Clearwater Tax-Exempt Bond Fund

Fund Profile

Fund profile

Tickers

QWVQX

Fund manager

Clearwater Investment Trust

Total assets

$774.46 mm

Liabilities

$8.50 mm

Net assets

$765.97 mm

Number of holdings

745.00

Top 200 of 745 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
Northern Institutional Funds GOVT SELECT PT	17.64 mm	17.64 mm shares	2.30	Short-term investment vehicle	Long	USA
TX TXSSFH 5.12 01/01/2054	5.20 mm	5.00 mm principal	0.68	Debt	Long	USA
MI MISHSG 4.95 12/01/2053	5.15 mm	5.00 mm principal	0.67	Debt	Long	USA
UT UTSHSG 6 12/21/2052	5.06 mm	4.82 mm principal	0.66	Debt	Long	USA
MN MNSHSG 6 01/01/2053	5.00 mm	4.63 mm principal	0.65	Debt	Long	USA
MI MISHSG 2.5 06/01/2052	4.51 mm	6.50 mm principal	0.59	Debt	Long	USA
UT UTSHSG 6 06/21/2053	4.17 mm	3.97 mm principal	0.54	Debt	Long	USA
NJ NJSHSG 4.8 10/01/2053	4.10 mm	4.00 mm principal	0.53	Debt	Long	USA
NJ NJSHSG 4.5 10/01/2042	4.02 mm	3.95 mm principal	0.52	Debt	Long	USA
UT UTSHSG 5.5 04/21/2053	3.83 mm	3.76 mm principal	0.50	Debt	Long	USA
TX TXSSFH 3.12 01/01/2052	3.77 mm	4.75 mm principal	0.49	Debt	Long	USA
TX TXSSFH 5.12 01/01/2048	3.67 mm	3.50 mm principal	0.48	Debt	Long	USA
MI MISHSG 2.75 06/01/2051	3.64 mm	5.00 mm principal	0.47	Debt	Long	USA
TX TXSSFH 4.88 03/01/2053	3.61 mm	3.50 mm principal	0.47	Debt	Long	USA
WV WVSSFH 4.85 11/01/2049	3.08 mm	3.00 mm principal	0.40	Debt	Long	USA
IN INSSFH 4.8 07/01/2054	3.07 mm	3.00 mm principal	0.40	Debt	Long	USA
VA CHBTRN 5 07/01/2041	3.07 mm	3.00 mm principal	0.40	Debt	Long	USA
OH OHSHSG 2.85 09/01/2046	3.05 mm	3.90 mm principal	0.40	Debt	Long	USA
NY NYSHSG 3.3 10/01/2047	2.94 mm	3.44 mm principal	0.38	Debt	Long	USA
MA MASMFH 2.3 01/01/2042	2.89 mm	3.97 mm principal	0.38	Debt	Long	USA
NY NYCHSG 3.9 05/01/2045	2.89 mm	3.00 mm principal	0.38	Debt	Long	USA
UT UTSHSG 6.5 09/21/2053	2.89 mm	2.73 mm principal	0.38	Debt	Long	USA
UT UTSHSG 6.5 05/21/2053	2.86 mm	2.70 mm principal	0.37	Debt	Long	USA
TN TNSHSG 3.5 07/01/2042	2.80 mm	3.00 mm principal	0.37	Debt	Long	USA
CA ACASCD 6.55 08/01/2039	2.74 mm	2.35 mm principal	0.36	Debt	Long	USA
NJ NJSHSG 3.75 10/01/2035	2.68 mm	2.68 mm principal	0.35	Debt	Long	USA
DC DISHSG 2.5 03/01/2042	2.65 mm	3.50 mm principal	0.35	Debt	Long	USA
MO MOSHSG 5.15 11/01/2053	2.62 mm	2.50 mm principal	0.34	Debt	Long	USA
NPI Nuveen Premium Income Municipal Fund Inc	2.60 mm	209.66 k shares	0.34	Common equity	Long	USA
TX TXSSFH 5.5 09/01/2052	2.57 mm	2.38 mm principal	0.34	Debt	Long	USA
IL ILSHSG 5.25 04/01/2053	2.55 mm	2.38 mm principal	0.33	Debt	Long	USA
ID IDSSFH 4.75 01/01/2048	2.55 mm	2.50 mm principal	0.33	Debt	Long	USA
NEA Nuveen AMT-Free Quality Municipal Income Fund	2.54 mm	212.36 k shares	0.33	Common equity	Long	USA
CA OKPSCD 7.1 08/01/2038	2.53 mm	2.00 mm principal	0.33	Debt	Long	USA
FL PALMED 4 05/15/2053	2.51 mm	2.94 mm principal	0.33	Debt	Long	USA
FL MIATRN 5 10/01/2034	2.51 mm	2.25 mm principal	0.33	Debt	Long	USA
OH OHSHSG 2.45 09/01/2051	2.50 mm	3.62 mm principal	0.33	Debt	Long	USA
GA MAIUTL 12/01/2054	2.47 mm	2.25 mm principal	0.32	Debt	Long	USA
UT UTSHSG 6.5 01/21/2053	2.45 mm	2.32 mm principal	0.32	Debt	Long	USA
GA MAIUTL 12/01/2054	2.43 mm	2.25 mm principal	0.32	Debt	Long	USA
NC NCSHSG 3.5 07/01/2042	2.39 mm	2.50 mm principal	0.31	Debt	Long	USA
OH OHSHSG 5.1 09/01/2047	2.38 mm	2.26 mm principal	0.31	Debt	Long	USA
TX HAREDU 5 07/01/2033	2.33 mm	2.00 mm principal	0.30	Debt	Long	USA
FL FLSHSG 4.7 07/01/2049	2.28 mm	2.25 mm principal	0.30	Debt	Long	USA
TX TXSTRN 5 08/15/2034	2.27 mm	1.95 mm principal	0.30	Debt	Long	USA
UT INTPWR 5.25 07/01/2043	2.26 mm	2.00 mm principal	0.29	Debt	Long	USA
DC METAPT 5 10/01/2035	2.23 mm	2.00 mm principal	0.29	Debt	Long	USA
TX HOUAPT 5.25 07/01/2048	2.17 mm	2.00 mm principal	0.28	Debt	Long	USA
TN TNSHSG 2.38 07/01/2046	2.13 mm	2.98 mm principal	0.28	Debt	Long	USA
NY NYSHSG 4.65 10/01/2053	2.07 mm	2.03 mm principal	0.27	Debt	Long	USA
MA MASHSG 4.9 12/01/2048	2.06 mm	2.00 mm principal	0.27	Debt	Long	USA
AZ PHOWTR 5 07/01/2039	2.06 mm	2.00 mm principal	0.27	Debt	Long	USA
UT UTSFAC 5 10/15/2037	2.05 mm	2.00 mm principal	0.27	Debt	Long	USA
IA IASSFH 5.5 07/01/2053	2.05 mm	1.91 mm principal	0.27	Debt	Long	USA
TX CRASCD 5 08/15/2036	2.05 mm	2.00 mm principal	0.27	Debt	Long	USA
MI MISHSG 4.7 12/01/2053	2.04 mm	2.00 mm principal	0.27	Debt	Long	USA
AL ALSSFM 4.7 10/01/2054	2.04 mm	2.00 mm principal	0.27	Debt	Long	USA
UT UTSSFH 4.7 01/01/2054	2.04 mm	2.00 mm principal	0.27	Debt	Long	USA
FL NRRGEN 5.75 05/01/2033	2.03 mm	1.95 mm principal	0.27	Debt	Long	USA
ID IDSSFH 4.75 07/01/2048	2.03 mm	1.99 mm principal	0.27	Debt	Long	USA
FL FLSHSG 4.6 07/01/2049	2.03 mm	2.00 mm principal	0.26	Debt	Long	USA
NY NYSDEV 5 11/15/2040	2.02 mm	2.00 mm principal	0.26	Debt	Long	USA
FL FLSDEV 04/23/2058	2.02 mm	2.00 mm principal	0.26	Debt	Long	USA
VA CHCPOL 4.25 08/01/2027	2.01 mm	2.00 mm principal	0.26	Debt	Long	USA
TN TNSHSG 4.7 07/01/2053	2.01 mm	1.98 mm principal	0.26	Debt	Long	USA
MO MOSSFH 4.45 11/01/2049	2.01 mm	2.00 mm principal	0.26	Debt	Long	USA
OK OKSDEV 5 08/01/2049	2.01 mm	2.00 mm principal	0.26	Debt	Long	USA
TX AUSAPT 5 11/15/2044	2.00 mm	2.00 mm principal	0.26	Debt	Long	USA
TX NHPFAC 5.5 10/01/2027	2.00 mm	2.00 mm principal	0.26	Debt	Long	USA
OK OKSSFM 6.25 09/01/2053	2.00 mm	1.83 mm principal	0.26	Debt	Long	USA
NC NCSHSG 4.4 07/01/2046	1.99 mm	1.99 mm principal	0.26	Debt	Long	USA
IQI Invesco Quality Municipal Income Trust	1.99 mm	190.37 k shares	0.26	Common equity	Long	USA
Northern Institutional Funds GOVT SELECT PT	1.98 mm	1.98 mm shares	0.26	Short-term investment vehicle	Long	USA
FL SLADEV 4.25 05/01/2053	1.96 mm	2.25 mm principal	0.26	Debt	Long	USA
CT CTSHSG 3.85 05/15/2045	1.91 mm	2.00 mm principal	0.25	Debt	Long	USA
IL CHITRN 5.25 01/01/2048	1.91 mm	1.75 mm principal	0.25	Debt	Long	USA
NM NMSHSG 3.95 09/01/2047	1.91 mm	1.98 mm principal	0.25	Debt	Long	USA
MO MOSSFH 4.65 11/01/2049	1.88 mm	1.85 mm principal	0.25	Debt	Long	USA
MO MOSMED 4 02/01/2048	1.87 mm	2.00 mm principal	0.24	Debt	Long	USA
KTF DWS Municipal Income Trust	1.86 mm	186.27 k shares	0.24	Common equity	Long	USA
VMO Invesco Municipal Opportunity Trust	1.82 mm	176.91 k shares	0.24	Common equity	Long	USA
NE NESSFH 4.35 09/01/2040	1.78 mm	1.75 mm principal	0.23	Debt	Long	USA
NC NCSHSG 4.8 01/01/2055	1.78 mm	1.75 mm principal	0.23	Debt	Long	USA
WA FRASCD 5.5 12/01/2040	1.76 mm	1.50 mm principal	0.23	Debt	Long	USA
OH FRAMED 4 07/01/2045	1.74 mm	2.00 mm principal	0.23	Debt	Long	USA
IA IASGEN 7.25 05/15/2038	1.74 mm	1.50 mm principal	0.23	Debt	Long	USA
UT MILDEV 4 06/01/2052	1.73 mm	2.00 mm principal	0.23	Debt	Long	USA
IL ILS 5.5 05/01/2047	1.65 mm	1.50 mm principal	0.22	Debt	Long	USA
TN TNSHSG 6.25 01/01/2054	1.65 mm	1.49 mm principal	0.22	Debt	Long	USA
TX GPTTRN 5.5 10/01/2035	1.64 mm	1.50 mm principal	0.21	Debt	Long	USA
PA COASCD 5.25 11/15/2037	1.64 mm	1.50 mm principal	0.21	Debt	Long	USA
AL BBEUTL 05/01/2055	1.63 mm	1.50 mm principal	0.21	Debt	Long	USA
OH OHSEDU 4 11/01/2049	1.62 mm	2.00 mm principal	0.21	Debt	Long	USA
PA PASSFH 3.65 10/01/2042	1.61 mm	1.69 mm principal	0.21	Debt	Long	USA
MA MASDEV 4 06/01/2049	1.61 mm	1.50 mm principal	0.21	Debt	Long	USA
OH CLOEDU 5.75 12/01/2047	1.60 mm	1.50 mm principal	0.21	Debt	Long	USA
NY NYTTRN 5.5 06/30/2060	1.60 mm	1.50 mm principal	0.21	Debt	Long	USA
MI MISHSG 5 10/01/2048	1.60 mm	1.50 mm principal	0.21	Debt	Long	USA
CA CASEDU 6 08/01/2029	1.60 mm	1.50 mm principal	0.21	Debt	Long	USA
MI MISHSG 5.75 06/01/2054	1.59 mm	1.47 mm principal	0.21	Debt	Long	USA
FL BROAPT 5 10/01/2038	1.59 mm	1.50 mm principal	0.21	Debt	Long	USA
SD SDSHSG 2.5 11/01/2042	1.58 mm	2.00 mm principal	0.21	Debt	Long	USA
TX TXSSFH 5.25 09/01/2052	1.58 mm	1.50 mm principal	0.21	Debt	Long	USA
NVG Nuveen AMT-Free Municipal Credit Income Fund	1.58 mm	117.94 k shares	0.21	Common equity	Long	USA
TX NHPFAC 6.5 10/01/2033	1.57 mm	1.50 mm principal	0.21	Debt	Long	USA
NC NCSHSG 5 07/01/2046	1.57 mm	1.50 mm principal	0.21	Debt	Long	USA
CO LEGDEV 0 12/01/2051	1.56 mm	2.00 mm principal	0.20	Debt	Long	USA
VKI Invesco Advantage Municipal Income Trust II	1.56 mm	167.45 k shares	0.20	Common equity	Long	USA
MI MISHSG 4.95 12/01/2048	1.55 mm	1.50 mm principal	0.20	Debt	Long	USA
KY KYSSFH 4.7 07/01/2043	1.55 mm	1.50 mm principal	0.20	Debt	Long	USA
OK OKSSFM 4.75 09/01/2048	1.55 mm	1.50 mm principal	0.20	Debt	Long	USA
ME MESHSG 4.85 11/15/2054	1.55 mm	1.50 mm principal	0.20	Debt	Long	USA
MIY BlackRock MuniYield Michigan Quality Fund, Inc.	1.54 mm	128.11 k shares	0.20	Common equity	Long	USA
NC MECMFH 5.38 01/01/2036	1.54 mm	1.54 mm principal	0.20	Debt	Long	USA
AL ALSSFM 4.8 10/01/2054	1.54 mm	1.50 mm principal	0.20	Debt	Long	USA
TX TXSSFH 5 03/01/2049	1.54 mm	1.50 mm principal	0.20	Debt	Long	USA
CO COSHSG 6 11/01/2052	1.53 mm	1.42 mm principal	0.20	Debt	Long	USA
DE DESHSG 4.75 07/01/2054	1.53 mm	1.50 mm principal	0.20	Debt	Long	USA
ND NDSHSG 4.75 07/01/2049	1.53 mm	1.50 mm principal	0.20	Debt	Long	USA
OH OHSHSG 4.65 09/01/2049	1.53 mm	1.50 mm principal	0.20	Debt	Long	USA
NH NHSDEV 5 04/01/2048	1.53 mm	1.50 mm principal	0.20	Debt	Long	USA
OH LUCHSG 5 11/01/2036	1.52 mm	1.50 mm principal	0.20	Debt	Long	USA
FL FLSHSG 2.3 01/01/2052	1.52 mm	2.27 mm principal	0.20	Debt	Long	USA
VKQ Invesco Municipal Trust	1.51 mm	147.64 k shares	0.20	Common equity	Long	USA
PR PRCGEN 4.33 07/01/2040	1.51 mm	1.52 mm principal	0.20	Debt	Long	USA
NY NYSHSG 2.6 11/01/2046	1.51 mm	2.00 mm principal	0.20	Debt	Long	USA
IL ILSFAC 5.25 06/15/2031	1.51 mm	1.50 mm principal	0.20	Debt	Long	USA
NM NMSHSG 4.7 09/01/2053	1.51 mm	1.48 mm principal	0.20	Debt	Long	USA
PR PRCGEN 4.55 07/01/2040	1.51 mm	1.50 mm principal	0.20	Debt	Long	USA
IL ILS 5 02/01/2039	1.51 mm	1.50 mm principal	0.20	Debt	Long	USA
KY KYSDEV 5 01/01/2045	1.50 mm	1.50 mm principal	0.20	Debt	Long	USA
MI MISGEN 4.25 12/31/2038	1.50 mm	1.49 mm principal	0.20	Debt	Long	USA
VA BOTMED 6 07/01/2044	1.50 mm	1.50 mm principal	0.20	Debt	Long	USA
IN INSMFH 5.75 01/01/2036	1.50 mm	1.50 mm principal	0.20	Debt	Long	USA
NY NYTTRN 5.25 06/30/2041	1.50 mm	1.38 mm principal	0.20	Debt	Long	USA
FL TOLDEV 3.75 05/01/2040	1.48 mm	1.48 mm principal	0.19	Debt	Long	USA
FL FLSHSG 4.55 07/01/2052	1.48 mm	1.48 mm principal	0.19	Debt	Long	USA
DC DISMFH 4.45 06/15/2031	1.48 mm	1.47 mm principal	0.19	Debt	Long	USA
NJ NJSHSG 5 10/01/2053	1.47 mm	1.41 mm principal	0.19	Debt	Long	USA
IN INSFIN 4 11/15/2041	1.47 mm	1.50 mm principal	0.19	Debt	Long	USA
NJ NJSHGR 3.5 12/01/2039	1.47 mm	1.55 mm principal	0.19	Debt	Long	USA
OR ORSHSG 2.38 01/01/2045	1.46 mm	2.00 mm principal	0.19	Debt	Long	USA
NY NYSHSG 2.95 10/01/2049	1.46 mm	1.88 mm principal	0.19	Debt	Long	USA
OH OHSHSG 2.75 09/01/2051	1.45 mm	1.95 mm principal	0.19	Debt	Long	USA
WV WVSSFH 4.85 11/01/2053	1.45 mm	1.41 mm principal	0.19	Debt	Long	USA
MN MNSHGR 2.65 11/01/2038	1.45 mm	1.62 mm principal	0.19	Debt	Long	USA
NY NYCMFH 2.6 11/01/2056	1.45 mm	2.25 mm principal	0.19	Debt	Long	USA
NM NMSHSG 2.8 09/01/2052	1.44 mm	1.98 mm principal	0.19	Debt	Long	USA
PA NORMED 5 08/15/2034	1.43 mm	1.25 mm principal	0.19	Debt	Long	USA
PA PASSFH 2.55 10/01/2051	1.43 mm	2.00 mm principal	0.19	Debt	Long	USA
WI WISMED 5.12 04/01/2057	1.43 mm	1.50 mm principal	0.19	Debt	Long	USA
TN TNSHSG 2.5 07/01/2051	1.42 mm	1.99 mm principal	0.19	Debt	Long	USA
CA ENTSCD 6.2 08/01/2035	1.42 mm	1.16 mm principal	0.18	Debt	Long	USA
KS WYAGEN 5.25 09/01/2035	1.41 mm	1.39 mm principal	0.18	Debt	Long	USA
CO COHFAC 5.75 12/15/2047	1.40 mm	1.40 mm principal	0.18	Debt	Long	USA
FL NPMGEN 5 08/01/2029	1.40 mm	1.40 mm principal	0.18	Debt	Long	USA
WI WISMED 5 06/01/2041	1.38 mm	1.41 mm principal	0.18	Debt	Long	USA
GA GASHSG 3.9 12/01/2043	1.38 mm	1.41 mm principal	0.18	Debt	Long	USA
FL LKRGEN 6.12 05/01/2043	1.35 mm	1.25 mm principal	0.18	Debt	Long	USA
FL UPRFAC 3.5 05/01/2050	1.34 mm	1.50 mm principal	0.18	Debt	Long	USA
WA VANHSG 3 06/01/2038	1.34 mm	1.50 mm principal	0.18	Debt	Long	USA
WV WVSSFH 2.5 11/01/2051	1.34 mm	1.89 mm principal	0.17	Debt	Long	USA
WI PUBGEN 4.75 11/15/2053	1.33 mm	1.70 mm principal	0.17	Debt	Long	USA
MA MASEDU 3.75 07/01/2048	1.33 mm	1.50 mm principal	0.17	Debt	Long	USA
IL ILSGEN 5.12 05/15/2038	1.32 mm	1.45 mm principal	0.17	Debt	Long	USA
MN ELKSCD 2.5 02/01/2039	1.31 mm	1.59 mm principal	0.17	Debt	Long	USA
CA ENCSCD 6.75 08/01/2035	1.30 mm	1.00 mm principal	0.17	Debt	Long	USA
TX GXMUTL 5 10/01/2032	1.30 mm	1.13 mm principal	0.17	Debt	Long	USA
NY NYSHSG 2.45 10/01/2045	1.28 mm	1.70 mm principal	0.17	Debt	Long	USA
VA VASHSG 4.7 07/01/2055	1.28 mm	1.25 mm principal	0.17	Debt	Long	USA
IL ILSHSG 4.75 10/01/2048	1.28 mm	1.25 mm principal	0.17	Debt	Long	USA
NJ NJSMED 5 07/01/2043	1.28 mm	1.25 mm principal	0.17	Debt	Long	USA
NV NVSSFH 4.7 10/01/2054	1.27 mm	1.25 mm principal	0.17	Debt	Long	USA
SD SDSHSG 4.8 11/01/2048	1.27 mm	1.25 mm principal	0.17	Debt	Long	USA
FL PALMED 11.5 07/01/2027	1.26 mm	1.00 mm principal	0.16	Debt	Long	USA
FL ORAMED 5 08/01/2040	1.26 mm	1.25 mm principal	0.16	Debt	Long	USA
NY NYTTRN 4 10/01/2030	1.26 mm	1.25 mm principal	0.16	Debt	Long	USA
FL BROAPT 5 10/01/2045	1.26 mm	1.25 mm principal	0.16	Debt	Long	USA
IL BUREDU 6 09/01/2035	1.26 mm	1.25 mm principal	0.16	Debt	Long	USA
IL ILSGEN 5 08/15/2044	1.26 mm	1.25 mm principal	0.16	Debt	Long	USA
PR PRC 4 07/01/2041	1.26 mm	1.30 mm principal	0.16	Debt	Long	USA
MA MASEDU 3 07/01/2051	1.25 mm	1.70 mm principal	0.16	Debt	Long	USA
CA CNRSCD 6.8 08/01/2039	1.24 mm	1.11 mm principal	0.16	Debt	Long	USA
SC SCSHSG 4.62 07/01/2054	1.24 mm	1.22 mm principal	0.16	Debt	Long	USA
FL HYDDEV 5.25 05/01/2034	1.21 mm	1.20 mm principal	0.16	Debt	Long	USA
NZF Nuveen Municipal Credit Income Fund	1.21 mm	92.22 k shares	0.16	Common equity	Long	USA
FL HOBGEN 5.6 05/01/2044	1.20 mm	1.15 mm principal	0.16	Debt	Long	USA
GA GAIDEV 6.25 09/01/2044	1.20 mm	1.25 mm principal	0.16	Debt	Long	USA
MA SMV 2 10/15/2038	1.20 mm	1.50 mm principal	0.16	Debt	Long	USA
CA ALVSCD 0 08/01/2046	1.19 mm	1.00 mm principal	0.16	Debt	Long	USA
TX NHPFAC 12 12/01/2028	1.19 mm	1.00 mm principal	0.16	Debt	Long	USA
CA CARSCD 6.12 08/01/2031	1.19 mm	1.00 mm principal	0.16	Debt	Long	USA
CA HLNSCD 6.25 08/01/2034	1.16 mm	1.00 mm principal	0.15	Debt	Long	USA
MI MISTRN 5.5 11/15/2044	1.16 mm	1.00 mm principal	0.15	Debt	Long	USA
NQP Nuveen Pennsylvania Quality Municipal Income Fund	1.15 mm	91.47 k shares	0.15	Common equity	Long	USA
MYI BlackRock MuniYield Quality Fund III, Inc.	1.15 mm	96.09 k shares	0.15	Common equity	Long	USA
IL CHIAPT 5.75 01/01/2043	1.13 mm	1.00 mm principal	0.15	Debt	Long	USA
CA SDGAPT 5.25 07/01/2038	1.13 mm	1.00 mm principal	0.15	Debt	Long	USA
NY NYTTRN 6 04/01/2035	1.13 mm	1.00 mm principal	0.15	Debt	Long	USA
UT UTSFAC 5.5 10/15/2033	1.13 mm	1.00 mm principal	0.15	Debt	Long	USA