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 811-06397
Fidelity California Municipal Trust II
(Exact name of registrant as specified in charter)
245 Summer St., Boston, Massachusetts 02210
(Address of principal executive offices) (Zip code)
Margaret Carey, Secretary
245 Summer St.
Boston, Massachusetts 02210
(Name and address of agent for service)
Registrant's telephone number, including area code:
617-563-7000
Date of fiscal year end: | February 29 |
Date of reporting period: | February 29, 2024 |
Item 1.
Reports to Stockholders
Contents
Current 7-Day Yields | ||
Fidelity® California Municipal Money Market Fund | 2.60% | |
Institutional Class | 2.83% | |
Premium Class | 2.72% | |
Yield refers to the income paid by the Fund over a given period. Yield for money market funds is usually for seven-day periods, as it is here, though it is expressed as an annual percentage rate. Past performance is no guarantee of future results. Yield will vary and it's possible to lose money investing in the Fund. A portion of the Fund's expenses was reimbursed and/or waived. Absent such reimbursements and/or waivers the yield for the period ending February 29, 2024, the most recent period shown in the table, would have been 2.59% for Fidelity® California Municipal Money Market Fund, 2.77% for Institutional Class, and 2.71% for Premium Class. |
Effective Maturity Diversification (% of Fund's Investments) | ||
Days | ||
1 - 7 | 63.5 | |
8 - 30 | 3.6 | |
31 - 60 | 9.4 | |
61 - 90 | 9.2 | |
91 - 180 | 9.0 | |
> 180 | 5.3 | |
Effective maturity is determined in accordance with the requirements of Rule 2a-7 under the Investment Company Act of 1940. |
Asset Allocation (% of Fund's net assets) |
Variable Rate Demand Note - 30.8% | |||
Principal Amount (a) (000s) | Value ($) (000s) | ||
Alabama - 0.5% | |||
Decatur Indl. Dev. Board Exempt Facilities Rev. (Nucor Steel Decatur LLC Proj.) Series 2003 A, 3.89% 3/7/24, VRDN (b)(c) | 7,161 | 7,161 | |
West Jefferson Indl. Dev. Board Solid Waste Disp. Rev. (Alabama Pwr. Co. Plant Miller Proj.) Series 2023, 3.6% 3/7/24, VRDN (b)(c) | 14,600 | 14,600 | |
TOTAL ALABAMA | 21,761 | ||
Arizona - 0.2% | |||
Maricopa County Poll. Cont. Rev.: | |||
(Arizona Pub. Svc. Co. Palo Verde Proj.) Series 2009 A, 3.48% 3/7/24, VRDN (b) | 1,150 | 1,150 | |
Series 2009 B, 3.48% 3/7/24, VRDN (b) | 6,400 | 6,400 | |
Series 2009 C, 3.3% 3/7/24, VRDN (b) | 2,600 | 2,600 | |
TOTAL ARIZONA | 10,150 | ||
Arkansas - 0.1% | |||
Blytheville Indl. Dev. Rev. (Nucor Corp. Proj.) Series 1998, 3.89% 3/7/24, VRDN (b)(c) | 3,000 | 3,000 | |
California - 26.6% | |||
Alameda County Indl. Dev. Auth. Rev. (Edward L. Shimmon, Inc. Proj.) Series 1996 A, 3.21% 3/7/24, LOC BNP Paribas SA, VRDN (b)(c) | 3,200 | 3,200 | |
Bay Area Toll Auth. San Francisco Bay Toll Bridge Rev.: | |||
Series 2008 C1, 2.5% 3/7/24, LOC Sumitomo Mitsui Banking Corp., VRDN (b) | 16,410 | 16,410 | |
Series 2008 E1, 2.3% 3/7/24, LOC MUFG Bank Ltd., VRDN (b) | 11,350 | 11,350 | |
Series 2008 F1, 2.5% 3/7/24, LOC Sumitomo Mitsui Banking Corp., VRDN (b) | 4,125 | 4,125 | |
Series 2024 A, 0% 3/7/24, LOC Sumitomo Mitsui Banking Corp., VRDN (b) | 20,000 | 20,000 | |
Series 2024 B, 0% 3/7/24, LOC Sumitomo Mitsui Banking Corp., VRDN (b) | 20,000 | 20,000 | |
Series 2024, 2.6% 3/7/24, LOC Sumitomo Mitsui Banking Corp., VRDN (b) | 20,000 | 20,000 | |
California Gen. Oblig.: | |||
Series 2005 A2-1, 2.4% 3/7/24, LOC Sumitomo Mitsui Banking Corp., VRDN (b) | 21,150 | 21,150 | |
Series 2005 B1, 2.36% 3/7/24, LOC Wells Fargo Bank NA, VRDN (b) | 46,600 | 46,600 | |
Series 2005 B3, 2.47% 3/7/24, LOC Sumitomo Mitsui Banking Corp., VRDN (b) | 31,700 | 31,700 | |
California Health Facilities Fing. Auth. Rev.: | |||
(Dignity Health Proj.) Series 2011 C, 2.41% 3/7/24, LOC Bank of Montreal, VRDN (b) | 28,700 | 28,700 | |
Series 2008 B1, 2.4% 3/7/24, VRDN (b) | 3,900 | 3,900 | |
California Poll. Cont. Fing. Auth. Solid Waste Disp. Rev. (Recology, Inc. Proj.) Series 2018 A, 2.93% 3/7/24, LOC Wells Fargo Bank NA, VRDN (b)(c)(d) | 36,715 | 36,709 | |
California Pub. Fin. Auth. Rev.: | |||
Series 2024 B, 2.35% 3/7/24, LOC Royal Bank of Canada, VRDN (b) | 22,000 | 22,000 | |
Series 2024 D, 2.4% 3/7/24, LOC TD Banknorth, NA, VRDN (b) | 13,000 | 13,000 | |
California Statewide Cmntys. Dev. Auth. Multi-family Hsg. Rev.: | |||
(Irvine Apt. Cmntys. LP Proj.): | |||
Series 2001 W1, 3.2% 3/1/24, LOC Wells Fargo Bank NA, VRDN (b)(c) | 18,600 | 18,600 | |
Series 2001 W2, 3.2% 3/1/24, LOC Wells Fargo Bank NA, VRDN (b)(c) | 1,900 | 1,900 | |
(Maple Square Apt. Proj.) Series AA, 3.32% 3/7/24, LOC Citibank NA, VRDN (b)(c) | 4,155 | 4,155 | |
(Terraces at Park Marino Proj.) Series I, 3.33% 3/7/24, LOC BMO Harris Bank NA, VRDN (b)(c) | 4,470 | 4,470 | |
(The Crossings at Elk Grove Apts.) Series H, 2.54% 3/7/24, LOC Citibank NA, VRDN (b)(c) | 5,530 | 5,530 | |
Calleguas-Las Virgenes Pub. Fing. Auth. Rev. (Calleguas Muni. Wtr. District Proj.) Series 2008 A, 2.68% 3/7/24, LOC Wells Fargo Bank NA, VRDN (b) | 4,865 | 4,865 | |
Irvine Impt. Bond Act of 1915 (Assessment District #87-88 Proj.) Series 1999, 3.21% 3/1/24, LOC State Street Bank & Trust Co., Boston, VRDN (b) | 4,900 | 4,900 | |
Irvine Ranch Wtr. District Rev.: | |||
(District #105, 113, 135, 161, 182, 213, 235, 250, 261 Impt. Proj.) Series 2008 A, 2.21% 3/7/24, LOC Sumitomo Mitsui Banking Corp., VRDN (b) | 18,245 | 18,245 | |
Series 2009 B, 3.45% 3/1/24, LOC Bank of America NA, VRDN (b) | 4,570 | 4,570 | |
Los Angeles Dept. of Wtr. & Pwr. Rev.: | |||
Series 2001 B3, 3.3% 3/1/24 (Liquidity Facility Barclays Bank PLC), VRDN (b) | 2,800 | 2,800 | |
Series 2002 A2, 3.26% 3/1/24 (Liquidity Facility Bank of America NA), VRDN (b) | 6,140 | 6,140 | |
Series 2023 C1, 3.4% 3/1/24 (Liquidity Facility TD Banknorth, NA), VRDN (b) | 40,000 | 40,000 | |
Series 2023 F2, 3.3% 3/1/24 (Liquidity Facility JPMorgan Chase Bank), VRDN (b) | 4,455 | 4,455 | |
Los Angeles Dept. of Wtr. & Pwr. Wtrwks. Rev.: | |||
Series 2001 B1, 2.25% 3/7/24 (Liquidity Facility PNC Bank NA), VRDN (b) | 19,100 | 19,100 | |
Series 2001 B3, 2.2% 3/7/24 (Liquidity Facility PNC Bank NA), VRDN (b) | 6,000 | 6,000 | |
Series 2001 B4, 3.4% 3/1/24 (Liquidity Facility Barclays Bank PLC), VRDN (b) | 5,500 | 5,500 | |
Series 2019 A1, 3.3% 3/1/24 (Liquidity Facility Barclays Bank PLC), VRDN (b) | 5,000 | 5,000 | |
Los Angeles Multi-family Hsg. Rev. (Colonia Corona Apts. Proj.) Series 2004 D, 2.54% 3/7/24, LOC Citibank NA, VRDN (b)(c) | 2,100 | 2,100 | |
Orange County Wtr. District Rev. Ctfs. of Prtn. Series 2003 A, 2.4% 3/7/24, LOC Bank of America NA, VRDN (b) | 86,875 | 86,875 | |
Riverside Ctfs. of Prtn. (Riverside Renaissance Proj.) Series 2008, 2.31% 3/7/24, LOC Bank of America NA, VRDN (b) | 72,385 | 72,385 | |
San Bernardino County Flood Cont. District Judgment Oblig. Series 2008, 2.5% 3/7/24, LOC Bank of America NA, VRDN (b) | 24,625 | 24,625 | |
San Diego Hsg. Auth. Multi-family Hsg. Rev.: | |||
Series 2017 A, 2.75% 3/7/24, LOC Bank of America NA, VRDN (b) | 125,135 | 125,135 | |
Series 2020 F, 2.75% 3/7/24, LOC Mizuho Corporate Bank Ltd., VRDN (b) | 1,500 | 1,500 | |
San Francisco City & County Arpts. Commission Int'l. Arpt. Rev. Series 2018 C, 2.5% 3/7/24, LOC Sumitomo Mitsui Banking Corp., VRDN (b) | 13,830 | 13,830 | |
San Francisco City & County Redev. Agcy. Multi-family Hsg. Rev.: | |||
(Antonia Manor Apts. Proj.) Series 2000 E, 2.64% 3/7/24, LOC Citibank NA, VRDN (b)(c) | 650 | 650 | |
(Mission Creek Cmnty. Proj.) Series B, 2.54% 3/7/24, LOC Citibank NA, VRDN (b)(c) | 2,510 | 2,510 | |
(Ocean Beach Apts. Proj.) Series B, 2.6% 3/7/24, LOC Citibank NA, VRDN (b)(c) | 3,330 | 3,330 | |
Series 2000 G, 2.59% 3/7/24, LOC Citibank NA, VRDN (b)(c) | 5,940 | 5,940 | |
Santa Clara County Fing. Auth. Lease Rev. (Multiple Facilities Proj.) Series 2008 M, 2.34% 3/7/24, LOC Bank of America NA, VRDN (b) | 55,265 | 55,265 | |
Santa Clara County Fing. Auth. Rev. (El Camino Hosp. Proj.) Series 2009 A, 2.4% 3/7/24, LOC Wells Fargo Bank NA, VRDN (b) | 20,010 | 20,010 | |
Univ. of California Revs.: | |||
Series 2013 AL 2, 3.3% 3/1/24, VRDN (b) | 16,500 | 16,500 | |
Series 2023 BP, 3.4% 3/1/24, VRDN (b) | 65,800 | 65,800 | |
Series AL1, 3.4% 3/1/24, VRDN (b) | 6,700 | 6,700 | |
Western Muni. Wtr. District Facilities Auth. Wtr. Rev. Series 2012 A, 2.25% 3/7/24, LOC TD Banknorth, NA, VRDN (b) | 7,600 | 7,600 | |
FHLMC: | |||
ABAG Fin. Auth. for Nonprofit Corps. Multi-family Hsg. Rev. Series 2011 A, 2.35% 3/7/24, LOC Freddie Mac, VRDN (b) | 1,100 | 1,100 | |
California Statewide Cmntys. Dev. Auth. Multi-family Hsg. Rev. (Heritage Park Apts. Proj.) Series 2008 C, 2.45% 3/7/24, LOC Freddie Mac, VRDN (b)(c) | 20,000 | 20,000 | |
FNMA: | |||
ABAG Fin. Auth. for Nonprofit Corps. Multi-family Hsg. Rev. ( Terrazza Apts. Proj.) Series 2002 A, 2.2% 3/7/24, LOC Fannie Mae, VRDN (b)(c) | 15,000 | 15,000 | |
California Statewide Cmntys. Dev. Auth. Multi-family Hsg. Rev.: | |||
(Salvation Army S.F. Proj.) Series 2003 EEE, 2.44% 3/7/24, LOC Fannie Mae, VRDN (b)(c) | 11,705 | 11,705 | |
(The Crossings Sr. Apts./Phase II Proj.) Series J, 2.47% 3/7/24, LOC Fannie Mae, VRDN (b)(c) | 5,000 | 5,000 | |
(Wilshire Court Proj.) Series AAA, 2.47% 3/7/24, LOC Fannie Mae, VRDN (b)(c) | 5,000 | 5,000 | |
Emeryville Redev. Agcy. Multi-family Hsg. Rev. Series 2002 A, 3.32% 3/7/24, LOC Fannie Mae, VRDN (b)(c) | 30,000 | 30,000 | |
Orange County Apt. Dev. Rev.: | |||
(Ladera Apts. Proj.) Series 2001 II B, 2.47% 3/7/24, LOC Fannie Mae, VRDN (b)(c) | 18,800 | 18,800 | |
(Wood Canyon Villas Proj.) Series 2001 E, 2.47% 3/7/24, LOC Fannie Mae, VRDN (b)(c) | 12,275 | 12,275 | |
San Jose Multi-family Hsg. Rev.: | |||
(Almaden Lake Village Apt. Assoc. Proj.) Series 1997 A, 3.32% 3/7/24, LOC Fannie Mae, VRDN (b)(c) | 16,500 | 16,500 | |
(Kennedy Apt. Homes Proj.) Series 2002 K, 2.47% 3/7/24, LOC Fannie Mae, VRDN (b)(c) | 6,175 | 6,175 | |
Santa Cruz Redev. Agcy. Multi-family Rev.: | |||
(1010 Pacific Ave. Apts. Proj.) Series B, 3.3% 3/7/24, LOC Fannie Mae, VRDN (b)(c) | 16,795 | 16,795 | |
(Shaffer Road Apts. Proj.) Series A, 3.3% 3/7/24, LOC Fannie Mae, VRDN (b)(c) | 4,000 | 4,000 | |
TOTAL CALIFORNIA | 1,128,179 | ||
Delaware - 0.0% | |||
Delaware Econ. Dev. Auth. Rev. (Delmarva Pwr. & Lt. Co. Proj.) Series 1993 C, 3.5% 3/7/24, VRDN (b) | 600 | 600 | |
Florida - 1.2% | |||
Bay County Indl. Rev. Dev. (Gulf Pwr. Co. Proj.) Series 2020, 3.45% 3/7/24, VRDN (b)(c) | 600 | 600 | |
Broward County Indl. Dev. Rev. (Florida Pwr. & Lt. Co. Proj.): | |||
Series 2015, 3.5% 3/7/24, VRDN (b)(c) | 33,100 | 33,100 | |
Series 2018 B, 3.5% 3/7/24, VRDN (b)(c) | 5,300 | 5,300 | |
Lee County Indl. Dev. Auth. Rev. (Florida Pwr. & Lt. Co. Proj.) Series 2016 A, 3.5% 3/7/24, VRDN (b)(c) | 4,600 | 4,600 | |
Miami-Dade County Indl. Dev. Auth. Rev. (Florida Pwr. & Lt. Co. Proj.) Series 2021, 3.4% 3/7/24, VRDN (b)(c) | 6,300 | 6,300 | |
TOTAL FLORIDA | 49,900 | ||
Georgia - 0.6% | |||
Bartow County Dev. Auth. (Georgia Pwr. Co. Plant Bowen Proj.) Series 2022, 3.9% 3/1/24, VRDN (b)(c) | 11,900 | 11,900 | |
Burke County Indl. Dev. Auth. Poll. Cont. Rev. (Georgia Pwr. Co. Plant Vogtle Proj.) Series 2012, 3.9% 3/1/24, VRDN (b)(c) | 2,445 | 2,445 | |
Monroe County Dev. Auth. Rev. (Florida Pwr. & Lt. Co. Proj.) Series 2017, 3.45% 3/7/24, VRDN (b)(c) | 9,200 | 9,200 | |
TOTAL GEORGIA | 23,545 | ||
Indiana - 0.0% | |||
Indiana Dev. Fin. Auth. Envir. Rev. (PSI Energy Proj.) Series 2003 A, 3.55% 3/7/24, VRDN (b)(c) | 900 | 900 | |
Iowa - 0.5% | |||
Iowa Fin. Auth. Solid Waste Facilities (MidAmerican Energy Co. Proj.) Series 2017, 3.85% 3/7/24, VRDN (b)(c) | 22,245 | 22,245 | |
Kansas - 0.0% | |||
Burlington Envir. Impt. Rev. (Kansas City Pwr. and Lt. Co. Proj.): | |||
Series 2007 A, 3.5% 3/7/24, VRDN (b) | 200 | 200 | |
Series 2007 B, 3.5% 3/7/24, VRDN (b) | 900 | 900 | |
TOTAL KANSAS | 1,100 | ||
Louisiana - 0.1% | |||
Saint James Parish Gen. Oblig. (Nucor Steel Louisiana LLC Proj.) Series 2010 A1, 3.79% 3/7/24, VRDN (b) | 2,375 | 2,375 | |
Nebraska - 0.0% | |||
Stanton County Indl. Dev. Rev.: | |||
(Nucor Corp. Proj.) Series 1996, 3.89% 3/7/24, VRDN (b)(c) | 700 | 700 | |
Series 1998, 3.89% 3/7/24, VRDN (b)(c) | 300 | 300 | |
TOTAL NEBRASKA | 1,000 | ||
North Carolina - 0.2% | |||
Hertford County Indl. Facilities Poll. Cont. Fing. Auth. (Nucor Corp. Proj.) Series 2000 A, 4.2% 3/7/24, VRDN (b)(c) | 6,800 | 6,800 | |
South Carolina - 0.1% | |||
Berkeley County Indl. Dev. Rev.: | |||
Series 1998, 4.35% 3/7/24, VRDN (b)(c) | 3,275 | 3,275 | |
Series A, 4.35% 3/7/24, VRDN (b)(c) | 2,350 | 2,350 | |
TOTAL SOUTH CAROLINA | 5,625 | ||
Tennessee - 0.0% | |||
Loudon County Indl. Dev. Board Exempt Facilities Rev. (Kimberly-Clark Corp. Proj.) Series 1999, 3.45% 3/7/24, VRDN (b)(c) | 1,300 | 1,300 | |
Texas - 0.1% | |||
Jewett Econ. Dev. Corp. Indl. Dev. Rev. (Nucor Corp. Proj.) Series 2003, 3.89% 3/7/24, VRDN (b)(c) | 3,450 | 3,450 | |
Utah - 0.4% | |||
Emery County Poll. Cont. Rev. (PacifiCorp Proj.) Series 1994, 3.85% 3/7/24, VRDN (b) | 14,900 | 14,900 | |
West Virginia - 0.0% | |||
West Virginia Econ. Dev. Auth. Solid Waste Disp. Facilities Rev. (Appalachian Pwr. Co.- Mountaineer Proj.) Series 2008 A, 3.28% 3/7/24, VRDN (b)(c) | 800 | 800 | |
Wyoming - 0.2% | |||
Converse County Envir. Impt. Rev. Series 1995, 3.65% 3/7/24, VRDN (b)(c) | 2,000 | 2,000 | |
Sweetwater County Env Imp Rev. (Pacificorp Proj.) Series 1995, 4.1% 3/1/24, VRDN (b)(c) | 6,000 | 6,000 | |
TOTAL WYOMING | 8,000 | ||
TOTAL VARIABLE RATE DEMAND NOTE (Cost $1,305,630) | 1,305,630 | ||
Tender Option Bond - 23.0% | |||
Principal Amount (a) (000s) | Value ($) (000s) | ||
Arizona - 0.0% | |||
Arizona Indl. Dev. Auth. Hosp. Rev. Participating VRDN Series XM 10 13, 3.36% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 375 | 375 | |
California - 22.5% | |||
Bay Area Toll Auth. San Francisco Bay Toll Bridge Rev. Participating VRDN Series XM 11 19, 3.35% 3/1/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 8,890 | 8,890 | |
California Cmnty. Choice Fing. Auth. Clean Energy Proj. Rev. Participating VRDN: | |||
Series XF 16 35, 3.27% 3/7/24 (Liquidity Facility Royal Bank of Canada) (b)(e)(f) | 6,750 | 6,750 | |
Series XF 16 81, 3.45% 3/1/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 13,000 | 13,000 | |
Series XF 16 90, 3.26% 3/7/24 (Liquidity Facility Royal Bank of Canada) (b)(e)(f) | 22,375 | 22,375 | |
Series XM 11 11, 3.45% 3/1/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 7,500 | 7,500 | |
Series XM 11 38, 3.27% 3/7/24 (Liquidity Facility Royal Bank of Canada) (b)(e)(f) | 2,000 | 2,000 | |
California Edl. Facilities Auth. Rev. Participating VRDN Series 2022 XF 30 46, 3.25% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f) | 8,000 | 8,000 | |
California Gen. Oblig. Participating VRDN: | |||
Series 2022 XF 14 15, 3.27% 3/7/24 (Liquidity Facility Toronto-Dominion Bank) (b)(e)(f) | 1,705 | 1,705 | |
Series 2022 ZF 30 55, 3.24% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f) | 2,625 | 2,625 | |
Series Floaters XF 10 38, 3.27% 3/7/24 (Liquidity Facility Toronto-Dominion Bank) (b)(e)(f) | 10,480 | 10,480 | |
Series Floaters YX 10 84, 3.27% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 3,500 | 3,500 | |
Series XF 13 87, 3.27% 3/7/24 (Liquidity Facility Toronto-Dominion Bank) (b)(e)(f) | 2,665 | 2,665 | |
Series XF 16 27, 3.35% 3/1/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 2,800 | 2,800 | |
Series XF 16 32, 3.35% 3/1/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 5,825 | 5,825 | |
Series XF 30 20, 3.26% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 1,000 | 1,000 | |
Series XF 31 49, 3.25% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 6,140 | 6,140 | |
Series XL 05 01, 3.27% 3/7/24 (Liquidity Facility Wells Fargo Bank NA) (b)(e)(f) | 2,375 | 2,375 | |
California Health Facilities Fing. Auth. Rev. Participating VRDN: | |||
Series 15 XF2119, 3.25% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f) | 2,665 | 2,665 | |
Series BC 22 015, 3.49% 4/4/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 8,830 | 8,830 | |
Series Floater BC 23 007, 3.49% 4/4/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 117,390 | 117,390 | |
Series Floater BC 23 015, 3.27% 4/4/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 5,670 | 5,670 | |
Series Floaters 013, 3.49% 4/4/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 42,800 | 42,800 | |
Series Floaters XF 07 62, 3.32% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 7,365 | 7,365 | |
Series Floaters XF 24 67, 3.27% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f) | 8,800 | 8,800 | |
Series Floaters XF 26 98, 3.26% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 4,800 | 4,800 | |
Series Floaters XL 00 45, 3.25% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 5,270 | 5,270 | |
Series MIZ 91 02, 3.44% 3/7/24 (Liquidity Facility Mizuho Cap. Markets LLC) (b)(e)(f) | 24,105 | 24,105 | |
Series XF 14 32, 3.27% 3/7/24 (Liquidity Facility Toronto-Dominion Bank) (b)(e)(f) | 1,000 | 1,000 | |
Series XF 15 18, 3.35% 3/1/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 3,930 | 3,930 | |
Series XF 15 24, 3.27% 3/7/24 (Liquidity Facility Royal Bank of Canada) (b)(e)(f) | 1,000 | 1,000 | |
Series XF 15 27, 3.28% 3/7/24 (Liquidity Facility Bank of America NA) (b)(e)(f) | 2,670 | 2,670 | |
Series XF 30 92, 3.26% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 5,325 | 5,325 | |
Series YX 13 12, 3.26% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 10,695 | 10,695 | |
California Muni. Fin. Auth. Participating VRDN Series ZL 04 77, 3.25% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f) | 7,500 | 7,500 | |
California Pub. Works Board Lease Rev. Participating VRDN: | |||
Series XF 16 50, 3.29% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 4,130 | 4,130 | |
Series YX 11 91, 3.27% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 14,260 | 14,260 | |
California State Univ. Rev. Participating VRDN: | |||
Series Floaters XF 24 41, 3.31% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 17,020 | 17,020 | |
Series XM 10 00, 3.35% 3/1/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 9,525 | 9,525 | |
Series ZL 02 88, 3.26% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 13,490 | 13,490 | |
Chaffey Unified High School District Participating VRDN Series XF 13 44, 3.27% 3/7/24 (Liquidity Facility Bank of America NA) (b)(e)(f) | 4,760 | 4,760 | |
Chino Valley Unified School District Participating VRDN Series XF 16 61, 3.25% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 3,075 | 3,075 | |
Foothill/Eastern Trans. Corridor Agcy. Toll Road Rev. Participating VRDN Series Floaters XG 02 43, 3.29% 3/7/24 (Liquidity Facility Bank of America NA) (b)(e)(f) | 5,285 | 5,285 | |
Long Beach Unified School District Participating VRDN: | |||
Series XG 04 78, 3.3% 3/7/24 (Liquidity Facility Wells Fargo Bank NA) (b)(e)(f) | 6,465 | 6,465 | |
Series XG 05 01, 3.27% 3/7/24 (Liquidity Facility Wells Fargo Bank NA) (b)(e)(f) | 1,920 | 1,920 | |
Los Angeles County Facilities, Inc. Participating VRDN: | |||
Series 2022 XF 13 76, 3.29% 3/7/24 (Liquidity Facility Bank of America NA) (b)(e)(f) | 5,000 | 5,000 | |
Series ZF 31 62, 3.27% 3/7/24 (Liquidity Facility Wells Fargo Bank NA) (b)(e)(f) | 1,670 | 1,670 | |
Los Angeles County Gen. Oblig. Participating VRDN Series XF 30 05, 3.27% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f) | 7,500 | 7,500 | |
Los Angeles County Metropolitan Trans. Auth. Sales Tax Rev. Participating VRDN Series ZL 03 27, 3.25% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 1,400 | 1,400 | |
Los Angeles County Pub. Works Fing. Auth. Lease Rev. Participating VRDN: | |||
Series XM 10 94, 3.25% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f) | 3,970 | 3,970 | |
Series YX 12 93, 3.27% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 5,250 | 5,250 | |
Los Angeles Dept. Arpt. Rev. Participating VRDN: | |||
Series 2018 XF 06 75, 3.29% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(c)(e)(f) | 5,405 | 5,405 | |
Series 2021 XF 12 49, 3.29% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(c)(e)(f) | 3,195 | 3,195 | |
Series 2022 XF 13 84, 3.3% 3/7/24 (Liquidity Facility Toronto-Dominion Bank) (b)(c)(e)(f) | 1,500 | 1,500 | |
Series 2022 XG 04 15, 3.27% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(c)(e)(f) | 4,800 | 4,800 | |
Series 2022 XM 10 37, 3.3% 3/7/24 (Liquidity Facility Royal Bank of Canada) (b)(c)(e)(f) | 4,000 | 4,000 | |
Series 2022: | |||
3.29% 3/7/24 (Liquidity Facility Bank of America NA) (b)(c)(e)(f) | 5,510 | 5,510 | |
3.32% 3/7/24 (Liquidity Facility Toronto-Dominion Bank) (b)(c)(e)(f) | 5,600 | 5,600 | |
Series Floaters XG 02 32, 3.28% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(c)(e)(f) | 17,700 | 17,700 | |
Series Floaters XX 10 28, 3.27% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(c)(e)(f) | 100 | 100 | |
Series XF 13 68, 3.29% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(c)(e)(f) | 2,250 | 2,250 | |
Series XF 13 73, 3.29% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(c)(e)(f) | 865 | 865 | |
Series XF 15 84, 3.29% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(c)(e)(f) | 4,000 | 4,000 | |
Series XF 30 11, 3.29% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(c)(e)(f) | 2,800 | 2,800 | |
Series XF 30 39, 3.29% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(c)(e)(f) | 15,000 | 15,000 | |
Series XG 04 76, 3.45% 3/1/24 (Liquidity Facility JPMorgan Chase Bank) (b)(c)(e)(f) | 9,440 | 9,440 | |
Series XL 04 61, 3.26% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(c)(e)(f) | 6,380 | 6,380 | |
Series XL 04 99, 3.25% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f) | 3,000 | 3,000 | |
Series XX 13 08, 3.27% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(c)(e)(f) | 7,500 | 7,500 | |
Series YX 12 29, 3.27% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(c)(e)(f) | 8,980 | 8,980 | |
Series ZF 16 73, 3.29% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(c)(e)(f) | 2,200 | 2,200 | |
Series ZL 05 19, 3.27% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(c)(e)(f) | 2,850 | 2,850 | |
Los Angeles Dept. of Wtr. & Pwr. Rev. Participating VRDN: | |||
Series XF 14 41, 3.25% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 3,500 | 3,500 | |
Series XF 14 49, 3.25% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 1,835 | 1,835 | |
Series XF 16 28, 3.35% 3/1/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 4,365 | 4,365 | |
Series XF 30 25, 3.27% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f) | 8,000 | 8,000 | |
Series XL 04 04, 3.26% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f) | 4,665 | 4,665 | |
Series XX 12 40, 3.27% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 4,125 | 4,125 | |
Series ZL 02 85, 3.26% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 11,775 | 11,775 | |
Series ZL 03 26, 3.25% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 1,335 | 1,335 | |
Los Angeles Dept. of Wtr. & Pwr. Wtrwks. Rev. Participating VRDN: | |||
Series XL 03 99, 3.26% 3/7/24 (Liquidity Facility Wells Fargo Bank NA) (b)(e)(f) | 6,250 | 6,250 | |
Series XM 11 53, 3.26% 3/7/24 (Liquidity Facility UBS AG) (b)(e)(f) | 5,965 | 5,965 | |
Los Angeles Hbr. Dept. Rev. Participating VRDN Series Floaters XF 07 61, 3.25% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 1,500 | 1,500 | |
Los Angeles Unified School District Participating VRDN: | |||
Series 2022 ZL 03 61, 3.24% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f) | 4,950 | 4,950 | |
Series 2023, 3.25% 3/7/24 (Liquidity Facility Citibank NA) (b)(e)(f) | 19,250 | 19,250 | |
Series Floaters YX 10 87, 3.27% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 3,750 | 3,750 | |
Series ZF 31 87, 3.25% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f) | 4,150 | 4,150 | |
Los Angeles Wastewtr. Sys. Rev. Participating VRDN Series ROC II R 14059, 3.26% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 6,000 | 6,000 | |
Lucile Salter Packard Children's Hosp. Participating VRDN Series Floaters XG 01 48, 3.27% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f) | 4,240 | 4,240 | |
North Orange County Cmnty. College District Rev. Participating VRDN Series XX 12 39, 3.26% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 10,000 | 10,000 | |
Palmdale School District Participating VRDN Series 2022 045, 3.52% 3/1/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 3,925 | 3,925 | |
Pub. Utils. Commission San Francisco City & County Wastewtr. Rev. Participating VRDN Series ZF 14 35, 3.25% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 2,130 | 2,130 | |
RBC Muni. Products, Inc. Trust Participating VRDN Series 2023, 3.24% 3/7/24 (Liquidity Facility Royal Bank of Canada) (b)(e)(f) | 30,000 | 30,000 | |
Riverside County Trans. Commission Toll Rev. Participating VRDN Series 2021 XG 03 41, 3.29% 3/7/24 (Liquidity Facility Bank of America NA) (b)(e)(f) | 15,000 | 15,000 | |
Sacramento City Unified School District Participating VRDN Series XG 03 93, 3.27% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 4,800 | 4,800 | |
San Diego County Reg'l. Arpt. Auth. Arpt. Rev. Participating VRDN: | |||
Series XF 15 15, 3.3% 3/7/24 (Liquidity Facility Toronto-Dominion Bank) (b)(c)(e)(f) | 11,800 | 11,800 | |
Series XF 15 22, 3.3% 3/7/24 (Liquidity Facility Toronto-Dominion Bank) (b)(c)(e)(f) | 7,235 | 7,235 | |
Series XF 16 20, 3.29% 3/7/24 (Liquidity Facility Royal Bank of Canada) (b)(c)(e)(f) | 3,160 | 3,160 | |
Series XF 31 80, 3.27% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(c)(e)(f) | 8,000 | 8,000 | |
Series XX 12 15, 3.27% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(c)(e)(f) | 5,500 | 5,500 | |
Series ZF 16 72, 3.34% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(c)(e)(f) | 7,250 | 7,250 | |
Series ZL 05 10, 3.29% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(c)(e)(f) | 10,400 | 10,400 | |
San Diego Unified School District Participating VRDN: | |||
Series XF 13 86, 3.27% 3/7/24 (Liquidity Facility Bank of America NA) (b)(e)(f) | 2,915 | 2,915 | |
Series XF 14 27, 3.25% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 2,000 | 2,000 | |
Series XF 31 50, 3.25% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 2,725 | 2,725 | |
San Francisco Bay Area Rapid Transit Fing. Auth. Participating VRDN: | |||
Series XF 13 31, 3.27% 3/7/24 (Liquidity Facility Toronto-Dominion Bank) (b)(e)(f) | 1,875 | 1,875 | |
Series XF 15 01, 3.35% 3/1/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 2,475 | 2,475 | |
Series XG 03 81, 3.25% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 2,750 | 2,750 | |
San Francisco City & County Arpts. Commission Int'l. Arpt. Rev. Participating VRDN: | |||
Series 2023, 3.27% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 1,975 | 1,975 | |
Series Floaters XL 01 01, 3.29% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(c)(e)(f) | 4,185 | 4,185 | |
Series XG 03 63, 3.32% 3/7/24 (Liquidity Facility Bank of America NA) (b)(c)(e)(f) | 4,160 | 4,160 | |
San Francisco City & County Ctfs. of Prtn. Participating VRDN Series XG 03 72, 3.27% 3/7/24 (Liquidity Facility Wells Fargo Bank NA) (b)(e)(f) | 3,135 | 3,135 | |
Univ. of California Regents Med. Ctr. Pool Rev. Participating VRDN: | |||
Series 2022 XX 12 62, 3.26% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 3,750 | 3,750 | |
Series Floaters YX 10 97, 3.27% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 6,030 | 6,030 | |
Series XF 16 24, 3.35% 3/1/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 7,570 | 7,570 | |
Series XG 03 66, 3.27% 3/7/24 (Liquidity Facility Wells Fargo Bank NA) (b)(e)(f) | 8,765 | 8,765 | |
Series XX 12 01, 3.26% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 7,500 | 7,500 | |
Series XX 12 06, 3.26% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 21,670 | 21,670 | |
Series XX 12 75, 3.26% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 2,685 | 2,685 | |
Series YX 12 00, 3.26% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 19,870 | 19,870 | |
Series YX 12 05, 3.27% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 7,020 | 7,020 | |
Series YX 12 94, 3.27% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 1,875 | 1,875 | |
Univ. of California Revs. Participating VRDN: | |||
Series 2022 XF 14 12, 3.27% 3/7/24 (Liquidity Facility Toronto-Dominion Bank) (b)(e)(f) | 5,000 | 5,000 | |
Series 2022 XF 30 48, 3.25% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f) | 5,625 | 5,625 | |
Series 2022 ZL 03 48, 3.25% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 2,000 | 2,000 | |
Series XF 27 45, 3.25% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 9,900 | 9,900 | |
Series XM 11 06, 3.24% 3/7/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f) | 5,685 | 5,685 | |
Series XX 13 25, 3.26% 3/7/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 7,500 | 7,500 | |
Warren County Ctfs. Prtn. Participating VRDN Series XL 05 30, 3.35% 3/1/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 5,000 | 5,000 | |
TOTAL CALIFORNIA | 955,735 | ||
Colorado - 0.2% | |||
Colorado Health Facilities Auth. Rev. Bonds Participating VRDN Series 2023, 3.54% 4/4/24 (Liquidity Facility Barclays Bank PLC) (b)(e)(f) | 7,200 | 7,200 | |
Kentucky - 0.1% | |||
CommonSpirit Health Participating VRDN Series MIZ 90 21, 3.34% 3/7/24 (Liquidity Facility Mizuho Cap. Markets LLC) (b)(e)(f) | 1,900 | 1,900 | |
Missouri - 0.0% | |||
Missouri Health & Edl. Facilities Rev. Bonds Series 2023 G 121, 3.44%, tender 6/3/24 (Liquidity Facility Royal Bank of Canada) (b)(e)(f) | 1,520 | 1,520 | |
Nevada - 0.0% | |||
Clark County School District Participating VRDN Series XF 14 73, 3.36% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 1,495 | 1,495 | |
Texas - 0.1% | |||
El Paso Wtr. & Swr. Rev. Bonds Series G 124, 3.44%, tender 9/1/24 (Liquidity Facility Royal Bank of Canada) (b)(e)(f)(g)(h) | 1,600 | 1,600 | |
Texas Wtr. Dev. Board Rev. Bonds Series MS 00 17, 3.39%, tender 4/25/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (b)(e)(f)(g) | 2,300 | 2,300 | |
TOTAL TEXAS | 3,900 | ||
Virginia - 0.0% | |||
Suffolk Econ. Dev. Auth. Hosp. Facilities Rev. Participating VRDN Series MIZ 90 25, 3.34% 3/7/24 (Liquidity Facility Mizuho Cap. Markets LLC) (b)(e)(f) | 1,600 | 1,600 | |
Washington - 0.1% | |||
Central Puget Sound Reg'l. Trans. Auth. Sales & Use Tax Rev. Bonds Series G 123, 3.44%, tender 5/1/24 (Liquidity Facility Royal Bank of Canada) (b)(e)(f)(g) | 1,100 | 1,100 | |
Port of Seattle Rev. Participating VRDN Series XM 10 27, 3.38% 3/7/24 (Liquidity Facility JPMorgan Chase Bank) (b)(c)(e)(f) | 3,000 | 3,000 | |
TOTAL WASHINGTON | 4,100 | ||
TOTAL TENDER OPTION BOND (Cost $977,825) | 977,825 | ||
Other Municipal Security - 36.6% | |||
Principal Amount (a) (000s) | Value ($) (000s) | ||
California - 36.5% | |||
Anaheim Pub. Fing. Auth. Lease Rev. Bonds: | |||
(Anaheim Convention Ctr. Expansion Proj.) Series 2014 A: | |||
5% 5/1/24 (Escrowed to Maturity) | 150 | 150 | |
5% 5/1/24 (Pre-Refunded to 5/1/24 @ 100) | 100 | 100 | |
5% 5/1/24 (Pre-Refunded to 5/1/24 @ 100) | 2,000 | 2,006 | |
5% 5/1/24 (Pre-Refunded to 5/1/24 @ 100) | 200 | 201 | |
5% 5/1/24 (Pre-Refunded to 5/1/24 @ 100) | 900 | 903 | |
Series 2014 A: | |||
5% 5/1/24 (Pre-Refunded to 5/1/24 @ 100) | 200 | 201 | |
5% 5/1/24 (Pre-Refunded to 5/1/24 @ 100) | 2,280 | 2,286 | |
Antelope Valley Cmnty. College District Bonds Series 2014 A: | |||
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 100 | 101 | |
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 210 | 212 | |
Bay Area Toll Auth. San Francisco Bay Toll Bridge Rev. Bonds: | |||
Series 2014 S6, 5% 10/1/24 (Pre-Refunded to 10/1/24 @ 100) | 22,175 | 22,360 | |
Series 2023 F1, 5% 4/1/24 | 450 | 451 | |
Series F1, 5% 4/1/24 (Pre-Refunded to 4/1/24 @ 100) | 4,170 | 4,176 | |
Series S7, 5% 4/1/24 | 1,185 | 1,187 | |
Bonita Unified School District Bonds: | |||
Series 2014 C, 5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 250 | 252 | |
Series 2014, 5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 540 | 544 | |
California Edl. Facilities Auth. Rev. Bonds: | |||
Series 2009 C, 5.25% 10/1/24 (Escrowed to Maturity) | 120 | 121 | |
Series 2023, 3.4% tender 4/5/24, CP mode | 12,000 | 12,000 | |
California Gen. Oblig.: | |||
Bonds: | |||
Series 2013, 5% 9/1/24 | 910 | 911 | |
Series 2014: | |||
5% 5/1/24 | 225 | 226 | |
5% 10/1/24 | 765 | 772 | |
5% 10/1/24 | 690 | 696 | |
5% 11/1/24 | 200 | 202 | |
Series 2015 B, 5% 9/1/24 | 625 | 631 | |
Series 2015: | |||
4% 3/1/24 | 310 | 310 | |
5% 3/1/24 | 2,800 | 2,800 | |
5% 3/1/24 | 5,275 | 5,275 | |
5% 8/1/24 | 2,175 | 2,192 | |
5% 8/1/24 | 300 | 302 | |
5% 8/1/24 | 1,015 | 1,022 | |
Series 2016: | |||
5% 8/1/24 | 4,325 | 4,358 | |
5% 9/1/24 | 505 | 509 | |
5% 9/1/24 | 950 | 957 | |
Series 2017 B, 5% 8/1/24 | 1,280 | 1,290 | |
Series 2017: | |||
5% 8/1/24 | 425 | 428 | |
5% 8/1/24 | 3,560 | 3,588 | |
5% 8/1/24 | 3,330 | 3,357 | |
5% 11/1/24 | 285 | 287 | |
Series 2018: | |||
5% 8/1/24 | 530 | 534 | |
5% 10/1/24 | 1,725 | 1,742 | |
5% 10/1/24 | 350 | 354 | |
Series 2019: | |||
4% 4/1/24 | 775 | 776 | |
4% 4/1/24 | 1,430 | 1,430 | |
4% 10/1/24 | 975 | 979 | |
5% 4/1/24 | 595 | 596 | |
5% 4/1/24 | 12,315 | 12,333 | |
Series 2020: | |||
3% 3/1/24 | 555 | 555 | |
4% 3/1/24 | 5,765 | 5,765 | |
4% 3/1/24 | 1,075 | 1,075 | |
4% 11/1/24 | 290 | 291 | |
5% 3/1/24 | 625 | 625 | |
5% 11/1/24 | 1,125 | 1,136 | |
Series 2021: | |||
5% 9/1/24 | 270 | 272 | |
5% 10/1/24 | 640 | 646 | |
5% 10/1/24 | 10,245 | 10,349 | |
Series 2022: | |||
5% 4/1/24 | 400 | 401 | |
5% 4/1/24 | 9,485 | 9,500 | |
5% 9/1/24 | 10,100 | 10,185 | |
5% 9/1/24 | 300 | 303 | |
Series 2023: | |||
5% 9/1/24 | 79,425 | 80,115 | |
5% 9/1/24 | 40,420 | 40,731 | |
5% 10/1/24 | 115 | 116 | |
Series 2024 A1: | |||
3.2% 3/26/24, LOC Wells Fargo Bank NA, CP | 25,000 | 25,000 | |
3.22% 5/2/24, LOC Wells Fargo Bank NA, CP | 21,250 | 21,250 | |
3.25% 5/7/24, LOC Wells Fargo Bank NA, CP | 30,935 | 30,935 | |
3.35% 4/25/24, LOC Wells Fargo Bank NA, CP | 28,255 | 28,255 | |
Series 2024 A2: | |||
3.2% 3/6/24, LOC Royal Bank of Canada, CP | 22,585 | 22,585 | |
3.27% 5/1/24, LOC Royal Bank of Canada, CP | 20,765 | 20,765 | |
3.3% 5/6/24, LOC Royal Bank of Canada, CP | 32,050 | 32,050 | |
3.47% 5/8/24, LOC Royal Bank of Canada, CP | 30,140 | 30,140 | |
Series 2024 A3, 3.13% 4/3/24, LOC UBS AG, CP | 36,275 | 36,275 | |
Series 2024 A4, 3.5% 5/9/24, LOC Toronto-Dominion Bank, CP | 38,900 | 38,900 | |
Series 2024 A7, 3.52% 5/16/24, LOC State Street Bank & Trust Co., Boston, CP | 20,260 | 20,260 | |
Series 2024 A8, 3% 3/6/24, LOC Bank of Montreal, CP | 1,755 | 1,755 | |
California Health Facilities Fing. Auth. Rev. Bonds: | |||
Series 2014 A, 5% 10/1/24 (Pre-Refunded to 10/1/24 @ 100) | 105 | 106 | |
Series 2015, 5% 11/15/24 | 100 | 101 | |
Series 2016 A, 5% 11/15/24 (Escrowed to Maturity) | 300 | 304 | |
Series 2018 A, 5% 11/15/24 | 4,240 | 4,298 | |
Series 2022 A, 5% 5/15/24 | 3,740 | 3,752 | |
California Infrastructure & Econ. Dev. Bank Rev. Bonds Series 2003, 5% 7/1/24 (Escrowed to Maturity) | 900 | 904 | |
California Muni. Fin. Auth. Bonds (Orange County Civic Ctr. Infrastructure Impt. Proj. - Phase I) Series 2017 A, 5% 6/1/24 | 175 | 176 | |
California Pub. Works Board Lease Rev. Bonds: | |||
(Riverside Campus Projs.) Series 2017 H, 5% 4/1/24 | 100 | 100 | |
(Various Cap. Projs.): | |||
Series 2014 H, 5% 12/1/24 | 160 | 162 | |
Series 2016 C, 5% 11/1/24 | 735 | 742 | |
Series 2016 D: | |||
3% 4/1/24 | 100 | 100 | |
5% 4/1/24 | 190 | 190 | |
Series 2017 C, 5% 3/1/24 | 695 | 695 | |
Series 2017 G, 4% 10/1/24 | 400 | 402 | |
Series 2020 D, 5% 11/1/24 | 615 | 622 | |
Series 2021 B, 5% 5/1/24 | 670 | 671 | |
Series 2022 C, 5% 8/1/24 | 3,770 | 3,799 | |
Series 2023 C, 5% 9/1/24 | 14,500 | 14,593 | |
Series 2014 A, 5% 9/1/24 | 360 | 362 | |
Series 2014 B, 5% 10/1/24 | 350 | 353 | |
Series 2014 C, 5% 10/1/24 | 2,080 | 2,102 | |
Series 2014 E, 5% 9/1/24 | 500 | 505 | |
Series 2015 A, 5% 6/1/24 | 255 | 256 | |
Series 2015 F, 5% 5/1/24 | 2,360 | 2,366 | |
Series 2015 G, 5% 5/1/24 | 325 | 326 | |
Series 2015 H, 5% 12/1/24 | 125 | 126 | |
Series 2017 A, 5% 3/1/24 | 110 | 110 | |
Series 2017 D, 5% 9/1/24 | 375 | 378 | |
Series 2017 E, 5% 9/1/24 | 400 | 404 | |
Series 2017, 5% 10/1/24 | 335 | 338 | |
Series 2018 A, 5% 5/1/24 | 300 | 301 | |
Series 2018 C, 5% 11/1/24 | 255 | 258 | |
Series 2019 B, 5% 5/1/24 | 150 | 150 | |
Series 2022 A, 5% 8/1/24 | 7,575 | 7,627 | |
Series 2022 B, 5% 6/1/24 | 2,085 | 2,095 | |
Series 2023 B, 5% 12/1/24 | 275 | 279 | |
California State Univ. Rev.: | |||
Bonds: | |||
Series 2015 A: | |||
4% 11/1/24 | 200 | 201 | |
5% 11/1/24 | 175 | 177 | |
Series 2017 A, 5% 11/1/24 | 325 | 329 | |
Series 2021 A, 5% 11/1/24 | 375 | 380 | |
Series 2023 A: | |||
3.17% 3/6/24, LOC State Street Bank & Trust Co., Boston, LOC Wells Fargo Bank NA, CP | 13,000 | 13,000 | |
3.18% 3/6/24, LOC State Street Bank & Trust Co., Boston, LOC Wells Fargo Bank NA, CP | 4,650 | 4,650 | |
3.2% 3/5/24, LOC State Street Bank & Trust Co., Boston, LOC Wells Fargo Bank NA, CP | 7,063 | 7,063 | |
Series 2024 A, 3.15% 6/5/24, LOC State Street Bank & Trust Co., Boston, LOC Wells Fargo Bank NA, CP | 6,500 | 6,500 | |
California Statewide Cmntys. Dev. Auth. Rev. Bonds: | |||
Series 2014 B: | |||
4% 7/1/24 (Pre-Refunded to 7/1/24 @ 100) | 635 | 636 | |
5% 7/1/24 (Pre-Refunded to 7/1/24 @ 100) | 100 | 101 | |
5% 7/1/24 (Pre-Refunded to 7/1/24 @ 100) | 195 | 196 | |
5% 7/1/24 (Pre-Refunded to 7/1/24 @ 100) | 1,070 | 1,075 | |
Series 2014: | |||
5% 7/1/24 (Pre-Refunded to 7/1/24 @ 100) | 4,860 | 4,888 | |
5% 11/15/24 (Pre-Refunded to 11/15/24 @ 100) | 160 | 162 | |
5% 11/15/24 (Pre-Refunded to 11/15/24 @ 100) | 2,200 | 2,221 | |
5.25% 10/1/24 (Pre-Refunded to 10/1/24 @ 100) | 330 | 334 | |
Cupertino California Union School District Bonds Series 2014 B: | |||
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 100 | 101 | |
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 615 | 620 | |
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 200 | 201 | |
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 360 | 363 | |
East Bay Muni. Util. District Wastewtr. Sys. Rev.: | |||
Bonds Series 2015 A, 4% 6/1/24 | 200 | 200 | |
Series 2023 A1: | |||
3.18% 3/6/24 (Liquidity Facility Sumitomo Mitsui Banking Corp.), CP | 17,400 | 17,400 | |
3.25% 3/5/24 (Liquidity Facility Sumitomo Mitsui Banking Corp.), CP | 39,210 | 39,210 | |
3.3% 3/4/24 (Liquidity Facility Sumitomo Mitsui Banking Corp.), CP | 12,240 | 12,240 | |
Series 2024 A2, 3.55% 6/11/24 (Liquidity Facility Bank of America NA), CP | 15,250 | 15,250 | |
Series A2, 3.4% 3/26/24 (Liquidity Facility Bank of America NA), CP | 15,800 | 15,800 | |
El Dorado Irr. Distr. Rev. Bonds Series 2014 A: | |||
5% 3/1/24 (Pre-Refunded to 3/1/24 @ 100) | 140 | 140 | |
5% 3/1/24 (Pre-Refunded to 3/1/24 @ 100) | 250 | 250 | |
5% 3/1/24 (Pre-Refunded to 3/1/24 @ 100) | 1,515 | 1,515 | |
5.25% 3/1/24 (Pre-Refunded to 3/1/24 @ 100) | 2,975 | 2,975 | |
Elk Grove Unified School District Bonds Series 2023, 5% 8/1/24 | 125 | 126 | |
Foothill-De Anza Cmnty. College District Bonds Series 2014: | |||
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 185 | 186 | |
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 225 | 226 | |
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 180 | 181 | |
Foothill-De Anza Commission Clctfs Bonds Series 2016, 4% 10/1/24 (Pre-Refunded to 10/1/24 @ 100) | 240 | 241 | |
Fremont Unified School District, Alameda County Bonds Series 2014 A, 4% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 605 | 607 | |
Fresno Unified School District Bonds Series 2014 D, 5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 100 | 101 | |
Gilroy Calif Unified School District Bonds Series 2015, 5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 205 | 206 | |
Golden Gate Bridge & Hwy. District: | |||
Series 2023 B, 3.34% 3/4/24, CP | 5,000 | 5,000 | |
Series 2024 B, 3.55% 6/20/24, CP | 16,800 | 16,800 | |
Golden State Tobacco Securitization Corp. Tobacco Settlement Rev. Bonds: | |||
Series 2017 A1, 5% 6/1/24 (Escrowed to Maturity) | 5,045 | 5,067 | |
Series A, 0% 6/1/24 (Escrowed to Maturity) | 13,480 | 13,370 | |
Grossmont-Cuyamaca Cmnty. College District Bonds Series 2018, 5% 8/1/24 | 550 | 554 | |
Long Beach Hbr. Rev. Bonds: | |||
Series 2020 A, 4% 5/15/24 | 775 | 776 | |
Series 2020 B, 5% 5/15/24 (c) | 725 | 727 | |
Long Beach Unified School District Bonds: | |||
Series 2016 C, 5% 8/1/24 | 510 | 514 | |
Series 2023 A, 5% 8/1/24 | 1,090 | 1,097 | |
Los Angeles Cmnty. College District Bonds: | |||
Series 2015 A: | �� | ||
4% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 2,130 | 2,138 | |
4% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 12,430 | 12,480 | |
5% 8/1/24 | 1,790 | 1,803 | |
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 2,990 | 3,012 | |
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 935 | 943 | |
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 2,565 | 2,584 | |
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 2,840 | 2,859 | |
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 4,660 | 4,693 | |
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 4,685 | 4,721 | |
Series 2015 C, 5% 8/1/24 | 360 | 363 | |
Series 2015 G: | |||
4% 8/1/24 | 150 | 150 | |
4% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 550 | 552 | |
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 200 | 202 | |
Series 2016 I, 4% 8/1/24 | 575 | 577 | |
Series 2017 J, 4% 8/1/24 | 1,085 | 1,088 | |
Series 2022 C1, 5% 8/1/24 | 1,220 | 1,229 | |
Series 2023 A1, 5% 8/1/24 | 310 | 312 | |
Series 2023 M, 5% 8/1/24 | 795 | 801 | |
Series A, 5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 3,960 | 3,990 | |
Los Angeles County Gen. Oblig.: | |||
Series 2024 C: | |||
3.1% 3/7/24, LOC Wells Fargo Bank NA, CP | 9,500 | 9,500 | |
3.1% 3/21/24, LOC Wells Fargo Bank NA, CP | 17,850 | 17,850 | |
3.55% 3/28/24, LOC Wells Fargo Bank NA, CP | 20,000 | 20,000 | |
TRAN Series 2023, 5% 6/28/24 | 41,520 | 41,760 | |
Los Angeles County Metropolitan Trans. Auth. Sales Tax Rev.: | |||
Bonds: | |||
Series 2016 A, 5% 6/1/24 | 180 | 181 | |
Series 2017 A, 5% 7/1/24 | 100 | 101 | |
Series 2020 A, 5% 6/1/24 | 825 | 828 | |
Series 2021 A, 5% 6/1/24 | 250 | 251 | |
Series 2022 A, 5% 7/1/24 | 260 | 261 | |
Series 2024 ATE: | |||
3.23% 3/15/24, LOC Bank of America NA, CP | 3,000 | 3,000 | |
3.3% 3/14/24, LOC Bank of America NA, CP | 2,500 | 2,500 | |
Los Angeles County Pub. Works Fing. Auth. Lease Rev. Bonds: | |||
(LACMA Bldg. for the Permanent Collection Proj.) Series 2020 A, 5% 12/1/24 | 100 | 101 | |
Series 2016 D, 5% 12/1/24 | 110 | 111 | |
Los Angeles County Schools Pooled Fing. Prog. Ctfs. of Prtn. TRAN Series 2023, 5% 6/28/24 | 4,000 | 4,024 | |
Los Angeles Dept. Arpt. Rev. Bonds: | |||
Series 2016 A: | |||
5% 5/15/24 (c) | 4,080 | 4,092 | |
5% 5/15/24 (Escrowed to Maturity) (c) | 120 | 120 | |
Series 2017 A, 5% 5/15/24 (c) | 310 | 311 | |
Series 2017 B, 5% 5/15/24 (c) | 3,470 | 3,479 | |
Series 2018 A, 5% 5/15/24 (c) | 2,330 | 2,336 | |
Series 2018 C, 5% 5/15/24 (c) | 7,705 | 7,729 | |
Series 2018 D, 5% 5/15/24 (c) | 250 | 251 | |
Series 2018 E, 5% 5/15/24 | 100 | 100 | |
Series 2019 D, 5% 5/15/24 (c) | 135 | 135 | |
Series 2019 E, 4% 5/15/24 | 400 | 400 | |
Series 2019 F, 5% 5/15/24 (c) | 420 | 421 | |
Series 2019, 5% 5/15/24 | 145 | 146 | |
Series 2020 B, 5% 5/15/24 | 275 | 276 | |
Series 2020 C, 5% 5/15/24 (c) | 1,100 | 1,103 | |
Series 2022 D, 5% 5/15/24 | 1,000 | 1,004 | |
Series 2023 A, 5% 5/15/24 (c) | 225 | 226 | |
Series B, 5% 5/15/24 (c) | 200 | 201 | |
Los Angeles Dept. of Wtr. & Pwr. Rev. Bonds: | |||
Series 2017 A, 5% 7/1/24 | 100 | 101 | |
Series 2019 B, 5% 7/1/24 | 1,545 | 1,552 | |
Series 2022 C, 5% 7/1/24 | 215 | 216 | |
Los Angeles Dept. of Wtr. & Pwr. Wtrwks. Rev. Bonds: | |||
Series 2018 B, 5% 7/1/24 | 335 | 337 | |
Series 2022 B, 5% 7/1/24 | 955 | 960 | |
Series 2022 D, 5% 7/1/24 | 100 | 101 | |
Los Angeles Gen. Oblig.: | |||
Bonds Series 2021 B, 4% 9/1/24 | 375 | 376 | |
TRAN Series 2023, 5% 6/27/24 | 86,225 | 86,705 | |
Los Angeles Hbr. Dept. Rev. Bonds Series 2016 A, 5% 8/1/24 (c) | 1,125 | 1,133 | |
Los Angeles Muni. Impt. Corp. Lease Rev.: | |||
Bonds: | |||
Series 2016 A: | |||
4% 11/1/24 | 110 | 111 | |
5% 11/1/24 | 500 | 506 | |
Series 2016 B, 5% 11/1/24 | 100 | 101 | |
Series 2019 A, 5% 5/1/24 (Pre-Refunded to 5/1/24 @ 100) | 1,290 | 1,294 | |
Series 2019 B: | |||
5% 5/1/24 (Pre-Refunded to 5/1/24 @ 100) | 300 | 301 | |
5% 5/1/24 (Pre-Refunded to 5/1/24 @ 100) | 470 | 471 | |
5% 5/1/24 (Pre-Refunded to 5/1/24 @ 100) | 560 | 561 | |
5% 5/1/24 (Pre-Refunded to 5/1/24 @ 100) | 150 | 150 | |
5% 5/1/24 (Pre-Refunded to 5/1/24 @ 100) | 270 | 271 | |
5% 5/1/24 (Pre-Refunded to 5/1/24 @ 100) | 155 | 155 | |
5% 5/1/24 (Pre-Refunded to 5/1/24 @ 100) | 900 | 902 | |
Series 2020 A, 5% 11/1/24 | 105 | 106 | |
Series 2023 A, 5% 5/1/24 | 1,100 | 1,103 | |
Series 2024 A1, 3.38% 3/5/24, LOC BMO Harris Bank NA, CP | 20,000 | 20,000 | |
Series 2024 A2: | |||
3.35% 4/17/24, LOC Bank of America NA, CP | 6,428 | 6,428 | |
3.38% 3/11/24, LOC Bank of America NA, CP | 14,300 | 14,300 | |
Los Angeles Unified School District Bonds: | |||
Series 2014 B, 5% 7/1/24 | 830 | 834 | |
Series 2014 C, 5% 7/1/24 | 1,515 | 1,523 | |
Series 2015 A, 5% 7/1/24 | 325 | 327 | |
Series 2018 B1, 5% 7/1/24 | 125 | 126 | |
Series 2020 C, 5% 7/1/24 | 1,245 | 1,252 | |
Series 2020 RYQ, 5% 7/1/24 | 100 | 101 | |
Series 2022 QRR, 5% 7/1/24 | 155 | 156 | |
Series A: | |||
5% 7/1/24 | 615 | 618 | |
5% 7/1/24 | 1,900 | 1,909 | |
Los Angeles Unified School District Ctfs. of Prtn. Bonds: | |||
Series 2020 A, 5% 10/1/24 | 975 | 982 | |
Series 2023 A, 5% 10/1/24 | 500 | 505 | |
Los Angeles Wastewtr. Sys. Rev.: | |||
Bonds: | |||
Series 2012 A, 5% 6/1/24 | 310 | 311 | |
Series 2013 A, 5% 6/1/24 | 125 | 125 | |
Series 2018 A, 5% 6/1/24 | 150 | 151 | |
Series 2022 C, 5% 6/1/24 | 565 | 567 | |
Series 2023 A2, 3.37% 3/14/24, LOC Toronto-Dominion Bank, CP | 33,624 | 33,624 | |
North Orange County Cmnty. College District Rev. Bonds Series 2020 C, 5% 8/1/24 | 800 | 806 | |
Ohlone Cmnty. College District Bonds Series 2014 B, 4% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 3,625 | 3,639 | |
Orange County Trans. Auth. Bonds (I-405 Impt. Proj.) Series 2021: | |||
4% 10/15/24 (Escrowed to Maturity) | 845 | 849 | |
5% 10/15/24 (Escrowed to Maturity) | 4,390 | 4,433 | |
Orange County Wtr. District Rev. Ctfs. of Prtn. Series 2024, 3.08% 3/4/24, LOC Sumitomo Mitsui Banking Corp., CP | 12,900 | 12,900 | |
Oxnard School District Bonds Series 2014 C, 4% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 1,610 | 1,615 | |
Oxnard Union High School District Gen. Oblig. Bonds Series 2014 C, 5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 425 | 428 | |
Pub. Utils. Commission San Francisco City & County Wastewtr. Rev. Bonds Series 2018 B, 5% 10/1/24 | 360 | 364 | |
Riverside County Gen. Oblig. TRAN Series 2023, 5% 6/28/24 | 34,070 | 34,251 | |
San Diego County Reg'l. Trans. Commission Sales Tax Rev. Bonds: | |||
Series 2014 A: | |||
4.75% 4/1/24 (Pre-Refunded to 4/1/24 @ 100) | 1,670 | 1,672 | |
5% 4/1/24 (Pre-Refunded to 4/1/24 @ 100) | 100 | 100 | |
5% 4/1/24 (Pre-Refunded to 4/1/24 @ 100) | 350 | 351 | |
5% 4/1/24 (Pre-Refunded to 4/1/24 @ 100) | 565 | 566 | |
5% 4/1/24 (Pre-Refunded to 4/1/24 @ 100) | 4,945 | 4,953 | |
5% 4/1/24 (Pre-Refunded to 4/1/24 @ 100) | 1,425 | 1,427 | |
5% 4/1/24 (Pre-Refunded to 4/1/24 @ 100) | 1,995 | 1,998 | |
Series 2014, 5% 4/1/24 (Pre-Refunded to 4/1/24 @ 100) | 920 | 921 | |
San Diego Unified School District: | |||
Bonds: | |||
Series 2022 F2, 5% 7/1/24 | 6,290 | 6,328 | |
Series 2022 M2, 5% 7/1/24 | 640 | 644 | |
Series 2022, 5% 7/1/24 | 220 | 221 | |
TRAN Series 2023 A, 5% 6/28/24 | 22,165 | 22,295 | |
San Francisco Bay Area Rapid Transit District Sales Tax Rev. Bonds Series 2017 A, 5% 7/1/24 | 125 | 125 | |
San Francisco Bay Area Rapid Transit Fing. Auth. Bonds: | |||
Series 2013 C, 5% 8/1/24 | 825 | 825 | |
Series 2015 D, 4% 8/1/24 | 1,240 | 1,243 | |
Series 2019 F1, 4% 8/1/24 | 1,010 | 1,013 | |
San Francisco City & County: | |||
Series 2023 A1, 3.15% 3/5/24, LOC Bank of America NA, CP | 15,000 | 15,000 | |
Series 2024 A1, 3.1% 5/2/24, LOC Bank of America NA, CP | 35,000 | 35,000 | |
San Francisco City & County Arpts. Commission Int'l. Arpt. Rev. Series 2024 A6, 3.45% 4/3/24, LOC Bank of America NA, CP (c) | 15,000 | 15,000 | |
San Francisco City & County Ctfs. of Prtn. Bonds: | |||
(Moscone Convention Ctr. Expansion Proj.) Series 2017 B, 5% 4/1/24 | 1,325 | 1,327 | |
(Multiple Cap. Impt. Projs.) Series 2019 R1, 5% 4/1/24 | 2,100 | 2,103 | |
Series 2020 R1, 5% 10/1/24 | 350 | 354 | |
San Francisco City & County Gen. Oblig. Bonds: | |||
Series 2015 R1, 5% 6/15/24 | 100 | 100 | |
Series 2018 C, 5% 6/15/24 | 430 | 432 | |
Series 2020 R1, 5% 6/15/24 | 600 | 602 | |
Series 2021 D1, 5% 6/15/24 | 115 | 116 | |
Series 2021 R2, 5% 6/15/24 | 240 | 241 | |
Series 2022 R1, 5% 6/15/24 | 475 | 477 | |
San Francisco Muni. Trans. Agcy. Bonds Series 2014: | |||
5% 3/1/24 (Pre-Refunded to 3/1/24 @ 100) | 100 | 100 | |
5% 3/1/24 (Pre-Refunded to 3/1/24 @ 100) | 1,250 | 1,250 | |
5% 3/1/24 (Pre-Refunded to 3/1/24 @ 100) | 710 | 710 | |
5% 3/1/24 (Pre-Refunded to 3/1/24 @ 100) | 125 | 125 | |
San Francisco Pub. Utils. Commission Wtr. Rev. Bonds: | |||
Series 2016 B, 3% 11/1/24 | 100 | 100 | |
Series 2016, 5% 11/1/24 | 155 | 156 | |
San Jose Evergreen Cmnty. College District Bonds Series 2014 C, 4.125% 9/1/24 (Pre-Refunded to 9/1/24 @ 100) | 125 | 126 | |
San Jose Int. Arpt. Rev. Series 2024 A1: | |||
3.25% 3/19/24, LOC Bank of America NA, CP | 13,651 | 13,651 | |
3.25% 3/19/24, LOC Bank of America NA, CP | 5,000 | 5,000 | |
San Jose Unified School District Santa Clara County Bonds Series 2015 C, 5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 125 | 126 | |
San Mateo County Cmnty. College District Bonds Series 2014: | |||
5% 9/1/24 (Pre-Refunded to 9/1/24 @ 100) | 375 | 378 | |
5% 9/1/24 (Pre-Refunded to 9/1/24 @ 100) | 100 | 101 | |
Santa Ana Coliseum Imp Dis 1 Rancho Bonds Series 2014 A, 4% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 2,880 | 2,891 | |
Santa Monica Cmnty. College District Gen. Oblig. Bonds Series 2014 B: | |||
4% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 375 | 376 | |
4% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 130 | 130 | |
5% 8/1/24 (Pre-Refunded to 8/1/24 @ 100) | 535 | 539 | |
South Orange County Pub. Fin. Auth. Bonds Series 2016, 5% 4/1/24 | 100 | 100 | |
Southwestern Cmnty. College District Gen. Oblig. Bonds Series 2016 B, 4% 8/1/24 | 200 | 201 | |
Univ. of California Regents Med. Ctr. Pool Rev. Bonds Series 2016 L, 5% 5/15/24 | 3,470 | 3,481 | |
Univ. of California Revs.: | |||
Bonds: | |||
Series 2014 AM: | |||
4.5% 5/15/24 | 100 | 100 | |
5.25% 5/15/24 (Pre-Refunded to 5/15/24 @ 100) | 185 | 186 | |
Series 2014, 5.25% 5/15/24 (Pre-Refunded to 5/15/24 @ 100) | 2,625 | 2,636 | |
Series 2015 AO: | |||
4% 5/15/24 | 130 | 130 | |
5% 5/15/24 | 585 | 587 | |
Series 2015 I, 5% 5/15/24 | 305 | 306 | |
Series 2016 K, 4% 5/15/24 | 100 | 100 | |
Series 2017 AV, 5% 5/15/24 | 340 | 341 | |
Series 2017 AY, 5% 5/15/24 | 300 | 301 | |
Series 2017 M, 4% 5/15/24 | 125 | 125 | |
Series 2018 O, 4% 5/15/24 | 100 | 100 | |
Series 2020 BE, 5% 5/15/24 | 100 | 100 | |
Series 2022 S, 5% 5/15/24 | 250 | 251 | |
Series 2023: | |||
5% 5/15/24 | 1,295 | 1,299 | |
5% 5/15/24 | 805 | 808 | |
Series 2024: | |||
3.35% 4/3/24, CP | 25,000 | 25,000 | |
3.35% 4/8/24, CP | 20,600 | 20,600 | |
3.4% 3/5/24, CP | 7,500 | 7,500 | |
3.4% 3/6/24, CP | 7,500 | 7,500 | |
3.5% 5/14/24, CP | 7,470 | 7,470 | |
3.5% 5/15/24, CP | 18,000 | 18,000 | |
3.5% 5/15/24, CP | 30,000 | 30,000 | |
3.5% 5/16/24, CP | 20,000 | 20,000 | |
3.5% 5/22/24, CP | 10,000 | 10,000 | |
3.55% 5/15/24, CP | 15,000 | 15,000 | |
Walnut Energy Ctr. Auth. Rev. Series 2024 B, 3.15% 4/2/24, LOC Wells Fargo Bank NA, CP | 18,331 | 18,331 | |
TOTAL CALIFORNIA | 1,550,031 | ||
Michigan - 0.1% | |||
Kent Hosp. Fin. Auth. Hosp. Facilities Rev. Bonds (Spectrum Health Sys. Proj.) Series 2015 A, SIFMA Municipal Swap Index + 0.250% 3.49%, tender 9/26/24 (b)(h) | 1,800 | 1,800 | |
TOTAL OTHER MUNICIPAL SECURITY (Cost $1,551,831) | 1,551,831 | ||
Investment Company - 7.7% | |||
Shares | Value ($) (000s) | ||
Fidelity Municipal Cash Central Fund 3.30% (i)(j) (Cost $327,929) | 327,868 | 327,929 | |
TOTAL INVESTMENT IN SECURITIES - 98.1% (Cost $4,163,215) | 4,163,215 |
NET OTHER ASSETS (LIABILITIES) - 1.9% | 80,858 |
NET ASSETS - 100.0% | 4,244,073 |
CP | - | COMMERCIAL PAPER |
TRAN | - | TAX AND REVENUE ANTICIPATION NOTE |
VRDN | - | VARIABLE RATE DEMAND NOTE (A debt instrument that is payable upon demand, either daily, weekly or monthly) |
(a) | Amount is stated in United States dollars unless otherwise noted. |
(b) | Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end. |
(c) | Private activity obligations whose interest is subject to the federal alternative minimum tax for individuals. |
(d) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $36,709,000 or 0.9% of net assets. |
(e) | Provides evidence of ownership in one or more underlying municipal bonds. |
(f) | Coupon rates are determined by re-marketing agents based on current market conditions. |
(g) | Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $5,000,000 or 0.1% of net assets. |
(h) | Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors. |
(i) | Information in this report regarding holdings by state and security types does not reflect the holdings of the Fidelity Municipal Cash Central Fund. |
(j) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request. |
Additional information on each restricted holding is as follows: | ||
Security | Acquisition Date | Cost ($) (000s) |
Central Puget Sound Reg'l. Trans. Auth. Sales & Use Tax Rev. Bonds Series G 123, 3.44%, tender 5/1/24 (Liquidity Facility Royal Bank of Canada) | 11/01/23 | 1,100 |
El Paso Wtr. & Swr. Rev. Bonds Series G 124, 3.44%, tender 9/1/24 (Liquidity Facility Royal Bank of Canada) | 9/01/23 | 1,600 |
Texas Wtr. Dev. Board Rev. Bonds Series MS 00 17, 3.39%, tender 4/25/24 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) | 10/12/23 | 2,300 |
Affiliate (Amounts in thousands) | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) | % ownership, end of period |
Fidelity Municipal Cash Central Fund 3.30% | 229,863 | 2,253,879 | 2,155,811 | 16,000 | (2) | - | 327,929 | 14.6% |
Total | 229,863 | 2,253,879 | 2,155,811 | 16,000 | (2) | - | 327,929 | |
Statement of Assets and Liabilities | ||||
Amounts in thousands (except per-share amounts) | February 29, 2024 | |||
Assets | ||||
Investment in securities, at value - See accompanying schedule: | ||||
Unaffiliated issuers (cost $3,835,286) | $ | 3,835,286 | ||
Fidelity Central Funds (cost $327,929) | 327,929 | |||
Total Investment in Securities (cost $4,163,215) | $ | 4,163,215 | ||
Cash | 103 | |||
Receivable for investments sold | 60,141 | |||
Receivable for fund shares sold | 13,821 | |||
Interest receivable | 28,045 | |||
Distributions receivable from Fidelity Central Funds | 1,131 | |||
Receivable from investment adviser for expense reductions | 132 | |||
Other receivables | 2 | |||
Total assets | 4,266,590 | |||
Liabilities | ||||
Payable for investments purchased | $ | 2,324 | ||
Payable for fund shares redeemed | 18,166 | |||
Distributions payable | 1,077 | |||
Accrued management fee | 706 | |||
Other affiliated payables | 244 | |||
Total Liabilities | 22,517 | |||
Net Assets | $ | 4,244,073 | ||
Net Assets consist of: | ||||
Paid in capital | $ | 4,243,899 | ||
Total accumulated earnings (loss) | 174 | |||
Net Assets | $ | 4,244,073 | ||
Net Asset Value and Maximum Offering Price | ||||
Fidelity California Municipal Money Market Fund : | ||||
Net Asset Value, offering price and redemption price per share ($24,826 ÷ 24,827 shares) | $ | 1.00 | ||
Institutional Class : | ||||
Net Asset Value, offering price and redemption price per share ($2,669,861 ÷ 2,667,225 shares) | $ | 1.00 | ||
Premium Class : | ||||
Net Asset Value, offering price and redemption price per share ($1,549,386 ÷ 1,547,870 shares) | $ | 1.00 |
Statement of Operations | ||||
Amounts in thousands | Year ended February 29, 2024 | |||
Investment Income | ||||
Interest | $ | 115,071 | ||
Income from Fidelity Central Funds | 16,000 | |||
Total Income | 131,071 | |||
Expenses | ||||
Management fee | $ | 8,567 | ||
Transfer agent fees | 2,988 | |||
Independent trustees' fees and expenses | 14 | |||
Miscellaneous | 17 | |||
Total expenses before reductions | 11,586 | |||
Expense reductions | (1,342) | |||
Total expenses after reductions | 10,244 | |||
Net Investment income (loss) | 120,827 | |||
Realized and Unrealized Gain (Loss) | ||||
Net realized gain (loss) on: | ||||
Investment Securities: | ||||
Unaffiliated issuers | (26) | |||
Fidelity Central Funds | (2) | |||
Total net realized gain (loss) | (28) | |||
Net increase in net assets resulting from operations | $ | 120,799 |
Statement of Changes in Net Assets | ||||
Amount in thousands | Year ended February 29, 2024 | Year ended February 28, 2023 | ||
Increase (Decrease) in Net Assets | ||||
Operations | ||||
Net investment income (loss) | $ | 120,827 | $ | 48,256 |
Net realized gain (loss) | (28) | 148 | ||
Net increase in net assets resulting from operations | 120,799 | 48,404 | ||
Distributions to shareholders | (120,738) | (48,271) | ||
Share transactions - net increase (decrease) | 266,351 | 2,008,525 | ||
Total increase (decrease) in net assets | 266,412 | 2,008,658 | ||
Net Assets | ||||
Beginning of period | 3,977,661 | 1,969,003 | ||
End of period | $ | 4,244,073 | $ | 3,977,661 |
Fidelity® California Municipal Money Market Fund |
Years ended February 28, | 2024 A | 2023 B | ||
Selected Per-Share Data | ||||
Net asset value, beginning of period | $ | 1.00 | $ | 1.00 |
Income from Investment Operations | ||||
Net investment income (loss) C | .026 | .009 | ||
Net realized and unrealized gain (loss) | - D | - D | ||
Total from investment operations | .026 | .009 | ||
Distributions from net investment income | (.026) | (.009) | ||
Distributions from net realized gain | - | - D | ||
Total distributions | (.026) | (.009) | ||
Net asset value, end of period | $ | 1.00 | $ | 1.00 |
Total Return E,F | 2.66% | .89% | ||
Ratios to Average Net Assets C,G,H | ||||
Expenses before reductions | .42% | .42% I | ||
Expenses net of fee waivers, if any | .42% | .42% I | ||
Expenses net of all reductions | .42% | .42% I | ||
Net investment income (loss) | 2.63% | 2.12% I | ||
Supplemental Data | ||||
Net assets, end of period (in millions) | $ | 25 | $ | 11 |
Fidelity® California Municipal Money Market Fund Institutional Class |
Years ended February 28, | 2024 A | 2023 | 2022 | 2021 | 2020 A | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 |
Income from Investment Operations | ||||||||||
Net investment income (loss) B | .029 | .014 | - C | .003 | .012 | |||||
Net realized and unrealized gain (loss) C | - | - | - | - | - | |||||
Total from investment operations | .029 | .014 | - C | .003 | .012 | |||||
Distributions from net investment income | (.029) | (.014) | - C | (.003) | (.012) | |||||
Distributions from net realized gain | - | - C | - | - C | - C | |||||
Total distributions | (.029) | (.014) | - C | (.003) | (.012) | |||||
Net asset value, end of period | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 |
Total Return D | 2.89% | 1.38% | .01% | .26% | 1.16% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .25% | .25% | .25% | .25% | .25% | |||||
Expenses net of fee waivers, if any | .20% | .20% | .09% | .18% | .20% | |||||
Expenses net of all reductions | .20% | .20% | .09% | .18% | .20% | |||||
Net investment income (loss) | 2.85% | 1.57% | .01% | .29% | 1.14% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (in millions) | $ | 2,670 | $ | 2,340 | $ | 1,523 | $ | 1,963 | $ | 3,527 |
Fidelity® California Municipal Money Market Fund Premium Class |
Years ended February 28, | 2024 A | 2023 | 2022 | 2021 | 2020 A | |||||
Selected Per-Share Data | ||||||||||
Net asset value, beginning of period | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 |
Income from Investment Operations | ||||||||||
Net investment income (loss) B | .028 | .013 | - C | .002 | .011 | |||||
Net realized and unrealized gain (loss) C | - | - | - | - | - | |||||
Total from investment operations | .028 | .013 | - C | .002 | .011 | |||||
Distributions from net investment income | (.028) | (.013) | - C | (.002) | (.011) | |||||
Distributions from net realized gain | - | - C | - | - C | - C | |||||
Total distributions | (.028) | (.013) | - C | (.002) | (.011) | |||||
Net asset value, end of period | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 |
Total Return D | 2.79% | 1.28% | .01% | .22% | 1.06% | |||||
Ratios to Average Net Assets B,E,F | ||||||||||
Expenses before reductions | .30% | .30% | .30% | .30% | .30% | |||||
Expenses net of fee waivers, if any | .30% | .30% | .09% | .22% | .30% | |||||
Expenses net of all reductions | .30% | .30% | .09% | .22% | .30% | |||||
Net investment income (loss) | 2.75% | 1.47% | .01% | .25% | 1.04% | |||||
Supplemental Data | ||||||||||
Net assets, end of period (in millions) | $ | 1,549 | $ | 1,626 | $ | 446 | $ | 513 | $ | 675 |
Fidelity Central Fund | Investment Manager | Investment Objective | Investment Practices | Expense RatioA |
Fidelity Money Market Central Funds | Fidelity Management & Research Company LLC (FMR) | Each fund seeks to obtain a high level of current income consistent with the preservation of capital and liquidity. | Short-term Investments | Less than .005% |
Gross unrealized appreciation | $- |
Gross unrealized depreciation | - |
Net unrealized appreciation (depreciation) | $- |
Tax Cost | $4,163,215 |
Undistributed tax-exempt income | $198 |
Undistributed ordinary income | $- |
Capital loss carryforward | $(24) |
Net unrealized appreciation (depreciation) on securities and other investments | $- |
Short-term | $(24) |
February 29, 2024 | February 28, 2023 | |
Tax-exempt Income | $120,738 | $48,230 |
Ordinary Income | - | 41 |
Long-term Capital Gains | - | - |
Total | $120,738 | $48,271 |
Amount | % of Class-Level Average Net Assets | |
Fidelity California Municipal Money Market Fund | $47 | .22 |
Institutional Class | 1,330 | .05 |
Premium Class | 1,611 | .10 |
$2,988 |
Purchases ($) | Sales ($) | Realized Gain (Loss) ($) | |
Fidelity California Municipal Money Market Fund | 104,771 | 124,295 | - |
Year ended February 29, 2024 | Year ended February 28, 2023A | |
Fidelity California Municipal Money Market Fund | ||
Distributions to shareholders | ||
Fidelity California Municipal Money Market Fund | $559 | $62 |
Institutional Class | 75,855 | 31,130 |
Premium Class | 44,324 | 17,079 |
Total | $120,738 | $48,271 |
Shares | Shares | Dollars | Dollars | |
Year ended February 29, 2024 | Year ended February 28, 2023A | Year ended February 29, 2024 | Year ended February 28, 2023A | |
Fidelity California Municipal Money Market Fund | ||||
Fidelity California Municipal Money Market Fund | ||||
Shares sold | 48,897 | 16,838 | $48,897 | $16,838 |
Reinvestment of distributions | 471 | 55 | 471 | 55 |
Shares redeemed | (35,957) | (5,477) | (35,957) | (5,477) |
Net increase (decrease) | 13,411 | 11,416 | $13,411 | $11,416 |
Institutional Class | ||||
Shares sold | 4,143,961 | 4,488,896 | $4,143,960 | $4,488,896 |
Reinvestment of distributions | 66,428 | 27,550 | 66,428 | 27,550 |
Shares redeemed | (3,881,096) | (3,700,040) | (3,881,096) | (3,700,040) |
Net increase (decrease) | 329,293 | 816,406 | $329,292 | $816,406 |
Premium Class | ||||
Shares sold | 1,018,144 | 701,589 | $1,018,144 | $701,580 |
Issued in exchange for the shares of the Target Fund(s) | - | 1,125,928 | - | 1,127,846 |
Reinvestment of distributions | 40,095 | 16,177 | 40,095 | 16,177 |
Shares redeemed | (1,134,591) | (664,878) | (1,134,591) | (664,878) |
Net increase (decrease) | (76,352) | 1,178,816 | $(76,352) | $1,180,725 |
Service Class | ||||
Shares sold | - | 6 | $- | $6 |
Shares redeemed | - | (28) | - | (28) |
Net increase (decrease) | - | (22) | $- | $(22) |
Target Fund | Investments ($) | Unrealized appreciation (depreciation) ($) | Net Assets ($) | Shares Exchanged | Shares Exchanged Ratio |
Fidelity California Municipal Money Market Fund | 1,117,559 | - | 1,127,846 | 1,125,928 | 1.0000 |
Surviving Fund | Net Assets ($) | Total net assets after the acquisition ($) |
Fidelity California Municipal Money Market Fund (formerly Fidelity California AMT Tax-Free Money Market Fund) | 2,657,669 | 3,785,515 |
Net investment income (loss) | $52,145 |
Total net realized gain (loss) | 140 |
Total change in net unrealized appreciation (depreciation) | - |
Net increase (decrease) in net assets resulting from operations | $52,285 |
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (September 1, 2023 to February 29, 2024). |
Annualized Expense Ratio- A | Beginning Account Value September 1, 2023 | Ending Account Value February 29, 2024 | Expenses Paid During Period- C September 1, 2023 to February 29, 2024 | |||||||
Fidelity® California Municipal Money Market Fund | ||||||||||
Fidelity® California Municipal Money Market Fund | .42% | |||||||||
Actual | $ 1,000 | $ 1,013.40 | $ 2.10 | |||||||
Hypothetical-B | $ 1,000 | $ 1,022.77 | $ 2.11 | |||||||
Institutional Class | .20% | |||||||||
Actual | $ 1,000 | $ 1,014.50 | $ 1.00 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.87 | $ 1.01 | |||||||
Premium Class | .30% | |||||||||
Actual | $ 1,000 | $ 1,014.00 | $ 1.50 | |||||||
Hypothetical-B | $ 1,000 | $ 1,023.37 | $ 1.51 | |||||||
A special meeting of shareholders was held on October 18, 2023. The results of votes taken among shareholders on the proposal before them are reported below. Each vote reported represents one dollar of net asset value held on the record date for the meeting. | ||
Proposal 1 | ||
To elect a Board of Trustees. | ||
# of Votes | % of Votes | |
Abigail P. Johnson | ||
Affirmative | 4,177,505,174.98 | 96.52 |
Withheld | 150,748,072.41 | 3.48 |
TOTAL | 4,328,253,247.39 | 100.00 |
Jennifer Toolin McAuliffe | ||
Affirmative | 4,185,749,506.28 | 96.71 |
Withheld | 142,503,741.11 | 3.29 |
TOTAL | 4,328,253,247.39 | 100.00 |
Christine J. Thompson | ||
Affirmative | 4,185,223,408.32 | 96.70 |
Withheld | 143,029,839.07 | 3.30 |
TOTAL | 4,328,253,247.39 | 100.00 |
Elizabeth S. Acton | ||
Affirmative | 4,186,809,676.51 | 96.73 |
Withheld | 141,443,570.88 | 3.27 |
TOTAL | 4,328,253,247.39 | 100.00 |
Laura M. Bishop | ||
Affirmative | 4,198,325,351.98 | 97.00 |
Withheld | 129,927,895.41 | 3.00 |
TOTAL | 4,328,253,247.39 | 100.00 |
Ann E. Dunwoody | ||
Affirmative | 4,196,016,145.04 | 96.94 |
Withheld | 132,237,102.35 | 3.06 |
TOTAL | 4,328,253,247.39 | 100.00 |
John Engler | ||
Affirmative | 4,185,984,137.26 | 96.71 |
Withheld | 142,269,110.13 | 3.29 |
TOTAL | 4,328,253,247.39 | 100.00 |
Robert F. Gartland | ||
Affirmative | 4,179,991,959.87 | 96.57 |
Withheld | 148,261,287.52 | 3.43 |
TOTAL | 4,328,253,247.39 | 100.00 |
Robert W. Helm | ||
Affirmative | 4,188,833,418.16 | 96.78 |
Withheld | 139,419,829.23 | 3.22 |
TOTAL | 4,328,253,247.39 | 100.00 |
Arthur E. Johnson | ||
Affirmative | 4,172,091,754.26 | 96.39 |
Withheld | 156,161,493.13 | 3.61 |
TOTAL | 4,328,253,247.39 | 100.00 |
Michael E. Kenneally | ||
Affirmative | 4,187,735,890.69 | 96.75 |
Withheld | 140,517,356.70 | 3.25 |
TOTAL | 4,328,253,247.39 | 100.00 |
Mark A. Murray | ||
Affirmative | 4,192,680,075.79 | 96.87 |
Withheld | 135,573,171.60 | 3.13 |
TOTAL | 4,328,253,247.39 | 100.00 |
Carol J. Zierhoffer | ||
Affirmative | 4,197,220,030.56 | 96.97 |
Withheld | 131,033,216.83 | 3.03 |
TOTAL | 4,328,253,247.39 | 100.00 |
Proposal 1 reflects trust wide proposal and voting results. |
Item 2.
Code of Ethics
As of the end of the period, February 29, 2024, Fidelity California Municipal Trust II (the trust) has adopted a code of ethics, as defined in Item 2 of Form N-CSR, that applies to its President and Treasurer and its Chief Financial Officer. A copy of the code of ethics is filed as an exhibit to this Form N-CSR.
Item 3.
Audit Committee Financial Expert
The Board of Trustees of the trust has determined that Elizabeth S. Acton is an audit committee financial expert, as defined in Item 3 of Form N-CSR. Ms. Acton is independent for purposes of Item 3 of Form N-CSR.
Item 4.
Principal Accountant Fees and Services
Fees and Services
The following table presents fees billed by PricewaterhouseCoopers LLP (“PwC”) in each of the last two fiscal years for services rendered to Fidelity California Municipal Money Market Fund (the “Funds”):
Services Billed by PwC
February 29, 2024 FeesA
Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees | |
Fidelity California Municipal Money Market Fund | $43,800 | $3,000 | $2,100 | $1,200 |
February 28, 2023 FeesA
Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees | |
Fidelity California Municipal Money Market Fund | $39,600 | $2,800 | $2,100 | $1,200 |
A Amounts may reflect rounding.
The following table(s) present(s) fees billed by PwC that were required to be approved by the Audit Committee for services that relate directly to the operations and financial reporting of the Fund(s) and that are rendered on behalf of Fidelity Management & Research Company LLC ("FMR") and entities controlling, controlled by, or under
common control with FMR (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser) that provide ongoing services to the Fund(s) (“Fund Service Providers”):
Services Billed by PwC
February 29, 2024A | February 28, 2023A | |
Audit-Related Fees | $9,422,800 | $8,469,200 |
Tax Fees | $61,000 | $1,000 |
All Other Fees | $- | $- |
A Amounts may reflect rounding.
“Audit-Related Fees” represent fees billed for assurance and related services that are reasonably related to the performance of the fund audit or the review of the fund's financial statements and that are not reported under Audit Fees.
“Tax Fees” represent fees billed for tax compliance, tax advice or tax planning that relate directly to the operations and financial reporting of the fund.
“All Other Fees” represent fees billed for services provided to the fund or Fund Service Provider, a significant portion of which are assurance related, that relate directly to the operations and financial reporting of the fund, excluding those services that are reported under Audit Fees, Audit-Related Fees or Tax Fees.
Assurance services must be performed by an independent public accountant.
* * *
The aggregate non-audit fees billed by PwC for services rendered to the Fund(s), FMR (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any Fund Service Provider for each of the last two fiscal years of the Fund(s) are as follows:
Billed By | February 29, 2024A | February 28, 2023A |
PwC | $15,034,800 | $14,170,100 |
A Amounts may reflect rounding.
The trust's Audit Committee has considered non-audit services that were not pre-approved that were provided by PwC to Fund Service Providers to be compatible with maintaining the independence of PwC in its(their) audit of the Fund(s), taking into
account representations from PwC, in accordance with Public Company Accounting Oversight Board rules, regarding its independence from the Fund(s) and its(their) related entities and FMR’s review of the appropriateness and permissibility under applicable law of such non-audit services prior to their provision to the Fund(s) Service Providers.
Audit Committee Pre-Approval Policies and Procedures
The trust’s Audit Committee must pre-approve all audit and non-audit services provided by a fund’s independent registered public accounting firm relating to the operations or financial reporting of the fund. Prior to the commencement of any audit or non-audit services to a fund, the Audit Committee reviews the services to determine whether they are appropriate and permissible under applicable law.
The Audit Committee has adopted policies and procedures to, among other purposes, provide a framework for the Committee’s consideration of non-audit services by the audit firms that audit the Fidelity funds. The policies and procedures require that any non-audit service provided by a fund audit firm to a Fidelity fund and any non-audit service provided by a fund auditor to a Fund Service Provider that relates directly to the operations and financial reporting of a Fidelity fund (“Covered Service”) are subject to approval by the Audit Committee before such service is provided.
All Covered Services must be approved in advance of provision of the service either: (i) by formal resolution of the Audit Committee, or (ii) by oral or written approval of the service by the Chair of the Audit Committee (or if the Chair is unavailable, such other member of the Audit Committee as may be designated by the Chair to act in the Chair’s absence). The approval contemplated by (ii) above is permitted where the Treasurer determines that action on such an engagement is necessary before the next meeting of the Audit Committee.
Non-audit services provided by a fund audit firm to a Fund Service Provider that do not relate directly to the operations and financial reporting of a Fidelity fund are reported to the Audit Committee periodically.
Non-Audit Services Approved Pursuant to Rule 2-01(c)(7)(i)(C) and (ii) of Regulation S-X (“De Minimis Exception”)
There were no non-audit services approved or required to be approved by the Audit Committee pursuant to the De Minimis Exception during the Fund’s(s’) last two fiscal years relating to services provided to (i) the Fund(s) or (ii) any Fund Service Provider that relate directly to the operations and financial reporting of the Fund(s).
The Registrant has not retained, for the preparation of the audit report on the financial statements included in the Form N-CSR, a registered public accounting firm that has a branch or office that is located in a foreign jurisdiction and that the Public Company Accounting Oversight Board (the “PCAOB”) has determined that the PCAOB is unable
to inspect or investigate completely because of a position taken by an authority in the foreign jurisdiction.
The Registrant is not a “foreign issuer,” as defined in 17 CFR 240.3b-4.
Item 5.
Audit Committee of Listed Registrants
Not applicable.
Item 6.
Investments
(a)
Not applicable.
(b)
Not applicable.
Item 7.
Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies
Not applicable.
Item 8.
Portfolio Managers of Closed-End Management Investment Companies
Not applicable.
Item 9.
Purchase of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers
Not applicable.
Item 10.
Submission of Matters to a Vote of Security Holders
There were no material changes to the procedures by which shareholders may recommend nominees to the trust’s Board of Trustees.
Item 11.
Controls and Procedures
(a)(i) The President and Treasurer and the Chief Financial Officer have concluded that the trust’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act) provide reasonable assurances that material information relating to the trust is made known to them by the appropriate persons, based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report.
(a)(ii) There was no change in the trust’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the trust’s internal control over financial reporting.
Item 12.
Disclosure of Securities Lending Activities for Closed-End Management
Investment Companies
Not applicable.
Item 18.
Recovery of Erroneously Awarded Compensation
(a)
Not applicable.
(b)
Not applicable.
Item 19.
Exhibits
(a) | (1) | Code of Ethics pursuant to Item 2 of Form N-CSR is filed and attached hereto as EX-99.CODE ETH. |
(a) | (2) | |
(a) | (3) | Not applicable. |
(b) |
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.
Fidelity California Municipal Trust II
By: | /s/Laura M. Del Prato |
Laura M. Del Prato | |
President and Treasurer (Principal Executive Officer) | |
Date: | April 22, 2024 |
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: | /s/Laura M. Del Prato |
Laura M. Del Prato | |
President and Treasurer (Principal Executive Officer) | |
Date: | April 22, 2024 |
By: | /s/John J. Burke III |
John J. Burke III | |
Chief Financial Officer (Principal Financial Officer) | |
Date: | April 22, 2024 |