| Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
| Long-Term Investments 102.8% | |||||
| Municipal Bonds 100.4% | |||||
| Alabama 3.9% | |||||
| Black Belt Energy Gas District, | |||||
| Revenue, Gas Project No. 7, Series C-1, (Mandatory Put Date 12/01/26) | 4.000 %(cc) | 10/01/52 | 2,120 | $2,119,646 | |
| Revenue, Gas Project, Series E, (Mandatory Put Date 06/01/28) | 5.000(cc) | 05/01/53 | 2,000 | 2,093,809 | |
| Revenue, Project No. 5, Series A-1, (Mandatory Put Date 10/01/26) | 4.000(cc) | 10/01/49 | 1,000 | 1,007,580 | |
| Revenue, Project No. 8, Series A, (Mandatory Put Date 12/01/29) | 4.000(cc) | 12/01/52 | 1,440 | 1,415,449 | |
| Revenue, Series D1, Rfdg., (Mandatory Put Date 06/01/27) | 4.000(cc) | 07/01/52 | 500 | 503,806 | |
| Selma Industrial Development Board, Revenue, International Paper Co. Project, Series A, Rfdg., (Mandatory Put Date 06/16/25) | 1.375(cc) | 05/01/34 | 400 | 386,368 | |
| Southeast Alabama Gas Supply District, Revenue, Project No. 2, Series A, (Mandatory Put Date 06/01/24) | 4.000(cc) | 06/01/49 | 1,135 | 1,135,789 | |
| Southeast Energy Authority, A Cooperative District, Revenue, Project No. 5, Series A | 5.000 | 07/01/24 | 350 | 352,111 | |
| 9,014,558 | |||||
| Alaska 1.1% | |||||
| Alaska Industrial Development & Export Authority, Revenue, Tanana Chiefs Conference Project, Series A | 5.000 | 10/01/29 | 1,000 | 1,085,542 | |
| Northern Tobacco Securitization Corp., Revenue, Senior Series A, Class 1, Rfdg. | 5.000 | 06/01/28 | 1,350 | 1,458,066 | |
| 2,543,608 | |||||
| Arizona 2.8% | |||||
| Arizona Health Facilities Authority, Revenue, Banner Health, Series B | 4.970(cc) | 01/01/37 | 2,500 | 2,299,887 | |
| Arizona Industrial Development Authority, Revenue, Phoenix Children’s Hospital Project, Series A | 5.000 | 02/01/27 | 325 | 347,373 | |
| Chandler Industrial Development Authority, Revenue, Intel Corp., AMT, (Mandatory Put Date 06/03/24) | 5.000(cc) | 06/01/49 | 1,190 | 1,192,618 | |
| Industrial Development Authority of the City of Phoenix, Revenue, Great Hearts Academies Project | 3.750 | 07/01/24 | 105 | 105,057 | |
| Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
| Municipal Bonds (Continued) | |||||
| Arizona (cont’d.) | |||||
| Maricopa County Industrial Development Authority, | |||||
| Revenue, Horizon Community Learning Center Project, Rfdg. | 4.000 % | 07/01/26 | 980 | $967,044 | |
| Revenue, Reid Traditional Schools Project | 4.000 | 07/01/26 | 310 | 309,492 | |
| Salt Verde Finance Corp., Revenue, National Gas Utility, Senior Lien | 5.250 | 12/01/26 | 1,275 | 1,319,461 | |
| 6,540,932 | |||||
| California 4.3% | |||||
| California Community Choice Financing Authority, Revenue, Green Bond Project, Series B-2, (Mandatory Put Date 08/01/31) | 4.320(cc) | 02/01/52 | 1,000 | 893,656 | |
| California Infrastructure & Economic Development Bank, | |||||
| Revenue, J. Paul Getty Trust, Series B-1, Rfdg. | 0.390(cc) | 10/01/47 | 1,000 | 1,000,000 | |
| Revenue, Sustainability Bond Academy of Sciences, Series B, Rfdg., (Mandatory Put Date 08/01/24) | 4.220(cc) | 08/01/47 | 2,500 | 2,503,980 | |
| California Municipal Finance Authority, | |||||
| Revenue, American Heritage Foundation, Series A, Rfdg. | 4.000 | 06/01/26 | 195 | 193,270 | |
| Revenue, Chevron USA Recovery Zone Bonds, Series A, FRDD | 3.700(cc) | 11/01/35 | 2,200 | 2,200,000 | |
| California Pollution Control Financing Authority, | |||||
| Revenue, Green Bond Project, AMT, 144A | 7.000 | 07/01/22^(d) | 250 | 40,000 | |
| Revenue, Waste Management, Inc. Project, Series A, (Mandatory Put Date 05/01/24) | 2.500(cc) | 11/01/38 | 1,000 | 994,741 | |
| California School Finance Authority, | |||||
| Revenue, Alliance College Ready Public Schools, Series A, Rfdg., 144A | 4.000 | 07/01/24 | 270 | 270,047 | |
| Revenue, Green Dot Public School Project, Series A, 144A | 4.000 | 08/01/25 | 315 | 314,446 | |
| Revenue, KIPP Project, Series A, 144A | 3.625 | 07/01/25 | 175 | 174,528 | |
| Long Beach Bond Finance Authority, Revenue, Natural Gas, Series B | 5.230(cc) | 11/15/27 | 700 | 698,467 | |
| Sanger Unified School District, | |||||
| Capital Projects, Rfdg., COP, AGM | 5.000 | 06/01/52 | 690 | 691,651 | |
| Capital Projects, Rfdg., COP, AGM | 5.000 | 06/01/52 | 60 | 60,035 | |
| 10,034,821 | |||||
| Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
| Municipal Bonds (Continued) | |||||
| Colorado 3.9% | |||||
| City & County of Denver Airport System, | |||||
| Revenue, Series A, AMT, Rfdg. | 5.000 % | 11/15/29 | 2,500 | $2,756,627 | |
| Revenue, Sub-Series B, AMT, Rfdg. | 5.000 | 11/15/32 | 1,000 | 1,137,082 | |
| Colorado Health Facilities Authority, | |||||
| Revenue, CommonSpirit Health, Series A, Rfdg. | 5.000 | 08/01/27 | 1,150 | 1,219,274 | |
| Revenue, CommonSpirit Health, Series A, Rfdg. | 5.000 | 08/01/28 | 375 | 403,683 | |
| Revenue, CommonSpirit Health, Series A-2, Rfdg. | 5.000 | 08/01/26 | 390 | 407,217 | |
| Revenue, CommonSpirit Health, Series B-1, Rfdg., (Mandatory put date 08/01/25) | 5.000(cc) | 08/01/49 | 1,330 | 1,354,066 | |
| Revenue, National Jewish Health Project, Rfdg. | 5.000 | 01/01/24 | 315 | 315,000 | |
| Regional Transportation District, Revenue, Denver Transit Partners Eagle P3 Project, Series A, Rfdg. | 5.000 | 07/15/27 | 620 | 648,220 | |
| University of Colorado, University Enterprise Revenue, Green Bond Project, Series C-3B, Rfdg., (Mandatory Put Date 10/15/26) | 2.000(cc) | 06/01/51 | 780 | 750,699 | |
| 8,991,868 | |||||
| Connecticut 5.4% | |||||
| Connecticut State Health & Educational Facilities Authority, | |||||
| Revenue, Series 2015-A, Rfdg., (Mandatory Put Date 07/12/24) | 0.375(cc) | 07/01/35 | 1,000 | 980,806 | |
| Revenue, Yale University, Series A-1, Rfdg., FRDD | 3.850(cc) | 07/01/42 | 6,600 | 6,600,000 | |
| State of Connecticut, | |||||
| Revenue, Series B | 5.000 | 10/01/37 | 1,175 | 1,280,392 | |
| Revenue, Series B, Rfdg. | 5.000 | 07/01/31 | 1,000 | 1,186,105 | |
| Series A, GO(hh) | 5.000 | 01/15/34 | 2,000 | 2,465,075 | |
| 12,512,378 | |||||
| Delaware 0.1% | |||||
| Delaware State Economic Development Authority, Revenue, Newark Charter School, Series A, Rfdg. | 2.800 | 09/01/26 | 175 | 172,740 | |
| District of Columbia 1.4% | |||||
| District of Columbia, | |||||
| Income Tax Revenue, Series A, Rfdg.(hh) | 5.000 | 10/01/34 | 1,000 | 1,229,837 | |
| Revenue, KIPP Project, Series B, Rfdg. | 5.000 | 07/01/37 | 1,280 | 1,334,397 | |
| Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
| Municipal Bonds (Continued) | |||||
| District of Columbia (cont’d.) | |||||
| District of Columbia KIPP Charter School, Revenue, Project Series B, Rfdg. | 5.000 % | 07/01/27 | 220 | $230,972 | |
| Metropolitan Washington Airports Authority, Revenue, Series A, AMT, Rfdg. | 5.000 | 10/01/28 | 520 | 563,230 | |
| 3,358,436 | |||||
| Florida 8.5% | |||||
| Central Florida Expressway Authority, Revenue, Senior Lien, Rfdg. | 5.000 | 07/01/38 | 1,575 | 1,671,136 | |
| City of Tallahassee, Revenue, Memorial Health Care, Inc. Project, Series A | 5.000 | 12/01/25 | 550 | 562,158 | |
| County of Broward Airport System, | |||||
| Revenue, Series A, AMT | 5.000 | 10/01/26 | 500 | 513,752 | |
| Revenue, Series B, AMT, Rfdg. | 5.000 | 10/01/27 | 1,000 | 1,060,167 | |
| County of Lee Airport, Revenue, Series A, AMT, Rfdg. | 5.000 | 10/01/28 | 1,000 | 1,075,773 | |
| County of Pasco, Revenue, H. Lee Moffitt Cancer Center Project, Series A, AGM | 5.250 | 09/01/25 | 100 | 104,041 | |
| Greater Orlando Aviation Authority, | |||||
| Revenue, Priority Sub-Series A, AMT | 5.000 | 10/01/32 | 1,010 | 1,066,214 | |
| Revenue, Series A, AMT | 5.000 | 10/01/28 | 3,350 | 3,625,348 | |
| Lakewood Ranch Stewardship District, | |||||
| Special Assessment | 4.250 | 05/01/25 | 200 | 199,728 | |
| Special Assessment | 4.250 | 05/01/26 | 150 | 149,806 | |
| Special Assessment | 4.625 | 05/01/27 | 500 | 501,741 | |
| Myrtle Creek Improvement District, Special Assessment, Series A, BAM, Rfdg. | 4.000 | 05/01/27 | 700 | 710,254 | |
| Orange County Health Facilities Authority, Revenue, Orlando Health Care Obligated Group, Series B, Rfdg. | 5.000 | 10/01/25 | 2,530 | 2,613,978 | |
| Orlando Utilities Commission, Revenue, Series B, (Mandatory Put Date 10/01/28) | 1.250(cc) | 10/01/46 | 2,540 | 2,220,475 | |
| St. Johns County Housing Finance Authority, Revenue, St. John Oaks, Series A, (Mandatory put date 07/01/25) | 3.550(cc) | 07/01/27 | 1,000 | 1,000,077 | |
| Village Community Development District No. 06, Special Assessment, Revenue, Rfdg. | 4.000 | 05/01/26 | 215 | 219,268 | |
| Village Community Development District No. 07, | |||||
| Special Assessment, Revenue, Rfdg. | 4.000 | 05/01/24 | 1,360 | 1,364,372 | |
| Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
| Municipal Bonds (Continued) | |||||
| Florida (cont’d.) | |||||
| Village Community Development District No. 07, (cont’d.) | |||||
| Special Assessment, Revenue, Rfdg. | 4.000 % | 05/01/25 | 830 | $841,231 | |
| Special Assessment, Revenue, Rfdg. | 4.000 | 05/01/26 | 250 | 251,912 | |
| 19,751,431 | |||||
| Georgia 6.3% | |||||
| Burke County Development Authority, | |||||
| Revenue, Georgia Power Co. Plant Vogtle Project, Rfdg., (Mandatory Put Date 08/22/24) | 1.700(cc) | 12/01/49 | 1,000 | 988,230 | |
| Revenue, Oglethorpe Power Corp., Series V, Rfdg., (Mandatory Put Date 02/03/25) | 3.250(cc) | 11/01/45 | 500 | 498,376 | |
| City of Atlanta Airport Passenger Facility Charge, Revenue, Sub-Lien, Sustainable Bonds, Series E, AMT | 5.000 | 07/01/33 | 1,265 | 1,454,768 | |
| City of Atlanta Department of Aviation, Airport Revenue, Series B, AMT | 5.000 | 07/01/24 | 340 | 342,999 | |
| Main Street Natural Gas, Inc., | |||||
| Revenue, Series A, (Mandatory Put Date 09/01/27) | 4.000(cc) | 07/01/52 | 1,000 | 1,005,847 | |
| Revenue, Series B, (Mandatory Put Date 12/02/24) | 4.000(cc) | 08/01/49 | 4,080 | 4,084,311 | |
| Revenue, Series C, (Mandatory Put Date 09/01/26) | 4.000(cc) | 03/01/50 | 1,890 | 1,894,193 | |
| Revenue, Series C, (Mandatory Put Date 12/01/28) | 4.000(cc) | 05/01/52 | 1,050 | 1,056,605 | |
| Municipal Electric Authority of Georgia, | |||||
| Power Revenue, Series HH, Rfdg. | 5.000 | 01/01/29 | 1,315 | 1,417,422 | |
| Revenue, Combined Cycle Project, Series A, Rfdg. | 4.000 | 11/01/24 | 1,255 | 1,262,138 | |
| Revenue, Project No. 1, Sub-Series A, Rfdg. | 5.000 | 01/01/26 | 585 | 608,083 | |
| 14,612,972 | |||||
| Idaho 0.8% | |||||
| County of Nez Perce, Revenue, Potlatch Corp. Project, Rfdg. | 2.750 | 10/01/24 | 1,000 | 984,825 | |
| Idaho Housing & Finance Association, Revenue, Series A | 5.000 | 08/15/39 | 720 | 832,107 | |
| 1,816,932 | |||||
| Illinois 9.3% | |||||
| Chicago O’Hare International Airport, | |||||
| Revenue, Ohare International Airport, Senior Lien, Series C, AMT, Rfdg. | 5.000 | 01/01/24 | 1,000 | 1,000,000 | |
| Revenue, Series A, AMT, Rfdg. | 5.000 | 01/01/26 | 985 | 999,651 | |
| City of Chicago Waterworks, | |||||
| Revenue, Second Lien Project | 5.000 | 11/01/25 | 530 | 538,400 | |
| Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
| Municipal Bonds (Continued) | |||||
| Illinois (cont’d.) | |||||
| City of Chicago Waterworks, (cont’d.) | |||||
| Revenue, Second Lien, Rfdg. | 4.000 % | 11/01/24 | 280 | $280,191 | |
| Revenue, Second Lien, Series B, Rfdg. | 5.000 | 11/01/24 | 300 | 304,788 | |
| Illinois Finance Authority, | |||||
| Revenue, Advocate Health Care Network, Series A-3, Rfdg. | 5.000 | 11/01/30 | 910 | 969,332 | |
| Revenue, Advocate Health Care Project, Series A-1, Rfdg. | 4.000 | 11/01/30 | 830 | 852,651 | |
| Illinois State Toll Highway Authority, Revenue, Senior Series A, Rfdg.(hh) | 5.000 | 01/01/33 | 500 | 601,281 | |
| Railsplitter Tobacco Settlement Authority, | |||||
| Revenue, (Escrowed to Maturity Date 06/01/24)(ee) | 5.000 | 06/01/24 | 315 | 317,260 | |
| Revenue, (Escrowed to Maturity Date 06/01/25)(ee) | 5.000 | 06/01/25 | 160 | 163,809 | |
| Revenue, (Escrowed to Maturity Date 06/01/26)(ee) | 5.000 | 06/01/26 | 2,625 | 2,755,184 | |
| Revenue, (Pre-Refunded Date 06/01/26)(ee) | 5.000 | 06/01/28 | 375 | 395,228 | |
| Sales Tax Securitization Corp., | |||||
| Revenue, Senior Lien, Series C, Rfdg. | 5.000 | 01/01/38 | 1,000 | 1,087,315 | |
| Revenue, Senior Series D | 5.000 | 01/01/35 | 600 | 692,568 | |
| State of Illinois, | |||||
| Revenue, Build Illinois Bonds, Junior Obligation, Rfdg. | 5.000 | 06/15/24 | 705 | 706,040 | |
| Revenue, Build Illinois Bonds, Junior Obligation, Series C, Rfdg. | 5.000 | 06/15/26 | 1,935 | 2,023,306 | |
| Revenue, Junior Series D, BAM, Rfdg. | 5.000 | 06/15/25 | 1,325 | 1,363,219 | |
| Series A, GO | 5.000 | 11/01/25 | 1,500 | 1,544,990 | |
| Series B, GO | 5.000 | 10/01/29 | 1,245 | 1,380,848 | |
| Series B, GO | 5.000 | 05/01/31 | 1,490 | 1,686,449 | |
| Series C, GO, Rfdg. | 4.000 | 03/01/24 | 75 | 75,076 | |
| Series D, GO, Rfdg. | 5.000 | 07/01/24 | 1,040 | 1,047,585 | |
| Series D, GO, Rfdg. | 5.000 | 07/01/36 | 775 | 864,717 | |
| 21,649,888 | |||||
| Indiana 2.2% | |||||
| City of Rockport, Revenue, Power Co. Project, Series A, Rfdg. | 3.050 | 06/01/25 | 500 | 499,476 | |
| Indiana Finance Authority, | |||||
| Revenue, First Lien, CWA Authority Project, Series 2024 A, Rfdg.(hh) | 5.000 | 10/01/41 | 1,500 | 1,643,599 | |
| Revenue, Indiana University Health, Inc., Series A, Rfdg. | 5.000 | 12/01/25 | 1,305 | 1,359,326 | |
| Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
| Municipal Bonds (Continued) | |||||
| Indiana (cont’d.) | |||||
| Indiana Finance Authority, (cont’d.) | |||||
| Revenue, Indiana University Health, Series B-1, (Mandatory put date 07/01/28) | 5.000 %(cc) | 10/01/62 | 745 | $810,092 | |
| Revenue, Power & Light Co. Project, Series A, Rfdg. | 1.400 | 08/01/29 | 1,000 | 891,863 | |
| 5,204,356 | |||||
| Kentucky 2.1% | |||||
| County of Trimble, Revenue, Louisville Gas & Electric Project, Series A, AMT, Rfdg., (Mandatory Put Date 09/01/27) | 1.300(cc) | 09/01/44 | 750 | 676,505 | |
| Kentucky Public Energy Authority, | |||||
| Revenue, Gas Supply, Series B, (Mandatory Put Date 01/01/25) | 4.000(cc) | 01/01/49 | 1,560 | 1,561,287 | |
| Revenue, Gas Supply, Series C-1, (Mandatory Put Date 06/01/25) | 4.000(cc) | 12/01/49 | 2,725 | 2,739,758 | |
| 4,977,550 | |||||
| Louisiana 0.6% | |||||
| City of New Orleans Sewerage Service, Sewer Revenue | 5.000 | 06/01/24 | 200 | 201,657 | |
| Louisiana Public Facilities Authority, Revenue, Elementus Minerals LLC Project, (Mandatory put date 11/01/25), 144A | 5.000(cc) | 10/01/43 | 1,000 | 1,022,054 | |
| Parish of St. John the Baptist, Revenue, Marathon Oil Corp. Project, Rfdg., (Mandatory Put Date 07/01/24) | 2.100(cc) | 06/01/37 | 200 | 197,390 | |
| 1,421,101 | |||||
| Maryland 1.1% | |||||
| Maryland Economic Development Corp., Revenue, Transportation Facilities Project, Series A, Rfdg. | 5.000 | 06/01/24 | 350 | 351,892 | |
| State of Maryland, | |||||
| Second Series A, Bid Group 1, GO | 5.000 | 08/01/25 | 1,000 | 1,037,327 | |
| Second Series A, Bid Group 2, GO | 5.000 | 08/01/31 | 1,000 | 1,142,857 | |
| 2,532,076 | |||||
| Massachusetts 0.3% | |||||
| Massachusetts Port Authority, Revenue, Series C, AMT, Rfdg. | 5.000 | 07/01/29 | 665 | 730,098 | |
| Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
| Municipal Bonds (Continued) | |||||
| Michigan 1.0% | |||||
| Michigan Finance Authority, | |||||
| Revenue, Senior Series A, Class 1, Rfdg. | 5.000 % | 06/01/24 | 310 | $312,307 | |
| Revenue, Senior Series A, Class 1, Rfdg. | 5.000 | 06/01/32 | 500 | 561,142 | |
| Michigan Strategic Fund, Revenue, Graphic Packaging International LLC, Green Bond Recycle Project, AMT, (Mandatory Put Date 10/01/26) | 4.000(cc) | 10/01/61 | 1,500 | 1,484,753 | |
| 2,358,202 | |||||
| Minnesota 0.2% | |||||
| Hennepin County Housing & Redevelopment Authority, Revenue, Talmage Oakland Project, Series A, (Mandatory Put Date 09/01/24) | 4.100(cc) | 09/01/25 | 500 | 500,490 | |
| Mississippi 0.4% | |||||
| Mississippi Business Finance Corp., | |||||
| Pollution Control Revenue, Rfdg. | 3.200 | 09/01/28 | 500 | 496,764 | |
| Revenue, Chevron USA, Series D, FRDD | 4.150(cc) | 11/01/35 | 500 | 500,000 | |
| 996,764 | |||||
| Missouri 0.9% | |||||
| Health & Educational Facilities Authority of the State of Missouri, Revenue, Lutheran Senior Services, Rfdg. | 5.000 | 02/01/35 | 1,010 | 1,010,219 | |
| Kansas City Industrial Development Authority, Revenue, International Airport Terminal, Series B, AMT | 5.000 | 03/01/29 | 1,000 | 1,084,179 | |
| 2,094,398 | |||||
| Nebraska 0.5% | |||||
| Central Plains Energy Project, Revenue, Project No. 4, Series A-1, Rfdg., (Mandatory Put Date 11/01/29) | 5.000(cc) | 05/01/54 | 1,000 | 1,058,531 | |
| Nevada 0.1% | |||||
| County of Clark Department of Aviation, Revenue, Sub-Series B, AMT, Rfdg. | 5.000 | 07/01/27 | 140 | 148,415 | |
| Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
| Municipal Bonds (Continued) | |||||
| New Jersey 4.7% | |||||
| New Jersey Economic Development Authority, | |||||
| Revenue, American Water Co. Inc. Project, Series E, AMT, Rfdg. | 0.850 % | 12/01/25 | 600 | $567,927 | |
| Revenue, Series SSS, Rfdg.(hh) | 5.250 | 06/15/39 | 325 | 380,963 | |
| New Jersey Higher Education Student Assistance Authority, Revenue, Senior Series A, Rfdg. | 5.000 | 12/01/24 | 400 | 405,632 | |
| New Jersey Transportation Trust Fund Authority, | |||||
| Revenue, Series AA, Rfdg. | 5.000 | 06/15/24 | 500 | 504,758 | |
| Revenue, Transportation Program, Series BB | 5.000 | 06/15/33 | 1,200 | 1,423,104 | |
| New Jersey Turnpike Authority, | |||||
| Revenue, Series D-1, Rfdg. | 4.520(cc) | 01/01/24 | 1,000 | 1,000,000 | |
| Revenue, Series E | 5.000 | 01/01/32 | 1,000 | 1,023,053 | |
| Tobacco Settlement Financing Corp., | |||||
| Revenue, Series A, Rfdg. | 5.000 | 06/01/25 | 1,895 | 1,943,580 | |
| Revenue, Series A, Rfdg. | 5.000 | 06/01/26 | 1,710 | 1,783,959 | |
| Revenue, Series A, Rfdg. | 5.000 | 06/01/27 | 1,000 | 1,060,930 | |
| Revenue, Series A, Rfdg. | 5.000 | 06/01/31 | 500 | 537,220 | |
| Revenue, Series A, Rfdg. | 5.000 | 06/01/36 | 235 | 248,563 | |
| 10,879,689 | |||||
| New Mexico 0.6% | |||||
| City of Farmington, Revenue, 4 Corners Project, Rfdg. | 1.800 | 04/01/29 | 1,500 | 1,302,161 | |
| New York 8.6% | |||||
| Long Island Power Authority, Revenue, Series B, Rfdg., (Mandatory Put Date 09/01/26) | 1.500(cc) | 09/01/51 | 2,000 | 1,885,767 | |
| Metropolitan Transportation Authority, Revenue, Series D, Rfdg. | 5.000 | 11/15/32 | 1,515 | 1,641,359 | |
| New York City Municipal Water Finance Authority, Revenue, 2nd Generation Resolution, Fiscal 2016, Sub-Series CC-1, Rfdg. | 5.250 | 06/15/37 | 1,000 | 1,082,249 | |
| New York City Transitional Finance Authority, | |||||
| Revenue, Future Tax Secured, Fiscal 1999, Sub-Series E-1 | 5.000 | 02/01/36 | 1,000 | 1,074,004 | |
| Revenue, MultiModal Bonds, Sub-Series B | 5.500 | 05/01/44 | 1,000 | 1,192,198 | |
| Revenue, Sub-Series A-2 | 5.000 | 08/01/38 | 2,505 | 2,695,749 | |
| New York State Dormitory Authority, Revenue, Personal Income Tax, Series A, Rfdg. | 5.250 | 03/15/37 | 500 | 558,402 | |
| Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
| Municipal Bonds (Continued) | |||||
| New York (cont’d.) | |||||
| New York State Urban Development Corp., | |||||
| Revenue, Personal Income Tax, Series A, Rfdg. | 5.000 % | 03/15/31 | 1,685 | $1,776,282 | |
| Revenue, Personal Income Tax, Series C, Rfdg. | 5.000 | 03/15/41 | 1,375 | 1,463,030 | |
| New York Transportation Development Corp., Revenue, JFK International Air Terminal Project, Series A, AMT, Rfdg. | 5.000 | 12/01/25 | 200 | 204,511 | |
| Port Authority of New York & New Jersey, Revenue, Series 226, AMT, Rfdg. | 5.000 | 10/15/27 | 935 | 995,639 | |
| Rockland County Industrial Development Agency, Revenue, Rockland Gardens Project, (Mandatory put date 05/01/25) | 4.650(cc) | 05/01/27 | 400 | 402,899 | |
| Triborough Bridge & Tunnel Authority, Revenue, Series A-2, Rfdg., (Mandatory Put Date 05/15/26) | 2.000(cc) | 05/15/45 | 1,000 | 969,966 | |
| TSASC, Inc., | |||||
| Revenue, Series A, Rfdg. | 5.000 | 06/01/24 | 1,450 | 1,456,839 | |
| Revenue, Series A, Rfdg. | 5.000 | 06/01/25 | 235 | 238,874 | |
| Utility Debt Securitization Authority, Revenue, Series TE1, Rfdg. | 5.000 | 06/15/31 | 2,000 | 2,279,920 | |
| 19,917,688 | |||||
| North Carolina 0.5% | |||||
| City of Charlotte Airport, Revenue, Series B, AMT, Rfdg. | 5.000 | 07/01/30 | 1,125 | 1,248,468 | |
| North Dakota 0.2% | |||||
| Cass County Joint Water Resource District, Series A, GO | 0.480 | 05/01/24 | 555 | 544,954 | |
| Ohio 4.2% | |||||
| Akron Bath Copley Joint Township Hospital District, Revenue, Summa Health Obligation Group, Rfdg. | 5.000 | 11/15/27 | 185 | 194,907 | |
| American Municipal Power, Inc., Revenue, Prairie State Energy, Series A, Rfdg. | 5.000 | 02/15/39 | 2,000 | 2,004,747 | |
| Buckeye Tobacco Settlement Financing Authority, Revenue, Senior Series A-2, Class 1, Rfdg. | 5.000 | 06/01/28 | 1,425 | 1,541,052 | |
| County of Cuyahoga, | |||||
| Revenue, MetroHealth System, Rfdg. | 4.000 | 02/15/29 | 1,200 | 1,200,850 | |
| Revenue, MetroHealth System, Rfdg. | 5.000 | 02/15/25 | 695 | 702,148 | |
| Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
| Municipal Bonds (Continued) | |||||
| Ohio (cont’d.) | |||||
| Lancaster Port Authority, Revenue, Natural Gas, Series A, Rfdg., (Mandatory Put Date 02/01/25) | 5.000 %(cc) | 08/01/49 | 300 | $303,069 | |
| Ohio Air Quality Development Authority, | |||||
| Revenue, American Electric Power Co. Project, Series A, (Mandatory Put Date 10/01/29) | 2.400(cc) | 12/01/38 | 500 | 444,152 | |
| Revenue, Duke Energy Corp. Project, Series A, AMT, Rfdg., (Mandatory Put Date 06/01/27) | 4.250(cc) | 11/01/39 | 2,000 | 2,033,100 | |
| Revenue, Ohio Valley Electric Corp. Project, Series B, (Mandatory Put Date 11/01/24) | 1.375(cc) | 02/01/26 | 750 | 724,892 | |
| Ohio Turnpike & Infrastructure Commission, Revenue, Junior Lien, Infrastructure Project, Series A, Rfdg. | 5.000 | 02/15/24 | 650 | 651,583 | |
| 9,800,500 | |||||
| Oklahoma 0.5% | |||||
| Oklahoma Development Finance Authority, Revenue, University of Oklahoma Medicine Project, Series B | 5.000 | 08/15/29 | 1,100 | 1,107,891 | |
| Pennsylvania 3.5% | |||||
| Chester County Industrial Development Authority, | |||||
| Revenue, Renaissance Academy Charter School, Rfdg. | 3.750 | 10/01/24 | 70 | 69,735 | |
| Revenue, Renaissance Academy Charter School, Rfdg. | 5.000 | 10/01/34 | 355 | 356,097 | |
| Commonwealth Financing Authority, Revenue, Tobacco Master Settlement Payment Bonds | 5.000 | 06/01/24 | 255 | 256,600 | |
| Delaware Valley Regional Finance Authority, Revenue, Series A, AMBAC | 5.500 | 08/01/28 | 695 | 775,174 | |
| Geisinger Authority, Revenue, Geisinger Health System Obligation Group, Series B, Rfdg., (Mandatory Put Date 02/15/27) | 5.000(cc) | 04/01/43 | 1,000 | 1,045,508 | |
| Pennsylvania Economic Development Financing Authority, Revenue, Waste Management Inc., Project, Series B, AMT, Rfdg., (Mandatory Put Date 11/02/26) | 1.100(cc) | 06/01/31 | 1,250 | 1,161,531 | |
| Pennsylvania Turnpike Commission, | |||||
| Revenue, Series A-1 | 5.000 | 12/01/41 | 1,215 | 1,262,357 | |
| Revenue, Series A-2 | 5.000 | 12/01/36 | 1,300 | 1,427,669 | |
| Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
| Municipal Bonds (Continued) | |||||
| Pennsylvania (cont’d.) | |||||
| University of Pittsburgh, Commonwealth System of Higher Education, Revenue, University Capital Project Bonds, Series A | 5.000 % | 02/15/34 | 1,500 | $1,853,675 | |
| 8,208,346 | |||||
| Puerto Rico 1.3% | |||||
| Commonwealth of Puerto Rico, Restructured, Series A, GO, CABS | 3.877(t) | 07/01/24 | 1,744 | 1,710,944 | |
| Puerto Rico Sales Tax Financing Corp., | |||||
| Revenue, Restructured, Series A-1, CABS | 3.950(t) | 07/01/29 | 1,325 | 1,068,271 | |
| Revenue, Series A-1, CABS | 3.305(t) | 07/01/24 | 142 | 139,667 | |
| 2,918,882 | |||||
| Rhode Island 1.0% | |||||
| Tobacco Settlement Financing Corp., | |||||
| Revenue, Series A, Rfdg. | 5.000 | 06/01/24 | 1,940 | 1,954,460 | |
| Revenue, Series A, Rfdg. | 5.000 | 06/01/28 | 240 | 243,952 | |
| 2,198,412 | |||||
| South Carolina 0.7% | |||||
| Patriots Energy Group Financing Agency, Revenue, Series A-1, (Mandatory Put Date 08/01/31) | 5.250(cc) | 10/01/54 | 825 | 897,068 | |
| South Carolina Public Service Authority, Revenue, Santee Cooper Exchange Bonds, Series A, Rfdg. | 4.000 | 12/01/29 | 619 | 652,319 | |
| 1,549,387 | |||||
| Tennessee 3.6% | |||||
| Memphis-Shelby County Airport Authority, Revenue, Series A, AMT | 5.000 | 07/01/25 | 500 | 513,194 | |
| Metropolitan Nashville Airport Authority, Revenue, Series B, AMT | 5.250 | 07/01/34 | 500 | 565,594 | |
| Tennergy Corp., | |||||
| Gas Supply Revenue Bonds, Series A, (Mandatory Put Date 12/01/30) | 5.500(cc) | 10/01/53 | 380 | 403,812 | |
| Revenue, Series A, (Mandatory Put Date 09/01/28) | 4.000(cc) | 12/01/51 | 2,000 | 1,999,900 | |
| Tennessee Energy Acquisition Corp., Revenue, (Mandatory Put Date 11/01/25) | 4.000(cc) | 11/01/49 | 4,900 | 4,897,642 | |
| 8,380,142 | |||||
| Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
| Municipal Bonds (Continued) | |||||
| Texas 8.8% | |||||
| Arlington Housing Finance Corp., Revenue, MultiFamily Housing, (Mandatory Put Date 04/01/27) | 4.500 %(cc) | 04/01/41 | 1,000 | $1,026,480 | |
| Bexar County Health Facilities Development Corp., Revenue, Army Retirement Residence Foundation, Rfdg. | 5.000 | 07/15/24 | 500 | 498,960 | |
| Central Texas Regional Mobility Authority, Revenue, Sub-Series F, BANS | 5.000 | 01/01/25 | 680 | 684,519 | |
| City of Dallas Hotel Occupancy, Tax Revenue, Rfdg. | 4.000 | 08/15/28 | 1,025 | 1,052,612 | |
| City of Houston Combined Utility System, Revenue, First Lien, Series D, Rfdg. | 5.000 | 11/15/34 | 1,000 | 1,010,309 | |
| City of San Antonio Electric & Gas Systems, | |||||
| Revenue, Junior Lien, Rfdg., (Mandatory Put Date 12/01/27) | 2.000(cc) | 02/01/49 | 1,500 | 1,446,943 | |
| Revenue, Junior Lien, Series B, Rfdg. | 3.000 | 02/01/29 | 1,000 | 1,027,333 | |
| Clear Creek Independent School District, Permanent School Fund Program, GO, (Mandatory Put Date 08/15/24) | 0.280(cc) | 02/15/38 | 1,000 | 985,101 | |
| Clifton Higher Education Finance Corp., Revenue, Idea Public Schools, Series B | 5.000 | 08/15/25 | 670 | 686,416 | |
| Denton Independent School District, Permanent School Fund Program, GO | 5.000 | 08/15/33 | 700 | 853,672 | |
| Georgetown Independent School District, Permanent School Fund Program, Series A, GO | 5.000 | 08/15/24 | 600 | 608,245 | |
| Harris County Cultural Education Facilities Finance Corp., Revenue, Baylor College of Medicine, Series A, Rfdg., (Mandatory Put Date 07/01/24) | 4.447(cc) | 11/15/46 | 1,000 | 1,000,006 | |
| Lakeside Place PFC, Revenue, Brookside Gardens Apartments, (Mandatory Put Date 11/01/25) | 4.150(cc) | 11/01/26 | 1,000 | 1,014,512 | |
| Lower Neches Valley Authority Industrial Development Corp., Revenue, Exxonmobil Project, FRDD | 4.000(cc) | 11/01/38 | 5,100 | 5,100,000 | |
| New Caney Independent School District, Permanent School Fund Program, GO, (Mandatory Put Date 08/15/24) | 1.250(cc) | 02/15/50 | 650 | 643,983 | |
| North Texas Tollway Authority, Revenue, Second Tier, Series B, Rfdg. | 5.000 | 01/01/28 | 415 | 434,140 | |
| Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
| Municipal Bonds (Continued) | |||||
| Texas (cont’d.) | |||||
| Tarrant County Cultural Education Facilities Finance Corp., | |||||
| Revenue, Texas Health Resources System, Series A, Rfdg. | 5.000 % | 02/15/26 | 1,125 | $1,177,351 | |
| Revenue, Trinity Terrace Project, Series A-1, Rfdg. | 5.000 | 10/01/29 | 630 | 631,721 | |
| Texas Municipal Gas Acquisition & Supply Corp. I, Revenue, Senior Lien, Series D | 6.250 | 12/15/26 | 475 | 496,953 | |
| 20,379,256 | |||||
| Utah 1.8% | |||||
| County of Utah, Revenue, IHC Health Services, Inc., Series A | 5.000 | 05/15/43 | 1,850 | 2,007,631 | |
| Salt Lake City Airport, | |||||
| Revenue, Series A, AMT | 5.000 | 07/01/26 | 1,160 | 1,208,590 | |
| Revenue, Series A, AMT | 5.000 | 07/01/28 | 375 | 396,846 | |
| Revenue, Series A, AMT | 5.000 | 07/01/28 | 580 | 623,240 | |
| 4,236,307 | |||||
| Virginia 0.4% | |||||
| Virginia Small Business Financing Authority, Revenue, Elizabeth River Crossings Project, Senior Lien, AMT, Rfdg. | 4.000 | 01/01/30 | 750 | 752,784 | |
| Wise County Industrial Development Authority, Revenue, Virginia Electric & Power Co., Series A, (Mandatory Put Date 05/31/24) | 1.200(cc) | 11/01/40 | 250 | 246,596 | |
| 999,380 | |||||
| Washington 0.8% | |||||
| City of Seattle Municipal Light & Power, Revenue, Series B, Rfdg., (Mandatory Put Date 11/01/26) | 4.120(cc) | 05/01/45 | 500 | 486,183 | |
| Port of Seattle, Revenue, Intermediate Lien, AMT | 5.000 | 04/01/29 | 1,000 | 1,085,873 | |
| Washington Health Care Facilities Authority, Revenue, Overlake Hospital Medical Center, Series B, Rfdg. | 5.000 | 07/01/28 | 375 | 385,899 | |
| 1,957,955 | |||||
| Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
| Municipal Bonds (Continued) | |||||
| West Virginia 1.0% | |||||
| West Virginia Economic Development Authority, | |||||
| Revenue, Appalachian Power Co. Amos Project, Series A, Rfdg., (Mandatory Put Date 04/01/24) | 2.550 %(cc) | 03/01/40 | 1,000 | $996,585 | |
| Revenue, Appalachian Power Co. Project, Series A, Rfdg., (Mandatory Put Date 12/01/25) | 0.625(cc) | 12/01/38 | 1,500 | 1,409,429 | |
| 2,406,014 | |||||
| Wisconsin 1.0% | |||||
| Wisconsin Department of Transportation, Revenue, Series 1, Rfdg.(hh) | 5.000 | 07/01/29 | 2,000 | 2,266,037 | |
| Total Municipal Bonds (cost $235,048,283) | 233,324,014 | ||||
| Shares | |||||||
| Unaffiliated Exchange-Traded Fund 2.4% | |||||||
| iShares National Muni Bond ETF (cost $5,343,270) | 51,000 | 5,528,910 | |||||
| Total Long-Term Investments (cost $240,391,553) | 238,852,924 | ||||||
| Short-Term Investment 0.1% | |||||||
| Affiliated Mutual Fund | |||||||
| PGIM Core Ultra Short Bond Fund (cost $181,778)(wb) | 181,778 | 181,778 | |||||
| TOTAL INVESTMENTS 102.9% (cost $240,573,331) | 239,034,702 | ||||||
| Liabilities in excess of other assets (2.9)% | (6,786,825) | ||||||
| Net Assets 100.0% | $232,247,877 | ||||||
| Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
| 144A—Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, pursuant to the requirements of Rule 144A, may not be resold except to qualified institutional buyers. | |
| AGM—Assured Guaranty Municipal Corp. | |
| AMBAC—American Municipal Bond Assurance Corp. | |
| AMT—Alternative Minimum Tax | |
| BAM—Build America Mutual | |
| BANS—Bond Anticipation Notes |
| CABS—Capital Appreciation Bonds | |
| COP—Certificates of Participation | |
| ETF—Exchange-Traded Fund | |
| FRDD—Floating Rate Daily Demand Note | |
| GO—General Obligation | |
| Rfdg—Refunding |
| # | Principal amount is shown in U.S. dollars unless otherwise stated. |
| ^ | Indicates a Level 3 instrument. The aggregate value of Level 3 instruments is $40,000 and 0.0% of net assets. |
| (cc) | Variable rate instrument. The rate shown is based on the latest available information as of December 31, 2023. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description. |
| (d) | Represents issuer in default on interest payments and/or principal repayment. Non-income producing security. Such securities may be post-maturity. |
| (ee) | All or partial escrowed to maturity and pre-refunded issues are secured by escrowed cash, a guaranteed investment contract and /or U.S. guaranteed obligations. |
| (hh) | When-issued security. |
| (t) | Represents zero coupon. Rate quoted represents effective yield at December 31, 2023. |
| (wb) | Represents an investment in a Fund affiliated with the Manager. |