|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—97.6%
|
|
|
|
|
Alabama—1.2%
|
|
|
$500,000
|
1,2
|
Huntsville, AL Special Care Facilities Financing Authority (Redstone Village), Retirement Facilities Revenue Bonds
(Series 2011A), (Original Issue Yield: 7.625%), 7.500%, 1/1/2047
|
$292,598
|
|
1,500,000
|
1,2
|
Huntsville, AL Special Care Facilities Financing Authority (Redstone Village), Retirement Facility Revenue Bonds
(Series 2007), (Original Issue Yield: 5.600%), 5.500%, 1/1/2043
|
858,007
|
|
2,000,000
|
|
Jefferson County, AL Sewer System, Senior Lien Sewer Revenue Current Interest Warrants (Series 2013-A),
(Original Issue Yield: 5.650%), (Assured Guaranty Municipal Corp. INS), 5.500%, 10/1/2053
|
2,115,935
|
|
2,000,000
|
|
Jefferson County, AL Sewer System, Senior Lien Sewer Revenue Current Interest Warrants (Series 2013A),
(Original Issue Yield: 5.450%), (Assured Guaranty Municipal Corp. INS), 5.250%, 10/1/2048
|
2,110,823
|
|
790,000
|
3
|
Tuscaloosa County, AL IDA (Hunt Refining Co.), Gulf Opportunity Zone Refunding Bonds (Series 2019A), 5.250%, 5/1/2044
|
800,008
|
|
|
|
TOTAL
|
6,177,371
|
|
|
|
Alaska—0.0%
|
|
|
1,000,000
|
1,2
|
Alaska Industrial Development and Export Authority (Boys & Girls Home & Family Services, Inc.), Community Provider
Revenue Bonds (Series 2007C), 6.000%, 12/1/2036
|
20,000
|
|
|
|
Arizona—2.4%
|
|
|
650,000
|
3
|
Arizona State IDA (Basis Schools, Inc. Obligated Group), Education Revenue Bonds (Series 2017D), 5.000%, 7/1/2051
|
657,233
|
|
500,000
|
3
|
Arizona State IDA (Basis Schools, Inc. Obligated Group), Education Revenue Bonds (Series 2017G), 5.000%, 7/1/2051
|
505,564
|
|
1,000,000
|
3
|
Arizona State IDA (Doral Academy of Nevada FMMR), Education Revenue Bonds (Series 2019A), 5.000%, 7/15/2049
|
1,009,381
|
|
1,750,000
|
3
|
Arizona State IDA (Pinecrest Academy of Nevada), Horizon, Inspirada and St. Rose Campus Education Revenue Bonds
(Series 2018A), 5.750%, 7/15/2048
|
1,859,700
|
|
1,000,000
|
|
Maricopa County, AZ, IDA (Commercial Metals Corp.), Exempt Facilities Revenue Bonds (Series 2022),
4.000%, 10/15/2047
|
916,274
|
|
1,000,000
|
3
|
Maricopa County, AZ, IDA (Paradise Schools), Revenue Refunding Bonds, 5.000%, 7/1/2047
|
1,007,292
|
|
1,500,000
|
|
Phoenix, AZ IDA (GreatHearts Academies), Education Facility Revenue Bonds (Series 2014A), 5.000%, 7/1/2044
|
1,522,812
|
|
1,000,000
|
|
Phoenix, AZ IDA (GreatHearts Academies), Education Facility Revenue Bonds (Series 2016A), 5.000%, 7/1/2046
|
1,019,071
|
|
3,000,000
|
|
Salt Verde Financial Corp., AZ, Senior Gas Revenue Bonds (Series 2007), (Original Issue Yield: 5.100%),
(Citigroup, Inc. GTD), 5.000%, 12/1/2037
|
3,385,661
|
|
430,000
|
3
|
Verrado Community Facilities District No. 1, AZ, District GO Refunding Bonds (Series 2013A), 6.000%, 7/15/2027
|
436,235
|
|
|
|
TOTAL
|
12,319,223
|
|
|
|
California—7.3%
|
|
|
4,445,000
|
|
California Health Facilities Financing Authority (Cedars-Sinai Medical Center), Revenue Refunding Bonds (Series 2021A),
5.000%, 8/15/2051
|
4,990,101
|
|
1,915,000
|
|
California Health Facilities Financing Authority (CommonSpirit Health), Revenue Refunding Bonds (Series 2020A),
4.000%, 4/1/2044
|
1,899,216
|
|
2,000,000
|
|
California Municipal Finance Authority (LINXS APM Project), Senior Lien Revenue Bonds (Series 2018A), 5.000%, 6/1/2048
|
2,076,984
|
|
500,000
|
3
|
California Public Finance Authority (Kendal at Sonoma), Enso Village Senior Living Revenue Refunding Bonds
(Series 2021A), 5.000%, 11/15/2046
|
500,734
|
|
750,000
|
3
|
California School Finance Authority (KIPP LA), School Facility Revenue Bonds (Series 2014A), 5.125%, 7/1/2044
|
768,542
|
|
565,000
|
3
|
California School Finance Authority (KIPP LA), School Facility Revenue Bonds (Series 2015A), 5.000%, 7/1/2045
|
581,144
|
|
500,000
|
3
|
California School Finance Authority (KIPP LA), School Facility Revenue Bonds (Series 2017A), 5.000%, 7/1/2047
|
520,559
|
|
1,000,000
|
3
|
California State School Finance Authority Charter School Revenue (Bright Star Schools-Obligated Group), Charter School
Revenue Bonds (Series 2017), 5.000%, 6/1/2037
|
1,028,460
|
|
500,000
|
3
|
California State School Finance Authority Charter School Revenue (Rocketship Public Schools), Revenue Bonds
(Series 2017G), 5.000%, 6/1/2047
|
513,327
|
|
1,100,000
|
3
|
California State School Finance Authority Charter School Revenue (Summit Public Schools Obligated Group),
(Series 2017), 5.000%, 6/1/2053
|
1,127,495
|
|
1,430,000
|
|
California State, UT GO Various Purpose Bonds, 4.000%, 4/1/2049
|
1,487,987
|
|
1,925,000
|
|
California State, UT GO Various Purpose Refunding Bonds (Series 2021), 4.000%, 10/1/2041
|
2,053,091
|
|
2,250,000
|
3
|
California Statewide Communities Development Authority (Loma Linda University Medical Center), Revenue Bonds
(Series 2016A), 5.000%, 12/1/2046
|
2,276,725
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
California—continued
|
|
|
$1,555,000
|
|
Community Facilities District No. 2016 of the County of Orange (CFD 2016-1 (Village of Esencia)), Special Tax Revenue
Bonds (Series 2016A), 5.000%, 8/15/2046
|
$1,624,261
|
|
1,000,000
|
|
Community Facilities District No. 2017 of the County of Orange (CFD 2017-1 (Village of Esencia)), Improvement Area No.1
Special Tax Revenue Bonds (Series 2018A), 5.000%, 8/15/2047
|
1,062,058
|
|
500,000
|
|
Corona-Norco USD Community Facilities District No. 98-1, CA, 2013 Special Tax Refunding Bonds, (United States Treasury
PRF 9/1/2023@100), 5.000%, 9/1/2032
|
520,578
|
|
95,000
|
|
Irvine, CA (Irvine, CA Reassessment District No. 13-1), Limited Obligation Improvement Bonds, 5.000%, 9/2/2028
|
98,315
|
|
365,000
|
|
Irvine, CA (Irvine, CA Reassessment District No. 13-1), Limited Obligation Improvement Bonds, 5.000%, 9/2/2029
|
377,611
|
|
180,000
|
|
Irvine, CA (Irvine, CA Reassessment District No. 13-1), Limited Obligation Improvement Bonds, 5.000%, 9/2/2030
|
186,097
|
|
1,000,000
|
|
Irvine, CA Community Facilities District No. 2013-3 (Great Park Improvement Area No. 1), Special Tax Bonds (Series 2014),
5.000%, 9/1/2049
|
1,030,165
|
|
850,000
|
|
Los Angeles, CA Department of Airports (Los Angeles International Airport), Subordinate Revenue Bonds (Series 2017A),
5.000%, 5/15/2047
|
899,803
|
|
1,500,000
|
|
Los Angeles, CA Department of Airports (Los Angeles International Airport), Subordinate Revenue Refunding Bonds
(Series 2021A), 5.000%, 5/15/2051
|
1,640,989
|
|
1,000,000
|
|
Los Angeles, CA Harbor Department, Revenue Refunding Bonds (Series 2014A), 5.000%, 8/1/2044
|
1,038,641
|
|
2,500,000
|
|
M-S-R Energy Authority, CA, Gas Revenue Bonds (Series 2009A), (Citigroup, Inc. GTD), 7.000%, 11/1/2034
|
3,188,535
|
|
1,000,000
|
|
Palomar Health, CA Revenue (Series 2016), 5.000%, 11/1/2039
|
1,050,044
|
|
1,000,000
|
|
Roseville, CA Special Tax (Fiddyment Ranch CFD No. 1), Special Tax Refunding Revenue Bonds (Series 2017),
5.000%, 9/1/2034
|
1,068,492
|
|
1,255,000
|
|
Roseville, CA Special Tax (Fiddyment Ranch CFD No. 5), Special Tax Revenue Bonds (Series 2021), 4.000%, 9/1/2050
|
1,160,577
|
|
340,000
|
3
|
San Francisco Special Tax District No. 2020-1 (Mission Rock Facilities and Services), Development Special Tax Bonds
(Series 2021A), 4.000%, 9/1/2051
|
308,688
|
|
500,000
|
|
San Francisco, CA City & County Redevelopment Financing Agency (Mission Bay South Redevelopment), Tax Allocation
Refunding Bonds (Series 2016C), (National Public Finance Guarantee Corporation INS), 5.000%, 8/1/2041
|
538,825
|
|
1,200,000
|
|
Santa Margarita, CA Water District Community Facilities District No. 2013-1, Special Tax Bonds (Series 2013),
(Original Issue Yield: 5.700%), 5.625%, 9/1/2043
|
1,226,928
|
|
990,000
|
|
Western Riverside Water & Wastewater Financing Authority, CA, Local Agency Revenue Refunding Bonds (Series 2016A),
5.000%, 9/1/2044
|
1,064,802
|
|
|
|
TOTAL
|
37,909,774
|
|
|
|
Colorado—6.2%
|
|
|
750,000
|
|
Arista, CO Metropolitan District, Special Revenue Refunding and Improvement Bonds (Series 2018A), 5.000%, 12/1/2038
|
761,575
|
|
1,000,000
|
|
Banning Lewis Ranch Metropolitan District No. 4, LT GO Bonds (Series 2018A), 5.750%, 12/1/2048
|
1,024,619
|
|
1,000,000
|
|
Banning Lewis Ranch Regional Metropolitan District, LT GO Bonds (Series 2018A), 5.375%, 12/1/2048
|
1,012,476
|
|
1,500,000
|
|
Base Village Metropolitan District No. 2, LT GO Refunding Bonds (Series 2016A), 5.750%, 12/1/2046
|
1,525,995
|
|
2,000,000
|
|
Central Platte Valley, CO Metropolitan District, GO Refunding Bonds (Series 2013A), 5.625%, 12/1/2038
|
2,056,667
|
|
1,250,000
|
|
Central Platte Valley, CO Metropolitan District, GO Refunding Bonds (Series 2013A), 6.000%, 12/1/2038
|
1,290,710
|
|
500,000
|
|
Colorado Educational & Cultural Facilities Authority (Aspen View Academy), Charter School Revenue Bonds (Series 2021),
4.000%, 5/1/2061
|
418,578
|
|
1,000,000
|
3
|
Colorado Educational & Cultural Facilities Authority (Loveland Classical School), School Improvement Revenue Bonds
(Series 2016), 5.000%, 7/1/2036
|
1,008,398
|
|
1,625,000
|
|
Colorado Educational & Cultural Facilities Authority (Skyview Academy), Charter School Refunding & Improvement
Revenue Bonds (Series 2014), 5.500%, 7/1/2049
|
1,650,091
|
|
1,000,000
|
|
Colorado Educational & Cultural Facilities Authority (University Lab School), Charter School Refunding & Improvement
Revenue Bonds (Series 2015), (Original Issue Yield: 5.020%), 5.000%, 12/15/2045
|
1,029,835
|
|
5,000,000
|
|
Colorado Health Facilities Authority (Advent Health System/Sunbelt Obligated Group), Hospital Revenue Bonds
(Series 2021A), 4.000%, 11/15/2050
|
5,038,613
|
|
1,500,000
|
|
Colorado Health Facilities Authority (Christian Living Communities), Revenue Refunding Bonds (Series 2016),
5.000%, 1/1/2037
|
1,507,743
|
|
1,000,000
|
|
Denver, CO City & County Department of Aviation (Denver, CO City & County Airport Authority), Airport System Revenue
Bonds (Series 2018A), (Original Issue Yield: 4.070%), 4.000%, 12/1/2048
|
989,392
|
|
500,000
|
|
Denver, CO Convention Center Hotel Authority, Senior Revenue Refunding Bonds (Series 2016), 5.000%, 12/1/2040
|
518,299
|
|
1,000,000
|
3
|
Denver, CO Health & Hospital Authority, Revenue Refunding Bonds (Series 2017A), 5.000%, 12/1/2034
|
1,068,670
|
|
750,000
|
|
Eagle County, CO Air Terminal Corp., Revenue Refunding Bonds (Series 2011A), 6.000%, 5/1/2027
|
717,518
|
|
1,170,000
|
|
Hogback Metropolitan District, CO, LT GO Bonds (Series 2021A), 5.000%, 12/1/2051
|
1,023,637
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Colorado—continued
|
|
|
$1,500,000
|
|
Lakes at Centerra Metropolitan District No. 2, LT GO Refunding and Improvement Bonds (Series 2018A),
5.125%, 12/1/2037
|
$1,507,944
|
|
2,500,000
|
|
North Range, CO Metropolitan District No. 2, LT GO and Special Revenue Refunding and Improvement Bonds
(Series 2017A), 5.750%, 12/1/2047
|
2,552,122
|
|
2,000,000
|
|
Public Authority for Colorado Energy, Natural Gas Purchase Revenue Bonds (Series 2008), (Original Issue Yield: 6.630%),
(Bank of America Corp. GTD), 6.250%, 11/15/2028
|
2,265,441
|
|
2,510,000
|
|
St. Vrain Lakes, CO Metropolitan District No. 2, LT GO Senior Bonds (Series 2017A), 5.000%, 12/1/2037
|
2,556,694
|
|
1,030,000
|
|
Tallyn's Reach Metropolitan District No. 3, CO, LT GO Refunding & Improvement Bonds (Series 2013),
(United States Treasury PRF 12/1/2023@100), 5.125%, 11/1/2038
|
1,076,106
|
|
|
|
TOTAL
|
32,601,123
|
|
|
|
Connecticut—1.3%
|
|
|
1,000,000
|
|
Connecticut Development Authority (Bombardier, Inc.), Airport Facility Revenue Bonds, 7.950%, 4/1/2026
|
999,705
|
|
1,500,000
|
|
Connecticut State (Connecticut State Special Transportation Fund), Special Tax Obligation Bonds Transportation
Infrastructure Purpose (Series 2018B), 5.000%, 10/1/2038
|
1,666,911
|
|
1,000,000
|
|
Connecticut State (Connecticut State Special Transportation Fund), Special Tax Obligation Bonds Transportation
Infrastructure Purposes (Series 2020A), 4.000%, 5/1/2039
|
1,024,662
|
|
1,835,000
|
3
|
Mohegan Tribe of Indians of Connecticut Gaming Authority, Priority Distribution Payment Refunding Bonds
(Series 2015C), (Original Issue Yield: 6.375%), 6.250%, 2/1/2030
|
1,965,373
|
|
1,500,000
|
|
Steel Point Infrastructure Improvement District, Steelpoint Harbor Special Obligation Revenue Bonds (Series 2021),
4.000%, 4/1/2051
|
1,298,881
|
|
|
|
TOTAL
|
6,955,532
|
|
|
|
Delaware—1.5%
|
|
|
2,000,000
|
|
Delaware Economic Development Authority (Newark Charter School, Inc.), Charter School Revenue Bonds (Series 2021),
4.000%, 9/1/2051
|
1,818,813
|
|
3,000,000
|
|
Delaware Health Facilities Authority (Christiana Care Health Services), Revenue and Refunding Bonds (Series 2020A),
4.000%, 10/1/2049
|
3,013,464
|
|
3,000,000
|
3
|
Millsboro, DE Special Obligations (Plantation Lakes Special Development District), Special Tax Revenue Refunding Bonds
(Series 2018), (Original Issue Yield: 5.140%), 5.125%, 7/1/2038
|
3,055,520
|
|
|
|
TOTAL
|
7,887,797
|
|
|
|
District of Columbia—2.2%
|
|
|
1,000,000
|
|
District of Columbia (Friendship Public Charter School, Inc.), Revenue Bonds (Series 2016A), 5.000%, 6/1/2046
|
1,025,429
|
|
1,000,000
|
|
District of Columbia (Ingleside at Rock Creek), Project Revenue Bonds (Series 2017A), (Original Issue Yield: 5.250%),
5.000%, 7/1/2052
|
953,643
|
|
1,030,000
|
|
District of Columbia (KIPP DC), Revenue Bonds (Series 2013A), (United States Treasury PRF 7/1/2023@100),
6.000%, 7/1/2043
|
1,077,712
|
|
1,000,000
|
|
District of Columbia (KIPP DC), Revenue Bonds (Series 2019), 4.000%, 7/1/2039
|
987,556
|
|
1,500,000
|
|
District of Columbia, UT GO Bonds (Series 2021D), 4.000%, 2/1/2046
|
1,552,087
|
|
1,000,000
|
|
Metropolitan Washington, DC Airports Authority, Revenue Refunding Bonds (Series 2017A), 5.000%, 10/1/2047
|
1,062,609
|
|
3,000,000
|
|
Metropolitan Washington, DC Airports Authority, Revenue Refunding Bonds (Series 2019A), 5.000%, 10/1/2039
|
3,286,939
|
|
500,000
|
|
Washington Metropolitan Area Transit Authority, Dedicated Revenue Bonds (Series 2020A), 4.000%, 7/15/2045
|
515,922
|
|
1,070,000
|
|
Washington Metropolitan Area Transit Authority, Dedicated Revenue Bonds (Series 2021A), 4.000%, 7/15/2046
|
1,101,243
|
|
|
|
TOTAL
|
11,563,140
|
|
|
|
Florida—7.7%
|
|
|
1,245,000
|
|
Alta Lakes, FL Community Development District, Special Assessment Bonds (Series 2019), 4.625%, 5/1/2049
|
1,200,918
|
|
130,000
|
|
Arborwood, FL Community Development District, Special Assessment Revenue Bonds (Series 2014A-1),
(Original Issue Yield: 6.900%), 6.900%, 5/1/2036
|
129,759
|
|
450,000
|
|
Artisan Lakes East CDD, Capital Improvement Revenue Bonds (Series 2021-1), 4.000%, 5/1/2051
|
393,442
|
|
550,000
|
|
Artisan Lakes East CDD, Capital Improvement Revenue Bonds (Series 2021-2), 4.000%, 5/1/2052
|
479,787
|
|
1,365,000
|
|
Boggy Branch CDD, FL, Special Assessment Bonds (Series 2021), 4.000%, 5/1/2051
|
1,185,576
|
|
3,000,000
|
|
Broward County, FL (Broward County, FL Convention Center Hotel), First Tier Revenue Bonds (Series 2022),
(Broward County, FL GTD), 5.500%, 1/1/2055
|
3,472,350
|
|
3,000,000
|
1,2,3
|
Collier County, FL IDA (Arlington of Naples), Continuing Care Community Revenue Bonds (Series 2013A),
(Original Issue Yield: 8.375%), 8.250%, 5/15/2049
|
2,040,000
|
|
1,000,000
|
3
|
Florida Development Finance Corp. (Glenridge on Palmer Ranch), Senior Living Revenue and Refunding Bonds
(Series 2021), 5.000%, 6/1/2051
|
874,465
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Florida—continued
|
|
|
$1,000,000
|
|
Florida Development Finance Corp. (Mayflower Retirement Community), Senior Living Revenue Bonds (Series 2021A),
4.000%, 6/1/2055
|
$790,564
|
|
1,000,000
|
|
Florida Development Finance Corp. (Shands Jacksonville Medical Center, Inc.), UFHealth Revenue Refunding Bonds
(Series 2022A), 5.000%, 2/1/2052
|
1,052,655
|
|
1,000,000
|
|
Florida State Mid-Bay Authority, First Senior Lien Revenue Bonds (Series 2015A), 5.000%, 10/1/2040
|
1,039,681
|
|
1,000,000
|
|
Harbor Bay, FL Community Development District, Special Assessment District Area One (Series 2019A-1),
(Original Issue Yield: 4.140%), 4.100%, 5/1/2048
|
908,935
|
|
265,000
|
|
Lakes of Sarasota CDD, Improvement Revenue Bonds Phase 1 Project (Series 2021A-1), 4.100%, 5/1/2051
|
232,070
|
|
750,000
|
|
Lakes of Sarasota CDD, Improvement Revenue Bonds Phase 1 Project (Series 2021A-2), (Original Issue Yield: 3.960%),
3.875%, 5/1/2031
|
669,130
|
|
555,000
|
|
Lakewood Ranch Stewardship District, FL (Indigo Expansion Area Project), Special Assessment Revenue Bonds
(Series 2019), 4.000%, 5/1/2049
|
488,585
|
|
1,000,000
|
|
Lakewood Ranch Stewardship District, FL (Lakewood Centre North), Special Assessment Revenue Bonds (Series 2015),
(Original Issue Yield: 4.960%), 4.875%, 5/1/2045
|
1,003,121
|
|
1,000,000
|
|
Lakewood Ranch Stewardship District, FL (Lakewood National & Polo Run), Special Assessment Bonds,
(Original Issue Yield: 5.400%), 5.375%, 5/1/2047
|
1,016,200
|
|
750,000
|
|
Lakewood Ranch Stewardship District, FL (Northeast Sector Phase-2B), Special Assessment Revenue Bonds (Series 2020),
4.000%, 5/1/2050
|
656,247
|
|
1,000,000
|
|
Lakewood Ranch Stewardship District, FL (Northeast Sector Project—Phase 1B), Special Assessment Revenue Bonds
(Series 2018), 5.450%, 5/1/2048
|
1,020,760
|
|
1,180,000
|
|
Lakewood Ranch Stewardship District, FL (Villages of Lakewood Ranch South), Special Assessment Revenue Bonds
(Series 2016), (Original Issue Yield: 5.160%), 5.125%, 5/1/2046
|
1,189,691
|
|
1,000,000
|
|
Lee County, FL IDA (Cypress Cove at Healthpark), Healthcare Facilities Revenue Bonds (Series 2022A), 5.250%, 10/1/2057
|
987,254
|
|
1,840,000
|
|
LT Ranch, FL CDD, Capital Improvement Revenue Bonds (Series 2019), 4.000%, 5/1/2050
|
1,616,661
|
|
745,000
|
|
Midtown Miami, FL Community Development District, Special Assessment & Revenue Refunding Bonds (Series 2014A),
(Original Issue Yield: 5.250%), 5.000%, 5/1/2037
|
748,757
|
|
2,000,000
|
3
|
Polk County, FL IDA (Mineral Development, LLC), Secondary Phosphate Tailings Recovery Project Revenue Bonds
(Series 2020), 5.875%, 1/1/2033
|
2,142,344
|
|
145,000
|
1,2
|
Reunion East Community Development District, FL, Special Assessment Bonds (Series 2002A-1), 7.375%, 5/1/2033
|
1
|
|
1,125,000
|
|
River Landing CDD, Capital Improvement Revenue Bonds (Series 2020A), (Original Issue Yield: 4.360%), 4.350%, 5/1/2051
|
1,028,119
|
|
900,000
|
|
Rivers Edge III CDD, Capital Improvement Revenue Bonds (Series 2021), 4.000%, 5/1/2051
|
780,441
|
|
1,250,000
|
|
Seminole County, FL IDA (Legacy Pointe at UCF), Retirement Facilities Revenue Bonds (Series 2019A), 5.750%, 11/15/2054
|
1,195,223
|
|
940,000
|
|
Southern Grove, FL Community Development District #5, Special Assessment Bonds (Series 2021), 4.000%, 5/1/2048
|
825,318
|
|
585,000
|
|
Southern Grove, FL Community Development District #5, Special Assessment District Revenue Refunding Bonds
(Series 2019), 4.000%, 5/1/2043
|
528,658
|
|
500,000
|
|
St. Johns County, FL IDA (Vicar's Landing), Senior Living Revenue Bonds (Series 2021A), 4.000%, 12/15/2050
|
391,420
|
|
495,000
|
|
Talavera, FL Community Development District, Capital Improvement Revenue Bonds (Series 2019), 4.350%, 5/1/2040
|
475,899
|
|
770,000
|
|
Talavera, FL Community Development District, Capital Improvement Revenue Bonds (Series 2019), 4.500%, 5/1/2050
|
724,881
|
|
900,000
|
|
Tolomato Community Development District, FL, Special Assessment Refunding Bonds (Series 2019C), 4.400%, 5/1/2040
|
883,551
|
|
1,000,000
|
|
Tolomato Community Development District, FL, Special Assessment Refunding Bonds Subordinate Lien (Series 2019A-2),
4.250%, 5/1/2037
|
978,336
|
|
175,000
|
|
Tolomato Community Development District, FL, Special Assessment Revenue Bonds (Series 2015-2),
(Original Issue Yield: 6.752%), (Step Coupon 11/1/2024@6.610%), 0.000%, 5/1/2040
|
137,954
|
|
190,000
|
1,2
|
Tolomato Community Development District, FL, Special Assessment Revenue Bonds (Series 2015-3), 6.610%, 5/1/2040
|
2
|
|
1,400,000
|
|
Tradition CDD No. 9, Special Assessment Community Infrastructure Bonds (Series 2021), 4.000%, 5/1/2052
|
1,217,080
|
|
980,000
|
|
Verandah West, FL Community Development District, Capital Improvement Revenue Refunding Bonds (Series 2013),
(Original Issue Yield: 5.125%), 5.000%, 5/1/2033
|
982,934
|
|
1,500,000
|
|
Viera Stewardship District (Viera Stewardship District Village 2), Special Assessment Revenue Bonds (Series 2021),
4.000%, 5/1/2053
|
1,307,337
|
|
2,000,000
|
|
Willow Walk, FL Community Development District, Special Assessment Bonds (Series 2015), 5.625%, 5/1/2045
|
2,033,148
|
|
1,355,000
|
|
Windward at Lakewood Ranch, FL Community Development District, Capital Improvement Revenue Bonds (Series 2022),
4.250%, 5/1/2052
|
1,215,537
|
|
|
|
TOTAL
|
40,044,791
|
|
|
|
Georgia—0.5%
|
|
|
1,000,000
|
|
Atlanta, GA Water & Wastewater, Revenue Refunding Bonds (Series 2015), 5.000%, 11/1/2040
|
1,063,130
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Georgia—continued
|
|
|
$1,010,000
|
|
Geo. L. Smith II Georgia World Congress Center Authority, Convention Center Hotel Second Tier Revenue Bonds
(Series 2021B), 5.000%, 1/1/2054
|
$968,704
|
|
500,000
|
|
Rockdale County, GA Development Authority (Pratt Paper, LLC), Revenue Refunding Bonds (Series 2018),
4.000%, 1/1/2038
|
483,080
|
|
|
|
TOTAL
|
2,514,914
|
|
|
|
Guam—0.1%
|
|
|
500,000
|
|
Guam Government, Hotel Occupancy Tax Revenue Refunding Bonds (Series 2021A), 5.000%, 11/1/2040
|
520,762
|
|
|
|
Hawaii—0.2%
|
|
|
1,000,000
|
|
Hawaii State Airports System Revenue, Airports Systems Revenue Bonds (Series 2018A), 5.000%, 7/1/2048
|
1,066,489
|
|
|
|
Idaho—0.5%
|
|
|
3,000,000
|
|
Idaho Health Facilities Authority (Terraces of Boise), Exchange Revenue Refunding Bonds (Series 2021A),
4.550%, 10/1/2056
|
2,348,588
|
|
490,000
|
|
Idaho Health Facilities Authority (Terraces of Boise), Taxable Exchange Revenue Refunding Bonds (Series 2021B),
8.000%, 10/1/2028
|
461,864
|
|
|
|
TOTAL
|
2,810,452
|
|
|
|
Illinois—10.0%
|
|
|
1,000,000
|
|
Chicago, IL (Chicago, IL Sales Tax), Revenue Refunding Bonds (Series 2002), (United States Treasury PRF 1/1/2025@100),
5.000%, 1/1/2032
|
1,072,101
|
|
3,300,000
|
|
Chicago, IL Board of Education, UT GO Dedicated Revenue Bonds (Series 2017A), (Original Issue Yield: 7.650%),
7.000%, 12/1/2046
|
3,733,816
|
|
1,000,000
|
|
Chicago, IL Board of Education, UT GO Dedicated Revenue Refunding Bonds (Series 2018A), 5.000%, 12/1/2030
|
1,059,262
|
|
1,000,000
|
|
Chicago, IL Board of Education, UT GO Dedicated Revenue Refunding Bonds (Series 2018A), 5.000%, 12/1/2031
|
1,056,744
|
|
1,125,000
|
|
Chicago, IL O'Hare International Airport (TRIPs Obligated Group), Senior Special Facilities Revenue Bonds (Series 2018),
5.000%, 7/1/2048
|
1,175,533
|
|
385,000
|
|
Chicago, IL O'Hare International Airport, General Airport Senior Lien Revenue Refunding Bonds (Series 2016B),
5.000%, 1/1/2041
|
406,907
|
|
4,000,000
|
|
Chicago, IL Transit Authority, Second Lien Sales Tax Receipts Revenue Bonds (Series 2022A), 5.000%, 12/1/2057
|
4,377,420
|
|
1,250,000
|
|
Chicago, IL Water Revenue, Second Lien Water Revenue Bonds (Series 2014), 5.000%, 11/1/2044
|
1,277,669
|
|
2,683,000
|
|
Chicago, IL, UT GO Exchanged Bonds (Series 2021B), 4.000%, 1/1/2038
|
2,605,410
|
|
1,333,000
|
|
Chicago, IL, UT GO Exchanged Bonds (Series 2021B), 4.000%, 1/1/2044
|
1,263,834
|
|
314,000
|
|
DuPage County, IL (Naperville Campus LLC), Special Tax Bonds (Series 2006), 5.625%, 3/1/2036
|
314,078
|
|
2,000,000
|
|
Illinois Finance Authority (Admiral at the Lake), Revenue Refunding Bonds (Series 2017), (Original Issue Yield: 5.350%),
5.250%, 5/15/2042
|
1,786,210
|
|
800,000
|
|
Illinois Finance Authority (Dekalb Supportive Living Facility), Multi-Family Housing Revenue Bonds (Series 2007),
6.100%, 12/1/2041
|
649,817
|
|
1,100,000
|
|
Illinois Finance Authority (Lutheran Life Communities), Revenue Bonds (Series 2019A), 5.000%, 11/1/2040
|
1,083,044
|
|
1,250,000
|
|
Illinois Finance Authority (Noble Network of Charter Schools), Education Revenue Bonds (Series 2015), 5.000%, 9/1/2032
|
1,290,751
|
|
1,100,000
|
|
Illinois Finance Authority (Rogers Park Montessori School Project), Senior Revenue Bonds (Series 2014A),
6.125%, 2/1/2045
|
1,126,139
|
|
3,000,000
|
|
Illinois State Toll Highway Authority, Toll Highway Senior Revenue Bonds (Series 2020A), 5.000%, 1/1/2045
|
3,351,058
|
|
8,000,000
|
|
Illinois State, GO Bonds (Series 2017D), 5.000%, 11/1/2028
|
8,687,282
|
|
2,000,000
|
|
Illinois State, UT GO Bonds (Series 2013A), 5.000%, 4/1/2035
|
2,025,118
|
|
1,000,000
|
|
Illinois State, UT GO Bonds (Series 2020C), (Original Issue Yield: 4.340%), 4.000%, 10/1/2041
|
940,159
|
|
1,000,000
|
|
Illinois State, UT GO Bonds (Series 2022B), 5.500%, 3/1/2047
|
1,090,000
|
|
2,025,000
|
|
Illinois State, UT GO Bonds (Series June 2013), (Original Issue Yield: 5.650%), 5.500%, 7/1/2038
|
2,072,077
|
|
1,000,000
|
|
Illinois State, UT GO Bonds (Series of February 2014), (Original Issue Yield: 5.040%), 5.000%, 2/1/2039
|
1,011,711
|
|
3,000,000
|
|
Illinois State, UT GO Refunding Bonds (Series 2018B), 5.000%, 10/1/2030
|
3,226,496
|
|
600,000
|
|
Illinois State, UT GO Refunding Bonds (Series 2021A), 5.000%, 3/1/2046
|
624,870
|
|
410,000
|
|
Illinois State, UT GO Refunding Bonds (Series May 2012), 5.000%, 8/1/2025
|
412,556
|
|
1,000,000
|
|
Metropolitan Pier & Exposition Authority, IL, McCormick Place Expansion Project Bonds (Series 2015A),
(Original Issue Yield: 5.060%), 5.000%, 6/15/2053
|
1,040,279
|
|
2,000,000
|
|
Metropolitan Pier & Exposition Authority, IL, McCormick Place Expansion Project Bonds (Series 2015A),
5.500%, 6/15/2053
|
2,113,370
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Illinois—continued
|
|
|
$2,000,000
|
4
|
Metropolitan Pier & Exposition Authority, IL, McCormick Place Expansion Project Bonds (Series 2017A),
(Original Issue Yield: 5.250%), 12/15/2056
|
$401,096
|
|
1,000,000
|
|
Sales Tax Securitization Corp., IL, Sales Tax Revenue Bonds (Series 2017A), 5.000%, 1/1/2030
|
1,100,835
|
|
|
|
TOTAL
|
52,375,642
|
|
|
|
Indiana—1.0%
|
|
|
915,000
|
|
Indiana State Finance Authority (KIPP Indianapolis), Revenue Bonds (Series 2020A), 5.000%, 7/1/2055
|
931,758
|
|
4,000,000
|
|
Indiana State Finance Authority (Ohio River Bridges East End Crossing), Tax-Exempt Private Activity Bonds (Series 2013),
(United States Treasury PRF 7/1/2023@100), 5.250%, 1/1/2051
|
4,147,599
|
|
|
|
TOTAL
|
5,079,357
|
|
|
|
Iowa—0.9%
|
|
|
916,872
|
|
Iowa Finance Authority (Deerfield Retirement Community, Inc.), Lifespace GTD Senior Living Facility Revenue Refunding
Bonds (Series 2014A), (United States Treasury PRF 11/15/2024@100), 5.400%, 11/15/2046
|
984,124
|
|
1,430,000
|
|
Iowa Finance Authority (Iowa Fertilizer Co. LLC), Midwestern Disaster Area Revenue Refunding Bonds (Series 2022),
5.000%, 12/1/2050
|
1,511,371
|
|
5,000,000
|
4
|
Tobacco Settlement Financing Corp., IA, Tobacco Settlement Asset-Backed Senior Capital Appreciation Bonds
(Series 2021B-2 Class 2), (Original Issue Yield: 4.050%), 6/1/2065
|
690,454
|
|
500,000
|
|
Tobacco Settlement Financing Corp., IA, Tobacco Settlement Asset-Backed Senior Current Interest Bonds
(Series 2021B-1 Class 2), 4.000%, 6/1/2049
|
495,918
|
|
1,060,000
|
|
Xenia Rural Water District, Water Revenue Refunding Capital Loan Notes (Series 2016), 5.000%, 12/1/2041
|
1,127,847
|
|
|
|
TOTAL
|
4,809,714
|
|
|
|
Kentucky—0.6%
|
|
|
375,000
|
|
Henderson, KY (Pratt Paper, LLC), Exempt Facilities Revenue Bonds (Series 2022), 4.700%, 1/1/2052
|
376,423
|
|
1,000,000
|
|
Kentucky Economic Development Finance Authority (Miralea), Revenue Bonds (Series 2016A), 5.000%, 5/15/2046
|
927,577
|
|
2,000,000
|
|
Kentucky Economic Development Finance Authority (Miralea), Revenue Bonds (Series 2016A), 5.000%, 5/15/2051
|
1,828,959
|
|
|
|
TOTAL
|
3,132,959
|
|
|
|
Louisiana—0.9%
|
|
|
1,000,000
|
|
Calcasieu Parish, LA Memorial Hospital Service District (Lake Charles Memorial Hospital), Hospital Revenue Refunding
Bonds (Series 2019), 5.000%, 12/1/2039
|
1,062,349
|
|
30,000
|
|
Louisiana Public Facilities Authority (Ochsner Clinic Foundation), Refunding Revenue Bonds (Series 2016),
(United States Treasury PRF 5/15/2026@100), 5.000%, 5/15/2047
|
33,029
|
|
970,000
|
|
Louisiana Public Facilities Authority (Ochsner Clinic Foundation), Refunding Revenue Bonds (Series 2016),
5.000%, 5/15/2047
|
1,008,567
|
|
1,000,000
|
|
St. James Parish, LA (NuStar Logistics LP), Revenue Bonds (Series 2008) TOBs, 6.100%, Mandatory Tender 6/1/2030
|
1,141,787
|
|
1,500,000
|
|
Tobacco Settlement Financing Corp., LA, Tobacco Settlement Asset-Backed Refunding Bonds (Series 2013A),
5.250%, 5/15/2035
|
1,549,378
|
|
|
|
TOTAL
|
4,795,110
|
|
|
|
Maine—0.6%
|
|
|
1,000,000
|
|
Maine Health & Higher Educational Facilities Authority (Eastern Maine Healthcare Systems Obligated Group),
Revenue Bonds (Series 2016A), 5.000%, 7/1/2046
|
1,039,536
|
|
2,000,000
|
3
|
Maine State Finance Authority Solid Waste Disposal (Casella Waste Systems, Inc.), Revenue Bonds (Series 2005R-3),
5.250%, 1/1/2025
|
2,058,672
|
|
|
|
TOTAL
|
3,098,208
|
|
|
|
Maryland—1.9%
|
|
|
955,000
|
|
Baltimore, MD (East Baltimore Research Park), Special Obligation Revenue Refunding Bonds (Series 2017A),
5.000%, 9/1/2038
|
983,780
|
|
500,000
|
|
Baltimore, MD (Harbor Point), Special Obligation Refunding Bonds (Series 2016), (Original Issue Yield: 5.160%),
5.125%, 6/1/2043
|
508,208
|
|
1,865,000
|
|
Frederick County, MD (Jefferson Technology Park), Tax Increment & Special Tax Limited Obligation Refunding Bonds
(Series 2020B), 4.625%, 7/1/2043
|
1,900,509
|
|
1,060,000
|
|
Maryland State Economic Development Corp. (CONSOL Energy, Inc.), Port Facilities Refunding Revenue Bonds
(Series 2010), 5.750%, 9/1/2025
|
1,063,077
|
|
1,000,000
|
|
Maryland State Economic Development Corp. (Port Covington District), Special Obligation Bonds (Series 2020),
4.000%, 9/1/2050
|
858,960
|
|
200,000
|
|
Maryland State Economic Development Corp. (Ports America Chesapeake, Inc.), Transportation Facilities Revenue
Refunding Bonds (Series 2017A), 5.000%, 6/1/2032
|
216,454
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Maryland—continued
|
|
|
$450,000
|
|
Maryland State Economic Development Corp. (Ports America Chesapeake, Inc.), Transportation Facilities Revenue
Refunding Bonds (Series 2017A), 5.000%, 6/1/2035
|
$484,676
|
|
1,000,000
|
3
|
Prince Georges County, MD (Westphalia Town Center), Special Obligation Revenue Bonds (Series 2018),
(Original Issue Yield: 5.330%), 5.250%, 7/1/2048
|
1,016,226
|
|
1,000,000
|
|
Prince Georges County, MD Revenue Authority (Suitland-Naylor Road Project), Special Obligation Bonds (Series 2016),
5.000%, 7/1/2046
|
1,028,313
|
|
1,000,000
|
|
Rockville, MD Mayor & City Council Economic Development Revenue (Ingleside at King Farm), (Series 2017B),
5.000%, 11/1/2047
|
990,017
|
|
1,000,000
|
|
Westminster, MD (Lutheran Village at Miller's Grant, Inc.), Revenue Bonds (Series 2014A), (Original Issue Yield: 6.300%),
6.250%, 7/1/2044
|
1,036,354
|
|
|
|
TOTAL
|
10,086,574
|
|
|
|
Massachusetts—1.0%
|
|
|
1,000,000
|
|
Commonwealth of Massachusetts, GO Consolidated Loan Bonds (Series 2020E), 5.000%, 11/1/2050
|
1,141,228
|
|
2,000,000
|
|
Massachusetts Development Finance Agency (Mass General Brigham), Revenue Refunding Bonds (Series 2016Q),
5.000%, 7/1/2047
|
2,089,546
|
|
1,000,000
|
3
|
Massachusetts Development Finance Agency (Newbridge on the Charles), Revenue Refunding Bonds (Series 2017),
5.000%, 10/1/2057
|
1,055,484
|
|
1,000,000
|
|
Massachusetts Port Authority, Revenue Bonds (Series 2021-E), 5.000%, 7/1/2051
|
1,095,109
|
|
|
|
TOTAL
|
5,381,367
|
|
|
|
Michigan—1.9%
|
|
|
1,000,000
|
|
Detroit, MI, UT GO Bonds (Series 2020), 5.500%, 4/1/2050
|
1,092,111
|
|
1,000,000
|
|
Michigan State Finance Authority Revenue (Great Lakes, MI Water Authority Sewage Disposal System), Senior Lien
Revenue Bonds (Series 2014 C-7), (National Public Finance Guarantee Corporation INS), 5.000%, 7/1/2032
|
1,050,625
|
|
1,000,000
|
|
Michigan State Finance Authority Revenue (Great Lakes, MI Water Authority Water Supply System), Senior Lien Revenue
Bonds (Series 2014 D-6), (National Public Finance Guarantee Corporation INS), 5.000%, 7/1/2036
|
1,047,096
|
|
2,000,000
|
|
Michigan State Finance Authority Revenue (Public Lighting Authority), Local Government Loan Program Revenue Bonds
(Series 2014B), 5.000%, 7/1/2044
|
2,036,002
|
|
2,930,000
|
|
Michigan Tobacco Settlement Finance Authority, Tobacco Settlement Asset-Backed Senior Current Interest Bonds
(Series 2020A Class 1), 4.000%, 6/1/2049
|
2,840,505
|
|
1,500,000
|
|
Plymouth, MI Educational Center Charter School, Public School Academy Revenue Refunding Bonds, Series 2005,
5.625%, 11/1/2035
|
915,000
|
|
1,000,000
|
|
University of Michigan (The Regents of), General Revenue Bonds (Series 2015), (United States Treasury PRF
4/1/2026@100), 5.000%, 4/1/2040
|
1,107,816
|
|
|
|
TOTAL
|
10,089,155
|
|
|
|
Minnesota—2.7%
|
|
|
750,000
|
|
Baytown Township, MN (St. Croix Preparatory Academy), Charter School Lease Revenue Refunding Bonds (Series 2016A),
4.000%, 8/1/2041
|
673,885
|
|
1,100,000
|
|
Baytown Township, MN (St. Croix Preparatory Academy), Charter School Lease Revenue Refunding Bonds (Series 2016A),
4.250%, 8/1/2046
|
992,494
|
|
45,000
|
|
Duluth, MN EDA (St. Luke's Hospital of Duluth Obligated Group), Health Care Facilities Revenue Bonds (Series 2012),
(United States Treasury PRF 6/15/2022@100), 6.000%, 6/15/2039
|
45,076
|
|
1,955,000
|
|
Duluth, MN EDA (St. Luke's Hospital of Duluth Obligated Group), Health Care Facilities Revenue Bonds (Series 2012),
6.000%, 6/15/2039
|
1,958,311
|
|
1,700,000
|
|
Forest Lake, MN (Lakes International Language Academy), Charter School Lease Revenue Bonds (Series 2014A),
5.750%, 8/1/2044
|
1,737,947
|
|
1,000,000
|
|
Forest Lake, MN (Lakes International Language Academy), Charter School Lease Revenue Bonds (Series 2018A),
5.375%, 8/1/2050
|
1,038,124
|
|
3,000,000
|
3
|
Minneapolis, MN Charter School Lease Revenue (Twin Cities International School), (Series 2017A),
(Original Issue Yield: 5.150%), 5.000%, 12/1/2047
|
3,030,129
|
|
2,000,000
|
|
St. Cloud, MN Charter School (Stride Academy), Lease Revenue Bonds (Series 2016A), 5.000%, 4/1/2046
|
1,524,176
|
|
2,000,000
|
|
St. Paul and Ramsey County, MN Housing and Redevelopment Authority (Twin Cities Academy), Charter School Lease
Revenue Bonds (Series 2015A), 5.375%, 7/1/2050
|
2,046,273
|
|
325,000
|
|
Winona, MN Port Authority (Bluffview Montessori School Project), Lease Revenue Bonds (Series 2016A), 4.500%, 6/1/2036
|
294,741
|
|
750,000
|
|
Winona, MN Port Authority (Bluffview Montessori School Project), Lease Revenue Bonds (Series 2016A), 4.750%, 6/1/2046
|
662,802
|
|
|
|
TOTAL
|
14,003,958
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Missouri—0.6%
|
|
|
$400,000
|
|
Cape Girardeau County, MO IDA (SoutheastHEALTH Obligated Group), Health Facilities Revenue Bonds (Series 2021),
4.000%, 3/1/2046
|
$377,071
|
|
2,000,000
|
3
|
Kansas City, MO Redevelopment Authority (Kansas City Convention Center Headquarters Hotel CID), Revenue Bonds
(Series 2018B), (Original Issue Yield: 5.079%), 5.000%, 2/1/2050
|
1,670,204
|
|
1,000,000
|
|
Kirkwood, MO IDA (Aberdeen Heights Project), Retirement Community Revenue Bonds (Series 2017A), 5.250%, 5/15/2050
|
970,041
|
|
|
|
TOTAL
|
3,017,316
|
|
|
|
Montana—0.5%
|
|
|
900,000
|
|
Kalispell, MT Housing and Healthcare Facilities (Immanuel Lutheran Corp.), Revenue Bonds (Series 2017A),
5.250%, 5/15/2047
|
903,475
|
|
1,425,000
|
|
Kalispell, MT Housing and Healthcare Facilities (Immanuel Lutheran Corp.), Revenue Bonds (Series 2017A),
5.250%, 5/15/2052
|
1,422,822
|
|
|
|
TOTAL
|
2,326,297
|
|
|
|
Nebraska—0.6%
|
|
|
2,500,000
|
|
Central Plains Energy Project, NE, Gas Project Revenue Bonds (Project No. 3) (Series 2017A), (Goldman Sachs Group, Inc.
GTD), 5.000%, 9/1/2042
|
2,841,342
|
|
|
|
Nevada—1.4%
|
|
|
905,000
|
3
|
Director of the State of Nevada Department of Business and Industry (Doral Academy of Nevada CS), Charter School
Revenue Bonds (Series 2017A), 5.000%, 7/15/2047
|
910,919
|
|
1,000,000
|
3
|
Director of the State of Nevada Department of Business and Industry (Somerset Academy of Las Vegas), Charter School
Lease Revenue Bonds (Series 2018A), 5.000%, 12/15/2048
|
1,022,390
|
|
940,000
|
|
Las Vegas, NV (Summerlin Village 24 SID No. 812), Local Improvement Bonds (Series 2015), 5.000%, 12/1/2035
|
965,948
|
|
500,000
|
|
Las Vegas, NV (Summerlin Village 25 SID No. 815), Local Improvement Bonds (Series 2020), 5.000%, 12/1/2049
|
511,816
|
|
1,500,000
|
|
Las Vegas, NV Redevelopment Agency, Tax Increment Revenue Refunding Bonds (Series 2016), 5.000%, 6/15/2045
|
1,572,193
|
|
775,000
|
|
Las Vegas, NV Special Improvement District #611 (Sunstone Phase I and II), Local Improvement Bonds (Series 2020),
(Original Issue Yield: 4.170%), 4.125%, 6/1/2050
|
708,074
|
|
1,240,000
|
|
Las Vegas, NV Special Improvement District No. 814 (Summerlin Villages 21 & 24A), Local Improvement Bonds
(Series 2019), 4.000%, 6/1/2049
|
1,138,507
|
|
665,000
|
|
North Las Vegas, NV Special Improvement District No. 64 (Valley Vista), Local Improvement Bonds (Series 2019),
4.625%, 6/1/2049
|
668,581
|
|
|
|
TOTAL
|
7,498,428
|
|
|
|
New Hampshire—0.1%
|
|
|
100,000
|
|
National Finance Authority, NH (Covanta Energy Corp.), Resource Recovery Revenue Refunding Bonds (Series 2020B)
TOBs, 3.750%, Mandatory Tender 7/2/2040
|
88,175
|
|
1,500,000
|
1,2,3
|
New Hampshire Health and Education Facilities Authority (Hillside Village), Revenue Bonds (Series 20017A),
(Original Issue Yield: 6.375%), 6.125%, 7/1/2052
|
600,000
|
|
|
|
TOTAL
|
688,175
|
|
|
|
New Jersey—3.6%
|
|
|
1,500,000
|
|
New Jersey EDA (New Jersey State), School Construction Bonds (Series 2021QQQ), 4.000%, 6/15/2046
|
1,483,804
|
|
180,000
|
|
New Jersey EDA (New Jersey State), School Facilities Construction Bonds (Series 2015 WW), (United States Treasury PRF
6/15/2025@100), 5.250%, 6/15/2040
|
196,811
|
|
3,075,000
|
|
New Jersey EDA (New Jersey State), School Facilities Construction Bonds (Series 2015 WW), 5.250%, 6/15/2040
|
3,214,033
|
|
500,000
|
|
New Jersey EDA (New Jersey State), School Facilities Construction Refunding Bonds (Series 2018EEE), 5.000%, 6/15/2043
|
536,164
|
|
1,280,000
|
|
New Jersey EDA (New Jersey State), Subordinate Revenue Refunding Bonds (Series 2017A), 5.000%, 7/1/2033
|
1,368,010
|
|
1,335,000
|
|
New Jersey EDA (Port Newark Container Terminal LLC), Special Facilities Revenue and Refunding Bonds (Series 2017),
5.000%, 10/1/2047
|
1,397,793
|
|
1,000,000
|
|
New Jersey EDA (UMM Energy Partners LLC), Energy Facility Revenue Bonds (Series 2012A),
(Original Issue Yield: 5.190%), 5.125%, 6/15/2043
|
1,001,195
|
|
2,500,000
|
|
New Jersey EDA (United Airlines, Inc.), Special Facility Revenue Bonds (Series 1999), 5.250%, 9/15/2029
|
2,516,305
|
|
1,000,000
|
|
New Jersey State Transportation Trust Fund Authority (New Jersey State), Transportation System Bonds (Series 2018A),
5.000%, 12/15/2034
|
1,084,062
|
|
750,000
|
|
New Jersey State, Covid-19 GO Emergency Bonds (Series 2020A), 4.000%, 6/1/2032
|
807,061
|
|
500,000
|
|
South Jersey Port Corp., Subordinate Marine Terminal Revenue Bonds (Series 2017B), 5.000%, 1/1/2048
|
517,179
|
|
4,610,000
|
|
Tobacco Settlement Financing Corp., NJ, Tobacco Settlement Asset-Backed Subordinate Refunding Bonds (Series 2018B),
5.000%, 6/1/2046
|
4,739,731
|
|
|
|
TOTAL
|
18,862,148
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
New Mexico—0.2%
|
|
|
$1,000,000
|
|
New Mexico State Hospital Equipment Loan Council (Gerald Champion Regional Medical Center), Hospital Improvement
and Refunding Revenue Bonds (Series 2012A), (Original Issue Yield: 5.700%), 5.500%, 7/1/2042
|
$1,002,584
|
|
|
|
New York—4.5%
|
|
|
1,000,000
|
3
|
Build NYC Resource Corporation (Albert Einstein School of Medicine, Inc.), Revenue Bonds (Series 2015),
5.500%, 9/1/2045
|
1,043,020
|
|
5,000,000
|
4
|
Glen Cove, NY Local Economic Assistance Corp. (Garvies Point Public Improvement Project), Capital Appreciation
Revenue Bonds (Series 2016B), (Original Issue Yield: 6.000%), 1/1/2045
|
1,442,964
|
|
1,250,000
|
|
Hudson Yards Infrastructure Corp. NY, Hudson Yards Revenue Bonds (Series 2022A), 4.000%, 2/15/2044
|
1,281,621
|
|
1,000,000
|
3
|
Monroe County, NY IDC (True North Rochester Preparatory Charter School), Charter School Revenue Bonds
(Series 2020A), 5.000%, 6/1/2059
|
1,023,557
|
|
1,365,028
|
|
Nassau County, NY IDA (Amsterdam at Harborside), Continuing Care Retirement Community Revenue Bonds
(Series 2021B), 5.000%, 1/1/2058
|
990,430
|
|
500,000
|
|
New York City, NY Transitional Finance Authority, Future Tax Secured Subordinate Bonds (Series 2020C-1),
4.000%, 5/1/2045
|
516,054
|
|
1,000,000
|
|
New York Counties Tobacco Trust VI, Tobacco Settlement Pass-Through Bonds (Series 201A-2B), 5.000%, 6/1/2051
|
1,013,032
|
|
1,000,000
|
3
|
New York Liberty Development Corporation (3 World Trade Center), Revenue Bonds (Series 2014 Class 2),
5.375%, 11/15/2040
|
1,017,061
|
|
1,500,000
|
|
New York State Dormitory Authority (New York State Personal Income Tax Revenue Bond Fund), Revenue Refunding Bonds
(Series 2022A), 4.000%, 3/15/2049
|
1,539,297
|
|
1,000,000
|
|
New York State Power Authority, Revenue Bonds (Series 2020A), 4.000%, 11/15/2060
|
1,005,624
|
|
665,000
|
|
New York Transportation Development Corporation (American Airlines, Inc.), Special Facility Revenue Refunding Bonds
(Series 2021), 3.000%, 8/1/2031
|
620,699
|
|
2,445,000
|
|
New York Transportation Development Corporation (American Airlines, Inc.), Special Facility Revenue Refunding Bonds
(Series 2016), 5.000%, 8/1/2026
|
2,445,133
|
|
455,000
|
|
New York Transportation Development Corporation (American Airlines, Inc.), Special Facility Revenue Refunding Bonds
(Series 2016), 5.000%, 8/1/2031
|
455,025
|
|
1,000,000
|
|
New York Transportation Development Corporation (Delta Air Lines, Inc.), LaGuardia Airport Terminals Special Facilities
Revenue Bonds (Series 2018), 5.000%, 1/1/2033
|
1,036,927
|
|
1,500,000
|
|
New York Transportation Development Corporation (Delta Air Lines, Inc.), LaGuardia Airport Terminals Special Facilities
Revenue Bonds (Series 2020), (Original Issue Yield: 4.550%), 4.375%, 10/1/2045
|
1,441,560
|
|
1,000,000
|
|
New York Transportation Development Corporation (Empire State Thruway Partners LLC), Exempt Facility Revenue Bonds
(Series 2021), 4.000%, 4/30/2053
|
922,142
|
|
865,000
|
|
New York Transportation Development Corporation (JFK International Air Terminal LLC), Special Facilities Revenue Bonds
(Series 2020A), 4.000%, 12/1/2042
|
831,189
|
|
1,800,000
|
|
New York Transportation Development Corporation (JFK International Air Terminal LLC), Special Facilities Revenue Bonds
(Series 2020C), 4.000%, 12/1/2042
|
1,770,653
|
|
1,000,000
|
|
New York Transportation Development Corporation (JFK International Air Terminal LLC), Special Facilities Revenue Bonds
(Series 2022), 5.000%, 12/1/2041
|
1,071,632
|
|
1,000,000
|
|
Niagara Area Development Corporation, NY (Covanta Energy Corp.), Solid Waste Disposal Facility Revenue Refunding
Bonds (Series 2018A), 4.750%, 11/1/2042
|
994,787
|
|
1,000,000
|
|
TSASC, Inc. NY, Tobacco Settlement Asset-Backed Senior Refunding Bonds (Series 2017A), 5.000%, 6/1/2041
|
1,055,944
|
|
|
|
TOTAL
|
23,518,351
|
|
|
|
Ohio—4.8%
|
|
|
1,000,000
|
|
American Municipal Power-Ohio, Inc. (American Municipal Power, Prairie State Energy Campus Project), Refunding
Revenue Bonds (Series 2015A), 5.000%, 2/15/2039
|
1,032,033
|
|
10,900,000
|
|
Buckeye Tobacco Settlement Financing Authority, OH, Tobacco Settlement Asset-Backed Refunding Bonds
(Series 2020B-2 Class 2), 5.000%, 6/1/2055
|
11,064,981
|
|
1,000,000
|
|
Cuyahoga County, OH Hospital Authority (MetroHealth System), Hospital Revenue Bonds (Series 2017),
5.500%, 2/15/2057
|
1,091,559
|
|
2,000,000
|
|
Muskingum County, OH (Genesis Healthcare Corp.), Hospital Facilities Revenue Bonds (Series 2013),
(Original Issue Yield: 5.080%), 5.000%, 2/15/2044
|
2,005,238
|
|
1,800,000
|
3
|
Ohio Air Quality Development Authority (AMG Vanadium LLC), Exempt Facilities Revenue Bonds (Series 2019),
5.000%, 7/1/2049
|
1,826,698
|
|
1,000,000
|
|
Ohio Air Quality Development Authority (Pratt Paper, LLC), Exempt Facilities Revenue Bonds (Series 2017),
4.500%, 1/15/2048
|
1,001,924
|
|
1,125,000
|
|
Ohio State Hospital Revenue (University Hospitals Health System, Inc.), Hospital Revenue Bonds (Series 2016A),
5.000%, 1/15/2041
|
1,172,090
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Ohio—continued
|
|
|
$1,000,000
|
|
Ohio State Hospital Revenue (University Hospitals Health System, Inc.), Revenue Bonds (Series 2020A), 4.000%, 1/15/2050
|
$1,003,140
|
|
1,000,000
|
|
Ohio State Treasurer (Portsmouth Gateway Group LLC), Private Activity Revenue Bonds (Series 2015), 5.000%, 6/30/2053
|
1,038,780
|
|
3,225,000
|
|
Ohio State, Infrastructure Improvement GO Bonds (Series 2021A), 5.000%, 3/1/2040
|
3,802,151
|
|
|
|
TOTAL
|
25,038,594
|
|
|
|
Oklahoma—0.9%
|
|
|
3,000,000
|
|
Oklahoma Development Finance Authority (OU Medicine), Hospital Revenue Bonds (Series 2018B), 5.500%, 8/15/2057
|
3,060,198
|
|
1,750,000
|
|
Tulsa County, OK Industrial Authority (Montereau, Inc.), Senior LivingCommunity Revenue Refunding Bonds (Series 2017),
5.250%, 11/15/2045
|
1,827,413
|
|
|
|
TOTAL
|
4,887,611
|
|
|
|
Oregon—0.4%
|
|
|
440,000
|
|
Clackamas County, OR Hospital Facilities Authority (Mary's Woods at Marylhurst, Inc.), Senior Living Revenue Bonds
(Series 2018A), 5.000%, 5/15/2038
|
426,815
|
|
635,000
|
|
Clackamas County, OR Hospital Facilities Authority (Mary's Woods at Marylhurst, Inc.), Senior Living Revenue Bonds
(Series 2018A), 5.000%, 5/15/2043
|
604,877
|
|
400,000
|
|
Clackamas County, OR Hospital Facilities Authority (Mary's Woods at Marylhurst, Inc.), Senior Living Revenue Bonds
(Series 2018A), 5.000%, 5/15/2048
|
375,142
|
|
500,000
|
|
Clackamas County, OR Hospital Facilities Authority (Mary's Woods at Marylhurst, Inc.), Senior Living Revenue Bonds
(Series 2018A), 5.000%, 5/15/2052
|
464,171
|
|
|
|
TOTAL
|
1,871,005
|
|
|
|
Pennsylvania—3.6%
|
|
|
2,000,000
|
|
Bucks County, PA IDA (School Lane Charter School), (Series 2016A), 5.125%, 3/15/2046
|
2,078,384
|
|
500,000
|
|
Butler County, PA Hospital Authority (Butler Health System), Hospital Revenue Bonds (Series 2015A), 5.000%, 7/1/2035
|
519,884
|
|
1,200,000
|
|
Chester County, PA IDA (Avon Grove Charter School), Revenue Bonds (Series 2017A), 5.000%, 12/15/2047
|
1,230,027
|
|
800,000
|
|
Chester County, PA IDA (Avon Grove Charter School), Revenue Bonds (Series 2017A), 5.000%, 12/15/2051
|
818,063
|
|
1,000,000
|
|
Clairton Municipal Authority, PA, Sewer Revenue Bonds (Series 2012B), (Original Issue Yield: 5.050%), 5.000%, 12/1/2042
|
1,008,914
|
|
1,000,000
|
|
Geisinger Authority, PA Health System (Geisinger Health System), Health System Revenue Bonds (Series 2020A),
4.000%, 4/1/2050
|
1,002,539
|
|
3,000,000
|
|
Geisinger Authority, PA Health System (Geisinger Health System), Health System Revenue Bonds (Series 2020A),
5.000%, 4/1/2050
|
3,254,113
|
|
3,000,000
|
|
Lehigh County, PA General Purpose Authority (Lehigh Valley Academy Regional Charter School), Charter School Revenue
Bonds (Series 2022), 4.000%, 6/1/2057
|
2,689,908
|
|
2,000,000
|
|
Pennsylvania Economic Development Financing Authority (National Gypsum Co.), Exempt Facilities Refunding Revenue
Bonds (Series 2014), 5.500%, 11/1/2044
|
2,029,186
|
|
1,250,000
|
|
Pennsylvania Economic Development Financing Authority (Pennsylvania Rapid Bridge Replacement), Tax-Exempt Private
Activity Revenue Bonds (Series 2015), 5.000%, 12/31/2038
|
1,295,951
|
|
1,205,000
|
|
Philadelphia, PA Authority for Industrial Development (New Foundations Charter School), Revenue Bonds (Series 2012),
(United States Treasury PRF 12/15/2022@100), 6.625%, 12/15/2041
|
1,238,285
|
|
740,000
|
|
Philadelphia, PA Authority for Industrial Development (PresbyHomes Germantown/Morrisville), Senior Living Revenue
Bonds (Series 2005A), 5.625%, 7/1/2035
|
755,642
|
|
1,000,000
|
|
Philadelphia, PA Water & Wastewater System, Water and Wastewater Revenue Bonds (Series 2017A), 5.000%, 10/1/2052
|
1,094,363
|
|
|
|
TOTAL
|
19,015,259
|
|
|
|
Puerto Rico—5.1%
|
|
|
4,000,000
|
1,2
|
Puerto Rico Electric Power Authority, Power Revenue Bonds (Series 2010 XX-RSA-1), 5.250%, 7/1/2040
|
3,730,000
|
|
995,000
|
1,2
|
Puerto Rico Electric Power Authority, Power Revenue Bonds (Series 2012A-RSA-1), 5.050%, 7/1/2042
|
922,863
|
|
310,000
|
1,2
|
Puerto Rico Electric Power Authority, Power Revenue Bonds (Series 2013A-RSA-1), 7.000%, 7/1/2033
|
299,925
|
|
195,000
|
1,2
|
Puerto Rico Electric Power Authority, Power Revenue Bonds (Series 2013A-RSA-1), 7.000%, 7/1/2040
|
188,662
|
|
2,500,000
|
1,2
|
Puerto Rico Electric Power Authority, Power Revenue Bonds (Series 2013A-RSA-1), 7.000%, 7/1/2043
|
2,418,749
|
|
5,000,000
|
4
|
Puerto Rico Sales Tax Financing Corp., Restructured Capital Appreciation Sales Tax Bonds (Series 2019A-1),
(Original Issue Yield: 5.375%), 7/1/2046
|
1,515,108
|
|
7,340,000
|
|
Puerto Rico Sales Tax Financing Corp., Restructured Sales Tax Bonds (Series 2019A), (Original Issue Yield: 5.154%),
5.000%, 7/1/2058
|
7,462,692
|
|
4,000,000
|
|
Puerto Rico Sales Tax Financing Corp., Restructured Sales Tax Bonds (Series 2019A-1), 4.750%, 7/1/2053
|
4,014,407
|
|
6,000,000
|
|
Puerto Rico Sales Tax Financing Corp., Restructured Sales Tax Bonds (Series 2019A-2), 4.784%, 7/1/2058
|
6,032,312
|
|
|
|
TOTAL
|
26,584,718
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Rhode Island—0.6%
|
|
|
$500,000
|
|
Rhode Island State Health and Educational Building Corp. (Lifespan Obligated Group), Hospital Financing Revenue
Refunding Bonds (Series 2016), 5.000%, 5/15/2039
|
$523,537
|
|
2,730,000
|
|
Tobacco Settlement Financing Corp., RI, Tobacco Settlement Asset-Backed Bonds (Series 2015B), 5.000%, 6/1/2050
|
2,814,170
|
|
|
|
TOTAL
|
3,337,707
|
|
|
|
South Carolina—0.7%
|
|
|
1,000,000
|
|
Berkeley County, SC (Nexton Improvement District), Assessment Revenue Bonds (Series 2019),
(Original Issue Yield: 4.280%), 4.250%, 11/1/2040
|
1,006,572
|
|
1,020,000
|
3
|
South Carolina Jobs-EDA (Green Charter Schools), Educational Facilities Revenue Refunding Bonds (Series 2021A),
4.000%, 6/1/2056
|
804,047
|
|
1,000,000
|
|
South Carolina Jobs-EDA (South Carolina Episcopal Home at Still Hopes), Residential Care Facilities Revenue Bonds
(Series 2017), 5.000%, 4/1/2047
|
981,793
|
|
1,000,000
|
|
South Carolina Jobs-EDA (South Carolina Episcopal Home at Still Hopes), Residential Care Facilities Revenue Bonds
(Series 2017), 5.000%, 4/1/2052
|
972,737
|
|
|
|
TOTAL
|
3,765,149
|
|
|
|
South Dakota—0.4%
|
|
|
1,000,000
|
|
Sioux Falls, SD Health Facilities Revenue (Dow Rummel Village), (Series 2017), (Original Issue Yield: 5.050%),
5.000%, 11/1/2042
|
982,383
|
|
1,000,000
|
|
Sioux Falls, SD Health Facilities Revenue (Dow Rummel Village), (Series 2017), (Original Issue Yield: 5.200%),
5.125%, 11/1/2047
|
978,404
|
|
|
|
TOTAL
|
1,960,787
|
|
|
|
Tennessee—0.2%
|
|
|
1,200,000
|
|
Blount County, TN Health and Educational Facilities Board (Asbury, Inc.), Revenue Refunding and Improvement Bonds
(Series 2016A), 5.000%, 1/1/2047
|
800,283
|
|
|
|
Texas—7.7%
|
|
|
1,100,000
|
|
Arlington, TX Higher Education Finance Corp. (Uplift Education), Revenue Bonds (Series 2016A), 5.000%, 12/1/2046
|
1,141,163
|
|
500,000
|
|
Austin, TX Airport System, Airport System Revenue Bonds (Series 2014), 5.000%, 11/15/2044
|
520,617
|
|
250,000
|
|
Austin, TX Convention Center Enterprises, Inc., Convention Center Hotel First Tier Revenue Refunding Bonds
(Series 2017A), 5.000%, 1/1/2034
|
260,588
|
|
250,000
|
|
Austin, TX Convention Center Enterprises, Inc., Convention Center Hotel Second Tier Revenue Refunding Bonds
(Series 2017B), 5.000%, 1/1/2034
|
251,323
|
|
1,000,000
|
|
Board of Managers, Joint Guadalupe County-City of Seguin, TX, Hospital Mortgage Revenue Refunding & Improvement
Bonds (Series 2015), (Original Issue Yield: 5.080%), 5.000%, 12/1/2045
|
1,016,181
|
|
2,000,000
|
|
Clifton Higher Education Finance Corporation, TX (Idea Public Schools), 6.000%, 8/15/2043
|
2,063,745
|
|
500,000
|
|
Clifton Higher Education Finance Corporation, TX (Idea Public Schools), Education Revenue Bonds (Series 2012),
5.000%, 8/15/2042
|
501,490
|
|
1,000,000
|
|
Clifton Higher Education Finance Corporation, TX (Idea Public Schools), Education Revenue Bonds (Series 2022A),
(Texas Permanent School Fund Guarantee Program GTD), 4.000%, 8/15/2047
|
1,043,931
|
|
1,000,000
|
|
Clifton Higher Education Finance Corporation, TX (Idea Public Schools), Revenue Bonds (Series 2014), (Texas Permanent
School Fund Guarantee Program GTD), 5.000%, 8/15/2039
|
1,053,196
|
|
2,000,000
|
|
Clifton Higher Education Finance Corporation, TX (Uplift Education), Revenue Bonds (Series 2015A), 5.000%, 12/1/2050
|
2,050,206
|
|
1,527,000
|
|
Decatur, TX Hospital Authority (Wise Regional Health System), Hospital Revenue Bonds (Series 2021C), 4.000%, 9/1/2044
|
1,509,843
|
|
515,000
|
|
Decatur, TX Hospital Authority (Wise Regional Health System), Revenue Bonds, (United States Treasury PRF
9/1/2023@100), 6.375%, 9/1/2042
|
543,843
|
|
1,110,000
|
|
Grand Parkway Transportation Corp., TX, Subordinate Tier Toll Revenue Bonds (Series 2013B TELA Supported),
(United States Treasury PRF 10/1/2023@100), 5.250%, 10/1/2051
|
1,161,327
|
|
1,500,000
|
|
Houston, TX Airport System (United Airlines, Inc.), Airport System Special Facilities Revenue Bonds (Series 2021 B-1),
4.000%, 7/15/2041
|
1,335,325
|
|
1,500,000
|
|
Houston, TX Airport System (United Airlines, Inc.), Special Facilities Revenue & Refunding Bonds (Series 2011),
(Original Issue Yield: 6.875%), 6.625%, 7/15/2038
|
1,502,351
|
|
1,000,000
|
|
Houston, TX Airport System (United Airlines, Inc.), Special Facilities Revenue Refunding Bonds (Series 2014),
(Original Issue Yield: 5.150%), 5.000%, 7/1/2029
|
1,010,440
|
|
1,500,000
|
|
Irving, TX Hospital Authority (Baylor Scott & White Medical Center, Irving), Hospital Revenue Bonds (Series 2017A),
5.000%, 10/15/2044
|
1,565,230
|
|
2,000,000
|
|
Lavernia, TX Higher Education Finance Corporation (Meridian World School), Education Revenue Bonds (Series 2015A),
(United States Treasury PRF 8/15/2024@100), 5.500%, 8/15/2045
|
2,131,884
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Texas—continued
|
|
|
$1,500,000
|
3
|
Mission, TX Economic Development Corporation (Natgasoline), Senior Lien Revenue Bonds (Series 2018),
(Original Issue Yield: 4.716%), 4.625%, 10/1/2031
|
$1,554,980
|
|
1,500,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Buckingham Senior Living Community), Retirement Facilities
Revenue Exchange Bonds (Series 2021B), 2.000%, 11/15/2061
|
840,097
|
|
2,000,000
|
3
|
New Hope Cultural Education Facilities Finance Corporation (Jubilee Academic Center), Education Revenue Refunding
Bonds (Series 2021), 4.000%, 8/15/2056
|
1,695,234
|
|
2,000,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Longhorn Village), Retirement Facilities Revenue Bonds
(Series 2017), 5.000%, 1/1/2042
|
2,027,681
|
|
700,000
|
|
New Hope Cultural Education Facilities Finance Corporation (MRC Crestview), Retirement Facility Revenue Bonds
(Series 2016), (United States Treasury PRF 11/15/2024@102), 5.000%, 11/15/2046
|
760,962
|
|
1,000,000
|
|
New Hope Cultural Education Facilities Finance Corporation (MRC Langford), Retirement Facilities Revenue Bonds
(Series 2016A), (Original Issue Yield: 5.530%), 5.500%, 11/15/2052
|
939,686
|
|
600,000
|
|
North Texas Tollway Authority, First Tier Revenue Refunding Bonds (Series 2016A), 5.000%, 1/1/2039
|
641,318
|
|
335,000
|
|
North Texas Tollway Authority, Second Tier Revenue Refunding Bonds (Series 2021B), 4.000%, 1/1/2041
|
341,552
|
|
2,000,000
|
|
Red River, TX HFDC (MRC The Crossings), Retirement Facility Revenue Bonds (Series 2014A), (United States Treasury PRF
11/15/2024@100), 8.000%, 11/15/2049
|
2,276,256
|
|
2,655,000
|
|
Tarrant County, TX Cultural Education Facilities Finance Corp. (Buckner Senior Living-Ventana Project), Retirement Facility
Revenue Bonds (Series 2017A), (Original Issue Yield: 6.770%), 6.750%, 11/15/2052
|
2,812,399
|
|
1,500,000
|
|
Tarrant County, TX Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks Project), Retirement Facilities
Revenue Bonds (Series 2020A), 6.875%, 11/15/2055
|
1,603,398
|
|
2,000,000
|
|
Texas Private Activity Bonds Surface Transportation Corporation (Blueridge Transportation Group, LLC SH 288 Toll Lanes),
Senior Lien Revenue Bonds (Series 2016), 5.000%, 12/31/2050
|
2,050,514
|
|
545,000
|
|
Texas State Transportation Commission (State Highway 249 System), First Tier Toll Revenue Bonds (Series 2019A),
5.000%, 8/1/2057
|
570,188
|
|
1,500,000
|
|
Texas Water Development Board, State Revolving Fund Revenue Bonds (Series 2018), 4.000%, 8/1/2036
|
1,571,827
|
|
|
|
TOTAL
|
40,348,775
|
|
|
|
Utah—0.6%
|
|
|
1,000,000
|
|
Salt Lake City, UT Airport Revenue, Airport Revenue Bonds (Series 2018A), 5.000%, 7/1/2048
|
1,060,908
|
|
2,000,000
|
3
|
Utah State Charter School Finance Authority (Freedom Academy Foundation), Charter School Revenue Refunding Bonds
(Series 2017), (Original Issue Yield: 5.300%), 5.250%, 6/15/2037
|
2,065,067
|
|
|
|
TOTAL
|
3,125,975
|
|
|
|
Vermont—0.2%
|
|
|
1,000,000
|
3
|
Vermont EDA (Casella Waste Systems, Inc.), Solid Waste Disposal Revenue Bonds (Series 2013) TOBs, 4.625%,
Mandatory Tender 4/3/2028
|
1,004,258
|
|
|
|
Virginia—1.8%
|
|
|
1,800,000
|
|
Chesapeake Bay Bridge & Tunnel District, VA, First Tier General Resolution Revenue Bonds (Series 2016),
5.000%, 7/1/2051
|
1,881,999
|
|
1,500,000
|
3
|
Embrey Mill Community Development Authority, VA, Special Assessment Revenue Bonds (Series 2015),
(United States Treasury PRF 3/1/2025@100), 5.600%, 3/1/2045
|
1,631,725
|
|
1,000,000
|
|
Norfolk, VA Redevelopment and Housing Authority (Harbor's Edge), Fort Norfolk Retirement Community Revenue Bond
(Series 2019B), 5.250%, 1/1/2054
|
1,009,577
|
|
4,250,000
|
|
Tobacco Settlement Financing Corp., VA, Tobacco Settlement Asset-Backed Bonds (Series 2007B-1), (Original Issue Yield:
5.120%), 5.000%, 6/1/2047
|
4,256,744
|
|
370,000
|
|
Virginia Small Business Financing Authority (Covanta Energy Corp.), Solid Waste Disposal Revenue Bonds (Series 2018)
TOBs, 5.000%, Mandatory Tender 7/1/2038
|
371,684
|
|
|
|
TOTAL
|
9,151,729
|
|
|
|
Washington—3.6%
|
|
|
2,000,000
|
|
Energy Northwest, WA, Columbia Generating Station Electric Revenue Refunding Bonds (Series 2021A), 4.000%, 7/1/2042
|
2,056,989
|
|
1,000,000
|
|
Port of Seattle, WA IDC (Delta Air Lines, Inc.), Special Facilities Revenue Refunding Bonds (Series 2012),
(Original Issue Yield: 5.310%), 5.000%, 4/1/2030
|
1,005,588
|
|
10,000,000
|
|
Seattle, WA Municipal Light & Power, Improvement and Refunding Revenue Bonds (Series 2018A), 4.000%, 1/1/2047
|
10,198,241
|
|
1,000,000
|
|
Washington State Health Care Facilities Authority (Virginia Mason Medical Center), Revenue Bonds (Series 2017),
5.000%, 8/15/2037
|
1,063,012
|
|
1,000,000
|
3
|
Washington State Housing Finance Commission (Heron's Key Senior Living), Nonprofit Housing Revenue Bonds
(Series 2015A), (Original Issue Yield: 7.050%), 7.000%, 7/1/2050
|
1,048,254
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Washington—continued
|
|
|
$1,000,000
|
3
|
Washington State Housing Finance Commission (Heron's Key Senior Living), Nonprofit Housing Revenue Bonds
(Series 2015A), 7.000%, 7/1/2045
|
$1,049,702
|
|
2,500,000
|
3
|
Washington State Housing Finance Commission (Rockwood Retirement Communities), Nonprofit Housing Revenue &
Refunding Revenue Bonds (Series 2014A), 7.500%, 1/1/2049
|
2,604,905
|
|
|
|
TOTAL
|
19,026,691
|
|
|
|
Wisconsin—2.5%
|
|
|
3,000,000
|
3
|
Public Finance Authority, WI (American Dream at Meadowlands), Limited Obligation PILOT Revenue Bonds (Series 2017),
7.000%, 12/1/2050
|
2,882,290
|
|
1,375,000
|
3
|
Public Finance Authority, WI (Eno River Academy), Charter School Revenue Bonds (Series 2020A), 5.000%, 6/15/2054
|
1,375,873
|
|
750,000
|
|
Public Finance Authority, WI (Mountain Island Charter School), Education Revenue Refunding Bonds (Series 2017),
5.000%, 7/1/2047
|
757,576
|
|
1,000,000
|
|
Public Finance Authority, WI (Mountain Island Charter School), Education Revenue Refunding Bonds (Series 2017),
5.000%, 7/1/2052
|
1,008,863
|
|
1,000,000
|
|
Public Finance Authority, WI (National Gypsum Co.), Exempt Facilities Refunding Revenue Bonds (Series 2016),
4.000%, 8/1/2035
|
912,479
|
|
3,000,000
|
3
|
Public Finance Authority, WI (Southminster), Retirement Facilities First Mortgage Revenue Bonds (Series 2018),
5.000%, 10/1/2048
|
2,876,911
|
|
1,500,000
|
|
Public Finance Authority, WI Revenue (Fargo-Moorhead Metropolitan Area Flood Risk Management Project),
Senior Revenue Bonds (Series 2021) Green Bonds, 4.000%, 3/31/2056
|
1,384,453
|
|
2,000,000
|
|
Public Finance Authority, WI (Grand Hyatt San Antonio Hotel), Grand Hyatt San Antonio Hotel Aquistion Project
(Senior Lien Series 2022A), 5.000%, 2/1/2062
|
2,076,475
|
|
800,000
|
|
Wisconsin Health & Educational Facilities Authority (ProHealth Care, Inc.), Revenue Refunding Bonds (Series 2015),
5.000%, 8/15/2039
|
821,623
|
|
1,000,000
|
|
Wisconsin Health & Educational Facilities Authority (St. Camillus Health System, Inc.), Revenue Bonds (Series 2019A),
5.000%, 11/1/2046
|
995,765
|
|
|
|
TOTAL
|
15,092,308
|
|
|
|
TOTAL MUNICIPAL BONDS
(IDENTIFIED COST $519,348,235)
|
510,008,902
|
|
|
5
|
SHORT-TERM MUNICIPALS—1.2%
|
|
|
|
|
Alabama—0.6%
|
|
|
100,000
|
|
West Jefferson, AL IDB Solid Waste Disposal (Alabama Power Co.), (Series 2008) Daily VRDNs, 0.720%, 6/1/2022
|
100,000
|
|
3,150,000
|
|
Wilsonville, AL IDB (Alabama Power Co.), (Series 2008) Daily VRDNs, 0.720%, 6/1/2022
|
3,150,000
|
|
|
|
TOTAL
|
3,250,000
|
|
|
|
Arizona—0.3%
|
|
|
1,500,000
|
|
Arizona State IDA (Phoenix Children's Hospital), (Series 2019A) Daily VRDNs, (JPMorgan Chase Bank, N.A. LOC),
0.620%, 6/1/2022
|
1,500,000
|
|
|
|
Kentucky—0.3%
|
|
|
1,400,000
|
|
Louisville & Jefferson County, KY Regional Airport Authority (UPS Worldwide Forwarding, Inc.), (1999 Series A)
Daily VRDNs, (United Parcel Service, Inc. GTD), 0.700%, 6/1/2022
|
1,400,000
|
|
|
|
TOTAL SHORT-TERM MUNICIPALS
(IDENTIFIED COST $8,240,292)
|
6,150,000
|
|
|
|
TOTAL INVESTMENT IN SECURITIES—98.8%
(IDENTIFIED COST $527,588,527)
|
516,158,902
|
|
|
|
OTHER ASSETS AND LIABILITIES - NET—1.2%6
|
6,360,548
|
|
|
|
TOTAL NET ASSETS—100%
|
$522,519,450
|
|
Security
|
Acquisition
Date
|
Acquisition
Cost
|
Value
|
|
Arizona State IDA (Basis Schools, Inc. Obligated Group), Education Revenue Bonds (Series 2017D),
5.000%, 7/1/2051
|
10/12/2017
|
$659,872
|
$657,233
|
|
Arizona State IDA (Basis Schools, Inc. Obligated Group), Education Revenue Bonds (Series 2017G),
5.000%, 7/1/2051
|
12/15/2017
|
$512,378
|
$505,564
|
|
Arizona State IDA (Doral Academy of Nevada FMMR), Education Revenue Bonds (Series 2019A),
5.000%, 7/15/2049
|
4/3/2019
|
$1,034,010
|
$1,009,381
|
|
Arizona State IDA (Pinecrest Academy of Nevada), Horizon, Inspirada and St. Rose Campus Education
Revenue Bonds (Series 2018A), 5.750%, 7/15/2048
|
12/14/2018
|
$1,788,490
|
$1,859,700
|
|
Build NYC Resource Corporation (Albert Einstein School of Medicine, Inc.), Revenue Bonds (Series 2015),
5.500%, 9/1/2045
|
1/14/2016
|
$1,000,000
|
$1,043,020
|
|
California Public Finance Authority (Kendal at Sonoma), Enso Village Senior Living Revenue Refunding Bonds
(Series 2021A), 5.000%, 11/15/2046
|
5/27/2021
|
$527,278
|
$500,734
|
|
California School Finance Authority (KIPP LA), School Facility Revenue Bonds (Series 2014A), 5.125%, 7/1/2044
|
6/13/2014
|
$750,000
|
$768,542
|
|
California School Finance Authority (KIPP LA), School Facility Revenue Bonds (Series 2015A), 5.000%, 7/1/2045
|
8/27/2015
|
$574,660
|
$581,144
|
|
California School Finance Authority (KIPP LA), School Facility Revenue Bonds (Series 2017A), 5.000%, 7/1/2047
|
8/4/2017
|
$534,633
|
$520,559
|
|
California State School Finance Authority Charter School Revenue (Bright Star Schools-Obligated Group),
Charter School Revenue Bonds (Series 2017), 5.000%, 6/1/2037
|
4/20/2020
|
$1,007,430
|
$1,028,460
|
|
California State School Finance Authority Charter School Revenue (Rocketship Public Schools), Revenue Bonds
(Series 2017G), 5.000%, 6/1/2047
|
12/4/2017
|
$511,300
|
$513,327
|
|
California State School Finance Authority Charter School Revenue (Summit Public Schools Obligated Group),
(Series 2017), 5.000%, 6/1/2053
|
10/5/2017
|
$1,153,786
|
$1,127,495
|
|
California Statewide Communities Development Authority (Loma Linda University Medical Center), Revenue Bonds
(Series 2016A), 5.000%, 12/1/2046
|
5/19/2020
|
$2,257,823
|
$2,276,725
|
|
Collier County, FL IDA (Arlington of Naples), Continuing Care Community Revenue Bonds (Series 2013A),
(Original Issue Yield: 8.375%), 8.250%, 5/15/2049
|
12/16/2013
|
$2,959,632
|
$2,040,000
|
|
Colorado Educational & Cultural Facilities Authority (Loveland Classical School), School Improvement Revenue
Bonds (Series 2016), 5.000%, 7/1/2036
|
4/17/2020
|
$946,760
|
$1,008,398
|
|
Denver, CO Health & Hospital Authority, Revenue Refunding Bonds (Series 2017A), 5.000%, 12/1/2034
|
8/23/2017
|
$1,063,094
|
$1,068,670
|
|
Director of the State of Nevada Department of Business and Industry (Doral Academy of Nevada CS),
Charter School Revenue Bonds (Series 2017A), 5.000%, 7/15/2047
|
8/31/2017
|
$914,732
|
$910,919
|
|
Director of the State of Nevada Department of Business and Industry (Somerset Academy of Las Vegas),
Charter School Lease Revenue Bonds (Series 2018A), 5.000%, 12/15/2048
|
4/6/2018
|
$1,001,570
|
$1,022,390
|
|
Embrey Mill Community Development Authority, VA, Special Assessment Revenue Bonds (Series 2015),
(United States Treasury PRF 3/1/2025@100), 5.600%, 3/1/2045
|
10/22/2015
|
$1,500,000
|
$1,631,725
|
|
Florida Development Finance Corp. (Glenridge on Palmer Ranch), Senior Living Revenue and Refunding Bonds
(Series 2021), 5.000%, 6/1/2051
|
5/13/2021
|
$1,109,796
|
$874,465
|
|
Kansas City, MO Redevelopment Authority (Kansas City Convention Center Headquarters Hotel CID),
Revenue Bonds (Series 2018B), (Original Issue Yield: 5.079%), 5.000%, 2/1/2050
|
1/10/2018
|
$1,976,536
|
$1,670,204
|
|
Maine State Finance Authority Solid Waste Disposal (Casella Waste Systems, Inc.), Revenue Bonds
(Series 2005R-3), 5.250%, 1/1/2025
|
1/27/2017
|
$2,000,000
|
$2,058,672
|
|
Maricopa County, AZ, IDA (Paradise Schools), Revenue Refunding Bonds, 5.000%, 7/1/2047
|
10/6/2016
|
$1,026,675
|
$1,007,292
|
|
Massachusetts Development Finance Agency (Newbridge on the Charles), Revenue Refunding Bonds
(Series 2017), 5.000%, 10/1/2057
|
12/7/2017
|
$1,051,514
|
$1,055,484
|
|
Millsboro, DE Special Obligations (Plantation Lakes Special Development District), Special Tax Revenue Refunding
Bonds (Series 2018), (Original Issue Yield: 5.140%), 5.125%, 7/1/2038
|
5/22/2020
|
$2,862,387
|
$3,055,520
|
|
Minneapolis, MN Charter School Lease Revenue (Twin Cities International School), (Series 2017A),
(Original Issue Yield: 5.150%), 5.000%, 12/1/2047
|
12/8/2017
|
$2,936,416
|
$3,030,129
|
|
Mission, TX Economic Development Corporation (Natgasoline), Senior Lien Revenue Bonds (Series 2018),
(Original Issue Yield: 4.716%), 4.625%, 10/1/2031
|
10/30/2018
|
$1,489,742
|
$1,554,980
|
|
Mohegan Tribe of Indians of Connecticut Gaming Authority, Priority Distribution Payment Refunding Bonds
(Series 2015C), (Original Issue Yield: 6.375%), 6.250%, 2/1/2030
|
11/25/2015
|
$1,821,171
|
$1,965,373
|
|
Security
|
Acquisition
Date
|
Acquisition
Cost
|
Value
|
|
Monroe County, NY IDC (True North Rochester Preparatory Charter School), Charter School Revenue Bonds
(Series 2020A), 5.000%, 6/1/2059
|
7/9/2020
|
$1,111,336
|
$1,023,557
|
|
New Hampshire Health and Education Facilities Authority (Hillside Village), Revenue Bonds (Series 20017A),
(Original Issue Yield: 6.375%), 6.125%, 7/1/2052
|
6/8/2017
|
$1,450,030
|
$600,000
|
|
New Hope Cultural Education Facilities Finance Corporation (Jubilee Academic Center), Education Revenue
Refunding Bonds (Series 2021), 4.000%, 8/15/2056
|
12/10/2021
|
$2,181,612
|
$1,695,234
|
|
New York Liberty Development Corporation (3 World Trade Center), Revenue Bonds (Series 2014 Class 2),
5.375%, 11/15/2040
|
10/29/2014
|
$1,000,000
|
$1,017,061
|
|
Ohio Air Quality Development Authority (AMG Vanadium LLC), Exempt Facilities Revenue Bonds (Series 2019),
5.000%, 7/1/2049
|
6/27/2019
|
$1,878,442
|
$1,826,698
|
|
Polk County, FL IDA (Mineral Development, LLC), Secondary Phosphate Tailings Recovery Project Revenue Bonds
(Series 2020), 5.875%, 1/1/2033
|
10/23/2020
|
$2,000,000
|
$2,142,344
|
|
Prince Georges County, MD (Westphalia Town Center), Special Obligation Revenue Bonds (Series 2018),
(Original Issue Yield: 5.330%), 5.250%, 7/1/2048
|
11/16/2018
|
$988,744
|
$1,016,226
|
|
Public Finance Authority, WI (American Dream at Meadowlands), Limited Obligation PILOT Revenue Bonds
(Series 2017), 7.000%, 12/1/2050
|
6/22/2017
|
$3,051,013
|
$2,882,290
|
|
Public Finance Authority, WI (Eno River Academy), Charter School Revenue Bonds (Series 2020A),
5.000%, 6/15/2054
|
6/12/2020
|
$1,405,095
|
$1,375,873
|
|
Public Finance Authority, WI (Southminster), Retirement Facilities First Mortgage Revenue Bonds (Series 2018),
5.000%, 10/1/2048
|
4/6/2020
|
$2,733,300
|
$2,876,911
|
|
San Francisco Special Tax District No. 2020-1 (Mission Rock Facilities and Services), Development Special Tax
Bonds (Series 2021A), 4.000%, 9/1/2051
|
5/7/2021
|
$374,496
|
$308,688
|
|
South Carolina Jobs-EDA (Green Charter Schools), Educational Facilities Revenue Refunding Bonds (Series 2021A),
4.000%, 6/1/2056
|
7/30/2021
|
$1,063,053
|
$804,047
|
|
Tuscaloosa County, AL IDA (Hunt Refining Co.), Gulf Opportunity Zone Refunding Bonds (Series 2019A),
5.250%, 5/1/2044
|
4/17/2019
|
$790,000
|
$800,008
|
|
Utah State Charter School Finance Authority (Freedom Academy Foundation), Charter School Revenue Refunding
Bonds (Series 2017), (Original Issue Yield: 5.300%), 5.250%, 6/15/2037
|
4/27/2020
|
$1,865,883
|
$2,065,067
|
|
Vermont EDA (Casella Waste Systems, Inc.), Solid Waste Disposal Revenue Bonds (Series 2013) TOBs, 4.625%,
Mandatory Tender 4/3/2028
|
3/28/2018
|
$1,000,000
|
$1,004,258
|
|
Verrado Community Facilities District No. 1, AZ, District GO Refunding Bonds (Series 2013A), 6.000%, 7/15/2027
|
7/3/2013
|
$432,539
|
$436,235
|
|
Washington State Housing Finance Commission (Heron's Key Senior Living), Nonprofit Housing Revenue Bonds
(Series 2015A), (Original Issue Yield: 7.050%), 7.000%, 7/1/2050
|
7/22/2015
|
$993,827
|
$1,048,254
|
|
Washington State Housing Finance Commission (Heron's Key Senior Living), Nonprofit Housing Revenue Bonds
(Series 2015A), 7.000%, 7/1/2045
|
7/22/2015
|
$1,004,068
|
$1,049,702
|
|
Washington State Housing Finance Commission (Rockwood Retirement Communities), Nonprofit Housing Revenue
& Refunding Revenue Bonds (Series 2014A), 7.500%, 1/1/2049
|
1/31/2014
|
$2,500,000
|
$2,604,905
|
|
CDD
|
—Community Development District
|
|
EDA
|
—Economic Development Authority
|
|
GO
|
—General Obligation
|
|
GTD
|
—Guaranteed
|
|
HFDC
|
—Health Facility Development Corporation
|
|
IDA
|
—Industrial Development Authority
|
|
IDB
|
—Industrial Development Bond
|
|
IDC
|
—Industrial Development Corporation
|
|
INS
|
—Insured
|
|
LOC
|
—Letter of Credit
|
|
LT
|
—Limited Tax
|
|
PILOT
|
—Payment in Lieu of Taxes
|
|
PRF
|
—Pre-refunded
|
|
SID
|
—Special Improvement District
|
|
TELA
|
—Toll Equity Loan Agreement
|
|
TOBs
|
—Tender Option Bonds
|
|
USD
|
—Unified School District
|
|
UT
|
—Unlimited Tax
|
|
VRDNs
|
—Variable Rate Demand Notes
|