NPORT-EX 1 d779024dnportex.htm FORM NPORT-EX Form NPORT-EX



American Century Investments® 
Quarterly Portfolio Holdings
California High-Yield Municipal Fund
May 31, 2019










California High-Yield Municipal - Schedule of Investments
 
MAY 31, 2019 (UNAUDITED)                        
 
 
Shares/
Principal Amount ($)
Value ($)
MUNICIPAL SECURITIES — 99.7%
 
 
California — 98.4%
 
 
91 Express Lanes Toll Road Rev., 5.00%, 8/15/30
2,400,000

2,716,224

ABAG Finance Authority for Nonprofit Corps. Rev., (Jackson Laboratory), 5.00%, 7/1/37
2,000,000

2,180,780

ABC Unified School District GO, Capital Appreciation, 0.00%, 8/1/21 (NATL)(1)
1,000,000

965,350

Alameda Community Facilities District Special Tax, 5.00%, 9/1/42
1,250,000

1,392,400

Alameda Corridor Transportation Authority Rev., 5.00%, 10/1/26
2,000,000

2,287,300

Alameda Corridor Transportation Authority Rev., 5.00%, 10/1/27 (AGM)
2,000,000

2,289,100

Alameda Corridor Transportation Authority Rev., 5.00%, 10/1/35
2,270,000

2,634,789

Antelope Valley Healthcare District Rev., 5.00%, 3/1/46
5,000,000

5,245,100

Bay Area Toll Authority Rev., VRDN, 2.52%, (MUNIPSA plus 1.10%), 4/1/24
2,500,000

2,568,100

Beaumont Special Tax, (Beaumont Community Facilities District No. 2016-1), 5.00%, 9/1/44
300,000

341,382

Beaumont Special Tax, (Beaumont Community Facilities District No. 2016-1), 5.00%, 9/1/49
400,000

453,636

Beaumont Special Tax, (Beaumont Community Facilities District No. 93-1), 5.00%, 9/1/43
1,605,000

1,831,128

Beaumont Special Tax, (Beaumont Community Facilities District No. 93-1), 5.00%, 9/1/48
2,855,000

3,242,052

Beaumont Special Tax, (Beaumont Community Facilities District No. 93-1), 5.00%, 9/1/48
2,535,000

2,878,670

Berryessa Union School District GO, Capital Appreciation, 0.00%, 8/1/21 (AGM)(1)
1,190,000

1,151,468

Berryessa Union School District GO, Capital Appreciation, 0.00%, 8/1/22 (AGM)(1)
1,220,000

1,157,804

Berryessa Union School District GO, Capital Appreciation, 0.00%, 8/1/23 (AGM)(1)
1,000,000

929,310

California Community College Financing Authority Rev., (NCCD-Orange Coast Properties LLC), 5.25%, 5/1/53
6,250,000

7,174,187

California Community Housing Agency Rev., 5.00%, 4/1/49(2)
8,035,000

8,763,935

California County Tobacco Securitization Agency Rev., (Alameda County Tobacco Securitization Corp.), 0.00%, 6/1/50(1)
22,520,000

3,303,684

California County Tobacco Securitization Agency Rev., (Gold Country Settlement Funding Corp.), 5.25%, 6/1/46
1,000,000

999,920

California County Tobacco Securitization Agency Rev., (Los Angeles County Securitization Corp.), 5.45%, 6/1/28
2,000,000

2,030,280

California County Tobacco Securitization Agency Rev., (Los Angeles County Securitization Corp.), 5.65%, 6/1/41
1,500,000

1,510,350

California County Tobacco Securitization Agency Rev., (Los Angeles County Securitization Corp.), 0.00%, 6/1/46(1)
15,975,000

3,134,934

California Educational Facilities Authority Rev., (Board of Trustees of The Leland Stanford Junior University), 5.00%, 5/1/49
4,000,000

5,902,880

California Educational Facilities Authority Rev., (Chapman University), 5.00%, 4/1/25
715,000

857,671

California Educational Facilities Authority Rev., (Chapman University), 5.00%, 4/1/31 (GA: Brandman University)
1,820,000

1,932,949

California Educational Facilities Authority Rev., (Loma Linda University), 5.00%, 4/1/30
575,000

702,098

California Educational Facilities Authority Rev., (Loma Linda University), 5.00%, 4/1/31
650,000

787,196

California Educational Facilities Authority Rev., (Loma Linda University), 5.00%, 4/1/32
500,000

601,805

California Educational Facilities Authority Rev., (Loma Linda University), 5.00%, 4/1/33
575,000

689,281

California Educational Facilities Authority Rev., (Loma Linda University), 5.00%, 4/1/34
1,250,000

1,491,475

California Educational Facilities Authority Rev., (Loma Linda University), 5.00%, 4/1/35
1,250,000

1,486,813

California Health Facilities Financing Authority Rev., (Adventist Health System / West Obligated Group), 4.00%, 3/1/24
2,250,000

2,507,917

California Health Facilities Financing Authority Rev., (Kaiser Credit Group), VRDN, 1.16%, 6/7/19
1,500,000

1,500,000

California Infrastructure & Economic Development Bank Rev., (Colburn School), VRDN, 2.42%, (MUNIPSA plus 1.00%), 6/1/20
2,190,000

2,197,512

California Municipal Finance Authority Rev., (Azusa Pacific University), 5.00%, 4/1/41
1,860,000

1,995,650

California Municipal Finance Authority Rev., (Bowles Hall Foundation), 5.00%, 6/1/50
1,750,000

1,913,520

California Municipal Finance Authority Rev., (California Baptist University), 5.00%, 11/1/46(2)
2,000,000

2,248,340

California Municipal Finance Authority Rev., (Caritas Affordable Housing, Inc.), 5.00%, 8/15/20
600,000

623,208

California Municipal Finance Authority Rev., (Caritas Affordable Housing, Inc.), 5.00%, 8/15/22
360,000

395,039

California Municipal Finance Authority Rev., (Chevron Corp.), VRDN, 1.45%, 6/3/19 (GA: Chevron Corp.)
1,500,000

1,500,000



California Municipal Finance Authority Rev., (Chevron USA, Inc.), VRDN, 1.45%, 6/3/19 (GA: Chevron Corp.)
6,700,000

6,700,000

California Municipal Finance Authority Rev., (CHF-Davis I LLC), 5.00%, 5/15/51
12,205,000

14,211,990

California Municipal Finance Authority Rev., (CHF-Riverside I LLC), 5.00%, 5/15/52
5,140,000

5,985,222

California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 5.00%, 2/1/27
1,000,000

1,215,830

California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 5.00%, 2/1/46
3,615,000

4,053,174

California Municipal Finance Authority Rev., (Creative Center of Los Altos), 4.00%, 11/1/26(2)
625,000

647,713

California Municipal Finance Authority Rev., (Creative Center of Los Altos), 4.00%, 11/1/36(2)
1,400,000

1,427,874

California Municipal Finance Authority Rev., (Creative Center of Los Altos), 4.50%, 11/1/46(2)
3,100,000

3,206,485

California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/35
3,500,000

4,075,645

California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/35
1,500,000

1,746,705

California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/36
1,580,000

1,832,152

California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/37
1,500,000

1,731,540

California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/42
1,750,000

1,998,937

California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/47
3,000,000

3,402,780

California Municipal Finance Authority Rev., (Emerson College), 5.00%, 1/1/42
5,250,000

6,110,160

California Municipal Finance Authority Rev., (Northbay Healthcare Group Obligated Group), 5.00%, 11/1/24
1,000,000

1,149,500

California Municipal Finance Authority Rev., (Northbay Healthcare Group Obligated Group), 5.00%, 11/1/25
1,000,000

1,170,630

California Municipal Finance Authority Rev., (Northbay Healthcare Group Obligated Group), 5.00%, 11/1/26
500,000

594,100

California Municipal Finance Authority Rev., (Northbay Healthcare Group Obligated Group), 5.00%, 11/1/35
350,000

385,406

California Municipal Finance Authority Rev., (Northbay Healthcare Group Obligated Group), 5.00%, 11/1/40
500,000

545,110

California Municipal Finance Authority Rev., (Northbay Healthcare Group Obligated Group), 5.00%, 11/1/44
300,000

326,715

California Municipal Finance Authority Rev., (Northbay Healthcare Group Obligated Group), 5.25%, 11/1/47
1,600,000

1,783,200

California Municipal Finance Authority Rev., (Northern California Retired Officers Community), 2.25%, 7/1/25 (California Mortgage Insurance)
2,200,000

2,212,430

California Municipal Finance Authority Rev., (Palmdale Aerospace Academy, Inc.), 5.00%, 7/1/38(2)
2,200,000

2,464,088

California Municipal Finance Authority Rev., (Palmdale Aerospace Academy, Inc.), 5.00%, 7/1/49(2)
5,100,000

5,631,828

California Municipal Finance Authority Rev., (River Charter Schools), 5.50%, 6/1/38(2)
800,000

891,120

California Municipal Finance Authority Rev., (River Charter Schools), 5.50%, 6/1/48(2)
1,810,000

1,995,036

California Municipal Finance Authority Rev., (River Charter Schools), 5.50%, 6/1/53(2)
1,805,000

1,977,937

California Municipal Finance Authority Rev., (Santa Rosa Academy LLC), 5.125%, 7/1/35(2)
905,000

986,378

California Municipal Finance Authority Rev., (Santa Rosa Academy LLC), 5.375%, 7/1/45(2)
1,400,000

1,528,884

California Municipal Finance Authority Rev., (Touro College and University System Obligated Group), 5.25%, 1/1/34
950,000

1,056,524

California Municipal Finance Authority Rev., (Touro College and University System Obligated Group), 5.25%, 1/1/40
1,750,000

1,927,117

California Municipal Finance Authority Rev., (William Jessup University), 5.00%, 8/1/39
2,000,000

2,209,480

California Municipal Finance Authority Rev., (William Jessup University), 5.00%, 8/1/48
2,700,000

2,942,271

California Pollution Control Financing Authority Rev., (San Diego County Water Authority), 5.00%, 11/21/45(2)
1,500,000

1,758,945

California Public Finance Authority Rev., (Henry Mayo Newhall Memorial Hospital), 5.00%, 10/15/47
3,500,000

3,880,730

California School Finance Authority Rev., (Alliance for College Ready Public Schools Obligated Group), 5.00%, 7/1/31
4,000,000

4,569,840

California School Finance Authority Rev., (Alliance for College Ready Public Schools Obligated Group), 5.00%, 7/1/45(2)
5,000,000

5,534,050

California School Finance Authority Rev., (Aspire Public Schools Obligated Group), 5.00%, 8/1/27(2)
985,000

1,134,040

California School Finance Authority Rev., (Aspire Public Schools Obligated Group), 5.00%, 8/1/28(2)
1,285,000

1,476,722

California School Finance Authority Rev., (Aspire Public Schools Obligated Group), 5.00%, 8/1/29(2)
795,000

909,639

California School Finance Authority Rev., (Aspire Public Schools Obligated Group), 5.00%, 8/1/30(2)
400,000

455,516

California School Finance Authority Rev., (Aspire Public Schools Obligated Group), 5.00%, 8/1/31(2)
500,000

565,850

California School Finance Authority Rev., (Aspire Public Schools Obligated Group), 5.00%, 8/1/40(2)
1,000,000

1,106,560

California School Finance Authority Rev., (Aspire Public Schools Obligated Group), 5.00%, 8/1/41(2)
1,000,000

1,105,380

California School Finance Authority Rev., (Bright Star Schools Obligated Group), 5.00%, 6/1/37(2)
1,800,000

1,910,700

California School Finance Authority Rev., (Bright Star Schools Obligated Group), 5.00%, 6/1/47(2)
1,565,000

1,649,244

California School Finance Authority Rev., (Bright Star Schools Obligated Group), 5.00%, 6/1/54(2)
1,660,000

1,737,887

California School Finance Authority Rev., (Downtown College Prep Obligated Group), 4.00%, 6/1/26(2)
2,525,000

2,602,694



California School Finance Authority Rev., (Downtown College Prep Obligated Group), 4.50%, 6/1/31(2)
1,500,000

1,561,125

California School Finance Authority Rev., (Downtown College Prep Obligated Group), 4.75%, 6/1/36(2)
1,500,000

1,566,165

California School Finance Authority Rev., (Downtown College Prep Obligated Group), 5.00%, 6/1/46(2)
4,630,000

4,860,991

California School Finance Authority Rev., (Downtown College Prep Obligated Group), 5.00%, 6/1/51(2)
2,000,000

2,087,440

California School Finance Authority Rev., (Ednovate Obligated Group), 5.00%, 6/1/30(2)
325,000

353,064

California School Finance Authority Rev., (Ednovate Obligated Group), 5.00%, 6/1/37(2)
430,000

460,074

California School Finance Authority Rev., (Ednovate Obligated Group), 5.00%, 6/1/48(2)
1,100,000

1,166,880

California School Finance Authority Rev., (Ednovate Obligated Group), 5.00%, 6/1/56(2)
1,000,000

1,053,830

California School Finance Authority Rev., (Encore Education Obligated Group), 5.00%, 6/1/42(2)
2,010,000

1,821,402

California School Finance Authority Rev., (Encore Education Obligated Group), 5.00%, 6/1/52(2)
2,190,000

1,922,141

California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.00%, 8/1/38(2)
1,000,000

1,165,180

California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.00%, 8/1/45(2)
3,500,000

3,874,150

California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.00%, 8/1/48(2)
3,500,000

4,024,055

California School Finance Authority Rev., (Kepler Education, Inc.), 5.75%, 5/1/37(2)
1,050,000

1,045,296

California School Finance Authority Rev., (Kepler Education, Inc.), 5.875%, 5/1/47(2)
1,425,000

1,418,132

California School Finance Authority Rev., (Kipp Schools), 4.125%, 7/1/24
345,000

362,799

California School Finance Authority Rev., (Kipp Schools), 5.00%, 7/1/34
500,000

555,835

California School Finance Authority Rev., (Kipp Schools), 5.00%, 7/1/37(2)
1,180,000

1,371,148

California School Finance Authority Rev., (Kipp Schools), 5.125%, 7/1/44
700,000

771,176

California School Finance Authority Rev., (Kipp Schools), 5.00%, 7/1/45(2)
1,650,000

1,835,724

California School Finance Authority Rev., (Kipp Socal Public Schools Obligated Group), 5.00%, 7/1/39(3)
1,000,000

1,188,340

California School Finance Authority Rev., (Kipp Socal Public Schools Obligated Group), 5.00%, 7/1/49(3)
1,000,000

1,172,130

California School Finance Authority Rev., (Kipp Socal Public Schools Obligated Group), 5.00%, 7/1/54(3)
2,150,000

2,499,826

California School Finance Authority Rev., (Larchmont Schools), 5.00%, 6/1/33(2)
500,000

543,535

California School Finance Authority Rev., (Larchmont Schools), 5.00%, 6/1/43(2)
550,000

589,248

California School Finance Authority Rev., (Larchmont Schools), 5.00%, 6/1/55(2)
1,000,000

1,060,800

California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/21(2)
770,000

784,330

California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/26(2)
500,000

541,345

California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/31(2)
870,000

924,036

California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/36(2)
1,000,000

1,052,810

California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/37(2)
360,000

383,152

California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/46(2)
2,100,000

2,192,694

California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/53(2)
2,265,000

2,374,399

California School Finance Authority Rev., (Summit Public Schools Obligated Group), 5.00%, 6/1/37(2)
1,000,000

1,149,610

California School Finance Authority Rev., (Summit Public Schools Obligated Group), 5.00%, 6/1/47(2)
1,870,000

2,119,795

California School Finance Authority Rev., (Summit Public Schools Obligated Group), 4.30%, 6/1/53(2)
2,935,000

2,978,086

California State Public Works Board Rev., 5.00%, 4/1/25
1,500,000

1,648,650

California State Public Works Board Rev., 5.00%, 12/1/31
975,000

1,057,037

California State Public Works Board Rev., 5.00%, 4/1/37
5,465,000

5,956,194

California State Public Works Board Rev., 5.00%, 11/1/38
2,350,000

2,658,531

California State Public Works Board Rev., (State of California Department of Corrections & Rehabilitation), 5.75%, 10/1/31
1,000,000

1,095,940

California State Public Works Board Rev., (State of California Department of Corrections & Rehabilitation), 5.00%, 9/1/39
7,000,000

7,957,950

California Statewide Communities Development Authority Rev., (899 Charleston LLC), 5.25%, 11/1/44(2)
1,500,000

1,642,980

California Statewide Communities Development Authority Rev., (Adventist Health System / West Obligated Group), 5.00%, 3/1/35
1,785,000

2,085,237

California Statewide Communities Development Authority Rev., (American Baptist Homes of the West Obligated Group), 5.00%, 10/1/43 (GA: American Baptist Homes Foundation)
1,200,000

1,270,920

California Statewide Communities Development Authority Rev., (American Baptist Homes of the West Obligated Group), 5.00%, 10/1/45
2,400,000

2,647,992

California Statewide Communities Development Authority Rev., (Be.group), 7.25%, 11/15/41(2)
2,500,000

2,560,125



California Statewide Communities Development Authority Rev., (California Baptist University), 3.00%, 11/1/22(2)
1,670,000

1,692,445

California Statewide Communities Development Authority Rev., (California Baptist University), 3.50%, 11/1/27(2)
2,630,000

2,781,593

California Statewide Communities Development Authority Rev., (California Baptist University), 5.00%, 11/1/32(2)
3,090,000

3,623,859

California Statewide Communities Development Authority Rev., (California Baptist University), 5.00%, 11/1/41(2)
4,450,000

5,096,273

California Statewide Communities Development Authority Rev., (Chevron USA, Inc.), VRDN, 1.45%, 6/3/19 (GA: Chevron Corp.)
3,400,000

3,400,000

California Statewide Communities Development Authority Rev., (Collis P and Howard Huntington Memorial Hospital Obligated Group), 5.00%, 7/1/34
1,500,000

1,692,030

California Statewide Communities Development Authority Rev., (Collis P and Howard Huntington Memorial Hospital Obligated Group), 5.00%, 7/1/44
2,760,000

3,086,839

California Statewide Communities Development Authority Rev., (Cottage Health System Obligated Group), 5.25%, 11/1/30
1,250,000

1,313,375

California Statewide Communities Development Authority Rev., (Episcopal Communities & Services for Seniors), 5.00%, 5/15/42
1,500,000

1,605,840

California Statewide Communities Development Authority Rev., (Henry Mayo Newhall Memorial Hospital), 5.25%, 10/1/43 (AGM)
1,000,000

1,121,750

California Statewide Communities Development Authority Rev., (Independence Support LLC), 7.00%, 6/1/45(4)(5)
7,000,000

4,270,000

California Statewide Communities Development Authority Rev., (Kaiser Credit Group), VRDN, 1.15%, 6/7/19
500,000

500,000

California Statewide Communities Development Authority Rev., (Lancer Educational Housing LLC), 5.00%, 6/1/46(2)
3,500,000

3,825,360

California Statewide Communities Development Authority Rev., (Lancer Educational Housing LLC), 5.00%, 6/1/51(2)
1,450,000

1,629,452

California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.00%, 12/1/26(2)
2,000,000

2,315,620

California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.00%, 12/1/29(2)
3,155,000

3,603,452

California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.00%, 12/1/36(2)
1,000,000

1,116,640

California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.00%, 12/1/41(2)
1,700,000

1,884,450

California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.25%, 12/1/44
5,000,000

5,514,000

California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.00%, 12/1/46(2)
9,900,000

10,924,947

California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.50%, 12/1/54
4,605,000

5,108,971

California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.50%, 12/1/58(2)
14,750,000

17,077,402

California Statewide Communities Development Authority Rev., (Methodist Hospital of Southern California Obligated Group), 5.00%, 1/1/48
10,000,000

11,538,400

California Statewide Communities Development Authority Rev., (NCCD-Hooper Street LLC), 5.25%, 7/1/49(2)
3,375,000

3,829,781

California Statewide Communities Development Authority Rev., (Redlands Community Hospital), 4.00%, 10/1/41
6,500,000

6,915,935

California Statewide Communities Development Authority Rev., (Viamonte Senior Living 1, Inc.), 3.00%, 7/1/25 (California Mortgage Insurance)
2,500,000

2,549,350

California Statewide Communities Development Authority Rev., (Viamonte Senior Living 1, Inc.), 3.00%, 7/1/26 (California Mortgage Insurance)
2,750,000

2,801,287

California Statewide Communities Development Authority Rev., (Viamonte Senior Living 1, Inc.), 3.00%, 7/1/27 (California Mortgage Insurance)
1,500,000

1,526,355

California Statewide Communities Development Authority Special Assessment, 2.70%, 9/2/22
345,000

350,258

California Statewide Communities Development Authority Special Assessment, 3.00%, 9/2/23
355,000

365,132

California Statewide Communities Development Authority Special Assessment, 3.00%, 9/2/24
365,000

376,326

California Statewide Communities Development Authority Special Assessment, 5.00%, 9/2/35
1,920,000

2,165,165

California Statewide Communities Development Authority Special Assessment, 5.00%, 9/2/45
3,810,000

4,246,474

California Statewide Communities Development Authority Special Tax, 5.00%, 9/1/39
1,545,000

1,734,340

California Statewide Communities Development Authority Special Tax, 5.00%, 9/1/48
1,750,000

1,939,612

California Statewide Communities Development Authority Special Tax, 5.00%, 9/2/34
1,125,000

1,352,948

California Statewide Communities Development Authority Special Tax, 5.00%, 9/1/36
1,000,000

1,125,140

California Statewide Communities Development Authority Special Tax, 5.00%, 9/1/37
4,120,000

4,591,781



California Statewide Communities Development Authority Special Tax, 5.00%, 9/2/39
600,000

712,710

California Statewide Communities Development Authority Special Tax, 4.00%, 9/2/44
900,000

959,193

California Statewide Communities Development Authority Special Tax, 5.00%, 9/1/45
1,500,000

1,669,995

California Statewide Communities Development Authority Special Tax, 5.00%, 9/1/47
1,650,000

1,887,649

California Statewide Communities Development Authority Special Tax, 5.00%, 9/1/48
7,330,000

8,488,067

California Statewide Communities Development Authority Special Tax, 5.00%, 9/2/49
700,000

820,638

Cathedral City Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 8/1/29 (AGM)
1,250,000

1,440,750

Cathedral City Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 8/1/30 (AGM)
1,315,000

1,511,593

Cathedral City Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 8/1/31 (AGM)
1,380,000

1,580,735

Central Basin Municipal Water District Rev., 5.00%, 8/1/44
5,000,000

5,700,350

Chino Community Facilities District Special Tax, 5.00%, 9/1/43
3,160,000

3,677,640

Chino Community Facilities District Special Tax, 5.00%, 9/1/48
2,500,000

2,895,475

Chula Vista Community Facilities District Special Tax, (Chula Vista Community Facilities District No. 06-1), 5.00%, 9/1/43
595,000

676,961

Chula Vista Community Facilities District Special Tax, (Chula Vista Community Facilities District No. 06-1), 5.00%, 9/1/48
1,000,000

1,135,090

Corona-Norco Unified School District Special Tax, 5.00%, 9/1/43
2,430,000

2,766,968

Corona-Norco Unified School District Special Tax, 4.00%, 9/1/45
2,000,000

2,102,620

Corona-Norco Unified School District Special Tax, 5.00%, 9/1/48
1,500,000

1,702,560

Del Mar Race Track Authority Rev., 5.00%, 10/1/29
1,010,000

1,133,816

Del Mar Race Track Authority Rev., 5.00%, 10/1/35
2,000,000

2,207,740

Dixon Special Tax, 5.00%, 9/1/45
4,780,000

5,317,511

Duarte Unified School District GO, Capital Appreciation, 0.00%, 11/1/23 (AGM)(1)
1,150,000

1,062,025

Dublin Community Facilities District Improvement Area No. 1 Special Tax, 5.00%, 9/1/37
1,150,000

1,326,767

Dublin Community Facilities District Improvement Area No. 1 Special Tax, 5.00%, 9/1/47
2,840,000

3,222,832

East Garrison Public Finance Authority Special Tax, 5.00%, 9/1/46
1,250,000

1,400,188

Eastern Municipal Water District Special Tax, 5.00%, 9/1/36
3,575,000

4,020,195

El Dorado County Special Tax, 5.00%, 9/1/27
1,055,000

1,273,649

El Dorado County Special Tax, 5.00%, 9/1/29
1,225,000

1,461,646

El Dorado County Special Tax, 5.00%, 9/1/30
1,325,000

1,570,443

El Dorado County Special Tax, 5.00%, 9/1/31
1,280,000

1,508,339

El Dorado County Special Tax, 5.00%, 9/1/32
1,355,000

1,586,339

El Dorado County Special Tax, 4.00%, 9/1/43
1,250,000

1,310,800

El Dorado County Special Tax, 4.00%, 9/1/46
2,350,000

2,435,140

El Dorado County Special Tax, 5.00%, 9/1/48
2,850,000

3,178,320

El Dorado County Special Tax, (El County Dorado Community Facilities District No. 2018-1 Bass Lake Hills), 5.00%, 9/1/34
450,000

515,138

El Dorado County Special Tax, (El County Dorado Community Facilities District No. 2018-1 Bass Lake Hills), 5.00%, 9/1/39
725,000

820,990

El Dorado County Special Tax, (El County Dorado Community Facilities District No. 2018-1 Bass Lake Hills), 5.00%, 9/1/44
1,300,000

1,468,012

El Dorado County Special Tax, (El County Dorado Community Facilities District No. 2018-1 Bass Lake Hills), 5.00%, 9/1/49
1,500,000

1,688,505

Elk Grove Finance Authority Special Tax, 5.00%, 9/1/43
1,040,000

1,178,154

Elk Grove Finance Authority Special Tax, 5.00%, 9/1/48
1,250,000

1,408,988

Emeryville Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/31 (AGM)
590,000

685,869

Emeryville Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/34 (AGM)
1,000,000

1,152,900

Escondido Joint Powers Financing Authority Rev., 5.00%, 9/1/31
1,355,000

1,476,245

Folsom Ranch Financing Authority Special Tax, 5.00%, 9/1/47
4,325,000

4,947,627

Folsom Ranch Financing Authority Special Tax, (Folsom CA-Community Facilities District No. 20), 5.00%, 9/1/33
530,000

614,021

Folsom Ranch Financing Authority Special Tax, (Folsom CA-Community Facilities District No. 20), 5.00%, 9/1/38
845,000

966,739

Folsom Ranch Financing Authority Special Tax, (Folsom CA-Community Facilities District No. 20), 5.00%, 9/1/48
1,675,000

1,898,830

Fontana Special Tax, (City of Fontana CA Community Facilities District No. 80 Bella Strada), 5.00%, 9/1/46
1,000,000

1,145,230



Fontana Special Tax, (Fontana Community Facilities District No. 31), 5.00%, 9/1/35
1,365,000

1,572,808

Foothill-Eastern Transportation Corridor Agency Rev., 6.50%, 1/15/43
4,000,000

4,737,560

Foothill-Eastern Transportation Corridor Agency Rev., 6.00%, 1/15/49
27,500,000

32,320,200

Foothill-Eastern Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/15/42(1)
6,000,000

2,598,600

Foothill-Eastern Transportation Corridor Agency Rev., Capital Appreciation, VRN, 0.00%, 1/15/24
2,200,000

2,209,988

Foothill-Eastern Transportation Corridor Agency Rev., VRDN, 5.50%, 1/15/23
3,750,000

4,191,750

Fremont Community Facilities District No. 1 Special Tax, 5.00%, 9/1/40
3,000,000

3,357,900

Fremont Community Facilities District No. 1 Special Tax, 5.00%, 9/1/45
2,000,000

2,230,660

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/24
1,500,000

1,701,315

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/25
1,000,000

1,156,680

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/26
1,000,000

1,178,480

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/29
1,545,000

1,822,003

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/29
1,500,000

1,707,255

Golden State Tobacco Securitization Corp. Rev., 5.30%, 6/1/37
7,000,000

7,154,140

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/47
10,000,000

9,950,100

Golden State Tobacco Securitization Corp. Rev., 5.25%, 6/1/47
16,500,000

16,613,190

Golden State Tobacco Securitization Corp. Rev., Capital Appreciation, 0.00%, 6/1/47(1)
45,000,000

7,546,500

Hemet Unified School District Financing Authority Special Tax, 5.00%, 9/1/34
350,000

391,241

Hemet Unified School District Financing Authority Special Tax, 5.00%, 9/1/39
2,100,000

2,326,926

Hesperia Special Tax, 5.00%, 9/1/29
1,060,000

1,183,087

Hesperia Special Tax, 5.00%, 9/1/35
2,690,000

2,968,254

Huntington Beach Community Facilities District Special Tax, 5.375%, 9/1/33
1,700,000

1,881,033

Independent Cities Finance Authority Rev., 5.00%, 10/15/47
4,000,000

4,236,920

Independent Cities Finance Authority Rev., (Augusta Communities LLC), 5.00%, 5/15/39
2,500,000

2,656,700

Independent Cities Finance Authority Rev., (Millennium Housing Corp.), 5.00%, 9/15/36
1,000,000

1,084,450

Independent Cities Finance Authority Rev., (Millennium Housing Corp.), 5.00%, 9/15/36
1,500,000

1,626,675

Independent Cities Finance Authority Rev., (Millennium Housing LLC), 6.75%, 8/15/46
2,500,000

2,730,525

Inland Valley Development Agency Tax Allocation, 5.25%, 9/1/37
1,110,000

1,268,475

Irvine Special Assessment, 5.00%, 9/2/24
700,000

778,645

Irvine Special Assessment, 5.00%, 9/2/26
600,000

665,202

Irvine Special Assessment, 5.00%, 9/2/29
700,000

789,915

Irvine Special Assessment, 5.00%, 9/2/30
350,000

393,316

Irvine Special Assessment, 5.00%, 9/2/42
1,500,000

1,674,870

Irvine Special Assessment, VRDN, 1.30%, 6/3/19 (LOC: State Street Bank & Trust Co.)
500,000

500,000

Irvine Special Tax, 5.00%, 9/1/39
1,000,000

1,102,930

Irvine Special Tax, 5.00%, 9/1/44
500,000

548,895

Irvine Special Tax, 5.00%, 9/1/49
4,500,000

4,921,290

Irvine Special Tax, (Irvine Community Facilities District No. 2013-3), 5.00%, 9/1/43
2,500,000

2,849,550

Irvine Special Tax, (Irvine Community Facilities District No. 2013-3), 5.00%, 9/1/48
4,250,000

4,829,487

Irvine Unified School District Special Tax, 5.00%, 9/1/29
550,000

657,696

Irvine Unified School District Special Tax, 5.00%, 9/1/29
700,000

837,067

Irvine Unified School District Special Tax, 5.00%, 9/1/31
420,000

496,721

Irvine Unified School District Special Tax, 5.00%, 9/1/34
500,000

584,690

Irvine Unified School District Special Tax, 6.70%, 9/1/35
515,000

539,540

Irvine Unified School District Special Tax, 5.00%, 3/1/57
3,500,000

3,955,770

Jurupa Community Services District Special Tax, 5.00%, 9/1/37
250,000

266,385

Jurupa Community Services District Special Tax, 5.00%, 9/1/40
1,605,000

1,816,090

Jurupa Community Services District Special Tax, 5.00%, 9/1/42
1,000,000

1,062,190

Jurupa Public Financing Authority Special Tax, 5.00%, 9/1/42
1,000,000

1,131,820



Jurupa Unified School District Special Tax, 5.00%, 9/1/33
1,220,000

1,412,443

Jurupa Unified School District Special Tax, 5.00%, 9/1/38
1,000,000

1,144,570

Jurupa Unified School District Special Tax, 5.00%, 9/1/43
1,255,000

1,430,436

Jurupa Unified School District Special Tax, 4.00%, 9/1/47
1,000,000

1,045,700

La Verne COP, (Brethren Hillcrest Homes), 5.00%, 5/15/36
1,100,000

1,153,834

Lake Elsinore Special Tax, (Lake Elsinore Community Facilities District No. 2016-2), 5.00%, 9/1/43
2,470,000

2,790,606

Lake Elsinore Special Tax, (Lake Elsinore Community Facilities District No. 2016-2), 5.00%, 9/1/48
3,640,000

4,099,659

Lake Elsinore Facilities Financing Authority Special Tax, 4.00%, 9/1/44
535,000

560,627

Lake Elsinore Public Financing Authority Special Tax, 5.00%, 9/1/34
535,000

590,613

Lake Elsinore Public Financing Authority Special Tax, 5.00%, 9/1/40
1,925,000

2,151,880

Lake Elsinore Unified School District Community Facilities District Special Tax, 4.00%, 9/1/42
600,000

626,100

Lake Elsinore Unified School District Community Facilities District Special Tax, 4.00%, 9/1/47
900,000

939,150

Lammersville Joint Unified School District Special Tax, (Lammersville Joint Unified School District Community Facilities Dist No. 2007-1), 6.00%, 9/1/43
1,250,000

1,425,500

Lammersville Joint Unified School District Special Tax, (Lammersville Joint Unified School District Community Facilities Dist No. 2014-1), 5.00%, 9/1/43
775,000

881,904

Lammersville Joint Unified School District Special Tax, (Lammersville Joint Unified School District Community Facilities Dist No. 2014-1), 5.00%, 9/1/47
3,750,000

4,289,850

Lammersville Joint Unified School District Special Tax, (Lammersville Joint Unified School District Community Facilities Dist No. 2014-1), 5.00%, 9/1/48
2,500,000

2,840,225

Lammersville Joint Unified School District Special Tax, (Lammersville Joint Unified School District Community Facilities District No. 200), 5.00%, 9/1/27
450,000

541,476

Lammersville Joint Unified School District Special Tax, (Lammersville Joint Unified School District Community Facilities District No. 200), 5.00%, 9/1/28
505,000

604,303

Lammersville Joint Unified School District Special Tax, (Lammersville Joint Unified School District Community Facilities District No. 200), 5.00%, 9/1/30
1,300,000

1,540,656

Lammersville Joint Unified School District Special Tax, (Lammersville Joint Unified School District Community Facilities District No. 200), 5.00%, 9/1/32
1,510,000

1,773,555

Long Beach Bond Finance Authority Rev., 5.50%, 11/15/37
1,150,000

1,572,913

Los Angeles Community Facilities District Special Tax, 6.40%, 9/1/22
620,000

622,722

Los Angeles County COP, 5.00%, 3/1/23
1,000,000

1,135,690

Los Angeles County Schools COP, 5.00%, 6/1/19 (AGM)
1,200,000

1,200,000

Los Angeles County Schools COP, 5.00%, 6/1/20 (AGM)
1,305,000

1,352,424

Los Angeles County Schools COP, 5.00%, 6/1/21 (AGM)
1,895,000

2,033,183

Los Angeles Department of Water & Power System Rev., 5.00%, 7/1/30
3,500,000

3,997,385

Los Angeles Department of Water & Power System Rev., VRDN, 1.25%, 6/3/19 (SBBPA: Bank of America N.A.)
4,030,000

4,030,000

Los Angeles Department of Water & Power System Rev., VRDN, 1.25%, 6/3/19 (SBBPA: Bank of America N.A.)
400,000

400,000

Los Angeles Department of Water & Power System Rev., VRDN, 1.25%, 6/3/19 (SBBPA: TD Bank N.A.)
500,000

500,000

Los Angeles Department of Water & Power System Rev., VRDN, 1.30%, 6/3/19 (SBBPA: Barclays Bank)
1,400,000

1,400,000

Los Angeles Unified School District COP, 5.00%, 10/1/29
350,000

386,740

Los Angeles Unified School District GO, 5.00%, 7/1/30
1,155,000

1,341,209

M-S-R Energy Authority Rev., 7.00%, 11/1/34
1,700,000

2,542,877

M-S-R Energy Authority Rev., 6.50%, 11/1/39
4,000,000

6,010,320

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/21
125,000

132,865

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/21
215,000

228,382

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/22
100,000

108,744

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/22
225,000

244,379

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/23
100,000

111,105

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/23
110,000

121,839

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/24
250,000

280,910

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/25
175,000

200,023

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/25
260,000

294,767



Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/26
135,000

156,933

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/26
115,000

132,778

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/27
100,000

114,911

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/28
100,000

116,042

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/28
100,000

114,351

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/33
340,000

387,318

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/33
250,000

281,570

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/38
400,000

450,268

Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/38
250,000

278,540

Menifee Union School District Special Tax, 5.00%, 9/1/44(3)
1,000,000

1,148,820

Menifee Union School District Special Tax, 5.00%, 9/1/48(3)
1,300,000

1,489,800

Menifee Union School District Special Tax, 5.00%, 9/1/43
1,000,000

1,134,660

Menifee Union School District Special Tax, 5.00%, 9/1/48
1,500,000

1,697,955

Menifee Union School District Public Financing Authority Special Tax, 5.00%, 9/1/24
1,200,000

1,394,988

Menifee Union School District Public Financing Authority Special Tax, 5.00%, 9/1/26
755,000

894,003

Menifee Union School District Public Financing Authority Special Tax, 4.00%, 9/1/27
420,000

468,518

Menifee Union School District Public Financing Authority Special Tax, 5.00%, 9/1/28
325,000

383,458

Metropolitan Water District of Southern California Rev., VRDN, 1.24%, 6/3/19 (SBBPA: Citibank N.A.)
1,700,000

1,700,000

Metropolitan Water District of Southern California Rev., VRDN, 1.25%, 6/3/19 (SBBPA: Toronto-Dominion Bank)
2,170,000

2,170,000

Metropolitan Water District of Southern California Rev., VRDN, 1.25%, 6/3/19 (SBBPA: Toronto-Dominion Bank)
1,000,000

1,000,000

Metropolitan Water District of Southern California Rev., VRDN, 1.26%, 6/3/19 (SBBPA: Bank of America N.A.)
2,350,000

2,350,000

Moorpark Rev., (Villa del Arroyo Moorpark LLC), 6.50%, 5/15/41
4,000,000

4,311,560

Moreno Valley Unified School District Community Facilities District Special Tax, (Moreno Valley Unified School District Community Facilities District No. 2015-2), 5.00%, 9/1/44
435,000

486,234

Moreno Valley Unified School District Community Facilities District Special Tax, (Moreno Valley Unified School District Community Facilities District No. 2015-2), 5.00%, 9/1/48
485,000

540,950

Murrieta Community Facilities District Special Tax, 5.00%, 9/1/42
655,000

745,383

Murrieta Community Facilities District Special Tax, 5.00%, 9/1/46
825,000

934,989

Murrieta Financing Authority Special Tax, 5.00%, 9/1/31
1,735,000

1,887,836

Murrieta Valley Unified School District Public Financing Authority Special Tax, 5.00%, 9/1/30
1,735,000

2,025,630

Murrieta Valley Unified School District Public Financing Authority Special Tax, 5.00%, 9/1/31
1,915,000

2,224,521

Murrieta Valley Unified School District Public Financing Authority Special Tax, 5.00%, 9/1/32
1,155,000

1,337,409

Napa Special Tax, 4.00%, 9/1/25
155,000

168,916

Napa Special Tax, 4.00%, 9/1/26
365,000

401,303

Napa Special Tax, 4.00%, 9/1/33
315,000

337,838

Napa Special Tax, 4.00%, 9/1/34
400,000

427,796

Norman Y Mineta San Jose International Airport SJC Rev., 5.25%, 3/1/34
2,605,000

2,759,424

Northern California Power Agency Rev., 5.00%, 7/1/31
1,090,000

1,202,412

Northern Inyo County Local Hospital District, 0.00%, 11/1/34(1)
1,325,000

724,444

Northern Inyo County Local Hospital District, 0.00%, 11/1/36(1)
2,885,000

1,436,586

Northern Inyo County Local Hospital District Rev., 3.875%, 12/1/27
4,065,000

4,195,690

Ontario Community Facilities District No. 24 Special Tax, 5.00%, 9/1/26
390,000

463,706

Ontario Community Facilities District No. 24 Special Tax, 5.00%, 9/1/41
2,065,000

2,341,194

Ontario Community Facilities District No. 24 Special Tax, 5.00%, 9/1/46
1,000,000

1,129,270

Ontario Community Facilities District No. 28 Special Tax, 5.00%, 9/1/42
1,000,000

1,112,100

Ontario Community Facilities District No. 28 Special Tax, 5.00%, 9/1/47
500,000

556,825

Ontario Community Facilities District No. 30 Special Tax, 4.00%, 9/1/42
1,395,000

1,461,821

Ontario Community Facilities District No. 30 Special Tax, 4.00%, 9/1/48
2,000,000

2,088,460

Ontario Community Facilities District No. 31 Special Tax, 5.00%, 9/1/42
1,050,000

1,203,815

Ontario Community Facilities District No. 34 Special Tax, 4.00%, 9/1/48
1,000,000

1,043,140



Orange County Community Facilities District Special Tax, 5.25%, 8/15/45
4,000,000

4,505,360

Orange County Community Facilities District Special Tax, 5.00%, 8/15/46
10,000,000

11,291,600

Orange County Community Facilities District Special Tax, 5.00%, 8/15/47
2,550,000

2,950,503

Oroville Rev., (Oroville Hospital), 5.25%, 4/1/39
2,350,000

2,758,500

Oroville Rev., (Oroville Hospital), 5.25%, 4/1/49
4,000,000

4,611,080

Oroville Rev., (Oroville Hospital), 5.25%, 4/1/54
3,000,000

3,441,810

Oxnard Financing Authority Rev., 5.00%, 6/1/34 (AGM)
2,750,000

3,138,987

Palm Desert Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 10/1/22 (BAM)
400,000

448,604

Palm Desert Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 10/1/24 (BAM)
475,000

565,853

Palm Desert Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 10/1/25 (BAM)
850,000

1,040,162

Palm Desert Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 10/1/26 (BAM)
600,000

752,454

Palomar Health Rev., (Palomar Health Obligated Group), 5.00%, 11/1/27
2,005,000

2,355,574

Palomar Health Rev., (Palomar Health Obligated Group), 5.00%, 11/1/30
3,000,000

3,473,430

Palomar Health Rev., (Palomar Health Obligated Group), 5.00%, 11/1/31
2,125,000

2,443,750

Palomar Health Rev., (Palomar Health Obligated Group), 5.00%, 11/1/36
8,465,000

9,578,571

Palomar Health Rev., (Palomar Health Obligated Group), 4.00%, 11/1/39
8,875,000

9,171,336

Palomar Health Rev., (Palomar Health Obligated Group), 5.00%, 11/1/39
8,250,000

9,260,295

Palomar Health Rev., (Palomar Health Obligated Group), 5.00%, 11/1/42
10,000,000

11,180,100

Paramount Unified School District GO, 4.00%, 8/1/48 (BAM)
2,500,000

2,695,475

Perris Joint Powers Authority Special Tax, 5.00%, 9/1/26
1,090,000

1,290,560

Perris Joint Powers Authority Special Tax, 5.00%, 9/1/27
1,000,000

1,202,210

Perris Joint Powers Authority Special Tax, 5.00%, 9/1/30
1,325,000

1,569,131

Perris Joint Powers Authority Special Tax, 5.00%, 9/1/34
1,555,000

1,814,778

Perris Union High School District Special Tax, 5.00%, 9/1/41
4,750,000

5,261,337

Pleasant Valley School District / Ventura County GO, 5.85%, 8/1/31 (NATL)
4,835,000

6,147,461

Poway Unified School District Public Financing Authority Special Tax, 5.00%, 9/1/34
995,000

1,121,952

Poway Unified School District Public Financing Authority Special Tax, 5.00%, 9/1/35
990,000

1,113,928

Poway Unified School District Public Financing Authority Special Tax, 5.00%, 9/1/36
1,245,000

1,397,015

Rancho Cordova Special Tax, 4.00%, 9/1/31
1,350,000

1,439,559

Rancho Cordova Special Tax, 4.00%, 9/1/37
3,000,000

3,155,820

Rancho Cordova Special Tax, 5.00%, 9/1/40
1,195,000

1,332,580

Rancho Cordova Special Tax, 4.00%, 9/1/45
1,025,000

1,073,349

Rancho Cordova Special Tax, 5.00%, 9/1/45
1,250,000

1,389,150

Redding Electric System Rev., 5.00%, 6/1/21
400,000

430,072

Redding Electric System Rev., 5.00%, 6/1/23
740,000

849,002

Redwood City Redevelopment Agency Successor Agency Tax Allocation, Capital Appreciation, 0.00%, 7/15/28 (Ambac)(1)
3,405,000

2,735,407

Rio Elementary School District Community Facilities District Special Tax, 5.00%, 9/1/35
2,550,000

2,828,179

Rio Elementary School District Community Facilities District Special Tax, 5.50%, 9/1/39
1,785,000

1,990,793

Rio Vista Community Facilities District Special Tax, 5.00%, 9/1/38
1,070,000

1,221,287

Rio Vista Community Facilities District Special Tax, 5.00%, 9/1/48
1,190,000

1,350,769

River Islands Public Financing Authority Special Tax, 5.50%, 9/1/45
3,500,000

3,779,615

River Islands Public Financing Authority Special Tax, 5.50%, 9/1/45
5,000,000

5,399,450

Riverside County Community Facilities Districts Special Tax, 5.00%, 9/1/30
1,035,000

1,113,132

Riverside County Community Facilities Districts Special Tax, 5.00%, 9/1/35
2,520,000

2,692,166

Riverside County Community Facilities Districts Special Tax, 5.00%, 9/1/40
2,250,000

2,513,812

Riverside County Community Facilities Districts Special Tax, 5.00%, 9/1/42
1,110,000

1,272,604

Riverside County Community Facilities Districts Special Tax, 5.00%, 9/1/42
3,000,000

3,186,750

Riverside County Community Facilities Districts Special Tax, 5.00%, 9/1/44
2,735,000

3,045,778

Riverside County Community Facilities Districts Special Tax, 5.00%, 9/1/45
540,000

618,014



Riverside County Community Facilities Districts Special Tax, 5.00%, 9/1/48
2,500,000

2,836,625

Riverside County Transportation Commission Rev., 5.75%, 6/1/44
500,000

553,950

Riverside County Transportation Commission Rev., Capital Appreciation, 0.00%, 6/1/41(1)
2,000,000

896,400

Riverside County Transportation Commission Rev., Capital Appreciation, 0.00%, 6/1/42(1)
3,320,000

1,428,430

Riverside County Transportation Commission Rev., Capital Appreciation, 0.00%, 6/1/43(1)
5,000,000

2,069,400

Riverside Unified School District Special Tax, (Riverside Unified School District Community Facilities District No. 32), 4.00%, 9/1/43
1,600,000

1,675,520

Riverside Unified School District Special Tax, (Riverside Unified School District Community Facilities District No. 32), 4.00%, 9/1/48
1,850,000

1,940,317

Romoland School District Special Tax, 5.00%, 9/1/35
4,685,000

5,288,475

Romoland School District Special Tax, 5.00%, 9/1/38
2,900,000

3,254,902

Romoland School District Special Tax, 5.00%, 9/1/41
1,250,000

1,435,213

Romoland School District Special Tax, 5.00%, 9/1/43
2,640,000

2,853,206

Romoland School District Special Tax, (Romoland School District Community Facilities District No. 2004-1 Heritage Lake), 5.00%, 9/1/43
3,000,000

3,417,780

Romoland School District Special Tax, (Romoland School District Community Facilities District No. 2004-1 Heritage Lake), 5.00%, 9/1/48
3,250,000

3,692,227

Roseville Special Tax, 5.00%, 9/1/32(2)
1,265,000

1,437,584

Roseville Special Tax, 5.00%, 9/1/40
1,670,000

1,934,528

Roseville Special Tax, 5.00%, 9/1/44
1,475,000

1,702,076

Roseville Special Tax, 5.00%, 9/1/47(2)
6,500,000

7,218,055

Roseville Special Tax, 5.00%, 9/1/49
2,325,000

2,672,750

Roseville Special Tax, (Westbrook Community Facilities District No. 1), 5.00%, 9/1/44
1,650,000

1,810,562

Roseville Special Tax, (Westbrook Community Facilities District No. 1), 5.00%, 9/1/37
1,250,000

1,402,625

Roseville Special Tax, (Westbrook Community Facilities District No. 1), 5.00%, 9/1/43
2,840,000

3,238,764

Roseville Special Tax, (Westbrook Community Facilities District No. 1), 5.00%, 9/1/48
2,030,000

2,307,501

Roseville Natural Gas Financing Authority Rev., 5.00%, 2/15/27
5,000,000

6,019,950

Sacramento Special Tax, 5.00%, 9/1/32(2)
300,000

336,462

Sacramento Special Tax, 5.00%, 9/1/41
1,900,000

2,155,075

Sacramento Special Tax, 5.00%, 9/1/44
500,000

569,280

Sacramento Special Tax, 5.00%, 9/1/46
2,250,000

2,542,815

Sacramento Special Tax, 5.00%, 9/1/47(2)
1,900,000

2,102,407

Sacramento Special Tax, 5.00%, 9/1/49
1,000,000

1,133,630

Sacramento County Special Tax, 5.00%, 9/1/29
1,000,000

1,181,040

Sacramento County Special Tax, 5.00%, 9/1/30
1,170,000

1,378,962

Sacramento County Special Tax, 5.00%, 9/1/31
1,355,000

1,588,223

Sacramento County Special Tax, 5.00%, 9/1/32
665,000

776,241

Sacramento County Special Tax, 5.00%, 9/1/35
2,335,000

2,697,625

Sacramento County Special Tax, 5.00%, 9/1/40
2,325,000

2,635,085

Sacramento County Special Tax, 5.00%, 9/1/40
3,000,000

3,423,090

Sacramento County Special Tax, 5.00%, 9/1/45
4,645,000

5,243,230

Sacramento County Special Tax, 5.00%, 9/1/46
3,385,000

3,819,431

Sacramento Transportation Authority Rev., 5.00%, 10/1/24
1,055,000

1,183,552

San Bernardino County Special Tax, (County of San Bernardino CA Community Facilities District No. 2002-1), 5.00%, 9/1/33
3,000,000

3,339,690

San Bernardino County Special Tax, (County of San Bernardino CA Community Facilities District No. 2002-1), 4.00%, 9/1/42
700,000

734,559

San Bernardino County Special Tax, (County of San Bernardino CA Community Facilities District No. 2002-1), 4.00%, 9/1/48
1,000,000

1,043,500

San Bernardino County Special Tax, (San County Bernardino Community Facilities District No. 2006-1), 5.00%, 9/1/43
1,300,000

1,479,322

San Bernardino County Special Tax, (San County Bernardino Community Facilities District No. 2006-1), 5.00%, 9/1/48
1,200,000

1,361,832

San Buenaventura Rev., (Community Memorial Health System), 7.50%, 12/1/41
11,100,000

12,352,080



San Clemente Special Tax, 5.00%, 9/1/46
7,620,000

8,463,534

San Diego Special Tax, 5.00%, 9/1/37
975,000

1,104,431

San Diego County Rev., (Sanford Burnham Prebys Medical Discovery Institute), 5.00%, 11/1/25
835,000

1,002,944

San Diego County Rev., (Sanford Burnham Prebys Medical Discovery Institute), 5.00%, 11/1/26
525,000

627,774

San Diego County Rev., (Sanford Burnham Prebys Medical Discovery Institute), 5.00%, 11/1/30
725,000

857,574

San Diego County Special Tax, (San County Diego Community Facilities District No. 2008-01), 4.00%, 9/1/43
1,255,000

1,314,198

San Diego County Special Tax, (San County Diego Community Facilities District No. 2008-01), 4.00%, 9/1/48
1,250,000

1,304,375

San Diego County Regional Airport Authority Rev., 5.00%, 7/1/24
300,000

343,659

San Diego County Regional Airport Authority Rev., 5.00%, 7/1/25
955,000

1,093,160

San Diego County Regional Airport Authority Rev., 5.00%, 7/1/26
500,000

571,695

San Diego County Regional Airport Authority Rev., 5.00%, 7/1/44
1,500,000

1,709,085

San Diego Public Facilities Financing Authority Rev., 5.00%, 8/1/30
2,000,000

2,226,660

San Diego Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/21
390,000

422,659

San Diego Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/22
545,000

610,362

San Diego Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/23
650,000

750,913

San Diego Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/24
700,000

833,070

San Diego Unified Port District Rev., 5.00%, 9/1/26
750,000

850,470

San Francisco City & County Redevelopment Agency Successor Agency Special Tax, Capital Appreciation, 0.00%, 8/1/43(1)
5,500,000

1,492,810

San Francisco City & County Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 8/1/33
780,000

900,580

San Gorgonio Memorial Health Care District GO, 5.00%, 8/1/20
1,000,000

1,038,960

San Gorgonio Memorial Health Care District GO, 5.00%, 8/1/21
275,000

293,898

San Jacinto Community Facilities District Special Tax, 5.00%, 9/1/28
1,080,000

1,257,952

San Jacinto Community Facilities District Special Tax, 5.00%, 9/1/29
1,165,000

1,349,909

San Jacinto Community Facilities District Special Tax, 5.00%, 9/1/32
450,000

516,690

San Jacinto Community Facilities District Special Tax, 5.00%, 9/1/33
1,280,000

1,468,787

San Jacinto Community Facilities District Special Tax, 5.00%, 9/1/34
335,000

383,227

San Joaquin Hills Transportation Corridor Agency Rev., 5.25%, 1/15/44
6,000,000

6,726,600

San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/15/25 (NATL)(1)
3,090,000

2,676,403

San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/15/29 (NATL)(1)
165,000

123,963

San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/15/31 (NATL)(1)
16,000,000

11,107,520

San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/15/32 (NATL)(1)
290,000

192,438

San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/15/36 (NATL)(1)
1,335,000

751,338

San Mateo Special Tax, 6.00%, 9/1/42
500,000

553,980

San Mateo Special Tax, 5.50%, 9/1/44
2,250,000

2,433,262

Santa Margarita Water District Special Tax, 5.625%, 9/1/43
1,250,000

1,372,788

Santaluz Community Facilities District No. 2 Special Tax, 5.10%, 9/1/30
465,000

499,545

Saugus-Castaic School Facilities Financing Authority Special Tax, 6.00%, 9/1/43
1,475,000

1,646,189

Saugus/Hart School Facilities Financing Authority Special Tax, 5.00%, 9/1/41
1,235,000

1,389,511

Saugus/Hart School Facilities Financing Authority Special Tax, 5.00%, 9/1/46
1,245,000

1,395,906

Silicon Valley Tobacco Securitization Authority Rev., Capital Appreciation, 0.00%, 6/1/36(1)
32,000,000

12,416,320

Silicon Valley Tobacco Securitization Authority Rev., Capital Appreciation, 0.00%, 6/1/41(1)
11,465,000

3,260,646

Southern California Public Power Authority Rev., 5.25%, 11/1/19
2,445,000

2,478,105

Southern California Public Power Authority Rev., 5.00%, 11/1/29
2,000,000

2,454,880

Southern California Public Power Authority Rev., 5.00%, 11/1/33
3,755,000

4,745,607

Southern Mono Health Care District GO, Capital Appreciation, 0.00%, 8/1/26 (NATL)(1)
1,800,000

1,519,848

State of California GO, 5.00%, 11/1/19
4,500,000

4,570,110

State of California GO, 5.00%, 10/1/24
14,590,000

17,339,340

State of California GO, 5.25%, 2/1/30
5,000,000

5,491,300

State of California GO, 5.00%, 11/1/47
8,375,000

10,050,251



State of California GO, 5.00%, 4/1/49
2,000,000

2,439,600

State of California GO, VRDN, 1.23%, 6/3/19 (LOC: MUFG Union Bank N.A.)
1,000,000

1,000,000

State of California GO, VRN, 2.57%, (MUNIPSA plus 1.15%), 5/1/20
960,000

963,715

Stockton Public Financing Authority Rev., 5.00%, 9/1/28 (BAM)
2,215,000

2,577,330

Stockton Public Financing Authority Rev., 5.00%, 9/1/29 (BAM)
1,750,000

2,035,635

Stockton Public Financing Authority Rev., 6.25%, 10/1/40
1,750,000

2,076,655

Stockton Public Financing Authority Rev., (Stockton Water Rev.), 5.00%, 10/1/33 (BAM)
1,000,000

1,232,700

Stockton Public Financing Authority Rev., (Stockton Water Rev.), 5.00%, 10/1/34 (BAM)
1,000,000

1,226,060

Stockton Public Financing Authority Rev., (Stockton), 5.00%, 9/1/37
2,500,000

2,865,000

Stockton Public Financing Authority Rev., (Stockton), 5.00%, 9/1/43
3,000,000

3,408,270

Sulphur Springs Union School District Special Tax, (Sulphur Springs School District Community Facilities District No. 2006-1), 5.00%, 9/1/43
1,410,000

1,573,165

Sulphur Springs Union School District Special Tax, (Sulphur Springs School District Community Facilities District No. 2006-1), 5.00%, 9/1/47
1,820,000

2,026,843

Sunnyvale Special Tax, 7.75%, 8/1/32
6,500,000

6,518,330

Tahoe-Truckee Unified School District GO, Capital Appreciation, 0.00%, 8/1/22 (NATL)(1)
2,690,000

2,554,451

Tahoe-Truckee Unified School District GO, Capital Appreciation, 0.00%, 8/1/23 (NATL)(1)
2,220,000

2,063,068

Tejon Ranch Public Facilities Finance Authority Special Tax, 5.00%, 9/1/45
6,000,000

6,660,120

Temecula Valley Unified School District Community Facilities District Special Tax, (Temecula Valley Unified School District Community Facilities District No. 2014-1), 5.00%, 9/1/43
1,000,000

1,140,230

Temescal Valley Water District Special Tax, (Temescal Valley Water District Community Facilities District No. 4 Terramor), 5.00%, 9/1/43
4,730,000

5,258,577

Temescal Valley Water District Special Tax, (Temescal Valley Water District Community Facilities District No. 4 Terramor), 5.00%, 9/1/48
6,040,000

6,700,474

Tobacco Securitization Authority of Northern California Rev., (Sacramento County Tobacco Securitization Corp.), 5.50%, 6/1/45
2,000,000

2,008,700

Tobacco Securitization Authority of Northern California Rev., (Sacramento County Tobacco Securitization Corp.), Capital Appreciation, 0.00%, 6/1/45(1)
20,000,000

2,356,200

Tobacco Securitization Authority of Northern California Rev., (Sacramento County Tobacco Securitization Corp.), Capital Appreciation, 0.00%, 6/1/45(1)
25,000,000

5,069,250

Tobacco Securitization Authority of Southern California Rev., (San Diego County Tobacco Asset Securitization Corp.), 5.00%, 6/1/37
2,250,000

2,261,385

Tobacco Securitization Authority of Southern California Rev., (San Diego County Tobacco Asset Securitization Corp.), 5.125%, 6/1/46
14,120,000

14,150,499

Tobacco Securitization Authority of Southern California Rev., (San Diego County Tobacco Asset Securitization Corp.), Capital Appreciation, 0.00%, 6/1/46(1)
25,000,000

2,857,000

Tracy Community Facilities District Special Tax, (Tracy Community Facilities District No. 2016-01), 5.00%, 9/1/43
2,500,000

2,848,900

Tracy Community Facilities District Special Tax, (Tracy Community Facilities District No. 2016-01), 5.00%, 9/1/48
2,750,000

3,124,357

Tracy Community Facilities District No. 2006-01 Special Tax, 5.75%, 9/1/36
3,105,000

3,108,198

Tracy Public Financing Authority Special Tax, 5.00%, 9/2/19
2,285,000

2,303,349

Tracy Public Financing Authority Special Tax, 5.00%, 9/2/20
2,100,000

2,183,601

Tulare Sewer Rev., 5.00%, 11/15/22 (AGM)
500,000

561,280

Tulare Sewer Rev., 5.00%, 11/15/24 (AGM)
500,000

594,245

Tulare Sewer Rev., 5.00%, 11/15/25 (AGM)
400,000

487,976

Tustin Community Facilities District Special Tax, 5.00%, 9/1/37
3,330,000

3,739,290

Tustin Community Facilities District Special Tax, 5.00%, 9/1/40
1,100,000

1,228,975

Tustin Community Facilities District Special Tax, 5.00%, 9/1/45
2,200,000

2,451,306

University of California Rev., Series 2013 AL-3, VRDN, 1.25%, 6/3/19
1,500,000

1,500,000

University of California Rev., VRDN, 1.25%, 6/3/19
3,200,000

3,200,000

University of California Rev., VRDN, 1.29%, 6/3/19
1,000,000

1,000,000

Upland COP, (San Antonio Regional Hospital Obligated Group), 4.00%, 1/1/42
3,000,000

3,136,470

Upland COP, (San Antonio Regional Hospital Obligated Group), 5.00%, 1/1/47
2,500,000

2,837,225

Val Verde Unified School District Special Tax, 5.00%, 9/1/37
1,750,000

1,947,907



Washington Township Health Care District Rev., 5.00%, 7/1/26
400,000

465,004

Washington Township Health Care District Rev., 3.25%, 7/1/27
1,000,000

1,041,320

Washington Township Health Care District Rev., 3.50%, 7/1/28
750,000

787,095

Washington Township Health Care District Rev., 3.75%, 7/1/29
1,000,000

1,057,070

West Valley-Mission Community College District GO, 4.00%, 8/1/44
8,000,000

8,977,920

Whittier Rev., (Presbyterian Intercommunity Hospital Obligated Group), 5.00%, 6/1/44
3,500,000

3,868,445

William S Hart Union High School District Special Tax, 5.00%, 9/1/42
1,350,000

1,525,446

William S Hart Union High School District Special Tax, 5.00%, 9/1/47
2,350,000

2,647,251

Woodland Special Tax, 4.00%, 9/1/41
2,740,000

2,841,051

Woodland Special Tax, 4.00%, 9/1/45
2,745,000

2,837,342

Yuba City Unified School District GO, Capital Appreciation, 0.00%, 3/1/25 (NATL)(1)
1,500,000

1,332,150

 
 
1,331,869,812

Guam — 1.1%
 
 
Guam Government Rev., 5.125%, 1/1/42
1,000,000

1,042,810

Guam Government Power Authority Rev., 5.00%, 10/1/34
850,000

906,347

Guam Government Power Authority Rev., 5.00%, 10/1/36
1,940,000

2,196,138

Guam Government Power Authority Rev., 5.00%, 10/1/37
1,575,000

1,777,592

Guam Government Waterworks Authority Rev., 5.00%, 7/1/40
3,115,000

3,498,363

Guam Government Waterworks Authority Rev., 5.00%, 1/1/46
3,000,000

3,320,250

Port Authority of Guam Government Rev., 5.00%, 7/1/48
1,500,000

1,720,815

 
 
14,462,315

U.S. Virgin Islands — 0.2%
 
 
Virgin Islands Public Finance Authority Rev., 5.00%, 9/1/33(2)
2,500,000

2,726,275

TOTAL INVESTMENT SECURITIES — 99.7%
(Cost $1,271,401,351)
 
1,349,058,402

OTHER ASSETS AND LIABILITIES — 0.3%
 
3,888,316

TOTAL NET ASSETS — 100.0%
 
$
1,352,946,718



NOTES TO SCHEDULE OF INVESTMENTS
AGM
-
Assured Guaranty Municipal Corporation
BAM
-
Build America Mutual Assurance Company
COP
-
Certificates of Participation
GA
-
Guaranty Agreement
GO
-
General Obligation
LOC
-
Letter of Credit
MUNIPSA
-
SIFMA Municipal Swap Index
NATL
-
National Public Finance Guarantee Corporation
SBBPA
-
Standby Bond Purchase Agreement
VRDN
-
Variable Rate Demand Note. The instrument may be payable upon demand and adjusts periodically based upon the terms set forth in the security's offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The date of the demand feature is disclosed.
VRN
-
Variable Rate Note. The rate adjusts periodically based upon the terms set forth in the security’s offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated.
(1)
Security is a zero-coupon bond. Zero-coupon securities are issued at a substantial discount from their value at maturity.
(2)
Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional investors. The aggregate value of these securities at the period end was $179,422,644, which represented 13.3% of total net assets.
(3)
When-issued security. The issue price and yield are fixed on the date of the commitment, but payment and delivery are scheduled for a future date.
(4)
Non-income producing.
(5)
Security is in default.



SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS
 
1. Investment Valuations

The fund determines the fair value of its investments and computes its net asset value per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The Board of Trustees has adopted valuation policies and procedures to guide the investment advisor in the fund’s investment valuation process and to provide methodologies for the oversight of the fund’s pricing function.
 
Fixed income securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Municipal securities are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information.
 
Exchange-traded futures contracts are valued at the settlement price as provided by the appropriate exchange.
 
If the fund determines that the market price for an investment is not readily available or the valuation methods mentioned above do not reflect an investment’s fair value, such investment is valued as determined in good faith by the Board of Trustees or its delegate, in accordance with policies and procedures adopted by the Board of Trustees. In its determination of fair value, the fund may review several factors including, but not limited to, market information regarding the specific investment or comparable investments and correlation with other investment types, futures indices or general market indicators. Circumstances that may cause the fund to use these procedures to value an investment include, but are not limited to: an investment has been declared in default or is distressed; trading in a security has been suspended during the trading day or a security is not actively trading on its principal exchange; prices received from a regular pricing source are deemed unreliable; or there is a foreign market holiday and no trading occurred.
 
The fund monitors for significant events occurring after the close of an investment’s primary exchange but before the fund’s net asset value per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region.

2. Fair Value Measurements

The fund’s investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by the fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels.

•
Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.

•
Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars.

•
Level 3 valuation inputs consist of unobservable data (including a fund’s own assumptions).

The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments.
 
As of period end, the fund’s investment securities were classified as Level 2. The Schedule of Investments provides additional information on the fund’s portfolio holdings.



This schedule of investments provides information about the fund’s portfolio holdings as of the date on the schedule. It is unaudited, and American Century Investments assumes no obligation to update or supplement the schedule to reflect subsequent changes. More information is available in the fund’s most recent annual or semiannual shareholder report.




American Century Investments® 
Quarterly Portfolio Holdings
California Intermediate-Term Tax-Free Bond Fund
May 31, 2019










California Intermediate-Term Tax-Free Bond - Schedule of Investments
 
MAY 31, 2019 (UNAUDITED)                        
 
 
Shares/
Principal Amount ($)
Value ($)
MUNICIPAL SECURITIES — 99.7%
 
 
California — 99.3%
 
 
91 Express Lanes Toll Road Rev., 5.00%, 8/15/24
1,000,000

1,148,380

91 Express Lanes Toll Road Rev., 5.00%, 8/15/25
1,000,000

1,145,300

ABAG Finance Authority for Nonprofit Corps. Rev., (Sharp Healthcare Obligated Group), 6.25%, 8/1/19, Prerefunded at 100% of Par(1)
1,200,000

1,209,336

ABAG Finance Authority for Nonprofit Corps. Rev., (Sharp Healthcare Obligated Group), 6.00%, 8/1/30
3,500,000

3,840,200

ABAG Finance Authority for Nonprofit Corps. Rev., (Sharp Healthcare Obligated Group), 5.00%, 8/1/33
1,450,000

1,635,020

ABAG Finance Authority for Nonprofit Corps. Special Tax, 5.00%, 9/2/28 (AGM)
2,630,000

3,279,478

ABAG Finance Authority for Nonprofit Corps. Special Tax, 5.00%, 9/2/31 (AGM)
1,400,000

1,708,168

ABAG Finance Authority for Nonprofit Corps. Special Tax, 5.00%, 9/2/32 (AGM)
495,000

601,222

Alameda Corridor Transportation Authority Rev., 5.00%, 10/1/20
3,010,000

3,155,383

Alameda Corridor Transportation Authority Rev., 5.00%, 10/1/22
1,000,000

1,101,890

Alameda Corridor Transportation Authority Rev., 5.00%, 10/1/24
4,000,000

4,596,280

Alameda Corridor Transportation Authority Rev., 5.00%, 10/1/34
1,500,000

1,745,910

Alameda Corridor Transportation Authority Rev., 5.00%, 10/1/35
3,000,000

3,482,100

Alameda Corridor Transportation Authority Rev., 5.00%, 10/1/36
2,000,000

2,315,080

Alameda Corridor Transportation Authority Rev., Capital Appreciation, 0.00%, 10/1/32 (NATL)(2)
1,000,000

672,580

Alameda Corridor Transportation Authority Rev., Capital Appreciation, 0.00%, 10/1/35 (NATL)(2)
12,750,000

7,620,292

Alum Rock Union Elementary School District GO, 6.00%, 8/1/39
2,500,000

2,900,650

Anaheim Public Financing Authority Rev., 5.375%, 4/1/21, Prerefunded at 100% of Par(1)
1,000,000

1,075,690

Anaheim Public Financing Authority Rev., 5.00%, 10/1/22, Prerefunded at 100% of Par(1)
1,200,000

1,349,436

Anaheim Public Financing Authority Rev., 5.00%, 10/1/22, Prerefunded at 100% of Par(1)
2,275,000

2,558,306

Anaheim Public Financing Authority Rev., 5.00%, 5/1/25
1,000,000

1,177,000

Anaheim Public Financing Authority Rev., 5.00%, 5/1/28
1,100,000

1,287,836

Anaheim Public Financing Authority Rev., 5.00%, 5/1/29
1,250,000

1,458,925

Anaheim Public Financing Authority Rev., 5.00%, 5/1/34
1,360,000

1,564,326

Anaheim Public Financing Authority Rev., 5.00%, 5/1/39
1,550,000

1,768,782

Anaheim Public Financing Authority Rev., (Anaheim), 5.00%, 9/1/30 (BAM)
2,500,000

3,243,325

Anaheim Public Financing Authority Rev., (Anaheim), 5.00%, 9/1/31 (BAM)
1,745,000

2,244,349

Anaheim Public Financing Authority Rev., (Anaheim), 5.00%, 9/1/32 (BAM)
1,745,000

2,228,417

Anaheim Public Financing Authority Rev., (Anaheim), 5.00%, 9/1/33 (BAM)
1,665,000

2,115,133

Anaheim Public Financing Authority Rev., (Anaheim), 5.00%, 9/1/34 (BAM)
1,800,000

2,193,192

Anaheim Public Financing Authority Rev., (Anaheim), 5.00%, 9/1/35 (BAM)
2,105,000

2,555,028

Anaheim Public Financing Authority Rev., (Anaheim), 5.00%, 9/1/36 (BAM)
4,190,000

5,067,093

Atwater Wastewater Rev., 5.00%, 5/1/23 (AGM)
510,000

577,351

Atwater Wastewater Rev., 5.00%, 5/1/25 (AGM)
745,000

887,742

Atwater Wastewater Rev., 5.00%, 5/1/27 (AGM)
415,000

516,488

Atwater Wastewater Rev., 5.00%, 5/1/29 (AGM)
700,000

863,842

Atwater Wastewater Rev., 5.00%, 5/1/32 (AGM)
895,000

1,083,800

Bay Area Toll Authority Rev., 5.00%, 4/1/24
1,500,000

1,658,340

Bay Area Toll Authority Rev., 5.00%, 4/1/25
3,500,000

3,868,410

Bay Area Toll Authority Rev., 5.00%, 4/1/28
7,185,000

7,928,647

Bay Area Toll Authority Rev., 4.00%, 4/1/29
3,000,000

3,550,920

Bay Area Toll Authority Rev., VRDN, 2.00%, 4/1/21
2,000,000

2,008,600



Bay Area Toll Authority Rev., VRDN, 2.52%, (MUNIPSA plus 1.10%), 4/1/24
3,750,000

3,852,150

Bay Area Toll Authority Rev., VRDN, 2.625%, 4/1/26
15,000,000

15,899,550

Bay Area Toll Authority Rev., VRDN, 2.67%, (MUNIPSA plus 1.25%), 4/1/27
4,000,000

4,121,040

Brea Redevelopment Agency Tax Allocation, Capital Appreciation, VRN, 0.00%, 8/1/33
1,500,000

1,499,925

Brea Redevelopment Agency Tax Allocation, Capital Appreciation, VRN, 0.00%, 8/1/34
1,785,000

1,777,806

California GO, Series 2004 A-4, (Kindergarten), VRDN, 1.21%, 6/3/19 (LOC: Citibank N.A.)
15,200,000

15,200,000

California Community College Financing Authority Rev., (NCCD-Orange Coast Properties LLC), 5.00%, 5/1/28
275,000

329,761

California Community College Financing Authority Rev., (NCCD-Orange Coast Properties LLC), 5.00%, 5/1/29
800,000

953,888

California Community College Financing Authority Rev., (NCCD-Orange Coast Properties LLC), 5.00%, 5/1/32
875,000

1,026,445

California Community College Financing Authority Rev., (NCCD-Orange Coast Properties LLC), 5.00%, 5/1/33
600,000

700,740

California Community College Financing Authority Rev., (NCCD-Orange Coast Properties LLC), 5.00%, 5/1/35
1,540,000

1,784,352

California County Tobacco Securitization Agency Rev., (Los Angeles County Securitization Corp.), 5.45%, 6/1/28
4,000,000

4,060,560

California Educational Facilities Authority Rev., 5.00%, 10/1/21(1)
365,000

396,087

California Educational Facilities Authority Rev., 5.00%, 10/1/21(1)
385,000

418,252

California Educational Facilities Authority Rev., (Chapman University), 5.00%, 4/1/21
750,000

800,858

California Educational Facilities Authority Rev., (Chapman University), 5.00%, 4/1/24
930,000

1,085,291

California Educational Facilities Authority Rev., (Chapman University), 5.00%, 4/1/31 (GA: Brandman University)
1,455,000

1,545,297

California Educational Facilities Authority Rev., (Claremont Mckenna College), 5.00%, 1/1/32
750,000

901,485

California Educational Facilities Authority Rev., (Harvey Mudd College), 5.25%, 12/1/41
2,000,000

2,179,040

California Educational Facilities Authority Rev., (Loma Linda University), 5.00%, 4/1/25
800,000

950,768

California Educational Facilities Authority Rev., (Loma Linda University), 5.00%, 4/1/27
300,000

372,741

California Educational Facilities Authority Rev., (Loma Linda University), 5.00%, 4/1/28
800,000

989,408

California Educational Facilities Authority Rev., (Loyola Marymount University), 5.00%, 10/1/30
1,365,000

1,383,605

California Educational Facilities Authority Rev., (Loyola Marymount University), 5.00%, 10/1/34
490,000

603,543

California Educational Facilities Authority Rev., (Loyola Marymount University), 5.00%, 10/1/35
625,000

767,775

California Educational Facilities Authority Rev., (Loyola Marymount University), 5.00%, 10/1/37
745,000

905,592

California Educational Facilities Authority Rev., (University of Southern California), 5.00%, 10/1/25
1,875,000

2,312,419

California Educational Facilities Authority Rev., (University of the Pacific), 5.00%, 11/1/33
1,500,000

1,765,695

California Health Facilities Financing Authority Rev., (Cedars-Sinai Medical Center), 5.00%, 11/15/22
3,000,000

3,381,750

California Health Facilities Financing Authority Rev., (Cedars-Sinai Medical Center), 5.00%, 11/15/23
2,150,000

2,499,332

California Health Facilities Financing Authority Rev., (Cedars-Sinai Medical Center), 5.00%, 11/15/24
1,450,000

1,735,925

California Health Facilities Financing Authority Rev., (Cedars-Sinai Medical Center), 5.00%, 11/15/26
3,000,000

3,675,660

California Health Facilities Financing Authority Rev., (Cedars-Sinai Medical Center), 5.00%, 11/15/27
6,000,000

7,330,980

California Health Facilities Financing Authority Rev., (Cedars-Sinai Medical Center), 5.00%, 11/15/31
2,700,000

3,230,955

California Health Facilities Financing Authority Rev., (Cedars-Sinai Medical Center), 5.00%, 11/15/32
400,000

477,212

California Health Facilities Financing Authority Rev., (Children's Hospital of Orange County Obligated Group), 6.25%, 11/1/29 (GA: Children's Healthcare of California)
5,000,000

5,099,950

California Health Facilities Financing Authority Rev., (Dignity Health Obligated Group), 6.00%, 7/1/19, Prerefunded at 100% of Par(1)
3,400,000

3,411,628

California Health Facilities Financing Authority Rev., (El Camino Hospital), 5.00%, 2/1/24
1,200,000

1,397,316

California Health Facilities Financing Authority Rev., (El Camino Hospital), 5.00%, 2/1/25
500,000

598,890

California Health Facilities Financing Authority Rev., (Kaiser Credit Group), VRDN, 5.00%, 11/1/22
2,200,000

2,457,356

California Health Facilities Financing Authority Rev., (Lucile Salter Packard Children's Hospital at Stanford Obligated Group), 5.00%, 8/15/25
5,855,000

6,501,099

California Health Facilities Financing Authority Rev., (Providence St. Joseph Health Obligated Group), 5.50%, 7/1/29
1,500,000

1,504,890

California Health Facilities Financing Authority Rev., (Providence St. Joseph Health Obligated Group), 5.00%, 7/1/37
1,070,000

1,200,808

California Health Facilities Financing Authority Rev., (Providence St. Joseph Health Obligated Group), 5.75%, 7/1/39
2,000,000

2,006,300

California Health Facilities Financing Authority Rev., (Providence St. Joseph Health Obligated Group), VRDN, 2.00%, 10/1/25
3,500,000

3,576,790

California Health Facilities Financing Authority Rev., (Stanford Health Care Obligated Group), 5.00%, 11/15/20, Prerefunded at 100% of Par(1)
2,000,000

2,105,740



California Health Facilities Financing Authority Rev., (Stanford Health Care Obligated Group), 5.00%, 11/15/22
1,000,000

1,129,780

California Health Facilities Financing Authority Rev., (Stanford Health Care Obligated Group), 5.00%, 11/15/25
2,500,000

3,075,800

California Health Facilities Financing Authority Rev., (Sutter Health Obligated Group), 6.00%, 8/15/20, Prerefunded at 100% of Par(1)
2,500,000

2,639,075

California Health Facilities Financing Authority Rev., (Sutter Health Obligated Group), 5.00%, 8/15/22
1,650,000

1,783,237

California Health Facilities Financing Authority Rev., (Sutter Health Obligated Group), 5.25%, 8/15/22
3,335,000

3,416,207

California Health Facilities Financing Authority Rev., (Sutter Health Obligated Group), 5.00%, 11/15/22
2,250,000

2,533,050

California Health Facilities Financing Authority Rev., (Sutter Health Obligated Group), 5.00%, 11/15/26
1,500,000

1,878,015

California Health Facilities Financing Authority Rev., (Sutter Health Obligated Group), 5.00%, 11/15/29
2,000,000

2,403,080

California Health Facilities Financing Authority Rev., (Sutter Health Obligated Group), 5.00%, 11/15/30
1,750,000

2,088,975

California Health Facilities Financing Authority Rev., (Sutter Health Obligated Group), 5.00%, 11/15/31
1,500,000

1,781,895

California Health Facilities Financing Authority Rev., (Sutter Health Obligated Group), 5.00%, 11/15/32
2,000,000

2,472,280

California Health Facilities Financing Authority Rev., (Sutter Health Obligated Group), 5.00%, 11/15/38
5,890,000

7,097,686

California Infrastructure & Economic Development Bank Rev., (Academy of Motion Picture Arts and Sciences Obligated Group), 5.00%, 11/1/27
1,010,000

1,164,278

California Infrastructure & Economic Development Bank Rev., (Academy of Motion Picture Arts and Sciences Obligated Group), 5.00%, 11/1/28
1,205,000

1,384,605

California Infrastructure & Economic Development Bank Rev., (Academy of Motion Picture Arts and Sciences Obligated Group), 5.00%, 11/1/29
1,000,000

1,144,910

California Infrastructure & Economic Development Bank Rev., (Academy of Motion Picture Arts and Sciences Obligated Group), 5.00%, 11/1/30
1,370,000

1,563,499

California Infrastructure & Economic Development Bank Rev., (California Academy of Sciences), VRDN, 2.08%, (70% of the 1-month LIBOR plus 0.38%), 8/1/21
9,000,000

9,003,600

California Infrastructure & Economic Development Bank Rev., (California Science Center Foundation), 5.00%, 5/1/28
800,000

982,208

California Infrastructure & Economic Development Bank Rev., (California Science Center Foundation), 5.00%, 5/1/29
1,250,000

1,527,212

California Infrastructure & Economic Development Bank Rev., (California Science Center Foundation), 5.00%, 5/1/30
1,000,000

1,214,150

California Infrastructure & Economic Development Bank Rev., (California Science Center Foundation), 5.00%, 5/1/31
800,000

966,224

California Infrastructure & Economic Development Bank Rev., (Colburn School), VRDN, 2.42%, (MUNIPSA plus 1.00%), 6/1/20
5,310,000

5,328,213

California Infrastructure & Economic Development Bank Rev., (J. Paul Getty Trust), VRDN, 2.18%, (70% of the 3-month LIBOR plus 0.37%), 4/1/20
3,000,000

3,003,270

California Infrastructure & Economic Development Bank Rev., (Museum Associates), VRDN, 2.36%, (70% of the 1-month LIBOR plus 0.65%), 2/1/21
5,000,000

5,018,600

California Infrastructure & Economic Development Bank Rev., (Segerstrom Center for the Arts), 5.00%, 1/1/25
3,500,000

4,137,210

California Municipal Finance Authority Rev., 5.00%, 6/1/37
2,990,000

3,582,678

California Municipal Finance Authority Rev., (Azusa Pacific University), 8.00%, 4/1/21, Prerefunded at 100% of Par(1)(3)
665,000

745,079

California Municipal Finance Authority Rev., (Azusa Pacific University), 5.00%, 4/1/27
1,165,000

1,298,509

California Municipal Finance Authority Rev., (Azusa Pacific University), 5.00%, 4/1/41
500,000

536,465

California Municipal Finance Authority Rev., (California Baptist University), 5.00%, 11/1/36(3)
1,000,000

1,143,370

California Municipal Finance Authority Rev., (California Lutheran University), 5.00%, 10/1/27
300,000

367,806

California Municipal Finance Authority Rev., (California Lutheran University), 5.00%, 10/1/28
150,000

187,328

California Municipal Finance Authority Rev., (California Lutheran University), 5.00%, 10/1/29
225,000

278,777

California Municipal Finance Authority Rev., (California Lutheran University), 5.00%, 10/1/30
225,000

276,280

California Municipal Finance Authority Rev., (California Lutheran University), 5.00%, 10/1/31
200,000

244,256

California Municipal Finance Authority Rev., (California Lutheran University), 5.00%, 10/1/32
225,000

273,215

California Municipal Finance Authority Rev., (California Lutheran University), 5.00%, 10/1/33
225,000

272,504

California Municipal Finance Authority Rev., (California Lutheran University), 5.00%, 10/1/34
250,000

301,158

California Municipal Finance Authority Rev., (California Lutheran University), 5.00%, 10/1/35
225,000

270,322

California Municipal Finance Authority Rev., (California Lutheran University), 5.00%, 10/1/36
250,000

299,125

California Municipal Finance Authority Rev., (California Lutheran University), 5.00%, 10/1/37
275,000

327,445

California Municipal Finance Authority Rev., (California Lutheran University), 5.00%, 10/1/38
300,000

356,277

California Municipal Finance Authority Rev., (Capital Facilities Development Corp.), 5.00%, 6/1/36
5,650,000

6,915,826

California Municipal Finance Authority Rev., (Capital Facilities Development Corp.), 5.00%, 6/1/38
4,015,000

4,869,753



California Municipal Finance Authority Rev., (Channing House), 5.00%, 5/15/35 (California Mortgage Insurance)
1,000,000

1,198,120

California Municipal Finance Authority Rev., (CHF-Davis I LLC), 5.00%, 5/15/37
8,000,000

9,494,720

California Municipal Finance Authority Rev., (CHF-Riverside I LLC), 5.00%, 5/15/36
750,000

894,098

California Municipal Finance Authority Rev., (CHF-Riverside I LLC), 5.00%, 5/15/37
1,755,000

2,082,904

California Municipal Finance Authority Rev., (CHF-Riverside I LLC), 5.00%, 5/15/39
1,535,000

1,812,206

California Municipal Finance Authority Rev., (CHF-Riverside I LLC), 5.00%, 5/15/40
1,520,000

1,790,180

California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 5.00%, 2/1/22
1,000,000

1,084,120

California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 5.00%, 2/1/23
520,000

578,978

California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 5.00%, 2/1/25
1,925,000

2,250,787

California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 5.00%, 2/1/26
1,000,000

1,193,950

California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 5.00%, 2/1/27
545,000

635,159

California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 5.00%, 2/1/28
1,075,000

1,289,333

California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 5.00%, 2/1/28
735,000

854,496

California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 5.00%, 2/1/29
4,130,000

4,924,736

California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 5.00%, 2/1/29
1,000,000

1,158,550

California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 5.00%, 2/1/30
1,000,000

1,184,230

California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 5.00%, 2/1/33
3,940,000

4,592,031

California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 5.00%, 2/1/40
1,420,000

1,598,821

California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 5.00%, 2/1/46
5,000,000

5,606,050

California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/19(1)
605,000

606,664

California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.25%, 7/1/20, Prerefunded at 100% of Par(1)
1,760,000

1,832,987

California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/24
2,045,000

2,341,709

California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/26
1,600,000

1,904,336

California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/29
2,100,000

2,513,238

California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/30
1,000,000

1,189,580

California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/31
1,000,000

1,183,190

California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/31
1,335,000

1,579,559

California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/34
1,500,000

1,754,520

California Municipal Finance Authority Rev., (Emerson College), 5.75%, 1/1/22, Prerefunded at 100% of Par(1)
2,250,000

2,505,150

California Municipal Finance Authority Rev., (Emerson College), 6.00%, 1/1/22, Prerefunded at 100% of Par(1)
3,000,000

3,359,130

California Municipal Finance Authority Rev., (Emerson College), 5.00%, 1/1/29
1,350,000

1,648,215

California Municipal Finance Authority Rev., (Emerson College), 5.00%, 1/1/31
1,480,000

1,781,165

California Municipal Finance Authority Rev., (Emerson College), 5.00%, 1/1/33
1,040,000

1,239,649

California Municipal Finance Authority Rev., (Emerson College), 5.00%, 1/1/34
1,000,000

1,188,810

California Municipal Finance Authority Rev., (Emerson College), 5.00%, 1/1/35
1,065,000

1,260,779

California Municipal Finance Authority Rev., (Emerson College), 5.00%, 1/1/36
720,000

849,715

California Municipal Finance Authority Rev., (Emerson College), 5.00%, 1/1/37
1,000,000

1,176,360

California Municipal Finance Authority Rev., (Northbay Healthcare Group Obligated Group), 3.00%, 11/1/20
1,000,000

1,014,320

California Municipal Finance Authority Rev., (Northbay Healthcare Group Obligated Group), 3.00%, 11/1/21
1,680,000

1,720,337

California Municipal Finance Authority Rev., (Northbay Healthcare Group Obligated Group), 4.00%, 11/1/22
1,000,000

1,065,960

California Municipal Finance Authority Rev., (Northbay Healthcare Group Obligated Group), 5.25%, 11/1/36
1,500,000

1,699,695



California Municipal Finance Authority Rev., (Northern California Retired Officers Community), 2.00%, 7/1/24 (California Mortgage Insurance)
4,000,000

4,019,160

California Municipal Finance Authority Rev., (Touro College and University System Obligated Group), 5.25%, 1/1/34
300,000

333,639

California Municipal Finance Authority Rev., (Touro College and University System Obligated Group), 5.25%, 1/1/40
1,000,000

1,101,210

California Municipal Finance Authority Rev., (University of La Verne), 6.25%, 6/1/20, Prerefunded at 100% of Par(1)
1,000,000

1,049,120

California Municipal Finance Authority Rev., (University of La Verne), 5.00%, 6/1/25
700,000

835,450

California Municipal Finance Authority Rev., (University of La Verne), 5.00%, 6/1/26
1,000,000

1,223,370

California Municipal Finance Authority Rev., (University of La Verne), 5.00%, 6/1/28
1,000,000

1,240,790

California Municipal Finance Authority Rev., (William Jessup University), 5.00%, 8/1/20
400,000

412,264

California Municipal Finance Authority Rev., (William Jessup University), 5.00%, 8/1/21
790,000

830,029

California Municipal Finance Authority Rev., (William Jessup University), 5.00%, 8/1/23
765,000

829,979

California Municipal Finance Authority Rev., (William Jessup University), 5.00%, 8/1/25
1,455,000

1,617,465

California Municipal Finance Authority Rev., (William Jessup University), 5.00%, 8/1/26
1,530,000

1,720,500

California Municipal Finance Authority Rev., (William Jessup University), 5.00%, 8/1/29
1,000,000

1,152,200

California Municipal Finance Authority Rev., VRDN, 1.77%, (MUNIPSA plus 0.35%), 12/1/20
3,500,000

3,502,380

California Pollution Control Financing Authority Rev., (San Diego County Water Authority), 5.00%, 7/1/39(3)
2,000,000

2,367,260

California Public Finance Authority Rev., (Henry Mayo Newhall Memorial Hospital), 5.00%, 10/15/33
500,000

568,980

California Public Finance Authority Rev., (Henry Mayo Newhall Memorial Hospital), 5.00%, 10/15/37
1,000,000

1,124,440

California School Finance Authority Rev., (Alliance for College Ready Public Schools Obligated Group), 3.00%, 7/1/19(3)
1,025,000

1,025,871

California School Finance Authority Rev., (Alliance for College Ready Public Schools Obligated Group), 3.00%, 7/1/20(3)
1,115,000

1,127,020

California School Finance Authority Rev., (Alliance for College Ready Public Schools Obligated Group), 5.00%, 7/1/46
7,000,000

7,804,930

California School Finance Authority Rev., (Aspire Public Schools Obligated Group), 5.00%, 8/1/41(3)
1,200,000

1,326,456

California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.00%, 8/1/21(3)
100,000

106,962

California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.00%, 8/1/22(3)
165,000

181,083

California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.00%, 8/1/23(3)
175,000

196,663

California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.00%, 8/1/24(3)
160,000

183,494

California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.00%, 8/1/25(3)
150,000

175,191

California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.00%, 8/1/26(3)
150,000

178,220

California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.00%, 8/1/27(3)
160,000

192,888

California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.00%, 8/1/28(3)
190,000

231,439

California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/26(3)
500,000

541,345

California School Finance Authority Rev., (Rocketship Education Obligated Group), 4.50%, 6/1/27(3)
380,000

402,420

California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/34(3)
670,000

711,754

California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.125%, 6/1/47(3)
635,000

671,449

California State Public Works Board Rev., 5.75%, 10/1/19, Prerefunded at 100% of Par(1)
2,000,000

2,029,380

California State Public Works Board Rev., 6.375%, 11/1/19, Prerefunded at 100% of Par(1)
2,500,000

2,552,500

California State Public Works Board Rev., 5.00%, 4/1/21
3,000,000

3,197,820

California State Public Works Board Rev., 5.00%, 9/1/22, Prerefunded at 100% of Par(1)
1,000,000

1,121,460

California State Public Works Board Rev., 5.00%, 4/1/23
2,000,000

2,199,380

California State Public Works Board Rev., 5.00%, 4/1/25
1,800,000

1,978,380

California State Public Works Board Rev., 5.25%, 12/1/26
3,000,000

3,278,400

California State Public Works Board Rev., 5.75%, 11/1/29
1,685,000

1,714,437

California State Public Works Board Rev., (California State University), 5.00%, 9/1/23, Prerefunded at 100% of Par(1)
1,865,000

2,159,707

California State Public Works Board Rev., (State of California Department of Corrections & Rehabilitation), 5.00%, 9/1/25
5,000,000

5,900,400

California State Public Works Board Rev., (State of California Department of General Services), 5.00%, 5/1/27
5,000,000

5,976,700

California State University Rev., 5.00%, 11/1/19
1,000,000

1,015,710

California State University Rev., 5.00%, 11/1/20
1,250,000

1,316,850

California State University Rev., 5.00%, 11/1/21
1,000,000

1,090,590

California State University Rev., 5.00%, 11/1/24
5,000,000

5,449,200



California State University Rev., 5.00%, 11/1/28
2,000,000

2,544,020

California State University Rev., 5.00%, 11/1/29
1,000,000

1,261,450

California State University Rev., 5.00%, 11/1/30
3,000,000

3,747,180

California State University Rev., 5.00%, 11/1/31
2,900,000

3,596,116

California State University Rev., 5.00%, 11/1/32
1,750,000

2,053,695

California State University Rev., 4.00%, 11/1/34
10,000,000

11,224,600

California State University Rev., 5.00%, 11/1/36
5,105,000

6,090,112

California State University Rev., VRDN, 4.00%, 11/1/23
4,000,000

4,384,960

California Statewide Communities Development Authority COP, (Salinas), 5.00%, 12/1/31 (AGM)
1,155,000

1,450,703

California Statewide Communities Development Authority COP, (Salinas), 5.00%, 12/1/34 (AGM)
1,340,000

1,662,297

California Statewide Communities Development Authority COP, (Salinas), 5.00%, 12/1/38 (AGM)
1,000,000

1,220,950

California Statewide Communities Development Authority Rev., (Adventist Health System / West Obligated Group), 5.00%, 3/1/23
1,190,000

1,342,617

California Statewide Communities Development Authority Rev., (Adventist Health System / West Obligated Group), 5.00%, 3/1/24
800,000

928,192

California Statewide Communities Development Authority Rev., (Adventist Health System / West Obligated Group), 5.00%, 3/1/25
750,000

893,993

California Statewide Communities Development Authority Rev., (Adventist Health System / West Obligated Group), 5.00%, 3/1/26
1,000,000

1,219,340

California Statewide Communities Development Authority Rev., (Adventist Health System / West Obligated Group), 5.00%, 3/1/27
1,590,000

1,926,682

California Statewide Communities Development Authority Rev., (Adventist Health System / West Obligated Group), 5.00%, 3/1/31
740,000

912,020

California Statewide Communities Development Authority Rev., (Adventist Health System / West Obligated Group), 5.00%, 3/1/32
900,000

1,099,881

California Statewide Communities Development Authority Rev., (Adventist Health System / West Obligated Group), 5.00%, 3/1/33
1,250,000

1,520,775

California Statewide Communities Development Authority Rev., (Adventist Health System / West Obligated Group), 5.00%, 3/1/34
1,000,000

1,210,500

California Statewide Communities Development Authority Rev., (Adventist Health System / West Obligated Group), 5.00%, 3/1/35
715,000

835,263

California Statewide Communities Development Authority Rev., (Adventist Health System / West Obligated Group), 5.00%, 3/1/35
1,475,000

1,776,711

California Statewide Communities Development Authority Rev., (American Baptist Homes of the West Obligated Group), 5.00%, 10/1/22
1,065,000

1,165,568

California Statewide Communities Development Authority Rev., (CHF-Irvine LLC), 5.00%, 5/15/21
1,225,000

1,305,544

California Statewide Communities Development Authority Rev., (CHF-Irvine LLC), 5.00%, 5/15/22
2,000,000

2,193,160

California Statewide Communities Development Authority Rev., (CHF-Irvine LLC), 5.00%, 5/15/23
1,000,000

1,125,530

California Statewide Communities Development Authority Rev., (CHF-Irvine LLC), 5.00%, 5/15/24
1,000,000

1,150,850

California Statewide Communities Development Authority Rev., (CHF-Irvine LLC), 5.00%, 5/15/25
1,925,000

2,266,206

California Statewide Communities Development Authority Rev., (CHF-Irvine LLC), 5.00%, 5/15/28
2,050,000

2,443,354

California Statewide Communities Development Authority Rev., (CHF-Irvine LLC), 5.00%, 5/15/29
1,250,000

1,482,900

California Statewide Communities Development Authority Rev., (CHF-Irvine LLC), 5.00%, 5/15/30
1,940,000

2,289,219

California Statewide Communities Development Authority Rev., (Collis P and Howard Huntington Memorial Hospital Obligated Group), 5.00%, 7/1/21
1,000,000

1,071,020

California Statewide Communities Development Authority Rev., (Collis P and Howard Huntington Memorial Hospital Obligated Group), 5.00%, 7/1/22
300,000

331,032

California Statewide Communities Development Authority Rev., (Collis P and Howard Huntington Memorial Hospital Obligated Group), 5.00%, 7/1/22
475,000

523,987

California Statewide Communities Development Authority Rev., (Collis P and Howard Huntington Memorial Hospital Obligated Group), 5.00%, 7/1/23
300,000

339,576

California Statewide Communities Development Authority Rev., (Collis P and Howard Huntington Memorial Hospital Obligated Group), 5.00%, 7/1/23
600,000

679,152

California Statewide Communities Development Authority Rev., (Collis P and Howard Huntington Memorial Hospital Obligated Group), 5.00%, 7/1/24
750,000

870,615



California Statewide Communities Development Authority Rev., (Collis P and Howard Huntington Memorial Hospital Obligated Group), 5.00%, 7/1/25
300,000

355,698

California Statewide Communities Development Authority Rev., (Collis P and Howard Huntington Memorial Hospital Obligated Group), 5.00%, 7/1/25
800,000

927,264

California Statewide Communities Development Authority Rev., (Collis P and Howard Huntington Memorial Hospital Obligated Group), 5.00%, 7/1/26
325,000

393,234

California Statewide Communities Development Authority Rev., (Collis P and Howard Huntington Memorial Hospital Obligated Group), 5.00%, 7/1/27
1,880,000

2,170,291

California Statewide Communities Development Authority Rev., (Cottage Health System Obligated Group), 5.25%, 11/1/30
1,000,000

1,050,700

California Statewide Communities Development Authority Rev., (Front Porch Communities & Services), 5.00%, 4/1/24
210,000

241,569

California Statewide Communities Development Authority Rev., (Front Porch Communities & Services), 5.00%, 4/1/25
275,000

324,310

California Statewide Communities Development Authority Rev., (Front Porch Communities & Services), 5.00%, 4/1/30
145,000

174,715

California Statewide Communities Development Authority Rev., (Front Porch Communities & Services), 5.00%, 4/1/31
125,000

149,686

California Statewide Communities Development Authority Rev., (Front Porch Communities & Services), 4.00%, 4/1/32
185,000

204,085

California Statewide Communities Development Authority Rev., (Hebrew Home for Aged Disabled), 3.50%, 11/1/21 (California Mortgage Insurance)
3,000,000

3,027,090

California Statewide Communities Development Authority Rev., (John Muir Health), 5.00%, 7/1/19, Prerefunded at 100% of Par(1)
2,225,000

2,231,119

California Statewide Communities Development Authority Rev., (Kaiser Credit Group), 5.00%, 4/1/42
8,400,000

9,171,288

California Statewide Communities Development Authority Rev., (Kaiser Credit Group), VRDN, 1.15%, 6/7/19
1,200,000

1,200,000

California Statewide Communities Development Authority Rev., (Kaiser Credit Group), VRDN, 1.15%, 6/7/19
5,600,000

5,600,000

California Statewide Communities Development Authority Rev., (Lancer Educational Housing LLC), 4.00%, 6/1/21(3)
3,600,000

3,647,808

California Statewide Communities Development Authority Rev., (Lancer Educational Housing LLC), 4.00%, 6/1/26(3)
3,000,000

3,176,370

California Statewide Communities Development Authority Rev., (Lancer Educational Housing LLC), 5.00%, 6/1/34(3)
375,000

433,376

California Statewide Communities Development Authority Rev., (Lancer Educational Housing LLC), 5.00%, 6/1/39(3)
475,000

540,655

California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.00%, 12/1/26(3)
5,000,000

5,789,050

California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.00%, 12/1/33(3)
1,000,000

1,153,060

California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.00%, 12/1/36(3)
3,500,000

3,908,240

California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.25%, 12/1/44
1,085,000

1,196,538

California Statewide Communities Development Authority Rev., (Marin General Hospital Obligated Group), 5.00%, 8/1/30
500,000

620,505

California Statewide Communities Development Authority Rev., (Marin General Hospital Obligated Group), 5.00%, 8/1/32
675,000

826,686

California Statewide Communities Development Authority Rev., (Marin General Hospital Obligated Group), 5.00%, 8/1/33
450,000

550,256

California Statewide Communities Development Authority Rev., (Marin General Hospital Obligated Group), 5.00%, 8/1/34
625,000

760,313

California Statewide Communities Development Authority Rev., (Marin General Hospital Obligated Group), 5.00%, 8/1/35
725,000

880,339

California Statewide Communities Development Authority Rev., (Marin General Hospital Obligated Group), 5.00%, 8/1/36
700,000

846,755

California Statewide Communities Development Authority Rev., (Marin General Hospital Obligated Group), 5.00%, 8/1/37
500,000

602,835

California Statewide Communities Development Authority Rev., (Marin General Hospital Obligated Group), 5.00%, 8/1/38
500,000

599,600

California Statewide Communities Development Authority Rev., (Methodist Hospital of Southern California Obligated Group), 5.00%, 1/1/33
2,000,000

2,366,980

California Statewide Communities Development Authority Rev., (Methodist Hospital of Southern California Obligated Group), 5.00%, 1/1/35
5,175,000

6,082,850

California Statewide Communities Development Authority Rev., (Methodist Hospital of Southern California Obligated Group), 5.00%, 1/1/36
4,560,000

5,343,362

California Statewide Communities Development Authority Rev., (Methodist Hospital of Southern California Obligated Group), 5.00%, 1/1/38
3,825,000

4,454,901



California Statewide Communities Development Authority Rev., (Redlands Community Hospital), 5.00%, 10/1/28
1,000,000

1,199,390

California Statewide Communities Development Authority Rev., (Redlands Community Hospital), 5.00%, 10/1/29
600,000

715,914

California Statewide Communities Development Authority Rev., (Redlands Community Hospital), 5.00%, 10/1/31
870,000

1,027,879

California Statewide Communities Development Authority Rev., (Southern California Edison Co.), VRDN, 2.625%, 12/1/23
4,750,000

4,797,927

California Statewide Communities Development Authority Rev., (Viamonte Senior Living 1, Inc.), 3.00%, 7/1/25 (California Mortgage Insurance)
2,500,000

2,549,350

California Statewide Communities Development Authority Rev., (Viamonte Senior Living 1, Inc.), 3.00%, 7/1/26 (California Mortgage Insurance)
2,750,000

2,801,287

California Statewide Communities Development Authority Rev., (Viamonte Senior Living 1, Inc.), 3.00%, 7/1/27 (California Mortgage Insurance)
1,500,000

1,526,355

California Statewide Communities Development Authority Special Tax, 4.25%, 9/1/21
1,130,000

1,182,138

California Statewide Communities Development Authority Special Tax, 5.00%, 9/1/27
875,000

986,808

California Statewide Communities Development Authority Special Tax, 5.00%, 9/1/37
2,225,000

2,581,356

Carson Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 10/1/19 (AGM)
800,000

809,840

Carson Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 10/1/20 (AGM)
785,000

823,873

Cathedral City Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 8/1/28 (AGM)
1,190,000

1,374,188

Chabot-Las Positas Community College District GO, 4.00%, 8/1/19
3,500,000

3,515,785

Chaffey Joint Union High School District GO, 5.00%, 8/1/30
3,125,000

3,542,687

Chaffey Joint Union High School District GO, 5.00%, 8/1/32
1,220,000

1,375,599

City & County of San Francisco COP, 5.00%, 10/1/19
2,930,000

2,966,420

City & County of San Francisco GO, 5.00%, 6/15/25
1,880,000

2,156,304

Clovis Unified School District GO, Capital Appreciation, 0.00%, 8/1/24 (NATL)(2)
5,935,000

5,429,991

Commerce Community Development Commission Successor Agency Tax Allocation, 5.00%, 8/1/19
1,300,000

1,307,787

Commerce Community Development Commission Successor Agency Tax Allocation, 5.00%, 8/1/20
915,000

954,647

Commerce Community Development Commission Successor Agency Tax Allocation, 5.00%, 8/1/21
500,000

537,565

Commerce Community Development Commission Successor Agency Tax Allocation, 5.00%, 8/1/22
350,000

388,287

Commerce Community Development Commission Successor Agency Tax Allocation, 5.00%, 8/1/23 (AGM)
600,000

684,840

Contra Costa Transportation Authority Rev., 5.00%, 3/1/29
1,000,000

1,264,350

Contra Costa Transportation Authority Rev., 5.00%, 3/1/30
1,250,000

1,564,087

Contra Costa Transportation Authority Rev., 5.00%, 3/1/31
1,000,000

1,241,040

Del Mar Race Track Authority Rev., 4.00%, 10/1/19
1,275,000

1,283,224

Del Mar Race Track Authority Rev., 4.00%, 10/1/20
1,330,000

1,365,285

Del Mar Race Track Authority Rev., 5.00%, 10/1/35
660,000

728,554

Desert Sands Unified School District GO, 5.00%, 8/1/39
1,750,000

2,110,202

East Bay Municipal Utility District Wastewater System Rev., 5.00%, 6/1/38
1,700,000

2,332,927

East Side Union High School District GO, 5.00%, 8/1/25
1,405,000

1,562,838

Fontana Special Tax, (Folsom CA-Community Facilities District No. 22), 4.00%, 9/1/19
390,000

392,020

Fontana Special Tax, (Folsom CA-Community Facilities District No. 22), 5.00%, 9/1/20
545,000

565,688

Fontana Special Tax, (Folsom CA-Community Facilities District No. 22), 5.00%, 9/1/22
520,000

569,031

Fontana Special Tax, (Folsom CA-Community Facilities District No. 22), 5.00%, 9/1/24
575,000

658,047

Fontana Special Tax, (Fontana Community Facilities District No. 31), 4.00%, 9/1/28
750,000

829,260

Fontana Special Tax, (Fontana Community Facilities District No. 31), 4.00%, 9/1/29
555,000

611,271

Fontana Special Tax, (Fontana Community Facilities District No. 31), 4.00%, 9/1/30
1,110,000

1,212,409

Fontana Special Tax, (Fontana Community Facilities District No. 31), 4.00%, 9/1/31
925,000

1,005,309

Fontana Special Tax, (Fontana Community Facilities District No. 31), 4.00%, 9/1/32
1,000,000

1,084,360

Fontana Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 10/1/32
1,495,000

1,854,308

Foothill-Eastern Transportation Corridor Agency Rev., 6.25%, 1/15/33
3,750,000

4,409,100

Foothill-Eastern Transportation Corridor Agency Rev., 6.50%, 1/15/43
500,000

592,195

Foothill-Eastern Transportation Corridor Agency Rev., 5.75%, 1/15/46
1,000,000

1,159,390

Foothill-Eastern Transportation Corridor Agency Rev., 6.00%, 1/15/49
6,250,000

7,345,500



Foothill-Eastern Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/15/33(2)
750,000

482,243

Foothill-Eastern Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/15/42(2)
6,070,000

2,628,917

Foothill-Eastern Transportation Corridor Agency Rev., Capital Appreciation, VRN, 0.00%, 1/15/42
2,300,000

2,310,442

Foothill-Eastern Transportation Corridor Agency Rev., VRDN, 5.00%, 1/15/20
5,000,000

5,018,750

Foothill-Eastern Transportation Corridor Agency Rev., VRDN, 5.50%, 1/15/23
10,000,000

11,178,000

Fremont Union High School District GO, 5.00%, 8/1/32(4)
3,260,000

4,063,851

Fremont Union High School District GO, 5.00%, 8/1/33(4)
750,000

930,953

Fremont Union High School District GO, 5.00%, 8/1/34(4)
660,000

815,780

Fremont Union High School District GO, 4.00%, 8/1/35(4)
1,250,000

1,411,987

Fresno Joint Powers Financing Authority Rev., 5.00%, 4/1/24 (AGM)
1,350,000

1,565,838

Fresno Joint Powers Financing Authority Rev., 5.00%, 4/1/26 (AGM)
1,650,000

1,995,559

Fresno Joint Powers Financing Authority Rev., 5.00%, 4/1/28 (AGM)
1,400,000

1,716,540

Fresno Joint Powers Financing Authority Rev., 5.00%, 4/1/29 (AGM)
1,000,000

1,220,870

Fresno Joint Powers Financing Authority Rev., 5.00%, 4/1/30 (AGM)
1,350,000

1,638,576

Garden Grove Agency Community Development Successor Agency Tax Allocation, 5.00%, 10/1/22 (BAM)
500,000

559,015

Garden Grove Agency Community Development Successor Agency Tax Allocation, 5.00%, 10/1/23 (BAM)
500,000

575,900

Golden Empire Schools Financing Authority Rev., (Kern High School District), 5.00%, 5/1/21
3,000,000

3,201,450

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/19
3,450,000

3,450,000

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/19
1,000,000

1,000,000

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/20
1,000,000

1,033,820

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/20
1,000,000

1,036,440

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/21
1,000,000

1,071,920

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/22
2,070,000

2,262,717

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/23
3,000,000

3,352,200

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/24
7,435,000

8,432,851

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/26
6,000,000

7,070,880

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/27
7,960,000

9,520,797

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/28
2,000,000

2,374,020

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/29
4,000,000

4,717,160

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/29
6,650,000

7,568,830

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/30
1,000,000

1,135,700

Golden State Tobacco Securitization Corp. Rev., 3.50%, 6/1/36
11,305,000

11,441,338

Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/47
2,500,000

2,487,525

Golden State Tobacco Securitization Corp. Rev., 5.25%, 6/1/47
2,500,000

2,517,150

Golden State Tobacco Securitization Corp. Rev., Capital Appreciation, 0.00%, 6/1/25(2)
3,000,000

2,699,340

Grossmont-Cuyamaca Community College District GO, 5.25%, 8/1/27
750,000

868,185

Hayward Area Recreation & Park District COP, 5.125%, 1/1/24, Prerefunded at 100% of Par(1)
2,750,000

3,223,715

Hayward Unified School District GO, 4.00%, 8/1/36 (BAM)
1,000,000

1,116,550

Hayward Unified School District GO, 4.00%, 8/1/37 (BAM)
1,000,000

1,110,890

Hayward Unified School District GO, 4.00%, 8/1/38 (BAM)
1,000,000

1,102,780

Hayward Unified School District GO, 4.00%, 8/1/39 (BAM)
2,360,000

2,596,000

Hayward Unified School District GO, 4.00%, 8/1/40 (BAM)
3,000,000

3,282,360

Hesperia Community Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/33 (AGM)
4,195,000

5,137,533

Huntington Beach Union High School District GO, 5.00%, 8/1/26
3,030,000

3,480,894

Imperial Irrigation District Electric System Rev., 5.00%, 11/1/36
1,015,000

1,202,227

Inglewood Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 5/1/22 (BAM)
350,000

385,259

Inglewood Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 5/1/23 (BAM)
1,000,000

1,132,060

Inglewood Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 5/1/25 (BAM)
1,500,000

1,789,275

Inglewood Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 5/1/38 (BAM)
500,000

587,395



Inglewood Unified School District GO, 4.00%, 8/1/21 (BAM)
400,000

420,272

Inglewood Unified School District GO, 5.00%, 8/1/29 (BAM)
235,000

281,944

Inglewood Unified School District GO, 5.00%, 8/1/31 (BAM)
500,000

590,565

Inglewood Unified School District GO, 5.00%, 8/1/32 (BAM)
500,000

587,815

Inglewood Unified School District GO, 5.00%, 8/1/34 (BAM)
300,000

350,250

Inglewood Unified School District GO, 5.00%, 8/1/35 (BAM)
855,000

996,041

Inglewood Unified School District GO, 5.00%, 8/1/37 (BAM)
500,000

578,280

Inland Valley Development Agency Tax Allocation, 5.25%, 9/1/37
1,665,000

1,902,712

Inland Valley Development Agency Tax Allocation, 5.00%, 9/1/44
1,765,000

1,979,377

Irvine Special Assessment, 4.00%, 9/2/19
2,000,000

2,013,680

Irvine Special Assessment, 4.00%, 9/2/19
1,375,000

1,384,405

Irvine Special Assessment, 5.00%, 9/2/26
1,500,000

1,861,215

Irvine Special Tax, 5.00%, 9/1/39
1,000,000

1,102,930

Irvine Unified School District Special Tax, 5.00%, 9/1/21
1,500,000

1,605,480

Irvine Unified School District Special Tax, 5.00%, 9/1/23
1,135,000

1,278,963

Irvine Unified School District Special Tax, 5.00%, 9/1/25
1,330,000

1,562,138

Irvine Unified School District Special Tax, 5.00%, 9/1/26
640,000

765,965

Irvine Unified School District Special Tax, 4.00%, 9/1/36 (AGM)
1,500,000

1,635,930

Jurupa Public Financing Authority Special Tax, 5.00%, 9/1/23
625,000

715,619

Jurupa Public Financing Authority Special Tax, 5.00%, 9/1/24
680,000

799,816

Jurupa Public Financing Authority Special Tax, 5.00%, 9/1/25
1,000,000

1,175,650

Jurupa Unified School District GO, 5.00%, 8/1/37
1,075,000

1,299,589

La Quinta Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/19
1,150,000

1,160,454

La Quinta Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/20
1,045,000

1,093,248

La Quinta Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/31
4,265,000

4,972,009

La Verne COP, (Brethren Hillcrest Homes), 5.00%, 5/15/20
640,000

658,592

La Verne COP, (Brethren Hillcrest Homes), 5.00%, 5/15/21
315,000

332,397

La Verne COP, (Brethren Hillcrest Homes), 5.00%, 5/15/22
225,000

242,546

La Verne COP, (Brethren Hillcrest Homes), 5.00%, 5/15/29
635,000

671,386

Lancaster Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 8/1/24 (AGM)
435,000

510,973

Lancaster Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 8/1/25 (AGM)
600,000

723,204

Long Beach Bond Finance Authority Rev., 5.00%, 11/15/35
1,920,000

2,478,624

Long Beach Bond Finance Authority Rev., 5.50%, 11/15/37
695,000

950,586

Long Beach Harbor Rev., 5.00%, 12/15/20
6,250,000

6,616,000

Long Beach Marina System Rev., 5.00%, 5/15/23
650,000

721,084

Long Beach Marina System Rev., 5.00%, 5/15/24
1,380,000

1,560,863

Long Beach Marina System Rev., 5.00%, 5/15/25
500,000

574,930

Long Beach Marina System Rev., 5.00%, 5/15/27
800,000

910,352

Long Beach Marina System Rev., 5.00%, 5/15/28
600,000

680,988

Long Beach Marina System Rev., 5.00%, 5/15/40
2,250,000

2,485,237

Long Beach Unified School District GO, 5.00%, 8/1/28
5,000,000

6,241,000

Los Alamitos Unified School District COP, Capital Appreciation, VRN, 0.00%, 8/1/42
3,200,000

3,195,072

Los Angeles Community College District GO, 5.00%, 6/1/26
2,115,000

2,646,140

Los Angeles County COP, 5.00%, 3/1/21
1,195,000

1,273,225

Los Angeles County COP, 5.00%, 3/1/22
1,000,000

1,100,520

Los Angeles County Metropolitan Transportation Authority Rev., 5.00%, 7/1/20
3,000,000

3,123,690

Los Angeles County Metropolitan Transportation Authority Rev., 5.00%, 7/1/21
2,470,000

2,663,895

Los Angeles County Metropolitan Transportation Authority Rev., 5.00%, 7/1/32
8,000,000

10,166,000

Los Angeles County Redevelopment Refunding Authority Redev Agency Successor Agency Tax Allocation, Capital Appreciation, 0.00%, 12/1/19 (AGM)(2)
1,500,000

1,487,850



Los Angeles County Sanitation Districts Financing Authority Rev., 5.00%, 10/1/23
2,855,000

3,306,632

Los Angeles County Sanitation Districts Financing Authority Rev., 5.00%, 10/1/26
2,700,000

3,285,738

Los Angeles Department of Airports Rev., 5.00%, 5/15/24
3,040,000

3,151,112

Los Angeles Department of Airports Rev., 5.00%, 5/15/26
1,500,000

1,814,010

Los Angeles Department of Airports Rev., 5.00%, 5/15/27
1,280,000

1,540,762

Los Angeles Department of Airports Rev., 5.00%, 5/15/33
1,350,000

1,658,043

Los Angeles Department of Airports Rev., 5.00%, 5/15/34
1,250,000

1,525,750

Los Angeles Department of Airports Rev., 5.00%, 5/15/35
1,500,000

1,823,940

Los Angeles Department of Airports Rev., 5.00%, 5/15/38
2,500,000

3,117,975

Los Angeles Department of Airports Rev., 5.00%, 5/15/39
6,170,000

7,674,678

Los Angeles Department of Water Rev., 5.00%, 7/1/23
1,215,000

1,398,599

Los Angeles Department of Water Rev., 5.00%, 7/1/23
1,180,000

1,358,310

Los Angeles Department of Water Rev., 5.00%, 7/1/23
1,445,000

1,663,354

Los Angeles Department of Water Rev., 5.00%, 7/1/24
1,500,000

1,671,930

Los Angeles Department of Water Rev., 5.00%, 7/1/25
3,940,000

4,811,134

Los Angeles Department of Water Rev., 5.00%, 7/1/26
4,040,000

5,058,605

Los Angeles Department of Water Rev., 5.00%, 7/1/27
2,125,000

2,723,549

Los Angeles Department of Water Rev., 5.00%, 7/1/28
2,840,000

3,675,642

Los Angeles Department of Water Rev., 5.00%, 7/1/29
6,030,000

7,798,539

Los Angeles Department of Water & Power System Rev., 5.00%, 7/1/25
1,525,000

1,856,077

Los Angeles Department of Water & Power System Rev., 5.00%, 7/1/26
1,000,000

1,247,780

Los Angeles Department of Water & Power System Rev., 5.00%, 7/1/26
1,000,000

1,113,340

Los Angeles Department of Water & Power System Rev., 5.00%, 7/1/26
1,300,000

1,514,526

Los Angeles Department of Water & Power System Rev., 5.00%, 7/1/27
6,470,000

7,422,643

Los Angeles Department of Water & Power System Rev., VRDN, 1.25%, 6/3/19 (SBBPA: Bank of America N.A.)
1,835,000

1,835,000

Los Angeles Department of Water & Power System Rev., VRDN, 1.25%, 6/3/19 (SBBPA: Bank of America N.A.)
1,600,000

1,600,000

Los Angeles Department of Water & Power System Rev., VRDN, 1.25%, 6/3/19 (SBBPA: TD Bank N.A.)
300,000

300,000

Los Angeles Department of Water & Power System Rev., VRDN, 1.30%, 6/3/19 (SBBPA: Bank of America N.A.)
3,200,000

3,200,000

Los Angeles Department of Water & Power System Rev., VRDN, 1.30%, 6/3/19 (SBBPA: Barclays Bank)
1,100,000

1,100,000

Los Angeles Unified School District COP, 5.00%, 10/1/29
1,700,000

1,878,449

Los Angeles Unified School District GO, 5.00%, 7/1/21
1,120,000

1,205,277

Los Angeles Unified School District GO, 5.00%, 7/1/21
3,000,000

3,228,420

Los Angeles Unified School District GO, 5.00%, 7/1/23
9,175,000

10,486,658

Los Angeles Unified School District GO, 5.00%, 7/1/24
5,140,000

5,524,780

Los Angeles Unified School District GO, 5.00%, 7/1/24
5,000,000

5,876,000

Los Angeles Unified School District GO, 5.00%, 7/1/26
2,500,000

3,088,400

Los Angeles Unified School District GO, 5.00%, 7/1/26
3,555,000

4,170,193

Los Angeles Unified School District GO, 5.25%, 7/1/26
4,000,000

4,168,040

Los Angeles Unified School District GO, 5.00%, 7/1/27
1,050,000

1,229,455

Los Angeles Unified School District GO, 5.00%, 7/1/30
1,155,000

1,341,209

Los Angeles Wastewater System Rev., 5.75%, 6/1/19, Prerefunded at 100% of Par(1)
1,325,000

1,325,000

Los Angeles Wastewater System Rev., 5.00%, 6/1/35
1,500,000

1,868,070

M-S-R Energy Authority Rev., 7.00%, 11/1/34
1,000,000

1,495,810

M-S-R Energy Authority Rev., 7.00%, 11/1/34
5,880,000

8,795,363

M-S-R Energy Authority Rev., 6.50%, 11/1/39
1,180,000

1,773,044

M-S-R Energy Authority Rev., 6.50%, 11/1/39
1,425,000

2,141,176

Manhattan Beach Unified School District GO, Capital Appreciation, 0.00%, 9/1/29(2)
5,905,000

4,691,463

Menlo Park Community Development Agency Successor Agency Tax Allocation, 5.00%, 10/1/19
420,000

425,179

Menlo Park Community Development Agency Successor Agency Tax Allocation, 5.00%, 10/1/20
325,000

341,136



Metropolitan Water District of Southern California Rev., VRDN, 1.26%, 6/3/19 (SBBPA: Bank of America N.A.)
505,000

505,000

Milpitas Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/25
2,325,000

2,839,081

Milpitas Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/26
6,285,000

7,636,841

Modesto Irrigation District COP, 5.75%, 10/1/34
920,000

922,834

Mountain View Shoreline Regional Park Community Tax Allocation, 5.00%, 8/1/38 (AGM)
1,135,000

1,385,267

Mountain View Shoreline Regional Park Community Tax Allocation, 5.00%, 8/1/43 (AGM)
1,000,000

1,208,710

Municipal Improvement Corp. of Los Angeles Lease Revenue, 1.75%, 6/3/19 (LOC: Bank of the West)
1,000,000

1,000,060

Municipal Improvement Corp. of Los Angeles Rev., 5.00%, 11/1/22
1,000,000

1,125,150

Municipal Improvement Corp. of Los Angeles Rev., 5.00%, 3/1/25
3,000,000

3,300,720

Municipal Improvement Corp. of Los Angeles Rev., 5.00%, 11/1/25
750,000

920,265

Murrieta Financing Authority Special Tax, 5.00%, 9/1/21
1,200,000

1,288,860

Napa Valley Community College District GO, Capital Appreciation, VRN, 0.00%, 8/1/22
5,745,000

5,794,522

Napa Valley Community College District GO, Capital Appreciation, VRN, 0.00%, 8/1/33
2,850,000

2,951,346

Napa Valley Community College District GO, Capital Appreciation, VRN, 0.00%, 8/1/34
1,500,000

1,547,460

Natomas Unified School District GO, 5.00%, 9/1/26 (BAM)
1,785,000

2,039,059

Newport Beach Rev., (Hoag Memorial Hospital / Newport Healthcare Obligated Group), 6.00%, 12/1/21, Prerefunded at 100% of Par(1)
2,000,000

2,231,300

Norman Y Mineta San Jose International Airport SJC Rev., 5.00%, 3/1/27
1,295,000

1,505,101

Norman Y Mineta San Jose International Airport SJC Rev., 5.00%, 3/1/28
1,500,000

1,737,390

Norman Y Mineta San Jose International Airport SJC Rev., 5.00%, 3/1/30
1,750,000

2,015,685

Norman Y Mineta San Jose International Airport SJC Rev., 5.00%, 3/1/31
1,000,000

1,149,850

North Lake Tahoe Public Financing Authority Rev., 4.00%, 12/1/19
1,000,000

1,014,280

North Orange County Community College District GO, 4.00%, 8/1/30(4)
425,000

519,784

North Orange County Community College District GO, 4.00%, 8/1/31(4)
410,000

496,063

North Orange County Community College District GO, 4.00%, 8/1/32(4)
450,000

535,455

North Orange County Community College District GO, 4.00%, 8/1/33(4)
300,000

352,101

Northern California Energy Authority Rev., VRDN, 4.00%, 7/1/24
10,000,000

10,913,300

Northern California Power Agency Rev., 5.00%, 8/1/19
2,000,000

2,012,200

Northern California Power Agency Rev., 5.00%, 8/1/20
1,515,000

1,550,587

Northern California Power Agency Rev., 5.00%, 8/1/21
2,050,000

2,097,191

Northern California Power Agency Rev., 5.25%, 8/1/22
4,250,000

4,355,357

Northern California Power Agency Rev., 5.00%, 7/1/26
1,750,000

1,937,145

Northern California Power Agency Rev., 5.00%, 7/1/27
2,000,000

2,213,240

Northern California Transmission Agency Rev., 5.00%, 5/1/28
1,000,000

1,230,100

Northern California Transmission Agency Rev., 5.00%, 5/1/29
1,000,000

1,227,390

Northern California Transmission Agency Rev., 5.00%, 5/1/30
1,855,000

2,252,582

Oakland Alameda County Coliseum Authority Rev., 5.00%, 2/1/25
4,065,000

4,424,712

Oakland Sewer Rev., 5.00%, 6/15/26
1,200,000

1,412,328

Oakland Unified School District / Alameda County GO, 5.00%, 8/1/20
1,670,000

1,738,604

Oakland Unified School District / Alameda County GO, 6.625%, 8/1/21, Prerefunded at 100% of Par(1)
1,870,000

2,084,190

Oakland Unified School District / Alameda County GO, 5.00%, 8/1/22
660,000

703,778

Oakland Unified School District / Alameda County GO, 5.50%, 8/1/22, Prerefunded at 100% of Par(1)
3,150,000

3,566,398

Oakland Unified School District / Alameda County GO, 5.00%, 8/1/23
1,400,000

1,596,140

Oakland Unified School District / Alameda County GO, 5.00%, 8/1/25
650,000

778,817

Oakland Unified School District / Alameda County GO, 5.00%, 8/1/25
2,500,000

2,995,450

Ontario Community Facilities District No. 24 Special Tax, 4.00%, 9/1/20
295,000

303,113

Ontario Community Facilities District No. 24 Special Tax, 4.00%, 9/1/21
285,000

298,515

Ontario Community Facilities District No. 24 Special Tax, 4.00%, 9/1/22
300,000

318,153

Ontario Community Facilities District No. 24 Special Tax, 4.00%, 9/1/23
60,000

64,425

Ontario Community Facilities District No. 30 Special Tax, 4.00%, 9/1/24
315,000

339,677



Ontario Community Facilities District No. 30 Special Tax, 4.00%, 9/1/25
325,000

352,807

Ontario Community Facilities District No. 30 Special Tax, 4.00%, 9/1/26
340,000

372,402

Ontario Community Facilities District No. 30 Special Tax, 4.00%, 9/1/29
230,000

246,850

Orange County Special Assessment, 3.00%, 9/2/25
285,000

309,852

Orange County Special Assessment, 5.00%, 9/2/26
600,000

740,772

Orange County Special Assessment, 5.00%, 9/2/28
600,000

772,404

Orange County Special Assessment, 5.00%, 9/2/30
875,000

1,109,290

Orange County Airport Rev., 5.00%, 7/1/24
1,470,000

1,740,201

Orange County Airport Rev., 5.00%, 7/1/25
1,000,000

1,217,170

Orange County Airport Rev., 5.00%, 7/1/26
1,000,000

1,249,060

Orange County Community Facilities District Special Tax, 5.00%, 8/15/28
1,960,000

2,141,398

Orange County Community Facilities District Special Tax, 5.00%, 8/15/29
2,000,000

2,340,640

Orange County Community Facilities District Special Tax, 5.00%, 8/15/30
2,220,000

2,585,612

Orange County Community Facilities District Special Tax, 5.00%, 8/15/32
2,575,000

2,976,726

Orange County Community Facilities District Special Tax, 5.00%, 8/15/35
1,000,000

1,127,970

Oroville Rev., (Oroville Hospital), 5.25%, 4/1/34
1,685,000

2,010,373

Oroville Rev., (Oroville Hospital), 5.25%, 4/1/39
2,000,000

2,347,660

Oxnard Financing Authority Rev., 5.00%, 6/1/25 (AGM)
2,000,000

2,351,280

Oxnard Financing Authority Rev., 5.00%, 6/1/26 (AGM)
3,690,000

4,310,916

Oxnard Financing Authority Rev., 5.00%, 6/1/28 (AGM)
1,515,000

1,747,825

Oxnard Financing Authority Rev., 5.00%, 6/1/32 (AGM)
2,500,000

2,866,700

Oxnard Financing Authority Rev., 5.00%, 6/1/33 (AGM)
1,000,000

1,145,150

Oxnard School District GO, VRN, 3.00%, 8/1/40 (AGM)
3,750,000

4,091,587

Palm Desert Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 10/1/30 (BAM)
350,000

429,867

Palmdale Community Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/28 (NATL)
2,150,000

2,636,846

Palmdale Community Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/29 (NATL)
2,075,000

2,536,667

Palmdale Community Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/30 (NATL)
1,215,000

1,479,068

Palomar Health COP, (Palomar Health Obligated Group), 6.75%, 11/1/19, Prerefunded at 100% of Par(1)
500,000

510,925

Palomar Health COP, (Palomar Health Obligated Group), 5.25%, 11/1/20, Prerefunded at 100% of Par(1)
475,000

492,732

Palomar Health COP, (Palomar Health Obligated Group), 5.00%, 11/1/20
535,000

556,459

Palomar Health COP, (Palomar Health Obligated Group), 6.00%, 11/1/20, Prerefunded at 100% of Par(1)
1,870,000

1,990,877

Palomar Health COP, (Palomar Health Obligated Group), 5.00%, 11/1/22
770,000

843,112

Palomar Health COP, (Palomar Health Obligated Group), 5.00%, 11/1/25
650,000

758,791

Palomar Health COP, (Palomar Health Obligated Group), 5.00%, 11/1/26
475,000

562,614

Palomar Health COP, (Palomar Health Obligated Group), 5.00%, 11/1/27
720,000

864,878

Palomar Health COP, (Palomar Health Obligated Group), 5.00%, 11/1/32
4,000,000

4,631,720

Palomar Health GO, 5.00%, 8/1/28
1,340,000

1,611,739

Palomar Health GO, Capital Appreciation, VRN, 0.00%, 8/1/38 (AGC)
3,330,000

4,503,392

Palomar Health Rev., (Palomar Health Obligated Group), 5.00%, 11/1/21
3,625,000

3,870,231

Palomar Health Rev., (Palomar Health Obligated Group), 5.00%, 11/1/24
2,375,000

2,719,589

Palomar Health Rev., (Palomar Health Obligated Group), 5.00%, 11/1/29
4,585,000

5,340,929

Palomar Health Rev., (Palomar Health Obligated Group), 5.00%, 11/1/27
4,100,000

4,816,885

Palomar Health Rev., (Palomar Health Obligated Group), 5.00%, 11/1/39
4,080,000

4,579,637

Palos Verdes Peninsula Unified School District GO, 0.00%, 8/1/33(2)
2,600,000

1,775,046

Peninsula Corridor Joint Powers Board Rev., 5.00%, 10/1/31
1,045,000

1,340,160

Peninsula Corridor Joint Powers Board Rev., 5.00%, 10/1/32
785,000

999,580

Peninsula Corridor Joint Powers Board Rev., 5.00%, 10/1/36
300,000

373,383

Peninsula Corridor Joint Powers Board Rev., 5.00%, 10/1/37
435,000

538,987

Peninsula Corridor Joint Powers Board Rev., 5.00%, 10/1/38
550,000

677,270



Peninsula Corridor Joint Powers Board Rev., 5.00%, 10/1/39
1,210,000

1,485,989

Peralta Community College District GO, 5.00%, 8/1/22
2,145,000

2,388,093

Pittsburg Successor Agency Redevelopment Agency Tax Allocation, 5.00%, 9/1/29 (AGM)
3,000,000

3,613,050

Pomona Unified School District GO, 6.55%, 8/1/29 (NATL)
1,000,000

1,287,940

Pomona Unified School District GO, 6.15%, 8/1/30 (NATL)
855,000

971,887

Porterville Public Financing Authority Rev., 5.625%, 10/1/21, Prerefunded at 100% of Par(1)
4,000,000

4,407,480

Poway Unified School District GO, Capital Appreciation, 0.00%, 8/1/41(2)
4,890,000

2,519,083

Poway Unified School District Rev., 7.875%, 9/15/19, Prerefunded at 100% of Par(1)
1,010,000

1,028,352

Poway Unified School District Public Financing Authority Special Tax, 5.00%, 9/1/31
1,650,000

2,001,928

Rancho Santa Fe Community Services District Special Tax, 5.125%, 9/1/21, Prerefunded at 100% of Par(1)
790,000

857,079

Rancho Santa Fe Community Services District Special Tax, 5.25%, 9/1/21, Prerefunded at 100% of Par(1)
1,300,000

1,413,971

Rancho Santa Fe Community Services District Special Tax, 5.375%, 9/1/21, Prerefunded at 100% of Par(1)
1,410,000

1,537,492

Redding Electric System Rev., 5.00%, 6/1/28
1,000,000

1,270,660

Redding Electric System Rev., 5.00%, 6/1/29
1,250,000

1,579,775

Redding Electric System Rev., 5.00%, 6/1/30
1,250,000

1,568,062

Regents of the University of California Medical Center Pooled Rev., 5.00%, 5/15/33
3,015,000

3,591,679

Regents of the University of California Medical Center Pooled Rev., 5.00%, 5/15/34
2,000,000

2,372,300

Rio Elementary School District Community Facilities District Special Tax, 5.00%, 9/1/24
700,000

803,985

Riverside County Redevelopment Successor Agency Tax Allocation, 6.50%, 10/1/20, Prerefunded at 100% of Par(1)
1,560,000

1,667,047

Riverside County Transportation Commission Rev., 5.25%, 6/1/23, Prerefunded at 100% of Par(1)
1,335,000

1,543,981

Riverside County Transportation Commission Rev., Capital Appreciation, 0.00%, 6/1/28(2)
1,000,000

784,520

Riverside County Transportation Commission Rev., Capital Appreciation, 0.00%, 6/1/30(2)
1,000,000

724,310

Riverside County Transportation Commission Rev., Capital Appreciation, 0.00%, 6/1/31(2)
1,555,000

1,078,050

Riverside Sewer Rev., 5.00%, 8/1/25
1,630,000

1,989,382

Riverside Sewer Rev., 5.00%, 8/1/26
3,400,000

4,138,378

Riverside Sewer Rev., 5.00%, 8/1/35
3,750,000

4,686,750

Riverside Sewer Rev., 5.00%, 8/1/37
3,265,000

4,037,989

Riverside Water Rev., 5.00%, 10/1/36
7,185,000

9,061,075

Riverside Water Rev., 5.00%, 10/1/37
7,295,000

9,167,626

Romoland School District Special Tax, 4.00%, 9/1/21
1,035,000

1,084,080

Romoland School District Special Tax, 5.00%, 9/1/22
1,140,000

1,250,557

Romoland School District Special Tax, (Romoland School District Community Facilities District No. 2004-1 Heritage Lake), 5.00%, 9/1/36
1,000,000

1,149,810

Romoland School District Special Tax, (Romoland School District Community Facilities District No. 2004-1 Heritage Lake), 5.00%, 9/1/37
1,100,000

1,261,480

Romoland School District Special Tax, (Romoland School District Community Facilities District No. 2004-1 Heritage Lake), 5.00%, 9/1/38
1,000,000

1,144,960

Roseville Special Tax, (Fiddyment Ranch Community Facilities District No. 1), 5.00%, 9/1/25
750,000

874,238

Roseville Special Tax, (Fiddyment Ranch Community Facilities District No. 1), 5.00%, 9/1/26
1,075,000

1,273,477

Roseville Special Tax, (Fiddyment Ranch Community Facilities District No. 1), 5.00%, 9/1/28
1,025,000

1,228,708

Roseville Special Tax, (Fiddyment Ranch Community Facilities District No. 1), 5.00%, 9/1/30
1,390,000

1,649,291

Roseville Special Tax, (Fiddyment Ranch Community Facilities District No. 1), 5.00%, 9/1/31
1,000,000

1,180,610

Roseville Special Tax, (Fiddyment Ranch Community Facilities District No. 1), 5.00%, 9/1/32
1,250,000

1,467,037

Roseville Special Tax, (Fiddyment Ranch Community Facilities District No. 1), 5.00%, 9/1/34
1,050,000

1,223,114

Roseville Water Utility COP, 5.00%, 12/1/26
1,690,000

2,068,661

Roseville Water Utility COP, 5.00%, 12/1/27
2,250,000

2,746,327

Sacramento City Financing Authority Rev., 5.40%, 11/1/20 (Ambac)
925,000

955,479

Sacramento County Airport System Rev., 5.00%, 7/1/20
1,000,000

1,039,690

Sacramento County Airport System Rev., 5.00%, 7/1/23
1,000,000

1,041,770

Sacramento County Airport System Rev., 5.00%, 7/1/24
1,000,000

1,041,440

Sacramento County Airport System Rev., 5.00%, 7/1/33
1,450,000

1,799,870



Sacramento County Airport System Rev., 5.00%, 7/1/34
1,000,000

1,234,600

Sacramento County Airport System Rev., 5.00%, 7/1/35
1,000,000

1,229,410

Sacramento County Sanitation Districts Financing Authority Rev., 5.25%, 12/1/21 (NATL)
1,000,000

1,100,040

Sacramento County Sanitation Districts Financing Authority Rev., VRN, 2.29%, (67% of the 3-month LIBOR plus 0.53%), 12/1/35 (NATL)
8,500,000

8,352,015

Sacramento Municipal Utility District Rev., 5.25%, 7/1/24 (Ambac)
3,000,000

3,423,510

Sacramento Municipal Utility District Rev., 5.00%, 8/15/24
1,000,000

1,191,350

Sacramento Municipal Utility District Rev., 5.00%, 8/15/24
1,500,000

1,677,510

Sacramento Municipal Utility District Rev., 5.00%, 8/15/25
5,000,000

5,591,050

Sacramento Municipal Utility District Rev., 5.00%, 8/15/28
1,200,000

1,569,912

Sacramento Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 12/1/34 (BAM)
1,355,000

1,588,629

Sacramento Transient Occupancy Tax Rev., 5.00%, 6/1/36
1,000,000

1,220,400

Sacramento Transient Occupancy Tax Rev., 5.00%, 6/1/37
2,250,000

2,736,135

Sacramento Transient Occupancy Tax Rev., 5.00%, 6/1/38
1,000,000

1,211,090

Salinas Union High School District GO, 0.00%, 8/1/20(2)
5,000,000

4,880,400

San Bernardino Community College District GO, Capital Appreciation, VRN, 0.00%, 8/1/34
17,240,000

21,175,202

San Bernardino Redevelopment Agency Successor Agency Tax Allocation, 4.00%, 12/1/19 (AGM)
2,665,000

2,703,056

San Bernardino Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 12/1/20 (AGM)
2,915,000

3,081,855

San Bernardino Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 12/1/22 (AGM)
2,310,000

2,594,962

San Bernardino Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 12/1/24 (AGM)
2,310,000

2,740,723

San Bernardino Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 12/1/25 (AGM)
1,275,000

1,548,309

San Buenaventura Rev., (Community Memorial Health System), 8.00%, 12/1/26
2,000,000

2,276,940

San Buenaventura Rev., (Community Memorial Health System), 7.50%, 12/1/41
4,300,000

4,785,040

San Diego Community College District GO, 5.00%, 8/1/30
3,000,000

3,442,500

San Diego Community College District GO, 4.00%, 8/1/36
9,305,000

10,399,547

San Diego County Rev., (Sanford Burnham Prebys Medical Discovery Institute), 5.00%, 11/1/19
300,000

304,254

San Diego County Rev., (Sanford Burnham Prebys Medical Discovery Institute), 5.00%, 11/1/22
1,525,000

1,698,545

San Diego County Rev., (Sanford Burnham Prebys Medical Discovery Institute), 5.00%, 11/1/30
675,000

798,431

San Diego County Regional Airport Authority Rev., 5.00%, 7/1/19
1,290,000

1,293,612

San Diego County Regional Airport Authority Rev., 5.00%, 7/1/21
2,000,000

2,084,640

San Diego County Regional Airport Authority Rev., 5.00%, 7/1/31
1,000,000

1,231,690

San Diego County Regional Airport Authority Rev., 5.00%, 7/1/32
850,000

1,040,757

San Diego County Regional Airport Authority Rev., 5.00%, 7/1/33
1,000,000

1,219,350

San Diego County Regional Airport Authority Rev., 5.00%, 7/1/34
700,000

849,954

San Diego County Regional Airport Authority Rev., 5.00%, 7/1/34
750,000

776,895

San Diego County Regional Airport Authority Rev., 5.00%, 7/1/35
1,000,000

1,209,600

San Diego County Regional Transportation Commission Rev., 5.00%, 4/1/21
5,940,000

6,355,087

San Diego County Water Authority Rev., 5.00%, 5/1/25
5,250,000

6,381,427

San Diego County Water Authority Rev., 5.00%, 5/1/26
2,390,000

2,897,469

San Diego County Water Authority Rev., 5.00%, 5/1/27
3,485,000

4,216,153

San Diego Public Facilities Financing Authority Rev., 5.25%, 5/15/20, Prerefunded at 100% of Par(1)
3,400,000

3,527,636

San Diego Public Facilities Financing Authority Rev., 5.00%, 8/1/21
2,000,000

2,161,380

San Diego Public Facilities Financing Authority Rev., 5.00%, 8/1/24
2,000,000

2,232,600

San Diego Public Facilities Financing Authority Rev., 5.00%, 5/15/28
10,000,000

12,446,300

San Diego Public Facilities Financing Authority Rev., (San Diego Water Utility Rev.), 5.00%, 8/1/38
5,000,000

6,200,350

San Diego Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/22
1,000,000

1,119,930

San Diego Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/23
1,000,000

1,155,250

San Diego Unified Port District Rev., 5.00%, 9/1/23
250,000

285,140

San Diego Unified Port District Rev., 5.00%, 9/1/24
500,000

568,080

San Diego Unified Port District Rev., 5.00%, 9/1/26
750,000

850,470



San Diego Unified School District GO, 5.00%, 7/1/33
1,320,000

1,636,153

San Francisco Bay Area Rapid Transit District Rev., 5.00%, 7/1/28
1,500,000

1,817,940

San Francisco City & County Airport Comm-San Francisco International Airport Rev., 5.00%, 5/3/21, Prerefunded at 100% of Par(1)
980,000

1,049,854

San Francisco City & County Airport Comm-San Francisco International Airport Rev., 5.00%, 5/3/21, Prerefunded at 100% of Par(1)
1,210,000

1,296,249

San Francisco City & County Airport Comm-San Francisco International Airport Rev., 5.00%, 5/1/22
1,000,000

1,110,110

San Francisco City & County Airport Comm-San Francisco International Airport Rev., 4.00%, 5/1/24
1,625,000

1,801,572

San Francisco City & County Airport Comm-San Francisco International Airport Rev., 5.00%, 5/1/26
1,250,000

1,380,825

San Francisco City & County Airport Comm-San Francisco International Airport Rev., 5.00%, 5/1/29
5,060,000

5,408,938

San Francisco City & County Airport Comm-San Francisco International Airport Rev., 5.00%, 5/1/36
6,000,000

7,517,220

San Francisco City & County Public Utilities Commission Wastewater Rev., 5.00%, 10/1/21
5,000,000

5,436,350

San Francisco City & County Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 8/1/21
460,000

495,070

San Francisco City & County Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 8/1/26
425,000

497,841

San Francisco City & County Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 8/1/27
550,000

643,225

San Francisco City & County Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 8/1/28
370,000

432,031

San Francisco City & County Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 8/1/31
400,000

463,712

San Francisco City & County Redevelopment Financing Authority Tax Allocation, 6.00%, 8/1/19(1)
510,000

513,810

San Francisco City & County Redevelopment Financing Authority Tax Allocation, 6.00%, 8/1/20(1)
515,000

543,037

San Francisco City & County Redevelopment Financing Authority Tax Allocation, 6.625%, 2/1/21, Prerefunded at 100% of Par(1)
500,000

544,220

San Francisco Public Utilities Commission Water Rev., 5.00%, 5/1/20, Prerefunded at 100% of Par(1)
2,780,000

2,875,132

San Francisco Public Utilities Commission Water Rev., 5.00%, 11/1/28
1,055,000

1,274,334

San Gorgonio Memorial Health Care District GO, 5.00%, 8/1/25
850,000

991,848

San Joaquin Hills Transportation Corridor Agency Rev., 5.00%, 1/15/34
12,000,000

13,637,280

San Joaquin Hills Transportation Corridor Agency Rev., 5.00%, 1/15/44
1,000,000

1,127,010

San Joaquin Hills Transportation Corridor Agency Rev., 5.25%, 1/15/44
1,000,000

1,121,100

San Jose Unified School District GO, 5.00%, 8/1/19
1,000,000

1,006,170

San Mateo Special Tax, 5.875%, 9/1/32
1,375,000

1,522,647

San Mateo Special Tax, 5.50%, 9/1/44
750,000

811,088

San Mateo Foster City Public Financing Authority Rev., (San Mateo Sewer Rev.), 5.00%, 8/1/34(4)
1,050,000

1,337,647

San Mateo Foster City Public Financing Authority Rev., (San Mateo Sewer Rev.), 4.00%, 8/1/35(4)
1,100,000

1,265,176

San Mateo Foster City Public Financing Authority Rev., (San Mateo Sewer Rev.), 5.00%, 8/1/36(4)
1,885,000

2,378,022

Santa Barbara Financing Authority Rev., (Santa Barbara), 5.00%, 4/1/29
1,515,000

1,997,149

Santa Barbara Financing Authority Rev., (Santa Barbara), 5.00%, 4/1/31
845,000

1,093,244

Santa Barbara Financing Authority Rev., (Santa Barbara), 5.00%, 4/1/33
840,000

1,071,605

Santa Barbara Financing Authority Rev., (Santa Barbara), 5.00%, 4/1/35
2,035,000

2,573,664

Santa Barbara Financing Authority Rev., (Santa Barbara), 5.00%, 4/1/38
1,000,000

1,248,890

Santa Clara Electric Rev., 5.00%, 7/1/30
1,500,000

1,611,645

Santa Clara Valley Transportation Authority Rev., 5.00%, 4/1/20
4,000,000

4,126,040

Santa Cruz County Redevelopment Agency Tax Allocation, 5.00%, 9/1/35 (AGM)
1,500,000

1,771,995

Santa Monica Redevelopment Agency Tax Allocation, 5.875%, 7/1/42
1,000,000

1,087,330

Santa Rosa Wastewater Rev., Capital Appreciation, 0.00%, 9/1/24 (Ambac)(2)
9,000,000

8,158,230

Sonoma Community Development Agency Successor Agency Tax Allocation, 5.00%, 6/1/23 (NATL)
1,000,000

1,100,660

Sonoma Community Development Agency Successor Agency Tax Allocation, 5.00%, 6/1/25 (NATL)
1,390,000

1,647,873

Sonoma Community Development Agency Successor Agency Tax Allocation, 5.00%, 6/1/29 (NATL)
1,100,000

1,319,351

Sonoma Community Development Agency Successor Agency Tax Allocation, 5.00%, 6/1/33 (NATL)
1,325,000

1,560,890

South Orange County Public Financing Authority Special Tax, 5.00%, 8/15/20
1,100,000

1,148,312

South Orange County Public Financing Authority Special Tax, 5.00%, 8/15/21
1,500,000

1,617,045

South Orange County Public Financing Authority Special Tax, 5.00%, 8/15/23
1,200,000

1,374,888

South Orange County Public Financing Authority Special Tax, 5.00%, 8/15/25
1,125,000

1,358,021



South Orange County Public Financing Authority Special Tax, 5.00%, 8/15/26
1,000,000

1,235,660

South Orange County Public Financing Authority Special Tax, 5.00%, 8/15/27
1,155,000

1,457,737

South Orange County Public Financing Authority Special Tax, 5.00%, 8/15/28
1,340,000

1,723,722

Southern California Public Power Authority Rev., 5.00%, 7/1/20
4,000,000

4,162,280

Southern California Public Power Authority Rev., 5.00%, 7/1/21
2,780,000

2,998,842

Southern California Public Power Authority Rev., VRDN, 1.67%, (MUNIPSA plus 0.25%), 5/1/21
10,000,000

9,983,900

Southern California Water Replenishment District Rev., 5.00%, 8/1/21
1,000,000

1,080,920

Southern California Water Replenishment District Rev., 5.00%, 8/1/35
2,190,000

2,718,425

Southern California Water Replenishment District Rev., 5.00%, 8/1/37
2,170,000

2,667,516

State of California GO, 5.00%, 7/1/19(1)
4,505,000

4,517,749

State of California GO, 5.00%, 9/1/19
5,000,000

5,046,100

State of California GO, 5.25%, 10/1/20
5,000,000

5,064,400

State of California GO, 5.00%, 3/1/23
10,000,000

11,349,000

State of California GO, 5.00%, 12/1/26
1,045,000

1,209,985

State of California GO, 5.00%, 2/1/27
10,000,000

11,289,600

State of California GO, 4.00%, 11/1/27
2,000,000

2,393,820

State of California GO, 5.00%, 2/1/28
6,795,000

7,660,955

State of California GO, 5.00%, 11/1/29
2,625,000

3,021,112

State of California GO, 5.00%, 4/1/30
2,500,000

3,237,975

State of California GO, 5.00%, 4/1/31
1,350,000

1,736,748

State of California GO, 5.00%, 11/1/31
7,435,000

9,278,434

State of California GO, 5.00%, 4/1/32
3,000,000

3,839,850

State of California GO, 5.00%, 4/1/37
5,000,000

5,742,250

State of California GO, 5.00%, 4/1/38
3,500,000

4,378,150

State of California GO, 5.50%, 3/1/40
3,000,000

3,088,320

State of California GO, VRDN, 2.44%, (70% of the 1-month LIBOR plus 0.70%), 12/1/20
1,700,000

1,706,001

State of California GO, VRDN, 2.50%, (70% of the 1-month LIBOR plus 0.76%), 12/1/21
4,000,000

4,021,760

State of California GO, VRDN, 4.00%, 12/1/21
4,000,000

4,190,760

State of California GO, VRN, 2.57%, (MUNIPSA plus 1.15%), 5/1/20
1,920,000

1,927,430

State of California Department of Water Resources Rev., 5.00%, 12/1/19, Prerefunded at 100% of Par(1)
905,000

921,806

State of California Department of Water Resources Rev., 5.00%, 12/1/25
2,000,000

2,469,100

State of California Department of Water Resources Power Supply Rev., 5.00%, 5/1/20
14,215,000

14,709,256

State of California Department of Water Resources Power Supply Rev., 5.00%, 5/1/20, Prerefunded at 100% of Par(1)
1,860,000

1,922,775

State of California Department of Water Resources Power Supply Rev., 5.00%, 5/1/21
10,000,000

10,724,500

State of California Department of Water Resources Power Supply Rev., 5.00%, 5/1/21
1,140,000

1,178,897

State of California Department of Water Resources Power Supply Rev., 5.00%, 5/1/22
4,180,000

4,635,202

Stockton Public Financing Authority Rev., 5.00%, 9/1/22 (BAM)
1,410,000

1,567,666

Stockton Public Financing Authority Rev., 5.00%, 9/1/23 (BAM)
1,435,000

1,639,244

Stockton Public Financing Authority Rev., 5.00%, 9/1/24 (BAM)
1,090,000

1,279,060

Stockton Public Financing Authority Rev., 5.00%, 9/1/25 (BAM)
2,255,000

2,647,370

Stockton Public Financing Authority Rev., 5.00%, 9/1/26 (BAM)
1,495,000

1,750,196

Stockton Public Financing Authority Rev., 5.00%, 9/1/27 (BAM)
1,000,000

1,166,310

Stockton Public Financing Authority Rev., 6.25%, 10/1/38
1,500,000

1,782,735

Stockton Public Financing Authority Rev., 6.25%, 10/1/40
750,000

889,995

Stockton Public Financing Authority Rev., (Stockton Water Rev.), 5.00%, 10/1/30 (BAM)
1,000,000

1,247,910

Stockton Public Financing Authority Rev., (Stockton Water Rev.), 5.00%, 10/1/31 (BAM)
1,000,000

1,241,150

Stockton Public Financing Authority Special Tax, 4.00%, 9/2/20 (BAM)
575,000

594,096

Stockton Public Financing Authority Special Tax, 4.00%, 9/2/21 (BAM)
450,000

474,611

Stockton Public Financing Authority Special Tax, 4.00%, 9/2/22 (BAM)
940,000

1,012,418



Stockton Public Financing Authority Special Tax, 4.00%, 9/2/23 (BAM)
655,000

718,915

Stockton Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/29 (AGM)
1,500,000

1,809,900

Stockton Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/30 (AGM)
1,800,000

2,160,090

Stockton Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/31 (AGM)
1,825,000

2,177,407

Temecula Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 12/15/28 (AGM)
500,000

620,190

Temecula Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 12/15/29 (AGM)
1,155,000

1,428,054

Temecula Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 12/15/31 (AGM)
765,000

929,850

Temecula Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 12/15/32 (AGM)
750,000

906,225

Temecula Valley Unified School District Financing Authority Special Tax, 5.00%, 9/1/19 (BAM)
265,000

267,253

Temecula Valley Unified School District Financing Authority Special Tax, 5.00%, 9/1/20 (BAM)
400,000

417,252

Temecula Valley Unified School District Financing Authority Special Tax, 5.00%, 9/1/21 (BAM)
515,000

555,742

Temecula Valley Unified School District Financing Authority Special Tax, 5.00%, 9/1/22 (BAM)
275,000

306,122

Tobacco Securitization Authority of Southern California Rev., (San Diego County Tobacco Asset Securitization Corp.), 5.00%, 6/1/37
2,250,000

2,261,385

Tobacco Securitization Authority of Southern California Rev., (San Diego County Tobacco Asset Securitization Corp.), 5.125%, 6/1/46
1,000,000

1,002,160

Tracy Community Facilities District Special Tax, (Tracy Community Facilities District No. 2016-01), 5.00%, 9/1/28
425,000

501,007

Tracy Community Facilities District Special Tax, (Tracy Community Facilities District No. 2016-01), 5.00%, 9/1/33
1,610,000

1,863,720

Tracy Community Facilities District Special Tax, (Tracy Community Facilities District No. 2016-01), 5.00%, 9/1/38
1,635,000

1,871,143

Tustin Community Facilities District Special Tax, 5.00%, 9/1/28
1,000,000

1,194,150

Tustin Community Facilities District Special Tax, 5.00%, 9/1/30
1,000,000

1,182,480

Tustin Unified School District Special Tax, 6.00%, 9/1/20, Prerefunded at 100% of Par(1)
2,000,000

2,116,640

University of California Rev., 5.00%, 5/15/20
1,405,000

1,409,018

University of California Rev., 5.00%, 5/15/22, Prerefunded at 100% of Par(1)
2,840,000

3,149,816

University of California Rev., 5.00%, 5/15/23, Prerefunded at 100% of Par(1)
1,395,000

1,598,182

University of California Rev., 4.00%, 5/15/26
2,415,000

2,840,209

University of California Rev., 5.00%, 5/15/26
3,310,000

3,662,945

University of California Rev., VRDN, 1.25%, 6/3/19
350,000

350,000

University of California Rev., VRDN, 5.00%, 5/15/23
5,000,000

5,714,050

University of California Hastings College of the Law Rev., 5.00%, 4/1/31 (AGM)
1,045,000

1,263,050

Upland COP, (San Antonio Regional Hospital Obligated Group), 5.00%, 1/1/29
1,510,000

1,805,688

Upland COP, (San Antonio Regional Hospital Obligated Group), 5.00%, 1/1/32
1,475,000

1,733,612

Upland COP, (San Antonio Regional Hospital Obligated Group), 4.00%, 1/1/36
1,000,000

1,060,460

Upper Santa Clara Valley Joint Powers Authority Rev., 4.00%, 8/1/19
600,000

602,754

West Contra Costa Unified School District GO, 5.00%, 8/1/30
2,000,000

2,324,440

West Contra Costa Unified School District GO, 5.00%, 8/1/33
3,000,000

3,478,170

West Contra Costa Unified School District GO, 5.00%, 8/1/35
1,500,000

1,732,920

West Sacramento Financing Authority Special Tax, 5.00%, 9/1/19 (XLCA)
995,000

1,003,239

West Valley-Mission Community College District GO, 4.00%, 8/1/34
625,000

723,481

West Valley-Mission Community College District GO, 4.00%, 8/1/35
600,000

691,272

West Valley-Mission Community College District GO, 4.00%, 8/1/36
1,230,000

1,411,991

Western Riverside Water & Wastewater Financing Authority Rev., 5.00%, 9/1/24
1,685,000

1,961,559

Western Riverside Water & Wastewater Financing Authority Rev., 5.00%, 9/1/25
1,170,000

1,393,879

 
 
1,844,039,551

Guam — 0.4%
 
 
Guam Government GO, 6.00%, 11/15/19
225,000

229,043

Guam Government Power Authority Rev., 5.00%, 10/1/19 (AGM)
1,000,000

1,010,620

Guam Government Power Authority Rev., 5.50%, 10/1/20, Prerefunded at 100% of Par(1)
2,150,000

2,263,821

Guam Government Waterworks Authority Rev., 5.00%, 7/1/21
300,000

316,818

Guam Government Waterworks Authority Rev., 5.00%, 7/1/22
325,000

352,391



Guam Government Waterworks Authority Rev., 5.00%, 7/1/23
500,000

553,250

Guam Government Waterworks Authority Rev., 5.00%, 7/1/24
350,000

395,367

Guam Government Waterworks Authority Rev., 5.00%, 7/1/25
350,000

401,930

Guam Government Waterworks Authority Rev., 5.00%, 7/1/26
500,000

582,585

Guam Government Waterworks Authority Rev., 5.00%, 7/1/27
900,000

1,062,702

 
 
7,168,527

TOTAL INVESTMENT SECURITIES — 99.7%
(Cost $1,748,443,742)
 
1,851,208,078

OTHER ASSETS AND LIABILITIES — 0.3%
 
5,892,166

TOTAL NET ASSETS — 100.0%
 
$
1,857,100,244


NOTES TO SCHEDULE OF INVESTMENTS
AGC
-
Assured Guaranty Corporation
AGM
-
Assured Guaranty Municipal Corporation
BAM
-
Build America Mutual Assurance Company
COP
-
Certificates of Participation
GA
-
Guaranty Agreement
GO
-
General Obligation
LIBOR
-
London Interbank Offered Rate
LOC
-
Letter of Credit
MUNIPSA
-
SIFMA Municipal Swap Index
NATL
-
National Public Finance Guarantee Corporation
SBBPA
-
Standby Bond Purchase Agreement
VRDN
-
Variable Rate Demand Note. The instrument may be payable upon demand and adjusts periodically based upon the terms set forth in the security's offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The date of the demand feature is disclosed.
VRN
-
Variable Rate Note. The rate adjusts periodically based upon the terms set forth in the security’s offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated.
XLCA
-
XL Capital Ltd.
(1)
Escrowed to maturity in U.S. government securities or state and local government securities.
(2)
Security is a zero-coupon bond. Zero-coupon securities are issued at a substantial discount from their value at maturity.
(3)
Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional investors. The aggregate value of these securities at the period end was $30,156,523, which represented 1.6% of total net assets.
(4)
When-issued security. The issue price and yield are fixed on the date of the commitment, but payment and delivery are scheduled for a future date.



SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS
 
1. Investment Valuations

The fund determines the fair value of its investments and computes its net asset value per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The Board of Trustees has adopted valuation policies and procedures to guide the investment advisor in the fund’s investment valuation process and to provide methodologies for the oversight of the fund’s pricing function.
 
Fixed income securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Municipal securities are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information.
 
Exchange-traded futures contracts are valued at the settlement price as provided by the appropriate exchange.
 
If the fund determines that the market price for an investment is not readily available or the valuation methods mentioned above do not reflect an investment’s fair value, such investment is valued as determined in good faith by the Board of Trustees or its delegate, in accordance with policies and procedures adopted by the Board of Trustees. In its determination of fair value, the fund may review several factors including, but not limited to, market information regarding the specific investment or comparable investments and correlation with other investment types, futures indices or general market indicators. Circumstances that may cause the fund to use these procedures to value an investment include, but are not limited to: an investment has been declared in default or is distressed; trading in a security has been suspended during the trading day or a security is not actively trading on its principal exchange; prices received from a regular pricing source are deemed unreliable; or there is a foreign market holiday and no trading occurred.
 
The fund monitors for significant events occurring after the close of an investment’s primary exchange but before the fund’s net asset value per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region.
 
2. Fair Value Measurements

The fund’s investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by the fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels.

•
Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.

•
Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars.

•
Level 3 valuation inputs consist of unobservable data (including a fund’s own assumptions).

The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments.
 
As of period end, the fund’s investment securities were classified as Level 2. The Schedule of Investments provides additional information on the fund’s portfolio holdings.



This schedule of investments provides information about the fund’s portfolio holdings as of the date on the schedule. It is unaudited, and American Century Investments assumes no obligation to update or supplement the schedule to reflect subsequent changes. More information is available in the fund’s most recent annual or semiannual shareholder report.