424,311,136 | ||||
Colorado – 2.4% | ||||||
Arapahoe County School District 6, Littleton, Colorado, General Obligation Bonds, Series 2019A: | ||||||
1,860 | 5.500%, 12/01/29 | 12/28 at 100.00 | Aa1 | 2,442,199 | ||
1,250 | 5.500%, 12/01/30 | 12/28 at 100.00 | Aa1 | 1,636,337 | ||
1,650 | 5.500%, 12/01/32 | 12/28 at 100.00 | Aa1 | 2,159,784 | ||
1,250 | 5.500%, 12/01/33 | 12/28 at 100.00 | Aa1 | 1,631,638 | ||
9,355 | Centerra Metropolitan District 1, Loveland, Colorado, Special Revenue Bonds, Refunding & Improvement Series 2017, 5.000%, 12/01/29, 144A | 12/22 at 103.00 | N/R | 9,892,258 | ||
1,115 | Centerra Metropolitan District 1, Loveland, Colorado, Special Revenue Bonds, Refunding & Improvement Series 2020A, 4.000%, 12/01/29 | 12/25 at 103.00 | N/R | 1,200,610 | ||
10,000 | Colorado Bridge Enterprise, Revenue Bonds, Central 70 Project, Senior Series 2017, 4.000%, 6/30/51 (AMT) | 12/27 at 100.00 | A- | 10,932,500 | ||
Colorado Educational and Cultural Facilities Authority, Revenue Bonds, Regis University Project, Refunding Series 2016: | ||||||
1,910 | 5.000%, 10/01/25 | No Opt. Call | Baa2 | 2,220,375 | ||
1,235 | 5.000%, 10/01/30 | 10/25 at 100.00 | Baa2 | 1,392,018 | ||
1,705 | 3.125%, 10/01/31 | 10/25 at 100.00 | Baa2 | 1,769,995 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
$ 5,000 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, AdventHealth Obligated Group, Series 2019A, 5.000%, 11/15/39 | 11/29 at 100.00 | AA | $6,325,300 | ||
4,045 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Catholic Health Initiatives, Series 2009B-1, 5.000%, 7/01/29 (Pre-refunded 11/09/22) | 11/22 at 100.00 | BBB+ (4) | 4,254,005 | ||
Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-1: | ||||||
7,500 | 5.000%, 8/01/27 | No Opt. Call | BBB+ | 9,222,825 | ||
6,730 | 5.000%, 8/01/28 | No Opt. Call | BBB+ | 8,454,361 | ||
4,000 | 5.000%, 8/01/29 | No Opt. Call | BBB+ | 5,119,080 | ||
5,915 | 5.000%, 8/01/30 | 8/29 at 100.00 | BBB+ | 7,505,484 | ||
1,800 | 5.000%, 8/01/31 | 8/29 at 100.00 | BBB+ | 2,273,526 | ||
Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-2: | ||||||
6,475 | 5.000%, 8/01/27 | No Opt. Call | BBB+ | 7,962,372 | ||
7,020 | 5.000%, 8/01/28 | No Opt. Call | BBB+ | 8,818,664 | ||
1,940 | 5.000%, 8/01/29 | No Opt. Call | BBB+ | 2,482,754 | ||
2,025 | 5.000%, 8/01/30 | 8/29 at 100.00 | BBB+ | 2,569,502 | ||
5,000 | 5.000%, 8/01/31 | 8/29 at 100.00 | BBB+ | 6,315,350 | ||
11,005 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019B-1, 5.000%, 8/01/49 (Mandatory Put 8/01/25) | 2/25 at 100.00 | BBB+ | 12,544,379 | ||
12,420 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019B-2, 5.000%, 8/01/49 (Mandatory Put 8/01/26) | 2/26 at 100.00 | BBB+ | 14,573,131 | ||
2,000 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Covenant Living Communities & Services, Series 2020A, 4.000%, 12/01/40 | 12/27 at 103.00 | A- | 2,303,360 | ||
355 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Evangelical Lutheran Good Samaritan Society Project, Series 2013, 5.500%, 6/01/33 (Pre-refunded 6/01/23) | 6/23 at 100.00 | N/R (4) | 385,881 | ||
14,025 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Parkview Medical Center, Series 2016, 3.125%, 9/01/42 | 9/26 at 100.00 | Baa1 | 14,389,229 | ||
Colorado Health Facilities Authority, Colorado, Revenue Bonds, SCL Health System, Refunding Series 2019A: | ||||||
3,490 | 4.000%, 1/01/35 | 1/30 at 100.00 | AA- | 4,136,313 | ||
5,000 | 4.000%, 1/01/37 | 1/30 at 100.00 | AA- | 5,885,650 | ||
8,815 | 4.000%, 1/01/38 | 1/30 at 100.00 | AA- | 10,329,858 | ||
5,200 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Sisters of Charity of Leavenworth Health Services Corporation, Series 2013A, 5.500%, 1/01/35 | 1/24 at 100.00 | AA- | 5,778,188 | ||
2,755 | Colorado Housing and Finance Authority, Single Family Mortgage Bonds, Class I Series 2021E, 2.125%, 11/01/42 | 5/30 at 100.00 | AAA | 2,689,155 | ||
6,510 | Colorado Housing and Finance Authority, Single Family Mortgage Bonds, Class I Series 2021H, 2.000%, 5/01/42 | 5/30 at 100.00 | AAA | 6,172,456 | ||
1,500 | Delta County Memorial Hospital District, Colorado, Enterprise Revenue Bonds, Refunding Series 2010, 5.500%, 9/01/25 | 11/21 at 100.00 | BB | 1,504,875 | ||
11,035 | Denver City and County, Colorado, Airport System Revenue Bonds, Series 2012B, 5.000%, 11/15/32 (Pre-refunded 11/15/22) | 11/22 at 100.00 | AA- (4) | 11,626,476 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
$ 15,000 | Denver City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2018A, 5.000%, 12/01/24 (AMT) | No Opt. Call | A+ | $17,084,400 | ||
10,770 | Denver City and County, Colorado, Special Facilities Airport Revenue Bonds, United Airlines, Inc Project, Refunding Series 2017, 5.000%, 10/01/32 (AMT) | 10/23 at 100.00 | B | 11,401,660 | ||
Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel, Refunding Senior Lien Series 2016: | ||||||
1,500 | 5.000%, 12/01/31 | 12/26 at 100.00 | Baa2 | 1,749,810 | ||
500 | 5.000%, 12/01/32 | 12/26 at 100.00 | Baa2 | 581,840 | ||
625 | 5.000%, 12/01/33 | 12/26 at 100.00 | Baa2 | 725,438 | ||
Denver Urban Renewal Authority, Colorado, Tax Increment Revenue Bonds, 9th and Colorado Urban Redevelopment Area, Series 2018A: | ||||||
1,950 | 5.250%, 12/01/39, 144A | 12/23 at 103.00 | N/R | 2,124,759 | ||
395 | 5.250%, 12/01/39, 144A | 12/23 at 103.00 | N/R | 430,242 | ||
El Paso County School District 20, Academy, Colorado, General Obligation Bonds, Refunding Series 2010: | ||||||
2,215 | 5.000%, 12/15/21 | No Opt. Call | Aa1 | 2,236,330 | ||
1,530 | 5.000%, 12/15/22 | 12/21 at 100.00 | Aa1 | 1,544,612 | ||
3,467 | Johnstown Plaza Metropolitan District, Colorado, Special Revenue Bonds, Series 2016A, 5.125%, 12/01/31 | 12/21 at 103.00 | N/R | 3,582,347 | ||
540 | Peak Metropolitan District 1, Colorado Springs, El Paso County, Colorado, Limited Tax General Obligation Bonds, Series 2021A, 4.000%, 12/01/35, 144A | 3/26 at 103.00 | N/R | 575,618 | ||
885 | Prairie Center Metropolitan District 7, Brighton, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2020, 4.125%, 12/15/36 | 12/25 at 103.00 | N/R | 953,933 | ||
1,145 | Pueblo County School District 60, Pueblo, Colorado, General Obligation Bonds, Refunding Series 2009, 5.000%, 12/15/22 | No Opt. Call | Aa2 | 1,211,582 | ||
750 | Rampart Range Metropolitan District 5, Lone Tree, Douglas County, Colorado, Limited Tax Supported and Special Revenue Bonds, Series 2021, 4.000%, 12/01/36 (WI/DD, Settling 10/05/21) | 10/26 at 102.00 | N/R | 771,660 | ||
Regional Transportation District, Colorado, Private Activity Bonds, Denver Transit Partners Eagle P3 Project, Series 2020A: | ||||||
600 | 5.000%, 1/15/28 | No Opt. Call | A- | 737,640 | ||
550 | 5.000%, 7/15/28 | No Opt. Call | A- | 683,337 | ||
750 | 5.000%, 1/15/29 | No Opt. Call | A- | 941,183 | ||
500 | 5.000%, 7/15/29 | No Opt. Call | A- | 632,975 | ||
555 | 5.000%, 1/15/30 | No Opt. Call | A- | 709,340 | ||
445 | 5.000%, 7/15/30 | No Opt. Call | A- | 573,507 | ||
1,035 | 5.000%, 1/15/31 | No Opt. Call | A- | 1,346,639 | ||
1,000 | Spring Mesa Metropolitan District, Jefferson County, Colorado, General Obligation Bonds, Refunding Series 2015, 3.750%, 12/01/44 – AGC Insured | 12/25 at 100.00 | AA | 1,058,120 | ||
730 | Transport Metropolitan District 3, In the City of Aurora, Adams County, Colorado, General Obligation Limited Bonds, Series 2021A-1, 5.000%, 12/01/41 | 3/26 at 103.00 | N/R | 817,797 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
Windy Gap Firming Project Water Activity Enterprise, Colorado, Senior Revenue Bonds, Series 2021: | ||||||
$ 1,340 | 5.000%, 7/15/28 | No Opt. Call | AA | $1,697,726 | ||
1,250 | 5.000%, 7/15/29 | No Opt. Call | AA | 1,617,663 | ||
2,500 | 5.000%, 7/15/30 | No Opt. Call | AA | 3,299,100 | ||
2,070 | 5.000%, 7/15/31 | No Opt. Call | AA | 2,782,266 | ||
227,487 | Total Colorado | 260,771,412 | ||||
Connecticut – 2.2% | ||||||
3,890 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hartford HealthCare Issue, Series 2020A, 4.000%, 7/01/36 | 1/30 at 100.00 | A+ | 4,523,759 | ||
1,920 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hartford HealthCare Issue, Series 2020B-1, 5.000%, 7/01/53 (Mandatory Put 1/01/25) | 10/24 at 100.93 | A+ | 2,190,106 | ||
5,570 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hartford HealthCare Issue, Series 2020B-2, 5.000%, 7/01/53 (Mandatory Put 1/01/27) | 10/26 at 100.87 | A+ | 6,728,560 | ||
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Nuvance Health Series 2019A: | ||||||
4,045 | 4.000%, 7/01/34 | 7/29 at 100.00 | A- | 4,680,227 | ||
10,495 | 4.000%, 7/01/35 | 7/29 at 100.00 | A- | 12,119,626 | ||
5,000 | 4.000%, 7/01/36 | 7/29 at 100.00 | A- | 5,756,950 | ||
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Stamford Hospital, Series 2021L-1: | ||||||
700 | 4.000%, 7/01/26 | No Opt. Call | BBB+ | 802,767 | ||
700 | 4.000%, 7/01/27 | No Opt. Call | BBB+ | 817,040 | ||
725 | 4.000%, 7/01/28 | No Opt. Call | BBB+ | 858,994 | ||
600 | 4.000%, 7/01/29 | No Opt. Call | BBB+ | 720,006 | ||
17,020 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Series 2010A-4, 2.000%, 7/01/49 (Mandatory Put 2/08/22) | No Opt. Call | AAA | 17,128,247 | ||
11,515 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Series 2014A, 1.100%, 7/01/48 (Mandatory Put 2/07/23) | No Opt. Call | AAA | 11,646,962 | ||
14,285 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Series 2016A-1, 1.450%, 7/01/42 (Mandatory Put 7/01/22) | No Opt. Call | AAA | 14,420,850 | ||
5,380 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Series 2016A-2, 2.000%, 7/01/42 (Mandatory Put 7/01/26) | No Opt. Call | AAA | 5,714,528 | ||
8,610 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Series 2017B-2, 0.550%, 7/01/37 (Mandatory Put 7/03/23) | No Opt. Call | AAA | 8,650,123 | ||
21,040 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Variable Rate Demand Obligations, Series 1999-U1, 2.000%, 7/01/33 (Mandatory Put 2/08/22) | No Opt. Call | AAA | 21,173,814 | ||
7,735 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven Health Issue, Series 2014D, 1.800%, 7/01/49 (Mandatory Put 7/01/24) | 1/24 at 100.00 | AA- | 7,980,741 | ||
1,170 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2018D-1, 4.000%, 11/15/38 | 11/27 at 100.00 | AAA | 1,296,805 | ||
1,045 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2019B-1, 3.300%, 11/15/39 | 11/28 at 100.00 | AAA | 1,112,089 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Connecticut (continued) | ||||||
$ 1,540 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2019E-1, 2.850%, 11/15/39 | 11/28 at 100.00 | AAA | $1,619,510 | ||
5,800 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2019F-1, 2.750%, 11/15/37 | 11/28 at 100.00 | AAA | 6,087,622 | ||
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2020A-1: | ||||||
5,580 | 2.450%, 5/15/38 | 5/29 at 100.00 | AAA | 5,684,569 | ||
8,955 | 3.500%, 11/15/45 | 5/29 at 100.00 | AAA | 9,887,663 | ||
5,000 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2020D-1, 2.350%, 11/15/40 | 5/30 at 100.00 | AAA | 5,040,900 | ||
12,435 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2020E-3, 1.850%, 5/15/38 | 5/30 at 100.00 | AAA | 11,813,001 | ||
11,105 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2021B-1, 2.100%, 11/15/40 | 11/30 at 100.00 | AAA | 10,604,942 | ||
20,870 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Social Series 2021D-1, 2.300%, 11/15/41 (WI/DD, Settling 10/05/21) | 11/30 at 100.00 | AAA | 20,437,574 | ||
880 | Connecticut State, General Obligation Bonds, Refunding Series 2012C, 5.000%, 6/01/22 | No Opt. Call | Aa3 | 908,178 | ||
15,000 | Connecticut State, General Obligation Bonds, Refunding Series 2020B, 5.000%, 1/15/22 | No Opt. Call | Aa3 | 15,206,100 | ||
2,605 | Connecticut State, General Obligation Bonds, Series 2013E, 5.000%, 8/15/22 | No Opt. Call | Aa3 | 2,714,228 | ||
1,360 | Connecticut State, General Obligation Bonds, Series 2018C, 5.000%, 6/15/22 | No Opt. Call | Aa3 | 1,406,090 | ||
5,035 | Connecticut State, General Obligation Bonds, Series 2020A, 5.000%, 1/15/22 | No Opt. Call | Aa3 | 5,104,181 | ||
1,790 | Connecticut State, Special Tax Obligation Bonds, Transportation Infrastructure Purposes, Refunding Series 20168C, 5.000%, 10/01/23 | No Opt. Call | AA- | 1,960,945 | ||
Connecticut State, Special Tax Obligation Bonds, Transportation Infrastructure Purposes, Refunding Series 2021C: | ||||||
3,440 | 5.000%, 1/01/25 (WI/DD, Settling 10/19/21) | No Opt. Call | AA- | 3,942,894 | ||
3,500 | 5.000%, 1/01/26 (WI/DD, Settling 10/19/21) | No Opt. Call | AA- | 4,143,230 | ||
585 | Steel Point Infrastructure Improvement District, 4.000%, 4/01/41 (WI/DD, Settling 10/13/21) | 4/30 at 100.00 | N/R | 606,267 | ||
Stratford, Connecticut, General Obligation Bonds, Series 2014: | ||||||
410 | 5.000%, 12/15/24 (Pre-refunded 12/15/22) | 12/22 at 100.00 | AA- (4) | 433,571 | ||
580 | 5.000%, 12/15/26 (Pre-refunded 12/15/22) | 12/22 at 100.00 | AA- (4) | 613,344 | ||
227,915 | Total Connecticut | 236,537,003 | ||||
Delaware – 0.2% | ||||||
12,440 | Delaware Economic Development Authority, Exempt Facility Revenue Bonds, NRG Energy Project, Refunding Series 2020A, 1.250%, 10/01/45 (Mandatory Put 10/01/25) | 10/25 at 100.00 | BBB- | 12,536,659 | ||
1,000 | Delaware Health Facilities Authority, Revenue Bonds, Bayhealth Medical Center Project, Series 2017A, 4.000%, 7/01/35 | 7/27 at 100.00 | AA | 1,124,430 | ||
Delaware Health Facilities Authority, Revenue Bonds, Nanticoke Memorial Hospital, Series 2013: | ||||||
1,100 | 4.000%, 7/01/22 (ETM) | No Opt. Call | AA- (4) | 1,131,207 | ||
3,995 | 5.000%, 7/01/28 (Pre-refunded 7/01/23) | 7/23 at 100.00 | AA- (4) | 4,314,320 | ||
18,535 | Total Delaware | 19,106,616 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
District of Columbia – 1.3% | ||||||
$ 3,880 | District of Columbia Student Dormitory Revenue Bonds, Provident Group - Howard Properties LLC Issue, Series 2013, 5.000%, 10/01/30 | 10/22 at 100.00 | BB- | $4,015,490 | ||
2,675 | District of Columbia Tobacco Settlement Corporation, Tobacco Settlement Asset-Backed Bonds, Series 2001, 6.500%, 5/15/33 | No Opt. Call | A- | 2,946,619 | ||
159,565 | District of Columbia Tobacco Settlement Corporation, Tobacco Settlement Asset-Backed Bonds, Series 2006A, 0.000%, 6/15/46 | 11/21 at 21.97 | N/R | 34,903,248 | ||
11,585 | District of Columbia, Income Tax Secured Revenue Bonds, Refunding Series 2020B, 5.000%, 10/01/27 | No Opt. Call | AAA | 14,447,769 | ||
Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail & Capital improvement Projects, Refunding & Subordinate Lien Series 2019B: | ||||||
1,700 | 4.000%, 10/01/35 | 10/29 at 100.00 | A- | 1,964,826 | ||
3,500 | 4.000%, 10/01/37 | 10/29 at 100.00 | A- | 4,020,625 | ||
Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail & Capital Improvement Projects, Refunding First Senior Lien Series 2019A: | ||||||
1,250 | 5.000%, 10/01/33 | 10/28 at 100.00 | A | 1,557,013 | ||
1,750 | 5.000%, 10/01/34 | 10/28 at 100.00 | A | 2,177,805 | ||
2,000 | 5.000%, 10/01/35 | 10/28 at 100.00 | A | 2,483,880 | ||
8,475 | Metropolitan Washington DC Airports Authority, Airport System Revenue Bonds, Refunding Series 2016A, 4.000%, 10/01/35 (AMT) | 10/26 at 100.00 | Aa3 | 9,568,444 | ||
Metropolitan Washington DC Airports Authority, Airport System Revenue Bonds, Refunding Series 2018A: | ||||||
5,520 | 5.000%, 10/01/26 (AMT) | No Opt. Call | Aa3 | 6,646,135 | ||
4,150 | 5.000%, 10/01/28 (AMT) | No Opt. Call | Aa3 | 5,225,514 | ||
4,155 | 5.000%, 10/01/29 (AMT) | 10/28 at 100.00 | Aa3 | 5,221,547 | ||
Metropolitan Washington DC Airports Authority, Airport System Revenue Bonds, Refunding Series 2020A Forward Delivery: | ||||||
7,000 | 5.000%, 10/01/21 (AMT) | No Opt. Call | Aa3 | 7,000,000 | ||
10,000 | 5.000%, 10/01/22 (AMT) | No Opt. Call | Aa3 | 10,476,500 | ||
5,225 | 5.000%, 10/01/23 (AMT) | No Opt. Call | Aa3 | 5,714,060 | ||
Washington Metropolitan Area Transit Authority, Dedicated Revenue Bonds, Green Series 2021A: | ||||||
4,085 | 5.000%, 7/15/26 | No Opt. Call | AA | 4,936,968 | ||
4,000 | 5.000%, 7/15/27 | No Opt. Call | AA | 4,964,440 | ||
6,875 | 4.000%, 7/15/34 | 7/31 at 100.00 | AA | 8,420,500 | ||
1,250 | Washington Metropolitan Area Transit Authority, District of Columbia, Gross Revenue Bonds, Series 2018, 5.000%, 7/01/25 | No Opt. Call | AA- | 1,458,588 | ||
248,640 | Total District of Columbia | 138,149,971 | ||||
Florida – 4.0% | ||||||
4,170 | Alachua County Health Facilities Authority, Florida, Health Facilties Revenue Bonds, Shands Teaching Hospital & Clinics, Inc at the University of Florida Project, Refunding Series 2019B-2, 5.000%, 12/01/37 (Mandatory Put 12/01/26) | 6/26 at 100.00 | A | 4,913,970 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
$ 12,835 | Broward County School Board, Florida, Certificates of Participation, Series 2015A, 5.000%, 7/01/25 | No Opt. Call | Aa3 | $14,955,984 | ||
Broward County, Florida, Airport System Revenue Bonds, Series 2015A: | ||||||
10,000 | 5.000%, 10/01/34 (AMT) | 10/25 at 100.00 | A1 | 11,582,300 | ||
15,135 | 5.000%, 10/01/35 (AMT) | 10/25 at 100.00 | A1 | 17,516,946 | ||
3,110 | Broward County, Florida, Port Facilities Revenue Bonds, Series 2019B, 2.250%, 9/01/29 (AMT) | No Opt. Call | A1 | 3,215,771 | ||
Cape Coral, Florida, Utility Improvement Assessment Bonds, Refunding Various Areas Series 2017: | ||||||
910 | 2.250%, 9/01/23 – AGM Insured | No Opt. Call | AA | 944,280 | ||
1,410 | 2.500%, 9/01/24 – AGM Insured | No Opt. Call | AA | 1,497,519 | ||
1,270 | 2.750%, 9/01/25 – AGM Insured | No Opt. Call | AA | 1,380,541 | ||
890 | 2.750%, 9/01/26 – AGM Insured | No Opt. Call | AA | 975,226 | ||
605 | 3.000%, 9/01/27 – AGM Insured | No Opt. Call | AA | 677,939 | ||
Cape Coral, Florida, Water and Sewer Revenue Bonds, Refunding Series 2015: | ||||||
9,685 | 5.000%, 10/01/32 | 10/25 at 100.00 | A+ | 11,333,678 | ||
7,325 | 5.000%, 10/01/33 | 10/25 at 100.00 | A+ | 8,565,635 | ||
2,030 | Capital Trust Agency, Florida, Educational Facilities Lease Revenue Bonds, Franklin Academy Projects, Series 2020, 5.000%, 12/15/35, 144A | 7/26 at 100.00 | N/R | 2,211,360 | ||
7,010 | Central Florida Expressway Authority, Revenue Bonds, Refunding Senior Lien Series 2021, 5.000%, 7/01/26 – AGM Insured | No Opt. Call | AA | 8,436,815 | ||
10,000 | Central Florida Expressway Authority, Revenue Bonds, Senior Lien Series 2021D, 5.000%, 7/01/33 – AGM Insured | 7/31 at 100.00 | AA | 13,309,700 | ||
Citizens Property Insurance Corporation, Florida, Coastal Account Senior Secured Bonds, Series 2015A-1: | ||||||
16,445 | 5.000%, 6/01/22 | 12/21 at 100.00 | AA | 16,569,653 | ||
14,640 | 5.000%, 6/01/25 | 12/24 at 100.00 | AA | 16,733,813 | ||
Collier County Educational Facilities Authority, Florida, Revenue Bonds, Hodges University, Refunding Series 2013: | ||||||
1,390 | 4.750%, 11/01/23 (ETM) | No Opt. Call | N/R (4) | 1,455,316 | ||
1,860 | 6.000%, 11/01/33 (Pre-refunded 11/01/23) | 11/23 at 100.00 | N/R (4) | 2,073,361 | ||
1,000 | Davie, Florida, Educational Facilities Revenue Bonds, Nova Southeastern University Project, Series 2013A, 6.000%, 4/01/42 (Pre-refunded 4/01/23) | 4/23 at 100.00 | A- (4) | 1,085,240 | ||
Florida Department of Transportation, Full Faith and Credit Right-of-Way Acquisition and Bridge Construction Bonds, Refunding Series 2021A: | ||||||
13,450 | 5.000%, 7/01/26 | No Opt. Call | AAA | 16,222,583 | ||
14,125 | 5.000%, 7/01/27 | No Opt. Call | AAA | 17,513,446 | ||
370 | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Classical Preparatory Incorporated Project, Series 2017A, 5.000%, 6/15/27, 144A | 6/26 at 100.00 | N/R | 394,324 | ||
1,155 | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Mater Academy Projects, Series 2020A, 5.000%, 6/15/35, 144A | 6/27 at 100.00 | BBB | 1,343,796 | ||
30,000 | Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Brightline Passenger Rail Project, Green Series 2019B, 7.375%, 1/01/49, 144A (AMT) | 1/24 at 107.00 | N/R | 32,666,100 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Virgin Trains USA Passenger Rail Project, Series 2019A: | ||||||
$ 44,460 | 6.375%, 1/01/49 (AMT) (Mandatory Put 1/01/26), 144A | 11/21 at 104.00 | N/R | $45,423,893 | ||
30,650 | 6.500%, 1/01/49 (AMT) (Mandatory Put 1/01/29), 144A | 11/21 at 104.00 | N/R | 31,244,916 | ||
3,275 | Florida Governmental Utility Authority, Utility Revenue Bonds, Lake Aqua Utility System, Series 2013A, 4.250%, 10/01/33 | 10/22 at 100.00 | A | 3,391,262 | ||
2,755 | Florida Governmental Utility Authority, Utility Revenue Bonds, Pasco Aqua Utility System, Series 2013A, 4.250%, 10/01/33 (Pre-refunded 10/01/22) | 10/22 at 100.00 | N/R (4) | 2,864,897 | ||
Florida Higher Educational Facilities Financing Authority, Revenue Bonds, Nova Southeastern University Project, Refunding Series 2016: | ||||||
1,250 | 5.000%, 4/01/32 | 4/26 at 100.00 | A- | 1,455,588 | ||
1,750 | 5.000%, 4/01/33 | 4/26 at 100.00 | A- | 2,035,827 | ||
5,965 | 5.000%, 4/01/34 | 4/26 at 100.00 | A- | 6,926,379 | ||
4,290 | 5.000%, 4/01/35 | 4/26 at 100.00 | A- | 4,974,469 | ||
2,020 | Florida Housing Finance Corporation, Homeowner Mortgage Revenue Bonds, Series 2017-1, 3.600%, 7/01/37 | 1/27 at 100.00 | Aaa | 2,103,992 | ||
3,340 | Florida Housing Finance Corporation, Homeowner Mortgage Revenue Bonds, Series 2018-2, 4.050%, 7/01/38 | 1/28 at 100.00 | Aaa | 3,601,990 | ||
6,060 | Florida Housing Finance Corporation, Homeowner Mortgage Revenue Bonds, Series 2019-1, 3.000%, 7/01/39 | 7/28 at 100.00 | Aaa | 6,298,097 | ||
8,390 | Florida Housing Finance Corporation, Homeowner Mortgage Revenue Bonds, Social Series 2021-2, 2.050%, 7/01/41 | 7/30 at 100.00 | Aaa | 8,109,522 | ||
1,190 | Florida Municipal Power Agency, Power Supply Revenue Bonds, All Requirements Project, Refunding Series 2016A, 5.000%, 10/01/30 | 10/26 at 100.00 | AA- | 1,427,465 | ||
9,955 | Florida State Department of Transportation, Federal Highway Reimbursement Revenue Bonds, Indirect GARVEES Series 2021A, 5.000%, 7/01/26 | No Opt. Call | AA | 11,929,574 | ||
11,806 | Highlands County Health Facilities Authority, Florida, Hospital Revenue Bonds, Adventist Health System/Sunbelt Obligated Group, Refunding Series 2012, 2.025%, 11/15/26 (Mandatory Put 11/15/22) | 8/22 at 101.00 | N/R | 11,998,652 | ||
1,940 | Jacksonville, Florida, Special Revenue Bonds, Series 20120C, 5.000%, 10/01/24 | 10/22 at 100.00 | AA | 2,031,646 | ||
5,105 | JEA, Florida, Electric System Revenue Bonds, Subordinated Series Three 2020A, 5.000%, 10/01/27 | No Opt. Call | AA | 6,312,537 | ||
6,010 | Miami-Dade County Educational Facilities Authority, Florida, Revenue Bonds, University of Miami, Series 2015A, 5.000%, 4/01/35 | 4/25 at 100.00 | A- | 6,835,353 | ||
5,560 | Miami-Dade County Educational Facilities Authority, Florida, Revenue Bonds, University of Miami, Series 2018A, 5.000%, 4/01/53 | 4/28 at 100.00 | A- | 6,562,246 | ||
Miami-Dade County Expressway Authority, Florida, Toll System Revenue Bonds, Refunding Series 2014B: | ||||||
2,705 | 5.000%, 7/01/24 | No Opt. Call | A | 3,029,059 | ||
1,440 | 5.000%, 7/01/27 | 7/24 at 100.00 | A | 1,614,600 | ||
5,200 | Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Refunding Series 2012A, 5.000%, 10/01/22 (AMT) | No Opt. Call | A2 | 5,447,780 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
Orlando, Florida, Tourist Development Tax Revenue Bonds, 6th Cent Contract Payments, Refunding Senior Series 2017A: | ||||||
$ 4,000 | 5.000%, 11/01/32 – AGM Insured | 11/27 at 100.00 | AA | $4,906,240 | ||
2,015 | 5.000%, 11/01/34 – AGM Insured | 11/27 at 100.00 | AA | 2,459,771 | ||
1,000 | Osceola County, Florida, Transportation Revenue Bonds, Osceola Parkway, Refunding & Improvement Series 2019A-1, 5.000%, 10/01/44 | 10/29 at 100.00 | BBB+ | 1,238,840 | ||
2,525 | Palm Beach County Health Facilities Authority, Florida, Hospital Revenue Bonds, BRCH Corporation Obligated Group, Refunding Series 2014, 5.000%, 12/01/31 (Pre-refunded 12/01/24) | 12/24 at 100.00 | N/R (4) | 2,893,448 | ||
4,235 | Palm Beach County School Board, Florida, Certificates of Participation, Series 2014B, 5.000%, 8/01/22 | No Opt. Call | Aa3 | 4,403,553 | ||
1,635 | Palm Beach County, Florida, Public Improvement Revenue Bonds, Supervisor of Elections Operations Building Project, Series 2021A, 5.000%, 12/01/24 | No Opt. Call | AAA | 1,874,397 | ||
Seminole County Industrial Development Authority, Florida, Educational Facilities Revenue Bonds, Galileo Schools for Gifted Learning, Series 2021A: | ||||||
315 | 4.000%, 6/15/36, 144A | 6/31 at 100.00 | Ba1 | 356,615 | ||
425 | 4.000%, 6/15/41, 144A | 6/31 at 100.00 | Ba1 | 474,921 | ||
4,830 | South Florida Water Management District, Certificates of Participation, Series 2015, 5.000%, 10/01/33 | 4/26 at 100.00 | AA | 5,692,686 | ||
1,700 | Tampa, Florida, Capital Improvement Cigarette Tax Allocation Bonds, H Lee Moffitt Cancer Center Project, Series 2020A, 0.000%, 9/01/34 | 9/30 at 86.77 | A+ | 1,203,872 | ||
Tampa, Florida, Cigarette Tax Allocation Bonds, H Lee Moffitt Cancer Center Project, Refunding & Capital Improvement Series 2012A: | ||||||
645 | 5.000%, 9/01/22 | No Opt. Call | A+ | 672,696 | ||
2,850 | 5.000%, 9/01/23 | 9/22 at 100.00 | A+ | 2,971,153 | ||
1,280 | 3.125%, 9/01/24 | 9/22 at 100.00 | A+ | 1,311,078 | ||
1,290 | 5.000%, 9/01/25 | 9/22 at 100.00 | A+ | 1,342,606 | ||
1,500 | 5.000%, 9/01/27 | 9/22 at 100.00 | A+ | 1,561,170 | ||
2,000 | 5.000%, 9/01/28 | 9/22 at 100.00 | A+ | 2,081,560 | ||
6,150 | 4.000%, 9/01/33 | 9/22 at 100.00 | A+ | 6,305,656 | ||
384,331 | Total Florida | 424,945,302 | ||||
Georgia – 2.6% | ||||||
9,575 | Athens-Clarke County Unified Government, Georgia, General Obligation Sales Tax Bonds, Series 2021, 5.000%, 12/01/27 | No Opt. Call | Aa1 | 12,011,550 | ||
Atlanta, Georgia, Airport General Revenue Bonds, Refunding Series 2012B: | ||||||
1,500 | 5.000%, 1/01/28 (Pre-refunded 1/01/22) | 1/22 at 100.00 | Aa3 (4) | 1,517,565 | ||
1,650 | 5.000%, 1/01/37 | 1/22 at 100.00 | Aa3 | 1,669,322 | ||
Atlanta, Georgia, Airport Passenger Facilities Charge and General Revenue Bonds, Refunding Subordinate Lien Series 2014A: | ||||||
11,070 | 5.000%, 1/01/27 | 1/24 at 100.00 | Aa3 | 12,201,243 | ||
4,290 | 5.000%, 1/01/29 | 1/24 at 100.00 | Aa3 | 4,743,668 | ||
6,935 | 5.000%, 1/01/30 | 1/24 at 100.00 | Aa3 | 7,661,788 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Georgia (continued) | ||||||
$ 14,820 | Atlanta, Georgia, Water and Wastewater Revenue Bonds, Refunding Series 2018C, 4.000%, 11/01/37 | 11/27 at 100.00 | Aa2 | $17,198,314 | ||
Chatham County Hospital Authority, Georgia, Seven Mill Tax Pledge Revenue Bonds, Memorial Health University Medical Center, Inc, Refunding & Improvement Series 2012A: | ||||||
3,340 | 5.000%, 1/01/23 (Pre-refunded 1/01/22) | 1/22 at 100.00 | N/R (4) | 3,378,677 | ||
5,560 | 5.000%, 1/01/24 (Pre-refunded 1/01/22) | 1/22 at 100.00 | N/R (4) | 5,624,385 | ||
8,990 | 5.000%, 1/01/25 (Pre-refunded 1/01/22) | 1/22 at 100.00 | N/R (4) | 9,094,104 | ||
14,665 | Columbus Medical Center Hospital Authority, Georgia, Revenue Anticipation Certificates, Piedmont Health, Series 2019B, 5.000%, 7/01/54 (Mandatory Put 7/01/29) | 1/29 at 100.00 | AA- | 18,435,518 | ||
3,670 | Fulton County Residential Care Facilities Elderly Authority, Georgia, Revenue Bonds, Canterbury Court Project Entrance Fee , Series 2021B TEMPS-80, 2.250%, 10/01/28, 144A (WI/DD, Settling 10/07/21) | 10/23 at 100.00 | N/R | 3,669,963 | ||
Georgia Housing and Finance Authority, Single Family Mortgage Bonds, Series 2018A: | ||||||
3,590 | 3.600%, 12/01/33 | 6/27 at 100.00 | AAA | 3,814,698 | ||
5,935 | 3.850%, 12/01/38 | 6/27 at 100.00 | AAA | 6,312,763 | ||
1,850 | Georgia Housing and Finance Authority, Single Family Mortgage Bonds, Series 2018B, 3.800%, 12/01/33 | 12/27 at 100.00 | AAA | 1,913,566 | ||
Georgia Housing and Finance Authority, Single Family Mortgage Bonds, Series 2019A: | ||||||
2,910 | 3.050%, 12/01/34 | 6/28 at 100.00 | AAA | 3,103,079 | ||
4,000 | 3.350%, 12/01/39 | 6/28 at 100.00 | AAA | 4,284,480 | ||
8,285 | Georgia Housing and Finance Authority, Single Family Mortgage Bonds, Series 2019B, 2.950%, 12/01/39 | 12/28 at 100.00 | AAA | 8,719,217 | ||
6,355 | Georgia Housing and Finance Authority, Single Family Mortgage Bonds, Sub Series 2015A-1, 3.700%, 12/01/35 | 12/24 at 100.00 | AAA | 6,638,814 | ||
10,020 | Georgia State, General Obligation Bonds, Series 2018A, 5.000%, 7/01/28 | No Opt. Call | AAA | 12,789,027 | ||
Georgia State, General Obligation Bonds, Series 2021A: | ||||||
32,615 | 5.000%, 7/01/25 | No Opt. Call | AAA | 38,203,580 | ||
23,835 | 5.000%, 7/01/26 | No Opt. Call | AAA | 28,822,950 | ||
16,890 | 5.000%, 7/01/27 | No Opt. Call | AAA | 21,006,262 | ||
26,600 | Main Street Natural Gas Inc, Georgia, Gas Supply Revenue Bonds, Series 2019B, 4.000%, 8/01/49 (Mandatory Put 12/02/24) | 9/24 at 100.43 | Aa2 | 29,320,914 | ||
10,620 | Main Street Natural Gas Inc, Georgia, Gas Supply Revenue Bonds, Series 2019C, 4.000%, 3/01/50 (Mandatory Put 9/01/26) | 6/26 at 100.50 | A3 | 12,125,385 | ||
3,075 | Main Street Natural Gas Inc, Georgia, Gas Supply Revenue Bonds, Series 2021C, 4.000%, 5/01/52 (Mandatory Put 12/01/28) | 9/28 at 100.69 | A3 | 3,633,143 | ||
2,785 | Municipal Gas Authority of Georgia, Gas Revenue Bonds, Gas Portfolio III Project, Series 2014U, 5.000%, 10/01/21 | No Opt. Call | AA- | 2,785,000 | ||
245,430 | Total Georgia | 280,678,975 | ||||
Guam – 0.0% | ||||||
4,070 | Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2013, 5.500%, 7/01/43 (Pre-refunded 7/01/23) | 7/23 at 100.00 | A- (4) | 4,430,602 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Hawaii – 0.6% | ||||||
$ 8,320 | Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Hawaiian Electric Company, Inc and Subsidiary Projects, Refunding Series 2019, 3.200%, 7/01/39 | 7/29 at 100.00 | A- | $9,010,394 | ||
10,785 | Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Hawaiian Electric Company, Inc and Subsidiary Projects, Series 2017A, 3.100%, 5/01/26 (AMT) | No Opt. Call | A- | 11,763,846 | ||
Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Queens Health Systems, Series 2015A: | ||||||
5,500 | 5.000%, 7/01/26 | 7/25 at 100.00 | AA- | 6,388,855 | ||
4,510 | 5.000%, 7/01/27 | 7/25 at 100.00 | AA- | 5,229,796 | ||
7,825 | 5.000%, 7/01/28 | 7/25 at 100.00 | AA- | 9,064,402 | ||
9,180 | 5.000%, 7/01/29 | 7/25 at 100.00 | AA- | 10,623,004 | ||
15,450 | HAWAIIAN ELECTRIC COMPANY INC and Its Subsidiaries, Special Purpose Revenue Bonds, Deparment of Budget and Finance of the State of Hawaii, Series 2015, 3.250%, 1/01/25 (AMT) | No Opt. Call | A- | 16,618,638 | ||
700 | Honolulu City and County, Hawaii, General Obligation Bonds, Series 2021A, 2.000%, 7/01/46 | 7/31 at 100.00 | Aa1 | 638,421 | ||
62,270 | Total Hawaii | 69,337,356 | ||||
Idaho – 0.4% | ||||||
560 | Boise City, Idaho, Airport Revenue Bonds, Aircraft Maintenance Facilities Project, Subordinate Series 2015, 3.750%, 9/01/32 (AMT) | 9/25 at 100.00 | A2 | 608,692 | ||
2,205 | Boise City, Idaho, Airport Revenue Bonds, Employee Parking Facilities Project, Series 2021B, 4.000%, 9/01/46 (AMT) | 9/31 at 100.00 | A1 | 2,533,788 | ||
3,750 | Boise City, Idaho, Airport Revenue Bonds, Public Parking Facilities Project, Refunding Series 2021A, 5.000%, 9/01/46 | 9/31 at 100.00 | A1 | 4,776,825 | ||
3,100 | Idaho Health Facilities Authority, Revenue Bonds, Saint Luke's Health System Project, Series 2014A, 4.125%, 3/01/37 | 3/24 at 100.00 | A- | 3,280,482 | ||
3,220 | Idaho Housing and Finance Association, Grant and Revenue Anticipation Bonds, Federal Highway Trust Funds, Series 2021A, 5.000%, 7/15/29 | No Opt. Call | A+ | 4,147,650 | ||
1,000 | Idaho Housing and Finance Association, Nonprofit Facilities Revenue Bonds, Victory Charter School, Inc Project, Refunding Series 2016A, 5.000%, 7/01/39 | 7/26 at 100.00 | BBB- | 1,131,370 | ||
1,595 | Idaho Housing and Finance Association, Single Family Mortgage Revenue Bonds, Series 2019C, 2.900%, 7/01/39 | 1/29 at 100.00 | Aa1 | 1,662,181 | ||
140 | Idaho State, Tax Anticipation Notes, Series 2021, 3.000%, 6/30/22 | No Opt. Call | N/R | 143,003 | ||
2,710 | Madison County School District 321, Idaho, General Obligation Bonds, Sales Tax and Credit Enhancement Guaranty, Refunding Series 2014B, 5.000%, 8/15/22 | No Opt. Call | Aaa | 2,823,630 | ||
12,005 | Nez Perce County, Idaho, Pollution Control Revenue Bonds, Potlatch Corporation Project, Refunding Series 2016, 2.750%, 10/01/24 | No Opt. Call | BBB- | 12,691,926 | ||
Valley and Adams Counties Joint School District 421 McCall-Donnelly, Idaho, General Obligation Bonds, Serie 2021A: | ||||||
1,285 | 4.000%, 9/15/29 | No Opt. Call | Aaa | 1,568,754 | ||
1,665 | 4.000%, 9/15/30 | No Opt. Call | Aaa | 2,059,672 | ||
1,735 | 4.000%, 9/15/31 | No Opt. Call | Aaa | 2,177,876 | ||
835 | 4.000%, 9/15/32 | 9/31 at 100.00 | Aaa | 1,044,301 | ||
35,805 | Total Idaho | 40,650,150 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois – 9.9% | ||||||
$ 1,850 | Bartlett, Illinois, Tax Increment Revenue Bonds, Barlett Quarry Redev Project, Senior Lien Series 2016, 4.000%, 1/01/24 | 1/22 at 100.00 | N/R | $1,854,422 | ||
4,700 | Berwyn, Cook County, Illinois, General Obligation Bonds, Series 2014A, 5.000%, 12/01/34 | 12/24 at 100.00 | BBB | 5,049,022 | ||
Bolingbrook, Will and DuPage Counties, Illinois, General Obligation Bonds, Refunding Series 2013A: | ||||||
2,800 | 0.000%, 1/01/30 (Pre-refunded 7/01/23) | 7/23 at 72.73 | A2 (4) | 2,025,716 | ||
2,550 | 0.000%, 1/01/31 (Pre-refunded 7/01/23) | 7/23 at 68.95 | A2 (4) | 1,748,943 | ||
2,760 | 0.000%, 1/01/32 (Pre-refunded 7/01/23) | 7/23 at 65.29 | A2 (4) | 1,792,482 | ||
4,000 | 0.000%, 1/01/33 (Pre-refunded 7/01/23) | 7/23 at 61.69 | A2 (4) | 2,454,720 | ||
Cary, Illinois, Special Tax Bonds, Special Service Area 1, Refunding Series 2016: | ||||||
427 | 2.150%, 3/01/23 – BAM Insured | No Opt. Call | AA | 436,104 | ||
442 | 2.350%, 3/01/24 – BAM Insured | No Opt. Call | AA | 459,499 | ||
948 | 2.700%, 3/01/26 – BAM Insured | 3/25 at 100.00 | AA | 1,003,534 | ||
1,036 | 2.900%, 3/01/28 – BAM Insured | 3/25 at 100.00 | AA | 1,093,830 | ||
951 | 3.050%, 3/01/30 – BAM Insured | 3/25 at 100.00 | AA | 1,002,373 | ||
Cary, Illinois, Special Tax Bonds, Special Service Area 2, Refunding Series 2016: | ||||||
581 | 2.150%, 3/01/23 – BAM Insured | No Opt. Call | AA | 593,387 | ||
606 | 2.350%, 3/01/24 – BAM Insured | No Opt. Call | AA | 629,992 | ||
936 | 2.700%, 3/01/26 – BAM Insured | 3/25 at 100.00 | AA | 990,831 | ||
1,403 | 2.900%, 3/01/28 – BAM Insured | 3/25 at 100.00 | AA | 1,481,315 | ||
1,427 | 3.050%, 3/01/30 – BAM Insured | 3/25 at 100.00 | AA | 1,504,087 | ||
29,585 | Chicago Board of Education, Illinois, Dedicated Capital Improvement Tax Revenue Bonds, Series 2016, 6.000%, 4/01/46 | 4/27 at 100.00 | A- | 35,965,301 | ||
Chicago Board of Education, Illinois, Dedicated Capital Improvement Tax Revenue Bonds, Series 2017: | ||||||
1,860 | 5.000%, 4/01/33 | 4/27 at 100.00 | A- | 2,198,966 | ||
1,000 | 5.000%, 4/01/42 | 4/27 at 100.00 | A- | 1,168,160 | ||
1,150 | Chicago Board of Education, Illinois, Dedicated Capital Improvement Tax Revenue Bonds, Series 2018, 5.000%, 4/01/37 | 4/28 at 100.00 | A- | 1,381,196 | ||
10,900 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2017B, 7.000%, 12/01/42, 144A | 12/27 at 100.00 | BB | 14,205,425 | ||
Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2017C: | ||||||
3,125 | 5.000%, 12/01/27 | No Opt. Call | BB | 3,812,656 | ||
12,385 | 5.000%, 12/01/30 | 12/27 at 100.00 | BB | 14,949,810 | ||
2,600 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2017D, 5.000%, 12/01/31 | 12/27 at 100.00 | BB | 3,130,166 | ||
8,925 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2017H, 5.000%, 12/01/36 | 12/27 at 100.00 | BB | 10,636,369 | ||
Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2018A: | ||||||
9,745 | 4.000%, 12/01/21 | No Opt. Call | BB | 9,801,229 | ||
5,795 | 4.000%, 12/01/22 | No Opt. Call | BB | 6,030,567 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2018C: | ||||||
$ 1,200 | 5.000%, 12/01/22 | No Opt. Call | BB | $1,262,184 | ||
2,885 | 5.000%, 12/01/23 | No Opt. Call | BB | 3,156,305 | ||
2,300 | 5.000%, 12/01/24 | No Opt. Call | BB | 2,606,797 | ||
Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2019A: | ||||||
1,860 | 0.000%, 12/01/25 | No Opt. Call | BB | 1,765,772 | ||
2,545 | 0.000%, 12/01/26 | No Opt. Call | BB | 2,362,956 | ||
4,000 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2021B, 5.000%, 12/01/31 | 12/30 at 100.00 | BB | 5,076,360 | ||
19,585 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series 2017A, 7.000%, 12/01/46, 144A | 12/27 at 100.00 | BB | 25,381,768 | ||
Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series 2021A: | ||||||
1,000 | 5.000%, 12/01/33 | 12/30 at 100.00 | BB | 1,258,560 | ||
5,300 | 5.000%, 12/01/36 | 12/30 at 100.00 | BB | 6,620,760 | ||
5,950 | Chicago Transit Authority, Illinois, Sales Tax Receipts Revenue Bonds, Second Lien Series 2020A, 5.000%, 12/01/45 | 12/29 at 100.00 | A+ | 7,307,136 | ||
Chicago Transit Authority, Illinois, Sales Tax Receipts Revenue Bonds, Series 2011: | ||||||
3,530 | 5.250%, 12/01/25 (Pre-refunded 12/01/21) | 12/21 at 100.00 | AA (4) | 3,558,770 | ||
3,235 | 5.250%, 12/01/26 (Pre-refunded 12/01/21) | 12/21 at 100.00 | AA (4) | 3,261,365 | ||
Chicago, Illinois, General Airport Revenue Bonds, O'Hare International Airport, Refunding Senior Lien Series 2015A: | ||||||
5,710 | 5.000%, 1/01/33 (AMT) | 1/25 at 100.00 | A | 6,482,163 | ||
4,225 | 5.000%, 1/01/34 (AMT) | 1/25 at 100.00 | A | 4,793,432 | ||
Chicago, Illinois, General Airport Revenue Bonds, O'Hare International Airport, Senior Lien Series 2018B: | ||||||
2,500 | 5.000%, 1/01/36 | 1/29 at 100.00 | A | 3,096,625 | ||
3,000 | 5.000%, 1/01/37 | 1/29 at 100.00 | A | 3,706,650 | ||
4,000 | 5.000%, 1/01/38 | 1/29 at 100.00 | A | 4,932,080 | ||
17,805 | Chicago, Illinois, General Obligation Bonds, Project & Refunding Series 2017A, 6.000%, 1/01/38 | 1/27 at 100.00 | BBB+ | 21,840,503 | ||
Chicago, Illinois, General Obligation Bonds, Refunding Series 2016C: | ||||||
2,080 | 5.000%, 1/01/23 (ETM) | No Opt. Call | N/R (4) | 2,201,846 | ||
4,745 | 5.000%, 1/01/23 | No Opt. Call | BBB+ | 5,005,548 | ||
7,600 | 5.000%, 1/01/24 | No Opt. Call | BBB+ | 8,330,208 | ||
4,440 | 5.000%, 1/01/25 | No Opt. Call | BBB+ | 5,026,346 | ||
2,045 | 5.000%, 1/01/26 | No Opt. Call | BBB+ | 2,383,243 | ||
1,525 | Cook County Community College District 508, Illinois, General Obligation Bonds, Chicago City Colleges, Series 2013, 5.000%, 12/01/24 | 12/23 at 100.00 | A+ | 1,660,801 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
Cook County, Illinois, General Obligation Bonds, Refunding Series 2012C: | ||||||
$ 2,830 | 5.000%, 11/15/21 | No Opt. Call | A+ | $2,845,707 | ||
2,475 | 5.000%, 11/15/22 | No Opt. Call | A+ | 2,607,883 | ||
2,260 | Cook County, Illinois, General Obligation Bonds, Refunding Series 2016A, 5.000%, 11/15/21 | No Opt. Call | A+ | 2,272,543 | ||
Cook County, Illinois, General Obligation Bonds, Refunding Series 2021A: | ||||||
3,900 | 5.000%, 11/15/26 | No Opt. Call | A+ | 4,732,611 | ||
2,000 | 5.000%, 11/15/27 | No Opt. Call | A+ | 2,480,380 | ||
3,345 | Cook County, Illinois, Sales Tax Revenue Bonds, Series 2021A, 4.000%, 11/15/39 | 11/30 at 100.00 | AA- | 3,898,062 | ||
Effingham and Clay Counties Community Unit School District Number 40, Effingham, Illinois, General Obligation Bonds, School Series 2019A: | ||||||
1,000 | 4.000%, 12/01/30 – BAM Insured | 12/27 at 100.00 | AA | 1,169,430 | ||
1,000 | 4.000%, 12/01/34 – BAM Insured | 12/27 at 100.00 | AA | 1,129,480 | ||
1,395 | 4.000%, 12/01/35 – BAM Insured | 12/27 at 100.00 | AA | 1,564,730 | ||
1,455 | 4.000%, 12/01/36 – BAM Insured | 12/27 at 100.00 | AA | 1,629,193 | ||
500 | Huntley, Illinois, Special Tax Bonds, Special Service Area 10, Refunding Series 2017, 2.800%, 3/01/25 – BAM Insured | No Opt. Call | AA | 534,550 | ||
Huntley, Illinois, Special Tax Bonds, Special Service Area 9, Refunding Series 2017: | ||||||
873 | 2.400%, 3/01/23 – BAM Insured | No Opt. Call | AA | 896,658 | ||
923 | 2.600%, 3/01/24 – BAM Insured | No Opt. Call | AA | 966,399 | ||
1,022 | 3.000%, 3/01/26 – BAM Insured | No Opt. Call | AA | 1,112,743 | ||
1,052 | 3.150%, 3/01/27 – BAM Insured | 3/26 at 100.00 | AA | 1,145,523 | ||
6,815 | Illinois Finance Authority, Revenue Bonds, Advocate Health Care Network, Refunding Series 2008A-2, 4.000%, 11/01/30 | No Opt. Call | AA | 7,662,377 | ||
7,370 | Illinois Finance Authority, Revenue Bonds, Advocate Health Care Network, Refunding Series 2008A-3, 5.000%, 11/01/30 | No Opt. Call | AA | 8,693,431 | ||
1,070 | Illinois Finance Authority, Revenue Bonds, Advocate Health Care Network, Refunding Series 2014, 5.000%, 8/01/23 | No Opt. Call | AA | 1,163,186 | ||
8,500 | Illinois Finance Authority, Revenue Bonds, Advocate Health Care Network, Series 2008A-1, 4.000%, 11/01/30 | No Opt. Call | AA | 9,558,080 | ||
3,245 | Illinois Finance Authority, Revenue Bonds, Advocate Health Care Network, Series 2012, 5.000%, 6/01/42 (Pre-refunded 6/01/22) | 6/22 at 100.00 | AA (4) | 3,349,165 | ||
6,400 | Illinois Finance Authority, Revenue Bonds, Ann & Robert H Lurie Children's Hospital of Chicago, Refunding Series 2017, 4.000%, 8/15/39 | 8/27 at 100.00 | AA | 7,219,776 | ||
2,000 | Illinois Finance Authority, Revenue Bonds, Art Institute of Chicago, Series 2016, 5.000%, 3/01/30 | 3/26 at 100.00 | AA- | 2,353,560 | ||
Illinois Finance Authority, Revenue Bonds, Ascension Health/fkaPresence Health Network, Series 2016C: | ||||||
2,400 | 3.625%, 2/15/32 | 2/27 at 100.00 | AA+ | 2,684,208 | ||
10,000 | 3.750%, 2/15/34 | 2/27 at 100.00 | AA+ | 11,199,600 | ||
70 | 4.000%, 2/15/41 (Pre-refunded 2/15/27) | 2/27 at 100.00 | N/R (4) | 81,417 | ||
1,505 | 4.000%, 2/15/41 (Pre-refunded 2/15/27) | 2/27 at 100.00 | N/R (4) | 1,750,466 | ||
32,435 | 4.000%, 2/15/41 | 2/27 at 100.00 | AA+ | 36,401,476 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
$ 13,685 | Illinois Finance Authority, Revenue Bonds, Centegra Health System, Series 2012, 5.000%, 9/01/27 (Pre-refunded 9/01/22) | 9/22 at 100.00 | AA+ (4) | $14,284,540 | ||
Illinois Finance Authority, Revenue Bonds, Centegra Health System, Series 2014A: | ||||||
475 | 5.000%, 9/01/26 (Pre-refunded 9/01/24) | 9/24 at 100.00 | AA+ (4) | 539,002 | ||
1,205 | 5.000%, 9/01/27 (Pre-refunded 9/01/24) | 9/24 at 100.00 | AA+ (4) | 1,367,362 | ||
775 | 5.000%, 9/01/29 (Pre-refunded 9/01/24) | 9/24 at 100.00 | AA+ (4) | 879,424 | ||
2,450 | 5.000%, 9/01/34 (Pre-refunded 9/01/24) | 9/24 at 100.00 | AA+ (4) | 2,780,113 | ||
2,910 | 4.625%, 9/01/39 (Pre-refunded 9/01/24) | 9/24 at 100.00 | AA+ (4) | 3,270,549 | ||
7,040 | 5.000%, 9/01/42 (Pre-refunded 9/01/24) | 9/24 at 100.00 | AA+ (4) | 7,988,570 | ||
Illinois Finance Authority, Revenue Bonds, Ingalls Health System, Series 2013: | ||||||
1,390 | 5.000%, 5/15/23 (Pre-refunded 5/15/22) | 5/22 at 100.00 | A1 (4) | 1,429,420 | ||
1,120 | 5.000%, 5/15/25 (Pre-refunded 5/15/22) | 5/22 at 100.00 | A1 (4) | 1,151,763 | ||
1,175 | 5.000%, 5/15/26 (Pre-refunded 5/15/22) | 5/22 at 100.00 | A1 (4) | 1,208,323 | ||
Illinois Finance Authority, Revenue Bonds, Memorial Health System, Series 2019: | ||||||
2,500 | 5.000%, 4/01/31 | 4/29 at 100.00 | AA- | 3,135,300 | ||
1,300 | 5.000%, 4/01/32 | 4/29 at 100.00 | AA- | 1,624,909 | ||
4,500 | 5.000%, 4/01/34 | 4/29 at 100.00 | AA- | 5,592,420 | ||
7,610 | 5.000%, 4/01/36 | 4/29 at 100.00 | AA- | 9,394,545 | ||
5,205 | Illinois Finance Authority, Revenue Bonds, Mercy Health Corporation, Series 2016, 5.000%, 12/01/24 | No Opt. Call | A3 | 5,924,747 | ||
Illinois Finance Authority, Revenue Bonds, Northwest Community Hospital, Refunding Series 2016A: | ||||||
2,370 | 5.000%, 7/01/33 | 7/26 at 100.00 | AA- | 2,782,001 | ||
3,170 | 5.000%, 7/01/34 | 7/26 at 100.00 | AA- | 3,714,701 | ||
5,000 | 5.000%, 7/01/35 | 7/26 at 100.00 | AA- | 5,851,600 | ||
Illinois Finance Authority, Revenue Bonds, OSF Healthcare System, Series 2015A: | ||||||
1,000 | 5.000%, 11/15/27 | 11/25 at 100.00 | A | 1,166,610 | ||
1,885 | 5.000%, 11/15/28 | 11/25 at 100.00 | A | 2,197,401 | ||
2,000 | 5.000%, 11/15/29 | 11/25 at 100.00 | A | 2,329,700 | ||
2,950 | Illinois Finance Authority, Revenue Bonds, Roosevelt University, Series 2007, 5.400%, 4/01/27 | 11/21 at 100.00 | B | 2,957,228 | ||
Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital and Medical Centers, Refunding Series 2015C: | ||||||
2,215 | 5.000%, 8/15/35 | 8/25 at 100.00 | A3 | 2,552,544 | ||
5,000 | 5.000%, 8/15/44 | 8/25 at 100.00 | A3 | 5,743,450 | ||
Illinois FInance Authority, Revenue Bonds, Southern Illinois Healthcare Enterprises, Inc, Refunding Series 2017C: | ||||||
1,150 | 5.000%, 3/01/32 | 3/27 at 100.00 | AA- | 1,360,841 | ||
2,750 | 5.000%, 3/01/33 | 3/27 at 100.00 | AA- | 3,247,283 | ||
1,650 | 5.000%, 3/01/34 | 3/27 at 100.00 | AA- | 1,945,994 | ||
1,800 | 4.000%, 3/01/35 | 3/27 at 100.00 | AA- | 2,018,286 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
$ 9,805 | Illinois Finance Authority, Revenue Bonds, University of Chicago, Series 2021B, 5.000%, 8/15/53 (Mandatory Put 8/15/31) | No Opt. Call | AA- | $13,050,357 | ||
1,205 | Illinois Health Facilities Authority, Revenue Bonds, Advocate Healthcare Network, Series 2003A Remarketing 07/21/16, 1.375%, 11/15/22 | 11/21 at 101.00 | AA | 1,213,917 | ||
23,290 | Illinois Housing Development Authority, Revenue Bonds, Green Series 2021B, 2.150%, 10/01/41 | 4/30 at 100.00 | Aaa | 22,547,515 | ||
3,195 | Illinois Housing Development Authority, Revenue Bonds, Series 2019D, 2.950%, 10/01/39 | 4/29 at 100.00 | Aaa | 3,277,112 | ||
Illinois State, General Obligation Bonds, February Series 2014: | ||||||
4,110 | 5.000%, 2/01/23 | No Opt. Call | BBB | 4,360,669 | ||
5,815 | 5.000%, 2/01/24 | No Opt. Call | BBB | 6,417,608 | ||
4,985 | 5.000%, 2/01/25 | 2/24 at 100.00 | BBB | 5,493,021 | ||
4,675 | 5.000%, 2/01/26 | 2/24 at 100.00 | BBB | 5,128,943 | ||
6,100 | 5.000%, 2/01/27 | 2/24 at 100.00 | BBB | 6,683,099 | ||
2,975 | Illinois State, General Obligation Bonds, June Series 2016, 3.500%, 6/01/29 | 6/26 at 100.00 | BBB | 3,248,700 | ||
2,750 | Illinois State, General Obligation Bonds, March Series 2021A, 5.000%, 3/01/26 | No Opt. Call | BBB | 3,240,490 | ||
1,800 | Illinois State, General Obligation Bonds, May Series 2014, 5.000%, 5/01/32 | 5/24 at 100.00 | BBB | 1,968,570 | ||
12,200 | Illinois State, General Obligation Bonds, November Series 2016, 5.000%, 11/01/26 | No Opt. Call | BBB | 14,588,394 | ||
6,440 | Illinois State, General Obligation Bonds, November Series 2017C, 5.000%, 11/01/29 | 11/27 at 100.00 | BBB | 7,723,106 | ||
Illinois State, General Obligation Bonds, November Series 2017D: | ||||||
3,405 | 5.000%, 11/01/21 | No Opt. Call | BBB | 3,417,190 | ||
26,235 | 5.000%, 11/01/23 | No Opt. Call | BBB | 28,685,611 | ||
4,180 | 5.000%, 11/01/24 | No Opt. Call | BBB | 4,735,355 | ||
5,530 | 5.000%, 11/01/25 | No Opt. Call | BBB | 6,459,317 | ||
4,825 | 3.250%, 11/01/26 | No Opt. Call | BBB | 5,353,145 | ||
3,440 | 5.000%, 11/01/26 | No Opt. Call | BBB | 4,113,449 | ||
11,790 | 5.000%, 11/01/27 | No Opt. Call | BBB | 14,370,477 | ||
5,890 | 5.000%, 11/01/28 | 11/27 at 100.00 | BBB | 7,124,544 | ||
10,075 | Illinois State, General Obligation Bonds, November Series 2019A, 5.000%, 11/01/22 | No Opt. Call | BBB | 10,577,138 | ||
2,000 | Illinois State, General Obligation Bonds, November Series 2019B, 5.000%, 11/01/30 | 11/29 at 100.00 | BBB | 2,500,580 | ||
3,250 | Illinois State, General Obligation Bonds, Refunding March Series 2021C, 4.000%, 3/01/24 | No Opt. Call | BBB | 3,519,490 | ||
1,600 | Illinois State, General Obligation Bonds, Refunding September Series 2018B, 5.000%, 10/01/32 | 10/28 at 100.00 | BBB | 1,937,520 | ||
Illinois State, General Obligation Bonds, Refunding Series 2012: | ||||||
15,265 | 5.000%, 8/01/22 | No Opt. Call | BBB | 15,853,008 | ||
410 | 5.000%, 8/01/25 | 8/22 at 100.00 | BBB | 425,268 | ||
12,210 | Illinois State, General Obligation Bonds, Series 2012A, 4.000%, 1/01/22 | No Opt. Call | BBB | 12,320,623 | ||
Illinois State, General Obligation Bonds, Series 2013: | ||||||
5,715 | 5.500%, 7/01/25 | 7/23 at 100.00 | BBB | 6,201,461 | ||
2,875 | 5.500%, 7/01/26 | 7/23 at 100.00 | BBB | 3,111,325 | ||
2,105 | 5.500%, 7/01/27 | 7/23 at 100.00 | BBB | 2,275,105 | ||
7,570 | 5.250%, 7/01/29 | 7/23 at 100.00 | BBB | 8,117,992 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Refunding Senior Lien Series 2014A: | ||||||
$ 9,595 | 5.000%, 12/01/21 | No Opt. Call | AA- | $9,668,881 | ||
3,385 | 5.000%, 12/01/22 | No Opt. Call | AA- | 3,573,883 | ||
4,110 | 5.000%, 1/01/33 | 1/23 at 100.00 | AA- | 4,346,078 | ||
Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Refunding Senior Lien Series 2016A: | ||||||
8,060 | 5.000%, 12/01/31 | 1/26 at 100.00 | AA- | 9,459,458 | ||
8,675 | 5.000%, 12/01/32 | 1/26 at 100.00 | AA- | 10,169,355 | ||
Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Refunding Senior Lien Series 2018A: | ||||||
8,500 | 5.000%, 1/01/25 | No Opt. Call | AA- | 9,740,830 | ||
14,385 | 5.000%, 1/01/26 | No Opt. Call | AA- | 17,027,956 | ||
Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Senior Lien Series 2014B: | ||||||
11,000 | 5.000%, 1/01/36 | 1/24 at 100.00 | AA- | 12,066,890 | ||
6,135 | 5.000%, 1/01/37 | 1/24 at 100.00 | AA- | 6,724,267 | ||
11,670 | Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Senior Lien Series 2014D, 5.000%, 1/01/24 | No Opt. Call | AA- | 12,879,129 | ||
10,805 | Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Senior Lien Series 2015B, 5.000%, 1/01/37 | 1/26 at 100.00 | AA- | 12,617,107 | ||
Kane County Community Unit School District 304 Geneva, Illinois, General Obligation Bonds, Series 2007A: | ||||||
1,955 | 9.000%, 1/01/22 – AGM Insured (ETM) | No Opt. Call | AA (4) | 1,996,172 | ||
6,615 | 9.000%, 1/01/22 – AGM Insured | No Opt. Call | AA+ | 6,756,759 | ||
285 | 9.000%, 1/01/23 – AGM Insured (ETM) | No Opt. Call | AA (4) | 315,512 | ||
965 | 9.000%, 1/01/23 – AGM Insured | No Opt. Call | AA+ | 1,070,648 | ||
1,210 | 9.000%, 1/01/25 (ETM) | No Opt. Call | AA (4) | 1,538,491 | ||
3,940 | 9.000%, 1/01/25 – AGM Insured | No Opt. Call | AA+ | 4,985,124 | ||
Kendall, Kane, and Will Counties Community Unit School District 308 Oswego, Illinois, General Obligation Bonds, Refunding School Series 2016: | ||||||
5,020 | 5.000%, 2/01/34 | 2/26 at 100.00 | AA- | 5,877,717 | ||
3,465 | 5.000%, 2/01/35 | 2/26 at 100.00 | AA- | 4,050,620 | ||
LaSalle and Bureau Counties High School District 120 LaSalle-Peru, Illinois, General Obligation Bonds, School Building Series 2017: | ||||||
1,140 | 5.000%, 12/01/24 – BAM Insured | No Opt. Call | AA | 1,292,258 | ||
1,485 | 5.000%, 12/01/30 – BAM Insured | 12/26 at 100.00 | AA | 1,800,889 | ||
1,165 | 5.000%, 12/01/31 – BAM Insured | 12/26 at 100.00 | AA | 1,412,166 | ||
1,645 | 5.000%, 12/01/32 – BAM Insured | 12/26 at 100.00 | AA | 1,992,144 | ||
1,725 | 5.000%, 12/01/33 – BAM Insured | 12/26 at 100.00 | AA | 2,087,078 | ||
1,815 | 5.000%, 12/01/34 – BAM Insured | 12/26 at 100.00 | AA | 2,192,901 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
LaSalle County, Illinois, General Obligation Bonds, Self-Insurance Series 2019: | ||||||
$ 1,845 | 4.000%, 12/01/27 | No Opt. Call | Aa2 | $2,149,314 | ||
1,925 | 4.000%, 12/01/28 | 12/27 at 100.00 | Aa2 | 2,291,539 | ||
1,560 | 4.000%, 12/01/29 | 12/27 at 100.00 | Aa2 | 1,847,633 | ||
Madison County Community Unit School District 7 Edwardsville, Illinois, General Obligation Bonds, Series 2017A: | ||||||
2,430 | 5.000%, 12/01/28 | 12/25 at 100.00 | AA | 2,857,048 | ||
2,500 | 5.000%, 12/01/29 | 12/25 at 100.00 | AA | 2,939,350 | ||
1,500 | Madison, Macoupin, Jersey, Calhoun, Morgan, Scott, and Greene Counties Community College District 536, Illinois, General Obligation Bonds, Lewis & Clark Community College, Refunding Series 2017A, 5.000%, 11/01/31 – AGM Insured | 11/26 at 100.00 | AA | 1,798,455 | ||
Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2012B: | ||||||
5,535 | 5.000%, 12/15/28 | 6/22 at 100.00 | BBB+ | 5,717,212 | ||
1,905 | 0.000%, 12/15/51 | No Opt. Call | BBB+ | 754,037 | ||
4,360 | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2022A, 4.000%, 12/15/42 (WI/DD, Settling 3/17/22) | 12/31 at 100.00 | BBB+ | 4,955,402 | ||
Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2017B: | ||||||
1,810 | 0.000%, 12/15/37 (7) | No Opt. Call | BBB+ | 1,555,315 | ||
9,045 | 0.000%, 12/15/42 (7) | 6/38 at 100.00 | BBB+ | 7,838,216 | ||
6,000 | 0.000%, 12/15/47 (7) | 6/38 at 100.00 | BBB+ | 5,118,180 | ||
1,470 | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2020B, 5.000%, 6/15/42 | 12/30 at 100.00 | BBB+ | 1,820,242 | ||
28,515 | Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Series 2002A, 0.000%, 12/15/29 – NPFG Insured | No Opt. Call | BBB+ | 24,523,185 | ||
Montgomery, Illinois, Lakewood Creek Project Special Assessment Bonds, Series 2018: | ||||||
419 | 3.100%, 3/01/26 – BAM Insured | No Opt. Call | AA | 454,791 | ||
474 | 3.200%, 3/01/27 – BAM Insured | No Opt. Call | AA | 519,604 | ||
337 | 3.300%, 3/01/28 – BAM Insured | 3/27 at 100.00 | AA | 370,555 | ||
587 | 3.450%, 3/01/30 – BAM Insured | 3/27 at 100.00 | AA | 642,706 | ||
500 | Morton Grove, Illinois, Tax Increment Revenue Bonds, Sawmill Station Redevelopment Project, Senior Lien Series 2019, 4.250%, 1/01/29 | 1/26 at 100.00 | N/R | 514,440 | ||
Northern Illinois University, Auxiliary Facilities System Revenue Bonds, Series 2021: | ||||||
325 | 5.000%, 10/01/27 – BAM Insured | No Opt. Call | AA | 396,367 | ||
650 | 5.000%, 10/01/28 – BAM Insured | No Opt. Call | AA | 809,549 | ||
2,270 | Peroia Public Building Commission, Illinois, School District Facility Revenue Bonds, Peoria County School District 150 Project, Series 2011, 0.000%, 12/01/24 | No Opt. Call | A | 2,190,278 | ||
1,491 | Plano, Illinois, Special Tax Bonds, Special Service Area 1 & 2 Lakewood Springs Project, Refunding Series 2014, 5.000%, 3/01/29 – AGM Insured | 3/24 at 100.00 | AA | 1,621,015 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
Quad Cities Regional Economic Development Authority, Illinois, Revenue Bonds, Augustana College, Series 2012: | ||||||
$ 295 | 5.000%, 10/01/23 | 10/22 at 100.00 | Baa1 | $306,124 | ||
350 | 5.000%, 10/01/24 | 10/22 at 100.00 | Baa1 | 362,646 | ||
Railsplitter Tobacco Settlement Authority, Illinois, Tobacco Settlement Revenue Bonds, Series 2017: | ||||||
3,940 | 5.000%, 6/01/25 | No Opt. Call | A | 4,577,137 | ||
5,010 | 5.000%, 6/01/26 | No Opt. Call | A | 5,997,170 | ||
3,030 | 5.000%, 6/01/27 | 6/26 at 100.00 | A | 3,603,912 | ||
Round Lake, Lake County, Illinois, Special Tax Bonds, Lakewood Grove Special Service Areas 1, 3 & 4, Refunding Series 2017: | ||||||
1,283 | 3.700%, 3/01/29 – BAM Insured | 3/27 at 100.00 | AA | 1,429,031 | ||
1,073 | 3.800%, 3/01/30 – BAM Insured | 3/27 at 100.00 | AA | 1,194,195 | ||
1,897 | 4.000%, 3/01/33 – BAM Insured | 3/27 at 100.00 | AA | 2,077,727 | ||
Sales Tax Securitization Corporation, Illinois, Sales Tax Securitzation Bonds, Second Lien Series 2020A: | ||||||
2,425 | 5.000%, 1/01/36 | 1/30 at 100.00 | AA- | 3,053,124 | ||
2,435 | 5.000%, 1/01/37 – BAM Insured | 1/30 at 100.00 | AA | 3,063,571 | ||
Southwestern Illinois Development Authority, Health Facility Revenue Bonds, Memorial Group, Inc, Series 2013: | ||||||
2,565 | 7.125%, 11/01/43 (Pre-refunded 11/01/23) | 11/23 at 100.00 | N/R (4) | 2,925,690 | ||
2,415 | 7.625%, 11/01/48 (Pre-refunded 11/01/23) | 11/23 at 100.00 | N/R (4) | 2,779,544 | ||
2,795 | Southwestern Illinois Development Authority, Local Government Program Revenue Bonds, Southwestern Illinois Flood District Council Project, Series 2016B, 4.000%, 10/15/40 | 10/25 at 100.00 | A- | 3,040,401 | ||
Southwestern Illinois Development Authority, Local Government Program Revenue Bonds, Southwestern Illinois Flood District Council Project, Series 2020: | ||||||
950 | 4.000%, 4/15/34 | 4/30 at 100.00 | AA- | 1,122,283 | ||
1,225 | 4.000%, 10/15/35 | 4/30 at 100.00 | AA- | 1,441,249 | ||
Springfield, Illinois, Electric Revenue Bonds, Refunding Senior Lien Series 2015: | ||||||
95 | 5.000%, 3/01/22 | No Opt. Call | A | 96,778 | ||
7,805 | 5.000%, 3/01/33 | 3/25 at 100.00 | A | 8,915,495 | ||
13,960 | 5.000%, 3/01/34 – AGM Insured | 3/25 at 100.00 | AA | 15,925,847 | ||
11,060 | 5.000%, 3/01/40 – AGM Insured | 3/25 at 100.00 | AA | 12,585,506 | ||
Sterling, Whiteside County, Illinois, General Obligation Bonds, Alternate Revenue Source, Series 2012: | ||||||
3,205 | 4.000%, 11/01/21 | No Opt. Call | A | 3,213,621 | ||
2,830 | 4.000%, 11/01/22 | No Opt. Call | A | 2,936,634 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
Will and Kendall Counties Community Consolidated School District 202 Plainfield, Illinois, General Obligation Bonds, Series 2016C: | ||||||
$ 9,760 | 5.000%, 1/01/22 | No Opt. Call | Aa2 | $9,873,899 | ||
3,355 | 5.000%, 1/01/23 | No Opt. Call | Aa2 | 3,554,186 | ||
3,295 | 5.000%, 1/01/24 | No Opt. Call | Aa2 | 3,622,358 | ||
4,215 | 5.000%, 1/01/25 | No Opt. Call | Aa2 | 4,799,578 | ||
5,675 | Will County Community High School District 210 Lincoln-Way, Illinois, General Obligation Bonds, Series 2013B, 0.000%, 1/01/30 | No Opt. Call | Baa1 | 4,664,737 | ||
5,000 | Will County, Illinois, General Obligation Bonds, Alternate Revenue Source, Series 2016, 5.000%, 11/15/41 (Pre-refunded 11/15/25) | 11/25 at 100.00 | AA+ (4) | 5,919,500 | ||
Winnebago-Boone Counties School District 205 Rockford, Illinois, General Obligation Bonds, Series 2013: | ||||||
4,070 | 0.000%, 2/01/25 | No Opt. Call | A+ | 3,925,474 | ||
3,855 | 0.000%, 2/01/26 | No Opt. Call | A+ | 3,646,869 | ||
955,458 | Total Illinois | 1,060,040,671 | ||||
Indiana – 3.1% | ||||||
3,500 | Indiana Finance Authority, Educational Facilities Revenue Bonds, University of Indianapolis Project, Series 2017, 5.000%, 10/01/43 | 4/27 at 100.00 | BBB+ | 4,032,420 | ||
2,570 | Indiana Finance Authority, Environmental Facilities Revenue Bonds, Indianapolis Power & Light Company Project, Refunding Series 2020A, 0.950%, 12/01/38 (Mandatory Put 4/01/26) (AMT) | No Opt. Call | A2 | 2,532,941 | ||
6,750 | Indiana Finance Authority, Environmental Facilities Revenue Bonds, Indianapolis Power & Light Company Project, Refunding Series 2021B, 1.400%, 8/01/29 | 8/26 at 100.00 | A2 | 6,681,757 | ||
2,375 | Indiana Finance Authority, Environmental Improvement Revenue Bonds, United States Steel Corporation Project, Refunding Series 2021A, 4.125%, 12/01/26 | No Opt. Call | B | 2,619,411 | ||
5,825 | Indiana Finance Authority, Hospital Revenue Bonds, Goshen Health, Series 2019B, 2.100%, 11/01/49 (Mandatory Put 11/01/26) | 5/26 at 100.00 | A- | 6,099,532 | ||
12,500 | Indiana Finance Authority, Hospital Revenue Bonds, Indiana Unversity Health Obligation Group, Refunding 2015B, 1.650%, 12/01/42 (Pre-refunded 1/01/22) (Mandatory Put 7/01/22) | 1/22 at 100.00 | AA (4) | 12,544,875 | ||
Indiana Finance Authority, Hospital Revenue Bonds, Major Hospital Project, Series 2014A: | ||||||
1,130 | 3.500%, 10/01/26 (Pre-refunded 10/01/23) | 10/23 at 100.00 | N/R (4) | 1,203,382 | ||
500 | 5.000%, 10/01/29 (Pre-refunded 10/01/23) | 10/23 at 100.00 | N/R (4) | 547,680 | ||
4,000 | Indiana Finance Authority, Lease Appropriation Bonds, Stadium Project, Refunding Series 2015A, 5.250%, 2/01/37 | 8/25 at 100.00 | AA+ | 4,656,240 | ||
Indiana Finance Authority, Wastewater Utility Revenue Bonds, CWA Authority Project, Refunding First Lien Series 2021-1: | ||||||
3,795 | 5.000%, 10/01/27 | No Opt. Call | AA | 4,722,726 | ||
3,025 | 5.000%, 10/01/28 | No Opt. Call | AA | 3,850,916 | ||
4,300 | 5.000%, 10/01/29 | No Opt. Call | AA | 5,584,883 | ||
5,295 | 5.000%, 10/01/30 | No Opt. Call | AA | 6,998,507 | ||
3,000 | 5.000%, 10/01/31 | No Opt. Call | AA | 4,045,620 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Indiana (continued) | ||||||
Indiana Finance Authority, Wastewater Utility Revenue Bonds, CWA Authority Project, Series 2014A: | ||||||
$ 800 | 5.000%, 10/01/22 | No Opt. Call | AA | $838,040 | ||
620 | 5.000%, 10/01/23 | No Opt. Call | AA | 678,553 | ||
635 | 5.000%, 10/01/24 | No Opt. Call | AA | 723,817 | ||
1,580 | 5.000%, 10/01/25 | 10/24 at 100.00 | AA | 1,797,408 | ||
1,710 | 5.000%, 10/01/26 | 10/24 at 100.00 | AA | 1,939,824 | ||
10,000 | 5.000%, 10/01/40 | 10/24 at 100.00 | AA | 11,224,900 | ||
8,010 | Indiana Finance Authority, Water Utility Revenue Bonds, Citizens Energy Group Project, First Lien Series 2014A, 2.950%, 10/01/22 (ETM) | 7/22 at 100.00 | AA- (4) | 8,178,771 | ||
1,470 | Indiana Housing and Community Development Authority, Single Family Mortgage Revenue Bonds, Series 2021A, 2.050%, 7/01/41 | 7/30 at 100.00 | Aaa | 1,450,934 | ||
11,640 | Indiana Housing and Community Development Authority, Single Family Mortgage Revenue Bonds, Social PAC Series 2021B, 2.125%, 7/01/41 | 7/30 at 100.00 | Aaa | 11,352,958 | ||
Indiana Municipal Power Agency, Power Supply System Revenue Bonds, Series 2013A: | ||||||
2,900 | 5.250%, 1/01/33 (Pre-refunded 7/01/23) | 7/23 at 100.00 | A+ (4) | 3,152,329 | ||
2,505 | 5.250%, 1/01/34 (Pre-refunded 7/01/23) | 7/23 at 100.00 | A+ (4) | 2,722,960 | ||
Indianapolis Local Public Improvement Bond Bank, Indiana, Airport Authority Project Revenue Bonds, Refunding Series 2019D: | ||||||
9,005 | 5.000%, 1/01/25 (AMT) | No Opt. Call | A1 | 10,285,061 | ||
4,170 | 5.000%, 1/01/26 (AMT) | No Opt. Call | A1 | 4,915,054 | ||
11,165 | 5.000%, 1/01/28 (AMT) | No Opt. Call | A1 | 13,813,115 | ||
5,000 | 5.000%, 1/01/29 (AMT) | No Opt. Call | A1 | 6,289,500 | ||
5,000 | Indianapolis Local Public Improvement Bond Bank, Indiana, Waterworks Project, Series 2007B, 5.250%, 7/01/23 – NPFG Insured | No Opt. Call | AA | 5,421,150 | ||
Indianapolis, Indiana, Gas Utility Distribution System Revenue Bonds, Refunding 2nd Lien Series 2013A: | ||||||
7,900 | 5.250%, 8/15/28 | 8/23 at 100.00 | AA | 8,604,917 | ||
10,000 | 5.250%, 8/15/29 | 8/23 at 100.00 | AA | 10,895,300 | ||
Indianapolis, Indiana, Gas Utility Distribution System Revenue Bonds, Refunding 2nd Lien Series 2017A: | ||||||
12,520 | 5.000%, 8/15/26 | No Opt. Call | AA | 15,181,627 | ||
6,695 | 5.000%, 8/15/27 | No Opt. Call | AA | 8,331,258 | ||
Indianapolis, Indiana, Thermal Energy System Revenue Bonds, Refunding First Lien Series 2014A: | ||||||
515 | 5.000%, 10/01/27 | 10/24 at 100.00 | A+ | 581,564 | ||
720 | 5.000%, 10/01/28 | 10/24 at 100.00 | A+ | 812,779 | ||
1,000 | 5.000%, 10/01/29 | 10/24 at 100.00 | A+ | 1,129,430 | ||
1,360 | 5.000%, 10/01/31 | 10/24 at 100.00 | A+ | 1,535,250 | ||
1,215 | 5.000%, 10/01/33 | 10/24 at 100.00 | A+ | 1,371,249 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Indiana (continued) | ||||||
Knox County, Indiana, Economic Development Revenue and Refunding Bonds, Good Samaritan Hospital Project, Series 2012A: | ||||||
$ 940 | 5.000%, 4/01/22 | No Opt. Call | Baa3 | $960,144 | ||
2,015 | 5.000%, 4/01/24 | 4/22 at 100.00 | Baa3 | 2,056,670 | ||
Lake County Building Corporation, Indiana, First Mortgage Bonds, Series 2012: | ||||||
500 | 5.000%, 2/01/22 | No Opt. Call | N/R | 504,865 | ||
500 | 5.000%, 8/01/22 | 2/22 at 100.00 | N/R | 504,780 | ||
500 | 5.000%, 8/01/23 | 2/22 at 100.00 | N/R | 504,555 | ||
500 | 5.000%, 2/01/24 | 2/22 at 100.00 | N/R | 504,150 | ||
33,040 | Richmond Hospital Authority, Indiana, Revenue Bonds, Reid Hospital Project, Refunding Series 2018B, 5.000%, 1/01/36 | 1/27 at 100.00 | A- | 37,214,273 | ||
Southwest Allen Multi School Building Corporation, Allen County, Indiana, First Mortgage Bonds, Series 2020: | ||||||
675 | 4.000%, 7/15/24 | No Opt. Call | AA+ | 742,878 | ||
560 | 4.000%, 1/15/25 | No Opt. Call | AA+ | 624,781 | ||
270 | Southwind Housing Inc, Evansville, Indiana, First Mortgage Revenue Bonds, Series 1978A, 7.125%, 11/15/21 (ETM) | 11/21 at 100.00 | N/R (4) | 272,117 | ||
Vanderburgh County,Indiana, Redevelopment District Tax Increment Revenue bonds, Refunding Series 2014: | ||||||
1,040 | 5.000%, 2/01/25 | 8/24 at 100.00 | A | 1,172,038 | ||
1,000 | 5.000%, 2/01/26 | 8/24 at 100.00 | A | 1,124,040 | ||
1,805 | 5.000%, 2/01/27 | 8/24 at 100.00 | A | 2,023,459 | ||
1,800 | 5.000%, 2/01/29 | 8/24 at 100.00 | A | 2,017,116 | ||
2,700 | 5.000%, 2/01/31 | 8/24 at 100.00 | A | 3,024,729 | ||
24,415 | Whiting, Indiana, Environmental Facilities Refunding Revenue Bonds, BP Products North America Inc Project, Refunidng Series 2019A, 5.000%, 12/01/44 (Mandatory Put 6/05/26) (AMT) | No Opt. Call | A2 | 29,204,490 | ||
25,005 | Whiting, Indiana, Environmental Facilities Revenue Bonds, BP Products North America Inc Project, Series 2015, 5.000%, 11/01/45 (Mandatory Put 11/01/22) (AMT) | No Opt. Call | A2 | 26,248,499 | ||
20,625 | Whiting, Indiana, Environmental Facilities Revenue Bonds, BP Products North America Inc Project, Series 2016A, 5.000%, 3/01/46 (Mandatory Put 3/01/23) (AMT) | No Opt. Call | A2 | 21,958,819 | ||
294,590 | Total Indiana | 330,011,041 | ||||
Iowa – 1.0% | ||||||
Des Moines, Iowa, General Obligation Bonds, Refunding Capital Loan Notes Series 2021A: | ||||||
1,865 | 5.000%, 6/01/27 | No Opt. Call | AA+ | 2,306,240 | ||
3,770 | 5.000%, 6/01/29 | No Opt. Call | AA+ | 4,879,436 | ||
Des Moines, Iowa, General Obligation Bonds, Series 2021F: | ||||||
4,835 | 5.000%, 6/01/26 | No Opt. Call | AA+ | 5,817,279 | ||
3,900 | 5.000%, 6/01/27 | No Opt. Call | AA+ | 4,822,701 | ||
10,020 | Iowa Finance Authority, Health Facilities Revenue Bonds, UnityPoint Health Project, Series 2013A, 5.250%, 2/15/44 (Pre-refunded 2/15/23) | 2/23 at 100.00 | AA- (4) | 10,710,177 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Iowa (continued) | ||||||
Iowa Finance Authority, Healthcare Revenue Bonds, Genesis Health System, Series 2013A: | ||||||
$ 8,670 | 5.000%, 7/01/27 (Pre-refunded 7/01/23) | 7/23 at 100.00 | A1 (4) | $9,386,749 | ||
6,840 | 5.000%, 7/01/28 (Pre-refunded 7/01/23) | 7/23 at 100.00 | A1 (4) | 7,405,463 | ||
2,510 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Refunding Series 2019, 3.125%, 12/01/22 | 10/21 at 103.00 | BB- | 2,549,357 | ||
2,015 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2013, 5.250%, 12/01/25 | 12/23 at 100.00 | BB- | 2,181,117 | ||
6,445 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2018A, 5.250%, 12/01/50 (Mandatory Put 12/01/33) | 12/22 at 103.00 | BB- | 6,914,518 | ||
2,000 | Iowa Finance Authority, Single Family Mortgage Revenue Bonds, Series 2019D, 2.600%, 7/01/37 | 1/29 at 100.00 | AAA | 2,046,700 | ||
Iowa Finance Authority, Single Family Mortgage Revenue Bonds, Series 2020A: | ||||||
5,000 | 2.700%, 1/01/40 | 7/29 at 100.00 | AAA | 5,233,350 | ||
13,670 | 3.750%, 1/01/50 | 7/29 at 100.00 | AAA | 15,040,827 | ||
7,400 | Iowa Finance Authority, Single Family Mortgage Revenue Bonds, Social Series 2021B, 2.200%, 7/01/41 | 7/30 at 100.00 | AAA | 7,305,280 | ||
2,250 | Iowa Finance Authority, Single Family Mortgage Revenue Bonds, Social Series 2021D, 2.100%, 7/01/38 | 1/31 at 100.00 | AAA | 2,190,397 | ||
Iowa Tobacco Settlement Authority, Tobacco Settlement Asset-Backed Bonds, Senior Class 1 Series 2021A-2: | ||||||
800 | 5.000%, 6/01/28 | No Opt. Call | A | 1,002,464 | ||
925 | 5.000%, 6/01/29 | No Opt. Call | A | 1,184,490 | ||
900 | 5.000%, 6/01/30 | No Opt. Call | A | 1,173,546 | ||
905 | 5.000%, 6/01/31 | No Opt. Call | A | 1,201,225 | ||
910 | 5.000%, 6/01/32 | 6/31 at 100.00 | A- | 1,200,144 | ||
4,885 | Iowa Tobacco Settlement Authority, Tobacco Settlement Asset-Backed Bonds, Senior Lien Series Class 2 Series 2021B-1, 4.000%, 6/01/49 | 6/31 at 100.00 | BBB | 5,559,570 | ||
2,785 | University of Iowa Facilities Corporation, Revenue Bonds, Refunding Series 2021, 5.000%, 6/01/25 | No Opt. Call | Aa1 | 3,244,191 | ||
93,300 | Total Iowa | 103,355,221 | ||||
Kansas – 0.9% | ||||||
14,655 | Burlington, Kansas, Environmental Improvement Revenue Bonds, Kansas City Power and Light Company Project, Refunding Series 1993A, 2.950%, 12/01/23 | 4/23 at 101.00 | A+ | 15,324,733 | ||
11,000 | Burlington, Kansas, Environmental Improvement Revenue Bonds, Kansas City Power and Light Company Project, Refunding Series 1993B, 2.950%, 12/01/23 | 4/23 at 101.00 | A+ | 11,501,050 | ||
37,980 | Kansas Development Finance Authority, Hospital Revenue Bonds, Advent Health Obligated Group, Series 2021B, 5.000%, 11/15/54 (Mandatory Put 11/15/28) | No Opt. Call | AA | 48,094,454 | ||
10,170 | Wichita, Kansas, Hospital Facilities Revenue Refunding and Improvement Bonds, Via Christi Health System Inc, Series 2011A-IV, 5.000%, 11/15/29 (Pre-refunded 11/15/21) | 11/21 at 100.00 | N/R (4) | 10,225,528 | ||
5,265 | Wyandotte County/Kansas City Unified Government, Kansas, Utility System Revenue Bonds, Improvement Series 2012B, 5.000%, 9/01/37 (Pre-refunded 9/01/22) | 9/22 at 100.00 | A (4) | 5,495,660 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Kansas (continued) | ||||||
Wyandotte County/Kansas City Unified Government, Kansas, Utility System Revenue Bonds, Refunding & Improvement Series 2014A: | ||||||
$ 660 | 5.000%, 9/01/22 | No Opt. Call | A | $687,720 | ||
1,505 | 5.000%, 9/01/23 | No Opt. Call | A | 1,635,574 | ||
81,235 | Total Kansas | 92,964,719 | ||||
Kentucky – 1.5% | ||||||
Ashland, Kentucky, Medical Center Revenue Bonds, Ashland Hospital Corporation d/b/a King's Daughters Medical Center Project, Refunding Series 2019: | ||||||
450 | 4.000%, 2/01/33 | 2/30 at 100.00 | BBB+ | 515,655 | ||
500 | 4.000%, 2/01/34 | 2/30 at 100.00 | BBB+ | 571,090 | ||
180 | 4.000%, 2/01/35 | 2/30 at 100.00 | BBB+ | 205,034 | ||
1,110 | 4.000%, 2/01/36 | 2/30 at 100.00 | BBB+ | 1,259,539 | ||
8,935 | Carroll County, Kentucky, Environmental Facilities Revenue Bonds, Kentucky Utilities Company Project, Series 2008A, 2.000%, 2/01/32 (AMT) | 6/31 at 100.00 | A1 | 9,150,155 | ||
3,200 | Kentucky Economic Development Finance Authority, Hospital Revenue Bonds, Owensboro Health, Refunding Series 2017A, 5.000%, 6/01/37 | 6/27 at 100.00 | Baa2 | 3,739,360 | ||
1,880 | Kentucky Economic Development Finance Authority, Hospital Revenue Bonds, Owensboro Medical Health System, Series 2015A, 4.500%, 6/01/46 | 6/25 at 100.00 | Baa2 | 2,022,372 | ||
10 | Kentucky Economic Development Finance Authority, Revenue Bonds, Catholic Health Initiatives, Refunding Series 2009B, 2.700%, 5/01/39 (Mandatory Put 11/10/21) | No Opt. Call | BBB+ | 10,023 | ||
Louisville Regional Airport Authority, Kentucky, Airport System Revenue Bonds, Refunding Series 2014A: | ||||||
1,320 | 5.000%, 7/01/26 (AMT) | 7/24 at 100.00 | A+ | 1,475,443 | ||
3,280 | 5.000%, 7/01/28 (AMT) | 7/24 at 100.00 | A+ | 3,666,253 | ||
Louisville/Jefferson County Metro Government, Kentucky, Revenue Bonds, Catholic Health Initiatives, Series 2012A: | ||||||
5,000 | 5.000%, 12/01/27 (Pre-refunded 6/01/22) | 6/22 at 100.00 | BBB+ (4) | 5,157,100 | ||
10,175 | 5.000%, 12/01/35 (Pre-refunded 6/01/22) | 6/22 at 100.00 | N/R (4) | 10,494,699 | ||
3,810 | 5.000%, 12/01/35 (Pre-refunded 6/01/22) | 6/22 at 100.00 | BBB+ (4) | 3,929,710 | ||
5,000 | Louisville-Jefferson County Metropolitan Government, Kentucky, Pollution Control Revenue Bonds, Louisville Gas and Electric Company Project, Series 2003A, 2.000%, 10/01/33 | 4/31 at 100.00 | A1 | 5,012,050 | ||
Murray, Kentucky, Hospital Facilities Revenue Bonds, Murray-Calloway County Public Hospital Corporation Project, Refunding Series 2016: | ||||||
1,005 | 5.000%, 8/01/25 | No Opt. Call | Ba2 | 1,131,439 | ||
1,060 | 5.000%, 8/01/26 | No Opt. Call | Ba2 | 1,216,212 | ||
1,110 | 5.000%, 8/01/27 | 8/26 at 100.00 | Ba2 | 1,267,442 | ||
1,165 | 5.000%, 8/01/28 | 8/26 at 100.00 | Ba2 | 1,322,450 | ||
1,230 | 5.000%, 8/01/29 | 8/26 at 100.00 | Ba2 | 1,386,345 | ||
2,935 | 5.000%, 8/01/37 | 8/26 at 100.00 | Ba2 | 3,230,173 | ||
15,000 | Owen County, Kentucky, Waterworks System Revenue Bonds, Kentucky-American Water Company Project, Refunding Series 2019A, 2.450%, 6/01/39 (Mandatory Put 10/01/29) | No Opt. Call | A | 15,934,650 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Kentucky (continued) | ||||||
$ 17,040 | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2018A, 4.000%, 4/01/48 (Mandatory Put 4/01/24) | 1/24 at 100.37 | A2 | $18,416,151 | ||
24,355 | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2018B, 4.000%, 1/01/49 (Mandatory Put 1/01/25) | 10/24 at 100.24 | A2 | 26,831,417 | ||
11,025 | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2018C-1, 4.000%, 12/01/49 (Mandatory Put 6/01/25) | 3/25 at 100.19 | A1 | 12,282,512 | ||
10,280 | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2019C-1, 4.000%, 2/01/50 (Mandatory Put 2/01/28) | 11/27 at 100.47 | A1 | 12,030,581 | ||
4,750 | Trimble County, Kentucky, Pollution Control Revenue Bonds, Louisville Gas and Electric Company Project, Series 2016A, 1.300%, 9/01/44 (Mandatory Put 9/01/27) (AMT) | No Opt. Call | A1 | 4,742,828 | ||
University of Kentucky, General Receipts Bonds, Refunding Series 2018A: | ||||||
6,945 | 3.000%, 10/01/34 | 4/26 at 100.00 | AA | 7,362,533 | ||
5,000 | 3.125%, 10/01/37 | 4/26 at 100.00 | AA | 5,293,800 | ||
1,475 | Warren County, Kentucky, Hospital Revenue Bonds, Bowling Green-Warren County Community Hospital Corporation, Refunding Series 2021A, 5.000%, 4/01/29 | No Opt. Call | AA- | 1,868,176 | ||
149,225 | Total Kentucky | 161,525,192 | ||||
Louisiana – 2.4% | ||||||
Calcasieu Parish Memorial Hospital Service District, Louisiana, Revenue Bonds, Lake Charles Memorial Hospital, Refunding Series 2019: | ||||||
14,510 | 5.000%, 12/01/34 | 12/29 at 100.00 | BB | 17,455,095 | ||
9,250 | 5.000%, 12/01/39 | 12/29 at 100.00 | BB | 10,972,535 | ||
East Baton Rouge Sewerage Commission, Louisiana, Revenue Bonds, Refunding Series 2014B: | ||||||
980 | 5.000%, 2/01/23 | No Opt. Call | AA- | 1,041,358 | ||
565 | 5.000%, 2/01/24 | No Opt. Call | AA- | 625,466 | ||
805 | 5.000%, 2/01/25 | No Opt. Call | AA- | 924,003 | ||
475 | Louisiana Citizens Property Insurance Corporation, Assessment Revenue Bonds, Refunding Series 2012, 5.000%, 6/01/24 – AGM Insured (Pre-refunded 6/01/22) | 6/22 at 100.00 | AA (4) | 490,086 | ||
Louisiana Citizens Property Insurance Corporation, Assessment Revenue Bonds, Refunding Series 2016A: | ||||||
17,490 | 5.000%, 6/01/25 | No Opt. Call | A1 | 20,071,174 | ||
16,740 | 5.000%, 6/01/26 | No Opt. Call | A1 | 19,751,693 | ||
Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, East Baton Rouge Sewerage Commission Projects, Subordinate Lien Series 2014A: | ||||||
2,280 | 5.000%, 2/01/28 (Pre-refunded 2/01/24) | 2/24 at 100.00 | A+ (4) | 2,529,774 | ||
2,850 | 5.000%, 2/01/29 (Pre-refunded 2/01/24) | 2/24 at 100.00 | A+ (4) | 3,162,217 | ||
2,000 | 5.000%, 2/01/30 (Pre-refunded 2/01/24) | 2/24 at 100.00 | A+ (4) | 2,219,100 | ||
19,050 | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Westlake Chemical Corporation Projects, Refunding Series 2017, 3.500%, 11/01/32 | 11/27 at 100.00 | BBB | 21,020,913 | ||
5,430 | Louisiana Offshore Terminal Authority, Deepwater Port Revenue Bonds, Loop LLC Project, Series 2007A, 1.650%, 9/01/27 (Mandatory Put 12/01/23) | No Opt. Call | A3 | 5,500,699 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Louisiana (continued) | ||||||
$ 5,250 | Louisiana Offshore Terminal Authority, Deepwater Port Revenue Bonds, Loop LLC Project, Series 2013C, 1.650%, 9/01/34 (Mandatory Put 12/01/23) | No Opt. Call | A3 | $5,318,355 | ||
Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Ochsner Clinic Foundation Project, Refunding Series 2017: | ||||||
1,290 | 5.000%, 5/15/28 | 5/27 at 100.00 | A | 1,576,677 | ||
1,000 | 5.000%, 5/15/29 | 5/27 at 100.00 | A | 1,215,150 | ||
1,155 | 5.000%, 5/15/30 | 5/27 at 100.00 | A | 1,395,875 | ||
1,750 | 5.000%, 5/15/31 | 5/27 at 100.00 | A | 2,106,702 | ||
3,210 | 5.000%, 5/15/42 | 5/27 at 100.00 | A | 3,784,590 | ||
1,000 | Louisiana Public Facilities Authority, Revenue Bonds, Archdiocese of New Orleans, Refunding Series 2017, 5.000%, 7/01/37 (6) | 7/27 at 100.00 | Caa1 | 960,000 | ||
Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project, Refunding Series 2016: | ||||||
25 | 5.000%, 5/15/30 (Pre-refunded 5/15/26) | 5/26 at 100.00 | N/R (4) | 29,747 | ||
1,055 | 5.000%, 5/15/30 | 5/26 at 100.00 | A | 1,239,456 | ||
35 | 5.000%, 5/15/32 (Pre-refunded 5/15/26) | 5/26 at 100.00 | N/R (4) | 41,645 | ||
3,410 | 5.000%, 5/15/32 | 5/26 at 100.00 | A | 3,984,790 | ||
40 | 5.000%, 5/15/33 (Pre-refunded 5/15/26) | 5/26 at 100.00 | N/R (4) | 47,594 | ||
3,660 | 5.000%, 5/15/33 | 5/26 at 100.00 | A | 4,268,951 | ||
2,980 | Louisiana Stadium and Exposition District, Revenue Bonds, Bond Anticipation Notes Series 2020, 5.000%, 7/03/23 | 1/23 at 100.00 | BBB+ | 3,147,208 | ||
Louisiana Stadium and Exposition District, Revenue Refunding Bonds, Senior Lien Series 2013A: | ||||||
1,075 | 5.000%, 7/01/22 | No Opt. Call | A2 | 1,112,507 | ||
3,130 | 5.000%, 7/01/29 | 7/23 at 100.00 | A2 | 3,372,888 | ||
1,050 | 5.000%, 7/01/30 | 7/23 at 100.00 | A2 | 1,131,512 | ||
4,010 | 5.000%, 7/01/31 | 7/23 at 100.00 | A2 | 4,320,414 | ||
3,835 | 5.000%, 7/01/32 | 7/23 at 100.00 | A2 | 4,130,640 | ||
15,000 | Louisiana State, Gasoline and Fuels Tax Revenue Bonds, Refunding Series 2012A-1, 4.000%, 5/01/31 | 5/22 at 100.00 | Aa2 | 15,316,950 | ||
8,225 | Louisiana State, General Obligation Bonds, Series 2021A, 5.000%, 3/01/26 | No Opt. Call | Aa3 | 9,809,382 | ||
Louisiana State, Unclaimed Property Special Revenue Bonds, Interstate 49 North Project, Series 2013: | ||||||
1,165 | 5.000%, 9/01/29 (Pre-refunded 9/01/23) | 9/23 at 100.00 | A+ (4) | 1,271,679 | ||
5,075 | 5.000%, 9/01/31 (Pre-refunded 9/01/23) | 9/23 at 100.00 | A+ (4) | 5,539,718 | ||
4,000 | 5.000%, 9/01/32 (Pre-refunded 9/01/23) | 9/23 at 100.00 | A+ (4) | 4,366,280 | ||
New Orleans, Louisiana, General Obligation Bonds, Public Improvement Series 2021A: | ||||||
5,195 | 5.000%, 12/01/26 | No Opt. Call | A+ | 6,308,860 | ||
2,730 | 5.000%, 12/01/27 | No Opt. Call | A+ | 3,391,261 | ||
6,015 | 5.000%, 12/01/29 | No Opt. Call | A+ | 7,767,891 | ||
5,400 | New Orleans, Louisiana, General Obligation Bonds, Refunding Series 2012, 5.000%, 12/01/21 | No Opt. Call | A+ | 5,441,310 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Louisiana (continued) | ||||||
New Orleans, Louisiana, General Obligation Bonds, Refunding Series 2015: | ||||||
$ 1,000 | 5.000%, 12/01/22 | No Opt. Call | A+ | $1,055,440 | ||
870 | 5.000%, 12/01/23 | No Opt. Call | A+ | 958,731 | ||
1,020 | 5.000%, 12/01/24 | No Opt. Call | A+ | 1,167,268 | ||
480 | 5.000%, 12/01/25 | No Opt. Call | A+ | 567,384 | ||
795 | 5.000%, 12/01/27 | 12/25 at 100.00 | A+ | 933,704 | ||
New Orleans, Louisiana, Sewerage Service Revenue Bonds, Refunding Series 2014: | ||||||
250 | 5.000%, 6/01/24 | No Opt. Call | A | 278,955 | ||
605 | 5.000%, 6/01/25 | 6/24 at 100.00 | A | 677,134 | ||
500 | 5.000%, 6/01/26 (Pre-refunded 6/01/24) | 6/24 at 100.00 | A (4) | 561,175 | ||
615 | 5.000%, 6/01/27 (Pre-refunded 6/01/24) | 6/24 at 100.00 | A (4) | 690,245 | ||
380 | 5.000%, 6/01/28 (Pre-refunded 6/01/24) | 6/24 at 100.00 | A (4) | 426,493 | ||
600 | 5.000%, 6/01/29 (Pre-refunded 6/01/24) | 6/24 at 100.00 | A (4) | 673,410 | ||
New Orleans, Louisiana, Sewerage Service Revenue Bonds, Series 2015: | ||||||
410 | 5.000%, 6/01/30 (Pre-refunded 6/01/25) | 6/25 at 100.00 | A (4) | 476,797 | ||
775 | 5.000%, 6/01/32 (Pre-refunded 6/01/25) | 6/25 at 100.00 | A (4) | 901,263 | ||
1,000 | 5.000%, 6/01/33 (Pre-refunded 6/01/25) | 6/25 at 100.00 | A (4) | 1,162,920 | ||
1,065 | 5.000%, 6/01/35 (Pre-refunded 6/01/25) | 6/25 at 100.00 | A (4) | 1,238,510 | ||
500 | Port New Orleans Board of Commissioners, Louisiana, Revenue Bonds, Port Facilities, Refunding Series 2013B, 5.000%, 4/01/30 (Pre-refunded 4/01/23) (AMT) | 4/23 at 100.00 | A (4) | 533,470 | ||
6,620 | Saint Charles Parish, Louisiana, Gulf Opportunity Zone Revenue Bonds, Valero Project, Series 2010, 4.000%, 12/01/40 (Mandatory Put 6/01/22) | No Opt. Call | BBB | 6,774,180 | ||
3,265 | Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, LP Project, Series 2010B, 6.100%, 12/01/40 (Mandatory Put 6/01/30), 144A | No Opt. Call | BB- | 4,254,752 | ||
3,405 | Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, LP Project, Series 2011, 5.850%, 8/01/41 (Mandatory Put 6/01/25), 144A | No Opt. Call | BB- | 3,867,705 | ||
Shreveport, Louisiana, Water and Sewer Revenue Bonds, Junior Lien Series 2019B: | ||||||
630 | 3.000%, 12/01/22 – AGM Insured | No Opt. Call | AA | 648,717 | ||
760 | 5.000%, 12/01/26 – AGM Insured | No Opt. Call | AA | 920,383 | ||
1,465 | 5.000%, 12/01/29 – AGM Insured | 12/28 at 100.00 | AA | 1,849,885 | ||
1,000 | 5.000%, 12/01/30 – AGM Insured | 12/28 at 100.00 | AA | 1,258,900 | ||
975 | 5.000%, 12/01/31 – AGM Insured | 12/28 at 100.00 | AA | 1,226,043 | ||
1,150 | 5.000%, 12/01/32 – AGM Insured | 12/28 at 100.00 | AA | 1,445,815 | ||
1,630 | 4.000%, 12/01/33 – AGM Insured | 12/28 at 100.00 | AA | 1,875,755 | ||
5,980 | 3.000%, 12/01/35 – AGM Insured | 12/28 at 100.00 | AA | 6,436,154 | ||
2,075 | 4.000%, 12/01/36 – AGM Insured | 12/28 at 100.00 | AA | 2,370,023 | ||
565 | 4.000%, 12/01/44 – AGM Insured | 12/28 at 100.00 | AA | 634,523 | ||
224,575 | Total Louisiana | 254,027,879 | ||||
Maine – 0.5% | ||||||
1,100 | Maine Health and Higher Educational Facilities Authority Revenue Bonds, Eastern Maine Medical Center Obligated Group Issue, Series 2013, 5.000%, 7/01/43 (Pre-refunded 7/01/23) | 7/23 at 100.00 | BBB (4) | 1,189,936 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Maine (continued) | ||||||
Maine Health and Higher Educational Facilities Authority Revenue Bonds, Eastern Maine Medical Center Obligated Group Issue, Series 2016A: | ||||||
$ 4,220 | 4.000%, 7/01/41 | 7/26 at 100.00 | BBB | $4,613,726 | ||
5,660 | 4.000%, 7/01/46 | 7/26 at 100.00 | BBB | 6,148,741 | ||
Maine Health and Higher Educational Facilities Authority, Revenue Bonds, MaineHealth Issue, Series 2020A: | ||||||
1,175 | 4.000%, 7/01/37 | 7/30 at 100.00 | A+ | 1,380,237 | ||
1,500 | 4.000%, 7/01/38 | 7/30 at 100.00 | A+ | 1,757,670 | ||
2,000 | 4.000%, 7/01/39 | 7/30 at 100.00 | A+ | 2,337,520 | ||
1,590 | 4.000%, 7/01/40 | 7/30 at 100.00 | A+ | 1,854,258 | ||
Maine Health and Higher Educational Facilities Authority, Revenue Bonds, Series 2021A: | ||||||
200 | 5.000%, 7/01/26 – AGM Insured | No Opt. Call | AA | 240,292 | ||
150 | 5.000%, 7/01/27 – AGM Insured | No Opt. Call | AA | 184,749 | ||
225 | 5.000%, 7/01/28 – AGM Insured | No Opt. Call | AA | 283,140 | ||
500 | 2.500%, 7/01/29 – AGM Insured | No Opt. Call | AA | 546,435 | ||
200 | 5.000%, 7/01/30 – AGM Insured | No Opt. Call | AA | 261,418 | ||
10,000 | Maine State Housing Authority, Multifamily Mortgage Purchase Bonds, Series 2020B, 2.350%, 11/15/40 | 11/28 at 100.00 | AA+ | 10,101,500 | ||
3,125 | Maine State Housing Authority, Multifamily Mortgage Purchase Bonds, Series 2021A, 2.050%, 11/15/41 | 5/30 at 100.00 | AA+ | 2,965,344 | ||
6,280 | Maine State Housing Authority, Single Family Mortgage Purchase Bonds, Series 2020D, 2.550%, 11/15/40 | 5/29 at 100.00 | AA+ | 6,413,324 | ||
3,250 | Maine State Housing Authority, Single Family Mortgage Purchase Bonds, Series 2021B, 2.200%, 11/15/41 | 5/30 at 100.00 | AA+ | 3,182,043 | ||
10,675 | Maine State Housing Authority, Single Family Mortgage Purchase Bonds, Social Series 2021C, 2.150%, 11/15/41 | 11/30 at 100.00 | AA+ | 10,134,738 | ||
1,000 | Maine State, General Obligation Bonds, Series 2021B, 5.000%, 6/01/28 | No Opt. Call | AA | 1,268,580 | ||
290 | Portland, Maine, General Airport Revenue Bonds, Refunding Series 2013, 5.000%, 7/01/22 | No Opt. Call | BBB+ | 299,785 | ||
53,140 | Total Maine | 55,163,436 | ||||
Maryland – 1.9% | ||||||
Baltimore County, Maryland, Revenue Bonds, Oak Crest Village, Series 2016: | ||||||
1,270 | 3.250%, 1/01/31 | 1/26 at 100.00 | A | 1,379,652 | ||
3,365 | 5.000%, 1/01/37 | 1/26 at 100.00 | A | 3,869,817 | ||
Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017: | ||||||
1,760 | 5.000%, 9/01/27 | No Opt. Call | CCC | 1,902,683 | ||
2,780 | 5.000%, 9/01/29 | 9/27 at 100.00 | CCC | 2,993,532 | ||
1,000 | 5.000%, 9/01/30 | 9/27 at 100.00 | CCC | 1,074,770 | ||
1,365 | 5.000%, 9/01/31 | 9/27 at 100.00 | CCC | 1,465,177 | ||
145 | 5.000%, 9/01/34 | 9/27 at 100.00 | CCC | 154,809 | ||
1,500 | 5.000%, 9/01/39 | 9/27 at 100.00 | CCC | 1,588,245 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Maryland (continued) | ||||||
Baltimore, Maryland, Revenue Bonds, Water Projects, Series 2013A: | ||||||
$ 1,000 | 5.000%, 7/01/26 (Pre-refunded 1/01/24) | 1/24 at 100.00 | Aa2 (4) | $1,105,630 | ||
1,715 | 5.000%, 7/01/27 (Pre-refunded 1/01/24) | 1/24 at 100.00 | Aa2 (4) | 1,896,155 | ||
1,460 | Maryland Community Development Administration Department of Housing and Community Development, Residential Revenue Bonds, Series 2019A, 3.750%, 9/01/39 | 3/28 at 100.00 | Aa1 | 1,556,798 | ||
22,420 | Maryland Community Development Administration Department of Housing and Community Development, Residential Revenue Bonds, Series 2019C, 3.000%, 9/01/39 | 3/29 at 100.00 | Aa1 | 23,536,516 | ||
10,275 | Maryland Community Development Administration Department of Housing and Community Development, Residential Revenue Bonds, Series 2020A, 2.500%, 9/01/40 | 3/29 at 100.00 | Aa1 | 10,403,643 | ||
12,300 | Maryland Community Development Administration Department of Housing and Community Development, Residential Revenue Bonds, Series 2021A, 1.950%, 9/01/41 | 3/30 at 100.00 | Aa1 | 11,576,145 | ||
13,245 | Maryland Community Development Administration Department of Housing and Community Development, Residential Revenue Bonds, Series 2021B, 2.100%, 9/01/41 | 3/30 at 100.00 | Aa1 | 12,863,544 | ||
5,810 | Maryland Department of Transportation, Consolidated Transportation Revenue Bonds, Second Series 2017, 5.000%, 9/01/28 | 9/27 at 100.00 | AAA | 7,191,269 | ||
12,500 | Maryland Economic Development Corporation, Pollution Control Revenue Bonds, Potomac Electric Power Company, Refunding Series 2019, 1.700%, 9/01/22 | No Opt. Call | A- | 12,647,875 | ||
13,290 | Maryland Economic Development Corporation, Private Activity Revenue Bonds RSA, Purple Line Light Rail Project, Green Bonds, Series 2016A, 5.000%, 3/31/24 (AMT) | 11/21 at 100.00 | BB- | 13,383,827 | ||
1,000 | Maryland Economic Development Corporation, Student Housing Revenue Bonds, University of Maryland, College Park Project, Refunding Series 2016, 5.000%, 6/01/28 – AGM Insured | 6/26 at 100.00 | AA | 1,179,440 | ||
1,000 | Maryland Health & Higher Educational Facilities Authority, 4.000%, 1/01/39 (WI/DD, Settling 10/13/21) | 1/32 at 100.00 | BBB | 1,151,440 | ||
6,315 | Maryland Health and HIgher Educational Facilities Authority, Revenue Bonds, University of Maryland Medical Systems, Series 2020B-2, 5.000%, 7/01/45 (Mandatory Put 7/01/27) | 1/27 at 100.00 | A | 7,603,260 | ||
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Mercy Medical Center, Series 2016A: | ||||||
800 | 5.000%, 7/01/32 | 7/26 at 100.00 | BBB+ | 939,864 | ||
2,250 | 5.000%, 7/01/33 | 7/26 at 100.00 | BBB+ | 2,638,283 | ||
1,650 | 5.000%, 7/01/34 | 7/26 at 100.00 | BBB+ | 1,930,154 | ||
2,000 | 5.000%, 7/01/35 | 7/26 at 100.00 | BBB+ | 2,334,680 | ||
1,570 | 5.000%, 7/01/36 | 7/26 at 100.00 | BBB+ | 1,828,501 | ||
7,825 | Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Western Maryland Health, Series 2014, 5.250%, 7/01/25 (Pre-refunded 7/01/24) | 7/24 at 100.00 | N/R (4) | 8,865,569 | ||
9,805 | Maryland State, General Obligation Bonds, State and Local Facilities Loan, First Series 2016, 4.000%, 6/01/27 | 6/24 at 100.00 | AAA | 10,733,337 | ||
12,150 | Maryland State, General Obligation Bonds, State and Local Facilities Loan, Second Series 2020A-2, 5.000%, 8/01/28 | No Opt. Call | AAA | 15,455,408 | ||
19,100 | Montgomery County, Maryland, General Obligation Bonds, Refunding Consolidated Public Improvement Series 2017C, 5.000%, 10/01/26 | No Opt. Call | AAA | 23,226,173 | ||
5,215 | Montgomery County, Maryland, General Obligation Bonds, Refunding Consolidated Public Improvement Series 2020B, 4.000%, 11/01/28 | No Opt. Call | AAA | 6,315,417 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Maryland (continued) | ||||||
$ 1,125 | Washington Suburban Sanitary District, Montgomery and Prince George's Counties, Maryland, General Obligation Bonds, Consolidated Public Improvement, Green Second Series 2020, 5.000%, 12/01/25 | No Opt. Call | AAA | $1,333,890 | ||
6,115 | Washington Suburban Sanitary District, Montgomery and Prince George's Counties, Maryland, General Obligation Bonds, Consolidated Public Improvement, Series 2020, 5.000%, 12/01/26 | No Opt. Call | AAA | 7,471,246 | ||
185,120 | Total Maryland | 203,596,749 | ||||
Massachusetts – 1.2% | ||||||
2,000 | Massachusetts Bay Transportation Authority, Sales Tax Revenue Bonds, Subordinated Series 2021A-1, 5.000%, 7/01/25 | No Opt. Call | AA | 2,336,180 | ||
Massachusetts Development Finance Agency Revenue Bonds, Lawrence General Hospital Issue, Series 2014A: | ||||||
835 | 5.000%, 7/01/26 | 7/24 at 100.00 | B- | 844,093 | ||
680 | 5.000%, 7/01/27 | 7/24 at 100.00 | B- | 686,528 | ||
925 | 5.000%, 7/01/28 | 7/24 at 100.00 | B- | 931,512 | ||
960 | 5.000%, 7/01/29 | 7/24 at 100.00 | B- | 964,310 | ||
4,800 | Massachusetts Development Finance Agency Revenue Refunding Bonds, NewBridge on the Charles, Inc Issue, Series 2017, 4.000%, 10/01/32, 144A | 10/22 at 105.00 | BB+ | 5,165,184 | ||
2,370 | Massachusetts Development Finance Agency, Health Care Facility Revenue Bonds, Adventcare Project, Series 2007A, 0.000%, 10/15/28 (6) | 11/21 at 100.00 | N/R | 1,066,500 | ||
14,455 | Massachusetts Development Finance Agency, Revenue Bonds, Atrius Health Issue, Series 2019A, 5.000%, 6/01/39 | 6/29 at 100.00 | BBB | 17,604,744 | ||
1,550 | Massachusetts Development Finance Agency, Revenue Bonds, Boston Medical Center Issue, Series 2016E, 3.375%, 7/01/36 | 7/26 at 100.00 | BBB | 1,644,581 | ||
Massachusetts Development Finance Agency, Revenue Bonds, CareGroup Issue, Series 2018J-2: | ||||||
2,255 | 5.000%, 7/01/33 | 7/28 at 100.00 | A | 2,772,094 | ||
1,085 | 5.000%, 7/01/38 | 7/28 at 100.00 | A | 1,318,959 | ||
Massachusetts Development Finance Agency, Revenue Bonds, Milford Regional Medical Center Issue, Series 2020G: | ||||||
350 | 5.000%, 7/15/31, 144A | 7/30 at 100.00 | BB+ | 436,999 | ||
415 | 5.000%, 7/15/32, 144A | 7/30 at 100.00 | BB+ | 516,389 | ||
320 | 5.000%, 7/15/33, 144A | 7/30 at 100.00 | BB+ | 396,874 | ||
300 | 5.000%, 7/15/34, 144A | 7/30 at 100.00 | BB+ | 370,836 | ||
270 | 5.000%, 7/15/35, 144A | 7/30 at 100.00 | BB+ | 333,072 | ||
135 | 5.000%, 7/15/36, 144A | 7/30 at 100.00 | BB+ | 166,015 | ||
145 | 5.000%, 7/15/37, 144A | 7/30 at 100.00 | BB+ | 177,790 | ||
Massachusetts Development Finance Agency, Revenue Bonds, Simmons University Issue, Series 2018L: | ||||||
1,080 | 5.000%, 10/01/30 | 10/28 at 100.00 | BBB+ | 1,328,195 | ||
1,240 | 5.000%, 10/01/31 | 10/28 at 100.00 | BBB+ | 1,517,462 | ||
1,765 | 5.000%, 10/01/32 | 10/28 at 100.00 | BBB+ | 2,151,764 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Massachusetts (continued) | ||||||
Massachusetts Development Finance Agency, Revenue Bonds, Southcoast Health System Obligated Group Issue, Series 2021G: | ||||||
$ 580 | 5.000%, 7/01/35 | 7/31 at 100.00 | A- | $753,287 | ||
545 | 5.000%, 7/01/36 | 7/31 at 100.00 | A- | 705,344 | ||
615 | 5.000%, 7/01/37 | 7/31 at 100.00 | A- | 793,381 | ||
4,250 | Massachusetts Development Finance Agency, Revenue Bonds, UMass Memorial Health Care Obligated Group Issue, Series 2017L, 3.625%, 7/01/37 | 7/27 at 100.00 | A- | 4,570,492 | ||
4,235 | Massachusetts Development Finance Agency, Revenue Bonds, Wellforce Issue, Series 2019A, 4.000%, 7/01/37 | 1/29 at 100.00 | BBB+ | 4,794,571 | ||
1,200 | Massachusetts Development Finance Agency, Revenue Bonds, Williams College, Series 2011N, 0.450%, 7/01/41 (Mandatory Put 7/01/25) | 1/25 at 100.00 | AA+ | 1,194,984 | ||
1,420 | Massachusetts Housing Finance Agency, Housing Bonds, Series 2019B-1, 3.000%, 12/01/39 | 12/28 at 100.00 | AA | 1,498,143 | ||
2,875 | Massachusetts Housing Finance Agency, Housing Bonds, Sustainability Green Series 2021A-1, 2.125%, 12/01/41 | 6/30 at 100.00 | AA | 2,825,809 | ||
3,000 | Massachusetts Housing Finance Agency, Housing Bonds, Sustainability Series 2019C-1, 2.900%, 12/01/39 | 12/28 at 100.00 | AA | 3,165,690 | ||
7,570 | Massachusetts Housing Finance Agency, Single Family Housing Revenue Bonds, Series 2019-214, 2.800%, 12/01/39 | 6/29 at 100.00 | AA+ | 7,923,368 | ||
2,330 | Massachusetts Housing Finance Agency, Single Family Housing Revenue Bonds, Series 2020-218, 2.300%, 12/01/40 | 12/29 at 100.00 | AA+ | 2,330,839 | ||
4,930 | Massachusetts Housing Finance Agency, Single Family Housing Revenue Bonds, Social Series 2020-220, 2.125%, 12/01/40 | 6/30 at 100.00 | AA+ | 4,763,415 | ||
4,935 | Massachusetts Housing Finance Agency, Single Family Housing Revenue Bonds, Social Series 2021-221, 2.200%, 12/01/41 | 6/30 at 100.00 | AA+ | 4,831,612 | ||
8,250 | Massachusetts Housing Finance Agency, Single Family Housing Revenue Bonds, Social Series 2021-222, 2.300%, 12/01/41 | 6/30 at 100.00 | AA+ | 8,040,120 | ||
26,700 | Massachusetts State, General Obligation Bonds, Refunding Series 2020A, 5.000%, 6/01/44 (Mandatory Put 6/01/23) | No Opt. Call | Aa1 | 28,816,776 | ||
6,890 | Massachusetts State, Transportation Fund Revenue Bonds, Rail Enhancement Program, Series 2014A, 5.000%, 6/01/44 | 6/24 at 100.00 | AA+ | 7,707,498 | ||
118,260 | Total Massachusetts | 127,445,410 | ||||
Michigan – 2.4% | ||||||
Detroit Downtown Development Authority, Michigan, Tax Increment Bonds, Development Area 1 Projects, Refunding Series 1996B: | ||||||
3,050 | 0.000%, 7/01/22 | No Opt. Call | BB+ | 2,996,930 | ||
2,650 | 0.000%, 7/01/23 | No Opt. Call | BB+ | 2,532,976 | ||
2,880 | 0.000%, 7/01/24 | No Opt. Call | BB+ | 2,665,699 | ||
430 | Marquettte, Michigan, Electric Utility System Revenue Bonds, Refunding Series 2016A, 5.000%, 7/01/30 | 7/26 at 100.00 | AA- | 512,840 | ||
21,000 | Michigan Finance Authority, Hospital Revenue Bonds, Bronson Healthcare Group, Inc, Series 2019C, 3.750%, 11/15/49 (Mandatory Put 5/15/26) | No Opt. Call | A2 | 23,701,020 | ||
10,750 | Michigan Finance Authority, Hospital Revenue Bonds, McLaren Health Care, Refunding Series 2015D-1, 1.200%, 10/15/30 (Mandatory Put 4/13/28) | No Opt. Call | AA- | 10,751,827 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Michigan (continued) | ||||||
$ 16,800 | Michigan Finance Authority, Hospital Revenue Bonds, McLaren Health Care, Refunding Series 2015D-2, 1.200%, 10/15/38 (Mandatory Put 4/13/28) | No Opt. Call | AA- | $16,802,856 | ||
4,900 | Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Water & Sewerage Department Sewage Disposal System Local Project, Second Lien Series 2015C, 5.000%, 7/01/34 | 7/25 at 100.00 | A+ | 5,650,582 | ||
8,850 | Michigan Finance Authority, Revenue Bonds, Ascension Senior Credit Group, Refunding Series 2016E-1, 4.000%, 11/15/44 (Mandatory Put 8/15/24) | No Opt. Call | AA+ | 9,772,612 | ||
Michigan Finance Authority, Tobacco Settlement Asset- Backed Bonds, 2007 Sold Tobacco Receipts, Series 2020A-CL-1: | ||||||
1,800 | 5.000%, 6/01/31 | 12/30 at 100.00 | A | 2,347,920 | ||
1,500 | 5.000%, 6/01/32 | 12/30 at 100.00 | A- | 1,949,385 | ||
2,435 | 4.000%, 6/01/34 | 12/30 at 100.00 | A- | 2,912,625 | ||
1,000 | 4.000%, 6/01/35 | 12/30 at 100.00 | A- | 1,192,410 | ||
395 | Michigan Finance Authority, Tobacco Settlement Asset- Backed Bonds, 2007 Sold Tobacco Receipts, Series 2020B-1-CL2, 1.250%, 6/01/30 | No Opt. Call | A | 396,616 | ||
2,450 | Michigan Housing Development Authority, Rental Housing Revenue Bonds, Series 2018A, 3.800%, 10/01/38 | 10/27 at 100.00 | AA | 2,671,602 | ||
8,730 | Michigan Housing Development Authority, Rental Housing Revenue Bonds, Series 2021A, 2.250%, 10/01/41 | 10/30 at 100.00 | AA | 8,549,202 | ||
4,000 | Michigan Housing Development Authority, Single Family Mortgage Revenue Bonds, Fixed Rate Series 2018C, 3.650%, 12/01/39 | 6/28 at 100.00 | AA+ | 4,276,440 | ||
13,000 | Michigan Housing Development Authority, Single Family Mortgage Revenue Bonds, Series 2019B, 2.950%, 12/01/39 | 12/28 at 100.00 | AA+ | 13,628,420 | ||
25,205 | Michigan Housing Development Authority, Single Family Mortgage Revenue Bonds, Series 2020C, 2.600%, 12/01/40 | 6/30 at 100.00 | AA+ | 25,805,383 | ||
9,620 | Michigan Housing Development Authority, Single Family Mortgage Revenue Bonds, Social Series 2021A, 2.150%, 12/01/41 | 12/30 at 100.00 | AA+ | 9,266,080 | ||
Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2020-I: | ||||||
1,750 | 4.000%, 10/15/24 | No Opt. Call | Aa2 | 1,944,285 | ||
5,000 | 5.000%, 10/15/27 | No Opt. Call | Aa2 | 6,235,050 | ||
22,850 | Michigan Strategic Fund, Limited Obligation Pollution Control Revenue Refunding Bonds, Detroit Edison Company, Variable Rate Demand Obligations, Series 1995CC, 1.450%, 9/01/30 | No Opt. Call | Aa3 | 22,521,645 | ||
21,550 | Michigan Strategic Fund, Limited Obligation Revenue Bonds, Detroit Edison Company Exempt Facilities Project, Refunding Variable Rate Series 2008ET-2, 1.350%, 8/01/29 | No Opt. Call | Aa3 | 21,550,000 | ||
2,255 | Michigan Strategic Fund, Limited Obligation Revenue Bonds, Graphic Packaging International, LLC Coated Recycled Board Machine Project, Green Series 2021, 4.000%, 10/01/61 (Mandatory Put 10/01/26) (AMT) | No Opt. Call | BB | 2,506,771 | ||
2,295 | Michigan Strategic Fund, Revenue Bonds, Waste Management Inc, Series 2001, 0.580%, 8/01/27 (Mandatory Put 8/01/24) (AMT) | No Opt. Call | A- | 2,286,027 | ||
4,750 | Romulus Community Schools, Wayne County, Michigan, General Obligation Bonds, Refunding Series 2013, 5.000%, 5/01/22 | No Opt. Call | Aa1 | 4,878,725 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Michigan (continued) | ||||||
Royal Oak Hospital Finance Authority, Michigan, Hospital Revenue Bonds, William Beaumont Hospital Obligated Group, Refunding Series 2014D: | ||||||
$ 1,000 | 5.000%, 9/01/26 | 3/24 at 100.00 | A+ | $1,110,910 | ||
2,000 | 5.000%, 9/01/27 | 3/24 at 100.00 | A+ | 2,220,800 | ||
2,555 | 5.000%, 9/01/28 | 3/24 at 100.00 | A+ | 2,835,769 | ||
3,770 | 5.000%, 9/01/29 | 3/24 at 100.00 | A+ | 4,182,363 | ||
5,000 | 5.000%, 9/01/30 | 3/24 at 100.00 | A+ | 5,544,350 | ||
2,270 | 5.000%, 9/01/31 | 3/24 at 100.00 | A+ | 2,515,977 | ||
Wayne County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Wayne County Airport, Refunding Series 2015F: | ||||||
3,765 | 5.000%, 12/01/32 (AMT) | 12/25 at 100.00 | A1 | 4,394,621 | ||
5,295 | 5.000%, 12/01/33 (AMT) | 12/25 at 100.00 | A1 | 6,173,388 | ||
5,000 | 5.000%, 12/01/34 (AMT) | 12/25 at 100.00 | A1 | 5,822,750 | ||
13,065 | Wayne County Airport Authority, Michigan, Revenue Bonds, Refunding Series 2017E, 4.000%, 12/01/26, 144A (AMT) | No Opt. Call | A1 | 15,120,386 | ||
245,615 | Total Michigan | 260,227,242 | ||||
Minnesota – 0.8% | ||||||
Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A: | ||||||
885 | 5.000%, 2/15/33 | 2/28 at 100.00 | A- | 1,071,496 | ||
1,085 | 5.000%, 2/15/37 | 2/28 at 100.00 | A- | 1,300,904 | ||
8,390 | 4.250%, 2/15/43 | 2/28 at 100.00 | A- | 9,536,074 | ||
55 | 4.250%, 2/15/48 | 2/28 at 100.00 | A- | 62,147 | ||
4,930 | Hennepin County, Minnesota, General Obligation Bonds, Refunding Series 2020B, 5.000%, 12/01/25 | No Opt. Call | AAA | 5,845,402 | ||
Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2014A: | ||||||
2,610 | 5.000%, 1/01/25 | 1/24 at 100.00 | A+ | 2,882,275 | ||
2,005 | 5.000%, 1/01/32 | 1/24 at 100.00 | A+ | 2,205,139 | ||
5,882 | Minnesota Housing Finance Agency, Homeownership Finance Bonds, Mortgage-Backed Securities Program, Series 2017E, 2.850%, 6/01/47 | 7/26 at 100.00 | Aaa | 6,139,687 | ||
Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020B: | ||||||
7,315 | 2.625%, 1/01/40 | 7/29 at 100.00 | AA+ | 7,608,990 | ||
10,160 | 3.500%, 7/01/50 | 7/29 at 100.00 | AA+ | 11,115,345 | ||
6,240 | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020E, 2.500%, 7/01/40 | 7/29 at 100.00 | AA+ | 6,352,445 | ||
4,910 | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020I, 2.000%, 7/01/40 | 1/30 at 100.00 | AA+ | 4,763,535 | ||
4,400 | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2021D, 2.200%, 7/01/41 | 7/30 at 100.00 | AA+ | 4,350,632 | ||
3,030 | Minnesota State, General Obligation Bonds, Various Purpose Series 2015A, 5.000%, 8/01/22 | No Opt. Call | AAA | 3,152,139 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Minnesota (continued) | ||||||
$ 425 | Northern Municipal Power Agency, Minnesota, Electric System Revenue Bonds, Series 2013A, 4.000%, 1/01/28 | 1/23 at 100.00 | A- | $441,588 | ||
1,150 | Rochester, Minnesota, Health Care Facilities Revenue Bonds, Olmsted Medical Center Project, Series 2013, 5.000%, 7/01/33 (Pre-refunded 7/01/23) | 7/23 at 100.00 | N/R (4) | 1,244,024 | ||
2,090 | Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Refunding Series 2014B, 5.000%, 5/01/23 | No Opt. Call | AA- | 2,243,385 | ||
6,580 | Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2018B, 3.500%, 2/01/39 | 2/27 at 100.00 | AAA | 7,157,395 | ||
White Bear Lake Independent School District 624, Ramsey County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2021A: | ||||||
3,785 | 2.000%, 2/01/28 | 2/27 at 100.00 | AAA | 3,986,324 | ||
4,105 | 2.000%, 2/01/29 | 2/27 at 100.00 | AAA | 4,282,254 | ||
4,135 | 2.000%, 2/01/30 | 2/27 at 100.00 | AAA | 4,278,733 | ||
84,167 | Total Minnesota | 90,019,913 | ||||
Mississippi – 0.4% | ||||||
6,570 | Mississippi Business Finance Corporation, Pollution Control Revenue, Mississippi Power, Series 2002, 3.200%, 9/01/28 | 3/24 at 100.00 | A- | 6,863,547 | ||
8,190 | Mississippi Business Finance Corporation, Revenue Bonds, Mississippi Power Company Project, First Series 2010, 2.750%, 12/01/40 (Mandatory Put 12/09/21) | No Opt. Call | A- | 8,222,924 | ||
5,085 | Mississippi Business Finance Corporation, Revenue Bonds, System Energy Resources, Inc Project, Refunding Series 2019, 2.500%, 4/01/22 | 11/21 at 100.00 | BBB+ | 5,113,425 | ||
Mississippi Home Corporation, Single Family Mortgage Revenue Bonds, Series 2020A: | ||||||
2,490 | 2.450%, 12/01/39 | 6/29 at 100.00 | Aaa | 2,548,515 | ||
4,265 | 3.750%, 6/01/49 | 6/29 at 100.00 | Aaa | 4,672,521 | ||
1,470 | Mississippi Home Corporation, Single Family Mortgage Revenue Bonds, Series 2021A, 2.000%, 12/01/40 | 6/30 at 100.00 | Aaa | 1,425,371 | ||
2,000 | Mississippi State, Gaming Tax Revenue Bonds, Series 2019A, 4.000%, 10/15/38 | 10/28 at 100.00 | A+ | 2,284,880 | ||
8,870 | Mississippi State, General Obligation Bonds, Series 2013B, 5.000%, 12/01/28 (Pre-refunded 12/01/23) | 12/23 at 100.00 | AA (4) | 9,782,368 | ||
38,940 | Total Mississippi | 40,913,551 | ||||
Missouri – 0.6% | ||||||
1,250 | Cape Girardeau County Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Southeasthealth, Series 2016A, 6.000%, 3/01/33 | 3/23 at 103.00 | BBB- | 1,365,800 | ||
1,100 | Great Rivers Greenway Metropolitan Park & Recreation District, Missouri, Sales Tax Appropriation Bonds, Gateway Arch Project, Series 2014, 3.000%, 12/30/24 | 12/23 at 100.00 | A+ | 1,156,914 | ||
10,375 | Missouri Environmental Improvement and Energy Resources Authority, Revenue Bonds, Union Electric Company Project, Refunding Series 1998A, 2.900%, 9/01/33 | 7/27 at 102.00 | A | 11,135,799 | ||
12,000 | Missouri Environmental Improvement and Energy Resources Authority, Revenue Bonds, Union Electric Company Project, Series 1998B, 2.900%, 9/01/33 | 7/27 at 102.00 | A | 12,882,000 | ||
15,060 | Missouri Environmental Improvement and Energy Resources Authority, Revenue Bonds, Union Electric Company Project, Series 1998C, 2.750%, 9/01/33 | 6/27 at 102.00 | A | 15,995,678 | ||
1,465 | Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Saint Louis College of Pharmacy, Series 2013, 5.250%, 5/01/33 | 5/23 at 100.00 | BBB | 1,556,724 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Missouri (continued) | ||||||
$ 220 | Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Saint Louis College of Pharmacy, Series 2015B, 4.000%, 5/01/32 | 11/23 at 100.00 | BBB | $230,828 | ||
1,390 | Missouri Health and Educational Facilities Authority, Revenue Bonds, AT Still University of Health Sciences, Series 2014, 4.250%, 10/01/32 (Pre-refunded 10/01/23) | 10/23 at 100.00 | A- (4) | 1,501,839 | ||
2,515 | Missouri Housing Development Commission, Single Family Mortgage Revenue Bonds, First Place Homeownership Loan Program, Series 2019C, 2.750%, 11/01/39 | 5/29 at 100.00 | AA+ | 2,649,527 | ||
1,675 | Missouri Housing Development Commission, Single Family Mortgage Revenue Bonds, First Place Homeownership Loan Program, Series 2020A, 2.550%, 11/01/40 | 5/29 at 100.00 | AA+ | 1,716,289 | ||
1,130 | Missouri Housing Development Commission, Single Family Mortgage Revenue Bonds, First Place Homeownership Loan Program, Series 2021A, 2.150%, 11/01/41 | 5/30 at 100.00 | AA+ | 1,124,361 | ||
4,440 | Missouri Housing Development Commission, Single Family Mortgage Revenue Bonds, First Place Homeownership Loan Program, Series 2021B, 2.000%, 11/01/41 | 5/30 at 100.00 | AA+ | 4,219,332 | ||
Missouri Joint Municipal Electric Utility Commission, Power Project Revenue Bonds, Iatan 2 Project, Refunding Series 2014A: | ||||||
1,365 | 5.000%, 1/01/25 | 1/24 at 100.00 | A2 | 1,504,721 | ||
2,580 | 5.000%, 1/01/26 | 1/24 at 100.00 | A2 | 2,841,767 | ||
1,010 | 5.000%, 1/01/32 | 1/24 at 100.00 | A2 | 1,109,879 | ||
4,150 | Missouri Joint Municipal Electric Utility Commission, Power Project Revenue Bonds, Plum Point Project, Refunding Series 2014A, 5.000%, 1/01/23 | No Opt. Call | A | 4,392,651 | ||
1,100 | Stoddard County Industrial Development Authority, Missouri, Health Facility Revenue Bonds, Southeasthealth, Series 2016B, 6.000%, 3/01/37 | 3/23 at 103.00 | BBB- | 1,199,077 | ||
62,825 | Total Missouri | 66,583,186 | ||||
Montana – 0.6% | ||||||
1,500 | Cascade County High School District A Great Falls, Montana, General Obligation Bonds, School Buidling Series 2018, 5.000%, 7/01/38 | 7/28 at 100.00 | A+ | 1,810,680 | ||
20,700 | Forsyth, Montana Pollution Control Revenue Bonds, Portland General Electric Company Project, Refunding Series 1998A, 2.125%, 5/01/33 | 3/30 at 102.00 | A1 | 21,371,094 | ||
35,095 | Forsyth, Rosebud County, Montana, Pollution Control Revenue Refunding Bonds, Northwestern Corporation Colstrip Project, Series 2016, 2.000%, 8/01/23 | No Opt. Call | A | 35,994,485 | ||
1,000 | Gallatin County School District 44 Belgrade, Montana, General Obligation Bonds, School Building Series 2019, 4.000%, 6/01/33 | 6/29 at 100.00 | A+ | 1,165,510 | ||
1,120 | Montana Board of Housing, Single Family Mortgage Bonds, Series 2021A-1, 2.000%, 12/01/41 | 6/30 at 100.00 | AA+ | 1,078,213 | ||
1,725 | Montana Board of Housing, Single Family Mortgage Bonds, Series 2021B, 2.000%, 12/01/41 | 12/30 at 100.00 | AA+ | 1,638,974 | ||
550 | Montana Facility Finance Authority, Montana, Health Facilities Reveue Bonds, Bozeman Deaconess Health Services Obligated Group, Series 2018, 3.250%, 6/01/32 | 6/28 at 100.00 | A | 610,676 | ||
61,690 | Total Montana | 63,669,632 | ||||
Nebraska – 1.1% | ||||||
5,000 | Central Plains Energy Project, Nebraska, Gas Project 4 Revenue Bonds, Series 2018A, 5.000%, 3/01/50 (Mandatory Put 1/01/24) | 10/23 at 100.43 | A2 | 5,462,200 | ||
3,000 | Central Plains Energy Project, Nebraska, Gas Supply Revenue Bonds, Refunding Series 2019, 4.000%, 12/01/49 (Mandatory Put 8/01/25) | 5/25 at 100.50 | Aa2 | 3,365,340 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Nebraska (continued) | ||||||
Douglas County Hospital Authority 2, Nebraska, Hospital Revenue Bonds, Madonna Rehabilitation Hospital Project, Series 2014: | ||||||
$ 2,025 | 5.000%, 5/15/28 | 5/24 at 100.00 | A- | $2,227,500 | ||
9,350 | 5.000%, 5/15/44 | 5/24 at 100.00 | A- | 10,168,686 | ||
680 | Douglas County School District 10 Elkhorn, Nebraska, General Obligation Bonds, Public Schools Series 2012, 4.000%, 6/15/23 (Pre-refunded 6/15/22) | 6/22 at 100.00 | AA- (4) | 698,380 | ||
370 | Douglas County School District 10 Elkhorn, Nebraska, General Obligation Bonds, Public Schools Series 2015, 5.000%, 12/15/22 | No Opt. Call | AA- | 391,515 | ||
5,910 | Lincoln County Hospital Authority 1, Nebraska, Hospital Revenue and Refunding Bonds, Great Plains Regional Medical Center Project, Series 2012, 5.000%, 11/01/32 (Pre-refunded 11/01/21) | 11/21 at 100.00 | N/R (4) | 5,931,217 | ||
Madison County Hospital Authority 1, Nebraska, Hospital Revenue Bonds, Faith Regional Health Services Project, Series 2018: | ||||||
540 | 5.000%, 7/01/23 | No Opt. Call | BBB | 581,278 | ||
1,250 | 5.000%, 7/01/24 | No Opt. Call | BBB | 1,396,837 | ||
530 | 5.000%, 7/01/25 | No Opt. Call | BBB | 611,821 | ||
750 | 5.000%, 7/01/26 | 7/25 at 100.00 | BBB | 863,610 | ||
200 | 5.000%, 7/01/27 | 7/25 at 100.00 | BBB | 229,730 | ||
835 | 5.000%, 7/01/28 | 7/25 at 100.00 | BBB | 957,236 | ||
485 | 5.000%, 7/01/29 | 7/25 at 100.00 | BBB | 552,260 | ||
1,000 | 5.000%, 7/01/30 | 7/25 at 100.00 | BBB | 1,134,440 | ||
180 | 5.000%, 7/01/33 | 7/25 at 100.00 | BBB | 203,040 | ||
Nebraska Investment Finance Authority, Single Family Housing Revenue Bonds, Series 2019D: | ||||||
70 | 2.600%, 9/01/34 | 3/29 at 100.00 | AA+ | 72,421 | ||
7,205 | 2.850%, 9/01/39 | 3/29 at 100.00 | AA+ | 7,490,534 | ||
10,000 | Nebraska Investment Finance Authority, Single Family Housing Revenue Bonds, Series 2020A, 2.550%, 9/01/40 | 3/29 at 100.00 | AA+ | 10,276,000 | ||
870 | Nebraska Investment Finance Authority, Single Family Housing Revenue Bonds, Series 2021A, 1.950%, 9/01/37 | 3/30 at 100.00 | AA+ | 857,246 | ||
17,770 | Nebraska Investment Finance Authority, Single Family Housing Revenue Bonds, Series 2021C, 2.300%, 9/01/41 | 9/30 at 100.00 | AA+ | 17,349,739 | ||
Nebraska Public Power District, General Revenue Bonds, Series 2012A: | ||||||
1,485 | 5.000%, 1/01/23 (Pre-refunded 1/01/22) | 1/22 at 100.00 | A+ (4) | 1,502,389 | ||
1,010 | 5.000%, 1/01/24 (Pre-refunded 1/01/22) | 1/22 at 100.00 | N/R (4) | 1,021,827 | ||
575 | 5.000%, 1/01/24 | 1/22 at 100.00 | A+ | 581,733 | ||
615 | 5.000%, 1/01/25 (Pre-refunded 1/01/22) | 1/22 at 100.00 | N/R (4) | 622,202 | ||
380 | 5.000%, 1/01/25 | 1/22 at 100.00 | A+ | 384,450 | ||
1,380 | Papillion-LaVista School District 27, Sarpy County, Nebraska, General Obligation Bonds, Refunding Series 2020B, 4.000%, 12/01/26 | No Opt. Call | Aa2 | 1,606,210 | ||
645 | Papillion-LaVista School District 27, Sarpy County, Nebraska, General Obligation Bonds, Series 2014, 5.000%, 12/01/22 (ETM) | No Opt. Call | Aa2 (4) | 681,262 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Nebraska (continued) | ||||||
$ 8,000 | Public Power Generation Agency, Nebraska, Whelan Energy Center Unit 2 Revenue Bonds, Refunding Series 2016A, 5.000%, 1/01/32 | 7/26 at 100.00 | A2 | $9,488,560 | ||
Sarpy County School District 037 Gretna Public Schools, Nebraska, General Obligation Bonds, Refunding Series 2019: | ||||||
1,195 | 5.000%, 6/15/26 | No Opt. Call | AA- | 1,436,342 | ||
1,380 | 5.000%, 6/15/28 | No Opt. Call | AA- | 1,745,038 | ||
1,475 | 5.000%, 6/15/29 | No Opt. Call | AA- | 1,904,269 | ||
1,760 | 4.000%, 6/15/33 | 6/29 at 100.00 | AA- | 2,087,307 | ||
2,240 | Sarpy County, Nebraska, Limited Tax Highway Allocation Fund Pledge Bonds, Series 2021, 2.000%, 6/01/27 | 6/26 at 100.00 | Aaa | 2,357,354 | ||
6,505 | Saunders County School District 1, Ashland-Greenwood, Nebraska, General Obligation Bonds, Series 2021, 2.000%, 12/15/50 | 12/30 at 100.00 | A+ | 5,759,202 | ||
Scotts Bluff County Hospital Authority 1, Nebraska, Hospital Revenue Bonds, Regional West Medical Center Project, Refunding & Improvement Series 2016A: | ||||||
3,660 | 5.250%, 2/01/28 | 2/27 at 100.00 | BB+ | 4,142,681 | ||
1,355 | 5.250%, 2/01/29 | 2/27 at 100.00 | BB+ | 1,521,584 | ||
6,015 | Southeast Community College Area, Nebraska, Certificates of Participation, Series 2018, 3.375%, 12/15/37 | 6/28 at 100.00 | Aa1 | 6,570,906 | ||
107,695 | Total Nebraska | 114,234,346 | ||||
Nevada – 1.8% | ||||||
Clark County, Nevada, Airport Revenue Bonds, Jet Aviation Fuel Tax, Refunding Series 2013A: | ||||||
2,000 | 5.000%, 7/01/22 (AMT) | No Opt. Call | A1 | 2,070,240 | ||
1,050 | 5.000%, 7/01/23 (AMT) | 1/23 at 100.00 | A1 | 1,110,680 | ||
1,905 | 5.000%, 7/01/24 (AMT) | 1/23 at 100.00 | A1 | 2,013,928 | ||
5,275 | Clark County, Nevada, General Obligation Bonds, Refunding Flood Control Series 2014, 4.000%, 11/01/33 (Pre-refunded 11/01/24) | 11/24 at 100.00 | AA+ (4) | 5,871,919 | ||
Clark County, Nevada, Highway Revenue Bonds, Indexed Fuel Tax & Motor Vehicle Fuel Tax Series 2021: | ||||||
3,885 | 5.000%, 7/01/26 | No Opt. Call | AA- | 4,681,775 | ||
4,075 | 5.000%, 7/01/27 | No Opt. Call | AA- | 5,039,593 | ||
4,280 | 5.000%, 7/01/28 | No Opt. Call | AA- | 5,417,795 | ||
10,000 | Clark County, Nevada, Passenger Facility Charge Revenue Bonds, Las Vegas-McCarran International Airport, Refunding Series 2019E, 5.000%, 7/01/23 | No Opt. Call | Aa3 | 10,835,600 | ||
Henderson, Nevada, Limited Obligation Bonds, Local Improvement District T-18 Inspirada, Refunding Series 2016: | ||||||
1,750 | 4.000%, 9/01/32 | 9/26 at 100.00 | N/R | 1,870,768 | ||
2,275 | 4.000%, 9/01/35 | 9/26 at 100.00 | N/R | 2,413,002 | ||
3,585 | Las Vegas Convention and Visitors Authority, Nevada, Revenue Bonds, Refunding Series 2017B, 4.000%, 7/01/34 | 7/27 at 100.00 | Aa3 | 4,026,636 | ||
15,060 | Las Vegas Valley Water District, Nevada, General Obligation Bonds, Limited Tax Refunding Series 2021C, 5.000%, 6/01/27 | No Opt. Call | Aa1 | 18,623,045 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Nevada (continued) | ||||||
Las Vegas Valley Water District, Nevada, General Obligation Bonds, Limited Tax Refunding Water Series 2021A: | ||||||
$ 14,350 | 5.000%, 6/01/26 | No Opt. Call | Aa1 | $17,258,028 | ||
21,185 | 5.000%, 6/01/27 | No Opt. Call | Aa1 | 26,197,159 | ||
12,860 | 5.000%, 6/01/28 | No Opt. Call | Aa1 | 16,266,485 | ||
13,505 | 5.000%, 6/01/29 | No Opt. Call | Aa1 | 17,467,772 | ||
1,660 | Las Vegas Valley Water District, Nevada, General Obligation Bonds, Limited Tax Refunding Water Series 2021B, 5.000%, 6/01/25 | No Opt. Call | Aa1 | 1,934,348 | ||
Las Vegas Valley Water District, Nevada, General Obligation Bonds, Water Series 2012B: | ||||||
2,125 | 5.000%, 6/01/24 | 6/22 at 100.00 | Aa1 | 2,192,745 | ||
1,545 | 5.000%, 6/01/25 | 6/22 at 100.00 | Aa1 | 1,594,255 | ||
2,000 | 5.000%, 6/01/26 | 6/22 at 100.00 | Aa1 | 2,063,760 | ||
265 | Las Vegas, Nevada, Local Improvement Bonds, Special Improvement District 607 Providence, Refunding Series 2013, 5.000%, 6/01/22 | No Opt. Call | N/R | 271,675 | ||
2,860 | Nevada Housing Division, Single Family Housing Mortgage Revenue Bonds, Refunding Series 2021A, 2.200%, 10/01/41 | 10/30 at 100.00 | AA+ | 2,782,608 | ||
4,720 | Nevada State, General Obligation Bonds, Capital Improvement & Cultural Affairs, Refunding Series 2012B, 5.000%, 8/01/22 | No Opt. Call | AA+ | 4,909,461 | ||
11,515 | Nevada State, General Obligation Bonds, Capital Improvement & Cultural Affairs, Refunding Series 2013D-1, 5.000%, 3/01/22 | No Opt. Call | AA+ | 11,744,609 | ||
3,165 | Sparks, Nevada, Sales Tax Revenue Bonds, Tourism Improvement District 1 Legends at Sparks Marina, Refunding Senior Series 2019A, 2.750%, 6/15/28, 144A | No Opt. Call | Ba2 | 3,275,490 | ||
12,615 | Washoe County, Nevada, Gas and Water Facilities Revenue Bonds, Sierra Pacific Power Company, Refunding Series 2016B, 3.000%, 3/01/36 (Mandatory Put 6/01/22) | No Opt. Call | A+ | 12,836,898 | ||
2,600 | Washoe County, Nevada, Water Facilities Revenue Bonds, Sierra Pacific Power Company Project, Refunding Series 2016C, 0.625%, 3/01/36 (Mandatory Put 4/15/22) (AMT) | No Opt. Call | A2 | 2,603,536 | ||
162,110 | Total Nevada | 187,373,810 | ||||
New Hampshire – 0.5% | ||||||
16,991 | National Finance Authority, New Hampshire, Municipal Certificates Series 2020-1 Class A, 4.125%, 1/20/34 | No Opt. Call | BBB | 20,218,509 | ||
16,885 | New Hampshire Business Finance Authority, Pollution Control Revenue Bonds, United Illuminating Company, Refunding Series 2003A, 2.800%, 10/01/33 (Mandatory Put 10/02/23) | No Opt. Call | A | 17,550,438 | ||
980 | New Hampshire Business Finance Authority, Water Facility Revenue Bonds, Pennichuck Water Works Inc Project , Series 2015A, 4.250%, 1/01/36 (Pre-refunded 1/01/26) (AMT) | 1/26 at 100.00 | N/R (4) | 1,124,246 | ||
New Hampshire Health and Education Facilities Authority, Revenue Bonds, Concord Hospital, Series 2021A: | ||||||
1,000 | 4.000%, 10/01/32 | 4/31 at 100.00 | AA- | 1,211,880 | ||
1,000 | 4.000%, 10/01/34 | 4/31 at 100.00 | AA- | 1,192,390 | ||
1,000 | 4.000%, 10/01/38 | 4/31 at 100.00 | AA- | 1,180,520 | ||
1,840 | New Hampshire Health and Education Facilities Authority, Revenue Bonds, Elliot Hospital, Series 2016, 5.000%, 10/01/38 | 10/26 at 100.00 | A- | 2,142,698 | ||
920 | New Hampshire Health and Education Facilities Authority, Revenue Bonds, Southern New Hampshire Medical Center, Series 2016, 3.500%, 10/01/34 | 10/26 at 100.00 | A- | 978,162 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Hampshire (continued) | ||||||
$ 2,835 | New Hampshire State, General Obligation Bonds, Capital Improvement Series 2020C, 5.000%, 12/01/28 | No Opt. Call | Aa1 | $ 3,642,975 | ||
43,451 | Total New Hampshire | 49,241,818 | ||||
New Jersey – 4.6% | ||||||
11,380 | Berkeley Township, New Jersey, General Obligation Bonds, Anticipation Notes, Series 2021B, 1.000%, 8/30/22 | No Opt. Call | N/R | 11,466,602 | ||
Camden County Improvement Authority, New Jersey, Health Care Redevelopment Revenue Bonds, Cooper Health System Obligated Group Issue, Refunding Series 2014A: | ||||||
2,500 | 5.000%, 2/15/30 | 2/24 at 100.00 | BBB+ | 2,730,150 | ||
1,045 | 5.000%, 2/15/34 | 2/24 at 100.00 | BBB+ | 1,136,511 | ||
Clifton, New Jersey, General Obligation Bonds, Refunding Series 2021: | ||||||
1,150 | 2.000%, 8/15/29 – BAM Insured | 8/28 at 100.00 | AA | 1,184,926 | ||
2,075 | 2.000%, 8/15/30 – BAM Insured | 8/28 at 100.00 | AA | 2,123,389 | ||
2,635 | 2.000%, 8/15/31 – BAM Insured | 8/28 at 100.00 | AA | 2,678,056 | ||
East Brunswick Township, Middlesex County, New Jersey, General Obligation Bonds, Series 2021: | ||||||
1,095 | 2.000%, 2/15/26 | No Opt. Call | Aa1 | 1,161,729 | ||
1,385 | 2.000%, 2/15/27 | No Opt. Call | Aa1 | 1,474,803 | ||
1,350 | 2.000%, 2/15/30 | 2/29 at 100.00 | Aa1 | 1,427,220 | ||
1,370 | Flemington-Raritan Regional School District, Hunterdon County, New Jersey, General Obligation Bonds, Series 2019, 2.375%, 9/01/34 | 9/26 at 100.00 | AA | 1,400,757 | ||
5,795 | Gloucester County Pollution Control Financing Authority, New Jersey, Pollution Control Revenue Bonds, Logan Project, Refunding Series 2014A, 5.000%, 12/01/24 (AMT) | No Opt. Call | BBB- | 6,189,639 | ||
1,585 | Gloucester Township, New Jersey, General Obligation Bonds, Series 2019, 2.250%, 2/01/29 – BAM Insured | No Opt. Call | AA | 1,656,896 | ||
Hudson County Improvement Authority, New Jersey, County Secured Lease Revenue Bonds, Hudson County Courthouse Project, Series 2020: | ||||||
1,010 | 5.000%, 10/01/27 | No Opt. Call | AA | 1,252,228 | ||
1,000 | 5.000%, 10/01/29 | No Opt. Call | AA | 1,296,150 | ||
New Jersey Economic Development Authority, Cigarette Tax Revenue Refunding Bonds, Series 2012: | ||||||
2,635 | 5.000%, 6/15/22 | No Opt. Call | BBB | 2,715,420 | ||
1,100 | 5.000%, 6/15/22 | No Opt. Call | AA | 1,135,706 | ||
7,180 | 5.000%, 6/15/23 | 6/22 at 100.00 | BBB | 7,397,841 | ||
2,990 | 5.000%, 6/15/24 | 6/22 at 100.00 | BBB | 3,079,760 | ||
7,615 | 5.000%, 6/15/25 | 6/22 at 100.00 | BBB | 7,840,785 | ||
5,000 | 5.000%, 6/15/26 | 6/22 at 100.00 | BBB | 5,146,700 | ||
1,030 | 4.250%, 6/15/27 | 6/22 at 100.00 | BBB | 1,053,978 | ||
4,625 | 5.000%, 6/15/28 | 6/22 at 100.00 | BBB | 4,758,801 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey (continued) | ||||||
New Jersey Economic Development Authority, New Jersey, Transit Transportation Project Revenue Bonds, Series 2020A: | ||||||
$ 4,115 | 5.000%, 11/01/32 | 11/29 at 100.00 | Baa1 | $5,185,394 | ||
6,265 | 4.000%, 11/01/37 | 11/29 at 100.00 | Baa1 | 7,227,429 | ||
2,750 | 4.000%, 11/01/38 | 11/29 at 100.00 | Baa1 | 3,163,050 | ||
New Jersey Economic Development Authority, Private Activity Bonds, The Goethals Bridge Replacement Project, Series 2013: | ||||||
1,350 | 5.000%, 1/01/28 (AMT) | 1/24 at 100.00 | A2 | 1,485,554 | ||
2,345 | 5.000%, 1/01/31 – AGM Insured (AMT) | 1/24 at 100.00 | AA | 2,589,912 | ||
6,455 | New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge, Refunding Series 2017A, 3.375%, 7/01/30 | 7/27 at 100.00 | Baa3 | 6,831,649 | ||
25,000 | New Jersey Economic Development Authority, School Facilities Construction Bonds, Refunding Series 2015XX, 5.000%, 6/15/27 | 6/25 at 100.00 | Baa1 | 28,858,500 | ||
New Jersey Economic Development Authority, School Facilities Construction Bonds, Social Series 2021QQQ: | ||||||
625 | 5.000%, 6/15/26 | No Opt. Call | Baa1 | 746,544 | ||
445 | 5.000%, 6/15/27 | No Opt. Call | Baa1 | 544,324 | ||
410 | 5.000%, 6/15/28 | No Opt. Call | Baa1 | 511,262 | ||
6,000 | New Jersey Economic Development Authority, Special Facility Revenue Bonds, Port Newark Container Terminal LLC Project, Refunding Series 2017, 5.000%, 10/01/47 (AMT) | 10/27 at 100.00 | Baa3 | 6,869,340 | ||
10,375 | New Jersey Economic Development Authority, Water Facilities Revenue Bonds, New Jersey-American Water Company Inc Project, Refunding Series 2019A, 2.200%, 10/01/39 (Mandatory Put 12/03/29) (AMT) | 12/29 at 100.00 | A+ | 10,901,842 | ||
8,505 | New Jersey Economic Development Authority, Water Facilities Revenue Bonds, New Jersey-American Water Company Inc Project, Refunding Series 2020D, 1.100%, 11/01/29 (Mandatory Put 12/01/27) (AMT) | No Opt. Call | A+ | 8,467,153 | ||
820 | New Jersey Health Care Facilities Authority, Revenue Bonds, Atlanticare Health System Obligated Group Issue, Series 2021, 2.375%, 7/01/46 | 7/31 at 100.00 | AA- | 769,619 | ||
2,060 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Barnabas Health, Refunding Series 2014A, 5.000%, 7/01/44 | 7/24 at 100.00 | AA- | 2,309,178 | ||
10,220 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, RWJ Barnabas Health Obligated Group, Term Series 2019B-3, 5.000%, 7/01/45 (Mandatory Put 7/01/26) | 4/26 at 100.83 | AA- | 12,241,414 | ||
1,000 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph's Healthcare System Obligated Group Issue, Refunding Series 2016, 5.000%, 7/01/35 | 7/26 at 100.00 | BBB- | 1,166,340 | ||
1,110 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Virtua Health, Refunding Series 2013, 5.000%, 7/01/24 | 1/24 at 100.00 | AA- | 1,226,062 | ||
New Jersey Higher Education Student Assistance Authority, Student Loan Revenue Bonds, Senior Lien Series 2017-1A: | ||||||
3,185 | 3.500%, 12/01/29 (AMT) | 12/26 at 100.00 | Aaa | 3,404,415 | ||
8,295 | 3.750%, 12/01/31 (AMT) | 12/26 at 100.00 | Aaa | 8,912,729 | ||
8,485 | 4.000%, 12/01/32 (AMT) | 12/26 at 100.00 | Aaa | 9,036,525 | ||
3,545 | 3.750%, 12/01/33 (AMT) | 12/26 at 100.00 | Aaa | 3,775,354 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey (continued) | ||||||
$ 835 | New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Series 2018A, 3.750%, 10/01/35 | 10/27 at 100.00 | AA | $904,330 | ||
New Jersey State, General Obligation Bonds, Covid-19 Emergency Series 2020A: | ||||||
13,020 | 5.000%, 6/01/27 | No Opt. Call | A3 | 15,978,795 | ||
10,190 | 5.000%, 6/01/28 | No Opt. Call | A3 | 12,791,711 | ||
9,325 | 5.000%, 6/01/29 | No Opt. Call | A3 | 11,942,621 | ||
1,485 | 4.000%, 6/01/32 | No Opt. Call | A3 | 1,845,706 | ||
1,805 | New Jersey State, General Obligation Bonds, Various Purpose Series 2020, 2.250%, 6/01/35 | 12/27 at 100.00 | A3 | 1,802,292 | ||
New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement Revenue Notes, Series 2018A: | ||||||
6,145 | 5.000%, 6/15/24 | No Opt. Call | A+ | 6,896,411 | ||
8,375 | 5.000%, 6/15/29 | 6/26 at 100.00 | A+ | 9,881,495 | ||
9,420 | 5.000%, 6/15/30 | 6/26 at 100.00 | A+ | 11,086,963 | ||
10,555 | 5.000%, 6/15/31 | 6/26 at 100.00 | A+ | 12,383,443 | ||
1,460 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Refunding Series 2006C, 0.000%, 12/15/31 – FGIC Insured | No Opt. Call | Baa1 | 1,193,930 | ||
11,330 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2010D, 5.000%, 12/15/23 | No Opt. Call | Baa1 | 12,484,300 | ||
5,875 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2012A, 5.000%, 6/15/42 (Pre-refunded 6/15/22) | 6/22 at 100.00 | Baa1 (4) | 6,070,520 | ||
14,025 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2012AA, 5.000%, 6/15/22 | No Opt. Call | Baa1 | 14,487,264 | ||
900 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2013AA, 5.000%, 6/15/36 | 6/23 at 100.00 | Baa1 | 963,243 | ||
2,500 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2014BB-2, 5.000%, 6/15/34 | 6/31 at 100.00 | Baa1 | 3,238,825 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2015AA: | ||||||
1,860 | 5.250%, 6/15/33 | 6/25 at 100.00 | Baa1 | 2,161,301 | ||
1,890 | 5.250%, 6/15/34 | 6/25 at 100.00 | Baa1 | 2,192,665 | ||
2,000 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2018A, 5.000%, 12/15/23 | No Opt. Call | Baa1 | 2,202,080 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019A: | ||||||
2,500 | 5.000%, 12/15/25 | No Opt. Call | Baa1 | 2,946,050 | ||
5,020 | 5.000%, 12/15/26 | No Opt. Call | Baa1 | 6,075,053 | ||
10,230 | 5.000%, 12/15/33 | 12/29 at 100.00 | Baa1 | 12,893,483 | ||
3,015 | 4.000%, 12/15/39 | 12/29 at 100.00 | Baa1 | 3,466,526 | ||
9,490 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019AA, 3.750%, 6/15/33 | 12/28 at 100.00 | Baa1 | 10,697,982 | ||
6,115 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019BB, 5.000%, 6/15/33 | 12/28 at 100.00 | Baa1 | 7,594,952 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey (continued) | ||||||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2020AA: | ||||||
$ 2,500 | 4.000%, 6/15/35 | 12/30 at 100.00 | Baa1 | $2,952,725 | ||
4,250 | 4.000%, 6/15/36 | 12/30 at 100.00 | Baa1 | 5,001,655 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2021A: | ||||||
3,035 | 5.000%, 6/15/32 | 6/31 at 100.00 | Baa1 | 3,960,523 | ||
2,515 | 5.000%, 6/15/33 | 6/31 at 100.00 | Baa1 | 3,272,443 | ||
26,650 | New Jersey Turnpike Authority, Turnpike Revenue Bonds, Series 2020D, 5.000%, 1/01/28 | No Opt. Call | A+ | 31,751,076 | ||
2,875 | Ocean City, New Jersey, General Obligation Bonds, General Improvement Series 2019, 2.250%, 9/15/33 | 9/26 at 100.00 | AA | 2,984,394 | ||
2,330 | Ocean City, New Jersey, General Obligation Bonds, Refunding General Improvement Series 2016, 1.000%, 11/15/28 | 11/24 at 100.00 | AA | 2,317,581 | ||
3,455 | Salem County Pollution Control Financing Authority, New Jersey, Pollution Control Revenue Bonds, Chambers Project, Refunding Series 2014A, 5.000%, 12/01/23 (AMT) | No Opt. Call | BBB | 3,629,961 | ||
Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018A: | ||||||
6,360 | 5.000%, 6/01/26 | No Opt. Call | A | 7,588,625 | ||
6,650 | 5.000%, 6/01/28 | No Opt. Call | A | 8,355,791 | ||
135 | 5.000%, 6/01/29 | 6/28 at 100.00 | A | 168,515 | ||
3,275 | 5.000%, 6/01/30 | 6/28 at 100.00 | A | 4,061,950 | ||
6,560 | 5.000%, 6/01/31 | 6/28 at 100.00 | A | 8,096,549 | ||
6,195 | 5.000%, 6/01/35 | 6/28 at 100.00 | A- | 7,569,299 | ||
11,265 | 4.000%, 6/01/37 | 6/28 at 100.00 | A- | 12,969,169 | ||
Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B: | ||||||
7,090 | 3.200%, 6/01/27 | No Opt. Call | BBB+ | 7,220,385 | ||
2,770 | 5.000%, 6/01/46 | 6/28 at 100.00 | BB+ | 3,247,797 | ||
2,585 | Toms River Board of Education, Ocean County, New Jersey, General Obligation Bonds, Regional Schools Series 2019, 2.000%, 7/15/26 | No Opt. Call | AA- | 2,718,851 | ||
430,770 | Total New Jersey | 488,580,866 | ||||
New Mexico – 0.6% | ||||||
Central New Mexico Community College, Bernalillo and Sandoval Counties, New Mexico, General Obligation Bonds, Limited Tax Refunding Series 2021B: | ||||||
3,260 | 4.000%, 8/15/24 | No Opt. Call | AA+ | 3,601,811 | ||
3,350 | 4.000%, 8/15/25 | No Opt. Call | AA+ | 3,800,642 | ||
5,355 | Farmington, New Mexico, Pollution Control Revenue Bonds, Public Service Company of New Mexico San Juan and Four Corners Projects, Refunding Series 2016B, 2.150%, 4/01/33 (WI/DD, Settling 10/01/21) | 10/31 at 101.00 | BBB | 5,258,289 | ||
8,560 | Farmington, New Mexico, Pollution Control Revenue Bonds, Public Service Company of New Mexico San Juan Project, Refunding Series 2010E, 1.150%, 6/01/40 (Mandatory Put 6/01/24) | No Opt. Call | BBB | 8,660,152 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Mexico (continued) | ||||||
$ 12,500 | New Mexico Hospital Equipment Loan Council, Hospital Revenue Bonds, Presbyterian Healthcare Services, Series 2019B, 5.000%, 8/01/49 (Mandatory Put 8/01/25) | 5/25 at 100.87 | AA | $14,535,500 | ||
1,485 | New Mexico Mortgage Finance Authority, Single Family Mortgage Program Bonds, Class 1 Series 2018B, 3.750%, 7/01/38 | 7/27 at 100.00 | Aaa | 1,581,094 | ||
4,045 | New Mexico Mortgage Finance Authority, Single Family Mortgage Program Bonds, Class 1 Series 2018C, 3.750%, 7/01/38 | 1/28 at 100.00 | Aaa | 4,393,598 | ||
4,190 | New Mexico Mortgage Finance Authority, Single Family Mortgage Program Bonds, Class 1 Series 2019D, 3.000%, 7/01/39 | 1/29 at 100.00 | Aaa | 4,380,059 | ||
1,910 | New Mexico Mortgage Finance Authority, Single Family Mortgage Program Bonds, Class 1 Series 2019F, 2.850%, 7/01/39 | 1/29 at 100.00 | Aaa | 2,007,601 | ||
2,500 | New Mexico Mortgage Finance Authority, Single Family Mortgage Program Bonds, Class 1 Series 2021A, 2.150%, 7/01/41 | 7/30 at 100.00 | Aaa | 2,409,500 | ||
4,900 | New Mexico Mortgage Finance Authority, Single Family Mortgage Program Bonds, Class 1 Series 2021C, 2.100%, 7/01/41 | 7/30 at 100.00 | Aaa | 4,736,977 | ||
9,055 | New Mexico Municipal Energy Acquisition Authority, Gas Supply Revenue Bonds, Refunding & Aquisition Sub-Series 2019A, 5.000%, 11/01/39 (Mandatory Put 5/01/25) | 2/25 at 100.73 | Aa2 | 10,411,620 | ||
61,110 | Total New Mexico | 65,776,843 | ||||
New York – 7.1% | ||||||
Albany County Airport Authority, New York, Airport Revenue Bonds, Refunding Series 2020B Forward Delivery: | ||||||
1,000 | 5.000%, 12/15/21 (AMT) | No Opt. Call | A- | 1,009,080 | ||
1,000 | 5.000%, 12/15/22 (AMT) | No Opt. Call | A- | 1,054,540 | ||
1,225 | 5.000%, 12/15/23 (AMT) | No Opt. Call | A- | 1,347,819 | ||
1,145 | 5.000%, 12/15/24 (AMT) | No Opt. Call | A- | 1,305,804 | ||
Albany County, New York, General Obligation Bonds, Refunding Forward Delivery Series 2019C: | ||||||
2,225 | 5.000%, 11/01/21 | No Opt. Call | AA | 2,233,099 | ||
1,915 | 5.000%, 11/01/22 | No Opt. Call | AA | 2,014,044 | ||
1,515 | 5.000%, 11/01/23 | No Opt. Call | AA | 1,664,803 | ||
Buffalo and Fort Erie Public Bridge Authority, New York, Toll Bridge System Revenue Bonds, Refunding Series 2014: | ||||||
300 | 5.000%, 1/01/24 | No Opt. Call | A+ | 330,798 | ||
500 | 5.000%, 1/01/25 | No Opt. Call | A+ | 571,425 | ||
3,390 | Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter School, Series 2020A-1, 5.250%, 6/01/40, 144A | 12/30 at 100.00 | N/R | 3,489,090 | ||
4,360 | Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter School, Series 2020B-1, 5.000%, 6/01/40, 144A | 12/30 at 100.00 | N/R | 4,656,829 | ||
4,000 | Dormitory Authority of the State of New York, Revenue Bonds, Northwell Healthcare Inc, Series 2019B-3, 5.000%, 5/01/48 (Mandatory Put 5/01/26) | 11/25 at 100.00 | A- | 4,682,320 | ||
Dormitory Authority of the State of New York, Revenue Bonds, Orange Regional Medical Center Obligated Group, Series 2017: | ||||||
1,900 | 5.000%, 12/01/25, 144A | No Opt. Call | BBB- | 2,231,341 | ||
1,400 | 5.000%, 12/01/27, 144A | 6/27 at 100.00 | BBB- | 1,711,430 | ||
1,300 | 5.000%, 12/01/29, 144A | 6/27 at 100.00 | BBB- | 1,570,712 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General Purpose, Series 2021A: | ||||||
$ 10,065 | 5.000%, 3/15/28 | No Opt. Call | AA+ | $12,699,816 | ||
20,000 | 5.000%, 3/15/29 | No Opt. Call | AA+ | 25,792,600 | ||
10,000 | 4.000%, 3/15/37 | 3/31 at 100.00 | AA+ | 11,876,100 | ||
Dormitory Authority of the State of New York, State University Educational Facilities Revenue Bonds, Third General Resolution, Series 2012A: | ||||||
10,120 | 5.000%, 5/15/24 | 5/22 at 100.00 | AA | 10,420,362 | ||
9,570 | 5.000%, 5/15/25 | 5/22 at 100.00 | AA | 9,853,368 | ||
7,900 | Evans-Brant Central School District, Erie County, New York, General Oligation Bonds, Series 2021C, 1.500%, 6/24/22 | No Opt. Call | N/R | 7,979,790 | ||
10,000 | Guilderland Central School District, Albany County, New York, General Obligation Bonds, Series 2021, 1.250%, 7/29/22 | No Opt. Call | N/R | 10,089,600 | ||
1,310 | Islip, Suffolk County, New York, General Obligation Bonds, Refunding Series 2021C, 4.000%, 10/15/26 | No Opt. Call | Aaa | 1,533,499 | ||
6,305 | Long Island Power Authority, New York, Electric System General Revenue Bonds, Notes Series 2021, 1.000%, 9/01/25 | 9/23 at 100.00 | A | 6,360,169 | ||
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2000A: | ||||||
110 | 0.000%, 6/01/22 – AGM Insured | No Opt. Call | AA | 109,644 | ||
1,055 | 0.000%, 6/01/23 – AGM Insured | No Opt. Call | AA | 1,044,777 | ||
1,265 | Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2012B, 5.000%, 9/01/26 | 9/22 at 100.00 | A | 1,319,787 | ||
215 | Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Bond Anticipation Series 2019A, 5.000%, 3/01/22 | No Opt. Call | N/R | 219,190 | ||
32,730 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Bond Anticipation Note Series 2019B-1, 5.000%, 5/15/22 | No Opt. Call | N/R | 33,671,642 | ||
21,770 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Bond Anticipation Note Series 2019D-1, 5.000%, 9/01/22 | No Opt. Call | N/R | 22,691,959 | ||
10,300 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Bond Anticipation Note Series 2019F, 5.000%, 11/15/22 | No Opt. Call | N/R | 10,833,643 | ||
8,390 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Bond Anticipation Note Series 2020A-1, 5.000%, 2/01/23 | No Opt. Call | N/R | 8,902,797 | ||
36,395 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Bond Anticipation Note Series 2020A-2S, 4.000%, 2/01/22 | No Opt. Call | N/R | 36,832,832 | ||
6,000 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green Climate Bond Certified Series 2020D-1, 5.000%, 11/15/43 | 11/30 at 100.00 | A3 | 7,316,280 | ||
1,055 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding Green Climate Certified Series 2017C-1, 5.000%, 11/15/24 | No Opt. Call | A3 | 1,192,308 | ||
2,380 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding Green Climate Certified Series 2020E, 5.000%, 11/15/33 | 11/30 at 100.00 | A3 | 2,988,614 | ||
14,905 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding Series 2012F, 5.000%, 11/15/30 | 11/22 at 100.00 | A3 | 15,623,570 | ||
7,000 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2015A-1, 5.000%, 11/15/36 | 5/25 at 100.00 | A3 | 7,902,510 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2021A-2: | ||||||
$ 5,000 | 4.000%, 11/15/41 | 5/31 at 100.00 | A3 | $5,652,350 | ||
15,300 | 4.000%, 11/15/42 | 5/31 at 100.00 | A3 | 17,254,269 | ||
Monroe County Industrial Development Corporation, New York, Revenue Bonds, Saint Ann's Community Project, Series 2019: | ||||||
1,770 | 4.000%, 1/01/30 | 1/26 at 103.00 | N/R | 1,946,681 | ||
1,910 | 5.000%, 1/01/40 | 1/26 at 103.00 | N/R | 2,153,353 | ||
Nassau County Local Economic Assistance Corporation, New York, Revenue Bonds, Catholic Health Services of Long Island Obligated Group Project, Series 2014: | ||||||
1,525 | 5.000%, 7/01/28 | 7/24 at 100.00 | A- | 1,705,026 | ||
1,000 | 5.000%, 7/01/29 | 7/24 at 100.00 | A- | 1,117,180 | ||
Nassau County Local Economic Assistance Corporation, New York, Revenue Bonds, Catholic Health Services of Long Island Obligated Group Project, Series 2014B: | ||||||
655 | 5.000%, 7/01/30 | 7/24 at 100.00 | A- | 730,993 | ||
2,455 | 5.000%, 7/01/32 | 7/24 at 100.00 | A- | 2,732,734 | ||
10,000 | Nassau County, New York, General Obligation Bonds, Revenue Anticipation Note Series 2021B, 2.000%, 1/07/22 | No Opt. Call | N/R | 10,049,900 | ||
16,000 | Nassau County, New York, General Obligation Bonds, Tax Anticipation Notes Series 2021B, 2.000%, 12/10/21 | No Opt. Call | N/R | 16,057,920 | ||
7,610 | New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, Sustainable Neighborhood Series 2019A-3A, 1.125%, 5/01/60 (Mandatory Put 11/01/24) | 5/22 at 100.00 | AA+ | 7,639,755 | ||
New York City Industrial Development Agency, New York, PILOT Payment in Lieu of Taxes Revenue Bonds, Queens Baseball Stadium Project, Refunding Series 2021A: | ||||||
2,125 | 4.000%, 1/01/32 – AGM Insured | 1/31 at 100.00 | AA | 2,591,119 | ||
1,650 | 3.000%, 1/01/33 – AGM Insured | 1/31 at 100.00 | AA | 1,822,590 | ||
9,320 | New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2021 Subseries E-1, 5.000%, 2/01/37 | 2/31 at 100.00 | AAA | 11,972,286 | ||
New York City, New York, General Obligation Bonds, Fiscal 2021 Series A-1: | ||||||
7,500 | 5.000%, 8/01/28 | No Opt. Call | AA | 9,511,950 | ||
6,750 | 5.000%, 8/01/29 | No Opt. Call | AA | 8,719,987 | ||
10,025 | 5.000%, 8/01/30 | No Opt. Call | AA | 13,161,722 | ||
New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Climate Bond Certified/Green Bond Series 2018I: | ||||||
900 | 3.625%, 11/01/33 | 11/27 at 100.00 | Aa2 | 987,813 | ||
2,000 | 3.875%, 11/01/38 | 11/27 at 100.00 | Aa2 | 2,197,700 | ||
5,500 | New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Climate Bond Certified/Green Bond Series 2019D, 2.050%, 5/01/23 | 10/21 at 100.00 | Aa2 | 5,504,290 | ||
2,335 | New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Climate Bond Certified/Sustainability Green Series 2020J, 0.750%, 5/01/25 | 7/22 at 100.00 | Aa2 | 2,340,370 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Climate Bond Certified/Sustainability Series 2019P: | ||||||
$ 2,040 | 2.600%, 11/01/34 | 5/28 at 100.00 | Aa2 | $2,115,154 | ||
10,105 | 2.850%, 11/01/39 | 5/28 at 100.00 | Aa2 | 10,564,474 | ||
8,845 | New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Refunding Series 2019C, 3.850%, 11/01/39 | 5/28 at 100.00 | Aa2 | 9,713,402 | ||
21,000 | New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Refunding Series 2020H, 2.300%, 11/01/40 | 5/29 at 100.00 | Aa2 | 20,855,520 | ||
2,600 | New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Series 2019E, 2.125%, 11/01/23 | 10/21 at 100.00 | Aa2 | 2,625,688 | ||
13,220 | New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 223, 3.000%, 10/01/39 | 10/28 at 100.00 | Aa1 | 13,844,381 | ||
10,175 | New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 225, 2.300%, 10/01/40 | 10/29 at 100.00 | Aa1 | 9,997,751 | ||
6,000 | New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 227, 2.300%, 10/01/40 | 10/29 at 100.00 | Aa1 | 5,895,480 | ||
21,935 | New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 231, 2.400%, 10/01/41 | 4/30 at 100.00 | Aa1 | 21,759,739 | ||
6,900 | New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 233, 2.200%, 4/01/36 | 4/30 at 100.00 | Aa1 | 6,833,484 | ||
6,120 | New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, General Purpose, Series 2020C, 5.000%, 3/15/26 | No Opt. Call | AA+ | 7,315,114 | ||
New York Transportation Development Corporation, New York, Special Facilities Bonds, LaGuardia Airport Terminal B Redevelopment Project, Series 2016A: | ||||||
1,440 | 5.000%, 7/01/30 (AMT) | 7/24 at 100.00 | BBB | 1,608,005 | ||
2,045 | 4.000%, 7/01/32 (AMT) | 7/24 at 100.00 | BBB | 2,203,774 | ||
8,075 | 4.000%, 7/01/33 (AMT) | 7/24 at 100.00 | BBB | 8,698,632 | ||
9,715 | 5.000%, 7/01/34 (AMT) | 7/24 at 100.00 | BBB | 10,778,210 | ||
12,615 | 5.000%, 7/01/41 (AMT) | 7/24 at 100.00 | BBB | 14,008,453 | ||
2,670 | 4.000%, 7/01/46 – AGM Insured (AMT) | 7/24 at 100.00 | AA | 2,870,410 | ||
50,000 | 5.000%, 7/01/46 (AMT) | 7/24 at 100.00 | BBB | 55,484,500 | ||
New York Transportation Development Corporation, New York, Special Facility Revenue Refunding Bonds, Terminal One Group Association, LP Project, Series 2015: | ||||||
2,015 | 5.000%, 1/01/22 (AMT) | No Opt. Call | BBB | 2,036,661 | ||
2,090 | 5.000%, 1/01/23 (AMT) | No Opt. Call | BBB | 2,203,591 | ||
New York Transportation Development Corporation, Special Facility Revenue Bonds, Delta Air Lines, Inc - LaGuardia Airport Terminals C&D Redevelopment Project, Series 2018: | ||||||
15,510 | 4.000%, 1/01/36 (AMT) | 1/28 at 100.00 | Baa3 | 17,420,832 | ||
2,000 | 5.000%, 1/01/36 (AMT) | 1/28 at 100.00 | Baa3 | 2,392,700 | ||
10,050 | Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Seventy Ninth Series 2013, 5.000%, 12/01/25 | 12/23 at 100.00 | Aa3 | 11,074,999 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
Revenue Bond Certificate Series Trust: | ||||||
$ 13,308 | 2.500%, 2/01/42 (Mandatory Put 11/22/22), 144A | No Opt. Call | AA+ | $13,600,350 | ||
24,826 | 2.500%, 3/01/46 (Mandatory Put 11/22/22), 144A | No Opt. Call | AA+ | 25,230,695 | ||
Suffolk County Economic Development Corporation, New York, Revenue Bonds, Catholic Health Services of Long Island Obligated Group Project, Series 2014: | ||||||
2,435 | 5.000%, 7/01/28 | 7/24 at 100.00 | A- | 2,722,452 | ||
2,695 | 5.000%, 7/01/29 | 7/24 at 100.00 | A- | 3,010,800 | ||
4,200 | 5.000%, 7/01/30 | 7/24 at 100.00 | A- | 4,687,284 | ||
2,100 | 5.000%, 7/01/31 | 7/24 at 100.00 | A- | 2,340,597 | ||
1,335 | 5.000%, 7/01/32 | 7/24 at 100.00 | A- | 1,486,029 | ||
3,080 | 5.000%, 7/01/33 | 7/24 at 100.00 | A- | 3,423,974 | ||
19,455 | Triborough Bridge and Tunnel Authority, New York, General Revenue Bonds, MTA Bridges & Tunnels, Series 2021A, 5.000%, 11/01/25 | No Opt. Call | A1 | 22,988,612 | ||
Troy Capital Resource Corporation, New York, Revenue Bonds, Rensselaer Polytechnic Institute, Refunding Series 2020A Forward Delivery: | ||||||
1,200 | 5.000%, 9/01/23 | No Opt. Call | A3 | 1,306,284 | ||
1,835 | 5.000%, 9/01/24 | No Opt. Call | A3 | 2,074,669 | ||
2,000 | 5.000%, 9/01/25 | No Opt. Call | A3 | 2,331,960 | ||
20,030 | Utility Debt Securitization Authority, New York, Restructuring Bonds, Refunding Series 2015, 5.000%, 12/15/34 | 12/25 at 100.00 | AAA | 23,613,768 | ||
693,009 | Total New York | 754,096,407 | ||||
North Carolina – 0.8% | ||||||
Alamance County, North Carolina, General Obligation Bonds, Public Improvement Series 2021: | ||||||
7,515 | 5.000%, 5/01/26 | No Opt. Call | AA | 9,022,960 | ||
7,560 | 5.000%, 5/01/27 | No Opt. Call | AA | 9,328,360 | ||
7,410 | 5.000%, 5/01/28 | No Opt. Call | AA | 9,370,686 | ||
2,395 | Columbus County Industrial Facilities and Pollution Control Financing Authority, North Carolina, Recovery Zone Facility Bonds, International Paper Company Project, Refunding Series 2020A, 1.375%, 5/01/34 (Mandatory Put 6/16/25) | No Opt. Call | BBB | 2,459,401 | ||
610 | North Carolina Captial Facilities Finance Agency, Revenue Bonds, The Methodist Univerity, Series 2012, 3.750%, 3/01/24 | 3/22 at 100.00 | BB | 614,252 | ||
4,005 | North Carolina Housing Finance Agency, Home Ownership Revenue Bonds, 1998 Trust Agreement, Series 2019-42, 2.625%, 7/01/39 | 7/28 at 100.00 | AA+ | 4,132,439 | ||
5,860 | North Carolina Housing Finance Agency, Home Ownership Revenue Bonds, 1998 Trust Agreement, Series 2020-43, 2.800%, 1/01/40 | 1/29 at 100.00 | AA+ | 6,124,110 | ||
12,000 | North Carolina Housing Finance Agency, Home Ownership Revenue Bonds, 1998 Trust Agreement, Series 2021-47, 2.300%, 7/01/41 | 7/30 at 100.00 | AA+ | 11,644,560 | ||
5,100 | North Carolina Medical Care Commission, Hospital Revenue Bonds, CaroMont Health A/K/A Gaston Health, Series 2021A, 5.000%, 2/01/51 (Mandatory Put 2/01/26) | 2/26 at 100.00 | AA- | 6,052,425 | ||
11,600 | North Carolina Municipal Power Agency 1, Catawba Electric Revenue Bonds, Series 2015C, 5.000%, 1/01/29 | 1/26 at 100.00 | A | 13,515,740 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
North Carolina (continued) | ||||||
$ 13,495 | North Carolina State, Limited Obligation Bonds, Series 2020B, 5.000%, 5/01/26 | No Opt. Call | AA+ | $ 16,209,654 | ||
77,550 | Total North Carolina | 88,474,587 | ||||
North Dakota – 1.1% | ||||||
5,365 | Cass County Joint Water Reserve District, North Dakota, Temporary Improvement Special Assessment Bonds, Refunding Series 2021A, 0.480%, 5/01/24 | 11/22 at 100.00 | Aa3 | 5,372,779 | ||
Fargo, North Dakota, General Obligation Bonds, Refunding Improvement Series 2021A: | ||||||
1,250 | 4.000%, 5/01/26 | 5/25 at 100.00 | Aa2 | 1,409,187 | ||
1,320 | 4.000%, 5/01/27 | 5/25 at 100.00 | Aa2 | 1,481,093 | ||
1,385 | 4.000%, 5/01/28 | 5/25 at 100.00 | Aa2 | 1,548,278 | ||
2,755 | Fargo, North Dakota, Health System Revenue Bonds, Sanford Health, Refunding Series 2011, 6.250%, 11/01/31 (Pre-refunded 11/01/21) | 11/21 at 100.00 | A+ (4) | 2,767,315 | ||
Grand Forks, North Dakota, Health Care System Revenue Bonds, Altru Health System Obligated Group, Series 2012: | ||||||
2,335 | 5.000%, 12/01/32 | 12/21 at 100.00 | Baa2 | 2,352,723 | ||
26,005 | 5.000%, 12/01/35 | 12/21 at 100.00 | Baa2 | 26,202,378 | ||
Grand Forks, North Dakota, Health Care System Revenue Bonds, Altru Health System Obligated Group, Series 2021: | ||||||
1,750 | 5.000%, 12/01/29 | No Opt. Call | Baa2 | 2,218,037 | ||
1,740 | 5.000%, 12/01/30 | No Opt. Call | Baa2 | 2,238,179 | ||
2,975 | 5.000%, 12/01/32 | 12/31 at 100.00 | Baa2 | 3,853,815 | ||
3,875 | 5.000%, 12/01/33 | 12/31 at 100.00 | Baa2 | 4,984,180 | ||
4,675 | 5.000%, 12/01/34 | 12/31 at 100.00 | Baa2 | 5,987,553 | ||
Horace, Cass County, North Dakota, General Obligation Bonds, Refunding Improvement Series 2021: | ||||||
500 | 3.000%, 5/01/33 | 5/27 at 100.00 | Baa2 | 524,005 | ||
500 | 3.000%, 5/01/36 | 5/27 at 100.00 | Baa2 | 517,455 | ||
3,440 | 3.000%, 5/01/46 | 5/27 at 100.00 | Baa2 | 3,479,216 | ||
3,855 | North Dakota Housing Finance Agency, Home Mortgage Finance Program Bonds, Series 2019C, 3.200%, 7/01/39 | 7/28 at 100.00 | Aa1 | 4,069,030 | ||
2,575 | North Dakota Housing Finance Agency, Home Mortgage Finance Program Bonds, Series 2020A, 3.000%, 7/01/40 | 7/29 at 100.00 | Aa1 | 2,695,587 | ||
4,900 | North Dakota Housing Finance Agency, Home Mortgage Finance Program Bonds, Series 2020B, 2.350%, 7/01/40 | 1/30 at 100.00 | Aa1 | 4,945,815 | ||
6,900 | North Dakota Housing Finance Agency, Home Mortgage Finance Program Bonds, Series 2021A, 2.250%, 7/01/41 | 7/30 at 100.00 | Aa1 | 6,812,094 | ||
Ward County Health Care, North Dakota, Revenue Bonds, Trinity Obligated Group, Series 2017C: | ||||||
3,785 | 5.000%, 6/01/28 | No Opt. Call | BBB- | 4,650,137 | ||
3,000 | 5.000%, 6/01/29 | 6/28 at 100.00 | BBB- | 3,650,460 | ||
1,260 | 5.000%, 6/01/31 | 6/28 at 100.00 | BBB- | 1,508,107 | ||
3,480 | 5.000%, 6/01/34 | 6/28 at 100.00 | BBB- | 4,131,943 | ||
13,280 | 5.000%, 6/01/38 | 6/28 at 100.00 | BBB- | 15,632,685 | ||
102,905 | Total North Dakota | 113,032,051 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Ohio – 3.1% | ||||||
$ 1,925 | Allen County, Ohio, Hospital Facilities Revenue Bonds, Catholic Health Partners, Refunding and Improvement Series 2012A, 5.000%, 5/01/33 (Pre-refunded 5/01/22) | 5/22 at 100.00 | AA- (4) | $1,978,977 | ||
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1: | ||||||
2,085 | 5.000%, 6/01/27 | No Opt. Call | A | 2,532,399 | ||
14,600 | 5.000%, 6/01/28 | No Opt. Call | A | 18,118,746 | ||
13,705 | 5.000%, 6/01/29 | No Opt. Call | A | 17,344,089 | ||
15,745 | 5.000%, 6/01/30 | No Opt. Call | A | 20,262,555 | ||
11,595 | 5.000%, 6/01/31 | 6/30 at 100.00 | A | 14,834,991 | ||
6,880 | 5.000%, 6/01/32 | 6/30 at 100.00 | A- | 8,764,157 | ||
7,260 | 5.000%, 6/01/33 | 6/30 at 100.00 | A- | 9,214,610 | ||
3,200 | 5.000%, 6/01/34 | 6/30 at 100.00 | A- | 4,043,840 | ||
4,520 | 5.000%, 6/01/35 | 6/30 at 100.00 | A- | 5,695,336 | ||
1,220 | 5.000%, 6/01/36 | 6/30 at 100.00 | A- | 1,533,894 | ||
4,075 | 4.000%, 6/01/37 | 6/30 at 100.00 | A- | 4,737,473 | ||
7,815 | 4.000%, 6/01/38 | 6/30 at 100.00 | A- | 9,058,445 | ||
5,155 | 4.000%, 6/01/39 | 6/30 at 100.00 | A- | 5,957,479 | ||
7,280 | 3.000%, 6/01/48 | 6/30 at 100.00 | BBB+ | 7,453,118 | ||
1,650 | 4.000%, 6/01/48 | 6/30 at 100.00 | BBB+ | 1,836,136 | ||
7,475 | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2, 5.000%, 6/01/55 | 6/30 at 100.00 | N/R | 8,467,605 | ||
Cleveland, Ohio, Airport System Revenue Bonds, Refunding Series 2016A: | ||||||
1,525 | 5.000%, 1/01/28 – AGM Insured | 1/25 at 100.00 | AA | 1,741,779 | ||
2,230 | 5.000%, 1/01/29 – AGM Insured | 1/25 at 100.00 | AA | 2,546,236 | ||
2,000 | 5.000%, 1/01/30 – AGM Insured | 1/25 at 100.00 | AA | 2,283,620 | ||
1,800 | 5.000%, 1/01/31 – AGM Insured | 1/25 at 100.00 | AA | 2,055,258 | ||
5 | Columbus, Ohio, General Obligation Bonds, Various Purpose Series 2018A, 5.000%, 4/01/30 | 10/28 at 100.00 | AAA | 6,359 | ||
10,170 | Columbus, Ohio, General Obligation Bonds, Various Purpose Series 2019A, 5.000%, 4/01/27 | No Opt. Call | AAA | 12,527,406 | ||
8,470 | Columbus, Ohio, General Obligation Bonds, Various Purpose Series 2021A, 5.000%, 4/01/27 | No Opt. Call | AAA | 10,433,346 | ||
3,335 | Lancaster Port Authority, Ohio, Gas Supply Revenue Bonds, Series 2019, 5.000%, 8/01/49 (Mandatory Put 2/01/25) | 11/24 at 100.68 | Aa2 | 3,802,067 | ||
1,080 | Montgomery County, Ohio, Hospital Facilities Revenue Bonds, Kettering Health Network Obligated Group Project, Refunding & Improvement Series 2021, 3.000%, 8/01/40 | 2/31 at 100.00 | A+ | 1,163,344 | ||
7,450 | Muskingum County, Ohio, Hospital Facilities Revenue Bonds, Genesis HealthCare System Obligated Group Project, Series 2013, 5.000%, 2/15/27 | 2/23 at 100.00 | BB+ | 7,854,237 | ||
New Albany Community Authority, Ohio, Community Facilities Revenue Refunding Bonds, Series 2012C: | ||||||
1,230 | 5.000%, 10/01/21 | No Opt. Call | Aa3 | 1,230,000 | ||
965 | 5.000%, 10/01/22 | No Opt. Call | Aa3 | 1,010,886 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Ohio (continued) | ||||||
$ 2,940 | Ohio Air Quality Development Authority, Ohio, Air Quality Development Revenue Bonds, FirstEnergy Generation Corporation Project, Series 2009A, 5.700%, 8/01/22 | No Opt. Call | N/R | $3,675 | ||
1,400 | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Corporation Project, Refunding Series 2009B, 3.100%, 3/01/23 | No Opt. Call | N/R | 1,750 | ||
28,740 | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23 (6) | No Opt. Call | N/R | 35,925 | ||
915 | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Corporation Project, Refunding Series 2010A, 3.125%, 7/01/33 (6) | No Opt. Call | N/R | 1,144 | ||
3,610 | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2006B, 3.625%, 12/01/33 (6) | No Opt. Call | N/R | 4,512 | ||
250 | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2008C, 3.950%, 11/01/32 (6) | No Opt. Call | N/R | 312 | ||
1,020 | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2009A, 4.375%, 6/01/33 (Mandatory Put 6/01/22) | No Opt. Call | N/R | 1,038,136 | ||
14,735 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2005A, 2.100%, 1/01/29 (Mandatory Put 10/01/24) (AMT) | No Opt. Call | BBB+ | 15,276,953 | ||
20,015 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2005C, 2.100%, 4/01/28 (Mandatory Put 10/01/24) (AMT) | No Opt. Call | BBB+ | 20,756,756 | ||
25,825 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2007A, 2.500%, 8/01/40 (Mandatory Put 10/01/29) (AMT) | No Opt. Call | BBB+ | 28,016,768 | ||
16,850 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2007B, 2.500%, 11/01/42 (Mandatory Put 10/01/29) (AMT) | No Opt. Call | BBB+ | 18,302,301 | ||
12,040 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2014B, 2.600%, 6/01/41 (Mandatory Put 10/01/29) (AMT) | 10/24 at 100.00 | BBB+ | 12,653,438 | ||
6,015 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2014D, 1.900%, 5/01/26 (Mandatory Put 10/01/24) | No Opt. Call | BBB+ | 6,211,630 | ||
610 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, Pratt Paper Ohio, LLC Project, Series 2017, 3.750%, 1/15/28, 144A (AMT) | No Opt. Call | N/R | 679,162 | ||
5,000 | Ohio Higher Educational Facility Commission, Revenue Bonds, Case Western Reserve University Project, Series 2019C, 1.625%, 12/01/34 (Mandatory Put 12/01/26) | 6/26 at 100.00 | AA- | 5,161,800 | ||
1,340 | Ohio Higher Educational Facility Commission, Senior Hospital Parking Revenue Bonds, University Circle Incorporated 2020 Project, Series 2020, 5.000%, 1/15/37 | 1/30 at 100.00 | A3 | 1,643,014 | ||
2,755 | Ohio Housing Finance Agency, Residential Mortgage Revenue Bonds, Mortgage-Backed Securities Program, Series 2019B, 3.000%, 9/01/39 | 9/28 at 100.00 | Aaa | 2,896,276 | ||
4,330 | Ohio Housing Finance Agency, Residential Mortgage Revenue Bonds, Mortgage-Backed Securities Program, Series 2020A, 2.750%, 9/01/40 | 3/29 at 100.00 | Aaa | 4,478,432 | ||
1,665 | Ohio Housing Finance Agency, Residential Mortgage Revenue Bonds, Mortgage-Backed Securities Program, Series 2020B, 2.250%, 9/01/40 | 9/29 at 100.00 | Aaa | 1,683,715 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Ohio (continued) | ||||||
$ 4,000 | Ohio Housing Finance Agency, Residential Mortgage Revenue Bonds, Mortgage-Backed Securities Program, Series 2021A, 2.250%, 9/01/41 | 3/30 at 100.00 | Aaa | $3,898,760 | ||
1,400 | Ohio State, General Obligation Bonds, Common Schools Series 2021A, 5.000%, 6/15/26 | No Opt. Call | AA+ | 1,688,512 | ||
8,795 | Ohio State, Hospital Revenue Bonds, University Hospitals Health System, Inc, Refunding Series 2016A, 5.000%, 1/15/41 | 1/26 at 100.00 | A | 10,168,779 | ||
5,220 | Ohio State, Hospital Revenue Bonds, University Hospitals Health System, Inc, Variable Rate Series 2020B, 5.000%, 1/15/50 (Mandatory Put 1/15/25) | 1/25 at 100.00 | A | 5,964,268 | ||
Ohio State, Major New State Infrastructure Project Revenue Bonds, Series 2021-1A: | ||||||
1,160 | 5.000%, 12/15/27 | No Opt. Call | AA | 1,452,622 | ||
1,250 | 5.000%, 12/15/28 | No Opt. Call | AA | 1,600,637 | ||
3,855 | Ohio Water Development Authority, Pollution Control Revenue Bonds, FirstEnergy Generating Corporation Project, Refunding Series 2006A, 3.000%, 5/15/49 (6) | No Opt. Call | N/R | 4,819 | ||
8,500 | Ohio Water Development Authority, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generating Corporation Project, Refunding Series 2005B, 4.000%, 1/01/34 (6) | No Opt. Call | N/R | 10,625 | ||
8,645 | Ohio Water Development Authority, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generating Corporation Project, Refunding Series 2010A, 3.750%, 7/01/33 (6) | No Opt. Call | N/R | 10,806 | ||
1,945 | Ohio Water Development Authority, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generating Corporation Project, Refunding Series 2010C, 4.000%, 6/01/33 | No Opt. Call | N/R | 2,431 | ||
2,355 | Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2006B, 4.000%, 12/01/33 (6) | No Opt. Call | N/R | 2,944 | ||
1,385 | Olentangy Local School District, Delaware and Franklin Counties, Ohio, General Obligation Bonds, Refunding Series 2021A, 4.000%, 12/01/27 (WI/DD, Settling 10/13/21) | No Opt. Call | AAA | 1,648,635 | ||
1,935 | Tuscarawas County Economic Development and Finance Alliance, Ohio, Higher Education Facilities Revenue Bonds, Ashland University, Refunding & Improvement Series 2015, 5.375%, 3/01/27 | 3/25 at 100.00 | N/R | 2,094,347 | ||
356,945 | Total Ohio | 335,882,272 | ||||
Oklahoma – 1.9% | ||||||
700 | Bryan County School Finance Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Durant Public Schools Project, Refunding Series 2020, 4.000%, 12/01/28 | No Opt. Call | A | 837,095 | ||
Bryan County School Finance Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Durant Public Schools Project, Series 2020: | ||||||
1,775 | 2.000%, 9/01/28 | No Opt. Call | A | 1,849,195 | ||
1,850 | 2.000%, 9/01/29 | No Opt. Call | A | 1,921,984 | ||
1,800 | 2.750%, 9/01/30 | No Opt. Call | A | 1,973,754 | ||
1,790 | 2.750%, 9/01/31 | 9/30 at 100.00 | A | 1,952,657 | ||
60 | Canadian County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Mustang Public Schools Project, Series 2017, 4.000%, 9/01/24 | No Opt. Call | AA- | 66,216 | ||
Carter County Public Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Plainview Public Schools Project, Series 2021A: | ||||||
740 | 4.000%, 12/01/33 | 12/31 at 100.00 | A+ | 898,959 | ||
1,670 | 4.000%, 12/01/34 | 12/31 at 100.00 | A+ | 2,018,078 | ||
1,570 | 4.000%, 12/01/35 | 12/31 at 100.00 | A+ | 1,889,825 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Oklahoma (continued) | ||||||
Cleveland County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Moore Public Schools Project, Series 2016: | ||||||
$ 7,580 | 5.000%, 6/01/22 | No Opt. Call | A+ | $7,819,073 | ||
3,085 | 5.000%, 6/01/23 | No Opt. Call | A+ | 3,328,499 | ||
Cleveland County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Moore Public Schools Project, Series 2021: | ||||||
2,200 | 4.000%, 6/01/28 | No Opt. Call | Aa3 | 2,628,274 | ||
2,010 | 4.000%, 6/01/29 | No Opt. Call | Aa3 | 2,437,165 | ||
6,000 | 4.000%, 6/01/30 | No Opt. Call | Aa3 | 7,329,480 | ||
15,140 | 4.000%, 6/01/31 | No Opt. Call | Aa3 | 18,709,709 | ||
Comanche County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Elgin Public Schools Project, Series 2017A: | ||||||
1,470 | 5.000%, 12/01/28 | 12/27 at 100.00 | A | 1,813,127 | ||
1,410 | 5.000%, 12/01/31 | 12/27 at 100.00 | A | 1,719,537 | ||
Garfield County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Enid Public Schools Project, Series 2016A: | ||||||
3,165 | 5.000%, 9/01/30 | 9/26 at 100.00 | A | 3,754,228 | ||
5,290 | 5.000%, 9/01/31 | 9/26 at 100.00 | A | 6,270,607 | ||
3,150 | Garvin County Educational Facilities Authority, Oklahoma, Lease Revenue Bonds, Wynnewood Public Schools Project, Series 2018, 3.625%, 9/01/36 | 9/28 at 100.00 | A- | 3,434,382 | ||
Grady County School Finance Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Amber-Pocasset Public Schools Project, Series 2019: | ||||||
1,365 | 4.000%, 9/01/32 | 9/29 at 100.00 | A | 1,612,652 | ||
1,485 | 4.000%, 9/01/34 | 9/29 at 100.00 | A | 1,743,494 | ||
1,000 | 4.000%, 9/01/36 | 9/29 at 100.00 | A | 1,168,830 | ||
Grady County School Finance Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Tuttle Public Schools Project, Series 2019: | ||||||
1,870 | 4.000%, 9/01/32 | 9/29 at 100.00 | A+ | 2,216,922 | ||
1,480 | 4.000%, 9/01/33 | 9/29 at 100.00 | A+ | 1,749,094 | ||
1,390 | 4.000%, 9/01/34 | 9/29 at 100.00 | A+ | 1,637,601 | ||
Lincoln County Educational Facilities Authority, Oklahoma, Lease Revenue Bonds, Stroud Public Schools Project, Series 2016: | ||||||
2,115 | 5.000%, 9/01/22 | No Opt. Call | A | 2,198,691 | ||
1,000 | 5.000%, 9/01/23 | No Opt. Call | A | 1,080,970 | ||
1,870 | 5.000%, 9/01/24 | No Opt. Call | A | 2,095,167 | ||
2,490 | 5.000%, 9/01/26 | No Opt. Call | A | 2,955,530 | ||
Love County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Marietta Public Schools Project, Series 2021: | ||||||
890 | 4.000%, 12/01/33 | 12/31 at 100.00 | A- | 1,066,487 | ||
920 | 4.000%, 12/01/34 | 12/31 at 100.00 | A- | 1,098,535 | ||
960 | 4.000%, 12/01/35 | 12/31 at 100.00 | A- | 1,142,794 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Oklahoma (continued) | ||||||
McClain County Economic Development Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Purcell Public Schools Project, Series 2018: | ||||||
$ 1,280 | 5.000%, 9/01/30 | 9/28 at 100.00 | A | $1,594,445 | ||
1,565 | 5.000%, 9/01/34 | 9/28 at 100.00 | A | 1,921,601 | ||
6,140 | Oklahoma City, Oklahoma, General Obligation Bonds, Series 2021, 2.000%, 3/01/25 | No Opt. Call | AAA | 6,471,621 | ||
Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B: | ||||||
6,250 | 5.000%, 8/15/33 | 8/28 at 100.00 | Baa3 | 7,573,375 | ||
16,580 | 5.000%, 8/15/38 | 8/28 at 100.00 | Baa3 | 19,870,964 | ||
3,205 | Oklahoma Development Finance Authority, Limited Obligation Revenue Bonds, Gilcrease Expressway West Project, Series 2020, 1.625%, 7/06/23 (AMT) | 6/22 at 100.00 | Baa2 | 3,230,512 | ||
1,510 | Oklahoma Housing Finance Agency, Single Family Mortgage Revenue Bonds, Homeownership Loan Program, Series 2019A, 3.000%, 9/01/39 | 3/28 at 100.00 | Aaa | 1,573,903 | ||
1,470 | Oklahoma Housing Finance Agency, Single Family Mortgage Revenue Bonds, Homeownership Loan Program, Series 2020A, 3.000%, 9/01/40 | 3/29 at 100.00 | Aaa | 1,524,963 | ||
Pontotoc County Educational Facilities Authority, Oklahoma, Facilities Lease Revenue Bonds, Ada Public Schools Project, Series 2014: | ||||||
750 | 5.000%, 9/01/22 | No Opt. Call | A- | 781,148 | ||
500 | 3.000%, 9/01/23 | No Opt. Call | A- | 522,835 | ||
630 | 5.000%, 9/01/24 | No Opt. Call | A- | 705,083 | ||
1,505 | 5.000%, 9/01/25 | No Opt. Call | A- | 1,734,016 | ||
3,210 | Tulsa Airports Improvement Trust, Oklahoma, General Airport Revenue Bonds, Series 2013A, 5.625%, 6/01/38 (AMT) | 6/23 at 100.00 | AA | 3,465,805 | ||
Tulsa County Industrial Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Berryhill Public Schools Project, Series 2020: | ||||||
1,540 | 2.000%, 9/01/27 | No Opt. Call | A- | 1,579,855 | ||
1,605 | 2.000%, 9/01/28 | No Opt. Call | A- | 1,639,010 | ||
1,670 | 2.000%, 9/01/29 | No Opt. Call | A- | 1,694,900 | ||
3,150 | 2.000%, 9/01/30 | No Opt. Call | A- | 3,172,113 | ||
Tulsa County Industrial Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Broken Arrow Public Schools Project, Series 2016: | ||||||
3,655 | 5.000%, 9/01/25 | 9/23 at 100.00 | AA- | 3,975,799 | ||
10,755 | 5.000%, 9/01/26 | 9/23 at 100.00 | AA- | 11,696,708 | ||
1,650 | Tulsa County Industrial Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Broken Arrow Public Schools Project, Series 2019A, 5.000%, 9/01/29 | No Opt. Call | AA- | 2,103,569 | ||
Tulsa County Industrial Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Jenks Public Schools Project, Series 2015: | ||||||
6,195 | 5.000%, 9/01/25 | No Opt. Call | AA- | 7,262,522 | ||
9,705 | 5.000%, 9/01/26 | 9/25 at 100.00 | AA- | 11,319,718 | ||
2,580 | Washington County Rural Water District 3, Oklahoma, Revenue Bonds, Refunding & Capital improvement Series 2020, 3.000%, 9/15/35 | 3/28 at 100.00 | A+ | 2,768,263 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Oklahoma (continued) | ||||||
Weatherford Industrial Trust Educational, Oklahoma, Facilities Lease Revenue Bonds, Weatherford Public Schools Project, Series 2019: | ||||||
$ 2,025 | 5.000%, 3/01/29 | No Opt. Call | A- | $2,516,832 | ||
1,695 | 5.000%, 3/01/31 | 3/29 at 100.00 | A- | 2,120,513 | ||
2,500 | 5.000%, 3/01/33 | 3/29 at 100.00 | A- | 3,108,225 | ||
174,610 | Total Oklahoma | 200,346,909 | ||||
Oregon – 0.7% | ||||||
5,000 | Beaverton School District 48J, Washington and Multnomah Counties, Oregon, General Obligation Bonds, Convertible Deferred Interest Series 2017D, 5.000%, 6/15/35 | 6/27 at 100.00 | AA+ | 6,057,400 | ||
1,760 | Benton and Linn Counties District School District 509J Corvallis, Oregon, General Obligation Bonds, Series 2018A, 5.000%, 6/15/38 | 6/28 at 100.00 | AA+ | 2,166,032 | ||
1,200 | Clackamas Community College District, Oregon, General Obligation Bonds, Deferred Interest Series 2017A, 5.000%, 6/15/40 | 6/27 at 100.00 | Aa1 | 1,447,068 | ||
1,475 | Clackamas County Hospital Facility Authority, Oregon, Revenue Bonds, Rose Villa Inc, Series 2020B-1, 3.250%, 11/15/25 | 11/21 at 100.00 | N/R | 1,477,404 | ||
Clackamas County School District 62, Oregon City, Oregon, General Obligation Bonds, Refunding Series 2018A: | ||||||
1,665 | 0.000%, 6/15/34 | 6/28 at 79.31 | AA+ | 1,177,938 | ||
1,510 | 0.000%, 6/15/35 | 6/28 at 75.58 | AA+ | 1,014,629 | ||
1,000 | 0.000%, 6/15/37 | 6/28 at 69.16 | AA+ | 612,600 | ||
2,050 | 0.000%, 6/15/39 | 6/28 at 63.17 | AA+ | 1,142,732 | ||
1,770 | Multnomah County Hospital Facilities Authority, Oregon, Revenue Bonds, Adventist Health System/West, Refunding Variable Rate Series 2019, 5.000%, 3/01/40 (Mandatory Put 3/01/25) | 9/24 at 100.00 | A | 1,983,126 | ||
2,250 | Multnomah County Hospital Facilities Authority, Oregon, Revenue Bonds, Terwilliger Plaza-Parkview Project, Refunding Green Series 2021B-1, 1.200%, 6/01/28 | 6/23 at 100.00 | BB+ | 2,228,557 | ||
2,750 | Multnomah-Clackamas Counties School District 10JT Greham-Barlow, Oregon, General Obligation Bonds, Deferred interest Series 2019A, 0.000%, 6/15/38 | 6/29 at 72.47 | Aa1 | 1,716,220 | ||
2,225 | Oregon Housing and Community Services Department, Mortgage Revenue Bonds, Single-Family Mortgage Program, Series 2017D, 3.450%, 1/01/38 | 1/27 at 100.00 | Aa2 | 2,326,705 | ||
3,750 | Oregon Housing and Community Services Department, Mortgage Revenue Bonds, Single-Family Mortgage Program, Series 2018C, 3.900%, 7/01/38 | 7/27 at 100.00 | Aa2 | 4,012,200 | ||
7,625 | Oregon Housing and Community Services Department, Mortgage Revenue Bonds, Single-Family Mortgage Program, Series 2019A, 2.650%, 7/01/39 | 7/28 at 100.00 | Aa2 | 7,928,322 | ||
7,420 | Oregon Housing and Community Services Department, Single Family Mortgage Revenue Bonds, Series 2021A, 2.250%, 7/01/41 | 7/30 at 100.00 | Aa2 | 7,244,814 | ||
15,995 | Oregon State Business Development Commission, Recovery Zone Facility Revenue Bonds, Intel Corporation Project, 232 Series 2010, 2.400%, 12/01/40 (Mandatory Put 8/14/23) | No Opt. Call | A+ | 16,570,020 | ||
11,305 | Oregon State Department of Transportation, Highway User Tax Revenue Bonds, Senior Lien Series 2013A, 5.000%, 11/15/38 (Pre-refunded 11/15/23) | 11/23 at 100.00 | AAA | 12,446,466 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Oregon (continued) | ||||||
Salem Hospital Facility Authority, Oregon, Revenue Bonds, Salem Healthl Project, Refunding Series 2016A: | ||||||
$ 3,425 | 5.000%, 5/15/32 | 5/26 at 100.00 | AA- | $4,010,709 | ||
1,925 | 5.000%, 5/15/33 | 5/26 at 100.00 | AA- | 2,249,998 | ||
76,100 | Total Oregon | 77,812,940 | ||||
Pennsylvania – 5.3% | ||||||
Allegheny County Hospital Development Authority, Pennsylvania, Revenue Bonds, Allegheny Health Network Obligated Group Issue, Series 2018A: | ||||||
1,000 | 5.000%, 4/01/36 | 4/28 at 100.00 | A | 1,213,070 | ||
10,010 | 4.000%, 4/01/37 | 4/28 at 100.00 | A | 11,400,589 | ||
6,050 | 4.000%, 4/01/38 | 4/28 at 100.00 | A | 6,877,398 | ||
13,810 | 4.000%, 4/01/44 | 4/28 at 100.00 | A | 15,522,440 | ||
Allegheny County, Pennsylvania, General Obligation Bonds, Series C69-C70 of 2012: | ||||||
1,005 | 5.000%, 12/01/25 (Pre-refunded 12/01/22) | 12/22 at 100.00 | AA- (4) | 1,061,501 | ||
4,105 | 5.000%, 12/01/37 (Pre-refunded 12/01/22) | 12/22 at 100.00 | AA- (4) | 4,335,783 | ||
1,525 | Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, City Center Project, Series 2018, 5.000%, 5/01/28, 144A | No Opt. Call | Ba3 | 1,831,113 | ||
1,200 | Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.500%, 4/01/41 (6) | No Opt. Call | N/R | 1,500 | ||
7,770 | Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2008A, 2.700%, 4/01/35 (6) | No Opt. Call | N/R | 9,713 | ||
2,880 | Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Series 2006B, 3.500%, 12/01/35 (6) | No Opt. Call | N/R | 3,600 | ||
Berks County Industrial Development Authority, Pennsylvania, Health System Revenue Bonds, Tower Health Project, Series 2017: | ||||||
1,670 | 4.000%, 11/01/33 | 11/27 at 100.00 | BB- | 1,767,244 | ||
2,405 | 4.000%, 11/01/38 | 11/27 at 100.00 | BB- | 2,521,065 | ||
8,710 | 4.000%, 11/01/39 | 11/27 at 100.00 | BB- | 9,113,447 | ||
735 | 3.750%, 11/01/42 | 11/27 at 100.00 | BB- | 733,045 | ||
3,640 | 4.000%, 11/01/47 | 11/27 at 100.00 | BB- | 3,762,777 | ||
8,930 | 5.000%, 11/01/47 | 11/27 at 100.00 | BB- | 9,831,126 | ||
12,575 | Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2020B-2, 5.000%, 2/01/40 (Mandatory Put 2/01/27) | 8/26 at 101.63 | BB- | 14,183,091 | ||
11,910 | Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2020B-3, 5.000%, 2/01/40 (Mandatory Put 2/01/30) | 8/29 at 101.50 | BB- | 13,733,421 | ||
1,000 | Capital Region Water, Pennsylvania, Water Revenue Bonds, Series 2018, 5.000%, 7/15/27 | No Opt. Call | A+ | 1,225,230 | ||
3,590 | Clarion County Industrial Development Authority, Pennsylvania, Revenue Bonds, Pennsylvania-American Water Company Project, Refunding Series 2019, 2.450%, 12/01/39 (Mandatory Put 12/03/29) (AMT) | 12/29 at 100.00 | A+ | 3,818,180 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
Commonwealth Financing Authority, Pennslyvania, Revenue Bonds, Refunding Forward Delivery Series 2020A: | ||||||
$ 2,000 | 5.000%, 6/01/28 | No Opt. Call | A1 | $2,512,120 | ||
1,750 | 5.000%, 6/01/29 | No Opt. Call | A1 | 2,239,755 | ||
46,005 | Commonwealth Financing Authority, Pennsylvania, State Appropriation Lease Bonds, Master Settlement, Series 2018, 4.000%, 6/01/39 – AGM Insured | 6/28 at 100.00 | AA | 52,217,515 | ||
6,715 | Geisinger Authority, Montour County, Pennsylvania, Health System Revenue Bonds, Geisinger Health System, Series 2020B, 5.000%, 4/01/43 (Mandatory Put 2/15/27) | 8/26 at 100.00 | AA- | 8,060,283 | ||
11,755 | Geisinger Authority, Montour County, Pennsylvania, Health System Revenue Bonds, Geisinger Health System, Series 2020C, 5.000%, 4/01/43 (Mandatory Put 4/01/30) | 10/29 at 100.00 | AA- | 15,009,137 | ||
Indiana County Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Indiana Regional Medical Center, Series 2014A: | ||||||
410 | 5.000%, 6/01/22 | No Opt. Call | Ba3 | 419,541 | ||
790 | 5.000%, 6/01/24 | 6/23 at 100.00 | Ba3 | 834,019 | ||
525 | 5.000%, 6/01/25 | 6/23 at 100.00 | Ba3 | 553,103 | ||
370 | 5.125%, 6/01/26 | 6/23 at 100.00 | Ba3 | 389,666 | ||
460 | 5.375%, 6/01/28 | 6/23 at 100.00 | Ba3 | 484,233 | ||
12,575 | Lehigh County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, Pennsylvania Power and Light Company, Series 2016A, 1.800%, 9/01/29 (Mandatory Put 9/01/22) | No Opt. Call | A1 | 12,736,337 | ||
10,520 | Lehigh County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, Pennsylvania Power and Light Company, Series 2016B, 1.800%, 2/15/27 (Mandatory Put 8/15/22) | No Opt. Call | A1 | 10,648,554 | ||
11,890 | Luzerne County Industrial Development Authority, Pennsylvania, Revenue Bonds, Pennsylvania-American Water Company Project, Refunding Series 2019, 2.450%, 12/01/39 (Mandatory Put 12/03/29) (AMT) | 12/29 at 100.00 | A+ | 12,787,219 | ||
Montgomery County Higher Education and Health Authority, Pennsylvania, Revenue Bonds, AICUP Financing Program, Gwynedd Mercy University, Variable Rate Series 2017V-1B: | ||||||
960 | 4.000%, 5/01/36 (Mandatory Put 5/01/22) | No Opt. Call | BBB | 972,125 | ||
1,055 | 4.000%, 5/01/36 (Mandatory Put 5/01/23) | No Opt. Call | BBB | 1,098,677 | ||
8,285 | North Allegheny School District, Allegheny County, Pennsylvania, General Obligation Bonds, Limited Tax Series 2019, 4.000%, 5/01/44 | 5/29 at 100.00 | AA | 9,693,864 | ||
4,055 | Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, Shippingport Project, First Energy Guarantor, Series 2005A, 3.750%, 12/01/40 (6) | No Opt. Call | N/R | 5,069 | ||
3,455 | Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, Shippingport Project, First Energy Guarantor, Series 2006A, 2.550%, 11/01/41 (6) | No Opt. Call | N/R | 4,319 | ||
Pennsylvania Economic Development Financing Authority, Parking System Revenue Bonds, Capitol Region Parking System, Junior Guaranteed Series 2013B: | ||||||
1,975 | 5.500%, 1/01/25 | 1/24 at 100.00 | AA | 2,197,760 | ||
2,265 | 5.500%, 1/01/26 | 1/24 at 100.00 | AA | 2,515,192 | ||
2,265 | 5.500%, 1/01/27 | 1/24 at 100.00 | AA | 2,509,801 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
Pennsylvania Economic Development Financing Authority, Parking System Revenue Bonds, Capitol Region Parking System, Junior Insured Series 2013C: | ||||||
$ 515 | 5.500%, 1/01/25 – AGM Insured | 1/24 at 100.00 | AA | $573,087 | ||
1,110 | 5.500%, 1/01/26 – AGM Insured | 1/24 at 100.00 | AA | 1,232,611 | ||
2,505 | 5.500%, 1/01/28 – AGM Insured | 1/24 at 100.00 | AA | 2,771,206 | ||
2,050 | 5.500%, 1/01/29 – AGM Insured | 1/24 at 100.00 | AA | 2,268,346 | ||
1,255 | 5.500%, 1/01/31 – AGM Insured | 1/24 at 100.00 | AA | 1,388,796 | ||
3,000 | Pennsylvania Economic Development Financing Authority, Private Activity Revenue Bonds, Pennsylvania Rapid Bridge Replacement Project, Series 2015, 5.000%, 12/31/34 (AMT) | 6/26 at 100.00 | BBB | 3,529,170 | ||
2,395 | Pennsylvania Economic Development Financing Authority, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Project, Series 2004, 2.150%, 11/01/21 | No Opt. Call | A- | 2,398,497 | ||
2,685 | Pennsylvania Economic Development Financing Authority, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Project, Series 2017A, 0.580%, 8/01/37 (Mandatory Put 8/01/24) (AMT) | No Opt. Call | A- | 2,674,502 | ||
Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, LaSalle University, Series 2012: | ||||||
1,320 | 5.000%, 5/01/27 | 11/22 at 100.00 | BB+ | 1,359,019 | ||
10,850 | 5.000%, 5/01/42 | 11/22 at 100.00 | BB+ | 11,074,812 | ||
1,205 | Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Widener University, Series 2021A, 3.000%, 7/15/39 | 7/31 at 100.00 | A- | 1,262,756 | ||
19,870 | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2016-120, 3.100%, 10/01/36 | 10/25 at 100.00 | AA+ | 20,659,038 | ||
8,950 | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2016-121, 3.100%, 10/01/36 | 10/25 at 100.00 | AA+ | 9,287,952 | ||
11,435 | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2017-125A, 3.700%, 10/01/37 (AMT) | 4/27 at 100.00 | AA+ | 12,236,594 | ||
Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2019-128B: | ||||||
6,605 | 3.500%, 10/01/34 | 10/27 at 100.00 | AA+ | 7,124,087 | ||
3,000 | 3.850%, 4/01/38 | 10/27 at 100.00 | AA+ | 3,262,140 | ||
4,880 | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2019-131A, 3.000%, 10/01/39 | 4/29 at 100.00 | AA+ | 5,142,837 | ||
Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2020-133: | ||||||
2,295 | 2.125%, 10/01/35 | 10/29 at 100.00 | AA+ | 2,321,094 | ||
8,840 | 2.350%, 10/01/40 | 10/29 at 100.00 | AA+ | 8,939,980 | ||
Pennsylvania State, General Obligation Bonds, First Series 2021: | ||||||
10,000 | 5.000%, 5/15/26 | No Opt. Call | Aa3 | 12,010,400 | ||
21,160 | 5.000%, 5/15/27 | No Opt. Call | Aa3 | 26,135,774 | ||
Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Special Revenue Bonds, Subordinate Series 2014A: | ||||||
2,095 | 0.000%, 12/01/34 (7) | 12/26 at 100.00 | AA- | 2,384,131 | ||
5,000 | 0.000%, 12/01/37 (7) | 12/26 at 100.00 | AA- | 5,718,400 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
$ 16,020 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Capital Appreciation Series 2009E, 6.375%, 12/01/38 | 12/27 at 100.00 | A | $20,881,109 | ||
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Refunding Series 2019 Forward Delivery: | ||||||
4,615 | 5.000%, 12/01/24 | No Opt. Call | A1 | 5,271,899 | ||
5,130 | 5.000%, 12/01/25 | No Opt. Call | A1 | 6,054,631 | ||
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Refunding Subordinate Second Series 2016B-2: | ||||||
5,905 | 5.000%, 6/01/25 | No Opt. Call | A3 | 6,841,238 | ||
2,830 | 5.000%, 6/01/29 | 6/26 at 100.00 | A3 | 3,351,201 | ||
22,145 | 5.000%, 6/01/35 | 6/26 at 100.00 | A3 | 26,041,856 | ||
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Refunding Subordinate Second Series 2017: | ||||||
2,725 | 5.000%, 12/01/29 | 12/27 at 100.00 | A3 | 3,368,155 | ||
3,190 | 5.000%, 12/01/31 | 12/27 at 100.00 | A3 | 3,909,377 | ||
5,250 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Refunding Subordinate Series 2016A, 5.000%, 12/01/36 | 12/26 at 100.00 | A3 | 6,265,665 | ||
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Refunding Subordinate Third Series 2017: | ||||||
3,510 | 5.000%, 12/01/31 | 12/27 at 100.00 | A3 | 4,301,540 | ||
2,250 | 5.000%, 12/01/32 | 12/27 at 100.00 | A3 | 2,750,940 | ||
2,000 | 4.000%, 12/01/36 | 12/27 at 100.00 | A3 | 2,293,240 | ||
12,085 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2015A-1, 5.000%, 12/01/24 | No Opt. Call | A+ | 13,805,179 | ||
1,060 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2016A-1, 5.000%, 12/01/28 | 6/26 at 100.00 | A1 | 1,271,088 | ||
3,000 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2017A-1, 5.000%, 12/01/36 | 12/27 at 100.00 | A1 | 3,655,140 | ||
7,445 | Philadelphia Authority For Industrial Development, Pennsylvania, City Agreement Revenue Bonds, Cultural and Commercial Corridors Program, Refunding Series 2016A, 5.000%, 12/01/29 | 12/25 at 100.00 | A | 8,753,384 | ||
Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, La Salle University, Series 2017: | ||||||
1,835 | 5.000%, 5/01/31 | 11/27 at 100.00 | BB+ | 2,035,235 | ||
2,060 | 5.000%, 5/01/33 | 11/27 at 100.00 | BB+ | 2,273,952 | ||
1,165 | 5.000%, 5/01/34 | 11/27 at 100.00 | BB+ | 1,283,282 | ||
3,000 | Philadelphia School District, Pennsylvania, General Obligation Bonds, Refunding Series 2020 Forward Delivery, 5.000%, 9/01/22 | No Opt. Call | A+ | 3,128,250 | ||
6,995 | Sayre Healthcare Facility Authority, Pennsylvania, Revenue Bonds, Guthrie Healthcare System, Series 2007, 0.860%, 12/01/24 (3-Month LIBOR *0.67% reference rate + 0.780% spread) (5) | 11/21 at 100.00 | A+ | 7,012,627 | ||
4,265 | Scranton, Lackawanna County, Pennsylvania, General Obligation Notes, Series 2016, 5.000%, 11/15/26 | 5/24 at 100.00 | BB+ | 4,563,465 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
$ 1,990 | Scranton-Lackawanna Health and Welfare Authority, Pennsylvania, University Revenue Bonds, Marywood University, Series 2016, 3.375%, 6/01/26 | No Opt. Call | BB+ | $2,043,710 | ||
Southcentral Pennsylvania General Authority, Revenue Bonds, Hanover Hospital Inc, Series 2013: | ||||||
1,105 | 5.000%, 12/01/21 | No Opt. Call | A | 1,113,276 | ||
1,625 | 5.000%, 12/01/22 | No Opt. Call | A | 1,713,140 | ||
1,705 | 5.000%, 12/01/23 | 6/23 at 100.00 | A | 1,829,533 | ||
1,795 | 5.000%, 12/01/24 | 6/23 at 100.00 | A | 1,924,240 | ||
20,000 | University of Pittsburgh of the Commonwealth System of Higher Education, Pennsylvania, Pitt Asset Notes, Series 2021, 4.000%, 4/15/26 | 2/26 at 100.00 | AA+ | 22,890,600 | ||
3,120 | Washington County Industrial Development Authority, Pennsylvania, College Revenue Bonds, AICUP Financing Program-Washington and Jefferson College Project, Series 2017-PP5, 3.375%, 11/01/36 | 11/27 at 100.00 | BBB+ | 3,244,613 | ||
2,100 | Wilson School District, Berks County, Pennsylvania, General Obligation Bonds, Series 2021B, 4.000%, 5/15/29 | No Opt. Call | AA | 2,549,778 | ||
Wilson School District, Berks County, Pennsylvania, General Obligation Bonds, Series 2021C: | ||||||
2,275 | 4.000%, 5/15/29 | No Opt. Call | AA | 2,758,551 | ||
2,395 | 4.000%, 5/15/30 | 5/29 at 100.00 | AA | 2,894,597 | ||
2,100 | 4.000%, 5/15/31 | 5/29 at 100.00 | AA | 2,518,005 | ||
526,310 | Total Pennsylvania | 571,181,347 | ||||
Puerto Rico – 2.5% | ||||||
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Forward Delivery Series 2022A: | ||||||
4,750 | 5.000%, 7/01/28, 144A (WI/DD, Settling 6/15/22) | No Opt. Call | N/R | 5,558,308 | ||
6,800 | 5.000%, 7/01/29, 144A (WI/DD, Settling 6/15/22) | No Opt. Call | N/R | 8,082,956 | ||
8,030 | 5.000%, 7/01/33, 144A (WI/DD, Settling 6/15/22) | 7/32 at 100.00 | N/R | 9,819,967 | ||
350 | Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Series 2021A, 5.000%, 7/01/33, 144A | 7/31 at 100.00 | N/R | 448,214 | ||
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Series 2021B: | ||||||
11,705 | 5.000%, 7/01/24, 144A | No Opt. Call | N/R | 13,033,517 | ||
5,625 | 5.000%, 7/01/25, 144A | No Opt. Call | N/R | 6,456,431 | ||
11,515 | 5.000%, 7/01/33, 144A | 7/31 at 100.00 | N/R | 14,746,109 | ||
5,350 | 5.000%, 7/01/37, 144A | 7/31 at 100.00 | N/R | 6,746,457 | ||
5,575 | 4.000%, 7/01/42, 144A | 7/31 at 100.00 | N/R | 6,343,904 | ||
7,590 | Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2008A, 6.125%, 7/01/24 | No Opt. Call | CCC | 8,299,058 | ||
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2012A: | ||||||
730 | 5.000%, 7/01/33 | 7/22 at 100.00 | CCC | 755,835 | ||
85 | 5.125%, 7/01/37 | 7/22 at 100.00 | CCC | 88,087 | ||
570 | 5.250%, 7/01/42 | 7/22 at 100.00 | CCC | 591,233 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Puerto Rico (continued) | ||||||
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1: | ||||||
$ 1,186 | 0.000%, 7/01/24 | No Opt. Call | N/R | $1,133,686 | ||
15,217 | 0.000%, 7/01/27 | No Opt. Call | N/R | 13,752,516 | ||
33,697 | 0.000%, 7/01/29 | 7/28 at 98.64 | N/R | 29,063,326 | ||
30,550 | 0.000%, 7/01/31 | 7/28 at 91.88 | N/R | 24,381,038 | ||
59,672 | 0.000%, 7/01/33 | 7/28 at 86.06 | N/R | 44,307,653 | ||
4,627 | 4.500%, 7/01/34 | 7/25 at 100.00 | N/R | 5,088,775 | ||
12 | 0.000%, 7/01/51 | 7/28 at 30.01 | N/R | 2,867 | ||
944 | 4.750%, 7/01/53 | 7/28 at 100.00 | N/R | 1,058,630 | ||
23 | 5.000%, 7/01/58 | 7/28 at 100.00 | N/R | 26,145 | ||
4,743 | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured Cofina Project Series 2018B-1, 4.500%, 7/01/34 | 7/25 at 100.00 | N/R | 5,216,351 | ||
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2: | ||||||
24,213 | 4.329%, 7/01/40 | 7/28 at 100.00 | N/R | 26,910,570 | ||
25,344 | 4.329%, 7/01/40 | 7/28 at 100.00 | N/R | 28,167,575 | ||
3,703 | 4.784%, 7/01/58 | 7/28 at 100.00 | N/R | 4,160,543 | ||
272,606 | Total Puerto Rico | 264,239,751 | ||||
Rhode Island – 0.9% | ||||||
Rhode Island Health and Educational Building Corporation, Educational Institution Revenue Bonds, St George's School, Series 2021: | ||||||
1,275 | 5.000%, 10/01/28 | No Opt. Call | AA- | 1,619,161 | ||
2,010 | 4.000%, 10/01/46 | 10/31 at 100.00 | AA- | 2,368,926 | ||
Rhode Island Health and Educational Building Corporation, Public Schools Financing Program Revenue Bonds, City of Providence, Series 2021D: | ||||||
1,250 | 5.000%, 5/15/27 – BAM Insured | No Opt. Call | AA | 1,540,063 | ||
1,000 | 5.000%, 5/15/29 – BAM Insured | No Opt. Call | AA | 1,285,440 | ||
4,350 | Rhode Island Health and Educational Building Corporation, Revenue Bonds, Care New England Health System, Series 2013A, 5.500%, 9/01/28 (Pre-refunded 9/01/23) | 9/23 at 100.00 | N/R (4) | 4,789,741 | ||
4,125 | Rhode Island Housing & Mortgage Finance Corporation, Homeownership Opportunity Bond Program, 2019 Series 70, 3.000%, 10/01/39 | 10/28 at 100.00 | AA+ | 4,347,173 | ||
3,900 | Rhode Island Housing & Mortgage Finance Corporation, Homeownership Opportunity Bond Program, 2019 Series 71, 3.000%, 10/01/39 | 4/29 at 100.00 | AA+ | 4,110,054 | ||
13,950 | Rhode Island Housing & Mortgage Finance Corporation, Homeownership Opportunity Bond Program, 2021 Series 75A, 2.250%, 10/01/41 | 4/30 at 100.00 | AA+ | 13,661,095 | ||
10,000 | Rhode Island Housing & Mortgage Finance Corporation, Homeownership Opportunity Bonds, Series 73-A, 2.300%, 10/01/40 | 10/29 at 100.00 | AA+ | 10,003,700 | ||
4,550 | Rhode Island Housing and Mortgage Finance Corporation, Homeownership Opportunity Bond Program, Series 2020-72A, 2.550%, 10/01/40 | 10/29 at 100.00 | AA+ | 4,601,051 | ||
136,145 | Rhode Island Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed Bonds, Series 2007A, 0.000%, 6/01/52 | 10/21 at 16.36 | CCC- | 22,635,468 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Rhode Island (continued) | ||||||
Rhode Island, General Obligation Bonds, Consolidated Capital Development Loan, Series 2021A: | ||||||
$ 3,855 | 5.000%, 5/01/25 | No Opt. Call | AA | $4,487,104 | ||
4,050 | 5.000%, 5/01/26 | No Opt. Call | AA | 4,868,788 | ||
4,250 | 5.000%, 5/01/27 | No Opt. Call | AA | 5,251,980 | ||
4,465 | 5.000%, 5/01/28 | No Opt. Call | AA | 5,652,958 | ||
199,175 | Total Rhode Island | 91,222,702 | ||||
South Carolina – 1.0% | ||||||
20 | Charleston County School District, South Carolina, General Obligation Bond Anticipation Notes, Sales Tax Projects Phase IV, Series 2021B, 4.000%, 5/11/22 | No Opt. Call | N/R | 20,475 | ||
5,770 | Greenville Hospital System Board of Trustees, South Carolina, Hospital Revenue Bonds, Series 2014B, 5.000%, 5/01/34 | 5/24 at 100.00 | A | 6,396,680 | ||
Lexington County Health Services District, Inc, South Carolina, Hospital Revenue Bonds, Lexington Medical Center, Series 2016: | ||||||
1,055 | 5.000%, 11/01/34 | 5/26 at 100.00 | A1 | 1,221,247 | ||
1,170 | 5.000%, 11/01/35 | 5/26 at 100.00 | A1 | 1,351,303 | ||
6,650 | Patriots Energy Group Financing Agency, South Carolina, Gas Supply Revenue Bonds, Series 2018A, 4.000%, 10/01/48 (Mandatory Put 2/01/24) | 11/23 at 100.30 | Aa2 | 7,159,456 | ||
1,000 | Patriots Energy Group, South Carolina, Gas System Revenue Bonds, Improvement and Refunding Series 2021A, 2.250%, 6/01/41 | 6/31 at 100.00 | A2 | 941,830 | ||
2,955 | South Carolina Housing Finance and Development Authority, Mortgage Revenue Bonds, Series 2019B, 2.900%, 7/01/39 | 1/29 at 100.00 | Aaa | 3,099,647 | ||
6,000 | South Carolina Housing Finance and Development Authority, Mortgage Revenue Bonds, Series 2020B, 2.150%, 7/01/40 | 1/30 at 100.00 | Aaa | 5,913,180 | ||
18,195 | South Carolina Housing Finance and Development Authority, Mortgage Revenue Bonds, Series 2021A, 2.050%, 7/01/41 | 7/30 at 100.00 | Aaa | 17,530,337 | ||
South Carolina Jobs-Economic Development Authority, Economic Development Revenue Bonds, FMU Student Housing LLC - Francis Marion University Project, Series 2014A: | ||||||
1,910 | 5.000%, 8/01/27 | 8/24 at 100.00 | Baa3 | 2,090,323 | ||
3,925 | 5.000%, 8/01/32 | 8/24 at 100.00 | Baa3 | 4,246,889 | ||
South Carolina Jobs-Economic Development Authority, Hospital Revenue Bonds, Bon Secours Health System Obligated Group, Series 2012: | ||||||
7,570 | 5.000%, 11/01/27 (Pre-refunded 11/01/22) | 11/22 at 100.00 | N/R (4) | 7,961,672 | ||
1,275 | 5.000%, 11/01/29 (Pre-refunded 11/01/22) | 11/22 at 100.00 | N/R (4) | 1,340,969 | ||
South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding & Improvement Series 2015A: | ||||||
3,135 | 5.000%, 12/01/31 | 6/25 at 100.00 | A | 3,587,851 | ||
8,420 | 5.000%, 12/01/50 | 6/25 at 100.00 | A | 9,563,773 | ||
South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding & Improvement Series 2020A: | ||||||
2,850 | 5.000%, 12/01/31 | 12/30 at 100.00 | A | 3,717,283 | ||
2,675 | 5.000%, 12/01/32 | 12/30 at 100.00 | A | 3,472,204 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
South Carolina (continued) | ||||||
South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding Series 2016A: | ||||||
$ 7,820 | 5.000%, 12/01/29 | 6/26 at 100.00 | A | $9,262,086 | ||
4,185 | 5.000%, 12/01/31 | 6/26 at 100.00 | A | 4,940,602 | ||
South Carolina State, General Obligation Bonds, Refunding State Transportation Infrastructure Series 2021A: | ||||||
3,185 | 3.000%, 4/01/26 | No Opt. Call | Aaa | 3,532,133 | ||
3,325 | 3.000%, 4/01/27 | No Opt. Call | Aaa | 3,739,893 | ||
1,960 | 3.000%, 4/01/28 | No Opt. Call | Aaa | 2,229,206 | ||
1,580 | Spartanburg Regional Health Services District, Inc, South Carolina, Hosptial Revenue Bonds, Refunding Series 2012A, 5.000%, 4/15/32 | 4/22 at 100.00 | A | 1,616,435 | ||
96,630 | Total South Carolina | 104,935,474 | ||||
South Dakota – 0.3% | ||||||
Mitchell School District 17-2, South Dakota, General Obligation Bonds, Limited Tax Refunding Certificates, Series 2021: | ||||||
200 | 2.000%, 8/01/26 | No Opt. Call | AA+ | 210,974 | ||
400 | 2.000%, 8/01/27 | No Opt. Call | AA+ | 424,252 | ||
400 | 2.000%, 8/01/29 | 8/27 at 100.00 | AA+ | 417,776 | ||
South Dakota Building Authority, Revenue Bonds, Series 2013B: | ||||||
715 | 5.000%, 6/01/22 | No Opt. Call | AA+ | 737,165 | ||
1,080 | 5.000%, 6/01/24 (Pre-refunded 6/01/23) | 6/23 at 100.00 | AA+ (4) | 1,165,968 | ||
1,525 | South Dakota Health and Educational Facilities Authority, Revenue Bonds, Monument Health, Inc, Series 2020A, 5.000%, 9/01/27 | No Opt. Call | AA- | 1,877,062 | ||
2,410 | South Dakota Health and Educational Facilities Authority, Revenue Bonds, Regional Health, Refunding Series 2017, 5.000%, 9/01/31 | 9/27 at 100.00 | AA- | 2,877,829 | ||
6,500 | South Dakota Health and Educational Facilities Authority, Reveune Bonds, Avera Health, Series 2019A, 5.000%, 7/01/33 (Mandatory Put 7/01/24) | 4/24 at 100.00 | AA- | 7,217,080 | ||
2,785 | South Dakota Housing Development Authority, Homeownership Mortgage Revenue Bonds, Series 2018B, 3.850%, 11/01/33 | 11/27 at 100.00 | AAA | 3,055,591 | ||
760 | South Dakota Housing Development Authority, Homeownership Mortgage Revenue Bonds, Series 2019A, 3.800%, 11/01/39 | 5/28 at 100.00 | AAA | 826,971 | ||
3,925 | South Dakota Housing Development Authority, Homeownership Mortgage Revenue Bonds, Series 2021A, 2.100%, 11/01/41 | 5/30 at 100.00 | AAA | 3,811,214 | ||
7,400 | South Dakota Housing Development Authority, Homeownership Mortgage Revenue Bonds, Series 2021B, 2.050%, 11/01/41 | 5/30 at 100.00 | AAA | 7,137,744 | ||
28,100 | Total South Dakota | 29,759,626 | ||||
Tennessee – 1.5% | ||||||
2,265 | Chattanooga-Hamilton County Hospital Authority, Tennessee, Hospital Revenue Bonds, Erlanger Health System, Refunding Series 2014A, 5.000%, 10/01/28 | 10/24 at 100.00 | BBB | 2,530,367 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tennessee (continued) | ||||||
Knox County Health, Educational and Housing Facilities Board, Tennessee, Revenue Bonds, University Health System, Inc, Series 2017: | ||||||
$ 2,855 | 3.375%, 4/01/26 | No Opt. Call | BBB | $3,159,971 | ||
3,250 | 5.000%, 4/01/29 | 4/27 at 100.00 | BBB | 3,838,087 | ||
2,500 | 5.000%, 4/01/30 | 4/27 at 100.00 | BBB | 2,932,325 | ||
2,725 | 5.000%, 4/01/31 | 4/27 at 100.00 | BBB | 3,178,522 | ||
Knox County Health, Educational and Housing Facility Board, Tennessee, Hospital Revenue Bonds, Covenant Health, Refunding Series 2012A: | ||||||
1,400 | 4.000%, 1/01/22 | No Opt. Call | A+ | 1,412,642 | ||
1,390 | 4.000%, 1/01/23 | No Opt. Call | A+ | 1,453,704 | ||
3,180 | 5.000%, 1/01/23 | No Opt. Call | A+ | 3,365,108 | ||
2,110 | 5.000%, 1/01/24 | 1/23 at 100.00 | A+ | 2,228,751 | ||
Memphis and Shelby County Port Commission, Tennessee, Port Development Revenue Bonds, Series 2011: | ||||||
1,480 | 5.250%, 4/01/23 | 11/21 at 100.00 | AA | 1,485,476 | ||
1,560 | 5.250%, 4/01/24 | 11/21 at 100.00 | AA | 1,565,990 | ||
1,240 | 5.250%, 4/01/25 | 11/21 at 100.00 | AA | 1,244,762 | ||
8,300 | Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Vanderbilt University Medical Center, Series 2016A, 5.000%, 7/01/35 | 7/26 at 100.00 | A3 | 9,835,832 | ||
1,250 | Metropolitan Government of Nashville-Davidson County, Tennessee, Electric System Revenue Bonds, Series 2021A, 5.000%, 5/15/28 | No Opt. Call | AA+ | 1,581,275 | ||
Murfreesboro, Tennessee, General Obligation Bonds, Series 2021: | ||||||
4,440 | 5.000%, 6/01/27 | No Opt. Call | Aa1 | 5,493,257 | ||
4,340 | 5.000%, 6/01/28 | No Opt. Call | Aa1 | 5,505,637 | ||
4,435 | 3.000%, 6/01/30 | 6/29 at 100.00 | Aa1 | 5,046,232 | ||
11,395 | Tennergy Corporation, Tennessee, Gas Revenue Bonds, Series 2021A, 4.000%, 12/01/51 (Mandatory Put 9/01/28) | 6/28 at 100.68 | A1 | 13,443,593 | ||
615 | Tennessee Housing Development Agency, Residential Finance Program Bonds, Series 2015-1C, 3.950%, 7/01/35 | 1/25 at 100.00 | AA+ | 644,028 | ||
4,275 | Tennessee Housing Development Agency, Residential Finance Program Bonds, Series 2018-3, 3.750%, 7/01/38 | 7/27 at 100.00 | AA+ | 4,465,109 | ||
8,660 | Tennessee Housing Development Agency, Residential Finance Program Bonds, Series 2018-4, 3.900%, 7/01/38 | 1/28 at 100.00 | AA+ | 9,507,987 | ||
8,190 | Tennessee Housing Development Agency, Residential Finance Program Bonds, Series 2019-1, 3.750%, 7/01/39 | 7/28 at 100.00 | AA+ | 8,508,100 | ||
8,850 | Tennessee Housing Development Agency, Residential Finance Program Bonds, Series 2019-2, 3.000%, 7/01/39 | 7/28 at 100.00 | AA+ | 9,344,803 | ||
3,390 | Tennessee Housing Development Agency, Residential Finance Program Bonds, Series 2019-3, 2.600%, 7/01/39 | 1/29 at 100.00 | AA+ | 3,488,107 | ||
5,315 | Tennessee Housing Development Agency, Residential Finance Program Bonds, Series 2019-4, 2.900%, 7/01/39 | 1/29 at 100.00 | AA+ | 5,593,400 | ||
4,270 | Tennessee Housing Development Agency, Residential Finance Program Bonds, Series 2021-1, 2.250%, 7/01/41 | 7/30 at 100.00 | AA+ | 4,228,965 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tennessee (continued) | ||||||
$ 7,185 | Tennessee Housing Development Agency, Residential Finance Program Bonds, Series 2021-2, 2.250%, 7/01/41 | 7/30 at 100.00 | AA+ | $6,971,174 | ||
5,000 | The Tennessee Energy Acquisition Corporation, Gas Project Revenue Bonds, Series 2018, 4.000%, 11/01/49 (Mandatory Put 11/01/25) | 8/25 at 100.22 | A2 | 5,605,600 | ||
4,455 | The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Commodity Project, Series 2021A, 5.000%, 5/01/52 (Mandatory Put 11/01/31) | 8/31 at 100.85 | A2 | 5,814,399 | ||
27,255 | The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006C, 4.000%, 5/01/48 (Mandatory Put 5/01/23) | 2/23 at 100.43 | A2 | 28,626,472 | ||
147,575 | Total Tennessee | 162,099,675 | ||||
Texas – 4.8% | ||||||
Aransas County, Texas, Limited Tax Notes, Series 2021: | ||||||
1,890 | 3.000%, 2/15/25 | 8/22 at 100.00 | AA | 1,929,066 | ||
3,855 | 3.000%, 2/15/26 | 8/22 at 100.00 | AA | 3,929,055 | ||
4,075 | 3.000%, 2/15/27 | 8/22 at 100.00 | AA | 4,147,576 | ||
Arlington Independent School District, Tarrant County, Texas, General Obligation Bonds, School Building Series 2021: | ||||||
1,255 | 5.000%, 2/15/25 | No Opt. Call | AAA | 1,449,199 | ||
1,250 | 5.000%, 2/15/26 | No Opt. Call | AAA | 1,489,900 | ||
1,200 | 5.000%, 2/15/27 | No Opt. Call | AAA | 1,470,900 | ||
1,200 | 5.000%, 2/15/28 | No Opt. Call | AAA | 1,507,200 | ||
1,500 | 5.000%, 2/15/29 | No Opt. Call | AAA | 1,925,355 | ||
Austin Convention Enterprises Inc, Texas, Convention Center Hotel Revenue Bonds, Refunding First Tier Series 2017A: | ||||||
2,610 | 5.000%, 1/01/28 | 1/27 at 100.00 | BB+ | 2,988,998 | ||
2,840 | 5.000%, 1/01/30 | 1/27 at 100.00 | BB+ | 3,217,578 | ||
1,600 | 5.000%, 1/01/32 | 1/27 at 100.00 | BB+ | 1,804,144 | ||
1,025 | Austin Independent School District, Travis County, Texas, General Obligation Bonds, Refunding and Building Series 2021, 5.000%, 8/01/25 | No Opt. Call | Aaa | 1,200,562 | ||
5,000 | Austin, Texas, Airport System Revenue Bonds, Refunding Series 2019, 5.000%, 11/15/21 (AMT) | No Opt. Call | A1 | 5,027,100 | ||
4,000 | Austin, Texas, Electric Utility System Revenue Bonds, Refunding & Improvement Series 2020A, 5.000%, 11/15/26 | No Opt. Call | AA | 4,867,440 | ||
3,075 | Central Texas Regional Mobility Authority, Revenue Bonds, Anticipation Notes Subordinate Lien Series 2020F, 5.000%, 1/01/25 | 7/24 at 100.00 | BBB+ | 3,438,957 | ||
6,910 | Central Texas Regional Mobility Authority, Revenue Bonds, Anticipation Notes Subordinate Lien Series 2021C, 5.000%, 1/01/27 | 1/26 at 100.00 | BBB+ | 8,071,986 | ||
3,470 | Central Texas Regional Mobility Authority, Revenue Bonds, Refunding Senior Lien Series 2013A, 5.000%, 1/01/33 (Pre-refunded 1/01/23) | 1/23 at 100.00 | A- (4) | 3,677,784 | ||
Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien, Series 2015A: | ||||||
1,945 | 5.000%, 1/01/32 | 7/25 at 100.00 | A- | 2,233,502 | ||
1,390 | 5.000%, 1/01/33 | 7/25 at 100.00 | A- | 1,594,330 | ||
1,165 | 5.000%, 1/01/34 | 7/25 at 100.00 | A- | 1,336,010 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien, Series 2016: | ||||||
$ 2,000 | 5.000%, 1/01/33 | 1/26 at 100.00 | A- | $2,321,620 | ||
1,670 | 5.000%, 1/01/35 | 1/26 at 100.00 | A- | 1,936,666 | ||
City of Houston, Texas, Convention & Entertainment Facilities Department Hotel Occupancy Tax and Special Revenue Bonds, Refunding Series 2019: | ||||||
1,120 | 5.000%, 9/01/32 | 9/28 at 100.00 | A | 1,380,198 | ||
1,000 | 5.000%, 9/01/34 | 9/28 at 100.00 | A | 1,225,650 | ||
1,000 | 5.000%, 9/01/35 | 9/28 at 100.00 | A | 1,223,820 | ||
1,000 | 5.000%, 9/01/36 | 9/28 at 100.00 | A | 1,220,900 | ||
230 | Clifton Higher Education Finance Corporation, Texas, Education Revenue Bonds, Idea Public Schools, Series 2012, 3.750%, 8/15/22 | No Opt. Call | A- | 236,856 | ||
20,000 | Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Refunding & Improvement Series 2016, 1.600%, 11/01/21, 144A (AMT) | No Opt. Call | A | 20,020,800 | ||
3,750 | Fort Bend County Industrial Development Corporation, Texas, Revenue Bonds, NRG Energy Inc Project, Series 2012B, 4.750%, 11/01/42 | 11/22 at 100.00 | Baa2 | 3,895,912 | ||
11,750 | Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Bond Anticipation Note Series 2014A, 5.000%, 2/01/23 | No Opt. Call | A+ | 12,462,990 | ||
10,010 | Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Refunding First Tier Series 2020C, 4.000%, 10/01/45 | 4/30 at 100.00 | A+ | 11,523,612 | ||
8,225 | Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Subordinate Lien Series 2013B, 5.000%, 4/01/53 (Pre-refunded 10/01/23) | 10/23 at 100.00 | AA (4) | 9,009,336 | ||
Hale Center Education Facilities Corporation, Texas, Revenue Bonds, Wayland Baptist University Project, Improvement and Refunding Series 2010: | ||||||
550 | 4.000%, 3/01/22 | 11/21 at 100.00 | BBB+ | 551,513 | ||
800 | 4.000%, 3/01/23 | 11/21 at 100.00 | BBB+ | 802,168 | ||
440 | 4.250%, 3/01/25 | 11/21 at 100.00 | BBB+ | 441,342 | ||
Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Memorial Hermann Health System, Refunding Series 2020A: | ||||||
5,215 | 4.125%, 7/01/26 | No Opt. Call | A+ | 6,055,658 | ||
4,025 | 3.950%, 7/01/27 | No Opt. Call | A+ | 4,726,074 | ||
3,060 | 3.750%, 7/01/28 | No Opt. Call | A+ | 3,608,689 | ||
6,890 | Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Memorial Hermann Health System, Series 2019B-2, 5.000%, 7/01/49 (Mandatory Put 12/01/24) | 9/24 at 100.84 | A+ | 7,853,498 | ||
5,420 | Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Memorial Hermann Health System, Series 2019B-3, 5.000%, 7/01/49 (Mandatory Put 12/01/26) | 9/26 at 100.78 | A+ | 6,551,588 | ||
1,000 | Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Memorial Hermann Health System, Series 2020 Forward Delivery, 5.000%, 6/01/22 | No Opt. Call | A+ | 1,031,880 | ||
Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Memorial Hermann Healthcare System, Refunding Series 2013A: | ||||||
1,900 | 5.000%, 12/01/23 | 12/22 at 100.00 | A+ | 2,005,564 | ||
18,025 | 4.000%, 12/01/31 (Pre-refunded 12/01/22) | 12/22 at 100.00 | A+ (4) | 18,808,366 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
$ 6,145 | Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Memorial Hermann Healthcare System, Series 2014A, 5.000%, 12/01/29 (Pre-refunded 12/01/24) | 12/24 at 100.00 | A+ (4) | $7,041,678 | ||
2,000 | Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Texas Childrens Hospital, Series 2019A, 4.000%, 10/01/35 | 10/29 at 100.00 | AA | 2,368,520 | ||
5,070 | Harris County Flood Control District, Texas, General Obligation Bonds, Refunding Contract Tax Series 2014A, 5.000%, 10/01/25 | 10/24 at 100.00 | Aaa | 5,785,681 | ||
6,965 | Harris County Metropolitan Transit Authority, Texas, Sales and Use Tax Revenue Bonds, Series 2011A, 5.000%, 11/01/41 (Pre-refunded 11/01/21) | 11/21 at 100.00 | AAA | 6,990,562 | ||
425 | Harris County-Houston Sports Authority, Texas, Revenue Bonds, Refunding Second Lien Series 2014C, 5.000%, 11/15/23 | No Opt. Call | Baa1 | 459,961 | ||
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Refunding Senior Lien Series 2014A: | ||||||
4,795 | 5.000%, 11/15/24 – AGM Insured | No Opt. Call | AA | 5,421,179 | ||
4,600 | 5.000%, 11/15/25 – AGM Insured | 11/24 at 100.00 | AA | 5,178,082 | ||
3,745 | 5.000%, 11/15/26 – AGM Insured | 11/24 at 100.00 | AA | 4,200,879 | ||
12,050 | 5.000%, 11/15/27 – AGM Insured | 11/24 at 100.00 | AA | 13,513,352 | ||
5,240 | Houston Independent School District, Harris County, Texas, General Obligation Bonds, Refunding Limited Tax Schoolhouse Series 2013A, 4.000%, 2/15/31 | 2/23 at 100.00 | AAA | 5,489,319 | ||
11,815 | Houston Independent School District, Harris County, Texas, General Obligation Bonds, Refunding Schoolhouse Series 2016A, 4.000%, 2/15/34 | 2/26 at 100.00 | AAA | 13,295,892 | ||
Houston, Texas, Airport System Revenue Bonds, Refunding Subordinate Lien Series 2012B: | ||||||
18,675 | 5.000%, 7/01/31 (Pre-refunded 7/01/22) | 7/22 at 100.00 | A (4) | 19,350,288 | ||
5,025 | 5.000%, 7/01/32 (Pre-refunded 7/01/22) | 7/22 at 100.00 | A (4) | 5,206,704 | ||
2,440 | Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines, Inc Terminal E Project, Refunding Series 2014, 5.000%, 7/01/29 (AMT) | 7/24 at 100.00 | Ba3 | 2,657,990 | ||
740 | Houston, Texas, Airport System Special Facilities Revenue Bonds, United Airlines, Inc Terminal E Project, Series 2021B-1, 4.000%, 7/15/41 (AMT) | 7/29 at 100.00 | B- | 788,744 | ||
Houston, Texas, Combined Utility System Revenue Bonds, Refunding First Lien Series 2018D: | ||||||
3,000 | 5.000%, 11/15/32 | 11/28 at 100.00 | Aa2 | 3,779,190 | ||
2,590 | 5.000%, 11/15/33 | 11/28 at 100.00 | Aa2 | 3,259,593 | ||
1,900 | Houston, Texas, Combined Utility System Revenue Bonds, Refunding First Lien Series 2021A, 5.000%, 11/15/27 | No Opt. Call | AA | 2,371,732 | ||
6,000 | Houston, Texas, General Obligation Bonds, Refunding Public Improvement Series 2017A, 5.000%, 3/01/22 | No Opt. Call | AA | 6,119,880 | ||
1,325 | Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment Facilities Department, Refunding Series 2014, 5.000%, 9/01/31 | 9/24 at 100.00 | A | 1,471,333 | ||
1,000 | Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment Facilities Department, Refunding Series 2021, 3.000%, 9/01/33 | 9/31 at 100.00 | A | 1,092,460 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment Project, Series 2001B: | ||||||
$ 8,005 | 0.010%, 9/01/22 – AMBAC Insured | No Opt. Call | A | $7,962,734 | ||
3,815 | 0.000%, 9/01/23 – AMBAC Insured | No Opt. Call | A | 3,763,765 | ||
2,265 | Laredo Community College District, Webb County, Texas, General Obligation Bonds, Series 2014, 5.000%, 8/01/32 (Pre-refunded 8/01/24) | 8/24 at 100.00 | AA- (4) | 2,565,588 | ||
Love Field Airport Modernization Corporation, Texas, General Airport Revenue Bonds Series 2015: | ||||||
1,000 | 5.000%, 11/01/26 (AMT) | 11/25 at 100.00 | A1 | 1,171,460 | ||
2,025 | 5.000%, 11/01/27 (AMT) | 11/25 at 100.00 | A1 | 2,370,424 | ||
1,570 | 5.000%, 11/01/28 (AMT) | 11/25 at 100.00 | A1 | 1,835,047 | ||
2,000 | 5.000%, 11/01/29 (AMT) | 11/25 at 100.00 | A1 | 2,334,140 | ||
2,000 | 5.000%, 11/01/30 (AMT) | 11/25 at 100.00 | A1 | 2,330,640 | ||
1,855 | Lower Colorado River Authority, Texas, Transmission Contract Revenue Bonds, LCRA Transmission Services Corporation Project, Refunding Series 2018, 5.000%, 5/15/22 | No Opt. Call | A+ | 1,910,168 | ||
Lower Colorado River Authority, Texas, Transmission Contract Revenue Bonds, LCRA Transmission Services Corporation Project, Refunding Series 2021: | ||||||
4,500 | 5.000%, 5/15/25 | No Opt. Call | A+ | 5,227,110 | ||
3,825 | 5.000%, 5/15/26 | No Opt. Call | A+ | 4,582,388 | ||
2,000 | 5.000%, 5/15/27 | No Opt. Call | A+ | 2,461,620 | ||
2,100 | 5.000%, 5/15/28 | No Opt. Call | A+ | 2,644,236 | ||
McCamey County Hospital District, Texas, General Obligation Bonds, Series 2013: | ||||||
3,045 | 5.000%, 12/01/25 | No Opt. Call | B1 | 3,323,130 | ||
2,720 | 5.250%, 12/01/28 | 12/25 at 100.00 | B1 | 2,950,520 | ||
2,700 | Mission Economic Development Corporation, Texas, Revenue Bonds, Natgasoline Project, Senior Lien Series 2018, 4.625%, 10/01/31, 144A (AMT) | 10/21 at 105.00 | BB- | 2,839,509 | ||
North Central Texas Health Facilities Development Corporation, Texas, Revenue Bonds, Children's Medical Center Dallas Project, Series 2012: | ||||||
4,500 | 5.000%, 8/15/24 (Pre-refunded 8/15/22) | 8/22 at 100.00 | AA (4) | 4,687,515 | ||
4,720 | 5.000%, 8/15/25 (Pre-refunded 8/15/22) | 8/22 at 100.00 | AA (4) | 4,916,682 | ||
3,945 | 5.000%, 8/15/26 (Pre-refunded 8/15/22) | 8/22 at 100.00 | AA (4) | 4,109,388 | ||
7,065 | 5.000%, 8/15/27 (Pre-refunded 8/15/22) (4) | 8/22 at 100.00 | AA | 7,359,399 | ||
North Texas Tollway Authority, Special Projects System Revenue Bonds, Convertible Capital Appreciation Series 2011C: | ||||||
3,855 | 0.000%, 9/01/43 (Pre-refunded 9/01/31) (7) | 9/31 at 100.00 | N/R (4) | 5,370,979 | ||
9,130 | 6.750%, 9/01/45 (Pre-refunded 9/01/31) | 9/31 at 100.00 | N/R (4) | 13,828,389 | ||
North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2019A: | ||||||
5,000 | 3.000%, 1/01/35 | 1/29 at 100.00 | A+ | 5,404,500 | ||
5,310 | 4.000%, 1/01/36 | 1/29 at 100.00 | A+ | 6,222,205 | ||
10,070 | North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2020A, 4.000%, 1/01/37 | 1/29 at 100.00 | A+ | 11,769,816 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
Port Beaumont Navigation District, Jefferson County, Texas, Dock and Wharf Facility Revenue Bonds, Jefferson Gulf Coast Energy Project, Series 2021A: | ||||||
$ 1,365 | 2.750%, 1/01/36 (AMT), 144A | 7/23 at 103.00 | N/R | $1,349,070 | ||
1,435 | 2.875%, 1/01/41 (AMT), 144A | 7/23 at 103.00 | N/R | 1,410,935 | ||
2,315 | Round Rock, Texas, Combined Tax and Revenue Certificates of Obligation, Series 2021A, 2.000%, 8/15/43 | 8/30 at 100.00 | AAA | 2,148,297 | ||
Round Rock, Texas, Combined Tax and Revenue Certificates of Obligation, Series 2021C: | ||||||
1,180 | 2.000%, 8/15/43 | 8/30 at 100.00 | AAA | 1,095,028 | ||
1,520 | 2.000%, 8/15/46 | 8/30 at 100.00 | AAA | 1,377,880 | ||
4,830 | Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Baylor Health Care System, Series 2011A, 5.000%, 11/15/30 (Pre-refunded 11/15/21) | 11/21 at 100.00 | AA- (4) | 4,856,903 | ||
1,315 | Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Hendrick Medical Center, Refunding Series 2013, 5.125%, 9/01/33 (Pre-refunded 9/01/23) | 9/23 at 100.00 | A3 (4) | 1,435,901 | ||
2,680 | Texas Department of Housing and Community Affairs, Single Family Mortgage Revenue Bonds, Series 2018A, 4.125%, 9/01/38 | 9/27 at 100.00 | Aaa | 2,892,229 | ||
4,900 | Texas Department of Housing and Community Affairs, Single Family Mortgage Revenue Bonds, Series 2021A, 2.050%, 9/01/41 | 3/30 at 100.00 | Aaa | 4,796,904 | ||
Texas Private Activity Bond Surface Transporation Corporation, Revenue Bonds, NTE Mobility Partners LLC North Tarrant Express Managed Lanes Project, Refunding Senior Lien Series 2019A: | ||||||
12,000 | 4.000%, 12/31/37 | 12/29 at 100.00 | Baa2 | 13,905,360 | ||
10,845 | 4.000%, 12/31/39 | 12/29 at 100.00 | Baa2 | 12,506,888 | ||
Texas Private Activity Bond Surface Transporation Corporation, Senior Lien Revenue Bonds, Blueridge Transportation Group, LLC SH 288 Toll Lanes Project, Series 2016: | ||||||
4,820 | 5.000%, 12/31/40 (AMT) | 12/25 at 100.00 | Baa3 | 5,412,426 | ||
8,000 | 5.000%, 12/31/45 (AMT) | 12/25 at 100.00 | Baa3 | 8,926,000 | ||
Texas Private Activity Bond Surface Transportation Corporation, Senior Lien Revenue Bonds, LBJ Infrastructure Group LLC IH-635 Managed Lanes Project, Refunding Series 2020A: | ||||||
4,500 | 4.000%, 12/31/31 | 12/30 at 100.00 | Baa2 | 5,396,670 | ||
3,500 | 4.000%, 6/30/32 | 12/30 at 100.00 | Baa2 | 4,183,725 | ||
5,345 | Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, Refunding First Tier Series 2020A, 5.000%, 8/15/39 | 8/30 at 100.00 | A | 6,762,547 | ||
16,250 | Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, Refunding Second Tier Series 2015C, 5.000%, 8/15/31 | 8/24 at 100.00 | A- | 18,239,325 | ||
Texas Transportation Commission, State Highway 249 System Revenue Bonds, First Tier Toll Series 2019A: | ||||||
1,125 | 0.000%, 8/01/35 | 2/29 at 76.82 | Baa3 | 715,905 | ||
1,590 | 0.000%, 8/01/36 | 2/29 at 73.16 | Baa3 | 959,358 | ||
2,070 | 0.000%, 8/01/37 | 2/29 at 69.41 | Baa3 | 1,180,687 | ||
1,100 | 0.000%, 8/01/39 | 2/29 at 62.63 | Baa3 | 562,518 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
$ 8,830 | Williamson County, Texas, General Obligation Bonds, Limited Tax Refunding Series 2012, 5.000%, 2/15/26 (Pre-refunded 2/15/22) | 2/22 at 100.00 | AAA | $ 8,986,997 | ||
466,415 | Total Texas | 515,087,266 | ||||
Utah – 0.4% | ||||||
Black Desert Public Infrastructure District, Utah, Limited Tax General Obligation Bonds, Series 2021A: | ||||||
1,055 | 3.250%, 3/01/31, 144A | 9/26 at 103.00 | N/R | 1,045,843 | ||
1,600 | 3.500%, 3/01/36, 144A | 9/26 at 103.00 | N/R | 1,580,592 | ||
6,010 | Central Utah Water Conservancy District, Utah, General Obligation Bonds, Refunding Limited Tax Series 2021A, 5.000%, 4/01/28 | No Opt. Call | AA+ | 7,580,774 | ||
Utah Associated Municipal Power Systems, Revenue Bonds, Horse Butte Wind Project, Series 2012A: | ||||||
3,340 | 5.000%, 9/01/23 (Pre-refunded 9/01/22) | 9/22 at 100.00 | A- (4) | 3,487,895 | ||
2,000 | 5.000%, 9/01/25 (Pre-refunded 9/01/22) | 9/22 at 100.00 | A- (4) | 2,088,560 | ||
2,265 | 5.000%, 9/01/26 (Pre-refunded 9/01/22) | 9/22 at 100.00 | A- (4) | 2,365,294 | ||
2,650 | Utah County, Utah, Hospital Revenue Bonds, IHC Health Services Inc, Series 2020B-2, 5.000%, 5/15/60 (Mandatory Put 8/01/26) | 2/26 at 102.03 | AA+ | 3,184,452 | ||
20,065 | Utah State, General Obligation Bonds, Series 2020B, 5.000%, 7/01/27 | No Opt. Call | AAA | 24,942,199 | ||
38,985 | Total Utah | 46,275,609 | ||||
Vermont – 0.0% | ||||||
2,985 | Vermont Economic Development Authority, Revenue Bonds, Wake Robin Corporation Project, Series 2021A, 4.000%, 5/01/37 (WI/DD, Settling 10/21/21) | 5/28 at 103.00 | N/R | 3,275,769 | ||
Virginia – 2.0% | ||||||
5,390 | Chesapeake Industrial Development Authority, Virginia, Pollution Control Revenue Bonds, Virginia Electric and Power Company Project, Refunding Series 2008A, 1.900%, 2/01/32 (Mandatory Put 6/01/23) | No Opt. Call | A2 | 5,530,895 | ||
19,810 | Federal Home Loan Mortgage Corporation, Multifamily Variable Rate Certificates Relating to Municpal Securities Class A Series 2019M-053, 2.550%, 6/15/35 | No Opt. Call | AA+ | 20,790,991 | ||
18,170 | Federal Home Loan Mortgage Corporation, Notes, 3.150%, 1/15/36, 144A | 10/31 at 100.00 | AA+ | 20,145,079 | ||
18,600 | Hampton Roads Transportation Accountability Commission, Virginia, Hampton Roads Transportation Fund Revenue Bonds, Intermediate Lien Bond Anticipation Note Series 2019A, 5.000%, 7/01/22 | No Opt. Call | Aa3 | 19,266,066 | ||
870 | James City County Economic Development Authority, Virginia, Residential Care Facility Revenue Bonds, Williamsburg Landing Inc, Refunding Series 2021A, 4.000%, 12/01/35 (WI/DD, Settling 10/13/21) | 12/27 at 103.00 | N/R | 972,008 | ||
6,795 | Louisa Industrial Development Authority, Virginia, Pollution Control Revenue Bonds, Virginia Electric and Power Company, Refunding Series 2008A, 1.900%, 11/01/35 (Mandatory Put 6/01/23) | No Opt. Call | A2 | 6,972,621 | ||
5,880 | Louisa Industrial Development Authority, Virginia, Pollution Control Revenue Bonds, Virginia Electric and Power Company, Series 2008C, 1.800%, 11/01/35 (Mandatory Put 4/01/22) | No Opt. Call | A2 | 5,923,982 | ||
805 | Roanoke Economic Development Authority, Virgina, Residential Care Facility Mortgage Revenue Refunding Bonds, Virginia Lutheran Homes Brandon Oaks Project, Series 2012, 5.000%, 12/01/32 (Pre-refunded 12/01/22) | 12/22 at 100.00 | N/R (4) | 849,291 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Virginia (continued) | ||||||
$ 21,500 | Roanoke Economic Development Authority, Virginia, Hospital Revenue Bonds, Carilion Clinic Obligated Group, Series 2020D, 5.000%, 7/01/53 (Mandatory Put 7/01/30) | 1/30 at 100.00 | AA- | $27,692,215 | ||
1,185 | Stafford County Economic Development Authority, Virginia, Hospital Facilities Revenue Bonds, Mary Washington Healthcare Obligated Group, Refunding Series 2016, 3.125%, 6/15/31 | 6/26 at 100.00 | A3 | 1,266,658 | ||
710 | Virginia College Building Authority, Educational Facilities Revenue Bonds, Marymount University Project, Refunding Series 2015A, 5.000%, 7/01/45, 144A | 7/25 at 100.00 | BB+ | 760,126 | ||
7,505 | Virginia Housing Development Authority, Rental Housing Bonds, Series 2020B, 2.200%, 3/01/40 | 3/29 at 100.00 | AA+ | 7,454,341 | ||
Virginia Small Business Financing Authority, Private Activity Revenue Bonds, Transform 66 P3 Project, Senior Lien Series 2017: | ||||||
14,875 | 5.000%, 12/31/49 (AMT) | 6/27 at 100.00 | BBB | 17,696,639 | ||
12,375 | 5.000%, 12/31/52 (AMT) | 6/27 at 100.00 | BBB | 14,657,940 | ||
10,000 | 5.000%, 12/31/56 (AMT) | 6/27 at 100.00 | BBB | 11,837,300 | ||
Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, 95 Express Lanes LLC Project, Series 2019: | ||||||
6,150 | 5.000%, 1/01/44 (AMT) | 1/22 at 100.00 | BBB | 6,214,944 | ||
31,560 | 5.000%, 7/01/49 (AMT) | 1/22 at 100.00 | BBB | 31,885,384 | ||
6,835 | Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, Elizabeth River Crossing, Opco LLC Project, Series 2012, 5.500%, 1/01/42 (AMT) | 7/22 at 100.00 | BBB | 7,075,592 | ||
2,020 | Wise County Industrial Development Authority, Virginia, Solid Waste and Sewage Disposal Revenue Bonds, Virginia Electric and Power Company, Series 2010A, 1.200%, 11/01/40 (Mandatory Put 5/31/24) | No Opt. Call | A2 | 2,054,320 | ||
8,100 | York County Economic Development Authority, Virginia, Pollution Control Revenue Bonds, Virginia Electric and Power Company Project, Refunding Series 2009A, 1.900%, 5/01/33 (Mandatory Put 6/01/23) | No Opt. Call | A2 | 8,311,734 | ||
199,135 | Total Virginia | 217,358,126 | ||||
Washington – 3.0% | ||||||
Clark County School District 37, Vancouver, Washington, General Obligation Bonds, Series 2021: | ||||||
3,690 | 4.000%, 12/01/25 | No Opt. Call | Aaa | 4,223,426 | ||
2,300 | 4.000%, 12/01/27 | No Opt. Call | Aaa | 2,736,494 | ||
Energy Northwest, Washington, Electric Revenue Bonds, Columbia Generating Station, Refunding Series 2019A: | ||||||
27,915 | 5.000%, 7/01/36 | 7/29 at 100.00 | Aa2 | 35,313,592 | ||
41,055 | 5.000%, 7/01/37 | 7/29 at 100.00 | Aa2 | 51,798,683 | ||
King County School District 412 Shoreline, Washington, General Obligation Bonds, Refunding & Improvement Series 2021A: | ||||||
2,035 | 4.000%, 12/01/27 | No Opt. Call | Aaa | 2,423,909 | ||
3,455 | 4.000%, 12/01/28 | No Opt. Call | Aaa | 4,187,184 | ||
7,500 | King County, Washington, Sewer Revenue Bonds, Refunding Junior Lien Series 2020B, 0.875%, 1/01/42 (Mandatory Put 1/01/26) | 4/25 at 100.00 | AA | 7,512,750 | ||
2,900 | Port of Seattle, Washington, Revenue Bonds, Refunding Intermediate Lien Series 2016, 5.000%, 2/01/29 | 2/26 at 100.00 | AA- | 3,414,373 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Washington (continued) | ||||||
$ 2,340 | Skagit County Public Hospital District 1, Washington, Revenue Bonds, Skagit Valley Hospital, Refunding & Improvement Series 2016, 5.000%, 12/01/37 | 12/26 at 100.00 | Baa2 | $2,712,411 | ||
5,140 | Snohomish County, Washington, General Obligation Bonds, Limited Tax Series 2013, 4.000%, 12/01/39 | 6/23 at 100.00 | AA+ | 5,418,434 | ||
10,485 | Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2019B-1, 5.000%, 8/01/49 (Mandatory Put 8/01/24) | 2/24 at 100.00 | BBB+ | 11,552,687 | ||
10,560 | Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2019B-2, 5.000%, 8/01/49 (Mandatory Put 8/01/25) | 2/25 at 100.00 | BBB+ | 12,037,133 | ||
20,475 | Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2019B-3, 5.000%, 8/01/49 (Mandatory Put 8/01/26) | 2/26 at 100.00 | BBB+ | 24,024,546 | ||
Washington Health Care Facilities Authority, Revenue Bonds, Fred Hutchinson Cancer Research Center, Series 2015: | ||||||
2,730 | 5.000%, 1/01/26 | 7/25 at 100.00 | A+ | 3,158,009 | ||
1,285 | 5.000%, 1/01/27 | 7/25 at 100.00 | A+ | 1,481,836 | ||
Washington Health Care Facilities Authority, Revenue Bonds, PeaceHealth, Refunding Series 2014A: | ||||||
1,315 | 5.000%, 11/15/22 (ETM) | No Opt. Call | AA- (4) | 1,383,972 | ||
2,035 | 5.000%, 11/15/24 (Pre-refunded 5/15/24) | 5/24 at 100.00 | AA- (4) | 2,277,023 | ||
14,030 | Washington Health Care Facilities Authority, Revenue Bonds, Providence Health & Services, Refunding Series 2012A, 5.000%, 10/01/33 | 10/22 at 100.00 | AA- | 14,682,816 | ||
15,000 | Washington Health Care Facilities Authority, Revenue Bonds, Providence Saint Joseph Health, Refunding Series 2021B, 4.000%, 10/01/42 (Mandatory Put 10/01/30) (WI/DD, Settling 10/01/21) | No Opt. Call | AA- | 18,286,650 | ||
Washington Health Care Facilities Authority, Revenue Bonds, Providence Saint Joseph Health, Series 2018B: | ||||||
4,015 | 5.000%, 10/01/30 | 10/28 at 100.00 | AA- | 5,040,592 | ||
2,780 | 5.000%, 10/01/31 | 10/28 at 100.00 | AA- | 3,477,141 | ||
3,020 | 5.000%, 10/01/32 | 10/28 at 100.00 | AA- | 3,772,131 | ||
2,610 | 5.000%, 10/01/33 | 10/28 at 100.00 | AA- | 3,254,983 | ||
Washington Health Care Facilities Authority, Revenue Bonds, Virginia Mason Medical Center, Series 2017: | ||||||
5,120 | 5.000%, 8/15/29 | 8/27 at 100.00 | BBB- | 6,089,933 | ||
5,000 | 5.000%, 8/15/34 | 8/27 at 100.00 | BBB- | 5,852,650 | ||
5,765 | 5.000%, 8/15/36 | 8/27 at 100.00 | BBB- | 6,724,815 | ||
4,375 | Washington State Housing Finance Commission, Non-Profit Housing Revenue Bonds, Eliseo Project, Refunding Ser 2021B-1, 2.500%, 7/01/28, 144A | 7/23 at 100.00 | N/R | 4,390,487 | ||
6,900 | Washington State Housing Finance Commission, Single Family Program Bonds, Series 2021-1N, 2.200%, 6/01/41 | 6/30 at 100.00 | Aaa | 6,801,192 | ||
12,333 | Washington State Housing Finance Commission, Social Municipal Certificates Multifamily Revenue Bonds, Series 2021-1 Class A, 3.500%, 12/20/35 | No Opt. Call | BBB+ | 14,244,536 | ||
Washington State, General Obligation Bonds, Motor Vehicle Fuel Tax & Vehicle Related Fees Series 2021F: | ||||||
5,895 | 5.000%, 6/01/26 | No Opt. Call | Aaa | 7,092,628 | ||
6,060 | 5.000%, 6/01/27 | No Opt. Call | Aaa | 7,478,585 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Washington (continued) | ||||||
Washington State, General Obligation Bonds, Refunding Motor Vehicle Fuel Tax, Triple Pledge SR 520 Toll Series R-2021A Forward Delivery: | ||||||
$ 1,625 | 5.000%, 6/01/22 | No Opt. Call | Aaa | $1,677,244 | ||
2,000 | 5.000%, 6/01/23 | No Opt. Call | Aaa | 2,160,300 | ||
1,960 | 5.000%, 6/01/24 | No Opt. Call | Aaa | 2,205,882 | ||
7,950 | Washington State, General Obligation Bonds, Various Purpose Series 2021C, 5.000%, 2/01/29 | No Opt. Call | Aaa | 10,209,151 | ||
10,885 | Washington State, General Obligation Bonds, Various Purpose Series 2022A-1, 5.000%, 8/01/27 | No Opt. Call | Aaa | 13,489,998 | ||
4,415 | Whidbey Island Public Hospital District, Island County, Washington, General Obligation Bonds, Whidbey General Hospital, Series 2013, 5.500%, 12/01/33 | 12/22 at 100.00 | Baa3 | 4,562,549 | ||
268,953 | Total Washington | 317,150,725 | ||||
West Virginia – 0.2% | ||||||
6,000 | West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Appalachian Power Company - Amos Project, Seriess 2009A, 2.625%, 12/01/42 (Mandatory Put 6/01/22) | No Opt. Call | A- | 6,084,540 | ||
6,000 | West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Appalachian Power Company - Amos Project, Seriess 2009B, 2.625%, 12/01/42 (Mandatory Put 6/01/22) | No Opt. Call | A- | 6,084,540 | ||
4,830 | West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Wheeling Power Company - Mitchell Project, Series 2013A, 3.000%, 6/01/37 (Mandatory Put 4/01/22) (AMT) | No Opt. Call | A- | 4,895,543 | ||
1,225 | West Virginia Hospital Finance Authority, Hospital Revenue Bonds, Charleston Area Medical Center, Series 2014A, 5.000%, 9/01/25 | 9/24 at 100.00 | Baa1 | 1,370,040 | ||
18,055 | Total West Virginia | 18,434,663 | ||||
Wisconsin – 1.2% | ||||||
2,000 | Ashwaubenon Community Development Authority, Wisconsin, Lease Revenue Bonds, Brown County Expo Center Project, Series 2019, 4.000%, 6/01/35 | 6/29 at 100.00 | AA | 2,339,500 | ||
4,230 | Public Finance Authority, 4.000%, 10/01/41 (Mandatory Put 10/01/30) | No Opt. Call | AA- | 5,099,840 | ||
25,400 | Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017, 6.500%, 12/01/37, 144A | 12/27 at 100.00 | N/R | 28,393,390 | ||
505 | Public Finance Authority of Wisconsin, Revenue Bonds, Roseman University of Health Sciences, Series 2020, 3.000%, 4/01/25, 144A | No Opt. Call | BB | 521,322 | ||
5,500 | Public Finance Authority of Wisconsin, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Refunding Series 2016A-1, 2.625%, 11/01/25 (AMT) | No Opt. Call | A- | 5,933,785 | ||
7,815 | Public Finance Authority of Wisconsin, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Refunding Series 2016A-2, 2.875%, 5/01/27 (AMT) | 5/26 at 100.00 | A- | 8,512,567 | ||
3,940 | Public Finance Authority, Wisconsin, Educational Revenue Bonds, Lake Norman Charter School, Series 2018A, 4.000%, 6/15/28, 144A | 6/26 at 100.00 | BBB- | 4,215,839 | ||
Public Finance Authority, Wisconsin, Exempt Facilities Revenue Bonds, Celanese Project, Refunding Series 2016C: | ||||||
4,170 | 4.050%, 11/01/30 | 5/26 at 100.00 | BBB | 4,605,306 | ||
9,035 | 4.300%, 11/01/30 (AMT) | 5/26 at 100.00 | BBB | 10,077,278 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin (continued) | ||||||
$ 530 | University of Wisconsin Hospitals and Clinics Authority, Revenue Bonds, Refunding Series 2013A, 5.000%, 4/01/22 | No Opt. Call | AA- | $542,609 | ||
Wisconsin Health & Educational Facs Authority, Health Facilities Revenue Bonds, UnityPoint Health Project, Series 2014A: | ||||||
890 | 5.000%, 12/01/26 | 11/24 at 100.00 | AA- | 1,014,030 | ||
3,995 | 5.000%, 12/01/27 | 11/24 at 100.00 | AA- | 4,549,106 | ||
5,000 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marshfield Clinic Health System, Inc, Series 2017C, 5.000%, 2/15/47 | 2/27 at 100.00 | A- | 5,858,950 | ||
1,080 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marshfield Clinic, Series 2012B, 5.000%, 2/15/40 | 2/22 at 100.00 | A- | 1,097,788 | ||
1,435 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Meriter Hospital Inc, Series 1992A, 6.000%, 12/01/22 – FGIC Insured | No Opt. Call | A1 | 1,490,549 | ||
1,775 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Ministry Health Care, Inc, Refunding 2012C, 5.000%, 8/15/24 (Pre-refunded 8/15/22) | 8/22 at 100.00 | N/R (4) | 1,848,964 | ||
2,015 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Advocate Aurora Health Credit Group, Series 2018A, 4.000%, 8/15/36 | 8/28 at 100.00 | AA | 2,334,035 | ||
Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Gundersen Health System, Refunding Series 2021A: | ||||||
2,550 | 4.000%, 10/15/34 | 10/31 at 100.00 | AA- | 3,073,592 | ||
1,955 | 4.000%, 10/15/35 | 10/31 at 100.00 | AA- | 2,347,681 | ||
5,590 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Marshfield Clinic Health System, Inc, Series 2020B-2, 5.000%, 2/15/51 (Mandatory Put 2/15/27) | 8/26 at 100.00 | A- | 6,662,721 | ||
4,365 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, ProHealth Care, Inc Obligated Group, Refunding Series 2015, 5.000%, 8/15/39 | 8/24 at 100.00 | A+ | 4,892,379 | ||
1,950 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Saint Camillus Health System Inc, Series 2019A, 5.000%, 11/01/39 | 11/26 at 103.00 | N/R | 2,198,411 | ||
2,850 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Saint John's Communities Inc, Series 2018A, 5.000%, 9/15/40 | 9/23 at 100.00 | BBB- | 3,034,452 | ||
Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, ThedaCare Inc, Series 2015: | ||||||
825 | 5.000%, 12/15/23 | No Opt. Call | AA- | 908,861 | ||
1,310 | 5.000%, 12/15/25 | 12/24 at 100.00 | AA- | 1,495,771 | ||
2,750 | Wisconsin Housing and Economic Development Authority, Housing Revenue Bonds, Series 2019A, 3.000%, 11/01/39 | 11/28 at 100.00 | AA | 2,890,470 | ||
85 | Wisconsin State, General Obligation Bonds, Refunding Series 2014-2, 5.000%, 5/01/24 (Pre-refunded 5/01/22) | 5/22 at 100.00 | N/R (4) | 87,358 | ||
5,020 | Wisconsin State, Transportation Revenue Bonds, Series 2015A, 5.000%, 7/01/30 | 7/24 at 100.00 | AAA | 5,661,004 | ||
8,120 | WPPI Energy, Wisconsin, Power Supply System Revenue Bonds, Series 2013A, 5.000%, 7/01/37 | 7/23 at 100.00 | A1 | 8,740,693 | ||
116,685 | Total Wisconsin | 130,428,251 | ||||
Wyoming – 0.9% | ||||||
10,720 | Campbell County, Wyoming Solid Waste Facilities Revenue Bonds, Basin Electric Power Cooperative, Dry Fork Station Facilities, Series 2019A, 3.625%, 7/15/39 | 5/29 at 100.00 | A | 11,424,197 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wyoming (continued) | ||||||
Casper Community College District, Natrona County, Wyoming, Revenue Bonds, Refunding Series 2021: | ||||||
$ 960 | 4.000%, 4/15/37 | 4/31 at 100.00 | A+ | $1,126,896 | ||
1,000 | 4.000%, 4/15/38 | 4/31 at 100.00 | A+ | 1,170,740 | ||
1,035 | 4.000%, 4/15/39 | 4/31 at 100.00 | A+ | 1,208,352 | ||
1,070 | 4.000%, 4/15/40 | 4/31 at 100.00 | A+ | 1,246,283 | ||
5,500 | Sweetwater County, Wyoming, Hospital Revenue Bonds, Memorial Hospital Project, Refunding Series 2013A, 5.000%, 9/01/30 | 9/23 at 100.00 | BB+ | 5,865,695 | ||
28,275 | Sweetwater County, Wyoming, Pollution Control Revenue Refunding Bonds, Idaho Power Company Project, Series 2006, 1.700%, 7/15/26 | No Opt. Call | A1 | 29,048,038 | ||
4,790 | University of Wyoming, Facilities Revenue Bonds, Series 2021C, 5.000%, 6/01/29 | No Opt. Call | AA- | 6,162,910 | ||
University of Wyoming, Facilities Revenue Bonds, Supplemental Coverage Program, Refunding Series 2021A: | ||||||
4,215 | 5.000%, 6/01/26 | No Opt. Call | AA- | 5,060,529 | ||
4,420 | 5.000%, 6/01/27 | No Opt. Call | AA- | 5,449,153 | ||
4,575 | 5.000%, 6/01/28 | No Opt. Call | AA- | 5,766,604 | ||
3,360 | Wyoming Community Development Authority, Housing Revenue Bonds, 2015 Series 6, 3.900%, 12/01/34 | 12/24 at 100.00 | AA+ | 3,516,979 | ||
6,500 | Wyoming Community Development Authority, Housing Revenue Bonds, 2019 Series 3, 2.650%, 12/01/39 | 12/28 at 100.00 | AA+ | 6,729,450 | ||
3,250 | Wyoming Community Development Authority, Housing Revenue Bonds, 2020 Series 1, 3.000%, 12/01/40 | 6/29 at 100.00 | AA+ | 3,398,395 | ||
6,675 | Wyoming Community Development Authority, Housing Revenue Bonds, 2020 Series 2, 2.250%, 12/01/40 | 6/30 at 100.00 | AA+ | 6,577,612 | ||
6,000 | Wyoming Community Development Authority, Housing Revenue Bonds, 2021 Series 3, 2.250%, 12/01/41 (WI/DD, Settling 10/13/21) | 12/30 at 100.00 | AA+ | 5,837,400 | ||
92,345 | Total Wyoming | 99,589,233 | ||||
$ 9,653,291 | Total Municipal Bonds (cost $9,844,120,388) | 10,312,670,794 |
Shares | Description (1) | Value | ||||
COMMON STOCKS – 1.0% | ||||||
Electric Utilities – 1.0% | ||||||
2,665,489 | Energy Harbor Corp (8), (9), (10) | $ 107,203,302 | ||||
Total Common Stocks (cost $55,930,174) | 107,203,302 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (3) | Value | |
ASSET-BACKED SECURITIES – 0.1% | ||||||
$ 8,270 | Freddie Mac Multi-Family ML Certificates, Series ML 10, Series 2021 | 2.032% | 1/25/38 | AA+ | $ 8,456,621 | |
8,270 | Total Asset-Backed Securities(cost $8,594,974) | 8,456,621 | ||||
Total Long-Term Investments (cost $9,908,645,536) | 10,428,330,717 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
SHORT-TERM INVESTMENTS – 1.9% | ||||||
MUNICIPAL BONDS – 1.9% | ||||||
National – 0.2% | ||||||
$ 719 | BB&T Municipal Trust Pool Tax Exempt Lease Certificates Class C Series 2018, 0.820%, 11/30/21 (SIFMA reference rate + 0.800% spread), 144A (5) | No Opt. Call | A+ | $719,253 | ||
1,165 | BB&T Municipal Trust Pool Tax Exempt Lease Certificates Class D Series 2018, 1.020%, 7/31/23 (SIFMA reference rate + 1.000% spread), 144A (5), (11) | No Opt. Call | A+ | 1,165,000 | ||
20,500 | Invesco Municipal Opportunity Trust Variable Rate Munifund Term Preferred Shares Series 2015/6 IIM J.P. Morgan Chase Putters, Drivers, CTFS 5029, 0.220%, 12/01/24 (AMT) (Mandatory Put 9/30/21), 144A (11) | No Opt. Call | AA | 20,500,000 | ||
22,384 | Total National | 22,384,253 | ||||
Alabama – 0.4% | ||||||
7,385 | Mobile Industrial Development Board, Alabama, Pollution Control Revenue Refunding Bonds, Alabama Power Company Barry Plan, Series 2007A, 1.000%, 6/01/34 (Mandatory Put 6/26/25) (11) | No Opt. Call | A1 | 7,474,137 | ||
28,940 | Mobile Industrial Development Board, Alabama, Pollution Control Revenue Refunding Bonds, Alabama Power Company Barry Plan, Series 2008, 2.900%, 7/15/34 (Mandatory Put 12/12/23) (11) | No Opt. Call | A1 | 30,455,877 | ||
36,325 | Total Alabama | 37,930,014 | ||||
Alaska – 0.2% | ||||||
14,665 | Alaska Municipal Bond Bank, General Obligation Bonds, 2016 Master Resolution, Tender Option Bond Trust 2017-XM0532, 0.170%, 4/01/25 (Mandatory Put 10/07/21), 144A (11) | No Opt. Call | A+ | 14,665,000 | ||
6,750 | Alaska Municipal Bond Bank, General Obligation Bonds, 2016 Master Resolution, Tender Option Bond Trust Seres 2017-XL0044, 0.170%, 4/01/25 (Mandatory Put 10/07/21), 144A (11) | No Opt. Call | A | 6,750,000 | ||
21,415 | Total Alaska | 21,415,000 | ||||
California – 0.4% | ||||||
28,205 | California Health Facilities Financing Authority, Revenue Bonds, Kaiser Permanante System, Series 2006C, 5.000%, 6/01/41 (Mandatory Put 11/01/29) (11) | No Opt. Call | AA- | 36,643,936 | ||
6,750 | Tender Option BondsTrust Series 2015-ZF0181, 0.130%, 5/01/22 (Mandatory Put 10/07/21), 144A | No Opt. Call | A- | 6,750,000 | ||
3,000 | Tender Option BondsTrust Series 2015-ZF0182, 0.130%, 5/01/22 (Mandatory Put 10/07/21), 144A | No Opt. Call | A- | 3,000,000 | ||
37,955 | Total California | 46,393,936 | ||||
District of Columbia – 0.0% | ||||||
5,210 | District of Columbia, General Obligation Bonds, Tender Option Bond Trust 2016-YX1039, 0.050%, 6/01/35 (Mandatory Put 10/07/21), 144A (11) | 12/26 at 100.00 | Aaa | 5,210,000 | ||
Florida – 0.3% | ||||||
24,240 | Florida Development Finance Corporation, Florida, Variable Rate Demand Obligations, Surface Transportation Facility Revenue Bonds, Virgin Trains USA Passenger Rail Project, Series 2019A, 6.250%, 1/01/49 (AMT) (Mandatory Put 1/01/24), 144A (11) | 11/21 at 103.00 | N/R | 24,728,436 | ||
11,880 | Miami-Dade County Educational Facilities Authority, Florida, Revenue Bonds, University of Miami, Tender Option Bond Trust Series 2018-XM0676, 0.120%, 4/01/53 (Mandatory Put 10/07/21), 144A (11) | 4/28 at 100.00 | A3 | 11,880,000 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
36,120 | Total Florida | 36,608,436 | ||||
Ohio – 0.1% | ||||||
$ 7,000 | Ohio Air Quality Development Authority, Ohio, Variable Rate Demand Obligations, Pollution Control Revenue Bonds, FirstEnergy Generation Corporation Project, Refunding Series 2009D, 4.250%, 8/01/29 (11) | No Opt. Call | N/R | $ 7,000,000 | ||
South Carolina – 0.1% | ||||||
7,250 | Charleston Educational Excellence Financing Corporation, South Carolina, Installment Purchase Revenue Bonds, Charleston County School District Project, Tender Option Bond Trust 2016-XF0296, 0.080%, 12/01/22 (Mandatory Put 10/07/21), 144A (11) | No Opt. Call | N/R | 7,250,000 | ||
Texas – 0.1% | ||||||
10,000 | North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Tender Option Bond Floater 2015-XM0085, 0.130%, 1/01/40 (Mandatory Put 10/07/21), 144A (11) | No Opt. Call | A1 | 10,000,000 | ||
Utah – 0.1% | ||||||
10,155 | Utah Water Finance Agency, Revenue Bonds, Pooled Loan Financing Program, Series 2008B-2, 0.070%, 10/01/35 (Mandatory Put 10/07/21) (11) | 9/21 at 100.00 | AA+ | 10,155,000 | ||
Washington – 0.0% | ||||||
4,500 | Washington State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Tender Option Bond Trust 2018-ZM0679, 0.120%, 7/01/26 (Mandatory Put 10/07/21), 144A (11) | No Opt. Call | Baa1 | 4,500,000 | ||
$ 198,314 | Total Short-Term Investments (cost $205,325,087) | 208,846,639 | ||||
Total Investments (cost $10,113,970,623) – 99.6% | 10,637,177,356 | |||||
Other Assets Less Liabilities – 0.4% | 40,064,741 | |||||
Net Assets – 100% | $10,677,242,097 |
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns. | |
(3) | For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. | |
(4) | Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest. | |
(5) | Variable rate security. The rate shown is the coupon as of the end of the reporting period. | |
(6) | Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy. | |
(7) | Step-up coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding. The rate shown is the coupon as of the end of the reporting period. | |
(8) | Common Stock received as part of the bankruptcy settlements during February 2020, for Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generation Project, Series 2006A, 3.500%, 4/01/41, Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generation Project, Series 2006B, 3.500%, 12/01/35, Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generation Project, Series 2008A, 2.700%, 4/01/35, Ohio Air Quality Development Authority, Ohio, Air Quality Development Revenue Bonds, FirstEnergy Generation Corporation Project, Series 2009A, 5.700%, 8/01/20, Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Corporation Project, Refunding Series 2009B, 3.100%, 3/01/23, Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750% 12/01/23,Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2006B, 3.625%, 12/01/33, Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2008C, 3.950%, 11/01/32, Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2005B, 4.000%, 1/01/34, Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2006A, 3.000%, 5/15/20, Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2006B, 4.000%, 12/01/33, Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2010A, 3.750%, 7/01/33, Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2010C, 4.000%, 6/01/33, Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, Shippingport Project, First Energy Guarantor, Series 2005A, 3.750%, 12/01/40, Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, Shippingport Project, First Energy Guarantor, Series 2006A, 2.550%, 11/01/41. | |
(9) | For fair value measurement disclosure purposes, investment classified as Level 2. | |
(10) | Non-income producing; issuer has not declared an ex-dividend date within the past twelve months. | |
(11) | Investment has a maturity of greater than one year, but has variable rate and/or demand features which qualify it as a short-term investment. The rate disclosed, as well as the reference rate and spread, where applicable, is that in effect as of the end of the reporting period. This rate changes periodically based on market conditions or a specified market index. | |
144A | Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. | |
AMT | Alternative Minimum Tax | |
ETM | Escrowed to maturity | |
LIBOR | London Inter-Bank Offered Rate | |
SIFMA | Securities Industry and Financial Market Association | |
WI/DD | Purchased on a when-issued or delayed delivery basis. |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
LONG-TERM INVESTMENTS – 97.3% | ||||||
MUNICIPAL BONDS – 96.0% | ||||||
National – 0.0% | ||||||
$ 2,786 | Freddie Mac Multi-Family ML Certificates, Series ML 05, Series 2019A, 3.400%, 1/25/36 | No Opt. Call | AA+ | $ 3,149,778 | ||
Alabama – 1.1% | ||||||
9,415 | Alabama Public School and College Authority, Capital Improvement Pool Revenue Bonds, Refunding Series 2020A, 5.000%, 11/01/25 | No Opt. Call | Aa1 | 11,141,805 | ||
9,810 | Black Belt Energy Gas District, Alabama, Gas PrePay Revenue Bonds, Project 3 Series 2018A, 4.000%, 12/01/48 (Mandatory Put 12/01/23) | 9/23 at 100.31 | A2 | 10,489,342 | ||
10,010 | Black Belt Energy Gas District, Alabama, Gas PrePay Revenue Bonds, Project 4 Series 2019A-1, 4.000%, 12/01/49 (Mandatory Put 12/01/25) | 9/25 at 100.38 | A1 | 11,300,389 | ||
29,205 | Black Belt Energy Gas District, Alabama, Gas Supply Revenue Bonds, Series 2017A, 4.000%, 8/01/47 (Mandatory Put 7/01/22) | 4/22 at 100.52 | Aa2 | 29,874,087 | ||
5,090 | Black Belt Energy Gas District, Alabama, Gas Supply Revenue Bonds, Series 2021A, 4.000%, 6/01/51 (Mandatory Put 12/01/31) | 9/31 at 100.53 | Aa2 | 6,216,366 | ||
1,000 | Chatom Industrial Development Board, Alabama, Gulf Opportunity Zone Revenue Bonds, PowerSouth Energy Cooperative, Refunding Series 2020, 5.000%, 8/01/24 – AGM Insured | No Opt. Call | AA | 1,124,090 | ||
10,960 | Lower Alabama Gas District, Alabama, Goldman Sachs Gas Project 2 Revenue Bonds, Series 2020A, 4.000%, 12/01/50 (Mandatory Put 12/01/25) | 9/25 at 100.58 | A2 | 12,348,413 | ||
6,000 | Selma Industrial Development Board, Alabama, Gulf Opportunity Zone Revenue Bonds, International Paper Company Project, Refunding Series 2020A, 1.375%, 5/01/34 (Mandatory Put 6/16/25) | No Opt. Call | BBB | 6,161,340 | ||
125 | Southeast Alabama Gas Supply District, Alabama, Gas Supply Revenue Bonds, Project 2, Fixed Rate Series 2018A, 4.000%, 6/01/49 (Mandatory Put 6/01/24) | 3/24 at 100.29 | A1 | 135,675 | ||
6,650 | Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 1, Series 2021A, 4.000%, 11/01/51 (Mandatory Put 10/01/28) | 7/28 at 100.68 | A2 | 7,825,454 | ||
88,265 | Total Alabama | 96,616,961 | ||||
Alaska – 0.9% | ||||||
1,175 | Alaska Housing Finance Corporation, General Obligation Bonds, State Capital Project II, Series 2021A, 4.000%, 12/01/25 | No Opt. Call | AA+ | 1,341,216 | ||
1,305 | Alaska Housing Finance Corporation, Mortgage Revenue Bonds, General Series 2016A-II, 1.900%, 12/01/24 | No Opt. Call | AA+ | 1,351,536 | ||
1,570 | Alaska Housing Finance Corporation, Mortgage Revenue Bonds, General Series 2018A-II, 3.450%, 12/01/33 | 6/27 at 100.00 | AA+ | 1,617,493 | ||
12,345 | Alaska Housing Finance Corporation, Mortgage Revenue Bonds, General Series 2020A-II, 2.000%, 12/01/35 | 6/29 at 100.00 | AA+ | 12,228,957 | ||
23,000 | Alaska Housing Finance Corporation, Mortgage Revenue Bonds, General Series 2020B-II, 2.000%, 12/01/35 | 6/29 at 100.00 | AA+ | 22,783,800 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Alaska (continued) | ||||||
Alaska Industrial Development and Export Authority, Power Revenue Bonds, Snettisham Hydroelectric Project, Refunding Series 2015: | ||||||
$ 1,655 | 5.000%, 1/01/24 (AMT) | No Opt. Call | Baa2 | $1,796,155 | ||
3,565 | 5.000%, 1/01/26 (AMT) | 7/25 at 100.00 | Baa2 | 3,992,978 | ||
Alaska Industrial Development and Export Authority, Revenue Bonds, Greater Fairbanks Community Hospital Foundation Project, Refunding Series 2019: | ||||||
5,145 | 5.000%, 4/01/27 | No Opt. Call | A+ | 6,192,882 | ||
5,355 | 5.000%, 4/01/28 | No Opt. Call | A+ | 6,587,293 | ||
5,575 | 5.000%, 4/01/29 | No Opt. Call | A+ | 6,993,168 | ||
North Slope Borough, Alaska, General Obligation Bonds, Refunding General Purpose Series 2021A: | ||||||
4,170 | 5.000%, 6/30/23 | No Opt. Call | AA | 4,516,360 | ||
2,000 | 5.000%, 6/30/24 | No Opt. Call | AA | 2,255,120 | ||
Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds, Senior Series 2021A Class 1: | ||||||
600 | 3.000%, 6/01/22 | No Opt. Call | A | 609,948 | ||
520 | 4.000%, 6/01/23 | No Opt. Call | A | 549,957 | ||
550 | 5.000%, 6/01/24 | No Opt. Call | A | 613,987 | ||
1,000 | 5.000%, 6/01/25 | No Opt. Call | A | 1,153,450 | ||
1,000 | Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds, Series 2021B-1 Class 2, 0.500%, 6/01/31 | No Opt. Call | BBB+ | 988,760 | ||
70,530 | Total Alaska | 75,573,060 | ||||
Arizona – 1.6% | ||||||
Arizona Board of Regents, Univeristy of Arizona, SPEED Revenue Bonds, Stimulus Plan for Economic and Educational Development, Series 2020C Forward Delivery: | ||||||
1,000 | 5.000%, 8/01/22 | No Opt. Call | Aa3 | 1,039,970 | ||
1,000 | 5.000%, 8/01/24 | No Opt. Call | Aa3 | 1,132,550 | ||
Arizona Industrial Development Authority, Hospital Revenue Bonds, Phoenix Children's Hospital, Series 2021A: | ||||||
1,200 | 5.000%, 2/01/23 (WI/DD, Settling 11/03/21) | No Opt. Call | AA- | 1,270,260 | ||
1,450 | 5.000%, 2/01/24 (WI/DD, Settling 11/03/21) | No Opt. Call | AA- | 1,599,133 | ||
1,300 | 5.000%, 2/01/25 (WI/DD, Settling 11/03/21) | No Opt. Call | AA- | 1,486,654 | ||
915 | 5.000%, 2/01/26 (WI/DD, Settling 11/03/21) | No Opt. Call | AA- | 1,077,257 | ||
Arizona State, Certificates of Participation, Refunding Series 2019A: | ||||||
5,430 | 5.000%, 10/01/26 (ETM) | No Opt. Call | Aa2 (4) | 6,597,178 | ||
5,045 | 5.000%, 10/01/27 (ETM) | No Opt. Call | Aa2 (4) | 6,285,515 | ||
16,900 | Chandler Industrial Development Authority, Arizona, Industrial Development Revenue Bonds, Intel Corporation Project, Series 2005, 2.400%, 12/01/35 (Mandatory Put 8/14/23) | No Opt. Call | A+ | 17,517,188 | ||
1,760 | Chandler Industrial Development Authority, Arizona, Industrial Development Revenue Bonds, Intel Corporation Project, Series 2007, 2.700%, 12/01/37 (Mandatory Put 8/14/23) (AMT) | No Opt. Call | A+ | 1,831,386 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Arizona (continued) | ||||||
$ 19,570 | Chandler Industrial Development Authority, Arizona, Industrial Development Revenue Bonds, Intel Corporation Project, Series 2019, 5.000%, 6/01/49 (Mandatory Put 6/03/24) (AMT) | 6/24 at 100.00 | A+ | $21,863,017 | ||
2,430 | Coconino County, Arizona, Pollution Control Revenue Bonds, Nevada Power Company Project, Refunding Series 2017A, 1.875%, 9/01/32 (Mandatory Put 3/31/23) (AMT) | No Opt. Call | A+ | 2,478,478 | ||
2,500 | Coconino County, Arizona, Pollution Control Revenue Bonds, Nevada Power Company Project, Refunding Series 2017B, 1.650%, 3/01/39 (Mandatory Put 3/31/23) | No Opt. Call | A+ | 2,546,400 | ||
Glendale Industrial Development Authority, Arizona, Revenue Bonds, Midwestern University, Refunding Series 2020: | ||||||
750 | 5.000%, 5/15/22 | No Opt. Call | AA | 771,735 | ||
550 | 5.000%, 5/15/23 | No Opt. Call | AA | 590,876 | ||
425 | 4.000%, 5/15/24 | No Opt. Call | AA | 464,189 | ||
14,500 | Maricopa County Industrial Development Authority, Arizona, Hospital Revenue Bonds, HonorHealth, Series 2019B, 5.000%, 9/01/45 (Mandatory Put 9/01/24) | No Opt. Call | A+ | 16,447,930 | ||
6,730 | Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Series 2017C, 5.000%, 1/01/48 (Mandatory Put 10/18/24) | No Opt. Call | AA- | 7,675,700 | ||
3,780 | Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Variable Rate Series 2019B, 0.400%, 1/01/35 (Mandatory Put 10/18/22) (SIFMA reference rate + 0.380% spread) (5) | 4/22 at 100.00 | AA- | 3,782,155 | ||
3,255 | Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Variable Rate Series 2019C, 0.620%, 1/01/35 (Mandatory Put 10/18/24) (SIFMA reference rate + 0.570% spread) (5) | 10/23 at 100.00 | AA- | 3,273,781 | ||
4,500 | Maricopa County Pollution Control Corporation, Arizona, Pollution Control Revenue Bonds, Public Service Company of New Mexico Palo Verde Project, Refunding Series 2010A, 0.875%, 6/01/43 (Mandatory Put 10/01/26) (WI/DD, Settling 10/01/21) | No Opt. Call | BBB | 4,458,240 | ||
2,150 | Maricopa County Pollution Control Corporation, Arizona, Pollution Control Revenue Bonds, Public Service Company of New Mexico Palo Verde Project, Refunding Series 2010B, 0.875%, 6/01/43 (Mandatory Put 10/01/26) (WI/DD, Settling 10/01/21) | No Opt. Call | BBB | 2,130,048 | ||
900 | Maricopa County Unified School District 60 Higley, Arizona, General Obligation Bonds, Refunding School Improvement Series 2015, 4.000%, 7/01/22 – AGM Insured | No Opt. Call | AA | 925,488 | ||
1,270 | Maricopa County Unified School District 60 Higley, Arizona, General Obligation Bonds, School Improvement Project of 2013, Series 2014A, 4.000%, 7/01/24 | No Opt. Call | Aa2 | 1,396,060 | ||
2,055 | Mesa, Arizona, General Obligation Bonds, Refunding Series 2012, 4.000%, 7/01/22 | No Opt. Call | AAA | 2,113,835 | ||
4,030 | Mesa, Arizona, Street and Highway User Revenue Bonds, Refunding Series 2012, 5.000%, 7/01/22 | No Opt. Call | AA | 4,175,241 | ||
3,615 | Mesa, Arizona, Street and Highway User Revenue Bonds, Refunding Series 2015, 5.000%, 7/01/26 | 7/25 at 100.00 | AA | 4,215,307 | ||
Phoenix Civic Improvement Corporation, Arizona, Water System Revenue Bonds, Refunding Junior Lien Series 2021B: | ||||||
3,650 | 5.000%, 7/01/24 | No Opt. Call | AAA | 4,120,339 | ||
3,250 | 5.000%, 7/01/25 | No Opt. Call | AAA | 3,801,590 | ||
300 | Pima County Industrial Development Authority, Arizona, Revenue Bonds, Tucson Electric Power Company Project, Series 2013A, 4.000%, 9/01/29 | 3/23 at 100.00 | A- | 313,125 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Arizona (continued) | ||||||
Pinal County, Arizona, Pledged Revenue Obligations, Refunding Series 2014: | ||||||
$ 1,425 | 5.000%, 8/01/22 | No Opt. Call | AA | $1,481,587 | ||
2,000 | 5.000%, 8/01/23 | No Opt. Call | AA | 2,173,400 | ||
2,000 | 5.000%, 8/01/24 | No Opt. Call | AA | 2,260,240 | ||
1,000 | Pinal County, Arizona, Pledged Revenue Obligations, Series 2014, 5.000%, 8/01/24 | No Opt. Call | AA | 1,130,120 | ||
3,350 | Tempe Industrial Development Authority, Arizona, Revenue Bonds, Friendship Village of Tempe Project, Refunding Series 2021C-2 TEMPS -60, 1.125%, 12/01/26 (WI/DD, Settling 10/05/21) | 12/22 at 100.00 | N/R | 3,329,129 | ||
3,715 | Yavapai County Industrial Development Authority, Arizona, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Series 2002, 1.300%, 6/01/27 (Mandatory Put 6/01/21) (AMT) | No Opt. Call | A- | 3,725,068 | ||
129,700 | Total Arizona | 141,480,169 | ||||
Arkansas – 0.4% | ||||||
8,605 | Arkansas State, Federal Highway Grant Anticipation and Tax Revenue Bonds, Series 2013, 5.000%, 10/01/22 | No Opt. Call | Aa1 | 9,015,975 | ||
5,250 | Fayetteville, Arkansas, Sales and Use Tax Revenue Bonds, Refunding & Capital Improvement Series 2019A, 2.000%, 11/01/29 | 11/26 at 100.00 | AA- | 5,355,787 | ||
Pulaksi County Public Facilities Board, Arkansas, Health Facilities Revenue Bonds, CARTI Project, Series 2013: | ||||||
1,075 | 4.000%, 7/01/22 (ETM) | No Opt. Call | N/R (4) | 1,105,498 | ||
1,180 | 5.250%, 7/01/27 (Pre-refunded 7/01/23) | 7/23 at 100.00 | N/R (4) | 1,282,672 | ||
545 | 5.250%, 7/01/28 (Pre-refunded 7/01/23) | 7/23 at 100.00 | N/R (4) | 592,420 | ||
Pulaski County Public Facilities Board, Arkansas, Healthcare Revenue Bonds, Baptist Health, Series 2014: | ||||||
500 | 5.000%, 12/01/22 | No Opt. Call | A | 527,360 | ||
1,760 | 5.000%, 12/01/23 | No Opt. Call | A | 1,933,078 | ||
2,160 | 5.000%, 12/01/24 | No Opt. Call | A | 2,463,804 | ||
2,000 | Rogers School District 30, Benton County, Arkansas, General Obligation Bonds, Construction Series 2019, 2.125%, 2/01/31 | 2/25 at 100.00 | Aa2 | 2,048,040 | ||
Rogers School District 30, Benton County, Arkansas, General Obligation Bonds, Refunding Series 2019: | ||||||
2,560 | 3.000%, 2/01/27 | 8/24 at 100.00 | Aa2 | 2,730,522 | ||
3,790 | 3.000%, 2/01/28 | 8/24 at 100.00 | Aa2 | 4,027,633 | ||
3,915 | 3.000%, 2/01/29 | 8/24 at 100.00 | Aa2 | 4,147,003 | ||
33,340 | Total Arkansas | 35,229,792 | ||||
California – 3.6% | ||||||
17,400 | Bay Area Toll Authority, California, Revenue Bonds, San Francisco Bay Area Toll Bridge, Term Rate Series 2018A, 2.625%, 4/01/45 (Mandatory Put 4/01/26) | 10/25 at 100.00 | AA | 18,744,150 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Los Angeles County Securitization Corporation, Series 2020A: | ||||||
$ 450 | 4.000%, 6/01/22 | No Opt. Call | A | $460,499 | ||
630 | 4.000%, 6/01/23 | No Opt. Call | A | 666,603 | ||
605 | 5.000%, 6/01/24 | No Opt. Call | A | 676,209 | ||
740 | 5.000%, 6/01/25 | No Opt. Call | A | 856,424 | ||
905 | 5.000%, 6/01/26 | No Opt. Call | A | 1,079,955 | ||
840 | 5.000%, 6/01/27 | No Opt. Call | A | 1,029,613 | ||
1,185 | 5.000%, 6/01/28 | No Opt. Call | A | 1,487,578 | ||
1,475 | 5.000%, 6/01/29 | No Opt. Call | A | 1,888,089 | ||
1,000 | 5.000%, 6/01/30 | No Opt. Call | A | 1,304,500 | ||
200 | California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Los Angeles County Securitization Corporation, Series 2020B-1, 1.750%, 6/01/30 | No Opt. Call | A | 201,270 | ||
2,685 | California Department of Water Resources, Central Valley Project Water System Revenue Bonds, Series 2021BD, 5.000%, 12/01/25 | No Opt. Call | AAA | 3,192,116 | ||
6,605 | California Health Facilities Financing Authority, Revenue Bonds, Adventist Health System/West, Series 2011A, 3.000%, 3/01/41 (Mandatory Put 3/01/24) | 9/23 at 100.00 | A | 6,898,922 | ||
8,145 | California Health Facilities Financing Authority, Revenue Bonds, Providence Saint Joseph Health, Series 2016B-3, 2.000%, 10/01/36 (Mandatory Put 10/01/25) | 10/25 at 100.00 | AA- | 8,636,958 | ||
5,420 | California Health Facilities Financing Authority, Revenue Bonds, Providence Saint Joseph Health, Term Rate Series 2019C, 5.000%, 10/01/39 (Mandatory Put 10/01/25) | 10/25 at 100.00 | AA- | 6,389,584 | ||
3,907 | California Housing Finance Agency, Municipal Certificate Revenue Bonds, Class A Series 2019-2, 4.000%, 3/20/33 | No Opt. Call | BBB+ | 4,606,813 | ||
10,400 | California Infrastructure and Economic Development Bank, Revenue Bonds, Brightline West Passenger Rail Project, Series 2020A, 0.200%, 1/01/50 (Mandatory Put 2/01/22), 144A (AMT) | 2/22 at 100.00 | Aaa | 10,398,960 | ||
California Infrastructure and Economic Development Bank, Revenue Bonds, J Paul Getty Trust, Refunding Series 2020A-1: | ||||||
1,050 | 4.000%, 4/01/25 | No Opt. Call | AAA | 1,184,232 | ||
1,000 | 4.000%, 4/01/26 | No Opt. Call | AAA | 1,157,170 | ||
19,790 | California Municipal Finance Authority, Revenue Bonds, Linxs APM Project, Senior Lien Series 2018A, 3.000%, 12/31/30 – AGM Insured (AMT) | 6/28 at 100.00 | AA | 21,529,343 | ||
California Municipal Finance Authority, Reveue Bonds, Community Medical Centers, Series 2017A: | ||||||
1,565 | 5.000%, 2/01/22 | No Opt. Call | A- | 1,589,273 | ||
2,600 | 5.000%, 2/01/23 | No Opt. Call | A- | 2,762,786 | ||
1,920 | 5.000%, 2/01/24 | No Opt. Call | A- | 2,127,859 | ||
1,700 | 5.000%, 2/01/25 | No Opt. Call | A- | 1,955,561 | ||
2,000 | 5.000%, 2/01/26 | No Opt. Call | A- | 2,374,440 | ||
1,500 | 5.000%, 2/01/27 | No Opt. Call | A- | 1,830,615 | ||
3,385 | California Pollution Control Financing Authority, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Refunding Series 2015B-2, 3.125%, 11/01/40 (Mandatory Put 11/03/25) (AMT) | No Opt. Call | A- | 3,727,562 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$ 5,995 | California Pollution Control Financing Authority, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Series 2015A-1, 3.375%, 7/01/25 (AMT) | No Opt. Call | A- | $6,607,209 | ||
6,680 | California Pollution Control Financing Authority, Solid Waste Disposal Revenue Bonds, Waste Management, Inc Project, Refunding Series 2015B-1, 3.000%, 11/01/25 (AMT) | No Opt. Call | A- | 7,321,547 | ||
3,700 | California Pollution Control Financing Authority, Water Facilities Revenue Bonds, American Water Capital Corporation, Project, Refunding Series 2020, 0.600%, 8/01/40 (Mandatory Put 9/01/23) | No Opt. Call | A | 3,697,928 | ||
5,500 | California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2014A, 5.250%, 12/01/29 | 12/24 at 100.00 | BB | 6,240,685 | ||
1,000 | California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2016A, 5.000%, 12/01/27, 144A | 6/26 at 100.00 | BB | 1,158,250 | ||
325 | California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2018A, 5.000%, 12/01/27, 144A | No Opt. Call | BB | 389,929 | ||
5,630 | California Statewide Communities Development Authority, Health Facility Revenue Bonds, Community Hospital of the Monterey Peninsula, Series 2012A, 1.870%, 6/01/23 | 11/21 at 100.00 | N/R | 5,636,700 | ||
765 | California Statewide Communities Development Authority, Revenue Bonds, Huntington Memorial Hospital, Refunding Series 2014B, 5.000%, 7/01/24 | No Opt. Call | A- | 859,990 | ||
5,040 | California Statewide Communities Development Authority, Revenue Bonds, Kaiser Permanente, Series 2009C-1, 5.000%, 4/01/46 (Mandatory Put 11/01/29) | No Opt. Call | AA- | 6,547,968 | ||
3,625 | California Statewide Community Development Authority, Revenue Bonds, Kaiser Permanente System, Series 2004L, 5.000%, 4/01/38 (Mandatory Put 11/01/29) | No Opt. Call | AA- | 4,709,600 | ||
5,185 | Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Series 2018A-1, 3.500%, 6/01/36 | 6/22 at 100.00 | BB | 5,251,575 | ||
Los Angeles County Metropolitan Transportation Authority, California, Measure R Sales Tax Revenue Bonds, Refunding Junior Subordinate Green Series 2020A: | ||||||
9,715 | 5.000%, 6/01/25 | No Opt. Call | AA | 11,359,264 | ||
25,525 | 5.000%, 6/01/26 | No Opt. Call | AA | 30,854,620 | ||
5,010 | Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2018B, 5.000%, 1/01/22 | 12/21 at 100.00 | Aa2 | 5,048,777 | ||
2,825 | Los Angeles Department of Water and Power, California, Waterworks Revenue Bonds, Series 2013B, 5.000%, 7/01/22 | No Opt. Call | AA+ | 2,927,011 | ||
1,270 | Miracosta Community College District, California, General Obligation Bonds, Election 2016, Series 2016B, 4.000%, 8/01/27 | No Opt. Call | AAA | 1,512,938 | ||
2,715 | New Haven Unified School District, California, General Obligation Bonds, Refunding Series 2014A, 5.000%, 8/01/25 – BAM Insured | 8/24 at 100.00 | AA | 3,065,018 | ||
Newport-Mesa Unified School District, Orange County, California, General Obligation Bonds, Election 2000 Refunding Series 2020: | ||||||
1,900 | 5.000%, 8/01/22 | No Opt. Call | Aaa | 1,976,418 | ||
2,500 | 5.000%, 8/01/23 | No Opt. Call | Aaa | 2,719,650 | ||
38,230 | Orange County Transportation Authority, California, Bond Anticipation Notes, I-405 Improvement Project, Series 2021, 5.000%, 10/15/24 | No Opt. Call | AA | 43,613,931 | ||
16,210 | Riverside County Office of Education, California, Pooled Cross Fiscal Year 2020-21 Tax and Revenue Anticipation Notes, Participations Series 2021A, 2.000%, 12/01/21 | No Opt. Call | N/R | 16,261,548 | ||
30 | San Bernardino, California, GNMA Mortgage-Backed Securities Program Single Family Mortgage Revenue Refunding Bonds, Series 1990A, 7.500%, 5/01/23 (ETM) | No Opt. Call | Aaa | 31,754 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
California (continued) | ||||||
$ 13,925 | San Diego Association of Governments, California, Capital Grants Receipts Revenue Bonds, Mid-Coast Corridor Transit Project, Green Series 2019B, 1.800%, 11/15/27 | 11/26 at 100.00 | A- | $14,544,941 | ||
6,340 | San Francisco Airports Commission, California, Revenue Bonds, San Francisco International Airport, Refunding Second Series 2017D, 5.000%, 5/01/25 (AMT) | No Opt. Call | A1 | 7,335,443 | ||
San Francisco Bay Area Rapid Transit District, California, General Obligation Bonds, Election of 2016, Green Series 2020C-1: | ||||||
1,170 | 5.000%, 8/01/24 | No Opt. Call | Aaa | 1,325,435 | ||
1,340 | 5.000%, 8/01/25 | No Opt. Call | Aaa | 1,573,977 | ||
4,025 | 5.000%, 8/01/29 | No Opt. Call | Aaa | 5,280,679 | ||
10,000 | San Francisco City and County, California, General Obligation Bonds, Refunding Series 2021R-2, 5.000%, 6/15/22 | No Opt. Call | AAA | 10,339,600 | ||
1,530 | Vallecito Union School District, Calaveras County, California, General Obligation Bonds,2018 Election, Anticipation Note Series 2019, 0.000%, 8/01/22 | No Opt. Call | AA | 1,525,961 | ||
Washington Township Health Care District, California, Revenue Bonds, Refunding Series 2015A: | ||||||
1,130 | 5.000%, 7/01/22 | No Opt. Call | Baa2 | 1,167,697 | ||
980 | 5.000%, 7/01/23 | No Opt. Call | Baa2 | 1,055,803 | ||
288,917 | Total California | 320,698,930 | ||||
Colorado – 1.9% | ||||||
7,375 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Adventist Health, Sunbelt Obligated Group, Series 2014E, 5.000%, 11/15/24 | 5/24 at 100.00 | AA | 8,275,266 | ||
16,975 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, Catholic Health Initiatives, Series 2008D-3, 5.000%, 10/01/38 (Mandatory Put 11/12/21) | No Opt. Call | BBB+ | 17,057,668 | ||
Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-1: | ||||||
2,545 | 5.000%, 8/01/25 | No Opt. Call | BBB+ | 2,965,103 | ||
2,500 | 5.000%, 8/01/26 | No Opt. Call | BBB+ | 3,000,275 | ||
Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-2: | ||||||
3,000 | 5.000%, 8/01/25 | No Opt. Call | BBB+ | 3,495,210 | ||
2,500 | 5.000%, 8/01/26 | No Opt. Call | BBB+ | 3,000,275 | ||
3,140 | 5.000%, 8/01/29 | No Opt. Call | BBB+ | 4,018,478 | ||
5,000 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019B-1, 5.000%, 8/01/49 (Mandatory Put 8/01/25) | 2/25 at 100.00 | BBB+ | 5,699,400 | ||
10,920 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019B-2, 5.000%, 8/01/49 (Mandatory Put 8/01/26) | 2/26 at 100.00 | BBB+ | 12,813,091 | ||
Colorado Health Facilities Authority, Colorado, Revenue Bonds, Evangelical Lutheran Good Samaritan Society Project, Series 2013A: | ||||||
2,300 | 5.000%, 6/01/22 (ETM) | No Opt. Call | N/R (4) | 2,373,830 | ||
500 | 5.000%, 6/01/23 (ETM) | No Opt. Call | N/R (4) | 539,360 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
Colorado Health Facilities Authority, Colorado, Revenue Bonds, SCL Health System, Refunding Series 2019A: | ||||||
$ 3,155 | 5.000%, 1/01/26 | No Opt. Call | AA- | $3,736,151 | ||
4,550 | 5.000%, 1/01/27 | No Opt. Call | AA- | 5,540,581 | ||
5,100 | 5.000%, 1/01/28 | No Opt. Call | AA- | 6,369,033 | ||
630 | Colorado Housing and Finance Authority, Single Family Mortgage Bonds, Class I Series 2021E, 1.950%, 11/01/36 | 5/30 at 100.00 | AAA | 625,225 | ||
2,500 | Colorado Housing and Finance Authority, Single Family Mortgage Bonds, Class I Series 2021H, 1.800%, 11/01/36 | 5/30 at 100.00 | AAA | 2,400,850 | ||
10,395 | Colorado State Education Loan Program, Tax and Revenue Anticipation Notes, Series 2021A, 4.000%, 6/29/22 | No Opt. Call | N/R | 10,696,039 | ||
Colorado State, Certificates of Participation, Rural Series 2020A: | ||||||
765 | 5.000%, 12/15/21 | No Opt. Call | Aa2 | 772,398 | ||
2,195 | 5.000%, 12/15/22 | No Opt. Call | Aa2 | 2,322,091 | ||
Colorado State, Certificates of Participation, Rural Series 2021A: | ||||||
8,785 | 5.000%, 12/15/21 | No Opt. Call | Aa2 | 8,869,951 | ||
8,845 | 5.000%, 12/15/22 | No Opt. Call | Aa2 | 9,357,125 | ||
4,715 | 5.000%, 12/15/23 | No Opt. Call | Aa2 | 5,206,350 | ||
4,600 | 5.000%, 12/15/24 | No Opt. Call | Aa2 | 5,274,498 | ||
530 | Cornerstar Metropolitan District, Arapahoe County, Colorado, General Obligation Bonds, Limited Tax Convertible to Unlimited Tax, Refunding Series 2017A, 4.500%, 12/01/27 | 12/22 at 103.00 | N/R | 557,809 | ||
13,115 | Denver City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2018A, 5.000%, 12/01/24 (AMT) | No Opt. Call | A+ | 14,937,460 | ||
3,000 | E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 2021B, 0.384%, 9/01/39 (Mandatory Put 9/01/24) (SOFR *0.67% reference rate + 0.350% spread) (5) | 6/24 at 100.00 | A | 3,003,960 | ||
Gardens on Havana Metropolitan District 3, Arapahoe County, Colorado, Special Revenue Bonds, Refunding Series 2017A: | ||||||
680 | 3.625%, 12/01/21 | No Opt. Call | N/R | 682,264 | ||
3,705 | 4.625%, 12/01/27 | 12/22 at 103.00 | N/R | 3,907,923 | ||
5,725 | Moffat County, Colorado, Pollution Control Revenue Bonds, Tri-State Generation and Transmission Association, Inc Project, Refunding Series 2009, 2.000%, 3/01/36 (Mandatory Put 10/03/22) | No Opt. Call | A3 | 5,816,199 | ||
Regional Transportation District, Colorado, Private Activity Bonds, Denver Transit Partners Eagle P3 Project, Series 2020A: | ||||||
575 | 5.000%, 1/15/24 | No Opt. Call | A- | 632,788 | ||
475 | 5.000%, 7/15/24 | No Opt. Call | A- | 532,513 | ||
325 | 5.000%, 1/15/25 | No Opt. Call | A- | 369,970 | ||
400 | 5.000%, 7/15/25 | No Opt. Call | A- | 462,448 | ||
500 | 3.000%, 1/15/26 | No Opt. Call | A- | 544,180 | ||
425 | 5.000%, 7/15/26 | No Opt. Call | A- | 505,011 | ||
1,400 | 5.000%, 1/15/27 | No Opt. Call | A- | 1,683,206 | ||
625 | 5.000%, 7/15/27 | No Opt. Call | A- | 760,275 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
$ 555 | STC Metropolitan District 2, Superior, Boulder County, Colorado, Limited Tax General Obligation and Special Revenue Bonds, Refunding & improvement Series 2019A, 3.000%, 12/01/25 | 12/24 at 103.00 | N/R | $581,390 | ||
500 | Sterling Ranch Community Authority Board, Douglas County, Colorado, Limited Tax Supported District 2, Refunding & Improvement Senior Series 2020A, 3.375%, 12/01/30 | 12/25 at 102.00 | N/R | 546,405 | ||
805 | Transport Metropolitan District 3, In the City of Aurora, Adams County, Colorado, General Obligation Limited Bonds, Series 2021A-1, 4.125%, 12/01/31 | 3/26 at 103.00 | N/R | 887,722 | ||
Windy Gap Firming Project Water Activity Enterprise, Colorado, Senior Revenue Bonds, Series 2021: | ||||||
1,480 | 5.000%, 7/15/26 | No Opt. Call | AA | 1,787,115 | ||
1,000 | 5.000%, 7/15/27 | No Opt. Call | AA | 1,239,200 | ||
148,810 | Total Colorado | 163,846,086 | ||||
Connecticut – 3.7% | ||||||
7,085 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hartford HealthCare Issue, Series 2020B-1, 5.000%, 7/01/53 (Mandatory Put 1/01/25) | 10/24 at 100.93 | A+ | 8,081,718 | ||
1,430 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hartford HealthCare Issue, Series 2020B-2, 5.000%, 7/01/53 (Mandatory Put 1/01/27) | 10/26 at 100.87 | A+ | 1,727,440 | ||
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Stamford Hospital, Series 2021L-1: | ||||||
845 | 4.000%, 7/01/22 | No Opt. Call | BBB+ | 867,587 | ||
1,250 | 4.000%, 7/01/25 | No Opt. Call | BBB+ | 1,403,388 | ||
24,640 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Series 2010A-4, 2.000%, 7/01/49 (Mandatory Put 2/08/22) | No Opt. Call | AAA | 24,796,710 | ||
740 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Series 2014A, 1.100%, 7/01/48 (Mandatory Put 2/07/23) | No Opt. Call | AAA | 748,480 | ||
12,025 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Series 2015A, 0.375%, 7/01/35 (Mandatory Put 7/12/24) | No Opt. Call | AAA | 12,012,975 | ||
35,715 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Series 2016A-1, 1.450%, 7/01/42 (Mandatory Put 7/01/22) | No Opt. Call | AAA | 36,054,650 | ||
6,655 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Series 2017A-2, 5.000%, 7/01/42 (Mandatory Put 7/01/22) | No Opt. Call | AAA | 6,893,781 | ||
6,885 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Series 2017B-2, 0.550%, 7/01/37 (Mandatory Put 7/03/23) | No Opt. Call | AAA | 6,917,084 | ||
44,445 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Variable Rate Demand Obligations, Series 1999-U2, 2.000%, 7/01/33 (Mandatory Put 2/08/22) | No Opt. Call | AAA | 44,727,670 | ||
26,310 | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven Health Issue, Series 2014D, 1.800%, 7/01/49 (Mandatory Put 7/01/24) | 1/24 at 100.00 | AA- | 27,145,869 | ||
1,955 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2018D-1, 3.750%, 11/15/33 | 11/27 at 100.00 | AAA | 2,179,825 | ||
5,000 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2019F-1, 2.600%, 11/15/34 | 11/28 at 100.00 | AAA | 5,231,750 | ||
3,505 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2020A-1, 2.300%, 11/15/35 | 5/29 at 100.00 | AAA | 3,565,111 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Connecticut (continued) | ||||||
$ 4,350 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2020C-1, 1.950%, 11/15/35 | 11/29 at 100.00 | AAA | $4,309,936 | ||
1,250 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2020C-2, 2.200%, 11/15/34 (AMT) | 11/29 at 100.00 | AAA | 1,255,525 | ||
4,000 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2021A-1, 1.700%, 5/15/34 | 5/30 at 100.00 | AAA | 3,875,400 | ||
2,900 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2021B-1, 2.000%, 11/15/36 | 11/30 at 100.00 | AAA | 2,840,985 | ||
12,115 | Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Social Series 2021D-1, 2.000%, 11/15/36 (WI/DD, Settling 10/05/21) | 11/30 at 100.00 | AAA | 11,868,460 | ||
7,175 | Connecticut State, General Obligation Bonds, Refunding Series 2018B, 5.000%, 4/15/22 | No Opt. Call | Aa3 | 7,360,689 | ||
Connecticut State, General Obligation Bonds, Refunding Series 2020D: | ||||||
5,950 | 5.000%, 7/15/22 | No Opt. Call | Aa3 | 6,175,564 | ||
5,000 | 5.000%, 7/15/23 | No Opt. Call | Aa3 | 5,427,850 | ||
Connecticut State, General Obligation Bonds, Refunding Series 2021C: | ||||||
20,000 | 5.000%, 7/15/22 | No Opt. Call | Aa3 | 20,758,200 | ||
9,115 | 5.000%, 7/15/24 | No Opt. Call | Aa3 | 10,307,971 | ||
6,875 | 5.000%, 7/15/24 | No Opt. Call | Aa3 | 7,774,800 | ||
490 | Connecticut State, General Obligation Bonds, Series 2013C, 5.000%, 7/15/22 | No Opt. Call | Aa3 | 508,576 | ||
1,440 | Connecticut State, General Obligation Bonds, Series 2018C, 5.000%, 6/15/22 | No Opt. Call | Aa3 | 1,488,802 | ||
1,695 | Connecticut State, General Obligation Bonds, Series 2019A, 5.000%, 4/15/23 | No Opt. Call | Aa3 | 1,820,023 | ||
1,200 | Connecticut State, General Obligation Bonds, Series 2020C, 3.000%, 6/01/22 | No Opt. Call | Aa3 | 1,222,632 | ||
1,750 | Connecticut State, Special Tax Obligation Bonds, Transportation Infrastructure Purposes, Refunding Series 20168C, 5.000%, 10/01/23 | No Opt. Call | AA- | 1,917,125 | ||
Connecticut State, Special Tax Obligation Bonds, Transportation Infrastructure Purposes, Refunding Series 2021C: | ||||||
12,000 | 5.000%, 1/01/23 (WI/DD, Settling 10/19/21) | No Opt. Call | AA- | 12,696,120 | ||
3,440 | 5.000%, 1/01/24 (WI/DD, Settling 10/19/21) | No Opt. Call | AA- | 3,796,246 | ||
4,250 | North Branford, Connecticut, General Obligation Bonds, Anticipation Notes, Series 2021, 2.000%, 8/04/22 | No Opt. Call | N/R | 4,315,492 | ||
1,005 | South Central Connecticut Regional Water Authority, Water System Revenue Bonds, Twenty-Ninth Series 2014, 5.000%, 8/01/22 | No Opt. Call | AA- | 1,044,828 | ||
Stamford, Connecticut, General Obligation Bonds, Refunding Series 2021A: | ||||||
3,660 | 4.000%, 8/15/22 | No Opt. Call | AAA | 3,780,890 | ||
8,415 | 4.000%, 8/15/23 | No Opt. Call | AAA | 9,008,342 | ||
525 | Stratford, Connecticut, General Obligation Bonds, Series 2014, 5.000%, 12/15/21 | No Opt. Call | AA- | 529,904 | ||
10,615 | Tolland, Connecticut, General Obligation Bonds, Bond Anticipation Note Series 2021, 1.000%, 9/15/23 | No Opt. Call | N/R | 10,698,434 | ||
West Haven, Connecticut, General Obligation Bonds, Series 2012: | ||||||
2,095 | 5.000%, 8/01/22 – AGM Insured | No Opt. Call | AA | 2,176,056 | ||
2,000 | 5.000%, 8/01/23 – AGM Insured | 8/22 at 100.00 | AA | 2,075,920 | ||
1,000 | 5.000%, 8/01/25 – AGM Insured | 8/22 at 100.00 | AA | 1,036,990 | ||
312,795 | Total Connecticut | 322,425,798 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Delaware – 0.9% | ||||||
$ 14,785 | Delaware Economic Development Authority, Exempt Facility Revenue Bonds, NRG Energy Project, Refunding Series 2020A, 1.250%, 10/01/45 (Mandatory Put 10/01/25) | 10/25 at 100.00 | BBB- | $14,899,880 | ||
9,000 | Delaware Economic Development Authority, Exempt Facility Revenue Bonds, NRG Energy Project, Refunding Series 2020B, 1.250%, 10/01/40 (Mandatory Put 10/01/25) | 10/25 at 100.00 | BBB- | 9,071,910 | ||
7,855 | Delaware Economic Development Authority, Gas Facilities Revenue Bonds, Delmarva Power & Light Company Project, Refunding Series 2020, 1.050%, 1/01/31 (Mandatory Put 7/01/25) | No Opt. Call | A | 7,965,677 | ||
Delaware State, General Obligation Bonds, Refunding Series 2020B: | ||||||
2,080 | 5.000%, 7/01/22 | No Opt. Call | Aaa | 2,154,963 | ||
1,550 | 5.000%, 7/01/24 | No Opt. Call | Aaa | 1,751,113 | ||
14,880 | Delaware State, General Obligation Bonds, Series 2021, 5.000%, 2/01/25 | No Opt. Call | AAA | 17,175,686 | ||
Delaware Transportation Authority, Transportation System Revenue Bonds, Senior Lien Series 2020: | ||||||
3,140 | 5.000%, 7/01/26 | No Opt. Call | AA+ | 3,788,912 | ||
4,900 | 5.000%, 7/01/27 | No Opt. Call | AA+ | 6,078,548 | ||
9,795 | 5.000%, 7/01/28 | No Opt. Call | AA+ | 12,457,673 | ||
67,985 | Total Delaware | 75,344,362 | ||||
District of Columbia – 0.6% | ||||||
10,000 | District of Columbia, Income Tax Secured Revenue Bonds, Series 2011G, 5.000%, 12/01/30 (Pre-refunded 12/01/21) | 12/21 at 100.00 | AAA | 10,077,500 | ||
Metropolitan Washington DC Airports Authority, Airport System Revenue Bonds, Refunding Series 2018A: | ||||||
8,190 | 5.000%, 10/01/22 (AMT) | No Opt. Call | Aa3 | 8,580,253 | ||
10,830 | 5.000%, 10/01/23 (AMT) | No Opt. Call | Aa3 | 11,843,688 | ||
8,875 | 5.000%, 10/01/24 (AMT) | No Opt. Call | Aa3 | 10,059,369 | ||
7,320 | 5.000%, 10/01/25 (AMT) | No Opt. Call | Aa3 | 8,562,936 | ||
1,200 | Washington Metropolitan Area Transit Authority, District of Columbia, Gross Revenue Bonds, Series 2018, 5.000%, 7/01/24 | No Opt. Call | AA- | 1,351,824 | ||
46,415 | Total District of Columbia | 50,475,570 | ||||
Florida – 3.4% | ||||||
4,250 | Alachua County Health Facilities Authority, Florida, Health Facilties Revenue Bonds, Shands Teaching Hospital & Clinics, Inc at the University of Florida Project, Refunding Series 2019B-2, 5.000%, 12/01/37 (Mandatory Put 12/01/26) | 6/26 at 100.00 | A | 5,008,243 | ||
Broward County, Florida, Airport System Revenue Bonds, Series 2015A: | ||||||
5,000 | 5.000%, 10/01/24 (AMT) | No Opt. Call | A1 | 5,667,250 | ||
5,725 | 5.000%, 10/01/25 (AMT) | No Opt. Call | A1 | 6,697,105 | ||
2,370 | 5.000%, 10/01/26 (AMT) | 10/25 at 100.00 | A1 | 2,770,388 | ||
4,110 | 5.000%, 10/01/27 (AMT) | 10/25 at 100.00 | A1 | 4,793,740 | ||
Broward County, Florida, Airport System Revenue Bonds, Series 2017: | ||||||
1,585 | 5.000%, 10/01/21 (AMT) | No Opt. Call | A1 | 1,585,000 | ||
1,000 | 5.000%, 10/01/23 (AMT) | No Opt. Call | A1 | 1,092,550 | ||
1,085 | Cape Coral, Florida, Utility Improvement Assessment Bonds, Refunding Various Areas Series 2017, 2.125%, 9/01/22 – AGM Insured | No Opt. Call | AA | 1,103,705 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
Citizens Property Insurance Corporation, Florida, Coastal Account Senior Secured Bonds, Series 2015A-1: | ||||||
$ 18,135 | 5.000%, 6/01/22 | 12/21 at 100.00 | AA | $18,272,463 | ||
10,845 | 5.000%, 6/01/25 | 12/24 at 100.00 | AA | 12,396,052 | ||
Clay County, Florida, Sales Surtax Revenue Bonds, Series 2020: | ||||||
1,855 | 5.000%, 10/01/27 | No Opt. Call | AA | 2,296,230 | ||
1,885 | 5.000%, 10/01/28 | No Opt. Call | AA | 2,387,993 | ||
1,740 | 5.000%, 10/01/29 | No Opt. Call | AA | 2,250,690 | ||
5,025 | Florida Department of Transportation, Full Faith and Credit Right-of-Way Acquisition and Bridge Construction Bonds, Refunding Series 2015A, 5.000%, 7/01/23 | No Opt. Call | AAA | 5,443,934 | ||
10,665 | Florida Department of Transportation, Full Faith and Credit Right-of-Way Acquisition and Bridge Construction Bonds, Refunding Series 2021B, 5.000%, 7/01/25 | No Opt. Call | AAA | 12,475,064 | ||
Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Virgin Trains USA Passenger Rail Project, Series 2019A: | ||||||
26,750 | 6.375%, 1/01/49 (AMT) (Mandatory Put 1/01/26), 144A | 11/21 at 104.00 | N/R | 27,329,940 | ||
24,930 | 6.500%, 1/01/49 (AMT) (Mandatory Put 1/01/29), 144A | 11/21 at 104.00 | N/R | 25,413,891 | ||
2,770 | Florida Housing Finance Corporation, Homeowner Mortgage Revenue Bonds, Series 2018-2, 3.750%, 7/01/33 | 1/28 at 100.00 | Aaa | 2,980,520 | ||
9,400 | Florida Housing Finance Corporation, Homeowner Mortgage Revenue Bonds, Series 2019-1, 2.800%, 7/01/34 | 7/28 at 100.00 | Aaa | 9,819,898 | ||
2,315 | Florida Housing Finance Corporation, Homeowner Mortgage Revenue Bonds, Social Series 2021-1, 1.800%, 7/01/36 | 1/30 at 100.00 | Aaa | 2,239,230 | ||
3,000 | Florida Housing Finance Corporation, Homeowner Mortgage Revenue Bonds, Social Series 2021-2, 1.800%, 7/01/36 | 7/30 at 100.00 | Aaa | 2,901,810 | ||
4,065 | Florida State Board of Education, Public Education Capital Outlay Bonds, Refunding Series 2017C, 5.000%, 6/01/28 | 6/27 at 100.00 | AAA | 5,047,511 | ||
8,280 | Florida State Department of Transportation Financing Corporation, Revenue Bonds, Series 2020, 5.000%, 7/01/23 | No Opt. Call | AA+ | 8,973,367 | ||
34,084 | Highlands County Health Facilities Authority, Florida, Hospital Revenue Bonds, Adventist Health System/Sunbelt Obligated Group, Refunding Series 2012, 2.025%, 11/15/26 (Mandatory Put 11/15/22) | 8/22 at 101.00 | N/R | 34,640,247 | ||
Manatee County School District, Florida, Sales Tax Revenue Bonds, Series 2017: | ||||||
3,135 | 5.000%, 10/01/23 – AGM Insured | No Opt. Call | AA | 3,420,567 | ||
2,750 | 5.000%, 10/01/25 – AGM Insured | No Opt. Call | AA | 3,221,708 | ||
2,340 | 5.000%, 10/01/26 – AGM Insured | No Opt. Call | AA | 2,822,461 | ||
2,010 | 5.000%, 10/01/27 – AGM Insured | 4/27 at 100.00 | AA | 2,460,039 | ||
2,850 | 5.000%, 10/01/28 – AGM Insured | 4/27 at 100.00 | AA | 3,487,745 | ||
2,540 | 5.000%, 10/01/29 – AGM Insured | 4/27 at 100.00 | AA | 3,098,876 | ||
Miami-Dade County Expressway Authority, Florida, Toll System Revenue Bonds, Refunding Series 2014B: | ||||||
1,805 | 5.000%, 7/01/22 | No Opt. Call | A | 1,867,417 | ||
4,000 | 5.000%, 7/01/23 | No Opt. Call | A | 4,313,040 | ||
3,000 | Miami-Dade County Industrial Development Authority, Florida, Solid Waste Revenue Bonds, Waste Management Inc of Florida Project, Series 2008, 0.400%, 8/01/23 (AMT) | No Opt. Call | A- | 2,999,670 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
$ 2,500 | Okeechobee County, Florida, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Series 2004A, 0.550%, 7/01/39 (Mandatory Put 7/01/24) | No Opt. Call | A- | $2,499,998 | ||
26,210 | Orange County Health Facilities Authority, Florida, Hospital Revenue Bonds, Advent Health Obligated Group, Series 2021C, 5.000%, 11/15/52 (Mandatory Put 11/15/26) | No Opt. Call | AA | 31,746,862 | ||
Orlando, Florida, Tourist Development Tax Revenue Bonds, 6th Cent Contract Payments, Refunding Senior Series 2017A: | ||||||
2,135 | 5.000%, 11/01/29 – AGM Insured | 11/27 at 100.00 | AA | 2,640,675 | ||
9,215 | 5.000%, 11/01/30 – AGM Insured | 11/27 at 100.00 | AA | 11,346,982 | ||
Port Saint Lucie, Florida, Utility System Revenue Bonds, Refunding Series 2014: | ||||||
500 | 5.000%, 9/01/22 | No Opt. Call | AA | 521,845 | ||
510 | 5.000%, 9/01/23 | No Opt. Call | AA | 556,094 | ||
South Miami Health Facilities Authority, Florida, Hospital Revenue Bonds, Baptist Health Systems of South Florida Obligated Group, Series 2017: | ||||||
440 | 5.000%, 8/15/22 | No Opt. Call | AA- | 458,053 | ||
1,795 | 5.000%, 8/15/23 | No Opt. Call | AA- | 1,952,116 | ||
2,000 | 5.000%, 8/15/24 | No Opt. Call | AA- | 2,259,920 | ||
5,500 | 5.000%, 8/15/25 | No Opt. Call | AA- | 6,422,515 | ||
5,780 | Tampa Bay, Florida, Regional Water Supply Authority, Utility System Revenue Bonds, Series 2015A, 5.000%, 10/01/26 | 10/25 at 100.00 | AA+ | 6,824,099 | ||
115 | Tolomato Community Development District, Florida, Special Assessment Bonds, Convertible, Capital Appreciation, Series 2012A-4, 0.000%, 5/01/40 (6) | 5/22 at 100.00 | N/R | 102,465 | ||
165 | Tolomato Community Development District, Florida, Special Assessment Bonds, Hope Note, Series 2007-3, 6.375%, 5/01/22 (7) | No Opt. Call | N/R | 2 | ||
460 | Tolomato Community Development District, Florida, Special Assessment Bonds, Refunding Series 2015-1, 0.000%, 5/01/40 (6) | 11/21 at 100.00 | N/R | 458,947 | ||
280 | Tolomato Community Development District, Florida, Special Assessment Bonds, Refunding Series 2015-2, 0.000%, 5/01/40 (6) | 11/21 at 100.00 | N/R | 216,656 | ||
305 | Tolomato Community Development District, Florida, Special Assessment Bonds, Refunding Series 2015-3, 6.610%, 5/01/40 (7) | 11/21 at 100.00 | N/R | 3 | ||
273,209 | Total Florida | 299,285,576 | ||||
Georgia – 2.6% | ||||||
8,535 | Athens-Clarke County Unified Government, Georgia, General Obligation Sales Tax Bonds, Series 2021, 5.000%, 12/01/21 | No Opt. Call | Aa1 | 8,600,975 | ||
14,775 | Columbus Medical Center Hospital Authority, Georgia, Revenue Anticipation Certificates, Piedmont Health, Series 2019A, 5.000%, 7/01/54 (Mandatory Put 7/01/26) | 1/26 at 100.00 | AA- | 17,347,180 | ||
8,335 | Columbus Medical Center Hospital Authority, Georgia, Revenue Anticipation Certificates, Piedmont Health, Series 2019B, 5.000%, 7/01/54 (Mandatory Put 7/01/29) | 1/29 at 100.00 | AA- | 10,478,012 | ||
1,680 | DeKalb County, Georgia, Water and Sewerage Revenue Bonds, Refunding Second Resolution Series 2013, 5.000%, 10/01/22 | No Opt. Call | Aa3 | 1,760,741 | ||
4,000 | Fayette County Hospital Authority, Georgia, Revenue Anticipation Certificates, Piedmont Healthcare, Inc Project, Series 2019A, 5.000%, 7/01/54 (Mandatory Put 7/01/24) | 1/24 at 100.00 | AA- | 4,404,000 | ||
2,885 | Georgia Housing and Finance Authority, Single Family Mortgage Bonds, Series 2020A, 2.750%, 12/01/35 | 6/29 at 100.00 | AAA | 3,042,752 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Georgia (continued) | ||||||
Georgia State Road and Tollway Authority, Federal Highway Grant Anticipation Revenue Bonds, Series 2020: | ||||||
$ 4,100 | 5.000%, 6/01/22 | No Opt. Call | AA | $4,230,421 | ||
3,500 | 5.000%, 6/01/23 | No Opt. Call | AA | 3,777,480 | ||
5,000 | 5.000%, 6/01/24 | No Opt. Call | AA | 5,624,400 | ||
10,695 | Georgia State, General Obligation Bonds, Series 2015A, 5.000%, 2/01/24 | No Opt. Call | AAA | 11,881,931 | ||
5,025 | Georgia State, General Obligation Bonds, Series 2017A, 5.000%, 2/01/32 | 2/27 at 100.00 | AAA | 6,114,772 | ||
Georgia State, General Obligation Bonds, Series 2021A: | ||||||
15,385 | 5.000%, 7/01/22 | No Opt. Call | AAA | 15,940,552 | ||
23,040 | 5.000%, 7/01/23 | No Opt. Call | AAA | 24,973,517 | ||
35,780 | 5.000%, 7/01/24 | No Opt. Call | AAA | 40,422,455 | ||
4,530 | Georgia State, General Obligation Bonds, Tranche 1 Series 2016A, 5.000%, 2/01/25 | No Opt. Call | AAA | 5,230,519 | ||
6,040 | Georgia State, General Obligation Bonds, Tranche 2 Series 2016A, 5.000%, 2/01/28 | 2/26 at 100.00 | AAA | 7,166,520 | ||
14,905 | Gwinnett County Water and Sewerage Authority, Georgia, Revenue Bonds, Refunding Series 2021, 4.000%, 8/01/24 | No Opt. Call | AAA | 16,461,529 | ||
Henry County School District, Georgia, General Obligation Bonds, Series 2021: | ||||||
2,875 | 4.000%, 8/01/24 | No Opt. Call | AA+ | 3,175,236 | ||
1,895 | 4.000%, 8/01/25 | No Opt. Call | AA+ | 2,151,697 | ||
11,700 | Main Street Natural Gas Inc, Georgia, Gas Supply Revenue Bonds, Series 2019B, 4.000%, 8/01/49 (Mandatory Put 12/02/24) | 9/24 at 100.43 | Aa2 | 12,896,793 | ||
9,860 | Main Street Natural Gas Inc, Georgia, Gas Supply Revenue Bonds, Series 2019C, 4.000%, 3/01/50 (Mandatory Put 9/01/26) | 6/26 at 100.50 | A3 | 11,257,655 | ||
4,615 | Main Street Natural Gas Inc, Georgia, Gas Supply Revenue Bonds, Series 2021C, 4.000%, 5/01/52 (Mandatory Put 12/01/28) | 9/28 at 100.69 | A3 | 5,452,669 | ||
2,410 | Private Colleges and Universities Authority, Georgia, Revenue Bonds, Emory University, Series 2020B, 5.000%, 9/01/25 | No Opt. Call | AA | 2,835,534 | ||
201,565 | Total Georgia | 225,227,340 | ||||
Hawaii – 0.3% | ||||||
17,130 | Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Hawaiian Electric Company, Inc and Subsidiary Projects, Series 2017A, 3.100%, 5/01/26 (AMT) | No Opt. Call | A- | 18,684,719 | ||
2,490 | HAWAIIAN ELECTRIC COMPANY INC and Its Subsidiaries, Special Purpose Revenue Bonds, Deparment of Budget and Finance of the State of Hawaii, Series 2015, 3.250%, 1/01/25 (AMT) | No Opt. Call | A- | 2,678,344 | ||
5,755 | Honolulu City and County, Hawaii, General Obligation Bonds, Refunding Series 2017D, 5.000%, 9/01/30 | 9/27 at 100.00 | Aa1 | 7,074,736 | ||
2,170 | Honolulu City and County, Hawaii, Wastewater System Revenue Bonds, First Bond Resolution, Refunding Senior Series 2015B, 5.000%, 7/01/26 | 7/25 at 100.00 | Aa2 | 2,534,755 | ||
27,545 | Total Hawaii | 30,972,554 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Idaho – 0.6% | ||||||
Idaho Health Facilities Authority, Revenue Bonds, Saint Luke's Health System Project, Series 2018A: | ||||||
$ 4,500 | 5.000%, 3/01/25 | No Opt. Call | A- | $5,159,925 | ||
6,020 | 5.000%, 3/01/26 | No Opt. Call | A- | 7,110,403 | ||
4,320 | 5.000%, 3/01/27 | No Opt. Call | A- | 5,235,278 | ||
4,815 | 5.000%, 3/01/29 | 9/28 at 100.00 | A- | 6,027,898 | ||
4,880 | 5.000%, 3/01/31 | 9/28 at 100.00 | A- | 6,077,210 | ||
10,295 | Idaho State, Tax Anticipation Notes, Series 2021, 3.000%, 6/30/22 | No Opt. Call | N/R | 10,515,828 | ||
12,935 | Nez Perce County, Idaho, Pollution Control Revenue Bonds, Potlatch Corporation Project, Refunding Series 2016, 2.750%, 10/01/24 | No Opt. Call | BBB- | 13,675,141 | ||
47,765 | Total Idaho | 53,801,683 | ||||
Illinois – 5.9% | ||||||
Adams County School District 172, Quincy, Illinois, General Obligation Bonds, Series 2016: | ||||||
580 | 4.000%, 2/01/22 – AGM Insured | No Opt. Call | AA | 586,960 | ||
1,290 | 5.000%, 2/01/25 – AGM Insured | No Opt. Call | AA | 1,468,304 | ||
1,455 | 5.000%, 2/01/27 – AGM Insured | 2/26 at 100.00 | AA | 1,715,794 | ||
417 | Cary, Illinois, Special Tax Bonds, Special Service Area 1, Refunding Series 2016, 2.000%, 3/01/22 – BAM Insured | No Opt. Call | AA | 418,956 | ||
292 | Cary, Illinois, Special Tax Bonds, Special Service Area 2, Refunding Series 2016, 2.000%, 3/01/22 – BAM Insured | No Opt. Call | AA | 293,369 | ||
Chanpaign County Community Unit School District 4, Illinois, General Obligation Bonds, School Building Series 2020A: | ||||||
400 | 0.000%, 1/01/22 | No Opt. Call | AA | 399,636 | ||
400 | 0.000%, 1/01/23 | No Opt. Call | AA | 397,432 | ||
550 | 0.000%, 1/01/26 | No Opt. Call | AA | 527,758 | ||
780 | 0.000%, 1/01/27 | No Opt. Call | AA | 733,894 | ||
585 | 0.000%, 1/01/28 | No Opt. Call | AA | 537,802 | ||
19,250 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2017B, 6.750%, 12/01/30, 144A | 12/27 at 100.00 | BB | 25,420,395 | ||
Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2017C: | ||||||
8,340 | 5.000%, 12/01/21 | No Opt. Call | BB | 8,401,299 | ||
12,000 | 5.000%, 12/01/22 | No Opt. Call | BB | 12,626,160 | ||
3,205 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2018A, 4.000%, 12/01/22 | No Opt. Call | BB | 3,335,283 | ||
4,800 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2018C, 5.000%, 12/01/22 | No Opt. Call | BB | 5,048,736 | ||
Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2019A: | ||||||
1,065 | 0.000%, 12/01/25 | No Opt. Call | BB | 1,011,047 | ||
1,455 | 0.000%, 12/01/26 | No Opt. Call | BB | 1,350,924 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
$ 3,250 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2021B, 5.000%, 12/01/31 | 12/30 at 100.00 | BB | $4,124,542 | ||
Chicago, Illinois, General Obligation Bonds, Refunding Series 2016C: | ||||||
1,910 | 5.000%, 1/01/23 (ETM) | No Opt. Call | N/R (4) | 2,021,888 | ||
4,360 | 5.000%, 1/01/23 | No Opt. Call | BBB+ | 4,599,408 | ||
7,575 | 5.000%, 1/01/24 | No Opt. Call | BBB+ | 8,302,806 | ||
4,205 | 5.000%, 1/01/25 | No Opt. Call | BBB+ | 4,760,312 | ||
1,855 | 5.000%, 1/01/26 | No Opt. Call | BBB+ | 2,161,817 | ||
Cook County High School District 212 Leyden, Illinois, General Obligation Bonds, Limited Tax Series 2016C: | ||||||
1,025 | 5.000%, 12/01/23 | No Opt. Call | AA | 1,120,448 | ||
1,800 | 5.000%, 12/01/25 | 12/24 at 100.00 | AA | 2,064,798 | ||
2,830 | Cook County Township High School District 225 Northfield, Illinois, General Obligation Bonds, Series 2016A, 5.000%, 12/01/22 | No Opt. Call | AAA | 2,988,254 | ||
Cook County, Illinois, General Obligation Bonds, Refunding Series 2012C: | ||||||
3,445 | 5.000%, 11/15/27 | 11/22 at 100.00 | A+ | 3,619,041 | ||
3,000 | 5.000%, 11/15/33 | 11/22 at 100.00 | A+ | 3,148,770 | ||
DuPage County School District 58 Downers Grove, Illinois, General Obligation Bonds, Limited Tax Capital Appreciation School Series 2018: | ||||||
20 | 0.000%, 12/15/26 (ETM) | No Opt. Call | N/R (4) | 19,167 | ||
980 | 0.000%, 12/15/26 | No Opt. Call | N/R | 916,663 | ||
1,050 | 0.000%, 12/15/27 | No Opt. Call | Aa1 | 958,472 | ||
8,080 | Grundy, Kendall, and Will Counties Community Consolidated School District 201, Minooka, Illinois, General Obligation Bonds, Refunding School Series 2019, 3.000%, 10/15/27 | 10/26 at 100.00 | AA- | 8,822,390 | ||
833 | Huntley, Illinois, Special Tax Bonds, Special Service Area 9, Refunding Series 2017, 2.200%, 3/01/22 – BAM Insured | No Opt. Call | AA | 839,023 | ||
20,800 | Illinois Development Finance Authority, Revenue Bonds, St Vincent de Paul Center Project, Series 2000A, 2.450%, 11/15/39 (Mandatory Put 3/03/26) | No Opt. Call | AA+ | 22,015,552 | ||
11,300 | Illinois Finance Authority, Midwestern Disaster Area Industrial Development Revenue Bonds, Cargill, Incorporated Project, Series 2012, 1.750%, 11/01/38 (Mandatory Put 11/01/21) | No Opt. Call | A | 11,310,057 | ||
10,155 | Illinois Finance Authority, Revenue Bonds, Ascension Health Alliance Senior Credit Group, Series 2012E-1, 2.250%, 11/15/42 (Mandatory Put 4/29/22) | No Opt. Call | AA+ | 10,274,017 | ||
Illinois Finance Authority, Revenue Bonds, Ascension Health/fkaPresence Health Network, Series 2016C: | ||||||
5,510 | 5.000%, 2/15/22 | No Opt. Call | AA+ | 5,607,307 | ||
4,010 | 5.000%, 2/15/23 | No Opt. Call | AA+ | 4,272,896 | ||
8,665 | Illinois Finance Authority, Revenue Bonds, Centegra Health System, Series 2012, 5.000%, 9/01/27 (Pre-refunded 9/01/22) | 9/22 at 100.00 | AA+ (4) | 9,044,614 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
Illinois Finance Authority, Revenue Bonds, Centegra Health System, Series 2014A: | ||||||
$ 770 | 5.000%, 9/01/22 (ETM) | No Opt. Call | AA+ (4) | $803,734 | ||
620 | 5.000%, 9/01/23 (ETM) | No Opt. Call | AA+ (4) | 676,153 | ||
2,240 | 5.000%, 9/01/24 (ETM) | No Opt. Call | AA+ (4) | 2,541,818 | ||
865 | 5.000%, 9/01/25 (Pre-refunded 9/01/24) | 9/24 at 100.00 | AA+ (4) | 981,550 | ||
Illinois Finance Authority, Revenue Bonds, Mercy Health Corporation, Series 2016: | ||||||
2,535 | 5.000%, 12/01/21 | No Opt. Call | A3 | 2,553,784 | ||
2,770 | 5.000%, 12/01/22 | No Opt. Call | A3 | 2,918,583 | ||
Illinois Finance Authority, Revenue Bonds, Northwest Community Hospital, Refunding Series 2016A: | ||||||
1,000 | 5.000%, 7/01/23 | No Opt. Call | AA- | 1,082,820 | ||
960 | 5.000%, 7/01/24 | No Opt. Call | AA- | 1,082,861 | ||
1,100 | Illinois Finance Authority, Revenue Bonds, OSF Healthcare System, Series 2015A, 5.000%, 11/15/21 | No Opt. Call | A | 1,105,973 | ||
945 | Illinois FInance Authority, Revenue Bonds, Southern Illinois Healthcare Enterprises, Inc, Refunding Series 2017C, 5.000%, 3/01/25 | No Opt. Call | AA- | 1,086,693 | ||
Illinois Finance Authority, Revenue Bonds, Swedish Covenant Hospital, Series 2016A: | ||||||
1,000 | 5.000%, 8/15/22 (ETM) | No Opt. Call | N/R (4) | 1,040,780 | ||
1,025 | 5.000%, 8/15/24 (ETM) | No Opt. Call | N/R (4) | 1,159,747 | ||
2,000 | 5.000%, 8/15/25 (ETM) | No Opt. Call | N/R (4) | 2,342,280 | ||
3,000 | 5.000%, 8/15/26 (ETM) | No Opt. Call | N/R (4) | 3,623,760 | ||
3,265 | Illinois Finance Authority, Revenue Bonds, University of Chicago, Series 2021A, 5.000%, 10/01/25 | No Opt. Call | AA+ | 3,844,831 | ||
2,100 | Illinois Finance Authority, Water Facilities Revenue Bonds, American Water Capital Corporation Project, Refunding Series 2020, 0.700%, 5/01/40 (Mandatory Put 9/01/23) | No Opt. Call | A | 2,101,197 | ||
10,135 | Illinois Housing Development Authority, Revenue Bonds, Green Series 2021B, 1.950%, 10/01/36 | 4/30 at 100.00 | Aaa | 9,891,152 | ||
Illinois Municipal Electric Agency, Power Supply System Revenue Bonds, Refunding Series 2015A: | ||||||
5,205 | 5.000%, 2/01/22 | No Opt. Call | A1 | 5,286,250 | ||
2,600 | 5.000%, 2/01/25 | No Opt. Call | A1 | 2,977,858 | ||
5,000 | Illinois State, General Obligation Bonds, December Series 2017A, 5.000%, 12/01/24 | No Opt. Call | BBB | 5,679,600 | ||
4,250 | Illinois State, General Obligation Bonds, February Series 2014, 5.000%, 2/01/22 | No Opt. Call | BBB | 4,315,365 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
Illinois State, General Obligation Bonds, November Series 2017D: | ||||||
$ 3,450 | 5.000%, 11/01/21 | No Opt. Call | BBB | $3,462,351 | ||
18,575 | 5.000%, 11/01/22 | No Opt. Call | BBB | 19,500,778 | ||
28,830 | 5.000%, 11/01/23 | No Opt. Call | BBB | 31,523,010 | ||
11,425 | 5.000%, 11/01/24 | No Opt. Call | BBB | 12,942,925 | ||
705 | 5.000%, 11/01/25 | No Opt. Call | BBB | 823,475 | ||
7,635 | 3.250%, 11/01/26 | No Opt. Call | BBB | 8,470,727 | ||
6,135 | 5.000%, 11/01/26 | No Opt. Call | BBB | 7,336,049 | ||
15,400 | 5.000%, 11/01/27 | No Opt. Call | BBB | 18,770,598 | ||
9,250 | 5.000%, 11/01/28 | 11/27 at 100.00 | BBB | 11,188,800 | ||
5,000 | Illinois State, General Obligation Bonds, November Series 2019B, 5.000%, 11/01/30 | 11/29 at 100.00 | BBB | 6,251,450 | ||
10,610 | Illinois State, General Obligation Bonds, October Series 2016, 5.000%, 2/01/28 | 2/27 at 100.00 | BBB | 12,648,605 | ||
Illinois State, General Obligation Bonds, Refunding March Series 2021C: | ||||||
8,000 | 4.000%, 3/01/22 | No Opt. Call | BBB | 8,121,680 | ||
7,500 | 4.000%, 3/01/23 | No Opt. Call | BBB | 7,879,800 | ||
3,300 | 4.000%, 3/01/24 | No Opt. Call | BBB | 3,573,636 | ||
3,775 | Illinois State, General Obligation Bonds, Series 2013, 5.500%, 7/01/25 | 7/23 at 100.00 | BBB | 4,096,328 | ||
Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Refunding Senior Lien Series 2014A: | ||||||
1,855 | 5.000%, 12/01/21 | No Opt. Call | AA- | 1,869,284 | ||
2,350 | 5.000%, 12/01/22 | No Opt. Call | AA- | 2,481,130 | ||
Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Refunding Senior Lien Series 2019C: | ||||||
5,020 | 5.000%, 1/01/27 | No Opt. Call | AA- | 6,112,904 | ||
10,020 | 5.000%, 1/01/28 | No Opt. Call | AA- | 12,513,277 | ||
11,970 | Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Senior Lien Series 2014D, 5.000%, 1/01/24 | No Opt. Call | AA- | 13,210,212 | ||
Kane County Community Unit School District 304 Geneva, Illinois, General Obligation Bonds, Refunding Series 2016: | ||||||
2,520 | 5.000%, 1/01/26 | No Opt. Call | AA+ | 2,961,000 | ||
5,080 | 5.000%, 1/01/27 | 1/26 at 100.00 | AA+ | 6,034,532 | ||
LaSalle and Bureau Counties High School District 120 LaSalle-Peru, Illinois, General Obligation Bonds, School Building Series 2017: | ||||||
980 | 5.000%, 12/01/21 – BAM Insured | No Opt. Call | AA | 987,183 | ||
1,000 | 5.000%, 12/01/22 – BAM Insured | No Opt. Call | AA | 1,053,040 | ||
1,085 | 5.000%, 12/01/23 – BAM Insured | No Opt. Call | AA | 1,187,511 | ||
1,235 | 5.000%, 12/01/26 – BAM Insured | No Opt. Call | AA | 1,483,161 | ||
LaSalle County, Illinois, General Obligation Bonds, Self-Insurance Series 2019: | ||||||
1,495 | 4.000%, 12/01/25 | No Opt. Call | Aa2 | 1,681,501 | ||
1,770 | 4.000%, 12/01/26 | No Opt. Call | Aa2 | 2,029,199 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
Madison, Macoupin, Jersey, Calhoun, Morgan, Scott, and Greene Counties Community College District 536, Illinois, General Obligation Bonds, Lewis & Clark Community College, Refunding Series 2020: | ||||||
$ 250 | 4.000%, 5/01/22 – AGM Insured | No Opt. Call | AA | $255,280 | ||
350 | 4.000%, 5/01/23 – AGM Insured | No Opt. Call | AA | 368,543 | ||
Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2017B: | ||||||
775 | 5.000%, 12/15/25 | No Opt. Call | BBB+ | 907,719 | ||
1,925 | 5.000%, 12/15/26 | No Opt. Call | BBB+ | 2,317,180 | ||
360 | 5.000%, 12/15/27 | No Opt. Call | BBB+ | 442,940 | ||
1,945 | 5.000%, 12/15/28 | 12/27 at 100.00 | BBB+ | 2,380,505 | ||
650 | 5.000%, 12/15/30 | 12/27 at 100.00 | BBB+ | 788,372 | ||
Montgomery, Illinois, Lakewood Creek Project Special Assessment Bonds, Series 2018: | ||||||
348 | 2.450%, 3/01/22 – BAM Insured | No Opt. Call | AA | 351,156 | ||
335 | 2.850%, 3/01/24 – BAM Insured | No Opt. Call | AA | 351,760 | ||
North Barrington, Lake County, Illinois, Special Tax Bonds, Special Service Area 19, Refunding Series 2019: | ||||||
1,000 | 4.000%, 2/01/33 – BAM Insured | 2/28 at 100.00 | AA | 1,120,030 | ||
1,000 | 4.000%, 2/01/36 – BAM Insured | 2/28 at 100.00 | AA | 1,111,430 | ||
1,895 | 4.000%, 2/01/40 – BAM Insured | 2/28 at 100.00 | AA | 2,090,033 | ||
2,000 | 4.000%, 2/01/44 – BAM Insured | 2/28 at 100.00 | AA | 2,185,880 | ||
Northern Illinois University, Auxiliary Facilities System Revenue Bonds, Series 2021: | ||||||
325 | 5.000%, 10/01/25 – BAM Insured | No Opt. Call | AA | 378,092 | ||
250 | 5.000%, 10/01/26 – BAM Insured | No Opt. Call | AA | 298,298 | ||
Railsplitter Tobacco Settlement Authority, Illinois, Tobacco Settlement Revenue Bonds, Series 2017: | ||||||
4,250 | 5.000%, 6/01/22 | No Opt. Call | A | 4,384,045 | ||
2,265 | 5.000%, 6/01/23 | No Opt. Call | A | 2,441,806 | ||
2,555 | 5.000%, 6/01/24 | No Opt. Call | A | 2,866,097 | ||
5,990 | 5.000%, 6/01/25 | No Opt. Call | A | 6,958,643 | ||
Round Lake, Lake County, Illinois, Special Tax Bonds, Lakewood Grove Special Service Areas 1, 3 & 4, Refunding Series 2017: | ||||||
1,009 | 2.850%, 3/01/22 – BAM Insured | No Opt. Call | AA | 1,016,224 | ||
1,133 | 3.200%, 3/01/24 – BAM Insured | No Opt. Call | AA | 1,192,165 | ||
1,000 | 3.300%, 3/01/25 – BAM Insured | No Opt. Call | AA | 1,072,940 | ||
1,258 | 3.450%, 3/01/26 – BAM Insured | No Opt. Call | AA | 1,371,874 | ||
1,218 | 3.600%, 3/01/28 – BAM Insured | 3/27 at 100.00 | AA | 1,358,253 | ||
Sales Tax Securitization Corporation, Illinois, Sales Tax Securitzation Bonds, Second Lien Series 2020A: | ||||||
4,500 | 5.000%, 1/01/25 | No Opt. Call | AA- | 5,131,890 | ||
5,750 | 5.000%, 1/01/26 | No Opt. Call | AA- | 6,764,185 | ||
2,255 | 5.000%, 1/01/28 | No Opt. Call | AA- | 2,791,374 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
Southwestern Illinois Development Authority, Health Facility Revenue Bonds, Hospital Sisters Services, Inc Obligated Group, Series 2017A: | ||||||
$ 2,690 | 5.000%, 2/15/26 | No Opt. Call | A+ | $3,188,349 | ||
3,590 | 5.000%, 2/15/27 | No Opt. Call | A+ | 4,366,625 | ||
2,565 | Springfield, Illinois, Electric Revenue Bonds, Refunding Senior Lien Series 2015, 5.000%, 3/01/22 | No Opt. Call | A | 2,613,017 | ||
Winnebago-Boone Counties School District 205 Rockford, Illinois, General Obligation Bonds, Series 2013: | ||||||
6,220 | 0.000%, 2/01/22 | No Opt. Call | A+ | 6,208,306 | ||
6,820 | 0.000%, 2/01/23 | No Opt. Call | A+ | 6,755,074 | ||
471,353 | Total Illinois | 520,385,011 | ||||
Indiana – 2.5% | ||||||
2,200 | Hobart Building Corporation, Indiana, First Mortgage Revenue Bonds, Refunding Series 2016, 5.000%, 1/15/22 | No Opt. Call | AA+ | 2,228,974 | ||
15,020 | Indiana Bond Bank, Advance Funding Program Notes, Series 2021A, 2.000%, 1/10/22 | 1/22 at 100.00 | N/R | 15,092,997 | ||
4,570 | Indiana Finance Authority, Environmental Facilities Revenue Bonds, Indianapolis Power & Light Company Project, Refunding Series 2020A, 0.950%, 12/01/38 (Mandatory Put 4/01/26) (AMT) | No Opt. Call | A2 | 4,504,101 | ||
4,500 | Indiana Finance Authority, Environmental Facilities Revenue Bonds, Indianapolis Power & Light Company Project, Refunding Series 2021B, 0.650%, 8/01/25 | No Opt. Call | A2 | 4,471,965 | ||
1,100 | Indiana Finance Authority, Environmental Improvement Revenue Bonds, United States Steel Corporation Project, Refunding Series 2021A, 4.125%, 12/01/26 | No Opt. Call | B | 1,213,201 | ||
12,500 | Indiana Finance Authority, Hospital Revenue Bonds, Indiana Unversity Health Obligation Group, Long Term Rate Series 2019B, 2.250%, 12/01/58 (Mandatory Put 7/01/25) | 1/25 at 100.00 | AA | 13,151,625 | ||
10,600 | Indiana Finance Authority, Hospital Revenue Bonds, Indiana Unversity Health Obligation Group, Refunding 2015B, 1.650%, 12/01/42 (Pre-refunded 1/01/22) (Mandatory Put 7/01/22) | 1/22 at 100.00 | AA (4) | 10,638,054 | ||
8,000 | Indiana Finance Authority, Hospital Revenue Bonds, Indiana Unversity Health Obligation Group, Refunding Series 2011M, 0.700%, 12/01/46 (Mandatory Put 1/01/26) | 6/25 at 100.00 | AA | 7,988,080 | ||
Indiana Finance Authority, Hospital Revenue Bonds, Major Hospital Project, Series 2014A: | ||||||
435 | 4.000%, 10/01/21 (ETM) | No Opt. Call | N/R (4) | 435,000 | ||
145 | 5.000%, 10/01/23 (ETM) | No Opt. Call | N/R (4) | 158,827 | ||
5,000 | Indiana Finance Authority, State Revolving Fund Program Bonds, Series 2011, 5.000%, 2/01/26 (Pre-refunded 2/01/22) | 2/22 at 100.00 | AAA | 5,079,400 | ||
Indiana Finance Authority, Wastewater Utility Revenue Bonds, CWA Authority Project, Refunding First Lien Series 2021-1: | ||||||
10,455 | 5.000%, 10/01/22 | No Opt. Call | AA | 10,952,135 | ||
1,500 | 5.000%, 10/01/22 | No Opt. Call | AA- | 1,571,325 | ||
4,500 | 5.000%, 10/01/23 | No Opt. Call | AA | 4,924,980 | ||
5,000 | 5.000%, 10/01/24 | No Opt. Call | AA | 5,692,900 | ||
2,000 | 5.000%, 10/01/25 | No Opt. Call | AA | 2,355,180 | ||
4,900 | 5.000%, 10/01/26 | No Opt. Call | AA | 5,945,121 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Indiana (continued) | ||||||
Indiana Finance Authority, Wastewater Utility Revenue Bonds, CWA Authority Project, Series 2015A: | ||||||
$ 830 | 5.000%, 10/01/23 | No Opt. Call | AA | $908,385 | ||
1,000 | 5.000%, 10/01/24 | No Opt. Call | AA | 1,139,870 | ||
1,800 | 5.000%, 10/01/25 | 10/24 at 100.00 | AA | 2,047,680 | ||
1,250 | 5.000%, 10/01/26 | 10/24 at 100.00 | AA | 1,418,000 | ||
850 | 5.000%, 10/01/27 | 10/24 at 100.00 | AA | 961,758 | ||
Indiana Health Facility Financing Authority, Revenue Bonds, Ascension Health, Series 2011A-2: | ||||||
70 | 2.000%, 11/15/36 (Pre-refunded 2/01/23) | No Opt. Call | N/R (4) | 71,392 | ||
9,930 | 2.000%, 11/15/36 (Mandatory Put 2/01/23) | No Opt. Call | AA+ | 10,142,005 | ||
2,785 | Indiana Housing and Community Development Authority, Single Family Mortgage Revenue Bonds, Series 2020A, 2.550%, 7/01/35 | 7/29 at 100.00 | Aaa | 2,881,194 | ||
3,500 | Indiana Housing and Community Development Authority, Single Family Mortgage Revenue Bonds, Series 2020B-1, 1.950%, 7/01/35 | 7/29 at 100.00 | Aaa | 3,493,805 | ||
1,250 | Indiana Housing and Community Development Authority, Single Family Mortgage Revenue Bonds, Series 2021A, 1.900%, 7/01/36 | 7/30 at 100.00 | Aaa | 1,232,763 | ||
2,540 | Indiana Housing and Community Development Authority, Single Family Mortgage Revenue Bonds, Social PAC Series 2021B, 1.900%, 7/01/36 | 7/30 at 100.00 | Aaa | 2,504,973 | ||
260 | Indiana State University Board of Trustees, Indiana State University Housing and Dining System Revenue Bonds, Series 2014, 4.000%, 4/01/22 | No Opt. Call | AA- | 264,753 | ||
8,000 | Indianapolis Local Public Improvement Bond Bank, Indiana, Waterworks Project, Series 2007B, 5.250%, 7/01/24 – NPFG Insured | No Opt. Call | AA | 9,026,720 | ||
3,250 | Indianapolis, Indiana, Gas Utility Distribution System Revenue Bonds, Citizens Energy Group, Refunding 2nd Lien Series 2020A, 5.000%, 8/15/22 | No Opt. Call | AA | 3,384,810 | ||
10,675 | Indianapolis, Indiana, Gas Utility Distribution System Revenue Bonds, Refunding 2nd Lien Series 2017A, 5.000%, 8/15/25 | No Opt. Call | AA | 12,519,106 | ||
Indianapolis, Indiana, Thermal Energy System Revenue Bonds, Refunding First Lien Series 2014A: | ||||||
450 | 5.000%, 10/01/21 | No Opt. Call | A+ | 450,000 | ||
505 | 5.000%, 10/01/22 | No Opt. Call | A+ | 528,705 | ||
710 | 5.000%, 10/01/23 | No Opt. Call | A+ | 772,445 | ||
445 | 5.000%, 10/01/24 | No Opt. Call | A+ | 502,116 | ||
545 | 5.000%, 10/01/25 | 10/24 at 100.00 | A+ | 618,591 | ||
810 | 5.000%, 10/01/26 | 10/24 at 100.00 | A+ | 917,309 | ||
Indianapolis, Indiana, Thermal Energy System Revenue Bonds, Refunding First Lien Series 2016A: | ||||||
2,065 | 5.000%, 10/01/21 | No Opt. Call | A+ | 2,065,000 | ||
4,690 | 5.000%, 10/01/22 | No Opt. Call | A+ | 4,910,149 | ||
10,000 | 5.000%, 10/01/23 | No Opt. Call | A+ | 10,879,500 | ||
5,525 | Mount Vernon, Indiana, Environmental Improvement Revenue Bonds, Southern Indiana Gas and Electric Company Project, Refunding Series 2015, 0.875%, 9/01/55 (Mandatory Put 9/01/23) (AMT) | No Opt. Call | A1 | 5,526,602 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Indiana (continued) | ||||||
$ 1,000 | Richmond Hospital Authority, Indiana, Revenue Bonds, Reid Hospital Project, Refunding Series 2015A, 5.000%, 1/01/22 | No Opt. Call | A | $1,011,300 | ||
2,500 | Rockport, Indiana, Pollution Control Revenue Bonds, AEP Generating Company Project, Refunding Series 1995A, 1.350%, 7/01/25 (Mandatory Put 9/01/22) | No Opt. Call | A- | 2,523,925 | ||
2,750 | Rockport, Indiana, Pollution Control Revenue Bonds, AEP Generating Company Project, Refunding Series 1995B, 1.350%, 7/01/25 (Mandatory Put 9/01/22) | No Opt. Call | A- | 2,776,317 | ||
13,020 | Rockport, Indiana, Pollution Control Revenue Refunding Bonds, Indiana Michigan Power Company, Series 2002A, 2.750%, 6/01/25 | No Opt. Call | A- | 14,060,558 | ||
1,595 | Vanderburgh County,Indiana, Redevelopment District Tax Increment Revenue bonds, Refunding Series 2014, 4.000%, 2/01/24 | No Opt. Call | A | 1,718,373 | ||
3,485 | Warrick County, Indiana, Environmental Improvement Revenue Bonds, Southern Indiana Gas and Electric Company, Series 2015, 0.875%, 9/01/55 (Mandatory Put 9/01/23) (AMT) | No Opt. Call | A1 | 3,486,011 | ||
10,000 | Whiting, Indiana, Environmental Facilities Revenue Bonds, BP Products North America Inc Project, Series 2015, 5.000%, 11/01/45 (Mandatory Put 11/01/22) (AMT) | No Opt. Call | A2 | 10,497,300 | ||
10,970 | Whiting, Indiana, Environmental Facilities Revenue Bonds, BP Products North America Inc Project, Series 2016A, 5.000%, 3/01/46 (Mandatory Put 3/01/23) (AMT) | No Opt. Call | A2 | 11,679,430 | ||
211,480 | Total Indiana | 223,324,710 | ||||
Iowa – 0.7% | ||||||
Des Moines Metropolitan Wastewater Reclamation Authority, Iowa, Sewer Revenue Bonds, Refunding Series 2021A: | ||||||
2,450 | 5.000%, 6/01/24 | No Opt. Call | AA | 2,753,187 | ||
2,575 | 5.000%, 6/01/25 | No Opt. Call | AA | 2,998,536 | ||
Des Moines, Iowa, General Obligation Bonds, Series 2021F: | ||||||
4,925 | 5.000%, 6/01/22 | No Opt. Call | AA+ | 5,082,354 | ||
4,170 | 5.000%, 6/01/23 | No Opt. Call | AA+ | 4,501,348 | ||
4,385 | 5.000%, 6/01/24 | No Opt. Call | AA+ | 4,932,599 | ||
4,610 | 5.000%, 6/01/25 | No Opt. Call | AA+ | 5,379,224 | ||
1,610 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Refunding Series 2019, 3.125%, 12/01/22 | 10/21 at 103.00 | BB- | 1,635,245 | ||
4,915 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2013, 5.250%, 12/01/25 | 12/23 at 100.00 | BB- | 5,320,193 | ||
9,730 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2018A, 5.250%, 12/01/50 (Mandatory Put 12/01/33) | 12/22 at 103.00 | BB- | 10,438,830 | ||
3,000 | Iowa Finance Authority, Single Family Mortgage Revenue Bonds, Mortgage-Backed Securities Program, Green Series 2021A, 1.850%, 7/01/35 | 7/30 at 100.00 | AAA | 2,976,630 | ||
2,220 | Iowa Finance Authority, Single Family Mortgage Revenue Bonds, Series 2019D, 2.450%, 7/01/34 | 1/29 at 100.00 | AAA | 2,289,131 | ||
2,545 | Iowa Finance Authority, Single Family Mortgage Revenue Bonds, Series 2020A, 2.500%, 1/01/35 | 7/29 at 100.00 | AAA | 2,653,850 | ||
3,000 | Iowa Finance Authority, Single Family Mortgage Revenue Bonds, Social Series 2021B, 2.000%, 7/01/36 | 7/30 at 100.00 | AAA | 2,977,770 | ||
1,955 | Iowa Finance Authority, Single Family Mortgage Revenue Bonds, Social Series 2021D, 2.000%, 7/01/36 | 1/31 at 100.00 | AAA | 1,908,764 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Iowa (continued) | ||||||
$ 1,425 | Iowa Tobacco Settlement Authority, Tobacco Settlement Asset-Backed Bonds, Seenior Lien Series Class 2 Series 2021B-1, 0.375%, 6/01/30 | No Opt. Call | A | $1,424,943 | ||
3,150 | West Des Moines, Iowa, General Obligation Bonds, Urban Renewal Series 2021B, 5.000%, 6/01/24 | No Opt. Call | AAA | 3,546,081 | ||
56,665 | Total Iowa | 60,818,685 | ||||
Kansas – 0.6% | ||||||
5,300 | Johnson County Unified School District 512, Shawnee Mission, Kansas, General Obligation Bonds, Refunding & Improvement Series 2021A, 4.000%, 10/01/23 | No Opt. Call | Aaa | 5,700,839 | ||
Kansas Development Finance Authority, Kansas, Revenue Bonds, State of Kansas Projects, Series 2021P: | ||||||
4,570 | 5.000%, 5/01/22 | No Opt. Call | Aa3 | 4,697,092 | ||
4,245 | 5.000%, 5/01/23 | No Opt. Call | Aa3 | 4,562,823 | ||
4,445 | 5.000%, 5/01/24 | No Opt. Call | Aa3 | 4,976,311 | ||
10,000 | Olathe, Kansas, General Obligation Bonds, Temporary Notes Series 2021A, 4.000%, 8/01/22 | No Opt. Call | N/R | 10,322,500 | ||
20,020 | Wichita, Kansas, General Obligation Bonds, Temporary Notes Series 2021-306, 4.000%, 10/15/22 (WI/DD, Settling 10/15/21) | No Opt. Call | N/R | 20,792,572 | ||
48,580 | Total Kansas | 51,052,137 | ||||
Kentucky – 2.5% | ||||||
6,025 | Carroll County, Kentucky, Environmental Facilities Revenue Bonds, Kentucky Utilities Company Project, Series 2004A, 1.750%, 10/01/34 (Mandatory Put 9/01/26) (AMT) | No Opt. Call | A1 | 6,062,536 | ||
18,750 | Carroll County, Kentucky, Pollution Control Revenue Bonds, Kentucky Utilities Company Project, Refunding Series 2016A, 1.550%, 9/01/42 (Mandatory Put 9/01/26) | No Opt. Call | A1 | 18,928,875 | ||
Kentucky Asset/Liability Commission, General Fund Revenue Project Notes, Refunding Series 2021A: | ||||||
3,520 | 5.000%, 11/01/23 | No Opt. Call | A1 | 3,858,026 | ||
2,200 | 5.000%, 11/01/24 | No Opt. Call | A1 | 2,505,866 | ||
Kentucky Economic Development Finance Authority, Hospital Revenue Bonds, Owensboro Health, Refunding Series 2017A: | ||||||
1,375 | 5.000%, 6/01/22 | No Opt. Call | Baa2 | 1,411,602 | ||
6,000 | 5.000%, 6/01/24 | No Opt. Call | Baa2 | 6,673,020 | ||
4,200 | 5.000%, 6/01/25 | No Opt. Call | Baa2 | 4,824,750 | ||
9,705 | Kentucky Economic Development Finance Authority, Revenue Bonds, Catholic Health Initiatives, Refunding Series 2009B, 2.700%, 5/01/39 (Mandatory Put 11/10/21) | No Opt. Call | BBB+ | 9,727,516 | ||
Kentucky State Property and Buildings Commission, Revenue Bonds, Project 125, Refunding Series 2021A: | ||||||
4,500 | 5.000%, 9/01/22 | No Opt. Call | A1 | 4,698,270 | ||
6,395 | 5.000%, 3/01/30 | No Opt. Call | A1 | 6,522,196 | ||
12,000 | Louisville and Jefferson County Metropolitan Sewer District, Kentucky, Sewer and Drainage System Revenue Bonds, Subordinated Anticipation Note Series 2021, 3.000%, 10/14/22 (WI/DD, Settling 10/12/21) | No Opt. Call | N/R | 12,346,320 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Kentucky (continued) | ||||||
Louisville/Jefferson County Metro Government, Kentucky, Revenue Bonds, Catholic Health Initiatives, Series 2012A: | ||||||
$ 3,025 | 5.000%, 12/01/23 (Pre-refunded 6/01/22) | 6/22 at 100.00 | BBB+ (4) | $3,120,045 | ||
2,995 | 5.000%, 12/01/24 (Pre-refunded 6/01/22) | 6/22 at 100.00 | BBB+ (4) | 3,089,103 | ||
4,000 | Louisville-Jefferson County Metropolitan Government, Kentucky, Pollution Control Revenue Bonds, Louisville Gas and Electric Company Project, Series 2001A, 0.900%, 9/01/26 | No Opt. Call | A1 | 3,967,800 | ||
8,000 | Louisville-Jefferson County Metropolitan Government, Kentucky, Pollution Control Revenue Bonds, Louisville Gas and Electric Company Project, Series 2001B, 1.350%, 11/01/27 (AMT) | No Opt. Call | A1 | 8,031,680 | ||
18,000 | Louisville-Jefferson County Metropolitan Government, Kentucky, Pollution Control Revenue Bonds, Louisville Gas and Electric Company Project, Series 2005A, 1.750%, 2/01/35 (Mandatory Put 7/01/26) | No Opt. Call | A1 | 18,300,240 | ||
24,685 | Northern Kentucky Water District, Revenue Bonds, Bond Anticipation Note Series 2021A, 0.375%, 2/01/23 | 8/22 at 100.00 | N/R | 24,697,589 | ||
3,385 | Oldham County School District Finance Corporation, Kentucky, School Building Revenue Bonds, Refunding Second Series 2016, 4.000%, 9/01/27 | No Opt. Call | A1 | 3,966,171 | ||
25,100 | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2018A, 4.000%, 4/01/48 (Mandatory Put 4/01/24) | 1/24 at 100.37 | A2 | 27,127,076 | ||
9,020 | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2018B, 4.000%, 1/01/49 (Mandatory Put 1/01/25) | 10/24 at 100.24 | A2 | 9,937,154 | ||
5,025 | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2018C-1, 4.000%, 12/01/49 (Mandatory Put 6/01/25) | 3/25 at 100.19 | A1 | 5,598,151 | ||
5,120 | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2019C-1, 4.000%, 2/01/50 (Mandatory Put 2/01/28) | 11/27 at 100.47 | A1 | 5,991,885 | ||
2,895 | Trimble County, Kentucky, Pollution Control Revenue Bonds, Louisville Gas and Electric Company Project, Series 2001A, 0.625%, 9/01/26 | No Opt. Call | A1 | 2,870,827 | ||
7,400 | Trimble County, Kentucky, Pollution Control Revenue Bonds, Louisville Gas and Electric Company Project, Series 2001B, 1.350%, 11/01/27 (AMT) | No Opt. Call | A1 | 7,459,644 | ||
18,165 | Trimble County, Kentucky, Pollution Control Revenue Bonds, Louisville Gas and Electric Company Project, Series 2016A, 1.300%, 9/01/44 (Mandatory Put 9/01/27) (AMT) | No Opt. Call | A1 | 18,137,571 | ||
3,380 | Warren County, Kentucky, Hospital Revenue Bonds, Bowling Green-Warren County Community Hospital Corporation, Refunding Series 2013, 5.000%, 4/01/23 (ETM) | No Opt. Call | A+ (4) | 3,541,192 | ||
214,865 | Total Kentucky | 223,395,105 | ||||
Louisiana – 4.2% | ||||||
2,140 | East Baton Rouge Parish, Louisiana, Sales Tax Revenue Bonds, Refunding Road & Street Improvement Series 2015, 5.000%, 8/01/22 | No Opt. Call | AA | 2,220,806 | ||
2,595 | Louisiana Citizens Property Insurance Corporation, Assessment Revenue Bonds, Refunding Series 2015, 5.000%, 6/01/22 – AGM Insured | No Opt. Call | AA | 2,677,028 | ||
Louisiana Citizens Property Insurance Corporation, Assessment Revenue Bonds, Refunding Series 2016A: | ||||||
33,425 | 5.000%, 6/01/23 | No Opt. Call | A1 | 35,999,393 | ||
9,040 | 5.000%, 6/01/24 | No Opt. Call | A1 | 10,046,423 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Louisiana (continued) | ||||||
Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Womans Hospital Foundation Project, Refunding Series 2017A: | ||||||
$ 1,000 | 3.000%, 10/01/22 | No Opt. Call | A | $1,026,740 | ||
1,800 | 5.000%, 10/01/23 | No Opt. Call | A | 1,966,212 | ||
1,095 | 5.000%, 10/01/24 | No Opt. Call | A | 1,238,336 | ||
3,000 | 4.000%, 10/01/25 | No Opt. Call | A | 3,367,500 | ||
2,245 | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, East Baton Rouge Parish Road Improvements Project, Series 2015, 5.000%, 8/01/24 | No Opt. Call | AA | 2,535,772 | ||
24,310 | Louisiana Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Westlake Chemical Corporation Projects, Refunding Series 2017, 3.500%, 11/01/32 | 11/27 at 100.00 | BBB | 26,825,113 | ||
6,070 | Louisiana Offshore Terminal Authority, Deepwater Port Revenue Bonds, Loop LLC Project, Series 2007A, 1.650%, 9/01/27 (Mandatory Put 12/01/23) | No Opt. Call | A3 | 6,149,031 | ||
7,025 | Louisiana Offshore Terminal Authority, Deepwater Port Revenue Bonds, Loop LLC Project, Series 2013A, 1.650%, 9/01/33 (Mandatory Put 12/01/23) | No Opt. Call | A3 | 7,116,466 | ||
1,050 | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Ochsner Clinic Foundation Project, Refunding Series 2017, 5.000%, 5/15/22 | No Opt. Call | A | 1,080,030 | ||
9,020 | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Ochsner Clinic Foundation Project, Series 2020B, 5.000%, 5/15/50 (Mandatory Put 5/15/25) | 11/24 at 102.04 | A | 10,394,558 | ||
29,790 | Louisiana Public Facilities Authority, Hospital Revenue Bonds, Louisiana Children's Medical Center Hospital, Series 2015A-1 Fixed Rate Mode, 5.000%, 6/01/45 (Mandatory Put 6/01/25) | No Opt. Call | A+ | 34,279,353 | ||
7,165 | Louisiana Public Facilities Authority, Hospital Revenue Bonds, Louisiana Children's Medical Center Hospital, Series 2015A-3 Term Rate Mode, 5.000%, 6/01/45 (Mandatory Put 6/01/23) | No Opt. Call | A+ | 7,703,163 | ||
1,650 | Louisiana Public Facilities Authority, Revenue Bonds, Tulane University, Refunding Series 2016A, 5.000%, 12/15/21 | No Opt. Call | A | 1,665,345 | ||
Louisiana Public Facilities Authority, Revenue Bonds, University of New Orleans Research and Technology Foundation, Inc- Student Housing Project, Refunding Series 2014: | ||||||
580 | 5.000%, 9/01/22 – AGM Insured | No Opt. Call | AA | 604,470 | ||
1,445 | 5.000%, 9/01/23 – AGM Insured | No Opt. Call | AA | 1,571,524 | ||
1,565 | 5.000%, 9/01/24 – AGM Insured | No Opt. Call | AA | 1,769,405 | ||
2,020 | Louisiana Stadium and Exposition District, Revenue Bonds, Bond Anticipation Notes Series 2020, 5.000%, 7/03/23 | 1/23 at 100.00 | BBB+ | 2,133,342 | ||
Louisiana Stadium and Exposition District, Revenue Refunding Bonds, Senior Lien Series 2013A: | ||||||
7,265 | 5.000%, 7/01/26 | 7/23 at 100.00 | A2 | 7,826,948 | ||
1,345 | 5.000%, 7/01/29 | 7/23 at 100.00 | A2 | 1,449,372 | ||
Louisiana State, Gasoline and Fuels Tax Revenue Bonds, Refunding Second Lien Series 2017C: | ||||||
2,545 | 5.000%, 5/01/29 | 11/27 at 100.00 | AA- | 3,164,020 | ||
3,000 | 5.000%, 5/01/30 | 11/27 at 100.00 | AA- | 3,715,890 | ||
3,070 | 5.000%, 5/01/31 | 11/27 at 100.00 | AA- | 3,788,288 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Louisiana (continued) | ||||||
$ 15,000 | Louisiana State, Gasoline and Fuels Tax Revenue Bonds, Refunding Second Lien Series 2017D-1, 0.600%, 5/01/43 (Mandatory Put 5/01/23) | 5/22 at 100.00 | Aa3 | $15,009,450 | ||
7,690 | Louisiana State, Gasoline and Fuels Tax Revenue Bonds, Refunding Second Lien Series 2017D-2, 0.550%, 5/01/43 (Mandatory Put 5/01/22) | 10/21 at 100.00 | Aa3 | 7,691,769 | ||
Louisiana State, General Obligation Bonds, Grant Anticipation Series 2021: | ||||||
7,500 | 5.000%, 9/01/22 | No Opt. Call | AA | 7,831,200 | ||
4,550 | 5.000%, 9/01/23 | No Opt. Call | AA | 4,963,959 | ||
7,015 | Louisiana State, General Obligation Bonds, Refunding Series 2014C, 5.000%, 8/01/22 | No Opt. Call | AA- | 7,295,951 | ||
6,245 | Louisiana State, General Obligation Bonds, Series 2015A, 5.000%, 5/01/23 | No Opt. Call | AA- | 6,718,746 | ||
New Orleans, Louisiana, General Obligation Bonds, Public Improvement Series 2021A: | ||||||
12,000 | 5.000%, 12/01/22 | No Opt. Call | A+ | 12,665,280 | ||
11,000 | 5.000%, 12/01/23 | No Opt. Call | A+ | 12,121,890 | ||
9,000 | 5.000%, 12/01/24 | No Opt. Call | A+ | 10,299,420 | ||
4,950 | 5.000%, 12/01/25 | No Opt. Call | A+ | 5,851,148 | ||
3,600 | New Orleans, Louisiana, General Obligation Bonds, Refunding Series 2012, 5.000%, 12/01/21 | No Opt. Call | A+ | 3,627,540 | ||
2,000 | New Orleans, Louisiana, General Obligation Bonds, Refunding Series 2015, 5.000%, 12/01/21 | No Opt. Call | A+ | 2,015,300 | ||
2,780 | New Orleans, Louisiana, General Obligation Bonds, Series 1998, 5.500%, 12/01/21 – FGIC Insured | No Opt. Call | A2 | 2,803,463 | ||
New Orleans, Louisiana, Sewerage Service Revenue Bonds, Series 2015: | ||||||
1,040 | 5.000%, 6/01/24 | No Opt. Call | A | 1,160,453 | ||
675 | 5.000%, 6/01/26 | 6/25 at 100.00 | A | 781,934 | ||
6,460 | Saint Charles Parish, Louisiana, Gulf Opportunity Zone Revenue Bonds, Valero Project, Series 2010, 4.000%, 12/01/40 (Mandatory Put 6/01/22) | No Opt. Call | BBB | 6,610,453 | ||
2,780 | Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, LP Project, Series 2008, 6.100%, 6/01/38 (Mandatory Put 6/01/30), 144A | No Opt. Call | BB- | 3,622,729 | ||
3,665 | Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, LP Project, Series 2011, 5.850%, 8/01/41 (Mandatory Put 6/01/25), 144A | No Opt. Call | BB- | 4,163,037 | ||
19,925 | Saint John the Baptist Parish, Louisiana, Revenue Bonds, Marathon Oil Corporation Project, Refunding Series 2017A-1, 2.000%, 6/01/37 (Mandatory Put 4/01/23) | No Opt. Call | BBB- | 20,266,714 | ||
18,030 | Saint John the Baptist Parish, Louisiana, Revenue Bonds, Marathon Oil Corporation Project, Refunding Series 2017A-2, 2.100%, 6/01/37 (Mandatory Put 7/01/24) | No Opt. Call | BBB- | 18,614,352 | ||
18,845 | Saint John the Baptist Parish, Louisiana, Revenue Bonds, Marathon Oil Corporation Project, Refunding Series 2017A-3, 2.200%, 6/01/37 (Mandatory Put 7/01/26) | No Opt. Call | BBB- | 19,693,025 | ||
7,010 | Saint John the Baptist Parish, Louisiana, Revenue Bonds, Marathon Oil Corporation Project, Refunding Series 2017B-2, 2.375%, 6/01/37 (Mandatory Put 7/01/26) | No Opt. Call | BBB- | 7,381,810 | ||
1,000 | Shreveport, Louisiana, Revenue Bonds, Independence Stadium Project, Refunding Series 2016, 5.000%, 3/01/22 – BAM Insured | No Opt. Call | AA | 1,018,770 | ||
1,680 | Terrebonne Levee and Conservation District, Louisiana, Public Improvement Sales Tax Bonds, Series 2013, 5.000%, 7/01/22 (Pre-refunded 7/01/23) (ETM) | No Opt. Call | A+ (4) | 1,740,110 | ||
339,695 | Total Louisiana | 366,263,031 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Maine – 0.3% | ||||||
Auburn, Maine, General Obligation Bonds, Edward Little High School Project, Series 2021: | ||||||
$ 1,250 | 4.000%, 11/01/22 | No Opt. Call | AA- | $1,301,237 | ||
585 | 4.000%, 11/01/23 | No Opt. Call | AA- | 630,741 | ||
1,085 | 4.000%, 11/01/24 | No Opt. Call | AA- | 1,206,987 | ||
600 | Maine Health and Higher Educational Facilities Authority, Revenue Bonds, Series 2021A, 5.000%, 7/01/24 – AGM Insured | No Opt. Call | AA | 676,086 | ||
2,765 | Maine State Housing Authority, Multifamily Mortgage Purchase Bonds, Series 2021A, 1.850%, 11/15/36 | 5/30 at 100.00 | AA+ | 2,690,456 | ||
1,085 | Maine State Housing Authority, Single Family Mortgage Purchase Bonds, Series 2020D, 2.300%, 11/15/35 | 5/29 at 100.00 | AA+ | 1,105,919 | ||
3,000 | Maine State Housing Authority, Single Family Mortgage Purchase Bonds, Series 2021B, 2.050%, 11/15/36 | 5/30 at 100.00 | AA+ | 2,977,380 | ||
2,030 | Maine State Housing Authority, Single Family Mortgage Purchase Bonds, Social Series 2021C, 1.900%, 11/15/36 | 11/30 at 100.00 | AA+ | 1,954,971 | ||
4,500 | Maine State, General Obligation Bonds, Series 2020B, 5.000%, 6/01/23 | No Opt. Call | AA | 4,859,910 | ||
Maine State, General Obligation Bonds, Series 2021B: | ||||||
905 | 4.000%, 6/01/26 | No Opt. Call | AA | 1,048,225 | ||
5,420 | 5.000%, 6/01/27 | No Opt. Call | AA | 6,709,093 | ||
23,225 | Total Maine | 25,161,005 | ||||
Maryland – 1.8% | ||||||
Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017: | ||||||
540 | 5.000%, 9/01/23 | No Opt. Call | CCC | 557,842 | ||
2,000 | 5.000%, 9/01/26 | No Opt. Call | CCC | 2,143,600 | ||
5,055 | Howard County, Maryland, General Obligation Bonds, Consolidated Public Improvement Project, Series 2021A, 5.000%, 8/15/25 | No Opt. Call | AAA | 5,936,744 | ||
6,820 | Maryland Community Development Administration Department of Housing and Community Development, Residential Revenue Bonds, Series 2019C, 2.700%, 9/01/34 | 3/29 at 100.00 | Aa1 | 7,174,299 | ||
4,250 | Maryland Community Development Administration Department of Housing and Community Development, Residential Revenue Bonds, Series 2020A, 2.300%, 9/01/35 | 3/29 at 100.00 | Aa1 | 4,317,192 | ||
4,670 | Maryland Community Development Administration Department of Housing and Community Development, Residential Revenue Bonds, Series 2020D, 1.950%, 9/01/35 | 9/29 at 100.00 | Aa1 | 4,542,462 | ||
12,000 | Maryland Community Development Administration Department of Housing and Community Development, Residential Revenue Bonds, Series 2021A, 1.800%, 9/01/36 | 3/30 at 100.00 | Aa1 | 11,528,520 | ||
Maryland Community Development Administration Department of Housing and Community Development, Residential Revenue Bonds, Series 2021B: | ||||||
500 | 0.150%, 9/01/22 | No Opt. Call | Aa1 | 499,485 | ||
540 | 0.200%, 3/01/23 | No Opt. Call | Aa1 | 538,888 | ||
580 | 0.250%, 9/01/23 | No Opt. Call | Aa1 | 578,463 | ||
375 | 0.125%, 3/01/30 | No Opt. Call | Aa1 | 374,906 | ||
8,310 | 1.875%, 9/01/36 | 3/30 at 100.00 | Aa1 | 8,062,861 | ||
8,795 | Maryland Economic Development Corporation, Pollution Control Revenue Bonds, Potomac Electric Power Company, Refunding Series 2019, 1.700%, 9/01/22 | No Opt. Call | A- | 8,899,045 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Maryland (continued) | ||||||
$ 10,000 | Maryland Economic Development Corporation, Private Activity Revenue Bonds RSA, Purple Line Light Rail Project, Green Bonds, Series 2016A, 5.000%, 3/31/24 (AMT) | 11/21 at 100.00 | BB- | $10,070,600 | ||
Maryland Health and HIgher Educational Facilities Authority, Revenue Bonds, Adventist Healthcare Inc, Series 2021: | ||||||
1,105 | 5.000%, 1/01/22 (WI/DD, Settling 10/07/21) | No Opt. Call | Baa3 | 1,114,680 | ||
795 | 5.000%, 1/01/23 (WI/DD, Settling 10/07/21) | No Opt. Call | Baa3 | 831,268 | ||
545 | 5.000%, 1/01/24 (WI/DD, Settling 10/07/21) | No Opt. Call | Baa3 | 600,099 | ||
5,235 | Maryland Health and HIgher Educational Facilities Authority, Revenue Bonds, University of Maryland Medical Systems, Series 2020B-1, 5.000%, 7/01/45 (Mandatory Put 7/01/25) | 1/25 at 100.00 | A | 5,971,931 | ||
Maryland Health and Higher Educational Facilities Authority, Maryland, Hospital Revenue Bonds, Meritus Medical Center, Series 2015: | ||||||
1,000 | 5.000%, 7/01/22 | No Opt. Call | A | 1,034,890 | ||
250 | 5.000%, 7/01/23 | No Opt. Call | A | 270,247 | ||
500 | 5.000%, 7/01/24 | No Opt. Call | A | 562,820 | ||
39,895 | Maryland State, General Obligation Bonds, State and Local Facilities Loan, Bidding Group 1 Second Series 2021A, 5.000%, 8/01/27 | No Opt. Call | AAA | 49,545,202 | ||
4,400 | Maryland Transportation Authority, Passenger Facility Charge Revenue Bonds, Baltimore/Washington Internatonal Thurgood Marshall Airport Project, Series 2019, 5.000%, 6/01/25 (AMT) | No Opt. Call | A | 5,094,144 | ||
4,400 | Montgomery County, Maryland, General Obligation Bonds, Consolidated Public Improvement Series 2018A, 5.000%, 11/01/29 | 11/28 at 100.00 | AAA | 5,614,752 | ||
Prince George's County, Maryland, General Obligation Consolidated Public Improvement Bonds, Series 2020A: | ||||||
6,285 | 5.000%, 7/15/22 | No Opt. Call | AAA | 6,523,264 | ||
3,500 | 5.000%, 7/15/23 | No Opt. Call | AAA | 3,799,495 | ||
12,315 | Prince George's County, Maryland, General Obligation Consolidated Public Improvement Bonds, Series 2021A, 5.000%, 7/01/26 | No Opt. Call | AAA | 14,866,422 | ||
144,660 | Total Maryland | 161,054,121 | ||||
Massachusetts – 2.9% | ||||||
34,380 | Massachusetts Bay Transportation Authority, Sales Tax Revenue Bonds, Anticipation Note Subordinated Sustainability Series 2021, 4.000%, 5/01/25 | No Opt. Call | AA | 38,719,100 | ||
20,045 | Massachusetts Bay Transportation Authority, Sales Tax Revenue Bonds, Subordinated Series 2020B-2, 5.000%, 7/01/22 | No Opt. Call | AA | 20,768,825 | ||
Massachusetts Development Finance Agency Revenue Bonds, Lawrence General Hospital Issue, Series 2014A: | ||||||
690 | 5.000%, 7/01/22 | No Opt. Call | B- | 693,581 | ||
625 | 5.000%, 7/01/23 | No Opt. Call | B- | 631,962 | ||
735 | 5.000%, 7/01/24 | No Opt. Call | B- | 745,974 | ||
795 | 5.000%, 7/01/25 | 7/24 at 100.00 | B- | 805,701 | ||
1,500 | Massachusetts Development Finance Agency, Revenue Bonds, CareGroup Issue, Series 2018J-1, 5.000%, 7/01/25 | No Opt. Call | A | 1,746,060 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Massachusetts (continued) | ||||||
Massachusetts Development Finance Agency, Revenue Bonds, CareGroup Issue, Series 2018J-2: | ||||||
$ 2,775 | 5.000%, 7/01/29 | 7/28 at 100.00 | A | $3,474,661 | ||
2,750 | 5.000%, 7/01/30 | 7/28 at 100.00 | A | 3,425,565 | ||
2,495 | 5.000%, 7/01/31 | 7/28 at 100.00 | A | 3,091,031 | ||
2,100 | 5.000%, 7/01/32 | 7/28 at 100.00 | A | 2,591,400 | ||
Massachusetts Development Finance Agency, Revenue Bonds, Milford Regional Medical Center Issue, Series 2020G: | ||||||
115 | 5.000%, 7/15/22, 144A | No Opt. Call | BB+ | 118,530 | ||
125 | 5.000%, 7/15/23, 144A | No Opt. Call | BB+ | 133,607 | ||
130 | 5.000%, 7/15/24, 144A | No Opt. Call | BB+ | 143,573 | ||
125 | 5.000%, 7/15/25, 144A | No Opt. Call | BB+ | 141,960 | ||
160 | 5.000%, 7/15/26, 144A | No Opt. Call | BB+ | 186,130 | ||
170 | 5.000%, 7/15/27, 144A | No Opt. Call | BB+ | 201,868 | ||
175 | 5.000%, 7/15/28, 144A | No Opt. Call | BB+ | 211,605 | ||
325 | 5.000%, 7/15/29, 144A | No Opt. Call | BB+ | 399,318 | ||
220 | 5.000%, 7/15/30, 144A | No Opt. Call | BB+ | 274,096 | ||
815 | Massachusetts Development Finance Agency, Revenue Bonds, Wellforce Issue, Series 2019A, 5.000%, 7/01/23 | No Opt. Call | BBB+ | 877,739 | ||
2,000 | Massachusetts Development Finance Agency, Revenue Bonds, Williams College, Series 2011N, 0.450%, 7/01/41 (Mandatory Put 7/01/25) | 1/25 at 100.00 | AA+ | 1,991,640 | ||
2,225 | Massachusetts Housing Finance Agency, Housing Bonds, Series 2019B-1, 2.750%, 12/01/34 | 12/28 at 100.00 | AA | 2,343,192 | ||
1,740 | Massachusetts Housing Finance Agency, Housing Bonds, Series 2020A-3, 0.875%, 12/01/23 | 6/22 at 100.00 | AA | 1,745,220 | ||
5,000 | Massachusetts Housing Finance Agency, Single Family Housing Revenue Bonds, Social Series 2020-220, 1.950%, 12/01/35 | 6/30 at 100.00 | AA+ | 4,886,300 | ||
1,000 | Massachusetts Housing Finance Agency, Single Family Housing Revenue Bonds, Social Series 2021-221, 2.000%, 12/01/36 | 6/30 at 100.00 | AA+ | 979,600 | ||
2,675 | Massachusetts Housing Finance Agency, Single Family Housing Revenue Bonds, Social Series 2021-222, 2.000%, 12/01/36 | 6/30 at 100.00 | AA+ | 2,620,430 | ||
6,195 | Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2020E, 5.000%, 11/01/25 | No Opt. Call | Aa1 | 7,331,225 | ||
14,000 | Massachusetts State, General Obligation Bonds, Refunding Series 2015A, 5.000%, 7/01/23 | No Opt. Call | Aa1 | 15,172,360 | ||
40,200 | Massachusetts State, General Obligation Bonds, Refunding Series 2020A, 5.000%, 6/01/44 (Mandatory Put 6/01/23) | No Opt. Call | Aa1 | 43,387,056 | ||
Massachusetts State, General Obligation Bonds, Refunding Series 2021A: | ||||||
7,810 | 5.000%, 9/01/22 (WI/DD, Settling 10/05/21) | No Opt. Call | Aa1 | 8,153,093 | ||
9,785 | 5.000%, 9/01/23 (WI/DD, Settling 10/05/21) | No Opt. Call | Aa1 | 10,679,838 | ||
23,930 | 5.000%, 9/01/24 (WI/DD, Settling 10/05/21) | No Opt. Call | Aa1 | 27,194,052 | ||
12,332 | North Middlesex Regional School District, Middlesex County, Massachusetts, General Obligation Bonds, Bond Anticipation Notes Series 2021, 2.000%, 2/04/22 | No Opt. Call | N/R | 12,411,833 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Massachusetts (continued) | ||||||
$ 5,275 | University of Massachusetts Building Authority, Revenue Bonds, Refunding Senior Series 2021-1, 5.000%, 11/01/25 | No Opt. Call | Aa2 | $6,247,182 | ||
10,850 | Weymouth, Massachusetts, General Obligation Bonds, Bond Anticipation Bond Series 2021, 1.500%, 8/26/22 | No Opt. Call | N/R | 10,981,144 | ||
16,211 | Worcester, Massachusetts, General Obligation Bonds, Bond Anticipation Notes, Series 2020, 2.000%, 2/01/22 | No Opt. Call | N/R | 16,309,887 | ||
232,478 | Total Massachusetts | 251,816,338 | ||||
Michigan – 2.4% | ||||||
1,000 | Birmingham Public Schools, Oakland County, Michigan, General Obligation Bonds, School Building & Site Refunding Series 2020, 4.000%, 5/01/23 | No Opt. Call | Aa2 | 1,060,140 | ||
1,890 | Michigan Finance Authority, Michigan, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2017A-MI, 5.000%, 12/01/21 | No Opt. Call | AA- | 1,904,666 | ||
14,355 | Michigan Finance Authority, State Aid Revenue Notes, Series 2020A-1, 3.000%, 7/20/22 | No Opt. Call | N/R | 14,682,294 | ||
Michigan Finance Authority, Tobacco Settlement Asset- Backed Bonds, 2007 Sold Tobacco Receipts, Series 2020A-CL-1: | ||||||
1,100 | 4.000%, 6/01/22 | No Opt. Call | A | 1,126,576 | ||
2,000 | 4.000%, 6/01/23 | No Opt. Call | A | 2,114,540 | ||
2,200 | 5.000%, 6/01/25 | No Opt. Call | A | 2,539,350 | ||
2,500 | 5.000%, 6/01/27 | No Opt. Call | A | 3,058,700 | ||
2,450 | 5.000%, 6/01/29 | No Opt. Call | A | 3,133,158 | ||
15,140 | Michigan Hospital Finance Authority, Revenue Bonds, Ascension Health Senior Credit Group, Refunding Series 2010F-1, 4.000%, 11/15/47 (Mandatory Put 6/01/23) | No Opt. Call | AA+ | 16,087,158 | ||
6,750 | Michigan Housing Development Authority, Rental Housing Revenue Bonds, Series 2018A, 3.550%, 10/01/33 | 10/27 at 100.00 | AA | 7,357,095 | ||
3,840 | Michigan Housing Development Authority, Rental Housing Revenue Bonds, Series 2021A, 0.550%, 4/01/25 | 10/22 at 100.00 | AA | 3,837,965 | ||
Michigan Housing Development Authority, Single Family Mortgage Revenue Bonds, Fixed Rate Series 2018C: | ||||||
3,505 | 3.550%, 6/01/29 | 12/27 at 100.00 | AA+ | 3,884,977 | ||
3,825 | 3.650%, 6/01/30 | 12/27 at 100.00 | AA+ | 4,212,855 | ||
3,810 | 3.700%, 12/01/30 | 12/27 at 100.00 | AA+ | 4,196,753 | ||
1,805 | 3.350%, 12/01/34 | 6/28 at 100.00 | AA+ | 1,932,740 | ||
5,205 | Michigan Housing Development Authority, Single Family Mortgage Revenue Bonds, Series 2016A, 3.100%, 12/01/31 | 6/26 at 100.00 | AA+ | 5,512,928 | ||
9,770 | Michigan Housing Development Authority, Single Family Mortgage Revenue Bonds, Series 2019B, 2.700%, 12/01/34 | 12/28 at 100.00 | AA+ | 10,256,448 | ||
14,835 | Michigan Housing Development Authority, Single Family Mortgage Revenue Bonds, Series 2020C, 2.350%, 12/01/35 | 6/30 at 100.00 | AA+ | 15,036,459 | ||
6,000 | Michigan Housing Development Authority, Single Family Mortgage Revenue Bonds, Social Series 2021A, 1.950%, 12/01/36 | 12/30 at 100.00 | AA+ | 5,801,100 | ||
1,000 | Michigan State Hospital Finance Authority, Revenue Bonds, Trinity Health Care Group, Refunding Series 2008C, 5.000%, 12/01/21 | No Opt. Call | AA- | 1,007,760 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Michigan (continued) | ||||||
Michigan State, Trunk Line Fund Bonds, Rebuilding Michigan Program Series 2020B: | ||||||
$ 27,220 | 5.000%, 11/15/28 | No Opt. Call | AA+ | $34,854,666 | ||
28,245 | 5.000%, 11/15/29 | No Opt. Call | AA+ | 36,952,934 | ||
Michigan State, Trunk Line Fund Bonds, Series 2021A: | ||||||
1,305 | 5.000%, 11/15/22 | No Opt. Call | AA+ | 1,375,509 | ||
5,250 | 5.000%, 11/15/23 | No Opt. Call | AA+ | 5,780,775 | ||
5,000 | 5.000%, 11/15/24 | No Opt. Call | AA+ | 5,727,950 | ||
585 | 5.000%, 11/15/25 | No Opt. Call | AA+ | 693,155 | ||
7,730 | Michigan Strategic Fund, Limited Obligation Revenue Bonds, Consumers Energy Company Project, Variable Rate Series 2005, 0.875%, 4/01/35 (Mandatory Put 10/08/26) (AMT) (WI/DD, Settling 10/07/21) | 9/21 at 100.00 | A- | 7,668,418 | ||
2,285 | Michigan Strategic Fund, Limited Obligation Revenue Bonds, Graphic Packaging International, LLC Coated Recycled Board Machine Project, Green Series 2021, 4.000%, 10/01/61 (Mandatory Put 10/01/26) (AMT) | No Opt. Call | BB | 2,540,120 | ||
1,205 | Michigan Strategic Fund, Revenue Bonds, Waste Management Inc, Series 2001, 0.580%, 8/01/27 (Mandatory Put 8/01/24) (AMT) | No Opt. Call | A- | 1,200,289 | ||
2,525 | Royal Oak Hospital Finance Authority, Michigan, Hospital Revenue Bonds, William Beaumont Hospital Obligated Group, Refunding Series 2014D, 5.000%, 9/01/22 | No Opt. Call | A+ | 2,633,878 | ||
184,330 | Total Michigan | 208,171,356 | ||||
Minnesota – 1.1% | ||||||
1,680 | Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2014A, 5.000%, 1/01/24 | No Opt. Call | A+ | 1,853,662 | ||
1,460 | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020B, 2.400%, 1/01/35 | 7/29 at 100.00 | AA+ | 1,513,801 | ||
2,575 | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020E, 2.250%, 7/01/35 | 7/29 at 100.00 | AA+ | 2,642,439 | ||
4,555 | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020I, 1.875%, 7/01/35 | 1/30 at 100.00 | AA+ | 4,505,943 | ||
6,000 | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2021D, 2.000%, 7/01/36 | 7/30 at 100.00 | AA+ | 5,940,420 | ||
5,175 | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2021F, 2.000%, 7/01/36 | 1/31 at 100.00 | AA+ | 5,071,862 | ||
28,320 | Minnesota State, General Obligation Bonds, Refunding State Trunk Highway Series 2020E, 2.000%, 8/01/22 | No Opt. Call | AAA | 28,761,226 | ||
36,940 | Minnesota State, General Obligation Bonds, Refunding Various Purpose Series 2015D, 5.000%, 8/01/23 | No Opt. Call | AAA | 40,185,548 | ||
900 | Northern Municipal Power Agency, Minnesota, Electric System Revenue Bonds, Series 2013A, 5.000%, 1/01/23 | No Opt. Call | A- | 951,813 | ||
2,890 | Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Refunding Series 2014B, 5.000%, 5/01/22 | No Opt. Call | AA- | 2,968,319 | ||
90,495 | Total Minnesota | 94,395,033 | ||||
Mississippi – 0.5% | ||||||
1,000 | Lowndes County, Mississippi, Solid Waste Disposal and Pollution Control Refunding Revenue Bonds (Weyerhaeuser Company Project), Series 1992A, 6.800%, 4/01/22 | No Opt. Call | BBB | 1,029,850 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Mississippi (continued) | ||||||
$ 6,865 | Mississippi Business Finance Corporation, Pollution Control Revenue, Mississippi Power, Series 2002, 3.200%, 9/01/28 | 3/24 at 100.00 | A- | $7,171,728 | ||
9,385 | Mississippi Business Finance Corporation, Revenue Bonds, Mississippi Power Company Project, First Series 2010, 2.750%, 12/01/40 (Mandatory Put 12/09/21) | No Opt. Call | A- | 9,422,728 | ||
7,670 | Mississippi Business Finance Corporation, Revenue Bonds, System Energy Resources, Inc Project, Refunding Series 2019, 2.500%, 4/01/22 | 11/21 at 100.00 | BBB+ | 7,712,875 | ||
1,000 | Mississippi Home Corporation, Single Family Mortgage Revenue Bonds, Series 2020A, 2.250%, 12/01/35 | 6/29 at 100.00 | Aaa | 1,022,890 | ||
500 | Mississippi Home Corporation, Single Family Mortgage Revenue Bonds, Series 2021A, 1.800%, 12/01/35 | 6/30 at 100.00 | Aaa | 489,120 | ||
9,750 | Mississippi Hospital Equipment and Facilities Authority, Revenue Bonds, Baptist Memorial Healthcare, Refunding Series 2020A-1, 5.000%, 9/01/44 (Mandatory Put 9/01/25) | 3/25 at 100.00 | BBB+ | 11,016,135 | ||
3,680 | Mississippi Hospital Equipment and Facilities Authority, Revenue Bonds, Baptist Memorial Healthcare, Series 2015A, 5.000%, 9/01/24 | No Opt. Call | BBB+ | 4,132,161 | ||
3,395 | Mississippi Hospital Equipment and Facilities Authority, Revenue Bonds, North Mississippi Health Services, Series 2020-II, 5.000%, 10/01/40 (Mandatory Put 3/01/27) | 12/26 at 100.00 | AA | 3,994,829 | ||
Mississippi State, Gaming Tax Revenue Bonds, Series 2019A: | ||||||
275 | 5.000%, 10/15/21 | No Opt. Call | A+ | 275,388 | ||
350 | 5.000%, 10/15/22 | No Opt. Call | A+ | 366,541 | ||
250 | 5.000%, 10/15/23 | No Opt. Call | A+ | 272,875 | ||
205 | 5.000%, 10/15/24 | No Opt. Call | A+ | 232,140 | ||
1,220 | 5.000%, 10/15/25 | No Opt. Call | A+ | 1,426,192 | ||
45,545 | Total Mississippi | 48,565,452 | ||||
Missouri – 1.0% | ||||||
Branson Industrial Development Authority, Missouri, Tax Increment Revenue Bonds, Branson Shoppes Redevelopment Project, Refunding Series 2017A: | ||||||
765 | 4.000%, 11/01/22 | No Opt. Call | N/R | 778,877 | ||
755 | 4.000%, 11/01/23 | No Opt. Call | N/R | 778,730 | ||
Jackson County Reorganized School District R-7, Lees Summit, Missouri, General Obligation Bonds, Refunding & School Building Series 2020: | ||||||
7,665 | 4.000%, 3/01/29 | No Opt. Call | AA+ | 9,272,121 | ||
7,510 | 4.000%, 3/01/30 | 3/29 at 100.00 | AA+ | 9,055,032 | ||
24,750 | Missouri Environmental Improvement and Energy Resources Authority, Revenue Bonds, Union Electric Company Project, Refunding Market-Adjusted Tax Exempt Securities Series 1992, 1.600%, 12/01/22 | 11/21 at 100.50 | A | 24,820,043 | ||
5,035 | Missouri Environmental Improvement and Energy Resources Authority, Revenue Bonds, Union Electric Company Project, Refunding Series 1998A, 2.900%, 9/01/33 | 7/27 at 102.00 | A | 5,404,217 | ||
11,000 | Missouri Environmental Improvement and Energy Resources Authority, Revenue Bonds, Union Electric Company Project, Series 1998B, 2.900%, 9/01/33 | 7/27 at 102.00 | A | 11,808,500 | ||
5,195 | Missouri Environmental Improvement and Energy Resources Authority, Revenue Bonds, Union Electric Company Project, Series 1998C, 2.750%, 9/01/33 | 6/27 at 102.00 | A | 5,517,765 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Missouri (continued) | ||||||
Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Saint Louis College of Pharmacy, Series 2013: | ||||||
$ 2,545 | 4.000%, 5/01/22 | No Opt. Call | BBB | $2,591,166 | ||
1,320 | 5.000%, 5/01/23 | No Opt. Call | BBB | 1,404,995 | ||
910 | Missouri Housing Development Commission, Single Family Mortgage Revenue Bonds, First Place Homeownership Loan Program, Series 2019C, 2.500%, 11/01/34 | 5/29 at 100.00 | AA+ | 945,135 | ||
1,195 | Missouri Housing Development Commission, Single Family Mortgage Revenue Bonds, First Place Homeownership Loan Program, Series 2021A, 1.950%, 11/01/36 | 5/30 at 100.00 | AA+ | 1,189,037 | ||
2,000 | Missouri Housing Development Commission, Single Family Mortgage Revenue Bonds, First Place Homeownership Loan Program, Series 2021B, 1.800%, 11/01/36 | 5/30 at 100.00 | AA+ | 1,925,720 | ||
Missouri Joint Municipal Electric Utility Commission, Power Project Revenue Bonds, Plum Point Project, Refunding Series 2014A: | ||||||
2,420 | 5.000%, 1/01/25 | No Opt. Call | A | 2,759,816 | ||
5,035 | 5.000%, 1/01/26 | 1/25 at 100.00 | A | 5,735,419 | ||
Saint Charles County Francis Howell School District, Missouri, General Obligation Bonds, Series 2020: | ||||||
1,980 | 4.000%, 3/01/30 | 3/28 at 100.00 | AA | 2,338,301 | ||
1,480 | 4.000%, 3/01/31 | 3/28 at 100.00 | AA | 1,735,048 | ||
Saint Louis, Missouri, Airport Revenue Bonds, Lambert-St Louis International Airport, Refunding Series 2015: | ||||||
1,000 | 5.000%, 7/01/22 | No Opt. Call | A2 | 1,035,580 | ||
1,085 | 5.000%, 7/01/23 | No Opt. Call | A2 | 1,174,664 | ||
83,645 | Total Missouri | 90,270,166 | ||||
Montana – 0.4% | ||||||
30,720 | Forsyth, Rosebud County, Montana, Pollution Control Revenue Refunding Bonds, Northwestern Corporation Colstrip Project, Series 2016, 2.000%, 8/01/23 | No Opt. Call | A | 31,507,354 | ||
Lewis and Clark County School District 9 East Helena, Montana, General Obligation Bonds, School Building Series 2018: | ||||||
1,000 | 5.000%, 7/01/27 | No Opt. Call | A+ | 1,227,250 | ||
1,055 | 5.000%, 7/01/28 | No Opt. Call | A+ | 1,321,366 | ||
1,335 | 5.000%, 7/01/29 | 7/28 at 100.00 | A+ | 1,665,693 | ||
800 | Montana Board of Housing, Single Family Mortgage Bonds, Series 2021A-1, 1.850%, 12/01/36 | 6/30 at 100.00 | AA+ | 778,376 | ||
500 | Montana Board of Housing, Single Family Mortgage Bonds, Series 2021B, 1.850%, 12/01/36 | 12/30 at 100.00 | AA+ | 481,405 | ||
35,410 | Total Montana | 36,981,444 | ||||
Nebraska – 0.5% | ||||||
8,000 | Central Plains Energy Project, Nebraska, Gas Project 4 Revenue Bonds, Series 2018A, 5.000%, 3/01/50 (Mandatory Put 1/01/24) | 10/23 at 100.43 | A2 | 8,739,520 | ||
815 | Douglas County Hospital Authority 2, Nebraska, Health Facilities Revenue Bonds, Children's Hospital Obligated Group, Series 2020B, 5.000%, 11/15/53 (Mandatory Put 11/15/25) | 8/25 at 100.00 | AA- | 948,978 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Nebraska (continued) | ||||||
$ 1,000 | Douglas County Hospital Authority 3, Nebraska, Health Facilities Revenue Bonds, Nebraska Methodist Health System, Refunding Series 2015, 5.000%, 11/01/22 | No Opt. Call | A | $1,050,940 | ||
Douglas County School District 17 Millard, Nebraska, General Obligation Bonds, Series 2020: | ||||||
1,275 | 5.000%, 12/15/28 | No Opt. Call | AA | 1,635,723 | ||
1,505 | 5.000%, 12/15/29 | No Opt. Call | AA | 1,969,593 | ||
1,590 | 5.000%, 12/15/30 | No Opt. Call | AA | 2,118,643 | ||
1,000 | Lincoln County Hospital Authority 1, Nebraska, Hospital Revenue and Refunding Bonds, Great Plains Regional Medical Center Project, Series 2012, 3.500%, 11/01/27 (Pre-refunded 11/01/21) | 11/21 at 100.00 | N/R (4) | 1,002,450 | ||
1,915 | Nebraska Investment Finance Authority, Single Family Housing Revenue Bonds, Series 2019D, 2.600%, 9/01/34 | 3/29 at 100.00 | AA+ | 1,981,221 | ||
8,620 | Nebraska Investment Finance Authority, Single Family Housing Revenue Bonds, Series 2020A, 2.350%, 9/01/35 | 3/29 at 100.00 | AA+ | 8,857,567 | ||
2,410 | Nebraska Investment Finance Authority, Single Family Housing Revenue Bonds, Series 2021A, 1.850%, 9/01/35 | 3/30 at 100.00 | AA+ | 2,378,260 | ||
3,405 | Nebraska Investment Finance Authority, Single Family Housing Revenue Bonds, Series 2021C, 2.100%, 9/01/36 | 9/30 at 100.00 | AA+ | 3,366,830 | ||
Nebraska Public Power District, General Revenue Bonds, Series 2015A-2: | ||||||
160 | 5.000%, 1/01/24 (Pre-refunded 1/01/22) | 1/22 at 100.00 | N/R (4) | 161,874 | ||
1,615 | 5.000%, 1/01/24 | 1/22 at 100.00 | A+ | 1,633,912 | ||
1,500 | Nebraska Public Power District, General Revenue Bonds, Series 2021A Forward Delivery, 5.000%, 1/01/23 (WI/DD, Settling 10/07/21) | No Opt. Call | A+ | 1,588,650 | ||
1,645 | Papio-Missouri River Natural Resources District, Nebraska, Flood Protection and Water Quality Enhancement Revenue Bonds, Series 2017, 5.000%, 12/15/22 (Pre-refunded 6/15/22) | 6/22 at 100.00 | AA (4) | 1,700,914 | ||
6,450 | Washington County, Nebraska, Wastewater and Solid Waste Disposal Facilities Revenue Bonds, Cargill Inc Project, Variable Rate Demand Series 2012, 0.900%, 9/01/30 (Mandatory Put 9/01/25) (AMT) | No Opt. Call | A | 6,511,146 | ||
42,905 | Total Nebraska | 45,646,221 | ||||
Nevada – 0.9% | ||||||
Clark County School District, Nevada, General Obligation Bonds, Limited Tax Building Series 2020A: | ||||||
1,000 | 3.000%, 6/15/22 | No Opt. Call | A+ | 1,019,890 | ||
1,000 | 3.000%, 6/15/24 – AGM Insured | No Opt. Call | AA | 1,072,340 | ||
Clark County, Nevada, Airport Revenue Bonds, Junior Subordinate Lien Notes Series 2021B: | ||||||
1,500 | 5.000%, 7/01/22 (AMT) | No Opt. Call | A1 | 1,552,680 | ||
1,925 | 5.000%, 7/01/23 (AMT) | No Opt. Call | A1 | 2,080,906 | ||
2,000 | 5.000%, 7/01/24 (AMT) | No Opt. Call | A1 | 2,246,000 | ||
3,100 | 5.000%, 7/01/25 (AMT) | No Opt. Call | A1 | 3,598,511 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Nevada (continued) | ||||||
Clark County, Nevada, Highway Revenue Bonds, Indexed Fuel Tax & Motor Vehicle Fuel Tax Series 2021: | ||||||
$ 2,730 | 5.000%, 7/01/22 | No Opt. Call | AA- | $2,827,543 | ||
3,355 | 5.000%, 7/01/23 | No Opt. Call | AA- | 3,632,861 | ||
3,520 | 5.000%, 7/01/24 | No Opt. Call | AA- | 3,972,566 | ||
3,700 | 5.000%, 7/01/25 | No Opt. Call | AA- | 4,327,964 | ||
1,860 | Clark County, Nevada, Pollution Control Revenue Bonds, Nevada Power Company Project, Refunding Series 2017, 1.650%, 1/01/36 (Mandatory Put 3/31/23) | No Opt. Call | A+ | 1,894,522 | ||
3,620 | Director of Nevada State Department of Business and Industry, Revenue Bonds, Brightline West Passenger Rail Project, Series 2020A, 0.250%, 1/01/50 (Mandatory Put 2/01/22), 144A (AMT) | 2/22 at 100.00 | Aaa | 3,620,217 | ||
Las Vegas Convention and Visitors Authority, Nevada, Revenue Bonds, Refunding Series 2017B: | ||||||
830 | 5.000%, 7/01/23 | No Opt. Call | Aa3 | 891,935 | ||
850 | 5.000%, 7/01/25 | No Opt. Call | Aa3 | 978,163 | ||
Las Vegas Valley Water District, Nevada, General Obligation Bonds, Limited Tax Refunding Series 2021C: | ||||||
6,500 | 5.000%, 6/01/24 | No Opt. Call | Aa1 | 7,306,195 | ||
13,660 | 5.000%, 6/01/25 | No Opt. Call | Aa1 | 15,917,588 | ||
Las Vegas Valley Water District, Nevada, General Obligation Bonds, Limited Tax Refunding Water Series 2021A: | ||||||
2,935 | 5.000%, 6/01/22 | No Opt. Call | Aa1 | 3,028,773 | ||
13,020 | 5.000%, 6/01/24 | No Opt. Call | Aa1 | 14,634,870 | ||
Nevada Housing Division, Single Family Housing Mortgage Revenue Bonds, Refunding Series 2021A: | ||||||
1,970 | 1.850%, 10/01/33 | 10/30 at 100.00 | AA+ | 1,938,204 | ||
1,970 | 2.000%, 10/01/36 | 10/30 at 100.00 | AA+ | 1,930,206 | ||
145 | Sparks, Nevada, Sales Tax Revenue Bonds, Tourism Improvement District 1 Legends at Sparks Marina, Refunding Senior Series 2019A, 2.500%, 6/15/24, 144A | No Opt. Call | Ba2 | 147,345 | ||
71,190 | Total Nevada | 78,619,279 | ||||
New Hampshire – 0.2% | ||||||
13,100 | New Hampshire Business Finance Authority, Pollution Control Revenue Bonds, United Illuminating Company, Refunding Series 2003A, 2.800%, 10/01/33 (Mandatory Put 10/02/23) | No Opt. Call | A | 13,616,271 | ||
1,195 | New Hampshire Health and Education Facilities Authority, Revenue Bonds, Elliot Hospital, Series 2016, 5.000%, 10/01/21 | No Opt. Call | A- | 1,195,000 | ||
2,710 | New Hampshire State, General Obligation Bonds, Capital Improvement Series 2020C, 5.000%, 12/01/26 | No Opt. Call | Aa1 | 3,312,596 | ||
17,005 | Total New Hampshire | 18,123,867 | ||||
New Jersey – 6.3% | ||||||
13,526 | Avalon Borough, New Jersey, General Obligation Bonds, Bond Anticipation Notes Series 2021, 0.750%, 2/11/22 | No Opt. Call | N/R | 13,551,307 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey (continued) | ||||||
$ 8,515 | Bergen County Improvement Authority, New Jersey, County Guaranteed Project Note, Bergen New Bridge Medical Center Project, Series 2020, 3.000%, 8/15/22 | No Opt. Call | N/R | $8,716,124 | ||
10,000 | Berkeley Township, New Jersey, General Obligation Bonds, Anticipation Notes, Series 2021B, 1.000%, 8/30/22 | No Opt. Call | N/R | 10,076,100 | ||
30,750 | Burlington County Bridge Commission, New Jersey, Governmental Leasing Program Revenue Bonds, County Guaranteed, Series 2021A, 1.000%, 4/14/22 | No Opt. Call | N/R | 30,888,682 | ||
5,000 | Cherry Hill Township, Camden County, New Jersey, General Obligation Bonds, Bond Anticipation Note Series 2020B, 2.000%, 10/27/21 | No Opt. Call | N/R | 5,006,800 | ||
Delaware River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Refunding Series 2018B: | ||||||
8,515 | 5.000%, 1/01/23 | No Opt. Call | A+ | 9,021,642 | ||
6,675 | 5.000%, 1/01/24 | No Opt. Call | A+ | 7,374,540 | ||
Delran Township, New Jersey, General Obligation Bonds, Series 2019: | ||||||
1,000 | 2.000%, 10/15/27 | No Opt. Call | AA | 1,056,170 | ||
1,000 | 2.000%, 10/15/28 | No Opt. Call | AA | 1,051,120 | ||
1,000 | 2.000%, 10/15/29 | No Opt. Call | AA | 1,041,510 | ||
26,550 | Essex County, New Jersey, General Obligation Bonds, Bond Antiipation Notes, Series 2021, 1.000%, 8/30/22 | No Opt. Call | N/R | 26,754,435 | ||
1,320 | Gloucester County Pollution Control Financing Authority, New Jersey, Pollution Control Revenue Bonds, Logan Project, Refunding Series 2014A, 5.000%, 12/01/24 (AMT) | No Opt. Call | BBB- | 1,409,892 | ||
Gloucester Township, New Jersey, General Obligation Bonds, Series 2019: | ||||||
3,640 | 2.000%, 2/01/26 – BAM Insured | No Opt. Call | AA | 3,767,436 | ||
3,975 | 2.000%, 2/01/27 – BAM Insured | No Opt. Call | AA | 4,116,113 | ||
10,425 | Hudson County Improvement Authority, County Guaranteed Pooled Notes, Series 2021C-1, 1.000%, 8/16/22 | No Opt. Call | N/R | 10,499,956 | ||
Hudson County Improvement Authority, New Jersey, County Secured Lease Revenue Bonds, Hudson County Courthouse Project, Series 2020: | ||||||
495 | 4.000%, 10/01/25 | No Opt. Call | AA | 561,686 | ||
755 | 5.000%, 10/01/26 | No Opt. Call | AA | 912,312 | ||
20,000 | Mercer County, New Jersey, General Obligation Bonds, Bond Anticipation Series 2021A, 1.000%, 6/08/22 | No Opt. Call | N/R | 20,111,400 | ||
Monmouth County Improvement Authority, New Jersey, Governmental Pooled Loan Revenue Bonds, Series 2020: | ||||||
600 | 4.000%, 12/01/21 | No Opt. Call | AAA | 603,660 | ||
850 | 4.000%, 12/01/22 | No Opt. Call | AAA | 887,502 | ||
16,508 | Montgomery Township, New Jersey, General Obligation Bonds, Bond Anticipation Note Series 2021, 1.500%, 8/19/22 | No Opt. Call | N/R | 16,703,711 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey (continued) | ||||||
New Jersey Economic Development Authority, Cigarette Tax Revenue Refunding Bonds, Series 2012: | ||||||
$ 1,475 | 5.000%, 6/15/22 | No Opt. Call | BBB | $1,520,017 | ||
520 | 5.000%, 6/15/22 | No Opt. Call | AA | 536,879 | ||
6,565 | 5.000%, 6/15/23 | 6/22 at 100.00 | BBB | 6,764,182 | ||
4,520 | 5.000%, 6/15/24 | 6/22 at 100.00 | BBB | 4,655,690 | ||
8,620 | 5.000%, 6/15/25 | 6/22 at 100.00 | BBB | 8,875,583 | ||
6,000 | 5.000%, 6/15/26 | 6/22 at 100.00 | BBB | 6,176,040 | ||
795 | 4.250%, 6/15/27 | 6/22 at 100.00 | BBB | 813,508 | ||
10,065 | New Jersey Economic Development Authority, New Jersey, Transit Transportation Project Revenue Bonds, Series 2020A, 5.000%, 11/01/29 | No Opt. Call | Baa1 | 12,835,794 | ||
5,730 | New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge, Refunding Series 2017A, 3.375%, 7/01/30 | 7/27 at 100.00 | Baa3 | 6,064,346 | ||
10,545 | New Jersey Economic Development Authority, Revenue Bonds, Municipal Rehabilitation, Refunding Series 2019A, 5.250%, 4/01/25 | No Opt. Call | BBB | 12,228,087 | ||
5,020 | New Jersey Economic Development Authority, Revenue Bonds, New Jersey Transit Corporation Projects Sublease, Refunding Series 2017B, 5.000%, 11/01/21 | No Opt. Call | Baa1 | 5,038,072 | ||
17,000 | New Jersey Economic Development Authority, School Facilities Construction Bonds, Refunding Series 2016BBB, 5.000%, 6/15/22 | No Opt. Call | Baa1 | 17,560,320 | ||
3,130 | New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2016AAA, 5.000%, 6/15/26 | No Opt. Call | Baa1 | 3,738,691 | ||
New Jersey Economic Development Authority, School Facilities Construction Bonds, Social Series 2021QQQ: | ||||||
245 | 5.000%, 6/15/23 | No Opt. Call | Baa1 | 264,348 | ||
300 | 5.000%, 6/15/24 | No Opt. Call | Baa1 | 336,312 | ||
575 | 5.000%, 6/15/25 | No Opt. Call | Baa1 | 666,839 | ||
2,000 | New Jersey Economic Development Authority, School Facilities Construction Financing Program Bonds, Refunding Series 2012II, 5.000%, 3/01/25 | 3/22 at 100.00 | Baa1 | 2,037,520 | ||
7,030 | New Jersey Economic Development Authority, School Facilities Construction Financing Program Bonds, Refunding Series 2014PP, 5.000%, 6/15/30 | 6/24 at 100.00 | Baa1 | 7,825,585 | ||
2,715 | New Jersey Economic Development Authority, Water Facilities Revenue Bonds, New Jersey-American Water Company Inc Project, Refunding Series 2020B, 1.200%, 11/01/34 (Mandatory Put 6/01/23) (AMT) | No Opt. Call | A+ | 2,740,575 | ||
2,500 | New Jersey Economic Development Authority, Water Facilities Revenue Bonds, New Jersey-American Water Company Inc Project, Refunding Series 2020C, 1.150%, 6/01/23 (AMT) | No Opt. Call | A+ | 2,529,375 | ||
2,835 | New Jersey Economic Development Authority, Water Facilities Revenue Bonds, New Jersey-American Water Company Inc Project, Refunding Series 2020E, 0.850%, 12/01/25 (AMT) | No Opt. Call | A+ | 2,826,438 | ||
5,340 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, RWJ Barnabas Health Obligated Group, Term Series 2019B-1, 5.000%, 7/01/43 (Mandatory Put 7/01/24) | 4/24 at 100.87 | AA- | 6,006,218 | ||
4,830 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, RWJ Barnabas Health Obligated Group, Term Series 2019B-2, 5.000%, 7/01/42 (Mandatory Put 7/01/25) | 4/25 at 100.85 | AA- | 5,622,506 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey (continued) | ||||||
New Jersey Infrastructure Bank, Environmental Infrastructure Bonds, Green Series 2021A-1: | ||||||
$ 3,785 | 5.000%, 9/01/22 | No Opt. Call | AAA | $3,951,767 | ||
3,955 | 5.000%, 9/01/23 | No Opt. Call | AAA | 4,316,408 | ||
4,125 | 5.000%, 9/01/24 | No Opt. Call | AAA | 4,688,186 | ||
4,295 | 5.000%, 9/01/25 | No Opt. Call | AAA | 5,055,215 | ||
New Jersey State, General Obligation Bonds, Covid-19 Emergency Series 2020A: | ||||||
8,035 | 4.000%, 6/01/23 | No Opt. Call | A3 | 8,526,662 | ||
10,050 | 5.000%, 6/01/24 | No Opt. Call | A3 | 11,273,688 | ||
15,000 | 5.000%, 6/01/25 | No Opt. Call | A3 | 17,413,800 | ||
11,415 | 5.000%, 6/01/26 | No Opt. Call | A3 | 13,641,039 | ||
New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement Revenue Notes, Series 2018A: | ||||||
14,880 | 3.000%, 6/15/22 | No Opt. Call | A+ | 15,163,315 | ||
1,885 | 5.000%, 6/15/22 | No Opt. Call | A+ | 1,947,130 | ||
3,560 | 5.000%, 6/15/24 | No Opt. Call | A+ | 3,995,317 | ||
5,145 | 5.000%, 6/15/28 | 6/26 at 100.00 | A+ | 6,087,410 | ||
2,715 | 5.000%, 6/15/29 | 6/26 at 100.00 | A+ | 3,203,374 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019A: | ||||||
5,660 | 5.000%, 12/15/24 | No Opt. Call | Baa1 | 6,461,626 | ||
5,185 | 5.000%, 12/15/25 | No Opt. Call | Baa1 | 6,110,108 | ||
9,780 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019BB, 5.000%, 6/15/32 | 12/28 at 100.00 | Baa1 | 12,181,088 | ||
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2021A: | ||||||
3,010 | 5.000%, 6/15/26 | No Opt. Call | Baa1 | 3,595,355 | ||
2,500 | 5.000%, 6/15/27 | No Opt. Call | Baa1 | 3,058,000 | ||
235 | New Jersey Turnpike Authority, Revenue Bonds, Series 2013A, 5.000%, 1/01/43 (Pre-refunded 7/01/22) | 7/22 at 100.00 | N/R (4) | 243,498 | ||
Newark Board of Education, Essex County, New Jersey, General Obligation Bonds, School Energy Savings Series 2021: | ||||||
150 | 5.000%, 7/15/22 | No Opt. Call | BBB+ | 155,603 | ||
350 | 5.000%, 7/15/23 | No Opt. Call | BBB+ | 379,099 | ||
500 | 5.000%, 7/15/24 | No Opt. Call | BBB+ | 563,060 | ||
7,000 | Newark, New Jersey, General Obligation Bonds, Capital Improvement Bond Anticipation Notes, Series 2021E, 1.250%, 10/03/22 (WI/DD, Settling 10/04/21) | No Opt. Call | N/R | 7,070,630 | ||
1,700 | Passaic Valley Sewer Commissioners, New Jersey, Sewer Revenue Bonds, Series 2010G, 5.750%, 12/01/22 | No Opt. Call | A2 | 1,802,221 | ||
2,600 | Salem County Pollution Control Financing Authority, New Jersey, Pollution Control Revenue Bonds, Chambers Project, Refunding Series 2014A, 5.000%, 12/01/23 (AMT) | No Opt. Call | BBB | 2,731,664 | ||
15,000 | Somerset County, New Jersey, General Obligation Bonds, Bond Anticpation Notes Series 2021, 1.000%, 9/07/22 | No Opt. Call | N/R | 15,119,250 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey (continued) | ||||||
Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018A: | ||||||
$ 2,460 | 5.000%, 6/01/22 | No Opt. Call | A | $2,533,628 | ||
1,375 | 5.000%, 6/01/23 | No Opt. Call | A | 1,477,039 | ||
8,795 | 5.000%, 6/01/24 | No Opt. Call | A | 9,823,839 | ||
5,980 | 5.000%, 6/01/25 | No Opt. Call | A | 6,918,800 | ||
10,025 | 5.000%, 6/01/26 | No Opt. Call | A | 11,961,629 | ||
6,135 | 5.000%, 6/01/29 | 6/28 at 100.00 | A | 7,658,075 | ||
3,900 | 5.000%, 6/01/31 | 6/28 at 100.00 | A | 4,813,497 | ||
2,005 | 4.000%, 6/01/37 | 6/28 at 100.00 | A- | 2,308,316 | ||
4,930 | Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B, 3.200%, 6/01/27 | No Opt. Call | BBB+ | 5,020,663 | ||
6,795 | Toms River Board of Education, Ocean County, New Jersey, General Obligation Bonds, Regional Schools Series 2019, 2.250%, 7/15/28 | 7/26 at 100.00 | AA- | 7,106,619 | ||
26,062 | Toms River, Ocean County, New Jersey, General Obligation Bonds, BAN Series 2021, 1.000%, 6/15/22 | No Opt. Call | N/R | 26,226,191 | ||
Union County, New Jersey, General Obligation Bonds, Refunding Series 2017: | ||||||
6,695 | 3.000%, 3/01/28 | 9/25 at 100.00 | Aaa | 7,243,722 | ||
6,105 | 3.000%, 3/01/29 | 9/25 at 100.00 | Aaa | 6,576,489 | ||
513,231 | Total New Jersey | 550,178,043 | ||||
New Mexico – 0.4% | ||||||
5,250 | Farmington, New Mexico, Pollution Control Revenue Bonds, Public Service Company of New Mexico San Juan Project, Refunding Series 2010A, 0.875%, 6/01/40 (Mandatory Put 10/01/26) (WI/DD, Settling 10/01/21) | No Opt. Call | BBB | 5,204,167 | ||
4,000 | Farmington, New Mexico, Pollution Control Revenue Bonds, Public Service Company of New Mexico San Juan Project, Refunding Series 2010B, 2.125%, 6/01/40 (Mandatory Put 6/01/22) | No Opt. Call | BBB | 4,046,040 | ||
2,150 | New Mexico Mortgage Finance Authority, Single Family Mortgage Program Bonds, Class 1 Series 2019D, 2.800%, 7/01/34 | 1/29 at 100.00 | Aaa | 2,267,455 | ||
2,000 | New Mexico Mortgage Finance Authority, Single Family Mortgage Program Bonds, Class 1 Series 2021A, 1.950%, 7/01/36 | 7/30 at 100.00 | Aaa | 1,947,580 | ||
1,000 | New Mexico Mortgage Finance Authority, Single Family Mortgage Program Bonds, Class 1 Series 2021C, 1.875%, 7/01/36 | 7/30 at 100.00 | Aaa | 973,030 | ||
6,255 | New Mexico Municipal Energy Acquisition Authority, Gas Supply Revenue Bonds, Refunding & Aquisition Sub-Series 2019A, 5.000%, 11/01/39 (Mandatory Put 5/01/25) | 2/25 at 100.73 | Aa2 | 7,192,124 | ||
San Juan County, New Mexico, Gross Receipts Tax Revenue Bonds, Refunding Series 2015A: | ||||||
1,510 | 5.000%, 6/15/22 | No Opt. Call | A+ | 1,559,664 | ||
1,565 | 5.000%, 6/15/23 | No Opt. Call | A+ | 1,685,802 | ||
1,625 | 5.000%, 6/15/24 | No Opt. Call | A+ | 1,820,439 | ||
1,690 | 5.000%, 6/15/25 | No Opt. Call | A+ | 1,958,997 | ||
1,760 | 5.000%, 6/15/26 | 6/25 at 100.00 | A+ | 2,032,448 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Mexico (continued) | ||||||
$ 750 | Santa Fe, New Mexico, Retirement Facilities Revenue Bonds, EL Castillo Retirement Residences Project, Series 2019B-2, 2.250%, 5/15/24 | 11/21 at 100.00 | BB+ | $750,863 | ||
1,000 | Santa Fe, New Mexico, Retirement Facilities Revenue Bonds, EL Castillo Retirement Residences Project, TEMPS 85 Series 2019B-1, 2.625%, 5/15/25 | 11/21 at 100.00 | BB+ | 1,001,510 | ||
30,555 | Total New Mexico | 32,440,119 | ||||
New York – 9.0% | ||||||
27,235 | Binghamton, New York, General Obligation Bonds, Anticipation Notes, Various Improvements Series 2021, 1.000%, 4/15/22 | No Opt. Call | N/R | 27,350,999 | ||
31,365 | Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General Purpose, Series 2021B, 5.000%, 3/15/27 | No Opt. Call | AA+ | 38,618,784 | ||
1,305 | Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan-Kettering Cancer Center, Series 2012-1, 5.000%, 7/01/23 (Pre-refunded 1/01/22) | 1/22 at 100.00 | AA (4) | 1,320,477 | ||
1,725 | Dormitory Authority of the State of New York, Revenue Bonds, Montefiore Obligated Group, Series 2020A, 5.000%, 9/01/27 | No Opt. Call | BBB- | 2,102,189 | ||
500 | Dormitory Authority of the State of New York, Revenue Bonds, Northwell Healthcare Inc, Series 2019B-3, 5.000%, 5/01/48 (Mandatory Put 5/01/26) | 11/25 at 100.00 | A- | 585,290 | ||
500 | Dormitory Authority of the State of New York, Revenue Bonds, NYU Hospitals Center, Series 2014, 5.000%, 7/01/23 | No Opt. Call | A | 540,495 | ||
Dormitory Authority of the State of New York, Revenue Bonds, Orange Regional Medical Center Obligated Group, Series 2017: | ||||||
1,200 | 4.000%, 12/01/21, 144A | No Opt. Call | BBB- | 1,206,852 | ||
1,000 | 5.000%, 12/01/22, 144A | No Opt. Call | BBB- | 1,052,800 | ||
2,000 | 5.000%, 12/01/23, 144A | No Opt. Call | BBB- | 2,193,500 | ||
Dormitory Authority of the State of New York, Revenue Bonds, Rochester Institute of Technology, Series 2020A Forward Delivery: | ||||||
1,780 | 5.000%, 7/01/22 | No Opt. Call | A1 | 1,844,151 | ||
1,000 | 5.000%, 7/01/24 | No Opt. Call | A1 | 1,125,930 | ||
1,000 | 5.000%, 7/01/25 | No Opt. Call | A1 | 1,166,060 | ||
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General Purpose Series 2012A: | ||||||
5 | 5.000%, 12/15/21 (ETM) | No Opt. Call | N/R (4) | 5,048 | ||
13,315 | 5.000%, 12/15/21 | No Opt. Call | AA+ | 13,443,756 | ||
8,455 | Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General Purpose, Series 2019D, 5.000%, 2/15/27 | No Opt. Call | AA+ | 10,386,883 | ||
18,000 | Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General Purpose, Series 2020A Bidding Group 1 thru 5, 5.000%, 3/15/25 (ETM) | No Opt. Call | AA+ (4) | 20,851,920 | ||
3,135 | Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General Purpose, Series 2021A, 5.000%, 3/15/26 | No Opt. Call | AA+ | 3,751,780 | ||
10,000 | Evans-Brant Central School District, Erie County, New York, General Oligation Bonds, Series 2021C, 1.500%, 6/24/22 | No Opt. Call | N/R | 10,101,000 | ||
24,337 | Guilderland Central School District, Albany County, New York, General Obligation Bonds, Series 2021, 1.250%, 7/29/22 | No Opt. Call | N/R | 24,555,239 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
Islip, Suffolk County, New York, General Obligation Bonds, Refunding Series 2021C: | ||||||
$ 1,120 | 4.000%, 10/15/22 | No Opt. Call | Aaa | $1,164,509 | ||
1,165 | 4.000%, 10/15/23 | No Opt. Call | Aaa | 1,255,229 | ||
1,210 | 4.000%, 10/15/24 | No Opt. Call | Aaa | 1,346,270 | ||
1,255 | 4.000%, 10/15/25 | No Opt. Call | Aaa | 1,434,565 | ||
17,107 | Lake Placid Central School District, Essex County, New York, General Obligation Bonds, Anticipation Notes Series 2021, 1.500%, 6/24/22 | No Opt. Call | N/R | 17,267,957 | ||
11,865 | Long Island Power Authority, New York, Electric System General Revenue Bonds, Notes Series 2021, 1.000%, 9/01/25 | 9/23 at 100.00 | A | 11,968,819 | ||
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2000A: | ||||||
700 | 0.000%, 6/01/22 – AGM Insured | No Opt. Call | AA | 697,732 | ||
1,350 | 0.000%, 6/01/23 – AGM Insured | No Opt. Call | AA | 1,336,919 | ||
1,045 | Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2020A, 5.000%, 9/01/25 | No Opt. Call | A | 1,229,965 | ||
14,035 | Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Bond Anticipation Series 2019A, 5.000%, 3/01/22 | No Opt. Call | N/R | 14,308,542 | ||
5,000 | Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Climate Bond Certified, Refunding Green Series 2016B-2, 5.000%, 11/15/32 | 11/26 at 100.00 | AA | 5,980,700 | ||
14,890 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Bond Anticipation Note Series 2019B-1, 5.000%, 5/15/22 | No Opt. Call | N/R | 15,318,385 | ||
29,945 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Bond Anticipation Note Series 2019D-1, 5.000%, 9/01/22 | No Opt. Call | N/R | 31,213,171 | ||
4,935 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Bond Anticipation Note Series 2019F, 5.000%, 11/15/22 | No Opt. Call | N/R | 5,190,682 | ||
43,485 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Bond Anticipation Note Series 2020A-2S, 4.000%, 2/01/22 | No Opt. Call | N/R | 44,008,125 | ||
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding Green Climate Certified Series 2020E: | ||||||
1,500 | 5.000%, 11/15/30 | No Opt. Call | A3 | 1,917,285 | ||
2,250 | 5.000%, 11/15/32 | 11/30 at 100.00 | A3 | 2,836,958 | ||
7,725 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding Series 2012F, 5.000%, 11/15/30 | 11/22 at 100.00 | A3 | 8,097,422 | ||
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2012D: | ||||||
1,000 | 5.000%, 11/15/26 | 11/22 at 100.00 | A3 | 1,050,060 | ||
2,180 | 5.000%, 11/15/29 | 11/22 at 100.00 | A3 | 2,285,338 | ||
6,785 | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Variable Rate Demand Obligations, Series 2005D-1, 0.364%, 11/01/35 (Mandatory Put 4/01/24) (SOFR*0.67% reference rate + 0.330% spread) (5) | 1/24 at 100.00 | A3 | 6,760,438 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
Nassau County Local Economic Assistance Corporation, New York, Revenue Bonds, Catholic Health Services of Long Island Obligated Group Project, Series 2014B: | ||||||
$ 2,010 | 5.000%, 7/01/23 | No Opt. Call | A- | $2,172,790 | ||
1,075 | 5.000%, 7/01/24 | No Opt. Call | A- | 1,204,409 | ||
650 | 5.000%, 7/01/25 | 7/24 at 100.00 | A- | 729,573 | ||
1,000 | 5.000%, 7/01/26 | 7/24 at 100.00 | A- | 1,119,800 | ||
1,500 | 5.000%, 7/01/27 | 7/24 at 100.00 | A- | 1,678,380 | ||
19,330 | Nassau County, New York, General Obligation Bonds, Revenue Anticipation Note Series 2021B, 2.000%, 1/07/22 | No Opt. Call | N/R | 19,426,457 | ||
34,215 | Nassau County, New York, General Obligation Bonds, Tax Anticipation Notes Series 2021B, 2.000%, 12/10/21 | No Opt. Call | N/R | 34,338,858 | ||
5,530 | New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, Sustainable Neighborhood Green Series 2020D-1B, 2.000%, 11/01/35 | 5/28 at 100.00 | AA+ | 5,414,036 | ||
2,040 | New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, Sustainable Neighborhood Green Series 2020D-2, 0.700%, 5/01/60 (Mandatory Put 11/01/24) | 11/22 at 100.00 | AA+ | 2,045,610 | ||
34,540 | New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, Sustainable Neighborhood Series 2018C-2A, 2.350%, 7/01/22 | 10/21 at 100.00 | AA+ | 34,686,795 | ||
13,000 | New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, Sustainable Neighborhood Series 2018L-2, 2.750%, 5/01/50 (Mandatory Put 12/29/23) | 12/22 at 100.00 | AA+ | 13,365,690 | ||
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, Sustainable Neighborhood Series 2019A-3A: | ||||||
3,730 | 3.450%, 11/01/34 | 2/27 at 100.00 | AA+ | 4,021,574 | ||
2,785 | 1.125%, 5/01/60 (Mandatory Put 11/01/24) | 5/22 at 100.00 | AA+ | 2,795,889 | ||
5,510 | New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, Sustainable Neighborhood Series 2019G-1B, 2.550%, 11/01/34 | 5/27 at 100.00 | AA+ | 5,639,981 | ||
1,180 | New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, The Churchill School and Center for Learning Disabilities Inc, Short Term Auction Rate Series 1999, 2.250%, 10/01/29 – AGM Insured | No Opt. Call | AA | 1,194,998 | ||
New York City Industrial Development Agency, New York, PILOT Payment in Lieu of Taxes Revenue Bonds, Queens Baseball Stadium Project, Refunding Series 2021A: | ||||||
1,000 | 5.000%, 1/01/24 – AGM Insured | No Opt. Call | AA | 1,103,850 | ||
1,000 | 5.000%, 1/01/25 – AGM Insured | No Opt. Call | AA | 1,145,630 | ||
1,000 | 5.000%, 1/01/26 – AGM Insured | No Opt. Call | AA | 1,180,510 | ||
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2021 Subseries A: | ||||||
25,015 | 5.000%, 11/01/23 | No Opt. Call | AAA | 27,493,986 | ||
5,870 | 5.000%, 11/01/24 | No Opt. Call | AAA | 6,711,347 | ||
8,000 | 5.000%, 11/01/26 | No Opt. Call | AAA | 9,746,880 | ||
13,340 | 5.000%, 11/01/27 | No Opt. Call | AAA | 16,654,056 | ||
6,820 | New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2022 Subseries A-1, 5.000%, 11/01/25 | No Opt. Call | AAA | 8,064,786 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
$ 13,545 | New York City, New York, General Obligation Bonds, Fiscal 2008 Series J-4, 5.000%, 8/01/24 | No Opt. Call | Aa2 | $15,336,191 | ||
New York City, New York, General Obligation Bonds, Fiscal 2021 Series A-1: | ||||||
5,000 | 5.000%, 8/01/24 | No Opt. Call | AA | 5,661,200 | ||
1,080 | 5.000%, 8/01/25 | No Opt. Call | AA | 1,266,332 | ||
10,055 | 5.000%, 8/01/26 | No Opt. Call | AA | 12,152,071 | ||
12,635 | 5.000%, 8/01/27 | No Opt. Call | AA | 15,650,595 | ||
5,000 | New York State Energy Research and Development Authority, Pollution Control Revenue Bonds, Rochester Gas and Electric Corporation, Series 2004A, 2.875%, 5/15/32 (Mandatory Put 7/01/25) | No Opt. Call | A | 5,362,400 | ||
45,000 | New York State Energy Research and Development Authority, Pollution Control Revenue Bonds, Rochester Gas and Electric Corporation, Series 2004B, 3.000%, 5/15/32 (Mandatory Put 7/01/25) (AMT) | No Opt. Call | A | 48,467,700 | ||
New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Climate Bond Certified/Green Bond Series 2018I: | ||||||
3,550 | 2.550%, 11/01/22 | 9/20 at 100.00 | Aa2 | 3,635,590 | ||
5,250 | 2.650%, 5/01/23 | 4/21 at 100.00 | Aa2 | 5,439,945 | ||
3,000 | 2.700%, 11/01/23 | 8/22 at 100.00 | Aa2 | 3,142,380 | ||
6,480 | New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Climate Bond Certified/Sustainability Green Series 2020J, 0.750%, 5/01/25 | 7/22 at 100.00 | Aa2 | 6,494,904 | ||
15,215 | New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Climate Bond Certified/Sustainability Green Series 2020L-2, 0.750%, 11/01/25 | 1/22 at 100.00 | Aa2 | 15,225,803 | ||
8,065 | New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Refunding Series 2019C, 3.500%, 11/01/34 | 5/28 at 100.00 | Aa2 | 8,765,687 | ||
5,000 | New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Refunding Series 2020H, 2.100%, 11/01/35 | 5/29 at 100.00 | Aa2 | 4,985,600 | ||
1,250 | New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Series 2018J, 2.500%, 5/01/22 | 10/21 at 100.00 | Aa2 | 1,251,338 | ||
New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Series 2019E: | ||||||
1,805 | 1.950%, 5/01/22 | 10/21 at 100.00 | Aa2 | 1,806,462 | ||
2,250 | 2.100%, 5/01/23 | 10/21 at 100.00 | Aa2 | 2,251,935 | ||
9,485 | New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 223, 2.650%, 10/01/34 | 10/28 at 100.00 | Aa1 | 9,887,164 | ||
2,400 | New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 225, 2.000%, 10/01/35 | 10/29 at 100.00 | Aa1 | 2,330,976 | ||
3,460 | New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 227, 2.100%, 10/01/35 | 10/29 at 100.00 | Aa1 | 3,401,872 | ||
New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 231: | ||||||
3,425 | 2.000%, 10/01/33 | 4/30 at 100.00 | Aa1 | 3,366,638 | ||
9,990 | 2.200%, 10/01/36 | 4/30 at 100.00 | Aa1 | 9,890,899 | ||
3,015 | New York Transportation Development Corporation, Special Facility Revenue Bonds, Delta Air Lines, Inc - LaGuardia Airport Terminals C&D Redevelopment Project, Series 2020, 4.000%, 10/01/30 (AMT) | No Opt. Call | Baa3 | 3,527,912 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred Twenty-Six Series 2021: | ||||||
$ 3,250 | 5.000%, 10/15/22 (AMT) | No Opt. Call | Aa3 | $3,409,477 | ||
3,200 | 5.000%, 10/15/23 (AMT) | No Opt. Call | Aa3 | 3,499,648 | ||
4,250 | 5.000%, 10/15/24 (AMT) | No Opt. Call | Aa3 | 4,826,385 | ||
Suffolk County Economic Development Corporation, New York, Revenue Bonds, Catholic Health Services of Long Island Obligated Group Project, Series 2014: | ||||||
500 | 5.000%, 7/01/25 | 7/24 at 100.00 | A- | 561,210 | ||
500 | 5.000%, 7/01/27 | 7/24 at 100.00 | A- | 559,460 | ||
Suffolk Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed Bonds, Senior Series 2021A-2: | ||||||
1,170 | 5.000%, 6/01/24 | No Opt. Call | N/R | 1,314,483 | ||
2,370 | 5.000%, 6/01/25 | No Opt. Call | N/R | 2,757,993 | ||
2,220 | 5.000%, 6/01/26 | No Opt. Call | N/R | 2,663,512 | ||
2,230 | 5.000%, 6/01/27 | No Opt. Call | A | 2,748,497 | ||
1,500 | Suffolk Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed Bonds, Subordinate Series 2021B-1, 0.450%, 6/01/31 | No Opt. Call | A | 1,485,900 | ||
2,500 | Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Variable Rate Demand Obligation Series 2005B-3 & 2005B-4, 0.414%, 1/01/32 (Mandatory Put 2/01/24) (SOFR *0.67% reference rate + 0.380% spread) (5) | 11/23 at 100.00 | AA- | 2,501,700 | ||
1,200 | Troy Capital Resource Corporation, New York, Revenue Bonds, Rensselaer Polytechnic Institute, Refunding Series 2020A Forward Delivery, 5.000%, 9/01/22 | No Opt. Call | A3 | 1,252,428 | ||
TSASC Inc, New York, Tobacco Settlement Asset-Backed Bonds, Fiscal 2017 Series A: | ||||||
2,600 | 5.000%, 6/01/22 | No Opt. Call | A | 2,677,922 | ||
3,335 | 5.000%, 6/01/23 | No Opt. Call | A | 3,583,091 | ||
1,900 | 5.000%, 6/01/26 | No Opt. Call | A | 2,258,891 | ||
16,787 | Victor Central School District, Ontario, Monroe & Wayne Counties, New York, General Obligation Bonds, Anticipation Notes, Series 2021A, 1.500%, 7/29/22 | No Opt. Call | N/R | 16,971,081 | ||
Yonkers, New York, General Obligation Bonds, Series 2012C: | ||||||
2,440 | 3.000%, 8/15/22 | No Opt. Call | A | 2,497,389 | ||
2,510 | 3.000%, 8/15/23 | No Opt. Call | A | 2,628,773 | ||
738,961 | Total New York | 788,307,543 | ||||
North Carolina – 1.4% | ||||||
7,525 | Alamance County, North Carolina, General Obligation Bonds, Public Improvement Series 2021, 5.000%, 5/01/24 | No Opt. Call | AA | 8,438,987 | ||
1,605 | Columbus County Industrial Facilities and Pollution Control Financing Authority, North Carolina, Recovery Zone Facility Bonds, International Paper Company Project, Refunding Series 2020A, 1.375%, 5/01/34 (Mandatory Put 6/16/25) | No Opt. Call | BBB | 1,648,158 | ||
Durham, North Carolina, Utility System Revenue Bonds, Refunding Series 2021: | ||||||
2,870 | 3.000%, 8/01/22 | No Opt. Call | AAA | 2,937,158 | ||
3,935 | 4.000%, 8/01/23 | No Opt. Call | AAA | 4,206,043 | ||
10,800 | Mecklenburg County, North Carolina, General Obligation Bonds, School Series 2021, 5.000%, 3/01/27 | No Opt. Call | AAA | 13,312,512 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
North Carolina (continued) | ||||||
$ 1,010 | North Carolina Housing Finance Agency, Home Ownership Revenue Bonds, 1998 Trust Agreement, Series 2019-42, 2.450%, 7/01/34 | 7/28 at 100.00 | AA+ | $1,045,885 | ||
3,475 | North Carolina Housing Finance Agency, Home Ownership Revenue Bonds, 1998 Trust Agreement, Series 2020-43, 2.625%, 1/01/35 | 1/29 at 100.00 | AA+ | 3,631,896 | ||
5,000 | North Carolina Housing Finance Agency, Home Ownership Revenue Bonds, 1998 Trust Agreement, Series 2021-47, 2.000%, 7/01/36 | 7/30 at 100.00 | AA+ | 4,881,750 | ||
North Carolina Municipal Power Agency 1, Catawba Electric Revenue Bonds, Refunding Series 2015A: | ||||||
3,070 | 5.000%, 1/01/26 | No Opt. Call | A | 3,621,341 | ||
2,890 | 5.000%, 1/01/27 | 1/26 at 100.00 | A | 3,387,831 | ||
36,670 | North Carolina State, Limited Obligation Bonds, Series 2020B, 5.000%, 5/01/24 | No Opt. Call | AA+ | 41,144,107 | ||
16,670 | North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Bond Anticipation Bond Senior Lien Series 2020, 5.000%, 2/01/24 | No Opt. Call | BBB | 18,380,342 | ||
13,655 | Wake County, North Carolina, General Obligation Bonds, Refunding Series 2016A, 5.000%, 3/01/23 | No Opt. Call | AAA | 14,586,954 | ||
109,175 | Total North Carolina | 121,222,964 | ||||
North Dakota – 0.7% | ||||||
2,445 | Bismarck, Burleigh County, North Dakota, General Obligation Bonds, Refunding & Improvement Series 2020P, 4.000%, 5/01/24 | No Opt. Call | Aa1 | 2,675,955 | ||
8,385 | Cass County Joint Water Reserve District, North Dakota, Temporary Improvement Special Assessment Bonds, Refunding Series 2021A, 0.480%, 5/01/24 | 11/22 at 100.00 | Aa3 | 8,397,158 | ||
1,600 | City of Horace ND, 0.600%, 10/01/23 (WI/DD, Settling 10/14/21) | 10/22 at 100.00 | Baa2 | 1,600,101 | ||
Fargo, North Dakota, General Obligation Bonds, Refunding Improvement Series 2021A: | ||||||
1,085 | 5.000%, 5/01/23 | No Opt. Call | Aa2 | 1,166,418 | ||
1,140 | 5.000%, 5/01/24 | No Opt. Call | Aa2 | 1,278,772 | ||
1,200 | 5.000%, 5/01/25 | No Opt. Call | Aa2 | 1,396,764 | ||
Grand Forks, North Dakota, Health Care System Revenue Bonds, Altru Health System Obligated Group, Series 2012: | ||||||
1,000 | 4.500%, 12/01/32 | 12/21 at 100.00 | Baa2 | 1,006,800 | ||
5,000 | 5.000%, 12/01/32 | 12/21 at 100.00 | Baa2 | 5,037,950 | ||
Grand Forks, North Dakota, Health Care System Revenue Bonds, Altru Health System Obligated Group, Series 2017A: | ||||||
820 | 5.000%, 12/01/22 | No Opt. Call | Baa2 | 864,280 | ||
920 | 5.000%, 12/01/23 | No Opt. Call | Baa2 | 1,011,310 | ||
1,655 | 5.000%, 12/01/25 | No Opt. Call | Baa2 | 1,940,636 | ||
2,380 | 5.000%, 12/01/26 | No Opt. Call | Baa2 | 2,863,545 | ||
Grand Forks, North Dakota, Health Care System Revenue Bonds, Altru Health System Obligated Group, Series 2021: | ||||||
1,250 | 5.000%, 12/01/27 | No Opt. Call | Baa2 | 1,534,300 | ||
2,000 | 5.000%, 12/01/28 | No Opt. Call | Baa2 | 2,496,060 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
North Dakota (continued) | ||||||
Horace, Cass County, North Dakota, General Obligation Bonds, Refunding Improvement Series 2021: | ||||||
$ 200 | 3.000%, 5/01/23 | No Opt. Call | Baa2 | $207,594 | ||
200 | 3.000%, 5/01/25 | No Opt. Call | Baa2 | 214,976 | ||
225 | 4.000%, 5/01/27 | No Opt. Call | Baa2 | 257,920 | ||
500 | 3.000%, 5/01/28 | 5/27 at 100.00 | Baa2 | 541,830 | ||
400 | 3.000%, 5/01/29 | 5/27 at 100.00 | Baa2 | 429,100 | ||
430 | 3.000%, 5/01/30 | 5/27 at 100.00 | Baa2 | 458,939 | ||
205 | 3.000%, 5/01/32 | 5/27 at 100.00 | Baa2 | 215,996 | ||
North Dakota Housing Finance Agency, Home Mortgage Finance Program Bonds, Series 2019C: | ||||||
3,640 | 2.800%, 7/01/32 | 7/28 at 100.00 | Aa1 | 3,878,202 | ||
1,435 | 3.000%, 7/01/34 | 7/28 at 100.00 | Aa1 | 1,523,568 | ||
2,500 | North Dakota Housing Finance Agency, Home Mortgage Finance Program Bonds, Series 2020A, 2.700%, 7/01/35 | 7/29 at 100.00 | Aa1 | 2,603,950 | ||
3,250 | North Dakota Housing Finance Agency, Home Mortgage Finance Program Bonds, Series 2020B, 2.100%, 7/01/35 | 1/30 at 100.00 | Aa1 | 3,273,367 | ||
3,600 | North Dakota Housing Finance Agency, Home Mortgage Finance Program Bonds, Series 2021A, 2.050%, 7/01/36 | 7/30 at 100.00 | Aa1 | 3,559,860 | ||
650 | University of North Dakota, Certificates of Participation, Housing Infrastructure Project, Series 2021A, 5.000%, 6/01/24 – AGM Insured | No Opt. Call | AA | 729,879 | ||
Williston, North Dakota, County-Wide Public Safety Sales Tax Revenue Bonds, Series 2015A: | ||||||
2,275 | 4.000%, 7/15/22 | No Opt. Call | BBB+ | 2,326,301 | ||
2,365 | 5.000%, 7/15/23 | 7/22 at 100.00 | BBB+ | 2,446,758 | ||
2,485 | 5.000%, 7/15/24 | 7/22 at 100.00 | BBB+ | 2,569,341 | ||
5,485 | 5.000%, 7/15/25 | 7/22 at 100.00 | BBB+ | 5,666,060 | ||
60,725 | Total North Dakota | 64,173,690 | ||||
Ohio – 3.6% | ||||||
Akron, Bath and Copley Joint Township Hospital District, Ohio, Hospital Revenue Bonds, Children's Hospital Medical Center, Improvement & Refunding Series 2012: | ||||||
2,000 | 5.000%, 11/15/21 | No Opt. Call | AA- | 2,010,880 | ||
2,655 | 5.000%, 11/15/22 | 5/22 at 100.00 | AA- | 2,732,234 | ||
20,035 | Allen County, Ohio, Hospital Facilities Revenue Bonds, Mercy Health, Series 2017B, 5.000%, 8/01/47 (Mandatory Put 5/05/22) | No Opt. Call | AA- | 20,575,144 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Ohio (continued) | ||||||
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1: | ||||||
$ 5,305 | 5.000%, 6/01/27 | No Opt. Call | A | $6,443,347 | ||
11,455 | 5.000%, 6/01/28 | No Opt. Call | A | 14,215,770 | ||
15,870 | 5.000%, 6/01/29 | No Opt. Call | A | 20,083,961 | ||
7,680 | 5.000%, 6/01/30 | No Opt. Call | A | 9,883,546 | ||
6,205 | 5.000%, 6/01/31 | 6/30 at 100.00 | A | 7,938,863 | ||
6,740 | 5.000%, 6/01/32 | 6/30 at 100.00 | A- | 8,585,816 | ||
3,240 | 5.000%, 6/01/33 | 6/30 at 100.00 | A- | 4,112,305 | ||
6,265 | 5.000%, 6/01/34 | 6/30 at 100.00 | A- | 7,917,080 | ||
13,740 | 5.000%, 6/01/35 | 6/30 at 100.00 | A- | 17,312,812 | ||
2,745 | 5.000%, 6/01/36 | 6/30 at 100.00 | A- | 3,451,261 | ||
2,000 | 4.000%, 6/01/37 | 6/30 at 100.00 | A- | 2,325,140 | ||
1,000 | 4.000%, 6/01/38 | 6/30 at 100.00 | A- | 1,159,110 | ||
1,015 | 4.000%, 6/01/39 | 6/30 at 100.00 | A- | 1,173,005 | ||
Chillicothe, Ohio, Hospital Facilities Revenue Bonds, Adena Health System Obligated Group Project, Refunding & Improvement Series 2017: | ||||||
1,000 | 5.000%, 12/01/21 | No Opt. Call | A- | 1,007,410 | ||
1,000 | 5.000%, 12/01/22 | No Opt. Call | A- | 1,053,640 | ||
1,225 | 5.000%, 12/01/24 | No Opt. Call | A- | 1,389,028 | ||
1,000 | 5.000%, 12/01/25 | No Opt. Call | A- | 1,168,120 | ||
1,005 | Cleveland, Ohio, Water Revenue Bonds, Series 2020FF, 5.000%, 1/01/28 | No Opt. Call | AA+ | 1,258,541 | ||
5,290 | Columbus, Ohio, General Obligation Bonds, Various Purpose Series 2018A, 5.000%, 4/01/30 | 10/28 at 100.00 | AAA | 6,727,981 | ||
Cuyahoga Falls City School District, Summit County, Ohio, General Obligation Bonds, School Improvement Series 2021: | ||||||
1,000 | 3.000%, 12/01/22 – BAM Insured | No Opt. Call | AA | 1,032,790 | ||
875 | 3.000%, 12/01/23 – BAM Insured | No Opt. Call | AA | 926,800 | ||
1,975 | 3.000%, 12/01/30 – BAM Insured | No Opt. Call | AA | 1,984,026 | ||
1,000 | Franklin County Convention Facilities Authority, Ohio, Excise Tax and Lease Revenue Bonds, Columbus City & Franklin County Lessees, Refunding Anticipation Series 2014, 5.000%, 12/01/23 (ETM) | No Opt. Call | Aa1 (4) | 1,102,860 | ||
5,835 | Franklin County, Ohio, Revenue Bonds, CHE Trinity Health Credit Group, Variable Rate Demand Obligation Series 2013, 0.080%, 12/01/46 (Mandatory Put 11/01/21) | 5/20 at 100.00 | AA- | 5,834,708 | ||
Hamilton County, Ohio, Hospital Facilities Revenue Bonds, Cincinnati Children's Hospital Medical Center, Refunding Series 2014S: | ||||||
340 | 5.000%, 5/15/22 | No Opt. Call | AA | 350,091 | ||
1,065 | 5.000%, 5/15/23 | No Opt. Call | AA | 1,147,207 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Ohio (continued) | ||||||
Indian Hill Exempted Village School District, Hamilton County, Ohio, General Obligation Bonds, School Facilities Construction & Improvement Series 2021: | ||||||
$ 1,660 | 4.000%, 12/01/22 | No Opt. Call | Aaa | $1,733,638 | ||
1,725 | 4.000%, 12/01/23 | No Opt. Call | Aaa | 1,865,794 | ||
1,435 | 4.000%, 12/01/24 | No Opt. Call | Aaa | 1,601,030 | ||
1,000 | 4.000%, 12/01/25 | No Opt. Call | Aaa | 1,144,560 | ||
910 | 4.000%, 12/01/26 | No Opt. Call | Aaa | 1,064,190 | ||
1,700 | JobsOhio Beverage System, Ohio, Statewide Liquor Profits Revenue Bonds, Senior Lien Series 2013A, 5.000%, 1/01/23 | No Opt. Call | AA+ | 1,800,725 | ||
5,120 | Ohio Air Quality Development Authority, Ohio, Air Quality Development Revenue Bonds, FirstEnergy Generation Corporation Project, Series 2009A, 5.700%, 8/01/22 | No Opt. Call | N/R | 6,400 | ||
4,385 | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Corporation Project, Refunding Series 2009B, 3.100%, 3/01/23 | No Opt. Call | N/R | 5,481 | ||
35,230 | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23 (7) | No Opt. Call | N/R | 44,038 | ||
1,015 | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Corporation Project, Refunding Series 2010A, 3.125%, 7/01/33 (7) | No Opt. Call | N/R | 1,269 | ||
35 | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2005B, 3.125%, 1/01/34 (7) | No Opt. Call | N/R | 44 | ||
2,525 | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2008B, 3.625%, 10/01/33 (7) | No Opt. Call | N/R | 3,156 | ||
10,660 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2005A, 2.100%, 1/01/29 (Mandatory Put 10/01/24) (AMT) | No Opt. Call | BBB+ | 11,052,075 | ||
13,950 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2005B, 2.100%, 7/01/28 (Mandatory Put 10/01/24) (AMT) | No Opt. Call | BBB+ | 14,466,708 | ||
1,000 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2005D, 2.100%, 10/01/28 (Mandatory Put 10/01/24) (AMT) | No Opt. Call | BBB+ | 1,037,030 | ||
15,750 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2007A, 2.500%, 8/01/40 (Mandatory Put 10/01/29) (AMT) | No Opt. Call | BBB+ | 17,086,702 | ||
10,000 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2007B, 2.500%, 11/01/42 (Mandatory Put 10/01/29) (AMT) | No Opt. Call | BBB+ | 10,861,900 | ||
2,240 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2014A, 2.400%, 12/01/38 (Mandatory Put 10/01/29) | 10/24 at 100.00 | BBB+ | 2,349,715 | ||
10,860 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2014B, 2.600%, 6/01/41 (Mandatory Put 10/01/29) (AMT) | 10/24 at 100.00 | BBB+ | 11,413,317 | ||
1,000 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2014C, 2.100%, 12/01/27 (Mandatory Put 10/01/24) (AMT) | No Opt. Call | BBB+ | 1,037,080 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Ohio (continued) | ||||||
$ 6,600 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2014D, 1.900%, 5/01/26 (Mandatory Put 10/01/24) | No Opt. Call | BBB+ | $6,815,754 | ||
860 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, Pratt Paper Ohio, LLC Project, Series 2017, 3.750%, 1/15/28, 144A (AMT) | No Opt. Call | N/R | 957,507 | ||
2,015 | Ohio Housing Finance Agency, Residential Mortgage Revenue Bonds, Mortgage-Backed Securities Program, Series 2019A, 3.500%, 9/01/34 | 3/28 at 100.00 | Aaa | 2,143,134 | ||
3,550 | Ohio Housing Finance Agency, Residential Mortgage Revenue Bonds, Mortgage-Backed Securities Program, Series 2019B, 2.800%, 9/01/34 | 9/28 at 100.00 | Aaa | 3,757,426 | ||
2,095 | Ohio Housing Finance Agency, Residential Mortgage Revenue Bonds, Mortgage-Backed Securities Program, Series 2020A, 2.500%, 9/01/35 | 3/29 at 100.00 | Aaa | 2,156,761 | ||
3,995 | Ohio Housing Finance Agency, Residential Mortgage Revenue Bonds, Mortgage-Backed Securities Program, Series 2021A, 2.050%, 9/01/36 | 3/30 at 100.00 | Aaa | 3,965,237 | ||
Ohio State, Capital Facilities Lease Appropriation Bonds, Mental Health Facilities Improvement Fund Project, Series 2021A: | ||||||
2,650 | 5.000%, 2/01/24 | No Opt. Call | AA | 2,940,148 | ||
2,725 | 5.000%, 2/01/25 | No Opt. Call | AA | 3,140,535 | ||
26,000 | Ohio State, Hospital Revenue Bonds, University Hospitals Health System, Inc, Series 2018D, 5.000%, 1/15/39 (Mandatory Put 9/15/23) | No Opt. Call | A | 28,321,800 | ||
Ohio State, Major New State Infrastructure Project Revenue Bonds, Series 2021-1A: | ||||||
2,000 | 5.000%, 12/15/21 | No Opt. Call | AA | 2,019,300 | ||
2,500 | 5.000%, 12/15/22 | No Opt. Call | AA | 2,643,825 | ||
1,215 | 5.000%, 12/15/23 | No Opt. Call | AA | 1,341,895 | ||
1,840 | 5.000%, 12/15/24 | No Opt. Call | AA | 2,112,964 | ||
3,315 | Ohio Water Development Authority, Pollution Control Revenue Bonds, FirstEnergy Generating Corporation Project, Refunding Series 2006A, 3.000%, 5/15/49 (7) | No Opt. Call | N/R | 4,144 | ||
5,380 | Ohio Water Development Authority, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generating Corporation Project, Refunding Series 2005B, 4.000%, 1/01/34 (7) | No Opt. Call | N/R | 6,725 | ||
1,175 | Ohio Water Development Authority, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generating Corporation Project, Refunding Series 2008B, 3.625%, 10/01/33 | No Opt. Call | N/R | 1,469 | ||
7,135 | Ohio Water Development Authority, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generating Corporation Project, Refunding Series 2010A, 3.750%, 7/01/33 (7) | No Opt. Call | N/R | 8,919 | ||
120 | Ohio Water Development Authority, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generating Corporation Project, Refunding Series 2010C, 4.000%, 6/01/33 | No Opt. Call | N/R | 150 | ||
2,245 | Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2006B, 4.000%, 12/01/33 (7) | No Opt. Call | N/R | 2,806 | ||
Ohio Water Development Authority, Water Pollution Control Loan Fund Revenue Bonds, Series 2020B: | ||||||
1,560 | 5.000%, 6/01/25 | No Opt. Call | AAA | 1,821,550 | ||
7,410 | 5.000%, 12/01/26 | No Opt. Call | AAA | 9,066,135 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Ohio (continued) | ||||||
Olentangy Local School District, Delaware and Franklin Counties, Ohio, General Obligation Bonds, Refunding Series 2021A: | ||||||
$ 5,135 | 4.000%, 12/01/25 (WI/DD, Settling 10/13/21) | No Opt. Call | AAA | $5,868,381 | ||
4,905 | 4.000%, 12/01/26 (WI/DD, Settling 10/13/21) | No Opt. Call | AAA | 5,734,877 | ||
349,185 | Total Ohio | 318,309,770 | ||||
Oklahoma – 2.6% | ||||||
Bryan County School Finance Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Durant Public Schools Project, Refunding Series 2020: | ||||||
760 | 4.000%, 12/01/22 | No Opt. Call | A | 792,171 | ||
665 | 4.000%, 12/01/24 | No Opt. Call | A | 735,736 | ||
Bryan County School Finance Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Durant Public Schools Project, Series 2020: | ||||||
655 | 4.000%, 9/01/23 | No Opt. Call | A | 699,134 | ||
1,195 | 4.000%, 9/01/25 | No Opt. Call | A | 1,346,359 | ||
1,600 | 2.000%, 9/01/27 | No Opt. Call | A | 1,669,056 | ||
Canadian County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Mustang Public Schools Project, Refunding Series 2021: | ||||||
1,660 | 3.000%, 9/01/22 | No Opt. Call | AA- | 1,701,799 | ||
2,000 | 3.000%, 9/01/23 | No Opt. Call | AA- | 2,101,500 | ||
3,955 | Canadian County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Mustang Public Schools Project, Series 2017, 4.000%, 9/01/24 | No Opt. Call | AA- | 4,364,738 | ||
6,505 | Cleveland County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Moore Public Schools Project, Series 2016, 5.000%, 6/01/23 | No Opt. Call | A+ | 7,018,440 | ||
Cleveland County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Moore Public Schools Project, Series 2021: | ||||||
3,500 | 4.000%, 6/01/26 | No Opt. Call | Aa3 | 4,034,695 | ||
9,000 | 4.000%, 6/01/27 | No Opt. Call | Aa3 | 10,582,110 | ||
1,250 | Cleveland County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Noble Public Schools Project, Series 2017, 5.000%, 9/01/29 | 9/27 at 100.00 | A | 1,525,175 | ||
Cleveland County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Norman Public Schools Project, Series 2019: | ||||||
2,850 | 5.000%, 6/01/22 | No Opt. Call | A+ | 2,939,889 | ||
3,955 | 5.000%, 6/01/24 | No Opt. Call | A+ | 4,436,561 | ||
3,245 | 5.000%, 6/01/25 | No Opt. Call | A+ | 3,764,622 | ||
1,000 | Comanche County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Elgin Public Schools Project, Series 2017A, 5.000%, 12/01/24 | No Opt. Call | A | 1,124,530 | ||
2,135 | Garfield County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Enid Public Schools Project, Series 2016A, 5.000%, 9/01/26 | No Opt. Call | A | 2,570,455 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Oklahoma (continued) | ||||||
Garvin County Educational Facilities Authority, Oklahoma, Lease Revenue Bonds, Wynnewood Public Schools Project, Series 2018: | ||||||
$ 385 | 5.000%, 9/01/24 | No Opt. Call | A- | $427,824 | ||
310 | 5.000%, 9/01/25 | No Opt. Call | A- | 354,228 | ||
200 | 5.000%, 9/01/26 | No Opt. Call | A- | 234,152 | ||
450 | 5.000%, 9/01/27 | No Opt. Call | A- | 537,885 | ||
510 | 5.000%, 9/01/29 | 9/28 at 100.00 | A- | 638,229 | ||
350 | 5.000%, 9/01/30 | 9/28 at 100.00 | A- | 435,981 | ||
1,100 | 5.000%, 9/01/31 | 9/28 at 100.00 | A- | 1,364,880 | ||
300 | 5.000%, 9/01/32 | 9/28 at 100.00 | A- | 371,253 | ||
Grady County School Finance Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Minco Public Schools Project, Series 2018: | ||||||
1,305 | 5.000%, 9/01/31 | 9/28 at 100.00 | A- | 1,619,244 | ||
1,000 | 5.000%, 9/01/32 | 9/28 at 100.00 | A- | 1,237,510 | ||
1,195 | 5.000%, 9/01/33 | 9/28 at 100.00 | A- | 1,473,937 | ||
Grady County School Finance Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Tuttle Public Schools Project, Series 2019: | ||||||
625 | 4.000%, 9/01/25 | No Opt. Call | A+ | 703,906 | ||
685 | 4.000%, 9/01/27 | No Opt. Call | A+ | 802,608 | ||
665 | 4.000%, 9/01/29 | No Opt. Call | A+ | 803,021 | ||
McClain County Economic Development Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Blanchard Public Schools Project, Series 2019: | ||||||
550 | 4.000%, 9/01/22 | No Opt. Call | A | 567,963 | ||
460 | 4.000%, 9/01/23 | No Opt. Call | A | 489,362 | ||
485 | 4.000%, 9/01/24 | No Opt. Call | A | 529,926 | ||
920 | 4.000%, 9/01/25 | No Opt. Call | A | 1,026,343 | ||
1,430 | 4.000%, 9/01/26 | No Opt. Call | A | 1,622,564 | ||
600 | 4.000%, 9/01/27 | No Opt. Call | A | 689,628 | ||
675 | 4.000%, 9/01/28 | No Opt. Call | A | 787,090 | ||
615 | 4.000%, 9/01/29 | No Opt. Call | A | 725,885 | ||
Okarche Economic Development Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Okarche Public Schools Project, Series 2016: | ||||||
1,100 | 5.000%, 9/01/27 | 9/26 at 100.00 | A- | 1,314,313 | ||
1,125 | 5.000%, 9/01/28 | 9/26 at 100.00 | A- | 1,340,381 | ||
Oklahoma City, Oklahoma, General Obligation Bonds, Series 2021: | ||||||
6,140 | 2.000%, 3/01/23 | No Opt. Call | AAA | 6,297,368 | ||
4,640 | 2.000%, 3/01/24 | No Opt. Call | AAA | 4,830,333 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Oklahoma (continued) | ||||||
Oklahoma County Finance Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Jones Public Schools Project, Series 2020: | ||||||
$ 590 | 4.000%, 9/01/26 | No Opt. Call | BBB+ | $667,042 | ||
1,000 | 4.000%, 9/01/27 | No Opt. Call | BBB+ | 1,147,540 | ||
1,000 | 4.000%, 9/01/28 | No Opt. Call | BBB+ | 1,162,490 | ||
1,000 | 4.000%, 9/01/29 | No Opt. Call | BBB+ | 1,175,430 | ||
1,000 | 4.000%, 9/01/30 | No Opt. Call | BBB+ | 1,186,300 | ||
1,000 | 4.000%, 9/01/31 | 9/30 at 100.00 | BBB+ | 1,195,870 | ||
1,000 | 4.000%, 9/01/32 | 9/30 at 100.00 | BBB+ | 1,176,440 | ||
Oklahoma County Finance Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Midwest City-Del City Public Schools Project, Series 2018: | ||||||
1,500 | 5.000%, 10/01/21 | No Opt. Call | A+ | 1,500,000 | ||
465 | 5.000%, 10/01/22 | No Opt. Call | A+ | 486,683 | ||
Oklahoma County Finance Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Western Heights Public Schools Project, Series 2018A: | ||||||
1,275 | 5.000%, 9/01/23 | No Opt. Call | A+ | 1,384,599 | ||
3,155 | 5.000%, 9/01/24 | No Opt. Call | A+ | 3,557,294 | ||
Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B: | ||||||
600 | 5.000%, 8/15/22 | No Opt. Call | Baa3 | 621,690 | ||
2,295 | 5.000%, 8/15/24 | No Opt. Call | Baa3 | 2,562,551 | ||
1,895 | 5.000%, 8/15/25 | No Opt. Call | Baa3 | 2,180,652 | ||
1,000 | 5.000%, 8/15/26 | No Opt. Call | Baa3 | 1,181,450 | ||
3,650 | 5.000%, 8/15/27 | No Opt. Call | Baa3 | 4,411,426 | ||
1,000 | 5.000%, 8/15/28 | No Opt. Call | Baa3 | 1,233,440 | ||
5,655 | Oklahoma Development Finance Authority, Limited Obligation Revenue Bonds, Gilcrease Expressway West Project, Series 2020, 1.625%, 7/06/23 (AMT) | 6/22 at 100.00 | Baa2 | 5,700,014 | ||
1,995 | Oklahoma Development Finance Authority, Solid Waste Disposal Revenue Bonds, Series 2004A, 2.375%, 12/01/21 | No Opt. Call | A- | 2,001,843 | ||
435 | Oklahoma Housing Finance Agency, Single Family Mortgage Revenue Bonds, Homeownership Loan Program, Series 2020A, 2.650%, 9/01/35 | 3/29 at 100.00 | Aaa | 452,283 | ||
Pittsburg County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, McAlester Public Schools Project, Series 2021: | ||||||
175 | 4.000%, 12/01/28 | No Opt. Call | A- | 204,941 | ||
250 | 4.000%, 12/01/29 | No Opt. Call | A- | 295,633 | ||
325 | 4.000%, 12/01/30 | No Opt. Call | A- | 387,449 | ||
255 | 4.000%, 12/01/31 | No Opt. Call | A- | 307,627 | ||
225 | 4.000%, 12/01/32 | 12/31 at 100.00 | A- | 270,205 | ||
Rogers County Educational Facilities Authority, Oklahoma, Lease Revenue Bonds, Verdigris Public Schools Project, Series 2018: | ||||||
1,780 | 3.000%, 9/01/22 | No Opt. Call | A+ | 1,823,824 | ||
5,255 | 4.000%, 9/01/24 | No Opt. Call | A+ | 5,764,104 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Oklahoma (continued) | ||||||
Rogers County Industrial Development Authority, Oklahoma, Capital Improvement Revenue Bonds, Refunding Series 2017: | ||||||
$ 800 | 3.000%, 4/01/22 | No Opt. Call | N/R | $809,464 | ||
825 | 3.000%, 4/01/23 | No Opt. Call | N/R | 853,099 | ||
850 | 3.000%, 4/01/24 | No Opt. Call | N/R | 894,387 | ||
725 | 4.000%, 4/01/25 | No Opt. Call | N/R | 796,942 | ||
770 | 4.000%, 4/01/26 | 4/25 at 100.00 | N/R | 839,623 | ||
715 | 4.000%, 4/01/27 | 4/25 at 100.00 | N/R | 773,523 | ||
Sand Springs Municipal Authority, Oklahoma, Utility System Revenue Bonds, Refunding Series 2020: | ||||||
400 | 3.000%, 11/01/31 | 11/28 at 100.00 | Aa3 | 439,072 | ||
500 | 3.000%, 11/01/32 | 11/28 at 100.00 | Aa3 | 546,980 | ||
530 | 3.000%, 11/01/33 | 11/28 at 100.00 | Aa3 | 577,742 | ||
645 | Stillwater Utilities Authority, Oklahoma, Utility System and Sales Tax Revenue Bonds, Series 2014A, 5.000%, 10/01/21 | No Opt. Call | AA- | 645,000 | ||
Texas County Development Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Guymon Public Schools Project, Series 2018: | ||||||
1,060 | 4.000%, 12/01/21 | No Opt. Call | A | 1,066,190 | ||
885 | 4.000%, 12/01/23 | No Opt. Call | A | 945,711 | ||
1,100 | 5.000%, 12/01/25 | No Opt. Call | A | 1,272,238 | ||
2,240 | Tulsa County Industrial Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Broken Arrow Public Schools Project, Series 2012, 4.000%, 9/01/22 | No Opt. Call | AA- | 2,317,549 | ||
Tulsa County Industrial Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Broken Arrow Public Schools Project, Series 2016: | ||||||
1,150 | 5.000%, 9/01/22 | No Opt. Call | AA- | 1,200,243 | ||
6,825 | 5.000%, 9/01/23 | No Opt. Call | AA- | 7,440,478 | ||
Tulsa County Industrial Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Broken Arrow Public Schools Project, Series 2019A: | ||||||
8,175 | 5.000%, 9/01/27 | No Opt. Call | AA- | 10,004,401 | ||
10,180 | 5.000%, 9/01/28 | No Opt. Call | AA- | 12,726,629 | ||
Tulsa County Industrial Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Glenpool Public Schools Project, Series 2017A: | ||||||
570 | 5.000%, 9/01/22 | No Opt. Call | A+ | 594,476 | ||
765 | 5.000%, 9/01/23 | No Opt. Call | A+ | 832,756 | ||
600 | 5.000%, 9/01/24 | No Opt. Call | A+ | 678,366 | ||
1,330 | 5.000%, 9/01/25 | No Opt. Call | A+ | 1,554,690 | ||
2,030 | Tulsa County Industrial Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Jenks Public Schools Project, Series 2015, 5.000%, 9/01/22 | No Opt. Call | AA- | 2,118,691 | ||
Tulsa County Industrial Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Owasso Public Schools Project, Series 2018: | ||||||
1,510 | 5.000%, 9/01/22 | No Opt. Call | A+ | 1,574,839 | ||
1,050 | 5.000%, 9/01/23 | No Opt. Call | A+ | 1,142,998 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Oklahoma (continued) | ||||||
Tulsa County Industrial Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Sand Springs Public Schools Project, Series 2019: | ||||||
$ 725 | 5.000%, 9/01/25 | No Opt. Call | A | $840,463 | ||
500 | 4.000%, 9/01/26 | No Opt. Call | A | 570,410 | ||
630 | 5.000%, 9/01/26 | No Opt. Call | A | 744,805 | ||
1,010 | 5.000%, 9/01/27 | No Opt. Call | A | 1,230,200 | ||
1,500 | Tulsa Public Facilities Authority, Oklahoma, Capital Improvement Revenue Bonds, Series 2020, 3.000%, 5/01/24 | No Opt. Call | AA- | 1,597,650 | ||
30,465 | Tulsa, Oklahoma, General Obligation Bonds, Refunding Series 2021A, 0.750%, 2/01/23 | No Opt. Call | Aa1 | 30,705,673 | ||
Wagoner County School Development Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Wagoner Public Schools Project, Series 2019: | ||||||
1,450 | 4.000%, 9/01/27 | No Opt. Call | A- | 1,647,185 | ||
300 | 4.000%, 9/01/28 | No Opt. Call | A- | 343,659 | ||
Washington County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Caney Valley Public Schools Project, Series 2021: | ||||||
325 | 3.000%, 9/01/23 | No Opt. Call | A- | 340,668 | ||
710 | 3.000%, 9/01/25 | No Opt. Call | A- | 769,179 | ||
530 | 3.000%, 9/01/27 | No Opt. Call | A- | 583,933 | ||
430 | 3.000%, 9/01/29 | No Opt. Call | A- | 478,715 | ||
750 | 3.000%, 9/01/31 | No Opt. Call | A- | 841,552 | ||
Weatherford Industrial Trust Educational, Oklahoma, Facilities Lease Revenue Bonds, Weatherford Public Schools Project, Series 2019: | ||||||
1,200 | 5.000%, 3/01/23 | No Opt. Call | A- | 1,272,408 | ||
1,300 | 5.000%, 3/01/25 | No Opt. Call | A- | 1,478,360 | ||
1,725 | 5.000%, 3/01/27 | No Opt. Call | A- | 2,064,307 | ||
203,305 | Total Oklahoma | 224,826,858 | ||||
Oregon – 1.0% | ||||||
Benton and Linn Counties District School District 509J Corvallis, Oregon, General Obligation Bonds, Series 2018A: | ||||||
1,745 | 5.000%, 6/15/22 | No Opt. Call | AA+ | 1,804,138 | ||
1,785 | 5.000%, 6/15/23 | No Opt. Call | AA+ | 1,929,460 | ||
2,315 | 5.000%, 6/15/24 | No Opt. Call | AA+ | 2,606,736 | ||
1,305 | 5.000%, 6/15/25 | No Opt. Call | AA+ | 1,523,157 | ||
1,085 | 5.000%, 6/15/26 | No Opt. Call | AA+ | 1,306,915 | ||
1,000 | 5.000%, 6/15/27 | No Opt. Call | AA+ | 1,238,440 | ||
Clackamas and Washington Counties School District 3JT, Oregon, General Obligation Bonds, Refunding Series 2015: | ||||||
11,045 | 5.000%, 6/15/25 | No Opt. Call | AA+ | 12,891,393 | ||
5,025 | 5.000%, 6/15/26 | 6/25 at 100.00 | AA+ | 5,865,029 | ||
500 | Clackamas County Hospital Facility Authority, Oregon, Revenue Bonds, Rose Villa Inc, Series 2020B-2, 2.750%, 11/15/25 | 11/21 at 100.00 | N/R | 500,855 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Oregon (continued) | ||||||
Clackamas County School District 12, North Clackamas, Oregon, General Obligation Bonds, Series 2017B: | ||||||
$ 2,340 | 5.000%, 6/15/27 | No Opt. Call | AA+ | $2,893,527 | ||
2,045 | 5.000%, 6/15/28 | 6/27 at 100.00 | AA+ | 2,535,473 | ||
Clackamas County School District 12, North Clackamas, Oregon, General Obligation Bonds, Series 2018: | ||||||
1,440 | 4.000%, 6/15/23 | No Opt. Call | Aa1 | 1,531,901 | ||
1,000 | 5.000%, 6/15/25 | No Opt. Call | Aa1 | 1,165,960 | ||
Deschutes Public Library District, Deschutes County, Oregon, General Obligation Bonds, Series 2021: | ||||||
575 | 4.000%, 6/01/23 | No Opt. Call | Aa2 | 610,972 | ||
575 | 4.000%, 6/01/24 | No Opt. Call | Aa2 | 631,270 | ||
785 | 4.000%, 6/01/25 | No Opt. Call | Aa2 | 886,587 | ||
775 | 4.000%, 6/01/26 | No Opt. Call | Aa2 | 895,326 | ||
1,720 | Multnomah County Hospital Facilities Authority, Oregon, Revenue Bonds, Adventist Health System/West, Refunding Variable Rate Series 2019, 5.000%, 3/01/40 (Mandatory Put 3/01/25) | 9/24 at 100.00 | A | 1,927,105 | ||
5,800 | Multnomah County Hospital Facilities Authority, Oregon, Revenue Bonds, Terwilliger Plaza-Parkview Project, Refunding Green Series 2021B-2, 0.950%, 6/01/27 | 12/22 at 100.00 | BB+ | 5,752,382 | ||
7,550 | Oregon Business Development Commission, Economic Development Revenue Bonds, Intel Corporation Project, 250 Series 2019, 5.000%, 3/01/49 (Mandatory Put 3/01/22) (AMT) | No Opt. Call | A+ | 7,690,430 | ||
12,000 | Oregon Health and Science University, Revenue Bonds, Series 2019B-2, 5.000%, 7/01/42 (Mandatory Put 2/01/25) | 11/24 at 100.00 | AA- | 13,648,560 | ||
7,225 | Oregon Housing and Community Services Department, Single Family Mortgage Revenue Bonds, Series 2021A, 2.050%, 7/01/36 | 7/30 at 100.00 | Aa2 | 7,108,461 | ||
11,400 | Oregon State Business Development Commission, Recovery Zone Facility Revenue Bonds, Intel Corporation Project, 232 Series 2010, 2.400%, 12/01/40 (Mandatory Put 8/14/23) | No Opt. Call | A+ | 11,809,830 | ||
81,035 | Total Oregon | 88,753,907 | ||||
Pennsylvania – 4.3% | ||||||
Allegheny County Hospital Development Authority, Pennsylvania, Revenue Bonds, Allegheny Health Network Obligated Group Issue, Series 2018A: | ||||||
1,170 | 5.000%, 4/01/22 | No Opt. Call | A | 1,197,132 | ||
1,405 | 5.000%, 4/01/23 | No Opt. Call | A | 1,502,760 | ||
2,415 | 5.000%, 4/01/24 | No Opt. Call | A | 2,690,986 | ||
2,545 | 5.000%, 4/01/25 | No Opt. Call | A | 2,938,482 | ||
2,000 | 5.000%, 4/01/26 | No Opt. Call | A | 2,380,540 | ||
4,435 | 5.000%, 4/01/27 | No Opt. Call | A | 5,420,191 | ||
2,750 | Allentown City School District, Lehigh County, Pennsylvania, General Obligation Bonds, Limited Tax Revenue Anticipation Note Series 2021, 1.000%, 3/31/22 | 12/21 at 100.00 | N/R | 2,749,890 | ||
525 | Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, City Center Project, Series 2018, 5.000%, 5/01/23, 144A | No Opt. Call | Ba3 | 557,009 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
$ 4,865 | Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2008A, 2.700%, 4/01/35 (7) | No Opt. Call | N/R | $6,081 | ||
5,055 | Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Series 2006B, 3.500%, 12/01/35 (7) | No Opt. Call | N/R | 6,319 | ||
Berks County Industrial Development Authority, Pennsylvania, Health System Revenue Bonds, Tower Health Project, Series 2017: | ||||||
2,405 | 5.000%, 11/01/25 | No Opt. Call | BB- | 2,688,718 | ||
5,110 | 5.000%, 11/01/26 | No Opt. Call | BB- | 5,800,719 | ||
3,965 | 5.000%, 11/01/27 | No Opt. Call | BB- | 4,536,753 | ||
1,925 | 5.000%, 11/01/28 | 11/27 at 100.00 | BB- | 2,200,083 | ||
1,475 | 5.000%, 11/01/29 | 11/27 at 100.00 | BB- | 1,679,376 | ||
2,240 | 4.000%, 11/01/31 | 11/27 at 100.00 | BB- | 2,381,770 | ||
2,950 | 4.000%, 11/01/32 | 11/27 at 100.00 | BB- | 3,129,419 | ||
600 | Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2020A, 5.000%, 2/01/25 | No Opt. Call | BB- | 660,450 | ||
4,205 | Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2020B-1, 5.000%, 2/01/40 (Mandatory Put 2/01/25) | 8/24 at 101.73 | BB- | 4,571,213 | ||
5,000 | Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2020B-2, 5.000%, 2/01/40 (Mandatory Put 2/01/27) | 8/26 at 101.63 | BB- | 5,639,400 | ||
2,500 | Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2020B-3, 5.000%, 2/01/40 (Mandatory Put 2/01/30) | 8/29 at 101.50 | BB- | 2,882,750 | ||
1,000 | Capital Region Water, Pennsylvania, Water Revenue Bonds, Series 2018, 5.000%, 7/15/25 | No Opt. Call | A+ | 1,160,180 | ||
2,125 | Clarion County Industrial Development Authority, Pennsylvania, Revenue Bonds, Pennsylvania-American Water Company Project, Refunding Series 2019, 2.450%, 12/01/39 (Mandatory Put 12/03/29) (AMT) | 12/29 at 100.00 | A+ | 2,260,065 | ||
Commonwealth Financing Authority, Pennslyvania, Revenue Bonds, Refunding Forward Delivery Series 2020A: | ||||||
1,500 | 5.000%, 6/01/24 | No Opt. Call | A1 | 1,686,465 | ||
2,820 | 5.000%, 6/01/25 | No Opt. Call | A1 | 3,286,061 | ||
3,000 | 5.000%, 6/01/26 | No Opt. Call | A1 | 3,594,180 | ||
Commonwealth Financing Authority, Pennsylvania, State Appropriation Lease Bonds, Master Settlement, Series 2018: | ||||||
2,230 | 5.000%, 6/01/22 | No Opt. Call | A1 | 2,299,576 | ||
2,530 | 5.000%, 6/01/23 | No Opt. Call | A1 | 2,724,861 | ||
3,205 | 5.000%, 6/01/24 | No Opt. Call | A1 | 3,589,792 | ||
5,685 | Geisinger Authority, Montour County, Pennsylvania, Health System Revenue Bonds, Geisinger Health System, Series 2020B, 5.000%, 4/01/43 (Mandatory Put 2/15/27) | 8/26 at 100.00 | AA- | 6,823,933 | ||
10,270 | Geisinger Authority, Montour County, Pennsylvania, Health System Revenue Bonds, Geisinger Health System, Series 2020C, 5.000%, 4/01/43 (Mandatory Put 4/01/30) | 10/29 at 100.00 | AA- | 13,113,044 | ||
13,475 | Lehigh County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, Pennsylvania Power and Light Company, Series 2016A, 1.800%, 9/01/29 (Mandatory Put 9/01/22) | No Opt. Call | A1 | 13,647,884 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
$ 9,025 | Lehigh County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Bonds, Pennsylvania Power and Light Company, Series 2016B, 1.800%, 2/15/27 (Mandatory Put 8/15/22) | No Opt. Call | A1 | $9,135,285 | ||
Lower Merion School District, Montgomery County, Pennsylvania, General Obligation Bonds, Series 2019: | ||||||
2,710 | 4.000%, 11/15/29 | 11/27 at 100.00 | Aaa | 3,210,510 | ||
4,480 | 4.000%, 11/15/30 | 11/27 at 100.00 | Aaa | 5,275,066 | ||
Lower Merion School District, Montgomery County, Pennsylvania, General Obligation Bonds, Series 2021: | ||||||
3,295 | 5.000%, 11/15/25 | No Opt. Call | Aaa | 3,902,697 | ||
3,525 | 5.000%, 11/15/26 | No Opt. Call | Aaa | 4,303,320 | ||
Lower Moreland Township School District, Montgomery County, Pennsylvania, General Obligation Bonds, Series 2021B: | ||||||
755 | 5.000%, 11/01/23 | No Opt. Call | AA | 829,488 | ||
1,010 | 5.000%, 11/01/24 | No Opt. Call | AA | 1,153,087 | ||
8,065 | Luzerne County Industrial Development Authority, Pennsylvania, Revenue Bonds, Pennsylvania-American Water Company Project, Refunding Series 2019, 2.450%, 12/01/39 (Mandatory Put 12/03/29) (AMT) | 12/29 at 100.00 | A+ | 8,673,585 | ||
1,000 | Manheim Township School District, Lancaster County, Pennsylvania, General Obligation Bonds, Series 2020, 4.000%, 2/01/26 | No Opt. Call | Aa2 | 1,145,060 | ||
3,450 | Montgomery County Higher Education and Health Authority, Pennsylvania, Hospital Revenue Bonds, Abington Memorial Hospital Obligated Group, Series 2012A, 5.000%, 6/01/23 (Pre-refunded 6/01/22) | 6/22 at 100.00 | N/R (4) | 3,558,399 | ||
285 | North Huntingdon Township Municipal Authority, Westmoreland County, Pennsylvania, Sewer Revenue Bonds, Series 2021, 5.000%, 4/01/22 – AGM Insured | No Opt. Call | AA | 291,680 | ||
504 | Northampton County Industrial Development Authority, Pennsylvania, Recovery Revenue Bonds, Northampton Generating Project, Senior Lien Series 2013A0 & AE2, 1.250%, 12/31/23 | 11/21 at 100.00 | N/R | 126,042 | ||
187 | Northampton County Industrial Development Authority, Pennsylvania, Recovery Revenue Bonds, Northampton Generating Project, Senior Lien Taxable Series 2013B, 1.250%, 12/31/23 (cash 5.000%, PIK 5.000%) | No Opt. Call | N/R | 46,723 | ||
5,945 | Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, Shippingport Project, First Energy Guarantor, Series 2005A, 3.750%, 12/01/40 (7) | No Opt. Call | N/R | 7,431 | ||
3,565 | Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, Shippingport Project, First Energy Guarantor, Series 2006A, 2.550%, 11/01/41 (7) | No Opt. Call | N/R | 4,456 | ||
9,020 | Pennsylvania Economic Development Financing Authority, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Project, Series 2009, 2.800%, 12/01/33 (Mandatory Put 12/01/21) | No Opt. Call | A- | 9,057,613 | ||
1,405 | Pennsylvania Economic Development Financing Authority, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Project, Series 2017A, 0.580%, 8/01/37 (Mandatory Put 8/01/24) (AMT) | No Opt. Call | A- | 1,399,506 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
$ 1,655 | Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Association of Independent Colleges and Universities of Pennsylvania Financing Program-Messiah College Project, Series 2001-14, 2.200%, 11/01/31 (Pre-refunded 11/01/21) (Mandatory Put 11/01/21) | 11/21 at 100.00 | A- (4) | $1,657,483 | ||
1,270 | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2017-122, 3.250%, 10/01/28 | 4/26 at 100.00 | AA+ | 1,361,389 | ||
5,000 | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2017-124B, 3.200%, 10/01/32 | 10/26 at 100.00 | AA+ | 5,269,900 | ||
Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2017-125A: | ||||||
3,390 | 3.000%, 4/01/27 (AMT) | No Opt. Call | AA+ | 3,677,404 | ||
3,345 | 3.050%, 10/01/27 (AMT) | 4/27 at 100.00 | AA+ | 3,615,176 | ||
8,830 | 3.400%, 10/01/32 (AMT) | 4/27 at 100.00 | AA+ | 9,442,979 | ||
1,025 | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2019-128A, 3.650%, 10/01/32 (AMT) | 10/27 at 100.00 | AA+ | 1,093,942 | ||
2,555 | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2019-129, 2.950%, 10/01/34 | 10/28 at 100.00 | AA+ | 2,690,900 | ||
7,000 | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2019-130A, 2.500%, 10/01/34 | 10/28 at 100.00 | AA+ | 7,228,550 | ||
4,850 | Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2020-132A, 2.300%, 10/01/35 | 10/29 at 100.00 | AA+ | 4,931,577 | ||
Pennsylvania State, General Obligation Bonds, First Series 2021: | ||||||
16,985 | 5.000%, 5/15/22 | No Opt. Call | Aa3 | 17,492,342 | ||
17,455 | 5.000%, 5/15/23 | No Opt. Call | Aa3 | 18,808,286 | ||
17,930 | 5.000%, 5/15/24 | No Opt. Call | Aa3 | 20,138,797 | ||
4,580 | Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Refunding Series 2019 Forward Delivery, 5.000%, 12/01/23 | No Opt. Call | A1 | 5,036,672 | ||
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Refunding Subordinate Second Series 2016B-2: | ||||||
15,210 | 5.000%, 6/01/22 | No Opt. Call | A3 | 15,691,853 | ||
23,685 | 5.000%, 6/01/23 | No Opt. Call | A3 | 25,554,457 | ||
12,500 | 5.000%, 6/01/24 | No Opt. Call | A3 | 13,990,125 | ||
8,095 | 5.000%, 6/01/24 – AGM Insured | No Opt. Call | AA | 9,096,756 | ||
5,680 | 5.000%, 6/01/25 | No Opt. Call | A3 | 6,580,564 | ||
4,265 | 5.000%, 6/01/29 | 6/26 at 100.00 | A3 | 5,050,485 | ||
Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, Saint Joseph's University Project, Refunding Series 2020C Forward Delivery: | ||||||
540 | 4.000%, 11/01/24 | No Opt. Call | A- | 595,112 | ||
1,000 | 5.000%, 11/01/25 | No Opt. Call | A- | 1,168,390 | ||
850 | 5.000%, 11/01/26 | No Opt. Call | A- | 1,020,527 | ||
1,000 | 5.000%, 11/01/27 | No Opt. Call | A- | 1,229,760 | ||
1,000 | 5.000%, 11/01/28 | No Opt. Call | A- | 1,256,750 | ||
1,000 | 5.000%, 11/01/29 | No Opt. Call | A- | 1,281,420 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
$ 3,000 | Philadelphia School District, Pennsylvania, General Obligation Bonds, Refunding Series 2020 Forward Delivery, 5.000%, 9/01/22 | No Opt. Call | A+ | $3,128,250 | ||
Pittsburgh Public Parking Authority, Pennsylvania, Parking System Revenue Bonds, Refunding Series 2015A: | ||||||
1,365 | 5.000%, 12/01/21 (ETM) | No Opt. Call | N/R (4) | 1,375,360 | ||
460 | 5.000%, 12/01/21 | No Opt. Call | A+ | 463,229 | ||
440 | 5.000%, 12/01/22 (ETM) | No Opt. Call | N/R (4) | 464,209 | ||
810 | 5.000%, 12/01/22 | No Opt. Call | A+ | 850,249 | ||
1,720 | Scranton-Lackawanna Health and Welfare Authority, Pennsylvania, University Revenue Bonds, Marywood University, Series 2016, 3.375%, 6/01/26 | No Opt. Call | BB+ | 1,766,423 | ||
2,580 | Southeastern Pennsylvania Transportation Authority, Capital Grant Receipts Bonds, Federal Transit Administration Section 5309 Fixed Guideway Modernization Formula Funds, Series 2011, 5.000%, 6/01/23 | No Opt. Call | AA- | 2,782,762 | ||
1,355 | Southeastern Pennsylvania Transportation Authority, Capital Grant Receipts Bonds, Federal Transit Administration Section 5337 State of Good Repair Formula Program Funds, Refunding Series 2017, 5.000%, 6/01/24 | No Opt. Call | AA- | 1,519,605 | ||
250 | University of Pittsburgh of the Commonwealth System of Higher Education, Pennsylvania, Pitt Asset Notes, Series 2021, 4.000%, 4/15/26 | 2/26 at 100.00 | AA+ | 286,133 | ||
Washington County Industrial Development Authority, Pennsylvania, College Revenue Bonds, AICUP Financing Program-Washington and Jefferson College Project, Series 2017-PP5: | ||||||
1,045 | 5.000%, 11/01/21 | No Opt. Call | BBB+ | 1,048,428 | ||
2,410 | 5.000%, 11/01/22 | No Opt. Call | BBB+ | 2,522,065 | ||
2,530 | 5.000%, 11/01/23 | No Opt. Call | BBB+ | 2,739,965 | ||
2,665 | 5.000%, 11/01/24 | No Opt. Call | BBB+ | 2,978,164 | ||
2,550 | 5.000%, 11/01/25 | No Opt. Call | BBB+ | 2,922,989 | ||
3,295 | West Shore Area Authority, Cumberland County, Pennsylvania, Hospital Revenue Bonds, Holy Spirit Hospital of the Sisters of Christian Charity, Series 2011B, 5.625%, 1/01/32 (Pre-refunded 1/01/22) | 1/22 at 100.00 | A1 (4) | 3,338,560 | ||
600 | Westmoreland County Industrial Development Authority, Pennsylvania, Revenue Bonds, Excela Health Project, Series 2020A, 4.000%, 7/01/22 | No Opt. Call | Baa1 | 615,858 | ||
1,170 | Williamsport Sanitary Authority, Lycoming County, Pennsylvania, Sewer Revenue Bonds, Series 2021, 5.000%, 1/01/22 – BAM Insured | No Opt. Call | AA | 1,183,677 | ||
364,546 | Total Pennsylvania | 376,873,552 | ||||
Puerto Rico – 2.1% | ||||||
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Forward Delivery Series 2022A: | ||||||
24,995 | 5.000%, 7/01/22, 144A (WI/DD, Settling 6/15/22) | No Opt. Call | N/R | 25,034,492 | ||
3,430 | 5.000%, 7/01/24, 144A (WI/DD, Settling 6/15/22) | No Opt. Call | N/R | 3,671,198 | ||
4,600 | 5.000%, 7/01/25, 144A (WI/DD, Settling 6/15/22) | No Opt. Call | N/R | 5,061,426 | ||
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Series 2021A: | ||||||
325 | 5.000%, 7/01/22, 144A | No Opt. Call | N/R | 335,416 | ||
325 | 5.000%, 7/01/25, 144A | No Opt. Call | N/R | 373,038 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Puerto Rico (continued) | ||||||
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Series 2021B: | ||||||
$ 7,670 | 5.000%, 7/01/24, 144A | No Opt. Call | N/R | $8,540,545 | ||
4,230 | 5.000%, 7/01/25, 144A | No Opt. Call | N/R | 4,855,236 | ||
935 | 5.000%, 7/01/29, 144A | No Opt. Call | N/R | 1,169,909 | ||
4,590 | Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2008A, 6.125%, 7/01/24 | No Opt. Call | CCC | 5,018,798 | ||
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2012A: | ||||||
170 | 4.250%, 7/01/25 | 7/22 at 100.00 | CCC | 175,073 | ||
5 | 5.250%, 7/01/29 | 7/22 at 100.00 | CCC | 5,186 | ||
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1: | ||||||
14,084 | 0.000%, 7/01/24 | No Opt. Call | N/R | 13,462,755 | ||
31,249 | 0.000%, 7/01/27 | No Opt. Call | N/R | 28,241,596 | ||
14,974 | 0.000%, 7/01/29 | 7/28 at 98.64 | N/R | 12,914,925 | ||
38,025 | 0.000%, 7/01/31 | 7/28 at 91.88 | N/R | 30,346,612 | ||
38,680 | 0.000%, 7/01/33 | 7/28 at 86.06 | N/R | 28,720,674 | ||
12,819 | 4.500%, 7/01/34 | 7/25 at 100.00 | N/R | 14,098,336 | ||
105 | 0.000%, 7/01/46 | 7/28 at 41.38 | N/R | 34,666 | ||
100 | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2, 4.329%, 7/01/40 | 7/28 at 100.00 | N/R | 111,141 | ||
201,311 | Total Puerto Rico | 182,171,022 | ||||
Rhode Island – 0.5% | ||||||
3,170 | Cranston, Rhode Island, General Obligation Bonds, Anticipation Notes Series 2021-1, 1.000%, 8/23/22 | No Opt. Call | N/R | 3,192,444 | ||
1,560 | Rhode Island Health and Educational Building Corporation, Public Schools Financing Program Revenue Bonds, City of Providence, Series 2021D, 5.000%, 5/15/25 – BAM Insured | No Opt. Call | AA | 1,816,948 | ||
4,015 | Rhode Island Housing & Mortgage Finance Corporation, Homeownership Opportunity Bond Program, 2019 Series 70, 2.800%, 10/01/34 | 10/28 at 100.00 | AA+ | 4,237,792 | ||
13,005 | Rhode Island Housing & Mortgage Finance Corporation, Homeownership Opportunity Bond Program, 2021 Series 75A, 2.050%, 10/01/36 | 4/30 at 100.00 | AA+ | 12,825,141 | ||
2,595 | Rhode Island Housing & Mortgage Finance Corporation, Homeownership Opportunity Bonds, Series 73-A, 2.100%, 10/01/35 | 10/29 at 100.00 | AA+ | 2,591,704 | ||
5,000 | Rhode Island Housing & Mortgage Finance Corporation, Homeownership Opportunity Bonds, Series 74, 2.125%, 10/01/36 | 4/30 at 100.00 | AA+ | 5,006,400 | ||
1,195 | Rhode Island Housing and Mortgage Finance Corporation, Homeownership Opportunity Bond Program, Series 2020-72A, 2.300%, 10/01/35 | 10/29 at 100.00 | AA+ | 1,210,690 | ||
2,490 | Rhode Island, General Obligation Bonds, Consolidated Capital Development Loan, Refunding Series 2021C, 5.000%, 8/01/23 | No Opt. Call | AA | 2,708,298 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Rhode Island (continued) | ||||||
Rhode Island, General Obligation Bonds, Consolidated Capital Development Loan, Series 2021A: | ||||||
$ 3,495 | 5.000%, 5/01/23 | No Opt. Call | AA | $3,760,131 | ||
3,670 | 5.000%, 5/01/24 | No Opt. Call | AA | 4,116,749 | ||
40,195 | Total Rhode Island | 41,466,297 | ||||
South Carolina – 1.9% | ||||||
20,010 | Charleston County School District, South Carolina, General Obligation Bond Anticipation Notes, Sales Tax Projects Phase IV, Series 2021B, 4.000%, 5/11/22 | No Opt. Call | N/R | 20,485,237 | ||
Florence County, South Carolina, General Obligation Bonds, Series 2021: | ||||||
15,670 | 5.000%, 6/01/24 | No Opt. Call | Aa2 | 17,622,482 | ||
16,940 | 5.000%, 6/01/25 | No Opt. Call | Aa2 | 19,746,450 | ||
17,410 | 5.000%, 6/01/26 | No Opt. Call | Aa2 | 20,929,257 | ||
18,965 | 5.000%, 6/01/27 | No Opt. Call | Aa2 | 23,439,981 | ||
Greenville County School District, South Carolina, Installment Purchase Revenue Bonds, Building Equity Sooner Series 2012: | ||||||
3,385 | 5.000%, 12/01/21 | No Opt. Call | AA | 3,411,268 | ||
4,960 | 5.000%, 12/01/22 | No Opt. Call | AA | 5,239,149 | ||
1,040 | Lexington County Health Services District, Inc, South Carolina, Hospital Revenue Bonds, Refunding Series 2011, 5.000%, 11/01/22 | 11/21 at 100.00 | A1 | 1,043,775 | ||
350 | Lexington County Health Services District, Inc, South Carolina, Hospital Revenue Bonds, Refunding Series 2017, 5.000%, 11/01/26 | No Opt. Call | A1 | 421,953 | ||
4,385 | Patriots Energy Group Financing Agency, South Carolina, Gas Supply Revenue Bonds, Series 2018A, 4.000%, 10/01/48 (Mandatory Put 2/01/24) | 11/23 at 100.30 | Aa2 | 4,720,935 | ||
20,000 | South Carolina Association of Governmental Organizations, Certificates of Participation, Series 2021B, 3.000%, 3/01/22 | No Opt. Call | N/R | 20,241,800 | ||
1,230 | South Carolina Housing Finance and Development Authority, Mortgage Revenue Bonds, Series 2019B, 2.650%, 7/01/34 | 1/29 at 100.00 | Aaa | 1,289,052 | ||
2,970 | South Carolina Housing Finance and Development Authority, Mortgage Revenue Bonds, Series 2020B, 2.000%, 7/01/35 | 1/30 at 100.00 | Aaa | 2,964,743 | ||
6,230 | South Carolina Housing Finance and Development Authority, Mortgage Revenue Bonds, Series 2021A, 1.850%, 7/01/36 | 7/30 at 100.00 | Aaa | 6,065,528 | ||
South Carolina Jobs-Economic Development Authority, Economic Development Revenue Bonds, FMU Student Housing LLC - Francis Marion University Project, Series 2014A: | ||||||
520 | 5.000%, 8/01/22 | No Opt. Call | Baa3 | 535,725 | ||
1,035 | 5.000%, 8/01/24 | No Opt. Call | Baa3 | 1,121,495 | ||
4,595 | South Carolina Jobs-Economic Development Authority, Hospital Revenue Bonds, Bon Secours Mercy Health, Inc, Series 2020B, 5.000%, 12/01/48 (Mandatory Put 10/01/25) | No Opt. Call | AA- | 5,387,132 | ||
South Carolina Jobs-Economic Development Authority, Hospital Revenue Bonds, Palmetto Health, Refunding Series 2013A: | ||||||
1,450 | 5.250%, 8/01/24 (Pre-refunded 8/01/23) | 8/23 at 100.00 | N/R (4) | 1,582,197 | ||
2,850 | 5.250%, 8/01/25 (Pre-refunded 8/01/23) | 8/23 at 100.00 | N/R (4) | 3,109,835 | ||
3,560 | 5.250%, 8/01/26 (Pre-refunded 8/01/23) | 8/23 at 100.00 | N/R (4) | 3,884,565 | ||
2,000 | 5.000%, 8/01/27 (Pre-refunded 8/01/23) | 8/23 at 100.00 | N/R (4) | 2,173,240 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
South Carolina (continued) | ||||||
$ 1,840 | South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding Series 2014C, 5.000%, 12/01/21 | No Opt. Call | A | $1,854,113 | ||
1,255 | South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding Series 2016A, 5.000%, 12/01/22 | No Opt. Call | A | 1,324,728 | ||
152,650 | Total South Carolina | 168,594,640 | ||||
South Dakota – 0.2% | ||||||
Harrisburg Independent School District 41-2, South Dakota, General Obligation Bonds, Series 2021: | ||||||
1,470 | 5.000%, 8/01/22 | No Opt. Call | AA+ | 1,528,256 | ||
1,355 | 5.000%, 2/01/23 | No Opt. Call | AA+ | 1,440,771 | ||
570 | 5.000%, 8/01/23 | No Opt. Call | AA+ | 619,419 | ||
1,485 | 5.000%, 2/01/24 | No Opt. Call | AA+ | 1,647,593 | ||
425 | 5.000%, 8/01/24 | No Opt. Call | AA+ | 480,947 | ||
800 | 5.000%, 2/01/25 | No Opt. Call | AA+ | 921,992 | ||
460 | 5.000%, 8/01/25 | No Opt. Call | AA+ | 538,789 | ||
1,400 | 5.000%, 8/01/26 | No Opt. Call | AA+ | 1,689,758 | ||
South Dakota Health and Educational Facilities Authority, Revenue Bonds, Sanford Health, Series 2014B: | ||||||
585 | 4.000%, 11/01/21 | No Opt. Call | AA- | 586,661 | ||
650 | 5.000%, 11/01/24 | No Opt. Call | AA- | 741,657 | ||
South Dakota Health and Educational Facilities Authority, Revenue Bonds, Sanford Health, Series 2015: | ||||||
805 | 5.000%, 11/01/21 | No Opt. Call | AA- | 807,890 | ||
1,130 | 5.000%, 11/01/22 | No Opt. Call | AA- | 1,187,686 | ||
1,600 | South Dakota Housing Development Authority, Homeownership Mortgage Revenue Bonds, Series 2018A, 3.550%, 11/01/33 | 5/27 at 100.00 | AAA | 1,713,952 | ||
3,060 | South Dakota Housing Development Authority, Homeownership Mortgage Revenue Bonds, Series 2021A, 1.900%, 11/01/36 | 5/30 at 100.00 | AAA | 2,997,423 | ||
5,000 | South Dakota Housing Development Authority, Homeownership Mortgage Revenue Bonds, Series 2021B, 1.850%, 11/01/36 | 5/30 at 100.00 | AAA | 4,840,150 | ||
20,795 | Total South Dakota | 21,742,944 | ||||
Tennessee – 1.2% | ||||||
Chattanooga Health, Educational and Housing Facility Board, Tennessee, Revenue Bonds, CommonSpirit Health, Series 2019A-1: | ||||||
1,250 | 5.000%, 8/01/25 | No Opt. Call | BBB+ | 1,456,338 | ||
1,750 | 5.000%, 8/01/26 | No Opt. Call | BBB+ | 2,100,193 | ||
Knox County Health, Educational and Housing Facility Board, Tennessee, Hospital Revenue Bonds, East Tennessee Children's Hospital, Series 2019: | ||||||
2,335 | 5.000%, 11/15/32 | 2/29 at 100.00 | A | 2,909,667 | ||
2,810 | 5.000%, 11/15/33 | 2/29 at 100.00 | A | 3,491,481 | ||
6,150 | Knoxville, Tennessee, Wastewater System Revenue Bonds, Refunding Series 2021A, 4.000%, 4/01/25 | No Opt. Call | AA+ | 6,922,501 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tennessee (continued) | ||||||
Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board, Tennessee, Revenue Bonds, Belmont University Project, Series 2012: | ||||||
$ 500 | 4.000%, 11/01/21 | No Opt. Call | A+ | $501,380 | ||
1,030 | 5.000%, 11/01/22 | 11/21 at 100.00 | A+ | 1,033,584 | ||
1,200 | Metropolitan Government of Nashville-Davidson County, Tennessee, Exempt Facilities Revenue Bonds, Waste Management Inc, Series 2001, 0.580%, 8/01/31 (Mandatory Put 8/01/24) (AMT) | 8/23 at 102.00 | A- | 1,195,308 | ||
21,315 | Metropolitan Government of Nashville-Davidson County, Tennessee, General Obligation Bonds, Improvement Series 2021C, 5.000%, 1/01/25 | No Opt. Call | AA | 24,493,706 | ||
1,965 | Metropolitan Government of Nashville-Davidson County, Tennessee, Water and Sewerage Revenue Bonds, Refunding Subordinate Lien Series 2012, 5.000%, 7/01/22 (ETM) | No Opt. Call | AA- (4) | 2,036,054 | ||
8,605 | Tennergy Corporation, Tennessee, Gas Revenue Bonds, Series 2021A, 4.000%, 12/01/51 (Mandatory Put 9/01/28) | 6/28 at 100.68 | A1 | 10,152,007 | ||
1,275 | Tennessee Housing Development Agency, Residential Finance Program Bonds, Series 2015-1C, 3.850%, 7/01/32 | 1/25 at 100.00 | AA+ | 1,332,490 | ||
4,110 | Tennessee Housing Development Agency, Residential Finance Program Bonds, Series 2019-1, 3.400%, 7/01/34 | 7/28 at 100.00 | AA+ | 4,265,810 | ||
4,340 | Tennessee Housing Development Agency, Residential Finance Program Bonds, Series 2019-2, 2.800%, 7/01/34 | 7/28 at 100.00 | AA+ | 4,589,941 | ||
750 | Tennessee Housing Development Agency, Residential Finance Program Bonds, Series 2020-3A, 2.100%, 7/01/35 | 7/29 at 100.00 | AA+ | 757,245 | ||
2,000 | Tennessee Housing Development Agency, Residential Finance Program Bonds, Series 2021-1, 2.050%, 7/01/36 | 7/30 at 100.00 | AA+ | 1,987,740 | ||
2,300 | Tennessee Housing Development Agency, Residential Finance Program Bonds, Series 2021-2, 2.000%, 7/01/37 | 7/30 at 100.00 | AA+ | 2,242,500 | ||
8,360 | The Tennessee Energy Acquisition Corporation, Gas Project Revenue Bonds, Series 2018, 4.000%, 11/01/49 (Mandatory Put 11/01/25) | 8/25 at 100.22 | A2 | 9,372,563 | ||
3,485 | The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Commodity Project, Series 2021A, 5.000%, 5/01/52 (Mandatory Put 11/01/31) | 8/31 at 100.85 | A2 | 4,548,413 | ||
21,750 | The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006C, 4.000%, 5/01/48 (Mandatory Put 5/01/23) | 2/23 at 100.43 | A2 | 22,844,460 | ||
97,280 | Total Tennessee | 108,233,381 | ||||
Texas – 4.2% | ||||||
Austin Convention Enterprises Inc, Texas, Convention Center Hotel Revenue Bonds, Refunding First Tier Series 2017A: | ||||||
1,660 | 5.000%, 1/01/26 | No Opt. Call | BB+ | 1,873,360 | ||
1,290 | 5.000%, 1/01/27 | No Opt. Call | BB+ | 1,484,700 | ||
1,920 | 5.000%, 1/01/29 | 1/27 at 100.00 | BB+ | 2,186,554 | ||
1,850 | Austin, Texas, Electric Utility System Revenue Bonds, Refunding & Improvement Series 2020A, 5.000%, 11/15/25 | No Opt. Call | AA | 2,188,698 | ||
5,835 | Board of Regents of the University of Texas System, Revenue Financing System Bonds, Series 2020C, 5.000%, 8/15/31 | No Opt. Call | AAA | 7,849,184 | ||
5,115 | Central Texas Regional Mobility Authority, Revenue Bonds, Anticipation Notes Subordinate Lien Series 2020F, 5.000%, 1/01/25 | 7/24 at 100.00 | BBB+ | 5,720,411 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
$ 9,210 | Central Texas Regional Mobility Authority, Revenue Bonds, Anticipation Notes Subordinate Lien Series 2021C, 5.000%, 1/01/27 | 1/26 at 100.00 | BBB+ | $10,758,754 | ||
Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien, Series 2016: | ||||||
1,430 | 5.000%, 1/01/22 | No Opt. Call | A- | 1,446,016 | ||
2,500 | 5.000%, 1/01/23 | No Opt. Call | A- | 2,642,300 | ||
3,570 | 5.000%, 1/01/24 | No Opt. Call | A- | 3,929,749 | ||
650 | Corpus Christi Business and Job Development Corporation, Texas, Sales Tax Revenue Bonds, Arena Project, Refunding Series 2014, 5.000%, 9/01/22 | No Opt. Call | AA | 672,640 | ||
5,015 | Dallas Area Rapid Transit, Texas, Sales Tax Revenue Bonds, Refunding Senior Lien Series 2019, 5.000%, 12/01/24 | No Opt. Call | AA+ | 5,747,591 | ||
4,005 | Dallas Area Rapid Transit, Texas, Sales Tax Revenue Bonds, Refunding Senior Lien Series 2020B Forward Delivery, 5.000%, 12/01/23 | No Opt. Call | AA+ | 4,416,233 | ||
13,670 | Dallas Independent School District, Dallas County, Texas, General Obligation Bonds, Refunding School Building Series 2021C, 5.000%, 2/15/22 | No Opt. Call | AA+ | 13,912,506 | ||
Dallas, Texas, Waterworks and Sewer System Revenue Bonds, Refunding Series 2020C: | ||||||
2,000 | 5.000%, 10/01/21 | No Opt. Call | AAA | 2,000,000 | ||
2,000 | 5.000%, 10/01/22 | No Opt. Call | AAA | 2,095,300 | ||
2,000 | 5.000%, 10/01/23 | No Opt. Call | AAA | 2,190,580 | ||
30,640 | Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Refunding & Improvement Series 2016, 1.600%, 11/01/21, 144A (AMT) | No Opt. Call | A | 30,671,866 | ||
1,010 | Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Refunding Series 2014A, 5.250%, 11/01/26 (AMT) | 11/23 at 100.00 | A+ | 1,110,212 | ||
Del Valle Independent School District, Travis County, Texas, General Obligation Bonds, School Building Series 2021: | ||||||
1,195 | 5.000%, 6/15/22 | No Opt. Call | AAA | 1,235,415 | ||
5,000 | 5.000%, 6/15/23 | No Opt. Call | AAA | 5,405,500 | ||
2,910 | 5.000%, 6/15/24 | No Opt. Call | AAA | 3,278,406 | ||
Eagle Mountain and Saginaw Independent School District, Tarrant County, Texas, General Obligation Bonds, School Building Series 2021: | ||||||
1,000 | 5.000%, 8/15/22 | No Opt. Call | Aaa | 1,041,930 | ||
1,485 | 5.000%, 8/15/23 | No Opt. Call | Aaa | 1,617,016 | ||
1,440 | 5.000%, 8/15/24 | No Opt. Call | Aaa | 1,632,442 | ||
1,400 | 5.000%, 8/15/25 | No Opt. Call | Aaa | 1,643,614 | ||
El Paso, El Paso County, Texas, Water and Sewer Revenue Bonds, Refunding Series 2019B: | ||||||
2,525 | 5.000%, 3/01/23 | No Opt. Call | AA+ | 2,696,599 | ||
2,660 | 5.000%, 3/01/24 | No Opt. Call | AA+ | 2,955,712 | ||
3,000 | 5.000%, 3/01/25 | No Opt. Call | AA+ | 3,457,530 | ||
3,945 | 5.000%, 3/01/26 | No Opt. Call | AA+ | 4,691,631 | ||
4,160 | 5.000%, 3/01/27 | No Opt. Call | AA+ | 5,085,600 | ||
1,020 | 5.000%, 3/01/28 | No Opt. Call | AA+ | 1,277,479 | ||
9,000 | Fort Worth, Texas, General Obligation Bonds, Refunding Improvment Series 2020, 4.000%, 3/01/22 | No Opt. Call | AA | 9,141,930 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
$ 18,000 | Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Bond Anticipation Note Series 2014A, 5.000%, 2/01/23 | No Opt. Call | A+ | $19,092,240 | ||
5,135 | Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Memorial Hermann Health System, Series 2019B-1, 5.000%, 7/01/49 (Mandatory Put 12/01/22) | 9/22 at 100.88 | A+ | 5,401,763 | ||
3,260 | Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Memorial Hermann Health System, Series 2019B-2, 5.000%, 7/01/49 (Mandatory Put 12/01/24) | 9/24 at 100.84 | A+ | 3,715,878 | ||
3,090 | Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Memorial Hermann Healthcare System, Series 2014A, 5.000%, 12/01/24 | No Opt. Call | A+ | 3,535,084 | ||
17,500 | Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Texas Childrens Hospital, Series 2019B, 5.000%, 10/01/41 (Mandatory Put 10/01/24) | No Opt. Call | AA | 19,891,550 | ||
5,205 | Harris County-Houston Sports Authority, Texas, Revenue Bonds, Refunding Senior Lien Series 2014A, 5.000%, 11/15/24 – AGM Insured | No Opt. Call | AA | 5,884,721 | ||
Houston, Texas, Airport System Revenue Bonds, Refunding & Subordinate Lien Series 2018C: | ||||||
4,000 | 5.000%, 7/01/29 (AMT) | 7/28 at 100.00 | AA | 4,976,160 | ||
6,000 | 5.000%, 7/01/30 (AMT) | 7/28 at 100.00 | AA | 7,438,860 | ||
3,000 | 5.000%, 7/01/31 (AMT) | 7/28 at 100.00 | AA | 3,712,320 | ||
6,605 | Houston, Texas, Combined Utility System Revenue Bonds, Refunding First Lien Series 2020A Forward Delivery, 5.000%, 11/15/32 | 11/30 at 100.00 | AA | 8,724,016 | ||
Love Field Airport Modernization Corporation, Texas, General Airport Revenue Bonds Series 2015: | ||||||
1,000 | 5.000%, 11/01/21 (AMT) | No Opt. Call | A1 | 1,003,560 | ||
1,720 | 5.000%, 11/01/22 (AMT) | No Opt. Call | A1 | 1,807,049 | ||
1,455 | 5.000%, 11/01/23 (AMT) | No Opt. Call | A1 | 1,594,098 | ||
1,500 | 5.000%, 11/01/24 (AMT) | No Opt. Call | A1 | 1,705,080 | ||
3,950 | Matagorda County Navigation District 1, Texas, Pollution Control Revenue Bonds, Central Power & Light Company Project, Refunding Series 1996, 0.900%, 5/01/30 (Mandatory Put 9/01/23) (AMT) | No Opt. Call | A- | 3,962,798 | ||
520 | McCamey County Hospital District, Texas, General Obligation Bonds, Series 2013, 4.000%, 12/01/21 | No Opt. Call | B1 | 521,342 | ||
2,175 | Mission Economic Development Corporation, Texas, Revenue Bonds, Natgasoline Project, Senior Lien Series 2018, 4.625%, 10/01/31, 144A (AMT) | 10/21 at 105.00 | BB- | 2,287,382 | ||
North Central Texas Health Facilities Development Corporation, Texas, Revenue Bonds, Children's Medical Center Dallas Project, Series 2012: | ||||||
2,065 | 5.000%, 8/15/22 | No Opt. Call | AA | 2,150,656 | ||
6,415 | 5.000%, 8/15/23 (Pre-refunded 8/15/22) | 8/22 at 100.00 | AA (4) | 6,682,313 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2014A: | ||||||
$ 4,030 | 5.000%, 1/01/22 (ETM) | No Opt. Call | A+ (4) | $4,077,191 | ||
1,995 | 5.000%, 1/01/23 (ETM) | No Opt. Call | N/R (4) | 2,114,461 | ||
3,030 | 5.000%, 1/01/23 | No Opt. Call | A+ | 3,209,527 | ||
2,345 | 5.000%, 1/01/24 (ETM) | No Opt. Call | N/R (4) | 2,592,702 | ||
4,825 | 5.000%, 1/01/24 | No Opt. Call | A+ | 5,328,344 | ||
North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2017A: | ||||||
5,025 | 5.000%, 1/01/23 | No Opt. Call | A+ | 5,322,731 | ||
3,415 | 5.000%, 1/01/24 | 1/23 at 100.00 | A+ | 3,616,895 | ||
3,200 | 5.000%, 1/01/27 | 1/26 at 100.00 | A+ | 3,774,656 | ||
San Antonio, Texas, General Obligation Bonds, General Improvement Series 2020: | ||||||
5,570 | 5.000%, 8/01/28 | No Opt. Call | AAA | 7,064,208 | ||
4,025 | 5.000%, 8/01/29 | No Opt. Call | AAA | 5,206,659 | ||
San Antonio, Texas, General Obligation Bonds, Tax Notes Series 2021: | ||||||
7,125 | 5.000%, 8/01/23 | No Opt. Call | AAA | 7,749,649 | ||
3,735 | 5.000%, 8/01/24 | No Opt. Call | AAA | 4,230,074 | ||
1,000 | Tarrant County Cultural Education Facilities Finance Corporation, Texas, Retirement Facility Revenue Bonds, MRC Methodist Retirement Communities Stevenson Oaks Project, Mandatory Paydown Series 2020B-2, 3.000%, 11/15/26 | 5/22 at 100.00 | N/R | 1,008,690 | ||
3,240 | Texas Department of Housing and Community Affairs, Residential Mortgage Revenue Bonds, Premium Series 2019A, 3.500%, 7/01/34 | 7/28 at 100.00 | Aaa | 3,526,675 | ||
3,455 | Texas Department of Housing and Community Affairs, Single Family Mortgage Revenue Bonds, Series 2021A, 1.850%, 9/01/36 | 3/30 at 100.00 | Aaa | 3,384,760 | ||
Texas Private Activity Bond Surface Transportation Corporation, Senior Lien Revenue Bonds, LBJ Infrastructure Group LLC IH-635 Managed Lanes Project, Refunding Series 2020A: | ||||||
3,000 | 4.000%, 12/31/30 | No Opt. Call | Baa2 | 3,622,530 | ||
4,000 | 4.000%, 6/30/31 | 12/30 at 100.00 | Baa2 | 4,806,920 | ||
Texas Water Development Board, State Revolving Fund Revenue Bonds, New Series 2020: | ||||||
1,275 | 5.000%, 8/01/23 | No Opt. Call | AAA | 1,387,022 | ||
1,510 | 5.000%, 8/01/25 | No Opt. Call | AAA | 1,769,886 | ||
Texas Water Development Board, State Water Implementation Revenue Fund Bonds, Master Trust Series 2018A: | ||||||
7,080 | 5.000%, 10/15/23 | No Opt. Call | AAA | 7,768,742 | ||
13,055 | 5.000%, 10/15/24 | No Opt. Call | AAA | 14,893,536 | ||
21,815 | Williamson County, Texas, General Obligation Bonds, Limited Tax Notes Series 2021, 5.000%, 2/15/22 | No Opt. Call | AAA | 22,201,998 | ||
336,455 | Total Texas | 370,802,184 | ||||
Utah – 0.2% | ||||||
9,725 | Central Utah Water Conservancy District, Utah, General Obligation Bonds, Refunding Limited Tax Series 2021A, 5.000%, 4/01/25 | No Opt. Call | AA+ | 11,272,539 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Utah (continued) | ||||||
$ 4,010 | Utah State, General Obligation Bonds, Series 2020B, 5.000%, 7/01/23 | No Opt. Call | AAA | $ 4,345,798 | ||
13,735 | Total Utah | 15,618,337 | ||||
Virginia – 2.1% | ||||||
3,095 | Charles City County Industrial Development Authority, Virginia, Solid Waste Disposal Facility Revenue Bonds, Waste Management, Inc, Series 2002, 1.450%, 4/01/27 (AMT) | No Opt. Call | A- | 3,122,815 | ||
10,285 | Chesapeake Bay Bridge and Tunnel District, Virginia, General Resolution Revenue Bonds, First Tier Bond Anticipation Notes Series 2019, 5.000%, 11/01/23 | No Opt. Call | BBB | 11,259,195 | ||
Fairfax County Economic Development Authority, Virginia, Revenue Bonds, Wiehle Avenue Metrorail Station Parking Project, Refunding Series 2020 Forward Delivery: | ||||||
2,160 | 5.000%, 8/01/24 | No Opt. Call | AA+ | 2,443,694 | ||
2,240 | 5.000%, 8/01/25 | No Opt. Call | AA+ | 2,621,808 | ||
2,045 | 5.000%, 8/01/26 | No Opt. Call | AA+ | 2,465,023 | ||
2,850 | 5.000%, 8/01/27 | No Opt. Call | AA+ | 3,521,061 | ||
1,600 | 5.000%, 8/01/29 | No Opt. Call | AA+ | 2,062,800 | ||
8,890 | Federal Home Loan Mortgage Corporation, Multifamily Variable Rate Certificates Relating to Municpal Securities Class A Series 2019M-057, 2.400%, 10/15/29 | No Opt. Call | AA+ | 9,360,192 | ||
11,000 | Halifax County Industrial Development Authority, Virginia, Recovery Zone Facility Revenue Bonds, Virginia Electric & Power Compnay Project, Sereis 2010A, 0.450%, 12/01/41 (Mandatory Put 4/01/22) | No Opt. Call | A2 | 11,009,350 | ||
33,240 | Hampton Roads Transportation Accountability Commission, Virginia, Revenue Bonds, Hampton Roads Transportation Fund, Senior Lien Bond Anticipation Notes, Series 2021A, 5.000%, 7/01/26 | No Opt. Call | Aa2 | 40,092,094 | ||
Loudoun County Economic Development Authority, Virginia, Lease Revenue Bonds, Public Facilities Project, Refunding Series 2020A: | ||||||
10,700 | 5.000%, 12/01/22 | No Opt. Call | AA+ | 11,297,060 | ||
11,105 | 5.000%, 12/01/23 | No Opt. Call | AA+ | 12,245,261 | ||
5,240 | Norfolk Economic Development Authority, Virginia, Hospital Facility Revenue Bonds, Sentara Healthcare Systems, Refunding Series 2018A, 5.000%, 11/01/48 (Mandatory Put 11/01/28) | No Opt. Call | AA | 6,625,980 | ||
4,980 | Virginia Beach Development Authority, Virginia, Public Facilities Revenue Bonds, Refunding Series 2020B, 5.000%, 8/01/23 | No Opt. Call | AA+ | 5,416,597 | ||
Virginia Beach Development Authority, Virginia, Public Facilities Revenue Bonds, Series 2020A: | ||||||
8,895 | 5.000%, 4/15/23 | No Opt. Call | AA+ | 9,552,518 | ||
8,815 | 5.000%, 4/15/24 | No Opt. Call | AA+ | 9,849,088 | ||
23,235 | Virginia College Building Authority, Educational Facilities Revenue Bonds, 21st Century College & Equipment Programs, Series 2021A, 5.000%, 2/01/24 | No Opt. Call | AA+ | 25,807,811 | ||
9,360 | Wise County Industrial Development Authority, Virginia, Solid Waste and Sewage Disposal Revenue Bonds, Virginia Electric and Power Company, Series 2009A, 0.750%, 10/01/40 (Mandatory Put 9/02/25) | No Opt. Call | A2 | 9,383,400 | ||
4,090 | Wise County Industrial Development Authority, Virginia, Solid Waste and Sewage Disposal Revenue Bonds, Virginia Electric and Power Company, Series 2010A, 1.200%, 11/01/40 (Mandatory Put 5/31/24) | No Opt. Call | A2 | 4,159,489 | ||
163,825 | Total Virginia | 182,295,236 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Washington – 2.3% | ||||||
$ 10,145 | Energy Northwest, Washington, Electric Revenue Bonds, Columbia Generating Station, Refunding Series 2015A, 5.000%, 7/01/23 | No Opt. Call | Aa2 | $10,990,789 | ||
5,215 | Energy Northwest, Washington, Electric Revenue Bonds, Nuclear Project 1, Refunding Series 2015C, 5.000%, 7/01/25 | No Opt. Call | Aa2 | 6,106,452 | ||
10,605 | Energy Northwest, Washington, Electric Revenue Bonds, Nuclear Project 1, Refunding Series 2017A, 5.000%, 7/01/27 | No Opt. Call | Aa2 | 13,115,310 | ||
16,215 | Energy Northwest, Washington, Electric Revenue Bonds, Nuclear Project 1, Refunding Series 2021-A, 5.000%, 7/01/26 | No Opt. Call | Aa2 | 19,557,560 | ||
King and Pierce Counties School District 408 Auburn, Washington, General Obligation Bonds, Refunding Series 2020: | ||||||
4,110 | 5.000%, 12/01/21 | No Opt. Call | Aaa | 4,141,852 | ||
1,310 | 5.000%, 12/01/22 | No Opt. Call | Aaa | 1,383,412 | ||
3,105 | 5.000%, 12/01/23 | No Opt. Call | Aaa | 3,423,107 | ||
3,000 | 5.000%, 12/01/24 | No Opt. Call | Aaa | 3,437,220 | ||
2,000 | 5.000%, 12/01/25 | No Opt. Call | Aaa | 2,369,540 | ||
King County Public Hospital District 1, Washington, Limited Tax General Obligation Bonds, Valley Medical Center, Refunding Series 2016: | ||||||
6,485 | 5.000%, 12/01/23 | No Opt. Call | A2 | 7,116,834 | ||
7,295 | 5.000%, 12/01/24 | No Opt. Call | A2 | 8,308,713 | ||
13,045 | King County, Washington, Sewer Revenue Bonds, Refunding Junior Lien Series 2020A, 0.625%, 1/01/32 (Mandatory Put 1/01/24) | 7/23 at 100.00 | AA | 13,056,871 | ||
1,630 | Spokane Public Facilities District, Washington, Hotel, Motel, and Sales Use Tax Revenue Bonds, Refunding Series 2013B, 5.000%, 12/01/21 (ETM) | No Opt. Call | A1 (4) | 1,642,633 | ||
12,105 | Spokane, Washington, Water and Wastewater System Revenue Bonds, Green Series 2014, 4.000%, 12/01/32 | 12/24 at 100.00 | AA | 13,348,426 | ||
2,050 | Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2019A-2, 5.000%, 8/01/27 | No Opt. Call | BBB+ | 2,520,906 | ||
4,240 | Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2019B-1, 5.000%, 8/01/49 (Mandatory Put 8/01/24) | 2/24 at 100.00 | BBB+ | 4,671,759 | ||
4,000 | Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2019B-2, 5.000%, 8/01/49 (Mandatory Put 8/01/25) | 2/25 at 100.00 | BBB+ | 4,559,520 | ||
8,250 | Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2019B-3, 5.000%, 8/01/49 (Mandatory Put 8/01/26) | 2/26 at 100.00 | BBB+ | 9,680,220 | ||
Washington Health Care Facilities Authority, Revenue Bonds, Fred Hutchinson Cancer Research Center, Series 2015: | ||||||
5,730 | 5.000%, 1/01/22 | No Opt. Call | A+ | 5,795,437 | ||
1,950 | 5.000%, 1/01/24 | No Opt. Call | A+ | 2,146,034 | ||
1,310 | 5.000%, 1/01/25 | No Opt. Call | A+ | 1,494,409 | ||
5,225 | Washington Health Care Facilities Authority, Revenue Bonds, MultiCare Health System, Series 2015B, 5.000%, 8/15/27 | 8/25 at 100.00 | AA- | 6,103,531 | ||
1,065 | Washington Health Care Facilities Authority, Revenue Bonds, PeaceHealth, Refunding Series 2014A, 5.000%, 11/15/21 (ETM) | No Opt. Call | AA- (4) | 1,070,751 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Washington (continued) | ||||||
Washington Health Care Facilities Authority, Revenue Bonds, Providence Saint Joseph Health, Series 2018B: | ||||||
$ 1,300 | 5.000%, 10/01/25 | No Opt. Call | AA- | $1,528,605 | ||
1,975 | 5.000%, 10/01/26 | No Opt. Call | AA- | 2,387,597 | ||
3,025 | 5.000%, 10/01/27 | No Opt. Call | AA- | 3,752,482 | ||
2,360 | 5.000%, 10/01/28 | No Opt. Call | AA- | 2,997,035 | ||
2,750 | Washington State Housing Finance Commission, Non-Profit Housing Revenue Bonds, Eliseo Project, Refunding Ser 2021B-2, 2.125%, 7/01/27, 144A | 1/23 at 100.00 | N/R | 2,757,177 | ||
3,755 | Washington State Housing Finance Commission, Single Family Program Bonds, Series 2021-1N, 2.000%, 12/01/36 | 6/30 at 100.00 | Aaa | 3,731,343 | ||
1,620 | Washington State, General Obligation Bonds, Motor Vehicle Fuel Tax & Vehicle Related Fees Series 2020E, 5.000%, 6/01/22 | No Opt. Call | Aaa | 1,672,083 | ||
5,310 | Washington State, General Obligation Bonds, Motor Vehicle Fuel Tax & Vehicle Related Fees Series 2021F, 5.000%, 6/01/23 | No Opt. Call | Aaa | 5,735,596 | ||
Washington State, General Obligation Bonds, Refunding Motor Vehicle Fuel Tax, Triple Pledge SR 520 Toll Series R-2021A Forward Delivery: | ||||||
2,000 | 5.000%, 6/01/24 | No Opt. Call | Aaa | 2,250,900 | ||
4,750 | 5.000%, 6/01/25 | �� | No Opt. Call | Aaa | 5,540,732 | |
22,875 | Washington State, General Obligation Bonds, Refunding Various Purpose Series 2021R-2021C, 5.000%, 8/01/24 | No Opt. Call | Aaa | 25,913,944 | ||
181,805 | Total Washington | 204,308,780 | ||||
West Virginia – 0.4% | ||||||
6,025 | West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Appalachian Power Company - Amos Project, Refunidng Series 2015A, 2.550%, 3/01/40 (Mandatory Put 4/01/24) | No Opt. Call | A- | 6,317,393 | ||
6,845 | West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Appalachian Power Company - Amos Project, Series 2010, 0.625%, 12/01/38 (Mandatory Put 12/15/25) | No Opt. Call | A- | 6,781,205 | ||
5,580 | West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Appalachian Power Company - Amos Project, Series 2011A, 1.000%, 1/01/41 (Mandatory Put 9/01/25) (AMT) | No Opt. Call | A- | 5,588,370 | ||
4,010 | West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Appalachian Power Company - Amos Project, Seriess 2009A, 2.625%, 12/01/42 (Mandatory Put 6/01/22) | No Opt. Call | A- | 4,066,501 | ||
4,000 | West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Appalachian Power Company - Amos Project, Seriess 2009B, 2.625%, 12/01/42 (Mandatory Put 6/01/22) | No Opt. Call | A- | 4,056,360 | ||
4,095 | West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Wheeling Power Company - Mitchell Project, Series 2013A, 3.000%, 6/01/37 (Mandatory Put 4/01/22) (AMT) | No Opt. Call | A- | 4,150,569 | ||
1,090 | West Virginia Hospital Finance Authority, Hospital Revenue Bonds, Charleston Area Medical Center, Series 2014A, 5.000%, 9/01/24 | No Opt. Call | Baa1 | 1,223,928 | ||
31,645 | Total West Virginia | 32,184,326 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin – 1.2% | ||||||
$ 4,200 | Public Finance Authority of Wisconsin, Retirement Facilities First Mortgage Revenue Bonds, Whitestone Masonic and Eastern Star Home of Norht Carolina, Series 2020B-2, 3.000%, 3/01/26, 144A | 11/21 at 100.00 | N/R | $4,203,696 | ||
4,000 | Public Finance Authority of Wisconsin, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Refunding Series 2016A-4, 1.100%, 4/01/33 (Mandatory Put 6/01/26) (AMT) | No Opt. Call | A- | 4,003,600 | ||
1,000 | Public Finance Authority, Wisconsin, Exempt Facilities Revenue Bonds, Celanese Project, Refunding Series 2016A, 5.000%, 1/01/24 (AMT) | No Opt. Call | BBB | 1,089,360 | ||
Public Finance Authority, Wisconsin, Exempt Facilities Revenue Bonds, Celanese Project, Refunding Series 2016C: | ||||||
2,250 | 4.050%, 11/01/30 | 5/26 at 100.00 | BBB | 2,484,878 | ||
5,000 | 4.300%, 11/01/30 (AMT) | 5/26 at 100.00 | BBB | 5,576,800 | ||
1,150 | Racine, Racine County, Wisconsin, General Obligation Bonds, Note Anticipation Notes Series 2021, 2.000%, 4/01/22 | 12/21 at 100.00 | N/R | 1,154,462 | ||
25,000 | Shorewood School District, Milwaukee County, Wisconsin, Bond Anticipation Notes, Series 2021, 0.450%, 10/01/23 | 10/22 at 100.00 | N/R | 25,063,500 | ||
95 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Ministry Health Care, Inc, Refunding 2012C, 5.000%, 8/15/23 (Pre-refunded 8/15/22) | 8/22 at 100.00 | N/R (4) | 98,959 | ||
6,380 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Hospital Sisters Services, Inc, Refunding Series 2014A, 5.000%, 11/15/22 | No Opt. Call | A+ | 6,717,374 | ||
6,060 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Marshfield Clinic Health System, Inc, Series 2020B-1, 5.000%, 2/15/52 (Mandatory Put 2/15/25) | 8/24 at 100.00 | A- | 6,823,499 | ||
3,150 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, ProHealth Care, Inc Obligated Group, Refunding Series 2015, 3.375%, 8/15/29 | 8/24 at 100.00 | A+ | 3,347,599 | ||
4,000 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Saint Camillus Health System Inc, TEMPS 50 Series 2019B-3, 2.250%, 11/01/26 | 11/21 at 100.00 | N/R | 4,000,880 | ||
4,080 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Saint Camillus Health System Inc, TEMPS 70 Series 2019B-2, 2.550%, 11/01/27 | 11/21 at 100.00 | N/R | 4,081,265 | ||
6,250 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Saint Camillus Health System Inc, TEMPS 85 Series 2019B-1, 2.825%, 11/01/28 | 11/21 at 100.00 | N/R | 6,252,375 | ||
Wisconsin Housing and Ecconomic Development Authority, Home Ownership Revenue Bonds, Series 2019C: | ||||||
1,770 | 2.200%, 3/01/31 | 9/28 at 100.00 | AA | 1,824,144 | ||
1,785 | 2.200%, 9/01/31 | 9/28 at 100.00 | AA | 1,835,997 | ||
4,930 | 2.500%, 9/01/34 | 9/28 at 100.00 | AA | 5,090,324 | ||
Wisconsin Housing and Economic Development Authority, Housing Revenue Bonds, Series 2019A: | ||||||
1,915 | 1.550%, 11/01/38 (Mandatory Put 11/01/21) | 11/21 at 100.00 | AA | 1,916,992 | ||
6,315 | 1.600%, 11/01/48 (Mandatory Put 11/01/22) | 11/21 at 100.00 | AA | 6,321,189 | ||
5,325 | Wisconsin State, General Obligation Bonds, Refunding Series 2021-1, 5.000%, 5/01/27 | No Opt. Call | AA+ | 6,570,571 | ||
4,000 | Wood County, Wisconsin, Note Anticipation Notes, Series 2021, 0.750%, 3/07/22 | 12/21 at 100.00 | N/R | 4,003,760 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin (continued) | ||||||
WPPI Energy, Wisconsin, Power Supply System Revenue Bonds, Refunding Series 2014A: | ||||||
$ 705 | 5.000%, 7/01/25 | 7/24 at 100.00 | A1 | $796,262 | ||
1,060 | 5.000%, 7/01/26 | 7/24 at 100.00 | A1 | 1,197,217 | ||
965 | 5.000%, 7/01/27 | 7/24 at 100.00 | A1 | 1,089,919 | ||
101,385 | Total Wisconsin | 105,544,622 | ||||
Wyoming – 0.4% | ||||||
20,175 | Sweetwater County, Wyoming, Pollution Control Revenue Refunding Bonds, Idaho Power Company Project, Series 2006, 1.700%, 7/15/26 | No Opt. Call | A1 | 20,726,585 | ||
University of Wyoming, Facilities Revenue Bonds, Supplemental Coverage Program, Refunding Series 2021A: | ||||||
2,690 | 5.000%, 6/01/24 | No Opt. Call | AA- | 3,022,107 | ||
2,825 | 5.000%, 6/01/25 | No Opt. Call | AA- | 3,289,656 | ||
2,500 | Wyoming Community Development Authority, Housing Revenue Bonds, 2019 Series 3, 2.450%, 12/01/34 | 12/28 at 100.00 | AA+ | 2,588,000 | ||
1,225 | Wyoming Community Development Authority, Housing Revenue Bonds, 2020 Series 1, 2.625%, 12/01/35 | 6/29 at 100.00 | AA+ | 1,276,707 | ||
2,500 | Wyoming Community Development Authority, Housing Revenue Bonds, 2020 Series 2, 2.100%, 12/01/35 | 6/30 at 100.00 | AA+ | 2,491,800 | ||
5,300 | Wyoming Community Development Authority, Housing Revenue Bonds, 2021 Series 3, 2.000%, 12/01/36 (WI/DD, Settling 10/13/21) | 12/30 at 100.00 | AA+ | 5,205,501 | ||
37,215 | Total Wyoming | 38,600,356 | ||||
$ 7,882,167 | Total Municipal Bonds (cost $8,239,587,317) | 8,434,819,191 |
Shares | Description (1) | Value | ||||
COMMON STOCKS – 1.3% | ||||||
Electric Utilities – 1.3% | ||||||
2,813,414 | Energy Harbor Corp (8), (9), (10) | $ 113,152,698 | ||||
Total Common Stocks (cost $57,727,850) | 113,152,698 | |||||
Total Long-Term Investments (cost $8,297,315,167) | 8,547,971,889 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
SHORT-TERM INVESTMENTS – 2.5% | ||||||
MUNICIPAL BONDS – 2.5% | ||||||
National – 0.9% | ||||||
$ 624 | BB&T Municipal Trust Pool Tax Exempt Lease Certificates Class C Series 2018, 0.820%, 11/30/21 (SIFMA reference rate + 0.800% spread), 144A (5) | No Opt. Call | A+ | $624,065 | ||
10,000 | Invesco Municipal Opportunity Trust Variable Rate Munifund Term Preferred Shares Series 2015/6 IIM J.P. Morgan Chase Putters, Drivers, CTFS 5029, 0.220%, 12/01/24 (AMT) (Mandatory Put 9/30/21), 144A (11) | No Opt. Call | AA | 10,000,000 | ||
57,400 | Invesco Value Municipal Income Trust Variable Rate Munifund Term Preferred Shares Series 2015/6 IIM J.P. Morgan Chase Putters, Drivers, CTFS 5027, 0.220%, 3/20/24 (AMT) (Mandatory Put 9/30/21), 144A (11) | No Opt. Call | AA | 57,400,000 | ||
10,000 | Invesco Value Municipal Income Trust Variable Rate Munifund Term Preferred Shares Series 2015/6 IIM J.P. Morgan Chase Putters, Drivers, CTFS 5028, 0.220%, 12/01/24 (AMT) (Mandatory Put 9/30/21), 144A (11) | No Opt. Call | AA | 10,000,000 | ||
78,024 | Total National | 78,024,065 | ||||
Alabama – 0.3% | ||||||
5,070 | Mobile Industrial Development Board, Alabama, Pollution Control Revenue Refunding Bonds, Alabama Power Company Barry Plan, Series 2007A, 1.000%, 6/01/34 (Mandatory Put 6/26/25) (11) | No Opt. Call | A1 | 5,131,195 | ||
23,445 | Mobile Industrial Development Board, Alabama, Pollution Control Revenue Refunding Bonds, Alabama Power Company Barry Plan, Series 2008, 2.900%, 7/15/34 (Mandatory Put 12/12/23) (11) | No Opt. Call | A1 | 24,673,049 | ||
28,515 | Total Alabama | 29,804,244 | ||||
California – 0.5% | ||||||
30,770 | California Health Facilities Financing Authority, Revenue Bonds, Kaiser Permanante System, Series 2006C, 5.000%, 6/01/41 (Mandatory Put 11/01/29) (11) | No Opt. Call | AA- | 39,976,384 | ||
Florida – 0.3% | ||||||
18,680 | Florida Development Finance Corporation, Florida, Variable Rate Demand Obligations, Surface Transportation Facility Revenue Bonds, Virgin Trains USA Passenger Rail Project, Series 2019A, 6.250%, 1/01/49 (AMT) (Mandatory Put 1/01/24), 144A (11) | 11/21 at 103.00 | N/R | 19,056,402 | ||
3,100 | Miami-Dade County Educational Facilities Authority, Florida, Revenue Bonds, University of Miami, Tender Option Bond Trust Series 2018-XM0676, 0.120%, 4/01/53 (Mandatory Put 10/07/21), 144A (11) | 4/28 at 100.00 | A3 | 3,100,000 | ||
21,780 | Total Florida | 22,156,402 | ||||
Illinois – 0.1% | ||||||
6,100 | Peoria County, Illinois, General Obligation Bonds, Alternate Revenue Source, Tender Option Bond Floater 16-XM0274, 0.080%, 12/15/41 (Mandatory Put 10/07/21), 144A (11) | No Opt. Call | AA | 6,100,000 | ||
Kentucky – 0.0% | ||||||
2,500 | Owen County, Kentucky, Water Facilities Revenue Bonds, Kentucky-American Water Company Project, Refunding Series 2020, 0.700%, 6/01/40 (Mandatory Put 9/01/23) (11) | No Opt. Call | A | 2,500,000 | ||
Nebraska – 0.1% | ||||||
10,000 | Nebraska Investment Finance Authority, Single Family Housing Revenue Bonds, Variable Demand Series 2021B, 0.050%, 9/01/50 (AMT) (Mandatory Put 10/07/21) (11) | 9/21 at 100.00 | AA+ | 10,000,000 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Jersey – 0.1% | ||||||
$ 3,500 | New Jersey Housing and Mortgage Finance Agency, Multifamily Revenue Bonds, Tender Option Bond Floater 2018-020, 0.100%, 11/01/39 (AMT) (Mandatory Put 10/07/21), 144A (11) | 11/27 at 100.00 | AA- | $3,500,000 | ||
1,470 | New Jersey Turnpike Authority, Revenue Bonds, Tender Option Bond Floater Series 2017-ZM0566, 0.190%, 7/01/25 (Mandatory Put 10/07/21), 144A (11) | No Opt. Call | A+ | 1,470,000 | ||
4,970 | Total New Jersey | 4,970,000 | ||||
North Carolina – 0.1% | ||||||
7,165 | North Carolina Housing Finance Agency, Home Ownership Revenue Bonds, Tender Option Bond Trust 2017-YX1052, 0.080%, 7/01/37 (Mandatory Put 10/07/21), 144A (11) | 1/27 at 100.00 | Aa1 | 7,165,000 | ||
Washington – 0.0% | ||||||
3,000 | Washington State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Tender Option Bond Trust 2018-ZM0679, 0.120%, 7/01/26 (Mandatory Put 10/07/21), 144A (11) | No Opt. Call | Baa1 | 3,000,000 | ||
Wisconsin – 0.1% | ||||||
12,305 | Public Finance Authority of Wisconsin, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Refunding Series 2016A-3, 1.100%, 7/01/29 (AMT) (Mandatory Put 6/01/26) (11) | No Opt. Call | A- | 12,316,074 | ||
$ 205,129 | Total Short-Term Investments (cost $213,578,417) | 216,012,169 | ||||
Total Investments (cost $8,510,893,584) – 99.8% | 8,763,984,058 | |||||
Other Assets Less Liabilities – 0.2% | 17,188,369 | |||||
Net Assets – 100% | $ 8,781,172,427 |
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns. | |
(3) | For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. | |
(4) | Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest. | |
(5) | Variable rate security. The rate shown is the coupon as of the end of the reporting period. | |
(6) | Step-up coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding. The rate shown is the coupon as of the end of the reporting period. | |
(7) | Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy. | |
(8) | Common Stock received as part of the bankruptcy settlements during February 2020, for Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generation Project, Series 2006B, 3.500%, 12/01/35, Beaver County Industrial Development Authority, Pennsylvania, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generation Project, Series 2008A, 2.700%, 4/01/35, Ohio Air Quality Development Authority, Ohio, Air Quality Development Revenue Bonds, FirstEnergy Generation Corporation Project, Series 2009A, 5.700%, 8/01/20, Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Corporation Project, Refunding Series 2009B, 3.100%, 3/01/23, Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23,Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2006B, 0.000%, 1/01/34,Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2008B, 3.625%, 10/01/33, Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2005B, 4.000%, 1/01/34, Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2006A, 3.000%, 5/15/20, Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2006B, 4.000%, 12/01/33, Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2008B, 3.625%, 10/01/33, Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2010A, 3.750%, 7/01/33, Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2010C, 4.000%, 6/01/33, Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, Shippingport Project, First Energy Guarantor, Series 2005A, 3.750%, 12/01/40, Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, Shippingport Project, First Energy Guarantor, Series 2006A, 2.550%, 11/01/41. | |
(9) | For fair value measurement disclosure purposes, investment classified as Level 2. | |
(10) | Non-income producing; issuer has not declared an ex-dividend date within the past twelve months. | |
(11) | Investment has a maturity of greater than one year, but has variable rate and/or demand features which qualify it as a short-term investment. The rate disclosed, as well as the reference rate and spread, where applicable, is that in effect as of the end of the reporting period. This rate changes periodically based on market conditions or a specified market index. | |
144A | Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. | |
AMT | Alternative Minimum Tax | |
ETM | Escrowed to maturity | |
PIK | Payment-in-kind (“PIK”) security. Depending on the terms of the security, income may be received in the form of cash, securities, or a combination of both. The PIK rate shown, where applicable, represents the annualized rate of the last PIK payment made by the issuer as of the end of the reporting period. | |
SIFMA | Securities Industry and Financial Market Association | |
SOFR | Secured Overnight Financing Rate | |
WI/DD | Purchased on a when-issued or delayed delivery basis. |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
LONG-TERM INVESTMENTS – 92.8% | ||||||
MUNICIPAL BONDS – 92.7% | ||||||
Alabama – 3.1% | ||||||
$ 1,000 | Birmingham Airport Authority, Alabama, Airport Revenue Bonds, Series 2020, 5.000%, 7/01/27 – BAM Insured | No Opt. Call | AA | $1,233,550 | ||
6,335 | Black Belt Energy Gas District, Alabama, Gas PrePay Revenue Bonds, Project 3 Series 2018A, 4.000%, 12/01/48 (Mandatory Put 12/01/23) | 9/23 at 100.31 | A2 | 6,773,699 | ||
3,000 | Black Belt Energy Gas District, Alabama, Gas PrePay Revenue Bonds, Project 6 Series 2021B, 4.000%, 10/01/52 (Mandatory Put 12/01/26) | 9/26 at 100.79 | A2 | 3,434,610 | ||
4,105 | Black Belt Energy Gas District, Alabama, Gas Supply Revenue Bonds, Series 2017A, 4.000%, 8/01/47 (Mandatory Put 7/01/22) | 4/22 at 100.52 | Aa2 | 4,199,046 | ||
Chatom Industrial Development Board, Alabama, Gulf Opportunity Zone Revenue Bonds, PowerSouth Energy Cooperative, Refunding Series 2020: | ||||||
385 | 5.000%, 8/01/22 – AGM Insured | No Opt. Call | AA | 398,979 | ||
450 | 5.000%, 8/01/23 – AGM Insured | No Opt. Call | AA | 486,859 | ||
350 | Gardendale, Alabama, General Obligation Warrants, Series 2021B, 4.000%, 5/01/25 | No Opt. Call | AA- | 391,787 | ||
7,475 | Southeast Alabama Gas Supply District, Alabama, Gas Supply Revenue Bonds, Project 2, Fixed Rate Series 2018A, 4.000%, 6/01/49 (Mandatory Put 6/01/24) | 3/24 at 100.29 | A1 | 8,113,365 | ||
1,000 | Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 1, Series 2021A, 4.000%, 10/01/25 | No Opt. Call | A2 | 1,125,440 | ||
650 | Tuscaloosa County Industrial Development Authority, Alabama, Gulf Opportunity Zone Bonds, Hunt Refining Project, Refunding Series 2019A, 4.500%, 5/01/32, 144A | 5/29 at 100.00 | N/R | 699,950 | ||
24,750 | Total Alabama | 26,857,285 | ||||
Alaska – 0.1% | ||||||
1,000 | North Slope Borough, Alaska, General Obligation Bonds, Refunding School Series 2021B, 5.000%, 6/30/24 | No Opt. Call | AA | 1,127,560 | ||
Arizona – 2.8% | ||||||
385 | Arizona Industrial Development Authority, Hospital Revenue Bonds, Phoenix Children's Hospital, Series 2021A, 5.000%, 2/01/26 (WI/DD, Settling 11/03/21) | No Opt. Call | AA- | 453,272 | ||
1,320 | Chandler Industrial Development Authority, Arizona, Industrial Development Revenue Bonds, Intel Corporation Project, Series 2007, 2.700%, 12/01/37 (Mandatory Put 8/14/23) (AMT) | No Opt. Call | A+ | 1,373,539 | ||
6,880 | Chandler Industrial Development Authority, Arizona, Industrial Development Revenue Bonds, Intel Corporation Project, Series 2019, 5.000%, 6/01/49 (Mandatory Put 6/03/24) (AMT) | 6/24 at 100.00 | A+ | 7,686,130 | ||
1,820 | Coconino County, Arizona, Pollution Control Revenue Bonds, Nevada Power Company Project, Refunding Series 2017A, 1.875%, 9/01/32 (Mandatory Put 3/31/23) (AMT) | No Opt. Call | A+ | 1,856,309 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Arizona (continued) | ||||||
Maricopa County Industrial Development Authority, Arizona, Hospital Revenue Bonds, HonorHealth, Series 2019A: | ||||||
$ 450 | 5.000%, 9/01/22 | No Opt. Call | A+ | $469,661 | ||
500 | 5.000%, 9/01/23 | No Opt. Call | A+ | 545,390 | ||
1,635 | Maricopa County Special Health Care District, Arizona, General Obligation Bonds, Series 2021D, 5.000%, 7/01/24 | No Opt. Call | Aa3 | 1,844,247 | ||
2,450 | Maricopa County Unified School District 4 Mesa, Arizona, General Obligation Bonds, School Improvement, Project of 2018 Series 2020C, 5.000%, 7/01/25 | No Opt. Call | Aa2 | 2,863,805 | ||
1,250 | Maricopa County Unified School District 48, Scottsdale, Arizona, General Obligation Bonds, Refunding Series 2020, 5.000%, 7/01/24 | No Opt. Call | Aa1 | 1,410,712 | ||
Phoenix Civic Improvement Corporation, Arizona, Airport Revenue Bonds, Junior Lien Series 2019B: | ||||||
1,500 | 5.000%, 7/01/24 (AMT) | No Opt. Call | A1 | 1,684,500 | ||
3,500 | 5.000%, 7/01/26 (AMT) | No Opt. Call | A1 | 4,185,195 | ||
21,690 | Total Arizona | 24,372,760 | ||||
California – 2.2% | ||||||
5,605 | California Health Facilities Financing Authority, Revenue Bonds, Kaiser Permanente System, Series 2017C, 5.000%, 8/01/31 (Mandatory Put 11/01/22) | No Opt. Call | AA- | 5,892,424 | ||
2,990 | Mount San Antonio Community College District, Los Angeles County, California, General Obligation Bonds, Bond Anticipation Notes Series 2017, 0.000%, 4/01/22 (ETM) | No Opt. Call | Aa1 (4) | 2,987,339 | ||
1,730 | Orange County Transportation Authority, California, Bond Anticipation Notes, I-405 Improvement Project, Series 2021, 5.000%, 10/15/24 | No Opt. Call | AA | 1,973,636 | ||
7,465 | San Francisco Airports Commission, California, Revenue Bonds, San Francisco International Airport, Refunding Second Series 2017D, 5.000%, 5/01/23 (AMT) | No Opt. Call | A1 | 8,014,126 | ||
500 | West Contra Costa Unified School District, Contra Costa County, California, General Obligation Bonds, Series 2008B, 6.000%, 8/01/25 | No Opt. Call | AA- | 602,455 | ||
18,290 | Total California | 19,469,980 | ||||
Colorado – 3.3% | ||||||
Bromley Park Metropolitan District No 2, In the City of Brighton, Adams and Weld Counties, Colorado, Senior General Obligation Limited Tax Refunding Bonds, Series 2018A: | ||||||
250 | 5.000%, 12/01/21 – BAM Insured | No Opt. Call | AA | 251,823 | ||
550 | 5.000%, 12/01/22 – BAM Insured | No Opt. Call | AA | 578,644 | ||
250 | Canon City Area Fire Protection District, Fremont County, Colorado, Certificates of Participation, Series 2021F, 4.000%, 12/01/25 – AGM Insured | No Opt. Call | AA | 283,157 | ||
Colorado Educational and Cultural Facilities Authority, Revenue Bonds, Aspen View Academy Project, Series 2021: | ||||||
50 | 4.000%, 5/01/24 | No Opt. Call | Baa3 | 53,587 | ||
100 | 4.000%, 5/01/26 | No Opt. Call | Baa3 | 110,816 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
Colorado Health Facilities Authority, Colorado, Revenue Bonds, Boulder Community Health Project, Series 2020: | ||||||
$ 400 | 5.000%, 10/01/21 | No Opt. Call | A- | $400,000 | ||
300 | 5.000%, 10/01/23 | No Opt. Call | A- | 327,387 | ||
350 | 5.000%, 10/01/24 | No Opt. Call | A- | 395,146 | ||
200 | 5.000%, 10/01/25 | No Opt. Call | A- | 232,842 | ||
250 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-2, 5.000%, 8/01/25 | No Opt. Call | BBB+ | 291,267 | ||
2,325 | Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019B-1, 5.000%, 8/01/49 (Mandatory Put 8/01/25) | 2/25 at 100.00 | BBB+ | 2,650,221 | ||
Crystal Valley Metropolitan District 2, Douglas County, Colorado, Limited Tax General Obligation Bonds, Refunding & Improvement Series 2020A: | ||||||
140 | 5.000%, 12/01/23 – AGM Insured | No Opt. Call | AA | 153,800 | ||
175 | 5.000%, 12/01/24 – AGM Insured | No Opt. Call | AA | 199,318 | ||
2,000 | Denver City and County, Colorado, Airport System Revenue Bonds, Series 2017A, 5.000%, 11/15/21 (AMT) | No Opt. Call | AA- | 2,011,000 | ||
1,000 | Denver City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2013A, 5.000%, 11/15/22 (AMT) | No Opt. Call | A+ | 1,053,340 | ||
Denver City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2018A: | ||||||
5,000 | 5.000%, 12/01/22 (AMT) | No Opt. Call | A+ | 5,277,200 | ||
2,000 | 5.000%, 12/01/25 (AMT) | No Opt. Call | A+ | 2,351,480 | ||
1,000 | Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel, Refunding Senior Lien Series 2016, 4.000%, 12/01/21 | No Opt. Call | Baa2 | 1,005,550 | ||
1,000 | E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 2020A, 5.000%, 9/01/27 | No Opt. Call | A | 1,235,390 | ||
Foothills Park and Recreation District, Jefferson County, Colorado, Lease Revenue Bonds, Certificates of Participation, Series 2021: | ||||||
220 | 4.000%, 12/01/24 | No Opt. Call | AA- | 244,352 | ||
200 | 4.000%, 12/01/25 | No Opt. Call | AA- | 227,584 | ||
2,000 | Grand River Hospital District, Garfield and Mesa Counties, Colorado, General Obligation Bonds, Series 2018, 5.000%, 12/01/21 – AGM Insured | No Opt. Call | AA | 2,014,220 | ||
525 | Groundwater Management Subdistrict, Adams, Morgan and Weld Counties, Colorado, Limited Tax General Obligation Bonds, Series 2021, 5.000%, 12/01/24 – BAM Insured | No Opt. Call | AA | 598,841 | ||
225 | Johnstown, Colorado, Wastewater Revenue Bonds, Series 2021, 5.000%, 12/01/25 – AGM Insured | No Opt. Call | AA | 265,657 | ||
4,855 | Moffat County, Colorado, Pollution Control Revenue Bonds, Tri-State Generation and Transmission Association, Inc Project, Refunding Series 2009, 2.000%, 3/01/36 (Mandatory Put 10/03/22) | No Opt. Call | A3 | 4,932,340 | ||
225 | Northglenn Urban Renewal Authority, Northglenn, Colorado, Tax Increment Revenue Bonds, Urban Renewal Plan 2, Series 2019, 4.000%, 12/01/21 | No Opt. Call | BBB- | 226,076 | ||
500 | Sand Creek Metropolitan District, Colorado, General Obligation Limited Tax Bonds, Refunding Series 2020A, 4.000%, 12/01/22 – AGM Insured | No Opt. Call | AA | 520,450 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Colorado (continued) | ||||||
Vauxmont Metropolitan District, Arvada, Colorado, Limited Tax General Obligation and Special Revenue Bonds, Convertible to Unlimited Tax Refunding Subordinate Series 2019: | ||||||
$ 100 | 5.000%, 12/15/21 – AGM Insured | No Opt. Call | AA | $100,881 | ||
105 | 5.000%, 12/15/22 – AGM Insured | No Opt. Call | AA | 110,588 | ||
260 | 5.000%, 12/15/24 – AGM Insured | No Opt. Call | AA | 295,565 | ||
Westminster Public Schools, Adams County, Colorado, Certificates of Participation, Improvement Series 2020A: | ||||||
175 | 4.000%, 12/01/23 – AGM Insured | No Opt. Call | AA | 188,101 | ||
200 | 4.000%, 12/01/24 – AGM Insured | No Opt. Call | AA | 220,876 | ||
26,930 | Total Colorado | 28,807,499 | ||||
Connecticut – 0.5% | ||||||
465 | Connecticut Health and Educational Facilities Authoroity, Revneue Bonds, Connecticut State University System, Series 2011J, 5.000%, 11/01/25 (Pre-refunded 11/01/21) | 11/21 at 100.00 | Aa3 (4) | 466,688 | ||
2,030 | Connecticut State, Special Tax Obligation Bonds, Transportation Infrastructure Purposes, Refunding Series 2015B, 5.000%, 8/01/26 | 8/25 at 100.00 | AA- | 2,372,644 | ||
1,200 | Connecticut State, Special Tax Obligation Bonds, Transportation Infrastructure Purposes, Series 2020A, 5.000%, 5/01/26 | No Opt. Call | AA- | 1,438,380 | ||
3,695 | Total Connecticut | 4,277,712 | ||||
District of Columbia – 1.2% | ||||||
1,205 | Metropolitan Washington DC Airports Authority, Airport System Revenue Bonds, Refunding Series 2017, 5.000%, 10/01/21 (AMT) | No Opt. Call | Aa3 | 1,205,000 | ||
5,000 | Metropolitan Washington DC Airports Authority, Airport System Revenue Bonds, Refunding Series 2021A, 5.000%, 10/01/25 (AMT) | No Opt. Call | Aa3 | 5,849,000 | ||
Washington Convention and Sports Authority, Washington DC, Dedicated Tax Revenue Bonds, Refunding Senior Lien Series 2018A: | ||||||
1,325 | 5.000%, 10/01/22 (ETM) | No Opt. Call | N/R (4) | 1,387,699 | ||
850 | 5.000%, 10/01/22 | No Opt. Call | AA | 889,551 | ||
1,000 | Washington Convention and Sports Authority, Washington DC, Dedicated Tax Revenue Bonds, Refunding Senior Lien Series 2021A, 5.000%, 10/01/26 | No Opt. Call | AA | 1,207,270 | ||
9,380 | Total District of Columbia | 10,538,520 | ||||
Florida – 3.9% | ||||||
1,450 | Broward County, Florida, Airport System Revenue Bonds, Refunding Series 2012P-1, 5.000%, 10/01/22 (AMT) | No Opt. Call | A1 | 1,519,092 | ||
1,000 | Broward County, Florida, Airport System Revenue Bonds, Series 2015A, 5.000%, 10/01/23 (AMT) | No Opt. Call | A1 | 1,092,550 | ||
415 | Broward County, Florida, Airport System Revenue Bonds, Series 2017, 5.000%, 10/01/21 (AMT) | No Opt. Call | A1 | 415,000 | ||
1,300 | Broward County, Florida, Airport System Revenue Bonds, Series 2019A, 5.000%, 10/01/24 (AMT) | No Opt. Call | A1 | 1,473,485 | ||
750 | Broward County, Florida, Port Facilities Revenue Bonds, Series 2019B, 5.000%, 9/01/23 (AMT) | No Opt. Call | A1 | 818,085 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Florida (continued) | ||||||
$ 15,000 | Florida State Board of Education, Public Education Capital Outlay Bonds, Refunding Series 2019A, 5.000%, 6/01/22 | No Opt. Call | AAA | $15,480,300 | ||
1,500 | Greater Orlando Aviation Authority, Florida, Orlando Airport Facilities Revenue Bonds, Refunding Priority Subordinated Series 2016, 5.000%, 10/01/21 (AMT) | No Opt. Call | A1 | 1,500,000 | ||
1,285 | Greater Orlando Aviation Authority, Florida, Orlando Airport Facilities Revenue Bonds, Refunding Series 2015A, 5.000%, 10/01/21 (AMT) | No Opt. Call | Aa3 | 1,285,000 | ||
1,750 | Hillsborough County Aviation Authority, Florida, Revenue Bonds, Tampa International Airport, Series 2018E, 5.000%, 10/01/22 (AMT) | No Opt. Call | Aa3 | 1,833,212 | ||
1,065 | Lake Worth Beach, Florida, Consolidated Utility Revenue Bonds, Series 2020, 5.000%, 10/01/25 – BAM Insured | No Opt. Call | AA | 1,250,438 | ||
1,035 | Miami Health Facilities Authority, Florida, Health Facilities Revenue Bonds, Miami Jewish Health System Inc Project, Series 2017, 5.000%, 7/01/22 | No Opt. Call | BB+ | 1,040,517 | ||
2,740 | Orange County Health Facilities Authority, Florida, Hospital Revenue Bonds, Advent Health Obligated Group, Series 2021C, 5.000%, 11/15/52 (Mandatory Put 11/15/26) | No Opt. Call | AA | 3,318,825 | ||
2,000 | Palm Bay, Florida, General Obligation Bonds, Series 2021, 5.000%, 7/01/26 – AGM Insured | No Opt. Call | AA | 2,405,000 | ||
Tampa, Florida, Revenue Bonds, H Lee Moffitt Cancer Center and Research Institute, Series 2020B: | ||||||
200 | 5.000%, 7/01/22 | No Opt. Call | A2 | 207,024 | ||
340 | 5.000%, 7/01/25 | No Opt. Call | A2 | 395,223 | ||
225 | 5.000%, 7/01/26 | No Opt. Call | A2 | 269,280 | ||
32,055 | Total Florida | 34,303,031 | ||||
Georgia – 1.5% | ||||||
1,000 | Atlanta, Georgia, Airport General Revenue Bonds, Refunding Series 2020B, 5.000%, 7/01/24 (AMT) | No Opt. Call | Aa3 | 1,123,000 | ||
580 | Atlanta, Georgia, Airport General Revenue Bonds, Refunding Series 2021C, 5.000%, 7/01/26 (AMT) (WI/DD, Settling 10/06/21) | No Opt. Call | Aa3 | 693,419 | ||
3,555 | Main Street Natural Gas Inc, Georgia, Gas Supply Revenue Bonds, Series 2019B, 4.000%, 8/01/49 (Mandatory Put 12/02/24) | 9/24 at 100.43 | Aa2 | 3,918,641 | ||
Main Street Natural Gas Inc, Georgia, Gas Supply Revenue Bonds, Series 2021C: | ||||||
750 | 4.000%, 12/01/24 | No Opt. Call | A3 | 831,518 | ||
1,100 | 4.000%, 12/01/25 | No Opt. Call | A3 | 1,247,345 | ||
2,470 | Main Street Natural Gas Inc, Georgia, Gas Supply Revenue Bonds, Variable Rate Demand Bonds Series 2018A, 4.000%, 9/01/22 | No Opt. Call | Aa2 | 2,553,881 | ||
Private Colleges and Universities Authority, Georgia, Revenue Bonds, Mercer University, Series 2021: | ||||||
300 | 5.000%, 10/01/23 | No Opt. Call | Baa1 | 327,450 | ||
400 | 5.000%, 10/01/24 | No Opt. Call | Baa1 | 453,764 | ||
425 | 5.000%, 10/01/25 | No Opt. Call | Baa1 | 497,165 | ||
1,000 | Richmond County Board of Education, Georgia, General Obligation Bonds, Sales Tax Series 2021, 5.000%, 10/01/25 | No Opt. Call | AA+ | 1,178,890 | ||
11,580 | Total Georgia | 12,825,073 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Hawaii – 0.1% | ||||||
Hawaii State, Harbor System Revenue Bonds, Series 2020A: | ||||||
$ 300 | 5.000%, 7/01/24 (AMT) | No Opt. Call | Aa3 | $336,201 | ||
800 | 5.000%, 7/01/25 (AMT) | No Opt. Call | Aa3 | 927,032 | ||
1,100 | Total Hawaii | 1,263,233 | ||||
Idaho – 0.2% | ||||||
1,710 | Idaho Health Facilities Authority, Revenue Bonds, Madison Memorial Hospital Project, Refunding Series 2016, 5.000%, 9/01/22 | No Opt. Call | BB+ | 1,770,979 | ||
Illinois – 6.1% | ||||||
400 | Board of Regents of Illinois State University, Auxiliary Facilities System Revenue Bonds, Series 2018A, 5.000%, 4/01/22 – AGM Insured | No Opt. Call | AA | 409,196 | ||
Board of Trustees of Southern Illinois University, Housing and Auxiliary Facilities System Revenue Bonds, Refunding Series 2021A: | ||||||
650 | 4.000%, 4/01/23 – BAM Insured | No Opt. Call | AA | 686,263 | ||
1,200 | 4.000%, 4/01/25 – BAM Insured | No Opt. Call | AA | 1,335,672 | ||
400 | Champaign County Community Unit School District 166 Urbana, Illinois, General Obligation Bonds, Limited Tax Series 2021B, 3.000%, 12/01/24 – AGM Insured | No Opt. Call | AA | 430,312 | ||
3,000 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2017E, 5.000%, 12/01/21 | No Opt. Call | BB | 3,022,050 | ||
425 | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2019A, 0.000%, 12/01/25 | No Opt. Call | BB | 403,470 | ||
1,000 | Chicago Transit Authority, Illinois, Capital Grant Receipts Revenue Bonds, Federal Transit Administration Section 5307 Urbanized Area Formula Funds, Refunding Series 2017, 5.000%, 6/01/24 | No Opt. Call | A | 1,118,650 | ||
4,795 | Chicago, Illinois, General Airport Revenue Bonds, O'Hare International Airport, Refunding Senior Lien Series 2012A, 5.000%, 1/01/24 (Pre-refunded 1/01/22) (AMT) | 1/22 at 100.00 | A (4) | 4,850,526 | ||
1,200 | Cook County, Illinois, General Obligation Bonds, Refunding Series 2018, 5.000%, 11/15/21 | No Opt. Call | A+ | 1,206,660 | ||
2,500 | Cook County, Illinois, General Obligation Bonds, Refunding Series 2021A, 5.000%, 11/15/24 | No Opt. Call | A+ | 2,851,425 | ||
Illinois Finance Authority, Health Services Facility Lease Revenue Bonds, Provident Group - UIC Surgery Center, LLC - University of Illinois Health Services Facility Project, Series 2020: | ||||||
400 | 5.000%, 10/01/23 | No Opt. Call | BBB+ | 434,428 | ||
400 | 5.000%, 10/01/24 | No Opt. Call | BBB+ | 450,452 | ||
400 | 5.000%, 10/01/25 | No Opt. Call | BBB+ | 464,488 | ||
1,575 | Illinois Finance Authority, Revenue Bonds, Centegra Health System, Series 2012, 5.000%, 9/01/32 (Pre-refunded 9/01/22) | 9/22 at 100.00 | AA+ (4) | 1,644,001 | ||
Illinois Finance Authority, Revenue Bonds, Northshore University HealthSystem, Series 2020A: | ||||||
1,000 | 5.000%, 8/15/22 | No Opt. Call | AA- | 1,041,570 | ||
1,000 | 5.000%, 8/15/23 | No Opt. Call | AA- | 1,088,510 | ||
1,000 | 5.000%, 8/15/24 | No Opt. Call | AA- | 1,133,340 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Illinois (continued) | ||||||
$ 5,350 | Illinois Finance Authority, Revenue Bonds, OSF Healthcare System, Series 2020B-1, 5.000%, 5/15/50 (Mandatory Put 11/15/24) | 5/24 at 100.00 | A | $5,979,213 | ||
1,670 | Illinois Finance Authority, Revenue Bonds, OSF Healthcare System, Series 2020B-2, 5.000%, 5/15/50 (Mandatory Put 11/15/26) | 5/26 at 100.00 | A | 1,986,432 | ||
250 | Illinois Finance Authority, Revenue Bonds, Rush University Medical Center Obligated Group, Series 2015A, 5.000%, 11/15/22 | No Opt. Call | AA- | 263,190 | ||
575 | Illinois Finance Authority, Water Facilities Revenue Bonds, American Water Capital Corporation Project, Refunding Series 2020, 0.700%, 5/01/40 (Mandatory Put 9/01/23) | No Opt. Call | A | 575,328 | ||
2,000 | Illinois State, General Obligation Bonds, May Series 2020, 5.500%, 5/01/24 | No Opt. Call | BBB | 2,252,220 | ||
3,100 | Illinois State, General Obligation Bonds, November Series 2017D, 5.000%, 11/01/23 | No Opt. Call | BBB | 3,389,571 | ||
1,935 | Illinois State, Sales Tax Revenue Bonds, Build Illinois, Refunding Junior Obligation September Series 2021C, 5.000%, 6/15/26 | No Opt. Call | BBB+ | 2,304,837 | ||
1,250 | Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Refunding Senior Lien Series 2018A, 5.000%, 1/01/22 | No Opt. Call | AA- | 1,264,675 | ||
5,225 | Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Refunding Senior Lien Series 2019C, 5.000%, 1/01/25 | No Opt. Call | AA- | 5,985,917 | ||
Joliet Park District, Will County, Illinois, General Obligation Bonds, Limited Tax Park Series 2021: | ||||||
500 | 4.000%, 2/01/22 – BAM Insured | No Opt. Call | AA | 505,835 | ||
360 | 4.000%, 2/01/23 – BAM Insured | No Opt. Call | AA | 376,751 | ||
400 | 4.000%, 2/01/24 – BAM Insured | No Opt. Call | AA | 431,136 | ||
Macon County School District 61 Decatur, Illinois, General Obligation Bonds, Alternate Revenue Source Refunding School Series 2020C: | ||||||
400 | 4.000%, 1/01/23 – AGM Insured | No Opt. Call | AA | 418,024 | ||
355 | 4.000%, 1/01/26 – AGM Insured | No Opt. Call | AA | 404,263 | ||
125 | Madison, Macoupin, Jersey, Calhoun, Morgan, Scott, and Greene Counties Community College District 536, Illinois, General Obligation Bonds, Lewis & Clark Community College, Refunding Series 2020, 4.000%, 5/01/22 – AGM Insured | No Opt. Call | AA | 127,640 | ||
2,750 | Railsplitter Tobacco Settlement Authority, Illinois, Tobacco Settlement Revenue Bonds, Series 2017, 5.000%, 6/01/22 | No Opt. Call | A | 2,836,735 | ||
Southwestern Illinois Development Authority, Local Government Program Revenue Bonds, Southwestern Illinois Flood District Council Project, Series 2020: | ||||||
500 | 4.000%, 4/15/23 | No Opt. Call | AA- | 526,785 | ||
450 | 5.000%, 4/15/24 | No Opt. Call | AA- | 499,648 | ||
1,000 | Will County Community High School District 210 Lincoln-Way, Illinois, General Obligation Bonds, Refunding Series 2020, 4.000%, 1/01/22 – AGM Insured | No Opt. Call | AA | 1,008,520 | ||
49,540 | Total Illinois | 53,707,733 | ||||
Indiana – 1.5% | ||||||
, Vigo County, Indiana, Ad Valorem Property Tax First Mortgage Bonds, Series 2021: | ||||||
515 | 4.000%, 7/15/24 | No Opt. Call | AA+ | 565,130 | ||
525 | 4.000%, 1/15/25 | No Opt. Call | AA+ | 584,094 | ||
535 | 4.000%, 7/15/25 | No Opt. Call | AA+ | 602,480 | ||
950 | Elkhart Community School Building Corporation, Indiana, First Mortgage Bonds, Series 2021, 5.000%, 1/15/25 | No Opt. Call | AA+ | 1,090,135 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Indiana (continued) | ||||||
$ 675 | Fort Wayne Community Schools Building Corporation, Allen County, Indiana, Unlimited Ad Valorem Property Tax First Mortgage Bonds, Series 2021, 4.000%, 1/15/23 | No Opt. Call | AA+ | $707,420 | ||
1,500 | Franklin, Indiana, Economic Development Revenue Bonds, Otterbein Homes Obligated Group, Series 2019B, 5.000%, 7/01/24 | No Opt. Call | A | 1,682,760 | ||
1,125 | Indiana Finance Authority, Hospital Revenue Bonds, Indiana Unversity Health Obligation Group, Long Term Rate Series 2019B, 2.250%, 12/01/58 (Mandatory Put 7/01/25) | 1/25 at 100.00 | AA | 1,183,646 | ||
700 | Indiana Finance Authority, Hospital Revenue Bonds, Marion General Hospital Project, Series 2021A, 5.000%, 7/01/26 | No Opt. Call | A | 837,039 | ||
900 | Indiana Finance Authority, Wastewater Utility Revenue Bonds, CWA Authority Project, Refunding First Lien Series 2021-1, 5.000%, 10/01/24 | No Opt. Call | AA- | 1,024,146 | ||
Tippecanoe School Corporation, Indiana, General Obligation Bonds, Series 2020: | ||||||
1,080 | 4.000%, 1/15/24 | No Opt. Call | Aa2 | 1,164,607 | ||
1,090 | 4.000%, 7/15/24 | No Opt. Call | Aa2 | 1,189,757 | ||
700 | Warrick County, Indiana, Environmental Improvement Revenue Bonds, Southern Indiana Gas and Electric Company, Series 2015, 0.875%, 9/01/55 (Mandatory Put 9/01/23) (AMT) | No Opt. Call | A1 | 700,203 | ||
Zionsville Community Schools Building Corporation, Boone County, Indiana, First Mortgage Bonds, Series 2020: | ||||||
300 | 4.000%, 1/15/25 | No Opt. Call | AA+ | 334,497 | ||
500 | 4.000%, 7/15/25 | No Opt. Call | AA+ | 564,265 | ||
700 | 4.000%, 1/15/26 | No Opt. Call | AA+ | 798,791 | ||
11,795 | Total Indiana | 13,028,970 | ||||
Iowa – 2.7% | ||||||
Iowa Finance Authority Senior Living Facilities Revenue Bonds, Sunrise Retirement Community Project, Refunding Series 2021: | ||||||
335 | 4.000%, 9/01/24 | No Opt. Call | N/R | 348,909 | ||
115 | 4.000%, 9/01/25 | No Opt. Call | N/R | 120,682 | ||
1,000 | Iowa Finance Authority, Healthcare Revenue Bonds, Genesis Health System, Series 2013A, 5.000%, 7/01/25 (Pre-refunded 7/01/23) | 7/23 at 100.00 | A1 (4) | 1,082,670 | ||
250 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Refunding Series 2019, 3.125%, 12/01/22 | 10/21 at 103.00 | BB- | 253,920 | ||
145 | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2018B, 5.250%, 12/01/50 (Mandatory Put 12/01/37) | 12/22 at 105.00 | BB- | 158,326 | ||
7,000 | Iowa Finance Authority, Solid Waste Facility Revenue Bonds, Gevo NW Iowa RNG, LLC Renewable Natural Gas Project, Green Series 2021, 1.500%, 1/01/42 (Mandatory Put 4/01/24) (AMT) | 10/22 at 100.00 | Aa3 | 7,047,670 | ||
Sioux City Community School District, Iowa, School Infrastructure Sales, Services and Use Tax Revenue Bonds, Refunding Series 2020: | ||||||
5,400 | 3.000%, 10/01/23 – BAM Insured | No Opt. Call | AA | 5,660,172 | ||
2,500 | 3.000%, 10/01/24 – BAM Insured | No Opt. Call | AA | 2,672,225 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Iowa (continued) | ||||||
Southeast Polk Community School District, Polk, Jasper and Marion Counties, Iowa, General Obligation Bonds, School Series 2020A: | ||||||
$ 1,400 | 5.000%, 5/01/24 | No Opt. Call | AA- | $1,567,342 | ||
3,750 | 5.000%, 5/01/25 | No Opt. Call | AA- | 4,351,800 | ||
21,895 | Total Iowa | 23,263,716 | ||||
Kansas – 0.3% | ||||||
Kansas Municipal Energy Agency, Power Project Revenue Bonds, Dogwood Project, Series 2018A: | ||||||
500 | 5.000%, 4/01/22 – BAM Insured | No Opt. Call | AA | 511,595 | ||
500 | 5.000%, 4/01/23 – BAM Insured | No Opt. Call | AA | 534,790 | ||
1,760 | Wichita, Kansas, Water and Sewer Utility Revenue Bonds, Series 2021A, 4.000%, 10/01/25 – BAM Insured | No Opt. Call | AA | 2,002,334 | ||
2,760 | Total Kansas | 3,048,719 | ||||
Kentucky – 1.2% | ||||||
445 | Bullitt County School District Finance Corporation, Kentucky, School Building Revenue Bonds, Series 2020, 4.000%, 12/01/25 | No Opt. Call | A1 | 504,412 | ||
1,435 | Kentucky Rural Water Finance Corporation, Public Projects Construction Notes, Series E-2020-1, 0.425%, 12/01/21 | 10/21 at 100.00 | N/R | 1,435,043 | ||
3,785 | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2018B, 4.000%, 1/01/49 (Mandatory Put 1/01/25) | 10/24 at 100.24 | A2 | 4,169,859 | ||
4,170 | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2018C-1, 4.000%, 12/01/49 (Mandatory Put 6/01/25) | 3/25 at 100.19 | A1 | 4,645,630 | ||
9,835 | Total Kentucky | 10,754,944 | ||||
Louisiana – 1.9% | ||||||
6,000 | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Ochsner Clinic Foundation Project, Series 2020B, 5.000%, 5/15/50 (Mandatory Put 5/15/25) | 11/24 at 102.04 | A | 6,914,340 | ||
1,000 | Louisiana Stadium and Exposition District, Revenue Bonds, Bond Anticipation Notes Series 2021, 4.000%, 7/03/23 | 4/23 at 100.00 | BBB+ | 1,050,220 | ||
2,310 | Louisiana State, Gasoline and Fuels Tax Revenue Bonds, Refunding Second Lien Series 2017D-2, 0.550%, 5/01/43 (Mandatory Put 5/01/22) | 10/21 at 100.00 | Aa3 | 2,310,531 | ||
900 | Louisiana State, General Obligation Bonds, Grant Anticipation Series 2021, 5.000%, 9/01/24 | No Opt. Call | AA | 1,022,031 | ||
2,465 | Saint John the Baptist Parish, Louisiana, Revenue Bonds, Marathon Oil Corporation Project, Refunding Series 2017A-1, 2.000%, 6/01/37 (Mandatory Put 4/01/23) | No Opt. Call | BBB- | 2,507,275 | ||
2,500 | Saint John the Baptist Parish, Louisiana, Revenue Bonds, Marathon Oil Corporation Project, Refunding Series 2017B-1, 2.125%, 6/01/37 (Mandatory Put 7/01/24) | No Opt. Call | BBB- | 2,582,725 | ||
15,175 | Total Louisiana | 16,387,122 | ||||
Maryland – 0.7% | ||||||
1,040 | Maryland Health and HIgher Educational Facilities Authority, Revenue Bonds, University of Maryland Medical Systems, Series 2020B-1, 5.000%, 7/01/45 (Mandatory Put 7/01/25) | 1/25 at 100.00 | A | 1,186,401 | ||
4,000 | Maryland Health and HIgher Educational Facilities Authority, Revenue Bonds, University of Maryland Medical Systems, Series 2020B-2, 5.000%, 7/01/45 (Mandatory Put 7/01/27) | 1/27 at 100.00 | A | 4,816,000 | ||
5,040 | Total Maryland | 6,002,401 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Massachusetts – 1.0% | ||||||
$ 515 | Attleboro, Massachusetts, General Obligation Bonds, Municipal Purpose Loan Series 2021, 5.000%, 5/01/25 | No Opt. Call | AA | $599,244 | ||
Massachusetts Development Finance Agency, Revenue Bonds, Wellforce Issue, Series 2020C: | ||||||
725 | 5.000%, 10/01/25 – AGM Insured | No Opt. Call | AA | 846,235 | ||
350 | 5.000%, 10/01/26 – AGM Insured | No Opt. Call | AA | 420,263 | ||
210 | Massachusetts Development Finance Agency, Revenue Bonds, Williams College, Series 2011N, 0.450%, 7/01/41 (Mandatory Put 7/01/25) | 1/25 at 100.00 | AA+ | 209,122 | ||
Massachusetts Educational Financing Authority, Education Loan Revenue Bonds, Issue L, Senior Series 2020B: | ||||||
880 | 5.000%, 7/01/25 (AMT) | No Opt. Call | AA | 1,017,966 | ||
1,250 | 5.000%, 7/01/26 (AMT) | No Opt. Call | AA | 1,485,087 | ||
Massachusetts Educational Financing Authority, Education Loan Revenue Bonds, Issue M, Taxable Senior Series 2021B: | ||||||
1,075 | 5.000%, 7/01/25 (AMT) | No Opt. Call | AA | 1,243,538 | ||
1,000 | 5.000%, 7/01/26 (AMT) | No Opt. Call | AA | 1,188,070 | ||
1,000 | Massachusetts Educational Financing Authority, Education Loan Revenue Bonds, Refunding Series 2019B, 5.000%, 7/01/23 (AMT) | No Opt. Call | AA | 1,079,170 | ||
1,100 | The Commonwealth of Massachusetts General Obligation Bonds Consolidated Loan of 2014, Series D (Multi-Modal Bonds) Subseries D-2, 1.700%, 8/01/43 (Mandatory Put 8/01/22) | No Opt. Call | Aa1 | 1,113,871 | ||
8,105 | Total Massachusetts | 9,202,566 | ||||
Michigan – 2.2% | ||||||
Allegan County Public School District, Michigan, General Obligation Bonds, School Building & Site Series 2021I: | ||||||
785 | 4.000%, 5/01/23 | No Opt. Call | AA | 830,805 | ||
905 | 4.000%, 5/01/24 | No Opt. Call | AA | 988,767 | ||
Michigan Finance Authority, Michigan, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2017A-MI: | ||||||
1,705 | 5.000%, 12/01/22 | No Opt. Call | AA- | 1,800,957 | ||
940 | 5.000%, 12/01/23 | No Opt. Call | AA- | 1,035,448 | ||
1,715 | Michigan Finance Authority, Revenue Bonds, Ascension Senior Credit Group, Refunding Series 2016E-1, 4.000%, 11/15/44 (Mandatory Put 8/15/24) | No Opt. Call | AA+ | 1,893,789 | ||
Michigan Finance Authority, State Aid Revenue Notes, Series 2020A-1: | ||||||
2,395 | 3.000%, 7/20/22 | No Opt. Call | N/R | 2,449,606 | ||
4,250 | 3.000%, 8/22/22 | No Opt. Call | N/R | 4,357,610 | ||
1,440 | Michigan State Hospital Finance Authority, Revenue Bonds, McLaren Health Care Corporation, Refunding Series 2012A, 5.000%, 6/01/24 | 6/22 at 100.00 | AA- | 1,484,841 | ||
2,000 | Michigan State, Trunk Line Fund Bonds, Refunding Series 2020A, 5.000%, 11/15/21 | No Opt. Call | AA+ | 2,011,160 | ||
1,000 | Royal Oak Hospital Finance Authority, Michigan, Hospital Revenue Bonds, William Beaumont Hospital Obligated Group, Refunding Series 2014D, 5.000%, 9/01/23 | No Opt. Call | A+ | 1,089,570 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Michigan (continued) | ||||||
$ 1,590 | Saginaw City School District, Saginaw County, Michigan, General Obligation Bonds, School Building & Site, Series 2021, 4.000%, 5/01/23 | No Opt. Call | AA | $ 1,681,727 | ||
18,725 | Total Michigan | 19,624,280 | ||||
Minnesota – 7.5% | ||||||
515 | Alexandria Independent School District 206, Douglas County, Minnesota, General Obligation Bonds, Series 2021A, 3.000%, 2/01/26 | No Opt. Call | A2 | 560,377 | ||
145 | Apple Valley, Minnesota Senior Housing Revenue Bonds, PHS Apple Valley Senior Housing, Inc. Orchard Path Phase II Project, Series 2021, 4.000%, 9/01/25 | No Opt. Call | N/R | 156,823 | ||
240 | Baytown Township, Minnesota Charter School Lease Revenue Bonds, Saint Croix Preparatory Academy, Refunding Series 2016A, 3.000%, 8/01/22 | No Opt. Call | BB+ | 243,353 | ||
Becker Independent School District 726, Minnesota, General Obligation Bonds, Refunding Series 2020A: | ||||||
735 | 5.000%, 2/01/23 | No Opt. Call | Aa2 | 778,490 | ||
560 | 5.000%, 2/01/24 | No Opt. Call | Aa2 | 618,005 | ||
Becker, Minnesota, General Obligation Bonds, Street Reconstruction, Series 2021A: | ||||||
550 | 4.000%, 2/01/24 | No Opt. Call | A1 | 596,277 | ||
500 | 4.000%, 2/01/25 | No Opt. Call | A1 | 557,800 | ||
750 | Belle Plaine Independent School District 716, Minnesota, General Obligation Bonds, Refunding School Building Series 2020A, 4.000%, 2/01/23 | No Opt. Call | Aa2 | 786,840 | ||
1,175 | Belle Plaine Independent School District 716, Minnesota, General Olibation Bonds, School Building Series 2012A, 5.000%, 2/01/24 | No Opt. Call | Aa2 | 1,301,336 | ||
210 | Chatfield, Minnesota, Healthcare and Housing Facilities Revenue Bonds, Chosen Valley Care Center Project, Refunding Series 2019, 4.000%, 9/01/23 | No Opt. Call | N/R | 216,943 | ||
1,415 | City of Red Wing, Minnesota, General Obligation Bonds, Series 2018A, 5.000%, 2/01/23 | No Opt. Call | Aa2 | 1,502,815 | ||
Duluth Independent School District 709, Minnesota, Certificates of Participation, Refunding Full Term Series 2019B: | ||||||
645 | 5.000%, 2/01/22 | No Opt. Call | Aa2 | 654,024 | ||
755 | 5.000%, 2/01/23 | No Opt. Call | Aa2 | 797,084 | ||
280 | Duluth Independent School District 709, Minnesota, Certificates of Participation, Refunding Full Term Series 2019C, 5.000%, 2/01/23 | No Opt. Call | Aa2 | 295,607 | ||
500 | Duluth Independent School District 709, Minnesota, Certificates of Participation, Refunding Series 2016A, 5.000%, 2/01/24 | No Opt. Call | Aa2 | 549,585 | ||
Duluth Independent School District 709, Minnesota, Certificates of Participation, Refunding Series 2021B: | ||||||
245 | 3.000%, 3/01/22 | No Opt. Call | Ba2 | 246,031 | ||
150 | 3.000%, 3/01/24 | No Opt. Call | Ba2 | 153,864 | ||
2,115 | Elk River Independent School District 728, Minnesota, General Obligation Bonds, Refunding School Building Series 2016A, 5.000%, 2/01/23 | No Opt. Call | Aa2 | 2,250,043 | ||
1,130 | Forest Lake, Minnesota, Charter School Lease Revenue Bonds, Lakes International Language Academy, Series 2019A, 4.375%, 8/01/29 | 8/27 at 102.00 | BB+ | 1,288,223 | ||
505 | Ham Lake, Minnesota Charter School Lease Revenue Bonds, Parnassus Preparatory School Project, Series 2016A, 3.000%, 11/01/21 | No Opt. Call | BB | 505,555 | ||
815 | Metropolitan Council Minneapolis- Saint Paul Metropolitan Area, Minnesota, General Obligation Bonds, Park Series 2021D, 5.000%, 3/01/25 | No Opt. Call | AAA | 943,199 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Minnesota (continued) | ||||||
$ 1,550 | Minneapolis Special School District 1, Hennepin County, Minnesota, General Obligation Bonds, School Building Series 2017A, 5.000%, 2/01/23 | No Opt. Call | AAA | $1,648,332 | ||
210 | Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Twin Cities International Schools Project, Series 2017A, 3.750%, 12/01/22, 144A | No Opt. Call | N/R | 214,450 | ||
500 | Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Yinghua Academy Project, Series 2013A, 6.000%, 7/01/33 | 7/23 at 100.00 | BB+ | 532,710 | ||
1,000 | Minneapolis-Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care System Revenue Bonds, Allina Health System, Refunding Series 2017A, 5.000%, 11/15/24 | No Opt. Call | AA- | 1,142,570 | ||
2,500 | Minneapolis-Saint Paul Metropolitan Council, Minnesota, General Obligation Wastewater Revenue Bonds, Series 2020B, 5.000%, 3/01/25 | No Opt. Call | AAA | 2,893,250 | ||
650 | Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2014A, 5.000%, 1/01/22 | No Opt. Call | A+ | 657,566 | ||
1,000 | Minneapolis-St Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2014B, 5.000%, 1/01/25 (AMT) | 1/24 at 100.00 | A+ | 1,100,290 | ||
435 | Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint John's University, Refunding Series 2021, 4.000%, 10/01/24 | No Opt. Call | A2 | 480,836 | ||
640 | Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2020A, 4.000%, 8/01/25 | No Opt. Call | AA+ | 723,309 | ||
225 | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020A, 1.450%, 7/01/24 (AMT) | No Opt. Call | AA+ | 228,782 | ||
Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2021C: | ||||||
400 | 0.400%, 1/01/23 (AMT) | No Opt. Call | AA+ | 399,904 | ||
300 | 0.450%, 7/01/23 (AMT) | No Opt. Call | AA+ | 299,937 | ||
325 | Minnesota Office of Higher Education, Supplemental Student Loan Program Revenue Bonds, 2020 Senior Series, 5.000%, 11/01/24 (AMT) | No Opt. Call | AA | 365,927 | ||
Minnesota Office of Higher Education, Supplemental Student Loan Program Revenue Bonds, Senior Series 2018: | ||||||
500 | 5.000%, 11/01/22 (AMT) | No Opt. Call | AA | 523,805 | ||
400 | 5.000%, 11/01/23 (AMT) | No Opt. Call | AA | 435,360 | ||
4,695 | Minnesota State, General Obligation Bonds, Refunding Various Purpose Series 2016D, 5.000%, 8/01/22 | No Opt. Call | AAA | 4,884,255 | ||
310 | Montrose, Minnesota, General Obligation Bonds, Series 2021A, 2.000%, 2/01/25 | No Opt. Call | AA | 324,784 | ||
720 | North Oaks, Minnesota, Senior Housing Revenue Bonds, Waverly Gardens Project, Refunding Series 2016, 4.000%, 10/01/23 | No Opt. Call | N/R | 763,956 | ||
9,480 | Rochester, Minnesota, Health Care Facilities Revenue Bonds, Mayo Clinic, Series 2011, 4.500%, 11/15/38 (Mandatory Put 11/15/21) | No Opt. Call | AA | 9,526,168 | ||
1,160 | Rocori Independent School District 750, Stearns County, Minnesota, General Obligation Bonds, Refunding School Building Series 2017A, 5.000%, 2/01/26 | No Opt. Call | Aa2 | 1,373,904 | ||
2,500 | Rosemount Independent School District 196, Dakota County, Minnesota, General Obligation Bonds, School Building Series 2016A, 5.000%, 2/01/23 | No Opt. Call | AAA | 2,658,950 | ||
Roseville Independent School District 623, Ramsey County, Minnesota, Certificates of Participation, Series 2021A: | ||||||
910 | 5.000%, 4/01/22 | No Opt. Call | Baa2 | 930,693 | ||
860 | 5.000%, 4/01/23 | No Opt. Call | Baa2 | 917,973 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Minnesota (continued) | ||||||
$ 2,470 | Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Refunding Series 2014B, 5.000%, 5/01/23 | No Opt. Call | AA- | $2,651,273 | ||
Saint Joseph, Minnesota, General Obligation Bonds, Series 2021A: | ||||||
265 | 4.000%, 12/15/22 | No Opt. Call | AA- | 276,946 | ||
200 | 4.000%, 12/15/23 | No Opt. Call | AA- | 215,910 | ||
330 | 4.000%, 12/15/24 | No Opt. Call | AA- | 366,683 | ||
250 | 4.000%, 12/15/25 | No Opt. Call | AA- | 284,845 | ||
400 | Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Nova Classical Academy, Refunding Series 2021A, 2.000%, 9/01/26 | 9/24 at 102.00 | BB+ | 396,292 | ||
200 | Saint Paul Housing and Redevelopment Authority, Minnesota, Senior Housing and Health Care Revenue Bonds, Episcopal Church Homes Project, Refunding Senior Series 2021A, 1.650%, 11/01/23, 144A | No Opt. Call | N/R | 199,350 | ||
500 | Saint Paul Park, Minnesota, Senior Housing and Health Care Revenue Bonds, Presbyterian Homes Bloomington Project, Refunding Series 2017, 3.000%, 9/01/22 | No Opt. Call | N/R | 507,190 | ||
110 | Sartell, Minnesota, Health Care Facilities Revenue Bonds, Country Manor Campus LLC Project, Refunding Series 2017, 3.000%, 9/01/22 | No Opt. Call | N/R | 110,204 | ||
3,515 | Sauk Rapids Independent School District 047, Benton County, Minnesota, General Obligation Bonds, Refunding School Building Series 2015A, 5.000%, 2/01/23 | No Opt. Call | AAA | 3,736,550 | ||
55 | Savage, Minnesota Charter School Lease Revenue Bonds, Aspen Academy Project, Series 2016A, 3.625%, 10/01/21 | No Opt. Call | N/R | 55,000 | ||
6,790 | South Washington County Independent School District 833, Minnesota, General Obligation Bonds, Refunding School Building Series 2018B, 5.000%, 2/01/22 | No Opt. Call | Aa2 | 6,896,671 | ||
Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone Senior Living Community, Refunding Series 2019: | ||||||
350 | 3.000%, 8/01/22 | No Opt. Call | N/R | 353,993 | ||
300 | 3.000%, 8/01/23 | No Opt. Call | N/R | 307,137 | ||
400 | 3.000%, 8/01/24 | No Opt. Call | N/R | 413,716 | ||
400 | 3.000%, 8/01/25 | 8/24 at 102.00 | N/R | 416,752 | ||
Zumbro Education District 6012, Minnesota, Certificates of Participation Series 2021A: | ||||||
385 | 4.000%, 2/01/22 | No Opt. Call | Baa1 | 389,277 | ||
270 | 4.000%, 2/01/24 | No Opt. Call | Baa1 | 290,299 | ||
62,395 | Total Minnesota | 65,898,073 | ||||
Mississippi – 0.1% | ||||||
1,000 | Warren County, Mississippi, Environmental Improvement Revenue Bonds, International Paper Company Project, Refunding Series 2020B, 1.600%, 8/01/27 (Mandatory Put 6/16/25) (AMT) | No Opt. Call | BBB | 1,035,110 | ||
Missouri – 4.8% | ||||||
650 | Arnold Retail Corridor Transportation Development District, Missouri, Sales Tax Revenue Bonds, Refunding Series 2019, 3.000%, 11/01/28 | 11/24 at 100.00 | N/R | 658,391 | ||
100 | Belton School District 124, Cass County, Missouri, Certificates of Participation, Missouri School Boards Association, Series 2019, 4.000%, 1/15/22 – AGM Insured (ETM) | No Opt. Call | AA (4) | 101,065 | ||
1,230 | Branson Reorganized School District R-4, Taney County, Missouri, General Obligation Bonds, Direct Deposit Program Refunding Series 2020, 4.000%, 3/01/22 | No Opt. Call | AA+ | 1,249,495 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Missouri (continued) | ||||||
$ 1,375 | Cape Girardeau County Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Saint Francis Medical Center, Series 2013A, 5.000%, 6/01/23 | 6/22 at 100.00 | AA | $1,418,202 | ||
Central Southwest Missouri Community College District, Missouri, Certificates of Participation, Ozarks Technical Community College, Series 2021: | ||||||
350 | 5.000%, 3/01/23 | No Opt. Call | AA- | 372,859 | ||
300 | 5.000%, 3/01/24 | No Opt. Call | AA- | 332,586 | ||
250 | 5.000%, 3/01/25 | No Opt. Call | AA- | 287,028 | ||
125 | Chesterfield Valley Transportation Development District, Missouri, Transportation Sales Tax Revenue Bonds, Series 2015, 3.250%, 5/15/28 | 5/23 at 100.00 | A- | 128,376 | ||
1,000 | Clay County Reorganized School District R-1, Kearney, Missouri, General Obligation Bonds, School Building Series 2017, 5.000%, 3/01/22 | No Opt. Call | AA+ | 1,019,940 | ||
2,500 | Fort Zumwalt School District, St Charles County, Missouri, General Obligation Bonds, Direct Deposit Program, Refunding Series 2021, 4.000%, 3/01/25 | No Opt. Call | Aa1 | 2,795,075 | ||
800 | Greene County, Missouri, Certificates of Participation, Capital Projects, Series 2021A, 4.000%, 3/01/26 | No Opt. Call | Aa3 | 911,080 | ||
320 | Hanley Road Corridor Transportation Development District, Brentwood and Maplewood, Missouri, Transportation Sales Revenue Bonds, Refunding Series 2020, 1.000%, 10/01/27 | No Opt. Call | A | 319,782 | ||
Jennings, Saint Louis County, Missouri, Certificates of Participation, Series 2021: | ||||||
200 | 4.000%, 3/01/23 | No Opt. Call | A- | 209,502 | ||
265 | 4.000%, 3/01/24 | No Opt. Call | A- | 285,718 | ||
230 | 4.000%, 3/01/25 | No Opt. Call | A- | 254,099 | ||
650 | Joplin Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Freeman Health System, Series 2015, 5.000%, 2/15/24 | No Opt. Call | A | 716,118 | ||
Kansas City, Missouri, General Obligation Bonds, Series 2020A: | ||||||
410 | 5.000%, 2/01/23 | No Opt. Call | AA | 435,842 | ||
435 | 5.000%, 2/01/24 | No Opt. Call | AA | 482,415 | ||
400 | Kansas City, Missouri, Special Obligation Bonds, Kansas City Missouri Projects, Series 2021A, 5.000%, 4/01/25 | No Opt. Call | AA- | 461,392 | ||
130 | Kansas City, Missouri, Special Obligation Bonds, Main Streetcar Extension Project, Series 2021D, 3.000%, 9/01/25 | No Opt. Call | AA- | 141,463 | ||
1,250 | Kansas City, Missouri, Water Revenue Bonds, Refunding Series 2019A, 5.000%, 12/01/22 | No Opt. Call | AA+ | 1,319,750 | ||
1,000 | Meramec Valley School District R-3, Franklin and St Louis Counties, Missouri, General Obligation Bonds, Series 2020, 4.000%, 3/01/23 | No Opt. Call | AA+ | 1,053,460 | ||
1,000 | Missouri Environmental Improvement and Energy Resources Authority, Revenue Bonds, Union Electric Company Project, Series 1998B, 2.900%, 9/01/33 | 7/27 at 102.00 | A | 1,073,500 | ||
600 | Missouri Environmental Improvement and Energy Resources Authority, Water Facility Revenue Bonds, Jefferson County Water Authority Project, Series 2021A, 4.000%, 7/01/23 | No Opt. Call | A | 636,888 | ||
565 | Missouri Health and Education Facilities Authority, Health Facilities Revenue Bonds, Saint Luke's Health System, Inc, Series 2016, 5.000%, 11/15/22 | No Opt. Call | A+ | 594,809 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Missouri (continued) | ||||||
Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Southeast Missouri State University, Refunding Series 2019: | ||||||
$ 200 | 5.000%, 10/01/23 | No Opt. Call | A | $217,632 | ||
505 | 5.000%, 10/01/24 | No Opt. Call | A | 569,817 | ||
270 | Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Bethesda Health Group, Inc, Series 2021, 3.000%, 8/01/22 | No Opt. Call | BBB | 275,751 | ||
6,000 | Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, BJC Health System, Series 2021B, 4.000%, 5/01/51 (Mandatory Put 5/01/26) | No Opt. Call | AA | 6,898,080 | ||
Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Capital Region Medical Center, Series 2020: | ||||||
640 | 3.000%, 11/01/22 | No Opt. Call | Baa2 | 654,330 | ||
665 | 4.000%, 11/01/23 | No Opt. Call | Baa2 | 706,416 | ||
475 | Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, CoxHealth, Series 2015A, 5.000%, 11/15/25 | No Opt. Call | A2 | 553,722 | ||
250 | Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, SSM Health Care, Variable Rate Series 2018C, 5.000%, 6/01/36 (Mandatory Put 6/01/23) | 12/22 at 100.00 | AA- | 263,230 | ||
250 | Missouri Health and Educational Facilities Authority, Revenue Bonds, Lake Regional Health System, Series 2021, 5.000%, 2/15/26 | No Opt. Call | BBB+ | 295,370 | ||
260 | Missouri Health and Educational Facilities Authority, Revenue Bonds, Lutheran Senior Services Projects, Series 2016B, 5.000%, 2/01/25 | No Opt. Call | BBB | 295,571 | ||
Missouri Health and Educational Facilities Authority, Revenue Bonds, Wright Memorial Hospital, Series 2019: | ||||||
275 | 5.000%, 9/01/22 | No Opt. Call | BBB- | 284,807 | ||
285 | 5.000%, 9/01/23 | No Opt. Call | BBB- | 305,930 | ||
Missouri State University, Auxiliary Enterprise System Revenue Bonds, Series 2019A: | ||||||
135 | 5.000%, 10/01/22 | No Opt. Call | A+ | 141,226 | ||
230 | 5.000%, 10/01/23 | No Opt. Call | A+ | 250,997 | ||
225 | 5.000%, 10/01/24 | No Opt. Call | A+ | 255,170 | ||
500 | Nixa Public Schools, Missouri, Certificates of Participation, Series 2021, 4.000%, 4/01/24 | No Opt. Call | A | 542,020 | ||
1,290 | Normandy Schools Collaborative Joint Executive Governing Board, Saint Loius County, Missouri, General Obligation Bonds, Series 2021B, 4.000%, 3/01/25 | No Opt. Call | AA+ | 1,438,995 | ||
Plaza at Noah's Ark Community Improvement District, Saint Charles, Missouri, Tax Increment and Improvement District Revenue Bonds, Series 2021: | ||||||
125 | 3.000%, 5/01/22 | No Opt. Call | N/R | 125,824 | ||
150 | 3.000%, 5/01/23 | No Opt. Call | N/R | 152,477 | ||
275 | Rock Creek Public Sewer District, Missouri, Certificates of Participation, Series 2021, 3.000%, 4/01/25 | No Opt. Call | A+ | 295,837 | ||
1,000 | Saint Charles County Public Water Supply District 2, Missouri, Certificates of Participation, Refudning Series 2016B, 5.000%, 12/01/21 | No Opt. Call | AA+ | 1,007,550 | ||
Saint Louis County Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Ranken-Jordan Project, Refunding & Improvement Series 2016: | ||||||
725 | 5.000%, 11/15/24 | No Opt. Call | N/R | 801,669 | ||
630 | 5.000%, 11/15/26 | 11/25 at 100.00 | N/R | 709,846 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Missouri (continued) | ||||||
$ 5,055 | Saint Louis, Missouri, Airport Revenue Bonds, Lambert-St Louis International Airport, Refunding Series 2017A, 5.000%, 7/01/22 – AGM Insured | No Opt. Call | AA | $5,234,857 | ||
2,000 | Springfield, Missouri, Public Utility Revenue Bonds, Refunding Series 2015, 3.250%, 8/01/27 | 8/25 at 100.00 | AA+ | 2,173,300 | ||
325 | St Charles, Missouri, Certificates of Participation, Refunding Series 2020B, 4.000%, 2/01/24 | No Opt. Call | Aa3 | 350,847 | ||
450 | Webster County Reorganized School District R-I Marshfield, Missouri, General Obligation Bonds, Refunding Series 2019B, 3.000%, 3/01/22 | No Opt. Call | AA+ | 455,184 | ||
39,325 | Total Missouri | 42,515,290 | ||||
Montana – 0.1% | ||||||
500 | Montana State, General Obligation Bonds, Series 2020C, 2.000%, 8/01/23 | No Opt. Call | Aa1 | 516,515 | ||
Nebraska – 1.0% | ||||||
690 | Central Plains Energy Project, Nebraska, Gas Project 1 Revenue Bonds, Series 2007A, 5.250%, 12/01/21 | No Opt. Call | A2 | 695,472 | ||
Douglas County Hospital Authority 2, Nebraska, Health Facilities Revenue Bonds, Children's Hospital Obligated Group, Refunding Series 2020A: | ||||||
200 | 5.000%, 11/15/21 | No Opt. Call | AA- | 201,088 | ||
115 | 5.000%, 11/15/23 | No Opt. Call | AA- | 126,035 | ||
125 | 5.000%, 11/15/24 | No Opt. Call | AA- | 142,029 | ||
175 | 5.000%, 11/15/25 | No Opt. Call | AA- | 205,165 | ||
3,635 | Douglas County Hospital Authority 2, Nebraska, Health Facilities Revenue Bonds, Children's Hospital Obligated Group, Series 2020B, 5.000%, 11/15/53 (Mandatory Put 11/15/25) | 8/25 at 100.00 | AA- | 4,232,557 | ||
1,685 | Douglas County Hospital Authority 3, Nebraska, Health Facilities Revenue Bonds, Nebraska Methodist Health System, Refunding Series 2015, 5.000%, 11/01/21 | No Opt. Call | A | 1,691,032 | ||
1,555 | Madison County Hospital Authority 1, Nebraska, Hospital Revenue Bonds, Faith Regional Health Services Project, Refunding Series 2017A, 5.000%, 7/01/22 | No Opt. Call | BBB | 1,606,284 | ||
8,180 | Total Nebraska | 8,899,662 | ||||
Nevada – 1.0% | ||||||
775 | Clark County, Nevada, Airport Revenue Bonds, Junior Subordinate Lien Notes Series 2021B, 5.000%, 7/01/23 (AMT) | No Opt. Call | A1 | 837,767 | ||
5,000 | Clark County, Nevada, Passenger Facility Charge Revenue Bonds, Las Vegas-McCarran International Airport, Refunding Series 2019E, 5.000%, 7/01/24 | No Opt. Call | Aa3 | 5,632,600 | ||
1,390 | Clark County, Nevada, Pollution Control Revenue Bonds, Nevada Power Company Project, Refunding Series 2017, 1.650%, 1/01/36 (Mandatory Put 3/31/23) | No Opt. Call | A+ | 1,415,799 | ||
Las Vegas, Nevada, Local Improvement Bonds, Special Improvement District 816 Summerlin Village 22, Series 2021: | ||||||
300 | 2.000%, 6/01/23 | No Opt. Call | N/R | 304,272 | ||
365 | 2.000%, 6/01/25 | No Opt. Call | N/R | 370,683 | ||
7,830 | Total Nevada | 8,561,121 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New Hampshire – 0.9% | ||||||
$ 8,000 | National Finance Authority, New Hampshire, Solid Waste Disposal Revenue Bonds, Waste Management, Ic, Project, Refunding Series 2020A-3, 0.150%, 4/01/24 (Mandatory Put 12/01/21) (AMT) | No Opt. Call | A- | $ 7,999,342 | ||
New Jersey – 4.7% | ||||||
7,000 | New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge, Refunding Series 2017A, 5.000%, 7/01/23 – BAM Insured | No Opt. Call | AA | 7,568,260 | ||
200 | New Jersey Economic Development Authority, School Facilities Construction Bonds, Social Series 2021QQQ, 5.000%, 6/15/22 | No Opt. Call | Baa1 | 206,562 | ||
1,260 | New Jersey Health Care Facilities Financing Authority, Revenue Bonds, RWJ Barnabas Health Obligated Group, Term Series 2019B-1, 5.000%, 7/01/43 (Mandatory Put 7/01/24) | 4/24 at 100.87 | AA- | 1,417,197 | ||
New Jersey Higher Education Student Assistance Authority, Student Loan Revenue Bonds, Refunding Senior Series 2018B: | ||||||
2,500 | 5.000%, 12/01/21 (AMT) | No Opt. Call | AAA | 2,518,750 | ||
6,500 | 5.000%, 12/01/22 (AMT) | No Opt. Call | Aaa | 6,844,760 | ||
6,115 | New Jersey State, General Obligation Bonds, Covid-19 Emergency Series 2020A, 5.000%, 6/01/26 | No Opt. Call | A3 | 7,307,486 | ||
5,000 | New Jersey State, General Obligation Bonds, Various Purpose Series 2021, 2.000%, 6/01/25 | No Opt. Call | A3 | 5,245,350 | ||
New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement Revenue Notes, Series 2018A: | ||||||
1,335 | 5.000%, 6/15/22 | No Opt. Call | A+ | 1,379,002 | ||
3,000 | 5.000%, 6/15/23 | No Opt. Call | A+ | 3,236,910 | ||
1,000 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019A, 5.000%, 12/15/24 | No Opt. Call | Baa1 | 1,141,630 | ||
2,210 | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2021A, 5.000%, 6/15/25 | No Opt. Call | Baa1 | 2,562,981 | ||
1,685 | Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018A, 5.000%, 6/01/23 | No Opt. Call | A | 1,810,044 | ||
37,805 | Total New Jersey | 41,238,932 | ||||
New Mexico – 1.4% | ||||||
1,165 | Albuquerque Municipal School District 12, Bernalillo and Sandoval Counties, New Mexico, General Obligation Bonds, Refunding Series 2021B, 5.000%, 8/01/24 | No Opt. Call | AA | 1,318,011 | ||
5,440 | Farmington, New Mexico, Pollution Control Revenue Bonds, Public Service Company of New Mexico San Juan Project, Refunding Series 2010E, 1.150%, 6/01/40 (Mandatory Put 6/01/24) | No Opt. Call | BBB | 5,503,648 | ||
2,500 | New Mexico Hospital Equipment Loan Council, Hospital Revenue Bonds, Presbyterian Healthcare Services, Series 2019B, 5.000%, 8/01/49 (Mandatory Put 8/01/25) | 5/25 at 100.87 | AA | 2,907,100 | ||
2,110 | Santa Fe County, New Mexico, Gross Receipts Tax Revenue Bonds, Capital Outlay Series 2017, 5.000%, 6/01/22 | No Opt. Call | AA+ | 2,177,562 | ||
11,215 | Total New Mexico | 11,906,321 | ||||
New York – 3.4% | ||||||
14,030 | Dormitory Authority of the State of New York, State Sales Tax Revenue Bonds, Series 2016A Groups A,B&C, 5.000%, 3/15/22 | No Opt. Call | AA+ | 14,336,836 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
New York (continued) | ||||||
Monroe County Industrial Development Corporation, New York, Revenue Bonds, Rochester Regional Health Project, Series 2020A: | ||||||
$ 400 | 5.000%, 12/01/22 | No Opt. Call | BBB+ | $420,976 | ||
500 | 5.000%, 12/01/23 | No Opt. Call | BBB+ | 548,145 | ||
600 | 5.000%, 12/01/24 | No Opt. Call | BBB+ | 682,362 | ||
1,375 | Nassau Health Care Corporation, New York, County Guaranteed Revenue Bonds, Series 2009, 5.000%, 8/01/24 | No Opt. Call | A+ | 1,550,189 | ||
1,230 | New York City Municipal Water Finance Authority, New York, Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2021 Series DD, 5.000%, 6/15/26 | No Opt. Call | AA+ | 1,485,385 | ||
3,000 | New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal 2021 Subseries F-1, 5.000%, 11/01/26 | No Opt. Call | AAA | 3,655,080 | ||
2,475 | New York City, New York, General Obligation Bonds, Fiscal 2021 Series A-1, 5.000%, 8/01/24 | No Opt. Call | AA | 2,802,294 | ||
3,000 | New York State Energy Research and Development Authority, Pollution Control Revenue Bonds, Rochester Gas and Electric Corporation, Series 2004C, 2.625%, 4/01/34 (Mandatory Put 7/03/23) | No Opt. Call | A- | 3,093,990 | ||
1,210 | Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Eighty-Fifth Series 2014, 5.000%, 9/01/23 (AMT) | No Opt. Call | Aa3 | 1,317,169 | ||
27,820 | Total New York | 29,892,426 | ||||
North Carolina – 1.3% | ||||||
4,000 | Charlotte-Mecklenburg Hospital Authority, North Carolina, Health Care Revenue Bonds, DBA Carolinas HealthCare System, Variable Rate Demand Series 2021B, 5.000%, 1/15/50 (Mandatory Put 12/02/24) | No Opt. Call | AA- | 4,573,840 | ||
1,745 | North Carolina Central University, General Revenue Bonds, Refunding Series 2016, 5.000%, 10/01/23 | No Opt. Call | A3 | 1,893,377 | ||
250 | North Carolina Medial Care Commission, Health Care Facilities Revenue Bonds, Rex Healthcare, Series 2020A, 5.000%, 7/01/24 | No Opt. Call | AA- | 281,118 | ||
415 | North Carolina Medical Care Commission, Hospital Revenue Bonds, CaroMont Health A/K/A Gaston Health, Series 2021A, 5.000%, 2/01/51 (Mandatory Put 2/01/26) | 2/26 at 100.00 | AA- | 492,501 | ||
2,990 | North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Bond Anticipation Bond Senior Lien Series 2020, 5.000%, 2/01/24 | No Opt. Call | BBB | 3,296,774 | ||
500 | University of North Carolina, Charlotte, General Revenue Bonds, Refunding Series 2017A, 5.000%, 10/01/24 | No Opt. Call | Aa3 | 567,845 | ||
9,900 | Total North Carolina | 11,105,455 | ||||
North Dakota – 0.6% | ||||||
895 | Cass County Joint Water Reserve District, North Dakota, Temporary Improvement Special Assessment Bonds, Refunding Series 2021A, 0.480%, 5/01/24 | 11/22 at 100.00 | Aa3 | 896,298 | ||
Grand Forks, North Dakota, Health Care System Revenue Bonds, Altru Health System Obligated Group, Series 2021: | ||||||
275 | 5.000%, 12/01/23 | No Opt. Call | Baa2 | 302,294 | ||
215 | 5.000%, 12/01/25 | No Opt. Call | Baa2 | 252,107 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
North Dakota (continued) | ||||||
Grand Forks, North Dakota, Senior Housing and Nursing Facilities Revenue Bonds, Valley Homes Obligated Group, Series 2016A: | ||||||
$ 585 | 4.750%, 12/01/21 | No Opt. Call | N/R | $586,942 | ||
1,245 | 5.000%, 12/01/22 | No Opt. Call | N/R | 1,277,395 | ||
280 | West Fargo Public School District 6, Cass County, North Dakota, General Obligation Bonds, Special Assessment Prepayment Series 2020C, 4.000%, 8/01/26 | No Opt. Call | Aa2 | 324,526 | ||
West Fargo, North Dakota, General Obligation Bonds, Refunding Improvement Series 2020A: | ||||||
750 | 2.000%, 5/01/24 | No Opt. Call | A1 | 779,842 | ||
500 | 4.000%, 5/01/25 | No Opt. Call | A1 | 559,695 | ||
500 | 4.000%, 5/01/26 | No Opt. Call | A1 | 572,650 | ||
5,245 | Total North Dakota | 5,551,749 | ||||
Ohio – 2.0% | ||||||
845 | Butler County, Ohio, Hospital Facilities Revenue Bonds, UC Health, Refunding Series 2017, 4.000%, 11/15/22 | No Opt. Call | A | 879,222 | ||
850 | Cleveland, Ohio, Airport System Revenue Bonds, Series 2019B, 5.000%, 1/01/22 (AMT) | No Opt. Call | A2 | 859,707 | ||
Cleveland-Cuyahoga County Port Authroity, Ohio, Cultural Facility Revenue Bonds, The Cleveland Museum of Natural History Project, Series 2021: | ||||||
150 | 5.000%, 7/01/25 | No Opt. Call | A3 | 173,337 | ||
125 | 5.000%, 7/01/26 | No Opt. Call | A3 | 148,253 | ||
750 | Cuyahoga Falls City School District, Summit County, Ohio, General Obligation Bonds, School Improvement Series 2021, 3.000%, 12/01/24 – BAM Insured | No Opt. Call | AA | 810,757 | ||
1,335 | Hamilton County, Ohio, General Obligation Bonds, Parking Facilities, Limited Tax Series 2021A, 5.000%, 12/01/25 | No Opt. Call | Aa2 | 1,581,668 | ||
600 | Miami University of Ohio, General Receipts Revenue Bonds, Refunding Series 2021A, 5.000%, 9/01/24 | No Opt. Call | AA | 681,168 | ||
Montgomery County, Ohio, Hospital Facilities Revenue Bonds, Kettering Health Network Obligated Group Project, Refunding & Improvement Series 2021: | ||||||
375 | 5.000%, 8/01/24 | No Opt. Call | A+ | 423,683 | ||
700 | 5.000%, 8/01/25 | No Opt. Call | A+ | 818,153 | ||
1,250 | 5.000%, 8/01/26 | No Opt. Call | A+ | 1,504,750 | ||
55 | Northeast Ohio Medical University, General Receipts Bonds, Refunding Series 2021A, 3.000%, 12/01/21 | No Opt. Call | Baa2 | 55,239 | ||
685 | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 3.750%, 12/01/23 (5) | No Opt. Call | N/R | 856 | ||
1,710 | Ohio Air Quality Development Authority, Ohio, Revenue Bonds, American Electric Power Company Project, Refunding Series 2005A, 2.100%, 1/01/29 (Mandatory Put 10/01/24) (AMT) | No Opt. Call | BBB+ | 1,772,894 | ||
800 | Ohio State, Capital Facilities Lease-Appropriation Bonds, Administrative Building Fund Projects, Series 2021A, 5.000%, 4/01/25 | No Opt. Call | AA | 927,304 | ||
5,665 | Ohio State, Hospital Revenue Bonds, University Hospitals Health System, Inc, Series 2018D, 5.000%, 1/15/39 (Mandatory Put 9/15/23) | No Opt. Call | A | 6,170,884 | ||
360 | Ohio State, Hospital Revenue Bonds, University Hospitals Health System, Inc, Variable Rate Series 2020B, 5.000%, 1/15/50 (Mandatory Put 1/15/25) | 1/25 at 100.00 | A | 411,329 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Ohio (continued) | ||||||
$ 500 | Warren County, Ohio, Healthcare Facilities Revenue Bonds, Otterbein Homes Obligated Group, Refunding Series 2013A, 4.000%, 7/01/22 | No Opt. Call | A | $ 513,440 | ||
16,755 | Total Ohio | 17,732,644 | ||||
Oklahoma – 0.6% | ||||||
350 | Canadian County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Mustang Public Schools Project, Refunding Series 2021, 3.000%, 9/01/22 | No Opt. Call | AA- | 358,813 | ||
1,065 | Cleveland County Educational Facilities Authority, Oklahoma, Educational Facilities Lease Revenue Bonds, Norman Public Schools Project, Series 2019, 5.000%, 6/01/24 | No Opt. Call | A+ | 1,194,674 | ||
Nichols Hills, Oklahoma, General Obligation Bonds, Refunding Series 2021: | ||||||
1,730 | 4.000%, 7/01/23 | No Opt. Call | AA+ | 1,843,228 | ||
1,425 | 4.000%, 7/01/24 | No Opt. Call | AA+ | 1,566,446 | ||
425 | Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B, 5.000%, 8/15/22 | No Opt. Call | Baa3 | 440,364 | ||
4,995 | Total Oklahoma | 5,403,525 | ||||
Oregon – 1.3% | ||||||
Marion and Polk Counties School District 24J, Salem-Kreizer, Oregon, General Obligation Bonds, Convertible Deferred Interest Series 2020B: | ||||||
300 | 5.000%, 6/15/23 | No Opt. Call | AA+ | 323,958 | ||
500 | 5.000%, 6/15/24 | No Opt. Call | AA+ | 563,010 | ||
350 | 5.000%, 6/15/26 | No Opt. Call | AA+ | 421,043 | ||
4,620 | Oregon Business Development Commission, Economic Development Revenue Bonds, Intel Corporation Project, 250 Series 2019, 5.000%, 3/01/49 (Mandatory Put 3/01/22) (AMT) | No Opt. Call | A+ | 4,705,932 | ||
450 | Oregon Facilities Authority, Revenue Bonds, Samaritan Health Services Project, Refunding Series 2020A, 5.000%, 10/01/24 | No Opt. Call | BBB+ | 507,902 | ||
300 | Oregon Facilities Authority, Revenue Bonds, Samaritan Health Services, Refunding Series 2016A, 5.000%, 10/01/25 | No Opt. Call | BBB+ | 349,392 | ||
3,000 | Oregon Health and Science University, Revenue Bonds, Series 2019B-2, 5.000%, 7/01/42 (Mandatory Put 2/01/25) | 11/24 at 100.00 | AA- | 3,412,140 | ||
1,000 | Salem Hospital Facility Authority, Oregon, Revenue Bonds, Salem Health Projects, Series 2019A, 4.000%, 5/15/22 | No Opt. Call | AA- | 1,023,100 | ||
10,520 | Total Oregon | 11,306,477 | ||||
Pennsylvania – 2.3% | ||||||
1,000 | Allegheny County Hospital Development Authority, Pennsylvania, Revenue Bonds, Allegheny Health Network Obligated Group Issue, Series 2018A, 5.000%, 4/01/22 | No Opt. Call | A | 1,023,190 | ||
800 | Centre County Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Mount Nittany Medical Center Project, Series 2018A, 5.000%, 11/15/21 | No Opt. Call | AA- | 804,352 | ||
1,000 | Commonwealth Financing Authority, Pennsylvania, State Appropriation Lease Bonds, Master Settlement, Series 2018, 5.000%, 6/01/22 | No Opt. Call | A1 | 1,031,200 | ||
1,625 | Geisinger Authority, Montour County, Pennsylvania, Health System Revenue Bonds, Geisinger Health System, Series 2020B, 5.000%, 4/01/43 (Mandatory Put 2/15/27) | 8/26 at 100.00 | AA- | 1,950,552 | ||
835 | Hollidaysburg Area School District, Blair County, Pennsylvania, General Obligation Bonds, Series 2021, 4.000%, 3/15/25 | No Opt. Call | Aa3 | 934,783 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Pennsylvania (continued) | ||||||
Northern York County School District, Pennsylvania, General Obligation Bonds, Notes Series 2021A: | ||||||
$ 1,125 | 4.000%, 11/15/23 | No Opt. Call | AA- | $1,207,823 | ||
1,135 | 4.000%, 11/15/25 | No Opt. Call | AA- | 1,284,729 | ||
305 | Pennsylvania Economic Development Financing Authority, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Project, Series 2011, 2.150%, 7/01/41 (Mandatory Put 7/01/24) (AMT) | No Opt. Call | A- | 318,515 | ||
465 | Pennsylvania State University, Revenue Bonds, Series 2020E, 5.000%, 3/01/24 | No Opt. Call | Aa1 | 518,005 | ||
1,000 | Pennsylvania State, General Obligation Bonds, First Series 2015, 5.000%, 3/15/22 | No Opt. Call | Aa3 | 1,021,780 | ||
400 | Philadelphia, Pennsylvania, Airport Revenue Bonds, Refunding Series 2017A, 5.000%, 7/01/22 | No Opt. Call | A2 | 414,232 | ||
1,750 | Philadelphia, Pennsylvania, Airport Revenue Bonds, Refunding Series 2021, 5.000%, 7/01/25 (AMT) | No Opt. Call | A2 | 2,031,417 | ||
Pittsburgh Water and Sewer Authority, Pennsylvania, Water and Sewer System Revenue Bonds, First Lien Series 2020B: | ||||||
550 | 4.000%, 9/01/23 – AGM Insured | No Opt. Call | AA | 589,133 | ||
300 | 4.000%, 9/01/24 – AGM Insured | No Opt. Call | AA | 329,703 | ||
6,000 | University of Pittsburgh of the Commonwealth System of Higher Education, Pennsylvania, Pitt Asset Notes, Series 2021, 4.000%, 4/15/26 | 2/26 at 100.00 | AA+ | 6,867,180 | ||
18,290 | Total Pennsylvania | 20,326,594 | ||||
Rhode Island – 0.0% | ||||||
330 | Cranston, Rhode Island, General Obligation Bonds, Anticipation Notes Series 2021-1, 1.000%, 8/23/22 | No Opt. Call | N/R | 332,336 | ||
South Carolina – 1.2% | ||||||
2,215 | Richland County, South Carolina, Environmental Improvement Revenue Bonds, International Paper Company Project, Refunding Series 2014A, 3.875%, 4/01/23 (AMT) | No Opt. Call | BBB | 2,329,006 | ||
875 | Rock Hill, South Carolina, Combined Utility System Revenue Bonds, Series 2016, 5.000%, 1/01/27 | 1/26 at 100.00 | A | 1,028,125 | ||
3,285 | South Carolina Jobs-Economic Development Authority, Hospital Revenue Bonds, Bon Secours Mercy Health, Inc, Series 2020B, 5.000%, 12/01/48 (Mandatory Put 10/01/25) | No Opt. Call | AA- | 3,851,301 | ||
2,980 | South Carolina State Ports Authority, Revenue Bonds, Series 2018, 5.000%, 7/01/22 (AMT) | No Opt. Call | A+ | 3,079,651 | ||
9,355 | Total South Carolina | 10,288,083 | ||||
South Dakota – 0.4% | ||||||
100 | Sioux Falls, South Dakota, Health Facilities Revenue Bonds, Dow Rummel Village Project, Refunding Series 2016, 3.000%, 11/01/21 | No Opt. Call | BB | 100,072 | ||
585 | Sioux Falls, South Dakota, Health Facilities Revenue Bonds, Dow Rummel Village Project, Series 2017, 3.100%, 11/01/22 | No Opt. Call | BB | 591,985 | ||
250 | South Dakota Health and Educational Facilities Authority Revenue Bonds, Westhills Village Retirement Community, Series 2021, 3.000%, 9/01/22 | No Opt. Call | A+ | 255,692 | ||
1,940 | South Dakota Health and Educational Facilities Authority, Reveune Bonds, Avera Health, Series 2019A, 5.000%, 7/01/33 (Mandatory Put 7/01/24) | 4/24 at 100.00 | AA- | 2,154,021 | ||
2,875 | Total South Dakota | 3,101,770 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Tennessee – 1.4% | ||||||
$ 100 | Chattanooga Health, Educational and Housing Facility Board, Tennessee, Revenue Bonds, CommonSpirit Health, Series 2019A-1, 5.000%, 8/01/28 | No Opt. Call | BBB+ | $125,622 | ||
1,310 | Knox County Health, Educational and Housing Facility Board, Tennessee, Hospital Revenue Bonds, Covenant Health, Refunding Series 2012A, 5.000%, 1/01/24 | 1/23 at 100.00 | A+ | 1,383,727 | ||
4,655 | Tennergy Corporation, Tennessee, Gas Revenue Bonds, Series 2019A, 5.000%, 2/01/50 (Mandatory Put 10/01/24) | 7/24 at 100.58 | Aa2 | 5,247,907 | ||
3,500 | Tennergy Corporation, Tennessee, Gas Revenue Bonds, Series 2021A, 4.000%, 12/01/51 (Mandatory Put 9/01/28) | 6/28 at 100.68 | A1 | 4,129,230 | ||
The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Commodity Project, Series 2021A: | ||||||
250 | 5.000%, 11/01/22 | No Opt. Call | A2 | 262,513 | ||
250 | 5.000%, 11/01/23 | No Opt. Call | A2 | 273,408 | ||
250 | 5.000%, 11/01/24 | No Opt. Call | A2 | 283,277 | ||
275 | 5.000%, 11/01/25 | No Opt. Call | A2 | 321,186 | ||
10,590 | Total Tennessee | 12,026,870 | ||||
Texas – 10.6% | ||||||
5,000 | Austin, Texas, Airport System Revenue Bonds, Refunding Series 2019, 5.000%, 11/15/23 (AMT) | No Opt. Call | A1 | 5,486,500 | ||
1,000 | Austin, Texas, Airport System Revenue Bonds, Series 2019B, 5.000%, 11/15/22 (AMT) | No Opt. Call | A1 | 1,052,530 | ||
Brazos Higher Education Authority Inc, Texas, Student Loan Program Revenue Bonds, Senior Series 2020-1A: | ||||||
1,175 | 5.000%, 4/01/23 (AMT) | No Opt. Call | AA | 1,246,393 | ||
775 | 5.000%, 4/01/24 (AMT) | No Opt. Call | AA | 848,950 | ||
500 | 5.000%, 4/01/25 (AMT) | No Opt. Call | AA | 561,575 | ||
1,540 | Central Texas Regional Mobility Authority, Revenue Bonds, Anticipation Notes Subordinate Lien Series 2020F, 5.000%, 1/01/25 | 7/24 at 100.00 | BBB+ | 1,722,274 | ||
1,000 | Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Refunding Series 2013E, 5.000%, 11/01/22 (AMT) | No Opt. Call | A1 | 1,050,940 | ||
2,000 | Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Refunding Series 2014D, 5.000%, 11/01/22 (AMT) | No Opt. Call | A+ | 2,101,880 | ||
2,500 | Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Refunding Series 2020A, 5.000%, 11/01/24 | No Opt. Call | A1 | 2,851,700 | ||
2,030 | El Paso, Texas, Airport Revenue Bonds, El Paso International Airport Series 2018, 5.000%, 8/15/23 (AMT) | No Opt. Call | A | 2,200,926 | ||
4,550 | Fort Worth Independent School District, Tarrant County, Texas, General Obligation Bonds, Refunding School Building Series 2015, 5.000%, 2/15/23 | No Opt. Call | AAA | 4,848,935 | ||
735 | Friendswood, Galveston and Harris Counties, Texas, General Obligation Bonds, Refunding & Improvement Series 2021, 4.000%, 3/01/25 | No Opt. Call | AA+ | 821,752 | ||
1,655 | Galveston Independent School District, Galveston County, Texas, General Obligation Bonds, School Building Series 2018, 5.000%, 2/01/22 | No Opt. Call | Aaa | 1,681,331 | ||
5,000 | Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Bond Anticipation Note Series 2014A, 5.000%, 2/01/23 | No Opt. Call | A+ | 5,303,400 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
$ 4,170 | Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Memorial Hermann Health System, Refunding Series 2020C-2, 5.000%, 6/01/32 (Mandatory Put 12/01/24) | 9/24 at 101.10 | A+ | $4,763,850 | ||
8,000 | Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Memorial Hermann Health System, Refunding Series 2020C-3, 5.000%, 6/01/32 (Mandatory Put 12/01/26) | 9/26 at 101.02 | A+ | 9,688,880 | ||
3,595 | Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Memorial Hermann Health System, Series 2019B-1, 5.000%, 7/01/49 (Mandatory Put 12/01/22) | 9/22 at 100.88 | A+ | 3,781,760 | ||
1,700 | Houston, Texas, Airport System Revenue Bonds, Refunding & Subordinate Lien Series 2018A, 5.000%, 7/01/22 (AMT) | No Opt. Call | A1 | 1,760,214 | ||
4,210 | Houston, Texas, Airport System Revenue Bonds, Refunding & Subordinate Lien Series 2018C, 5.000%, 7/01/23 (AMT) | No Opt. Call | AA | 4,556,357 | ||
5,000 | Humble Independent School District, Harris County, Texas, General Obligation Bonds, Refunding School Building Series 2015A, 5.250%, 2/15/23 | No Opt. Call | AAA | 5,334,800 | ||
850 | Hunt Memorial Hospital District, Hunt County, Texas, General Obligation Bonds, Refunding & Improvment Series 2020, 5.000%, 2/15/26 | No Opt. Call | A2 | 982,855 | ||
400 | Lake Houston Redevelopment Authority, Texas, Tax Increment Contract Revenue Bonds, Series 2021, 5.000%, 9/01/25 | No Opt. Call | BBB- | 463,872 | ||
1,235 | Laredo Independent School District, Webb County, Texas, General Obligation Bonds, Refunding Series 2021, 4.000%, 8/01/25 | No Opt. Call | AAA | 1,397,267 | ||
Leander, Texas, General Obligation Bonds, Refunding Series 2020: | ||||||
500 | 5.000%, 8/15/23 | No Opt. Call | AA | 543,470 | ||
525 | 5.000%, 8/15/25 | No Opt. Call | AA | 613,714 | ||
2,005 | Love Field Airport Modernization Corporation, Texas, General Airport Revenue Bonds, Refunding Series 2021, 5.000%, 11/01/22 (AMT) | No Opt. Call | A | 2,106,473 | ||
1,000 | Lower Colorado River Authority, Texas, Transmission Contract Revenue Bonds, LCRA Transmission Services Corporation Project, Refunding Series 2020, 5.000%, 5/15/25 | No Opt. Call | A+ | 1,161,580 | ||
850 | Lubbock Water and Wastewater System, Texas, Revenue Bonds, Refunding Series 2020B, 5.000%, 2/15/25 | No Opt. Call | AA- | 979,676 | ||
Lumberton Independent School District, Hardin County, Texas, General Obligation Bonds, School Building Series 2021: | ||||||
640 | 4.000%, 2/15/24 | No Opt. Call | Aaa | 695,635 | ||
1,190 | 4.000%, 2/15/25 | No Opt. Call | Aaa | 1,331,848 | ||
450 | Matagorda County Navigation District 1, Texas, Pollution Control Revenue Bonds, Central Power & Light Company Project, Refunding Series 1996, 0.900%, 5/01/30 (Mandatory Put 9/01/23) (AMT) | No Opt. Call | A- | 451,458 | ||
3,000 | Mission Economic Development Corporation, Texas, Solid Waste Disposal Revenue Bonds, Republic Services Inc Project, Adjustable Rate Series 2020A, 0.200%, 5/01/50 (Mandatory Put 11/01/21) (AMT) | No Opt. Call | BBB+ | 2,999,850 | ||
1,565 | Montgomery Independent School District, Montgomery County, Texas, General Obligation Bonds, Refunding & School Building Series 2015, 5.000%, 2/15/26 | 2/25 at 100.00 | AAA | 1,803,193 | ||
310 | New Hope Cultural Education Facilities Finance Corporation, Texas, Retirement Facility Revenue Bonds, Methodist Retirement Communites Crestview Project, Series 2016, 4.000%, 11/15/21 | No Opt. Call | BB+ | 310,794 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Texas (continued) | ||||||
$ 1,130 | North Harris County Regional Water Authority, Texas, Water Revenue Bonds, Refunding Senior Lien Series 2014, 5.000%, 12/15/24 | No Opt. Call | AA- | $1,295,296 | ||
2,805 | North Harris County Regional Water Authority, Texas, Water Revenue Bonds, Refunding Senior Lien Series 2016, 4.000%, 12/15/24 | No Opt. Call | AA- | 3,126,285 | ||
Port Arthur, Texas, Combination Tax and Revenue Certificates of Obligation, Series 2021: | ||||||
565 | 5.000%, 2/15/23 – BAM Insured | No Opt. Call | AA | 600,996 | ||
250 | 5.000%, 2/15/24 – BAM Insured | No Opt. Call | AA | 276,928 | ||
315 | Port Beaumont Navigation District, Jefferson County, Texas, Dock and Wharf Facility Revenue Bonds, Jefferson Gulf Coast Energy Project, Series 2021A, 1.875%, 1/01/26, 144A (AMT) | 7/23 at 103.00 | N/R | 314,291 | ||
Texas Municipal Gas Acquisition and Supply Corporation III, Gas Supply Revenue Bonds, Refunding Series 2021: | ||||||
1,500 | 5.000%, 12/15/24 | No Opt. Call | A3 | 1,710,150 | ||
2,500 | 5.000%, 12/15/25 | No Opt. Call | A3 | 2,939,350 | ||
2,100 | 5.000%, 12/15/26 | No Opt. Call | A3 | 2,533,860 | ||
1,000 | Tomball Independent School District, Harris and Montgomery Counties, Texas, General Obligation Bonds, Building Series 2020, 5.000%, 2/15/25 | No Opt. Call | AAA | 1,154,740 | ||
1,000 | Upper Trinity Regional Water District, Texas, Regional Treated Water Supply System Revenue Bonds, Refunding Series 2020, 4.000%, 8/01/24 | No Opt. Call | A+ | 1,096,700 | ||
Wise County, Texas, Lease Revenue Bonds, Parker County Junior College District, Refunding Series 2021: | ||||||
350 | 5.000%, 8/15/23 | No Opt. Call | N/R | 377,748 | ||
465 | 5.000%, 8/15/24 | No Opt. Call | N/R | 519,196 | ||
84,635 | Total Texas | 93,452,172 | ||||
Utah – 1.2% | ||||||
6,000 | Salt Lake City, Utah, Airport Revenue Bonds, International Airport Series 2018A, 5.000%, 7/01/23 (AMT) | No Opt. Call | A | 6,487,080 | ||
Utah Charter School Finance Authority, Charter School Revenue Bonds, Utah Charter Academies Project, Series 2018: | ||||||
335 | 4.000%, 10/15/22 | No Opt. Call | AA | 346,933 | ||
350 | 4.000%, 10/15/23 | No Opt. Call | AA | 372,169 | ||
1,120 | Utah County, Utah, Hospital Revenue Bonds, IHC Health Services Inc, Series 2020B-1, 5.000%, 5/15/60 (Mandatory Put 8/01/24) | 2/24 at 102.15 | AA+ | 1,264,827 | ||
1,555 | Utah County, Utah, Hospital Revenue Bonds, IHC Health Services Inc, Series 2020B-2, 5.000%, 5/15/60 (Mandatory Put 8/01/26) | 2/26 at 102.03 | AA+ | 1,868,612 | ||
500 | Utah Infrastructure Agency, Telecommunications Revenue Bonds, Series 2021, 3.000%, 10/15/23 | No Opt. Call | BBB- | 525,145 | ||
9,860 | Total Utah | 10,864,766 | ||||
Virginia – 1.0% | ||||||
850 | Arlington County Industrial Development Authority, Virginia, Hospital Facility Revenue Bonds, Virginia Hospital Center, Series 2020, 5.000%, 7/01/24 | No Opt. Call | AA- | 957,040 | ||
1,755 | Chesapeake Bay Bridge and Tunnel District, Virginia, General Resolution Revenue Bonds, First Tier Bond Anticipation Notes Series 2019, 5.000%, 11/01/23 | No Opt. Call | BBB | 1,921,234 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Virginia (continued) | ||||||
$ 3,100 | Hampton Roads Transportation Accountability Commission, Virginia, Revenue Bonds, Hampton Roads Transportation Fund, Senior Lien Bond Anticipation Notes, Series 2021A, 5.000%, 7/01/26 | No Opt. Call | Aa2 | $3,739,034 | ||
1,000 | Suffolk, Virginia, General Obligation Bonds, Refunding Series 2014, 5.000%, 2/01/25 (Pre-refunded 2/01/24) | 2/24 at 100.00 | AAA | 1,109,550 | ||
690 | Wise County Industrial Development Authority, Virginia, Solid Waste and Sewage Disposal Revenue Bonds, Virginia Electric and Power Company, Series 2010A, 1.200%, 11/01/40 (Mandatory Put 5/31/24) | No Opt. Call | A2 | 701,723 | ||
7,395 | Total Virginia | 8,428,581 | ||||
Washington – 2.2% | ||||||
1,500 | Chelan County Public Utility District 1, Washington, Consolidated System Revenue Bonds, Refunding Series 2020A, 5.000%, 7/01/23 | No Opt. Call | AA+ | 1,625,340 | ||
1,000 | King County School District 406 Tukwila, Washington, General Obligation Bonds, Series 2016, 4.000%, 12/01/21 | No Opt. Call | Aaa | 1,006,160 | ||
1,370 | King County School District 414 Lake Washington, Washington, General Obligation Bonds, Refunding Series 2020, 4.000%, 12/01/25 | No Opt. Call | Aaa | 1,567,444 | ||
1,955 | King County, Washington, Sewer Revenue Bonds, Refunding Junior Lien Series 2020A, 0.625%, 1/01/32 (Mandatory Put 1/01/24) | 7/23 at 100.00 | AA | 1,956,779 | ||
225 | Port Everett, Washington, Revenue Bonds, Refunding Series 2016, 4.000%, 12/01/21 | No Opt. Call | A2 | 226,332 | ||
Port of Seattle, Washington, Revenue Bonds, Intermediate Lien Series 2015C: | ||||||
1,000 | 5.000%, 4/01/22 (AMT) | No Opt. Call | AA- | 1,023,190 | ||
3,360 | 5.000%, 4/01/24 (AMT) | No Opt. Call | AA- | 3,736,891 | ||
2,000 | Port of Seattle, Washington, Revenue Bonds, Intermediate Lien Series 2019, 5.000%, 4/01/24 (AMT) | No Opt. Call | AA- | 2,224,340 | ||
1,775 | Skagit County Public Hospital District 1, Washington, Revenue Bonds, Skagit Valley Hospital, Refunding & Improvement Series 2016, 4.000%, 12/01/21 | No Opt. Call | Baa2 | 1,784,479 | ||
2,150 | Washington Health Care Facilities Authority, Revenue Bonds, CommonSpirit Health, Series 2019B-1, 5.000%, 8/01/49 (Mandatory Put 8/01/24) | 2/24 at 100.00 | BBB+ | 2,368,935 | ||
2,000 | Washington State, General Obligation Bonds, Various Purpose Series 2013D, 5.000%, 2/01/23 | No Opt. Call | Aaa | 2,128,540 | ||
18,335 | Total Washington | 19,648,430 | ||||
West Virginia – 0.3% | ||||||
2,710 | West Virginia Economic Development Authority, Solid Waste Disposal Facilities Revenue Bonds, Wheeling Power Company - Mitchell Project, Series 2013A, 3.000%, 6/01/37 (Mandatory Put 4/01/22) (AMT) | No Opt. Call | A- | 2,746,775 | ||
Wisconsin – 4.8% | ||||||
1,850 | Howard-Suamico School District, Brown County, Wisconisn, General Obligation Bonds, School Building & Improvement Series 2021, 5.000%, 3/01/25 | No Opt. Call | AA | 2,130,793 | ||
Kenosha, Wisconsin, General Obligation Promissory Notes Series 2020A: | ||||||
350 | 2.000%, 5/01/23 | No Opt. Call | AA | 359,597 | ||
625 | 2.000%, 5/01/25 | No Opt. Call | AA | 655,494 | ||
1,250 | Kenosha, Wisconsin, General Obligation Promissory Notes Series 2021B, 1.000%, 10/01/25 (WI/DD, Settling 10/07/21) | No Opt. Call | AA | 1,267,137 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin (continued) | ||||||
$ 3,380 | Milwaukee County, Wisconsin, Airport Revenue Bonds, Refunding Series 2019B, 5.000%, 12/01/22 (AMT) | No Opt. Call | A1 | $3,563,737 | ||
400 | Milwaukee, Wisconsin, Sewerage System Revenue Bonds, Green Series 2021S2, 5.000%, 6/01/26 | No Opt. Call | A1 | 480,040 | ||
New Richmond School District, Saint Croix County, Wisconsin, General Obligation Bonds, Refunding Series 2021: | ||||||
1,500 | 4.000%, 4/01/24 | No Opt. Call | Aa2 | 1,632,315 | ||
600 | 5.000%, 4/01/26 | No Opt. Call | Aa2 | 713,868 | ||
570 | Oshkosh, Wisconsin, Sewer System Revenue Bonds, Series 2021E, 4.000%, 5/01/25 | No Opt. Call | Aa3 | 640,424 | ||
Public Finance Authority of Wisconsin, Health Care Facilities Revenue Bonds, Blue Ridge HealthCare, Refunding Series 2020A: | ||||||
400 | 5.000%, 1/01/22 | No Opt. Call | A | 404,568 | ||
300 | 5.000%, 1/01/23 | No Opt. Call | A | 317,424 | ||
200 | 5.000%, 1/01/24 | No Opt. Call | A | 220,200 | ||
400 | 5.000%, 1/01/26 | No Opt. Call | A | 470,552 | ||
300 | Public Finance Authority of Wisconsin, Hospital Revenue Bonds, Carson Valley Medical Center, Series 2021A, 3.000%, 12/01/26 | No Opt. Call | BB+ | 320,991 | ||
Public Finance Authority of Wisconsin, Hospital Revenue Bonds, Renown Regional Medical Center Project, Refunding Series 2020A: | ||||||
700 | 5.000%, 6/01/24 | No Opt. Call | A+ | 784,833 | ||
325 | 5.000%, 6/01/26 | No Opt. Call | A+ | 388,544 | ||
Racine Unified School District, Racine County, Wisconsin, General Obligation Bonds, Refunding Series 2021: | ||||||
200 | 2.000%, 4/01/23 | No Opt. Call | Aa3 | 205,328 | ||
475 | 2.000%, 4/01/24 | No Opt. Call | Aa3 | 494,466 | ||
600 | 2.000%, 4/01/25 | No Opt. Call | Aa3 | 630,780 | ||
250 | Racine, Racine County, Wisconsin, General Obligation Bonds, Refunding Series 2020B, 4.000%, 12/01/24 | No Opt. Call | AA- | 276,095 | ||
1,870 | West Bend Joint School District 1, Washington County, Wisconsin, General Obligation Bonds, Refunding Series 2021, 3.000%, 4/01/25 | No Opt. Call | AA- | 2,029,885 | ||
1,360 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Mercy Alliance, Inc, Series 2012, 5.000%, 6/01/27 | 6/22 at 100.00 | A3 | 1,401,698 | ||
3,155 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Advocate Aurora Health Credit Group, Variable Rate Demand Series 2018B-3, 5.000%, 8/15/54 (Mandatory Put 1/31/24) | No Opt. Call | AA | 3,490,313 | ||
250 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Agnesian HealthCare, Inc, Series 2017, 5.000%, 7/01/26 | No Opt. Call | A+ | 299,588 | ||
Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Bellin Memorial Hospital, Inc, Series 2019A: | ||||||
75 | 5.000%, 12/01/23 | No Opt. Call | A+ | 82,427 | ||
100 | 5.000%, 12/01/24 | No Opt. Call | A+ | 114,031 | ||
110 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Bellin Memorial Hospital, Inc, Series 2019B, 3.000%, 12/01/24 | No Opt. Call | A+ | 118,551 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Wisconsin (continued) | ||||||
$ 1,055 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Benevolent Corporation Cedar Community, Series 2017, 5.000%, 6/01/22 | No Opt. Call | N/R | $1,078,157 | ||
3,745 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Marshfield Clinic Health System, Inc, Series 2020B-2, 5.000%, 2/15/51 (Mandatory Put 2/15/27) | 8/26 at 100.00 | A- | 4,463,665 | ||
Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, PHM / New Richmond Senior Housing, Inc, Refunding Series 2021: | ||||||
440 | 1.950%, 7/01/24 | No Opt. Call | N/R | 439,292 | ||
460 | 2.250%, 7/01/26 | No Opt. Call | N/R | 458,758 | ||
Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Saint John's Communities Inc, Series 2018A: | ||||||
500 | 4.000%, 9/15/22 | No Opt. Call | BBB- | 516,610 | ||
455 | 4.000%, 9/15/23 | No Opt. Call | BBB- | 485,544 | ||
1,640 | Wisconsin Rapids School District, Wood and Portage Counties, Wisconsin, General Obligation Bonds, Refunding Series 2020, 5.000%, 4/01/24 | No Opt. Call | Aa3 | 1,828,288 | ||
1,455 | Wisconsin State, General Obligation Bonds, Refunding Series 2015-1, 5.000%, 5/01/25 | No Opt. Call | AA+ | 1,693,576 | ||
2,500 | Wisconsin State, General Obligation Bonds, Refunding Series 2021-2, 5.000%, 5/01/25 | No Opt. Call | AA+ | 2,909,925 | ||
Wisconsin State, Master Lease Certificates of Participation, Series 2021A: | ||||||
1,170 | 4.000%, 9/01/23 | No Opt. Call | Aa2 | 1,252,778 | ||
1,545 | 4.000%, 9/01/24 | No Opt. Call | Aa2 | 1,706,468 | ||
1,300 | 4.000%, 9/01/25 | No Opt. Call | Aa2 | 1,472,731 | ||
37,860 | Total Wisconsin | 41,799,471 | ||||
Wyoming – 0.1% | ||||||
710 | Larmie County, Wyoming, Hospital Revenue Bonds, Cheyenne Regional Medical Center Project, Refunding Series 2021, 4.000%, 5/01/24 | No Opt. Call | A | 775,526 | ||
$ 749,480 | Total Municipal Bonds (cost $804,440,532) | 813,988,099 |
Shares | Description (1) | Value | ||||
COMMON STOCKS – 0.1% | ||||||
Electric Utilities – 0.1% | ||||||
22,152 | Energy Harbor Corp (6), (7), (8) | $ 890,931 | ||||
Total Common Stocks (cost $751,144) | 890,931 | |||||
Total Long-Term Investments (cost $805,191,676) | 814,879,030 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
SHORT-TERM INVESTMENTS – 5.3% | ||||||
MUNICIPAL BONDS – 5.3% | ||||||
National – 2.0% | ||||||
$ 10,000 | Invesco Municipal Opportunity Trust Variable Rate Munifund Term Preferred Shares Series 2015/6 IIM J.P. Morgan Chase Putters, Drivers, CTFS 5029, 0.220%, 12/01/24 (AMT) (Mandatory Put 9/30/21), 144A (9) | No Opt. Call | AA | $10,000,000 | ||
7,500 | Invesco Value Municipal Income Trust Variable Rate Munifund Term Preferred Shares Series 2015/6 IIM J.P. Morgan Chase Putters, Drivers, CTFS 5028, 0.220%, 12/01/24 (AMT) (Mandatory Put 9/30/21), 144A (9) | No Opt. Call | AA | 7,500,000 | ||
17,500 | Total National | 17,500,000 | ||||
Alabama – 0.2% | ||||||
1,795 | Mobile Industrial Development Board, Alabama, Pollution Control Revenue Refunding Bonds, Alabama Power Company Barry Plan, Series 2007A, 1.000%, 6/01/34 (Mandatory Put 6/26/25) (9) | No Opt. Call | A1 | 1,816,666 | ||
Arizona – 0.2% | ||||||
2,000 | Yavapai County Industrial Development Authority, Arizona, Solid Waste Disposal Revenue Bonds, Waste Management Inc, Series 2003A-2, 2.200%, 3/01/28 (AMT) (Mandatory Put 6/03/24) (9) | No Opt. Call | A- | 2,088,760 | ||
Florida – 0.5% | ||||||
4,000 | Florida Development Finance Corporation, Florida, Variable Rate Demand Obligations, Surface Transportation Facility Revenue Bonds, Virgin Trains USA Passenger Rail Project, Series 2019A, 6.250%, 1/01/49 (AMT) (Mandatory Put 1/01/24), 144A (9) | 11/21 at 103.00 | N/R | 4,080,600 | ||
Louisiana – 0.5% | ||||||
2,400 | Louisiana Offshore Terminal Authority, Deepwater Port Revenue Bonds, LOOP Inc Project, Variable Rate Series 2010B-1A, 2.000%, 10/01/40 (Mandatory Put 10/01/22) (9) | No Opt. Call | BBB+ | 2,413,464 | ||
2,000 | Saint Charles Parish, Louisiana, Pollution Control Revenue Bonds, Shell Oil Company, Variable Rate Demand Obligations, Series 1992A, 0.110%, 10/01/22 (AMT) (Mandatory Put 9/30/21) (9) | 9/21 at 100.00 | Aa3 | 2,000,000 | ||
4,400 | Total Louisiana | 4,413,464 | ||||
Minnesota – 0.2% | ||||||
1,625 | Minneapolis, Minnesota, Revenue Bonds, University Gateway Project, Variable Rate Demand Obligation Series 2002, 0.060%, 5/04/32 (Mandatory Put 10/07/21) (9) | 9/21 at 100.00 | Aa1 | 1,625,000 | ||
Oregon – 0.1% | ||||||
1,200 | Gilliam County, Oregon, Solid Waste Disposal Revenue Bonds, Waste Management Inc Project, Series 2003A, 2.400%, 7/01/38 (AMT) (Mandatory Put 5/02/22) (9) | No Opt. Call | A- | 1,214,532 | ||
Texas – 0.6% | ||||||
5,000 | Lower Neches Valley Authority, Texas, Industrial Development Corporation Exempt Facilities Revenue Bonds, Exxon Mobil Project, Series 2001B Variable Rate Demand Obligations, 0.060%, 12/01/39 (AMT) (Mandatory Put 9/30/21) (9) | 9/21 at 100.00 | Aa2 | 5,000,000 | ||
Virginia – 0.5% | ||||||
1,500 | Charles City County Industrial Development Authority, Virginia, Solid Waste Disposal Facility Revenue Bonds, Waste Management, Inc, Series 2003, 2.400%, 8/01/27 (AMT) (Mandatory Put 5/02/22) (9) | No Opt. Call | A- | 1,518,165 |
Principal Amount (000) | Description (1) | Optional Call Provisions (2) | Ratings (3) | Value | ||
Virginia (continued) | ||||||
$ 1,250 | Gloucester County Industrial Development Authority, Virginia, Solid Waste Disposal Revenue Bonds, Waste Management Disposal Services of Virginia, Inc Project, Variable Rate Series 2003A, 2.400%, 9/01/38 (AMT) (Mandatory Put 5/02/22) (9) | No Opt. Call | A- | $1,265,137 | ||
1,470 | Sussex County Industrial Development Authority, Virginia, Solid Waste Disposal Revenue Bonds, Atlantic Waste Disposal, Inc Project, Variable Rate Series 2003A, 2.400%, 6/01/28 (AMT) (Mandatory Put 5/02/22) (9) | No Opt. Call | A- | 1,487,802 | ||
4,220 | Total Virginia | 4,271,104 | ||||
Wisconsin – 0.5% | ||||||
3,715 | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Advocate Aurora Health Credit Group, Variable Rate Demand Series 2018B-2, 5.000%, 8/15/54 (Mandatory Put 1/25/23) (9) | No Opt. Call | AA | 3,935,114 | ||
$ 45,455 | Total Short-Term Investments (cost $45,621,677) | 45,945,240 | ||||
Total Investments (cost $850,813,353) – 98.1% | 860,824,270 | |||||
Other Assets Less Liabilities – 1.9% | 16,982,657 | |||||
Net Assets – 100% | $ 877,806,927 |
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns. | |
(3) | For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. | |
(4) | Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest. | |
(5) | Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy. | |
(6) | Common Stock received as part of the bankruptcy settlements during February 2020, for Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Project, Refunding Series 2006A, 0.000%, 12/01/23. | |
(7) | For fair value measurement disclosure purposes, investment classified as Level 2. | |
(8) | Non-income producing; issuer has not declared an ex-dividend date within the past twelve months. | |
(9) | Investment has a maturity of greater than one year, but has variable rate and/or demand features which qualify it as a short-term investment. The rate disclosed, as well as the reference rate and spread, where applicable, is that in effect as of the end of the reporting period. This rate changes periodically based on market conditions or a specified market index. | |
144A | Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. | |
AMT | Alternative Minimum Tax | |
ETM | Escrowed to maturity | |
WI/DD | Purchased on a when-issued or delayed delivery basis. |
All-American | Intermediate Duration | Limited Term | Short Term | |
Assets | ||||
Long-term investments, at value (cost $8,845,766,482, $9,908,645,536, $8,297,315,167 and $805,191,676, respectively) | $9,432,884,933 | $10,428,330,717 | $8,547,971,889 | $814,879,030 |
Short-term investments, at value (cost $27,405,515, $205,325,087, $213,578,417 and $45,621,677, respectively) | 27,666,904 | 208,846,639 | 216,012,169 | 45,945,240 |
Cash | 4,808,415 | 6,324,328 | 59,213,637 | 191,519 |
Receivable for: | ||||
Interest | 101,706,174 | 109,054,781 | 83,584,156 | 9,678,867 |
Investments sold | 67,507,190 | 44,738,016 | 66,604,143 | 8,940,018 |
Shares sold | 14,619,033 | 19,084,650 | 21,978,561 | 2,184,750 |
Other assets | 857,780 | 1,123,052 | 735,571 | 118,182 |
Total assets | 9,650,050,429 | 10,817,502,183 | 8,996,100,126 | 881,937,606 |
Liabilities | ||||
Borrowings | 45,000,000 | — | — | — |
Floating rate obligations | 936,496,000 | — | — | — |
Payable for: | ||||
Dividends | 4,470,121 | 6,369,361 | 2,312,837 | 200,564 |
Interest | 2,852,753 | — | — | — |
Investments purchased - regular settlement | 20,117,316 | 5,754,980 | 948,468 | — |
Investments purchased - when-issued/delayed-delivery settlement | 48,419,659 | 110,324,257 | 199,744,201 | 2,430,564 |
Shares redeemed | 11,394,400 | 11,501,702 | 6,926,978 | 870,595 |
Accrued expenses: | ||||
Management fees | 2,681,167 | 3,290,399 | 2,337,042 | 281,979 |
Directors/Trustees fees | 765,679 | 1,052,577 | 649,308 | 61,998 |
12b-1 distribution and service fees | 821,671 | 221,656 | 341,328 | 64,014 |
Other | 1,469,259 | 1,745,154 | 1,667,537 | 220,965 |
Total liabilities | 1,074,488,025 | 140,260,086 | 214,927,699 | 4,130,679 |
Commitments and contingencies (as disclosed in Note 8) | ||||
Net assets | $8,575,562,404 | $10,677,242,097 | $8,781,172,427 | $877,806,927 |
All-American | Intermediate Duration | Limited Term | Short Term | |
Class A Shares | ||||
Net assets | $3,436,165,896 | $ 1,023,217,350 | $1,659,067,081 | $320,190,486 |
Shares outstanding | 281,683,629 | 106,635,532 | 146,174,102 | 31,539,944 |
Net asset value ("NAV") per share | $ 12.20 | $ 9.60 | $ 11.35 | $ 10.15 |
Offering price per share (NAV per share plus maximum sales charge of 4.20%, 3.00%, 2.50% and 2.50%, respectively, of offering price) | $ 12.73 | $ 9.90 | $ 11.64 | $ 10.41 |
Class C Shares | ||||
Net assets | $ 306,066,956 | $ 64,112,478 | $ 83,717,230 | $ 13,372,490 |
Shares outstanding | 25,094,822 | 6,680,460 | 7,404,405 | 1,320,887 |
NAV and offering price per share | $ 12.20 | $ 9.60 | $ 11.31 | $ 10.12 |
Class R6 Shares | ||||
Net assets | $ 151,732,907 | $ — | $ — | $ — |
Shares outstanding | 12,370,765 | — | — | — |
NAV and offering price per share | $ 12.27 | $ — | $ — | $ — |
Class I Shares | ||||
Net assets | $4,681,596,645 | $ 9,589,912,269 | $7,038,388,116 | $544,243,951 |
Shares outstanding | 382,038,414 | 996,132,788 | 622,369,175 | 53,537,759 |
NAV and offering price per share | $ 12.25 | $ 9.63 | $ 11.31 | $ 10.17 |
Fund level net assets consist of: | ||||
Capital paid-in | $8,113,341,206 | $10,189,720,100 | $8,566,682,789 | $868,276,421 |
Total distributable earnings | 462,221,198 | 487,521,997 | 214,489,638 | 9,530,506 |
Fund level net assets | $8,575,562,404 | $10,677,242,097 | $8,781,172,427 | $877,806,927 |
Authorized shares - per class | Unlimited | Unlimited | Unlimited | 2 billion |
Par value per share | $ 0.01 | $ 0.001 | $ 0.01 | $ 0.0001 |
All-American | Intermediate Duration | Limited Term | Short Term | |
Investment Income | $144,109,066 | $131,702,937 | $71,183,779 | $ 7,483,802 |
Expenses | ||||
Management fees | 15,890,171 | 19,737,415 | 13,540,953 | 1,699,680 |
12b-1 service fees - Class A Shares | 3,358,152 | 1,006,865 | 1,638,735 | 325,141 |
12b-1 distribution and service fees - Class C Shares | 1,524,604 | 327,858 | 433,200 | 74,027 |
12b-1 distribution and service fees - Class C2 Shares(1) | 12,077 | 4,777 | 10,037 | 2,090 |
Shareholder servicing agent fees | 1,465,318 | 2,130,901 | 1,839,202 | 118,675 |
Interest expense | 2,035,140 | 70,564 | 49,661 | 6,320 |
Custodian fees | 282,211 | 296,800 | 262,843 | 82,584 |
Professional fees | 166,465 | 184,002 | 157,430 | 25,446 |
Trustees fees | 118,485 | 152,146 | 115,694 | 12,170 |
Shareholder reporting expenses | 118,141 | 86,303 | 160,541 | 31,659 |
Federal and state registration fees | 222,535 | 215,334 | 272,369 | 70,991 |
Other | 34,704 | 35,028 | 23,353 | 9,272 |
Total expenses | 25,228,003 | 24,247,993 | 18,504,018 | 2,458,055 |
Net investment income (loss) | 118,881,063 | 107,454,944 | 52,679,761 | 5,025,747 |
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) from investments | 3,795,561 | 2,836,177 | 373,720 | 47,367 |
Change in net unrealized appreciation (depreciation) of investments | 59,437,212 | 27,158,642 | 17,206,761 | (3,064,922) |
Net realized and unrealized gain (loss) | 63,232,773 | 29,994,819 | 17,580,481 | (3,017,555) |
Net increase (decrease) in net assets from operations | $182,113,836 | $137,449,763 | $70,260,242 | $ 2,008,192 |
(1) | Class C2 Shares were converted to Class A Shares at the close of business on June 4, 2021 and are no longer available for reinvestment or through an exchange from other Nuveen mutual funds. |
All-American | Intermediate Duration | ||||
Unaudited Six Months Ended 9/30/21 | Year Ended 3/31/21 | Unaudited Six Months Ended 9/30/21 | Year Ended 3/31/21 | ||
Operations | |||||
Net investment income (loss) | $ 118,881,063 | $ 204,283,898 | $ 107,454,944 | $ 214,349,733 | |
Net realized gain (loss) from: | |||||
Investments | 3,795,561 | (19,246,567) | 2,836,177 | (9,932,303) | |
Futures contracts | — | (1,335,976) | — | — | |
Change in net unrealized appreciation (depreciation) of: | |||||
Investments | 59,437,212 | 346,830,823 | 27,158,642 | 315,666,890 | |
Futures contracts | — | 1,353,022 | — | — | |
Net increase (decrease) in net assets from operations | 182,113,836 | 531,885,200 | 137,449,763 | 520,084,320 | |
Distributions to Shareholders | |||||
Dividends: | |||||
Class A Shares | (46,863,309) | (81,123,930) | (9,544,042) | (20,215,019) | |
Class C Shares | (3,050,307) | (6,076,930) | (358,695) | (964,927) | |
Class C2 Shares(1) | (37,474) | (1,694,048) | (9,476) | (325,755) | |
Class R6 Shares | (2,006,268) | (2,618,935) | — | — | |
Class I Shares | (67,775,633) | (118,819,419) | (98,039,825) | (210,955,887) | |
Return of capital: | |||||
Class A Shares | — | — | — | — | |
Class C Shares | — | — | — | — | |
Class C2 Shares | — | — | — | — | |
Class R6 Shares | — | — | — | — | |
Class I Shares | — | — | — | — | |
Decrease in net assets from distributions to shareholders | (119,732,991) | (210,333,262) | (107,952,038) | (232,461,588) | |
Fund Share Transactions | |||||
Fund reorganization | — | 360,774,817 | — | — | |
Proceeds from sale of shares | 1,206,427,875 | 2,896,007,035 | 1,459,701,660 | 4,088,450,020 | |
Proceeds from shares issued to shareholders due to reinvestment of distributions | 92,459,880 | 160,214,162 | 68,325,902 | 143,553,431 | |
1,298,887,755 | 3,416,996,014 | 1,528,027,562 | 4,232,003,451 | ||
Cost of shares redeemed | (643,292,855) | (1,481,377,443) | (1,232,844,603) | (2,797,262,006) | |
Net increase (decrease) in net assets from Fund share transactions | 655,594,900 | 1,935,618,571 | 295,182,959 | 1,434,741,445 | |
Net increase (decrease) in net assets | 717,975,745 | 2,257,170,509 | 324,680,684 | 1,722,364,177 | |
Net assets at the beginning of period | 7,857,586,659 | 5,600,416,150 | 10,352,561,413 | 8,630,197,236 | |
Net assets at the end of period | $8,575,562,404 | $ 7,857,586,659 | $10,677,242,097 | $10,352,561,413 |
(1) | Class C2 Shares were converted to Class A Shares at the close of business on June 4, 2021 and are no longer available for reinvestment or through an exchange from other Nuveen mutual funds. |
Limited Term | Short Term | ||||
Unaudited Six Months Ended 9/30/21 | Year Ended 3/31/21 | Unaudited Six Months Ended 9/30/21 | Year Ended 3/31/21 | ||
Operations | |||||
Net investment income (loss) | $ 52,679,761 | $ 101,247,978 | $ 5,025,747 | $ 9,084,832 | |
Net realized gain (loss) from: | |||||
Investments | 373,720 | (3,800,073) | 47,367 | 2,678 | |
Futures contracts | — | — | — | — | |
Change in net unrealized appreciation (depreciation) of: | |||||
Investments | 17,206,761 | 193,411,331 | (3,064,922) | 12,703,499 | |
Futures contracts | — | — | — | — | |
Net increase (decrease) in net assets from operations | 70,260,242 | 290,859,236 | 2,008,192 | 21,791,009 | |
Distributions to Shareholders | |||||
Dividends: | |||||
Class A Shares | (9,097,840) | (23,285,932) | (1,429,257) | (3,972,567) | |
Class C Shares | (141,202) | (798,670) | (6,846) | (104,616) | |
Class C2 Shares(1) | (15,191) | (901,317) | (2,454) | (38,822) | |
Class R6 Shares | — | — | — | — | |
Class I Shares | (43,150,260) | (97,064,632) | (2,740,956) | (7,146,886) | |
Return of capital: | |||||
Class A Shares | — | (1,633,980) | — | — | |
Class C Shares | — | (56,043) | — | — | |
Class C2 Shares | — | (63,246) | — | — | |
Class R6 Shares | — | — | — | — | |
Class I Shares | — | (6,810,971) | — | — | |
Decrease in net assets from distributions to shareholders | (52,404,493) | (130,614,791) | (4,179,513) | (11,262,891) | |
Fund Share Transactions | |||||
Fund reorganization | — | — | — | — | |
Proceeds from sale of shares | 1,739,113,293 | 3,650,856,595 | 205,209,049 | 437,620,628 | |
Proceeds from shares issued to shareholders due to reinvestment of distributions | 38,502,634 | 93,391,623 | 2,858,259 | 7,853,315 | |
1,777,615,927 | 3,744,248,218 | 208,067,308 | 445,473,943 | ||
Cost of shares redeemed | (886,075,388) | (1,912,177,897) | (145,253,166) | (360,588,985) | |
Net increase (decrease) in net assets from Fund share transactions | 891,540,539 | 1,832,070,321 | 62,814,142 | 84,884,958 | |
Net increase (decrease) in net assets | 909,396,288 | 1,992,314,766 | 60,642,821 | 95,413,076 | |
Net assets at the beginning of period | 7,871,776,139 | 5,879,461,373 | 817,164,106 | 721,751,030 | |
Net assets at the end of period | $8,781,172,427 | $ 7,871,776,139 | $ 877,806,927 | $ 817,164,106 |
(1) | Class C2 Shares were converted to Class A Shares at the close of business on June 4, 2021 and are no longer available for reinvestment or through an exchange from other Nuveen mutual funds. |
Selected data for a share outstanding throughout each period:
Investment Operations | Less Distributions | ||||||||
Class (Commencement Date) | Beginning NAV | Net Investment Income (Loss)(a) | Net Realized/ Unrealized Gain (Loss) | Total | From Net Investment Income | From Accumulated Net Realized Gains | Total | Ending NAV | |
Class A (10/88) | |||||||||
March 31, 2022(e) | $12.09 | $0.17 | $ 0.11 | $ 0.28 | $(0.17) | $ — | $(0.17) | $12.20 | |
March 31, 2021 | 11.49 | 0.35 | 0.62 | 0.97 | (0.37) | — | (0.37) | 12.09 | |
March 31, 2020 | 11.60 | 0.36 | (0.07) | 0.29 | (0.40) | — | (0.40) | 11.49 | |
March 31, 2019 | 11.44 | 0.42 | 0.15 | 0.57 | (0.41) | — | (0.41) | 11.60 | |
March 31, 2018 | 11.34 | 0.43 | 0.10 | 0.53 | (0.43) | — | (0.43) | 11.44 | |
March 31, 2017(f) | 11.80 | 0.39 | (0.46) | (0.07) | (0.39) | — | (0.39) | 11.34 | |
April 30, 2016 | 11.57 | 0.43 | 0.23 | 0.66 | (0.43) | — | (0.43) | 11.80 | |
Class C (2/14) | |||||||||
March 31, 2022(e) | 12.09 | 0.12 | 0.11 | 0.23 | (0.12) | — | (0.12) | 12.20 | |
March 31, 2021 | 11.48 | 0.26 | 0.62 | 0.88 | (0.27) | — | (0.27) | 12.09 | |
March 31, 2020 | 11.60 | 0.27 | (0.09) | 0.18 | (0.30) | — | (0.30) | 11.48 | |
March 31, 2019 | 11.44 | 0.33 | 0.15 | 0.48 | (0.32) | — | (0.32) | 11.60 | |
March 31, 2018 | 11.35 | 0.33 | 0.10 | 0.43 | (0.34) | — | (0.34) | 11.44 | |
March 31, 2017(f) | 11.80 | 0.31 | (0.46) | (0.15) | (0.30) | — | (0.30) | 11.35 | |
April 30, 2016 | 11.58 | 0.33 | 0.23 | 0.56 | (0.34) | — | (0.34) | 11.80 | |
Class R6 (6/16) | |||||||||
March 31, 2022(e) | 12.16 | 0.19 | 0.11 | 0.30 | (0.19) | — | (0.19) | 12.27 | |
March 31, 2021 | 11.55 | 0.38 | 0.62 | 1.00 | (0.39) | — | (0.39) | 12.16 | |
March 31, 2020 | 11.66 | 0.38 | (0.06) | 0.32 | (0.43) | — | (0.43) | 11.55 | |
March 31, 2019 | 11.49 | 0.45 | 0.15 | 0.60 | (0.43) | — | (0.43) | 11.66 | |
March 31, 2018 | 11.39 | 0.46 | 0.09 | 0.55 | (0.45) | — | (0.45) | 11.49 | |
March 31, 2017(g) | 12.09 | 0.34 | (0.71) | (0.37) | (0.33) | — | (0.33) | 11.39 | |
Class I (2/97) | |||||||||
March 31, 2022(e) | 12.14 | 0.18 | 0.12 | 0.30 | (0.19) | — | (0.19) | 12.25 | |
March 31, 2021 | 11.54 | 0.38 | 0.61 | 0.99 | (0.39) | — | (0.39) | 12.14 | |
March 31, 2020 | 11.65 | 0.38 | (0.07) | 0.31 | (0.42) | — | (0.42) | 11.54 | |
March 31, 2019 | 11.49 | 0.44 | 0.15 | 0.59 | (0.43) | — | (0.43) | 11.65 | |
March 31, 2018 | 11.39 | 0.45 | 0.10 | 0.55 | (0.45) | — | (0.45) | 11.49 | |
March 31, 2017(f) | 11.85 | 0.41 | (0.46) | (0.05) | (0.41) | — | (0.41) | 11.39 | |
April 30, 2016 | 11.62 | 0.45 | 0.24 | 0.69 | (0.46) | — | (0.46) | 11.85 |
Ratios/Supplemental Data | |||||
Ratios to Average Net Assets | |||||
Total Return(b) | Ending Net Assets (000) | Expenses Including Interest(c) | Expenses Excluding Interest | Net Investment Income (Loss) | Portfolio Turnover Rate(d) |
2.33% | $3,436,166 | 0.69%* | 0.64%* | 2.76%* | 6% |
8.51 | 3,154,428 | 0.69 | 0.66 | 2.98 | 19 |
2.41 | 2,255,358 | 0.70 | 0.67 | 3.10 | 14 |
5.11 | 1,554,833 | 0.73 | 0.69 | 3.68 | 29 |
4.66 | 1,325,011 | 0.72 | 0.69 | 3.69 | 14 |
(0.66) | 1,136,311 | 0.73* | 0.70* | 3.66* | 24 |
5.85 | 1,170,705 | 0.70 | 0.70 | 3.68 | 13 |
1.93 | 306,067 | 1.49* | 1.44* | 1.96* | 6 |
7.73 | 293,333 | 1.49 | 1.46 | 2.18 | 19 |
1.52 | 244,369 | 1.50 | 1.47 | 2.31 | 14 |
4.29 | 195,053 | 1.53 | 1.49 | 2.88 | 29 |
3.76 | 186,999 | 1.52 | 1.49 | 2.89 | 14 |
(1.38) | 163,496 | 1.52* | 1.49* | 2.87* | 24 |
5.04 | 116,024 | 1.50 | 1.50 | 2.86 | 13 |
2.44 | 151,733 | 0.46* | 0.41* | 2.98* | 6 |
8.79 | 114,355 | 0.45 | 0.42 | 3.19 | 19 |
2.65 | 41,526 | 0.47 | 0.44 | 3.29 | 14 |
5.40 | 12,469 | 0.49 | 0.45 | 3.90 | 29 |
4.86 | 6,725 | 0.48 | 0.45 | 3.94 | 14 |
(3.04) | 6,674 | 0.49* | 0.46* | 3.95* | 24 |
2.42 | 4,681,597 | 0.49* | 0.44* | 2.96* | 6 |
8.69 | 4,281,209 | 0.49 | 0.45 | 3.17 | 19 |
2.60 | 2,964,458 | 0.50 | 0.47 | 3.31 | 14 |
5.31 | 2,168,129 | 0.53 | 0.49 | 3.88 | 29 |
4.86 | 1,979,364 | 0.52 | 0.49 | 3.89 | 14 |
(0.47) | 1,654,217 | 0.53* | 0.50* | 3.86* | 24 |
6.05 | 1,417,738 | 0.50 | 0.50 | 3.88 | 13 |
(a) | Per share Net Investment Income (Loss) is calculated using the average daily shares method. |
(b) | Total return is the combination of changes in NAV without any sales charge, reinvested dividend income at NAV and reinvested capital gains distributions at NAV, if any. Total returns are not annualized. |
(c) | The expense ratios reflect, among other things, the interest expense deemed to have been paid by the Fund on the floating rate certificates issued by the special purpose trusts for the self-deposited inverse floaters held by the Fund, where applicable, as described in Note 4 – Portfolio Securities and Investments in Derivatives and the interest expense and fees paid on borrowings, as described in Note 9 – Borrowing Arrangements. |
(d) | Portfolio Turnover Rate is calculated based on the lesser of long-term purchases or sales (as disclosed in Note 4 – Portfolio Securities and Investments in Derivatives) divided by the average long-term market value during the period. |
(e) | Unaudited. For the six months ended September 30, 2021. |
(f) | For the eleven months ended March 31, 2017. |
(g) | For the period June 30, 2016 (commencement of operations) through March 31, 2017. |
* | Annualized. |
Selected data for a share outstanding throughout each period:
Investment Operations | Less Distributions | ||||||||
Class (Commencement Date) | Beginning NAV | Net Investment Income (Loss)(a) | Net Realized/ Unrealized Gain (Loss) | Total | From Net Investment Income | From Accumulated Net Realized Gains | Total | Ending NAV | |
Class A (6/95) | |||||||||
March 31, 2022(f) | $9.57 | $0.09 | $ 0.03 | $ 0.12 | $(0.09) | $ — | $(0.09) | $9.60 | |
March 31, 2021 | 9.26 | 0.20 | 0.33 | 0.53 | (0.22) | — | (0.22) | 9.57 | |
March 31, 2020 | 9.29 | 0.23 | (0.02) | 0.21 | (0.24) | — | (0.24) | 9.26 | |
March 31, 2019 | 9.07 | 0.26 | 0.21 | 0.47 | (0.25) | — | (0.25) | 9.29 | |
March 31, 2018 | 9.03 | 0.27 | 0.02 | 0.29 | (0.25) | — | (0.25) | 9.07 | |
March 31, 2017(g) | 9.40 | 0.23 | (0.36) | (0.13) | (0.23) | (0.01) | (0.24) | 9.03 | |
April 30, 2016 | 9.22 | 0.26 | 0.18 | 0.44 | (0.26) | — | (0.26) | 9.40 | |
Class C (2/14) | |||||||||
March 31, 2022(f) | 9.57 | 0.05 | 0.03 | 0.08 | (0.05) | — | (0.05) | 9.60 | |
March 31, 2021 | 9.26 | 0.13 | 0.32 | 0.45 | (0.14) | — | (0.14) | 9.57 | |
March 31, 2020 | 9.29 | 0.16 | (0.02) | 0.14 | (0.17) | — | (0.17) | 9.26 | |
March 31, 2019 | 9.08 | 0.19 | 0.20 | 0.39 | (0.18) | — | (0.18) | 9.29 | |
March 31, 2018 | 9.03 | 0.19 | 0.04 | 0.23 | (0.18) | — | (0.18) | 9.08 | |
March 31, 2017(g) | 9.40 | 0.16 | (0.35) | (0.19) | (0.17) | (0.01) | (0.18) | 9.03 | |
April 30, 2016 | 9.23 | 0.18 | 0.18 | 0.36 | (0.19) | — | (0.19) | 9.40 | |
Class I (11/76) | |||||||||
March 31, 2022(f) | 9.60 | 0.10 | 0.03 | 0.13 | (0.10) | — | (0.10) | 9.63 | |
March 31, 2021 | 9.29 | 0.22 | 0.33 | 0.55 | (0.24) | — | (0.24) | 9.60 | |
March 31, 2020 | 9.31 | 0.25 | (0.01) | 0.24 | (0.26) | — | (0.26) | 9.29 | |
March 31, 2019 | 9.10 | 0.28 | 0.20 | 0.48 | (0.27) | — | (0.27) | 9.31 | |
March 31, 2018 | 9.05 | 0.29 | 0.03 | 0.32 | (0.27) | — | (0.27) | 9.10 | |
March 31, 2017(g) | 9.42 | 0.25 | (0.36) | (0.11) | (0.25) | (0.01) | (0.26) | 9.05 | |
April 30, 2016 | 9.25 | 0.28 | 0.17 | 0.45 | (0.28) | — | (0.28) | 9.42 |
Ratios/Supplemental Data | |||||
Ratios to Average Net Assets (c) | |||||
Total Return(b) | Ending Net Assets (000) | Expenses Including Interest(d) | Expenses Excluding Interest | Net Investment Income (Loss) | Portfolio Turnover Rate(e) |
1.27% | $1,023,217 | 0.63%* | 0.63%* | 1.87%* | 13% |
5.79 | 967,315 | 0.64 | 0.64 | 2.12 | 18 |
2.28 | 768,267 | 0.65 | 0.65 | 2.45 | 22 |
5.29 | 603,262 | 0.67 | 0.67 | 2.86 | 15 |
3.25 | 525,754 | 0.68 | 0.68 | 2.90 | 18 |
(1.40) | 505,589 | 0.69* | 0.69* | 2.70* | 24 |
4.83 | 1,076,822 | 0.68 | 0.68 | 2.77 | 18 |
0.87 | 64,112 | 1.43* | 1.43* | 1.07* | 13 |
4.93 | 65,566 | 1.44 | 1.44 | 1.33 | 18 |
1.48 | 59,004 | 1.45 | 1.45 | 1.65 | 22 |
4.35 | 48,182 | 1.47 | 1.47 | 2.06 | 15 |
2.56 | 46,897 | 1.48 | 1.48 | 2.11 | 18 |
(2.10) | 45,483 | 1.49* | 1.49* | 1.91* | 24 |
3.91 | 35,070 | 1.48 | 1.48 | 1.99 | 18 |
1.36 | 9,589,912 | 0.43* | 0.43* | 2.07* | 13 |
5.97 | 9,315,167 | 0.44 | 0.44 | 2.32 | 18 |
2.58 | 7,775,550 | 0.45 | 0.45 | 2.65 | 22 |
5.37 | 6,138,037 | 0.47 | 0.47 | 3.06 | 15 |
3.56 | 4,782,475 | 0.48 | 0.48 | 3.11 | 18 |
(1.22) | 4,485,912 | 0.49* | 0.49* | 2.91* | 24 |
4.91 | 3,979,824 | 0.49 | 0.49 | 3.02 | 18 |
(a) | Per share Net Investment Income (Loss) is calculated using the average daily shares method. |
(b) | Total return is the combination of changes in NAV without any sales charge, reinvested dividend income at NAV and reinvested capital gains distributions at NAV, if any. Total returns are not annualized. |
(c) | The Fund has a contractual fee waiver/expense reimbursement agreement with the Adviser, but did not receive a fee waiver/expense reimbursement during the periods presented herein. See Note 7 - Management Fees and Other Transactions with Affiliates for more information. |
(d) | The expense ratios reflect, among other things, the interest expense and fees paid on borrowings, as described in Note 9 – Borrowing Arrangements. |
(e) | Portfolio Turnover Rate is calculated based on the lesser of long-term purchases or sales (as disclosed in Note 4 – Portfolio Securities and Investments in Derivatives) divided by the average long-term market value during the period. |
(f) | Unaudited. For the six months ended September 30, 2021. |
(g) | For the eleven months ended March 31, 2017. |
* | Annualized. |
Selected data for a share outstanding throughout each period:
Investment Operations | Less Distributions | |||||||||
Class (Commencement Date) | Beginning NAV | Net Investment Income (Loss)(a) | Net Realized/ Unrealized Gain (Loss) | Total | Net Investment Income | From Accumulated Net Realized Gains | Return of Capital | Total | Ending NAV | |
Class A (10/87) | ||||||||||
March 31, 2022(f) | $11.32 | $0.06 | $ 0.03 | $ 0.09 | $(0.06) | $ — | $ — | $(0.06) | $11.35 | |
March 31, 2021 | 11.02 | 0.15 | 0.35 | 0.50 | (0.19) | — | (0.01) | (0.20) | 11.32 | |
March 31, 2020 | 11.08 | 0.22 | (0.06) | 0.16 | (0.22) | — | — | (0.22) | 11.02 | |
March 31, 2019 | 10.83 | 0.23 | 0.23 | 0.46 | (0.21) | — | — | (0.21) | 11.08 | |
March 31, 2018 | 10.88 | 0.21 | (0.06) | 0.15 | (0.20) | — | — | (0.20) | 10.83 | |
March 31, 2017(g) | 11.17 | 0.17 | (0.28) | (0.11) | (0.18) | — | — | (0.18) | 10.88 | |
April 30, 2016 | 11.10 | 0.20 | 0.08 | 0.28 | (0.21) | — | — | (0.21) | 11.17 | |
Class C (2/14) | ||||||||||
March 31, 2022(f) | 11.27 | 0.02 | 0.04 | 0.06 | (0.02) | — | — | (0.02) | 11.31 | |
March 31, 2021 | 10.98 | 0.06 | 0.34 | 0.40 | (0.10) | — | (0.01) | (0.11) | 11.27 | |
March 31, 2020 | 11.04 | 0.13 | (0.06) | 0.07 | (0.13) | — | — | (0.13) | 10.98 | |
March 31, 2019 | 10.78 | 0.14 | 0.24 | 0.38 | (0.12) | — | — | (0.12) | 11.04 | |
March 31, 2018 | 10.83 | 0.12 | (0.06) | 0.06 | (0.11) | — | — | (0.11) | 10.78 | |
March 31, 2017(g) | 11.12 | 0.09 | (0.28) | (0.19) | (0.10) | — | — | (0.10) | 10.83 | |
April 30, 2016 | 11.06 | 0.12 | 0.07 | 0.19 | (0.13) | — | — | (0.13) | 11.12 | |
Class I (2/97) | ||||||||||
March 31, 2022(f) | 11.28 | 0.08 | 0.03 | 0.11 | (0.08) | — | — | (0.08) | 11.31 | |
March 31, 2021 | 10.98 | 0.17 | 0.35 | 0.52 | (0.21) | — | (0.01) | (0.22) | 11.28 | |
March 31, 2020 | 11.04 | 0.24 | (0.06) | 0.18 | (0.24) | — | — | (0.24) | 10.98 | |
March 31, 2019 | 10.79 | 0.25 | 0.23 | 0.48 | (0.23) | — | — | (0.23) | 11.04 | |
March 31, 2018 | 10.83 | 0.23 | (0.05) | 0.18 | (0.22) | — | — | (0.22) | 10.79 | |
March 31, 2017(g) | 11.12 | 0.19 | (0.28) | (0.09) | (0.20) | — | — | (0.20) | 10.83 | |
April 30, 2016 | 11.05 | 0.23 | 0.06 | 0.29 | (0.22) | — | — | (0.22) | 11.12 |
Ratios/Supplemental Data | |||||||||
Ratios to Average Net Assets Before Waiver/Reimbursement | Ratios to Average Net Assets After Waiver/Reimbursement(c) | ||||||||
Total Return(b) | Ending Net Assets (000) | Expenses Including Interest(d) | Expenses Excluding Interest | Net Investment Income (Loss) | Expenses Including Interest(d) | Expenses Excluding Interest | Net Investment Income (Loss) | Portfolio Turnover Rate(e) | |
0.83% | $1,659,067 | 0.60%* | 0.60%* | 1.13%* | 0.60%* | 0.60%* | 1.13%* | 13% | |
4.55 | 1,597,780 | 0.61 | 0.61 | 1.31 | 0.61 | 0.61 | 1.31 | 18 | |
1.43 | 1,236,659 | 0.62 | 0.61 | 1.97 | 0.62 | 0.61 | 1.97 | 22 | |
4.27 | 1,015,540 | 0.63 | 0.63 | 2.07 | 0.63 | 0.63 | 2.07 | 27 | |
1.36 | 998,226 | 0.62 | 0.62 | 1.92 | 0.62 | 0.62 | 1.92 | 21 | |
(0.99) | 1,094,434 | 0.63* | 0.63* | 1.72* | 0.63* | 0.63* | 1.72* | 26 | |
2.50 | 1,208,642 | 0.63 | 0.63 | 1.84 | 0.63 | 0.63 | 1.84 | 20 | |
0.52 | 83,717 | 1.40* | 1.40* | 0.33* | 1.40* | 1.40* | 0.33* | 13 | |
3.64 | 88,543 | 1.41 | 1.41 | 0.53 | 1.41 | 1.41 | 0.53 | 18 | |
0.62 | 88,648 | 1.42 | 1.41 | 1.17 | 1.42 | 1.41 | 1.17 | 22 | |
3.52 | 83,991 | 1.43 | 1.43 | 1.27 | 1.43 | 1.43 | 1.27 | 27 | |
0.53 | 93,327 | 1.42 | 1.42 | 1.12 | 1.42 | 1.42 | 1.12 | 21 | |
(1.74) | 112,035 | 1.43* | 1.43* | 0.92* | 1.43* | 1.43* | 0.92* | 26 | |
1.71 | 90,330 | 1.43 | 1.43 | 1.04 | 1.36 | 1.36 | 1.11 | 20 | |
0.94 | 7,038,388 | 0.40* | 0.40* | 1.33* | 0.40* | 0.40* | 1.33* | 13 | |
4.76 | 6,172,134 | 0.41 | 0.41 | 1.51 | 0.41 | 0.41 | 1.51 | 18 | |
1.63 | 4,447,770 | 0.42 | 0.41 | 2.17 | 0.42 | 0.41 | 2.17 | 22 | |
4.46 | 4,014,613 | 0.43 | 0.43 | 2.27 | 0.43 | 0.43 | 2.27 | 27 | |
1.62 | 3,225,826 | 0.42 | 0.42 | 2.12 | 0.42 | 0.42 | 2.12 | 21 | |
(0.85) | 3,012,577 | 0.43* | 0.43* | 1.92* | 0.43* | 0.43* | 1.92* | 26 | |
2.68 | 2,744,568 | 0.43 | 0.43 | 2.04 | 0.43 | 0.43 | 2.04 | 20 |
(a) | Per share Net Investment Income (Loss) is calculated using the average daily shares method. |
(b) | Total return is the combination of changes in NAV without any sales charge, reinvested dividend income at NAV and reinvested capital gains distributions at NAV, if any. Total returns are not annualized. |
(c) | After fee waiver and/or expense reimbursement from the Adviser, where applicable. During the fiscal year ended April 30, 2016, the Adviser agreed to waive 0.25% of the 12b-1 distribution and/or service fees for Class C Shares through August 31, 2015. After August 31, 2015, the Adviser is no longer waiving fees or reimbursing expenses for Class C Shares. |
(d) | The expense ratios reflect, among other things, the interest expense and fees paid on borrowings, as described in Note 9 – Borrowing Arrangements. |
(e) | Portfolio Turnover Rate is calculated based on the lesser of long-term purchases or sales (as disclosed in Note 4 – Portfolio Securities and Investments in Derivatives) divided by the average long-term market value during the period. |
(f) | Unaudited. For the six months ended September 30, 2021. |
(g) | For the eleven months ended March 31, 2017. |
* | Annualized. |
Selected data for a share outstanding throughout each period:
Investment Operations | Less Distributions | ||||||||
Class (Commencement Date) | Beginning NAV | Net Investment Income (Loss)(a) | Net Realized/ Unrealized Gain (Loss) | Total | From Net Investment Income | From Accumulated Net Realized Gains | Total | Ending NAV | |
Class A (10/02) | |||||||||
March 31, 2022(e) | $10.18 | $0.05 | $(0.03) | $ 0.02 | $ (0.05) | $ — | $(0.05) | $10.15 | |
March 31, 2021 | 10.03 | 0.11 | 0.18 | 0.29 | (0.14) | — | (0.14) | 10.18 | |
March 31, 2020 | 10.09 | 0.16 | (0.06) | 0.10 | (0.16) | — | (0.16) | 10.03 | |
March 31, 2019 | 9.98 | 0.14 | 0.10 | 0.24 | (0.13) | — | (0.13) | 10.09 | |
March 31, 2018 | 10.04 | 0.11 | (0.07) | 0.04 | (0.10) | — | (0.10) | 9.98 | |
March 31, 2017(f) | 10.12 | 0.09 | (0.08) | 0.01 | (0.09) | — | (0.09) | 10.04 | |
April 30, 2016 | 10.11 | 0.10 | —** | 0.10 | (0.09) | — | (0.09) | 10.12 | |
Class C (2/14) | |||||||||
March 31, 2022(e) | 10.15 | 0.01 | (0.04) | (0.03) | ( —) | — | — | 10.12 | |
March 31, 2021 | 10.00 | 0.03 | 0.18 | 0.21 | (0.06) | — | (0.06) | 10.15 | |
March 31, 2020 | 10.06 | 0.08 | (0.06) | 0.02 | (0.08) | — | (0.08) | 10.00 | |
March 31, 2019 | 9.96 | 0.06 | 0.09 | 0.15 | (0.05) | — | (0.05) | 10.06 | |
March 31, 2018 | 10.02 | 0.03 | (0.07) | (0.04) | (0.02) | — | (0.02) | 9.96 | |
March 31, 2017(f) | 10.11 | 0.02 | (0.09) | (0.07) | (0.02) | — | (0.02) | 10.02 | |
April 30, 2016 | 10.10 | 0.03 | 0.01 | 0.04 | (0.03) | — | (0.03) | 10.11 | |
Class I (10/02) | |||||||||
March 31, 2022(e) | 10.19 | 0.06 | (0.03) | 0.03 | (0.05) | — | (0.05) | 10.17 | |
March 31, 2021 | 10.04 | 0.13 | 0.18 | 0.31 | (0.16) | — | (0.16) | 10.19 | |
March 31, 2020 | 10.10 | 0.18 | (0.06) | 0.12 | (0.18) | — | (0.18) | 10.04 | |
March 31, 2019 | 9.99 | 0.16 | 0.10 | 0.26 | (0.15) | — | (0.15) | 10.10 | |
March 31, 2018 | 10.04 | 0.13 | (0.06) | 0.07 | (0.12) | — | (0.12) | 9.99 | |
March 31, 2017(f) | 10.13 | 0.11 | (0.10) | 0.01 | (0.10) | — | (0.10) | 10.04 | |
April 30, 2016 | 10.11 | 0.12 | 0.01 | 0.13 | (0.11) | — | (0.11) | 10.13 |
Ratios/Supplemental Data | |||||||
Ratios to Average Net Assets Before Waiver/Reimbursement | Ratios to Average Net Assets After Waiver/Reimbursement(c) | ||||||
Total Return(b) | Ending Net Assets (000) | Expenses | Net Investment Income (Loss) | Expenses | Net Investment Income (Loss) | Portfolio Turnover Rate(d) | |
0.15% | $320,190 | 0.68%* | 1.06%* | 0.68%* | 1.06%* | 17% | |
2.90 | 329,109 | 0.68 | 1.08 | 0.68 | 1.08 | 38 | |
0.96 | 259,148 | 0.69 | 1.57 | 0.69 | 1.57 | 37 | |
2.42 | 156,526 | 0.72 | 1.44 | 0.72 | 1.44 | 45 | |
0.41 | 168,828 | 0.72 | 1.09 | 0.72 | 1.09 | 28 | |
0.08 | 187,573 | 0.71* | 0.97* | 0.71* | 0.97* | 44 | |
1.01 | 174,484 | 0.71 | 0.97 | 0.71 | 0.97 | 24 | |
(0.25) | 13,372 | 1.48* | 0.26* | 1.48* | 0.26* | 17 | |
2.08 | 16,519 | 1.48 | 0.29 | 1.48 | 0.29 | 38 | |
0.16 | 17,781 | 1.49 | 0.77 | 1.49 | 0.77 | 37 | |
1.53 | 6,879 | 1.52 | 0.64 | 1.52 | 0.64 | 45 | |
(0.37) | 8,193 | 1.52 | 0.29 | 1.52 | 0.29 | 28 | |
(0.73) | 10,069 | 1.51* | 0.17* | 1.51* | 0.17* | 44 | |
0.41 | 6,971 | 1.51 | 0.17 | 1.38 | 0.30 | 24 | |
0.33 | 544,244 | 0.48* | 1.26* | 0.48* | 1.26* | 17 | |
3.10 | 469,157 | 0.48 | 1.28 | 0.48 | 1.28 | 38 | |
1.16 | 440,687 | 0.49 | 1.77 | 0.49 | 1.77 | 37 | |
2.62 | 433,253 | 0.52 | 1.64 | 0.52 | 1.64 | 45 | |
0.69 | 401,052 | 0.51 | 1.29 | 0.51 | 1.29 | 28 | |
0.14 | 430,038 | 0.51* | 1.17* | 0.51* | 1.17* | 44 | |
1.29 | 454,620 | 0.51 | 1.16 | 0.51 | 1.16 | 24 |
(a) | Per share Net Investment Income (Loss) is calculated using the average daily shares method. |
(b) | Total return is the combination of changes in NAV without any sales charge, reinvested dividend income at NAV and reinvested capital gains distributions at NAV, if any. Total returns are not annualized. |
(c) | After fee waiver and/or expense reimbursement from the Adviser, where applicable. During the fiscal year ended April 30, 2016, the Adviser agreed to waive 0.45% of the 12b-1 distribution and/or service fees for Class C Shares through August 31, 2015. After August 31, 2015, the Adviser is no longer waiving fees or reimbursing expenses for Class C Shares. |
(d) | Portfolio Turnover Rate is calculated based on the lesser of long-term purchases or sales (as disclosed in Note 4 – Portfolio Securities and Investments in Derivatives) divided by the average long-term market value during the period. |
(e) | Unaudited. For the six months ended September 30, 2021. |
(f) | For the eleven months ended March 31, 2017. |
* | Annualized. |
** | Rounds to less than $.01 per share. |
All-American | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments*: | ||||
Municipal Bonds | $ — | $9,395,223,272 | $8,689,771** | $9,403,913,043 |
Common Stocks | — | 28,926,188*** | — | 28,926,188 |
Corporate Bonds | — | 45,702 | — | 45,702 |
Short-Term Investments*: | ||||
Municipal Bonds | — | 27,666,904 | — | 27,666,904 |
Total | $ — | $9,451,862,066 | $8,689,771 | $9,460,551,837 |
Intermediate Duration | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments*: | ||||
Municipal Bonds | $ — | $10,312,670,794 | $ — | $10,312,670,794 |
Common Stocks | — | 107,203,302*** | — | 107,203,302 |
Asset-Backed Securities | — | 8,456,621 | — | 8,456,621 |
Short-Term Investments*: | ||||
Municipal Bonds | — | 208,846,639 | — | 208,846,639 |
Total | $ — | $10,637,177,356 | $ — | $10,637,177,356 |
Limited Term | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments*: | ||||
Municipal Bonds | $ — | $8,434,819,191 | $ — | $8,434,819,191 |
Common Stocks | — | 113,152,698*** | — | 113,152,698 |
Short-Term Investments*: | ||||
Municipal Bonds | — | 216,012,169 | — | 216,012,169 |
Total | $ — | $8,763,984,058 | $ — | $8,763,984,058 |
Short Term | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments*: | ||||
Municipal Bonds | $ — | $813,988,099 | $ — | $813,988,099 |
Common Stocks | — | 890,931*** | — | 890,931 |
Short-Term Investments*: | ||||
Municipal Bonds | — | 45,945,240 | — | 45,945,240 |
Total | $ — | $860,824,270 | $ — | $860,824,270 |
* | Refer to the Fund's Portfolio of Investments for state and or/industry classifications, where applicable. |
** | Refer to the Fund's Portfolio of Investments for securities classified as Level 3. |
*** | Refer to the Fund's Portfolio of Investments for securities classified as Level 2. |
Floating Rate Obligations Outstanding | All-American | Intermediate Duration | Limited Term | Short Term |
Floating rate obligations: self-deposited Inverse Floaters | $936,496,000 | $ — | $ — | $ — |
Floating rate obligations: externally-deposited Inverse Floaters | 7,500,000 | — | — | — |
Total | $943,996,000 | $ — | $ — | $ — |
Self-Deposited Inverse Floaters | All-American | Intermediate Duration | Limited Term | Short Term |
Average floating rate obligations outstanding | $553,246,447 | $ — | $ — | $ — |
Average annual interest rate and fees | 0.71% | —% | —% | —% |
Floating Rate Obligations - Recourse Trusts | All-American | Intermediate Duration | Limited Term | Short Term |
Maximum exposure to Recourse Trusts: self-deposited Inverse Floaters | $936,496,000 | $ — | $ — | $ — |
Maximum exposure to Recourse Trusts: externally-deposited Inverse Floaters | 7,500,000 | — | — | — |
Total | $943,996,000 | $ — | $ — | $ — |
All-American | Intermediate Duration | Limited Term | Short Term | |
Purchases | $1,705,586,952 | $1,774,412,023 | $2,141,836,507 | $196,503,155 |
Sales and maturities | 485,177,991 | 1,325,843,338 | 1,046,934,854 | 138,562,134 |
Six Months Ended 9/30/21 | Year Ended 3/31/21 | ||||
All-American | Shares | Amount | Shares | Amount | |
Shares issued in the Reorganization: | |||||
Class A | — | $ — | 19,156,801 | $ 233,188,419 | |
Class C | — | — | 1,274,834 | 15,515,776 | |
Class C2 | — | — | 802,614 | 9,776,220 | |
Class R6 | — | — | — | — | |
Class I | — | — | 8,366,710 | 102,294,402 | |
Shares sold: | |||||
Class A | 35,293,067 | 435,703,634 | 80,857,717 | 962,165,430 | |
Class A – automatic conversion of Class C Shares | 9,068 | 109,816 | 1,251 | 15,083 | |
Class A – automatic conversion of Class C2 Shares | 596,057 | 7,361,302 | 51,474 | 553,514 | |
Class C | 2,747,974 | 33,929,882 | 6,255,688 | 74,146,100 | |
Class C2(1) | — | — | 101,075 | 1,163,037 | |
Class R6 | 3,624,728 | 45,054,805 | 6,843,048 | 81,553,997 | |
Class I | 55,184,685 | 684,268,436 | 149,187,998 | 1,776,409,874 | |
Shares issued to shareholders due to reinvestment of distributions: | |||||
Class A | 3,356,133 | 41,377,237 | 5,962,370 | 70,900,096 | |
Class C | 216,989 | 2,675,331 | 435,678 | 5,176,284 | |
Class C2(1) | 2,645 | 32,476 | 126,220 | 1,495,069 | |
Class R6 | 136,193 | 1,688,386 | 179,326 | 2,148,951 | |
Class I | 3,769,465 | 46,686,450 | 6,737,075 | 80,493,762 | |
104,937,004 | 1,298,887,755 | 286,339,879 | 3,416,996,014 | ||
Shares redeemed: | |||||
Class A | (18,466,292) | (227,710,741) | (41,478,513) | (492,570,402) | |
Class C | (2,125,298) | (26,233,973) | (4,979,389) | (59,143,807) | |
Class C – automatic conversion to Class A Shares | (9,076) | (109,816) | (1,251) | (15,083) | |
Class C2(1) | (585,597) | (7,119,866) | (8,040,319) | (96,290,818) | |
Class C2 – automatic conversion to Class A Shares | (595,575) | (7,361,302) | (51,445) | (553,514) | |
Class R6 | (797,153) | (9,886,794) | (1,212,137) | (14,402,426) | |
Class I | (29,435,225) | (364,870,363) | (68,735,963) | (818,401,393) | |
(52,014,216) | (643,292,855) | (124,499,017) | (1,481,377,443) | ||
Net increase (decrease) | 52,922,788 | $ 655,594,900 | 161,840,862 | $ 1,935,618,571 |
(1) | Class C2 Shares were converted to Class A Shares at the close of business on June 4, 2021 and are no longer available for reinvestment or through an exchange from other Nuveen mutual funds. |
Six Months Ended 9/30/21 | Year Ended 3/31/21 | ||||
Intermediate Duration | Shares | Amount | Shares | Amount | |
Shares sold: | |||||
Class A | 11,549,580 | $ 111,575,882 | 35,164,259 | $ 334,214,277 | |
Class A – automatic conversion of Class C Shares | 1,531 | 14,651 | — | — | |
Class A – automatic conversion of Class C2 Shares | 320,293 | 3,094,027 | 9,288 | 88,875 | |
Class C | 452,221 | 4,370,661 | 1,834,474 | 17,416,988 | |
Class C2(1) | — | — | 26,844 | 248,467 | |
Class I | 138,297,190 | 1,340,646,439 | 391,905,516 | 3,736,481,413 | |
Shares issued to shareholders due to reinvestment of distributions: | |||||
Class A | 860,654 | 8,307,387 | 1,853,124 | 17,600,656 | |
Class C | 32,398 | 312,743 | 87,295 | 829,012 | |
Class C2(1) | 904 | 8,724 | 29,643 | 281,149 | |
Class I | 6,164,792 | 59,697,048 | 13,106,058 | 124,842,614 | |
157,679,563 | 1,528,027,562 | 444,016,501 | 4,232,003,451 | ||
Shares redeemed: | |||||
Class A | (7,221,870) | (69,784,255) | (18,847,871) | (178,179,006) | |
Class C | (656,059) | (6,341,010) | (1,439,241) | (13,705,337) | |
Class C – automatic conversion to Class A Shares | (1,531) | (14,651) | — | — | |
Class C2(1) | (152,341) | (1,464,237) | (2,529,545) | (24,100,139) | |
Class C2 – automatic conversion to Class A Shares | (319,631) | (3,094,027) | (9,279) | (88,875) | |
Class I | (119,048,568) | (1,152,146,423) | (271,273,353) | (2,581,188,649) | |
(127,400,000) | (1,232,844,603) | (294,099,289) | (2,797,262,006) | ||
Net increase (decrease) | 30,279,563 | $ 295,182,959 | 149,917,212 | $ 1,434,741,445 |
(1) | Class C2 Shares were converted to Class A Shares at the close of business on June 4, 2021 and are no longer available for reinvestment or through an exchange from other Nuveen mutual funds. |
Six Months Ended 9/30/21 | Year Ended 3/31/21 | ||||
Limited Term | Shares | Amount | Shares | Amount | |
Shares sold: | |||||
Class A | 17,246,549 | $ 196,414,388 | 55,768,308 | $ 629,547,049 | |
Class A – automatic conversion of Class C Shares | 2,710 | 30,682 | — | — | |
Class A – automatic conversion of Class C2 Shares | 764,353 | 8,705,985 | 14,017 | 156,753 | |
Class C | 530,876 | 6,023,129 | 2,147,651 | 24,113,490 | |
Class C2(1) | — | — | 76,506 | 853,769 | |
Class I | 134,548,043 | 1,527,939,109 | 266,161,183 | 2,996,185,534 | |
Shares issued to shareholders due to reinvestment of distributions: | |||||
Class A | 684,947 | 7,797,779 | 1,886,015 | 21,274,142 | |
Class C | 11,384 | 129,083 | 67,316 | 755,877 | |
Class C2(1) | 1,198 | 13,594 | 74,163 | 833,440 | |
Class I | 2,694,052 | 30,562,178 | 6,272,038 | 70,528,164 | |
156,484,112 | 1,777,615,927 | 332,467,197 | 3,744,248,218 | ||
Shares redeemed: | |||||
Class A | (13,704,012) | (156,100,802) | (28,738,940) | (324,032,936) | |
Class C | (988,321) | (11,216,808) | (2,438,142) | (27,402,645) | |
Class C – automatic conversion to Class A Shares | (2,720) | (30,682) | — | — | |
Class C2(1) | (414,299) | (4,688,236) | (8,633,539) | (97,243,821) | |
Class C2 – automatic conversion to Class A Shares | (765,698) | (8,705,985) | (14,047) | (156,753) | |
Class I | (62,175,274) | (705,332,875) | (130,316,209) | (1,463,341,742) | |
(78,050,324) | (886,075,388) | (170,140,877) | (1,912,177,897) | ||
Net increase (decrease) | 78,433,788 | $ 891,540,539 | 162,326,320 | $ 1,832,070,321 |
(1) | Class C2 Shares were converted to Class A Shares at the close of business on June 4, 2021 and are no longer available for reinvestment or through an exchange from other Nuveen mutual funds. |
Six Months Ended 9/30/21 | Year Ended 3/31/21 | ||||
Short Term | Shares | Amount | Shares | Amount | |
Shares sold: | |||||
Class A | 5,008,975 | $ 51,058,201 | 18,840,097 | $ 191,469,723 | |
Class A – automatic conversion of Class C Shares | 44 | 450 | 95 | 966 | |
Class A – automatic conversion of Class C2 Shares | 193,245 | 1,969,164 | — | — | |
Class C | 72,790 | 740,352 | 727,083 | 7,341,666 | |
Class C2(1) | — | — | 10,401 | 106,200 | |
Class I | 14,832,461 | 151,440,882 | 23,436,658 | 238,702,073 | |
Shares issued to shareholders due to reinvestment of distributions: | |||||
Class A | 122,345 | 1,246,347 | 345,306 | 3,512,754 | |
Class C | 620 | 6,301 | 9,008 | 91,319 | |
Class C2(1) | 207 | 2,103 | 3,672 | 37,307 | |
Class I | 157,205 | 1,603,508 | 413,626 | 4,211,935 | |
20,387,892 | 208,067,308 | 43,785,946 | 445,473,943 | ||
Shares redeemed: | |||||
Class A | (6,125,665) | (62,445,436) | (12,689,372) | (128,787,234) | |
Class C | (380,174) | (3,865,447) | (886,343) | (8,994,213) | |
Class C – automatic conversion to Class A Shares | (44) | (450) | (95) | (966) | |
Class C2(1) | (40,970) | (416,944) | (192,804) | (1,961,543) | |
Class C2 – automatic conversion to Class A Shares | (193,245) | (1,969,164) | — | — | |
Class I | (7,501,110) | (76,555,725) | (21,700,953) | (220,845,029) | |
(14,241,208) | (145,253,166) | (35,469,567) | (360,588,985) | ||
Net increase (decrease) | 6,146,684 | $ 62,814,142 | 8,316,379 | $ 84,884,958 |
(1) | Class C2 Shares were converted to Class A Shares at the close of business on June 4, 2021 and are no longer available for reinvestment or through an exchange from other Nuveen mutual funds. |
All-American | Intermediate Duration | Limited Term | Short Term | |
Tax cost of investments | $7,929,430,647 | $10,110,252,103 | $8,509,203,716 | $849,742,855 |
Gross unrealized: | ||||
Appreciation | $ 638,046,547 | $ 558,404,523 | $ 268,268,022 | $ 11,627,358 |
Depreciation | (43,417,470) | (31,479,270) | (13,487,680) | (545,943) |
Net unrealized appreciation (depreciation) of investments | $ 594,629,077 | $ 526,925,253 | $ 254,780,342 | $ 11,081,415 |
All-American | Intermediate Duration | Limited Term | Short Term | |
Undistributed net tax-exempt income1 | $4,286,656 | $6,131,535 | $ — | $727,271 |
Undistributed net ordinary income2 | 8,724 | 361,014 | — | 4,265 |
Undistributed net long-term capital gains | — | — | — | — |
1 | Undistributed net tax-exempt income (on a tax basis) has not been reduced for the dividends declared during the period March 1, 2021 through March 31, 2021, and paid on April 1, 2021. |
2 | Net ordinary income consists of taxable market discount income and net short-term capital gains, if any. |
All-American | Intermediate Duration | Limited Term | Short Term | |
Distributions from net tax-exempt income | $208,157,487 | $228,713,922 | $120,299,298 | $11,261,554 |
Distributions from net ordinary income2 | 2,175,775 | 3,747,666 | 1,751,253 | 1,337 |
Distributions from net long-term capital gains | — | — | — | — |
Return of capital | — | — | 8,564,240 | — |
2 | Net ordinary income consists of taxable market discount income and net short-term capital gains, if any. |
All-American 3 | Intermediate Duration | Limited Term | Short Term | |
Not subject to expiration: | ||||
Short-term | $102,817,784 | $27,437,567 | $15,618,089 | $ 236,159 |
Long-term | 18,303,419 | — | 15,649,886 | 1,034,201 |
Total | $121,121,203 | $27,437,567 | $31,267,975 | $1,270,360 |
3 | A portion of All-American's capital loss carryforward is subject to an annual limitation under the Internal Revenue Code and related regulations. |
Average Daily Net Assets | All- American | Intermediate Duration | Limited Term | Short Term |
For the first $125 million | 0.3000% | 0.3000% | 0.2500% | 0.2500% |
For the next $125 million | 0.2875 | 0.2875 | 0.2375 | 0.2375 |
For the next $250 million | 0.2750 | 0.2750 | 0.2250 | 0.2250 |
For the next $500 million | 0.2625 | 0.2625 | 0.2125 | 0.2125 |
For the next $1 billion | 0.2500 | 0.2500 | 0.2000 | 0.2000 |
For the next $3 billion | 0.2250 | 0.2250 | 0.1750 | 0.1750 |
For the next $5 billion | 0.2000 | 0.2000 | 0.1500 | 0.1500 |
For net assets of $10 billion and greater | 0.1875 | 0.1875 | 0.1375 | 0.1375 |
Complex-Level Eligible Asset Breakpoint Level* | Effective Complex-Level Fee Rate at Breakpoint Level |
$55 billion | 0.2000% |
$56 billion | 0.1996 |
$57 billion | 0.1989 |
$60 billion | 0.1961 |
$63 billion | 0.1931 |
$66 billion | 0.1900 |
$71 billion | 0.1851 |
$76 billion | 0.1806 |
$80 billion | 0.1773 |
$91 billion | 0.1691 |
$125 billion | 0.1599 |
$200 billion | 0.1505 |
$250 billion | 0.1469 |
$300 billion | 0.1445 |
Fund | Complex-Level Fee |
All-American | 0.1558% |
Intermediate Duration | 0.1565% |
Limited Term | 0.1536% |
Short Term | 0.1684% |
Fund | Temporary Expense Cap | Temporary Expense Cap Expiration Date | Permanent Expense Cap |
Intermediate Duration | N/A | N/A | 0.75% |
Cross-Trades | Intermediate Duration | Limited Term | Short Term |
Purchases | $18,865,000 | $ 8,065,258 | $20,874,990 |
Sales | — | 15,865,000 | 5,874,990 |
Realized gain (loss) | — | — | — |
All-American | Intermediate Duration | Limited Term | Short Term | |
Sales charges collected | $3,754,578 | $873,673 | $915,567 | $227,893 |
Paid to financial intermediaries | 3,664,991 | 851,286 | 894,813 | 224,302 |
All-American | Intermediate Duration | Limited Term | Short Term | |
Commission advances | $3,413,915 | $819,947 | $858,871 | $218,888 |
All-American | Intermediate Duration | Limited Term | Short Term | |
12b-1 fees retained | $306,679 | $52,957 | $74,712 | $7,500 |
All-American | Intermediate Duration | Limited Term | Short Term | |
CDSC retained | $150,847 | $47,977 | $123,035 | $33,359 |
All- American | Intermediate Duration | Limited Term | |
Maximum outstanding balance | $45,000,000 | $82,500,000 | $30,200,000 |
All- American | Intermediate Duration | Limited Term | |
Utilization period (days outstanding) | 9 | 1 | 2 |
Average daily balance outstanding | $25,333,333 | $82,500,000 | $21,550,000 |
Average annual interest rate | 1.32% | 1.34% | 1.32% |
• | Centralization of Functions – ongoing initiatives to centralize investment leadership, market approach and shared support functions within Nuveen and its affiliates in seeking to operate more effectively the business and enhance the services to the Nuveen funds; |
• | Fund Improvements and Product Management Initiatives – continuing to proactively manage the Nuveen fund complex as a whole and at the individual fund level with an aim to continually improve product platforms and investment strategies to better serve shareholders through, among other things, rationalizing the product line and gaining efficiencies through mergers, repositionings and liquidations; launching new funds; reviewing and updating investment policies and benchmarks; and modifying portfolio management teams for various funds; |
• | Investment Team Integrations – continuing to integrate and adjust the members of certain investment teams, in part, to allow greater access to tools and resources within the Nuveen organization and its affiliates; |
• | Capital Initiatives – continuing to invest capital to support new Nuveen funds with initial capital as well as to support existing funds and facilitate regulatory or logistical changes; |
• | Liquidity Management – continuing to operate the liquidity management program of the applicable Nuveen funds including monitoring daily their liquidity profile and assessing annually the overall liquidity risk of such funds; |
• | Compliance Program Initiatives – continuing efforts to mitigate compliance risk, increase operating efficiencies, implement enhancements to strengthen key compliance program elements and support international business growth and other corporate objectives; |
• | Investment Oversight – preparing reports to the Board addressing, among other things, fund performance; market conditions; investment teams; new products; changes to mandates, policies and benchmarks; and other management proposals; |
• | Risk Management and Valuation Services - continuing to oversee and manage risk including, among other things, conducting daily calculations and monitoring of risk measures across the Nuveen funds, instituting appropriate investment risk controls, providing risk reporting throughout the firm, participating in internal oversight committees, and continuing to implement an operational risk framework that seeks to provide greater transparency of operational risk matters across the complex as well as provide multiple other risk programs that seek to provide a more disciplined and consistent approach to identifying and mitigating Nuveen’s operational risks. Further, the securities valuation team continues, among other things, to oversee the daily valuation process of the portfolio securities of the funds, maintains the valuation policies and procedures, facilitates valuation committee meetings, manages relationships with pricing vendors, and prepares relevant valuation reports and designs methods to simplify and enhance valuation workflow within the organization; |
• | Regulatory Matters – continuing efforts to monitor regulatory trends and advocate on behalf of Nuveen and/or the Nuveen funds, to implement and comply with new or revised rules and mandates and to respond to regulatory inquiries and exams; |
• | Government Relations – continuing efforts of various Nuveen teams and Nuveen’s affiliates to develop policy positions on a broad range of issues that may impact the Nuveen funds, advocate and communicate these positions to lawmakers and other regulatory authorities and work with trade associations to ensure these positions are represented; |
• | Business Continuity, Disaster Recovery and Information Security – continuing efforts of Nuveen to periodically test and update business continuity and disaster recovery plans and, together with its affiliates, to maintain an information security program designed to identify and manage information security risks, and provide reports to the Board, at least annually, addressing, among other things, management’s security risk assessment, cyber risk profile, potential impact of new or revised laws and regulations, incident tracking and other relevant information technology risk-related reports; and |
• | Dividend Management Services – continuing to manage the dividends among the varying types of Nuveen funds within the Nuveen complex to be consistent with the respective fund’s product design and positioning in striving to deliver those earnings to shareholders in a relatively consistent manner over time as well as assisting in the development of new products or the restructuring of existing funds. |
Serving Investors for Generations
ITEM 2. | CODE OF ETHICS. |
Not applicable to this filing.
ITEM 3. | AUDIT COMMITTEE FINANCIAL EXPERT. |
Not applicable to this filing.
ITEM 4. | PRINCIPAL ACCOUNTANT FEES AND SERVICES. |
Not applicable to this filing.
ITEM 5. | AUDIT COMMITTEE OF LISTED REGISTRANTS. |
Not applicable to this registrant.
ITEM 6. | SCHEDULE OF INVESTMENTS. |
(a) | See Portfolio of Investments in Item 1. |
(b) | Not applicable. |
ITEM 7. | DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES. |
Not applicable to this registrant.
ITEM 8. | PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES. |
Not applicable to this registrant.
ITEM 9. | PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS. |
Not applicable to this registrant.
ITEM 10. | SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. |
There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant’s Board implemented after the registrant last provided disclosure in response to this Item.
ITEM 11. | CONTROLS AND PROCEDURES. |
(a) | The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (17 CFR 240.13a-15(b) or 240.15d-15(b)). |
(b) | There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
ITEM 12. | DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES. |
Not applicable.
ITEM 13. | EXHIBITS. |
File the exhibits listed below as part of this Form.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Nuveen Investment Funds, Inc.
By (Signature and Title) | /s/ Mark J. Czarniecki | |||
Mark J. Czarniecki | ||||
Vice President and Secretary |
Date: December 3, 2021
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title) | /s/ Christopher E. Stickrod | |
Christopher E. Stickrod | ||
Chief Administrative Officer | ||
(principal executive officer) |
Date: December 3, 2021
By (Signature and Title) | /s/ E. Scott Wickerham | |
E. Scott Wickerham Vice President and Controller (principal financial officer) |
Date: December 3, 2021