Face Amount | Value | ||
MUNICIPAL BONDS* — 93.0% | |||
Arizona — 0.8% | |||
$2,015,000 | Yuma, AZ, Municipal Property Corp., Road & Excise Tax, Revenue Bonds, Refunding, 5.000% due 7/1/26 | $2,191,206 | |
California — 13.4% | |||
1,000,000 | Bay Area Toll Authority, CA, Revenue Bonds, Series D, (SIFMA MUNI SWAP INDEX+0.3%), 1.630% due 4/1/561 | 967,235 | |
1,000,000 | California State University, Revenue Bonds, Refunding, Series A, 5.000% due 11/1/27 | 1,117,091 | |
1,500,000 | California State, Department of Water Resources, Revenue Bonds, Refunding, Series AX, 5.000% due 12/1/31 | 1,706,154 | |
1,500,000 | California State, General Obligation Unlimited, 4.000% due 10/1/34 | 1,626,788 | |
1,500,000 | California State, General Obligation Unlimited, Refunding, 5.000% due 9/1/30 | 1,821,122 | |
1,750,000 | City and County of San Francisco, CA, General Obligation Unlimited, Refunding, Series R, 5.000% due 6/15/28 | 2,053,889 | |
1,500,000 | City of Los Angeles, CA, Department of Airports, Revenue Bonds, Refunding, 5.000% due 5/15/31 | 1,788,717 | |
1,675,000 | City of Los Angeles, CA, Department of Airports, Revenue Bonds, Refunding, Series B, 5.000% due 5/15/27 | 1,904,225 | |
1,560,000 | City of Los Angeles, CA, Department of Water and Power System, Revenue Bonds, Refunding, Series B, 5.000% due 7/1/28 | 1,820,820 | |
1,500,000 | City of Los Angeles, CA, Revenue Notes, 4.000% due 6/29/23 | 1,534,253 | |
1,000,000 | East Bay, CA, Municipal Utility District Water System Revenue, Revenue Bonds, Refunding, Series B-2, 5.000% due 6/1/26 | 1,124,683 | |
2,820,000 | Los Angeles County, CA, Metropolitan Transportation Authority, Sales Tax Revenue, Revenue Bonds, Refunding, Series A, 4.000% due 7/1/31 | 2,901,117 | |
1,000,000 | Los Angeles County, CA, Public Works Financing Authority, Revenue Bonds, Refunding, Series A, 5.000% due 12/1/32 | 1,195,579 | |
1,710,000 | Los Angeles, CA, Unified School District, General Obligation Unlimited, Refunding, Series A, 4.000% due 7/1/32 | 1,906,641 | |
2,500,000 | Los Angeles, CA, Unified School District, General Obligation Unlimited, Series C, 4.000% due 7/1/33 | 2,767,078 | |
1,510,000 | Metropolitan Water District of Southern California, General Obligation Unlimited, Refunding, Series A, 5.000% due 3/1/33 | 1,796,244 | |
1,835,000 | San Diego, CA, Unified School District, General Obligation Unlimited, Refunding, Series R, 5.000% due 7/1/29 | 2,042,422 | |
1,810,000 | San Francisco, CA, City and County Airport Comm-San Francisco International Airport, Revenue Bonds, Refunding, Series A, 5.000% due 5/1/26 | 2,002,735 | |
1,500,000 | San Francisco, CA, City and County Public Utilities Commission Wastewater Revenue, Revenue Bonds, Refunding, Series B, 5.000% due 10/1/31 | 1,834,469 | |
750,000 | San Francisco, CA, Unified School District, General Obligation Unlimited, Series C, 5.000% due 6/15/26 | 838,074 | |
1,500,000 | Santa Ana, CA, Unified School District, General Obligation Unlimited, Refunding, 5.000% due 8/1/30 | 1,727,650 | |
1,500,000 | The Regents of The University of California Medical Centre Pooled, Revenue Bonds, Series 2022 P, 5.000% due 5/15/34 | 1,793,637 | |
38,270,623 | |||
Colorado — 1.9% | |||
1,010,000 | Adams and Arapahoe Joint School District 28J Aurora, General Obligation Unlimited, Refunding, Series A, 5.000% due 12/1/23 | 1,056,162 | |
1,195,000 | City and County of Denver, Co, Airport System Revenue, Revenue Bonds, Series A, 5.000% due 11/15/24 | 1,271,568 |
1 |
Face Amount | Value | ||
MUNICIPAL BONDS* — (Continued) | |||
Colorado — (Continued) | |||
$1,545,000 | Colorado State, Housing and Finance Authority, Revenue Bonds, Series B, 3.750% due 5/1/50 | $1,578,852 | |
1,425,000 | E-470 Public Highway Authority, CO, Revenue Bonds, Refunding, Series A, 5.000% due 9/1/28 | 1,641,360 | |
5,547,942 | |||
Connecticut — 2.3% | |||
Connecticut State, General Obligation Unlimited, Refunding, Series D: | |||
1,500,000 | 5.000% due 7/15/23 | 1,549,219 | |
1,300,000 | 5.000% due 9/15/31 | 1,564,011 | |
1,825,000 | Connecticut State, Health and Educational Facilities Authority, Revenue Bonds, Series V-1, 1.650% due 7/1/362 | 1,825,000 | |
1,520,000 | Connecticut State, Housing Finance Authority, Housing Finance Mortgage Program, Revenue Bonds, Refunding, Series F-1, 3.500% due 11/15/43 | 1,541,797 | |
6,480,027 | |||
Delaware — 1.6% | |||
1,000,000 | Delaware River and Bay Authority, DE, Consisting, Revenue Bonds, Refunding, Series C, 5.000% due 1/1/27 | 1,044,370 | |
535,000 | Delaware River and Bay Authority, DE, Revenue Bonds, Refunding, 5.000% due 1/1/313 | 626,128 | |
2,640,000 | Delaware State, General Obligation Unlimited, Series B, 5.000% due 7/1/24 | 2,808,471 | |
4,478,969 | |||
District Of Columbia — 2.3% | |||
1,550,000 | District of Columbia, General Obligation Unlimited, Series A, 5.000% due 6/1/32 | 1,660,303 | |
3,010,000 | District of Columbia, Revenue Bonds, Refunding, Series C, 5.000% due 12/1/323 | 3,745,383 | |
1,000,000 | Metropolitan Washington, DC, Airports Authority System, Revenue Bonds, Refunding, Series B, 5.000% due 10/1/23 | 1,038,979 | |
6,444,665 | |||
Florida — 7.3% | |||
1,000,000 | Central Florida, Expressway Authority, Revenue Bonds, (AGMC Insured), 5.000% due 7/1/30 | 1,189,463 | |
2,820,000 | Central Florida, Expressway Authority, Revenue Bonds, Refunding, Series B, 5.000% due 7/1/28 | 3,131,989 | |
2,750,000 | City of Lakeland, FL, Department of Electric Utilities, Revenue Bonds, Refunding, 5.000% due 10/1/25 | 3,023,238 | |
4,500,000 | County of Miami-Dade, FL, Seaport Department, Revenue Bonds, Prerefunded, Series A, 5.500% due 10/1/25 | 4,702,306 | |
2,610,000 | County of Miami-Dade, FL, Water and Sewer System Revenue, Revenue Bonds, Refunding, Series B, 4.000% due 10/1/35 | 2,710,413 | |
1,000,000 | Orlando, FL, Utilities Commission, Revenue Bonds, Series B, 1.250% due 10/1/462 | 865,039 | |
4,000,000 | Orlando-Orange County, FL, Expressway Authority, Revenue Bonds, Refunding, 5.000% due 7/1/32 | 4,126,474 | |
1,025,000 | School District of Broward County, FL, Certificate Participation, Refunding, Series A, 5.000% due 7/1/27 | 1,136,769 | |
20,885,691 | |||
Illinois — 3.0% | |||
2,000,000 | Chicago, IL, O’Hare International Airport, Revenue Bonds, Refunding, Series B, 5.000% due 1/1/32 | 2,114,723 |
2 |
Face Amount | Value | ||
MUNICIPAL BONDS* — (Continued) | |||
Illinois — (Continued) | |||
$1,000,000 | County of Cook, IL, General Obligation Unlimited, Refunding, Series A, 5.000% due 11/15/25 | $1,091,762 | |
1,450,000 | Illinois Finance Authority, Revenue Bonds, Refunding, Series B, 1.890% due 11/15/372 | 1,450,000 | |
1,000,000 | Illinois Finance Authority, Revenue Bonds, Refunding, Series C, 5.000% due 2/15/27 | 1,130,597 | |
2,250,000 | Metropolitan, Greater Chicago, IL, Water Reclamation District, General Obligation Limited, Refunding, Series C, 5.000% due 12/1/29 | 2,654,250 | |
8,441,332 | |||
Indiana — 0.4% | |||
1,025,000 | Indiana State, Municipal Power Agency, Revenue Bonds, Refunding, Series A, 5.000% due 1/1/27 | 1,099,548 | |
Iowa — 1.0% | |||
3,000,000 | Iowa Finance Authority, Revenue Bonds, Series E, 1.860% due 2/15/412 | 3,000,000 | |
Kansas — 0.8% | |||
1,190,000 | Kansas State, Department of Transportation, Revenue Bonds, Series C, 5.000% due 9/1/23 | 1,193,426 | |
1,000,000 | Wyandotte County-Kansas City, KS, Unified Government, General Obligation Unlimited, Series A, (AGMC Insured), 4.000% due 8/1/24 | 1,043,155 | |
2,236,581 | |||
Kentucky — 0.4% | |||
1,000,000 | Kentucky State, Property & Building Commission, Revenue Bonds, Project No. 119, (BAM Insured), 5.000% due 5/1/33 | 1,122,973 | |
Maryland — 2.8% | |||
1,000,000 | Maryland Health & Higher Educational Facilities Authority, Revenue Bonds, Series B, 5.000% due 4/15/32 | 1,140,087 | |
1,495,000 | Maryland State, General Obligation Unlimited, Series A, 5.000% due 8/1/34 | 1,807,800 | |
2,000,000 | Maryland State, General Obligation Unlimited, Series B, 5.000% due 8/1/24 | 2,133,112 | |
1,240,000 | Montgomery County, MD, General Obligation Unlimited, Consolidated Public Improvement, Refunding, Series D, 4.000% due 11/1/28 | 1,358,137 | |
1,500,000 | Montgomery County, MD, General Obligation Unlimited, Series A, 4.000% due 8/1/31 | 1,679,725 | |
8,118,861 | |||
Massachusetts — 3.5% | |||
1,435,000 | Commonwealth of Massachusetts, General Obligation Limited, Series B, 5.000% due 7/1/33 | 1,692,380 | |
2,850,000 | Commonwealth of Massachusetts, General Obligation Limited, Series C, 5.000% due 5/1/30 | 2,916,096 | |
1,100,000 | Commonwealth of Massachusetts, General Obligation Limited, Series E, 5.000% due 9/1/32 | 1,266,446 | |
1,700,000 | Massachusetts Development Finance Agency, Revenue Bonds, Series U-6C, 1.890% due 10/1/422 | 1,700,000 | |
2,500,000 | Massachusetts Development Finance Agency, Revenue Bonds, Series U-6C-R, 1.910% due 10/1/422 | 2,500,000 | |
10,074,922 |
3 |
Face Amount | Value | ||
MUNICIPAL BONDS* — (Continued) | |||
Michigan — 1.8% | |||
$1,015,000 | Byron Center, MI, Public Schools, General Obligation Unlimited, Refunding, (QSBLF Insured), 5.000% due 5/1/24 | $1,073,137 | |
715,000 | Michigan Finance Authority, Revenue Bonds, Series 2014D, 5.000% due 7/1/24 | 756,728 | |
1,500,000 | Michigan State, Finance Authority, Hospital Revenue Refunding Bonds, Series 2022 A, 5.000% due 4/15/28 | 1,725,018 | |
1,630,000 | Michigan State, Housing Development Authority, Revenue Bonds, AMT, Series B, 3.500% due 6/1/47 | 1,648,255 | |
5,203,138 | |||
Minnesota — 0.7% | |||
2,035,000 | Minnesota State, Housing Finance Agency, Revenue Bonds, Refunding, Series E, (GNMA / FNMA / FHLMC Insured), 4.000% due 1/1/47 | 2,072,900 | |
Mississippi — 0.9% | |||
1,150,000 | Mississippi Business Finance Corp, Revenue Bonds, Series C, 1.720% due 12/1/302 | 1,150,000 | |
1,300,000 | Mississippi Business Finance Corp, Revenue Bonds, Series I, 1.720% due 11/1/352 | 1,300,000 | |
2,450,000 | |||
Missouri — 1.5% | |||
2,000,000 | City of Kansas, MO, Sanitary Sewer System, Revenue Bonds, Refunding, Series A, 5.000% due 1/1/27 | 2,148,897 | |
2,020,000 | Missouri State Housing Development Commission Single Family Mortgage, Revenue Bonds, Series A, (GNMA / FNMA / FHLMC Insured), 3.500% due 11/1/50 | 2,050,668 | |
4,199,565 | |||
Nevada — 0.4% | |||
1,000,000 | Clark County, NV, School District, General Obligation Limited, Building and Refunding Bonds, Series C, 5.000% due 6/15/26 | 1,113,469 | |
New Jersey — 1.7% | |||
2,000,000 | New Jersey Economic Development Authority, Revenue Bonds, Series-AAA, 5.500% due 6/15/31 | 2,308,174 | |
1,375,000 | New Jersey Turnpike Authority, Revenue Bonds, Series A, 5.000% due 1/1/27 | 1,544,122 | |
1,000,000 | New Jersey Turnpike Authority, Revenue Bonds, Series E, 5.000% due 1/1/32 | 1,064,379 | |
4,916,675 | |||
New Mexico — 0.6% | |||
965,000 | New Mexico State, Mortgage Finance Authority, Revenue Bonds, Series A, (GNMA / FNMA / FHLMC Insured), 3.500% due 1/1/51 | 979,851 | |
860,000 | New Mexico State, Mortgage Finance Authority, Revenue Bonds, Series F, (GNMA / FNMA / FHLMC Insured), 3.500% due 7/1/50 | 874,727 | |
1,854,578 | |||
New York — 11.9% | |||
1,185,000 | Long Island, NY, Power Authority, Revenue Bonds, Refunding, Series A, 5.000% due 9/1/33 | 1,385,454 | |
1,000,000 | Metropolitan Transportation Aurthority, NY, Revenue Bonds, (AGMC Insured), (SOFR*0.67+0.55%), 1.575% due 11/1/321 | 985,016 | |
1,250,000 | New York City, NY, General Obligation Unlimited, Fiscal 2008 Series J, 5.000% due 8/1/28 | 1,454,687 |
4 |
Face Amount | Value | ||
MUNICIPAL BONDS* — (Continued) | |||
New York — (Continued) | |||
$1,865,000 | New York City, NY, General Obligation Unlimited, REMK Series L, 5.000% due 4/1/33 | $2,184,846 | |
1,000,000 | New York City, NY, Municipal Water Finanace Authority, Water and Sewer System, Revenue Bonds, Series BB-2, 5.000% due 6/15/27 | 1,104,146 | |
1,465,000 | New York City, NY, Transitional Finance Authority Building Aid Revenue, Revenue Bonds, Series S-1, (State Aid Withholding), 5.000% due 7/15/31 | 1,590,724 | |
1,500,000 | New York City, NY, Transitional Finance Authority Building Aid Revenue, Revenue Bonds, Series S-1A,, 5.000% due 7/15/30 | 1,785,059 | |
1,650,000 | New York City, NY, Transitional Finance Authority, Future Tax Secured Revenue, Revenue Bonds, Refunding, Series C, 5.000% due 11/1/26 | 1,859,787 | |
1,160,000 | New York City, NY, Transitional Finance Authority, Future Tax Secured Revenue, Revenue Bonds, Refunding, Subseries F-1, 5.000% due 11/1/26 | 1,307,487 | |
2,275,000 | New York City, NY, Transitional Finance Authority, Future Tax Secured Revenue, Revenue Bonds, Subseries E-1, 5.000% due 2/1/30 | 2,495,714 | |
1,930,000 | New York City, NY, Transitional Finance Authority, Future Tax Secured Revenue, Revenue Bonds, Subseries F-1, 5.000% due 5/1/31 | 2,163,193 | |
1,000,000 | New York State Dormitory Authority, Memorial Sloan-Kettering Cancer Center, Revenue Bonds, 5.000% due 7/1/35 | 1,127,048 | |
1,415,000 | New York State, Dormitory Authority, Personal Income Tax, Revenue Bonds, Refunding, Series A, 5.000% due 3/15/28 | 1,632,695 | |
2,440,000 | New York State, Dormitory Authority, Personal Income Tax, Revenue Bonds, Refunding, Series E, 4.000% due 3/15/28 | 2,590,317 | |
New York State, Thruway Authority, Highway Revenue Tolls, Revenue Bonds, Refunding, Series K: | |||
1,000,000 | 5.000% due 1/1/31 | 1,068,324 | |
1,200,000 | 5.000% due 1/1/32 | 1,277,313 | |
1,025,000 | New York State, Urban Development Corp, Personal Income Tax, Revenue Bonds, Refunding, Series A, 5.000% due 3/15/28 | 1,155,955 | |
1,400,000 | New York State, Urban Development Corp, Personal Income Tax, Revenue Bonds, Series A, 5.000% due 3/15/35 | 1,603,269 | |
2,000,000 | Port Authority of New York & New Jersey, Revenue Bonds, Refunding, Series 231, 5.000% due 8/1/27 | 2,238,651 | |
1,700,000 | Port Authority of New York and New Jersey, Revenue Bonds, Refunding, 5.000% due 11/15/33 | 1,909,962 | |
1,070,000 | Triborough Bridge and Tunnel Authority, NY, Revenue Bonds, Series C, 4.000% due 11/15/27 | 1,184,589 | |
34,104,236 | |||
North Carolina — 0.7% | |||
1,220,000 | Duplin County, NC, Limited Obligation, Revenue Bonds, 5.000% due 4/1/23 | 1,246,196 | |
600,000 | New Hanover County, NC, Hospital Revenue, Revenue Bonds, Refunding, Escrowed to Maurity, 5.000% due 10/1/23 | 623,174 | |
1,869,370 | |||
Ohio — 3.0% | |||
500,000 | Miami, OH, University of Ohio, Revenue Bonds, Refunding, Series A, 5.000% due 9/1/30 | 591,544 | |
3,250,000 | Ohio State, General Obligation Unlimited, Series A, 5.000% due 6/15/28 | 3,316,520 | |
1,000,000 | Ohio State, Hospital Refunding, Revenue Bonds, 5.000% due 1/1/28 | 1,148,078 |
5 |
Face Amount | Value | ||
MUNICIPAL BONDS* — (Continued) | |||
Ohio — (Continued) | |||
$1,670,000 | Ohio State, Hospital Revenue Bonds, Series A, 5.000% due 1/15/24 | $1,694,415 | |
1,680,000 | Ohio State, Housing Finance Agency Residential Mortgage, Revenue Bonds, Series D, (GNMA / FNMA / FHLMC Insured), 4.000% due 3/1/48 | 1,715,106 | |
8,465,663 | |||
Oklahoma — 0.7% | |||
2,000,000 | Grand River, OK, Dam Authority, Revenue Bonds, Refunding, Series A, 5.000% due 6/1/24 | 2,113,959 | |
Pennsylvania — 3.9% | |||
1,000,000 | Allegheny, PA, Sanitary Authority, Revenue Bonds, Refunding, (BAM Insured), 5.000% due 12/1/30 | 1,095,243 | |
1,000,000 | City of Philadelphia, PA, General Obligation Unlimited, Series A, 5.000% due 8/1/26 | 1,112,298 | |
1,505,000 | Commonwealth of Pennsylvania, General Obligation Unlimited, Refunding, 5.000% due 7/15/23 | 1,554,965 | |
1,500,000 | Commonwealth of Pennsylvania, General Obligation Unlimited, Series 2, 5.000% due 9/15/25 | 1,647,612 | |
2,500,000 | Cumberland County, PA, Municipal Authority, Revenue Bonds, 5.000% due 11/1/31 | 2,791,682 | |
1,250,000 | Pennsylvania State University, Revenue Bonds, Series A, 5.000% due 9/1/31 | 1,457,505 | |
1,360,000 | Pennsylvania State, Housing Finance Agency Single Family Mortgage Revenue, Revenue Bonds, Series 2019-131A, 3.500% due 4/1/49 | 1,375,755 | |
11,035,060 | |||
South Carolina — 1.6% | |||
1,500,000 | South Carolina State, Public Service Authority, Revenue Bonds, Refunding, Series A, 5.000% due 12/1/34 | 1,582,534 | |
1,500,000 | South Carolina State, Public Service Authority, Revenue Bonds, Refunding, Series A(Power), 4.000% due 12/1/33 | 1,549,131 | |
350,000 | South Carolina State, Public Service Authority, Revenue Bonds, Series A(Utilities), 5.000% due 12/1/27 | 390,632 | |
1,000,000 | South Carolina State, Public Service Authority, Revenue Bonds, Series B, 5.000% due 12/1/27 | 1,116,092 | |
4,638,389 | |||
Tennessee — 1.2% | |||
3,265,000 | Sumner County, TN, General Obligation Unlimited, Refunding, 5.000% due 6/1/23 | 3,355,362 | |
Texas — 10.5% | |||
1,065,000 | Alamo, TX, Community College District, General Obligation Limited, Refunding, 5.000% due 2/15/24 | 1,119,847 | |
3,500,000 | Board of Regents of the University of Texas System, TX, Revenue Bonds, Series D, 5.000% due 8/15/25 | 3,838,266 | |
1,000,000 | City of Dallas, TX, Waterworks and Sewer System Revenue, Revenue Bonds, Refunding, Series C, 5.000% due 10/1/33 | 1,180,790 | |
1,100,000 | City of Dallas, TX, Waterworks and Sewer System Revenue, Revenue Bonds, Series C, 4.000% due 10/1/33 | 1,203,762 | |
Harris County, TX, Cultural Education Facilities Finance Corp., Revenue Bonds, Refunding, Children’s Hospital Project: | |||
1,850,000 | 5.000% due 10/1/26 | 2,024,823 | |
1,000,000 | 5.000% due 10/1/27 | 1,090,732 | |
1,300,000 | Harris County, TX, Revenue Bonds, Series A, 5.000% due 8/15/24 | 1,387,819 |
6 |
Face Amount | Value | ||
MUNICIPAL BONDS* — (Continued) | |||
Texas — (Continued) | |||
$1,125,000 | Lower Colorado River Authority, TX, Revenue Bonds, Refunding, 5.000% due 5/15/25 | $1,219,788 | |
1,500,000 | McKinney, TX, Independent School District, General Obligation Unlimited, Refunding, 5.000% due 2/15/233 | 1,523,196 | |
2,500,000 | North Texas, Municipal Water District, Revenue Bonds, Series 2021A, 4.000% due 9/1/23 | 2,567,436 | |
1,000,000 | North Texas, Tollway Authority, Revenue Bonds, Refunding, 5.000% due 1/1/32 | 1,119,686 | |
4,000,000 | North Texas, Tollway Authority, Revenue Bonds, Refunding, Series A, 5.000% due 1/1/30 | 4,254,303 | |
1,000,000 | San Antonio, TX, Independent School District, General Obligation Unlimited, Series 2022, 5.000% due 8/15/243 | 1,065,715 | |
1,500,000 | San Antonio, TX, Water System, Revenue Bonds, Refunding, Series A, 5.000% due 5/15/28 | 1,740,260 | |
1,375,000 | Texas State, General Obligation Unlimited, Series B, 4.000% due 8/1/29 | 1,448,822 | |
3,090,000 | Waco, TX, Independent School District, General Obligation Unlimited, Refunding, (PSF Guaranteed), 5.000% due 8/15/23 | 3,200,820 | |
29,986,065 | |||
Utah — 0.4% | |||
1,000,000 | University of Utah/The, Revenue Bonds, Series B, 5.000% due 8/1/34 | 1,212,008 | |
Virginia — 2.6% | |||
1,500,000 | County of Arlington, VA, General Obligation Unlimited, Series 2021, 5.000% due 6/15/33 | 1,810,435 | |
5,500,000 | Loudoun County, VA, General Obligation Unlimited, Refunding, Series B, (State Aid Withholding), 5.000% due 12/1/233 | 5,726,950 | |
7,537,385 | |||
Washington — 5.6% | |||
1,000,000 | Central Puget Sound Regional Transit Authority, WA, Revenue Bonds, Refunding, Series S-1, 5.000% due 11/1/30 | 1,210,253 | |
Energy Northwest, WA, Revenue Bonds, Series A: | |||
1,500,000 | 5.000% due 7/1/23 | 1,547,150 | |
1,250,000 | 5.000% due 7/1/28 | 1,390,286 | |
1,205,000 | Grays Harbor County, WA, Public Utility District No. 1, Revenue Bonds, Refunding, Series A, 5.000% due 1/1/27 | 1,289,687 | |
3,600,000 | King County, WA, Bellevue School District No. 405, General Obligation Unlimited, (School Bond Guaranty), 5.000% due 12/1/25 | 3,755,285 | |
2,000,000 | Port of Seattle, WA, Revenue Bonds, Refunding, 5.000% due 6/1/33 | 2,322,921 | |
1,500,000 | Port of Seattle, WA, Revenue Bonds, Refunding, Series B, 5.000% due 3/1/35 | 1,576,565 | |
2,500,000 | Washington State, General Obligation Unlimited, Series A, 5.000% due 8/1/35 | 2,959,317 | |
16,051,464 | |||
Wisconsin — 0.9% | |||
2,500,000 | Wisconsin Health and Educational Facilities Authority, Revenue Bonds, 5.000% due 11/15/23 | 2,602,809 |
7 |
Face Amount | Value | ||
MUNICIPAL BONDS* — (Continued) | |||
Wyoming — 0.9% | |||
$2,645,000 | Wyoming State, Community Development Authority, Housing Revenue, Revenue Bonds, Refunding, Series 3, 4.000% due 6/1/43 | $2,710,812 | |
TOTAL MUNICIPAL BONDS (Cost $266,553,217) | 265,886,247 | ||
TOTAL INVESTMENTS (Cost $266,553,217) | 93.0% | $265,886,247 | |
OTHER ASSETS IN EXCESS OF LIABILITIES | 7.0 | 19,949,658 | |
NET ASSETS | 100.0% | $285,835,905 |
* | Percentages indicated are based on net assets. |
1 | Floating Rate Bond. Rate shown is as of July 31, 2022. |
2 | Variable/Floating interest rate security. Certain variable/floating interest 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. Rate presented is as of July 31, 2022. |
3 | When-issued security. |
Abbreviations: |
AGMC — Assured Guaranty Municipal Corporation |
AMT — Alternative Minimum Tax |
BAM — Build America Mutual |
FHLMC — Federal Home Loan Mortgage Corporation |
FNMA — Federal National Mortgage Association |
GNMA — Government National Mortgage Association |
PSF — Permanent School Fund |
QSBLF — Michigan Qualified School Bond Loan Fund |
SIFMA — Securities Industry and Financial Markets Association |
8 |
9 |
10 |