Principal
Amount
|
|
|
Value
|
|
|
MUNICIPAL BONDS—90.7%
|
|
|
|
Alabama—2.3%
|
|
$6,500,000
|
|
Black Belt Energy Gas District, AL, Gas Prepay Revenue Bonds Project No. 4 (Series 2019A-1) TOBs, (Morgan Stanley
GTD), 4.000%, Mandatory Tender 12/1/2025
|
$7,452,510
|
1,000,000
|
|
Black Belt Energy Gas District, AL, Gas Prepay Revenue Bonds Project No. 5 (Series 2020A-1) TOBs, (Morgan Stanley
GTD), 4.000%, Mandatory Tender 10/1/2026
|
1,162,960
|
8,000,000
|
|
Lower Alabama Gas District, Gas Project Revenue Bonds Project No.2 (Series 2020A) TOBs, (Goldman Sachs Group, Inc.
GTD), 4.000%, Mandatory Tender 12/1/2025
|
9,162,080
|
2,500,000
|
|
Mobile, AL IDB (Alabama Power Co.), PCR Bonds (Series 2007A) TOBs, 1.000%, Mandatory Tender 6/26/2025
|
2,507,100
|
450,000
|
|
Prattville, AL IDB (International Paper Co.), Environmental Improvement Revenue Refunding Bonds (Series 2019B) TOBs,
2.000%, Mandatory Tender 10/1/2024
|
469,391
|
425,000
|
|
Prattville, AL IDB (International Paper Co.), Recovery Zone Facility Revenue Refunding Bonds (Series 2019C) TOBs,
2.000%, Mandatory Tender 10/1/2024
|
443,313
|
|
|
TOTAL
|
21,197,354
|
|
|
Alaska—0.5%
|
|
1,250,000
|
|
Alaska International Airports System, Revenue Refunding Bonds (Series 2016A), 5.000%, 10/1/2024
|
1,455,863
|
1,010,000
|
|
Alaska State Housing Finance Corp., Revenue Bonds (Series 2013A), 5.000%, 12/1/2022
|
1,085,255
|
1,550,000
|
|
Anchorage, AK Electric Utility System, Senior Lien Revenue Refunding Bonds (Series 2014A), 5.000%, 12/1/2022
|
1,703,620
|
|
|
TOTAL
|
4,244,738
|
|
|
Arizona—1.3%
|
|
3,330,000
|
|
Chandler, AZ IDA (Intel Corp.), Industrial Development Revenue Bonds (Series 2019) TOBs, 4.918%, Mandatory
Tender 6/3/2024
|
3,843,120
|
1,750,000
|
|
Phoenix, AZ Civic Improvement Corp.—Airport System, Junior Lien Airport Revenue Bonds (Series 2019B),
5.000%, 7/1/2023
|
1,942,220
|
1,000,000
|
|
Phoenix, AZ Civic Improvement Corp.—Airport System, Junior Lien Airport Revenue Bonds (Series 2019B),
5.000%, 7/1/2024
|
1,146,330
|
1,500,000
|
|
Phoenix, AZ Civic Improvement Corp.—Airport System, Junior Lien Airport Revenue Bonds (Series 2019B),
5.000%, 7/1/2025
|
1,769,130
|
3,000,000
|
|
Tempe, AZ IDA (Mirabella at ASU), Revenue Bonds (Series 2017B), (Original Issue Yield: 4.750%), 4.700%, 10/1/2024
|
3,007,440
|
|
|
TOTAL
|
11,708,240
|
|
|
California—5.7%
|
|
5,000,000
|
1
|
Bay Area Toll Authority, CA, San Francisco Bay Area Toll Bridge Revenue Bonds (SIFMA Index Rate Bonds Series 2007B-1)
FRNs, 1.220% (SIFMA 7-day +1.100%), Mandatory Tender 4/1/2024
|
5,059,000
|
10,000,000
|
1
|
Bay Area Toll Authority, CA, San Francisco Bay Area Toll Bridge Revenue Bonds (SIFMA Index Rate Bonds Series 2007G-1)
FRNs, 1.220% (SIFMA 7-day +1.100%), Mandatory Tender 4/1/2024
|
10,118,000
|
2,045,000
|
|
California Health Facilities Financing Authority (Kaiser Permanente), Revenue Bonds (Series 2017C) TOBs, 5.000%,
Mandatory Tender 11/1/2022
|
2,245,390
|
1,000,000
|
|
California Municipal Finance Authority (Community Medical Centers), Revenue Refunding Bonds (Series 2017A),
5.000%, 2/1/2022
|
1,056,430
|
2,000,000
|
|
California Municipal Finance Authority (Community Medical Centers), Revenue Refunding Bonds (Series 2017A),
5.000%, 2/1/2023
|
2,196,020
|
2,000,000
|
|
California Municipal Finance Authority (Community Medical Centers), Revenue Refunding Bonds (Series 2017A),
5.000%, 2/1/2024
|
2,269,440
|
1,500,000
|
2
|
California Municipal Finance Authority (Waste Management, Inc.), Solid Waste Disposal Revenue Bonds (Series 2009A)
TOBs, 1.300%, Mandatory Tender 2/3/2025
|
1,516,485
|
4,000,000
|
2
|
California PCFA (Republic Services, Inc.), Solid Waste Refunding Revenue Bonds (Series 2010A) TOBs, 0.500%, Mandatory
Tender 11/2/2020
|
4,000,920
|
3,750,000
|
|
California State, UT GO Various Purpose Bonds, 5.000%, 3/1/2029
|
4,974,900
|
2,500,000
|
|
California State, UT GO Various Purpose Bonds, 5.000%, 3/1/2030
|
3,367,150
|
1,000,000
|
|
California State, Various Purpose GO Bonds (Series 2020-1), 5.000%, 11/1/2027
|
1,297,000
|
1,000,000
|
|
California State, Various Purpose GO Refunding Bonds (Series 2020-2), 5.000%, 11/1/2026
|
1,267,900
|
2,000,000
|
|
California State, Various Purpose GO Refunding Bonds (Series 2020-2), 5.000%, 11/1/2028
|
2,652,100
|
Principal
Amount
|
|
|
Value
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
California—continued
|
|
$2,000,000
|
|
Los Angeles County, CA Metropolitan Transportation Authority, Measure R Junior Subordinate Sales Tax Revenue
Refunding Bonds (Series 2020A) Green Bonds, 5.000%, 6/1/2030
|
$2,730,560
|
2,860,000
|
|
Los Angeles Department of Water & Power (Los Angeles, CA Department of Water & Power (Electric/Power System)),
Power System Revenue Bonds (Series 2020A), 5.000%, 7/1/2029
|
3,884,023
|
2,000,000
|
|
Southern California Public Power Authority (Power Projects), Windy Point/Windy Flats Project Revenue Refunding Bonds
(Series 2020-1) Green Bonds, 5.000%, 4/1/2024
|
2,311,200
|
2,000,000
|
|
Western Placer, CA Unified School District, Community Facilities District No.2 2020 Bond Anticipation Notes,
2.000%, 6/1/2025
|
2,059,740
|
|
|
TOTAL
|
53,006,258
|
|
|
Colorado—1.4%
|
|
350,000
|
|
Colorado Health Facilities Authority (Christian Living Communities), Revenue Refunding Bonds (Series 2016),
4.000%, 1/1/2021
|
350,189
|
400,000
|
|
Colorado Health Facilities Authority (Christian Living Communities), Revenue Refunding Bonds (Series 2016),
4.000%, 1/1/2022
|
400,800
|
640,000
|
|
Colorado Health Facilities Authority (Christian Living Communities), Revenue Refunding Bonds (Series 2016),
5.000%, 1/1/2023
|
654,694
|
750,000
|
|
Colorado Health Facilities Authority (Christian Living Communities), Revenue Refunding Bonds (Series 2016),
5.000%, 1/1/2024
|
773,040
|
600,000
|
|
Colorado Health Facilities Authority (Christian Living Communities), Revenue Refunding Bonds (Series 2016),
5.000%, 1/1/2025
|
622,236
|
1,000,000
|
|
Colorado Health Facilities Authority (Covenant Retirement Communities, Inc.), Revenue Refunding Bonds (Series 2015A),
5.000%, 12/1/2020
|
1,006,230
|
750,000
|
|
Colorado Health Facilities Authority (Covenant Retirement Communities, Inc.), Revenue Refunding Bonds (Series 2015A),
5.000%, 12/1/2021
|
782,655
|
250,000
|
|
Colorado Health Facilities Authority (Covenant Retirement Communities, Inc.), Revenue Refunding Bonds (Series 2015A),
5.000%, 12/1/2022
|
269,725
|
3,000,000
|
|
Denver, CO City & County Department of Aviation, Airport System Revenue Refunding Bonds (Series 2019D) TOBs,
5.000%, Mandatory Tender 11/15/2022
|
3,272,610
|
450,000
|
|
E-470 Public Highway Authority, CO, Senior Revenue Bonds (Series 2020A), 5.000%, 9/1/2024
|
528,961
|
280,000
|
|
E-470 Public Highway Authority, CO, Senior Revenue Bonds (Series 2020A), 5.000%, 9/1/2025
|
339,696
|
1,480,000
|
|
E-470 Public Highway Authority, CO, Senior Revenue Bonds (Series 2020A), 5.000%, 9/1/2026
|
1,846,182
|
2,000,000
|
|
E-470 Public Highway Authority, CO, Senior Revenue Bonds (Series 2020A), 5.000%, 9/1/2027
|
2,560,080
|
|
|
TOTAL
|
13,407,098
|
|
|
Connecticut—1.5%
|
|
1,000,000
|
|
Connecticut State Special Transportation Fund, Special Tax Obligation Bonds Transportation Infrastructure Purposes
(Series 2020A), 5.000%, 5/1/2028
|
1,290,510
|
2,600,000
|
|
Connecticut State Special Transportation Fund, Special Tax Obligation Bonds Transportation Infrastructure Purposes
(Series 2020A), 5.000%, 5/1/2029
|
3,411,642
|
1,000,000
|
|
Connecticut State Special Transportation Fund, Special Tax Obligation Bonds Transportation Infrastructure Purposes
(Series 2020A), 5.000%, 5/1/2030
|
1,331,880
|
1,500,000
|
1
|
Connecticut State, UT GO SIFMA Index Bonds (Series 2013A) FRNs, 1.020% (SIFMA 7-day +0.900%), 3/1/2023
|
1,512,885
|
2,255,000
|
1
|
Connecticut State, UT GO SIFMA Index Bonds (Series 2013A) FRNs, 1.070% (SIFMA 7-day +0.950%), 3/1/2024
|
2,276,693
|
4,000,000
|
1
|
Connecticut State, UT GO SIFMA Index Bonds (Series 2013A) FRNs, 1.110% (SIFMA 7-day +0.990%), 3/1/2025
|
4,037,840
|
|
|
TOTAL
|
13,861,450
|
|
|
Delaware—0.2%
|
|
2,000,000
|
|
Delaware Economic Development Authority (Delmarva Power and Light Co.), Gas Facilities Revenue Refunding Bonds
(Series 2020A) TOBs, 1.050%, Mandatory Tender 7/1/2025
|
2,014,000
|
|
|
Florida—1.5%
|
|
575,000
|
|
Broward County, FL Port Facilities, Revenue Refunding Bonds (Series 2011A), (Assured Guaranty Municipal Corp. INS),
5.000%, 9/1/2024
|
595,867
|
1,500,000
|
|
Citizens Property Insurance Corp. FL, Revenue Bonds (Series 2015A1), 5.000%, 6/1/2022
|
1,579,665
|
1,500,000
|
|
Citizens Property Insurance Corp. FL, Senior Secured Revenue Bonds (Series 2012 A-1), 5.000%, 6/1/2021
|
1,545,585
|
1,195,000
|
|
Halifax Hospital Medical Center, FL, Revenue Refunding Bonds, 5.000%, 6/1/2021
|
1,228,723
|
1,000,000
|
|
Halifax Hospital Medical Center, FL, Revenue Refunding Bonds, 5.000%, 6/1/2022
|
1,070,310
|
Principal
Amount
|
|
|
Value
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
Florida—continued
|
|
$1,245,000
|
|
Hillsborough County, FL IDA (Tampa General Hospital), Hospital Revenue Refunding Bonds (Series 2012A),
5.000%, 10/1/2021
|
$1,297,726
|
1,300,000
|
|
Hillsborough County, FL IDA (Tampa General Hospital), Hospital Revenue Refunding Bonds (Series 2012A),
5.000%, 10/1/2022
|
1,402,843
|
3,265,000
|
|
Palm Beach County, FL Health Facilities Authority (ACTS Retirement Life Communities, Inc.), Retirement Communities
Revenue Bonds (Series 2016), 5.000%, 11/15/2021
|
3,404,742
|
1,345,000
|
|
Volusia County, FL Education Facility Authority (Stetson University, Inc.), Revenue Refunding Bonds (Series 2015),
5.000%, 6/1/2024
|
1,532,560
|
|
|
TOTAL
|
13,658,021
|
|
|
Georgia—3.9%
|
|
1,000,000
|
|
Atlanta, GA (Atlantic Station Project), Tax Allocation Refunding Bonds (Series 2017), 5.000%, 12/1/2022
|
1,090,240
|
1,000,000
|
|
Atlanta, GA (Atlantic Station Project), Tax Allocation Refunding Bonds (Series 2017), 5.000%, 12/1/2023
|
1,129,740
|
800,000
|
|
Atlanta, GA (Atlantic Station Project), Tax Allocation Refunding Bonds (Series 2017), 5.000%, 12/1/2024
|
933,848
|
3,000,000
|
|
Burke County, GA Development Authority (Georgia Power Co.), Vogtle Project Pollution Control Revenue Bonds (Fifth
Series 1995) TOBs, 2.050%, Mandatory Tender 11/19/2021
|
3,049,620
|
7,000,000
|
1
|
Main Street Natural Gas, Inc., GA, Gas Supply Revenue Bonds (Series 2018B) FRNs, (Royal Bank of Canada GTD), 0.854%
(1-month USLIBOR x 0.67 +0.750%), Mandatory Tender 9/1/2023
|
6,992,230
|
5,000,000
|
|
Main Street Natural Gas, Inc., GA, Gas Supply Revenue Bonds (Series 2018C) TOBs, (Royal Bank of Canada GTD), 4.000%,
Mandatory Tender 12/1/2023
|
5,504,950
|
5,300,000
|
|
Main Street Natural Gas, Inc., GA, Gas Supply Revenue Bonds (Series 2019B) TOBs, (Toronto Dominion Bank GTD),
4.000%, Mandatory Tender 12/2/2024
|
6,012,532
|
5,500,000
|
|
Monroe County, GA Development Authority Pollution Control (Georgia Power Co.), Scherer Plant Pollution Control
Revenue Bonds (First Series 1995), 2.250%, 7/1/2025
|
5,661,920
|
3,500,000
|
|
Private Colleges & Universities Facilities of GA (Emory University), Revenue Bonds (Series 2020B), 5.000%, 9/1/2030
|
4,805,360
|
850,000
|
|
Savannah, GA EDA (International Paper Co.), Recovery Zone Facility Revenue Refunding Bonds (Series 2019A) TOBs,
2.000%, Mandatory Tender 10/1/2024
|
886,626
|
|
|
TOTAL
|
36,067,066
|
|
|
Illinois—5.8%
|
|
1,000,000
|
|
Chicago, IL Midway Airport, Second Lien Revenue & Refunding Bonds (Series 2014B), 5.000%, 1/1/2022
|
1,051,490
|
1,500,000
|
|
Chicago, IL Midway Airport, Second Lien Revenue Refunding Bonds (Series 2013C), 5.000%, 1/1/2022
|
1,577,235
|
2,000,000
|
|
Chicago, IL O'Hare International Airport, General Airport Senior Lien Revenue Refunding Bonds (Series 2015B),
5.000%, 1/1/2021
|
2,021,380
|
500,000
|
|
Chicago, IL O'Hare International Airport, General AirportSenior Lien Revenue Refunding Bonds (Series 2020B),
5.000%, 1/1/2024
|
572,580
|
500,000
|
|
Chicago, IL O'Hare International Airport, General AirportSenior Lien Revenue Refunding Bonds (Series 2020B),
5.000%, 1/1/2026
|
609,405
|
500,000
|
|
Chicago, IL O'Hare International Airport, General AirportSenior Lien Revenue Refunding Bonds (Series 2020B),
5.000%, 1/1/2028
|
633,790
|
1,000,000
|
|
Chicago, IL O'Hare International Airport, General AirportSenior Lien Revenue Refunding Bonds (Series 2020B),
5.000%, 1/1/2029
|
1,284,730
|
1,000,000
|
|
Chicago, IL O'Hare International Airport, General AirportSenior Lien Revenue Refunding Bonds (Series 2020B),
5.000%, 1/1/2030
|
1,301,210
|
1,000,000
|
|
Chicago, IL O'Hare International Airport, Revenue Refunding Bonds (Series 2015B), 5.000%, 1/1/2023
|
1,103,100
|
1,135,000
|
|
Chicago, IL Water Revenue, Second Lien Water Revenue Bonds (Series 2016A-1), 5.000%, 11/1/2023
|
1,274,185
|
1,000,000
|
|
Chicago, IL Water Revenue, Second Lien Water Revenue Refunding Bonds (Series 2004), 5.000%, 11/1/2020
|
1,003,520
|
1,000,000
|
|
Chicago, IL Water Revenue, Second Lien Water Revenue Refunding Bonds (Series 2004), 5.000%, 11/1/2021
|
1,047,090
|
5,000,000
|
|
Chicago, IL Water Revenue, Second Lien Water Revenue Refunding Bonds (Series 2004), 5.000%, 11/1/2022
|
5,419,050
|
2,645,000
|
|
Chicago, IL Water Revenue, Second Lien Water Revenue Refunding Bonds (Series 2004), 5.000%, 11/1/2023
|
2,969,356
|
1,780,000
|
|
Illinois Finance Authority (Admiral at the Lake), Revenue Refunding Bonds (Series 2017), 5.000%, 5/15/2022
|
1,785,393
|
1,845,000
|
|
Illinois Finance Authority (Admiral at the Lake), Revenue Refunding Bonds (Series 2017), 5.000%, 5/15/2023
|
1,851,181
|
2,800,000
|
|
Illinois Finance Authority (American Water Capital Corp.), Revenue Refunding Bonds (Series 2020) TOBs, 0.700%,
Mandatory Tender 9/1/2023
|
2,797,256
|
3,000,000
|
|
Illinois Finance Authority (OSF Health Care Systems), Revenue Bonds (Series 2020A) TOBs, 5.000%, Mandatory
Tender 11/15/2026
|
3,646,740
|
1,200,000
|
|
Illinois Finance Authority (Presbyterian Homes Obligated Group), Revenue Bonds (Series 2016A), 5.000%, 11/1/2021
|
1,244,436
|
Principal
Amount
|
|
|
Value
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
Illinois—continued
|
|
$1,500,000
|
|
Illinois Finance Authority (Presbyterian Homes Obligated Group), Revenue Bonds (Series 2016A), 5.000%, 11/1/2022
|
$1,603,935
|
1,800,000
|
|
Illinois Finance Authority (Presbyterian Homes Obligated Group), Revenue Bonds (Series 2016A), 5.000%, 11/1/2023
|
1,979,802
|
3,000,000
|
1
|
Illinois Finance Authority (Presbyterian Homes Obligated Group), Revenue Bonds (Series 2016B) FRNs, 1.459% (1-month
USLIBOR x 0.70 +1.350%), Mandatory Tender 5/1/2021
|
3,000,420
|
3,000,000
|
|
Illinois Housing Development Authority (Century Woods), Multifamily Housing Revenue Bonds (Series 2019) TOBs, (GNMA
COL), 1.868%, Mandatory Tender 10/1/2021
|
3,046,860
|
1,750,000
|
|
Illinois State, UT GO Bonds (Series 2020B), 5.500%, 5/1/2024
|
1,897,368
|
1,500,000
|
|
Illinois State, UT GO Refunding Bonds (Series 2018A), 5.000%, 10/1/2021
|
1,543,005
|
2,000,000
|
|
Illinois State, UT GO Refunding Bonds (Series 2018A), 5.000%, 10/1/2022
|
2,094,420
|
1,000,000
|
|
Illinois State, UT GO Refunding Bonds (Series 2018A), 5.000%, 10/1/2023
|
1,059,780
|
2,300,000
|
|
Illinois State, UT GO Refunding Bonds (Series 2018A), 5.000%, 10/1/2028
|
2,538,395
|
1,925,000
|
|
Railsplitter Tobacco Settlement Authority, IL, Tobacco Settlement Revenue Bonds (Series 2017), 5.000%, 6/1/2026
|
2,357,952
|
|
|
TOTAL
|
54,315,064
|
|
|
Indiana—0.8%
|
|
725,000
|
|
Ball State University, IN, Revenue Refunding Bonds (Series 2016), 5.000%, 7/1/2021
|
751,078
|
500,000
|
|
Ball State University, IN, Revenue Refunding Bonds (Series 2016), 5.000%, 7/1/2022
|
540,555
|
1,000,000
|
|
Indiana Municipal Power Agency, Revenue Refunding Bonds (Series 2016C), 5.000%, 1/1/2024
|
1,148,220
|
1,000,000
|
|
Indiana State Finance Authority Hospital Revenue (Beacon Health System Obligated Group), Hospital Revenue Bonds
(Series 2013A), 5.000%, 8/15/2021
|
1,039,610
|
4,000,000
|
|
Rockport, IN PCR (Indiana Michigan Power Co.), Revenue Refunding Bonds (Series 2008D) TOBs, 2.050%, Mandatory
Tender 6/1/2021
|
4,030,560
|
|
|
TOTAL
|
7,510,023
|
|
|
Iowa—0.1%
|
|
1,040,000
|
|
Ames, IA Hospital Revenue (Mary Greeley Medical Center), Revenue Refunding Bonds (Series 2016), 5.000%, 6/15/2023
|
1,160,744
|
|
|
Kansas—0.5%
|
|
2,000,000
|
|
Holton, KS (Holton Community Hospital), Hospital Loan Anticipation Revenue Bonds (Series 2019), 2.500%, 7/1/2021
|
2,006,280
|
1,000,000
|
|
Wyandotte County, KS Unified Government Utility System, Improvement & Refunding Revenue Bonds (Series 2014-A),
5.000%, 9/1/2021
|
1,042,950
|
1,000,000
|
|
Wyandotte County, KS Unified Government Utility System, Revenue Bonds (Series 2016A), 5.000%, 9/1/2024
|
1,175,470
|
|
|
TOTAL
|
4,224,700
|
|
|
Kentucky—4.0%
|
|
2,640,000
|
|
Kentucky Bond Development Corp. (St. Elizabeth Medical Center), Hospital Facilities Revenue Refunding Bonds
(Series 2016), 5.000%, 5/1/2024
|
3,035,604
|
5,000,000
|
|
Kentucky Economic Development Finance Authority (Catholic Health Initiatives), Revenue Bonds (Series 2009B) TOBs,
2.700%, Mandatory Tender 11/10/2021
|
5,099,850
|
3,000,000
|
|
Louisville & Jefferson County, KY Metropolitan Government (Louisville Gas & Electric Co.), Pollution Control Revenue
Bonds (Series 2005A) TOBs, 1.750%, Mandatory Tender 7/1/2026
|
3,086,550
|
4,000,000
|
|
Louisville & Jefferson County, KY Metropolitan Government (Louisville Gas & Electric Co.), Revenue Refunding Bonds
Series 2013A (Remarketing 4/1/19) TOBs, 1.850%, Mandatory Tender 4/1/2021
|
4,022,400
|
5,000,000
|
|
Public Energy Authority of Kentucky, Gas Supply Revenue Bonds (Series 2018A) TOBs, (Morgan Stanley GTD), 4.000%,
Mandatory Tender 4/1/2024
|
5,519,950
|
4,000,000
|
|
Public Energy Authority of Kentucky, Gas Supply Revenue Bonds (Series 2018B) TOBs, (BP PLC GTD), 4.000%, Mandatory
Tender 1/1/2025
|
4,482,880
|
9,000,000
|
|
Public Energy Authority of Kentucky, Gas Supply Revenue Bonds (Series 2020A) TOBs, (BP PLC GTD), 4.000%, Mandatory
Tender 6/1/2026
|
10,410,570
|
2,250,000
|
|
Trimble County, KY (Louisville Gas & Electric Co.), PCR Refunding Bonds (Series 2016A) TOBs, 1.300%, Mandatory
Tender 9/1/2044
|
2,242,237
|
|
|
TOTAL
|
37,900,041
|
|
|
Louisiana—2.8%
|
|
1,450,000
|
|
East Baton Rouge Sewerage Commission, Revenue Refunding Bonds (Series 2020A), 5.000%, 2/1/2028
|
1,877,141
|
750,000
|
|
East Baton Rouge Sewerage Commission, Revenue Refunding Bonds (Series 2020A), 5.000%, 2/1/2030
|
1,010,100
|
5,000,000
|
|
Louisiana Local Government Environmental Facilities Community Development Authority (East Baton Rouge Sewerage
Commission), Subordinate Lien Multi-Modal Revenue Refunding Bonds (Series 2020B) TOBs, 0.875%, Mandatory
Tender 2/1/2025
|
4,961,300
|
Principal
Amount
|
|
|
Value
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
Louisiana—continued
|
|
$6,000,000
|
|
Louisiana State Offshore Terminal Authority (Loop LLC), Deepwater Port Revenue Bonds (Series 2010B-1A) TOBs, 2.000%,
Mandatory Tender 10/1/2022
|
$6,067,140
|
790,000
|
|
New Orleans, LA Aviation Board, Revenue Bonds (Series 2015A), 5.000%, 1/1/2024
|
895,299
|
3,765,000
|
|
St. Charles Parish, LA Gulf Opportunity Zone (Valero Energy Corp.), Revenue Bonds (Series 2010) TOBs, 4.000%,
Mandatory Tender 6/1/2022
|
3,923,657
|
7,000,000
|
|
St. John the Baptist Parish, LA (Marathon Oil Corp.), Revenue Refunding Bonds (Series 2017B-2) TOBs, 2.375%,
Mandatory Tender 7/1/2026
|
7,088,410
|
|
|
TOTAL
|
25,823,047
|
|
|
Maryland—0.2%
|
|
850,000
|
|
Rockville, MD Mayor & City Council Econ Dev Revenue (Ingleside at King Farm), Paydown Securities TEMPS-70
(Series 2017C-2), 3.000%, 11/1/2025
|
850,000
|
620,000
|
|
Rockville, MD Mayor & City Council Econ Dev Revenue (Ingleside at King Farm), Paydown Securities TEMPS-85
(Series 2017C-1), 3.500%, 11/1/2026
|
607,005
|
|
|
TOTAL
|
1,457,005
|
|
|
Massachusetts—1.2%
|
|
2,000,000
|
|
Massachusetts Development Finance Agency (Harvard University), Revenue Refunding Bonds (Series 2020A),
5.000%, 10/15/2029
|
2,739,820
|
1,000,000
|
|
Massachusetts Development Finance Agency (Harvard University), Revenue Refunding Bonds (Series 2020A),
5.000%, 10/15/2030
|
1,399,270
|
6,000,000
|
|
Massachusetts State Development Finance Agency (Boston University), Revenue Bonds (Series 2019 DD-1) TOBs, 5.000%,
Mandatory Tender 4/1/2024
|
6,797,220
|
310,000
|
|
Massachusetts State Housing Finance Agency Housing Revenue, SFM Revenue Bonds (Series 172), 4.000%, 6/1/2045
|
326,002
|
|
|
TOTAL
|
11,262,312
|
|
|
Michigan—1.6%
|
|
5,000,000
|
|
Michigan State Finance Authority Revenue (Great Lakes, MI Water Authority Water Supply System), Senior Lien Revenue
Bonds (Series 2014 D-1), (Assured Guaranty Municipal Corp. INS), 5.000%, 7/1/2022
|
5,415,600
|
2,500,000
|
|
Michigan State Finance Authority Revenue (Great Lakes, MI Water Authority Water Supply System), Senior Lien Revenue
Bonds (Series D-1), (Assured Guaranty Municipal Corp. INS), 5.000%, 7/1/2021
|
2,589,150
|
1,205,000
|
|
Michigan State Trunk Line, State Trunk Line Fund Refunding Bonds (Series 2020A), 5.000%, 11/15/2023
|
1,383,822
|
1,000,000
|
|
Michigan State Trunk Line, State Trunk Line Fund Refunding Bonds (Series 2020A), 5.000%, 11/15/2024
|
1,192,090
|
3,500,000
|
|
Michigan Strategic Fund (Detroit Edison Co.), Variable Rate Limited Obligation Revenue Refunding Bonds
(Series 2008ET-2) TOBs, 1.450%, Mandatory Tender 9/1/2021
|
3,516,205
|
1,170,000
|
|
Michigan Strategic Fund (Michigan State), LT Obligation Revenue Bonds (Series 2011), 5.000%, 10/15/2020
|
1,171,813
|
|
|
TOTAL
|
15,268,680
|
|
|
Minnesota—0.3%
|
|
3,000,000
|
1
|
Minnesota State HFA, Residential Housing Finance Bonds (Series 2018D) FRNs, 0.550% (SIFMA 7-day +0.430%),
Mandatory Tender 7/3/2023
|
2,999,070
|
|
|
Mississippi—0.7%
|
|
1,250,000
|
|
Mississippi Business Finance Corp. (Waste Management, Inc.), Solid Waste Disposal Revenue Bonds (Series 2002) TOBs,
2.200%, Mandatory Tender 6/3/2024
|
1,306,213
|
1,000,000
|
|
Mississippi Business Finance Corp. (Waste Management, Inc.), Solid Waste Disposal Revenue Bonds (Series 2004) TOBs,
0.550%, Mandatory Tender 9/1/2021
|
1,000,180
|
4,000,000
|
|
Warren County, MS Gulf Opportunity Zone (International Paper Co.), Revenue Refunding Bonds (Series 2020A) TOBs,
1.375%, Mandatory Tender 6/16/2025
|
4,076,160
|
|
|
TOTAL
|
6,382,553
|
|
|
Missouri—0.9%
|
|
1,570,000
|
|
Cape Girardeau County, MO IDA (St. Francis Medical Center, MO), Revenue Bonds (Series 2013A), 5.000%, 6/1/2022
|
1,685,819
|
565,000
|
|
Missouri State HEFA (Lutheran Senior Services), Senior Living Facilities Revenue Bonds (Series 2014A), 5.000%, 2/1/2021
|
571,690
|
500,000
|
|
Missouri State HEFA (Lutheran Senior Services), Senior Living Facilities Revenue Bonds (Series 2016A), 5.000%, 2/1/2023
|
539,685
|
800,000
|
|
Missouri State HEFA (Lutheran Senior Services), Senior Living Facilities Revenue Bonds (Series 2016B), 5.000%, 2/1/2021
|
809,472
|
650,000
|
|
Missouri State HEFA (Lutheran Senior Services), Senior Living Facilities Revenue Bonds (Series 2016B), 5.000%, 2/1/2022
|
680,199
|
1,200,000
|
|
Missouri State HEFA (Lutheran Senior Services), Senior Living Facilities Revenue Bonds (Series 2016B), 5.000%, 2/1/2023
|
1,295,244
|
750,000
|
|
Missouri State HEFA (Lutheran Senior Services), Senior Living Facilities Revenue Bonds (Series 2016B), 5.000%, 2/1/2024
|
832,372
|
850,000
|
|
Missouri State HEFA (Lutheran Senior Services), Senior Living Facilities Revenue Bonds (Series 2016B), 5.000%, 2/1/2025
|
966,994
|
Principal
Amount
|
|
|
Value
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
Missouri—continued
|
|
$750,000
|
|
Missouri State HEFA (Lutheran Senior Services), Senior Living Facilities Revenue Bonds (Series 2016B), 5.000%, 2/1/2026
|
$868,140
|
|
|
TOTAL
|
8,249,615
|
|
|
Montana—0.5%
|
|
4,710,000
|
1
|
Montana Facility Finance Authority (Billings Clinic Obligated Group), Variable Rate Revenue Bonds (Series 2018C) FRNs,
0.670% (SIFMA 7-day +0.550%), Mandatory Tender 8/15/2023
|
4,707,645
|
|
|
Nevada—2.1%
|
|
6,665,000
|
|
Clark County, NV Airport System, Airport System Subordinate Lien Revenue Refunding Bonds (Series 2019A),
5.000%, 7/1/2026
|
8,109,972
|
3,000,000
|
|
Clark County, NV School District, LT GO Building Bonds (Series 2020A), (Assured Guaranty Municipal Corp. INS),
5.000%, 6/15/2028
|
3,842,460
|
875,000
|
|
Clark County, NV School District, LT GO Building Bonds (Series 2020A), (Assured Guaranty Municipal Corp. INS),
5.000%, 6/15/2030
|
1,158,491
|
6,500,000
|
|
Washoe County, NV Gas & Water Facilities Revenue (Sierra Pacific Power Co.), Refunding Revenue Bonds (Series 2016B)
TOBs, 3.000%, Mandatory Tender 6/1/2022
|
6,766,110
|
|
|
TOTAL
|
19,877,033
|
|
|
New Hampshire—0.7%
|
|
2,750,000
|
|
National Finance Authority, NH (Waste Management, Inc.), (Series A-1) TOBs, 0.400%, Mandatory Tender 12/1/2020
|
2,750,083
|
4,000,000
|
|
National Finance Authority, NH (Waste Management, Inc.), Solid Waste Disposal Refunding Revenue Bonds
(Series 2019A-2) TOBs, 2.150%, Mandatory Tender 7/1/2024
|
4,150,800
|
|
|
TOTAL
|
6,900,883
|
|
|
New Jersey—4.6%
|
|
2,600,000
|
|
Camden, NJ BANs, 1.500%, 8/12/2021
|
2,610,920
|
5,000,000
|
|
New Jersey EDA (New Jersey State), School Facilities Construction Refunding Bonds (Series 2015 XX), 5.000%, 6/15/2022
|
5,336,750
|
10,000,000
|
1
|
New Jersey EDA (New Jersey State), School Facilities Construction Refunding SIFMA Index Bonds (Series 2013 I) FRNs,
1.370% (SIFMA 7-day +1.250%), 9/1/2025
|
9,806,400
|
1,000,000
|
|
New Jersey EDA (New Jersey-American Water Co., Inc.), Water Facilities Refunding Revenue Bonds (Series 2020A),
1.000%, 6/1/2023
|
1,002,680
|
2,000,000
|
|
New Jersey EDA (New Jersey-American Water Co., Inc.), Water Facilities Refunding Revenue Bonds (Series 2020C),
1.150%, 6/1/2023
|
2,029,680
|
1,000,000
|
|
New Jersey Turnpike Authority, Revenue Bonds (Series 2017A), 5.000%, 1/1/2027
|
1,246,740
|
5,000,000
|
1
|
New Jersey Turnpike Authority, Turnpike Revenue Bonds (Series 2017D-3) FRNs, 0.709% (1-month USLIBOR x 0.70
+0.600%), 1/1/2023
|
4,987,550
|
5,000,000
|
1
|
New Jersey Turnpike Authority, Turnpike Revenue Bonds (Series 2017D-4) FRNs, 0.809% (1-month USLIBOR x 0.70
+0.700%), 1/1/2024
|
4,992,150
|
600,000
|
|
Newark, NJ, UT GO Qualified General Improvement Refunding Bonds (Series 2020A), (Assured Guaranty Municipal Corp.
INS), 5.000%, 10/1/2025
|
721,326
|
500,000
|
|
Newark, NJ, UT GO Qualified General Improvement Refunding Bonds (Series 2020A), (Assured Guaranty Municipal Corp.
INS), 5.000%, 10/1/2026
|
615,485
|
625,000
|
|
Newark, NJ, UT GO Qualified General Improvement Refunding Bonds (Series 2020A), (Assured Guaranty Municipal Corp.
INS), 5.000%, 10/1/2027
|
784,262
|
1,300,000
|
|
Newark, NJ, UT GO Qualified General Improvement Refunding Bonds (Series 2020A), (Assured Guaranty Municipal Corp.
INS), 5.000%, 10/1/2028
|
1,652,495
|
500,000
|
|
Newark, NJ, UT GO Qualified School Refunding Bonds (Series 2020B), (Assured Guaranty Municipal Corp. INS),
5.000%, 10/1/2024
|
582,990
|
500,000
|
|
Newark, NJ, UT GO Qualified School Refunding Bonds (Series 2020B), (Assured Guaranty Municipal Corp. INS),
5.000%, 10/1/2025
|
601,105
|
1,000,000
|
|
Tobacco Settlement Financing Corp., NJ, Tobacco Settlement Asset-Backed Refunding Bonds (Series 2018A),
5.000%, 6/1/2022
|
1,069,820
|
2,500,000
|
|
Tobacco Settlement Financing Corp., NJ, Tobacco Settlement Asset-Backed Refunding Bonds (Series 2018A),
5.000%, 6/1/2023
|
2,775,475
|
2,000,000
|
|
Tobacco Settlement Financing Corp., NJ, Tobacco Settlement Asset-Backed Refunding Bonds (Series 2018A),
5.000%, 6/1/2024
|
2,295,900
|
|
|
TOTAL
|
43,111,728
|
|
|
New Mexico—1.1%
|
|
3,500,000
|
|
Farmington, NM (Public Service Co., NM), Pollution Control Revenue Refunding Bonds (Series 2010B) TOBs, 2.125%,
Mandatory Tender 6/1/2022
|
3,575,460
|
Principal
Amount
|
|
|
Value
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
New Mexico—continued
|
|
$4,000,000
|
|
Farmington, NM (Public Service Co., NM), Pollution Control Revenue Refunding Bonds San Juan Project (Series 2010D)
TOBs, 1.100%, Mandatory Tender 6/1/2023
|
$4,018,960
|
2,200,000
|
|
New Mexico Municipal Energy Acquisition Authority, Gas Supply Revenue Refunding and Acquisition Bonds (Series 2019A)
TOBs, (Royal Bank of Canada GTD), 5.000%, Mandatory Tender 5/1/2025
|
2,617,758
|
|
|
TOTAL
|
10,212,178
|
|
|
New York—3.9%
|
|
5,500,000
|
|
Chautauqua County, NY Capital Resource Corporation (NRG Energy, Inc.), Exempt Facilities Revenue Refunding Bonds
(Series 2020) TOBs, 1.278%, Mandatory Tender 4/3/2023
|
5,462,710
|
4,000,000
|
|
Long Island Power Authority, NY, Electric System General Revenue Bonds (Series 2019B) TOBs, 1.650%, Mandatory
Tender 9/1/2024
|
4,125,120
|
900,000
|
|
Long Island Power Authority, NY, Electric System General Revenue Bonds (Series 2020A), 5.000%, 9/1/2028
|
1,181,817
|
1,200,000
|
|
Long Island Power Authority, NY, Electric System General Revenue Bonds (Series 2020A), 5.000%, 9/1/2029
|
1,604,016
|
875,000
|
|
Long Island Power Authority, NY, Electric System General Revenue Bonds (Series 2020A), 5.000%, 9/1/2030
|
1,191,496
|
4,040,000
|
|
Long Island Power Authority, NY, Electric System General Revenue Bonds (Series 2020B) TOBs, 0.850%, Mandatory
Tender 9/1/2025
|
4,060,119
|
3,000,000
|
1
|
Metropolitan Transportation Authority, NY (MTA Transportation Revenue), Transportation Revenue Variable Rate
Refunding Bonds (Series 2002D-A2) FRNs, (Assured Guaranty Municipal Corp. INS), 0.787% (1-month USLIBOR x 0.69
+0.680%), Mandatory Tender 4/6/2021
|
2,971,620
|
5,000,000
|
1
|
Metropolitan Transportation Authority, NY (MTA Transportation Revenue), Transportation Revenue Variable Rate
Refunding Bonds (Series 2011B) FRNs, 0.654% (1-month USLIBOR x 0.67 +0.550%), Mandatory Tender 11/1/2022
|
4,729,900
|
3,000,000
|
|
New York City Housing Development Corp., Sustainable Neighborhood Bonds (Series 2019B-2) TOBs, 2.100%, Mandatory
Tender 7/3/2023
|
3,054,720
|
1,000,000
|
|
New York City, NY IDA (Yankee Stadium LLC), Pilot Revenue Refunding Bonds (Series 2020A), (Assured Guaranty
Municipal Corp. INS), 5.000%, 3/1/2028
|
1,255,690
|
1,500,000
|
|
New York City, NY IDA (Yankee Stadium LLC), Pilot Revenue Refunding Bonds (Series 2020A), (Assured Guaranty
Municipal Corp. INS), 5.000%, 3/1/2029
|
1,916,925
|
1,600,000
|
|
New York City, NY IDA (Yankee Stadium LLC), Pilot Revenue Refunding Bonds (Series 2020A), (Assured Guaranty
Municipal Corp. INS), 5.000%, 3/1/2030
|
2,069,984
|
2,500,000
|
|
New York State HFA, Affordable Housing Revenue Bonds (Series 2019F Group 3) TOBs, (New York State Mortgage Agency
GTD), 1.875%, Mandatory Tender 11/1/2021
|
2,501,825
|
|
|
TOTAL
|
36,125,942
|
|
|
North Carolina—1.5%
|
|
825,000
|
|
Columbus County, NC Industrial Facilities & Pollution Control Financing Authority (International Paper Co.), Environmental
Improvement Revenue Refunding Bonds (Series 2019A) TOBs, 2.000%, Mandatory Tender 10/1/2024
|
860,549
|
1,030,000
|
|
North Carolina HFA, Revenue Bonds (Series 2017 38-B), 4.000%, 7/1/2047
|
1,118,642
|
1,875,000
|
|
North Carolina State Grant Anticipation Revenue, Grant Anticipation Revenue Vehicle Bonds (Series 2019),
5.000%, 3/1/2025
|
2,256,075
|
1,600,000
|
|
North Carolina State Grant Anticipation Revenue, Grant Anticipation Revenue Vehicle Bonds (Series 2019),
5.000%, 3/1/2026
|
1,983,824
|
1,750,000
|
|
North Carolina State Turnpike Authority, Triangle Expressway System Senior Lien Turnpike Revenue Refunding Bonds
(Series 2018), 5.000%, 1/1/2027
|
2,115,575
|
1,000,000
|
|
North Carolina State Turnpike Authority, Triangle Expressway System Senior Lien Turnpike Revenue Refunding Bonds
(Series 2018), 5.000%, 1/1/2028
|
1,232,080
|
2,000,000
|
|
Wake County, NC, UT GO Refunding Bonds (Series 2020A), 5.000%, 4/1/2027
|
2,578,860
|
1,000,000
|
|
Wake County, NC, UT GO Refunding Bonds (Series 2020A), 5.000%, 4/1/2028
|
1,322,220
|
500,000
|
|
Wake County, NC, UT GO Refunding Bonds (Series 2020A), 5.000%, 4/1/2029
|
676,640
|
|
|
TOTAL
|
14,144,465
|
|
|
North Dakota—0.2%
|
|
2,200,000
|
|
Burleigh Co., ND Health Care Revenue (Missouri Slope North Campus), Healthcare BAN (Series 2020), 3.000%, 11/1/2021
|
2,157,606
|
|
|
Ohio—2.8%
|
|
3,500,000
|
|
Allen County, OH (Bon Secours Mercy Health), Hospital Facilities Revenue Bonds (Series 2017B) TOBs, 2.150%, Mandatory
Tender 5/5/2022
|
3,729,705
|
1,350,000
|
|
American Municipal Power-Ohio, Inc. (Combined Hydroelectric Projects), Revenue Refunding Bonds (Series 2020A),
5.000%, 2/15/2026
|
1,664,388
|
1,600,000
|
|
American Municipal Power-Ohio, Inc. (Combined Hydroelectric Projects), Revenue Refunding Bonds (Series 2020A),
5.000%, 2/15/2027
|
2,021,136
|
Principal
Amount
|
|
|
Value
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
Ohio—continued
|
|
$1,750,000
|
|
American Municipal Power-Ohio, Inc. (Combined Hydroelectric Projects), Revenue Refunding Bonds (Series 2020A),
5.000%, 2/15/2028
|
$2,258,690
|
1,500,000
|
|
American Municipal Power-Ohio, Inc., Revenue Refunding Bonds (Series 2017A), 5.000%, 2/15/2025
|
1,792,635
|
650,000
|
|
Cleveland, OH (Cleveland, OH Water), Water Revenue Bonds (Series 2020FF), 5.000%, 1/1/2026
|
804,694
|
950,000
|
|
Cleveland, OH (Cleveland, OH Water), Water Revenue Bonds (Series 2020FF), 5.000%, 1/1/2027
|
1,208,875
|
600,000
|
|
Cleveland, OH (Cleveland, OH Water), Water Revenue Bonds (Series 2020FF), 5.000%, 1/1/2028
|
783,684
|
1,100,000
|
|
Cleveland, OH (Cleveland, OH Water), Water Revenue Bonds (Series 2020FF), 5.000%, 1/1/2029
|
1,466,322
|
800,000
|
|
Cleveland, OH (Cleveland, OH Water), Water Revenue Bonds (Series 2020FF), 5.000%, 1/1/2030
|
1,089,968
|
500,000
|
|
Hamilton County, OH Hospital Facilities Authority (UC Health ), Revenue Bonds (Series 2014), 5.000%, 2/1/2023
|
550,350
|
3,500,000
|
|
Lancaster, OH Port Authority, Gas Supply Revenue Refunding Bonds (Series 2019) TOBs, (Royal Bank of Canada GTD),
5.000%, Mandatory Tender 2/1/2025
|
4,129,545
|
790,000
|
|
Lorain County, OH, (Series B) BANs, 1.300%, 2/6/2021
|
790,395
|
1,500,000
|
|
Ohio State Air Quality Development Authority (American Electric Power Co., Inc.), Air Quality Revenue Refunding Bonds
(Series 2014A) TOBs, 2.400%, Mandatory Tender 10/1/2029
|
1,552,185
|
455,000
|
|
Ohio State Hospital Revenue (University Hospitals Health System, Inc.), Hospital Revenue Bonds (Series 2020A),
5.000%, 1/15/2026
|
550,145
|
345,000
|
|
Ohio State Hospital Revenue (University Hospitals Health System, Inc.), Hospital Revenue Bonds (Series 2020A),
5.000%, 1/15/2027
|
426,975
|
1,000,000
|
|
Ohio State Hospital Revenue (University Hospitals Health System, Inc.), Hospital Revenue Bonds (Series 2020B) TOBs,
5.000%, Mandatory Tender 1/15/2025
|
1,170,340
|
|
|
TOTAL
|
25,990,032
|
|
|
Oklahoma—1.9%
|
|
2,285,000
|
|
Canadian County Educational Facilities Authority, OK (Mustang Public Schools), Educational Facilities Lease Revenue
Bonds (Series 2012), 4.500%, 9/1/2021
|
2,373,384
|
3,500,000
|
|
Cleveland County, OK Educational Facilities Authority (Norman Public Schools), Educational Facilities Lease Revenue
Bonds (Series 2019), 5.000%, 6/1/2024
|
4,028,955
|
3,200,000
|
|
Cleveland County, OK Educational Facilities Authority (Norman Public Schools), Educational Facilities Lease Revenue
Bonds (Series 2019), 5.000%, 6/1/2025
|
3,802,176
|
5,000,000
|
|
Oklahoma Development Finance Authority (Gilcrease Developers, LLC), Limited Obligation Revenue Bonds (Series 2020),
1.625%, 7/6/2023
|
4,992,550
|
1,850,000
|
|
Oklahoma Development Finance Authority (Waste Management, Inc.), Solid Waste Disposal Revenue Bonds
(Series 2004A), 2.375%, 12/1/2021
|
1,886,278
|
1,000,000
|
|
Tulsa County, OK Industrial Authority (Broken Arrow Public Schools), Educational Facilities Lease Revenue Bonds
(Series 2016), 5.000%, 9/1/2022
|
1,088,420
|
|
|
TOTAL
|
18,171,763
|
|
|
Oregon—1.3%
|
|
1,450,000
|
|
Port of Portland, OR Airport, Portland International Airport Revenue Bonds (Series Twenty-Seven A), 5.000%, 7/1/2026
|
1,770,696
|
1,700,000
|
|
Port of Portland, OR Airport, Portland International Airport Revenue Bonds (Series Twenty-Seven A), 5.000%, 7/1/2027
|
2,117,792
|
1,600,000
|
|
Port of Portland, OR Airport, Portland International Airport Revenue Bonds (Series Twenty-Seven A), 5.000%, 7/1/2028
|
2,023,984
|
2,635,000
|
|
Port of Portland, OR Airport, Portland International Airport Revenue Bonds (Series Twenty-Seven A), 5.000%, 7/1/2029
|
3,373,143
|
2,400,000
|
|
Port of Portland, OR Airport, Portland International Airport Revenue Bonds (Series Twenty-Seven A), 5.000%, 7/1/2030
|
3,106,560
|
|
|
TOTAL
|
12,392,175
|
|
|
Pennsylvania—6.4%
|
|
850,000
|
|
Allegheny County, PA Sanitation Authority, Sewer Revenue Refunding Bonds (Series 2016), (Assured Guaranty Municipal
Corp. INS), 5.000%, 12/1/2025
|
1,049,163
|
2,000,000
|
|
Berks County, PA Municipal Authority (Tower Health), Revenue Bonds (Series 2020B-1) TOBs, 5.000%, Mandatory
Tender 2/1/2025
|
2,169,140
|
2,000,000
|
|
Cumberland County, PA Municipal Authority (Diakon Lutheran Social Ministries), Revenue Bonds (Series 2015),
5.000%, 1/1/2021
|
2,013,180
|
1,115,000
|
|
Cumberland County, PA Municipal Authority (Diakon Lutheran Social Ministries), Revenue Bonds (Series of 2016),
5.000%, 1/1/2022
|
1,150,925
|
1,155,000
|
|
Cumberland County, PA Municipal Authority (Diakon Lutheran Social Ministries), Revenue Bonds (Series of 2016),
5.000%, 1/1/2024
|
1,244,478
|
500,000
|
|
East Hempfield Township, PA IDA (Willow Valley Retirement Communities), Revenue & Revenue Refunding Bonds
(Series 2016), 4.000%, 12/1/2020
|
502,225
|
Principal
Amount
|
|
|
Value
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
Pennsylvania—continued
|
|
$500,000
|
|
East Hempfield Township, PA IDA (Willow Valley Retirement Communities), Revenue & Revenue Refunding Bonds
(Series 2016), 5.000%, 12/1/2022
|
$538,445
|
750,000
|
|
East Hempfield Township, PA IDA (Willow Valley Retirement Communities), Revenue & Revenue Refunding Bonds
(Series 2016), 5.000%, 12/1/2023
|
832,275
|
12,500,000
|
1
|
Geisinger Authority, PA Health System (Geisinger Health System), Health System Revenue Bonds (Series 2014B) FRNs,
1.167% (1-month USLIBOR x 0.67 +1.070%), Mandatory Tender 6/1/2024
|
12,464,125
|
5,000,000
|
|
Lehigh County, PA IDA (PPL Electric Utilities Corp.), Pollution Control Revenue Refunding Bonds (Series 2016A) TOBs,
1.800%, Mandatory Tender 9/1/2022
|
5,060,750
|
2,250,000
|
1
|
Montgomery County, PA Higher Education & Health Authority Hospital (Thomas Jefferson University), Revenue Bonds
(Series 2018C) FRNs, 0.840% (SIFMA 7-day +0.720%), Mandatory Tender 9/1/2023
|
2,248,627
|
1,000,000
|
1
|
Northampton County, PA General Purpose Authority (St. Luke's University Health Network), Variable Rate Hospital
Revenue Bonds (Series 2018B) FRNs, 1.149% (1-month USLIBOR x 0.70 +1.040%), Mandatory Tender 8/15/2024
|
996,400
|
6,500,000
|
|
Pennsylvania Economic Development Financing Authority (Waste Management, Inc.), Solid Waste Disposal Revenue Bonds
(Series 2011) TOBs, 2.150%, Mandatory Tender 7/1/2024
|
6,786,455
|
2,000,000
|
|
Pennsylvania Economic Development Financing Authority (Waste Management, Inc.), Solid Waste Disposal Revenue Bonds
(Series 2017A) TOBs, 0.700%, Mandatory Tender 8/2/2021
|
2,001,660
|
2,000,000
|
|
Pennsylvania EDFA (Waste Management, Inc.), Solid Waste Disposal Revenue Bonds (Series 2004A), 1.850%, 11/1/2021
|
2,025,140
|
2,000,000
|
1
|
Pennsylvania HFA, SFM Revenue Bonds (Series 2018-127C) FRNs, 0.676% (1-month USLIBOR x 0.70 +0.570%), Mandatory
Tender 10/1/2023
|
1,998,020
|
1,500,000
|
|
Pennsylvania State Higher Education Facilities Authority (University of the Sciences in Philadelphia), Revenue Refunding
Bonds (Series 2015A), 5.000%, 11/1/2023
|
1,601,745
|
250,000
|
|
Pennsylvania State Turnpike Commission, Turnpike Revenue Bonds (Series 2020B), 5.000%, 12/1/2026
|
316,713
|
400,000
|
|
Pennsylvania State Turnpike Commission, Turnpike Revenue Bonds (Series 2020B), 5.000%, 12/1/2027
|
517,968
|
500,000
|
|
Pennsylvania State Turnpike Commission, Turnpike Revenue Bonds (Series 2020B), 5.000%, 12/1/2028
|
658,045
|
750,000
|
|
Pennsylvania State Turnpike Commission, Turnpike Revenue Bonds (Series 2020B), 5.000%, 12/1/2029
|
997,185
|
525,000
|
|
Pennsylvania State Turnpike Commission, Turnpike Revenue Bonds (Series 2020B), 5.000%, 12/1/2030
|
710,777
|
5,000,000
|
1
|
Pennsylvania State Turnpike Commission, Variable Rate Turnpike Revenue Bonds (SIFMA Index Bonds)(Series 2014B) FRNs,
1.100% (SIFMA 7-day +0.980%), 12/1/2021
|
5,020,950
|
1,700,000
|
|
Philadelphia, PA Gas Works, 1998 General Ordinance Revenue Refunding Bonds (14th Series 2016), 5.000%, 10/1/2021
|
1,775,820
|
1,000,000
|
|
Philadelphia, PA, GO Bonds (Series 2019B), 5.000%, 2/1/2025
|
1,182,200
|
1,000,000
|
|
Philadelphia, PA, GO Bonds (Series 2019B), 5.000%, 2/1/2026
|
1,217,470
|
1,250,000
|
|
Philadelphia, PA, GO Bonds (Series 2019B), 5.000%, 2/1/2027
|
1,560,800
|
1,470,000
|
1
|
Scranton, PA School District, GO Notes (Series 2014) (LIBOR Floating Rate Tender Notes) FRNs, (Pennsylvania School
District Intercept Program GTD), 0.955% (1-month USLIBOR x 0.68 +0.850%), Mandatory Tender 4/1/2021
|
1,468,045
|
|
|
TOTAL
|
60,108,726
|
|
|
Rhode Island—1.1%
|
|
2,250,000
|
|
Rhode Island State Health and Educational Building Corp. (Lifespan Obligated Group), Hospital Financing Revenue
Refunding Bonds (Series 2016), 5.000%, 5/15/2021
|
2,301,727
|
2,250,000
|
|
Rhode Island State Health and Educational Building Corp. (Lifespan Obligated Group), Hospital Financing Revenue
Refunding Bonds (Series 2016), 5.000%, 5/15/2022
|
2,384,820
|
2,000,000
|
|
Rhode Island State Health and Educational Building Corp. (Lifespan Obligated Group), Hospital Financing Revenue
Refunding Bonds (Series 2016), 5.000%, 5/15/2023
|
2,186,320
|
3,285,000
|
|
Rhode Island State Health and Educational Building Corp. (Lifespan Obligated Group), Hospital Financing Revenue
Refunding Bonds (Series 2016), 5.000%, 5/15/2024
|
3,686,953
|
|
|
TOTAL
|
10,559,820
|
|
|
South Carolina—0.9%
|
|
1,000,000
|
|
Charleston County, SC Special Source, Revenue Bonds (Series 2013), 5.000%, 12/1/2020
|
1,007,990
|
7,200,000
|
|
Laurens County, SC Water and Sewer Commission, Waterworks Distribution System Bond Anticipation Notes (Series 2020),
1.375%, 2/1/2022
|
7,249,608
|
|
|
TOTAL
|
8,257,598
|
|
|
South Dakota—0.1%
|
|
750,000
|
|
Educational Enhancement Funding Corp., SD, Tobacco Settlement Revenue Bonds (Series 2013B), 5.000%, 6/1/2023
|
836,063
|
|
|
Tennessee—1.4%
|
|
11,300,000
|
|
Tennergy Corp., TN Gas Revenue, Gas Supply Revenue Bonds (Series 2019A) TOBs, (Royal Bank of Canada GTD), 5.000%,
Mandatory Tender 10/1/2024
|
13,178,851
|
Principal
Amount
|
|
|
Value
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
Tennessee—continued
|
|
$330,000
|
|
Tennessee Housing Development Agency, Revenue Refunding Bonds (Series 220142C), 4.000%, 1/1/2045
|
$350,038
|
|
|
TOTAL
|
13,528,889
|
|
|
Texas—16.1%
|
|
1,500,000
|
|
Alvin, TX Independent School District, Variable Rate Unlimited Tax Schoolhouse Bonds (Series 2014B) TOBs, (Texas
Permanent School Fund Guarantee Program GTD), 0.450%, Mandatory Tender 8/15/2023
|
1,498,590
|
600,000
|
|
Austin, TX Airport System, Revenue Bonds (Series 2019B), 5.000%, 11/15/2024
|
701,010
|
650,000
|
|
Austin, TX Airport System, Revenue Bonds (Series 2019B), 5.000%, 11/15/2025
|
780,721
|
1,000,000
|
|
Austin, TX Airport System, Revenue Bonds (Series 2019B), 5.000%, 11/15/2026
|
1,227,330
|
5,000,000
|
|
Central Texas Regional Mobility Authority, Senior Lien Revenue & Refunding Bonds (Series 2015B) TOBs, 5.000%,
Mandatory Tender 1/7/2021
|
5,014,000
|
1,400,000
|
|
Central Texas Regional Mobility Authority, Senior Lien Revenue Refunding Bonds (Series 2013A), 5.000%, 1/1/2021
|
1,415,778
|
1,500,000
|
|
Dallas, TX Area Rapid Transit, Revenue Refunding Bonds (Series 2016B), 5.000%, 12/1/2022
|
1,655,535
|
9,000,000
|
|
Denton, TX Independent School District, Variable Rate UT GO School Building Bonds (Series 2014-B) TOBs, (Texas
Permanent School Fund Guarantee Program INS), 2.000%, Mandatory Tender 8/1/2024
|
9,513,270
|
6,580,000
|
|
Eagle Mountain-Saginaw, TX Independent School District, Variable Rate Unlimited Tax School Building Bonds (Series 2011)
TOBs, (Texas Permanent School Fund Guarantee Program GTD), 2.000%, Mandatory Tender 8/1/2024
|
6,934,662
|
3,000,000
|
|
Eanes, TX Independent School District, Variable Rate UT School Building Bonds (Series 2019B) TOBs, (Texas Permanent
School Fund Guarantee Program GTD), 1.750%, Mandatory Tender 8/1/2025
|
3,124,050
|
5,920,000
|
|
Fort Bend, TX Independent School District, UT GO Refunding Bonds (Series 2019A) TOBs, (Texas Permanent School Fund
Guarantee Program GTD), 1.950%, Mandatory Tender 8/1/2022
|
6,100,382
|
2,500,000
|
|
Fort Bend, TX Independent School District, Variable Rate Unlimited Tax School Building and Refunding Bonds
(Series 2020B) TOBs, (Texas Permanent School Fund Guarantee Program GTD), 0.875%, Mandatory Tender 8/1/2025
|
2,520,100
|
2,500,000
|
|
Georgetown, TX Independent School District, Variable Rate Unlimited Tax School Building Bonds (Series 2019B) TOBs,
(Texas Permanent School Fund Guarantee Program GTD), 2.750%, Mandatory Tender 8/1/2022
|
2,612,675
|
2,900,000
|
|
Harlandale, TX Independent School District, Fixed and Variable Rate Unlimited Tax Refunding Bonds (Series 2020) TOBs,
(Texas Permanent School Fund Guarantee Program GTD), 0.750%, Mandatory Tender 8/15/2025
|
2,900,638
|
5,635,000
|
1
|
Harris County, TX Cultural Education Facilities Finance Corp. (Memorial Hermann Health System), Hospital Revenue
Refunding Bonds (Series 2013B) FRNs, 1.020% (SIFMA 7-day +0.900%), 6/1/2022
|
5,656,807
|
4,500,000
|
1
|
Harris County, TX Cultural Education Facilities Finance Corp. (Memorial Hermann Health System), Hospital Revenue
Refunding Bonds (Series 2013B) FRNs, 1.070% (SIFMA 7-day +0.950%), 6/1/2023
|
4,529,655
|
5,685,000
|
1
|
Harris County, TX Cultural Education Facilities Finance Corp. (Memorial Hermann Health System), Hospital Revenue
Refunding Bonds (Series 2013B) FRNs, 1.170% (SIFMA 7-day +1.050%), 6/1/2024
|
5,756,802
|
5,000,000
|
|
Harris County, TX Education Facilities Finance Corp. (Texas Children's Hospital), Hospital Revenue Bonds (Series 2019B)
TOBs, 4.918%, Mandatory Tender 10/1/2024
|
5,875,250
|
2,000,000
|
|
Hutto, TX Independent School District, Unlimited Tax School Building Bonds (Series 2017) TOBs, (Texas Permanent School
Fund Guarantee Program GTD), 2.000%, Mandatory Tender 8/1/2025
|
2,129,620
|
1,905,000
|
1
|
Irving, TX Hospital Authority (Baylor Scott & White Medical Center, Irving), Hospital Revenue Bonds (Series 2017B) FRNs,
1.220% (SIFMA 7-day +1.100%), Mandatory Tender 10/15/2023
|
1,954,700
|
1,500,000
|
|
Lower Colorado River Authority, TX (LCRA Transmission Services Corp.), Transmission Contract Refunding Revenue Bonds
(Series 2019), 5.000%, 5/15/2024
|
1,742,820
|
1,000,000
|
|
Lower Colorado River Authority, TX (LCRA Transmission Services Corp.), Transmission Contract Refunding Revenue Bonds
(Series 2019), 5.000%, 5/15/2025
|
1,200,660
|
750,000
|
|
Lower Colorado River Authority, TX (LCRA Transmission Services Corp.), Transmission Contract Refunding Revenue Bonds
(Series 2019), 5.000%, 5/15/2026
|
925,995
|
1,000,000
|
|
Lower Colorado River Authority, TX (LCRA Transmission Services Corp.), Transmission Contract Refunding Revenue Bonds
(Series 2019), 5.000%, 5/15/2027
|
1,266,980
|
1,000,000
|
|
Lower Colorado River Authority, TX (LCRA Transmission Services Corp.), Transmission Contract Refunding Revenue Bonds
(Series 2019), 5.000%, 5/15/2028
|
1,295,740
|
1,000,000
|
|
Lower Colorado River Authority, TX (LCRA Transmission Services Corp.), Transmission Contract Refunding Revenue Bonds
(Series 2020), 5.000%, 5/15/2025
|
1,200,660
|
1,250,000
|
|
Lower Colorado River Authority, TX (LCRA Transmission Services Corp.), Transmission Contract Refunding Revenue Bonds
(Series 2020), 5.000%, 5/15/2026
|
1,543,325
|
2,300,000
|
|
Matagorda County, TX Navigation District No. 1 (AEP Texas, Inc.), Pollution Control Revenue Refunding Bonds
(Series 2001A), 2.600%, 11/1/2029
|
2,437,494
|
7,535,000
|
|
Midlothian, TX Independent School District, Variable Rate Unlimited Tax Refunding Bonds (Series 2013C) TOBs, (Texas
Permanent School Fund Guarantee Program GTD), 2.000%, Mandatory Tender 8/1/2024
|
7,955,905
|
Principal
Amount
|
|
|
Value
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
Texas—continued
|
|
$3,000,000
|
|
Midlothian, TX Independent School District, Variable Rate Unlimited Tax School Building Bonds (Series 2017B) TOBs,
(Texas Permanent School Fund Guarantee Program GTD), 2.000%, Mandatory Tender 8/1/2023
|
$3,131,340
|
3,000,000
|
|
Mission, TX Economic Development Corp. (Republic Services, Inc.), (Series 2020 A) TOBs, 0.500%, Mandatory
Tender 11/2/2020
|
3,000,690
|
5,400,000
|
|
Mission, TX Economic Development Corp. (Waste Management, Inc.), (Series A) TOBs, 0.400%, Mandatory
Tender 12/1/2020
|
5,400,162
|
855,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Longhorn Village), Retirement Facilities Revenue Bonds
(Series 2017), 5.000%, 1/1/2022
|
880,308
|
945,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Longhorn Village), Retirement Facilities Revenue Bonds
(Series 2017), 5.000%, 1/1/2024
|
1,013,012
|
980,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Longhorn Village), Retirement Facilities Revenue Bonds
(Series 2017), 5.000%, 1/1/2025
|
1,068,602
|
735,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Westminster Manor), Revenue Bonds (Series 2016),
4.000%, 11/1/2021
|
751,817
|
500,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Westminster Manor), Revenue Bonds (Series 2016),
5.000%, 11/1/2023
|
545,375
|
625,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Westminster Manor), Revenue Bonds (Series 2016),
5.000%, 11/1/2024
|
699,413
|
1,105,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Westminster Manor), Revenue Bonds (Series 2016),
5.000%, 11/1/2025
|
1,255,225
|
1,500,000
|
|
North East, TX Independent School District, Variable Rate UT GO Refunding Bonds (Series 2019) TOBs, (Texas Permanent
School Fund Guarantee Program GTD), 2.200%, Mandatory Tender 8/1/2024
|
1,586,925
|
1,400,000
|
|
North Texas Tollway Authority, First Tier Revenue Refunding Bonds (Series 2017A), 5.000%, 1/1/2025
|
1,541,344
|
2,000,000
|
|
North Texas Tollway Authority, Second Tier Revenue Refunding Bonds (Series 2019B), 5.000%, 1/1/2025
|
2,359,880
|
2,500,000
|
|
North Texas Tollway Authority, Second Tier Revenue Refunding Bonds (Series 2019B), 5.000%, 1/1/2026
|
3,029,775
|
2,500,000
|
|
North Texas Tollway Authority, Second Tier Revenue Refunding Bonds (Series 2019B), 5.000%, 1/1/2027
|
3,106,550
|
7,945,000
|
|
Northside, TX Independent School District, Variable Rate UT GO School Building and Refunding Bonds (Series 2019)
TOBs, (Texas Permanent School Fund Guarantee Program GTD), 1.600%, Mandatory Tender 8/1/2024
|
8,256,126
|
6,000,000
|
|
Pflugerville, TX Independent School District, Variable Rate UT School Building Bonds (Series 2019B) TOBs, (Texas
Permanent School Fund Guarantee Program GTD), 2.500%, Mandatory Tender 8/15/2023
|
6,328,560
|
2,500,000
|
|
Prosper, TX Independent School District, Adjustable Rate UT School Building Bonds (Series 2019B) TOBs, (Texas
Permanent School Fund Guarantee Program GTD), 2.000%, Mandatory Tender 8/15/2023
|
2,599,200
|
550,000
|
|
Sam Rayburn, TX Municipal Power Agency, Power Supply System Revenue Refunding Bonds (Series 2012),
5.000%, 10/1/2021
|
574,365
|
7,500,000
|
|
San Antonio, TX Electric & Gas System, Variable Rate Junior Lien Revenue Refunding Bonds (Series 2020) TOBs, 1.750%,
Mandatory Tender 12/1/2025
|
7,832,700
|
4,000,000
|
|
San Antonio, TX Water System, Water System Variable Rate Junior Lien Revenue Bonds (Series 2019A) TOBs, 2.625%,
Mandatory Tender 5/1/2024
|
4,271,720
|
|
|
TOTAL
|
150,704,243
|
|
|
Utah—0.5%
|
|
4,000,000
|
|
Utah County, UT Hospital Revenue (IHC Health Services, Inc.), Revenue Bonds (Series 2020 B-2) TOBs, 5.000%, Mandatory
Tender 8/1/2026
|
4,995,160
|
|
|
Virginia—2.3%
|
|
4,500,000
|
|
Chesapeake Bay Bridge & Tunnel District, VA, First Tier General Resolution Revenue Bonds Anticipation Notes
(Series 2019), 5.000%, 11/1/2023
|
5,047,425
|
7,500,000
|
|
Louisa, VA IDA (Virginia Electric & Power Co.), PCR Refunding Bonds (Series 2008A) TOBs, 1.900%, Mandatory
Tender 6/1/2023
|
7,752,750
|
2,500,000
|
|
Virginia State Public Building Authority Public Facilities, Public Facilities Revenue Refunding Bonds (Series 2020B),
5.000%, 8/1/2025
|
3,065,050
|
1,500,000
|
|
Virginia State Public Building Authority Public Facilities, Public Facilities Revenue Refunding Bonds (Series 2020B),
5.000%, 8/1/2030
|
2,069,670
|
3,750,000
|
|
Wise County, VA IDA (Virginia Electric & Power Co.), (Series 2010A) TOBs, 1.200%, Mandatory Tender 5/31/2024
|
3,815,475
|
|
|
TOTAL
|
21,750,370
|
|
|
Washington—3.3%
|
|
1,000,000
|
|
Energy Northwest, WA, Columbia Generating Station Electric Revenue Refunding Bonds (Series 2020A), 5.000%, 7/1/2030
|
1,374,150
|
2,000,000
|
|
Energy Northwest, WA, Project 1 Electric Revenue Refunding Bonds (Series 2017-A), 5.000%, 7/1/2026
|
2,160,440
|
Principal
Amount
|
|
|
Value
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
Washington—continued
|
|
$1,250,000
|
|
Energy Northwest, WA, Project 1 Electric Revenue Refunding Bonds (Series 2020A), 5.000%, 7/1/2027
|
$1,616,263
|
1,000,000
|
|
Energy Northwest, WA, Project 1 Electric Revenue Refunding Bonds (Series 2020A), 5.000%, 7/1/2028
|
1,320,940
|
1,750,000
|
|
Port of Seattle, WA Revenue, Intermediate Lien Revenue Bonds (Series 2019), 5.000%, 4/1/2022
|
1,871,135
|
2,000,000
|
|
Port of Seattle, WA Revenue, Intermediate Lien Revenue Bonds (Series 2019), 5.000%, 4/1/2023
|
2,212,340
|
1,500,000
|
|
Port of Seattle, WA Revenue, Intermediate Lien Revenue Bonds (Series 2019), 5.000%, 4/1/2024
|
1,718,220
|
1,825,000
|
|
Port of Seattle, WA Revenue, Intermediate Lien Revenue Bonds (Series 2019), 5.000%, 4/1/2025
|
2,153,062
|
2,000,000
|
|
Port of Seattle, WA Revenue, Intermediate Lien Revenue Bonds (Series 2019), 5.000%, 4/1/2026
|
2,413,340
|
2,000,000
|
1
|
Seattle, WA Municipal Light & Power, Refunding Revenue Bonds—SIFMA Index (Series 2018C) FRNs, 0.610% (SIFMA 7-
day +0.490%), Mandatory Tender 11/1/2023
|
2,006,700
|
1,500,000
|
|
Seattle, WA Municipal Light & Power, Revenue Refunding Bonds (Series 2016C), 5.000%, 10/1/2023
|
1,715,235
|
3,760,000
|
1
|
Washington State Health Care Facilities Authority (Fred Hutchinson Cancer Research Center), Variable Rate LIBOR Index
Revenue Bonds (Series 2017B) FRNs, 1.201% (1-month USLIBOR x 0.67 +1.100%), Mandatory Tender 7/1/2022
|
3,782,823
|
3,000,000
|
1
|
Washington State Health Care Facilities Authority (Fred Hutchinson Cancer Research Center), Variable Rate SIFMA Index
Revenue Bonds (Series 2017C) FRNs, 1.170% (SIFMA 7-day +1.050%), Mandatory Tender 7/3/2023
|
3,029,460
|
3,000,000
|
|
Washington State Health Care Facilities Authority (Providence St. Joseph Health), Revenue Bonds (Series 2012B) TOBs,
5.000%, Mandatory Tender 10/1/2021
|
3,134,730
|
|
|
TOTAL
|
30,508,838
|
|
|
West Virginia—0.4%
|
|
4,000,000
|
|
West Virginia EDA Solid Waste Disposal Facilities (Appalachian Power Co.), Revenue Refunding Bonds Amos Project
(Series 2015A) TOBs, 2.550%, Mandatory Tender 4/1/2024
|
4,206,960
|
|
|
Wisconsin—0.1%
|
|
1,310,000
|
|
Wisconsin Health & Educational Facilities Authority (Gundersen Lutheran), Revenue Bonds (Series 2011A),
5.000%, 10/15/2020
|
1,312,109
|
|
|
Wyoming—0.3%
|
|
3,000,000
|
|
Sweetwater County, WY PCRB (Idaho Power Co.), PCR Refunding Bonds (Series 2006), 1.700%, 7/15/2026
|
3,117,360
|
|
|
TOTAL MUNICIPAL BONDS
(IDENTIFIED COST $830,930,933)
|
849,394,665
|
|
1
|
SHORT-TERM MUNICIPALS—9.8%
|
|
|
|
Alabama—0.3%
|
|
2,400,000
|
|
Wilsonville, AL IDB (Alabama Power Co.), (Series D) (Gaston Plant) Daily VRDNs, 0.150%, 10/1/2020
|
2,400,000
|
|
|
California—2.6%
|
|
17,600,000
|
|
Nuveen California AMT-Free Quality Municipal Income Fund, (Series A) Weekly VRDNs, 0.680%, 10/1/2020
|
17,600,000
|
6,700,000
|
|
Nuveen California Quality Municipal Income Fund, PUTTERs 3a-7 (Series 5038) (VRDP Series 5) Daily VRDNs, (JPMorgan
Chase Bank, N.A. LIQ), 0.290%, 10/1/2020
|
6,700,000
|
|
|
TOTAL
|
24,300,000
|
|
|
Georgia—1.0%
|
|
1,300,000
|
|
Appling County, GA Development Authority (Georgia Power Co.), (First Series 2011) Daily VRDNs, 0.170%, 10/1/2020
|
1,300,000
|
2,000,000
|
|
Burke County, GA Development Authority (Georgia Power Co.), (1st Series 2009) Daily VRDNs, 0.160%, 10/1/2020
|
2,000,000
|
5,250,000
|
|
Burke County, GA Development Authority (Georgia Power Co.), (2018 1st Series) Daily VRDNs, 0.160%, 10/1/2020
|
5,250,000
|
800,000
|
|
Monroe County, GA Development Authority Pollution Control (Georgia Power Co.), (First Series 2008) Daily VRDNs,
0.170%, 10/1/2020
|
800,000
|
|
|
TOTAL
|
9,350,000
|
|
|
New York—0.3%
|
|
1,850,000
|
|
New York City, NY, (Series B-3) Weekly VRENs, 0.360%, 10/1/2020
|
1,850,000
|
1,400,000
|
|
New York State Mortgage Agency, (Series 135) Daily VRDNs, (Barclays Bank plc LIQ), 0.160%, 10/1/2020
|
1,400,000
|
|
|
TOTAL
|
3,250,000
|
|
|
Texas—4.6%
|
|
1,500,000
|
|
Port of Corpus Christi Authority of Nueces County, TX (Flint Hills Resources LLC), (Series 2002A) Weekly VRDNs,
0.300%, 10/7/2020
|
1,500,000
|
3,000,000
|
|
Port of Port Arthur Navigation District of Jefferson County, TX (BASF Corp.), (Series 1998) Weekly VRDNs, (BASF SE GTD),
0.300%, 10/7/2020
|
3,000,000
|
2,700,000
|
|
Port of Port Arthur Navigation District of Jefferson County, TX (Motiva Enterprises LLC), (Series 2010A) Daily VRDNs,
0.170%, 10/1/2020
|
2,700,000
|
Principal
Amount
|
|
|
Value
|
|
1
|
SHORT-TERM MUNICIPALS—continued
|
|
|
|
Texas—continued
|
|
$15,995,000
|
|
Port of Port Arthur Navigation District of Jefferson County, TX (Motiva Enterprises LLC), (Series 2010B) Daily VRDNs,
0.170%, 10/1/2020
|
$15,995,000
|
15,675,000
|
|
Port of Port Arthur Navigation District of Jefferson County, TX (Motiva Enterprises LLC), (Series 2010C) Daily VRDNs,
0.190%, 10/1/2020
|
15,675,000
|
4,600,000
|
|
Port of Port Arthur Navigation District of Jefferson County, TX (Motiva Enterprises LLC), (Series 2010D) Weekly VRDNs,
0.400%, 10/7/2020
|
4,600,000
|
|
|
TOTAL
|
43,470,000
|
|
|
Utah—0.1%
|
|
1,450,000
|
|
Weber County, UT (IHC Health Services, Inc.), (Series 2000B) Weekly VRDNs, (U.S. Bank, N.A. LIQ), 0.080%, 10/7/2020
|
1,450,000
|
|
|
Wisconsin—0.5%
|
|
4,500,000
|
|
Wisconsin State HEFA (Marshfield Clinic), (Series 2020C) Weekly VRENs, 0.370%, 10/1/2020
|
4,500,000
|
|
|
Wyoming—0.4%
|
|
3,500,000
|
|
Sublette County, WY (Exxon Capital Ventures, Inc.), (Series 2014) Daily VRDNs, (Exxon Mobil Corp. GTD),
0.160%, 10/1/2020
|
3,500,000
|
|
|
TOTAL SHORT-TERM MUNICIPALS
(IDENTIFIED COST $92,220,000)
|
92,220,000
|
|
|
TOTAL INVESTMENT IN SECURITIES—100.5%
(IDENTIFIED COST $923,150,933)
|
941,614,665
|
|
|
OTHER ASSETS AND LIABILITIES - NET—(0.5)%3
|
(5,016,506)
|
|
|
TOTAL NET ASSETS—100%
|
$936,598,159
|
Security
|
Acquisition
Date
|
Acquisition
Cost
|
Value
|
California Municipal Finance Authority (Waste Management, Inc.), Solid Waste Disposal Revenue Bonds
(Series 2009A) TOBs, 1.300%, Mandatory Tender 2/3/2025
|
1/30/2020
|
$1,500,000
|
$1,516,485
|
California PCFA (Republic Services, Inc.), Solid Waste Refunding Revenue Bonds (Series 2010A) TOBs, 0.500%,
Mandatory Tender 11/2/2020
|
7/31/2020
|
$4,000,000
|
$4,000,920
|
BANs
|
—Bond Anticipation Notes
|
COL
|
—Collateralized
|
EDA
|
—Economic Development Authority
|
EDFA
|
—Economic Development Finance Authority
|
FRNs
|
—Floating Rate Notes
|
GNMA
|
—Government National Mortgage Association
|
GO
|
—General Obligation
|
GTD
|
—Guaranteed
|
HEFA
|
—Health and Education Facilities Authority
|
HFA
|
—Housing Finance Authority
|
IDA
|
—Industrial Development Authority
|
IDB
|
—Industrial Development Bond
|
INS
|
—Insured
|
LIBOR
|
—London Interbank Offered Rate
|
LIQ
|
—Liquidity Agreement
|
LT
|
—Limited Tax
|
PCFA
|
—Pollution Control Finance Authority
|
PCR
|
—Pollution Control Revenue
|
PILOT
|
—Payment in Lieu of Taxes
|
PUTTERs
|
—Puttable Tax-Exempt Receipts
|
SFM
|
—Single Family Mortgage
|
SIFMA
|
—Securities Industry and Financial Markets Association
|
TEMPS
|
—Tax Exempt Mandatory Paydown Securities
|
TOBs
|
—Tender Option Bonds
|
UT
|
—Unlimited Tax
|
VRDNs
|
—Variable Rate Demand Notes
|
VRDPs
|
—Variable Rate Demand Purchases
|
VRENs
|
—Variable Rate Extendible Notes
|