|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—87.1%
|
|
|
|
|
Alabama—1.9%
|
|
|
$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
|
$7,412,265
|
|
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
|
1,160,512
|
|
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
|
9,114,803
|
|
2,500,000
|
|
Mobile, AL IDB (Alabama Power Co.), PCR Bonds (Series 2007A) TOBs, 1.000%, Mandatory Tender 6/26/2025
|
2,528,091
|
|
450,000
|
|
Prattville, AL IDB (International Paper Co.), Environmental Improvement Revenue Refunding Bonds (Series 2019B) TOBs,
2.000%, Mandatory Tender 10/1/2024
|
468,701
|
|
425,000
|
|
Prattville, AL IDB (International Paper Co.), Recovery Zone Facility Revenue Refunding Bonds (Series 2019C) TOBs,
2.000%, Mandatory Tender 10/1/2024
|
442,662
|
|
|
|
TOTAL
|
21,127,034
|
|
|
|
Alaska—0.4%
|
|
|
1,250,000
|
|
Alaska International Airports System, Revenue Refunding Bonds (Series 2016A), 5.000%, 10/1/2024
|
1,437,578
|
|
1,010,000
|
|
Alaska State Housing Finance Corp., Revenue Bonds (Series 2013A), 5.000%, 12/1/2022
|
1,066,412
|
|
1,550,000
|
|
Anchorage, AK Electric Utility System, Senior Lien Revenue Refunding Bonds (Series 2014A), (United States Treasury COL),
5.000%, 12/1/2022
|
1,672,365
|
|
|
|
TOTAL
|
4,176,355
|
|
|
|
Arizona—1.1%
|
|
|
3,330,000
|
|
Chandler, AZ IDA (Intel Corp.), Industrial Development Revenue Bonds (Series 2019) TOBs, 5.000%, Mandatory
Tender 6/3/2024
|
3,780,683
|
|
1,750,000
|
|
Phoenix, AZ Civic Improvement Corp.—Airport System, Junior Lien Airport Revenue Bonds (Series 2019B),
5.000%, 7/1/2023
|
1,925,296
|
|
1,000,000
|
|
Phoenix, AZ Civic Improvement Corp.—Airport System, Junior Lien Airport Revenue Bonds (Series 2019B),
5.000%, 7/1/2024
|
1,138,254
|
|
1,500,000
|
|
Phoenix, AZ Civic Improvement Corp.—Airport System, Junior Lien Airport Revenue Bonds (Series 2019B),
5.000%, 7/1/2025
|
1,757,899
|
|
3,000,000
|
|
Tempe, AZ IDA (Mirabella at ASU), Revenue Bonds (Series 2017B), (Original Issue Yield: 4.750%), 4.700%, 10/1/2024
|
3,001,620
|
|
|
|
TOTAL
|
11,603,752
|
|
|
|
California—6.2%
|
|
|
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, 1.150% (SIFMA 7-day +1.100%), Mandatory Tender 4/1/2024
|
5,104,111
|
|
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, 1.150% (SIFMA 7-day +1.100%), Mandatory Tender 4/1/2024
|
10,209,509
|
|
2,045,000
|
|
California Health Facilities Financing Authority (Kaiser Permanente), Revenue Bonds (Series 2017C) TOBs, 5.000%,
Mandatory Tender 11/1/2022
|
2,199,344
|
|
10,000,000
|
|
California Infrastructure & Economic Development Bank (Los Angeles County Museum of Art), Refunding Revenue Bonds
(Series 2021A) TOBs, 1.200%, Mandatory Tender 6/1/2028
|
9,858,063
|
|
1,000,000
|
|
California Municipal Finance Authority (Community Medical Centers), Revenue Refunding Bonds (Series 2017A),
5.000%, 2/1/2022
|
1,037,547
|
|
2,000,000
|
|
California Municipal Finance Authority (Community Medical Centers), Revenue Refunding Bonds (Series 2017A),
5.000%, 2/1/2023
|
2,158,466
|
|
2,000,000
|
|
California Municipal Finance Authority (Community Medical Centers), Revenue Refunding Bonds (Series 2017A),
5.000%, 2/1/2024
|
2,235,762
|
|
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
|
1,534,503
|
|
2,500,000
|
2
|
California Municipal Finance Authority (Waste Management, Inc.), Solid Waste Disposal Revenue Bonds (Series 2017A)
TOBs, 0.700%, Mandatory Tender 12/1/2023
|
2,521,116
|
|
3,750,000
|
|
California State, UT GO Various Purpose Bonds, 5.000%, 3/1/2029
|
4,891,359
|
|
2,500,000
|
|
California State, UT GO Various Purpose Bonds, 5.000%, 3/1/2030
|
3,311,935
|
|
1,000,000
|
|
California State, Various Purpose GO Bonds (Series 2020-1), 5.000%, 11/1/2027
|
1,268,213
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
California—continued
|
|
|
$1,000,000
|
|
California State, Various Purpose GO Refunding Bonds (Series 2020-2), 5.000%, 11/1/2026
|
$1,240,506
|
|
2,000,000
|
|
California State, Various Purpose GO Refunding Bonds (Series 2020-2), 5.000%, 11/1/2028
|
2,591,440
|
|
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
|
2,705,629
|
|
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
|
3,775,813
|
|
1,230,000
|
|
Los Angeles, CA Department of Airports (Los Angeles International Airport), Subordinate Revenue Refunding Bonds
(Series 2021A), 5.000%, 5/15/2027
|
1,521,644
|
|
1,250,000
|
|
Los Angeles, CA Department of Airports (Los Angeles International Airport), Subordinate Revenue Refunding Bonds
(Series 2021A), 5.000%, 5/15/2028
|
1,573,456
|
|
1,410,000
|
|
Los Angeles, CA Department of Airports (Los Angeles International Airport), Subordinate Revenue Refunding Bonds
(Series 2021A), 5.000%, 5/15/2029
|
1,803,581
|
|
2,150,000
|
|
Los Angeles, CA Department of Airports (Los Angeles International Airport), Subordinate Revenue Refunding Bonds
(Series 2021A), 5.000%, 5/15/2030
|
2,790,408
|
|
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
|
2,257,455
|
|
2,000,000
|
|
Western Placer, CA Unified School District, Community Facilities District No. 2 2020 Bond Anticipation Notes,
2.000%, 6/1/2025
|
2,054,545
|
|
|
|
TOTAL
|
68,644,405
|
|
|
|
Colorado—1.3%
|
|
|
400,000
|
|
Colorado Health Facilities Authority (Christian Living Communities), Revenue Refunding Bonds (Series 2016),
4.000%, 1/1/2022
|
406,303
|
|
640,000
|
|
Colorado Health Facilities Authority (Christian Living Communities), Revenue Refunding Bonds (Series 2016),
5.000%, 1/1/2023
|
673,196
|
|
750,000
|
|
Colorado Health Facilities Authority (Christian Living Communities), Revenue Refunding Bonds (Series 2016),
5.000%, 1/1/2024
|
808,613
|
|
600,000
|
|
Colorado Health Facilities Authority (Christian Living Communities), Revenue Refunding Bonds (Series 2016),
5.000%, 1/1/2025
|
656,206
|
|
750,000
|
|
Colorado Health Facilities Authority (Covenant Retirement Communities, Inc.), Revenue Refunding Bonds (Series 2015A),
5.000%, 12/1/2021
|
771,669
|
|
250,000
|
|
Colorado Health Facilities Authority (Covenant Retirement Communities, Inc.), Revenue Refunding Bonds (Series 2015A),
5.000%, 12/1/2022
|
267,671
|
|
2,425,000
|
|
Denver, CO City & County Department of Aviation (Denver, CO City & County Airport Authority), Airport System Revenue
Bonds (Series 2020B-2) TOBs, 5.000%, Mandatory Tender 11/15/2025
|
2,883,150
|
|
3,000,000
|
|
Denver, CO City & County Department of Aviation (Denver, CO City & County Airport Authority), Airport System Revenue
Refunding Bonds (Series 2019D) TOBs, 5.000%, Mandatory Tender 11/15/2022
|
3,225,428
|
|
450,000
|
|
E-470 Public Highway Authority, CO, Senior Revenue Bonds (Series 2020A), 5.000%, 9/1/2024
|
516,788
|
|
280,000
|
|
E-470 Public Highway Authority, CO, Senior Revenue Bonds (Series 2020A), 5.000%, 9/1/2025
|
331,920
|
|
1,480,000
|
|
E-470 Public Highway Authority, CO, Senior Revenue Bonds (Series 2020A), 5.000%, 9/1/2026
|
1,806,108
|
|
2,000,000
|
|
E-470 Public Highway Authority, CO, Senior Revenue Bonds (Series 2020A), 5.000%, 9/1/2027
|
2,495,133
|
|
|
|
TOTAL
|
14,842,185
|
|
|
|
Connecticut—1.5%
|
|
|
400,000
|
|
Connecticut State Health & Educational Facilities (Stamford Hospital), Revenue Bonds (Series 2021L-1), 4.000%, 7/1/2022
|
417,949
|
|
400,000
|
|
Connecticut State Health & Educational Facilities (Stamford Hospital), Revenue Bonds (Series 2021L-1), 4.000%, 7/1/2023
|
431,321
|
|
600,000
|
|
Connecticut State Health & Educational Facilities (Stamford Hospital), Revenue Bonds (Series 2021L-1), 4.000%, 7/1/2024
|
664,321
|
|
600,000
|
|
Connecticut State Health & Educational Facilities (Stamford Hospital), Revenue Bonds (Series 2021L-1), 4.000%, 7/1/2025
|
679,259
|
|
700,000
|
|
Connecticut State Health & Educational Facilities (Stamford Hospital), Revenue Bonds (Series 2021L-1), 4.000%, 7/1/2026
|
807,890
|
|
1,000,000
|
|
Connecticut State Special Transportation Fund, Special Tax Obligation Bonds Transportation Infrastructure Purposes
(Series 2020A), 5.000%, 5/1/2028
|
1,270,250
|
|
2,600,000
|
|
Connecticut State Special Transportation Fund, Special Tax Obligation Bonds Transportation Infrastructure Purposes
(Series 2020A), 5.000%, 5/1/2029
|
3,365,041
|
|
1,000,000
|
|
Connecticut State Special Transportation Fund, Special Tax Obligation Bonds Transportation Infrastructure Purposes
(Series 2020A), 5.000%, 5/1/2030
|
1,314,820
|
|
1,500,000
|
1
|
Connecticut State, UT GO SIFMA Index Bonds (Series 2013A) FRNs, 0.950% (SIFMA 7-day +0.900%), 3/1/2023
|
1,511,340
|
|
2,255,000
|
1
|
Connecticut State, UT GO SIFMA Index Bonds (Series 2013A) FRNs, 1.000% (SIFMA 7-day +0.950%), 3/1/2024
|
2,281,670
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Connecticut—continued
|
|
|
$4,000,000
|
1
|
Connecticut State, UT GO SIFMA Index Bonds (Series 2013A) FRNs, 1.040% (SIFMA 7-day +0.990%), 3/1/2025
|
$4,067,883
|
|
|
|
TOTAL
|
16,811,744
|
|
|
|
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
|
2,029,475
|
|
|
|
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
|
585,903
|
|
1,500,000
|
|
Citizens Property Insurance Corp. FL, Revenue Bonds (Series 2015A1), 5.000%, 6/1/2022
|
1,547,445
|
|
1,500,000
|
|
Citizens Property Insurance Corp. FL, Senior Secured Revenue Bonds (Series 2012 A-1), 5.000%, 6/1/2021
|
1,511,332
|
|
1,195,000
|
|
Halifax Hospital Medical Center, FL, Revenue Refunding Bonds, 5.000%, 6/1/2021
|
1,203,514
|
|
1,000,000
|
|
Halifax Hospital Medical Center, FL, Revenue Refunding Bonds, 5.000%, 6/1/2022
|
1,052,496
|
|
1,245,000
|
|
Hillsborough County, FL IDA (Tampa General Hospital), Hospital Revenue Refunding Bonds (Series 2012A),
5.000%, 10/1/2021
|
1,271,019
|
|
1,300,000
|
|
Hillsborough County, FL IDA (Tampa General Hospital), Hospital Revenue Refunding Bonds (Series 2012A),
5.000%, 10/1/2022
|
1,381,650
|
|
2,000,000
|
|
Miami-Dade County, FL Aviation, Aviation Revenue Refunding Bonds (Series 2020A), 5.000%, 10/1/2031
|
2,599,980
|
|
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
|
3,345,147
|
|
1,345,000
|
|
Volusia County, FL Education Facility Authority (Stetson University, Inc.), Revenue Refunding Bonds (Series 2015),
5.000%, 6/1/2024
|
1,521,353
|
|
|
|
TOTAL
|
16,019,839
|
|
|
|
Georgia—3.2%
|
|
|
1,000,000
|
|
Atlanta, GA (Atlantic Station Project), Tax Allocation Refunding Bonds (Series 2017), 5.000%, 12/1/2022
|
1,069,786
|
|
1,000,000
|
|
Atlanta, GA (Atlantic Station Project), Tax Allocation Refunding Bonds (Series 2017), 5.000%, 12/1/2023
|
1,109,065
|
|
800,000
|
|
Atlanta, GA (Atlantic Station Project), Tax Allocation Refunding Bonds (Series 2017), 5.000%, 12/1/2024
|
915,262
|
|
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
|
3,032,419
|
|
7,000,000
|
1
|
Main Street Natural Gas, Inc., GA, Gas Supply Revenue Bonds (Series 2018B) FRNs, (Royal Bank of Canada GTD), 0.823%
(1-month USLIBOR x 0.67 +0.750%), Mandatory Tender 9/1/2023
|
7,037,659
|
|
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
|
5,434,180
|
|
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
|
5,898,559
|
|
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
|
5,660,825
|
|
3,500,000
|
|
Private Colleges & Universities Facilities of GA (Emory University), Revenue Bonds (Series 2020B), 5.000%, 9/1/2030
|
4,671,308
|
|
850,000
|
|
Savannah, GA EDA (International Paper Co.), Recovery Zone Facility Revenue Refunding Bonds (Series 2019A) TOBs,
2.000%, Mandatory Tender 10/1/2024
|
885,324
|
|
|
|
TOTAL
|
35,714,387
|
|
|
|
Illinois—6.0%
|
|
|
400,000
|
|
Chicago, IL Board of Education, UT GO Refunding Bonds (Series 2021B), 5.000%, 12/1/2021
|
412,033
|
|
400,000
|
|
Chicago, IL Board of Education, UT GO Refunding Bonds (Series 2021B), 5.000%, 12/1/2022
|
427,487
|
|
1,000,000
|
|
Chicago, IL Midway Airport, Second Lien Revenue & Refunding Bonds (Series 2014B), 5.000%, 1/1/2022
|
1,035,191
|
|
1,500,000
|
|
Chicago, IL Midway Airport, Second Lien Revenue & Refunding Bonds (Series 2013C), 5.000%, 1/1/2022
|
1,552,787
|
|
500,000
|
|
Chicago, IL O'Hare International Airport, General Airport Senior Lien Revenue Refunding Bonds (Series 2020B),
5.000%, 1/1/2024
|
561,437
|
|
500,000
|
|
Chicago, IL O'Hare International Airport, General Airport Senior Lien Revenue Refunding Bonds (Series 2020B),
5.000%, 1/1/2026
|
597,234
|
|
500,000
|
|
Chicago, IL O'Hare International Airport, General Airport Senior Lien Revenue Refunding Bonds (Series 2020B),
5.000%, 1/1/2028
|
625,053
|
|
1,000,000
|
|
Chicago, IL O'Hare International Airport, General Airport Senior Lien Revenue Refunding Bonds (Series 2020B),
5.000%, 1/1/2029
|
1,271,878
|
|
1,000,000
|
|
Chicago, IL O'Hare International Airport, General Airport Senior Lien Revenue Refunding Bonds (Series 2020B),
5.000%, 1/1/2030
|
1,290,216
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Illinois—continued
|
|
|
$1,000,000
|
|
Chicago, IL O'Hare International Airport, Revenue Refunding Bonds (Series 2015B), 5.000%, 1/1/2023
|
$1,081,997
|
|
1,135,000
|
|
Chicago, IL Water Revenue, Second Lien Water Revenue Bonds (Series 2016A-1), 5.000%, 11/1/2023
|
1,250,685
|
|
1,000,000
|
|
Chicago, IL Water Revenue, Second Lien Water Revenue Refunding Bonds (Series 2004), 5.000%, 11/1/2021
|
1,025,911
|
|
5,000,000
|
|
Chicago, IL Water Revenue, Second Lien Water Revenue Refunding Bonds (Series 2004), 5.000%, 11/1/2022
|
5,351,906
|
|
2,645,000
|
|
Chicago, IL Water Revenue, Second Lien Water Revenue Refunding Bonds (Series 2004), 5.000%, 11/1/2023
|
2,914,591
|
|
1,780,000
|
|
Illinois Finance Authority (Admiral at the Lake), Revenue Refunding Bonds (Series 2017), 5.000%, 5/15/2022
|
1,799,662
|
|
1,845,000
|
|
Illinois Finance Authority (Admiral at the Lake), Revenue Refunding Bonds (Series 2017), 5.000%, 5/15/2023
|
1,879,671
|
|
2,800,000
|
|
Illinois Finance Authority (American Water Capital Corp.), Revenue Refunding Bonds (Series 2020) TOBs, 0.700%,
Mandatory Tender 9/1/2023
|
2,796,244
|
|
3,000,000
|
|
Illinois Finance Authority (OSF Health Care Systems), Revenue Bonds (Series 2020A) TOBs, 5.000%, Mandatory
Tender 11/15/2026
|
3,586,855
|
|
1,200,000
|
|
Illinois Finance Authority (Presbyterian Homes Obligated Group), Revenue Bonds (Series 2016A), 5.000%, 11/1/2021
|
1,230,414
|
|
1,500,000
|
|
Illinois Finance Authority (Presbyterian Homes Obligated Group), Revenue Bonds (Series 2016A), 5.000%, 11/1/2022
|
1,603,023
|
|
1,800,000
|
|
Illinois Finance Authority (Presbyterian Homes Obligated Group), Revenue Bonds (Series 2016A), 5.000%, 11/1/2023
|
1,998,057
|
|
2,125,000
|
1
|
Illinois Finance Authority (Presbyterian Homes Obligated Group), Revenue Bonds (Series 2021B) FRNs, 0.750%
(SIFMA 7-day +0.700%), Mandatory Tender 5/1/2026
|
2,125,002
|
|
3,000,000
|
|
Illinois Housing Development Authority (Century Woods), Multifamily Housing Revenue Bonds (Series 2019) TOBs,
(GNMA COL), 1.900%, Mandatory Tender 10/1/2021
|
3,024,954
|
|
1,750,000
|
|
Illinois State, UT GO Bonds (Series 2020B), 5.500%, 5/1/2024
|
1,987,154
|
|
2,500,000
|
|
Illinois State, UT GO Bonds (Series 2021B), 5.000%, 3/1/2022
|
2,598,538
|
|
1,500,000
|
|
Illinois State, UT GO Refunding Bonds (Series 2018A), 5.000%, 10/1/2021
|
1,532,598
|
|
2,000,000
|
|
Illinois State, UT GO Refunding Bonds (Series 2018A), 5.000%, 10/1/2022
|
2,126,662
|
|
1,000,000
|
|
Illinois State, UT GO Refunding Bonds (Series 2018A), 5.000%, 10/1/2023
|
1,101,467
|
|
2,300,000
|
|
Illinois State, UT GO Refunding Bonds (Series 2018A), 5.000%, 10/1/2028
|
2,791,738
|
|
2,250,000
|
|
Illinois State, UT GO Refunding Bonds (Series 2021A), 5.000%, 3/1/2023
|
2,429,279
|
|
2,000,000
|
|
Illinois State, UT GO Refunding Bonds (Series 2021A), 5.000%, 3/1/2024
|
2,230,527
|
|
6,465,000
|
|
Illinois State, UTGO Bonds (Series 2016), 5.000%, 6/1/2028
|
7,507,761
|
|
1,925,000
|
|
Railsplitter Tobacco Settlement Authority, IL, Tobacco Settlement Revenue Bonds (Series 2017), 5.000%, 6/1/2026
|
2,308,466
|
|
|
|
TOTAL
|
66,056,478
|
|
|
|
Indiana—0.9%
|
|
|
725,000
|
|
Ball State University, IN, Revenue Refunding Bonds (Series 2016), 5.000%, 7/1/2021
|
733,376
|
|
500,000
|
|
Ball State University, IN, Revenue Refunding Bonds (Series 2016), 5.000%, 7/1/2022
|
529,422
|
|
1,000,000
|
|
Indiana Municipal Power Agency, Revenue Refunding Bonds (Series 2016C), 5.000%, 1/1/2024
|
1,123,750
|
|
1,000,000
|
|
Indiana State Finance Authority Environmental (Indianapolis, IN Power & Light Co.), Environmental Facilities Refunding
Revenue Bonds (Series 2020A) TOBs, 0.750%, Mandatory Tender 4/1/2026
|
985,784
|
|
2,000,000
|
|
Indiana State Finance Authority Environmental (Indianapolis, IN Power & Light Co.), Environmental Facilities Refunding
Revenue Bonds (Series 2020B) TOBs, 0.950%, Mandatory Tender 4/1/2026
|
1,968,853
|
|
1,000,000
|
|
Indiana State Finance Authority Hospital Revenue (Beacon Health System Obligated Group), Hospital Revenue Bonds
(Series 2013A), 5.000%, 8/15/2021
|
1,017,279
|
|
4,000,000
|
|
Rockport, IN PCR (Indiana Michigan Power Co.), Revenue Refunding Bonds (Series 2008D) TOBs, 2.050%, Mandatory
Tender 6/1/2021
|
4,009,301
|
|
|
|
TOTAL
|
10,367,765
|
|
|
|
Iowa—0.1%
|
|
|
1,040,000
|
|
Ames, IA Hospital Revenue (Mary Greeley Medical Center), Revenue Refunding Bonds (Series 2016), 5.000%, 6/15/2023
|
1,141,044
|
|
|
|
Kansas—0.4%
|
|
|
2,000,000
|
|
Holton, KS (Holton Community Hospital), Hospital Loan Anticipation Revenue Bonds (Series 2019), 2.500%, 7/1/2021
|
2,001,989
|
|
1,000,000
|
|
Wyandotte County, KS Unified Government Utility System, Improvement & Refunding Revenue Bonds (Series 2014-A),
5.000%, 9/1/2021
|
1,019,157
|
|
1,000,000
|
|
Wyandotte County, KS Unified Government Utility System, Revenue Bonds (Series 2016A), 5.000%, 9/1/2024
|
1,148,417
|
|
|
|
TOTAL
|
4,169,563
|
|
|
|
Kentucky—3.4%
|
|
|
2,640,000
|
|
Kentucky Bond Development Corp. (St. Elizabeth Medical Center), Hospital Facilities Revenue Refunding Bonds
(Series 2016), 5.000%, 5/1/2024
|
2,984,205
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Kentucky—continued
|
|
|
$5,000,000
|
|
Kentucky Economic Development Finance Authority (Catholic Health Initiatives), Revenue Bonds (Series 2009B) TOBs,
2.700%, Mandatory Tender 11/10/2021
|
$5,055,264
|
|
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
|
3,048,651
|
|
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
|
4,000,000
|
|
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
|
5,480,386
|
|
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
|
4,425,674
|
|
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
|
10,303,784
|
|
2,250,000
|
|
Trimble County, KY (Louisville Gas & Electric Co.), PCR Refunding Bonds (Series 2016A) TOBs, 1.300%, Mandatory
Tender 9/1/2027
|
2,226,082
|
|
|
|
TOTAL
|
37,524,046
|
|
|
|
Louisiana—2.4%
|
|
|
1,450,000
|
|
East Baton Rouge Sewerage Commission, Revenue Refunding Bonds (Series 2020A), 5.000%, 2/1/2028
|
1,826,627
|
|
750,000
|
|
East Baton Rouge Sewerage Commission, Revenue Refunding Bonds (Series 2020A), 5.000%, 2/1/2030
|
987,751
|
|
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
|
4,969,397
|
|
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
|
6,051,107
|
|
790,000
|
|
New Orleans, LA Aviation Board, Revenue Bonds (Series 2015A), 5.000%, 1/1/2024
|
885,689
|
|
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
|
3,917,766
|
|
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
|
7,282,254
|
|
|
|
TOTAL
|
25,920,591
|
|
|
|
Massachusetts—1.0%
|
|
|
2,000,000
|
|
Massachusetts Development Finance Agency (Harvard University), Revenue Refunding Bonds (Series 2020A),
5.000%, 10/15/2029
|
2,655,113
|
|
1,000,000
|
|
Massachusetts Development Finance Agency (Harvard University), Revenue Refunding Bonds (Series 2020A),
5.000%, 10/15/2030
|
1,356,013
|
|
6,000,000
|
|
Massachusetts State Development Finance Agency (Boston University), Revenue Bonds (Series 2019 DD-1) TOBs, 5.000%,
Mandatory Tender 4/1/2024
|
6,664,330
|
|
255,000
|
|
Massachusetts State Housing Finance Agency Housing Revenue, SFM Revenue Bonds (Series 172), 4.000%, 6/1/2024
|
267,250
|
|
|
|
TOTAL
|
10,942,706
|
|
|
|
Michigan—2.6%
|
|
|
5,000,000
|
|
Lansing, MI Board of Water & Light, Utility System Revenue Bonds (Series 2021B) TOBs, 2.000%, Mandatory
Tender 7/1/2026
|
5,285,240
|
|
2,500,000
|
|
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%, 7/1/2021
|
2,528,638
|
|
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
|
5,294,867
|
|
1,205,000
|
|
Michigan State Trunk Line, State Trunk Line Fund Refunding Bonds (Series 2020A), 5.000%, 11/15/2023
|
1,353,105
|
|
1,000,000
|
|
Michigan State Trunk Line, State Trunk Line Fund Refunding Bonds (Series 2020A), 5.000%, 11/15/2024
|
1,163,899
|
|
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
|
3,517,011
|
|
750,000
|
|
Michigan Tobacco Settlement Finance Authority, Tobacco Settlement Asset-Backed Senior Current Interest Bonds
(Series 2020A Class 1), 5.000%, 6/1/2026
|
907,780
|
|
2,000,000
|
|
Michigan Tobacco Settlement Finance Authority, Tobacco Settlement Asset-Backed Senior Current Interest Bonds
(Series 2020A Class 1), 5.000%, 6/1/2027
|
2,483,575
|
|
500,000
|
|
Michigan Tobacco Settlement Finance Authority, Tobacco Settlement Asset-Backed Senior Current Interest Bonds
(Series 2020A Class 1), 5.000%, 6/1/2029
|
645,900
|
|
1,000,000
|
|
Michigan Tobacco Settlement Finance Authority, Tobacco Settlement Asset-Backed Senior Current Interest Bonds
(Series 2020A Class 1), 5.000%, 6/1/2030
|
1,312,586
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Michigan—continued
|
|
|
$2,735,000
|
|
Wayne County, MI Airport Authority, Airport Revenue Refunding Bonds (Series 2015F), 5.000%, 12/1/2025
|
$3,239,531
|
|
1,000,000
|
|
Wayne County, MI Airport Authority, Airport Revenue Refunding Bonds (Series 2015F), 5.000%, 12/1/2027
|
1,190,005
|
|
|
|
TOTAL
|
28,922,137
|
|
|
|
Minnesota—0.3%
|
|
|
3,000,000
|
1
|
Minnesota State HFA, Residential Housing Finance Bonds (Series 2018D) FRNs, 0.480% (SIFMA 7-day +0.430%),
Mandatory Tender 7/3/2023
|
3,008,782
|
|
|
|
Mississippi—0.6%
|
|
|
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
|
1,311,323
|
|
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
|
1,000,525
|
|
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
|
4,083,063
|
|
|
|
TOTAL
|
6,394,911
|
|
|
|
Missouri—0.6%
|
|
|
1,570,000
|
|
Cape Girardeau County, MO IDA (St. Francis Medical Center, MO), Revenue Bonds (Series 2013A), 5.000%, 6/1/2022
|
1,654,298
|
|
500,000
|
|
Missouri State HEFA (Lutheran Senior Services), Senior Living Facilities Revenue Bonds (Series 2016A), 5.000%, 2/1/2023
|
533,855
|
|
650,000
|
|
Missouri State HEFA (Lutheran Senior Services), Senior Living Facilities Revenue Bonds (Series 2016B), 5.000%, 2/1/2022
|
670,301
|
|
1,200,000
|
|
Missouri State HEFA (Lutheran Senior Services), Senior Living Facilities Revenue Bonds (Series 2016B), 5.000%, 2/1/2023
|
1,281,252
|
|
750,000
|
|
Missouri State HEFA (Lutheran Senior Services), Senior Living Facilities Revenue Bonds (Series 2016B), 5.000%, 2/1/2024
|
825,980
|
|
850,000
|
|
Missouri State HEFA (Lutheran Senior Services), Senior Living Facilities Revenue Bonds (Series 2016B), 5.000%, 2/1/2025
|
960,094
|
|
750,000
|
|
Missouri State HEFA (Lutheran Senior Services), Senior Living Facilities Revenue Bonds (Series 2016B), 5.000%, 2/1/2026
|
866,741
|
|
|
|
TOTAL
|
6,792,521
|
|
|
|
Montana—0.4%
|
|
|
4,710,000
|
1
|
Montana Facility Finance Authority (Billings Clinic Obligated Group), Variable Rate Revenue Bonds (Series 2018C) FRNs,
0.600% (SIFMA 7-day +0.550%), Mandatory Tender 8/15/2023
|
4,717,860
|
|
|
|
Nevada—1.8%
|
|
|
6,665,000
|
|
Clark County, NV Airport System, Airport System Subordinate Lien Revenue Refunding Bonds (Series 2019A),
5.000%, 7/1/2026
|
8,108,500
|
|
3,000,000
|
|
Clark County, NV School District, LT GO Building Bonds (Series 2020A), (Assured Guaranty Municipal Corp. INS),
5.000%, 6/15/2028
|
3,806,019
|
|
875,000
|
|
Clark County, NV School District, LT GO Building Bonds (Series 2020A), (Assured Guaranty Municipal Corp. INS),
5.000%, 6/15/2030
|
1,141,690
|
|
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
|
6,694,623
|
|
|
|
TOTAL
|
19,750,832
|
|
|
|
New Hampshire—0.8%
|
|
|
1,960,000
|
|
National Finance Authority, NH (Springpoint Senior Living), Senior Living Revenue Refunding Bonds (Series 2021),
1.000%, 1/1/2022
|
1,962,444
|
|
220,000
|
|
National Finance Authority, NH (Springpoint Senior Living), Senior Living Revenue Refunding Bonds (Series 2021),
4.000%, 1/1/2024
|
237,909
|
|
290,000
|
|
National Finance Authority, NH (Springpoint Senior Living), Senior Living Revenue Refunding Bonds (Series 2021),
4.000%, 1/1/2025
|
321,508
|
|
265,000
|
|
National Finance Authority, NH (Springpoint Senior Living), Senior Living Revenue Refunding Bonds (Series 2021),
4.000%, 1/1/2026
|
299,994
|
|
250,000
|
|
National Finance Authority, NH (Springpoint Senior Living), Senior Living Revenue Refunding Bonds (Series 2021),
4.000%, 1/1/2027
|
287,506
|
|
285,000
|
|
National Finance Authority, NH (Springpoint Senior Living), Senior Living Revenue Refunding Bonds (Series 2021),
4.000%, 1/1/2028
|
325,720
|
|
300,000
|
|
National Finance Authority, NH (Springpoint Senior Living), Senior Living Revenue Refunding Bonds (Series 2021),
4.000%, 1/1/2029
|
340,181
|
|
280,000
|
|
National Finance Authority, NH (Springpoint Senior Living), Senior Living Revenue Refunding Bonds (Series 2021),
4.000%, 1/1/2030
|
315,571
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
New Hampshire—continued
|
|
|
$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
|
$4,179,908
|
|
|
|
TOTAL
|
8,270,741
|
|
|
|
New Jersey—5.4%
|
|
|
2,600,000
|
|
Camden, NJ BANs, 1.500%, 8/12/2021
|
2,605,262
|
|
800,000
|
|
Lyndhurst Township, NJ BANs, 1.000%, 10/8/2021
|
803,113
|
|
1,000,000
|
|
Lyndhurst Township, NJ BANs, 1.000%, 2/4/2022
|
1,006,132
|
|
400,000
|
|
New Jersey EDA (New Jersey State), School Construction Bonds (Series 2021QQQ), 5.000%, 6/15/2022
|
422,496
|
|
220,000
|
|
New Jersey EDA (New Jersey State), School Construction Bonds (Series 2021QQQ), 5.000%, 6/15/2023
|
241,828
|
|
300,000
|
|
New Jersey EDA (New Jersey State), School Construction Bonds (Series 2021QQQ), 5.000%, 6/15/2024
|
341,230
|
|
385,000
|
|
New Jersey EDA (New Jersey State), School Construction Bonds (Series 2021QQQ), 5.000%, 6/15/2025
|
450,989
|
|
555,000
|
|
New Jersey EDA (New Jersey State), School Construction Bonds (Series 2021QQQ), 5.000%, 6/15/2026
|
666,445
|
|
410,000
|
|
New Jersey EDA (New Jersey State), School Construction Bonds (Series 2021QQQ), 5.000%, 6/15/2027
|
502,310
|
|
400,000
|
|
New Jersey EDA (New Jersey State), School Construction Bonds (Series 2021QQQ), 5.000%, 6/15/2028
|
498,310
|
|
1,000,000
|
|
New Jersey EDA (New Jersey State), School Construction Bonds (Series 2021QQQ), 5.000%, 6/15/2029
|
1,261,281
|
|
500,000
|
|
New Jersey EDA (New Jersey State), School Construction Bonds (Series 2021QQQ), 5.000%, 6/15/2031
|
637,724
|
|
500,000
|
|
New Jersey EDA (New Jersey State), School Construction Bonds (Series 2021QQQ), 5.000%, 6/15/2032
|
633,594
|
|
5,000,000
|
|
New Jersey EDA (New Jersey State), School Facilities Construction Refunding Bonds (Series 2015 XX), 5.000%, 6/15/2022
|
5,281,201
|
|
10,000,000
|
1
|
New Jersey EDA (New Jersey State), School Facilities Construction Refunding SIFMA Index Bonds (Series 2013 I) FRNs,
1.300% (SIFMA 7-day +1.250%), 9/1/2025
|
9,975,508
|
|
1,000,000
|
|
New Jersey EDA (New Jersey-American Water Co., Inc.), Water Facilities Refunding Revenue Bonds (Series 2020A),
1.000%, 6/1/2023
|
1,008,453
|
|
2,000,000
|
|
New Jersey EDA (New Jersey-American Water Co., Inc.), Water Facilities Refunding Revenue Bonds (Series 2020C),
1.150%, 6/1/2023
|
2,018,158
|
|
4,075,000
|
|
New Jersey EDA (New Jersey-American Water Co., Inc.), Water Facilities Refunding Revenue Bonds (Series 2020D) TOBs,
1.100%, Mandatory Tender 12/1/2027
|
4,046,131
|
|
2,000,000
|
|
New Jersey State, Covid-19 GO Emergency Bonds (Series 2020A), 5.000%, 6/1/2027
|
2,470,063
|
|
1,000,000
|
|
New Jersey State, Covid-19 GO Emergency Bonds (Series 2020A), 5.000%, 6/1/2028
|
1,258,306
|
|
1,000,000
|
|
New Jersey State, Covid-19 GO Emergency Bonds (Series 2020A), 5.000%, 6/1/2029
|
1,278,333
|
|
1,000,000
|
|
New Jersey Turnpike Authority, Revenue Bonds (Series 2017A), 5.000%, 1/1/2027
|
1,227,890
|
|
5,000,000
|
1
|
New Jersey Turnpike Authority, Turnpike Revenue Bonds (Series 2017D-3) FRNs, 0.681%
(1-month USLIBOR x 0.70 +0.600%), 1/1/2023
|
5,019,993
|
|
5,000,000
|
1
|
New Jersey Turnpike Authority, Turnpike Revenue Bonds (Series 2017D-4) FRNs, 0.781%
(1-month USLIBOR x 0.70 +0.700%), 1/1/2024
|
5,045,082
|
|
600,000
|
|
Newark, NJ, UT GO Qualified General Improvement Refunding Bonds (Series 2020A), (Assured Guaranty Municipal Corp.
INS), 5.000%, 10/1/2025
|
705,540
|
|
500,000
|
|
Newark, NJ, UT GO Qualified General Improvement Refunding Bonds (Series 2020A), (Assured Guaranty Municipal Corp.
INS), 5.000%, 10/1/2026
|
603,175
|
|
625,000
|
|
Newark, NJ, UT GO Qualified General Improvement Refunding Bonds (Series 2020A), (Assured Guaranty Municipal Corp.
INS), 5.000%, 10/1/2027
|
768,839
|
|
1,300,000
|
|
Newark, NJ, UT GO Qualified General Improvement Refunding Bonds (Series 2020A), (Assured Guaranty Municipal Corp.
INS), 5.000%, 10/1/2028
|
1,623,969
|
|
500,000
|
|
Newark, NJ, UT GO Qualified School Refunding Bonds (Series 2020B), (Assured Guaranty Municipal Corp. INS),
5.000%, 10/1/2024
|
571,304
|
|
500,000
|
|
Newark, NJ, UT GO Qualified School Refunding Bonds (Series 2020B), (Assured Guaranty Municipal Corp. INS),
5.000%, 10/1/2025
|
587,950
|
|
1,000,000
|
|
Tobacco Settlement Financing Corp., NJ, Tobacco Settlement Asset-Backed Refunding Bonds (Series 2018A),
5.000%, 6/1/2022
|
1,053,921
|
|
2,500,000
|
|
Tobacco Settlement Financing Corp., NJ, Tobacco Settlement Asset-Backed Refunding Bonds (Series 2018A),
5.000%, 6/1/2023
|
2,745,517
|
|
2,000,000
|
|
Tobacco Settlement Financing Corp., NJ, Tobacco Settlement Asset-Backed Refunding Bonds (Series 2018A),
5.000%, 6/1/2024
|
2,276,252
|
|
|
|
TOTAL
|
59,636,299
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
New Mexico—0.9%
|
|
|
$3,500,000
|
|
Farmington, NM (Public Service Co., NM), Pollution Control Revenue Refunding Bonds (Series 2010B) TOBs, 2.125%,
Mandatory Tender 6/1/2022
|
$3,562,403
|
|
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
|
4,037,389
|
|
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
|
2,567,909
|
|
|
|
TOTAL
|
10,167,701
|
|
|
|
New York—7.0%
|
|
|
5,500,000
|
|
Chautauqua County, NY Capital Resource Corporation (NRG Energy, Inc.), Exempt Facilities Revenue Refunding Bonds
(Series 2020) TOBs, 1.300%, Mandatory Tender 4/3/2023
|
5,533,027
|
|
4,000,000
|
|
Long Island Power Authority, NY, Electric System General Revenue Bonds (Series 2019B) TOBs, 1.650%, Mandatory
Tender 9/1/2024
|
4,133,722
|
|
900,000
|
|
Long Island Power Authority, NY, Electric System General Revenue Bonds (Series 2020A), 5.000%, 9/1/2028
|
1,156,184
|
|
1,200,000
|
|
Long Island Power Authority, NY, Electric System General Revenue Bonds (Series 2020A), 5.000%, 9/1/2029
|
1,570,201
|
|
875,000
|
|
Long Island Power Authority, NY, Electric System General Revenue Bonds (Series 2020A), 5.000%, 9/1/2030
|
1,165,995
|
|
4,040,000
|
|
Long Island Power Authority, NY, Electric System General Revenue Bonds (Series 2020B) TOBs, 0.850%, Mandatory
Tender 9/1/2025
|
4,031,892
|
|
5,000,000
|
|
Metropolitan Transportation Authority, NY (MTA Transportation Revenue), Transportation Revenue Bond Anticipation
Notes (Series 2019D-1), 5.000%, 9/1/2022
|
5,298,588
|
|
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), 0.755% (1-month USLIBOR x 0.69
+0.680%), Mandatory Tender 4/6/2021
|
2,999,998
|
|
5,000,000
|
1
|
Metropolitan Transportation Authority, NY (MTA Transportation Revenue), Transportation Revenue Variable Rate
Refunding Bonds (Series 2011B) FRNs, 0.623% (1-month USLIBOR x 0.67 +0.550%), Mandatory Tender 11/1/2022
|
4,980,256
|
|
3,000,000
|
|
New York City Housing Development Corp., Sustainable Neighborhood Bonds (Series 2019B-2) TOBs, 2.100%, Mandatory
Tender 7/3/2023
|
3,043,404
|
|
1,000,000
|
|
New York City, NY IDA (Queens Baseball Stadium), PILOT Refunding Bonds (Series 2021A), (Assured Guaranty Municipal
Corp. INS), 5.000%, 1/1/2028
|
1,256,753
|
|
500,000
|
|
New York City, NY IDA (Queens Baseball Stadium), PILOT Refunding Bonds (Series 2021A), (Assured Guaranty Municipal
Corp. INS), 5.000%, 1/1/2029
|
638,900
|
|
1,000,000
|
|
New York City, NY IDA (Queens Baseball Stadium), PILOT Refunding Bonds (Series 2021A), (Assured Guaranty Municipal
Corp. INS), 5.000%, 1/1/2030
|
1,294,969
|
|
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
|
1,246,133
|
|
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
|
1,901,736
|
|
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
|
2,060,225
|
|
1,135,000
|
|
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
|
1,135,769
|
|
4,000,000
|
|
New York State HFA, Affordable Housing Revenue Bonds (Series 2020J), 0.750%, 5/1/2025
|
4,003,225
|
|
3,500,000
|
|
New York State HFA, Affordable Housing Revenue Bonds (Series 2020K), 0.700%, 11/1/2024
|
3,515,030
|
|
1,000,000
|
|
New York Transportation Development Corporation (JFK International Air Terminal LLC), Special Facilities Revenue Bonds
(Series 2020A), 5.000%, 12/1/2025
|
1,165,097
|
|
980,000
|
|
New York Transportation Development Corporation (JFK International Air Terminal LLC), Special Facilities Revenue Bonds
(Series 2020A), 5.000%, 12/1/2026
|
1,164,459
|
|
1,500,000
|
|
New York Transportation Development Corporation (JFK International Air Terminal LLC), Special Facilities Revenue Bonds
(Series 2020A), 5.000%, 12/1/2029
|
1,854,459
|
|
1,000,000
|
|
New York Transportation Development Corporation (JFK International Air Terminal LLC), Special Facilities Revenue Bonds
(Series 2020C), 5.000%, 12/1/2026
|
1,202,046
|
|
1,600,000
|
|
New York Transportation Development Corporation (JFK International Air Terminal LLC), Special Facilities Revenue Bonds
(Series 2020C), 5.000%, 12/1/2028
|
1,982,000
|
|
2,250,000
|
|
New York Transportation Development Corporation (JFK International Air Terminal LLC), Special Facilities Revenue Bonds
(Series 2020C), 5.000%, 12/1/2029
|
2,820,265
|
|
4,000,000
|
|
Suffolk County, NY, (Series I) TANs, 2.000%, 7/22/2021
|
4,021,555
|
|
10,000,000
|
|
Suffolk County, NY, (Series I) TANs, 2.000%, 9/24/2021
|
10,080,603
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
New York—continued
|
|
|
$2,000,000
|
|
Suffolk County, NY, (Series II) TANs, 2.000%, 8/19/2021
|
$2,013,013
|
|
|
|
TOTAL
|
77,269,504
|
|
|
|
North Carolina—2.3%
|
|
|
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
|
859,285
|
|
850,000
|
|
North Carolina HFA, Revenue Bonds (Series 2017 38-B), 4.000%, 7/1/2047
|
921,951
|
|
5,000,000
|
|
North Carolina Medical Care Commission (CaroMont Health), Hospital Revenue Bonds (Series 2021B) TOBs, 5.000%,
Mandatory Tender 2/1/2026
|
6,029,109
|
|
1,875,000
|
|
North Carolina State Grant Anticipation Revenue, Grant Anticipation Revenue Vehicle Bonds (Series 2019),
5.000%, 3/1/2025
|
2,202,169
|
|
1,600,000
|
|
North Carolina State Grant Anticipation Revenue, Grant Anticipation Revenue Vehicle Bonds (Series 2019),
5.000%, 3/1/2026
|
1,941,129
|
|
4,500,000
|
|
North Carolina State Turnpike Authority, Triangle Expressway System Senior Lien Turnpike Revenue Bonds (Series 2020),
5.000%, 2/1/2024
|
5,066,861
|
|
1,750,000
|
|
North Carolina State Turnpike Authority, Triangle Expressway System Senior Lien Turnpike Revenue Refunding Bonds
(Series 2018), 5.000%, 1/1/2027
|
2,130,212
|
|
1,000,000
|
|
North Carolina State Turnpike Authority, Triangle Expressway System Senior Lien Turnpike Revenue Refunding Bonds
(Series 2018), 5.000%, 1/1/2028
|
1,242,040
|
|
2,000,000
|
|
Wake County, NC, UT GO Refunding Bonds (Series 2020A), 5.000%, 4/1/2027
|
2,510,850
|
|
1,000,000
|
|
Wake County, NC, UT GO Refunding Bonds (Series 2020A), 5.000%, 4/1/2028
|
1,286,714
|
|
500,000
|
|
Wake County, NC, UT GO Refunding Bonds (Series 2020A), 5.000%, 4/1/2029
|
657,274
|
|
|
|
TOTAL
|
24,847,594
|
|
|
|
Ohio—2.3%
|
|
|
3,500,000
|
|
Allen County, OH (Bon Secours Mercy Health), Hospital Facilities Revenue Bonds (Series 2017B) TOBs, 2.150%, Mandatory
Tender 5/5/2022
|
3,674,638
|
|
1,350,000
|
|
American Municipal Power-Ohio, Inc. (AMP—Combined Hydroelectric Projects), Revenue Refunding Bonds (Series 2020A),
5.000%, 2/15/2026
|
1,622,582
|
|
1,600,000
|
|
American Municipal Power-Ohio, Inc. (AMP—Combined Hydroelectric Projects), Revenue Refunding Bonds (Series 2020A),
5.000%, 2/15/2027
|
1,970,579
|
|
1,750,000
|
|
American Municipal Power-Ohio, Inc. (AMP—Combined Hydroelectric Projects), Revenue Refunding Bonds (Series 2020A),
5.000%, 2/15/2028
|
2,203,661
|
|
1,500,000
|
|
American Municipal Power-Ohio, Inc., Revenue Refunding Bonds (Series 2017A), 5.000%, 2/15/2025
|
1,750,976
|
|
650,000
|
|
Cleveland, OH (Cleveland, OH Water), Water Revenue Bonds (Series 2020FF), 5.000%, 1/1/2026
|
784,820
|
|
950,000
|
|
Cleveland, OH (Cleveland, OH Water), Water Revenue Bonds (Series 2020FF), 5.000%, 1/1/2027
|
1,178,503
|
|
600,000
|
|
Cleveland, OH (Cleveland, OH Water), Water Revenue Bonds (Series 2020FF), 5.000%, 1/1/2028
|
763,001
|
|
1,100,000
|
|
Cleveland, OH (Cleveland, OH Water), Water Revenue Bonds (Series 2020FF), 5.000%, 1/1/2029
|
1,429,139
|
|
800,000
|
|
Cleveland, OH (Cleveland, OH Water), Water Revenue Bonds (Series 2020FF), 5.000%, 1/1/2030
|
1,057,575
|
|
500,000
|
|
Hamilton County, OH Hospital Facilities Authority (UC Health ), Revenue Bonds (Series 2014), 5.000%, 2/1/2023
|
541,141
|
|
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
|
4,057,295
|
|
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
|
1,580,121
|
|
455,000
|
|
Ohio State Hospital Revenue (University Hospitals Health System, Inc.), Hospital Revenue Bonds (Series 2020A),
5.000%, 1/15/2026
|
543,160
|
|
345,000
|
|
Ohio State Hospital Revenue (University Hospitals Health System, Inc.), Hospital Revenue Bonds (Series 2020A),
5.000%, 1/15/2027
|
421,857
|
|
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
|
1,159,790
|
|
|
|
TOTAL
|
24,738,838
|
|
|
|
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
|
2,324,240
|
|
3,500,000
|
|
Cleveland County, OK Educational Facilities Authority (Norman Public Schools), Educational Facilities Lease Revenue
Bonds (Series 2019), 5.000%, 6/1/2024
|
3,944,870
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Oklahoma—continued
|
|
|
$3,200,000
|
|
Cleveland County, OK Educational Facilities Authority (Norman Public Schools), Educational Facilities Lease Revenue
Bonds (Series 2019), 5.000%, 6/1/2025
|
$3,713,679
|
|
5,000,000
|
|
Oklahoma Development Finance Authority (Gilcrease Developers, LLC), Limited Obligation Revenue Bonds (Series 2020),
1.625%, 7/6/2023
|
5,023,065
|
|
1,850,000
|
|
Oklahoma Development Finance Authority (Waste Management, Inc.), Solid Waste Disposal Revenue Bonds
(Series 2004A), 2.375%, 12/1/2021
|
1,875,363
|
|
1,000,000
|
|
Oklahoma State Turnpike Authority, Second Senior Revenue Refunding Bonds (Series 2020A), 5.000%, 1/1/2028
|
1,267,921
|
|
1,000,000
|
|
Oklahoma State Turnpike Authority, Second Senior Revenue Refunding Bonds (Series 2020A), 5.000%, 1/1/2030
|
1,319,045
|
|
1,000,000
|
|
Tulsa County, OK Industrial Authority (Broken Arrow Public Schools), Educational Facilities Lease Revenue Bonds
(Series 2016), 5.000%, 9/1/2022
|
1,067,336
|
|
|
|
TOTAL
|
20,535,519
|
|
|
|
Oregon—1.1%
|
|
|
1,450,000
|
|
Port of Portland, OR Airport, Portland International Airport Revenue Bonds (Series Twenty-Seven A), 5.000%, 7/1/2026
|
1,746,658
|
|
1,700,000
|
|
Port of Portland, OR Airport, Portland International Airport Revenue Bonds (Series Twenty-Seven A), 5.000%, 7/1/2027
|
2,091,969
|
|
1,600,000
|
|
Port of Portland, OR Airport, Portland International Airport Revenue Bonds (Series Twenty-Seven A), 5.000%, 7/1/2028
|
2,002,663
|
|
2,635,000
|
|
Port of Portland, OR Airport, Portland International Airport Revenue Bonds (Series Twenty-Seven A), 5.000%, 7/1/2029
|
3,344,873
|
|
2,400,000
|
|
Port of Portland, OR Airport, Portland International Airport Revenue Bonds (Series Twenty-Seven A), 5.000%, 7/1/2030
|
3,093,312
|
|
|
|
TOTAL
|
12,279,475
|
|
|
|
Pennsylvania—5.1%
|
|
|
850,000
|
|
Allegheny County, PA Sanitation Authority, Sewer Revenue Refunding Bonds (Series 2016), (Assured Guaranty Municipal
Corp. INS), 5.000%, 12/1/2025
|
1,021,855
|
|
2,000,000
|
|
Berks County, PA Municipal Authority (Tower Health), Revenue Bonds (Series 2020B-1) TOBs, 5.000%, Mandatory
Tender 2/1/2025
|
2,144,774
|
|
1,115,000
|
|
Cumberland County, PA Municipal Authority (Diakon Lutheran Social Ministries), Revenue Bonds (Series of 2016),
5.000%, 1/1/2022
|
1,144,966
|
|
1,155,000
|
|
Cumberland County, PA Municipal Authority (Diakon Lutheran Social Ministries), Revenue Bonds (Series of 2016),
5.000%, 1/1/2024
|
1,263,705
|
|
500,000
|
|
East Hempfield Township, PA IDA (Willow Valley Retirement Communities), Revenue & Revenue Refunding Bonds
(Series 2016), 5.000%, 12/1/2022
|
535,859
|
|
750,000
|
|
East Hempfield Township, PA IDA (Willow Valley Retirement Communities), Revenue & Revenue Refunding Bonds
(Series 2016), 5.000%, 12/1/2023
|
832,847
|
|
12,500,000
|
1
|
Geisinger Authority, PA Health System (Geisinger Health System), Health System Revenue Bonds (Series 2014B) FRNs,
1.143% (1-month USLIBOR x 0.67 +1.070%), Mandatory Tender 6/1/2024
|
12,667,460
|
|
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
|
5,100,138
|
|
2,250,000
|
1
|
Montgomery County, PA Higher Education & Health Authority Hospital (Thomas Jefferson University), Revenue Bonds
(Series 2018C) FRNs, 0.770% (SIFMA 7-day +0.720%), Mandatory Tender 9/1/2023
|
2,250,076
|
|
1,000,000
|
1
|
Northampton County, PA General Purpose Authority (St. Luke's University Health Network), Variable Rate Hospital
Revenue Bonds (Series 2018B) FRNs, 1.121% (1-month USLIBOR x 0.70 +1.040%), Mandatory Tender 8/15/2024
|
1,007,025
|
|
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
|
6,816,239
|
|
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
|
2,001,814
|
|
2,000,000
|
|
Pennsylvania EDFA (Waste Management, Inc.), Solid Waste Disposal Revenue Bonds (Series 2004A), 1.850%, 11/1/2021
|
2,017,939
|
|
2,000,000
|
1
|
Pennsylvania HFA, SFM Revenue Bonds (Series 2018-127C) FRNs, 0.646% (1-month USLIBOR x 0.70 +0.570%), Mandatory
Tender 10/1/2023
|
2,003,217
|
|
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
|
1,654,401
|
|
250,000
|
|
Pennsylvania State Turnpike Commission, Turnpike Revenue Bonds (Series 2020B), 5.000%, 12/1/2026
|
309,437
|
|
400,000
|
|
Pennsylvania State Turnpike Commission, Turnpike Revenue Bonds (Series 2020B), 5.000%, 12/1/2027
|
506,503
|
|
500,000
|
|
Pennsylvania State Turnpike Commission, Turnpike Revenue Bonds (Series 2020B), 5.000%, 12/1/2028
|
646,819
|
|
750,000
|
|
Pennsylvania State Turnpike Commission, Turnpike Revenue Bonds (Series 2020B), 5.000%, 12/1/2029
|
984,971
|
|
525,000
|
|
Pennsylvania State Turnpike Commission, Turnpike Revenue Bonds (Series 2020B), 5.000%, 12/1/2030
|
698,449
|
|
5,000,000
|
1
|
Pennsylvania State Turnpike Commission, Variable Rate Turnpike Revenue Bonds (SIFMA Index Bonds)(Series 2014B) FRNs,
1.030% (SIFMA 7-day +0.980%), 12/1/2021
|
5,005,466
|
|
1,700,000
|
|
Philadelphia, PA Gas Works, 1998 General Ordinance Revenue Refunding Bonds (14th Series 2016), 5.000%, 10/1/2021
|
1,739,514
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Pennsylvania—continued
|
|
|
$1,000,000
|
|
Philadelphia, PA, GO Bonds (Series 2019B), 5.000%, 2/1/2025
|
$1,164,269
|
|
1,000,000
|
|
Philadelphia, PA, GO Bonds (Series 2019B), 5.000%, 2/1/2026
|
1,201,077
|
|
1,250,000
|
|
Philadelphia, PA, GO Bonds (Series 2019B), 5.000%, 2/1/2027
|
1,541,270
|
|
|
|
TOTAL
|
56,260,090
|
|
|
|
Rhode Island—1.0%
|
|
|
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
|
2,261,194
|
|
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
|
2,361,262
|
|
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
|
2,174,634
|
|
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
|
3,693,113
|
|
|
|
TOTAL
|
10,490,203
|
|
|
|
South Carolina—0.9%
|
|
|
7,200,000
|
|
Laurens County, SC Water and Sewer Commission, Waterworks Distribution System Bond Anticipation Notes (Series 2020),
(United States Treasury PRF 7/1/2021@100), 1.375%, 2/1/2022
|
7,218,458
|
|
2,000,000
|
|
South Carolina Public Service Company (Santee Cooper), Revenue Refunding and Improvement Bonds (Series 2020A),
5.000%, 12/1/2031
|
2,634,982
|
|
|
|
TOTAL
|
9,853,440
|
|
|
|
South Dakota—0.1%
|
|
|
750,000
|
|
Educational Enhancement Funding Corp., SD, Tobacco Settlement Revenue Bonds (Series 2013B), 5.000%, 6/1/2023
|
819,467
|
|
|
|
Tennessee—1.2%
|
|
|
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
|
12,953,887
|
|
300,000
|
|
Tennessee Housing Development Agency, Revenue Refunding Bonds (Series 220142C), 4.000%, 1/1/2045
|
317,524
|
|
|
|
TOTAL
|
13,271,411
|
|
|
|
Texas—13.5%
|
|
|
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
|
1,497,507
|
|
600,000
|
|
Austin, TX Airport System, Revenue Bonds (Series 2019B), 5.000%, 11/15/2024
|
692,726
|
|
650,000
|
|
Austin, TX Airport System, Revenue Bonds (Series 2019B), 5.000%, 11/15/2025
|
772,478
|
|
1,000,000
|
|
Austin, TX Airport System, Revenue Bonds (Series 2019B), 5.000%, 11/15/2026
|
1,217,768
|
|
4,570,000
|
|
Central Texas Regional Mobility Authority, Subordinate Lien Revenue BAN (Series 2021C), 5.000%, 1/1/2027
|
5,390,039
|
|
3,000,000
|
|
Central Texas Regional Mobility Authority, Subordinate Lien Revenue Bond Anticipation Notes (Series 2020F),
5.000%, 1/1/2025
|
3,400,997
|
|
1,500,000
|
|
Dallas, TX Area Rapid Transit, Senior Lien Sales Tax Revenue Refunding Bonds (Series 2016B), 5.000%, 12/1/2022
|
1,618,940
|
|
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
|
9,459,744
|
|
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
|
6,922,823
|
|
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
|
3,096,331
|
|
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
|
6,059,904
|
|
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
|
2,502,801
|
|
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
|
2,585,486
|
|
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
|
2,901,009
|
|
5,635,000
|
1
|
Harris County, TX Cultural Education Facilities Finance Corp. (Memorial Hermann Health System), Hospital Revenue
Refunding Bonds (Series 2013B) FRNs, 0.950% (SIFMA 7-day +0.900%), 6/1/2022
|
5,655,890
|
|
4,500,000
|
1
|
Harris County, TX Cultural Education Facilities Finance Corp. (Memorial Hermann Health System), Hospital Revenue
Refunding Bonds (Series 2013B) FRNs, 1.000% (SIFMA 7-day +0.950%), 6/1/2023
|
4,529,355
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Texas—continued
|
|
|
$5,685,000
|
1
|
Harris County, TX Cultural Education Facilities Finance Corp. (Memorial Hermann Health System), Hospital Revenue
Refunding Bonds (Series 2013B) FRNs, 1.100% (SIFMA 7-day +1.050%), 6/1/2024
|
$5,747,544
|
|
5,000,000
|
|
Harris County, TX Education Facilities Finance Corp. (Texas Children's Hospital), Hospital Revenue Bonds (Series 2019B)
TOBs, 5.000%, Mandatory Tender 10/1/2024
|
5,776,578
|
|
3,000,000
|
|
Harris County, TX Education Facilities Finance Corp. (Texas Medical Center), Revenue Bonds (Series 2020A) TOBs, 0.900%,
Mandatory Tender 5/15/2025
|
3,001,403
|
|
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
|
2,110,628
|
|
1,905,000
|
1
|
Irving, TX Hospital Authority (Baylor Scott & White Medical Center, Irving), Hospital Revenue Bonds (Series 2017B) FRNs,
1.150% (SIFMA 7-day +1.100%), Mandatory Tender 10/15/2023
|
1,915,625
|
|
1,500,000
|
|
Lower Colorado River Authority, TX (LCRA Transmission Services Corp.), Transmission Contract Refunding Revenue Bonds
(Series 2019), 5.000%, 5/15/2024
|
1,709,688
|
|
1,000,000
|
|
Lower Colorado River Authority, TX (LCRA Transmission Services Corp.), Transmission Contract Refunding Revenue Bonds
(Series 2019), 5.000%, 5/15/2025
|
1,175,361
|
|
750,000
|
|
Lower Colorado River Authority, TX (LCRA Transmission Services Corp.), Transmission Contract Refunding Revenue Bonds
(Series 2019), 5.000%, 5/15/2026
|
907,943
|
|
1,000,000
|
|
Lower Colorado River Authority, TX (LCRA Transmission Services Corp.), Transmission Contract Refunding Revenue Bonds
(Series 2019), 5.000%, 5/15/2027
|
1,240,459
|
|
1,000,000
|
|
Lower Colorado River Authority, TX (LCRA Transmission Services Corp.), Transmission Contract Refunding Revenue Bonds
(Series 2019), 5.000%, 5/15/2028
|
1,267,341
|
|
1,000,000
|
|
Lower Colorado River Authority, TX (LCRA Transmission Services Corp.), Transmission Contract Refunding Revenue Bonds
(Series 2020), 5.000%, 5/15/2025
|
1,175,361
|
|
1,250,000
|
|
Lower Colorado River Authority, TX (LCRA Transmission Services Corp.), Transmission Contract Refunding Revenue Bonds
(Series 2020), 5.000%, 5/15/2026
|
1,513,239
|
|
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
|
2,443,459
|
|
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
|
7,891,855
|
|
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
|
3,114,678
|
|
855,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Longhorn Village), Retirement Facilities Revenue Bonds
(Series 2017), 5.000%, 1/1/2022
|
871,977
|
|
945,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Longhorn Village), Retirement Facilities Revenue Bonds
(Series 2017), 5.000%, 1/1/2024
|
1,010,499
|
|
980,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Longhorn Village), Retirement Facilities Revenue Bonds
(Series 2017), 5.000%, 1/1/2025
|
1,069,461
|
|
735,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Westminster Manor), Revenue Bonds (Series 2016),
4.000%, 11/1/2021
|
747,929
|
|
500,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Westminster Manor), Revenue Bonds (Series 2016),
5.000%, 11/1/2023
|
548,514
|
|
625,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Westminster Manor), Revenue Bonds (Series 2016),
5.000%, 11/1/2024
|
706,393
|
|
1,105,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Westminster Manor), Revenue Bonds (Series 2016),
5.000%, 11/1/2025
|
1,265,828
|
|
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
|
1,569,759
|
|
1,400,000
|
|
North Texas Tollway Authority, First Tier Revenue Refunding Bonds (Series 2017A), 5.000%, 1/1/2025
|
1,513,221
|
|
2,000,000
|
|
North Texas Tollway Authority, Second Tier Revenue Refunding Bonds (Series 2019B), 5.000%, 1/1/2025
|
2,320,024
|
|
2,500,000
|
|
North Texas Tollway Authority, Second Tier Revenue Refunding Bonds (Series 2019B), 5.000%, 1/1/2026
|
2,990,033
|
|
2,500,000
|
|
North Texas Tollway Authority, Second Tier Revenue Refunding Bonds (Series 2019B), 5.000%, 1/1/2027
|
3,066,585
|
|
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
|
8,216,816
|
|
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
|
6,297,113
|
|
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
|
2,595,650
|
|
550,000
|
|
Sam Rayburn, TX Municipal Power Agency, Power Supply System Revenue Refunding Bonds (Series 2012),
5.000%, 10/1/2021
|
562,820
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Texas—continued
|
|
|
$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
|
$4,272,423
|
|
2,000,000
|
|
Texas Municipal Gas Acquisition & Supply Corp. III, Gas Supply Revenue Refunding Bonds (Series 2021), (Macquarie Group
Ltd. GTD), 5.000%, 12/15/2022
|
2,155,918
|
|
1,700,000
|
|
Texas Municipal Gas Acquisition & Supply Corp. III, Gas Supply Revenue Refunding Bonds (Series 2021), (Macquarie Group
Ltd. GTD), 5.000%, 12/15/2024
|
1,964,527
|
|
4,000,000
|
|
Texas Municipal Gas Acquisition & Supply Corp. III, Gas Supply Revenue Refunding Bonds (Series 2021), (Macquarie Group
Ltd. GTD), 5.000%, 12/15/2026
|
4,853,974
|
|
|
|
TOTAL
|
147,894,424
|
|
|
|
Utah—0.4%
|
|
|
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
|
4,878,169
|
|
|
|
Virginia—2.0%
|
|
|
4,500,000
|
|
Chesapeake Bay Bridge & Tunnel District, VA, First Tier General Resolution Revenue Bonds Anticipation Notes
(Series 2019), 5.000%, 11/1/2023
|
5,011,054
|
|
7,500,000
|
|
Louisa, VA IDA (Virginia Electric & Power Co.), PCR Refunding Bonds (Series 2008A) TOBs, 1.900%, Mandatory
Tender 6/1/2023
|
7,714,965
|
|
2,500,000
|
|
Virginia State Public Building Authority Public Facilities, Public Facilities Revenue Refunding Bonds (Series 2020B),
5.000%, 8/1/2025
|
2,981,783
|
|
1,500,000
|
|
Virginia State Public Building Authority Public Facilities, Public Facilities Revenue Refunding Bonds (Series 2020B),
5.000%, 8/1/2030
|
2,004,959
|
|
3,750,000
|
|
Wise County, VA IDA (Virginia Electric & Power Co.), (Series 2010A) TOBs, 1.200%, Mandatory Tender 5/31/2024
|
3,815,637
|
|
|
|
TOTAL
|
21,528,398
|
|
|
|
Washington—2.7%
|
|
|
1,000,000
|
|
Energy Northwest, WA, Columbia Generating Station Electric Revenue Refunding Bonds (Series 2020A), 5.000%, 7/1/2030
|
1,336,477
|
|
2,000,000
|
|
Energy Northwest, WA, Project 1 Electric Revenue Refunding Bonds (Series 2017-A), 5.000%, 7/1/2026
|
2,118,248
|
|
1,250,000
|
|
Energy Northwest, WA, Project 1 Electric Revenue Refunding Bonds (Series 2020A), 5.000%, 7/1/2027
|
1,574,226
|
|
1,000,000
|
|
Energy Northwest, WA, Project 1 Electric Revenue Refunding Bonds (Series 2020A), 5.000%, 7/1/2028
|
1,288,302
|
|
1,750,000
|
|
Port of Seattle, WA Revenue, Intermediate Lien Revenue Bonds (Series 2019), 5.000%, 4/1/2022
|
1,829,725
|
|
2,000,000
|
|
Port of Seattle, WA Revenue, Intermediate Lien Revenue Bonds (Series 2019), 5.000%, 4/1/2023
|
2,173,305
|
|
1,500,000
|
|
Port of Seattle, WA Revenue, Intermediate Lien Revenue Bonds (Series 2019), 5.000%, 4/1/2024
|
1,689,004
|
|
1,825,000
|
|
Port of Seattle, WA Revenue, Intermediate Lien Revenue Bonds (Series 2019), 5.000%, 4/1/2025
|
2,119,366
|
|
2,000,000
|
|
Port of Seattle, WA Revenue, Intermediate Lien Revenue Bonds (Series 2019), 5.000%, 4/1/2026
|
2,391,299
|
|
2,000,000
|
1
|
Seattle, WA Municipal Light & Power, Refunding Revenue Bonds—SIFMA Index (Series 2018C) FRNs, 0.540%
(SIFMA 7-day +0.490%), Mandatory Tender 11/1/2023
|
2,006,549
|
|
1,500,000
|
|
Seattle, WA Municipal Light & Power, Revenue Refunding Bonds (Series 2016C), 5.000%, 10/1/2023
|
1,675,999
|
|
3,760,000
|
1
|
Washington State Health Care Facilities Authority (Fred Hutchinson Cancer Research Center), Variable Rate LIBOR Index
Revenue Bonds (Series 2017B) FRNs, 1.173% (1-month USLIBOR x 0.67 +1.100%), Mandatory Tender 7/1/2022
|
3,775,105
|
|
3,000,000
|
1
|
Washington State Health Care Facilities Authority (Fred Hutchinson Cancer Research Center), Variable Rate SIFMA Index
Revenue Bonds (Series 2017C) FRNs, 1.100% (SIFMA 7-day +1.050%), Mandatory Tender 7/3/2023
|
3,024,793
|
|
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
|
3,069,880
|
|
|
|
TOTAL
|
30,072,278
|
|
|
|
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
|
4,215,644
|
|
|
|
Wyoming—0.3%
|
|
|
3,000,000
|
|
Sweetwater County, WY PCRB (Idaho Power Co.), PCR Refunding Bonds (Series 2006), 1.700%, 7/15/2026
|
3,087,615
|
|
|
|
TOTAL MUNICIPAL BONDS
(IDENTIFIED COST $938,909,650)
|
956,795,222
|
|
|
1
|
SHORT-TERM MUNICIPALS—12.6%
|
|
|
|
|
Alabama—1.5%
|
|
|
3,000,000
|
|
Columbia, AL IDB PCRB (Alabama Power Co.), (Series 1997) Daily VRDNs, 0.120%, 4/1/2021
|
3,000,000
|
|
3,700,000
|
|
Walker County, AL Economic IDA (Alabama Power Co.), (Series 2007) Daily VRDNs, 0.120%, 4/1/2021
|
3,700,000
|
|
Principal
Amount
|
|
|
Value
|
|
|
1
|
SHORT-TERM MUNICIPALS—continued
|
|
|
|
|
Alabama—continued
|
|
|
$10,290,000
|
|
West Jefferson, AL IDB Solid Waste Disposal (Alabama Power Co.), (Series 2008) Daily VRDNs, 0.120%, 4/1/2021
|
$10,290,000
|
|
|
|
TOTAL
|
16,990,000
|
|
|
|
California—3.9%
|
|
|
8,775,000
|
|
Los Angeles, CA Mutli-Family Housing Revenue Bonds (CORE Related/GALA Rentals, LP), SPEAR's 3a7 (Series DBE-8081)
VRDNs, (Deutsche Bank AG LIQ)/(Deutsche Bank AG LOC), 0.580%, 4/1/2021
|
8,775,000
|
|
17,600,000
|
|
Nuveen California AMT-Free Quality Municipal Income Fund, (Series A) Weekly VRDPs, 0.410%, 4/1/2021
|
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), 0.200%, 4/1/2021
|
6,700,000
|
|
10,000,000
|
|
San Francisco, CA City and County (1500 Mission Urban Housing LP), SPEARs 3a7 (Series DBE-8059) VRDNs,
(Deutsche Bank AG LIQ)/(Deutsche Bank AG LOC), 0.580%, 4/1/2021
|
10,000,000
|
|
|
|
TOTAL
|
43,075,000
|
|
|
|
Florida—0.3%
|
|
|
3,100,000
|
|
Jacksonville, FL HFA (Millennia Jacksonville TC LP), SPEARs (Series DBE-8055) VRDNs, (Deutsche Bank AG LIQ)/(Deutsche
Bank AG LOC), 0.580%, 4/1/2021
|
3,100,000
|
|
|
|
Georgia—2.5%
|
|
|
200,000
|
|
Appling County, GA Development Authority (Georgia Power Co.), (First Series 2011) Daily VRDNs, 0.110%, 4/1/2021
|
200,000
|
|
9,925,000
|
|
Burke County, GA Development Authority (Georgia Power Co.), (1st Series 2009) Daily VRDNs, 0.100%, 4/1/2021
|
9,925,000
|
|
1,800,000
|
|
Burke County, GA Development Authority (Georgia Power Co.), (Third Series 2012) Daily VRDNs, 0.120%, 4/1/2021
|
1,800,000
|
|
1,900,000
|
1
|
Floyd County, GA Development Authority PCRB (Georgia Power Co.), (First Series 1996) Daily VRDNs, 0.110%, 4/1/2021
|
1,900,000
|
|
10,300,000
|
|
Heard County, GA Development Authority (Georgia Power Co.), (First Series 2007) Daily VRDNs, 0.130%, 4/1/2021
|
10,300,000
|
|
3,000,000
|
|
Monroe County, GA Development Authority Pollution Control (Gulf Power Co.), (1st Series Remarketing 2019) Daily
VRDNs, 0.090%, 4/1/2021
|
3,000,000
|
|
|
|
TOTAL
|
27,125,000
|
|
|
|
Louisiana—0.4%
|
|
|
4,495,000
|
|
Calcasieu Parish, LA Public Trust Authority (Le Jolliet LP), SPEARs 3a7 (Series DBE-8060) VRDNs, (Deutsche Bank AG LIQ)/
(Deutsche Bank AG LOC), 0.580%, 4/1/2021
|
4,495,000
|
|
|
|
Multi State—0.3%
|
|
|
3,600,000
|
|
Nuveen AMT-Free Quality Municipal Income Fund, Series D Weekly VRDPs, 0.410%, 4/1/2021
|
3,600,000
|
|
|
|
New York—0.9%
|
|
|
2,500,000
|
|
New York City, NY Municipal Water Finance Authority, (Fiscal 2015 Subseries BB-2) Daily VRDNs, (Mizuho Bank Ltd. LIQ),
0.060%, 4/1/2021
|
2,500,000
|
|
2,500,000
|
|
New York City, NY, (Series 2021-2) Weekly VRENs, 0.200%, 4/1/2021
|
2,500,000
|
|
2,500,000
|
|
New York City, NY, (Series 2021-3) Weekly VRENs, 0.210%, 4/1/2021
|
2,500,000
|
|
1,850,000
|
|
New York City, NY, (Series B-3) Weekly VRENs, 0.210%, 4/1/2021
|
1,850,000
|
|
|
|
TOTAL
|
9,350,000
|
|
|
|
Texas—2.4%
|
|
|
1,500,000
|
|
Port of Corpus Christi Authority of Nueces County, TX (Flint Hills Resources LLC), (Series 2002A) Weekly VRDNs,
0.150%, 4/7/2021
|
1,500,000
|
|
20,375,000
|
|
Port of Port Arthur Navigation District of Jefferson County, TX (Motiva Enterprises LLC), (Series 2010C) Daily VRDNs,
0.100%, 4/1/2021
|
20,375,000
|
|
4,600,000
|
|
Port of Port Arthur Navigation District of Jefferson County, TX (Motiva Enterprises LLC), (Series 2010D) Weekly VRDNs,
0.140%, 4/7/2021
|
4,600,000
|
|
|
|
TOTAL
|
26,475,000
|
|
|
|
Wisconsin—0.4%
|
|
|
4,500,000
|
|
Wisconsin State HEFA (Marshfield Clinic), (Series 2020C) Weekly VRENs, 0.180%, 4/1/2021
|
4,500,000
|
|
|
|
TOTAL SHORT-TERM MUNICIPALS
(IDENTIFIED COST $138,710,000)
|
138,710,000
|
|
|
|
TOTAL INVESTMENT IN SECURITIES—99.7%
(IDENTIFIED COST $1,077,619,650)
|
1,095,505,222
|
|
|
|
OTHER ASSETS AND LIABILITIES - NET—0.3%3
|
3,768,591
|
|
|
|
TOTAL NET ASSETS—100%
|
$1,099,273,813
|
|
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
|
$1,534,503.00
|
|
California Municipal Finance Authority (Waste Management, Inc.), Solid Waste Disposal Revenue Bonds
(Series 2017A) TOBs, 0.700%, Mandatory Tender 12/1/2023
|
12/1/2020
|
$2,500,000
|
$2,521,116.00
|
|
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
|
|
LOC
|
—Letter of Credit
|
|
LT
|
—Limited Tax
|
|
PCR
|
—Pollution Control Revenue
|
|
PILOT
|
—Payment in Lieu of Taxes
|
|
PRF
|
—Pre-refunded
|
|
PUTTERs
|
—Puttable Tax-Exempt Receipts
|
|
SFM
|
—Single Family Mortgage
|
|
SIFMA
|
—Securities Industry and Financial Markets Association
|
|
SPEARs
|
—Short Puttable Exempt Adjustable Receipts
|
|
TANs
|
—Tax Anticipation Notes
|
|
TOBs
|
—Tender Option Bonds
|
|
UT
|
—Unlimited Tax
|
|
VRDNs
|
—Variable Rate Demand Notes
|
|
VRDPs
|
—Variable Rate Demand Preferreds
|
|
VRENs
|
—Variable Rate Extendible Notes
|