North Carolina Department of Transportation, Private Activity Revenue Bonds, I-77 Hot Lanes Project, Series 2015

Portfolio of Investments February 28, 2026

Georgia

(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM INVESTMENTS - 98.1%

144,049,203

MUNICIPAL BONDS - 98.1%

–

CONSUMER DISCRETIONARY - 1.3%

2,200,000

Geo. L. Smith II Georgia World Congress Center Authority,

Georgia, Convention Center Hotel Revenue Bonds, First Tier

Series 2021A

4.000

01/01/54

1,903,005

TOTAL CONSUMER DISCRETIONARY

1,903,005

EDUCATION AND CIVIC ORGANIZATIONS - 7.4%

1,250,000

Athens-Clarke County Unified Government Development

Authority, Georgia, Revenue Bonds, University of Georgia Project

- UGAREF West Precinct LLC, Series 2024

4.000

06/15/44

1,265,429

1,150,000

Athens-Clarke County Unified Government Development

Authority, Georgia, Revenue Bonds, University of Georgia Project

- UGAREF West Precinct LLC, Series 2024

4.000

06/15/49

1,096,244

750,000

Cobb County Development Authority, Georgia, Charter School

Revenue Bonds, Northwest Classical Academy, Inc. Project,

Series 2023A

6.375

06/15/58

749,346

815,000

Fulton County Development Authority, Georgia, Revenue Bonds,

Georgia Tech Athletic Association Project, Series 2019A

5.000

10/01/35

874,133

2,000,000

Fulton County Development Authority, Georgia, Revenue Bonds,

Robert W. Woodruff Arts Center, Inc. Project, Refunding Series

2015A

5.000

03/15/36

2,003,153

2,000,000

Fulton County Development Authority, Georgia, Revenue Bonds,

Robert W. Woodruff Arts Center, Inc. Project, Series 2019A

5.000

03/15/44

2,063,577

2,750,000

Gwinnett County Development Authority, Georgia, Revenue

Bonds, Georgia Gwinnett College Student Housing Project,

Refunding Series 2017B

5.000

07/01/40

2,808,474

TOTAL EDUCATION AND CIVIC ORGANIZATIONS

10,860,356

HEALTH CARE - 12.8%

3,590,000

Brookhaven Development Authority, Georgia, Revenue Bonds,

Children's Healthcare of Atlanta, Inc. Project, Series 2019A

4.000

07/01/49

3,372,663

1,880,000

Carroll City-County Hospital Authority, Georgia, Revenue

Anticipation Certificates, Tanner Medical Center Inc. Project,

Series 2020

4.000

07/01/50

1,795,153

2,590,000

Carroll City-County Hospital Authority, Georgia, Revenue

Anticipation Certificates, Tanner Medical Center Inc. Project,

Series 2025

5.000

07/01/40

2,934,535

455,000

Carroll City-County Hospital Authority, Georgia, Revenue

Anticipation Certificates, Tanner Medical Center Inc. Project,

Series 2025

5.000

07/01/41

511,466

420,000

Cobb County Kennestone Hospital Authority, Georgia, Revenue

Anticipation Certificates, Wellstar Health System, Series 2017A

5.000

04/01/36

428,656

2,000,000

Columbia County Hospital Authority, Georgia, Revenue

Anticipation Certificates, WellStar Health System, Inc. Project,

Series 2023B

5.125

04/01/53

2,078,336

2,100,000

Columbia County Hospital Authority, Georgia, Revenue

Anticipation Certificates, WellStar Health System, Inc. Project,

Series 2023B

5.750

04/01/53

2,294,428

530,000

Dalton Development Authority, Georgia, Revenue Bonds,

Hamilton Health Care System Inc., Series 2024B

5.000

08/15/40

592,972

2,500,000

Fulton County Development Authority, Georgia, Revenue Bonds,

Piedmont Healthcare, Inc. Project, Series 2019A - BAM Insured

4.000

07/01/49

2,352,125

2,500,000

Savannah Hospital Authority, Georgia, Revenue Bonds, Saint

Joseph's/Candler Health System, Inc., Anticipation Certificate

Series 2019A

4.000

07/01/43

2,411,488

TOTAL HEALTH CARE

18,771,822

HOUSING/MULTIFAMILY - 3.0%

750,000

(a)

College Park Housing Authority, Georgia, Multifamily Housing

Revenue Bonds, Brad Blue Sky Apartments, LLC Project, Series

2025, (Mandatory Put 4/01/28)

3.450

04/01/44

759,684

3,600,000

DeKalb County Housing Authority, Georgia, Multifamily Housing

Revenue Bonds, Kensington Station Project, Series 2023

4.000

12/01/33

3,716,216

TOTAL HOUSING/MULTIFAMILY

4,475,900

Portfolio of Investments February 28, 2026

(continued)

Georgia

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

HOUSING/SINGLE FAMILY - 1.1%

1,500,000

Georgia Housing and Finance Authority, Single Family Mortgage

Bonds, Series 2025C

5.050

12/01/45

1,551,639

TOTAL HOUSING/SINGLE FAMILY

1,551,639

INDUSTRIALS - 0.2%

250,000

Savannah-Georgia Convention Center Authority, Convention

Center Hotel Third Tier Revenue Bonds (HMT Pledge), Series

2025C

5.000

06/01/37

287,557

TOTAL INDUSTRIALS

287,557

TAX OBLIGATION/GENERAL - 14.5%

2,845,000

Atlanta, Georgia, General Obligation Bonds, Public Improvement

Social Series 2022A-1

5.000

12/01/41

3,167,363

850,000

Coweta County Public Facilities Authority, Georgia, Revenue

Bonds, Coweta County Project, Series 2022

5.000

09/01/42

935,442

1,815,000

Crisp County Hospital Authority, Georgia, Revenue Anticipation

Certificates, Crisp County Hospital Project, Series 2021

4.000

07/01/46

1,754,217

1,000,000

Dougherty County School District, Georgia, General Obligation

Bonds, Series 2026

5.000

06/01/34

1,193,691

1,100,000

East Point Building Authority, Georgia, Revenue Bonds, Water &

Sewer Project, Refunding Series 2017 - AGM Insured

5.000

02/01/34

1,124,485

4,000,000

Gainesville and Hall County Hospital Authority, Georgia, Revenue

Anticipation Certificates, Northeast Georgia Health Services Inc.,

Series 2017B

5.250

02/15/45

4,053,973

1,120,000

Georgia State Road and Tollway Authority, Guaranteed Revenue

Bonds, Managed Lane System, Series 2021A

4.000

07/15/37

1,177,522

2,000,000

Georgia State Road and Tollway Authority, Guaranteed Revenue

Bonds, Managed Lane System, Series 2021A

4.000

07/15/39

2,082,879

750,000

Georgia State, General Obligation Bonds, Series 2022A

4.000

07/01/41

780,458

1,625,000

Greene County School District, Georgia, General Obligation

Bonds, Series 2023

4.000

06/01/48

1,581,384

1,000,000

Jackson County School District, Georgia, General Obligation

Bonds, School Series 2025

5.000

03/01/33

1,173,307

2,325,000

Walton County Water and Sewerage Authority, Georgia, Revenue

Bonds, Oconee-Hard Creek Reservoir Project, Series 2023

4.000

02/01/47

2,325,515

TOTAL TAX OBLIGATION/GENERAL

21,350,236

TAX OBLIGATION/LIMITED - 12.1%

1,500,000

Atlanta Development Authority, Georgia, Revenue Bonds, New

Downtown Atlanta Stadium Project, Second Lien Series 2015B

5.000

07/01/44

1,501,089

2,500,000

Atlanta Development Authority, Georgia, Revenue Bonds, New

Downtown Atlanta Stadium Project, Senior Lien Series 2015A-1

5.250

07/01/44

2,502,510

630,000

Bulloch County Public Facilities Authority, Georgia, Revenue

Bonds, Series 2025

5.000

12/15/29

695,102

750,000

Cobb-Marietta Coliseum and Exhibit Hall Authority, Georgia,

Revenue Bonds, Galleria Centre Project Series 2025

5.000

10/01/34

897,353

1,250,000

Cobb-Marietta Coliseum and Exhibit Hall Authority, Georgia,

Revenue Bonds, Galleria Centre Project Series 2025

5.000

10/01/35

1,496,459

1,000,000

Cobb-Marietta Coliseum and Exhibit Hall Authority, Georgia,

Revenue Bonds, Galleria Centre Project Series 2025

5.000

10/01/36

1,186,331

40,000

Cobb-Marietta Coliseum and Exhibit Hall Authority, Georgia,

Revenue Bonds, Refunding Series 1993 - NPFG Insured

5.625

10/01/26

40,648

30,000

Cobb-Marietta Coliseum and Exhibit Hall Authority, Georgia,

Revenue Bonds, Refunding Series 2005 - NPFG Insured

5.500

10/01/26

30,522

1,671,000

Georgia Local Governments, Certificates of Participation, Georgia

Municipal Association, Series 1998A - NPFG Insured

4.750

06/01/28

1,723,856

1,000,000

Perry Public Facilities Authority, Georgia, Revenue Bonds, City of

Perry Projects, Series 2025

4.250

04/01/54

976,733

1,225,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue

Bonds, Restructured 2018A-1

0.000

07/01/33

952,572

1,825,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue

Bonds, Restructured 2018A-1

4.500

07/01/34

1,825,415

985,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue

Bonds, Taxable Restructured Cofina Project Series 2019A-2

4.329

07/01/40

987,037

850,000

Rome Building Authority, Georgia, Revenue Bonds, Rome City

Schools Project, Series 2023

5.000

03/01/39

960,552

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/LIMITED

(continued)

975,000

Savannah Economic Development Authority, Georgia, Revenue

Bonds, Forsyth Park Parking Project, Series 2026A

5.000

08/01/54

1,033,231

1,000,000

Savannah Economic Development Authority, Georgia, Revenue

Bonds, Forsyth Park Parking Project, Series 2026A

4.500

08/01/57

1,006,291

TOTAL TAX OBLIGATION/LIMITED

17,815,701

TRANSPORTATION - 12.2%

1,000,000

Atlanta, Georgia, Airport General Revenue Bonds, Green Series

2024A-1

5.000

07/01/54

1,044,613

1,000,000

Atlanta, Georgia, Airport General Revenue Bonds, Green Series

2025B-1, (AMT)

5.500

07/01/55

1,061,759

1,190,000

Atlanta, Georgia, Airport General Revenue Bonds, Refunding

Series 2021B

4.000

07/01/38

1,229,898

2,000,000

Atlanta, Georgia, Airport General Revenue Bonds, Series 2022A

5.000

07/01/47

2,103,250

2,000,000

Atlanta, Georgia, Airport Passenger Facilities Charge and

General Revenue Bonds, Subordinate Lien Series 2019D, (AMT)

4.000

07/01/38

2,018,682

160,000

Augusta, Georgia, Airport Revenue Bonds, Refunding General

Series 2015A

5.000

01/01/32

160,194

170,000

Augusta, Georgia, Airport Revenue Bonds, Refunding General

Series 2015A

5.000

01/01/33

170,196

100,000

Augusta, Georgia, Airport Revenue Bonds, Refunding General

Series 2015A

5.000

01/01/34

100,111

150,000

Augusta, Georgia, Airport Revenue Bonds, Refunding General

Series 2015A

5.000

01/01/35

150,168

3,625,000

Georgia Ports Authority, Revenue Bonds, Series 2021

4.000

07/01/46

3,574,319

2,000,000

Georgia Ports Authority, Revenue Bonds, Series 2021

4.000

07/01/51

1,901,875

1,000,000

Georgia Ports Authority, Revenue Bonds, Series 2022

4.000

07/01/47

979,438

3,200,000

Georgia Ports Authority, Revenue Bonds, Series 2022

5.000

07/01/47

3,383,498

TOTAL TRANSPORTATION

17,878,001

U.S. GUARANTEED - 2.1% (b)

1,000,000

Atlanta, Georgia, Water and Wastewater Revenue Bonds,

Refunding Series 2017A, (Pre-refunded 11/01/27)

5.000

11/01/37

1,048,010

2,000,000

Sandy Springs Public Facilities Authority, Georgia, Revenue

Bonds, Sandy Springs City Center Project, Series 2015, (Pre-

refunded 5/01/26)

5.000

05/01/47

2,009,586

TOTAL U.S. GUARANTEED

3,057,596

UTILITIES - 31.4%

1,000,000

Bainbridge, Georgia, Combined Utilities Revenue Bonds, Series

2021 - BAM Insured

4.000

12/01/46

972,201

1,170,000

Bainbridge, Georgia, Combined Utilities Revenue Bonds, Series

2021 - BAM Insured

4.000

12/01/51

1,105,117

2,000,000

(a)

Burke County Development Authority, Georgia, Pollution Control

Revenue Bonds, Georgia Power Company, Fifth Series 1994,

(Mandatory Put 6/13/28)

3.700

10/01/32

2,048,077

1,250,000

Burke County Development Authority, Georgia, Pollution Control

Revenue Bonds, Oglethorpe Power Corporation Vogtle Project,

Series 2017C

4.125

11/01/45

1,215,424

2,010,000

Burke County Development Authority, Georgia, Pollution Control

Revenue Bonds, Oglethorpe Power Corporation Vogtle Project,

Series 2017D

4.125

11/01/45

1,954,402

2,000,000

Cartersville, Georgia, Water and Sewer Revenue Bonds, Series

2018

5.000

06/01/48

2,037,874

1,000,000

Dalton, Georgia, Combined Utilities Revenue Bonds, Series 2020

4.000

03/01/41

1,005,741

1,150,000

DeKalb County, Georgia, Water and Sewerage Revenue Bonds,

Refunding Series 2006B - AGM Insured

5.250

10/01/32

1,169,833

3,850,000

DeKalb County, Georgia, Water and Sewerage Revenue Bonds,

Second Resolution Series 2022

5.000

10/01/47

4,060,254

3,000,000

DeKalb County, Georgia, Water and Sewerage Revenue Bonds,

Second Resolution Series 2022

5.000

10/01/52

3,124,489

3,000,000

Georgia Municipal Electric Authority, Plant Vogtle Units 3 & 4

Project P Bonds, Series 2019B

5.000

01/01/48

3,017,071

2,630,000

Main Street Natural Gas Inc., Georgia, Gas Project Revenue

Bonds, Series 2007A

5.500

09/15/27

2,730,399

Portfolio of Investments February 28, 2026

(continued)

Georgia

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund’s investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

UTILITIES

(continued)

500,000

Main Street Natural Gas Inc., Georgia, Gas Supply Revenue

Bonds, Series 2019A

4.000

05/15/39

500,583

1,750,000

Main Street Natural Gas Inc., Georgia, Gas Supply Revenue

Bonds, Series 2019A

5.000

05/15/43

1,793,035

1,000,000

Main Street Natural Gas Inc., Georgia, Gas Supply Revenue

Bonds, Series 2024E

5.000

12/01/32

1,099,394

2,000,000

(a)

Main Street Natural Gas Inc., Georgia, Gas Supply Revenue

Bonds, Series 2025B, (Mandatory Put 12/01/35)

5.000

12/01/55

2,181,731

3,500,000

Monroe, Georgia, Combined Utilities Revenue Bonds, Series

2020 - AGM Insured

4.000

12/01/50

3,327,693

3,500,000

Municipal Electric Authority of Georgia, Project One Revenue

Bonds, Subordinate Lien Series 2015A

0.000

01/01/32

2,884,679

2,000,000

Municipal Electric Authority of Georgia, Project One Revenue

Bonds, Subordinate Lien Series 2020A

5.000

01/01/45

2,071,213

2,500,000

Municipal Electric Authority of Georgia, Project One Revenue

Bonds, Subordinate Lien Series 2020A

5.000

01/01/50

2,539,941

1,255,000

Municipal Electric Authority of Georgia, Project One Revenue

Bonds, Subordinate Series 2024A - BAM Insured

5.250

01/01/54

1,315,209

750,000

Springfield, Georgia, Water and Sewer Revenue Bonds, Series

2025

4.500

09/01/55

752,981

2,000,000

Upper Oconee Basin Water Authority, Georgia, Water Revenue

Bonds, Series 2024

5.000

07/01/55

2,101,586

1,045,000

Walton County Water and Sewerage Authority, Georgia, Revenue

Bonds, Walton-Hard Labor Creek Reservoir Water Treatment

Facility Project, Series 2022

5.000

02/01/53

1,088,463

TOTAL UTILITIES

46,097,390

TOTAL MUNICIPAL BONDS

(Cost $142,135,701)

144,049,203

TOTAL LONG-TERM INVESTMENTS

(Cost $142,135,701)

144,049,203

OTHER ASSETS & LIABILITIES, NET - 1.9%

2,740,788

NET ASSETS - 100%

146,789,991

AMT

Alternative Minimum Tax

(a)

Floating or variable rate security includes the reference rate and spread, when applicable. For mortgage-backed or asset-backed

securities the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

(b)

Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely

payment of principal and interest.

them:

Georgia

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Municipal Bonds

–

144,049,203

–

144,049,203

Total

–

144,049,203

–

144,049,203

Portfolio of Investments February 28, 2026

Louisiana

(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM INVESTMENTS - 98.3%

217,090,779

MUNICIPAL BONDS - 98.3%

–

CONSUMER DISCRETIONARY - 0.5%

1,000,000

Virgin Islands Hotel Development Financing Corporation, Hotel

Revenue Bonds Frenchmanas Reef Hotel Acquisition Project,

Senior Lien Series 2025A-1

6.000

12/01/55

1,004,167

TOTAL CONSUMER DISCRETIONARY

1,004,167

CONSUMER STAPLES - 1.3%

1,000,000

Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco

Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien

Series 2020A-2 Class 1

3.000

06/01/48

726,779

585,000

Guam Economic Development & Commerce Authority, Tobacco

Settlement Asset-Backed Bonds, Series 2007A

5.250

06/01/32

579,585

315,000

New York Counties Tobacco Trust VI, New York, Tobacco

Settlement Pass-Through Bonds, Turbo Term Series 2016A.

Including 2016A-1, 2016A-2A and 2016A-2B

5.000

06/01/45

278,641

165,000

Tobacco Settlement Financing Corporation, New Jersey, Tobacco

Settlement Asset-Backed Bonds, Series 2018B

5.000

06/01/46

163,486

1,160,000

TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006

5.000

06/01/48

1,069,219

TOTAL CONSUMER STAPLES

2,817,710

EDUCATION AND CIVIC ORGANIZATIONS - 24.4%

1,025,000

(a)

Jefferson Parish Economic Development and Port District,

Louisiana, Kenner Discovery Health Sciences Academy Project,

Series 2018A

5.500

06/15/38

1,037,466

1,500,000

(a)

Jefferson Parish Economic Development and Port District,

Louisiana, Kenner Discovery Health Sciences Academy Project,

Series 2018A

5.625

06/15/48

1,487,788

815,000

Lafayette Public Trust Financing Authority, Louisiana, Revenue

Bonds, Ragin' Cajun Facilities Inc. Project, Refunding Series 2012

- AGM Insured

5.000

10/01/27

816,581

500,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Ragin' Cajun Facilities Inc.- Athletic Facilities Project, Refunding

Series 2021 - AGM Insured

4.000

10/01/40

507,064

720,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Ragin' Cajun Facilities Inc.- Athletic Facilities Project, Refunding

Series 2021 - AGM Insured

4.000

10/01/42

723,661

3,000,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Ragin' Cajun Facilities Inc.- Student Housing & Parking Project,

Series 2018 - AGM Insured

5.000

10/01/48

3,023,154

1,030,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Ragin' Cajun Facilities Inc.- Student Union/University Facilities

Project, Series 2021 - AGM Insured

4.000

10/01/39

1,063,793

750,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Ragin Cajun Facilities, Inc. - Lewis Street Parking Garage Project,

Refunding Series 2021 - AGM Insured

4.000

10/01/42

753,813

1,000,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Revenue Bonds, Louisiana

Tech University Student Housing/Innovative Student Facilities Inc.

Project, Series 2016A

4.000

10/01/46

961,689

500,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Revenue Bonds, McNeese

State University Student Parking - Cowboy Facilities, Inc. Project,

Refunding Series 2021

3.000

03/01/33

492,726

1,200,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Revenue Bonds, McNeese

State University Student Parking - Cowboy Facilities, Inc. Project,

Refunding Series 2021

3.000

03/01/37

1,104,744

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

EDUCATION AND CIVIC ORGANIZATIONS

(continued)

1,270,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Revenue Bonds, McNeese

State University Student Parking - Cowboy Facilities, Inc. Project,

Refunding Series 2021

3.000

03/01/39

1,106,925

1,000,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Revenue Bonds, McNeese

State University Student Parking - Cowboy Facilities, Inc. Project,

Refunding Series 2021

3.000

03/01/42

814,986

2,385,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Revenue Bonds, Nicholls

State University Student Recreation Center/NSU Facilities

Corporation Project, Refunding Series 2021

4.000

10/01/38

2,264,386

2,000,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Revenue Bonds, Ragin'

Cajun Facilities Inc.- Student Housing & Parking Project, Series

2017 - AGM Insured

5.000

10/01/39

2,039,398

1,500,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Revenue Bonds,

Southeastern Louisiana University student Housing/University

Facilities Project, Series 2017 - AGM Insured

5.000

08/01/42

1,527,734

1,300,000

(a)

Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds,

Lake Charles College Prep Project, Series 2019A

5.000

06/01/39

1,303,705

220,000

Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds,

Tulane University, Refunding Series 2017A

5.000

12/15/30

229,887

1,680,000

(a)

Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds,

Young Audiences Charter School, Series 2019A

5.000

04/01/39

1,653,164

1,000,000

(a)

Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds,

Young Audiences Charter School, Series 2019A

5.000

04/01/57

854,789

200,000

Louisiana Public Facilities Authority, Lease Revenue Bonds,

Provident Group-Flagship Properties LLC - Louisiana State

University GreenHouse District Phase II Project, Series 2017

5.000

07/01/42

202,685

2,365,000

Louisiana Public Facilities Authority, Lease Revenue Bonds,

Provident Group-Flagship Properties LLC - Louisiana State

University GreenHouse District Phase III Project, Series 2019A -

BAM Insured

4.000

07/01/54

2,185,552

4,510,000

Louisiana Public Facilities Authority, Lease Revenue Bonds,

Provident Group-Flagship Properties LLC - Louisiana State

University GreenHouse District Phase III Project, Series 2019A -

BAM Insured

5.000

07/01/59

4,515,098

6,000,000

Louisiana Public Facilities Authority, Lease Revenue Bonds,

Provident Group-Flagship Properties LLC - Louisiana State

University Nicolson Gateway Project, Series 2016A

5.000

07/01/51

5,999,957

500,000

(a)

Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Jefferson Rise Charter School Project, Series 2022A

6.250

06/01/52

502,986

540,000

(a)

Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Jefferson Rise Charter School Project, Series 2022A

6.375

06/01/62

542,902

2,000,000

(a)

Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Lake Charles Charter Academy Foundation Project, Refunding

Series 2024A

5.000

12/15/43

2,001,475

270,000

(a)

Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Lincoln Preparatory School Project, Series 2022A

6.500

06/01/62

248,296

1,275,000

Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Loyola University of New Orleans Project, Refunding Series 2021

4.000

10/01/40

1,224,815

20,000

Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Loyola University of New Orleans Project, Refunding Series 2021

4.000

10/01/41

18,966

1,850,000

Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Loyola University of New Orleans Project, Refunding Series 2021

4.000

10/01/51

1,540,082

2,000,000

Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Loyola University of New Orleans Project, Refunding Series

2023A

5.250

10/01/48

2,010,916

250,000

Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Loyola University of New Orleans Project, Series 2023A

5.000

10/01/27

257,113

250,000

Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Loyola University of New Orleans Project, Series 2023A

5.000

10/01/28

260,834

Portfolio of Investments February 28, 2026

(continued)

Louisiana

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

EDUCATION AND CIVIC ORGANIZATIONS

(continued)

3,000,000

Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Tulane University, Refunding Series 2023A

5.000

10/15/48

3,134,963

1,000,000

(b)

Louisiana Public Facilities Authority, Revenue Bonds, Archdiocese

of New Orleans, Refunding Series 2017

5.000

07/01/37

415,000

2,835,000

Louisiana Public Facilities Authority, Revenue Bonds, Loyola

University Project, Refunding Series 2017

5.250

10/01/31

3,097,688

2,040,000

Louisiana Public Facilities Authority, Revenue Bonds, Loyola

University Project, Refunding Series 2017

5.250

10/01/46

2,066,406

TOTAL EDUCATION AND CIVIC ORGANIZATIONS

53,993,187

ENERGY - 1.5%

2,000,000

(a),(c)

Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics,

L.P. Project, Series 2008, (Mandatory Put 6/01/30)

6.100

06/01/38

2,229,114

610,000

(a)

Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics,

L.P. Project, Series 2010

6.350

07/01/40

674,909

205,000

(a),(c)

Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics,

L.P. Project, Series 2010B, (Mandatory Put 6/01/30)

6.100

12/01/40

228,646

100,000

(c)

Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics,

L.P. Project, Series 2011, (Mandatory Put 6/01/30)

3.700

08/01/41

102,927

TOTAL ENERGY

3,235,596

HEALTH CARE - 14.4%

715,000

Calcasieu Parish Memorial Hospital Service District, Louisiana,

Revenue Bonds, Lake Charles Memorial Hospital, Refunding

Series 2019

5.000

12/01/34

733,042

390,000

Colorado Health Facilities Authority, Colorado, Revenue Bonds,

CommonSpirit Health, Series 2019A-2

5.000

08/01/39

407,969

420,000

Illinois Finance Authority, Revenue Bonds, Ascension Health

Alliance, Series 2016C

5.000

02/15/36

428,514

2,000,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Womans Hospital Foundation Project, Refunding Series 2017A

4.000

10/01/41

1,983,744

3,000,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Womans Hospital Foundation Project, Refunding Series 2017A

5.000

10/01/41

3,063,936

3,000,000

Louisiana Public Facilities Authority, Hospital Revenue Bonds,

Franciscan Missionaries of Our Lady Health System, Series 2017A

5.000

07/01/47

3,021,155

3,000,000

Louisiana Public Facilities Authority, Hospital Revenue Bonds,

Louisiana Children's Medical Center Hospital, Series 2015A-1.

Fixed Rate Mode

5.000

06/01/45

3,056,902

300,000

Louisiana Public Facilities Authority, Hospital Revenue Bonds,

Louisiana Children's Medical Center Hospital, Series 2020A

4.000

06/01/50

260,402

3,245,000

Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Christus Health, Refunding Series 2019A

5.000

07/01/43

3,362,102

2,200,000

Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Ochsner Clinic Foundation Project, Refunding Series 2025A

5.250

05/15/55

2,306,005

3,980,000

Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Ochsner Clinic Foundation Project, Refunding Series 2025A

5.500

05/15/55

4,251,891

200,000

Louisiana Public Facilities Authority, Revenue Bonds, Ochsner

Clinic Foundation Project, Series 2015

5.000

05/15/47

200,083

310,000

Puerto Rico Industrial, Tourist, Educational, Medical and

Environmental Control Facilities Financing Authority, Hospital

Revenue Bonds, (Hospital Auxilio Mutuo Obligated Group

Project, Refunding Series 2021

5.000

07/01/31

337,610

1,000,000

Puerto Rico Industrial, Tourist, Educational, Medical and

Environmental Control Facilities Financing Authority, Hospital

Revenue Bonds, (Hospital Auxilio Mutuo Obligated Group

Project, Refunding Series 2021

5.000

07/01/32

1,084,494

1,715,000

Saint Tammany Parish Hospital Service District 1, Louisiana,

Hospital Revenue Bonds, St. Tammany Parish Hospital Project,

Refunding Series 2018A

5.000

07/01/36

1,786,193

1,400,000

Saint Tammany Parish Hospital Service District 1, Louisiana,

Hospital Revenue Bonds, St. Tammany Parish Hospital Project,

Refunding Series 2018A

5.000

07/01/37

1,454,489

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

HEALTH CARE

(continued)

1,000,000

Saint Tammany Parish Hospital Service District 1, Louisiana,

Hospital Revenue Bonds, St. Tammany Parish Hospital Project,

Refunding Series 2018A

4.000

07/01/43

987,098

1,000,000

Tangipahoa Parish Hospital Service District 1, Louisiana, Hospital

Revenue Bonds, North Oaks Health System Project, Refunding

Series 2021

4.000

02/01/39

1,012,766

2,000,000

Terrebonne Parish Hospital Service District 1, Louisiana, Hospital

Revenue Bonds, Terrebonne General Medical Center, Refunding

Series 2026

5.500

04/01/55

2,143,918

TOTAL HEALTH CARE

31,882,313

HOUSING/MULTIFAMILY - 1.2%

1,775,000

Louisiana Housing Finance Agency, Multifamily Housing Revenue

Bonds, Mallard Crossings Apartments, Series 2011

4.750

10/01/29

1,776,998

1,000,000

(a)

Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds,

Provident Group - HSC Properties Inc - LSU Health Foundation,

New Orleans Project, Senior Lien Series 2020A-1

5.500

01/01/50

769,383

TOTAL HOUSING/MULTIFAMILY

2,546,381

HOUSING/SINGLE FAMILY - 2.2%

750,000

Capital Area Finance Authority, Louisiana, Single Family

Mortgage Revenue Bonds, Series 2025B

5.050

10/01/55

760,332

1,125,000

Louisiana Housing Corporation, Single Family Mortgage Revenue

Bonds, Home Ownership Program, Series 2020B

3.500

06/01/50

1,130,347

1,905,000

Louisiana Housing Corporation, Single Family Mortgage Revenue

Bonds, Home Ownership Program, Series 2021D

3.250

06/01/52

1,906,062

1,075,000

Louisiana Housing Corporation, Single Family Mortgage Revenue

Bonds, Home Ownership Program, Series 2024A

4.650

12/01/54

1,077,723

TOTAL HOUSING/SINGLE FAMILY

4,874,464

INDUSTRIALS - 5.3%

470,000

(a)

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Cameron Parish GOMESA Project, Green Series 2018

5.650

11/01/37

495,502

2,835,000

(a)

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Jefferson Parish GOMESA Project, Series 2019

4.000

11/01/44

2,724,275

900,000

(a)

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

New Orleans GOMESA Project, Series 2021

4.000

11/01/46

836,899

2,000,000

(a)

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Saint Bernard Parish GOMESA Project, Series 2025

5.125

11/01/50

2,018,978

70,000

(a)

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Saint John the Baptist Parish GOMESA Project, Series 2019

3.900

11/01/44

66,374

1,025,000

(a)

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Saint Martin Parish GOMESA Project, Series 2019

4.400

11/01/44

1,027,341

1,020,000

(a)

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Saint Mary Parish GOMESA Project, Series 2019

4.400

11/01/44

1,022,584

1,680,000

(a)

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Saint Tammany Parish GOMESA Project, Series 2020

3.875

11/01/45

1,555,222

100,000

(a)

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Terrebonne Parish GOMESA Project, Series 2018

5.375

11/01/38

104,501

300,000

(a)

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Terrebonne Parish GOMESA Project, Series 2018

5.500

11/01/39

313,737

1,275,000

(a)

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Vermilion Parish GOMESA Project, Green Series 2019

4.625

11/01/38

1,308,311

1,000,000

(a),(b)

Louisiana Public Facilities Authority, Solid Waste Disposal Facility

Revenue Bonds, Lousiana Pellets Inc Project, Series 2015, (AMT)

7.000

07/01/26

Portfolio of Investments February 28, 2026

(continued)

Louisiana

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

INDUSTRIALS

(continued)

250,000

(a)

Saint Paul Port Authority, Minnesota, Solid Waste Disposal

Revenue Bonds, Gerdau Saint Paul Steel Mill Project, Series 2012-

7, (AMT)

4.500

10/01/37

250,012

TOTAL INDUSTRIALS

11,723,746

LONG-TERM CARE - 1.4%

850,000

(a)

Louisiana Local Government Environmental Facilities and

Community Development Authority, Revenue Bonds, Christwood

Project, Refunding Series 2024

5.250

11/15/59

809,936

2,800,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Revenue Bonds, The Glen

Retirement System Project, Series 2019A

5.000

01/01/49

2,216,262

TOTAL LONG-TERM CARE

3,026,198

TAX OBLIGATION/GENERAL - 9.1%

1,055,000

Calcasieu Parish School District 23, Louisiana, General Obligation

Bonds, Public School Improvement Series 2019 - BAM Insured

4.000

09/01/37

1,082,815

1,600,000

Calcasieu Parish School District 23, Louisiana, General Obligation

Bonds, Public School Improvement Series 2019 - BAM Insured

4.000

09/01/38

1,634,906

265,000

Cameron Parish School District 15, Louisiana, General Obligtion

Bonds, Series 2021

4.000

10/01/37

271,381

350,000

Cameron Parish School District 15, Louisiana, General Obligtion

Bonds, Series 2021

4.000

10/01/39

356,756

425,000

Cameron Parish School District 15, Louisiana, General Obligtion

Bonds, Series 2021

4.000

10/01/40

432,047

1,125,000

Central Community School System, East Baton Rouge Parish,

Louisiana, General Obligation Bonds, Series 2020

4.000

03/01/39

1,149,576

545,000

Livingston Parish School District 1, Louisiana, General Obligation

Bonds, Series 2021 - BAM Insured

4.000

05/01/39

558,381

1,000,000

Livingston Parish School District 1, Louisiana, General Obligation

Bonds, Series 2021 - BAM Insured

4.000

05/01/41

1,018,368

980,000

Louisiana State, General Obligation Bonds, Series 2021A

5.000

03/01/41

1,053,118

2,000,000

New Orleans, Louisiana, General Obligation Bonds, Public

Improvement Series 2021A - BAM Insured

5.000

12/01/46

2,065,189

125,000

New Orleans, Louisiana, General Obligation Bonds, Refunding

Series 2015

5.000

12/01/27

125,209

1,835,000

New Orleans, Louisiana, General Obligation Bonds, Refunding

Series 2022

5.250

12/01/38

2,042,165

1,125,000

(d)

Saint John Baptist Parish, Louisiana, General Obligation Bonds,

Series 2026

5.000

03/01/45

1,213,047

1,800,000

Saint Tammany Parish Hospital Service District 2, Louisiana,

General Obligation Bonds, Series 2025 - BAM Insured

5.000

03/01/41

1,972,837

2,155,000

Saint Tammany Parish Hospital Service District 2, Louisiana,

General Obligation Bonds, Series 2025 - BAM Insured

5.000

03/01/42

2,338,516

1,305,000

Saint Tammany Parish Hospital Service District 2, Louisiana,

Hospital Revenue Bonds, Series 2021 - BAM Insured

4.000

03/01/38

1,348,793

1,430,000

Saint Tammany Parish Hospital Service District 2, Louisiana,

Hospital Revenue Bonds, Series 2021 - BAM Insured

4.000

03/01/40

1,467,067

TOTAL TAX OBLIGATION/GENERAL

20,130,171

TAX OBLIGATION/LIMITED - 11.8%

170,000

Government of Guam, Business Privilege Tax Bonds, Refunding

Series 2015D

4.000

11/15/39

164,721

3,000,000

Jefferson Sales Tax District, Jefferson Parish, Louisiana, Special

Sales Tax Revenue Bonds, Series 2017B - AGM Insured

5.000

12/01/42

3,067,582

2,000,000

Jefferson Sales Tax District, Jefferson Parish, Louisiana, Special

Sales Tax Revenue Bonds, Series 2019B - AGM Insured

4.000

12/01/38

2,036,694

3,000,000

Jefferson Sales Tax District, Jefferson Parish, Louisiana, Special

Sales Tax Revenue Bonds, Series 2019B - AGM Insured

4.000

12/01/39

3,043,057

1,575,000

Juban Crossing Economic Development District, Louisiana,

Revenue Bonds, General Infrastructure Projects, Subordinate Lien

Series 2025C

6.000

09/15/55

1,631,822

1,000,000

(a)

Juban Trails Community Development District, Livingston Parish,

Louisiana, Special Assessment Revenue Bonds, Series 2022

4.250

06/01/51

857,459

1,000,000

Lakeshore Villages Master Community Development District,

Louisiana, Special Assessment Revenue Bonds, Series 2022

5.500

06/01/52

1,022,430

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/LIMITED

(continued)

2,325,000

Louisiana Stadium and Exposition District, Revenue Bonds,

Senior Series 2023A

5.000

07/01/48

2,424,647

1,735,000

Louisiana Stadium and Exposition District, Revenue Bonds,

Senior Series 2023A

5.250

07/01/53

1,814,697

725,000

Louisiana State Correctional Facilities Corporation, Lease

Revenue Bonds, Correctional Institution for Women Series 2023

4.000

10/01/41

736,228

1,000,000

Louisiana State Correctional Facilities Corporation, Lease

Revenue Bonds, Correctional Institution for Women Series 2023

4.000

10/01/43

1,004,344

1,435,000

Louisiana State Correctional Facilities Corporation, Lease

Revenue Bonds, Office of Juvenile Justice Project, Series 2021

4.000

10/01/38

1,461,592

1,305,000

Louisiana State Correctional Facilities Corporation, Lease

Revenue Bonds, Office of Juvenile Justice Project, Series 2021

4.000

10/01/40

1,317,399

3,505,000

Louisiana State, Gasoline and Fuels Tax Revenue Bonds,

Refunding Second Lien Series 2024A

4.000

05/01/44

3,512,256

160,000

Matching Fund Special Purpose Securitization Corporation,

Virgin Islands, Revenue Bonds, Series 2022A

5.000

10/01/39

169,654

365,000

(a)

Public Finance Authority of Wisconsin, Limited Obligation PILOT

Revenue Bonds, American Dream @ Meadowlands Project, Series

2017

5.000

12/01/27

284,700

344,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue

Bonds, Restructured 2018A-1

0.000

07/01/46

123,740

750,000

Saint Charles Parish School Board, Louisiana, Sales & Use Tax

Bonds, Series 2019

4.000

08/01/37

770,086

680,000

Saint Charles Parish School Board, Louisiana, Sales & Use Tax

Bonds, Series 2019

4.000

08/01/39

693,415

TOTAL TAX OBLIGATION/LIMITED

26,136,523

TRANSPORTATION - 12.6%

2,000,000

Board of Commissioners of the Port of New Orleans Port Facility

Revenue Bonds, Louisiana, Series 2020 D (Non-AMT) and Series

2020E (AMT)

5.000

04/01/50

2,042,139

785,000

Colorado High Performance Transportation Enterprise, C-470

Express Lanes Revenue Bonds, Senior Lien Series 2017

5.000

12/31/51

784,960

1,085,000

Greater New Orleans Expressway Commission, Louisiana, Toll

Revenue Bonds, Subordinate Lien Refunding Series 2025

5.000

11/01/46

1,146,967

100,000

Guam A.B. Won Pat International Airport Authority, Revenue

Bonds, Series 2024A, (AMT)

5.000

10/01/34

111,557

100,000

Guam A.B. Won Pat International Airport Authority, Revenue

Bonds, Series 2024A, (AMT)

5.250

10/01/35

113,115

175,000

Guam A.B. Won Pat International Airport Authority, Revenue

Bonds, Series 2024A, (AMT)

5.250

10/01/37

195,505

100,000

Guam A.B. Won Pat International Airport Authority, Revenue

Bonds, Series 2024A, (AMT)

5.250

10/01/38

110,935

100,000

Guam A.B. Won Pat International Airport Authority, Revenue

Bonds, Series 2024A, (AMT)

5.250

10/01/39

110,227

100,000

Guam A.B. Won Pat International Airport Authority, Revenue

Bonds, Series 2024A, (AMT)

5.250

10/01/40

109,430

5,465,000

Louisiana Publics Facilities Authority, Louisiana, Revenue Bonds,

I-10 Calcasieu River Bridge Public-Private Partnership Project,

Senior Lien Series 2024, (AMT)

5.000

09/01/66

5,316,606

200,000

New Orleans Aviation Board, Louisiana, General Airport Revenue

Bonds, Gilf Opportunity Zone Project, Refunding Series 2019

4.000

01/01/37

203,496

1,000,000

New Orleans Aviation Board, Louisiana, General Airport Revenue

Bonds, Gilf Opportunity Zone Project, Refunding Series 2019

4.000

01/01/38

1,014,983

1,015,000

New Orleans Aviation Board, Louisiana, General Airport Revenue

Bonds, Gilf Opportunity Zone Project, Refunding Series 2019

4.000

01/01/39

1,028,115

1,880,000

New Orleans Aviation Board, Louisiana, General Airport Revenue

Bonds, North Terminal Project, Series 2017B, (AMT)

5.000

01/01/48

1,884,629

1,000,000

New Orleans Aviation Board, Louisiana, General Airport Revenue

Bonds, Series 2024C-2, (AMT)

5.250

01/01/49

1,040,346

1,250,000

New Orleans Aviation Board, Louisiana, General Airport Revenue

Bonds, Series 2024C-2, (AMT)

5.250

01/01/51

1,293,678

Portfolio of Investments February 28, 2026

(continued)

Louisiana

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TRANSPORTATION

(continued)

1,800,000

New Orleans Aviation Board, Louisiana, Special Facility Revenue

Bonds, Parking Facilities Corporation Consolidated Garage

System, Series 2018A - AGM Insured

5.000

10/01/43

1,851,462

840,000

New York Transportation Development Corporation, New

York, Special Facilities Bonds, LaGuardia Airport Terminal B

Redevelopment Project, Series 2016A, (AMT)

5.000

07/01/46

840,334

1,115,000

New York Transportation Development Corporation, New York,

Special Facility Revenue Bonds, John F Kennedy International

Airport Terminal One Project, Green Series 2025, (AMT)

6.000

06/30/59

1,190,061

500,000

(a)

Plaquemines Port, Louisiana, Harbor and Terminal District

Facilities Revenue Bonds NOLA Terminal LLC Project Dock and

Wharf Series 2024A

9.000

12/01/44

442,632

4,000,000

Port New Orleans Board of Commissioners, Louisiana, Revenue

Bonds, Port Facilities, AMT Series 2025B, (AMT)

5.500

04/01/54

4,229,655

2,750,000

Port New Orleans Board of Commissioners, Louisiana, Revenue

Bonds, Port Facilities, Refunding Series 2018B - AGM Insured,

(AMT)

5.000

04/01/45

2,780,889

TOTAL TRANSPORTATION

27,841,721

U.S. GUARANTEED - 0.2% (e)

85,000

Illinois Finance Authority, Revenue Bonds, Ascension Health

Alliance, Series 2016C, (Pre-refunded 2/15/27)

5.000

02/15/36

87,276

355,000

Louisiana Public Facilities Authority, Louisiana, Revenue Bonds,

Tulane University, Refunding Series 2020A, (Pre-refunded

4/01/30)

4.000

04/01/50

376,240

TOTAL U.S. GUARANTEED

463,516

UTILITIES - 12.4%

1,665,000

East Baton Rouge Sewerage Commission, Louisiana, Revenue

Bonds, Refunding Series 2019A

4.000

02/01/45

1,666,868

505,000

Guam Government Waterworks Authority, Water and Wastewater

System Revenue Bonds, Refunding Series 2024A

5.000

07/01/35

576,640

1,000,000

Guam Government Waterworks Authority, Water and Wastewater

System Revenue Bonds, Series 2020A

5.000

01/01/50

1,020,661

1,150,000

Guam Government Waterworks Authority, Water and Wastewater

System Revenue Bonds, Series 2025A

5.500

07/01/55

1,208,793

535,000

Guam Power Authority, Revenue Bonds, Refunding Series 2024A

5.000

10/01/39

589,885

1,750,000

Lafourche Parish Water District 1, Louisiana, Water Revenue

Bonds, Series 2025

4.375

01/01/50

1,714,203

1,525,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

East Baton Rouge Sewerage Commission Projects, Refunding

Subordinate Lien Series 2024 - BAM Insured

5.000

02/01/41

1,679,268

1,000,000

Louisiana Local Government Environmental Facilities and

Community Development Authority, Louisiana, Revenue Bonds,

Entergy Lousiana, LLC Project, Refunding Series 2021B

2.500

04/01/36

897,168

7,315,000

Louisiana Public Facilities Authority, Revenue Bonds, Cleco Power

LLC Project, Series 2008

4.250

12/01/38

7,317,369

1,085,000

New Orleans, Louisiana, Sewerage Service Revenue Bonds,

Series 2020B

5.000

06/01/45

1,117,744

1,000,000

New Orleans, Louisiana, Sewerage Service Revenue Bonds,

Series 2020B

4.000

06/01/50

893,905

1,000,000

Ohio Water Development Authority, Pollution Control Revenue

Refunding Bonds, FirstEnergy Nuclear Generating Corporation

Project, Series 2009A

4.750

06/01/33

1,070,482

1,505,000

Pineville, Louisiana, Utility Revenue Bonds, Series 2022 - BAM

Insured

4.000

05/01/42

1,536,854

1,000,000

Pineville, Louisiana, Utility Revenue Bonds, Series 2022 - BAM

Insured

4.000

05/01/47

979,437

365,000

Shreveport, Louisiana, Water and Sewer Revenue Bonds, Junior

Lien Series 2019B - AGM Insured

4.000

12/01/49

336,592

1,500,000

Shreveport, Louisiana, Water and Sewer Revenue Bonds,

Refunding Series 2020B

3.000

12/01/50

1,085,997

2,000,000

Shreveport, Louisiana, Water and Sewer Revenue Bonds, Series

2016B - BAM Insured

5.000

12/01/41

2,014,284