Pioneer Municipal High
|
||
Income Advantage Fund, Inc.
|
||
Schedule of Investments | June 30, 2021
|
||
Principal
Amount USD ($) |
Value
|
||||
UNAFFILIATED ISSUERS - 157.7%
|
|||||
MUNICIPAL BONDS - 157.7% of Net Assets(a)
|
|||||
Alabama - 0.8%
|
|||||
2,500,000
|
Alabama Industrial Development Authority, Pine City Fiber Co., 6.45%, 12/1/23
|
$2,507,575
|
|||
Total Alabama
|
$2,507,575
|
||||
Arizona - 2.3%
|
|||||
4,000,000(b)
|
City of Phoenix, 5.0%, 7/1/27
|
$4,869,800
|
|||
1,980,000
|
City of Phoenix, Industrial Development Authority, 3rd & Indian School Assisted Living Project, 5.4%, 10/1/36
|
2,044,508
|
|||
27,000
|
County of Pima, Industrial Development Authority, Arizona Charter Schools Project, Series C, 6.75%, 7/1/31
|
27,587
|
|||
Total Arizona
|
$6,941,895
|
||||
Arkansas - 0.9%
|
|||||
2,500,000
|
Arkansas Development Finance Authority, Big River Steel Project, 4.5%, 9/1/49 (144A)
|
$2,783,725
|
|||
Total Arkansas
|
$2,783,725
|
||||
California - 8.6%
|
|||||
38,610,000(c)
|
California County Tobacco Securitization Agency, Capital Appreciation, Stanislaus County, Subordinated, Series A, 6/1/46
|
$9,387,635
|
|||
1,845,000
|
California Educational Facilities Authority, Stanford University, 5.25%, 4/1/40
|
2,800,747
|
|||
2,000,000
|
California Educational Facilities Authority, Stanford University, Series U-7, 5.0%, 6/1/46
|
3,151,740
|
|||
2,905,000(d)
|
California School Finance Authority, Classical Academies Project, Series A, 7.375%, 10/1/43
|
3,164,504
|
|||
1,875,000
|
California Statewide Communities Development Authority, Lancer Plaza Project, 5.875%, 11/1/43
|
1,925,775
|
|||
1,500,000
|
City of Oroville, Oroville Hospital, 5.25%, 4/1/54
|
1,698,555
|
|||
2,695,000(b)
|
Coast Community College District, Election, Series D, 5.0%, 8/1/31
|
3,387,858
|
|||
Total California
|
$25,516,814
|
||||
Colorado - 2.0%
|
|||||
1,500,000(d)
|
Colorado Educational & Cultural Facilities Authority, Rocky Mountain Classical Academy Project, 8.0%, 9/1/43
|
$1,744,290
|
|||
500,000
|
Colorado Health Facilities Authority, 4.0%, 8/1/37
|
580,865
|
|||
1,000,000
|
Colorado Health Facilities Authority, 4.0%, 8/1/39
|
1,156,850
|
|||
1,000,000
|
Colorado Health Facilities Authority, 4.0%, 8/1/44
|
1,147,650
|
|||
1,000,000
|
Colorado Health Facilities Authority, 4.0%, 8/1/49
|
1,143,000
|
|||
Total Colorado
|
$5,772,655
|
||||
Connecticut - 3.4%
|
|||||
2,035,000
|
Mohegan Tribal Finance Authority, 7.0%, 2/1/45 (144A)
|
$2,167,356
|
|||
7,200,000(b)
|
State of Connecticut, Series E, 4.0%, 9/1/30
|
7,899,336
|
|||
Total Connecticut
|
$10,066,692
|
||||
District of Columbia - 2.7%
|
|||||
825,000
|
District of Columbia Tobacco Settlement Financing Corp., Asset-Backed, 6.5%, 5/15/33
|
$911,460
|
|||
6,825,000
|
District of Columbia Tobacco Settlement Financing Corp., Asset-Backed, 6.75%, 5/15/40
|
7,059,780
|
|||
Total District of Columbia
|
$7,971,240
|
||||
Florida - 8.3%
|
|||||
5,000,000
|
County of Miami-Dade, Water & Sewer System Revenue, Series A, 4.0%, 10/1/44
|
$5,784,700
|
|||
1,200,000
|
Florida Development Finance Corp., 5.0%, 6/1/51
|
1,383,000
|
|||
5,000,000
|
Florida’s Turnpike Enterprise, Department of Transportation, Series A, 4.0%, 7/1/32
|
5,512,152
|
|||
3,290,000
|
Hillsborough County Industrial Development Authority, 3.5%, 8/1/55
|
3,626,205
|
|||
7,035,000(b)
|
State of Florida, Capital Outlay, Series A, 4.0%, 6/1/38
|
8,312,556
|
|||
Total Florida
|
$24,618,613
|
||||
Georgia - 7.7%
|
|||||
6,000,000
|
Brookhaven Development Authority, 4.0%, 7/1/49
|
$6,959,700
|
|||
5,000,000
|
City of Atlanta, Water & Wastewater Revenue, Series A, 5.0%, 11/1/34
|
6,269,150
|
|||
8,750,000
|
Private Colleges & Universities Authority, Emory University, Series A, 5.0%, 10/1/43
|
9,583,262
|
|||
Total Georgia
|
$22,812,112
|
||||
Idaho - 0.7%
|
|||||
2,000,000
|
Power County Industrial Development Corp., FMC Corp. Project, 6.45%, 8/1/32
|
$2,013,260
|
|||
Total Idaho
|
$2,013,260
|
||||
Illinois - 1.5%
|
|||||
1,000,000(b)
|
Chicago Board of Education, Series A, 7.0%, 12/1/46 (144A)
|
$1,327,330
|
|||
140,903(c)
|
Illinois Finance Authority, 11/15/52
|
11,609
|
|||
223,202(e)
|
Illinois Finance Authority, 4.0%, 11/15/52
|
229,447
|
|||
1,000,000
|
Illinois Housing Development Authority, 2.15%, 10/1/41 (GNMA/FNMA/FHLMC COLL Insured)
|
997,030
|
|||
1,000,000
|
Metropolitan Pier & Exposition Authority, McCormick Place, Series B, 5.0%, 6/15/52 (ST APPROP Insured)
|
1,042,780
|
|||
1,015,000
|
Southwestern Illinois Development Authority, Village of Sauget Project, 5.625%, 11/1/26
|
964,270
|
|||
Total Illinois
|
$4,572,466
|
||||
Indiana - 0.4%
|
|||||
1,000,000
|
Indiana Finance Authority, Educational Facilities, 5.125%, 7/1/37
|
$1,128,600
|
|||
Total Indiana
|
$1,128,600
|
||||
Louisiana - 2.5%
|
|||||
7,000,000(d)
|
Jefferson Parish Hospital Service District No. 2, East Jefferson General Hospital, 6.375%, 7/1/41
|
$7,000,000
|
|||
470,000
|
Opelousas Louisiana General Hospital Authority, Opelousas General Health System Project, 5.75%, 10/1/23
|
471,612
|
|||
Total Louisiana
|
$7,471,612
|
||||
Principal
Amount USD ($) |
Value
|
||||
Maine - 1.7%
|
|||||
1,500,000(d)
|
Maine Health & Higher Educational Facilities Authority, Maine General Medical Center, 7.5%, 7/1/32
|
$1,500,000
|
|||
3,500,000
|
Maine Turnpike Authority, Series A, 5.0%, 7/1/42
|
3,637,060
|
|||
Total Maine
|
$5,137,060
|
||||
Maryland - 4.4%
|
|||||
2,000,000
|
Maryland Health & Higher Educational Facilities Authority, City Neighbors, Series A, 6.75%, 7/1/44
|
$2,166,220
|
|||
4,500,000(d)
|
Maryland Health & Higher Educational Facilities Authority, Maryland University Medical System, Series A, 5.0%, 7/1/43
|
4,715,055
|
|||
5,160,000
|
University System of Maryland, 4.0%, 4/1/42
|
6,241,742
|
|||
Total Maryland
|
$13,123,017
|
||||
Massachusetts - 14.0%
|
|||||
1,490,000(b)
|
City of Boston, Series A, 5.0%, 3/1/39
|
$1,903,371
|
|||
1,000,000(b)
|
Commonwealth of Massachusetts, 3.0%, 3/1/49
|
1,076,530
|
|||
7,000,000(c)
|
Massachusetts Bay Transportation Authority, Series A, 7/1/28
|
6,252,470
|
|||
2,200,000(d)
|
Massachusetts Development Finance Agency, Partner’s Healthcare System, Series M-4, 5.0%, 7/1/39
|
2,410,848
|
|||
4,000,000
|
Massachusetts Development Finance Agency, Partner’s Healthcare System, Series S-1, 4.0%, 7/1/41
|
4,681,400
|
|||
8,000,000
|
Massachusetts Development Finance Agency, WGBH Foundation, Series A, 5.75%, 1/1/42 (AMBAC Insured)
|
12,935,200
|
|||
4,325,000
|
Massachusetts Health & Educational Facilities Authority, Massachusetts Institute of Technology, Series K, 5.5%, 7/1/32
|
6,268,828
|
|||
2,790,000(b)
|
Town of Arlington MA, 2.0%, 9/15/40
|
2,851,240
|
|||
950,000(b)
|
Town of Plymouth MA, 2.0%, 5/1/34
|
970,824
|
|||
2,160,000(b)
|
Town of Rockland MA, 2.2%, 8/1/50
|
2,108,160
|
|||
Total Massachusetts
|
$41,458,871
|
||||
Michigan - 2.7%
|
|||||
2,000,000
|
David Ellis Academy-West, 5.25%, 6/1/45
|
$2,104,740
|
|||
395,000
|
Michigan Public Educational Facilities Authority, Crescent Academy, 7.0%, 10/1/36
|
398,444
|
|||
5,000,000
|
Michigan State University, Series A, 5.0%, 8/15/41
|
5,420,550
|
|||
Total Michigan
|
$7,923,734
|
||||
Minnesota - 1.7%
|
|||||
1,890,000
|
Bloomington Port Authority, Radisson Blu Mall of America, 9.0%, 12/1/35
|
$1,890,926
|
|||
1,000,000
|
City of Ham Lake, DaVinci Academy, Series A, 5.0%, 7/1/47
|
1,050,970
|
|||
1,740,000
|
City of Rochester, Health Care Facilities, Mayo Clinic, 4.0%, 11/15/48
|
2,015,529
|
|||
Total Minnesota
|
$4,957,425
|
||||
Montana - 0.2%
|
|||||
2,445,000(f)
|
City of Hardin, Tax Allocation, Rocky Mountain Power, Inc., Project, 6.25%, 9/1/31
|
$537,900
|
|||
1,000,000(f)
|
Two Rivers Authority, Inc., 7.375%, 11/1/27
|
76,600
|
|||
Total Montana
|
$614,500
|
||||
New Hampshire - 1.1%
|
|||||
1,000,000
|
New Hampshire Health & Education Facilities Authority Act, 5.0%, 8/1/59
|
$1,603,390
|
|||
1,375,000
|
New Hampshire Health & Education Facilities Authority Act, Catholic Medical Centre, 3.75%, 7/1/40
|
1,529,344
|
|||
Total New Hampshire
|
$3,132,734
|
||||
New Jersey - 10.1%
|
|||||
7,500,000
|
New Jersey Economic Development Authority, Continental Airlines, 5.75%, 9/15/27
|
$7,818,960
|
|||
1,000,000
|
New Jersey Economic Development Authority, Marion P. Thomas Charter School, Inc., Project, 5.375%, 10/1/50 (144A)
|
1,133,760
|
|||
3,500,000(e)
|
New Jersey State Turnpike Authority, RIB, 0.0%, 1/1/28 (144A) (AGM Insured)
|
6,275,500
|
|||
15,375,000(c)
|
New Jersey Transportation Trust Fund Authority, 12/15/27 (BHAC-CR MBIA Insured)
|
14,522,918
|
|||
Total New Jersey
|
$29,751,138
|
||||
New York - 15.5%
|
|||||
3,000,000
|
Metropolitan Transportation Authority, 4.0%, 11/15/45
|
$3,513,060
|
|||
5,000,000
|
Metropolitan Transportation Authority, 4.0%, 11/15/48
|
5,841,150
|
|||
2,250,000
|
Metropolitan Transportation Authority, 5.0%, 11/15/32
|
2,940,480
|
|||
2,000,000
|
Metropolitan Transportation Authority, 5.25%, 11/15/55
|
2,538,860
|
|||
1,325,000
|
New York City Transitional Finance Authority Future Tax Secured Revenue, 4.0%, 11/1/34
|
1,620,144
|
|||
2,500,000
|
New York State Dormitory Authority, 3.0%, 3/15/41
|
2,720,125
|
|||
2,885,000
|
New York State Dormitory Authority, Group 3, Series A, 5.0%, 3/15/41
|
3,636,023
|
|||
7,500,000
|
New York State Dormitory Authority, Series A, 4.0%, 7/1/37
|
8,910,900
|
|||
7,500,000
|
New York State Dormitory Authority, Series C, 5.0%, 3/15/39
|
8,383,350
|
|||
1,500,000
|
New York State Dormitory Authority, Trustees of Columbia University, 5.0%, 10/1/45
|
2,326,950
|
|||
2,000,000
|
New York State Urban Development Corp., 3.0%, 3/15/49
|
2,094,600
|
|||
1,256,828
|
Westchester County Healthcare Corp., Series A, 5.0%, 11/1/44
|
1,341,186
|
|||
Total New York
|
$45,866,828
|
||||
North Carolina - 2.1%
|
|||||
500,000
|
City of Charlotte NC Water & Sewer System Revenue, 2.0%, 7/1/41
|
$ 512,220
|
|||
1,000,000
|
City of Charlotte NC Water & Sewer System Revenue, 2.0%, 7/1/42
|
1,023,110
|
|||
500,000
|
City of Charlotte, Airport Revenue, Series A, 5.0%, 7/1/42
|
612,220
|
|||
1,250,000
|
City of Charlotte, Airport Revenue, Series A, 5.0%, 7/1/47
|
1,521,638
|
|||
2,500,000(b)
|
County of Mecklenburg NC, 2.0%, 3/1/41
|
2,544,025
|
|||
Total North Carolina
|
$6,213,213
|
||||
Ohio - 3.1%
|
|||||
3,000,000(d)
|
Akron Bath Copley Joint Township Hospital District, Akron General Health System, 5.0%, 1/1/31
|
$3,068,220
|
|||
Principal
Amount USD ($) |
Value
|
||||
Ohio - (continued)
|
|||||
2,000,000
|
Buckeye Tobacco Settlement Financing Authority, 4.0%, 6/1/48
|
$2,335,380
|
|||
1,000,000
|
Buckeye Tobacco Settlement Financing Authority, 5.0%, 6/1/55
|
1,168,160
|
|||
2,500,000(b)(d)
|
State of Ohio, Common Schools, Series B, 5.0%, 6/15/29
|
2,614,900
|
|||
Total Ohio
|
$9,186,660
|
||||
Oregon - 0.4%
|
|||||
1,000,000
|
Oregon Health & Science University, Series A, 5.0%, 7/1/42
|
$1,209,460
|
|||
Total Oregon
|
$1,209,460
|
||||
Pennsylvania - 5.6%
|
|||||
1,000,000
|
Chester County Industrial Development Authority, Collegium Charter School, Series A, 5.25%, 10/15/47
|
$1,142,560
|
|||
2,000,000
|
Pennsylvania Housing Finance Agency, 2.05%, 4/1/41
|
2,018,960
|
|||
3,500,000
|
Pennsylvania Turnpike Commission, 5.25%, 12/1/44
|
4,519,830
|
|||
500,000
|
Philadelphia Authority for Industrial Development, 5.5%, 6/1/49 (144A)
|
544,865
|
|||
1,000,000
|
Philadelphia Authority for Industrial Development, Global Leadership Academy Charter School Project, 5.0%, 11/15/50
|
1,037,750
|
|||
470,000
|
Philadelphia Authority for Industrial Development, Greater Philadelphia Health Action, Inc., Project, Series A, 6.625%, 6/1/50
|
500,597
|
|||
6,000,000(d)
|
Philadelphia Authority for Industrial Development, Nueva Esperanza, Inc., 8.2%, 12/1/43
|
6,701,760
|
|||
Total Pennsylvania
|
$16,466,322
|
||||
Puerto Rico - 4.3%
|
|||||
6,500,000(b)(f)
|
Commonwealth of Puerto Rico, 8.0%, 7/1/35
|
$5,378,750
|
|||
1,000,000
|
Puerto Rico Electric Power Authority, 5.25%, 7/1/21
|
973,500
|
|||
2,500,000
|
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, 5.0%, 7/1/58
|
2,881,575
|
|||
3,000,000
|
PUERTO RICO S.A.LES TAX FING COR REGD B/E, 4.784%, 7/1/58
|
3,417,810
|
|||
Total Puerto Rico
|
$12,651,635
|
||||
Rhode Island - 1.3%
|
|||||
1,355,000(f)
|
Central Falls Detention Facility Corp., 7.25%, 7/15/35
|
$ 243,900
|
|||
3,000,000
|
Rhode Island Health & Educational Building Corp., Brown University, Series A, 4.0%, 9/1/37
|
3,513,180
|
|||
Total Rhode Island
|
$3,757,080
|
||||
South Carolina - 2.1%
|
|||||
4,400,000(g)
|
Tobacco Settlement Revenue Management Authority, Series B, 6.375%, 5/15/30
|
$6,212,932
|
|||
Total South Carolina
|
$6,212,932
|
||||
South Dakota - 1.5%
|
|||||
4,000,000
|
South Dakota Health & Educational Facilities Authority, Sanford Health, Series B, 4.0%, 11/1/44
|
$4,299,160
|
|||
Total South Dakota
|
$4,299,160
|
||||
Texas - 19.3%
|
|||||
500,000
|
Arlington Higher Education Finance Corp., 5.45%, 3/1/49 (144A)
|
$574,195
|
|||
1,000,000
|
Arlington Higher Education Finance Corp., Universal Academy, Series A, 7.0%, 3/1/34
|
1,113,310
|
|||
1,500,000
|
Arlington Higher Education Finance Corp., Universal Academy, Series A, 7.125%, 3/1/44
|
1,679,295
|
|||
1,250,000
|
City of Houston TX Combined Utility System Revenue, 4.0%, 11/15/35
|
1,539,600
|
|||
2,500,000(b)
|
County of Harris, Series A, 5.0%, 10/1/26
|
2,976,825
|
|||
5,000,000(b)(d)
|
Goose Creek Consolidated Independent School District, Series C, 4.0%, 2/15/26 (PSF-GTD Insured)
|
5,482,300
|
|||
5,020,000(d)
|
Grand Parkway Transportation Corp., Series A, 5.5%, 4/1/53
|
5,613,816
|
|||
5,000,000(e)
|
Greater Texas Cultural Education Facilities Finance Corp., 9.0%, 2/1/50 (144A)
|
5,357,750
|
|||
3,000,000(d)
|
Houston Higher Education Finance Corp., St. John’s School Project, Series A, 5.0%, 9/1/38
|
3,168,390
|
|||
3,355,000
|
North Texas Tollway Authority, Series A, 5.0%, 1/1/30
|
3,887,908
|
|||
1,500,000(d)
|
Red River Health Facilities Development Corp., MRC Crestview, Series A, 8.0%, 11/15/41
|
1,542,300
|
|||
2,000,000(b)(d)
|
Richardson Independent School District, School Building, 5.0%, 2/15/38 (PSF-GTD Insured)
|
2,149,600
|
|||
6,960,000(f)
|
Sanger Industrial Development Corp., Texas Pellets Project, Series B, 8.0%, 7/1/38
|
1,713,900
|
|||
986,384
|
Texas Department of Housing & Community Affairs, 2.3%, 7/1/37 (FNMA HUD SECT 8 Insured)
|
1,013,144
|
|||
1,000,000(e)
|
Texas Midwest Public Facility Corp., 0.0%, 12/1/30
|
479,800
|
|||
350,000
|
Texas Municipal Gas Acquisition & Supply Corp. III, 5.0%, 12/15/32
|
473,204
|
|||
3,365,000
|
Texas Private Activity Bond Surface Transportation Corp., NTE Mobility Partners LLC, 7.0%, 12/31/38
|
3,727,175
|
|||
1,165,000
|
Texas Water Development Board, 4.0%, 10/15/44
|
1,394,190
|
|||
5,000,000(b)(d)
|
Tyler Independent School District, School Building, 5.0%, 2/15/38 (PSF-GTD Insured)
|
5,372,550
|
|||
5,000,000
|
University of Texas System, Financing System, Series A, 5.0%, 8/15/49
|
7,851,000
|
|||
Total Texas
|
$57,110,252
|
||||
Utah - 2.2%
|
|||||
5,000,000
|
County of Utah, IHC Health Services, Inc., Series B, 4.0%, 5/15/47
|
$5,341,550
|
|||
1,000,000
|
Salt Lake City Corp., Airport Revenue, Series B, 5.0%, 7/1/36
|
1,228,350
|
|||
Total Utah
|
$6,569,900
|
||||
Vermont - 0.7%
|
|||||
2,000,000
|
Vermont Educational & Health Buildings Financing Agency, Green Bond, 4.0%, 12/1/42
|
$2,206,020
|
|||
Total Vermont
|
$2,206,020
|
||||
Virginia - 12.5%
|
|||||
3,235,000(b)
|
City of Alexandria VA, 3.0%, 7/15/46 (ST AID WITHHLDG Insured)
|
$3,583,022
|
|||
2,275,000(b)
|
County of Arlington, 4.0%, 8/15/35
|
2,662,910
|
|||
4,000,000(b)
|
County of Fairfax VA, 2.0%, 10/1/34 (ST AID WITHHLDG Insured)
|
4,236,640
|
|||
4,550,000
|
Tobacco Settlement Financing Corp., Series B-1, 5.0%, 6/1/47
|
4,620,525
|
|||
5,000,000
|
University of Virginia, Multi Year Capital Project, Series A, 4.0%, 8/1/48
|
5,825,700
|
|||
5,000,000
|
University of Virginia, Series A, 5.0%, 4/1/42
|
6,120,500
|
|||
4,955,000
|
Virginia College Building Authority, 3.0%, 2/1/36
|
5,475,572
|
|||
1,000,000
|
Virginia Public Building Authority, 4.0%, 8/1/40
|
1,222,880
|
|||
Principal
Amount USD ($) |
Value
|
||||
Virginia - (continued)
|
|||||
3,000,000
|
Virginia Public School Authority Revenue, 4.0%, 8/1/25 (ST AID WITHHLDG Insured)
|
$3,347,970
|
|||
Total Virginia
|
$37,095,719
|
||||
Washington - 7.8%
|
|||||
1,335,000
|
Central Puget Sound Regional Transit Authority, Green Bond, Series S-1, 5.0%, 11/1/46
|
$2,058,730
|
|||
3,000,000
|
City of Seattle, Water System Revenue, 4.0%, 8/1/32
|
3,483,750
|
|||
2,500,000(b)
|
King County, Issaquah School District No. 411, 4.0%, 12/1/31 (SCH BD GTY Insured)
|
2,866,500
|
|||
4,000,000(b)
|
State of Washington, 4.0%, 7/1/39
|
4,939,120
|
|||
3,435,000(b)
|
State of Washington, 5.0%, 6/1/41
|
4,444,444
|
|||
2,500,000
|
University of Washington, Series B, 5.0%, 6/1/29
|
2,936,550
|
|||
1,000,000
|
Washington Health Care Facilities Authority, 4.0%, 8/1/44
|
1,146,200
|
|||
1,100,000(d)
|
Washington State Housing Finance Commission, Mirabella Project, Series A, 6.75%, 10/1/47 (144A)
|
1,189,672
|
|||
Total Washington
|
$23,064,966
|
||||
Wisconsin - 1.6%
|
|||||
750,000
|
Public Finance Authority, Roseman University Health Sciences Project, 5.875%, 4/1/45
|
$798,135
|
|||
1,000,000
|
Public Finance Authority, SearStone CCRC Project, Series A, 5.3%, 6/1/47
|
1,007,520
|
|||
1,455,000(d)
|
Public Finance Authority, SearStone CCRC Project, Series A, 8.625%, 6/1/47
|
1,559,149
|
|||
1,220,000
|
Wisconsin Housing & Economic Development Authority, 2.95%, 3/1/42 (FNMA COLL Insured)
|
1,276,108
|
|||
Total Wisconsin
|
$4,640,912
|
||||
TOTAL MUNICIPAL BONDS
|
|||||
(Cost $430,905,699)
|
$466,826,797
|
||||
TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS - 157.7%
|
|||||
(Cost $430,905,699)
|
$466,826,797
|
||||
OTHER ASSETS AND LIABILITIES - (57.7)%
|
$(170,763,737)
|
||||
NET ASSETS APPLICABLE TO COMMON SHAREOWNERS - 100.0%
|
$296,063,060
|
AGM
|
Assured Guaranty Municipal Corp.
|
|
AMBAC
|
Ambac Assurance Corp.
|
|
BHAC-CR MBIA
|
Berkshire Hathaway Assurance Corp.
|
|
FHLMC COLL
|
Federal Home Loan Mortgage Corporation Collateral.
|
|
FNMA
|
Federal National Mortgage Association.
|
|
FNMA COLL
|
Federal National Mortgage Association Collateral.
|
|
FNMA HUD SECT 8
|
Federal National Mortgage Association U.S. Department of Housing and Urban Development Section 8.
|
|
GNMA
|
Government National Mortgage Association.
|
|
PSF-GTD
|
Permanent School Fund Guaranteed.
|
|
RIB
|
Residual Interest Bond is purchased in a secondary market. The interest rate is subject to change periodically and inversely based upon prevailing market rates. The interest rate shown is the rate at June 30, 2021.
|
|
SCH BD GTY
|
School Board Guaranty.
|
|
ST AID WITHHLDG
|
State Aid Withholding.
|
|
ST APPROP
|
State Appropriations.
|
|
(144A)
|
Security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold normally to qualified institutional buyers in a transaction exempt from registration. At June 30,
2021, the value of these securities amounted to $21,354,153, or 7.2% of net assets applicable to common shareowners.
|
(a)
|
Consists of Revenue Bonds unless otherwise indicated.
|
(b)
|
Represents a General Obligation Bond.
|
(c)
|
Security issued with a zero coupon. Income is recognized through accretion of discount.
|
(d)
|
Pre-refunded bonds have been collateralized by U.S. Treasury or U.S. Government Agency securities which are held in escrow to pay interest and principal on the tax exempt issue and to retire the bonds in full at the earliest refunding
date.
|
(e)
|
The interest rate is subject to change periodically. The interest rate and/or reference index and spread shown at June 30, 2021.
|
(f)
|
Security is in default.
|
(g)
|
Escrow to maturity.
|
Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in the three broad levels below.
|
Level 1 - unadjusted quoted prices in active markets for identical securities.
|
Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.).
|
Level 3 - significant unobservable inputs (including the Fund’s own assumptions in determining fair value of investments).
|
The following is a summary of the inputs used as of June 30, 2021, in valuing the Fund’s investments:
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|||||||||||||
Municipal Bonds
|
$
|
–
|
$
|
466,826,797
|
$
|
–
|
$
|
466,826,797
|
||||||||
Total Investments in Securities
|
$
|
–
|
$
|
466,826,797
|
$
|
–
|
$
|
466,826,797
|
||||||||
Other Financial Instruments:
|
||||||||||||||||
Variable Rate MuniFund Term
Preferred Shares(a)
|
$
|
–
|
$
|
(180,000,000
|
)
|
$
|
–
|
$
|
(180,000,000
|
)
|
||||||
Total Other Financial Instruments
|
$
|
–
|
$
|
(180,000,000
|
)
|
$
|
–
|
$
|
(180,000,000
|
)
|