0001145549-21-042741.txt : 20210727 0001145549-21-042741.hdr.sgml : 20210727 20210727130804 ACCESSION NUMBER: 0001145549-21-042741 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210531 FILED AS OF DATE: 20210727 PERIOD START: 20210831 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Federated Hermes Municipal Securities Income Trust CENTRAL INDEX KEY: 0000866700 IRS NUMBER: 251695291 STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-06165 FILM NUMBER: 211117194 BUSINESS ADDRESS: STREET 1: 4000 ERICSSON DRIVE CITY: WARRENDALE STATE: PA ZIP: 15086-7561 BUSINESS PHONE: 8003417400 MAIL ADDRESS: STREET 1: 4000 ERICSSON DRIVE CITY: WARRENDALE STATE: PA ZIP: 15086-7561 FORMER COMPANY: FORMER CONFORMED NAME: FEDERATED MUNICIPAL SECURITIES INCOME TRUST DATE OF NAME CHANGE: 19991029 FORMER COMPANY: FORMER CONFORMED NAME: MUNICIPAL SECURITIES INCOME TRUST DATE OF NAME CHANGE: 19921023 FORMER COMPANY: FORMER CONFORMED NAME: FEDERATED MUNICIPAL INCOME TRUST DATE OF NAME CHANGE: 19920703 0000866700 S000009093 Federated Hermes Ohio Municipal Income Fund C000024703 Class F Shares OMIFX C000070760 Class A Shares OMIAX C000219236 Institutional Shares OMIIX NPORT-P 1 primary_doc.xml NPORT-P false 0000866700 XXXXXXXX S000009093 C000070760 C000024703 C000219236 Federated Hermes Municipal Securities Income Trust f/k/a Federated Municipal Securities Income Trust 811-06165 0000866700 254900RAQHES8ITD1U55 Federated Hermes Funds 4000 Ericsson Drive Warrendale 15086-7561 8003417400 Federated Hermes Ohio Municipal Income Fund f/k/a Federated Ohio Municipal Income Fund S000009093 EXCIXF0TML1VCJK7C095 2021-08-31 2021-05-31 N 156215550.000000000000 207972.520000000000 156007577.480000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 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USD 2432553.2 1.5592532358 Long DBT MUN US N 2 2047-12-01 Fixed 5 N N N N N N NORTHEAST OH REGL SWR DIST N/A NORTHEAST OHIO REGIONAL SEWER DISTRICT 663903FN7 1000000 PA USD 1162822.5 0.7453628335 Long DBT MUN US N 2 2049-11-15 Fixed 5 N N N N N N OHIO ST TURNPIKE COMMISSION N/A OHIO TURNPIKE & INFRASTRUCTURE COMMISSION 67760HCG4 1000000 PA USD 1089919.4 0.6986323470 Long DBT MUN US N 2 2024-02-15 Fixed 5.5 N N N N N N OHIO ST HGR EDUCTNL FAC COMMIS 5493007MQT6NGNN6BR81 OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 67756DJY3 1000000 PA USD 1204610.5 0.7721487119 Long DBT MUN US N 2 2040-12-01 Fixed 5 N N N N N N OHIO ST 5493005LEB5E170OMX59 STATE OF OHIO 677522KJ2 3000000 PA USD 3557517.6 2.2803492353 Long DBT MUN US N 2 2030-02-01 Fixed 5 N N N N N N OHIO ST HGR EDUCTNL FAC COMMIS 5493007MQT6NGNN6BR81 Ohio Higher Educational Facility Commission 67756DXL5 1000000 PA USD 1163688.9 0.7459181912 Long DBT MUN US N 2 2050-12-01 Fixed 5 N N N N N N FRANKLIN CNTY OH CONVENTION FA N/A Franklin County Convention Facilities Authority 35317DAM7 1000000 PA USD 1174849.4 0.7530720103 Long DBT MUN US N 2 2044-12-01 Fixed 5 N N N N N N CUYAHOGA CNTY OH COPS 549300GHDK9DGLUNJU89 COUNTY OF CUYAHOGA OH 23225PAU9 1000000 PA USD 1097215.3 0.7033089788 Long DBT MUN US N 2 2036-12-01 Fixed 5 N N N N N N KENT OH ST UNIV REVENUES 549300HL3HX54032AG28 Kent State University 490728F23 1000000 PA USD 1250946.6 0.8018498974 Long DBT MUN US N 2 2050-05-01 Fixed 5 N N N N N N UNIV OF AKRON OH N/A UNIVERSITY OF AKRON/THE 914023KL9 1020000 PA USD 1170741.01 0.7504385549 Long DBT MUN US N 2 2030-01-01 Fixed 5 N N N N N N AKRON OH INCOME TAX REVENUE N/A CITY OF AKRON OH 010056EB1 1000000 PA USD 1043476.2 0.6688625109 Long DBT MUN US N 2 2031-12-01 Fixed 5 N N N N N N PUERTO RICO SALES TAX FING COR N/A Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 74529JPX7 2000000 PA USD 2276610.8 1.4592950142 Long DBT MUN US N 2 2058-07-01 Fixed 5 N N N N N N MONTGOMERY CNTY OH HOSP REVENU N/A County of Montgomery OH 613520NH4 1000000 PA USD 1171323 0.7508116073 Long DBT MUN US N 2 2051-08-01 Fixed 4 N N N N N N FRANKLIN CNTY OH HOSP REVENUE 549300VCBUC1RZE7KL42 County of Franklin OH 3531865S4 1100000 PA USD 1100000 0.7050939562 Long DBT MUN US N 2 2040-11-01 Variable 0.03 N N N N N N RIVER VLY OH LOCAL SCH DIST N/A RIVER VALLEY LOCAL SCHOOL DISTRICT 768500BC3 470000 PA USD 523744.03 0.3357170456 Long DBT MUN US N 2 2023-11-01 Fixed 5.25 N N N N N N CUYAHOGA OH CMNTY CLG DIST GEN N/A CUYAHOGA COMMUNITY COLLEGE DISTRICT 232393EA2 220000 PA USD 231975.52 0.1486950338 Long DBT MUN US N 2 2026-08-01 Fixed 5 N N N N N N OHIO ST HGR EDUCTNL FAC COMMIS 5493007MQT6NGNN6BR81 Ohio Higher Educational Facility Commission 67756DSZ0 1000000 PA USD 1239011.9 0.7941998203 Long DBT MUN US N 2 2044-11-01 Fixed 5 N N N N N N JOBSOHIO BEVERAGE SYS STWD LIQ N/A JOBSOHIO BEVERAGE SYSTEM 47770VAK6 1555000 PA USD 1675045.84 1.0736951801 Long DBT MUN US N 2 2038-01-01 Fixed 5 N N N N N N NORTHEAST OH REGL SWR DIST N/A NORTHEAST OHIO REGIONAL SEWER DISTRICT 663903EC2 2000000 PA USD 2190309.6 1.4039764192 Long DBT MUN US N 2 2038-11-15 Fixed 5 N N N N N N MIAMI UNIV OH N/A MIAMI UNIVERSITY/OXFORD OH 593791FX9 500000 PA USD 506028.55 0.3243615202 Long DBT MUN US N 2 2036-09-01 Fixed 5 N N N N N N OHIO ST WTR DEV AUTH REVENUE 549300QMBH1DMY67FZ74 OHIO WATER DEVELOPMENT AUTHORITY 67765QDA1 1000000 PA USD 1222262.5 0.7834635469 Long DBT MUN US N 2 2037-06-01 Fixed 5 N N N N N N OHIO ST WTR DEV AUTH WTR POLLC N/A OHIO WATER DEVELOPMENT AUTHORITY WATER POLLUTION CONTROL LOAN FUND 67766WXW7 2000000 PA USD 2494776.2 1.5991378370 Long DBT MUN US N 2 2030-12-01 Fixed 5 N N N N N N OHIO ST 5493005LEB5E170OMX59 State of Ohio 677522G73 1000000 PA USD 1233325.4 0.7905548050 Long DBT MUN US N 2 2039-05-01 Fixed 5 N N N N N N CLEVELAND OH MUNI SCH DIST N/A CLEVELAND MUNICIPAL SCHOOL DISTRICT 186392EH5 1000000 PA USD 1084606.3 0.6952266791 Long DBT MUN US N 2 2033-12-01 Fixed 5 N N N N N N OHIO ST AIR QUALITY 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US N 2 2048-06-01 Fixed 5 N N N N N N OHIO ST AIR QUALITY DEV AUTH 549300DZUU80AYOR6M80 Ohio Air Quality Development Authority 677525WF0 1000000 PA USD 1103325.3 0.7072254552 Long DBT MUN US N 2 2042-11-01 Variable 2.5 N N N N N N FAIRFIELD CNTY OH N/A COUNTY OF FAIRFIELD OH 304279TZ5 2000000 PA USD 2197835.6 1.4088005439 Long DBT MUN US N 2 2040-12-01 Fixed 4 N N N N N N HAMILTON CNTY OH HLTH CARE REV 549300TO1E3N4E4YIO28 COUNTY OF HAMILTON OH 40727RBU1 500000 PA USD 550585.75 0.3529224406 Long DBT MUN US N 2 2051-01-01 Fixed 5 N N N N N N OHIO ST ADULT CORRECTIONAL CAP 5493005LEB5E170OMX59 State of Ohio 677524DR8 1000000 PA USD 1381726.4 0.8856790307 Long DBT MUN US N 2 2032-10-01 Fixed 5 N N N N N N OHIO ST HGR EDUCTNL FAC COMMIS 5493007MQT6NGNN6BR81 Ohio Higher Educational Facility Commission 67756DBD7 2070000 PA USD 2070000 1.3268586266 Long DBT MUN US N 2 2039-01-01 Variable 0.02 N N N N N N OHIO ST AIR QUALITY DEV AUTH E 549300DZUU80AYOR6M80 OHIO AIR QUALITY DEVELOPMENT AUTHORITY 67754AAD6 500000 PA USD 563466 0.3611786101 Long DBT MUN US N 2 2038-01-15 Fixed 4.25 N N N N N N OHIO ST HGR EDUCTNL FAC COMMIS 5493007MQT6NGNN6BR81 Ohio Higher Educational Facility Commission 67756AH96 1350000 PA USD 1350000 0.8653425826 Long DBT MUN US N 2 2043-01-01 Variable 0.01 N N N N N N FRANKLIN CNTY OH HLTH CARE FAC 549300VCBUC1RZE7KL42 COUNTY OF FRANKLIN OH 353180JQ6 1000000 PA USD 1096790.2 0.7030364920 Long DBT MUN US N 2 2044-11-15 Fixed 5 N N N N N N TOLEDO-LUCAS COUNTY PORT AUTHORITY 549300H1LURZO4MT2Q75 TOLEDO-LUCAS COUNTY PORT AUTHORITY 889260BT1 1500000 PA USD 1544637.45 0.9901041186 Long DBT MUN US N 2 2021-12-15 Fixed 6.45 N N N N N N BUTLER CNTY OH HOSP FACS 54930064OLVQO8IVR655 COUNTY OF BUTLER OH 123550GT6 2000000 PA USD 2367768 1.5177262786 Long DBT MUN US N 2 2045-11-15 Fixed 5 N N N N N N CLEVELAND OH 549300IQSLQPCVVMKJ96 CLEVELAND OH-A 4 12/35 186343U80 500000 PA USD 603623.4 0.3869192829 Long DBT MUN US N 2 2035-12-01 Fixed 4 N N N N N N CUYAHOGA CNTY OH HOSP REVENUE 549300GHDK9DGLUNJU89 COUNTY OF CUYAHOGA OH 2322655W4 500000 PA USD 575908.75 0.3691543445 Long DBT MUN US N 2 2057-02-15 Fixed 5 N N N N N N MIAMI UNIV OH N/A MIAMI UNIVERSITY/OXFORD OH 593791FU5 2000000 PA USD 2024114.2 1.2974460810 Long DBT MUN US N 2 2031-09-01 Fixed 5 N N N N N N OHIO ST HOSP REVENUE 5493005LEB5E170OMX59 STATE OF OHIO 67756CCZ9 2000000 PA USD 2332680 1.4952350634 Long DBT MUN US N 2 2046-01-15 Fixed 5 N N N N N N CINCINNATI OH WTR SYS REVENUE N/A CITY OF CINCINNATI OH WATER SYSTEM REVENUE 172311KS0 3000000 PA USD 3611483.1 2.3149408242 Long DBT MUN US N 2 2040-12-01 Fixed 5 N N N N N N COLUMBUS OH CITY SCH DIST N/A COLUMBUS CITY SCHOOL DISTRICT 1995075Q3 2000000 PA USD 2388710.8 1.5311504983 Long DBT MUN US N 2 2047-12-01 Fixed 5 N N N N N N OHIO ST TURNPIKE COMMISSION N/A OHIO TURNPIKE & INFRASTRUCTURE COMMISSION 67760HJY8 1000000 PA USD 1082267 0.6937272006 Long DBT MUN US N 2 2048-02-15 Fixed 5 N N N N N N AMERICAN MUNI PWR-OHIO INC OH EARKGGZJJEMVD66XQ486 American Municipal Power Inc 02765UQE7 1000000 PA USD 1287675.1 0.8253926641 Long DBT MUN US N 2 2029-02-15 Fixed 5 N N N N N N UNIV OF CINCINNATI OH RECPTS 549300E0RD3ICJ858L23 UNIV OF CINCINNATI 4 6/38 914119X98 1000000 PA USD 1176547.7 0.7541606113 Long DBT MUN US N 2 2038-06-01 Fixed 4 N N N N N N OLENTANGY OH LOCAL SCH DIST N/A OLENTANGY LOCAL SCHOOL DISTRICT 680616C56 1500000 PA USD 1792978.05 1.1492890787 Long DBT MUN US N 2 2030-12-01 Fixed 5 N N N N N N OHIO ST TURNPIKE COMMISSION N/A OHIO TURNPIKE & INFRASTRUCTURE COMMISSION 67760HLE9 350000 PA USD 432318.64 0.2771138729 Long DBT MUN US N 2 2028-02-15 Fixed 5 N N N N N N OHIO ST AIR QUALITY DEV AUTH E 549300DZUU80AYOR6M80 OHIO AIR QUALITY DEVELOPMENT AUTHORITY 67754AAE4 500000 PA USD 567173.25 0.3635549370 Long DBT MUN US N 2 2048-01-15 Fixed 4.5 N N N N N N MIAMI CNTY OH HOSP FACS REVENU 549300YAYSF4ZQH3JU54 County of Miami OH 593328FQ5 1000000 PA USD 1215563 0.7791692042 Long DBT MUN US N 2 2049-08-01 Fixed 5 N N N N N N OHIO ST ADULT CORRECTIONAL CAP 5493005LEB5E170OMX59 STATE OF OHIO 677524BV1 1460000 PA USD 1796421.67 1.1514964202 Long DBT MUN US N 2 2035-10-01 Fixed 5 N N N N N N BUCKEYE OH TOBACCO SETTLEMENT N/A Buckeye Tobacco Settlement Financing Authority 118217CZ9 3000000 PA USD 3475147.8 2.2275506460 Long DBT MUN US N 2 2055-06-01 Fixed 5 N N N N N N HAMILTON CNTY OH SALES TAX N/A COUNTY OF HAMILTON OH SALES TAX REVENUE 407287LL3 2850000 PA USD 2909856.56 1.8652020671 Long DBT MUN US N 2 2032-12-01 Fixed 5 N N N N N N AKRON OH INCOME TAX REVENUE N/A CITY OF AKRON OH 010056DT3 500000 PA USD 523208.25 0.3353736135 Long DBT MUN US N 2 2023-12-01 Fixed 5 N N N N N N OHIO ST HGR EDUCTNL FAC COMMIS 5493007MQT6NGNN6BR81 Ohio Higher Educational Facility Commission 67756DWE2 345000 PA USD 406644.53 0.2606569095 Long DBT MUN US N 2 2037-05-01 Fixed 4 N N N N N N OHIO ST HOSP FAC REVENUE 5493005LEB5E170OMX59 State of Ohio 677561KV3 1500000 PA USD 1763408.4 1.1303350956 Long DBT MUN US N 2 2042-01-01 Fixed 4 N N N N N N CLEVELAND HEIGHTS & UNIV HEIGH N/A CLEVELAND HEIGHTS & UNIVERSITY HEIGHTS CITY SCHOOL DISTRICT 186162JB0 850000 PA USD 914161.74 0.5859726526 Long DBT MUN US N 2 2051-12-01 Fixed 5 N N N N N N ALLEN CNTY OH HOSP FACS REVENU N/A COUNTY OF ALLEN OH HOSPITAL FACILITIES REVENUE 01757LFG6 1000000 PA USD 1129049.4 0.7237144620 Long DBT MUN US N 2 2043-11-01 Fixed 5 N N N N N N CUYAHOGA CNTY OH HOSP REVENUE 549300GHDK9DGLUNJU89 COUNTY OF CUYAHOGA OH 2322655V6 1270000 PA USD 1504195.37 0.9641809676 Long DBT MUN US N 2 2057-02-15 Fixed 5.5 N N N N N N COLUMBUS OH N/A CITY OF COLUMBUS OH 199492FV6 1500000 PA USD 1660276.05 1.0642278259 Long DBT MUN US N 2 2028-08-15 Fixed 5 N N N N N N HAMILTON CNTY OH HOSP FACS REV 549300TO1E3N4E4YIO28 County of Hamilton OH 407272V91 2000000 PA USD 2955090 1.8941964536 Long DBT MUN US N 2 2041-11-15 Fixed 5 N N N N N N AMERICAN MUNI PWR-OHIO INC OH EARKGGZJJEMVD66XQ486 AMERICAN MUNICIPAL POWER INC 02765UGK4 1000000 PA USD 1107501.3 0.7099022483 Long DBT MUN US N 2 2042-02-15 Fixed 5 N N N N N N CUYAHOGA CNTY OH SALES TAX REV 549300GHDK9DGLUNJU89 COUNTY OF CUYAHOGA OH 232287AU6 1340000 PA USD 1560979.67 1.0005793919 Long DBT MUN US N 2 2034-12-01 Fixed 5 N N N N N N OHIO ST 5493005LEB5E170OMX59 State of Ohio 677522G32 3000000 PA USD 3727612.2 2.3893789393 Long DBT MUN US N 2 2035-05-01 Fixed 5 N N N N N N OHIO ST ADULT CORRECTIONAL CAP 5493005LEB5E170OMX59 STATE OF OHIO 677524BU3 750000 PA USD 924221.63 0.5924209868 Long DBT MUN US N 2 2034-10-01 Fixed 5 N N N N N N HAMILTON CNTY OH 549300TO1E3N4E4YIO28 County of Hamilton OH 40727GAR3 1075000 PA USD 1340761.39 0.8594206843 Long DBT MUN US N 2 2033-12-01 Fixed 5 N N N N N N AMERICAN MUNI PWR-OHIO INC OH EARKGGZJJEMVD66XQ486 AMERICAN MUNICIPAL POWER INC 02765UGC2 2250000 PA USD 2508524.33 1.6079503127 Long DBT MUN US N 2 2029-02-15 Fixed 5 N N N N N N HAMILTON CNTY OH HLTH CARE REV 549300TO1E3N4E4YIO28 COUNTY OF HAMILTON OH 40727RBS6 500000 PA USD 562767.35 0.3607307793 Long DBT MUN US N 2 2036-01-01 Fixed 5 N N N N N N OHIO ST 5493005LEB5E170OMX59 STATE OF OHIO 677522HF4 3000000 PA USD 3504839.4 2.2465827985 Long DBT MUN US N 2 2033-11-01 Fixed 5 N N N N N N CLEVELAND HEIGHTS & UNIV HEIGH N/A CLEVELAND HEIGHTS & UNIVERSITY HEIGHTS CITY SCHOOL DISTRICT 186162JA2 1255000 PA USD 1376869.29 0.8825656498 Long DBT MUN US N 2 2051-12-01 Fixed 5 N N N N N N OHIO ST HGR EDUCTNL FAC COMMIS 5493007MQT6NGNN6BR81 OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 67756DFW1 2000000 PA USD 2306170 1.4782422990 Long DBT MUN US N 2 2041-07-01 Fixed 5 N N N N N N UNIV OF AKRON OH N/A UNIVERSITY OF AKRON/THE 914023LN4 1000000 PA USD 1200560.2 0.7695524919 Long DBT MUN US N 2 2036-01-01 Fixed 5 N N N N N N FRANKLIN CNTY OH HOSP FACS REV 549300VCBUC1RZE7KL42 County of Franklin OH 353187DR5 1000000 PA USD 1239767.7 0.7946842839 Long DBT MUN US N 2 2029-11-01 Fixed 5 N N N N N N COLUMBUS OH N/A City of Columbus OH 199492J67 2270000 PA USD 2998154.48 1.9218005487 Long DBT MUN US N 2 2039-04-01 Fixed 5 N N N N N N TOLEDO OH WTRWKS REVENUE N/A CITY OF TOLEDO OH WATER SYSTEM REVENUE 889396QP5 1000000 PA USD 1088498 0.6977212374 Long DBT MUN US N 2 2032-11-15 Fixed 5 N N N N N N AKRON OH INCOME TAX REVENUE N/A CITY OF AKRON OH 010056ED7 2000000 PA USD 2083267.2 1.3353628289 Long DBT MUN US N 2 2033-12-01 Fixed 5 N N N N N N CLEVELAND OH WTR REVENUE N/A Cleveland Department of Public Utilities Division of Water 186427GL8 250000 PA USD 326876.35 0.2095259444 Long DBT MUN US N 2 2033-01-01 Fixed 5 N N N N N N OHIO ST HGR EDUCTNL FAC COMMIS 5493007MQT6NGNN6BR81 OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 67756A7Y2 1830000 PA USD 1956659.06 1.2542077068 Long DBT MUN US N 2 2031-12-01 Fixed 5 N N N N N N OHIO ST HGR EDUCTNL FAC COMMIS 5493007MQT6NGNN6BR81 Ohio Higher Educational Facility Commission 67756DWG7 1025000 PA USD 1202085.97 0.7705305021 Long DBT MUN US N 2 2039-05-01 Fixed 4 N N N N N N BOWLING GREEN OH ST UNIV N/A BOWLING GREEN STATE UNIVERSITY 102885HT0 2000000 PA USD 2344333.8 1.5027050851 Long DBT MUN US N 2 2044-06-01 Fixed 5 N N N N N N HAMILTON CNTY OH CONVENTION FA N/A HAMILTON COUNTY CONVENTION FACILITIES AUTHORITY 407277CT7 2000000 PA USD 2180298 1.3975590386 Long DBT MUN US N 2 2032-12-01 Fixed 5 N N N N N N AKRON BATH COPLEY JT TWP OH HO N/A AKRON BATH COPLEY JOINT TOWNSHIP HOSPITAL DISTRICT 009730MX7 2000000 PA USD 2080078.2 1.3333186975 Long DBT MUN US N 2 2032-11-15 Fixed 5 N N N N N N FRANKLIN CNTY OH HOSP FACS REV 549300VCBUC1RZE7KL42 COUNTY OF FRANKLIN OH 353187CQ8 1000000 PA USD 1154874.7 0.7402683374 Long DBT MUN US N 2 2040-05-15 Fixed 5 N N N N N N BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 UNITED STATES LONG BOND 000000000 -15 NC USD -12930.37 -0.0082882961 N/A DIR CORP US N 1 BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 Short US TREASURY N/B United States Treasury Note/Bond 2021-09-21 -2335038.38 USD -12930.37 N N N 2021-07-27 Federated Hermes Municipal Securities Income Trust f/k/a Federated Municipal Securities Income Trust Stephen Van Meter Federated Hermes Municipal Securities Income Trust f/k/a Federated Municipal Securities Income Trust Chief Compliance Officer XXXX NPORT-EX 2 poi_fhohiomuniincomefd.htm POI - FEDERATED HERMES OHIO MUNICIPAL INCOME FUND EDGAR HTML
Federated Hermes Ohio Municipal Income Fund
Portfolio of Investments
May 31, 2021 (unaudited) 
Principal
Amount
 
 
Value
 
 
MUNICIPAL BONDS—93.4%
 
 
 
Ohio—91.2%
 
$2,000,000
 
Akron, Bath & Copley, OH Joint Township Hospital District (Children's Hospital Medical Center, Akron), Hospital
Improvement & Refunding Revenue Bonds (Series 2012), 5.000%, 11/15/2032
$2,080,078
1,000,000
 
Akron, Bath & Copley, OH Joint Township Hospital District (Summa Health System), Hospital Facilities Revenue Bonds
(Series 2016), 5.250%, 11/15/2041
1,186,847
1,000,000
 
Akron, OH (Akron, OH Community Learning Centers), Income Tax Revenue Refunding Bonds (Series 2012A),
5.000%, 12/1/2031
1,043,476
2,000,000
 
Akron, OH (Akron, OH Community Learning Centers), Income Tax Revenue Refunding Bonds (Series 2012A),
5.000%, 12/1/2033
2,083,267
500,000
 
Akron, OH (Akron, OH Community Learning Centers), Revenue Refunding Bonds (Series A), 5.000%, 12/1/2023
523,208
1,000,000
 
Allen County, OH (Bon Secours Mercy Health), Hospital Facilities Revenue Refunding Bonds, 5.000%, 11/1/2043
1,129,049
1,000,000
 
American Municipal Power-Ohio, Inc. (American Municipal Power, Prairie State Energy Campus Project), Refunding
Revenue Bonds (Series 2015A), 5.000%, 2/15/2042
1,107,501
2,250,000
 
American Municipal Power-Ohio, Inc. (American Municipal Power, Prairie State Energy Campus Project), Revenue Bonds
(Series 2015A), 5.000%, 2/15/2029
2,508,524
1,000,000
 
American Municipal Power-Ohio, Inc. (AMP—Combined Hydroelectric Projects), Revenue Refunding Bonds (Series 2020A),
5.000%, 2/15/2029
1,287,675
2,000,000
 
Bowling Green State University, OH, General Receipts Bonds (Series 2016A), 5.000%, 6/1/2044
2,344,334
3,000,000
 
Buckeye Tobacco Settlement Financing Authority, OH, Tobacco Settlement Asset-Backed Refunding Bonds
(Series 2020B-2 Class 2), 5.000%, 6/1/2055
3,475,148
2,000,000
 
Butler County, OH Hospital Facilities Authority (UC Health), Revenue Bonds (Series 2016), 5.000%, 11/15/2045
2,367,768
3,000,000
 
Cincinnati, OH Water System, Revenue Bonds (Series 2015A), (United States Treasury PRF 12/1/2025@100),
5.000%, 12/1/2040
3,611,483
1,255,000
 
Cleveland Heights & University Heights, OH City School District, School Improvement UT GO Bonds (Series 2014),
(United States Treasury PRF 6/1/2023@100), 5.000%, 12/1/2051
1,376,869
850,000
 
Cleveland Heights & University Heights, OH City School District, School Improvement UT GO Bonds (Series 2014),
5.000%, 12/1/2051
914,162
1,500,000
 
Cleveland State University, OH, General Receipts Bonds (Series 2012), 5.000%, 6/1/2037
1,532,010
250,000
 
Cleveland, OH (Cleveland, OH Water), Water Revenue Bonds (Series 2020FF), 5.000%, 1/1/2033
326,876
1,000,000
 
Cleveland, OH Income Tax (Cleveland, OH), Subordinate Lien Income Tax Public Facilities Improvements Refunding Bonds
(Series 2017B), 5.000%, 10/1/2030
1,240,277
1,000,000
 
Cleveland, OH Municipal School District, School Improvement UT GO Bonds (Series 2015A), (Ohio School District Credit
Enhancement GTD), 5.000%, 12/1/2033
1,084,606
500,000
 
Cleveland, OH, Various Purpose GO Bonds (Series 2019A), 4.000%, 12/1/2035
603,623
2,000,000
 
Columbus, OH City School District, School Facilities Construction & Improvement UT GO Bonds (Series 2017),
5.000%, 12/1/2047
2,388,711
1,000,000
 
Columbus, OH Sewer System, Revenue Refunding Bonds (Series 2014), 5.000%, 6/1/2031
1,154,463
2,270,000
 
Columbus, OH, UT GO Bonds (Series 2021A), 5.000%, 4/1/2039
2,998,155
1,500,000
 
Columbus, OH, Various Purpose LT GO Bonds (Series 2013B), (United States Treasury PRF 8/15/2023@100),
5.000%, 8/15/2028
1,660,276
500,000
 
Cuyahoga County, OH Hospital Authority (MetroHealth System), Hospital Revenue Bonds (Series 2017), (Original Issue
Yield: 5.030%), 5.000%, 2/15/2057
575,909
1,270,000
 
Cuyahoga County, OH Hospital Authority (MetroHealth System), Hospital Revenue Bonds (Series 2017),
5.500%, 2/15/2057
1,504,195
1,340,000
 
Cuyahoga County, OH Sales Tax, Various Purpose Sales Tax Revenue Bonds (Series 2014), (United States Treasury
PRF 12/1/2024@100), 5.000%, 12/1/2034
1,560,980
1,000,000
 
Cuyahoga County, OH, Certificates of Participation Convention Hotel Project (Series 2014), 5.000%, 12/1/2036
1,097,215
220,000
 
Cuyahoga, OH Community College District, General Receipts Revenue Bonds (Series 2012D), 5.000%, 8/1/2026
231,976
2,000,000
 
Fairfield County, OH, LT GO Bonds (Series 2015), 4.000%, 12/1/2040
2,197,836
1,000,000
 
Franklin County, OH Convention Facilities Authority (Greater Columbus Convention Center Hotel), Hotel Project Revenue
Bonds (Series 2019), 5.000%, 12/1/2044
1,174,849
2,000,000
 
Franklin County, OH Convention Facilities Authority, Tax & Lease Revenue Anticipation & Refunding Bonds (Series 2014),
(United States Treasury PRF 12/1/2024@100), 5.000%, 12/1/2035
2,329,820
1
Principal
Amount
 
 
Value
 
 
MUNICIPAL BONDS—continued
 
 
 
Ohio—continued
 
$1,000,000
 
Franklin County, OH Health Care Facilities (Friendship Village of Dublin, OH, Inc.), Refunding & Improvement Bonds
(Series 2014), 5.000%, 11/15/2044
$1,096,790
1,000,000
 
Franklin County, OH Hospital Facility Authority (Nationwide Children's Hospital), Hospital Improvement Revenue Bonds
(Series 2017A), 5.000%, 11/1/2029
1,239,768
1,000,000
 
Franklin County, OH Hospital Facility Authority (OhioHealth Corp.), Hospital Facilities Revenue Bonds (Series 2015),
5.000%, 5/15/2040
1,154,875
2,000,000
 
Franklin County, OH Revenue (Trinity Healthcare Credit Group), Revenue Bonds (Series 2017A), 5.000%, 12/1/2047
2,432,553
3,015,000
 
Franklin County, OH Sales Tax Revenue, Various Purpose Sales Tax Revenue Bonds (Series 2018), 5.000%, 6/1/2048
3,733,668
500,000
 
Hamilton County, OH (Life Enriching Communities), Healthcare Improvement and Refunding Revenue Bonds (Series 2016),
5.000%, 1/1/2036
562,767
500,000
 
Hamilton County, OH (Life Enriching Communities), Healthcare Improvement and Refunding Revenue Bonds (Series 2016),
5.000%, 1/1/2051
550,586
2,000,000
 
Hamilton County, OH Convention Facilities Authority, Convention Facilities Authority Revenue & Refunding Bonds
(Series 2014), 5.000%, 12/1/2032
2,180,298
2,000,000
 
Hamilton County, OH Hospital Facilities Authority (Cincinnati Children's Hospital Medical Center), Hospital Facilities
Revenue Bonds (Series 2019CC), 5.000%, 11/15/2041
2,955,090
2,850,000
 
Hamilton County, OH Sales Tax, Revenue Refunding Bonds (Series 2011A), 5.000%, 12/1/2032
2,909,857
1,075,000
 
Hamilton County, OH, LT GO Improvement and Refunding Bonds (Series 2017A), 5.000%, 12/1/2033
1,340,761
1,000,000
 
Hamilton County, OH, LT GO Refunding Bonds (Series 20017A), 5.000%, 12/1/2037
1,237,641
1,555,000
 
JobsOhio Beverage System, OH, Statewide Senior Lien Liquor Profits Tax-Exempt Revenue Bonds (Series 2013A),
(United States Treasury PRF 1/1/2023@100), 5.000%, 1/1/2038
1,675,046
1,000,000
 
Kent State University, OH, General Receipts Bonds (Series 2020A), 5.000%, 5/1/2050
1,250,947
1,000,000
 
Miami County, OH Hospital Facility (Kettering Health Network Obligated Group), Hospital Facilities Revenue Refunding
and Improvement Bonds (Series 2019), 5.000%, 8/1/2049
1,215,563
2,000,000
 
Miami University, OH, General Receipts Revenue & Refunding Bonds (Series 2011), 5.000%, 9/1/2031
2,024,114
500,000
 
Miami University, OH, General Receipts Revenue & Refunding Bonds (Series 2011), 5.000%, 9/1/2036
506,029
1,000,000
 
Middleburg Heights, OH (Southwest General Health Center), Hospital Facilities Improvement and Revenue Refunding
Bonds (Series 2020A), 4.000%, 8/1/2047
1,141,437
1,000,000
 
Montgomery County, OH Hospital Authority (Kettering Health Network Obligated Group), Hospital Facilities Improvement
and Refunding Revenue Bonds (Series 2021), 4.000%, 8/1/2051
1,171,323
1,000,000
 
Northeast OH Regional Sewer District, Wastewater Improvement Revenue & Refunding Bonds (Series 2014),
(United States Treasury PRF 11/15/2024@100), 5.000%, 11/15/2049
1,162,823
2,000,000
 
Northeast OH Regional Sewer District, Wastewater Improvement Revenue Bonds (Series 2013), (United States Treasury
PRF 5/15/2023@100), 5.000%, 11/15/2038
2,190,310
1,200,000
1
Ohio Air Quality Development Authority (AMG Vanadium LLC), Exempt Facilities Revenue Bonds (Series 2019),
5.000%, 7/1/2049
1,352,699
500,000
 
Ohio Air Quality Development Authority (Pratt Paper, LLC), Evempt Facilities Revenue Bonds (Series 2017),
4.250%, 1/15/2038
563,466
500,000
 
Ohio Air Quality Development Authority (Pratt Paper, LLC), Exempt Facilities Revenue Bonds (Series 2017),
4.500%, 1/15/2048
567,173
675,000
 
Ohio HFA, Residential Mortgage Revenue Bonds (Series 2019A), (GNMA Collateralized Home Mortgage Program COL),
4.000%, 3/1/2049
719,976
1,000,000
 
Ohio State Air Quality Development Authority (American Electric Power Co., Inc.), Air Quality Revenue Bonds
(Series 2007B) TOBs, 2.500%, Mandatory Tender 10/1/2029
1,103,325
2,000,000
 
Ohio State Capital Facilities (Ohio State), Parks and Recreation Improvement Fund Projects (Series 2016C),
5.000%, 12/1/2031
2,433,720
1,000,000
 
Ohio State Health Educational Facilities Commission (Judson Obligated Group), Healthcare Facility Revenue Bonds
(Series 2020A), 5.000%, 12/1/2050
1,163,689
1,000,000
 
Ohio State Higher Educational Facility Commission (Case Western Reserve University, OH), Revenue Refunding Bonds
(Series 2016), 5.000%, 12/1/2040
1,204,611
1,500,000
 
Ohio State Higher Educational Facility Commission (Cleveland Clinic), Revenue Bonds (Series 2019B), 4.000%, 1/1/2042
1,763,408
1,000,000
 
Ohio State Higher Educational Facility Commission (Denison University), Revenue Bonds (Series 2019), 5.000%, 11/1/2044
1,239,012
2,000,000
 
Ohio State Higher Educational Facility Commission (Kenyon College, OH), Higher Educational Facility Revenue Bonds
(Series 2015), 5.000%, 7/1/2041
2,306,170
1,830,000
 
Ohio State Higher Educational Facility Commission (University of Dayton), Revenue Bonds (Series 2013),
5.000%, 12/1/2031
1,956,659
2
Principal
Amount
 
 
Value
 
 
MUNICIPAL BONDS—continued
 
 
 
Ohio—continued
 
$345,000
 
Ohio State Higher Educational Facility Commission (Xavier University), Higher Educational Facility Revenue Bonds
(Series 2020), 4.000%, 5/1/2037
$406,645
1,025,000
 
Ohio State Higher Educational Facility Commission (Xavier University), Higher Educational Facility Revenue Bonds
(Series 2020), 4.000%, 5/1/2039
1,202,086
2,000,000
 
Ohio State Hospital Revenue (University Hospitals Health System, Inc.), Hospital Revenue Bonds (Series 2016A),
5.000%, 1/15/2046
2,332,680
3,325,000
 
Ohio State Treasurer Private Activity (Portsmouth Gateway Group LLC), Revenue Bonds (Series 2015), 5.000%, 12/31/2039
3,757,057
350,000
 
Ohio State Turnpike & Infrastructure Commission, Revenue Refunding Bonds (Series 2017A), 5.000%, 2/15/2028
432,319
1,000,000
 
Ohio State Turnpike & Infrastructure Commission, Turnpike Junior Lien Revenue Bonds (Series 2013A-1), (Original Issue
Yield: 5.050%), (United States Treasury PRF 2/15/2023@100), 5.000%, 2/15/2048
1,082,267
1,000,000
 
Ohio State Turnpike & Infrastructure Commission, Turnpike Revenue Refunding Bonds (Series 1998A), (National Re
Holdings Corp. INS), 5.500%, 2/15/2024
1,089,919
1,000,000
 
Ohio State University, Special Purpose General Receipts Bonds (Series 2013A), 5.000%, 6/1/2038
1,086,484
2,000,000
 
Ohio State Water Development Authority Pollution Control Facilities (Ohio State Water Development Authority),
Loan Fund Revenue Bonds (Series 2017A), 5.000%, 12/1/2030
2,494,776
1,000,000
 
Ohio State Water Development Authority, Water Development Revenue Bonds (Fresh Water Series 2016B),
5.000%, 6/1/2037
1,222,263
1,000,000
 
Ohio State, Capital Facilities Lease Appropriation Bonds Adult Correctional Building Fund Project (Series 2019B),
5.000%, 10/1/2032
1,381,726
3,000,000
 
Ohio State, Capital Facilities Lease-Appropriation Bonds (Series 2016A), 5.000%, 2/1/2030
3,557,518
750,000
 
Ohio State, Capital Facilities Lease-Appropriation Bonds Adult Correctional Building Fund (Series 2017A),
5.000%, 10/1/2034
924,222
1,460,000
 
Ohio State, Capital Facilities Lease-Appropriation Bonds Adult Correctional Building Fund (Series 2017A),
5.000%, 10/1/2035
1,796,422
3,000,000
 
Ohio State, Higher Education UT GO Bonds (Series 2015C), 5.000%, 11/1/2033
3,504,839
3,000,000
 
Ohio State, Higher Education UT GO Bonds (Series 2019A), 5.000%, 5/1/2035
3,727,612
1,000,000
 
Ohio State, Higher Education UT GO Bonds (Series 2019A), 5.000%, 5/1/2039
1,233,325
1,500,000
 
Olentangy, OH Local School District, UT GO Refunding Bonds (Series 2016), 5.000%, 12/1/2030
1,792,978
470,000
 
River Valley, OH Local School District, UT GO School Facilities Bonds, (School District Credit Program GTD),
5.250%, 11/1/2023
523,744
500,000
 
Switzerland, OH Local School District, UT GO School Improvement Refunding Bonds, (United States Treasury
PRF 6/1/2023@100), 5.000%, 12/1/2027
548,025
1,000,000
 
Toledo, OH Water System, Revenue Improvement and Refunding Bonds (Series 2013), 5.000%, 11/15/2032
1,088,498
1,500,000
 
Toledo-Lucas County, OH Port Authority (CSX Corp.), Revenue Bonds, 6.450%, 12/15/2021
1,544,638
1,020,000
 
University of Akron, OH, General Receipts Bonds (Series 2015A), 5.000%, 1/1/2030
1,170,741
1,000,000
 
University of Akron, OH, General Receipts Bonds (Series 2016A), 5.000%, 1/1/2036
1,200,560
1,000,000
 
University of Cincinnati, OH, General Receipts Bonds (Series 2014C), 5.000%, 6/1/2041
1,138,771
1,000,000
 
University of Cincinnati, OH, General Receipts Bonds (Series 2019A), 4.000%, 6/1/2038
1,176,548
 
 
TOTAL
142,223,983
 
 
Puerto Rico—2.2%
 
2,000,000
 
Puerto Rico Sales Tax Financing Corp., Restructured Sales Tax Bonds (Series 2019A), (Original Issue Yield: 5.154%),
5.000%, 7/1/2058
2,276,611
1,000,000
 
Puerto Rico Sales Tax Financing Corp., Restructured Sales Tax Bonds (Series 2019A-1), 4.750%, 7/1/2053
1,121,664
 
 
TOTAL
3,398,275
 
 
TOTAL MUNICIPAL BONDS
(IDENTIFIED COST $136,201,470)
145,622,258
 
2
SHORT-TERM MUNICIPALS—5.2%
 
 
 
Ohio—5.2%
 
3,670,000
 
Allen County, OH (Bon Secours Mercy Health), (Series 2010C) Daily VRDNs, (BMO Harris Bank, N.A. LOC),
0.020%, 6/1/2021
3,670,000
1,100,000
 
Franklin County, OH Hospital Facility Authority (Nationwide Children's Hospital), (Series 2008B) Weekly VRDNs,
0.030%, 6/3/2021
1,100,000
1,350,000
 
Ohio State Higher Educational Facility Commission (Cleveland Clinic), (Series 2008 B-4) Daily VRDNs, (Barclays Bank plc
LIQ), 0.010%, 6/1/2021
1,350,000
3
Principal
Amount
 
 
Value
 
2
SHORT-TERM MUNICIPALS—continued
 
 
 
Ohio—continued
 
$2,070,000
 
Ohio State Higher Educational Facility Commission (Cleveland Clinic), (Series 2013B-2) Daily VRDNs, (Bank of New York
Mellon, N.A. LIQ), 0.020%, 6/1/2021
$2,070,000
 
 
TOTAL SHORT-TERM MUNICIPALS
(IDENTIFIED COST $8,190,000)
8,190,000
 
 
TOTAL INVESTMENT IN SECURITIES—98.6%
(IDENTIFIED COST $144,391,470)
153,812,258
 
 
OTHER ASSETS AND LIABILITIES - NET—1.4%3
2,180,853
 
 
TOTAL NET ASSETS—100%
$155,993,111
Securities that are subject to the federal alternative minimum tax (AMT) represent 4.0% of the Fund's portfolio as calculated based upon total market value.
At May 31, 2021, the Fund had the following outstanding futures contracts: 
Description
Number of
Contracts
Notional
Value
Expiration
Date
Value and
Unrealized
(Depreciation)
Short Futures
 
 
 
 
4United States Treasury Ultra Long Bond, Short Futures
15
$2,347,969
September 2021
$(12,930)
The average notional value of short futures contracts held by the Fund throughout the period was $1,367,656. This is based on amounts held as of each month-end throughout the nine-month fiscal period.
Unrealized Depreciation on Futures Contracts is included in “Other Assets and Liabilities—Net.”
1
Denotes a restricted security that either: (a) cannot be offered for public sale without first being registered, or availing of an exemption from registration, under the Securities Act of 1933; or (b) is subject to a contractual restriction on public sales. At May 31, 2021, these restricted securities amounted to $1,352,699, which represented 0.9% of total net assets.
Additional information on restricted securities held at May 31, 2021, is as follows: 
Security
Acquisition
Date
Cost
Market
value
Ohio Air Quality Development Authority (AMG Vanadium LLC), Exempt Facilities Revenue Bonds (Series 2019),
5.000%, 7/1/2049
6/27/2019
$1,258,494
$1,352,699
2
Current rate and current maturity or next reset date shown for floating rate notes and variable rate notes/demand instruments. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above.
3
Assets, other than investments in securities, less liabilities.
4
Non-income-producing security.
Note: The categories of investments are shown as a percentage of total net assets at May 31, 2021.
Investment Valuation
In calculating its net asset value (NAV), the Fund generally values investments as follows:
■ Fixed-income securities are fair valued using price evaluations provided by a pricing service approved by the Fund’s Board of Trustees (the “Trustees”).
■ Derivative contracts listed on exchanges are valued at their reported settlement or closing price, except that options are valued at the mean of closing bid and asked quotations.
■ Over-the-counter (OTC) derivative contracts are fair valued using price evaluations provided by a pricing service approved by the Trustees.
■ Shares of other mutual funds or non-exchange-traded investment companies are valued based upon their reported NAVs.
■ For securities that are fair valued in accordance with procedures established by and under the general supervision of the Trustees, certain factors may be considered such as: the last traded or purchase price of the security, information obtained by contacting the issuer or dealers, analysis of the issuer’s financial statements or other available documents, fundamental analytical data, the nature and duration of restrictions on disposition, the movement of the market in which the security is normally traded, public trading in similar securities or derivative contracts of the issuer or comparable issuers, movement of a relevant index, or other factors including but not limited to industry changes and relevant government actions.
4
If any price, quotation, price evaluation or other pricing source is not readily available when the NAV is calculated, if the Fund cannot obtain price evaluations from a pricing service or from more than one dealer for an investment within a reasonable period of time as set forth in the Fund's valuation policies and procedures, or if information furnished by a pricing service, in the opinion of the valuation committee (“Valuation Committee”), is deemed not representative of the fair value of such security, the Fund uses the fair value of the investment determined in accordance with the procedures described below. There can be no assurance that the Fund could obtain the fair value assigned to an investment if it sold the investment at approximately the time at which the Fund determines its NAV per share, and the actual value obtained could be materially different.
Fair Valuation Procedures
The Trustees have ultimate responsibility for determining the fair value of investments for which market quotations are not readily available. The Trustees have appointed a Valuation Committee comprised of officers of the Fund, Federated Investment Management Company (the “Adviser”) and certain of the Adviser’s affiliated companies to assist in determining fair value and in overseeing the calculation of the NAV. The Trustees have also authorized the use of pricing services recommended by the Valuation Committee to provide fair value evaluations of the current value of certain investments for purposes of calculating the NAV. The Valuation Committee employs various methods for reviewing third-party pricing-service evaluations including periodic reviews of third-party pricing services’ policies, procedures and valuation methods (including key inputs, methods, models and assumptions), transactional back-testing, comparisons of evaluations of different pricing services and review of price challenges by the Adviser based on recent market activity. In the event that market quotations and price evaluations are not available for an investment, the Valuation Committee determines the fair value of the investment in accordance with procedures adopted by the Trustees. The Trustees periodically review and approve the fair valuations made by the Valuation Committee and any changes made to the procedures.
Factors considered by pricing services in evaluating an investment include the yields or prices of investments of comparable quality, coupon, maturity, call rights and other potential prepayments, terms and type, reported transactions, indications as to values from dealers and general market conditions. Some pricing services provide a single price evaluation reflecting the bid-side of the market for an investment (a “bid” evaluation). Other pricing services offer both bid evaluations and price evaluations indicative of a price between the prices bid and asked for the investment (a “mid” evaluation). The Fund normally uses bid evaluations for any U.S. Treasury and Agency securities, mortgage-backed securities and municipal securities. The Fund normally uses mid evaluations for any other types of fixed-income securities and any OTC derivative contracts. In the event that market quotations and price evaluations are not available for an investment, the fair value of the investment is determined in accordance with procedures adopted by the Trustees.
Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in the three broad levels listed below:
Level 1—quoted prices in active markets for identical securities.
Level 2—other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). Also includes securities valued at amortized cost.
Level 3—significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments).
The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
The following is a summary of the inputs used, as of May 31, 2021, in valuing the Fund's assets carried at fair value. 
Valuation Inputs
 
 
 
 
 
Level 1—
Quoted
Prices
Level 2—
Other
Significant
Observable
Inputs
Level 3—
Significant
Unobservable
Inputs
Total
Debt Securities:
 
 
 
 
Municipal Bonds
$—
$145,622,258
$—
$145,622,258
Short-Term Municipals
—
8,190,000
—
8,190,000
TOTAL SECURITIES
$—
$153,812,258
$—
$153,812,258
Other Financial Instruments:1
 
 
 
 
Assets
$—
$—
$—
$—
Liabilities
$(12,930)
$—
$—
$(12,930)
TOTAL OTHER FINANCIAL INSTRUMENTS
$(12,930)
$—
$—
$(12,930)
1
Other financial instruments are futures contracts.
5
The following acronym(s) are used throughout this portfolio: 
COL
—Collateralized
GNMA
—Government National Mortgage Association
GO
—General Obligation
GTD
—Guaranteed
HFA
—Housing Finance Authority
INS
—Insured
LIQ
—Liquidity Agreement
LOC
—Letter of Credit
LT
—Limited Tax
PRF
—Pre-refunded
TOBs
—Tender Option Bonds
UT
—Unlimited Tax
VRDNs
—Variable Rate Demand Notes
6