THE “UNAUDITED MUTUAL FUNDS HOLDINGS” LIST (“the
List”) IS TO BE USED FOR REPORTING PURPOSES ONLY. IT IS
NOT TO BE REPRODUCED FOR USE AS ADVERTISING OR
SALES LITERATURE WITH THE GENERAL PUBLIC. The list is
submitted for the general information of the shareholders of the Fund.
It is not authorized for distribution to prospective investors in the Fund
unless preceded or accompanied by a prospectus. The list has been
created from the books and records of the Fund. Holdings are
available 60 days after the fund’s fiscal quarter, using a trade date
accounting convention, by contacting the appropriate service center.
The list is subject to change without notice. The list is for
informational purposes only and is not intended as an offer or
solicitation with respect to the purchase or sale of any security.
|
JPMorgan Asset Management is the marketing name for the asset
management business of J.P. Morgan Chase & Co.
|
J.P. Morgan Distribution Services, Inc., member FINRA.
|
© J.P. Morgan Chase & Co., 2024.
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — 96.8% (a)
|
||
Alabama — 1.2%
|
||
Black Belt Energy Gas District, Gas Project Series 2022B-1, Rev., 4.00%, 10/1/2027 (b)
|
8,455
|
8,438
|
County of Jefferson
|
|
|
Series 2024, Rev., 5.00%, 10/1/2035
|
2,000
|
2,216
|
Series 2024, Rev., 5.00%, 10/1/2039
|
4,000
|
4,340
|
Series 2024, Rev., 5.25%, 10/1/2043
|
2,000
|
2,168
|
Series 2024, Rev., 5.25%, 10/1/2049
|
1,000
|
1,061
|
Southeast Energy Authority A Cooperative District, Project No. 2 Series 2021B, Rev.,
4.00%, 12/1/2031 (b)
|
6,705
|
6,578
|
Total Alabama
|
|
24,801
|
Arizona — 2.8%
|
||
Arizona Industrial Development Authority, Aliante and Skye Canyon Campus Project Series
2021A, Rev., 4.00%,
12/15/2051 (c)
|
250
|
196
|
Arizona Industrial Development Authority, Equitable School Revolving Fund LLC
|
|
|
Series 2022A, Rev., 5.00%, 11/1/2034
|
1,550
|
1,686
|
Series 2022A, Rev., 5.00%, 11/1/2035
|
1,875
|
2,033
|
Series 2022A, Rev., 5.00%, 11/1/2036
|
1,775
|
1,918
|
Arizona Industrial Development Authority, Great Lakes Senior Living Communities LLC
Project
|
|
|
Series 2019A, Rev., 5.00%, 1/1/2025
|
1,800
|
1,747
|
Series 2019A, Rev., 5.00%, 1/1/2026
|
1,875
|
1,759
|
Series 2019A, Rev., 5.00%, 1/1/2027
|
1,850
|
1,668
|
Series 2019A, Rev., 5.00%, 1/1/2028
|
1,500
|
1,312
|
Series 2019A, Rev., 5.00%, 1/1/2029
|
660
|
560
|
Series 2019A, Rev., 5.00%, 1/1/2030
|
3,670
|
3,019
|
Series 2019A, Rev., 4.00%, 1/1/2031
|
4,100
|
3,098
|
Series 2019A, Rev., 4.00%, 1/1/2032
|
4,265
|
3,080
|
Series 2019A, Rev., 4.00%, 1/1/2033
|
4,440
|
3,137
|
Series 2019A, Rev., 5.00%, 1/1/2034
|
1,770
|
1,319
|
Series 2019A, Rev., 5.00%, 1/1/2035
|
2,285
|
1,673
|
Series 2019A, Rev., 5.00%, 1/1/2036
|
1,835
|
1,311
|
Series 2019A, Rev., 5.00%, 1/1/2037
|
500
|
349
|
Series 2019A, Rev., 5.00%, 1/1/2038
|
500
|
347
|
Series 2019A, Rev., 4.25%, 1/1/2039
|
545
|
342
|
Series 2019A, Rev., 4.25%, 1/1/2040
|
1,320
|
812
|
Series 2019A, Rev., 5.00%, 1/1/2043
|
1,750
|
1,147
|
Industrial Development Authority of The City of Phoenix, Downtown Phoenix Student
Housing LLC - Arizona State University
Project
|
|
|
Series 2018A, Rev., 5.00%, 7/1/2028
|
700
|
709
|
Series 2018A, Rev., 5.00%, 7/1/2029
|
1,300
|
1,319
|
Industrial Development Authority of the County of Pima (The), La Posada at Pusch Ridge
Project Series 2022B-3, Rev., 5.13%,
11/15/2029 (c)
|
4,000
|
4,027
|
Maricopa County Industrial Development Authority, Banner Health Series A, Rev., 4.00%,
1/1/2041
|
1,650
|
1,607
|
Maricopa County Industrial Development Authority, Honorhealth Series 2019A, Rev.,
5.00%, 9/1/2037
|
1,250
|
1,296
|
Maricopa County Industrial Development Authority, HonorHealth Series 2019A, Rev.,
5.00%, 9/1/2034
|
1,000
|
1,044
|
Maricopa County Industrial Development Authority, Ottawa University Rev., 5.13%, 10/1/2030 (c)
|
215
|
214
|
Maricopa County Industrial Development Authority, Valley Christian Schools Project
Series 2023A, Rev., 6.00%, 7/1/2043 (c)
|
940
|
957
|
Pima County Unified School District No. 1 Tucson, Project of 2023 Series 2024 A, GO,
AGM, 5.00%, 7/1/2036
|
1,000
|
1,122
|
Regional Public Transportation Authority, Transportation Excise Tax, Maricopa County
Public Transportation Fund Rev., 5.25%,
7/1/2025
|
1,000
|
1,001
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
Arizona — continued
|
||
Salt River Project Agricultural Improvement and Power District, Arizona Electric System
|
|
|
Series 2017A, Rev., 5.00%, 1/1/2033
|
3,000
|
3,158
|
Series 2017A, Rev., 5.00%, 1/1/2034
|
6,000
|
6,312
|
Scottsdale Municipal Property Corp., Excise Tax Rev., 5.00%, 7/1/2026
|
1,570
|
1,619
|
Total Arizona
|
|
56,898
|
California — 6.8%
|
||
Arcadia Unified School District GO, 4.00%, 8/1/2038
|
9,385
|
9,393
|
Burbank-Glendale-Pasadena Airport Authority Brick Campaign
|
|
|
Series 2024B, Rev., AMT, AGM, 4.38%, 7/1/2049
|
1,035
|
1,007
|
Series 2024B, Rev., AMT, 5.25%, 7/1/2049
|
1,000
|
1,064
|
California Community Choice Financing Authority, Clean Energy Project Series 2021B-1,
Rev., 4.00%, 8/1/2031 (b)
|
19,915
|
19,759
|
California County Tobacco Securitization Agency, Los Angeles County Securitization
Corp.
|
|
|
Series 2020A, Rev., 5.00%, 6/1/2024
|
350
|
350
|
Series 2020A, Rev., 5.00%, 6/1/2027
|
400
|
417
|
California Educational Facilities Authority, Claremont McKenna College Series 2015A,
Rev., 4.00%, 1/1/2026 (d)
|
3,000
|
3,033
|
California Health Facilities Financing Authority, Sutter Health Series 2016A, Rev.,
3.25%, 11/15/2025 (d)
|
1,725
|
1,724
|
California Municipal Finance Authority, Community Medical Center
|
|
|
Series 2017A, Rev., 5.00%, 2/1/2028
|
900
|
920
|
Series 2017A, Rev., 5.00%, 2/1/2029
|
1,250
|
1,278
|
California Municipal Finance Authority, Linxs Apartments Project, Senior Lien Series
2018A, Rev., AMT, AGM, 3.25%,
12/31/2032
|
11,235
|
10,087
|
California Pollution Control Financing Authority, Poseidon Resources Channelside LP
Desalination Project
|
|
|
Rev., AMT, 5.00%, 7/1/2036 (c)
|
1,095
|
1,185
|
Rev., AMT, 5.00%, 7/1/2037 (c)
|
1,100
|
1,183
|
Rev., AMT, 5.00%, 7/1/2038 (c)
|
1,000
|
1,069
|
Rev., AMT, 5.00%, 11/21/2045 (c)
|
1,000
|
1,034
|
California State Public Works Board Series C, Rev., 5.00%, 3/1/2032
|
3,025
|
3,147
|
Castaic Lake Water Agency, Capital Appreciation, Water System Improvement Project
Series 1999A, COP, AMBAC, Zero Coupon,
8/1/2025
|
10,445
|
10,031
|
City of Los Angeles, Wastewater System Series 2013A, Rev., 5.00%, 6/1/2026
|
12,500
|
12,524
|
City of San Francisco, Public Utilities Commission Water Series A, Rev., 5.00%, 11/1/2035
|
1,500
|
1,551
|
CSCDA Community Improvement Authority, Essential Housing, Pasadena Portfolio Series
2021A-1, Rev., 2.65%,
12/1/2046 (c)
|
4,045
|
3,152
|
East Bay Municipal Utility District, Water System Series 2015B, Rev., 5.00%, 6/1/2024
|
45
|
45
|
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Series 2015A,
Rev., 5.00%, 6/1/2025 (d)
|
4,000
|
4,067
|
Grossmont-Cuyamaca Community College District, Election of 2002 Series 2008C, GO,
AGC, Zero Coupon, 8/1/2026
|
19,585
|
18,163
|
Menlo Park City School District, Capital Appreciation
|
|
|
GO, Zero Coupon, 7/1/2033
|
1,000
|
696
|
GO, Zero Coupon, 7/1/2036
|
1,150
|
695
|
GO, Zero Coupon, 7/1/2037
|
1,950
|
1,124
|
GO, Zero Coupon, 7/1/2041
|
1,250
|
573
|
Mountain View-Los Altos Union High School District, Election of 2010 Series C, GO,
Zero Coupon, 8/1/2027
|
1,000
|
891
|
Plumas Unified School District, Election of 2016 Series B, GO, 5.00%, 8/1/2024
|
50
|
50
|
River Islands Public Financing Authority, Facilities District No. 2003 Series 2022A-1,
AGM, 5.00%, 9/1/2042
|
1,000
|
1,076
|
San Diego County Regional Airport Authority Series 2021 B, Rev., AMT, 5.00%, 7/1/2051
|
5,180
|
5,294
|
San Jose Evergreen Community College District
|
|
|
Series C, GO, 4.00%, 9/1/2042
|
2,000
|
2,033
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
California — continued
|
||
Series C, GO, 4.00%, 9/1/2045
|
1,250
|
1,252
|
Santa Clara County Financing Authority, Multiple Facilities Projects Series 2015P,
Rev., 5.00%, 5/15/2029
|
8,400
|
8,549
|
Southern California Public Power Authority, Southern Transmission System Renewal Project
Series 2023-1A, Rev., 5.25%,
7/1/2053
|
7,000
|
7,753
|
West Hills Community College District GO, AGM, 4.00%, 8/1/2037
|
1,650
|
1,675
|
Total California
|
|
137,844
|
Colorado — 4.3%
|
||
Canyon Pines Metropolitan District Special Improvement District No. 1 Series 2021A-2,
3.75%, 12/1/2040
|
817
|
627
|
City and County of Denver, Airport System
|
|
|
Series 2018A, Rev., AMT, 5.00%, 12/1/2035
|
18,390
|
19,089
|
Series 2022A, Rev., AMT, 5.00%, 11/15/2037
|
8,750
|
9,387
|
Series 2022A, Rev., AMT, 5.50%, 11/15/2038
|
5,000
|
5,539
|
Series 2022B, Rev., 5.00%, 11/15/2040
|
1,000
|
1,094
|
Series 2022B, Rev., 5.00%, 11/15/2041
|
1,220
|
1,330
|
Series 2022A, Rev., AMT, 5.50%, 11/15/2042
|
12,340
|
13,470
|
Clear Creek Transit Metropolitan District No. 2, Limited Tax Series 2021A, GO, 5.00%,
12/1/2041
|
574
|
503
|
Colorado Bridge and Tunnel Enterprise, Senior Infrastructure Series 2024 A, Rev.,
AGM, 5.25%, 12/1/2049
|
1,615
|
1,757
|
Colorado Educational and Cultural Facilities Authority, Global Village Academy Northglenn
Project Rev., 5.00%, 12/1/2040 (c)
|
555
|
514
|
Colorado Health Facilities Authority, Children's Hospital Colorado Project Series
2019A-2, Rev., 5.00%, 8/1/2039
|
1,225
|
1,276
|
Colorado Health Facilities Authority, CommonSpirit Health
|
|
|
Series 2019A-2, Rev., 5.00%, 8/1/2030
|
2,055
|
2,171
|
Series 2019A-2, Rev., 5.00%, 8/1/2031
|
1,000
|
1,058
|
Series 2019A-2, Rev., 5.00%, 8/1/2032
|
2,000
|
2,118
|
Colorado Health Facilities Authority, School Health System Series 2019A, Rev., 4.00%,
1/1/2037
|
2,605
|
2,606
|
Denver Health and Hospital Authority
|
|
|
Series 2019A, Rev., 5.00%, 12/1/2031
|
1,400
|
1,426
|
Series 2019A, Rev., 5.00%, 12/1/2032
|
3,645
|
3,718
|
Series 2019A, Rev., 4.00%, 12/1/2037
|
2,540
|
2,311
|
Dominion Water and Sanitation District
|
|
|
Rev., 5.00%, 12/1/2027
|
1,095
|
1,088
|
Rev., 5.25%, 12/1/2032
|
1,905
|
1,902
|
Peak Metropolitan District No. 1
|
|
|
Series 2021A, GO, 4.00%, 12/1/2035 (c)
|
500
|
428
|
Series 2021A, GO, 5.00%, 12/1/2041 (c)
|
500
|
443
|
Series 2021A, GO, 5.00%, 12/1/2051 (c)
|
550
|
456
|
Raindance Metropolitan District No. 1, Non-Potable Water System Rev., 5.00%, 12/1/2040
|
750
|
718
|
Reunion Metropolitan District Series 2021A, Rev., 3.63%, 12/1/2044
|
480
|
356
|
Rocky Mountain Rail Park Metropolitan District, Limited Tax
|
|
|
Series 2021A, GO, 5.00%, 12/1/2031 (c)
|
750
|
649
|
Series 2021A, GO, 5.00%, 12/1/2041 (c)
|
750
|
511
|
State of Colorado Series 2021A, COP, 4.00%, 12/15/2039
|
3,100
|
3,077
|
State of Colorado Department of Transportation Headquarters Facilities, Headquarters
Facilities Lease Purchase Agreement
COP, 5.00%, 6/15/2041
|
1,500
|
1,518
|
Third Creek Metropolitan District No. 1, Limited Tax Series 2022A-1, GO, 4.75%, 12/1/2051
|
1,515
|
1,171
|
Verve Metropolitan District No. 1
|
|
|
GO, 5.75%, 12/1/2033
|
2,000
|
1,851
|
GO, 5.00%, 12/1/2036
|
500
|
424
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
Colorado — continued
|
||
GO, 5.00%, 12/1/2041
|
1,125
|
903
|
Waterview II Metropolitan District Series 2022A, GO, 5.00%, 12/1/2041
|
1,250
|
1,151
|
Total Colorado
|
|
86,640
|
Connecticut — 0.4%
|
||
City of Stamford, Water Pollution Control System and Facility
|
|
|
Series 2013A, Rev., 5.00%, 8/15/2024
|
100
|
100
|
Series 2013A, Rev., 5.00%, 8/15/2025
|
350
|
351
|
Series 2013A, Rev., 5.00%, 8/15/2029
|
300
|
300
|
Stamford Housing Authority, The Dogwoods Project Rev., BAN, 11.00%, 12/1/2027 (c)
|
7,150
|
6,909
|
Total Connecticut
|
|
7,660
|
Delaware — 0.1%
|
||
Delaware State Economic Development Authority, Newark Charter School, Inc., Project
Rev., 5.00%, 9/1/2040
|
1,550
|
1,567
|
District of Columbia — 0.9%
|
||
District of Columbia
|
|
|
Series 2015A, GO, 5.00%, 6/1/2031
|
5,000
|
5,064
|
Series 2015A, GO, 5.00%, 6/1/2036
|
7,275
|
7,349
|
Washington Metropolitan Area Transit Authority Series 2017B, Rev., 5.00%, 7/1/2032
|
5,750
|
5,971
|
Total District of Columbia
|
|
18,384
|
Florida — 2.2%
|
||
Capital Trust Agency, Inc., Legends Academy Project Series 2021A, Rev., 5.00%, 12/1/2045 (c)
|
1,445
|
1,127
|
City of Jacksonville, Health Care Facilities, Brooks Rehabilitation Project Rev.,
4.00%, 11/1/2045
|
6,500
|
5,756
|
City of Miami Series 2024A, Rev., 5.50%, 1/1/2049 (e)
|
2,500
|
2,758
|
County of Miami-Dade Rev., Zero Coupon, 10/1/2040
|
5,000
|
2,397
|
County of Miami-Dade, Building Better Communities Program
|
|
|
Series 2016A, GO, 5.00%, 7/1/2033
|
2,835
|
2,905
|
Series 2016A, GO, 5.00%, 7/1/2034
|
5,355
|
5,483
|
Florida Development Finance Corp., Brightline Florida Passenger Rail Project Series
2024, Rev., AMT, 5.50%, 7/1/2053
|
8,000
|
8,314
|
Florida Development Finance Corp., Central Charter School Project Series 2022, Rev.,
5.25%, 8/15/2037 (c)
|
350
|
342
|
Florida Development Finance Corp., Idea Florida, Inc., Jacksonville IV Project Rev.,
5.25%, 6/15/2029 (c)
|
1,000
|
1,019
|
Lee County School Board (The) Series 2023A, COP, 5.00%, 8/1/2042
|
6,725
|
7,198
|
Middleton Community Development District A, City of Wildwood, Florida Special Assessment
5.85%, 5/1/2037
|
750
|
786
|
State of Florida Department of Transportation Series 2023, Rev., 5.00%, 7/1/2039
|
4,735
|
5,152
|
Village Community Development District No. 15 4.85%, 5/1/2038 (c)
|
1,000
|
1,011
|
Total Florida
|
|
44,248
|
Georgia — 4.2%
|
||
Bartow County Development Authority, Georgia Power Co. Plant Series 2009-1, Rev.,
3.95%, 3/8/2028 (b)
|
2,000
|
2,017
|
Brookhaven Urban Redevelopment Agency Series 2023A, Rev., 5.00%, 7/1/2039
|
1,415
|
1,580
|
Cherokee County Water and Sewer Authority Series 2023, Rev., 5.00%, 8/1/2039
|
375
|
417
|
City of Atlanta, Water and Wastewater Rev., 5.00%, 11/1/2029
|
2,110
|
2,134
|
County of DeKalb, Water and Sewerage Series 2006B, Rev., 5.25%, 10/1/2026
|
5,500
|
5,724
|
George L Smith II Congress Center Authority, Convention Center Hotel Second Series
2021B, Rev., 3.63%, 1/1/2031 (c)
|
1,170
|
1,100
|
Georgia Higher Education Facilities Authority, USG Real Estate Foundation II LLC Projects
|
|
|
Rev., 3.00%, 6/15/2032
|
1,175
|
1,055
|
Rev., 4.00%, 6/15/2037
|
1,500
|
1,500
|
Rev., 4.00%, 6/15/2039
|
1,785
|
1,747
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
Georgia — continued
|
||
Georgia Ports Authority Series 2022, Rev., 4.00%, 7/1/2040
|
4,000
|
4,008
|
Georgia State Road and Tollway Authority, Managed Lane System Series 2021A, Rev.,
GTD, 4.00%, 7/15/2039
|
2,000
|
2,044
|
Henry County, Water and Sewerage Authority Rev., AGM-CR, BHAC - CR, NATL - RE, 5.25%,
2/1/2028
|
5,000
|
5,336
|
Main Street Natural Gas, Inc., Gas Supply
|
|
|
Series 2021C, Rev., 4.00%, 12/1/2028 (b)
|
2,500
|
2,496
|
Series 2022B, Rev., 5.00%, 6/1/2029 (b)
|
28,490
|
29,603
|
Series 2023B, Rev., 5.00%, 3/1/2030 (b)
|
9,430
|
9,907
|
Series 2023A, Rev., 5.00%, 6/1/2030 (b)
|
1,175
|
1,227
|
Series 2024 A, Rev., 5.00%, 9/1/2031 (b)
|
10,690
|
11,300
|
Private Colleges and Universities Authority, Emory University Series 2013A, Rev.,
5.00%, 10/1/2043
|
2,005
|
1,956
|
Total Georgia
|
|
85,151
|
Idaho — 0.4%
|
||
Idaho Housing and Finance Association, Federal Highway Trust
|
|
|
Series 2015A, Rev., 5.00%, 7/15/2025
|
2,550
|
2,590
|
Series 2015A, Rev., 5.00%, 7/15/2026
|
4,800
|
4,946
|
Total Idaho
|
|
7,536
|
Illinois — 9.0%
|
||
Chicago Midway International Airport, Senior Lien
|
|
|
Series 2023A, Rev., AMT, 5.00%, 1/1/2029
|
3,315
|
3,469
|
Series 2023A, Rev., AMT, 5.00%, 1/1/2030
|
1,455
|
1,535
|
Series 2023A, Rev., AMT, 5.75%, 1/1/2048
|
1,000
|
1,095
|
City of Chicago, Waterworks, Second Lien
|
|
|
Rev., 5.00%, 11/1/2027
|
1,000
|
1,002
|
Series 2023B, Rev., AGM, 5.00%, 11/1/2039
|
3,160
|
3,423
|
City of Springfield, Electric System, Senior Lien Rev., AGM, 3.50%, 3/1/2030
|
3,500
|
3,397
|
Cook County Community Consolidated School District No. 15 Palatine GO, 4.00%, 12/1/2041
|
750
|
736
|
County of Cook, Sales Tax Rev., 5.00%, 11/15/2031
|
3,600
|
3,753
|
DuPage & Cook Counties, Community Unit School District No. 205 Elmhurst Series 2022,
GO, 4.00%, 9/15/2042
|
1,060
|
1,036
|
Illinois Finance Authority, Smith Crossing
|
|
|
Rev., 4.00%, 10/15/2026
|
465
|
450
|
Rev., 4.00%, 10/15/2027
|
485
|
466
|
Rev., 4.00%, 10/15/2028
|
320
|
306
|
Rev., 4.00%, 10/15/2029
|
900
|
855
|
Rev., 4.00%, 10/15/2030
|
625
|
590
|
Illinois Finance Authority, University Of Chicago Series 2024 A, Rev., 5.00%, 4/1/2031
|
7,100
|
7,823
|
Park Ridge Park District Series 2023B, GO, 4.00%, 12/1/2042
|
1,030
|
1,002
|
Sales Tax Securitization Corp.
|
|
|
Series 2018C, Rev., 5.50%, 1/1/2030
|
18,250
|
19,747
|
Series 2018C, Rev., 5.50%, 1/1/2031
|
3,540
|
3,818
|
Series 2018C, Rev., 5.50%, 1/1/2032
|
22,820
|
24,593
|
Series 2018C, Rev., 5.25%, 1/1/2034
|
13,520
|
14,421
|
Series 2018C, Rev., 5.25%, 1/1/2035
|
9,000
|
9,572
|
State of Illinois
|
|
|
Series 2017D, GO, 5.00%, 11/1/2024
|
15,715
|
15,782
|
GO, 5.00%, 2/1/2026
|
4,900
|
4,991
|
Series 2017D, GO, 5.00%, 11/1/2026
|
5,175
|
5,316
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
Illinois — continued
|
||
Series 2022B, GO, 5.00%, 10/1/2032
|
18,000
|
19,659
|
Series 2022A, GO, 5.00%, 3/1/2034
|
5,765
|
6,263
|
Series 2022A, GO, 5.00%, 3/1/2035
|
12,000
|
13,018
|
Series 2024B, GO, 5.00%, 5/1/2041
|
3,945
|
4,241
|
Series 2019C, GO, 4.00%, 11/1/2042
|
5,880
|
5,532
|
Series 2023B, GO, 5.50%, 5/1/2047
|
1,125
|
1,210
|
State of Illinois, Sales Tax Series 2016D, Rev., 5.00%, 6/15/2024
|
40
|
40
|
Village of Bolingbrook, Will and Dupage Counties, Special Service Areas Numbers 2001-1,
2001-2, 2001-3, and 2002-1 Rev.,
AGM, 4.00%, 3/1/2028
|
995
|
1,001
|
Will County Community Unit School District No. 365-U Valley View GO, 3.00%, 7/1/2036
|
1,700
|
1,499
|
Total Illinois
|
|
181,641
|
Indiana — 1.6%
|
||
City of Goshen, Multi-Family, Green Oaks of Goshen Project Series 2021A, Rev., 5.00%,
8/1/2041 (c)
|
750
|
611
|
City of Jeffersonville, Vivera Senior Living of Jeffersonville Project Series 2020A,
Rev., 5.25%, 11/1/2040 (c)
|
4,560
|
3,659
|
City of Rockport, Indiana Michigan Power Co. Project Series 2009A, Rev., 3.05%, 6/1/2025
|
11,600
|
11,452
|
City of Valparaiso Rev., 5.38%, 12/1/2041 (c)
|
1,550
|
1,216
|
Indiana Finance Authority, CHF- Tippecanoe LLC- Student Housing Project
|
|
|
Series 2023A, Rev., 5.00%, 6/1/2038
|
400
|
414
|
Series 2023A, Rev., 5.00%, 6/1/2053
|
210
|
211
|
Indiana Finance Authority, DePauw University
|
|
|
Series 2022A, Rev., 5.00%, 7/1/2029
|
1,395
|
1,445
|
Series 2022A, Rev., 5.00%, 7/1/2030
|
1,400
|
1,458
|
Series 2022A, Rev., 5.00%, 7/1/2031
|
1,530
|
1,600
|
Indiana Finance Authority, Goshen Health
|
|
|
Series 2019A, Rev., 4.00%, 11/1/2036
|
230
|
216
|
Series 2019A, Rev., 4.00%, 11/1/2037
|
335
|
314
|
Series 2019A, Rev., 4.00%, 11/1/2038
|
340
|
316
|
Series 2019A, Rev., 4.00%, 11/1/2039
|
355
|
328
|
Indiana Housing and Community Development Authority, Vita of Marion Project Series
2021A, Rev., 5.25%, 4/1/2041 (c)
|
1,875
|
1,507
|
Indiana Housing and Community Development Authority, Vita of New Whiteland Project
Rev., 6.75%, 1/1/2043
|
5,000
|
4,994
|
Whitley County Multi School Building Corp., Ad Valorem Property Tax Rev., 5.00%, 7/15/2038
|
3,200
|
3,381
|
Total Indiana
|
|
33,122
|
Iowa — 0.0% ^
|
||
Iowa Finance Authority, Senior Living Facility, Sunrise Retirement Community Project
|
|
|
Rev., 4.00%, 9/1/2025
|
115
|
112
|
Rev., 5.00%, 9/1/2026
|
85
|
83
|
Rev., 5.00%, 9/1/2028
|
200
|
191
|
Rev., 5.00%, 9/1/2030
|
110
|
102
|
Rev., 5.00%, 9/1/2031
|
100
|
92
|
Rev., 5.00%, 9/1/2036
|
440
|
384
|
Total Iowa
|
|
964
|
Kansas — 0.2%
|
||
City of Topeka, Kansas Health Care Facilities
|
|
|
Series 2022B, Rev., 5.13%, 12/1/2026
|
175
|
175
|
Series 2022A, Rev., 5.75%, 12/1/2033
|
475
|
479
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
Kansas — continued
|
||
Johnson and Miami Counties Unified School District No. 230 Spring Hills Series 2018A,
GO, 4.00%, 9/1/2033
|
2,965
|
2,987
|
Wyandotte County Unified School District No. 203 Piper Series 2018A, GO, 5.00%, 9/1/2039
|
1,240
|
1,294
|
Total Kansas
|
|
4,935
|
Kentucky — 2.2%
|
||
County of Boone, Duke Energy Kentucky, Inc. Series 2008A, Rev., 3.70%, 8/1/2027
|
5,220
|
5,121
|
County of Carroll, Kentucky Environmental Facilities
|
|
|
Series 2008A, Rev., AMT, 2.00%, 2/1/2032
|
11,025
|
8,686
|
Series 2006B, Rev., AMT, 2.13%, 10/1/2034
|
7,440
|
5,579
|
County of Knott, Solid Waste Water Project Series 2024, Rev., AMT, 4.00%, 4/1/2025 (b) (c)
|
15,000
|
14,959
|
Kentucky Economic Development Finance Authority, Baptist Healthcare System Obligated
Group Series 2017B, Rev., 5.00%,
8/15/2028
|
2,885
|
2,979
|
Kentucky Economic Development Finance Authority, CommonSpirit Health Obligated Group
|
|
|
Series 2019A-1, Rev., 5.00%, 8/1/2031
|
1,250
|
1,322
|
Series 2019A-1, Rev., 5.00%, 8/1/2032
|
1,000
|
1,059
|
Kentucky Economic Development Finance Authority, Owensboro Health, Inc.
|
|
|
Series 2017A, Rev., AGM, 4.00%, 6/1/2037
|
1,750
|
1,711
|
Series 2017A, Rev., 5.00%, 6/1/2037
|
2,795
|
2,827
|
Total Kentucky
|
|
44,243
|
Louisiana — 0.1%
|
||
Louisiana Public Facilities Authority, Mentorship Steam Academy Project
|
|
|
Series 2021A, Rev., 5.00%, 6/1/2036 (c)
|
385
|
347
|
Series 2021A, Rev., 5.00%, 6/1/2042 (c)
|
440
|
378
|
Series 2021A, Rev., 5.00%, 6/1/2051 (c)
|
705
|
575
|
Louisiana State University and Agricultural and Mechanical College, Auxiliary Facilities
System Rev., 3.75%, 7/1/2024 (d)
|
75
|
75
|
Total Louisiana
|
|
1,375
|
Maryland — 2.1%
|
||
City of Baltimore, Consolidated Public Improvement Series 2017B, GO, 5.00%, 10/15/2027
|
2,000
|
2,107
|
City of Baltimore, Wastewater Projects Series 2017A, Rev., 5.00%, 7/1/2041
|
13,845
|
14,206
|
Maryland Health and Higher Educational Facilities Authority, Lifebridge Health Issue
|
|
|
Rev., 4.00%, 7/1/2035
|
1,000
|
1,000
|
Rev., 4.00%, 7/1/2036
|
1,000
|
998
|
Maryland Health and Higher Educational Facilities Authority, Medstar Health Issue
Series 2017A, Rev., 5.00%, 5/15/2045
|
1,205
|
1,220
|
Washington Suburban Sanitary Commission
|
|
|
Rev., GTD, 4.00%, 6/1/2045
|
13,035
|
12,611
|
Rev., GTD, 4.00%, 6/1/2048
|
10,870
|
10,522
|
Total Maryland
|
|
42,664
|
Massachusetts — 1.8%
|
||
City of Lawrence, State Qualified Municipal Purpose Loan of 2022 Bonds GO, 4.00%,
6/1/2036
|
1,215
|
1,259
|
Commonwealth of Massachusetts, Consolidated Loan Series E, GO, AMBAC, 5.00%, 11/1/2025
|
5,000
|
5,113
|
Commonwealth of Massachusetts, Consolidated Loan of 2016 Series 2016J, GO, 4.00%,
12/1/2039
|
13,125
|
12,849
|
Massachusetts Bay Transportation Authority Assessment Series 2006A, Rev., 5.25%, 7/1/2025
|
2,250
|
2,293
|
Massachusetts Bay Transportation Authority, Sales Tax Series 2006A, Rev., 5.25%, 7/1/2029
|
5,000
|
5,493
|
Massachusetts Development Finance Agency, Boston Medical Center Issue Series 2023G,
Rev., 4.38%, 7/1/2052
|
1,200
|
1,129
|
Massachusetts Development Finance Agency, Salem Community Corp. Rev., 5.13%, 1/1/2040
|
410
|
392
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
Massachusetts — continued
|
||
Massachusetts Health and Educational Facilities Authority, Massachusetts Institute
of Technology Series M, Rev., 5.25%,
7/1/2025
|
4,070
|
4,151
|
Massachusetts Water Resources Authority Series B, Rev., AGM, 5.25%, 8/1/2024
|
3,110
|
3,118
|
Total Massachusetts
|
|
35,797
|
Michigan — 1.1%
|
||
City of Detroit, Unlimited Tax Series 2021A, GO, 5.00%, 4/1/2037
|
475
|
491
|
Grand Rapids Public Schools, Unlimited Tax GO, AGM, 5.00%, 11/1/2037
|
1,750
|
1,846
|
Michigan Finance Authority, Henry Ford Health System Rev., 4.00%, 11/15/2036
|
1,900
|
1,799
|
Michigan Finance Authority, Trinity Health Credit Group
|
|
|
Series 2016MI, Rev., 5.00%, 12/1/2035
|
4,600
|
4,693
|
Series 2013MI-4, Rev., 4.00%, 12/1/2038
|
1,000
|
982
|
Michigan Strategic Fund, Graphic Packaging International, LLC Coated Recycled Board
Machine Project Rev., AMT, 4.00%,
10/1/2026 (b)
|
1,125
|
1,121
|
State of Michigan Trunk Line Series 2020B, Rev., 4.00%, 11/15/2039
|
5,280
|
5,318
|
State of Michigan, Environmental Program Series 2014A, GO, 5.00%, 12/1/2028
|
4,300
|
4,325
|
West Ottawa Public Schools, Unlimited Tax GO, AGM, 4.00%, 11/1/2039
|
1,055
|
1,054
|
Total Michigan
|
|
21,629
|
Minnesota — 0.4%
|
||
City of Minneapolis, Health Care System, Fairview Health Services
|
|
|
Series 2018A, Rev., 4.00%, 11/15/2037
|
6,230
|
5,771
|
Series 2018A, Rev., 4.00%, 11/15/2038
|
750
|
687
|
Series 2018A, Rev., 5.00%, 11/15/2049
|
1,000
|
1,007
|
Total Minnesota
|
|
7,465
|
Mississippi — 2.0%
|
||
State of Mississippi
|
|
|
Series 2018A, GO, 4.00%, 11/1/2026 (d)
|
5,030
|
5,110
|
Series 2018A, GO, 5.00%, 11/1/2026 (d)
|
11,595
|
12,045
|
Series 2018A, GO, 4.00%, 11/1/2038
|
21,155
|
20,729
|
State of Mississippi, Gaming Tax Series 2019A, Rev., 5.00%, 10/15/2025
|
2,250
|
2,280
|
Total Mississippi
|
|
40,164
|
Missouri — 0.7%
|
||
Health and Educational Facilities Authority of the State of Missouri, Lutheran Senior
Services Projects
|
|
|
Series 2019C, Rev., 4.00%, 2/1/2030
|
1,500
|
1,460
|
Series 2016B, Rev., 5.00%, 2/1/2035
|
1,000
|
1,003
|
Series 2019A, Rev., 5.00%, 2/1/2042
|
1,000
|
986
|
Health and Educational Facilities Authority of the State of Missouri, Wright Memorial
Hospital
|
|
|
Rev., 5.00%, 9/1/2024
|
300
|
300
|
Rev., 5.00%, 9/1/2028
|
1,355
|
1,352
|
Rev., 5.00%, 9/1/2031
|
100
|
99
|
Kansas City Industrial Development Authority, Airport Terminal Modernization Project
Series 2019 B, Rev., AMT, 5.00%,
3/1/2039
|
4,710
|
4,860
|
Kansas City Industrial Development Authority, City International Airport Terminal
Modernization Project Series 2019B, Rev.,
AMT, 5.00%, 3/1/2034
|
1,800
|
1,878
|
Metropolitan St. Louis Sewer District, Wastewater System Improvement Series 2015B,
Rev., 5.00%, 5/1/2035
|
2,125
|
2,146
|
Total Missouri
|
|
14,084
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
Montana — 0.1%
|
||
County of Gallatin, Bozeman Fiber Project Series 2021A, Rev., 4.00%, 10/15/2032 (c)
|
2,000
|
1,787
|
Nebraska — 0.6%
|
||
Douglas County School District No. 001, Omaha Public GO, 4.00%, 12/15/2041
|
10,000
|
9,953
|
Nebraska Educational Health Cultural and Social Services Finance Authority, Immanuel
Retirement Communities Obligated
Group
|
|
|
Series 2019A, Rev., 4.00%, 1/1/2034
|
1,000
|
1,002
|
Series 2019A, Rev., 4.00%, 1/1/2036
|
1,250
|
1,246
|
Series 2019A, Rev., 4.00%, 1/1/2037
|
1,000
|
988
|
Total Nebraska
|
|
13,189
|
Nevada — 1.0%
|
||
Clark County School District, Limited Tax Series 2020A, GO, AGM, 4.00%, 6/15/2039
|
1,215
|
1,194
|
Clark County Water Reclamation District
|
|
|
Series 2023, GO, 5.00%, 7/1/2040
|
11,105
|
12,235
|
Series 2023, GO, 5.00%, 7/1/2041
|
5,000
|
5,467
|
Nye County School District Series 2023, GO, PSF-GTD, 5.00%, 5/1/2035
|
1,360
|
1,528
|
Total Nevada
|
|
20,424
|
New Hampshire — 0.2%
|
||
New Hampshire Business Finance Authority, University of Nevada Reno Project Series
2023A, Rev., 5.25%, 6/1/2051
|
4,000
|
4,260
|
New Jersey — 3.0%
|
||
New Jersey Economic Development Authority, School Facilities Construction
|
|
|
Series 2019LLL, Rev., 5.00%, 6/15/2034
|
1,000
|
1,070
|
Series 2018EEE, Rev., 5.00%, 6/15/2043
|
1,255
|
1,293
|
New Jersey Economic Development Authority, Transit Transportation Project Series 2020A,
Rev., 4.00%, 11/1/2038
|
3,250
|
3,223
|
New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement
|
|
|
Series 2018A, Rev., 5.00%, 6/15/2030
|
9,585
|
9,784
|
Series A, Rev., 5.00%, 6/15/2031
|
11,500
|
11,726
|
New Jersey Transportation Trust Fund Authority, Transportation Program
|
|
|
Series 2019BB, Rev., 5.00%, 6/15/2032
|
2,000
|
2,104
|
Series 2020AA, Rev., 4.00%, 6/15/2036
|
2,750
|
2,766
|
Series 2022A, Rev., 4.00%, 6/15/2042
|
3,000
|
2,896
|
Tobacco Settlement Financing Corp.
|
|
|
Series 2018A, Rev., 5.00%, 6/1/2024
|
7,645
|
7,645
|
Series 2018A, Rev., 5.00%, 6/1/2026
|
6,300
|
6,441
|
Series 2018 A, Rev., 5.00%, 6/1/2027
|
8,005
|
8,307
|
Series 2018A, Rev., 4.00%, 6/1/2037
|
1,000
|
991
|
Township of North Brunswick, General Improvement GO, 4.00%, 7/1/2039
|
1,540
|
1,550
|
Total New Jersey
|
|
59,796
|
New Mexico — 0.1%
|
||
Albuquerque Municipal School District No. 12, School Building GO, 5.00%, 8/1/2035
|
1,980
|
2,084
|
County of Bernalillo Series 1996B, Rev., NATL - RE-IBC, 5.70%, 4/1/2027
|
510
|
530
|
Total New Mexico
|
|
2,614
|
New York — 17.6%
|
||
Build NYC Resource Corp., Grand Concourse Academy Charter School
|
|
|
Series 2022A, Rev., 5.00%, 7/1/2042
|
300
|
303
|
Series 2022A, Rev., 5.00%, 7/1/2052
|
350
|
346
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
New York — continued
|
||
City of New York, Fiscal Year 2018 Series 2018B-1, GO, 4.00%, 10/1/2041
|
6,450
|
6,206
|
City of New York, Fiscal Year 2024 Series 2024A, GO, 4.13%, 8/1/2053
|
2,000
|
1,911
|
Long Island Power Authority, Electric System
|
|
|
Series 2018, Rev., 5.00%, 9/1/2034
|
5,000
|
5,340
|
Series 2018, Rev., 5.00%, 9/1/2035
|
3,000
|
3,202
|
Metropolitan Transportation Authority Series 2017C-1, Rev., 5.00%, 11/15/2030
|
4,885
|
5,125
|
Monroe County Industrial Development Corp., Academy of Health Sciences Charter School
Project
|
|
|
Series 2022A, Rev., 5.00%, 7/1/2032 (c)
|
250
|
252
|
Series 2022A, Rev., 5.63%, 7/1/2042 (c)
|
1,385
|
1,394
|
New York City Municipal Water Finance Authority, Water and Sewer System, Second General
Resolution, Fiscal Year 2017
Series 2017EE, Rev., 5.00%, 6/15/2036
|
5,000
|
5,199
|
New York City Municipal Water Finance Authority, Water and Sewer System, Second General
Resolution, Fiscal Year 2020
|
|
|
Series 2020CC-1, Rev., 4.00%, 6/15/2038
|
14,705
|
14,819
|
Series 2020CC-2, Rev., 4.00%, 6/15/2042
|
5,000
|
4,938
|
New York City Municipal Water Finance Authority, Water and Sewer System, Second General
Resolution, Fiscal Year 2022
Series 2022, Subseries BB-1, Rev., 4.00%, 6/15/2045
|
17,000
|
16,546
|
New York City Transitional Finance Authority, Building Aid, Fiscal Year 2019 Series
2019 S-2A, Rev., 4.00%, 7/15/2037
|
5,000
|
5,021
|
New York City Transitional Finance Authority, Future Tax Secured Series C, Rev., 5.00%,
11/1/2033
|
6,500
|
6,715
|
New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2017
|
|
|
Series 2017 E1, Rev., 5.00%, 2/1/2035
|
3,000
|
3,089
|
Series B, Rev., 5.00%, 8/1/2036
|
6,445
|
6,598
|
New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2019
Series 2019 A-1, Rev., 5.00%, 8/1/2040
|
2,100
|
2,189
|
New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2020
Series 2020B-1, Rev., 4.00%, 11/1/2038
|
3,770
|
3,781
|
New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2021
Series 2021-A, Rev., 4.00%, 11/1/2038
|
10,575
|
10,601
|
New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2022
Series 2022C, Subseries C-1, Rev., 4.00%,
2/1/2047
|
7,750
|
7,402
|
New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2024
|
|
|
Series 2024F, Subseries F-1, Rev., 5.25%, 2/1/2053
|
1,000
|
1,086
|
Series 2024F, Subseries F-1, Rev., 4.25%, 2/1/2054
|
2,000
|
1,917
|
New York Convention Center Development Corp., Subordinate Lien, Hotel Unit Fee Secured
|
|
|
Series B, Rev., Zero Coupon, 11/15/2032
|
2,000
|
1,369
|
Series B, Rev., Zero Coupon, 11/15/2033
|
2,150
|
1,401
|
Series B, Rev., AGM-CR, Zero Coupon, 11/15/2049
|
9,315
|
2,557
|
New York Liberty Development Corp., Secured by Port Authority
|
|
|
Series 1WTC-2021, Rev., AGM-CR, 3.00%, 2/15/2042
|
3,345
|
2,714
|
Series 1WTC-2021, Rev., 2.75%, 2/15/2044
|
2,000
|
1,456
|
New York Liberty Development Corp., World Trade Centre Series 1WTC-2021, Rev., 2.25%,
2/15/2041
|
4,500
|
3,137
|
New York Power Authority, Green Transmission Project
|
|
|
Series 2023 A, Rev., AGM, 5.00%, 11/15/2053
|
3,000
|
3,223
|
Series 2023 A, Rev., AGM, 5.13%, 11/15/2058
|
3,250
|
3,511
|
New York State Dormitory Authority
|
|
|
Series 2024A, Rev., AGM, 5.00%, 10/1/2038 (e)
|
2,000
|
2,202
|
Series 2024A, Rev., AGM, 5.00%, 10/1/2039 (e)
|
1,000
|
1,095
|
Series 2024A, Rev., 5.50%, 7/1/2054
|
7,200
|
8,082
|
New York State Dormitory Authority, New York University Series 2016A, Rev., 4.00%,
7/1/2043
|
3,500
|
3,380
|
New York State Dormitory Authority, Personal Income Tax Series 2019D, Rev., 4.00%,
2/15/2047
|
1,500
|
1,419
|
New York State Dormitory Authority, State Personal Income Tax, General Purpose
|
|
|
Series 2014C, Rev., 5.00%, 6/14/2024
|
20,000
|
20,007
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
New York — continued
|
||
Series 2021 E, Rev., 4.00%, 3/15/2042
|
7,000
|
6,827
|
Series 2020A, Rev., 4.00%, 3/15/2047
|
18,070
|
17,088
|
New York State Dormitory Authority, State Sales Tax
|
|
|
Series 2018C, Rev., 5.00%, 3/15/2036
|
8,020
|
8,439
|
Series 2018E, Rev., 5.00%, 3/15/2038
|
2,000
|
2,106
|
Series 2015B, Rev., 5.00%, 3/15/2039
|
2,505
|
2,524
|
New York State Environmental Facilities Corp., State Clean Water and Drinking Water
Revolving Funds, Municipal Water Finance
Authority Projects - Second Resolution Series 2021A, Rev., 4.00%, 6/15/2038
|
7,515
|
7,606
|
New York State Environmental Facilities Corp., State Revolving Funds, Master Financing
Program Series 2014B, Rev., 5.00%,
5/15/2027
|
3,130
|
3,133
|
New York State Thruway Authority Series O, Rev., 4.00%, 1/1/2043
|
3,900
|
3,804
|
New York State Thruway Authority, Personal Income Tax Series 2022 A, Rev., 5.00%,
3/15/2042
|
12,000
|
12,991
|
New York State Urban Development Corp., State Sales Tax
|
|
|
Series 2019A, Rev., 5.00%, 3/15/2039
|
13,555
|
14,457
|
Series 2019 A, Rev., 4.00%, 3/15/2042
|
10,080
|
9,967
|
New York Transportation Development Corp., Delta Air Lines, Inc., LaGuardia Airport
Terminals C&D Redevelopment Project
|
|
|
Series 2018, Rev., AMT, 5.00%, 1/1/2025
|
5,000
|
5,039
|
Rev., AMT, 5.00%, 1/1/2029
|
1,400
|
1,445
|
Series 2018, Rev., AMT, 5.00%, 1/1/2031
|
3,500
|
3,609
|
Rev., AMT, 5.00%, 1/1/2034
|
9,885
|
10,191
|
Rev., AMT, 5.00%, 10/1/2035
|
3,920
|
4,153
|
Rev., AMT, 5.00%, 10/1/2040
|
5,350
|
5,541
|
Rev., AMT, 4.38%, 10/1/2045
|
1,690
|
1,640
|
New York Transportation Development Corp., JFK International Airport New Terminal
One Project
|
|
|
Series 2023, Rev., AMT, AGM, 5.50%, 6/30/2042
|
1,750
|
1,880
|
Series 2023, Rev., AMT, AGM, 5.50%, 6/30/2043
|
2,250
|
2,410
|
Series 2023, Rev., AMT, AGM, 5.50%, 6/30/2044
|
2,250
|
2,404
|
Series 2023, Rev., AMT, AGM, 5.00%, 6/30/2049
|
1,500
|
1,540
|
Port Authority of New York and New Jersey, Consolidated
|
|
|
Series 223, Rev., AMT, 4.00%, 7/15/2039
|
2,975
|
2,862
|
Series 93, Rev., 6.13%, 6/1/2094
|
12,000
|
12,009
|
Triborough Bridge and Tunnel Authority
|
|
|
Series 2018D, Rev., 4.00%, 11/15/2038
|
4,000
|
4,016
|
Series 2024B, Subseries B-1, Rev., 5.25%, 5/15/2054
|
2,500
|
2,726
|
Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels Series 2012B, Rev.,
Zero Coupon, 11/15/2032
|
8,860
|
6,243
|
Utility Debt Securitization Authority Rev., 5.00%, 12/15/2037
|
5,250
|
5,332
|
Westchester County Local Development Corp., Purchase Senior Learning Community, Inc.
Project Series 2021C-EFRB, Rev.,
3.20%, 7/1/2024 (c)
|
12,450
|
12,155
|
Westchester County Local Development Corp., Purchase Senior Learning Community, Inc.,
Project Series 2021A, Rev., 5.00%,
7/1/2041 (c)
|
10,450
|
10,308
|
Westchester County Local Development Corp., The Bethel Methodist Home D/B/A, The Knolls
Project Series 2020A, Rev.,
5.00%, 7/1/2040
|
1,000
|
840
|
Total New York
|
|
354,818
|
North Carolina — 1.1%
|
||
County of Buncombe
|
|
|
Series 2024B, Rev., 5.00%, 6/1/2041 (e)
|
1,250
|
1,383
|
Series 2024B, Rev., 5.00%, 6/1/2042 (e)
|
1,500
|
1,652
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
North Carolina — continued
|
||
County of Wake Series 2023B, Rev., 5.00%, 4/1/2038
|
1,865
|
2,081
|
State of North Carolina Rev., 5.00%, 3/1/2033
|
15,345
|
16,430
|
Total North Carolina
|
|
21,546
|
Ohio — 2.5%
|
||
Buckeye Tobacco Settlement Financing Authority
|
|
|
Series 2020A-2, Rev., 4.00%, 6/1/2038
|
4,000
|
3,881
|
Series 2020B-2, Rev., 5.00%, 6/1/2055
|
6,500
|
5,816
|
Jefferson County Port Authority, JSW Steel USA Ohio, Inc., Project Series 2023, Rev.,
5.00%, 12/1/2028 (b) (c)
|
9,105
|
9,201
|
Ohio Water Development Authority, Water Pollution Control Loan Fund Series 2019A,
Rev., 5.00%, 6/1/2029
|
16,390
|
17,633
|
Port of Greater Cincinnati Development Authority, Duke Energy Convention Center Project
|
|
|
Series 2024B, Rev., 5.00%, 12/1/2041
|
875
|
932
|
Series 2024B, Rev., 5.00%, 12/1/2042
|
1,000
|
1,062
|
Series 2024B, Rev., 5.00%, 12/1/2044
|
900
|
950
|
State of Ohio
|
|
|
Series 2021E, Rev., 4.00%, 1/15/2038
|
1,700
|
1,668
|
Series 2024 A, Rev., 5.25%, 8/15/2048 (e)
|
1,000
|
1,082
|
University of Cincinnati Series 2024A, Rev., 5.25%, 6/1/2049 (e)
|
8,500
|
9,193
|
Total Ohio
|
|
51,418
|
Oklahoma — 0.2%
|
||
Oklahoma Capitol Improvement Authority Series 2014C, Rev., 5.00%, 7/1/2024
|
25
|
25
|
Oklahoma Development Finance Authority, Health System, OU Medicine Project Series
2018B, Rev., 5.00%, 8/15/2025
|
800
|
795
|
Oklahoma Turnpike Authority, Turnpike System, Second Senior Series 2017A, Rev., 5.00%,
1/1/2038
|
2,000
|
2,032
|
University of Oklahoma (The) Series 2024A, Rev., 5.00%, 7/1/2043
|
2,000
|
2,177
|
Total Oklahoma
|
|
5,029
|
Oregon — 0.1%
|
||
Multnomah County School District No. 40
|
|
|
Series A, GO, Zero Coupon, 6/15/2034
|
1,250
|
841
|
Series A, GO, Zero Coupon, 6/15/2036
|
1,000
|
609
|
Union County Hospital Facility Authority, Grande Ronde Hospital, Inc. Series 2022,
Rev., 5.00%, 7/1/2047
|
1,000
|
959
|
Washington and Multnomah Counties School District No. 48J Beaverton Series B, GO,
5.00%, 6/15/2024 (d)
|
105
|
105
|
Yamhill County Hospital Authority, Friendsview, Tax Exempt Series 2021A, Rev., 5.00%,
11/15/2051
|
550
|
432
|
Total Oregon
|
|
2,946
|
Pennsylvania — 3.4%
|
||
Allegheny County Airport Authority, Pittsburgh International Airport Series 2023A,
Rev., AMT, AGM, 5.50%, 1/1/2053
|
1,000
|
1,070
|
Allegheny County Hospital Development Authority, Allegheny Health Network Obligated
Group
|
|
|
Series 2018A, Rev., 5.00%, 4/1/2028
|
7,000
|
7,261
|
Series 2018A, Rev., 5.00%, 4/1/2030
|
5,000
|
5,200
|
Series 2018A, Rev., 5.00%, 4/1/2031
|
3,800
|
3,930
|
Commonwealth Financing Authority, Tobacco Master Settlement Payment
|
|
|
Rev., 5.00%, 6/1/2025
|
1,875
|
1,894
|
Rev., 5.00%, 6/1/2026
|
1,120
|
1,143
|
Rev., 5.00%, 6/1/2028
|
2,620
|
2,731
|
Rev., 5.00%, 6/1/2029
|
1,120
|
1,170
|
County of Delaware Series 2024, GO, 5.00%, 8/1/2042 (e)
|
1,475
|
1,586
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
Pennsylvania — continued
|
||
DuBois Hospital Authority, Penn Highlands Healthcare
|
|
|
Series 2018, Rev., 5.00%, 7/15/2029
|
1,700
|
1,740
|
Series 2018, Rev., 5.00%, 7/15/2030
|
2,000
|
2,044
|
Series 2018, Rev., 5.00%, 7/15/2031
|
1,450
|
1,482
|
Series 2018, Rev., 5.00%, 7/15/2032
|
1,525
|
1,559
|
Series 2018, Rev., 5.00%, 7/15/2034
|
1,675
|
1,709
|
Erie City Water Authority Series 2019B, Rev., AGM, 5.00%, 12/1/2032
|
1,235
|
1,332
|
Lancaster County Hospital Authority, Health Center, Masonic Villages Project Series
2015, Rev., 5.00%, 11/1/2028
|
1,215
|
1,220
|
Montgomery County Higher Education and Health Authority, Thomas Jefferson University
Series 2018A, Rev., 4.00%,
9/1/2038
|
2,950
|
2,843
|
Montgomery County Industrial Development Authority, Acts Retirement-Life Communities,
Inc., Obligated Group Series 2020C,
Rev., 4.00%, 11/15/2043
|
300
|
276
|
Montgomery County Industrial Development Authority, Constellation Energy Generation
Series 2023A, Rev., 4.10%,
4/3/2028 (b)
|
12,050
|
12,184
|
Montgomery County Industrial Development Authority, Waverly Heights Ltd., Project
|
|
|
Rev., 4.00%, 12/1/2030
|
300
|
293
|
Rev., 4.00%, 12/1/2031
|
300
|
292
|
Rev., 4.00%, 12/1/2033
|
400
|
386
|
Pennsylvania Economic Development Financing Authority, The Penndot Major Bridges Rev.,
AMT, AGM, 5.00%, 12/31/2057
|
5,645
|
5,779
|
Pennsylvania Turnpike Commission, Subordinate
|
|
|
Series 2021B, Rev., 4.00%, 12/1/2038
|
1,500
|
1,507
|
Series 2021B, Rev., 4.00%, 12/1/2039
|
2,250
|
2,217
|
Series 2023, Rev., 5.00%, 12/1/2040
|
1,000
|
1,080
|
Philadelphia Authority for Industrial Development, Holy Family University Project
Series 2023, Rev., 5.50%, 9/1/2037
|
2,135
|
2,316
|
School District of the City of Erie (The), Limited Tax Series 2019A, GO, AGM, 4.00%,
4/1/2033
|
1,150
|
1,161
|
Wilkes-Barre Area School District GO, 3.75%, 4/15/2044
|
1,500
|
1,334
|
Total Pennsylvania
|
|
68,739
|
Puerto Rico — 0.8%
|
||
Puerto Rico Public Finance Corp. Series 2001E, Rev., AGC-ICC, AGM-CR, 6.00%, 8/1/2026 (d)
|
10,000
|
10,466
|
Puerto Rico Sales Tax Financing Corp. Sales Tax Series A-1, Rev., 4.75%, 7/1/2053
|
6,000
|
5,935
|
Total Puerto Rico
|
|
16,401
|
Rhode Island — 0.2%
|
||
Rhode Island Health and Educational Building Corp., Bryant University Issue
|
|
|
Series 2024, Rev., 5.00%, 6/1/2039
|
1,845
|
2,008
|
Series 2024, Rev., 5.00%, 6/1/2041
|
1,040
|
1,119
|
Total Rhode Island
|
|
3,127
|
South Carolina — 0.1%
|
||
South Carolina Jobs-Economic Development Authority, Novant Health Obligated Group
Series 2024 A, Rev., 5.50%,
11/1/2054
|
1,000
|
1,086
|
Tennessee — 7.4%
|
||
Knox County Health Educational and Housing Facility Board, East Tennessee Children's
Hospital Rev., 4.00%, 11/15/2043
|
6,145
|
5,689
|
Metropolitan Government Nashville and Davidson County, Health and Educational Facilities
Board, Belmont University Series
2023, Rev., 5.00%, 5/1/2036
|
500
|
545
|
Metropolitan Government of Nashville and Davidson County
|
|
|
GO, 5.00%, 7/1/2031
|
10,000
|
10,634
|
GO, 4.00%, 7/1/2036
|
24,290
|
24,403
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
Tennessee — continued
|
||
GO, 4.00%, 7/1/2037
|
16,205
|
16,235
|
Metropolitan Nashville Airport Authority (The)
|
|
|
Series 2022B, Rev., AMT, 5.50%, 7/1/2037
|
1,500
|
1,669
|
Series 2022B, Rev., AMT, 5.50%, 7/1/2039
|
2,300
|
2,534
|
Series 2022B, Rev., AMT, 5.50%, 7/1/2040
|
2,000
|
2,192
|
Series 2022B, Rev., AMT, 5.50%, 7/1/2041
|
1,875
|
2,048
|
Series 2022B, Rev., AMT, 5.50%, 7/1/2042
|
2,000
|
2,178
|
Series 2022B, Rev., AMT, 5.25%, 7/1/2047
|
9,470
|
9,992
|
Metropolitan Nashville Airport Authority (The), Subordinate Airport
|
|
|
Series 2019A, Rev., 5.00%, 7/1/2049
|
1,680
|
1,746
|
Series 2019B, Rev., AMT, 5.00%, 7/1/2054
|
5,000
|
5,093
|
Shelby County Health Educational and Housing Facilities Board, The Farms at Bailey
Station Project
|
|
|
Series 2019A, Rev., 5.75%, 10/1/2049
|
2,420
|
1,757
|
Series 2019A, Rev., 5.75%, 10/1/2054
|
4,280
|
3,016
|
Series 2019A, Rev., 5.75%, 10/1/2059
|
1,240
|
858
|
Tennergy Corp., Gas Supply Series 2021 A, Rev., 4.00%, 9/1/2028 (b)
|
10,300
|
10,209
|
Tennessee Energy Acquisition Corp., Gas Project
|
|
|
Series 2018, Rev., 4.00%, 11/1/2025 (b)
|
33,150
|
33,124
|
Series 2023A-1, Rev., 5.00%, 5/1/2028 (b)
|
14,065
|
14,529
|
Total Tennessee
|
|
148,451
|
Texas — 5.3%
|
||
Austin Independent School District, Unlimited Tax Series 2023, GO, 5.00%, 8/1/2040
|
3,000
|
3,290
|
Barbers Hill Independent School District, Unlimited Tax Series 2022, GO, PSF-GTD,
5.00%, 2/15/2042
|
4,525
|
4,862
|
Central Texas Regional Mobility Authority, Senior Lien
|
|
|
Series 2021B, Rev., 4.00%, 1/1/2040
|
1,000
|
979
|
Series 2021B, Rev., 4.00%, 1/1/2041
|
1,000
|
973
|
City of Dallas Housing Finance Corp., Rosemont at Ash Creek Apartments Series 2023,
Rev., FHA, 5.00%, 12/1/2025 (b)
|
1,375
|
1,390
|
City of Houston, Combined Utility System, Junior Lien Series 2002A, Rev., AGM, 5.75%,
12/1/2032 (d)
|
2,000
|
2,381
|
City of Mesquite, Combination tax GO, 4.13%, 2/15/2040
|
1,665
|
1,664
|
Clifton Higher Education Finance Corp., Idea Public Schools Series 2019, Rev., PSF-GTD,
4.00%, 8/15/2037
|
1,860
|
1,871
|
Clifton Higher Education Finance Corp., Yes Prep Public School, Inc. Series 2023,
Rev., PSF-GTD, 4.25%, 4/1/2048
|
1,520
|
1,473
|
Coastal Water Authority, City of Houston Projects Rev., 5.00%, 12/15/2025
|
5,115
|
5,119
|
County of Harris Toll Road, First Lien Series 2024 A, Rev., 5.00%, 8/15/2040 (e)
|
1,500
|
1,663
|
County of Harris, Unlimited Tax Series 2023A, GO, 4.25%, 9/15/2048
|
2,000
|
1,943
|
Dallas Area Rapid Transit, Sales Tax, Senior Lien Series 2016A, Rev., 5.00%, 12/1/2025 (d)
|
9,905
|
10,121
|
Denison Independent School District, Unlimited Tax Series 2023, GO, PSF-GTD, 4.00%,
8/1/2045
|
2,865
|
2,758
|
Hutto Independent School District, Unlimited Tax Series 2023, GO, PSF-GTD, 5.00%,
8/1/2053
|
3,000
|
3,172
|
Lamar Consolidated Independent School District, Unlimited Tax Series 2023 A, GO, PSF-GTD,
5.00%, 2/15/2053
|
5,000
|
5,291
|
New Hope Cultural Education Facilities Finance Corp., Morningside Ministries Project
Rev., 4.00%, 1/1/2037
|
525
|
425
|
North Texas Tollway Authority, First Tier Series 2020A, Rev., 4.00%, 1/2/2038
|
5,000
|
5,016
|
North Texas Tollway Authority, Second Tier Series B, Rev., 5.00%, 1/1/2030
|
1,100
|
1,118
|
Permanent University Fund - Texas A&M University System Series 2009A, Rev., 5.25%,
7/1/2028
|
2,015
|
2,053
|
Plano Independent School District, Unlimited Tax GO, 5.00%, 2/15/2041
|
3,900
|
4,212
|
San Antonio Education Facilities Corp., Trinity University Project Series 2024 A,
Rev., 5.00%, 6/1/2034
|
1,750
|
1,971
|
Tarrant County Cultural Education Facilities Finance Corp., Retirement Facility, MRC
Stevenson Oaks Project
|
|
|
Series 2020B-1, Rev., 4.00%, 11/15/2027
|
11,790
|
11,248
|
Series 2020A, Rev., 6.25%, 11/15/2031
|
500
|
484
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
Texas — continued
|
||
Series 2020A, Rev., 6.63%, 11/15/2041
|
2,545
|
2,389
|
Texas A&M University Series 2024A, Rev., 5.00%, 5/15/2040
|
11,000
|
12,174
|
Texas Municipal Gas Acquisition & Supply Corp. IV Series 2023B, Rev., 5.50%, 1/1/2034 (b)
|
5,000
|
5,513
|
Texas Water Development Board Series 2023 A, Rev., 5.00%, 10/15/2058
|
3,000
|
3,159
|
Texas Water Development Board, State Water Implementation Fund Series 2018 B, Rev.,
5.00%, 4/15/2030
|
7,000
|
7,449
|
Trinity River Authority of Texas, Livingston Regional Water Supply System Project
Series 2023, Rev., 5.00%, 8/1/2038
|
1,220
|
1,344
|
Total Texas
|
|
107,505
|
Utah — 2.0%
|
||
County of Utah, IHC Health Services, Inc. Series 2018C, Rev., VRDO, LIQ : TD Bank
NA, 2.00%, 6/1/2024 (b)
|
35,000
|
35,000
|
Mida Golf and Equestrian Center Public Infrastructure District, Limited Tax GO, 4.25%,
6/1/2041 (c)
|
1,105
|
845
|
Utah Infrastructure Agency, Clearfield City Project Rev., 4.00%, 10/15/2040
|
915
|
884
|
Utah Infrastructure Agency, Tax-Exempt Telecommunications
|
|
|
Series 2018A, Rev., 5.00%, 10/15/2025
|
1,450
|
1,453
|
Series 2018A, Rev., 5.00%, 10/15/2028
|
1,000
|
1,012
|
Rev., 4.00%, 10/15/2038
|
1,560
|
1,555
|
Total Utah
|
|
40,749
|
Virginia — 1.9%
|
||
Fairfax County Water Authority Series 2005B, Rev., 5.25%, 4/1/2025
|
3,500
|
3,550
|
Lynchburg Economic Development Authority, Centra Health Obligated Group Rev., 4.00%,
1/1/2037
|
1,590
|
1,572
|
Virginia College Building Authority, Educational Facilities, Washington & Lee University
Project Rev., NATL - RE, 5.25%,
1/1/2026
|
2,175
|
2,217
|
Virginia Public School Authority
|
|
|
Series 2023, Rev., 5.00%, 8/1/2041
|
4,880
|
5,390
|
Series 2023, Rev., 5.00%, 8/1/2042
|
6,450
|
7,099
|
Series 2023, Rev., 5.00%, 8/1/2043
|
2,795
|
3,064
|
Virginia Small Business Financing Authority, Senior Lien Rev., AMT, 4.00%, 1/1/2032
|
3,000
|
2,986
|
Virginia Small Business Financing Authority, Senior Lien, Elizabeth River Crossing
Opco, LLC Project
|
|
|
Series 2022, Rev., AMT, 4.00%, 7/1/2033
|
7,000
|
6,959
|
Rev., AMT, 4.00%, 1/1/2036
|
5,000
|
4,953
|
Total Virginia
|
|
37,790
|
Washington — 2.4%
|
||
Chelan County Public Utility District No. 1 Series 2020A, Rev., 4.00%, 7/1/2038
|
1,670
|
1,674
|
County of Snohomish, Limited Tax GO, 4.00%, 12/1/2039
|
1,470
|
1,473
|
Port of Seattle, Intermediate Lien
|
|
|
Series B, Rev., 5.00%, 3/1/2032
|
4,000
|
4,009
|
Series B, Rev., 5.00%, 3/1/2034
|
1,000
|
1,002
|
State of Washington, State and Local Agency Real and Personal Property Series 2018C,
COP, 5.00%, 7/1/2034
|
1,050
|
1,111
|
State of Washington, Various Purpose
|
|
|
Series R-2015A, GO, 4.00%, 7/1/2026
|
4,465
|
4,455
|
Series 2018C, GO, 5.00%, 2/1/2037
|
14,430
|
15,185
|
Series 2018A, GO, 5.00%, 8/1/2040
|
10,000
|
10,291
|
Series 2023C, GO, 5.00%, 6/1/2041
|
2,330
|
2,555
|
Tacoma Metropolitan Park District, Unlimited Tax
|
|
|
GO, 5.00%, 12/1/2036
|
600
|
604
|
GO, 5.00%, 12/1/2037
|
1,750
|
1,754
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
Municipal Bonds — continued
|
||
Washington — continued
|
||
Washington State Housing Finance Commission, Rockwood Retirement Communities Project
|
|
|
Series 2020A, Rev., 5.00%, 1/1/2032 (c)
|
1,920
|
1,858
|
Series 2020A, Rev., 5.00%, 1/1/2041 (c)
|
2,000
|
1,801
|
Total Washington
|
|
47,772
|
Wisconsin — 1.3%
|
||
Public Finance Authority, Ascend Leadership Academy Project Series 2021A, Rev., 5.00%,
6/15/2041 (c)
|
1,035
|
896
|
Public Finance Authority, Cone Health Series 2022A, Rev., 5.00%, 10/1/2052
|
6,530
|
6,810
|
Public Finance Authority, Piedmont Community Charter School Rev., 5.00%, 6/15/2024
|
205
|
205
|
Public Finance Authority, The Carmelite System, Inc., Obligated Group Rev., 3.25%,
1/1/2028
|
1,190
|
1,126
|
Public Finance Authority, The Franklin School of Innovation Rev., 5.00%, 1/1/2042 (c)
|
500
|
445
|
Public Finance Authority, Viticus Group Project
|
|
|
Series 2022A, Rev., 4.00%, 12/1/2031 (c)
|
540
|
496
|
Series 2022A, Rev., 4.00%, 12/1/2041 (c)
|
2,320
|
1,913
|
Public Finance Authority, Wakemed Hospital Series 2019A, Rev., 5.00%, 10/1/2044
|
12,500
|
12,807
|
Wisconsin Housing and Economic Development Authority Home Ownership Series 2024 A,
Rev., GNMA / FNMA / FHLMC,
6.00%, 9/1/2054
|
1,000
|
1,071
|
Total Wisconsin
|
|
25,769
|
Wyoming — 1.0%
|
||
County of Campbell, Solid Waste Facilities, Basin Electric Power Co-operative, Dry
Fork Station Facilities Series 2019A, Rev.,
3.63%, 7/15/2039
|
23,570
|
20,277
|
Total Municipal Bonds
(Cost $1,965,912)
|
|
1,954,305
|
|
SHARES
(000)
|
|
Short-Term Investments — 4.0%
|
||
Investment Companies — 4.0%
|
||
JPMorgan Institutional Tax Free Money Market Fund Class IM Shares, 3.51% (f) (g)
(Cost $80,618)
|
80,617
|
80,625
|
Total Investments — 100.8%
(Cost $2,046,530)
|
|
2,034,930
|
Liabilities in Excess of Other Assets — (0.8)%
|
|
(16,805
)
|
NET ASSETS — 100.0%
|
|
2,018,125
|
Percentages indicated are based on net assets.
|
Abbreviations
|
|
AGC
|
Insured by Assured Guaranty Corp.
|
AGM
|
Insured by Assured Guaranty Municipal Corp.
|
AMBAC
|
Insured by American Municipal Bond Assurance Corp.
|
AMT
|
Alternative Minimum Tax
|
BAN
|
Bond Anticipation Note
|
BHAC
|
Insured by Berkshire Hathaway Assurance Corp.
|
COP
|
Certificate of Participation
|
CR
|
Custodial Receipts
|
FHA
|
Federal Housing Administration
|
FHLMC
|
Federal Home Loan Mortgage Corp.
|
FNMA
|
Federal National Mortgage Association
|
GNMA
|
Government National Mortgage Association
|
GO
|
General Obligation
|
GTD
|
Guaranteed
|
IBC
|
Insured Bond Certificates
|
ICC
|
Insured Custody Certificates
|
LIQ
|
Liquidity Agreement
|
MTA
|
Metropolitan Transportation Authority
|
NATL
|
Insured by National Public Finance Guarantee Corp.
|
PSF-GTD
|
Permanent School Fund Guaranteed
|
RE
|
Reinsured
|
Rev.
|
Revenue
|
VRDO
|
Variable Rate Demand Obligation
|
^
|
Amount rounds to less than 0.1% of net assets.
|
|
(a)
|
The date shown represents the earliest of the prerefunded date, next put date or final
maturity date.
|
|
(b)
|
Variable or floating rate security, the interest rate of which adjusts periodically
based on changes in current interest rates and prepayments
on the underlying pool of assets. The interest rate shown is the current rate as of
May 31, 2024.
|
|
(c)
|
Securities exempt from registration under Rule 144A or section 4(a)(2), of the Securities
Act of 1933, as amended.
|
|
(d)
|
Security is prerefunded or escrowed to maturity.
|
|
(e)
|
All or a portion of the security is a when-issued security, delayed delivery security,
or forward commitment.
|
|
(f)
|
Investment in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment Management Inc.
|
|
(g)
|
The rate shown is the current yield as of May 31, 2024.
|
|
DESCRIPTION
|
NUMBER OF
CONTRACTS
|
EXPIRATION DATE
|
TRADING CURRENCY
|
NOTIONAL
AMOUNT ($)
|
VALUE AND
UNREALIZED
APPRECIATION
(DEPRECIATION) ($)
|
Long Contracts
|
|
|
|
|
|
U.S. Treasury 2 Year Note
|
1,290
|
09/30/2024
|
USD
|
262,918
|
211
|
U.S. Treasury 5 Year Note
|
649
|
09/30/2024
|
USD
|
68,764
|
90
|
|
|
|
|
|
301
|
Short Contracts
|
|
|
|
|
|
U.S. Treasury 10 Year Ultra Note
|
(309
)
|
09/19/2024
|
USD
|
(34,700
)
|
4
|
|
|
|
|
|
305
|
Abbreviations
|
|
USD
|
United States Dollar
|
|
|
|
|
|
|
Level 1
Quoted prices
|
Level 2
Other significant
observable inputs
|
Level 3
Significant
unobservable inputs
|
Total
|
Investments in Securities
|
|
|
|
|
Municipal Bonds
|
$—
|
$1,954,305
|
$—
|
$1,954,305
|
Short-Term Investments
|
|
|
|
|
Investment Companies
|
80,625
|
—
|
—
|
80,625
|
Total Investments in Securities
|
$80,625
|
$1,954,305
|
$—
|
$2,034,930
|
|
|
|
|
|
|
Level 1
Quoted prices
|
Level 2
Other significant
observable inputs
|
Level 3
Significant
unobservable inputs
|
Total
|
Appreciation in Other Financial Instruments
|
|
|
|
|
Futures Contracts
|
$305
|
$—
|
$—
|
$305
|
|
|||||||||
For the period ended May 31, 2024
|
|||||||||
Security Description
|
Value at
February 29,
2024
|
Purchases at
Cost
|
Proceeds from
Sales
|
Net Realized
Gain (Loss)
|
Change in
Unrealized
Appreciation/
(Depreciation)
|
Value at
May 31,
2024
|
Shares at
May 31,
2024
|
Dividend
Income
|
Capital Gain
Distributions
|
JPMorgan Institutional Tax Free Money Market Fund
Class IM Shares, 3.51% (a) (b)
|
$25,576
|
$288,122
|
$233,083
|
$6
|
$4
|
$80,625
|
80,617
|
$894
|
$—
|
|
|
(a)
|
Investment in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment Management Inc.
|
(b)
|
The rate shown is the current yield as of May 31, 2024.
|