N-CSRS 1 muni_final.htm VANGUARR MUNICIPAL BOND FUNDS muni_final.htm - Generated by SEC Publisher for SEC Filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF

REGISTERED MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number: 811-02687

Name of Registrant: Vanguard Municipal Bond Funds
Address of Registrant: P.O. Box 2600
  Valley Forge, PA 19482
 
Name and address of agent for service: Anne E. Robinson, Esquire
  P.O. Box 876
  Valley Forge, PA 19482

 

Registrant’s telephone number, including area code: (610) 669-1000

Date of fiscal year end: October 31

Date of reporting period: October 31, 2016 – April 30, 2017

Item 1: Reports to Shareholders

 



Semiannual Report | April 30, 2017

Vanguard Municipal Money Market Fund

 

A new format, unwavering commitment

As you begin reading this report, you’ll notice that we’ve made some improvements to the opening sections—based on feedback from you, our clients.

Page 1 starts with a new ”Your Fund’s Performance at a Glance,” a concise, handy summary of how your fund performed during the period.

In the renamed ”Chairman’s Perspective,” Bill McNabb will focus on enduring principles and investment insights.

We’ve modified some tables, and eliminated some redundancy, but we haven’t removed any information.

At Vanguard, we’re always looking for better ways to communicate and to help you make sound investment decisions. Thank you for entrusting your assets to us.

Contents  
Your Fund’s Performance at a Glance. 1
Chairman’s Perspective. 2
Advisor’s Report. 6
Fund Profile. 9
Performance Summary. 10
Financial Statements. 11
About Your Fund’s Expenses. 51
Trustees Approve Advisory Arrangement. 53
Glossary. 55

 

Please note: The opinions expressed in this report are just that—informed opinions. They should not be considered promises or advice. Also, please keep in mind that the information and opinions cover the period through the date on the front of this report. Of course, the risks of investing in your fund are spelled out in the prospectus.

See the Glossary for definitions of investment terms used in this report.

About the cover: No matter what language you speak, Vanguard has one consistent message and set of principles. Our primary focus is on you, our clients. We conduct our business with integrity as a faithful steward of your assets. This message is shown translated into seven languages, reflecting our expanding global presence.

 

Your Fund’s Performance at a Glance

• For the six months ended April 30, 2017, Vanguard Municipal Money Market Fund returned 0.29%. Its performance exceeded the 0.16% average return of its tax-exempt money market peers.

• The Federal Reserve increased interest rates twice during the period, raising the target range for the federal funds rate to 0.75%–1.00%. The Fed has raised rates only three times since the 2008–09 financial crisis.

• The lingering effects of new money market regulations, and a reduction in refundings as interest rates rose, impacted the fund. We made portfolio moves around these shorter-term market conditions, adding incremental value.

• Your fund’s portfolio is diversified across issuers in multiple states. Still, we are closely monitoring some areas where fiscal woes could pressure bond prices.

Total Returns: Six Months Ended April 30, 2017          
    Taxable-      
  7-Day Equivalent Income Capital Total
  SEC Yield Yield 1 Return Return Return
Vanguard Municipal Money Market Fund 0.78% 1.38 0.29% 0.00% 0.29%
Tax-Exempt Money Market Funds Average2         0.16

1 This calculation, which assumes a typical itemized tax return, is based on the maximum federal income tax rate of 43.4%. State and local taxes were not considered. Please see the prospectus for a detailed explanation of the calculation.

2 Derived from data provided by Lipper, a Thomson Reuters Company.

 

 

Expense Ratios    
Your Fund Compared With Its Peer Group    
    Peer Group
  Fund Average
Municipal Money Market Fund 0.15% 0.14%

 

The fund expense ratio shown is from the prospectus dated February 23, 2017, and represents estimated costs for the current fiscal year. For the six months ended April 30, 2017, the fund’s annualized expense ratio was 0.15%. The peer-group expense ratio is derived from data provided by Lipper, a Thomson Reuters Company, and captures information through year-end 2016.

Peer Group: Tax-Exempt Money Market Funds.

1

 

Chairman’s Perspective

Bill McNabb
Chairman and Chief Executive Officer

Dear Shareholder,

“Buy what you know.”

It’s one of the adages of investing, and it has plenty of intuitive appeal. After all, the familiar seems inherently less risky. It’s no wonder that many investors heavily tilt their portfolios toward the stocks and bonds of their home country. This is known in investing parlance as “home bias.”

U.S. investors sometimes think they can get all the global diversification they need by owning shares of U.S.-based multinational companies. And that may seem like the best of both worlds: international diversification without ever leaving the friendly confines of home.

The potential pitfall is that, as Vanguard research has suggested, the performance of a company’s shares tends to be highly correlated to its domestic market, regardless of where that company conducts most of its business.

Americans aren’t alone in being portfolio homebodies. Vanguard has found that in a range of developed countries—Australia, Canada, Japan, and the United Kingdom, as well as the United States—investors held a greater percentage of domestic stocks than would be indicated if they had taken their cues from a globally diversified, market-weighted benchmark. (You can see this tendency in the chart later in this letter.)

2

 

Why home bias exists

Vanguard’s Investment Strategy Group identified a range of reasons why investors might not embrace global diversification, including concerns about currency risk and an expectation that their home country will deliver outsized returns.

One factor we identified—preference for the familiar—seems particularly relevant. With so much global uncertainty about geopolitics, monetary policy, and the economic outlook, it’s understandable why investors may not want to stray too far from home.

But in their aversion to the unknown, investors can end up increasing, rather than lessening, their risks. That’s

because they’re sacrificing broad global diversification—one of the best ways I know of to help control risk.

In many cases, individual country markets are much less diversified than the global market in total. Global investing, then, can be an answer for investors who want to reduce concentration risk. That can include overconcentration in a particular country, region, or industry.

And the good news is that global investing is easier than ever, thanks to the wide availability of low-cost, internationally diversified stock and bond funds. It’s possible, in a sense, to own the whole world with just a couple of funds.

Market Barometer      
      Total Returns
    Periods Ended April 30, 2017
  Six One Five Years
  Months Year (Annualized)
Stocks      
Russell 1000 Index (Large-caps) 13.46% 18.03% 13.63%
Russell 2000 Index (Small-caps) 18.37 25.63 12.95
Russell 3000 Index (Broad U.S. market) 13.83 18.58 13.57
FTSE All-World ex US Index (International) 10.55 12.98 5.60
 
Bonds      
Bloomberg Barclays U.S. Aggregate Bond Index      
(Broad taxable market) -0.67% 0.83% 2.27%
Bloomberg Barclays Municipal Bond Index      
(Broad tax-exempt market) -0.34 0.14 3.16
Citigroup Three-Month U.S. Treasury Bill Index 0.23 0.37 0.11
 
CPI      
Consumer Price Index 1.16% 2.20% 1.22%

 

3

 

Expanding our opportunities

A key to overcoming home bias is reframing the way we look at investing outside our home countries. Take, for example, automakers or pharmaceutical companies. There are well-regarded firms in both industries located throughout the world. Over the next five years, nobody can know for sure whether a Japanese or U.S. or European company will produce a popular new sedan that outsells the competition or come up with new treatments to combat illness. So why not own them all? And that includes their bonds along with their stocks.

Full global diversification also allows you to capitalize on opportunities in both developed and emerging economies. Betting on which individual country—let alone company—will be the next market darling can be a fool’s errand.

A better choice can be to harness the potential of all markets. In my personal investment account, I have an emerging markets position that complements my developed-market holdings. Not only can global diversification help control risk, but it can also expand our set of opportunities among stocks and bonds.

Home bias shows investors across the world are fixated on the familiar

Investors often own a greater share of their home country’s stocks than would be indicated by the allocations of a globally diversified, market-capitalization-weighted index fund.


Global index weight
Investor holdings in domestic equities

Notes: Data as of December 31, 2014 (the latest available from the International Monetary Fund, or IMF), in U.S. dollars. Domestic investment is calculated by subtracting total foreign investment (as reported by the IMF) in a given country from its market capitalization in the MSCI All Country World Index. Given that the IMF data are voluntary, there may be some discrepancies between the market values in the survey and the MSCI ACWI.

Sources: Vanguard, based on data from the IMF’s Coordinated Portfolio Investment Survey (2014), Bloomberg, Thomson Reuters Datastream, and FactSet.

4

 

Ultimately, I believe we have the best chance for investment success by giving ourselves more opportunities, not fewer. Own the whole haystack and you never have to worry about finding the needle.

Thank you for entrusting your assets to Vanguard.


F. William McNabb III

Chairman and Chief Executive Officer

May 12, 2017

5

 

Advisor’s Report

For the six months ended April 30, 2017, Vanguard Municipal Money Market Fund returned 0.29%, exceeding the 0.16% average return of its tax-exempt money market peers.

Please note that your fund is allowed to invest in securities whose income is subject to the alternative minimum tax (AMT). As of April 30, 2017, your fund owned securities that would generate income distributions subject to the AMT.

Investment environment

During the period, the Federal Reserve increased interest rates twice, raising the range for the federal funds rate to 0.75%–1.00% and marking just the second and third times it has made such a move since the financial crisis.

The Fed’s decisions signaled a normalization of monetary policy and came as the U.S. economy posted mostly positive results. Fourth-quarter economic growth was

in line with estimates. But GDP growth was lackluster in the first quarter of 2017, largely because of a drop-off in consumer spending. The housing and manufacturing sectors reported decent activity during the period, and unemployment hit 4.4% in April, its lowest level since 2007. Wages ticked up, and some commodities, including oil, posted price increases; this helped inflation inch closer to the Fed’s 2% target. Given that backdrop, the Fed signaled that other hikes could be announced in the near term.

The Fed’s positive outlook on future economic expansion carried over to the U.S. stock market, where several indexes hit all-time highs during the period. Although the resilient economy played a part in the rally, strong corporate earnings and the prospect of tax reform, increased infrastructure spending, and greater deregulation also contributed to a shift toward riskier assets. That sentiment, however, tapered off near the end of the

Yields of Municipal Bonds    
(AAA-Rated General-Obligation Issues)    
  October 31, April 30,
Maturity 2016 2017
2 years 0.85% 0.99%
5 years 1.14 1.43
10 years 1.74 2.18
30 years 2.56 3.05
Source: Vanguard.    

 

6

 

period as investors realized that a legislative agenda might take more time to materialize.

Demand for some fixed income securities decreased, which caused their yields to increase. Over the six months, the yield of the 10-year Treasury note increased 45 basis points to 2.28%, and the 30-year yield rose 37 basis points to 2.95%. The yields on money market-eligible securities also rose.

Municipal bond supply was down modestly from the same period last year, largely because of a decline in refunding issuance as interest rates climbed higher. Municipal bond fund cash flows turned negative in the wake of the U.S. elections but reversed somewhat toward the end of the period. Short- and medium-term muni bonds outperformed Treasuries.

Overseas, major central banks kept their monetary policies accommodative. Political uncertainty eased somewhat as voters in the Netherlands and France turned back nationalist candidates that were focused on dismantling the European Union. Stocks across Europe and Asia rose during the period.

Management of the fund

The fund was impacted by the lingering effects of money market reforms, which were implemented in October 2016 and designed to keep funds stable in times of stress, and a decrease in refundings as interest rates rose, which affected supply.

We made tactical decisions around these shorter-term market conditions throughout the period, adding incremental value.

In an unpredictable interest rate environment, we maintained high levels of liquidity and a short weighted average maturity, which allowed us to quickly adjust to rate changes. For example, we continued to favor variable-rate demand notes, which reset as interest rates fluctuate, over similar securities with fixed rates.

Your fund’s portfolio is diversified across issuers in multiple states. Still, we are closely monitoring the situation in some areas where fiscal woes could pressure bond prices.

The outlook

Absent an unexpected external shock, the U.S. economy looks set to continue its steady growth, with real GDP likely to be around 2% in 2017, or maybe closer to 2.5% if the implementation of the administration’s agenda has a positive effect on the economy. Although job growth may slow given the tightening we’ve seen in the labor market, competition for labor could push up the pace of annual wage increases. That should provide some support to inflation in the short term but not so much as to make it significantly overshoot the central bank’s 2% target.

We’re encouraged by the Fed’s decision to continue the process of normalizing rates, which have been near zero since 2009.

7

 

By year end, the federal funds rate could increase to 1.25%–1.5%, and we might see the Fed begin to reduce its balance sheet. Nevertheless, we think the Fed will maintain its gradual and “dovish” policy approach, given the structural anti-inflationary forces still at work in the global economy.

If growth and inflation remain modest, the cost of borrowing shouldn’t get out of hand, especially if yields in the United States remain attractive compared with those of other developed economies. International demand should help cap how high U.S. bond yields can rise.

Although the pro-business, pro-growth agenda of the new administration could give the economy a boost, it remains to be seen what laws will be passed and what the financial markets’ reaction will be. Needless to say, we will be closely monitoring developments that could negatively impact our outlook for munis, such as changes to the marginal tax rates for individuals and corporations, a cap on the level of tax exemption for munis, and increased muni issuance should infrastructure spending ramp up significantly.

Although we may see more volatility in 2017, we would expect munis to continue to offer relative stability and a steady stream of income. And whatever the markets may bring, our experienced team of portfolio managers, traders, and credit analysts will continue to seek opportunities to produce competitive returns.

Christopher W. Alwine, CFA, Principal, Head of Municipal Group Justin A. Schwartz, CFA, Portfolio Manager, Head of Municipal Money Market Funds Vanguard Fixed Income Group May 11, 2017

8

 

Municipal Money Market Fund

Fund Profile  
As of April 30, 2017  
 
Financial Attributes  
Ticker Symbol VMSXX
Expense Ratio1 0.15%
7-Day SEC Yield 0.78%
Average Weighted  
Maturity 19 days

 

Largest Area Concentrations  
Multiple States 11.7%
New York 10.9
Texas 9.5
Illinois 4.9
Florida 4.2
Tennessee 3.7
Wisconsin 3.2
Colorado 3.2
Ohio 3.0
California 2.9
Top Ten 57.2%

 

1 The expense ratio shown is from the prospectus dated February 23, 2017, and represents estimated costs for the current fiscal year. For the six months ended April 30, 2017, the annualized expense ratio was 0.15%.

9

 

Municipal Money Market Fund

Performance Summary

Investment returns will fluctuate. All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) The returns shown do not reflect taxes that a shareholder would pay on fund distributions. The fund is only available to retail investors (natural persons). You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

The fund’s 7-day SEC yield reflects its current earnings more closely than do the average annual returns.

Fiscal-Year Total Returns (%): October 31, 2006, Through April 30, 2017  
    Tax-Exempt
    Money Mkt
    Funds Average
Fiscal Year Total Returns Total Returns1
2007 3.65% 2.99%
2008 2.63 2.03
2009 0.60 0.27
2010 0.14 0.00
2011 0.09 0.00
2012 0.04 0.00
2013 0.02 0.00
2014 0.01 0.01
2015 0.01 0.01
2016 0.25 0.07
2017 0.29 0.16
7-day SEC yield (4/30/2017): 0.78%    
1 Derived from data provided by Lipper, a Thomson Reuters Company.    
Note: For 2017, performance data reflect the six months ended April 30, 2017.  

 

Average Annual Total Returns: Periods Ended March 31, 2017

This table presents returns through the latest calendar quarter—rather than through the end of the fiscal period.

Securities and Exchange Commission rules require that we provide this information.

  Inception Date One Year Five Years Ten Years
Municipal Money Market Fund 6/10/1980 0.47% 0.11% 0.61%
 
See Financial Highlights for dividend information.        

 

10

 

Municipal Money Market Fund

Financial Statements (unaudited)

Statement of Net Assets
As of April 30, 2017

The fund reports a complete list of its holdings in various monthly and quarterly regulatory filings. The fund publishes its holdings on a monthly basis at vanguard.com and files them with the Securities and Exchange Commission on Form N-MFP. The fund’s Form N-MFP filings may be viewed at sec.gov or via a link on the “Portfolio Holdings” page on vanguard.com. For the second and fourth fiscal quarters, the lists appear in the fund’s semiannual and annual reports to shareholders. For the first and third fiscal quarters, the fund files the lists with the SEC on Form N-Q. Shareholders can look up the fund’s Forms N-Q on the SEC’s website at sec.gov. Forms N-Q may also be reviewed and copied at the SEC’s Public Reference Room (see the back cover of this report for further information).

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Tax-Exempt Municipal Bonds (94.4%)        
Alabama (0.7%)        
1 Alabama Federal Aid Highway Finance Authority        
Special Obligation Revenue TOB VRDO 0.930% 5/5/17 5,000 5,000
1 Alabama Special Care Facilities Financing        
Authority Birmingham Revenue (Ascension        
Health Credit Group) TOB VRDO 0.920% 5/5/17 18,845 18,845
1 Auburn University Alabama General Fee Revenue        
TOB VRDO 0.930% 5/5/17 16,125 16,125
Tuscaloosa County AL Industrial Development        
Authority Gulf Opportunity Zone Revenue        
(Hunt Refining Project) VRDO 0.910% 5/5/17 LOC 6,000 6,000
Tuscaloosa County AL Industrial Development        
Authority Gulf Opportunity Zone Revenue        
(Hunt Refining Project) VRDO 0.920% 5/5/17 LOC 14,000 14,000
Tuscaloosa County AL Industrial Development        
Authority Gulf Opportunity Zone Revenue        
(Hunt Refining Project) VRDO 0.920% 5/5/17 LOC 20,000 20,000
Tuscaloosa County AL Industrial Development        
Authority Gulf Opportunity Zone Revenue        
(Hunt Refining Project) VRDO 0.920% 5/5/17 LOC 20,000 20,000
Tuscaloosa County AL Industrial Development        
Authority Gulf Opportunity Zone Revenue        
(Hunt Refining Project) VRDO 0.920% 5/5/17 LOC 24,000 24,000
        123,970
Alaska (0.1%)        
Alaska Student Loan Corp. Education Loan        
Revenue VRDO 0.920% 5/5/17 LOC 13,655 13,655
Valdez AK Marine Terminal Revenue        
(Exxon Pipeline Co.) VRDO 0.860% 5/1/17 1,400 1,400
        15,055
Arizona (1.4%)        
1 Arizona Health Facilities Authority Revenue        
(Banner Health) TOB VRDO 0.930% 5/5/17 21,000 21,000
1 Arizona Health Facilities Authority Revenue        
(Banner Health) TOB VRDO 0.990% 5/5/17 (Prere.) 5,500 5,500
Arizona Health Facilities Authority Revenue        
(Banner Health) VRDO 0.890% 5/5/17 LOC 14,915 14,915

 

11

 

Municipal Money Market Fund        
 
 
 
        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Arizona Health Facilities Authority Revenue        
  (Banner Health) VRDO 0.890% 5/5/17 LOC 61,185 61,185
  Arizona Health Facilities Authority Revenue        
  (Banner Health) VRDO 0.900% 5/5/17 LOC 9,130 9,130
  Arizona Health Facilities Authority Revenue        
  (Banner Health) VRDO 0.900% 5/5/17 LOC 27,305 27,305
  Arizona Health Facilities Authority Revenue        
  (Banner Health) VRDO 0.930% 5/5/17 LOC 16,525 16,525
1 Arizona Transportation Board Highway Revenue        
  TOB VRDO 0.930% 5/5/17 6,605 6,605
1 Arizona Transportation Board Highway Revenue        
  TOB VRDO 0.930% 5/5/17 12,745 12,745
1 Mesa AZ Utility System Revenue TOB VRDO 0.930% 5/5/17 8,250 8,250
1 Mesa AZ Utility System Revenue TOB VRDO 0.930% 5/5/17 7,500 7,500
1 Phoenix AZ Civic Improvement Corp. Airport        
  Revenue TOB VRDO 0.970% 5/5/17 1,000 1,000
1 Phoenix AZ Civic Improvement Corp. Water        
  System Revenue TOB VRDO 0.930% 5/5/17 (Prere.) 5,000 5,000
1,2 Salt River Project Arizona Agricultural        
  Improvement & Power District Revenue        
  TOB PUT 0.970% 5/4/17 16,000 16,000
1 Salt River Project Arizona Agricultural        
  Improvement & Power District Revenue        
  TOB VRDO 0.930% 5/5/17 5,650 5,650
1 Salt River Project Arizona Agricultural        
  Improvement & Power District Revenue        
  TOB VRDO 0.930% 5/5/17 4,000 4,000
1 Tempe AZ Union High School District No. 213        
  GO TOB VRDO 0.930% 5/5/17 6,840 6,840
1 University of Arizona Revenue TOB VRDO 0.930% 5/5/17 6,715 6,715
          235,865
California (2.9%)        
1 Bay Area Toll Authority California Toll Bridge        
  Revenue (San Francisco Bay Area) TOB VRDO 0.940% 5/5/17 5,570 5,570
  Big Bear Lake CA Industrial Revenue        
  (Southwest Gas Corp. Project) VRDO 0.930% 5/5/17 LOC 24,000 24,000
1 California Educational Facilities Authority        
  Revenue (University of Southern California)        
  TOB VRDO 0.930% 5/5/17 5,050 5,050
  California GO VRDO 0.880% 5/5/17 LOC 14,430 14,430
  California Health Facilities Financing Authority        
  Revenue (Kaiser Permanente) VRDO 0.900% 5/5/17 93,995 93,995
1 California Health Facilities Financing Authority        
  Revenue (Sutter Health) TOB VRDO 0.930% 5/5/17 6,650 6,650
1 California Health Facilities Financing Authority        
  Revenue (Sutter Health) TOB VRDO 0.930% 5/5/17 5,000 5,000
1 California Health Facilities Financing Authority        
  Revenue (Sutter Health) TOB VRDO 0.930% 5/5/17 3,660 3,660
1 California Health Facilities Financing Authority        
  Revenue (Sutter Health) TOB VRDO 0.930% 5/5/17 18,980 18,980
  California Pollution Control Financing Authority        
  Revenue (Pacific Gas & Electric Co.) VRDO 0.890% 5/1/17 LOC 11,750 11,750

 

12

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
California Statewide Communities Development        
Authority Revenue (Community Hospital of the        
Monterey Peninsula) VRDO 0.880% 5/5/17 LOC 9,100 9,100
California Statewide Communities Development        
Authority Revenue (Kaiser Permanente) VRDO 0.920% 5/5/17 47,445 47,445
1 California Statewide Communities Development        
Authority Revenue (Sutter Health) TOB VRDO 0.930% 5/5/17 20,000 20,000
1 Foothill-De Anza CA Community College District        
GO TOB VRDO 0.930% 5/5/17 7,500 7,500
1 Los Angeles CA Department of Airports        
International Airport Revenue TOB VRDO 0.960% 5/5/17 4,395 4,395
Los Angeles CA TRAN 3.000% 6/29/17 67,500 67,752
1 Nuveen California Dividend Advantage Municipal        
Fund VRDP VRDO 1.020% 5/5/17 LOC 31,000 31,000
1 Nuveen California Dividend Advantage Municipal        
Fund VRDP VRDO 1.020% 5/5/17 LOC 21,000 21,000
1 Nuveen California Dividend Advantage Municipal        
Fund VRDP VRDO 1.030% 5/5/17 LOC 10,000 10,000
1 Nuveen California Dividend Advantage Municipal        
Fund VRDP VRDO 1.030% 5/5/17 LOC 20,000 20,000
Otay CA Water District (Capital Project) COP        
VRDO 0.910% 5/5/17 LOC 3,810 3,810
1 Regents of the University of California Revenue        
TOB VRDO 0.930% 5/5/17 7,600 7,600
1 Regents of the University of California Revenue        
TOB VRDO 0.930% 5/5/17 14,270 14,270
Riverside County CA COP VRDO 0.870% 5/5/17 LOC 10,750 10,750
1 San Diego CA Community College District GO        
TOB VRDO 0.950% 5/5/17 (Prere.) 1,165 1,165
1 San Diego CA Public Facilities Financing        
Authority Water Revenue TOB VRDO 0.930% 5/5/17 6,105 6,105
1 San Mateo County CA Community College        
District GO TOB VRDO 0.930% 5/5/17 8,810 8,810
1 Sweetwater CA Unified School District GO TOB        
VRDO 0.930% 5/5/17 (13) 13,600 13,600
1 West Valley-Mission CA Community College        
District GO TOB VRDO 0.930% 5/5/17 8,500 8,500
        501,887
Colorado (3.2%)        
1 Adams County CO COP TOB VRDO 0.950% 5/5/17 6,825 6,825
1 Board of Governors of the Colorado State        
University System Enterprise Revenue TOB        
VRDO 0.950% 5/5/17 8,665 8,665
Colorado Education Loan Program Revenue 2.000% 6/29/17 25,700 25,747
Colorado Education Loan Program Revenue 3.000% 6/29/17 40,000 40,139
Colorado Education Loan Program Revenue 5.000% 6/29/17 24,300 24,462
Colorado General Fund Revenue 2.000% 6/27/17 34,000 34,060
1 Colorado Health Facilities Authority Revenue        
(Adventist Health System/Sunbelt Obligated        
Group) TOB VRDO 0.930% 5/5/17 1,950 1,950
1 Colorado Health Facilities Authority Revenue        
(Catholic Health Initiatives) TOB VRDO 1.050% 5/5/17 (Prere.) 10,000 10,000
1 Colorado Health Facilities Authority Revenue        
(Catholic Health Initiatives) TOB VRDO 1.050% 5/5/17 (Prere.) 5,305 5,305

 

13

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
1 Colorado Health Facilities Authority Revenue        
(Catholic Health Initiatives) TOB VRDO 1.080% 5/5/17 (Prere.) 18,750 18,750
Colorado Health Facilities Authority Revenue        
(Evangelical Lutheran Good Samaritan Society        
Project) VRDO 0.900% 5/5/17 LOC 11,280 11,280
1 Colorado Health Facilities Authority Revenue        
(Sisters of Charity of Leavenworth Health        
System) TOB VRDO 0.930% 5/5/17 13,635 13,635
1 Colorado Health Facilities Authority Revenue        
(Sisters of Charity of Leavenworth Health        
System) TOB VRDO 0.930% 5/5/17 6,000 6,000
1 Colorado Health Facilities Authority Revenue        
(Sisters of Charity of Leavenworth Health        
System) TOB VRDO 0.930% 5/5/17 20,295 20,295
1 Colorado Health Facilities Authority Revenue        
(Sisters of Charity of Leavenworth Health        
System) TOB VRDO 0.940% 5/5/17 7,175 7,175
Colorado Health Facilities Authority Revenue        
(Sisters of Charity of Leavenworth Health        
System) VRDO 0.890% 5/5/17 8,250 8,250
Colorado Health Facilities Authority Revenue        
(Sisters of Charity of Leavenworth Health        
System) VRDO 0.900% 5/5/17 25,490 25,490
Colorado Health Facilities Authority Revenue        
(Sisters of Charity of Leavenworth Health        
System) VRDO 0.900% 5/5/17 33,495 33,495
Colorado Housing & Finance Authority        
Multi-Family Mortgage Revenue VRDO 0.900% 5/5/17 6,310 6,310
Colorado Housing & Finance Authority        
Multi-Family Mortgage Revenue VRDO 0.900% 5/5/17 19,340 19,340
Colorado Housing & Finance Authority        
Multi-Family Mortgage Revenue VRDO 0.910% 5/5/17 7,320 7,320
Colorado Housing & Finance Authority Single        
Family Mortgage Revenue VRDO 0.890% 5/5/17 6,230 6,230
Colorado Housing & Finance Authority Single        
Family Mortgage Revenue VRDO 0.900% 5/5/17 14,605 14,605
Colorado Housing & Finance Authority Single        
Family Mortgage Revenue VRDO 0.910% 5/5/17 9,100 9,100
Colorado Housing & Finance Authority Single        
Family Mortgage Revenue VRDO 0.910% 5/5/17 4,955 4,955
Colorado Housing & Finance Authority Single        
Family Mortgage Revenue VRDO 0.950% 5/5/17 5,525 5,525
Colorado Housing & Finance Authority Single        
Family Mortgage Revenue VRDO 0.950% 5/5/17 12,800 12,800
Colorado Housing & Finance Authority Single        
Family Mortgage Revenue VRDO 0.950% 5/5/17 8,900 8,900
1 Colorado Springs CO Utility System Revenue        
TOB VRDO 0.930% 5/5/17 9,810 9,810
Colorado Springs CO Utility System Revenue        
VRDO 0.880% 5/5/17 8,850 8,850
Colorado Springs CO Utility System Revenue        
VRDO 0.900% 5/5/17 27,300 27,300
1 Denver CO City & County Airport Revenue TOB        
VRDO 0.970% 5/5/17 LOC 25,000 25,000

 

14

 

Municipal Money Market Fund        
 
 
 
        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
1 Denver CO City & County Justice System        
  Facilities GO TOB VRDO 1.020% 5/5/17 7,500 7,500
  University of Colorado Hospital Authority        
  Revenue VRDO 0.930% 5/5/17 32,685 32,685
  University of Colorado Hospital Authority        
  Revenue VRDO 0.930% 5/5/17 35,125 35,125
          542,878
Connecticut (0.6%)        
1 Connecticut GO TOB VRDO 0.940% 5/5/17 2,000 2,000
  Connecticut Health & Educational Facilities        
  Authority Revenue (Hotchkiss School) VRDO 0.880% 5/5/17 23,000 23,000
1 Connecticut Health & Educational Facilities        
  Authority Revenue (Trinity Health Corp.) TOB        
  VRDO 0.930% 5/5/17 4,445 4,445
1 Connecticut Health & Educational Facilities        
  Authority Revenue (Trinity Health Corp.) TOB        
  VRDO 0.930% 5/5/17 3,200 3,200
1 Connecticut Health & Educational Facilities        
  Authority Revenue (Trinity Health Corp.) TOB        
  VRDO 0.930% 5/5/17 8,000 8,000
  Connecticut Health & Educational Facilities        
  Authority Revenue (Yale University) VRDO 0.920% 5/5/17 LOC 43,745 43,745
  Connecticut Housing Finance Authority Revenue        
  Housing Mortgage Finance Program VRDO 0.900% 5/5/17 5,500 5,500
  Connecticut Housing Finance Authority Revenue        
  Housing Mortgage Finance Program VRDO 0.900% 5/5/17 6,875 6,875
          96,765
Delaware (0.1%)        
  New Castle County DE Student Housing Revenue        
  (University Courtyard Apartments) VRDO 0.930% 5/5/17 LOC 14,395 14,395
 
District of Columbia (1.5%)        
1,2 District of Columbia GO TOB PUT 0.970% 5/4/17 5,595 5,595
  District of Columbia Housing Finance Agency        
  Multifamily Housing Revenue (Park 7 at        
  Minnesota Benning Project) VRDO 0.900% 5/5/17 LOC 7,000 7,000
1 District of Columbia Income Tax Revenue TOB        
  VRDO 0.930% 5/5/17 9,995 9,995
1 District of Columbia Income Tax Revenue TOB        
  VRDO 0.930% 5/5/17 7,425 7,425
1 District of Columbia Income Tax Revenue TOB        
  VRDO 0.960% 5/5/17 7,855 7,855
  District of Columbia Revenue (American        
  University) VRDO 0.900% 5/5/17 LOC 10,000 10,000
  District of Columbia Revenue (Georgetown        
  University) VRDO 0.910% 5/5/17 LOC 33,150 33,150
  District of Columbia Revenue (MedStar Health,        
  Inc.) VRDO 0.920% 5/5/17 LOC 11,250 11,250
  District of Columbia Revenue (The Pew        
  Charitable Trust) VRDO 0.910% 5/5/17 LOC 38,780 38,780
1,2 District of Columbia Water & Sewer Authority        
  Public Utility Revenue TOB PUT 1.080% 5/25/17 9,780 9,780
1 District of Columbia Water & Sewer Authority        
  Public Utility Revenue TOB VRDO 0.930% 5/5/17 11,870 11,870

 

15

 

Municipal Money Market Fund        
 
 
 
        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
1 District of Columbia Water & Sewer Authority        
  Public Utility Revenue TOB VRDO 0.930% 5/5/17 6,650 6,650
1 District of Columbia Water & Sewer Authority        
  Public Utility Revenue TOB VRDO 0.940% 5/5/17 6,190 6,190
  District of Columbia Water & Sewer Authority        
  Public Utility Revenue VRDO 0.900% 5/5/17 10,000 10,000
  Metropolitan Washington DC/VA Airports        
  Authority Airport System Revenue VRDO 0.900% 5/5/17 LOC 32,910 32,910
  Metropolitan Washington DC/VA Airports        
  Authority Airport System Revenue VRDO 0.920% 5/5/17 LOC 16,200 16,200
  Metropolitan Washington DC/VA Airports        
  Authority Airport System Revenue VRDO 0.920% 5/5/17 LOC 24,205 24,205
  Metropolitan Washington DC/VA Airports        
  Authority Dulles Toll Road Revenue CP 0.940% 6/22/17 LOC 13,500 13,500
          262,355
Florida (4.2%)        
1 Broward County FL Water & Sewer Utility        
  Revenue TOB VRDO 0.930% 5/5/17 11,330 11,330
1,2 Clearwater FL Water & Sewer Revenue TOB PUT 1.080% 6/1/17 6,500 6,500
  Florida Board of Education Public Education        
  Capital Outlay GO 5.000% 6/1/17 7,245 7,271
  Florida Board of Education Public Education        
  Capital Outlay GO 5.000% 6/1/17 3,070 3,081
1 Florida Board of Education Public Education        
  Capital Outlay GO TOB VRDO 0.950% 5/5/17 8,000 8,000
1 Florida Board of Education Public Education GO        
  TOB VRDO 0.930% 5/5/17 15,135 15,135
1 Florida Department of Management Services        
  COP TOB VRDO 0.930% 5/5/17 6,960 6,960
  Florida Keys Aqueduct Authority Water Revenue        
  VRDO 0.920% 5/5/17 LOC 38,875 38,875
1,2 Florida Turnpike Authority Revenue TOB PUT 0.970% 5/4/17 7,540 7,540
1 Greater Orlando Aviation Authority Florida        
  Airport Facilities Revenue TOB VRDO 0.930% 5/5/17 12,000 12,000
  Jacksonville FL Electric Authority Electric        
  System Revenue 2.000% 10/1/17 4,000 4,017
  Jacksonville FL Electric Authority Electric        
  System Revenue CP 0.930% 5/4/17 27,200 27,200
  Jacksonville FL Electric Authority Electric        
  System Revenue CP 0.930% 5/4/17 10,000 10,000
  Jacksonville FL Electric Authority Electric        
  System Revenue CP 0.870% 5/5/17 12,800 12,800
  Jacksonville FL Electric Authority Electric        
  System Revenue CP 0.790% 5/22/17 30,965 30,965
  Jacksonville FL Electric Authority Water &        
  Sewer Revenue VRDO 0.900% 5/5/17 LOC 12,250 12,250
  Jacksonville FL Electric Authority Water &        
  Sewer Revenue VRDO 0.940% 5/5/17 4,840 4,840
1 Jacksonville FL Special Revenue TOB VRDO 0.930% 5/5/17 3,900 3,900
1 Miami Beach FL Resort Tax Revenue TOB VRDO 0.940% 5/5/17 10,000 10,000
1 Miami Beach FL Resort Tax Revenue TOB VRDO 0.950% 5/5/17 3,750 3,750
1 Miami-County FL Transit Sales Surtax Revenue        
  TOB VRDO 0.940% 5/5/17 7,600 7,600

 

16

 

Municipal Money Market Fund        
 
 
 
        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
1 Miami-Dade County FL Building Better        
  Communities GO TOB VRDO 0.930% 5/5/17 25,940 25,940
1 Miami-Dade County FL Building Better        
  Communities GO TOB VRDO 0.930% 5/5/17 10,530 10,530
1 Miami-Dade County FL School Board COP TOB        
  VRDO 0.980% 5/5/17 (Prere.) 20,000 20,000
  Miami-Dade County FL Seaport Revenue VRDO 0.900% 5/5/17 LOC 117,320 117,320
  Miami-Dade County FL Seaport Revenue VRDO 0.910% 5/5/17 LOC 19,150 19,150
  North Broward FL Hospital District Revenue        
  VRDO 0.900% 5/5/17 LOC 77,765 77,765
  Orange County FL Health Facilities Authority        
  Hospital Revenue (Orlando Regional Healthcare        
  System) VRDO 0.970% 5/5/17 LOC 4,240 4,240
  Orange County FL Health Facilities Authority        
  Revenue (Nemours Foundation Project) VRDO 0.890% 5/5/17 LOC 21,375 21,375
  Orange County FL Health Facilities Authority        
  Revenue (Nemours Foundation Project) VRDO 0.890% 5/5/17 LOC 20,570 20,570
1 Orange County FL Sales Tax Revenue TOB VRDO 0.930% 5/5/17 10,230 10,230
1 Orange County FL School Board COP TOB VRDO 0.970% 5/5/17 19,070 19,070
1 Orange County FL Tourist Development Revenue        
  TOB VRDO 0.950% 5/5/17 16,665 16,665
  Palm Beach County FL Revenue (Children’s        
  Home Society Project) VRDO 0.950% 5/5/17 LOC 10,350 10,350
  Palm Beach County FL Revenue (Community        
  Foundation Palm Beach Project) VRDO 0.960% 5/5/17 LOC 6,200 6,200
1 Palm Beach County FL School Board COP TOB        
  VRDO 0.940% 5/5/17 6,590 6,590
  Pinellas County FL School District TAN 2.000% 6/30/17 59,100 59,213
1 Tampa Bay FL Water Utility System Revenue        
  TOB VRDO 0.930% 5/5/17 8,960 8,960
  Tampa FL Health System Revenue (BayCare        
  Health System) 1.200% 11/24/17 13,500 13,500
1 Tampa FL Health System Revenue TOB VRDO 0.930% 5/5/17 4,800 4,800
          716,482
Georgia (1.5%)        
1 Atlanta GA Water & Wastewater Revenue TOB        
  VRDO 0.930% 5/5/17 23,865 23,865
  Burke County GA Development Authority        
  Pollution Control Revenue (Oglethorpe Power        
  Corp. Vogtle Project) VRDO 0.920% 5/5/17 LOC 30,300 30,300
  Cobb County GA Hospital Authority Revenue        
  (Equipment Pool Project) VRDO 0.910% 5/5/17 LOC 7,100 7,100
  Cobb County GA Hospital Authority Revenue        
  (Equipment Pool Project) VRDO 0.910% 5/5/17 LOC 25,000 25,000
1 DeKalb County GA Water & Sewer Revenue        
  TOB VRDO 0.930% 5/5/17 11,990 11,990
1 DeKalb County GA Water & Sewer Revenue        
  TOB VRDO 0.950% 5/5/17 9,100 9,100
1 Fulton County GA Development Authority        
  Revenue (Piedmont Healthcare Inc. Project)        
  TOB VRDO 0.930% 5/5/17 22,835 22,835
  Fulton County GA Development Authority        
  Revenue (Shepherd Center Inc. Project) VRDO 0.920% 5/5/17 LOC 51,200 51,200
1,2 Fulton County GA GO TOB PUT 0.970% 5/4/17 12,380 12,380

 

17

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Municipal Electric Authority Georgia Revenue        
(Project One) CP 0.870% 5/18/17 LOC 24,112 24,112
1 Private Colleges & University Authority of        
Georgia Revenue (Emory University) TOB VRDO 0.930% 5/5/17 5,635 5,635
Private Colleges & University Authority of        
Georgia Revenue (Emory University) VRDO 0.890% 5/5/17 28,400 28,400
        251,917
Hawaii (0.4%)        
Hawaii Department of Budget & Finance Special        
Purpose Revenue (Queens Health System) PUT 1.350% 11/24/17 19,225 19,225
Hawaii Department of Budget & Finance Special        
Purpose Revenue (Queens Health System) PUT 1.350% 11/24/17 41,480 41,480
        60,705
Idaho (0.5%)        
Idaho Building Authority Revenue (Prison Facilities        
Project) VRDO 0.900% 5/5/17 29,245 29,245
Idaho TAN 2.000% 6/30/17 56,200 56,317
        85,562
Illinois (4.9%)        
Channahon IL Revenue (Morris Hospital) VRDO 0.900% 5/5/17 LOC 6,320 6,320
Channahon IL Revenue (Morris Hospital) VRDO 0.900% 5/5/17 LOC 4,375 4,375
Channahon IL Revenue (Morris Hospital) VRDO 0.900% 5/5/17 LOC 4,775 4,775
Channahon IL Revenue (Morris Hospital) VRDO 0.900% 5/5/17 LOC 4,345 4,345
Channahon IL Revenue (Morris Hospital) VRDO 0.900% 5/5/17 LOC 3,810 3,810
1 Chicago IL Metropolitan Water Reclamation        
District GO TOB VRDO 0.980% 5/5/17 12,000 12,000
Chicago IL Midway Airport Revenue VRDO 0.930% 5/5/17 LOC 17,400 17,400
1 Chicago IL O’Hare International Airport Revenue        
TOB VRDO 1.050% 5/5/17 (Prere.) 21,135 21,135
1 Chicago IL O’Hare International Airport Revenue        
TOB VRDO 1.050% 5/5/17 (Prere.) 9,300 9,300
Illinois Development Finance Authority Revenue        
(American College of Surgeons) VRDO 0.900% 5/5/17 LOC 22,382 22,382
Illinois Development Finance Authority Revenue        
(Chicago Horticultural Society) VRDO 0.960% 5/5/17 LOC 16,000 16,000
Illinois Development Finance Authority Revenue        
(Evanston Northwestern Healthcare Corp.) VRDO 0.910% 5/1/17 11,800 11,800
Illinois Development Finance Authority Revenue        
(McCormick Theological Seminary) VRDO 0.900% 5/5/17 LOC 21,035 21,035
Illinois Educational Facilities Authority (Pooled        
Financing Program) CP 0.750% 5/4/17 LOC 21,143 21,143
Illinois Educational Facilities Authority (Pooled        
Financing Program) CP 0.940% 6/5/17 LOC 5,000 5,000
Illinois Educational Facilities Authority (Pooled        
Financing Program) CP 0.940% 6/6/17 LOC 34,065 34,065
Illinois Educational Facilities Authority (Pooled        
Financing Program) CP 0.940% 6/7/17 LOC 20,655 20,655
Illinois Educational Facilities Authority Revenue        
(Columbia College Chicago) VRDO 0.920% 5/5/17 LOC 15,750 15,750
1 Illinois Educational Facilities Authority Revenue        
(University of Chicago) TOB VRDO 0.930% 5/5/17 5,200 5,200
Illinois Educational Facilities Authority Revenue        
(University of Chicago) VRDO 0.900% 5/5/17 2,893 2,893

 

18

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Illinois Finance Authority Revenue (Advocate        
Health Care Network) PUT 0.700% 7/25/17 3,000 3,000
Illinois Finance Authority Revenue (Advocate        
Health Care Network) PUT 1.200% 11/24/17 6,500 6,500
1 Illinois Finance Authority Revenue (Advocate        
Health Care Network) TOB VRDO 0.930% 5/5/17 2,250 2,250
Illinois Finance Authority Revenue (Advocate        
Health Care Network) VRDO 0.920% 5/5/17 3,600 3,600
Illinois Finance Authority Revenue (Advocate        
Health Care Network) VRDO 0.920% 5/5/17 55,440 55,440
Illinois Finance Authority Revenue (Bradley        
University) VRDO 0.910% 5/5/17 LOC 28,385 28,385
1 Illinois Finance Authority Revenue (Central        
DuPage Health) TOB VRDO 0.930% 5/5/17 13,125 13,125
Illinois Finance Authority Revenue (Chicago        
Horticulture Project) VRDO 0.960% 5/5/17 LOC 24,000 24,000
Illinois Finance Authority Revenue (Edward        
Hospital) VRDO 0.890% 5/5/17 LOC 25,885 25,885
Illinois Finance Authority Revenue (Evangelical        
Project) VRDO 0.960% 5/5/17 LOC 8,025 8,025
Illinois Finance Authority Revenue (Illinois College)        
VRDO 0.900% 5/5/17 LOC 5,690 5,690
1 Illinois Finance Authority Revenue (NorthShore        
University Health System) TOB VRDO 0.930% 5/5/17 4,375 4,375
1 Illinois Finance Authority Revenue (Northwestern        
Memorial Hospital) TOB VRDO 0.930% 5/5/17 6,000 6,000
Illinois Finance Authority Revenue (Northwestern        
University) VRDO 0.880% 5/5/17 38,395 38,395
Illinois Finance Authority Revenue (Trinity        
International University) VRDO 0.900% 5/5/17 LOC 5,600 5,600
1 Illinois Finance Authority Revenue (University of        
Chicago Medical Center) TOB VRDO 0.930% 5/5/17 (Prere.) 10,200 10,200
1 Illinois Finance Authority Revenue (University of        
Chicago) TOB VRDO 0.950% 5/5/17 30,825 30,825
Illinois Finance Authority Revenue (University of        
Chicago) VRDO 0.900% 5/5/17 15,900 15,900
Illinois Finance Authority Revenue (University of        
Chicago) VRDO 0.900% 5/5/17 14,334 14,334
Illinois Health Facilities Authority Revenue        
(Elmhurst Memorial Hospital) VRDO 0.920% 5/5/17 LOC 50,000 50,000
Illinois Housing Development Authority Revenue        
(Lakeshore Plaza) VRDO 0.920% 5/5/17 23,070 23,070
Illinois Housing Development Authority Revenue        
(Larkin Village) VRDO 0.950% 5/5/17 11,290 11,290
1 Illinois Toll Highway Authority Revenue TOB        
VRDO 0.950% 5/5/17 3,100 3,100
Illinois Toll Highway Authority Revenue VRDO 0.900% 5/5/17 62,305 62,305
Illinois Toll Highway Authority Revenue VRDO 0.920% 5/5/17 LOC 60,000 60,000
Illinois Toll Highway Authority Revenue VRDO 0.920% 5/5/17 LOC 5,000 5,000
1 Illinois Toll Highway Authority Toll Highway        
Revenue TOB VRDO 0.930% 5/5/17 8,995 8,995
1 Illinois Toll Highway Authority Toll Highway        
Revenue TOB VRDO 0.930% 5/5/17 20,675 20,675

 

19

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
1 Illinois Toll Highway Authority Toll Highway        
Revenue TOB VRDO 1.000% 5/5/17 30,565 30,565
Southwestern Illinois Development Authority        
Health Facilities Revenue (Hospital Sisters        
Services Inc.) CP 0.750% 5/23/17 6,000 6,000
        841,912
Indiana (1.5%)        
DeKalb County IN Economic Development        
Revenue (New Process Steel, LP Project) VRDO 1.000% 5/5/17 LOC 5,000 5,000
Indiana Bond Bank Advanced Funding Program        
Revenue 2.000% 1/3/18 5,720 5,731
Indiana Bond Bank Advanced Funding Program        
Revenue 3.000% 1/3/18 15,000 15,196
Indiana Finance Authority Environmental        
Improvement Revenue (Ispat Inland Inc. Project)        
VRDO 0.940% 5/5/17 LOC 33,140 33,140
1 Indiana Finance Authority Health System        
Revenue (Sisters of St. Francis Health Services        
Inc. Obligated Group) TOB VRDO 0.940% 5/5/17 2,500 2,500
1 Indiana Finance Authority Hospital Revenue        
(Indiana University Health Obligated Group)        
TOB VRDO 0.950% 5/5/17 12,000 12,000
Indiana Finance Authority Hospital Revenue        
(Indiana University) VRDO 0.900% 5/5/17 LOC 6,960 6,960
Indiana Finance Authority Hospital Revenue        
(Indiana University) VRDO 0.900% 5/5/17 LOC 17,210 17,210
Indiana Finance Authority Midwestern Disaster        
Relief Revenue (Ohio Valley Electric Corp. P        
roject) VRDO 0.910% 5/5/17 LOC 20,100 20,100
Indiana Finance Authority Revenue (Ascension        
Health Credit Group) VRDO 0.890% 5/5/17 44,800 44,800
Indiana Finance Authority Revenue (Ascension        
Health Credit Group) VRDO 0.890% 5/5/17 47,975 47,975
Indiana Health & Educational Facility Financing        
Authority Hospital Revenue (Indiana University        
Health Obligated Group) VRDO 0.890% 5/5/17 LOC 4,000 4,000
Indiana Municipal Power Agency Revenue VRDO 0.920% 5/5/17 LOC 350 350
1 Indianapolis IN Local Public Improvement Bond        
Bank Revenue TOB VRDO 1.100% 5/5/17 13,360 13,360
1 Wayne Township Marion County IN School        
Building Corp. Mortgage Revenue TOB VRDO 0.910% 5/5/17 LOC 30,170 30,170
        258,492
Iowa (0.2%)        
Iowa Finance Authority Single Family Mortgage        
Revenue VRDO 0.900% 5/5/17 20,000 20,000
1 Iowa Special Obligation Revenue (Ijobs Program)        
TOB VRDO 0.980% 5/5/17 (Prere.) 8,500 8,500
        28,500

 

20

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Kansas (0.2%)        
1 Kansas Department of Transportation Highway        
Revenue TOB VRDO 0.930% 5/5/17 1,600 1,600
1 Kansas Development Finance Authority Hospital        
Revenue (Adventist Health System/Sunbelt        
Obligated Group) TOB VRDO 0.930% 5/5/17 9,225 9,225
1 Wyandotte County KS Unified School District No.        
500 GO TOB VRDO 0.920% 5/5/17 10,100 10,100
1 Wyandotte County KS Unified School District No.        
500 GO TOB VRDO 0.980% 5/5/17 5,105 5,105
1 Wyandotte County KS Unified School District No.        
500 GO TOB VRDO 0.980% 5/5/17 12,400 12,400
        38,430
Kentucky (0.2%)        
Kentucky Economic Development Finance        
Authority Hospital Facilities Revenue        
(St. Elizabeth Medical Center Inc.) VRDO 0.920% 5/5/17 17,100 17,100
1 Kentucky Infrastructure Authority Wastewater &        
Drinking Water Revenue TOB VRDO 0.930% 5/5/17 7,190 7,190
1 Louisville & Jefferson County KY Metropolitan        
Government Parking Revenue TOB VRDO 0.930% 5/5/17 6,130 6,130
        30,420
Louisiana (0.6%)        
Louisiana Public Facilities Authority Revenue        
(CHRISTUS Health) VRDO 0.950% 5/5/17 LOC 19,310 19,310
St. James Parish LA Revenue (NuStar Logistics        
LP Project) VRDO 0.920% 5/5/17 LOC 55,440 55,440
St. James Parish LA Revenue (NuStar Logistics        
LP Project) VRDO 0.930% 5/5/17 LOC 34,300 34,300
        109,050
Maine (0.0%)        
1 Maine Health & Higher Educational Facilities        
Authority Revenue (Bowdoin College) TOB        
VRDO 0.950% 5/5/17 6,760 6,760
 
Maryland (1.3%)        
1 Baltimore MD GO TOB VRDO 0.930% 5/5/17 7,500 7,500
1 Baltimore MD Project Revenue TOB VRDO 0.930% 5/5/17 6,665 6,665
1 Baltimore MD Project Revenue TOB VRDO 0.940% 5/5/17 6,000 6,000
1 Baltimore MD Project Revenue TOB VRDO 0.940% 5/5/17 8,185 8,185
1 Baltimore MD Project Revenue TOB VRDO 0.940% 5/5/17 5,080 5,080
1 BlackRock Maryland Municipal Bond Trust VRDO 1.030% 5/5/17 LOC 9,800 9,800
1 Maryland Health & Higher Educational Facilities        
Authority Revenue (Johns Hopkins Health        
System) TOB VRDO 0.930% 5/5/17 6,665 6,665
1 Maryland Health & Higher Educational Facilities        
Authority Revenue (Johns Hopkins University)        
TOB VRDO 0.930% 5/5/17 10,465 10,465
Maryland Health & Higher Educational Facilities        
Authority Revenue (University of Maryland        
Medical System) VRDO 0.920% 5/5/17 LOC 58,865 58,865
1 Maryland Transportation Authority Facilities        
Projects Revenue TOB VRDO 0.970% 5/5/17 5,000 5,000
Montgomery County MD GO CP 0.840% 5/10/17 35,200 35,200

 

21

 

Municipal Money Market Fund        
 
 
 
        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Montgomery County MD GO CP 0.970% 7/5/17 17,300 17,300
1,2 University of Maryland Auxiliary Facility & Tuition        
  Revenue TOB PUT 1.080% 6/15/17 6,700 6,700
  Washington MD Suburban Sanitary Commission        
  BAN VRDO 0.930% 5/5/17 21,000 21,000
  Washington MD Suburban Sanitary Commission        
  GO 2.000% 6/1/17 6,425 6,431
  Washington Suburban Sanitation District        
  Maryland GO 0.930% 5/5/17 4,400 4,400
          215,256
Massachusetts (2.3%)        
  Massachusetts Bay Transportation Authority        
  General Transportation Revenue VRDO 0.860% 5/5/17 20,920 20,920
  Massachusetts Bay Transportation Authority        
  Sales Tax Revenue PUT 1.200% 11/24/17 8,220 8,220
  Massachusetts Development Finance Agency        
  Revenue (Cushing Academy Issue) VRDO 0.930% 5/5/17 LOC 17,630 17,630
1 Massachusetts Development Finance Agency        
  Revenue (Partners Healthcare) TOB VRDO 0.920% 5/5/17 2,000 2,000
  Massachusetts GO 2.000% 5/22/17 94,825 94,897
  Massachusetts GO 2.000% 6/26/17 10,400 10,418
  Massachusetts GO 4.000% 8/1/17 5,645 5,688
1 Massachusetts GO TOB VRDO 0.920% 5/1/17 LOC 21,900 21,900
1 Massachusetts GO TOB VRDO 0.930% 5/5/17 3,750 3,750
1 Massachusetts GO TOB VRDO 0.940% 5/5/17 3,750 3,750
1 Massachusetts GO TOB VRDO 0.940% 5/5/17 3,335 3,335
  Massachusetts Health & Educational Facilities        
  Authority Revenue (MIT) VRDO 0.880% 5/5/17 42,730 42,730
  Massachusetts Health & Educational Facilities        
  Authority Revenue (Partners Healthcare        
  System) VRDO 0.880% 5/5/17 4,800 4,800
  Massachusetts Health & Educational Facilities        
  Authority Revenue (Pool Loan Program) VRDO 0.890% 5/5/17 LOC 8,700 8,700
1,2 Massachusetts School Building Authority        
  Dedicated Sales Tax Revenue TOB PUT 0.970% 5/4/17 3,900 3,900
1 Massachusetts School Building Authority        
  Dedicated Sales Tax Revenue TOB VRDO 0.920% 5/5/17 2,300 2,300
1 Massachusetts School Building Authority        
  Dedicated Sales Tax Revenue TOB VRDO 0.930% 5/5/17 5,000 5,000
1 Massachusetts School Building Authority        
  Dedicated Sales Tax Revenue TOB VRDO 0.930% 5/5/17 4,125 4,125
1 Massachusetts Water Resources Authority        
  Revenue TOB VRDO 0.930% 5/5/17 5,000 5,000
1 Massachusetts Water Resources Authority        
  Revenue TOB VRDO 0.930% 5/5/17 7,500 7,500
  Massachusetts Water Resources Authority        
  Revenue VRDO 0.900% 5/5/17 39,020 39,020
  Massachusetts Water Resources Authority        
  Revenue VRDO 0.920% 5/5/17 8,300 8,300
  University of Massachusetts Building Authority        
  Revenue PUT 1.200% 11/24/17 61,935 61,935
1 University of Massachusetts Building Authority        
  Revenue TOB VRDO 0.930% 5/5/17 8,000 8,000
          393,818

 

22

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Michigan (2.5%)        
Grand Rapids MI Public Schools GO 4.500% 5/1/17 (Prere.) 21,800 21,800
Kent Hospital Finance Authority Michigan        
Revenue (Spectrum Health System) PUT 1.150% 11/24/17 29,255 29,255
1 Michigan Building Authority Revenue TOB VRDO 1.000% 5/5/17 8,500 8,500
1 Michigan Finance Authority Hospital Revenue        
Bonds (Trinity Health Credit Group) TOB VRDO 0.920% 5/5/17 LOC 15,000 15,000
1 Michigan Hospital Finance Authority Revenue        
(Ascension Health Credit Group) TOB VRDO 0.930% 5/5/17 4,475 4,475
Michigan Hospital Finance Authority Revenue        
(Ascension Health Credit Group) VRDO 0.870% 5/5/17 22,800 22,800
Michigan Housing Development Authority Rental        
Housing Revenue VRDO 0.930% 5/5/17 54,655 54,655
Michigan Housing Development Authority Single        
Family Mortgage Revenue VRDO 0.900% 5/5/17 63,350 63,350
Michigan Housing Development Authority Single        
Family Mortgage Revenue VRDO 0.910% 5/5/17 134,140 134,140
Michigan Housing Development Authority Single        
Family Mortgage Revenue VRDO 0.930% 5/5/17 59,450 59,450
Oakland University of Michigan Revenue VRDO 0.900% 5/5/17 LOC 1,300 1,300
1 University of Michigan Revenue TOB VRDO 0.930% 5/5/17 6,190 6,190
1 University of Michigan Revenue TOB VRDO 0.930% 5/5/17 1,400 1,400
        422,315
Minnesota (0.7%)        
1 Minneapolis MN Health Care System Revenue        
(Fairview Health Services) TOB VRDO 0.920% 5/5/17 LOC 60,000 60,000
1 Minnesota GO TOB VRDO 0.930% 5/5/17 3,510 3,510
Minnesota Housing Finance Agency Residential        
Housing Revenue VRDO 0.900% 5/5/17 4,500 4,500
Minnesota Housing Finance Agency Residential        
Housing Revenue VRDO 0.920% 5/5/17 10,600 10,600
Minnesota Housing Finance Agency Residential        
Housing Revenue VRDO 0.920% 5/5/17 25,475 25,475
St. Paul MN Housing & Redevelopment Authority        
Revenue (Highland Ridge Project) VRDO 0.890% 5/5/17 LOC 5,250 5,250
1 Western Minnesota Municipal Power Agency        
Revenue TOB VRDO 0.930% 5/5/17 6,665 6,665
        116,000
Mississippi (0.6%)        
Mississippi Business Finance Corp. Gulf        
Opportunity Zone Industrial Development        
Revenue (Chevron USA Inc. Project) VRDO 0.900% 5/5/17 13,000 13,000
Mississippi Business Finance Corp. Gulf        
Opportunity Zone Industrial Development        
Revenue (Chevron USA Inc. Project) VRDO 0.900% 5/5/17 50,600 50,600
Mississippi Hospital Equipment & Facilities        
Authority Revenue (North Mississippi Health        
Services) VRDO 0.880% 5/5/17 26,019 26,019
Mississippi Hospital Equipment & Facilities        
Authority Revenue (North Mississippi Health        
Services) VRDO 0.880% 5/5/17 16,450 16,450
        106,069

 

23

 

Municipal Money Market Fund        
 
 
 
        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
Missouri (2.5%)        
1,2 Kansas City MO Water Revenue TOB PUT 1.080% 5/25/17 8,615 8,615
  Missouri Health & Education Facilities Authority        
  Health Facilities CP 0.730% 5/8/17 25,000 25,000
  Missouri Health & Educational Facilities Authority        
  Health Facilities CP 0.770% 6/7/17 30,000 30,000
1 Missouri Health & Educational Facilities Authority        
  Health Facilities Revenue (BJC Health System)        
  TOB VRDO 0.930% 5/5/17 7,500 7,500
  Missouri Health & Educational Facilities Authority        
  Health Facilities Revenue (BJC Health System)        
  VRDO 0.880% 5/5/17 64,000 64,000
  Missouri Health & Educational Facilities Authority        
  Health Facilities Revenue (BJC Health System)        
  VRDO 0.880% 5/5/17 79,400 79,400
  Missouri Health & Educational Facilities Authority        
  Health Facilities Revenue (BJC Health System)        
  VRDO 0.880% 5/5/17 77,500 77,500
  Missouri Health & Educational Facilities Authority        
  Health Facilities Revenue (BJC Health System)        
  VRDO 0.890% 5/5/17 55,000 55,000
  Missouri Health & Educational Facilities Authority        
  Health Facilities Revenue (BJC Health System)        
  VRDO 0.890% 5/5/17 39,160 39,160
1 Missouri Health & Educational Facilities Authority        
  Revenue (Washington University) TOB VRDO 0.930% 5/5/17 22,695 22,695
1 Missouri Health & Educational Facilities Authority        
  Revenue (Washington University) TOB VRDO 0.930% 5/5/17 5,570 5,570
  St. Louis MO General Fund Revenue 2.000% 6/1/17 9,500 9,510
1 St. Louis MO Sewer & Wastewater Revenue        
  TOB VRDO 0.930% 5/5/17 1,670 1,670
1 St. Louis MO Sewer & Wastewater Revenue        
  TOB VRDO 0.930% 5/5/17 2,670 2,670
          428,290
Multiple States (11.7%)        
1,3 Federal Home Loan Mortgage Corp. Multifamily        
  Housing Revenue TOB VRDO 0.880% 5/5/17 LOC 148,300 148,300
1,3 Federal Home Loan Mortgage Corp. Multifamily        
  Housing Revenue TOB VRDO 0.900% 5/5/17 LOC 321,110 321,110
3 Federal Home Loan Mortgage Corp. Multifamily        
  Housing Revenue TOB VRDO 0.910% 5/5/17 LOC 14,435 14,435
1,3 Federal Home Loan Mortgage Corp. Multifamily        
  Housing Revenue TOB VRDO 0.930% 5/5/17 LOC 31,810 31,810
3 Federal Home Loan Mortgage Corp. Multifamily        
  Housing Revenue TOB VRDO 0.930% 5/5/17 LOC 55,790 55,790
3 Federal Home Loan Mortgage Corp. Multifamily        
  Housing Revenue TOB VRDO 0.930% 5/5/17 LOC 11,205 11,205
3 Federal Home Loan Mortgage Corp. Multifamily        
  Housing Revenue TOB VRDO 0.930% 5/5/17 LOC 10,440 10,440
1 Nuveen AMT-Free Quality Municipal Income        
  Fund VRDP VRDO 0.980% 5/5/17 LOC 101,300 101,300
1 Nuveen AMT-Free Quality Municipal Income        
  Fund VRDP VRDO 1.020% 5/5/17 LOC 94,600 94,600

 

24

 

Municipal Money Market Fund        
 
 
 
        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
1 Nuveen Enhanced AMT-Free Municipal Credit        
  Opportunities Fund VRDP VRDO 0.990% 5/5/17 LOC 125,600 125,600
1 Nuveen Enhanced AMT-Free Municipal Credit        
  Opportunities Fund VRDP VRDO 1.000% 5/5/17 LOC 84,800 84,800
1 Nuveen Enhanced AMT-Free Municipal Credit        
  Opportunities Fund VRDP VRDO 1.000% 5/5/17 148,900 148,900
1 Nuveen Municipal Credit Income Fund VRDP        
  VRDO 1.030% 5/5/17 LOC 102,000 102,000
1 Nuveen Municipal Credit Income Fund VRDP        
  VRDO 1.050% 5/5/17 LOC 180,000 180,000
1 Nuveen Municipal Credit Income Fund VRDP        
  VRDO 1.050% 5/5/17 LOC 183,400 183,400
1 Nuveen Quality Municipal Income Fund VRDP        
  VRDO 1.060% 5/5/17 LOC 103,000 103,000
1 Nuveen Quality Municipal Income Fund VRDP        
  VRDO 1.060% 5/5/17 LOC 92,400 92,400
1 Nuveen Quality Municipal Income Fund VRDP        
  VRDO 1.060% 5/5/17 LOC 100,000 100,000
1 Western Asset Managed Municipals Fund Inc.        
  VRDP VRDO 1.030% 5/5/17 LOC 56,575 56,575
1 Western Asset Municipal Partners Fund Inc.        
  VRDP VRDO 1.030% 5/5/17 LOC 25,100 25,100
          1,990,765
Nebraska (1.4%)        
1 Douglas County NE Hospital Authority No. 3        
  Health Facilities Revenue (Nebraska Methodist        
  Health System) TOB VRDO 0.930% 5/5/17 (13) 10,060 10,060
  Lincoln NE Electric System Revenue CP 0.980% 7/6/17 22,750 22,750
1 Nebraska Investment Finance Authority        
  Multifamily Housing Revenue (Riverbend        
  Apartments Project) VRDO 0.950% 5/5/17 LOC 5,520 5,520
  Nebraska Investment Finance Authority Single        
  Family Housing Revenue VRDO 0.900% 5/5/17 100,060 100,060
1 Nebraska Public Power Agency Revenue TOB        
  VRDO 0.950% 5/5/17 (13) 27,500 27,500
1 Nebraska Public Power Generation Agency        
  Revenue (Whelan Energy Center Unit 2) TOB        
  VRDO 0.950% 5/5/17 (13) 76,870 76,870
          242,760
Nevada (2.7%)        
  Clark County NV Airport Improvement Revenue        
  VRDO 0.890% 5/5/17 LOC 4,050 4,050
  Clark County NV Airport Improvement Revenue        
  VRDO 0.900% 5/5/17 LOC 32,330 32,330
  Clark County NV Airport Improvement Revenue        
  VRDO 0.920% 5/5/17 LOC 37,900 37,900
  Clark County NV Airport Improvement Revenue        
  VRDO 0.920% 5/5/17 LOC 5,675 5,675
  Clark County NV Economic Development        
  Revenue (Opportunity Village Foundation        
  Project) VRDO 0.930% 5/5/17 LOC 14,900 14,900
1,2 Clark County NV GO TOB PUT 1.080% 6/22/17 8,640 8,640
1 Clark County NV Water Reclamation District GO        
  TOB VRDO 0.930% 5/5/17 14,805 14,805

 

25

 

Municipal Money Market Fund        
 
 
 
        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
1 Las Vegas NV GO TOB VRDO 0.930% 5/5/17 8,330 8,330
1 Las Vegas NV GO TOB VRDO 0.960% 5/5/17 (Prere.) 10,850 10,850
  Las Vegas Valley Water District Nevada GO CP 0.920% 5/2/17 49,800 49,800
  Las Vegas Valley Water District Nevada GO CP 0.920% 5/9/17 50,000 50,000
  Las Vegas Valley Water District Nevada GO CP 0.930% 5/23/17 50,000 50,000
  Las Vegas Valley Water District Nevada GO CP 0.960% 6/5/17 25,000 25,000
  Las Vegas Valley Water District Nevada GO CP 0.950% 6/13/17 25,000 25,000
1 Las Vegas Valley Water District Nevada GO TOB        
  VRDO 0.930% 5/5/17 16,500 16,500
1 Las Vegas Valley Water District Nevada GO TOB        
  VRDO 0.940% 5/5/17 7,185 7,185
1 Las Vegas Valley Water District Nevada GO TOB        
  VRDO 0.940% 5/5/17 22,475 22,475
1 Nevada Capital Improvement & Cultural Affairs        
  GO TOB VRDO 0.930% 5/5/17 9,510 9,510
1 Nevada GO TOB VRDO 0.940% 5/5/17 12,150 12,150
1,2 Nevada Highway Improvement Revenue (Motor        
  Vehicle Fuel Tax) TOB PUT 1.170% 8/31/17 12,000 12,000
  Nevada Housing Division Multi-Unit Housing        
  Revenue (City Center Project) VRDO 1.050% 5/5/17 LOC 7,440 7,440
  Reno NV Hospital Revenue (Renown Regional        
  Medical Center Project) VRDO 0.900% 5/5/17 LOC 27,660 27,660
          452,200
New Hampshire (0.1%)        
1 New Hampshire Health & Education Facilities        
  Authority Revenue (Dartmouth College) TOB        
  VRDO 0.930% 5/5/17 8,000 8,000
1 New Hampshire Health & Education Facilities        
  Authority Revenue (Dartmouth College) TOB        
  VRDO 0.960% 5/5/17 13,225 13,225
          21,225
New Jersey (2.7%)        
  Burlington County NJ BAN 2.000% 5/16/17 17,000 17,008
  Burlington County NJ Bridge Commission        
  Revenue 2.000% 11/16/17 7,500 7,547
  Burlington Township NJ GO 2.000% 10/5/17 6,574 6,598
  Cherry Hill Township NJ BAN 2.000% 10/18/17 21,253 21,346
  Cliffside Park NJ BAN 2.000% 7/21/17 4,870 4,884
  Clifton NJ BAN 2.000% 10/10/17 17,983 18,065
  East Hanover Township NJ BAN 2.000% 8/18/17 8,443 8,474
  Fort Lee NJ BAN 2.000% 11/10/17 4,290 4,315
  Hamilton Township NJ BAN 2.000% 6/8/17 6,500 6,506
  Hazlet Township NJ School District GO 2.000% 9/15/17 7,500 7,522
  Hudson County NJ BAN 2.500% 12/14/17 39,000 39,312
  Hudson County NJ Improvement Authority        
  Pooled Revenue 2.000% 11/1/17 5,340 5,369
  Lakewood Township NJ BAN 2.000% 12/5/17 6,925 6,962
  Mercer County NJ BAN 2.000% 8/30/17 18,700 18,766
  Monroe Township NJ BAN 2.000% 8/3/17 17,528 17,584
  Moorestown Township NJ BAN 2.000% 8/31/17 4,950 4,970
  Mount Laurel Township NJ BAN 2.000% 3/7/18 9,144 9,218
  New Jersey Economic Development Authority        
  Industrial Development Revenue (Ocean Spray        
  Cranberries Inc. Project) VRDO 1.050% 5/5/17 LOC 8,000 8,000

 

26

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Jersey Health Care Facilities Financing        
Authority Revenue (Virtua Health) VRDO 0.820% 5/5/17 LOC 2,200 2,200
New Jersey Health Care Facilities Financing        
Authority Revenue (Virtua Health) VRDO 0.850% 5/5/17 LOC 2,900 2,900
New Jersey Housing & Mortgage Finance        
Agency Multi-Family Housing Revenue (Lincoln        
Towers Project) PUT 1.300% 10/16/17 26,000 26,000
New Jersey Housing & Mortgage Finance        
Agency Multi-Family Housing Revenue VRDO 0.860% 5/5/17 LOC 15,350 15,350
New Jersey Housing & Mortgage Finance        
Agency Multi-Family Housing Revenue VRDO 0.940% 5/5/17 LOC 3,600 3,600
New Jersey Housing & Mortgage Finance        
Agency Multi-Family Housing Revenue VRDO 0.940% 5/5/17 LOC 3,880 3,880
New Jersey Housing & Mortgage Finance        
Agency Single Family Housing Revenue VRDO 0.880% 5/5/17 18,600 18,600
New Jersey Housing & Mortgage Finance        
Agency Single Family Housing Revenue VRDO 0.890% 5/5/17 40,725 40,725
New Jersey Housing & Mortgage Finance        
Agency Single Family Housing Revenue VRDO 0.890% 5/5/17 3,500 3,500
New Jersey Housing & Mortgage Finance        
Agency Single Family Housing Revenue VRDO 0.920% 5/5/17 62,340 62,340
Parsippany-Troy Hills Township NJ BAN 2.000% 9/21/17 45,255 45,462
Secaucus NJ BAN 2.000% 8/10/17 4,615 4,631
Somerset County NJ BAN 2.000% 9/20/17 7,252 7,285
Sussex County NJ BAN 2.250% 6/28/17 4,295 4,305
West Milford NJ Township BAN 2.000% 9/22/17 10,189 10,232
        463,456
New Mexico (1.0%)        
1 New Mexico Educational Assistance Foundation        
Revenue TOB VRDO 1.000% 5/5/17 39,395 39,395
New Mexico Finance Authority Transportation        
Revenue VRDO 0.880% 5/5/17 LOC 3,850 3,850
1 New Mexico Hospital Equipment Loan Council        
Hospital System Revenue (Presbyterian        
Healthcare Services) TOB VRDO 0.930% 5/5/17 (Prere.) 6,660 6,660
New Mexico Hospital Equipment Loan Council        
Hospital System Revenue (Presbyterian        
Healthcare Services) VRDO 0.900% 5/5/17 62,005 62,005
New Mexico Hospital Equipment Loan Council        
Hospital System Revenue (Presbyterian        
Healthcare Services) VRDO 0.900% 5/5/17 33,115 33,115
New Mexico Hospital Equipment Loan Council        
Hospital System Revenue (Presbyterian        
Healthcare Services) VRDO 0.920% 5/5/17 20,390 20,390
        165,415
New York (10.9%)        
1 Battery Park City Authority New York Revenue        
TOB VRDO 0.920% 5/1/17 LOC 20,700 20,700
Commack NY Union Free School District TAN 2.000% 6/27/17 12,500 12,520
Connetquot NY Central School District BAN 2.000% 9/1/17 10,486 10,530
Connetquot NY Central School District TAN 2.000% 6/27/17 13,500 13,528
Grand Island NY BAN 2.000% 10/12/17 8,306 8,342
Half Hollow Hills NY Central School District TAN 2.000% 6/27/17 20,000 20,034
Hauppauge NY Union Free School District TAN 1.500% 6/23/17 7,250 7,257

 

27

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Huntington NY Union Free School District TAN 2.000% 6/23/17 9,000 9,014
Lindenhurst NY Union Free School District TAN 2.000% 6/22/17 9,500 9,513
Nassau County NY Health Care Corp. Revenue        
VRDO 0.890% 5/5/17 LOC 8,025 8,025
Nassau County NY Interim Finance Authority        
Sales Tax Revenue VRDO 0.880% 5/5/17 23,280 23,280
New Rochelle NY BAN 2.000% 3/2/18 7,060 7,114
1 New York City NY GO TOB VRDO 0.930% 5/5/17 8,250 8,250
1 New York City NY GO TOB VRDO 0.940% 5/5/17 23,090 23,090
New York City NY GO VRDO 0.840% 5/1/17 LOC 2,805 2,805
New York City NY GO VRDO 0.860% 5/1/17 LOC 3,900 3,900
New York City NY GO VRDO 0.880% 5/1/17 10,640 10,640
New York City NY GO VRDO 0.860% 5/5/17 LOC 15,060 15,060
New York City NY GO VRDO 0.890% 5/5/17 LOC 45,300 45,300
New York City NY GO VRDO 0.900% 5/5/17 LOC 14,465 14,465
New York City NY GO VRDO 0.900% 5/5/17 LOC 46,700 46,700
New York City NY GO VRDO 0.910% 5/5/17 LOC 11,700 11,700
New York City NY GO VRDO 0.940% 5/5/17 LOC 53,280 53,280
New York City NY Health & Hospital Corp.        
Revenue (Health System) VRDO 0.890% 5/5/17 LOC 8,835 8,835
New York City NY Health & Hospital Corp.        
Revenue (Health System) VRDO 0.910% 5/5/17 LOC 9,815 9,815
New York City NY Housing Development Corp.        
Multi-Family Housing Revenue (201 Pearl        
Street) VRDO 0.920% 5/5/17 LOC 18,000 18,000
New York City NY Housing Development Corp.        
Multi-Family Housing Revenue VRDO 0.880% 5/5/17 35,840 35,840
New York City NY Housing Development Corp.        
Multi-Family Mortgage Revenue (Bruckner by        
the Bridge) VRDO 0.890% 5/5/17 LOC 11,900 11,900
New York City NY Housing Development Corp.        
Multi-Family Mortgage Revenue (Elliot Chelsea        
Development) VRDO 0.880% 5/5/17 LOC 12,925 12,925
New York City NY Housing Development Corp.        
Multi-Family Mortgage Revenue (West 26th        
Street Development) VRDO 0.930% 5/5/17 LOC 10,000 10,000
New York City NY Housing Development Corp.        
Multi-Family Rental Housing Revenue (2 Gold        
Street) VRDO 0.920% 5/5/17 LOC 103,200 103,200
New York City NY Housing Development Corp.        
Multi-Family Rental Housing Revenue (90 West        
Street) VRDO 0.920% 5/5/17 LOC 25,200 25,200
New York City NY Housing Development Corp.        
Multi-Family Rental Housing Revenue (Lexington        
Courts) VRDO 0.880% 5/5/17 LOC 7,700 7,700
New York City NY Housing Development Corp.        
Multi-Family Rental Housing Revenue (The        
Balton) VRDO 0.930% 5/5/17 LOC 8,300 8,300
New York City NY Housing Finance Agency        
Revenue (211 North End Avenue) VRDO 0.920% 5/5/17 LOC 21,400 21,400
New York City NY Housing Finance Agency        
Revenue (900 Eighth Avenue) VRDO 0.890% 5/5/17 LOC 34,000 34,000

 

28

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York City NY Industrial Development        
Agency Special Facility Revenue (New York        
Stock Exchange Project) VRDO 0.870% 5/5/17 LOC 5,000 5,000
1 New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue        
TOB VRDO 0.930% 5/5/17 1,505 1,505
1 New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue        
TOB VRDO 0.930% 5/5/17 8,330 8,330
1 New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue        
TOB VRDO 0.930% 5/5/17 5,650 5,650
1 New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue        
TOB VRDO 0.930% 5/5/17 5,000 5,000
1 New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue        
TOB VRDO 0.960% 5/5/17 16,800 16,800
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue        
VRDO 0.880% 5/1/17 8,450 8,450
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue        
VRDO 0.880% 5/1/17 6,400 6,400
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue        
VRDO 0.880% 5/5/17 30,670 30,670
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue        
VRDO 0.890% 5/5/17 7,000 7,000
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue        
VRDO 0.890% 5/5/17 6,670 6,670
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue        
VRDO 0.890% 5/5/17 6,000 6,000
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue        
VRDO 0.900% 5/5/17 48,000 48,000
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue        
VRDO 0.910% 5/5/17 18,100 18,100
1 New York City NY Municipal Water Finance        
Authority Water and Sewer System Revenue        
TOB VRDO 0.930% 5/5/17 6,800 6,800
1 New York City NY Transitional Finance Authority        
Building Aid Revenue TOB VRDO 0.930% 5/5/17 10,535 10,535
1 New York City NY Transitional Finance Authority        
Future Tax Revenue TOB VRDO 0.930% 5/5/17 6,200 6,200
1 New York City NY Transitional Finance Authority        
Future Tax Revenue TOB VRDO 0.930% 5/5/17 1,500 1,500
New York City NY Transitional Finance Authority        
Future Tax Revenue VRDO 0.870% 5/5/17 17,400 17,400

 

29

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York City NY Transitional Finance Authority        
Future Tax Revenue VRDO 0.890% 5/5/17 105,250 105,250
New York City NY Transitional Finance Authority        
Future Tax Revenue VRDO 0.920% 5/5/17 3,300 3,300
New York City NY Trust for Cultural Resources        
Revenue (The Metropolitan Museum of Art)        
VRDO 0.880% 5/5/17 8,000 8,000
1 New York Liberty Development Corp. Revenue        
(Bank of America Tower at One Bryant Park        
Project) TOB VRDO 0.930% 5/5/17 9,000 9,000
1 New York Liberty Development Corp. Revenue        
(Port Authority Consolidated Bonds) TOB VRDO 0.950% 5/5/17 22,200 22,200
New York Metropolitan Transportation Authority        
Revenue (Dedicated Tax Fund) VRDO 0.890% 5/5/17 LOC 36,200 36,200
New York Metropolitan Transportation Authority        
Revenue VRDO 0.870% 5/5/17 LOC 14,040 14,040
1 New York State Dormitory Authority Lease        
Revenue (State University Dormitory Facilities)        
TOB VRDO 0.940% 5/5/17 5,820 5,820
New York State Dormitory Authority Revenue        
(Blythedale Children’s Hospital) VRDO 0.900% 5/5/17 LOC 22,400 22,400
New York State Dormitory Authority Revenue        
(Fordham University) VRDO 0.870% 5/5/17 LOC 25,240 25,240
New York State Dormitory Authority Revenue        
(Le Moyne College) VRDO 0.920% 5/5/17 LOC 4,725 4,725
1 New York State Dormitory Authority Revenue        
(Personal Income Tax) TOB VRDO 0.930% 5/5/17 1,875 1,875
1 New York State Dormitory Authority Revenue        
(Personal Income Tax) TOB VRDO 0.930% 5/5/17 6,425 6,425
1 New York State Dormitory Authority Revenue        
(Personal Income Tax) TOB VRDO 0.930% 5/5/17 5,000 5,000
1 New York State Dormitory Authority Revenue        
(Personal Income Tax) TOB VRDO 0.930% 5/5/17 13,000 13,000
New York State Dormitory Authority Revenue        
(Rockefeller University) VRDO 0.920% 5/5/17 2,275 2,275
New York State Dormitory Authority Revenue        
(St. John’s University) VRDO 0.880% 5/5/17 LOC 17,655 17,655
1 New York State Environmental Facilities Corp.        
Revenue (State Clean Water & Drinking Water        
Revolving Funds) TOB VRDO 0.930% 5/5/17 3,640 3,640
New York State Housing Finance Agency        
Housing Revenue (20 River Terrace Housing)        
VRDO 0.920% 5/5/17 LOC 71,400 71,400
New York State Housing Finance Agency        
Housing Revenue (316 11th Avenue) VRDO 0.940% 5/5/17 LOC 20,000 20,000
New York State Housing Finance Agency        
Housing Revenue (625 W 57th St) VRDO 0.980% 5/5/17 LOC 1,200 1,200
New York State Housing Finance Agency        
Housing Revenue (855 6th Avenue) VRDO 0.920% 5/5/17 LOC 18,500 18,500
New York State Housing Finance Agency        
Housing Revenue (855 6th Avenue) VRDO 0.920% 5/5/17 LOC 8,400 8,400
New York State Housing Finance Agency        
Housing Revenue (Clinton Park Phase II) VRDO 0.900% 5/5/17 LOC 7,185 7,185

 

30

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York State Housing Finance Agency Housing        
Revenue (Clinton Park Phase II) VRDO 0.930% 5/5/17 LOC 37,000 37,000
New York State Housing Finance Agency Housing        
Revenue (Dock Street) VRDO 0.900% 5/5/17 LOC 4,305 4,305
New York State Housing Finance Agency Housing        
Revenue (Riverside Center 2) VRDO 0.930% 5/5/17 LOC 8,300 8,300
New York State Housing Finance Agency        
Revenue (Clinton Park) VRDO 0.880% 5/5/17 LOC 6,700 6,700
New York State Housing Finance Agency        
Revenue (Maestro West Chelsea Housing)        
VRDO 0.930% 5/5/17 LOC 13,000 13,000
New York State Housing Finance Agency        
Revenue (Service Contract) VRDO 0.980% 5/5/17 LOC 3,450 3,450
New York State Local Government Assistance        
Corp. Revenue VRDO 0.920% 5/5/17 63,005 63,005
New York State Mortgage Agency Homeowner        
Mortgage Revenue VRDO 0.910% 5/1/17 15,535 15,535
New York State Mortgage Agency Homeowner        
Mortgage Revenue VRDO 0.940% 5/1/17 14,200 14,200
New York State Mortgage Agency Homeowner        
Mortgage Revenue VRDO 0.930% 5/5/17 24,630 24,630
New York State Mortgage Agency Homeowner        
Mortgage Revenue VRDO 0.940% 5/5/17 16,350 16,350
New York State Mortgage Agency Homeowner        
Mortgage Revenue VRDO 0.980% 5/5/17 35,000 35,000
New York State Urban Development Corp.        
Revenue (Service Contract) VRDO 0.920% 5/5/17 LOC 7,020 7,020
1 Nuveen New York AMT-Free Quality Municipal        
Income Fund VRDP VRDO 0.980% 5/5/17 LOC 27,500 27,500
1 Nuveen New York Quality Municipal Fund VRDP        
VRDO 1.030% 5/5/17 LOC 33,700 33,700
Orchard Park NY Central School District BAN 3.000% 4/6/18 11,640 11,834
1 Port Authority of New York & New Jersey        
Revenue TOB VRDO 0.930% 5/5/17 1,220 1,220
1 Port Authority of New York & New Jersey        
Revenue TOB VRDO 0.930% 5/5/17 3,055 3,055
Rensselaer County NY GO 2.000% 8/11/17 9,600 9,634
Smithtown NY Central School District TAN 1.500% 6/30/17 9,600 9,610
South Country NY Central School District TAN 2.000% 6/27/17 11,500 11,521
South Huntington NY Union Free School District        
TAN 2.000% 6/27/17 6,000 6,010
Syosset NY Central School District TAN 1.500% 6/27/17 4,500 4,505
Triborough Bridge & Tunnel Authority New York        
Revenue VRDO 0.900% 5/5/17 LOC 1,840 1,840
Triborough Bridge & Tunnel Authority New York        
Revenue VRDO 0.910% 5/5/17 LOC 70,395 70,395
Ulster County NY BAN 2.000% 11/22/17 6,955 6,997
1 Utility Debt Securitization Authority New York        
Revenue TOB VRDO 0.930% 5/5/17 37,500 37,500
Westchester County NY GO 2.000% 12/15/17 25,000 25,134
        1,849,852

 

31

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
North Carolina (1.4%)        
Board of Governors of the University of North        
Carolina Revenue (University of North Carolina        
Hospitals at Chapel Hill) VRDO 0.870% 5/5/17 37,620 37,620
1 Charlotte NC Water & Sewer System Revenue        
TOB VRDO 0.930% 5/5/17 7,450 7,450
1 Charlotte-Mecklenburg NC Hospital Authority        
Health Care System Revenue (Carolinas        
HealthCare System) TOB VRDO 0.930% 5/5/17 5,495 5,495
1 Charlotte-Mecklenburg NC Hospital Authority        
Health Care System Revenue (Carolinas        
HealthCare System) TOB VRDO 0.980% 5/5/17 14,000 14,000
North Carolina Capital Facilities Finance Agency        
(Duke University Project) CP 0.790% 5/9/17 4,662 4,662
North Carolina Capital Facilities Finance Agency        
(Duke University Project) CP 1.010% 7/7/17 17,602 17,602
1 North Carolina Capital Facilities Finance Agency        
Revenue (Duke University Project) TOB VRDO 0.930% 5/5/17 3,395 3,395
1 North Carolina Capital Facilities Finance Agency        
Revenue (Duke University Project) TOB VRDO 0.930% 5/5/17 2,285 2,285
1 North Carolina Capital Facilities Finance Agency        
Revenue (Duke University Project) TOB VRDO 0.930% 5/5/17 (Prere.) 2,495 2,495
North Carolina Capital Facilities Finance Agency        
Revenue (YMCA of the Triangle) VRDO 0.910% 5/5/17 LOC 9,050 9,050
North Carolina Capital Facilities Finance Agency        
Revenue (YMCA of the Triangle) VRDO 0.940% 5/5/17 LOC 10,910 10,910
North Carolina Medical Care Commission Health        
Care Facilities Revenue (Lenoir Memorial        
Hospital Project) VRDO 0.930% 5/5/17 LOC 14,660 14,660
North Carolina Medical Care Commission        
Hospital Revenue (Baptist Hospital) VRDO 0.940% 5/5/17 LOC 6,095 6,095
North Carolina Medical Care Commission        
Hospital Revenue (Moses Cone Health System)        
PUT 1.250% 11/24/17 21,555 21,555
1 North Carolina Revenue TOB VRDO 0.930% 5/5/17 2,900 2,900
Raleigh Durham NC Airport Authority Revenue        
VRDO 0.890% 5/5/17 LOC 12,580 12,580
Raleigh NC Combined Enterprise System        
Revenue VRDO 0.860% 5/5/17 47,360 47,360
Raleigh NC Combined Enterprise System        
Revenue VRDO 0.860% 5/5/17 20,805 20,805
        240,919
North Dakota (0.1%)        
North Dakota Housing Finance Agency Home        
Mortgage Revenue VRDO 0.910% 5/5/17 19,950 19,950
 
Ohio (3.0%)        
1 American Municipal Power Ohio Inc. Revenue        
(Prairie State Energy Campus Project) TOB        
VRDO 1.000% 5/5/17 (Prere.) 10,495 10,495
Avon Lake OH BAN 2.000% 7/12/17 25,496 25,559
Avon OH BAN 2.000% 9/7/17 6,500 6,526
Avon OH BAN 2.000% 1/24/18 1,250 1,257
Berea OH BAN 2.000% 3/15/18 3,250 3,271

 

32

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Butler County OH Capital Funding Revenue        
VRDO 0.900% 5/5/17 LOC 5,940 5,940
1 Cincinnati OH City School District GO TOB VRDO 0.930% 5/5/17 5,000 5,000
Cleveland-Cuyahoga County OH Port Authority        
Revenue (Cleveland Museum of Art Project)        
VRDO 0.910% 5/5/17 7,900 7,900
Cleveland-Cuyahoga County OH Port Authority        
Revenue (Cleveland Museum of Art Project)        
VRDO 0.910% 5/5/17 21,400 21,400
Cleveland-Cuyahoga County OH Port Authority        
Revenue (Cleveland Museum of Art Project)        
VRDO 0.910% 5/5/17 18,350 18,350
Columbus OH Regional Airport Authority Airport        
Revenue (Flight Safety International Inc. Project)        
VRDO 0.950% 5/5/17 (13) 7,500 7,500
Columbus OH Regional Airport Authority Airport        
Revenue (Oasbo Expanded Asset Program)        
VRDO 0.920% 5/5/17 LOC 12,615 12,615
Columbus OH Regional Airport Authority Airport        
Revenue (OASBO Expanded Asset Program)        
VRDO 0.920% 5/5/17 LOC 17,260 17,260
Columbus OH Regional Airport Authority Airport        
Revenue (Oasbo Expanded Asset Program)        
VRDO 0.920% 5/5/17 LOC 4,250 4,250
Columbus OH Regional Airport Authority        
Revenue (Pooled Financing Program) VRDO 0.920% 5/5/17 LOC 7,155 7,155
Deer Park OH City School District GO 2.000% 7/13/17 3,750 3,758
Deerfield Township OH BAN 1.200% 10/26/17 1,600 1,600
Franklin County OH Hospital Facilities Revenue        
(Doctors OhioHealth Corp.) VRDO 0.890% 5/5/17 LOC 15,950 15,950
1 Franklin County OH Hospital Facilities Revenue        
(OhioHealth Corp.) TOB VRDO 0.940% 5/5/17 4,000 4,000
Franklin County OH Hospital Facilities Revenue        
(US Health Corp. of Columbus) VRDO 0.890% 5/5/17 LOC 4,065 4,065
Franklin County OH Hospital Revenue        
(Nationwide Children’s Hospital Project) VRDO 0.890% 5/5/17 31,065 31,065
Franklin County OH Hospital Revenue        
(Nationwide Children’s Hospital Project) VRDO 0.910% 5/5/17 6,875 6,875
1 Hamilton County OH Sewer System Revenue        
TOB VRDO 0.930% 5/5/17 7,000 7,000
Highland Heights OH BAN 2.000% 6/15/17 2,750 2,754
Huber Heights OH BAN 2.000% 6/1/17 9,063 9,072
Independence OH BAN 2.000% 12/6/17 4,000 4,020
1 Lakewood OH City School District GO TOB        
VRDO 0.930% 5/5/17 5,110 5,110
Lorain County OH BAN 1.250% 11/9/17 2,500 2,505
Mason OH City School District BAN 2.000% 1/24/18 4,300 4,323
1 Miami University of Ohio General Receipts        
Revenue TOB VRDO 0.930% 5/5/17 3,365 3,365
Middleburg Heights OH BAN 2.000% 7/25/17 1,240 1,243
Middletown OH Hospital Facilities Revenue        
(Atrium Medical Center) VRDO 0.900% 5/5/17 LOC 13,690 13,690
1 Northeast OH Regional Sewer District Revenue        
(Wastewater Revenue Improvement) TOB VRDO 0.930% 5/5/17 6,800 6,800

 

33

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
1 Ohio Air Quality Development Authority Revenue        
(Dayton Power & Light Co. Project) TOB VRDO 0.960% 5/5/17 (13) 17,755 17,755
Ohio Common Schools GO VRDO 0.890% 5/5/17 15,955 15,955
Ohio GO VRDO 0.910% 5/5/17 23,840 23,840
Ohio GO VRDO 0.910% 5/5/17 5,130 5,130
Ohio GO VRDO 0.910% 5/5/17 5,785 5,785
Ohio Higher Educational Facility Commission        
Revenue (Case Western Reserve University        
Project) CP 0.840% 5/16/17 30,000 30,000
1 Ohio Hospital Revenue (Cleveland Clinic Health        
System Obligated Group) TOB VRDO 0.930% 5/5/17 2,850 2,850
1 Ohio Hospital Revenue (Cleveland Clinic Health        
System Obligated Group) TOB VRDO 0.930% 5/5/17 10,995 10,995
Ohio Housing Finance Agency Residential        
Mortgage Revenue VRDO 0.900% 5/5/17 3,025 3,025
Ohio Housing Finance Agency Residential        
Mortgage Revenue VRDO 0.910% 5/5/17 3,500 3,500
Ohio Housing Finance Agency Residential        
Mortgage Revenue VRDO 0.940% 5/5/17 10,140 10,140
Ohio Housing Finance Agency Residential        
Mortgage Revenue VRDO 0.950% 5/5/17 9,000 9,000
Ohio Infrastructure Improvement GO VRDO 0.910% 5/5/17 2,905 2,905
Ohio State University General Receipts Revenue        
CP 0.770% 5/4/17 16,630 16,630
Ohio State University General Receipts Revenue        
CP 0.790% 5/9/17 15,990 15,990
1 Ohio State University General Receipts Revenue        
TOB VRDO 0.960% 5/5/17 5,750 5,750
1 Ohio State University General Receipts Revenue        
TOB VRDO 0.960% 5/5/17 5,750 5,750
Ohio State University General Receipts Revenue        
VRDO 0.860% 5/5/17 11,725 11,725
1 Toledo OH Waterworks Revenue TOB VRDO 0.980% 5/5/17 8,000 8,000
Union Township OH BAN 1.250% 9/7/17 14,625 14,648
Winton Woods City OH School District BAN 1.750% 7/27/17 10,000 10,019
Winton Woods City OH School District GO 2.500% 7/27/17 3,000 3,010
        514,075
Oklahoma (0.2%)        
1 Grand River Dam Authority Oklahoma Revenue        
TOB VRDO 0.940% 5/5/17 (13) 26,100 26,100
1 Oklahoma City OK Water Utilities Trust Water &        
Sewer Revenue TOB VRDO 0.960% 5/5/17 5,000 5,000
1 Oklahoma Turnpike Authority Revenue TOB        
VRDO 0.960% 5/5/17 8,000 8,000
        39,100
Oregon (1.1%)        
Oregon Facilities Authority Revenue        
(PeaceHealth) VRDO 0.910% 5/5/17 LOC 25,325 25,325
Oregon Facilities Authority Revenue        
(Reed College Projects) VRDO 0.920% 5/5/17 38,535 38,535
Oregon GO (Veterans Welfare) VRDO 0.900% 5/5/17 11,740 11,740
1 Oregon Housing & Community Service        
Department Single Family Mortgage Revenue        
TOB VRDO 0.980% 5/5/17 4,505 4,505

 

34

 

Municipal Money Market Fund        
 
 
 
        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Oregon Housing & Community Service        
  Department Single Family Mortgage Revenue        
  VRDO 0.890% 5/5/17 13,140 13,140
  Oregon Housing & Community Service        
  Department Single Family Mortgage Revenue        
  VRDO 0.890% 5/5/17 15,000 15,000
  Oregon Housing & Community Service        
  Department Single Family Mortgage Revenue        
  VRDO 0.900% 5/5/17 21,815 21,815
  Oregon Housing & Community Service        
  Department Single Family Mortgage Revenue        
  VRDO 0.920% 5/5/17 11,385 11,385
  Oregon TAN 2.000% 6/30/17 31,755 31,816
1,2 Portland OR Water System Revenue TOB PUT 1.200% 6/8/17 9,500 9,500
          182,761
Pennsylvania (1.2%)        
  Allegheny County PA GO VRDO 0.910% 5/5/17 LOC 12,500 12,500
1 Allegheny County PA Hospital Development        
  Authority Revenue (University of Pittsburgh        
  Medical Center) TOB VRDO 0.920% 5/1/17 LOC 25,200 25,200
  Bucks County PA Industrial Development        
  Authority Hospital Revenue (Grand View        
  Hospital) VRDO 0.870% 5/5/17 LOC 3,900 3,900
  Delaware County PA Industrial Development        
  Authority Solid Waste Revenue (Scott Paper        
  Co.) VRDO 0.920% 5/5/17 14,900 14,900
  Delaware County PA Industrial Development        
  Authority Solid Waste Revenue (Scott Paper        
  Co.) VRDO 0.920% 5/5/17 11,500 11,500
  Emmaus PA General Authority Revenue VRDO 0.900% 5/5/17 LOC 7,000 7,000
  Emmaus PA General Authority Revenue VRDO 0.900% 5/5/17 LOC 7,100 7,100
  Emmaus PA General Authority Revenue VRDO 0.900% 5/5/17 LOC 7,000 7,000
  Emmaus PA General Authority Revenue VRDO 0.910% 5/5/17 LOC 24,010 24,010
  Jackson PA Authority for Industrial Development        
  Revenue (StoneRidge Retirement Living) VRDO 0.920% 5/5/17 LOC 10,000 10,000
  Pennsylvania Higher Educational Facilities        
  Authority Revenue (Gwynedd Mercy College)        
  VRDO 0.870% 5/5/17 LOC 3,810 3,810
1 Pennsylvania Higher Educational Facilities        
  Authority Revenue (Presbyterian Medical Center)        
  TOB VRDO 0.930% 5/5/17 7,200 7,200
1 Pennsylvania Housing Finance Agency Single        
  Family Mortgage Revenue TOB VRDO 0.930% 5/5/17 1,250 1,250
1 Pennsylvania Housing Finance Agency Single        
  Family Mortgage Revenue TOB VRDO 1.020% 5/5/17 3,875 3,875
  Pennsylvania Housing Finance Agency Single        
  Family Mortgage Revenue VRDO 0.930% 5/5/17 7,040 7,040
  Pennsylvania Housing Finance Agency Single        
  Family Mortgage Revenue VRDO 0.930% 5/5/17 11,995 11,995
  Pennsylvania Housing Finance Agency Single        
  Family Mortgage Revenue VRDO 0.940% 5/5/17 17,280 17,280
  Pennsylvania Housing Finance Agency Single        
  Family Mortgage Revenue VRDO 0.940% 5/5/17 12,175 12,175

 

35

 

Municipal Money Market Fund        
 
 
 
        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Philadelphia PA Hospitals & Higher Education        
  Facilities Authority Hospital Revenue        
  (Children’s Hospital of Philadelphia Project) VRDO 0.860% 5/1/17 300 300
  University of Pittsburgh PA Revenue CP 0.920% 5/4/17 12,500 12,500
1 University of Pittsburgh PA Revenue TOB VRDO 0.930% 5/5/17 (Prere.) 7,500 7,500
          208,035
Rhode Island (0.2%)        
  Rhode Island Health & Educational Building Corp.        
  Higher Education Facilities Revenue (Brown        
  University) VRDO 0.880% 5/5/17 28,400 28,400
 
South Carolina (1.0%)        
1 Charleston SC Waterworks & Sewer Capital        
  Improvement Revenue TOB VRDO 0.930% 5/5/17 3,000 3,000
1 Charleston SC Waterworks & Sewer Capital        
  Improvement Revenue TOB VRDO 0.930% 5/5/17 (Prere.) 5,000 5,000
1,2 Columbia SC Waterworks & Sewer System        
  Revenue TOB PUT 0.970% 5/4/17 13,615 13,615
  Columbia SC Waterworks & Sewer System        
  Revenue VRDO 0.910% 5/5/17 LOC 13,160 13,160
  Greenville County SC Hospital System Revenue        
  VRDO 0.900% 5/5/17 LOC 11,895 11,895
  Greenville County SC School District GO 2.000% 6/1/17 84,800 84,888
1 Greenwood SC Metropolitan Sewer System        
  Revenue TOB VRDO 1.000% 5/5/17 (Prere.) 5,625 5,625
1,2 Lancaster County SC School District TOB PUT 1.080% 6/8/17 5,560 5,560
  South Carolina Educational Facilities Authority        
  Revenue (Columbia College) VRDO 0.930% 5/5/17 LOC 4,000 4,000
  South Carolina Jobs Economic Development        
  Authority Revenue (Bon Secours Health System)        
  VRDO 0.920% 5/5/17 LOC 16,375 16,375
  South Carolina Jobs Economic Development        
  Authority Revenue (Heathwood Hall Episcopal        
  School) VRDO 0.900% 5/5/17 LOC 1,700 1,700
1 South Carolina Public Service Authority Revenue        
  TOB VRDO 1.090% 5/5/17 (Prere.) 10,640 10,640
  University of South Carolina School of Medicine        
  Educational Trust Healthcare Facilities Revenue        
  VRDO 0.900% 5/5/17 LOC 3,345 3,345
          178,803
South Dakota (0.2%)        
  South Dakota Health & Educational Facilities        
  Authority Revenue (Sioux Valley Hospital &        
  Health System) VRDO 0.890% 5/5/17 LOC 8,085 8,085
  South Dakota Housing Development Authority        
  Homeownership Mortgage Revenue VRDO 0.900% 5/5/17 22,000 22,000
          30,085
Tennessee (3.7%)        
  Blount County & Alcoa & Maryville TN Industrial        
  Development Board Revenue (Local        
  Government Public Improvement) VRDO 0.930% 5/5/17 LOC 7,625 7,625

 

36

 

Municipal Money Market Fund        
 
 
 
        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Blount County TN Public Building Authority        
  Revenue (Local Government Public        
  Improvement) VRDO 0.930% 5/5/17 40,275 40,275
  Blount County TN Public Building Authority        
  Revenue (Local Government Public        
  Improvement) VRDO 0.930% 5/5/17 LOC 9,535 9,535
  Blount County TN Public Building Authority        
  Revenue (Local Government Public        
  Improvement) VRDO 0.930% 5/5/17 15,700 15,700
1 Blount County TN Public Building Authority        
  Revenue TOB VRDO 0.910% 5/5/17 LOC(Prere.) 26,965 26,965
  Metropolitan Government of Nashville &        
  Davidson County TN GO (Extendible) CP 0.880% 12/15/17 12,500 12,500
  Metropolitan Government of Nashville &        
  Davidson County TN GO (Extendible) CP 0.950% 1/13/18 37,500 37,500
  Metropolitan Government of Nashville &        
  Davidson County TN GO CP 0.860% 5/16/17 LOC 25,000 25,000
1,2 Metropolitan Government of Nashville &        
  Davidson County TN GO TOB PUT 0.970% 5/4/17 16,880 16,880
1 Metropolitan Government of Nashville &        
  Davidson County TN GO TOB VRDO 0.930% 5/5/17 7,500 7,500
1 Metropolitan Government of Nashville &        
  Davidson County TN Health & Educational        
  Facilities Board Revenue (Vanderbilt University)        
  TOB VRDO 0.930% 5/5/17 8,250 8,250
  Montgomery County TN Public Building        
  Authority Pooled Financial Revenue        
  (Tennessee County Loan Pool) VRDO 0.980% 5/1/17 LOC 6,235 6,235
1 Rutherford County TN Health & Educational        
  Facilities Board Revenue (Ascension Health        
  Credit Group) TOB VRDO 0.930% 5/5/17 6,250 6,250
  Sevier County TN Public Building Authority Local        
  Government Public Improvement Revenue        
  VRDO 0.930% 5/5/17 LOC 12,100 12,100
  Sevier County TN Public Building Authority Local        
  Government Public Improvement Revenue        
  VRDO 0.930% 5/5/17 43,000 43,000
  Sevier County TN Public Building Authority Local        
  Government Public Improvement Revenue        
  VRDO 0.980% 5/5/17 LOC 31,905 31,905
  Shelby County TN GO VRDO 0.900% 5/5/17 152,065 152,065
  Tennessee GO CP 0.790% 5/9/17 43,443 43,443
  Tennessee GO CP 0.830% 5/16/17 40,000 40,000
  Tennessee GO CP 0.930% 5/16/17 45,096 45,096
  Tennessee GO CP 0.970% 6/8/17 23,354 23,354
1 Tennessee School Bond Authority Higher        
  Educational Facilities Revenue (2nd Program)        
  TOB VRDO 0.930% 5/5/17 19,040 19,040
          630,218
Texas (9.5%)        
  Austin TX Airport System Revenue VRDO 0.930% 5/5/17 LOC 44,750 44,750
1,2 Austin TX Electric Utility System Revenue TOB        
  PUT 1.100% 5/18/17 7,300 7,300
  Austin TX GO 2.000% 5/1/17 1,460 1,460

 

37

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Austin TX GO 2.000% 9/1/17 1,555 1,561
Austin TX Water & Wastewater System Revenue        
VRDO 0.900% 5/5/17 LOC 4,570 4,570
Board of Regents of the Texas A&M University        
System Revenue Financing System Revenue CP 0.940% 7/5/17 10,000 10,000
1 Dallas TX Area Rapid Transit Sales Tax Revenue        
TOB VRDO 0.930% 5/5/17 5,500 5,500
Dallas TX Waterworks & Sewer System        
Revenue CP 0.940% 6/6/17 9,700 9,700
Denton TX Independent School District GO        
VRDO 0.900% 5/5/17 30,190 30,190
Fort Bend TX Independent School District GO CP 0.810% 5/17/17 10,000 10,000
1 Grand Parkway Transportation Corp. Texas        
System Toll Revenue TOB VRDO 0.940% 5/5/17 23,145 23,145
1 Harris County TX Cultural Education Facilities        
Finance Corp. Hospital Revenue (Children’s        
Hospital Project) TOB VRDO 0.950% 5/5/17 8,200 8,200
Harris County TX Cultural Education Facilities        
Finance Corp. Revenue (Methodist Hospital        
System) CP 0.880% 5/17/17 40,000 40,000
Harris County TX Cultural Education Facilities        
Finance Corp. Revenue (Methodist Hospital        
System) CP 0.940% 5/31/17 90,000 90,000
Harris County TX Cultural Education Facilities        
Finance Corp. Revenue (Methodist Hospital        
System) CP 0.940% 6/7/17 90,000 90,000
Harris County TX Cultural Education Facilities        
Finance Corp. Revenue (Methodist Hospital        
System) CP 0.940% 6/14/17 35,000 35,000
Harris County TX Cultural Education Facilities        
Finance Corp. Revenue (Methodist Hospital        
System) CP 0.940% 6/14/17 20,105 20,105
1 Harris County TX Cultural Education Facilities        
Finance Corp. Revenue (Texas Children’s        
Hospital) TOB VRDO 0.920% 5/1/17 8,200 8,200
1 Harris County TX Cultural Education Facilities        
Finance Corp. Revenue (Texas Children’s        
Hospital) TOB VRDO 1.000% 5/5/17 4,800 4,800
1 Harris County TX GO TOB VRDO 0.930% 5/5/17 8,070 8,070
1 Harris County TX GO TOB VRDO 0.930% 5/5/17 8,160 8,160
1 Harris County TX GO TOB VRDO 0.940% 5/5/17 39,600 39,600
1 Harris County TX Toll Road Revenue TOB VRDO 0.930% 5/5/17 (13) 5,200 5,200
1 Houston TX Airport System Revenue TOB VRDO 0.930% 5/5/17 13,360 13,360
1 Houston TX Airport System Revenue TOB VRDO 0.940% 5/5/17 12,000 12,000
Houston TX Combined Utility System CP 0.750% 5/1/17 20,000 20,000
Houston TX Combined Utility System CP 0.850% 5/4/17 30,000 30,000
Houston TX Combined Utility System CP 0.850% 5/4/17 20,000 20,000
Houston TX Combined Utility System CP 0.860% 5/4/17 15,000 15,000
Houston TX Combined Utility System CP 0.920% 5/4/17 20,000 20,000
Houston TX Combined Utility System CP 0.920% 5/4/17 20,000 20,000
Houston TX Combined Utility System CP 0.920% 5/4/17 20,000 20,000
Houston TX Combined Utility System CP 0.930% 5/4/17 20,000 20,000
Houston TX Combined Utility System CP 0.800% 5/11/17 10,000 10,000

 

38

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
1 Houston TX Higher Education Finance Corp.        
Revenue (Rice University Project) TOB VRDO 0.930% 5/5/17 6,665 6,665
Houston TX Higher Education Finance Corp.        
Revenue (Rice University Project) VRDO 0.890% 5/5/17 15,665 15,665
Houston TX Revenue 5.000% 6/30/17 20,000 20,136
1 Houston TX Utility System Revenue TOB VRDO 0.940% 5/5/17 23,380 23,380
1 Houston TX Utility System Revenue TOB VRDO 0.940% 5/5/17 12,240 12,240
Houston TX Utility System Revenue VRDO 0.910% 5/5/17 LOC 7,450 7,450
Houston TX Utility System Revenue VRDO 0.910% 5/5/17 LOC 77,325 77,325
Mesquite TX Independent School District School        
Building VRDO 0.920% 5/5/17 13,800 13,800
North East TX Independent School District CP 0.890% 5/23/17 50,000 50,000
1 North East TX Independent School District GO        
TOB VRDO 0.940% 5/5/17 31,305 31,305
North Texas Municipal Water District Water        
System Revenue 5.000% 9/1/17 7,185 7,284
1 North Texas Tollway Authority System Revenue        
TOB VRDO 0.930% 5/5/17 (13) 6,000 6,000
1 North Texas Tollway Authority System Revenue        
TOB VRDO 0.950% 5/5/17 (13) 22,360 22,360
North Texas Tollway Authority System Revenue        
VRDO 0.900% 5/5/17 LOC 38,510 38,510
Northwest Independent School District Texas        
GO VRDO 0.920% 5/5/17 8,170 8,170
Red River TX Education Finance Corp. Revenue        
(Texas Christian University Project) VRDO 0.930% 5/5/17 38,800 38,800
1 San Antonio TX Electric & Gas Systems Revenue        
TOB VRDO 0.930% 5/5/17 9,020 9,020
1 San Antonio TX Electric & Gas Systems Revenue        
TOB VRDO 0.960% 5/5/17 14,465 14,465
San Antonio TX Water Revenue CP 0.970% 7/6/17 37,700 37,700
1 Tarrant County TX Cultural Education Facilities        
Finance Corp. Hospital Revenue (Baylor Health        
Care System Project) TOB VRDO 0.950% 5/5/17 5,555 5,555
Tarrant County TX Cultural Education Facilities        
Finance Corp. Hospital Revenue (Baylor Health        
Care System Project) VRDO 0.920% 5/5/17 LOC 21,550 21,550
1 Tarrant County TX Cultural Education Facilities        
Finance Corp. Hospital Revenue (Baylor Scott        
& White Healthcare Project) TOB VRDO 0.930% 5/5/17 39,605 39,605
1 Tarrant County TX Cultural Education Facilities        
Finance Corp. Hospital Revenue (Baylor Scott        
& White Healthcare Project) TOB VRDO 0.950% 5/5/17 4,620 4,620
Tarrant County TX Cultural Education Facilities        
Finance Corp. Revenue (CHRISTUS Health)        
VRDO 0.920% 5/5/17 LOC 43,900 43,900
Tarrant County TX Cultural Education Facilities        
Finance Corp. Revenue (CHRISTUS Health)        
VRDO 0.920% 5/5/17 LOC 20,010 20,010
Tarrant County TX Cultural Education Facilities        
Finance Corp. Revenue (CHRISTUS Health)        
VRDO 0.950% 5/5/17 LOC 23,200 23,200

 

39

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
1 Tarrant County TX Cultural Education Facilities        
Finance Corp. Revenue (Texas Health        
Resources) TOB VRDO 0.930% 5/5/17 5,000 5,000
1 Tarrant County TX Cultural Education Facilities        
Finance Corp. Revenue (Texas Health        
Resources) TOB VRDO 0.930% 5/5/17 6,250 6,250
Tarrant Regional Water District Texas Water        
Revenue (Extendible) CP 1.020% 12/31/17 3,800 3,800
Texas (Veterans Housing Assistance Program)        
GO VRDO 0.910% 5/5/17 60,135 60,135
Texas Department of Housing & Community        
Affairs Single Mortgage Revenue VRDO 0.950% 5/5/17 20,775 20,775
1 Texas GO TOB VRDO 1.020% 5/5/17 22,210 22,210
Texas State University System Financing System        
Revenue (Extendible) CP 0.980% 1/20/18 4,458 4,458
Texas Transportation Commission Revenue        
VRDO 0.880% 5/5/17 70,000 70,000
1 Texas Water Development Board Revenue TOB        
VRDO 0.930% 5/5/17 5,900 5,900
1 Texas Water Development Board Revenue TOB        
VRDO 0.930% 5/5/17 12,315 12,315
Trinity River Authority of Texas Central Regional        
Wastewater System Revenue (Extendible) CP 0.870% 12/4/17 70,000 70,000
University of North Texas University Revenue        
Financing System CP 0.980% 1/1/18 10,000 10,000
University of Texas System Revenue Financing        
System Revenue CP 0.780% 5/5/17 16,592 16,592
        1,612,021
Utah (0.3%)        
Emery County UT Pollution Control Revenue        
(PacifiCorp Projects) VRDO 0.900% 5/5/17 LOC 24,200 24,200
1 University of Utah Revenue TOB VRDO 0.970% 5/5/17 6,490 6,490
Utah Housing Finance Agency Single Family        
Mortgage Revenue VRDO 0.960% 5/5/17 3,365 3,365
1 Utah Transit Authority Sales Tax Revenue TOB        
VRDO 0.930% 5/5/17 3,300 3,300
1 Utah Transit Authority Sales Tax Revenue TOB        
VRDO 0.970% 5/5/17 9,720 9,720
        47,075
Virginia (1.0%)        
Fairfax County VA Industrial Development        
Authority Health Care Revenue (Inova Health        
System Obligated Group) VRDO 0.900% 5/5/17 38,760 38,760
Fairfax County VA Industrial Development        
Authority Health Care Revenue (Inova Health        
System Obligated Group) VRDO 0.930% 5/5/17 24,150 24,150
Loudoun County VA Industrial Development        
Authority Revenue (Howard Hughes Medical        
Institute) VRDO 0.860% 5/5/17 8,185 8,185
Loudoun County VA Industrial Development        
Authority Revenue (Howard Hughes Medical        
Institute) VRDO 0.860% 5/5/17 7,845 7,845

 

40

 

Municipal Money Market Fund        
 
 
 
        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Stafford County VA Industrial Development        
  Authority Revenue (VML/VACo Commonwealth        
  Loan Program) VRDO 0.930% 5/5/17 LOC 2,120 2,120
1,2 University of Virginia Revenue TOB PUT 1.080% 5/25/17 5,335 5,335
1 University of Virginia Revenue TOB VRDO 0.930% 5/5/17 (Prere.) 14,300 14,300
1 Virginia Commonwealth Transportation Board        
  Revenue TOB VRDO 0.930% 5/5/17 3,000 3,000
1 Virginia Housing Development Authority        
  Commonwealth Mortgage Revenue TOB VRDO 0.940% 5/5/17 5,000 5,000
  Virginia Public Building Authority Public Facilities        
  Revenue VRDO 0.900% 5/5/17 49,900 49,900
  Virginia Public School Authority Revenue 5.000% 8/1/17 3,780 3,820
1 Virginia Resources Authority Clean Water        
  Revenue (State Revolving Fund) TOB VRDO 0.930% 5/5/17 9,490 9,490
          171,905
Washington (2.4%)        
1 Central Puget Sound WA Regional Transit        
  Authority Sales & Use Tax Revenue TOB VRDO 0.920% 5/1/17 6,700 6,700
1 Central Puget Sound WA Regional Transit        
  Authority Sales & Use Tax Revenue TOB VRDO 0.930% 5/5/17 2,885 2,885
1 Central Puget Sound WA Regional Transit        
  Authority Sales & Use Tax Revenue TOB VRDO 0.930% 5/5/17 2,665 2,665
  Chelan County WA Public Utility District No. 1        
  Consolidated System Revenue VRDO 0.900% 5/5/17 21,050 21,050
1,2 King County WA School District No. 414 GO        
  TOB PUT 1.060% 7/27/17 8,850 8,850
1 King County WA Sewer Revenue TOB VRDO 0.930% 5/5/17 2,100 2,100
1 Northwest Energy Washington Electric Revenue        
  (Columbia Generating Station) TOB VRDO 0.930% 5/5/17 5,500 5,500
1 Pierce County WA School District No. 10        
  (Tacoma) GO TOB VRDO 0.930% 5/5/17 2,650 2,650
  Port of Seattle WA Revenue VRDO 0.940% 5/5/17 LOC 64,940 64,940
1,2 Seattle WA Water System Revenue TOB PUT 1.060% 7/27/17 11,775 11,775
  Tacoma WA Housing Authority Revenue (Sunset        
  Apartment Projects) VRDO 0.930% 5/5/17 LOC 13,250 13,250
1 TES Properties Washington Lease Revenue TOB        
  VRDO 0.980% 5/5/17 (Prere.) 10,125 10,125
  Washington Economic Development Finance        
  Authority Solid Waste Disposal Revenue        
  (LeMay Enterprises Project) VRDO 0.930% 5/5/17 LOC 15,630 15,630
  Washington GO 5.000% 8/1/17 12,225 12,351
  Washington GO 5.000% 8/1/17 2,680 2,708
1 Washington GO TOB VRDO 0.930% 5/5/17 5,100 5,100
1 Washington GO TOB VRDO 0.930% 5/5/17 8,325 8,325
1 Washington GO TOB VRDO 0.930% 5/5/17 2,250 2,250
1 Washington GO TOB VRDO 0.930% 5/5/17 4,700 4,700
1 Washington Health Care Facilities Authority        
  Revenue (Children’s Hospital & Regional        
  Medical Center) TOB VRDO 0.940% 5/5/17 21,280 21,280
1 Washington Health Care Facilities Authority        
  Revenue (Providence Health & Services) TOB        
  VRDO 0.930% 5/5/17 8,610 8,610

 

41

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
1 Washington Health Care Facilities Authority        
Revenue (Providence Health & Services) TOB        
VRDO 0.930% 5/5/17 12,475 12,475
Washington Health Care Facilities Authority        
Revenue (Providence Health & Services) VRDO 0.900% 5/5/17 73,250 73,250
Washington Health Care Facilities Authority        
Revenue (Providence Health & Services) VRDO 0.900% 5/5/17 11,675 11,675
1 Washington Health Care Facilities Authority        
Revenue (Seattle Children’s Hospital) TOB        
VRDO 0.930% 5/5/17 3,275 3,275
Washington Higher Education Facilities Authority        
Revenue (Seattle University) VRDO 0.910% 5/5/17 LOC 12,945 12,945
Washington Higher Education Facilities Authority        
Revenue (Whitman College Project) VRDO 0.910% 5/5/17 22,600 22,600
Washington Housing Finance Commission        
Multi-Family Housing Revenue (Merrill Gardens        
at Kirkland Project) VRDO 0.940% 5/5/17 LOC 23,600 23,600
Washington Housing Finance Commission        
Nonprofit Revenue (The Overlake School        
Project) VRDO 0.900% 5/5/17 LOC 4,400 4,400
Washington Housing Finance Commission        
Nonprofit Revenue (The Overlake School        
Project) VRDO 0.900% 5/5/17 LOC 4,390 4,390
        402,054
West Virginia (0.6%)        
West Virginia Hospital Finance Authority Hospital        
Revenue (Cabell Huntington Hospital Inc.) VRDO 0.950% 5/5/17 LOC 8,200 8,200
West Virginia Hospital Finance Authority Hospital        
Revenue (Charleston Area Medical Center Inc.)        
VRDO 0.900% 5/5/17 LOC 87,445 87,445
        95,645
Wisconsin (3.2%)        
Madison WI Metropolitan School District        
Revenue 2.000% 9/7/17 64,000 64,254
Milwaukee WI GO 2.000% 10/1/17 53,775 54,027
Milwaukee WI Redevelopment Authority        
Redevelopment Lease Revenue (University        
Wisconsin Kenilworth Project) VRDO 0.960% 5/5/17 LOC 4,960 4,960
University of Wisconsin Hospitals & Clinics        
Authority Revenue VRDO 0.900% 5/5/17 LOC 30,710 30,710
1 Wisconsin Annual Appropriation Revenue TOB        
VRDO 0.930% 5/5/17 (Prere.) 11,085 11,085
Wisconsin Department of Transportation        
Revenue CP 0.970% 7/11/17 10,000 10,000
Wisconsin GO (Extendible) CP 1.020% 12/31/17 94,989 94,989
Wisconsin GO (Extendible) CP 0.990% 1/13/18 42,574 42,574
Wisconsin GO (Extendible) CP 0.990% 1/15/18 15,000 15,000
Wisconsin GO CP 0.950% 6/7/17 36,025 36,025
1 Wisconsin Health & Educational Facilities        
Authority Revenue (Ascension Health Credit        
Group) TOB VRDO 0.930% 5/5/17 1,500 1,500
1 Wisconsin Health & Educational Facilities        
Authority Revenue (Ascension Health Credit        
Group) TOB VRDO 0.930% 5/5/17 9,000 9,000

 

42

 

Municipal Money Market Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Wisconsin Health & Educational Facilities        
Authority Revenue (Goodwill Industries of North        
Central Wisconsin Inc.) VRDO 0.900% 5/5/17 LOC 5,685 5,685
Wisconsin Health & Educational Facilities        
Authority Revenue (Medical College Wisconsin)        
VRDO 0.900% 5/5/17 LOC 64,900 64,900
Wisconsin Health & Educational Facilities        
Authority Revenue (Upland Hills Health Inc.)        
VRDO 0.910% 5/5/17 LOC 8,850 8,850
Wisconsin Housing & Economic Development        
Authority Home Ownership Revenue VRDO 0.900% 5/5/17 26,000 26,000
Wisconsin Housing & Economic Development        
Authority Multi-Family Revenue VRDO 0.910% 5/5/17 23,760 23,760
1 Wisconsin Public Finance Authority Lease        
Development Revenue (KU Campus        
Development Corp. - Central District        
Development Project) TOB VRDO 1.020% 5/5/17 41,335 41,335
        544,654
Wyoming (0.2%)        
Converse County WY Pollution Control Revenue        
(PacifiCorp Projects) VRDO 0.910% 5/5/17 LOC 16,400 16,400
Lincoln County WY Pollution Control Revenue        
(ExxonMobil Project) VRDO 0.860% 5/1/17 900 900
Sweetwater County WY Pollution Control        
Revenue (PacifiCorp Projects) VRDO 0.930% 5/5/17 LOC 17,710 17,710
Sweetwater County WY Pollution Control        
Revenue (PacifiCorp Projects) VRDO 0.910% 5/5/17 LOC 7,000 7,000
        42,010
Total Tax-Exempt Municipal Bonds (Cost $16,076,531)     16,076,531
 
      Shares  
Temporary Cash Investment (4.6%)        
Money Market Fund (4.6%)        
4 Vanguard Municipal Cash Management Fund        
(Cost $781,469) 0.895%   7,814,696 781,470
Total Investments (99.0%) (Cost $16,858,000)       16,858,001
 
        Amount
        ($000)
Other Assets and Liabilities (1.0%)        
Other Assets       222,200
Liabilities       (54,635)
        167,565
Net Assets (100%)        
Applicable to 17,022,894,326 outstanding $.001 par value shares of      
beneficial interest (unlimited authorization)       17,025,566
Net Asset Value Per Share       $1.00

 

43

 

Municipal Money Market Fund  
 
 
 
 
  Amount
  ($000)
Statement of Assets and Liabilities  
Assets  
Investments in Securities, at Value  
Unaffiliated Issuers 16,076,531
Affiliated Vanguard Funds 781,470
Total Investments in Securities 16,858,001
Investment in Vanguard 1,162
Receivables for Investment Securities Sold 19,961
Receivables for Accrued Income 34,404
Receivables for Capital Shares Issued 40,585
Other Assets 126,088
Total Assets 17,080,201
Liabilities  
Payables for Investment Securities Purchased 560
Payables for Capital Shares Redeemed 36,625
Payables for Distributions 785
Payables to Vanguard 16,661
Other Liabilities 4
Total Liabilities 54,635
Net Assets 17,025,566
 
 
At April 30, 2017, net assets consisted of:  
  Amount
  ($000)
Paid-in Capital 17,024,855
Undistributed Net Investment Income 9
Accumulated Net Realized Gains 701
Unrealized Appreciation (Depreciation) 1
Net Assets 17,025,566

 

• See Note A in Notes to Financial Statements.
1 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from
registration, normally to qualified institutional buyers. At April 30, 2017, the aggregate value of these securities was $4,950,170,000,
representing 29.1% of net assets.
2 Adjustable-rate security.
3 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations have been managed by the
Federal Housing Finance Agency and it receives capital from the U.S. Treasury, as needed to maintain a positive net worth, in exchange
for senior preferred stock.
4 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is
the 7-day yield.
A key to abbreviations and other references follows the Statement of Net Assets.
See accompanying Notes, which are an integral part of the Financial Statements.

44

 

Municipal Money Market Fund

Key to Abbreviations

ARS—Auction Rate Security.
BAN—Bond Anticipation Note.
COP—Certificate of Participation.
CP—Commercial Paper.
FR—Floating Rate.
GAN—Grant Anticipation Note.
GO—General Obligation Bond.
PILOT—Payments in Lieu of Taxes.
PUT—Put Option Obligation.
RAN—Revenue Anticipation Note.
TAN—Tax Anticipation Note.
TOB—Tender Option Bond.
TRAN—Tax Revenue Anticipation Note.
VRDO—Variable Rate Demand Obligation.
VRDP—Variable Rate Demand Preferred.
(ETM)—Escrowed to Maturity.
(Prere.)—Prerefunded.

Scheduled principal and interest payments are guaranteed by:

(1) MBIA (Municipal Bond Investors Assurance).

(2) AMBAC (Ambac Assurance Corporation).

(3) FGIC (Financial Guaranty Insurance Company).

(4) AGM (Assured Guaranty Municipal Corporation).

(5) BIGI (Bond Investors Guaranty Insurance).

(6) Connie Lee Inc.

(7) FHA (Federal Housing Authority).

(8) CapMAC (Capital Markets Assurance Corporation).

(9) American Capital Access Financial Guaranty Corporation.

(10) XL Capital Assurance Inc.

(11) CIFG (CDC IXIS Financial Guaranty).

(12) AGC (Assured Guaranty Corporation).

(13) BHAC (Berkshire Hathaway Assurance Corporation).

(14) NPFG (National Public Finance Guarantee Corporation).

(15) BAM (Build America Mutual Assurance Company).

(16) MAC (Municipal Assurance Corporation).

(17) RAA (Radian Asset Assurance Inc.).

(18) SBLF (Michigan School Bond Loan Fund).

The insurance does not guarantee the market value of the municipal bonds.

LOC—Scheduled principal and interest payments are guaranteed by bank letter of credit.

45

 

Municipal Money Market Fund  
 
 
Statement of Operations  
 
  Six Months Ended
  April 30, 2017
  ($000)
Investment Income  
Income  
Interest1 61,130
Total Income 61,130
Expenses  
The Vanguard Group—Note B  
Investment Advisory Services 2,213
Management and Administrative 7,897
Marketing and Distribution 2,118
Custodian Fees 85
Shareholders’ Reports 110
Trustees’ Fees and Expenses 5
Total Expenses 12,428
Net Investment Income 48,702
Realized Net Gain (Loss) on Investment Securities Sold1 701
Net Increase (Decrease) in Net Assets Resulting from Operations 49,403

 

1 Interest income and realized net gain (loss) from an affiliated company of the fund were $2,605,000 and $0, respectively.

See accompanying Notes, which are an integral part of the Financial Statements.

46

 

Municipal Money Market Fund    
 
 
Statement of Changes in Net Assets    
 
  Six Months Ended Year Ended
  April 30, October 31,
  2017 2016
  ($000) ($000)
Increase (Decrease) in Net Assets    
Operations    
Net Investment Income 48,702 40,357
Realized Net Gain (Loss) 701 11
Change in Unrealized Appreciation (Depreciation) — 1
Net Increase (Decrease) in Net Assets Resulting from Operations 49,403 40,369
Distributions    
Net Investment Income (48,700) (40,371)
Realized Capital Gain — —
Total Distributions (48,700) (40,371)
Capital Share Transactions (at $1.00 per share)    
Issued 6,277,435 15,910,832
Issued in Lieu of Cash Distributions 44,889 38,248
Redeemed (5,421,225) (17,046,907)
Net Increase (Decrease) from Capital Share Transactions 901,099 (1,097,827)
Total Increase (Decrease) 901,802 (1,097,829)
Net Assets    
Beginning of Period 16,123,764 17,221,593
End of Period1 17,025,566 16,123,764

 

1 Net Assets—End of Period includes undistributed (overdistributed) net investment income of $9,000 and $7,000.

See accompanying Notes, which are an integral part of the Financial Statements.

47

 

Municipal Money Market Fund            
 
 
Financial Highlights            
 
 
Six Months          
  Ended          
For a Share Outstanding April 30,     Year Ended October 31,
Throughout Each Period 2017 2016 2015 2014 2013 2012
Net Asset Value, Beginning of Period $1.00 $1.00 $1.00 $1.00 $1.00 $1.00
Investment Operations            
Net Investment Income .003 .0025 .0001 .0001 .0002 .0004
Net Realized and Unrealized Gain (Loss)            
on Investments — — — — — —
Total from Investment Operations .003 .0025 .0001 .0001 .0002 .0004
Distributions            
Dividends from Net Investment Income (.003) (.0025) (.0001) (.0001) (.0002) (.0004)
Distributions from Realized Capital Gains  — — — — — —
Total Distributions (.003) (.0025) (.0001) (.0001) (.0002) (.0004)
Net Asset Value, End of Period $1.00 $1.00 $1.00 $1.00 $1.00 $1.00
 
Total Return1 0.29% 0.25% 0.01% 0.01% 0.02% 0.04%
 
Ratios/Supplemental Data            
Net Assets, End of Period (Millions) $17,026 $16,124 $17,222 $17,393 $18,119 $17,004
Ratio of Expenses to            
Average Net Assets 0.15% 0.12%2 0.07%2 0.09%2 0.13%2 0.16%
Ratio of Net Investment Income to            
Average Net Assets 0.59% 0.24% 0.01% 0.01% 0.02% 0.04%

 

The expense ratio and net investment income ratio for the current period have been annualized.

1 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

2 The ratio of total expenses to average net assets before an expense reduction was 0.15% in 2016, 0.15% in 2015, 0.16% in 2014, and 0.16% in 2013. See Note B in the Notes to Financial Statements.

See accompanying Notes, which are an integral part of the Financial Statements.

48

 

Municipal Money Market Fund

Notes to Financial Statements

Vanguard Municipal Money Market Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund invests in debt instruments of many municipal issuers; the issuers’ abilities to meet their obligations may be affected by economic and political developments in a specific state or region. The fund changed its name from Vanguard Tax-Exempt Money Market Fund to Vanguard Municipal Money Market Fund in February 2017.

A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.

1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Securities are valued at amortized cost, which approximates market value. Investments in Vanguard Municipal Cash Management Fund are valued at the fund’s net asset value.

2. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (October 31, 2013–2016), and for the period ended April 30, 2017, and has concluded that no provision for federal income tax is required in the fund’s financial statements.

3. Distributions: Distributions from net investment income are declared daily and paid on the first business day of the following month.

4. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $3.1 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.

The fund had no borrowings outstanding at April 30, 2017, or at any time during the period then ended.

5. Other: Interest income includes income distributions received from Vanguard Municipal Cash Management Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.

B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. Vanguard does not require reimbursement in the current period for certain costs of

49

 

Municipal Money Market Fund

operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Assets and Liabilities.

Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At April 30, 2017, the fund had contributed to Vanguard capital in the amount of $1,162,000, representing 0.01% of the fund’s net assets and 0.46% of Vanguard’s capitalization. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.

Vanguard and the board of trustees have agreed to temporarily limit certain net operating expenses in excess of the fund’s daily yield in order to maintain a zero or positive yield for the fund. Vanguard and the board of trustees may terminate the temporary expense limitation at any time. The fund is not obligated to repay this amount to Vanguard. For the period ended April 30, 2017, the fund did not receive an expense reduction from Vanguard.

C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

Level 1—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 risk, etc.).

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments).

The fund’s investment in Vanguard Municipal Cash Management Fund is valued based on Level 1 inputs. All of the fund’s other investments were valued using amortized cost, in accordance with rules under the Investment Company Act of 1940. Amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active market, securities valued at amortized cost are considered to be valued using Level 2 inputs.

D. Capital gain distributions are determined on a tax basis and may differ from realized capital gains for financial reporting purposes. Differences may be permanent or temporary. Permanent differences are reclassified among capital accounts in the financial statements to reflect their tax character. Temporary differences arise when gains or losses are recognized in different periods for financial statement and tax purposes. These differences will reverse at some time in the future. The fund’s tax-basis capital gains and losses are determined only at the end of each fiscal year.

At April 30, 2017, the cost of investment securities for tax purposes was $16,858,000,000. Net unrealized appreciation of investment securities for tax purposes was $1,000, consisting entirely of unrealized gains on securities that had risen in value since their purchase.

E. The fund purchased securities from and sold securities to other Vanguard funds or accounts managed by Vanguard or its affiliates, in accordance with procedures adopted by the board of trustees in compliance with Rule 17a-7 of the Investment Company Act of 1940. For the six months ended April 30, 2017, such purchases and sales were $1,203,033,000 and $632,115,000, respectively.

F. Management has determined that no material events or transactions occurred subsequent to April 30, 2017, that would require recognition or disclosure in these financial statements.

50

 

About Your Fund’s Expenses

As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.

A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.

The accompanying table illustrates your fund’s costs in two ways:

• Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund‘s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.

To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading ”Expenses Paid During Period.“

• Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.

Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”

The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.

You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.

51

 

Six Months Ended April 30, 2017      
  Beginning Ending Expenses
  Account Value Account Value Paid During
Municipal Money Market Fund 10/31/2016 4/30/2017 Period
Based on Actual Fund Return $1,000.00 $1,002.91 $0.74
Based on Hypothetical 5% Yearly Return 1,000.00 1,024.05 0.75

 

The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratios for that period is 0.15%. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (181/365).

52

 

Trustees Approve Advisory Arrangement

The board of trustees of Vanguard Municipal Money Market Fund has renewed the fund’s investment advisory arrangement with The Vanguard Group, Inc. (Vanguard)—through its Fixed Income Group. The board determined that continuing the fund’s internalized management structure was in the best interests of the fund and its shareholders.

The board based its decision upon an evaluation of the advisor’s investment staff, portfolio management process, and performance. This evaluation included information provided to the board by Vanguard’s Portfolio Review Department, which is responsible for fund and advisor oversight and product management. The Portfolio Review Department met regularly with the advisor and made monthly presentations to the board during the fiscal year that directed the board’s focus to relevant information and topics.

The board, or an investment committee made up of board members, also received information throughout the year during advisor presentations. For each advisor presentation, the board was provided with letters and reports that included information about, among other things, the advisory firm and the advisor’s assessment of the investment environment, portfolio performance, and portfolio characteristics.

In addition, the board received monthly reports, which included a Market and Economic Report, a Fund Dashboard Monthly Summary, and a Fund Performance Report.

Prior to their meeting, the trustees were provided with a memo and materials that summarized the information they received over the course of the year. They also considered the factors discussed below, among others. However, no single factor determined whether the board approved the arrangements. Rather, it was the totality of the circumstances that drove the board’s decision.

Nature, extent, and quality of services

The board reviewed the quality of the investment management services provided to the fund over both the short and long term, and took into account the organizational depth and stability of the advisor. The board considered that Vanguard has been managing investments for more than three decades. The Fixed Income Group adheres to a sound, disciplined investment management process; the team has considerable experience, stability, and depth.

The board concluded that Vanguard’s experience, stability, depth, and performance, among other factors, warranted continuation of the advisory arrangement.

Investment performance

The board considered the short- and long-term performance of the fund, including any periods of outperformance or underperformance compared with a relevant benchmark index and peer group. The board concluded that the performance was such that the advisory arrangement should continue. Information about the fund’s most recent performance can be found in the Performance Summary section of this report.

Cost

The board concluded that the fund’s expense ratio was well below the average expense ratios charged by funds in its peer group and that the fund’s advisory expenses were also well below the peer-group average. Information about the fund’s expenses appears in the About Your Fund’s Expenses section of this report as well as in the Financial Statements section.

53

 

The board does not conduct a profitability analysis of Vanguard because of Vanguard’s unique “at-cost” structure. Unlike most other mutual fund management companies, Vanguard is owned by the funds it oversees and produces “profits” only in the form of reduced expenses for fund shareholders.

The benefit of economies of scale

The board concluded that the fund’s at-cost arrangement with Vanguard ensures that the fund will realize economies of scale as it grows, with the cost to shareholders declining as fund assets increase.

The board will consider whether to renew the advisory arrangement again after a one-year period.

54

 

Glossary

Average Weighted Maturity. The average length of time until fixed income securities held by a fund reach maturity and are repaid. The figure reflects the proportion of fund assets represented by each security.

Expense Ratio. A fund’s total annual operating expenses expressed as a percentage of the fund’s average net assets. The expense ratio includes management and administrative expenses, but does not include the transaction costs of buying and selling portfolio securities.

Inception Date. The date on which the assets of a fund (or one of its share classes) are first invested in accordance with the fund’s investment objective. For funds with a subscription period, the inception date is the day after that period ends. Investment performance is measured from the inception date.

Yield. A money market fund’s 7-day SEC yield is calculated by annualizing its income distributions for the previous seven days, as required by the U.S. Securities and Exchange Commission.

55

 

The People Who Govern Your Fund

The trustees of your mutual fund are there to see that the fund is operated and managed in your best interests since, as a shareholder, you are a part owner of the fund. Your fund’s trustees also serve on the board of directors of The Vanguard Group, Inc., which is owned by the Vanguard funds and provides services to them on an at-cost basis.

A majority of Vanguard’s board members are independent, meaning that they have no affiliation with Vanguard or the funds they oversee, apart from the sizable personal investments they have made as private individuals. The independent board members have distinguished backgrounds in business, academia, and public service. Each of the trustees and executive officers oversees 197 Vanguard funds.

The following table provides information for each trustee and executive officer of the fund. The mailing address of the trustees and officers is P.O. Box 876, Valley Forge, PA 19482. More information about the trustees is in the Statement of Additional Information, which can be obtained, without charge, by contacting Vanguard at 800-662-7447, or online at vanguard.com.

InterestedTrustee1

F. William McNabb III

Born 1957. Trustee Since July 2009. Chairman of the Board. Principal Occupation(s) During the Past Five Years and Other Experience: Chairman of the Board of The Vanguard Group, Inc., and of each of the investment companies served by The Vanguard Group, since January 2010; Director of The Vanguard Group since 2008; Chief Executive Officer and President of The Vanguard Group, and of each of the investment companies served by The Vanguard Group, since 2008; Director of Vanguard Marketing Corporation; Managing Director of The Vanguard Group (1995–2008).

IndependentTrustees

Emerson U. Fullwood

Born 1948. Trustee Since January 2008. Principal Occupation(s) During the Past Five Years and Other Experience: Executive Chief Staff and Marketing Officer for North America and Corporate Vice President (retired 2008) of Xerox Corporation (document management products and services); Executive in Residence and 2009–2010 Distinguished Minett Professor at the Rochester Institute of Technology; Lead Director of SPX FLOW, Inc. (multi-industry manufacturing); Director of the United Way of Rochester, the University of Rochester Medical Center, Monroe Community College Foundation, North Carolina A&T University, and Roberts Wesleyan College.

Rajiv L. Gupta

Born 1945. Trustee Since December 2001.2 Principal Occupation(s) During the Past Five Years and Other Experience: Chairman and Chief Executive Officer (retired 2009) and President (2006–2008) of Rohm and Haas Co. (chemicals); Director of Arconic Inc. (diversified manufacturer), HP Inc. (printer and personal computer manufacturing), and Delphi Automotive plc (automotive components); Senior Advisor at New Mountain Capital.

Amy Gutmann

Born 1949. Trustee Since June 2006. Principal Occupation(s) During the Past Five Years and Other Experience: President of the University of Pennsylvania; Christopher H. Browne Distinguished Professor of Political Science, School of Arts and Sciences, and Professor of Communication, Annenberg School for Communication, with secondary faculty appointments in the Department of Philosophy, School of Arts and Sciences, and at the Graduate School of Education, University of Pennsylvania; Trustee of the National Constitution Center; Chair of the Presidential Commission for the Study of Bioethical Issues.

JoAnn Heffernan Heisen

Born 1950. Trustee Since July 1998. Principal Occupation(s) During the Past Five Years and Other Experience: Corporate Vice President and Member of the Executive Committee (1997–2008), Chief Global Diversity Officer (retired 2008), Vice President and Chief Information Officer (1997–2005), Controller (1995–1997), Treasurer (1991–1995), and Assistant Treasurer (1989–1991) of Johnson & Johnson (pharmaceuticals/medical devices/consumer products); Director of Skytop Lodge Corporation (hotels) and the Robert Wood Johnson Foundation; Member of the Advisory Board of the Institute for Women’s Leadership at Rutgers University.

F. Joseph Loughrey

Born 1949. Trustee Since October 2009. Principal Occupation(s) During the Past Five Years and Other Experience: President and Chief Operating Officer (retired 2009) of Cummins Inc. (industrial machinery); Chairman of the Board of Hillenbrand, Inc. (specialized consumer services), Oxfam America, and the Lumina Foundation for Education; Director of SKF AB (industrial machinery), Hyster-Yale Materials Handling, Inc. (forklift trucks), and the V Foundation for Cancer Research; Member of the Advisory Council for the College of Arts and Letters and Chair of the Advisory

 

Board to the Kellogg Institute for International Studies, both at the University of Notre Dame.

Mark Loughridge

Born 1953. Trustee Since March 2012. Principal Occupation(s) During the Past Five Years and Other Experience: Senior Vice President and Chief Financial Officer (retired 2013) at IBM (information technology services); Fiduciary Member of IBM’s Retirement Plan Committee (2004–2013); Director of the Dow Chemical Company; Member of the Council on Chicago Booth.

Scott C. Malpass

Born 1962. Trustee Since March 2012. Principal Occupation(s) During the Past Five Years and Other Experience: Chief Investment Officer and Vice President at the University of Notre Dame; Assistant Professor of Finance at the Mendoza College of Business at Notre Dame; Member of the Notre Dame 403(b) Investment Committee, the Board of Advisors for Spruceview Capital Partners, and the Investment Advisory Committee of Major League Baseball; Board Member of TIFF Advisory Services, Inc., and Catholic Investment Services, Inc. (investment advisors); Member of the Board of Superintendence of the Institute for the Works of Religion.

André F. Perold

Born 1952. Trustee Since December 2004. Principal Occupation(s) During the Past Five Years and Other Experience: George Gund Professor of Finance and Banking, Emeritus at the Harvard Business School (retired 2011); Chief Investment Officer and Co-Managing Partner of HighVista Strategies LLC (private investment firm); Overseer of the Museum of Fine Arts Boston.

Peter F. Volanakis

Born 1955. Trustee Since July 2009. Principal Occupation(s) During the Past Five Years and Other Experience: President and Chief Operating Officer (retired 2010) of Corning Incorporated (communications equipment); Chairman of the Board of Trustees of Colby-Sawyer College; Member of the Board of Hypertherm, Inc. (industrial cutting systems, software, and consumables).

Executive Officers

Glenn Booraem

Born 1967. Investment Stewardship Officer Since February 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Treasurer (2015–2017), Controller (2010–2015), and Assistant Controller (2001–2010) of each of the investment companies served by The Vanguard Group.

Thomas J. Higgins

Born 1957. Chief Financial Officer Since September 2008. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Chief Financial Officer of each of the investment companies served by The Vanguard Group; Treasurer of each of the investment companies served by The Vanguard Group (1998–2008).

Peter Mahoney

Born 1974. Controller Since May 2015. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Controller of each of the investment companies served by The Vanguard Group; Head of International Fund Services at The Vanguard Group (2008–2014).

Anne E. Robinson

Born 1970. Secretary Since September 2016. Principal Occupation(s) During the Past Five Years and Other Experience: Managing Director of The Vanguard Group, Inc.; General Counsel of The Vanguard Group; Secretary of The Vanguard Group and of each of the investment companies served by The Vanguard Group; Director and Senior Vice President of Vanguard Marketing Corporation; Managing Director and General Counsel of Global Cards and Consumer Services at Citigroup (2014–2016); Counsel at American Express (2003–2014).

Michael Rollings

Born 1963. Treasurer Since February 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Managing Director of The Vanguard Group, Inc.; Treasurer of each of the investment companies served by The Vanguard Group; Executive Vice President and Chief Financial Officer of MassMutual Financial Group (2006–2016).

Vanguard Senior Management Team

Mortimer J. Buckley

John James

Martha G. King

John T. Marcante

Chris D. McIsaac

James M. Norris

Thomas M. Rampulla

Glenn W. Reed

Karin A. Risi

 

Chairman Emeritus and Senior Advisor John J. Brennan

Chairman, 1996–2009

Chief Executive Officer and President, 1996–2008

Founder John C. Bogle

Chairman and Chief Executive Officer, 1974–1996

1 Mr. McNabb is considered an “interested person,” as defined in the Investment Company Act of 1940, because he is an officer of the Vanguard funds.

2 December 2002 for Vanguard Equity Income Fund, the Vanguard Municipal Bond Funds, and the Vanguard State Tax-Exempt Funds.

 

  P.O. Box 2600
  Valley Forge, PA 19482-2600
 
 
 
Connect with Vanguard® >  vanguard.com  
 
 
 
Fund Information > 800-662-7447 CFA® is a registered trademark owned by CFA Institute.
Direct Investor Account Services > 800-662-2739  
Institutional Investor Services > 800-523-1036  
Text Telephone for People  
Who Are Deaf or Hard of Hearing> 800-749-7273  
 
This material may be used in conjunction  
with the offering of shares of any Vanguard  
fund only if preceded or accompanied by  
the fund’s current prospectus.  
 
All comparative mutual fund data are from Lipper, a  
Thomson Reuters Company, or Morningstar, Inc., unless  
otherwise noted.  
 
You can obtain a free copy of Vanguard’s proxy voting  
guidelines by visiting vanguard.com/proxyreporting or by  
calling Vanguard at 800-662-2739. The guidelines are  
also available from the SEC’s website, sec.gov. In  
addition, you may obtain a free report on how your fund  
voted the proxies for securities it owned during the 12  
months ended June 30. To get the report, visit either  
vanguard.com/proxyreporting or sec.gov.  
 
You can review and copy information about your fund at  
the SEC’s Public Reference Room in Washington, D.C. To  
find out more about this public service, call the SEC at  
202-551-8090. Information about your fund is also  
available on the SEC’s website, and you can receive  
copies of this information, for a fee, by sending a  
request in either of two ways: via email addressed to  
publicinfo@sec.gov or via regular mail addressed to the  
Public Reference Section, Securities and Exchange  
Commission, Washington, DC 20549-1520.  
 
  © 2017 The Vanguard Group, Inc.
  All rights reserved.
  Vanguard Marketing Corporation, Distributor.
 
  Q452 062017

 

 



Semiannual Report | April 30, 2017

Vanguard Municipal Bond Funds

Vanguard Short-Term Tax-Exempt Fund

Vanguard Limited-Term Tax-Exempt Fund

Vanguard Intermediate-Term Tax-Exempt Fund

Vanguard Long-Term Tax-Exempt Fund

Vanguard High-Yield Tax-Exempt Fund

 

A new format, unwavering commitment

As you begin reading this report, you’ll notice that we’ve made some improvements to the opening sections—based on feedback from you, our clients.

Page 1 starts with a new “Your Fund’s Performance at a Glance,” a concise, handy summary of how your fund performed during the period.

In the renamed “Chairman’s Perspective,” Bill McNabb will focus on enduring principles and investment insights.

We’ve modified some tables, and eliminated some redundancy, but we haven’t removed any information.

At Vanguard, we’re always looking for better ways to communicate and to help you make sound investment decisions. Thank you for entrusting your assets to us.

Contents  
 
Your Fund’s Performance at a Glance 1
Chairman’s Perspective 3
Advisor’s Report 5
Short-Term Tax-Exempt Fund 7
Limited-Term Tax-Exempt Fund 50
Intermediate-Term Tax-Exempt Fund 123
Long-Term Tax-Exempt Fund 232
High-Yield Tax-Exempt Fund 266
About Your Fund’s Expenses 306
Trustees Approve Advisory Arrangements 308
Glossary 309

 

Please note: The opinions expressed in this report are just that—informed opinions. They should not be considered promises or advice. Also, please keep in mind that the information and opinions cover the period through the date on the front of this report. Of course, the risks of investing in your fund are spelled out in the prospectus.

See the Glossary for definitions of investment terms used in this report.

About the cover: No matter what language you speak, Vanguard has one consistent message and set of principles. Our primary focus is on you, our clients. We conduct our business with integrity as a faithful steward of your assets. This message is shown translated into seven languages, reflecting our expanding global presence.

 

Your Fund’s Performance at a Glance

• For the six months ended April 30, 2017, the returns for the five tax-exempt bond funds discussed in this report ranged from close to half a percentage point for Vanguard Short-Term Tax-Exempt Fund to roughly –1% for Vanguard High-Yield Tax-Exempt Fund. All five funds lagged their benchmark indexes. The High-Yield Fund lagged its peer group, but the four other funds outpaced theirs.

• Municipal bond prices slumped in the wake of the U.S. presidential election but have gained back some ground since then.

• With longer-dated and lower-quality investment-grade bonds suffering the biggest price declines for the period, the funds’ tilt toward those securities contributed to their relative underperformance.

• While security selection helped the funds in some segments, it detracted in others, including general obligation and hospital municipal bonds.

• Tactical shifts during the period in response to shorter-term market conditions helped performance.

Total Returns: Six Months Ended April 30, 2017        
  30-Day Taxable-      
  SEC Equivalent Income Capital Total
  Yield Yield1 Returns Returns Returns
Vanguard Short-Term Tax-Exempt Fund          
Investor Shares 0.99% 1.75% 0.48% -0.06% 0.42%
Admiral ™ Shares2 1.09 1.93 0.53 -0.06 0.47
Bloomberg Barclays 1 Year Municipal Bond Index       0.61
1–2 Year Municipal Funds Average3         0.19
 
Vanguard Limited-Term Tax-Exempt Fund          
Investor Shares 1.28% 2.26% 0.76% -0.64% 0.12%
Admiral Shares 2 1.38 2.44 0.81 -0.64 0.17
Bloomberg Barclays 1–5 Year Municipal Bond Index       0.50
1–5 Year Municipal Funds Average3         0.01
 
Vanguard Intermediate-Term Tax-Exempt Fund          
Investor Shares 1.91% 3.37% 1.36% -1.75% -0.39%
Admiral Shares 2 2.01 3.55 1.41 -1.75 -0.34
Bloomberg Barclays 1–15 Year Municipal Bond Index       -0.06
Intermediate Municipal Funds Average3         -0.61
 
Vanguard Long-Term Tax-Exempt Fund          
Investor Shares 2.55% 4.51% 1.73% -2.55% -0.82%
Admiral Shares 2 2.65 4.68 1.78 -2.55 -0.77
Bloomberg Barclays Municipal Bond Index         -0.34
General & Insured Municipal Debt Funds Average3       -0.84
 
Vanguard High-Yield Tax-Exempt Fund          
Investor Shares 3.08% 5.44% 1.85% -2.79% -0.94%
Admiral Shares 2 3.17 5.60 1.90 -2.79 -0.89
Bloomberg Barclays Municipal Bond Index         -0.34
General & Insured Municipal Debt Funds Average3       -0.84

 

1 This calculation, which assumes a typical itemized tax return, is based on the maximum federal income tax rate of 43.4%. State and local taxes were not considered. Please see the prospectus for a detailed explanation of the calculation.

2 Admiral Shares carry lower expenses and are available to investors who meet certain account-balance requirements.

3 Derived from data provided by Lipper, a Thomson Reuters Company.

1

 

Expense Ratios1      
Your Fund Compared With Its Peer Group      
 
  Investor Admiral Peer Group
  Shares Shares Average2
Short-Term Tax-Exempt Fund 0.19% 0.09% 0.60%
Limited-Term Tax-Exempt Fund 0.19 0.09 0.68
Intermediate-Term Tax-Exempt Fund 0.19 0.09 0.79
Long-Term Tax-Exempt Fund 0.19 0.09 0.91
High-Yield Tax-Exempt Fund 0.19 0.09 0.91

 

1 The fund expense ratios shown are from the prospectus dated February 23, 2017, and represent estimated costs for the current fiscal year. For the six months ended April 30, 2017, the funds’ annualized expense ratios were: for the Short-Term Tax-Exempt Fund, 0.19% for Investor Shares and 0.09% for Admiral Shares; for the Limited-Term Tax-Exempt Fund, 0.19% for Investor Shares and 0.09% for Admiral Shares; for the Intermediate-Term Tax-Exempt Fund, 0.19% for Investor Shares and 0.09% for Admiral Shares; for the Long-Term Tax-Exempt Fund, 0.19% for Investor Shares and 0.09% for Admiral Shares; and for the High-Yield Tax-Exempt Fund, 0.19% for Investor Shares and 0.09% for Admiral Shares.

2 Peer groups are: for the Short-Term Tax-Exempt Fund, 1–2 Year Municipal Funds; for the Limited-Term Tax-Exempt Fund, 1–5 Year Municipal Funds; for the Intermediate-Term Tax-Exempt Fund, Intermediate Municipal Funds; for the Long-Term Tax-Exempt Fund and High-Yield Tax-Exempt Fund, General & Insured Municipal Debt Funds. Peer-group values are derived from data provided by Lipper, a Thomson Reuters Company, and capture information through year-end 2016.

2

 

Chairman’s Perspective

Bill McNabb
Chairman and Chief Executive Officer

Dear Shareholder,

“Buy what you know.”

It’s one of the adages of investing, and it has plenty of intuitive appeal. After all, the familiar seems inherently less risky. It’s no wonder that many investors heavily tilt their portfolios toward the stocks and bonds of their home country. This is known in investing parlance as “home bias.”

U.S. investors sometimes think they can get all the global diversification they need by owning shares of U.S.-based multinational companies. And that may seem like the best of both worlds: international diversification without ever leaving the friendly confines of home.

The potential pitfall is that, as Vanguard research has suggested, the performance of a company’s shares tends to be highly correlated to its domestic market, regardless of where that company conducts most of its business.

Americans aren’t alone in being portfolio homebodies. Vanguard has found that in a range of developed countries—Australia, Canada, Japan, and the United Kingdom, as well as the United States—investors held a greater percentage of domestic stocks than would be indicated if they had taken their cues from a globally diversified, market-weighted benchmark. (You can see this tendency in the chart later in this letter.)

Why home bias exists

Vanguard’s Investment Strategy Group identified a range of reasons why investors might not embrace global diversification, including concerns about currency risk and an expectation that their home country will deliver outsized returns.

One factor we identified—preference for the familiar—seems particularly relevant. With so much global uncertainty about geopolitics, monetary policy, and the economic outlook, it’s understandable why investors may not want to stray too far from home.

Market Barometer      
      Total Returns
    Periods Ended April 30, 2017
  Six One Five Years
  Months Year (Annualized)
Stocks      
Russell 1000 Index (Large-caps) 13.46% 18.03% 13.63%
Russell 2000 Index (Small-caps) 18.37 25.63 12.95
Russell 3000 Index (Broad U.S. market) 13.83 18.58 13.57
FTSE All-World ex US Index (International) 10.55 12.98 5.60
 
Bonds      
Bloomberg Barclays U.S. Aggregate Bond Index      
(Broad taxable market) -0.67% 0.83% 2.27%
Bloomberg Barclays Municipal Bond Index      
(Broad tax-exempt market) -0.34 0.14 3.16
Citigroup Three-Month U.S. Treasury Bill Index 0.23 0.37 0.11
 
CPI      
Consumer Price Index 1.16% 2.20% 1.22%

 

3

 

But in their aversion to the unknown, investors can end up increasing, rather than lessening, their risks. That’s because they’re sacrificing broad global diversification—one of the best ways I know of to help control risk.

In many cases, individual country markets are much less diversified than the global market in total. Global investing, then, can be an answer for investors who want to reduce concentration risk. That can include overconcentration in a particular country, region, or industry.

And the good news is that global investing is easier than ever, thanks to the wide availability of low-cost, internationally diversified stock and bond funds. It’s possible, in a sense, to own the whole world with just a couple of funds.

Expanding our opportunities

A key to overcoming home bias is reframing the way we look at investing outside our home countries. Take, for example, automakers or pharmaceutical

companies. There are well-regarded firms in both industries located throughout the world. Over the next five years, nobody can know for sure whether a Japanese or U.S. or European company will produce a popular new sedan that outsells the competition or come up with new treatments to combat illness. So why not own them all? And that includes their bonds along with their stocks.

Full global diversification also allows you to capitalize on opportunities in both developed and emerging economies. Betting on which individual country—let alone company—will be the next market darling can be a fool’s errand.

A better choice can be to harness the potential of all markets. In my personal investment account, I have an emerging markets position that complements my developed-market holdings. Not only can global diversification help control risk, but it can also expand our set of opportunities among stocks and bonds.

Home bias shows investors across the world are fixated on the familiar

Investors often own a greater share of their home country’s stocks than would be indicated by the allocations of a globally diversified, market-capitalization-weighted index fund.


Global index weight
Investor holdings in domestic equities

Notes: Data as of December 31, 2014 (the latest available from the International Monetary Fund, or IMF), in U.S. dollars. Domestic investment is calculated by subtracting total foreign investment (as reported by the IMF) in a given country from its market capitalization in the MSCI All Country World Index. Given that the IMF data are voluntary, there may be some discrepancies between the market values in the survey and the MSCI ACWI.

Sources: Vanguard, based on data from the IMF’s Coordinated Portfolio Investment Survey (2014), Bloomberg, Thomson Reuters Datastream, and FactSet.

Ultimately, I believe we have the best chance for investment success by giving ourselves more opportunities, not fewer. Own the whole haystack and you never have to worry about finding the needle.

Thank you for entrusting your assets to Vanguard.


F. William McNabb III

Chairman and Chief Executive Officer

May 12, 2017

4

 

Advisor’s Report

For the six months ended April 30, 2017, Vanguard’s five national tax-exempt bond funds posted returns that ranged from 0.47% for the Admiral Shares of Vanguard Short-Term Tax-Exempt Fund to –0.94% for the Investor Shares of Vanguard High-Yield Tax-Exempt Fund. All of the funds underperformed their benchmark indexes; all but the High-Yield Fund outperformed their peer groups.

Municipal bond yields increased across the board for the six months. The Short-Term Fund’s 30-day SEC yield rose about 10 basis points to roughly 1%. (A basis point is one-hundredth of a percentage point.) The other funds saw even sharper increases. The High-Yield Fund’s 30-day SEC yield, for example, climbed about 60 basis points to above 3%.

Please note that the funds are permitted to invest in securities that would generate income distributions subject to the alternative minimum tax (AMT). During the fiscal half year, only the High-Yield Fund owned such securities.

The investment environment

During the period, the Federal Reserve increased interest rates twice; the second move, in March, put the federal funds rate at 0.75%–1.00% and marked just the third time the Fed has raised rates since the financial crisis.

The Fed’s decisions signaled a normalization of monetary policy and came as the U.S. economy posted mostly positive results. Fourth-quarter economic growth was in line with estimates. But GDP growth was lackluster in the first quarter

of 2017, largely because of a drop-off in consumer spending. The housing and manufacturing sectors reported decent activity during the fiscal half year, and in April unemployment hit 4.4%, its lowest level since 2007. Wages ticked up and some commodities, including oil, posted price increases, helping inflation inch closer to the Fed’s 2% target. Given that backdrop, the Fed signaled that further hikes could be in the offing.

The Fed’s positive assessment of future economic expansion carried over to the U.S. stock market, where several indexes hit all-time highs during the period. Strong corporate earnings played a part in the rally, along with the resilient economy. The prospect of tax reform, increased infrastructure spending, and greater deregulation also contributed to a shift toward riskier assets, although that sentiment tapered off toward the end of the period as investors realized that the new administration’s legislative agenda might take time to materialize.

The more optimistic outlook sapped overall demand for fixed income securities, causing their yields to increase. Over the six months, the yield of the 10-year U.S. Treasury note increased 45 basis points to 2.28%, and the 30-year yield rose 37 basis points to 2.95%.

Municipal bond supply was down modestly from the same period last year, largely because of a decline in refunding issuance as interest rates climbed higher. Municipal bond fund cash flows turned negative in the wake of the U.S. elections but reversed

Yields of Municipal Securities    
(AAA-Rated General Obligation Issues)    
  October 31, April 30,
Maturity 2016 2017
2 years 0.85% 0.99%
5 years 1.14 1.43
10 years 1.74 2.18
30 years 2.56 3.05
Source: Vanguard.    

 

somewhat as the period was coming to a close. Short- and medium-term muni bonds outperformed Treasuries during the period.

Some notable pockets of credit weakness persisted without spilling over into the broader municipal market. They included Chicago, the State of Illinois, and Puerto Rico. The commonwealth, which first defaulted on debt in 2015, declared a form of bankruptcy just after the close of the fund’s fiscal half year. That development did not come as a surprise given Puerto Rico’s longstanding credit challenges, which include a large debt load, an unbalanced budget, and a struggling economy.

Management of the funds

The funds were modestly overweighted in securities toward the long end of the yield curve. That stance detracted from relative performance, as longer-dated bonds saw sharper price declines over the period than their shorter-dated counterparts. We have since moved to a more neutral stance.

The municipal market offers more opportunities to add value through security selection than many taxable markets do. Over the period, selection in a number of segments added value, but there were disappointments as well; local general obligation bonds, for example, detracted in several of the funds. We nevertheless feel confident that our security selection will deliver value over a longer time frame.

While the difference in return by credit quality was fairly muted this time around, our tilt toward bonds rated A and BBB, which are at the lower end of the investment-grade spectrum, worked against the funds over the six months as higher-quality munis held up better.

The average durations for the Intermediate-Term, Long-Term, and High-Yield Funds tended to be a little longer than those of their benchmarks; as rates rose sharply in late 2016, that stance dampened performance. (Duration, expressed in years, is a measure of a fund’s sensitivity to changes in interest rates.)

5

 

A very small percentage of the Intermediate-Term, Long-Term, and High-Yield Funds’ assets were invested in Puerto Rico bonds. In all but the High-Yield Fund, that debt as of April 30 was represented either by bonds insured by third-party insurers or by prerefunded bonds, which are backed by high-quality assets in escrow until maturity. The Short-Term and Limited-Term Funds had no exposure to Puerto Rico.

The outlook

Absent an unexpected external shock, the U.S. economy looks set to continue its steady growth, with real GDP likely to be around 2% in 2017, or maybe closer to 2.5% if the implementation of the administration’s agenda actually has a positive effect on the economy. While job growth may slow given the tightening we’ve seen in the labor market, competition for labor could push up the pace of annual wage increases. That should provide some support to inflation in the short term, but not so much as to make it significantly overshoot the central bank’s 2% target.

We’re encouraged by the Fed’s decision to continue the process of normalizing rates, which have been near zero since

2009. By year-end, the federal funds rate could increase to 1.25%–1.5% and we might see the Fed begin to reduce its balance sheet; in any case, we think the Fed will maintain its gradual and “dovish” policy approach given the structural anti-inflationary forces still at work in the global economy.

If growth and inflation remain modest, the cost of borrowing shouldn’t get out of hand, especially if yields in the United States remain attractive compared with those of other developed economies. International demand should help cap how high U.S. bond yields can rise.

Although the pro-business, pro-growth agenda of the new administration could give the economy a boost, it remains to be seen what will get passed into law and what the financial markets’ reaction will be. Needless to say, we will be closely monitoring developments that could cloud the outlook for munis, such as changes to the marginal tax rates for individuals and corporations, a cap on the level of tax exemption for munis, and increased muni issuance if infrastructure spending ramps up significantly.

Although we may see more volatility in 2017, we would expect munis to continue to offer relative stability and a steady stream of income. And whatever the markets may bring, our experienced team of portfolio managers, traders, and credit analysts will continue to seek opportunities to produce competitive returns.

Christopher W. Alwine, CFA, Principal, Head of Municipal Group James M. D’Arcy, CFA, Portfolio Manager Adam M. Ferguson, CFA, Portfolio Manager Mathew M. Kiselak, Principal, Portfolio Manager Justin A. Schwartz, CFA, Portfolio Manager, Head of Municipal Money Market Funds Vanguard Fixed Income Group May 18, 2017

6

 

Short-Term Tax-Exempt Fund

Fund Profile
As of April 30, 2017

Share-Class Characteristics    
    Investor Admiral
    Shares Shares
Ticker Symbol   VWSTX VWSUX
Expense Ratio1   0.19% 0.09%
30-Day SEC Yield   0.99% 1.09%
 
 
Financial Attributes    
    Bloomberg  
    Barclays Bloomberg
    1 Year Barclays
    Municipal Municipal
    Bond Bond
  Fund Index Index
Number of Bonds 2,021 4,508 50,560
Yield to Maturity      
(before expenses) 1.6% 1.1% 2.4%
Average Coupon 3.0% 4.9% 4.8%
Average Duration 1.1 years 1.3 years 6.4 years
Average Stated      
Maturity 1.3 years 1.4 years 12.9 years
Short-Term Reserves 20.7% — —

 

Largest Area Concentrations2  
 
New York   15.7%
Texas   12.2
California   8.7
Maryland   5.4
Pennsylvania   4.9
Florida   4.1
Illinois   3.9
Massachusetts   3.8
New Jersey   3.2
Georgia   2.9
Top Ten   64.8%
 
 
Volatility Measures    
  Bloomberg  
  Barclays Bloomberg
  1 Year Barclays
  Municipal Municipal
  Bond Index Bond Index
R-Squared 0.85 0.58
Beta 0.90 0.12

These measures show the degree and timing of the fund’s fluctuations compared with the indexes over 36 months.

Distribution by Stated Maturity (% of portfolio)

 

 

Under 6 Months 43.6%
6 Months–1 Year 5.8
1–2 Years 19.6
2–3 Years 17.4
3–4 Years 10.6
4–5 Years 2.5
Over 5 Years 0.5

 

Distribution by Credit Quality (% of portfolio)

AAA 27.5%
AA 53.8
A 11.7
BBB 4.7
BB 0.1
B or Lower 0.2
Not Rated 2.0

 

Credit-quality ratings are obtained from Moody’s and S&P, and the higher rating for each issue is shown. “Not Rated” is used to classify securities for which a rating is not available. Not rated securities include a fund’s investment in Vanguard Market Liquidity Fund or Vanguard Municipal Cash Management Fund, each of which invests in high-quality money market instruments and may serve as a cash management vehicle for the Vanguard funds, trusts, and accounts. For more information about these ratings, see the Glossary entry for Credit Quality.

Investment Focus

 

 

 

 

 

 

 

1 The expense ratios shown are from the prospectus dated February 23, 2017, and represent estimated costs for the current fiscal year. For the six months ended April 30, 2017, the annualized expense ratios were 0.19% for Investor Shares and 0.09% for Admiral Shares.

2 Percentage of net assets, excluding any futures contracts.

7

 

Short-Term Tax-Exempt Fund

Performance Summary

All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.

Fiscal-Year Total Returns (%): October 31, 2006–April 30, 2017      
        Bloomberg
        Barclays
        1 Year
        Municipal
      Investor Shares Bond Index
  Income Capital Total Total
Fiscal Year Returns Returns Returns Returns
2007 3.44% 0.26% 3.70% 3.82%
2008 3.30 0.38 3.68 4.22
2009 2.31 1.28 3.59 4.40
2010 1.38 0.44 1.82 1.81
2011 1.23 -0.31 0.92 1.18
2012 1.08 0.19 1.27 1.01
2013 0.89 -0.38 0.51 0.74
2014 0.72 -0.06 0.66 0.72
2015 0.70 -0.19 0.51 0.76
2016 0.83 -0.19 0.64 0.40
20171 0.48 -0.06 0.42 0.61

 

Average Annual Total Returns: Periods Ended March 31, 2017

This table presents returns through the latest calendar quarter—rather than through the end of the fiscal period.

Securities and Exchange Commission rules require that we provide this information.

            Ten Years
  Inception Date One Year Five Years Income Capital Total
Investor Shares 9/1/1977 0.61% 0.63% 1.48% 0.12% 1.60%
Admiral Shares 2/12/2001 0.71 0.72 1.57 0.12 1.69

 

1 Six months ended April 30, 2017.
See Financial Highlights for dividend and capital gains information.

8

 

Short-Term Tax-Exempt Fund

Financial Statements (unaudited)

Statement of Net Assets
As of April 30, 2017

The fund reports a complete list of its holdings in regulatory filings four times in each fiscal year, at the quarter-ends. For the second and fourth fiscal quarters, the lists appear in the fund’s semiannual and annual reports to shareholders. For the first and third fiscal quarters, the fund files the lists with the Securities and Exchange Commission on Form N-Q. Shareholders can look up the fund’s Forms N-Q on the SEC’s website at sec.gov. Forms N-Q may also be reviewed and copied at the SEC’s Public Reference Room (see the back cover of this report for further information).

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Tax-Exempt Municipal Bonds (98.4%)        
Alabama (0.9%)        
Chatom AL Industrial Development Board Gulf Opportunity Zone Revenue        
(Power South Energy Cooperative Projects) PUT 0.950% 5/15/17 24,940 24,939
Chatom AL Industrial Development Board Gulf Opportunity Zone Revenue        
(Power South Energy Cooperative Projects) PUT 1.000% 6/1/17 9,200 9,200
Chatom AL Industrial Development Board Gulf Opportunity Zone Revenue        
(Power South Energy Cooperative Projects) PUT 1.050% 8/1/17 12,100 12,100
Jefferson County AL Sewer Revenue 5.000% 10/1/17 1,625 1,645
Jefferson County AL Sewer Revenue 5.000% 10/1/18 1,500 1,550
Mobile AL Industrial Development Board Pollution Control Revenue (Alabama Power Co.) PUT 1.625% 10/2/18 10,000 10,037
Mobile County AL Board of School Commissioners GO 5.000% 3/1/19 850 910
Mobile County AL Board of School Commissioners GO 5.000% 3/1/20 1,275 1,404
Tuscaloosa County AL Industrial Development Authority Gulf Opportunity Zone Revenue        
(Hunt Refining Project) VRDO 0.920% 5/5/17 LOC 45,000 45,000
Tuscaloosa County AL Industrial Development Authority Gulf Opportunity Zone Revenue        
(Hunt Refining Project) VRDO 0.920% 5/5/17 LOC 26,000 26,000
        132,785
Alaska (0.3%)        
Alaska Industrial Development & Export Authority Revenue        
(Greater Fairbanks Community Hospital Foundation Inc.) VRDO 0.900% 5/5/17 LOC 4,850 4,850
Alaska Railroad Corp. Capital Grant Receipt Revenue 5.000% 8/1/19 7,505 8,073
Alaska Railroad Corp. Capital Grant Receipt Revenue 5.000% 8/1/20 6,900 7,589
Matanuska-Susitna Borough AK GO 5.000% 3/1/18 3,775 3,902
North Slope Borough AK GO 4.000% 6/30/17 9,000 9,049
North Slope Borough AK GO 4.000% 6/30/18 1,200 1,240
North Slope Borough AK GO 4.000% 6/30/18 5,340 5,519
        40,222
Arizona (1.1%)        
Arizona Board Regents University of Arizona System Revenue 4.000% 6/1/18 1,000 1,033
Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) 5.000% 2/1/18 1,000 1,029
Arizona Health Facilities Authority Revenue (Banner Health) 5.000% 1/1/18 (Prere.) 15,000 15,418
1 Arizona Health Facilities Authority Revenue (Banner Health) TOB VRDO 0.990% 5/5/17 (Prere.) 5,000 5,000
Arizona Health Facilities Authority Revenue (Banner Health) VRDO 0.900% 5/5/17 LOC 22,730 22,730
Arizona Health Facilities Authority Revenue (Banner Health) VRDO 0.930% 5/5/17 LOC 2,650 2,650
Arizona Health Facilities Authority Revenue (Catholic Healthcare West) VRDO 0.920% 5/5/17 LOC 4,525 4,525
2 Arizona Health Facilities Authority Revenue (Phoenix Children’s Hospital) PUT 2.750% 2/5/20 12,500 12,686
Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) 5.000% 12/1/17 750 767
Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) 5.000% 12/1/18 500 529
Arizona School Facilities Board COP 5.000% 9/1/17 1,800 1,825
Arizona School Facilities Board COP 5.000% 9/1/18 1,500 1,578
Arizona School Facilities Board COP 5.000% 9/1/19 7,500 8,151
Arizona Transportation Board Excise Tax Revenue 5.000% 7/1/20 2,000 2,236
Arizona Transportation Board Excise Tax Revenue (Maricopa County Regional Area) 5.000% 7/1/18 1,050 1,100
Arizona Transportation Board Highway Revenue 5.000% 7/1/18 4,500 4,715
Glendale AZ GO 4.000% 7/1/19 (4) 1,600 1,686
Glendale AZ GO 4.000% 7/1/20 (4) 2,920 3,125
Goodyear AZ Public Improvement Corp. Municipal Facilities Revenue 5.000% 7/1/17 1,400 1,410
Maricopa County AZ COP 5.000% 7/1/17 15,000 15,109
Maricopa County AZ COP 5.000% 7/1/18 10,000 10,471
Maricopa County AZ Industrial Development Authority Health Facilities Revenue        
(Banner Health Obligated Group) 4.000% 1/1/19 3,000 3,143
Maricopa County AZ Unified School District No. 4 (Mesa) GO 4.000% 7/1/19 3,750 3,983
Phoenix AZ Civic Improvement Corp. Excise Tax Revenue 5.000% 7/1/17 4,250 4,281
Phoenix AZ Civic Improvement Corp. Excise Tax Revenue 4.000% 7/1/18 2,690 2,785
Phoenix AZ GO 4.000% 7/1/20 10,095 10,973
Pima County AZ Sewer Revenue 4.000% 7/1/17 2,000 2,011
Pima County AZ Tucson Unified School District No. 1 GO 4.000% 7/1/19 (15) 1,355 1,436

 

9

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Tempe AZ Excise Tax Revenue 5.000% 7/1/19 2,000 2,169
Tucson AZ Water System Revenue 5.000% 7/1/19 2,050 2,220
Yavapai County AZ Industrial Development Authority Solid Waste Disposal Revenue        
(Republic Services Inc.) PUT 1.050% 6/1/17 9,250 9,250
Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Center) 5.000% 8/1/19 1,000 1,077
        161,101
Arkansas (0.1%)        
Arkansas Development Finance Authority Hospital Revenue        
(Washington Regional Medical Center) 3.000% 2/1/18 1,000 1,014
Arkansas Federal Highway Grant Anticipation & Tax Revenue GO 5.000% 10/1/17 7,155 7,281
Baxter County AR Hospital Revenue 5.000% 9/1/18 1,000 1,047
Baxter County AR Hospital Revenue 5.000% 9/1/19 1,440 1,552
Little Rock AR Sewer Revenue 5.000% 10/1/17 (Prere.) 7,500 7,631
        18,525
California (8.7%)        
1 Bakersfield CA Wastewater Revenue TOB VRDO 1.120% 5/5/17 (Prere.) 6,645 6,645
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.500% 4/2/18 62,400 62,547
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.875% 4/1/19 13,025 13,167
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.875% 4/1/20 7,500 7,576
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 2.100% 4/1/22 7,200 7,301
Brea CA Redevelopment Agency Successor Agency Tax Allocation Revenue        
(Redevelopment Project AB) 5.000% 8/1/17 1,150 1,162
California County CA Tobacco Securitization Agency Revenue 4.000% 6/1/17 575 576
California County CA Tobacco Securitization Agency Revenue 4.000% 6/1/18 1,000 1,027
2 California Department of Water Resources Water System Revenue (Central Valley Project) PUT 1.520% 9/1/17 60,175 60,174
2 California Department of Water Resources Water System Revenue (Central Valley Project) PUT 1.200% 12/1/17 32,490 32,485
1 California Educational Facilities Authority Revenue (University of Southern California) TOB VRDO 0.930% 5/5/17 6,310 6,310
2 California GO 1.650% 5/1/17 100 100
California GO 5.000% 9/1/17 4,250 4,310
California GO 5.000% 10/1/17 35,000 35,617
California GO 5.000% 4/1/18 10,385 10,778
California GO 5.000% 2/1/19 825 883
California GO 5.500% 4/1/19 17,830 19,354
California GO 5.000% 9/1/19 29,690 32,400
California GO 5.000% 9/1/19 38,795 42,336
California GO 5.000% 9/1/19 9,005 9,827
California GO 5.000% 9/1/19 5,000 5,456
California GO 5.000% 10/1/19 5,000 5,471
California GO 5.000% 8/1/20 45,000 50,445
California GO 5.000% 9/1/20 10,000 11,236
California GO 5.000% 9/1/20 5,500 6,180
California GO 5.000% 9/1/20 14,105 15,849
California GO 5.250% 10/1/20 2,000 2,199
California GO 5.000% 8/1/21 14,000 16,097
2 California GO PUT 1.388% 12/1/17 14,250 14,268
California GO PUT 4.000% 12/1/17 13,350 13,389
2 California GO PUT 1.350% 5/1/18 29,500 29,538
2 California GO PUT 1.518% 12/3/18 8,100 8,115
California GO PUT 3.000% 12/1/19 28,825 29,855
2 California GO PUT 1.448% 12/1/21 2,750 2,775
1 California GO TOB VRDO 0.910% 5/5/17 15,925 15,925
1 California GO TOB VRDO 0.980% 5/5/17 33,860 33,860
1 California GO TOB VRDO 1.030% 5/5/17 (4) LOC 14,940 14,940
1 California GO TOB VRDO 1.030% 5/5/17 (4) LOC 16,730 16,730
2 California Health Facilities Financing Authority Revenue (Children’s Hospital of Los Angeles) PUT 2.700% 7/1/17 8,825 8,837
California Health Facilities Financing Authority Revenue (El Camino Hospital) 5.000% 2/1/20 600 659
California Health Facilities Financing Authority Revenue (El Camino Hospital) 5.000% 2/1/21 1,000 1,126
California Health Facilities Financing Authority Revenue (Memorial Health Services) 5.000% 10/1/17 1,000 1,018
California Health Facilities Financing Authority Revenue        
(Providence St. Joseph Health Obligated Group) PUT 1.250% 10/1/20 6,400 6,338
California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT 5.000% 10/17/17 9,400 9,573
California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT 5.000% 10/15/20 1,800 2,010
California Health Facilities Financing Authority Revenue (Sutter Health) PUT 1.000% 8/15/19 6,000 5,950
2 California Infrastructure & Economic Development Bank Revenue        
(Index-Museum Art Project) PUT 2.445% 8/1/18 20,515 20,629
2 California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT 1.180% 4/2/18 12,470 12,467
2 California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT 1.173% 4/1/20 5,625 5,626
2 California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT 1.173% 4/1/20 4,500 4,501
California Municipal Finance Authority Multifamily Housing Revenue        
(Stevenson House Apartments) 0.850% 11/1/17 3,000 2,996

 

10

 

Short-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
2 California Municipal Finance Authority Revenue        
  (Anaheim Electric Utility Distribution System) PUT 1.400% 4/2/18 14,000 13,964
  California Municipal Finance Authority Revenue (Biola University) 4.000% 10/1/19 205 218
  California Municipal Finance Authority Revenue (Biola University) 5.000% 10/1/20 305 340
  California Municipal Finance Authority Revenue        
  (Community Hospitals of Central California Obligated Group) 5.000% 2/1/18 500 514
  California Municipal Finance Authority Revenue        
  (Community Hospitals of Central California Obligated Group) 5.000% 2/1/19 500 532
  California Municipal Finance Authority Revenue        
  (Community Hospitals of Central California Obligated Group) 5.000% 2/1/20 625 683
  California Municipal Finance Authority Revenue        
  (Community Hospitals of Central California Obligated Group) 5.000% 2/1/21 1,000 1,117
  California Pollution Control Financing Authority Solid Waste Disposal Revenue        
  (Republic Services Inc. Project) PUT 0.950% 5/1/17 4,405 4,405
  California Public Works Board Lease Revenue (Department of Corrections) 5.000% 6/1/17 5,000 5,019
  California Public Works Board Lease Revenue (Department of Corrections) 5.000% 6/1/17 8,205 8,236
  California Public Works Board Lease Revenue (Department of Corrections) 5.000% 6/1/18 10,650 11,115
  California Public Works Board Lease Revenue (Department of Corrections) 5.000% 6/1/18 2,500 2,609
  California Public Works Board Lease Revenue (Department of State Hospitals) 4.000% 6/1/17 5,000 5,014
  California Public Works Board Lease Revenue (Department of State Hospitals) 4.000% 6/1/18 5,000 5,164
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 4/1/18 1,000 1,037
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 4/1/19 8,760 9,422
  California State University Systemwide Revenue PUT 3.000% 11/1/19 21,000 21,762
  California Statewide Communities Development Authority Health Facility Revenue        
  (Catholic Healthcare West) 1.250% 5/5/17 (4) 27,200 27,200
  California Statewide Communities Development Authority Revenue        
  (Adventist Health System/West) 3.000% 3/1/18 375 381
  California Statewide Communities Development Authority Revenue        
  (Adventist Health System/West) 4.000% 3/1/19 500 525
1 California Statewide Communities Development Authority Revenue        
  (Cottage Health System Obligated Group) TOB VRDO 1.050% 5/5/17 8,555 8,555
2 California Statewide Communities Development Authority Revenue (Kaiser Permanente) PUT 1.850% 5/1/17 1,250 1,250
  California Statewide Communities Development Authority Revenue (Kaiser Permanente) PUT 5.000% 5/1/17 6,380 6,380
  California Statewide Communities Development Authority Revenue (Kaiser Permanente) PUT 5.000% 5/1/17 7,500 7,500
1 California Statewide Communities Development Authority Revenue (Kaiser Permanente)        
  TOB VRDO 1.100% 5/5/17 10,010 10,010
  California Statewide Communities Development Authority Revenue (Kaiser Permanente) VRDO 0.880% 5/5/17 33,865 33,865
  California Statewide Communities Development Authority Revenue        
  (Rady Children’s Hospital - San Diego) 4.000% 8/15/18 1,565 1,627
  California Statewide Communities Development Authority Senior Living Health Facility Revenue        
  (Los Angeles Jewish Home for the Aging) 2.500% 8/1/20 1,165 1,168
  California Statewide Communities Development Authority Student Housing Revenue        
  (CHF-Irvine LLC - UCI East Campus Apartments Phase II) 5.000% 5/15/19 500 533
  California Statewide Communities Development Authority Student Housing Revenue        
  (CHF-Irvine LLC - UCI East Campus Apartments Phase II) 5.000% 5/15/20 500 546
  Capistrano CA Unified School District Special Tax Revenue 5.000% 9/1/17 1,500 1,518
  Capistrano CA Unified School District Special Tax Revenue 5.000% 9/1/18 (15) 2,000 2,103
  Capistrano CA Unified School District Special Tax Revenue 5.000% 9/1/19 (15) 2,080 2,259
  Chula Vista CA Industrial Development Revenue (San Diego Gas & Electric Co.) 1.650% 7/1/18 4,700 4,703
  Chula Vista CA Municipal Financing Authority Special Tax Revenue 5.000% 9/1/17 565 572
1,2 Eaton Vance California Municipal Bond Fund II 1.750% 7/1/19 8,250 8,251
1 Fontana CA Public Financing Authority Tax Allocation Revenue TOB VRDO 1.050% 5/5/17 LOC 9,000 9,000
  Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue PUT 5.000% 1/15/18 19,485 19,627
  Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue PUT 5.000% 1/15/20 1,475 1,570
3 Fresno CA Joint Powers Financing Authority Lease Revenue 5.000% 4/1/19 1,130 1,206
3 Fresno CA Joint Powers Financing Authority Lease Revenue 5.000% 4/1/20 1,000 1,097
3 Fresno CA Joint Powers Financing Authority Lease Revenue 5.000% 4/1/21 1,250 1,401
  Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/19 5,640 6,072
  Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/20 3,335 3,691
  Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/21 2,745 3,097
  Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/22 6,165 7,056
1 Golden State Tobacco Securitization Corp. California Revenue TOB VRDO 1.040% 5/5/17 LOC 9,720 9,720
  Jurupa CA Public Financing Authority Special Tax Revenue 3.500% 9/1/17 425 429
  Jurupa CA Public Financing Authority Special Tax Revenue 4.000% 9/1/18 380 394
  Jurupa CA Public Financing Authority Special Tax Revenue 5.000% 9/1/19 610 661
  La Verne CA (Brethren Hillcrest Homes) COP 3.000% 5/15/17 575 575
  La Verne CA (Brethren Hillcrest Homes) COP 4.000% 5/15/18 235 240
  Long Beach CA Finance Authority Natural Gas Purchase Revenue 5.250% 11/15/18 1,185 1,250
  Long Beach CA Harbor Revenue 5.000% 11/15/18 32,500 34,534
  Long Beach CA Unified School District GO 5.000% 8/1/19 2,740 2,984
  Los Angeles CA GO 5.000% 9/1/18 6,900 7,277

 

11

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Los Angeles CA Unified School District GO 5.000% 7/1/18 9,830 10,302
Los Angeles CA Wastewater System Revenue 5.000% 6/1/21 1,200 1,378
Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue 5.000% 7/1/18 12,750 13,367
Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Various Project Areas) 5.000% 9/1/17 3,815 3,867
Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Various Project Areas) 5.000% 9/1/18 1,000 1,051
Menifee CA Union School District Public Financing Authority Revenue 4.000% 9/1/19 1,000 1,061
2 Metropolitan Water District of Southern California Revenue PUT 1.060% 7/10/17 9,500 9,500
2 Metropolitan Water District of Southern California Revenue PUT 1.060% 7/10/17 5,500 5,500
2 Metropolitan Water District of Southern California Revenue PUT 1.060% 7/10/17 5,000 5,000
2 Metropolitan Water District of Southern California Revenue PUT 1.280% 3/27/18 10,750 10,745
2 Metropolitan Water District of Southern California Revenue PUT 1.280% 3/27/18 20,000 19,991
2 Metropolitan Water District of Southern California Revenue PUT 1.280% 3/27/18 10,250 10,254
2 Metropolitan Water District of Southern California Revenue PUT 1.280% 3/27/18 3,000 3,001
Modesto CA Irrigation District Electric Revenue 5.000% 7/1/17 1,055 1,063
Mount Diablo CA Unified School District GO 5.000% 8/1/18 1,500 1,574
Mount Diablo CA Unified School District GO 5.000% 8/1/19 650 708
North Orange County CA Community College District GO 4.000% 8/1/19 10,990 11,723
Northern California Gas Authority No. 1 Revenue 1.399% 7/1/19 12,800 12,727
1 Nuveen California AMT-Free Quality Municipal Income Fund VRDP VRDO 0.980% 5/5/17 LOC 5,000 5,000
1 Nuveen California AMT-Free Quality Municipal Income Fund VRDP VRDO 1.370% 7/1/18 19,000 19,000
Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) 5.000% 9/1/17 3,500 3,547
Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) 5.000% 9/1/18 1,550 1,629
Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) 5.000% 9/1/19 1,500 1,626
Palomar Pomerado Health California Revenue 4.000% 11/1/18 815 839
Riverside County CA Asset Leasing Corp. Leasehold Revenue (Riverside County Hospital Project) 4.000% 6/1/17 2,000 2,006
Riverside County CA Asset Leasing Corp. Leasehold Revenue (Riverside County Hospital Project) 5.000% 6/1/17 3,705 3,719
Riverside County CA Transportation Commission Sales Tax Revenue 5.000% 6/1/18 500 523
Roseville CA Special Tax Revenue 3.000% 9/1/18 275 280
Roseville CA Special Tax Revenue 4.000% 9/1/19 875 920
1 Sacramento CA Municipal Utility District Revenue TOB VRDO 1.230% 5/5/17 4,985 4,985
1 San Diego CA Community College District GO TOB VRDO 1.000% 5/5/17 (Prere.) 4,200 4,200
San Diego CA Public Facilities Financing Authority Sewer Revenue 4.000% 5/15/20 12,295 13,363
San Francisco CA City & County International Airport Revenue VRDO 0.860% 5/5/17 LOC 7,750 7,750
San Francisco CA City & County Unified School District GO 3.000% 6/15/20 7,205 7,615
San Francisco CA City & County Unified School District GO 5.000% 6/15/21 7,045 8,104
Southern California Public Power Authority Revenue (Canyon Power Project) 5.000% 7/1/20 1,250 1,397
University of California Revenue 5.000% 5/15/18 8,565 8,937
University of California Revenue 5.000% 5/15/18 3,000 3,130
Western California Municipal Water District Revenue PUT 1.500% 10/1/20 2,325 2,333
        1,274,326
Colorado (2.0%)        
Adams & Arapahoe CO Joint School District No. 28J GO 5.000% 12/1/19 1,000 1,100
Adams & Arapahoe CO Joint School District No. 28J GO 5.000% 12/1/20 1,400 1,584
Adams County CO COP 4.000% 12/1/19 1,250 1,335
Colorado Education Loan Program Revenue 2.000% 6/29/17 79,700 79,844
Colorado Education Loan Program Revenue 5.000% 6/29/17 19,100 19,231
Colorado General Fund Revenue 2.000% 6/27/17 44,050 44,138
Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) PUT 1.875% 11/6/19 6,000 6,037
2 Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) PUT 1.918% 11/12/20 5,000 4,959
2 Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) PUT 1.918% 11/12/20 7,500 7,438
1 Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) TOB VRDO 1.050% 5/5/17 (Prere.) 10,000 10,000
1 Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) TOB VRDO 1.150% 5/5/17 LOC 11,805 11,805
Colorado Health Facilities Authority Revenue (Christian Living Communities) 4.000% 1/1/18 250 252
Colorado Health Facilities Authority Revenue (Christian Living Communities) 4.000% 1/1/20 500 509
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 3.000% 12/1/17 700 707
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 5.000% 12/1/17 1,580 1,615
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 3.150% 12/1/18 3,640 3,645
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 4.000% 12/1/18 600 623
Colorado Health Facilities Authority Revenue        
(Evangelical Lutheran Good Samaritan Society Project) 3.000% 6/1/17 500 501
Colorado Health Facilities Authority Revenue        
(Evangelical Lutheran Good Samaritan Society Project) 3.000% 6/1/18 600 610
Colorado Health Facilities Authority Revenue        
(Evangelical Lutheran Good Samaritan Society Project) 4.000% 6/1/19 1,000 1,048
Colorado Health Facilities Authority Revenue        
(Sisters of Charity of Leavenworth Health System) VRDO 0.890% 5/5/17 14,100 14,100
2 Colorado Public Highway Authority Revenue PUT 1.567% 9/1/19 3,000 3,000
2 Colorado Public Highway Authority Revenue PUT 1.715% 9/1/21 3,000 3,001
Denver CO City & County Airport Revenue 1.110% 5/4/17 (12) 11,300 11,300
Denver CO City & County Airport Revenue 1.150% 5/5/17 (12) 17,850 17,850
2 Denver CO City & County Airport Revenue PUT 1.548% 11/15/19 16,500 16,526

 

12

 

Short-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
1,2 Denver CO Wastewater Management Division Department of Public Works Revenue TOB PUT 0.970% 5/4/17 18,840 18,840
  Park Creek CO Metropolitan District Limited Property Tax Revenue 4.000% 12/1/18 350 362
  Park Creek CO Metropolitan District Limited Property Tax Revenue 4.000% 12/1/20 1,055 1,125
  University of Colorado Hospital Authority Revenue PUT 4.000% 3/1/20 16,000 16,954
          300,039
Connecticut (2.6%)        
  Bridgeport CT GO 5.000% 8/15/20 (4) 7,115 7,860
  Connecticut GO 0.940% 5/1/17 15,825 15,825
  Connecticut GO 0.940% 5/1/17 31,935 31,935
2 Connecticut GO 1.670% 5/15/17 3,120 3,120
2 Connecticut GO 1.600% 6/15/17 25,000 25,006
2 Connecticut GO 1.600% 6/15/17 35,240 35,249
  Connecticut GO 5.000% 7/15/17 5,000 5,044
2 Connecticut GO 1.420% 9/15/17 1,850 1,850
  Connecticut GO 4.000% 11/15/17 7,000 7,118
  Connecticut GO 4.000% 11/15/17 40,795 41,484
2 Connecticut GO 1.250% 1/1/18 4,905 4,899
2 Connecticut GO 1.780% 4/15/18 2,250 2,254
2 Connecticut GO 1.820% 5/15/18 10,675 10,688
2 Connecticut GO 1.670% 9/15/18 4,000 4,004
2 Connecticut GO 2.000% 5/15/19 5,000 5,022
2 Connecticut GO 1.820% 9/15/19 1,000 1,000
2 Connecticut GO PUT 1.550% 9/15/17 10,215 10,217
2 Connecticut GO PUT 2.250% 3/1/18 17,500 17,504
  Connecticut Health & Educational Facilities Authority Revenue        
  (Ascension Health Credit Group) PUT 1.650% 3/1/19 2,500 2,508
  Connecticut Health & Educational Facilities Authority Revenue (Trinity Health Corp.) 5.000% 12/1/18 350 372
  Connecticut Health & Educational Facilities Authority Revenue (Trinity Health Corp.) 3.000% 12/1/19 750 785
  Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 0.800% 7/26/17 40,000 39,980
  Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 0.900% 2/1/18 4,000 3,995
  Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 1.375% 7/11/18 57,150 57,307
  Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 1.000% 7/1/19 17,550 17,426
  Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 1.000% 7/1/19 8,450 8,392
  Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 1.650% 2/3/20 10,000 10,061
  Hartford CT GO 5.000% 8/15/18 (15) 3,500 3,661
  Hartford CT GO 5.000% 4/1/19 (ETM) 2,150 2,310
  Hartford CT GO 5.000% 7/1/19 (4) 700 749
  Hartford CT GO 5.000% 10/1/19 (ETM) 1,525 1,665
  New Britain CT GO 5.000% 3/1/19 (ETM) 1,000 1,072
  New Britain CT GO 5.000% 3/1/20 (15) 1,175 1,289
  South Central Connecticut Regional Water Authority Water System Revenue 5.000% 8/1/18 (Prere.) 5,000 5,255
          386,906
Delaware (0.3%)        
  Delaware GO 5.000% 7/1/18 2,000 2,096
  Delaware GO 5.000% 2/1/19 1,000 1,071
  Delaware GO 5.000% 3/1/19 1,000 1,074
  Delaware GO 5.000% 3/1/21 1,585 1,809
  Delaware GO 5.000% 3/1/22 1,425 1,664
  Delaware Health Facilities Authority Revenue (Christiana Care Health Services) VRDO 0.880% 5/5/17 21,690 21,690
  Delaware Transportation Authority Transportation System Revenue 5.000% 7/1/18 1,030 1,079
  Delaware Transportation Authority Transportation System Revenue 5.000% 7/1/19 3,500 3,798
  Delaware Transportation Authority Transportation System Revenue 5.000% 7/1/20 785 879
  New Castle County DE GO 5.000% 7/15/18 1,770 1,858
1 University of Delaware Revenue TOB VRDO 0.990% 5/5/17 9,170 9,170
          46,188
District of Columbia (0.2%)        
2 District of Columbia Income Tax Revenue 1.200% 12/1/17 11,250 11,254
  District of Columbia Water & Sewer Authority Public Utility Revenue 5.000% 10/1/19 500 547
  Metropolitan Washington DC Transit Authority Revenue 5.000% 7/1/18 12,500 13,087
  Metropolitan Washington DC Transit Authority Revenue 4.000% 7/1/19 8,000 8,285
          33,173
Florida (4.1%)        
  Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/18 425 439
  Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/19 750 800
  Broward County FL Airport System Revenue 5.000% 10/1/17 1,050 1,068
  Broward County FL Airport System Revenue 5.000% 10/1/18 700 738
1 Broward County FL Airport System Revenue TOB VRDO 0.940% 5/5/17 LOC 23,525 23,525
  Broward County FL School Board COP 5.000% 7/1/17 5,000 5,035
  Broward County FL School Board COP 5.000% 7/1/18 4,415 4,611
  Broward County FL School Board COP 5.000% 7/1/19 2,355 2,539

 

13

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Broward County FL School Board COP 5.000% 7/1/20 5,400 5,975
Broward County FL School District TAN 1.500% 6/15/17 49,000 49,038
Cape Coral FL Special Obligation Revenue 4.000% 10/1/17 1,905 1,929
Cape Coral FL Special Obligation Revenue 4.000% 10/1/18 600 624
3 Cape Coral FL Utility Improvement Special Assessment Revenue 1.400% 9/1/18 (4) 750 750
3 Cape Coral FL Utility Improvement Special Assessment Revenue 1.650% 9/1/19 (4) 1,150 1,149
3 Cape Coral FL Utility Improvement Special Assessment Revenue 1.900% 9/1/20 (4) 1,000 999
3 Cape Coral FL Utility Improvement Special Assessment Revenue 2.000% 9/1/21 (4) 1,250 1,244
Central Florida Expressway Authority BAN 1.625% 1/1/19 54,595 54,765
Citizens Property Insurance Corp. Florida Revenue (Coastal Account) 5.000% 6/1/18 5,555 5,689
Citizens Property Insurance Corp. Florida Revenue        
(Personal Lines Account/Commercial Lines Account) 5.000% 6/1/17 6,260 6,283
Citizens Property Insurance Corp. Florida Revenue        
(Personal Lines Account/Commercial Lines Account) 5.000% 6/1/18 36,700 38,255
Citizens Property Insurance Corp. Florida Revenue        
(Personal Lines Account/Commercial Lines Account) 5.000% 6/1/19 6,700 7,223
Escambia County FL Pollution Control Revenue (Gulf Power Co. Project) PUT 1.150% 6/21/18 6,000 5,991
Escambia County FL Solid Waste Disposal System Revenue (Gulf Power Co. Project) PUT 1.400% 12/1/17 6,500 6,507
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/19 8,135 8,806
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/19 17,095 18,506
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/20 13,160 14,691
Florida Municipal Power Agency Revenue 5.000% 10/1/17 700 712
Florida Municipal Power Agency Revenue 5.000% 10/1/18 800 844
Florida Municipal Power Agency Revenue 5.000% 10/1/19 800 872
Florida Municipal Power Agency Revenue 5.000% 10/1/20 6,000 6,718
Florida Municipal Power Agency Revenue (Stanton II Project) 4.000% 10/1/17 1,650 1,671
Halifax Hospital Medical Center Florida Hospital Revenue 3.000% 6/1/17 1,000 1,002
Halifax Hospital Medical Center Florida Hospital Revenue 3.000% 6/1/17 1,000 1,002
Halifax Hospital Medical Center Florida Hospital Revenue 4.000% 6/1/18 500 515
Halifax Hospital Medical Center Florida Hospital Revenue 4.000% 6/1/18 2,000 2,059
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/19 250 268
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/19 825 885
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/20 300 331
3 Hillsborough County FL School Board COP 5.000% 7/1/21 1,500 1,709
Hollywood FL Community Redevelopment Agency Tax Allocation Revenue 5.000% 3/1/18 2,000 2,061
Hollywood FL Community Redevelopment Agency Tax Allocation Revenue 5.000% 3/1/19 2,000 2,122
Jacksonville FL Electric Authority Water & Sewer Revenue 4.000% 10/1/17 1,500 1,520
Jacksonville FL Special Revenue 5.000% 10/1/18 500 528
Jacksonville FL Special Revenue 5.000% 10/1/19 2,200 2,399
Jacksonville FL Special Revenue 5.000% 10/1/20 2,500 2,803
Jacksonville FL Special Revenue 5.000% 10/1/20 760 852
2 Lakeland FL Energy System Revenue 1.650% 10/1/17 10,000 10,002
Lakeland FL Energy System Revenue 5.000% 10/1/19 1,000 1,091
Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) 5.000% 11/15/20 7,215 8,011
Lee County FL Non-Ad Valorem Revenue 5.000% 10/1/17 1,220 1,241
Lee County FL School Board COP 5.000% 8/1/17 4,000 4,043
Lee County FL School Board COP 5.000% 8/1/18 3,530 3,707
1 Lee Memorial Health System Florida Hospital Revenue TOB VRDO 1.050% 5/5/17 LOC 4,350 4,350
Manatee County FL School District Revenue 4.000% 10/1/19 (4) 1,115 1,189
Manatee County FL School District Revenue 5.000% 10/1/20 (4) 1,000 1,121
Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) 4.000% 11/15/17 1,965 1,993
Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) 4.000% 11/15/18 1,125 1,165
Miami Beach FL Resort Tax Revenue 4.000% 9/1/17 1,250 1,263
Miami Beach FL Resort Tax Revenue 5.000% 9/1/19 1,615 1,756
Miami Beach FL Resort Tax Revenue 5.000% 9/1/20 1,135 1,269
1 Miami Beach FL Resort Tax Revenue TOB VRDO 0.950% 5/5/17 9,240 9,240
Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) 5.000% 8/1/17 400 404
Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) 4.000% 8/1/18 505 523
Miami-Dade County FL Industrial Development Authority Solid Waste Disposal Revenue        
(Waste Management Inc. of Florida Project) PUT 1.500% 10/1/18 4,500 4,514
1 Miami-Dade County FL Public Facilities Revenue (Jackson Health System) TOB VRDO 0.930% 5/5/17 (12) 10,395 10,395
Miami-Dade County FL School Board COP 5.000% 2/1/20 2,250 2,470
1 Miami-Dade County FL School Board COP TOB VRDO 0.980% 5/5/17 (Prere.) 19,500 19,500
1 Miami-Dade County FL Water & Sewer Revenue TOB VRDO 1.040% 5/5/17 8,510 8,510
Orlando FL Utility Commission Utility System Revenue 5.000% 10/1/18 12,195 12,891
Orlando FL Utility Commission Utility System Revenue PUT 5.000% 10/1/20 4,240 4,747
Orlando FL Utility Commission Utility System Revenue VRDO 0.900% 5/5/17 15,000 15,000
Orlando FL Utility Commission Utility System Revenue VRDO 0.910% 5/5/17 42,095 42,095
Orlando FL Utility Commission Utility System Revenue VRDO 0.910% 5/5/17 45,450 45,450
Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) 3.000% 12/1/17 1,000 1,011
Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) 4.000% 12/1/18 750 780

 

14

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Palm Beach County FL Health Facilities Authority Revenue (Jupiter Medical Center Inc. Project) 4.000% 11/1/17 2,095 2,119
Palm Beach County FL School Board COP 5.000% 8/1/18 4,725 4,957
Palm Beach County FL School District TAN 2.000% 8/31/17 37,315 37,438
Pasco County FL School Board COP 1.250% 5/5/17 (2) 10,000 10,000
Port St. Lucie FL Special Assessment Revenue 1.000% 7/1/17 475 475
Port St. Lucie FL Special Assessment Revenue 1.125% 7/1/18 680 678
Reedy Creek FL Improvement District GO 4.000% 6/1/17 1,760 1,765
Reedy Creek FL Improvement District GO 5.000% 6/1/18 2,825 2,945
Reedy Creek FL Improvement District Utilities Revenue 5.000% 10/1/17 785 799
Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) 4.000% 1/1/18 400 407
Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) 4.000% 1/1/19 500 521
South Broward FL Hospital District Revenue 5.000% 5/1/20 4,190 4,634
South Florida Water Management District COP 5.000% 10/1/19 1,750 1,906
South Florida Water Management District COP 5.000% 10/1/20 2,000 2,238
1 South Miami FL Health Facilities Authority Hospital Revenue        
(Baptist Health South Florida Obligated Group) TOB VRDO 0.940% 5/5/17 6,350 6,350
Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) 5.000% 12/1/17 1,000 1,021
Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) 5.000% 12/1/20 1,600 1,763
Tampa FL Hospital Revenue 4.000% 7/1/17 1,525 1,532
Tampa FL Hospital Revenue (H. Lee Moffitt Cancer Center Project) 5.000% 7/1/17 3,425 3,448
Volusia County FL School Board COP 4.000% 8/1/18 (15) 400 415
Volusia County FL School Board COP 4.000% 8/1/19 (15) 500 531
Volusia County FL School Board COP 5.000% 8/1/20 (15) 350 390
        604,115
Georgia (2.9%)        
Athens-Clarke County GA Unified Government Water & Sewerage Revenue 5.000% 1/1/18 3,000 3,085
Atlanta GA Airport Revenue 5.000% 1/1/18 500 514
1 Atlanta GA Airport Revenue TOB VRDO 1.020% 5/5/17 (4) 10,000 10,000
2 Atlanta GA Water & Wastewater Revenue PUT 2.165% 11/1/18 56,750 57,176
1 Atlanta GA Water & Wastewater Revenue TOB VRDO 1.020% 5/5/17 19,995 19,995
Bartow County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Bowen Project) PUT 2.375% 8/10/17 8,000 8,027
Burke County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Vogtle Project) PUT 1.750% 6/1/17 10,025 10,027
Burke County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Vogtle Project) PUT 1.800% 4/3/18 5,250 5,260
Burke County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Vogtle Project) PUT 1.300% 5/3/18 11,500 11,539
Burke County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Vogtle Project) PUT 2.350% 12/11/20 3,200 3,225
Clarke County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) 5.000% 7/1/18 750 784
Clarke County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) 5.000% 7/1/19 700 757
Dalton GA Development Authority Revenue (Hamilton Health Care System) 5.000% 8/15/17 1,500 1,518
DeKalb County GA Water & Sewer Revenue 5.000% 10/1/17 1,000 1,017
DeKalb County GA Water & Sewer Revenue 5.000% 10/1/17 500 509
DeKalb County GA Water & Sewer Revenue 5.000% 10/1/18 800 845
Douglas County GA GO 5.000% 4/1/20 3,200 3,548
Douglas County GA GO 5.000% 4/1/21 1,500 1,708
Forsyth County GA GO 5.000% 3/1/18 3,580 3,704
Fulton County GA Development Authority Revenue (Piedmont Healthcare Inc. Project) 5.000% 7/1/18 625 654
Fulton County GA Development Authority Revenue (Piedmont Healthcare Inc. Project) 5.000% 7/1/19 700 757
Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) 3.000% 7/1/19 500 505
Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) 3.000% 7/1/20 1,410 1,422
2 Gainesville & Hall County GA Hospital Authority Revenue        
(Northeast Georgia Health System Inc. Project) PUT 1.850% 2/18/20 17,675 17,609
Georgia GO 5.000% 7/1/17 5,280 5,319
Georgia GO 5.000% 7/1/18 (Prere.) 3,350 3,511
Georgia GO 4.000% 1/1/19 1,085 1,140
Georgia GO 5.000% 2/1/19 1,140 1,220
Georgia GO 5.000% 10/1/19 3,765 4,122
Georgia GO 4.000% 11/1/19 1,040 1,116
Georgia GO 5.000% 1/1/20 21,000 23,164
Georgia GO 5.000% 2/1/20 22,710 25,115
Georgia GO 5.000% 12/1/20 1,740 1,972
Georgia GO 5.000% 7/1/21 4,640 5,339
Georgia Municipal Electric Power Authority Revenue 5.000% 1/1/18 1,400 1,435
Georgia Municipal Electric Power Authority Revenue 5.000% 1/1/18 1,825 1,870
Georgia Municipal Gas Authority Revenue 5.000% 10/1/19 5,000 5,445
Glynn County GA School District GO 5.000% 8/1/18 4,000 4,203
Glynn County GA School District GO 5.000% 8/1/19 7,000 7,615
Gwinnett County GA School District GO 3.000% 8/1/18 4,525 4,641

 

15

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Gwinnett County GA School District GO 3.000% 2/1/19 25,000 25,870
Gwinnett County GA School District GO 3.000% 8/1/19 24,225 25,274
Gwinnett County GA School District GO 4.000% 2/1/20 22,075 23,814
Main Street Natural Gas Inc. Georgia Gas Project Revenue 5.125% 9/15/17 240 244
2 Metropolitan Atlanta GA Rapid Transportation Authority Georgia Sales Tax Revenue PUT 1.180% 7/1/17 18,000 18,001
2 Metropolitan Atlanta GA Rapid Transportation Authority Georgia Sales Tax Revenue PUT 1.200% 7/1/17 17,500 17,501
Municipal Electric Authority Georgia Revenue 5.000% 4/1/18 3,565 3,682
Municipal Electric Authority Georgia Revenue 5.000% 11/1/20 2,875 3,180
Municipal Electric Authority Georgia Revenue (Combined Cycle Project) 5.000% 11/1/17 1,700 1,733
Municipal Electric Authority Georgia Revenue (Project One) VRDO 0.950% 5/5/17 LOC 31,905 31,905
Richmond County GA Board of Education Sales Tax Revenue 5.000% 10/1/20 6,165 6,942
        419,558
Guam (0.0%)        
Guam Government Business Privilege Tax Revenue 5.000% 11/15/19 1,000 1,070
 
Hawaii (0.4%)        
Hawaii County HI GO 4.000% 9/1/18 1,585 1,650
Hawaii County HI GO 5.000% 9/1/18 1,395 1,471
Hawaii County HI GO 5.000% 9/1/19 3,625 3,957
Hawaii Department of Budget & Finance Special Purpose Revenue (Queens Health System) PUT 1.350% 11/24/17 4,855 4,855
Hawaii Department of Budget & Finance Special Purpose Revenue (Queens Health System) PUT 1.350% 11/24/17 2,510 2,510
Hawaii GO 5.000% 10/1/18 15,000 15,863
Hawaii GO 5.000% 10/1/19 4,000 4,376
Hawaii GO 5.000% 4/1/20 10,000 11,103
Hawaii GO 5.000% 10/1/20 2,750 3,096
Honolulu HI City & County GO 5.000% 7/1/17 (Prere.) 1,000 1,007
Honolulu HI City & County GO 3.000% 10/1/18 1,595 1,641
Honolulu HI City & County GO 4.000% 10/1/18 1,500 1,564
Honolulu HI City & County GO 5.000% 10/1/18 1,815 1,919
Honolulu HI City & County GO 5.000% 10/1/18 3,120 3,298
Honolulu HI City & County GO 5.250% 4/1/19 (Prere.) 2,975 3,214
        61,524
Idaho (0.2%)        
Idaho Housing & Finance Association RAN 5.000% 7/15/18 7,545 7,896
Idaho Housing & Finance Association RAN 5.000% 7/15/19 6,580 7,110
Idaho TAN 2.000% 6/30/17 7,500 7,514
        22,520
Illinois (3.9%)        
Chicago IL Board of Education GO 5.000% 12/1/17 (4) 3,000 3,036
2 Chicago IL Board of Education GO PUT 9.000% 5/4/17 9,685 9,685
1 Chicago IL GO TOB VRDO 1.300% 5/5/17 (12) 15,180 15,180
Chicago IL Metropolitan Water Reclamation District GO 5.000% 12/1/17 5,000 5,121
Chicago IL Metropolitan Water Reclamation District GO 5.000% 12/1/17 4,000 4,097
Chicago IL Metropolitan Water Reclamation District GO 5.000% 12/1/18 5,000 5,310
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/19 4,420 4,704
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/20 4,000 4,384
1 Chicago IL O’Hare International Airport Revenue TOB VRDO 1.020% 5/5/17 (4)(Prere.) 2,500 2,500
1 Chicago IL O’Hare International Airport Revenue TOB VRDO 1.050% 5/5/17 (Prere.) 15,075 15,075
Chicago IL Park District Harbor Facilities GO 5.000% 1/1/18 600 614
Chicago IL Park District Harbor Facilities GO 5.000% 1/1/19 990 1,043
1 Chicago IL Transit Authority Sales Tax Receipts Revenue TOB VRDO 1.060% 5/5/17 25,500 25,500
1 Chicago IL Transit Authority Sales Tax Receipts Revenue TOB VRDO 1.080% 5/5/17 22,895 22,895
Chicago IL Wastewater Transmission Revenue 5.000% 1/1/19 1,975 2,077
Chicago IL Wastewater Transmission Revenue 5.000% 1/1/20 1,000 1,076
Chicago IL Water Revenue 5.000% 11/1/18 675 711
1 Chicago IL Water Revenue TOB VRDO 1.100% 5/5/17 7,495 7,495
1 Chicago IL Water Revenue TOB VRDO 1.100% 5/5/17 5,250 5,250
1 Cook County IL GO TOB VRDO 1.070% 5/5/17 LOC 7,500 7,500
Illinois Educational Facilities Authority Revenue (University of Chicago) PUT 1.550% 2/13/20 5,000 5,029
1 Illinois Educational Facilities Authority Revenue (University of Chicago) TOB VRDO 0.960% 5/5/17 9,185 9,185
Illinois Finance Authority Revenue (Advocate Health Care Network) PUT 1.200% 11/24/17 5,750 5,750
Illinois Finance Authority Revenue (Advocate Health Care Network) PUT 5.000% 5/1/19 5,500 5,903
1 Illinois Finance Authority Revenue (Advocate Health Care Network) TOB VRDO 0.930% 5/5/17 27,065 27,065
Illinois Finance Authority Revenue (Ascension Health Credit Group) PUT 5.000% 5/1/17 4,500 4,502
Illinois Finance Authority Revenue (Ascension Health Credit Group) PUT 1.750% 4/1/21 3,000 3,002
1 Illinois Finance Authority Revenue (Carle Foundation) TOB VRDO 1.020% 5/5/17 (12) 12,680 12,680
Illinois Finance Authority Revenue (Centegra Health System) 5.000% 9/1/18 235 245
Illinois Finance Authority Revenue (Hospital Sister Services Inc.) 5.000% 8/15/17 2,000 2,023
Illinois Finance Authority Revenue (Hospital Sister Services Inc.) 5.000% 8/15/18 1,635 1,714
Illinois Finance Authority Revenue (Illinois Wesleyan University) 4.000% 9/1/17 100 101

 

16

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Illinois Finance Authority Revenue (Illinois Wesleyan University) 4.000% 9/1/18 155 160
Illinois Finance Authority Revenue (Illinois Wesleyan University) 4.000% 9/1/19 200 210
Illinois Finance Authority Revenue (Illinois Wesleyan University) 4.000% 9/1/20 260 276
Illinois Finance Authority Revenue (Northwestern Community Hospital) 5.000% 7/1/19 1,000 1,078
Illinois Finance Authority Revenue (Northwestern Community Hospital) 5.000% 7/1/20 1,030 1,139
Illinois Finance Authority Revenue (Presbyterian Homes) 3.000% 11/1/17 800 807
Illinois Finance Authority Revenue (Presbyterian Homes) 4.000% 11/1/18 550 572
Illinois Finance Authority Revenue (Presbyterian Homes) 4.000% 11/1/19 1,000 1,061
Illinois Finance Authority Revenue (Presbyterian Homes) 5.000% 11/1/20 1,875 2,085
2 Illinois Finance Authority Revenue (Presbyterian Homes) PUT 2.038% 5/1/21 2,500 2,505
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/20 6,575 7,024
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/21 3,055 3,315
Illinois Finance Authority Revenue (Rush University Medical Center) 5.000% 11/15/17 1,000 1,021
Illinois Finance Authority Revenue (Rush University Medical Center) 5.000% 11/15/18 750 793
Illinois Finance Authority Revenue (Rush University Medical Center) 5.000% 11/15/19 500 545
Illinois Finance Authority Revenue (Silver Cross & Medical Centers) 5.000% 8/15/17 750 758
Illinois Finance Authority Revenue (Swedish Covenant Hospital) 5.000% 8/15/17 830 839
Illinois Finance Authority Revenue (Swedish Covenant Hospital) 5.000% 8/15/18 685 714
Illinois Finance Authority Revenue (Swedish Covenant Hospital) 5.000% 8/15/19 500 534
Illinois Finance Authority Revenue (Swedish Covenant Hospital) 5.000% 8/15/20 600 653
Illinois Finance Authority Solid Waste Disposal Revenue (Prairie Power Inc. Project) PUT 1.300% 5/8/17 2,340 2,340
3 Illinois Finance Authority Solid Waste Disposal Revenue (Prairie Power Inc. Project) PUT 1.750% 5/6/20 6,610 6,603
Illinois GO 5.000% 5/1/17 8,100 8,102
Illinois GO 5.000% 6/1/17 8,500 8,527
Illinois GO 5.000% 7/1/17 2,450 2,464
Illinois GO 4.000% 2/1/18 4,000 4,057
Illinois GO 5.000% 2/1/18 15,000 15,325
Illinois GO 5.000% 4/1/18 2,500 2,565
Illinois GO 5.000% 5/1/18 8,000 8,225
Illinois GO 5.000% 8/1/18 22,160 22,910
Illinois GO 5.000% 1/1/19 3,350 3,472
Illinois GO 4.000% 2/1/19 7,500 7,655
Illinois GO 5.000% 2/1/19 1,620 1,681
Illinois GO 5.000% 2/1/19 12,505 12,977
Illinois GO 5.000% 5/1/19 12,000 12,499
Illinois GO 5.000% 7/1/19 4,725 4,932
Illinois GO 5.000% 8/1/19 15,000 15,675
Illinois GO 5.250% 1/1/20 1,305 1,375
Illinois GO 4.000% 9/1/20 1,520 1,556
Illinois GO 5.250% 1/1/21 1,155 1,227
Illinois GO 5.000% 3/1/21 1,000 1,055
Illinois GO 5.000% 7/1/21 8,260 8,727
Illinois GO 5.000% 4/1/22 1,500 1,588
Illinois Housing Development Authority Multi-Family Housing Revenue        
(J. Michael Fitzgerald Apartments Project) PUT 0.900% 1/1/18 5,125 5,118
Illinois Regional Transportation Authority Revenue PUT 1.050% 5/8/17 31,070 31,070
Illinois Toll Highway Authority Revenue 5.000% 12/1/17 6,500 6,658
Illinois Toll Highway Authority Revenue VRDO 0.920% 5/5/17 LOC 17,700 17,700
1 Illinois Toll Highway Authority Toll Highway Revenue TOB VRDO 0.930% 5/5/17 650 650
Illinois Toll Highway Authority Toll Highway Revenue VRDO 0.920% 5/5/17 LOC 25,000 25,000
Illinois Unemployment Insurance Fund Building Receipts Revenue 5.000% 6/15/17 24,125 24,151
Illinois Unemployment Insurance Fund Building Receipts Revenue 5.000% 12/15/17 3,550 3,562
1 Lake, Cook, Kane, & McHenry Counties IL Community Unified School District GO TOB VRDO 0.960% 5/5/17 9,000 9,000
Northern Illinois Municipal Power Agency Project Revenue 5.000% 12/1/18 1,000 1,053
Northern Illinois Municipal Power Agency Project Revenue 5.000% 12/1/19 1,340 1,450
Northern Illinois Municipal Power Agency Project Revenue 5.000% 12/1/20 1,000 1,103
Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue 5.000% 6/1/17 4,990 5,008
Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue 5.000% 6/1/18 1,875 1,952
Romeoville IL Revenue (Lewis University Project) 4.000% 10/1/17 365 369
Romeoville IL Revenue (Lewis University Project) 4.000% 10/1/18 500 515
Springfield IL Electric Revenue 5.000% 3/1/20 2,000 2,187
Will & Kendall Counties IL Community Consolidated School District No. 202 Plainfield GO 4.000% 1/1/20 8,730 9,317
Will & Kendall Counties IL Community Consolidated School District No. 202 Plainfield GO 4.000% 1/1/21 7,820 8,475
1 Will County IL GO TOB VRDO 0.960% 5/5/17 10,125 10,125
        566,541
Indiana (0.7%)        
Ball State University Housing & Dining System Indiana Revenue 5.000% 7/1/18 250 262
Ball State University Housing & Dining System Indiana Revenue 5.000% 7/1/19 200 217
Ball State University Housing & Dining System Indiana Revenue 5.000% 7/1/20 350 390
Ball State University Student Fee Indiana Revenue 4.000% 7/1/19 1,000 1,061
Ball State University Student Fee Indiana Revenue 5.000% 7/1/20 500 558

 

17

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Carmel IN Local Public Improvement Bond Bank Revenue 4.000% 1/15/18 400 409
Carmel IN Local Public Improvement Bond Bank Revenue 4.000% 7/15/18 500 518
Carmel IN Local Public Improvement Bond Bank Revenue 5.000% 1/15/19 750 801
Carmel IN Local Public Improvement Bond Bank Revenue 5.000% 7/15/19 1,000 1,086
Carmel IN Local Public Improvement Bond Bank Revenue 5.000% 1/15/20 1,000 1,102
Carmel IN Local Public Improvement Bond Bank Revenue 5.000% 7/15/20 805 900
Indiana Finance Authority Economic Development Revenue (Republic Services Inc. Project) PUT 1.050% 6/1/17 7,650 7,650
Indiana Finance Authority Highway Revenue 5.000% 12/1/20 10,195 11,531
Indiana Finance Authority Hospital Revenue (Community Health Network) 5.000% 5/1/17 520 520
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 4.000% 12/1/18 1,500 1,570
Indiana Finance Authority Hospital Revenue (Parkview Health System) 4.000% 5/1/17 500 500
Indiana Finance Authority Revenue 5.000% 2/1/18 1,415 1,460
Indiana Finance Authority Revenue 5.000% 2/1/19 815 873
Indiana Finance Authority Revenue 5.000% 2/1/19 3,730 3,992
Indiana Finance Authority Revenue 5.000% 2/1/20 1,860 2,058
Indiana Finance Authority Revenue        
(Community Foundation of Northwest Indiana Obligated Group) 2.000% 9/1/17 150 150
Indiana Finance Authority Revenue        
(Community Foundation of Northwest Indiana Obligated Group) 3.000% 9/1/18 150 153
Indiana Finance Authority Revenue        
(Community Foundation of Northwest Indiana Obligated Group) 3.000% 9/1/19 250 258
Indiana Finance Authority Revenue        
(Community Foundation of Northwest Indiana Obligated Group) 4.000% 9/1/20 500 536
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/17 350 356
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/18 410 433
Indiana Health & Educational Facility Financing Authority Hospital Revenue        
(Indiana University Health Obligated Group) VRDO 0.890% 5/5/17 LOC 3,700 3,700
Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT 1.150% 12/1/17 2,770 2,770
Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT 1.250% 5/1/20 2,300 2,276
Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT 1.500% 5/1/20 3,690 3,672
Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT 1.500% 5/1/20 4,610 4,588
Indiana Housing & Community Development Authority Revenue        
(Edgewood Group Apartment Project) PUT 1.150% 3/1/18 5,425 5,428
1 Indianapolis IN Local Public Improvement Bond Bank Revenue TOB VRDO 1.050% 5/5/17 23,935 23,935
Purdue University Indiana University COP 5.000% 7/1/19 1,000 1,085
Richmond IN Hospital Authority Revenue (Reid Hospital & Health Care Services Inc.) 4.000% 1/1/18 1,960 1,996
Richmond IN Hospital Authority Revenue (Reid Hospital & Health Care Services Inc.) 5.000% 1/1/19 1,000 1,058
Rockport IN Pollution Control Revenue (Indiana Michigan Power Co. Project) PUT 1.750% 6/1/18 5,500 5,497
1 Zionsville IN Community Schools Building Corp. Revenue TOB VRDO 1.030% 5/5/17 (4) LOC 5,970 5,970
        101,319
Iowa (0.4%)        
Iowa Board of Regents Hospital Revenue (University of Iowa Hospitals & Clinics) 4.000% 9/1/18 3,525 3,662
Iowa Finance Authority Revenue 5.000% 8/1/19 6,700 7,293
Iowa Special Obligation Revenue 5.000% 6/1/18 11,055 11,544
Iowa Special Obligation Revenue 5.000% 6/1/19 5,500 5,950
Iowa Special Obligation Revenue 5.000% 6/1/20 8,000 8,923
3 Polk County IA GO 4.000% 6/1/20 11,585 12,566
3 Polk County IA GO 4.000% 6/1/21 12,135 13,413
        63,351
Kansas (0.4%)        
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 4.000% 12/1/17 125 126
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 4.000% 12/1/18 250 257
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 4.000% 12/1/19 250 261
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 4.000% 12/1/20 350 368
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 4.000% 12/1/21 500 528
Johnson County KS Unified School District No. 233 GO 2.000% 9/1/17 750 753
Johnson County KS Unified School District No. 233 GO 2.000% 9/1/18 1,250 1,267
Johnson County KS Unified School District No. 233 GO 5.000% 9/1/20 1,250 1,404
2 Kansas Department of Transportation Highway Revenue 0.899% 9/1/17 4,550 4,549
2 Kansas Department of Transportation Highway Revenue 0.979% 9/1/18 3,500 3,495
Kansas Department of Transportation Highway Revenue 5.000% 9/1/18 1,000 1,054
2 Kansas Department of Transportation Highway Revenue 1.059% 9/1/19 3,000 2,992
Kansas Development Finance Authority Revenue 5.000% 5/1/20 1,340 1,486
Kansas Development Finance Authority Revenue (University of Kansas Projects) 5.000% 5/1/18 2,525 2,624
Kansas Development Finance Authority Revenue (University of Kansas Projects) 5.000% 5/1/19 2,985 3,214
Kansas Development Finance Authority Revenue (University of Kansas Projects) 5.000% 5/1/20 3,130 3,470
Kansas Development Finance Authority Revenue (University of Kansas Projects) 5.000% 5/1/21 1,160 1,318
Wichita KS GO 1.250% 10/13/17 34,660 34,661
Wyandotte County/Kansas City KS Unified Government Utility System Revenue 4.000% 9/1/17 1,000 1,011
Wyandotte County/Kansas City KS Unified Government Utility System Revenue 5.000% 9/1/19 500 543
        65,381

 

18

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Kentucky (1.0%)        
Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) 4.000% 2/1/18 325 330
Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) 4.000% 2/1/19 1,125 1,167
Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) 4.000% 2/1/20 400 421
Carroll County KY Pollution Control Revenue (Kentucky Utilities Co. Project) PUT 1.050% 9/1/19 6,875 6,799
Kentucky Asset/Liability Commission Agency Fund Revenue (Federal Highway Trust) 5.000% 9/1/17 1,500 1,521
Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) 5.000% 5/1/18 1,280 1,331
Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) 5.000% 5/1/19 2,665 2,869
Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) 5.000% 5/1/20 1,000 1,108
Kentucky Municipal Power Agency Power System Revenue 5.000% 9/1/17 (14) 500 507
Kentucky Municipal Power Agency Power System Revenue 5.000% 9/1/18 (14) 1,500 1,573
Kentucky Property & Building Commission Revenue 5.000% 8/1/17 2,800 2,830
Kentucky Property & Building Commission Revenue 5.000% 8/1/18 10,175 10,675
Kentucky Property & Building Commission Revenue 5.000% 8/1/18 2,715 2,848
Kentucky Property & Building Commission Revenue 5.000% 8/1/19 13,270 14,333
Kentucky Property & Building Commission Revenue 5.000% 8/1/19 2,550 2,754
Kentucky Property & Building Commission Revenue 5.000% 8/1/20 10,985 12,221
Kentucky Property & Building Commission Revenue 5.000% 8/1/20 2,600 2,893
Kentucky Public Transportation Infrastructure Authority Toll Revenue        
(Downtown Crossing Project) BAN 3.000% 7/1/17 250 250
Kentucky Public Transportation Infrastructure Authority Toll Revenue        
(Downtown Crossing Project) BAN 5.000% 7/1/17 38,775 38,998
Louisville & Jefferson County KY Metropolitan Government Environmental Facilities Revenue        
(Louisville Gas & Electric Co. Project) PUT 1.500% 4/1/19 6,600 6,610
Louisville & Jefferson County KY Metropolitan Government Health System Revenue        
(Norton Healthcare Obligated Group) 5.500% 10/1/17 5,445 5,545
Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) 5.000% 12/1/17 2,500 2,549
Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) 5.000% 12/1/18 1,750 1,835
Louisville & Jefferson County KY Metropolitan Sewer & Drain System BAN 3.500% 11/15/17 25,000 25,360
        147,327
Louisiana (1.5%)        
Bossier City LA Utilities Revenue 5.500% 10/1/18 (Prere.) 19,215 20,441
East Baton Rouge Parish LA Pollution Control Revenue (Exxon Project) VRDO 0.860% 5/1/17 33,575 33,575
2 East Baton Rouge Parish LA Sewer Commission Revenue PUT 1.188% 8/1/18 23,475 23,358
Lafayette LA Communications System Revenue 5.000% 11/1/17 (4) 585 596
Lafayette LA Communications System Revenue 5.000% 11/1/18 (4) 1,620 1,710
Lafayette LA Communications System Revenue 5.000% 11/1/19 (4) 2,500 2,717
Louisiana Citizens Property Insurance Corp. Assessment Revenue 5.000% 6/1/17 8,500 8,531
Louisiana Citizens Property Insurance Corp. Assessment Revenue 5.000% 6/1/18 5,000 5,204
Louisiana Citizens Property Insurance Corp. Assessment Revenue 5.000% 6/1/19 10,645 11,432
2 Louisiana Gasoline & Fuel Tax Revenue PUT 1.158% 5/1/17 55,500 55,497
2 Louisiana Gasoline & Fuel Tax Revenue PUT 1.158% 5/1/18 13,500 13,431
2 Louisiana Gasoline & Fuel Tax Revenue PUT 1.238% 5/1/18 15,625 15,546
Louisiana Offshore Terminal Authority Deep Water Port Revenue (LOOP LLC Project) PUT 2.200% 10/1/17 4,125 4,137
1 Louisiana Public Facilities Authority Hospital Revenue        
(Franciscan Missionaries of Our Lady Health System Project) TOB VRDO 1.020% 5/5/17 (4) 5,000 5,000
Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) 3.000% 5/15/17 250 250
Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) 3.000% 5/15/18 300 305
Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) 4.000% 5/15/19 300 315
New Orleans LA GO 4.000% 12/1/18 700 731
New Orleans LA GO 4.000% 12/1/19 775 826
New Orleans LA Sewage Service Revenue 5.000% 6/1/17 1,000 1,004
New Orleans LA Water Revenue 5.000% 12/1/17 290 297
New Orleans LA Water Revenue 5.000% 12/1/18 500 529
Tobacco Settlement Financing Corp. Louisiana Revenue 5.000% 5/15/17 3,730 3,737
Tobacco Settlement Financing Corp. Louisiana Revenue 5.000% 5/15/18 9,000 9,321
Tobacco Settlement Financing Corp. Louisiana Revenue 5.000% 5/15/19 2,740 2,900
        221,390
Maine (0.0%)        
Maine GO 5.000% 6/1/18 3,855 4,029
Maine GO 4.250% 6/1/19 1,000 1,068
        5,097
Maryland (5.4%)        
Anne Arundel County MD GO 5.000% 4/1/18 6,960 7,224
Anne Arundel County MD GO 5.000% 4/1/18 2,000 2,076
Anne Arundel County MD GO 5.000% 4/1/18 2,585 2,683
Anne Arundel County MD GO 5.000% 4/1/18 980 1,017
Anne Arundel County MD GO 5.000% 4/1/18 2,590 2,688
Anne Arundel County MD GO 5.000% 10/1/18 3,085 3,262
Anne Arundel County MD GO 5.000% 10/1/18 1,455 1,538

 

19

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Anne Arundel County MD GO 5.000% 10/1/18 4,295 4,542
Anne Arundel County MD GO 5.000% 4/1/19 12,750 13,724
Anne Arundel County MD GO 3.000% 10/1/20 4,185 4,436
Anne Arundel County MD GO 5.000% 10/1/20 6,210 7,001
Anne Arundel County MD GO 4.000% 10/1/21 4,140 4,611
Anne Arundel County MD GO 5.000% 10/1/22 1,830 2,161
Baltimore County MD GO 5.000% 2/1/19 2,800 2,997
Baltimore County MD GO 5.000% 3/1/21 3,500 3,993
Baltimore County MD GO 5.000% 3/1/21 5,300 6,047
Baltimore MD Consolidated Public Improvement GO 4.000% 8/1/20 4,730 5,158
Baltimore MD Consolidated Public Improvement GO 5.000% 8/1/20 3,795 4,260
Frederick County MD GO 5.000% 8/1/18 2,800 2,943
Frederick County MD GO 5.000% 8/1/19 2,945 3,207
Frederick County MD GO 5.000% 8/1/20 2,145 2,406
Frederick County MD GO 5.000% 2/1/21 2,000 2,277
Frederick County MD GO 5.000% 2/1/22 1,785 2,080
Harford County MD Public Improvement GO 5.000% 2/1/19 6,980 7,474
Howard County MD GO 5.000% 8/15/19 1,375 1,499
Howard County MD GO 5.000% 2/15/20 1,000 1,107
Howard County MD GO 5.000% 2/15/20 2,880 3,189
Howard County MD GO 5.000% 2/15/21 10,825 12,335
Howard County MD GO 5.000% 2/15/22 11,360 13,247
Maryland Department of Transportation Revenue 5.000% 12/15/18 16,020 17,071
Maryland Department of Transportation Revenue 5.000% 12/15/19 17,875 19,686
Maryland Department of Transportation Revenue 4.000% 5/15/20 2,355 2,554
Maryland Department of Transportation Revenue 4.000% 9/1/21 20,665 22,957
Maryland Economic Development Corp. Revenue (Constellation Energy Group, Inc. Project) PUT 2.550% 6/1/20 8,900 8,867
Maryland Economic Development Corp. Student Housing Revenue        
(University of Maryland College Park) 4.000% 6/1/17 (4) 1,250 1,254
Maryland Economic Development Corp. Student Housing Revenue        
(University of Maryland College Park) 4.000% 6/1/18 (4) 810 836
Maryland Economic Development Corp. Student Housing Revenue        
(University of Maryland College Park) 4.000% 6/1/19 (4) 675 714
Maryland GO 5.000% 3/1/18 3,395 3,513
Maryland GO 5.000% 3/15/18 5,000 5,181
Maryland GO 5.000% 11/1/18 1,375 1,459
Maryland GO 5.000% 3/1/19 10,000 10,736
Maryland GO 5.000% 3/1/19 3,420 3,672
Maryland GO 5.000% 3/15/19 1,090 1,172
Maryland GO 5.000% 3/15/19 9,285 9,982
Maryland GO 5.000% 6/1/19 18,490 20,024
Maryland GO 4.500% 8/1/19 1,400 1,509
Maryland GO 5.000% 8/1/19 5,000 5,445
Maryland GO 5.000% 11/1/19 7,855 8,622
Maryland GO 5.000% 3/1/20 12,450 13,803
Maryland GO 5.000% 6/1/20 50,410 56,306
Maryland GO 5.000% 8/1/20 77,530 87,025
Maryland GO 5.000% 8/1/20 2,000 2,245
Maryland GO 5.250% 8/1/20 29,620 33,484
Maryland GO 5.000% 6/1/21 12,000 13,780
Maryland GO 5.000% 8/1/21 15,185 17,508
Maryland GO 5.000% 8/1/21 20,000 23,060
Maryland Health & Higher Educational Facilities Authority Revenue        
(Adventist Healthcare Obligated Group) 5.000% 1/1/20 750 806
Maryland Health & Higher Educational Facilities Authority Revenue        
(Adventist Healthcare Obligated Group) 5.000% 1/1/21 1,000 1,095
Maryland Health & Higher Educational Facilities Authority Revenue        
(Anne Arundel Health System) 4.000% 7/1/17 500 503
Maryland Health & Higher Educational Facilities Authority Revenue        
(Johns Hopkins Health System Obligated Group) 5.000% 7/1/18 1,000 1,048
2 Maryland Health & Higher Educational Facilities Authority Revenue        
(Johns Hopkins Health System Obligated Group) PUT 1.488% 11/15/17 11,840 11,872
2 Maryland Health & Higher Educational Facilities Authority Revenue        
(Johns Hopkins Health System Obligated Group) PUT 1.238% 5/15/18 4,650 4,654
2 Maryland Health & Higher Educational Facilities Authority Revenue        
(Johns Hopkins Health System Obligated Group) PUT 1.258% 5/15/18 9,625 9,635
Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) 5.000% 8/15/17 2,020 2,044
Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) 5.000% 8/15/18 2,000 2,099
Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) 5.000% 8/15/19 2,600 2,816
Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) 5.000% 7/1/17 500 503
Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) 5.000% 7/1/19 900 971

 

20

 

Short-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Maryland Health & Higher Educational Facilities Authority Revenue        
  (Peninsula Regional Medical Center) 5.000% 7/1/17 1,790 1,803
  Maryland Health & Higher Educational Facilities Authority Revenue        
  (Peninsula Regional Medical Center) 5.000% 7/1/18 1,695 1,772
  Maryland Health & Higher Educational Facilities Authority Revenue        
  (University of Maryland Medical System) 5.000% 7/1/20 700 775
  Maryland Health & Higher Educational Facilities Authority Revenue        
  (University of Maryland Medical System) 4.000% 7/1/21 1,000 1,092
  Maryland Health & Higher Educational Facilities Authority Revenue        
  (Western Maryland Health System) 5.000% 7/1/17 5,000 5,034
  Maryland Health & Higher Educational Facilities Authority Revenue        
  (Western Maryland Health System) 5.000% 7/1/18 6,195 6,463
  Maryland Health & Higher Educational Facilities Authority Revenue VRDO 0.900% 5/5/17 LOC 10,655 10,655
  Maryland Water Quality Financing Administration Bay Restoration Revolving Loan Fund Revenue 5.000% 3/1/19 10,570 11,348
  Montgomery County MD GO 5.000% 11/1/17 4,800 4,902
  Montgomery County MD GO 5.000% 7/1/19 12,820 13,923
  Montgomery County MD GO 5.000% 7/1/19 5,010 5,441
  Montgomery County MD GO 5.000% 8/1/19 1,570 1,710
  Montgomery County MD GO 5.000% 12/1/19 15,800 17,388
  Montgomery County MD GO 5.000% 12/1/19 14,950 16,453
  Montgomery County MD GO 5.000% 11/1/20 5,900 6,672
  Montgomery County MD GO 5.000% 12/1/20 16,380 18,567
  Montgomery County MD GO 5.000% 12/1/21 12,970 15,067
  Prince Georges County MD GO 5.000% 9/1/17 8,015 8,130
  Prince Georges County MD GO 5.000% 3/1/18 5,280 5,463
  Prince Georges County MD GO 5.000% 8/1/19 5,075 5,527
  Prince Georges County MD GO 5.000% 3/1/20 2,200 2,439
  Prince Georges County MD GO 5.000% 9/15/20 1,720 1,938
  University of Maryland Auxiliary Facility & Tuition Revenue 5.000% 4/1/19 4,800 5,165
  University of Maryland Auxiliary Facility & Tuition Revenue 5.000% 4/1/20 4,040 4,487
  Washington MD Suburban Sanitary Commission GO 5.000% 6/1/19 4,285 4,641
  Washington MD Suburban Sanitary Commission GO 4.000% 6/1/20 12,870 13,986
  Washington Suburban Sanitation District Maryland GO 5.000% 6/1/18 2,000 2,089
  Washington Suburban Sanitation District Maryland GO 5.000% 6/1/18 7,290 7,615
  Washington Suburban Sanitation District Maryland GO 5.000% 6/1/19 7,260 7,862
  Washington Suburban Sanitation District Maryland GO 5.000% 6/1/19 7,585 8,214
  Washington Suburban Sanitation District Maryland GO 5.000% 6/1/20 2,500 2,792
  Washington Suburban Sanitation District Maryland GO 5.000% 6/1/20 4,820 5,384
  Westminster MD Educational Facilities Revenue (McDaniel College Inc.) 5.000% 11/1/19 1,640 1,759
  Westminster MD Educational Facilities Revenue (McDaniel College Inc.) 5.000% 11/1/20 1,735 1,896
          790,145
Massachusetts (3.8%)        
  Boston MA GO 5.000% 2/1/18 7,965 8,216
  Boston MA GO 5.000% 8/1/18 4,045 4,253
  Boston MA GO 5.000% 3/1/20 1,850 1,856
1,2 Eaton Vance Massachusetts Municipal Bond Fund 1.900% 7/1/19 6,475 6,479
  Massachusetts Bay Transportation Authority Sales Tax Revenue 5.250% 7/1/18 1,000 1,050
  Massachusetts Bay Transportation Authority Sales Tax Revenue 5.000% 7/1/19 9,500 10,307
  Massachusetts Bay Transportation Authority Sales Tax Revenue PUT 1.200% 11/24/17 29,195 29,195
1 Massachusetts Bay Transportation Authority Sales Tax Revenue TOB VRDO 0.990% 5/1/17 25,420 25,420
1 Massachusetts Bay Transportation Authority Sales Tax Revenue TOB VRDO 1.000% 5/5/17 29,934 29,934
  Massachusetts Clean Water Trust Revenue 5.000% 2/1/19 3,305 3,538
  Massachusetts Department of Transportation Metropolitan Highway System Revenue VRDO 0.860% 5/5/17 6,875 6,875
  Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/18 2,550 2,658
  Massachusetts Development Finance Agency Revenue (Harvard University) 4.000% 7/15/20 2,500 2,724
  Massachusetts Development Finance Agency Revenue (Harvard University) 5.000% 7/15/20 5,000 5,605
  Massachusetts Development Finance Agency Revenue (Harvard University) 5.000% 10/15/20 1,610 1,818
  Massachusetts Development Finance Agency Revenue (Harvard University) 5.000% 7/15/21 3,700 4,262
2 Massachusetts Development Finance Agency Revenue (Partners Healthcare) PUT 1.450% 1/30/18 8,785 8,795
2 Massachusetts Development Finance Agency Revenue (Partners Healthcare) PUT 1.380% 1/29/20 5,500 5,412
  Massachusetts Development Finance Agency Revenue (South Shore Hospital Inc.) 3.000% 7/1/17 2,310 2,318
  Massachusetts Development Finance Agency Revenue (South Shore Hospital Inc.) 3.000% 7/1/18 1,000 1,021
  Massachusetts Development Finance Agency Revenue (South Shore Hospital Inc.) 4.000% 7/1/19 800 845
  Massachusetts Development Finance Agency Revenue (South Shore Hospital Inc.) 4.000% 7/1/20 600 646
  Massachusetts Development Finance Agency Revenue (Suffolk University) 5.000% 7/1/20 500 550
  Massachusetts Development Finance Agency Revenue (Suffolk University) 5.000% 7/1/21 750 842
  Massachusetts Development Finance Agency Revenue (Suffolk University) 5.000% 7/1/22 440 499
  Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) 5.000% 7/1/17 2,260 2,275
  Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) 5.000% 7/1/18 500 520
  Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) 5.000% 7/1/20 1,435 1,571
2 Massachusetts Development Finance Agency Revenue (Williams College) PUT 1.180% 7/1/17 15,460 15,459

 

21

 

Short-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Massachusetts GO 2.000% 5/22/17 83,000 83,056
  Massachusetts GO 2.000% 6/26/17 40,000 40,076
2 Massachusetts GO 1.330% 1/1/18 9,100 9,106
  Massachusetts GO 5.000% 8/1/18 (Prere.) 4,185 4,399
  Massachusetts GO 5.000% 10/1/22 10,000 11,786
  Massachusetts GO PUT 1.050% 7/1/20 23,500 23,134
2 Massachusetts GO PUT 1.200% 8/1/17 28,180 28,180
1 Massachusetts GO TOB VRDO 0.990% 5/1/17 (4) LOC 14,765 14,765
  Massachusetts GO VRDO 0.900% 5/5/17 27,150 27,150
  Massachusetts Health & Educational Facilities Authority Revenue (Amherst College) PUT 0.800% 12/1/17 2,000 1,997
4 Massachusetts Health & Educational Facilities Authority Revenue (MIT) 6.000% 7/1/18 (Prere.) 3,115 3,301
  Massachusetts Health & Educational Facilities Authority Revenue (MIT) 5.500% 7/1/22 2,800 3,362
  Massachusetts Health & Educational Facilities Authority Revenue (Partners Healthcare System) 1.200% 5/3/17 (4) 9,250 9,250
  Massachusetts Health & Educational Facilities Authority Revenue (Partners Healthcare System) 1.250% 5/5/17 (4) 4,000 4,000
  Massachusetts Health & Educational Facilities Authority Revenue (Partners Healthcare System)        
  VRDO 0.870% 5/5/17 LOC 6,200 6,200
  Massachusetts Health & Educational Facilities Authority Revenue        
  (UMass Memorial Medical Center) 5.000% 7/1/20 1,500 1,643
  Massachusetts Port Authority Revenue 4.000% 7/1/18 1,320 1,367
  Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 5/15/19 (ETM) 775 837
  Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 5/15/19 225 243
  Massachusetts Water Pollution Abatement Trust Revenue 5.250% 8/1/19 1,000 1,095
1,2 Massachusetts Water Resources Authority Revenue TOB PUT 1.100% 7/3/17 LOC 7,250 7,250
1 Massachusetts Water Resources Authority Revenue TOB VRDO 1.000% 5/5/17 LOC 30,030 30,030
1 Massachusetts Water Resources Authority Revenue TOB VRDO 1.000% 5/5/17 (4) LOC 19,300 19,300
  Massachusetts Water Resources Authority Revenue VRDO 0.930% 5/5/17 26,500 26,500
  University of Massachusetts Building Authority Revenue PUT 1.200% 11/24/17 9,390 9,390
          552,360
Michigan (2.3%)        
1 Detroit MI City School District GO TOB VRDO 1.150% 5/5/17 (18) 10,245 10,245
1 Detroit MI City School District GO TOB VRDO 1.760% 5/5/17 (18) 17,845 17,845
  East Lansing MI School District GO 5.000% 5/1/17 650 650
  East Lansing MI School District GO 5.000% 5/1/18 335 348
  East Lansing MI School District GO 5.000% 5/1/19 450 484
1 Great Lakes MI Water Authority Sewer Disposal System Revenue TOB VRDO 1.100% 5/5/17 (4) 6,235 6,235
  Kent Hospital Finance Authority Michigan Revenue (Spectrum Health System) 5.000% 11/15/18 1,500 1,587
  Lansing MI School District GO 4.000% 5/1/18 1,395 1,436
  Lansing MI School District GO 5.000% 5/1/19 765 821
  Lincoln MI Consolidated School District GO 5.000% 5/1/17 (4) 1,000 1,000
  Lincoln MI Consolidated School District GO 5.000% 5/1/19 (4) 1,100 1,183
  Lincoln MI Consolidated School District GO 5.000% 5/1/20 (4) 1,000 1,108
  Livonia MI Public Schools School District GO 4.000% 5/1/17 (15) 1,000 1,000
  Livonia MI Public Schools School District GO 5.000% 5/1/18 (15) 850 883
  Marysville MI Public Schools District GO 4.000% 5/1/19 1,425 1,504
  Michigan Building Authority Revenue 5.000% 4/15/18 2,750 2,857
  Michigan Building Authority Revenue 5.000% 10/15/18 6,020 6,368
  Michigan Building Authority Revenue 5.000% 4/15/19 8,300 8,929
  Michigan Finance Authority Revenue 4.000% 10/1/17 1,155 1,169
  Michigan Finance Authority Revenue 5.000% 10/1/18 1,135 1,192
  Michigan Finance Authority Revenue 5.000% 4/1/19 23,360 24,823
  Michigan Finance Authority Revenue 5.000% 4/1/20 3,800 4,117
  Michigan Finance Authority Revenue 5.000% 4/1/21 7,250 8,002
  Michigan Finance Authority Revenue (Beaumont Health Obligated Group) 4.000% 8/1/18 1,500 1,552
  Michigan Finance Authority Revenue (Beaumont Health Obligated Group) 4.000% 8/1/19 3,000 3,175
  Michigan Finance Authority Revenue (Beaumont Health Obligated Group) 4.000% 8/1/20 1,250 1,348
1 Michigan Finance Authority Revenue (Beaumont Health Obligated Group) TOB VRDO 1.100% 5/5/17 6,060 6,060
  Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/17 1,355 1,363
  Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/17 (14) 5,000 5,035
  Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/17 5,000 5,033
  Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/17 500 503
  Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/18 1,000 1,039
  Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/18 (14) 6,000 6,261
  Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/18 (14) 5,500 5,739
  Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/18 1,150 1,195
  Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/19 (14) 2,855 3,065
  Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/19 (14) 3,500 3,758
  Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/19 800 860
  Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/20 300 329
  Michigan Finance Authority Revenue (Sparrow Obligated Group) 4.000% 11/15/17 350 356
  Michigan Finance Authority Revenue (Sparrow Obligated Group) 4.000% 11/15/18 750 782
  Michigan Finance Authority Revenue (State Clean Water Revolving Fund) 3.000% 10/1/18 1,770 1,821

 

22

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Michigan Finance Authority Revenue (State Clean Water Revolving Fund) 5.000% 10/1/19 2,005 2,194
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/18 250 266
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/19 500 549
Michigan Finance Authority Revenue (Unemployment Obligation Assessment) 5.000% 1/1/18 6,425 6,607
Michigan Finance Authority Revenue (Unemployment Obligation Assessment) 5.000% 7/1/18 10,275 10,771
Michigan Finance Authority Revenue (Unemployment Obligation Assessment) 5.000% 1/1/19 22,000 23,473
Michigan Finance Authority Revenue (Unemployment Obligation Assessment) 5.000% 1/1/20 6,335 6,882
Michigan Finance Authority Revenue (Unemployment Obligation Assessment) 5.000% 7/1/20 4,185 4,539
Michigan GO 5.000% 12/1/17 2,715 2,782
Michigan Higher Education Facilities Authority Revenue (Albion College Project) VRDO 0.920% 5/5/17 LOC 30,665 30,665
Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT 0.950% 2/1/18 (Prere.) 360 359
Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT 0.950% 2/1/18 10,640 10,636
Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT 2.000% 5/30/18 15,000 15,120
Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT 1.400% 6/29/18 11,750 11,768
Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT 1.500% 5/1/20 3,165 3,155
Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT 1.900% 4/1/21 7,000 7,030
Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) VRDO 0.870% 5/5/17 3,000 3,000
Michigan Hospital Finance Authority Revenue (McLaren Health Care) 5.000% 6/1/17 2,100 2,108
Michigan Hospital Finance Authority Revenue (McLaren Health Care) 5.750% 5/15/18 (Prere.) 2,500 2,624
Michigan Strategic Fund Limited Obligation Revenue        
(Facility for Rare Isotope Beams Project at Michigan State University) 4.000% 3/1/18 500 513
Michigan Trunk Line Revenue 5.000% 11/15/17 13,500 13,809
Portage MI Public Schools GO 5.000% 11/1/18 1,180 1,248
Portage MI Public Schools GO 5.000% 5/1/19 525 565
Portage MI Public Schools GO 5.000% 11/1/19 1,465 1,601
Portage MI Public Schools GO 5.000% 11/1/20 750 843
Rockford MI Public Schools GO 3.000% 5/1/18 845 862
Rockford MI Public Schools GO 4.000% 5/1/19 1,360 1,436
Royal Oak MI City School District GO 5.000% 5/1/17 1,300 1,300
Royal Oak MI City School District GO 5.000% 5/1/18 1,000 1,040
1 Saginaw Valley State University Michigan Revenue TOB VRDO 1.070% 5/5/17 (4)(Prere.) 5,000 5,000
St. Johns MI Public Schools School District GO 5.000% 5/1/19 (18) 7,250 7,784
University of Michigan Revenue 5.000% 4/1/19 2,215 2,387
University of Michigan Revenue 5.000% 4/1/20 1,500 1,670
University of Michigan Revenue 5.000% 4/1/20 1,750 1,948
University of Michigan Revenue 5.000% 4/1/21 1,500 1,717
1 Wayne State University Michigan Revenue TOB VRDO 1.050% 5/5/17 2,500 2,500
        343,811
Minnesota (1.2%)        
Hennepin County MN GO 5.000% 12/15/17 4,355 4,469
Hennepin County MN GO 5.000% 12/1/18 4,605 4,900
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 4.000% 1/1/19 300 315
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 4.000% 1/1/20 350 375
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 4.000% 1/1/21 125 137
Minneapolis & St. Paul MN Metropolitan Council Transit GO 5.000% 3/1/18 3,130 3,239
Minneapolis & St. Paul MN Metropolitan Council Transit GO 5.000% 3/1/19 3,230 3,468
Minneapolis & St. Paul MN Metropolitan Council Wastewater GO 5.000% 3/1/19 4,485 4,815
Minneapolis MN GO 2.000% 12/1/18 12,800 13,005
Minneapolis MN Health Care System Revenue (Fairview Health Services) 4.000% 11/15/18 750 781
Minneapolis MN Health Care System Revenue (Fairview Health Services) 5.000% 11/15/19 750 817
Minnesota GO 5.000% 10/1/17 3,545 3,607
Minnesota GO 5.000% 8/1/18 3,295 3,462
Minnesota GO 5.000% 8/1/19 5,940 6,464
Minnesota GO 5.000% 8/1/19 2,275 2,476
Minnesota GO 5.000% 8/1/19 12,920 14,070
Minnesota GO 5.000% 8/1/20 10,750 12,059
Minnesota GO 5.000% 8/1/20 32,940 36,952
Minnesota GO 5.000% 8/1/20 13,070 14,662
Minnesota GO 5.000% 8/1/20 10,000 11,218
Minnesota Public Facilities Authority Revenue (State Revolving Fund) 5.000% 3/1/18 7,860 8,133
Minnesota Public Facilities Authority Revenue (State Revolving Fund) 5.000% 3/1/19 4,125 4,429
Minnesota Public Facilities Authority Revenue (State Revolving Fund) 5.000% 3/1/20 8,665 9,607
Minnesota Public Facilities Authority Water Pollution Control Revenue 5.000% 3/1/19 5,700 6,120
Shakopee MN Healthcare Facilities Revenue (St. Francis Regional Medical Center) 5.000% 9/1/17 465 471
Shakopee MN Healthcare Facilities Revenue (St. Francis Regional Medical Center) 5.000% 9/1/18 885 929
Shakopee MN Healthcare Facilities Revenue (St. Francis Regional Medical Center) 5.000% 9/1/19 555 601
University of Minnesota Revenue 5.000% 12/1/18 1,750 1,862
University of Minnesota Revenue 5.000% 12/1/21 3,920 4,433
        177,876

 

23

 

Short-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
Mississippi (0.2%)        
  Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) 5.000% 7/1/19 1,250 1,337
  Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) 5.000% 7/1/20 1,000 1,093
  Jackson MS Public School District GO 5.000% 4/1/18 500 518
  Jackson MS Public School District GO 5.000% 4/1/19 1,660 1,772
  Jackson MS Public School District GO 5.000% 4/1/20 1,500 1,645
  Mississippi Business Finance Corp. Gulf Opportunity Zone Industrial Development Revenue        
  (Chevron USA Inc. Project) VRDO 0.880% 5/1/17 6,300 6,300
2 Mississippi GO 1.430% 9/1/17 5,390 5,392
2 Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Health System) PUT 2.200% 8/15/20 7,850 7,796
          25,853
Missouri (1.1%)        
  Curators of the University of Missouri System Facilities Revenue 5.000% 11/1/19 5,000 5,493
  Curators of the University of Missouri System Facilities Revenue VRDO 0.880% 5/5/17 47,070 47,070
  Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) 5.000% 12/1/17 2,000 2,048
  Joplin MO Industrial Development Authority Health Facilities Revenue (Freeman Health System) 5.000% 2/15/18 425 438
  Joplin MO Industrial Development Authority Health Facilities Revenue (Freeman Health System) 5.000% 2/15/19 645 686
  Kansas City MO Airport Revenue 5.000% 9/1/17 1,250 1,267
  Kansas City MO Special Obligation Revenue 5.000% 10/1/18 925 974
  Kansas City MO Special Obligation Revenue 5.000% 10/1/18 5,000 5,263
  Kansas City MO Special Obligation Revenue 5.000% 10/1/19 2,510 2,723
  Kansas City MO Special Obligation Revenue 5.000% 10/1/19 2,750 2,984
  Kansas City MO Special Obligation Revenue 5.000% 10/1/20 2,000 2,222
  Kansas City MO Special Obligation Revenue 5.000% 10/1/20 1,260 1,400
  Kansas City MO Special Obligation Revenue (Downtown Arena Project) 5.000% 4/1/18 3,675 3,807
  Kansas City MO Special Obligation Revenue (Downtown Arena Project) 5.000% 4/1/19 2,000 2,139
  Kansas City MO Special Obligation Revenue (Downtown Arena Project) 5.000% 4/1/20 2,660 2,918
  Missouri Environmental Improvement & Energy Resources Authority Revenue 5.000% 1/1/19 1,000 1,067
  Missouri Environmental Improvement & Energy Resources Authority Revenue 5.000% 1/1/20 1,000 1,103
  Missouri Environmental Improvement & Energy Resources Authority Revenue 5.000% 7/1/21 2,880 3,314
  Missouri Environmental Improvement & Energy Resources Authority Revenue        
  (Kansas City Power & Light) 1.250% 7/1/17 4,000 4,002
  Missouri Health & Educational Facilities Authority Revenue (St. Luke’s Health System Inc.) 5.000% 11/15/20 1,440 1,619
  Missouri Highways & Transportation Commission Road Revenue 5.250% 5/1/17 (Prere.) 11,000 11,004
  Missouri Highways & Transportation Commission Road Revenue 5.000% 5/1/19 1,000 1,080
  Missouri Highways & Transportation Commission Road Revenue 5.000% 5/1/20 1,145 1,274
  Missouri Joint Municipal Electric Utility Commission Power Project Revenue 5.000% 1/1/18 2,400 2,464
1,2 North Kansas City MO School District GO TOB PUT 0.970% 5/4/17 17,750 17,750
  Springfield MO Public Utility Revenue 5.000% 8/1/18 16,375 17,207
  St. Louis County MO Rockwood School District GO 4.000% 2/1/20 12,775 13,764
  St. Louis MO Parking Revenue 5.000% 12/15/17 (4) 1,285 1,316
  St. Louis MO Parking Revenue 5.000% 12/15/19 (4) 1,000 1,093
  St. Louis MO Parking Revenue 5.000% 12/15/20 (4) 1,000 1,115
          160,604
Montana (0.0%)        
  Montana Facility Finance Authority Hospital Revenue (Benefis Health System) 4.000% 2/15/18 1,600 1,636
  Montana Facility Finance Authority Hospital Revenue (Benefis Health System) 5.000% 2/15/19 890 947
  Montana Facility Finance Authority Hospital Revenue (Benefis Health System) 5.000% 2/15/20 1,750 1,917
  Montana Facility Finance Authority Revenue (Sisters of Charity of Leavenworth Health System) 5.000% 1/1/18 1,875 1,926
          6,426
Multiple States (1.1%)        
1,2 Eaton Vance Municipal Bond Fund II 1.950% 7/1/19 8,850 8,851
1 Nuveen AMT-Free Municipal Income Fund VRDP VRDO 1.150% 5/5/17 LOC 109,000 109,000
1 Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund VRDP VRDO 0.990% 5/4/17 LOC 36,000 36,000
          153,851
Nebraska (0.5%)        
  Central Plains Energy Project Nebraska Gas Supply Revenue PUT 5.000% 12/1/19 30,000 32,552
  Douglas County NE GO 4.000% 12/15/18 2,500 2,620
  Douglas County NE GO 5.000% 12/15/19 2,605 2,862
  Douglas County NE Hospital Authority No. 3 Health Facilities Revenue        
  (Nebraska Methodist Health System) 3.000% 11/1/17 700 707
  Douglas County NE Hospital Authority No. 3 Health Facilities Revenue        
  (Nebraska Methodist Health System) 4.000% 11/1/18 925 961
  Douglas County NE Housing Authority Revenue (Blair High Residences Project) 1.400% 4/1/19 5,180 5,183
  Lincoln County NE Hospital Authority No. 1 Hospital Revenue        
  (Great Plains Regional Medical Center Project) 4.000% 11/1/17 500 507
  University of Nebraska Facilities Corp. Revenue 5.000% 7/15/18 4,685 4,915
  University of Nebraska Facilities Corp. Revenue 3.000% 7/15/19 5,530 5,758
  University of Nebraska Student Fee Revenue 5.000% 7/1/17 1,105 1,113
  University of Nebraska Student Fee Revenue 4.000% 7/1/18 2,785 2,884

 

24

 

Short-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  University of Nebraska Student Fee Revenue 4.000% 7/1/19 2,395 2,545
  University of Nebraska Student Fee Revenue 5.000% 7/1/21 1,100 1,260
  University of Nebraska Student Health & Recreation Project Revenue 4.000% 5/15/18 1,070 1,104
  University of Nebraska Student Health & Recreation Project Revenue 4.000% 5/15/19 1,110 1,176
          66,147
Nevada (0.7%)        
  Clark County NV School District GO 5.000% 6/15/17 11,105 11,165
  Clark County NV School District GO 5.000% 6/15/17 7,015 7,053
  Clark County NV School District GO 5.000% 6/15/20 48,275 53,636
  Humboldt County NV Pollution Control Revenue (Sierra Pacific Power Co.) PUT 1.250% 6/3/19 1,750 1,747
  Nevada GO 5.000% 4/1/19 16,405 17,648
  Nevada Unemployment Compensation Revenue 5.000% 6/1/17 10,000 10,039
          101,288
New Hampshire (0.2%)        
  New Hampshire Health & Education Facilities Authority Revenue (Elliott Hospital Obligated Group) 5.000% 10/1/18 450 471
  New Hampshire Health & Education Facilities Authority Revenue (Elliott Hospital Obligated Group) 5.000% 10/1/19 600 645
  New Hampshire Health & Education Facilities Authority Revenue (Elliott Hospital Obligated Group) 5.000% 10/1/20 1,265 1,391
1 New Hampshire Health & Education Facilities Authority Revenue (LRGHealthcare) TOB VRDO 0.930% 5/5/17 15,645 15,645
  New Hampshire Health & Education Facilities Authority Revenue        
  (Southern New Hampshire Medical Center) 3.000% 10/1/19 1,230 1,271
  New Hampshire Municipal Bond Bank Revenue 5.000% 8/15/20 (Prere.) 2,005 2,246
          21,669
New Jersey (3.2%)        
  Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue        
  (Cooper Health System Obligated Group) 5.000% 2/15/18 2,775 2,854
  Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue        
  (Cooper Health System Obligated Group) 5.000% 2/15/19 3,050 3,236
1,2 Eaton Vance New Jersey Municipal Bond Fund II 1.900% 7/1/19 8,700 8,701
  Howell Township NJ BAN 2.000% 10/19/17 11,850 11,898
  Monmouth County NJ GO 4.000% 1/15/18 1,350 1,380
  Monmouth County NJ Improvement Authority Revenue (Pooled Government Loan) 5.000% 12/1/20 2,575 2,912
  Monroe Township NJ Board of Education GO 4.000% 8/1/17 1,085 1,093
  Monroe Township NJ Board of Education GO 4.000% 8/1/18 2,070 2,142
  New Jersey Economic Development Authority Revenue 5.000% 3/1/18 14,425 14,765
  New Jersey Economic Development Authority Revenue 5.000% 6/15/19 50,000 52,502
  New Jersey Economic Development Authority Revenue (Cigarette Tax) 5.000% 6/15/17 5,800 5,824
  New Jersey Economic Development Authority Revenue (Cigarette Tax) 5.000% 6/15/18 3,235 3,340
1 New Jersey Economic Development Authority Revenue (School Facilities Construction)        
  TOB VRDO 0.950% 5/5/17 LOC 9,805 9,805
1 New Jersey Economic Development Authority Revenue (School Facilities Construction)        
  TOB VRDO 0.960% 5/5/17 LOC 18,310 18,310
  New Jersey Educational Facilities Authority Revenue (Princeton University) 5.000% 7/1/20 2,000 2,241
  New Jersey Educational Facilities Authority Revenue (Princeton University) 5.000% 7/1/20 1,345 1,507
  New Jersey Educational Facilities Authority Revenue (Princeton University) 5.000% 7/1/21 1,000 1,152
  New Jersey Educational Facilities Authority Revenue (Princeton University) 5.000% 7/1/22 4,980 5,856
  New Jersey Equipment Lease Purchase COP 5.000% 6/15/18 (ETM) 4,550 4,758
  New Jersey Health Care Facilities Financing Authority Revenue (AHS Hospital Corp.) 5.000% 7/1/18 (ETM) 2,390 2,505
  New Jersey Health Care Facilities Financing Authority Revenue (AHS Hospital Corp.) 5.000% 7/1/18 110 115
  New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 7/1/17 2,000 2,014
  New Jersey Health Care Facilities Financing Authority Revenue (Holy Name Medical Center) 4.000% 7/1/17 1,000 1,005
  New Jersey Health Care Facilities Financing Authority Revenue        
  (Palisades Medical Center Obligated Group) 5.000% 7/1/17 (ETM) 230 232
  New Jersey Health Care Facilities Financing Authority Revenue        
  (Palisades Medical Center Obligated Group) 5.000% 7/1/17 1,075 1,083
  New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) 4.000% 7/1/17 1,500 1,507
  New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) 5.000% 7/1/20 2,100 2,315
  New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) 4.000% 7/1/17 5,105 5,129
  New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) 3.000% 7/1/18 1,300 1,323
  New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) 4.000% 7/1/19 1,200 1,258
  New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) 4.000% 7/1/20 1,000 1,061
  New Jersey Health Care Facilities Financing Authority Revenue (Trinitas Hospital Obligated Group) 5.250% 7/1/23 9,010 9,073
  New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) 4.000% 7/1/18 750 774
  New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) 4.000% 7/1/19 2,000 2,113
  New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) 5.000% 7/1/19 1,000 1,078
1 New Jersey Higher Education Assistance Authority Student Loan Revenue TOB VRDO 1.120% 5/5/17 5,000 5,000
  New Jersey Housing & Mortgage Finance Agency Multi-Family Housing Revenue 1.000% 11/1/17 3,100 3,098
  New Jersey Housing & Mortgage Finance Agency Multi-Family Housing Revenue 1.050% 5/1/18 7,000 6,988
  New Jersey Transportation Corp. GAN 5.000% 9/15/17 14,500 14,700
  New Jersey Transportation Corp. GAN 5.000% 9/15/18 16,345 16,998
  New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/19 38,550 40,698

 

25

 

Short-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/20 42,510 45,388
  New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/21 27,350 28,315
  New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/17 5,000 5,024
  New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/18 6,000 6,187
  New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.750% 6/15/18 7,140 7,422
2 New Jersey Transportation Trust Fund Authority Transportation Program Revenue PUT 1.900% 12/15/19 35,000 34,480
  New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 6/15/17 4,200 4,220
  New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 12/15/17 13,425 13,732
  New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 6/15/18 9,070 9,353
1 New Jersey Transportation Trust Fund Authority Transportation System Revenue TOB VRDO 0.950% 5/5/17 LOC 15,350 15,350
1 New Jersey Transportation Trust Fund Authority Transportation System Revenue TOB VRDO 1.170% 5/5/17 10,850 10,850
2 New Jersey Turnpike Authority Revenue PUT 1.580% 1/1/18 5,000 5,003
1 New Jersey Turnpike Authority Revenue TOB VRDO 1.000% 5/5/17 (4) 6,500 6,500
1 New Jersey Turnpike Authority Revenue TOB VRDO 1.050% 5/5/17 LOC 8,635 8,635
  Tobacco Settlement Financing Corp. New Jersey Revenue 5.000% 6/1/17 3,000 3,011
          477,813
New Mexico (0.6%)        
  Farmington NM Pollution Control Revenue (El Paso Electric Co. Four Corners Project) PUT 1.875% 9/1/17 4,500 4,502
2 New Mexico Municipal Energy Acquisition Authority Gas Supply Revenue 1.229% 2/1/18 5,010 5,019
2 New Mexico Municipal Energy Acquisition Authority Gas Supply Revenue 1.278% 8/1/18 5,200 5,191
2 New Mexico Municipal Energy Acquisition Authority Gas Supply Revenue PUT 1.408% 8/1/19 56,525 56,328
  New Mexico Severance Tax Revenue 4.000% 7/1/18 (Prere.) 16,245 16,820
          87,860
New York (15.7%)        
1 Battery Park City Authority New York Revenue TOB VRDO 0.920% 5/1/17 LOC 19,600 19,600
  Binghamton NY City School District BAN 1.500% 6/30/17 5,600 5,603
  Binghamton NY City School District BAN 2.500% 11/17/17 6,000 6,047
  Brookhaven NY Local Development Corp. Revenue (Jeffersons Ferry Project) 2.000% 11/1/17 500 502
  Brookhaven NY Local Development Corp. Revenue (Jeffersons Ferry Project) 4.000% 11/1/18 580 601
  Brookhaven NY Local Development Corp. Revenue (Jeffersons Ferry Project) 5.000% 11/1/19 325 351
  Brookhaven NY Local Development Corp. Revenue (Jeffersons Ferry Project) 5.000% 11/1/20 650 717
  Brookhaven NY Local Development Corp. Revenue (Jeffersons Ferry Project) 5.000% 11/1/21 500 562
  Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) 5.000% 7/15/17 250 252
  Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) 5.000% 7/15/20 500 549
  Buffalo & Erie County NY Industrial Land Development Corp. Revenue 5.000% 11/15/18 1,000 1,049
  Buffalo & Erie County NY Industrial Land Development Corp. Revenue 5.000% 11/15/19 680 732
  Central Islip NY Union Free School District BAN 2.000% 8/16/17 8,500 8,520
  Clarence NY BAN 2.000% 7/21/17 6,200 6,212
  Dobbs Ferry NY Union Free School District BAN 2.000% 7/28/17 3,800 3,807
1,2 Eaton Vance New York Municipal Bond Fund II 1.750% 7/1/19 5,750 5,751
  Erie County NY Industrial Development Agency School Facility Revenue        
  (Buffalo City School District Project) 5.000% 5/1/17 3,435 3,436
  Frontier NY Central School District BAN 2.000% 6/27/17 26,025 26,058
  Guilderland NY Central School District BAN 2.000% 7/14/17 3,268 3,273
1 Hudson Yards Infrastructure Corp. New York Revenue TOB VRDO 0.950% 5/5/17 LOC 6,065 6,065
  Johnson City NY Central School District BAN 2.000% 6/22/17 8,070 8,079
  Lewiston-Porter NY Central School District BAN 2.000% 6/15/17 9,000 9,009
  Long Island NY Power Authority Electric System Revenue 5.000% 5/1/17 1,000 1,000
  Long Island NY Power Authority Electric System Revenue 5.000% 9/1/17 9,950 10,087
2 Long Island NY Power Authority Electric System Revenue PUT 1.568% 11/1/18 17,000 17,048
  Monroe County NY Industrial Development Agency School Facility Revenue        
  (Rochester Schools Modernization Project) 5.000% 5/1/17 1,450 1,451
  Monroe County NY Industrial Development Agency School Facility Revenue        
  (Rochester Schools Modernization Project) 5.000% 5/1/17 3,730 3,731
  Monroe County NY Industrial Development Agency School Facility Revenue        
  (Rochester Schools Modernization Project) 5.000% 5/1/18 2,000 2,083
  Mount Vernon City School District BAN 2.000% 8/18/17 8,560 8,577
  Nassau County NY Local Economic Assistance & Financing Corp. Revenue        
  (Catholic Health Services) 5.000% 7/1/19 1,305 1,404
  Nassau County NY Local Economic Assistance & Financing Corp. Revenue        
  (South Nassau Communities Hospital) 5.000% 7/1/17 1,320 1,329
  Nassau County NY Local Economic Assistance & Financing Corp. Revenue        
  (Winthrop University Hospital Association Project) 4.000% 7/1/17 1,500 1,507
  Nassau County NY Local Economic Assistance Corp. Revenue        
  (Catholic Health Services of Long Island Obligated Group Project) 3.000% 7/1/17 900 903
  Nassau County NY Local Economic Assistance Corp. Revenue        
  (Catholic Health Services of Long Island Obligated Group Project) 4.000% 7/1/18 800 826
  Nassau County NY Local Economic Assistance Corp. Revenue        
  (Catholic Health Services of Long Island Obligated Group Project) 4.000% 7/1/19 375 396
  New Rochelle NY School District TAN 2.000% 6/29/17 6,000 6,009
  New York City NY GO 1.050% 5/3/17 (4) 23,000 23,000

 

26

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York City NY GO 1.250% 5/4/17 (4) 43,425 43,425
New York City NY GO 0.200% 5/5/17 (12) 3,100 3,100
New York City NY GO 1.130% 5/5/17 (4) 6,975 6,975
New York City NY GO 0.990% 5/8/17 (4) 11,500 11,500
New York City NY GO 1.350% 5/8/17 (12) 36,050 36,050
New York City NY GO 4.000% 8/1/17 5,705 5,751
New York City NY GO 5.000% 8/1/17 10,000 10,106
New York City NY GO 5.000% 8/1/17 33,680 34,037
New York City NY GO 5.000% 8/1/17 (ETM) 445 450
New York City NY GO 5.000% 8/1/17 3,860 3,901
New York City NY GO 5.000% 8/1/17 34,730 35,099
New York City NY GO 5.000% 8/1/17 20,000 20,212
New York City NY GO 5.000% 8/1/17 3,715 3,754
New York City NY GO 5.000% 8/1/17 7,280 7,357
New York City NY GO 5.000% 8/1/18 3,250 3,412
New York City NY GO 5.000% 8/1/19 15,425 16,762
New York City NY GO 5.000% 8/1/19 6,190 6,727
New York City NY GO 5.000% 8/1/21 12,180 13,983
New York City NY GO 5.000% 8/1/21 1,045 1,200
New York City NY GO VRDO 0.880% 5/1/17 LOC 3,900 3,900
New York City NY GO VRDO 0.890% 5/1/17 6,800 6,800
New York City NY GO VRDO 0.900% 5/5/17 LOC 26,305 26,305
New York City NY GO VRDO 0.900% 5/5/17 LOC 15,050 15,050
New York City NY GO VRDO 0.900% 5/5/17 LOC 55,000 55,000
New York City NY GO VRDO 0.900% 5/5/17 LOC 50,340 50,340
New York City NY Housing Development Corp. Multi-Family Housing Revenue 0.850% 11/1/17 6,215 6,212
New York City NY Housing Development Corp. Multi-Family Housing Revenue 0.850% 11/1/17 2,000 2,000
New York City NY Housing Development Corp. Multi-Family Housing Revenue 1.250% 5/1/18 12,010 12,012
New York City NY Housing Development Corp. Multi-Family Housing Revenue 1.250% 5/1/18 2,390 2,390
New York City NY Housing Development Corp. Multi-Family Housing Revenue 1.350% 5/1/18 10,000 10,001
New York City NY Housing Development Corp. Multi-Family Housing Revenue 1.250% 11/1/18 27,500 27,506
New York City NY Housing Development Corp. Multi-Family Housing Revenue 1.500% 11/1/18 13,090 13,093
New York City NY Housing Development Corp. Multi-Family Housing Revenue 1.500% 11/1/18 17,105 17,109
New York City NY Housing Development Corp. Multi-Family Housing Revenue 1.650% 5/1/19 3,005 3,006
New York City NY Housing Development Corp. Multi-Family Housing Revenue 1.650% 5/1/19 24,685 24,693
New York City NY Housing Development Corp. Multi-Family Housing Revenue PUT 1.000% 10/26/17 4,705 4,705
New York City NY Housing Development Corp. Sustainable Neighborhood Revenue 1.300% 11/1/19 13,500 13,494
New York City NY Housing Development Corp. Sustainable Neighborhood Revenue 1.375% 5/1/20 5,750 5,756
New York City NY Housing Development Corp. Sustainable Neighborhood Revenue PUT 1.450% 4/29/20 4,000 3,981
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/19 3,100 3,182
1 New York City NY Municipal Water Finance Authority Water & Sewer System Revenue        
TOB VRDO 0.980% 5/5/17 18,500 18,500
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.880% 5/1/17 7,700 7,700
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.880% 5/1/17 15,345 15,345
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.860% 5/5/17 6,800 6,800
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.890% 5/5/17 12,695 12,695
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.900% 5/5/17 42,560 42,560
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.920% 5/5/17 7,835 7,835
New York City NY Transitional Finance Authority Future Tax Revenue 1.250% 5/4/17 (4) 7,600 7,600
New York City NY Transitional Finance Authority Future Tax Revenue 1.350% 5/5/17 (4) 64,275 64,275
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/17 (ETM) 12,005 12,259
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/17 14,265 14,564
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/17 (Prere.) 11,805 12,052
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 8/1/19 (ETM) 1,300 1,414
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/19 18,700 20,491
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/19 2,110 2,312
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/20 6,825 7,698
1 New York City NY Transitional Finance Authority Future Tax Revenue TOB VRDO 0.990% 5/1/17 13,145 13,145
New York City NY Transitional Finance Authority Future Tax Revenue VRDO 0.870% 5/1/17 8,200 8,200
New York City NY Transitional Finance Authority Future Tax Revenue VRDO 0.880% 5/1/17 5,000 5,000
New York City NY Transitional Finance Authority Future Tax Revenue VRDO 0.860% 5/5/17 LOC 16,400 16,400
New York City NY Transitional Finance Authority Future Tax Revenue VRDO 0.870% 5/5/17 16,300 16,300
New York City NY Trust for Cultural Resources Revenue (Museum of Modern Art) 4.000% 8/1/17 (ETM) 6,250 6,300
1 New York Liberty Development Corp. Revenue (Goldman Sachs Headquarters) TOB VRDO 1.200% 5/5/17 5,000 5,000
1 New York Liberty Development Corp. Revenue (Port Authority Consolidated Bonds) TOB VRDO 0.950% 5/5/17 37,805 37,805
1 New York Liberty Development Corp. Revenue (Port Authority Consolidated Bonds) TOB VRDO 0.980% 5/5/17 27,435 27,435
2 New York Metropolitan Transportation Authority Revenue 1.488% 11/1/17 2,950 2,957
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/17 1,190 1,217
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/17 12,500 12,784
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/18 3,500 3,713
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/18 4,055 4,301

 

27

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 2.000% 6/1/17 5,000 5,005
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 2.000% 6/1/17 19,065 19,084
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 4.000% 6/1/17 67,725 67,919
2 New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT 1.280% 6/1/17 19,905 19,905
2 New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT 1.270% 11/1/18 2,000 2,000
2 New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT 1.350% 11/1/19 2,875 2,876
2 New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT 1.480% 11/1/19 21,000 21,071
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.000% 11/15/17 1,200 1,227
1 New York Metropolitan Transportation Authority Revenue (Transit Revenue) TOB VRDO 1.000% 5/5/17 11,250 11,250
2 New York Metropolitan Transportation Authority Revenue PUT 1.008% 11/1/17 27,310 27,303
2 New York Metropolitan Transportation Authority Revenue PUT 1.260% 11/15/17 49,600 49,572
2 New York Metropolitan Transportation Authority Revenue PUT 1.278% 5/15/18 (4) 10,750 10,752
2 New York Metropolitan Transportation Authority Revenue PUT 0.959% 11/1/19 12,320 12,282
2 New York Metropolitan Transportation Authority Revenue PUT 1.359% 2/1/20 9,500 9,517
New York Metropolitan Transportation Authority Revenue PUT 5.000% 2/15/20 69,000 75,476
2 New York Metropolitan Transportation Authority Revenue PUT 1.248% 4/6/20 (4) 6,500 6,496
2 New York Metropolitan Transportation Authority Revenue PUT 1.480% 6/1/20 87,500 87,410
1 New York Metropolitan Transportation Authority Revenue TOB VRDO 1.020% 5/5/17 12,500 12,500
New York Metropolitan Transportation Authority Revenue VRDO 0.870% 5/5/17 LOC 11,500 11,500
New York State Dormitory Authority Revenue (Columbia University) 5.000% 10/1/19 4,275 4,683
New York State Dormitory Authority Revenue (Columbia University) 5.000% 10/1/20 1,125 1,270
New York State Dormitory Authority Revenue (New York University Hospitals Center) 5.000% 7/1/17 1,000 1,007
New York State Dormitory Authority Revenue (New York University Hospitals Center) 5.000% 7/1/18 1,000 1,044
New York State Dormitory Authority Revenue (North Shore - Long Island Jewish Obligated Group) 5.000% 5/1/17 2,000 2,001
New York State Dormitory Authority Revenue (North Shore - Long Island Jewish Obligated Group) 5.000% 5/1/18 2,500 2,599
New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) 4.000% 12/1/17 6,200 6,281
New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) 4.000% 12/1/18 1,300 1,341
New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) 4.000% 12/1/19 1,500 1,569
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/19 1,000 1,071
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/19 16,215 17,360
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/19 10,120 10,835
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 6/15/19 9,765 10,574
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/20 4,750 5,268
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/21 12,805 14,581
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/21 8,000 9,110
1 New York State Dormitory Authority Revenue (Personal Income Tax) TOB VRDO 0.930% 5/5/17 565 565
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/17 (15) 500 509
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/17 3,445 3,505
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/17 (4) 3,300 3,358
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/18 (15) 1,000 1,057
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/18 2,160 2,281
New York State Dormitory Authority Revenue (State University Dormitory Facilities) 5.000% 7/1/17 6,865 6,915
New York State Dormitory Authority Revenue (Yeshiva University) 5.000% 11/1/18 (ETM) 370 390
New York State Dormitory Authority Revenue (Yeshiva University) 5.000% 11/1/18 630 650
New York State Dormitory Authority Revenue (Yeshiva University) 5.000% 11/1/19 (ETM) 600 651
New York State Dormitory Authority Revenue (Yeshiva University) 5.000% 11/1/19 1,025 1,073
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/18 23,100 23,939
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/18 39,070 40,490
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/19 31,555 33,906
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/19 24,300 26,120
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/20 15,085 16,874
New York State Housing Finance Agency Affordable Housing Revenue 0.850% 11/1/17 10,000 10,000
New York State Housing Finance Agency Affordable Housing Revenue 0.900% 11/1/17 3,000 2,997
New York State Housing Finance Agency Affordable Housing Revenue 1.150% 5/1/18 4,190 4,194
New York State Housing Finance Agency Affordable Housing Revenue 1.150% 5/1/18 3,900 3,903
New York State Housing Finance Agency Affordable Housing Revenue 1.150% 5/1/18 1,250 1,251
New York State Housing Finance Agency Affordable Housing Revenue 1.250% 5/1/18 2,500 2,503
New York State Housing Finance Agency Affordable Housing Revenue 1.250% 5/1/18 6,250 6,258
New York State Housing Finance Agency Affordable Housing Revenue 1.900% 5/1/21 14,210 14,272
New York State Housing Finance Agency Housing Revenue 0.900% 11/1/17 5,000 4,999
New York State Housing Finance Agency Housing Revenue (10 Barclay Street) VRDO 0.860% 5/5/17 LOC 5,900 5,900
New York State Housing Finance Agency Housing Revenue (625 W 57th St) VRDO 0.980% 5/5/17 LOC 6,645 6,645
New York State Housing Finance Agency Revenue 1.050% 5/1/19 850 848
New York State Housing Finance Agency Revenue 1.100% 11/1/19 1,000 994
New York State Housing Finance Agency Revenue 1.250% 5/1/20 7,500 7,477
New York State Housing Finance Agency Revenue (Riverside Center) VRDO 0.900% 5/5/17 LOC 5,475 5,475
New York State Local Government Assistance Corp. Revenue 5.000% 4/1/19 2,365 2,455
New York State Thruway Authority Revenue 5.000% 1/1/18 1,500 1,540
New York State Thruway Authority Revenue 5.000% 5/1/19 41,875 45,064
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/19 3,900 4,188

 

28

 

Short-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/21 19,195 21,907
  New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/21 13,200 15,065
  New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/22 9,765 11,395
  New York State Urban Development Corp. Revenue (Service Contract) 5.250% 1/1/20 1,500 1,611
  North Syracuse NY Central School District BAN 2.000% 8/11/17 4,448 4,457
  North Syracuse NY Central School District RAN 2.000% 6/28/17 10,000 10,012
1,2 Nuveen New York AMT-Free Municipal Income Fund iMTP 1.520% 10/1/17 17,500 17,501
1 Nuveen New York AMT-Free Quality Municipal Income Fund VRDP VRDO 0.980% 5/5/17 LOC 36,000 36,000
1 Nuveen New York AMT-Free Quality Municipal Income Fund VRDP VRDO 1.130% 5/5/17 LOC 23,500 23,500
  Onondaga County NY Civic Development Corp. Revenue (St. Joseph’s Hospital & Health Center) 5.000% 7/1/19 (ETM) 500 530
  Onondaga County NY Trust For Cultural Resources Revenue (Syracuse University Project) VRDO 0.900% 5/5/17 LOC 12,125 12,125
  Oyster Bay NY GO 3.250% 8/1/17 4,155 4,161
  Port Authority of New York & New Jersey Revenue 5.000% 8/15/18 (4) 2,855 2,891
  Schenectady NY BAN 2.000% 5/11/17 41,962 41,975
  Tobacco Settlement Financing Corp. New York Revenue 2.000% 6/1/17 6,000 6,005
  Tobacco Settlement Financing Corp. New York Revenue 3.000% 6/1/18 9,625 9,787
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/18 1,000 1,033
  Tobacco Settlement Financing Corp. New York Revenue 4.000% 6/1/19 6,000 6,278
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/20 1,500 1,605
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/20 5,000 5,462
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/21 1,000 1,081
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/21 3,435 3,850
2 Triborough Bridge & Tunnel Authority New York Revenue 1.250% 1/1/18 (4) 5,000 4,997
2 Triborough Bridge & Tunnel Authority New York Revenue 1.340% 1/1/19 (4) 1,800 1,799
2 Triborough Bridge & Tunnel Authority New York Revenue PUT 1.059% 2/1/19 10,350 10,256
  Triborough Bridge & Tunnel Authority New York Revenue VRDO 0.910% 5/5/17 LOC 26,485 26,485
  Westchester County NY GO 5.000% 1/1/19 500 534
  Westchester County NY GO 5.000% 1/1/20 3,350 3,697
  Westchester County NY GO 5.000% 1/1/21 1,550 1,762
  Windsor NY Central School District BAN 1.500% 8/18/17 7,250 7,253
  Yonkers NY GO 3.000% 7/1/17 1,005 1,008
  Yonkers NY GO 3.000% 8/15/17 510 513
          2,314,639
North Carolina (2.1%)        
  Cape Fear NC Public Utility Authority Water & Sewer System Revenue 5.000% 8/1/19 2,750 2,994
  Cape Fear NC Public Utility Authority Water & Sewer System Revenue 5.000% 8/1/20 3,345 3,752
  Charlotte NC GO 5.000% 7/1/17 2,000 2,015
  Charlotte NC GO 5.000% 12/1/17 5,335 5,466
  Charlotte NC GO 3.000% 7/1/18 3,015 3,089
  Charlotte NC GO 5.000% 7/1/18 5,000 5,240
  Charlotte NC GO 5.000% 12/1/18 4,000 4,256
  Charlotte NC GO 5.000% 7/1/22 3,465 4,070
  Charlotte NC Water & Sewer System Revenue 5.000% 12/1/19 1,350 1,486
  Charlotte NC Water & Sewer System Revenue 5.000% 7/1/21 2,310 2,585
  Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue        
  (Carolinas HealthCare System) 4.000% 1/15/18 4,105 4,193
  Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue        
  (Carolinas HealthCare System) 5.000% 1/15/19 3,575 3,811
1 Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue        
  (Carolinas HealthCare System) TOB VRDO 0.930% 5/5/17 10,805 10,805
  Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue        
  (Carolinas HealthCare System) VRDO 0.870% 5/5/17 LOC 7,400 7,400
  Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue        
  (Carolinas HealthCare System) VRDO 0.920% 5/5/17 47,675 47,675
  East Carolina University North Carolina Revenue 5.000% 10/1/19 3,525 3,855
  East Carolina University North Carolina Revenue 5.000% 10/1/20 3,660 4,113
  Fayetteville NC Public Works Commission Revenue 5.000% 3/1/19 3,500 3,756
  Guilford County NC GO 4.000% 2/1/20 3,360 3,624
1 Johnston NC Memorial Hospital Authority Revenue TOB VRDO 0.960% 5/5/17 (4) 4,920 4,920
1 Johnston NC Memorial Hospital Authority Revenue TOB VRDO 0.970% 5/5/17 (4) 9,635 9,635
  Mecklenburg County NC GO 5.000% 8/1/18 4,000 4,205
  Mecklenburg County NC GO 5.000% 12/1/18 4,780 5,087
  Mecklenburg County NC GO 5.000% 3/1/19 5,000 5,368
  Mecklenburg County NC GO 4.000% 12/1/19 1,200 1,290
  New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) 4.000% 10/1/17 2,585 2,618
  New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) 4.000% 10/1/18 1,480 1,539
  North Carolina Capital Facilities Finance Agency Solid Waste Disposal Revenue        
  (Republic Services, Inc. Project) PUT 1.050% 6/1/17 23,750 23,750
  North Carolina Eastern Municipal Power Agency Power Systems Revenue 5.000% 1/1/19 (ETM) 2,245 2,393
  North Carolina GO 5.000% 3/1/18 4,770 4,931
  North Carolina GO 5.000% 3/1/19 3,865 4,150

 

29

 

Short-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  North Carolina GO 5.000% 5/1/19 1,525 1,647
  North Carolina GO 5.000% 5/1/19 6,835 7,381
  North Carolina GO 5.000% 6/1/19 6,145 6,655
  North Carolina GO 5.000% 5/1/20 1,000 1,114
  North Carolina GO 5.000% 5/1/20 2,300 2,563
  North Carolina GO 5.000% 6/1/20 2,840 3,172
  North Carolina GO 5.000% 5/1/22 5,000 5,858
  North Carolina Medical Care Commission Health Care Facilities Revenue        
  (Cape Fear Valley Health System) 4.000% 10/1/17 3,725 3,772
  North Carolina Medical Care Commission Health Care Facilities Revenue        
  (Cape Fear Valley Health System) 5.000% 10/1/18 3,780 3,978
2 North Carolina Medical Care Commission Health Care Facilities Revenue        
  (Wake Forest Baptist Obligated Group) PUT 1.640% 12/1/17 7,655 7,644
  North Carolina Medical Care Commission Hospital Revenue (Moses Cone Health System) PUT 1.250% 11/24/17 12,625 12,625
  North Carolina Medical Care Commission Hospital Revenue        
  (Southeastern Regional Medical Center) 4.000% 6/1/17 620 622
  North Carolina Medical Care Commission Hospital Revenue        
  (Southeastern Regional Medical Center) 4.000% 6/1/18 500 515
  North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) 5.000% 10/1/20 670 714
  North Carolina Turnpike Authority Revenue 5.000% 1/1/20 650 708
  North Carolina Turnpike Authority Revenue 5.000% 1/1/21 700 781
  North Carolina Turnpike Authority Revenue 5.000% 1/1/22 500 568
  Orange County NC Public Facilities Co. Revenue 5.000% 10/1/18 1,695 1,793
1,2 Raleigh NC Combined Enterprise System Revenue TOB PUT 0.970% 5/4/17 8,230 8,230
  Wake County NC GO 5.000% 9/1/17 9,000 9,129
  Wake County NC GO 5.000% 5/1/18 1,050 1,093
  Wake County NC GO 5.000% 3/1/19 22,555 24,216
  Wake County NC GO 5.000% 3/1/21 1,645 1,877
  Wake County NC GO 5.000% 3/1/21 2,395 2,732
  Wake County NC GO 5.000% 4/1/21 2,400 2,744
          306,202
North Dakota (0.0%)        
1 North Dakota Public Finance Authority Revenue TOB VRDO 0.990% 5/5/17 5,095 5,095
 
Ohio (1.8%)        
  Akron OH Bath & Copley Joint Township Hospital District Revenue        
  (Summa Health System Obligated Group) 5.000% 11/15/17 1,000 1,019
  Akron OH Bath & Copley Joint Township Hospital District Revenue        
  (Summa Health System Obligated Group) 5.000% 11/15/20 1,460 1,601
  Akron OH Income Tax Revenue 2.500% 12/13/17 11,000 11,084
  Akron OH Income Tax Revenue (Packaging Facilities) 5.000% 12/1/17 2,875 2,944
  Akron OH Income Tax Revenue (Packaging Facilities) 5.000% 12/1/18 1,145 1,216
  Akron OH Income Tax Revenue (Packaging Facilities) 5.000% 12/1/19 1,590 1,741
  American Municipal Power Ohio Inc. Revenue 5.250% 2/15/18 (Prere.) 1,595 1,650
  American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) 5.000% 2/15/18 1,480 1,527
  American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) 5.250% 2/15/18 (Prere.) 2,135 2,209
  American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) PUT 5.000% 8/15/19 24,250 25,865
  Central Ohio Solid Waste Authority GO 4.000% 12/1/17 (ETM) 150 153
  Central Ohio Solid Waste Authority GO 4.000% 12/1/17 1,525 1,552
  Cleveland OH Airport System Revenue 5.000% 1/1/18 (4) 340 349
  Cleveland OH Airport System Revenue 5.000% 1/1/19 (4) 410 435
  Cleveland OH Airport System Revenue 5.000% 1/1/20 (4) 430 469
  Columbus OH GO 5.000% 2/15/18 10,000 10,328
  Columbus OH GO 5.000% 8/15/18 1,250 1,316
  Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) 3.000% 12/1/17 470 476
  Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) 5.000% 12/1/18 1,000 1,062
  Fairfield County OH Hospital Facilities Revenue (Fairfield Medical Center) 5.000% 6/15/18 1,000 1,034
  Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) PUT 5.000% 7/12/17 7,615 7,676
  Hamilton County OH Healthcare Revenue (Life Enriching Communities) 4.000% 1/1/18 280 285
  Hamilton County OH Healthcare Revenue (Life Enriching Communities) 4.000% 1/1/19 560 581
  Hamilton County OH Healthcare Revenue (Life Enriching Communities) 4.000% 1/1/20 575 604
  Hamilton County OH Hospital Facilities Revenue (UC Health) 4.000% 2/1/18 525 536
1 Hamilton County OH Hospital Facilities Revenue (UC Health) TOB VRDO 1.020% 5/5/17 LOC 11,395 11,395
  Hamilton County OH Sales Tax Revenue 4.000% 12/1/18 1,500 1,571
  Hamilton County OH Sales Tax Revenue 5.000% 12/1/18 2,900 3,082
  Hamilton County OH Sales Tax Revenue 5.000% 12/1/19 3,000 3,293
1 JobsOhio Beverage System Statewide Liquor Profits Revenue TOB VRDO 1.020% 5/5/17 23,200 23,200
  Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) 5.000% 8/15/19 810 874
1 Montgomery County OH Revenue (Catholic Health Initiatives) TOB VRDO 1.080% 5/5/17 (Prere.) 10,460 10,460
1 Montgomery County OH Revenue (Miami Valley Hospital) TOB VRDO 1.050% 5/5/17 4,000 4,000
  Newark OH BAN 2.000% 11/7/17 2,050 2,057

 

30

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Ohio Air Quality Development Authority Pollution Control Revenue        
(FirstEnergy Generation Corp. Project) PUT 3.100% 3/1/19 3,000 1,320
Ohio Common Schools GO 5.000% 3/15/18 10,860 11,252
Ohio Common Schools GO 5.000% 9/15/20 5,000 5,627
Ohio GO VRDO 0.910% 5/5/17 1,585 1,585
Ohio Higher Education GO 5.000% 5/1/20 10,520 11,709
Ohio Higher Education GO 5.000% 5/1/21 11,050 12,637
Ohio Higher Education GO 5.000% 5/1/22 5,800 6,779
3 Ohio Higher Educational Facility Commission Revenue (Denison University Project) 5.000% 11/1/19 1,500 1,617
3 Ohio Higher Educational Facility Commission Revenue (Denison University Project) 5.000% 11/1/20 1,500 1,660
3 Ohio Higher Educational Facility Commission Revenue (Denison University Project) 5.000% 11/1/21 1,045 1,180
Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO 1.120% 5/1/17 7,250 7,250
Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO 1.120% 5/1/17 8,750 8,750
Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO 1.120% 5/1/17 8,375 8,375
Ohio Revitalization Revenue 5.000% 4/1/18 (Prere.) 1,000 1,038
Ohio Solid Waste Revenue (Republic Services Inc. Project) PUT 1.050% 6/1/17 3,350 3,350
1 Ohio Water Development Authority Fresh Water Revenue TOB VRDO 1.000% 5/5/17 16,825 16,825
Ohio Water Development Authority Pollution Control Revenue        
(FirstEnergy Generation Corp. Project) 3.000% 5/15/19 10,540 4,638
Ohio Water Development Authority Pollution Control Revenue (Water Quality) 5.000% 6/1/18 6,660 6,960
Ohio Water Development Authority Pollution Control Revenue (Water Quality) 5.000% 12/1/18 3,880 4,131
Ross County OH Hospital Facilities Revenue (Adena Health System) 5.250% 12/1/17 2,215 2,265
Ross County OH Hospital Facilities Revenue (Adena Health System) 5.250% 12/1/18 1,510 1,593
Sandusky OH BAN 2.000% 10/5/17 1,500 1,505
Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) 5.000% 2/15/18 750 773
Toledo OH GO 4.000% 12/1/18 (4) 1,880 1,963
University of Akron Ohio General Receipts Revenue 4.000% 1/1/19 1,000 1,047
University of Cincinnati Ohio General Receipts Revenue 5.000% 6/1/17 2,180 2,188
Warren County OH Health Care Facilities Improvement Revenue (Otterbein Homes Project) 5.000% 7/1/18 1,555 1,623
Wright State University Ohio General Revenue 5.000% 5/1/17 1,195 1,195
        268,479
Oklahoma (0.3%)        
Cleveland County OK Educational Facilities Authority Lease Revenue        
(Norman Public Schools Project) 5.000% 7/1/17 760 765
Cleveland County OK Educational Facilities Authority Lease Revenue        
(Norman Public Schools Project) 5.000% 7/1/18 1,325 1,383
Cleveland County OK Educational Facilities Authority Lease Revenue        
(Norman Public Schools Project) 5.000% 7/1/19 2,250 2,425
Comanche County OK Hospital Authority Revenue 5.000% 7/1/18 2,990 3,065
Norman OK Regional Hospital Authority Revenue 3.000% 9/1/17 1,000 1,006
Norman OK Regional Hospital Authority Revenue 4.000% 9/1/18 1,000 1,034
Norman OK Regional Hospital Authority Revenue 4.000% 9/1/19 2,000 2,108
Norman OK Regional Hospital Authority Revenue 5.000% 9/1/20 1,170 1,288
Oklahoma City OK GO 4.000% 3/1/18 2,480 2,544
Oklahoma City OK GO 4.000% 3/1/19 2,775 2,927
Oklahoma City OK GO 5.000% 3/1/19 4,080 4,377
Oklahoma Development Finance Authority Health System Revenue        
(Integris Health Obligated Group) 5.500% 8/15/18 (Prere.) 7,000 7,410
Oklahoma GO 5.000% 7/15/18 1,480 1,553
Oklahoma GO 5.000% 7/15/18 4,165 4,371
Oklahoma Water Resources Board Revolving Fund Revenue 5.000% 4/1/19 3,000 3,229
Oklahoma Water Resources Board Revolving Fund Revenue 5.000% 4/1/21 1,405 1,605
Tulsa County OK Industrial Authority Housing Revenue        
(St. Thomas Square & Worthington Townhouse Apartment Project) PUT 1.250% 8/1/18 5,750 5,750
        46,840
Oregon (0.7%)        
Multnomah County OR School District GO 5.000% 6/15/17 10,000 10,055
Multnomah County OR School District GO 5.000% 6/15/18 10,000 10,461
1 Oregon Department of Transportation Highway User Tax Revenue TOB VRDO 1.000% 5/5/17 5,000 5,000
Oregon Facilities Authority Revenue (PeaceHealth) VRDO 0.910% 5/5/17 LOC 5,200 5,200
2 Oregon Facilities Authority Revenue (Providence Health & Services) PUT 1.780% 10/1/17 8,750 8,750
Oregon GO 5.000% 5/1/18 1,500 1,562
Oregon GO 5.000% 5/1/18 1,125 1,172
Oregon GO 5.000% 11/1/18 3,750 3,980
Oregon GO 3.000% 5/1/19 2,500 2,600
Oregon GO 3.000% 6/1/19 1,000 1,041
Oregon GO 3.000% 11/1/19 1,000 1,048
Oregon GO 5.000% 5/1/20 2,725 3,033
3 Oregon GO 5.000% 8/1/20 3,300 3,698
Oregon GO 5.000% 11/1/20 3,100 3,502
3 Oregon GO 5.000% 8/1/21 1,750 2,011

 

31

 

Short-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Oregon GO 4.000% 11/1/21 3,610 4,017
  Oregon Health & Science University Revenue 5.000% 7/1/18 1,000 1,046
  Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue 4.000% 11/1/17 9,820 9,847
  Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue 3.000% 11/1/18 4,490 4,498
  Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue 5.000% 11/1/18 13,520 13,569
  Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue 3.000% 11/1/19 4,835 4,933
  Washington County OR GO 5.000% 3/1/19 2,365 2,541
          103,564
Pennsylvania (4.9%)        
  Allegheny County PA Hospital Development Authority Revenue        
  (University of Pittsburgh Medical Center) 5.000% 5/15/18 1,000 1,042
  Allegheny County PA Hospital Development Authority Revenue        
  (University of Pittsburgh Medical Center) 1.410% 2/1/21 5,850 5,849
1,2 Allegheny County PA Hospital Development Authority Revenue        
  (University of Pittsburgh Medical Center) TOB PUT 1.100% 6/1/17 LOC 10,000 10,000
1,2 Allegheny County PA Hospital Development Authority Revenue        
  (University of Pittsburgh Medical Center) TOB PUT 1.100% 7/3/17 LOC 10,075 10,075
1 Allegheny County PA Hospital Development Authority Revenue        
  (University of Pittsburgh Medical Center) TOB VRDO 0.920% 5/1/17 LOC 3,700 3,700
1 Allegheny County PA Hospital Development Authority Revenue        
  (University of Pittsburgh Medical Center) TOB VRDO 0.920% 5/1/17 LOC 19,310 19,310
  Beaver County PA Industrial Development Authority Pollution Control Revenue        
  (FirstEnergy Generation Project) PUT 2.500% 6/1/17 10,000 7,575
1 Berks County PA Municipal Authority Revenue (Reading Hospital & Medical Center Project)        
  TOB VRDO 0.930% 5/5/17 9,750 9,750
1 Berks County PA Municipal Authority Revenue (Reading Hospital & Medical Center Project)        
  TOB VRDO 0.930% 5/5/17 8,420 8,420
2 Bethlehem PA Area School District Authority Revenue PUT 1.125% 1/1/18 3,990 3,992
  Bethlehem PA Water Authority Revenue 5.000% 11/15/17 (15) 650 664
  Bethlehem PA Water Authority Revenue 5.000% 11/15/18 (15) 500 528
  Bucks County PA GO 5.000% 5/1/18 500 521
  Bucks County PA GO 5.000% 5/1/19 1,500 1,620
  Bucks County PA Water & Sewer Authority Water System Revenue 1.500% 6/1/17 (15) 750 750
  Bucks County PA Water & Sewer Authority Water System Revenue 4.000% 6/1/17 (15) 885 887
  Bucks County PA Water & Sewer Authority Water System Revenue 2.000% 6/1/18 (15) 500 505
  Bucks County PA Water & Sewer Authority Water System Revenue 4.000% 6/1/18 (15) 1,025 1,056
  Bucks County PA Water & Sewer Authority Water System Revenue 4.000% 6/1/19 (15) 500 527
  Clarion County PA Industrial Development Authority Revenue        
  (Clarion University Foundation Inc. Student Housing Project) 5.000% 7/1/18 920 949
  Clarion County PA Industrial Development Authority Revenue        
  (Clarion University Foundation Inc. Student Housing Project) 5.000% 7/1/19 970 1,022
  Coatesville PA School District GO 4.000% 8/1/20 (4) 325 349
  Coatesville PA School District GO 5.000% 8/1/21 (4) 1,270 1,434
  Dauphin County PA General Authority Health System Revenue (Pinnacle Health System Project) 3.000% 6/1/17 1,020 1,022
  Dauphin County PA General Authority Health System Revenue (Pinnacle Health System Project) 4.000% 6/1/19 1,250 1,319
  Delaware County PA GO 5.000% 10/1/19 3,000 3,286
  Delaware County PA GO 5.000% 10/1/20 2,680 3,020
2 Downingtown PA Area School District GO PUT 1.600% 5/1/19 5,075 5,080
  Erie PA GO 4.000% 11/15/17 (4) 3,000 3,048
2 Hempfield PA School District GO PUT 1.209% 8/1/19 8,865 8,803
  Hempfield PA School District GO VRDO 1.179% 8/1/19 1,905 1,890
  Lancaster County PA Solid Waste Management Authority Solid Waste Disposal System Revenue 2.500% 12/15/17 3,075 3,104
  Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) 4.000% 7/1/18 600 620
  Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) 5.000% 7/1/19 500 540
  Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) 5.000% 7/1/20 820 909
  Lower Merion PA School District GO 4.000% 9/15/17 565 572
  Lower Merion PA School District GO 4.000% 9/15/18 3,670 3,824
  Lower Merion PA School District GO 5.000% 9/15/19 4,535 4,955
2 Manheim Township PA School District GO 0.948% 5/1/17 1,400 1,400
2 Manheim Township PA School District GO PUT 1.068% 5/1/18 6,850 6,799
  Monroe County PA Hospital Authority Revenue (Pocono Medical Center) 4.000% 7/1/18 1,100 1,135
  Montgomery County PA GO 5.000% 4/1/19 1,840 1,979
  Montgomery County PA Higher Education & Health Authority Hospital Revenue        
  (Abington Memorial Hospital) 5.000% 6/1/19 1,000 1,075
  Montgomery County PA Higher Education & Health Authority Revenue        
  (Holy Redeemer Health System) 4.000% 10/1/18 1,000 1,034
  Montgomery County PA Higher Education & Health Authority Revenue        
  (Holy Redeemer Health System) 4.000% 10/1/19 500 527
  Montgomery County PA Industrial Development Authority Health Services Revenue        
  (Albert Einstein Healthcare Network) 5.000% 1/15/18 1,000 1,023

 

32

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.000% 1/15/19 2,805 2,950
Montgomery County PA Industrial Development Authority Pollution Control Revenue        
(Exelon Generation Co., LLC) PUT 2.500% 4/1/20 5,000 4,996
Montgomery County PA Industrial Development Authority Pollution Control Revenue        
(Exelon Generation Co., LLC) PUT 2.500% 4/1/20 8,000 7,994
Montgomery County PA Industrial Development Authority Pollution Control Revenue        
(Exelon Generation Co., LLC) PUT 2.550% 6/1/20 10,000 9,993
Mount Lebanon PA Hospital Authority Revenue (St. Clair Memorial Hospital Project) 5.000% 7/1/21 725 808
1 Mount Lebanon PA School District GO TOB VRDO 1.020% 5/5/17 15,500 15,500
2 North Penn PA Water Authority Revenue 0.928% 11/1/17 1,100 1,100
2 North Penn PA Water Authority Revenue 1.008% 11/1/18 700 697
2 North Penn PA Water Authority Revenue PUT 1.158% 11/1/19 2,500 2,482
Northampton County PA General Purpose Authority Hospital Revenue        
(St. Luke’s Hospital Project) 4.000% 8/15/19 1,340 1,412
Northampton County PA General Purpose Authority Hospital Revenue        
(St. Luke’s Hospital Project) 5.000% 8/15/20 1,000 1,102
2 Northampton County PA General Purpose Authority Hospital Revenue        
(St. Luke’s Hospital Project) PUT 2.300% 8/15/20 8,125 8,132
Pennsylvania Economic Development Financing Authority Solid Waste Disposal Revenue        
(Republic Services Inc. Project) PUT 1.150% 7/3/17 5,000 5,000
Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue 5.000% 7/1/18 6,545 6,858
Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue 5.000% 7/1/19 4,830 5,243
Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue 5.000% 1/1/20 7,270 7,892
Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue 5.000% 7/1/20 5,170 5,610
Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue 5.000% 1/1/22 8,000 8,059
Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue 5.000% 7/1/22 4,425 4,441
Pennsylvania GO 5.000% 4/1/18 25,410 26,347
Pennsylvania GO 5.000% 7/1/18 2,675 2,799
Pennsylvania GO 5.000% 8/15/18 15,170 15,943
Pennsylvania GO 5.000% 8/15/18 48,540 51,015
Pennsylvania Higher Educational Facilities Authority Revenue (Drexel University) VRDO 0.910% 5/5/17 LOC 1,570 1,570
Pennsylvania Higher Educational Facilities Authority Revenue        
(Foundation for Indiana University of Pennsylvania Student Housing) 1.219% 7/1/17 (10) 1,020 1,019
Pennsylvania Higher Educational Facilities Authority Revenue        
(Slippery Rock University Foundation) 5.000% 7/1/17 (Prere.) 5,000 5,035
Pennsylvania Higher Educational Facilities Authority Revenue        
(University of Pennsylvania Health System) 5.000% 8/15/17 7,000 7,084
Pennsylvania Higher Educational Facilities Authority Revenue (York College) PUT 1.500% 5/1/17 3,730 3,730
Pennsylvania Higher Educational Facilities Authority Revenue (York College) PUT 2.250% 4/30/20 2,410 2,410
Pennsylvania State University Revenue 4.000% 9/1/17 785 794
Pennsylvania State University Revenue 4.000% 9/1/17 1,680 1,698
Pennsylvania State University Revenue 5.000% 9/1/18 815 859
Pennsylvania State University Revenue 5.000% 9/1/18 2,850 3,004
Pennsylvania State University Revenue 5.000% 9/1/19 500 546
Pennsylvania State University Revenue 5.000% 9/1/19 4,200 4,582
Pennsylvania Turnpike Commission Oil Franchise Tax Revenue 5.000% 12/1/18 1,250 1,324
Pennsylvania Turnpike Commission Oil Franchise Tax Revenue 5.000% 12/1/19 1,260 1,375
2 Pennsylvania Turnpike Commission Revenue 1.288% 12/1/17 59,405 59,404
2 Pennsylvania Turnpike Commission Revenue 1.350% 12/1/17 15,000 15,005
2 Pennsylvania Turnpike Commission Revenue 1.500% 12/1/17 10,405 10,402
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/18 (12) 2,650 2,760
2 Pennsylvania Turnpike Commission Revenue 1.388% 12/1/18 16,940 16,856
2 Pennsylvania Turnpike Commission Revenue 1.500% 12/1/18 8,750 8,744
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 1,320 1,419
Pennsylvania Turnpike Commission Revenue 5.250% 6/1/19 (Prere.) 10,080 10,963
Pennsylvania Turnpike Commission Revenue 5.750% 6/1/19 (Prere.) 22,000 24,130
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/20 18,520 20,421
2 Pennsylvania Turnpike Commission Revenue PUT 1.700% 12/1/18 6,500 6,500
1 Pennsylvania Turnpike Commission Revenue TOB VRDO 0.980% 5/5/17 (12) 5,075 5,075
Philadelphia PA Authority for Industrial Development Revenue (Cultural & Commercial Corridors) 4.000% 12/1/17 4,190 4,266
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/18 1,615 1,674
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/19 1,650 1,767
Philadelphia PA Gas Works Revenue 5.000% 10/1/17 4,500 4,573
Philadelphia PA Gas Works Revenue 5.000% 10/1/17 (Prere.) 2,645 2,691
Philadelphia PA Gas Works Revenue 5.375% 7/1/18 (ETM) 2,775 2,919
Philadelphia PA Gas Works Revenue 5.000% 10/1/18 7,500 7,891
Philadelphia PA Gas Works Revenue 5.000% 10/1/18 (2) 2,355 2,394
Philadelphia PA Gas Works Revenue 5.000% 10/1/19 6,500 7,035
Philadelphia PA Gas Works Revenue 5.000% 10/1/20 3,500 3,874
Philadelphia PA Gas Works Revenue 5.000% 10/1/22 2,250 2,580

 

33

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Philadelphia PA School District GO 5.000% 9/1/17 1,000 1,012
Philadelphia PA School District GO 5.000% 9/1/17 5,095 5,151
Philadelphia PA School District GO 5.000% 9/1/18 1,000 1,042
Philadelphia PA School District GO 5.000% 9/1/18 6,400 6,669
Philadelphia PA School District GO 5.000% 9/1/19 1,750 1,867
Philadelphia PA School District GO 5.000% 9/1/19 1,750 1,867
Philadelphia PA School District GO 5.000% 9/1/20 2,975 3,224
Philadelphia PA School District GO 5.000% 9/1/20 4,000 4,335
Philadelphia PA TRAN 2.000% 6/30/17 19,270 19,303
Philadelphia PA Water & Waste Water Revenue VRDO 0.900% 5/5/17 LOC 1,500 1,500
Pittsburgh & Allegheny County PA Sports & Exhibition Authority Lease Revenue VRDO 0.990% 5/5/17 (4) 30,000 30,000
Pittsburgh PA GO 5.000% 9/1/21 500 571
Scranton PA School District GO 4.000% 6/1/18 350 358
Scranton PA School District GO 5.000% 6/1/19 500 528
Scranton PA School District GO 5.000% 6/1/20 645 694
State Public School Building Authority Pennsylvania College Revenue        
(Delaware County Community College Project) 5.000% 10/1/18 (15) 500 527
State Public School Building Authority Pennsylvania Lease Revenue        
(School District of Philadelphia) 5.000% 6/1/17 2,250 2,257
Swarthmore Borough PA Authority College Revenue (Swarthmore College) 5.000% 9/15/19 3,395 3,708
Swarthmore Borough PA Authority College Revenue (Swarthmore College) 5.000% 9/15/20 3,515 3,955
2 University Area Joint Authority Pennsylvania Sewer Revenue PUT 1.300% 11/1/17 2,900 2,897
West Shore PA Area Authority Revenue (Messiah Lifeways Obligated Group) 4.000% 7/1/19 1,685 1,748
2 York County PA GO PUT 0.968% 6/1/17 31,050 31,040
        726,488
Rhode Island (0.6%)        
Narragansett RI Commission Wastewater System Revenue VRDO 0.900% 5/5/17 LOC 20,600 20,600
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(Rhode Island School of Design) VRDO 0.900% 5/5/17 LOC 18,705 18,705
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(Rhode Island School of Design) VRDO 0.900% 5/5/17 LOC 11,850 11,850
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.000% 9/1/17 (ETM) 2,640 2,676
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.000% 9/1/18 2,990 3,094
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.000% 9/1/18 (ETM) 1,325 1,394
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Lifespan Obligated Group) 5.000% 5/15/17 14,715 14,741
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Lifespan Obligated Group) 5.000% 5/15/18 1,250 1,293
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Lifespan Obligated Group) 5.000% 5/15/19 1,760 1,871
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Lifespan Obligated Group) 5.000% 5/15/20 1,500 1,629
Rhode Island Health & Educational Building Corp. Providence Public Schools Revenue        
(Providence Public Buildings Authority) 3.000% 5/15/17 (4) 1,815 1,817
Rhode Island Health & Educational Building Corp. Providence Public Schools Revenue        
(Providence Public Buildings Authority) 4.000% 5/15/17 2,000 2,003
Rhode Island Health & Educational Building Corp. Providence Public Schools Revenue        
(Providence Public Buildings Authority) 3.000% 5/15/18 (4) 5,535 5,632
Rhode Island Health & Educational Building Corp. Providence Public Schools Revenue        
(Providence Public Buildings Authority) 5.000% 5/15/18 1,500 1,558
        88,863
South Carolina (0.6%)        
2 Charleston SC Waterworks & Sewer Capital Improvement Revenue PUT 1.358% 1/1/18 8,770 8,789
Kershaw County SC Public Schools Foundation Installment Purchase Revenue 5.000% 12/1/18 700 743
Kershaw County SC Public Schools Foundation Installment Purchase Revenue 5.000% 12/1/19 1,000 1,085
Myrtle Beach SC Tax Increase Revenue (Myrtle Beach Air Force Base Redevelopment Project) 5.000% 10/1/20 1,000 1,107
Richland County SC School District No. 2 GO 5.000% 4/1/19 5,525 5,951
South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue        
(Pickens School District) 5.000% 12/1/17 2,305 2,359
South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue        
(Pickens School District) 5.000% 12/1/18 1,000 1,059
South Carolina GO 5.000% 4/1/18 635 659
South Carolina GO 5.000% 4/1/18 765 794
South Carolina GO 5.000% 4/1/18 1,975 2,050
South Carolina GO 4.000% 4/1/19 1,170 1,238
South Carolina GO 5.000% 4/1/19 665 716
South Carolina GO 5.000% 4/1/19 805 867
South Carolina GO 5.000% 4/1/19 2,520 2,713

 

34

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
South Carolina GO 5.000% 4/1/19 745 802
South Carolina GO 5.000% 4/1/19 2,610 2,810
South Carolina GO 4.000% 4/1/20 1,535 1,662
South Carolina GO 5.000% 8/1/20 10,000 11,225
South Carolina Jobs Economic Development Authority Hospital Revenue (AnMed Health Project) 5.000% 2/1/20 1,310 1,437
South Carolina Jobs Economic Development Authority Hospital Revenue (AnMed Health Project) 5.000% 2/1/21 1,900 2,134
South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) 5.000% 8/1/17 650 657
South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) 5.000% 8/1/18 870 910
South Carolina Jobs Economic Development Authority Revenue        
(Bon Secours Health System) VRDO 0.920% 5/5/17 LOC 22,700 22,700
South Carolina Public Service Authority Revenue 5.500% 1/1/19 (Prere.) 7,205 7,742
1 South Carolina Public Service Authority Revenue TOB VRDO 1.050% 5/5/17 6,310 6,310
Sumter Two School Facilities Inc. South Carolina Installment Purchase Revenue 4.000% 12/1/17 (15) 675 686
Sumter Two School Facilities Inc. South Carolina Installment Purchase Revenue 4.000% 12/1/18 (15) 1,715 1,784
        90,989
South Dakota (0.0%)        
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 3.000% 11/1/17 500 505
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 3.000% 11/1/17 450 455
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 3.000% 11/1/18 500 514
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 4.000% 11/1/18 800 835
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 4.000% 11/1/19 395 422
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/19 600 655
        3,386
Tennessee (1.1%)        
Chattanooga TN Electric System Revenue 5.000% 9/1/18 2,375 2,503
Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) 4.000% 4/1/18 2,000 2,053
Johnson City TN Health & Educational Facilities Board Hospital Revenue (STS Health Alliance)        
VRDO 0.880% 5/5/17 LOC 33,790 33,790
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(Covenant Healthcare) 5.000% 1/1/19 2,925 3,092
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(University Health System Inc.) 3.000% 4/1/18 400 405
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(University Health System Inc.) 4.000% 4/1/19 400 417
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(University Health System Inc.) 5.000% 9/1/19 385 414
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(University Health System Inc.) 5.000% 4/1/20 395 430
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(University Health System Inc.) 5.000% 9/1/20 1,000 1,098
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(University Health System Inc.) 4.000% 4/1/21 635 679
Memphis TN Electric System Revenue 5.000% 12/1/17 5,230 5,359
Memphis TN GO 5.000% 11/1/19 4,720 5,176
Metropolitan Government of Nashville & Davidson County TN GO 5.500% 7/1/19 13,640 14,945
Metropolitan Government of Nashville & Davidson County TN Health        
& Educational Facilities Board Revenue (Ascension Health Credit Group) PUT 1.550% 11/3/20 12,700 12,669
Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue 5.000% 7/1/17 5,500 5,539
Montgomery County TN Public Building Authority Pooled Financial Revenue        
(Tennessee County Loan Pool) VRDO 0.980% 5/1/17 LOC 2,100 2,100
Montgomery County TN Public Building Authority Pooled Financial Revenue        
(Tennessee County Loan Pool) VRDO 0.980% 5/1/17 LOC 3,000 3,000
Murfreesboro TN GO 5.000% 6/1/19 2,160 2,338
Shelby County TN GO 4.000% 4/1/18 600 617
Shelby County TN GO 5.000% 4/1/18 4,085 4,242
Shelby County TN GO 5.000% 4/1/18 7,060 7,331
Shelby County TN GO 5.000% 4/1/19 750 808
Shelby County TN Health Educational & Housing Facility Board Revenue        
(Methodist Le Bonheur Healthcare) 5.000% 5/1/20 1,000 1,106
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/17 3,165 3,207
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/18 5,150 5,286
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/19 8,815 9,339
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/19 15,000 16,267
Tennessee GO 5.000% 10/1/18 1,030 1,091
Tennessee GO 5.000% 8/1/19 8,125 8,865
Williamson County TN GO 5.000% 4/1/19 4,070 4,381
        158,547
Texas (12.2%)        
Aldine TX Independent School District GO 4.000% 2/15/18 1,755 1,798
Aldine TX Independent School District GO 5.000% 2/15/19 2,320 2,483

 

35

 

Short-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Aldine TX Independent School District GO 5.000% 2/15/20 8,875 9,797
  Arlington TX Independent School District GO 4.000% 2/15/18 1,375 1,409
  Arlington TX Independent School District GO 4.000% 2/15/19 1,225 1,290
  Arlington TX Independent School District GO 5.000% 2/15/20 1,200 1,327
  Austin TX Community College District Public Facilities Corp. Lease Revenue 5.000% 8/1/18 500 525
  Austin TX GO 5.000% 9/1/19 1,250 1,364
  Bexar County TX GO 5.000% 6/15/20 7,840 8,739
  Bexar County TX GO 5.000% 6/15/20 2,595 2,892
  Board of Regents of the Texas A&M University System Revenue Financing System Revenue 4.000% 5/15/17 4,500 4,507
  Board of Regents of the Texas A&M University System Revenue Financing System Revenue 4.000% 5/15/17 2,000 2,003
  Brazosport TX Independent School District GO 5.000% 2/15/19 5,690 6,095
  Brownsville TX Utility System Revenue 5.000% 9/1/18 2,250 2,368
  Carrollton-Farmers Branch TX Independent School District GO 3.000% 2/15/18 7,800 7,933
  Central Texas Regional Mobility Authority Revenue 5.000% 1/1/18 500 513
  Central Texas Regional Mobility Authority Revenue 5.750% 1/1/19 370 395
  Central Texas Regional Mobility Authority Revenue PUT 5.000% 1/7/21 5,500 6,023
  Clear Creek TX Independent School District GO 5.000% 2/15/19 2,525 2,705
  Coastal Bend TX Health Facilities Development Corp. Hospital Revenue (CHRISTUS Health) 1.110% 5/4/17 (4) 15,800 15,800
  Conroe TX Independent School District GO 5.000% 2/15/19 3,345 3,583
  Conroe TX Independent School District GO 5.000% 2/15/20 2,230 2,465
  Cypress-Fairbanks TX Independent School District GO PUT 0.900% 8/15/18 7,590 7,541
  Cypress-Fairbanks TX Independent School District GO PUT 3.000% 8/15/18 9,865 10,094
  Cypress-Fairbanks TX Independent School District GO PUT 4.000% 8/15/19 19,290 20,464
1,2 Cypress-Fairbanks TX Independent School District GO TOB PUT 0.970% 5/4/17 10,980 10,980
  Dallas TX Area Rapid Transit Sales Tax Revenue 5.250% 12/1/18 (Prere.) 12,000 12,807
  Dallas TX GO 5.000% 2/15/18 3,250 3,346
  Dallas TX GO 5.000% 2/15/19 6,215 6,600
  Dallas TX GO 5.000% 2/15/19 8,565 9,096
  Dallas TX GO 5.000% 2/15/20 1,245 1,358
  Dallas TX GO 5.000% 2/15/20 7,165 7,817
  Dallas TX Independent School District GO 5.000% 2/15/19 5,500 5,891
  Dallas TX Independent School District GO PUT 1.500% 8/15/18 24,500 24,560
  Dallas TX Independent School District GO PUT 5.000% 2/15/19 14,000 14,917
  Dallas TX Independent School District GO PUT 5.000% 2/15/20 12,500 13,669
  Dallas TX Performing Arts Cultural Facilities (Dallas Center Foundation) VRDO 0.920% 5/5/17 LOC 10,360 10,360
  Dallas TX Waterworks & Sewer System Revenue 5.000% 10/1/20 3,000 3,373
  Denton County TX GO 4.000% 7/15/19 1,250 1,330
  Denton County TX GO 5.000% 7/15/20 1,100 1,230
  Denton TX Independent School District GO 2.000% 8/1/18 (Prere.) 1,245 1,261
  Denton TX Independent School District GO 5.000% 8/15/18 3,450 3,631
  Denton TX Independent School District GO PUT 2.000% 8/1/18 3,610 3,646
  Eagle Mountain & Saginaw TX Independent School District GO 5.000% 8/15/19 1,435 1,563
  Eagle Mountain & Saginaw TX Independent School District GO PUT 2.000% 8/1/19 9,000 9,145
  El Paso TX GO 5.000% 8/15/18 5,000 5,254
  El Paso TX GO 5.000% 8/15/19 3,500 3,804
  El Paso TX Water & Sewer Revenue 4.000% 3/1/18 1,500 1,539
  El Paso TX Water & Sewer Revenue 4.000% 3/1/19 1,000 1,054
  El Paso TX Water & Sewer Revenue 4.000% 3/1/19 1,475 1,554
  Fort Bend County TX GO 5.000% 3/1/19 2,000 2,143
  Fort Bend TX Independent School District GO PUT 2.000% 8/1/17 14,715 14,752
  Fort Bend TX Independent School District GO PUT 0.900% 8/1/18 5,500 5,479
  Fort Worth TX GO 4.000% 3/1/18 5,080 5,211
  Fort Worth TX GO 5.000% 3/1/19 5,000 5,359
  Fort Worth TX Independent School District GO 5.000% 2/15/18 1,815 1,875
  Fort Worth TX Water & Sewer Revenue 5.000% 2/15/20 4,005 4,428
  Friendswood TX Independent School District GO 5.000% 2/15/19 1,810 1,937
  Frisco TX GO 4.000% 2/15/18 6,270 6,424
  Frisco TX GO 4.000% 2/15/19 7,650 8,055
  Frisco TX GO 5.000% 2/15/20 8,435 9,312
  Garland TX GO 5.000% 2/15/19 3,000 3,212
  Georgetown TX Independent School District GO PUT 2.500% 8/1/17 9,345 9,377
  Goose Creek TX Consolidated Independent School District GO 5.000% 2/15/21 6,135 6,978
  Grand Prairie TX Independent School District GO 5.000% 2/15/18 1,135 1,172
  Grand Prairie TX Independent School District GO 5.000% 2/15/19 2,420 2,592
1,2 Grapevine-Colleyville TX Independent School District GO TOB PUT 0.970% 5/4/17 22,080 22,080
  Harlandale TX Independent School District GO PUT 2.000% 8/15/18 25,000 25,248
  Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) 5.000% 10/1/17 3,500 3,560
  Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) 5.000% 10/1/18 2,000 2,110
  Harris County TX GO 5.000% 10/1/18 3,675 3,885
  Harris County TX GO 5.000% 10/1/18 2,800 2,960
  Harris County TX GO 5.000% 10/1/19 1,550 1,696

 

36

 

Short-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Harris County TX GO 5.000% 8/15/20 4,250 4,769
  Harris County TX GO 5.000% 10/1/20 4,635 5,223
  Harris County TX GO 5.000% 10/1/20 3,005 3,384
  Harris County TX Health Facilities Development Corp. Hospital Revenue (CHRISTUS Health) 1.070% 5/4/17 (4) 2,000 2,000
  Harris County TX Health Facilities Development Corp. Hospital Revenue (CHRISTUS Health) 1.230% 5/4/17 (4) 10,500 10,500
1 Harris County TX Metropolitan Transit Authority Sales & Use Tax Revenue TOB VRDO 0.930% 5/5/17 6,660 6,660
2 Harris County TX Toll Road Revenue 1.530% 8/15/17 5,260 5,261
2 Harris County TX Toll Road Revenue PUT 1.600% 8/15/18 34,250 34,237
1 Houston TX Airport System Revenue TOB VRDO 1.050% 5/5/17 (4)(3) 49,500 49,500
  Houston TX GO 5.000% 3/1/18 11,835 12,236
  Houston TX GO 5.000% 3/1/19 (Prere.) 1,145 1,228
  Houston TX GO 5.000% 3/1/20 11,775 12,629
  Houston TX GO 5.000% 3/1/20 15,000 16,564
  Houston TX GO 5.000% 3/1/20 3,030 3,346
  Houston TX GO 5.000% 3/1/21 17,700 20,068
  Houston TX Independent School District GO 5.000% 2/15/19 17,515 18,760
  Houston TX Independent School District GO 5.000% 2/15/20 18,970 20,973
  Houston TX Independent School District GO PUT 0.950% 6/1/17 16,000 15,997
  Houston TX Independent School District GO PUT 4.000% 6/1/17 3,135 3,143
  Houston TX Independent School District Public Facilities Corp. Lease Revenue 5.000% 9/15/17 8,040 8,166
  Houston TX Utility System Revenue 5.000% 11/15/17 3,000 3,068
  Houston TX Utility System Revenue 5.000% 11/15/17 2,000 2,045
  Houston TX Utility System Revenue 5.250% 11/15/17 (4) 4,260 4,363
  Houston TX Utility System Revenue 5.000% 11/15/18 5,495 5,832
  Houston TX Utility System Revenue 5.000% 11/15/18 1,750 1,858
  Houston TX Utility System Revenue 5.000% 11/15/19 3,285 3,604
3 Houston TX Utility System Revenue 4.000% 11/15/20 1,780 1,945
3 Houston TX Utility System Revenue 4.000% 11/15/21 1,295 1,438
2 Houston TX Utility System Revenue PUT 1.650% 6/1/17 1,150 1,150
2 Houston TX Utility System Revenue PUT 1.800% 5/1/20 19,500 19,495
  Humble TX Independent School District GO 5.000% 2/15/19 1,135 1,215
  Humble TX Independent School District GO 5.000% 2/15/20 5,260 5,815
  Humble TX Independent School District GO 5.000% 2/15/20 2,060 2,277
  Irving TX Independent School District GO 5.000% 2/15/20 2,000 2,211
  Katy TX Independent School District GO 5.000% 2/15/19 2,500 2,678
2 Katy TX Independent School District GO PUT 1.216% 8/15/19 14,590 14,578
  Kerrville TX Health Facilities Development Corp. Hospital Revenue        
  (Peterson Regional Medical Center Project) 4.000% 8/15/17 1,000 1,008
  Kerrville TX Health Facilities Development Corp. Hospital Revenue        
  (Peterson Regional Medical Center Project) 4.000% 8/15/18 1,055 1,091
  Kerrville TX Health Facilities Development Corp. Hospital Revenue        
  (Peterson Regional Medical Center Project) 4.000% 8/15/19 1,100 1,159
  Klein TX Independent School District GO 5.000% 8/1/18 1,500 1,576
  Klein TX Independent School District GO 5.000% 8/1/19 2,000 2,175
  Lewisville TX Independent School District GO 5.000% 8/15/19 3,500 3,811
1 Lone Star College System Texas GO TOB VRDO 0.930% 5/5/17 17,400 17,400
  Longview TX Independent School District GO 5.000% 2/15/20 1,000 1,104
  Lubbock TX GO 5.000% 2/15/18 1,240 1,280
  Lubbock TX GO 5.000% 2/15/18 4,080 4,212
  Lubbock TX GO 5.000% 2/15/18 2,500 2,581
  Lubbock TX GO 5.000% 2/15/19 1,000 1,070
  Lubbock TX GO 5.000% 2/15/20 1,150 1,270
  Lubbock TX GO 5.000% 2/15/20 1,000 1,104
  Mission TX Economic Development Corp. Solid Waste Disposal Revenue        
  (Allied Waste Inc. Project) PUT 1.150% 7/3/17 10,000 10,000
  Missouri City TX GO 4.000% 6/15/19 1,000 1,060
  New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
  (Westminster Manor Project) 4.000% 11/1/21 730 782
  North Central TX Health Facilities Development Corp. Hospital Revenue        
  (Children’s Medical Center of Dallas Project) 5.000% 8/15/18 750 788
  North East TX Independent School District GO PUT 2.000% 8/1/18 4,815 4,864
  North East TX Regional Mobility Authority Revenue 5.000% 1/1/20 650 698
  North Texas Municipal Water District Regional Wastewater System Revenue 5.000% 6/1/20 1,410 1,570
  North Texas Municipal Water District Regional Wastewater System Revenue 5.000% 6/1/21 1,450 1,657
  North Texas Municipal Water District Wastewater System Revenue (Upper East Interceptor) 5.000% 6/1/20 1,405 1,565
1,2 North Texas Municipal Water District Water System Revenue TOB PUT 0.970% 5/4/17 17,335 17,335
  North Texas Tollway Authority System Revenue 5.000% 9/1/17 1,000 1,014
  North Texas Tollway Authority System Revenue 4.000% 1/1/18 600 611
  North Texas Tollway Authority System Revenue 5.750% 1/1/18 (Prere.) 2,500 2,581
  North Texas Tollway Authority System Revenue 5.000% 1/1/19 2,265 2,410
  North Texas Tollway Authority System Revenue 5.000% 1/1/19 700 743

 

37

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
North Texas Tollway Authority System Revenue 5.000% 1/1/20 2,075 2,277
2 North Texas Tollway Authority System Revenue PUT 1.700% 1/1/19 2,205 2,203
2 North Texas Tollway Authority System Revenue PUT 1.570% 1/1/20 29,690 29,607
1 North Texas Tollway Authority System Revenue TOB VRDO 1.050% 5/5/17 LOC (Prere.) 20,000 20,000
Northside Independent School District Texas GO 5.000% 2/15/19 2,505 2,683
Northside Independent School District Texas GO PUT 1.650% 8/1/18 11,250 11,296
Northside Independent School District Texas GO PUT 2.125% 8/1/20 6,470 6,483
Pasadena TX Independent School District GO 5.000% 2/15/18 2,295 2,371
Pasadena TX Independent School District GO VRDO 0.910% 5/5/17 (4) 13,850 13,850
Pflugerville TX Independent School District GO 5.000% 2/15/20 1,700 1,880
Plano TX Independent School District GO 5.000% 2/15/19 17,220 18,464
Plano TX Independent School District GO 5.000% 2/15/19 2,335 2,504
Plano TX Independent School District GO 5.000% 2/15/20 20,980 23,208
Richardson TX Independent School District GO 5.000% 2/15/19 1,920 2,059
Rockwall TX GO 4.000% 8/1/18 1,505 1,562
Rockwall TX GO 5.000% 8/1/19 2,300 2,495
Round Rock TX Independent School District GO 4.000% 8/1/18 5,435 5,644
Round Rock TX Independent School District GO 4.500% 8/1/18 1,335 1,395
Round Rock TX Independent School District GO 5.000% 8/1/19 1,795 1,952
Round Rock TX Independent School District GO 5.000% 8/1/20 1,000 1,120
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/18 6,000 6,187
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/19 16,360 17,501
2 San Antonio TX Electric & Gas Systems Revenue PUT 1.280% 2/1/18 27,250 27,216
San Antonio TX Electric & Gas Systems Revenue PUT 2.000% 12/1/18 15,000 15,146
San Antonio TX Electric & Gas Systems Revenue PUT 2.000% 12/1/18 10,150 10,286
San Antonio TX Electric & Gas Systems Revenue PUT 3.000% 12/1/19 45,000 46,623
San Antonio TX GO 5.000% 2/1/18 3,250 3,352
San Antonio TX GO 5.000% 2/1/20 2,000 2,211
San Antonio TX Independent School District GO 5.000% 2/15/18 5,525 5,707
San Antonio TX Independent School District GO PUT 2.000% 8/1/18 7,270 7,344
San Antonio TX Water Revenue 5.000% 5/15/18 500 521
San Antonio TX Water Revenue 5.000% 5/15/19 250 270
2 San Antonio TX Water Revenue PUT 1.300% 11/1/17 24,375 24,380
Spring Branch TX Independent School District GO 5.000% 2/1/18 3,000 3,094
Spring Branch TX Independent School District GO 5.000% 2/1/18 1,390 1,434
Spring Branch TX Independent School District GO 5.000% 2/1/18 2,095 2,161
Spring Branch TX Independent School District GO 5.000% 2/1/19 10,000 10,697
Spring Branch TX Independent School District GO 5.000% 2/1/19 2,615 2,797
Spring Branch TX Independent School District GO 5.000% 2/1/20 1,915 2,115
Spring Branch TX Independent School District GO PUT 1.050% 6/15/17 38,000 37,995
Spring TX Independent School District GO 4.000% 8/15/18 3,000 3,117
Spring TX Independent School District GO 5.000% 8/15/19 1,000 1,088
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Methodist Hospitals of Dallas) 5.000% 10/1/17 1,100 1,119
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Methodist Hospitals of Dallas) 4.000% 10/1/18 1,350 1,406
Tarrant County TX Cultural Education Facilities Finance Corp. Retirement Facilities Revenue        
(Buckingham Senior Living Community Inc.) 3.875% 11/15/20 1,750 1,750
Tarrant County TX GO 5.000% 7/15/18 (Prere.) 2,000 2,099
Texas A&M University System Revenue Board of Regents Revenue 5.000% 5/15/20 7,000 7,789
Texas A&M University System Revenue Board of Regents Revenue 5.000% 5/15/21 2,445 2,804
Texas A&M University System Revenue Board of Regents Revenue 5.000% 5/15/21 1,755 2,006
Texas GO 5.000% 10/1/18 4,650 4,920
Texas GO 5.000% 10/1/18 3,400 3,598
Texas GO 5.000% 10/1/19 14,150 15,501
Texas GO 5.000% 10/1/20 1,250 1,410
Texas GO PUT 2.000% 2/1/18 2,550 2,549
2 Texas Municipal Gas Acquisition & Supply Corp. Revenue 1.370% 9/15/17 4,355 4,353
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/17 4,000 4,095
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/17 10,900 11,179
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.625% 12/15/17 5,050 5,176
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/18 4,500 4,762
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/19 1,350 1,471
Texas Public Finance Authority Revenue 5.000% 2/1/18 1,100 1,134
Texas Public Finance Authority Revenue 5.000% 2/1/18 2,205 2,273
Texas Public Finance Authority Revenue (Texas Southern University) 5.000% 11/1/17 (15) 2,615 2,665
Texas Public Finance Authority Revenue (Unemployment Compensation) 4.000% 7/1/17 21,000 21,057
Texas State University System Financing System Revenue 5.000% 3/15/18 2,020 2,092
Texas State University System Financing System Revenue 5.000% 3/15/19 5,000 5,366
Texas State University System Financing System Revenue 5.000% 3/15/20 4,500 4,980
Texas State University System Financing System Revenue 5.000% 3/15/21 2,250 2,557

 

38

 

Short-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Texas Transportation Commission GO 5.000% 10/1/17 5,660 5,761
  Texas Transportation Commission GO 5.000% 4/1/18 6,400 6,646
  Texas Transportation Commission GO 5.000% 10/1/18 17,930 18,972
  Texas Transportation Commission GO 5.000% 4/1/19 5,335 5,747
  Texas Transportation Commission GO 5.000% 4/1/19 2,800 3,014
  Texas Transportation Commission GO 5.000% 4/1/20 2,800 3,114
  Texas Transportation Commission GO 5.000% 10/1/20 3,350 3,779
  Texas Transportation Commission GO 5.000% 4/1/21 1,245 1,421
2 Texas Transportation Commission GO PUT 1.280% 10/1/18 53,500 53,479
1,2 Texas Transportation Commission GO TOB PUT 0.970% 5/4/17 6,800 6,800
  Texas Transportation Commission Revenue 4.000% 10/1/17 35,350 35,827
  Texas Transportation Commission Revenue 5.000% 4/1/18 6,500 6,746
  Texas Transportation Commission Revenue 4.000% 10/1/18 30,000 31,294
  Texas Transportation Commission Revenue 5.000% 4/1/19 4,000 4,304
  Texas Transportation Commission Revenue 5.000% 10/1/19 18,470 20,205
  Texas Transportation Commission Revenue 5.000% 10/1/19 16,000 17,503
  Texas Transportation Commission Revenue 5.000% 10/1/20 39,750 44,760
  Texas Transportation Commission Revenue 5.000% 10/1/20 5,560 6,261
  Texas Transportation Commission Revenue VRDO 0.880% 5/5/17 18,330 18,330
  Texas Transportation Commission Turnpike System Revenue PUT 5.000% 4/1/20 34,935 38,310
  Texas Water Development Board Revenue 4.000% 4/15/18 4,360 4,489
  Texas Water Development Board Revenue 4.000% 10/15/18 7,380 7,705
  Texas Water Development Board Revenue 5.000% 4/15/19 6,940 7,476
  Texas Water Development Board Revenue 4.000% 10/15/19 2,200 2,356
  Texas Water Financial Assistance GO 5.000% 8/1/20 1,825 2,049
  Tomball TX Independent School District GO 5.000% 2/15/18 1,350 1,394
  Tomball TX Independent School District GO PUT 1.100% 8/15/19 4,500 4,463
  University of North Texas Revenue 5.000% 4/15/19 1,810 1,946
  University of North Texas Revenue 5.000% 4/15/20 1,650 1,829
  University of Texas Permanent University Fund Revenue 5.000% 7/1/18 1,235 1,294
  University of Texas Permanent University Fund Revenue 5.000% 7/1/18 2,095 2,195
  University of Texas Permanent University Fund Revenue 5.000% 7/1/19 3,210 3,484
  University of Texas Permanent University Fund Revenue 5.000% 7/1/20 1,000 1,117
  University of Texas Permanent University Fund Revenue 5.000% 7/1/21 2,415 2,769
  University of Texas System Revenue Financing System Revenue 4.000% 8/15/18 3,850 4,002
  University of Texas System Revenue Financing System Revenue 5.000% 8/15/18 2,900 3,052
  University of Texas System Revenue Financing System Revenue 5.000% 8/15/18 5,520 5,810
  University of Texas System Revenue Financing System Revenue 5.000% 8/15/19 8,000 8,719
  University of Texas System Revenue Financing System Revenue 5.000% 8/15/19 10,000 10,899
  University of Texas System Revenue Financing System Revenue 5.000% 8/15/19 2,300 2,507
  University of Texas System Revenue Financing System Revenue 5.000% 8/15/19 4,010 4,370
  University of Texas System Revenue Financing System Revenue 5.000% 2/15/20 (Prere.) 3,500 3,863
  University of Texas System Revenue Financing System Revenue 5.000% 8/15/20 3,115 3,497
  University of Texas System Revenue Financing System Revenue 5.000% 8/15/20 3,660 4,109
  University of Texas System Revenue Financing System Revenue 5.000% 8/15/20 5,100 5,722
  University of Texas System Revenue Financing System Revenue 5.000% 8/15/20 1,000 1,123
  University of Texas System Revenue Financing System Revenue 5.000% 8/15/21 1,850 2,129
  Williamson County TX GO 5.000% 2/15/20 1,055 1,164
  Williamson County TX GO PUT 1.450% 8/15/18 5,000 5,012
          1,797,701
Utah (0.3%)        
  University of Utah Revenue 4.000% 8/1/18 725 753
  University of Utah Revenue 5.000% 8/1/19 1,000 1,087
  Utah Associated Municipal Power Systems Revenue (Horse Butte Wind Project) 5.000% 9/1/18 1,015 1,065
  Utah GO 5.000% 7/1/17 2,715 2,735
  Utah GO 5.000% 7/1/18 2,925 3,066
  Utah GO 5.000% 7/1/20 10,000 11,200
  Utah Transit Authority Sales Tax Revenue 5.250% 6/15/20 (4) 1,035 1,164
  Utah Water Finance Agency Revenue VRDO 0.940% 5/5/17 28,165 28,165
          49,235
Vermont (0.1%)        
  Vermont Educational & Health Buildings Financing Agency Revenue        
  (Norwich University Project) VRDO 0.900% 5/5/17 LOC 12,250 12,250
  Vermont Educational & Health Buildings Financing Agency Revenue        
  (University of Vermont Health Network) 3.000% 12/1/17 500 506
  Vermont Educational & Health Buildings Financing Agency Revenue        
  (University of Vermont Health Network) 3.000% 12/1/18 500 513
  Vermont Educational & Health Buildings Financing Agency Revenue        
  (University of Vermont Health Network) 4.000% 12/1/19 475 506

 

39

 

Short-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Vermont Educational & Health Buildings Financing Agency Revenue        
  (University of Vermont Health Network) 4.000% 12/1/20 500 541
  Vermont GO 4.000% 8/15/19 2,615 2,793
          17,109
Virgin Islands (0.1%)        
  Virgin Islands Public Finance Authority Revenue 4.000% 9/1/17 600 604
  Virgin Islands Public Finance Authority Revenue 5.000% 10/1/17 3,480 3,397
  Virgin Islands Public Finance Authority Revenue 5.000% 10/1/17 1,500 1,444
  Virgin Islands Public Finance Authority Revenue 5.000% 9/1/19 2,000 2,123
          7,568
Virginia (1.7%)        
  Arlington County VA GO 5.000% 8/15/20 10,000 11,238
  Chesterfield County VA GO 5.000% 1/1/19 5,375 5,737
  Chesterfield County VA GO 5.000% 1/1/20 8,940 9,861
  Chesterfield County VA Water & Sewer Revenue 5.000% 11/1/18 4,610 4,891
  Chesterfield County VA Water & Sewer Revenue 5.000% 11/1/19 5,160 5,664
  Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) 4.000% 10/1/17 3,730 3,780
  Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) 4.000% 10/1/18 2,150 2,242
  Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) 5.000% 10/1/19 2,000 2,187
  Fairfax County VA GO 4.000% 4/1/20 1,100 1,190
  Fairfax County VA GO 5.000% 10/1/20 11,320 12,769
  Fairfax County VA GO 4.000% 10/1/21 3,810 4,243
  Fairfax County VA Industrial Development Authority Health Care Revenue        
  (Inova Health System Obligated Group) VRDO 0.900% 5/5/17 13,255 13,255
  Fairfax County VA Public Improvement GO 5.000% 4/1/20 4,785 5,318
  Henrico County VA GO 5.000% 8/1/18 1,565 1,645
3 Henrico County VA GO 5.000% 8/1/20 4,185 4,682
3 Henrico County VA GO 5.000% 8/1/21 5,115 5,877
  Lexington VA Industrial Development Authority Residential Care Facility Revenue        
  (Kendall at Lexington Corp.) 3.000% 1/1/19 300 307
  Lexington VA Industrial Development Authority Residential Care Facility Revenue        
  (Kendall at Lexington Corp.) 3.000% 1/1/20 450 463
  Loudoun County VA GO 5.000% 12/1/18 5,120 5,448
  Loudoun County VA GO 5.000% 12/1/19 5,105 5,621
  Louisa VA Industrial Development Authority Poll Control Revenue        
  (Virginia Electric & Power Co.) PUT 1.750% 5/16/19 10,000 10,093
  Newport News VA Economical Development Authority Residential Care Facilities Revenue 2.000% 12/1/18 450 445
  Newport News VA Economical Development Authority Residential Care Facilities Revenue 4.000% 12/1/19 1,215 1,248
  Newport News VA Economical Development Authority Residential Care Facilities Revenue 4.000% 12/1/20 2,705 2,794
  Norfolk VA Water Revenue 5.000% 11/1/18 725 769
  Peninsula VA Ports Authority Coal Terminal Revenue PUT 1.550% 10/1/19 1,875 1,866
  Richmond VA GO 5.000% 3/1/18 3,330 3,445
  Richmond VA GO 5.000% 3/1/19 3,710 3,980
  Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) 5.000% 7/1/17 3,500 3,525
  Virginia Beach VA Development Authority Public Facility Revenue 5.000% 3/1/18 3,170 3,280
  Virginia Beach VA Development Authority Public Facility Revenue 5.000% 3/1/19 1,000 1,073
  Virginia Beach VA GO 5.000% 4/1/19 1,025 1,104
  Virginia Beach VA GO 4.000% 1/15/22 3,300 3,688
  Virginia College Building Authority Educational Facilities Revenue        
  (21st Century College & Equipment Programs) 5.000% 2/1/19 4,095 4,381
  Virginia College Building Authority Educational Facilities Revenue        
  (21st Century College & Equipment Programs) 5.000% 2/1/19 1,000 1,070
  Virginia College Building Authority Educational Facilities Revenue        
  (21st Century College & Equipment Programs) 5.000% 2/1/19 14,875 15,912
  Virginia College Building Authority Educational Facilities Revenue        
  (21st Century College & Equipment Programs) 5.000% 2/1/21 5,930 6,732
  Virginia College Building Authority Educational Facilities Revenue        
  (Public Higher Education Financing Program) 5.000% 9/1/20 10,295 11,563
  Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/18 8,030 8,377
  Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/19 6,755 7,307
  Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/20 7,095 7,919
  Virginia GO 5.000% 6/1/17 1,000 1,004
  Virginia GO 5.000% 6/1/21 1,000 1,148
1,2 Virginia GO TOB PUT 0.970% 5/4/17 8,175 8,175
  Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/18 7,890 8,291
  Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/18 10,170 10,687
  Virginia Public School Authority Revenue 5.000% 8/1/18 4,325 4,545
  Virginia Public School Authority Revenue 5.000% 8/1/20 6,015 6,748
          247,587

 

40

 

Short-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Washington (2.4%)        
2 Everett WA GO PUT 1.300% 12/1/19 3,725 3,680
2 Grant County WA Public Utility District No. 2 Electric System Revenue PUT 1.220% 12/1/17 10,000 9,983
King County WA GO 5.000% 1/1/18 2,000 2,057
King County WA GO 5.000% 7/1/18 7,515 7,878
King County WA GO 5.000% 12/1/18 2,745 2,921
King County WA GO 4.000% 6/1/19 3,610 3,831
King County WA GO 5.000% 12/1/19 2,885 3,174
King County WA Sewer Revenue 5.250% 1/1/18 (Prere.) 35,000 36,031
King County WA Sewer Revenue 5.750% 1/1/18 (Prere.) 2,500 2,582
Pierce County WA School District No. 10 (Tacoma) GO 3.000% 6/1/18 6,500 6,647
Pierce County WA School District No. 10 (Tacoma) GO 5.000% 12/1/18 5,000 5,317
Pierce County WA School District No. 10 (Tacoma) GO 4.000% 6/1/19 5,000 5,306
Pierce County WA School District No. 10 (Tacoma) GO 5.000% 12/1/19 3,500 3,848
Port of Seattle WA Revenue 5.000% 3/1/19 4,500 4,814
Port of Seattle WA Revenue 5.000% 1/1/20 2,350 2,595
Seattle WA Municipal Light & Power Revenue 5.000% 9/1/17 3,320 3,367
2 Seattle WA Municipal Light & Power Revenue PUT 1.580% 11/1/18 6,750 6,750
2 Seattle WA Municipal Light & Power Revenue PUT 1.580% 11/1/18 8,250 8,250
Seattle WA Water System Revenue 5.000% 5/1/18 5,850 6,088
Seattle WA Water System Revenue 5.000% 5/1/20 4,000 4,452
Tobacco Settlement Authority Washington Revenue 5.000% 6/1/17 4,130 4,145
Tobacco Settlement Authority Washington Revenue 5.000% 6/1/18 3,215 3,348
University of Washington Revenue 5.000% 12/1/18 1,135 1,208
Washington (Motor Vehicle Fuel Tax) GO 5.000% 2/1/18 1,995 2,057
Washington (Motor Vehicle Fuel Tax) GO 4.000% 7/1/18 2,300 2,383
Washington (Motor Vehicle Fuel Tax) GO 5.000% 7/1/20 4,890 5,469
Washington Economic Development Finance Authority Solid Waste Disposal Revenue        
(Waste Management Inc. Project) PUT 1.250% 11/1/17 2,525 2,527
Washington Federal Highway Grant Anticipation Revenue (520 Corridor Program) 5.000% 9/1/18 13,957 14,700
Washington Federal Highway Grant Anticipation Revenue (520 Corridor Program) 5.000% 9/1/18 5,000 5,266
Washington Federal Highway Grant Anticipation Revenue (520 Corridor Program) 5.000% 9/1/19 19,645 21,376
Washington GO 5.000% 2/1/18 4,375 4,511
Washington GO 5.000% 1/1/19 (Prere.) 2,000 2,133
Washington GO 5.000% 2/1/19 4,590 4,910
Washington GO 5.000% 2/1/19 7,365 7,879
Washington GO 5.000% 2/1/19 10,190 10,901
Washington GO 5.000% 7/1/19 21,620 23,461
Washington GO 5.000% 7/1/19 22,835 24,780
Washington GO 5.000% 8/1/19 4,500 4,896
Washington GO 5.000% 2/1/20 5,350 5,910
Washington GO 5.000% 2/1/20 4,820 5,325
Washington GO 5.000% 8/1/20 3,155 3,537
Washington GO 5.000% 7/1/21 4,195 4,683
Washington GO 5.000% 8/1/21 12,720 14,637
1 Washington Health Care Facilities Authority Revenue (MultiCare Health System) TOB VRDO 1.020% 5/5/17 9,690 9,690
Washington Health Care Facilities Authority Revenue (MultiCare Health System) VRDO 0.880% 5/1/17 LOC 3,900 3,900
Washington Health Care Facilities Authority Revenue (Providence Health & Services) 5.000% 10/1/17 1,375 1,399
Washington Health Care Facilities Authority Revenue (Providence Health & Services) PUT 5.000% 10/1/21 1,000 1,140
Washington Health Care Facilities Authority Revenue (Seattle Cancer Care Alliance) 5.000% 3/1/18 250 258
Washington Higher Education Facilities Authority Revenue (Whitman College Project) VRDO 0.920% 5/5/17 19,900 19,900
Washington Housing Finance Commission Multi-Family Housing Revenue        
(Heron’s Key Obligated Group) 4.375% 1/1/21 6,500 6,399
        352,299
West Virginia (0.1%)        
Mason County WV Pollution Control Revenue (Appalachian Power Co. Project) PUT 1.625% 10/1/18 6,000 6,040
West Virginia Economic Development Authority Solid Waste Facilities Disposal Revenue        
(Appalachian Power Co. - Amos Project) PUT 1.900% 4/1/19 5,000 5,009
West Virginia GO 5.000% 6/1/20 1,400 1,562
2 West Virginia University Revenue PUT 1.430% 10/1/19 3,500 3,495
        16,106
Wisconsin (1.7%)        
Milwaukee WI GO 2.000% 10/1/17 53,750 54,004
Milwaukee WI GO 4.000% 3/15/18 15,085 15,496
Milwaukee WI GO 3.000% 3/1/19 13,575 14,065
Milwaukee WI GO 4.000% 3/1/20 13,130 14,172
Wisconsin GO 5.000% 5/1/17 1,000 1,000
Wisconsin GO 5.000% 5/1/19 13,270 14,325
Wisconsin GO 5.000% 5/1/19 (2) 4,000 4,318
Wisconsin Health & Educational Facilities Authority Revenue        
(Ascension Health Alliance Credit Group) PUT 4.000% 3/1/18 7,500 7,684

 

41

 

Short-Term Tax-Exempt Fund        
 
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Wisconsin Health & Educational Facilities Authority Revenue        
(Ascension Health Alliance Credit Group) PUT 4.000% 5/30/19 13,325 14,087
Wisconsin Health & Educational Facilities Authority Revenue        
(Ascension Health Alliance Credit Group) PUT 1.375% 12/3/19 20,300 20,226
Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) 5.000% 7/15/17 1,235 1,245
Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) PUT 1.250% 8/15/17 11,345 11,343
Wisconsin Health & Educational Facilities Authority Revenue (Froedtert Health Inc.) 5.000% 4/1/20 1,000 1,104
Wisconsin Health & Educational Facilities Authority Revenue (Froedtert Health Inc.) 5.000% 4/1/21 1,000 1,131
Wisconsin Health & Educational Facilities Authority Revenue        
(Hospital Sisters Services Inc. Obligated Group) 5.000% 11/15/17 1,000 1,022
Wisconsin Health & Educational Facilities Authority Revenue        
(Hospital Sisters Services Inc. Obligated Group) 5.000% 11/15/18 750 795
Wisconsin Health & Educational Facilities Authority Revenue        
(University of Wisconsin Medical Foundation) VRDO 0.920% 5/5/17 LOC 13,455 13,455
Wisconsin Health and Educational Facilities Authority (Aurora Health Care, Inc.) CP 0.890% 7/6/17 LOC 40,000 39,999
Wisconsin Health and Educational Facilities Authority (Aurora Health Care, Inc.) CP 1.000% 8/1/17 LOC 20,000 19,997
Wisconsin Public Finance Authority Revenue (Church Home of Hartford Inc.) 4.000% 9/1/20 425 440
Wisconsin Transportation Revenue 5.000% 7/1/19 2,220 2,409
        252,317
Total Tax-Exempt Municipal Bonds (Cost $14,485,293)       14,491,175
 
      Shares  
Temporary Cash Investment (2.6%)        
Money Market Fund (2.6%)        
5 Vanguard Municipal Cash Management Fund (Cost $385,231) 0.895%   3,852,275 385,228
Total Investments (101.0%) (Cost $14,870,524)       14,876,403
 
        Amount
        ($000)
Other Assets and Liabilities (-1.0%)        
Other Assets        
Investment in Vanguard       1,015
Receivables for Investment Securities Sold       12,132
Receivables for Accrued Income       114,458
Receivables for Capital Shares Issued       15,225
Other Assets       1,250
Total Other Assets       144,080
Liabilities        
Payables for Investment Securities Purchased       (237,890)
Payables for Capital Shares Redeemed       (33,952)
Payables for Distributions       (3,878)
Payables to Vanguard       (9,825)
Other Liabilities       (1,166)
Total Liabilities       (286,711)
Net Assets (100%)       14,733,772

 

42

 

Short-Term Tax-Exempt Fund

At April 30, 2017, net assets consisted of:  
  Amount
  ($000)
Paid-in Capital 14,733,535
Overdistributed Net Investment Income (5)
Accumulated Net Realized Losses (5,697)
Unrealized Appreciation (Depreciation)  
Investment Securities 5,879
Futures Contracts 60
Net Assets 14,733,772
 
Investor Shares—Net Assets  
Applicable to 78,662,255 outstanding $.001 par value shares of beneficial interest (unlimited authorization) 1,241,810
Net Asset Value Per Share—Investor Shares $15.79
 
Admiral Shares—Net Assets  
Applicable to 854,647,210 outstanding $.001 par value shares of beneficial interest (unlimited authorization) 13,491,962
Net Asset Value Per Share—Admiral Shares $15.79

 

• See Note A in Notes to Financial Statements.
1 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At April 30, 2017,
the aggregate value of these securities was $1,597,218,000, representing 10.8% of net assets.
2 Adjustable-rate security.
3 Security purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of April 30, 2017.
4 Securities with a value of $970,000 have been segregated as initial margin for open futures contracts.
5 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
A key to abbreviations and other references follows the Statement of Net Assets.
See accompanying Notes, which are an integral part of the Financial Statements.

43

 

Short-Term Tax-Exempt Fund

Key to Abbreviations

ARS—Auction Rate Security.
BAN—Bond Anticipation Note.
COP—Certificate of Participation.
CP—Commercial Paper.
FR—Floating Rate.
GAN—Grant Anticipation Note.
GO—General Obligation Bond.
PILOT—Payments in Lieu of Taxes.
PUT—Put Option Obligation.
RAN—Revenue Anticipation Note.
TAN—Tax Anticipation Note.
TOB—Tender Option Bond.
TRAN—Tax Revenue Anticipation Note.
VRDO—Variable Rate Demand Obligation.
VRDP—Variable Rate Demand Preferred.
(ETM)—Escrowed to Maturity.
(Prere.)—Prerefunded.

Scheduled principal and interest payments are guaranteed by:
(1) MBIA (Municipal Bond Investors Assurance).
(2) AMBAC (Ambac Assurance Corporation).
(3) FGIC (Financial Guaranty Insurance Company).
(4) AGM (Assured Guaranty Municipal Corporation).
(5) BIGI (Bond Investors Guaranty Insurance).
(6) Connie Lee Inc.
(7) FHA (Federal Housing Authority).
(8) CapMAC (Capital Markets Assurance Corporation).
(9) American Capital Access Financial Guaranty Corporation.
(10) XL Capital Assurance Inc.
(11) CIFG (CDC IXIS Financial Guaranty).
(12) AGC (Assured Guaranty Corporation).
(13) BHAC (Berkshire Hathaway Assurance Corporation).
(14) NPFG (National Public Finance Guarantee Corporation).
(15) BAM (Build America Mutual Assurance Company).
(16) MAC (Municipal Assurance Corporation).
(17) RAA (Radian Asset Assurance Inc.).
(18) SBLF (Michigan School Bond Loan Fund).
The insurance does not guarantee the market value of the municipal bonds.

LOC—Scheduled principal and interest payments are guaranteed by bank letter of credit.

44

 

Short-Term Tax-Exempt Fund

Statement of Operations
 
Six Months Ended
April 30, 2017
  ($000)
Investment Income  
Income  
Interest1 83,081
Total Income 83,081
Expenses  
The Vanguard Group—Note B  
Investment Advisory Services 947
Management and Administrative—  
Investor Shares 889
Management and Administrative—  
Admiral Shares 4,375
Marketing and Distribution—  
Investor Shares 150
Marketing and Distribution—  
Admiral Shares 677
Custodian Fees 77
Shareholders’ Reports—Investor Shares 28
Shareholders’ Reports—Admiral Shares 53
Trustees’ Fees and Expenses 4
Total Expenses 7,200
Net Investment Income 75,881
Realized Net Gain (Loss)  
Investment Securities Sold1 1,317
Futures Contracts 2,288
Realized Net Gain (Loss) 3,605
Change in Unrealized Appreciation  
(Depreciation)  
Investment Securities (12,166)
Futures Contracts (74)
Change in Unrealized Appreciation  
(Depreciation) (12,240)
Net Increase (Decrease) in Net Assets  
Resulting from Operations 67,246

1 Interest income and realized net gain (loss) from an affiliated company of the fund were $1,142,000 and $0, respectively.

 

 

 

 

Statement of Changes in Net Assets    
 
  Six Months Ended Year Ended
  April 30, October 31,
  2017 2016
  ($000) ($000)
Increase (Decrease) in Net Assets    
Operations    
Net Investment Income 75,881 117,268
Realized Net Gain (Loss) 3,605 4,271
Change in Unrealized Appreciation (Depreciation) (12,240) (29,690)
Net Increase (Decrease) in Net Assets Resulting from Operations 67,246 91,849
Distributions    
Net Investment Income    
Investor Shares (5,958) (10,656)
Admiral Shares (69,888) (106,557)
Realized Capital Gain    
Investor Shares — —
Admiral Shares — —
Total Distributions (75,846) (117,213)
Capital Share Transactions    
Investor Shares 8,524 (129,503)
Admiral Shares 895,174 1,598,387
Net Increase (Decrease) from Capital Share Transactions 903,698 1,468,884
Total Increase (Decrease) 895,098 1,443,520
Net Assets    
Beginning of Period 13,838,674 12,395,154
End of Period1 14,733,772 13,838,674

 

1 Net Assets—End of Period includes undistributed (overdistributed) net investment income of ($5,000) and $15,000.

See accompanying Notes, which are an integral part of the Financial Statements.

45

 

Short-Term Tax-Exempt Fund

Financial Highlights

Investor Shares            
Six Months          
  Ended          
For a Share Outstanding April 30,     Year Ended October 31,
Throughout Each Period 2017 2016 2015 2014 2013 2012
Net Asset Value, Beginning of Period $15.80 $15.83 $15.86 $15.87 $15.93 $15.90
Investment Operations            
Net Investment Income . 077 .131 .110 .115 .141 .171
Net Realized and Unrealized Gain (Loss)            
on Investments (.010) (. 030) (. 030) (.010) (. 060) .030
Total from Investment Operations .067 .101 .080 .105 . 081 .201
Distributions            
Dividends from Net Investment Income (. 077) (.131) (.110) (.115) (.141) (.171)
Distributions from Realized Capital Gains  — — — — — —
Total Distributions (. 077) (.131) (.110) (.115) (.141) (.171)
Net Asset Value, End of Period $15.79 $15.80 $15.83 $15.86 $15.87 $15.93
 
Total Return1 0.42% 0.64% 0.51% 0.66% 0.51% 1.27%
 
Ratios/Supplemental Data            
Net Assets, End of Period (Millions) $1,242 $1,234 $1,366 $1,713 $1,822 $2,103
Ratio of Total Expenses to            
Average Net Assets 0.19% 0.19% 0.20% 0.20% 0.20% 0.20%
Ratio of Net Investment Income to            
Average Net Assets 0.98% 0.83% 0.70% 0.72% 0.89% 1.07%
Portfolio Turnover Rate 33% 29% 32% 27% 30% 29%

The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.

1 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

 

 

Admiral Shares            
Six Months          
  Ended          
For a Share Outstanding April 30,     Year Ended October 31,
Throughout Each Period 2017 2016 2015 2014 2013 2012
Net Asset Value, Beginning of Period $15.80 $15.83 $15.86 $15.87 $15.93 $15.90
Investment Operations            
Net Investment Income .084 .147 .123 .128 .154 .183
Net Realized and Unrealized Gain (Loss)            
on Investments (.010) (. 030) (. 030) (.010) (. 060) .030
Total from Investment Operations .074 .117 .093 .118 .094 .213
Distributions            
Dividends from Net Investment Income (. 084) (.147) (.123) (.128) (.154) (.183)
Distributions from Realized Capital Gains  — — — — — —
Total Distributions (. 084) (.147) (.123) (.128) (.154) (.183)
Net Asset Value, End of Period $15.79 $15.80 $15.83 $15.86 $15.87 $15.93
 
Total Return1 0.47% 0.74% 0.59% 0.74% 0.59% 1.35%
 
Ratios/Supplemental Data            
Net Assets, End of Period (Millions) $13,492 $12,604 $11,029 $11,100 $10,240 $9,351
Ratio of Total Expenses to            
Average Net Assets 0.09% 0.09% 0.12% 0.12% 0.12% 0.12%
Ratio of Net Investment Income to            
Average Net Assets 1.08% 0.93% 0.78% 0.80% 0.97% 1.15%
Portfolio Turnover Rate 33% 29% 32% 27% 30% 29%

 

The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.

1 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

See accompanying Notes, which are an integral part of the Financial Statements.

46

 

Short-Term Tax-Exempt Fund

Notes to Financial Statements

Vanguard Short-Term Tax-Exempt Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund invests in debt instruments of many municipal issuers; the issuers’ abilities to meet their obligations may be affected by economic and political developments in a specific state or region. The fund offers two classes of shares: Investor Shares and Admiral Shares. Investor Shares are available to any investor who meets the fund’s minimum purchase requirements. Admiral Shares are designed for investors who meet certain administrative, service, and account-size criteria.

A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.

1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Investments in Vanguard Municipal Cash Management Fund are valued at that fund’s net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.

2. Futures Contracts: The fund uses futures contracts to invest in fixed income asset classes with greater efficiency and lower cost than is possible through direct investment, to add value when these instruments are attractively priced, or to adjust sensitivity to changes in interest rates. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of bonds held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract.

Futures contracts are valued at their quoted daily settlement prices. The aggregate settlement values of the contracts are not recorded in the Statement of Net Assets. Fluctuations in the value of the contracts are recorded in the Statement of Net Assets as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized futures gains (losses).

During the six months ended April 30, 2017, the fund’s average investments in long and short futures contracts each represented less than 1% of net assets, based on the average of aggregate settlement values at each quarter-end during the period.

3. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (October 31, 2013–2016), and for the period ended April 30, 2017, and has concluded that no provision for federal income tax is required in the fund’s financial statements.

4. Distributions: Distributions from net investment income are declared daily and paid on the first business day of the following month. Annual distributions from realized capital gains, if any, are recorded on the ex-dividend date.

5. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $3.1 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.

The fund had no borrowings outstanding at April 30, 2017, or at any time during the period then ended.

47

 

Short-Term Tax-Exempt Fund

6. Other: Interest income includes income distributions received from Vanguard Municipal Cash Management Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.

Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.

B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. Vanguard does not require reimbursement in the current period for certain costs of operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Net Assets.

Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At April 30, 2017, the fund had contributed to Vanguard capital in the amount of $1,015,000 representing 0.01% of the fund’s net assets and 0.41% of Vanguard’s capitalization. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.

C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

Level 1—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 risk, etc.).

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments).

The following table summarizes the market value of the fund’s investments as of April 30, 2017, based on the inputs used to value them:

  Level 1 Level 2 Level 3
Investments ($000) ($000) ($000)
Tax-Exempt Municipal Bonds — 14,491,175 —
Temporary Cash Investments 385,228 — —
Futures Contracts—Assets1 45 — —
Futures Contracts—Liabilities1 (25) — —
Total 385,248 14,491,175 —
1 Represents variation margin on the last day of the reporting period.      

 

D. At April 30, 2017, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were:

        ($000)
      Aggregate  
    Number of Settlement Unrealized
    Long (Short) Value Appreciation
Futures Contracts Expiration Contracts Long (Short) (Depreciation)
2-Year U.S. Treasury Note June 2017 339 73,431 79
5-Year U.S. Treasury Note June 2017 (233) (27,589) (19)
        60

 

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

48

 

Short-Term Tax-Exempt Fund

E. Capital gain distributions are determined on a tax basis and may differ from realized capital gains for financial reporting purposes. Differences may be permanent or temporary. Permanent differences are reclassified among capital accounts in the financial statements to reflect their tax character. Temporary differences arise when gains or losses are recognized in different periods for financial statement and tax purposes. These differences will reverse at some time in the future.

The fund’s tax-basis capital gains and losses are determined only at the end of each fiscal year. For tax purposes, at October 31, 2016, the fund had available capital losses totaling $9,023,000 to offset future net capital gains through October 31, 2019. The fund will use these capital losses to offset net taxable capital gains, if any, realized during the year ending October 31, 2017; should the fund realize net capital losses for the year, the losses will be added to the loss carryforward balance above.

At April 30, 2017, the cost of investment securities for tax purposes was $14,870,668,000. Net unrealized appreciation of investment securities for tax purposes was $5,735,000, consisting of unrealized gains of $30,205,000 on securities that had risen in value since their purchase and $24,470,000 in unrealized losses on securities that had fallen in value since their purchase.

F. During the six months ended April 30, 2017, the fund purchased $1,735,699,000 of investment securities and sold $2,128,855,000 of investment securities, other than temporary cash investments.

The fund purchased securities from and sold securities to other Vanguard funds or accounts managed by Vanguard or its affiliates, in accordance with procedures adopted by the board of trustees in compliance with Rule 17a-7 of the Investment Company Act of 1940. For the six months ended April 30, 2017, such purchases and sales were $534,085,000 and $715,302,000, respectively; these amounts are included in the purchases and sales of investment securities noted above.

G. Capital share transactions for each class of shares were:      
  Six Months Ended   Year Ended
    April 30, 2017 October 31, 2016
  Amount Shares Amount Shares
  ($000) (000) ($000) (000)
Investor Shares        
Issued 321,931 20,440 369,389 23,343
Issued in Lieu of Cash Distributions 4,839 307 8,661 547
Redeemed (318,246) (20,208) (507,553) (32,076)
Net Increase (Decrease) —Investor Shares 8,524 539 (129,503) (8,186)
Admiral Shares        
Issued 4,345,259 275,952 5,819,980 367,752
Issued in Lieu of Cash Distributions 49,155 3,120 75,295 4,758
Redeemed (3,499,240) (222,199) (4,296,888) (271,522)
Net Increase (Decrease) —Admiral Shares 895,174 56,873 1,598,387 100,988

 

H. Management has determined that no material events or transactions occurred subsequent to April 30, 2017, that would require recognition or disclosure in these financial statements.

49

 

Limited-Term Tax-Exempt Fund

Fund Profile    
As of April 30, 2017      
 
Share-Class Characteristics    
    Investor Admiral
    Shares Shares
Ticker Symbol   VMLTX VMLUX
Expense Ratio1   0.19% 0.09%
30-Day SEC Yield   1.28% 1.38%
 
 
Financial Attributes    
    Bloomberg  
    Barclays Bloomberg
    1–5 Year Barclays
    Municipal Municipal
    Bond Bond
  Fund Index Index
Number of Bonds 3,918 16,730 50,560
Yield to Maturity      
(before expenses) 1.8% 1.4% 2.4%
Average Coupon 3.9% 4.9% 4.8%
Average Duration 2.4 years 2.6 years 6.4 years
Average Stated      
Maturity 2.8 years 3.1 years 12.9 years
Short-Term Reserves 11.2% — —

 

Largest Area Concentrations2  
 
New York   13.5%
California   10.8
Texas   9.1
Pennsylvania   5.0
New Jersey   4.7
Florida   4.6
Illinois   4.5
Ohio   4.5
Maryland   4.5
Massachusetts   4.2
Top Ten   65.4%
 
 
Volatility Measures    
  Bloomberg  
  Barclays Bloomberg
  1–5 Year Barclays
  Municipal Municipal
  Bond Index Bond Index
R-Squared 0.97 0.84
Beta 1.01 0.42

These measures show the degree and timing of the fund’s fluctuations compared with the indexes over 36 months.

 

 

 

Distribution by Stated Maturity (% of portfolio)

 
Under 6 Months 20.9%
6 Months–1 Year 4.4
1–2 Years 13.2
2–3 Years 14.7
3–4 Years 13.3
4–5 Years 14.5
Over 5 Years 19.0

 

Distribution by Credit Quality (% of portfolio)

AAA 22.6%
AA 50.9
A 18.2
BBB 6.7
BB 0.2
B or Lower 0.5
Not Rated 0.9

Credit-quality ratings are obtained from Moody’s and S&P, and
the higher rating for each issue is shown. “Not Rated” is used to
classify securities for which a rating is not available. Not rated
securities include a fund’s investment in Vanguard Market Liquidity
Fund or Vanguard Municipal Cash Management Fund, each of
which invests in high-quality money market instruments and may
serve as a cash management vehicle for the Vanguard funds,
trusts, and accounts. For more information about these ratings,
see the Glossary entry for Credit Quality.


 


Investment Focus


1 The expense ratios shown are from the prospectus dated February 23, 2017, and represent estimated costs for the current fiscal year. For the six months ended April 30, 2017, the annualized expense ratios were 0.19% for Investor Shares and 0.09% for Admiral Shares.

2 Percentage of net assets, excluding any futures contracts.

50

 

Limited-Term Tax-Exempt Fund

Performance Summary

All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.

Fiscal-Year Total Returns (%): October 31, 2006–April 30, 2017      
        Bloomberg
        Barclays
        1–5 Year
        Municipal
      Investor Shares Bond Index
  Income Capital Total Total
Fiscal Year Returns Returns Returns Returns
2007 3.53% 0.09% 3.62% 3.90%
2008 3.43 -0.75 2.68 3.92
2009 2.92 3.00 5.92 7.51
2010 2.40 1.64 4.04 4.32
2011 2.25 -0.72 1.53 2.15
2012 1.94 0.99 2.93 3.17
2013 1.67 -1.07 0.60 0.93
2014 1.63 0.18 1.81 1.98
2015 1.51 -0.36 1.15 1.39
2016 1.49 -0.18 1.31 1.09
20171 0.76 -0.64 0.12 0.50

 

Average Annual Total Returns: Periods Ended March 31, 2017

This table presents returns through the latest calendar quarter—rather than through the end of the fiscal period.

Securities and Exchange Commission rules require that we provide this information.

            Ten Years
  Inception Date One Year Five Years Income Capital Total
Investor Shares 8/31/1987 0.32% 1.20% 2.19% 0.19% 2.38%
Admiral Shares 2/12/2001 0.43 1.29 2.28 0.19 2.47

1 Six months ended April 30, 2017.
See Financial Highlights for dividend and capital gains information.

 

 

51

 

Limited-Term Tax-Exempt Fund

Financial Statements (unaudited)

Statement of Net Assets
As of April 30, 2017

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Tax-Exempt Municipal Bonds (98.5%)        
Alabama (0.6%)        
Alabama Public School & College Authority Capital Improvement Revenue 5.000% 1/1/23 14,310 16,888
Alabama Special Care Facilities Financing Authority Birmingham Revenue        
(Ascension Health Credit Group) PUT 1.850% 11/1/22 9,000 8,854
Auburn University Alabama General Fee Revenue 5.000% 6/1/19 2,000 2,164
Baldwin County AL Board of Education Revenue 5.000% 6/1/21 1,000 1,141
Baldwin County AL Board of Education Revenue 5.000% 6/1/22 1,500 1,741
Birmingham AL Special Care Facilities Financing Authority Revenue        
(Ascension Health Credit Group) PUT 1.500% 5/1/20 4,425 4,405
Birmingham AL Water Works Board Water Revenue 5.000% 1/1/23 1,000 1,174
Birmingham AL Water Works Board Water Revenue 5.000% 1/1/23 430 502
Black Belt Energy Gas District Alabama Gas Supply Revenue PUT 4.000% 6/1/21 10,000 10,790
Houston County AL Health Care Authority Revenue 5.000% 10/1/24 2,000 2,270
Houston County AL Health Care Authority Revenue 5.000% 10/1/25 1,000 1,134
Huntsville AL Water System Revenue 5.000% 11/1/20 1,000 1,129
Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama Revenue        
(Infirmary Health System Inc.) 5.000% 2/1/21 3,065 3,431
Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama Revenue        
(Infirmary Health System Inc.) 5.000% 2/1/22 4,365 4,960
Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama Revenue        
(Infirmary Health System Inc.) 5.000% 2/1/23 4,565 5,271
Jefferson County AL Sewer Revenue 5.000% 10/1/17 1,620 1,640
Jefferson County AL Sewer Revenue 5.000% 10/1/18 1,500 1,550
Jefferson County AL Sewer Revenue 5.000% 10/1/21 1,300 1,388
Mobile AL Industrial Development Board Pollution Control Revenue (Alabama Power Co.) PUT 1.625% 10/2/18 10,000 10,036
Mobile County AL Board of School Commissioners GO 5.000% 3/1/22 600 690
Mobile County AL Board of School Commissioners GO 5.000% 3/1/22 1,000 1,149
Tuscaloosa AL Public Educational Building Authority Student Housing Revenue        
(Ridgecrest Student Housing LLC) 5.000% 7/1/22 (15) 3,485 3,995
Tuscaloosa AL Public Educational Building Authority Student Housing Revenue        
(Ridgecrest Student Housing LLC) 5.000% 7/1/23 (15) 3,660 4,252
Tuscaloosa AL Public Educational Building Authority Student Housing Revenue        
(Ridgecrest Student Housing LLC) 5.000% 7/1/24 (15) 3,845 4,518
Tuscaloosa County AL Industrial Development Authority Gulf Opportunity Zone Revenue        
(Hunt Refining Project) VRDO 0.920% 5/5/17 LOC 5,000 5,000
Tuscaloosa County AL Industrial Development Authority Gulf Opportunity Zone Revenue        
(Hunt Refining Project) VRDO 0.920% 5/5/17 LOC 10,375 10,375
University of Alabama at Birmingham Revenue 5.000% 10/1/17 1,630 1,659
University of Alabama at Birmingham Revenue 5.000% 10/1/17 3,565 3,628
University of Alabama General Revenue 5.000% 7/1/18 4,680 4,903
University of Alabama General Revenue 5.000% 7/1/19 5,345 5,800
University of South Alabama University Facilities Revenue 5.000% 11/1/20 1,395 1,545
University of South Alabama University Facilities Revenue 5.000% 11/1/21 825 932
University of South Alabama University Facilities Revenue 5.000% 11/1/22 1,080 1,233
        130,147
Alaska (0.6%)        
Alaska GO 5.000% 8/1/22 5,590 6,490
Alaska Industrial Development & Export Authority Revenue        
(Greater Fairbanks Community Hospital Foundation Inc.) VRDO 0.900% 5/5/17 LOC 15,800 15,800
Alaska Municipal Bond Bank Authority Revenue 5.000% 12/1/21 2,265 2,586
Alaska Municipal Bond Bank Authority Revenue 5.000% 12/1/22 2,410 2,792
Alaska Municipal Bond Bank Authority Revenue 5.000% 12/1/22 1,740 2,016
Alaska Municipal Bond Bank Authority Revenue 5.000% 12/1/23 2,530 2,969
Alaska Municipal Bond Bank Authority Revenue 5.000% 12/1/23 4,785 5,616
Alaska Railroad Corp. Capital Grant Receipt Revenue 5.000% 8/1/19 2,000 2,151
Alaska Railroad Corp. Capital Grant Receipt Revenue 5.000% 8/1/21 10,140 11,386
Alaska Railroad Corp. Capital Grant Receipt Revenue 5.000% 8/1/22 10,265 11,700
Alaska Railroad Corp. Capital Grant Receipt Revenue 5.000% 8/1/23 13,515 15,625

 

The fund reports a complete list of its holdings in regulatory filings four times in each fiscal year, at the quarter-ends. For the second and fourth fiscal quarters, the lists appear in the fund’s semiannual and annual reports to shareholders. For the first and third fiscal quarters, the fund files the lists with the Securities and Exchange Commission on Form N-Q. Shareholders can look up the fund’s Forms N-Q on the SEC’s website at sec.gov. Forms N-Q may also be reviewed and copied at the SEC’s Public Reference Room (see the back cover of this report for further information).

52

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Alaska State International Airport Revenue 5.000% 10/1/23 500 589
Alaska State International Airport Revenue 5.000% 10/1/24 1,500 1,788
Anchorage AK GO 5.000% 9/1/21 1,000 1,142
Anchorage AK GO 5.000% 9/1/21 2,000 2,284
Anchorage AK GO 5.000% 9/1/21 2,605 2,975
Anchorage AK GO 5.000% 9/1/22 1,665 1,938
Anchorage AK GO 5.000% 9/1/22 2,000 2,328
Matanuska-Susitna Borough AK Lease Revenue (Goose Creek Correctional Center) GO 5.000% 9/1/20 1,725 1,915
Matanuska-Susitna Borough AK Lease Revenue (Goose Creek Correctional Center) GO 5.000% 9/1/21 1,950 2,211
Matanuska-Susitna Borough AK Lease Revenue (Goose Creek Correctional Center) GO 5.000% 9/1/22 1,450 1,668
Matanuska-Susitna Borough AK Lease Revenue (Goose Creek Correctional Center) GO 5.000% 9/1/23 4,150 4,840
North Slope Borough AK GO 5.000% 6/30/18 13,035 13,624
Valdez AK Marine Terminal Revenue (ExxonMobil Project) VRDO 0.860% 5/1/17 21,300 21,300
        137,733
Arizona (1.4%)        
Arizona Board of Regents Arizona State University System Revenue 5.000% 8/1/19 2,140 2,327
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/20 6,000 6,710
Arizona Board of Regents Arizona State University System Revenue 5.000% 8/1/20 1,700 1,904
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/21 5,000 5,743
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/21 10,000 11,485
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/21 975 1,120
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/21 625 718
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/21 300 345
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/22 3,190 3,741
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/22 3,185 3,735
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/22 425 498
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/22 600 704
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/22 455 534
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/23 750 893
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/23 1,500 1,787
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/23 650 774
Arizona COP 5.000% 10/1/17 1,000 1,017
Arizona COP 5.000% 10/1/18 900 950
Arizona COP 4.000% 9/1/19 1,500 1,596
Arizona COP 5.000% 9/1/20 4,300 4,805
Arizona COP 5.000% 9/1/21 6,380 7,295
Arizona COP 5.000% 10/1/22 4,880 5,680
Arizona COP 5.000% 10/1/23 6,500 7,684
Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) 5.000% 2/1/18 1,000 1,028
Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) 5.000% 2/1/19 2,600 2,762
Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) 5.000% 2/1/20 4,550 4,973
1 Arizona Health Facilities Authority Revenue (Phoenix Children’s Hospital) PUT 2.750% 2/5/20 20,000 20,298
1 Arizona Health Facilities Authority Revenue (Phoenix Children’s Hospital) PUT 2.750% 2/5/20 5,000 5,074
Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) 5.000% 12/1/19 600 654
Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) 5.000% 12/1/20 1,000 1,119
Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) 5.000% 12/1/21 1,000 1,141
Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) 5.000% 12/1/22 800 929
Arizona School Facilities Board COP 5.000% 9/1/18 1,500 1,578
Arizona School Facilities Board COP 5.000% 9/1/20 11,000 12,284
Arizona School Facilities Board COP 5.000% 9/1/21 7,000 8,004
Arizona State University Revenue (McAllister Academic Village LLC) 5.000% 7/1/20 1,505 1,672
Arizona State University Revenue (McAllister Academic Village LLC) 5.000% 7/1/22 1,770 2,003
Arizona Transportation Board Excise Tax Revenue 5.000% 7/1/21 9,000 10,341
Arizona Transportation Board Excise Tax Revenue 5.000% 7/1/22 3,000 3,509
Arizona Transportation Board Excise Tax Revenue 5.000% 7/1/23 3,500 4,160
Arizona Transportation Board Highway Revenue 5.000% 7/1/20 3,360 3,758
Arizona Water Infrastructure Finance Authority Revenue 5.000% 10/1/19 (ETM) 530 579
Arizona Water Infrastructure Finance Authority Revenue 5.000% 10/1/19 1,470 1,609
Glendale AZ GO 4.000% 7/1/21 (4) 3,400 3,697
Glendale AZ GO 5.000% 7/1/22 (4) 1,670 1,930
Glendale AZ Industrial Development Authority Revenue (Midwestern University) 5.000% 5/15/17 3,115 3,121
Glendale AZ Industrial Development Authority Senior Living Facilities Revenue        
(Royal Oaks Life Care Community) 4.000% 5/15/20 450 482
Glendale AZ Industrial Development Authority Senior Living Facilities Revenue        
(Royal Oaks Life Care Community) 4.000% 5/15/21 750 815
Glendale AZ Industrial Development Authority Senior Living Facilities Revenue        
(Royal Oaks Life Care Community) 4.000% 5/15/22 750 821
Glendale AZ Industrial Development Authority Senior Living Facilities Revenue        
(Royal Oaks Life Care Community) 4.000% 5/15/23 750 826
Glendale AZ Senior Excise Tax Revenue 5.000% 7/1/20 2,770 3,081
Glendale AZ Senior Excise Tax Revenue 5.000% 7/1/21 2,900 3,302

 

53

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Glendale AZ Senior Excise Tax Revenue 5.000% 7/1/22 3,100 3,594
Goodyear Public Improvement Corp. Municipal Facilities Revenue 5.000% 7/1/21 800 913
Goodyear Public Improvement Corp. Municipal Facilities Revenue 5.000% 7/1/22 1,500 1,741
Goodyear Public Improvement Corp. Municipal Facilities Revenue 5.000% 7/1/24 900 1,075
Maricopa County AZ Industrial Development Authority Health Facilities Revenue        
(Banner Health Obligated Group) 5.000% 1/1/21 3,500 3,947
Maricopa County AZ Industrial Development Authority Health Facilities Revenue        
(Banner Health Obligated Group) 5.000% 1/1/22 3,650 4,209
Maricopa County AZ Industrial Development Authority Health Facilities Revenue        
(Banner Health Obligated Group) 5.000% 1/1/23 5,500 6,432
Maricopa County AZ Industrial Development Authority Health Facilities Revenue        
(Banner Health Obligated Group) 5.000% 1/1/24 2,250 2,667
Maricopa County AZ Unified School District No. 4 (Mesa) GO 4.000% 7/1/18 3,220 3,333
Maricopa County AZ Unified School District No. 4 (Mesa) GO 4.000% 7/1/19 3,750 3,983
Phoenix AZ Civic Improvement Corp. Airport Revenue 5.000% 7/1/20 450 500
Phoenix AZ Civic Improvement Corp. Airport Revenue 5.000% 7/1/21 335 380
Phoenix AZ Civic Improvement Corp. Airport Revenue 5.000% 7/1/22 200 232
Phoenix AZ Civic Improvement Corp. Excise Tax Revenue 5.000% 7/1/17 3,310 3,334
Phoenix AZ Civic Improvement Corp. Excise Tax Revenue 5.000% 7/1/21 2,000 2,286
Phoenix AZ Civic Improvement Corp. Excise Tax Revenue 5.000% 7/1/22 1,775 2,068
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/20 17,055 19,073
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/21 12,360 14,196
Pima County AZ Regional Transportation Authority Excise Tax Revenue 5.000% 6/1/19 3,155 3,413
Pima County AZ Regional Transportation Authority Excise Tax Revenue 5.000% 6/1/20 2,840 3,168
Pima County AZ Regional Transportation Authority Excise Tax Revenue 5.000% 6/1/21 3,000 3,436
Pima County AZ Sewer Revenue 5.000% 7/1/19 1,000 1,085
Pima County AZ Sewer Revenue 5.000% 7/1/22 7,250 8,503
Pima County AZ Tucson Unified School District No. 1 GO 5.000% 7/1/21 (15) 400 455
Pima County AZ Tucson Unified School District No. 1 GO 5.000% 7/1/22 (15) 1,000 1,160
Regional Public Transportation Authority Arizona Excise Tax Revenue        
(Maricopa County Public Transportation) 5.250% 7/1/20 4,850 5,460
Salt River Project Arizona Agricultural Improvement & Power District Revenue 4.000% 12/1/17 1,000 1,019
Salt River Project Arizona Agricultural Improvement & Power District Revenue 5.000% 12/1/18 4,520 4,812
Salt Verde AZ Financial Corp. Gas Revenue 5.000% 12/1/18 165 174
Salt Verde AZ Financial Corp. Gas Revenue 5.250% 12/1/19 1,565 1,697
Scottsdale AZ GO 5.000% 7/1/17 2,700 2,720
Scottsdale AZ GO 5.000% 7/1/19 1,860 2,020
Scottsdale AZ GO 4.000% 7/1/20 11,150 12,130
University Medical Center Corp. Arizona Hospital Revenue 5.000% 7/1/21 (ETM) 2,740 3,140
Yavapai County AZ Industrial Development Authority Hospital Facility Revenue        
(Northern Arizona Healthcare System) 5.000% 10/1/17 1,445 1,470
Yavapai County AZ Industrial Development Authority Hospital Facility Revenue        
(Northern Arizona Healthcare System) 5.000% 10/1/18 2,185 2,303
Yavapai County AZ Industrial Development Authority Solid Waste Disposal Revenue        
(Republic Services Inc.) PUT 1.050% 6/1/17 9,250 9,250
Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Center) 5.000% 8/1/20 1,000 1,104
Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Center) 5.000% 8/1/21 750 844
Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Center) 5.000% 8/1/22 1,000 1,144
Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Center) 5.000% 8/1/23 1,000 1,158
        323,223
Arkansas (0.2%)        
Arkansas Development Finance Authority Healthcare Revenue (Baptist Health) 5.000% 12/1/20 4,225 4,729
Arkansas Development Finance Authority Healthcare Revenue (Baptist Health) 5.000% 12/1/21 4,560 5,212
Arkansas Development Finance Authority Healthcare Revenue (Baptist Health) 5.000% 12/1/22 700 815
Arkansas Development Finance Authority Hospital Revenue        
(Washington Regional Medical Center) 5.000% 2/1/21 920 1,029
Arkansas Development Finance Authority Hospital Revenue        
(Washington Regional Medical Center) 5.000% 2/1/22 760 864
Arkansas Federal Highway Grant Anticipation & Tax Revenue GO 5.000% 10/1/21 5,000 5,782
Baxter County AR Hospital Revenue 5.000% 9/1/20 1,385 1,529
Baxter County AR Hospital Revenue 5.000% 9/1/21 1,140 1,284
Baxter County AR Hospital Revenue 5.000% 9/1/22 1,000 1,141
Baxter County AR Hospital Revenue 5.000% 9/1/23 960 1,108
Independence County AR Pollution Control Revenue (Entergy Arkansas, Inc. Project) 2.375% 1/1/21 15,000 15,418
Jefferson County AR Pollution Control Revenue (Entergy Arkansas, Inc. Project) 1.550% 10/1/17 10,000 10,019
        48,930
California (10.8%)        
ABAG Finance Authority for Nonprofit Corps. California Revenue (Jackson Laboratory) 5.000% 7/1/18 1,000 1,045
ABAG Finance Authority for Nonprofit Corps. California Revenue (Jackson Laboratory) 5.000% 7/1/19 1,050 1,133
ABAG Finance Authority for Nonprofit Corps. California Revenue (Sharp Healthcare) 5.000% 8/1/19 1,000 1,087
ABAG Finance Authority for Nonprofit Corps. California Revenue (Sharp Healthcare) 4.000% 8/1/20 500 543

 

54

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Alameda CA Corridor Transportation Authority Revenue 5.000% 10/1/19 1,000 1,090
Alameda CA Corridor Transportation Authority Revenue 0.000% 10/1/20 (ETM) 5,485 5,248
Alameda CA Corridor Transportation Authority Revenue 0.000% 10/1/20 (2) 115 108
Alameda CA Corridor Transportation Authority Revenue 5.000% 10/1/20 1,730 1,937
Alameda County CA Joint Powers Authority Lease Revenue 5.000% 12/1/21 1,200 1,389
Alameda County CA Joint Powers Authority Lease Revenue 5.000% 12/1/22 1,540 1,817
Alameda County CA Joint Powers Authority Lease Revenue 5.000% 12/1/23 1,820 2,179
Antelope Valley-East Kern CA Water Agency Revenue 4.000% 6/1/21 1,000 1,104
2 Bakersfield CA Wastewater Revenue TOB VRDO 1.120% 5/5/17 (Prere.) 5,315 5,315
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) 4.000% 4/1/21 3,350 3,703
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.500% 4/2/18 13,500 13,532
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.875% 4/1/19 15,200 15,366
1 Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.600% 10/1/19 9,825 9,824
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.875% 4/1/20 27,500 27,777
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 2.100% 4/1/22 23,100 23,425
1 Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.800% 5/1/23 28,500 28,491
1 Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.800% 5/1/23 4,000 3,999
Brea CA Redevelopment Agency Successor Agency Tax Allocation Revenue        
(Redevelopment Project AB) 5.000% 8/1/18 1,200 1,258
Brea CA Redevelopment Agency Successor Agency Tax Allocation Revenue        
(Redevelopment Project AB) 5.000% 8/1/19 2,000 2,165
Brea CA Redevelopment Agency Successor Agency Tax Allocation Revenue        
(Redevelopment Project AB) 5.000% 8/1/20 2,200 2,445
California County CA Tobacco Securitization Agency Revenue 5.000% 6/1/19 1,000 1,069
California County CA Tobacco Securitization Agency Revenue 5.000% 6/1/20 1,200 1,312
California Department of Water Resources Power Supply Revenue 5.000% 5/1/17 22,000 22,008
California Department of Water Resources Power Supply Revenue 5.000% 5/1/19 10,000 10,800
California Department of Water Resources Power Supply Revenue 5.000% 5/1/21 23,000 26,398
California Department of Water Resources Power Supply Revenue 5.000% 5/1/22 54,000 63,439
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/17 (ETM) 10 10
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/17 2,490 2,552
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/18 (ETM) 5 5
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/18 1,360 1,448
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/19 (ETM) 10 11
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/19 3,990 4,395
1 California Department of Water Resources Water System Revenue (Central Valley Project) PUT 1.200% 12/1/17 32,250 32,244
California Economic Recovery GO 5.000% 7/1/17 (ETM) 15,090 15,200
California Economic Recovery GO 5.000% 7/1/18 (ETM) 9,305 9,757
California Economic Recovery GO 5.000% 7/1/18 (ETM) 32,295 33,874
1 California GO 1.650% 5/1/17 3,700 3,700
California GO 5.000% 9/1/17 4,250 4,310
California GO 5.000% 9/1/17 2,805 2,845
California GO 5.000% 10/1/17 20,000 20,353
California GO 5.000% 10/1/17 4,005 4,076
California GO 5.000% 9/1/18 32,260 34,003
California GO 5.000% 9/1/18 8,050 8,485
California GO 5.000% 10/1/18 34,000 35,946
California GO 5.000% 2/1/19 11,000 11,769
California GO 5.000% 9/1/19 19,000 20,734
California GO 5.000% 9/1/19 17,825 19,452
California GO 5.000% 2/1/20 44,500 49,161
California GO 5.000% 11/1/20 21,520 24,292
California GO 5.000% 12/1/20 25,475 28,821
California GO 5.000% 2/1/21 10,000 11,359
California GO 5.000% 8/1/21 14,000 16,097
California GO 5.000% 8/1/21 4,425 5,088
California GO 5.000% 9/1/21 52,595 60,582
California GO 5.000% 10/1/21 28,000 32,310
California GO 5.000% 10/1/21 41,940 48,395
California GO 5.000% 11/1/21 49,440 57,150
California GO 4.000% 9/1/22 10,000 11,227
California GO 5.000% 9/1/22 43,025 50,501
California GO 5.000% 9/1/22 10,000 11,737
California GO 5.000% 8/1/23 16,500 19,670
1 California GO PUT 1.388% 12/1/17 14,250 14,268
1 California GO PUT 1.350% 5/1/18 29,500 29,538
1 California GO PUT 1.518% 12/3/18 6,500 6,512
California GO PUT 4.000% 12/1/21 20,700 22,760
2 California GO TOB VRDO 1.030% 5/5/17 (4) LOC 16,725 16,725
2 California GO TOB VRDO 1.030% 5/5/17 (4) LOC 15,055 15,055
California Health Facilities Financing Authority Revenue (Adventist Health System/West) 2.000% 3/1/18 5,980 6,025

 

55

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
California Health Facilities Financing Authority Revenue (Adventist Health System/West) 3.000% 3/1/19 6,045 6,233
California Health Facilities Financing Authority Revenue (Adventist Health System/West) 3.000% 3/1/20 6,290 6,563
California Health Facilities Financing Authority Revenue (Adventist Health System/West) 4.000% 3/1/21 850 926
California Health Facilities Financing Authority Revenue (Catholic Healthcare West) 5.000% 3/1/19 5,125 5,479
California Health Facilities Financing Authority Revenue (Cedars-Sinai Medical Center) 5.000% 8/15/17 3,000 3,036
California Health Facilities Financing Authority Revenue (Cedars-Sinai Medical Center) 5.000% 8/15/18 3,000 3,153
1 California Health Facilities Financing Authority Revenue (Children’s Hospital of Los Angeles) PUT 2.700% 7/1/17 8,825 8,837
California Health Facilities Financing Authority Revenue (City of Hope Medical Center) 4.000% 11/15/18 1,000 1,044
California Health Facilities Financing Authority Revenue (El Camino Hospital) 4.000% 2/1/21 1,500 1,634
California Health Facilities Financing Authority Revenue (El Camino Hospital) 5.000% 2/1/22 750 862
California Health Facilities Financing Authority Revenue (El Camino Hospital) 5.000% 2/1/22 1,000 1,150
California Health Facilities Financing Authority Revenue (El Camino Hospital) 5.000% 2/1/23 650 759
California Health Facilities Financing Authority Revenue (El Camino Hospital) 5.000% 2/1/24 1,000 1,184
California Health Facilities Financing Authority Revenue (Kaiser Permanente) VRDO 0.900% 5/5/17 11,800 11,800
3 California Health Facilities Financing Authority Revenue (Kaiser Permanente) VRDO 5.000% 11/1/22 47,000 54,870
3 California Health Facilities Financing Authority Revenue (Kaiser Permanente) VRDO 5.000% 11/1/22 8,000 9,339
California Health Facilities Financing Authority Revenue (Providence Health & Services) 5.000% 10/1/21 750 865
California Health Facilities Financing Authority Revenue (Providence Health & Services) 5.000% 10/1/22 2,205 2,590
California Health Facilities Financing Authority Revenue        
(Providence St. Joseph Health Obligated Group) PUT 1.250% 10/1/20 6,400 6,338
California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT 5.000% 10/15/19 23,500 25,558
California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT 5.000% 10/15/20 10,000 11,166
California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT 1.700% 10/18/22 10,000 9,806
California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT 5.000% 10/18/22 6,000 6,958
California Health Facilities Financing Authority Revenue (Sutter Health) 4.000% 8/15/17 5,000 5,048
California Health Facilities Financing Authority Revenue (Sutter Health) PUT 1.000% 8/15/19 6,000 5,950
California Infrastructure & Economic Development Bank Revenue        
(Academy of Motion Picture Arts & Sciences Obligated Group) 5.000% 11/1/22 1,000 1,169
1 California Infrastructure & Economic Development Bank Revenue        
(Academy of Motion Picture Arts & Sciences Obligated Group) PUT 1.645% 11/1/20 20,000 20,009
2 California Infrastructure & Economic Development Bank Revenue        
(Academy of Motion Picture Arts & Sciences Obligated Group) TOB VRDO 1.100% 5/5/17 6,670 6,670
1 California Infrastructure & Economic Development Bank Revenue (Index-Museum Art Project) PUT 2.445% 8/1/18 29,000 29,162
1 California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT 1.180% 4/1/18 31,500 31,493
1 California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT 1.180% 4/2/18 11,000 10,998
1 California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT 1.173% 4/1/20 9,375 9,377
1 California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT 1.173% 4/1/20 7,500 7,501
California Municipal Finance Authority Revenue (Anaheim Electric Utility Distribution System) 5.000% 10/1/21 1,300 1,503
1 California Municipal Finance Authority Revenue (Anaheim Electric Utility Distribution System) PUT 1.400% 4/2/18 14,000 13,964
California Municipal Finance Authority Revenue (Biola University) 5.000% 10/1/22 135 156
California Municipal Finance Authority Revenue (Biola University) 5.000% 10/1/23 415 485
California Municipal Finance Authority Revenue        
(Community Hospitals of Central California Obligated Group) 5.000% 2/1/21 1,000 1,117
California Municipal Finance Authority Revenue        
(Community Hospitals of Central California Obligated Group) 5.000% 2/1/22 500 569
California Municipal Finance Authority Revenue        
(Community Hospitals of Central California Obligated Group) 5.000% 2/1/23 835 963
California Municipal Finance Authority Revenue (University of La Verne) 5.000% 6/1/21 350 398
California Municipal Finance Authority Revenue (University of La Verne) 5.000% 6/1/22 250 290
California Municipal Finance Authority Revenue (University of La Verne) 5.000% 6/1/23 600 705
California Municipal Finance Authority Revenue (University of La Verne) 5.000% 6/1/24 350 416
California Pollution Control Financing Authority Solid Waste Disposal Revenue        
(Recology Inc. Project) VRDO 0.900% 5/5/17 LOC 30,950 30,950
California Public Finance Authority Revenue (Henry Mayo Newhall Memorial Hospital) 5.000% 10/15/22 375 420
California Public Finance Authority Revenue (Henry Mayo Newhall Memorial Hospital) 5.000% 10/15/23 350 395
California Public Works Board Lease Revenue 5.000% 3/1/21 1,965 2,227
California Public Works Board Lease Revenue 5.000% 10/1/21 7,455 8,557
California Public Works Board Lease Revenue 5.000% 3/1/22 1,600 1,849
California Public Works Board Lease Revenue 5.000% 10/1/22 5,750 6,721
California Public Works Board Lease Revenue 5.000% 3/1/23 4,000 4,700
California Public Works Board Lease Revenue 5.000% 10/1/23 12,880 15,297
California Public Works Board Lease Revenue 5.000% 3/1/24 3,145 3,750
California Public Works Board Lease Revenue (Department of Corrections) 5.000% 6/1/17 5,000 5,019
California Public Works Board Lease Revenue (Department of Corrections) 4.000% 9/1/17 4,500 4,548
California Public Works Board Lease Revenue (Department of Corrections) 5.000% 10/1/17 5,820 5,921
California Public Works Board Lease Revenue (Department of Corrections) 5.000% 6/1/18 2,500 2,609
California Public Works Board Lease Revenue (Department of Corrections) 5.000% 6/1/18 10,650 11,115
California Public Works Board Lease Revenue (Department of Corrections) 5.000% 9/1/18 5,790 6,099
California Public Works Board Lease Revenue (Department of Corrections) 5.000% 10/1/18 1,845 1,949
California Public Works Board Lease Revenue (Department of Corrections) 5.250% 11/1/18 (14) 1,180 1,255
California Public Works Board Lease Revenue (Department of Corrections) 5.000% 6/1/19 16,620 17,980

 

56

 

Limited-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  California Public Works Board Lease Revenue (Department of Corrections) 5.000% 10/1/20 1,690 1,901
  California Public Works Board Lease Revenue (Department of State Hospitals) 5.000% 6/1/19 5,600 6,058
  California Public Works Board Lease Revenue (Department of State Hospitals) 5.000% 6/1/20 5,200 5,795
  California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 12/1/17 5,200 5,326
  California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 12/1/18 4,000 4,252
  California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 3/1/20 1,175 1,300
  California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 10/1/20 1,240 1,394
  California Public Works Board Lease Revenue (Regents of The University of California) 5.000% 10/1/18 (ETM) 2,665 2,823
  California Public Works Board Lease Revenue (Regents of The University of California) 5.000% 10/1/19 (ETM) 2,960 3,240
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 10/1/17 3,000 3,052
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 11/1/17 1,000 1,021
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 1/1/18 11,710 12,032
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 4/1/18 1,000 1,037
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 10/1/18 3,500 3,698
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 11/1/18 1,200 1,272
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 11/1/18 2,500 2,650
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 1/1/19 7,755 8,268
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 11/1/19 2,000 2,192
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 11/1/19 2,750 3,015
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 4/1/20 3,050 3,383
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 11/1/20 2,000 2,254
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 11/1/21 3,500 4,024
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 4/1/22 5,885 6,812
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 11/1/22 5,000 5,853
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 4/1/23 6,620 7,791
  California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 11/1/23 5,000 5,947
  California State University Systemwide Revenue 5.000% 11/1/17 5,505 5,622
  California State University Systemwide Revenue 5.000% 11/1/18 4,000 4,246
  California State University Systemwide Revenue 5.000% 11/1/21 8,525 9,887
  California State University Systemwide Revenue 5.000% 11/1/22 2,700 3,197
  California State University Systemwide Revenue 5.000% 11/1/23 2,270 2,731
  California State University Systemwide Revenue PUT 4.000% 11/1/21 26,800 29,433
  California State University Systemwide Revenue PUT 4.000% 11/1/23 4,000 4,489
  California Statewide Communities Development Authority Pollution Control Revenue        
  (Southern California Edison Co.) PUT 1.375% 4/2/18 45,200 45,302
2 California Statewide Communities Development Authority Revenue        
  (Cottage Health System Obligated Group) TOB VRDO 1.050% 5/5/17 4,880 4,880
  California Statewide Communities Development Authority Revenue        
  (Huntington Memorial Hospital) 5.000% 7/1/19 500 539
  California Statewide Communities Development Authority Revenue        
  (Huntington Memorial Hospital) 5.000% 7/1/20 325 360
  California Statewide Communities Development Authority Revenue        
  (Huntington Memorial Hospital) 5.000% 7/1/21 275 312
  California Statewide Communities Development Authority Revenue        
  (Huntington Memorial Hospital) 5.000% 7/1/22 250 288
2 California Statewide Communities Development Authority Revenue (Kaiser Permanente)        
  TOB VRDO 1.100% 5/5/17 6,630 6,630
  California Statewide Communities Development Authority Revenue (Kaiser Permanente) VRDO 0.920% 5/5/17 7,480 7,480
  California Statewide Communities Development Authority Revenue        
  (Redlands Community Hospital) 5.000% 10/1/19 1,110 1,198
  California Statewide Communities Development Authority Revenue        
  (Redlands Community Hospital) 5.000% 10/1/22 170 193
  California Statewide Communities Development Authority Revenue        
  (Redlands Community Hospital) 5.000% 10/1/23 965 1,106
  California Statewide Communities Development Authority Senior Living Health Facility Revenue        
  (Los Angeles Jewish Home for the Aging) 2.500% 8/1/20 1,165 1,168
  California Statewide Communities Development Authority Senior Living Health Facility Revenue        
  (Los Angeles Jewish Home for the Aging) 3.000% 8/1/21 2,600 2,603
  Capistrano CA Unified School District Special Tax Revenue 5.000% 9/1/20 (15) 4,810 5,202
  Chula Vista CA Industrial Development Revenue (San Diego Gas & Electric Co.) 1.650% 7/1/18 9,000 9,005
  Chula Vista CA Municipal Financing Authority Special Tax Revenue 5.000% 9/1/17 570 577
  Chula Vista CA Municipal Financing Authority Special Tax Revenue 5.000% 9/1/18 2,310 2,415
  Chula Vista CA Municipal Financing Authority Special Tax Revenue 5.000% 9/1/19 2,610 2,808
  Contra Costa CA Municipal Water District Revenue 5.000% 10/1/18 2,000 2,117
  Contra Costa CA Municipal Water District Revenue 5.000% 10/1/19 2,100 2,301
  Contra Costa CA Municipal Water District Revenue 5.000% 10/1/20 1,500 1,694
  Contra Costa CA Municipal Water District Revenue 5.000% 10/1/21 2,000 2,319
  East Bay CA Municipal Utility District Water System Revenue 5.000% 6/1/17 2,450 2,460
  East Bay CA Municipal Utility District Water System Revenue 5.000% 6/1/19 2,000 2,167
1,2 Eaton Vance California Municipal Bond Fund II 1.750% 7/1/19 8,250 8,251
  El Camino CA Healthcare District GO 5.000% 8/1/21 1,100 1,268

 

57

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
El Camino CA Healthcare District GO 5.000% 8/1/22 1,000 1,178
Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue 0.000% 1/15/21 (4) 4,115 3,813
Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue PUT 5.000% 1/15/18 20,495 20,644
Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue PUT 5.000% 1/15/20 52,515 55,910
3 Fresno CA Joint Powers Financing Authority Lease Revenue 5.000% 4/1/22 (4) 450 517
3 Fresno CA Joint Powers Financing Authority Lease Revenue 5.000% 4/1/23 (4) 800 931
3 Fresno CA Joint Powers Financing Authority Lease Revenue 5.000% 4/1/24 (4) 675 794
Glendale CA Redevelopment Agency Successor Agency Tax Allocation Revenue        
(Central Glendale Redevelopment Project) 4.000% 12/1/17 (4) 2,500 2,543
Glendale CA Redevelopment Agency Successor Agency Tax Allocation Revenue        
(Central Glendale Redevelopment Project) 4.000% 12/1/18 (4) 1,185 1,237
Glendale CA Redevelopment Agency Successor Agency Tax Allocation Revenue        
(Central Glendale Redevelopment Project) 4.000% 12/1/19 (4) 2,910 3,102
Glendale CA Redevelopment Agency Successor Agency Tax Allocation Revenue        
(Central Glendale Redevelopment Project) 5.000% 12/1/21 (4) 1,725 1,972
Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/19 5,640 6,072
Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/20 3,330 3,686
Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/21 2,750 3,103
Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/22 3,665 4,195
Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/23 11,015 12,741
Irvine CA Reassessment District No. 13-1 Improvement Revenue 4.000% 9/2/18 1,450 1,501
La Quinta CA Redevelopment Agency Tax Allocation Revenue 4.000% 9/1/17 1,130 1,142
La Quinta CA Redevelopment Agency Tax Allocation Revenue 5.000% 9/1/18 1,745 1,834
La Quinta CA Redevelopment Agency Tax Allocation Revenue 5.000% 9/1/19 1,150 1,247
La Quinta CA Redevelopment Agency Tax Allocation Revenue 5.000% 9/1/20 1,045 1,162
La Quinta CA Redevelopment Agency Tax Allocation Revenue 5.000% 9/1/21 1,250 1,422
La Verne CA (Brethren Hillcrest Homes) COP 5.000% 5/15/20 640 696
La Verne CA (Brethren Hillcrest Homes) COP 5.000% 5/15/21 310 343
La Verne CA (Brethren Hillcrest Homes) COP 5.000% 5/15/22 725 814
Long Beach CA Finance Authority Natural Gas Purchase Revenue 5.250% 11/15/20 1,505 1,662
Long Beach CA Harbor Revenue 5.000% 11/15/18 32,500 34,534
Los Angeles CA Community College District GO 5.000% 8/1/21 5,000 5,769
Los Angeles CA Community College District GO 5.000% 8/1/22 3,030 3,574
Los Angeles CA Community College District GO 3.000% 8/1/23 1,500 1,625
Los Angeles CA Department of Airports International Airport Revenue 5.000% 5/15/19 1,000 1,080
Los Angeles CA Department of Airports International Airport Revenue 5.000% 5/15/20 1,275 1,419
Los Angeles CA GO 5.000% 9/1/17 32,500 32,969
Los Angeles CA GO 5.000% 9/1/19 5,000 5,461
Los Angeles CA Unified School District GO 5.000% 7/1/17 19,090 19,230
Los Angeles CA Unified School District GO 5.000% 7/1/19 13,205 14,341
Los Angeles CA Unified School District GO 5.000% 7/1/19 7,035 7,640
Los Angeles CA Unified School District GO 5.000% 7/1/19 8,510 9,242
Los Angeles CA Unified School District GO 5.000% 7/1/20 17,195 19,253
Los Angeles CA Unified School District GO 5.000% 7/1/20 22,525 25,221
Los Angeles CA Unified School District GO 5.000% 7/1/20 20,920 23,424
Los Angeles CA Unified School District GO 5.000% 7/1/20 14,755 16,521
Los Angeles CA Unified School District GO 5.000% 7/1/22 16,340 19,213
Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue 5.000% 7/1/19 20,000 21,739
Los Angeles County CA Public Works Financing Authority Lease Revenue 5.000% 8/1/17 5,000 5,054
Los Angeles County CA Public Works Financing Authority Lease Revenue 5.000% 8/1/18 750 788
Los Angeles County CA Public Works Financing Authority Lease Revenue 5.000% 8/1/19 1,000 1,087
Los Angeles County CA Public Works Financing Authority Lease Revenue 5.000% 8/1/20 500 560
Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Various Project Areas) 5.000% 9/1/18 1,000 1,051
Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Various Project Areas) 5.000% 9/1/19 2,000 2,172
Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Various Project Areas) 5.000% 9/1/20 5,495 6,129
Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Various Project Areas) 5.000% 9/1/21 (4) 5,000 5,702
Los Angeles County CA Regional Financing Authority Revenue (MonteCedro Inc. Project) 3.000% 11/15/21 290 290
1 Metropolitan Water District of Southern California Revenue PUT 1.060% 7/10/17 9,500 9,500
1 Metropolitan Water District of Southern California Revenue PUT 1.060% 7/10/17 5,500 5,500
1 Metropolitan Water District of Southern California Revenue PUT 1.060% 7/10/17 5,000 5,000
1 Metropolitan Water District of Southern California Revenue PUT 1.280% 3/27/18 3,000 3,001
1 Metropolitan Water District of Southern California Revenue PUT 1.280% 3/27/18 25,710 25,698
1 Metropolitan Water District of Southern California Revenue PUT 1.280% 3/27/18 15,290 15,283
Modesto CA Irrigation District Electric Revenue 5.000% 7/1/18 750 785
Modesto CA Irrigation District Electric Revenue 5.000% 7/1/19 3,000 3,249
Modesto CA Irrigation District Electric Revenue 5.000% 7/1/19 500 542
Modesto CA Irrigation District Electric Revenue 5.000% 7/1/20 750 836
Northern California Gas Authority No. 1 Revenue 1.399% 7/1/19 12,815 12,742
2 Nuveen California AMT-Free Quality Municipal Income Fund VRDP VRDO 1.050% 5/5/17 LOC 35,500 35,500
Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) 5.000% 9/1/17 3,500 3,547
Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) 5.000% 9/1/18 1,550 1,629

 

58

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) 5.000% 9/1/19 1,500 1,626
Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) 5.000% 9/1/20 6,000 6,671
Orange County CA Transportation Authority Toll Road Revenue 5.000% 8/15/19 1,000 1,089
Palomar Pomerado Health California Revenue 5.000% 11/1/22 2,680 3,001
Riverside CA Electric Revenue VRDO 0.860% 5/5/17 LOC 12,000 12,000
Riverside County CA Asset Leasing Corp. Leasehold Revenue (Riverside County Hospital Project) 5.000% 6/1/18 6,500 6,771
Riverside County CA Transportation Commission Sales Tax Revenue 5.000% 6/1/18 500 523
Riverside County CA Transportation Commission Sales Tax Revenue 5.000% 6/1/19 850 921
Riverside County CA Transportation Commission Sales Tax Revenue 5.000% 6/1/20 1,750 1,956
Roseville CA Natural Gas Financing Authority Gas Revenue 5.000% 2/15/18 50 51
2 Sacramento CA Municipal Utility District Revenue TOB VRDO 1.230% 5/5/17 4,985 4,985
San Bernardino CA City Unified School District GO 5.000% 8/1/18 850 891
San Bernardino CA City Unified School District GO 5.000% 8/1/19 (4) 600 651
San Diego County CA Water Authority Revenue 5.000% 5/1/21 1,450 1,663
San Diego County CA Water Authority Revenue 5.000% 5/1/22 1,200 1,408
San Francisco CA City & County International Airport Revenue 5.000% 5/1/17 16,555 16,561
San Francisco CA City & County Public Utilities Commission Water Revenue 5.000% 11/1/20 13,145 14,872
San Francisco CA City & County Public Utilities Commission Water Revenue 5.000% 11/1/21 9,940 11,537
San Francisco CA City & County Public Utilities Commission Water Revenue 5.000% 11/1/22 11,270 13,358
San Francisco CA City & County Public Utilities Commission Water Revenue 5.000% 11/1/23 6,000 7,228
San Francisco CA City & County Public Utilities Commission Water Revenue 5.000% 11/1/24 5,000 6,103
San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue        
(Redevelopment Projects) 4.000% 8/1/17 (ETM) 230 232
San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue        
(Redevelopment Projects) 4.000% 8/1/17 2,170 2,188
San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue        
(Redevelopment Projects) 5.000% 8/1/18 (ETM) 340 358
San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue        
(Redevelopment Projects) 5.000% 8/1/18 2,660 2,794
San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue        
(Redevelopment Projects) 5.000% 8/1/19 2,000 2,168
San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue        
(Redevelopment Projects) 5.000% 8/1/20 1,500 1,671
San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue        
(Redevelopment Projects) 5.000% 8/1/21 2,000 2,283
San Juan CA Unified School District GO 5.000% 8/1/19 1,090 1,187
San Juan CA Unified School District GO 5.000% 8/1/21 1,000 1,152
San Mateo County CA Joint Powers Financing Authority Lease Revenue        
(Maple Street Correctional Center) 5.000% 6/15/17 1,000 1,006
San Mateo County CA Joint Powers Financing Authority Lease Revenue        
(Maple Street Correctional Center) 5.000% 6/15/18 1,000 1,046
San Mateo County CA Joint Powers Financing Authority Lease Revenue        
(Maple Street Correctional Center) 5.000% 6/15/19 1,000 1,083
San Mateo County CA Joint Powers Financing Authority Lease Revenue        
(Maple Street Correctional Center) 5.000% 6/15/20 1,000 1,116
San Mateo County CA Joint Powers Financing Authority Lease Revenue        
(Maple Street Correctional Center) 5.000% 6/15/21 500 573
San Pablo CA Redevelopment Agency Successor Agency Tax Allocation Revenue 5.000% 6/15/20 (4) 1,045 1,161
San Pablo CA Redevelopment Agency Successor Agency Tax Allocation Revenue 5.000% 6/15/21 (4) 500 570
South Orange County CA Public Financing Authority Special Tax Revenue 5.000% 8/15/19 1,000 1,075
South Orange County CA Public Financing Authority Special Tax Revenue 5.000% 8/15/20 600 659
Southern California Public Power Authority Revenue 5.000% 7/1/18 2,000 2,096
Southern California Public Power Authority Revenue (Natural Gas Project) 5.000% 11/1/17 1,000 1,018
Southern California Public Power Authority Revenue (Transmission Project) 5.000% 7/1/17 9,895 9,968
University of California Regents Medical Center Pooled Revenue 5.000% 5/15/21 5,000 5,733
University of California Regents Medical Center Pooled Revenue 5.000% 5/15/22 4,000 4,683
University of California Regents Medical Center Pooled Revenue 5.000% 5/15/23 8,000 9,553
University of California Revenue 5.000% 5/15/17 2,250 2,255
University of California Revenue 5.000% 5/15/18 2,000 2,087
University of California Revenue 5.000% 5/15/19 4,435 4,799
University of California Revenue 5.000% 5/15/21 2,725 3,130
University of California Revenue 5.000% 5/15/21 8,250 9,476
University of California Revenue PUT 1.400% 5/15/21 12,700 12,605
Western CA Municipal Water District Revenue PUT 1.500% 10/1/20 2,325 2,333
        2,571,625
Colorado (0.8%)        
Adams & Arapahoe CO Joint School District No. 28J GO 5.000% 12/1/21 1,345 1,558
Adams & Arapahoe CO Joint School District No. 28J GO 5.000% 12/1/22 1,165 1,376
Adams & Arapahoe CO Joint School District No. 28J GO 5.000% 12/1/23 1,265 1,517
Adams County CO COP 5.000% 12/1/21 1,000 1,148
Adams County CO COP 5.000% 12/1/22 1,250 1,459

 

59

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Castle Rock CO Water & Sewer Revenue 4.000% 12/1/20 350 382
Castle Rock CO Water & Sewer Revenue 4.000% 12/1/22 225 252
Castle Rock CO Water & Sewer Revenue 5.000% 12/1/23 250 298
Colorado (UCDHSC Fitzsimons Academic Projects) COP 5.000% 11/1/18 3,080 3,260
Colorado Educational & Cultural Facilities Authority Revenue (Johnson & Wales University) 5.000% 4/1/20 2,500 2,740
Colorado Health Facilities Authority Revenue        
(Adventist Health System/Sunbelt Obligated Group) PUT 5.000% 11/15/23 27,000 31,652
Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) 5.000% 7/1/18 3,000 3,110
1 Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) PUT 1.918% 11/12/20 5,000 4,959
1 Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) PUT 1.918% 11/12/20 7,500 7,438
Colorado Health Facilities Authority Revenue (Children’s Hospital) 5.000% 12/1/20 1,320 1,480
Colorado Health Facilities Authority Revenue (Children’s Hospital) 5.000% 12/1/21 1,655 1,896
Colorado Health Facilities Authority Revenue (Children’s Hospital) 5.000% 12/1/22 680 793
Colorado Health Facilities Authority Revenue (Children’s Hospital) 5.000% 12/1/22 1,350 1,575
Colorado Health Facilities Authority Revenue (Christian Living Communities) 4.000% 1/1/21 350 358
Colorado Health Facilities Authority Revenue (Christian Living Communities) 4.000% 1/1/22 400 409
Colorado Health Facilities Authority Revenue (Christian Living Communities) 5.000% 1/1/23 750 807
Colorado Health Facilities Authority Revenue (Christian Living Communities) 5.000% 1/1/24 750 804
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 3.150% 12/1/18 3,640 3,645
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 4.000% 12/1/19 625 659
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 5.000% 12/1/20 2,055 2,258
Colorado Health Facilities Authority Revenue        
(Evangelical Lutheran Good Samaritan Society Project) 4.000% 6/1/20 1,000 1,061
Colorado Health Facilities Authority Revenue        
(Evangelical Lutheran Good Samaritan Society Project) 5.000% 6/1/21 2,000 2,219
Colorado Health Facilities Authority Revenue        
(Evangelical Lutheran Good Samaritan Society Project) 5.000% 6/1/22 2,300 2,582
Colorado Health Facilities Authority Revenue        
(Evangelical Lutheran Good Samaritan Society Project) 5.000% 6/1/23 2,000 2,262
1 Colorado Public Highway Authority Revenue PUT 1.567% 9/1/19 3,000 3,000
1 Colorado Public Highway Authority Revenue PUT 1.715% 9/1/21 3,000 3,001
Colorado Springs CO Utility System Revenue 5.000% 11/15/17 2,100 2,148
Colorado Springs CO Utility System Revenue 5.000% 11/15/18 2,000 2,124
Colorado Springs CO Utility System Revenue 5.000% 11/15/19 3,000 3,295
Denver CO City & County Airport Revenue 5.000% 11/15/19 1,310 1,432
Denver CO City & County Airport Revenue 5.000% 11/15/23 19,000 22,375
1 Denver CO City & County Airport Revenue PUT 1.548% 11/15/19 16,500 16,526
Denver CO City & County Excise Tax Revenue 5.250% 9/1/18 (ETM) 2,555 2,701
E-470 Public Highway Authority Colorado Revenue 5.000% 9/1/17 (14) 500 507
E-470 Public Highway Authority Colorado Revenue 5.000% 9/1/19 1,545 1,673
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/20 (14) 2,000 1,856
E-470 Public Highway Authority Colorado Revenue 5.000% 9/1/20 1,000 1,109
Park Creek CO Metropolitan District Limited Property Tax Revenue 4.000% 12/1/20 1,055 1,125
Park Creek CO Metropolitan District Limited Property Tax Revenue 5.000% 12/1/22 1,250 1,418
Regional Transportation District of Colorado COP 5.000% 6/1/21 2,785 3,096
Regional Transportation District of Colorado COP 5.000% 6/1/22 2,000 2,220
2 Regional Transportation District of Colorado COP TOB VRDO 1.010% 5/5/17 LOC 8,000 8,000
University of Colorado Enterprise System Revenue 5.000% 6/1/18 2,000 2,089
University of Colorado Enterprise System Revenue 5.000% 6/1/19 2,500 2,705
University of Colorado Enterprise System Revenue 5.000% 6/1/19 1,000 1,082
University of Colorado Hospital Authority Revenue PUT 5.000% 3/1/22 20,000 22,641
        190,080
Connecticut (2.3%)        
Bridgeport CT GO 5.000% 8/15/22 (4) 5,635 6,430
Bridgeport CT GO 5.000% 8/15/22 (4) 7,015 8,004
Bridgeport CT GO 5.000% 8/15/23 (4) 1,110 1,280
Bridgeport CT GO 5.000% 8/15/23 (4) 7,460 8,603
Connecticut GO 0.940% 5/1/17 15,825 15,825
Connecticut GO 0.940% 5/1/17 13,315 13,315
1 Connecticut GO 1.670% 5/15/17 23,000 23,003
Connecticut GO 5.000% 7/15/17 5,000 5,044
1 Connecticut GO 1.420% 9/15/17 1,750 1,750
1 Connecticut GO 1.250% 1/1/18 4,905 4,899
1 Connecticut GO 1.320% 3/1/18 2,500 2,498
1 Connecticut GO 1.780% 4/15/18 6,750 6,761
Connecticut GO 5.000% 6/1/18 14,955 15,588
Connecticut GO 5.000% 7/15/18 10,000 10,467
1 Connecticut GO 1.780% 8/15/18 3,000 3,002
Connecticut GO 5.000% 11/1/18 1,000 1,057
1 Connecticut GO 1.390% 3/1/19 2,300 2,301
1 Connecticut GO 1.450% 3/1/19 2,000 1,997

 

60

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
1 Connecticut GO 2.000% 4/15/19 6,000 6,029
1 Connecticut GO 2.000% 5/15/19 5,000 5,022
Connecticut GO 5.000% 6/1/19 34,265 36,870
1 Connecticut GO 1.820% 9/15/19 4,000 4,000
1 Connecticut GO 1.550% 3/1/20 7,500 7,479
Connecticut GO 5.000% 6/15/20 17,975 19,821
Connecticut GO 5.000% 12/15/20 5,865 6,553
Connecticut GO 5.000% 3/15/21 7,035 7,901
Connecticut GO 5.000% 11/15/21 7,075 8,053
Connecticut GO 5.000% 3/15/22 9,620 10,995
Connecticut GO 5.000% 11/15/22 12,500 14,451
1 Connecticut GO PUT 1.550% 9/15/17 7,150 7,151
1 Connecticut GO PUT 2.250% 3/1/18 17,500 17,504
Connecticut Health & Educational Facilities Authority Revenue        
(Connecticut State University System) 5.000% 11/1/21 2,080 2,382
Connecticut Health & Educational Facilities Authority Revenue        
(Connecticut State University System) 5.000% 11/1/22 2,135 2,490
Connecticut Health & Educational Facilities Authority Revenue        
(Connecticut State University System) 5.000% 11/1/23 2,295 2,709
Connecticut Health & Educational Facilities Authority Revenue (Hartford Healthcare) 5.000% 7/1/17 2,090 2,104
Connecticut Health & Educational Facilities Authority Revenue (Hartford Healthcare) 5.000% 7/1/18 3,500 3,657
Connecticut Health & Educational Facilities Authority Revenue (Hartford Healthcare) 5.000% 7/1/19 4,270 4,607
Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) 5.000% 7/1/21 850 960
Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) 5.000% 7/1/22 1,250 1,435
Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) 5.000% 7/1/23 1,950 2,265
Connecticut Health & Educational Facilities Authority Revenue (Stamford Hospital) 5.000% 7/1/17 2,865 2,885
Connecticut Health & Educational Facilities Authority Revenue (Stamford Hospital) 5.000% 7/1/20 1,525 1,676
Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 0.800% 7/26/17 40,000 39,979
Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 0.900% 2/1/18 20,000 19,974
Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 1.375% 7/11/18 28,000 28,077
Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 1.000% 2/6/19 2,000 1,990
Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 1.000% 7/1/19 21,950 21,795
Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 1.000% 7/1/19 10,550 10,478
Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 1.650% 2/3/20 10,000 10,061
1 Connecticut Health & Educational Facilities Authority Revenue        
(Yale-New Haven Hospital Inc.) PUT 1.209% 7/1/19 15,000 14,953
Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program 4.000% 11/15/44 7,250 7,653
Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program 4.000% 11/15/44 4,535 4,684
Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program 4.000% 11/15/44 2,270 2,393
Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program 3.500% 11/15/45 11,350 11,921
Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program 4.000% 11/15/45 11,700 12,550
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 11/1/18 1,475 1,562
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 12/1/19 4,915 5,388
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 10/1/20 4,085 4,572
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 9/1/21 11,340 12,969
Greater New Haven CT Water Pollution Control Authority Regional Wastewater System Revenue 5.000% 8/15/20 200 224
Greater New Haven CT Water Pollution Control Authority Regional Wastewater System Revenue 5.000% 8/15/22 400 467
New Haven CT GO 5.000% 8/15/18 (4) 3,000 3,136
New Haven CT GO 5.000% 8/15/19 (4) 2,500 2,680
New Haven CT GO 5.000% 8/1/20 (4) 2,015 2,200
New Haven CT GO 5.000% 8/15/20 (4) 1,500 1,639
New Haven CT GO 5.000% 8/15/21 (4) 1,500 1,664
University of Connecticut GO 5.000% 2/15/22 2,940 3,360
University of Connecticut GO 5.000% 2/15/22 10,250 11,716
        548,908
Delaware (0.3%)        
Delaware GO 5.000% 7/1/17 5,250 5,289
Delaware GO 5.000% 10/1/18 3,540 3,746
Delaware GO 5.000% 7/1/21 15,510 17,855
Delaware Health Facilities Authority Revenue (Christiana Care Health Services) VRDO 0.880% 5/5/17 8,000 8,000
Delaware River & Bay Authority Delaware Revenue 5.000% 1/1/18 6,155 6,323
Delaware River & Bay Authority Delaware Revenue 5.000% 1/1/19 3,760 4,001
Delaware River & Bay Authority Delaware Revenue 5.000% 1/1/20 2,575 2,823
Delaware River & Bay Authority Delaware Revenue 5.000% 1/1/20 225 247
Delaware River & Bay Authority Delaware Revenue 5.000% 1/1/21 250 281
Delaware River & Bay Authority Delaware Revenue 5.000% 1/1/21 2,295 2,581
Delaware River & Bay Authority Delaware Revenue 5.000% 1/1/22 325 373
Delaware River & Bay Authority Delaware Revenue 5.000% 1/1/22 3,000 3,443
Delaware Transportation Authority Transportation System Revenue 5.000% 7/1/21 335 385
Delaware Transportation Authority Transportation System Revenue 5.000% 7/1/22 2,500 2,935
Delaware Transportation Authority Transportation System Revenue 5.000% 7/1/23 3,295 3,937

 

61

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Castle County DE GO 5.000% 10/1/21 7,575 8,771
New Castle County DE GO 5.000% 10/1/22 7,995 9,454
        80,444
District of Columbia (0.5%)        
District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) 5.000% 7/15/20 1,000 1,112
District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) 5.000% 7/15/22 1,700 1,970
District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) 5.000% 7/15/23 1,350 1,591
2 District of Columbia Hospital Revenue TOB VRDO 1.050% 5/5/17 (Prere.) 10,295 10,295
1 District of Columbia Income Tax Revenue 1.200% 12/1/17 11,275 11,279
District of Columbia Income Tax Revenue 5.000% 12/1/18 5,250 5,586
District of Columbia Income Tax Revenue 5.000% 12/1/18 5,500 5,852
District of Columbia Income Tax Revenue 5.000% 12/1/19 1,500 1,651
District of Columbia Revenue (Georgetown University) 5.000% 4/1/21 930 1,056
District of Columbia Revenue (Georgetown University) 5.000% 4/1/22 1,400 1,622
District of Columbia Revenue (Georgetown University) 5.000% 4/1/23 2,250 2,648
District of Columbia Revenue (National Public Radio, Inc.) 5.000% 4/1/21 1,000 1,128
District of Columbia Revenue (National Public Radio, Inc.) 5.000% 4/1/22 1,885 2,161
District of Columbia Revenue (National Public Radio, Inc.) 5.000% 4/1/23 1,965 2,289
District of Columbia Revenue (The Pew Charitable Trust) VRDO 0.910% 5/5/17 LOC 34,885 34,885
Metropolitan Washington DC Transit Authority Revenue 5.000% 7/1/18 12,500 13,087
Metropolitan Washington DC Transit Authority Revenue 4.000% 7/1/19 8,000 8,285
Metropolitan Washington DC/VA Airports Authority Airport System Revenue VRDO 0.900% 5/5/17 LOC 5,695 5,695
        112,192
Florida (4.6%)        
Boynton Beach FL Utility System Revenue 5.500% 11/1/18 (14) 3,125 3,296
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/20 500 546
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/21 1,000 1,117
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/22 1,000 1,136
Broward County FL Airport System Revenue 5.000% 10/1/19 500 544
Broward County FL Airport System Revenue 5.000% 10/1/19 750 815
Broward County FL Airport System Revenue 5.000% 10/1/20 1,060 1,183
Broward County FL Airport System Revenue 5.000% 10/1/21 480 548
2 Broward County FL Airport System Revenue TOB VRDO 0.940% 5/5/17 LOC 23,500 23,500
Broward County FL School Board COP 5.000% 7/1/18 4,400 4,595
Broward County FL School Board COP 5.000% 7/1/19 8,140 8,784
Broward County FL School District TAN 1.500% 6/15/17 49,000 49,038
3 Cape Coral FL Utility Improvement Special Assessment Revenue 2.125% 9/1/22 (4) 1,250 1,236
3 Cape Coral FL Utility Improvement Special Assessment Revenue 2.250% 9/1/23 (4) 1,100 1,081
3 Cape Coral FL Utility Improvement Special Assessment Revenue 2.500% 9/1/24 (4) 1,500 1,477
Central Florida Expressway Authority BAN 1.625% 1/1/19 54,600 54,770
Citizens Property Insurance Corp. Florida Revenue (Coastal Account) 5.250% 6/1/17 19,000 19,074
Citizens Property Insurance Corp. Florida Revenue (Coastal Account) 5.000% 6/1/18 6,000 6,254
Citizens Property Insurance Corp. Florida Revenue (Coastal Account) 5.000% 6/1/22 29,750 34,160
Citizens Property Insurance Corp. Florida Revenue        
(Personal Lines Account/Commercial Lines Account) 5.000% 6/1/17 35,445 35,578
Citizens Property Insurance Corp. Florida Revenue        
(Personal Lines Account/Commercial Lines Account) 5.000% 6/1/18 36,770 38,328
Citizens Property Insurance Corp. Florida Revenue        
(Personal Lines Account/Commercial Lines Account) 5.000% 6/1/19 19,150 20,645
Citizens Property Insurance Corp. Florida Revenue        
(Personal Lines Account/Commercial Lines Account) 5.000% 6/1/22 5,030 5,814
Duval County FL School Board COP 5.000% 7/1/20 750 834
Duval County FL School Board COP 5.000% 7/1/21 1,020 1,161
Duval County FL School Board COP 5.000% 7/1/22 1,030 1,190
Escambia County FL Pollution Control Revenue (Gulf Power Co. Project) PUT 2.100% 4/11/19 2,500 2,534
Escambia County FL School Board Sales Tax Revenue 5.000% 9/1/21 225 257
Escambia County FL School Board Sales Tax Revenue 5.000% 9/1/22 300 350
Escambia County FL School Board Sales Tax Revenue 5.000% 9/1/23 275 325
Florida Board of Education Lottery Revenue 5.000% 7/1/17 2,500 2,518
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/17 13,700 13,754
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/18 3,615 3,776
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/18 11,240 11,741
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/20 16,340 18,241
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/21 17,140 19,652
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/22 14,480 17,008
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/18 8,585 8,991
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/19 9,015 9,770
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/22 14,510 16,955
Florida Keys Aqueduct Authority Water Revenue VRDO 0.920% 5/5/17 LOC 4,750 4,750
Florida Municipal Power Agency Revenue 5.000% 10/1/20 500 560
Florida Municipal Power Agency Revenue 5.000% 10/1/21 7,000 8,008

 

62

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Florida Municipal Power Agency Revenue 5.000% 10/1/21 850 972
Florida Municipal Power Agency Revenue 5.000% 10/1/22 1,450 1,683
Florida Municipal Power Agency Revenue 5.000% 10/1/22 8,000 9,286
Florida Municipal Power Agency Revenue 5.000% 10/1/23 9,000 10,604
Florida Municipal Power Agency Revenue (Stanton II Project) 5.000% 10/1/19 2,800 3,052
Florida Turnpike Authority Revenue 5.000% 7/1/19 10,000 10,856
Florida Turnpike Authority Revenue 5.000% 7/1/21 4,095 4,700
Florida Turnpike Authority Revenue 5.000% 7/1/21 6,965 7,994
Florida Turnpike Authority Revenue 5.000% 7/1/22 8,595 10,071
Florida Turnpike Authority Revenue 5.000% 7/1/22 3,210 3,761
Gainesville FL Utilities System Revenue VRDO 0.920% 5/5/17 13,900 13,900
Gainesville FL Utilities System Revenue VRDO 0.920% 5/5/17 36,260 36,260
Greater Orlando Aviation Authority Florida Airport Facilities Revenue 5.000% 10/1/21 330 379
Greater Orlando Aviation Authority Florida Airport Facilities Revenue 5.000% 10/1/22 575 672
Greater Orlando Aviation Authority Florida Airport Facilities Revenue 5.000% 10/1/24 910 1,091
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/19 825 885
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/20 765 842
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/21 2,390 2,687
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/21 350 395
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/22 1,000 1,143
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/23 775 897
Highlands County FL Health Facilities Authority Hospital Revenue        
(Adventist Health System/Sunbelt Obligated Group) 5.000% 11/15/19 3,000 3,282
Hillsborough County FL Community Investment Tax Revenue 5.000% 11/1/21 8,705 9,999
3 Hillsborough County FL School Board COP 5.000% 7/1/22 700 813
3 Hillsborough County FL School Board COP 5.000% 7/1/23 850 1,004
3 Hillsborough County FL School Board COP 5.000% 7/1/24 900 1,078
Hillsborough County FL School Board Sales Tax Revenue 5.000% 10/1/20 (4) 2,200 2,462
Hillsborough County FL School Board Sales Tax Revenue 5.000% 10/1/21 (4) 1,700 1,946
Hillsborough County FL School Board Sales Tax Revenue 5.000% 10/1/22 (4) 1,500 1,748
Hollywood FL Community Redevelopment Agency Tax Allocation Revenue 5.000% 3/1/20 1,570 1,706
Hollywood FL Community Redevelopment Agency Tax Allocation Revenue 5.000% 3/1/21 2,250 2,495
Hollywood FL Community Redevelopment Agency Tax Allocation Revenue 5.000% 3/1/22 2,865 3,219
Jacksonville FL Electric Authority Electric System Revenue 5.000% 10/1/17 1,000 1,018
Jacksonville FL Electric Authority Electric System Revenue 5.000% 10/1/18 3,125 3,300
Jacksonville FL Electric Authority Electric System Revenue 5.000% 10/1/20 1,600 1,793
Jacksonville FL Electric Authority Water & Sewer Revenue 5.000% 10/1/18 1,200 1,268
Jacksonville FL Electric Authority Water & Sewer Revenue VRDO 0.920% 5/5/17 8,000 8,000
Jacksonville FL Special Revenue 5.000% 10/1/21 1,750 2,010
Jacksonville FL Special Revenue 5.000% 10/1/21 760 873
Jacksonville FL Special Revenue 5.000% 10/1/22 1,660 1,936
Jacksonville FL Special Revenue 5.000% 10/1/22 1,055 1,230
Jacksonville FL Special Revenue 5.000% 10/1/23 1,500 1,776
Jacksonville FL Special Revenue 5.000% 10/1/23 2,460 2,913
1 Lakeland FL Energy System Revenue 1.650% 10/1/17 10,000 10,002
Lakeland FL Energy System Revenue 5.000% 10/1/22 5,000 5,854
Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) 5.000% 11/15/21 365 413
Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) 5.000% 11/15/22 500 575
Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) 5.000% 11/15/23 1,200 1,395
Lee County FL School Board COP 5.000% 8/1/20 2,530 2,822
Lee County FL School Board COP 5.000% 8/1/21 2,005 2,291
Manatee County FL School District Revenue 5.000% 10/1/21 (4) 1,000 1,147
Manatee County FL School District Revenue 5.000% 10/1/22 (4) 1,500 1,749
Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) 5.000% 11/15/20 750 832
Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) 5.000% 11/15/21 2,720 3,061
Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) 5.000% 11/15/22 1,575 1,799
Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) 5.000% 11/15/23 500 577
Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) 4.000% 11/15/17 325 330
Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) 4.000% 11/15/18 1,125 1,165
Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) 4.000% 11/15/18 385 399
Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) 5.000% 11/15/19 1,650 1,782
Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) 5.000% 11/15/20 400 441
Miami Beach FL Resort Tax Revenue 5.000% 9/1/21 1,125 1,288
Miami Beach FL Resort Tax Revenue 4.000% 9/1/22 1,025 1,136
Miami-Dade County FL Expressway Authority Toll System Revenue 5.000% 7/1/18 2,000 2,091
Miami-Dade County FL Expressway Authority Toll System Revenue 5.000% 7/1/19 1,900 2,054
Miami-Dade County FL Expressway Authority Toll System Revenue 5.000% 7/1/20 1,500 1,664
Miami-Dade County FL Expressway Authority Toll System Revenue 5.000% 7/1/20 2,525 2,801
Miami-Dade County FL Expressway Authority Toll System Revenue 5.000% 7/1/21 1,000 1,135
Miami-Dade County FL Expressway Authority Toll System Revenue 5.000% 7/1/21 2,250 2,554
Miami-Dade County FL Expressway Authority Toll System Revenue 5.000% 7/1/22 625 721

 

63

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Miami-Dade County FL GO 5.000% 7/1/22 10,260 11,978
Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) 5.000% 8/1/19 1,000 1,082
Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) 4.000% 8/1/20 2,180 2,348
Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) 5.000% 8/1/21 1,300 1,474
Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) 5.000% 8/1/22 1,400 1,616
Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) 5.000% 8/1/23 1,000 1,173
Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) 4.500% 6/1/21 840 869
Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) 5.000% 6/1/22 985 1,043
3 Miami-Dade County FL Public Facilities Revenue (Public Health Trust) 4.000% 6/1/22 1,155 1,280
3 Miami-Dade County FL Public Facilities Revenue (Public Health Trust) 5.000% 6/1/23 2,270 2,662
3 Miami-Dade County FL Public Facilities Revenue (Public Health Trust) 5.000% 6/1/24 2,180 2,587
Miami-Dade County FL School Board COP 5.000% 8/1/18 4,850 5,087
Miami-Dade County FL School Board COP 5.000% 2/1/23 9,290 10,814
Miami-Dade County FL School District GO 5.000% 3/15/22 3,795 4,393
Miami-Dade County FL Seaport Revenue VRDO 0.900% 5/5/17 LOC 13,450 13,450
Miami-Dade County FL Special Obligation Revenue 5.000% 4/1/23 9,340 10,965
Miami-Dade County FL Transit Sales Surtax Revenue 5.000% 7/1/17 1,110 1,118
Miami-Dade County FL Transit Sales Surtax Revenue 5.000% 7/1/19 1,250 1,353
Miami-Dade County FL Transit Sales Surtax Revenue 5.000% 7/1/19 (12) 2,000 2,164
2 Miami-Dade County FL Water & Sewer Revenue TOB VRDO 0.940% 5/5/17 (12) 23,750 23,750
2 Miami-Dade County FL Water & Sewer Revenue TOB VRDO 1.040% 5/5/17 8,505 8,505
2 Miami-Dade County FL Water & Sewer Revenue TOB VRDO 1.050% 5/5/17 (4) 11,735 11,735
Monroe County FL School District Sales Tax Revenue 5.000% 10/1/21 (4) 350 401
Monroe County FL School District Sales Tax Revenue 5.000% 10/1/22 (4) 400 465
Monroe County FL School District Sales Tax Revenue 5.000% 10/1/23 (4) 600 706
North Broward FL Hospital District Revenue VRDO 0.900% 5/5/17 LOC 36,575 36,575
Orange County FL Health Facilities Authority Hospital Revenue        
(Orlando Regional Healthcare System) 6.250% 10/1/18 (14) 5,770 6,033
Orange County FL School Board COP 5.000% 8/1/17 1,500 1,516
Orange County FL School Board COP 5.000% 8/1/18 1,400 1,470
Orange County FL School Board COP 5.000% 8/1/19 1,765 1,916
Orange County FL Tourist Development Revenue 5.000% 10/1/20 2,525 2,830
Orlando & Orange County FL Expressway Authority Revenue 5.000% 7/1/17 2,000 2,014
Orlando & Orange County FL Expressway Authority Revenue 5.000% 7/1/17 4,690 4,723
Orlando & Orange County FL Expressway Authority Revenue 5.000% 7/1/18 2,785 2,913
Orlando & Orange County FL Expressway Authority Revenue 5.000% 7/1/18 9,000 9,413
Orlando & Orange County FL Expressway Authority Revenue 5.000% 7/1/19 3,770 4,076
Orlando & Orange County FL Expressway Authority Revenue 5.000% 7/1/19 10,725 11,595
Orlando FL Capital Improvement Revenue 5.000% 10/1/22 4,200 4,912
Orlando FL Capital Improvement Revenue 5.000% 10/1/22 1,040 1,216
Orlando FL Capital Improvement Revenue 5.000% 10/1/23 1,500 1,779
Orlando FL Capital Improvement Revenue 5.000% 10/1/23 1,090 1,293
Orlando FL Utility Commission Utility System Revenue 5.000% 10/1/17 3,000 3,053
Orlando FL Utility Commission Utility System Revenue 5.000% 10/1/19 5,500 6,015
Orlando FL Utility Commission Utility System Revenue PUT 5.000% 10/1/20 11,975 13,407
Orlando FL Utility Commission Utility System Revenue VRDO 0.910% 5/5/17 22,200 22,200
Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) 4.000% 12/1/18 750 780
Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) 4.000% 12/1/19 1,000 1,059
Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) 5.000% 12/1/20 850 942
Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) 5.000% 12/1/21 1,165 1,312
Palm Beach County FL Health Facilities Authority Revenue (Jupiter Medical Center Inc. Project) 4.000% 11/1/18 635 655
Palm Beach County FL Health Facilities Authority Revenue (Jupiter Medical Center Inc. Project) 5.000% 11/1/19 2,740 2,940
Palm Beach County FL Health Facilities Authority Revenue (Jupiter Medical Center Inc. Project) 5.000% 11/1/20 1,500 1,640
Palm Beach County FL Health Facilities Authority Revenue (Jupiter Medical Center Inc. Project) 5.000% 11/1/21 750 833
Palm Beach County FL School Board COP 5.000% 8/1/21 1,845 2,103
Palm Beach County FL School District TAN 2.000% 8/31/17 37,310 37,433
Port St. Lucie FL Special Assessment Revenue 1.250% 7/1/19 1,000 993
Port St. Lucie FL Special Assessment Revenue 1.375% 7/1/20 1,000 986
Port St. Lucie FL Special Assessment Revenue 1.500% 7/1/21 1,000 980
Port St. Lucie FL Special Assessment Revenue 1.750% 7/1/22 1,265 1,236
Port St. Lucie FL Special Assessment Revenue 2.000% 7/1/23 2,245 2,182
Port St. Lucie FL Special Assessment Revenue 2.000% 7/1/24 1,580 1,502
Port St. Lucie FL Utility Revenue 4.000% 9/1/21 240 264
Port St. Lucie FL Utility Revenue 5.000% 9/1/22 750 869
Port St. Lucie FL Utility Revenue 5.000% 9/1/23 500 587
Reedy Creek FL Improvement District GO 5.000% 6/1/20 1,000 1,110
Reedy Creek FL Improvement District GO 5.000% 6/1/20 1,000 1,110
Reedy Creek FL Improvement District GO 5.000% 6/1/21 730 831
Reedy Creek FL Improvement District GO 5.000% 6/1/22 400 464
Reedy Creek FL Improvement District GO 5.000% 6/1/23 1,175 1,384
Reedy Creek FL Improvement District Utilities Revenue 5.000% 10/1/18 750 792

 

64

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) 5.000% 1/1/21 1,715 1,896
Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) 5.000% 1/1/22 750 841
Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) 5.000% 1/1/23 1,000 1,130
Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) 5.000% 1/1/24 1,250 1,416
Sarasota County FL Infrastructure Sales Surtax Revenue 5.000% 10/1/21 1,500 1,724
Seacoast FL Utility Authority Water & Sewer Revenue 5.500% 3/1/19 (14) 3,595 3,873
South Florida Water Management District COP 5.000% 10/1/21 1,750 2,004
South Florida Water Management District COP 5.000% 10/1/22 2,000 2,329
South Florida Water Management District COP 5.000% 10/1/23 3,000 3,537
Sunrise FL Utility System Revenue 5.200% 10/1/20 (Prere.) 7,255 8,022
Sunshine State Governmental Financing Commission Florida Revenue        
(Miami Dade County Program) 5.000% 9/1/19 2,390 2,595
Sunshine State Governmental Financing Commission Florida Revenue        
(Miami Dade County Program) 5.000% 9/1/19 2,360 2,562
Sunshine State Governmental Financing Commission Florida Revenue        
(Miami Dade County Program) 5.000% 9/1/20 2,830 3,155
Sunshine State Governmental Financing Commission Florida Revenue        
(Miami Dade County Program) 5.000% 9/1/20 1,185 1,321
Sunshine State Governmental Financing Commission Florida Revenue        
(Miami Dade County Program) 5.000% 9/1/21 2,090 2,387
Sunshine State Governmental Financing Commission Florida Revenue        
(Miami Dade County Program) 5.000% 9/1/21 1,500 1,713
Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) 5.000% 12/1/22 1,510 1,708
Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) 5.000% 12/1/23 390 445
Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) 5.000% 9/1/20 1,650 1,829
Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) 5.000% 9/1/21 655 740
Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) 5.000% 9/1/22 1,190 1,363
Tampa FL Hospital Revenue 4.000% 7/1/18 1,625 1,674
Tampa FL Hospital Revenue 5.000% 7/1/19 1,755 1,884
Tampa FL Hospital Revenue 4.000% 7/1/20 1,100 1,177
Tampa FL Hospital Revenue (H. Lee Moffitt Cancer Center Project) 5.000% 7/1/23 1,675 1,929
Tohopekaliga FL Water Authority Utility System Revenue 5.000% 10/1/17 4,505 4,584
Tohopekaliga FL Water Authority Utility System Revenue 5.000% 10/1/19 1,165 1,273
Tohopekaliga FL Water Authority Utility System Revenue 5.000% 10/1/20 1,825 2,052
Tohopekaliga FL Water Authority Utility System Revenue 4.000% 10/1/22 3,425 3,844
Volusia County FL Educational Facilities Authority Revenue        
(Embry-Riddle Aeronautical University Inc.) 5.000% 10/15/23 755 863
Volusia County FL Educational Facilities Authority Revenue (Stetson University) 5.000% 6/1/19 1,300 1,397
Volusia County FL Educational Facilities Authority Revenue (Stetson University) 5.000% 6/1/21 1,485 1,670
Volusia County FL School Board COP 5.000% 8/1/21 (15) 450 514
Volusia County FL School Board COP 5.000% 8/1/22 (15) 750 872
        1,083,248
Georgia (2.3%)        
Atlanta GA Airport Passenger Facility Charge Revenue 5.000% 1/1/18 2,520 2,590
Atlanta GA Airport Revenue 5.000% 1/1/18 500 514
Atlanta GA Airport Revenue 5.000% 1/1/18 8,500 8,736
Atlanta GA Airport Revenue 5.000% 1/1/19 1,675 1,785
Atlanta GA Airport Revenue 5.000% 1/1/20 1,205 1,323
Atlanta GA Airport Revenue 5.000% 1/1/21 750 847
Atlanta GA Water & Wastewater Revenue 5.000% 11/1/21 2,000 2,310
Atlanta GA Water & Wastewater Revenue 5.000% 11/1/22 2,500 2,943
3 Atlanta GA Water & Wastewater Revenue 5.000% 11/1/23 2,500 2,990
1 Atlanta GA Water & Wastewater Revenue PUT 2.165% 11/1/18 47,300 47,655
Bartow County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Bowen Project) PUT 2.700% 8/23/18 9,000 9,074
Burke County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Vogtle Project) PUT 1.750% 6/1/17 20,000 20,004
Burke County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Vogtle Project) PUT 1.750% 6/1/17 13,000 13,008
Burke County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Vogtle Project) PUT 1.800% 4/3/18 5,250 5,260
Burke County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Vogtle Project) PUT 1.300% 5/3/18 5,000 5,017
Burke County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Vogtle Project) PUT 2.200% 4/2/19 7,500 7,576
Burke County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Vogtle Project) PUT 2.200% 4/2/19 10,000 10,102
Burke County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Vogtle Project) PUT 2.200% 4/2/19 3,500 3,536
Burke County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Vogtle Project) PUT 2.200% 4/2/19 10,000 10,102

 

65

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Burke County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Vogtle Project) PUT 1.650% 6/18/21 15,000 14,726
Carroll County GA School District GO 5.000% 4/1/18 5,075 5,267
Cherokee County GA Board of Education GO 5.000% 2/1/21 400 454
Cherokee County GA Board of Education GO 5.000% 2/1/22 1,000 1,162
Cherokee County GA Board of Education GO 5.000% 8/1/22 3,000 3,521
Cherokee County GA Board of Education GO 5.000% 2/1/23 800 946
Cobb County GA Kennestone Hospital Authority Revenue 5.000% 4/1/18 1,000 1,036
Cobb County GA Kennestone Hospital Authority Revenue 5.000% 4/1/18 1,250 1,295
Cobb County GA Kennestone Hospital Authority Revenue 5.000% 4/1/19 250 268
Cobb County GA Kennestone Hospital Authority Revenue 5.000% 4/1/20 350 386
Dalton GA Development Authority Revenue (Hamilton Health Care System) 4.000% 8/15/18 1,000 1,036
Dalton GA Development Authority Revenue (Hamilton Health Care System) 5.000% 8/15/19 1,000 1,083
Dalton GA Development Authority Revenue (Hamilton Health Care System) 5.000% 8/15/20 1,500 1,664
Dalton GA Development Authority Revenue (Hamilton Health Care System) 5.000% 8/15/21 1,890 2,145
DeKalb County GA Water & Sewer Revenue 5.000% 10/1/18 1,000 1,056
DeKalb County GA Water & Sewer Revenue 5.000% 10/1/19 1,300 1,418
DeKalb County GA Water & Sewer Revenue 5.000% 10/1/19 1,000 1,091
DeKalb County GA Water & Sewer Revenue 5.000% 10/1/20 1,250 1,402
Douglas County GA GO 5.000% 4/1/21 1,500 1,708
Douglas County GA GO 5.000% 4/1/22 750 873
Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) 3.000% 7/1/21 1,900 1,912
Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) 4.000% 7/1/22 1,045 1,095
Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) 4.000% 7/1/23 1,635 1,714
Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) 4.000% 7/1/24 1,130 1,185
Gainesville & Hall County GA Hospital Authority Revenue        
(Northeast Georgia Health System Inc. Project) 5.000% 2/15/21 1,000 1,124
Gainesville & Hall County GA Hospital Authority Revenue        
(Northeast Georgia Health System Inc. Project) 5.000% 2/15/21 700 790
Gainesville & Hall County GA Hospital Authority Revenue        
(Northeast Georgia Health System Inc. Project) 5.000% 2/15/22 550 634
Gainesville & Hall County GA Hospital Authority Revenue        
(Northeast Georgia Health System Inc. Project) 5.000% 2/15/23 500 585
1 Gainesville & Hall County GA Hospital Authority Revenue        
(Northeast Georgia Health System Inc. Project) PUT 1.850% 2/18/20 17,575 17,509
2 Gainesville & Hall County GA Hospital Authority Revenue        
(Northeast Georgia Health System Inc. Project) TOB VRDO 1.050% 5/5/17 5,900 5,900
Georgia GO 5.000% 7/1/17 13,695 13,795
Georgia GO 5.000% 7/1/17 2,840 2,861
Georgia GO 5.000% 7/1/18 2,340 2,452
Georgia GO 4.000% 11/1/18 11,000 11,506
Georgia GO 5.000% 12/1/18 7,800 8,300
Georgia GO 5.000% 9/1/20 10,100 11,365
Georgia Housing & Finance Authority Single Family Mortgage Revenue 4.000% 6/1/44 2,920 3,061
Georgia Municipal Electric Power Authority Revenue 5.000% 1/1/18 3,600 3,690
Georgia Municipal Electric Power Authority Revenue 5.000% 1/1/19 1,000 1,057
Georgia Municipal Electric Power Authority Revenue 5.000% 1/1/20 750 813
Georgia Municipal Electric Power Authority Revenue 5.000% 1/1/22 10,000 11,232
Georgia Municipal Gas Authority Revenue 5.000% 10/1/19 5,000 5,445
Georgia Municipal Gas Authority Revenue 5.000% 10/1/20 3,600 4,019
Georgia Municipal Gas Authority Revenue 5.000% 10/1/22 4,400 5,112
Georgia Road & Tollway Authority GAN 5.000% 6/1/20 25,760 27,786
Georgia Road & Tollway Authority Revenue 5.000% 10/1/18 18,240 19,292
Glynn-Brunswick GA Memorial Hospital Authority Revenue        
(Southeast Georgia Health System Obligated Group) 5.000% 8/1/21 2,500 2,835
Glynn-Brunswick GA Memorial Hospital Authority Revenue        
(Southeast Georgia Health System Obligated Group) 5.000% 8/1/22 2,500 2,879
Gwinnett County GA School District GO 5.000% 2/1/19 1,500 1,606
Gwinnett County GA School District GO 5.000% 2/1/20 1,000 1,106
Gwinnett County GA School District GO 5.000% 2/1/22 25,000 29,126
Gwinnett County GA School District GO 5.000% 8/1/22 13,000 15,313
Gwinnett County GA Water & Sewer Authority Revenue 5.000% 8/1/17 1,675 1,693
Gwinnett County GA Water & Sewer Authority Revenue 5.000% 8/1/18 4,335 4,557
Main Street Natural Gas Inc. Georgia Gas Project Revenue 5.000% 3/15/18 7,125 7,333
Main Street Natural Gas Inc. Georgia Gas Project Revenue 5.000% 3/15/18 1,885 1,944
Main Street Natural Gas Inc. Georgia Gas Project Revenue 5.000% 3/15/19 1,160 1,226
Main Street Natural Gas Inc. Georgia Gas Project Revenue 5.000% 3/15/21 2,330 2,547
1 Metropolitan Atlanta GA Rapid Transportation Authority Georgia Sales Tax Revenue PUT 1.180% 7/1/17 18,000 18,001
1 Metropolitan Atlanta GA Rapid Transportation Authority Georgia Sales Tax Revenue PUT 1.200% 7/1/17 17,500 17,501
Municipal Electric Authority Georgia Revenue 5.750% 7/1/18 (Prere.) 2,970 3,136
Municipal Electric Authority Georgia Revenue 5.750% 1/1/19 1,045 1,101

 

66

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Municipal Electric Authority Georgia Revenue 5.000% 1/1/20 2,000 2,169
Municipal Electric Authority Georgia Revenue 5.000% 1/1/20 23,825 25,839
Municipal Electric Authority Georgia Revenue 5.000% 1/1/21 1,650 1,827
Municipal Electric Authority Georgia Revenue 5.000% 1/1/22 5,465 6,139
Municipal Electric Authority Georgia Revenue 5.000% 1/1/22 3,710 4,167
Municipal Electric Authority Georgia Revenue 5.000% 1/1/23 1,510 1,720
Municipal Electric Authority Georgia Revenue 5.000% 1/1/23 2,500 2,847
Municipal Electric Authority Georgia Revenue 5.000% 1/1/23 3,840 4,373
Municipal Electric Authority Georgia Revenue (Combined Cycle Project) 5.000% 11/1/17 1,500 1,529
Municipal Electric Authority Georgia Revenue (Combined Cycle Project) 5.000% 11/1/18 1,250 1,315
Municipal Gas Authority Georgia Revenue (Gas Portfolio III Project) 5.000% 10/1/18 2,000 2,110
Municipal Gas Authority Georgia Revenue (Gas Portfolio III Project) 5.000% 10/1/19 1,500 1,633
Municipal Gas Authority Georgia Revenue (Gas Portfolio III Project) 5.000% 10/1/20 1,000 1,116
Municipal Gas Authority Georgia Revenue (Gas Portfolio III Project) 5.000% 10/1/21 1,500 1,714
Municipal Gas Authority Georgia Revenue (Gas Portfolio III Project) 5.000% 10/1/22 1,000 1,162
Richmond County GA Hospital Authority Revenue (University Health Services Inc. Project) 5.000% 1/1/21 1,000 1,125
Richmond County GA Hospital Authority Revenue (University Health Services Inc. Project) 5.000% 1/1/22 1,200 1,376
Richmond County GA Hospital Authority Revenue (University Health Services Inc. Project) 5.000% 1/1/23 1,100 1,281
Richmond County GA Hospital Authority Revenue (University Health Services Inc. Project) 5.000% 1/1/24 1,000 1,178
South Regional GA Joint Development Authority Revenue        
(VSU Auxiliary Services Parking & Student Center Project) 5.000% 8/1/21 1,550 1,753
South Regional GA Joint Development Authority Revenue        
(VSU Auxiliary Services Parking & Student Center Project) 5.000% 8/1/22 1,000 1,149
South Regional GA Joint Development Authority Revenue        
(VSU Auxiliary Services Parking & Student Center Project) 5.000% 8/1/23 1,080 1,260
South Regional GA Joint Development Authority Revenue        
(VSU Auxiliary Services Parking & Student Center Project) 5.000% 8/1/24 1,490 1,758
        544,587
Guam (0.0%)        
Guam Government Business Privilege Tax Revenue 5.000% 11/15/20 750 814
Guam Government Business Privilege Tax Revenue 5.000% 11/15/21 1,125 1,237
Guam Government Business Privilege Tax Revenue 5.000% 11/15/22 1,500 1,666
Guam Government Waterworks Authority Water & Waste Water System Revenue 5.000% 7/1/20 1,000 1,089
Guam Government Waterworks Authority Water & Waste Water System Revenue 5.250% 7/1/20 600 660
Guam Government Waterworks Authority Water & Waste Water System Revenue 5.250% 7/1/21 1,390 1,551
Guam Power Authority Revenue 5.000% 10/1/18 475 496
Guam Power Authority Revenue 5.000% 10/1/20 520 567
        8,080
Hawaii (1.0%)        
Hawaii County HI GO 5.000% 9/1/22 1,330 1,564
Hawaii County HI GO 5.000% 9/1/22 1,275 1,499
Hawaii County HI GO 5.000% 9/1/23 1,200 1,433
Hawaii County HI GO 5.000% 9/1/23 1,785 2,132
Hawaii County HI GO 5.000% 9/1/23 1,395 1,666
Hawaii Department of Budget & Finance Special Purpose Revenue (Queens Health System) PUT 1.350% 11/24/17 4,860 4,860
Hawaii Department of Budget & Finance Special Purpose Revenue (Queens Health System) PUT 1.350% 11/24/17 2,510 2,510
Hawaii GO 5.000% 12/1/18 17,250 18,353
Hawaii GO 5.000% 6/1/19 6,960 7,535
Hawaii GO 5.000% 6/1/19 2,370 2,566
Hawaii GO 5.000% 8/1/19 3,735 4,066
Hawaii GO 5.000% 8/1/19 3,500 3,810
Hawaii GO 5.000% 11/1/19 11,960 13,118
Hawaii GO 5.000% 11/1/19 40,725 44,668
Hawaii GO 5.000% 12/1/19 5,000 5,498
Hawaii GO 5.000% 8/1/20 10,985 12,313
Hawaii GO 5.000% 8/1/20 13,905 15,587
Hawaii GO 5.000% 8/1/21 7,610 8,750
Hawaii GO 5.000% 8/1/21 7,000 8,048
Hawaii GO 5.000% 8/1/22 6,000 7,042
Hawaii GO 5.000% 8/1/22 2,500 2,934
Hawaii GO 5.000% 10/1/22 9,000 10,608
Hawaii GO 5.000% 10/1/22 7,000 8,251
Hawaii GO 5.000% 10/1/22 5,500 6,483
Hawaii GO 5.000% 10/1/23 5,000 5,988
Hawaii GO 5.000% 10/1/23 1,075 1,287
Hawaii Highway Revenue 5.500% 7/1/18 2,000 2,108
Hawaii Highway Revenue 5.000% 1/1/20 1,000 1,103
Honolulu HI City & County GO 5.000% 8/1/17 4,130 4,175
Honolulu HI City & County GO 5.000% 8/1/18 2,715 2,853
Honolulu HI City & County GO 5.000% 11/1/18 4,000 4,241
Honolulu HI City & County GO 5.000% 11/1/19 6,000 6,579

 

67

 

Limited-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Honolulu HI City & County GO 5.000% 10/1/21 1,500 1,731
  Honolulu HI City & County GO 5.000% 10/1/21 2,255 2,602
  Honolulu HI City & County GO 5.000% 10/1/21 3,620 4,177
1,2 Honolulu HI City & County GO TOB PUT 0.970% 5/4/17 10,505 10,505
          242,643
Idaho (0.1%)        
  Idaho Health Facilities Authority Revenue (Trinity Health Group) 5.000% 12/1/20 5,000 5,629
  Idaho Health Facilities Authority Revenue (Trinity Health Group) 5.000% 12/1/21 2,000 2,303
  Idaho Health Facilities Authority Revenue (Trinity Health Group) 5.000% 12/1/22 2,000 2,348
  Idaho Health Facilities Authority Revenue (Trinity Health Group) 5.000% 12/1/23 4,400 5,245
  Idaho TAN 2.000% 6/30/17 7,500 7,514
          23,039
Illinois (4.5%)        
  Chicago IL Board of Education GO 5.000% 12/1/18 (12) 7,305 7,506
  Chicago IL Board of Education GO 5.250% 12/1/18 (14) 4,970 5,126
  Chicago IL Board of Education GO 5.000% 12/1/19 (2) 3,090 3,118
  Chicago IL Board of Education GO 5.250% 12/1/19 (14)(3) 1,000 1,048
  Chicago IL Board of Education GO 5.000% 12/1/20 (2) 2,000 2,015
  Chicago IL Board of Education GO 5.250% 12/1/20 (14)(3) 1,250 1,327
  Chicago IL Board of Education GO 7.000% 12/1/26 10,000 10,013
1 Chicago IL Board of Education GO PUT 9.000% 5/4/17 9,685 9,685
  Chicago IL GO 5.000% 1/1/22 15,000 15,306
  Chicago IL GO 5.000% 1/1/23 18,500 18,763
  Chicago IL Metropolitan Water Reclamation District GO 5.000% 12/1/18 5,000 5,310
  Chicago IL Metropolitan Water Reclamation District GO 5.000% 12/1/21 4,470 5,131
  Chicago IL Metropolitan Water Reclamation District GO 5.000% 12/1/21 5,105 5,860
  Chicago IL Midway Airport Revenue 5.000% 1/1/20 2,075 2,274
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/18 2,050 2,103
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/18 1,250 1,284
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/19 1,420 1,507
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/19 1,000 1,064
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/20 16,500 18,086
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/20 4,000 4,384
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/21 4,175 4,684
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/21 500 561
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/21 3,000 3,366
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/21 600 673
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/22 9,700 11,090
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/22 1,125 1,286
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/22 3,600 4,116
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/22 700 800
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/22 1,440 1,646
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/23 7,000 8,137
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/23 1,100 1,279
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/23 1,010 1,174
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/23 1,930 2,244
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/23 2,270 2,639
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/24 2,910 3,427
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/24 1,575 1,855
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/24 2,385 2,809
  Chicago IL O’Hare International Airport Revenue 5.000% 1/1/24 10,445 12,301
  Chicago IL Park District GO 5.000% 1/1/22 400 448
  Chicago IL Park District GO 5.000% 1/1/22 1,000 1,120
  Chicago IL Park District GO 5.000% 1/1/23 400 454
  Chicago IL Park District GO 5.000% 1/1/23 1,265 1,434
  Chicago IL Park District GO 5.000% 1/1/24 550 628
  Chicago IL Park District Harbor Facilities GO 5.000% 1/1/20 1,195 1,290
  Chicago IL Park District Harbor Facilities GO 5.000% 1/1/21 2,920 3,218
2 Chicago IL Transit Authority Sales Tax Receipts Revenue TOB VRDO 1.060% 5/5/17 31,665 31,665
2 Chicago IL Transit Authority Sales Tax Receipts Revenue TOB VRDO 1.080% 5/5/17 22,895 22,895
  Chicago IL Wastewater Transmission Revenue 5.000% 1/1/21 1,000 1,096
  Chicago IL Wastewater Transmission Revenue 5.000% 1/1/22 2,000 2,226
  Chicago IL Wastewater Transmission Revenue 5.000% 1/1/23 2,000 2,252
  Chicago IL Water Revenue 5.000% 11/1/18 675 711
  Cook County IL Forest Preservation District GO 5.000% 12/15/17 1,000 1,023
  Cook County IL Forest Preservation District GO 5.000% 12/15/18 1,000 1,055
  Cook County IL Forest Preservation District GO 5.000% 12/15/19 1,580 1,708
  Cook County IL GO 5.000% 11/15/18 2,000 2,107
  Cook County IL GO 5.000% 11/15/19 1,500 1,619
  Cook County IL GO 5.000% 11/15/20 1,500 1,648

 

68

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Illinois Educational Facilities Authority Revenue (University of Chicago) PUT 1.550% 2/13/20 5,000 5,029
Illinois Finance Authority Gas Supply Revenue (Peoples Gas Light & Coke) PUT 1.875% 8/1/20 8,000 8,063
Illinois Finance Authority Revenue (Advocate Health Care Network) 5.000% 8/1/19 1,000 1,084
Illinois Finance Authority Revenue (Advocate Health Care Network) 5.000% 8/1/21 2,000 2,284
Illinois Finance Authority Revenue (Advocate Health Care Network) 5.000% 8/1/22 1,000 1,164
Illinois Finance Authority Revenue (Advocate Health Care Network) 1.375% 11/15/22 3,030 2,978
Illinois Finance Authority Revenue (Advocate Health Care Network) PUT 1.200% 11/24/17 5,750 5,750
Illinois Finance Authority Revenue (Advocate Health Care Network) PUT 5.000% 5/1/19 27,295 29,293
Illinois Finance Authority Revenue (Advocate Health Care Network) PUT 5.000% 1/15/20 5,850 6,406
2 Illinois Finance Authority Revenue (Advocate Health Care Network) TOB VRDO 0.930% 5/5/17 27,065 27,065
Illinois Finance Authority Revenue (Ascension Health Credit Group) PUT 5.000% 5/1/17 3,275 3,276
Illinois Finance Authority Revenue (Ascension Health Credit Group) PUT 1.750% 4/1/21 3,000 3,002
Illinois Finance Authority Revenue (Carle Foundation) 5.000% 8/15/17 1,500 1,518
Illinois Finance Authority Revenue (Carle Foundation) 5.000% 2/15/21 750 840
Illinois Finance Authority Revenue (Carle Foundation) 5.000% 2/15/23 1,000 1,152
Illinois Finance Authority Revenue (Centegra Health System) 5.000% 9/1/18 235 245
Illinois Finance Authority Revenue (Centegra Health System) 5.000% 9/1/19 1,115 1,194
Illinois Finance Authority Revenue (Centegra Health System) 5.000% 9/1/20 2,940 3,216
Illinois Finance Authority Revenue (Centegra Health System) 5.000% 9/1/20 500 546
Illinois Finance Authority Revenue (Centegra Health System) 5.000% 9/1/21 975 1,084
Illinois Finance Authority Revenue (DePaul University) 5.000% 10/1/21 380 433
Illinois Finance Authority Revenue (DePaul University) 5.000% 10/1/24 250 296
Illinois Finance Authority Revenue (Edward Elmhurst Obligated Group) 5.000% 1/1/21 375 414
Illinois Finance Authority Revenue (Edward Elmhurst Obligated Group) 5.000% 1/1/22 350 392
Illinois Finance Authority Revenue (Edward Elmhurst Obligated Group) 5.000% 1/1/23 500 564
Illinois Finance Authority Revenue (Edward Elmhurst Obligated Group) 5.000% 1/1/24 565 642
Illinois Finance Authority Revenue (Hospital Sister Services Inc.) 5.000% 8/15/18 4,000 4,194
Illinois Finance Authority Revenue (Hospital Sister Services Inc.) 5.000% 8/15/19 4,205 4,551
Illinois Finance Authority Revenue (Hospital Sister Services Inc.) 5.000% 8/15/20 4,210 4,680
Illinois Finance Authority Revenue (Hospital Sister Services Inc.) 5.000% 8/15/21 5,510 6,241
Illinois Finance Authority Revenue (Mercy Health System) 5.000% 12/1/22 5,000 5,725
Illinois Finance Authority Revenue (Northwest Community Hospital) VRDO 0.910% 5/5/17 LOC 4,510 4,510
Illinois Finance Authority Revenue (Northwestern Community Hospital) 5.000% 7/1/20 1,035 1,144
Illinois Finance Authority Revenue (Northwestern Community Hospital) 5.000% 7/1/22 2,380 2,724
Illinois Finance Authority Revenue (Northwestern Memorial Hospital) VRDO 0.920% 5/5/17 21,770 21,770
Illinois Finance Authority Revenue (Northwestern University) VRDO 0.880% 5/5/17 14,005 14,005
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 11/15/20 2,560 2,857
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 11/15/21 1,100 1,253
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 5/15/22 1,925 2,208
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 11/15/22 1,535 1,775
Illinois Finance Authority Revenue (Palos Community Hospital) 5.000% 5/15/17 2,500 2,505
Illinois Finance Authority Revenue (Presbyterian Homes) 5.000% 5/1/21 1,200 1,348
Illinois Finance Authority Revenue (Presbyterian Homes) 5.000% 5/1/22 1,600 1,826
Illinois Finance Authority Revenue (Presbyterian Homes) 5.000% 5/1/23 1,400 1,623
1 Illinois Finance Authority Revenue (Presbyterian Homes) PUT 2.038% 5/1/21 2,500 2,505
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/21 3,055 3,315
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/22 4,000 4,393
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/23 5,000 5,543
Illinois Finance Authority Revenue (Rush University Medical Center) 5.000% 11/15/19 500 545
Illinois Finance Authority Revenue (Rush University Medical Center) 5.000% 11/15/20 1,000 1,118
Illinois Finance Authority Revenue (Rush University Medical Center) 5.000% 11/15/21 1,000 1,142
Illinois Finance Authority Revenue (Rush University Medical Center) 5.000% 11/15/22 1,000 1,159
Illinois Finance Authority Revenue (Silver Cross & Medical Centers) 5.000% 8/15/22 1,000 1,129
Illinois Finance Authority Revenue (Swedish Covenant Hospital) 5.000% 8/15/21 700 773
Illinois Finance Authority Revenue (Swedish Covenant Hospital) 5.000% 8/15/22 1,000 1,116
Illinois Finance Authority Revenue (Swedish Covenant Hospital) 5.000% 8/15/23 1,500 1,686
Illinois Finance Authority Revenue (Trinity Health Corp.) 3.000% 12/1/17 3,075 3,110
Illinois Finance Authority Revenue (University of Chicago Medical Center) 5.000% 8/15/22 1,200 1,391
Illinois Finance Authority Revenue (University of Chicago Medical Center) 5.000% 8/15/23 1,100 1,294
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/19 1,745 1,906
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/20 7,000 7,856
Illinois Finance Authority Revenue (University of Chicago) VRDO 0.900% 5/5/17 5,750 5,750
Illinois Finance Authority Solid Waste Disposal Revenue (Prairie Power Inc. Project) PUT 1.300% 5/8/17 2,340 2,340
3 Illinois Finance Authority Solid Waste Disposal Revenue (Prairie Power Inc. Project) PUT 1.750% 5/6/20 6,610 6,603
Illinois GO 5.000% 6/1/17 8,500 8,527
Illinois GO 5.000% 8/1/17 5,000 5,042
Illinois GO 5.500% 8/1/17 (14) 1,425 1,439
Illinois GO 5.000% 2/1/18 15,000 15,326
Illinois GO 5.000% 4/1/18 2,500 2,565
Illinois GO 5.000% 5/1/18 8,000 8,225
Illinois GO 5.000% 8/1/18 22,000 22,745

 

69

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Illinois GO 5.000% 11/1/18 8,600 8,935
Illinois GO 5.250% 1/1/19 8,635 8,984
Illinois GO 5.000% 2/1/19 7,500 7,783
Illinois GO 5.000% 2/1/19 1,575 1,634
Illinois GO 5.000% 8/1/19 26,625 27,823
Illinois GO 4.000% 9/1/19 2,000 2,047
Illinois GO 5.000% 11/1/19 10,000 10,481
Illinois GO 5.000% 2/1/20 3,000 3,145
Illinois GO 5.000% 3/1/20 10,610 11,135
Illinois GO 5.000% 4/1/20 2,000 2,101
Illinois GO 5.000% 5/1/20 24,500 25,765
Illinois GO 5.000% 7/1/20 12,500 13,170
Illinois GO 5.000% 8/1/20 (4) 6,500 7,007
Illinois GO 4.000% 9/1/20 1,520 1,556
Illinois GO 5.000% 1/1/21 (4) 8,425 8,939
Illinois GO 5.000% 2/1/21 10,000 10,540
Illinois GO 5.000% 2/1/21 4,100 4,321
Illinois GO 5.000% 4/1/21 8,500 8,968
Illinois GO 5.000% 5/1/21 17,000 17,946
Illinois GO 5.000% 11/1/22 8,200 8,692
Illinois GO 5.000% 1/1/23 19,200 20,335
Illinois GO 5.000% 2/1/23 7,000 7,415
Illinois GO 5.000% 1/1/24 19,200 20,337
Illinois Health Facilities Authority Revenue (Evanston Hospital Corp.) VRDO 0.920% 5/5/17 22,270 22,270
Illinois Housing Development Authority Multi-Family Housing Revenue        
(J. Michael Fitzgerald Apartments Project) PUT 0.900% 1/1/18 5,125 5,118
Illinois Sales Tax Revenue 5.000% 6/15/19 14,220 15,312
Illinois Sales Tax Revenue 5.000% 6/15/20 15,050 16,609
Illinois Toll Highway Authority Revenue 5.000% 12/1/17 6,500 6,658
Illinois Toll Highway Authority Revenue 5.000% 12/1/18 7,000 7,434
Illinois Toll Highway Authority Revenue 5.000% 1/1/19 1,000 1,064
Illinois Toll Highway Authority Revenue 5.000% 12/1/19 20,100 21,992
Illinois Toll Highway Authority Revenue 5.000% 1/1/20 5,000 5,481
Illinois Toll Highway Authority Revenue 5.000% 12/1/20 20,000 22,476
Illinois Toll Highway Authority Revenue 5.000% 1/1/21 5,000 5,627
Illinois Toll Highway Authority Revenue 5.000% 12/1/21 15,000 17,231
Illinois Toll Highway Authority Revenue VRDO 0.900% 5/5/17 3,520 3,520
Lake County IL Community High School District No. 117 GO 0.000% 12/1/17 (14) 5,155 5,118
McHenry County IL Conservation District GO 5.000% 2/1/19 2,500 2,666
McHenry County IL Conservation District GO 5.000% 2/1/21 3,000 3,379
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 6/15/21 (14) 16,775 14,922
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 12/15/21 (14) 2,510 2,192
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue        
(McCormick Place Expansion Project) 0.000% 12/15/19 (14) 1,235 1,161
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue        
(McCormick Place Expansion Project) 5.000% 12/15/22 2,500 2,513
Northern Illinois Municipal Power Agency Project Revenue 5.000% 12/1/22 1,000 1,140
Northern Illinois Municipal Power Agency Project Revenue 5.000% 12/1/23 2,210 2,552
Northern Illinois Municipal Power Agency Project Revenue 5.000% 12/1/24 1,120 1,308
Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue 5.000% 6/1/17 9,580 9,614
Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue 5.000% 6/1/18 1,875 1,952
Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue 5.250% 6/1/20 6,600 7,337
Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue 6.250% 6/1/24 2,100 2,108
Romeoville IL Revenue (Lewis University Project) 5.000% 10/1/21 615 683
Romeoville IL Revenue (Lewis University Project) 5.000% 10/1/23 645 734
Springfield IL Electric Revenue 5.000% 3/1/18 2,000 2,062
Springfield IL Electric Revenue 5.000% 3/1/19 2,000 2,130
Springfield IL Electric Revenue 5.000% 3/1/21 2,000 2,238
Springfield IL Electric Revenue 5.000% 3/1/22 2,335 2,651
Springfield IL Electric Revenue 5.000% 3/1/23 5,000 5,763
Springfield IL Electric Revenue 5.000% 3/1/24 4,515 5,267
University of Illinois Auxiliary Facilities System Revenue 5.000% 4/1/24 2,580 2,808
University of Illinois COP 5.000% 8/15/20 5,000 5,517
University of Illinois COP 5.000% 10/1/20 3,850 4,261
University of Illinois COP 5.000% 8/15/21 5,000 5,632
Will County IL Community High School District No. 210 (Lincoln-Way) GO 4.000% 1/1/22 800 770
        1,063,335
Indiana (1.5%)        
Avon IN Community School Building Corp 5.000% 7/15/21 1,505 1,712
Avon IN Community School Building Corp. Revenue 5.000% 1/15/21 2,325 2,615
Ball State University Housing & Dining System Indiana Revenue 5.000% 7/1/21 200 228

 

70

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Ball State University Housing & Dining System Indiana Revenue 5.000% 7/1/22 250 290
Ball State University Housing & Dining System Indiana Revenue 5.000% 7/1/23 250 295
Ball State University Student Fee Indiana Revenue 5.000% 7/1/21 500 571
Ball State University Student Fee Indiana Revenue 5.000% 7/1/22 225 261
Ball State University Student Fee Indiana Revenue 5.000% 7/1/23 525 620
Evansville IN Redevelopment Authority Revenue (Arena Project) 5.000% 2/1/21 (15) 3,155 3,516
Evansville IN Redevelopment Authority Revenue (Arena Project) 5.000% 2/1/22 (15) 3,370 3,820
Evansville IN Redevelopment Authority Revenue (Arena Project) 5.000% 2/1/23 (15) 3,535 4,037
Indiana Bond Bank Special Program Gas Revenue 5.250% 10/15/19 50 55
Indiana Finance Authority Economic Development Revenue (Republic Services Inc. Project) PUT 1.050% 6/1/17 7,650 7,650
Indiana Finance Authority Health System Revenue        
(Sisters of St. Francis Health Services Inc. Obligated Group) 5.000% 11/1/21 2,380 2,518
Indiana Finance Authority Health System Revenue        
(Sisters of St. Francis Health Services Inc. Obligated Group) 5.000% 11/1/22 1,500 1,750
Indiana Finance Authority Hospital Revenue (Community Health Network) 5.000% 5/1/20 860 948
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 3/1/18 10,445 10,798
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 3/1/19 5,000 5,357
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 12/1/20 1,100 1,241
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 12/1/20 1,000 1,128
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 12/1/21 2,500 2,877
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 12/1/22 7,000 8,211
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 12/1/23 5,200 6,184
Indiana Finance Authority Hospital Revenue (Parkview Health System) 5.000% 5/1/19 1,650 1,773
Indiana Finance Authority Hospital Revenue (Parkview Health System) VRDO 0.920% 5/5/17 LOC 74,585 74,585
Indiana Finance Authority Lease Revenue 5.000% 2/1/18 4,500 4,642
Indiana Finance Authority Lease Revenue 5.000% 2/1/19 3,700 3,962
Indiana Finance Authority Lease Revenue 5.000% 2/1/20 3,500 3,873
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 5.000% 3/1/18 825 851
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 5.000% 3/1/19 1,000 1,065
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 5.000% 3/1/20 1,300 1,423
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 4.000% 9/1/21 250 271
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 5.000% 9/1/22 250 286
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 5.000% 3/1/23 750 854
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 5.000% 9/1/23 700 810
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/18 1,000 1,056
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/19 335 365
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/20 375 419
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/20 840 937
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/21 380 435
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/21 1,680 1,916
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/22 1,000 1,155
Indiana Health & Educational Facility Financing Authority Revenue        
(Ascension Health Credit Group) PUT 1.750% 11/2/21 34,110 33,867
Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT 4.000% 8/1/17 7,930 7,990
Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT 1.250% 5/1/20 2,300 2,276
Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT 1.500% 5/1/20 4,615 4,593
Indiana Housing & Community Development Authority Revenue        
(Edgewood Group Apartment Project) PUT 1.150% 3/1/18 5,425 5,428
Indiana Municipal Power Agency Revenue 5.000% 1/1/18 1,500 1,541
Indiana Transportation Finance Authority Revenue 5.500% 12/1/22 (14) 16,640 20,001
Indiana University Student Fee Revenue 5.000% 8/1/17 1,000 1,011
Indiana University Student Fee Revenue 5.000% 6/1/18 1,000 1,045
Indiana University Student Fee Revenue 5.000% 8/1/18 4,000 4,204
Indiana University Student Fee Revenue 5.000% 6/1/19 1,500 1,624
Indiana University Student Fee Revenue 5.000% 6/1/21 3,500 4,019
Indiana University Student Fee Revenue 5.000% 6/1/22 3,000 3,524
2 Indianapolis IN Local Public Improvement Bond Bank Revenue TOB VRDO 1.050% 5/5/17 23,935 23,935
Ivy IN Tech Community College Revenue 5.000% 7/1/19 850 919
Ivy IN Tech Community College Revenue 5.000% 7/1/20 500 555
Purdue University Indiana University COP 5.000% 7/1/21 2,290 2,628
Purdue University Indiana University COP 5.000% 7/1/22 2,290 2,683
Purdue University Indiana University Student Fee Revenue 5.000% 7/1/17 1,000 1,007
Richmond IN Hospital Authority Revenue (Reid Hospital & Health Care Services Inc.) 5.000% 1/1/20 1,010 1,095
Richmond IN Hospital Authority Revenue (Reid Hospital & Health Care Services Inc.) 5.000% 1/1/22 1,275 1,432
Richmond IN Hospital Authority Revenue (Reid Hospital & Health Care Services Inc.) 5.000% 1/1/23 850 969
Rockport IN Pollution Control Revenue (Indiana Michigan Power Co. Project) PUT 1.750% 6/1/18 5,500 5,497
Terre Haute IN Sanitation District Special Tax Revenue 4.000% 7/1/17 3,520 3,534
Terre Haute IN Sanitation District Special Tax Revenue 4.000% 1/1/18 3,590 3,645
Terre Haute IN Sanitation District Special Tax Revenue 4.000% 7/1/18 3,665 3,760
Terre Haute IN Sanitation District Special Tax Revenue 4.000% 1/1/19 3,740 3,873
Whiting IN Environmental Facilities Revenue (BP Products North America Inc. Project) 5.000% 7/1/17 5,000 5,033

 

71

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Whiting IN Environmental Facilities Revenue (BP Products North America Inc. Project) PUT 1.850% 10/1/19 30,000 30,091
2 Zionsville IN Community Schools Building Corp. Revenue TOB VRDO 1.030% 5/5/17 (4) LOC 5,340 5,340
        354,479
Iowa (0.4%)        
Iowa Board of Regents Hospital Revenue (University of Iowa Hospitals & Clinics) 4.000% 9/1/19 5,675 6,044
Iowa Finance Authority Healthcare Revenue (Genesis Health System) 5.000% 7/1/19 4,075 4,406
Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) 5.000% 12/1/19 14,135 14,467
Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) 5.500% 12/1/22 7,500 7,627
2 Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) 5.875% 12/1/27 12,155 12,480
Iowa Finance Authority Revenue 5.000% 8/1/21 9,400 10,809
Iowa Finance Authority Revenue 5.000% 8/1/22 10,000 11,740
Iowa Higher Education Loan Authority Revenue Private College Facility (Grinnell College Project) 4.000% 12/1/17 1,300 1,324
Iowa Higher Education Loan Authority Revenue Private College Facility (Grinnell College Project) 4.000% 12/1/21 400 444
Iowa Higher Education Loan Authority Revenue Private College Facility (Grinnell College Project) 4.000% 12/1/22 425 478
Iowa Higher Education Loan Authority Revenue Private College Facility (Grinnell College Project) 4.000% 12/1/23 500 566
Iowa Special Obligation Revenue 5.000% 6/15/21 1,820 2,086
Iowa Special Obligation Revenue 5.000% 6/15/22 3,740 4,378
Iowa Special Obligation Revenue 5.000% 6/15/23 4,820 5,736
Xenia IA Rural Water District Revenue 5.000% 12/1/21 320 358
Xenia IA Rural Water District Revenue 5.000% 12/1/22 335 380
        83,323
Kansas (0.6%)        
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 5.000% 12/1/22 500 556
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 5.000% 12/1/23 500 559
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 5.000% 12/1/24 1,080 1,213
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 5.000% 12/1/25 600 674
Johnson County KS Unified School District No. 233 GO 5.000% 9/1/21 750 863
Johnson County KS Unified School District No. 233 GO 5.000% 9/1/21 1,565 1,801
Johnson County KS Unified School District No. 233 GO 5.000% 9/1/22 1,000 1,175
Johnson County KS Unified School District No. 233 GO 5.000% 9/1/23 750 894
1 Kansas Department of Transportation Highway Revenue 0.899% 9/1/17 4,000 3,999
1 Kansas Department of Transportation Highway Revenue 0.979% 9/1/18 3,500 3,495
1 Kansas Department of Transportation Highway Revenue 1.059% 9/1/19 3,000 2,992
Kansas Development Finance Authority Health Facilities Revenue        
(Kansas University Health System) 5.000% 3/1/18 1,035 1,069
Kansas Development Finance Authority Health Facilities Revenue        
(Kansas University Health System) 5.000% 3/1/19 1,150 1,229
Kansas Development Finance Authority Revenue 5.000% 5/1/21 17,635 20,028
Kansas Development Finance Authority Revenue 5.000% 4/1/22 3,765 4,315
Kansas Development Finance Authority Revenue 5.000% 5/1/22 17,565 20,301
Kansas Development Finance Authority Revenue 5.000% 5/1/24 16,250 19,359
Kansas Development Finance Authority Revenue (Wichita State University Projects) 5.000% 6/1/18 2,420 2,524
3 University of Kansas Hospital Authority Health Facilities Revenue 5.000% 3/1/22 180 208
3 University of Kansas Hospital Authority Health Facilities Revenue 5.000% 3/1/23 300 352
3 University of Kansas Hospital Authority Health Facilities Revenue 5.000% 3/1/24 275 326
Wichita KS GO 1.250% 10/13/17 34,655 34,656
Wichita KS Hospital Facilities Revenue (Via Christi Health System Inc.) 5.000% 11/15/17 (ETM) 1,130 1,155
Wichita KS Hospital Facilities Revenue (Via Christi Health System Inc.) 5.000% 11/15/18 (ETM) 2,250 2,390
Wichita KS Water & Sewer Utility Revenue 5.000% 10/1/22 1,040 1,219
Wyandotte County KS Unified School District No. 500 GO 5.000% 9/1/22 1,000 1,159
Wyandotte County KS Unified School District No. 500 GO 5.000% 9/1/23 1,200 1,413
Wyandotte County/Kansas City KS Unified Government Utility System Revenue 5.000% 9/1/19 500 543
Wyandotte County/Kansas City KS Unified Government Utility System Revenue 5.000% 9/1/20 1,565 1,743
Wyandotte County/Kansas City KS Unified Government Utility System Revenue 5.000% 9/1/22 750 868
        133,078
Kentucky (0.9%)        
Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) 4.000% 2/1/21 540 575
Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) 5.000% 2/1/22 565 629
Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) 5.000% 2/1/23 765 860
Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) 5.000% 2/1/24 680 770
Carroll County KY Pollution Control Revenue (Kentucky Utilities Co. Project) PUT 1.050% 9/1/19 6,875 6,799
Kenton County KY Airport Revenue 5.000% 1/1/20 700 765
Kenton County KY Airport Revenue 5.000% 1/1/21 700 783
Kenton County KY Airport Revenue 5.000% 1/1/22 750 855
Kenton County KY Airport Revenue 5.000% 1/1/23 500 577
Kentucky Asset/Liability Commission Agency Fund Revenue (Federal Highway Trust) 5.000% 9/1/18 2,500 2,631
Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) 5.000% 5/1/21 1,000 1,137
Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) 5.000% 5/1/22 750 871
1 Kentucky Economic Development Finance Authority Revenue (Catholic Health Initiatives) PUT 1.568% 2/1/20 25,000 24,549
Kentucky Municipal Power Agency Power System Revenue 5.000% 9/1/20 (14) 6,000 6,640

 

72

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Kentucky Municipal Power Agency Power System Revenue 5.000% 9/1/21 (14) 6,025 6,810
Kentucky Municipal Power Agency Power System Revenue 5.000% 9/1/22 (14) 2,500 2,876
Kentucky Property & Building Commission Revenue 5.000% 8/1/21 15,840 18,022
Kentucky Property & Building Commission Revenue 5.000% 8/1/22 4,510 5,220
Kentucky Property & Building Commission Revenue 5.000% 8/1/22 15,060 17,432
Kentucky Public Transportation Infrastructure Authority Toll Revenue        
(Downtown Crossing Project) BAN 5.000% 7/1/17 27,800 27,960
Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) 5.000% 7/1/18 2,500 2,615
Louisville & Jefferson County KY Metropolitan Government Environmental Facilities Revenue        
(Louisville Gas & Electric Co. Project) PUT 1.150% 6/1/17 5,000 5,001
Louisville & Jefferson County KY Metropolitan Government Environmental Facilities Revenue        
(Louisville Gas & Electric Co. Project) PUT 1.600% 6/1/17 9,500 9,504
Louisville & Jefferson County KY Metropolitan Government Environmental Facilities Revenue        
(Louisville Gas & Electric Co. Project) PUT 1.500% 4/1/19 19,850 19,880
Louisville & Jefferson County KY Metropolitan Government Health System Revenue        
(Norton Healthcare Obligated Group) 5.000% 10/1/20 600 665
Louisville & Jefferson County KY Metropolitan Government Health System Revenue        
(Norton Healthcare Obligated Group) 3.000% 10/1/21 1,000 1,045
Louisville & Jefferson County KY Metropolitan Government Health System Revenue        
(Norton Healthcare Obligated Group) 5.000% 10/1/22 1,750 2,007
Louisville & Jefferson County KY Metropolitan Sewer & Drain System BAN 3.500% 11/15/17 50,000 50,719
Warren County KY Hospital Revenue        
(Bowling Green-Warren County Community Hospital Corp. Project) 5.000% 4/1/18 1,100 1,139
        219,336
Louisiana (1.0%)        
DeSoto Parish LA Pollution Control Revenue (Southwestern Electric Power Co. Project) 1.600% 1/1/19 13,500 13,510
East Baton Rouge Parish LA Industrial Development Board Revenue (ExxonMobil Project) VRDO 0.860% 5/1/17 32,225 32,225
1 East Baton Rouge Parish LA Sewer Commission Revenue PUT 1.188% 8/1/18 23,475 23,358
Ernest N. Morial - New Orleans LA Exhibition Hall Authority Special Tax Revenue 4.000% 7/15/18 1,040 1,077
Ernest N. Morial - New Orleans LA Exhibition Hall Authority Special Tax Revenue 5.000% 7/15/19 1,190 1,287
Lafayette LA Communications System Revenue 5.000% 11/1/20 (4) 1,000 1,114
Lafayette LA Communications System Revenue 5.000% 11/1/21 (4) 1,000 1,138
Lafayette LA Communications System Revenue 5.000% 11/1/22 (4) 2,000 2,307
Louisiana Citizens Property Insurance Corp. Assessment Revenue 5.000% 6/1/20 8,000 8,806
Louisiana Citizens Property Insurance Corp. Assessment Revenue 5.000% 6/1/21 (4) 5,000 5,660
Louisiana Citizens Property Insurance Corp. Assessment Revenue 5.000% 6/1/22 (4) 4,000 4,611
1 Louisiana Gasoline & Fuel Tax Revenue PUT 1.158% 5/1/17 55,500 55,497
1 Louisiana Gasoline & Fuel Tax Revenue PUT 1.158% 5/1/18 12,500 12,436
1 Louisiana Gasoline & Fuel Tax Revenue PUT 1.238% 5/1/18 8,000 7,959
Louisiana GO 5.000% 5/1/22 10,320 11,911
Louisiana GO 5.000% 5/1/22 2,800 3,232
Louisiana GO 5.000% 9/1/22 4,000 4,645
Louisiana Highway Improvement Revenue 5.000% 6/15/18 1,325 1,384
Louisiana Highway Improvement Revenue 5.000% 6/15/19 1,000 1,081
Louisiana Highway Improvement Revenue 5.000% 6/15/20 1,325 1,473
Louisiana Highway Improvement Revenue 5.000% 6/15/21 1,100 1,254
Louisiana Offshore Terminal Authority Deep Water Port Revenue (LOOP LLC Project) PUT 2.200% 10/1/17 4,125 4,137
Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) 4.000% 5/15/20 310 332
Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) 5.000% 5/15/21 450 506
Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) 5.000% 5/15/22 350 401
Louisiana Stadium & Exposition District Revenue 5.000% 7/1/18 1,050 1,094
Louisiana Stadium & Exposition District Revenue 5.000% 7/1/19 1,250 1,344
Louisiana Stadium & Exposition District Revenue 5.000% 7/1/20 1,100 1,210
New Orleans LA GO 5.000% 12/1/18 4,065 4,308
New Orleans LA GO 5.000% 12/1/20 1,400 1,565
New Orleans LA GO 5.000% 12/1/21 1,200 1,370
New Orleans LA GO 5.000% 12/1/22 700 811
New Orleans LA Sewage Service Revenue 5.000% 6/1/18 500 521
New Orleans LA Sewage Service Revenue 5.000% 6/1/19 500 538
New Orleans LA Sewage Service Revenue 5.000% 6/1/21 300 338
New Orleans LA Sewage Service Revenue 5.000% 6/1/22 350 401
New Orleans LA Sewage Service Revenue 5.000% 6/1/22 1,595 1,827
New Orleans LA Sewage Service Revenue 5.000% 6/1/23 350 405
New Orleans LA Water Revenue 5.000% 12/1/20 400 444
New Orleans LA Water Revenue 5.000% 12/1/22 1,500 1,721
St. Charles Parish LA Gulf Opportunity Zone Revenue (Valero Energy Corp.) PUT 4.000% 6/1/22 14,650 15,392
Tobacco Settlement Financing Corp. Louisiana Revenue 5.000% 5/15/19 2,500 2,646
Tobacco Settlement Financing Corp. Louisiana Revenue 5.000% 5/15/20 8,375 9,058
Tobacco Settlement Financing Corp. Louisiana Revenue 5.000% 5/15/22 1,000 1,119
        247,453

 

73

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Maine (0.1%)        
Maine GO 5.000% 6/1/22 10,205 11,992
Maine Health & Higher Educational Facilities Authority Revenue 5.000% 7/1/21 3,930 4,457
Maine Health & Higher Educational Facilities Authority Revenue 5.000% 7/1/22 1,425 1,645
Maine Health & Higher Educational Facilities Authority Revenue 5.000% 7/1/23 3,275 3,838
        21,932
Maryland (4.5%)        
Anne Arundel County MD GO 5.000% 4/1/19 6,960 7,492
Anne Arundel County MD GO 5.000% 4/1/19 2,640 2,842
Anne Arundel County MD GO 5.000% 10/1/22 3,110 3,672
Anne Arundel County MD GO 5.000% 10/1/22 1,455 1,718
Anne Arundel County MD GO 5.000% 10/1/22 2,520 2,976
Anne Arundel County MD GO 5.000% 10/1/22 4,690 5,538
Anne Arundel County MD GO 5.000% 10/1/23 3,110 3,741
Anne Arundel County MD GO 5.000% 10/1/23 1,455 1,750
Anne Arundel County MD GO 5.000% 10/1/23 2,485 2,989
Anne Arundel County MD GO 5.000% 10/1/23 3,880 4,667
Baltimore County MD GO 5.000% 2/1/18 2,900 2,991
Baltimore County MD GO 5.000% 2/1/18 9,000 9,282
Baltimore County MD GO 5.000% 2/1/20 2,100 2,322
Baltimore County MD GO 5.000% 10/15/21 10,400 12,011
Baltimore County MD GO 5.000% 2/1/23 6,950 8,073
Baltimore County MD GO 5.000% 8/1/23 3,700 4,442
Baltimore County MD GO 5.000% 8/1/25 3,000 3,529
Baltimore MD Consolidated Public Improvement GO 5.000% 10/15/17 500 510
Baltimore MD Consolidated Public Improvement GO 5.000% 10/15/18 2,280 2,415
Baltimore MD Project Revenue 5.000% 7/1/21 750 857
Baltimore MD Project Revenue 5.000% 7/1/21 520 595
Baltimore MD Project Revenue 5.000% 7/1/22 550 641
Baltimore MD Project Revenue 5.000% 7/1/22 500 582
Baltimore MD Project Revenue 5.000% 7/1/23 550 650
Baltimore MD Project Revenue 5.000% 7/1/23 525 621
Calvert County MD GO 5.000% 7/1/22 4,855 5,709
Howard County MD GO 5.000% 2/15/18 3,895 4,023
Howard County MD GO 5.000% 2/15/19 3,830 4,106
Howard County MD GO 5.000% 8/15/19 5,000 5,452
Howard County MD GO 5.000% 2/15/20 4,475 4,955
Maryland Department of Transportation Revenue 5.000% 5/1/18 3,250 3,384
Maryland Department of Transportation Revenue 5.000% 5/1/19 14,000 15,113
Maryland Department of Transportation Revenue 4.000% 9/1/20 18,475 20,166
Maryland Department of Transportation Revenue 5.000% 11/1/20 11,500 12,991
Maryland Department of Transportation Revenue 5.000% 12/1/20 15,495 17,546
Maryland Department of Transportation Revenue 5.000% 11/1/21 12,375 14,320
Maryland Department of Transportation Revenue 5.000% 12/15/21 7,920 9,189
Maryland Department of Transportation Revenue 5.000% 2/15/22 38,965 45,476
Maryland Department of Transportation Revenue 5.000% 11/1/22 23,000 27,258
Maryland Department of Transportation Revenue 5.000% 12/15/22 11,255 13,371
Maryland Department of Transportation Revenue 4.000% 12/15/24 17,620 20,050
Maryland Economic Development Corp. Revenue (Constellation Energy Group, Inc. Project) PUT 2.550% 6/1/20 8,900 8,867
Maryland Economic Development Corp. Student Housing Revenue        
(University of Maryland College Park) 4.000% 6/1/20 (4) 620 668
Maryland Economic Development Corp. Student Housing Revenue        
(University of Maryland College Park) 4.000% 6/1/21 (4) 700 767
Maryland Economic Development Corp. Student Housing Revenue        
(University of Maryland College Park) 4.000% 6/1/22 (4) 1,200 1,331
Maryland Economic Development Corp. Student Housing Revenue        
(University of Maryland College Park) 4.000% 6/1/23 (4) 1,350 1,513
Maryland GO 5.000% 8/1/17 8,495 8,587
Maryland GO 5.000% 8/1/17 26,445 26,731
Maryland GO 5.000% 8/1/17 5,070 5,125
Maryland GO 5.000% 8/1/17 5,000 5,054
4 Maryland GO 5.000% 8/15/17 (Prere.) 2,795 2,830
Maryland GO 5.000% 3/1/18 1,150 1,190
Maryland GO 5.250% 3/1/18 2,400 2,488
Maryland GO 5.000% 8/1/18 24,160 25,397
Maryland GO 5.000% 8/1/18 28,795 30,269
Maryland GO 5.000% 11/1/18 2,525 2,679
4 Maryland GO 5.000% 8/1/19 (Prere.) 28,995 31,536
Maryland GO 5.000% 11/1/19 4,265 4,682
Maryland GO 4.500% 8/1/20 4,215 4,663
Maryland GO 5.000% 8/1/20 30,000 33,674

 

74

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
4 Maryland GO 5.000% 3/1/21 (Prere.) 3,745 4,267
Maryland GO 4.000% 8/1/21 20,000 22,207
Maryland GO 5.000% 8/1/21 34,110 39,328
Maryland GO 5.000% 8/1/21 30,000 34,590
Maryland GO 5.000% 6/1/22 4,000 4,695
Maryland GO 5.000% 8/1/22 10,000 11,779
Maryland GO 5.000% 8/1/22 4,430 5,218
Maryland GO 5.000% 8/1/23 83,960 100,807
Maryland GO 5.000% 3/15/24 46,400 56,254
Maryland Health & Higher Educational Facilities Authority Revenue        
(Adventist Healthcare Obligated Group) 5.250% 1/1/24 1,455 1,673
Maryland Health & Higher Educational Facilities Authority Revenue (Anne Arundel Health System) 4.000% 7/1/18 835 865
Maryland Health & Higher Educational Facilities Authority Revenue (Anne Arundel Health System) 4.000% 7/1/19 850 903
Maryland Health & Higher Educational Facilities Authority Revenue (Anne Arundel Health System) 5.000% 7/1/20 1,000 1,116
1 Maryland Health & Higher Educational Facilities Authority Revenue        
(Johns Hopkins Health System Obligated Group) PUT 1.488% 11/15/17 5,860 5,876
1 Maryland Health & Higher Educational Facilities Authority Revenue        
(Johns Hopkins Health System Obligated Group) PUT 1.488% 11/15/17 19,465 19,517
1 Maryland Health & Higher Educational Facilities Authority Revenue        
(Johns Hopkins Health System Obligated Group) PUT 1.238% 5/15/18 4,650 4,654
1 Maryland Health & Higher Educational Facilities Authority Revenue        
(Johns Hopkins Health System Obligated Group) PUT 1.258% 5/15/18 9,500 9,510
Maryland Health & Higher Educational Facilities Authority Revenue (Loyola University) 5.000% 10/1/18 1,095 1,156
Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) 5.000% 8/15/17 1,500 1,518
Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) 5.000% 8/15/18 1,400 1,471
Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) 5.000% 8/15/19 1,400 1,521
Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) 5.000% 8/15/20 2,170 2,415
Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) 5.000% 8/15/21 1,785 2,033
Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) 5.000% 8/15/22 4,600 5,339
Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) 4.000% 7/1/20 1,000 1,079
Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) 5.000% 7/1/21 650 737
Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) 5.000% 7/1/22 500 575
Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) 5.000% 7/1/23 1,220 1,419
Maryland Health & Higher Educational Facilities Authority Revenue        
(Peninsula Regional Medical Center) 5.000% 7/1/21 2,220 2,526
Maryland Health & Higher Educational Facilities Authority Revenue        
(University of Maryland Medical System) 4.000% 7/1/21 1,000 1,092
Maryland Health & Higher Educational Facilities Authority Revenue        
(University of Maryland Medical System) 5.000% 7/1/22 2,580 2,975
Maryland Health & Higher Educational Facilities Authority Revenue        
(Western Maryland Health System) 5.000% 7/1/19 2,500 2,687
Maryland Health & Higher Educational Facilities Authority Revenue        
(Western Maryland Health System) 5.000% 7/1/20 3,150 3,473
Maryland Health & Higher Educational Facilities Authority Revenue        
(Western Maryland Health System) 5.000% 7/1/21 7,045 7,923
Maryland Health & Higher Educational Facilities Authority Revenue        
(Western Maryland Health System) 5.000% 7/1/22 5,000 5,707
Maryland Water Quality Financing Administration Bay Restoration Revolving Loan Fund Revenue 5.000% 3/1/22 12,350 14,409
Montgomery County MD GO 5.000% 8/1/17 12,100 12,231
Montgomery County MD GO 5.000% 11/1/17 4,800 4,902
Montgomery County MD GO 5.000% 7/1/18 32,050 33,586
Montgomery County MD GO 5.000% 7/1/18 3,400 3,563
Montgomery County MD GO 5.000% 8/1/18 2,000 2,102
Montgomery County MD GO 5.000% 11/1/19 2,840 3,117
Montgomery County MD GO 5.000% 11/1/21 22,680 26,278
Montgomery County MD GO 5.000% 12/1/21 10,000 11,607
Montgomery County MD GO 5.000% 12/1/22 8,650 10,248
Prince Georges County MD GO 5.000% 7/1/23 3,500 4,196
Washington MD Suburban Sanitary Commission GO 4.000% 6/1/21 14,705 16,302
Washington MD Suburban Sanitary Commission GO 4.000% 6/1/22 15,290 17,198
Washington Suburban Sanitation District Maryland GO 5.000% 6/1/17 4,000 4,016
Washington Suburban Sanitation District Maryland GO 5.000% 6/1/18 2,735 2,857
Washington Suburban Sanitation District Maryland GO 5.000% 6/1/20 5,000 5,585
Washington Suburban Sanitation District Maryland GO 5.000% 6/1/21 4,695 5,391
Westminster MD Educational Facilities Revenue (McDaniel College Inc.) 5.000% 11/1/21 1,840 2,044
Westminster MD Educational Facilities Revenue (McDaniel College Inc.) 5.000% 11/1/22 1,950 2,196
Westminster MD Educational Facilities Revenue (McDaniel College Inc.) 5.000% 11/1/23 2,060 2,344
        1,061,143
Massachusetts (4.2%)        
Massachusetts Bay Transportation Authority Assessment Revenue 5.000% 7/1/18 1,250 1,311
Massachusetts Bay Transportation Authority Revenue VRDO 0.910% 5/5/17 9,800 9,800

 

75

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Massachusetts Bay Transportation Authority Sales Tax Revenue 5.000% 7/1/18 (Prere.) 10,000 10,478
Massachusetts Bay Transportation Authority Sales Tax Revenue 5.250% 7/1/18 (Prere.) 5,215 5,480
Massachusetts Bay Transportation Authority Sales Tax Revenue PUT 1.200% 11/24/17 29,190 29,190
2 Massachusetts Bay Transportation Authority Sales Tax Revenue TOB VRDO 1.000% 5/5/17 19,838 19,838
Massachusetts College Building Authority Revenue 5.000% 5/1/20 3,000 3,334
Massachusetts College Building Authority Revenue 5.000% 5/1/21 5,495 6,280
Massachusetts Department of Transportation Metropolitan Highway System Revenue 5.000% 1/1/23 7,000 7,700
Massachusetts Department of Transportation Metropolitan Highway System Revenue VRDO 0.900% 5/5/17 40,725 40,725
Massachusetts Development Finance Agency Revenue (Berkshire Health System) 5.000% 10/1/18 1,245 1,311
Massachusetts Development Finance Agency Revenue (Berkshire Health System) 5.000% 10/1/19 1,215 1,318
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/17 (ETM) 1,025 1,032
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/17 1,035 1,042
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/18 (ETM) 435 456
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/18 440 459
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/21 750 843
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/22 850 967
2 Massachusetts Development Finance Agency Revenue (Boston University) TOB VRDO 1.020% 5/5/17 LOC 6,430 6,430
Massachusetts Development Finance Agency Revenue (CareGroup Inc.) 5.000% 7/1/20 5,000 5,540
Massachusetts Development Finance Agency Revenue (CareGroup Inc.) 5.000% 7/1/21 5,705 6,473
Massachusetts Development Finance Agency Revenue (CareGroup Inc.) 5.000% 7/1/21 5,000 5,673
Massachusetts Development Finance Agency Revenue (CareGroup Inc.) 5.000% 7/1/22 3,385 3,914
Massachusetts Development Finance Agency Revenue (CareGroup Inc.) 5.000% 7/1/22 1,655 1,914
Massachusetts Development Finance Agency Revenue (CareGroup Inc.) 5.000% 7/1/23 6,000 7,035
Massachusetts Development Finance Agency Revenue (CareGroup Inc.) 5.000% 7/1/23 2,605 3,054
Massachusetts Development Finance Agency Revenue (Emerson College) 5.000% 1/1/19 1,540 1,617
Massachusetts Development Finance Agency Revenue (Emerson College) 5.000% 1/1/20 1,030 1,106
Massachusetts Development Finance Agency Revenue (Emerson College) 5.000% 1/1/21 1,180 1,290
Massachusetts Development Finance Agency Revenue (Emerson College) 5.000% 1/1/22 1,265 1,404
Massachusetts Development Finance Agency Revenue (Emerson College) 5.000% 1/1/22 1,140 1,283
Massachusetts Development Finance Agency Revenue (Emerson College) 5.000% 1/1/23 1,835 2,052
Massachusetts Development Finance Agency Revenue (Emerson College) 5.000% 1/1/23 800 914
Massachusetts Development Finance Agency Revenue (Harvard University) 5.000% 7/15/22 6,090 7,167
Massachusetts Development Finance Agency Revenue (Harvard University) 5.000% 7/15/23 6,555 7,864
Massachusetts Development Finance Agency Revenue (Partners Healthcare) 5.000% 7/1/20 800 892
1 Massachusetts Development Finance Agency Revenue (Partners Healthcare) PUT 1.450% 1/30/18 8,790 8,800
1 Massachusetts Development Finance Agency Revenue (Partners Healthcare) PUT 1.380% 1/29/20 5,500 5,412
Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) 5.000% 9/1/17 1,000 1,009
Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) 5.000% 9/1/18 1,025 1,048
Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) 5.000% 9/1/19 1,080 1,121
Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) 5.000% 9/1/20 1,105 1,160
Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) 5.000% 9/1/21 1,095 1,160
Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) 5.000% 9/1/22 1,165 1,242
Massachusetts Development Finance Agency Revenue (South Shore Hospital Inc.) 5.000% 7/1/21 500 566
Massachusetts Development Finance Agency Revenue (South Shore Hospital Inc.) 5.000% 7/1/22 600 691
Massachusetts Development Finance Agency Revenue (Suffolk University) 5.000% 7/1/22 435 494
Massachusetts Development Finance Agency Revenue (Suffolk University) 5.000% 7/1/23 1,500 1,726
Massachusetts Development Finance Agency Revenue (Suffolk University) 5.000% 7/1/24 1,000 1,154
Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) 5.000% 7/1/17 2,265 2,280
Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) 5.000% 7/1/19 2,000 2,146
Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) 5.000% 7/1/21 1,440 1,607
Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) 5.000% 7/1/21 3,200 3,570
Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) 5.000% 7/1/22 750 846
1 Massachusetts Development Finance Agency Revenue (Williams College) PUT 1.180% 7/1/17 14,860 14,859
Massachusetts Educational Financing Authority Education Loan Revenue 5.500% 1/1/22 1,000 1,086
Massachusetts Federal Highway GAN (Accelerated Bridge Program) 5.000% 6/15/20 5,000 5,594
Massachusetts GO 5.000% 10/1/17 27,000 27,483
Massachusetts GO 5.500% 11/1/17 2,100 2,150
Massachusetts GO 5.500% 12/1/17 (14) 3,255 3,345
1 Massachusetts GO 1.330% 1/1/18 10,000 10,007
4 Massachusetts GO 5.000% 8/1/18 (Prere.) 4,500 4,730
4 Massachusetts GO 5.000% 8/1/18 (Prere.) 4,535 4,765
Massachusetts GO 5.250% 8/1/18 (4) 5,060 5,333
Massachusetts GO 5.500% 8/1/18 (14) 2,000 2,114
Massachusetts GO 5.000% 10/1/18 30,000 31,722
Massachusetts GO 5.500% 10/1/18 4,955 5,274
Massachusetts GO 5.500% 10/1/18 (4) 10,200 10,857
Massachusetts GO 5.000% 12/1/18 30,000 31,914
Massachusetts GO 5.500% 12/1/19 (14) 9,160 10,194
Massachusetts GO 5.000% 4/1/20 45,000 49,990
Massachusetts GO 5.000% 6/1/20 (Prere.) 10,000 11,142
Massachusetts GO 5.000% 8/1/20 33,155 37,187

 

76

 

Limited-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Massachusetts GO 5.000% 8/1/21 (Prere.) 7,500 8,624
  Massachusetts GO 5.000% 8/1/21 40,500 46,584
  Massachusetts GO 5.000% 10/1/21 (Prere.) 7,860 9,083
  Massachusetts GO 5.000% 7/1/22 3,235 3,793
  Massachusetts GO 5.000% 10/1/23 4,220 5,051
  Massachusetts GO 5.000% 11/1/23 10,000 11,810
  Massachusetts GO 5.000% 11/1/24 3,500 4,124
  Massachusetts GO 5.000% 7/1/25 14,955 17,454
  Massachusetts GO 5.000% 7/1/26 7,020 8,174
  Massachusetts GO PUT 1.050% 7/1/20 16,500 16,243
1 Massachusetts GO PUT 1.200% 8/1/17 23,000 23,000
  Massachusetts GO VRDO 0.900% 5/5/17 21,000 21,000
  Massachusetts Health & Educational Facilities Authority Revenue (Amherst College) PUT 0.800% 12/1/17 2,000 1,997
  Massachusetts Health & Educational Facilities Authority Revenue (Children’s Hospital) VRDO 0.880% 5/1/17 LOC 8,000 8,000
  Massachusetts Health & Educational Facilities Authority Revenue (Lahey Clinic Medical Center) 5.250% 8/15/17 (Prere.) 6,650 6,737
  Massachusetts Health & Educational Facilities Authority Revenue        
  (Milford Regional Medical Center) 5.000% 7/15/22 500 504
4 Massachusetts Health & Educational Facilities Authority Revenue (MIT) 5.000% 7/1/17 (Prere.) 3,500 3,526
4 Massachusetts Health & Educational Facilities Authority Revenue (MIT) 5.500% 7/1/18 (Prere.) 3,875 4,084
  Massachusetts Health & Educational Facilities Authority Revenue (Northeastern University) 5.000% 10/1/17 5,000 5,085
  Massachusetts Health & Educational Facilities Authority Revenue (Partners Healthcare System) 5.000% 7/1/22 5,000 5,418
  Massachusetts Health & Educational Facilities Authority Revenue        
  (Partners Healthcare System) VRDO 0.900% 5/5/17 6,200 6,200
  Massachusetts Health & Educational Facilities Authority Revenue        
  (UMass Memorial Medical Center) 5.000% 7/1/20 960 1,051
  Massachusetts Health & Educational Facilities Authority Revenue        
  (UMass Memorial Medical Center) 5.000% 7/1/21 1,415 1,553
  Massachusetts Housing Finance Agency Single Family Housing Revenue 3.500% 6/1/42 8,465 8,899
  Massachusetts Housing Finance Agency Single Family Housing Revenue 4.000% 12/1/44 4,830 5,146
  Massachusetts Housing Finance Agency Single Family Housing Revenue 4.000% 6/1/45 4,855 5,133
  Massachusetts Municipal Wholesale Electric Co. Power System Revenue 5.000% 7/1/17 9,560 9,627
  Massachusetts Port Authority Revenue 5.000% 7/1/17 (4) 6,600 6,648
  Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 8/15/17 (Prere.) 4,715 4,774
  Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 5/15/19 2,250 2,432
  Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 8/15/19 15,000 16,349
  Massachusetts Transportation Fund Revenue (Accelerated Bridge Program) 5.000% 6/1/19 11,460 12,406
  Massachusetts Transportation Fund Revenue (Accelerated Bridge Program) 5.000% 6/1/21 5,000 5,735
  Massachusetts Transportation Fund Revenue (Accelerated Bridge Program) 5.000% 6/1/22 3,850 4,385
  Massachusetts Turnpike Authority Revenue (Metropolitan Highway System) 0.000% 1/1/18 (14) 10,000 9,930
  Massachusetts Turnpike Authority Revenue (Metropolitan Highway System) 0.000% 1/1/20 (14) 17,000 16,330
  Massachusetts Water Pollution Abatement Trust Revenue 5.000% 8/1/17 1,500 1,516
  Massachusetts Water Pollution Abatement Trust Revenue 5.000% 8/1/18 3,000 3,154
  Massachusetts Water Pollution Abatement Trust Revenue 5.250% 8/1/18 1,000 1,054
  Massachusetts Water Pollution Abatement Trust Revenue 5.250% 8/1/18 2,065 2,177
  Massachusetts Water Pollution Abatement Trust Revenue 5.000% 8/1/19 4,500 4,900
  Massachusetts Water Pollution Abatement Trust Revenue 5.000% 8/1/20 16,000 17,960
  Massachusetts Water Pollution Abatement Trust Revenue 5.000% 8/1/20 (Prere.) 6,000 6,720
  Massachusetts Water Pollution Abatement Trust Revenue 5.000% 8/1/21 4,580 5,281
  Massachusetts Water Pollution Abatement Trust Revenue 5.000% 8/1/21 7,520 8,170
  Massachusetts Water Pollution Abatement Trust Revenue 5.000% 8/1/22 4,290 4,658
  Massachusetts Water Pollution Abatement Trust Revenue 5.000% 8/1/23 5,000 5,424
  Massachusetts Water Resources Authority Revenue 5.000% 8/1/19 (Prere.) 3,210 3,490
  Massachusetts Water Resources Authority Revenue 5.000% 8/1/19 (Prere.) 930 1,011
  Massachusetts Water Resources Authority Revenue 5.000% 8/1/20 1,370 1,496
  Massachusetts Water Resources Authority Revenue 5.000% 8/1/21 3,900 4,490
  Massachusetts Water Resources Authority Revenue 5.000% 8/1/23 6,000 6,886
1,2 Massachusetts Water Resources Authority Revenue TOB PUT 1.100% 7/3/17 LOC 7,250 7,250
2 Massachusetts Water Resources Authority Revenue TOB VRDO 1.000% 5/5/17 (4) LOC 27,000 27,000
  Massachusetts Water Resources Authority Revenue VRDO 0.930% 5/5/17 27,000 27,000
  University of Massachusetts Building Authority Revenue 5.000% 11/1/20 1,250 1,409
  University of Massachusetts Building Authority Revenue PUT 1.200% 11/24/17 9,390 9,390
          990,289
Michigan (2.6%)        
  Chippewa Valley MI Schools GO 5.000% 5/1/19 1,025 1,102
  Chippewa Valley MI Schools GO 5.000% 5/1/22 450 521
  Chippewa Valley MI Schools GO 5.000% 5/1/23 575 674
  Coopersville MI Area Public Schools GO 5.000% 5/1/20 1,235 1,369
  Coopersville MI Area Public Schools GO 5.000% 5/1/21 2,325 2,645
  Coopersville MI Area Public Schools GO 5.000% 5/1/22 1,900 2,199
  Detroit MI Water Supply System Revenue 5.000% 7/1/20 1,755 1,928
  East Lansing MI School District GO 5.000% 5/1/20 600 665

 

77

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
East Lansing MI School District GO 5.000% 5/1/22 2,095 2,425
Forest Hills MI Public Schools GO 5.000% 5/1/22 4,645 5,376
Forest Hills MI Public Schools GO 5.000% 5/1/23 4,405 5,164
2 Great Lakes MI Water Authority Sewer Disposal System Revenue TOB VRDO 1.100% 5/5/17 (4) 6,235 6,235
Great Lakes MI Water Authority Water Supply System Revenue 5.000% 7/1/22 1,840 2,110
Great Lakes MI Water Authority Water Supply System Revenue 5.000% 7/1/23 4,755 5,529
Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) 5.000% 5/15/21 500 563
Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) 5.000% 5/15/22 500 570
Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) 5.000% 5/15/23 500 576
Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) 5.000% 5/15/24 550 638
Kent Hospital Finance Authority Michigan Revenue (Spectrum Health System) PUT 5.000% 11/15/17 1,500 1,532
Kentwood MI Economic Development Corp. Revenue (Holland Home Obligated Group) 4.000% 11/15/24 3,120 3,292
L’Anse Creuse MI Public Schools GO 5.000% 5/1/18 720 748
L’Anse Creuse MI Public Schools GO 5.000% 5/1/19 1,030 1,108
L’Anse Creuse MI Public Schools GO 5.000% 5/1/20 1,670 1,851
L’Anse Creuse MI Public Schools GO 5.000% 5/1/21 250 284
Lincoln MI Consolidated School District GO 5.000% 5/1/21 (4) 1,000 1,137
Lincoln MI Consolidated School District GO 5.000% 5/1/23 (4) 1,310 1,536
Livonia MI Public Schools School District GO 5.000% 5/1/19 (15) 1,000 1,072
Livonia MI Public Schools School District GO 5.000% 5/1/20 (15) 3,365 3,684
Livonia MI Public Schools School District GO 5.000% 5/1/21 (15) 2,000 2,220
Marquette MI Board of Light & Power Electric Utility System Revenue 5.000% 7/1/21 700 791
Marquette MI Board of Light & Power Electric Utility System Revenue 5.000% 7/1/22 900 1,035
Marquette MI Board of Light & Power Electric Utility System Revenue 5.000% 7/1/23 900 1,046
Michigan Building Authority Revenue 5.000% 10/15/17 1,250 1,274
Michigan Building Authority Revenue 5.000% 4/15/20 7,000 7,761
Michigan Building Authority Revenue 5.000% 10/15/20 2,250 2,530
Michigan Building Authority Revenue 5.000% 10/15/21 1,750 2,011
Michigan Building Authority Revenue 5.000% 4/15/22 4,350 5,034
Michigan Building Authority Revenue 5.000% 4/15/22 1,000 1,157
Michigan Building Authority Revenue 5.000% 4/15/23 1,350 1,588
Michigan Finance Authority Revenue 5.000% 10/1/19 850 919
Michigan Finance Authority Revenue 5.000% 4/1/20 3,800 4,117
Michigan Finance Authority Revenue 5.000% 10/1/20 1,200 1,294
Michigan Finance Authority Revenue 5.000% 4/1/21 4,350 4,801
Michigan Finance Authority Revenue 5.000% 4/15/21 6,240 7,093
Michigan Finance Authority Revenue 5.000% 10/1/21 1,275 1,407
Michigan Finance Authority Revenue 5.000% 4/1/22 7,185 8,032
Michigan Finance Authority Revenue 5.000% 10/1/22 525 591
Michigan Finance Authority Revenue 5.000% 4/1/23 9,000 10,194
Michigan Finance Authority Revenue (Beaumont Health Obligated Group) 4.000% 8/1/17 1,000 1,008
Michigan Finance Authority Revenue (Beaumont Health Obligated Group) 4.000% 8/1/20 1,250 1,348
Michigan Finance Authority Revenue (Beaumont Health Obligated Group) 5.000% 8/1/21 3,500 3,976
Michigan Finance Authority Revenue (Beaumont Health Obligated Group) 5.000% 8/1/22 2,500 2,894
2 Michigan Finance Authority Revenue (Beaumont Health Obligated Group) TOB VRDO 1.100% 5/5/17 6,060 6,060
Michigan Finance Authority Revenue (Detroit Water & Sewer) 3.000% 7/1/17 500 501
Michigan Finance Authority Revenue (Detroit Water & Sewer) 3.000% 7/1/17 200 201
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/17 5,000 5,033
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/17 500 503
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/17 1,100 1,107
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/17 (14) 5,000 5,035
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/18 (14) 5,500 5,739
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/18 1,150 1,195
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/18 1,250 1,299
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/18 (14) 6,000 6,261
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/19 (14) 3,500 3,758
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/19 (14) 1,310 1,407
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/19 (14) 2,000 2,147
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/19 (14) 2,855 3,065
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/20 (14) 3,000 3,301
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/20 (14) 2,310 2,542
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/20 (14) 8,000 8,802
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/20 (4) 8,500 9,374
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/21 (4) 10,000 11,264
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/21 (14) 3,000 3,371
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/21 1,000 1,120
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/21 (4) 16,260 18,315
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/22 1,000 1,135
Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) 5.000% 11/15/21 1,800 2,052
Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) 5.000% 11/15/22 2,000 2,321
Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) 5.000% 11/15/23 3,000 3,535

 

78

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/17 1,000 1,002
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/18 805 839
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/19 1,000 1,079
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/20 600 667
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/21 600 683
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/22 800 927
2 Michigan Finance Authority Revenue (McLaren Health Care Corp.) TOB VRDO 0.920% 5/1/17 LOC 29,000 29,000
Michigan Finance Authority Revenue (MidMichigan Obligated Group) 4.000% 6/1/20 600 645
Michigan Finance Authority Revenue (MidMichigan Obligated Group) 5.000% 6/1/21 750 849
Michigan Finance Authority Revenue (MidMichigan Obligated Group) 5.000% 6/1/22 1,000 1,154
Michigan Finance Authority Revenue (Sparrow Obligated Group) 4.000% 11/15/17 500 508
Michigan Finance Authority Revenue (Sparrow Obligated Group) 4.000% 11/15/18 500 522
Michigan Finance Authority Revenue (Sparrow Obligated Group) 4.000% 11/15/19 600 641
Michigan Finance Authority Revenue (Sparrow Obligated Group) 4.000% 11/15/19 1,000 1,065
Michigan Finance Authority Revenue (Sparrow Obligated Group) 4.000% 11/15/20 2,000 2,168
Michigan Finance Authority Revenue (Sparrow Obligated Group) 5.000% 11/15/21 1,600 1,828
Michigan Finance Authority Revenue (Sparrow Obligated Group) 5.000% 11/15/22 1,500 1,741
Michigan Finance Authority Revenue (State Clean Water Revolving Fund) 4.000% 10/1/17 1,150 1,165
Michigan Finance Authority Revenue (State Clean Water Revolving Fund) 5.000% 10/1/18 500 529
Michigan Finance Authority Revenue (State Clean Water Revolving Fund) 5.000% 10/1/19 1,500 1,642
Michigan Finance Authority Revenue (State Clean Water Revolving Fund) 5.000% 10/1/21 4,575 5,287
Michigan Finance Authority Revenue (State Clean Water Revolving Fund) 5.000% 10/1/22 16,800 19,821
Michigan Finance Authority Revenue (State Clean Water Revolving Fund) 5.000% 10/1/23 7,230 8,668
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/20 9,235 10,402
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/21 5,000 5,751
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/22 5,500 6,439
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/23 6,000 7,130
Michigan Finance Authority Revenue (Unemployment Obligation Assessment) 5.000% 7/1/18 50,500 52,938
Michigan Finance Authority Revenue (Unemployment Obligation Assessment) 5.000% 7/1/19 20,000 21,712
Michigan Finance Authority Revenue (Unemployment Obligation Assessment) 5.000% 7/1/22 2,275 2,316
Michigan GAN 5.000% 3/15/20 6,000 6,624
Michigan GAN 5.000% 3/15/21 4,000 4,532
Michigan GAN 5.000% 3/15/22 2,500 2,890
Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) 5.000% 11/15/17 5,000 5,111
Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) 5.000% 11/15/23 7,330 7,960
Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT 1.400% 6/29/18 11,750 11,768
Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT 1.500% 5/1/20 2,785 2,776
Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT 1.900% 4/1/21 7,000 7,030
Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT 2.400% 3/15/23 13,000 13,153
Michigan Hospital Finance Authority Revenue (McLaren Health Care) 5.000% 6/1/18 6,375 6,649
Michigan Hospital Finance Authority Revenue (McLaren Health Care) 5.000% 6/1/19 3,350 3,610
Michigan Hospital Finance Authority Revenue (Trinity Health) PUT 6.000% 12/1/17 5,000 5,146
Michigan Housing Development Authority Single Family Mortgage Revenue 4.000% 6/1/46 11,305 12,028
Michigan Municipal Bond Authority Revenue (State Clean Water Revolving Fund) 5.000% 10/1/18 400 423
Michigan Strategic Fund Limited Obligation Revenue (Detroit Edison Co. Project) PUT 1.450% 9/1/21 8,000 7,832
Michigan Strategic Fund Limited Obligation Revenue (Detroit Edison Co. Project) PUT 1.450% 9/1/21 2,000 1,958
Michigan Strategic Fund Limited Obligation Revenue        
(Facility for Rare Isotope Beams Project at Michigan State University) 4.000% 3/1/18 500 513
Michigan Strategic Fund Limited Obligation Revenue        
(Facility for Rare Isotope Beams Project at Michigan State University) 5.000% 3/1/19 1,000 1,071
Michigan Strategic Fund Limited Obligation Revenue        
(Facility for Rare Isotope Beams Project at Michigan State University) 5.000% 3/1/20 800 882
Michigan Strategic Fund Limited Obligation Revenue        
(Facility for Rare Isotope Beams Project at Michigan State University) 5.000% 3/1/21 600 680
Oakland University MI Revenue 5.000% 3/1/20 1,780 1,954
Oakland University MI Revenue 5.000% 3/1/21 1,000 1,126
Oakland University MI Revenue 5.000% 3/1/22 1,285 1,472
Oakland University MI Revenue 5.000% 3/1/23 425 494
Oakland University of Michigan Revenue VRDO 0.900% 5/5/17 LOC 5,200 5,200
Portage MI Public Schools GO 5.000% 11/1/20 750 843
Portage MI Public Schools GO 5.000% 5/1/22 1,790 2,072
Portage MI Public Schools GO 5.000% 11/1/22 1,380 1,609
Rochester MI Community School District GO 5.000% 5/1/20 6,980 7,736
Rochester MI Community School District GO 5.000% 5/1/21 4,075 4,635
Rochester MI Community School District GO 5.000% 5/1/22 1,650 1,910
Rochester MI Community School District GO 5.000% 5/1/23 1,225 1,439
Romeo MI Community School District GO 5.000% 5/1/23 1,000 1,172
Royal Oak MI City School District GO 5.000% 5/1/20 1,250 1,385
Royal Oak MI City School District GO 5.000% 5/1/21 600 683
Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) 5.000% 9/1/17 1,400 1,419
Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) 5.000% 9/1/19 1,500 1,625

 

79

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) 5.000% 9/1/20 1,200 1,335
Saginaw MI Hospital Finance Authority Hospital Revenue (Covenant Medical Center Inc.) 5.000% 7/1/17 2,880 2,899
University of Michigan Revenue 5.000% 4/1/21 1,000 1,144
University of Michigan Revenue 5.000% 4/1/22 600 703
University of Michigan Revenue 5.000% 4/1/23 500 597
1 University of Michigan Revenue PUT 1.330% 4/2/18 21,860 21,901
Walled Lake MI Consolidate School District GO 5.000% 5/1/22 3,135 3,628
Warren MI Consolidated School District GO 5.000% 5/1/23 (15) 2,755 3,230
Wayne County MI Airport Authority Revenue 5.000% 12/1/23 2,345 2,662
2 Wayne State University Michigan Revenue TOB VRDO 1.050% 5/5/17 2,500 2,500
Western Michigan University Revenue 5.000% 11/15/21 1,000 1,145
Woodhaven-Brownstone MI School District GO 5.000% 5/1/21 1,710 1,945
Woodhaven-Brownstone MI School District GO 5.000% 5/1/22 1,730 2,002
Woodhaven-Brownstone MI School District GO 5.000% 5/1/23 1,615 1,893
        617,209
Minnesota (0.8%)        
Hennepin County MN GO 5.000% 12/1/20 3,000 3,400
Hennepin County MN GO 5.000% 12/1/20 4,085 4,630
Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue        
(Allina Health System) 5.000% 11/15/20 675 761
Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue        
(Allina Health System) 5.000% 11/15/21 600 692
Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue        
(Allina Health System) 5.000% 11/15/22 650 765
Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue        
(Allina Health System) 5.000% 11/15/23 1,500 1,785
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/20 3,500 3,843
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 4.000% 1/1/21 125 137
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/21 350 395
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/21 2,700 3,047
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/22 1,000 1,153
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/22 3,000 3,459
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/22 250 289
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/23 5,000 5,871
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/23 250 294
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/24 7,180 8,544
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/24 200 239
Minneapolis MN Health Care System Revenue (Fairview Health Services) 5.000% 11/15/21 550 627
Minneapolis MN Health Care System Revenue (Fairview Health Services) 5.000% 11/15/22 200 231
Minneapolis MN Special School District No. 1 COP 5.000% 2/1/19 6,830 7,295
Minneapolis MN Special School District No. 1 COP 5.000% 2/1/21 7,225 8,160
Minnesota 911 Revenue 5.000% 6/1/18 (ETM) 2,320 2,423
Minnesota 911 Revenue 5.000% 6/1/21 9,390 10,794
Minnesota General Fund Revenue 5.000% 3/1/19 6,410 6,877
Minnesota GO 5.000% 10/1/17 (ETM) 35 36
Minnesota GO 5.000% 10/1/17 2,240 2,280
Minnesota GO 5.000% 8/1/18 8,375 8,800
Minnesota GO 5.000% 8/1/18 3,000 3,152
Minnesota GO 5.000% 8/1/18 3,825 4,019
Minnesota GO 5.000% 11/1/19 2,000 2,194
Minnesota GO 5.000% 8/1/21 6,000 6,910
Minnesota GO 5.000% 8/1/21 15,500 17,850
Minnesota GO 5.000% 8/1/22 12,900 15,173
Minnesota GO 5.000% 8/1/23 6,665 7,463
Minnesota GO 4.000% 10/1/24 14,225 16,069
Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) 4.000% 4/1/20 500 538
Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) 4.000% 4/1/21 425 465
Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) 4.000% 4/1/22 495 548
Minnesota Municipal Power Agency Revenue 5.000% 1/1/20 2,000 2,203
Minnesota Municipal Power Agency Revenue 5.000% 1/1/21 1,250 1,416
Minnesota Public Facilities Authority Revenue (State Revolving Fund) 5.000% 3/1/18 8,500 8,793
Shakopee MN Healthcare Facilities Revenue (St. Francis Regional Medical Center) 5.000% 9/1/20 1,340 1,489
Shakopee MN Healthcare Facilities Revenue (St. Francis Regional Medical Center) 5.000% 9/1/21 1,195 1,355
Shakopee MN Healthcare Facilities Revenue (St. Francis Regional Medical Center) 5.000% 9/1/22 1,580 1,822
St. Cloud MN Health Care Revenue (CentraCare Health System) 5.000% 5/1/17 1,000 1,000
St. Cloud MN Health Care Revenue (CentraCare Health System) 5.000% 5/1/22 2,800 3,232
University of Minnesota Revenue 5.000% 8/1/17 3,215 3,250
University of Minnesota Revenue 5.000% 12/1/17 10,000 10,245
University of Minnesota Revenue 5.000% 8/1/22 1,575 1,849
        197,862

 

80

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Mississippi (0.2%)        
DeSoto County MS School District GO 5.000% 5/1/18 10,340 10,760
DeSoto County MS School District GO 5.000% 5/1/19 8,000 8,615
Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) 5.000% 7/1/21 1,050 1,171
Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) 5.000% 7/1/22 2,000 2,260
Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) 5.000% 7/1/23 1,500 1,708
Jackson MS Public School District GO 5.000% 4/1/22 1,500 1,701
Mississippi Business Finance Corp. Gulf Opportunity Zone Industrial Development Revenue        
(Chevron USA Inc. Project) VRDO 0.900% 5/5/17 11,700 11,700
Mississippi Business Finance Corp. Solid Waste Disposal Revenue        
(Waste Management Inc. Project) PUT 1.125% 9/1/17 1,250 1,250
1 Mississippi GO 1.430% 9/1/17 4,635 4,637
1 Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Health System) PUT 2.200% 8/15/20 7,875 7,821
Mississippi Hospital Equipment & Facilities Authority Revenue (North Mississippi Health Services) 5.000% 10/1/17 2,500 2,541
        54,164
Missouri (0.9%)        
Boone County MO Hospital Revenue 5.000% 8/1/22 1,370 1,550
Boone County MO Hospital Revenue 5.000% 8/1/23 2,465 2,810
Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue        
(St. Francis Medical Center) 5.000% 6/1/19 2,000 2,151
Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue        
(St. Francis Medical Center) 5.000% 6/1/20 1,000 1,108
Curators of the University of Missouri System Facilities Revenue 5.000% 11/1/17 3,270 3,340
Curators of the University of Missouri System Facilities Revenue 5.000% 11/1/18 1,445 1,534
Curators of the University of Missouri System Facilities Revenue 5.000% 11/1/18 2,225 2,362
Curators of the University of Missouri System Facilities Revenue 5.000% 11/1/19 805 884
Curators of the University of Missouri System Facilities Revenue 5.000% 11/1/20 2,000 2,262
Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) 5.000% 12/1/22 2,000 2,324
Joplin MO Industrial Development Authority Health Facilities Revenue (Freeman Health System) 5.000% 2/15/22 1,500 1,713
Joplin MO Industrial Development Authority Health Facilities Revenue (Freeman Health System) 5.000% 2/15/23 1,420 1,646
Kansas City MO Airport Revenue 5.000% 9/1/18 1,500 1,578
Kansas City MO Airport Revenue 5.000% 9/1/19 2,715 2,943
Kansas City MO GO 4.000% 2/1/18 5,660 5,793
Kansas City MO Sanitary Sewer System Revenue 4.000% 1/1/21 1,025 1,125
Kansas City MO Sanitary Sewer System Revenue 4.000% 1/1/22 1,250 1,394
Kansas City MO Sanitary Sewer System Revenue 4.000% 1/1/23 1,500 1,690
Kansas City MO Special Obligation Revenue 5.000% 10/1/21 1,275 1,444
Kansas City MO Special Obligation Revenue 5.000% 10/1/21 1,305 1,478
Kansas City MO Special Obligation Revenue 5.000% 10/1/22 1,295 1,489
Kansas City MO Special Obligation Revenue 5.000% 10/1/22 1,410 1,622
Kansas City MO Special Obligation Revenue (Downtown Arena Project) 5.000% 4/1/21 3,000 3,365
Kansas City MO Special Obligation Revenue (Downtown Arena Project) 5.000% 4/1/22 4,955 5,654
Missouri Board of Public Buildings Special Obligation Revenue 5.000% 10/1/19 17,225 18,847
Missouri Development Finance Board Infrastructure Facilities Revenue (Branson Landing Project) 4.000% 12/1/20 1,300 1,390
Missouri Environmental Improvement & Energy Resources Authority Revenue        
(Kansas City Power & Light) 1.250% 7/1/17 4,200 4,202
Missouri Health & Educational Facilities Authority Educational Facilities Revenue        
(St. Louis College of Pharmacy Project) 5.000% 5/1/19 750 794
Missouri Health & Educational Facilities Authority Educational Facilities Revenue        
(St. Louis College of Pharmacy Project) 5.000% 5/1/20 870 940
Missouri Health & Educational Facilities Authority Educational Facilities Revenue        
(St. Louis College of Pharmacy Project) 5.000% 5/1/21 1,420 1,559
Missouri Health & Educational Facilities Authority Health Facilities Revenue        
(BJC Health System) VRDO 0.890% 5/5/17 8,400 8,400
Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) 5.000% 11/15/22 3,375 3,906
Missouri Health & Educational Facilities Authority Health Facilities Revenue        
(Freeman Health System) 5.000% 2/15/18 2,890 2,976
Missouri Health & Educational Facilities Authority Health Facilities Revenue        
(Freeman Health System) 5.000% 2/15/19 3,040 3,231
Missouri Health & Educational Facilities Authority Health Facilities Revenue        
(Freeman Health System) 5.000% 2/15/20 3,085 3,372
Missouri Health & Educational Facilities Authority Revenue        
(Lutheran Senior Services Obligated Group) 4.000% 2/1/18 500 510
Missouri Health & Educational Facilities Authority Revenue        
(Lutheran Senior Services Obligated Group) 4.000% 2/1/19 650 677
Missouri Health & Educational Facilities Authority Revenue        
(Lutheran Senior Services Obligated Group) 4.000% 2/1/20 900 953
Missouri Health & Educational Facilities Authority Revenue        
(Lutheran Senior Services Obligated Group) 5.000% 2/1/21 400 444
Missouri Health & Educational Facilities Authority Revenue        
(Lutheran Senior Services Obligated Group) 5.000% 2/1/22 1,190 1,341

 

81

 

Limited-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Missouri Health & Educational Facilities Authority Revenue        
  (Lutheran Senior Services Obligated Group) 5.000% 2/1/23 1,200 1,366
  Missouri Health & Educational Facilities Authority Revenue        
  (Lutheran Senior Services Obligated Group) 5.000% 2/1/24 750 856
  Missouri Highways & Transportation Commission Road Revenue 5.000% 5/1/20 43,310 48,259
  Missouri Highways & Transportation Commission Road Revenue 5.000% 5/1/21 4,380 5,019
  Missouri Joint Municipal Electric Utility Commission Power Project Revenue 5.000% 1/1/19 2,200 2,339
  Missouri Joint Municipal Electric Utility Commission Power Project Revenue 5.000% 1/1/21 6,275 7,031
  Missouri Joint Municipal Electric Utility Commission Power Project Revenue 5.000% 1/1/22 4,365 4,976
  Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 6/1/18 1,500 1,564
  Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 12/1/18 1,250 1,327
  Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 6/1/19 2,750 2,966
  Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 12/1/19 2,500 2,737
  Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 6/1/20 1,125 1,248
  Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 12/1/20 1,000 1,124
  Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 6/1/21 1,250 1,421
  Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 12/1/21 1,860 2,138
  Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 6/1/22 3,205 3,713
  Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 12/1/22 1,500 1,754
  Springfield MO Public Utility Revenue 5.000% 8/1/23 3,425 4,088
  St. Louis County MO Industrial Development Authority Senior Living Facilities Revenue        
  (Friendship Village Sunset Hills) 2.850% 9/1/18 5,400 5,425
  St. Louis MO Airport Revenue (Lambert-St. Louis International Airport) 5.000% 7/1/18 1,295 1,352
  St. Louis MO Parking Revenue 5.000% 12/15/21 (4) 535 608
  St. Louis MO Parking Revenue 5.000% 12/15/22 (4) 1,000 1,155
          209,267
Montana (0.1%)        
  Forsyth MT Pollution Control Revenue (Northwestern Corporation Colstrip Project) 2.000% 8/1/23 25,330 24,672
  Montana Facility Finance Authority Hospital Revenue (Benefis Health System) 5.000% 2/15/21 1,290 1,448
  Montana Facility Finance Authority Hospital Revenue (Benefis Health System) 5.000% 2/15/22 1,435 1,639
  Montana Facility Finance Authority Hospital Revenue (Benefis Health System) 5.000% 2/15/23 2,075 2,405
  Montana Facility Finance Authority Hospital Revenue (Benefis Health System) 5.000% 2/15/24 2,145 2,498
          32,662
Multiple States (0.7%)        
1,2 Eaton Vance Municipal Bond Fund II 1.950% 7/1/19 4,975 4,976
2 Nuveen AMT-Free Municipal Income Fund VRDP VRDO 1.150% 5/5/17 LOC 60,000 60,000
2 Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund VRDP VRDO 1.000% 5/5/17 LOC 77,100 77,100
2 Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund VRDP VRDO 1.000% 5/5/17 13,100 13,100
          155,176
Nebraska (0.8%)        
  Central Plains Energy Project Nebraska Gas Project Revenue (Project No. 1) 5.250% 12/1/20 5,000 5,590
  Central Plains Energy Project Nebraska Gas Project Revenue (Project No. 1) 5.250% 12/1/21 3,000 3,390
  Central Plains Energy Project Nebraska Gas Supply Revenue PUT 5.000% 6/1/19 11,175 11,908
  Central Plains Energy Project Nebraska Gas Supply Revenue PUT 5.000% 12/1/19 50,000 54,253
  Douglas County NE Hospital Authority No. 3 Health Facilities Revenue        
  (Nebraska Methodist Health System) 4.000% 11/1/19 750 795
  Douglas County NE Hospital Authority No. 3 Health Facilities Revenue        
  (Nebraska Methodist Health System) 5.000% 11/1/20 1,400 1,553
  Douglas County NE Hospital Authority No. 3 Health Facilities Revenue        
  (Nebraska Methodist Health System) 5.000% 11/1/22 1,000 1,147
  Douglas County NE Housing Authority Revenue (Blair High Residences Project) 1.400% 4/1/19 5,175 5,178
  Lincoln County NE Hospital Authority No. 1 Hospital Revenue        
  (Great Plains Regional Medical Center Project) 5.000% 11/1/18 500 526
  Lincoln County NE Hospital Authority No. 1 Hospital Revenue        
  (Great Plains Regional Medical Center Project) 4.000% 11/1/19 750 793
  Lincoln County NE Hospital Authority No. 1 Hospital Revenue        
  (Great Plains Regional Medical Center Project) 4.000% 11/1/20 600 643
  Municipal Energy Agency of Nebraska Power Supply System Revenue 5.000% 4/1/19 1,500 1,609
  Municipal Energy Agency of Nebraska Power Supply System Revenue 5.000% 4/1/20 1,350 1,490
  Municipal Energy Agency of Nebraska Power Supply System Revenue 5.000% 4/1/23 1,030 1,202
  Nebraska Investment Finance Authority Single Family Housing Revenue 3.000% 3/1/43 1,895 1,926
  Nebraska Investment Finance Authority Single Family Housing Revenue 3.000% 9/1/43 2,370 2,414
  Nebraska Investment Finance Authority Single Family Housing Revenue 3.000% 3/1/44 2,785 2,845
  Nebraska Investment Finance Authority Single Family Housing Revenue 4.000% 9/1/44 4,445 4,650
  Nebraska Investment Finance Authority Single Family Housing Revenue 3.500% 9/1/45 9,965 10,489
  Nebraska Public Power Agency Revenue 5.000% 1/1/22 4,330 4,901
  Nebraska Public Power District Revenue 5.000% 1/1/18 1,500 1,542
  Nebraska Public Power District Revenue 5.000% 1/1/19 1,000 1,066
  Nebraska Public Power District Revenue 5.000% 1/1/19 1,000 1,066
  Nebraska Public Power District Revenue 5.000% 1/1/20 2,800 3,078

 

82

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Nebraska Public Power District Revenue 5.000% 7/1/20 6,065 6,765
Nebraska Public Power District Revenue 5.000% 1/1/21 4,635 5,239
Nebraska Public Power District Revenue 5.000% 1/1/21 2,250 2,543
Nebraska Public Power District Revenue 5.000% 7/1/21 3,185 3,646
Nebraska Public Power District Revenue 5.000% 1/1/22 1,250 1,444
Nebraska Public Power District Revenue 5.000% 1/1/23 1,320 1,552
Nebraska Public Power District Revenue 5.000% 1/1/24 1,525 1,821
Omaha NE Public Power District Electric Revenue 5.000% 2/1/20 7,370 8,148
Omaha NE Public Power District Electric Revenue 5.000% 2/1/21 6,400 7,276
Scotts Bluff County NE Hospital Authority Revenue (Regional West Medical Center) 5.000% 2/1/21 1,535 1,672
Scotts Bluff County NE Hospital Authority Revenue (Regional West Medical Center) 5.000% 2/1/22 1,000 1,104
Scotts Bluff County NE Hospital Authority Revenue (Regional West Medical Center) 5.000% 2/1/23 1,700 1,886
University of Nebraska Facilities Corp. Revenue (UNMC Eye Institute) 5.000% 3/1/18 8,850 9,154
University of Nebraska Student Fee Revenue 5.000% 7/1/18 1,500 1,571
University of Nebraska Student Fee Revenue 5.000% 7/1/20 3,015 3,366
University of Nebraska Student Fee Revenue 5.000% 7/1/21 1,335 1,529
University of Nebraska Student Fee Revenue 5.000% 7/1/21 1,000 1,145
University of Nebraska Student Fee Revenue 5.000% 7/1/22 1,400 1,637
University of Nebraska Student Fee Revenue 5.000% 7/1/22 1,500 1,754
University of Nebraska Student Health & Recreation Project Revenue 5.000% 5/15/20 1,255 1,396
University of Nebraska Student Health & Recreation Project Revenue 5.000% 5/15/22 1,135 1,323
        190,025
Nevada (0.5%)        
Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) 5.000% 9/1/17 1,915 1,939
Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) 5.000% 9/1/19 1,030 1,108
Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) 5.000% 9/1/20 1,165 1,282
Clark County NV Airport Improvement Revenue 5.000% 7/1/18 32,000 33,503
Clark County NV Airport Improvement Revenue VRDO 0.900% 5/5/17 LOC 5,400 5,400
Clark County NV Highway Improvement Motor Vehicle Fuel Tax Revenue 5.000% 7/1/22 1,715 2,000
Clark County NV Passenger Facility Charge Revenue (Las Vegas McCarran International Airport) 5.000% 7/1/19 2,375 2,567
Clark County NV Passenger Facility Charge Revenue (Las Vegas McCarran International Airport) 5.000% 7/1/20 3,000 3,333
Clark County NV Passenger Facility Charge Revenue (Las Vegas McCarran International Airport) 5.000% 7/1/21 3,000 3,413
Clark County NV Passenger Facility Charge Revenue (Las Vegas McCarran International Airport) 5.000% 7/1/22 3,000 3,471
Clark County NV School District GO 5.000% 12/15/17 (Prere.) 23,970 24,593
Clark County NV School District GO 5.000% 12/15/17 (Prere.) 9,245 9,485
Las Vegas NV Convention & Visitors Authority Revenue 5.000% 7/1/21 1,000 1,133
Las Vegas NV Convention & Visitors Authority Revenue 5.000% 7/1/22 1,550 1,788
Las Vegas NV Convention & Visitors Authority Revenue 5.000% 7/1/23 1,180 1,383
Nevada Unemployment Compensation Revenue 5.000% 12/1/17 6,000 6,147
Washoe County NV Gas & Water Facilities Revenue PUT 3.000% 6/1/22 9,500 9,884
        112,429
New Hampshire (0.1%)        
Manchester NH General Airport Revenue 5.000% 1/1/22 6,820 7,603
New Hampshire Health & Education Facilities Authority Revenue (Elliott Hospital Obligated Group) 5.000% 10/1/21 1,250 1,397
New Hampshire Health & Education Facilities Authority Revenue (Elliott Hospital Obligated Group) 5.000% 10/1/22 900 1,018
New Hampshire Health & Education Facilities Authority Revenue (Elliott Hospital Obligated Group) 5.000% 10/1/23 1,675 1,913
New Hampshire Health & Education Facilities Authority Revenue        
(Southern New Hampshire Medical Center) 4.000% 10/1/22 2,070 2,260
New Hampshire Health & Education Facilities Authority Revenue        
(Southern New Hampshire Medical Center) 4.000% 10/1/23 2,355 2,581
New Hampshire Health & Education Facilities Authority Revenue        
(Southern New Hampshire Medical Center) 5.000% 10/1/24 1,910 2,222
New Hampshire Health & Education Facilities Authority Revenue        
(Southern New Hampshire Medical Center) 4.000% 10/1/25 1,695 1,847
New Hampshire Municipal Bond Bank Revenue 5.000% 8/15/17 3,200 3,240
New Hampshire Municipal Bond Bank Revenue 4.000% 8/15/21 505 555
New Hampshire Municipal Bond Bank Revenue 4.000% 8/15/22 1,000 1,111
        25,747
New Jersey (4.7%)        
Atlantic City NJ GO 5.000% 11/1/19 3,315 2,829
Atlantic City NJ GO 5.000% 12/1/19 6,995 5,964
Atlantic City NJ GO 5.000% 11/1/20 4,025 3,408
Atlantic City NJ GO 5.000% 12/1/20 7,185 6,080
Atlantic City NJ GO 5.000% 11/1/21 3,020 2,544
Atlantic City NJ GO 5.000% 12/1/21 1,970 1,659
Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue        
(Cooper Health System Obligated Group) 5.000% 2/15/20 2,040 2,216
Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue        
(Cooper Health System Obligated Group) 5.000% 2/15/21 2,460 2,723

 

83

 

Limited-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue        
  (Cooper Health System Obligated Group) 5.000% 2/15/22 2,295 2,573
  Camden County NJ Improvement Authority Lease Revenue        
  (Rowan University School of Osteopathic Medicine Project) 5.000% 12/1/22 1,095 1,266
1,2 Eaton Vance New Jersey Municipal Bond Fund II 1.900% 7/1/19 8,675 8,676
  Gloucester County NJ Improvement Authority Revenue (Rowan University) 5.000% 7/1/18 1,600 1,669
  Gloucester County NJ Improvement Authority Revenue (Rowan University) 5.000% 7/1/19 1,700 1,828
  Gloucester County NJ Improvement Authority Revenue (Rowan University) 5.000% 7/1/20 1,800 1,988
  Gloucester County NJ Improvement Authority Revenue (Rowan University) 5.000% 7/1/21 2,800 3,158
  Gloucester County NJ Improvement Authority Revenue (Rowan University) 5.000% 7/1/22 1,200 1,369
  Gloucester County NJ Improvement Authority Solid Waste Resource Revenue PUT 2.125% 12/1/17 3,280 3,295
  Howell Township NJ BAN 2.000% 10/19/17 11,850 11,898
  Morris County NJ Improvement Authority Revenue 4.000% 5/1/21 2,000 2,214
  Morris County NJ Improvement Authority Revenue 4.000% 5/1/22 1,000 1,124
  New Jersey Economic Development Authority Revenue 5.000% 3/1/18 14,425 14,765
  New Jersey Economic Development Authority Revenue 5.000% 3/1/19 (ETM) 29,800 31,939
  New Jersey Economic Development Authority Revenue 5.000% 6/15/22 62,735 66,833
  New Jersey Economic Development Authority Revenue 5.000% 6/15/22 10,000 10,653
  New Jersey Economic Development Authority Revenue 5.000% 6/15/23 6,395 6,815
  New Jersey Economic Development Authority Revenue 5.000% 6/15/23 16,000 17,051
  New Jersey Economic Development Authority Revenue (Cigarette Tax) 5.000% 6/15/18 7,235 7,470
  New Jersey Economic Development Authority Revenue (Cigarette Tax) 5.000% 6/15/19 8,000 8,435
  New Jersey Economic Development Authority Revenue (Cigarette Tax) 5.000% 6/15/20 7,000 7,501
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 9/1/17 (ETM) 6,450 6,541
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 9/1/17 (ETM) 7,500 7,606
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 12/15/17 (ETM) 13,745 14,102
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 12/15/17 (ETM) 555 569
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.500% 9/1/18 (ETM) 5,000 5,298
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 3/1/19 (ETM) 15,000 16,077
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 12/15/19 16,780 17,710
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 3/1/20 (ETM) 910 1,005
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 3/1/20 8,325 8,801
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 9/1/20 (ETM) 5,650 6,336
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 9/1/20 2,095 2,229
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.250% 12/15/20 (2) 9,670 10,526
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.250% 3/1/21 (Prere.) 13,480 15,445
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.250% 9/1/22 4,990 5,278
  New Jersey Economic Development Authority Revenue        
  (Provident Group-Montclair Properties LLC - Montclair State University Student Housing Project) 5.000% 6/1/17 3,525 3,535
  New Jersey Economic Development Authority Sublease Revenue        
  (New Jersey Transit Corp. Light Rail Transit System Project) 5.000% 5/1/19 1,000 1,048
  New Jersey Educational Facilities Authority Revenue (College of New Jersey) 4.000% 7/1/20 405 435
  New Jersey Educational Facilities Authority Revenue (College of New Jersey) 5.000% 7/1/21 500 564
  New Jersey Educational Facilities Authority Revenue (College of New Jersey) 5.000% 7/1/22 720 821
  New Jersey Educational Facilities Authority Revenue (College of New Jersey) 5.000% 7/1/23 1,000 1,157
  New Jersey Educational Facilities Authority Revenue (Kean University) 5.000% 9/1/17 2,500 2,529
  New Jersey Educational Facilities Authority Revenue (Princeton University) 5.000% 7/1/17 5,095 5,132
  New Jersey Educational Facilities Authority Revenue (Princeton University) 5.000% 7/1/18 5,345 5,601
  New Jersey Educational Facilities Authority Revenue (Princeton University) 5.000% 7/1/21 15,510 17,862
  New Jersey Educational Facilities Authority Revenue (Princeton University) 5.000% 7/1/23 3,125 3,746
  New Jersey Equipment Lease Purchase COP 5.000% 6/15/17 (ETM) 2,625 2,639
  New Jersey Equipment Lease Purchase COP 5.000% 6/15/18 (ETM) 4,550 4,758
  New Jersey Equipment Lease Purchase COP 5.000% 6/15/18 (Prere.) 10,255 10,725
  New Jersey Equipment Lease Purchase COP 5.000% 6/15/18 (Prere.) 1,500 1,569
  New Jersey GO 5.000% 8/15/17 11,660 11,801
  New Jersey GO 5.000% 6/1/18 5,000 5,204
  New Jersey GO 5.000% 8/15/19 8,395 9,050
  New Jersey Health Care Facilities Financing Authority Revenue (AHS Hospital Corp.) 5.000% 7/1/18 110 115
  New Jersey Health Care Facilities Financing Authority Revenue (AHS Hospital Corp.) 5.000% 7/1/18 (ETM) 2,390 2,505
  New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) 5.000% 7/1/17 2,000 2,014
  New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) 5.000% 7/1/18 1,000 1,044
  New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) 4.500% 7/1/21 (Prere.) 3,550 3,993
  New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 1/1/18 (ETM) 2,230 2,292
  New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 1/1/18 1,375 1,413
  New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 7/1/18 2,000 2,090
  New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 7/1/19 2,000 2,158
  New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 7/1/21 2,105 2,387
2 New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health)        
  TOB VRDO 1.050% 5/5/17 (12) 9,045 9,045
  New Jersey Health Care Facilities Financing Authority Revenue (Holy Name Medical Center) 4.000% 7/1/17 1,000 1,005
  New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) 5.000% 7/1/21 1,000 1,126

 

84

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) 5.000% 7/1/22 1,500 1,717
New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) 5.000% 7/1/23 2,000 2,319
New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) 4.000% 7/1/20 1,000 1,061
New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) 5.000% 7/1/21 1,000 1,109
New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) 5.000% 7/1/22 1,500 1,683
New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) 5.000% 7/1/23 3,000 3,396
New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) VRDO 0.820% 5/5/17 LOC 4,700 4,700
New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) VRDO 0.860% 5/5/17 LOC 2,050 2,050
New Jersey Higher Education Assistance Authority Student Loan Revenue 5.000% 6/1/19 1,500 1,600
2 New Jersey Higher Education Assistance Authority Student Loan Revenue TOB VRDO 1.120% 5/5/17 5,000 5,000
New Jersey Housing & Mortgage Finance Agency Single Family Housing Revenue VRDO 0.880% 5/5/17 5,600 5,600
New Jersey Housing & Mortgage Finance Agency Single Family Housing Revenue VRDO 0.880% 5/5/17 8,500 8,500
New Jersey Transportation Corp. GAN 5.000% 9/15/20 22,550 24,150
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/19 16,300 17,208
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/20 18,000 19,219
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/21 27,500 28,470
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/21 9,000 9,676
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/22 50,000 51,724
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/22 10,000 10,826
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/23 50,650 52,333
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/23 10,000 10,873
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/20 11,000 11,723
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/21 1,295 1,390
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/21 12,550 13,474
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/22 2,890 3,103
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/23 2,500 2,689
1 New Jersey Transportation Trust Fund Authority Transportation Program Revenue PUT 1.900% 12/15/19 41,000 40,391
1 New Jersey Transportation Trust Fund Authority Transportation Program Revenue PUT 2.100% 12/15/21 24,000 23,344
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 12/15/17 30,000 30,686
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 12/15/17 10,000 10,229
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 12/15/17 7,500 7,671
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 6/15/18 2,500 2,578
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 12/15/18 15,810 16,481
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 6/15/19 2,815 2,966
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 12/15/19 31,245 33,242
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 6/15/20 14,635 15,597
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/20 (4) 5,000 5,566
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/20 (4) 5,800 6,456
1 New Jersey Turnpike Authority Revenue 1.450% 1/1/18 40,000 39,987
New Jersey Turnpike Authority Revenue 5.000% 1/1/20 750 823
New Jersey Turnpike Authority Revenue 5.000% 1/1/21 1,000 1,127
1 New Jersey Turnpike Authority Revenue PUT 1.580% 1/1/18 10,115 10,121
1 New Jersey Turnpike Authority Revenue PUT 1.580% 1/1/18 15,000 15,008
2 New Jersey Turnpike Authority Revenue TOB VRDO 1.050% 5/5/17 LOC 8,600 8,600
Rutgers State University New Jersey Revenue 5.000% 5/1/19 1,000 1,077
Rutgers State University New Jersey Revenue 5.000% 5/1/19 1,000 1,077
Rutgers State University New Jersey Revenue 5.000% 5/1/20 2,000 2,221
Sparta Township NJ Board of Education GO 5.000% 2/15/21 1,030 1,166
Tobacco Settlement Financing Corp. New Jersey Revenue 0.000% 6/1/41 197,800 52,417
Union County NJ GO 4.000% 2/15/19 4,255 4,483
Union County NJ GO 4.000% 2/15/20 5,355 5,777
Union County NJ GO 5.000% 2/15/21 5,615 6,386
Union County NJ GO 5.000% 2/15/22 6,275 7,301
        1,125,200
New Mexico (0.6%)        
Albuquerque Bernalillo County NM Water Utility Authority Revenue 5.000% 7/1/20 2,000 2,239
Albuquerque Bernalillo County NM Water Utility Authority Revenue 5.000% 7/1/20 3,225 3,610
Albuquerque NM Municipal School District No. 12 GO 5.000% 8/1/20 1,800 2,015
Albuquerque NM Municipal School District No. 12 GO 5.000% 8/1/20 6,580 7,367
Albuquerque NM Municipal School District No. 12 GO 5.000% 8/1/21 1,130 1,297
Albuquerque NM Municipal School District No. 12 GO 5.000% 8/1/21 5,450 6,256
Farmington NM Pollution Control Revenue (El Paso Electric Co. Four Corners Project) PUT 1.875% 9/1/17 4,500 4,502
Farmington NM Pollution Control Revenue        
(Southern California Edison Co. Four Corners Project) PUT 1.875% 4/1/20 19,000 19,192
New Mexico Educational Assistance Foundation Revenue 4.000% 12/1/17 5,000 5,064
New Mexico Finance Authority Transportation Revenue 5.000% 6/15/17 9,000 9,050
New Mexico Hospital Equipment Loan Council Hospital System Revenue        
(Presbyterian Healthcare Services) 5.000% 8/1/21 1,600 1,827
New Mexico Hospital Equipment Loan Council Hospital System Revenue        
(Presbyterian Healthcare Services) VRDO 0.920% 5/5/17 11,600 11,600
1 New Mexico Municipal Energy Acquisition Authority Gas Supply Revenue 1.229% 2/1/18 5,000 5,009

 

85

 

Limited-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
1 New Mexico Municipal Energy Acquisition Authority Gas Supply Revenue 1.278% 8/1/18 5,200 5,191
1 New Mexico Municipal Energy Acquisition Authority Gas Supply Revenue PUT 1.408% 8/1/19 56,525 56,328
  New Mexico Severance Tax Revenue 5.000% 7/1/17 6,015 6,058
          146,605
New York (13.5%)        
2 Battery Park City Authority New York Revenue TOB VRDO 0.920% 5/1/17 LOC 24,900 24,900
  Binghamton NY City School District BAN 2.500% 11/17/17 6,000 6,047
  Brookhaven NY Local Development Corp. Revenue (Jeffersons Ferry Project) 5.000% 11/1/22 500 566
  Brookhaven NY Local Development Corp. Revenue (Jeffersons Ferry Project) 5.000% 11/1/23 600 683
  Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) 5.000% 7/15/21 1,000 1,120
  Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) 5.000% 7/15/22 2,000 2,275
  Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) 5.000% 7/15/23 1,385 1,595
  Buffalo & Erie County NY Industrial Land Development Corp. Revenue 5.000% 11/15/20 1,265 1,388
  Buffalo & Erie County NY Industrial Land Development Corp. Revenue 5.000% 11/15/21 1,355 1,505
  Central Islip NY Union Free School District BAN 2.000% 8/16/17 8,500 8,520
  Clarence NY BAN 2.000% 7/21/17 6,281 6,294
  Dobbs Ferry NY Union Free School District BAN 2.000% 7/28/17 3,700 3,707
  Dutchess County NY Local Development Corp. Revenue (Culinary Institute of America Project) 5.000% 7/1/21 300 336
  Dutchess County NY Local Development Corp. Revenue (Culinary Institute of America Project) 5.000% 7/1/22 300 342
  Dutchess County NY Local Development Corp. Revenue (Culinary Institute of America Project) 5.000% 7/1/23 350 403
  Dutchess County NY Local Development Corp. Revenue (Culinary Institute of America Project) 5.000% 7/1/24 350 408
1,2 Eaton Vance New York Municipal Bond Fund II 1.750% 7/1/19 5,750 5,751
  Erie County NY Industrial Development Agency School Facility Revenue        
  (Buffalo City School District Project) 5.000% 5/1/17 3,000 3,001
  Erie County NY Industrial Development Agency School Facility Revenue        
  (Buffalo City School District Project) 5.000% 5/1/17 1,125 1,125
  Johnson City Central School District BAN 2.000% 6/22/17 8,070 8,079
  Lewiston-Porter Central School District BAN 2.000% 6/15/17 8,975 8,984
  Long Island NY Power Authority Electric System Revenue 5.000% 9/1/17 9,955 10,092
  Long Island NY Power Authority Electric System Revenue 5.000% 5/1/18 (ETM) 2,000 2,082
  Long Island NY Power Authority Electric System Revenue 5.000% 5/1/19 (ETM) 1,500 1,618
  Long Island NY Power Authority Electric System Revenue 5.000% 9/1/20 1,295 1,447
  Long Island NY Power Authority Electric System Revenue 5.000% 9/1/21 1,295 1,481
  Long Island NY Power Authority Electric System Revenue 5.000% 9/1/22 750 872
  Long Island NY Power Authority Electric System Revenue 5.000% 9/1/22 2,000 2,326
  Long Island NY Power Authority Electric System Revenue 5.000% 9/1/23 1,000 1,183
1 Long Island NY Power Authority Electric System Revenue PUT 1.338% 11/1/18 16,850 16,840
1 Long Island NY Power Authority Electric System Revenue PUT 1.568% 11/1/18 30,000 30,085
  Monroe County NY Industrial Development Agency School Facility Revenue        
  (Rochester Schools Modernization Project) 5.000% 5/1/18 2,000 2,083
  Monroe County NY Industrial Development Agency School Facility Revenue        
  (Rochester Schools Modernization Project) 5.000% 5/1/18 1,000 1,041
  Monroe County NY Industrial Development Agency School Facility Revenue        
  (Rochester Schools Modernization Project) 5.000% 5/1/19 3,520 3,797
  Monroe County NY Industrial Development Agency School Facility Revenue        
  (Rochester Schools Modernization Project) 5.000% 5/1/19 2,000 2,157
  Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) 5.000% 7/1/21 745 853
  Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) 5.000% 7/1/21 1,350 1,546
  Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) 5.000% 7/1/22 480 561
  Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) 5.000% 7/1/22 1,930 2,257
  Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) 5.000% 7/1/23 1,000 1,192
  Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) 5.000% 7/1/23 1,115 1,329
  Mount Vernon City School District BAN 2.000% 8/18/17 8,500 8,517
  Nassau County NY GO 5.000% 4/1/20 14,340 15,849
  Nassau County NY GO 5.000% 4/1/21 11,075 12,558
  Nassau County NY GO 5.000% 1/1/22 9,685 11,144
  Nassau County NY Interim Finance Authority Sales Tax Revenue VRDO 0.910% 5/5/17 10,000 10,000
  Nassau County NY Local Economic Assistance & Financing Corp. Revenue        
  (Catholic Health Services) 5.000% 7/1/20 4,640 5,128
  Nassau County NY Local Economic Assistance & Financing Corp. Revenue        
  (South Nassau Communities Hospital) 5.000% 7/1/18 2,550 2,661
  Nassau County NY Local Economic Assistance & Financing Corp. Revenue        
  (South Nassau Communities Hospital) 5.000% 7/1/20 1,660 1,835
  Nassau County NY Local Economic Assistance & Financing Corp. Revenue        
  (Winthrop University Hospital Association Project) 5.000% 7/1/18 2,000 2,083
  Nassau County NY Local Economic Assistance & Financing Corp. Revenue        
  (Winthrop University Hospital Association Project) 5.000% 7/1/19 1,565 1,679
  Nassau County NY Local Economic Assistance Corp. Revenue        
  (Catholic Health Services of Long Island Obligated Group Project) 4.000% 7/1/19 375 396
  Nassau County NY Local Economic Assistance Corp. Revenue        
  (Catholic Health Services of Long Island Obligated Group Project) 5.000% 7/1/21 1,340 1,515

 

86

 

Limited-Term Tax-Exempt Fund


      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Nassau NY Health Care Corp. VRDO 0.920% 5/5/17 6,200 6,200
New Rochelle NY School District TAN 2.000% 6/29/17 6,000 6,009
New York City NY Build NYC Resource Corp. Revenue (Ethical Culture Fieldston Project) 4.000% 6/1/19 850 899
New York City NY Build NYC Resource Corp. Revenue (Ethical Culture Fieldston Project) 5.000% 6/1/20 600 665
New York City NY Build NYC Resource Corp. Revenue (Ethical Culture Fieldston Project) 5.000% 6/1/21 1,000 1,135
New York City NY Build NYC Resource Corp. Revenue (Ethical Culture Fieldston Project) 5.000% 6/1/22 650 752
New York City NY GO 5.000% 8/1/17 6,000 6,064
New York City NY GO 5.000% 8/1/17 3,800 3,840
New York City NY GO 5.000% 8/1/17 9,750 9,853
New York City NY GO 5.000% 8/1/17 8,185 8,272
New York City NY GO 5.000% 8/1/17 13,590 13,734
New York City NY GO 5.000% 10/1/17 2,500 2,544
New York City NY GO 5.000% 10/1/17 5,150 5,240
New York City NY GO 5.000% 8/1/18 3,250 3,412
New York City NY GO 5.000% 8/1/18 6,000 6,299
New York City NY GO 5.000% 8/1/18 4,650 4,882
New York City NY GO 5.000% 8/1/18 25,315 26,578
New York City NY GO 5.000% 8/1/18 13,030 13,680
New York City NY GO 5.000% 8/1/18 5,000 5,250
New York City NY GO 5.000% 8/1/18 6,000 6,299
New York City NY GO 5.000% 8/1/18 7,500 7,874
New York City NY GO 5.000% 10/1/18 7,650 8,080
New York City NY GO 4.000% 8/1/19 12,165 12,949
New York City NY GO 5.000% 8/1/19 15,000 16,300
New York City NY GO 5.000% 8/1/19 20,155 21,902
New York City NY GO 5.000% 8/1/19 7,225 7,851
New York City NY GO 5.000% 8/1/19 5,000 5,433
New York City NY GO 5.000% 8/1/19 5,000 5,433
New York City NY GO 5.000% 8/1/19 5,830 6,335
New York City NY GO 5.000% 8/1/19 8,000 8,694
New York City NY GO 5.000% 8/1/19 15,000 16,300
New York City NY GO 5.000% 8/1/20 20,000 22,387
New York City NY GO 5.000% 8/1/20 33,525 37,526
New York City NY GO 5.000% 8/1/20 1,880 2,104
New York City NY GO 5.000% 8/1/20 4,500 5,037
New York City NY GO 5.000% 10/1/20 4,375 4,920
New York City NY GO 5.000% 8/1/21 11,985 13,760
New York City NY GO 5.000% 8/1/21 2,000 2,296
New York City NY GO 5.000% 8/1/21 6,100 7,003
New York City NY GO 5.000% 8/1/21 9,000 10,333
New York City NY GO 5.000% 8/1/21 17,280 19,839
New York City NY GO 5.000% 8/1/21 10,000 11,481
New York City NY GO 5.000% 8/1/21 5,890 6,762
New York City NY GO 5.000% 8/1/21 4,000 4,592
New York City NY GO 5.000% 8/1/22 14,640 17,131
New York City NY GO 5.000% 8/1/22 40,930 47,894
New York City NY GO 5.000% 8/1/22 5,000 5,851
New York City NY GO 5.000% 8/1/22 4,000 4,681
New York City NY GO 5.000% 8/1/22 1,470 1,720
New York City NY GO 5.000% 8/1/22 4,275 5,002
New York City NY GO 5.000% 8/1/23 10,000 11,902
New York City NY GO 5.000% 8/1/23 14,790 17,602
New York City NY GO VRDO 0.860% 5/1/17 LOC 900 900
New York City NY GO VRDO 0.880% 5/1/17 LOC 15,960 15,960
New York City NY GO VRDO 0.880% 5/1/17 LOC 11,600 11,600
New York City NY GO VRDO 0.880% 5/1/17 19,015 19,015
New York City NY GO VRDO 0.890% 5/1/17 6,300 6,300
New York City NY GO VRDO 0.890% 5/1/17 9,750 9,750
New York City NY GO VRDO 0.900% 5/5/17 LOC 38,000 38,000
New York City NY GO VRDO 0.900% 5/5/17 LOC 39,805 39,805
New York City NY GO VRDO 0.900% 5/5/17 72,610 72,610
New York City NY Health & Hospital Corp. Revenue (Health System) 5.000% 2/15/21 3,000 3,400
New York City NY Health & Hospital Corp. Revenue (Health System) VRDO 0.900% 5/5/17 LOC 25,250 25,250
New York City NY Housing Development Corp. Multi-Family Housing Revenue 1.200% 11/1/17 2,685 2,685
New York City NY Housing Development Corp. Multi-Family Housing Revenue 1.250% 5/1/18 2,390 2,390
New York City NY Housing Development Corp. Multi-Family Housing Revenue 1.250% 5/1/18 10,010 10,011
New York City NY Housing Development Corp. Multi-Family Housing Revenue 5.000% 7/1/18 3,500 3,661
New York City NY Housing Development Corp. Multi-Family Housing Revenue 1.500% 11/1/18 13,095 13,098
New York City NY Housing Development Corp. Multi-Family Housing Revenue 1.500% 11/1/18 17,105 17,109
New York City NY Housing Development Corp. Multi-Family Housing Revenue 1.650% 5/1/19 20,000 20,006
New York City NY Housing Development Corp. Multi-Family Housing Revenue 5.000% 7/1/19 4,300 4,655

 

87

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York City NY Housing Development Corp. Multi-Family Housing Revenue 5.000% 7/1/20 4,760 5,306
New York City NY Housing Development Corp. Multi-Family Housing Revenue VRDO 0.900% 5/5/17 12,400 12,400
New York City NY Housing Development Corp. Sustainable Neighborhood Revenue 1.300% 11/1/19 13,500 13,494
New York City NY Housing Development Corp. Sustainable Neighborhood Revenue 1.375% 5/1/20 5,750 5,756
New York City NY Housing Development Corp. Sustainable Neighborhood Revenue PUT 1.450% 4/29/20 4,000 3,981
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/19 5,000 5,419
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/19 3,000 3,079
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.870% 5/1/17 5,800 5,800
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.880% 5/1/17 16,500 16,500
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.880% 5/1/17 23,400 23,400
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.880% 5/1/17 7,400 7,400
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.900% 5/5/17 59,075 59,075
New York City NY Sales Tax Asset Receivable Corp. Revenue 5.000% 10/15/21 19,510 22,601
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/19 1,000 1,085
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/20 1,500 1,677
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/21 1,520 1,742
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/22 4,585 5,367
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/17 20,000 20,419
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/17 (ETM) 825 842
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/17 6,175 6,305
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/18 7,455 7,902
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/15/18 11,950 12,684
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/19 8,560 9,380
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/19 25,115 27,521
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/20 6,395 7,059
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/20 8,925 9,852
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/20 3,090 3,485
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/21 7,925 9,160
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/21 9,000 10,402
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/22 6,000 7,072
2 New York City NY Transitional Finance Authority Future Tax Revenue TOB VRDO 0.990% 5/1/17 3,525 3,525
New York City NY Transitional Finance Authority Future Tax Revenue VRDO 0.920% 5/5/17 22,600 22,600
New York City NY Trust for Cultural Resources Revenue (Museum of Modern Art) 4.000% 2/1/23 20,000 22,688
New York City NY Trust for Cultural Resources Revenue (The Juilliard School) PUT 1.350% 8/1/17 7,300 7,308
New York City NY Trust for Cultural Resources Revenue (Whitney Museum of American Art) 5.000% 7/1/17 6,250 6,294
New York Convention Center Development Corp. Revenue 5.000% 11/15/21 2,000 2,295
New York Convention Center Development Corp. Revenue 5.000% 11/15/22 1,000 1,167
2 New York Liberty Development Corp. Revenue (Goldman Sachs Headquarters) TOB VRDO 1.200% 5/5/17 7,914 7,914
1 New York Metropolitan Transportation Authority Revenue 1.488% 11/1/17 2,950 2,958
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/17 7,000 7,159
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/17 12,500 12,784
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/17 5,000 5,114
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/18 2,500 2,652
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/18 4,055 4,301
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/18 4,775 5,065
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/18 1,000 1,061
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/18 1,500 1,591
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/18 2,000 2,122
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/18 2,650 2,811
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/18 1,500 1,591
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/18 1,255 1,331
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/19 9,535 10,464
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/19 8,930 9,800
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/19 2,530 2,777
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/19 4,725 5,185
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/19 1,000 1,097
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/19 1,100 1,207
New York Metropolitan Transportation Authority Revenue 5.500% 11/15/19 (14) 5,000 5,550
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/20 5,000 5,638
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/20 2,400 2,706
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/20 1,560 1,759
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/21 5,000 5,760
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/21 1,750 2,016
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/21 1,500 1,728
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/21 1,230 1,417
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/22 2,250 2,639
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/22 1,000 1,173
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/22 16,145 18,934
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/23 1,000 1,190
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/24 2,775 3,246
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 2.000% 6/1/17 5,000 5,005

 

88

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 2.000% 6/1/17 19,065 19,084
1 New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 1.850% 11/1/19 9,300 9,373
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/20 4,600 5,198
1 New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT 1.280% 6/1/17 19,850 19,850
1 New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT 1.270% 11/1/18 2,000 2,000
1 New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT 1.350% 11/1/19 2,750 2,751
1 New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT 1.480% 11/1/19 21,000 21,071
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.000% 11/15/17 2,500 2,557
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.000% 11/15/18 4,000 4,243
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.000% 11/15/19 3,500 3,841
1 New York Metropolitan Transportation Authority Revenue PUT 1.008% 11/1/17 7,280 7,278
1 New York Metropolitan Transportation Authority Revenue PUT 1.498% 11/1/17 8,760 8,781
1 New York Metropolitan Transportation Authority Revenue PUT 1.260% 11/15/17 49,600 49,572
1 New York Metropolitan Transportation Authority Revenue PUT 1.278% 5/15/18 (4) 20,750 20,754
1 New York Metropolitan Transportation Authority Revenue PUT 0.959% 11/1/19 5,215 5,199
1 New York Metropolitan Transportation Authority Revenue PUT 1.359% 2/1/20 9,500 9,517
New York Metropolitan Transportation Authority Revenue PUT 5.000% 2/15/20 59,000 64,537
1 New York Metropolitan Transportation Authority Revenue PUT 1.248% 4/6/20 (4) 6,500 6,496
1 New York Metropolitan Transportation Authority Revenue PUT 1.480% 6/1/20 87,500 87,410
New York Metropolitan Transportation Authority Revenue PUT 4.000% 11/15/20 11,000 11,909
2 New York Metropolitan Transportation Authority Revenue TOB VRDO 1.050% 5/5/17 4,950 4,950
New York State Dormitory Authority Revenue (Brooklyn Law School) 4.000% 7/1/17 (ETM) 2,360 2,373
New York State Dormitory Authority Revenue (Brooklyn Law School) 5.000% 7/1/18 (ETM) 2,105 2,205
New York State Dormitory Authority Revenue (Brooklyn Law School) 5.000% 7/1/19 (ETM) 2,180 2,364
New York State Dormitory Authority Revenue (Columbia University) 5.000% 10/1/19 4,275 4,683
New York State Dormitory Authority Revenue (Columbia University) 5.000% 10/1/20 1,125 1,270
New York State Dormitory Authority Revenue (Columbia University) 5.000% 10/1/21 1,540 1,784
New York State Dormitory Authority Revenue (Columbia University) 5.000% 10/1/22 1,500 1,776
New York State Dormitory Authority Revenue (Department of Health) 5.000% 7/1/22 8,500 9,895
New York State Dormitory Authority Revenue (Department of Health) 5.000% 7/1/23 6,555 7,769
New York State Dormitory Authority Revenue (Fordham University) VRDO 0.870% 5/5/17 LOC 6,395 6,395
New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) 4.000% 7/1/20 5,000 5,378
New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) 5.000% 7/1/21 2,265 2,564
New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) 5.000% 7/1/22 4,000 4,611
New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) 5.000% 8/15/17 6,185 6,261
New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) 5.000% 8/15/17 (ETM) 55 56
New York State Dormitory Authority Revenue        
(Mount Sinai School of Medicine of New York University) 5.000% 7/1/17 1,750 1,762
New York State Dormitory Authority Revenue        
(Mount Sinai School of Medicine of New York University) 5.000% 7/1/18 2,500 2,614
New York State Dormitory Authority Revenue (New York University Hospitals Center) 5.000% 7/1/21 2,400 2,717
New York State Dormitory Authority Revenue (North Shore - Long Island Jewish Obligated Group) 5.000% 5/1/18 1,115 1,159
New York State Dormitory Authority Revenue (North Shore - Long Island Jewish Obligated Group) 5.000% 5/1/21 2,555 2,903
New York State Dormitory Authority Revenue (North Shore - Long Island Jewish Obligated Group) 5.000% 5/1/22 2,425 2,806
New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) 4.000% 12/1/20 1,000 1,058
New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) 4.000% 12/1/21 1,200 1,276
New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) 5.000% 12/1/22 1,000 1,120
New York State Dormitory Authority Revenue (Pace University) 5.000% 5/1/17 (ETM) 25 25
New York State Dormitory Authority Revenue (Pace University) 5.000% 5/1/17 975 975
New York State Dormitory Authority Revenue (Pace University) 4.000% 5/1/20 (ETM) 45 48
New York State Dormitory Authority Revenue (Pace University) 4.000% 5/1/20 1,695 1,782
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/18 (ETM) 4,050 4,182
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/18 7,465 7,711
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/18 27,490 28,397
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/18 18,010 18,665
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 8/15/18 2,400 2,527
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 12/15/18 22,675 24,147
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/19 (ETM) 5 5
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/19 (ETM) 10 11
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/19 4,135 4,427
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/19 10,000 10,706
New York State Dormitory Authority Revenue (Personal Income Tax) 5.250% 2/15/19 (Prere.) 15 16
New York State Dormitory Authority Revenue (Personal Income Tax) 5.250% 2/15/19 (Prere.) 5 5
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 8/15/19 11,665 12,700
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/20 4,000 4,425
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 8/15/20 9,550 10,721
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/21 12,620 14,403
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/21 33,395 38,113
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 6/15/21 7,710 8,852
New York State Dormitory Authority Revenue (Personal Income Tax) 5.250% 2/15/22 4,980 5,356
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/23 41,000 48,598

 

89

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York State Dormitory Authority Revenue (Rockefeller University) VRDO 0.890% 5/5/17 14,100 14,100
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/17 7,030 7,153
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/17 (4) 3,250 3,307
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/17 2,000 2,035
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/18 (4) 5,000 5,284
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/18 (4) 1,350 1,427
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/18 (4) 2,500 2,643
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/18 1,500 1,585
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/18 2,155 2,276
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/19 (4) 6,010 6,563
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/19 5,905 6,437
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/19 (15) 1,000 1,092
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/19 (4) 3,200 3,495
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/20 (15) 1,690 1,899
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/20 (4) 1,125 1,264
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/21 (15) 1,425 1,640
New York State Dormitory Authority Revenue (Service Contract) 5.000% 7/1/17 10,510 10,586
New York State Dormitory Authority Revenue (State University Educational Facilities) 5.000% 5/15/18 5,000 5,213
New York State Dormitory Authority Revenue (State University Educational Facilities) 5.000% 5/15/19 3,500 3,778
New York State Dormitory Authority Revenue (Teachers College) 4.000% 7/1/20 220 239
New York State Dormitory Authority Revenue (Teachers College) 5.000% 7/1/21 220 251
New York State Dormitory Authority Revenue (Teachers College) 4.000% 7/1/22 325 363
New York State Dormitory Authority Revenue (Teachers College) 5.000% 7/1/23 175 208
New York State Dormitory Authority Revenue (The New School) 5.000% 7/1/21 1,000 1,137
New York State Dormitory Authority Revenue (The New School) 5.000% 7/1/22 500 580
New York State Dormitory Authority Revenue (The New School) 5.000% 7/1/23 1,125 1,327
New York State Dormitory Authority Revenue (University of Rochester) VRDO 0.900% 5/5/17 LOC 5,310 5,310
New York State Dormitory Authority Revenue (Yeshiva University) 5.000% 9/1/17 (ETM) 385 390
New York State Dormitory Authority Revenue (Yeshiva University) 5.000% 9/1/17 (ETM) 65 66
New York State Dormitory Authority Revenue (Yeshiva University) 5.000% 9/1/17 1,730 1,744
New York State Dormitory Authority Revenue (Yeshiva University) 5.000% 9/1/19 (Prere.) 230 251
New York State Dormitory Authority Revenue (Yeshiva University) 5.000% 9/1/19 (Prere.) 35 38
New York State Dormitory Authority Revenue (Yeshiva University) 5.000% 9/1/21 1,025 1,061
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/21 60,000 68,525
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/22 2,500 2,922
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/18 4,900 5,127
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/18 10,000 10,464
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/19 3,700 4,012
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/20 3,000 3,356
New York State GO 5.000% 3/1/19 12,715 13,672
New York State Housing Finance Agency Affordable Housing Revenue 1.150% 5/1/18 4,150 4,154
New York State Housing Finance Agency Affordable Housing Revenue 1.150% 5/1/18 3,900 3,903
New York State Housing Finance Agency Affordable Housing Revenue 1.150% 5/1/18 1,250 1,251
New York State Housing Finance Agency Affordable Housing Revenue 1.250% 5/1/18 2,500 2,503
New York State Housing Finance Agency Affordable Housing Revenue 1.250% 5/1/18 4,750 4,756
New York State Housing Finance Agency Housing Revenue (606 W 57th Street) VRDO 0.890% 5/5/17 LOC 3,320 3,320
New York State Housing Finance Agency Housing Revenue (625 W 57th St) VRDO 0.980% 5/5/17 LOC 4,800 4,800
New York State Housing Finance Agency Revenue 1.050% 5/1/19 850 848
New York State Housing Finance Agency Revenue 1.100% 11/1/19 1,000 994
New York State Housing Finance Agency Revenue 1.250% 5/1/20 7,500 7,477
New York State Local Government Assistance Corp. Revenue 5.000% 4/1/18 6,325 6,566
New York State Local Government Assistance Corp. Revenue VRDO 0.920% 5/5/17 10,645 10,645
New York State Mortgage Agency Homeowner Mortgage Revenue 2.625% 4/1/41 495 503
New York State Thruway Authority Revenue 5.000% 1/1/19 3,700 3,938
New York State Thruway Authority Revenue 5.000% 5/1/19 83,125 89,455
New York State Thruway Authority Revenue 5.000% 1/1/20 1,500 1,647
New York State Thruway Authority Revenue 5.000% 1/1/21 2,450 2,758
New York State Thruway Authority Revenue 5.000% 1/1/22 1,500 1,723
New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) 5.000% 4/1/18 3,500 3,633
New York State Thruway Authority Revenue (Personal Income Tax) 5.000% 3/15/18 8,440 8,747
New York State Thruway Authority Revenue (Personal Income Tax) 5.000% 3/15/18 625 648
New York State Thruway Authority Revenue (Personal Income Tax) 5.000% 3/15/19 500 537
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/18 20,000 20,727
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/19 8,030 8,622
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/20 10,145 11,252
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/20 8,525 9,455
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/20 23,430 25,986

 

90

 

Limited-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/21 24,900 28,418
  New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/21 10,625 12,126
  New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/21 50,035 57,103
  New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/22 45,795 53,366
  New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/22 25,000 29,133
  New York State Urban Development Corp. Revenue (Service Contract) VRDO 0.920% 5/5/17 LOC 9,190 9,190
  Niagara NY Frontier Transportation Authority Airport Revenue        
  (Buffalo Niagara International Airport) 4.000% 4/1/18 500 513
  Niagara NY Frontier Transportation Authority Airport Revenue        
  (Buffalo Niagara International Airport) 5.000% 4/1/19 500 535
  North Syracuse NY Central School District BAN 2.000% 8/11/17 4,448 4,457
1,2 Nuveen New York AMT-Free Municipal Income Fund iMTP 1.520% 10/1/17 17,500 17,501
2 Nuveen New York AMT-Free Quality Municipal Income Fund VRDP VRDO 1.130% 5/5/17 LOC 24,000 24,000
  Onondaga County NY Civic Development Corp. Revenue (St. Joseph’s Hospital & Health Center) 5.000% 7/1/19 (ETM) 500 530
  Oyster Bay NY GO 3.250% 8/1/17 4,155 4,161
  Oyster Bay NY GO 4.000% 8/15/17 (15) 2,500 2,517
  Oyster Bay NY GO 4.000% 1/15/18 (15) 3,000 3,048
  Oyster Bay NY GO 3.250% 8/1/18 8,560 8,597
  Oyster Bay NY GO 4.000% 8/15/18 (15) 2,000 2,056
  Oyster Bay NY GO 5.000% 1/15/19 (15) 5,140 5,452
  Oyster Bay NY GO 5.000% 8/15/19 (15) 3,125 3,372
  Oyster Bay NY GO 5.000% 1/15/20 (15) 3,105 3,383
  Oyster Bay NY GO 5.000% 8/15/20 (15) 4,350 4,803
  Suffolk County NY Economic Development Corp. Revenue (Catholic Health Services) 5.000% 7/1/17 2,150 2,165
  Suffolk County NY Economic Development Corp. Revenue (Catholic Health Services) 5.000% 7/1/18 4,000 4,176
  Suffolk County NY Economic Development Corp. Revenue (Catholic Health Services) 5.000% 7/1/19 9,190 9,898
  Suffolk County NY Economic Development Corp. Revenue (Catholic Health Services) 5.000% 7/1/20 835 924
  Suffolk County NY GO 5.000% 2/1/18 (4) 7,805 8,041
  Suffolk County NY GO 5.000% 2/1/19 (4) 3,915 4,169
  Suffolk County NY GO 5.000% 2/1/21 (4) 4,580 5,132
  Suffolk County NY GO 5.000% 5/15/22 (4) 10,310 11,820
  Suffolk County NY GO 5.000% 5/15/23 (4) 10,845 12,577
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/17 6,500 6,525
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/17 1,225 1,230
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/21 540 542
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/21 3,435 3,850
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/21 1,000 1,081
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/21 10,100 10,137
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/22 1,500 1,702
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/22 5,000 5,018
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/23 10,000 11,449
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/23 5,000 5,508
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/24 5,000 5,715
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/24 4,000 4,417
  Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/17 3,815 3,903
1 Triborough Bridge & Tunnel Authority New York Revenue 1.250% 1/1/18 (4) 5,000 4,997
  Triborough Bridge & Tunnel Authority New York Revenue 5.000% 1/1/18 13,435 13,814
  Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/18 7,000 7,439
1 Triborough Bridge & Tunnel Authority New York Revenue 1.340% 1/1/19 (4) 1,700 1,699
  Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/20 500 567
  Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/21 1,000 1,163
  Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/22 850 1,007
1 Triborough Bridge & Tunnel Authority New York Revenue PUT 1.059% 2/1/19 11,350 11,247
  Triborough Bridge & Tunnel Authority New York Revenue VRDO 0.910% 5/5/17 LOC 9,755 9,755
  Troy NY Capital Resource Corp. Revenue (Rensselaer Polytechnic Institute Project) 5.000% 8/1/21 645 730
  Troy NY Capital Resource Corp. Revenue (Rensselaer Polytechnic Institute Project) 5.000% 8/1/22 1,000 1,151
  Westchester County NY Health Care Corp. Revenue 5.000% 11/1/17 8,600 8,758
  Westchester County NY Health Care Corp. Revenue 5.000% 11/1/21 4,700 5,366
  Westchester NY Tobacco Asset Securitization Revenue 5.000% 6/1/23 1,610 1,836
  Windsor Central School District BAN 1.500% 8/18/17 7,255 7,259
  Yonkers NY GO 4.000% 10/1/17 505 511
  Yonkers NY GO 3.000% 7/1/18 500 510
  Yonkers NY GO 3.000% 8/15/18 1,000 1,022
  Yonkers NY GO 4.000% 3/15/19 (4) 1,700 1,785
  Yonkers NY GO 3.000% 8/15/19 885 914
  Yonkers NY GO 3.000% 8/15/20 1,115 1,151
          3,220,365
North Carolina (1.2%)        
  Buncombe County NC Limited Obligation Revenue 5.000% 6/1/21 6,070 6,936
  Buncombe County NC Limited Obligation Revenue 5.000% 6/1/22 4,070 4,748
  Charlotte NC Water & Sewer System Revenue 5.000% 12/1/17 3,000 3,074

 

91

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Charlotte NC Water & Sewer System Revenue 5.000% 12/1/18 2,625 2,793
Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue        
(Carolinas HealthCare System) 5.000% 1/15/22 4,250 4,915
Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue        
(Carolinas HealthCare System) 5.000% 1/15/24 14,315 16,985
Guilford County NC GO 5.000% 8/1/17 5,000 5,054
Guilford County NC GO 5.000% 3/1/18 3,340 3,456
Mecklenburg County NC COP 5.000% 10/1/21 4,000 4,616
New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) 5.000% 10/1/19 1,000 1,087
New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) 5.000% 10/1/21 3,200 3,640
North Carolina Capital Facilities Finance Agency Solid Waste Disposal Revenue        
(Republic Services, Inc. Project) PUT 1.050% 6/1/17 23,750 23,750
North Carolina Capital Improvement Revenue 5.000% 5/1/17 9,600 9,603
North Carolina Capital Improvement Revenue 5.000% 5/1/18 17,975 18,714
North Carolina Eastern Municipal Power Agency Power Systems Revenue 5.000% 1/1/18 (ETM) 1,250 1,285
North Carolina Eastern Municipal Power Agency Power Systems Revenue 5.000% 1/1/19 (ETM) 3,515 3,747
North Carolina Eastern Municipal Power Agency Power Systems Revenue 5.000% 1/1/19 (ETM) 1,025 1,093
North Carolina Eastern Municipal Power Agency Power Systems Revenue 5.000% 1/1/20 (ETM) 13,050 14,348
North Carolina Eastern Municipal Power Agency Power Systems Revenue 5.000% 1/1/20 (ETM) 2,500 2,749
North Carolina GAN 5.000% 3/1/22 2,250 2,598
North Carolina GAN PUT 4.000% 3/1/18 21,000 21,206
North Carolina GO 5.000% 3/1/18 16,770 17,336
North Carolina GO 5.000% 6/1/19 2,000 2,166
North Carolina Medical Care Commission Health Care Facilities Revenue        
(Cape Fear Valley Health System) 5.000% 10/1/19 3,350 3,630
North Carolina Medical Care Commission Health Care Facilities Revenue        
(Cape Fear Valley Health System) 5.000% 10/1/20 7,885 8,767
1 North Carolina Medical Care Commission Health Care Facilities Revenue        
(Wake Forest Baptist Obligated Group) PUT 1.640% 12/1/17 2,125 2,122
North Carolina Medical Care Commission Health Care Facilities Revenue (WakeMed) 5.000% 10/1/17 2,000 2,034
North Carolina Medical Care Commission Health Care Facilities Revenue (WakeMed) 5.000% 10/1/18 3,000 3,161
2 North Carolina Medical Care Commission Hospital Revenue (Baptist Hospital) TOB VRDO 1.220% 5/5/17 6,300 6,300
North Carolina Medical Care Commission Hospital Revenue (Moses Cone Health System) PUT 1.250% 11/24/17 12,740 12,740
North Carolina Medical Care Commission Hospital Revenue (North Carolina Baptist Hospital) 5.000% 6/1/17 6,500 6,524
North Carolina Medical Care Commission Hospital Revenue (North Carolina Baptist Hospital) 5.000% 6/1/19 3,910 4,207
North Carolina Medical Care Commission Hospital Revenue        
(Southeastern Regional Medical Center) 4.000% 6/1/19 1,450 1,528
North Carolina Medical Care Commission Hospital Revenue        
(Southeastern Regional Medical Center) 4.000% 6/1/20 500 536
North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) 5.000% 10/1/21 375 402
North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) 5.000% 10/1/22 1,105 1,190
North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) 5.000% 10/1/23 800 867
North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) 5.000% 10/1/24 920 995
North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) 5.000% 1/1/18 (ETM) 5,185 5,332
North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) 5.000% 1/1/18 14,815 15,215
North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) 5.000% 1/1/19 (ETM) 4,475 4,772
North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) 5.000% 1/1/19 12,025 12,795
North Carolina Turnpike Authority Revenue 5.000% 1/1/22 500 568
North Carolina Turnpike Authority Revenue 5.000% 1/1/23 1,150 1,325
North Carolina Turnpike Authority Revenue 5.000% 1/1/24 (4) 1,250 1,464
Raleigh NC Combined Enterprise System Revenue 5.000% 3/1/22 600 699
Raleigh NC Combined Enterprise System Revenue 5.000% 3/1/22 670 781
Raleigh NC Combined Enterprise System Revenue 5.000% 3/1/23 1,110 1,320
Raleigh NC Combined Enterprise System Revenue 5.000% 3/1/23 1,000 1,189
Raleigh NC GO 5.000% 4/1/20 4,700 5,224
Wake County NC GO 5.000% 2/1/20 4,500 4,977
Wake County NC GO 5.000% 2/1/22 3,100 3,612
Wake County NC Public Improvement GO 5.000% 4/1/18 3,495 3,628
        293,803
North Dakota (0.0%)        
Burleigh County ND Health Care Revenue (St. Alexis Medical Center Project) 5.000% 7/1/21 (ETM) 650 743
Burleigh County ND Health Care Revenue (St. Alexis Medical Center Project) 5.000% 7/1/21 (Prere.) 1,200 1,372
North Dakota Housing Finance Agency Revenue 4.000% 1/1/38 5,345 5,652
        7,767
Ohio (4.5%)        
Akron OH Bath & Copley Joint Township Hospital District Revenue        
(Children’s Hospital Medical Center of Akron) 5.000% 11/15/18 1,000 1,057
Akron OH Bath & Copley Joint Township Hospital District Revenue        
(Children’s Hospital Medical Center of Akron) 5.000% 11/15/25 3,450 3,901
Akron OH Bath & Copley Joint Township Hospital District Revenue        
(Summa Health System Obligated Group) 5.000% 11/15/23 1,605 1,824

 

92

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Akron OH Income Tax Revenue (Community Learning Centers) 5.000% 12/1/20 1,220 1,375
Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) 5.000% 5/1/23 2,450 2,808
2 Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) TOB VRDO 1.030% 5/5/17 7,500 7,500
American Municipal Power Ohio Inc. Revenue 5.250% 2/15/18 (Prere.) 2,570 2,659
American Municipal Power Ohio Inc. Revenue 5.000% 2/15/20 7,000 7,699
American Municipal Power Ohio Inc. Revenue 5.000% 2/15/21 16,265 18,354
American Municipal Power Ohio Inc. Revenue 5.000% 2/15/22 12,000 13,812
American Municipal Power Ohio Inc. Revenue 5.000% 2/15/23 21,220 23,224
American Municipal Power Ohio Inc. Revenue 5.250% 2/15/23 160 165
American Municipal Power Ohio Inc. Revenue 5.000% 2/15/24 12,385 13,540
American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) 5.000% 2/15/18 1,480 1,527
American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) 5.000% 2/15/19 1,500 1,602
American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) 5.000% 2/15/20 2,145 2,359
American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) 5.000% 2/15/21 300 339
American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) 5.000% 2/15/22 400 460
American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) 5.000% 2/15/23 500 586
American Municipal Power Ohio Inc. Revenue (Meldahl Hydroelectric Project) 5.000% 2/15/22 470 539
American Municipal Power Ohio Inc. Revenue (Meldahl Hydroelectric Project) 5.000% 2/15/23 375 437
American Municipal Power Ohio Inc. Revenue (Meldahl Hydroelectric Project) 5.000% 2/15/24 370 437
American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) 5.000% 2/15/26 3,000 3,496
American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) PUT 5.000% 8/15/19 17,625 18,799
American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) PUT 5.000% 8/15/20 16,310 17,823
Butler County OH Hospital Facilities Revenue (UC Health) 5.500% 11/1/22 3,415 3,847
Butler County OH Transportation Improvement District Tax Allocation Revenue 4.000% 12/1/20 700 764
Cleveland OH Airport System Revenue 5.000% 1/1/20 1,500 1,627
Cleveland OH Airport System Revenue 5.000% 1/1/21 (4) 455 508
Cleveland OH Airport System Revenue 5.000% 1/1/22 (4) 1,635 1,858
Cleveland OH Airport System Revenue 5.000% 1/1/22 (4) 450 511
Cleveland OH Airport System Revenue 5.000% 1/1/23 (4) 1,000 1,150
Cleveland OH Airport System Revenue 5.000% 1/1/24 (4) 3,150 3,667
Cleveland OH GO 5.000% 12/1/20 1,800 2,028
Cleveland OH GO 5.000% 12/1/21 2,880 3,307
Cleveland OH GO 5.000% 12/1/22 3,595 4,219
Cleveland OH Income Tax Revenue 5.000% 5/15/17 (ETM) 465 466
Cleveland OH Income Tax Revenue 5.000% 5/15/17 725 726
Cleveland OH Income Tax Revenue 5.000% 4/1/18 (Prere.) 7,180 7,451
Cleveland OH Income Tax Revenue 5.000% 5/15/22 1,500 1,721
Cleveland OH Water Revenue 5.000% 1/1/18 1,780 1,829
Cleveland OH Water Revenue 5.000% 1/1/19 3,100 3,306
Cleveland OH Water Revenue 5.000% 1/1/20 1,500 1,652
Cleveland OH Water Revenue 5.000% 1/1/21 1,000 1,134
Cleveland OH Water Works Revenue 5.000% 1/1/18 1,000 1,027
Cleveland State University Ohio General Receipts Revenue 5.000% 6/1/19 2,000 2,156
Cleveland-Cuyahoga County OH Port Authority Revenue (Cleveland Museum of Art Project) 5.000% 10/1/19 6,000 6,527
Cleveland-Cuyahoga County OH Port Authority Revenue        
(Euclid Avenue Development Corp. Project) 5.000% 8/1/18 960 1,001
Cleveland-Cuyahoga County OH Port Authority Revenue        
(Euclid Avenue Development Corp. Project) 5.000% 8/1/19 1,390 1,491
Cleveland-Cuyahoga County OH Port Authority Revenue        
(Euclid Avenue Development Corp. Project) 5.000% 8/1/22 1,475 1,675
Columbus OH GO 5.000% 6/1/17 7,510 7,539
Columbus OH GO 5.000% 7/1/17 7,245 7,298
Columbus OH GO 5.000% 7/1/17 5,740 5,782
Columbus OH GO 5.000% 6/1/18 8,000 8,356
Columbus OH GO 5.000% 7/1/18 7,280 7,628
Columbus OH GO 5.000% 7/1/18 4,500 4,715
Columbus OH GO 5.000% 2/15/19 1,910 2,047
Columbus OH GO 5.000% 6/1/19 3,000 3,248
Columbus OH GO 5.000% 7/1/19 6,690 7,263
Columbus OH GO 5.000% 2/15/20 1,905 2,108
Columbus OH GO 5.000% 7/1/22 1,000 1,174
Columbus OH GO 5.000% 7/1/23 1,815 2,168
Cuyahoga County OH (Convention Hotel Project) COP 5.000% 12/1/19 5,340 5,837
Cuyahoga County OH (Convention Hotel Project) COP 5.000% 12/1/20 5,575 6,253
Cuyahoga County OH (Convention Hotel Project) COP 5.000% 12/1/21 4,075 4,666
Cuyahoga County OH Economic Development Revenue (Med Mart/Convention Center Project) 5.000% 12/1/19 7,000 7,651
Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) 5.000% 12/1/21 1,045 1,192
Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) 5.000% 12/1/22 1,000 1,158
Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) 5.000% 12/1/24 500 588
Cuyahoga County OH Sales Tax Revenue 5.000% 12/1/20 2,045 2,320
Cuyahoga County OH Sales Tax Revenue 5.000% 12/1/21 1,000 1,159

 

93

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Dayton OH City School District GO 5.000% 11/1/19 3,500 3,829
Dayton OH City School District GO 5.000% 11/1/20 5,000 5,613
Fairfield County OH Hospital Facilities Revenue (Fairfield Medical Center) 5.000% 6/15/21 1,045 1,145
Franklin County OH GO 5.000% 12/1/19 5,045 5,368
Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) PUT 5.000% 7/12/17 7,500 7,560
2 Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) TOB VRDO 0.940% 5/5/17 6,830 6,830
Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) VRDO 0.890% 5/5/17 79,250 79,250
Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) VRDO 0.890% 5/5/17 12,420 12,420
Greater Cleveland OH Regional Transit Authority Sales Tax Revenue 5.000% 12/1/19 1,185 1,303
Greater Cleveland OH Regional Transit Authority Sales Tax Revenue 5.000% 12/1/21 1,355 1,569
Greater Cleveland OH Regional Transit Authority Sales Tax Revenue 5.000% 12/1/22 1,590 1,878
Hamilton County OH Healthcare Facilities Revenue (Christ Hospital Project) 5.000% 6/1/20 1,475 1,628
Hamilton County OH Healthcare Facilities Revenue (Christ Hospital Project) 5.000% 6/1/22 4,665 5,369
Hamilton County OH Healthcare Revenue (Life Enriching Communities) 4.000% 1/1/21 450 476
Hamilton County OH Healthcare Revenue (Life Enriching Communities) 5.000% 1/1/22 470 519
Hamilton County OH Healthcare Revenue (Life Enriching Communities) 5.000% 1/1/23 500 557
Hamilton County OH Healthcare Revenue (Life Enriching Communities) 5.000% 1/1/24 680 759
Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) 4.000% 5/15/17 785 786
Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) 5.000% 5/15/18 750 781
Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) 5.000% 5/15/19 1,000 1,077
Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) 5.000% 5/15/20 1,000 1,110
Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) 5.000% 5/15/21 1,000 1,140
Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) 5.000% 5/15/22 500 581
Hamilton County OH Hospital Facilities Revenue (UC Health) 4.000% 2/1/18 525 536
Hamilton County OH Hospital Facilities Revenue (UC Health) 5.000% 2/1/19 750 796
Hamilton County OH Hospital Facilities Revenue (UC Health) 5.000% 2/1/20 800 873
Hamilton County OH Hospital Facilities Revenue (UC Health) 5.000% 2/1/22 500 567
Hamilton County OH Sales Tax Revenue 5.000% 12/1/21 1,000 1,153
Hamilton County OH Sales Tax Revenue 5.000% 12/1/22 2,250 2,640
Hamilton County OH Sewer System Revenue 5.000% 12/1/20 3,605 4,076
Hamilton County OH Sewer System Revenue 5.000% 12/1/21 2,085 2,414
2 Hamilton County OH Sewer System Revenue TOB VRDO 0.930% 5/5/17 1,500 1,500
Hamilton OH City School District GO 5.000% 12/1/21 3,475 3,994
JobsOhio Beverage System Statewide Liquor Profits Revenue 5.000% 1/1/18 1,040 1,068
JobsOhio Beverage System Statewide Liquor Profits Revenue 5.000% 1/1/20 14,225 15,604
JobsOhio Beverage System Statewide Liquor Profits Revenue 5.000% 1/1/21 2,260 2,543
JobsOhio Beverage System Statewide Liquor Profits Revenue 5.000% 1/1/23 1,725 2,008
2 JobsOhio Beverage System Statewide Liquor Profits Revenue TOB VRDO 1.020% 5/5/17 41,700 41,700
Kent State University Ohio Revenue 5.000% 5/1/17 500 500
Kent State University Ohio Revenue 5.000% 5/1/20 1,650 1,830
Kent State University Ohio Revenue 5.000% 5/1/20 2,030 2,251
Kent State University Ohio Revenue 5.000% 5/1/21 1,685 1,918
Kent State University Ohio Revenue 4.000% 5/1/22 3,000 3,324
Kent State University Ohio Revenue 4.000% 5/1/23 3,000 3,361
Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) 5.000% 8/15/20 1,230 1,362
Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) 5.000% 8/15/21 750 846
Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) 5.000% 8/15/22 1,575 1,806
2 Lorain County OH Hospital Facilities Revenue (Catholic Healthcare Partners) TOB VRDO 1.140% 5/5/17 10,500 10,500
2 Lorain County OH Hospital Facilities Revenue (Catholic Healthcare Partners) TOB VRDO 1.150% 5/5/17 (4) 8,865 8,865
2 Lorain County OH Hospital Facilities Revenue (Catholic Healthcare Partners) TOB VRDO 1.150% 5/5/17 20,425 20,425
Medina OH School District COP 5.250% 6/1/18 (Prere.) 7,210 7,551
2 Montgomery County OH Revenue (Catholic Health Initiatives) TOB VRDO 1.080% 5/5/17 (Prere.) 3,995 3,995
Montgomery County OH Revenue (Miami Valley Hospital) 5.750% 11/15/21 3,750 4,260
2 Montgomery County OH Revenue (Miami Valley Hospital) TOB VRDO 1.050% 5/5/17 3,500 3,500
Newark OH BAN 2.000% 11/7/17 2,050 2,057
Ohio Air Quality Development Authority Pollution Control Revenue        
(FirstEnergy Generation Corp. Project) PUT 3.100% 3/1/19 3,000 1,320
Ohio Building Authority Revenue (Administration Building Fund) 5.000% 10/1/18 1,750 1,848
Ohio Building Authority Revenue (Highway Safety Building) 5.000% 10/1/17 1,040 1,058
Ohio Building Authority Revenue (Highway Safety Building) 5.000% 10/1/17 2,670 2,717
Ohio Building Authority Revenue (Highway Safety Building) 5.000% 10/1/20 1,265 1,423
Ohio Capital Facilities Lease-Appropriation Revenue (Administrative Building Fund Projects) 5.000% 4/1/19 1,395 1,498
Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) 4.000% 10/1/20 500 546
Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) 5.000% 10/1/21 1,000 1,152
Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) 5.000% 10/1/21 465 536
Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) 5.000% 10/1/21 1,000 1,152
Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) 5.000% 10/1/22 550 646
Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) 5.000% 10/1/22 875 1,028
Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) 5.000% 10/1/22 1,000 1,175
Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) 5.000% 10/1/23 750 877

 

94

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Ohio Capital Facilities Lease-Appropriation Revenue        
(Cultural & Sports Facilities Building Fund Projects) 5.000% 10/1/21 1,360 1,567
Ohio Capital Facilities Lease-Appropriation Revenue        
(Cultural & Sports Facilities Building Fund Projects) 5.000% 10/1/22 1,000 1,175
Ohio Capital Facilities Lease-Appropriation Revenue        
(Cultural & Sports Facilities Building Fund Projects) 5.000% 10/1/23 1,200 1,432
Ohio Capital Facilities Lease-Appropriation Revenue        
(Mental Health Facilities Improvement Fund Projects) 5.000% 6/1/21 1,000 1,144
Ohio Capital Facilities Lease-Appropriation Revenue        
(Mental Health Facilities Improvement Fund Projects) 5.000% 6/1/22 1,000 1,168
Ohio Capital Facilities Lease-Appropriation Revenue        
(Mental Health Facilities Improvement Fund Projects) 5.000% 6/1/23 1,000 1,187
Ohio Capital Facilities Lease-Appropriation Revenue        
(Parks & Recreation Improvement Fund Projects) 5.000% 8/1/23 1,000 1,190
Ohio Common Schools GO 5.000% 9/15/19 3,910 4,271
Ohio Common Schools GO 5.000% 9/15/21 (Prere.) 4,410 5,091
Ohio Common Schools GO 5.000% 9/15/21 5,920 6,834
Ohio Common Schools GO 5.000% 9/15/23 11,315 13,555
Ohio GO 5.000% 9/15/17 19,680 19,993
Ohio GO 5.000% 5/1/18 10,960 11,410
Ohio GO 5.000% 9/15/18 10,000 10,555
Ohio GO 5.000% 9/15/18 5,000 5,278
Ohio GO 5.000% 5/1/19 6,680 7,208
Ohio GO 5.000% 5/1/19 5,000 5,402
Ohio GO 5.000% 9/15/19 5,000 5,462
Ohio GO 5.000% 5/1/20 7,000 7,804
Ohio GO 5.000% 9/15/20 26,315 29,615
Ohio GO 5.000% 5/1/21 2,645 3,026
Ohio Higher Education GO 5.000% 5/1/22 5,800 6,779
Ohio Higher Educational Facility Commission Revenue (Case Western Reserve University Project) 5.000% 12/1/22 4,540 5,295
Ohio Higher Educational Facility Commission Revenue (Case Western Reserve University Project) 5.000% 12/1/23 2,500 2,951
Ohio Higher Educational Facility Commission Revenue        
(Cleveland Clinic Health System Obligated Group) VRDO 0.870% 5/1/17 9,150 9,150
3 Ohio Higher Educational Facility Commission Revenue (Denison University Project) 5.000% 11/1/22 1,220 1,401
3 Ohio Higher Educational Facility Commission Revenue (Denison University Project) 5.000% 11/1/23 1,385 1,610
3 Ohio Higher Educational Facility Commission Revenue (Denison University Project) 5.000% 11/1/24 1,255 1,473
Ohio Higher Educational Facility Commission Revenue (Xavier University Project) 5.000% 5/1/19 625 666
Ohio Higher Educational Facility Commission Revenue (Xavier University Project) 5.000% 5/1/20 1,350 1,474
Ohio Higher Educational Facility Commission Revenue (Xavier University Project) 5.000% 5/1/22 500 563
Ohio Highway Capital Improvements GO 5.000% 5/1/20 5,000 5,574
Ohio Highway Capital Improvements GO 5.000% 5/1/21 2,500 2,864
Ohio Highway Capital Improvements GO 5.000% 5/1/22 5,000 5,863
Ohio Hospital Revenue (University Hospitals Health System Inc.) 5.000% 1/15/19 1,595 1,693
Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO 1.120% 5/1/17 8,750 8,750
Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO 1.120% 5/1/17 8,375 8,375
Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO 1.120% 5/1/17 2,750 2,750
Ohio Infrastructure Improvement GO 5.000% 8/1/18 3,450 3,625
Ohio Major New State Infrastructure Project Revenue 5.000% 12/15/17 1,500 1,539
Ohio Major New State Infrastructure Project Revenue 5.000% 12/15/17 8,635 8,861
Ohio Major New State Infrastructure Project Revenue 4.000% 12/15/18 2,750 2,884
Ohio Major New State Infrastructure Project Revenue 4.000% 12/15/19 2,450 2,633
Ohio Major New State Infrastructure Project Revenue 5.000% 12/15/19 2,500 2,752
Ohio Major New State Infrastructure Project Revenue 5.000% 12/15/19 6,160 6,781
Ohio Major New State Infrastructure Project Revenue 5.000% 12/15/19 3,000 3,298
Ohio Major New State Infrastructure Project Revenue 5.000% 12/15/20 2,750 3,106
Ohio Major New State Infrastructure Project Revenue 5.000% 12/15/20 3,500 3,953
Ohio Major New State Infrastructure Project Revenue 5.000% 12/15/21 4,000 4,624
Ohio Major New State Infrastructure Project Revenue 5.000% 12/15/21 2,500 2,890
Ohio Major New State Infrastructure Project Revenue 5.000% 12/15/22 5,000 5,893
Ohio Public Facilities Commission GO 5.000% 2/1/21 1,390 1,582
Ohio Public Facilities Commission GO 5.000% 4/1/21 2,280 2,607
Ohio Public Facilities Commission GO 5.000% 2/1/22 1,460 1,702
Ohio Solid Waste Revenue (Republic Services Inc. Project) PUT 1.050% 6/1/17 3,350 3,350
Ohio State University General Receipts Revenue 5.000% 12/1/17 (ETM) 280 287
Ohio State University General Receipts Revenue 5.000% 12/1/17 4,720 4,836
Ohio State University General Receipts Revenue 5.000% 12/1/19 1,440 1,535
Ohio Turnpike Commission Turnpike Revenue 5.500% 2/15/18 (14) 3,625 3,757
Ohio Water Development Authority Drinking Water Assistance Fund Revenue 5.000% 6/1/17 4,500 4,518
Ohio Water Development Authority Drinking Water Assistance Fund Revenue 5.000% 12/1/22 1,520 1,806
2 Ohio Water Development Authority Fresh Water Revenue TOB VRDO 1.000% 5/5/17 11,430 11,430

 

95

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Ohio Water Development Authority Pollution Control Revenue        
(FirstEnergy Generation Corp. Project) 3.000% 5/15/19 24,000 10,560
Ohio Water Development Authority Pollution Control Revenue (Water Quality) 5.000% 12/1/18 1,105 1,176
Ohio Water Development Authority Pollution Control Revenue (Water Quality) 5.000% 12/1/19 1,925 2,120
Ohio Water Development Authority Pollution Control Revenue (Water Quality) 5.000% 6/1/20 6,610 7,388
Ohio Water Development Authority Pollution Control Revenue (Water Quality) 5.000% 6/1/20 10,205 11,405
Ohio Water Development Authority Pollution Control Revenue (Water Quality) 5.000% 12/1/20 4,000 4,533
Ohio Water Development Authority Pollution Control Revenue (Water Quality) 5.000% 12/1/20 7,500 8,500
Ohio Water Development Authority Pollution Control Revenue (Water Quality) 5.000% 6/1/21 12,250 14,045
Ohio Water Development Authority Pollution Control Revenue (Water Quality) 5.000% 12/1/21 4,050 4,697
Ohio Water Development Authority Revenue (TimkenSteel Project) VRDO 0.910% 5/5/17 LOC 4,100 4,100
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 12/1/17 1,000 1,025
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 6/1/19 1,695 1,836
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 12/1/19 5,490 6,051
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 6/1/20 2,225 2,487
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 12/1/20 1,750 1,983
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 6/1/21 1,350 1,548
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 12/1/21 1,300 1,508
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 6/1/22 3,000 3,512
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.500% 6/1/22 1,505 1,799
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 12/1/22 2,850 3,370
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 6/1/23 6,000 7,143
Penta Career Center Ohio COP 5.000% 4/1/19 2,470 2,632
Penta Career Center Ohio COP 5.000% 4/1/20 1,095 1,196
Princeton OH City School District GO 4.000% 12/1/21 1,200 1,331
Princeton OH City School District GO 5.000% 12/1/22 700 825
Princeton OH City School District GO 5.000% 12/1/23 1,350 1,616
Princeton OH City School District GO 5.000% 12/1/25 795 950
Ross County OH Hospital Facilities Revenue (Adena Health System) 5.375% 12/1/19 1,560 1,651
Ross County OH Hospital Facilities Revenue (Adena Health System) 5.750% 12/1/22 4,750 5,063
Sandusky OH BAN 2.000% 10/5/17 1,500 1,505
Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) 5.000% 2/15/19 630 671
Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) 5.000% 2/15/20 1,135 1,245
Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) 5.000% 2/15/21 650 730
Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) 5.000% 2/15/22 1,100 1,259
South-Western City OH School District GO 5.000% 12/1/21 1,000 1,156
South-Western City OH School District GO 5.000% 12/1/23 1,000 1,197
Southeastern Ohio Port Authority Hospital Facilities Revenue        
(Marietta Area Health Care Inc. Obligated Group) 5.000% 12/1/22 735 793
Toledo OH City School District GO 5.000% 12/1/18 3,055 3,245
Toledo OH City School District GO 5.000% 12/1/19 2,220 2,432
University of Cincinnati Ohio General Receipts Revenue 5.000% 6/1/18 1,585 1,655
University of Toledo Ohio General Receipts Revenue 5.000% 6/1/17 1,855 1,862
University of Toledo Ohio General Receipts Revenue 5.000% 6/1/19 2,805 3,025
University of Toledo Ohio General Receipts Revenue 5.000% 6/1/22 2,480 2,867
University of Toledo Ohio General Receipts Revenue 5.000% 6/1/23 3,000 3,521
Warren County OH Health Care Facilities Improvement Revenue (Otterbein Homes Project) 5.000% 7/1/19 1,750 1,885
Warren County OH Health Care Facilities Improvement Revenue (Otterbein Homes Project) 5.000% 7/1/20 2,550 2,817
Warren County OH Health Care Facilities Improvement Revenue (Otterbein Homes Project) 5.000% 7/1/21 2,495 2,819
        1,063,048
Oklahoma (0.2%)        
Cleveland County OK Educational Facilities Authority Lease Revenue        
(Norman Public Schools Project) 5.000% 7/1/17 760 765
Cleveland County OK Educational Facilities Authority Lease Revenue        
(Norman Public Schools Project) 5.000% 7/1/18 1,325 1,383
Cleveland County OK Educational Facilities Authority Lease Revenue        
(Norman Public Schools Project) 5.000% 7/1/19 2,250 2,425
Comanche County OK Hospital Authority Revenue 5.000% 7/1/19 3,145 3,282
Grand River Dam Authority Oklahoma Revenue 5.000% 6/1/21 5,000 5,711
Grand River Dam Authority Oklahoma Revenue 5.000% 6/1/22 1,500 1,748
Grand River Dam Authority Oklahoma Revenue 5.000% 6/1/23 3,385 4,009
Norman OK Regional Hospital Authority Revenue 5.000% 9/1/21 2,135 2,392
Norman OK Regional Hospital Authority Revenue 5.000% 9/1/22 2,375 2,698
Norman OK Regional Hospital Authority Revenue 5.000% 9/1/23 5,040 5,779
Oklahoma Capitol Improvement Authority Facilities Revenue 5.000% 7/1/21 1,000 1,142
Oklahoma City OK Water Utilities Trust Water & Sewer Revenue 5.000% 7/1/18 1,000 1,047
Oklahoma Development Finance Authority Health System Revenue        
(Integris Health Obligated Group) 5.000% 8/15/18 1,000 1,052
Oklahoma Development Finance Authority Health System Revenue        
(Integris Health Obligated Group) 5.000% 8/15/19 2,000 2,176

 

96

 

Limited-Term Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  Oklahoma Development Finance Authority Health System Revenue        
  (Integris Health Obligated Group) 5.000% 8/15/20 1,310 1,465
  Oklahoma Development Finance Authority Health System Revenue        
  (Integris Health Obligated Group) 5.000% 8/15/21 2,000 2,292
  Oklahoma Development Finance Authority Health System Revenue        
  (Integris Health Obligated Group) 5.000% 8/15/22 1,325 1,544
  Tulsa County OK Industrial Authority Educational Facilities Lease Revenue 5.000% 9/1/21 1,440 1,635
  Tulsa County OK Industrial Authority Educational Facilities Lease Revenue 5.000% 9/1/22 2,000 2,308
  Tulsa County OK Industrial Authority Housing Revenue        
  (St. Thomas Square & Worthington Townhouse Apartment Project) PUT 1.250% 8/1/18 5,750 5,750
  Tulsa County OK Industrial Authority Senior Living Community Revenue (Montereau Inc.) 5.000% 11/15/24 1,000 1,112
          51,715
Oregon (0.6%)        
  Forest Grove OR Campus Improvement Revenue (Pacific University Project) 4.000% 5/1/19 410 429
  Forest Grove OR Campus Improvement Revenue (Pacific University Project) 4.000% 5/1/20 500 531
  Forest Grove OR Campus Improvement Revenue (Pacific University Project) 4.000% 5/1/21 350 376
  Forest Grove OR Campus Improvement Revenue (Pacific University Project) 5.000% 5/1/22 350 396
  Gilliam County OR Solid Waste Disposal Revenue (Waste Management Inc. Project) PUT 1.500% 10/1/18 3,000 3,010
  Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/21 7,000 7,997
  Oregon Facilities Authority Revenue (Legacy Health Project) 5.000% 5/1/17 3,090 3,091
  Oregon Facilities Authority Revenue (Legacy Health Project) 5.000% 5/1/18 3,500 3,639
  Oregon Facilities Authority Revenue (Legacy Health Project) 5.000% 6/1/22 750 872
  Oregon Facilities Authority Revenue (Legacy Health Project) 5.000% 6/1/23 650 766
  Oregon Facilities Authority Revenue (PeaceHealth) 5.000% 11/15/19 1,000 1,094
  Oregon Facilities Authority Revenue (PeaceHealth) 5.000% 11/15/20 1,275 1,433
1 Oregon Facilities Authority Revenue (Providence Health & Services) PUT 1.780% 10/1/17 8,750 8,750
1 Oregon Facilities Authority Revenue (Providence Health & Services) PUT 1.900% 9/15/18 10,000 10,000
  Oregon GO 5.000% 8/1/18 3,215 3,380
3 Oregon GO 5.000% 8/1/21 1,750 2,011
  Oregon Housing & Community Service Department Single Family Mortgage Revenue 4.000% 7/1/44 3,730 3,887
  Portland OR Sewer System Revenue 5.000% 6/15/22 59,960 70,259
  Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue 4.000% 11/1/17 7,380 7,400
  Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue 5.000% 10/1/18 3,000 3,167
  Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue 3.000% 11/1/18 4,250 4,258
  Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue 5.000% 11/1/18 5,000 5,018
          141,764
Pennsylvania (5.0%)        
  Allegheny County PA GO 5.000% 12/1/18 7,000 7,424
  Allegheny County PA GO 5.000% 12/1/19 5,250 5,736
  Allegheny County PA Hospital Development Authority Revenue        
  (University of Pittsburgh Medical Center) 5.000% 5/15/17 23,040 23,086
  Allegheny County PA Hospital Development Authority Revenue        
  (University of Pittsburgh Medical Center) 5.000% 10/15/17 1,000 1,019
  Allegheny County PA Hospital Development Authority Revenue        
  (University of Pittsburgh Medical Center) 5.000% 10/15/18 1,000 1,056
  Allegheny County PA Hospital Development Authority Revenue        
  (University of Pittsburgh Medical Center) 1.410% 2/1/21 5,855 5,854
1,2 Allegheny County PA Hospital Development Authority Revenue        
  (University of Pittsburgh Medical Center) TOB PUT 1.100% 6/1/17 LOC 10,000 10,000
1,2 Allegheny County PA Hospital Development Authority Revenue        
  (University of Pittsburgh Medical Center) TOB PUT 1.100% 7/3/17 LOC 10,070 10,070
2 Allegheny County PA Hospital Development Authority Revenue        
  (University of Pittsburgh Medical Center) TOB VRDO 0.920% 5/1/17 LOC 17,345 17,345
  Allegheny County PA Sanitary Authority Sewer Revenue 5.000% 6/1/18 (4) 3,000 3,128
  Allegheny County PA Sanitary Authority Sewer Revenue 5.000% 12/1/18 (4) 3,685 3,911
  Allegheny County PA Sanitary Authority Sewer Revenue 5.000% 12/1/20 2,500 2,799
  Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue 5.000% 5/1/25 2,500 2,734
  Beaver County PA Hospital Authority Revenue (Heritage Valley Health System Inc.) 5.000% 5/15/18 1,010 1,050
  Beaver County PA Industrial Development Authority Pollution Control Revenue        
  (FirstEnergy Generation Project) PUT 2.500% 6/1/17 17,250 13,067
  Beaver County PA Industrial Development Authority Pollution Control Revenue        
  (FirstEnergy Generation Project) PUT 2.700% 4/2/18 8,250 3,630
  Bethel Park PA School District GO 5.000% 8/1/22 500 581
  Bethel Park PA School District GO 5.000% 8/1/23 700 826
1 Bethlehem PA Area School District Authority Revenue PUT 1.125% 1/1/18 3,990 3,992
  Bethlehem PA Water Authority Revenue 5.000% 11/15/17 (15) 650 664
  Bethlehem PA Water Authority Revenue 5.000% 11/15/18 (15) 500 528
  Bethlehem PA Water Authority Revenue 5.000% 11/15/19 (15) 1,165 1,264
  Bethlehem PA Water Authority Revenue 5.000% 11/15/20 (15) 1,000 1,110
  Bucks County PA GO 5.000% 5/1/20 2,175 2,425

 

97

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Bucks County PA GO 5.000% 5/1/21 3,060 3,505
Bucks County PA GO 5.000% 5/1/22 1,255 1,469
Bucks County PA GO 5.000% 5/1/23 1,000 1,193
Bucks County PA Water & Sewer Authority Water System Revenue 5.000% 6/1/21 (15) 4,500 5,086
Bucks County PA Water & Sewer Authority Water System Revenue 4.000% 6/1/22 (15) 605 666
Bucks County PA Water & Sewer Authority Water System Revenue 4.000% 6/1/23 (15) 500 556
Butler County PA Hospital Authority Revenue (Butler Health System Project) 3.000% 7/1/17 1,650 1,656
Butler County PA Hospital Authority Revenue (Butler Health System Project) 3.000% 7/1/18 300 306
Butler County PA Hospital Authority Revenue (Butler Health System Project) 3.000% 7/1/19 1,460 1,507
Butler County PA Hospital Authority Revenue (Butler Health System Project) 4.000% 7/1/20 525 562
Butler County PA Hospital Authority Revenue (Butler Health System Project) 4.000% 7/1/21 575 624
Butler County PA Hospital Authority Revenue (Butler Health System Project) 5.000% 7/1/22 1,150 1,312
Butler County PA Hospital Authority Revenue (Butler Health System Project) 5.000% 7/1/23 1,410 1,631
Clarion County PA Industrial Development Authority Revenue        
(Clarion University Foundation Inc. Student Housing Project) 5.000% 7/1/20 1,015 1,087
Clarion County PA Industrial Development Authority Revenue        
(Clarion University Foundation Inc. Student Housing Project) 5.000% 7/1/21 1,070 1,160
Clarion County PA Industrial Development Authority Revenue        
(Clarion University Foundation Inc. Student Housing Project) 5.000% 7/1/22 1,120 1,229
Clarion County PA Industrial Development Authority Revenue        
(Clarion University Foundation Inc. Student Housing Project) 5.000% 7/1/23 1,180 1,299
Coatesville PA School District GO 5.000% 8/1/22 (4) 1,125 1,291
Coatesville PA School District GO 5.000% 8/1/23 (4) 1,000 1,164
Commonwealth Financing Authority Pennsylvania Revenue 5.000% 6/1/18 670 699
Commonwealth Financing Authority Pennsylvania Revenue 5.000% 6/1/19 500 538
Delaware County PA Authority University Revenue (Villanova University) 5.000% 8/1/18 300 315
Delaware County PA Authority University Revenue (Villanova University) 5.000% 8/1/19 240 260
Delaware County PA Authority University Revenue (Villanova University) 5.000% 8/1/19 600 650
Delaware County PA Authority University Revenue (Villanova University) 5.000% 8/1/20 500 557
Delaware County PA Authority University Revenue (Villanova University) 5.000% 8/1/21 700 798
Delaware County PA Authority University Revenue (Villanova University) 5.000% 12/1/21 400 459
Delaware County PA Authority University Revenue (Villanova University) 5.000% 8/1/22 400 463
Delaware County PA Authority University Revenue (Villanova University) 5.000% 12/1/22 400 466
Delaware County PA Authority University Revenue (Villanova University) 5.000% 12/1/23 750 883
Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue 5.500% 7/1/19 (14) 1,300 1,421
Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue 5.000% 7/1/20 385 429
Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue 5.000% 7/1/21 340 389
Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue 5.000% 7/1/22 275 320
Delaware River Port Authority Pennsylvania & New Jersey Revenue 5.000% 1/1/18 1,230 1,257
Delaware River Port Authority Pennsylvania & New Jersey Revenue 5.000% 1/1/19 1,745 1,833
Delaware River Port Authority Pennsylvania & New Jersey Revenue 5.000% 1/1/20 7,320 7,815
Delaware River Port Authority Pennsylvania & New Jersey Revenue 5.000% 1/1/22 1,135 1,238
Emmaus PA General Authority Revenue VRDO 0.900% 5/5/17 LOC 4,700 4,700
1 Hempfield PA School District GO PUT 1.209% 8/1/19 5,690 5,650
Lancaster County PA Hospital Authority Health System Revenue        
(University of Pennsylvania Health System) 5.000% 8/15/22 2,750 3,210
Lancaster County PA Hospital Authority Revenue (Brethren Village Project) 5.000% 7/1/22 915 1,009
Lancaster County PA Hospital Authority Revenue (Brethren Village Project) 5.000% 7/1/23 700 773
Lancaster County PA Hospital Authority Revenue (Brethren Village Project) 5.000% 7/1/24 800 884
Lancaster County PA Solid Waste Management Authority Solid Waste Disposal System Revenue 5.000% 12/15/18 1,625 1,725
Lancaster County PA Solid Waste Management Authority Solid Waste Disposal System Revenue 5.000% 12/15/20 2,850 3,190
1 Manheim Township PA School District GO PUT 1.068% 5/1/18 6,850 6,799
Monroe County PA Hospital Authority Revenue (Pocono Medical Center) 5.000% 7/1/21 700 787
Monroeville PA Finance Authority Revenue (UPMC Health System) 4.000% 2/15/18 1,250 1,280
Monroeville PA Finance Authority Revenue (UPMC Health System) 5.000% 2/15/19 1,000 1,068
Montgomery County PA GO 5.000% 4/1/21 1,975 2,252
Montgomery County PA GO 5.000% 4/1/23 2,395 2,840
Montgomery County PA Higher Education & Health Authority Hospital Revenue        
(Abington Memorial Hospital) 5.000% 6/1/18 1,000 1,041
Montgomery County PA Higher Education & Health Authority Hospital Revenue        
(Abington Memorial Hospital) 5.000% 6/1/19 3,300 3,547
Montgomery County PA Higher Education & Health Authority Hospital Revenue        
(Abington Memorial Hospital) 5.000% 6/1/20 6,410 7,083
Montgomery County PA Higher Education & Health Authority Revenue (Arcadia University) 5.000% 4/1/18 1,460 1,503
Montgomery County PA Higher Education & Health Authority Revenue (Arcadia University) 5.000% 4/1/19 1,535 1,622
Montgomery County PA Higher Education & Health Authority Revenue (Arcadia University) 5.000% 4/1/20 1,515 1,634
Montgomery County PA Higher Education & Health Authority Revenue (Arcadia University) 5.000% 4/1/21 1,550 1,699
Montgomery County PA Higher Education & Health Authority Revenue        
(Holy Redeemer Health System) 4.000% 10/1/19 500 527
Montgomery County PA Higher Education & Health Authority Revenue        
(Holy Redeemer Health System) 5.000% 10/1/20 1,265 1,394

 

98

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Montgomery County PA Higher Education & Health Authority Revenue        
(Holy Redeemer Health System) 5.000% 10/1/21 1,320 1,482
Montgomery County PA Higher Education & Health Authority Revenue        
(Holy Redeemer Health System) 5.000% 10/1/22 1,380 1,574
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.000% 1/15/20 1,200 1,292
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.000% 1/15/21 2,175 2,381
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.000% 1/15/22 4,000 4,437
Montgomery County PA Industrial Development Authority Pollution Control Revenue        
(Exelon Generation Co., LLC) PUT 2.500% 4/1/20 8,000 7,994
Montgomery County PA Industrial Development Authority Pollution Control Revenue        
(Exelon Generation Co., LLC) PUT 2.500% 4/1/20 5,000 4,996
Montgomery County PA Industrial Development Authority Pollution Control Revenue        
(Exelon Generation Co., LLC) PUT 2.550% 6/1/20 17,560 17,547
Moon Industrial Development Authority Pennsylvania Revenue        
(Baptist Home Society Obligated Group) 5.000% 7/1/20 1,375 1,419
1 North Penn PA Water Authority Revenue 1.069% 11/1/19 1,000 991
1 North Penn PA Water Authority Revenue PUT 1.158% 11/1/19 2,500 2,482
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.000% 8/15/21 1,500 1,688
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.000% 8/15/22 3,885 4,441
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.000% 8/15/23 2,185 2,526
1 Northampton County PA General Purpose Authority Hospital Revenue        
(St. Luke’s Hospital Project) PUT 2.300% 8/15/20 8,125 8,132
Northeastern Pennsylvania Hospital & Educational Authority Revenue (Wilkes University Project) 5.000% 3/1/22 925 1,026
Northeastern Pennsylvania Hospital & Educational Authority Revenue (Wilkes University Project) 5.000% 3/1/23 1,380 1,546
Northeastern Pennsylvania Hospital & Educational Authority Revenue (Wilkes University Project) 5.000% 3/1/23 985 1,098
Pennsbury PA School District GO 5.000% 1/15/21 1,250 1,414
Pennsbury PA School District GO 5.000% 1/15/22 1,000 1,156
Pennsylvania Economic Development Financing Authority Health System Revenue        
(Albert Einstein Healthcare Network) 6.250% 10/15/19 (Prere.) 8,980 9,878
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 4.000% 2/1/20 1,650 1,772
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 5.000% 2/1/21 2,250 2,544
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 5.000% 2/1/22 2,775 3,207
Pennsylvania Economic Development Financing Authority Solid Waste Disposal Revenue        
(Waste Management Inc. Project) PUT 1.500% 5/1/18 3,000 3,005
Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue 5.000% 7/1/18 27,000 28,291
Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue 5.000% 7/1/21 19,775 20,350
Pennsylvania GO 5.000% 6/1/17 3,060 3,072
Pennsylvania GO 5.000% 7/1/17 4,155 4,185
Pennsylvania GO 5.000% 7/15/17 15,005 15,136
Pennsylvania GO 5.000% 10/15/17 8,500 8,661
Pennsylvania GO 5.000% 10/15/18 10,000 10,572
Pennsylvania GO 5.000% 4/1/19 30,390 32,584
Pennsylvania GO 5.000% 5/1/19 5,000 5,376
Pennsylvania GO 5.000% 6/1/19 15,000 16,170
Pennsylvania GO 5.000% 7/1/19 10,000 10,809
Pennsylvania GO 5.000% 7/1/19 9,900 10,701
Pennsylvania GO 5.000% 3/15/20 5,380 5,919
Pennsylvania GO 5.000% 4/1/20 7,450 8,206
Pennsylvania GO 5.000% 6/15/20 21,120 23,390
Pennsylvania GO 5.000% 7/1/20 20,925 23,201
Pennsylvania GO 5.000% 10/15/20 22,345 24,781
Pennsylvania GO 5.000% 8/1/22 7,500 8,626
Pennsylvania GO 5.000% 6/1/23 3,000 3,463
Pennsylvania GO 4.000% 7/1/23 13,000 14,332
Pennsylvania GO 5.000% 9/15/23 4,830 5,684
Pennsylvania GO 5.000% 9/15/25 (4) 11,000 13,168
Pennsylvania Higher Education Assistance Agency Revenue 5.000% 12/15/17 2,205 2,258
Pennsylvania Higher Education Assistance Agency Revenue 5.000% 12/15/18 3,490 3,697
Pennsylvania Higher Education Assistance Agency Revenue 5.000% 12/15/19 2,490 2,718
Pennsylvania Higher Educational Facilities Authority Revenue        
(AICUP Financing Program - Delaware Valley College Project) 5.000% 11/1/18 1,075 1,101
Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) 5.000% 6/15/17 4,655 4,680
Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) 5.000% 6/15/19 5,480 5,921
Pennsylvania Higher Educational Facilities Authority Revenue (La Salle University) 5.000% 5/1/18 1,000 1,032
Pennsylvania Higher Educational Facilities Authority Revenue (La Salle University) 5.000% 5/1/19 1,850 1,958
Pennsylvania Higher Educational Facilities Authority Revenue (St. Joseph’s University) 5.000% 11/1/17 1,060 1,081
Pennsylvania Higher Educational Facilities Authority Revenue (St. Joseph’s University) 5.000% 11/1/18 700 738

 

99

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Pennsylvania Higher Educational Facilities Authority Revenue        
(Trustees of the University of Pennsylvania) 5.000% 10/1/20 2,745 3,093
Pennsylvania Higher Educational Facilities Authority Revenue        
(Trustees of the University of Pennsylvania) 5.000% 10/1/20 4,605 5,189
Pennsylvania Higher Educational Facilities Authority Revenue        
(Trustees of the University of Pennsylvania) 5.000% 10/1/21 2,120 2,450
Pennsylvania Higher Educational Facilities Authority Revenue        
(Trustees of the University of Pennsylvania) 5.000% 10/1/21 3,000 3,467
Pennsylvania Higher Educational Facilities Authority Revenue        
(Trustees of the University of Pennsylvania) 5.000% 10/1/22 5,000 5,899
Pennsylvania Higher Educational Facilities Authority Revenue        
(University of Pennsylvania Health System) 5.000% 8/15/19 5,655 6,141
Pennsylvania Higher Educational Facilities Authority Revenue        
(University of Pennsylvania Health System) 5.000% 5/15/20 8,000 8,873
Pennsylvania Higher Educational Facilities Authority Revenue        
(University of Pennsylvania Health System) 5.000% 8/15/20 1,925 2,147
Pennsylvania Higher Educational Facilities Authority Revenue        
(University of Pennsylvania Health System) 5.000% 8/15/21 3,000 3,424
Pennsylvania Higher Educational Facilities Authority Revenue        
(University of Pennsylvania Health System) 5.000% 8/15/22 750 874
Pennsylvania Higher Educational Facilities Authority Revenue        
(University of Pennsylvania Health System) 5.000% 8/15/23 3,000 3,538
Pennsylvania Higher Educational Facilities Authority Revenue        
(University of Pittsburgh Medical Center) 5.000% 5/15/17 9,740 9,759
Pennsylvania Higher Educational Facilities Authority Revenue (York College) PUT 2.250% 5/1/17 2,410 2,410
Pennsylvania State University Revenue 5.000% 3/1/19 (Prere.) 1,500 1,608
Pennsylvania Turnpike Commission Motor License Fund Revenue 5.000% 12/1/19 1,020 1,114
Pennsylvania Turnpike Commission Oil Franchise Tax Revenue 5.000% 12/1/22 3,485 4,034
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/17 3,515 3,596
1 Pennsylvania Turnpike Commission Revenue 1.500% 12/1/18 8,750 8,744
1 Pennsylvania Turnpike Commission Revenue 1.580% 12/1/18 10,000 9,991
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/18 3,240 3,431
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/18 1,150 1,217
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 (Prere.) 5,000 5,407
1 Pennsylvania Turnpike Commission Revenue 1.600% 12/1/19 15,000 14,984
1 Pennsylvania Turnpike Commission Revenue 2.050% 12/1/19 20,000 20,118
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/19 1,015 1,106
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/19 1,175 1,280
1 Pennsylvania Turnpike Commission Revenue 1.780% 12/1/20 25,100 25,092
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/20 1,805 2,015
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/21 29,675 33,394
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/21 1,000 1,136
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/22 34,945 39,916
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/23 7,905 9,144
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/23 28,505 32,972
1 Pennsylvania Turnpike Commission Revenue PUT 1.700% 12/1/18 6,575 6,575
Philadelphia PA Authority for Industrial Development Revenue (Cultural & Commercial Corridors) 5.000% 12/1/22 4,470 5,080
Philadelphia PA Authority for Industrial Development Revenue (Cultural & Commercial Corridors) 5.000% 12/1/23 5,415 6,208
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/18 1,615 1,674
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/18 750 778
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/19 1,650 1,767
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/19 1,000 1,071
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/20 3,500 3,852
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/20 750 826
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/21 3,605 4,070
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/21 1,060 1,197
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/22 5,680 6,527
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/22 750 862
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/23 650 760
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/23 5,705 6,666
Philadelphia PA Gas Works Revenue 5.375% 7/1/18 (ETM) 2,780 2,924
Philadelphia PA Gas Works Revenue 5.000% 10/1/22 2,250 2,580
Philadelphia PA Gas Works Revenue VRDO 0.870% 5/5/17 LOC 12,000 12,000
Philadelphia PA GO 5.000% 7/15/17 1,000 1,008
Philadelphia PA GO 5.000% 8/1/17 3,000 3,031
Philadelphia PA GO 5.000% 12/15/17 (4) 5,555 5,693
Philadelphia PA GO 5.000% 7/15/18 2,000 2,091
Philadelphia PA GO 4.000% 8/1/18 2,000 2,069
Philadelphia PA GO 5.000% 7/15/19 1,410 1,522
Philadelphia PA GO 5.000% 8/1/19 (Prere.) 220 239
Philadelphia PA GO 5.000% 8/1/19 5,150 5,566

 

100

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Philadelphia PA GO 5.000% 8/1/20 3,625 4,013
Philadelphia PA GO 5.000% 8/1/21 3,500 3,956
Philadelphia PA GO 5.000% 8/1/22 4,500 5,175
Philadelphia PA GO 5.000% 8/1/24 (12) 1,780 1,925
Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue        
(Children’s Hospital of Philadelphia Project) VRDO 0.860% 5/1/17 3,400 3,400
Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue        
(Temple University Health System Obligated Group) 5.000% 7/1/17 2,325 2,335
Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue        
(Temple University Health System Obligated Group) 6.250% 7/1/23 1,500 1,509
Philadelphia PA Municipal Authority Revenue 5.000% 11/15/18 2,500 2,654
Philadelphia PA School District GO 5.000% 9/1/18 2,780 2,889
Philadelphia PA School District GO 5.125% 9/1/18 (Prere.) 3,325 3,508
Philadelphia PA School District GO 5.000% 9/1/19 6,115 6,523
Philadelphia PA School District GO 5.000% 9/1/20 6,000 6,513
Philadelphia PA School District GO 5.000% 9/1/21 2,745 3,018
Philadelphia PA School District GO 5.000% 9/1/21 4,500 4,948
Philadelphia PA School District GO 5.000% 9/1/21 8,000 8,814
Philadelphia PA School District GO 5.000% 9/1/22 4,000 4,425
Philadelphia PA School District GO 5.000% 9/1/22 6,320 6,992
Philadelphia PA School District GO 5.000% 9/1/23 6,450 7,192
Philadelphia PA School District GO 5.000% 9/1/23 6,200 6,913
Philadelphia PA TRAN 2.000% 6/30/17 19,275 19,308
Philadelphia PA Water & Waste Water Revenue 5.000% 6/15/19 (4) 2,500 2,702
Philadelphia PA Water & Waste Water Revenue 5.000% 7/1/19 1,000 1,082
Philadelphia PA Water & Waste Water Revenue 5.000% 1/1/20 7,165 7,854
Philadelphia PA Water & Waste Water Revenue 5.000% 7/1/20 2,000 2,222
Philadelphia PA Water & Waste Water Revenue 5.000% 7/1/21 1,250 1,422
Philadelphia PA Water & Waste Water Revenue 5.000% 7/1/21 1,000 1,138
Philadelphia PA Water & Waste Water Revenue 5.000% 10/1/23 5,000 5,878
Pittsburgh PA GO 5.000% 9/1/18 11,000 11,575
Pittsburgh PA GO 5.000% 9/1/23 350 412
Pittsburgh PA GO 5.000% 9/1/24 500 594
Pittsburgh PA Water & Sewer Authority Revenue 5.000% 9/1/19 (4) 2,500 2,720
Pittsburgh PA Water & Sewer Authority Revenue 5.000% 9/1/20 (4) 3,385 3,788
Pocono Mountain PA School District GO 4.000% 9/1/23 (4) 2,650 2,953
Reading PA School District GO 5.000% 4/1/19 6,230 6,623
Scranton PA School District GO 5.000% 6/1/22 2,150 2,372
State Public School Building Authority Pennsylvania College Revenue        
(Delaware County Community College Project) 5.000% 10/1/19 (15) 1,725 1,874
State Public School Building Authority Pennsylvania College Revenue        
(Delaware County Community College Project) 5.000% 10/1/20 (15) 1,035 1,152
State Public School Building Authority Pennsylvania College Revenue        
(Delaware County Community College Project) 5.000% 10/1/21 (15) 2,670 3,037
State Public School Building Authority Pennsylvania College Revenue        
(Montgomery County Community College) 5.000% 5/1/20 2,995 3,281
State Public School Building Authority Pennsylvania College Revenue        
(Montgomery County Community College) 5.000% 5/1/21 1,000 1,120
State Public School Building Authority Pennsylvania College Revenue        
(Montgomery County Community College) 5.000% 5/1/22 1,000 1,135
1 University Area Joint Authority Pennsylvania Sewer Revenue PUT 1.300% 11/1/17 2,900 2,897
University of Pittsburgh of the Commonwealth System of Higher Education        
Pennsylvania Revenue (University Capital Project) 5.500% 3/15/19 (Prere.) 1,030 1,116
Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project) 5.000% 11/1/20 2,465 2,720
1 York County PA GO PUT 0.968% 6/1/17 6,860 6,858
        1,188,232
Rhode Island (0.4%)        
Narragansett RI Commission Wastewater System Revenue VRDO 0.900% 5/5/17 LOC 6,300 6,300
Rhode Island Economic Development Corp. Airport Revenue 5.000% 7/1/19 700 745
Rhode Island Economic Development Corp. Airport Revenue 5.000% 7/1/20 1,165 1,264
Rhode Island Economic Development Corp. Airport Revenue 5.000% 7/1/21 1,355 1,496
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 5.000% 9/15/21 400 456
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 5.000% 9/15/21 405 460
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 5.000% 9/15/22 510 590
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 5.000% 9/15/22 450 519
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 5.000% 9/15/23 450 528

 

101

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 5.000% 9/15/23 640 750
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 5.000% 9/15/24 350 415
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 5.000% 9/15/24 670 794
Rhode Island Health & Educational Building Corp. Higher Education Facility Revenue        
(Rogers Williams University) VRDO 0.900% 5/5/17 LOC 9,960 9,960
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.000% 9/1/18 (ETM) 1,325 1,394
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.000% 9/1/19 (ETM) 1,650 1,792
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.000% 9/1/20 (ETM) 1,455 1,625
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.000% 9/1/21 5,625 6,149
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.000% 9/1/21 (ETM) 1,650 1,887
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.000% 9/1/22 2,500 2,760
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.000% 9/1/23 2,700 3,005
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Lifespan Obligated Group) 5.000% 5/15/21 2,330 2,569
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Lifespan Obligated Group) 5.000% 5/15/22 2,510 2,801
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Lifespan Obligated Group) 5.000% 5/15/23 2,200 2,482
Rhode Island Health & Educational Building Corp. Providence Public Schools Revenue        
(Providence Public Buildings Authority) 5.000% 5/15/19 1,255 1,341
Rhode Island Health & Educational Building Corp. Providence Public Schools Revenue        
(Providence Public Buildings Authority) 5.000% 5/15/20 2,760 3,016
Rhode Island Health & Educational Building Corp. Providence Public Schools Revenue        
(Providence Public Buildings Authority) 4.000% 5/15/21 (4) 10,470 11,279
Rhode Island Health & Educational Building Corp. Providence Public Schools Revenue        
(Providence Public Buildings Authority) 5.000% 5/15/21 2,000 2,231
Rhode Island Health & Educational Building Corp. Providence Public Schools Revenue        
(Providence Public Buildings Authority) 4.000% 5/15/22 (4) 11,705 12,705
Tobacco Settlement Financing Corp. Rhode Island Revenue 5.000% 6/1/19 10,580 11,285
Tobacco Settlement Financing Corp. Rhode Island Revenue 5.000% 6/1/20 3,500 3,799
Tobacco Settlement Financing Corp. Rhode Island Revenue 5.000% 6/1/21 2,755 3,034
Tobacco Settlement Financing Corp. Rhode Island Revenue 5.000% 6/1/22 2,540 2,829
        102,260
South Carolina (0.9%)        
Berkeley County SC School District Revenue 5.000% 12/1/17 600 614
Berkeley County SC School District Revenue 5.000% 12/1/18 1,000 1,062
Berkeley County SC School District Revenue 5.000% 12/1/20 1,000 1,111
Charleston County SC GO 5.000% 11/1/17 1,045 1,067
Charleston County SC GO 5.000% 11/1/17 6,485 6,623
Charleston County SC GO 5.000% 11/1/18 7,085 7,517
Charleston SC Educational Excellence Financing Corp. Revenue        
(Charleston County School District, South Carolina Project) 5.000% 12/1/19 2,000 2,192
1 Charleston SC Waterworks & Sewer Capital Improvement Revenue PUT 1.358% 1/1/18 8,700 8,718
Kershaw County SC Public Schools Foundation Installment Purchase Revenue 5.000% 12/1/20 600 666
Kershaw County SC Public Schools Foundation Installment Purchase Revenue 5.000% 12/1/21 1,000 1,131
Kershaw County SC Public Schools Foundation Installment Purchase Revenue 5.000% 12/1/22 1,000 1,147
Lexington County SC Health Services District Inc. Hospital Revenue 5.000% 11/1/17 2,660 2,714
Lexington County SC Health Services District Inc. Hospital Revenue 5.000% 11/1/18 1,345 1,423
Myrtle Beach SC Hospitality Fee Revenue 5.000% 6/1/20 500 549
Myrtle Beach SC Hospitality Fee Revenue 5.000% 6/1/21 1,000 1,123
Myrtle Beach SC Tax Increase Revenue (Myrtle Beach Air Force Base Redevelopment Project) 5.000% 10/1/21 1,245 1,404
Myrtle Beach SC Tax Increase Revenue (Myrtle Beach Air Force Base Redevelopment Project) 5.000% 10/1/22 1,240 1,420
Newberry County SC School District Installment Purchase Revenue 5.000% 12/1/22 1,290 1,492
Piedmont SC Municipal Power Agency Revenue 5.000% 1/1/22 7,310 8,144
Richland County SC School District No. 2 GO 5.000% 2/1/22 19,280 22,432
Rock Hill SC Utility System Revenue 5.000% 1/1/22 780 896
Rock Hill SC Utility System Revenue 5.000% 1/1/23 1,110 1,297
Rock Hill SC Utility System Revenue 5.000% 1/1/24 1,000 1,187
South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue        
(Pickens School District) 5.000% 12/1/19 1,250 1,365

 

102

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue        
(Pickens School District) 5.000% 12/1/20 3,250 3,636
South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue        
(Pickens School District) 5.000% 12/1/21 2,635 3,010
South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue        
(Pickens School District) 5.000% 12/1/22 3,785 4,390
South Carolina Jobs Economic Development Authority Hospital Revenue (AnMed Health Project) 5.000% 2/1/23 1,850 2,152
South Carolina Jobs Economic Development Authority Hospital Revenue (AnMed Health Project) 5.000% 2/1/24 1,800 2,112
South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) 5.000% 8/1/17 300 303
South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) 5.000% 8/1/18 500 523
South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) 5.000% 8/1/19 1,000 1,077
South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) 5.000% 8/1/20 2,700 2,974
South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) 5.000% 8/1/21 1,000 1,120
South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) 4.000% 8/1/22 1,500 1,629
South Carolina Jobs Economic Development Authority Revenue (Bon Secours Health System Inc.) 4.500% 11/1/17 1,000 1,018
South Carolina Jobs Economic Development Authority Revenue (Bon Secours Health System Inc.) 5.000% 11/1/18 1,500 1,586
South Carolina Jobs Economic Development Authority Revenue (Bon Secours Health System Inc.) 5.000% 11/1/19 1,000 1,091
South Carolina Jobs Economic Development Authority Revenue (Bon Secours Health System Inc.) 5.000% 11/1/20 1,750 1,962
South Carolina Ports Authority Revenue 5.000% 7/1/17 1,535 1,546
South Carolina Public Service Authority Revenue 5.000% 12/1/17 6,035 6,168
South Carolina Public Service Authority Revenue 5.000% 12/1/20 18,545 20,315
South Carolina Public Service Authority Revenue 5.000% 12/1/21 2,500 2,778
South Carolina Public Service Authority Revenue 5.000% 12/1/21 290 322
South Carolina Public Service Authority Revenue 5.000% 12/1/21 15,000 16,667
South Carolina Public Service Authority Revenue 5.000% 12/1/22 1,500 1,682
South Carolina Public Service Authority Revenue 5.000% 12/1/22 1,095 1,228
South Carolina Public Service Authority Revenue 5.000% 12/1/22 500 561
South Carolina Public Service Authority Revenue 5.000% 12/1/23 500 566
South Carolina Transportation Infrastructure Revenue 5.000% 10/1/19 25,805 28,119
South Carolina Transportation Infrastructure Revenue 5.000% 10/1/20 4,220 4,726
South Carolina Transportation Infrastructure Revenue 5.000% 10/1/23 7,000 8,298
South Carolina Transportation Infrastructure Revenue 5.000% 10/1/23 4,885 5,791
        204,644
South Dakota (0.0%)        
South Dakota Building Authority Revenue 5.000% 6/1/20 500 556
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 4.000% 11/1/20 635 690
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/20 645 723
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 4.000% 11/1/21 500 549
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/21 550 630
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/22 535 625
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/22 375 437
        4,210
Tennessee (1.1%)        
Chattanooga TN Electric System Revenue 5.000% 9/1/20 3,820 4,292
Chattanooga TN Electric System Revenue 5.000% 9/1/21 2,500 2,882
Chattanooga TN Electric System Revenue 5.000% 9/1/22 2,000 2,353
Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) 5.000% 4/1/22 1,715 1,982
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(Covenant Healthcare) 5.000% 1/1/20 2,500 2,715
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(University Health System Inc.) 5.000% 9/1/21 1,145 1,278
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(University Health System Inc.) 5.000% 4/1/22 950 1,064
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(University Health System Inc.) 5.000% 4/1/23 1,000 1,131
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(University Health System Inc.) 5.000% 9/1/23 1,370 1,566
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(University Health System Inc.) 5.000% 4/1/24 1,000 1,141
Memphis TN Electric System Revenue 5.000% 12/1/17 12,500 12,807
Memphis TN GO 5.000% 10/1/17 2,500 2,544
Memphis-Shelby County TN Airport Authority Revenue 5.000% 7/1/22 5,280 5,978
Metropolitan Government of Nashville & Davidson County TN Electric Revenue 5.500% 5/15/17 (13) 6,345 6,359
Metropolitan Government of Nashville & Davidson County TN GO 5.000% 7/1/17 10,000 10,073
Metropolitan Government of Nashville & Davidson County TN GO 5.000% 7/1/19 25,130 27,264
Metropolitan Government of Nashville & Davidson County TN GO 5.000% 7/1/24 3,945 4,592
Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue 5.000% 7/1/18 5,000 5,231
Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue 5.000% 7/1/19 6,070 6,561
Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue 5.000% 7/1/20 1,000 1,111

 

103

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Murfreesboro TN GO 5.000% 6/1/20 3,950 4,407
Shelby County TN GO 5.000% 3/1/19 10,275 11,035
Shelby County TN GO 5.000% 4/1/23 1,000 1,192
Shelby County TN Health Educational & Housing Facility Board Revenue        
(Methodist Le Bonheur Healthcare) 5.000% 5/1/21 1,350 1,528
Shelby County TN Health Educational & Housing Facility Board Revenue        
(Methodist Le Bonheur Healthcare) 5.000% 5/1/23 1,200 1,406
Shelby County TN Health Educational & Housing Facility Board Revenue        
(Methodist Le Bonheur Healthcare) VRDO 0.860% 5/1/17 (4) 7,850 7,850
Sullivan County TN GO 5.000% 5/1/21 2,705 3,086
Sullivan County TN GO 5.000% 5/1/22 2,745 3,198
Sullivan County TN GO 5.000% 5/1/23 2,985 3,543
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/18 8,590 8,816
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/19 12,825 13,587
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/20 2,735 2,968
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/20 19,005 21,096
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/21 8,510 9,345
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/21 13,125 14,745
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/22 1,540 1,731
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/22 1,280 1,473
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/23 2,275 2,570
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/23 2,780 3,215
Tennessee GO 5.000% 8/1/18 5,185 5,456
Tennessee GO 5.000% 8/1/18 16,000 16,838
Tennessee GO 5.000% 10/1/18 3,730 3,950
Tennessee Housing Development Agency Residential Finance Program Revenue 4.000% 7/1/39 2,530 2,672
Tennessee Housing Development Agency Residential Finance Program Revenue 4.000% 1/1/45 3,835 4,055
Washington County TN GO 4.000% 6/1/21 2,030 2,244
Washington County TN GO 4.000% 6/1/22 5,030 5,638
Washington County TN GO 4.000% 6/1/23 5,260 5,956
        266,524
Texas (9.1%)        
Alvin TX Independent School District GO 5.000% 2/15/22 1,780 2,064
Austin TX Community College District Public Facilities Corp. Lease Revenue 5.000% 8/1/20 1,000 1,107
Austin TX Community College District Public Facilities Corp. Lease Revenue 5.000% 8/1/21 1,000 1,131
Austin TX Community College District Public Facilities Corp. Lease Revenue 5.000% 8/1/22 1,000 1,148
Austin TX Electric Utility System Revenue 5.000% 11/15/18 500 531
Austin TX Electric Utility System Revenue 5.000% 11/15/19 500 547
Austin TX Electric Utility System Revenue 5.000% 11/15/20 1,000 1,125
Austin TX GO 5.000% 9/1/17 3,250 3,297
Austin TX GO 5.000% 9/1/22 11,720 13,805
Austin TX Independent School District GO 5.000% 8/1/22 4,500 5,282
Austin TX Water & Wastewater System Revenue 5.000% 11/15/19 1,000 1,098
Austin TX Water & Wastewater System Revenue 5.000% 11/15/20 2,420 2,732
Bexar County TX GO 5.000% 6/15/21 5,155 5,896
Bexar County TX GO 5.000% 6/15/21 2,930 3,351
Bexar County TX GO 5.000% 6/15/22 6,000 7,005
Bexar County TX GO 5.000% 6/15/22 2,775 3,240
Bexar County TX GO 5.000% 6/15/23 9,220 10,932
Bexar County TX GO 5.000% 6/15/23 4,055 4,808
Bexar County TX Hospital District GO 5.000% 2/15/21 1,875 2,115
Bexar County TX Hospital District GO 5.000% 2/15/22 1,525 1,751
Bexar County TX Hospital District GO 5.000% 2/15/23 1,465 1,708
Bexar County TX Hospital District GO 5.000% 2/15/24 2,000 2,359
Brownsville TX Independent School District GO 5.000% 2/15/22 2,770 3,220
Brownsville TX Utility System Revenue 5.000% 9/1/20 1,250 1,393
Brownsville TX Utility System Revenue 5.000% 9/1/21 1,000 1,138
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/18 250 256
Central Texas Regional Mobility Authority Revenue 5.750% 1/1/18 (ETM) 1,450 1,497
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/19 530 560
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/20 610 662
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/20 625 679
Central Texas Regional Mobility Authority Revenue 5.750% 1/1/20 1,000 1,104
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/21 2,295 2,546
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/22 2,375 2,683
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/23 4,500 5,163
Central Texas Regional Mobility Authority Revenue PUT 5.000% 1/7/21 5,500 6,023
Conroe TX Independent School District GO 5.000% 2/15/21 3,380 3,841
Conroe TX Independent School District GO 5.000% 2/15/22 3,125 3,633
Conroe TX Independent School District GO 5.000% 2/15/23 4,240 5,015
Coppell TX Independent School District GO 5.000% 8/15/22 1,000 1,175

 

104

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Corpus Christi TX GO 5.000% 3/1/22 4,000 4,630
Cypress-Fairbanks TX Independent School District GO 5.000% 2/15/22 9,835 11,462
Cypress-Fairbanks TX Independent School District GO PUT 0.900% 8/15/18 7,590 7,541
Dallas County TX Utility & Reclamation District GO 5.000% 2/15/21 7,230 8,107
Dallas County TX Utility & Reclamation District GO 5.000% 2/15/22 5,365 6,117
Dallas County TX Utility & Reclamation District GO 5.000% 2/15/23 1,000 1,159
Dallas TX Area Rapid Transit Sales Tax Revenue 5.000% 12/1/21 3,250 3,754
Dallas TX Independent School District GO 5.000% 8/15/23 7,265 8,671
Dallas TX Independent School District GO PUT 1.500% 8/15/18 5,000 5,012
Dallas TX Independent School District GO PUT 5.000% 2/15/22 20,000 22,872
Dallas TX Waterworks & Sewer System Revenue 5.000% 10/1/17 3,105 3,160
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/17 1,200 1,225
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/18 500 529
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/19 2,500 2,731
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/19 2,500 2,731
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/19 1,000 1,092
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/20 2,500 2,807
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/20 1,000 1,123
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/21 4,000 4,595
Denton County TX GO 5.000% 7/15/22 2,000 2,340
Denton County TX GO 5.000% 7/15/23 2,090 2,492
Denton TX GO 5.000% 2/15/22 2,000 2,202
Denton TX Independent School District GO 2.000% 8/1/18 (Prere.) 800 810
Denton TX Independent School District GO 0.000% 8/15/20 1,195 1,145
Denton TX Independent School District GO 0.000% 8/15/22 5,000 4,540
Denton TX Independent School District GO PUT 2.000% 8/1/18 2,325 2,348
Eagle Mountain & Saginaw TX Independent School District GO PUT 2.000% 8/1/19 9,000 9,145
El Paso TX GO 5.000% 8/15/21 5,615 6,436
El Paso TX GO 5.000% 8/15/21 1,935 2,218
El Paso TX GO 5.000% 8/15/22 2,795 3,268
El Paso TX Water & Sewer Revenue 5.000% 3/1/18 1,000 1,034
El Paso TX Water & Sewer Revenue 4.000% 3/1/20 1,000 1,077
El Paso TX Water & Sewer Revenue 4.000% 3/1/21 1,750 1,920
El Paso TX Water & Sewer Revenue 5.000% 3/1/21 1,000 1,135
El Paso TX Water & Sewer Revenue 5.000% 3/1/22 1,000 1,160
Fort Bend County TX GO 5.000% 3/1/20 5,530 6,113
Fort Bend County TX GO 5.000% 3/1/20 1,000 1,105
Fort Bend County TX GO 5.000% 3/1/21 2,000 2,271
Fort Bend County TX GO 5.000% 3/1/22 2,500 2,901
Fort Bend County TX Toll Road Revenue 5.000% 3/1/22 200 230
Fort Bend County TX Toll Road Revenue 5.000% 3/1/23 200 233
Fort Bend TX Independent School District GO 5.000% 8/15/22 1,695 1,991
Fort Worth TX GO 5.000% 3/1/18 4,375 4,524
Fort Worth TX GO 5.000% 3/1/19 3,500 3,751
Fort Worth TX GO 5.000% 3/1/20 10,075 11,137
Fort Worth TX GO 5.000% 3/1/21 10,060 11,422
Fort Worth TX Water & Sewer Revenue 5.000% 2/15/18 4,100 4,234
Frisco TX GO 5.000% 2/15/18 3,325 3,434
Frisco TX GO 5.000% 2/15/20 4,110 4,545
Frisco TX GO 5.000% 2/15/21 4,295 4,878
Frisco TX GO 5.000% 2/15/21 8,890 10,075
Frisco TX GO 5.000% 2/15/22 7,730 8,955
Frisco TX GO 5.000% 2/15/23 4,115 4,843
Frisco TX Independent School District GO 5.000% 8/15/17 2,350 2,379
Grand Prairie TX Independent School District GO 5.000% 2/15/21 1,500 1,705
Grand Prairie TX Independent School District GO 5.000% 2/15/22 1,000 1,162
Grand Prairie TX Independent School District GO 5.000% 2/15/23 675 798
1 Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Memorial Hermann Healthcare System) 1.400% 6/1/17 3,865 3,864
1 Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Memorial Hermann Healthcare System) 1.500% 6/1/18 1,750 1,751
1 Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Memorial Hermann Healthcare System) 1.600% 6/1/19 2,250 2,254
1 Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Memorial Hermann Healthcare System) 1.650% 6/1/20 2,000 2,005
1 Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Memorial Hermann Healthcare System) PUT 1.480% 12/1/19 9,000 8,991
Harris County TX Cultural Education Facilities Finance Corp. Revenue (Baylor College of Medicine) 5.000% 11/15/20 2,500 2,792
Harris County TX Cultural Education Facilities Finance Corp. Revenue (Baylor College of Medicine) 5.000% 11/15/21 1,600 1,825
Harris County TX Cultural Education Facilities Finance Corp. Revenue (Baylor College of Medicine) 5.000% 11/15/22 1,800 2,085

 

105

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Harris County TX Cultural Education Facilities Finance Corp. Revenue        
(Methodist Hospital System) VRDO 0.870% 5/1/17 4,555 4,555
Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) 5.000% 10/1/19 2,350 2,561
Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) 5.000% 10/1/21 4,000 4,587
Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) 5.000% 10/1/22 2,500 2,924
Harris County TX Cultural Education Facilities Finance Corp. Revenue        
(YMCA of the Greater Houston Area) 5.000% 6/1/18 425 439
Harris County TX Cultural Education Facilities Finance Corp. Revenue        
(YMCA of the Greater Houston Area) 5.000% 6/1/19 1,410 1,493
Harris County TX Flood Control District GO 5.250% 10/1/18 2,000 2,123
Harris County TX GO 5.000% 10/1/17 6,775 6,895
Harris County TX GO 5.000% 10/1/18 4,805 5,080
Harris County TX GO 5.000% 10/1/18 2,675 2,828
Harris County TX GO 5.000% 10/1/22 10,025 11,794
Harris County TX GO 5.000% 10/1/22 1,100 1,298
Harris County TX Health Facilities Development Corp. Hospital Revenue        
(Memorial Hermann Healthcare System) 5.000% 12/1/18 1,000 1,061
Harris County TX Health Facilities Development Corp. Hospital Revenue        
(Memorial Hermann Healthcare System) 5.000% 12/1/19 400 438
Harris County TX Hospital District Revenue 5.000% 2/15/22 1,235 1,414
Harris County TX Hospital District Revenue 5.000% 2/15/23 2,000 2,330
Harris County TX Hospital District Revenue 5.000% 2/15/24 2,250 2,654
Harris County TX Metropolitan Transit Authority Sales & Use Tax Revenue 5.000% 11/1/19 2,000 2,192
Harris County TX Sports Authority Revenue 5.000% 11/15/20 3,300 3,669
Harris County TX Sports Authority Revenue 5.000% 11/15/20 575 636
Harris County TX Sports Authority Revenue 5.000% 11/15/21 8,115 9,207
1 Harris County TX Toll Road Revenue 1.680% 8/15/18 4,000 4,002
1 Harris County TX Toll Road Revenue PUT 1.600% 8/15/18 34,250 34,237
Houston TX Airport System Revenue 5.000% 7/1/17 1,500 1,511
Houston TX Airport System Revenue 5.000% 7/1/18 (14) 6,070 6,115
Houston TX Airport System Revenue 5.000% 7/1/18 1,720 1,799
Houston TX Airport System Revenue 5.000% 7/1/19 (14) 3,960 3,989
Houston TX Community College System GO 5.000% 2/15/18 2,500 2,582
Houston TX Community College System GO 5.000% 2/15/19 870 931
Houston TX Community College System GO 5.000% 2/15/19 2,860 3,061
Houston TX Community College System Revenue 5.000% 4/15/20 1,000 1,109
Houston TX Community College System Revenue 5.000% 4/15/22 1,885 2,183
Houston TX Community College System Revenue 5.000% 4/15/23 2,000 2,348
Houston TX Community College System Revenue 5.000% 4/15/24 2,880 3,424
Houston TX GO 5.000% 3/1/18 1,000 1,034
Houston TX GO 5.000% 3/1/19 10,000 10,708
Houston TX GO 5.000% 3/1/19 12,195 13,058
Houston TX GO 5.000% 3/1/19 1,135 1,215
Houston TX GO 5.000% 3/1/19 (Prere.) 4,460 4,782
Houston TX GO 5.000% 3/1/22 20,000 23,141
Houston TX GO 5.000% 3/1/23 9,105 10,680
Houston TX GO 5.000% 3/1/24 540 579
Houston TX Hotel Occupancy Tax & Special Revenue (Convention & Entertainment Facilities) 5.000% 9/1/19 700 759
Houston TX Hotel Occupancy Tax & Special Revenue (Convention & Entertainment Facilities) 5.000% 9/1/21 1,500 1,699
Houston TX Independent School District GO 5.000% 2/15/18 1,755 1,812
Houston TX Independent School District GO 5.000% 2/15/19 2,890 3,096
Houston TX Utility System Revenue 5.000% 11/15/17 13,500 13,807
Houston TX Utility System Revenue 5.250% 11/15/17 (4) 13,600 13,928
Houston TX Utility System Revenue 5.000% 11/15/18 2,500 2,654
Houston TX Utility System Revenue 5.000% 11/15/19 3,000 3,291
Houston TX Utility System Revenue 5.000% 5/15/20 6,000 6,670
Houston TX Utility System Revenue 5.000% 11/15/20 3,500 3,944
Houston TX Utility System Revenue 5.000% 11/15/20 5,000 5,639
Houston TX Utility System Revenue 5.000% 5/15/21 5,000 5,705
Houston TX Utility System Revenue 5.000% 11/15/21 5,000 5,763
Houston TX Utility System Revenue 5.000% 11/15/21 5,460 6,306
Houston TX Utility System Revenue 5.000% 11/15/22 3,205 3,770
Houston TX Utility System Revenue 5.000% 11/15/22 7,115 8,381
Houston TX Utility System Revenue 5.000% 11/15/23 7,400 8,849
1 Houston TX Utility System Revenue PUT 1.650% 6/1/17 18,000 18,004
1 Houston TX Utility System Revenue PUT 1.800% 5/1/20 19,500 19,495
Houston TX Utility System Revenue VRDO 0.910% 5/5/17 LOC 21,300 21,300
Irving TX Independent School District GO 5.000% 2/15/22 3,750 4,359
Irving TX Independent School District GO 5.000% 2/15/23 2,000 2,366
Katy TX Independent School District GO 5.000% 2/15/21 2,185 2,483
Katy TX Independent School District GO 5.000% 2/15/22 2,295 2,668

 

106

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Katy TX Independent School District GO 5.000% 2/15/23 1,510 1,786
1 Katy TX Independent School District GO PUT 1.216% 8/15/19 14,470 14,458
Keller TX Independent School District GO 5.000% 8/15/20 2,650 2,972
Keller TX Independent School District GO 5.000% 8/15/22 3,000 3,516
Kerrville TX Health Facilities Development Corp. Hospital Revenue        
(Peterson Regional Medical Center Project) 5.000% 8/15/21 800 897
Kerrville TX Health Facilities Development Corp. Hospital Revenue        
(Peterson Regional Medical Center Project) 5.000% 8/15/22 1,000 1,134
Klein TX Independent School District GO 5.000% 8/1/20 2,500 2,800
Klein TX Independent School District GO 5.000% 8/1/21 8,550 9,831
Klein TX Independent School District GO 5.000% 8/1/22 5,000 5,868
Lamar TX Consolidated Independent School District GO 5.000% 2/15/19 2,705 2,897
Lamar TX Consolidated Independent School District GO 5.000% 2/15/20 3,005 3,322
Lamar TX Consolidated Independent School District GO 5.000% 2/15/21 2,320 2,637
Lamar TX Consolidated Independent School District GO 5.000% 2/15/22 2,500 2,906
Leander TX Independent School District GO 0.000% 8/16/20 2,675 2,562
Leander TX Independent School District GO 0.000% 8/16/21 5,395 5,040
Leander TX Independent School District GO 0.000% 8/16/22 9,615 8,728
Leander TX Independent School District GO 0.000% 8/16/23 8,500 7,493
Lewisville TX Independent School District GO 4.000% 8/15/20 1,000 1,088
Lewisville TX Independent School District GO 5.000% 8/15/20 18,000 20,184
Lewisville TX Independent School District GO 4.000% 8/15/21 2,240 2,481
Lewisville TX Independent School District GO 5.000% 8/15/21 12,700 14,615
Lewisville TX Independent School District GO 5.000% 8/15/22 7,500 8,810
Lewisville TX Independent School District GO 5.000% 8/15/22 2,605 3,051
Lone Star College System Texas GO 5.000% 2/15/22 6,000 6,948
Lower Colorado River Authority Texas Revenue 5.000% 5/15/17 1,710 1,713
Lower Colorado River Authority Texas Revenue 5.000% 5/15/22 850 982
Lower Colorado River Authority Texas Revenue 5.000% 5/15/23 1,200 1,409
Lower Colorado River Authority Texas Transmission Contract Revenue        
(LCRA Transmission Services Corp.) 5.000% 5/15/20 1,000 1,108
Lower Colorado River Authority Texas Transmission Contract Revenue        
(LCRA Transmission Services Corp.) 5.000% 5/15/21 1,255 1,424
Lower Colorado River Authority Texas Transmission Contract Revenue        
(LCRA Transmission Services Corp.) 5.000% 5/15/22 2,050 2,368
Lubbock TX GO 5.000% 2/15/21 1,755 1,989
Lubbock TX GO 5.000% 2/15/21 850 963
Lubbock TX GO 5.000% 2/15/22 645 748
Lubbock TX GO 5.000% 2/15/22 1,590 1,843
Lubbock TX GO 5.000% 2/15/23 720 849
Lubbock TX GO 5.000% 2/15/23 1,780 2,099
Lubbock TX Health Facilities Development Corp. Revenue (St. Joseph Health System) 5.000% 7/1/17 4,210 4,239
Lubbock TX Health Facilities Development Corp. Revenue (St. Joseph Health System) 5.000% 7/1/18 1,765 1,845
Magnolia TX Independent School District GO 5.000% 8/15/21 1,505 1,728
Magnolia TX Independent School District GO 5.000% 8/15/22 1,580 1,852
Magnolia TX Independent School District GO 5.000% 8/15/23 510 608
Marshall TX Independent School District GO 5.000% 2/15/23 2,185 2,585
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(Westminster Manor Project) 5.000% 11/1/23 500 565
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(Westminster Manor Project) 5.000% 11/1/24 625 707
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Tarleton State University Project) 4.000% 4/1/20 180 188
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Tarleton State University Project) 4.000% 4/1/21 310 325
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Tarleton State University Project) 4.000% 4/1/22 215 227
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Texas A&M University Project) 5.000% 7/1/23 1,265 1,409
Newark TX Cultural Education Facilities Finance Corp. Revenue 5.000% 11/15/22 1,000 1,153
Newark TX Cultural Education Facilities Finance Corp. Revenue 5.000% 11/15/23 1,000 1,168
North Central TX Health Facilities Development Corp. Hospital Revenue        
(Children’s Medical Center of Dallas Project) 5.000% 8/15/17 1,000 1,012
North Central TX Health Facilities Development Corp. Hospital Revenue        
(Children’s Medical Center of Dallas Project) 5.000% 8/15/18 750 788
North Central TX Health Facilities Development Corp. Hospital Revenue        
(Children’s Medical Center of Dallas Project) 5.000% 8/15/19 1,900 2,063
North East TX Independent School District GO 5.000% 2/1/22 6,985 8,113
North East TX Independent School District GO PUT 1.420% 8/1/21 9,000 8,874
North East TX Regional Mobility Authority Revenue 5.000% 1/1/23 900 1,011
North East TX Regional Mobility Authority Revenue 5.000% 1/1/24 1,285 1,455

 

107

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
North Texas Tollway Authority System Revenue 4.000% 9/1/17 1,725 1,743
North Texas Tollway Authority System Revenue 5.000% 9/1/17 1,480 1,501
North Texas Tollway Authority System Revenue 5.000% 1/1/19 4,000 4,257
North Texas Tollway Authority System Revenue 5.000% 1/1/20 5,000 5,486
North Texas Tollway Authority System Revenue 5.000% 1/1/20 4,000 4,389
North Texas Tollway Authority System Revenue 5.000% 1/1/20 700 764
North Texas Tollway Authority System Revenue 5.000% 1/1/20 2,000 2,194
North Texas Tollway Authority System Revenue 5.000% 1/1/21 11,280 12,691
North Texas Tollway Authority System Revenue 5.000% 1/1/21 1,000 1,116
North Texas Tollway Authority System Revenue 5.000% 1/1/21 3,600 4,050
North Texas Tollway Authority System Revenue 5.000% 1/1/22 5,250 6,025
North Texas Tollway Authority System Revenue 5.000% 1/1/22 1,500 1,713
North Texas Tollway Authority System Revenue 5.000% 1/1/22 6,155 7,064
North Texas Tollway Authority System Revenue 5.000% 1/1/23 9,500 11,094
1 North Texas Tollway Authority System Revenue PUT 1.700% 1/1/19 15,000 14,990
1 North Texas Tollway Authority System Revenue PUT 1.570% 1/1/20 29,690 29,607
2 North Texas Tollway Authority System Revenue TOB VRDO 1.050% 5/5/17 LOC 17,780 17,780
Northside Independent School District Texas GO PUT 2.125% 8/1/20 6,485 6,498
Northside Independent School District Texas GO PUT 1.750% 6/1/22 12,500 12,500
Olmos Park TX Higher Education Facilities Corp. Revenue        
(University of the Incarnate Word Project) 5.000% 12/1/19 1,735 1,890
Pasadena TX Independent School District GO VRDO 0.910% 5/5/17 (4) 14,000 14,000
Port Authority of Houston TX GO 5.000% 10/1/20 3,110 3,495
Port Authority of Houston TX GO 5.000% 10/1/21 8,900 10,251
Port Authority of Houston TX GO 5.000% 10/1/22 2,700 3,173
Prosper TX Independent School District GO 5.000% 2/15/21 1,190 1,350
Prosper TX Independent School District GO 5.000% 2/15/22 1,315 1,525
Prosper TX Independent School District GO 5.000% 2/15/23 400 472
Richardson TX Independent School District GO 5.000% 2/15/22 2,500 2,914
Richardson TX Independent School District GO 5.000% 2/15/23 3,000 3,556
Rockwall TX GO 5.000% 8/1/21 800 916
Rockwall TX GO 5.000% 8/1/22 2,770 3,225
Rockwall TX GO 5.000% 8/1/23 1,635 1,936
Round Rock TX Independent School District GO 5.000% 8/1/21 3,095 3,559
Round Rock TX Independent School District GO 5.000% 8/1/22 1,000 1,174
Round Rock TX Independent School District GO 5.000% 8/1/23 2,000 2,386
SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue 5.500% 8/1/21 5,100 5,767
Sam Rayburn TX Municipal Power Agency Revenue 5.000% 10/1/18 2,250 2,367
Sam Rayburn TX Municipal Power Agency Revenue 5.000% 10/1/19 1,000 1,083
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/20 6,980 7,711
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/21 5,450 6,187
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/21 12,000 13,623
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/22 4,000 4,646
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/22 11,750 13,648
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/23 26,500 31,323
1 San Antonio TX Electric & Gas Systems Revenue PUT 1.280% 2/1/18 27,250 27,216
San Antonio TX Electric & Gas Systems Revenue PUT 2.000% 12/1/18 10,165 10,301
San Antonio TX Electric & Gas Systems Revenue PUT 3.000% 12/1/20 20,000 21,002
San Antonio TX GO 5.000% 8/1/17 1,070 1,082
San Antonio TX GO 5.000% 2/1/18 3,500 3,610
San Antonio TX GO 5.000% 8/1/18 1,000 1,051
San Antonio TX GO 5.000% 2/1/20 2,500 2,763
San Antonio TX GO 5.000% 2/1/21 3,500 3,978
San Antonio TX GO 5.000% 2/1/22 3,000 3,491
San Antonio TX Independent School District GO 5.000% 8/15/22 1,330 1,562
San Antonio TX Independent School District GO PUT 2.000% 8/1/18 7,270 7,344
San Antonio TX Water Revenue 5.000% 5/15/17 2,160 2,164
San Antonio TX Water Revenue 5.000% 5/15/19 2,250 2,427
San Antonio TX Water Revenue 5.000% 5/15/20 1,500 1,667
San Antonio TX Water Revenue 5.000% 5/15/20 1,500 1,667
San Antonio TX Water Revenue 5.000% 5/15/21 1,000 1,140
San Antonio TX Water Revenue 5.000% 5/15/22 1,750 2,037
1 San Antonio TX Water Revenue PUT 1.300% 11/1/17 19,375 19,379
San Antonio TX Water Revenue PUT 2.000% 11/1/21 40,000 40,780
Schertz-Cibolo-Universal City TX Independent School District GO 5.000% 2/1/23 3,830 4,518
Southwest Texas Higher Education Authority Inc. Revenue        
(Southern Methodist University Project) 5.000% 10/1/20 3,000 3,371
Southwest Texas Higher Education Authority Inc. Revenue        
(Southern Methodist University Project) 5.000% 10/1/21 2,500 2,878
Southwest Texas Higher Education Authority Inc. Revenue        
(Southern Methodist University Project) 5.000% 10/1/22 3,900 4,579

 

108

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Spring Branch TX Independent School District GO 5.000% 2/1/22 5,000 5,807
Stephen F Austin TX State University Revenue 5.000% 10/15/23 1,050 1,237
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Hendrick Medical Center) 5.000% 9/1/21 1,200 1,358
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Methodist Hospitals of Dallas) 5.000% 10/1/19 2,225 2,422
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Methodist Hospitals of Dallas) 5.000% 10/1/20 1,845 2,064
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Methodist Hospitals of Dallas) 5.000% 10/1/21 2,400 2,746
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Scott & White Healthcare Project) 5.000% 8/15/17 (ETM) 150 152
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Scott & White Healthcare Project) 5.000% 8/15/17 (ETM) 1,850 1,873
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Scott & White Healthcare Project) 5.000% 8/15/20 1,520 1,693
Tarrant County TX Cultural Education Facilities Finance Corp. Retirement Facilities Revenue        
(Buckingham Senior Living Community Inc.) 3.875% 11/15/20 1,750 1,750
Tarrant Regional Water District Texas Water Revenue 5.000% 3/1/21 1,000 1,138
Tarrant Regional Water District Texas Water Revenue 5.000% 3/1/22 1,375 1,599
Texas A&M University System Revenue Board of Regents Revenue 5.000% 5/15/21 4,425 5,057
Texas A&M University System Revenue Board of Regents Revenue 5.000% 5/15/22 6,000 6,998
Texas A&M University System Revenue Board of Regents Revenue 5.000% 5/15/23 13,235 15,737
Texas GO 5.000% 10/1/17 7,500 7,630
Texas GO 5.000% 10/1/18 7,500 7,928
Texas GO 5.000% 10/1/18 4,650 4,920
Texas GO 5.000% 10/1/19 8,000 8,764
Texas GO 5.000% 10/1/20 10,000 11,282
Texas GO 5.000% 4/1/21 3,490 3,983
Texas GO 5.000% 10/1/21 5,950 6,871
Texas GO 5.000% 10/1/21 19,000 21,942
1 Texas Municipal Gas Acquisition & Supply Corp. Revenue 1.370% 9/15/17 1,665 1,664
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/17 2,425 2,487
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.625% 12/15/17 14,935 15,306
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/18 1,740 1,841
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/19 5,000 5,450
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/19 6,495 7,052
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/20 6,000 6,705
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/20 3,750 4,150
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/21 2,125 2,425
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/22 1,000 1,144
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/23 3,415 3,929
Texas Public Finance Authority Revenue (Midwestern State University) 5.000% 12/1/20 1,000 1,119
Texas Public Finance Authority Revenue (Midwestern State University) 5.000% 12/1/21 1,250 1,428
Texas Public Finance Authority Revenue (Midwestern State University) 5.000% 12/1/22 675 781
Texas Public Finance Authority Revenue (Midwestern State University) 5.000% 12/1/23 1,720 2,021
Texas Public Finance Authority Revenue (Unemployment Compensation) 4.000% 1/1/18 3,480 3,489
Texas State University System Financing System Revenue 5.000% 3/15/21 2,250 2,557
Texas State University System Financing System Revenue 5.000% 3/15/22 1,845 2,143
Texas State University System Financing System Revenue 5.000% 3/15/23 2,200 2,597
Texas Tech University System Financing System Revenue 5.000% 8/15/17 2,115 2,141
Texas Tech University System Financing System Revenue 5.000% 8/15/18 3,065 3,224
Texas Tech University System Financing System Revenue 5.000% 8/15/19 3,040 3,310
Texas Tech University System Financing System Revenue 5.000% 8/15/20 5,000 5,606
Texas Transportation Commission GO 5.000% 4/1/19 13,425 14,461
Texas Transportation Commission GO 5.000% 4/1/20 11,465 12,750
Texas Transportation Commission GO 5.000% 10/1/20 15,000 16,923
Texas Transportation Commission GO 5.000% 10/1/21 15,000 17,323
Texas Transportation Commission GO 5.000% 4/1/22 13,925 16,247
Texas Transportation Commission GO 5.000% 10/1/22 16,855 19,867
Texas Transportation Commission GO 5.000% 10/1/24 9,295 11,274
1 Texas Transportation Commission GO PUT 1.280% 10/1/18 50,000 49,981
Texas Transportation Commission Revenue 5.000% 10/1/19 24,000 26,255
Texas Transportation Commission Revenue 5.000% 10/1/20 35,000 39,411
Texas Transportation Commission Revenue 5.000% 10/1/21 10,000 11,549
Texas Transportation Commission Revenue 5.000% 10/1/21 37,000 42,729
Texas Transportation Commission Revenue 5.000% 10/1/22 5,000 5,893
Texas Transportation Commission Revenue 5.000% 10/1/23 4,420 5,293
Texas Transportation Commission Turnpike System Revenue PUT 5.000% 4/1/20 19,200 21,055
Texas Turnpike Authority Central Texas Turnpike System Revenue 0.000% 8/15/22 (ETM) 1,920 1,752
Texas Turnpike Authority Central Texas Turnpike System Revenue 0.000% 8/15/22 (2) 8,365 7,430

 

109

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Texas Water Development Board Revenue 5.000% 4/15/22 4,810 5,617
Texas Water Development Board Revenue 5.000% 4/15/22 5,250 6,130
Texas Water Development Board Revenue 5.000% 10/15/22 3,480 4,105
Tomball TX Independent School District GO PUT 1.100% 8/15/19 4,500 4,463
University of Houston Texas Revenue 5.000% 2/15/20 6,100 6,738
University of Houston Texas Revenue 5.000% 2/15/21 4,405 4,995
University of Houston Texas Revenue 5.000% 2/15/23 6,880 8,109
University of North Texas Revenue 5.000% 4/15/18 1,000 1,038
University of North Texas Revenue 5.000% 4/15/20 (ETM) 325 361
University of North Texas Revenue 5.000% 4/15/20 2,180 2,416
University of North Texas Revenue 5.000% 4/15/21 1,750 1,988
University of North Texas Revenue 5.000% 4/15/22 1,000 1,163
University of North Texas Revenue 5.000% 4/15/23 1,200 1,418
University of Texas Permanent University Fund Revenue 5.000% 7/1/20 4,020 4,489
University of Texas Permanent University Fund Revenue 5.000% 7/1/21 1,250 1,433
University of Texas Permanent University Fund Revenue 5.000% 7/1/21 4,175 4,788
University of Texas Permanent University Fund Revenue 5.000% 7/1/22 1,500 1,756
University of Texas Permanent University Fund Revenue 5.000% 7/1/22 2,000 2,341
University of Texas Permanent University Fund Revenue 5.000% 7/1/22 2,820 3,302
University of Texas Permanent University Fund Revenue 5.000% 7/1/23 1,250 1,490
University of Texas Permanent University Fund Revenue 5.000% 7/1/23 2,650 3,158
University of Texas System Revenue Financing System Revenue 5.000% 8/15/17 25,135 25,448
University of Texas System Revenue Financing System Revenue 5.000% 8/15/18 6,505 6,846
University of Texas System Revenue Financing System Revenue 5.000% 8/15/18 4,525 4,762
University of Texas System Revenue Financing System Revenue 5.000% 8/15/19 9,255 10,080
University of Texas System Revenue Financing System Revenue 5.000% 8/15/19 5,000 5,446
University of Texas System Revenue Financing System Revenue 5.000% 8/15/20 3,660 4,109
University of Texas System Revenue Financing System Revenue 5.000% 8/15/21 2,000 2,302
University of Texas System Revenue Financing System Revenue 5.000% 8/15/21 11,860 13,649
University of Texas System Revenue Financing System Revenue 5.000% 8/15/21 5,000 5,754
University of Texas System Revenue Financing System Revenue 5.000% 8/15/22 5,260 6,180
University of Texas System Revenue Financing System Revenue 5.000% 8/15/22 5,735 6,738
University of Texas System Revenue Financing System Revenue 5.000% 8/15/22 26,500 31,136
University of Texas System Revenue Financing System Revenue 5.000% 8/15/22 2,500 2,937
University of Texas System Revenue Financing System Revenue 5.000% 8/15/23 15,000 17,953
University of Texas System Revenue Financing System Revenue 5.000% 8/15/23 3,350 4,010
University of Texas System Revenue Financing System Revenue 5.000% 8/15/23 17,465 20,903
Waller TX Independent School District GO 5.000% 2/15/22 1,095 1,270
        2,169,489
Utah (0.5%)        
Intermountain Power Agency Utah Power Supply Revenue 5.000% 7/1/17 5,625 5,665
Intermountain Power Agency Utah Power Supply Revenue 5.000% 7/1/17 1,300 1,310
Intermountain Power Agency Utah Power Supply Revenue 5.000% 7/1/18 8,000 8,371
Intermountain Power Agency Utah Power Supply Revenue 5.000% 7/1/18 2,425 2,537
Intermountain Power Agency Utah Power Supply Revenue 5.000% 7/1/19 2,360 2,552
Intermountain Power Agency Utah Power Supply Revenue 5.000% 7/1/20 3,500 3,666
University of Utah Revenue 4.000% 8/1/20 700 762
University of Utah Revenue 5.000% 8/1/21 600 689
University of Utah Revenue 5.000% 8/1/22 1,150 1,348
University of Utah Revenue 5.000% 8/1/23 600 715
Utah Associated Municipal Power Systems Revenue (Payson Power Project) 4.000% 4/1/18 3,550 3,642
Utah GO 5.000% 7/1/17 6,125 6,170
Utah GO 5.000% 7/1/17 10,000 10,073
Utah GO 5.000% 7/1/18 3,000 3,144
Utah GO 5.000% 7/1/18 19,000 19,913
Utah Transit Authority Sales Tax Revenue 1.600% 12/15/17 (Prere.) 14,000 14,058
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/21 550 625
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/22 710 821
Utah Water Finance Agency Revenue VRDO 0.940% 5/5/17 28,000 28,000
Washington County UT School District GO 5.000% 3/1/22 5,165 6,024
        120,085
Vermont (0.0%)        
Vermont Educational & Health Buildings Financing Agency Revenue        
(University of Vermont Health Network) 5.000% 12/1/21 350 399
Vermont Educational & Health Buildings Financing Agency Revenue        
(University of Vermont Health Network) 5.000% 12/1/22 650 755
        1,154
Virgin Islands (0.1%)        
Virgin Islands Public Finance Authority Revenue 5.000% 10/1/18 5,510 4,996
Virgin Islands Public Finance Authority Revenue 5.000% 10/1/19 5,790 4,914

 

110

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Virgin Islands Public Finance Authority Revenue 5.000% 9/1/20 1,000 1,080
Virgin Islands Public Finance Authority Revenue 5.000% 9/1/21 2,000 2,188
Virgin Islands Public Finance Authority Revenue 5.000% 9/1/22 2,000 2,210
        15,388
Virginia (2.2%)        
Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) 5.000% 10/1/20 2,500 2,814
Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) 5.000% 10/1/21 6,185 7,137
Fairfax County VA Economic Development Authority Transportation District Improvement Revenue        
(Silver Line Phase I Project) 5.000% 4/1/18 4,255 4,416
Fairfax County VA GO 4.000% 10/1/21 6,510 7,250
Fairfax County VA GO 3.000% 10/1/22 9,555 10,255
Fairfax County VA Public Improvement GO 5.000% 4/1/18 10,885 11,300
Halifax County VA Industrial Development Authority Revenue (Virginia Electric & Power Co.) PUT 2.150% 9/1/20 10,000 10,129
Henrico County VA School District GO 5.000% 8/1/20 1,055 1,184
Lexington VA Industrial Development Authority Residential Care Facility Revenue        
(Kendall at Lexington Corp.) 4.000% 1/1/21 440 469
Lexington VA Industrial Development Authority Residential Care Facility Revenue        
(Kendall at Lexington Corp.) 4.000% 1/1/22 530 568
Lexington VA Industrial Development Authority Residential Care Facility Revenue        
(Kendall at Lexington Corp.) 4.000% 1/1/23 825 886
Lexington VA Industrial Development Authority Residential Care Facility Revenue        
(Kendall at Lexington Corp.) 4.000% 1/1/24 1,015 1,088
Loudoun County VA GO 5.000% 12/1/18 3,435 3,655
Louisa VA Industrial Development Authority Poll Control Revenue        
(Virginia Electric & Power Co.) PUT 1.750% 5/16/19 10,000 10,093
Newport News VA Economical Development Authority Residential Care Facilities Revenue 4.000% 12/1/21 2,800 2,897
Newport News VA Economical Development Authority Residential Care Facilities Revenue 4.000% 12/1/22 2,900 2,995
Newport News VA Economical Development Authority Residential Care Facilities Revenue 4.000% 12/1/23 3,070 3,154
Norfolk VA GO 5.000% 10/1/22 2,535 2,988
Norfolk VA GO 5.000% 10/1/23 360 431
Peninsula VA Ports Authority Coal Terminal Revenue PUT 1.550% 10/1/19 1,875 1,866
Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) 5.000% 7/1/19 5,015 5,416
Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) 5.000% 7/1/20 1,460 1,622
University of Virginia Revenue 5.000% 9/1/17 1,275 1,293
University of Virginia Revenue 5.000% 6/1/20 500 559
University of Virginia Revenue 5.000% 6/1/21 2,660 3,057
University of Virginia Revenue 5.000% 8/1/21 33,000 38,078
Virginia Beach VA GO 5.000% 4/1/18 3,250 3,374
Virginia Beach VA GO 5.000% 7/15/18 2,995 3,143
Virginia Beach VA GO 5.000% 5/1/20 4,300 4,791
Virginia College Building Authority Educational Facilities Revenue        
(21st Century College & Equipment Programs) 5.000% 2/1/18 9,585 9,884
Virginia College Building Authority Educational Facilities Revenue        
(21st Century College & Equipment Programs) 5.000% 2/1/22 19,465 22,628
Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) 5.000% 7/1/17 1,150 1,156
Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) 5.000% 7/1/18 425 438
Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) 5.000% 7/1/19 425 448
Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) 5.000% 7/1/20 275 294
Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) 5.000% 7/1/21 1,000 1,084
Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) 5.000% 7/1/21 1,140 1,235
Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) 5.000% 7/1/22 570 623
Virginia College Building Authority Educational Facilities Revenue        
(Public Higher Education Financing Program) 5.000% 9/1/20 7,685 8,631
Virginia College Building Authority Educational Facilities Revenue        
(Public Higher Education Financing Program) 5.000% 9/1/21 18,585 21,407
Virginia College Building Authority Educational Facilities Revenue        
(Public Higher Education Financing Program) 5.000% 9/1/21 10,990 12,659
Virginia College Building Authority Educational Facilities Revenue        
(Public Higher Education Financing Program) 5.000% 9/1/22 11,870 13,955
Virginia College Building Authority Educational Facilities Revenue        
(Public Higher Education Financing Program) 5.000% 9/1/23 12,110 14,465
Virginia Commonwealth Transportation Board GAN 5.000% 9/15/20 3,130 3,519
Virginia Commonwealth Transportation Board Revenue 5.000% 9/15/17 2,970 3,017
Virginia Commonwealth Transportation Board Revenue 5.000% 3/15/18 3,280 3,398
Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/18 8,115 8,466
Virginia Commonwealth Transportation Board Revenue 5.000% 3/15/19 1,750 1,880
Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/19 8,525 9,222
Virginia Commonwealth Transportation Board Revenue 5.000% 9/15/19 1,605 1,753
Virginia Commonwealth Transportation Board Revenue 5.000% 3/15/22 4,000 4,659
Virginia Commonwealth Transportation Board Revenue 5.000% 9/15/22 3,865 4,547

 

111

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Virginia Commonwealth Transportation Board Revenue 5.000% 3/15/23 2,685 3,181
Virginia Commonwealth Transportation Board Revenue 5.000% 9/15/23 5,000 5,976
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/17 12,550 12,686
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/18 4,725 4,965
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/19 8,530 9,282
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/19 4,965 5,403
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/19 17,870 19,444
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/19 (Prere.) 11,350 12,339
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/20 5,220 5,851
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/20 18,830 21,107
Virginia Public School Authority Revenue 5.000% 8/1/18 16,665 17,510
Virginia Public School Authority Revenue 5.000% 8/1/19 16,220 17,645
Virginia Public School Authority Revenue 5.000% 8/1/20 20,425 22,888
Virginia Public School Authority Revenue 5.000% 8/1/21 36,405 41,890
Virginia Resources Authority Clean Water Revenue (State Revolving Fund) 5.000% 10/1/18 5,360 5,668
Virginia Resources Authority Clean Water Revenue (State Revolving Fund) 5.000% 10/1/19 3,500 3,830
Wise County VA Industrial Development Authority Solid Waste & Sewage Disposal Revenue        
(Virginia Electric & Power Co.) PUT 1.875% 6/1/20 8,000 7,989
York County VA Economic Development Authority Pollution Control Revenue        
(VA Electric & Power Co. Project) PUT 1.875% 5/16/19 5,000 5,052
        518,982
Washington (2.5%)        
2 Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue TOB VRDO 0.920% 5/1/17 18,775 18,775
Central Washington University System Revenue 5.000% 5/1/17 1,860 1,861
Central Washington University System Revenue 5.000% 5/1/18 1,960 2,038
Central Washington University System Revenue 5.000% 5/1/19 2,050 2,205
Central Washington University System Revenue 5.000% 5/1/20 2,150 2,375
Energy Northwest Washington Electric Revenue (Columbia Generating Station) 5.000% 7/1/18 22,000 23,044
Energy Northwest Washington Electric Revenue (Columbia Generating Station) 5.000% 7/1/20 1,160 1,297
Energy Northwest Washington Electric Revenue (Project No. 1) 5.000% 7/1/17 14,000 14,103
Energy Northwest Washington Electric Revenue (Project No. 3) 5.000% 7/1/17 20,000 20,146
1 Everett WA GO PUT 1.300% 12/1/19 3,725 3,680
1 Grant County WA Public Utility District No. 2 Electric System Revenue PUT 1.220% 12/1/17 10,000 9,983
King County WA (Public Hospital District) GO 5.000% 12/1/19 2,500 2,740
King County WA (Public Hospital District) GO 5.000% 12/1/20 2,500 2,819
King County WA School District No. 216 GO 4.000% 12/1/18 1,250 1,308
King County WA School District No. 216 GO 4.000% 12/1/19 1,360 1,458
King County WA School District No. 216 GO 5.000% 12/1/20 2,085 2,351
King County WA School District No. 216 GO 5.000% 12/1/21 2,265 2,614
King County WA School District No. 414 GO 5.000% 12/1/22 4,000 4,721
King County WA Sewer Revenue 5.000% 1/1/19 12,835 13,694
King County WA Sewer Revenue 5.000% 7/1/22 5,330 6,257
Lewis County WA Public Utility District No. 1 Revenue (Cowlitz Falls Hydroelectric Project) 5.000% 10/1/18 1,400 1,478
Lewis County WA Public Utility District No. 1 Revenue (Cowlitz Falls Hydroelectric Project) 5.000% 10/1/20 1,000 1,122
Lewis County WA Public Utility District No. 1 Revenue (Cowlitz Falls Hydroelectric Project) 5.000% 10/1/21 1,000 1,149
Port of Seattle WA Passenger Facility Charge Revenue 5.000% 12/1/17 4,000 4,096
Port of Seattle WA Revenue 5.000% 3/1/20 4,000 4,405
Port of Seattle WA Revenue 5.000% 3/1/22 1,250 1,440
Seattle WA GO 5.000% 5/1/18 7,935 8,267
Seattle WA GO 5.000% 5/1/19 8,385 9,064
Seattle WA GO 5.000% 6/1/22 15,755 18,531
1 Seattle WA Municipal Light & Power Revenue PUT 1.580% 11/1/18 6,750 6,750
1 Seattle WA Municipal Light & Power Revenue PUT 1.580% 11/1/18 8,250 8,250
Skagit County WA Public Hospital District Revenue 3.000% 12/1/17 325 328
Skagit County WA Public Hospital District Revenue 4.000% 12/1/18 400 414
Skagit County WA Public Hospital District Revenue 4.000% 12/1/20 1,705 1,806
Skagit County WA Public Hospital District Revenue 4.000% 12/1/22 1,340 1,428
Skagit County WA Public Hospital District Revenue 4.000% 12/1/23 1,915 2,044
Snohomish County WA School District No. 15 (Edmonds) GO 5.000% 12/1/20 1,000 1,128
Snohomish County WA School District No. 4 (Lake Stevens) GO 5.000% 12/1/21 735 849
Snohomish County WA School District No. 4 (Lake Stevens) GO 5.000% 12/1/22 700 824
Tobacco Settlement Authority Washington Revenue 5.000% 6/1/25 3,740 3,751
University of Washington Revenue 5.000% 4/1/18 7,225 7,500
Washington (Motor Vehicle Fuel Tax) GO 5.000% 7/1/19 10,000 10,852
Washington (Motor Vehicle Fuel Tax) GO 5.000% 7/1/20 41,360 46,255
Washington (Motor Vehicle Fuel Tax) GO 5.000% 7/1/21 41,175 47,292
Washington Economic Development Finance Authority Lease Revenue        
(Washington Biomedical Research Properties 2) 5.000% 6/1/18 1,150 1,200
Washington Economic Development Finance Authority Lease Revenue        
(Washington Biomedical Research Properties 2) 5.000% 6/1/19 850 918

 

112

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Washington Economic Development Finance Authority Solid Waste Disposal Revenue        
(Waste Management Inc. Project) PUT 1.250% 11/1/17 2,525 2,527
Washington Federal Highway Grant Anticipation Revenue (520 Corridor Program) 5.000% 9/1/18 14,273 15,033
Washington Federal Highway Grant Anticipation Revenue (520 Corridor Program) 5.000% 9/1/20 9,210 10,308
Washington GO 5.000% 7/1/17 5,000 5,037
Washington GO 5.000% 8/1/17 11,175 11,296
Washington GO 5.000% 8/1/17 6,605 6,676
Washington GO 5.000% 7/1/18 21,220 22,229
Washington GO 5.000% 7/1/18 24,315 25,471
Washington GO 5.000% 7/1/18 15,000 15,713
Washington GO 5.000% 7/1/19 19,770 21,454
Washington GO 5.000% 7/1/19 14,580 15,822
Washington GO 5.000% 7/1/20 9,070 10,143
Washington GO 5.000% 8/1/20 10,000 11,209
Washington GO 5.000% 7/1/21 11,000 12,280
Washington GO 5.000% 8/1/23 14,325 17,086
2 Washington GO TOB VRDO 0.930% 5/5/17 17,785 17,785
Washington Health Care Facilities Authority Revenue        
(Central Washington Health Services Association) 5.000% 7/1/20 875 959
Washington Health Care Facilities Authority Revenue        
(Central Washington Health Services Association) 5.000% 7/1/21 1,000 1,115
Washington Health Care Facilities Authority Revenue        
(Central Washington Health Services Association) 5.000% 7/1/22 1,965 2,215
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 4.000% 8/15/19 850 904
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.000% 8/15/19 1,000 1,086
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 4.000% 8/15/20 1,000 1,085
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.000% 8/15/20 1,380 1,541
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 4.000% 8/15/21 1,000 1,102
Washington Health Care Facilities Authority Revenue (PeaceHealth) 5.000% 11/15/20 1,000 1,120
Washington Health Care Facilities Authority Revenue (PeaceHealth) 5.000% 11/15/21 1,000 1,144
Washington Health Care Facilities Authority Revenue (Providence Health & Services) 5.000% 10/1/17 1,360 1,384
Washington Health Care Facilities Authority Revenue (Providence Health & Services) 5.000% 10/1/18 700 739
Washington Health Care Facilities Authority Revenue (Providence Health & Services) 5.000% 10/1/19 1,000 1,092
Washington Health Care Facilities Authority Revenue (Providence Health & Services) 5.000% 10/1/22 1,800 2,108
Washington Health Care Facilities Authority Revenue (Providence Health & Services) PUT 5.000% 10/1/21 3,085 3,516
Washington Health Care Facilities Authority Revenue (Providence Health & Services) VRDO 0.900% 5/5/17 11,350 11,350
Washington Health Care Facilities Authority Revenue (Seattle Cancer Care Alliance) 5.000% 3/1/19 600 639
Washington Health Care Facilities Authority Revenue (Seattle Cancer Care Alliance) 5.000% 3/1/20 1,105 1,209
Washington Health Care Facilities Authority Revenue (Seattle Cancer Care Alliance) 4.000% 3/1/21 800 863
Washington Health Care Facilities Authority Revenue (Seattle Cancer Care Alliance) 5.000% 3/1/22 735 839
Washington Housing Finance Commission Multi-Family Housing Revenue        
(Heron’s Key Obligated Group) 4.875% 1/1/22 3,000 2,979
Washington State University General Revenue 5.000% 4/1/20 1,100 1,220
Washington State University General Revenue 5.000% 4/1/21 1,300 1,480
Washington State University General Revenue 5.000% 4/1/22 1,400 1,627
        591,995
West Virginia (0.2%)        
Mason County WV Pollution Control Revenue (Appalachian Power Co. Project) PUT 1.625% 10/1/18 6,000 6,040
West Virginia Economic Development Authority Pollution Control Revenue        
(American Electric Power Co.Inc.) 3.250% 5/1/19 10,000 10,226
West Virginia Economic Development Authority Solid Waste Facilities Disposal Revenue        
(Appalachian Power Co. - Amos Project) PUT 1.900% 4/1/19 5,000 5,009
West Virginia GO 5.000% 6/1/22 11,010 12,879
West Virginia University Revenue 5.000% 10/1/18 1,300 1,373
1 West Virginia University Revenue PUT 1.430% 10/1/19 3,500 3,495
West Virginia Water Development Authority Infrastructure Excess Lottery Revenue        
(Chesapeake Bay/Greenbrier River Projects) 5.000% 7/1/21 750 859
        39,881
Wisconsin (1.3%)        
Madison WI Community Development Authority Revenue (Wisconsin Alumni Research Project) 5.000% 10/1/17 3,370 3,428
Milwaukee WI GO 2.000% 10/1/17 53,750 54,004
Milwaukee WI GO 5.000% 5/1/18 11,655 12,133
Milwaukee WI Sewerage System Revenue 5.000% 6/1/21 3,440 3,940
Milwaukee WI Sewerage System Revenue 5.000% 6/1/22 3,615 4,229
Milwaukee WI Sewerage System Revenue 5.000% 6/1/23 3,800 4,519
University of Wisconsin Hospitals & Clinics Authority Revenue 5.000% 4/1/18 750 778
University of Wisconsin Hospitals & Clinics Authority Revenue 5.000% 4/1/20 660 730
Wisconsin Clean Water Revenue 5.000% 6/1/22 5,500 6,434
Wisconsin GO 5.000% 5/1/17 (ETM) 4,700 4,702
Wisconsin GO 5.000% 5/1/17 3,240 3,241

 

113

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Wisconsin GO 5.000% 5/1/17 (ETM) 160 160
Wisconsin GO 5.000% 5/1/17 7,000 7,002
Wisconsin GO 5.000% 11/1/17 4,500 4,596
Wisconsin GO 5.000% 11/1/18 11,000 11,668
Wisconsin GO 5.000% 5/1/19 5,000 5,397
Wisconsin GO 5.000% 5/1/19 5,000 5,397
Wisconsin GO 5.000% 11/1/19 3,100 3,402
Wisconsin GO 5.000% 5/1/20 5,250 5,847
Wisconsin GO 5.000% 11/1/20 7,400 8,357
Wisconsin GO 5.000% 5/1/24 9,045 10,543
Wisconsin Health & Educational Facilities Authority Health Facilities Revenue        
(Iowa Health System Obligated Group) 5.000% 12/1/18 850 902
Wisconsin Health & Educational Facilities Authority Health Facilities Revenue        
(Iowa Health System Obligated Group) 5.000% 12/1/20 820 921
Wisconsin Health & Educational Facilities Authority Revenue        
(Ascension Health Alliance Credit Group) PUT 5.000% 6/1/20 34,460 38,193
Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) 5.000% 7/15/17 5,025 5,065
Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) 5.000% 7/15/17 1,000 1,008
Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) 5.000% 7/15/19 1,160 1,248
Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) 5.000% 7/15/23 13,000 14,546
Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) PUT 1.250% 8/15/17 6,250 6,249
Wisconsin Health & Educational Facilities Authority Revenue (Froedtert Health Inc.) 5.000% 4/1/22 1,000 1,156
Wisconsin Health & Educational Facilities Authority Revenue (Froedtert Health Inc.) 5.000% 4/1/23 1,000 1,172
Wisconsin Health & Educational Facilities Authority Revenue (Froedtert Health Inc.) 5.000% 4/1/24 1,050 1,244
Wisconsin Health & Educational Facilities Authority Revenue        
(Hospital Sisters Services Inc. Obligated Group) 4.000% 8/15/17 1,000 1,009
Wisconsin Health & Educational Facilities Authority Revenue        
(Hospital Sisters Services Inc. Obligated Group) 5.000% 8/15/18 1,000 1,050
Wisconsin Health & Educational Facilities Authority Revenue        
(Hospital Sisters Services Inc. Obligated Group) 5.000% 11/15/18 750 795
Wisconsin Health & Educational Facilities Authority Revenue        
(Hospital Sisters Services Inc. Obligated Group) 4.000% 8/15/19 1,500 1,595
Wisconsin Health & Educational Facilities Authority Revenue        
(Hospital Sisters Services Inc. Obligated Group) 5.000% 11/15/19 1,500 1,642
Wisconsin Health & Educational Facilities Authority Revenue        
(Hospital Sisters Services Inc. Obligated Group) 5.000% 8/15/20 5,335 5,954
Wisconsin Health & Educational Facilities Authority Revenue        
(Hospital Sisters Services Inc. Obligated Group) 5.000% 11/15/20 2,275 2,557
Wisconsin Health & Educational Facilities Authority Revenue        
(Hospital Sisters Services Inc. Obligated Group) 5.000% 11/15/21 2,485 2,857
Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) 5.000% 10/1/21 630 719
Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) 5.000% 10/1/22 350 405
Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) 5.000% 10/1/23 325 382
Wisconsin Health & Educational Facilities Authority Revenue        
(Marshfield Clinic Health System Obligated Group) 5.000% 2/15/20 1,840 2,013
Wisconsin Health & Educational Facilities Authority Revenue        
(Marshfield Clinic Health System Obligated Group) 5.000% 2/15/21 1,990 2,227
Wisconsin Health & Educational Facilities Authority Revenue        
(Marshfield Clinic Health System Obligated Group) 5.000% 2/15/22 2,100 2,384
Wisconsin Health & Educational Facilities Authority Revenue        
(Marshfield Clinic Health System Obligated Group) 5.000% 2/15/23 2,130 2,446
Wisconsin Health & Educational Facilities Authority Revenue (Ministry Health Care Inc.) 5.000% 8/15/18 (ETM) 730 768
Wisconsin Health & Educational Facilities Authority Revenue (Ministry Health Care Inc.) 5.000% 8/15/18 (Prere.) 3,740 3,933
Wisconsin Health & Educational Facilities Authority Revenue (ThedaCare Inc. Obligated Group) 5.000% 12/15/18 500 531
Wisconsin Health & Educational Facilities Authority Revenue (ThedaCare Inc. Obligated Group) 5.000% 12/15/21 800 917
Wisconsin Health and Educational Facilities Authority (Aurora Health Care, Inc.) CP 1.000% 8/1/17 LOC 19,470 19,467
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/18 1,495 1,557
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/19 2,130 2,292
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/20 4,685 5,185
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/21 2,070 2,335
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/21 4,830 5,466
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/22 2,125 2,436
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/22 3,085 3,550
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/23 1,275 1,479
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/24 2,475 2,899
Wisconsin Public Finance Authority Lease Development Revenue        
(Central District Development Project) 5.000% 3/1/20 900 983
Wisconsin Public Finance Authority Lease Development Revenue        
(Central District Development Project) 5.000% 3/1/21 900 1,007
Wisconsin Public Finance Authority Lease Development Revenue        
(Central District Development Project) 5.000% 3/1/22 1,375 1,564

 

114

 

Limited-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Wisconsin Public Finance Authority Lease Development Revenue        
(Central District Development Project) 5.000% 3/1/23 1,400 1,617
Wisconsin Public Finance Authority Revenue (Church Home of Hartford Inc.) 4.000% 9/1/20 425 440
        318,672
Wyoming (0.0%)        
Wyoming Municipal Power Agency Power Supply Revenue 5.000% 1/1/22 (15) 350 399
Wyoming Municipal Power Agency Power Supply Revenue 5.000% 1/1/23 (15) 200 231
        630
Total Tax-Exempt Municipal Bonds (Cost $23,325,595)       23,406,201
 
      Shares  
Temporary Cash Investment (1.7%)        
Money Market Fund (1.7%)        
5 Vanguard Municipal Cash Management Fund (Cost $410,256) 0.895%   4,102,494 410,250
Total Investments (100.2%) (Cost $23,735,851)       23,816,451
 
        Amount
        ($000)
Other Assets and Liabilities (-0.2%)        
Other Assets        
Investment in Vanguard       1,613
Receivables for Investment Securities Sold       1,315
Receivables for Accrued Income       241,871
Receivables for Capital Shares Issued       29,019
Other Assets       1,208
Total Other Assets       275,026
Liabilities        
Payables for Investment Securities Purchased       (270,494)
Payables for Capital Shares Redeemed       (26,005)
Payables for Distributions       (7,725)
Payables to Vanguard       (14,007)
Other Liabilities       (516)
Total Liabilities       (318,747)
Net Assets (100%)       23,772,730

 

115

 

Limited-Term Tax-Exempt Fund

At April 30, 2017, net assets consisted of:  
  Amount
  ($000)
Paid-in Capital 23,772,783
Overdistributed Net Investment Income (6)
Accumulated Net Realized Losses (81,367)
Unrealized Appreciation (Depreciation)  
Investment Securities 80,600
Futures Contracts 720
Net Assets 23,772,730
 
Investor Shares—Net Assets  
Applicable to 161,573,318 outstanding $.001 par value shares of beneficial interest (unlimited authorization) 1,769,807
Net Asset Value Per Share—Investor Shares $10.95
 
Admiral Shares—Net Assets  
Applicable to 2,008,741,473 outstanding $.001 par value shares of beneficial interest (unlimited authorization) 22,002,923
Net Asset Value Per Share—Admiral Shares $10.95

 

• See Note A in Notes to Financial Statements.
1 Adjustable-rate security.
2 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At April 30, 2017,
the aggregate value of these securities was $923,232,000, representing 3.9% of net assets.
3 Security purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of April 30, 2017.
4 Securities with a value of $5,108,000 have been segregated as initial margin for open futures contracts.
5 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
A key to abbreviations and other references follows the Statement of Net Assets.
See accompanying Notes, which are an integral part of the Financial Statements.

116

 

Limited-Term Tax-Exempt Fund

Key to Abbreviations

ARS—Auction Rate Security.
BAN—Bond Anticipation Note.
COP—Certificate of Participation.
CP—Commercial Paper.
FR—Floating Rate.
GAN—Grant Anticipation Note.
GO—General Obligation Bond.
PILOT—Payments in Lieu of Taxes.
PUT—Put Option Obligation.
RAN—Revenue Anticipation Note.
TAN—Tax Anticipation Note.
TOB—Tender Option Bond.
TRAN—Tax Revenue Anticipation Note.
VRDO—Variable Rate Demand Obligation.
VRDP—Variable Rate Demand Preferred.
(ETM)—Escrowed to Maturity.
(Prere.)—Prerefunded.

Scheduled principal and interest payments are guaranteed by:
(1) MBIA (Municipal Bond Investors Assurance).
(2) AMBAC (Ambac Assurance Corporation).
(3) FGIC (Financial Guaranty Insurance Company).
(4) AGM (Assured Guaranty Municipal Corporation).
(5) BIGI (Bond Investors Guaranty Insurance).
(6) Connie Lee Inc.
(7) FHA (Federal Housing Authority).
(8) CapMAC (Capital Markets Assurance Corporation).
(9) American Capital Access Financial Guaranty Corporation.
(10) XL Capital Assurance Inc.
(11) CIFG (CDC IXIS Financial Guaranty).
(12) AGC (Assured Guaranty Corporation).
(13) BHAC (Berkshire Hathaway Assurance Corporation).
(14) NPFG (National Public Finance Guarantee Corporation).
(15) BAM (Build America Mutual Assurance Company).
(16) MAC (Municipal Assurance Corporation).
(17) RAA (Radian Asset Assurance Inc.).
(18) SBLF (Michigan School Bond Loan Fund).
The insurance does not guarantee the market value of the municipal bonds.

LOC—Scheduled principal and interest payments are guaranteed by bank letter of credit.

117

 

Limited-Term Tax-Exempt Fund

Statement of Operations

Six Months Ended
April 30, 2017
  ($000)
Investment Income  
Income  
Interest1 196,489
Total Income 196,489
Expenses  
The Vanguard Group—Note B  
Investment Advisory Services 1,504
Management and Administrative—  
Investor Shares 1,328
Management and Administrative—  
Admiral Shares 6,736
Marketing and Distribution—  
Investor Shares 231
Marketing and Distribution—  
Admiral Shares 1,091
Custodian Fees 122
Shareholders’ Reports—Investor Shares 49
Shareholders’ Reports—Admiral Shares 135
Trustees’ Fees and Expenses 7
Total Expenses 11,203
Net Investment Income 185,286
Realized Net Gain (Loss)  
Investment Securities Sold1 (1,577)
Futures Contracts 2,859
Realized Net Gain (Loss) 1,282
Change in Unrealized Appreciation  
(Depreciation)  
Investment Securities (151,214)
Futures Contracts 572
Change in Unrealized Appreciation  
(Depreciation) (150,642)
Net Increase (Decrease) in Net Assets  
Resulting from Operations 35,926

1 Interest income and realized net gain (loss) from an affiliated company of the fund were $1,005,000 and $0, respectively.

 

 

 

Statement of Changes in Net Assets    
 
  Six Months Ended Year Ended
  April 30, October 31,
  2017 2016
  ($000) ($000)
Increase (Decrease) in Net Assets    
Operations    
Net Investment Income 185,286 353,847
Realized Net Gain (Loss) 1,282 3,729
Change in Unrealized Appreciation (Depreciation) (150,642) (58,506)
Net Increase (Decrease) in Net Assets Resulting from Operations 35,926 299,070
Distributions    
Net Investment Income    
Investor Shares (14,002) (30,355)
Admiral Shares (171,322) (323,387)
Realized Capital Gain    
Investor Shares — —
Admiral Shares — —
Total Distributions (185,324) (353,742)
Capital Share Transactions    
Investor Shares (214,913) (38,391)
Admiral Shares 180,484 2,975,197
Net Increase (Decrease) from Capital Share Transactions (34,429) 2,936,806
Total Increase (Decrease) (183,827) 2,882,134
Net Assets    
Beginning of Period 23,956,557 21,074,423
End of Period1 23,772,730 23,956,557

 

1 Net Assets—End of Period includes undistributed (overdistributed) net investment income of ($6,000) and $32,000.

See accompanying Notes, which are an integral part of the Financial Statements.

118

 

Limited-Term Tax-Exempt Fund

Financial Highlights

Investor Shares            
Six Months          
  Ended          
For a Share Outstanding April 30,     Year Ended October 31,
Throughout Each Period 2017 2016 2015 2014 2013 2012
Net Asset Value, Beginning of Period $11.02 $11.04 $11.08 $11.06 $11.18 $11.07
Investment Operations            
Net Investment Income .083 .164 .166 .178 .186 .212
Net Realized and Unrealized Gain (Loss)            
on Investments (. 070) (.020) (. 040) .020 (.120) .110
Total from Investment Operations .013 .144 .126 .198 .066 . 322
Distributions            
Dividends from Net Investment Income (. 083) (.164) (.166) (.178) (.186) (.212)
Distributions from Realized Capital Gains —  — — — — —
Total Distributions (. 083) (.164) (.166) (.178) (.186) (.212)
Net Asset Value, End of Period $10.95 $11.02 $11.04 $11.08 $11.06 $11.18
 
Total Return1 0.12% 1.31% 1.15% 1.81% 0.60% 2.93%
 
Ratios/Supplemental Data            
Net Assets, End of Period (Millions) $1,770 $1,998 $2,040 $2,241 $2,364 $2,779
Ratio of Total Expenses to            
Average Net Assets 0.19% 0.19% 0.20% 0.20% 0.20% 0.20%
Ratio of Net Investment Income to            
Average Net Assets 1.53% 1.48% 1.51% 1.61% 1.67% 1.90%
Portfolio Turnover Rate 12% 13% 16% 15% 14% 15%

The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.

1 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

 

 

Admiral Shares            
Six Months          
  Ended          
For a Share Outstanding April 30,     Year Ended October 31,
Throughout Each Period 2017 2016 2015 2014 2013 2012
Net Asset Value, Beginning of Period $11.02 $11.04 $11.08 $11.06 $11.18 $11.07
Investment Operations            
Net Investment Income .088 .175 .175 .187 .195 .221
Net Realized and Unrealized Gain (Loss)            
on Investments (. 070) (.020) (. 040) .020 (.120) .110
Total from Investment Operations .018 .155 .135 . 207 . 075 .331
Distributions            
Dividends from Net Investment Income (. 088) (.175) (.175) (.187) (.195) (.221)
Distributions from Realized Capital Gains —  — — — — —
Total Distributions (. 088) (.175) (.175) (.187) (.195) (.221)
Net Asset Value, End of Period $10.95 $11.02 $11.04 $11.08 $11.06 $11.18
 
Total Return1 0.17% 1.41% 1.23% 1.89% 0.68% 3.01%
 
Ratios/Supplemental Data            
Net Assets, End of Period (Millions) $22,003 $21,959 $19,035 $17,621 $15,276 $13,970
Ratio of Total Expenses to            
Average Net Assets 0.09% 0.09% 0.12% 0.12% 0.12% 0.12%
Ratio of Net Investment Income to            
Average Net Assets 1.63% 1.58% 1.59% 1.69% 1.75% 1.98%
Portfolio Turnover Rate 12% 13% 16% 15% 14% 15%

 

The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.

1 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

See accompanying Notes, which are an integral part of the Financial Statements.

119

 

Limited-Term Tax-Exempt Fund

Notes to Financial Statements

Vanguard Limited-Term Tax-Exempt Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund invests in debt instruments of many municipal issuers; the issuers’ abilities to meet their obligations may be affected by economic and political developments in a specific state or region. The fund offers two classes of shares: Investor Shares and Admiral Shares. Investor Shares are available to any investor who meets the fund’s minimum purchase requirements. Admiral Shares are designed for investors who meet certain administrative, service, and account-size criteria.

A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.

1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Investments in Vanguard Municipal Cash Management Fund are valued at that fund’s net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.

2. Futures Contracts: The fund uses futures contracts to invest in fixed income asset classes with greater efficiency and lower cost than is possible through direct investment, to add value when these instruments are attractively priced, or to adjust sensitivity to changes in interest rates. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of bonds held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract.

Futures contracts are valued at their quoted daily settlement prices. The aggregate settlement values of the contracts are not recorded in the Statement of Net Assets. Fluctuations in the value of the contracts are recorded in the Statement of Net Assets as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized futures gains (losses).

During the six months ended April 30, 2017, the fund’s average investments in long and short futures contracts represented 1% and less than 1% of net assets, respectively, based on the average of aggregate settlement values at each quarter-end during the period.

3. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (October 31, 2013–2016), and for the period ended April 30, 2017, and has concluded that no provision for federal income tax is required in the fund’s financial statements.

4. Distributions: Distributions from net investment income are declared daily and paid on the first business day of the following month. Annual distributions from realized capital gains, if any, are recorded on the ex-dividend date.

5. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $3.1 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.

The fund had no borrowings outstanding at April 30, 2017, or at any time during the period then ended.

120

 

Limited-Term Tax-Exempt Fund

6. Other: Interest income includes income distributions received from Vanguard Municipal Cash Management Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.

Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.

B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. Vanguard does not require reimbursement in the current period for certain costs of operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Net Assets.

Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At April 30, 2017, the fund had contributed to Vanguard capital in the amount of $1,613,000, representing 0.01% of the fund’s net assets and 0.65% of Vanguard’s capitalization. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.

C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

Level 1—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 risk, etc.).

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments).

The following table summarizes the market value of the fund’s investments as of April 30, 2017, based on the inputs used to value them:

  Level 1 Level 2 Level 3
Investments ($000) ($000) ($000)
Tax-Exempt Municipal Bonds — 23,406,201 —
Temporary Cash Investments 410,250 — —
Futures Contracts—Assets1 379 — —
Futures Contracts—Liabilities1 (354) — —
Total 410,275 23,406,201 —
1 Represents variation margin on the last day of the reporting period.      

 

D. At April 30, 2017, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were:

     
        ($000)
      Aggregate  
    Number of Settlement Unrealized
    Long (Short) Value Appreciation
Futures Contracts Expiration Contracts Long (Short) (Depreciation)
10-Year U.S. Treasury Note June 2017 2,225 279,724 836
2-Year U.S. Treasury Note June 2017 840 181,952 25
Ultra Long U.S. Treasury Bond June 2017 (504) (82,121) (318)
5-Year U.S. Treasury Note June 2017 616 72,938 48
30-Year U.S. Treasury Bond June 2017 228 34,877 129
        720

 

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

121

 

Limited-Term Tax-Exempt Fund

E. Capital gain distributions are determined on a tax basis and may differ from realized capital gains for financial reporting purposes. Differences may be permanent or temporary. Permanent differences are reclassified among capital accounts in the financial statements to reflect their tax character. Temporary differences arise when gains or losses are recognized in different periods for financial statement and tax purposes. These differences will reverse at some time in the future.

The fund’s tax-basis capital gains and losses are determined only at the end of each fiscal year. For tax purposes, at October 31, 2016, the fund had available capital losses totaling $81,991,000 to offset future net capital gains. Of this amount, $61,167,000 is subject to expiration dates; $29,710,000 may be used to offset future net capital gains through October 31, 2017, $4,375,000 through October 31, 2018, and $27,082,000 through October 31, 2019. Capital losses of $20,823,000 realized beginning in fiscal 2012 may be carried forward indefinitely under the Regulated Investment Company Modernization Act of 2010, but must be used before any expiring loss carryforwards. The fund will use these capital losses to offset net taxable capital gains, if any, realized during the year ending October 31, 2017; should the fund realize net capital losses for the year, the losses will be added to the loss carryforward balance above.

At April 30, 2017, the cost of investment securities for tax purposes was $23,736,362,000. Net unrealized appreciation of investment securities for tax purposes was $80,089,000, consisting of unrealized gains of $181,605,000 on securities that had risen in value since their purchase and $101,516,000 in unrealized losses on securities that had fallen in value since their purchase.

F. During the six months ended April 30, 2017, the fund purchased $1,207,834,000 of investment securities and sold $1,572,690,000 of investment securities, other than temporary cash investments.

The fund purchased securities from and sold securities to other Vanguard funds or accounts managed by Vanguard or its affiliates, in accordance with procedures adopted by the board of trustees in compliance with Rule 17a-7 of the Investment Company Act of 1940. For the six months ended April 30, 2017, such purchases and sales were $435,370,000 and $724,200,000, respectively; these amounts are included in the purchases and sales of investment securities noted above.

G. Capital share transactions for each class of shares were:      
  Six Months Ended   Year Ended
    April 30, 2017 October 31, 2016
  Amount Shares Amount Shares
  ($000) (000) ($000) (000)
Investor Shares        
Issued 381,740 35,080 678,994 61,395
Issued in Lieu of Cash Distributions 11,322 1,040 24,711 2,234
Redeemed (607,975) (55,865) (742,096) (67,088)
Net Increase (Decrease) —Investor Shares (214,913) (19,745) (38,391) (3,459)
Admiral Shares        
Issued 5,468,839 502,202 7,425,046 671,166
Issued in Lieu of Cash Distributions 127,964 11,749 241,195 21,804
Redeemed (5,416,319) (498,205) (4,691,044) (424,141)
Net Increase (Decrease) —Admiral Shares 180,484 15,746 2,975,197 268,829

 

H. Management has determined that no material events or transactions occurred subsequent to April 30, 2017, that would require recognition or disclosure in these financial statements.

122

 

Intermediate-Term Tax-Exempt Fund

Fund Profile    
As of April 30, 2017      
 
Share-Class Characteristics    
    Investor Admiral
    Shares Shares
Ticker Symbol   VWITX VWIUX
Expense Ratio1   0.19% 0.09%
30-Day SEC Yield   1.91% 2.01%
 
 
Financial Attributes    
    Bloomberg  
    Barclays Bloomberg
    1–15 Year Barclays
    Municipal Municipal
    Bond Bond
  Fund Index Index
Number of Bonds 6,446 40,754 50,560
Yield to Maturity      
(before expenses) 2.1% 2.0% 2.4%
Average Coupon 4.6% 4.8% 4.8%
Average Duration 5.2 years 4.8 years 6.4 years
Average Stated      
Maturity 8.5 years 7.8 years 12.9 years
Short-Term Reserves 4.1% — —

 

Largest Area Concentrations2  
 
New York   15.8%
California   12.4
Texas   9.3
Illinois   5.7
Florida   5.4
Pennsylvania   4.6
Maryland   3.8
New Jersey   3.4
Michigan   3.3
Massachusetts   3.0
Top Ten   66.7%
 
 
Volatility Measures    
  Bloomberg  
  Barclays Bloomberg
  1–15 Year Barclays
  Municipal Municipal
  Bond Index Bond Index
R-Squared 0.98 0.99
Beta 1.06 0.90

These measures show the degree and timing of the fund’s fluctuations compared with the indexes over 36 months.

 

 

Distribution by Stated Maturity (% of portfolio)

Under 1 Year 6.4%
1–3 Years 12.8
3–5 Years 12.3
5–10 Years 26.3
10–20 Years 41.4
20–30 Years 0.8

 

Distribution by Credit Quality (% of portfolio)

AAA 23.8%
AA 50.9
A 17.2
BBB 6.5
BB 0.2
B or Lower 0.3
Not Rated 1.1

 

Credit-quality ratings are obtained from Moody’s and S&P, and the higher rating for each issue is shown. “Not Rated” is used to classify securities for which a rating is not available. Not rated securities include a fund’s investment in Vanguard Market Liquidity Fund or Vanguard Municipal Cash Management Fund, each of which invests in high-quality money market instruments and may serve as a cash management vehicle for the Vanguard funds, trusts, and accounts. For more information about these ratings, see the Glossary entry for Credit Quality.

Investment Focus

 

 

 

 

 

1 The expense ratios shown are from the prospectus dated February 23, 2017, and represent estimated costs for the current fiscal year. For the six months ended April 30, 2017, the annualized expense ratios were 0.19% for Investor Shares and 0.09% for Admiral Shares.

2 Percentage of net assets, excluding any futures contracts.

123

 

Intermediate-Term Tax-Exempt Fund

Performance Summary

All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.

Fiscal-Year Total Returns (%): October 31, 2006–April 30, 2017      
        Bloomberg
        Barclays
        1–15 Year
        Municipal
      Investor Shares Bond Index
  Income Capital Total Total
Fiscal Year Returns Returns Returns Returns
2007 4.16% -1.42% 2.74% 3.45%
2008 3.99 -4.48 -0.49 0.88
2009 4.24 6.27 10.51 10.72
2010 3.81 3.14 6.95 6.81
2011 3.71 -0.36 3.35 3.62
2012 3.35 4.80 8.15 7.02
2013 3.00 -3.96 -0.96 -0.41
2014 3.28 3.03 6.31 5.56
2015 2.93 -0.49 2.44 2.46
2016 2.78 0.85 3.63 3.10
20171 1.36 -1.75 -0.39 -0.06

 

Average Annual Total Returns: Periods Ended March 31, 2017

This table presents returns through the latest calendar quarter—rather than through the end of the fiscal period.

Securities and Exchange Commission rules require that we provide this information.

            Ten Years
  Inception Date One Year Five Years Income Capital Total
Investor Shares 9/1/1977 -0.11% 2.85% 3.46% 0.50% 3.96%
Admiral Shares 2/12/2001 0.00 2.94 3.54 0.50 4.04

 

1 Six months ended April 30, 2017.
See Financial Highlights for dividend and capital gains information.

124

 

Intermediate-Term Tax-Exempt Fund

Financial Statements (unaudited)

Statement of Net Assets
As of April 30, 2017

The fund reports a complete list of its holdings in regulatory filings four times in each fiscal year, at the quarter-ends. For the second and fourth fiscal quarters, the lists appear in the fund’s semiannual and annual reports to shareholders. For the first and third fiscal quarters, the fund files the lists with the Securities and Exchange Commission on Form N-Q. Shareholders can look up the fund’s Forms N-Q on the SEC’s website at sec.gov. Forms N-Q may also be reviewed and copied at the SEC’s Public Reference Room (see the back cover of this report for further information).

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Tax-Exempt Municipal Bonds (98.2%)        
Alabama (0.5%)        
Alabama 21st Century Authority Tobacco Settlement Revenue 5.000% 6/1/20 1,000 1,103
Alabama 21st Century Authority Tobacco Settlement Revenue 5.000% 6/1/21 1,500 1,690
Alabama Federal Aid Highway Finance Authority Special Obligation Revenue 5.000% 9/1/30 7,950 9,293
Alabama Incentives Financing Authority Special Obligation Revenue 5.000% 9/1/24 3,695 3,991
Alabama Incentives Financing Authority Special Obligation Revenue 5.000% 9/1/24 2,520 2,719
Alabama Incentives Financing Authority Special Obligation Revenue 5.000% 9/1/30 6,905 7,736
Alabama Incentives Financing Authority Special Obligation Revenue 5.000% 9/1/31 7,245 8,088
Alabama Incentives Financing Authority Special Obligation Revenue 5.000% 9/1/32 7,000 7,785
Alabama Public School & College Authority Capital Improvement Revenue 5.000% 12/1/17 (Prere.) 13,595 13,928
Alabama Public School & College Authority Capital Improvement Revenue 5.000% 5/1/19 1,820 1,964
Alabama Public School & College Authority Capital Improvement Revenue 5.000% 5/1/21 4,895 5,598
Auburn University Alabama General Fee Revenue 5.000% 6/1/17 1,550 1,556
Auburn University Alabama General Fee Revenue 5.000% 6/1/17 3,160 3,172
Auburn University Alabama General Fee Revenue 5.000% 6/1/31 3,000 3,383
Baldwin County AL Board of Education Revenue 5.000% 6/1/26 1,500 1,771
Baldwin County AL Board of Education Revenue 5.000% 6/1/27 1,750 2,050
Baldwin County AL Board of Education Revenue 5.000% 6/1/28 2,750 3,201
Baldwin County AL Board of Education Revenue 5.000% 6/1/29 3,000 3,469
Baldwin County AL Board of Education Revenue 5.000% 6/1/30 6,335 7,283
Baldwin County AL Board of Education Revenue 5.000% 6/1/32 2,005 2,283
Birmingham AL GO 5.000% 3/1/32 5,000 5,649
Birmingham AL Water Works Board Water Revenue 5.000% 1/1/25 1,000 1,196
Birmingham AL Water Works Board Water Revenue 5.000% 1/1/26 1,755 2,115
Birmingham AL Water Works Board Water Revenue 5.000% 1/1/27 3,920 4,757
Birmingham AL Water Works Board Water Revenue 5.000% 1/1/33 4,000 4,671
Black Belt Energy Gas District Alabama Gas Supply Revenue PUT 4.000% 6/1/21 9,000 9,711
Hoover AL GO 4.000% 7/1/26 1,345 1,541
Hoover AL GO 4.000% 7/1/30 2,440 2,663
Hoover AL GO 4.000% 7/1/31 5,135 5,561
Hoover AL GO 4.000% 7/1/32 5,090 5,466
Huntsville AL GO 5.000% 5/1/21 (Prere.) 2,050 2,337
Huntsville AL GO 5.000% 9/1/21 (Prere.) 2,245 2,579
Huntsville AL GO 5.000% 3/1/26 295 335
Huntsville AL GO 5.000% 5/1/33 2,950 3,278
Huntsville AL Water System Revenue 5.000% 11/1/25 1,500 1,821
Huntsville AL Water System Revenue 5.000% 11/1/27 1,580 1,887
Huntsville AL Water System Revenue 5.000% 11/1/28 1,500 1,777
Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama Revenue        
(Infirmary Health System Inc.) 5.000% 2/1/18 2,830 2,897
Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama Revenue        
(Infirmary Health System Inc.) 5.250% 2/1/19 2,415 2,552
Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama Revenue        
(Infirmary Health System Inc.) 5.250% 2/1/20 2,845 3,082
Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama Revenue        
(Infirmary Health System Inc.) 5.250% 2/3/20 (Prere.) 3,630 4,029
Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama Revenue        
(Infirmary Health System Inc.) 5.250% 2/3/20 (Prere.) 5,450 6,049
Jefferson County AL Sewer Revenue 5.000% 10/1/22 1,730 1,848
Jefferson County AL Sewer Revenue 5.000% 10/1/23 7,000 7,512
Jefferson County AL Sewer Revenue 0.000% 10/1/26 (4) 1,000 708
Jefferson County AL Sewer Revenue 0.000% 10/1/27 (4) 1,410 935
Jefferson County AL Sewer Revenue 0.000% 10/1/28 (4) 1,500 932
Mobile County AL Board of School Commissioners GO 2.000% 3/1/18 500 504
Mobile County AL Board of School Commissioners GO 3.000% 3/1/19 550 569
Mobile County AL Board of School Commissioners GO 5.000% 3/1/29 3,565 4,151
Mobile County AL Board of School Commissioners GO 5.000% 3/1/30 2,500 2,896
Mobile County AL Board of School Commissioners GO 5.000% 3/1/31 3,000 3,453

 

125

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Tuscaloosa AL City Board of Education School Tax Warrants Revenue 5.000% 8/1/30 1,500 1,763
Tuscaloosa AL City Board of Education School Tax Warrants Revenue 5.000% 8/1/34 1,000 1,149
Tuscaloosa AL City Board of Education School Tax Warrants Revenue 5.000% 8/1/35 1,500 1,717
Tuscaloosa AL City Board of Education School Tax Warrants Revenue 5.000% 8/1/36 2,000 2,281
Tuscaloosa County AL Industrial Development Authority Gulf Opportunity Zone Revenue        
(Hunt Refining Project) VRDO 0.920% 5/5/17 LOC 20,000 20,000
University of Alabama General Revenue 5.000% 7/1/21 10,530 12,094
University of South Alabama University Facilities Revenue 5.000% 11/1/24 (4) 1,535 1,810
University of South Alabama University Facilities Revenue 5.000% 11/1/25 (4) 1,700 2,016
University of South Alabama University Facilities Revenue 5.000% 11/1/27 (4) 2,010 2,384
University of South Alabama University Facilities Revenue 5.000% 11/1/28 (4) 2,110 2,485
University of South Alabama University Facilities Revenue 5.000% 11/1/29 (4) 1,110 1,297
University of South Alabama University Facilities Revenue 5.000% 11/1/33 (4) 5,110 5,841
        246,361
Alaska (0.1%)        
Alaska GO 4.000% 8/1/18 1,200 1,243
Alaska GO 5.000% 8/1/24 5,000 5,900
Alaska Housing Finance Corp. General Housing Revenue 5.000% 12/1/25 3,075 3,544
Alaska Housing Finance Corp. General Housing Revenue 5.000% 12/1/26 5,330 6,126
Alaska Housing Finance Corp. General Housing Revenue 5.000% 12/1/29 2,000 2,252
Alaska Municipal Bond Bank Authority Revenue 5.000% 2/1/32 4,845 5,346
Anchorage AK Electric Utility Revenue 5.000% 12/1/26 2,350 2,764
Anchorage AK Electric Utility Revenue 5.000% 12/1/34 4,500 5,087
Anchorage AK GO 5.000% 9/1/20 3,900 4,352
Matanuska-Susitna Borough AK Lease Revenue (Goose Creek Correctional Center) GO 5.000% 9/1/31 15,000 16,884
Matanuska-Susitna Borough AK Lease Revenue (Goose Creek Correctional Center) GO 5.000% 9/1/32 5,000 5,600
Northern Alaska Tobacco Securitization Corp. Revenue 4.625% 6/1/23 9,495 9,535
Valdez AK Marine Terminal Revenue (ExxonMobil Project) VRDO 0.860% 5/1/17 4,600 4,600
        73,233
Arizona (2.3%)        
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/31 725 842
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/32 875 1,011
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/33 700 805
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/34 4,300 4,989
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/34 1,000 1,146
Arizona Board of Regents Arizona State University System Revenue 5.000% 7/1/35 600 685
Arizona Board Regents Arizona State University System COP 5.000% 7/1/20 (14) 5,120 5,155
Arizona Board Regents Arizona State University System Revenue 6.000% 7/1/18 (Prere.) 1,135 1,200
Arizona Board Regents Arizona State University System Revenue 5.000% 6/1/19 (Prere.) 2,545 2,752
Arizona Board Regents Arizona State University System Revenue 5.000% 7/1/27 1,115 1,296
Arizona Board Regents Arizona State University System Revenue 5.000% 7/1/28 3,510 4,151
Arizona Board Regents Arizona State University System Revenue 5.000% 7/1/28 1,860 2,200
Arizona Board Regents Arizona State University System Revenue 5.000% 7/1/28 1,000 1,160
Arizona Board Regents Arizona State University System Revenue 5.000% 6/1/31 1,000 1,135
Arizona Board Regents Arizona State University System Revenue 5.000% 6/1/32 1,290 1,460
Arizona COP 4.000% 9/1/17 1,250 1,263
Arizona COP 5.000% 3/1/18 (Prere.) 5,000 5,173
Arizona COP 5.000% 9/1/18 1,275 1,342
Arizona COP 5.000% 10/1/19 3,335 3,633
Arizona COP 5.000% 9/1/20 1,700 1,900
Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) 5.000% 2/1/21 3,480 3,891
Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) 5.000% 2/1/22 3,100 3,532
Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) 5.000% 2/1/23 5,000 5,660
Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) 5.000% 2/1/27 6,500 7,155
Arizona Health Facilities Authority Revenue (Banner Health) 5.000% 1/1/18 (Prere.) 10,000 10,279
Arizona Health Facilities Authority Revenue (Banner Health) 5.000% 1/1/18 (Prere.) 7,500 7,709
Arizona Health Facilities Authority Revenue (Catholic Healthcare West) VRDO 0.900% 5/5/17 LOC 26,200 26,200
1 Arizona Health Facilities Authority Revenue (Phoenix Children’s Hospital) PUT 2.750% 2/5/20 12,500 12,686
Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) 5.000% 12/1/23 1,000 1,178
Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) 5.000% 12/1/25 3,750 4,405
Arizona Lottery Revenue 5.000% 7/1/22 (4) 18,000 19,740
Arizona Lottery Revenue 5.000% 7/1/24 (4) 15,000 16,450
Arizona Lottery Revenue 5.000% 7/1/25 (4) 15,000 16,442
Arizona Lottery Revenue 5.000% 7/1/26 (4) 13,975 15,318
Arizona School Facilities Board COP 5.000% 9/1/18 13,000 13,677
Arizona School Facilities Board COP 5.125% 9/1/18 (Prere.) 5,000 5,276
Arizona School Facilities Board COP 5.000% 9/1/19 2,650 2,880
Arizona School Facilities Board COP 5.000% 9/1/21 5,130 5,866
Arizona State University Revenue (McAllister Academic Village LLC) 5.000% 7/1/24 1,605 1,863
Arizona State University Revenue (McAllister Academic Village LLC) 5.000% 7/1/34 2,900 3,244
Arizona State University Revenue (McAllister Academic Village LLC) 5.000% 7/1/35 2,000 2,234

 

126

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Arizona State University Revenue (McAllister Academic Village LLC) 5.000% 7/1/36 2,500 2,790
Arizona Transportation Board Excise Tax Revenue 5.000% 7/1/21 6,730 7,733
Arizona Transportation Board Excise Tax Revenue 5.000% 7/1/22 10,000 11,739
Arizona Transportation Board Excise Tax Revenue 5.000% 7/1/23 12,000 14,324
Arizona Transportation Board Excise Tax Revenue 5.000% 7/1/24 27,590 33,404
Arizona Transportation Board Excise Tax Revenue (Maricopa County Regional Area) 5.000% 7/1/20 (Prere.) 9,940 11,110
Arizona Transportation Board Highway Revenue 5.000% 7/1/18 (Prere.) 5,000 5,240
Arizona Transportation Board Highway Revenue 5.000% 7/1/18 (Prere.) 5,000 5,240
Arizona Transportation Board Highway Revenue 5.250% 7/1/21 (Prere.) 4,550 5,264
Arizona Transportation Board Highway Revenue 5.000% 7/1/22 8,500 9,960
Arizona Transportation Board Highway Revenue 5.000% 7/1/22 (Prere.) 7,580 8,872
Arizona Transportation Board Highway Revenue 5.000% 7/1/23 4,200 4,885
Arizona Transportation Board Highway Revenue 5.000% 7/1/24 6,390 7,770
Arizona Transportation Board Highway Revenue 5.000% 7/1/25 6,000 7,224
Arizona Transportation Board Highway Revenue 5.000% 7/1/30 4,300 5,172
Arizona Transportation Board Highway Revenue 5.000% 7/1/32 14,000 16,638
Arizona Transportation Board Highway Revenue 5.000% 7/1/33 16,905 19,985
Arizona Transportation Board Highway Revenue 5.000% 7/1/34 10,525 12,387
Arizona Transportation Board Highway Revenue 5.000% 7/1/35 2,955 3,462
Arizona Transportation Board Highway Revenue 5.000% 7/1/36 8,680 10,139
Arizona Water Infrastructure Finance Authority Revenue 5.000% 10/1/20 3,500 3,944
Arizona Water Infrastructure Finance Authority Revenue 5.000% 10/1/21 3,515 4,062
Arizona Water Infrastructure Finance Authority Revenue 5.000% 10/1/22 6,000 7,079
Chandler AZ GO 4.000% 7/1/22 3,390 3,809
Chandler AZ GO 5.000% 7/1/23 3,400 4,065
Chandler AZ GO 5.000% 7/1/24 4,250 5,165
2 Gilbert AZ GO 5.000% 7/1/20 14,000 15,649
2 Gilbert AZ GO 5.000% 7/1/21 6,655 7,639
Gilbert AZ Waterworks & Sewer System Revenue 5.000% 7/1/25 1,750 2,143
Gilbert AZ Waterworks & Sewer System Revenue 5.000% 7/1/27 2,500 3,054
Glendale AZ Industrial Development Authority Revenue (Midwestern University) 5.000% 5/15/18 3,325 3,444
Glendale AZ Industrial Development Authority Revenue (Midwestern University) 5.000% 5/15/19 2,000 2,133
Glendale AZ Industrial Development Authority Revenue (Midwestern University) 5.000% 5/15/20 1,500 1,637
Glendale AZ Industrial Development Authority Revenue (Midwestern University) 5.000% 5/15/21 1,500 1,629
Glendale AZ Industrial Development Authority Revenue (Midwestern University) 5.000% 5/15/22 3,500 3,813
Glendale AZ Industrial Development Authority Revenue (Midwestern University) 5.000% 5/15/23 3,805 4,145
Glendale AZ Industrial Development Authority Revenue (Midwestern University) 5.000% 5/15/25 3,750 4,076
Glendale AZ Industrial Development Authority Revenue (Midwestern University) 5.000% 5/15/26 2,890 3,141
Glendale AZ Industrial Development Authority Revenue (Midwestern University) 5.000% 5/15/27 5,000 5,418
Glendale AZ Industrial Development Authority Revenue (Midwestern University) 5.000% 5/15/30 14,000 15,194
Glendale AZ Senior Excise Tax Revenue 5.000% 7/1/19 4,185 4,526
Glendale AZ Senior Excise Tax Revenue 5.000% 7/1/20 2,770 3,081
Glendale AZ Senior Excise Tax Revenue 5.000% 7/1/21 2,990 3,404
Glendale AZ Senior Excise Tax Revenue 5.000% 7/1/22 3,140 3,640
Glendale AZ Senior Excise Tax Revenue 5.000% 7/1/30 8,745 10,080
Glendale AZ Senior Excise Tax Revenue 5.000% 7/1/31 6,415 7,359
Glendale AZ Transportation Excise Tax Revenue 5.000% 7/1/17 (Prere.) 4,235 4,266
Goodyear Public Improvement Corp. Municipal Facilities Revenue 5.000% 7/1/19 1,455 1,574
Goodyear Public Improvement Corp. Municipal Facilities Revenue 5.000% 7/1/20 1,695 1,886
Goodyear Public Improvement Corp. Municipal Facilities Revenue 4.000% 7/1/30 1,775 1,903
Goodyear Public Improvement Corp. Municipal Facilities Revenue 4.000% 7/1/31 1,500 1,598
Goodyear Public Improvement Corp. Municipal Facilities Revenue 4.000% 7/1/31 1,400 1,492
Maricopa County AZ Community College District GO 5.000% 7/1/21 9,495 10,939
Maricopa County AZ Industrial Development Authority Health Facilities Revenue        
(Banner Health Obligated Group) 5.000% 1/1/27 8,000 9,663
Maricopa County AZ Industrial Development Authority Health Facilities Revenue        
(Banner Health Obligated Group) 5.000% 1/1/28 15,205 18,476
Maricopa County AZ Industrial Development Authority Health Facilities Revenue        
(Banner Health Obligated Group) 4.000% 1/1/32 12,000 12,409
Maricopa County AZ Industrial Development Authority Health Facilities Revenue        
(Banner Health Obligated Group) 5.000% 1/1/32 9,025 10,440
Maricopa County AZ Industrial Development Authority Health Facilities Revenue        
(Banner Health Obligated Group) 5.000% 1/1/34 7,455 8,537
Maricopa County AZ Industrial Development Authority Health Facilities Revenue        
(Catholic Healthcare West) 5.000% 7/1/17 (Prere.) 6,000 6,043
Maricopa County AZ Regional Public Transportation Authority Excise Tax Revenue 5.000% 7/1/19 (Prere.) 6,220 6,744
Maricopa County AZ School District No. 28 (Kyrene Elementary) GO 4.000% 7/1/20 1,355 1,473
Maricopa County AZ School District No. 28 (Kyrene Elementary) GO 5.250% 7/1/28 690 819
Maricopa County AZ School District No. 28 (Kyrene Elementary) GO 5.500% 7/1/29 480 578
Maricopa County AZ School District No. 28 (Kyrene Elementary) GO 5.500% 7/1/30 375 450
Maricopa County AZ Unified School District GO 5.000% 7/1/22 8,450 9,910

 

127

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Mesa AZ Excise Tax Revenue 5.000% 7/1/27 4,000 4,027
Mesa AZ Utility System Revenue 5.000% 7/1/19 (14) 10,000 10,834
Mesa AZ Utility System Revenue 5.000% 7/1/21 (14) 11,900 13,621
Mesa AZ Utility System Revenue 4.000% 7/1/32 6,700 7,167
Phoenix AZ Civic Improvement Corp. Airport Revenue 5.000% 7/1/23 5,000 5,232
Phoenix AZ Civic Improvement Corp. Airport Revenue 5.000% 7/1/24 2,235 2,338
Phoenix AZ Civic Improvement Corp. Airport Revenue 5.000% 7/1/28 9,555 10,626
Phoenix AZ Civic Improvement Corp. Airport Revenue 5.000% 7/1/30 13,330 14,806
Phoenix AZ Civic Improvement Corp. Wastewater System Revenue 5.500% 7/1/24 2,500 2,632
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/20 3,010 3,366
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/22 11,000 12,901
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/23 7,000 8,346
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/24 7,770 9,390
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/25 9,000 10,790
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/26 7,000 8,322
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/27 2,500 2,953
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/31 9,440 11,169
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/32 12,785 15,046
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/33 11,300 13,229
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/34 12,795 14,912
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/35 10,000 11,602
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/36 8,750 10,121
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/37 8,700 10,033
Phoenix AZ GO 5.000% 7/1/17 (Prere.) 950 957
Phoenix AZ Industrial Development Authority Revenue (Mayo Clinic) VRDO 0.820% 5/1/17 60,750 60,750
Pima County AZ GO 4.000% 7/1/21 6,000 6,628
Pima County AZ Industrial Development Authority Revenue (Tucson Electric Power Co. Project) 4.000% 9/1/29 12,000 12,478
Pima County AZ Regional Transportation Authority Excise Tax Revenue 5.000% 6/1/22 3,000 3,509
Pima County AZ Regional Transportation Authority Excise Tax Revenue 5.000% 6/1/23 3,500 4,147
Pima County AZ Regional Transportation Authority Excise Tax Revenue 5.000% 6/1/26 3,590 4,199
Pima County AZ Sewer Revenue 5.000% 7/1/20 4,000 4,473
Pima County AZ Sewer Revenue 5.000% 7/1/21 4,400 5,054
Pima County AZ Sewer Revenue 5.000% 7/1/24 5,800 6,992
Pima County AZ Sewer Revenue 5.000% 7/1/25 5,000 6,059
Pima County AZ Tucson Unified School District No. 1 GO 5.000% 7/1/24 (15) 1,040 1,243
Pima County AZ Tucson Unified School District No. 1 GO 5.000% 7/1/25 (15) 1,200 1,445
Regional Public Transportation Authority Arizona Excise Tax Revenue        
(Maricopa County Public Transportation) 5.250% 7/1/22 2,000 2,368
Regional Public Transportation Authority Arizona Excise Tax Revenue        
(Maricopa County Public Transportation) 5.250% 7/1/23 1,000 1,204
Regional Public Transportation Authority Arizona Excise Tax Revenue        
(Maricopa County Public Transportation) 5.250% 7/1/25 1,000 1,204
Salt River Project Arizona Agricultural Improvement & Power District Revenue 5.000% 1/1/18 (Prere.) 2,750 2,826
Salt River Project Arizona Agricultural Improvement & Power District Revenue 5.000% 1/1/22 4,350 4,650
Salt River Project Arizona Agricultural Improvement & Power District Revenue 5.000% 1/1/28 5,000 6,107
Salt River Project Arizona Agricultural Improvement & Power District Revenue 5.000% 1/1/29 3,000 3,632
Salt River Project Arizona Agricultural Improvement & Power District Revenue 5.000% 1/1/34 5,000 5,866
Salt River Project Arizona Agricultural Improvement & Power District Revenue 5.000% 12/1/34 23,970 27,596
Salt River Project Arizona Agricultural Improvement & Power District Revenue 5.000% 12/1/35 10,000 11,466
Salt River Project Arizona Agricultural Improvement & Power District Revenue 5.000% 1/1/36 14,000 16,297
Salt Verde AZ Financial Corp. Gas Revenue 5.250% 12/1/19 25 27
Salt Verde AZ Financial Corp. Gas Revenue 5.250% 12/1/21 3,770 4,203
Salt Verde AZ Financial Corp. Gas Revenue 5.250% 12/1/22 3,965 4,495
Salt Verde AZ Financial Corp. Gas Revenue 5.250% 12/1/23 8,370 9,613
Salt Verde AZ Financial Corp. Gas Revenue 5.250% 12/1/24 4,510 5,214
Salt Verde AZ Financial Corp. Gas Revenue 5.250% 12/1/25 19,125 22,252
Salt Verde AZ Financial Corp. Gas Revenue 5.250% 12/1/26 2,725 3,183
Salt Verde AZ Financial Corp. Gas Revenue 5.250% 12/1/28 270 319
Scottsdale AZ GO 5.000% 7/1/22 3,000 3,524
Scottsdale AZ GO 4.000% 7/1/24 3,000 3,421
Scottsdale AZ Municipal Property Corp. Excise Tax Revenue 5.000% 7/1/22 12,415 14,574
Tucson AZ GO 5.000% 7/1/19 (Prere.) 1,000 1,084
Tucson AZ GO 5.000% 7/1/19 (Prere.) 1,000 1,084
Tucson AZ Water System Revenue 5.000% 7/1/23 3,500 4,148
University Medical Center Corp. Arizona Hospital Revenue 6.250% 7/1/19 (Prere.) 1,500 1,665
Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Center) 5.000% 8/1/24 1,200 1,404
Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Center) 5.000% 8/1/25 1,250 1,443
Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Center) 5.000% 8/1/32 1,000 1,091
Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Center) 5.250% 8/1/32 1,500 1,663
        1,173,870

 

128

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Arkansas (0.2%)        
Arkansas Development Finance Authority Hospital Revenue        
(Washington Regional Medical Center) 5.000% 2/1/22 380 432
Arkansas Federal Highway Grant Anticipation & Tax Revenue GO 5.000% 10/1/24 10,105 12,288
Pulaski County AR Hospital Revenue (Arkansas Children’s Hospital) 5.000% 3/1/30 1,290 1,509
Pulaski County AR Hospital Revenue (Arkansas Children’s Hospital) 5.000% 3/1/31 2,390 2,773
Pulaski County AR Hospital Revenue (Arkansas Children’s Hospital) 5.000% 3/1/32 3,000 3,459
Pulaski County AR Hospital Revenue (Arkansas Children’s Hospital) 5.000% 3/1/33 3,305 3,791
Pulaski County AR Hospital Revenue (Arkansas Children’s Hospital) 5.000% 3/1/34 2,815 3,214
Rogers AR Sales & Use Tax Revenue 2.125% 11/1/29 2,635 2,653
Springdale AR School District No. 50 GO 4.000% 6/1/26 4,505 4,851
Springdale AR School District No. 50 GO 4.000% 6/1/27 3,500 3,747
Springdale AR School District No. 50 GO 4.000% 6/1/32 4,500 4,704
Springdale AR School District No. 50 GO 4.000% 6/1/33 5,500 5,726
University of Arkansas Revenue 4.000% 11/1/18 600 627
University of Arkansas Revenue 5.000% 11/1/19 600 657
University of Arkansas Revenue 5.000% 11/1/20 855 963
University of Arkansas Revenue 5.000% 11/1/25 500 608
University of Arkansas Revenue 5.000% 11/1/26 600 737
University of Arkansas Revenue 5.000% 11/1/29 700 832
University of Arkansas Revenue 5.000% 11/1/31 800 945
University of Arkansas Revenue 5.000% 11/1/33 1,000 1,168
University of Arkansas Revenue 5.000% 11/1/34 1,000 1,162
University of Arkansas Revenue 5.000% 11/1/36 1,200 1,386
University of Arkansas Revenue (Fayetteville Campus) 5.000% 11/1/22 2,000 2,353
University of Arkansas Revenue (Fayetteville Campus) 5.000% 11/1/23 1,280 1,527
University of Arkansas Revenue (Fayetteville Campus) 5.000% 11/1/25 1,815 2,060
University of Arkansas Revenue (Fayetteville Campus) 5.000% 11/1/25 2,000 2,361
University of Arkansas Revenue (Fayetteville Campus) 5.000% 11/1/26 1,075 1,218
University of Arkansas Revenue (Fayetteville Campus) 5.000% 11/1/26 2,190 2,564
University of Arkansas Revenue (Fayetteville Campus) 5.000% 11/1/27 1,695 1,909
University of Arkansas Revenue (Fayetteville Campus) 5.000% 11/1/28 3,210 3,714
University of Arkansas Revenue (Fayetteville Campus) 5.000% 11/1/29 3,355 3,857
University of Arkansas Revenue (Fayetteville Campus) 5.000% 11/1/30 2,555 2,923
University of Arkansas Revenue (UAMS Campus) 5.000% 11/1/27 1,000 1,169
University of Arkansas Revenue (UAMS Campus) 5.000% 11/1/28 3,000 3,489
University of Arkansas Revenue (UAMS Campus) 5.000% 11/1/29 1,970 2,277
University of Arkansas Revenue (UAMS Campus) 5.000% 11/1/30 2,000 2,303
        91,956
California (12.4%)        
ABAG Finance Authority for Nonprofit Corps. California Revenue (Jackson Laboratory) 5.000% 7/1/27 1,375 1,533
ABAG Finance Authority for Nonprofit Corps. California Revenue (Jackson Laboratory) 5.000% 7/1/29 2,795 3,084
Alameda CA Corridor Transportation Authority Revenue 5.000% 3/1/21 3,250 3,711
Alameda CA Corridor Transportation Authority Revenue 5.000% 10/1/34 6,500 7,305
Alameda County CA Joint Powers Authority Lease Revenue 5.250% 12/1/27 3,000 3,560
Alameda County CA Joint Powers Authority Lease Revenue 5.000% 12/1/30 12,395 14,326
Anaheim CA Housing & Public Improvements Authority Revenue        
(Electric Utility Distribution System) 5.000% 10/1/29 5,170 5,876
Anaheim CA Public Financing Authority Revenue (Electric System) 5.250% 10/1/28 5,030 5,706
Anaheim CA Public Financing Authority Revenue (Electric System) 5.250% 10/1/29 5,300 5,980
Antelope Valley-East Kern CA Water Agency Revenue 4.000% 6/1/20 1,000 1,084
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.875% 4/1/19 3,910 3,953
1 Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.500% 4/1/20 18,615 18,620
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.875% 4/1/20 38,860 39,252
1 Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.600% 4/1/21 14,500 14,487
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 2.000% 4/1/21 15,375 15,608
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 2.100% 4/1/22 7,200 7,301
1 Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.800% 5/1/23 13,500 13,496
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 2.850% 4/1/25 18,750 19,406
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 2.950% 4/1/26 24,000 24,846
Beverly Hills CA Unified School District GO 0.000% 8/1/28 5,000 3,586
Beverly Hills CA Unified School District GO 0.000% 8/1/29 7,950 5,445
California Department of Water Resources Power Supply Revenue 5.000% 5/1/18 (Prere.) 19,250 20,061
California Department of Water Resources Power Supply Revenue 5.000% 5/1/18 (Prere.) 20,000 20,843
California Department of Water Resources Power Supply Revenue 5.000% 5/1/20 20,000 22,294
California Department of Water Resources Power Supply Revenue 5.000% 5/1/20 148,065 165,045
California Department of Water Resources Power Supply Revenue 5.000% 5/1/20 (Prere.) 12,410 13,824
California Department of Water Resources Power Supply Revenue 5.000% 5/1/20 (Prere.) 6,200 6,906
California Department of Water Resources Power Supply Revenue 5.000% 5/1/21 7,590 8,451
California Department of Water Resources Power Supply Revenue 5.000% 5/1/22 3,800 4,229
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/23 (ETM) 80 97

 

129

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/23 7,920 9,588
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/24 (ETM) 35 43
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/24 (Prere.) 55 68
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/24 (Prere.) 10 12
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/28 14,945 17,919
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/29 2,490 2,966
California Economic Recovery GO 5.000% 7/1/19 (Prere.) 20,000 21,721
California Economic Recovery GO 5.250% 7/1/19 (Prere.) 31,780 34,686
California Economic Recovery GO 5.250% 7/1/19 (Prere.) 18,220 19,886
California Education Notes Program TRAN 2.000% 6/30/17 22,015 22,056
California Educational Facilities Authority Revenue (University of the Pacific) 5.000% 11/1/29 3,000 3,490
California Educational Facilities Authority Revenue (University of the Pacific) 5.000% 11/1/32 1,595 1,827
California Educational Facilities Authority Revenue (University of the Pacific) 5.000% 11/1/33 1,500 1,708
1 California GO 1.650% 5/4/17 3,500 3,500
California GO 6.000% 4/1/18 11,480 12,020
California GO 5.000% 9/1/18 8,500 8,959
California GO 5.000% 9/1/18 7,000 7,378
California GO 5.000% 12/1/18 85 85
California GO 5.000% 8/1/19 29,650 32,269
California GO 5.000% 8/1/19 37,500 40,813
California GO 3.000% 9/1/19 7,000 7,316
California GO 5.000% 4/1/20 18,000 19,393
California GO 5.000% 8/1/20 500 502
California GO 5.000% 9/1/20 30,930 34,753
California GO 5.000% 10/1/20 3,000 3,379
California GO 5.000% 9/1/21 30,155 34,734
California GO 5.000% 3/1/22 26,540 30,831
California GO 5.000% 8/1/22 19,000 22,264
California GO 5.000% 8/1/22 4,880 5,718
California GO 5.000% 9/1/22 4,900 5,751
California GO 5.000% 9/1/22 5,620 6,597
California GO 5.000% 9/1/22 17,000 19,954
California GO 5.250% 10/1/22 15,000 16,495
California GO 5.000% 12/1/22 11,000 12,974
California GO 5.000% 9/1/23 9,770 11,663
California GO 5.000% 11/1/23 17,200 20,591
California GO 5.000% 12/1/23 34,000 40,759
California GO 5.000% 3/1/24 30,000 36,000
California GO 5.000% 5/1/24 35,000 42,106
California GO 5.000% 10/1/24 10,500 12,706
California GO 5.000% 12/1/24 5,730 6,845
California GO 5.000% 3/1/25 15,000 18,120
California GO 5.000% 10/1/25 20,000 23,388
California GO 5.000% 11/1/25 33,000 39,409
California GO 5.500% 8/1/26 23,665 25,000
California GO 5.000% 10/1/26 31,140 36,259
California GO 5.000% 10/1/27 11,250 13,040
California GO 5.250% 10/1/27 26,440 30,620
California GO 5.000% 11/1/27 17,380 20,394
California GO 5.000% 2/1/28 12,500 14,401
California GO 5.000% 9/1/28 5,000 6,008
California GO 5.000% 11/1/28 9,175 10,713
California GO 5.000% 12/1/28 3,575 4,180
California GO 5.750% 4/1/29 2,395 2,615
California GO 5.000% 9/1/29 13,500 16,089
California GO 5.250% 9/1/29 10,460 12,320
California GO 5.000% 10/1/29 10,000 11,742
California GO 5.000% 10/1/29 27,000 29,489
California GO 5.000% 10/1/29 4,445 4,609
California GO 5.250% 3/1/30 29,500 32,704
California GO 5.000% 5/1/30 30,000 34,822
California GO 4.000% 8/1/30 12,400 13,404
California GO 5.000% 8/1/30 15,000 17,739
California GO 5.000% 9/1/30 4,500 5,109
California GO 5.250% 9/1/30 25,480 29,902
California GO 5.750% 4/1/31 79,190 86,288
California GO 4.000% 8/1/31 27,000 28,942
California GO 4.000% 9/1/31 7,660 8,215
California GO 5.000% 10/1/31 24,000 27,919
California GO 5.000% 2/1/32 50,640 57,447
California GO 4.000% 8/1/32 8,000 8,476

 

130

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
California GO 4.000% 9/1/32 5,000 5,300
California GO 4.000% 9/1/32 5,000 5,300
California GO 5.000% 9/1/32 6,500 7,616
California GO 5.000% 10/1/32 11,000 12,740
California GO 5.000% 2/1/33 60,000 67,824
California GO 6.500% 4/1/33 54,500 60,159
California GO 4.000% 8/1/33 26,000 27,377
California GO 5.000% 8/1/33 14,000 16,297
California GO 4.000% 9/1/33 26,000 27,388
California GO 5.000% 10/1/33 6,000 6,918
California GO 4.000% 8/1/34 4,980 5,211
California GO 5.000% 9/1/34 1,640 1,901
California GO 5.000% 10/1/34 10,000 11,473
California GO 4.000% 9/1/35 10,000 10,419
California GO 4.000% 9/1/35 18,000 18,755
California GO PUT 3.000% 12/1/19 6,000 6,214
California GO PUT 4.000% 12/1/21 13,300 14,624
3 California GO TOB VRDO 0.980% 5/5/17 LOC 18,740 18,740
California Health Facilities Financing Authority Revenue (Catholic Healthcare West) 5.250% 3/1/27 19,000 21,345
California Health Facilities Financing Authority Revenue (Catholic Healthcare West) 5.250% 3/1/28 9,160 10,277
California Health Facilities Financing Authority Revenue (Children’s Hospital of Los Angeles) 5.000% 11/15/25 5,000 5,650
California Health Facilities Financing Authority Revenue (Children’s Hospital of Los Angeles) 5.000% 11/15/26 5,000 5,630
California Health Facilities Financing Authority Revenue (Children’s Hospital of Los Angeles) 5.000% 11/15/27 3,845 4,306
California Health Facilities Financing Authority Revenue (City of Hope Medical Center) 5.000% 11/15/26 2,430 2,789
2 California Health Facilities Financing Authority Revenue (Kaiser Permanente) 5.000% 11/1/27 22,000 27,121
2 California Health Facilities Financing Authority Revenue (Kaiser Permanente) 4.000% 11/1/38 27,000 27,487
California Health Facilities Financing Authority Revenue (Kaiser Permanente) VRDO 0.900% 5/5/17 33,115 33,115
2 California Health Facilities Financing Authority Revenue (Kaiser Permanente) VRDO 5.000% 11/1/22 5,000 5,837
California Health Facilities Financing Authority Revenue        
(Providence St. Joseph Health Obligated Group) PUT 4.000% 10/1/24 41,500 46,417
California Health Facilities Financing Authority Revenue (Scripps Health) 5.000% 10/1/19 8,080 8,536
California Health Facilities Financing Authority Revenue (Scripps Health) 5.500% 10/1/20 4,000 4,254
California Health Facilities Financing Authority Revenue (Scripps Health) 5.000% 10/1/21 7,110 7,509
California Health Facilities Financing Authority Revenue (St. Joseph Health System) 5.250% 7/1/21 25,980 28,249
California Health Facilities Financing Authority Revenue (St. Joseph Health System) 5.500% 7/1/29 15,000 16,220
California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT 5.000% 10/15/20 12,500 13,958
California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT 5.000% 10/18/22 1,510 1,751
California Health Facilities Financing Authority Revenue (Sutter Health) 5.500% 8/15/17 5,100 5,171
California Health Facilities Financing Authority Revenue (Sutter Health) 5.500% 8/15/26 4,500 5,077
California Health Facilities Financing Authority Revenue (Sutter Health) 5.875% 8/15/31 10,000 11,367
California Health Facilities Financing Authority Revenue (Sutter Health) PUT 1.000% 8/15/19 5,925 5,876
1 California Infrastructure & Economic Development Bank Revenue (The Colburn School) PUT 1.900% 6/1/20 10,000 10,000
California Municipal Finance Authority        
(Community Hospitals of Central California Obligated Group) COP 5.000% 2/1/19 (Prere.) 1,740 1,861
California Municipal Finance Authority        
(Community Hospitals of Central California Obligated Group) COP 5.000% 2/1/19 (Prere.) 1,575 1,685
California Municipal Finance Authority        
(Community Hospitals of Central California Obligated Group) COP 5.250% 2/1/19 (Prere.) 5,050 5,424
California Municipal Finance Authority Revenue (Anaheim Electric Utility Distribution System) 5.000% 10/1/29 1,000 1,187
California Municipal Finance Authority Revenue (Anaheim Electric Utility Distribution System) 5.000% 10/1/32 2,190 2,546
California Municipal Finance Authority Revenue (Anaheim Electric Utility Distribution System) 5.000% 10/1/35 1,755 2,008
California Municipal Finance Authority Revenue (University of La Verne) 5.750% 6/1/20 (Prere.) 8,525 9,708
California Municipal Finance Authority Revenue (University of La Verne) 6.125% 6/1/20 (Prere.) 3,000 3,450
California Public Works Board Lease Revenue (Department of Corrections) 5.000% 6/1/27 7,420 8,495
California Public Works Board Lease Revenue (Department of Corrections) 5.250% 10/1/27 1,325 1,584
California Public Works Board Lease Revenue (Department of General Services) 6.125% 4/1/19 (Prere.) 5,000 5,487
California Public Works Board Lease Revenue (Department of General Services) 6.125% 4/1/19 (Prere.) 2,000 2,195
California Public Works Board Lease Revenue (Department of State Hospitals) 5.000% 6/1/27 5,000 5,780
California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 10/1/23 750 891
California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 10/1/24 900 1,081
California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 12/1/24 10,000 11,447
California Public Works Board Lease Revenue (Judicial Council Projects) 5.250% 12/1/25 7,000 8,052
California Public Works Board Lease Revenue (Judicial Council Projects) 5.250% 12/1/26 5,000 5,745
California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 3/1/27 3,120 3,590
California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 12/1/27 13,000 14,746
California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 12/1/28 8,000 9,060
California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 3/1/29 4,250 4,846
California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 12/1/29 10,705 12,093
California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 3/1/30 3,930 4,460
California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 3/1/31 5,000 5,655
California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 3/1/33 3,350 3,762

 

131

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
4 California Public Works Board Lease Revenue (Regents of The University of California) 5.000% 12/1/21 (Prere.) 8,145 9,442
California Public Works Board Lease Revenue (Various Capital Projects) 3.000% 4/1/18 4,605 4,692
California Public Works Board Lease Revenue (Various Capital Projects) 3.000% 4/1/19 4,740 4,918
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 5/1/19 11,290 12,179
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 5/1/19 8,130 8,770
California Public Works Board Lease Revenue (Various Capital Projects) 6.250% 11/1/19 (Prere.) 13,665 15,416
California Public Works Board Lease Revenue (Various Capital Projects) 4.000% 4/1/20 9,265 10,010
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 4/1/20 2,700 2,994
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 5/1/20 8,975 9,978
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 11/1/20 7,460 8,408
California Public Works Board Lease Revenue (Various Capital Projects) 4.000% 4/1/21 5,000 5,489
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 5/1/21 4,500 5,121
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 5/1/21 3,000 3,414
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 12/1/21 (Prere.) 10,000 11,592
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 5/1/22 6,050 7,015
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 5/1/23 3,000 3,536
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 5/1/23 4,460 5,257
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 4/1/27 3,075 3,508
California Public Works Board Lease Revenue (Various Capital Projects) 4.000% 11/1/30 8,245 8,833
California Public Works Board Lease Revenue (Various Capital Projects) 5.500% 11/1/30 2,495 2,997
California Public Works Board Lease Revenue (Various Capital Projects) 5.125% 10/1/31 4,250 4,791
California Public Works Board Lease Revenue (Various Capital Projects) 4.000% 11/1/31 20,000 21,252
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 4/1/32 9,650 10,818
California State University Systemwide Revenue 5.000% 5/1/19 (Prere.) 14,775 15,950
California State University Systemwide Revenue 5.750% 5/1/19 (Prere.) 5,000 5,472
California State University Systemwide Revenue 5.000% 11/1/19 2,095 2,302
California State University Systemwide Revenue 5.000% 11/1/20 2,000 2,262
California State University Systemwide Revenue 5.000% 11/1/21 1,445 1,676
California State University Systemwide Revenue 5.000% 11/1/24 2,000 2,438
California State University Systemwide Revenue 5.000% 11/1/28 3,540 4,247
California State University Systemwide Revenue 5.250% 11/1/28 7,395 8,505
California State University Systemwide Revenue 5.250% 11/1/29 7,790 8,952
California State University Systemwide Revenue 5.000% 11/1/30 3,350 3,986
California State University Systemwide Revenue 5.000% 11/1/30 24,850 29,116
California State University Systemwide Revenue 5.000% 11/1/30 8,230 9,937
California State University Systemwide Revenue 5.250% 11/1/30 7,960 9,116
California State University Systemwide Revenue 5.000% 11/1/31 4,600 5,445
California State University Systemwide Revenue 5.000% 11/1/31 21,630 25,198
California State University Systemwide Revenue 5.000% 11/1/31 5,630 6,748
California State University Systemwide Revenue 5.250% 11/1/31 4,000 4,581
California State University Systemwide Revenue 5.000% 11/1/32 10,000 11,785
California State University Systemwide Revenue 5.000% 11/1/32 10,000 11,591
California State University Systemwide Revenue 5.000% 11/1/32 2,500 2,977
California State University Systemwide Revenue 5.000% 11/1/33 20,000 23,078
California State University Systemwide Revenue 5.000% 11/1/33 8,000 9,473
California State University Systemwide Revenue 5.000% 11/1/33 1,000 1,184
California State University Systemwide Revenue 5.000% 11/1/34 24,190 27,789
California State University Systemwide Revenue 5.000% 11/1/34 10,270 12,093
California State University Systemwide Revenue 5.000% 11/1/34 1,000 1,178
California State University Systemwide Revenue 5.000% 11/1/35 4,355 4,984
California State University Systemwide Revenue 5.000% 11/1/35 12,825 15,028
California State University Systemwide Revenue 5.000% 11/1/36 11,585 13,532
California State University Systemwide Revenue PUT 3.000% 11/1/19 6,700 6,943
California Statewide Communities Development Authority Revenue        
(Daughters of Charity Health System) 5.750% 7/1/24 3,855 3,799
California Statewide Communities Development Authority Revenue        
(Kaiser Permanente) VRDO 0.880% 5/5/17 17,300 17,300
California Statewide Communities Development Authority Revenue        
(Loma Linda University Medical Center) 5.000% 12/1/27 2,300 2,536
California Statewide Communities Development Authority Revenue        
(Loma Linda University Medical Center) 5.000% 12/1/28 5,925 6,481
California Statewide Communities Development Authority Revenue        
(Loma Linda University Medical Center) 5.000% 12/1/29 2,000 2,180
California Statewide Communities Development Authority Revenue        
(Loma Linda University Medical Center) 5.250% 12/1/29 5,000 5,467
California Statewide Communities Development Authority Revenue        
(Loma Linda University Medical Center) 5.000% 12/1/30 3,500 3,798
California Statewide Communities Development Authority Student Housing Revenue        
(CHF-Irvine LLC - UCI East Campus Apartments Phase II) 5.000% 5/15/25 1,000 1,167
California Statewide Communities Development Authority Student Housing Revenue        
(CHF-Irvine LLC - UCI East Campus Apartments Phase II) 5.000% 5/15/26 1,000 1,170

 

132

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
California Statewide Communities Development Authority Student Housing Revenue        
(CHF-Irvine LLC - UCI East Campus Apartments Phase II) 5.000% 5/15/27 1,000 1,161
California Statewide Communities Development Authority Student Housing Revenue        
(CHF-Irvine LLC - UCI East Campus Apartments Phase II) 5.000% 5/15/30 2,000 2,254
Capistrano CA Unified School District Special Tax Revenue 4.000% 9/1/23 (15) 6,435 6,783
Cerritos CA Community College District GO 0.000% 8/1/28 1,000 701
Cerritos CA Community College District GO 0.000% 8/1/30 1,850 1,178
Cerritos CA Community College District GO 0.000% 8/1/31 1,000 608
Chabot-Las Positas CA Community College District GO 5.000% 8/1/27 7,000 8,191
Chabot-Las Positas CA Community College District GO 5.000% 8/1/30 15,000 17,388
Chabot-Las Positas CA Community College District GO 5.000% 8/1/31 5,000 5,757
Chabot-Las Positas CA Community College District GO 5.000% 8/1/32 17,000 19,511
Chaffey CA Community College District GO 5.000% 6/1/24 1,120 1,358
Chaffey CA Community College District GO 5.000% 6/1/29 1,250 1,467
Chaffey CA Community College District GO 5.000% 6/1/30 2,000 2,335
Chino CA Public Financing Authority Special Tax Revenue 5.000% 9/1/26 (4) 800 946
Chino CA Public Financing Authority Special Tax Revenue 5.000% 9/1/27 (4) 2,340 2,746
Chino CA Public Financing Authority Special Tax Revenue 5.000% 9/1/29 (4) 1,300 1,495
Chula Vista CA Municipal Financing Authority Special Tax Revenue 5.000% 9/1/23 1,080 1,242
Chula Vista CA Municipal Financing Authority Special Tax Revenue 5.000% 9/1/24 1,130 1,313
Chula Vista CA Municipal Financing Authority Special Tax Revenue 5.000% 9/1/25 1,145 1,335
Chula Vista CA Municipal Financing Authority Special Tax Revenue 5.000% 9/1/26 1,255 1,452
Chula Vista CA Municipal Financing Authority Special Tax Revenue 5.000% 9/1/27 1,320 1,515
Chula Vista CA Municipal Financing Authority Special Tax Revenue 5.000% 9/1/28 1,380 1,573
Chula Vista CA Municipal Financing Authority Special Tax Revenue 5.000% 9/1/29 1,445 1,634
Chula Vista CA Municipal Financing Authority Special Tax Revenue 5.000% 9/1/30 1,400 1,574
Chula Vista CA Municipal Financing Authority Special Tax Revenue 5.000% 9/1/31 1,600 1,788
Coast CA Community College District GO 5.000% 8/1/18 (Prere.) 6,250 6,579
Contra Costa CA Community College District GO 5.000% 8/1/29 2,000 2,330
Contra Costa CA Community College District GO 5.000% 8/1/30 3,000 3,478
Contra Costa CA Community College District GO 5.000% 8/1/34 4,000 4,551
Contra Costa CA Transportation Authority Sales Tax Revenue 5.000% 3/1/20 (Prere.) 2,000 2,216
Cupertino CA Union School District GO 5.000% 8/1/35 1,000 1,140
East Side CA Union High School District Santa Clara County GO 5.000% 8/1/26 2,500 2,948
East Side CA Union High School District Santa Clara County GO 5.000% 8/1/27 2,000 2,350
East Side CA Union High School District Santa Clara County GO 5.000% 8/1/28 3,000 3,503
East Side CA Union High School District Santa Clara County GO 5.000% 8/1/28 2,655 3,059
Eastern California Municipal Water District Water & Wastewater Revenue 4.000% 7/1/35 8,125 8,526
El Dorado CA Irrigation District Revenue 5.000% 3/1/22 (4) 1,035 1,206
El Dorado CA Irrigation District Revenue 5.000% 3/1/23 (4) 1,750 2,025
El Dorado CA Irrigation District Revenue 5.000% 3/1/24 (4) 1,000 1,157
El Dorado CA Irrigation District Revenue 5.000% 3/1/25 (4) 1,000 1,148
El Dorado CA Irrigation District Revenue 5.000% 3/1/26 (4) 2,485 2,843
El Dorado CA Irrigation District Revenue 5.000% 3/1/27 (4) 2,110 2,356
El Dorado CA Irrigation District Revenue 5.000% 3/1/28 (4) 2,000 2,264
El Dorado CA Irrigation District Revenue 5.000% 3/1/34 (4) 3,060 3,466
El Monte CA High School District GO 5.500% 6/1/19 (Prere.) 2,355 2,571
El Monte CA High School District GO 5.500% 6/1/19 (Prere.) 2,630 2,871
El Segundo CA Unified School District GO 0.000% 8/1/28 2,705 1,868
El Segundo CA Unified School District GO 0.000% 8/1/29 8,655 5,697
El Segundo CA Unified School District GO 0.000% 8/1/30 9,160 5,706
Elk Grove CA Finance Authority Special Tax Revenue 5.000% 9/1/23 775 910
Elk Grove CA Finance Authority Special Tax Revenue 5.000% 9/1/24 1,000 1,187
Elk Grove CA Finance Authority Special Tax Revenue 5.000% 9/1/25 750 895
Elk Grove CA Finance Authority Special Tax Revenue 5.000% 9/1/26 1,155 1,362
Elk Grove CA Finance Authority Special Tax Revenue 5.000% 9/1/30 (15) 1,130 1,298
Elk Grove CA Finance Authority Special Tax Revenue 5.000% 9/1/31 (15) 1,750 1,998
Elk Grove CA Finance Authority Special Tax Revenue 5.000% 9/1/32 (15) 1,365 1,550
Folsom Cordova CA Unified School District School Facilities Improvement District No. 3 GO 0.000% 10/1/23 (14) 2,875 2,492
Folsom Cordova CA Unified School District School Facilities Improvement District No. 3 GO 0.000% 10/1/24 (14) 1,700 1,420
Folsom Cordova CA Unified School District School Facilities Improvement District No. 3 GO 0.000% 10/1/25 (14) 2,055 1,644
Folsom Cordova CA Unified School District School Facilities Improvement District No. 3 GO 0.000% 10/1/26 (14) 2,985 2,295
Folsom Cordova CA Unified School District School Facilities Improvement District No. 3 GO 0.000% 10/1/28 (14) 2,875 2,004
Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue 0.000% 1/15/28 20,090 16,695
Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue 0.000% 1/15/29 2,000 1,677
Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue 6.250% 1/15/33 2,000 2,348
Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue PUT 5.500% 1/15/23 40,500 46,503
Fresno CA Sewer Revenue 5.000% 9/1/25 (12) 2,275 2,392
Fresno CA Sewer Revenue 5.000% 9/1/26 (12) 7,425 7,796
Fresno CA Sewer Revenue 5.000% 9/1/27 (12) 7,835 8,220
Gavilan CA Joint Community College District GO 5.000% 8/1/30 5,000 5,892

 

133

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Gavilan CA Joint Community College District GO 5.000% 8/1/31 6,000 7,006
Gilroy CA Unified School District GO 0.000% 8/1/30 (ETM) 255 178
Gilroy CA Unified School District GO 0.000% 8/1/30 (12) 5,245 3,354
Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/25 7,500 8,775
Golden State Tobacco Securitization Corp. California Revenue 0.000% 6/1/26 (4) 5,000 3,844
Golden State Tobacco Securitization Corp. California Revenue 0.000% 6/1/27 (2) 5,000 3,603
Golden State Tobacco Securitization Corp. California Revenue 0.000% 6/1/28 (2) 51,635 35,662
Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/33 17,000 19,256
Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/34 6,000 6,774
Hacienda La Puente CA Unified School District GO 5.000% 8/1/25 (4) 7,000 8,438
Hayward CA Unified School District GO 5.000% 8/1/28 (4) 2,720 3,164
Hayward CA Unified School District GO 5.000% 8/1/28 (4) 3,795 4,414
Hayward CA Unified School District GO 5.000% 8/1/29 (4) 2,575 2,972
Hayward CA Unified School District GO 5.000% 8/1/29 (4) 4,315 4,980
Imperial CA Irrigation District Electric Revenue 5.000% 11/1/20 (Prere.) 5,200 5,883
Jurupa CA Public Financing Authority Special Tax Revenue 5.000% 9/1/28 1,025 1,169
Jurupa CA Public Financing Authority Special Tax Revenue 5.000% 9/1/29 1,000 1,131
Jurupa CA Public Financing Authority Special Tax Revenue 5.000% 9/1/31 1,190 1,330
La Mesa-Spring Valley CA School District GO 0.000% 8/1/23 (14) 2,090 1,826
La Mesa-Spring Valley CA School District GO 0.000% 8/1/25 (14) 3,635 2,925
La Mesa-Spring Valley CA School District GO 0.000% 8/1/27 (14) 1,500 1,107
La Mesa-Spring Valley CA School District GO 0.000% 8/1/28 (14) 3,170 2,224
La Quinta CA Redevelopment Agency Tax Allocation Revenue 5.000% 9/1/30 3,125 3,571
Long Beach CA Finance Authority Natural Gas Purchase Revenue 5.250% 11/15/20 50 55
Long Beach CA Finance Authority Natural Gas Purchase Revenue 5.250% 11/15/23 255 293
Long Beach CA Finance Authority Natural Gas Purchase Revenue 5.000% 11/15/24 90 103
Long Beach CA Finance Authority Natural Gas Purchase Revenue 5.500% 11/15/28 125 150
Long Beach CA Finance Authority Tax Revenue 5.500% 11/1/18 (2) 5,495 5,848
Long Beach CA Finance Authority Tax Revenue 5.500% 11/1/19 (2) 3,970 4,372
Long Beach CA Finance Authority Tax Revenue 5.500% 11/1/20 (2) 3,250 3,684
Long Beach CA Finance Authority Tax Revenue 5.500% 11/1/21 (2) 7,645 8,893
Long Beach CA Finance Authority Tax Revenue 5.500% 11/1/22 (2) 3,535 4,200
Long Beach CA Unified School District GO 0.000% 8/1/23 (12) 1,995 1,750
Long Beach CA Unified School District GO 0.000% 8/1/26 (12) 1,475 1,141
Los Angeles CA Community College District GO 5.000% 8/1/19 (Prere.) 7,210 7,851
Los Angeles CA Community College District GO 5.250% 8/1/19 (Prere.) 4,145 4,536
Los Angeles CA Community College District GO 5.000% 8/1/22 6,000 7,077
Los Angeles CA Community College District GO 5.000% 8/1/23 10,000 12,019
Los Angeles CA Community College District GO 5.000% 8/1/24 7,500 9,155
Los Angeles CA Community College District GO 5.000% 8/1/27 24,845 29,807
Los Angeles CA Community College District GO 5.000% 8/1/28 3,000 3,572
Los Angeles CA Community College District GO 5.000% 8/1/30 30,500 35,981
Los Angeles CA Community College District GO 4.000% 8/1/32 21,000 22,416
Los Angeles CA Community College District GO 4.000% 8/1/33 4,805 5,103
Los Angeles CA Community College District GO 4.000% 8/1/33 20,000 21,241
Los Angeles CA Community College District GO 5.000% 8/1/36 8,465 9,839
Los Angeles CA Department of Airports International Airport Revenue 5.250% 5/15/28 12,750 14,295
Los Angeles CA Department of Airports International Airport Revenue 5.250% 5/15/29 5,000 5,604
Los Angeles CA Department of Water & Power Revenue 5.000% 12/1/18 55,995 59,408
Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/27 7,985 9,555
Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/31 22,715 26,539
Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/32 2,565 3,012
Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/33 11,185 12,935
2 Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/33 3,000 3,540
2 Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/34 2,300 2,699
Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/35 23,055 27,007
2 Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/35 2,500 2,920
Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/36 2,750 3,174
Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/36 16,270 18,999
Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/37 11,140 12,968
Los Angeles CA Harbor Department Revenue 4.000% 8/1/18 1,225 1,273
Los Angeles CA Harbor Department Revenue 5.000% 8/1/19 1,000 1,090
Los Angeles CA Harbor Department Revenue 5.000% 8/1/22 1,000 1,180
Los Angeles CA Harbor Department Revenue 5.000% 8/1/23 1,000 1,201
Los Angeles CA Harbor Department Revenue 5.000% 8/1/28 6,930 7,508
Los Angeles CA Municipal Improvement Corp. Lease Revenue 5.000% 11/1/29 7,000 8,304
Los Angeles CA Municipal Improvement Corp. Lease Revenue 5.000% 11/1/30 10,000 11,792
Los Angeles CA Municipal Improvement Corp. Lease Revenue 4.000% 11/1/34 10,875 11,187
Los Angeles CA Unified School District GO 5.000% 7/1/17 (Prere.) 4,000 4,029
Los Angeles CA Unified School District GO 5.000% 7/1/17 (Prere.) 6,425 6,471
Los Angeles CA Unified School District GO 5.000% 7/1/17 (Prere.) 7,330 7,382

 

134

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Los Angeles CA Unified School District GO 5.000% 7/1/17 (Prere.) 10,000 10,071
Los Angeles CA Unified School District GO 5.000% 7/1/18 2,000 2,096
Los Angeles CA Unified School District GO 5.000% 7/1/18 2,575 2,699
Los Angeles CA Unified School District GO 5.000% 7/1/19 20,000 21,721
Los Angeles CA Unified School District GO 5.000% 7/1/19 20,625 22,400
Los Angeles CA Unified School District GO 5.000% 7/1/20 33,000 36,949
Los Angeles CA Unified School District GO 5.000% 7/1/22 20,000 23,517
Los Angeles CA Unified School District GO 5.250% 7/1/23 8,835 9,627
Los Angeles CA Unified School District GO 5.000% 7/1/26 20,000 24,051
Los Angeles CA Unified School District GO 5.000% 7/1/26 7,500 8,125
Los Angeles CA Unified School District GO 5.250% 7/1/28 8,000 9,005
Los Angeles CA Unified School District GO 5.000% 7/1/29 1,400 1,650
Los Angeles CA Unified School District GO 5.200% 7/1/29 6,295 6,843
Los Angeles CA Unified School District GO 3.000% 7/1/31 44,445 43,887
Los Angeles CA Unified School District GO 3.000% 7/1/32 15,895 15,534
Los Angeles CA Wastewater System Revenue 5.000% 6/1/29 6,520 7,019
Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue 5.000% 6/1/27 2,750 3,401
Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue 5.000% 7/1/27 4,000 4,937
Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue 5.000% 6/1/28 8,625 10,566
Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue 5.000% 6/1/29 9,145 11,119
Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue 5.000% 7/1/31 16,000 19,381
Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue 5.000% 7/1/32 18,870 22,708
Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue 5.000% 6/1/33 5,165 6,108
Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue 5.000% 7/1/33 14,815 17,726
Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue 5.000% 7/1/34 12,500 14,883
Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue 5.000% 7/1/35 16,845 19,958
Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue 5.000% 7/1/36 16,000 18,895
Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue 5.000% 7/1/37 20,500 24,131
Los Angeles County CA Public Works Financing Authority Lease Revenue 5.000% 8/1/17 5,000 5,054
Los Angeles County CA Public Works Financing Authority Lease Revenue 5.000% 8/1/27 1,475 1,688
Los Angeles County CA Public Works Financing Authority Lease Revenue 5.000% 8/1/28 2,000 2,281
Los Angeles County CA Public Works Financing Authority Lease Revenue 5.000% 8/1/29 2,365 2,697
Los Angeles County CA Public Works Financing Authority Lease Revenue 5.000% 8/1/32 3,000 3,403
Los Angeles County CA Unified School District GO 5.000% 7/1/27 63,330 78,107
M-S-R California Energy Authority Revenue 7.000% 11/1/34 6,000 8,410
Menifee CA Union School District Public Financing Authority Revenue 5.000% 9/1/21 1,090 1,237
Menifee CA Union School District Public Financing Authority Revenue 5.000% 9/1/23 1,000 1,163
Menifee CA Union School District Public Financing Authority Revenue 5.000% 9/1/27 1,000 1,174
Menifee CA Union School District Public Financing Authority Revenue 5.000% 9/1/31 (14) 1,310 1,480
1 Metropolitan Water District of Southern California Revenue PUT 1.280% 3/27/18 3,000 3,001
1 Metropolitan Water District of Southern California Revenue PUT 1.280% 3/27/18 31,000 31,012
Mount Diablo CA Unified School District GO 5.000% 8/1/29 6,415 7,339
Mount Diablo CA Unified School District GO 5.000% 8/1/30 5,510 6,279
Mount Diablo CA Unified School District GO 5.000% 8/1/32 12,910 14,711
Mount San Antonio CA Community College District GO 0.000% 8/1/28 3,000 2,773
Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) 5.000% 9/1/21 4,500 5,121
Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) 5.000% 9/1/22 1,500 1,732
Oakland CA Unified School District GO 6.250% 8/1/18 1,000 1,066
Oakland CA Unified School District GO 6.250% 8/1/19 1,150 1,283
Oakland CA Unified School District GO 5.000% 8/1/23 (4) 2,000 2,396
Oakland CA Unified School District GO 5.000% 8/1/24 (4) 2,000 2,432
Oakland CA Unified School District GO 5.000% 8/1/25 (4) 2,295 2,813
Oakland CA Unified School District GO 5.000% 8/1/26 (4) 2,820 3,440
Orange County CA Airport Revenue 5.250% 7/1/25 6,480 7,015
4 Orange County CA Sanitation District COP 5.000% 2/1/19 (Prere.) 4,510 4,826
Orange County CA Sanitation District COP 5.000% 2/1/19 (Prere.) 7,250 7,757
Palo Alto CA Unified School District GO 0.000% 8/1/23 13,900 12,291
Palo Alto CA Unified School District GO 0.000% 8/1/28 20,320 14,702
Palo Alto CA Unified School District GO 0.000% 8/1/29 19,530 13,377
Palo Alto CA Unified School District GO 0.000% 8/1/31 12,305 7,673
Palomar Pomerado Health California GO 0.000% 8/1/32 (12) 9,300 5,136
Paramount CA Redevelopment Agency Successor Agency Tax Allocation Revenue        
(Redevelopment Project Area No. 1) 0.000% 8/1/26 (14) 5,000 3,567
Peralta CA Community College District Revenue 5.000% 8/1/28 3,000 3,550
Perris CA Public Financing Authority Tax Allocation Revenue 5.000% 10/1/20 1,035 1,153
Perris CA Public Financing Authority Tax Allocation Revenue 5.000% 10/1/22 1,135 1,314
Perris CA Public Financing Authority Tax Allocation Revenue 5.000% 10/1/23 1,200 1,411
Perris CA Public Financing Authority Tax Allocation Revenue 5.000% 10/1/24 1,260 1,497
Perris CA Public Financing Authority Tax Allocation Revenue 5.000% 10/1/25 1,315 1,572
Perris CA Public Financing Authority Tax Allocation Revenue 5.000% 10/1/31 3,220 3,683
Poway CA Redevelopment Agency Successor Agency Tax Allocation Revenue 5.000% 12/15/24 3,550 4,224

 

135

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Poway CA Redevelopment Agency Successor Agency Tax Allocation Revenue 5.000% 12/15/25 5,580 6,692
Poway CA Redevelopment Agency Successor Agency Tax Allocation Revenue 5.000% 6/15/28 2,190 2,564
Poway CA Redevelopment Agency Successor Agency Tax Allocation Revenue 5.000% 12/15/28 2,190 2,559
Poway CA Redevelopment Agency Successor Agency Tax Allocation Revenue 5.000% 12/15/29 4,830 5,597
Poway CA Unified School District GO 0.000% 8/1/29 5,000 3,335
Poway CA Unified School District Public Financing Authority Special Tax Revenue 5.000% 9/1/27 (15) 2,750 3,227
Poway CA Unified School District Public Financing Authority Special Tax Revenue 5.000% 9/1/29 (15) 2,235 2,570
Poway CA Unified School District Public Financing Authority Special Tax Revenue 5.000% 9/1/30 (15) 1,745 1,996
Rancho Santiago CA Community College District GO 5.000% 9/1/25 6,690 7,942
Rancho Santiago CA Community College District GO 5.000% 9/1/26 16,145 19,086
Redding CA Electric System Revenue COP 5.000% 6/1/18 (Prere.) 3,980 4,161
Redding CA Electric System Revenue COP 5.000% 6/1/18 (Prere.) 4,545 4,751
Redding CA Electric System Revenue COP 5.000% 6/1/18 (Prere.) 2,695 2,817
Redding CA Electric System Revenue COP 5.000% 6/1/23 (4) 2,895 3,020
Redding CA Electric System Revenue COP 5.000% 6/1/25 (4) 3,315 3,456
Redding CA Electric System Revenue COP 5.000% 6/1/27 (4) 1,965 2,048
Rialto CA Redevelopment Agency Successor Agency Tax Allocation Revenue 5.000% 9/1/30 (15) 2,885 3,300
Rialto CA Redevelopment Agency Successor Agency Tax Allocation Revenue 5.000% 9/1/31 (15) 3,050 3,468
Rialto CA Redevelopment Agency Successor Agency Tax Allocation Revenue 5.000% 9/1/32 (15) 3,125 3,529
Riverside County CA Public Financing Authority Lease Revenue 5.000% 11/1/31 9,575 10,965
Riverside County CA Public Financing Authority Lease Revenue 5.000% 11/1/33 3,495 3,969
Riverside County CA Public Financing Authority Lease Revenue 5.000% 11/1/34 12,070 13,658
Riverside County CA Transportation Commission Sales Tax Revenue 5.000% 6/1/23 3,000 3,583
Riverside County CA Transportation Commission Sales Tax Revenue 5.250% 6/1/27 4,980 5,976
Riverside County CA Transportation Commission Sales Tax Revenue 5.250% 6/1/29 7,805 9,261
Riverside County CA Transportation Commission Toll Revenue 0.000% 6/1/25 8,790 6,281
Riverside County CA Transportation Commission Toll Revenue 0.000% 6/1/26 3,375 2,294
Riverside County CA Transportation Commission Toll Revenue 0.000% 6/1/27 5,480 3,545
Riverside County CA Transportation Commission Toll Revenue 0.000% 6/1/28 9,395 5,781
Riverside County CA Transportation Commission Toll Revenue 0.000% 6/1/29 11,075 6,461
Rocklin CA Unified School District GO 0.000% 8/1/22 (14) 5,450 4,929
Roseville CA Natural Gas Financing Authority Gas Revenue 5.000% 2/15/20 4,735 5,095
Roseville CA Natural Gas Financing Authority Gas Revenue 5.000% 2/15/23 115 129
Roseville CA Natural Gas Financing Authority Gas Revenue 5.000% 2/15/25 235 268
Roseville CA Natural Gas Financing Authority Gas Revenue 5.000% 2/15/26 145 166
Roseville CA Natural Gas Financing Authority Gas Revenue 5.000% 2/15/28 110 126
Sacramento CA City Financing Authority Revenue 5.000% 12/1/21 (15) 1,810 2,085
Sacramento CA City Financing Authority Revenue 5.000% 12/1/23 (15) 750 892
Sacramento CA City Financing Authority Revenue 5.000% 12/1/24 (15) 1,500 1,803
Sacramento CA City Financing Authority Tax Allocation Revenue 0.000% 12/1/25 (14) 13,125 10,455
Sacramento CA City Financing Authority Tax Allocation Revenue 0.000% 12/1/30 (14) 11,000 6,587
3 Sacramento CA Municipal Utility District Revenue TOB VRDO 1.000% 5/5/17 7,500 7,500
Sacramento CA Regional Transportation District Farebox Revenue 5.000% 9/1/20 (Prere.) 270 303
Sacramento CA Regional Transportation District Farebox Revenue 5.000% 9/1/20 (Prere.) 445 500
Sacramento CA Regional Transportation District Farebox Revenue 5.000% 3/1/24 450 499
Sacramento CA Regional Transportation District Farebox Revenue 5.000% 3/1/26 755 834
Sacramento County CA Airport Revenue 5.500% 7/1/27 7,870 8,257
Sacramento County CA Airport Revenue 5.500% 7/1/28 5,000 5,243
Sacramento County CA Airport Revenue 5.625% 7/1/29 5,485 5,749
Sacramento County CA GO 5.250% 2/1/18 6,140 6,332
Sacramento County CA GO 5.250% 2/1/19 4,940 5,283
Sacramento County CA GO 5.500% 2/1/20 4,700 5,212
Sacramento County CA Sanitation Districts Financing Authority Revenue 5.000% 8/1/26 1,000 1,210
Sacramento County CA Sanitation Districts Financing Authority Revenue 5.000% 8/1/28 1,100 1,309
Sacramento County CA Sanitation Districts Financing Authority Revenue 5.000% 12/1/30 2,000 2,340
Sacramento County CA Sanitation Districts Financing Authority Revenue 5.000% 8/1/31 1,000 1,169
Sacramento County CA Sanitation Districts Financing Authority Revenue 5.000% 12/1/31 3,000 3,485
Sacramento County CA Sanitation Districts Financing Authority Revenue 5.000% 8/1/35 1,000 1,145
San Bernardino CA City Unified School District GO 5.000% 8/1/29 (4) 1,960 2,274
San Bernardino CA City Unified School District GO 5.000% 8/1/30 (4) 1,180 1,368
San Bernardino CA City Unified School District GO 5.000% 8/1/31 (4) 1,320 1,522
San Bernardino CA City Unified School District GO 5.000% 8/1/32 (4) 1,400 1,609
San Bernardino CA Community College District GO 0.000% 8/1/22 (4) 3,535 3,197
San Bernardino CA Community College District GO 0.000% 8/1/23 (4) 5,000 4,386
San Bernardino CA Community College District GO 5.000% 8/1/24 12,065 14,403
San Bernardino CA Community College District GO 5.000% 8/1/25 13,965 16,555
San Bernardino CA Community College District GO 5.000% 8/1/26 14,080 16,619
San Bernardino County CA Medical Center (Arrowhead Project) COP 5.000% 8/1/17 2,500 2,525
San Bernardino County CA Medical Center (Arrowhead Project) COP 5.000% 8/1/18 8,995 9,424
San Bernardino County CA Medical Center (Arrowhead Project) COP 5.000% 8/1/19 8,500 9,195
San Diego CA Community College District GO 5.000% 8/1/17 (Prere.) 19,015 19,219

 

136

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
San Diego CA Community College District GO 5.250% 8/1/19 (Prere.) 3,325 3,637
San Diego CA Community College District GO 5.000% 8/1/21 (Prere.) 4,315 4,970
San Diego CA Community College District GO 5.000% 8/1/21 (Prere.) 4,000 4,607
San Diego CA Community College District GO 5.000% 8/1/21 (Prere.) 8,350 9,617
San Diego CA Community College District GO 5.000% 8/1/21 (Prere.) 3,895 4,486
San Diego CA Community College District GO 5.000% 8/1/21 (Prere.) 7,400 8,523
San Diego CA Community College District GO 5.000% 8/1/30 5,000 5,885
San Diego CA Community College District GO 4.000% 8/1/32 24,700 26,683
San Diego CA Public Facilities Financing Authority Sewer Revenue 5.000% 5/15/19 (Prere.) 2,000 2,162
San Diego CA Public Facilities Financing Authority Sewer Revenue 5.250% 5/15/20 (Prere.) 10,000 11,222
San Diego CA Public Facilities Financing Authority Sewer Revenue 5.000% 5/15/23 10,000 11,987
San Diego CA Public Facilities Financing Authority Sewer Revenue 5.000% 5/15/24 23,615 28,727
San Diego CA Public Facilities Financing Authority Sewer Revenue 5.000% 5/15/25 25,000 30,764
San Diego CA Public Facilities Financing Authority Water Revenue 5.000% 8/1/20 7,690 8,631
San Diego CA Public Facilities Financing Authority Water Revenue 5.000% 8/1/28 6,000 7,284
San Diego CA Public Facilities Financing Authority Water Revenue 5.000% 8/1/29 8,560 10,307
San Diego CA Public Facilities Financing Authority Water Revenue 5.000% 8/1/31 5,160 6,117
San Diego CA Public Facilities Financing Authority Water Revenue 5.000% 8/1/32 4,790 5,653
San Diego CA Public Facilities Financing Authority Water Revenue 5.000% 8/1/33 15,835 18,588
San Diego CA Public Facilities Financing Authority Water Revenue 5.000% 8/1/34 12,645 14,742
San Diego CA Public Facilities Financing Authority Water Revenue 5.000% 8/1/35 12,100 14,096
San Diego CA Public Facilities Financing Authority Water Revenue 5.000% 8/1/36 9,255 10,757
San Diego CA Unified School District GO 5.500% 7/1/27 (4) 17,020 21,856
San Diego CA Unified School District GO 0.000% 7/1/30 17,310 11,059
San Diego County CA Regional Airport Authority Revenue 5.000% 7/1/28 2,500 2,765
San Diego County CA Water Authority Revenue 5.000% 5/1/30 5,275 6,342
San Diego County CA Water Authority Revenue 5.000% 5/1/34 10,500 12,337
San Francisco CA Bay Area Rapid Transit District GO 5.000% 8/1/30 5,000 5,951
San Francisco CA Bay Area Rapid Transit District Sales Tax Revenue 5.000% 7/1/24 1,055 1,284
San Francisco CA Bay Area Rapid Transit District Sales Tax Revenue 5.000% 7/1/25 2,100 2,578
San Francisco CA Bay Area Rapid Transit District Sales Tax Revenue 5.000% 7/1/26 1,430 1,739
San Francisco CA City & County GO 5.000% 6/15/27 10,000 11,828
San Francisco CA City & County GO 4.000% 6/15/28 25,000 27,929
San Francisco CA City & County GO 4.000% 6/15/29 15,000 16,620
San Francisco CA City & County International Airport Revenue 5.000% 5/1/20 (Prere.) 2,135 2,378
San Francisco CA City & County International Airport Revenue 5.000% 5/1/20 (Prere.) 3,900 4,344
San Francisco CA City & County International Airport Revenue 5.000% 5/1/21 2,865 3,185
San Francisco CA City & County International Airport Revenue 5.000% 5/1/22 5,235 5,816
San Francisco CA City & County International Airport Revenue 5.250% 5/1/22 5,500 5,956
San Francisco CA City & County International Airport Revenue 5.500% 5/1/26 3,370 3,661
San Francisco CA City & County Public Utilities Commission Wastewater Revenue 5.000% 10/1/33 9,030 10,534
San Francisco CA City & County Public Utilities Commission Wastewater Revenue 5.000% 10/1/33 2,545 2,963
San Francisco CA City & County Public Utilities Commission Water Revenue 5.000% 11/1/28 10,000 12,172
San Francisco CA City & County Public Utilities Commission Water Revenue 4.000% 11/1/30 15,000 16,402
San Francisco CA City & County Public Utilities Commission Water Revenue 5.000% 11/1/31 8,000 9,549
San Francisco CA City & County Public Utilities Commission Water Revenue 5.000% 10/1/32 10,000 11,430
San Francisco CA City & County Public Utilities Commission Water Revenue 5.000% 11/1/32 2,000 2,337
San Francisco CA City & County Public Utilities Commission Water Revenue 5.000% 11/1/34 14,000 15,952
San Francisco CA City & County Unified School District GO 4.000% 6/15/31 13,670 14,496
San Francisco CA City & County Unified School District GO 4.000% 6/15/32 3,950 4,165
San Francisco CA City & County Unified School District GO 4.000% 6/15/33 8,885 9,429
San Joaquin County CA Transportation Authority Revenue 5.000% 3/1/34 3,000 3,528
San Joaquin County CA Transportation Authority Revenue 5.000% 3/1/35 3,110 3,639
San Joaquin County CA Transportation Authority Revenue 5.000% 3/1/36 3,000 3,500
San Joaquin Hills CA Transportation Corridor Agency Toll Road Revenue 0.000% 1/15/21 (14) 12,385 11,066
San Jose CA Airport Revenue 5.000% 3/1/27 2,255 2,629
San Jose CA Airport Revenue 5.000% 3/1/28 2,185 2,531
San Jose CA Redevelopment Agency Tax Allocation Revenue 5.000% 8/1/20 (2) 20,000 20,205
San Jose CA Redevelopment Agency Tax Allocation Revenue 5.000% 8/1/23 (2) 24,900 25,154
San Jose CA Redevelopment Agency Tax Allocation Revenue 5.000% 8/1/24 (14) 29,885 30,191
San Jose CA Redevelopment Agency Tax Allocation Revenue 5.250% 8/1/27 2,400 2,670
San Jose CA Redevelopment Agency Tax Allocation Revenue 5.375% 8/1/28 1,175 1,310
San Jose CA Redevelopment Agency Tax Allocation Revenue 6.500% 8/1/28 25,385 27,021
San Jose-Evergreen CA Community College District GO 5.000% 9/1/29 1,510 1,791
San Jose-Evergreen CA Community College District GO 5.000% 9/1/30 2,745 3,235
San Jose-Evergreen CA Community College District GO 5.000% 9/1/30 3,445 4,060
San Jose-Evergreen CA Community College District GO 5.000% 9/1/31 3,010 3,518
San Jose-Evergreen CA Community College District GO 5.000% 9/1/31 3,840 4,489
San Jose-Evergreen CA Community College District GO 5.000% 9/1/32 3,095 3,604
San Mateo County CA Joint Powers Financing Authority Lease Revenue        
(Maple Street Correctional Center) 5.000% 6/15/27 2,000 2,370

 

137

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
San Mateo County CA Joint Powers Financing Authority Lease Revenue        
(Maple Street Correctional Center) 5.000% 6/15/28 2,500 2,944
San Mateo County CA Joint Powers Financing Authority Lease Revenue        
(Maple Street Correctional Center) 5.000% 6/15/29 1,675 1,959
San Mateo County CA Joint Powers Financing Authority Lease Revenue (Youth Services Campus) 4.625% 7/15/18 (Prere.) 1,000 1,046
San Mateo County CA Joint Powers Financing Authority Lease Revenue (Youth Services Campus) 5.250% 7/15/18 (Prere.) 2,000 2,108
San Ramon CA Public Financing Authority Tax Allocation Revenue 0.000% 2/1/29 (2) 3,535 2,257
San Ramon CA Public Financing Authority Tax Allocation Revenue 0.000% 2/1/30 (2) 3,535 2,132
San Ramon CA Public Financing Authority Tax Allocation Revenue 0.000% 2/1/32 (2) 3,535 1,925
San Ramon Valley CA Unified School District GO 5.000% 8/1/26 3,385 4,000
San Ramon Valley CA Unified School District GO 5.000% 8/1/27 1,080 1,269
Santa Ana CA Unified School District GO 0.000% 8/1/29 (14) 3,315 2,219
Santa Ana CA Unified School District GO 0.000% 8/1/30 (14) 2,150 1,361
Santa Clara County CA Financing Authority Revenue 5.000% 5/15/27 2,110 2,545
Santa Clara Valley CA Transportation Authority Sales Tax Revenue 5.000% 4/1/26 700 849
Santa Clara Valley CA Transportation Authority Sales Tax Revenue 5.000% 4/1/28 1,000 1,192
Santa Clara Valley CA Transportation Authority Sales Tax Revenue 5.000% 4/1/29 1,000 1,184
Santa Clara Valley CA Transportation Authority Sales Tax Revenue 5.000% 4/1/30 1,000 1,176
Santa Clara Valley CA Transportation Authority Sales Tax Revenue 5.000% 4/1/31 1,000 1,169
Santa Clara Valley CA Transportation Authority Sales Tax Revenue 5.000% 4/1/32 1,500 1,745
Santa Clara Valley CA Transportation Authority Sales Tax Revenue 5.000% 4/1/33 1,500 1,737
Santa Clara Valley CA Transportation Authority Sales Tax Revenue 5.000% 4/1/35 2,650 3,043
Santa Clara Valley CA Transportation Authority Sales Tax Revenue 5.000% 4/1/36 1,750 2,005
Santa Clara Valley CA Water District Revenue 5.000% 6/1/32 2,000 2,367
Santa Clara Valley CA Water District Revenue 5.000% 6/1/33 2,000 2,356
Santa Monica CA Community College District GO 0.000% 8/1/23 9,045 7,934
Santa Monica CA Community College District GO 5.000% 8/1/24 4,210 5,034
Santa Monica CA Community College District GO 5.000% 8/1/25 5,000 5,927
Santa Monica CA Community College District GO 5.000% 8/1/26 8,650 10,210
Santa Monica CA Community College District GO 0.000% 8/1/27 6,565 4,906
Santa Monica CA Community College District GO 5.000% 8/1/27 5,145 6,046
Santa Monica CA Community College District GO 0.000% 8/1/28 7,105 5,050
Santa Monica CA Community College District GO 0.000% 8/1/29 12,640 8,575
Santa Monica CA Community College District GO 5.000% 8/1/35 4,000 4,717
Santa Monica CA Community College District GO 5.000% 8/1/36 4,250 5,000
Santa Rosa CA Wastewater Revenue 0.000% 9/1/27 (2) 11,125 8,146
Southern California Public Power Authority Revenue 5.000% 7/1/22 10,000 11,189
Southern California Public Power Authority Revenue 5.000% 7/1/27 10,000 11,145
Southern California Public Power Authority Revenue 5.000% 7/1/28 10,000 11,122
Southern California Public Power Authority Revenue 5.000% 7/1/29 2,500 2,774
Southern California Public Power Authority Revenue (Canyon Power Project) 5.000% 7/1/22 5,000 5,767
Southern California Public Power Authority Revenue (Milford Wind Corridor Phase I Project) 5.000% 7/1/26 9,000 9,893
Southern California Public Power Authority Revenue (Natural Gas Project) 5.250% 11/1/27 375 451
State Center California Community College District GO 5.000% 8/1/29 6,005 7,126
State Center California Community College District GO 5.000% 8/1/30 3,335 3,930
State Center California Community College District GO 5.000% 8/1/31 5,070 5,920
Sweetwater CA Unified School District GO 5.000% 8/1/29 (15) 3,300 3,832
Tahoe-Truckee CA Unified School District GO 5.000% 8/1/28 635 771
Tahoe-Truckee CA Unified School District GO 5.000% 8/1/29 440 530
Tahoe-Truckee CA Unified School District GO 5.000% 8/1/30 790 944
Tahoe-Truckee CA Unified School District GO 5.000% 8/1/31 580 686
Tahoe-Truckee CA Unified School District GO 5.000% 8/1/33 1,070 1,252
Tahoe-Truckee CA Unified School District GO 5.000% 8/1/36 1,585 1,828
Tulare County CA Transportation Authority Sales Tax Revenue 4.000% 2/1/34 3,000 3,104
Tulare County CA Transportation Authority Sales Tax Revenue 4.000% 2/1/35 2,000 2,078
Tuolumne CA Wind Project Authority Revenue 5.000% 1/1/19 (Prere.) 13,465 14,364
Tuolumne CA Wind Project Authority Revenue 5.000% 1/1/19 (Prere.) 13,130 14,007
Tuolumne CA Wind Project Authority Revenue 5.000% 1/1/19 3,000 3,201
Tuolumne CA Wind Project Authority Revenue 5.625% 1/1/19 (Prere.) 9,000 9,694
Turlock CA Irrigation District Revenue 5.000% 1/1/20 (Prere.) 3,935 4,335
Turlock CA Irrigation District Revenue 5.000% 1/1/20 (Prere.) 4,160 4,583
Turlock CA Irrigation District Revenue 5.000% 1/1/20 (Prere.) 4,335 4,776
Turlock CA Irrigation District Revenue 5.000% 1/1/20 (Prere.) 2,250 2,479
Union CA Elementary School District GO 0.000% 9/1/27 (14) 7,295 5,435
University of California Revenue 5.250% 5/15/19 (Prere.) 11,000 11,935
University of California Revenue 5.250% 5/15/19 (Prere.) 4,245 4,606
University of California Revenue 5.500% 5/15/19 (Prere.) 14,675 16,003
University of California Revenue 5.750% 5/15/19 (Prere.) 5,000 5,478
University of California Revenue 5.000% 5/15/23 2,000 2,392
University of California Revenue 5.000% 5/15/23 3,000 3,588
University of California Revenue 5.000% 5/15/23 1,500 1,710

 

138

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
University of California Revenue 5.000% 5/15/26 12,915 14,677
University of California Revenue 5.000% 5/15/27 6,010 7,216
University of California Revenue 5.000% 5/15/27 5,000 5,678
University of California Revenue 5.000% 5/15/28 25,995 30,536
University of California Revenue 5.000% 5/15/28 5,500 6,592
University of California Revenue 5.000% 5/15/28 12,500 14,880
University of California Revenue 5.000% 5/15/29 19,000 22,449
University of California Revenue 5.000% 5/15/30 2,830 3,170
University of California Revenue 5.000% 5/15/31 11,000 12,845
University of California Revenue 5.000% 5/15/32 21,800 25,198
University of California Revenue 5.000% 5/15/32 4,000 4,646
University of California Revenue 5.000% 5/15/33 31,200 35,930
University of California Revenue 5.000% 5/15/34 38,420 44,081
University of California Revenue 5.000% 5/15/36 7,175 8,280
University of California Revenue PUT 5.000% 5/15/23 127,165 151,178
Ventura County CA Community College District GO 0.000% 8/1/23 6,155 5,399
Ventura County CA Community College District GO 0.000% 8/1/24 8,050 6,811
Ventura County CA Community College District GO 0.000% 8/1/25 8,000 6,496
Ventura County CA Community College District GO 0.000% 8/1/26 8,500 6,597
Ventura County CA Community College District GO 0.000% 8/1/27 8,500 6,326
Ventura County CA Community College District GO 5.000% 8/1/27 1,000 1,181
Ventura County CA Community College District GO 5.000% 8/1/28 1,000 1,189
Ventura County CA Community College District GO 5.000% 8/1/29 1,000 1,166
Ventura County CA Public Financing Authority COP 5.625% 8/15/19 (Prere.) 1,000 1,104
Ventura County CA Public Financing Authority COP 5.750% 8/15/19 (Prere.) 1,750 1,938
Ventura County CA Public Financing Authority COP 5.750% 8/15/19 (Prere.) 1,750 1,938
Victor Valley CA Community College District GO 5.375% 8/1/19 (Prere.) 4,250 4,663
Vista CA Joint Powers Financing Authority Revenue 5.250% 5/1/32 6,155 7,249
Vista CA Joint Powers Financing Authority Revenue 5.250% 5/1/33 6,815 7,995
Vista CA Joint Powers Financing Authority Revenue 5.250% 5/1/34 7,355 8,599
Walnut CA Energy Center Authority Revenue 5.000% 1/1/29 2,510 2,723
Walnut CA Energy Center Authority Revenue 5.000% 1/1/30 3,775 4,094
West Basin CA Municipal Water District COP 5.000% 8/1/18 (Prere.) 5,365 5,646
West Basin CA Municipal Water District COP 5.000% 8/1/18 (Prere.) 5,000 5,262
West Contra Costa CA Unified School District GO 0.000% 8/1/17 (12) 1,565 1,561
West Contra Costa CA Unified School District GO 0.000% 8/1/18 (ETM) 3,000 2,962
West Contra Costa CA Unified School District GO 0.000% 8/1/19 (12) 4,190 4,063
West Contra Costa CA Unified School District GO 0.000% 8/1/20 (12) 6,000 5,711
West Contra Costa CA Unified School District GO 5.000% 8/1/27 2,405 2,866
West Contra Costa CA Unified School District GO 0.000% 8/1/28 (14) 5,230 3,668
West Contra Costa CA Unified School District GO 5.000% 8/1/29 3,500 4,104
West Contra Costa CA Unified School District GO 0.000% 8/1/30 (4) 13,450 8,600
West Contra Costa CA Unified School District GO 0.000% 8/1/32 (12) 5,000 2,868
West Contra Costa CA Unified School District GO 0.000% 8/1/32 (4) 18,000 10,227
West Contra Costa CA Unified School District GO 5.000% 8/1/32 (4) 6,270 7,057
West Contra Costa CA Unified School District GO 0.000% 8/1/33 (12) 2,810 1,513
West Contra Costa CA USD 0.000% 8/1/31 (3) 6,670 4,056
Westlands CA Water District Revenue 5.000% 9/1/26 (4) 1,000 1,151
        6,494,171
Colorado (1.4%)        
Adams & Arapahoe CO Joint School District No. 28J GO 5.000% 12/1/32 4,050 4,791
Adams County CO COP 5.000% 12/1/30 600 696
Adams County CO COP 5.000% 12/1/33 1,000 1,140
Adams County CO COP 5.000% 12/1/34 725 818
Aurora CO COP 5.000% 12/1/19 1,050 1,146
Aurora CO COP 5.000% 12/1/20 2,000 2,198
Aurora CO COP 5.000% 12/1/21 3,505 3,849
Aurora CO COP 5.000% 12/1/22 4,730 5,189
Aurora CO COP 5.000% 12/1/23 4,465 4,894
Aurora CO COP 5.000% 12/1/24 4,215 4,618
Aurora CO COP 5.000% 12/1/25 5,475 5,996
Boulder Valley CO School District GO 5.000% 12/1/34 3,055 3,610
Boulder Valley CO School District GO 5.000% 12/1/35 8,590 10,101
Boulder Valley CO School District GO 5.000% 12/1/36 9,020 10,572
Boulder Valley CO School District GO 5.000% 12/1/37 3,915 4,574
Broomfield CO City & County COP 5.000% 12/1/24 2,685 2,983
Broomfield CO City & County COP 5.000% 12/1/25 2,820 3,125
Broomfield CO City & County COP 5.000% 12/1/26 2,965 3,286
Broomfield CO City & County COP 5.000% 12/1/29 7,470 8,233
Colorado (UCDHSC Fitzsimons Academic Projects) COP 5.250% 11/1/23 5,000 5,944

 

139

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Colorado Health Facilities Authority Revenue        
(Adventist Health System/Sunbelt Obligated Group) PUT 5.000% 11/15/23 19,500 22,859
Colorado Health Facilities Authority Revenue        
(Adventist Health System/Sunbelt Obligated Group) PUT 5.000% 11/15/26 20,000 24,030
Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) 6.125% 10/1/28 10,000 10,631
Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) 5.500% 7/1/29 50,000 53,341
Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) 5.250% 2/1/31 17,000 17,885
Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) 5.000% 1/1/33 8,385 8,776
Colorado Health Facilities Authority Revenue (Christian Living Communities) 5.000% 1/1/25 600 645
Colorado Health Facilities Authority Revenue (Christian Living Communities) 5.000% 1/1/26 750 807
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 5.000% 12/1/23 2,000 2,274
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 5.000% 12/1/24 2,500 2,859
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 5.000% 12/1/25 2,540 2,892
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 5.000% 12/1/26 1,865 2,102
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 5.000% 12/1/27 2,025 2,191
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 5.000% 12/1/27 1,375 1,538
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 5.000% 12/1/28 1,030 1,145
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 5.000% 12/1/30 1,405 1,541
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 5.000% 12/1/33 6,750 7,109
Colorado Health Facilities Authority Revenue (NCMC Inc.) 4.000% 5/15/29 5,000 5,399
Colorado Health Facilities Authority Revenue (NCMC Inc.) 4.000% 5/15/30 8,500 9,108
Colorado Health Facilities Authority Revenue (NCMC Inc.) 4.000% 5/15/31 5,390 5,735
Colorado Health Facilities Authority Revenue (NCMC Inc.) 4.000% 5/15/32 5,500 5,817
Colorado Health Facilities Authority Revenue (Sisters of Charity of Leavenworth Health System) 5.000% 1/1/22 6,100 6,681
Colorado Health Facilities Authority Revenue (Sisters of Charity of Leavenworth Health System) 5.000% 1/1/22 13,175 14,430
Colorado Health Facilities Authority Revenue (Sisters of Charity of Leavenworth Health System) 5.250% 1/1/30 20,955 22,754
Commerce City CO Sales & Use Tax Revenue 5.000% 8/1/31 (4) 2,415 2,719
Commerce City CO Sales & Use Tax Revenue 5.000% 8/1/33 (4) 2,410 2,696
Denver CO City & County Airport Revenue 5.000% 11/15/24 3,000 3,573
Denver CO City & County Airport Revenue 5.000% 11/15/25 15,000 17,290
Denver CO City & County Airport Revenue 5.000% 11/15/25 3,790 4,536
Denver CO City & County Airport Revenue 5.000% 11/15/26 5,750 6,628
Denver CO City & County Airport Revenue 5.250% 11/15/28 3,210 3,532
Denver CO City & County Airport Revenue 5.250% 11/15/28 3,000 3,522
Denver CO City & County Airport Revenue 5.250% 11/15/29 5,000 5,838
Denver CO City & County Airport Revenue 5.250% 11/15/30 14,400 16,603
Denver CO City & County Airport Revenue 5.000% 11/15/31 4,000 4,674
Denver CO City & County Airport Revenue 5.000% 11/15/32 6,000 6,974
Denver CO City & County School District GO 5.000% 12/1/33 5,095 5,995
Denver CO City & County School District GO 5.000% 12/1/34 11,455 13,404
Denver CO City & County School District GO 5.000% 12/1/35 14,630 17,040
Denver CO City & County School District GO 5.000% 12/1/36 23,510 27,297
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/17 (14) 24,490 24,405
E-470 Public Highway Authority Colorado Revenue 5.250% 9/1/18 (14) 7,850 8,068
E-470 Public Highway Authority Colorado Revenue 5.250% 9/1/18 (14) 6,355 6,664
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/19 (14) 15,100 14,424
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/21 27,500 24,794
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/22 (14) 11,315 9,902
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/23 (14) 15,435 12,838
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/24 (14) 20,000 15,930
E-470 Public Highway Authority Colorado Revenue 5.250% 9/1/25 1,500 1,631
E-470 Public Highway Authority Colorado Revenue 5.375% 9/1/26 2,500 2,719
Eagle County CO School District GO 5.000% 12/1/32 4,600 5,425
Eagle County CO School District GO 5.000% 12/1/33 7,475 8,767
Eagle County CO School District GO 5.000% 12/1/34 6,000 6,999
Eagle County CO School District GO 5.000% 12/1/35 3,335 3,872
Eagle County CO School District GO 5.000% 12/1/36 1,400 1,621
El Paso County CO School District No. 20 Academy GO 5.000% 12/15/33 2,900 3,408
El Paso County CO School District No. 20 Academy GO 5.000% 12/15/34 2,015 2,355
El Paso County CO School District No. 20 Academy GO 5.000% 12/15/35 1,775 2,065
El Paso County CO School District No. 20 Academy GO 5.000% 12/15/36 2,000 2,320
El Paso County CO School District No. 20 Academy GO 5.000% 12/15/37 2,000 2,312
Garfield, Pitkin, & Eagle County CO School District GO 2.000% 12/15/17 500 504
Garfield, Pitkin, & Eagle County CO School District GO 4.000% 12/15/32 4,010 4,325
Garfield, Pitkin, & Eagle County CO School District GO 4.000% 12/15/33 7,535 8,074
Garfield, Pitkin, & Eagle County CO School District GO 4.000% 12/15/34 7,075 7,537
Garfield, Pitkin, & Eagle County CO School District GO 4.000% 12/15/35 7,440 7,886
Park Creek CO Metropolitan District Limited Property Tax Revenue 5.000% 12/1/23 1,520 1,743
Park Creek CO Metropolitan District Limited Property Tax Revenue 5.000% 12/1/26 1,000 1,141
Park Creek CO Metropolitan District Limited Property Tax Revenue 5.000% 12/1/29 2,000 2,228
Park Creek CO Metropolitan District Limited Property Tax Revenue 5.000% 12/1/31 1,500 1,655

 

140

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Park Creek CO Metropolitan District Limited Property Tax Revenue 5.000% 12/1/33 1,080 1,180
Park Creek CO Metropolitan District Limited Property Tax Revenue 5.000% 12/1/34 1,250 1,359
Park Creek CO Metropolitan District Limited Property Tax Revenue 5.000% 12/1/35 1,125 1,218
Regional Transportation District of Colorado COP 5.000% 6/1/23 2,000 2,215
Regional Transportation District of Colorado COP 5.000% 6/1/24 1,000 1,105
Regional Transportation District of Colorado COP 5.000% 6/1/25 1,000 1,101
Regional Transportation District of Colorado Sales Tax Revenue (FasTracks Project) 5.000% 11/1/24 5,000 5,825
Regional Transportation District of Colorado Sales Tax Revenue (FasTracks Project) 5.000% 11/1/25 5,875 6,844
University of Colorado Enterprise System Revenue 5.000% 6/1/17 (Prere.) 5,785 5,807
University of Colorado Enterprise System Revenue 5.500% 6/1/19 (Prere.) 2,750 2,999
University of Colorado Enterprise System Revenue 5.000% 6/1/26 1,250 1,442
University of Colorado Enterprise System Revenue 5.000% 6/1/26 1,500 1,781
University of Colorado Enterprise System Revenue 5.000% 6/1/27 2,085 2,405
University of Colorado Enterprise System Revenue 4.000% 6/1/28 5,600 6,143
University of Colorado Enterprise System Revenue 5.000% 6/1/28 2,480 2,854
University of Colorado Enterprise System Revenue 5.000% 6/1/28 2,000 2,342
University of Colorado Enterprise System Revenue 5.000% 6/1/29 2,445 2,814
University of Colorado Enterprise System Revenue 5.000% 6/1/29 2,250 2,617
University of Colorado Enterprise System Revenue 5.000% 6/1/30 2,720 3,068
University of Colorado Enterprise System Revenue 5.000% 6/1/31 1,850 2,086
University of Colorado Enterprise System Revenue 5.000% 6/1/32 1,950 2,199
University of Colorado Enterprise System Revenue 4.000% 6/1/33 3,700 3,962
University of Colorado Enterprise System Revenue 5.000% 6/1/33 3,155 3,558
University of Colorado Hospital Authority Revenue 5.000% 11/15/27 6,000 6,880
University of Colorado Hospital Authority Revenue 6.000% 11/15/29 9,850 10,799
        742,848
Connecticut (1.2%)        
1 Connecticut GO 1.670% 5/15/17 5,000 5,001
1 Connecticut GO 1.820% 5/15/18 14,100 14,117
Connecticut GO 5.000% 11/15/18 8,500 8,998
Connecticut GO 5.000% 3/15/20 7,770 8,516
1 Connecticut GO 2.150% 4/15/20 17,000 17,128
Connecticut GO 5.000% 11/1/20 4,970 5,535
1 Connecticut GO 1.650% 3/1/21 4,305 4,296
Connecticut GO 5.000% 11/1/21 5,000 5,687
Connecticut GO 4.000% 3/15/22 14,405 15,796
Connecticut GO 5.000% 4/15/22 6,005 6,874
Connecticut GO 5.000% 5/15/22 11,310 12,754
Connecticut GO 5.000% 6/1/22 8,010 9,189
Connecticut GO 5.000% 6/15/22 9,355 10,740
Connecticut GO 5.000% 9/15/22 6,830 7,874
Connecticut GO 5.000% 11/15/22 5,000 5,780
Connecticut GO 5.000% 11/15/22 7,120 8,231
Connecticut GO 5.000% 3/15/23 14,555 16,869
Connecticut GO 5.000% 11/1/23 10,000 11,380
Connecticut GO 5.000% 11/15/23 7,715 9,020
Connecticut GO 5.000% 11/15/23 14,275 16,689
Connecticut GO 5.000% 3/15/24 10,000 11,689
Connecticut GO 5.000% 6/1/24 10,000 11,399
Connecticut GO 5.000% 9/1/24 20,000 23,490
Connecticut GO 5.000% 10/15/24 10,805 12,394
Connecticut GO 5.000% 11/15/24 6,440 7,579
Connecticut GO 5.000% 11/15/24 10,025 11,798
Connecticut GO 5.000% 3/1/25 19,440 22,229
Connecticut GO 5.000% 9/1/25 19,395 22,506
Connecticut GO 5.000% 9/1/26 13,170 15,247
Connecticut GO 5.000% 11/1/26 9,250 10,492
Connecticut GO 5.000% 3/15/27 9,800 11,321
Connecticut GO 5.000% 3/1/30 8,900 10,003
Connecticut GO 5.000% 4/15/32 4,000 4,434
Connecticut GO 5.000% 8/15/32 20,000 22,474
Connecticut Health & Educational Facilities Authority Revenue (Hartford Healthcare) 5.000% 7/1/32 4,000 4,300
Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) 5.000% 7/1/24 5,475 6,420
Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) 5.000% 7/1/25 5,190 6,094
Connecticut Health & Educational Facilities Authority Revenue (Stamford Hospital) 5.000% 7/1/32 15,000 16,218
Connecticut Health & Educational Facilities Authority Revenue (Wesleyan University) 5.000% 7/1/20 (Prere.) 8,550 9,553
Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 1.200% 2/1/19 14,920 14,911
Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 1.000% 2/6/19 40,000 39,799
Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT 2.000% 7/1/26 8,000 7,680
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 11/1/17 7,090 7,238
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 9/1/22 5,000 5,822

 

141

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 11/1/23 12,085 12,778
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 11/1/24 10,880 11,499
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 1/1/25 19,445 22,696
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 11/1/25 12,515 13,223
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 1/1/26 8,225 9,552
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 1/1/27 15,000 17,341
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 9/1/31 10,000 11,522
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 9/1/32 6,000 6,879
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 9/1/34 3,745 4,259
University of Connecticut GO 5.000% 2/15/27 8,000 9,298
        634,611
Delaware (0.1%)        
Delaware GO 5.000% 8/1/24 6,040 7,249
Delaware Transportation Authority Transportation System Revenue 5.000% 7/1/19 (Prere.) 10,000 10,845
2 Delaware Transportation Authority Transportation System Revenue 5.000% 7/1/21 8,300 9,523
Delaware Transportation Authority Transportation System Revenue 5.000% 7/1/22 6,000 7,044
University of Delaware Revenue 5.000% 11/1/22 1,000 1,092
        35,753
District of Columbia (0.3%)        
District of Columbia GO 5.000% 12/1/17 (Prere.) 5,325 5,455
District of Columbia GO 5.000% 12/1/17 (Prere.) 11,840 12,128
District of Columbia GO 5.000% 12/1/17 (Prere.) 10,380 10,633
District of Columbia GO 5.000% 6/1/19 5,000 5,414
District of Columbia GO 5.000% 6/1/21 5,000 5,730
District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) 5.000% 7/15/24 2,025 2,410
District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) 5.000% 7/15/25 2,200 2,638
District of Columbia Income Tax Revenue 5.000% 12/1/22 3,500 4,139
District of Columbia Income Tax Revenue 5.000% 12/1/32 5,210 5,917
District of Columbia Revenue (Georgetown University) PUT 4.700% 4/1/18 (Prere.) 23,500 24,317
District of Columbia Revenue (Methodist Home of the District of Columbia) 4.500% 1/1/25 1,645 1,627
District of Columbia Revenue (National Public Radio, Inc.) 5.000% 4/1/25 4,170 4,928
District of Columbia Revenue (National Public Radio, Inc.) 5.000% 4/1/26 3,985 4,735
District of Columbia Revenue (National Public Radio, Inc.) 5.000% 4/1/28 2,000 2,341
District of Columbia Water & Sewer Authority Public Utility Revenue 5.000% 10/1/31 9,595 10,774
District of Columbia Water & Sewer Authority Public Utility Revenue 5.000% 10/1/31 5,115 5,743
District of Columbia Water & Sewer Authority Public Utility Revenue 5.000% 10/1/32 5,000 5,593
District of Columbia Water & Sewer Authority Public Utility Revenue 5.000% 10/1/32 5,000 5,593
Metropolitan Washington DC/VA Airports Authority Dulles Toll Road Revenue        
(Dulles Metrorail & Capital Improvement Projects) 0.000% 10/1/37 51,700 19,898
        140,013
Florida (5.4%)        
Alachua County FL Health Facilities Authority Revenue        
(Shands Teaching Hospital & Clinics, Inc. Project) 5.000% 12/1/25 1,000 1,161
Alachua County FL Health Facilities Authority Revenue        
(Shands Teaching Hospital & Clinics, Inc. Project) 5.000% 12/1/26 1,250 1,441
Alachua County FL Health Facilities Authority Revenue        
(Shands Teaching Hospital & Clinics, Inc. Project) 5.000% 12/1/27 1,300 1,488
Alachua County FL Health Facilities Authority Revenue        
(Shands Teaching Hospital & Clinics, Inc. Project) 5.000% 12/1/34 22,000 24,353
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/22 5,050 5,771
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/23 1,100 1,268
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/23 5,065 5,882
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/24 2,370 2,751
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/24 5,595 6,446
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/25 2,440 2,800
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/25 5,890 6,719
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/26 6,200 7,027
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/27 2,620 2,956
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/27 6,280 7,074
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/28 5,795 6,501
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/29 4,355 4,856
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/30 3,290 3,645
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/31 4,500 4,961
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/31 7,000 7,703
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/32 9,000 9,882
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/33 6,750 7,385
Brevard County FL School Board COP 5.000% 7/1/17 (Prere.) 4,615 4,649
Brevard County FL School Board COP 5.000% 7/1/17 (Prere.) 4,850 4,885
Brevard County FL School Board COP 5.000% 7/1/17 (Prere.) 5,090 5,127
Brevard County FL School Board COP 5.000% 7/1/25 1,000 1,156

 

142

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Broward County FL Airport System Revenue 5.000% 10/1/25 2,000 2,290
Broward County FL Airport System Revenue 5.000% 10/1/26 2,730 3,123
Broward County FL Airport System Revenue 5.000% 10/1/27 5,785 6,592
Broward County FL Airport System Revenue 5.000% 10/1/28 5,000 5,672
Broward County FL Airport System Revenue 5.500% 10/1/31 7,210 8,430
Broward County FL Airport System Revenue 5.500% 10/1/32 7,610 8,869
Broward County FL Airport System Revenue 5.500% 10/1/33 8,025 9,327
Broward County FL GO 5.000% 1/1/20 9,185 10,127
Broward County FL Port Facilities Revenue 5.500% 9/1/29 5,500 5,965
Broward County FL School Board COP 5.250% 7/1/18 (Prere.) 12,480 13,110
Broward County FL Water & Sewer Utility Revenue 5.000% 10/1/18 (Prere.) 2,000 2,115
Central Florida Expressway Authority BAN 1.625% 1/1/19 25,000 25,078
Central Florida Expressway Authority Revenue 5.000% 7/1/27 5,000 5,987
Central Florida Expressway Authority Revenue 5.000% 7/1/28 4,000 4,747
Central Florida Expressway Authority Revenue 4.000% 7/1/32 6,500 6,836
Central Florida Expressway Authority Revenue 4.000% 7/1/33 9,500 9,946
Central Florida Expressway Authority Revenue 5.000% 7/1/33 4,715 5,413
Central Florida Expressway Authority Revenue 5.000% 7/1/34 7,000 7,995
Citizens Property Insurance Corp. Florida Revenue (Coastal Account) 5.000% 6/1/20 19,000 20,879
Citizens Property Insurance Corp. Florida Revenue (Coastal Account) 5.000% 6/1/22 30,000 34,447
Citizens Property Insurance Corp. Florida Revenue (Coastal Account) 5.000% 6/1/25 20,000 23,737
Citizens Property Insurance Corp. Florida Revenue        
(Personal Lines Account/Commercial Lines Account) 5.000% 6/1/19 19,150 20,645
Citizens Property Insurance Corp. Florida Revenue        
(Personal Lines Account/Commercial Lines Account) 5.000% 6/1/20 21,100 23,358
Duval County FL School Board COP 5.000% 7/1/27 4,000 4,668
Duval County FL School Board COP 5.000% 7/1/33 14,415 16,290
Florida Board of Education Lottery Revenue 5.000% 7/1/17 (Prere.) 13,700 13,935
Florida Board of Education Lottery Revenue 5.000% 7/1/17 (Prere.) 14,385 14,631
Florida Board of Education Lottery Revenue 5.000% 7/1/17 (Prere.) 15,855 16,126
Florida Board of Education Lottery Revenue 5.000% 7/1/17 (Prere.) 14,690 14,942
Florida Board of Education Lottery Revenue 5.000% 7/1/18 4,000 4,190
Florida Board of Education Lottery Revenue 5.000% 7/1/19 2,775 3,009
Florida Board of Education Lottery Revenue 5.000% 7/1/24 11,385 12,027
Florida Board of Education Lottery Revenue 5.000% 7/1/25 13,215 13,957
Florida Board of Education Lottery Revenue 5.000% 7/1/26 13,875 14,650
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/17 (Prere.) 3,500 3,548
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/18 8,180 8,545
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/19 2,905 3,145
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/19 7,000 7,578
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/20 5,585 6,103
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/20 9,020 10,069
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/20 10,000 11,163
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/20 22,000 24,559
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/21 7,945 9,109
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/21 35,250 40,415
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/21 8,200 9,402
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/22 10,000 11,746
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/22 7,050 8,281
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/22 8,700 10,219
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/22 3,040 3,571
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/23 2,125 2,317
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/23 10,440 12,476
Florida Board of Education Public Education Capital Outlay GO 6.000% 6/1/23 7,000 8,765
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/25 20,515 24,563
Florida Board of Education Public Education Capital Outlay GO 4.000% 6/1/29 2,700 2,972
Florida Board of Education Public Education Capital Outlay GO 5.000% 6/1/31 5,000 5,639
Florida Board of Education Public Education Capital Outlay GO 4.000% 6/1/32 16,000 17,189
Florida Board of Education Public Education Capital Outlay GO 4.000% 6/1/33 5,570 5,901
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/17 (Prere.) 6,700 6,816
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/17 (Prere.) 10,045 10,219
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/17 (Prere.) 9,025 9,181
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/17 (Prere.) 9,475 9,639
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/17 (Prere.) 9,950 10,122
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/17 (Prere.) 5,445 5,539
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/17 (Prere.) 10,970 11,160
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/17 8,175 8,234
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/19 5,855 6,185
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/20 4,025 4,493
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/24 10,025 10,573
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/25 10,525 11,091

 

143

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/26 11,055 11,650
Florida Department of Environmental Protection & Preservation Revenue 5.000% 7/1/27 11,605 12,214
Florida Department of Transportation GO 5.000% 7/1/19 5,000 5,428
Florida Department of Transportation GO 5.000% 7/1/19 7,895 8,571
Florida Department of Transportation GO 5.000% 7/1/20 6,620 7,408
Florida Department of Transportation GO 5.000% 7/1/21 4,120 4,734
Florida Department of Transportation GO 5.000% 7/1/21 7,540 8,663
Florida Department of Transportation GO 5.000% 7/1/22 6,055 6,626
Florida Department of Transportation GO 5.000% 7/1/22 22,060 25,957
Florida Higher Educational Facilities Financing Authority Revenue (Nova Southeastern University) 5.000% 4/1/33 1,800 1,982
Florida Higher Educational Facilities Financing Authority Revenue (Nova Southeastern University) 5.000% 4/1/34 1,500 1,640
Florida Higher Educational Facilities Financing Authority Revenue (University of Tampa Project) 5.000% 4/1/32 1,000 1,083
Florida Mid-Bay Bridge Authority Revenue 5.000% 10/1/23 2,000 2,309
Florida Mid-Bay Bridge Authority Revenue 5.000% 10/1/24 1,750 2,044
Florida Mid-Bay Bridge Authority Revenue 5.000% 10/1/25 1,250 1,466
Florida Mid-Bay Bridge Authority Revenue 5.000% 10/1/30 2,750 3,084
Florida Municipal Power Agency Revenue 5.000% 10/1/18 (Prere.) 10,625 11,229
Florida Municipal Power Agency Revenue 5.250% 10/1/19 (4) 10,000 10,960
Florida Municipal Power Agency Revenue 5.750% 10/1/19 (Prere.) 3,000 3,329
Florida Municipal Power Agency Revenue 5.000% 10/1/21 5,000 5,720
Florida Municipal Power Agency Revenue 5.000% 10/1/23 1,750 2,062
Florida Municipal Power Agency Revenue 5.000% 10/1/24 1,000 1,190
Florida Municipal Power Agency Revenue 5.000% 10/1/25 1,705 2,038
Florida Municipal Power Agency Revenue 5.000% 10/1/26 1,000 1,194
Florida Municipal Power Agency Revenue 5.000% 10/1/27 1,100 1,306
Florida Municipal Power Agency Revenue 5.000% 10/1/27 1,875 1,976
Florida Municipal Power Agency Revenue 5.000% 10/1/28 1,370 1,617
Florida Municipal Power Agency Revenue 5.000% 10/1/29 5,000 5,895
Florida Municipal Power Agency Revenue 5.000% 10/1/29 3,475 4,070
Florida Municipal Power Agency Revenue 5.000% 10/1/30 9,995 11,737
Florida Municipal Power Agency Revenue 5.000% 10/1/31 8,500 9,924
Florida Municipal Power Agency Revenue VRDO 0.910% 5/1/17 LOC 31,200 31,200
Florida Ports Financing Commission Revenue 5.000% 10/1/24 2,075 2,353
Florida Ports Financing Commission Revenue 5.000% 10/1/26 1,420 1,608
Florida Ports Financing Commission Revenue 5.000% 10/1/28 2,000 2,264
Florida Turnpike Authority Revenue 5.000% 7/1/17 1,420 1,430
Florida Turnpike Authority Revenue 5.000% 7/1/17 (Prere.) 250 254
Florida Turnpike Authority Revenue 5.000% 7/1/17 (Prere.) 365 371
Florida Turnpike Authority Revenue 5.000% 7/1/19 1,115 1,134
Florida Turnpike Authority Revenue 5.000% 7/1/19 9,230 10,020
Florida Turnpike Authority Revenue 5.000% 7/1/20 1,635 1,664
Florida Turnpike Authority Revenue 5.000% 7/1/25 9,275 11,286
Florida Turnpike Authority Revenue 4.000% 7/1/33 9,030 9,541
Florida Turnpike Authority Revenue 4.000% 7/1/34 12,355 12,835
Florida Turnpike Authority Revenue 4.000% 7/1/34 7,000 7,351
Florida Water Pollution Control Financing Corp. Revenue 5.000% 1/15/20 2,000 2,134
Gainesville FL Utilities System Revenue VRDO 0.920% 5/5/17 27,930 27,930
Greater Orlando Aviation Authority Florida Airport Facilities Revenue 5.000% 10/1/25 1,690 1,866
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/23 1,320 1,528
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/24 1,110 1,297
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/25 1,350 1,582
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/27 1,445 1,670
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/28 2,000 2,295
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/29 2,000 2,277
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/30 2,000 2,259
Hernando County FL School District COP 5.000% 7/1/31 (4) 5,925 6,777
Highlands County FL Health Facilities Authority Hospital Revenue        
(Adventist Health System/Sunbelt Obligated Group) 5.000% 11/15/17 3,000 3,066
Highlands County FL Health Facilities Authority Hospital Revenue        
(Adventist Health System/Sunbelt Obligated Group) 5.000% 11/15/18 2,000 2,119
Highlands County FL Health Facilities Authority Hospital Revenue        
(Adventist Health System/Sunbelt Obligated Group) 5.000% 11/15/18 3,000 3,179
Highlands County FL Health Facilities Authority Hospital Revenue        
(Adventist Health System/Sunbelt Obligated Group) 5.000% 11/15/20 2,155 2,359
Highlands County FL Health Facilities Authority Hospital Revenue        
(Adventist Health System/Sunbelt Obligated Group) 5.000% 11/15/20 7,000 7,657
Highlands County FL Health Facilities Authority Hospital Revenue        
(Adventist Health System/Sunbelt Obligated Group) 4.500% 11/15/21 2,250 2,402
Highlands County FL Health Facilities Authority Hospital Revenue        
(Adventist Health System/Sunbelt Obligated Group) 5.250% 11/15/21 2,000 2,199
Hillsborough County FL Aviation Authority Revenue (Tampa International Airport) 5.000% 10/1/17 2,750 2,798

 

144

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Hillsborough County FL Aviation Authority Revenue (Tampa International Airport) 5.000% 10/1/18 3,400 3,588
Hillsborough County FL Community Investment Tax Revenue 5.000% 11/1/18 12,320 13,048
Hillsborough County FL Community Investment Tax Revenue 5.000% 11/1/19 14,680 16,049
Hillsborough County FL Industrial Development Authority Health Facilities Revenue        
(University Community Hospital) 5.500% 8/15/17 (ETM) 1,260 1,277
Hillsborough County FL Industrial Development Authority Hospital Revenue        
(Tampa General Hospital Project) 5.000% 10/1/28 12,300 13,978
Hillsborough County FL Industrial Development Authority Hospital Revenue        
(Tampa General Hospital Project) 5.000% 10/1/31 26,400 29,382
Hillsborough County FL Industrial Development Authority Hospital Revenue        
(Tampa General Hospital Project) 5.000% 10/1/34 3,000 3,291
Hillsborough County FL Industrial Development Authority Revenue        
(University Community Hospital) 6.500% 8/15/19 (ETM) 2,230 2,383
Hillsborough County FL School Board (Master Lease Program) COP 5.000% 7/1/27 13,575 15,585
Hillsborough County FL School Board (Master Lease Program) COP 5.000% 7/1/28 14,000 16,014
Hillsborough County FL School Board (Master Lease Program) COP 5.000% 7/1/29 15,070 17,167
Hillsborough County FL School Board COP 5.000% 7/1/24 16,305 18,004
Hillsborough County FL School Board COP 5.000% 7/1/25 6,000 6,611
Jacksonville FL Electric Authority Electric System Revenue 5.000% 4/1/20 (Prere.) 2,500 2,771
Jacksonville FL Electric Authority Electric System Revenue 5.000% 10/1/22 600 701
Jacksonville FL Electric Authority Electric System Revenue 5.000% 10/1/23 750 870
Jacksonville FL Electric Authority Electric System Revenue 5.000% 10/1/24 7,025 8,148
Jacksonville FL Electric Authority Electric System Revenue 5.000% 10/1/25 2,000 2,304
Jacksonville FL Electric Authority Electric System Revenue 5.000% 10/1/27 4,490 5,168
Jacksonville FL Electric Authority Electric System Revenue 5.000% 10/1/28 3,900 4,257
Jacksonville FL Electric Authority Electric System Revenue 5.000% 10/1/29 2,075 2,267
Jacksonville FL Electric Authority Revenue (St. John’s River Power Park) 5.000% 10/1/19 15,265 16,657
Jacksonville FL Electric Authority Revenue (St. John’s River Power Park) 5.000% 10/1/20 22,255 24,973
Jacksonville FL Electric Authority Water & Sewer Revenue 5.000% 10/1/29 6,160 6,947
Jacksonville FL Electric Authority Water & Sewer Revenue 5.000% 10/1/29 2,000 2,327
Jacksonville FL Electric Authority Water & Sewer Revenue 4.000% 10/1/30 3,000 3,201
Jacksonville FL Sales Taxes Revenue 4.750% 10/1/18 (Prere.) 13,280 13,989
Jacksonville FL Sales Taxes Revenue 5.000% 10/1/18 (Prere.) 5,415 5,723
Jacksonville FL Sales Taxes Revenue 5.000% 10/1/18 (Prere.) 5,685 6,008
Jacksonville FL Sales Taxes Revenue 5.000% 10/1/18 (Prere.) 5,970 6,310
Jacksonville FL Special Revenue 5.000% 10/1/19 (Prere.) 4,800 5,244
Jacksonville FL Special Revenue 5.000% 10/1/20 15,420 17,292
Jacksonville FL Special Revenue 5.000% 10/1/25 4,500 5,197
Jacksonville FL Special Revenue 5.000% 10/1/26 7,710 9,112
Jacksonville FL Special Revenue 5.000% 10/1/28 6,385 7,435
Jacksonville FL Special Revenue 5.000% 10/1/29 7,750 8,952
Jacksonville FL Special Revenue 5.000% 10/1/30 3,145 3,609
Jacksonville FL Special Revenue 5.000% 10/1/32 1,750 2,009
Jacksonville FL Special Revenue 5.000% 10/1/33 3,105 3,518
Jacksonville FL Special Revenue 5.000% 10/1/34 1,765 1,991
Lake County FL School Board COP 5.000% 6/1/28 (4) 1,500 1,716
Lake County FL School Board COP 5.000% 6/1/29 (4) 1,750 1,990
Lake County FL School Board COP 5.000% 6/1/30 (4) 3,000 3,393
Lake County FL School Board COP 5.000% 6/1/31 (4) 5,000 5,679
Lakeland FL Educational Facilities Revenue (Florida Southern College Project) 5.000% 9/1/31 500 547
Lakeland FL Energy System Revenue 5.000% 10/1/17 1,000 1,018
Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) 5.000% 11/15/25 2,000 2,353
Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) 5.000% 11/15/27 5,000 5,851
Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) 5.000% 11/15/33 1,755 1,933
Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) 5.000% 11/15/35 3,000 3,282
Lee County FL Non-Ad Valorem Revenue 5.000% 10/1/22 1,750 2,044
Lee County FL Non-Ad Valorem Revenue 5.000% 10/1/23 2,750 3,260
Lee County FL Non-Ad Valorem Revenue 5.000% 10/1/24 3,000 3,600
Lee County FL School Board COP 5.000% 8/1/22 1,600 1,856
Lee County FL School Board COP 5.000% 8/1/23 1,130 1,328
Lee County FL School Board COP 5.000% 8/1/24 2,310 2,732
Lee County FL School Board COP 5.000% 8/1/27 5,000 5,839
Lee County FL School Board COP 5.000% 8/1/28 4,000 4,641
Lee County FL School Board COP 5.000% 8/1/34 3,500 3,971
Lee County FL School Board COP 5.000% 8/1/35 4,270 4,823
Lee County FL Transportation Facilities Revenue 5.000% 10/1/26 (4) 1,000 1,173
Lee County FL Transportation Facilities Revenue 5.000% 10/1/28 (4) 3,055 3,538
Lee County FL Transportation Facilities Revenue 5.000% 10/1/30 (4) 3,300 3,775
Lee County FL Transportation Facilities Revenue 5.000% 10/1/32 (4) 1,820 2,065
Lee County FL Transportation Facilities Revenue 5.000% 10/1/33 (4) 1,000 1,129
Lee County FL Transportation Facilities Revenue 5.000% 10/1/34 (4) 1,000 1,124

 

145

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Lee County FL Transportation Facilities Revenue 5.000% 10/1/35 (4) 1,000 1,120
Lee County FL Water & Sewer Revenue 5.250% 10/1/25 5,950 6,815
Manatee County FL Revenue 5.000% 10/1/22 1,255 1,472
Manatee County FL Revenue 5.000% 10/1/23 1,300 1,546
Manatee County FL Revenue 5.000% 10/1/25 1,325 1,570
Manatee County FL Revenue 5.000% 10/1/26 1,520 1,790
Manatee County FL Revenue 5.000% 10/1/27 1,580 1,851
Marco Island FL Utility System Revenue 5.250% 10/1/32 3,300 3,846
Marco Island FL Utility System Revenue 5.250% 10/1/33 2,000 2,322
Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) 5.000% 11/15/20 2,825 3,117
Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) 5.000% 11/15/21 3,415 3,836
Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) 5.000% 11/15/22 3,000 3,421
Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) 5.000% 11/15/23 2,525 2,859
Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) 5.000% 11/15/29 1,325 1,447
Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) 5.000% 11/15/30 1,000 1,104
Miami Beach FL Redevelopment Agency Tax Allocation Revenue 5.000% 2/1/34 4,000 4,478
Miami Beach FL Redevelopment Agency Tax Allocation Revenue 5.000% 2/1/35 5,000 5,578
Miami Beach FL Resort Tax Revenue 5.000% 9/1/25 840 1,007
Miami Beach FL Resort Tax Revenue 5.000% 9/1/26 1,000 1,189
Miami Beach FL Resort Tax Revenue 5.000% 9/1/28 1,300 1,532
Miami Beach FL Resort Tax Revenue 5.000% 9/1/29 1,000 1,169
Miami Beach FL Resort Tax Revenue 5.000% 9/1/30 1,500 1,745
Miami Beach FL Resort Tax Revenue 5.000% 9/1/35 1,500 1,702
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/18 (Prere.) 1,800 1,903
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/20 (Prere.) 555 624
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/23 1,460 1,630
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/24 2,630 2,935
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/25 2,850 3,354
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.750% 10/1/25 5,000 5,538
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/26 6,500 7,245
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/29 (12) 4,000 4,327
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/29 6,645 7,393
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/30 5,500 6,066
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/30 6,460 7,499
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/31 2,055 2,341
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/31 4,765 5,500
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/34 4,005 4,549
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/35 2,450 2,770
Miami-Dade County FL Building Better Communities GO 5.000% 7/1/27 3,600 4,352
Miami-Dade County FL Building Better Communities GO 5.000% 7/1/29 5,040 5,970
Miami-Dade County FL Building Better Communities GO 5.000% 7/1/35 8,210 9,405
Miami-Dade County FL Building Better Communities GO 5.000% 7/1/35 15,390 17,630
Miami-Dade County FL Building Better Communities GO 5.000% 7/1/36 14,000 15,953
Miami-Dade County FL Building Better Communities GO 5.000% 7/1/36 8,620 9,823
Miami-Dade County FL Expressway Authority Toll System Revenue 5.000% 7/1/23 4,000 4,687
Miami-Dade County FL Expressway Authority Toll System Revenue 5.000% 7/1/24 4,250 5,040
Miami-Dade County FL Expressway Authority Toll System Revenue 5.000% 7/1/25 3,750 4,400
Miami-Dade County FL Expressway Authority Toll System Revenue 5.000% 7/1/26 3,250 3,786
Miami-Dade County FL Expressway Authority Toll System Revenue 5.000% 7/1/27 2,250 2,604
Miami-Dade County FL Expressway Authority Toll System Revenue 5.000% 7/1/31 2,000 2,274
Miami-Dade County FL Expressway Authority Toll System Revenue 5.000% 7/1/32 2,550 2,889
Miami-Dade County FL Expressway Authority Toll System Revenue 5.000% 7/1/33 5,000 5,641
Miami-Dade County FL Health Facilities Authority Hospital Revenue (Nicklaus Children’s Hospital) 5.000% 8/1/35 1,020 1,148
Miami-Dade County FL Health Facilities Authority Hospital Revenue (Nicklaus Children’s Hospital) 5.000% 8/1/37 1,000 1,118
Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) 5.000% 6/1/30 2,450 2,496
Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) 5.000% 6/1/35 2,750 2,764
Miami-Dade County FL School Board COP 5.000% 5/1/17 (Prere.) 5,685 5,687
Miami-Dade County FL School Board COP 5.250% 5/1/18 (Prere.) 25,200 26,298
4 Miami-Dade County FL School Board COP 5.250% 5/1/18 (Prere.) 27,650 28,855
Miami-Dade County FL School Board COP 5.250% 5/1/18 (Prere.) 14,225 14,845
Miami-Dade County FL School Board COP 5.250% 5/1/18 (Prere.) 12,980 13,546
Miami-Dade County FL School Board COP 5.250% 5/1/18 (Prere.) 15,530 16,207
Miami-Dade County FL School Board COP 5.000% 8/1/19 (2) 5,265 5,517
Miami-Dade County FL School Board COP 5.000% 11/1/26 7,935 9,217
Miami-Dade County FL School Board COP 5.000% 11/1/27 10,000 11,547
Miami-Dade County FL School Board COP 5.000% 11/1/28 10,000 11,473
Miami-Dade County FL School Board COP 5.000% 11/1/29 10,000 11,394
Miami-Dade County FL Seaport Revenue 5.750% 10/1/30 2,300 2,700
Miami-Dade County FL Seaport Revenue 5.750% 10/1/32 2,600 3,035
Miami-Dade County FL Special Obligation Revenue 5.000% 10/1/24 2,000 2,314
Miami-Dade County FL Special Obligation Revenue 5.000% 10/1/25 2,750 3,171

 

146

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Miami-Dade County FL Special Obligation Revenue 5.000% 10/1/26 11,340 12,982
Miami-Dade County FL Special Obligation Revenue 5.000% 10/1/27 2,500 2,853
Miami-Dade County FL Special Obligation Revenue 5.000% 10/1/28 8,840 10,043
Miami-Dade County FL Special Obligation Revenue 0.000% 10/1/29 5,000 2,994
Miami-Dade County FL Special Obligation Revenue 5.000% 10/1/29 10,000 11,303
Miami-Dade County FL Special Obligation Revenue 4.000% 4/1/30 12,555 13,284
Miami-Dade County FL Special Obligation Revenue 5.000% 10/1/30 4,000 4,505
Miami-Dade County FL Special Obligation Revenue 5.000% 10/1/30 12,000 13,516
Miami-Dade County FL Special Obligation Revenue 4.000% 4/1/31 11,270 11,849
Miami-Dade County FL Special Obligation Revenue 0.000% 10/1/31 2,155 1,163
Miami-Dade County FL Special Obligation Revenue 5.000% 10/1/31 13,500 15,151
Miami-Dade County FL Special Obligation Revenue 0.000% 10/1/32 2,890 1,486
Miami-Dade County FL Special Obligation Revenue 5.000% 10/1/32 11,550 12,919
Miami-Dade County FL Transit Sales Surtax Revenue 5.000% 7/1/27 4,000 4,553
Miami-Dade County FL Transit Sales Surtax Revenue 5.000% 7/1/28 2,060 2,337
Miami-Dade County FL Transit Sales Surtax Revenue 4.000% 7/1/30 10,965 11,729
Miami-Dade County FL Transit Sales Surtax Revenue 5.000% 7/1/30 8,000 8,973
Miami-Dade County FL Transit Sales Surtax Revenue 4.000% 7/1/31 10,000 10,591
Miami-Dade County FL Transit Sales Surtax Revenue 5.000% 7/1/31 6,250 7,010
Miami-Dade County FL Transit Sales Surtax Revenue 5.000% 7/1/32 1,650 1,849
Miami-Dade County FL Water & Sewer Revenue 5.000% 10/1/17 (Prere.) 7,400 7,530
Miami-Dade County FL Water & Sewer Revenue 5.250% 10/1/21 20,000 23,092
North Brevard County FL Hospital District Revenue (Parrish Medical Center Project) 5.500% 10/1/18 (Prere.) 3,560 3,790
North Brevard County FL Hospital District Revenue (Parrish Medical Center Project) 5.500% 10/1/28 1,440 1,513
North Broward FL Hospital District Revenue VRDO 0.900% 5/5/17 LOC 18,000 18,000
Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) 5.250% 10/1/21 8,000 8,755
Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) 5.000% 10/1/29 3,000 3,486
Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) 5.000% 10/1/30 1,500 1,727
Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) 5.000% 10/1/33 5,000 5,666
Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) 5.000% 10/1/35 6,415 7,165
Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) 5.000% 10/1/36 5,000 5,568
Orange County FL Health Facilities Authority Revenue (Presbyterian Retirement Communities Inc.) 5.000% 8/1/31 2,400 2,639
Orange County FL Health Facilities Authority Revenue (Presbyterian Retirement Communities Inc.) 5.000% 8/1/36 4,750 5,126
Orange County FL School Board COP 4.500% 8/1/18 (Prere.) 8,400 8,777
Orange County FL School Board COP 4.500% 8/1/18 (Prere.) 7,000 7,314
Orange County FL Tourist Development Revenue 5.000% 10/1/17 5,955 6,059
Orange County FL Tourist Development Revenue 5.000% 10/1/18 (14) 18,980 19,315
Orange County FL Tourist Development Revenue 5.000% 10/1/19 8,680 9,462
Orange County FL Tourist Development Revenue 5.000% 10/1/20 (14) 15,345 15,613
Orange County FL Tourist Development Revenue 5.000% 10/1/21 (14) 16,605 16,894
Orlando & Orange County FL Expressway Authority Revenue 5.000% 7/1/20 (Prere.) 3,500 3,906
Orlando & Orange County FL Expressway Authority Revenue 5.000% 7/1/20 (Prere.) 7,780 8,683
Orlando & Orange County FL Expressway Authority Revenue 5.000% 7/1/20 (Prere.) 5,000 5,580
Orlando & Orange County FL Expressway Authority Revenue 5.000% 7/1/31 13,030 14,763
Orlando FL Capital Improvement Revenue 5.000% 10/1/21 1,000 1,149
Orlando FL Capital Improvement Revenue 5.000% 10/1/24 1,145 1,374
Orlando FL Capital Improvement Revenue 5.000% 10/1/26 1,200 1,464
Orlando FL Capital Improvement Revenue 5.000% 10/1/26 1,265 1,543
Orlando FL Utility Commission Utility System Revenue 5.250% 10/1/22 3,245 3,856
Orlando FL Utility Commission Utility System Revenue 5.000% 10/1/23 4,000 4,774
Orlando FL Utility Commission Utility System Revenue VRDO 0.910% 5/5/17 53,300 53,300
Orlando FL Utility Commission Utility System Revenue VRDO 0.910% 5/5/17 13,200 13,200
Osceola County FL Expressway System Revenue (Poinciana Parkway Project) 0.000% 10/1/29 1,000 755
Osceola County FL Expressway System Revenue (Poinciana Parkway Project) 0.000% 10/1/30 1,400 1,062
Osceola County FL Expressway System Revenue (Poinciana Parkway Project) 0.000% 10/1/31 1,600 1,215
Osceola County FL Expressway System Revenue (Poinciana Parkway Project) 0.000% 10/1/32 2,060 1,557
Osceola County FL Expressway System Revenue (Poinciana Parkway Project) 0.000% 10/1/33 3,000 2,248
Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) 5.000% 12/1/22 850 970
Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) 5.000% 12/1/23 1,250 1,441
Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) 5.000% 12/1/24 1,000 1,159
Palm Beach County FL Public Improvement Revenue 5.000% 5/1/33 6,000 7,003
Palm Beach County FL Public Improvement Revenue 5.000% 5/1/37 7,810 8,975
Palm Beach County FL School Board COP 5.000% 8/1/28 6,115 6,928
Palm Beach County FL School Board COP 5.000% 8/1/29 3,595 4,157
Palm Beach County FL School Board COP 5.000% 8/1/29 5,970 6,754
Palm Beach County FL School Board COP 5.000% 8/1/31 10,660 12,192
Palm Beach County FL School Board COP 5.000% 8/1/32 12,000 13,668
Palm Beach County FL Solid Waste Authority Revenue 5.000% 10/1/17 6,000 6,105
Palm Beach County FL Solid Waste Authority Revenue 5.000% 10/1/18 6,000 6,338
Palm Beach County FL Solid Waste Authority Revenue 5.500% 10/1/18 (Prere.) 15,000 15,957
Pasco County FL School Board COP 5.000% 8/1/24 2,315 2,706

 

147

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Port St. Lucie FL Utility Revenue 5.000% 9/1/18 (Prere.) 3,790 3,994
Port St. Lucie FL Utility Revenue 5.000% 9/1/27 860 1,024
Port St. Lucie FL Utility Revenue 5.000% 9/1/28 2,500 2,957
Port St. Lucie FL Utility Revenue 5.000% 9/1/29 2,000 2,347
Port St. Lucie FL Utility Revenue 5.000% 9/1/29 (12) 390 408
Port St. Lucie FL Utility Revenue 4.000% 9/1/30 2,200 2,342
Port St. Lucie FL Utility Revenue 5.000% 9/1/30 2,000 2,228
Port St. Lucie FL Utility Revenue 4.000% 9/1/31 2,500 2,644
Port St. Lucie FL Utility Revenue 5.000% 9/1/31 2,100 2,329
Reedy Creek FL Improvement District GO 5.250% 6/1/32 9,600 11,142
Reedy Creek FL Improvement District GO 5.250% 6/1/33 10,000 11,569
Reedy Creek FL Improvement District Utilities Revenue 5.000% 10/1/23 2,505 2,914
Sarasota County FL Infrastructure Sales Surtax Revenue 5.000% 10/1/23 1,000 1,191
Sarasota County FL Infrastructure Sales Surtax Revenue 5.000% 10/1/24 1,550 1,870
Sarasota County FL School Board COP 5.000% 7/1/18 2,185 2,285
Sarasota County FL School Board COP 5.000% 7/1/20 2,855 3,149
Sarasota County FL School Board COP 5.000% 7/1/20 (Prere.) 5,380 6,010
Sarasota County FL School Board COP 5.000% 7/1/20 (Prere.) 5,050 5,641
Seacoast FL Utility Authority Water & Sewer Revenue 5.000% 3/1/20 2,000 2,215
Seacoast FL Utility Authority Water & Sewer Revenue 5.000% 3/1/21 1,750 1,993
Seacoast FL Utility Authority Water & Sewer Revenue 5.000% 3/1/22 1,750 2,038
South Broward FL Hospital District Revenue 4.000% 5/1/33 3,860 3,969
St. Johns County FL Development Authority Revenue        
(Presbyterian Retirement Communities Project) 5.750% 8/1/20 (Prere.) 1,500 1,711
St. Lucie County FL School Board COP 5.000% 7/1/24 1,595 1,862
Sumter County FL Industrial Development Authority Hospital Revenue        
(Central Florida Health Alliance Project) 5.000% 7/1/24 500 579
Sumter County FL Industrial Development Authority Hospital Revenue        
(Central Florida Health Alliance Project) 5.000% 7/1/28 500 557
Sumter County FL Industrial Development Authority Hospital Revenue        
(Central Florida Health Alliance Project) 5.000% 7/1/29 500 553
Sumter County FL Industrial Development Authority Hospital Revenue        
(Central Florida Health Alliance Project) 5.125% 7/1/34 1,135 1,231
Sunshine State Governmental Financing Commission Florida Revenue        
(Miami Dade County Program) 5.000% 9/1/23 5,985 6,716
Sunshine State Governmental Financing Commission Florida Revenue        
(Miami Dade County Program) 5.125% 9/1/24 4,625 5,221
Sunshine State Governmental Financing Commission Florida Revenue        
(Miami Dade County Program) 5.000% 9/1/27 4,250 4,924
Sunshine State Governmental Financing Commission Florida Revenue        
(Miami Dade County Program) 5.000% 9/1/28 4,450 5,130
Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) 5.000% 12/1/24 925 1,061
Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) 5.000% 12/1/25 1,650 1,897
Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) 5.000% 12/1/27 1,100 1,245
Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) 5.000% 12/1/28 1,450 1,630
Tampa Bay FL Water Utility System Revenue 6.000% 10/1/29 (14) 10,000 13,114
Tampa Bay FL Water Utility System Revenue 5.000% 10/1/32 2,305 2,673
Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) 5.000% 9/1/21 1,220 1,380
Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) 5.000% 9/1/23 1,400 1,593
Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) 5.500% 9/1/28 2,500 2,983
Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) 5.500% 9/1/29 2,500 2,962
Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) 5.500% 9/1/30 3,505 4,126
Tampa FL Health System Revenue (BayCare Health System) 5.000% 11/15/19 3,580 3,913
Tampa FL Health System Revenue (BayCare Health System) 5.000% 11/15/21 18,420 20,277
Tampa FL Health System Revenue (BayCare Health System) 5.000% 11/15/22 13,395 14,802
Tampa FL Health System Revenue (BayCare Health System) 5.000% 11/15/33 14,686 16,321
Tampa FL Hospital Revenue 5.000% 7/1/21 1,000 1,124
Tampa FL Hospital Revenue 5.000% 7/1/22 1,075 1,228
Tampa FL Hospital Revenue 5.000% 7/1/24 1,000 1,127
Tampa FL Hospital Revenue 5.000% 7/1/25 1,935 2,162
Tampa FL Hospital Revenue 5.000% 7/1/26 1,500 1,667
Tampa FL Hospital Revenue 5.000% 7/1/27 1,000 1,106
Tampa FL Revenue (University of Tampa Project) 5.000% 4/1/26 1,400 1,625
Tampa FL Revenue (University of Tampa Project) 5.000% 4/1/30 1,650 1,861
Tampa FL Revenue (University of Tampa Project) 5.000% 4/1/32 1,880 2,101
Tampa FL Revenue (University of Tampa Project) 5.000% 4/1/33 2,340 2,605
Tampa FL Revenue (University of Tampa Project) 5.000% 4/1/34 2,505 2,776
Tampa FL Revenue (University of Tampa Project) 5.000% 4/1/35 1,680 1,854
Tohopekaliga FL Water Authority Utility System Revenue 5.750% 10/1/21 (Prere.) 2,300 2,724
University of South Florida Financing Corp. COP 5.000% 7/1/30 6,085 6,905

 

148

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Volusia County FL Educational Facilities Authority Revenue        
(Embry-Riddle Aeronautical University Inc.) 5.000% 10/15/27 1,125 1,270
Volusia County FL Educational Facilities Authority Revenue        
(Embry-Riddle Aeronautical University Inc.) 5.000% 10/15/28 1,000 1,123
Volusia County FL Educational Facilities Authority Revenue        
(Embry-Riddle Aeronautical University Inc.) 5.000% 10/15/29 1,100 1,226
Volusia County FL Educational Facilities Authority Revenue        
(Embry-Riddle Aeronautical University Inc.) 5.000% 10/15/30 1,750 1,942
Volusia County FL School Board COP 5.000% 8/1/23 1,000 1,183
Volusia County FL School Board COP 5.000% 8/1/24 500 597
Volusia County FL School Board COP 5.000% 8/1/25 1,675 1,976
Volusia County FL School Board COP 5.000% 8/1/27 1,800 2,092
Volusia County FL School Board COP 5.000% 8/1/28 1,650 1,907
Volusia County FL School Board COP 5.000% 8/1/29 2,350 2,697
Volusia County FL School Board COP 5.000% 8/1/30 3,880 4,428
Volusia County FL School Board COP 5.000% 8/1/31 2,350 2,671
Winter Park FL Water & Sewer Revenue 5.000% 12/1/29 1,975 2,153
        2,831,544
Georgia (2.7%)        
Athens-Clarke County GA Unified Government Water & Sewerage Revenue 5.000% 1/1/27 2,315 2,776
Athens-Clarke County GA Unified Government Water & Sewerage Revenue 5.000% 1/1/28 2,500 2,972
Athens-Clarke County GA Unified Government Water & Sewerage Revenue 4.000% 1/1/32 2,000 2,129
Atlanta GA Airport Passenger Facility Charge Revenue 5.000% 1/1/21 4,000 4,390
Atlanta GA Airport Passenger Facility Charge Revenue 5.000% 1/1/22 10,000 10,972
Atlanta GA Airport Passenger Facility Charge Revenue 5.000% 1/1/24 1,600 1,910
Atlanta GA Airport Passenger Facility Charge Revenue 5.000% 1/1/29 3,000 3,496
Atlanta GA Airport Passenger Facility Charge Revenue 5.000% 1/1/30 5,000 5,797
Atlanta GA Airport Passenger Facility Charge Revenue 5.000% 1/1/31 5,000 5,761
Atlanta GA Airport Passenger Facility Charge Revenue 5.000% 1/1/32 5,500 6,311
Atlanta GA Airport Passenger Facility Charge Revenue 5.000% 1/1/33 2,000 2,286
Atlanta GA Airport Passenger Facility Charge Revenue 5.000% 1/1/34 2,000 2,277
Atlanta GA Airport Revenue 5.000% 1/1/21 2,000 2,193
Atlanta GA Airport Revenue 5.000% 1/1/22 2,300 2,524
Atlanta GA Airport Revenue 5.000% 1/1/24 1,000 1,185
Atlanta GA Airport Revenue 5.875% 1/1/24 3,145 3,639
Atlanta GA Airport Revenue 5.000% 1/1/26 1,600 1,830
Atlanta GA Airport Revenue 5.000% 1/1/27 1,390 1,583
Atlanta GA Airport Revenue 5.000% 1/1/31 2,525 2,899
Atlanta GA Development Authority Revenue 5.000% 7/1/25 2,480 2,986
Atlanta GA Development Authority Revenue 5.000% 7/1/27 1,000 1,181
Atlanta GA Development Authority Revenue 5.000% 7/1/28 1,355 1,584
Atlanta GA Development Authority Revenue 5.000% 7/1/30 1,250 1,443
Atlanta GA GO 5.250% 12/1/19 (12) 4,925 5,446
Atlanta GA GO 5.250% 12/1/20 (12) 3,280 3,627
Atlanta GA Water & Wastewater Revenue 5.500% 11/1/17 (3) 5,400 5,527
Atlanta GA Water & Wastewater Revenue 5.500% 11/1/17 (4) 8,000 8,189
Atlanta GA Water & Wastewater Revenue 6.000% 11/1/19 (Prere.) 1,000 1,121
2 Atlanta GA Water & Wastewater Revenue 5.000% 11/1/20 1,360 1,533
Atlanta GA Water & Wastewater Revenue 5.500% 11/1/22 (4) 9,800 11,321
Atlanta GA Water & Wastewater Revenue 5.000% 11/1/23 3,000 3,589
Atlanta GA Water & Wastewater Revenue 5.000% 11/1/24 3,000 3,638
Atlanta GA Water & Wastewater Revenue 5.000% 11/1/25 2,500 3,035
Atlanta GA Water & Wastewater Revenue 5.750% 11/1/25 (4) 6,500 8,268
Atlanta GA Water & Wastewater Revenue 5.750% 11/1/26 (4) 15,220 19,734
Atlanta GA Water & Wastewater Revenue 5.750% 11/1/27 (4) 5,585 7,303
2 Atlanta GA Water & Wastewater Revenue 5.000% 11/1/34 6,180 7,292
2 Atlanta GA Water & Wastewater Revenue 5.000% 11/1/35 4,000 4,696
1 Atlanta GA Water & Wastewater Revenue PUT 2.165% 11/1/18 21,685 21,848
Burke County GA Development Authority Pollution Control Revenue        
(Georgia Power Co. Plant Vogtle Project) PUT 1.750% 6/1/17 15,500 15,510
Clarke County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) 5.000% 7/1/20 750 835
Clarke County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) 5.000% 7/1/30 3,285 3,823
Clarke County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) 5.000% 7/1/31 3,225 3,725
Cobb County GA Kennestone Hospital Authority Revenue 6.250% 4/1/34 (2) 1,000 1,110
Cobb County GA Kennestone Hospital Authority Revenue 5.500% 4/1/37 (2) 7,500 8,162
Dalton GA Development Authority Revenue (Hamilton Health Care System) 5.000% 8/15/22 1,675 1,930
Dalton GA Development Authority Revenue (Hamilton Health Care System) 5.000% 8/15/23 1,975 2,261
Dalton GA Development Authority Revenue (Hamilton Health Care System) 5.000% 8/15/24 1,000 1,137
Dalton GA Development Authority Revenue (Hamilton Health Care System) 5.000% 8/15/27 6,880 7,669
DeKalb County GA Private Hospital Authority (Children’s Healthcare of Atlanta Inc. Project) RAN 5.000% 11/15/17 1,250 1,277
DeKalb County GA Private Hospital Authority (Children’s Healthcare of Atlanta Inc. Project) RAN 5.000% 11/15/20 1,400 1,535

 

149

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
DeKalb County GA Water & Sewer Revenue 5.250% 10/1/23 1,410 1,633
DeKalb County GA Water & Sewer Revenue 5.250% 10/1/24 1,500 1,736
DeKalb County GA Water & Sewer Revenue 5.250% 10/1/31 2,225 2,542
DeKalb County GA Water & Sewer Revenue 5.250% 10/1/32 4,000 4,546
Fayette County GA Hospital Authority (Fayette Community Hospital Project) RAN 5.250% 6/15/23 11,395 12,296
Forsyth County GA GO 5.000% 3/1/20 2,145 2,378
Fulton County GA Development Authority Revenue (Piedmont Healthcare Inc. Project) 5.250% 6/15/19 (Prere.) 6,110 6,645
Fulton County GA Development Authority Revenue (Piedmont Healthcare Inc. Project) 5.000% 7/1/20 760 846
Fulton County GA Development Authority Revenue (Piedmont Healthcare Inc. Project) 5.000% 7/1/30 3,010 3,479
Fulton County GA Development Authority Revenue (Piedmont Healthcare Inc. Project) 5.000% 7/1/32 2,640 3,011
Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) 4.000% 7/1/25 1,000 1,048
Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) 4.000% 7/1/26 1,000 1,041
Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) 5.000% 7/1/31 7,000 7,604
Fulton County GA Water & Sewer Revenue 5.000% 1/1/33 10,000 11,281
Georgia GO 5.000% 2/1/19 33,695 36,069
Georgia GO 5.000% 7/1/19 5,000 5,430
Georgia GO 5.000% 7/1/19 18,000 19,549
Georgia GO 4.000% 11/1/19 2,500 2,683
Georgia GO 5.000% 12/1/19 12,995 14,301
Georgia GO 5.000% 2/1/20 34,000 37,600
Georgia GO 5.000% 7/1/20 18,460 20,669
Georgia GO 5.000% 7/1/20 3,000 3,359
Georgia GO 5.000% 7/1/20 10,000 11,197
Georgia GO 5.000% 7/1/20 21,065 23,586
Georgia GO 5.000% 11/1/20 9,240 10,448
Georgia GO 5.000% 2/1/21 46,000 52,364
Georgia GO 5.000% 10/1/21 8,000 9,259
Georgia GO 5.000% 1/1/22 9,415 10,948
Georgia GO 5.000% 1/1/22 14,000 16,280
Georgia GO 5.000% 2/1/22 13,425 15,641
Georgia GO 5.000% 2/1/22 6,590 7,678
Georgia GO 5.000% 7/1/22 22,000 25,868
Georgia GO 4.000% 10/1/22 2,150 2,430
Georgia GO 5.000% 12/1/22 46,000 54,554
Georgia GO 5.000% 1/1/23 11,000 13,060
Georgia GO 5.000% 2/1/23 18,395 21,877
Georgia GO 5.000% 2/1/23 5,000 5,946
Georgia GO 5.000% 7/1/23 20,160 23,666
Georgia GO 5.000% 1/1/24 18,065 21,824
Georgia GO 5.000% 7/1/24 22,865 27,855
Georgia GO 5.000% 12/1/24 10,000 12,261
Georgia GO 5.000% 2/1/25 3,000 3,602
Georgia GO 5.000% 2/1/27 10,000 11,862
Georgia GO 5.000% 12/1/27 5,175 6,430
Georgia Municipal Electric Power Authority Revenue 5.000% 1/1/22 12,000 13,479
Georgia Municipal Electric Power Authority Revenue 5.000% 1/1/24 4,000 4,537
Georgia Municipal Eletric Power Authority Revenue 5.000% 1/1/25 1,300 1,460
Georgia Road & Tollway Authority Revenue 5.000% 3/1/19 15,500 16,641
Georgia Road & Tollway Authority Revenue 5.000% 10/1/21 2,420 2,799
Glynn-Brunswick GA Memorial Hospital Authority Revenue        
(Southeast Georgia Health System Obligated Group) 5.000% 8/1/30 4,365 4,820
Glynn-Brunswick GA Memorial Hospital Authority Revenue        
(Southeast Georgia Health System Obligated Group) 5.000% 8/1/34 7,000 7,529
Gwinnett County GA School District GO 5.000% 8/1/20 20,000 22,449
Gwinnett County GA School District GO 5.000% 2/1/21 10,000 11,383
Gwinnett County GA School District GO 5.000% 8/1/21 23,000 26,519
Henry County GA Hospital Authority Revenue (Piedmont Fayette Hospital Project) 5.000% 7/1/30 5,375 6,027
Henry County GA Hospital Authority Revenue (Piedmont Fayette Hospital Project) 5.000% 7/1/34 10,000 11,004
Macon-Bibb County GA Hospital Authority Revenue (Medical Center of Central Georgia) 5.000% 8/1/22 1,430 1,544
Macon-Bibb County GA Hospital Authority Revenue (Medical Center of Central Georgia) 5.000% 8/1/24 1,250 1,346
Main Street Natural Gas Inc. Georgia Gas Project Revenue 5.250% 9/15/19 30 32
Main Street Natural Gas Inc. Georgia Gas Project Revenue 5.000% 3/15/20 23,970 26,220
Main Street Natural Gas Inc. Georgia Gas Project Revenue 5.000% 3/15/21 6,765 7,394
Main Street Natural Gas Inc. Georgia Gas Project Revenue 5.000% 3/15/21 37,000 41,403
Main Street Natural Gas Inc. Georgia Gas Project Revenue 5.000% 3/15/22 10,720 11,887
Metropolitan Atlanta GA Rapid Transportation Authority Georgia Sales Tax Revenue 5.250% 7/1/26 (14) 4,800 5,889
Metropolitan Atlanta Rapid Transportation Authority Georgia Sales Tax Revenue 5.000% 7/1/30 5,000 5,969
Metropolitan Atlanta Rapid Transportation Authority Georgia Sales Tax Revenue 5.000% 7/1/31 9,000 10,680
Metropolitan Atlanta Rapid Transportation Authority Georgia Sales Tax Revenue 5.000% 7/1/33 29,440 34,543
Metropolitan Atlanta Rapid Transportation Authority Georgia Sales Tax Revenue 5.000% 7/1/34 30,915 36,084
Metropolitan Atlanta Rapid Transportation Authority Georgia Sales Tax Revenue 5.000% 7/1/35 31,365 36,445

 

150

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Metropolitan Atlanta Rapid Transportation Authority Georgia Sales Tax Revenue 5.000% 7/1/36 22,080 25,579
Monroe County GA Development Authority Pollution Control Revenue        
(Oglethorpe Power Corp. Scherer Project) VRDO 0.920% 5/5/17 LOC 4,400 4,400
Municipal Electric Authority Georgia Revenue 5.000% 1/1/19 3,580 3,785
Municipal Electric Authority Georgia Revenue 5.750% 1/1/19 13,580 14,303
Municipal Electric Authority Georgia Revenue 5.000% 4/1/19 3,160 3,365
Municipal Electric Authority Georgia Revenue 5.000% 1/1/20 15,000 16,268
Municipal Electric Authority Georgia Revenue 4.000% 1/1/21 7,725 8,281
Municipal Electric Authority Georgia Revenue 5.000% 1/1/21 2,810 3,111
Municipal Electric Authority Georgia Revenue 5.000% 11/1/23 14,605 16,160
Municipal Electric Authority Georgia Revenue 5.000% 11/1/24 11,650 12,873
Municipal Electric Authority Georgia Revenue 5.000% 1/1/25 3,535 4,077
Municipal Electric Authority Georgia Revenue 5.000% 1/1/26 4,605 5,346
Municipal Electric Authority Georgia Revenue 5.000% 1/1/28 13,195 15,160
Municipal Electric Authority Georgia Revenue 5.000% 1/1/28 16,215 18,630
Municipal Electric Authority Georgia Revenue 5.000% 1/1/30 1,050 1,185
Municipal Electric Authority Georgia Revenue 5.000% 1/1/33 2,115 2,348
Municipal Electric Authority Georgia Revenue 5.000% 1/1/34 2,000 2,212
Municipal Electric Authority Georgia Revenue 5.000% 1/1/35 5,000 5,511
Municipal Electric Authority Georgia Revenue (Project One) 5.000% 1/1/21 7,600 8,415
Private Colleges & University Authority of Georgia Revenue (Emory University) 5.000% 10/1/20 1,220 1,378
Private Colleges & University Authority of Georgia Revenue (Emory University) 5.000% 10/1/21 775 898
Private Colleges & University Authority of Georgia Revenue (Emory University) 5.000% 10/1/23 510 614
Private Colleges & University Authority of Georgia Revenue (Emory University) 5.000% 9/1/29 3,340 3,635
Richmond County GA Hospital Authority (University Health Services Inc. Project) RAN 5.500% 1/1/19 (Prere.) 17,500 18,789
Savannah GA Hospital Authority Revenue (St. Joseph’s/Candler Health System, Inc.) 5.500% 7/1/30 4,000 4,645
Savannah GA Hospital Authority Revenue (St. Joseph’s/Candler Health System, Inc.) 5.500% 7/1/31 4,000 4,630
        1,381,328
Guam (0.0%)        
Guam Government Business Privilege Tax Revenue 5.000% 11/15/23 6,280 7,027
Guam Government Business Privilege Tax Revenue 5.000% 11/15/24 4,790 5,380
Guam Government Business Privilege Tax Revenue 5.000% 11/15/25 4,200 4,719
Guam Government Waterworks Authority Water & Waste Water System Revenue 5.000% 7/1/36 300 320
Guam International Airport Authority Revenue 5.000% 10/1/23 2,310 2,587
        20,033
Hawaii (1.0%)        
Hawaii Airports System Revenue 5.250% 7/1/30 13,975 15,438
Hawaii County HI GO 5.000% 9/1/28 1,000 1,198
Hawaii County HI GO 5.000% 9/1/29 2,065 2,455
Hawaii County HI GO 5.000% 9/1/30 1,000 1,183
Hawaii GO 5.000% 12/1/18 9,250 9,841
Hawai GO 5.000% 10/1/20 5,500 6,193
Hawaii GO 5.000% 10/1/20 9,910 11,159
Hawaii GO 5.000% 12/1/20 4,480 5,067
Hawaii GO 5.000% 10/1/21 7,715 8,910
Hawaii GO 5.000% 10/1/21 3,055 3,528
Hawaii GO 5.000% 11/1/22 11,155 13,157
Hawaii GO 5.000% 12/1/22 10,000 11,476
Hawaii GO 5.000% 8/1/24 14,970 18,091
Hawaii GO 5.000% 8/1/24 8,970 10,840
Hawaii GO 5.000% 10/1/24 10,000 12,129
Hawaii GO 5.000% 11/1/24 22,305 26,228
Hawaii GO 5.000% 4/1/25 19,785 24,026
Hawaii GO 5.000% 8/1/25 2,500 3,001
Hawaii GO 5.000% 8/1/25 4,105 4,927
Hawaii GO 5.000% 10/1/25 12,000 14,669
Hawaii GO 4.000% 4/1/26 26,025 29,729
Hawaii GO 5.000% 10/1/28 7,760 9,400
Hawaii GO 5.000% 10/1/28 9,000 10,902
Hawaii GO 5.000% 8/1/29 8,500 9,963
Hawaii GO 4.000% 4/1/30 21,685 23,531
Hawaii GO 4.000% 10/1/30 17,750 19,335
Hawaii GO 4.000% 4/1/31 21,410 23,058
Hawaii GO 4.000% 10/1/31 8,000 8,646
Hawaii GO 5.000% 8/1/33 2,865 3,303
Hawaii Highway Revenue 4.000% 1/1/22 1,000 1,114
Hawaii Highway Revenue 5.000% 1/1/24 2,500 2,994
Hawaii Highway Revenue 5.000% 1/1/32 2,180 2,514
Hawaii Pacific Health Revenue 5.625% 7/1/30 2,345 2,571
Honolulu HI City & County GO 5.000% 7/1/17 (Prere.) 3,000 3,022
Honolulu HI City & County GO 5.000% 7/1/17 (Prere.) 2,705 2,725

 

151

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Honolulu HI City & County GO 4.000% 10/1/18 1,920 2,003
Honolulu HI City & County GO 5.250% 7/1/19 (4) 4,755 5,184
Honolulu HI City & County GO 4.000% 10/1/19 2,515 2,691
Honolulu HI City & County GO 5.000% 10/1/19 3,365 3,680
Honolulu HI City & County GO 5.000% 10/1/19 2,055 2,247
Honolulu HI City & County GO 5.000% 10/1/20 5,015 5,645
Honolulu HI City & County GO 5.000% 10/1/20 3,675 4,137
Honolulu HI City & County GO 5.000% 8/1/21 (Prere.) 5,000 5,756
Honolulu HI City & County GO 5.000% 10/1/22 1,000 1,178
Honolulu HI City & County GO 5.000% 10/1/22 4,000 4,710
Honolulu HI City & County GO 5.000% 10/1/22 4,205 4,952
Honolulu HI City & County GO 5.000% 11/1/22 3,000 3,538
Honolulu HI City & County GO 5.000% 11/1/23 3,500 4,127
Honolulu HI City & County GO 5.000% 8/1/24 4,535 5,212
Honolulu HI City & County GO 5.000% 10/1/26 7,500 9,102
Honolulu HI City & County GO 5.000% 10/1/26 5,000 6,068
Honolulu HI City & County GO 5.000% 10/1/27 4,000 4,816
Honolulu HI City & County GO 5.000% 10/1/28 4,000 4,775
Honolulu HI City & County GO 5.000% 10/1/31 12,690 14,876
Honolulu HI City & County Wastewater System Revenue 5.000% 7/1/26 3,000 3,629
Honolulu HI City & County Wastewater System Revenue 5.000% 7/1/27 1,075 1,308
Honolulu HI City & County Wastewater System Revenue 4.000% 7/1/28 6,175 6,863
Honolulu HI City & County Wastewater System Revenue 4.000% 7/1/29 10,000 10,982
Honolulu HI City & County Wastewater System Revenue 5.000% 7/1/30 8,220 9,691
Honolulu HI City & County Wastewater System Revenue 5.000% 7/1/34 6,765 7,808
Honolulu HI City & County Wastewater System Revenue 5.000% 7/1/35 6,835 7,857
        499,158
Idaho (0.1%)        
Idaho Bond Bank Authority Revenue 5.250% 3/15/19 (Prere.) 755 814
Idaho Bond Bank Authority Revenue 5.250% 3/15/19 (Prere.) 285 307
Idaho Bond Bank Authority Revenue 5.250% 3/15/19 (Prere.) 1,245 1,343
Idaho Bond Bank Authority Revenue 5.250% 3/15/19 (Prere.) 715 771
4 Idaho Health Facilities Authority Revenue (Trinity Health Group) 6.125% 12/1/18 (Prere.) 12,050 13,019
Idaho Health Facilities Authority Revenue (Trinity Health Group) 5.000% 12/1/24 1,500 1,803
Idaho Health Facilities Authority Revenue (Trinity Health Group) 5.000% 12/1/25 2,750 3,295
Idaho Health Facilities Authority Revenue (Trinity Health Group) 5.000% 12/1/30 3,250 3,658
Idaho Housing & Finance Association RAN 4.750% 7/15/19 5,000 5,375
        30,385
Illinois (5.7%)        
Berwyn IL GO 5.000% 12/1/25 (4) 5,000 5,113
Chicago IL Board of Education GO 0.000% 12/1/18 (14) 4,520 4,328
Chicago IL Board of Education GO 5.000% 12/1/18 (4) 2,500 2,545
Chicago IL Board of Education GO 0.000% 12/1/19 (14) 5,610 5,209
Chicago IL Board of Education GO 5.000% 12/1/19 (4) 6,130 6,233
Chicago IL Board of Education GO 5.000% 12/1/19 (12) 1,015 1,056
Chicago IL Board of Education GO 6.000% 1/1/20 (14) 4,855 5,144
Chicago IL Board of Education GO 5.000% 12/1/20 (4) 1,500 1,525
Chicago IL Board of Education GO 5.500% 12/1/21 (4)(2) 4,090 4,434
Chicago IL Board of Education GO 5.000% 12/1/22 18,500 16,583
Chicago IL Board of Education GO 5.500% 12/1/22 (4) 9,625 10,498
Chicago IL Board of Education GO 5.000% 12/1/23 (4) 1,105 1,122
Chicago IL Board of Education GO 5.250% 12/1/24 (4) 1,840 1,921
Chicago IL Board of Education GO 5.250% 12/1/25 8,000 6,931
Chicago IL Board of Education GO 5.000% 12/1/26 (4) 12,640 12,913
Chicago IL Board of Education GO 5.250% 12/1/26 (12) 3,360 3,499
Chicago IL Board of Education GO 7.000% 12/1/26 19,500 19,526
Chicago IL Board of Education GO 5.000% 12/1/33 20,500 16,685
Chicago IL Board of Education GO 5.250% 12/1/35 11,985 9,874
1 Chicago IL Board of Education GO PUT 9.000% 5/4/17 11,330 11,330
Chicago IL GO 5.000% 1/1/21 (14) 5,490 5,600
Chicago IL GO 5.000% 1/1/21 (4) 18,155 18,490
Chicago IL GO 5.000% 1/1/26 11,500 11,531
Chicago IL GO 5.000% 1/1/26 (4) 1,160 1,165
Chicago IL GO 5.000% 1/1/26 1,500 1,504
Chicago IL GO 5.000% 1/1/27 (14) 5,000 5,098
Chicago IL GO 5.000% 1/1/28 (14) 5,000 5,098
Chicago IL Metropolitan Water Reclamation District GO 5.000% 12/1/30 35,000 38,849
Chicago IL Midway Airport Revenue 5.000% 1/1/23 2,500 2,906
Chicago IL Midway Airport Revenue 5.000% 1/1/24 3,400 4,004
Chicago IL Midway Airport Revenue 5.000% 1/1/26 6,040 6,841
Chicago IL Midway Airport Revenue 5.000% 1/1/32 10,000 11,150

 

152

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Chicago IL Midway Airport Revenue 5.000% 1/1/33 10,000 11,118
Chicago IL Midway Airport Revenue 5.000% 1/1/34 6,700 7,424
Chicago IL Midway Airport Revenue 5.000% 1/1/35 2,200 2,429
Chicago IL Motor Fuel Tax Revenue 5.000% 1/1/23 1,200 1,290
Chicago IL Motor Fuel Tax Revenue 5.000% 1/1/24 1,110 1,196
Chicago IL Motor Fuel Tax Revenue 5.000% 1/1/28 1,000 1,044
Chicago IL Motor Fuel Tax Revenue 5.000% 1/1/29 1,000 1,038
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/18 (Prere.) 18,295 18,802
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/18 4,000 4,107
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/18 (Prere.) 8,920 9,167
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/24 3,000 3,387
Chicago IL O’Hare International Airport Revenue 5.250% 1/1/24 1,250 1,438
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/25 7,410 8,281
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/25 5,500 6,509
Chicago IL O’Hare International Airport Revenue 5.500% 1/1/25 1,500 1,735
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/26 4,000 4,448
Chicago IL O’Hare International Airport Revenue 5.500% 1/1/26 1,000 1,154
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/27 3,560 3,942
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/27 32,400 38,768
Chicago IL O’Hare International Airport Revenue 5.500% 1/1/27 2,435 2,797
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/28 3,000 3,308
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/28 10,750 12,437
Chicago IL O’Hare International Airport Revenue 5.250% 1/1/28 5,000 6,041
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/29 3,000 3,293
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/29 (4) 2,300 2,635
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/29 10,300 11,840
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/29 2,000 2,308
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/30 3,220 3,518
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/30 5,700 6,532
Chicago IL O’Hare International Airport Revenue 5.250% 1/1/30 3,000 3,566
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/31 2,900 3,159
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/31 22,500 25,547
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/31 13,065 14,865
Chicago IL O’Hare International Airport Revenue 5.250% 1/1/31 3,595 4,243
Chicago IL O’Hare International Airport Revenue 5.500% 1/1/31 10,000 11,174
Chicago IL O’Hare International Airport Revenue 5.500% 1/1/31 13,495 15,079
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/32 10,000 11,303
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/32 3,500 3,962
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/32 4,750 5,378
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/33 20,040 22,578
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/33 1,750 1,974
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/33 4,750 5,358
Chicago IL O’Hare International Airport Revenue 5.250% 1/1/33 (4) 1,000 1,126
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/34 6,315 7,099
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/34 18,750 21,076
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/35 11,930 13,353
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/35 12,250 13,711
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/36 8,750 9,731
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/37 1,000 1,109
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/37 10,735 11,905
Chicago IL Park District GO 5.000% 1/1/21 2,000 2,204
Chicago IL Park District GO 5.000% 1/1/25 625 716
Chicago IL Park District GO 5.000% 1/1/25 4,425 4,832
Chicago IL Park District GO 5.000% 1/1/26 500 575
Chicago IL Park District GO 5.000% 1/1/27 1,000 1,141
Chicago IL Park District GO 5.000% 1/1/28 1,000 1,133
Chicago IL Park District GO 5.000% 1/1/29 785 883
Chicago IL Park District GO 5.000% 1/1/30 1,000 1,116
Chicago IL Park District GO 5.000% 1/1/31 1,000 1,109
Chicago IL Park District GO 5.000% 1/1/31 2,000 2,218
Chicago IL Park District GO 5.000% 1/1/33 2,000 2,196
Chicago IL Park District GO 5.000% 1/1/34 2,000 2,185
Chicago IL Park District Harbor Facilities GO 5.000% 1/1/28 4,835 5,183
Chicago IL Park District Harbor Facilities GO 5.000% 1/1/29 5,170 5,521
Chicago IL Park District Harbor Facilities GO 5.000% 1/1/30 2,770 2,946
Chicago IL Transit Authority Capital Grant Receipts Revenue 5.500% 6/1/18 7,435 7,741
Chicago IL Transit Authority Capital Grant Receipts Revenue 5.000% 6/1/20 4,900 5,173
Chicago IL Transit Authority Capital Grant Receipts Revenue 5.000% 6/1/20 (12) 3,185 3,392
Chicago IL Transit Authority Capital Grant Receipts Revenue 5.250% 6/1/24 (12) 5,000 5,200
Chicago IL Transit Authority Capital Grant Receipts Revenue 5.250% 6/1/25 (12) 11,000 11,413
Chicago IL Transit Authority Capital Grant Receipts Revenue 5.250% 6/1/26 (12) 8,260 8,560

 

153

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Chicago IL Transit Authority Capital Grant Receipts Revenue 5.000% 6/1/27 31,170 32,819
Chicago IL Transit Authority Capital Grant Receipts Revenue 5.000% 6/1/27 13,085 13,777
Chicago IL Transit Authority Capital Grant Receipts Revenue 5.000% 6/1/28 30,225 31,673
Chicago IL Transit Authority Sales Tax Receipts Revenue 5.000% 12/1/19 9,915 10,711
Chicago IL Transit Authority Sales Tax Receipts Revenue 5.250% 12/1/30 10,000 10,861
3 Chicago IL Transit Authority Sales Tax Receipts Revenue TOB VRDO 1.060% 5/5/17 15,380 15,380
Chicago IL Wastewater Transmission Revenue 5.000% 1/1/23 2,435 2,741
Chicago IL Wastewater Transmission Revenue 5.000% 1/1/28 1,550 1,711
Chicago IL Wastewater Transmission Revenue 5.000% 1/1/30 1,450 1,582
Chicago IL Wastewater Transmission Revenue 5.000% 1/1/31 2,000 2,170
Chicago IL Wastewater Transmission Revenue 5.000% 1/1/32 1,875 2,026
Chicago IL Wastewater Transmission Revenue 5.000% 1/1/33 2,100 2,260
Chicago IL Water Revenue 5.000% 11/1/19 (4) 17,565 18,522
Chicago IL Water Revenue 5.000% 11/1/23 1,670 1,871
Chicago IL Water Revenue 5.000% 11/1/24 1,500 1,678
Chicago IL Water Revenue 5.000% 11/1/25 2,000 2,217
Chicago IL Water Revenue 5.000% 11/1/26 2,000 2,205
Chicago IL Water Revenue 5.000% 11/1/28 5,000 5,461
Chicago IL Water Revenue 5.000% 11/1/30 3,590 3,888
Chicago IL Water Revenue 5.000% 11/1/31 3,000 3,236
Chicago IL Water Revenue 5.000% 11/1/32 3,000 3,225
Chicago IL Waterworks Revenue 5.000% 11/1/22 1,000 1,132
Chicago IL Waterworks Revenue 5.000% 11/1/29 1,000 1,099
Chicago IL Waterworks Revenue 5.000% 11/1/31 2,000 2,175
Chicago IL Waterworks Revenue 5.000% 11/1/33 2,000 2,155
Chicago IL Waterworks Revenue 5.000% 11/1/36 (2) 7,580 7,602
Cook County IL Community College District GO 5.000% 3/1/19 (Prere.) 1,100 1,127
Cook County IL Community College District GO 5.000% 12/1/24 2,000 2,201
Cook County IL Community College District GO 5.250% 12/1/26 2,000 2,199
Cook County IL Community College District GO 5.250% 12/1/27 2,000 2,187
Cook County IL Community College District GO 5.250% 12/1/28 2,000 2,167
Cook County IL Forest Preservation District GO 5.000% 12/15/24 1,020 1,120
Cook County IL Forest Preservation District GO 5.000% 12/15/25 1,000 1,090
Cook County IL Forest Preservation District GO 5.000% 12/15/26 2,485 2,695
Cook County IL Forest Preservation District GO 5.000% 12/15/26 2,225 2,413
Cook County IL Forest Preservation District GO 5.000% 12/15/27 2,605 2,813
Cook County IL Forest Preservation District GO 5.000% 12/15/27 2,335 2,585
Cook County IL Forest Preservation District GO 5.000% 12/15/28 2,240 2,409
Cook County IL Forest Preservation District GO 5.000% 12/15/28 2,455 2,640
Cook County IL Forest Preservation District GO 5.000% 12/15/32 5,000 5,356
Cook County IL GO 5.000% 11/15/18 8,000 8,426
Cook County IL GO 5.000% 11/15/20 7,500 8,052
Cook County IL GO 5.000% 11/15/21 5,410 5,785
Cook County IL GO 5.250% 11/15/28 35,500 38,519
Cook County IL High School District No. 205 (Thornton Township) GO 5.500% 12/1/17 (12) 2,000 2,052
Du Page & Cook Counties IL Community Consolidated School District GO 5.000% 6/1/24 1,750 2,064
Du Page & Cook Counties IL Community Consolidated School District GO 5.000% 6/1/25 1,820 2,132
Du Page & Cook Counties IL Community Consolidated School District GO 5.000% 6/1/26 2,290 2,669
Du Page & Cook Counties IL Community Consolidated School District GO 5.000% 6/1/27 2,000 2,320
Grundy & Will Counties IL Community Unified School District GO 5.875% 2/1/23 2,315 2,449
Grundy & Will Counties IL Community Unified School District GO 5.875% 2/1/25 2,720 2,876
Grundy & Will Counties IL Community Unified School District GO 5.875% 2/1/26 3,060 3,235
Grundy & Will Counties IL Community Unified School District GO 5.875% 8/1/28 6,520 6,891
Illinois Finance Authority Revenue (Advocate Health Care Network) 5.000% 4/1/19 (Prere.) 4,715 5,060
Illinois Finance Authority Revenue (Advocate Health Care Network) 5.000% 4/1/19 1,500 1,608
Illinois Finance Authority Revenue (Advocate Health Care Network) 5.000% 4/1/20 2,000 2,137
Illinois Finance Authority Revenue (Advocate Health Care Network) 5.000% 4/1/21 6,535 6,971
Illinois Finance Authority Revenue (Advocate Health Care Network) 5.000% 4/1/22 5,285 5,633
Illinois Finance Authority Revenue (Advocate Health Care Network) 5.000% 8/1/23 1,000 1,178
Illinois Finance Authority Revenue (Advocate Health Care Network) 5.000% 8/1/24 1,200 1,431
Illinois Finance Authority Revenue (Advocate Health Care Network) 5.000% 8/1/28 3,885 4,452
Illinois Finance Authority Revenue (Advocate Health Care Network) 5.000% 8/1/29 5,000 5,686
Illinois Finance Authority Revenue (Advocate Health Care Network) PUT 5.000% 2/12/20 6,595 7,237
Illinois Finance Authority Revenue (Art Institute of Chicago) 5.000% 3/1/30 3,000 3,322
Illinois Finance Authority Revenue (Carle Foundation) 5.625% 8/15/31 10,000 11,248
Illinois Finance Authority Revenue (Centegra Health System) 5.000% 9/1/27 15,000 16,213
Illinois Finance Authority Revenue (Centegra Health System) 5.000% 9/1/28 1,290 1,418
Illinois Finance Authority Revenue (Centegra Health System) 5.000% 9/1/32 7,575 8,010
Illinois Finance Authority Revenue (Centegra Health System) 5.000% 9/1/34 5,000 5,289
Illinois Finance Authority Revenue (Central DuPage Health) 5.000% 11/1/27 17,390 18,943
Illinois Finance Authority Revenue (Central DuPage Health) 5.125% 11/1/29 15,000 16,331

 

154

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Illinois Finance Authority Revenue (Children’s Memorial Hospital) 5.500% 8/15/28 21,760 22,839
Illinois Finance Authority Revenue (Christian Homes Inc.) 5.000% 5/15/26 1,000 1,096
Illinois Finance Authority Revenue (Christian Homes Inc.) 5.000% 5/15/31 2,560 2,709
Illinois Finance Authority Revenue (DePaul University) 5.000% 10/1/28 2,000 2,358
Illinois Finance Authority Revenue (DePaul University) 5.000% 10/1/29 2,000 2,331
Illinois Finance Authority Revenue (DePaul University) 5.000% 10/1/30 1,000 1,158
Illinois Finance Authority Revenue (DePaul University) 5.000% 10/1/33 2,000 2,279
Illinois Finance Authority Revenue (Edward Elmhurst Obligated Group) 5.000% 1/1/35 5,000 5,452
Illinois Finance Authority Revenue (Edward Elmhurst Obligated Group) 5.000% 1/1/36 6,430 6,984
Illinois Finance Authority Revenue (Edward Elmhurst Obligated Group) 5.000% 1/1/37 6,500 7,039
Illinois Finance Authority Revenue (Franciscan Communities Inc.) 4.000% 5/15/23 1,000 1,002
Illinois Finance Authority Revenue (Franciscan Communities Inc.) 4.750% 5/15/33 8,675 8,686
Illinois Finance Authority Revenue (Illinois Wesleyan University) 5.000% 9/1/36 1,000 1,074
Illinois Finance Authority Revenue (Loyola University) 5.000% 7/1/25 8,750 9,814
Illinois Finance Authority Revenue (Loyola University) 5.000% 7/1/26 3,595 4,012
Illinois Finance Authority Revenue (Loyola University) 5.000% 7/1/27 1,495 1,661
Illinois Finance Authority Revenue (Loyola University) 5.000% 7/1/28 1,570 1,736
Illinois Finance Authority Revenue (Loyola University) 5.000% 7/1/29 1,650 1,816
Illinois Finance Authority Revenue (Loyola University) 5.000% 7/1/30 1,730 1,896
Illinois Finance Authority Revenue (Loyola University) 5.000% 7/1/31 1,815 1,982
Illinois Finance Authority Revenue (Loyola University) 5.000% 7/1/32 1,905 2,074
Illinois Finance Authority Revenue (Memorial Health System) 5.250% 4/1/29 12,670 13,389
Illinois Finance Authority Revenue (Mercy Health System) 5.000% 12/1/23 1,215 1,405
Illinois Finance Authority Revenue (Mercy Health System) 4.000% 12/1/28 7,885 8,255
Illinois Finance Authority Revenue (Mercy Health System) 4.000% 12/1/31 6,500 6,589
Illinois Finance Authority Revenue (Mercy Health System) 4.000% 12/1/32 10,000 10,053
Illinois Finance Authority Revenue (Mercy Health System) 5.000% 12/1/33 3,840 4,179
Illinois Finance Authority Revenue (Mercy Health System) 5.000% 12/1/34 3,500 3,795
Illinois Finance Authority Revenue (Northwestern Community Hospital) 5.250% 7/1/18 (Prere.) 8,500 8,929
Illinois Finance Authority Revenue (Northwestern Community Hospital) 5.750% 8/15/30 9,000 9,875
Illinois Finance Authority Revenue (Northwestern Community Hospital) 5.000% 7/1/33 5,000 5,576
Illinois Finance Authority Revenue (Northwestern Community Hospital) 5.000% 7/1/35 5,500 6,083
Illinois Finance Authority Revenue (Northwestern Community Hospital) 5.000% 7/1/36 2,500 2,755
Illinois Finance Authority Revenue (Northwestern Memorial Hospital) VRDO 0.850% 5/1/17 15,700 15,700
Illinois Finance Authority Revenue (OSF Healthcare System) 7.000% 5/15/19 (Prere.) 10,000 11,187
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 5/15/22 2,000 2,294
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 5/15/23 3,750 4,282
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 11/15/23 1,000 1,170
Illinois Finance Authority Revenue (OSF Healthcare System) 4.500% 5/15/24 5,000 5,472
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 11/15/24 1,600 1,892
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 11/15/25 1,950 2,312
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 5/15/26 1,000 1,177
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 11/15/28 1,250 1,439
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 11/15/29 2,000 2,278
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 5/15/30 2,300 2,621
Illinois Finance Authority Revenue (OSF Healthcare System) 4.000% 5/15/31 2,150 2,186
Illinois Finance Authority Revenue (Palos Community Hospital) 5.375% 5/15/30 24,070 25,943
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/24 5,000 5,566
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/25 8,000 8,903
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/26 8,000 8,921
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/27 10,000 11,157
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/28 13,750 15,186
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/32 10,000 10,745
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 4.000% 2/15/33 1,800 1,680
Illinois Finance Authority Revenue (Riverside Health System) 4.000% 11/15/30 2,500 2,562
Illinois Finance Authority Revenue (Riverside Health System) 4.000% 11/15/31 2,000 2,035
Illinois Finance Authority Revenue (Riverside Health System) 4.000% 11/15/32 2,000 2,022
Illinois Finance Authority Revenue (Rush University Medical Center) 6.375% 5/1/19 (Prere.) 7,000 7,732
Illinois Finance Authority Revenue (Rush University Medical Center) 5.000% 11/15/25 2,870 3,375
Illinois Finance Authority Revenue (Rush University Medical Center) 5.000% 11/15/26 4,000 4,668
Illinois Finance Authority Revenue (Rush University Medical Center) 5.000% 11/15/27 4,000 4,614
Illinois Finance Authority Revenue (Rush University Medical Center) 5.000% 11/15/28 4,000 4,573
Illinois Finance Authority Revenue (Silver Cross & Medical Centers) 5.000% 8/15/25 1,000 1,155
Illinois Finance Authority Revenue (Silver Cross & Medical Centers) 5.500% 8/15/30 8,000 8,249
Illinois Finance Authority Revenue (Silver Cross & Medical Centers) 5.000% 8/15/35 2,700 2,915
Illinois Finance Authority Revenue (Southern Illinois Healthcare) 5.250% 3/1/30 (4) 7,000 7,544
Illinois Finance Authority Revenue (University of Chicago Medical Center) 5.000% 8/15/19 11,605 12,616
Illinois Finance Authority Revenue (University of Chicago Medical Center) 5.000% 8/15/20 3,185 3,560
Illinois Finance Authority Revenue (University of Chicago Medical Center) 5.000% 8/15/20 (Prere.) 3,355 3,763
Illinois Finance Authority Revenue (University of Chicago Medical Center) 5.000% 8/15/22 6,645 7,371
Illinois Finance Authority Revenue (University of Chicago Medical Center) 5.000% 8/15/24 1,100 1,309

 

155

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Illinois Finance Authority Revenue (University of Chicago Medical Center) 5.000% 8/15/26 1,700 2,018
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/22 2,000 2,285
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/22 2,000 2,339
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/23 4,000 4,550
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/23 5,265 6,245
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/24 5,195 5,902
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/25 2,990 3,385
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/26 3,500 3,973
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/28 4,400 4,965
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/28 15,000 17,381
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/29 4,250 4,790
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/29 12,250 14,105
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/30 5,250 5,891
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/31 5,300 5,940
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/31 15,000 17,123
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/32 1,050 1,177
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/32 15,000 17,047
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/35 28,975 32,580
Illinois GO 5.000% 7/1/17 2,440 2,454
Illinois GO 5.000% 8/1/17 8,760 8,834
Illinois GO 5.000% 11/1/19 8,200 8,595
Illinois GO 5.000% 1/1/20 (4) 8,635 9,225
Illinois GO 5.000% 8/1/20 2,000 2,109
Illinois GO 5.000% 1/1/21 (4) 21,470 22,781
Illinois GO 5.250% 1/1/21 7,525 7,991
Illinois GO 5.000% 5/1/21 4,785 5,051
Illinois GO 5.000% 8/1/21 25,000 26,424
Illinois GO 5.000% 1/1/22 2,740 2,833
Illinois GO 5.000% 2/1/22 6,740 7,130
Illinois GO 5.000% 2/1/22 5,000 5,289
Illinois GO 5.000% 7/1/22 7,000 7,415
Illinois GO 5.000% 8/1/22 (4) 11,720 12,881
Illinois GO 5.000% 11/1/22 10,000 10,600
Illinois GO 5.000% 2/1/23 5,000 5,296
Illinois GO 5.000% 2/1/23 7,000 7,415
Illinois GO 5.000% 7/1/23 6,000 6,361
Illinois GO 5.000% 8/1/23 17,000 18,023
Illinois GO 5.000% 11/1/23 13,200 13,997
Illinois GO 4.000% 1/1/24 4,860 4,864
Illinois GO 5.000% 2/1/24 6,270 6,640
Illinois GO 5.000% 6/1/24 7,000 7,409
Illinois GO 5.500% 7/1/24 19,000 20,545
Illinois GO 5.000% 8/1/24 25,335 26,442
Illinois GO 5.000% 1/1/25 17,000 17,895
Illinois GO 5.000% 2/1/25 3,250 3,421
Illinois GO 5.000% 2/1/25 3,775 3,951
Illinois GO 5.000% 1/1/26 2,115 2,212
Illinois GO 5.000% 2/1/26 20,000 20,915
Illinois GO 5.000% 2/1/26 11,125 11,534
Illinois GO 5.000% 4/1/26 (4) 16,175 17,445
Illinois GO 5.500% 7/1/26 7,000 7,478
Illinois GO 5.000% 2/1/27 28,500 29,743
Illinois GO 5.000% 4/1/27 3,840 3,965
Illinois GO 5.500% 7/1/27 8,000 8,520
Illinois GO 5.000% 1/1/28 5,000 5,174
Illinois GO 5.000% 2/1/28 10,305 10,695
Illinois GO 5.000% 4/1/28 (4) 4,515 4,818
Illinois GO 5.250% 7/1/28 7,500 7,783
Illinois GO 5.000% 1/1/29 19,200 19,757
Illinois GO 5.250% 2/1/29 8,750 9,079
Illinois GO 5.000% 3/1/29 23,000 23,393
Illinois GO 5.250% 2/1/30 13,000 13,408
Illinois GO 5.000% 11/1/30 5,000 5,107
Illinois GO 5.000% 1/1/31 11,000 11,095
Illinois GO 5.250% 2/1/31 9,000 9,236
Illinois GO 5.000% 3/1/31 7,985 8,056
Illinois GO 5.250% 7/1/31 6,000 6,146
Illinois GO 5.000% 9/1/31 6,500 6,535
Illinois GO 4.000% 6/1/33 20,880 18,632
Illinois GO 5.500% 7/1/33 (4) 3,300 3,587
Illinois Regional Transportation Authority Revenue 6.250% 7/1/22 (4) 5,000 6,078

 

156

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Illinois Regional Transportation Authority Revenue 6.000% 7/1/23 (14) 5,000 6,132
Illinois Regional Transportation Authority Revenue 6.250% 7/1/23 (4) 11,475 14,234
Illinois Sales Tax Revenue 5.000% 6/15/18 12,000 12,527
Illinois Sales Tax Revenue 5.375% 6/15/18 9,860 10,335
Illinois Sales Tax Revenue 5.000% 6/15/19 6,000 6,461
Illinois Sales Tax Revenue 5.000% 6/15/19 (Prere.) 1,345 1,456
Illinois Sales Tax Revenue 5.000% 6/15/20 3,880 4,152
Illinois Sales Tax Revenue 5.375% 6/15/20 9,635 10,731
Illinois Sales Tax Revenue 5.000% 6/15/21 15,000 16,895
Illinois Sales Tax Revenue 5.000% 6/15/22 22,720 25,988
Illinois Toll Highway Authority Revenue 5.000% 1/1/22 4,100 4,705
Illinois Toll Highway Authority Revenue 5.000% 12/1/22 12,700 14,825
Illinois Toll Highway Authority Revenue 5.000% 1/1/27 1,250 1,430
Illinois Toll Highway Authority Revenue 5.000% 1/1/28 2,500 2,738
Illinois Toll Highway Authority Revenue 5.000% 1/1/28 1,250 1,423
Illinois Toll Highway Authority Revenue 5.000% 1/1/29 3,500 3,964
Illinois Toll Highway Authority Revenue 5.000% 1/1/30 3,745 4,218
Illinois Toll Highway Authority Revenue 5.000% 1/1/31 1,410 1,596
Illinois Toll Highway Authority Revenue 5.000% 1/1/31 6,100 6,922
Illinois Toll Highway Authority Revenue 5.000% 1/1/31 8,000 8,971
Illinois Toll Highway Authority Revenue 5.000% 12/1/31 12,000 13,781
Illinois Toll Highway Authority Revenue 5.000% 1/1/32 1,650 1,860
Illinois Toll Highway Authority Revenue 5.000% 1/1/32 9,000 10,057
Illinois Toll Highway Authority Revenue 5.000% 12/1/32 7,000 7,999
Illinois Toll Highway Authority Revenue 5.000% 1/1/33 2,500 2,807
Illinois Toll Highway Authority Revenue 5.000% 1/1/33 11,100 12,482
Illinois Toll Highway Authority Revenue 5.000% 1/1/33 9,000 10,022
Illinois Toll Highway Authority Revenue 5.000% 1/1/34 3,850 4,305
Illinois Toll Highway Authority Revenue 5.000% 1/1/34 2,000 2,258
Illinois Toll Highway Authority Revenue 5.000% 1/1/34 11,700 13,097
Illinois Toll Highway Authority Revenue 5.000% 1/1/35 2,060 2,316
Kane McHenry Cook & DeKalb County IL Unit School District GO 5.000% 1/1/21 1,715 1,913
Lake County IL Community High School District No. 127 GO 0.000% 2/1/19 5,000 4,855
Lake County IL Community High School District No. 127 GO 0.000% 2/1/20 5,000 4,734
Lake County IL Community High School District No. 127 GO 0.000% 2/1/22 5,690 5,124
McHenry & Kane Counties IL Community Consolidated School District No. 158 GO 5.625% 1/15/31 3,500 3,963
McHenry & Kane Counties IL Community Consolidated School District No. 158 GO 5.625% 1/15/32 4,000 4,514
McHenry County IL Conservation District GO 5.000% 2/1/22 3,000 3,444
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 6/15/19 (14) 38,440 36,711
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 12/15/21 (14) 6,000 5,241
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 12/15/23 (14) 32,515 26,233
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 12/15/23 (14) 21,000 16,943
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 12/15/24 (14) 23,795 18,364
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 12/15/25 (14) 29,785 21,568
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 6/15/26 (4) 10,725 7,581
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 6/15/27 (4) 9,400 6,317
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 12/15/29 (14) 40,000 23,410
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 6/15/30 (4) 115 66
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 12/15/31 (14) 72,685 38,341
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 6/15/33 (14) 41,400 20,005
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue        
(McCormick Place Expansion Project) 0.000% 6/15/31 (14) 44,205 23,833
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue        
(McCormick Place Expansion Project) 0.000% 6/15/32 (14) 25,135 12,838
Northern Illinois Municipal Power Agency Project Revenue 5.000% 12/1/24 1,125 1,314
Northern Illinois Municipal Power Agency Project Revenue 5.000% 12/1/25 3,000 3,515
Northern Illinois Municipal Power Agency Project Revenue 5.000% 12/1/26 2,200 2,596
Northern Illinois Municipal Power Agency Project Revenue 5.000% 12/1/27 1,985 2,337
Northern Illinois Municipal Power Agency Project Revenue 4.000% 12/1/31 1,750 1,806
Northern Illinois Municipal Power Agency Project Revenue 4.000% 12/1/32 2,000 2,051
Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue 5.000% 6/1/17 6,000 6,022
Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue 5.000% 6/1/18 5,000 5,205
Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue 5.500% 6/1/23 38,000 43,177
Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue 6.000% 6/1/28 10,000 11,376
Southwestern Illinois Development Authority Health Facilities Revenue        
(Hospital Sisters Services Inc.) 5.000% 2/15/25 3,850 4,492
Southwestern Illinois Development Authority Health Facilities Revenue        
(Hospital Sisters Services Inc.) 5.000% 2/15/26 3,500 4,115
Southwestern Illinois Development Authority Health Facilities Revenue        
(Hospital Sisters Services Inc.) 5.000% 2/15/27 3,500 4,127

 

157

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Southwestern Illinois Development Authority Health Facilities Revenue        
(Hospital Sisters Services Inc.) 5.000% 2/15/28 8,750 10,365
Southwestern Illinois Development Authority Revenue (Local Government Program) 5.000% 4/15/30 10,000 10,868
Springfield IL Water Revenue 5.000% 3/1/29 2,525 2,853
Springfield IL Water Revenue 5.000% 3/1/30 2,000 2,240
Springfield IL Water Revenue 5.000% 3/1/31 2,785 3,115
Springfield IL Water Revenue 5.000% 3/1/32 3,035 3,395
University of Illinois Auxiliary Facilities System Revenue 5.000% 4/1/21 3,430 3,763
University of Illinois Auxiliary Facilities System Revenue 5.000% 4/1/22 6,015 6,576
University of Illinois Auxiliary Facilities System Revenue 5.000% 4/1/29 2,075 2,323
University of Illinois Auxiliary Facilities System Revenue 5.000% 4/1/30 2,000 2,229
University of Illinois Auxiliary Facilities System Revenue 5.250% 4/1/30 5,000 5,465
University of Illinois Auxiliary Facilities System Revenue 5.000% 4/1/31 2,420 2,681
University of Illinois Auxiliary Facilities System Revenue 5.000% 4/1/33 2,000 2,197
University of Illinois Auxiliary Facilities System Revenue 5.000% 4/1/34 2,000 2,188
University of Illinois COP 4.000% 8/15/19 10,000 10,560
University of Illinois COP 4.000% 10/1/19 5,115 5,415
Waubonsee IL Community College District No. 516 GO 5.000% 12/15/23 1,715 1,956
Waubonsee IL Community College District No. 516 GO 5.000% 12/15/24 7,950 8,976
Waubonsee IL Community College District No. 516 GO 5.000% 12/15/25 3,405 3,821
Will County IL Community High School District No. 210 (Lincoln-Way) GO 5.000% 1/1/28 9,800 9,042
Will County IL Community High School District No. 210 (Lincoln-Way) GO 0.000% 1/1/29 5,920 3,063
Will County IL Community High School District No. 210 (Lincoln-Way) GO 0.000% 1/1/30 5,680 2,777
Will County IL Community High School District No. 210 (Lincoln-Way) GO 5.000% 1/1/30 5,500 5,028
Will County IL Community High School District No. 210 (Lincoln-Way) GO 5.000% 1/1/31 9,150 8,324
Winnebago & Boone Counties IL Rockford School District No. 205 GO 0.000% 2/1/24 7,980 6,667
Winnebago & Boone Counties IL Rockford School District No. 205 GO 0.000% 2/1/25 4,065 3,279
Winnebago & Boone Counties IL Rockford School District No. 205 GO 0.000% 2/1/26 3,645 2,809
Winnebago & Boone Counties IL Rockford School District No. 205 GO 0.000% 2/1/27 2,000 1,480
        2,999,526
Indiana (1.2%)        
Carmel IN Local Public Improvement Bond Bank Revenue 5.000% 7/15/31 5,000 5,839
Carmel IN Local Public Improvement Bond Bank Revenue 5.000% 7/15/32 8,105 9,408
Carmel IN Local Public Improvement Bond Bank Revenue 5.000% 7/15/33 9,110 10,519
Carmel IN Local Public Improvement Bond Bank Revenue 5.000% 7/15/34 9,630 11,036
Carmel IN Local Public Improvement Bond Bank Revenue 5.000% 1/15/36 13,470 15,207
Franklin IN Community Multi-School Building Corp. Revenue 5.000% 7/15/23 (4) 2,480 2,883
Indiana Bond Bank Special Program Gas Revenue 5.250% 10/15/21 145 166
Indiana Finance Authority Facilities Revenue (Miami Correctional Facility - Phase II) 5.000% 7/1/18 (ETM) 4,085 4,281
Indiana Finance Authority Health System Revenue        
(Sisters of St. Francis Health Services Inc. Obligated Group) 5.000% 11/1/18 5,000 5,281
Indiana Finance Authority Health System Revenue        
(Sisters of St. Francis Health Services Inc. Obligated Group) 5.000% 11/1/20 4,370 4,625
Indiana Finance Authority Health System Revenue        
(Sisters of St. Francis Health Services Inc. Obligated Group) 5.000% 11/1/23 3,570 3,775
Indiana Finance Authority Health System Revenue        
(Sisters of St. Francis Health Services Inc. Obligated Group) 5.250% 11/1/24 10,855 11,515
Indiana Finance Authority Health System Revenue        
(Sisters of St. Francis Health Services Inc. Obligated Group) 5.250% 11/1/25 13,895 14,735
Indiana Finance Authority Health System Revenue        
(Sisters of St. Francis Health Services Inc. Obligated Group) 5.250% 11/1/26 14,425 15,290
Indiana Finance Authority Health System Revenue        
(Sisters of St. Francis Health Services Inc. Obligated Group) 5.250% 11/1/27 8,615 9,126
Indiana Finance Authority Highway Revenue 5.000% 12/1/23 15,110 18,145
Indiana Finance Authority Hospital Revenue (Community Health Network) 5.000% 5/1/22 1,295 1,492
Indiana Finance Authority Hospital Revenue (Community Health Network) 5.000% 5/1/24 2,500 2,898
Indiana Finance Authority Hospital Revenue (Community Health Network) 5.000% 5/1/25 2,500 2,861
Indiana Finance Authority Hospital Revenue (Community Health Network) 5.000% 5/1/26 2,500 2,828
Indiana Finance Authority Hospital Revenue (Community Health Network) 5.000% 5/1/27 2,500 2,811
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 12/1/17 1,520 1,557
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 12/1/18 1,125 1,195
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 12/1/24 1,400 1,686
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 12/1/26 1,030 1,210
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 12/1/27 1,000 1,167
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 12/1/28 2,600 3,015
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 12/1/30 1,000 1,144
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 12/1/33 3,000 3,417
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 12/1/34 18,515 21,001
Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) 5.000% 12/1/35 19,220 21,712
Indiana Finance Authority Hospital Revenue (Parkview Health System) 5.000% 5/1/29 3,000 3,328
Indiana Finance Authority Lease Revenue 5.000% 11/1/17 7,500 7,655

 

158

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Indiana Finance Authority Revenue 5.000% 2/1/21 3,430 3,903
Indiana Finance Authority Revenue 5.000% 2/1/21 6,225 7,084
Indiana Finance Authority Revenue 5.000% 2/1/23 11,000 13,062
Indiana Finance Authority Revenue 5.000% 2/1/24 10,000 12,056
Indiana Finance Authority Revenue 5.000% 2/1/26 2,045 2,516
Indiana Finance Authority Revenue 5.000% 2/1/27 4,140 5,099
Indiana Finance Authority Revenue 5.000% 2/1/27 7,815 9,626
Indiana Finance Authority Revenue 5.000% 8/1/27 1,705 2,094
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 5.000% 3/1/21 1,225 1,370
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 5.000% 3/1/22 1,000 1,136
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 5.000% 3/1/24 2,000 2,257
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 5.000% 3/1/25 1,000 1,117
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 5.000% 9/1/29 1,800 2,059
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 5.000% 3/1/30 3,250 3,545
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 5.000% 9/1/30 1,250 1,424
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 5.000% 9/1/31 1,650 1,868
Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) 5.000% 9/1/36 2,000 2,217
Indiana Finance Authority Revenue (Stadium Project) 5.250% 2/1/27 3,000 3,613
Indiana Finance Authority Revenue (Stadium Project) 5.250% 2/1/29 5,000 5,952
Indiana Finance Authority Revenue (Stadium Project) 5.250% 2/1/30 6,000 7,100
Indiana Finance Authority Revenue (Stadium Project) 5.250% 2/1/31 10,130 11,940
Indiana Finance Authority Revenue (State Revolving Fund) 5.000% 2/1/32 9,150 10,470
Indiana Finance Authority Revenue (Trinity Health) 5.000% 12/1/28 6,295 6,988
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/21 2,665 3,060
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/24 1,000 1,174
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/27 1,000 1,169
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/28 2,180 2,532
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/29 2,295 2,648
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/29 5,000 5,651
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/30 5,490 6,193
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/31 3,325 3,742
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.250% 10/1/31 10,000 11,425
Indiana Health Facility Financing Authority Revenue (Parkview Health System Obligated Group) 1.418% 5/1/31 (2) 3,050 2,833
Indiana Municipal Power Agency Revenue 5.625% 1/1/19 (Prere.) 4,640 4,994
Indiana Municipal Power Agency Revenue 5.750% 1/1/19 (Prere.) 2,000 2,157
Indiana Municipal Power Agency Revenue 5.000% 1/1/33 7,245 8,324
Indiana Municipal Power Agency Revenue 5.000% 1/1/34 19,000 21,716
Indiana Municipal Power Agency Revenue 5.000% 1/1/35 20,000 22,757
Indiana Municipal Power Agency Revenue 5.000% 1/1/36 12,500 14,180
Indiana Office Building Commission Facilities Revenue (New Castle Correctional Facility) 5.250% 7/1/19 (14) 2,515 2,730
Indiana University Student Fee Revenue 5.000% 8/1/21 (Prere.) 1,000 1,150
Indiana University Student Fee Revenue 5.000% 8/1/21 (Prere.) 1,000 1,150
Indiana University Student Fee Revenue 5.000% 8/1/21 (Prere.) 1,560 1,794
Indiana University Student Fee Revenue 5.000% 8/1/21 4,500 5,180
Indiana University Student Fee Revenue 5.000% 8/1/22 6,370 7,490
Indiana University Student Fee Revenue 5.000% 8/1/23 3,510 4,145
Indiana University Student Fee Revenue 5.000% 8/1/24 2,175 2,561
Indiana University Student Fee Revenue 5.000% 8/1/25 2,040 2,396
Indianapolis IN Gas Utility Revenue 5.000% 8/15/21 (4) 3,530 3,936
Indianapolis IN Gas Utility Revenue 5.000% 8/15/22 (4) 15,655 17,435
Indianapolis IN Local Public Improvement Bond Bank Revenue 5.000% 8/1/18 (Prere.) 1,985 2,087
Indianapolis IN Local Public Improvement Bond Bank Revenue 5.000% 8/1/18 (Prere.) 2,085 2,192
Indianapolis IN Local Public Improvement Bond Bank Revenue 5.000% 8/1/18 (Prere.) 1,895 1,992
Indianapolis IN Local Public Improvement Bond Bank Revenue 5.000% 8/1/18 (Prere.) 1,425 1,498
Indianapolis IN Local Public Improvement Bond Bank Revenue 5.000% 1/15/19 3,000 3,198
Indianapolis IN Local Public Improvement Bond Bank Revenue 5.000% 1/15/20 1,545 1,695
Indianapolis IN Local Public Improvement Bond Bank Revenue 5.000% 2/1/20 5,000 5,317
Indianapolis IN Local Public Improvement Bond Bank Revenue 5.000% 1/15/21 8,590 9,479
Indianapolis IN Local Public Improvement Bond Bank Revenue 5.000% 1/15/22 7,000 7,715
Indianapolis IN Local Public Improvement Bond Bank Revenue (PILOT Infrastructure Project) 5.000% 1/1/23 (4) 4,285 4,712
Indianapolis IN Local Public Improvement Bond Bank Revenue (PILOT Infrastructure Project) 5.000% 1/1/25 (4) 3,535 3,879
Indianapolis IN Local Public Improvement Bond Bank Revenue        
(Qualified Midwestern Disaster Area) 5.500% 2/1/28 4,065 4,620
Indianapolis IN Local Public Improvement Bond Bank Revenue        
(Qualified Midwestern Disaster Area) 5.500% 2/1/29 4,370 4,963
Indianapolis IN Local Public Improvement Bond Bank Revenue (Waterworks Project) 5.500% 1/1/19 (Prere.) 1,955 2,101
Indianapolis IN Local Public Improvement Bond Bank Revenue (Waterworks Project) 5.500% 1/1/29 8,045 8,642
Indianapolis IN Local Public Improvement Bond Bank Revenue (Waterworks Project) 5.500% 1/1/38 (12) 7,000 7,448
Lake Central IN Multi-District School Building Corp. Revenue 5.000% 7/15/25 4,330 5,045
Lake Central IN Multi-District School Building Corp. Revenue 5.000% 7/15/26 4,835 5,601
Purdue University Indiana University COP 5.000% 7/1/20 2,000 2,236

 

159

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Purdue University Indiana University COP 5.000% 7/1/34 3,485 4,049
Purdue University Indiana University COP 5.000% 7/1/36 1,655 1,909
Purdue University Indiana University Student Facilities System Revenue 4.000% 7/1/19 1,110 1,180
Purdue University Indiana University Student Facilities System Revenue 4.000% 7/1/20 2,170 2,359
Purdue University Indiana University Student Facilities System Revenue 5.000% 7/1/32 1,850 2,189
Purdue University Indiana University Student Facilities System Revenue 5.000% 7/1/33 2,505 2,948
Purdue University Indiana University Student Facilities System Revenue 5.000% 7/1/34 1,590 1,861
Purdue University Indiana University Student Facilities System Revenue 5.000% 7/1/36 1,255 1,458
        608,199
Iowa (0.3%)        
Ames IA Hospital Revenue (Mary Greeley Medical Center) 5.500% 6/15/20 (Prere.) 2,000 2,258
Ames IA Hospital Revenue (Mary Greeley Medical Center) 5.625% 6/15/20 (Prere.) 2,000 2,265
Iowa Finance Authority Health Facilities Revenue (Iowa Health System) 5.250% 8/15/19 (Prere.) 5,500 6,014
Iowa Finance Authority Health Facilities Revenue (Iowa Health System) 5.250% 2/15/29 (12) 13,500 14,351
Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) 5.000% 12/1/19 3,435 3,516
Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) 5.500% 12/1/22 58,100 59,080
Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) 5.250% 12/1/25 500 506
3 Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) 5.875% 12/1/27 2,955 3,034
Iowa Finance Authority Revenue 5.000% 8/1/20 3,000 3,362
Iowa Special Obligation Revenue 5.000% 6/1/24 4,000 4,822
Iowa Special Obligation Revenue 5.000% 6/1/27 5,450 6,620
Iowa Special Obligation Revenue (Ijobs Program) 5.000% 6/1/27 5,985 6,627
Iowa Special Obligation Revenue (Ijobs Program) 5.000% 6/1/28 6,280 6,946
Iowa Special Obligation Revenue (Prison Infrastructure) 5.000% 6/15/20 (Prere.) 4,000 4,463
Iowa Special Obligation Revenue (Prison Infrastructure) 5.000% 6/15/20 (Prere.) 1,150 1,283
Iowa Special Obligation Revenue (Prison Infrastructure) 5.000% 6/15/20 (Prere.) 2,100 2,343
Iowa Student Loan Liquidity Corp. Revenue 5.250% 12/1/17 5,655 5,777
2 Polk County IA GO 4.000% 6/1/22 12,620 14,145
2 Polk County IA GO 4.000% 6/1/23 13,050 14,529
        161,941
Kansas (0.7%)        
Cowley County KS Unified School District GO 4.750% 9/1/18 (Prere.) 380 398
Cowley County KS Unified School District GO 4.750% 9/1/18 (Prere.) 3,500 3,666
Cowley County KS Unified School District GO 4.750% 9/1/26 (4) 3,300 3,456
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 5.000% 12/1/26 600 676
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 5.000% 12/1/27 500 558
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 5.000% 12/1/28 500 553
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 5.000% 12/1/29 500 549
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 5.000% 12/1/30 500 546
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 5.000% 12/1/31 650 706
Johnson County KS Unified School District No. 233 GO 5.000% 9/1/23 1,000 1,192
Johnson County KS Unified School District No. 233 GO 5.000% 9/1/24 1,000 1,208
Johnson County KS Unified School District No. 233 GO 5.000% 9/1/24 1,500 1,811
Johnson County KS Unified School District No. 233 GO 5.000% 9/1/25 1,650 2,008
Johnson County KS Unified School District No. 233 GO 4.000% 9/1/29 1,000 1,088
Kansas Department of Transportation Highway Revenue 5.000% 9/1/20 24,000 27,006
Kansas Department of Transportation Highway Revenue 5.000% 9/1/20 5,000 5,623
Kansas Department of Transportation Highway Revenue 5.000% 9/1/21 10,000 11,552
Kansas Department of Transportation Highway Revenue 5.000% 9/1/22 7,425 8,753
Kansas Department of Transportation Highway Revenue 5.000% 9/1/25 10,000 12,056
Kansas Department of Transportation Highway Revenue 5.000% 9/1/26 13,300 15,948
Kansas Department of Transportation Highway Revenue 5.000% 9/1/27 14,000 16,678
Kansas Department of Transportation Highway Revenue 5.000% 9/1/28 11,400 13,519
Kansas Department of Transportation Highway Revenue 5.000% 9/1/29 15,525 18,288
Kansas Development Finance Authority Health Facilities Revenue        
(Kansas University Health System) 5.375% 3/1/30 1,000 1,081
Kansas Development Finance Authority Health Facilities Revenue        
(Kansas University Health System) 5.000% 3/1/31 1,000 1,067
Kansas Development Finance Authority Health Facilities Revenue        
(Kansas University Health System) 5.000% 3/1/34 2,000 2,127
Kansas Development Finance Authority Hospital Revenue        
(Adventist Health System/Sunbelt Obligated Group) 5.000% 11/15/17 (Prere.) 1,500 1,533
Kansas Development Finance Authority Hospital Revenue        
(Adventist Health System/Sunbelt Obligated Group) 5.000% 11/15/17 (Prere.) 6,000 6,133
Kansas Development Finance Authority Hospital Revenue        
(Adventist Health System/Sunbelt Obligated Group) 5.000% 11/15/17 (Prere.) 2,800 2,862
Kansas Development Finance Authority Hospital Revenue        
(Adventist Health System/Sunbelt Obligated Group) 5.500% 11/15/29 10,435 11,411
3 Kansas Development Finance Authority Hospital Revenue        
(Adventist Health System/Sunbelt Obligated Group) TOB VRDO 1.020% 5/5/17 8,000 8,000
Kansas Development Finance Authority Revenue 5.000% 5/1/20 11,400 12,638

 

160

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Kansas Development Finance Authority Revenue 5.000% 5/1/23 10,000 11,676
Kansas Development Finance Authority Revenue 5.000% 5/1/25 10,000 11,825
Kansas Development Finance Authority Revenue 5.000% 5/1/26 13,290 15,677
Kansas Development Finance Authority Revenue 5.000% 5/1/27 23,500 27,603
Kansas Development Finance Authority Revenue 5.000% 5/1/28 7,000 8,182
Kansas Development Finance Authority Revenue 5.000% 4/1/29 7,025 7,934
Kansas Development Finance Authority Revenue 5.000% 4/1/32 13,000 14,491
Kansas Development Finance Authority Revenue 5.000% 4/1/33 15,045 16,710
Kansas Development Finance Authority Revenue 5.000% 4/1/34 5,795 6,413
Kansas Development Finance Authority Revenue        
(Kansas Department of Commerce Impact Program) 5.000% 6/1/19 6,730 7,202
Kansas Development Finance Authority Revenue        
(Kansas Department of Commerce Impact Program) 5.000% 6/1/20 7,070 7,748
Kansas Development Finance Authority Revenue        
(Sisters of Charity of Leavenworth Health System) 5.250% 1/1/20 (Prere.) 6,510 7,196
Kansas Development Finance Authority Revenue        
(Sisters of Charity of Leavenworth Health System) 5.250% 1/1/25 990 1,080
Lawrence KS Water & Sewage System Revenue 5.000% 11/1/28 3,575 4,263
Leavenworth County KS Unified School District GO 4.500% 3/1/18 (12) 1,030 1,061
Leavenworth County KS Unified School District GO 4.500% 3/1/19 (12) 1,000 1,063
Leavenworth County KS Unified School District GO 4.500% 9/1/19 (12) 600 647
Leavenworth County KS Unified School District GO 4.750% 9/1/19 (Prere.) 1,265 1,370
Leavenworth County KS Unified School District GO 4.750% 9/1/19 (Prere.) 1,165 1,262
Leavenworth County KS Unified School District GO 5.000% 9/1/19 (Prere.) 1,360 1,481
Leavenworth County KS Unified School District GO 5.000% 9/1/19 (Prere.) 1,060 1,154
Leavenworth County KS Unified School District GO 4.500% 3/1/20 (12) 1,115 1,195
Wyandotte County/Kansas City KS Unified Government Utility System Revenue 5.000% 9/1/22 750 868
Wyandotte County/Kansas City KS Unified Government Utility System Revenue 5.000% 9/1/23 1,500 1,762
        354,553
Kentucky (0.6%)        
Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) 5.000% 2/1/25 720 813
Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) 5.000% 2/1/26 570 645
Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) 5.000% 2/1/27 615 685
Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) 5.000% 2/1/28 630 693
Kentucky Asset/Liability Commission Agency Fund Revenue (Federal Highway Trust) 5.250% 9/1/18 (14) 5,000 5,278
Kentucky Asset/Liability Commission Agency Fund Revenue (Federal Highway Trust) 5.000% 9/1/21 14,000 15,547
Kentucky Asset/Liability Commission Agency Fund Revenue (Federal Highway Trust) 5.000% 9/1/22 7,000 7,752
Kentucky Economic Development Finance Authority Health System Revenue        
(Norton Healthcare Inc. & Affiliates) 0.000% 10/1/25 (14) 12,000 9,119
Kentucky Economic Development Finance Authority Medical Center Revenue        
(King’s Daughters Medical Center Project) 5.000% 2/1/18 1,840 1,885
Kentucky Economic Development Finance Authority Medical Center Revenue        
(King’s Daughters Medical Center Project) 5.000% 2/1/19 1,475 1,555
Kentucky Economic Development Finance Authority Medical Center Revenue        
(King’s Daughters Medical Center Project) 5.000% 2/1/20 2,985 3,221
Kentucky Economic Development Finance Authority Medical Center Revenue        
(King’s Daughters Medical Center Project) 5.000% 2/1/21 2,000 2,144
Kentucky Economic Development Finance Authority Medical Center Revenue        
(King’s Daughters Medical Center Project) 5.000% 2/1/30 7,000 7,269
1 Kentucky Economic Development Finance Authority Revenue (Catholic Health Initiatives) PUT 1.568% 2/1/20 40,000 39,278
Kentucky Municipal Power Agency Power System Revenue 5.000% 9/1/25 (14) 4,500 5,340
Kentucky Municipal Power Agency Power System Revenue 5.000% 9/1/27 (14) 4,425 5,125
Kentucky Municipal Power Agency Power System Revenue 5.000% 9/1/28 (14) 3,500 3,996
Kentucky Municipal Power Agency Power System Revenue 5.000% 9/1/29 (14) 4,000 4,531
Kentucky Municipal Power Agency Power System Revenue 5.000% 9/1/30 (14) 2,370 2,673
Kentucky Property & Building Commission Revenue 5.000% 8/1/17 1,600 1,617
Kentucky Property & Building Commission Revenue 5.000% 10/1/17 1,170 1,190
Kentucky Property & Building Commission Revenue 5.000% 11/1/17 8,570 8,749
Kentucky Property & Building Commission Revenue 5.000% 11/1/18 (Prere.) 5,120 5,432
Kentucky Property & Building Commission Revenue 5.000% 11/1/18 (Prere.) 5,000 5,305
Kentucky Property & Building Commission Revenue 5.250% 2/1/19 (Prere.) 5,510 5,912
Kentucky Property & Building Commission Revenue 5.250% 2/1/19 (Prere.) 4,425 4,748
Kentucky Property & Building Commission Revenue 5.500% 8/1/19 (2) 6,870 7,503
Kentucky Property & Building Commission Revenue 5.000% 10/1/19 (2) 5,000 5,431
Kentucky Property & Building Commission Revenue 5.500% 8/1/20 (2) 4,320 4,850
Kentucky Property & Building Commission Revenue 5.000% 11/1/20 4,500 4,756
Kentucky Property & Building Commission Revenue 5.000% 8/1/21 35,000 38,833
Kentucky Property & Building Commission Revenue 5.250% 2/1/23 (12) 705 755
Kentucky Property & Building Commission Revenue 5.250% 2/1/25 (12) 570 609
Kentucky Public Transportation Infrastructure Authority Toll Revenue        
(Downtown Crossing Project) BAN 0.000% 7/1/20 1,700 1,553

 

161

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Kentucky Public Transportation Infrastructure Authority Toll Revenue        
(Downtown Crossing Project) BAN 0.000% 7/1/23 1,720 1,388
Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) 5.000% 7/1/18 (Prere.) 7,065 7,401
Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) 5.000% 7/1/18 (Prere.) 7,000 7,333
Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) 5.000% 7/1/22 1,000 1,164
Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) 5.000% 7/1/24 1,450 1,725
Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) 5.000% 7/1/29 3,905 4,486
Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) 5.000% 7/1/31 5,210 5,944
Louisville & Jefferson County KY Metropolitan Government Health System Revenue        
(Norton Healthcare Obligated Group) 5.000% 10/1/25 1,250 1,469
Louisville & Jefferson County KY Metropolitan Government Health System Revenue        
(Norton Healthcare Obligated Group) 5.000% 10/1/26 5,370 6,333
Louisville & Jefferson County KY Metropolitan Government Health System Revenue        
(Norton Healthcare Obligated Group) 5.000% 10/1/27 2,000 2,331
Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) 5.000% 12/1/25 8,900 9,747
Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) 5.000% 12/1/30 14,775 15,823
Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) 5.000% 12/1/31 9,000 9,590
Paducah KY Electric Plant Board Revenue 5.000% 10/1/25 (4) 1,665 1,939
Paducah KY Electric Plant Board Revenue 5.000% 10/1/26 (4) 1,110 1,298
Warren County KY Hospital Revenue        
(Bowling Green-Warren County Community Hospital Corp. Project) 5.000% 4/1/20 1,180 1,297
Warren County KY Hospital Revenue        
(Bowling Green-Warren County Community Hospital Corp. Project) 5.000% 4/1/28 4,000 4,481
        298,541
Louisiana (0.8%)        
Bossier City LA Utilities Revenue 5.000% 10/1/29 1,000 1,160
Bossier City LA Utilities Revenue 5.000% 10/1/31 1,000 1,149
Bossier City LA Utilities Revenue 5.000% 10/1/32 1,000 1,144
Bossier City LA Utilities Revenue 5.000% 10/1/33 3,000 3,416
East Baton Rouge Parish LA Industrial Development Board Revenue (ExxonMobil Project) VRDO 0.860% 5/1/17 19,275 19,275
East Baton Rouge Parish LA Sales Tax Revenue 5.000% 8/1/19 (Prere.) 5,165 5,612
Ernest N. Morial - New Orleans LA Exhibition Hall Authority Special Tax Revenue 5.000% 7/15/27 2,800 3,165
Jefferson LA Sales Tax District Special Sales Tax Revenue 5.000% 12/1/34 (4) 1,500 1,725
Jefferson LA Sales Tax District Special Sales Tax Revenue 5.000% 12/1/36 (4) 2,000 2,281
Jefferson Parish LA Environmental Facilities & Community Development Authority Revenue 5.000% 4/1/18 1,000 1,037
Jefferson Parish LA Environmental Facilities & Community Development Authority Revenue 5.000% 4/1/19 (Prere.) 1,000 1,075
Jefferson Parish LA Environmental Facilities & Community Development Authority Revenue 5.000% 4/1/19 (Prere.) 1,000 1,075
Jefferson Parish LA Environmental Facilities & Community Development Authority Revenue 5.000% 4/1/19 1,030 1,102
Lafayette LA Communications System Revenue 5.000% 11/1/23 (4) 2,000 2,339
Lafayette LA Communications System Revenue 5.000% 11/1/24 (4) 5,310 6,278
Lafayette LA Communications System Revenue 5.000% 11/1/25 (4) 1,500 1,764
Louisiana Gasoline & Fuel Tax Revenue 5.000% 5/1/31 20,665 23,681
Louisiana Gasoline & Fuel Tax Revenue 5.000% 5/1/32 10,000 11,405
Louisiana Gasoline & Fuel Tax Revenue 5.000% 5/1/33 5,905 6,706
Louisiana Gasoline & Fuel Tax Revenue 5.000% 5/1/34 4,000 4,527
Louisiana Gasoline & Fuel Tax Revenue 5.000% 5/1/35 7,095 8,000
1 Louisiana Gasoline & Fuel Tax Revenue PUT 1.158% 5/1/17 10,000 9,999
1 Louisiana Gasoline & Fuel Tax Revenue PUT 1.238% 5/1/18 34,500 34,325
Louisiana GO 5.000% 8/1/25 2,375 2,814
Louisiana GO 5.000% 12/1/26 7,870 9,251
Louisiana GO 5.000% 5/1/29 14,815 17,078
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (East Baton Rouge Sewerage Commission Projects) 5.000% 2/1/29 1,525 1,721
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (East Baton Rouge Sewerage Commission Projects) 5.000% 2/1/31 3,140 3,503
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (East Baton Rouge Sewerage Commission Projects) 5.000% 2/1/33 3,500 3,873
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (East Baton Rouge Sewerage Commission Projects) 5.000% 2/1/34 2,550 2,811
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (LCTCS Facilities Corp. Project) 5.000% 10/1/22 2,790 3,101
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (LCTCS Facilities Corp. Project) 5.000% 10/1/24 11,000 12,175
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (LCTCS Facilities Corp. Project) 5.000% 10/1/25 2,000 2,208
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (Plaquemines Project) 5.000% 9/1/26 (4) 1,700 1,936
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (Plaquemines Project) 5.000% 9/1/28 (4) 1,875 2,116
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (Plaquemines Project) 5.000% 9/1/31 (4) 1,420 1,585

 

162

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (Women’s Hospital Foundation Project) 5.625% 10/1/30 15,905 17,606
Louisiana Office Facilities Corp. Lease Revenue (Capitol Complex Project) 5.000% 5/1/19 4,495 4,829
Louisiana Public Facilities Authority Hospital Revenue        
(Franciscan Missionaries of Our Lady Health System Project) 5.000% 7/1/31 7,055 7,978
Louisiana Public Facilities Authority Hospital Revenue        
(Franciscan Missionaries of Our Lady Health System Project) 5.000% 7/1/32 8,440 9,499
Louisiana Public Facilities Authority Revenue (Loyola University) 5.250% 10/1/21 (Prere.) 4,000 4,661
Louisiana Public Facilities Authority Revenue (Nineteenth Judicial District Court Building Project) 5.000% 6/1/36 (4) 2,200 2,408
Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) 5.000% 5/15/17 (ETM) 415 416
Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) 5.000% 5/15/17 1,105 1,107
Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) 5.250% 5/15/17 (Prere.) 4,170 4,179
Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) 5.000% 5/15/23 400 464
Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) 5.000% 5/15/24 510 598
Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) 5.000% 5/15/25 850 1,001
Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) 5.000% 5/15/27 1,000 1,155
Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) 5.250% 5/15/27 10,995 11,033
Louisiana Stadium & Exposition District Revenue 5.000% 7/1/24 2,125 2,433
Louisiana Stadium & Exposition District Revenue 5.000% 7/1/25 5,445 6,173
Louisiana Stadium & Exposition District Revenue 5.000% 7/1/26 5,000 5,636
Louisiana Stadium & Exposition District Revenue 5.000% 7/1/27 3,770 4,242
Louisiana Stadium & Exposition District Revenue 5.000% 7/1/28 3,650 4,083
Louisiana State University Revenue 5.000% 7/1/29 3,180 3,587
Louisiana State University Revenue 5.000% 7/1/30 1,000 1,122
Louisiana State University Revenue 5.000% 7/1/32 2,765 3,079
New Orleans LA Aviation Board Revenue 5.000% 1/1/18 (12) 2,200 2,257
New Orleans LA Aviation Board Revenue 5.000% 1/1/18 (12) 2,440 2,503
New Orleans LA GO 5.125% 12/1/17 (Prere.) 10,000 10,252
New Orleans LA GO 5.000% 12/1/23 2,250 2,584
New Orleans LA GO 5.000% 12/1/24 2,500 2,867
New Orleans LA GO 5.000% 12/1/25 2,500 2,855
New Orleans LA GO 5.000% 12/1/26 (4) 3,770 4,294
New Orleans LA GO 5.000% 12/1/27 (4) 2,260 2,568
New Orleans LA GO 5.000% 12/1/28 (4) 2,310 2,613
New Orleans LA Sewage Service Revenue 5.000% 6/1/26 500 583
New Orleans LA Sewage Service Revenue 5.000% 6/1/29 1,100 1,254
New Orleans LA Sewage Service Revenue 5.000% 6/1/34 1,385 1,543
New Orleans LA Sewage Service Revenue 5.000% 6/1/35 950 1,054
New Orleans LA Water Revenue 5.000% 12/1/23 1,000 1,162
New Orleans LA Water Revenue 5.000% 12/1/23 655 761
New Orleans LA Water Revenue 5.000% 12/1/24 550 644
New Orleans LA Water Revenue 5.000% 12/1/24 1,000 1,172
New Orleans LA Water Revenue 5.000% 12/1/25 500 588
New Orleans LA Water Revenue 5.000% 12/1/26 1,000 1,170
New Orleans LA Water Revenue 5.000% 12/1/27 865 1,004
New Orleans LA Water Revenue 5.000% 12/1/28 1,200 1,381
New Orleans LA Water Revenue 5.000% 12/1/28 550 633
New Orleans LA Water Revenue 5.000% 12/1/29 1,000 1,143
New Orleans LA Water Revenue 5.000% 12/1/29 650 742
New Orleans LA Water Revenue 5.000% 12/1/30 500 568
New Orleans LA Water Revenue 5.000% 12/1/31 1,430 1,617
New Orleans LA Water Revenue 5.000% 12/1/32 1,345 1,515
New Orleans LA Water Revenue 5.000% 12/1/33 760 852
New Orleans LA Water Revenue 5.000% 12/1/34 2,600 2,917
New Orleans LA Water Revenue 5.000% 12/1/34 1,430 1,596
New Orleans LA Water Revenue 5.000% 12/1/35 700 778
St. Charles Parish LA Gulf Opportunity Zone Revenue (Valero Energy Corp.) PUT 4.000% 6/1/22 23,265 24,443
Tobacco Settlement Financing Corp. Louisiana Revenue 5.250% 5/15/31 10,000 10,741
Tobacco Settlement Financing Corp. Louisiana Revenue 5.250% 5/15/32 12,365 13,429
Tobacco Settlement Financing Corp. Louisiana Revenue 5.250% 5/15/33 5,000 5,406
        425,190
Maine (0.0%)        
Maine GO 5.000% 6/1/19 5,000 5,418
Maine Municipal Bond Bank Revenue 5.000% 11/1/25 2,000 2,393
Maine Municipal Bond Bank Revenue 5.000% 11/1/26 2,000 2,391
Maine Municipal Bond Bank Revenue 5.000% 11/1/27 2,215 2,631
Portland ME Airport Revenue 5.000% 1/1/21 (4) 1,000 1,085
Portland ME Airport Revenue 5.000% 1/1/22 (4) 1,000 1,079
Portland ME Airport Revenue 5.000% 1/1/23 (4) 1,000 1,085
Portland ME Airport Revenue 5.000% 1/1/24 (4) 1,610 1,739
Portland ME Airport Revenue 5.000% 1/1/25 (4) 1,000 1,075

 

163

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Portland ME Airport Revenue 5.000% 1/1/26 (4) 1,720 1,843
Portland ME Airport Revenue 5.000% 1/1/28 (4) 1,200 1,279
Portland ME Airport Revenue 5.000% 1/1/29 (4) 1,265 1,344
        23,362
Maryland (3.8%)        
Anne Arundel County MD GO 5.000% 4/1/19 1,885 2,029
Anne Arundel County MD GO 5.000% 4/1/19 1,030 1,109
Anne Arundel County MD GO 5.000% 10/1/19 3,110 3,403
Anne Arundel County MD GO 5.000% 10/1/19 8,240 9,017
Anne Arundel County MD GO 5.000% 10/1/19 4,830 5,286
Anne Arundel County MD GO 5.000% 4/1/20 1,855 2,061
Anne Arundel County MD GO 5.000% 4/1/20 830 922
Anne Arundel County MD GO 5.000% 4/1/20 2,255 2,505
Anne Arundel County MD GO 5.000% 10/1/20 3,110 3,506
Anne Arundel County MD GO 5.000% 10/1/20 4,735 5,338
Anne Arundel County MD GO 5.000% 4/1/21 6,395 7,307
Anne Arundel County MD GO 5.000% 4/1/21 1,880 2,148
Anne Arundel County MD GO 5.000% 4/1/21 1,135 1,297
Anne Arundel County MD GO 5.000% 4/1/21 2,590 2,959
Anne Arundel County MD GO 5.000% 10/1/21 1,455 1,683
Anne Arundel County MD GO 5.000% 10/1/21 3,110 3,597
Anne Arundel County MD GO 5.000% 10/1/21 6,185 7,153
Anne Arundel County MD GO 5.000% 10/1/21 4,715 5,453
Anne Arundel County MD GO 5.000% 10/1/21 3,615 4,181
Anne Arundel County MD GO 5.000% 10/1/21 2,125 2,458
Anne Arundel County MD GO 5.000% 10/1/22 3,615 4,269
Anne Arundel County MD GO 5.000% 10/1/22 2,125 2,509
Anne Arundel County MD GO 5.000% 4/1/23 4,000 4,768
Anne Arundel County MD GO 5.000% 10/1/23 3,615 4,348
Anne Arundel County MD GO 5.000% 10/1/23 2,125 2,556
Anne Arundel County MD GO 5.000% 10/1/24 1,455 1,776
Anne Arundel County MD GO 5.000% 10/1/24 3,110 3,796
Anne Arundel County MD GO 5.000% 10/1/24 2,445 2,985
Anne Arundel County MD GO 5.000% 10/1/24 3,850 4,700
Anne Arundel County MD GO 5.000% 10/1/25 4,605 5,677
Anne Arundel County MD GO 5.000% 10/1/25 3,110 3,834
Anne Arundel County MD GO 5.000% 10/1/25 1,455 1,794
Anne Arundel County MD GO 5.000% 10/1/25 2,400 2,959
Anne Arundel County MD GO 5.000% 10/1/26 4,160 5,098
Anne Arundel County MD GO 5.000% 10/1/26 3,110 3,811
Anne Arundel County MD GO 5.000% 10/1/26 1,455 1,783
Anne Arundel County MD GO 5.000% 10/1/27 3,110 3,789
Baltimore County MD GO 5.000% 8/1/19 3,000 3,267
Baltimore County MD GO 5.000% 2/1/20 1,000 1,106
Baltimore County MD GO 5.000% 8/1/21 2,600 2,998
Baltimore County MD GO 5.000% 8/1/21 5,000 5,765
Baltimore County MD GO 5.000% 8/1/21 6,705 7,731
Baltimore County MD GO 5.000% 2/1/22 3,000 3,495
Baltimore County MD GO 4.000% 3/1/30 4,000 4,467
Baltimore MD Consolidated Public Improvement GO 5.000% 8/1/20 4,050 4,546
Baltimore MD Consolidated Public Improvement GO 5.000% 8/1/21 5,800 6,687
Baltimore MD Project Revenue 5.000% 7/1/21 (Prere.) 1,585 1,821
Baltimore MD Project Revenue 5.000% 7/1/21 (Prere.) 1,570 1,804
Baltimore MD Project Revenue 5.000% 7/1/21 (Prere.) 1,250 1,436
Baltimore MD Project Revenue 5.000% 7/1/21 (Prere.) 1,745 2,005
Baltimore MD Project Revenue 5.000% 7/1/21 (Prere.) 1,905 2,189
Baltimore MD Project Revenue 5.000% 7/1/21 (Prere.) 2,075 2,384
Baltimore MD Project Revenue 5.000% 7/1/30 1,905 2,142
Baltimore MD Project Revenue 5.000% 7/1/30 3,255 3,660
Baltimore MD Project Revenue 5.000% 7/1/31 2,000 2,249
Calvert County MD GO 5.000% 7/1/23 3,300 3,956
Frederick County MD GO 5.000% 2/1/23 4,485 5,334
Howard County MD GO 5.000% 8/15/20 14,125 15,873
Howard County MD GO 5.000% 8/15/21 14,440 16,651
Howard County MD GO 5.000% 8/15/21 (Prere.) 1,820 2,097
Howard County MD GO 5.000% 2/15/22 13,605 15,864
Howard County MD GO 5.000% 8/15/24 2,680 3,079
Maryland Department of Transportation Revenue 5.000% 2/15/19 34,000 36,433
Maryland Department of Transportation Revenue 5.000% 6/1/19 8,155 8,828
Maryland Department of Transportation Revenue 5.000% 11/1/19 19,000 20,846
Maryland Department of Transportation Revenue 5.000% 2/15/20 41,400 45,802

 

164

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
2 Maryland Department of Transportation Revenue 5.000% 5/1/20 13,000 14,456
Maryland Department of Transportation Revenue 5.000% 6/1/20 8,850 9,877
Maryland Department of Transportation Revenue 4.000% 9/1/20 18,480 20,172
Maryland Department of Transportation Revenue 5.000% 11/1/20 11,585 13,087
Maryland Department of Transportation Revenue 5.000% 2/15/21 46,790 53,225
2 Maryland Department of Transportation Revenue 5.000% 5/1/21 16,005 18,286
Maryland Department of Transportation Revenue 5.000% 11/1/21 12,000 13,886
Maryland Department of Transportation Revenue 5.000% 11/1/23 25,000 30,185
Maryland Department of Transportation Revenue 4.000% 12/15/28 17,390 19,190
Maryland Department of Transportation Revenue 4.000% 12/15/29 27,000 29,551
Maryland Economic Development Corp. Pollution Control Revenue (Potomac Electric Power Co.) 6.200% 9/1/22 6,000 6,558
Maryland Economic Development Corp. Revenue (Constellation Energy Group, Inc. Project) PUT 2.550% 6/1/20 5,150 5,131
Maryland GO 4.500% 8/1/18 35,465 37,059
Maryland GO 5.000% 8/1/18 2,175 2,286
Maryland GO 5.000% 8/1/18 3,000 3,154
Maryland GO 5.000% 3/1/19 5,000 5,368
Maryland GO 5.000% 3/1/19 10,395 11,160
Maryland GO 5.000% 8/1/19 5,015 5,461
Maryland GO 5.000% 8/1/19 5,000 5,445
Maryland GO 5.000% 8/1/19 5,100 5,554
Maryland GO 5.000% 3/1/20 14,640 16,231
Maryland GO 5.000% 3/15/20 16,615 18,443
Maryland GO 4.500% 8/1/20 13,550 14,989
Maryland GO 5.000% 8/1/20 17,900 20,092
Maryland GO 5.000% 8/1/20 5,145 5,775
Maryland GO 5.250% 8/1/20 4,000 4,522
Maryland GO 5.000% 3/1/21 31,755 36,230
Maryland GO 5.000% 3/1/21 7,580 8,648
Maryland GO 5.000% 3/1/21 13,965 15,933
Maryland GO 4.000% 8/1/21 43,490 48,290
Maryland GO 5.000% 8/1/21 16,350 18,851
Maryland GO 5.000% 8/1/21 2,230 2,571
Maryland GO 5.000% 8/1/21 33,110 38,175
Maryland GO 5.000% 3/1/22 (Prere.) 7,150 8,328
Maryland GO 5.000% 3/1/22 32,550 37,995
Maryland GO 5.000% 3/1/22 (Prere.) 37,360 43,515
Maryland GO 5.000% 3/15/22 5,345 6,245
Maryland GO 5.000% 8/1/22 71,720 84,478
Maryland GO 5.000% 8/1/22 4,500 5,300
Maryland GO 5.000% 8/1/22 29,215 34,412
Maryland GO 5.000% 8/1/22 115,660 136,235
Maryland GO 4.000% 8/1/23 37,875 43,156
Maryland GO 5.000% 8/1/23 14,805 17,776
Maryland GO 5.000% 8/1/23 71,995 86,441
Maryland GO 5.000% 8/1/24 3,000 3,659
Maryland GO 4.000% 8/1/26 28,000 31,372
Maryland GO 4.000% 6/1/29 68,270 75,311
Maryland GO 4.000% 6/1/30 73,035 80,022
Maryland Health & Higher Educational Facilities Authority Revenue        
(Adventist Healthcare Obligated Group) 5.500% 1/1/28 5,685 6,698
Maryland Health & Higher Educational Facilities Authority Revenue        
(Adventist Healthcare Obligated Group) 5.500% 1/1/29 2,000 2,340
Maryland Health & Higher Educational Facilities Authority Revenue        
(Adventist Healthcare Obligated Group) 5.500% 1/1/30 2,180 2,529
Maryland Health & Higher Educational Facilities Authority Revenue        
(Adventist Healthcare Obligated Group) 5.500% 1/1/36 5,030 5,682
Maryland Health & Higher Educational Facilities Authority Revenue (Anne Arundel Health System) 5.000% 7/1/21 800 916
Maryland Health & Higher Educational Facilities Authority Revenue (Anne Arundel Health System) 5.000% 7/1/23 900 1,046
1 Maryland Health & Higher Educational Facilities Authority Revenue        
(Johns Hopkins Health System Obligated Group) PUT 1.209% 5/15/18 10,000 10,005
Maryland Health & Higher Educational Facilities Authority Revenue        
(Maryland Institute College of Art) 5.000% 6/1/29 1,000 1,098
Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) 5.000% 8/15/31 5,580 6,267
Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) 5.000% 8/15/32 6,630 7,398
Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) 5.000% 8/15/33 5,000 5,545
Maryland Health & Higher Educational Facilities Authority Revenue        
(Meritus Medical Center, Inc.) 5.000% 7/1/34 2,600 2,854
Maryland Health & Higher Educational Facilities Authority Revenue        
(University of Maryland Medical System) 5.000% 7/1/18 2,500 2,614
Maryland Health & Higher Educational Facilities Authority Revenue        
(University of Maryland Medical System) 5.250% 7/1/18 (Prere.) 9,000 9,436

 

165

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Maryland Health & Higher Educational Facilities Authority Revenue        
(University of Maryland Medical System) 5.500% 7/1/18 (Prere.) 3,800 3,995
Maryland Health & Higher Educational Facilities Authority Revenue        
(University of Maryland Medical System) 5.250% 7/1/19 1,700 1,781
Maryland Health & Higher Educational Facilities Authority Revenue        
(University of Maryland Medical System) 4.500% 7/1/20 1,500 1,552
Maryland Health & Higher Educational Facilities Authority Revenue        
(University of Maryland Medical System) 5.250% 7/1/21 2,000 2,097
Maryland Health & Higher Educational Facilities Authority Revenue        
(University of Maryland Medical System) 4.750% 7/1/23 900 929
Maryland Transportation Authority GAN 5.250% 3/1/20 8,085 8,689
Maryland Water Quality Financing Administration Bay Restoration Revolving Loan Fund Revenue 5.000% 3/1/23 12,970 15,403
Maryland Water Quality Financing Administration Bay Restoration Revolving Loan Fund Revenue 5.000% 3/1/24 12,000 14,470
Maryland Water Quality Financing Administration Bay Restoration Revolving Loan Fund Revenue 5.000% 3/1/25 14,000 16,676
Montgomery County MD GO 5.000% 7/1/17 3,460 3,485
Montgomery County MD GO 5.000% 7/1/19 8,790 9,546
Montgomery County MD GO 5.000% 11/1/20 11,370 12,857
Montgomery County MD GO 5.000% 7/1/21 2,500 2,875
Montgomery County MD GO 5.000% 7/1/21 2,380 2,737
Montgomery County MD GO 5.000% 11/1/22 39,265 46,443
Montgomery County MD GO 5.000% 11/1/22 13,750 16,264
Montgomery County MD GO 5.000% 11/1/23 18,000 21,684
Montgomery County MD GO 5.000% 11/1/23 14,750 17,759
Montgomery County MD GO 5.000% 11/1/26 8,300 10,062
Montgomery County MD GO 4.000% 12/1/30 14,000 15,354
Prince Georges County MD GO 5.000% 8/1/21 13,745 15,848
Prince Georges County MD GO 5.000% 9/15/21 4,975 5,752
Prince Georges County MD GO 5.000% 9/1/23 10,865 13,065
Prince Georges County MD GO 4.000% 9/1/26 2,000 2,255
University of Maryland Auxiliary Facility & Tuition Revenue 5.000% 4/1/19 4,995 5,374
University of Maryland Auxiliary Facility & Tuition Revenue 4.000% 4/1/29 6,100 6,777
University of Maryland Auxiliary Facility & Tuition Revenue 4.000% 4/1/30 6,345 6,995
University of Maryland Auxiliary Facility & Tuition Revenue 4.000% 4/1/31 6,600 7,222
University of Maryland Auxiliary Facility & Tuition Revenue 5.000% 4/1/32 6,840 8,215
Washington MD Suburban Sanitary Commission GO 5.000% 6/1/20 4,415 4,931
Washington MD Suburban Sanitary Commission GO 4.000% 6/1/31 8,185 8,818
Washington MD Suburban Sanitary Commission GO 4.000% 6/1/32 8,515 9,106
        2,003,909
Massachusetts (3.0%)        
Boston MA GO 5.000% 4/1/20 6,000 6,669
Boston MA GO 5.000% 2/1/23 4,760 5,510
Massachusetts Bay Transportation Authority Assessment Revenue 5.000% 7/1/19 15,000 16,308
3 Massachusetts Bay Transportation Authority Sales Tax Revenue TOB VRDO 1.000% 5/5/17 40,776 40,775
Massachusetts Clean Water Trust Revenue 5.000% 2/1/21 1,900 2,163
Massachusetts Clean Water Trust Revenue 5.000% 8/1/21 5,000 5,765
Massachusetts Clean Water Trust Revenue 5.000% 2/1/22 750 874
Massachusetts Clean Water Trust Revenue 5.000% 8/1/22 500 589
Massachusetts Clean Water Trust Revenue 5.000% 2/1/26 1,240 1,506
Massachusetts Clean Water Trust Revenue 5.000% 8/1/26 2,950 3,659
Massachusetts College Building Authority Revenue 5.125% 5/1/19 (Prere.) 1,420 1,535
Massachusetts College Building Authority Revenue 5.250% 5/1/19 (Prere.) 2,250 2,438
Massachusetts College Building Authority Revenue 5.000% 5/1/28 1,290 1,426
Massachusetts College Building Authority Revenue 5.000% 5/1/29 2,905 3,343
Massachusetts College Building Authority Revenue 5.000% 5/1/30 4,820 5,527
Massachusetts College Building Authority Revenue 5.000% 5/1/31 6,040 6,884
Massachusetts Department of Transportation Metropolitan Highway System Revenue 5.000% 1/1/20 2,610 2,871
Massachusetts Department of Transportation Metropolitan Highway System Revenue 5.000% 1/1/23 14,750 16,180
Massachusetts Department of Transportation Metropolitan Highway System Revenue 5.000% 1/1/26 13,625 14,923
Massachusetts Development Finance Agency Revenue (Berklee College of Music) 5.000% 10/1/29 3,110 3,458
Massachusetts Development Finance Agency Revenue (Berklee College of Music) 5.000% 10/1/31 1,200 1,335
Massachusetts Development Finance Agency Revenue (Berkshire Health System) 5.000% 10/1/20 1,205 1,341
Massachusetts Development Finance Agency Revenue (Berkshire Health System) 5.000% 10/1/21 1,760 2,000
Massachusetts Development Finance Agency Revenue (Berkshire Health System) 5.000% 10/1/22 2,125 2,398
Massachusetts Development Finance Agency Revenue (Berkshire Health System) 5.000% 10/1/23 2,235 2,508
Massachusetts Development Finance Agency Revenue (Berkshire Health System) 5.000% 10/1/24 1,500 1,673
Massachusetts Development Finance Agency Revenue (Berkshire Health System) 5.000% 10/1/25 1,600 1,772
Massachusetts Development Finance Agency Revenue (Berkshire Health System) 5.000% 10/1/26 1,100 1,213
Massachusetts Development Finance Agency Revenue (Berkshire Health System) 5.000% 10/1/27 1,165 1,281
Massachusetts Development Finance Agency Revenue (Boston College) 5.000% 7/1/29 9,500 10,590
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/24 1,000 1,153
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/25 1,000 1,151

 

166

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/26 1,000 1,150
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/32 3,760 4,104
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/34 3,490 3,772
Massachusetts Development Finance Agency Revenue (Dana-Farber Cancer Institute) 5.000% 12/1/35 5,240 5,921
Massachusetts Development Finance Agency Revenue (Dana-Farber Cancer Institute) 5.000% 12/1/36 2,000 2,253
Massachusetts Development Finance Agency Revenue (Draper Laboratory) 5.750% 9/1/18 (Prere.) 6,765 7,194
Massachusetts Development Finance Agency Revenue (Emerson College) 5.500% 1/1/30 15,000 15,976
Massachusetts Development Finance Agency Revenue (Harvard University) 5.000% 7/15/19 4,000 4,350
Massachusetts Development Finance Agency Revenue (Harvard University) 4.000% 7/15/20 2,500 2,724
Massachusetts Development Finance Agency Revenue (Harvard University) 5.000% 7/15/20 6,500 7,286
Massachusetts Development Finance Agency Revenue (Harvard University) 5.000% 7/15/21 3,000 3,455
Massachusetts Development Finance Agency Revenue (Harvard University) 5.000% 7/15/34 10,800 12,804
Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) 5.000% 9/1/23 1,230 1,319
Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) 5.000% 9/1/24 1,310 1,406
Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) 5.000% 9/1/25 2,770 2,980
Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) 5.000% 9/1/32 17,575 18,390
Massachusetts Development Finance Agency Revenue (Simmons College) 5.000% 10/1/23 835 966
Massachusetts Development Finance Agency Revenue (Simmons College) 5.000% 10/1/24 700 814
Massachusetts Development Finance Agency Revenue (Simmons College) 5.000% 10/1/25 800 928
Massachusetts Development Finance Agency Revenue (Suffolk University) 6.250% 7/1/19 (Prere.) 3,195 3,546
Massachusetts Development Finance Agency Revenue (Suffolk University) 6.250% 7/1/30 1,805 1,982
Massachusetts Development Finance Agency Revenue (Tufts Medical Center) 7.250% 1/1/32 10,000 11,661
Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) 5.125% 7/1/26 2,690 2,973
Massachusetts Educational Financing Authority Education Loan Revenue 5.500% 1/1/22 3,500 3,802
Massachusetts Federal Highway GAN (Accelerated Bridge Program) 5.000% 6/15/20 10,205 11,026
Massachusetts Federal Highway GAN (Accelerated Bridge Program) 5.000% 6/15/24 20,000 24,198
Massachusetts Federal Highway Revenue 5.000% 6/15/22 10,000 11,755
Massachusetts GO 1.215% 12/1/30 (14) 17,550 16,058
Massachusetts GO 1.230% 12/1/30 (14) 6,050 5,536
Massachusetts GO 1.230% 12/1/30 (14) 625 572
Massachusetts GO 1.215% 12/1/30 (14) 8,375 7,663
Massachusetts GO 5.000% 6/1/17 1,200 1,205
Massachusetts GO 5.500% 11/1/17 (4) 7,000 7,167
Massachusetts GO 5.500% 8/1/18 (14) 5,000 5,286
Massachusetts GO 5.500% 10/1/18 9,500 10,112
Massachusetts GO 5.000% 7/1/19 3,645 3,956
Massachusetts GO 5.000% 5/1/20 8,355 9,304
Massachusetts GO 5.000% 7/1/20 3,920 4,387
Massachusetts GO 5.500% 10/1/20 (14) 11,065 12,653
Massachusetts GO 5.000% 4/1/21 (Prere.) 26,675 30,456
Massachusetts GO 5.000% 4/1/21 (Prere.) 18,000 20,551
Massachusetts GO 5.000% 7/1/21 10,170 11,676
Massachusetts GO 5.000% 8/1/21 (Prere.) 20,000 23,024
Massachusetts GO 5.250% 8/1/21 (2) 4,445 5,159
Massachusetts GO 5.250% 8/1/21 20,870 24,220
Massachusetts GO 5.000% 8/1/22 14,000 16,444
Massachusetts GO 5.000% 12/1/23 23,000 27,604
Massachusetts GO 5.000% 7/1/24 9,575 11,564
Massachusetts GO 5.000% 7/1/24 3,705 4,475
Massachusetts GO 5.000% 8/1/24 65,150 78,781
Massachusetts GO 5.000% 12/1/24 3,000 3,645
Massachusetts GO 5.000% 7/1/25 5,710 6,953
Massachusetts GO 1.243% 11/1/25 22,000 21,132
Massachusetts GO 5.000% 12/1/25 20,000 24,481
Massachusetts GO 5.000% 4/1/26 42,115 51,614
Massachusetts GO 5.000% 7/1/27 41,660 50,762
Massachusetts GO 5.000% 7/1/28 21,000 25,347
Massachusetts GO 5.000% 12/1/28 4,155 5,038
Massachusetts GO 5.000% 7/1/29 5,000 5,990
Massachusetts GO 5.000% 7/1/29 10,425 12,354
Massachusetts GO 5.000% 7/1/30 12,000 14,147
Massachusetts GO 4.000% 11/1/30 45,000 47,975
Massachusetts GO 5.000% 9/1/31 5,770 6,648
Massachusetts GO 5.000% 12/1/36 6,500 7,541
1 Massachusetts GO PUT 1.200% 8/1/17 46,500 46,500
Massachusetts GO VRDO 0.900% 5/5/17 29,000 29,000
Massachusetts Health & Educational Facilities Authority Revenue (Baystate Medical Center) VRDO 0.860% 5/1/17 LOC 5,300 5,300
Massachusetts Health & Educational Facilities Authority Revenue (Boston College) 5.500% 6/1/30 5,000 6,358
Massachusetts Health & Educational Facilities Authority Revenue (Boston Medical Center) 5.000% 7/1/18 (Prere.) 1,890 1,978
Massachusetts Health & Educational Facilities Authority Revenue (Boston Medical Center) 5.000% 7/1/18 (Prere.) 15,450 16,170
Massachusetts Health & Educational Facilities Authority Revenue (CareGroup) 5.375% 7/1/18 (Prere.) 3,380 3,555

 

167

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Massachusetts Health & Educational Facilities Authority Revenue (CareGroup) 5.375% 7/1/18 (Prere.) 5,500 5,785
Massachusetts Health & Educational Facilities Authority Revenue (CareGroup) 5.375% 7/1/18 (Prere.) 3,500 3,681
Massachusetts Health & Educational Facilities Authority Revenue (Harvard University) 6.250% 4/1/20 1,685 1,933
Massachusetts Health & Educational Facilities Authority Revenue (Northeastern University) 5.000% 10/1/20 3,740 4,171
Massachusetts Health & Educational Facilities Authority Revenue (Northeastern University) 5.000% 10/1/25 1,460 1,537
Massachusetts Health & Educational Facilities Authority Revenue (Northeastern University) 5.000% 10/1/26 2,000 2,104
Massachusetts Health & Educational Facilities Authority Revenue (Northeastern University) 5.000% 10/1/28 1,155 1,213
Massachusetts Port Authority Revenue 5.000% 7/1/29 8,345 9,610
Massachusetts Port Authority Revenue 5.000% 7/1/31 3,000 3,477
Massachusetts Port Authority Revenue 5.000% 7/1/32 3,500 4,037
Massachusetts Port Authority Revenue 5.000% 7/1/33 4,005 4,599
Massachusetts Port Authority Revenue 5.000% 7/1/34 1,470 1,681
Massachusetts Port Authority Revenue 5.000% 7/1/35 2,500 2,848
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 8/15/21 2,500 2,879
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 8/15/24 20,000 23,399
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 8/15/25 2,000 2,437
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 8/15/26 6,745 8,155
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 8/15/27 9,000 10,818
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 8/15/27 5,000 5,822
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 8/15/28 32,750 38,063
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 8/15/29 4,000 4,731
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 8/15/31 18,500 21,643
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 5/15/32 6,400 7,343
Massachusetts School Building Authority Dedicated Sales Tax Revenue 4.000% 8/15/32 10,600 11,277
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 10/15/32 8,010 9,038
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 5/15/33 7,610 8,699
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 11/15/33 10,000 11,740
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 8/15/34 5,000 5,765
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 8/15/35 4,000 4,580
Massachusetts Special Obligation Dedicated Tax Revenue 5.250% 1/1/19 (14) 5,125 5,476
Massachusetts Special Obligation Dedicated Tax Revenue 5.500% 1/1/26 (14) 29,860 37,122
Massachusetts Special Obligation Dedicated Tax Revenue 5.500% 1/1/28 (14) 11,075 13,981
Massachusetts Water Pollution Abatement Trust Revenue 5.250% 2/1/21 5,955 6,826
Massachusetts Water Pollution Abatement Trust Revenue 5.000% 8/1/23 6,430 7,712
Massachusetts Water Pollution Abatement Trust Revenue 5.000% 8/1/24 7,665 9,333
Massachusetts Water Resources Authority Revenue 6.500% 7/15/19 (ETM) 15,665 16,431
Massachusetts Water Resources Authority Revenue 5.000% 8/1/19 21,580 23,512
Massachusetts Water Resources Authority Revenue 5.000% 8/1/21 (Prere.) 2,350 2,701
Massachusetts Water Resources Authority Revenue 5.000% 8/1/21 (Prere.) 3,500 4,023
Massachusetts Water Resources Authority Revenue 5.000% 8/1/21 (Prere.) 2,000 2,299
Massachusetts Water Resources Authority Revenue 5.000% 8/1/30 5,000 5,635
Massachusetts Water Resources Authority Revenue 5.000% 8/1/31 5,000 5,635
Massachusetts Water Resources Authority Revenue 5.000% 8/1/34 10,000 11,721
Massachusetts Water Resources Authority Revenue 5.000% 8/1/35 6,800 7,934
3 Massachusetts Water Resources Authority Revenue TOB VRDO 1.000% 5/5/17 LOC 37,570 37,570
Massachusetts Water Resources Authority Revenue VRDO 0.900% 5/5/17 5,200 5,200
Metropolitan Boston MA Transit Parking Corp. Revenue 5.000% 7/1/26 3,000 3,406
Metropolitan Boston MA Transit Parking Corp. Revenue 5.000% 7/1/27 3,440 3,901
Metropolitan Boston MA Transit Parking Corp. Revenue 5.000% 7/1/28 5,100 5,780
Metropolitan Boston MA Transit Parking Corp. Revenue 5.000% 7/1/29 11,580 13,114
Metropolitan Boston MA Transit Parking Corp. Revenue 5.000% 7/1/30 11,000 12,407
Metropolitan Boston MA Transit Parking Corp. Revenue 5.000% 7/1/31 11,575 13,031
University of Massachusetts Building Authority Revenue VRDO 0.890% 5/5/17 18,245 18,245
        1,565,954
Michigan (3.3%)        
Battle Creek MI School District GO 5.000% 5/1/24 1,000 1,184
Battle Creek MI School District GO 5.000% 5/1/32 2,920 3,341
Battle Creek MI School District GO 5.000% 5/1/33 1,500 1,705
Battle Creek MI School District GO 5.000% 5/1/34 3,065 3,463
Birmingham MI City School District GO 4.000% 5/1/24 1,000 1,127
Birmingham MI City School District GO 4.000% 5/1/25 1,465 1,633
Chippewa Valley MI Schools GO 5.000% 5/1/25 700 835
Chippewa Valley MI Schools GO 5.000% 5/1/32 1,000 1,139
Chippewa Valley MI Schools GO 5.000% 5/1/34 1,080 1,218
Chippewa Valley MI Schools GO 5.000% 5/1/35 800 899
Dearborn MI School District GO 5.000% 5/1/26 3,755 4,380
Dearborn MI School District GO 5.000% 5/1/27 3,650 4,237
Dearborn MI School District GO 5.000% 5/1/28 3,635 4,199
Dearborn MI School District GO 5.000% 5/1/30 4,000 4,572
Dearborn MI School District GO 5.000% 5/1/32 3,150 3,572
Detroit MI Sewage Disposal System Revenue 7.000% 7/1/27 (4) 3,865 4,308

 

168

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Detroit MI Water & Sewerage Department Sewage Disposal System Revenue 5.000% 7/1/23 7,000 7,890
Detroit MI Water & Sewerage Department Sewage Disposal System Revenue 5.000% 7/1/32 14,000 15,095
Detroit/Wayne County MI Stadium Authority Revenue 5.000% 10/1/19 (4) 1,300 1,392
Detroit/Wayne County MI Stadium Authority Revenue 5.000% 10/1/20 (4) 1,500 1,634
Detroit/Wayne County MI Stadium Authority Revenue 5.000% 10/1/21 (4) 1,100 1,215
Detroit/Wayne County MI Stadium Authority Revenue 5.000% 10/1/22 (4) 1,000 1,120
Forest Hills MI Public Schools GO 5.000% 5/1/19 3,350 3,603
Forest Hills MI Public Schools GO 5.000% 5/1/20 3,760 4,167
Forest Hills MI Public Schools GO 5.000% 5/1/21 3,365 3,828
Great Lakes MI Water Authority Sewer Disposal System Revenue 5.000% 7/1/25 4,800 5,628
Great Lakes MI Water Authority Sewer Disposal System Revenue 5.000% 7/1/30 17,025 19,170
Great Lakes MI Water Authority Sewer Disposal System Revenue 5.000% 7/1/31 4,750 5,356
Great Lakes MI Water Authority Sewer Disposal System Revenue 4.000% 7/1/33 (4) 4,750 4,882
Great Lakes MI Water Authority Sewer Disposal System Revenue 5.000% 7/1/35 34,080 37,332
Great Lakes MI Water Authority Sewer Disposal System Revenue 5.000% 7/1/36 64,000 69,899
Great Lakes MI Water Authority Water Supply System Revenue 5.000% 7/1/25 10,240 12,064
Great Lakes MI Water Authority Water Supply System Revenue 5.000% 7/1/28 14,000 16,231
Great Lakes MI Water Authority Water Supply System Revenue 5.000% 7/1/30 5,400 6,053
Great Lakes MI Water Authority Water Supply System Revenue 5.000% 7/1/31 9,210 10,263
Great Lakes MI Water Authority Water Supply System Revenue 4.000% 7/1/33 (4) 13,380 13,606
Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) 5.000% 5/15/20 (Prere.) 10,145 11,262
Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) 5.000% 5/15/30 8,225 8,840
Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) 5.000% 11/1/22 1,000 1,146
Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) 5.000% 11/1/23 1,000 1,159
Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) 5.000% 11/1/25 3,250 3,724
Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) 5.250% 11/1/29 5,325 6,053
Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) 5.250% 11/1/30 1,750 1,980
Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) 5.250% 11/1/31 4,750 5,357
Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) 5.250% 11/1/32 5,000 5,620
Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) 5.250% 11/1/34 1,500 1,678
Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) 5.250% 11/1/35 8,730 9,736
Lincoln MI Consolidated School District GO 5.000% 5/1/25 (4) 1,000 1,192
Lincoln MI Consolidated School District GO 5.000% 5/1/26 (4) 1,250 1,500
Marquette MI Board of Light & Power Electric Utility System Revenue 5.000% 7/1/32 1,145 1,305
Marquette MI Board of Light & Power Electric Utility System Revenue 5.000% 7/1/33 1,000 1,135
Marysville MI Public Schools District GO 5.000% 5/1/29 2,255 2,630
Marysville MI Public Schools District GO 5.000% 5/1/32 3,010 3,444
Marysville MI Public Schools District GO 5.000% 5/1/33 3,285 3,734
Michigan Building Authority Revenue 5.000% 10/15/18 12,575 13,266
Michigan Building Authority Revenue 5.000% 10/15/19 8,315 9,048
Michigan Building Authority Revenue 5.000% 10/15/24 2,500 2,817
Michigan Building Authority Revenue 5.000% 10/15/24 3,000 3,381
Michigan Building Authority Revenue 5.000% 4/15/25 5,250 6,277
Michigan Building Authority Revenue 5.000% 4/15/25 2,500 2,989
Michigan Building Authority Revenue 5.000% 10/15/25 5,920 6,645
Michigan Building Authority Revenue 5.000% 4/15/26 6,500 7,708
Michigan Building Authority Revenue 5.000% 4/15/26 1,570 1,884
Michigan Building Authority Revenue 5.000% 4/15/27 1,500 1,789
Michigan Building Authority Revenue 5.000% 4/15/28 8,000 9,340
Michigan Building Authority Revenue 5.000% 10/15/28 2,000 2,360
Michigan Building Authority Revenue 5.000% 4/15/29 26,550 30,773
Michigan Building Authority Revenue 5.000% 10/15/29 9,625 11,081
Michigan Building Authority Revenue 5.000% 4/15/30 15,000 17,281
Michigan Building Authority Revenue 5.000% 4/15/31 4,040 4,637
Michigan Building Authority Revenue 5.000% 10/15/31 10,415 11,953
Michigan Building Authority Revenue 5.000% 4/15/32 27,185 31,047
Michigan Building Authority Revenue 5.000% 10/15/32 4,660 5,322
Michigan Building Authority Revenue 5.000% 4/15/33 12,000 13,609
Michigan Building Authority Revenue 5.000% 4/15/35 13,405 15,034
Michigan Finance Authority Revenue 5.000% 4/1/18 13,000 13,424
Michigan Finance Authority Revenue 5.000% 10/1/23 2,000 2,288
Michigan Finance Authority Revenue 5.000% 4/1/24 4,000 4,580
Michigan Finance Authority Revenue 5.000% 10/1/24 2,010 2,328
Michigan Finance Authority Revenue 5.000% 4/1/25 2,160 2,484
Michigan Finance Authority Revenue 5.000% 10/1/26 3,300 3,806
Michigan Finance Authority Revenue 5.000% 10/1/27 3,375 3,867
Michigan Finance Authority Revenue 5.000% 10/1/29 4,350 4,921
Michigan Finance Authority Revenue 5.000% 10/1/30 5,240 5,901
Michigan Finance Authority Revenue 5.000% 10/1/32 2,500 2,793
Michigan Finance Authority Revenue (Beaumont Health Obligated Group) 5.000% 8/1/24 7,000 8,290
Michigan Finance Authority Revenue (Beaumont Health Obligated Group) 5.000% 8/1/25 3,000 3,493

 

169

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Michigan Finance Authority Revenue (Beaumont Health Obligated Group) 5.000% 8/1/28 6,500 7,412
Michigan Finance Authority Revenue (Beaumont Health Obligated Group) 5.000% 8/1/30 11,000 12,363
Michigan Finance Authority Revenue (Beaumont Health Obligated Group) 5.000% 8/1/32 13,570 15,112
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/22 (14) 1,210 1,379
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/22 (4) 24,000 27,478
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/23 (4) 19,000 22,074
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/24 (14) 1,840 2,148
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/24 (4) 15,000 17,626
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/25 (4) 2,950 3,434
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/26 1,500 1,711
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/26 (4) 12,225 14,143
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/26 (4) 5,000 5,784
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/27 1,350 1,529
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/27 (4) 10,000 11,498
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/28 1,000 1,125
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/28 (4) 7,000 7,997
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/29 16,500 18,474
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/30 700 791
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/30 15,000 16,728
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/31 1,200 1,348
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/31 10,000 11,098
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/32 3,100 3,407
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/32 1,000 1,119
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/32 7,500 8,298
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/33 3,500 3,829
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/33 850 947
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/33 20,250 22,310
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/34 2,000 2,194
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/34 2,000 2,218
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/34 5,450 5,934
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/34 5,000 5,444
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/35 (4) 3,500 3,878
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/35 1,350 1,491
Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) 5.000% 11/15/24 2,300 2,733
Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) 5.000% 11/15/26 4,000 4,789
Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) 5.000% 11/15/32 3,655 4,144
Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) 5.000% 11/15/34 7,000 7,846
Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) 5.000% 11/15/37 12,000 13,306
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/23 1,000 1,173
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/24 1,000 1,187
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/25 1,500 1,782
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/26 1,000 1,176
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/27 800 932
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/28 1,000 1,155
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/29 1,000 1,147
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/30 2,580 2,933
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/31 2,655 2,988
1 Michigan Finance Authority Revenue (McLaren Health Care Corp.) PUT 1.275% 10/15/18 48,255 48,015
1 Michigan Finance Authority Revenue (McLaren Health Care Corp.) PUT 1.425% 10/15/20 25,000 24,711
3 Michigan Finance Authority Revenue (McLaren Health Care Corp.) TOB VRDO 0.920% 5/1/17 LOC 24,000 24,000
Michigan Finance Authority Revenue (MidMichigan Obligated Group) 5.000% 6/1/28 1,310 1,504
Michigan Finance Authority Revenue (MidMichigan Obligated Group) 5.000% 6/1/29 2,000 2,282
Michigan Finance Authority Revenue (MidMichigan Obligated Group) 5.000% 6/1/30 3,000 3,404
Michigan Finance Authority Revenue (MidMichigan Obligated Group) 5.000% 6/1/31 5,000 5,624
Michigan Finance Authority Revenue (MidMichigan Obligated Group) 5.000% 6/1/32 5,000 5,600
Michigan Finance Authority Revenue (Sparrow Obligated Group) 5.000% 11/15/23 830 964
Michigan Finance Authority Revenue (Sparrow Obligated Group) 5.000% 11/15/24 425 490
Michigan Finance Authority Revenue (Sparrow Obligated Group) 5.000% 11/15/24 1,300 1,545
Michigan Finance Authority Revenue (Sparrow Obligated Group) 5.000% 11/15/25 1,190 1,361
Michigan Finance Authority Revenue (Sparrow Obligated Group) 5.000% 11/15/26 400 455
Michigan Finance Authority Revenue (State Clean Water Revolving Fund) 5.000% 10/1/17 2,000 2,036
Michigan Finance Authority Revenue (State Clean Water Revolving Fund) 2.000% 10/1/19 1,800 1,840
Michigan Finance Authority Revenue (State Clean Water Revolving Fund) 4.000% 10/1/20 8,360 9,131
Michigan Finance Authority Revenue (State Clean Water Revolving Fund) 4.000% 10/1/30 7,500 8,195
Michigan Finance Authority Revenue (State Clean Water Revolving Fund) 5.000% 10/1/32 1,500 1,720
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/20 (Prere.) 70 79
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/24 4,750 5,690
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/25 3,500 4,179
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/27 7,930 8,719
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/27 2,765 3,298
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/29 4,880 5,713

 

170

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/30 12,500 14,050
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/30 3,770 4,373
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/31 2,765 3,186
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/33 5,000 5,633
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/34 7,870 8,828
Michigan Finance Authority Revenue (Unemployment Obligation Assessment) 5.000% 7/1/18 50,500 52,938
Michigan Finance Authority Revenue (Unemployment Obligation Assessment) 5.000% 7/1/19 44,000 47,767
Michigan Finance Authority Revenue (Unemployment Obligation Assessment) 5.000% 1/1/22 7,735 7,950
Michigan GAN 5.000% 3/15/23 5,000 5,869
Michigan GAN 5.000% 3/15/26 6,000 7,199
Michigan GAN 5.000% 3/15/27 3,750 4,527
Michigan GO 5.250% 9/15/17 (Prere.) 12,805 13,020
Michigan GO 5.250% 9/15/17 (Prere.) 10,810 10,991
Michigan GO 5.000% 12/1/25 7,835 9,584
Michigan GO 5.000% 12/1/26 2,285 2,769
Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) 5.000% 11/15/32 18,470 20,868
Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) 5.000% 11/15/33 16,910 19,016
Michigan Hospital Finance Authority Revenue (Henry Ford Health System) 5.250% 11/15/19 (Prere.) 5,000 5,509
Michigan Hospital Finance Authority Revenue (Henry Ford Health System) 5.625% 11/15/19 (Prere.) 15,775 17,528
Michigan Hospital Finance Authority Revenue (McLaren Health Care) 5.000% 6/1/27 2,000 2,233
Michigan Hospital Finance Authority Revenue (McLaren Health Care) 5.000% 6/1/28 2,600 2,890
Michigan Hospital Finance Authority Revenue (MidMichigan Obligated Group) 5.125% 6/1/19 (ETM) 1,270 1,321
Michigan Hospital Finance Authority Revenue (MidMichigan Obligated Group) 5.625% 6/1/19 (Prere.) 5,000 5,465
Michigan Hospital Finance Authority Revenue (MidMichigan Obligated Group) 6.000% 6/1/19 (Prere.) 4,000 4,403
Michigan Hospital Finance Authority Revenue (Trinity Health) PUT 6.000% 12/1/17 3,950 4,065
Michigan Housing Development Authority Revenue 3.500% 6/1/47 13,000 13,600
Michigan Municipal Bond Authority Revenue (State Clean Water Revolving Fund) 5.000% 10/1/20 (Prere.) 4,000 4,496
Michigan Strategic Fund Limited Obligation Revenue        
(Facility for Rare Isotope Beams Project at Michigan State University) 5.000% 3/1/23 1,250 1,471
Michigan Strategic Fund Limited Obligation Revenue        
(Facility for Rare Isotope Beams Project at Michigan State University) 5.000% 3/1/24 1,500 1,788
Michigan Strategic Fund Limited Obligation Revenue        
(Facility for Rare Isotope Beams Project at Michigan State University) 5.000% 3/1/25 1,250 1,468
Michigan Strategic Fund Limited Obligation Revenue        
(Facility for Rare Isotope Beams Project at Michigan State University) 5.000% 3/1/26 2,000 2,327
Michigan Strategic Fund Limited Obligation Revenue        
(Facility for Rare Isotope Beams Project at Michigan State University) 5.000% 3/1/27 1,700 1,962
Michigan Strategic Fund Limited Obligation Revenue        
(Facility for Rare Isotope Beams Project at Michigan State University) 5.000% 3/1/28 1,250 1,434
Michigan Strategic Fund Limited Obligation Revenue        
(Facility for Rare Isotope Beams Project at Michigan State University) 5.000% 3/1/29 2,500 2,850
Michigan Strategic Fund Limited Obligation Revenue (Senate Offices Project) 5.000% 10/15/30 1,480 1,669
Michigan Strategic Fund Limited Obligation Revenue (Senate Offices Project) 5.000% 10/15/34 2,170 2,403
Michigan Strategic Fund Limited Obligation Revenue (Senate Offices Project) 5.000% 10/15/35 1,370 1,508
Michigan Trunk Line Revenue 5.000% 11/15/22 7,000 8,258
Monroe County MI Economic Development Corp. Revenue (Detroit Edison Co. Project) 6.950% 9/1/22 (14) 27,000 33,676
Oakland University MI Revenue 5.000% 3/1/24 500 589
Oakland University MI Revenue 5.000% 3/1/25 500 593
Oakland University MI Revenue 5.000% 3/1/26 500 596
Oakland University MI Revenue 5.000% 3/1/27 750 884
Oakland University MI Revenue 5.000% 3/1/28 1,215 1,421
Oakland University MI Revenue 5.000% 3/1/29 1,735 2,016
Oakland University MI Revenue 5.000% 3/1/31 2,225 2,550
Oakland University MI Revenue 5.000% 3/1/32 3,140 3,580
Oakland University MI Revenue 5.000% 3/1/33 1,775 2,013
Oakland University MI Revenue 5.000% 3/1/34 3,745 4,227
Oakland University MI Revenue 5.000% 3/1/35 2,205 2,478
Oakland University MI Revenue 5.000% 3/1/36 2,025 2,269
Portage MI Public Schools GO 5.000% 11/1/33 2,130 2,421
Portage MI Public Schools GO 5.000% 11/1/35 1,300 1,462
Portage MI Public Schools GO 5.000% 11/1/36 1,500 1,682
Rochester MI Community School District GO 5.000% 5/1/19 4,180 4,497
Rockford MI Public Schools GO 5.000% 5/1/32 2,000 2,288
Rockford MI Public Schools GO 5.000% 5/1/33 2,470 2,807
Romeo MI Community School District GO 5.000% 5/1/32 1,290 1,478
Romeo MI Community School District GO 5.000% 5/1/33 1,350 1,539
Romeo MI Community School District GO 5.000% 5/1/34 1,425 1,616
Romeo MI Community School District GO 5.000% 5/1/35 1,000 1,130
Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) 8.000% 9/1/18 (Prere.) 13,900 15,194
Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) 5.500% 8/1/19 (ETM) 20,000 21,937
Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) 6.375% 8/1/19 (Prere.) 25,000 27,902

 

171

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) 5.000% 9/1/22 2,500 2,884
Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) 5.000% 9/1/23 2,000 2,343
Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) 5.000% 9/1/26 2,225 2,567
Saginaw MI Hospital Finance Authority Hospital Revenue (Covenant Medical Center Inc.) 5.000% 7/1/18 2,195 2,285
Saginaw MI Hospital Finance Authority Hospital Revenue (Covenant Medical Center Inc.) 5.000% 7/1/19 2,300 2,465
Saginaw MI Hospital Finance Authority Hospital Revenue (Covenant Medical Center Inc.) 5.000% 7/1/30 10,000 10,777
University of Michigan Revenue 5.000% 4/1/33 2,750 3,255
University of Michigan Revenue 5.000% 4/1/34 3,475 4,094
University of Michigan Revenue 5.000% 4/1/35 3,300 3,869
University of Michigan Revenue 5.000% 4/1/36 4,000 4,675
University of Michigan Revenue 5.000% 4/1/37 5,000 5,825
1 University of Michigan Revenue PUT 1.330% 4/2/18 24,940 24,987
Wayne County MI Airport Authority Revenue 5.000% 12/1/29 1,525 1,724
Wayne County MI Airport Authority Revenue 5.000% 12/1/31 2,300 2,578
Wayne County MI Airport Authority Revenue 5.000% 12/1/32 2,870 3,203
Wayne County MI Airport Authority Revenue 5.000% 12/1/33 10,165 11,296
Wayne County MI Airport Authority Revenue 5.000% 12/1/34 3,390 3,748
Wayne County MI Airport Authority Revenue 5.000% 12/1/34 2,600 2,875
Wayne County MI Airport Authority Revenue 5.000% 12/1/35 3,870 4,264
Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) 4.500% 12/1/25 (14) 8,050 8,209
Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) 5.000% 12/1/27 5,655 6,228
Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) 5.000% 12/1/28 5,935 6,495
Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) 5.000% 12/1/29 3,895 4,223
Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) 5.000% 12/1/30 6,540 7,100
Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) 5.000% 12/1/31 6,370 6,895
Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) 5.000% 12/1/32 4,300 4,641
3 Wayne State University Michigan Revenue TOB VRDO 0.970% 5/5/17 5,000 5,000
Woodhaven-Brownstone MI School District GO 5.000% 5/1/29 3,800 4,432
Woodhaven-Brownstone MI School District GO 5.000% 5/1/30 3,850 4,455
Woodhaven-Brownstone MI School District GO 5.000% 5/1/31 3,905 4,491
        1,732,262
Minnesota (1.4%)        
Bloomington MN Independent School District No. 271 GO 5.000% 2/1/22 3,000 3,490
Duluth MN Independent School District No. 709 COP 5.000% 2/1/22 2,150 2,463
Farmington MN Independent School District No. 192 GO 5.000% 2/1/21 2,575 2,923
Hennepin County MN GO 5.000% 12/1/19 5,050 5,558
Hennepin County MN GO 5.000% 12/1/23 2,600 3,137
Metropolitan Council (Minneapolis-St. Paul Metropolitan Area) Minnesota GO 5.000% 3/1/18 4,500 4,656
Metropolitan Council (Minneapolis-St. Paul Metropolitan Area) Minnesota GO 5.000% 3/1/19 4,200 4,509
Metropolitan Council (Minneapolis-St. Paul Metropolitan Area) Minnesota GO 5.000% 3/1/19 1,500 1,610
Metropolitan Council (Minneapolis-St. Paul Metropolitan Area) Minnesota GO 5.000% 3/1/20 4,500 4,989
2 Metropolitan Council (Minneapolis-St. Paul Metropolitan Area) Minnesota GO 5.000% 3/1/22 3,415 3,980
Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue        
(Allina Health System) 5.000% 11/15/17 1,785 1,824
Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue        
(Allina Health System) 5.000% 11/15/18 2,190 2,319
Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue        
(Allina Health System) 5.000% 11/15/20 1,585 1,731
Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue        
(Allina Health System) 5.000% 11/15/20 1,805 1,971
Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue        
(Allina Health System) 5.000% 11/15/21 2,205 2,407
Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue        
(Allina Health System) 5.000% 11/15/21 3,925 4,286
Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue        
(Allina Health System) 5.000% 11/15/22 2,425 2,648
Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue        
(Allina Health System) 5.250% 11/15/29 7,000 7,683
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/27 275 338
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/28 4,000 4,662
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/28 300 366
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/28 11,500 14,012
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/29 2,280 2,642
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/29 5,000 6,025
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/29 350 422
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/30 2,500 2,887
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/30 5,000 5,978
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/30 425 508
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/31 2,500 2,872
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/31 500 594
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/32 3,925 4,630

 

172

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/32 600 708
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/33 650 763
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/34 900 1,050
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/35 875 1,016
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/36 850 984
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/37 925 1,068
Minneapolis & St. Paul MN Metropolitan Council Wastewater GO 5.000% 3/1/20 4,485 4,973
Minneapolis & St. Paul MN Metropolitan Council Wastewater GO 5.000% 3/1/21 5,000 5,705
Minneapolis & St. Paul MN Metropolitan Council Wastewater GO 5.000% 3/1/26 7,395 9,169
Minneapolis MN GO 2.000% 12/1/19 8,000 8,176
Minneapolis MN Health Care System Revenue (Fairview Health Services) 6.000% 11/15/18 (ETM) 8,530 8,947
Minneapolis MN Health Care System Revenue (Fairview Health Services) 6.625% 11/15/18 (Prere.) 15,500 16,834
Minneapolis MN Special School District No. 1 COP 5.000% 2/1/22 6,805 7,853
Minneapolis MN Special School District No. 1 COP 5.000% 2/1/23 7,550 8,856
Minneapolis MN Special School District No. 1 COP 5.000% 2/1/24 8,215 9,671
Minneapolis MN Special School District No. 1 COP 5.000% 2/1/25 5,050 5,904
Minneapolis MN Special School District No. 1 COP 5.000% 2/1/26 7,000 8,142
Minneapolis MN Special School District No. 1 COP 5.000% 2/1/27 10,085 11,677
Minneapolis MN Special School District No. 1 COP 5.000% 2/1/28 10,590 12,219
Minnesota 911 Revenue 5.000% 6/1/18 18,000 18,802
Minnesota 911 Revenue 5.000% 6/1/19 20,400 22,084
Minnesota 911 Revenue 5.000% 6/1/20 21,420 23,912
Minnesota COP 5.000% 6/1/17 7,745 7,772
Minnesota COP 5.000% 6/1/18 7,135 7,159
Minnesota COP 5.000% 6/1/19 8,540 8,568
Minnesota COP 5.000% 6/1/28 3,225 3,764
Minnesota COP 5.000% 6/1/29 3,385 3,925
Minnesota COP 5.000% 6/1/30 3,405 3,941
Minnesota COP 5.000% 6/1/32 3,670 4,204
Minnesota COP 5.000% 6/1/33 3,615 4,123
Minnesota COP 5.000% 6/1/34 4,005 4,549
Minnesota General Fund Revenue 5.000% 3/1/24 7,500 8,629
Minnesota General Fund Revenue 5.000% 3/1/25 6,000 6,897
Minnesota GO 5.000% 8/1/18 3,895 4,093
Minnesota GO 5.000% 8/1/21 5,445 6,271
Minnesota GO 5.000% 8/1/21 6,000 6,910
Minnesota GO 5.000% 8/1/21 6,500 7,486
Minnesota GO 5.000% 8/1/21 31,000 35,701
Minnesota GO 5.000% 10/1/21 (Prere.) 155 178
Minnesota GO 5.000% 8/1/22 20,500 24,113
Minnesota GO 5.000% 8/1/24 15,500 18,872
Minnesota GO 5.000% 8/1/24 1,350 1,644
Minnesota GO 5.000% 8/1/24 18,000 21,916
Minnesota GO 5.000% 8/1/24 12,355 15,043
Minnesota GO 5.000% 10/1/24 9,845 11,381
Minnesota GO 5.000% 8/1/25 13,500 16,605
Minnesota GO 5.000% 8/1/25 17,005 20,916
Minnesota GO 4.000% 8/1/26 8,015 9,256
Minnesota GO 5.000% 8/1/26 35,060 42,830
Minnesota GO 5.000% 8/1/27 4,000 4,855
Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) 4.000% 4/1/18 455 467
Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) 4.000% 4/1/19 425 448
Minnesota Office of Higher Education Revenue (Supplemental Student Loan Program) 5.000% 11/1/18 4,305 4,558
Minnesota Public Facilities Authority Revenue (State Revolving Fund) 5.000% 3/1/20 (Prere.) 5,000 5,531
Osseo MN Independent School District No. 279 GO 5.000% 2/1/20 7,410 8,184
Rochester MN Health Care Facilities Revenue (Mayo Clinic) 5.000% 11/15/29 7,000 8,644
Rochester MN Health Care Facilities Revenue (Mayo Clinic) 5.000% 11/15/31 8,000 9,875
Rochester MN Health Care Facilities Revenue (Mayo Clinic) PUT 4.000% 11/15/18 11,500 12,005
Southern Minnesota Municipal Power Agency Power Supply System Revenue 5.250% 1/1/19 (Prere.) 2,000 2,140
St. Cloud MN Health Care Revenue (CentraCare Health System) 5.000% 5/1/23 2,000 2,349
St. Cloud MN Health Care Revenue (CentraCare Health System) 5.000% 5/1/24 1,500 1,786
St. Louis Park MN Health Care Facilities Revenue (Park Nicollet Health Services) 5.500% 7/1/18 (Prere.) 21,700 22,848
St. Louis Park MN Health Care Facilities Revenue (Park Nicollet Health Services) 5.625% 7/1/18 (Prere.) 6,000 6,326
University of Minnesota Revenue 5.000% 12/1/18 1,000 1,064
University of Minnesota Revenue 5.000% 8/1/19 1,150 1,251
University of Minnesota Revenue 5.000% 4/1/20 2,895 3,216
University of Minnesota Revenue 5.000% 4/1/21 3,140 3,588
University of Minnesota Revenue 5.000% 4/1/22 500 536
University of Minnesota Revenue 5.000% 8/1/22 1,585 1,783
University of Minnesota Revenue 5.000% 8/1/23 2,500 2,808
University of Minnesota Revenue 5.000% 8/1/24 4,515 5,063
        712,704

 

173

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Mississippi (0.3%)        
Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) 5.000% 7/1/28 3,620 4,116
Jackson County MS Pollution Control Revenue (Chevron USA Inc.) VRDO 0.890% 5/1/17 10,585 10,585
Jackson MS Public School District GO 5.000% 4/1/23 1,500 1,709
Jackson MS Public School District GO 5.000% 4/1/24 3,000 3,452
Jackson MS Public School District GO 5.000% 4/1/25 5,285 6,108
Jackson MS Public School District GO 5.000% 4/1/26 5,000 5,786
Jackson MS Public School District GO 5.000% 4/1/27 4,500 5,171
Mississippi Business Finance Corp. Gulf Opportunity Zone Industrial Development Revenue        
(Chevron USA Inc. Project) VRDO 0.880% 5/1/17 14,000 14,000
Mississippi Business Finance Corp. Gulf Opportunity Zone Industrial Development Revenue        
(Chevron USA Inc. Project) VRDO 0.880% 5/1/17 9,400 9,400
Mississippi Business Finance Corp. Gulf Opportunity Zone Industrial Development Revenue        
(Chevron USA Inc. Project) VRDO 0.880% 5/1/17 1,900 1,900
Mississippi Business Finance Corp. Gulf Opportunity Zone Industrial Development Revenue        
(Chevron USA Inc. Project) VRDO 0.890% 5/1/17 2,145 2,145
Mississippi Business Finance Corp. Gulf Opportunity Zone Industrial Development Revenue        
(Chevron USA Inc. Project) VRDO 0.890% 5/1/17 6,600 6,600
Mississippi Development Bank Special Obligation Revenue (Harrison County Highway Project) 5.000% 1/1/24 2,500 2,921
Mississippi Development Bank Special Obligation Revenue (Madison County Highway Project) 5.000% 1/1/24 2,500 2,920
Mississippi GO 5.000% 10/1/19 2,330 2,568
Mississippi GO 5.000% 10/1/30 12,035 13,623
Mississippi GO 5.000% 11/1/30 4,000 4,725
Mississippi GO 5.000% 10/1/31 11,735 13,257
Mississippi GO 5.000% 12/1/31 11,250 13,098
Mississippi GO 5.000% 12/1/32 7,000 8,117
Mississippi Hospital Equipment & Facilities Authority Revenue (North Mississippi Health Services) 5.000% 10/1/17 2,500 2,541
        134,742
Missouri (0.9%)        
Bi-State Development Agency of the Missouri-Illinois Metropolitan District        
Mass Transit Sales Tax Revenue 5.000% 10/1/33 7,500 8,401
Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue        
(St. Francis Medical Center) 5.000% 6/1/26 1,000 1,121
Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue        
(St. Francis Medical Center) 5.000% 6/1/27 1,850 2,062
Curators of the University of Missouri System Facilities Revenue 5.000% 11/1/26 1,830 2,094
Curators of the University of Missouri System Facilities Revenue 5.000% 11/1/27 1,000 1,143
Curators of the University of Missouri System Facilities Revenue 4.000% 11/1/30 3,000 3,253
Curators of the University of Missouri System Facilities Revenue 4.000% 11/1/31 6,415 6,911
Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) 5.000% 12/1/20 5,000 5,617
Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) 5.000% 12/1/25 6,000 7,080
Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) 5.000% 12/1/26 5,000 5,855
Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) 5.000% 12/1/27 12,745 14,826
Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) 5.000% 12/1/29 13,625 15,627
Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) 5.000% 12/1/30 13,675 15,641
Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) 5.000% 12/1/31 5,535 6,302
Kansas City MO Sanitary Sewer System Revenue 4.000% 1/1/30 1,190 1,287
Kansas City MO Sanitary Sewer System Revenue 4.000% 1/1/31 1,700 1,827
Kansas City MO Special Obligation Revenue (Downtown Arena Project) 5.000% 4/1/32 7,225 8,123
Kansas City MO Special Obligation Revenue (Downtown Arena Project) 4.000% 4/1/35 2,000 2,053
Kansas City MO Special Obligation Revenue (Downtown Arena Project) 4.000% 4/1/36 1,850 1,892
Kansas City MO Special Obligation Revenue (Performing Arts Center Garage Project) 0.000% 2/1/18 3,000 2,969
Kansas City MO Special Obligation Revenue (Performing Arts Center Garage Project) 0.000% 2/1/19 7,615 7,378
Missouri Board of Public Buildings Special Obligation Revenue 4.000% 4/1/20 5,160 5,581
Missouri Environmental Improvement & Energy Resources Authority Revenue 1.540% 12/1/22 (14) 6,385 5,970
Missouri Environmental Improvement & Energy Resources Authority Revenue 5.000% 1/1/24 2,000 2,412
Missouri Environmental Improvement & Energy Resources Authority Revenue 5.000% 1/1/25 2,900 3,528
Missouri Environmental Improvement & Energy Resources Authority Revenue 5.000% 7/1/26 4,250 5,211
Missouri Environmental Improvement & Energy Resources Authority Revenue 5.000% 1/1/27 2,000 2,445
Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) 5.000% 11/15/26 2,045 2,349
Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) 5.000% 11/15/28 1,000 1,132
Missouri Health & Educational Facilities Authority Health Facilities Revenue        
(Freeman Health System) 5.000% 2/15/21 2,845 3,183
Missouri Health & Educational Facilities Authority Health Facilities Revenue        
(Freeman Health System) 5.000% 2/15/22 3,490 3,979
Missouri Health & Educational Facilities Authority Health Facilities Revenue        
(Freeman Health System) 5.000% 2/15/23 3,690 4,187
Missouri Health & Educational Facilities Authority Health Facilities Revenue        
(Freeman Health System) 5.000% 2/15/24 3,320 3,743
Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health System) 5.000% 6/1/19 2,420 2,607
Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health System) 5.000% 6/1/22 5,270 5,812

 

174

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health System) 5.000% 6/1/26 3,000 3,478
Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health System) 5.000% 6/1/27 4,000 4,604
Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health System) 5.000% 6/1/28 3,500 4,003
Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health System) 5.000% 6/1/29 4,000 4,546
Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health System) 5.000% 6/1/30 4,000 4,516
Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health System) 5.000% 6/1/31 3,000 3,370
Missouri Health & Educational Facilities Authority Health Facilities Revenue        
(St. Luke’s Health System) 5.000% 11/15/20 3,975 4,468
Missouri Health & Educational Facilities Authority Health Facilities Revenue        
(St. Luke’s Health System) 5.250% 11/15/25 8,000 8,881
Missouri Health & Educational Facilities Authority Health Facilities Revenue        
(St. Luke’s Health System) 5.000% 11/15/30 5,000 5,410
Missouri Health & Educational Facilities Authority Health Facilities Revenue        
(St. Luke’s Health System) 4.000% 11/15/33 5,450 5,647
Missouri Health & Educational Facilities Authority Revenue (Children’s Mercy Hospital) 5.250% 5/15/19 (Prere.) 15,960 17,294
Missouri Health & Educational Facilities Authority Revenue (Children’s Mercy Hospital) 5.250% 5/15/29 3,270 3,495
Missouri Health & Educational Facilities Authority Revenue (Children’s Mercy Hospital) 4.000% 5/15/33 3,530 3,646
Missouri Health & Educational Facilities Authority Revenue (Children’s Mercy Hospital) 5.000% 5/15/36 2,615 2,919
Missouri Health & Educational Facilities Authority Revenue        
(Lutheran Senior Services Obligated Group) 5.000% 2/1/25 850 964
Missouri Health & Educational Facilities Authority Revenue        
(Lutheran Senior Services Obligated Group) 5.000% 2/1/26 750 850
Missouri Health & Educational Facilities Authority Revenue        
(Lutheran Senior Services Obligated Group) 5.000% 2/1/28 1,000 1,114
Missouri Health & Educational Facilities Authority Revenue        
(Lutheran Senior Services Obligated Group) 5.000% 2/1/29 1,150 1,272
Missouri Health & Educational Facilities Authority Revenue        
(Lutheran Senior Services Obligated Group) 5.000% 2/1/30 400 439
Missouri Health & Educational Facilities Authority Revenue        
(Lutheran Senior Services Obligated Group) 5.000% 2/1/31 1,350 1,472
Missouri Health & Educational Facilities Authority Revenue        
(Lutheran Senior Services Obligated Group) 5.000% 2/1/32 500 542
Missouri Health & Educational Facilities Authority Revenue        
(Lutheran Senior Services Obligated Group) 5.000% 2/1/33 550 593
Missouri Health & Educational Facilities Authority Revenue (Mercy Health) 5.000% 11/15/34 30,000 33,723
Missouri Health & Educational Facilities Authority Revenue (Mercy Health) VRDO 1.356% 6/1/31 (2) 1,000 908
Missouri Health & Educational Facilities Authority Revenue (Mercy Health) VRDO 1.362% 6/1/31 (2) 7,800 7,079
Missouri Health & Educational Facilities Authority Revenue (Washington University) 5.000% 11/15/30 15,000 16,975
Missouri Highways & Transportation Commission Road Revenue 5.000% 2/1/19 2,000 2,141
Missouri Highways & Transportation Commission Road Revenue 5.000% 5/1/22 5,000 5,858
Missouri Highways & Transportation Commission Road Revenue 5.000% 5/1/24 15,000 18,202
Missouri Joint Municipal Electric Utility Commission Power Project Revenue 5.000% 1/1/24 2,800 3,288
Missouri Joint Municipal Electric Utility Commission Power Project Revenue 5.000% 1/1/26 4,570 5,329
Missouri Joint Municipal Electric Utility Commission Power Project Revenue 5.000% 1/1/27 3,250 3,762
Missouri Joint Municipal Electric Utility Commission Power Project Revenue 5.000% 1/1/28 2,250 2,588
Missouri Joint Municipal Electric Utility Commission Power Project Revenue 5.000% 1/1/29 5,000 5,718
Missouri Joint Municipal Electric Utility Commission Power Project Revenue 5.000% 1/1/30 6,455 7,329
Missouri Joint Municipal Electric Utility Commission Power Project Revenue 5.000% 1/1/31 10,000 11,289
Missouri Joint Municipal Electric Utility Commission Power Project Revenue 4.000% 12/1/32 5,245 5,527
Missouri Joint Municipal Electric Utility Commission Power Project Revenue 5.000% 12/1/36 10,000 11,176
Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Iatan 2 Project) 5.000% 12/1/34 10,590 11,963
Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Iatan 2 Project) 5.000% 12/1/35 8,000 8,989
Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 6/1/24 3,000 3,548
Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 12/1/24 2,785 3,313
Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 6/1/25 1,600 1,899
Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 12/1/25 2,270 2,714
Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 12/1/29 3,500 4,064
Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 12/1/34 6,800 7,679
St. Joseph MO Industrial Development Authority Health Facilities Revenue        
(Heartland Regional Medical Center) VRDO 0.860% 5/1/17 LOC 14,700 14,700
St. Louis County MO Parkway C-2 School District GO 5.000% 3/1/24 2,500 3,025
St. Louis MO Airport Revenue (Lambert-St. Louis International Airport) 6.125% 7/1/24 6,000 6,586
St. Louis MO Parking Revenue 5.000% 12/15/24 (4) 1,000 1,178
St. Louis MO Parking Revenue 5.000% 12/15/25 (4) 1,000 1,187
St. Louis MO Parking Revenue 5.000% 12/15/26 (4) 1,000 1,175
St. Louis MO Sewer & Wastewater Revenue 5.000% 5/1/34 3,050 3,531
St. Louis MO Sewer & Wastewater Revenue 5.000% 5/1/35 2,000 2,306
St. Louis MO Sewer & Wastewater Revenue 5.000% 5/1/36 3,000 3,450
        479,323

 

175

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Montana (0.1%)        
Forsyth MT Pollution Control Revenue (Northwestern Corporation Colstrip Project) 2.000% 8/1/23 20,000 19,481
Forsyth MT Pollution Control Revenue (Puget Sound Energy Project) 3.900% 9/1/17 2,925 3,012
Montana Facility Finance Authority Hospital Revenue (Benefis Health System) 5.000% 2/15/28 2,500 2,943
Montana Facility Finance Authority Hospital Revenue (Benefis Health System) 5.000% 2/15/29 2,635 3,087
Montana Facility Finance Authority Hospital Revenue (Benefis Health System) 5.000% 2/15/30 2,000 2,322
Montana Facility Finance Authority Hospital Revenue (Benefis Health System) 5.000% 2/15/31 2,000 2,306
        33,151
Nebraska (0.5%)        
Central Plains Energy Project Nebraska Gas Project Revenue (Project No. 3) 5.000% 9/1/27 9,330 10,366
Central Plains Energy Project Nebraska Gas Supply Revenue PUT 5.000% 12/1/19 150,000 162,759
Douglas County NE Hospital Authority No. 3 Health Facilities Revenue        
(Nebraska Methodist Health System) 5.000% 11/1/23 1,910 2,219
Douglas County NE Hospital Authority No. 3 Health Facilities Revenue        
(Nebraska Methodist Health System) 5.000% 11/1/24 1,400 1,643
Douglas County NE Hospital Authority No. 3 Health Facilities Revenue        
(Nebraska Methodist Health System) 5.000% 11/1/25 2,005 2,365
Douglas County NE Hospital Authority No. 3 Health Facilities Revenue        
(Nebraska Methodist Health System) 5.000% 11/1/26 1,160 1,357
Douglas County NE Hospital Authority No. 3 Health Facilities Revenue        
(Nebraska Methodist Health System) 5.000% 11/1/27 1,760 2,043
Douglas County NE Hospital Authority No. 3 Health Facilities Revenue        
(Nebraska Methodist Health System) 5.000% 11/1/28 1,250 1,442
Douglas County NE Hospital Authority No. 3 Health Facilities Revenue        
(Nebraska Methodist Health System) 5.000% 11/1/29 1,895 2,169
Lincoln County NE Hospital Authority No. 1 Hospital Revenue        
(Great Plains Regional Medical Center Project) 4.000% 11/1/21 1,000 1,086
Lincoln County NE Hospital Authority No. 1 Hospital Revenue        
(Great Plains Regional Medical Center Project) 4.000% 11/1/22 860 928
Lincoln County NE Hospital Authority No. 1 Hospital Revenue        
(Great Plains Regional Medical Center Project) 5.000% 11/1/24 1,320 1,479
Lincoln County NE Hospital Authority No. 1 Hospital Revenue        
(Great Plains Regional Medical Center Project) 5.000% 11/1/25 1,000 1,113
Lincoln County NE Hospital Authority No. 1 Hospital Revenue        
(Great Plains Regional Medical Center Project) 5.000% 11/1/32 5,000 5,414
Lincoln NE Electric System Revenue 5.000% 9/1/22 (Prere.) 1,010 1,187
Lincoln NE Electric System Revenue 5.000% 9/1/25 1,990 2,311
Municipal Energy Agency of Nebraska Power Supply System Revenue 5.000% 4/1/26 3,065 3,465
Municipal Energy Agency of Nebraska Power Supply System Revenue 5.000% 4/1/29 2,125 2,371
Municipal Energy Agency of Nebraska Power Supply System Revenue 5.000% 4/1/31 2,500 2,772
Municipal Energy Agency of Nebraska Power Supply System Revenue 5.000% 4/1/32 2,800 3,094
Nebraska Public Power District Revenue 5.000% 1/1/30 2,000 2,268
Nebraska Public Power District Revenue 5.000% 1/1/30 1,000 1,134
Nebraska Public Power District Revenue 5.000% 1/1/31 1,920 2,173
Nebraska Public Power District Revenue 5.000% 1/1/31 2,000 2,264
Nebraska Public Power District Revenue 5.000% 1/1/31 1,250 1,415
Nebraska Public Power District Revenue 5.000% 1/1/32 2,095 2,366
Nebraska Public Power District Revenue 5.000% 1/1/32 1,470 1,660
Nebraska Public Power District Revenue 5.000% 1/1/33 2,325 2,620
Nebraska Public Power District Revenue 5.000% 1/1/33 5,000 5,635
Nebraska Public Power District Revenue 5.000% 1/1/33 1,250 1,409
Nebraska Public Power District Revenue 5.000% 1/1/34 1,500 1,687
Omaha NE Public Power District Electric Revenue 5.000% 2/1/27 2,375 2,898
Scotts Bluff County NE Hospital Authority Revenue (Regional West Medical Center) 5.000% 2/1/25 1,875 2,070
Scotts Bluff County NE Hospital Authority Revenue (Regional West Medical Center) 5.000% 2/1/26 1,975 2,175
Scotts Bluff County NE Hospital Authority Revenue (Regional West Medical Center) 5.250% 2/1/27 3,470 3,899
Scotts Bluff County NE Hospital Authority Revenue (Regional West Medical Center) 5.250% 2/1/29 1,500 1,660
Scotts Bluff County NE Hospital Authority Revenue (Regional West Medical Center) 5.250% 2/1/30 4,065 4,430
Scotts Bluff County NE Hospital Authority Revenue (Regional West Medical Center) 5.250% 2/1/31 4,030 4,376
Scotts Bluff County NE Hospital Authority Revenue (Regional West Medical Center) 5.250% 2/1/32 4,265 4,602
University of Nebraska Student Fee Revenue 5.000% 7/1/22 4,000 4,676
University of Nebraska Student Fee Revenue 5.000% 7/1/24 1,645 1,926
        268,926
Nevada (1.1%)        
Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) 5.000% 9/1/21 2,330 2,613
Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) 5.000% 9/1/27 3,500 3,849
Clark County NV Airport Improvement Revenue 5.000% 7/1/21 2,000 2,199
Clark County NV Airport Improvement Revenue 5.000% 7/1/30 15,000 16,285
Clark County NV GO 5.000% 7/1/19 9,000 9,760
Clark County NV GO 5.000% 7/1/21 6,075 6,951
Clark County NV GO 4.000% 6/1/31 17,000 18,486

 

176

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Clark County NV GO 4.000% 6/1/32 12,000 12,908
Clark County NV GO 5.000% 7/1/33 16,290 18,367
Clark County NV Highway Improvement Motor Vehicle Fuel Tax Revenue 5.000% 7/1/18 885 927
Clark County NV Highway Improvement Motor Vehicle Fuel Tax Revenue 5.000% 7/1/19 1,000 1,083
Clark County NV Highway Improvement Motor Vehicle Fuel Tax Revenue 5.000% 7/1/20 1,500 1,673
Clark County NV Highway Improvement Motor Vehicle Fuel Tax Revenue 5.000% 7/1/21 2,810 3,216
Clark County NV Passenger Facility Charge Revenue (Las Vegas McCarran International Airport) 5.000% 7/1/30 15,000 16,231
Clark County NV School District GO 5.000% 12/15/17 (Prere.) 8,980 9,214
Clark County NV School District GO 5.000% 12/15/17 (Prere.) 14,655 15,036
Clark County NV School District GO 5.000% 6/15/18 (Prere.) 29,900 31,276
Clark County NV School District GO 5.000% 6/15/20 14,335 14,693
Clark County NV Water Reclamation District GO 5.375% 7/1/18 (Prere.) 2,985 3,141
Clark County NV Water Reclamation District GO 5.000% 7/1/20 3,695 4,131
Clark County NV Water Reclamation District GO 5.000% 7/1/21 3,880 4,453
Las Vegas NV Convention & Visitors Authority Revenue 5.000% 7/1/25 2,080 2,476
Las Vegas NV Convention & Visitors Authority Revenue 5.000% 7/1/27 1,815 2,159
Las Vegas NV GO 4.000% 6/1/18 3,110 3,213
Las Vegas NV GO 4.000% 6/1/19 3,235 3,427
Las Vegas NV GO 4.000% 6/1/20 3,360 3,633
Las Vegas NV GO 4.000% 6/1/21 3,500 3,851
Las Vegas NV GO 5.000% 6/1/21 1,400 1,595
Las Vegas NV GO 5.000% 9/1/24 5,690 6,821
Las Vegas NV GO 5.000% 9/1/25 6,070 7,329
Las Vegas NV GO 4.000% 6/1/30 4,610 4,967
Las Vegas NV GO 4.000% 6/1/31 4,795 5,135
Las Vegas NV GO 4.000% 6/1/32 4,990 5,295
Las Vegas Valley Water District Nevada GO 4.000% 6/1/17 2,060 2,066
Las Vegas Valley Water District Nevada GO 5.000% 6/1/17 5,000 5,019
Las Vegas Valley Water District Nevada GO 5.000% 2/1/18 (Prere.) 8,000 8,249
Las Vegas Valley Water District Nevada GO 5.000% 2/1/18 (Prere.) 5,000 5,156
Las Vegas Valley Water District Nevada GO 5.000% 6/1/18 7,370 7,694
Las Vegas Valley Water District Nevada GO 5.000% 6/1/19 5,000 5,407
Las Vegas Valley Water District Nevada GO 5.000% 12/1/19 5,000 5,494
Las Vegas Valley Water District Nevada GO 5.000% 6/1/24 4,000 4,828
Las Vegas Valley Water District Nevada GO 5.000% 6/1/24 2,665 3,217
Las Vegas Valley Water District Nevada GO 5.000% 6/1/25 2,000 2,431
Las Vegas Valley Water District Nevada GO 5.000% 6/1/25 2,050 2,492
Las Vegas Valley Water District Nevada GO 5.000% 6/1/26 2,000 2,458
Las Vegas Valley Water District Nevada GO 5.250% 6/1/27 10,460 11,918
Las Vegas Valley Water District Nevada GO 5.000% 6/1/31 3,500 4,123
Las Vegas Valley Water District Nevada GO 5.000% 6/1/31 4,000 4,713
Las Vegas Valley Water District Nevada GO 5.000% 6/1/31 4,500 5,139
Las Vegas Valley Water District Nevada GO 5.000% 6/1/32 3,295 3,859
Las Vegas Valley Water District Nevada GO 5.000% 6/1/32 6,040 6,878
Las Vegas Valley Water District Nevada GO 5.000% 6/1/32 2,000 2,278
Las Vegas Valley Water District Nevada GO 5.000% 6/1/35 4,150 4,746
Las Vegas Valley Water District Nevada GO 5.000% 6/1/35 6,000 6,861
Nevada GO 5.000% 4/1/22 17,000 19,817
Nevada GO 5.000% 11/1/23 28,500 34,138
Nevada GO 5.000% 4/1/24 17,595 21,156
Nevada GO 5.000% 11/1/25 34,000 41,056
Nevada Highway Improvement Revenue (Motor Vehicle Fuel Tax) 5.000% 12/1/19 7,000 7,709
Nevada Highway Improvement Revenue (Motor Vehicle Fuel Tax) 4.000% 12/1/32 28,000 30,043
Nevada Highway Improvement Revenue (Motor Vehicle Fuel Tax) 4.000% 12/1/33 26,170 27,870
Reno NV Health Facility Revenue (Dignity Health Obligated Group) 5.250% 7/1/17 (Prere.) 4,000 4,031
Reno NV Hospital Revenue (Renown Regional Medical Center) 5.500% 6/1/18 (Prere.) 1,585 1,664
Reno NV Hospital Revenue (Renown Regional Medical Center) 5.500% 6/1/28 (2) 165 171
Truckee Meadows NV Water Authority Water Revenue 5.000% 7/1/26 4,000 4,887
Truckee Meadows NV Water Authority Water Revenue 5.000% 7/1/27 3,085 3,796
Truckee Meadows NV Water Authority Water Revenue 5.000% 7/1/30 3,500 4,202
Truckee Meadows NV Water Authority Water Revenue 5.000% 7/1/32 4,435 5,227
Truckee Meadows NV Water Authority Water Revenue 5.000% 7/1/34 7,750 9,046
Truckee Meadows NV Water Authority Water Revenue 5.000% 7/1/35 1,750 2,033
        568,265
New Hampshire (0.1%)        
Manchester NH General Airport Revenue 5.000% 1/1/24 6,000 6,641
New Hampshire Health & Education Facilities Authority Revenue (Concord Hospital) 5.000% 10/1/25 2,140 2,422
New Hampshire Health & Education Facilities Authority Revenue (Concord Hospital) 5.000% 10/1/26 1,070 1,204
New Hampshire Health & Education Facilities Authority Revenue (Concord Hospital) 5.000% 10/1/27 1,185 1,327
New Hampshire Health & Education Facilities Authority Revenue        
(Southern New Hampshire Medical Center) 5.000% 10/1/17 (Prere.) 4,615 4,698

 

177

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Hampshire Health & Education Facilities Authority Revenue        
(Southern New Hampshire Medical Center) 4.000% 10/1/28 2,920 3,090
New Hampshire Health & Education Facilities Authority Revenue        
(Southern New Hampshire Medical Center) 4.000% 10/1/29 3,050 3,191
New Hampshire Health & Education Facilities Authority Revenue        
(Southern New Hampshire Medical Center) 5.000% 10/1/32 1,385 1,403
New Hampshire Health & Education Facilities Authority Revenue        
(Southern New Hampshire University) 5.000% 1/1/27 2,500 2,757
New Hampshire Health & Education Facilities Authority Revenue        
(University System of New Hampshire) 5.500% 7/1/20 10,000 10,873
New Hampshire Health & Education Facilities Authority Revenue (Wentworth Douglas Hospital) 6.000% 1/1/31 10,000 11,195
New Hampshire Municipal Bond Bank Revenue 5.000% 2/15/18 1,010 1,043
New Hampshire Municipal Bond Bank Revenue 5.000% 2/15/19 1,010 1,082
New Hampshire Municipal Bond Bank Revenue 5.000% 8/15/19 1,500 1,634
New Hampshire Municipal Bond Bank Revenue 4.000% 8/15/28 1,500 1,659
        54,219
New Jersey (3.4%)        
Atlantic County NJ Improvement Authority Revenue 5.000% 9/1/25 (4) 4,955 5,896
Atlantic County NJ Improvement Authority Revenue 5.000% 9/1/26 (4) 4,685 5,602
Atlantic County NJ Improvement Authority Revenue 5.000% 9/1/27 (4) 3,000 3,550
Bergen County NJ GO 5.000% 10/15/21 2,500 2,896
Essex County NJ Improvement Authority Revenue 5.500% 10/1/23 (14) 10,000 12,149
Essex County NJ Improvement Authority Revenue 5.250% 12/15/23 (2) 3,635 4,359
Essex County NJ Improvement Authority Revenue 5.250% 12/15/24 (2) 3,720 4,520
Jersey City NJ GO 5.000% 3/1/20 1,610 1,751
Jersey City NJ GO 5.000% 3/1/21 1,200 1,331
New Jersey Casino Reinvestment Development Authority Revenue (Hotel Room Fee) 5.250% 1/1/23 (2) 3,900 3,912
New Jersey Casino Reinvestment Development Authority Revenue (Luxury Tax) 5.000% 11/1/24 (4) 1,000 1,128
New Jersey Casino Reinvestment Development Authority Revenue (Luxury Tax) 5.000% 11/1/26 (4) 2,205 2,445
New Jersey Casino Reinvestment Development Authority Revenue (Luxury Tax) 5.000% 11/1/27 (4) 2,500 2,755
New Jersey COP 5.000% 6/15/17 (ETM) 4,840 4,866
New Jersey COP 5.250% 6/15/19 (Prere.) 4,675 5,079
New Jersey COP 5.250% 6/15/19 (Prere.) 1,000 1,086
New Jersey Economic Development Authority Revenue 5.000% 6/15/21 16,500 17,566
New Jersey Economic Development Authority Revenue 5.000% 6/15/22 25,000 26,633
New Jersey Economic Development Authority Revenue 5.000% 6/15/23 4,930 5,254
New Jersey Economic Development Authority Revenue 5.500% 6/15/29 33,000 35,467
New Jersey Economic Development Authority Revenue 5.500% 6/15/30 33,000 35,343
New Jersey Economic Development Authority Revenue 5.500% 6/15/31 13,300 14,201
New Jersey Economic Development Authority Revenue 5.250% 6/15/32 5,000 5,174
New Jersey Economic Development Authority Revenue 5.250% 6/15/33 8,495 8,755
New Jersey Economic Development Authority Revenue (Cigarette Tax) 5.000% 6/15/23 12,000 13,080
New Jersey Economic Development Authority Revenue (Cigarette Tax) 5.000% 6/15/24 7,500 8,123
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 12/15/18 22,500 23,452
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.500% 6/15/19 (Prere.) 3,345 3,660
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.250% 9/1/19 (Prere.) 10,500 11,497
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 12/15/19 17,410 18,375
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.250% 12/15/21 (14) 7,975 8,927
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.250% 12/15/21 (12) 5,000 5,667
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 9/1/23 8,690 9,054
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.500% 9/1/23 (14) 51,630 59,611
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.250% 9/1/24 1,000 1,058
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 3/1/25 2,985 3,125
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.500% 9/1/25 (4) 18,130 21,496
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 3/1/27 4,205 4,351
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.500% 9/1/27 (14) 8,000 9,380
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 3/1/28 5,515 5,678
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.500% 12/15/29 1,655 1,728
3 New Jersey Economic Development Authority Revenue (School Facilities Construction)        
TOB VRDO 1.020% 5/5/17 (12) 3,065 3,065
New Jersey Economic Development Authority Revenue (West Campus Housing LLC) 5.000% 7/1/26 4,345 4,711
New Jersey Economic Development Authority Revenue        
(Provident Group-Montclair Properties LLC - Montclair State University Student Housing Project) 5.000% 6/1/18 2,000 2,061
New Jersey Economic Development Authority Revenue        
(Provident Group-Montclair Properties LLC - Montclair State University Student Housing Project) 5.250% 6/1/19 2,000 2,141
New Jersey Economic Development Authority Revenue        
(Provident Group-Montclair Properties LLC - Montclair State University Student Housing Project) 5.250% 6/1/20 2,000 2,165
New Jersey Economic Development Authority Revenue        
(Provident Group-Montclair Properties LLC - Montclair State University Student Housing Project) 5.375% 6/1/25 5,000 5,415
New Jersey Educational Facilities Authority Revenue (Kean University) 5.000% 7/1/24 (4) 2,000 2,363
New Jersey Educational Facilities Authority Revenue (Kean University) 5.000% 7/1/25 (4) 3,000 3,564

 

178

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Jersey Educational Facilities Authority Revenue (Kean University) 5.000% 7/1/26 (4) 3,075 3,613
New Jersey Educational Facilities Authority Revenue (Kean University) 5.000% 7/1/28 (4) 2,495 2,884
New Jersey Educational Facilities Authority Revenue (Kean University) 5.250% 9/1/29 25,170 27,087
New Jersey Educational Facilities Authority Revenue (Princeton University) 5.000% 7/1/19 7,280 7,911
New Jersey Educational Facilities Authority Revenue (Princeton University) 5.000% 7/1/20 8,300 9,299
New Jersey Educational Facilities Authority Revenue (Princeton University) 5.000% 7/1/21 6,785 7,814
New Jersey Educational Facilities Authority Revenue (Princeton University) 5.000% 7/1/22 2,360 2,775
New Jersey Educational Facilities Authority Revenue (Princeton University) 5.000% 7/1/27 2,965 3,395
New Jersey Educational Facilities Authority Revenue (Princeton University) 5.000% 7/1/34 10,000 12,005
New Jersey Educational Facilities Authority Revenue (University Medical & Dentistry) 7.125% 6/1/19 (Prere.) 6,000 6,752
New Jersey Equipment Lease Purchase COP 5.250% 6/15/19 (Prere.) 6,180 6,714
New Jersey Equipment Lease Purchase COP 5.250% 6/15/19 (Prere.) 5,820 6,323
New Jersey Equipment Lease Purchase COP 5.375% 6/15/19 (Prere.) 11,000 11,979
New Jersey GO 5.000% 8/15/20 30,000 32,981
New Jersey Health Care Facilities Financing Authority Lease Revenue        
(Greystone Park Psychiatric Hospital Project) 5.000% 9/15/21 8,140 8,671
New Jersey Health Care Facilities Financing Authority Lease Revenue        
(Greystone Park Psychiatric Hospital Project) 5.000% 9/15/24 3,415 3,616
New Jersey Health Care Facilities Financing Authority Lease Revenue        
(Greystone Park Psychiatric Hospital Project) 5.000% 9/15/25 12,965 13,630
New Jersey Health Care Facilities Financing Authority Lease Revenue        
(Greystone Park Psychiatric Hospital Project) 5.000% 9/15/26 12,505 13,050
New Jersey Health Care Facilities Financing Authority Lease Revenue        
(Greystone Park Psychiatric Hospital Project) 5.000% 9/15/28 13,835 14,300
New Jersey Health Care Facilities Financing Authority Lease Revenue        
(Marlboro Psychiatric Hospital Project) 5.000% 9/15/29 2,735 2,814
New Jersey Health Care Facilities Financing Authority Lease Revenue        
(Marlboro Psychiatric Hospital Project) 5.000% 9/15/33 5,000 5,066
New Jersey Health Care Facilities Financing Authority Revenue (AHS Hospital Corp.) 5.000% 7/1/17 (ETM) 8,485 8,547
New Jersey Health Care Facilities Financing Authority Revenue (AHS Hospital Corp.) 5.000% 7/1/17 390 393
New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) 4.625% 7/1/21 (Prere.) 3,700 4,182
New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 1/1/19 (ETM) 1,615 1,723
New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 1/1/19 995 1,061
New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 1/1/20 (ETM) 1,315 1,448
New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 1/1/20 (Prere.) 930 1,024
New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 1/1/20 805 886
New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 1/1/20 (Prere.) 570 627
New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 7/1/20 3,000 3,327
New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 7/1/21 2,000 2,267
New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 7/1/22 2,000 2,311
New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) 5.000% 7/1/26 1,000 1,127
New Jersey Health Care Facilities Financing Authority Revenue        
(Hospital Asset Transformation Program) 5.500% 10/1/18 (Prere.) 2,870 3,056
New Jersey Health Care Facilities Financing Authority Revenue        
(Hospital Asset Transformation Program) 5.500% 10/1/23 9,990 10,376
New Jersey Health Care Facilities Financing Authority Revenue        
(Palisades Medical Center Obligated Group) 5.000% 7/1/23 (Prere.) 890 1,060
New Jersey Health Care Facilities Financing Authority Revenue        
(Palisades Medical Center Obligated Group) 5.000% 7/1/23 (Prere.) 4,110 4,901
New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) 5.000% 7/1/24 2,000 2,344
New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) 5.000% 7/1/25 1,345 1,586
New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) 5.000% 7/1/26 1,800 2,138
New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) 5.000% 7/1/24 2,415 2,747
New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) 5.000% 7/1/25 1,535 1,750
New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) 5.000% 7/1/27 2,420 2,746
New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) 5.000% 7/1/29 1,250 1,398
New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) 5.000% 7/1/30 1,090 1,212
New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) 5.750% 7/1/33 20,000 21,749
New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) VRDO 0.850% 5/5/17 LOC 8,750 8,750
New Jersey Higher Education Assistance Authority Student Loan Revenue 4.500% 12/1/20 3,970 4,168
New Jersey Sports & Exposition Authority Revenue 5.000% 9/1/17 9,900 10,021
New Jersey Sports & Exposition Authority Revenue 5.000% 9/1/17 (ETM) 100 101
New Jersey Sports & Exposition Authority Revenue 4.500% 9/1/18 (Prere.) 20 21
New Jersey Sports & Exposition Authority Revenue 4.500% 9/1/24 2,035 2,058
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/21 6,805 7,045
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/24 30,000 30,912
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/24 10,000 10,900
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/27 24,475 26,414
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/28 8,530 9,139
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/28 25,600 26,248
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/29 50,610 51,776

 

179

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/20 7,105 7,572
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/22 2,025 2,175
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/23 2,500 2,689
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/24 3,265 3,496
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/25 6,000 6,376
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.250% 6/15/27 5,000 5,354
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.250% 6/15/28 5,025 5,346
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.250% 6/15/33 2,500 2,592
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.250% 6/15/34 5,000 5,175
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.750% 6/15/17 1,250 1,257
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 12/15/17 15,000 15,343
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 12/15/18 1,530 1,595
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 12/15/19 7,545 8,027
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/19 1,540 1,648
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/19 1,610 1,723
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/19 (14) 25,000 27,018
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/19 5,000 5,351
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 6/15/20 3,825 4,076
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.750% 6/15/20 9,350 10,097
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/20 (4) 9,000 10,018
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/20 17,395 18,827
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 12/15/20 (14) 30,000 33,264
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/21 12,100 13,144
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 12/15/21 14,375 15,769
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 12/15/21 (14) 25,000 28,152
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 12/15/21 (12) 3,745 4,286
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/22 (2) 30,900 33,881
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/22 3,770 4,106
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 12/15/22 29,000 31,950
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/23 2,500 2,727
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.750% 6/15/24 (14) 25,000 29,342
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 12/15/24 18,240 19,499
New Jersey Transportation Trust Fund Authority Transportation System Revenue 0.000% 12/15/25 1,000 681
New Jersey Transportation Trust Fund Authority Transportation System Revenue 0.000% 12/15/25 72,680 49,520
New Jersey Transportation Trust Fund Authority Transportation System Revenue 0.000% 12/15/27 48,285 29,263
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.125% 6/15/28 3,500 3,612
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 6/15/31 17,500 18,347
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 6/15/32 14,250 14,868
New Jersey Turnpike Authority Revenue 5.000% 1/1/21 19,705 20,939
New Jersey Turnpike Authority Revenue 5.000% 1/1/22 4,500 4,778
New Jersey Turnpike Authority Revenue 5.500% 1/1/25 (2) 13,000 15,768
New Jersey Turnpike Authority Revenue 5.000% 1/1/29 17,000 20,134
New Jersey Turnpike Authority Revenue 5.000% 1/1/30 29,695 34,894
New Jersey Turnpike Authority Revenue 5.000% 1/1/32 3,000 3,341
New Jersey Turnpike Authority Revenue 5.000% 1/1/32 20,460 22,981
New Jersey Turnpike Authority Revenue 5.000% 1/1/33 23,540 26,404
South Jersey Transportation Authority New Jersey Transportation System Revenue 5.000% 11/1/23 1,320 1,505
South Jersey Transportation Authority New Jersey Transportation System Revenue 5.000% 11/1/23 2,430 2,722
South Jersey Transportation Authority New Jersey Transportation System Revenue 5.000% 11/1/24 2,800 3,117
South Jersey Transportation Authority New Jersey Transportation System Revenue 5.000% 11/1/28 2,000 2,185
South Jersey Transportation Authority New Jersey Transportation System Revenue 5.000% 11/1/28 1,205 1,352
South Jersey Transportation Authority New Jersey Transportation System Revenue 5.000% 11/1/29 1,500 1,672
South Jersey Transportation Authority New Jersey Transportation System Revenue 5.000% 11/1/30 1,000 1,110
South Jersey Transportation Authority New Jersey Transportation System Revenue 5.000% 11/1/31 1,170 1,292
South Jersey Transportation Authority New Jersey Transportation System Revenue 5.000% 11/1/32 1,000 1,100
South Jersey Transportation Authority New Jersey Transportation System Revenue 5.000% 11/1/34 1,000 1,090
Sussex County NJ GO 5.000% 2/15/23 5,485 6,488
Sussex County NJ GO 5.000% 2/15/24 4,356 5,227
Tobacco Settlement Financing Corp. New Jersey Revenue 5.000% 6/1/17 15,925 15,984
Tobacco Settlement Financing Corp. New Jersey Revenue 5.000% 6/1/18 16,975 17,037
Tobacco Settlement Financing Corp. New Jersey Revenue 5.000% 6/1/19 30,805 30,911
Tobacco Settlement Financing Corp. New Jersey Revenue 4.500% 6/1/23 50,212 50,526
Tobacco Settlement Financing Corp. New Jersey Revenue 4.625% 6/1/26 25,410 25,461
Tobacco Settlement Financing Corp. New Jersey Revenue 0.000% 6/1/41 213,200 56,498
West Deptford Township NJ GO 5.000% 7/1/24 (4) 1,210 1,218
West Deptford Township NJ GO 5.000% 7/1/25 (4) 1,260 1,269
West Deptford Township NJ GO 5.000% 7/1/26 (4) 1,000 1,007
        1,777,859
New Mexico (0.3%)        
Albuquerque NM GO 5.000% 7/1/24 4,615 5,587
Albuquerque NM Municipal School District No. 12 GO 5.000% 8/1/29 2,560 3,058

 

180

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Albuquerque NM Municipal School District No. 12 GO 5.000% 8/1/30 1,250 1,485
Albuquerque NM Municipal School District No. 12 GO 5.000% 8/1/31 1,700 2,006
Albuquerque NM Municipal School District No. 12 GO 5.000% 8/1/32 1,900 2,229
Farmington NM Pollution Control Revenue        
(Southern California Edison Co. Four Corners Project) PUT 1.875% 4/1/20 16,000 16,162
Farmington NM Pollution Control Revenue        
(Southern California Edison Co. Four Corners Project) PUT 1.875% 4/1/20 35,000 35,154
New Mexico Educational Assistance Foundation Revenue 4.000% 9/1/18 16,440 17,097
New Mexico Educational Assistance Foundation Revenue 4.000% 9/1/19 5,990 6,379
New Mexico Educational Assistance Foundation Revenue 5.000% 12/1/19 1,500 1,644
New Mexico Educational Assistance Foundation Revenue 4.000% 12/1/20 1,500 1,636
New Mexico Finance Authority Revenue 5.000% 6/15/22 1,800 2,098
New Mexico Finance Authority Revenue 5.000% 6/15/23 1,270 1,504
New Mexico Finance Authority Transportation Revenue 5.000% 6/15/21 2,300 2,642
New Mexico GO 5.000% 3/1/23 15,925 18,902
New Mexico Hospital Equipment Loan Council Hospital System Revenue        
(Presbyterian Healthcare Services) 5.000% 8/1/24 900 1,076
New Mexico Hospital Equipment Loan Council Hospital System Revenue        
(Presbyterian Healthcare Services) 5.000% 8/1/25 1,000 1,202
New Mexico Hospital Equipment Loan Council Hospital System Revenue        
(Presbyterian Healthcare Services) 5.000% 8/1/26 1,025 1,218
New Mexico Hospital Equipment Loan Council Hospital System Revenue        
(Presbyterian Healthcare Services) 5.000% 8/1/27 1,435 1,688
New Mexico Hospital Equipment Loan Council Hospital System Revenue        
(Presbyterian Healthcare Services) 5.000% 8/1/29 3,000 3,477
New Mexico Hospital Equipment Loan Council Hospital System Revenue        
(Presbyterian Healthcare Services) 5.000% 8/1/30 3,000 3,454
New Mexico Hospital Equipment Loan Council Hospital System Revenue        
(Presbyterian Healthcare Services) 5.000% 8/1/31 3,685 4,215
New Mexico Hospital Equipment Loan Council Hospital System Revenue        
(Presbyterian Healthcare Services) 5.000% 8/1/32 2,500 2,844
        136,757
New York (15.8%)        
Amherst NY Development Corp. Student Housing Facility Revenue 3.500% 10/1/19 1,185 1,242
Amherst NY Development Corp. Student Housing Facility Revenue 4.000% 10/1/21 2,575 2,757
Amherst NY Development Corp. Student Housing Facility Revenue 4.000% 10/1/22 2,680 2,849
Brooklyn NY Local Development Corp. PILOT Revenue (Barclays Center Project) 6.000% 1/15/20 (Prere.) 6,735 7,597
Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) 5.000% 7/15/26 2,500 2,918
Dutchess County NY Local Development Corp. Revenue (Health Quest Systems Inc. Project) 5.000% 7/1/24 1,240 1,471
Dutchess County NY Local Development Corp. Revenue (Health Quest Systems Inc. Project) 5.000% 7/1/24 1,850 2,194
Dutchess County NY Local Development Corp. Revenue (Health Quest Systems Inc. Project) 5.000% 7/1/25 1,310 1,560
Dutchess County NY Local Development Corp. Revenue (Health Quest Systems Inc. Project) 5.000% 7/1/25 4,190 4,991
Dutchess County NY Local Development Corp. Revenue (Health Quest Systems Inc. Project) 5.000% 7/1/26 1,395 1,668
Dutchess County NY Local Development Corp. Revenue (Health Quest Systems Inc. Project) 5.000% 7/1/28 5,470 6,438
Erie County NY Industrial Development Agency School Facility Revenue        
(Buffalo City School District Project) 5.250% 5/1/26 6,775 7,755
Erie County NY Industrial Development Agency School Facility Revenue        
(Buffalo City School District Project) 5.250% 5/1/27 8,560 9,791
Erie County NY Industrial Development Agency School Facility Revenue        
(Buffalo City School District Project) 5.250% 5/1/29 6,315 7,210
Erie County NY Industrial Development Agency School Facility Revenue        
(Buffalo City School District Project) 5.250% 5/1/31 2,500 2,830
Freeport NY GO 5.000% 1/15/20 2,070 2,271
Hempstead NY GO 4.000% 4/1/28 (4) 7,125 7,838
Long Island NY Power Authority Electric System Revenue 5.750% 4/1/19 (Prere.) 20,000 21,799
Long Island NY Power Authority Electric System Revenue 5.500% 5/1/19 (Prere.) 28,235 30,737
Long Island NY Power Authority Electric System Revenue 5.000% 4/1/23 5,800 6,139
Long Island NY Power Authority Electric System Revenue 5.000% 9/1/29 10,000 11,228
1 Long Island NY Power Authority Electric System Revenue PUT 1.338% 11/1/18 18,650 18,639
Monroe County NY Industrial Development Agency School Facility Revenue        
(Rochester Schools Modernization Project) 5.000% 5/1/20 3,500 3,891
Monroe County NY Industrial Development Corp. Mortgage Revenue        
(Unity Hospital Rochester Project) 5.500% 8/15/23 2,270 2,278
Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) 5.000% 7/1/25 2,000 2,442
Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) 5.000% 7/1/25 2,780 3,394
Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) 5.000% 7/1/26 2,515 3,097
Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) 5.000% 7/1/27 1,525 1,888
Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) 5.000% 7/1/27 1,800 2,229
Nassau County NY GO 5.000% 4/1/22 14,850 17,173
Nassau County NY GO 4.000% 10/1/22 8,755 9,396
Nassau County NY GO 5.000% 4/1/23 15,665 18,381

 

181

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Nassau County NY GO 4.000% 10/1/23 5,245 5,604
Nassau County NY Health Care Corp. Revenue VRDO 0.890% 5/5/17 LOC 7,470 7,470
Nassau County NY Industrial Development Agency Civic Facility Revenue        
(Cold Spring Harbor Laboratory) VRDO 0.850% 5/1/17 7,500 7,500
Nassau County NY Local Economic Assistance & Financing Corp. Revenue        
(Winthrop University Hospital Association Project) 5.000% 7/1/21 2,605 2,924
Nassau County NY Local Economic Assistance Corp. Revenue        
(Catholic Health Services of Long Island Obligated Group Project) 5.000% 7/1/25 1,350 1,547
Nassau County NY Local Economic Assistance Corp. Revenue        
(Catholic Health Services of Long Island Obligated Group Project) 5.000% 7/1/26 1,715 1,955
Nassau County NY Local Economic Assistance Corp. Revenue        
(Catholic Health Services of Long Island Obligated Group Project) 5.000% 7/1/27 3,090 3,479
New York City NY Build NYC Resource Corp. Revenue (New York Law School Project) 5.000% 7/1/24 3,245 3,694
New York City NY Build NYC Resource Corp. Revenue (New York Law School Project) 5.000% 7/1/25 3,485 3,969
New York City NY Build NYC Resource Corp. Revenue (New York Law School Project) 5.000% 7/1/26 3,660 4,175
New York City NY Build NYC Resource Corp. Revenue (New York Law School Project) 5.000% 7/1/27 3,245 3,672
New York City NY Build NYC Resource Corp. Revenue (New York Law School Project) 5.000% 7/1/29 1,740 1,943
New York City NY Build NYC Resource Corp. Revenue (The Chapin School Project) 5.000% 11/1/19 4,000 4,385
New York City NY GO 5.000% 8/1/17 (Prere.) 115 116
New York City NY GO 5.000% 8/1/17 (Prere.) 1,555 1,572
New York City NY GO 5.000% 8/1/17 (Prere.) 1,095 1,107
New York City NY GO 5.000% 10/1/17 (Prere.) 1,380 1,404
New York City NY GO 5.000% 8/1/18 5,000 5,250
New York City NY GO 5.250% 8/15/18 (Prere.) 2,130 2,249
New York City NY GO 5.250% 3/1/19 (Prere.) 610 657
New York City NY GO 5.450% 4/1/19 (Prere.) 6,310 6,842
New York City NY GO 5.000% 6/1/19 (ETM) 6,725 7,273
New York City NY GO 5.000% 6/1/19 1,950 2,108
New York City NY GO 5.000% 8/1/19 17,870 19,419
New York City NY GO 5.000% 8/1/19 5,000 5,433
New York City NY GO 5.000% 8/1/19 32,000 34,774
New York City NY GO 5.000% 8/1/19 4,500 4,890
New York City NY GO 5.000% 8/1/19 3,100 3,369
New York City NY GO 5.000% 8/1/20 3,895 3,935
New York City NY GO 5.000% 8/1/20 5,000 5,597
New York City NY GO 5.000% 8/1/20 14,000 15,671
New York City NY GO 5.000% 8/1/20 32,355 35,289
New York City NY GO 5.000% 8/1/20 6,060 6,783
New York City NY GO 5.000% 10/1/20 65 66
New York City NY GO 5.250% 3/1/21 3,645 3,932
New York City NY GO 5.000% 8/1/21 4,000 4,592
New York City NY GO 5.000% 8/1/21 15,750 17,683
New York City NY GO 5.000% 8/1/21 5 5
New York City NY GO 5.000% 8/1/21 58,635 63,883
New York City NY GO 5.000% 8/1/21 5,000 5,740
New York City NY GO 5.000% 8/1/21 10,000 11,481
New York City NY GO 5.250% 9/1/21 14,250 15,093
New York City NY GO 5.000% 10/1/21 7,545 8,694
New York City NY GO 5.000% 8/1/22 2,500 2,925
New York City NY GO 5.000% 8/1/22 6,740 7,887
New York City NY GO 5.000% 8/1/22 7,415 8,677
New York City NY GO 5.000% 8/1/22 6,400 7,489
New York City NY GO 5.000% 8/1/22 18,475 20,724
New York City NY GO 5.000% 8/1/22 6,020 6,753
New York City NY GO 5.000% 8/1/22 32,000 34,819
New York City NY GO 5.000% 8/1/22 5,500 6,436
New York City NY GO 5.250% 8/15/22 25,250 26,689
New York City NY GO 5.000% 8/1/23 3,690 4,412
New York City NY GO 5.000% 8/1/23 7,740 9,255
New York City NY GO 5.000% 8/1/23 14,590 17,064
New York City NY GO 5.000% 8/1/23 3,905 4,648
New York City NY GO 5.000% 8/1/23 5,650 6,724
New York City NY GO 5.000% 8/1/23 2,000 2,174
New York City NY GO 5.250% 8/15/23 21,820 23,052
New York City NY GO 5.000% 10/1/23 4,430 5,198
New York City NY GO 5.000% 4/1/24 17,335 20,111
New York City NY GO 5.000% 8/1/24 16,990 20,499
New York City NY GO 5.000% 8/1/24 20,000 24,013
New York City NY GO 5.000% 8/1/24 4,000 4,672
New York City NY GO 5.000% 8/1/24 5,310 6,068
New York City NY GO 5.000% 8/1/24 8,085 9,047

 

182

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York City NY GO 5.250% 8/15/24 23,815 25,147
New York City NY GO 5.000% 10/1/24 5,000 5,734
New York City NY GO 5.000% 10/1/24 4,500 5,273
New York City NY GO 5.000% 8/1/25 3,630 4,412
New York City NY GO 5.000% 8/1/25 15,500 18,841
New York City NY GO 5.000% 8/1/25 3,300 3,805
New York City NY GO 5.000% 8/1/25 5,000 5,823
New York City NY GO 5.000% 10/1/25 10,985 12,834
New York City NY GO 5.000% 4/1/26 10,000 11,550
New York City NY GO 5.000% 4/1/26 3,590 3,856
New York City NY GO 5.000% 8/1/26 14,215 16,779
New York City NY GO 5.000% 8/1/26 9,735 11,491
New York City NY GO 5.000% 8/1/26 5,000 5,812
New York City NY GO 5.000% 10/1/26 23,890 27,858
New York City NY GO 5.000% 4/1/27 14,780 17,018
New York City NY GO 5.000% 8/1/27 4,705 5,400
New York City NY GO 5.000% 8/1/27 6,585 7,737
New York City NY GO 5.000% 8/1/27 20,000 24,310
New York City NY GO 5.000% 10/1/27 15,000 17,432
New York City NY GO 5.000% 8/1/28 18,000 20,604
New York City NY GO 5.000% 8/1/28 9,300 10,950
New York City NY GO 5.000% 3/1/29 27,590 32,126
New York City NY GO 5.000% 5/15/29 7,900 8,512
New York City NY GO 5.000% 8/1/29 9,715 11,266
New York City NY GO 5.000% 3/1/30 16,230 18,785
New York City NY GO 5.000% 8/1/30 5,380 6,271
New York City NY GO 5.000% 8/1/30 6,845 7,903
New York City NY GO 5.000% 8/1/30 10,655 12,301
New York City NY GO 5.000% 8/1/30 23,000 26,062
New York City NY GO 5.000% 3/1/31 33,315 38,296
New York City NY GO 5.450% 4/1/31 250 270
New York City NY GO 4.000% 8/1/31 30,000 32,687
New York City NY GO 5.000% 10/1/31 34,050 38,575
New York City NY GO 5.000% 12/1/31 3,000 3,546
New York City NY GO 4.000% 8/1/32 5,000 5,401
New York City NY GO 5.000% 8/1/32 1,475 1,662
New York City NY GO 5.000% 8/1/33 5,000 5,721
New York City NY GO 5.000% 12/1/33 11,750 13,728
New York City NY GO 5.000% 12/1/34 4,000 4,652
New York City NY GO 4.000% 8/1/35 15,000 15,782
New York City NY GO 5.000% 12/1/35 3,000 3,472
New York City NY GO VRDO 0.880% 5/1/17 14,000 14,000
New York City NY GO VRDO 0.880% 5/1/17 LOC 2,660 2,660
New York City NY GO VRDO 0.880% 5/1/17 18,700 18,700
New York City NY GO VRDO 0.890% 5/1/17 4,900 4,900
New York City NY GO VRDO 0.890% 5/1/17 37,525 37,525
New York City NY Health & Hospital Corp. Revenue (Health System) 5.000% 2/15/24 3,500 3,817
New York City NY Health & Hospital Corp. Revenue (Health System) 5.000% 2/15/30 19,200 20,611
New York City NY Housing Development Corp. Multi-Family Housing Revenue 5.000% 7/1/26 12,940 14,973
New York City NY Housing Development Corp. Multi-Family Housing Revenue 5.250% 7/1/28 17,300 20,038
New York City NY Housing Development Corp. Multi-Family Housing Revenue 5.250% 7/1/29 22,000 25,394
New York City NY Housing Development Corp. Multi-Family Housing Revenue 5.250% 7/1/30 12,500 14,363
New York City NY Housing Development Corp. Multi-Family Housing Revenue PUT 2.950% 2/1/26 34,510 35,185
New York City NY Housing Development Corp. Multi-Family Mortgage Revenue (8 Spruce Street) 3.000% 2/15/48 9,000 9,029
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/18 (Prere.) 500 523
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/26 35,000 39,897
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/26 25,880 29,501
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/29 5,000 5,904
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/29 41,500 47,217
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/29 4,500 5,013
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/30 10,000 11,124
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/31 9,000 10,012
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/31 24,500 27,627
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/31 30,000 34,477
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/32 5,545 6,241
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/32 17,500 19,696
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/33 10,000 11,832
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.250% 6/15/33 5,000 6,054
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/34 50,000 57,246
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/35 10,415 11,923

 

183

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
3 New York City NY Municipal Water Finance Authority Water & Sewer System Revenue        
TOB VRDO 0.980% 5/5/17 18,440 18,440
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.850% 5/1/17 13,200 13,200
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.850% 5/1/17 25,865 25,865
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.880% 5/1/17 42,950 42,950
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.880% 5/1/17 1,835 1,835
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.880% 5/1/17 6,700 6,700
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.880% 5/1/17 37,950 37,950
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.890% 5/1/17 20,175 20,175
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.890% 5/1/17 13,270 13,270
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.890% 5/5/17 17,150 17,150
New York City NY Sales Tax Asset Receivable Corp. Revenue 5.000% 10/15/24 15,830 19,372
New York City NY Sales Tax Asset Receivable Corp. Revenue 5.000% 10/15/28 6,000 7,165
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 1/15/19 3,875 4,135
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 1/15/23 4,440 4,733
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 1/15/24 7,040 7,502
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 1/15/25 (14) 10,170 10,204
New York City NY Transitional Finance Authority Building Aid Revenue 5.250% 1/15/25 13,090 13,999
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/25 10,085 12,231
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 1/15/26 (14) 7,620 7,645
New York City NY Transitional Finance Authority Building Aid Revenue 5.250% 1/15/26 10,520 11,247
New York City NY Transitional Finance Authority Building Aid Revenue 5.250% 1/15/26 8,185 8,751
New York City NY Transitional Finance Authority Building Aid Revenue 5.250% 1/15/27 4,615 4,932
New York City NY Transitional Finance Authority Building Aid Revenue 5.125% 1/15/28 3,465 3,694
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/28 11,000 13,091
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 1/15/29 3,550 3,653
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/29 5,000 5,903
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 1/15/30 9,500 10,110
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/30 9,000 10,582
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/30 5,000 5,858
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/31 18,000 20,242
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/31 6,000 6,810
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/31 5,270 6,136
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/32 5,000 5,802
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/32 3,950 4,477
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/33 10,000 11,540
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/34 10,000 11,485
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/34 10,000 11,515
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/35 10,000 11,465
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/17 3,980 3,995
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/18 5,000 5,300
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/18 15,000 15,900
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/18 6,500 6,890
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 5/1/19 (Prere.) 11,090 11,950
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/19 2,535 2,778
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/19 (Prere.) 45 49
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/19 9,835 10,777
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/19 3,570 3,912
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/20 13,500 15,227
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/21 16,030 18,527
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/21 29,955 32,965
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/22 4,000 4,715
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 5/1/23 16,740 19,910
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/23 14,000 16,760
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/24 6,000 6,804
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/24 12,220 14,803
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/24 1,000 1,154
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/24 6,000 6,926
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/24 14,245 17,031
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/24 10,030 12,048
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/24 15,550 17,950
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/24 20,000 24,228
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/24 1,985 2,405
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/25 4,285 4,854
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/25 5,000 5,765
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/25 5,500 6,341
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/25 5,000 5,765
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/26 10,795 12,220
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/26 10,290 11,649
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/26 2,635 3,036
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/26 8,620 9,930

 

184

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York City NY Transitional Finance Authority Future Tax Revenue 5.250% 11/1/26 8,255 9,388
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/27 1,435 1,652
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/27 4,000 4,604
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/28 10,000 11,486
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/28 25,675 29,035
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 8/1/28 5,000 5,929
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/28 7,000 8,459
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 5/1/29 12,000 13,955
New York City NY Transitional Finance Authority Future Tax Revenue 4.000% 5/1/30 10,000 10,952
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/31 8,000 8,927
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 5/1/31 19,000 21,694
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/31 8,000 9,417
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/31 24,475 27,778
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/32 12,700 14,532
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/32 10,000 11,792
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 8/1/32 13,750 15,929
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/32 16,500 18,688
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/32 4,270 4,916
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/33 17,500 19,953
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 8/1/33 12,150 14,015
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 8/1/33 7,985 9,324
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/33 13,700 15,900
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 8/1/34 15,910 18,261
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 8/1/34 10,000 11,615
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/34 27,325 31,493
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/34 11,150 12,877
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/35 9,500 10,992
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 5/1/35 7,000 8,068
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 8/1/35 22,020 25,181
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/35 13,290 15,273
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/36 10,000 11,534
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 8/1/36 3,000 3,429
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/36 4,000 4,587
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/37 10,000 11,507
3 New York City NY Transitional Finance Authority Future Tax Revenue TOB VRDO 0.990% 5/1/17 10,030 10,030
New York City NY Transitional Finance Authority Future Tax Revenue VRDO 0.880% 5/1/17 23,610 23,610
New York City NY Transitional Finance Authority Future Tax Revenue VRDO 0.880% 5/1/17 11,900 11,900
New York City NY Transitional Finance Authority Future Tax Revenue VRDO 0.890% 5/1/17 11,900 11,900
New York City NY Transitional Finance Authority Future Tax Revenue VRDO 0.890% 5/1/17 22,050 22,050
New York City NY Transitional Finance Authority Future Tax Revenue VRDO 0.920% 5/5/17 8,800 8,800
New York City NY Trust for Cultural Resources Revenue        
(Lincoln Center for the Performing Arts Inc.) 5.250% 12/1/18 (ETM) 7,600 8,119
New York City NY Trust for Cultural Resources Revenue        
(Lincoln Center for the Performing Arts Inc.) 5.000% 12/1/26 27,000 32,588
New York City NY Trust for Cultural Resources Revenue (Wildlife Conservation Society) 5.000% 8/1/33 5,270 6,105
New York Liberty Development Corp. Revenue 5.000% 11/15/31 13,200 14,840
New York Liberty Development Corp. Revenue (7 World Trade Center Project) 5.000% 9/15/31 14,000 15,992
New York Liberty Development Corp. Revenue (Goldman Sachs Headquarters) 5.250% 10/1/35 19,640 23,768
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/17 (Prere.) 10,000 10,228
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/17 (Prere.) 2,685 2,746
New York Metropolitan Transportation Authority Revenue 5.000% 5/15/18 (Prere.) 3,000 3,129
New York Metropolitan Transportation Authority Revenue 5.000% 5/15/18 (Prere.) 3,885 4,052
New York Metropolitan Transportation Authority Revenue 5.750% 7/1/18 1,975 2,087
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/18 (Prere.) 1,500 1,594
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/19 23,500 25,790
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/20 34,225 38,595
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/21 19,000 21,888
New York Metropolitan Transportation Authority Revenue 5.500% 11/15/21 (4) 15,900 18,751
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/22 8,385 9,834
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/23 5,000 5,949
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/23 6,550 7,674
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/24 10,000 12,011
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/24 6,505 7,610
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/25 1,330 1,545
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/25 1,500 1,721
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/25 10,000 11,463
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/25 31,000 36,192
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/26 2,300 2,662
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/26 15,000 17,159
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/26 5,355 6,237
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/27 1,695 1,953

 

185

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/27 3,850 4,401
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/27 22,625 25,574
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/28 20,500 24,595
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/28 15,000 17,375
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/28 9,000 10,167
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/29 13,635 15,771
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/29 3,585 4,288
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/29 20,730 23,402
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/30 12,735 14,715
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/30 10,260 11,855
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/30 12,125 13,785
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/30 5,000 5,939
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/30 24,500 27,603
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/30 5,500 6,551
New York Metropolitan Transportation Authority Revenue 4.750% 11/15/31 8,000 8,679
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/31 5,500 6,201
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/31 8,500 9,765
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/31 7,000 8,067
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/32 5,480 6,153
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/32 12,705 14,265
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/33 5,000 5,707
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/33 13,055 14,604
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/34 19,605 21,850
New York Metropolitan Transportation Authority Revenue (Dedicated Petroleum Tax) 6.000% 4/1/20 (ETM) 15,660 17,103
1 New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 1.850% 11/1/19 8,000 8,063
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/25 10,360 11,895
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/25 6,125 7,033
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/26 10,910 12,506
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/26 7,245 8,305
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/27 11,415 13,058
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/27 11,530 13,179
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.125% 11/15/28 10,500 12,068
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.125% 11/15/28 2,000 2,299
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.250% 11/15/29 11,500 14,104
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.250% 11/15/30 15,000 18,316
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/32 6,500 7,655
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/33 10,900 12,767
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/34 11,445 13,333
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/35 10,020 11,628
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/36 59,700 69,011
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/36 12,610 14,577
New York Metropolitan Transportation Authority Revenue (Hudson Yards Development) 5.000% 11/15/46 20,600 22,020
New York Metropolitan Transportation Authority Revenue (Hudson Yards Development) 5.000% 11/15/51 59,720 64,312
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.000% 11/15/17 (Prere.) 5,000 5,114
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.500% 11/15/18 13,245 13,832
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.000% 11/15/26 2,500 2,912
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.000% 11/15/28 2,000 2,317
New York Metropolitan Transportation Authority Revenue (Transit Revenue) PUT 5.000% 11/15/19 8,040 8,756
1 New York Metropolitan Transportation Authority Revenue PUT 1.498% 11/1/17 8,765 8,786
1 New York Metropolitan Transportation Authority Revenue PUT 1.260% 11/15/17 31,200 31,183
New York Metropolitan Transportation Authority Revenue PUT 5.000% 2/15/20 18,000 19,689
New York State Dormitory Authority Lease Revenue (Mental Health Services Facilities) 5.000% 8/15/21 10,000 11,191
New York State Dormitory Authority Lease Revenue (Mental Health Services Facilities) 5.000% 8/15/22 2,000 2,236
New York State Dormitory Authority Lease Revenue (State University Dormitory Facilities) 5.000% 7/1/20 (Prere.) 3,925 4,386
New York State Dormitory Authority Lease Revenue (State University Dormitory Facilities) 5.000% 7/1/20 (Prere.) 2,125 2,374
New York State Dormitory Authority Lease Revenue (State University Dormitory Facilities) 5.000% 7/1/20 (Prere.) 4,330 4,838
New York State Dormitory Authority Lease Revenue (State University Dormitory Facilities) 5.000% 7/1/21 (Prere.) 2,000 2,296
New York State Dormitory Authority Lease Revenue (State University Dormitory Facilities) 5.000% 7/1/21 (Prere.) 2,320 2,664
New York State Dormitory Authority Revenue (City University System) 5.000% 7/1/18 (Prere.) 2,570 2,694
New York State Dormitory Authority Revenue (City University System) 5.000% 7/1/19 430 450
New York State Dormitory Authority Revenue (City University System) 5.000% 7/1/20 (Prere.) 215 240
New York State Dormitory Authority Revenue (City University System) 5.000% 7/1/21 4,785 5,323
New York State Dormitory Authority Revenue (City University System) 5.000% 7/1/22 5,340 5,949
New York State Dormitory Authority Revenue (City University System) 5.000% 7/1/25 6,100 6,788
New York State Dormitory Authority Revenue (Columbia University) 5.000% 10/1/21 19,375 22,443
New York State Dormitory Authority Revenue (Department of Health) 5.000% 7/1/18 4,885 5,111
New York State Dormitory Authority Revenue (Department of Health) 5.000% 7/1/19 4,000 4,329
New York State Dormitory Authority Revenue (Department of Health) 5.000% 7/1/20 6,485 7,220
New York State Dormitory Authority Revenue (Department of Health) 5.000% 7/1/21 3,500 3,992
New York State Dormitory Authority Revenue (Fordham University) 5.000% 7/1/28 1,070 1,216
New York State Dormitory Authority Revenue (Fordham University) 5.125% 7/1/29 1,625 1,852

 

186

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York State Dormitory Authority Revenue (Fordham University) 5.200% 7/1/30 1,200 1,354
New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) 5.000% 7/1/24 9,345 11,083
New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) 5.000% 7/1/28 6,500 7,564
New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) 5.000% 7/1/29 10,000 11,507
New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) 5.000% 7/1/30 4,500 5,129
New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) 5.000% 7/1/32 12,000 13,533
New York State Dormitory Authority Revenue (Memorial Sloan-Kettering Cancer Center) 5.000% 7/1/26 1,500 1,713
New York State Dormitory Authority Revenue (Memorial Sloan-Kettering Cancer Center) 5.000% 7/1/29 1,000 1,133
New York State Dormitory Authority Revenue (Memorial Sloan-Kettering Cancer Center) 5.000% 7/1/30 1,000 1,129
New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) 5.000% 8/15/18 (Prere.) 2,520 2,653
New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) 5.000% 8/15/18 (Prere.) 2,865 3,017
New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) 5.000% 2/15/19 (4) 3,195 3,206
New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) 5.000% 2/15/19 (4) 70 74
New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) 5.000% 8/15/20 (ETM) 10 11
New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) 5.000% 8/15/20 13,280 14,868
New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) 5.000% 2/15/25 (4) 215 226
New York State Dormitory Authority Revenue (Mount Sinai Hospital Obligated Group) 5.000% 7/1/26 3,500 3,838
New York State Dormitory Authority Revenue        
(Mount Sinai School of Medicine of New York University) 5.000% 7/1/17 (Prere.) 8,000 8,056
New York State Dormitory Authority Revenue        
(Mount Sinai School of Medicine of New York University) 5.000% 7/1/17 (Prere.) 3,300 3,323
New York State Dormitory Authority Revenue        
(Mount Sinai School of Medicine of New York University) 5.000% 7/1/17 (Prere.) 4,000 4,028
New York State Dormitory Authority Revenue        
(Mount Sinai School of Medicine of New York University) 5.000% 7/1/21 1,500 1,658
New York State Dormitory Authority Revenue (New York University) 5.000% 7/1/18 (Prere.) 2,000 2,095
New York State Dormitory Authority Revenue (New York University) 6.000% 7/1/19 (14) 1,700 1,881
New York State Dormitory Authority Revenue (New York University) 5.000% 7/1/26 4,000 4,960
New York State Dormitory Authority Revenue (New York University) 5.000% 7/1/34 15,000 17,482
New York State Dormitory Authority Revenue (New York University) 5.000% 7/1/35 17,500 20,303
New York State Dormitory Authority Revenue (New York University) 5.000% 7/1/36 9,000 10,387
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/18 (Prere.) 5,790 6,000
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 12/15/18 36,270 38,625
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/19 12,145 13,003
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/19 3,075 3,302
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 12/15/19 15,000 16,503
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/20 (Prere.) 20 22
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/20 37,000 40,934
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/20 (Prere.) 30 33
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 12/15/20 8,000 9,066
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/21 36,430 41,484
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/21 12,030 13,306
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/22 (Prere.) 920 1,070
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/22 (Prere.) 3,835 4,460
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/22 (Prere.) 1,340 1,558
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/22 33,415 38,899
New York State Dormitory Authority Revenue (Personal Income Tax) 5.500% 3/15/22 (2) 7,000 8,343
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/23 8,500 10,091
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/24 4,695 5,418
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/24 35,885 43,185
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/25 20,000 24,354
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/26 19,540 22,510
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/26 30,480 36,660
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/26 10,000 11,828
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/26 41,265 50,608
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/26 17,630 19,970
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/26 2,585 2,928
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 12/15/26 10,300 12,055
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/27 20,000 23,852
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/27 10,035 11,898
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/27 15,000 17,911
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/27 30,650 34,706
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/28 11,580 13,728
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/28 25,000 28,227
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/28 2,875 3,080
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/28 20,000 21,428
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/29 10,000 11,725
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/29 25,000 28,177
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/30 10,000 11,654
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/30 1,000 1,097
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/30 18,905 21,563

 

187

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/30 32,000 36,028
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/30 20,740 24,207
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/31 17,240 19,573
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/32 7,500 8,491
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/33 1,070 1,208
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/33 10,135 11,466
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/34 36,795 42,250
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/35 17,050 19,738
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/36 5,440 6,288
New York State Dormitory Authority Revenue (Rockefeller University) VRDO 0.890% 5/5/17 10,700 10,700
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/19 3,475 3,795
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/19 10,000 10,920
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/19 (12) 2,500 2,736
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/20 10,000 11,235
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/21 750 860
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/21 (4) 1,250 1,439
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/22 7,000 7,825
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/22 500 587
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/22 16,355 18,801
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/23 1,250 1,460
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/23 19,435 22,386
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/23 (4) 1,000 1,174
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/24 1,000 1,159
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/24 6,290 7,254
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/24 (4) 1,500 1,749
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/25 1,000 1,148
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/25 7,595 8,708
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/25 (4) 1,000 1,152
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/26 750 856
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/26 (4) 1,500 1,778
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/26 4,500 5,056
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/27 500 568
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/27 (4) 400 455
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/28 425 481
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/28 (4) 200 226
New York State Dormitory Authority Revenue (School Districts Financing Program) 5.000% 10/1/29 500 563
New York State Dormitory Authority Revenue (Service Contract) 5.000% 7/1/18 11,570 12,109
New York State Dormitory Authority Revenue (Service Contract) 5.000% 7/1/20 6,815 7,405
New York State Dormitory Authority Revenue (Service Contract) 5.000% 7/1/21 17,750 19,278
New York State Dormitory Authority Revenue (Service Contract) 5.000% 7/1/22 3,050 3,311
New York State Dormitory Authority Revenue (State University Dormitory Facilities) 5.000% 7/1/28 1,750 2,136
New York State Dormitory Authority Revenue (State University Dormitory Facilities) 5.000% 7/1/29 1,500 1,810
New York State Dormitory Authority Revenue (State University Educational Facilities) 5.000% 5/15/19 3,000 3,238
New York State Dormitory Authority Revenue (State University Educational Facilities) 5.000% 5/15/22 9,200 10,716
New York State Dormitory Authority Revenue (State University Educational Facilities) 5.000% 5/15/28 10,865 12,568
New York State Dormitory Authority Revenue (State University Educational Facilities) 5.000% 5/15/29 3,000 3,467
New York State Dormitory Authority Revenue (State University Educational Facilities) 5.000% 5/15/30 1,000 1,138
New York State Dormitory Authority Revenue (The New School) 5.000% 7/1/26 1,000 1,210
New York State Dormitory Authority Revenue (The New School) 5.000% 7/1/27 2,500 3,019
New York State Dormitory Authority Revenue (The New School) 5.000% 7/1/35 3,000 3,414
New York State Dormitory Authority Revenue (The New School) 5.000% 7/1/36 2,000 2,264
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/18 4,465 4,627
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/19 4,800 5,160
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/20 15,275 16,969
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/21 16,000 18,273
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/22 19,505 22,800
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/22 43,155 50,445
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/23 2,650 3,159
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/24 20,500 24,806
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/25 35,000 42,677
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/33 6,000 7,066
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/34 27,610 32,029
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/34 17,625 20,645
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/35 32,000 36,967
New York State Energy Research & Development Authority Pollution Control Revenue        
(Consolidated Edison Co. of New York Inc. Project) 1.610% 5/1/32 (10) 21,375 19,451
New York State Energy Research & Development Authority Pollution Control Revenue        
(Consolidated Edison Co. of New York Inc. Project) 1.610% 5/1/32 (10) 3,050 2,776
New York State Energy Research & Development Authority Pollution Control Revenue        
(Consolidated Edison Co. of New York Inc. Project) 1.610% 5/1/32 (10) 12,025 10,943

 

188

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York State Energy Research & Development Authority Pollution Control Revenue        
(Niagara Mohawk Corp.) 2.488% 7/1/29 (10) 1,590 1,532
New York State Energy Research & Development Authority Pollution Control Revenue        
(Niagara Mohawk Corp.) 2.478% 12/1/25 (2) 7,900 7,614
New York State Energy Research & Development Authority Pollution Control Revenue        
(Niagara Mohawk Corp.) 2.457% 3/1/27 (2) 1,320 1,272
New York State Environmental Facilities Corp. Revenue (Personal Income Tax) 5.250% 12/15/18 (Prere.) 7,170 7,670
New York State Environmental Facilities Corp. Revenue (Personal Income Tax) 5.250% 12/15/18 (Prere.) 15,795 16,895
New York State Environmental Facilities Corp. Revenue (Personal Income Tax) 5.250% 12/15/24 70 75
New York State Environmental Facilities Corp. Revenue (Personal Income Tax) 5.250% 12/15/25 155 166
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/19 4,000 4,337
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/21 4,370 5,023
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/23 2,250 2,698
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/27 10,000 11,408
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/27 5,000 5,921
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/28 11,460 13,059
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/29 17,830 20,294
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/30 26,230 29,779
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/31 3,670 4,160
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/32 5,000 6,018
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/33 15,655 18,720
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/33 12,515 14,786
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/34 8,000 9,512
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/35 9,500 11,222
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/36 9,500 11,185
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/37 4,745 5,560
New York State Environmental Facilities Corp. Revenue (State Revolving Funds) 5.000% 5/15/21 (Prere.) 5 6
New York State Environmental Facilities Corp. Revenue (State Revolving Funds) 5.000% 5/15/21 (Prere.) 5 6
New York State Environmental Facilities Corp. Revenue (State Revolving Funds) 5.000% 5/15/21 (Prere.) 10 11
New York State Environmental Facilities Corp. Revenue (State Revolving Funds) 5.000% 5/15/21 (Prere.) 5 6
New York State Environmental Facilities Corp. Revenue (State Revolving Funds) 5.000% 5/15/21 (Prere.) 5 6
New York State Environmental Facilities Corp. Revenue (State Revolving Funds) 5.000% 5/15/21 (Prere.) 5 6
New York State Environmental Facilities Corp. Revenue (State Revolving Funds) 5.000% 5/15/21 (Prere.) 5 6
New York State Environmental Facilities Corp. Revenue (State Revolving Funds) 5.000% 11/15/23 3,785 4,317
New York State Environmental Facilities Corp. Revenue (State Revolving Funds) 5.000% 11/15/24 3,470 3,955
New York State Environmental Facilities Corp. Revenue (State Revolving Funds) 5.000% 11/15/25 6,030 6,868
New York State Environmental Facilities Corp. Revenue (State Revolving Funds) 5.000% 11/15/27 3,345 3,808
New York State Environmental Facilities Corp. Revenue (State Revolving Funds) 5.000% 11/15/28 6,150 6,992
New York State Environmental Facilities Corp. Revenue (State Revolving Funds) 5.000% 11/15/29 5,315 6,038
New York State Environmental Facilities Corp. Revenue (State Revolving Funds) 5.000% 11/15/30 1,835 2,079
New York State GO 4.500% 2/1/18 24,735 25,425
New York State GO 4.500% 2/1/19 10,670 11,333
New York State GO 5.000% 2/1/30 3,000 3,305
New York State GO 5.000% 2/15/30 20,000 22,581
New York State Housing Finance Agency Housing Revenue (855 6th Avenue) VRDO 0.920% 5/5/17 LOC 28,750 28,750
New York State Housing Finance Agency Housing Revenue (Dock Street Rental LLC) VRDO 0.900% 5/5/17 LOC 12,550 12,550
New York State Housing Finance Agency Revenue (Service Contract) VRDO 0.910% 5/5/17 LOC 9,160 9,160
New York State Local Government Assistance Corp. Revenue 5.000% 4/1/19 6,640 7,144
New York State Thruway Authority Revenue 5.000% 5/1/19 12,270 13,204
New York State Thruway Authority Revenue 5.000% 1/1/29 21,195 23,968
New York State Thruway Authority Revenue 5.000% 1/1/31 7,000 7,866
New York State Thruway Authority Revenue 5.000% 1/1/34 4,000 4,561
New York State Thruway Authority Revenue 5.000% 1/1/35 3,000 3,406
New York State Thruway Authority Revenue 5.000% 1/1/36 4,000 4,529
New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) 5.000% 10/1/17 (Prere.) 11,395 11,597

 

189

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) 5.000% 4/1/18 13,260 13,764
New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) 5.000% 10/1/18 (Prere.) 4,745 5,011
New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) 5.000% 4/1/20 9,890 10,869
New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) 5.000% 4/1/20 5,655 5,983
New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) 5.000% 4/1/25 3,000 3,230
New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) 5.000% 4/1/27 21,600 24,370
New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) 5.000% 4/1/27 7,000 7,528
New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) 5.000% 4/1/28 13,505 15,226
New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) 5.000% 4/1/30 27,175 30,366
New York State Thruway Authority Revenue (Personal Income Tax) 5.250% 9/15/17 (Prere.) 7,115 7,234
New York State Thruway Authority Revenue (Personal Income Tax) 5.000% 9/15/18 (Prere.) 19,395 20,484
New York State Thruway Authority Revenue (Personal Income Tax) 5.000% 3/15/29 7,000 7,497
New York State Thruway Authority Revenue (Second Generation Highway & Bridge Trust Fund) 5.000% 4/1/22 22,710 25,145
New York State Urban Development Corp. Revenue 5.000% 12/15/18 (Prere.) 2,615 2,786
New York State Urban Development Corp. Revenue 5.000% 12/15/18 (Prere.) 2,000 2,131
New York State Urban Development Corp. Revenue 5.250% 1/1/22 7,500 7,876
New York State Urban Development Corp. Revenue 5.000% 1/1/26 7,910 8,279
New York State Urban Development Corp. Revenue 5.000% 3/15/35 38,890 45,316
New York State Urban Development Corp. Revenue 5.000% 3/15/36 44,080 51,160
New York State Urban Development Corp. Revenue 5.000% 3/15/37 46,400 53,681
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 12/15/17 (Prere.) 4,955 5,085
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/18 1,775 1,840
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 12/15/18 20,000 21,299
New York State Urban Development Corp. Revenue (Personal Income Tax) 4.375% 3/15/19 (Prere.) 7,895 8,386
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/19 (Prere.) 6,085 6,537
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/19 4,185 4,494
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 12/15/19 40,760 44,843
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/20 10,000 11,091
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 12/15/20 36,240 39,920
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.500% 3/15/21 (14) 10,000 11,618
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 12/15/21 18,310 20,149
New York State Urban Development Corp. Revenue (Personal Income Tax) 4.375% 3/15/22 1,125 1,190
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/22 18,695 21,786
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.500% 3/15/22 (14) 21,000 25,030
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/23 11,150 13,238
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/24 35,500 42,778
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/25 52,210 62,304
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/26 18,425 20,893
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/26 18,425 22,407
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/26 40,000 47,859
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/28 865 927
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/30 14,910 16,787
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/31 16,000 18,458
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/31 30,000 35,266
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/31 28,030 32,336
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/31 10,000 11,251
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/33 30,890 35,397
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/33 28,000 32,085
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/34 30,000 34,560
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/35 21,620 24,785
New York State Urban Development Corp. Revenue (Service Contract) 5.000% 1/1/19 3,625 3,864
New York State Urban Development Corp. Revenue (Service Contract) 5.000% 1/1/20 8,165 8,979
New York State Urban Development Corp. Revenue (Service Contract) 5.000% 1/1/21 11,345 12,495
New York State Urban Development Corp. Revenue (Service Contract) 5.000% 1/1/22 5,120 5,636
New York State Urban Development Corp. Revenue (Service Contract) 5.250% 1/1/25 15,000 15,747
Niagara NY Area Development Corp. Revenue (Niagara University Project) 5.000% 5/1/17 250 250
Niagara NY Area Development Corp. Revenue (Niagara University Project) 5.000% 5/1/18 280 289
Niagara NY Area Development Corp. Revenue (Niagara University Project) 5.000% 5/1/19 350 371
Port Authority of New York & New Jersey Revenue 5.000% 9/1/27 1,250 1,493
Port Authority of New York & New Jersey Revenue 5.250% 7/15/30 18,635 21,061
Port Authority of New York & New Jersey Revenue 5.000% 10/15/31 27,175 31,943
Port Authority of New York & New Jersey Revenue 5.000% 9/1/33 1,000 1,159
Port Authority of New York & New Jersey Revenue 5.000% 10/15/35 7,000 8,051
Port Authority of New York & New Jersey Special Obligation Revenue        
(John F. Kennedy International Air Terminal LLC) 6.500% 12/1/28 25,000 25,420
Suffolk County NY GO 5.000% 5/15/21 (4) 9,280 10,462
Syracuse NY Industrial Development Agency Civic Facility Revenue        
(Syracuse University Project) VRDO 1.394% 12/1/29 (2) 4,375 3,938
Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/22 1,645 1,650
Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/25 12,000 13,865
Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/25 4,500 4,987

 

190

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/26 6,050 7,017
Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/27 5,500 6,393
Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/28 7,000 8,069
Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/29 7,500 8,578
Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/31 10,000 11,311
Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/32 8,445 9,511
Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/33 5,000 5,625
Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/35 5,000 5,521
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/18 (Prere.) 4,575 4,860
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/18 (Prere.) 15,405 16,365
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/23 11,000 13,237
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/25 9,570 10,150
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 1/1/26 15,000 17,281
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 1/1/28 15,000 17,237
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/30 2,840 3,009
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/30 8,185 9,906
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/31 10,000 11,992
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/32 4,250 5,060
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/33 14,900 17,491
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/33 3,000 3,543
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/33 5,210 6,153
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/34 8,350 9,751
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/35 2,045 2,360
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/35 3,460 3,992
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/35 6,065 7,051
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/35 2,500 2,921
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/35 11,000 12,854
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/36 8,215 9,452
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/36 13,245 15,428
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/37 2,500 2,898
United Nations Development Corp. New York Revenue 5.000% 7/1/21 7,200 7,797
Utility Debt Securitization Authority New York Revenue 5.000% 12/15/29 33,000 38,853
Utility Debt Securitization Authority New York Revenue 5.000% 12/15/31 5,140 6,013
Utility Debt Securitization Authority New York Revenue 5.000% 12/15/32 20,825 24,542
Utility Debt Securitization Authority New York Revenue 5.000% 12/15/33 24,860 29,569
Utility Debt Securitization Authority New York Revenue 5.000% 12/15/34 38,500 44,921
Utility Debt Securitization Authority New York Revenue 5.000% 12/15/34 15,000 17,788
Utility Debt Securitization Authority New York Revenue 5.000% 12/15/35 50,905 59,140
Utility Debt Securitization Authority New York Revenue 5.000% 12/15/36 30,000 34,754
Westchester County NY GO 5.000% 7/1/21 (ETM) 240 276
Westchester County NY GO 5.000% 7/1/21 11,740 13,520
Westchester County NY GO 5.000% 7/1/21 (ETM) 335 385
Westchester County NY Health Care Corp. Revenue 6.000% 11/1/20 (Prere.) 870 1,011
Westchester County NY Health Care Corp. Revenue 5.000% 11/1/30 1,935 2,098
Westchester County NY Health Care Corp. Revenue 6.000% 11/1/30 130 144
Westchester County NY Local Development Corp. Revenue (Westchester Medical Center) 5.000% 11/1/31 2,600 2,855
Westchester County NY Local Development Corp. Revenue (Westchester Medical Center) 5.000% 11/1/32 2,375 2,595
Westchester County NY Local Development Corp. Revenue (Westchester Medical Center) 5.000% 11/1/33 2,965 3,228
Westchester NY Tobacco Asset Securitization Revenue 5.000% 6/1/25 1,505 1,740
Westchester NY Tobacco Asset Securitization Revenue 5.000% 6/1/27 4,405 5,069
Westchester NY Tobacco Asset Securitization Revenue 5.000% 6/1/28 3,000 3,422
Westchester NY Tobacco Asset Securitization Revenue 5.000% 6/1/29 4,490 5,060
Westchester NY Tobacco Asset Securitization Revenue 5.000% 6/1/30 4,645 5,180
Westchester NY Tobacco Asset Securitization Revenue 5.000% 6/1/31 2,740 3,039
Westchester NY Tobacco Asset Securitization Revenue 5.000% 6/1/32 2,160 2,384
Westchester NY Tobacco Asset Securitization Revenue 5.000% 6/1/34 2,525 2,760
Westchester NY Tobacco Asset Securitization Revenue 5.000% 6/1/35 3,685 4,012
        8,246,057
North Carolina (1.1%)        
Buncombe County NC Limited Obligation Revenue 5.000% 6/1/19 2,515 2,720
Buncombe County NC Limited Obligation Revenue 5.000% 6/1/20 5,280 5,882
Cabarrus County NC Installment Financing Contract Revenue 4.000% 4/1/18 650 668
Cabarrus County NC Installment Financing Contract Revenue 5.000% 4/1/19 500 538
Cabarrus County NC Installment Financing Contract Revenue 5.000% 4/1/20 1,810 2,008
Cabarrus County NC Installment Financing Contract Revenue 5.000% 4/1/21 1,310 1,493
Cape Fear NC Public Utility Authority Water & Sewer System Revenue 5.000% 8/1/18 2,400 2,523
Cape Fear NC Public Utility Authority Water & Sewer System Revenue 5.000% 8/1/20 3,350 3,757
Charlotte NC GO 5.000% 8/1/18 4,270 4,489
Charlotte NC GO 5.000% 12/1/19 7,780 8,562
Charlotte NC GO 5.000% 7/1/22 3,280 3,853
Charlotte NC GO 5.000% 7/1/23 3,355 3,909

 

191

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Durham Capital Financing Corp. North Carolina Limited Obligation Revenue 5.000% 6/1/33 3,210 3,673
Durham County NC GO 5.000% 10/1/22 5,020 5,925
Durham County NC GO 5.000% 10/1/23 5,105 6,137
Durham County NC GO 5.000% 10/1/28 1,945 2,390
Greensboro NC GO 5.000% 2/1/23 2,420 2,878
Guilford County NC GO 5.000% 2/1/21 5,000 5,692
Guilford County NC GO 5.000% 3/1/22 3,220 3,759
Mecklenburg County NC COP 4.750% 2/1/19 (Prere.) 2,500 2,663
Mecklenburg County NC COP 5.000% 2/1/19 (Prere.) 3,390 3,626
Mecklenburg County NC COP 5.000% 2/1/19 (Prere.) 1,200 1,283
Mecklenburg County NC COP 5.000% 2/1/19 (Prere.) 1,000 1,070
Mecklenburg County NC GO 5.000% 3/1/19 (Prere.) 3,715 3,982
Mecklenburg County NC GO 5.000% 2/1/21 1,120 1,275
New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) 5.000% 10/1/27 (4) 9,900 10,646
North Carolina Capital Facilities Financial Solid Waste Disposal Revenue (Duke Energy) 4.375% 10/1/31 4,250 4,522
North Carolina Capital Improvement Revenue 5.000% 5/1/19 15,500 16,725
North Carolina Capital Improvement Revenue 5.000% 5/1/20 15,385 17,124
North Carolina Capital Improvement Revenue 5.000% 5/1/21 13,495 15,422
North Carolina Capital Improvement Revenue 5.000% 5/1/27 30,510 33,728
North Carolina Capital Improvement Revenue 5.000% 5/1/29 28,585 31,520
North Carolina Eastern Municipal Power Agency Power Systems Revenue 5.000% 1/1/19 (Prere.) 22,510 24,002
North Carolina Eastern Municipal Power Agency Power Systems Revenue 5.500% 1/1/19 (Prere.) 3,000 3,224
North Carolina GAN 5.000% 3/1/21 2,060 2,329
North Carolina GAN 5.000% 3/1/24 13,000 15,446
North Carolina GAN 5.000% 3/1/25 19,100 22,847
North Carolina GAN 5.000% 3/1/27 5,955 6,984
North Carolina GAN 5.000% 3/1/29 15,000 17,295
North Carolina GAN PUT 4.000% 3/1/18 11,000 11,108
North Carolina GO 5.000% 5/1/18 11,900 12,392
North Carolina GO 5.000% 6/1/19 5,000 5,415
North Carolina GO 5.000% 6/1/19 14,515 15,719
North Carolina GO 5.000% 6/1/21 5,515 6,333
North Carolina GO 4.000% 5/1/23 39,470 44,748
North Carolina Medical Care Commission Health Care Facilities Revenue        
(Cape Fear Valley Health System) 5.000% 10/1/21 8,610 9,775
North Carolina Medical Care Commission Health Care Facilities Revenue        
(Cape Fear Valley Health System) 5.000% 10/1/22 9,155 10,573
North Carolina Medical Care Commission Health Care Facilities Revenue        
(Novant Health Obligated Group) 5.000% 11/1/30 2,435 2,637
North Carolina Medical Care Commission Health Care Facilities Revenue (Vidant Health) 5.000% 6/1/28 1,250 1,440
North Carolina Medical Care Commission Health Care Facilities Revenue (Vidant Health) 5.000% 6/1/29 2,000 2,287
North Carolina Medical Care Commission Health Care Facilities Revenue (WakeMed) 5.000% 10/1/27 4,000 4,519
North Carolina Medical Care Commission Health Care Facilities Revenue (WakeMed) 5.000% 10/1/31 12,500 13,888
2 North Carolina Medical Care Commission Health System Revenue (Mission Health System Inc.) 5.000% 10/1/28 1,050 1,264
2 North Carolina Medical Care Commission Health System Revenue (Mission Health System Inc.) 5.000% 10/1/29 1,000 1,193
2 North Carolina Medical Care Commission Health System Revenue (Mission Health System Inc.) 5.000% 10/1/31 1,000 1,176
2 North Carolina Medical Care Commission Health System Revenue (Mission Health System Inc.) 5.000% 10/1/32 1,800 2,102
North Carolina Medical Care Commission Hospital Revenue (North Carolina Baptist Hospital) 5.000% 6/1/20 1,375 1,522
North Carolina Medical Care Commission Hospital Revenue (North Carolina Baptist Hospital) 5.000% 6/1/21 5,000 5,519
North Carolina Medical Care Commission Hospital Revenue (North Carolina Baptist Hospital) 5.000% 6/1/22 5,000 5,500
North Carolina Medical Care Commission Hospital Revenue        
(Southeastern Regional Medical Center) 5.000% 6/1/23 1,825 2,065
North Carolina Medical Care Commission Hospital Revenue        
(Southeastern Regional Medical Center) 5.000% 6/1/25 1,035 1,153
North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) 5.250% 1/1/18 (ETM) 5,000 5,150
North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) 5.250% 1/1/18 (Prere.) 3,085 3,176
North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) 5.250% 1/1/18 (Prere.) 2,000 2,059
North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) 5.000% 1/1/19 (Prere.) 3,205 3,415
North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) 5.000% 1/1/30 1,295 1,371
North Carolina Revenue 5.000% 11/1/19 5,000 5,484
North Carolina State University at Raleigh General Revenue 5.000% 10/1/25 2,655 3,162
North Carolina Turnpike Authority Revenue 5.000% 1/1/25 1,785 2,084
North Carolina Turnpike Authority Revenue 5.000% 1/1/26 (4) 1,750 2,080
North Carolina Turnpike Authority Revenue 5.000% 1/1/28 (4) 2,250 2,673
North Carolina Turnpike Authority Revenue 5.000% 1/1/29 (4) 2,600 3,067
Raleigh NC GO 5.000% 2/1/20 1,380 1,526
University of North Carolina University System Revenue 5.250% 10/1/19 (Prere.) 1,590 1,747
University of North Carolina University System Revenue 5.250% 10/1/19 (Prere.) 1,720 1,890
Wake County NC GO 5.000% 3/1/18 3,455 3,575
Wake County NC GO 5.000% 3/1/19 4,500 4,831

 

192

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Wake County NC GO 5.000% 2/1/20 7,500 8,294
Wake County NC GO 5.000% 3/1/20 9,340 10,355
Wake County NC GO 5.000% 3/1/21 5,125 5,847
Wake County NC GO 5.000% 3/1/22 18,150 21,186
Wake County NC GO 5.000% 3/1/23 18,730 22,313
Wake County NC Limited Obligation Revenue 5.000% 6/1/19 (Prere.) 3,000 3,245
Wake County NC Limited Obligation Revenue 5.000% 12/1/20 6,380 7,216
Wake County NC Public Improvement GO 5.000% 9/1/21 2,400 2,773
        597,416
North Dakota (0.0%)        
Burleigh County ND Health Care Revenue (St. Alexis Medical Center Project) 5.000% 7/1/21 (Prere.) 1,500 1,715
Burleigh County ND Health Care Revenue (St. Alexis Medical Center Project) 5.000% 7/1/21 (Prere.) 1,000 1,144
Burleigh County ND Health Care Revenue (St. Alexis Medical Center Project) 5.000% 7/1/21 (Prere.) 1,300 1,486
        4,345
Ohio (2.2%)        
Akron OH Bath & Copley Joint Township Hospital District Revenue        
(Children’s Hospital Medical Center of Akron) 5.000% 11/15/32 7,500 8,190
Akron OH Bath & Copley Joint Township Hospital District Revenue        
(Summa Health System Obligated Group) 5.250% 11/15/27 1,000 1,162
Akron OH Bath & Copley Joint Township Hospital District Revenue        
(Summa Health System Obligated Group) 5.250% 11/15/28 1,210 1,396
Akron OH Bath & Copley Joint Township Hospital District Revenue        
(Summa Health System Obligated Group) 5.250% 11/15/29 1,315 1,506
Akron OH Bath & Copley Joint Township Hospital District Revenue        
(Summa Health System Obligated Group) 5.250% 11/15/31 1,000 1,134
Akron OH Bath & Copley Joint Township Hospital District Revenue        
(Summa Health System Obligated Group) 5.250% 11/15/34 3,540 3,957
Akron OH Income Tax Revenue (Community Learning Centers) 5.000% 12/1/27 5,830 6,762
Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) 5.000% 9/1/17 14,645 14,837
Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) 5.250% 9/1/27 30,000 33,180
3 Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) TOB VRDO 0.990% 5/5/17 7,460 7,460
Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) VRDO 0.900% 5/1/17 LOC 15,900 15,900
American Municipal Power Ohio Inc. Revenue 5.250% 2/15/18 (Prere.) 1,500 1,552
American Municipal Power Ohio Inc. Revenue 5.000% 2/15/24 11,430 12,496
American Municipal Power Ohio Inc. Revenue 5.000% 2/15/25 10,000 10,924
American Municipal Power Ohio Inc. Revenue 5.250% 2/15/28 1,035 1,067
American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) 5.000% 2/15/23 2,375 2,726
American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) 5.250% 2/15/29 6,120 6,924
American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) 5.000% 2/15/31 9,145 10,168
American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) 5.000% 2/15/32 13,480 14,943
American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) 5.250% 2/15/18 16,000 16,538
American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) 5.250% 2/15/19 13,050 13,998
American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) 5.000% 2/15/20 10,310 11,339
American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) 4.000% 2/15/30 1,825 1,927
American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) 4.000% 2/15/31 1,565 1,643
American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) 4.000% 2/15/32 1,850 1,928
American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) 5.250% 2/15/18 (Prere.) 2,100 2,173
American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) 5.000% 2/15/19 (Prere.) 5,000 5,354
American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) PUT 5.000% 8/15/19 7,000 7,466
Cincinnati OH City School District GO 5.250% 12/1/20 (14) 7,000 7,951
Cincinnati OH City School District GO 5.250% 6/1/21 3,810 4,250
Cincinnati OH City School District GO 5.250% 12/1/21 (14) 5,710 6,645
Cincinnati OH City School District GO 5.250% 6/1/22 3,180 3,542
Cincinnati OH City School District GO 5.250% 12/1/22 (14) 10,000 11,858
Cleveland OH Airport System Revenue 5.000% 1/1/23 (4) 1,510 1,736
Cleveland OH Airport System Revenue 5.000% 1/1/24 (4) 1,075 1,251
Cleveland OH GO 5.000% 12/1/18 1,000 1,062
Cleveland OH GO 5.000% 12/1/19 1,780 1,953
Cleveland OH Income Tax Revenue 5.000% 10/1/28 5,005 5,846
Cleveland OH Income Tax Revenue 5.000% 10/1/29 4,800 5,582
Cleveland OH Income Tax Revenue 5.000% 10/1/30 10,020 11,601
Cleveland OH Municipal School District GO 5.000% 12/1/26 1,660 1,909
Cleveland OH Municipal School District GO 5.000% 12/1/27 1,000 1,144
Cleveland OH Water Revenue 5.000% 1/1/23 2,400 2,767
Cleveland OH Water Revenue 5.000% 1/1/25 2,500 2,869
Cleveland OH Water Revenue 5.000% 1/1/26 2,250 2,575
Cleveland State University Ohio General Receipts Revenue 5.000% 6/1/29 5,000 5,593
Cleveland State University Ohio General Receipts Revenue 5.000% 6/1/30 5,225 5,840
Cleveland State University Ohio General Receipts Revenue 5.000% 6/1/31 8,640 9,658
Cleveland State University Ohio General Receipts Revenue 5.000% 6/1/32 9,060 10,073

 

193

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Cleveland-Cuyahoga County OH Port Authority Revenue        
(Euclid Avenue Development Corp. Project) 5.000% 8/1/31 3,175 3,549
Cleveland-Cuyahoga County OH Port Authority Revenue        
(Euclid Avenue Development Corp. Project) 5.000% 8/1/32 3,340 3,717
Columbus OH City School District GO 4.000% 12/1/17 1,000 1,018
Columbus OH City School District GO 0.000% 12/1/27 (4) 14,060 10,274
Columbus OH City School District GO 0.000% 12/1/29 (4) 11,170 7,504
Columbus OH City School District School Facilities Construction & Improvement GO 4.000% 12/1/19 2,000 2,112
Columbus OH GO 5.000% 2/15/21 7,190 8,187
Columbus OH GO 5.000% 2/15/22 3,000 3,488
Columbus OH GO 5.000% 7/1/24 5,655 6,859
Columbus OH GO 5.000% 8/15/24 10,295 12,511
Columbus OH GO 5.000% 7/1/26 19,795 24,507
Columbus OH Metropolitan Library Special Obligation Revenue 5.000% 12/1/20 (Prere.) 1,325 1,498
Columbus OH Sewer Revenue 5.000% 6/1/29 12,000 14,373
Columbus OH Sewer Revenue 5.000% 6/1/30 10,250 12,194
Columbus OH Sewer Revenue 5.000% 6/1/32 3,400 4,003
Cuyahoga County OH Economic Development Revenue (Med Mart/Convention Center Project) 5.000% 12/1/20 7,000 7,855
Cuyahoga County OH Economic Development Revenue (Med Mart/Convention Center Project) 5.000% 12/1/21 7,300 8,217
Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) 5.000% 12/1/26 1,500 1,740
Cuyahoga County OH GO 5.000% 12/1/19 2,120 2,331
Cuyahoga County OH Sales Tax Revenue 5.000% 12/1/26 1,500 1,795
Cuyahoga County OH Sales Tax Revenue 5.000% 12/1/28 2,000 2,360
Cuyahoga County OH Sales Tax Revenue 5.000% 12/1/29 3,715 4,352
Cuyahoga OH Community College District Revenue 5.000% 2/1/20 (Prere.) 2,500 2,758
Cuyahoga OH Community College District Revenue 5.000% 2/1/20 (Prere.) 3,470 3,828
Cuyahoga OH Community College District Revenue 5.000% 2/1/20 (Prere.) 6,610 7,292
Dayton OH City School District GO 5.000% 11/1/21 9,210 10,559
Dayton OH City School District GO 5.000% 11/1/22 5,500 6,399
Fairfield County OH Hospital Facilities Revenue (Fairfield Medical Center) 5.125% 6/15/33 11,000 11,777
Franklin County OH Convention Facilities Authority Revenue 5.000% 12/1/20 6,000 6,746
Franklin County OH Convention Facilities Authority Revenue 5.000% 12/1/28 7,000 8,259
Franklin County OH Convention Facilities Authority Revenue 5.000% 12/1/29 5,000 5,858
Franklin County OH Convention Facilities Authority Revenue 5.000% 12/1/30 8,640 10,086
Franklin County OH Convention Facilities Authority Revenue 5.000% 12/1/31 10,000 11,606
Franklin County OH Convention Facilities Authority Revenue 5.000% 12/1/32 10,000 11,547
Franklin County OH Convention Facilities Authority Revenue 5.000% 12/1/33 10,000 11,495
3 Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) TOB VRDO 0.940% 5/5/17 4,500 4,500
Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) VRDO 0.890% 5/5/17 6,830 6,830
Hamilton County OH Healthcare Revenue (Life Enriching Communities) 5.000% 1/1/25 1,125 1,253
Hamilton County OH Healthcare Revenue (Life Enriching Communities) 5.000% 1/1/26 700 776
Hamilton County OH Healthcare Revenue (Life Enriching Communities) 5.000% 1/1/31 1,500 1,598
Hamilton County OH Hospital Facilities Revenue (TriHealth Obligated Group) 5.000% 8/15/33 8,115 9,220
Hamilton County OH Hospital Facilities Revenue (TriHealth Obligated Group) 5.000% 8/15/34 11,540 13,057
Hamilton County OH Hospital Facilities Revenue (TriHealth Obligated Group) 5.000% 8/15/35 13,965 15,724
Hamilton County OH Hospital Facilities Revenue (TriHealth Obligated Group) 5.000% 8/15/36 12,955 14,539
Hamilton County OH Sales Tax Revenue 5.000% 12/1/23 3,250 3,876
Hamilton County OH Sales Tax Revenue 5.000% 12/1/24 3,300 3,979
Hamilton County OH Sales Tax Revenue 4.000% 12/1/31 1,500 1,606
Huber Heights OH City School District GO 4.750% 12/1/19 (Prere.) 890 972
Huber Heights OH City School District GO 4.875% 12/1/19 (Prere.) 150 164
Huber Heights OH City School District GO 5.000% 12/1/19 (Prere.) 1,000 1,098
Huber Heights OH City School District GO 5.000% 12/1/19 (Prere.) 1,000 1,098
Kent State University Ohio Revenue 5.000% 5/1/29 1,000 1,140
Kent State University Ohio Revenue 5.000% 5/1/30 1,750 1,980
Kent State University Ohio Revenue 5.000% 5/1/31 4,000 4,525
Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) 5.000% 8/15/25 2,675 3,149
Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) 5.000% 8/15/26 1,170 1,366
Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) 5.000% 8/15/28 2,255 2,588
Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) 5.000% 8/15/29 1,745 1,983
Lorain County OH Hospital Facilities Revenue (Catholic Healthcare Partners) 5.000% 4/1/18 (4) 7,300 7,546
Lorain County OH Hospital Facilities Revenue (Catholic Healthcare Partners) 5.000% 4/1/18 (4) 7,300 7,546
Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) 5.000% 11/15/26 11,920 13,379
Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) 5.750% 11/15/31 6,000 6,894
Miami University of Ohio General Receipts Revenue 5.000% 9/1/31 2,000 2,254
Middletown OH Hospital Facilities Revenue (Atrium Medical Center) VRDO 0.900% 5/5/17 LOC 1,750 1,750
Montgomery County OH Revenue (Miami Valley Hospital) VRDO 0.880% 5/1/17 LOC 12,600 12,600
Ohio Building Authority Revenue (Administration Building Fund) 5.000% 4/1/19 (Prere.) 1,975 2,123
Ohio Building Authority Revenue (Administration Building Fund) 5.000% 10/1/19 5,000 5,468
Ohio Building Authority Revenue (Adult Correctional Building) 5.125% 4/1/30 1,475 1,655

 

194

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Ohio Capital Facilities Lease-Appropriation Revenue        
(Mental Health Facilities Improvement Fund Projects) 5.000% 2/1/23 2,075 2,440
Ohio Common Schools GO 5.000% 9/15/19 9,655 10,547
Ohio Common Schools GO 5.000% 6/15/20 7,730 8,649
Ohio GO 5.000% 9/15/19 9,025 9,859
Ohio GO 5.000% 4/1/21 4,440 5,040
Ohio GO 5.000% 9/15/24 12,500 15,219
Ohio GO 5.000% 3/15/36 5,000 5,701
Ohio Higher Educational Facility Commission Revenue        
(Cleveland Clinic Health System Obligated Group) 5.000% 1/1/29 4,500 5,130
Ohio Higher Educational Facility Commission Revenue (Denison University Project) 5.000% 11/1/17 (Prere.) 980 1,001
Ohio Higher Educational Facility Commission Revenue (Denison University Project) 5.000% 11/1/17 (Prere.) 1,880 1,920
Ohio Higher Educational Facility Commission Revenue (Denison University Project) 5.000% 11/1/26 3,020 3,081
Ohio Higher Educational Facility Commission Revenue (Oberlin College Project) 5.000% 10/1/19 (ETM) 7,305 7,980
Ohio Higher Educational Facility Commission Revenue (Oberlin College Project) 5.000% 10/1/19 16,710 18,227
Ohio Highway Capital Improvements GO 5.000% 5/1/19 5,000 5,402
Ohio Highway Capital Improvements GO 5.000% 5/1/27 10,220 11,877
Ohio Hospital Revenue (Cleveland Clinic Health System Obligated Group) 5.000% 1/1/27 9,330 9,860
Ohio Hospital Revenue (Cleveland Clinic Health System Obligated Group) 5.125% 1/1/28 11,670 12,349
Ohio Housing Finance Agency Residential Mortgage Revenue 6.125% 9/1/28 1,100 1,141
Ohio Major New State Infrastructure Project Revenue 5.500% 6/15/18 (Prere.) 4,000 4,207
Ohio Major New State Infrastructure Project Revenue 5.000% 12/15/22 5,235 6,170
Ohio Major New State Infrastructure Project Revenue 5.000% 12/15/23 3,250 3,764
Ohio Major New State Infrastructure Project Revenue 5.000% 12/15/23 4,000 4,782
Ohio Parks & Recreation Capital Facilities Revenue 5.000% 2/1/27 3,150 3,703
Ohio Parks & Recreation Capital Facilities Revenue 5.000% 2/1/28 3,310 3,866
Ohio Parks & Recreation Capital Facilities Revenue 5.000% 2/1/29 3,475 4,029
Ohio State University General Receipts Revenue 5.000% 12/1/18 (Prere.) 250 266
Ohio State University General Receipts Revenue 5.000% 12/1/19 (Prere.) 215 236
Ohio State University General Receipts Revenue 5.000% 12/1/20 3,535 3,877
Ohio State University General Receipts Revenue 5.000% 12/1/26 2,250 2,399
Ohio Turnpike Commission Turnpike Revenue 5.500% 2/15/20 (14) 9,000 10,043
Ohio Turnpike Commission Turnpike Revenue 5.000% 2/15/22 1,750 1,933
Ohio Turnpike Commission Turnpike Revenue 5.000% 2/15/28 2,000 2,294
Ohio Turnpike Commission Turnpike Revenue 5.250% 2/15/29 3,000 3,467
Ohio Turnpike Commission Turnpike Revenue 5.000% 2/15/31 7,195 7,838
Ohio Water Development Authority Drinking Water Assistance Fund Revenue 5.250% 12/1/19 5,775 6,402
Ohio Water Development Authority Drinking Water Assistance Fund Revenue 5.250% 12/1/20 5,570 6,368
Ohio Water Development Authority Fresh Water Revenue 5.000% 12/1/18 3,000 3,195
3 Ohio Water Development Authority Fresh Water Revenue TOB VRDO 1.000% 5/5/17 5,860 5,860
Ohio Water Development Authority Pollution Control Revenue (Water Quality) 5.000% 12/1/21 5,310 6,158
Ohio Water Development Authority Pollution Control Revenue (Water Quality) 5.000% 6/1/24 3,325 4,013
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.250% 6/1/18 5,635 5,904
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 12/1/19 5,000 5,511
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 6/1/21 9,160 10,530
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 12/1/26 10,500 13,058
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 6/1/27 20,000 24,975
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 12/1/27 16,000 19,914
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 6/1/28 23,000 28,426
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 12/1/28 24,590 30,304
Penta Career Center Ohio COP 5.250% 4/1/23 2,480 2,825
Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) 5.000% 2/15/18 (ETM) 3,520 3,634
Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) 5.000% 2/15/18 (Prere.) 3,195 3,299
Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) 5.000% 2/15/18 (Prere.) 3,680 3,800
Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) 5.500% 2/15/18 (Prere.) 17,000 17,620
University of Akron Ohio General Receipts Revenue 5.000% 1/1/23 (4) 8,010 8,764
University of Akron Ohio General Receipts Revenue 5.000% 1/1/24 (4) 3,335 3,647
University of Akron Ohio General Receipts Revenue 5.000% 1/1/25 (4) 2,500 2,733
University of Akron Ohio General Receipts Revenue 5.000% 1/1/26 (4) 2,000 2,185
University of Akron Ohio General Receipts Revenue 5.000% 1/1/27 (4) 2,000 2,184
University of Akron Ohio General Receipts Revenue 5.000% 1/1/28 (4) 2,500 2,728
University of Akron Ohio General Receipts Revenue 5.000% 1/1/31 2,175 2,443
University of Cincinnati Ohio General Receipts Revenue 5.000% 6/1/22 2,455 2,866
University of Cincinnati Ohio General Receipts Revenue 5.000% 6/1/29 6,385 7,364
University of Cincinnati Ohio General Receipts Revenue 5.000% 6/1/30 1,000 1,149
        1,171,401
Oklahoma (0.3%)        
Grand River Dam Authority Oklahoma Revenue 5.000% 6/1/20 4,000 4,452
Grand River Dam Authority Oklahoma Revenue 5.000% 6/1/28 7,500 9,034
2 Norman OK Regional Hospital Authority Revenue 5.000% 9/1/17 1,055 1,064
2 Norman OK Regional Hospital Authority Revenue 5.000% 9/1/18 755 788

 

195

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
2 Norman OK Regional Hospital Authority Revenue 5.000% 9/1/19 795 853
2 Norman OK Regional Hospital Authority Revenue 5.000% 9/1/20 835 916
2 Norman OK Regional Hospital Authority Revenue 5.000% 9/1/21 880 982
2 Norman OK Regional Hospital Authority Revenue 5.000% 9/1/22 925 1,043
2 Norman OK Regional Hospital Authority Revenue 5.000% 9/1/23 970 1,104
Norman OK Regional Hospital Authority Revenue 5.000% 9/1/24 5,000 5,766
2 Norman OK Regional Hospital Authority Revenue 5.000% 9/1/24 1,020 1,167
Norman OK Regional Hospital Authority Revenue 5.000% 9/1/25 3,500 4,039
2 Norman OK Regional Hospital Authority Revenue 5.000% 9/1/25 1,075 1,229
Norman OK Regional Hospital Authority Revenue 5.000% 9/1/26 5,325 6,176
2 Norman OK Regional Hospital Authority Revenue 5.000% 9/1/26 1,130 1,293
Norman OK Regional Hospital Authority Revenue 5.000% 9/1/27 2,100 2,407
2 Norman OK Regional Hospital Authority Revenue 5.000% 9/1/27 1,185 1,356
Norman OK Regional Hospital Authority Revenue 5.000% 9/1/28 2,000 2,276
2 Norman OK Regional Hospital Authority Revenue 5.000% 9/1/29 1,310 1,464
2 Norman OK Regional Hospital Authority Revenue 5.000% 9/1/30 1,380 1,533
2 Norman OK Regional Hospital Authority Revenue 5.000% 9/1/31 1,450 1,601
Oklahoma Capitol Improvement Authority Facilities Revenue 5.000% 7/1/23 2,500 2,965
Oklahoma Capitol Improvement Authority Facilities Revenue 5.000% 7/1/24 1,500 1,802
Oklahoma Capitol Improvement Authority Facilities Revenue 5.000% 7/1/25 3,000 3,583
Oklahoma Capitol Improvement Authority Facilities Revenue 5.000% 7/1/26 2,500 2,961
Oklahoma Capitol Improvement Authority Facilities Revenue 5.000% 7/1/27 3,000 3,529
Oklahoma Capitol Improvement Authority Facilities Revenue 5.000% 7/1/28 2,000 2,339
Oklahoma Capitol Improvement Authority Facilities Revenue 5.000% 7/1/29 2,500 2,904
Oklahoma Capitol Improvement Authority Facilities Revenue 5.000% 7/1/30 2,500 2,890
Oklahoma City OK Water Utilities Trust Water & Sewer Revenue 5.000% 7/1/23 1,500 1,788
Oklahoma City OK Water Utilities Trust Water & Sewer Revenue 5.000% 7/1/29 3,600 4,345
Oklahoma City OK Water Utilities Trust Water & Sewer Revenue 5.000% 7/1/31 4,255 4,950
Oklahoma City OK Water Utilities Trust Water & Sewer Revenue 5.000% 7/1/32 1,850 2,185
Oklahoma City OK Water Utilities Trust Water & Sewer Revenue 5.000% 7/1/32 5,000 5,795
Oklahoma City OK Water Utilities Trust Water & Sewer Revenue 5.000% 7/1/33 2,500 2,938
Oklahoma City OK Water Utilities Trust Water & Sewer Revenue 5.000% 7/1/34 4,385 5,130
Oklahoma Development Finance Authority Health System Revenue        
(Integris Health Obligated Group) 5.000% 8/15/18 (Prere.) 12,100 12,730
Oklahoma Development Finance Authority Health System Revenue        
(Integris Health Obligated Group) 5.000% 8/15/25 2,000 2,394
Oklahoma Development Finance Authority Health System Revenue        
(Integris Health Obligated Group) 5.000% 8/15/26 1,000 1,185
Oklahoma Development Finance Authority Health System Revenue        
(Integris Health Obligated Group) 5.000% 8/15/27 1,750 2,056
Oklahoma Development Finance Authority Health System Revenue        
(Integris Health Obligated Group) 5.000% 8/15/28 1,750 2,041
Oklahoma Development Finance Authority Health System Revenue        
(Integris Health Obligated Group) 5.000% 8/15/29 1,750 2,025
Oklahoma Municipal Power Authority Power Supply System Revenue 5.875% 1/1/18 (Prere.) 1,045 1,080
Oklahoma Municipal Power Authority Power Supply System Revenue 5.000% 1/1/29 350 407
Oklahoma Municipal Power Authority Power Supply System Revenue 5.000% 1/1/32 3,770 4,264
Oklahoma Municipal Power Authority Power Supply System Revenue 5.000% 1/1/33 6,055 6,813
Oklahoma Municipal Power Authority Power Supply System Revenue 5.000% 1/1/33 1,500 1,701
Oklahoma Turnpike Authority Revenue 5.000% 1/1/27 1,160 1,301
Tulsa County OK Industrial Authority Educational Facilities Lease Revenue 5.000% 9/1/24 3,500 4,138
Tulsa County OK Industrial Authority Educational Facilities Lease Revenue 5.000% 9/1/25 6,175 7,353
Tulsa County OK Industrial Authority Senior Living Community Revenue (Montereau Inc.) 5.000% 11/15/25 1,000 1,107
Tulsa County OK Industrial Authority Senior Living Community Revenue (Montereau Inc.) 5.000% 11/15/26 350 387
University of Oklahoma Revenue 5.000% 7/1/29 1,895 2,133
University of Oklahoma Revenue 5.000% 7/1/30 2,230 2,506
University of Oklahoma Revenue 5.000% 7/1/31 2,000 2,246
University of Oklahoma Revenue 5.000% 7/1/32 670 750
        159,264
Oregon (1.0%)        
Clackamas County OR School District No. 12 North Clackamas GO 5.000% 6/15/33 11,875 14,084
Clackamas County OR School District No. 12 North Clackamas GO 5.000% 6/15/37 16,370 19,071
Clatsop County OR School District No. 10 Seaside GO 5.000% 6/15/29 1,425 1,740
Clatsop County OR School District No. 10 Seaside GO 5.000% 6/15/32 2,000 2,392
Clatsop County OR School District No. 10 Seaside GO 5.000% 6/15/34 2,455 2,905
Clatsop County OR School District No. 10 Seaside GO 5.000% 6/15/35 2,000 2,353
Clatsop County OR School District No. 10 Seaside GO 5.000% 6/15/36 2,500 2,932
Forest Grove OR Campus Improvement Revenue (Pacific University Project) 5.000% 5/1/30 550 612
Forest Grove OR Campus Improvement Revenue (Pacific University Project) 5.000% 5/1/36 2,500 2,709
Multnomah County OR School District GO 5.000% 6/15/19 18,000 19,516
Multnomah County OR School District GO 5.000% 6/15/20 21,515 24,052

 

196

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Multnomah County OR School District GO 5.000% 6/15/21 36,255 41,641
Oregon Department of Administrative Services COP 5.000% 5/1/19 (Prere.) 3,130 3,372
Oregon Department of Administrative Services COP 5.000% 5/1/19 (Prere.) 1,750 1,886
Oregon Department of Administrative Services COP 5.000% 5/1/19 (Prere.) 2,220 2,392
Oregon Department of Administrative Services COP 5.000% 5/1/19 (Prere.) 3,520 3,793
Oregon Department of Administrative Services COP 5.000% 11/1/19 (Prere.) 4,310 4,723
Oregon Department of Administrative Services COP 5.000% 11/1/19 2,000 2,192
Oregon Department of Administrative Services COP 5.000% 11/1/20 5,350 5,850
Oregon Department of Administrative Services Lottery Revenue 5.250% 4/1/21 (Prere.) 5,340 6,143
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/23 3,500 4,163
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/23 2,110 2,510
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/23 1,430 1,701
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/23 6,355 7,559
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/24 7,000 8,452
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/25 5,440 6,628
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/25 2,130 2,551
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/25 8,015 9,600
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/29 8,000 9,520
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/30 4,705 5,715
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/30 2,000 2,429
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/31 11,010 12,575
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/31 3,480 4,193
Oregon Department of Administrative Services Lottery Revenue 5.250% 4/1/31 860 971
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/32 5,560 6,324
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/33 5,545 6,284
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/33 4,000 4,762
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/34 2,585 3,060
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/36 1,670 1,959
Oregon Department of Transportation Highway User Tax Revenue 5.000% 11/15/24 3,000 3,659
Oregon Department of Transportation Highway User Tax Revenue 5.000% 11/15/27 2,000 2,400
Oregon Department of Transportation Highway User Tax Revenue 5.000% 11/15/28 5,500 6,560
Oregon Department of Transportation Highway User Tax Revenue 5.000% 11/15/29 9,500 11,252
Oregon Department of Transportation Highway User Tax Revenue 5.000% 11/15/30 2,500 2,949
Oregon Facilities Authority Revenue (Legacy Health Project) 5.250% 5/1/20 7,610 8,488
Oregon Facilities Authority Revenue (Legacy Health Project) 5.250% 5/1/21 7,500 8,598
Oregon Facilities Authority Revenue (Legacy Health Project) 5.000% 6/1/32 4,000 4,601
Oregon Facilities Authority Revenue (Legacy Health Project) 5.000% 6/1/33 4,000 4,578
Oregon Facilities Authority Revenue (PeaceHealth) 5.000% 11/15/22 1,000 1,172
Oregon Facilities Authority Revenue (PeaceHealth) 5.000% 11/15/23 1,250 1,490
Oregon Facilities Authority Revenue (PeaceHealth) 5.000% 11/15/26 1,810 2,125
Oregon Facilities Authority Revenue (PeaceHealth) 5.000% 11/15/27 2,000 2,332
Oregon Facilities Authority Revenue (PeaceHealth) 5.000% 11/15/28 2,500 2,899
Oregon Facilities Authority Revenue (PeaceHealth) 5.000% 11/15/29 1,420 1,636
Oregon Facilities Authority Revenue (Samaritan Health Services Project) 5.000% 10/1/26 1,080 1,246
Oregon Facilities Authority Revenue (Samaritan Health Services Project) 5.000% 10/1/27 2,725 3,105
Oregon Facilities Authority Revenue (Samaritan Health Services Project) 5.000% 10/1/28 3,965 4,485
Oregon Facilities Authority Revenue (University of Portland) 5.000% 4/1/27 595 692
Oregon Facilities Authority Revenue (University of Portland) 5.000% 4/1/29 750 859
Oregon Facilities Authority Revenue (University of Portland) 5.000% 4/1/30 700 800
Oregon Facilities Authority Revenue (University of Portland) 5.000% 4/1/31 700 799
Oregon Facilities Authority Revenue (University of Portland) 5.000% 4/1/32 1,000 1,136
Oregon Facilities Authority Revenue (University of Portland) 5.000% 4/1/33 1,100 1,246
Oregon Facilities Authority Revenue (University of Portland) 5.000% 4/1/34 1,280 1,444
Oregon Facilities Authority Revenue (University of Portland) 5.000% 4/1/35 1,200 1,348
Oregon GO 5.000% 5/1/18 1,500 1,562
Oregon GO 5.000% 11/1/18 3,750 3,980
Oregon GO 5.000% 5/1/19 2,770 2,991
Oregon GO 5.000% 5/1/21 (Prere.) 2,755 3,152
Oregon GO 5.000% 5/1/21 (Prere.) 2,890 3,307
Oregon GO 5.000% 5/1/21 (Prere.) 1,760 2,014
Oregon GO 5.000% 5/1/21 (Prere.) 1,570 1,796
Oregon GO 5.000% 5/1/21 (Prere.) 2,415 2,763
Oregon GO 5.000% 5/1/21 (Prere.) 5,165 5,910
Oregon GO 5.000% 5/1/21 (Prere.) 5,685 6,505
Oregon GO 5.000% 5/1/21 (Prere.) 3,370 3,856
Oregon GO 5.000% 5/1/21 (Prere.) 1,490 1,705
Oregon GO 5.000% 5/1/21 (Prere.) 2,460 2,815
Oregon GO 5.000% 5/1/31 2,915 3,379
Oregon GO 5.000% 5/1/32 2,060 2,379
Oregon GO 5.000% 5/1/32 3,250 3,886
Oregon GO 5.000% 11/1/32 1,440 1,680

 

197

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Oregon GO 5.000% 5/1/33 3,000 3,567
Oregon GO 5.000% 5/1/34 2,675 3,165
Oregon GO 5.000% 5/1/35 2,750 3,238
Oregon GO 5.000% 5/1/36 7,000 8,189
Oregon GO 5.000% 5/1/37 4,360 5,084
Oregon GO (Oregon University System Projects) 5.250% 8/2/21 (Prere.) 2,725 3,164
Oregon GO (Oregon University System Projects) 5.250% 8/2/21 (Prere.) 2,865 3,327
Oregon GO (Oregon University System Projects) 5.250% 8/2/21 (Prere.) 3,015 3,501
Oregon GO (Oregon University System Projects) 5.250% 8/2/21 (Prere.) 1,650 1,916
Oregon GO (Oregon University System Projects) 5.250% 8/2/21 (Prere.) 2,050 2,380
Oregon GO (Oregon University System Projects) 5.250% 8/2/21 (Prere.) 2,585 3,002
Port of Portland OR International Airport Revenue 5.000% 7/1/29 1,650 1,941
Port of Portland OR International Airport Revenue 5.000% 7/1/30 1,000 1,169
Port of Portland OR International Airport Revenue 5.000% 7/1/32 1,065 1,228
Port of Portland OR International Airport Revenue 5.000% 7/1/34 3,000 3,427
Portland OR Sewer System Revenue 5.000% 6/1/20 43,210 48,306
Tri-County Metropolitan Transportation District of Oregon Payroll Tax Revenue 5.000% 9/1/32 1,610 1,911
Tri-County Metropolitan Transportation District of Oregon Payroll Tax Revenue 5.000% 9/1/33 2,310 2,727
Tri-County Metropolitan Transportation District of Oregon Payroll Tax Revenue 5.000% 9/1/34 2,500 2,936
Washington & Clackamas Counties School District No. 23J GO 5.000% 6/15/31 5,460 6,556
Washington & Clackamas Counties School District No. 23J GO 5.000% 6/15/32 4,105 4,897
2 Washington County OR School District No. 48J Beaverton GO 0.000% 6/15/35 5,000 5,505
2 Washington County OR School District No. 48J Beaverton GO 0.000% 6/15/36 5,500 6,047
        528,076
Pennsylvania (4.6%)        
Allegheny County PA GO 5.000% 11/1/19 (Prere.) 15,000 16,425
Allegheny County PA GO 5.000% 11/1/25 7,445 8,912
Allegheny County PA GO 5.000% 11/1/29 12,000 14,148
Allegheny County PA Higher Education Building Authority University Revenue        
(Duquesne University) 5.500% 3/1/21 (Prere.) 2,720 3,147
Allegheny County PA Higher Education Building Authority University Revenue        
(Duquesne University) 5.500% 3/1/21 (Prere.) 1,290 1,493
Allegheny County PA Hospital Development Authority Revenue        
(University of Pittsburgh Medical Center) 1.410% 2/1/21 11,490 11,488
3 Allegheny County PA Hospital Development Authority Revenue        
(University of Pittsburgh Medical Center) TOB VRDO 0.920% 5/1/17 LOC 5,000 5,000
3 Allegheny County PA Hospital Development Authority Revenue        
(University of Pittsburgh Medical Center) TOB VRDO 0.920% 5/1/17 LOC 12,595 12,595
Allegheny County PA Port Authority Revenue 5.750% 3/1/29 17,000 19,589
Allegheny County PA Sanitary Authority Sewer Revenue 5.000% 12/1/23 3,400 4,006
Allegheny County PA Sanitary Authority Sewer Revenue 5.000% 12/1/24 2,500 2,979
Allegheny County PA Sanitary Authority Sewer Revenue 4.000% 12/1/34 (4) 2,000 2,102
Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue 5.000% 5/1/24 2,795 3,091
Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue 5.000% 5/1/25 2,500 2,734
Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue 5.000% 5/1/26 2,000 2,170
Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue 5.000% 5/1/28 2,310 2,485
Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue 5.000% 5/1/29 3,740 4,004
Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue 5.000% 5/1/31 3,000 3,187
Beaver County PA Industrial Development Authority Pollution Control Revenue        
(FirstEnergy Generation Project) PUT 2.500% 6/1/17 4,500 3,409
Beaver County PA Industrial Development Authority Pollution Control Revenue        
(FirstEnergy Generation Project) PUT 2.700% 4/2/18 16,100 7,084
Bucks County PA Industrial Development Authority Hospital Revenue (Grand View Hospital) VRDO 0.910% 5/5/17 LOC 29,540 29,540
Bucks County PA Water & Sewer Authority Water System Revenue 5.000% 6/1/19 (15) 2,000 2,149
Canonsburg-Houston PA Joint Authority Sewer Revenue 5.000% 12/1/31 1,825 2,058
Canonsburg-Houston PA Joint Authority Sewer Revenue 5.000% 12/1/32 1,915 2,149
Central Bradford PA Progress Authority Revenue (Guthrie Healthcare System) 5.500% 12/1/31 12,500 14,268
Central Bucks County PA School District GO 5.000% 5/15/20 (ETM) 625 696
Central Bucks County PA School District GO 5.000% 5/15/20 1,645 1,832
Chester County PA GO 4.000% 7/15/28 7,515 8,495
Coatesville PA School District GO 5.000% 8/1/24 (4) 1,275 1,500
Coatesville PA School District GO 5.000% 8/1/25 (4) 1,000 1,183
Commonwealth Financing Authority Pennsylvania Revenue 5.000% 6/1/21 (4) 3,940 4,349
Commonwealth Financing Authority Pennsylvania Revenue 5.000% 6/1/25 875 996
Commonwealth Financing Authority Pennsylvania Revenue 5.000% 6/1/32 7,000 7,715
Cumberland County PA Municipal Authority Revenue (Diakon Lutheran Social Ministries Project) 5.500% 1/1/18 (ETM) 2,460 2,536
Cumberland County PA Municipal Authority Revenue (Diakon Lutheran Social Ministries Project) 5.500% 1/1/18 275 282
Cumberland County PA Municipal Authority Revenue (Diakon Lutheran Social Ministries Project) 5.750% 1/1/19 (Prere.) 3,075 3,315
Cumberland County PA Municipal Authority Revenue (Diakon Lutheran Social Ministries Project) 6.000% 1/1/19 (Prere.) 3,770 4,080
Cumberland County PA Municipal Authority Revenue (Diakon Lutheran Social Ministries Project) 5.750% 1/1/20 340 364
Cumberland County PA Municipal Authority Revenue (Diakon Lutheran Social Ministries Project) 6.000% 1/1/21 420 451

 

198

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Dauphin County PA General Authority Health System Revenue (Pinnacle Health System Project) 6.000% 6/1/19 (Prere.) 7,060 7,775
Dauphin County PA General Authority Health System Revenue (Pinnacle Health System Project) 5.000% 6/1/29 1,500 1,744
Dauphin County PA General Authority Health System Revenue (Pinnacle Health System Project) 6.000% 6/1/29 7,740 8,470
Delaware County PA GO 5.000% 10/1/17 2,250 2,290
Delaware County PA GO 5.000% 10/1/18 2,360 2,497
Delaware County PA GO 5.000% 10/1/21 1,645 1,900
Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue 5.000% 7/1/30 2,000 2,372
Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue 5.000% 7/1/37 3,500 4,004
Delaware River Port Authority Pennsylvania & New Jersey Revenue 5.000% 1/1/23 4,850 5,359
Haverford Township PA School District GO VRDO 0.900% 5/5/17 LOC 8,115 8,115
Lancaster County PA Hospital Authority Health System Revenue        
(University of Pennsylvania Health System) 5.000% 8/15/26 6,540 7,865
Lancaster County PA Hospital Authority Revenue (University of Pennsylvania Health System) 5.000% 8/15/28 1,420 1,667
Lancaster County PA Hospital Authority Revenue (University of Pennsylvania Health System) 5.000% 8/15/29 1,385 1,611
Lancaster County PA Hospital Authority Revenue (University of Pennsylvania Health System) 5.000% 8/15/33 3,000 3,408
Lancaster County PA Hospital Authority Revenue (University of Pennsylvania Health System) 5.000% 8/15/34 3,000 3,393
Lancaster County PA Solid Waste Management Authority Solid Waste Disposal System Revenue 5.000% 12/15/33 5,750 6,444
Lycoming County PA Authority College Revenue (Pennsylvania College of Technology) 5.000% 10/1/21 1,000 1,133
Lycoming County PA Authority College Revenue (Pennsylvania College of Technology) 5.000% 10/1/22 1,000 1,152
Lycoming County PA Authority College Revenue (Pennsylvania College of Technology) 5.000% 10/1/24 525 617
Lycoming County PA Authority College Revenue (Pennsylvania College of Technology) 5.000% 10/1/25 1,085 1,275
Lycoming County PA Authority College Revenue (Pennsylvania College of Technology) 5.000% 10/1/26 600 707
Middletown PA School District GO 5.000% 3/1/31 3,030 3,359
Middletown PA School District GO 5.000% 3/1/32 3,375 3,728
Monroeville PA Finance Authority Revenue (UPMC Health System) 5.000% 2/15/29 6,995 7,803
Montgomery County PA Higher Education & Health Authority Hospital Revenue        
(Abington Memorial Hospital) 5.000% 6/1/19 (Prere.) 5,765 6,227
Montgomery County PA Higher Education & Health Authority Hospital Revenue        
(Abington Memorial Hospital) 5.000% 6/1/25 7,000 7,917
Montgomery County PA Higher Education & Health Authority Hospital Revenue        
(Abington Memorial Hospital) 5.000% 6/1/27 6,000 6,713
Montgomery County PA Higher Education & Health Authority Hospital Revenue        
(Abington Memorial Hospital) 5.000% 6/1/31 8,500 9,318
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.000% 1/15/23 8,000 8,934
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.000% 1/15/24 4,365 4,913
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.000% 1/15/25 7,840 8,784
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.250% 1/15/26 5,250 5,918
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.250% 1/15/27 3,000 3,337
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.250% 1/15/29 3,850 4,214
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.250% 1/15/31 8,350 9,036
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.250% 1/15/32 9,055 9,762
Montgomery County PA Industrial Development Authority Pollution Control Revenue        
(Exelon Generation Co., LLC) PUT 2.500% 4/1/20 4,000 3,997
Montgomery County PA Industrial Development Authority Pollution Control Revenue        
(Exelon Generation Co., LLC) PUT 2.500% 4/1/20 3,250 3,248
Montgomery County PA Industrial Development Authority Pollution Control Revenue        
(Exelon Generation Co., LLC) PUT 2.550% 6/1/20 19,000 18,986
Montour PA School District GO 5.000% 4/1/32 (4) 3,245 3,671
Moon Industrial Development Authority Pennsylvania Revenue        
(Baptist Home Society Obligated Group) 5.625% 7/1/30 3,750 3,933
Moon Industrial Development Authority Pennsylvania Revenue        
(Baptist Home Society Obligated Group) 5.750% 7/1/35 6,925 7,255
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.000% 8/15/18 (Prere.) 1,000 1,052
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.125% 8/15/18 (Prere.) 1,000 1,053
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.250% 8/15/18 (Prere.) 1,000 1,055
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.250% 8/15/18 (Prere.) 1,500 1,582
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.250% 8/15/18 (Prere.) 3,000 3,165
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.000% 8/15/24 2,815 3,288
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.000% 8/15/25 2,025 2,370
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.000% 8/15/27 2,835 3,311
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.000% 8/15/29 5,205 5,970
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.000% 8/15/30 7,720 8,768
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.000% 8/15/31 8,130 9,180

 

199

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.000% 8/15/36 6,790 7,484
Pennsylvania Economic Development Financing Authority Health System Revenue        
(Albert Einstein Healthcare Network) 6.250% 10/15/19 (Prere.) 2,795 3,074
Pennsylvania Economic Development Financing Authority Pollution Control Revenue        
(PPL Electric Utilities Corp. Project) 4.000% 10/1/23 17,500 18,839
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 5.000% 2/1/23 1,250 1,463
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 5.000% 2/1/24 3,000 3,558
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 5.000% 2/1/25 2,180 2,589
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 5.000% 2/1/26 3,000 3,524
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 5.000% 2/1/27 4,705 5,479
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 5.000% 2/1/29 6,000 6,897
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 5.000% 2/1/31 12,965 14,735
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 5.000% 2/1/32 6,865 7,764
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 5.000% 2/1/33 10,000 11,254
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 5.000% 7/1/33 10,000 11,048
Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue 5.000% 7/1/18 1,950 2,043
Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue 5.000% 7/1/19 4,700 5,102
Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue 5.000% 7/1/20 20,000 21,703
Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue 5.000% 1/1/21 10,000 10,663
Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue 5.000% 7/1/22 4,355 4,370
Pennsylvania GO 5.000% 5/1/19 15,000 16,127
Pennsylvania GO 5.000% 7/1/19 14,925 16,132
Pennsylvania GO 5.000% 6/1/21 20,000 22,666
Pennsylvania GO 5.000% 7/1/21 32,365 36,749
Pennsylvania GO 5.375% 7/1/21 4,950 5,695
Pennsylvania GO 5.000% 6/1/22 19,450 22,463
Pennsylvania GO 4.000% 7/1/23 13,000 14,332
Pennsylvania GO 5.000% 11/15/23 4,705 5,369
Pennsylvania GO 5.000% 8/15/24 24,500 29,074
Pennsylvania GO 5.000% 3/15/25 7,000 8,316
Pennsylvania GO 5.000% 4/1/25 7,500 8,663
Pennsylvania GO 5.000% 9/15/26 34,500 41,405
Pennsylvania GO 5.000% 9/15/27 25,375 30,237
Pennsylvania GO 5.000% 3/15/28 21,000 24,255
Pennsylvania GO 4.000% 10/15/28 11,550 12,403
Pennsylvania GO 4.000% 8/15/29 (4) 17,000 18,248
Pennsylvania GO 4.000% 6/15/30 24,400 25,715
Pennsylvania GO 4.000% 8/15/30 (4) 19,000 20,242
Pennsylvania Higher Education Assistance Agency Revenue 5.000% 12/15/20 2,560 2,865
Pennsylvania Higher Education Assistance Agency Revenue 5.000% 12/15/21 1,830 2,036
Pennsylvania Higher Educational Facilities Authority Revenue 4.000% 6/15/32 8,500 8,836
Pennsylvania Higher Educational Facilities Authority Revenue 4.000% 6/15/33 10,000 10,340
Pennsylvania Higher Educational Facilities Authority Revenue        
(Foundation for Indiana University of Pennsylvania Student Housing) 5.000% 7/1/27 1,745 1,930
Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) 5.000% 6/15/29 1,300 1,451
Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) 5.000% 6/15/29 4,125 4,545
Pennsylvania Higher Educational Facilities Authority Revenue (La Salle University) 5.000% 5/1/24 1,435 1,597
Pennsylvania Higher Educational Facilities Authority Revenue (La Salle University) 5.000% 5/1/25 1,670 1,841
Pennsylvania Higher Educational Facilities Authority Revenue (La Salle University) 5.000% 5/1/26 1,690 1,852
Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) 5.000% 4/1/25 2,065 2,359
Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) 5.000% 4/1/26 1,140 1,295
Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) 5.000% 4/1/27 1,120 1,266
Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) 5.000% 4/1/28 3,085 3,473
Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) 5.000% 4/1/30 2,985 3,331
Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) 5.000% 4/1/31 3,500 3,901
Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) 5.250% 9/1/19 (2) 2,935 3,195
Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) 5.000% 3/1/27 700 794
Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) 5.000% 3/1/28 1,650 1,865
Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) 5.000% 3/1/30 500 560
Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) 5.000% 3/1/32 1,000 1,112
Pennsylvania Higher Educational Facilities Authority Revenue        
(Trustees of the University of Pennsylvania) 5.000% 3/1/21 (Prere.) 2,405 2,735
Pennsylvania Higher Educational Facilities Authority Revenue        
(Trustees of the University of Pennsylvania) 5.000% 10/1/23 8,220 9,855
Pennsylvania Higher Educational Facilities Authority Revenue        
(Trustees of the University of Pennsylvania) 5.000% 10/1/24 7,000 8,507
Pennsylvania Higher Educational Facilities Authority Revenue        
(Trustees of the University of Pennsylvania) 5.000% 10/1/25 5,000 6,142
Pennsylvania Higher Educational Facilities Authority Revenue        
(Trustees of the University of Pennsylvania) 5.000% 10/1/26 4,625 5,629

 

200

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Pennsylvania Higher Educational Facilities Authority Revenue        
(Trustees of the University of Pennsylvania) 5.000% 10/1/26 9,550 11,623
Pennsylvania Higher Educational Facilities Authority Revenue        
(University of Pittsburgh Medical Center) 5.000% 5/15/31 500 538
Pennsylvania Higher Educational Facilities Authority Revenue (University of the Sciences) 5.000% 11/1/33 5,805 6,445
Pennsylvania Housing Finance Agency Single Family Mortgage Revenue 4.000% 10/1/18 2,000 2,084
Pennsylvania Housing Finance Agency Single Family Mortgage Revenue 5.000% 10/1/19 2,000 2,169
Pennsylvania Housing Finance Agency Single Family Mortgage Revenue 5.000% 10/1/20 1,500 1,682
Pennsylvania Industrial Development Authority Economic Development Revenue 5.500% 7/1/18 (Prere.) 12,180 12,835
Pennsylvania Industrial Development Authority Economic Development Revenue 5.500% 7/1/18 (Prere.) 17,530 18,472
Pennsylvania State University Revenue 5.000% 9/1/21 620 715
Pennsylvania State University Revenue 5.000% 9/1/21 1,400 1,614
Pennsylvania State University Revenue 5.000% 9/1/26 1,250 1,541
Pennsylvania State University Revenue 4.000% 9/1/27 4,800 5,399
Pennsylvania State University Revenue 5.000% 9/1/28 5,000 6,042
Pennsylvania State University Revenue 5.000% 9/1/29 5,000 5,991
Pennsylvania State University Revenue 5.000% 9/1/30 1,750 2,087
Pennsylvania State University Revenue 5.000% 9/1/30 1,650 1,967
Pennsylvania State University Revenue 5.000% 9/1/34 5,125 6,055
Pennsylvania State University Revenue 4.000% 9/1/35 1,650 1,734
Pennsylvania State University Revenue 5.000% 9/1/35 4,400 5,164
Pennsylvania State University Revenue 5.000% 9/1/35 1,350 1,565
Pennsylvania State University Revenue 4.000% 9/1/36 1,730 1,811
Pennsylvania State University Revenue 5.000% 9/1/36 1,325 1,531
Pennsylvania Turnpike Commission Motor License Fund Revenue 5.500% 12/1/20 (Prere.) 4,010 4,606
Pennsylvania Turnpike Commission Motor License Fund Revenue 5.000% 12/1/23 1,770 2,059
Pennsylvania Turnpike Commission Motor License Fund Revenue 5.000% 12/1/24 1,825 2,112
Pennsylvania Turnpike Commission Motor License Fund Revenue 5.000% 12/1/25 2,190 2,516
Pennsylvania Turnpike Commission Motor License Fund Revenue 5.000% 12/1/26 2,165 2,476
Pennsylvania Turnpike Commission Motor License Fund Revenue 5.500% 12/1/31 2,175 2,422
Pennsylvania Turnpike Commission Oil Franchise Tax Revenue 5.000% 12/1/23 2,895 3,400
Pennsylvania Turnpike Commission Oil Franchise Tax Revenue 5.000% 12/1/26 1,460 1,740
Pennsylvania Turnpike Commission Oil Franchise Tax Revenue 5.000% 12/1/27 1,600 1,876
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/18 (Prere.) 2,500 2,612
Pennsylvania Turnpike Commission Revenue 5.250% 6/1/18 (Prere.) 12,345 12,929
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 (Prere.) 9,020 9,763
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 (Prere.) 40,980 44,357
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 (Prere.) 8,585 9,283
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 (Prere.) 3,535 3,823
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 (Prere.) 4,520 4,888
Pennsylvania Turnpike Commission Revenue 5.250% 6/1/19 (Prere.) 4,715 5,123
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/19 (Prere.) 7,280 7,998
1 Pennsylvania Turnpike Commission Revenue 2.170% 12/1/20 22,700 22,901
Pennsylvania Turnpike Commission Revenue 5.250% 12/1/20 (Prere.) 1,710 1,949
Pennsylvania Turnpike Commission Revenue 5.625% 12/1/20 (Prere.) 1,790 2,064
1 Pennsylvania Turnpike Commission Revenue 1.880% 12/1/21 37,500 37,667
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/21 6,930 7,567
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/21 16,675 18,265
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/24 27,855 32,591
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/25 11,910 13,859
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/25 37,630 43,789
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/25 1,250 1,382
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/26 9,845 11,481
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/26 (4) 35,000 41,572
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/26 35,000 40,735
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/26 1,500 1,658
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/26 2,320 2,699
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/27 5,275 6,162
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/27 1,335 1,476
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/28 5,140 5,950
Pennsylvania Turnpike Commission Revenue 0.000% 12/1/28 3,500 3,722
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/28 1,000 1,102
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/28 1,000 1,142
Pennsylvania Turnpike Commission Revenue 5.250% 12/1/28 4,015 4,450
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/29 3,030 3,432
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/29 7,635 8,738
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/29 2,000 2,265
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/30 5,000 5,672
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/30 4,000 4,514
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/31 6,890 7,769
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/31 1,500 1,640

 

201

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/31 25,500 28,663
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/31 3,785 4,254
Pennsylvania Turnpike Commission Revenue 5.625% 12/1/31 8,210 9,177
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/32 14,615 16,357
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/32 31,195 34,908
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/32 3,250 3,637
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/33 9,950 11,087
Pennsylvania Turnpike Commission Revenue 0.000% 12/1/33 4,500 4,782
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/33 4,940 5,496
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/33 23,000 25,622
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/34 2,620 2,902
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/34 4,000 4,404
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/35 22,500 24,704
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/35 30,410 33,525
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/35 4,000 4,386
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/36 20,000 21,894
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/36 4,000 4,377
3 Pennsylvania Turnpike Commission Revenue TOB VRDO 0.980% 5/5/17 (12) 4,670 4,670
Philadelphia PA Airport Revenue 5.000% 6/15/23 2,000 2,208
Philadelphia PA Authority for Industrial Development Revenue (Cultural & Commercial Corridors) 5.000% 12/1/26 5,000 5,782
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/24 6,500 7,697
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/25 7,820 9,320
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/26 12,860 15,196
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/27 6,750 7,905
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/28 3,500 4,078
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/29 2,500 2,891
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/34 3,250 3,666
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/35 7,135 8,017
Philadelphia PA Gas Works Revenue 5.000% 10/1/21 7,170 8,088
Philadelphia PA Gas Works Revenue 5.000% 10/1/23 5,550 6,448
Philadelphia PA Gas Works Revenue 5.000% 8/1/24 6,400 7,459
Philadelphia PA Gas Works Revenue 5.000% 10/1/24 1,800 2,102
Philadelphia PA Gas Works Revenue 5.000% 10/1/25 2,500 2,926
Philadelphia PA Gas Works Revenue 5.000% 10/1/29 4,275 4,892
Philadelphia PA GO 5.000% 8/1/23 7,310 8,519
Philadelphia PA GO 5.000% 8/1/29 5,000 5,675
Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue        
(Temple University Health System Obligated Group) 6.250% 7/1/23 9,100 9,153
Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue        
(Temple University Health System Obligated Group) 5.500% 7/1/26 4,275 4,289
Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue        
(Temple University Health System Obligated Group) 5.500% 7/1/30 6,040 6,056
Philadelphia PA Municipal Authority Revenue 6.375% 4/1/19 (Prere.) 3,500 3,854
Philadelphia PA School District GO 5.000% 9/1/21 5,000 5,396
Philadelphia PA School District GO 5.000% 6/1/24 (4)(3) 2,000 2,271
Philadelphia PA School District GO 5.000% 9/1/25 (15) 34,410 39,609
Philadelphia PA School District GO 5.000% 9/1/26 2,295 2,540
Philadelphia PA School District GO 5.000% 9/1/32 2,100 2,255
Philadelphia PA Water & Waste Water Revenue 5.000% 7/1/20 1,300 1,444
Philadelphia PA Water & Waste Water Revenue 5.000% 8/1/20 (Prere.) 3,000 3,361
Philadelphia PA Water & Waste Water Revenue 5.000% 1/1/23 2,300 2,676
Philadelphia PA Water & Waste Water Revenue 5.000% 7/1/23 2,000 2,346
Philadelphia PA Water & Waste Water Revenue 5.000% 7/1/24 3,800 4,507
Philadelphia PA Water & Waste Water Revenue 5.000% 7/1/26 5,500 6,429
Philadelphia PA Water & Waste Water Revenue 5.000% 10/1/26 6,000 7,237
Philadelphia PA Water & Waste Water Revenue 5.000% 10/1/27 3,810 4,620
Philadelphia PA Water & Waste Water Revenue 5.000% 10/1/33 1,250 1,447
Philadelphia PA Water & Waste Water Revenue 4.000% 7/1/34 6,380 6,596
Philadelphia PA Water & Waste Water Revenue 4.000% 7/1/35 11,000 11,325
Philadelphia PA Water & Waste Water Revenue 5.000% 10/1/35 2,000 2,290
Philadelphia PA Water & Waste Water Revenue 5.000% 10/1/36 1,660 1,895
Philadelphia PA Water & Waste Water Revenue 5.000% 10/1/37 1,750 1,991
Pittsburgh & Allegheny County PA Sports & Exhibition Authority Lease Revenue VRDO 0.990% 5/5/17 (4) 30,310 30,310
Plum Borough PA School District GO 5.000% 9/15/23 (15) 1,000 1,162
Pocono Mountain PA School District GO 4.000% 9/1/22 (4) 2,155 2,381
Scranton PA School District GO 5.000% 6/1/25 2,500 2,764
Southcentral Pennsylvania General Authority Revenue (WellSpan Health Obligated Group) 6.000% 6/1/18 (Prere.) 17,165 18,078
Southcentral Pennsylvania General Authority Revenue (WellSpan Health Obligated Group) 6.000% 6/1/25 12,835 13,371
Southeastern Pennsylvania Transportation Authority Revenue 5.000% 3/1/27 6,100 6,698
Southeastern Pennsylvania Transportation Authority Revenue 5.000% 3/1/28 5,000 5,487
St. Mary Hospital Authority Pennsylvania Health System Revenue (Catholic Health Initiatives) 5.000% 5/15/20 (Prere.) 2,440 2,714

 

202

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
St. Mary Hospital Authority Pennsylvania Health System Revenue (Catholic Health Initiatives) 5.000% 11/15/25 15,385 16,797
St. Mary Hospital Authority Pennsylvania Health System Revenue (Catholic Health Initiatives) 5.000% 11/15/27 2,465 2,677
State Public School Building Authority Pennsylvania College Revenue        
(Delaware County Community College Project) 5.000% 10/1/24 (15) 2,635 3,105
State Public School Building Authority Pennsylvania College Revenue        
(Delaware County Community College Project) 5.000% 10/1/25 (15) 2,880 3,385
State Public School Building Authority Pennsylvania College Revenue        
(Delaware County Community College Project) 5.000% 10/1/26 (15) 3,445 4,006
State Public School Building Authority Pennsylvania College Revenue        
(Delaware County Community College Project) 5.000% 10/1/27 (15) 3,130 3,611
State Public School Building Authority Pennsylvania College Revenue        
(Montgomery County Community College) 5.000% 5/1/24 3,290 3,824
State Public School Building Authority Pennsylvania Lease Revenue        
(School District of Philadelphia) 5.000% 6/1/24 21,000 23,967
State Public School Building Authority Pennsylvania Lease Revenue        
(School District of Philadelphia) 5.000% 6/1/25 (4) 9,505 10,881
State Public School Building Authority Pennsylvania Lease Revenue        
(School District of Philadelphia) 5.000% 6/1/26 (4) 31,500 36,223
Unionville-Chadds Ford PA School District GO 5.000% 6/1/24 1,255 1,510
University of Pittsburgh of the Commonwealth System of Higher Education Pennsylvania Revenue 5.000% 9/15/17 (ETM) 3,990 4,053
University of Pittsburgh of the Commonwealth System of Higher Education Pennsylvania Revenue        
(University Capital Project) 5.000% 3/15/19 (Prere.) 2,650 2,846
University of Pittsburgh of the Commonwealth System of Higher Education Pennsylvania Revenue        
(University Capital Project) 5.500% 3/15/19 (Prere.) 9,000 9,749
University of Pittsburgh of the Commonwealth System of Higher Education Pennsylvania Revenue        
(University Capital Project) 5.250% 9/15/19 (Prere.) 12,500 13,716
University of Pittsburgh of the Commonwealth System of Higher Education Pennsylvania Revenue        
(University Capital Project) 5.250% 9/15/19 (Prere.) 11,250 12,344
University of Pittsburgh of the Commonwealth System of Higher Education Pennsylvania Revenue        
(University Capital Project) 5.250% 9/15/19 (Prere.) 2,375 2,606
Upper Merion PA Area School District GO 4.000% 1/15/26 1,000 1,122
Westmoreland County PA Industrial Development Authority Revenue (Excela Health Project) 5.000% 7/1/19 1,235 1,309
Westmoreland County PA Industrial Development Authority Revenue (Excela Health Project) 5.250% 7/1/20 1,330 1,448
Westmoreland County PA Industrial Development Authority Revenue (Excela Health Project) 5.000% 7/1/25 4,500 4,860
Westmoreland County PA Municipal Authority Revenue 5.000% 8/15/32 15,000 16,791
Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project) 5.000% 11/1/21 1,015 1,121
Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project) 5.000% 11/1/22 1,160 1,283
Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project) 5.000% 11/1/23 1,350 1,489
Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project) 5.000% 11/1/24 1,420 1,563
Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project) 5.000% 11/1/25 1,465 1,612
Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project) 5.000% 11/1/30 6,185 6,780
        2,396,847
Puerto Rico (0.1%)        
Puerto Rico Electric Power Authority Revenue 5.000% 7/1/19 (14) 10,430 10,547
Puerto Rico Electric Power Authority Revenue 5.000% 7/1/20 (14) 18,245 18,450
Puerto Rico Electric Power Authority Revenue 5.000% 7/1/21 (14) 24,290 24,563
Puerto Rico Electric Power Authority Revenue 5.250% 7/1/21 (14) 5,000 5,408
Puerto Rico Electric Power Authority Revenue 5.250% 7/1/22 (14) 10,000 10,871
Puerto Rico Highway & Transportation Authority Revenue 5.250% 7/1/21 (13)(3) 5,300 5,968
Puerto Rico Sales Tax Financing Corp. Revenue 5.500% 8/1/19 (Prere.) 255 280
        76,087
Rhode Island (0.2%)        
Rhode Island & Providence Plantations GO 5.500% 8/1/28 9,805 11,370
Rhode Island & Providence Plantations GO 5.500% 8/1/30 3,610 4,172
Rhode Island Commerce Corp. Airport Revenue 5.000% 7/1/28 500 580
Rhode Island Commerce Corp. Airport Revenue 5.000% 7/1/32 650 735
Rhode Island Commerce Corp. Airport Revenue 5.000% 7/1/35 1,575 1,756
Rhode Island Commerce Corp. Airport Revenue 5.000% 7/1/37 500 555
Rhode Island Economic Development Corp. Revenue (Department of Transportation) 5.250% 6/15/19 (Prere.) 20,000 21,750
Rhode Island Economic Development Corp. Revenue (Department of Transportation) 5.250% 6/15/19 (Prere.) 25,000 27,188
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 5.000% 9/15/27 2,000 2,375
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.500% 9/1/23 (Prere.) 6,000 7,270
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 6.000% 9/1/23 (Prere.) 5,500 6,827
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.000% 9/1/25 5,000 5,659
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.000% 9/1/26 5,000 5,617

 

203

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.000% 9/1/31 3,000 3,249
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Lifespan Obligated Group) 5.000% 5/15/24 2,350 2,671
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Lifespan Obligated Group) 5.000% 5/15/25 4,500 5,126
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Lifespan Obligated Group) 5.000% 5/15/26 2,000 2,288
Rhode Island Health & Educational Building Corp. Public Schools Revenue (Pooled Issue) 4.500% 5/15/18 (Prere.) 2,880 2,987
Rhode Island Health & Educational Building Corp. Public Schools Revenue (Pooled Issue) 4.625% 5/15/18 (Prere.) 3,210 3,334
Rhode Island Health & Educational Building Corp. Public Schools Revenue (Pooled Issue) 4.750% 5/15/18 (Prere.) 3,500 3,639
Tobacco Settlement Financing Corp. Rhode Island Revenue 2.250% 6/1/41 6,015 6,027
        125,175
South Carolina (1.0%)        
Aiken County SC Consolidated School District 5.000% 3/1/24 7,980 9,611
Beaufort County SC School District GO 5.000% 3/1/18 3,800 3,931
Beaufort County SC School District GO 5.000% 3/1/21 3,245 3,692
Berkeley County SC School District Revenue 5.000% 3/1/18 3,670 3,796
Berkeley County SC Utility Revenue 5.000% 6/1/30 8,170 9,397
Charleston County SC GO 5.000% 11/1/21 2,765 3,206
Charleston SC Educational Excellence Financing Corp. Revenue        
(Charleston County School District, South Carolina Project) 5.000% 12/1/27 10,000 11,686
Charleston SC Waterworks & Sewer Capital Improvement Revenue 5.000% 1/1/20 3,075 3,392
Columbia SC Waterworks & Sewer System Revenue 4.000% 2/1/29 1,750 1,924
Columbia SC Waterworks & Sewer System Revenue 4.000% 2/1/30 1,000 1,086
Columbia SC Waterworks & Sewer System Revenue 4.000% 2/1/31 1,000 1,077
Columbia SC Waterworks & Sewer System Revenue 4.000% 2/1/32 1,250 1,334
Dorchester County SC School District No. 2 Installment Purchase Revenue 4.000% 12/1/25 8,805 9,596
Dorchester County SC School District No. 2 Installment Purchase Revenue 4.000% 12/1/26 9,760 10,538
Florence County SC School District GO 5.000% 3/1/18 2,730 2,824
Greenville County SC Hospital Revenue (Greenville Hospital System) 4.125% 5/1/17 5,315 5,316
Greenville County SC Hospital Revenue (Greenville Hospital System) 5.000% 5/1/18 2,655 2,755
Greenville County SC School District Installment Revenue 5.500% 12/1/19 32,480 35,975
Kershaw County SC Public Schools Foundation Installment Purchase Revenue 5.000% 12/1/24 1,000 1,169
Kershaw County SC Public Schools Foundation Installment Purchase Revenue 5.000% 12/1/25 1,080 1,267
Lexington County SC Health Services District Inc. Hospital Revenue 5.000% 11/1/26 6,220 6,922
Lexington County SC Health Services District Inc. Hospital Revenue 5.000% 11/1/35 3,000 3,353
Lexington County SC Health Services District Inc. Hospital Revenue 5.000% 11/1/36 5,040 5,616
Lexington County SC Health Services District Inc. Hospital Revenue 5.000% 11/1/37 11,305 12,559
Myrtle Beach SC Hospitality Fee Revenue 5.000% 6/1/26 1,000 1,151
Myrtle Beach SC Hospitality Fee Revenue 5.000% 6/1/27 2,075 2,374
Myrtle Beach SC Hospitality Fee Revenue 5.000% 6/1/30 1,000 1,124
Myrtle Beach SC Hospitality Fee Revenue 5.000% 6/1/31 2,500 2,795
Myrtle Beach SC Hospitality Fee Revenue 5.000% 6/1/33 2,750 3,053
Newberry County SC School District Installment Purchase Revenue 5.000% 12/1/26 4,000 4,684
Newberry County SC School District Installment Purchase Revenue 5.000% 12/1/29 3,390 3,888
Newberry County SC School District Installment Purchase Revenue 5.000% 12/1/30 5,210 5,959
Piedmont SC Municipal Power Agency Revenue 5.000% 1/1/18 (Prere.) 3,760 3,864
Piedmont SC Municipal Power Agency Revenue 5.000% 1/1/20 14,100 15,428
Piedmont SC Municipal Power Agency Revenue 0.000% 1/1/22 (14) 9,950 8,978
Piedmont SC Municipal Power Agency Revenue 0.000% 1/1/23 (14) 8,780 7,660
Piedmont SC Municipal Power Agency Revenue 5.000% 1/1/23 1,335 1,550
Piedmont SC Municipal Power Agency Revenue 0.000% 1/1/24 (14) 2,400 2,032
Piedmont SC Municipal Power Agency Revenue 5.000% 1/1/24 9,860 10,106
Piedmont SC Municipal Power Agency Revenue 5.000% 1/1/24 2,000 2,350
Piedmont SC Municipal Power Agency Revenue 5.000% 1/1/24 3,535 3,923
Piedmont SC Municipal Power Agency Revenue 5.000% 1/1/25 3,000 3,537
Piedmont SC Municipal Power Agency Revenue 5.000% 1/1/25 8,020 8,847
Piedmont SC Municipal Power Agency Revenue 5.000% 1/1/29 (4) 8,600 9,426
Piedmont SC Municipal Power Agency Revenue 5.000% 1/1/29 (4) 2,800 3,069
South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue        
(Pickens School District) 5.000% 12/1/23 2,000 2,347
South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue        
(Pickens School District) 5.000% 12/1/24 2,300 2,725
South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue        
(Pickens School District) 5.000% 12/1/26 2,000 2,336
South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue        
(Pickens School District) 5.000% 12/1/27 2,500 2,899
South Carolina GO 5.000% 4/1/18 2,400 2,491
South Carolina GO 5.000% 4/1/19 7,825 8,426
South Carolina GO 5.000% 4/1/19 2,495 2,687

 

204

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
South Carolina GO 5.000% 8/1/19 10,465 11,396
South Carolina GO 5.000% 10/1/19 4,530 4,960
South Carolina Higher Education Revenue (Clemson University) 5.000% 5/1/20 4,410 4,907
South Carolina Higher Education Revenue (Clemson University) 5.000% 5/1/21 2,380 2,720
South Carolina Higher Education Revenue (Clemson University) 5.000% 5/1/22 4,860 5,675
South Carolina Jobs Economic Development Authority Hospital Revenue (AnMed Health Project) 5.000% 2/1/18 2,000 2,059
South Carolina Jobs Economic Development Authority Hospital Revenue (AnMed Health Project) 5.000% 2/1/27 3,710 4,301
South Carolina Jobs Economic Development Authority Hospital Revenue (AnMed Health Project) 5.000% 2/1/28 2,500 2,869
South Carolina Jobs Economic Development Authority Hospital Revenue (AnMed Health Project) 5.000% 2/1/29 2,185 2,489
South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) 5.250% 8/1/23 (4) 6,275 6,534
South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) 5.250% 8/1/24 (4) 6,200 6,445
South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) 5.250% 8/1/25 (4) 6,925 7,184
South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) 5.000% 8/1/27 11,740 12,845
South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) 5.250% 8/1/27 (4) 13,550 14,026
South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) 5.000% 8/1/28 7,850 8,513
South Carolina Jobs Economic Development Authority Revenue        
(Bon Secours Health System) VRDO 0.920% 5/5/17 LOC 16,600 16,600
South Carolina Public Service Authority Revenue 5.000% 12/1/23 10,000 11,316
South Carolina Public Service Authority Revenue 5.000% 12/1/24 13,900 15,825
South Carolina Public Service Authority Revenue 5.000% 12/1/25 5,615 6,338
South Carolina Public Service Authority Revenue 5.000% 12/1/27 4,295 4,786
South Carolina Public Service Authority Revenue 5.000% 12/1/28 15,130 16,764
South Carolina Public Service Authority Revenue 5.000% 12/1/29 6,065 6,673
South Carolina Public Service Authority Revenue 5.000% 12/1/30 10,510 11,511
South Carolina Public Service Authority Revenue 5.000% 12/1/31 13,980 15,231
South Carolina Public Service Authority Revenue 5.000% 12/1/32 8,535 9,257
South Carolina Public Service Authority Revenue 5.000% 12/1/33 10,465 11,300
South Carolina Public Service Authority Revenue 5.000% 12/1/35 3,000 3,262
South Carolina Transportation Infrastructure Revenue 5.000% 10/1/18 5,185 5,477
Sumter Two School Facilities Inc. South Carolina Installment Purchase Revenue 5.000% 12/1/24 (15) 1,000 1,169
Sumter Two School Facilities Inc. South Carolina Installment Purchase Revenue 5.000% 12/1/25 (15) 1,440 1,689
        515,852
South Dakota (0.0%)        
Educational Enhancement Funding Corp. South Dakota Tobacco Settlement Revenue 5.000% 6/1/23 1,000 1,139
South Dakota Building Authority Revenue 5.000% 6/1/33 4,000 4,526
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/23 650 769
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/24 650 776
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/25 600 706
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/26 675 787
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/27 1,025 1,182
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/28 825 944
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/29 1,415 1,603
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.250% 11/1/29 2,000 2,148
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/34 8,250 9,124
        23,704
Tennessee (0.8%)        
Chattanooga TN Electric System Revenue 5.000% 9/1/28 2,315 2,772
Chattanooga TN Electric System Revenue 5.000% 9/1/31 2,250 2,647
Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue 5.000% 10/1/23 650 751
Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue 5.000% 10/1/24 745 865
Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue 5.000% 10/1/26 1,485 1,674
Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue 5.000% 10/1/28 2,400 2,656
Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue 5.000% 10/1/29 5,325 5,853
Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue 5.000% 10/1/30 5,615 6,148
Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue 5.000% 10/1/32 6,520 7,061
Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue 5.000% 10/1/33 6,340 6,828
Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue 5.000% 10/1/34 2,590 2,774
Clarksville TN Public Building Authority Revenue (Pooled Financing) VRDO 0.980% 5/1/17 LOC 4,000 4,000
Clarksville TN Public Building Authority Revenue (Pooled Financing) VRDO 0.980% 5/1/17 LOC 6,320 6,320
Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) 5.250% 4/1/18 (Prere.) 6,045 6,288
Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) 5.375% 4/1/18 (Prere.) 5,835 6,076
Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) 5.000% 4/1/19 1,145 1,227
Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) 5.000% 4/1/20 3,480 3,840
Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) 5.250% 4/1/23 2,235 2,315
Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) 5.375% 4/1/28 2,165 2,234
Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) 5.250% 4/1/31 5,880 6,762
Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) 5.250% 4/1/32 8,780 10,024
Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) 5.250% 4/1/33 9,240 10,508
Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) 5.250% 4/1/34 7,725 8,751
Knox County TN GO 5.000% 4/1/18 2,105 2,185

 

205

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(Covenant Healthcare) 5.000% 1/1/21 2,500 2,778
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(Covenant Healthcare) 5.000% 1/1/22 1,100 1,244
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(Covenant Healthcare) 5.000% 1/1/23 4,860 5,582
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(Covenant Healthcare) 5.000% 1/1/35 5,360 6,020
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(Covenant Healthcare) 5.000% 1/1/36 4,000 4,478
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(Covenant Healthcare) 5.000% 1/1/37 6,420 7,165
Memphis TN GO 5.000% 5/1/28 3,145 3,550
Memphis TN GO 5.000% 5/1/30 1,715 1,925
Metropolitan Government of Nashville & Davidson County TN GO 5.000% 7/1/19 13,085 14,196
Metropolitan Government of Nashville & Davidson County TN Health        
& Educational Facilities Board Revenue (Ascension Health Credit Group) PUT 1.550% 11/3/20 9,695 9,672
Metropolitan Government of Nashville & Davidson County TN Health        
& Educational Facilities Board Revenue (Blakeford at Green Hills) 5.000% 7/1/27 1,000 1,081
Montgomery County TN Public Building Authority Pooled Financial Revenue        
(Tennessee County Loan Pool) VRDO 0.980% 5/1/17 LOC 3,300 3,300
Shelby County TN GO 4.750% 3/1/18 5,525 5,707
Shelby County TN GO 5.000% 4/1/19 (ETM) 100 108
Shelby County TN GO 5.000% 4/1/19 400 431
Shelby County TN GO 5.000% 4/1/24 2,000 2,419
Shelby County TN Health Educational & Housing Facility Board Revenue        
(Baptist Memorial Health Care) 5.000% 9/1/18 7,180 7,536
Shelby County TN Health Educational & Housing Facility Board Revenue        
(Baptist Memorial Health Care) 5.000% 9/1/19 2,000 2,162
Shelby County TN Health Educational & Housing Facility Board Revenue        
(Methodist Le Bonheur Healthcare) 5.000% 5/1/25 1,340 1,598
Shelby County TN Health Educational & Housing Facility Board Revenue        
(Methodist Le Bonheur Healthcare) 5.000% 5/1/28 1,330 1,579
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/17 39,340 39,860
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/18 57,705 60,583
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/21 50 56
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/22 10,135 11,391
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/24 10,960 12,486
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/25 5,815 6,679
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/26 1,550 1,836
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/27 18,000 21,025
Tennessee GO 5.000% 5/1/17 (Prere.) 2,075 2,076
Tennessee GO 5.000% 8/1/17 3,165 3,200
Tennessee GO 4.000% 8/1/18 2,500 2,597
Tennessee GO 5.000% 8/1/18 2,565 2,699
Tennessee GO 5.000% 8/1/19 2,165 2,362
Tennessee GO 5.000% 8/1/19 4,000 4,364
Tennessee GO 5.000% 8/1/20 2,500 2,813
Tennessee GO 5.000% 8/1/20 2,200 2,475
Tennessee GO 5.000% 8/1/21 3,420 3,956
Tennessee GO 5.000% 8/1/21 2,000 2,313
Tennessee GO 5.000% 8/1/22 2,000 2,365
Tennessee GO 5.000% 8/1/22 3,000 3,547
Tennessee GO 5.000% 8/1/23 3,525 4,251
Tennessee GO 5.000% 9/1/27 2,000 2,404
Tennessee GO 5.000% 9/1/27 4,300 5,168
Tennessee GO 5.000% 9/1/28 1,850 2,210
Tennessee Housing Development Agency Homeownership Program Revenue 4.500% 7/1/37 1,920 2,037
Tennessee School Bond Authority Higher Educational Facilities Revenue (2nd Program) 5.000% 11/1/22 3,000 3,538
Tennessee School Bond Authority Higher Educational Facilities Revenue (2nd Program) 5.000% 11/1/23 3,520 4,219
Tennessee School Bond Authority Higher Educational Facilities Revenue (2nd Program) 5.000% 11/1/24 2,500 3,034
Tennessee School Bond Authority Higher Educational Facilities Revenue (2nd Program) 5.000% 11/1/25 5,000 6,013
Tennessee School Bond Authority Higher Educational Facilities Revenue (2nd Program) 5.000% 11/1/26 2,055 2,450
Tennessee School Bond Authority Higher Educational Facilities Revenue (2nd Program) 5.000% 11/1/27 2,305 2,729
Tennessee School Bond Authority Higher Educational Facilities Revenue (2nd Program) 5.000% 11/1/28 1,555 1,827
Tennessee School Bond Authority Higher Educational Facilities Revenue (2nd Program) 5.000% 11/1/29 1,400 1,633
Tennessee School Bond Authority Higher Educational Facilities Revenue (2nd Program) 5.000% 11/1/31 1,500 1,741
Tennessee School Bond Authority Higher Educational Facilities Revenue (2nd Program) 5.000% 11/1/34 1,150 1,316
        426,343

 

206

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Texas (9.3%)        
Alamo TX Regional Mobility Authority Revenue 5.000% 6/15/26 2,670 3,186
Alamo TX Regional Mobility Authority Revenue 5.000% 6/15/27 1,500 1,780
Alamo TX Regional Mobility Authority Revenue 5.000% 6/15/29 3,090 3,608
Alamo TX Regional Mobility Authority Revenue 5.000% 6/15/31 3,055 3,526
Alamo TX Regional Mobility Authority Revenue 5.000% 6/15/33 3,755 4,290
Alamo TX Regional Mobility Authority Revenue 5.000% 6/15/34 3,945 4,486
Alamo TX Regional Mobility Authority Revenue 5.000% 6/15/35 4,140 4,689
Alamo TX Regional Mobility Authority Revenue 5.000% 6/15/36 4,350 4,913
Aldine TX Independent School District GO 5.000% 2/15/20 5,000 5,520
Aldine TX Independent School District GO 4.000% 2/15/31 12,120 13,035
Aldine TX Independent School District GO 4.000% 2/15/32 12,660 13,516
Alief TX Independent School District GO 5.000% 2/15/26 2,635 3,222
Allen TX Independent School District GO 5.000% 2/15/31 1,000 1,177
Allen TX Independent School District GO 5.000% 2/15/32 1,000 1,170
Arlington TX Independent School District GO 5.000% 2/15/20 1,705 1,885
Arlington TX Independent School District GO 5.000% 2/15/24 4,500 5,400
Austin TX Airport System Revenue 5.000% 11/15/33 2,000 2,314
Austin TX Airport System Revenue 5.000% 11/15/34 2,200 2,531
Austin TX Airport System Revenue 5.000% 11/15/37 4,500 5,122
Austin TX Combined Utility System Revenue 0.000% 5/15/18 (14) 24,215 23,938
Austin TX Community College District Public Facilities Corp. Lease Revenue 5.000% 8/1/23 1,250 1,456
Austin TX Community College District Public Facilities Corp. Lease Revenue 5.000% 8/1/24 1,000 1,178
Austin TX Community College District Public Facilities Corp. Lease Revenue 5.000% 8/1/25 1,500 1,779
Austin TX Community College District Public Facilities Corp. Lease Revenue 5.000% 8/1/26 1,000 1,183
Austin TX Community College District Public Facilities Corp. Lease Revenue 5.000% 8/1/28 1,750 2,040
Austin TX Electric Utility System Revenue 5.000% 11/15/25 4,750 5,486
Austin TX Electric Utility System Revenue 5.000% 11/15/33 6,015 7,051
Austin TX Electric Utility System Revenue 5.000% 11/15/34 3,935 4,588
Austin TX Electric Utility System Revenue 5.000% 11/15/35 3,000 3,484
Austin TX GO 5.000% 9/1/29 2,855 3,350
Austin TX GO 5.000% 9/1/30 1,240 1,449
Austin TX GO 5.000% 9/1/31 2,140 2,487
Austin TX GO 5.000% 9/1/33 4,315 4,969
Austin TX Independent School District GO 5.000% 8/1/25 3,000 3,654
Austin TX Independent School District GO 5.000% 8/1/30 1,225 1,436
Austin TX Water & Wastewater System Revenue 5.000% 11/15/21 2,500 2,751
Austin TX Water & Wastewater System Revenue 5.000% 11/15/21 350 405
Austin TX Water & Wastewater System Revenue 5.000% 11/15/30 5,000 5,783
Austin TX Water & Wastewater System Revenue 5.000% 11/15/31 4,000 4,616
Austin TX Water & Wastewater System Revenue 5.000% 11/15/32 10,705 12,253
Austin TX Water & Wastewater System Revenue 5.000% 11/15/32 10,000 11,786
Austin TX Water & Wastewater System Revenue 5.000% 11/15/33 11,410 13,005
Austin TX Water & Wastewater System Revenue 5.000% 11/15/33 5,000 5,861
Austin TX Water & Wastewater System Revenue 5.000% 11/15/34 12,075 13,705
Austin TX Water & Wastewater System Revenue 5.000% 11/15/34 5,545 6,465
Bexar County TX GO 5.000% 6/15/20 3,400 3,790
Camino Real Texas Mobility Authority Revenue 5.250% 2/15/19 12,595 13,003
Camino Real Texas Mobility Authority Revenue 5.250% 8/15/19 12,925 13,334
Camino Real Texas Mobility Authority Revenue 5.250% 2/15/20 13,265 13,674
Camino Real Texas Mobility Authority Revenue 5.250% 8/15/20 13,580 13,990
Camino Real Texas Mobility Authority Revenue 5.000% 2/15/21 500 502
Carrollton-Farmers Branch TX Independent School District GO 4.000% 2/15/20 5,060 5,455
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/18 250 256
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/19 735 777
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/20 1,550 1,683
Central Texas Regional Mobility Authority Revenue 5.750% 1/1/20 1,150 1,270
Central Texas Regional Mobility Authority Revenue 5.750% 1/1/20 (Prere.) 2,925 3,268
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/21 1,170 1,298
Central Texas Regional Mobility Authority Revenue 5.750% 1/1/21 (Prere.) 4,000 4,624
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/22 750 847
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/23 725 832
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/24 2,375 2,754
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/24 1,180 1,363
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/25 4,650 3,533
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/25 1,350 1,569
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/26 6,490 4,730
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/27 7,850 5,459
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/27 1,035 1,201
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/28 5,500 3,645
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/28 1,275 1,469

 

207

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/29 5,220 3,295
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/30 4,355 2,617
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/30 2,750 3,151
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/30 1,000 1,134
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/31 4,880 2,783
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/31 1,275 1,435
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/32 1,985 2,223
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/33 4,000 2,043
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/33 3,500 3,809
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/33 2,000 2,258
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/33 1,440 1,616
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/33 1,310 1,461
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/34 4,000 1,922
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/34 3,700 4,162
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/34 1,245 1,393
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/34 1,355 1,504
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/35 4,950 2,257
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/35 3,350 3,752
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/35 2,500 2,785
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/35 2,000 2,210
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/36 3,250 3,630
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/37 5,525 2,288
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/38 3,500 1,388
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/39 4,500 1,685
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/40 5,700 2,036
Clifton TX Higher Education Finance Corp. Revenue (Baylor University) 5.250% 3/1/25 5,080 5,753
Clifton TX Higher Education Finance Corp. Revenue (Baylor University) 5.250% 3/1/26 4,305 4,865
Clifton TX Higher Education Finance Corp. Revenue (Baylor University) 5.250% 3/1/27 5,995 6,766
Clifton TX Higher Education Finance Corp. Revenue (Baylor University) 5.250% 3/1/28 6,180 6,975
Clifton TX Higher Education Finance Corp. Revenue (Baylor University) 5.250% 3/1/29 3,190 3,600
Clifton TX Higher Education Finance Corp. Revenue (Baylor University) 5.250% 3/1/30 6,535 7,315
Conroe TX Independent School District GO 5.000% 2/15/26 8,190 9,242
Conroe TX Independent School District GO 5.000% 2/15/27 9,005 10,923
Conroe TX Independent School District GO 5.000% 2/15/28 7,650 9,199
Corpus Christi TX GO 4.000% 3/1/21 3,000 3,290
Corpus Christi TX GO 5.000% 3/1/24 6,180 7,369
Corpus Christi TX GO 5.000% 3/1/25 2,000 2,403
Corpus Christi TX GO 5.000% 3/1/29 5,235 6,025
Corpus Christi TX GO 5.000% 3/1/30 5,495 6,289
Corpus Christi TX GO 5.000% 3/1/31 5,770 6,576
Cypress-Fairbanks TX Independent School District GO 5.000% 2/15/20 2,720 3,007
Cypress-Fairbanks TX Independent School District GO 5.000% 2/15/23 9,695 11,492
Cypress-Fairbanks TX Independent School District GO 5.000% 2/15/25 5,000 6,069
Dallas County TX Community College GO 5.000% 2/15/20 6,950 7,685
Dallas County TX GO 5.000% 8/15/22 3,700 4,337
Dallas County TX GO 5.000% 8/15/23 3,170 3,777
Dallas County TX GO 5.000% 8/15/25 6,500 7,878
Dallas County TX Utility & Reclamation District GO 5.000% 2/15/24 8,000 9,381
Dallas County TX Utility & Reclamation District GO 5.000% 2/15/25 8,360 9,830
Dallas County TX Utility & Reclamation District GO 5.000% 2/15/26 8,000 9,435
Dallas County TX Utility & Reclamation District GO 5.000% 2/15/27 8,160 9,681
Dallas TX Area Rapid Transit Sales Tax Revenue 4.500% 12/1/18 (Prere.) 11,385 12,017
Dallas TX Area Rapid Transit Sales Tax Revenue 4.500% 12/1/18 (Prere.) 14,130 14,914
Dallas TX Area Rapid Transit Sales Tax Revenue 5.000% 12/1/27 2,295 2,666
Dallas TX Area Rapid Transit Sales Tax Revenue 5.000% 12/1/29 1,195 1,375
Dallas TX Area Rapid Transit Sales Tax Revenue 5.000% 12/1/30 2,160 2,479
Dallas TX Area Rapid Transit Sales Tax Revenue 5.000% 12/1/35 1,300 1,492
Dallas TX Civic Center Improvement Revenue 5.000% 8/15/23 (12) 9,880 10,630
Dallas TX Civic Center Improvement Revenue 5.000% 8/15/24 (12) 8,345 8,969
Dallas TX Civic Center Improvement Revenue 5.000% 8/15/25 (12) 5,050 5,422
Dallas TX Civic Center Improvement Revenue 5.000% 8/15/26 (12) 1,650 1,770
Dallas TX GO 5.000% 2/15/22 (ETM) 45 52
Dallas TX Independent School District GO 5.000% 2/15/24 17,450 19,725
Dallas TX Waterworks & Sewer System Revenue 5.000% 10/1/18 2,000 2,114
Dallas TX Waterworks & Sewer System Revenue 5.000% 10/1/21 10,000 11,521
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/28 7,335 8,185
Dallas-Fort Worth TX International Airport Revenue 5.250% 11/1/28 2,235 2,618
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/29 6,360 7,092
Dallas-Fort Worth TX International Airport Revenue 5.250% 11/1/29 14,950 17,446
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/30 14,195 16,037
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/30 6,680 7,435

 

208

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Dallas-Fort Worth TX International Airport Revenue 5.250% 11/1/30 12,500 14,547
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/31 7,750 8,737
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/32 5,775 6,488
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/33 9,000 10,077
Denton County TX GO 5.000% 7/15/21 1,500 1,721
Denton County TX GO 5.000% 7/15/24 1,500 1,816
Denton County TX GO 5.000% 7/15/25 1,555 1,901
Denton County TX GO 4.000% 7/15/32 3,000 3,251
Denton County TX GO 4.000% 7/15/33 2,000 2,154
Duncanville TX Independent School District GO 5.000% 2/15/30 10,785 12,651
Duncanville TX Independent School District GO 5.000% 2/15/31 11,120 12,967
El Paso TX GO 4.000% 8/15/30 3,400 3,660
El Paso TX GO 5.000% 8/15/31 4,000 4,666
El Paso TX GO 5.000% 8/15/32 3,625 4,203
El Paso TX GO 5.000% 8/15/34 4,570 5,243
El Paso TX GO 5.000% 8/15/35 4,795 5,476
El Paso TX GO 5.000% 8/15/36 4,000 4,554
El Paso TX GO 5.000% 8/15/36 5,035 5,733
El Paso TX Independent School District GO 5.000% 8/15/35 5,380 6,219
El Paso TX Independent School District GO 5.000% 8/15/36 5,000 5,762
El Paso TX Independent School District GO 5.000% 8/15/37 3,000 3,447
El Paso TX Water & Sewer Revenue 5.000% 3/1/25 1,050 1,261
Fort Bend County TX GO 5.000% 3/1/19 4,970 5,326
Fort Bend County TX GO 5.000% 3/1/20 2,500 2,764
Fort Bend County TX GO 5.000% 3/1/21 2,750 3,122
Fort Worth TX GO 4.000% 3/1/18 1,490 1,528
Fort Worth TX GO 5.000% 3/1/26 10,235 12,457
Fort Worth TX Water & Sewer Revenue 5.000% 2/15/21 5,000 5,682
Fort Worth TX Water & Sewer Revenue 5.000% 2/15/29 6,155 6,895
Fort Worth TX Water & Sewer Revenue 5.000% 2/15/30 6,430 7,176
Fort Worth TX Water & Sewer Revenue 5.000% 2/15/31 6,255 6,964
Frisco TX GO 5.000% 2/15/19 2,010 2,155
Frisco TX Independent School District GO 5.000% 8/15/24 4,000 4,837
Frisco TX Independent School District GO 5.000% 8/15/25 3,235 3,943
Garland TX Independent School District GO 5.000% 2/15/22 3,000 3,479
Grand Parkway Transportation Corp. Texas System Toll Revenue 0.000% 10/1/31 2,875 2,561
Grand Parkway Transportation Corp. Texas System Toll Revenue 0.000% 10/1/32 5,320 4,720
Grand Parkway Transportation Corp. Texas System Toll Revenue 0.000% 10/1/33 18,100 16,018
Grapevine-Colleyville TX Independent School District GO 5.000% 8/15/23 1,000 1,194
Grapevine-Colleyville TX Independent School District GO 5.000% 8/15/28 3,000 3,583
Harris County TX Cultural Education Facilities Finance Corp. Revenue        
(Methodist Hospital System) VRDO 0.870% 5/1/17 21,300 21,300
Harris County TX Cultural Education Facilities Finance Corp. Revenue        
(St. Luke’s Episcopal Health System) 5.000% 2/15/19 (ETM) 4,000 4,283
Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) 5.000% 10/1/23 2,000 2,370
Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) 5.000% 10/1/24 3,000 3,591
Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) 5.000% 10/1/28 3,110 3,652
Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) 5.000% 10/1/29 7,340 8,555
Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) 5.000% 10/1/30 2,185 2,530
Harris County TX Flood Control District GO 5.000% 10/1/26 6,000 7,160
Harris County TX Flood Control District GO 5.000% 10/1/27 5,000 5,928
Harris County TX Flood Control District GO 5.000% 10/1/28 3,000 3,529
Harris County TX Flood Control District GO 5.000% 10/1/29 2,000 2,336
Harris County TX Flood Control District GO 5.000% 10/1/29 10,000 11,886
Harris County TX GO 5.000% 10/1/17 4,000 4,071
Harris County TX GO 5.000% 10/1/17 4,705 4,788
Harris County TX GO 5.000% 10/1/18 4,090 4,324
Harris County TX GO 5.000% 10/1/20 1,020 1,149
Harris County TX GO 5.000% 10/1/21 8,000 9,014
Harris County TX GO 5.000% 8/15/25 4,000 4,838
Harris County TX GO 5.000% 10/1/25 8,000 9,800
Harris County TX GO 5.000% 10/1/25 5,755 7,025
Harris County TX GO 5.000% 8/15/26 2,500 3,049
Harris County TX GO 5.000% 10/1/27 6,335 7,627
Harris County TX GO 5.000% 10/1/28 6,660 7,950
Harris County TX GO 5.000% 10/1/29 6,490 7,687
Harris County TX GO 5.000% 10/1/30 5,405 6,376
Harris County TX GO 5.000% 8/15/34 3,120 3,558
Harris County TX GO 5.000% 10/1/35 4,215 4,849
Harris County TX GO 5.000% 10/1/36 6,545 7,508

 

209

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Harris County TX Health Facilities Development Corp. Hospital Revenue        
(Memorial Hermann Healthcare System) 7.000% 12/1/18 (Prere.) 5,000 5,475
Harris County TX Health Facilities Development Corp. Hospital Revenue        
(Texas Children’s Hospital) 5.000% 10/1/24 8,500 9,249
Harris County TX Health Facilities Development Corp. Revenue        
(Methodist Hospital System) VRDO 0.870% 5/1/17 11,350 11,350
Harris County TX Health Facilities Development Corp. Revenue        
(Methodist Hospital System) VRDO 0.870% 5/1/17 2,800 2,800
Harris County TX Metropolitan Transit Authority Revenue 5.000% 11/1/19 (Prere.) 5,665 6,200
Harris County TX Metropolitan Transit Authority Revenue 5.000% 11/1/19 (Prere.) 6,475 7,087
Harris County TX Metropolitan Transit Authority Revenue 5.000% 11/1/19 (Prere.) 3,000 3,283
3 Harris County TX Metropolitan Transit Authority Revenue TOB VRDO 1.020% 5/5/17 7,745 7,745
Harris County TX Metropolitan Transportation Authority Lease Revenue 5.625% 11/1/18 (Prere.) 4,535 4,851
Harris County TX Metropolitan Transportation Authority Lease Revenue 5.875% 11/1/18 (Prere.) 3,640 3,907
Harris County TX Metropolitan Transportation Authority Lease Revenue 6.000% 11/1/18 (Prere.) 4,295 4,618
Harris County TX Sports Authority Revenue 0.000% 11/15/23 (14) 7,000 5,557
Harris County TX Sports Authority Revenue 5.000% 11/15/24 1,480 1,728
Harris County TX Sports Authority Revenue 5.000% 11/15/25 1,000 1,160
Harris County TX Sports Authority Revenue 5.000% 11/15/26 1,000 1,157
Harris County TX Sports Authority Revenue 5.000% 11/15/27 1,530 1,759
Harris County TX Sports Authority Revenue 5.000% 11/15/28 5,100 5,880
Harris County TX Sports Authority Revenue 5.000% 11/15/29 12,000 13,749
Harris County TX Sports Authority Revenue 5.000% 11/15/30 5,000 5,704
Harris County TX Toll Road Revenue 5.000% 8/15/20 2,000 2,178
Harris County TX Toll Road Revenue 5.000% 8/15/25 3,375 3,882
Harris County TX Toll Road Revenue 5.000% 8/15/27 22,160 25,465
Harris County TX Toll Road Revenue 5.000% 8/15/32 4,000 4,669
Houston TX Airport System Revenue 5.000% 7/1/18 1,750 1,830
Houston TX Airport System Revenue 5.000% 7/1/19 1,750 1,833
Houston TX Airport System Revenue 5.000% 7/1/20 2,130 2,230
Houston TX Airport System Revenue 5.000% 7/1/25 1,000 1,128
Houston TX Airport System Revenue 5.000% 7/1/26 3,000 3,384
Houston TX Community College System Revenue 5.000% 4/15/21 (10) 3,145 3,155
Houston TX GO 5.000% 3/1/21 2,000 2,268
Houston TX GO 5.000% 3/1/22 5,000 5,785
Houston TX GO 5.000% 3/1/22 12,250 14,174
Houston TX GO 5.000% 3/1/23 4,000 4,692
Houston TX GO 5.000% 3/1/23 16,680 19,168
Houston TX GO 5.000% 3/1/24 1,860 2,203
Houston TX GO 5.000% 3/1/25 1,600 1,909
Houston TX GO 5.000% 3/1/26 10,000 11,780
Houston TX GO 5.000% 3/1/26 10,000 12,029
Houston TX GO 5.000% 3/1/27 9,750 11,619
Houston TX GO 5.000% 3/1/30 4,000 4,595
Houston TX GO 5.000% 3/1/31 5,180 5,975
Houston TX GO 5.000% 3/1/32 3,840 4,404
Houston TX Hotel Occupancy Tax & Special Revenue (Convention & Entertainment Facilities) 0.000% 9/1/17 (2) 13,760 13,706
Houston TX Hotel Occupancy Tax & Special Revenue (Convention & Entertainment Facilities) 0.000% 9/1/18 (2) 16,285 15,955
Houston TX Hotel Occupancy Tax & Special Revenue (Convention & Entertainment Facilities) 0.000% 9/1/21 (2) 22,720 20,219
Houston TX Hotel Occupancy Tax & Special Revenue (Convention & Entertainment Facilities) 5.000% 9/1/26 1,650 1,923
Houston TX Hotel Occupancy Tax & Special Revenue (Convention & Entertainment Facilities) 5.000% 9/1/28 2,090 2,404
Houston TX Hotel Occupancy Tax & Special Revenue (Convention & Entertainment Facilities) 5.000% 9/1/29 1,500 1,714
Houston TX Independent School District GO 5.000% 2/15/19 2,000 2,144
Houston TX Independent School District GO 5.000% 2/15/20 4,500 4,975
Houston TX Independent School District GO 5.000% 2/15/20 6,000 6,637
Houston TX Independent School District GO 5.000% 2/15/21 15,895 18,064
Houston TX Independent School District GO 5.000% 2/15/24 8,000 9,600
Houston TX Independent School District GO 5.000% 2/15/26 7,595 9,286
Houston TX Independent School District GO 5.000% 2/15/27 10,375 12,585
Houston TX Independent School District GO PUT 3.000% 6/1/18 60,420 61,705
Houston TX Independent School District GO PUT 1.375% 6/1/19 10,000 9,981
Houston TX Utility System Revenue 5.000% 5/15/21 2,945 3,360
Houston TX Utility System Revenue 5.000% 5/15/23 7,000 8,283
Houston TX Utility System Revenue 5.000% 11/15/23 3,000 3,579
Houston TX Utility System Revenue 5.000% 5/15/24 9,000 10,790
Houston TX Utility System Revenue 5.000% 5/15/25 5,000 5,921
Houston TX Utility System Revenue 5.000% 11/15/27 6,000 7,089
Houston TX Utility System Revenue 5.250% 11/15/29 13,250 15,066
Houston TX Utility System Revenue 5.000% 11/15/30 14,670 16,602
Houston TX Utility System Revenue 5.000% 11/15/30 8,020 9,076
Houston TX Utility System Revenue 5.000% 11/15/30 15,000 17,858

 

210

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Houston TX Utility System Revenue 4.000% 11/15/31 17,535 18,815
Houston TX Utility System Revenue 5.000% 11/15/31 10,000 11,317
Houston TX Utility System Revenue 5.000% 11/15/31 10,335 11,696
Houston TX Utility System Revenue 5.000% 11/15/32 10,000 11,317
Houston TX Utility System Revenue 5.000% 11/15/32 8,190 9,269
Houston TX Utility System Revenue 5.000% 11/15/34 3,800 4,335
Houston TX Utility System Revenue 5.000% 11/15/35 20,000 23,119
Houston TX Utility System Revenue 5.000% 11/15/36 20,040 23,094
1 Houston TX Utility System Revenue PUT 1.800% 5/1/20 10,000 9,997
Humble TX Independent School District GO 5.000% 2/15/21 5,125 5,824
Humble TX Independent School District GO 5.500% 2/15/24 14,235 17,565
Judson TX Independent School District 5.000% 2/1/23 2,000 2,364
Katy TX Independent School District GO 5.000% 2/15/18 1,450 1,498
Klein TX Independent School District GO 5.000% 8/1/35 2,000 2,321
Klein TX Independent School District GO 5.000% 8/1/37 3,000 3,461
Lake Travis TX Independent School District GO 5.000% 2/15/33 2,665 2,959
Lamar TX Consolidated Independent School District GO 5.000% 2/15/25 5,000 6,053
Laredo TX Community College District GO 5.000% 8/1/22 1,500 1,731
Laredo TX Community College District GO 5.000% 8/1/30 2,000 2,283
Laredo TX Community College District GO 5.000% 8/1/32 1,250 1,415
Laredo TX Community College District GO 5.000% 8/1/34 1,500 1,683
Laredo TX Independent School District GO 5.000% 8/1/24 4,340 5,227
Leander TX Independent School District GO 0.000% 8/16/24 8,500 7,198
Leander TX Independent School District GO 0.000% 8/16/25 10,000 8,085
Lone Star College System Texas GO 5.000% 2/15/21 3,650 4,142
Lone Star College System Texas GO 5.000% 2/15/21 1,140 1,294
Lone Star College System Texas GO 5.000% 2/15/27 1,790 2,170
Lower Colorado River Authority Texas Revenue 5.250% 5/15/19 (Prere.) 5 5
Lower Colorado River Authority Texas Revenue 5.250% 5/15/19 (Prere.) 5 5
Lower Colorado River Authority Texas Revenue 5.250% 5/15/19 (Prere.) 105 114
Lower Colorado River Authority Texas Revenue 5.250% 5/15/19 (Prere.) 5 5
Lower Colorado River Authority Texas Revenue 5.000% 5/15/29 10,000 10,999
Lower Colorado River Authority Texas Revenue 5.250% 5/15/29 2,380 2,565
Lower Colorado River Authority Texas Revenue 5.250% 5/15/29 9,070 9,765
Lower Colorado River Authority Texas Revenue 5.000% 5/15/30 4,000 4,385
Lower Colorado River Authority Texas Revenue 5.000% 5/15/30 10,000 10,865
Lower Colorado River Authority Texas Revenue 5.000% 5/15/32 13,955 15,586
Lower Colorado River Authority Texas Revenue 5.000% 5/15/33 8,500 9,459
Lower Colorado River Authority Texas Transmission Contract Revenue        
(LCRA Transmission Services Corp.) 5.000% 5/15/24 1,025 1,216
Lower Colorado River Authority Texas Transmission Contract Revenue        
(LCRA Transmission Services Corp.) 5.000% 5/15/24 2,220 2,634
Lower Colorado River Authority Texas Transmission Contract Revenue        
(LCRA Transmission Services Corp.) 5.000% 5/15/25 1,350 1,609
Lower Colorado River Authority Texas Transmission Contract Revenue        
(LCRA Transmission Services Corp.) 5.000% 5/15/31 1,635 1,870
Lower Colorado River Authority Texas Transmission Contract Revenue        
(LCRA Transmission Services Corp.) 5.000% 5/15/31 1,350 1,560
Lower Colorado River Authority Texas Transmission Contract Revenue        
(LCRA Transmission Services Corp.) 5.000% 5/15/32 1,400 1,593
Lubbock TX GO 5.000% 2/15/23 700 814
Lubbock TX GO 5.000% 2/15/27 5,735 6,442
Lubbock TX GO 5.000% 2/15/29 4,335 4,851
Lubbock TX GO 5.000% 2/15/30 6,660 7,415
Lubbock TX GO 4.000% 2/15/31 1,500 1,610
Lubbock TX GO 5.000% 2/15/31 4,120 4,587
Lubbock TX GO 4.000% 2/15/32 1,425 1,521
Lubbock TX GO 4.000% 2/15/33 1,000 1,060
Mesquite TX Health Facilities Development Corp. Retirement Facility Revenue        
(Christian Care CentersInc. Project) 5.125% 2/15/30 1,000 1,061
Montgomery County TX GO 5.000% 3/1/28 20,225 24,299
Montgomery County TX GO 5.000% 3/1/31 16,450 19,337
Montgomery County TX GO 5.000% 3/1/32 16,910 19,762
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(MRC Crestview Project) 4.000% 11/15/26 2,000 1,947
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(Wesleyan Homes Inc. Project) 5.000% 1/1/24 1,300 1,373
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(Wesleyan Homes Inc. Project) 5.250% 1/1/29 1,500 1,551
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(Wesleyan Homes Inc. Project) 5.500% 1/1/35 1,400 1,436

 

211

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Tarleton State University Project) 5.000% 4/1/29 725 778
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Tarleton State University Project) 5.000% 4/1/30 845 910
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Tarleton State University Project) 5.000% 4/1/35 1,000 1,058
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Texas A&M University Project) 5.000% 7/1/25 2,250 2,524
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Texas A&M University Project) 5.000% 7/1/30 12,500 13,518
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Texas A&M University Project) 5.000% 7/1/35 8,300 8,820
North East TX Independent School District GO 5.000% 8/1/19 11,455 12,475
North East TX Regional Mobility Authority Revenue 5.000% 1/1/25 1,350 1,532
North East TX Regional Mobility Authority Revenue 5.000% 1/1/26 1,415 1,613
North East TX Regional Mobility Authority Revenue 5.000% 1/1/27 1,485 1,682
North East TX Regional Mobility Authority Revenue 5.000% 1/1/28 1,560 1,755
North East TX Regional Mobility Authority Revenue 5.000% 1/1/29 1,640 1,832
North East TX Regional Mobility Authority Revenue 5.000% 1/1/30 1,470 1,629
North East TX Regional Mobility Authority Revenue 5.000% 1/1/36 9,000 9,743
North Harris County TX Regional Water Authority Revenue 5.125% 12/15/18 (Prere.) 7,410 7,894
North Harris County TX Regional Water Authority Revenue 5.125% 12/15/18 (Prere.) 5,895 6,280
North Harris County TX Regional Water Authority Revenue 5.125% 12/15/18 (Prere.) 5,250 5,593
North Harris County TX Regional Water Authority Revenue 5.125% 12/15/18 (Prere.) 6,225 6,632
North Harris County TX Regional Water Authority Revenue 5.125% 12/15/18 (Prere.) 8,920 9,503
North Harris County TX Regional Water Authority Revenue 5.125% 12/15/18 (Prere.) 8,040 8,565
North Texas Municipal Water District Water System Revenue 5.000% 9/1/18 3,925 4,137
North Texas Municipal Water District Water System Revenue 5.000% 9/1/20 6,935 7,789
North Texas Municipal Water District Water System Revenue 5.000% 9/1/21 7,275 8,380
North Texas Municipal Water District Water System Revenue 5.000% 9/1/22 6,000 7,054
North Texas Municipal Water District Water System Revenue 5.000% 9/1/23 7,000 8,361
North Texas Tollway Authority System Revenue 5.500% 1/1/18 4,000 4,124
North Texas Tollway Authority System Revenue 6.000% 1/1/18 (Prere.) 19,380 20,043
North Texas Tollway Authority System Revenue 6.000% 1/1/18 (Prere.) 36,270 37,512
North Texas Tollway Authority System Revenue 6.000% 1/1/18 (Prere.) 22,840 23,622
North Texas Tollway Authority System Revenue 6.000% 1/1/18 (Prere.) 17,275 17,866
North Texas Tollway Authority System Revenue 6.000% 1/1/18 (Prere.) 9,680 10,011
North Texas Tollway Authority System Revenue 6.000% 1/1/18 (Prere.) 3,855 3,987
North Texas Tollway Authority System Revenue 6.000% 1/1/18 (Prere.) 3,460 3,578
North Texas Tollway Authority System Revenue 6.000% 1/1/19 15,000 15,493
North Texas Tollway Authority System Revenue 6.000% 1/1/19 (Prere.) 2,620 2,835
North Texas Tollway Authority System Revenue 6.000% 1/1/20 2,720 2,807
North Texas Tollway Authority System Revenue 6.000% 1/1/21 5,085 5,243
North Texas Tollway Authority System Revenue 6.000% 1/1/22 3,205 3,307
North Texas Tollway Authority System Revenue 5.000% 1/1/23 7,750 9,050
North Texas Tollway Authority System Revenue 5.000% 1/1/23 1,865 2,167
North Texas Tollway Authority System Revenue 6.250% 2/1/23 46,470 51,753
North Texas Tollway Authority System Revenue 5.000% 1/1/24 9,000 10,630
North Texas Tollway Authority System Revenue 5.000% 1/1/24 1,400 1,650
North Texas Tollway Authority System Revenue 6.000% 1/1/24 2,425 2,496
North Texas Tollway Authority System Revenue 5.000% 1/1/25 8,000 9,313
North Texas Tollway Authority System Revenue 5.000% 1/1/25 3,300 3,929
North Texas Tollway Authority System Revenue 5.000% 1/1/25 2,000 2,375
North Texas Tollway Authority System Revenue 6.000% 1/1/25 1,360 1,405
North Texas Tollway Authority System Revenue 6.000% 1/1/25 625 644
North Texas Tollway Authority System Revenue 5.000% 1/1/26 10,000 11,688
North Texas Tollway Authority System Revenue 6.000% 1/1/26 540 556
North Texas Tollway Authority System Revenue 5.000% 1/1/27 4,100 4,770
North Texas Tollway Authority System Revenue 5.000% 1/1/27 2,000 2,338
North Texas Tollway Authority System Revenue 6.000% 1/1/27 490 505
North Texas Tollway Authority System Revenue 6.000% 1/1/28 600 648
North Texas Tollway Authority System Revenue 5.500% 9/1/28 1,250 1,449
North Texas Tollway Authority System Revenue 5.000% 1/1/29 5,000 5,729
North Texas Tollway Authority System Revenue 5.250% 9/1/29 4,130 4,732
North Texas Tollway Authority System Revenue 5.000% 1/1/30 5,250 6,000
North Texas Tollway Authority System Revenue 5.000% 9/1/30 9,000 10,209
North Texas Tollway Authority System Revenue 5.000% 9/1/30 3,150 3,573
North Texas Tollway Authority System Revenue 5.000% 1/1/31 5,000 5,652
North Texas Tollway Authority System Revenue 5.000% 1/1/31 11,040 12,545
North Texas Tollway Authority System Revenue 5.000% 1/1/31 12,400 13,725
North Texas Tollway Authority System Revenue 5.000% 1/1/31 15,180 17,303

 

212

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
North Texas Tollway Authority System Revenue 5.000% 9/1/31 28,500 32,266
North Texas Tollway Authority System Revenue 5.000% 9/1/31 4,000 4,529
North Texas Tollway Authority System Revenue 5.000% 1/1/32 16,290 18,318
North Texas Tollway Authority System Revenue 5.000% 1/1/32 3,595 4,140
North Texas Tollway Authority System Revenue 5.000% 1/1/32 48,000 54,465
North Texas Tollway Authority System Revenue 5.000% 1/1/33 10,225 11,446
North Texas Tollway Authority System Revenue 5.000% 1/1/33 43,500 49,137
North Texas Tollway Authority System Revenue 5.000% 1/1/34 1,500 1,712
North Texas Tollway Authority System Revenue 5.000% 1/1/34 33,000 37,108
North Texas Tollway Authority System Revenue 5.000% 1/1/35 6,500 7,281
North Texas Tollway Authority System Revenue 5.000% 1/1/35 1,000 1,136
North Texas Tollway Authority System Revenue 5.000% 1/1/36 1,800 2,039
Northside Independent School District Texas GO 4.000% 2/15/18 1,000 1,025
Northside Independent School District Texas GO 5.000% 2/15/23 3,110 3,679
Northside Independent School District Texas GO 5.000% 6/15/23 3,015 3,588
Northside Independent School District Texas GO 5.000% 2/15/24 5,000 6,000
Northwest Independent School District Texas GO 5.000% 2/15/25 10,000 12,106
Northwest Independent School District Texas GO 5.000% 2/15/26 6,380 7,669
Northwest TX Independent School District GO 4.000% 2/15/20 3,240 3,493
Pasadena TX GO 4.000% 2/15/29 1,000 1,089
Pasadena TX GO 4.000% 2/15/30 1,750 1,888
Plano TX Independent School District GO 5.000% 2/15/19 7,500 8,042
Plano TX Independent School District GO 5.000% 2/15/21 7,000 7,962
Red River TX Education Finance Corp. Revenue (Edwards University Project) 5.000% 6/1/25 1,000 1,153
Red River TX Education Finance Corp. Revenue (Edwards University Project) 5.000% 6/1/26 700 805
Red River TX Education Finance Corp. Revenue (Edwards University Project) 5.000% 6/1/27 900 1,028
Red River TX Education Finance Corp. Revenue (Edwards University Project) 5.000% 6/1/28 705 799
Red River TX Education Finance Corp. Revenue (Edwards University Project) 5.000% 6/1/29 1,420 1,597
Red River TX Education Finance Corp. Revenue (Edwards University Project) 4.000% 6/1/36 1,000 988
Richardson TX Independent School District GO 5.000% 2/15/21 3,000 3,412
Round Rock TX Independent School District GO 5.000% 8/1/19 5,360 5,830
SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue 5.250% 8/1/17 16,100 16,261
SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue 5.250% 8/1/18 18,985 19,873
SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue 5.500% 8/1/19 22,010 23,926
SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue 5.500% 8/1/20 9,465 10,555
SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue 5.500% 8/1/21 3,010 3,404
SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue 5.500% 8/1/23 200 234
SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue 5.500% 8/1/25 4,405 5,251
SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue 5.500% 8/1/27 910 1,110
Sabine River Authority TX Pollution Control Revenue (Southwestern Electric Power Co. Project) 4.950% 3/1/18 (14) 16,000 16,437
Sam Rayburn TX Municipal Power Agency Revenue 5.000% 10/1/20 1,000 1,107
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/20 5,860 6,474
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/22 20,000 23,230
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/23 40,000 47,280
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/24 15,515 18,606
San Antonio TX Electric & Gas Systems Revenue 4.000% 2/1/28 7,530 8,401
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/30 2,710 3,132
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/31 3,000 3,452
San Antonio TX Electric & Gas Systems Revenue 4.000% 2/1/32 16,950 18,197
San Antonio TX Electric & Gas Systems Revenue 4.000% 2/1/33 5,000 5,331
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/36 4,000 4,647
San Antonio TX GO 5.000% 8/1/17 (Prere.) 5,685 5,746
San Antonio TX GO 5.000% 8/1/17 (Prere.) 6,030 6,095
San Antonio TX GO 5.000% 2/1/23 12,630 14,959
San Antonio TX GO 5.000% 2/1/25 10,000 12,139
San Antonio TX GO 5.000% 2/1/26 5,800 6,995
San Antonio TX GO 5.000% 2/1/26 2,500 2,953
San Antonio TX GO 5.000% 2/1/27 4,915 5,885
San Antonio TX GO 5.000% 2/1/27 1,750 2,064
San Antonio TX GO 5.000% 2/1/28 1,000 1,170
San Antonio TX GO 5.000% 2/1/29 1,250 1,454
San Antonio TX Independent School District GO 5.000% 8/15/27 5,840 7,126
San Antonio TX Water Revenue 5.000% 5/15/33 6,210 7,262
San Antonio TX Water Revenue 5.000% 5/15/34 7,000 8,142
San Antonio TX Water Revenue 5.000% 5/15/35 6,500 7,525
Schertz-Cibolo-Universal City TX Independent School District GO 3.000% 2/1/18 2,060 2,092
Southwest Texas Higher Education Authority Inc. Revenue        
(Southern Methodist University Project) 5.000% 10/1/19 (Prere.) 9,100 9,950
Southwest Texas Higher Education Authority Inc. Revenue        
(Southern Methodist University Project) 5.000% 10/1/19 (Prere.) 4,375 4,784

 

213

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Southwest Texas Higher Education Authority Inc. Revenue        
(Southern Methodist University Project) 5.000% 10/1/19 (Prere.) 2,250 2,460
Spring Branch TX Independent School District GO 5.000% 2/1/20 7,000 7,730
Spring Branch TX Independent School District GO 5.000% 2/1/20 3,830 4,230
Spring Branch TX Independent School District GO 5.000% 2/1/21 2,500 2,838
Spring TX Independent School District GO 5.000% 8/15/24 5,080 6,121
Spring TX Independent School District GO 5.000% 8/15/25 3,655 4,437
Spring TX Independent School District GO 5.000% 8/15/28 7,850 9,375
Spring TX Independent School District GO 5.000% 8/15/29 4,315 5,121
Spring TX Independent School District GO 5.000% 8/15/32 6,165 7,208
Spring TX Independent School District GO 5.000% 8/15/33 8,565 10,014
Spring TX Independent School District GO 5.000% 8/15/34 8,995 10,461
Spring TX Independent School District GO 5.000% 8/15/35 6,000 6,935
Spring TX Independent School District GO 5.000% 8/15/36 6,915 7,969
Spring TX Independent School District GO 5.000% 8/15/37 5,000 5,745
Stephen F Austin TX State University Revenue 5.000% 10/15/25 600 717
Stephen F Austin TX State University Revenue 5.000% 10/15/26 1,400 1,679
Stephen F Austin TX State University Revenue 5.000% 10/15/29 1,000 1,170
Sugar Land TX GO 5.000% 2/15/30 3,445 3,777
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Baylor Scott & White Healthcare Project) 5.000% 11/15/28 3,750 4,434
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Baylor Scott & White Healthcare Project) 5.000% 11/15/29 5,500 6,451
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Baylor Scott & White Healthcare Project) 5.000% 11/15/30 3,000 3,491
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Baylor Scott & White Healthcare Project) 5.000% 11/15/31 1,500 1,734
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Baylor Scott & White Healthcare Project) 5.000% 11/15/32 2,750 3,162
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Baylor Scott & White Healthcare Project) 4.000% 11/15/34 3,000 3,087
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Baylor Scott & White Healthcare Project) 4.000% 11/15/35 3,500 3,585
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Baylor Scott & White Healthcare Project) 4.000% 11/15/36 2,000 2,043
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Methodist Hospitals of Dallas) 5.250% 10/1/31 21,880 25,123
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Scott & White Healthcare Project) 5.000% 8/15/20 (Prere.) 2,985 3,346
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Scott & White Healthcare Project) 5.000% 8/15/20 (Prere.) 13,495 15,128
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Scott & White Healthcare Project) 5.000% 8/15/20 (Prere.) 23,855 26,742
Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (CHRISTUS Health) 5.000% 7/1/17 8,570 8,629
Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (CHRISTUS Health) 5.000% 7/1/18 9,000 9,399
Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (CHRISTUS Health) 5.000% 7/1/19 9,455 10,190
Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (CHRISTUS Health) 6.250% 7/1/28 (12) 16,500 17,679
Temple TX GO 5.250% 8/1/17 (Prere.) 1,665 1,684
Temple TX GO 5.250% 8/1/17 (Prere.) 1,525 1,542
Texas A&M University System Permanent University Fund Revenue 5.000% 7/1/19 3,335 3,620
Texas A&M University System Revenue Board of Regents Revenue 5.000% 5/15/21 9,425 10,771
Texas A&M University System Revenue Board of Regents Revenue 5.000% 5/15/22 10,935 12,753
Texas A&M University System Revenue Financing System Revenue 5.000% 7/1/30 3,940 4,424
Texas GO 5.000% 8/1/17 3,165 3,199
Texas GO 5.000% 10/1/19 6,335 6,940
Texas GO 5.000% 10/1/20 3,845 4,338
Texas GO 5.000% 10/1/20 3,000 3,385
Texas GO 5.000% 4/1/21 5,150 5,877
Texas GO 5.000% 10/1/22 19,055 22,460
Texas GO 5.000% 10/1/24 4,000 4,852
Texas GO 5.000% 10/1/25 5,420 6,626
Texas GO 5.000% 10/1/26 8,000 9,636
Texas GO 5.000% 4/1/27 10,000 11,864
Texas GO 5.000% 10/1/27 33,600 39,742
Texas GO 5.000% 10/1/27 5,295 6,327
Texas GO 5.000% 10/1/28 31,975 37,550
Texas GO 5.000% 10/1/35 12,000 14,170
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.625% 12/15/17 16,305 16,711
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/20 5,000 5,588
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/21 6,000 6,846
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/21 10,510 11,786

 

214

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/22 4,400 5,034
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/22 3,645 4,148
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/23 8,000 9,026
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/23 1,650 1,898
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/25 5,000 5,550
Texas Municipal Gas Acquisition & Supply Corp. Revenue 6.250% 12/15/26 32,710 39,473
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/27 12,000 13,182
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/29 20,955 22,794
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/31 12,125 13,072
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/32 2,500 2,685
Texas Municipal Power Agency Revenue 0.000% 9/1/17 (ETM) 445 444
Texas Private Activity Surface Transportation Corp. Revenue 7.500% 12/31/31 32,000 36,480
Texas Private Activity Surface Transportation Corp. Revenue 7.500% 6/30/32 47,510 54,953
Texas Public Finance Authority GO 4.000% 10/1/33 3,500 3,779
Texas Public Finance Authority Revenue (Unemployment Compensation) 4.000% 1/1/18 2,550 2,557
Texas State University System Financing System Revenue 5.000% 3/15/25 750 879
Texas State University System Financing System Revenue 5.000% 3/15/27 1,200 1,393
Texas State University System Financing System Revenue 5.000% 3/15/28 3,870 4,309
Texas State University System Financing System Revenue 5.000% 3/15/30 3,255 3,631
Texas State University System Financing System Revenue 5.000% 3/15/31 4,480 4,997
Texas State University System Financing System Revenue 5.000% 3/15/33 1,500 1,760
Texas State University System Financing System Revenue 5.000% 3/15/34 1,200 1,399
Texas State University System Financing System Revenue 5.000% 3/15/35 1,500 1,741
Texas State University System Financing System Revenue 5.000% 3/15/36 1,500 1,735
Texas Transportation Commission GO 5.000% 4/1/20 9,500 10,565
Texas Transportation Commission GO 5.000% 10/1/20 14,910 16,821
Texas Transportation Commission GO 5.000% 4/1/21 4,800 5,477
Texas Transportation Commission GO 5.000% 4/1/21 5,500 6,276
Texas Transportation Commission GO 5.000% 10/1/21 3,500 4,042
Texas Transportation Commission GO 5.000% 4/1/22 14,000 16,334
Texas Transportation Commission GO 5.000% 4/1/22 10,245 11,953
Texas Transportation Commission GO 5.000% 4/1/22 5,000 5,834
Texas Transportation Commission GO 5.000% 10/1/22 7,000 8,251
Texas Transportation Commission GO 5.000% 10/1/23 13,000 15,568
Texas Transportation Commission GO 5.000% 4/1/24 6,000 7,223
Texas Transportation Commission GO 5.000% 10/1/24 20,670 25,071
Texas Transportation Commission GO 5.000% 4/1/25 10,050 12,052
Texas Transportation Commission GO 5.000% 10/1/25 16,250 19,864
Texas Transportation Commission GO 5.000% 10/1/25 33,700 40,734
Texas Transportation Commission GO 5.000% 4/1/26 13,550 16,186
Texas Transportation Commission GO 5.000% 10/1/32 12,145 14,570
1 Texas Transportation Commission GO PUT 1.280% 10/1/18 75,000 74,971
Texas Transportation Commission Revenue 5.000% 10/1/19 6,000 6,564
Texas Transportation Commission Revenue 5.000% 10/1/19 10,000 10,939
Texas Transportation Commission Revenue 5.000% 4/1/20 5,000 5,551
Texas Transportation Commission Revenue 5.000% 10/1/20 20,750 23,365
Texas Transportation Commission Revenue 5.000% 4/1/21 21,245 24,243
Texas Transportation Commission Revenue 5.000% 4/1/22 13,490 15,739
Texas Transportation Commission Revenue 5.000% 4/1/23 4,500 5,341
Texas Transportation Commission Revenue 5.000% 10/1/24 35,000 42,453
Texas Transportation Commission Revenue 5.000% 10/1/25 25,355 30,994
Texas Transportation Commission Revenue PUT 4.000% 10/1/21 11,500 12,636
Texas Transportation Commission Turnpike System Revenue 5.000% 8/15/29 4,000 4,508
Texas Transportation Commission Turnpike System Revenue 5.000% 8/15/30 10,375 11,637
Texas Transportation Commission Turnpike System Revenue 5.000% 8/15/31 36,155 40,409
Texas Transportation Commission Turnpike System Revenue 5.000% 8/15/32 15,000 16,921
Texas Transportation Commission Turnpike System Revenue 5.000% 8/15/32 40,730 45,326
Texas Transportation Commission Turnpike System Revenue 5.000% 8/15/33 54,915 60,885
Texas Transportation Commission Turnpike System Revenue 5.000% 8/15/34 10,135 11,188
Texas Turnpike Authority Central Texas Turnpike System Revenue 0.000% 8/15/20 (ETM) 3,515 3,356
Texas Turnpike Authority Central Texas Turnpike System Revenue 0.000% 8/15/20 (2) 6,485 6,123
Texas Water Development Board Revenue 4.000% 4/15/20 2,300 2,489
Texas Water Development Board Revenue 5.000% 4/15/20 3,185 3,539
Texas Water Development Board Revenue 5.000% 7/15/20 3,800 4,133
Texas Water Development Board Revenue 5.000% 10/15/20 1,000 1,127
Texas Water Development Board Revenue 5.000% 4/15/21 4,950 5,650
Texas Water Development Board Revenue 5.000% 4/15/21 3,000 3,424
Texas Water Development Board Revenue 5.000% 10/15/21 3,300 3,811
Texas Water Development Board Revenue 5.000% 10/15/31 8,000 9,417
Texas Water Financial Assistance GO 5.000% 8/1/20 2,000 2,179
Tomball TX Independent School District GO 5.000% 2/15/19 3,210 3,438

 

215

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Tomball TX Independent School District GO 5.000% 2/15/23 5,000 5,914
Tomball TX Independent School District GO 5.000% 2/15/24 10,000 12,038
University of Houston Texas Revenue 4.750% 2/15/18 (Prere.) 930 959
University of Houston Texas Revenue 5.000% 2/15/21 (Prere.) 255 290
University of Houston Texas Revenue 4.750% 2/15/28 (4) 1,255 1,288
University of Houston Texas Revenue 4.000% 2/15/29 4,340 4,674
University of Houston Texas Revenue 5.000% 2/15/29 4,745 5,326
University of Houston Texas Revenue 4.000% 2/15/31 4,865 5,149
University of Houston Texas Revenue 4.000% 2/15/32 4,875 5,121
University of North Texas Revenue 5.000% 4/15/32 3,435 4,042
University of North Texas Revenue 5.000% 4/15/33 1,000 1,170
University of North Texas Revenue 5.000% 4/15/34 1,125 1,309
University of North Texas Revenue 5.000% 4/15/35 1,665 1,928
University of Texas Permanent University Fund Revenue 5.000% 7/1/19 24,000 26,049
University of Texas Permanent University Fund Revenue 5.000% 7/1/25 8,095 9,864
University of Texas Permanent University Fund Revenue 5.000% 7/1/26 6,250 7,584
University of Texas Permanent University Fund Revenue 5.000% 7/1/26 5,500 6,773
University of Texas Permanent University Fund Revenue 5.000% 7/1/27 5,000 6,109
University of Texas System Revenue Financing System Revenue 5.000% 8/15/18 1,540 1,621
University of Texas System Revenue Financing System Revenue 5.000% 8/15/19 2,725 2,970
University of Texas System Revenue Financing System Revenue 5.000% 8/15/20 2,700 3,030
University of Texas System Revenue Financing System Revenue 5.000% 8/15/20 4,370 4,906
University of Texas System Revenue Financing System Revenue 5.000% 8/15/20 6,300 7,073
University of Texas System Revenue Financing System Revenue 5.000% 8/15/21 4,110 4,730
University of Texas System Revenue Financing System Revenue 5.000% 8/15/21 4,500 5,179
University of Texas System Revenue Financing System Revenue 5.000% 8/15/22 5,000 5,875
University of Texas System Revenue Financing System Revenue 5.000% 8/15/23 9,000 10,772
University of Texas System Revenue Financing System Revenue 5.000% 8/15/31 9,835 11,354
University of Texas System Revenue Financing System Revenue 5.000% 8/15/32 4,180 4,814
University of Texas System Revenue Financing System Revenue VRDO 0.880% 5/5/17 50,000 50,000
Williamson County TX GO 5.000% 2/15/23 6,000 6,951
Ysleta TX Independent School District GO 5.000% 8/15/34 1,750 2,041
Ysleta TX Independent School District GO 5.000% 8/15/35 2,080 2,415
Ysleta TX Independent School District GO 5.000% 8/15/37 2,350 2,712
        4,854,477
Utah (0.4%)        
Alpine UT School District GO 5.000% 3/15/20 12,135 13,474
Central Utah Water Conservancy District GO 5.000% 4/1/26 6,155 6,957
Central Utah Water Conservancy District GO 5.000% 4/1/27 4,000 4,524
Central Utah Water Conservancy District GO 5.000% 4/1/28 765 863
Central Utah Water Conservancy District GO 5.000% 4/1/28 3,000 3,391
Central Utah Water Conservancy District GO 5.000% 4/1/29 7,000 7,906
Central Utah Water Conservancy District GO 5.000% 10/1/32 5,640 6,471
Intermountain Power Agency Utah Power Supply Revenue 5.000% 7/1/22 2,000 2,093
Intermountain Power Agency Utah Power Supply Revenue 5.000% 7/1/23 1,045 1,094
Riverton UT Hospital Revenue (IHC Health Services Inc.) 5.000% 8/15/19 2,100 2,281
Salt Lake & Sandy UT Metropolitan Water District Revenue 5.000% 7/1/32 2,000 2,282
Salt Lake City UT Airport Revenue 5.000% 7/1/33 1,680 1,969
Salt Lake City UT Airport Revenue 5.000% 7/1/34 1,650 1,923
Salt Lake City UT Airport Revenue 5.000% 7/1/36 1,300 1,502
Salt Lake City UT Airport Revenue 5.000% 7/1/37 1,600 1,844
Utah Associated Municipal Power Systems Revenue (Horse Butte Wind Project) 5.000% 9/1/27 4,060 4,600
Utah Associated Municipal Power Systems Revenue (Horse Butte Wind Project) 5.000% 9/1/28 4,260 4,807
Utah Board of Regents Student Loan Revenue 5.000% 11/1/22 10,800 12,009
Utah Board of Regents Student Loan Revenue 5.000% 11/1/23 4,200 4,658
Utah GO 4.500% 7/1/19 11,200 12,046
Utah GO 5.000% 7/1/19 19,000 20,640
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/26 1,350 1,594
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/27 2,230 2,618
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/28 2,250 2,622
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/29 9,005 10,428
Utah Transit Authority Sales Tax Revenue 4.000% 12/15/29 3,100 3,334
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/30 6,680 7,700
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/31 4,515 5,180
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/32 10,330 11,794
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/33 10,510 11,943
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/34 7,105 8,036
Washington County UT School District GO 5.000% 3/1/21 6,150 7,012
        189,595

 

216

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Vermont (0.1%)        
Vermont Educational & Health Buildings Financing Agency Hospital Revenue        
(Fletcher Allen Health Care Project) 5.000% 6/1/18 (Prere.) 8,000 8,352
Vermont Educational & Health Buildings Financing Agency Revenue (Champlain College Project) 5.000% 10/15/31 1,180 1,278
Vermont Educational & Health Buildings Financing Agency Revenue (Champlain College Project) 5.000% 10/15/32 1,290 1,391
Vermont Educational & Health Buildings Financing Agency Revenue (Champlain College Project) 5.000% 10/15/33 1,405 1,506
Vermont Educational & Health Buildings Financing Agency Revenue (Champlain College Project) 5.000% 10/15/34 1,530 1,635
Vermont Educational & Health Buildings Financing Agency Revenue (Champlain College Project) 5.000% 10/15/35 2,660 2,846
Vermont Educational & Health Buildings Financing Agency Revenue (Champlain College Project) 5.000% 10/15/36 2,795 2,981
Vermont Educational & Health Buildings Financing Agency Revenue (Middlebury College Project) 5.000% 11/1/31 4,130 4,707
Vermont Educational & Health Buildings Financing Agency Revenue        
(University of Vermont Health Network) 5.000% 12/1/34 7,840 8,742
        33,438
Virgin Islands (0.0%)        
Virgin Islands Public Finance Authority Revenue 5.000% 10/1/18 4,500 4,180
 
Virginia (1.9%)        
Arlington County VA GO 5.000% 8/15/19 1,000 1,090
Chesapeake VA GO 5.000% 8/1/26 3,670 4,552
Chesapeake VA GO 5.000% 8/1/29 3,045 3,755
Chesapeake VA Toll Road Revenue 5.000% 7/15/23 1,600 1,801
Chesterfield County VA Water & Sewer Revenue 5.000% 11/1/21 3,860 4,476
Chesterfield County VA Water & Sewer Revenue 5.000% 11/1/22 6,000 7,104
Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) 5.000% 10/1/22 7,945 9,338
Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) 5.000% 10/1/24 5,195 6,265
Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) 5.000% 10/1/33 2,000 2,293
Fairfax County VA Economic Development Authority Transportation District        
Improvement Revenue (Silver Line Phase I Project) 5.000% 4/1/20 (Prere.) 5,000 5,547
Fairfax County VA Economic Development Authority Transportation District        
Improvement Revenue (Silver Line Phase I Project) 5.000% 4/1/20 (Prere.) 4,890 5,425
Fairfax County VA Economic Development Authority Transportation District        
Improvement Revenue (Silver Line Phase I Project) 5.000% 4/1/20 (Prere.) 9,730 10,794
Fairfax County VA GO 4.000% 10/1/19 5,800 6,211
Fairfax County VA GO 5.000% 10/1/20 6,000 6,768
Fairfax County VA GO 5.000% 10/1/21 1,000 1,157
Fairfax County VA GO 5.000% 10/1/23 10,000 12,043
Fairfax County VA GO 5.000% 10/1/24 10,000 12,230
Fairfax County VA GO 4.000% 10/1/25 4,000 4,606
Fairfax County VA GO 5.000% 10/1/25 5,000 6,156
Fairfax County VA GO 4.000% 10/1/30 11,420 12,752
Fairfax County VA GO 4.000% 10/1/31 11,420 12,663
Fairfax County VA GO 4.000% 10/1/32 10,000 10,979
Fairfax County VA Industrial Development Authority Health Care Revenue        
(Inova Health System Obligated Group) 5.000% 5/15/25 2,000 2,151
Fairfax County VA Public Improvement GO 5.000% 4/1/20 10,940 12,160
Fairfax County VA Public Improvement GO 5.000% 10/1/21 4,315 4,994
Fairfax County VA Public Improvement GO 5.000% 10/1/21 (Prere.) 7,315 8,436
Fairfax County VA Public Improvement GO 5.000% 4/1/23 10,465 12,487
Fairfax County VA Water Authority Revenue 5.000% 4/1/25 2,500 2,890
Fredericksburg VA Economic Development Authority Hospital Facilities Revenue        
(MediCorp Health System Obligated Group) 5.250% 6/15/23 2,500 2,832
Hampton VA GO 5.000% 1/15/20 3,000 3,206
Henrico County VA GO 5.000% 7/15/21 4,900 5,642
Henrico County VA Water & Sewer Revenue 5.000% 5/1/28 3,175 3,878
Newport News VA Economical Development Authority Residential Care Facilities Revenue 5.000% 12/1/24 1,720 1,869
Newport News VA Economical Development Authority Residential Care Facilities Revenue 5.000% 12/1/25 1,750 1,901
Norfolk VA Water Revenue 5.000% 11/1/19 2,615 2,868
Richmond VA Public Utility Revenue 5.000% 1/15/28 4,000 4,805
Richmond VA Public Utility Revenue 5.000% 1/15/29 10,000 11,944
Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) 5.000% 7/1/21 2,500 2,845
Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) 5.000% 7/1/22 3,040 3,528
Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) 5.000% 7/1/25 1,400 1,586
Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) 5.000% 7/1/25 10,375 11,392
Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) 5.000% 7/1/26 1,475 1,661
Stafford County VA Economic Development Authority Hospital Facilities Revenue        
(Mary Washington Healthcare Obligated Group) 5.000% 6/15/25 1,000 1,166
Stafford County VA Economic Development Authority Hospital Facilities Revenue        
(Mary Washington Healthcare Obligated Group) 5.000% 6/15/26 1,700 1,982
Stafford County VA Economic Development Authority Hospital Facilities Revenue        
(Mary Washington Healthcare Obligated Group) 5.000% 6/15/27 1,500 1,734

 

217

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Stafford County VA Economic Development Authority Hospital Facilities Revenue        
(Mary Washington Healthcare Obligated Group) 5.000% 6/15/28 1,550 1,779
Stafford County VA Economic Development Authority Hospital Facilities Revenue        
(Mary Washington Healthcare Obligated Group) 5.000% 6/15/33 1,000 1,110
Stafford County VA Economic Development Authority Hospital Facilities Revenue        
(Mary Washington Healthcare Obligated Group) 5.000% 6/15/34 2,500 2,764
Stafford County VA Economic Development Authority Hospital Facilities Revenue        
(Mary Washington Healthcare Obligated Group) 5.000% 6/15/35 2,500 2,752
Suffolk VA GO 5.000% 2/1/23 5,000 5,940
Virginia Beach VA Development Authority Public Facility Revenue 5.000% 7/15/17 (Prere.) 5,955 6,007
Virginia Beach VA Development Authority Public Facility Revenue 5.000% 7/15/17 (Prere.) 5,665 5,714
Virginia Beach VA Development Authority Public Facility Revenue 5.000% 7/15/17 (Prere.) 5,335 5,382
Virginia Beach VA Development Authority Public Facility Revenue 5.000% 7/15/17 (Prere.) 5,125 5,170
Virginia Beach VA GO 4.000% 9/15/20 6,195 6,774
Virginia Beach VA GO 5.000% 5/1/22 4,300 5,038
Virginia Beach VA GO 5.000% 5/1/23 4,300 5,134
Virginia Beach VA GO 5.000% 5/1/24 4,300 5,215
Virginia College Building Authority Educational Facilities Revenue        
(21st Century College & Equipment Programs) 5.000% 2/1/19 18,575 19,870
Virginia College Building Authority Educational Facilities Revenue        
(21st Century College & Equipment Programs) 5.000% 2/1/19 10,415 11,141
Virginia College Building Authority Educational Facilities Revenue        
(21st Century College & Equipment Programs) 5.000% 2/1/20 17,655 19,504
Virginia College Building Authority Educational Facilities Revenue        
(21st Century College & Equipment Programs) 5.000% 2/1/21 17,540 19,926
Virginia College Building Authority Educational Facilities Revenue        
(21st Century College & Equipment Programs) 5.000% 2/1/22 1,000 1,162
Virginia College Building Authority Educational Facilities Revenue        
(21st Century College & Equipment Programs) 5.000% 2/1/28 5,840 6,581
Virginia College Building Authority Educational Facilities Revenue        
(21st Century College & Equipment Programs) 4.000% 2/1/30 4,080 4,412
Virginia College Building Authority Educational Facilities Revenue        
(21st Century College & Equipment Programs) 4.000% 2/1/31 18,000 19,319
Virginia College Building Authority Educational Facilities Revenue        
(21st Century College & Equipment Programs) 4.000% 2/1/32 20,225 21,531
Virginia College Building Authority Educational Facilities Revenue        
(21st Century College & Equipment Programs) 4.000% 2/1/33 21,035 22,245
Virginia College Building Authority Educational Facilities Revenue        
(Public Higher Education Financing Program) 5.000% 9/1/19 2,000 2,182
Virginia College Building Authority Educational Facilities Revenue        
(Public Higher Education Financing Program) 5.000% 9/1/20 3,715 4,172
Virginia College Building Authority Educational Facilities Revenue        
(Public Higher Education Financing Program) 5.000% 9/1/22 18,000 21,161
Virginia College Building Authority Educational Facilities Revenue        
(Public Higher Education Financing Program) 4.000% 9/1/30 4,515 4,903
Virginia College Building Authority Educational Facilities Revenue        
(Public Higher Education Financing Program) 4.000% 9/1/31 3,710 3,998
Virginia College Building Authority Educational Facilities Revenue        
(Public Higher Education Financing Program) 4.000% 9/1/32 4,900 5,255
Virginia Commonwealth Transportation Board Revenue 4.000% 3/15/18 2,360 2,424
Virginia Commonwealth Transportation Board Revenue 5.000% 9/15/19 7,475 8,164
Virginia Commonwealth Transportation Board Revenue 5.000% 3/15/20 2,500 2,771
Virginia Commonwealth Transportation Board Revenue 5.000% 9/15/20 5,000 5,622
Virginia Commonwealth Transportation Board Revenue 5.000% 3/15/21 4,400 5,012
Virginia Commonwealth Transportation Board Revenue 5.000% 9/15/21 2,000 2,306
Virginia Commonwealth Transportation Board Revenue 5.000% 3/15/22 2,000 2,325
Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/23 10,000 11,941
Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/23 7,960 9,505
Virginia Commonwealth Transportation Board Revenue 5.000% 3/15/24 2,790 3,286
Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/24 21,000 24,428
Virginia Commonwealth Transportation Board Revenue 5.000% 9/15/24 1,800 2,117
Virginia Commonwealth Transportation Board Revenue 5.000% 9/15/25 5,035 5,900
Virginia Commonwealth Transportation Board Revenue 5.000% 3/15/26 5,040 5,906
Virginia Commonwealth Transportation Board Revenue 5.000% 3/15/26 9,155 11,206
Virginia Commonwealth Transportation Board Revenue 5.000% 9/15/26 2,000 2,341
Virginia Commonwealth Transportation Board Revenue 5.000% 9/15/26 10,325 12,710
Virginia Commonwealth Transportation Board Revenue 5.000% 3/15/27 2,100 2,455
Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/27 13,765 15,620
Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/27 12,560 14,333
Virginia Commonwealth Transportation Board Revenue 5.000% 9/15/27 5,260 6,146
Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/30 30,140 33,960

 

218

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Virginia Commonwealth Transportation Board Revenue 5.000% 9/15/30 2,000 2,390
Virginia Commonwealth Transportation Board Revenue 4.000% 5/15/31 7,000 7,497
Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/31 31,550 35,482
Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/31 10,000 11,408
Virginia Commonwealth Transportation Board Revenue 4.000% 5/15/32 11,855 12,720
Virginia GO 4.000% 6/1/19 14,380 15,276
Virginia GO 4.000% 6/1/20 14,530 15,789
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/19 8,290 9,020
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/19 11,000 11,969
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/20 8,715 9,769
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/20 7,660 8,586
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/21 9,165 10,546
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/21 8,055 9,269
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/21 (Prere.) 11,540 13,274
Virginia Public Building Authority Public Facilities Revenue 5.000% 8/1/24 8,500 10,285
Virginia Public School Authority Revenue 4.000% 8/1/18 4,815 4,999
Virginia Public School Authority Revenue 5.000% 3/1/19 3,705 3,976
Virginia Public School Authority Revenue 4.000% 8/1/20 8,000 8,710
Virginia Public School Authority Revenue 5.000% 8/1/20 2,500 2,720
Virginia Public School Authority Revenue 5.000% 3/1/21 3,670 4,184
Virginia Public School Authority Revenue 5.000% 3/1/22 3,780 4,409
Virginia Public School Authority Revenue 5.000% 8/1/26 6,500 8,062
Virginia Public School Authority Revenue 5.000% 8/1/29 8,500 10,308
Virginia Public School Authority School Technology & Security Notes Revenue 5.000% 4/15/20 5,000 5,558
Virginia Public School Authority School Technology & Security Notes Revenue 5.000% 4/15/20 13,570 15,084
Virginia Public School Authority School Technology & Security Notes Revenue 5.000% 4/15/21 11,000 12,565
Virginia Resources Authority Clean Water Revenue (State Revolving Fund) 5.000% 10/1/22 7,760 9,163
Virginia Resources Authority Clean Water Revenue (State Revolving Fund) 5.000% 10/1/22 8,500 10,032
Virginia Resources Authority Clean Water Revenue (State Revolving Fund) 5.000% 10/1/23 5,845 7,011
Virginia Resources Authority Clean Water Revenue (State Revolving Fund) 5.000% 10/1/23 9,985 12,004
Virginia Resources Authority Infrastructure Revenue 5.000% 11/1/20 3,625 4,094
Winchester VA Economic Development Authority Hospital Revenue        
(Valley Health Obligated Group) 5.000% 1/1/31 3,000 3,455
Winchester VA Economic Development Authority Hospital Revenue        
(Valley Health Obligated Group) 5.000% 1/1/32 2,115 2,417
Winchester VA Economic Development Authority Hospital Revenue        
(Valley Health Obligated Group) 5.000% 1/1/33 2,500 2,836
Winchester VA Economic Development Authority Hospital Revenue        
(Valley Health Obligated Group) 5.000% 1/1/34 3,000 3,392
        1,010,840
Washington (2.7%)        
Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue 5.000% 11/1/25 1,000 1,230
Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue 5.000% 11/1/27 1,250 1,540
Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue 5.000% 11/1/28 1,000 1,220
Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue 5.000% 11/1/29 1,250 1,512
Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue 5.000% 11/1/30 2,190 2,638
Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue 5.000% 11/1/31 1,500 1,795
Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue 5.000% 11/1/32 2,500 2,961
Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue 5.000% 11/1/33 2,500 2,945
Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue 5.000% 11/1/34 4,505 5,282
Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue 5.000% 11/1/36 3,420 3,979
3 Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue TOB VRDO 0.920% 5/1/17 10,100 10,100
Energy Northwest Washington Electric Revenue (Columbia Generating Station) 5.000% 7/1/19 25,500 27,666
Energy Northwest Washington Electric Revenue (Columbia Generating Station) 5.000% 7/1/20 20,100 22,472
Energy Northwest Washington Electric Revenue (Columbia Generating Station) 5.000% 7/1/22 3,250 3,808
Energy Northwest Washington Electric Revenue (Columbia Generating Station) 5.000% 7/1/23 3,500 4,169
Energy Northwest Washington Electric Revenue (Columbia Generating Station) 5.000% 7/1/24 1,250 1,509
Energy Northwest Washington Electric Revenue (Columbia Generating Station) 5.000% 7/1/30 3,250 3,818
Energy Northwest Washington Electric Revenue (Columbia Generating Station) 5.000% 7/1/30 6,000 6,992
Energy Northwest Washington Electric Revenue (Columbia Generating Station) 5.000% 7/1/31 10,000 11,590
Energy Northwest Washington Electric Revenue (Columbia Generating Station) 5.000% 7/1/31 1,000 1,168
Energy Northwest Washington Electric Revenue (Columbia Generating Station) 5.000% 7/1/32 5,000 5,767
Energy Northwest Washington Electric Revenue (Project No. 1) 5.000% 7/1/24 1,615 1,949
Energy Northwest Washington Electric Revenue (Project No. 1) 5.000% 7/1/25 12,500 15,210
Energy Northwest Washington Electric Revenue (Project No. 1) 5.000% 7/1/25 5,385 6,552
Energy Northwest Washington Electric Revenue (Project No. 1) 5.000% 7/1/26 13,000 14,778
Energy Northwest Washington Electric Revenue (Project No. 1) 5.000% 7/1/27 19,000 22,555
Energy Northwest Washington Electric Revenue (Project No. 3) 5.000% 7/1/27 19,750 24,047
Energy Northwest Washington Electric Revenue (Project No. 3) 5.000% 7/1/28 13,000 15,314
Grays Harbor County WA Public Utility District No. 1 Revenue 5.000% 1/1/27 1,000 1,165
Grays Harbor County WA Public Utility District No. 1 Revenue 5.000% 1/1/28 1,000 1,160

 

219

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Grays Harbor County WA Public Utility District No. 1 Revenue 5.000% 1/1/29 1,200 1,382
Grays Harbor County WA Public Utility District No. 1 Revenue 5.000% 1/1/30 1,575 1,802
Grays Harbor County WA Public Utility District No. 1 Revenue 5.000% 1/1/31 1,625 1,849
King County WA (Bellevue School District) GO 5.000% 6/1/21 (Prere.) 18,200 20,852
King County WA (Bellevue School District) GO 5.000% 6/1/21 (Prere.) 17,335 19,861
King County WA (Bellevue School District) GO 5.000% 6/1/21 (Prere.) 16,505 18,910
King County WA GO 5.000% 7/1/20 5,075 5,679
King County WA GO 4.750% 1/1/34 3,075 3,148
King County WA School District No. 405 GO 5.000% 12/1/23 4,200 5,049
King County WA School District No. 414 GO 5.000% 6/1/19 1,620 1,752
King County WA School District No. 414 GO 5.000% 12/1/19 4,815 5,290
King County WA School District No. 414 GO 5.000% 12/1/20 5,615 6,340
King County WA School District No. 414 GO 5.000% 12/1/21 7,910 9,144
King County WA Sewer Revenue 5.000% 1/1/20 4,000 4,410
King County WA Sewer Revenue 4.000% 7/1/32 5,450 5,816
King County WA Sewer Revenue 4.000% 7/1/32 7,225 7,659
King County WA Sewer Revenue 4.000% 7/1/33 12,500 13,248
2 Northwest Energy Washington Electric Revenue (Bonneville Power Administration) 5.000% 7/1/28 8,500 9,807
2 Northwest Energy Washington Electric Revenue (Columbia Generating Station) 5.000% 7/1/33 7,000 8,285
2 Northwest Energy Washington Electric Revenue (Columbia Generating Station) 5.000% 7/1/34 6,000 7,061
2 Northwest Energy Washington Electric Revenue (Columbia Generating Station) 5.000% 7/1/35 13,000 15,225
Pierce County WA School District No. 10 (Tacoma) GO 3.000% 6/1/17 2,000 2,004
Pierce County WA School District No. 10 (Tacoma) GO 5.000% 12/1/17 3,000 3,074
Pierce County WA School District No. 10 (Tacoma) GO 4.000% 6/1/20 2,000 2,170
Pierce County WA School District No. 10 (Tacoma) GO 5.000% 12/1/20 3,600 4,070
Port of Seattle WA Passenger Facility Charge Revenue 5.000% 12/1/17 1,000 1,024
Port of Seattle WA Passenger Facility Charge Revenue 5.000% 12/1/20 3,000 3,349
Port of Seattle WA Passenger Facility Charge Revenue 5.000% 12/1/22 5,525 6,166
Port of Seattle WA Revenue 5.000% 6/1/22 2,000 2,220
Port of Seattle WA Revenue 5.000% 2/1/25 1,605 1,923
Port of Seattle WA Revenue 5.000% 3/1/25 1,500 1,783
Port of Seattle WA Revenue 5.000% 2/1/26 2,500 3,015
Port of Seattle WA Revenue 5.000% 3/1/26 1,000 1,180
Port of Seattle WA Revenue 5.000% 3/1/27 1,000 1,173
Port of Seattle WA Revenue 5.000% 8/1/27 8,635 9,916
Port of Seattle WA Revenue 5.000% 3/1/28 1,750 2,039
Port of Seattle WA Revenue 5.000% 8/1/28 7,485 8,567
Port of Seattle WA Revenue 5.000% 3/1/29 2,000 2,316
Port of Seattle WA Revenue 5.000% 3/1/30 2,000 2,301
Port of Seattle WA Revenue 5.000% 6/1/30 6,000 6,570
Port of Seattle WA Revenue 5.000% 8/1/30 8,000 9,091
Port of Seattle WA Revenue 5.000% 8/1/31 5,500 6,235
Seattle WA GO 5.000% 6/1/21 16,395 18,847
Seattle WA Municipal Light & Power Revenue 5.000% 2/1/20 7,945 8,777
Seattle WA Water System Revenue 5.000% 5/1/19 12,000 12,949
Seattle WA Water System Revenue 5.000% 5/1/24 12,610 15,228
Skagit County WA Public Hospital District Revenue 4.000% 12/1/24 2,295 2,439
Skagit County WA Public Hospital District Revenue 4.000% 12/1/25 3,760 3,949
Snohomish County WA School District No. 15 (Edmonds) GO 5.000% 12/1/29 3,700 4,281
Snohomish County WA School District No. 15 (Edmonds) GO 5.000% 12/1/30 3,000 3,455
Snohomish County WA School District No. 15 (Edmonds) GO 5.000% 12/1/31 3,650 4,181
Tobacco Settlement Authority Washington Revenue 5.000% 6/1/27 10,000 10,032
Tobacco Settlement Authority Washington Revenue 5.250% 6/1/28 17,670 18,452
University of Washington Revenue 5.000% 7/1/27 6,925 8,045
University of Washington Revenue 5.000% 4/1/28 10,195 11,556
University of Washington Revenue 5.000% 7/1/28 11,490 13,342
University of Washington Revenue 5.000% 7/1/29 7,500 8,701
University of Washington Revenue 5.000% 4/1/30 9,315 10,401
University of Washington Revenue 5.000% 7/1/30 10,495 11,853
University of Washington Revenue 5.000% 4/1/31 10,500 11,724
University of Washington Revenue 5.000% 4/1/32 11,375 12,642
University of Washington Revenue 5.000% 7/1/32 5,000 5,647
Washington (Motor Vehicle Fuel Tax) GO 5.000% 8/1/19 (Prere.) 3,185 3,463
Washington (Motor Vehicle Fuel Tax) GO 5.000% 7/1/20 5,780 6,464
Washington (Motor Vehicle Fuel Tax) GO 5.000% 8/1/23 5,435 6,354
Washington (Motor Vehicle Fuel Tax) GO 5.000% 8/1/25 5,260 6,124
Washington (Motor Vehicle Fuel Tax) GO 5.000% 8/1/26 6,175 7,174
Washington (Motor Vehicle Fuel Tax) GO 5.000% 7/1/27 14,900 17,716
Washington (Motor Vehicle Fuel Tax) GO 5.000% 7/1/27 5,000 5,945
Washington (Motor Vehicle Fuel Tax) GO 5.000% 7/1/28 19,710 23,244
Washington (Motor Vehicle Fuel Tax) GO 5.000% 6/1/29 10,545 12,001

 

220

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Washington (Motor Vehicle Fuel Tax) GO 5.000% 6/1/30 7,525 8,497
Washington (Motor Vehicle Fuel Tax) GO 4.000% 7/1/31 23,685 25,465
Washington (Motor Vehicle Fuel Tax) GO 5.000% 8/1/33 6,800 7,830
Washington (Motor Vehicle Fuel Tax) GO 5.000% 8/1/34 11,640 13,352
Washington Economic Development Finance Authority Lease Revenue        
(Washington Biomedical Research Properties 2) 5.000% 6/1/27 1,410 1,662
Washington Economic Development Finance Authority Lease Revenue        
(Washington Biomedical Research Properties 2) 5.000% 6/1/29 1,435 1,669
Washington Economic Development Finance Authority Lease Revenue        
(Washington Biomedical Research Properties 2) 5.000% 6/1/31 2,165 2,492
Washington Economic Development Finance Authority Lease Revenue        
(Washington Biomedical Research Properties 2) 5.000% 6/1/32 1,460 1,672
Washington GO 5.000% 7/1/17 (Prere.) 7,295 7,348
Washington GO 5.000% 7/1/18 (Prere.) 5,000 5,240
Washington GO 5.000% 2/1/19 (Prere.) 6,790 7,262
Washington GO 5.000% 7/1/19 6,940 7,531
Washington GO 5.000% 8/1/19 (Prere.) 4,845 5,267
Washington GO 0.000% 6/1/20 (14) 5,500 5,268
Washington GO 5.000% 7/1/20 13,035 14,578
Washington GO 5.000% 7/1/20 2,705 2,725
Washington GO 5.000% 8/1/20 4,730 5,302
Washington GO 5.000% 7/1/22 20,000 23,435
Washington GO 5.000% 7/1/22 9,845 11,536
Washington GO 5.000% 7/1/22 23,500 27,536
Washington GO 5.000% 7/1/23 10,000 11,669
Washington GO 5.000% 7/1/24 2,875 3,470
Washington GO 5.000% 7/1/24 5,000 5,852
Washington GO 5.000% 1/1/25 1,750 1,977
Washington GO 5.000% 7/1/25 50,585 61,132
Washington GO 5.000% 7/1/27 8,550 10,166
Washington GO 5.000% 8/1/27 7,495 9,005
Washington GO 5.000% 2/1/28 10,000 11,301
Washington GO 5.000% 8/1/28 20,210 24,073
Washington GO 5.000% 2/1/29 9,650 10,894
Washington GO 5.000% 2/1/30 13,740 16,032
Washington GO 5.000% 2/1/30 8,545 10,028
Washington GO 5.000% 7/1/30 6,730 7,943
Washington GO 5.000% 8/1/30 20,980 23,782
Washington GO 5.000% 6/1/31 5,250 5,921
Washington GO 5.000% 8/1/31 13,860 16,307
Washington GO 5.000% 2/1/32 6,170 6,973
Washington GO 5.000% 6/1/32 5,500 6,192
Washington GO 5.000% 8/1/32 29,775 34,416
Washington Health Care Facilities Authority Revenue        
(Central Washington Health Services Association) 5.000% 7/1/27 2,675 3,001
Washington Health Care Facilities Authority Revenue        
(Central Washington Health Services Association) 5.000% 7/1/28 2,160 2,403
Washington Health Care Facilities Authority Revenue        
(Central Washington Health Services Association) 5.000% 7/1/29 1,755 1,935
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.000% 8/15/18 2,000 2,103
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.250% 8/15/18 (Prere.) 3,675 3,870
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.250% 8/15/18 (Prere.) 3,550 3,739
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.250% 8/15/18 (Prere.) 3,925 4,134
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.250% 8/15/18 (Prere.) 3,425 3,607
4 Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.250% 8/15/18 (Prere.) 3,550 3,739
4 Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.250% 8/15/18 (Prere.) 3,625 3,818
4 Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.250% 8/15/18 (Prere.) 3,800 4,002
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.250% 8/15/19 3,800 4,147
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.250% 8/15/20 4,250 4,630
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.250% 8/15/21 6,525 7,091
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.250% 8/15/22 5,500 5,956
Washington Health Care Facilities Authority Revenue (MultiCare Health System) VRDO 0.880% 5/1/17 LOC 17,800 17,800
Washington Health Care Facilities Authority Revenue (PeaceHealth) 5.000% 11/1/18 23,000 24,301
Washington Health Care Facilities Authority Revenue (PeaceHealth) 5.000% 11/15/23 1,500 1,777
Washington Health Care Facilities Authority Revenue (PeaceHealth) 5.000% 11/1/24 19,830 21,359
Washington Health Care Facilities Authority Revenue (PeaceHealth) 5.000% 11/15/25 1,710 2,015
Washington Health Care Facilities Authority Revenue (PeaceHealth) 5.000% 11/15/27 1,035 1,192
Washington Health Care Facilities Authority Revenue (Providence Health & Services) 5.000% 10/1/32 3,785 4,183
Washington Health Care Facilities Authority Revenue (Providence Health & Services) PUT 4.000% 10/1/21 2,700 2,962
Washington Health Care Facilities Authority Revenue (Seattle Cancer Care Alliance) 5.000% 3/1/32 2,800 3,174
Washington Higher Education Facilities Authority Revenue (Gonzaga University Project) 5.000% 4/1/19 (Prere.) 2,580 2,774

 

221

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Washington Higher Education Facilities Authority Revenue (Gonzaga University Project) 5.000% 4/1/19 (Prere.) 3,005 3,231
Washington Higher Education Facilities Authority Revenue (Gonzaga University Project) 5.000% 4/1/19 (Prere.) 4,470 4,806
Washington Higher Education Facilities Authority Revenue (Gonzaga University Project) 5.000% 4/1/19 (Prere.) 2,000 2,151
Washington Housing Finance Commission Multi-Family Housing Revenue        
(Emerald Heights Project) 5.000% 7/1/28 1,675 1,833
Washington Housing Finance Commission Multi-Family Housing Revenue        
(Emerald Heights Project) 5.000% 7/1/33 2,840 3,040
Washington State University General Revenue 5.000% 10/1/28 3,070 3,502
Washington State University General Revenue 5.000% 10/1/29 3,070 3,488
Washington State University General Revenue 5.000% 10/1/30 3,140 3,544
Washington State University General Revenue 5.000% 10/1/31 3,170 3,578
        1,396,317
West Virginia (0.3%)        
West Virginia Economic Development Authority Lottery Revenue 5.000% 6/15/19 1,395 1,507
West Virginia Economic Development Authority Lottery Revenue 5.000% 6/15/21 3,500 3,885
West Virginia Economic Development Authority Lottery Revenue 5.000% 6/15/22 2,055 2,279
West Virginia Economic Development Authority Lottery Revenue 5.000% 6/15/23 1,745 1,932
West Virginia Economic Development Authority Lottery Revenue 5.000% 6/15/25 2,445 2,698
West Virginia Economic Development Authority Lottery Revenue 5.000% 6/15/27 5,085 5,589
West Virginia Higher Education Policy Commission Revenue 5.000% 4/1/25 2,000 2,289
West Virginia Higher Education Policy Commission Revenue 5.000% 4/1/27 1,500 1,707
West Virginia Higher Education Policy Commission Revenue 5.000% 4/1/28 2,000 2,247
West Virginia Higher Education Policy Commission Revenue 5.000% 4/1/29 2,000 2,236
West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical Center Inc.) 5.000% 9/1/17 6,335 6,417
West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical Center Inc.) 5.000% 9/1/18 4,985 5,222
West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical Center Inc.) 5.000% 9/1/19 2,990 3,225
West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical Center Inc.) 5.000% 9/1/20 3,560 3,824
West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical Center Inc.) 5.125% 9/1/21 3,265 3,503
West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical Center Inc.) 5.000% 9/1/24 2,840 3,275
West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical Center Inc.) 5.000% 9/1/25 2,880 3,284
West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical Center Inc.) 5.000% 9/1/26 2,280 2,581
West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical Center Inc.) 5.000% 9/1/27 2,840 3,192
West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical Center Inc.) 5.000% 9/1/28 3,095 3,459
West Virginia Hospital Finance Authority Hospital Revenue        
(United Health System Obligated Group) 5.000% 6/1/18 (ETM) 1,920 2,005
West Virginia Hospital Finance Authority Hospital Revenue        
(United Health System Obligated Group) 5.000% 6/1/19 (Prere.) 12,620 13,638
West Virginia Hospital Finance Authority Hospital Revenue        
(United Health System Obligated Group) 4.000% 6/1/29 5,490 5,839
West Virginia Hospital Finance Authority Hospital Revenue        
(United Health System Obligated Group) 4.000% 6/1/30 5,500 5,788
West Virginia Hospital Finance Authority Hospital Revenue        
(United Health System Obligated Group) 4.000% 6/1/31 3,250 3,383
West Virginia Hospital Finance Authority Hospital Revenue        
(United Health System Obligated Group) 4.000% 6/1/32 8,700 9,002
West Virginia Hospital Finance Authority Hospital Revenue        
(United Health System Obligated Group) 4.000% 6/1/34 9,500 9,696
West Virginia Hospital Finance Authority Hospital Revenue        
(United Health System Obligated Group) 4.000% 6/1/35 4,500 4,575
West Virginia University Revenue 5.000% 10/1/17 1,500 1,526
West Virginia University Revenue 5.000% 10/1/30 3,000 3,386
West Virginia Water Development Authority Infrastructure Excess Lottery Revenue        
(Chesapeake Bay/Greenbrier River Projects) 5.000% 7/1/27 2,710 3,201
West Virginia Water Development Authority Infrastructure Excess Lottery Revenue        
(Chesapeake Bay/Greenbrier River Projects) 5.000% 7/1/31 3,435 3,981
West Virginia Water Development Authority Infrastructure Excess Lottery Revenue        
(Chesapeake Bay/Greenbrier River Projects) 5.000% 7/1/33 3,690 4,238
        134,609
Wisconsin (1.2%)        
Central Brown County WI Water Authority Water System Revenue 5.000% 11/1/30 1,890 2,159
Central Brown County WI Water Authority Water System Revenue 5.000% 11/1/31 2,000 2,274
Central Brown County WI Water Authority Water System Revenue 5.000% 11/1/32 2,000 2,264
Central Brown County WI Water Authority Water System Revenue 5.000% 11/1/33 1,500 1,691
Central Brown County WI Water Authority Water System Revenue 5.000% 11/1/34 1,500 1,683
Central Brown County WI Water Authority Water System Revenue 5.000% 11/1/35 1,500 1,677
Madison WI Community Development Authority Revenue (Wisconsin Alumni Research Project) 5.000% 10/1/18 1,640 1,732
Madison WI Community Development Authority Revenue (Wisconsin Alumni Research Project) 5.000% 10/1/19 3,705 4,045
Milwaukee WI GO 5.000% 2/1/19 3,000 3,208
Milwaukee WI GO 4.000% 3/15/19 8,490 8,960
Milwaukee WI GO 4.000% 3/15/20 9,930 10,727
Milwaukee WI Metropolitan Sewer District GO 5.250% 10/1/22 2,690 3,202

 

222

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Wisconsin Clean Water Revenue 4.000% 6/1/17 1,000 1,003
Wisconsin General Fund Annual Appropriation Revenue 6.000% 5/1/19 (Prere.) 945 1,038
Wisconsin General Fund Annual Appropriation Revenue 6.000% 5/1/27 9,055 9,926
Wisconsin GO 5.000% 11/1/17 4,500 4,596
Wisconsin GO 5.000% 5/1/18 (2) 4,050 4,217
Wisconsin GO 5.000% 5/1/18 3,800 3,957
Wisconsin GO 5.000% 5/1/18 7,770 8,091
Wisconsin GO 5.000% 5/1/19 4,700 5,074
Wisconsin GO 5.000% 5/1/19 12,000 12,954
Wisconsin GO 5.000% 5/1/19 3,885 4,194
Wisconsin GO 5.000% 5/1/20 1,000 1,114
Wisconsin GO 5.000% 5/1/20 2,915 3,246
Wisconsin GO 5.000% 5/1/20 (Prere.) 2,305 2,562
Wisconsin GO 5.000% 5/1/21 9,335 10,680
Wisconsin GO 5.000% 5/1/22 10,425 11,885
Wisconsin GO 5.000% 5/1/22 1,195 1,324
Wisconsin GO 5.000% 11/1/23 5,000 6,003
Wisconsin GO 5.000% 5/1/25 7,500 8,710
Wisconsin GO 5.000% 5/1/27 2,750 3,184
Wisconsin GO 5.000% 5/1/27 1,400 1,621
Wisconsin GO 5.000% 5/1/28 2,060 2,380
Wisconsin GO 5.000% 5/1/29 16,840 19,982
Wisconsin GO 5.000% 5/1/29 1,715 1,973
Wisconsin GO 5.000% 5/1/30 7,760 9,154
Wisconsin GO 5.000% 5/1/35 13,090 15,062
Wisconsin GO 5.000% 5/1/36 21,325 24,472
Wisconsin Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Care) 5.000% 6/1/19 4,110 4,428
Wisconsin Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Care) 5.000% 6/1/20 3,240 3,586
Wisconsin Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Care) 5.000% 6/1/21 5,230 5,801
Wisconsin Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Care) 5.000% 6/1/22 3,295 3,629
Wisconsin Health & Educational Facilities Authority Revenue        
(Ascension Health Alliance Credit Group) 4.000% 11/15/32 8,000 8,314
Wisconsin Health & Educational Facilities Authority Revenue        
(Ascension Health Alliance Credit Group) 4.000% 11/15/33 50,545 52,251
Wisconsin Health & Educational Facilities Authority Revenue        
(Ascension Health Alliance Credit Group) 4.000% 11/15/34 33,500 34,474
Wisconsin Health & Educational Facilities Authority Revenue        
(Ascension Health Alliance Credit Group) 5.000% 11/15/36 13,950 15,699
Wisconsin Health & Educational Facilities Authority Revenue        
(Ascension Health Alliance Credit Group) PUT 5.000% 6/1/21 34,215 38,792
Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) 5.000% 7/15/28 8,500 9,347
Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) 5.500% 4/15/29 11,700 12,714
Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) VRDO 0.880% 5/1/17 LOC 8,090 8,090
Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) 5.000% 7/1/28 765 848
Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) 5.000% 7/1/29 685 753
Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) 5.000% 7/1/30 940 1,027
Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) 5.000% 7/1/31 990 1,075
Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) 5.000% 7/1/32 1,045 1,129
Wisconsin Health & Educational Facilities Authority Revenue        
(Children’s Hospital of Wisconsin Inc.) 5.375% 8/15/24 5,900 6,459
Wisconsin Health & Educational Facilities Authority Revenue (Froedtert Health Inc.) 5.000% 4/1/25 2,500 2,975
Wisconsin Health & Educational Facilities Authority Revenue (Froedtert Health Inc.) 5.000% 4/1/27 1,855 2,231
Wisconsin Health & Educational Facilities Authority Revenue (Froedtert Health Inc.) 5.000% 4/1/33 4,000 4,575
Wisconsin Health & Educational Facilities Authority Revenue (Froedtert Health Inc.) 5.000% 4/1/34 6,845 7,792
Wisconsin Health & Educational Facilities Authority Revenue (Froedtert Health Inc.) 5.000% 4/1/35 5,450 6,174
Wisconsin Health & Educational Facilities Authority Revenue        
(Hospital Sisters Services Inc. Obligated Group) 5.000% 11/15/28 12,110 14,007
Wisconsin Health & Educational Facilities Authority Revenue        
(Hospital Sisters Services Inc. Obligated Group) 5.000% 11/15/29 12,000 13,775
Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) 5.000% 10/1/24 700 808
Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) 5.000% 10/1/28 1,865 2,108
Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) 5.000% 10/1/29 1,500 1,686
Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) 5.000% 10/1/30 1,660 1,863
Wisconsin Health & Educational Facilities Authority Revenue        
(Marshfield Clinic Health System Obligated Group) 5.000% 2/15/24 2,310 2,671
Wisconsin Health & Educational Facilities Authority Revenue        
(Marshfield Clinic Health System Obligated Group) 5.000% 2/15/25 2,435 2,815
Wisconsin Health & Educational Facilities Authority Revenue        
(Marshfield Clinic Health System Obligated Group) 5.000% 2/15/26 940 1,086
Wisconsin Health & Educational Facilities Authority Revenue        
(Marshfield Clinic Health System Obligated Group) 5.000% 2/15/27 1,685 1,924

 

223

 

Intermediate-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Wisconsin Health & Educational Facilities Authority Revenue        
(Marshfield Clinic Health System Obligated Group) 5.000% 2/15/32 4,200 4,603
Wisconsin Health & Educational Facilities Authority Revenue (Medical College Wisconsin) 5.000% 12/1/34 7,000 8,057
Wisconsin Health & Educational Facilities Authority Revenue (Medical College Wisconsin) 5.000% 12/1/35 6,340 7,264
Wisconsin Health & Educational Facilities Authority Revenue (Ministry Health Care Inc.) 5.000% 8/15/22 (Prere.) 11,800 13,864
Wisconsin Health & Educational Facilities Authority Revenue (ProHealth Care Obligated Group) 5.000% 8/15/30 2,000 2,259
Wisconsin Health & Educational Facilities Authority Revenue (ProHealth Care Obligated Group) 5.000% 8/15/31 1,650 1,854
Wisconsin Health & Educational Facilities Authority Revenue (ProHealth Care Obligated Group) 5.000% 8/15/33 1,250 1,394
Wisconsin Health & Educational Facilities Authority Revenue (ProHealth Care Obligated Group) 5.000% 8/15/34 1,250 1,389
Wisconsin Petroleum Inspection Fee Revenue 4.000% 7/1/19 8,710 9,263
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/25 2,130 2,509
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/26 6,285 7,393
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/27 4,625 5,397
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/28 6,955 8,058
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/29 4,295 4,942
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/30 7,675 8,765
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/33 5,895 6,554
Wisconsin Public Power System Power Supply System Revenue 5.000% 7/1/32 4,000 4,505
Wisconsin Public Power System Power Supply System Revenue 5.000% 7/1/33 3,500 3,927
Wisconsin Transportation Revenue 5.000% 7/1/17 3,000 3,022
Wisconsin Transportation Revenue 5.000% 7/1/30 5,000 5,755
        607,704
Wyoming (0.0%)        
Sublette County WY Pollution Control Revenue (ExxonMobil Project) VRDO 0.860% 5/1/17 15,000 15,000
Wyoming Municipal Power Agency Power Supply Revenue 5.000% 1/1/25 (15) 1,000 1,173
Wyoming Municipal Power Agency Power Supply Revenue 5.000% 1/1/28 (15) 1,000 1,175
Wyoming Municipal Power Agency Power Supply Revenue 5.000% 1/1/29 (15) 1,000 1,166
Wyoming Municipal Power Agency Power Supply Revenue 5.000% 1/1/31 (15) 1,105 1,270
Wyoming Municipal Power Agency Power Supply Revenue 5.000% 1/1/32 (15) 1,000 1,143
Wyoming Municipal Power Agency Power Supply Revenue 5.000% 1/1/35 (15) 1,450 1,634
        22,561
Total Tax-Exempt Municipal Bonds (Cost $49,786,192)       51,258,935
 
      Shares  
Temporary Cash Investment (1.4%)        
Money Market Fund (1.4%)        
5 Vanguard Municipal Cash Management Fund (Cost $727,983) 0.895%   7,279,840 727,984
Total Investments (99.6%) (Cost $50,514,175)       51,986,919
 
        Amount
        ($000)
Other Assets and Liabilities (0.4%)        
Other Assets        
Investment in Vanguard       3,526
Receivables for Investment Securities Sold       18,634
Receivables for Accrued Income       622,366
Receivables for Capital Shares Issued       49,203
Other Assets       17,666
Total Other Assets       711,395
Liabilities        
Payables for Investment Securities Purchased       (363,898)
Payables for Capital Shares Redeemed       (41,600)
Payables for Distributions       (34,719)
Payables to Vanguard       (36,641)
Other Liabilities       (16,190)
Total Liabilities       (493,048)
Net Assets (100%)       52,205,266

 

224

 

Intermediate-Term Tax-Exempt Fund

At April 30, 2017, net assets consisted of:  
  Amount
  ($000)
Paid-in Capital 50,809,129
Undistributed Net Investment Income 50
Accumulated Net Realized Losses (78,984)
Unrealized Appreciation (Depreciation)  
Investment Securities 1,472,744
Futures Contracts 2,327
Net Assets 52,205,266
 
Investor Shares—Net Assets  
Applicable to 287,233,692 outstanding $.001 par value shares of beneficial interest (unlimited authorization) 4,038,996
Net Asset Value Per Share—Investor Shares $14.06
 
Admiral Shares—Net Assets  
Applicable to 3,425,303,096 outstanding $.001 par value shares of beneficial interest (unlimited authorization) 48,166,270
Net Asset Value Per Share—Admiral Shares $14.06

 

• See Note A in Notes to Financial Statements.
1 Adjustable-rate security.
2 Security purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of April 30, 2017.
3 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At April 30, 2017,
the aggregate value of these securities was $249,464,000, representing 0.5% of net assets.
4 Securities with a value of $8,061,000 have been segregated as initial margin for open futures contracts.
5 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
A key to abbreviations and other references follows the Statement of Net Assets.
See accompanying Notes, which are an integral part of the Financial Statements.

225

 

Intermediate-Term Tax-Exempt Fund

Key to Abbreviations

ARS—Auction Rate Security.
BAN—Bond Anticipation Note.
COP—Certificate of Participation.
CP—Commercial Paper.
FR—Floating Rate.
GAN—Grant Anticipation Note.
GO—General Obligation Bond.
PILOT—Payments in Lieu of Taxes.
PUT—Put Option Obligation.
RAN—Revenue Anticipation Note.
TAN—Tax Anticipation Note.
TOB—Tender Option Bond.
TRAN—Tax Revenue Anticipation Note.
VRDO—Variable Rate Demand Obligation.
VRDP—Variable Rate Demand Preferred.
(ETM)—Escrowed to Maturity.
(Prere.)—Prerefunded.

Scheduled principal and interest payments are guaranteed by:
(1) MBIA (Municipal Bond Investors Assurance).
(2) AMBAC (Ambac Assurance Corporation).
(3) FGIC (Financial Guaranty Insurance Company).
(4) AGM (Assured Guaranty Municipal Corporation).
(5) BIGI (Bond Investors Guaranty Insurance).
(6) Connie Lee Inc.
(7) FHA (Federal Housing Authority).
(8) CapMAC (Capital Markets Assurance Corporation).
(9) American Capital Access Financial Guaranty Corporation.
(10) XL Capital Assurance Inc.
(11) CIFG (CDC IXIS Financial Guaranty).
(12) AGC (Assured Guaranty Corporation).
(13) BHAC (Berkshire Hathaway Assurance Corporation).
(14) NPFG (National Public Finance Guarantee Corporation).
(15) BAM (Build America Mutual Assurance Company).
(16) MAC (Municipal Assurance Corporation).
(17) RAA (Radian Asset Assurance Inc.).
(18) SBLF (Michigan School Bond Loan Fund).
The insurance does not guarantee the market value of the municipal bonds.

LOC—Scheduled principal and interest payments are guaranteed by bank letter of credit.

226

 

Intermediate-Term Tax-Exempt Fund

Statement of Operations

Six Months Ended
April 30, 2017
  ($000)
Investment Income  
Income  
Interest1 747,900
Total Income 747,900
Expenses  
The Vanguard Group—Note B  
Investment Advisory Services 3,326
Management and Administrative—  
Investor Shares 2,993
Management and Administrative—  
Admiral Shares 15,178
Marketing and Distribution—  
Investor Shares 473
Marketing and Distribution—  
Admiral Shares 2,141
Custodian Fees 263
Shareholders’ Reports—Investor Shares 124
Shareholders’ Reports—Admiral Shares 251
Trustees’ Fees and Expenses 15
Total Expenses 24,764
Net Investment Income 723,136
Realized Net Gain (Loss)  
Investment Securities Sold1 (26,557)
Futures Contracts (17,879)
Realized Net Gain (Loss) (44,436)
Change in Unrealized Appreciation  
(Depreciation)  
Investment Securities (898,360)
Futures Contracts 1,805
Change in Unrealized Appreciation  
(Depreciation) (896,555)
Net Increase (Decrease) in Net Assets  
Resulting from Operations (217,855)

1 Interest income and realized net gain (loss) from an affiliated company of the fund were $2,629,000 and $6,000, respectively.

 

 

 

Statement of Changes in Net Assets    
 
  Six Months Ended Year Ended
  April 30, October 31,
  2017 2016
  ($000) ($000)
Increase (Decrease) in Net Assets    
Operations    
Net Investment Income 723,136 1,393,548
Realized Net Gain (Loss) (44,436) 31,638
Change in Unrealized Appreciation (Depreciation) (896,555) 296,758
Net Increase (Decrease) in Net Assets Resulting from Operations (217,855) 1,721,944
Distributions    
Net Investment Income    
Investor Shares (56,515) (124,432)
Admiral Shares (666,516) (1,268,748)
Realized Capital Gain    
Investor Shares — —
Admiral Shares — —
Total Distributions (723,031) (1,393,180)
Capital Share Transactions    
Investor Shares (391,365) 59,375
Admiral Shares 551,822 7,880,106
Net Increase (Decrease) from Capital Share Transactions 160,457 7,939,481
Total Increase (Decrease) (780,429) 8,268,245
Net Assets    
Beginning of Period 52,985,695 44,717,450
End of Period1 52,205,266 52,985,695

 

1 Net Assets—End of Period includes undistributed (overdistributed) net investment income of $50,000 and $222,000.

See accompanying Notes, which are an integral part of the Financial Statements.

227

 

Intermediate-Term Tax-Exempt Fund

Financial Highlights

Investor Shares            
Six Months          
  Ended          
For a Share Outstanding April 30,     Year Ended October 31,
Throughout Each Period 2017 2016 2015 2014 2013 2012
Net Asset Value, Beginning of Period $14.31 $14.19 $14.26 $13.84 $14.41 $13.75
Investment Operations            
Net Investment Income .192 .393 .413 .440 .433 .449
Net Realized and Unrealized Gain (Loss)            
on Investments (. 250) .120 (. 070) . 420 (. 570) .660
Total from Investment Operations (. 058) .513 .343 .860 (.137) 1.109
Distributions            
Dividends from Net Investment Income (.192) (. 393) (.413) (. 440) (. 433) (. 449)
Distributions from Realized Capital Gains  — — — — — —
Total Distributions (.192) (. 393) (.413) (. 440) (. 433) (. 449)
Net Asset Value, End of Period $14.06 $14.31 $14.19 $14.26 $13.84 $14.41
 
Total Return1 -0.39% 3.63% 2.44% 6.31% -0.96% 8.15%
 
Ratios/Supplemental Data            
Net Assets, End of Period (Millions) $4,039 $4,513 $4,416 $4,637 $4,878 $6,976
Ratio of Total Expenses to            
Average Net Assets 0.19% 0.19% 0.20% 0.20% 0.20% 0.20%
Ratio of Net Investment Income to            
Average Net Assets 2.77% 2.72% 2.91% 3.13% 3.06% 3.15%
Portfolio Turnover Rate 21% 9% 12% 12% 16% 11%

 

The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.

1 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

Admiral Shares            
Six Months          
  Ended          
For a Share Outstanding April 30,     Year Ended October 31,
Throughout Each Period 2017 2016 2015 2014 2013 2012
Net Asset Value, Beginning of Period $14.31 $14.19 $14.26 $13.84 $14.41 $13.75
Investment Operations            
Net Investment Income .199 . 407 . 425 .451 .445 .460
Net Realized and Unrealized Gain (Loss)            
on Investments (. 250) .120 (. 070) . 420 (. 570) .660
Total from Investment Operations (.051) . 527 . 355 .871 (.125) 1.120
Distributions            
Dividends from Net Investment Income (.199) (. 407) (. 425) (.451) (. 445) (.460)
Distributions from Realized Capital Gains  — — — — — —
Total Distributions (.199) (. 407) (. 425) (.451) (. 445) (.460)
Net Asset Value, End of Period $14.06 $14.31 $14.19 $14.26 $13.84 $14.41
 
Total Return1 -0.34% 3.73% 2.53% 6.39% -0.88% 8.24%
 
Ratios/Supplemental Data            
Net Assets, End of Period (Millions) $48,166 $48,473 $40,302 $34,927 $29,278 $30,729
Ratio of Total Expenses to            
Average Net Assets 0.09% 0.09% 0.12% 0.12% 0.12% 0.12%
Ratio of Net Investment Income to            
Average Net Assets 2.87% 2.82% 2.99% 3.21% 3.14% 3.23%
Portfolio Turnover Rate 21% 9% 12% 12% 16% 11%

 

The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.

1 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

See accompanying Notes, which are an integral part of the Financial Statements.

228

 

Intermediate-Term Tax-Exempt Fund

Notes to Financial Statements

Vanguard Intermediate-Term Tax-Exempt Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund invests in debt instruments of many municipal issuers; the issuers’ abilities to meet their obligations may be affected by economic and political developments in a specific state or region. The fund offers two classes of shares: Investor Shares and Admiral Shares. Investor Shares are available to any investor who meets the fund’s minimum purchase requirements. Admiral Shares are designed for investors who meet certain administrative, service, and account-size criteria.

A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.

1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Investments in Vanguard Municipal Cash Management Fund are valued at that fund’s net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.

2. Futures Contracts: The fund uses futures contracts to invest in fixed income asset classes with greater efficiency and lower cost than is possible through direct investment, to add value when these instruments are attractively priced, or to adjust sensitivity to changes in interest rates. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of bonds held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract.

Futures contracts are valued at their quoted daily settlement prices. The aggregate settlement values of the contracts are not recorded in the Statement of Net Assets. Fluctuations in the value of the contracts are recorded in the Statement of Net Assets as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized futures gains (losses).

During the six months ended April 30, 2017, the fund’s average investments in long and short futures contracts represented 2% and less than 1% of net assets, respectively, based on the average of aggregate settlement values at each quarter-end during the period.

3. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (October 31, 2013–2016), and for the period ended April 30, 2017, and has concluded that no provision for federal income tax is required in the fund’s financial statements.

4. Distributions: Distributions from net investment income are declared daily and paid on the first business day of the following month. Annual distributions from realized capital gains, if any, are recorded on the ex-dividend date.

5. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $3.1 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.

The fund had no borrowings outstanding at April 30, 2017, or at any time during the period then ended.

229

 

Intermediate-Term Tax-Exempt Fund

6. Other: Interest income includes income distributions received from Vanguard Municipal Cash Management Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.

Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.

B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. Vanguard does not require reimbursement in the current period for certain costs of operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Net Assets.

Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At April 30, 2017, the fund had contributed to Vanguard capital in the amount of $3,526,000 representing 0.01% of the fund’s net assets and 1.41% of Vanguard’s capitalization. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.

C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

Level 1—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 risk, etc.).

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments).

The following table summarizes the market value of the fund’s investments as of April 30, 2017, based on the inputs used to value them:

  Level 1 Level 2 Level 3
Investments ($000) ($000) ($000)
Tax-Exempt Municipal Bonds — 51,258,935 —
Temporary Cash Investments 727,984 — —
Futures Contracts—Assets1 16,079 — —
Futures Contracts—Liabilities1 (876) — —
Total 743,187 51,258,935 —
1 Represents variation margin on the last day of the reporting period.      

 

D. At April 30, 2017, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were:

     
        ($000)
      Aggregate  
    Number of Settlement Unrealized
    Long (Short) Value Appreciation
Futures Contracts Expiration Contracts Long (Short) (Depreciation)
2-Year U.S. Treasury Note June 2017 4,947 1,071,567 759
5-Year U.S. Treasury Note June 2017 6,897 816,648 2,185
Ultra Long U.S. Treasury Bond June 2017 (1,109) (180,698) (700)
Ultra 10-Year U.S. Treasury Note June 2017 483 65,424 (179)
30-Year U.S. Treasury Bond June 2017 388 59,352 262
        2,327

 

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

230

 

Intermediate-Term Tax-Exempt Fund

E. Capital gain distributions are determined on a tax basis and may differ from realized capital gains for financial reporting purposes. Differences may be permanent or temporary. Permanent differences are reclassified among capital accounts in the financial statements to reflect their tax character. Temporary differences arise when gains or losses are recognized in different periods for financial statement and tax purposes. These differences will reverse at some time in the future.

The fund’s tax-basis capital gains and losses are determined only at the end of each fiscal year. For tax purposes, at October 31, 2016, the fund had available capital losses totaling $18,686,000 to offset future net capital gains through October 31, 2019. The fund will use these capital losses to offset net taxable capital gains, if any, realized during the year ending October 31, 2017; should the fund realize net capital losses for the year, the losses will be added to the loss carryforward balance above.

At April 30, 2017, the cost of investment securities for tax purposes was $50,529,515,000. Net unrealized appreciation of investment securities for tax purposes was $1,457,404,000, consisting of unrealized gains of $1,712,525,000 on securities that had risen in value since their purchase and $255,121,000 in unrealized losses on securities that had fallen in value since their purchase.

F. During the six months ended April 30, 2017, the fund purchased $5,111,131,000 of investment securities and sold $5,368,926,000 of investment securities, other than temporary cash investments.

The fund purchased securities from and sold securities to other Vanguard funds or accounts managed by Vanguard or its affiliates, in accordance with procedures adopted by the board of trustees in compliance with Rule 17a-7 of the Investment Company Act of 1940. For the six months ended April 30, 2017, such purchases and sales were $754,035,000 and $750,702,000, respectively; these amounts are included in the purchases and sales of investment securities noted above.

G. Capital share transactions for each class of shares were:      
  Six Months Ended   Year Ended
    April 30, 2017 October 31, 2016
  Amount Shares Amount Shares
  ($000) (000) ($000) (000)
Investor Shares        
Issued 538,929 38,652 1,384,586 96,067
Issued in Lieu of Cash Distributions 46,338 3,325 100,014 6,938
Redeemed (976,632) (70,089) (1,425,225) (98,861)
Net Increase (Decrease) —Investor Shares (391,365) (28,112) 59,375 4,144
Admiral Shares        
Issued 7,915,683 567,783 12,256,425 850,439
Issued in Lieu of Cash Distributions 466,999 33,501 891,655 61,843
Redeemed (7,830,860) (562,977) (5,267,974) (365,660)
Net Increase (Decrease) —Admiral Shares 551,822 38,307 7,880,106 546,622

 

H. Management has determined that no material events or transactions occurred subsequent to April 30, 2017, that would require recognition or disclosure in these financial statements.

231

 

Long-Term Tax-Exempt Fund

Fund Profile
As of April 30, 2017

Share-Class Characteristics    
  Investor Admiral
  Shares Shares
Ticker Symbol VWLTX VWLUX
Expense Ratio1 0.19% 0.09%
30-Day SEC Yield 2.55% 2.65%
 
 
Financial Attributes    
    Bloomberg
    Barclays
    Municipal
    Bond
  Fund Index
Number of Bonds 1,513 50,560
Yield to Maturity    
(before expenses) 2.7% 2.4%
Average Coupon 4.7% 4.8%
Average Duration 7.1 years 6.4 years
Average Stated Maturity 16.6 years 12.9 years
Short-Term Reserves 2.8% —

 

Largest Area Concentrations2  
 
California 16.6%
New York 15.9
Texas 8.7
Illinois 7.2
Florida 5.5
Pennsylvania 5.0
Michigan 2.9
New Jersey 2.5
Massachusetts 2.3
Ohio 2.2
Top Ten 68.8%
 
 
Volatility Measures  
  Bloomberg
  Barclays
  Municipal
  Bond Index
R-Squared 0.98
Beta 1.13

 

These measures show the degree and timing of the fund’s fluctuations compared with the indexes over 36 months.

Distribution by Stated Maturity (% of portfolio)

Under 1 Year 3.9%
1–3 Years 5.3
3–5 Years 1.5
5–10 Years 8.1
10–20 Years 43.4
20–30 Years 33.3
Over 30 Years 4.5

 

Distribution by Credit Quality (% of portfolio)

AAA 14.7%
AA 53.8
A 20.8
BBB 8.4
BB 0.3
B or Lower 0.7
Not Rated 1.3

 

Credit-quality ratings are obtained from Moody’s and S&P, and the higher rating for each issue is shown. “Not Rated” is used to classify securities for which a rating is not available. Not rated securities include a fund’s investment in Vanguard Market Liquidity Fund or Vanguard Municipal Cash Management Fund, each of which invests in high-quality money market instruments and may serve as a cash management vehicle for the Vanguard funds, trusts, and accounts. For more information about these ratings, see the Glossary entry for Credit Quality.

Investment Focus

 

 

 

 

 

1 The expense ratios shown are from the prospectus dated February 23, 2017, and represent estimated costs for the current fiscal year. For the six months ended April 30, 2017, the annualized expense ratios were 0.19% for Investor Shares and 0.09% for Admiral Shares.

2 Percentage of net assets, excluding any futures contracts.

232

 

Long-Term Tax-Exempt Fund

Performance Summary

All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.

Fiscal-Year Total Returns (%): October 31, 2006–April 30, 2017      
        Bloomberg
        Barclays
        Municipal
      Investor Shares Bond Index
  Income Capital Total Total
Fiscal Year Returns Returns Returns Returns
2007 4.57% -2.20% 2.37% 2.91%
2008 4.28 -9.02 -4.74 -3.30
2009 5.09 8.23 13.32 13.60
2010 4.50 3.02 7.52 7.78
2011 4.36 -1.07 3.29 3.78
2012 4.07 6.20 10.27 9.03
2013 3.68 -5.75 -2.07 -1.72
2014 4.22 5.30 9.52 7.82
2015 3.73 -0.54 3.19 2.87
2016 3.62 1.77 5.39 4.06
20171 1.73 -2.55 -0.82 -0.34

 

Average Annual Total Returns: Periods Ended March 31, 2017

This table presents returns through the latest calendar quarter—rather than through the end of the fiscal period.

Securities and Exchange Commission rules require that we provide this information.

            Ten Years
  Inception Date One Year Five Years Income Capital Total
Investor Shares 9/1/1977 0.04% 3.84% 4.16% 0.22% 4.38%
Admiral Shares 2/12/2001 0.15 3.93 4.24 0.22 4.46

 

1 Six months ended April 30, 2017.
See Financial Highlights for dividend and capital gains information.

233

 

Long-Term Tax-Exempt Fund

Financial Statements (unaudited)

Statement of Net Assets
As of April 30, 2017

The fund reports a complete list of its holdings in regulatory filings four times in each fiscal year, at the quarter-ends. For the second and fourth fiscal quarters, the lists appear in the fund’s semiannual and annual reports to shareholders. For the first and third fiscal quarters, the fund files the lists with the Securities and Exchange Commission on Form N-Q. Shareholders can look up the fund’s Forms N-Q on the SEC’s website at sec.gov. Forms N-Q may also be reviewed and copied at the SEC’s Public Reference Room (see the back cover of this report for further information).

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Tax-Exempt Municipal Bonds (98.4%)        
Alabama (1.3%)        
Alabama GO 4.000% 11/1/29 5,950 6,550
Alabama GO 4.000% 11/1/30 6,195 6,680
Alabama GO 4.000% 11/1/31 6,445 6,902
Alabama Incentives Financing Authority Special Obligation Revenue 5.000% 9/1/37 10,945 12,023
Alabama Incentives Financing Authority Special Obligation Revenue 5.000% 9/1/42 3,325 3,639
Alabama Port Authority Docks Facilities Revenue 6.000% 10/1/20 (Prere.) 5,000 5,782
Auburn University Alabama General Fee Revenue 5.000% 6/1/42 8,455 9,510
Birmingham AL GO 5.000% 3/1/27 2,500 2,886
Birmingham AL GO 5.000% 3/1/37 2,500 2,786
Birmingham AL Water Works Board Water Revenue 5.000% 1/1/32 7,145 8,266
Birmingham AL Water Works Board Water Revenue 5.000% 1/1/43 5,000 5,580
Huntsville AL GO 5.000% 5/1/26 325 367
Jefferson County AL Sewer Revenue 0.000% 10/1/42 (4) 12,500 9,948
Jefferson County AL Sewer Revenue 6.000% 10/1/42 8,780 10,044
Jefferson County AL Sewer Revenue 7.000% 10/1/51 10,000 12,098
Jefferson County AL Sewer Revenue 6.500% 10/1/53 15,525 18,210
Selma AL Industrial Development Board Revenue (International Paper Co. Project) 5.375% 12/1/35 2,000 2,223
Tuscaloosa AL City Board of Education School Tax Warrants Revenue 5.000% 8/1/46 7,040 7,976
        131,470
Alaska (0.2%)        
Alaska Housing Finance Corp. General Housing Revenue 5.000% 12/1/26 6,620 7,803
Alaska Housing Finance Corp. General Housing Revenue 5.000% 12/1/28 3,995 4,623
Alaska Industrial Development & Export Authority Revenue (Providence Health & Services) 5.500% 10/1/41 6,000 6,643
        19,069
Arizona (0.5%)        
Arizona Board Regents Arizona State University System Revenue 5.000% 6/1/37 3,750 4,199
Arizona Transportation Board Highway Revenue 5.000% 7/1/34 5,000 5,884
Buckeye AZ Excise Tax Revenue 5.000% 7/1/35 4,480 5,001
Buckeye AZ Excise Tax Revenue 5.000% 7/1/43 11,690 12,883
Maricopa County AZ Pollution Control Corp. Revenue (Southern California Edison Co.) 5.000% 6/1/35 5,500 5,981
Mesa AZ Utility System Revenue 4.000% 7/1/31 7,250 7,809
Pima County AZ Sewer Revenue 5.000% 7/1/26 2,000 2,309
Pima County AZ Sewer Revenue 5.000% 7/1/27 1,000 1,153
Pinal County AZ Electric District Revenue 4.000% 7/1/32 1,000 1,036
Salt Verde AZ Financial Corp. Gas Revenue 5.250% 12/1/20 515 569
Salt Verde AZ Financial Corp. Gas Revenue 5.250% 12/1/24 2,220 2,567
Salt Verde AZ Financial Corp. Gas Revenue 5.250% 12/1/27 785 924
        50,315
Arkansas (0.1%)        
Springdale AR Public Facilities Board Hospital Revenue (Arkansas Children’s Northwest Inc.) 5.000% 3/1/40 5,265 5,943
University of Arkansas Revenue (Fayetteville Campus) 5.000% 11/1/31 2,170 2,472
University of Arkansas Revenue (Fayetteville Campus) 5.000% 11/1/32 2,845 3,229
        11,644
California (16.6%)        
Alameda CA Corridor Transportation Authority Revenue 0.000% 10/1/30 (2) 5,000 2,834
Alameda CA Corridor Transportation Authority Revenue 0.000% 10/1/31 (14) 8,450 4,903
Alameda CA Corridor Transportation Authority Revenue 0.000% 10/1/33 (14) 12,000 6,332
Alameda County CA Joint Powers Authority Lease Revenue 5.250% 12/1/29 8,300 9,765
Alameda County CA Unified School District GO 5.000% 8/1/39 11,455 12,994
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) 5.000% 4/1/32 2,060 2,352
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) 5.000% 10/1/54 5,615 6,181
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) 4.000% 4/1/56 5,000 5,057
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) 5.000% 4/1/56 8,000 8,984
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/24 (Prere.) 30 37
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/27 9,970 12,025
California Educational Facilities Authority Revenue (Claremont McKenna College) 4.000% 1/1/39 10,000 10,273

 

234

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
California Educational Facilities Authority Revenue (Pepperdine College) 5.000% 9/1/40 5,000 5,705
California Educational Facilities Authority Revenue (Pepperdine College) 5.000% 10/1/49 5,000 5,703
California Educational Facilities Authority Revenue (Santa Clara University) 5.000% 4/1/36 3,000 3,439
California Educational Facilities Authority Revenue (Santa Clara University) 5.000% 4/1/45 14,000 15,835
California Educational Facilities Authority Revenue (Stanford University) 5.000% 5/1/45 1,050 1,361
California GO 5.250% 9/1/24 12,500 14,514
California GO 5.250% 10/1/24 3,000 3,492
California GO 5.625% 4/1/26 21,900 23,855
California GO 5.000% 3/1/28 10,000 11,825
California GO 4.000% 9/1/28 7,000 7,796
California GO 5.000% 8/1/29 5,000 5,954
California GO 5.000% 9/1/29 10,000 11,402
California GO 5.000% 10/1/29 5,000 5,871
California GO 5.000% 8/1/30 10,000 11,826
California GO 5.000% 10/1/30 12,600 14,727
California GO 4.000% 9/1/31 8,500 9,116
California GO 5.000% 9/1/31 15,000 17,655
California GO 4.000% 9/1/32 2,250 2,385
California GO 6.000% 3/1/33 4,000 4,511
California GO 6.500% 4/1/33 41,500 45,809
California GO 4.000% 8/1/33 5,000 5,265
California GO 5.000% 8/1/33 16,000 18,626
California GO 5.000% 8/1/34 5,000 5,762
California GO 4.000% 9/1/35 8,000 8,336
California GO 5.000% 9/1/35 13,220 15,255
California GO 6.000% 11/1/35 10,000 11,202
California GO 5.000% 9/1/36 3,250 3,645
California GO 6.000% 4/1/38 10,340 11,315
California GO 6.000% 11/1/39 6,500 7,281
California GO 5.000% 9/1/41 5,000 5,552
California GO 5.000% 9/1/42 11,360 12,639
California GO 5.000% 2/1/43 5,500 6,133
California GO 5.000% 4/1/43 1,000 1,118
California GO 5.000% 11/1/43 5,000 5,644
California GO 5.000% 12/1/43 8,250 9,325
California GO 5.000% 8/1/45 7,280 8,258
California GO 4.000% 8/1/46 5,000 5,136
California Health Facilities Financing Authority Revenue (Adventist Health System/West) 5.750% 9/1/19 (Prere.) 5,500 6,100
California Health Facilities Financing Authority Revenue (Catholic Healthcare West) 6.000% 7/1/19 (Prere.) 4,500 4,983
California Health Facilities Financing Authority Revenue (Catholic Healthcare West) 5.625% 7/1/35 5,000 5,246
California Health Facilities Financing Authority Revenue (El Camino Hospital) 5.000% 2/1/42 1,115 1,236
California Health Facilities Financing Authority Revenue (El Camino Hospital) 5.000% 2/1/47 1,555 1,717
1 California Health Facilities Financing Authority Revenue (Kaiser Permanente) 4.000% 11/1/44 10,000 10,068
California Health Facilities Financing Authority Revenue        
(Providence St. Joseph Health Obligated Group) 4.000% 10/1/36 5,000 5,146
California Health Facilities Financing Authority Revenue (St. Joseph Health System) 5.000% 7/1/33 2,000 2,261
California Health Facilities Financing Authority Revenue (St. Joseph Health System) 5.750% 7/1/39 8,000 8,648
California Health Facilities Financing Authority Revenue (Sutter Health) 5.875% 8/15/31 6,000 6,820
California Health Facilities Financing Authority Revenue (Sutter Health) 6.000% 8/15/42 15,000 17,049
California Health Facilities Financing Authority Revenue (Sutter Health) 5.000% 11/15/46 29,090 32,269
California Infrastructure & Economic Development Bank Revenue        
(Independent System Operator Corp. Project) 5.000% 2/1/34 13,800 15,443
California Municipal Finance Authority Revenue (Anaheim Electric Utility Distribution System) 5.000% 10/1/31 2,075 2,424
California Municipal Finance Authority Revenue        
(Community Hospitals of Central California Obligated Group) 5.000% 2/1/29 2,000 2,324
California Municipal Finance Authority Revenue        
(Community Hospitals of Central California Obligated Group) 5.000% 2/1/30 1,730 1,992
California Municipal Finance Authority Revenue (University of La Verne) 6.250% 6/1/20 (Prere.) 5,000 5,769
California Municipal Finance Authority Water Revenue        
(San Bernardino Municipal Water Department) 5.000% 8/1/41 (15) 5,000 5,593
California Public Works Board Lease Revenue (Department of General Services) 6.250% 4/1/19 (Prere.) 10,000 10,997
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 10/1/28 4,000 4,512
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 11/1/30 4,205 4,804
California Public Works Board Lease Revenue (Various Capital Projects) 5.500% 11/1/30 1,320 1,585
California Public Works Board Lease Revenue (Various Capital Projects) 5.250% 11/1/32 7,280 8,576
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 4/1/37 14,705 16,319
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 11/1/37 5,000 5,609
California State University Systemwide Revenue 5.250% 5/1/19 (Prere.) 8,600 9,327
California State University Systemwide Revenue 5.000% 11/1/29 3,750 4,456
California State University Systemwide Revenue 5.000% 11/1/36 6,000 7,008
California State University Systemwide Revenue 5.000% 11/1/37 5,000 5,807

 

235

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
California State University Systemwide Revenue 5.000% 11/1/41 15,950 18,235
California State University Systemwide Revenue 5.000% 11/1/43 3,190 3,635
California Statewide Communities Development Authority Revenue        
(Adventist Health System/West) 5.000% 3/1/28 5,575 6,616
California Statewide Communities Development Authority Revenue        
(Buck Institute for Age Research) 5.000% 11/15/49 (4) 6,200 6,878
California Statewide Communities Development Authority Revenue (Kaiser Permanente) 5.000% 4/1/42 24,250 26,478
California Statewide Communities Development Authority Revenue (Trinity Health) 5.000% 12/1/41 13,975 15,507
California Statewide Communities Development Authority Senior Living Revenue        
(Southern California Presbyterian Homes) 7.250% 11/15/41 3,000 3,307
California Statewide Communities Development Authority Student Housing Revenue        
(CHF-Irvine LLC - UCI East Campus Apartments Phase II) 5.750% 5/15/18 (Prere.) 4,000 4,206
Centinela Valley CA Union High School District GO 4.000% 8/1/41 (15) 5,645 5,781
Chabot-Las Positas CA Community College District GO 5.000% 8/1/27 4,175 4,885
Charter Oak CA Unified School District GO 5.000% 8/1/40 (4) 5,270 5,913
Chino CA Public Financing Authority Special Tax Revenue 5.000% 9/1/31 (4) 1,050 1,194
Chino CA Public Financing Authority Special Tax Revenue 5.000% 9/1/33 (4) 3,130 3,508
Chino CA Public Financing Authority Special Tax Revenue 5.000% 9/1/34 (4) 1,100 1,211
Chino CA Public Financing Authority Special Tax Revenue 5.000% 9/1/35 (4) 865 960
Chula Vista CA Industrial Development Revenue (San Diego Gas & Electric Co.) 5.875% 2/15/34 10,000 10,884
Chula Vista CA Municipal Financing Authority Special Tax Revenue 5.000% 9/1/34 2,840 3,124
Clovis CA Unified School District GO 5.000% 8/1/38 3,850 4,359
Coast CA Community College District GO 4.000% 8/1/30 4,500 4,942
Coast CA Community College District GO 4.000% 8/1/32 7,205 7,728
Contra Costa CA Community College District GO 4.000% 8/1/29 5,725 6,162
Corona-Norco CA Unified School District GO 5.000% 8/1/44 6,625 7,489
Corona-Norco CA Unified School District Special Tax Revenue        
(Community Facilities District No. 98-1) 5.000% 9/1/29 1,705 1,913
Corona-Norco CA Unified School District Special Tax Revenue        
(Community Facilities District No. 98-1) 5.000% 9/1/32 1,500 1,660
El Camino CA Community College District GO 4.000% 8/1/41 7,000 7,224
El Dorado CA Irrigation District Revenue 5.000% 3/1/34 (4) 1,480 1,676
Escondido CA GO 5.000% 9/1/32 3,855 4,491
Foothill-De Anza CA Community College District GO 4.000% 8/1/34 2,185 2,331
Foothill-De Anza CA Community College District GO 4.000% 8/1/35 2,000 2,122
Foothill-De Anza CA Community College District GO 5.000% 8/1/36 1,645 1,905
Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue 5.750% 1/15/46 10,000 11,430
1 Fresno CA Joint Powers Financing Authority Lease Revenue 5.000% 4/1/29 (4) 1,155 1,359
Gilroy CA School Facilities Finance Authority Revenue 5.000% 8/1/46 3,000 3,316
Gilroy CA Unified School District GO 4.000% 8/1/46 2,000 2,050
Grossmont CA Healthcare District GO 6.125% 7/15/21 (Prere.) 5,000 5,987
Grossmont CA Union High School District GO 4.000% 8/1/29 1,775 1,961
Grossmont CA Union High School District GO 4.000% 8/1/30 1,750 1,915
Imperial CA Irrigation District Electric Revenue 6.250% 11/1/20 (Prere.) 2,225 2,610
Jefferson CA Union High School District GO 5.000% 8/1/29 (15) 2,210 2,575
Jefferson CA Union High School District GO 5.000% 8/1/31 (15) 3,265 3,763
Kern County CA GO 6.000% 2/1/19 (Prere.) 2,500 2,718
Long Beach CA Harbor Revenue 5.000% 5/15/37 4,365 4,995
Long Beach CA Harbor Revenue 5.000% 5/15/42 1,500 1,707
Los Angeles CA Community College District GO 6.000% 8/1/19 (Prere.) 10,000 11,111
Los Angeles CA Community College District GO 4.000% 8/1/32 10,000 10,674
Los Angeles CA Department of Airports International Airport Revenue 5.000% 5/15/35 2,000 2,265
Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/33 1,555 1,799
Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/35 2,500 2,869
Los Angeles CA Department of Water & Power Revenue 5.375% 7/1/38 4,000 4,276
Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/43 5,000 5,606
Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/43 3,500 3,924
Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/43 9,000 10,114
Los Angeles CA Department of Water & Power Revenue 5.000% 7/1/46 5,200 5,925
Los Angeles CA Unified School District GO 5.000% 7/1/17 (Prere.) 27,240 27,434
Los Angeles CA Unified School District GO 5.000% 7/1/17 (Prere.) 7,435 7,488
Los Angeles CA Unified School District GO 5.000% 7/1/26 5,950 6,446
Los Angeles CA Unified School District GO 4.000% 7/1/33 6,000 6,343
Los Angeles CA Unified School District GO 4.000% 7/1/34 6,000 6,299
Los Angeles CA Wastewater System Revenue 5.750% 6/1/19 (Prere.) 6,145 6,742
Los Angeles CA Wastewater System Revenue 5.000% 6/1/28 1,500 1,798
Los Angeles CA Wastewater System Revenue 5.000% 6/1/28 2,000 2,398
Los Angeles CA Wastewater System Revenue 5.750% 6/1/28 4,935 5,397
Los Angeles CA Wastewater System Revenue 5.000% 6/1/29 2,085 2,484
Los Angeles CA Wastewater System Revenue 5.000% 6/1/30 2,000 2,365
Los Angeles CA Wastewater System Revenue 5.000% 6/1/30 1,700 2,011

 

236

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Los Angeles CA Wastewater System Revenue 5.000% 6/1/31 4,090 4,792
Los Angeles CA Wastewater System Revenue 5.000% 6/1/32 4,815 5,615
Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue 5.000% 7/1/38 10,000 11,761
Los Angeles County CA Public Works Financing Authority Lease Revenue 5.000% 8/1/31 2,790 3,164
Los Angeles County CA Redevelopment Authority Tax Allocation Revenue        
(Long Beach Project Area) 5.000% 8/1/29 4,140 4,840
Los Angeles County CA Redevelopment Authority Tax Allocation Revenue        
(Long Beach Project Area) 5.000% 8/1/30 4,685 5,439
Los Angeles County CA Redevelopment Authority Tax Allocation Revenue        
(Long Beach Project Area) 5.000% 8/1/31 7,180 8,286
Los Angeles County CA Redevelopment Authority Tax Allocation Revenue        
(Long Beach Project Area) 5.000% 8/1/32 6,465 7,425
M-S-R California Public Power Agency Revenue (San Juan Project) 6.750% 7/1/20 (ETM) 4,385 4,794
Marin CA Healthcare District GO 4.000% 8/1/40 7,825 8,024
Metropolitan Water District of Southern California Revenue 5.000% 7/1/35 5,000 5,418
Metropolitan Water District of Southern California Revenue 5.000% 7/1/40 1,745 2,011
Modesto CA Irrigation District COP 5.500% 7/1/18 (Prere.) 5,700 6,013
Modesto CA Irrigation District Financing Authority Revenue (Woodland Project) 6.500% 10/1/22 (ETM) 12,735 14,538
Monterey Peninsula CA Unified School District GO 4.000% 8/1/41 5,000 5,136
Monterey Peninsula CA Unified School District GO 4.000% 8/1/45 2,000 2,050
Mount Diablo CA Unified School District GO 5.000% 8/1/32 2,675 3,048
Newport Beach CA Revenue (Hoag Memorial Hospital Presbyterian) 6.000% 12/1/21 (Prere.) 3,500 4,185
2 Nuveen California AMT-Free Quality Municipal Income Fund VRDP VRDO 0.980% 5/5/17 LOC 5,000 5,000
Oakland CA GO 5.000% 1/15/28 1,230 1,462
Oakland CA GO 5.000% 1/15/35 4,025 4,560
Oakland CA Unified School District GO 5.000% 8/1/29 (4) 1,500 1,782
Oakland CA Unified School District GO 5.000% 8/1/30 (4) 1,000 1,180
Orange County CA Water District Revenue 4.000% 8/15/37 1,770 1,855
Orange County CA Water District Revenue 4.000% 8/15/41 2,500 2,605
Palmdale CA Community Redevelopment Agency Tax Allocation Revenue 5.000% 9/1/27 (14) 1,500 1,799
Palomar Pomerado Health California GO 0.000% 8/1/37 5,000 2,027
Palomar Pomerado Health California GO 0.000% 8/1/38 (12) 10,000 11,653
Poway CA Unified School District GO 0.000% 8/1/46 9,600 2,604
Poway CA Unified School District GO 0.000% 8/1/51 20,000 4,299
Riverside CA Community College District GO 5.000% 8/1/29 5,820 6,969
Riverside CA Community College District GO 5.000% 8/1/30 5,555 6,605
Riverside County CA Public Financing Authority Lease Revenue 5.000% 11/1/29 9,420 10,911
Riverside County CA Public Financing Authority Lease Revenue 5.250% 11/1/40 8,330 9,607
Riverside County CA Public Financing Authority Lease Revenue 5.250% 11/1/45 10,000 11,500
Riverside County CA Transportation Commission Toll Revenue 5.750% 6/1/44 3,000 3,359
Riverside County CA Transportation Commission Toll Revenue 5.750% 6/1/48 1,000 1,118
Sacramento CA City Financing Authority Tax Allocation Revenue 0.000% 12/1/28 (14) 15,815 10,705
Sacramento CA Municipal Utility District Revenue 5.000% 8/15/26 5,750 6,686
Sacramento CA Municipal Utility District Revenue 5.000% 8/15/27 1,385 1,600
Sacramento CA Municipal Utility District Revenue 5.000% 8/15/27 3,250 4,071
Sacramento CA Regional Transportation District Farebox Revenue 5.000% 9/1/20 (Prere.) 1,215 1,364
Sacramento CA Regional Transportation District Farebox Revenue 5.000% 3/1/42 2,035 2,220
Sacramento CA Unified School District GO 5.000% 8/1/27 (4) 1,310 1,556
Sacramento CA Unified School District GO 5.000% 8/1/28 (4) 2,000 2,358
Sacramento CA Unified School District GO 5.000% 8/1/29 (4) 1,240 1,450
Sacramento County CA Airport Revenue 6.000% 7/1/18 (Prere.) 10,500 11,136
San Bernardino CA Community College District GO 4.000% 8/1/27 10,000 11,000
San Bernardino CA Community College District GO 5.000% 8/1/48 3,750 4,213
San Bernardino County CA Medical Center COP 6.875% 8/1/24 (ETM) 13,000 16,434
San Diego CA Public Facilities Financing Authority Water Revenue 5.000% 8/1/29 5,770 6,660
San Diego CA Public Facilities Financing Authority Water Revenue 5.000% 8/1/37 4,740 5,493
San Diego CA Public Facilities Financing Authority Water Revenue 5.000% 8/1/38 3,000 3,466
San Diego CA Unified School District GO 4.000% 7/1/31 13,000 14,079
San Diego CA Unified School District GO 4.000% 7/1/35 1,435 1,507
San Diego CA Unified School District GO 0.000% 7/1/37 14,000 6,247
San Diego CA Unified School District GO 4.000% 7/1/45 24,000 24,537
San Diego County CA Regional Airport Authority Revenue 5.000% 7/1/43 5,450 6,018
San Dieguito CA Union High School District GO 4.000% 8/1/32 4,960 5,287
San Dieguito CA Union High School District GO 4.000% 8/1/33 1,820 1,928
San Francisco CA Bay Area Rapid Transit District GO 5.000% 8/1/37 1,125 1,295
San Francisco CA City & County COP 4.000% 9/1/34 5,085 5,314
San Francisco CA City & County International Airport Revenue 5.000% 5/3/21 (Prere.) 390 447
San Francisco CA City & County International Airport Revenue 5.000% 5/1/26 1,610 1,840
San Francisco CA City & County International Airport Revenue 6.000% 5/1/39 10,000 10,967

 

237

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
San Francisco CA City & County Public Utilities Commission Water Revenue 5.000% 11/1/29 8,810 10,657
San Francisco CA City & County Public Utilities Commission Water Revenue 5.000% 11/1/30 7,660 9,054
San Francisco CA City & County Public Utilities Commission Water Revenue 5.000% 11/1/35 5,255 5,974
San Francisco CA City & County Public Utilities Commission Water Revenue 5.000% 11/1/36 8,585 9,872
San Joaquin Hills CA Transportation Corridor Agency Toll Road Revenue 0.000% 1/15/25 (14) 9,250 6,995
San Jose CA Airport Revenue 5.000% 3/1/47 9,500 10,720
San Jose CA Redevelopment Agency Tax Allocation Revenue 5.000% 8/1/27 (14) 5,000 5,016
San Luis & Delta Mendota CA Water Authority Revenue 5.000% 3/1/43 (15) 5,140 5,649
San Mateo CA Union High School District GO 4.000% 9/1/31 6,240 6,764
San Mateo County CA Joint Powers Financing Authority Lease Revenue (Youth Services Campus) 5.000% 7/15/18 (Prere.) 5,000 5,255
San Ramon Valley CA Unified School District GO 4.000% 8/1/28 1,225 1,335
San Ramon Valley CA Unified School District GO 4.000% 8/1/28 1,225 1,335
San Ramon Valley CA Unified School District GO 4.000% 8/1/29 3,495 3,781
San Ramon Valley CA Unified School District GO 4.000% 8/1/31 1,855 1,987
San Ramon Valley CA Unified School District GO 4.000% 8/1/33 2,200 2,330
Santa Clara Valley CA Joint Powers Authority Revenue 5.000% 8/1/41 1,750 2,011
Santa Clara Valley CA Joint Powers Authority Revenue 5.000% 8/1/46 2,000 2,293
Southern California Public Power Authority Revenue 5.000% 7/1/29 2,670 2,963
Southwestern California Community College District GO 5.000% 8/1/44 7,800 8,824
State Center California Community College District GO 5.000% 8/1/17 (Prere.) 16,100 16,269
Stockton CA Unified School District GO 5.000% 8/1/42 (4) 4,650 5,153
Twin Rivers CA Unified School District GO 5.000% 8/1/40 (15) 5,000 5,517
Ukiah CA Electric Revenue 6.250% 6/1/18 (14) 1,610 1,650
University of California Regents Medical Center Pooled Revenue 4.000% 5/15/37 9,700 9,997
University of California Regents Medical Center Pooled Revenue 5.000% 5/15/41 15,000 16,968
University of California Regents Medical Center Pooled Revenue 4.000% 5/15/44 6,755 6,858
University of California Regents Medical Center Pooled Revenue 5.000% 5/15/47 2,425 2,729
University of California Revenue 4.000% 5/15/35 5,000 5,253
University of California Revenue 5.250% 5/15/37 3,000 3,519
University of California Revenue 5.000% 5/15/38 20,000 22,766
University of California Revenue 5.250% 5/15/38 10,000 11,689
University of California Revenue 5.000% 5/15/44 4,000 4,510
University of California Revenue 5.000% 5/15/46 4,000 4,562
Ventura County CA Community College District GO 5.500% 8/1/18 (Prere.) 12,000 12,707
Victor Valley CA Community College District GO 6.000% 8/1/19 (Prere.) 12,000 13,333
Vista CA Joint Powers Financing Authority Revenue 5.250% 5/1/31 5,110 6,051
Walnut CA Energy Center Authority Revenue 5.000% 1/1/35 8,985 9,715
Walnut Valley CA Unified School District GO 4.000% 8/1/29 1,000 1,105
Walnut Valley CA Unified School District GO 4.000% 8/1/30 2,000 2,188
Walnut Valley CA Unified School District GO 4.000% 8/1/31 2,000 2,157
Washington Township CA Health Care District GO 5.500% 8/1/38 5,125 6,032
West Contra Costa CA Unified School District GO 5.000% 8/1/45 8,000 8,976
West Contra Costa CA Unified School District GO 5.000% 8/1/45 4,250 4,768
Western Placer CA Unified School District COP 4.000% 8/1/41 (4) 5,365 5,448
Whittier CA Health Facilities Revenue (Presbyterian Intercommunity Hospital Obligated Group) 5.000% 6/1/44 10,500 11,351
        1,688,974
Colorado (1.3%)        
Adams & Arapahoe CO Joint School District No. 28J GO 5.000% 12/1/31 8,000 9,523
Adams & Weld County CO School District No. 27J GO 4.000% 12/1/30 1,000 1,084
Adams & Weld County CO School District No. 27J GO 4.000% 12/1/31 1,515 1,630
Colorado Board of Governors State University Enterprise System Revenue 5.000% 3/1/41 2,000 2,255
Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) 5.250% 2/1/31 4,000 4,208
Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) 5.500% 7/1/34 5,000 5,193
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 5.000% 12/1/33 5,000 5,266
Commerce City CO Sales & Use Tax Revenue 5.000% 8/1/44 (4) 4,000 4,417
Denver CO City & County Airport Revenue 5.000% 11/15/43 8,000 8,830
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/19 (14) 13,000 12,418
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/23 (14) 20,775 17,279
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/25 (14) 9,700 7,382
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/30 (14) 16,500 9,946
Garfield, Pitkin, & Eagle County CO School District GO 4.000% 12/15/31 4,470 4,861
Regional Transportation District of Colorado Sales Tax Revenue        
(Denver Transit Partners Eagle P3 Project) 6.000% 1/15/34 5,000 5,533
Regional Transportation District of Colorado Sales Tax Revenue        
(Denver Transit Partners Eagle P3 Project) 6.000% 1/15/41 14,765 16,295
University of Colorado COP 4.000% 11/1/30 12,675 13,414
University of Colorado Enterprise System Revenue 5.000% 6/1/37 975 1,091
        130,625
Connecticut (0.4%)        
Connecticut GO 5.000% 4/15/26 5,000 5,634
Connecticut GO 5.000% 10/15/26 4,140 4,705

 

238

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Connecticut GO 5.000% 11/1/26 3,000 3,403
Connecticut GO 5.000% 4/15/28 5,000 5,961
Connecticut GO 5.000% 10/15/31 1,850 2,078
Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program 4.000% 11/15/32 3,615 3,839
Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program 4.000% 11/15/44 2,265 2,388
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 10/1/31 7,500 8,645
Connecticut Special Tax Revenue (Transportation Infrastructure) 5.000% 9/1/33 7,000 7,990
        44,643
Delaware (0.1%)        
Delaware Transportation Authority Transportation System Revenue 5.000% 6/1/55 8,940 9,668
University of Delaware Revenue 5.000% 11/1/32 1,990 2,283
University of Delaware Revenue 5.000% 11/1/33 1,000 1,143
        13,094
District of Columbia (0.8%)        
District of Columbia GO 5.000% 6/1/26 7,395 8,936
District of Columbia GO 5.000% 6/1/27 3,000 3,663
District of Columbia GO 5.000% 6/1/27 2,000 2,406
District of Columbia GO 5.000% 6/1/28 2,750 3,280
District of Columbia GO 5.000% 6/1/38 10,000 11,344
District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) 5.000% 7/15/33 9,235 10,505
District of Columbia Revenue (Georgetown University) 5.500% 10/1/18 (Prere.) 5,000 5,320
District of Columbia Revenue (National Public Radio, Inc.) 5.000% 4/1/29 3,560 4,139
District of Columbia Revenue (National Public Radio, Inc.) 5.000% 4/1/30 3,025 3,492
District of Columbia Water & Sewer Authority Public Utility Revenue 5.000% 10/1/34 5,750 6,649
District of Columbia Water & Sewer Authority Public Utility Revenue 5.000% 10/1/37 10,000 11,057
Metropolitan Washington DC/VA Airports Authority Dulles Toll Road Revenue        
(Dulles Metrorail & Capital Improvement Projects) 5.000% 10/1/53 7,500 7,859
        78,650
Florida (5.5%)        
Alachua County FL Health Facilities Authority Revenue (East Ridge Retirement Village) 6.250% 11/15/44 4,250 4,569
Alachua County FL Health Facilities Authority Revenue        
(Shands Teaching Hospital & Clinics, Inc. Project) 5.000% 12/1/44 10,075 10,956
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 7.000% 4/1/19 (Prere.) 7,000 7,790
Broward County FL Airport System Revenue 5.375% 10/1/29 1,500 1,640
Broward County FL Airport System Revenue 5.250% 10/1/38 14,000 15,898
Broward County FL Port Facilities Revenue 6.000% 9/1/25 2,000 2,208
Broward County FL Sales Tax Revenue (Main Courthouse Project) 5.250% 10/1/36 17,500 19,346
Clearwater FL Water & Sewer Revenue 5.250% 12/1/19 (Prere.) 5,000 5,525
Collier County FL Special Obligation Revenue 5.000% 7/1/34 3,000 3,252
Florida Board of Education Lottery Revenue 5.000% 7/1/27 16,780 20,338
Florida Board of Education Public Education Capital Outlay GO 4.000% 6/1/33 15,995 17,077
Florida Municipal Power Agency Revenue 6.250% 10/1/19 (Prere.) 2,000 2,243
Florida Municipal Power Agency Revenue 5.000% 10/1/31 910 953
Florida Water Pollution Control Financing Corp. Revenue 5.000% 1/15/25 3,000 3,194
Halifax Hospital Medical Center Florida Hospital Revenue 5.500% 6/1/18 (Prere.) 3,000 3,148
Highlands County FL Health Facilities Authority Hospital Revenue        
(Adventist Health System/Sunbelt Obligated Group) 5.625% 11/15/37 5,000 5,473
Hillsborough County FL Industrial Development Authority Hospital Revenue        
(H. Lee Moffitt Cancer Center Project) 5.250% 7/1/17 (Prere.) 7,085 7,141
Hillsborough County FL Industrial Development Authority Hospital Revenue        
(Tampa General Hospital Project) 5.000% 10/1/34 12,750 13,988
Hillsborough County FL Industrial Development Authority Revenue        
(University Community Hospital) 6.500% 8/15/19 (ETM) 5,415 5,786
Hillsborough County FL School Board COP 5.000% 7/1/25 2,500 2,755
Jacksonville FL Electric Authority Revenue (St. John’s River Power Park) 5.000% 10/1/37 4,500 4,570
Jacksonville FL Electric Authority Water & Sewer Revenue 5.000% 10/1/33 3,500 3,918
Jacksonville FL Health Facilities Authority Hospital Revenue (Baptist Medical Center Project) 5.000% 8/15/27 2,500 2,528
Jacksonville FL Health Facilities Authority Hospital Revenue (Baptist Medical Center Project) 5.000% 8/15/37 3,800 3,828
Jacksonville FL Transportation Revenue 5.000% 10/1/31 2,000 2,265
Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) 5.000% 11/15/40 2,500 2,704
Marion County FL Hospital District Health System Improvement Revenue        
(Munroe Regional Health System) 5.000% 10/1/17 (Prere.) 14,290 14,541
Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) 5.000% 11/15/45 6,940 7,360
Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) 5.000% 11/15/44 5,000 5,336
Miami Beach FL Parking Revenue 5.000% 9/1/31 (15) 1,635 1,867
Miami Beach FL Parking Revenue 5.000% 9/1/40 (15) 1,850 2,053
Miami Beach FL Resort Tax Revenue 5.000% 9/1/31 1,000 1,158
Miami FL Special Obligation Revenue (Marlins Stadium Project) 5.250% 7/1/35 (4) 2,000 2,164
Miami FL Special Obligation Revenue (Street & Sidewalk Improvement Program) 5.625% 1/1/39 2,000 2,128
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/23 3,000 3,350

 

239

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/24 3,000 3,348
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.750% 10/1/25 4,720 5,227
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/28 2,000 2,226
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/29 14,165 15,759
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/30 4,270 4,709
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.375% 10/1/35 5,200 5,750
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.500% 10/1/41 9,000 9,833
Miami-Dade County FL Building Better Communities GO 5.000% 7/1/41 20,480 23,216
Miami-Dade County FL Health Facilities Authority Hospital Revenue (Nicklaus Children’s Hospital) 5.000% 8/1/36 885 993
Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) 5.000% 6/1/48 10,000 9,814
1 Miami-Dade County FL Public Facilities Revenue (Public Health Trust) 5.000% 6/1/35 3,320 3,746
1 Miami-Dade County FL Public Facilities Revenue (Public Health Trust) 5.000% 6/1/36 3,775 4,246
1 Miami-Dade County FL Public Facilities Revenue (Public Health Trust) 5.000% 6/1/37 12,485 13,998
Miami-Dade County FL Seaport Revenue 5.750% 10/1/32 5,150 6,011
Miami-Dade County FL Seaport Revenue 5.500% 10/1/42 5,000 5,779
Miami-Dade County FL Special Obligation Revenue 5.000% 10/1/31 10,000 11,223
Miami-Dade County FL Special Obligation Revenue 5.000% 10/1/37 2,500 2,750
Miami-Dade County FL Transit Sales Surtax Revenue 4.000% 7/1/32 11,860 12,474
Miami-Dade County FL Transit Sales Surtax Revenue 5.000% 7/1/37 7,000 7,830
Miami-Dade County FL Water & Sewer Revenue 5.000% 10/1/17 (Prere.) 7,000 7,123
North Brevard County FL Hospital District Revenue (Parrish Medical Center Project) 5.750% 10/1/18 (Prere.) 1,425 1,522
North Brevard County FL Hospital District Revenue (Parrish Medical Center Project) 5.750% 10/1/38 575 602
Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) 5.000% 10/1/42 6,940 7,433
Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) 5.000% 10/1/42 2,000 2,142
Orange County FL Health Facilities Authority Revenue (Nemours Foundation Project) 5.000% 1/1/39 6,500 6,819
Orange County FL Health Facilities Authority Revenue        
(Presbyterian Retirement Communities Inc.) 5.000% 8/1/47 7,500 7,979
Orange County FL School Board COP 5.000% 8/1/17 (Prere.) 5,000 5,054
Orlando & Orange County FL Expressway Authority Revenue 5.000% 7/1/17 (Prere.) 5,340 5,379
Orlando & Orange County FL Expressway Authority Revenue 5.000% 7/1/32 1,500 1,692
Orlando FL Utility Commission Utility System Revenue 5.000% 10/1/33 2,030 2,172
Osceola County FL Expressway System Revenue (Poinciana Parkway Project) 0.000% 10/1/39 6,000 4,418
Osceola County FL Expressway System Revenue (Poinciana Parkway Project) 0.000% 10/1/42 7,540 5,538
Osceola County FL Expressway System Revenue (Poinciana Parkway Project) 5.375% 10/1/47 2,000 2,137
Palm Beach County FL School Board COP 5.000% 8/1/17 (Prere.) 2,000 2,022
Palm Beach County FL Solid Waste Authority Revenue 5.500% 10/1/18 (Prere.) 25,000 26,595
Port St. Lucie FL Revenue 6.250% 9/1/18 (Prere.) 10,000 10,706
Port St. Lucie FL Utility Revenue 5.000% 9/1/18 (Prere.) 1,810 1,907
Port St. Lucie FL Utility Revenue 5.000% 9/1/35 (12) 190 199
Sarasota County FL Public Hospital District Hospital Revenue        
(Sarasota Memorial Hospital Project) 5.625% 7/1/39 10,000 10,655
Sarasota County FL School Board COP 5.375% 7/1/19 (Prere.) 3,000 3,275
St. Johns County FL Development Authority Revenue        
(Presbyterian Retirement Communities Project) 6.000% 8/1/20 (Prere.) 5,000 5,744
St. Petersburg FL Health Facilities Authority Revenue (All Children’s Hospital Inc. Obligated Group) 6.500% 11/15/19 (Prere.) 2,000 2,265
St. Petersburg FL Public Utility Revenue 5.500% 10/1/19 (Prere.) 1,000 1,104
Sumter County FL Industrial Development Authority Hospital Revenue        
(Central Florida Health Alliance Project) 5.250% 7/1/44 3,000 3,216
Sunrise FL Utility System Revenue 5.500% 10/1/18 (ETM) 6,795 7,060
Sunrise FL Utility System Revenue 5.200% 10/1/22 (2) 9,550 10,088
Tallahassee FL Energy System Revenue 5.000% 10/1/37 (14) 2,500 2,540
Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) 5.000% 12/1/44 6,860 7,291
Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) 5.000% 9/1/26 1,000 1,139
Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) 5.000% 9/1/28 1,700 1,918
Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) 5.000% 9/1/29 1,950 2,189
Tampa FL Health System Revenue (BayCare Health System) 5.000% 11/15/33 7,407 8,231
Tohopekaliga FL Water Authority Utility System Revenue 5.750% 10/1/21 (Prere.) 1,750 2,073
Tohopekaliga FL Water Authority Utility System Revenue 5.750% 10/1/21 (Prere.) 1,525 1,806
Tohopekaliga FL Water Authority Utility System Revenue 5.750% 10/1/21 (Prere.) 1,600 1,895
West Palm Beach FL Revenue 5.000% 10/1/37 10,655 12,186
West Palm Beach FL Revenue 5.000% 10/1/40 11,000 12,523
        560,619
Georgia (2.2%)        
Atlanta GA Airport Revenue 5.000% 1/1/33 2,615 2,899
Atlanta GA Airport Revenue 5.000% 1/1/33 5,000 5,544
Atlanta GA Airport Revenue 5.000% 1/1/34 2,750 3,040
Atlanta GA Airport Revenue 5.000% 1/1/34 5,000 5,527
Atlanta GA Airport Revenue 5.000% 1/1/37 6,010 6,610
Atlanta GA Development Authority Revenue 5.250% 7/1/40 2,500 2,858
Atlanta GA Development Authority Revenue 5.250% 7/1/44 5,500 6,271
Atlanta GA Water & Wastewater Revenue 5.000% 11/1/35 5,000 5,753

 

240

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Burke County GA Development Authority Pollution Control Revenue        
(Oglethorpe Power Corp. Vogtle Project) 5.500% 1/1/33 3,000 3,077
Clarke County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) 4.000% 7/1/32 3,275 3,387
Dalton GA Development Authority Revenue (Hamilton Health Care System) 5.500% 8/15/26 (14) 12,000 13,896
DeKalb County GA Water & Sewer Revenue 5.250% 10/1/36 3,000 3,403
Fayette County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) 5.000% 7/1/46 15,000 16,615
Fulton County GA Development Authority Revenue (Piedmont Healthcare Inc. Project) 4.000% 7/1/31 1,865 1,921
Gainesville & Hall County GA Hospital Authority Revenue        
(Northeast Georgia Health System Inc. Project) 4.000% 2/15/42 5,000 5,000
Gainesville & Hall County GA Hospital Authority Revenue        
(Northeast Georgia Health System Inc. Project) 5.000% 2/15/45 5,000 5,504
Gainesville & Hall County GA Hospital Authority Revenue        
(Northeast Georgia Health System Inc. Project) 5.500% 8/15/54 10,000 11,635
Georgia GO 5.000% 2/1/29 5,660 6,853
Georgia GO 5.000% 7/1/29 2,000 2,288
Georgia Municipal Electric Power Authority Revenue 5.000% 1/1/30 4,265 4,712
Georgia Municipal Electric Power Authority Revenue 5.000% 1/1/39 7,000 7,573
Gwinnett County GA School District GO 5.000% 2/1/36 5,000 5,713
Henry County GA School District GO 4.000% 8/1/29 5,000 5,533
Henry County GA School District GO 4.000% 8/1/30 5,000 5,486
Macon-Bibb County GA Hospital Authority Revenue (Medical Center of Central Georgia) 5.000% 8/1/32 4,500 4,778
Macon-Bibb County GA Hospital Authority Revenue (Medical Center of Central Georgia) 5.000% 8/1/35 3,405 3,605
Main Street Natural Gas Inc. Georgia Gas Project Revenue 5.500% 9/15/25 15,000 17,772
Metropolitan Atlanta GA Rapid Transportation Authority Georgia Sales Tax Revenue 6.250% 7/1/18 3,640 3,761
Metropolitan Atlanta Rapid Transportation Authority Georgia Sales Tax Revenue 5.000% 7/1/36 12,000 13,902
Metropolitan Atlanta Rapid Transportation Authority Georgia Sales Tax Revenue 5.000% 7/1/37 15,785 18,232
Municipal Electric Authority Georgia Revenue 5.500% 7/1/18 (Prere.) 5,180 5,454
Municipal Electric Authority Georgia Revenue 5.500% 1/1/26 1,820 1,909
Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project J) 5.500% 7/1/60 5,000 5,616
Private Colleges & University Authority of Georgia Revenue (Emory University) 5.000% 9/1/32 1,500 1,627
Richmond County GA Hospital Authority Revenue (University Health Services Inc. Project) 4.000% 1/1/34 5,000 5,171
        222,925
Hawaii (1.1%)        
Hawaii Department of Budget & Finance Special Purpose Revenue        
(Hawaii Pacific Health Obligated Group) 5.500% 7/1/38 4,360 4,928
Hawaii GO 4.000% 10/1/27 3,705 4,134
Hawaii GO 4.000% 4/1/30 7,500 8,138
Hawaii GO 4.000% 10/1/30 15,460 16,840
Hawaii GO 4.000% 4/1/31 7,500 8,077
Hawaii GO 4.000% 10/1/31 6,640 7,176
Hawaii GO 4.000% 10/1/33 3,750 4,004
Hawaii Harbor System Revenue 5.500% 7/1/35 5,000 5,508
Hawaii Harbor System Revenue 5.625% 7/1/40 5,000 5,527
Hawaii Highway Revenue 4.000% 1/1/32 1,000 1,074
Honolulu HI City & County GO 5.000% 10/1/32 6,840 7,973
Honolulu HI City & County Wastewater System Revenue 5.000% 7/1/28 3,250 3,917
Honolulu HI City & County Wastewater System Revenue 4.000% 7/1/29 9,610 10,554
Honolulu HI City & County Wastewater System Revenue 5.000% 7/1/29 2,500 2,988
Honolulu HI City & County Wastewater System Revenue 5.000% 7/1/30 4,250 5,051
Honolulu HI City & County Wastewater System Revenue 5.000% 7/1/40 10,000 11,386
University of Hawaii Revenue 6.000% 10/1/38 2,500 2,765
        110,040
Idaho (0.1%)        
Idaho Health Facilities Authority Revenue (Trinity Health Group) 6.250% 12/1/18 (Prere.) 6,000 6,494
Idaho Housing & Finance Association RAN 5.000% 7/15/22 6,465 6,964
        13,458
Illinois (7.2%)        
Chicago IL Board of Education GO 5.500% 12/1/26 (14) 5,225 5,641
Chicago IL Board of Education GO 5.500% 12/1/30 (2) 3,490 3,523
Chicago IL Board of Education GO 5.500% 12/1/39 1,815 1,504
Chicago IL Board of Education GO 5.000% 12/1/41 6,920 5,578
Chicago IL Board of Education GO 5.250% 12/1/41 3,140 2,558
Chicago IL Board of Education GO 5.000% 12/1/42 15,500 12,494
Chicago IL GO 5.000% 1/1/21 (4) 3,000 3,053
Chicago IL GO 5.600% 1/1/24 (14) 2,480 2,488
Chicago IL GO 5.610% 1/1/25 (14) 1,305 1,309
Chicago IL GO 5.650% 1/1/28 (14) 2,820 2,829
Chicago IL GO 5.000% 1/1/34 8,000 7,676
Chicago IL GO 5.000% 1/1/38 2,000 1,891
Chicago IL Metropolitan Water Reclamation District GO 5.000% 12/1/31 7,500 8,325

 

241

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Chicago IL Midway Airport Revenue 5.000% 1/1/35 7,800 8,613
Chicago IL Midway Airport Revenue 5.000% 1/1/36 2,000 2,205
Chicago IL O’Hare International Airport Revenue 6.500% 1/1/21 (Prere.) 3,000 3,563
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/30 26,870 30,667
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/33 5,615 6,326
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/38 7,000 7,757
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/41 3,400 3,768
Chicago IL O’Hare International Airport Revenue 5.250% 1/1/42 12,000 13,870
Chicago IL O’Hare International Airport Revenue 5.750% 1/1/43 9,000 10,112
Chicago IL Park District GO 5.000% 1/1/36 4,000 4,198
Chicago IL Park District GO 5.000% 1/1/40 3,250 3,501
Chicago IL Public Building Commission GO 7.000% 1/1/20 (ETM) 27,500 30,747
Chicago IL Sales Tax Revenue 5.000% 1/1/29 4,265 4,371
Chicago IL Sales Tax Revenue 5.250% 1/1/38 2,055 2,122
Chicago IL Transit Authority Sales Tax Receipts Revenue 5.250% 12/1/36 6,400 6,851
Chicago IL Wastewater Transmission Revenue 5.000% 1/1/39 1,500 1,593
2 Chicago IL Water Revenue TOB VRDO 1.100% 5/5/17 6,470 6,470
Chicago IL Waterworks Revenue 5.000% 11/1/44 7,500 7,947
Cook County IL Community College District GO 5.125% 12/1/38 4,250 4,413
Cook County IL Forest Preservation District GO 5.000% 12/15/32 1,000 1,071
Cook County IL Forest Preservation District GO 5.000% 12/15/37 2,500 2,661
Illinois Finance Authority Revenue (Advocate Health Care Network) 5.000% 6/1/42 16,580 17,883
Illinois Finance Authority Revenue (Advocate Health Care Network) VRDO 0.920% 5/5/17 6,900 6,900
Illinois Finance Authority Revenue (Art Institute of Chicago) 5.000% 3/1/34 7,750 8,469
Illinois Finance Authority Revenue (Ascension Health Credit Group) 5.000% 11/15/37 5,000 5,480
Illinois Finance Authority Revenue (Ascension Health Credit Group) 5.000% 11/15/42 17,895 19,549
Illinois Finance Authority Revenue (Carle Foundation) 6.000% 8/15/41 (4) 1,500 1,703
Illinois Finance Authority Revenue (Carle Foundation) 6.000% 8/15/41 5,000 5,663
Illinois Finance Authority Revenue (Carle Foundation) 5.000% 2/15/45 20,000 21,454
Illinois Finance Authority Revenue (Central DuPage Health) 5.250% 11/1/39 4,000 4,275
Illinois Finance Authority Revenue (Chicago University) 5.500% 8/15/19 (Prere.) 15,000 16,490
Illinois Finance Authority Revenue (Children’s Memorial Hospital) 5.375% 8/15/39 10,000 10,422
Illinois Finance Authority Revenue (Edward Elmhurst Obligated Group) 5.000% 1/1/34 5,000 5,477
Illinois Finance Authority Revenue (Franciscan Communities Inc.) 5.125% 5/15/43 3,250 3,255
Illinois Finance Authority Revenue (Franciscan Communities Inc.) 5.250% 5/15/47 10,255 10,300
Illinois Finance Authority Revenue (Illinois Wesleyan University) 5.000% 9/1/36 1,000 1,074
Illinois Finance Authority Revenue (Loyola University) 5.000% 7/1/42 2,000 2,151
Illinois Finance Authority Revenue (Mercy Health System) 5.000% 12/1/46 12,250 13,003
Illinois Finance Authority Revenue (Northwestern Community Hospital) 5.375% 7/1/18 (Prere.) 3,000 3,156
Illinois Finance Authority Revenue (OSF Healthcare System) 7.000% 5/15/19 (Prere.) 15,000 16,780
Illinois Finance Authority Revenue (OSF Healthcare System) 6.000% 5/15/20 (Prere.) 4,085 4,651
Illinois Finance Authority Revenue (OSF Healthcare System) 4.000% 5/15/32 3,080 3,113
Illinois Finance Authority Revenue (OSF Healthcare System) 4.000% 5/15/33 1,110 1,115
Illinois Finance Authority Revenue (OSF Healthcare System) 4.000% 5/15/34 2,800 2,797
Illinois Finance Authority Revenue (OSF Healthcare System) 6.000% 5/15/39 1,855 2,041
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 5/15/41 6,000 6,396
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 11/15/45 5,000 5,408
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 4.000% 2/15/41 4,000 3,513
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/41 2,000 2,096
Illinois Finance Authority Revenue (Riverside Health System) 6.250% 11/15/19 (Prere.) 2,775 3,127
Illinois Finance Authority Revenue (Riverside Health System) 6.250% 11/15/35 1,825 2,000
Illinois Finance Authority Revenue (Rush University Medical Center) 5.000% 11/15/33 5,000 5,544
Illinois Finance Authority Revenue (Silver Cross & Medical Centers) 7.000% 8/15/19 (Prere.) 16,000 18,113
Illinois Finance Authority Revenue (Southern Illinois Healthcare) 5.375% 3/1/35 (4) 5,120 5,501
Illinois Finance Authority Revenue (Trinity Health Corp.) 5.000% 12/1/30 3,000 3,331
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/32 790 885
Illinois Finance Authority Revenue (University of Chicago) 5.000% 10/1/33 10,000 11,308
Illinois GO 5.000% 3/1/21 4,000 4,218
Illinois GO 5.000% 8/1/21 7,000 7,399
Illinois GO 5.000% 11/1/23 5,000 5,302
Illinois GO 5.000% 8/1/24 9,000 9,393
Illinois GO 5.000% 2/1/25 1,630 1,706
Illinois GO 5.500% 7/1/25 2,800 3,012
Illinois GO 5.000% 8/1/25 5,110 5,289
Illinois GO 5.000% 1/1/28 9,125 9,443
Illinois GO 5.250% 2/1/32 8,075 8,254
Illinois GO 5.250% 2/1/33 (4) 5,200 5,534
Illinois GO 5.500% 7/1/33 (4) 3,350 3,642
Illinois GO 5.250% 2/1/34 (4) 3,125 3,312
Illinois GO 5.000% 5/1/34 2,000 2,004
Illinois GO 5.500% 7/1/38 7,500 7,773

 

242

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Illinois GO 5.000% 2/1/39 5,000 4,993
Illinois Regional Transportation Authority Revenue 7.200% 11/1/20 (2) 10,905 12,152
Illinois Sports Facility Authority Revenue 5.500% 6/15/30 (2) 7,085 7,256
Illinois Toll Highway Authority Revenue 5.500% 1/1/18 (Prere.) 20,000 20,623
Illinois Toll Highway Authority Revenue 5.000% 1/1/36 10,000 11,125
Illinois Toll Highway Authority Revenue 5.000% 1/1/38 10,000 11,036
Illinois Toll Highway Authority Revenue 5.000% 1/1/40 15,400 17,127
2 Lake, Cook, Kane, & McHenry Counties IL Community Unified School District GO TOB VRDO 0.960% 5/5/17 1,360 1,360
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 6/15/25 (14) 10,000 7,407
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 12/15/31 (14) 17,500 9,231
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 6/15/33 (14) 7,500 3,624
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 12/15/34 (14) 4,870 2,173
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 6/15/44 (4) 10,000 2,689
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue        
(McCormick Place Expansion Project) 0.000% 12/15/24 (14) 2,715 2,095
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue        
(McCormick Place Expansion Project) 0.000% 6/15/31 (14) 17,500 9,435
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue        
(McCormick Place Expansion Project) 0.000% 6/15/32 (14) 7,500 3,831
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue        
(McCormick Place Expansion Project) 5.000% 6/15/42 3,965 3,980
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue        
(McCormick Place Expansion Project) 5.500% 6/15/53 1,000 1,052
Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue 6.000% 6/1/28 15,000 17,064
Springfield IL Water Revenue 5.000% 3/1/37 8,000 8,936
University of Illinois Auxiliary Facilities System Revenue 5.500% 4/1/31 3,000 3,369
Will County IL Community High School District No. 210 (Lincoln-Way) GO 5.000% 1/1/27 115 107
Will County IL Community High School District No. 210 (Lincoln-Way) GO 5.000% 1/1/29 9,100 8,329
Will County IL Community High School District No. 210 (Lincoln-Way) GO 0.000% 1/1/32 16,500 7,160
        728,553
Indiana (1.8%)        
Ball State University Student Fee Indiana Revenue 5.000% 7/1/29 1,250 1,489
Ball State University Student Fee Indiana Revenue 5.000% 7/1/30 850 1,007
Ball State University Student Fee Indiana Revenue 5.000% 7/1/31 400 471
Indiana Finance Authority Health System Revenue        
(Sisters of St. Francis Health Services Inc. Obligated Group) 5.250% 11/1/39 3,000 3,225
Indiana Finance Authority Health System Revenue        
(Sisters of St. Francis Health Services Inc. Obligated Group) 5.000% 11/1/41 12,815 14,169
Indiana Finance Authority Revenue (BHI Senior Living) 6.000% 11/15/41 10,000 11,099
Indiana Finance Authority Revenue        
(Community Foundation of Northwest Indiana Obligated Group) 5.000% 3/1/41 6,500 6,934
Indiana Finance Authority Revenue (Marquette Project) 5.000% 3/1/30 1,100 1,185
Indiana Finance Authority Revenue (Marquette Project) 5.000% 3/1/39 2,770 2,874
Indiana Finance Authority Revenue (Stadium Project) 5.250% 2/1/32 6,130 7,186
Indiana Finance Authority Revenue (Stadium Project) 5.250% 2/1/33 12,610 14,711
Indiana Finance Authority Revenue (Stadium Project) 5.250% 2/1/34 8,760 10,178
Indiana Finance Authority Revenue (Stadium Project) 5.250% 2/1/35 2,500 2,897
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/37 7,000 7,755
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/39 7,000 7,866
Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) 5.000% 10/1/46 15,000 16,640
Indiana Finance Authority Water Utilities Revenue 5.000% 10/1/41 11,335 12,806
Indiana Finance Authority Water Utilities Revenue 5.000% 10/1/46 7,140 8,036
Indianapolis IN Local Public Improvement Bond Bank Revenue (PILOT Infrastructure Project) 5.000% 1/1/29 (4) 5,245 5,730
Indianapolis IN Local Public Improvement Bond Bank Revenue        
(Qualified Midwestern Disaster Area) 5.750% 2/1/36 8,800 9,959
Indianapolis IN Local Public Improvement Bond Bank Revenue (Waterworks Project) 5.750% 1/1/19 (Prere.) 1,955 2,109
Indianapolis IN Local Public Improvement Bond Bank Revenue (Waterworks Project) 5.750% 1/1/38 8,045 8,597
Northern Indiana Commuter Transportation District Revenue 5.000% 7/1/32 1,000 1,140
Purdue University Indiana University COP 5.000% 7/1/27 5,305 6,459
Purdue University Indiana University Student Fee Revenue 5.000% 7/1/32 6,945 8,030
Purdue University Indiana University Student Fee Revenue 5.000% 7/1/33 5,575 6,417
Purdue University Indiana University Student Fee Revenue 5.000% 7/1/34 4,810 5,511
        184,480
Iowa (0.5%)        
Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) 5.500% 12/1/22 11,675 11,872
Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) 5.250% 12/1/25 15,000 15,171
Iowa Finance Authority Revenue (Lifespace Communities Inc. Obligated Group) 5.000% 5/15/41 1,345 1,424
Iowa Finance Authority Revenue (Lifespace Communities Inc. Obligated Group) 5.000% 5/15/47 12,340 13,010
Iowa Higher Education Loan Authority Revenue Private College Facility (Grinnell College Project) 5.000% 12/1/46 10,700 12,452
        53,929

 

243

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Kansas (0.6%)        
Johnson County KS Unified School District No. 233 GO 4.000% 9/1/30 5,000 5,413
Johnson County KS Unified School District No. 233 GO 4.000% 9/1/31 4,000 4,297
Kansas Development Finance Authority Revenue 5.000% 5/1/29 2,275 2,648
Kansas Development Finance Authority Revenue 5.000% 5/1/30 4,165 4,828
Kansas Development Finance Authority Revenue 5.000% 5/1/31 4,975 5,725
Kansas Development Finance Authority Revenue 5.000% 5/1/32 5,225 5,950
Kansas Development Finance Authority Revenue 5.000% 5/1/33 1,610 1,826
Kansas Development Finance Authority Revenue 5.000% 5/1/34 1,590 1,798
Kansas Development Finance Authority Revenue 5.000% 4/1/35 16,585 18,297
Kansas Development Finance Authority Revenue 5.000% 5/1/35 1,665 1,878
Wyandotte County/Kansas City KS Unified Government Utility System Revenue 5.000% 9/1/44 2,750 3,037
        55,697
Kentucky (0.6%)        
Kentucky Economic Development Finance Authority Hospital Revenue        
(Baptist Healthcare System Obligated Group) 5.375% 8/15/24 5,000 5,240
Kentucky Economic Development Finance Authority Hospital Revenue        
(Baptist Healthcare System Obligated Group) 5.000% 8/15/42 6,225 6,483
Kentucky Public Transportation Infrastructure Authority Toll Revenue        
(Downtown Crossing Project) BAN 0.000% 7/1/34 2,000 1,693
Kentucky Public Transportation Infrastructure Authority Toll Revenue        
(Downtown Crossing Project) BAN 0.000% 7/1/43 10,000 8,284
Kentucky Public Transportation Infrastructure Authority Toll Revenue        
(Downtown Crossing Project) BAN 5.750% 7/1/49 11,900 13,065
Kentucky Public Transportation Infrastructure Authority Toll Revenue        
(Downtown Crossing Project) BAN 6.000% 7/1/53 5,000 5,585
Louisville & Jefferson County KY Metropolitan Government Health System Revenue        
(Norton Healthcare Obligated Group) 5.750% 10/1/42 13,000 14,670
Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) 5.000% 12/1/35 1,065 1,118
Warren County KY Hospital Revenue        
(Bowling Green-Warren County Community Hospital Corp. Project) 5.000% 4/1/35 1,600 1,735
        57,873
Louisiana (0.6%)        
East Baton Rouge Parish LA Sewer Commission Revenue 5.000% 2/1/33 5,405 6,108
East Baton Rouge Parish LA Sewer Commission Revenue 5.000% 2/1/34 5,290 5,951
Jefferson LA Sales Tax District Special Sales Tax Revenue 5.000% 12/1/30 (4) 1,300 1,531
Jefferson LA Sales Tax District Special Sales Tax Revenue 5.000% 12/1/32 (4) 1,500 1,745
Lafayette LA Communications System Revenue 5.000% 11/1/26 (4) 3,185 3,722
Lafayette LA Communications System Revenue 5.000% 11/1/28 (4) 1,250 1,429
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (East Baton Rouge Sewerage Commission Projects) 5.000% 2/1/39 4,250 4,636
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (LCTCS Facilities Corp. Project) 5.000% 10/1/35 5,180 5,832
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (Women’s Hospital Foundation Project) 5.875% 10/1/40 14,000 15,600
Louisiana Stadium & Exposition District Revenue 5.000% 7/1/28 4,000 4,474
Louisiana Stadium & Exposition District Revenue 5.000% 7/1/29 3,000 3,335
Louisiana State University Revenue 5.000% 7/1/24 1,000 1,168
Louisiana State University Revenue 5.000% 7/1/25 505 584
St. Charles Parish LA Gulf Opportunity Zone Revenue (Valero Energy Corp.) PUT 4.000% 6/1/22 4,000 4,203
        60,318
Maine (0.1%)        
Maine Health & Higher Educational Facilities Authority Revenue (Bates College) 5.000% 7/1/38 4,000 4,455
Maine Health & Higher Educational Facilities Authority Revenue        
(Stephens Memorial Hospital Association) 5.000% 7/1/39 5,100 5,571
        10,026
Maryland (1.8%)        
Anne Arundel County MD GO 5.000% 10/1/31 3,615 4,336
Anne Arundel County MD GO 5.000% 10/1/31 2,075 2,489
Anne Arundel County MD GO 5.000% 10/1/32 3,615 4,309
Anne Arundel County MD GO 5.000% 10/1/32 2,125 2,533
Anne Arundel County MD GO 5.000% 10/1/33 3,615 4,286
Anne Arundel County MD GO 5.000% 10/1/33 2,090 2,478
Baltimore County MD GO 5.000% 2/1/26 2,800 3,244
Baltimore MD Consolidated Public Improvement GO 5.000% 8/1/30 5,000 5,904
Baltimore MD Project Revenue 5.000% 7/1/38 5,000 5,623
Frederick County MD GO 5.000% 2/1/28 1,550 1,944
Frederick County MD GO 5.000% 2/1/29 1,400 1,757
Frederick County MD GO 5.000% 2/1/30 2,685 3,360
Howard County MD GO 4.000% 2/15/33 8,200 8,826

 

244

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Maryland Department of Transportation Revenue 4.000% 12/15/28 10,000 11,035
Maryland Economic Development Corp. Pollution Control Revenue (Potomac Electric Power Co.) 6.200% 9/1/22 4,000 4,372
Maryland GO 5.000% 3/1/26 17,910 21,136
Maryland GO 4.000% 3/1/27 5,000 5,540
Maryland GO 4.000% 6/1/29 25,000 27,578
Maryland GO 4.000% 3/15/30 10,000 11,135
Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) 5.000% 8/15/38 10,000 10,983
Maryland Health & Higher Educational Facilities Authority Revenue        
(University of Maryland Medical System) 7.000% 7/1/22 (ETM) 8,910 10,570
Montgomery County MD GO 4.000% 12/1/30 1,000 1,089
Montgomery County MD GO 4.000% 12/1/34 15,000 15,974
Washington Suburban Sanitation District Maryland GO 4.000% 6/1/34 7,315 7,722
        178,223
Massachusetts (2.3%)        
Massachusetts Bay Transportation Authority General Transportation Revenue 7.000% 3/1/21 6,070 6,930
Massachusetts Bay Transportation Authority General Transportation Revenue 7.000% 3/1/21 (ETM) 1,160 1,219
Massachusetts Bay Transportation Authority Sales Tax Revenue 5.250% 7/1/18 (Prere.) 725 762
Massachusetts Bay Transportation Authority Sales Tax Revenue 5.250% 7/1/18 (Prere.) 1,775 1,865
Massachusetts Bay Transportation Authority Sales Tax Revenue 4.000% 7/1/33 2,390 2,519
2 Massachusetts Bay Transportation Authority Sales Tax Revenue TOB VRDO 1.000% 5/5/17 10,269 10,269
Massachusetts College Building Authority Revenue 5.000% 5/1/35 2,500 2,736
Massachusetts Department of Transportation Metropolitan Highway System Revenue 5.000% 1/1/26 8,000 8,762
Massachusetts Department of Transportation Metropolitan Highway System Revenue 5.000% 1/1/27 8,000 8,751
Massachusetts Department of Transportation Metropolitan Highway System Revenue 5.000% 1/1/35 5,000 5,458
Massachusetts Development Finance Agency Revenue (Baystate Medical Obligated Group) 5.000% 7/1/44 5,000 5,459
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/33 3,205 3,480
Massachusetts Development Finance Agency Revenue (Commonwealth Contract Assistance) 5.500% 2/1/40 10,000 10,998
Massachusetts Development Finance Agency Revenue (Emerson College) 5.250% 1/1/42 4,800 5,355
Massachusetts Development Finance Agency Revenue (Harvard University) 5.000% 7/15/33 24,745 29,470
Massachusetts Development Finance Agency Revenue (Partners Healthcare) 5.000% 7/1/47 6,695 7,399
Massachusetts Development Finance Agency Revenue (Wellesley College) 5.000% 7/1/42 5,000 5,658
Massachusetts Development Finance Agency Revenue (Williams College) 5.000% 7/1/34 2,390 2,781
Massachusetts GO 4.000% 9/1/31 12,500 13,469
Massachusetts GO 4.000% 9/1/32 12,500 13,354
Massachusetts GO 5.000% 8/1/36 9,855 11,072
Massachusetts GO 5.000% 7/1/40 1,250 1,423
Massachusetts GO 4.000% 6/1/43 1,000 1,014
Massachusetts Health & Educational Facilities Authority Revenue (Boston Medical Center) 5.750% 7/1/18 (Prere.) 890 939
Massachusetts Health & Educational Facilities Authority Revenue (Boston Medical Center) 5.750% 7/1/18 (Prere.) 7,300 7,704
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.000% 8/15/30 10,100 11,658
Massachusetts School Building Authority Dedicated Sales Tax Revenue 4.000% 8/15/32 8,800 9,362
Massachusetts School Building Authority Dedicated Sales Tax Revenue 5.250% 10/15/35 3,000 3,420
Massachusetts Special Obligation Dedicated Tax Revenue 5.500% 1/1/27 (14) 7,190 9,033
Massachusetts Water Resources Authority Revenue 5.000% 8/1/17 (Prere.) 755 763
Massachusetts Water Resources Authority Revenue 6.500% 7/15/19 (ETM) 8,355 8,764
Massachusetts Water Resources Authority Revenue 5.000% 8/1/21 (Prere.) 180 207
Massachusetts Water Resources Authority Revenue 5.000% 8/1/21 (Prere.) 820 943
Massachusetts Water Resources Authority Revenue 5.000% 8/1/27 3,000 3,429
Metropolitan Boston MA Transit Parking Corp. Revenue 5.250% 7/1/36 4,500 5,080
University of Massachusetts Building Authority Revenue 5.000% 11/1/39 10,795 12,273
        233,778
Michigan (2.9%)        
Detroit MI Water & Sewerage Department Sewage Disposal System Revenue 5.250% 7/1/39 1,000 1,079
Detroit/Wayne County MI Stadium Authority Revenue 5.000% 10/1/26 (4) 2,500 2,720
Great Lakes MI Water Authority Water Supply System Revenue 4.000% 7/1/33 (4) 10,000 10,169
Great Lakes MI Water Authority Water Supply System Revenue 5.000% 7/1/46 20,000 21,666
Karegnondi Water Authority Michigan Water Supply System Revenue        
(Karegnondi Water Pipeline) 5.250% 11/1/40 17,330 19,230
Kent Hospital Finance Authority Michigan Revenue (Spectrum Health System) PUT 5.000% 1/15/42 10,805 11,503
Kentwood MI Economic Development Corp. Revenue (Holland Home Obligated Group) 5.000% 11/15/37 8,875 9,223
Michigan Building Authority Revenue 5.000% 4/15/29 2,925 3,390
Michigan Building Authority Revenue 5.000% 10/15/29 1,375 1,583
Michigan Building Authority Revenue 5.000% 4/15/31 12,000 13,772
Michigan Building Authority Revenue 5.000% 4/15/38 2,000 2,221
Michigan Building Authority Revenue 5.000% 4/15/41 1,890 2,107
Michigan Building Authority Revenue 5.000% 10/15/45 3,900 4,304
Michigan Building Authority Revenue 5.250% 10/15/47 2,000 2,261
Michigan Building Authority Revenue 5.000% 10/15/51 8,000 8,864
Michigan Finance Authority Revenue 5.000% 10/1/39 13,195 14,515
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/27 500 575
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/28 (4) 3,000 3,480

 

245

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/29 1,000 1,134
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/32 5,000 5,532
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/32 (14) 2,210 2,450
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/34 7,500 8,228
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/34 (14) 1,165 1,284
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/44 3,670 3,898
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/33 4,000 4,456
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/38 13,500 14,820
Michigan Finance Authority Revenue (MidMichigan Obligated Group) 5.000% 6/1/39 6,000 6,557
Michigan Finance Authority Revenue (State Clean Water Revolving Fund) 5.000% 10/1/25 1,500 1,760
Michigan Finance Authority Revenue (State Clean Water Revolving Fund) 5.000% 10/1/26 3,100 3,632
Michigan GO 5.250% 9/15/17 (Prere.) 14,000 14,235
Michigan Hospital Finance Authority Revenue (Henry Ford Health System) 5.750% 11/15/19 (Prere.) 5,000 5,571
Michigan Hospital Finance Authority Revenue (MidMichigan Obligated Group) 6.125% 6/1/19 (Prere.) 9,000 9,930
Michigan Hospital Finance Authority Revenue (Trinity Health) 5.000% 12/1/48 2,300 2,451
Michigan Municipal Bond Authority Revenue (State Clean Water Revolving Fund) 5.000% 10/1/17 (Prere.) 8,870 9,026
Michigan State University Revenue 5.000% 8/15/26 1,165 1,375
Michigan State University Revenue 5.000% 8/15/27 1,000 1,175
Michigan Strategic Fund Limited Obligation Revenue (Holland Home Obligated Group) 5.000% 11/15/42 4,765 4,907
Michigan Strategic Fund Limited Obligation Revenue (Senate Offices Project) 5.250% 10/15/40 5,500 6,123
Rockford MI Public Schools GO 5.000% 5/1/44 1,225 1,360
Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) 6.000% 8/1/19 (Prere.) 8,000 8,862
Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) 5.000% 9/1/39 8,245 9,023
University of Michigan Revenue 5.000% 4/1/47 13,375 15,433
Wayne County MI Airport Authority Revenue 5.000% 12/1/45 5,000 5,444
Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) 5.000% 12/1/39 (15) 3,000 3,287
Woodhaven-Brownstone MI School District GO 5.000% 5/1/27 3,675 4,374
Woodhaven-Brownstone MI School District GO 5.000% 5/1/28 3,705 4,363
        293,352
Minnesota (1.1%)        
Duluth MN Independent School District No. 709 COP 5.000% 2/1/26 2,000 2,391
Duluth MN Independent School District No. 709 COP 4.000% 2/1/27 1,200 1,322
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/41 3,500 4,005
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/46 5,250 5,984
Minneapolis MN Health Care System Revenue (Fairview Health Services) 6.750% 11/15/18 (Prere.) 4,250 4,623
Minneapolis MN Special School District No. 1 COP 4.000% 2/1/29 11,120 11,809
Minneapolis MN Special School District No. 1 COP 4.000% 2/1/30 11,505 12,121
Minnesota COP 5.000% 6/1/31 3,730 4,293
Minnesota GO 5.000% 8/1/34 18,000 21,031
Rochester MN Electric Utility Revenue 5.000% 12/1/42 3,660 4,203
Rochester MN Electric Utility Revenue 5.000% 12/1/47 1,990 2,277
Rochester MN Health Care Facilities Revenue (Mayo Clinic) 5.000% 11/15/33 5,000 6,186
Rochester MN Health Care Facilities Revenue (Mayo Clinic) 5.000% 11/15/34 10,000 12,387
Rochester MN Health Care Facilities Revenue (Mayo Clinic) 5.000% 11/15/35 2,500 3,098
University of Minnesota Revenue 5.125% 4/1/34 1,250 1,342
University of Minnesota Revenue 5.000% 8/1/35 10,300 11,306
University of Minnesota Revenue 5.000% 4/1/36 1,800 2,097
        110,475
Mississippi (0.4%)        
Jackson MS Public School District GO 5.000% 4/1/28 1,645 1,877
Mississippi Business Finance Corp. Gulf Opportunity Zone Industrial Development Revenue        
(Chevron USA Inc. Project) VRDO 0.880% 5/1/17 2,300 2,300
Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Health System) 5.000% 9/1/41 5,000 5,484
Mississippi State University Educational Building Corp. Revenue 5.250% 8/1/38 2,500 2,869
S.M. Educational Building Corp. Mississippi Revenue        
(Residence Hall Construction & Refunding Project) 5.000% 3/1/43 14,490 16,098
Warren County MS Gulf Opportunity Zone Revenue (International Paper Co. Projects) 6.500% 9/1/32 10,000 10,577
Warren County MS Gulf Opportunity Zone Revenue (International Paper Co. Projects) 5.375% 12/1/35 4,750 5,229
        44,434
Missouri (1.1%)        
Bi-State Development Agency of the Missouri-Illinois Metropolitan District        
Mass Transit Sales Tax Revenue 5.000% 10/1/44 4,670 5,149
Curators of the University of Missouri System Facilities Revenue 5.000% 11/1/24 1,500 1,721
Curators of the University of Missouri System Facilities Revenue 4.000% 11/1/33 5,000 5,324
Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) 5.000% 12/1/30 5,190 5,936
Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) 5.000% 12/1/31 10,000 11,385
Kansas City MO Special Obligation Revenue (Downtown Arena Project) 5.000% 4/1/29 2,755 3,160
Kansas City MO Special Obligation Revenue (Downtown Arena Project) 5.000% 4/1/30 6,905 7,870
Kansas City MO Special Obligation Revenue (Downtown Arena Project) 5.000% 4/1/40 6,750 7,445
Kansas City MO Special Obligation Revenue (Kansas City Downtown Redevelopment District) 5.000% 9/1/39 3,150 3,519

 

246

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Metropolitan St. Louis MO Sewer District Wastewater System Revenue 5.000% 5/1/46 3,000 3,445
Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) 5.500% 11/15/18 (Prere.) 2,800 2,995
Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) 5.500% 11/15/33 700 736
Missouri Health & Educational Facilities Authority Revenue (Children’s Mercy Hospital) 4.000% 5/15/34 5,000 5,118
Missouri Health & Educational Facilities Authority Revenue (Children’s Mercy Hospital) 4.000% 5/15/39 5,000 5,042
Missouri Health & Educational Facilities Authority Revenue (Washington University) 5.375% 3/15/18 (Prere.) 8,000 8,313
Missouri Health & Educational Facilities Authority Revenue (Washington University) 5.000% 11/15/37 14,950 16,746
St. Louis MO Sewer & Wastewater Revenue 5.000% 5/1/30 3,380 3,991
St. Louis MO Sewer & Wastewater Revenue 5.000% 5/1/31 2,000 2,348
St. Louis MO Sewer & Wastewater Revenue 5.000% 5/1/45 10,000 11,346
        111,589
Montana (0.1%)        
Forsyth MT Pollution Control Revenue (Puget Sound Energy Project) 3.900% 3/1/31 3,575 3,681
Montana Facility Finance Authority Hospital Revenue (Benefis Health System) 5.000% 2/15/41 2,650 2,963
        6,644
Nebraska (0.4%)        
Central Plains Energy Project Nebraska Gas Project Revenue (Project No. 1) 5.250% 12/1/20 5,000 5,590
Douglas County NE Hospital Authority No. 2 Health Facilities Revenue        
(Children’s Hospital Obligated Group) 5.000% 11/15/34 1,000 1,140
Douglas County NE Hospital Authority No. 2 Health Facilities Revenue        
(Children’s Hospital Obligated Group) 5.000% 11/15/35 2,000 2,268
Douglas County NE Hospital Authority No. 2 Health Facilities Revenue        
(Children’s Hospital Obligated Group) 5.000% 11/15/37 1,000 1,127
Douglas County NE Hospital Authority No. 3 Health Facilities Revenue        
(Nebraska Methodist Health System) 5.000% 11/1/45 2,500 2,724
Municipal Energy Agency of Nebraska Power Supply System Revenue 5.375% 4/1/19 (Prere.) 3,000 3,246
Municipal Energy Agency of Nebraska Power Supply System Revenue 5.000% 4/1/29 2,000 2,232
Omaha NE Public Power District Electric Revenue 5.500% 2/1/18 (Prere.) 5,000 5,174
Scotts Bluff County NE Hospital Authority Revenue (Regional West Medical Center) 5.250% 2/1/37 6,000 6,352
University of Nebraska Student Fee Revenue 5.000% 7/1/37 5,000 5,574
        35,427
Nevada (0.6%)        
Clark County NV GO 6.500% 6/1/17 (2) 5,000 5,026
Clark County NV GO 4.000% 6/1/32 4,000 4,303
Las Vegas NV GO 4.000% 9/1/32 8,860 9,381
Las Vegas NV GO 4.000% 9/1/33 9,220 9,689
Las Vegas Valley Water District Nevada GO 5.000% 2/1/18 (Prere.) 2,125 2,191
Las Vegas Valley Water District Nevada GO 5.000% 6/1/27 1,050 1,218
Las Vegas Valley Water District Nevada GO 5.000% 6/1/29 7,470 8,612
Las Vegas Valley Water District Nevada GO 5.000% 6/1/30 7,845 9,012
Las Vegas Valley Water District Nevada GO 5.000% 6/1/32 2,800 3,279
Nevada Highway Improvement Revenue (Motor Vehicle Fuel Tax) 4.000% 12/1/33 5,000 5,325
        58,036
New Hampshire (0.2%)        
New Hampshire Health & Education Facilities Authority Revenue (Dartmouth College) 6.000% 8/1/38 2,400 2,638
New Hampshire Health & Education Facilities Authority Revenue        
(Southern New Hampshire University) 5.000% 1/1/34 1,375 1,485
New Hampshire Health & Education Facilities Authority Revenue        
(Southern New Hampshire University) 5.000% 1/1/42 7,955 8,543
New Hampshire Health & Education Facilities Authority Revenue (Wentworth Douglas Hospital) 7.000% 1/1/38 8,000 9,193
New Hampshire Municipal Bond Bank Revenue 4.000% 8/15/30 1,000 1,082
New Hampshire Municipal Bond Bank Revenue 4.000% 8/15/31 640 687
New Hampshire Municipal Bond Bank Revenue 4.000% 8/15/32 1,000 1,071
        24,699
New Jersey (2.5%)        
Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue        
(Cooper Health System Obligated Group) 5.750% 2/15/42 5,000 5,552
New Jersey Economic Development Authority Revenue 5.000% 6/15/36 2,000 2,011
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.500% 12/15/19 (2) 10,000 10,761
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 3/1/26 3,000 3,129
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.500% 9/1/27 (14) 9,000 10,553
New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 3/1/28 20,000 20,641
New Jersey Educational Facilities Authority Revenue (College of New Jersey) 4.000% 7/1/34 1,000 1,024
New Jersey Educational Facilities Authority Revenue (College of New Jersey) 4.000% 7/1/35 1,750 1,784
New Jersey Educational Facilities Authority Revenue (University Medical & Dentistry) 7.500% 6/1/19 (Prere.) 7,250 8,215
New Jersey Health Care Facilities Financing Authority Lease Revenue        
(Greystone Park Psychiatric Hospital Project) 5.000% 9/15/29 7,335 7,546
New Jersey Health Care Facilities Financing Authority Revenue        
(Inspira Health System Obligated Group) 5.000% 7/1/27 5,755 6,776

 

247

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Jersey Health Care Facilities Financing Authority Revenue        
(Inspira Health System Obligated Group) 5.000% 7/1/29 2,670 3,078
New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) 5.750% 7/1/33 8,190 8,906
New Jersey Housing & Mortgage Finance Agency Single Family Housing Revenue 4.250% 10/1/32 1,045 1,086
New Jersey Housing & Mortgage Finance Agency Single Family Housing Revenue 6.500% 10/1/38 30 31
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/27 1,000 1,079
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/28 2,500 2,678
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/30 2,550 2,694
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/30 10,885 11,125
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/31 7,000 7,146
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/28 12,000 12,429
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/29 1,925 1,975
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.500% 6/15/39 5,300 5,543
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.250% 6/15/41 7,300 7,498
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/44 10,000 10,005
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 12/15/21 5,180 5,682
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 6/15/22 5,000 5,350
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/22 (2) 8,500 9,320
New Jersey Transportation Trust Fund Authority Transportation System Revenue 0.000% 12/15/25 (2) 5,000 3,566
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 6/15/26 2,000 2,110
New Jersey Transportation Trust Fund Authority Transportation System Revenue 0.000% 12/15/27 15,000 9,091
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 6/15/32 7,400 7,526
New Jersey Transportation Trust Fund Authority Transportation System Revenue 0.000% 12/15/32 (4) 17,000 8,363
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 12/15/38 (12) 8,000 8,421
New Jersey Turnpike Authority Revenue 5.000% 1/1/29 8,000 9,061
New Jersey Turnpike Authority Revenue 5.000% 1/1/30 10,795 12,175
New Jersey Turnpike Authority Revenue 5.000% 1/1/31 12,000 14,002
New Jersey Turnpike Authority Revenue 5.000% 1/1/32 5,000 5,802
South Jersey Transportation Authority New Jersey Transportation System Revenue 5.000% 11/1/27 2,000 2,193
Tobacco Settlement Financing Corp. New Jersey Revenue 4.500% 6/1/23 2,000 2,012
        257,939
New Mexico (0.4%)        
Albuquerque NM Municipal School District No. 12 GO 5.000% 8/1/26 1,200 1,471
Albuquerque NM Municipal School District No. 12 GO 5.000% 8/1/27 1,515 1,841
Albuquerque NM Municipal School District No. 12 GO 5.000% 8/1/30 1,650 1,960
New Mexico Hospital Equipment Loan Council Hospital System Revenue        
(Presbyterian Healthcare Services) 5.000% 8/1/39 6,500 6,958
New Mexico Hospital Equipment Loan Council Hospital System Revenue        
(Presbyterian Healthcare Services) 5.000% 8/1/42 15,025 16,491
New Mexico Hospital Equipment Loan Council Hospital System Revenue        
(Presbyterian Healthcare Services) 5.000% 8/1/44 10,100 11,209
        39,930
New York (15.9%)        
Albany NY Industrial Development Agency Civic Facility Revenue        
(Albany Medical Center Hospital Project) VRDO 1.030% 5/5/17 LOC 3,595 3,595
Brooklyn NY Local Development Corp. PILOT Revenue (Barclays Center Project) 6.375% 1/15/20 (Prere.) 6,000 6,828
Erie County NY Industrial Development Agency School Facility Revenue        
(Buffalo City School District Project) 5.000% 5/1/24 8,120 9,386
Erie County NY Industrial Development Agency School Facility Revenue        
(Buffalo City School District Project) 5.000% 5/1/25 6,710 7,756
Hempstead NY GO 4.000% 4/1/27 (4) 6,850 7,617
Hempstead NY GO 4.000% 4/1/30 (4) 7,720 8,360
Hudson Yards Infrastructure Corp. New York Revenue 5.750% 2/15/47 28,730 32,649
Long Island NY Power Authority Electric System Revenue 6.250% 4/1/19 (Prere.) 3,000 3,298
Long Island NY Power Authority Electric System Revenue 5.000% 9/1/39 2,000 2,217
Long Island NY Power Authority Electric System Revenue 5.000% 9/1/41 3,250 3,638
Long Island NY Power Authority Electric System Revenue 5.000% 9/1/44 17,000 18,788
Long Island NY Power Authority Electric System Revenue 5.000% 9/1/46 1,735 1,933
Nassau County NY Local Economic Assistance & Financing Corp. Revenue        
(Winthrop University Hospital Association Project) 5.000% 7/1/32 3,000 3,266
New York City NY GO 5.000% 8/1/17 (Prere.) 780 788
New York City NY GO 5.000% 8/1/23 9,550 11,170
New York City NY GO 5.000% 8/1/24 4,665 5,449
New York City NY GO 5.000% 8/1/24 10,195 12,085
New York City NY GO 5.000% 8/1/25 9,160 10,747
New York City NY GO 5.000% 8/1/25 5,000 5,866
New York City NY GO 5.000% 8/1/25 5,000 5,430
New York City NY GO 5.000% 8/1/26 8,065 9,771
New York City NY GO 5.000% 8/1/26 2,765 3,214
New York City NY GO 5.000% 8/1/31 5,000 5,644
New York City NY GO 5.000% 3/1/32 5,000 5,675

 

248

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York City NY GO 4.000% 8/1/32 5,000 5,401
New York City NY GO 5.000% 8/1/32 5,000 5,633
New York City NY GO 5.000% 10/1/32 5,260 6,015
New York City NY GO 5.000% 12/1/34 16,310 18,967
New York City NY GO 5.000% 8/1/35 1,500 1,680
New York City NY GO 4.000% 8/1/36 7,500 7,867
New York City NY GO 5.000% 8/1/37 7,690 8,811
New York City NY GO 5.000% 12/1/38 14,545 16,692
New York City NY GO VRDO 0.880% 5/1/17 1,700 1,700
New York City NY GO VRDO 0.890% 5/1/17 5,875 5,875
New York City NY Health & Hospital Corp. Revenue (Health System) 5.000% 2/15/30 6,000 6,441
New York City NY Industrial Development Agency PILOT Revenue (Yankee Stadium Project) 0.000% 3/1/20 (12) 8,400 7,946
New York City NY Industrial Development Agency PILOT Revenue (Yankee Stadium Project) 0.000% 3/1/22 (12) 4,585 4,101
New York City NY Industrial Development Agency PILOT Revenue (Yankee Stadium Project) 0.000% 3/1/24 (12) 9,670 8,105
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/28 2,000 2,321
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/31 10,000 11,124
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/32 6,580 7,406
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/34 3,500 4,004
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/34 9,000 10,304
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/35 7,500 8,088
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/35 4,150 4,751
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/36 5,000 5,682
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.250% 6/15/37 10,000 11,838
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/39 20,000 22,835
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/43 10,000 11,112
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.375% 6/15/43 21,000 23,664
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.500% 6/15/43 1,500 1,700
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/44 13,775 15,220
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/44 5,000 5,574
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/45 1,000 1,103
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/45 6,320 7,063
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/46 5,000 5,643
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.880% 5/1/17 26,900 26,900
New York City NY Sales Tax Asset Receivable Corp. Revenue 5.000% 10/15/20 5,000 5,647
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/31 5,000 5,675
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/32 16,000 17,904
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/32 800 907
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/33 5,000 5,591
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/37 10,000 11,309
New York City NY Transitional Finance Authority Building Aid Revenue 5.250% 7/15/37 2,750 3,097
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/40 8,000 9,063
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 5/1/19 (Prere.) 6,685 7,205
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/29 15,000 17,442
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/30 5,000 5,880
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/31 16,965 20,219
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/32 10,000 11,539
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/33 2,500 2,850
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/33 5,000 5,663
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/34 4,215 4,863
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 5/1/34 315 338
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/34 7,000 8,084
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/35 8,940 9,900
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/35 10,000 11,467
New York City NY Transitional Finance Authority Future Tax Revenue 4.000% 2/1/36 10,000 10,591
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/37 9,000 10,146
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 8/1/37 7,135 8,104
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/39 15,875 17,623
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 5/1/40 6,810 7,774
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/41 23,000 25,975
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/42 4,500 5,027
2 New York City NY Transitional Finance Authority Future Tax Revenue TOB VRDO 0.990% 5/1/17 5,880 5,880
New York Convention Center Development Corp. Revenue 0.000% 11/15/40 3,500 1,259
New York Convention Center Development Corp. Revenue 0.000% 11/15/43 2,500 770
New York Convention Center Development Corp. Revenue 5.000% 11/15/45 5,130 5,795
2 New York Counties Tobacco Trust Revenue 6.250% 6/1/41 14,465 15,043
New York Liberty Development Corp. Revenue 5.000% 11/15/31 3,000 3,373
New York Liberty Development Corp. Revenue 5.000% 12/15/41 12,100 13,465
New York Liberty Development Corp. Revenue 5.125% 1/15/44 5,000 5,409
New York Liberty Development Corp. Revenue 5.000% 11/15/44 7,550 8,319
New York Liberty Development Corp. Revenue 5.750% 11/15/51 18,500 21,060
New York Liberty Development Corp. Revenue (Goldman Sachs Headquarters) 5.250% 10/1/35 10,250 12,405

 

249

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/29 5,000 5,731
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/30 4,750 5,489
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/30 6,000 6,951
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/31 11,935 13,457
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/31 6,000 6,914
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/31 10,000 11,876
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/32 4,500 5,104
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/33 5,400 6,041
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/37 11,105 12,773
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/38 5,000 5,532
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/38 8,550 9,459
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/40 7,500 8,353
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/45 7,000 7,803
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/56 5,500 6,241
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/56 4,625 5,221
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/57 3,000 3,422
New York Metropolitan Transportation Authority Revenue (Dedicated Petroleum Tax) 5.000% 11/15/34 3,750 4,093
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/24 3,000 3,449
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/24 5,000 5,748
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/28 10,250 11,967
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.125% 11/15/28 2,000 2,299
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.250% 11/15/29 11,500 14,104
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.250% 11/15/32 18,220 22,005
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/36 9,155 10,647
New York Metropolitan Transportation Authority Revenue (Hudson Yards Development) 5.000% 11/15/51 12,925 13,919
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.000% 11/1/25 5,575 6,504
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.000% 11/15/25 7,000 8,173
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.000% 11/15/26 9,885 11,512
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.000% 11/15/31 3,000 3,398
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.000% 11/15/38 10,000 11,143
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.250% 11/15/41 6,000 6,799
2 New York Metropolitan Transportation Authority Revenue (Transit Revenue) TOB VRDO 1.010% 5/5/17 LOC 13,955 13,955
New York State Dormitory Authority Lease Revenue (State University Dormitory Facilities) 5.000% 7/1/40 8,700 9,558
New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) 5.000% 8/15/19 (ETM) 10 11
New York State Dormitory Authority Revenue (New York University) 5.000% 7/1/27 6,185 7,596
New York State Dormitory Authority Revenue (New York University) 5.750% 7/1/27 (14) 10,000 12,346
New York State Dormitory Authority Revenue (New York University) 5.000% 7/1/37 2,300 2,600
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 12/15/21 (ETM) 5 6
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/22 (Prere.) 610 709
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 12/15/30 26,300 30,430
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/31 9,120 10,334
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/33 10,000 11,314
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/34 22,000 24,620
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/37 2,250 2,532
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/38 7,500 8,486
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/39 20,000 22,643
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/42 25,000 27,811
New York State Dormitory Authority Revenue (State University Educational Facilities) 5.000% 5/15/26 2,000 2,318
New York State Dormitory Authority Revenue (The New School) 6.000% 7/1/20 (Prere.) 5,000 5,732
New York State Dormitory Authority Revenue (The New School) 5.000% 7/1/46 1,000 1,111
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/30 10,000 12,029
New York State Dormitory Authority Sales Tax Revenue 5.000% 3/15/34 1,300 1,508
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/29 5,860 6,880
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/36 3,500 3,954
New York State Environmental Facilities Corp. Revenue        
(State Clean Water & Drinking Water Revolving Funds) 5.000% 6/15/41 6,750 7,892
New York State Environmental Facilities Corp. Revenue        
(State Revolving Funds) 5.000% 5/15/43 5,000 5,632
New York State GO 5.000% 2/15/30 4,000 4,516
New York State Thruway Authority Revenue 5.000% 1/1/26 10,000 11,790
New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) 5.000% 4/1/30 5,000 5,671
New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) 5.000% 4/1/31 6,265 7,089
New York State Thruway Authority Revenue (Personal Income Tax) 5.000% 3/15/30 8,000 8,915
New York State Urban Development Corp. Revenue 5.625% 1/1/28 7,385 7,964
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/28 15,000 18,099
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/29 5,000 5,984
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/31 10,000 11,536
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/32 5,835 6,764
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/32 11,170 12,859

 

250

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/33 10,000 11,459
2 Nuveen New York AMT-Free Quality Municipal Income Fund VRDP VRDO 0.980% 5/5/17 LOC 8,500 8,500
Port Authority of New York & New Jersey Revenue 5.000% 10/15/28 4,000 4,787
Port Authority of New York & New Jersey Revenue 5.000% 10/15/31 2,000 2,351
Port Authority of New York & New Jersey Revenue 5.000% 9/1/33 3,905 4,525
Port Authority of New York & New Jersey Revenue 5.000% 5/1/36 3,425 3,741
Port Authority of New York & New Jersey Revenue 5.000% 5/1/38 4,180 4,566
Port Authority of New York & New Jersey Revenue 5.250% 11/15/56 10,000 11,558
Port Authority of New York & New Jersey Special Obligation Revenue        
(John F. Kennedy International Air Terminal LLC) 6.000% 12/1/42 10,000 11,228
Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/28 5,500 6,340
Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/35 5,720 6,316
Tompkins County NY Industrial Development Agency Civic Facility Revenue (Cornell University) 5.000% 7/1/37 10,000 11,045
Triborough Bridge & Tunnel Authority New York Revenue 5.250% 5/15/18 (Prere.) 12,500 13,071
Triborough Bridge & Tunnel Authority New York Revenue 6.125% 1/1/21 (ETM) 6,565 7,300
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/29 6,710 8,078
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/38 7,000 8,101
Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/47 5,500 6,324
Utility Debt Securitization Authority New York Revenue 5.000% 12/15/27 5,000 6,131
Utility Debt Securitization Authority New York Revenue 5.000% 12/15/28 10,000 12,258
Utility Debt Securitization Authority New York Revenue 5.000% 12/15/32 14,480 17,353
Utility Debt Securitization Authority New York Revenue 4.000% 12/15/37 7,500 7,961
Utility Debt Securitization Authority New York Revenue 5.000% 12/15/37 19,000 21,948
Westchester County NY Local Development Corp. Revenue (Westchester Medical Center) 5.000% 11/1/46 9,835 10,451
        1,614,110
North Carolina (1.0%)        
Buncombe County NC Limited Obligation Revenue 5.000% 6/1/27 2,860 3,443
Buncombe County NC Limited Obligation Revenue 5.000% 6/1/28 1,500 1,789
Cabarrus County NC Installment Financing Contract Revenue 5.000% 4/1/28 1,000 1,200
Cabarrus County NC Installment Financing Contract Revenue 5.000% 4/1/30 1,000 1,182
Cabarrus County NC Installment Financing Contract Revenue 5.000% 4/1/32 1,825 2,128
Charlotte NC Airport Revenue 5.000% 7/1/26 2,205 2,456
Charlotte NC Airport Revenue 5.000% 7/1/36 2,000 2,210
Charlotte NC Water & Sewer System Revenue 5.000% 7/1/33 5,000 5,522
North Carolina Capital Facilities Finance Agency Revenue (Duke University Project) 5.000% 10/1/55 6,000 6,754
North Carolina Eastern Municipal Power Agency Power Systems Revenue 5.500% 1/1/19 (Prere.) 3,000 3,224
North Carolina GAN 5.000% 3/1/28 20,000 23,228
North Carolina GO 5.000% 6/1/27 10,000 12,343
North Carolina Medical Care Commission Health Care Facilities Revenue (Vidant Health) 5.000% 6/1/36 500 545
North Carolina Medical Care Commission Hospital Revenue (North Carolina Baptist Hospital) 5.250% 6/1/29 3,000 3,274
North Carolina Medical Care Commission Retirement Facilities Mortgage Revenue        
(Salemtowne Project) 5.375% 10/1/45 10,000 10,370
North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) 5.000% 1/1/31 12,000 13,930
University of North Carolina Hospitals at Chapel Hill Revenue 5.000% 2/1/46 5,000 5,563
Winston-Salem NC Water & Sewer System Revenue 4.000% 6/1/30 1,610 1,779
Winston-Salem NC Water & Sewer System Revenue 4.000% 6/1/31 1,500 1,645
Winston-Salem NC Water & Sewer System Revenue 4.000% 6/1/32 2,000 2,173
        104,758
Ohio (2.2%)        
Akron OH Bath & Copley Joint Township Hospital District Revenue        
(Summa Health System Obligated Group) 5.250% 11/15/46 18,000 19,726
Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) 5.250% 9/1/27 10,000 11,060
Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) 5.000% 5/1/42 1,300 1,399
American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) 5.000% 2/15/25 4,000 4,539
Butler County OH Hospital Facilities Revenue (Kettering Health Network) 6.375% 4/1/36 5,465 6,143
Butler County OH Hospital Facilities Revenue (Kettering Health Network) 5.625% 4/1/41 5,000 5,461
Butler County OH Hospital Facilities Revenue (UC Health) 5.000% 11/15/45 8,810 9,679
Cleveland OH Water Revenue 4.000% 1/1/31 1,355 1,424
Cleveland OH Water Revenue 4.000% 1/1/32 1,500 1,566
Cleveland-Cuyahoga County OH Port Authority Revenue        
(Euclid Avenue Development Corp. Project) 5.000% 8/1/33 3,510 3,890
Cleveland-Cuyahoga County OH Port Authority Revenue        
(Euclid Avenue Development Corp. Project) 5.000% 8/1/34 3,690 4,072
Columbus OH City School District GO 5.000% 12/1/42 8,000 9,153
Euclid OH City School District GO 4.750% 1/15/54 6,685 7,065
Franklin County OH Health Care Facilities Improvement Revenue (OPRS Communities) 5.000% 7/1/29 2,235 2,446
Franklin County OH Health Care Facilities Improvement Revenue (OPRS Communities) 5.000% 7/1/38 11,975 12,493
Hamilton County OH Hospital Facilities Revenue (TriHealth Obligated Group) 5.000% 8/15/42 30,000 33,340
Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) 5.250% 11/15/27 3,250 3,672
Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) 5.250% 11/15/28 6,000 6,769
Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) 5.000% 11/15/29 5,270 5,852

 

251

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) 6.000% 11/15/41 3,220 3,709
Middletown OH City School District GO 5.000% 6/1/17 (Prere.) 4,715 4,733
Montgomery County OH Revenue (Miami Valley Hospital) VRDO 0.880% 5/1/17 LOC 11,125 11,125
Ohio GO 5.000% 2/1/29 3,000 3,433
Ohio Hospital Revenue (Cleveland Clinic Health System Obligated Group) 5.500% 1/1/39 10,000 10,673
Ohio Hospital Revenue (University Hospitals Health System Inc.) 5.000% 1/15/41 7,750 8,268
Ohio State University General Receipts Revenue 5.000% 6/1/38 7,000 7,907
Ohio Water Development Authority Water Pollution Control Loan Fund Revenue 5.000% 6/1/29 20,000 24,497
Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) 5.750% 2/15/18 (Prere.) 3,500 3,634
        227,728
Oklahoma (0.2%)        
Oklahoma Capitol Improvement Authority Highway Improvement Revenue 4.000% 7/1/34 2,000 2,084
Oklahoma City OK Water Utilities Trust Water & Sewer Revenue 5.000% 7/1/38 5,500 6,353
Oklahoma Turnpike Authority Revenue 5.000% 1/1/28 775 868
Oklahoma Turnpike Authority Revenue 4.000% 1/1/35 5,000 5,216
Oklahoma Turnpike Authority Revenue 4.000% 1/1/36 5,000 5,193
        19,714
Oregon (0.9%)        
Deschutes County OR Hospital Facilities Authority Revenue (St. Charles Memorial Hospital Inc.) 4.000% 1/1/33 1,000 1,035
Deschutes County OR Hospital Facilities Authority Revenue (St. Charles Memorial Hospital Inc.) 4.000% 1/1/34 500 515
Deschutes County OR Hospital Facilities Authority Revenue (St. Charles Memorial Hospital Inc.) 4.000% 1/1/35 1,000 1,026
Deschutes County OR Hospital Facilities Authority Revenue (St. Charles Memorial Hospital Inc.) 5.000% 1/1/48 5,000 5,462
Eugene OR Electric Utility System Revenue 4.000% 8/1/31 700 757
Eugene OR Electric Utility System Revenue 4.000% 8/1/32 1,250 1,341
Eugene OR Electric Utility System Revenue 4.000% 8/1/33 1,000 1,065
Oregon Department of Administrative Services Lottery Revenue 5.250% 4/1/21 (Prere.) 3,445 3,963
Oregon Department of Administrative Services Lottery Revenue 5.250% 4/1/30 555 626
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/31 3,670 4,422
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/32 4,000 4,789
Oregon Department of Administrative Services Lottery Revenue 5.000% 4/1/37 6,185 7,234
Oregon Department of Transportation Highway User Tax Revenue 5.000% 11/15/30 4,345 5,125
Oregon GO 5.000% 5/1/27 3,110 3,803
Oregon GO 5.000% 6/1/27 1,990 2,436
Oregon GO 5.000% 5/1/28 770 935
Oregon GO 5.000% 6/1/28 2,090 2,540
Oregon GO 5.000% 5/1/29 2,000 2,409
Oregon GO 5.000% 6/1/29 2,195 2,647
1 Oregon GO 4.000% 8/1/32 3,000 3,263
1 Oregon GO 4.000% 8/1/33 5,000 5,397
1 Oregon GO 4.000% 8/1/34 2,000 2,135
Oregon GO (Oregon University System Projects) 5.000% 8/1/36 2,000 2,250
Oregon Health & Science University Revenue 5.000% 7/1/27 2,150 2,441
Port of Portland OR International Airport Revenue 5.000% 7/1/47 3,000 3,408
Salem OR Hospital Facilities Authority Revenue (Salem Health Project) 5.000% 5/15/46 5,000 5,500
Umatilla County OR Hospital Facility Authority Revenue (Catholic Health Initiatives) 5.000% 5/1/22 9,260 9,290
Washington & Clackamas Counties School District No. 23J GO 5.000% 6/15/33 2,850 3,380
        89,194
Pennsylvania (5.0%)        
Allegheny County PA GO 5.000% 11/1/28 5,000 5,940
Allegheny County PA Port Authority Revenue 5.750% 3/1/29 8,000 9,218
Centre County PA Hospital Authority Revenue (Mount Nittany Medical Center Project) 5.000% 11/15/32 3,000 3,321
Cheltenham Township PA School District GO 5.000% 3/15/41 15,210 16,648
Delaware County PA Authority University Revenue (Villanova University) 4.000% 12/1/30 1,855 1,996
Delaware County PA Authority University Revenue (Villanova University) 5.000% 8/1/31 800 915
Delaware County PA Authority University Revenue (Villanova University) 5.000% 8/1/32 920 1,048
Delaware County PA Authority University Revenue (Villanova University) 5.000% 8/1/33 2,625 2,974
Delaware County PA Authority University Revenue (Villanova University) 5.000% 8/1/34 2,000 2,255
Delaware County PA Authority University Revenue (Villanova University) 5.000% 8/1/35 2,160 2,425
Franklin County PA Industrial Development Authority Revenue (Chambersburg Hospital Project) 5.375% 7/1/42 4,325 4,691
1 Geisinger Authority Health System Pennsylvania Revenue (Geisinger Health System) 5.000% 2/15/39 5,600 6,319
Monroe County PA Hospital Authority Revenue (Pocono Medical Center) 5.000% 7/1/36 2,000 2,168
Monroeville PA Finance Authority Revenue (UPMC Health System) 5.000% 2/15/27 3,095 3,734
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.250% 1/15/45 5,000 5,289
Montgomery County PA Industrial Development Authority Revenue        
(Philadelphia Presbyterian Homes Inc. Project) 7.000% 12/1/35 3,000 3,361
Montgomery County PA Industrial Development Authority Revenue        
(Philadelphia Presbyterian Homes Inc. Project) 7.000% 12/1/40 2,390 2,659
Moon Industrial Development Authority Pennsylvania Revenue        
(Baptist Home Society Obligated Group) 6.000% 7/1/45 6,140 6,501

 

252

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Moon Industrial Development Authority Pennsylvania Revenue        
(Baptist Home Society Obligated Group) 6.125% 7/1/50 5,015 5,308
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.500% 8/15/18 (Prere.) 3,500 3,703
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.500% 8/15/18 (Prere.) 2,500 2,645
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 5.000% 2/1/30 13,955 15,937
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 5.000% 2/1/34 3,000 3,364
Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) 5.000% 7/1/38 12,000 13,110
Pennsylvania GO 4.000% 8/15/28 (4) 15,000 16,205
Pennsylvania Higher Educational Facilities Authority Revenue (Bryn Mawr College) 5.000% 12/1/38 4,500 5,087
Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) 5.000% 6/15/29 1,000 1,116
Pennsylvania Higher Educational Facilities Authority Revenue (St. Joseph’s University) 5.000% 11/1/40 5,160 5,647
Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) 5.000% 4/1/27 1,120 1,266
Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) 5.000% 4/1/28 3,100 3,490
Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) 5.000% 4/1/30 3,000 3,348
Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) 5.000% 4/1/31 1,500 1,672
Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) 5.000% 4/1/32 1,500 1,667
Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) 5.000% 9/1/45 2,000 2,198
Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) 5.250% 9/1/50 18,000 19,857
Pennsylvania Higher Educational Facilities Authority Revenue        
(Trustees of the University of Pennsylvania) 4.000% 8/15/32 2,750 2,955
Pennsylvania Higher Educational Facilities Authority Revenue        
(Trustees of the University of Pennsylvania) 4.000% 8/15/33 1,555 1,660
Pennsylvania Higher Educational Facilities Authority Revenue        
(University of Pennsylvania Health System) 5.000% 8/15/40 8,000 8,827
Pennsylvania Higher Educational Facilities Authority Student Housing Revenue        
(University Properties Inc.) 5.000% 7/1/42 4,790 4,943
Pennsylvania State University Revenue 5.000% 9/1/27 830 1,014
Pennsylvania State University Revenue 5.000% 9/1/28 1,000 1,192
Pennsylvania State University Revenue 5.000% 9/1/28 3,000 3,577
Pennsylvania Turnpike Commission Motor License Fund Revenue 5.500% 12/1/28 9,015 10,563
Pennsylvania Turnpike Commission Motor License Fund Revenue 5.500% 12/1/31 7,255 8,441
Pennsylvania Turnpike Commission Motor License Fund Revenue 5.000% 12/1/42 1,000 1,098
Pennsylvania Turnpike Commission Motor License Fund Revenue 5.000% 12/1/43 5,000 5,487
Pennsylvania Turnpike Commission Revenue 5.250% 6/1/18 (Prere.) 4,000 4,189
Pennsylvania Turnpike Commission Revenue 5.500% 6/1/18 (Prere.) 5,000 5,250
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 (Prere.) 1,085 1,174
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 (Prere.) 4,915 5,320
Pennsylvania Turnpike Commission Revenue 6.500% 12/1/20 (Prere.) 6,000 7,103
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/27 11,325 13,230
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/28 1,750 2,026
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/28 7,555 8,746
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/29 3,750 4,292
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/29 (4) 13,000 15,056
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/30 1,400 1,530
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/33 9,200 10,249
Pennsylvania Turnpike Commission Revenue 0.000% 12/1/34 3,500 3,145
Pennsylvania Turnpike Commission Revenue 4.000% 12/1/34 11,670 11,753
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/36 14,820 16,288
Pennsylvania Turnpike Commission Revenue 0.000% 12/1/37 6,000 5,257
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/38 15,990 17,239
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/39 5,165 5,663
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/39 5,000 5,475
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/40 6,400 7,033
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/40 16,400 17,831
Pennsylvania Turnpike Commission Revenue 5.250% 12/1/44 12,000 13,296
Pennsylvania Turnpike Commission Revenue 5.250% 12/1/45 3,500 3,921
Philadelphia PA Authority for Industrial Development Revenue (Temple University) 5.000% 4/1/45 6,035 6,701
Philadelphia PA Authority for Industrial Development Revenue (Thomas Jefferson University) 4.000% 9/1/47 6,150 6,230
Philadelphia PA GO 5.000% 8/1/29 5,735 6,510
Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue        
(Temple University Health System Obligated Group) 5.500% 7/1/26 3,000 3,010
Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue        
(Temple University Health System Obligated Group) 5.500% 7/1/30 5,000 5,014
Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue        
(Temple University Health System Obligated Group) 5.625% 7/1/42 3,000 3,206
Philadelphia PA School District GO 6.000% 9/1/18 (Prere.) 5 5
Philadelphia PA School District GO 6.000% 9/1/18 (Prere.) 100 107
Philadelphia PA School District GO 6.000% 9/1/18 (Prere.) 5 5
Philadelphia PA School District GO 6.000% 9/1/18 (Prere.) 5 5
Philadelphia PA School District GO 6.000% 9/1/18 (Prere.) 6,880 7,338
Philadelphia PA School District GO 6.000% 9/1/18 (Prere.) 5 5

 

253

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Philadelphia PA School District GO 5.000% 9/1/25 (15) 10,000 11,511
Philadelphia PA Water & Waste Water Revenue 5.000% 7/1/45 15,000 16,607
State Public School Building Authority Pennsylvania Lease Revenue        
(School District of Philadelphia) 5.000% 6/1/25 (4) 10,000 11,448
Westmoreland County PA Municipal Authority Revenue 5.000% 8/15/31 3,000 3,371
Westmoreland County PA Municipal Authority Revenue 5.000% 8/15/37 4,210 4,636
Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project) 5.000% 11/1/40 3,500 3,824
        511,438
Puerto Rico (0.1%)        
Puerto Rico Electric Power Authority Revenue 5.250% 7/1/30 (14) 5,000 5,257
 
Rhode Island (0.2%)        
Rhode Island & Providence Plantations GO 5.500% 8/1/29 7,355 8,513
Rhode Island & Providence Plantations GO 5.500% 8/1/31 2,520 2,905
Rhode Island Housing & Mortgage Finance Corp. Revenue 4.000% 10/1/40 715 740
Tobacco Settlement Financing Corp. Rhode Island Revenue 5.000% 6/1/35 10,000 10,671
        22,829
South Carolina (1.4%)        
Charleston County SC Airport District System Revenue 5.000% 7/1/43 5,000 5,387
Charleston SC Educational Excellence Financing Corp. Revenue        
(Charleston County School District, South Carolina Project) 5.000% 12/1/26 10,000 11,727
Charleston SC Educational Excellence Financing Corp. Revenue        
(Charleston County School District, South Carolina Project) 5.000% 12/1/29 2,500 2,921
2 Charleston SC Educational Excellence Financing Corp. Revenue        
(Charleston County School District, South Carolina Project) TOB VRDO 0.950% 5/5/17 7,250 7,250
Florence County SC Hospital Revenue (McLeod Regional Medical Center Project) 5.000% 11/1/37 4,200 4,521
Lexington County SC Health Services District Inc. Hospital Revenue 5.000% 11/1/34 1,165 1,308
North Charleston SC Revenue 5.000% 10/1/40 7,000 7,707
Piedmont SC Municipal Power Agency Revenue 5.750% 1/1/34 (4) 10,000 11,398
South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue        
(Pickens School District) 5.000% 12/1/30 1,500 1,707
South Carolina Jobs Economic Development Authority Hospital Revenue (AnMed Health Project) 5.000% 2/1/38 5,305 5,730
South Carolina Jobs Economic Development Authority Hospital Revenue (Conway Hospitals Inc.) 5.250% 7/1/47 12,600 13,889
South Carolina Public Service Authority Revenue 5.500% 1/1/19 (Prere.) 795 854
South Carolina Public Service Authority Revenue 5.500% 1/1/19 (Prere.) 9,205 9,891
South Carolina Public Service Authority Revenue 5.000% 12/1/33 5,000 5,466
South Carolina Public Service Authority Revenue 5.000% 12/1/38 10,000 10,586
South Carolina Public Service Authority Revenue 5.000% 12/1/43 1,065 1,116
South Carolina Public Service Authority Revenue 5.125% 12/1/43 1,500 1,598
South Carolina Public Service Authority Revenue 5.000% 12/1/50 5,935 6,287
South Carolina Public Service Authority Revenue 5.500% 12/1/54 10,000 10,890
South Carolina Public Service Authority Revenue 5.250% 12/1/55 10,500 11,347
South Carolina Public Service Authority Revenue 5.000% 12/1/56 12,500 13,351
        144,931
South Dakota (0.2%)        
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/35 3,000 3,340
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/37 10,045 10,909
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/45 1,000 1,090
        15,339
Tennessee (1.1%)        
Chattanooga TN Health Educational & Housing Facility Board Revenue (Catholic Health Initiatives) 5.250% 1/1/45 14,005 14,668
Clarksville TN Public Building Authority Revenue (Morristown) VRDO 0.980% 5/1/17 LOC 4,680 4,680
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(University Health System Inc.) 5.000% 4/1/36 2,250 2,462
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(University Health System Inc.) 5.000% 9/1/36 2,500 2,746
Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue        
(University Health System Inc.) 5.000% 9/1/47 11,315 12,233
Shelby County TN GO 5.000% 4/1/27 2,855 3,531
Shelby County TN Health Educational & Housing Facility Board Revenue (Methodist Healthcare) 5.250% 3/1/18 (Prere.) 350 363
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/20 740 821
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/22 990 1,139
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/23 9,645 10,897
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/23 3,710 4,291
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/24 6,175 7,204
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/26 2,160 2,559
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/27 19,950 23,303
Tennessee GO 5.000% 9/1/28 5,750 6,870
Tennessee GO 5.000% 9/1/29 2,500 2,969
Tennessee GO 5.000% 8/1/30 1,345 1,614

 

254

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Tennessee GO 5.000% 9/1/34 700 813
Tennessee Housing Development Agency Homeownership Program Revenue 4.500% 7/1/37 1,015 1,077
Tennessee Housing Development Agency Homeownership Program Revenue 4.000% 7/1/38 2,380 2,503
Washington County TN GO 4.000% 6/1/29 3,260 3,592
        110,335
Texas (8.7%)        
Arlington TX Independent School District GO 4.000% 2/15/30 2,000 2,174
Austin TX Airport System Revenue 5.000% 11/15/41 6,500 7,376
Austin TX Airport System Revenue 5.000% 11/15/46 11,000 12,434
Austin TX Community College District Public Facilities Corp. Lease Revenue 5.000% 8/1/29 3,270 3,768
Austin TX Community College District Public Facilities Corp. Lease Revenue 5.000% 8/1/31 7,140 8,127
Austin TX GO 5.000% 9/1/32 1,300 1,504
Austin TX Independent School District GO 5.000% 8/1/26 1,425 1,720
Austin TX Water & Wastewater System Revenue 5.000% 11/15/25 3,000 3,430
Austin TX Water & Wastewater System Revenue 5.000% 11/15/25 5,000 5,823
Central Texas Regional Mobility Authority Revenue 5.750% 1/1/21 (Prere.) 4,260 4,925
Central Texas Regional Mobility Authority Revenue 6.250% 1/1/21 (Prere.) 1,000 1,174
Central Texas Regional Mobility Authority Revenue 6.750% 1/1/21 (Prere.) 2,000 2,383
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/45 6,000 6,603
Clear Creek TX Independent School District GO 5.000% 2/15/30 10,000 11,730
Clifton TX Higher Education Finance Corp. Revenue (Baylor University) 5.250% 3/1/29 3,000 3,386
Dallas County TX Utility & Reclamation District GO 5.000% 2/15/28 5,000 5,943
Dallas TX Area Rapid Transit Sales Tax Revenue 5.000% 12/1/41 8,925 10,087
Dallas TX Area Rapid Transit Sales Tax Revenue 5.000% 12/1/46 3,560 4,009
Dallas TX Civic Center Improvement Revenue 5.000% 8/15/27 (12) 5,000 5,356
Dallas TX Civic Center Improvement Revenue 5.000% 8/15/28 (12) 2,125 2,274
Dallas-Fort Worth TX International Airport Revenue 5.250% 11/1/31 5,800 6,730
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/37 5,000 5,547
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/38 6,410 7,108
Denton TX Independent School District GO 5.000% 8/15/45 12,000 13,666
El Paso County TX Community College District Revenue 5.000% 4/1/42 (4) 5,000 5,522
El Paso TX GO 5.000% 8/15/27 3,625 4,356
El Paso TX Independent School District GO 4.000% 8/15/33 2,500 2,678
El Paso TX Independent School District GO 5.000% 8/15/42 10,000 11,428
Friendswood TX Independent School District GO 4.000% 2/15/32 3,630 3,903
Grand Parkway Transportation Corp. Texas System Toll Revenue 0.000% 10/1/35 21,495 18,877
Grand Parkway Transportation Corp. Texas System Toll Revenue 0.000% 10/1/36 8,475 7,416
Grand Parkway Transportation Corp. Texas System Toll Revenue 5.250% 10/1/51 12,000 13,801
Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Memorial Hermann Healthcare System) 5.000% 12/1/35 8,000 8,779
Harris County TX Cultural Education Facilities Finance Corp. Revenue        
(Methodist Hospital System) VRDO 0.870% 5/1/17 6,400 6,400
2 Harris County TX Cultural Education Facilities Finance Corp. Revenue        
(Texas Children’s Hospital) TOB VRDO 0.920% 5/1/17 34,130 34,130
Harris County TX GO 5.000% 10/1/26 3,000 3,633
Harris County TX Health Facilities Development Corp. Hospital Revenue        
(Memorial Hermann Healthcare System) 7.125% 12/1/18 (Prere.) 3,250 3,565
Harris County TX Sports Authority Revenue 5.000% 11/15/27 (4) 2,150 2,514
Harris County TX Sports Authority Revenue 5.000% 11/15/28 1,465 1,673
Harris County TX Sports Authority Revenue 5.000% 11/15/30 2,790 3,151
Hays County TX GO 4.000% 2/15/31 2,265 2,419
Hays County TX GO 4.000% 2/15/32 3,820 4,047
Houston TX Airport System Revenue 5.000% 7/1/32 3,000 3,350
Houston TX Airport System Revenue 5.500% 7/1/39 5,000 5,246
Houston TX Community College System GO 5.000% 2/15/36 10,000 10,905
Houston TX GO 5.000% 3/1/25 3,185 3,774
Houston TX GO 5.000% 3/1/27 13,350 15,909
Houston TX GO 5.000% 3/1/30 5,395 6,084
Houston TX Utility System Revenue 5.000% 5/15/28 3,000 3,500
Houston TX Utility System Revenue 5.250% 11/15/31 5,000 5,648
Houston TX Utility System Revenue 5.000% 11/15/32 28,395 33,362
Humble TX Independent School District GO 4.000% 2/15/28 10,290 11,393
Lamar TX Consolidated Independent School District GO 4.000% 2/15/30 10,000 10,835
Lamar TX Consolidated Independent School District GO 4.000% 2/15/31 5,000 5,381
Lamar TX Consolidated Independent School District GO 4.000% 2/15/32 6,835 7,302
Laredo TX Community College District GO 5.000% 8/1/30 2,000 2,283
Laredo TX Community College District GO 5.000% 8/1/32 1,250 1,415
Laredo TX Community College District GO 5.000% 8/1/34 1,500 1,683
Lone Star College System Texas GO 4.000% 2/15/29 1,150 1,259
Lower Colorado River Authority Texas Revenue 5.625% 5/15/19 (Prere.) 20 22
Lower Colorado River Authority Texas Revenue 5.625% 5/15/19 (Prere.) 205 224

 

255

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Lower Colorado River Authority Texas Revenue 5.625% 5/15/19 (Prere.) 10 11
Lower Colorado River Authority Texas Revenue 5.625% 5/15/19 (Prere.) 5 5
Lower Colorado River Authority Texas Revenue 5.000% 5/15/26 3,000 3,453
Lower Colorado River Authority Texas Revenue 5.500% 5/15/36 5,000 5,386
Lower Colorado River Authority Texas Revenue 5.625% 5/15/39 4,760 5,114
Lower Colorado River Authority Texas Revenue 5.000% 5/15/40 5,000 5,425
Lower Colorado River Authority Texas Transmission Contract Revenue        
(LCRA Transmission Services Corp.) 5.000% 5/15/40 5,540 6,172
Lubbock TX GO 4.000% 2/15/30 1,250 1,336
Mansfield TX Independent School District GO 5.000% 2/15/45 5,000 5,657
Matagorda County TX Navigation District No. 1 Pollution Control Revenue        
(Central Power & Light Co. Project) 6.300% 11/1/29 7,500 8,364
Missouri City TX GO 4.000% 6/15/32 1,000 1,053
Montgomery County TX GO 5.250% 3/1/19 (Prere.) 5,000 5,380
New Hope TX Cultural Education Facilities FinanceCorp. First Mortgage Revenue        
(Morningside Ministries Project) 6.500% 1/1/48 10,350 11,469
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(Legacy at Willow Bend Retirement Community Project) 5.000% 11/1/46 3,000 3,038
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(Wesleyan Homes Inc. Project) 5.500% 1/1/43 1,600 1,629
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(Wesleyan Homes Inc. Project) 5.500% 1/1/49 1,600 1,620
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Texas A&M University Project) 5.000% 7/1/47 6,900 7,234
North Texas Tollway Authority System Revenue 6.250% 1/1/19 (Prere.) 4,880 5,301
North Texas Tollway Authority System Revenue 6.250% 2/1/23 10,000 11,137
North Texas Tollway Authority System Revenue 5.000% 1/1/28 2,000 2,323
North Texas Tollway Authority System Revenue 5.000% 1/1/30 10,000 11,622
North Texas Tollway Authority System Revenue 5.000% 9/1/30 9,000 10,209
North Texas Tollway Authority System Revenue 5.000% 9/1/31 2,000 2,264
North Texas Tollway Authority System Revenue 5.000% 1/1/32 3,000 3,404
North Texas Tollway Authority System Revenue 5.000% 1/1/33 13,675 15,047
North Texas Tollway Authority System Revenue 5.000% 1/1/34 14,355 15,743
North Texas Tollway Authority System Revenue 6.000% 1/1/38 12,500 14,310
North Texas Tollway Authority System Revenue 6.250% 1/1/39 1,120 1,204
North Texas Tollway Authority System Revenue 6.000% 9/1/41 2,500 2,927
Olmos Park TX Higher Education Facilities Corp. Revenue        
(University of the Incarnate Word Project) 5.000% 12/1/23 1,000 1,144
Olmos Park TX Higher Education Facilities Corp. Revenue        
(University of the Incarnate Word Project) 5.000% 12/1/24 4,325 5,006
Olmos Park TX Higher Education Facilities Corp. Revenue        
(University of the Incarnate Word Project) 5.000% 12/1/25 4,520 5,192
Olmos Park TX Higher Education Facilities Corp. Revenue        
(University of the Incarnate Word Project) 5.000% 12/1/26 2,250 2,573
Olmos Park TX Higher Education Facilities Corp. Revenue        
(University of the Incarnate Word Project) 5.000% 12/1/27 1,845 2,099
Pasadena TX GO 4.000% 2/15/32 1,500 1,596
Round Rock TX Independent School District GO 4.000% 8/1/30 3,130 3,405
SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue 5.500% 8/1/22 5,480 6,361
SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue 5.500% 8/1/23 6,155 7,187
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/38 6,500 7,299
San Antonio TX Water Revenue 5.000% 5/15/26 2,000 2,315
San Jacinto TX Community College District GO 5.000% 2/15/29 3,860 4,532
San Jacinto TX Community College District GO 5.000% 2/15/30 4,055 4,726
San Jacinto TX Community College District GO 5.000% 2/15/31 2,250 2,605
San Jacinto TX Community College District GO 5.000% 2/15/32 2,000 2,302
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Baylor Scott & White Healthcare Project) 5.000% 11/15/37 4,500 5,042
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Baylor Scott & White Healthcare Project) 5.000% 11/15/45 7,265 8,080
Texas GO 4.000% 5/15/32 2,250 2,395
Texas GO 5.000% 5/15/40 7,000 8,005
Texas GO 5.000% 10/1/44 20,195 22,894
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/19 600 651
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/20 550 609
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/23 1,390 1,599
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/24 6,630 7,709
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/25 2,650 3,105
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/26 2,700 2,979
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/26 1,155 1,359
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/29 5,000 5,439

 

256

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Texas Private Activity Surface Transportation Corp. Revenue 7.500% 12/31/31 4,000 4,560
Texas Private Activity Surface Transportation Corp. Revenue 6.875% 12/31/39 9,000 10,134
Texas Private Activity Surface Transportation Corp. Revenue 7.000% 6/30/40 29,880 33,861
Texas State University System Financing System Revenue 5.000% 3/15/38 3,300 3,695
Texas State University System Financing System Revenue 5.000% 3/15/42 2,000 2,202
Texas Transportation Commission GO 5.000% 4/1/28 10,000 11,765
Texas Transportation Commission GO 5.000% 10/1/36 10,000 11,576
Texas Transportation Commission Revenue 5.000% 8/15/41 3,815 4,163
Texas Transportation Commission Turnpike System Revenue 5.000% 8/15/34 6,000 6,624
Texas Transportation Commission Turnpike System Revenue 5.000% 8/15/37 6,440 7,162
Texas Turnpike Authority Central Texas Turnpike System Revenue 0.000% 8/15/26 (2) 9,445 7,071
Texas Turnpike Authority Central Texas Turnpike System Revenue 0.000% 8/15/26 (ETM) 555 443
Texas Turnpike Authority Central Texas Turnpike System Revenue 0.000% 8/15/28 (2) 29,955 20,633
Texas Turnpike Authority Central Texas Turnpike System Revenue 0.000% 8/15/28 (ETM) 50 37
Texas Water Development Board Revenue 5.000% 10/15/30 10,000 11,846
United TX Independent School District GO 5.000% 8/15/26 2,195 2,637
United TX Independent School District GO 5.000% 8/15/27 2,300 2,769
United TX Independent School District GO 5.000% 8/15/28 2,355 2,812
United TX Independent School District GO 5.000% 8/15/29 2,535 3,009
University of Houston Texas Revenue 4.000% 2/15/30 4,610 4,918
University of North Texas Revenue 5.000% 4/15/33 3,200 3,650
University of North Texas Revenue 5.000% 4/15/34 3,000 3,406
University of North Texas Revenue 5.000% 4/15/36 3,000 3,384
Ysleta TX Independent School District GO 5.000% 8/15/41 7,065 8,068
Ysleta TX Independent School District GO 5.000% 8/15/47 10,000 11,406
        883,020
Utah (0.5%)        
Central Utah Water Conservancy District GO 5.000% 4/1/30 4,500 5,037
Salt Lake City UT Airport Revenue 5.000% 7/1/42 5,000 5,734
Salt Lake City UT Airport Revenue 5.000% 7/1/47 10,000 11,420
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/29 2,500 2,794
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/30 4,180 4,651
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/31 3,110 3,447
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/32 1,855 2,050
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/38 17,325 19,848
        54,981
Virginia (1.9%)        
Chesapeake Bay VA Bridge & Tunnel District Revenue 5.000% 7/1/41 (4) 5,000 5,659
Chesapeake Bay VA Bridge & Tunnel District Revenue 5.000% 7/1/51 5,000 5,493
Chesapeake VA GO 5.000% 8/1/27 2,100 2,631
Chesapeake VA GO 5.000% 8/1/28 1,950 2,426
Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) 5.000% 10/1/32 1,800 2,073
Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) 5.000% 10/1/34 1,145 1,307
Fairfax County VA Economic Development Authority Transportation District I        
mprovement Revenue (Silver Line Phase I Project) 4.000% 4/1/31 3,810 4,119
Fairfax County VA Economic Development Authority Transportation District        
Improvement Revenue (Silver Line Phase I Project) 4.000% 4/1/32 11,190 11,997
Fairfax County VA GO 5.000% 10/1/29 11,190 13,754
Fairfax County VA Industrial Development Authority Health Care Revenue        
(Inova Health System Obligated Group) 5.500% 5/15/19 (Prere.) 3,530 3,847
Fairfax County VA Industrial Development Authority Health Care Revenue        
(Inova Health System Obligated Group) 5.500% 5/15/35 6,470 6,960
Fairfax County VA Sewer Revenue 4.000% 7/15/32 2,515 2,716
Henrico County VA Economic Development Authority Revenue (Bon Secours Health System) 5.250% 11/1/42 (12) 3,500 3,776
Henrico County VA Water & Sewer Revenue 5.000% 5/1/27 2,585 3,180
Richmond VA Public Utility Revenue 5.000% 1/15/27 10,000 12,127
Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) 5.000% 7/1/28 1,640 1,829
University of Virginia Revenue 5.000% 6/1/37 8,000 9,177
University of Virginia Revenue 5.000% 4/1/42 8,000 9,372
University of Virginia Revenue 5.000% 4/1/45 5,000 5,723
Virginia Commonwealth Transportation Board Revenue 4.000% 3/15/26 12,455 13,512
Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/30 28,875 33,137
Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/32 17,375 19,504
Virginia Commonwealth Transportation Board Revenue 5.000% 5/15/33 4,000 4,490
Virginia Public Building Authority Public Facilities Revenue 4.000% 8/1/27 8,335 9,067
Virginia Public Building Authority Public Facilities Revenue 4.000% 8/1/28 8,675 9,361
        197,237
Washington (1.7%)        
Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue 5.000% 11/1/41 13,500 15,502
Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue 5.000% 11/1/46 5,000 6,395

 

257

 

Long-Term Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
2 Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue TOB VRDO 0.920% 5/1/17 3,400 3,400
Chelan County WA Public Utility District No. 1 Hydro-Electric System Revenue        
(Columbia River-Rock Island Hydro) 0.000% 6/1/18 (14) 10,000 9,876
King County WA Sewer Revenue 4.000% 7/1/30 3,300 3,545
King County WA Sewer Revenue 4.000% 7/1/31 3,320 3,544
Port of Seattle WA Revenue 5.000% 1/1/28 2,325 2,858
Port of Seattle WA Revenue 5.000% 8/1/29 10,500 11,962
Port of Seattle WA Revenue 5.000% 6/1/30 2,000 2,190
Port of Seattle WA Revenue 5.000% 4/1/31 3,260 3,735
Port of Seattle WA Revenue 5.000% 4/1/32 3,425 3,905
Port of Seattle WA Revenue 5.000% 3/1/33 4,380 4,966
Port of Seattle WA Revenue 5.000% 4/1/34 3,665 4,142
Port of Seattle WA Revenue 5.000% 3/1/35 3,240 3,644
Seattle WA Municipal Light & Power Revenue 4.000% 4/1/29 3,825 4,180
Seattle WA Municipal Light & Power Revenue 5.250% 2/1/33 2,000 2,234
Snohomish County WA Public Utility District No. 1 Revenue 5.000% 12/1/40 5,000 5,639
Tobacco Settlement Authority Washington Revenue 5.250% 6/1/30 9,065 9,742
University of Washington Revenue 5.000% 7/1/34 2,000 2,259
Washington GO 5.000% 2/1/35 10,000 11,196
Washington GO 5.000% 8/1/35 2,000 2,251
3 Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.250% 8/15/18 (Prere.) 6,000 6,319
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.500% 8/15/18 (Prere.) 5,490 5,799
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.250% 8/15/31 (4) 5,000 5,186
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.000% 8/15/44 5,000 5,450
Washington Health Care Facilities Authority Revenue (Providence Health & Services) 5.000% 10/1/33 7,500 8,261
Washington Health Care Facilities Authority Revenue (Providence Health & Services) VRDO 0.900% 5/5/17 3,100 3,100
Washington Health Care Facilities Authority Revenue (Seattle Children’s Hospital) 5.625% 10/1/19 (Prere.) 12,000 13,270
Washington Health Care Facilities Authority Revenue (Seattle Children’s Hospital) 5.000% 10/1/40 2,215 2,385
Washington Health Care Facilities Authority Revenue (Swedish Health Services) 6.250% 5/15/21 (Prere.) 6,500 7,758
        174,693
West Virginia (0.6%)        
Morgantown WV Combined Utility System Revenue 5.000% 12/1/41 (4) 7,000 7,819
Morgantown WV Combined Utility System Revenue 5.000% 12/1/46 (4) 6,320 7,032
West Virginia Economic Development Authority Solid Waste Facilities Disposal Revenue        
(Appalachian Power Co. - Amos Project) 5.375% 12/1/38 2,500 2,735
West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical Center Inc.) 5.625% 9/1/32 6,500 6,914
West Virginia Hospital Finance Authority Hospital Revenue        
(United Health System Obligated Group) 5.500% 6/1/44 20,000 22,363
West Virginia University Revenue 5.000% 10/1/36 5,985 6,699
West Virginia Water Development Authority Infrastructure Excess Lottery Revenue        
(Chesapeake Bay/Greenbrier River Projects) 5.000% 7/1/30 3,000 3,477
        57,039
Wisconsin (1.4%)        
Wisconsin GO 6.000% 5/1/19 (Prere.) 10,000 10,981
Wisconsin GO 5.000% 5/1/31 8,635 10,125
Wisconsin Health & Educational Facilities Authority Health Care Facilities Revenue        
(Luther Hospital) 5.750% 11/15/30 7,500 8,085
Wisconsin Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Care) 5.250% 6/1/34 6,785 7,337
Wisconsin Health & Educational Facilities Authority Revenue (Agnesian HealthCare Inc.) 5.750% 7/1/30 6,150 6,780
Wisconsin Health & Educational Facilities Authority Revenue        
(Ascension Health Alliance Credit Group) 4.000% 11/15/36 15,000 15,320
Wisconsin Health & Educational Facilities Authority Revenue        
(Ascension Health Alliance Credit Group) 4.000% 11/15/39 5,000 5,076
Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) 5.625% 4/15/39 12,110 13,051
Wisconsin Health & Educational Facilities Authority Revenue (Froedtert & Community Health Inc.) 5.000% 4/1/42 20,690 22,264
Wisconsin Health & Educational Facilities Authority Revenue (Froedtert Health Inc.) 5.000% 4/1/31 5,145 5,955
Wisconsin Health & Educational Facilities Authority Revenue (Froedtert Health Inc.) 5.000% 4/1/32 2,380 2,737
Wisconsin Health & Educational Facilities Authority Revenue (Froedtert Health Inc.) 5.000% 4/1/48 6,120 6,827
Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) 5.000% 10/1/29 1,700 1,911
Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) 5.000% 10/1/30 3,260 3,658
Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) 4.000% 10/1/31 1,000 1,052
Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) 4.000% 10/1/32 1,080 1,128
Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) 4.000% 10/1/33 1,385 1,437
Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) 4.000% 10/1/34 1,570 1,621
Wisconsin Health & Educational Facilities Authority Revenue (Medical College Wisconsin) 5.000% 12/1/41 15,000 16,819
Wisconsin Transportation Revenue 5.000% 7/1/31 2,815 3,221
        145,385
Total Tax-Exempt Municipal Bonds (Cost $9,596,204)       9,998,916

 

258

 

Long-Term Tax-Exempt Fund      
 
 
 
 
      Market
      Value•
  Coupon Shares ($000)
Temporary Cash Investment (1.1%)      
Money Market Fund (1.1%)      
4 Vanguard Municipal Cash Management Fund (Cost $116,895) 0.895% 1,168,956 116,895
Total Investments (99.5%) (Cost $9,713,099)     10,115,811
 
      Amount
      ($000)
Other Assets and Liabilities (0.5%)      
Other Assets      
Investment in Vanguard     686
Receivables for Investment Securities Sold     6,568
Receivables for Accrued Income     125,839
Receivables for Capital Shares Issued     8,749
Other Assets     1,322
Total Other Assets     143,164
Liabilities      
Payables for Investment Securities Purchased     (69,193)
Payables for Capital Shares Redeemed     (5,616)
Payables for Distributions     (9,886)
Payables to Vanguard     (10,315)
Other Liabilities     (468)
Total Liabilities     (95,478)
Net Assets (100%)     10,163,497
 
 
At April 30, 2017, net assets consisted of:      
      Amount
      ($000)
Paid-in Capital     9,749,651
Undistributed Net Investment Income     159
Accumulated Net Realized Gains     10,775
Unrealized Appreciation (Depreciation)      
Investment Securities     402,712
Futures Contracts     200
Net Assets     10,163,497
 
 
Investor Shares—Net Assets      
Applicable to 80,480,559 outstanding $.001 par value shares of beneficial interest (unlimited authorization)     924,579
Net Asset Value Per Share—Investor Shares     $11.49
 
 
Admiral Shares—Net Assets      
Applicable to 804,207,264 outstanding $.001 par value shares of beneficial interest (unlimited authorization)     9,238,918
Net Asset Value Per Share—Admiral Shares     $11.49

 

• See Note A in Notes to Financial Statements.
1 Security purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of April 30, 2017.
2 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At April 30, 2017, the
aggregate value of these securities was $111,257,000, representing 1.1% of net assets.
3 Securities with a value of $1,466,000 have been segregated as initial margin for open futures contracts.
4 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
A key to abbreviations and other references follows the Statement of Net Assets.
See accompanying Notes, which are an integral part of the Financial Statements.

259

 

Long-Term Tax-Exempt Fund

Key to Abbreviations

ARS—Auction Rate Security.
BAN—Bond Anticipation Note.
COP—Certificate of Participation.
CP—Commercial Paper.
FR—Floating Rate.
GAN—Grant Anticipation Note.
GO—General Obligation Bond.
PILOT—Payments in Lieu of Taxes.
PUT—Put Option Obligation.
RAN—Revenue Anticipation Note.
TAN—Tax Anticipation Note.
TOB—Tender Option Bond.
TRAN—Tax Revenue Anticipation Note.
VRDO—Variable Rate Demand Obligation.
VRDP—Variable Rate Demand Preferred.
(ETM)—Escrowed to Maturity.
(Prere.)—Prerefunded.

Scheduled principal and interest payments are guaranteed by:
(1) MBIA (Municipal Bond Investors Assurance).
(2) AMBAC (Ambac Assurance Corporation).
(3) FGIC (Financial Guaranty Insurance Company).
(4) AGM (Assured Guaranty Municipal Corporation).
(5) BIGI (Bond Investors Guaranty Insurance).
(6) Connie Lee Inc.
(7) FHA (Federal Housing Authority).
(8) CapMAC (Capital Markets Assurance Corporation).
(9) American Capital Access Financial Guaranty Corporation.
(10) XL Capital Assurance Inc.
(11) CIFG (CDC IXIS Financial Guaranty).
(12) AGC (Assured Guaranty Corporation).
(13) BHAC (Berkshire Hathaway Assurance Corporation).
(14) NPFG (National Public Finance Guarantee Corporation).
(15) BAM (Build America Mutual Assurance Company).
(16) MAC (Municipal Assurance Corporation).
(17) RAA (Radian Asset Assurance Inc.).
(18) SBLF (Michigan School Bond Loan Fund).
The insurance does not guarantee the market value of the municipal bonds.

LOC—Scheduled principal and interest payments are guaranteed by bank letter of credit.

260

 

Long-Term Tax-Exempt Fund

Statement of Operations

Six Months Ended
April 30, 2017
  ($000)
Investment Income  
Income  
Interest1 184,213
Total Income 184,213
Expenses  
The Vanguard Group—Note B  
Investment Advisory Services 649
Management and Administrative—  
Investor Shares 673
Management and Administrative—  
Admiral Shares 2,928
Marketing and Distribution—  
Investor Shares 104
Marketing and Distribution—  
Admiral Shares 368
Custodian Fees 54
Shareholders’ Reports—Investor Shares 41
Shareholders’ Reports—Admiral Shares 62
Trustees’ Fees and Expenses 3
Total Expenses 4,882
Net Investment Income 179,331
Realized Net Gain (Loss)  
Investment Securities Sold1 24,050
Futures Contracts (3,385)
Realized Net Gain (Loss) 20,665
Change in Unrealized Appreciation  
(Depreciation)  
Investment Securities (282,224)
Futures Contracts 530
Change in Unrealized Appreciation  
(Depreciation) (281,694)
Net Increase (Decrease) in Net Assets  
Resulting from Operations (81,698)

1 Interest income and realized net gain (loss) from an affiliated company of the fund were $414,000 and ($1,000), respectively.

 

 

 

Statement of Changes in Net Assets    
 
  Six Months Ended Year Ended
  April 30, October 31,
  2017 2016
  ($000) ($000)
Increase (Decrease) in Net Assets    
Operations    
Net Investment Income 179,331 354,293
Realized Net Gain (Loss) 20,665 42,080
Change in Unrealized Appreciation (Depreciation) (281,694) 105,324
Net Increase (Decrease) in Net Assets Resulting from Operations (81,698) 501,697
Distributions    
Net Investment Income    
Investor Shares (16,354) (34,846)
Admiral Shares (162,154) (318,057)
Realized Capital Gain1    
Investor Shares (3,051) (1,272)
Admiral Shares (29,276) (11,042)
Total Distributions (210,835) (365,217)
Capital Share Transactions    
Investor Shares (53,329) 64,359
Admiral Shares 264,027 1,028,954
Net Increase (Decrease) from Capital Share Transactions 210,698 1,093,313
Total Increase (Decrease) (81,835) 1,229,793
Net Assets    
Beginning of Period 10,245,332 9,015,539
End of Period2 10,163,497 10,245,332

 

1 Includes fiscal 2017 and 2016 short-term gain distributions totaling $8,018,000 and $549,000, respectively. Short-term gain distributions are treated as ordinary income dividends for tax purposes.

2 Net Assets—End of Period includes undistributed (overdistributed) net investment income of $159,000 and $32,000.

See accompanying Notes, which are an integral part of the Financial Statements.

261

 

Long-Term Tax-Exempt Fund

Financial Highlights

Investor Shares            
Six Months          
  Ended          
For a Share Outstanding April 30,     Year Ended October 31,
Throughout Each Period 2017 2016 2015 2014 2013 2012
Net Asset Value, Beginning of Period $11.83 $11.64 $11.73 $11.14 $11.82 $11.13
Investment Operations            
Net Investment Income .201 .418 .430 .450 .441 . 437
Net Realized and Unrealized Gain (Loss)            
on Investments (. 302) . 206 (. 063) .590 (. 680) .690
Total from Investment Operations (.101) . 624 . 367 1.040 (. 239) 1.127
Distributions            
Dividends from Net Investment Income (.201) (.418) (. 430) (. 450) (.441) (. 437)
Distributions from Realized Capital Gains  (. 038) (.016) (.027) — — —
Total Distributions (. 239) (. 434) (. 457) (. 450) (.441) (. 437)
Net Asset Value, End of Period $11.49 $11.83 $11.64 $11.73 $11.14 $11.82
 
Total Return1 -0.82% 5.39% 3.19% 9.52% -2.07% 10.27%
 
Ratios/Supplemental Data            
Net Assets, End of Period (Millions) $925 $1,007 $928 $958 $988 $1,130
Ratio of Total Expenses to            
Average Net Assets 0.19% 0.19% 0.20% 0.20% 0.20% 0.20%
Ratio of Net Investment Income to            
Average Net Assets 3.56% 3.52% 3.69% 3.95% 3.84% 3.78%
Portfolio Turnover Rate 27% 13% 18% 21% 35% 15%

 

The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.

1 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

Admiral Shares            
Six Months          
  Ended          
For a Share Outstanding April 30,     Year Ended October 31,
Throughout Each Period 2017 2016 2015 2014 2013 2012
Net Asset Value, Beginning of Period $11.83 $11.64 $11.73 $11.14 $11.82 $11.13
Investment Operations            
Net Investment Income . 207 .430 .439 .459 .450 .446
Net Realized and Unrealized Gain (Loss)            
on Investments (. 302) . 206 (. 063) .590 (. 680) .690
Total from Investment Operations (. 095) .636 . 376 1.049 (. 230) 1.136
Distributions            
Dividends from Net Investment Income (. 207) (. 430) (. 439) (. 459) (. 450) (. 446)
Distributions from Realized Capital Gains  (. 038) (.016) (.027) — — —
Total Distributions (. 245) (. 446) (. 466) (. 459) (. 450) (. 446)
Net Asset Value, End of Period $11.49 $11.83 $11.64 $11.73 $11.14 $11.82
 
Total Return1 -0.77% 5.50% 3.27% 9.60% -1.99% 10.36%
 
Ratios/Supplemental Data            
Net Assets, End of Period (Millions) $9,239 $9,238 $8,088 $7,480 $6,827 $7,039
Ratio of Total Expenses to            
Average Net Assets 0.09% 0.09% 0.12% 0.12% 0.12% 0.12%
Ratio of Net Investment Income to            
Average Net Assets 3.66% 3.62% 3.77% 4.03% 3.92% 3.86%
Portfolio Turnover Rate 27% 13% 18% 21% 35% 15%

 

The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.

1 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

See accompanying Notes, which are an integral part of the Financial Statements.

262

 

Long-Term Tax-Exempt Fund

Notes to Financial Statements

Vanguard Long-Term Tax-Exempt Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund invests in debt instruments of many municipal issuers; the issuers’ abilities to meet their obligations may be affected by economic and political developments in a specific state or region. The fund offers two classes of shares: Investor Shares and Admiral Shares. Investor Shares are available to any investor who meets the fund’s minimum purchase requirements. Admiral Shares are designed for investors who meet certain administrative, service, and account-size criteria.

A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.

1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Investments in Vanguard Municipal Cash Management Fund are valued at that fund’s net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.

2. Futures Contracts: The fund uses futures contracts to invest in fixed income asset classes with greater efficiency and lower cost than is possible through direct investment, to add value when these instruments are attractively priced, or to adjust sensitivity to changes in interest rates. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of bonds held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract.

Futures contracts are valued at their quoted daily settlement prices. The aggregate settlement values of the contracts are not recorded in the Statement of Net Assets. Fluctuations in the value of the contracts are recorded in the Statement of Net Assets as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized futures gains (losses).

During the six months ended April 30, 2017, the fund’s average investments in long and short futures contracts represented 2% and less than 1% of net assets, respectively, based on the average of aggregate settlement values at each quarter-end during the period.

3. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (October 31, 2013–2016), and for the period ended April 30, 2017, and has concluded that no provision for federal income tax is required in the fund’s financial statements.

4. Distributions: Distributions from net investment income are declared daily and paid on the first business day of the following month. Annual distributions from realized capital gains, if any, are recorded on the ex-dividend date.

5. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $3.1 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.

The fund had no borrowings outstanding at April 30, 2017, or at any time during the period then ended.

263

 

Long-Term Tax-Exempt Fund

6. Other: Interest income includes income distributions received from Vanguard Municipal Cash Management Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.

Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.

B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. Vanguard does not require reimbursement in the current period for certain costs of operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Net Assets.

Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At April 30, 2017, the fund had contributed to Vanguard capital in the amount of $686,000, representing 0.01% of the fund’s net assets and 0.27% of Vanguard’s capitalization. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.

C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

Level 1—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 risk, etc.).

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments).

The following table summarizes the market value of the fund’s investments as of April 30, 2017, based on the inputs used to value them:

  Level 1 Level 2 Level 3
Investments ($000) ($000) ($000)
Tax-Exempt Municipal Bonds — 9,998,916 —
Temporary Cash Investments 116,895 — —
Futures Contracts—Assets1 154 — —
Futures Contracts—Liabilities1 (178) — —
Total 116,871 9,998,916 —
1 Represents variation margin on the last day of the reporting period.      

 

D. At April 30, 2017, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were:

        ($000)
      Aggregate  
    Number of Settlement Unrealized
    Long (Short) Value Appreciation
Futures Contracts Expiration Contracts Long (Short) (Depreciation)
2-Year U.S. Treasury Note June 2017 859 186,067 98
5-Year U.S. Treasury Note June 2017 959 113,552 108
Ultra Long U.S. Treasury Bond June 2017 (233) (37,964) (85)
30-Year U.S. Treasury Bond June 2017 134 20,498 79
        200

 

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

264

 

Long-Term Tax-Exempt Fund

E. Capital gain distributions are determined on a tax basis and may differ from realized capital gains for financial reporting purposes. Differences may be permanent or temporary. Permanent differences are reclassified among capital accounts in the financial statements to reflect their tax character. Temporary differences arise when gains or losses are recognized in different periods for financial statement and tax purposes. These differences will reverse at some time in the future. The fund’s tax-basis capital gains and losses are determined only at the end of each fiscal year.

At April 30, 2017, the cost of investment securities for tax purposes was $9,723,181,000. Net unrealized appreciation of investment securities for tax purposes was $392,630,000, consisting of unrealized gains of $451,939,000 on securities that had risen in value since their purchase and $59,309,000 in unrealized losses on securities that had fallen in value since their purchase.

F. During the six months ended April 30, 2017, the fund purchased $1,448,952,000 of investment securities and sold $1,296,268,000 of investment securities, other than temporary cash investments.

The fund purchased securities from and sold securities to other Vanguard funds or accounts managed by Vanguard or its affiliates, in accordance with procedures adopted by the board of trustees in compliance with Rule 17a-7 of the Investment Company Act of 1940. For the six months ended April 30, 2017, such purchases and sales were $399,440,000 and $330,635,000 respectively; these amounts are included in the purchases and sales of investment securities noted above.

G. Capital share transactions for each class of shares were:      
  Six Months Ended   Year Ended
    April 30, 2017 October 31, 2016
  Amount Shares Amount Shares
  ($000) (000) ($000) (000)
Investor Shares        
Issued 102,782 9,000 309,232 25,947
Issued in Lieu of Cash Distributions 15,747 1,382 29,134 2,445
Redeemed (171,858) (15,017) (274,007) (22,961)
Net Increase (Decrease) —Investor Shares (53,329) (4,635) 64,359 5,431
Admiral Shares        
Issued 1,319,298 115,585 1,878,669 157,575
Issued in Lieu of Cash Distributions 127,237 11,169 212,274 17,810
Redeemed (1,182,508) (103,536) (1,061,989) (89,087)
Net Increase (Decrease) —Admiral Shares 264,027 23,218 1,028,954 86,298

 

H. Management has determined that no material events or transactions occurred subsequent to April 30, 2017, that would require recognition or disclosure in these financial statements.

265

 

High-Yield Tax-Exempt Fund

Fund Profile
As of April 30, 2017

Share-Class Characteristics    
  Investor Admiral
  Shares Shares
Ticker Symbol VWAHX VWALX
Expense Ratio1 0.19% 0.09%
30-Day SEC Yield 3.08% 3.17%
 
 
Financial Attributes    
    Bloomberg
    Barclays
    Municipal
    Bond
  Fund Index
Number of Bonds 1,790 50,560
Yield to Maturity    
(before expenses) 5.8% 2.4%
Average Coupon 4.8% 4.8%
Average Duration 7.2 years 6.4 years
Average Stated Maturity 17.3 years 12.9 years
Short-Term Reserves 3.4% —

 

Largest Area Concentrations2  
 
California 13.3%
New York 11.0
Illinois 9.5
Texas 8.8
New Jersey 8.1
Pennsylvania 6.4
Florida 6.1
Michigan 3.8
Wisconsin 2.6
Colorado 1.7
Top Ten 71.3%
 
 
Volatility Measures  
  Bloomberg
  Barclays
  Municipal
  Bond Index
R-Squared 0.97
Beta 1.16

These measures show the degree and timing of the fund’s fluctuations compared with the indexes over 36 months.

 

Distribution by Stated Maturity (% of portfolio)

Under 1 Year 4.4%
1–3 Years 5.7
3–5 Years 2.7
5–10 Years 9.6
10–20 Years 33.9
20–30 Years 36.3
Over 30 Years 7.4

 

Distribution by Credit Quality (% of portfolio)

AAA 4.0%
AA 22.3
A 34.8
BBB 24.1
BB 4.0
B or Lower 3.4
Not Rated 7.4

 

Credit-quality ratings are obtained from Moody’s and S&P, and the higher rating for each issue is shown. “Not Rated” is used to classify securities for which a rating is not available. Not rated securities include a fund’s investment in Vanguard Market Liquidity Fund or Vanguard Municipal Cash Management Fund, each of which invests in high-quality money market instruments and may serve as a cash management vehicle for the Vanguard funds, trusts, and accounts. For more information about these ratings, see the Glossary entry for Credit Quality.

Investment Focus

 

 

 

 

 

1 The expense ratios shown are from the prospectus dated February 23, 2017, and represent estimated costs for the current fiscal year. For the six months ended April 30, 2017, the annualized expense ratios were 0.19% for Investor Shares and 0.09% for Admiral Shares.

2 Percentage of net assets, excluding any futures contracts.

266

 

High-Yield Tax-Exempt Fund

Performance Summary

All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.

Fiscal-Year Total Returns (%): October 31, 2006–April 30, 2017      
        Bloomberg
        Barclays
        Municipal
      Investor Shares Bond Index
  Income Capital Total Total
Fiscal Year Returns Returns Returns Returns
2007 4.60% -2.66% 1.94% 2.91%
2008 4.32 -12.52 -8.20 -3.30
2009 5.65 10.44 16.09 13.60
2010 4.76 4.00 8.76 7.78
2011 4.57 -1.31 3.26 3.78
2012 4.21 7.22 11.43 9.03
2013 3.74 -5.85 -2.11 -1.72
2014 4.23 5.64 9.87 7.82
2015 3.74 -0.27 3.47 2.87
2016 3.74 2.41 6.15 4.06
20171 1.85 -2.79 -0.94 -0.34

 

Average Annual Total Returns: Periods Ended March 31, 2017

This table presents returns through the latest calendar quarter—rather than through the end of the fiscal period.

Securities and Exchange Commission rules require that we provide this information.

            Ten Years
  Inception Date One Year Five Years Income Capital Total
Investor Shares 12/27/1978 0.63% 4.18% 4.30% 0.21% 4.51%
Admiral Shares 11/12/2001 0.74 4.27 4.39 0.21 4.60

 

1 Six months ended April 30, 2017.
See Financial Highlights for dividend and capital gains information.

267

 

High-Yield Tax-Exempt Fund

Financial Statements (unaudited)

Statement of Net Assets
As of April 30, 2017

The fund reports a complete list of its holdings in regulatory filings four times in each fiscal year, at the quarter-ends. For the second and fourth fiscal quarters, the lists appear in the fund’s semiannual and annual reports to shareholders. For the first and third fiscal quarters, the fund files the lists with the Securities and Exchange Commission on Form N-Q. Shareholders can look up the fund’s Forms N-Q on the SEC’s website at sec.gov. Forms N-Q may also be reviewed and copied at the SEC’s Public Reference Room (see the back cover of this report for further information).

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Tax-Exempt Municipal Bonds (98.1%)        
Alabama (1.0%)        
Alabama Port Authority Docks Facilities Revenue 6.000% 10/1/20 (Prere.) 3,000 3,469
Birmingham AL GO 5.000% 3/1/37 2,500 2,786
* Birmingham AL GO 0.000% 3/1/40 3,000 3,052
* Birmingham AL GO 0.000% 3/1/45 4,000 4,053
Birmingham AL Special Care Facilities Financing Authority Revenue        
(Methodist Home for the Aging) 5.750% 6/1/45 2,500 2,650
Houston County AL Health Care Authority Revenue 5.000% 10/1/30 6,785 7,356
Jefferson County AL Sewer Revenue 0.000% 10/1/38 (4) 7,500 5,995
Jefferson County AL Sewer Revenue 6.000% 10/1/42 3,000 3,432
Jefferson County AL Sewer Revenue 7.000% 10/1/51 34,230 41,411
Jefferson County AL Sewer Revenue 6.500% 10/1/53 24,250 28,445
Montgomery AL Higher Education Building Authority Revenue (Faulkner University) 5.000% 10/1/36 2,820 2,989
Montgomery AL Higher Education Building Authority Revenue (Faulkner University) 5.000% 10/1/43 5,080 5,345
Selma AL Industrial Development Board Revenue (International Paper Co. Project) 5.375% 12/1/35 4,000 4,446
        115,429
Alaska (0.2%)        
Alaska Industrial Development & Export Authority Revenue (Providence Health & Services) 5.500% 10/1/41 6,105 6,760
Anchorage AK Electric Utility Revenue 5.000% 12/1/35 5,000 5,627
Anchorage AK Electric Utility Revenue 5.000% 12/1/36 5,000 5,613
Northern Alaska Tobacco Securitization Corp. Revenue 4.625% 6/1/23 2,530 2,540
        20,540
American Samoa (0.0%)        
American Samoa Economic Development Authority Revenue 6.625% 9/1/35 5,000 4,776
 
Arizona (0.7%)        
Arizona Health Facilities Authority Health Care Facilities Revenue (Beatitudes Campus Project) 5.200% 10/1/37 4,400 4,328
Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) 5.000% 2/1/30 3,250 3,524
Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) 5.000% 2/1/33 1,700 1,832
Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) 5.000% 2/1/34 8,250 8,829
Maricopa County AZ Pollution Control Corp. Revenue (Southern California Edison Co.) 5.000% 6/1/35 12,500 13,593
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/33 5,925 6,771
Phoenix AZ Civic Improvement Corp. Water System Revenue 5.000% 7/1/34 5,520 6,285
Pima County AZ Industrial Development Authority Revenue (Tucson Electric Power Co. Project) 4.000% 9/1/29 3,000 3,119
Salt Verde AZ Financial Corp. Gas Revenue 5.250% 12/1/26 8,545 9,982
Salt Verde AZ Financial Corp. Gas Revenue 5.250% 12/1/27 17,105 20,133
University Medical Center Corp. Arizona Hospital Revenue 6.500% 7/1/19 (Prere.) 2,500 2,787
        81,183
Arkansas (0.2%)        
Arkansas Development Finance Authority Hospital Revenue        
(Washington Regional Medical Center) 5.000% 2/1/24 1,600 1,862
Arkansas Development Finance Authority Hospital Revenue        
(Washington Regional Medical Center) 5.000% 2/1/27 2,970 3,395
Arkansas Development Finance Authority Hospital Revenue        
(Washington Regional Medical Center) 5.000% 2/1/28 3,845 4,355
Arkansas Development Finance Authority Hospital Revenue        
(Washington Regional Medical Center) 5.000% 2/1/30 5,045 5,601
Arkansas Development Finance Authority Hospital Revenue        
(Washington Regional Medical Center) 5.000% 2/1/33 1,425 1,553
Arkansas Development Finance Authority Hospital Revenue        
(Washington Regional Medical Center) 5.000% 2/1/33 1,645 1,793
        18,559
California (13.3%)        
Alameda CA Corridor Transportation Authority Revenue 5.400% 10/1/17 (Prere.) 5,250 5,350
Alameda CA Corridor Transportation Authority Revenue 0.000% 10/1/30 (2) 1,000 567
Alameda CA Corridor Transportation Authority Revenue 4.000% 10/1/35 (4) 3,750 3,818
Alameda CA Corridor Transportation Authority Revenue 5.000% 10/1/35 (4) 3,850 4,336

 

268

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Alameda CA Corridor Transportation Authority Revenue 5.000% 10/1/36 (4) 2,210 2,480
Alameda CA Corridor Transportation Authority Revenue 4.000% 10/1/37 (4) 1,500 1,520
Alameda CA Corridor Transportation Authority Revenue 5.000% 10/1/37 15,420 17,158
Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) 5.000% 4/1/56 10,000 11,230
1 Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.500% 4/1/20 5,000 5,001
1 Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1.800% 5/1/23 10,000 9,997
Beverly Hills CA Unified School District GO 4.000% 8/1/39 6,000 6,279
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 6/1/18 (Prere.) 5 5
California Department of Water Resources Water System Revenue (Central Valley Project) 5.000% 12/1/28 195 204
California Educational Facilities Authority Revenue (Loma Linda University) 5.000% 4/1/42 2,620 2,914
California Educational Facilities Authority Revenue (Loma Linda University) 5.000% 4/1/47 6,090 6,748
California GO 5.250% 9/1/24 6,500 7,547
California GO 5.000% 9/1/28 8,230 9,403
California GO 5.000% 9/1/29 4,565 5,205
California GO 5.000% 10/1/30 12,600 14,727
California GO 6.000% 3/1/33 3,000 3,383
California GO 6.500% 4/1/33 34,000 37,531
California GO 5.000% 9/1/36 3,250 3,645
California GO 5.000% 2/1/38 6,375 7,134
California GO 5.500% 11/1/39 10,000 10,985
California GO 6.000% 11/1/39 5,000 5,601
California GO 5.000% 2/1/43 2,750 3,066
California GO 5.000% 11/1/43 12,500 14,110
California Health Facilities Financing Authority Revenue (Adventist Health System/West) 5.750% 9/1/19 (Prere.) 4,500 4,991
California Health Facilities Financing Authority Revenue (Adventist Health System/West) 4.000% 3/1/28 5,000 5,360
California Health Facilities Financing Authority Revenue (Adventist Health System/West) 4.000% 3/1/33 10,000 10,363
California Health Facilities Financing Authority Revenue (Adventist Health System/West) 4.000% 3/1/39 10,000 10,134
California Health Facilities Financing Authority Revenue (Catholic Healthcare West) 6.000% 7/1/19 (Prere.) 7,500 8,305
California Health Facilities Financing Authority Revenue (Children’s Hospital of Los Angeles) 5.000% 11/15/29 5,650 6,250
California Health Facilities Financing Authority Revenue (El Camino Hospital) 5.000% 2/1/30 1,500 1,744
California Health Facilities Financing Authority Revenue (El Camino Hospital) 5.000% 2/1/31 1,200 1,381
California Health Facilities Financing Authority Revenue (El Camino Hospital) 5.000% 2/1/37 2,625 2,927
California Health Facilities Financing Authority Revenue (El Camino Hospital) 5.000% 2/1/42 5,250 5,818
California Health Facilities Financing Authority Revenue (El Camino Hospital) 5.000% 2/1/47 5,500 6,071
California Health Facilities Financing Authority Revenue        
(Lucile Salter Packard Children’s Hospitalat Stanford) 5.000% 8/15/55 3,000 3,314
California Health Facilities Financing Authority Revenue (St. Joseph Health System) 5.750% 7/1/39 7,000 7,567
California Health Facilities Financing Authority Revenue (Sutter Health) 6.000% 8/15/42 12,000 13,639
California Health Facilities Financing Authority Revenue (Sutter Health) 5.000% 11/15/46 18,000 19,967
California Infrastructure & Economic Development Bank Revenue        
(Independent System Operator Corp. Project) 5.000% 2/1/34 13,770 15,409
California Municipal Finance Authority Revenue (Azusa Pacific University) 5.000% 4/1/35 2,000 2,144
California Municipal Finance Authority Revenue (Azusa Pacific University) 5.000% 4/1/41 2,080 2,213
California Municipal Finance Authority Revenue (Biola University) 5.000% 10/1/26 360 428
California Municipal Finance Authority Revenue (Biola University) 5.000% 10/1/27 435 520
California Municipal Finance Authority Revenue (Biola University) 5.000% 10/1/28 520 615
California Municipal Finance Authority Revenue (Biola University) 5.000% 10/1/29 470 550
California Municipal Finance Authority Revenue (Biola University) 5.000% 10/1/37 500 561
California Municipal Finance Authority Revenue (Biola University) 5.000% 10/1/39 1,000 1,118
California Municipal Finance Authority Revenue (NorthBay Healthcare Group) 5.000% 11/1/47 8,750 9,372
California Municipal Finance Authority Revenue (NorthBay Healthcare Group) 5.250% 11/1/47 2,900 3,179
California Municipal Finance Authority Revenue (University of La Verne) 6.250% 6/1/20 (Prere.) 3,585 4,137
California Municipal Finance Authority Revenue (University of La Verne) 5.000% 6/1/27 1,565 1,882
California Municipal Finance Authority Revenue (University of La Verne) 5.000% 6/1/28 1,000 1,191
California Municipal Finance Authority Revenue (University of La Verne) 5.000% 6/1/29 1,000 1,179
California Municipal Finance Authority Revenue (University of La Verne) 5.000% 6/1/30 1,000 1,166
California Municipal Finance Authority Revenue (University of La Verne) 5.000% 6/1/31 1,000 1,160
California Municipal Finance Authority Revenue (University of La Verne) 5.000% 6/1/33 1,010 1,158
California Municipal Finance Authority Revenue (University of La Verne) 5.000% 6/1/35 1,000 1,134
California Municipal Finance Authority Revenue (University of La Verne) 5.000% 6/1/36 1,000 1,130
California Municipal Finance Authority Revenue (University of La Verne) 5.000% 6/1/43 6,620 7,398
California Pollution Control Financing Authority Solid Waste Disposal Revenue        
(Republic Services Inc. Project) PUT 5.250% 12/1/17 12,155 12,392
California Public Finance Authority University Housing Revenue (Claremont Properties, LLC) 5.000% 7/1/37 825 885
California Public Works Board Lease Revenue 5.000% 10/1/26 3,500 4,254
California Public Works Board Lease Revenue 5.000% 10/1/27 6,250 7,617
California Public Works Board Lease Revenue 5.000% 10/1/30 3,000 3,568
California Public Works Board Lease Revenue 5.000% 3/1/31 8,425 9,883
California Public Works Board Lease Revenue 5.000% 3/1/32 5,000 5,833
California Public Works Board Lease Revenue (Department of Corrections) 4.500% 9/1/35 10,000 10,729
California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 12/1/28 3,600 4,077

 

269

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
California Public Works Board Lease Revenue (Judicial Council Projects) 5.000% 3/1/34 7,380 8,258
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 12/1/21 (Prere.) 10,000 11,592
California Public Works Board Lease Revenue (Various Capital Projects) 4.000% 4/1/31 10,305 10,945
California Public Works Board Lease Revenue (Various Capital Projects) 5.000% 11/1/37 9,035 10,136
California State University Systemwide Revenue 4.000% 11/1/38 5,560 5,786
California State University Systemwide Revenue 4.000% 11/1/45 2,750 2,828
California Statewide Communities Development Authority Revenue (899 Charleston Project) 5.250% 11/1/44 2,000 2,033
California Statewide Communities Development Authority Revenue (899 Charleston Project) 5.375% 11/1/49 9,200 9,402
California Statewide Communities Development Authority Revenue        
(Adventist Health System/West) 5.000% 3/1/30 6,380 7,422
California Statewide Communities Development Authority Revenue        
(Adventist Health System/West) 5.000% 3/1/35 4,500 5,079
2 California Statewide Communities Development Authority Revenue        
(Beverly Community Hospital Association) 5.000% 11/1/42 1,000 1,068
2 California Statewide Communities Development Authority Revenue        
(Beverly Community Hospital Association) 5.000% 11/1/48 3,250 3,459
California Statewide Communities Development Authority Revenue (Kaiser Permanente) 5.000% 4/1/42 18,930 20,669
California Statewide Communities Development Authority Revenue        
(Loma Linda University Medical Center Obligated Group) 5.250% 12/1/44 10,000 10,676
California Statewide Communities Development Authority Revenue        
(Loma Linda University Medical Center) 5.000% 12/1/36 15,650 16,673
California Statewide Communities Development Authority Revenue        
(Loma Linda University Medical Center) 5.000% 12/1/41 23,125 24,546
California Statewide Communities Development Authority Revenue        
(Loma Linda University Medical Center) 5.000% 12/1/46 6,000 6,354
California Statewide Communities Development Authority Revenue        
(Loma Linda University Medical Center) 5.500% 12/1/54 12,000 12,940
California Statewide Communities Development Authority Revenue        
(Loma Linda University Medical Center) 5.250% 12/1/56 8,865 9,498
California Statewide Communities Development Authority Revenue        
(Redlands Community Hospital) 5.000% 10/1/26 1,120 1,302
California Statewide Communities Development Authority Revenue        
(Redlands Community Hospital) 5.000% 10/1/46 2,650 2,865
California Statewide Communities Development Authority Student Housing Revenue        
(CHF-Irvine LLC - UCI East Campus Apartments Phase II) 5.750% 5/15/18 (Prere.) 8,000 8,413
Corona-Norco CA School District Public Financing Authority Special Tax Revenue 5.000% 9/1/32 1,125 1,269
Corona-Norco CA School District Public Financing Authority Special Tax Revenue 5.000% 9/1/35 585 653
3 Eaton Vance California Municipal Income Trust 2.400% 5/5/17 15,000 15,001
El Camino CA Healthcare District GO 4.000% 8/1/35 4,200 4,393
El Camino CA Healthcare District GO 4.000% 8/1/36 6,000 6,251
Elk Grove CA Finance Authority Special Tax Revenue 5.000% 9/1/38 (15) 1,465 1,635
Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue 0.000% 1/15/42 6,000 4,952
Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue 6.500% 1/15/43 8,730 10,391
Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue 5.750% 1/15/46 18,000 20,574
Golden State Tobacco Securitization Corp. California Revenue 5.750% 6/1/17 (Prere.) 1,170 1,175
Golden State Tobacco Securitization Corp. California Revenue 0.000% 6/1/26 (4) 10,000 7,688
Golden State Tobacco Securitization Corp. California Revenue 0.000% 6/1/27 (2) 10,000 7,205
Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/28 5,000 5,831
Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/29 6,000 6,937
Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/32 4,500 5,111
Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/34 10,000 11,289
Golden State Tobacco Securitization Corp. California Revenue 5.000% 6/1/35 15,000 16,854
Golden State Tobacco Securitization Corp. California Revenue 5.300% 6/1/37 7,000 7,082
Golden State Tobacco Securitization Corp. California Revenue 5.750% 6/1/47 18,830 18,873
Grossmont CA Healthcare District GO 6.125% 7/15/21 (Prere.) 5,000 5,987
Kern County CA GO 5.750% 2/1/19 (Prere.) 4,500 4,874
Lee Lake CA Public Financing Authority Revenue 5.000% 9/1/28 2,805 3,156
Lee Lake CA Public Financing Authority Revenue 5.000% 9/1/29 2,825 3,162
Lee Lake CA Public Financing Authority Revenue 5.000% 9/1/32 3,500 3,872
Lee Lake CA Public Financing Authority Revenue 5.125% 9/1/35 2,350 2,595
Long Beach CA Harbor Revenue 5.000% 5/15/28 4,855 5,667
Long Beach CA Harbor Revenue 5.000% 5/15/30 2,000 2,309
Los Angeles CA Department of Airports International Airport Revenue 5.000% 5/15/29 1,200 1,398
Los Angeles CA Department of Airports International Airport Revenue 5.000% 5/15/30 1,300 1,505
Los Angeles CA Department of Airports International Airport Revenue 5.375% 5/15/30 15,000 15,595
Los Angeles CA Department of Airports International Airport Revenue 5.000% 5/15/31 1,550 1,783
Los Angeles CA Department of Airports International Airport Revenue 4.000% 5/15/34 2,500 2,584
Los Angeles CA Department of Airports International Airport Revenue 5.000% 5/15/34 1,750 1,982
Los Angeles CA Department of Airports International Airport Revenue 5.000% 5/15/35 1,750 1,969
Los Angeles CA Department of Airports International Airport Revenue 5.000% 5/15/35 1,770 1,996
Los Angeles CA Department of Airports International Airport Revenue 4.000% 5/15/36 1,500 1,539

 

270

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Los Angeles CA Department of Airports International Airport Revenue 5.000% 5/15/41 11,000 12,165
Los Angeles CA Department of Airports International Airport Revenue 5.000% 5/15/41 15,700 17,590
Los Angeles CA Municipal Improvement Corp. Lease Revenue 4.000% 11/1/33 8,275 8,560
Los Angeles CA Municipal Improvement Corp. Lease Revenue 4.000% 11/1/34 6,345 6,527
Los Angeles CA Municipal Improvement Corp. Lease Revenue 4.000% 11/1/36 2,575 2,628
Los Angeles CA Regional Airports Improvement Corp. Lease Revenue (LAXFuel Corp.) 5.000% 1/1/32 4,000 4,319
Los Angeles CA Unified School District GO 4.000% 7/1/34 6,000 6,299
Los Angeles CA Wastewater System Revenue 5.750% 6/1/19 (Prere.) 4,315 4,734
Los Angeles CA Wastewater System Revenue 5.750% 6/1/27 3,465 3,793
Los Angeles County CA Public Works Financing Authority Lease Revenue 5.000% 8/1/33 2,500 2,829
Los Angeles County CA Public Works Financing Authority Lease Revenue 4.000% 12/1/34 1,500 1,570
Los Angeles County CA Public Works Financing Authority Lease Revenue 4.000% 12/1/36 750 776
Los Angeles County CA Public Works Financing Authority Lease Revenue 4.000% 12/1/40 2,000 2,047
Los Angeles County CA Sanitation Districts Financing Authority Revenue 4.000% 10/1/42 9,425 9,536
M-S-R California Energy Authority Revenue 6.500% 11/1/39 5,510 7,643
Marin CA Healthcare District GO 4.000% 8/1/40 8,000 8,203
Modesto CA Irrigation District COP 5.500% 7/1/18 (Prere.) 11,300 11,920
Northstar Community Services District California Community Facilities District No. 1        
Special Tax Revenue 5.000% 9/1/37 5,000 5,003
Oakland CA Unified School District GO 6.125% 8/1/19 (Prere.) 4,000 4,456
Oakland CA Unified School District GO 5.000% 8/1/32 1,000 1,162
Oakland CA Unified School District GO 5.500% 8/1/32 3,000 3,519
Oakland CA Unified School District GO 6.625% 8/1/38 4,000 4,813
Palomar Pomerado Health California GO 0.000% 8/1/33 (12) 8,805 4,581
Palomar Pomerado Health California GO 0.000% 8/1/38 (12) 10,740 12,516
Palomar Pomerado Health California Revenue 5.000% 11/1/28 3,500 3,921
Palomar Pomerado Health California Revenue 5.000% 11/1/29 4,605 5,105
Palomar Pomerado Health California Revenue 5.000% 11/1/30 3,335 3,675
Palomar Pomerado Health California Revenue 5.000% 11/1/31 2,485 2,723
Peralta CA Community College District Revenue 4.000% 8/1/39 7,000 7,186
Peralta CA Community College District Revenue 4.000% 8/1/39 5,000 5,133
Port of Oakland CA Revenue 5.000% 5/1/28 10,000 11,172
Port of Oakland CA Revenue 5.000% 5/1/29 10,000 11,153
Port of Oakland CA Revenue 5.000% 5/1/29 2,250 2,467
Port of Oakland CA Revenue 5.125% 5/1/30 2,000 2,192
Port of Oakland CA Revenue 5.125% 5/1/31 2,000 2,184
Poway CA Unified School District GO 0.000% 8/1/46 2,500 678
Poway CA Unified School District Public Financing Authority Special Tax Revenue 5.000% 9/1/28 (15) 1,330 1,546
Poway CA Unified School District Public Financing Authority Special Tax Revenue 5.000% 9/1/31 (15) 3,740 4,253
Poway CA Unified School District Public Financing Authority Special Tax Revenue 5.000% 9/1/32 (15) 2,490 2,812
Poway CA Unified School District Public Financing Authority Special Tax Revenue 5.000% 9/1/34 (15) 2,990 3,346
Rancho Cucamonga CA Redevelopment Agency Successor Agency Tax Allocation Revenue        
(Rancho Redevelopment Project) 4.000% 9/1/31 (14) 2,000 2,125
Rancho Cucamonga CA Redevelopment Agency Successor Agency Tax Allocation Revenue        
(Rancho Redevelopment Project) 4.000% 9/1/32 (14) 3,205 3,376
Rancho Cucamonga CA Redevelopment Agency Successor Agency Tax Allocation Revenue        
(Rancho Redevelopment Project) 4.000% 9/1/34 (14) 2,140 2,226
Rancho Mirage CA Joint Powers Financing Authority Revenue (Eisenhower Medical Center) 5.000% 7/1/27 1,000 1,005
Riverside County CA Transportation Commission Toll Revenue 0.000% 6/1/42 7,000 1,989
Roseville CA Financing Authority Electric System Revenue 5.000% 2/1/20 (Prere.) 11,000 12,143
Roseville CA Joint Union High School District GO 4.000% 8/1/45 10,000 10,260
Roseville CA Natural Gas Financing Authority Gas Revenue 5.000% 2/15/21 425 464
Sacramento County CA Airport Revenue 6.000% 7/1/18 (Prere.) 9,500 10,075
Sacramento County CA Airport Revenue 5.000% 7/1/41 2,500 2,794
Sacramento County CA Airport Revenue 5.000% 7/1/41 6,000 6,686
San Bernardino CA City Unified School District GO 5.000% 8/1/26 (4) 1,310 1,537
San Bernardino CA City Unified School District GO 5.000% 8/1/28 (4) 1,500 1,744
San Bernardino County CA Medical Center COP 7.000% 8/1/20 12,180 13,851
San Bernardino County CA Medical Center COP 6.875% 8/1/24 (ETM) 25,220 31,881
San Diego CA Community College District GO 5.250% 8/1/19 (Prere.) 5,500 6,017
San Diego CA Unified School District GO 0.000% 7/1/30 15,000 9,583
San Francisco CA City & County International Airport Revenue 5.750% 5/1/19 20,565 21,549
San Francisco CA City & County International Airport Revenue 5.000% 5/1/30 5,000 5,538
San Francisco CA City & County International Airport Revenue 5.000% 5/1/31 2,095 2,310
San Francisco CA City & County International Airport Revenue 5.250% 5/1/33 10,000 11,159
San Francisco CA City & County International Airport Revenue 5.000% 5/1/39 2,500 2,736
San Francisco CA City & County International Airport Revenue 6.000% 5/1/39 2,130 2,336
San Francisco CA City & County International Airport Revenue 5.000% 5/1/40 5,000 5,466
San Francisco CA City & County International Airport Revenue 5.000% 5/1/41 15,875 17,662
San Francisco CA City & County International Airport Revenue 5.000% 5/1/46 10,000 11,085
San Francisco CA City & County International Airport Revenue 5.000% 5/1/46 4,000 4,523

 

271

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
San Francisco CA City & County Redevelopment Agency Community Facilities District No. 7        
Special Tax Revenue (Hunters Point Shipyard Improvements) 5.000% 8/1/39 2,240 2,374
San Francisco CA City & County Redevelopment Agency Community Facilities District No. 7        
Special Tax Revenue (Hunters Point Shipyard Improvements) 5.000% 8/1/44 2,500 2,640
San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue        
(Mission Bay North) 6.625% 8/1/19 (Prere.) 2,000 2,249
San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue        
(Mission Bay South) 7.000% 2/1/21 (Prere.) 1,500 1,815
3 San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue        
(Mission Bays Redevelopment Project) 3.000% 8/1/21 6,000 6,063
3 San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue        
(Mission Bays Redevelopment Project) 0.000% 8/1/23 2,000 1,463
3 San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue        
(Mission Bays Redevelopment Project) 0.000% 8/1/26 3,000 1,819
3 San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue        
(Mission Bays Redevelopment Project) 0.000% 8/1/31 6,000 2,693
3 San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue        
(Mission Bays Redevelopment Project) 0.000% 8/1/43 9,000 1,957
San Francisco Office of Community Investment & Infrastructure Special Tax Revenue        
(Mission Bay) 5.000% 8/1/25 1,600 1,764
San Francisco Office of Community Investment & Infrastructure Special Tax Revenue        
(Mission Bay) 5.000% 8/1/26 1,250 1,370
San Francisco Office of Community Investment & Infrastructure Special Tax Revenue        
(Mission Bay) 5.000% 8/1/28 1,510 1,639
San Francisco Office of Community Investment & Infrastructure Special Tax Revenue        
(Mission Bay) 5.000% 8/1/30 1,000 1,076
San Francisco Office of Community Investment & Infrastructure Special Tax Revenue        
(Mission Bay) 5.000% 8/1/33 1,335 1,420
San Joaquin Hills CA Transportation Corridor Agency Toll Road Revenue 0.000% 1/15/24 (14) 2,000 1,589
San Joaquin Hills CA Transportation Corridor Agency Toll Road Revenue 0.000% 1/15/25 (14) 15,900 12,024
San Jose CA Airport Revenue 5.000% 3/1/31 2,055 2,373
San Jose CA Airport Revenue 5.000% 3/1/32 1,500 1,724
San Jose CA Airport Revenue 5.000% 3/1/33 1,500 1,715
San Jose CA Airport Revenue 5.000% 3/1/34 1,500 1,706
San Jose CA Airport Revenue 5.000% 3/1/35 2,500 2,828
San Jose CA Airport Revenue 5.000% 3/1/36 2,230 2,514
San Jose CA Airport Revenue 5.000% 3/1/37 2,515 2,827
San Jose CA Airport Revenue 5.000% 3/1/41 10,000 11,186
San Jose CA Airport Revenue 4.000% 3/1/42 (15) 6,755 6,744
San Jose CA Airport Revenue 5.000% 3/1/47 10,000 11,134
San Jose CA Redevelopment Agency Tax Allocation Revenue 4.440% 8/1/17 (14) 2,420 2,427
San Jose CA Redevelopment Agency Tax Allocation Revenue 4.540% 8/1/18 (14) 780 782
San Jose CA Redevelopment Agency Tax Allocation Revenue 5.000% 8/1/19 (2) 1,700 1,717
San Mateo CA Community Facilities District No. 2008-1 Special Tax Revenue (Bay Meadows) 5.000% 9/1/42 2,000 2,087
Santa Clara County CA Financing Authority Lease Revenue (Multiple Facilities Projects) 4.000% 5/15/32 11,270 11,963
Simi Valley CA School Financing Authority Revenue 5.000% 8/1/17 (Prere.) 630 649
Simi Valley CA School Financing Authority Revenue 5.000% 8/1/27 (4) 9,370 9,652
Southern California Public Power Authority Revenue (Natural Gas Project) 5.250% 11/1/20 1,700 1,895
Stockton CA Public Financing Authority Revenue 4.000% 9/2/27 (15) 1,170 1,288
Stockton CA Public Financing Authority Revenue 4.000% 9/2/29 (15) 1,355 1,455
Stockton CA Public Financing Authority Revenue 4.000% 9/2/31 (15) 1,000 1,060
Stockton CA Public Financing Authority Water Revenue (Delta Water Supply Project) 6.250% 10/1/40 6,200 7,505
Sweetwater CA Unified School District GO 5.000% 8/1/26 (15) 6,465 7,684
Sweetwater CA Unified School District GO 4.000% 8/1/42 2,000 2,032
Turlock CA Irrigation District Revenue 5.000% 1/1/20 (Prere.) 6,385 7,034
Ukiah CA Unified School District GO 0.000% 8/1/31 (10) 9,245 5,300
University of California Regents Medical Center Pooled Revenue 5.000% 5/15/41 10,000 11,312
University of California Regents Medical Center Pooled Revenue 4.000% 5/15/44 12,500 12,690
Victor Valley CA Community College District GO 6.000% 8/1/19 (Prere.) 8,000 8,889
Walnut CA Energy Center Authority Revenue 5.000% 1/1/35 10,000 10,813
Washington Township CA Health Care District Revenue 5.000% 7/1/42 1,500 1,623
Washington Township CA Health Care District Revenue 4.125% 7/1/47 5,000 4,882
West Contra Costa CA Unified School District GO 6.000% 8/1/27 3,000 3,994
Whittier CA Health Facilities Revenue (Presbyterian Intercommunity Hospital Obligated Group) 5.000% 6/1/44 18,865 20,394
        1,478,426
Colorado (1.7%)        
Centerra CO Metropolitan District No. 1 Tax Allocation Revenue 2.700% 12/1/19 705 707
Centerra CO Metropolitan District No. 1 Tax Allocation Revenue 5.000% 12/1/20 750 804
Centerra CO Metropolitan District No. 1 Tax Allocation Revenue 5.000% 12/1/21 1,475 1,595
Centerra CO Metropolitan District No. 1 Tax Allocation Revenue 5.000% 12/1/22 1,920 2,084
Centerra CO Metropolitan District No. 1 Tax Allocation Revenue 5.000% 12/1/29 17,265 18,438

 

272

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Colorado Educational & Cultural Facilities Authority Revenue (Regis University) 5.000% 10/1/26 2,390 2,729
Colorado Educational & Cultural Facilities Authority Revenue (Regis University) 5.000% 10/1/27 2,515 2,864
Colorado Educational & Cultural Facilities Authority Revenue (Regis University) 5.000% 10/1/28 2,300 2,606
Colorado Educational & Cultural Facilities Authority Revenue (Regis University) 5.000% 10/1/30 1,615 1,806
Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) 5.000% 7/1/31 4,580 4,913
Colorado Health Facilities Authority Revenue (Christian Living Communities) 5.000% 1/1/31 1,400 1,469
Colorado Health Facilities Authority Revenue (Christian Living Communities) 5.000% 1/1/37 1,800 1,853
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 5.000% 12/1/33 3,250 3,423
Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) 5.000% 12/1/35 7,250 7,762
Denver CO City & County Airport Revenue 5.250% 11/15/36 7,500 8,230
Denver CO City & County Airport Revenue 5.250% 11/15/43 8,000 8,759
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/18 (14) 5,000 4,912
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/24 (14) 29,225 23,277
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/25 (14) 14,900 11,340
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/29 (14) 21,600 13,678
E-470 Public Highway Authority Colorado Revenue 0.000% 9/1/30 (14) 10,025 6,043
Plaza CO Metropolitan District No. 1 Tax Allocation Revenue 5.000% 12/1/17 1,000 1,012
Plaza CO Metropolitan District No. 1 Tax Allocation Revenue 5.000% 12/1/18 1,375 1,413
Plaza CO Metropolitan District No. 1 Tax Allocation Revenue 5.000% 12/1/20 1,000 1,056
Plaza CO Metropolitan District No. 1 Tax Allocation Revenue 5.000% 12/1/21 1,000 1,062
Plaza CO Metropolitan District No. 1 Tax Allocation Revenue 5.000% 12/1/22 500 534
Regional Transportation District of Colorado Sales Tax Revenue        
(Denver Transit Partners Eagle P3 Project) 6.000% 1/15/34 6,000 6,639
Regional Transportation District of Colorado Sales Tax Revenue        
(Denver Transit Partners Eagle P3 Project) 6.000% 1/15/41 14,765 16,295
Solaris CO Metropolitan District GO 3.750% 12/1/26 650 638
Solaris CO Metropolitan District GO 5.000% 12/1/36 850 877
Solaris CO Metropolitan District GO 5.000% 12/1/46 1,880 1,925
Southglenn CO Metropolitan District Revenue 3.000% 12/1/21 1,960 1,927
Southglenn CO Metropolitan District Revenue 3.500% 12/1/26 6,000 5,685
Southglenn CO Metropolitan District Revenue 5.000% 12/1/30 2,285 2,353
University of Colorado Hospital Authority Revenue 5.000% 11/15/36 8,000 8,938
University of Colorado Hospital Authority Revenue 5.000% 11/15/42 12,500 13,877
        193,523
Connecticut (0.2%)        
Connecticut Health & Educational Facilities Authority Revenue (Church Home of Hartford Inc.) 2.875% 9/1/20 700 687
Connecticut Health & Educational Facilities Authority Revenue (Church Home of Hartford Inc.) 5.000% 9/1/53 2,600 2,443
Connecticut Health & Educational Facilities Authority Revenue (Hartford Healthcare) 5.000% 7/1/32 3,250 3,494
Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) 5.000% 7/1/34 2,345 2,660
Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) 5.000% 7/1/35 1,650 1,863
Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) 5.000% 7/1/36 1,500 1,690
Connecticut Health & Educational Facilities Authority Revenue (Stamford Hospital) 5.000% 7/1/37 6,500 6,948
Connecticut Health & Educational Facilities Authority Revenue (Stamford Hospital) 4.000% 7/1/46 3,000 3,030
        22,815
Delaware (0.1%)        
Delaware Economic Development Authority Revenue (Delaware State University Project) 5.000% 10/1/36 3,890 4,287
Delaware Health Facilities Authority Revenue (Christiana Care Health Services) VRDO 0.880% 5/5/17 6,500 6,500
        10,787
District of Columbia (0.7%)        
District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) 5.000% 7/15/31 5,925 6,803
District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) 5.000% 7/15/32 3,445 3,936
District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) 5.000% 7/15/34 1,000 1,133
District of Columbia Revenue (Methodist Home of the District of Columbia) 5.125% 1/1/35 1,560 1,516
District of Columbia Revenue (Methodist Home of the District of Columbia) 5.250% 1/1/39 1,015 987
District of Columbia Student Dormitory Revenue (Provident Group - Howard Properties LLC) 5.000% 10/1/30 5,500 5,290
District of Columbia Student Dormitory Revenue (Provident Group - Howard Properties LLC) 5.000% 10/1/45 7,390 6,562
4 District of Columbia Water & Sewer Authority Public Utility Revenue 5.500% 10/1/18 (Prere.) 10,000 10,645
Metropolitan Washington DC/VA Airports Authority Airport System Revenue 5.250% 10/1/25 10,000 10,921
Metropolitan Washington DC/VA Airports Authority Airport System Revenue 5.000% 10/1/30 4,000 4,565
Metropolitan Washington DC/VA Airports Authority Airport System Revenue 5.000% 10/1/44 2,500 2,766
Metropolitan Washington DC/VA Airports Authority Dulles Toll Road Revenue        
(Dulles Metrorail & Capital Improvement Projects) 0.000% 10/1/37 50,000 19,243
Metropolitan Washington DC/VA Airports Authority Dulles Toll Road Revenue        
(Dulles Metrorail & Capital Improvement Projects) 5.000% 10/1/53 7,500 7,859
        82,226
Florida (6.1%)        
Alachua County FL Health Facilities Authority Revenue        
(Shands Teaching Hospital & Clinics, Inc. Project) 5.000% 12/1/44 20,000 21,748
Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) 5.000% 4/1/39 15,000 16,115
Broward County FL Airport System Revenue 5.000% 10/1/37 7,755 8,381

 

273

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Broward County FL Airport System Revenue 5.000% 10/1/40 2,000 2,197
Broward County FL Airport System Revenue 5.000% 10/1/45 7,455 8,162
Cape Coral FL Health Facilities Authority Senior Housing Revenue (Gulf Care Inc. Project) 5.875% 7/1/40 4,000 4,201
Cape Coral FL Health Facilities Authority Senior Housing Revenue (Gulf Care Inc. Project) 6.000% 7/1/50 6,250 6,530
Capital Trust Agency Florida Revenue (Tallahassee Tapestry Senior Housing Project) 7.000% 12/1/45 3,000 2,971
Capital Trust Agency Florida Revenue (Tallahassee Tapestry Senior Housing Project) 7.125% 12/1/50 2,000 1,984
Central Florida Expressway Authority Revenue 4.000% 7/1/30 2,500 2,664
Central Florida Expressway Authority Revenue 4.000% 7/1/33 9,500 9,946
Central Florida Expressway Authority Revenue 4.000% 7/1/35 5,000 5,179
Citizens Property Insurance Corp. Florida Revenue (Coastal Account) 5.250% 6/1/17 5,000 5,019
East Homestead Community Development District Florida Special Assessment Revenue 7.250% 5/1/21 830 868
Florida Higher Educational Facilities Financing Authority Revenue (Nova Southeastern University) 5.000% 4/1/28 1,335 1,524
Florida Higher Educational Facilities Financing Authority Revenue (Nova Southeastern University) 5.000% 4/1/29 1,250 1,409
Florida Higher Educational Facilities Financing Authority Revenue (Nova Southeastern University) 5.000% 4/1/30 1,325 1,484
Florida Housing Finance Corp. Homeowner Mortgage Revenue 5.000% 7/1/41 1,305 1,357
Florida Housing Finance Corp. Homeowner Mortgage Revenue 5.500% 7/1/48 215 217
Florida Mid-Bay Bridge Authority Revenue 5.000% 10/1/35 1,780 1,958
Florida Mid-Bay Bridge Authority Revenue 5.000% 10/1/40 1,000 1,091
Florida Municipal Power Agency Revenue 6.250% 10/1/19 (Prere.) 3,250 3,645
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/35 1,000 1,087
Halifax Hospital Medical Center Florida Hospital Revenue 5.000% 6/1/46 3,850 4,095
Hernando County FL School District COP 5.000% 7/1/27 (4) 6,000 7,072
Hernando County FL School District COP 5.000% 7/1/28 (4) 5,825 6,809
Hernando County FL School District COP 5.000% 7/1/29 (4) 6,645 7,684
Hernando County FL School District COP 5.000% 7/1/30 (4) 6,975 8,014
Highlands County FL Health Facilities Authority Hospital Revenue        
(Adventist Health System/Sunbelt Obligated Group) 6.000% 11/15/37 5,000 5,520
Hillsborough County FL Aviation Authority Revenue (Tampa International Airport) 5.000% 10/1/44 10,000 10,891
Hillsborough County FL Industrial Development Authority Health Facilities Revenue        
(University Community Hospital) 5.625% 8/15/18 (Prere.) 6,000 6,361
Jacksonville FL Electric Authority Electric System Revenue VRDO 0.900% 5/5/17 5,470 5,470
Jacksonville FL Electric Authority Water & Sewer Revenue VRDO 0.900% 5/5/17 LOC 8,100 8,100
Jacksonville FL Transportation Revenue 5.000% 10/1/28 8,425 9,697
Lakeland FL Educational Facilities Revenue (Florida Southern College Project) 5.000% 9/1/37 750 810
Lakeland FL Educational Facilities Revenue (Florida Southern College Project) 5.000% 9/1/42 1,500 1,614
Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) 5.000% 11/15/40 6,250 6,759
Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) 5.000% 11/15/45 13,980 15,072
Lee County FL Solid Waste System Revenue 5.000% 10/1/22 (14) 2,000 2,275
Lee County FL Solid Waste System Revenue 5.000% 10/1/23 (14) 2,815 3,234
Lee County FL Solid Waste System Revenue 5.000% 10/1/24 (14) 3,175 3,673
Lee County FL Solid Waste System Revenue 5.000% 10/1/25 (14) 2,545 2,943
Lee County FL Solid Waste System Revenue 5.000% 10/1/26 (14) 1,465 1,694
Lee Memorial Health System Florida Hospital Revenue 5.250% 4/1/35 (14) 13,350 13,386
Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) 5.000% 11/15/28 8,360 9,212
Martin County FL Industrial Development Authority Revenue        
(Indiantown Cogeneration, LP Project) 3.950% 12/15/21 14,900 15,274
Martin County FL Industrial Development Authority Revenue        
(Indiantown Cogeneration, LP Project) 4.200% 12/15/25 19,000 19,463
Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) 5.000% 11/15/29 2,175 2,375
Miami Beach FL Parking Revenue 5.000% 9/1/45 5,000 5,436
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.125% 4/1/18 (Prere.) 6,875 7,136
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/25 5,000 5,632
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/26 5,000 5,603
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/27 7,215 8,084
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/28 6,150 6,872
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/29 17,000 18,904
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/31 4,705 5,178
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/32 11,860 13,361
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/33 29,000 32,465
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/37 4,125 4,601
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/38 5,000 5,551
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.000% 10/1/41 18,660 20,874
Miami-Dade County FL Aviation Revenue (Miami International Airport) 5.500% 10/1/41 4,000 4,370
Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) 6.125% 8/1/42 3,500 3,882
Miami-Dade County FL Health Facilities Authority Hospital Revenue (Nicklaus Children’s Hospital) 5.000% 8/1/47 3,155 3,490
Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) 5.000% 6/1/40 5,805 5,773
Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) 5.000% 6/1/48 5,975 5,864
Miami-Dade County FL Public Facilities Revenue (Jackson Memorial Hospital) 5.750% 6/1/39 (12) 5,250 5,647
Miami-Dade County FL Seaport Revenue 6.000% 10/1/24 1,590 1,913
Miami-Dade County FL Seaport Revenue 6.000% 10/1/25 1,680 2,015
Miami-Dade County FL Seaport Revenue 6.250% 10/1/38 5,000 5,933

 

274

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Miami-Dade County FL Special Obligation Revenue 0.000% 10/1/31 5,000 2,699
Miami-Dade County FL Special Obligation Revenue 5.000% 10/1/31 4,170 4,680
Miami-Dade County FL Special Obligation Revenue 5.000% 10/1/32 2,460 2,752
Miami-Dade County FL Special Obligation Revenue 5.000% 10/1/35 6,500 7,201
North Brevard County FL Hospital District Revenue (Parrish Medical Center Project) 5.750% 10/1/18 (Prere.) 2,845 3,039
North Brevard County FL Hospital District Revenue (Parrish Medical Center Project) 5.750% 10/1/38 1,155 1,210
Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) 5.000% 10/1/37 1,360 1,510
Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) 5.000% 10/1/42 7,500 8,033
Orange County FL Health Facilities Authority Revenue        
(Presbyterian Retirement Communities Inc.) 5.000% 8/1/41 5,000 5,343
Orlando & Orange County FL Expressway Authority Revenue 5.000% 7/1/35 10,000 11,167
Orlando FL Utility Commission Utility System Revenue VRDO 0.900% 5/5/17 10,800 10,800
Orlando FL Utility Commission Water & Electric Revenue 6.750% 10/1/17 (ETM) 380 389
Osceola County FL Expressway System Revenue (Poinciana Parkway Project) 0.000% 10/1/39 6,000 4,418
Osceola County FL Expressway System Revenue (Poinciana Parkway Project) 0.000% 10/1/42 7,540 5,538
Osceola County FL Expressway System Revenue (Poinciana Parkway Project) 5.375% 10/1/47 2,000 2,137
Palm Beach County FL Health Facilities Authority Retirement Communities Revenue        
(ACTS Retirement - Life Communities Inc. Obligated Group) 5.500% 11/15/20 (Prere.) 2,005 2,289
Palm Beach County FL Health Facilities Authority Revenue (Jupiter Medical Center Inc. Project) 5.000% 11/1/43 3,250 3,390
Palm Beach County FL Health Facilities Authority Revenue        
(Lifespace Communities Inc. Obligated Group) 5.000% 5/15/41 1,345 1,424
Palm Beach County FL Health Facilities Authority Revenue        
(Lifespace Communities Inc. Obligated Group) 5.000% 5/15/47 4,970 5,240
Palm Beach County FL Health Facilities Authority Revenue (Sinai Residences Boca Raton Project) 7.500% 6/1/49 3,000 3,547
Port St. Lucie FL Utility Revenue 4.000% 9/1/32 5,000 5,255
Port St. Lucie FL Utility Revenue 4.000% 9/1/33 4,000 4,181
Port St. Lucie FL Utility Revenue 4.000% 9/1/34 3,000 3,123
Port St. Lucie FL Utility Revenue 4.000% 9/1/36 5,000 5,165
Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) 5.000% 1/1/25 1,145 1,292
Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) 5.000% 1/1/26 2,100 2,371
Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) 5.000% 1/1/27 2,000 2,229
Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) 5.000% 1/1/28 2,310 2,550
Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) 5.000% 1/1/29 1,100 1,202
Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) 5.000% 1/1/30 1,000 1,085
Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) 5.000% 1/1/32 1,100 1,182
Sarasota County FL Public Hospital District Hospital Revenue (Sarasota Memorial Hospital Project) 5.500% 7/1/34 3,500 3,733
Seminole County FL Industrial Development Authority Revenue (Legacy Pointe at UCF Project) 10.000% 12/28/21 2,500 2,488
St. Petersburg FL Health Facilities Authority Revenue        
(All Children’s Hospital Inc. Obligated Group) 6.500% 11/15/19 (Prere.) 8,000 9,060
Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) 5.000% 12/1/40 7,155 7,625
Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) 5.000% 12/1/44 5,000 5,314
Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) 5.000% 9/1/24 1,000 1,165
Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) 5.000% 9/1/25 2,000 2,329
Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) 5.000% 9/1/26 2,670 3,127
Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) 5.250% 9/1/27 2,800 3,303
Tampa FL Health System Revenue (BayCare Health System) 5.000% 11/15/33 7,407 8,232
Tampa FL Health System Revenue (BayCare Health System) 5.000% 11/15/46 8,500 9,460
Tampa FL Hospital Revenue (H. Lee Moffitt Cancer Center Project) 5.000% 7/1/37 5,770 6,335
Tampa FL Revenue (University of Tampa Project) 5.000% 4/1/40 2,500 2,729
Tampa FL Revenue (University of Tampa Project) 5.000% 4/1/45 6,050 6,581
University of South Florida Financing Corp. COP 5.000% 7/1/29 5,710 6,517
University of South Florida Financing Corp. COP 5.000% 7/1/33 7,140 7,998
Volusia County FL Educational Facilities Authority Revenue        
(Embry-Riddle Aeronautical University Inc.) 5.000% 10/15/45 6,405 6,861
        675,116
Georgia (1.3%)        
Americus & Sumter County GA Hospital Authority Revenue (Magnolia Manor Obligated Group) 6.375% 5/15/43 5,615 6,103
4 Atlanta GA Water & Wastewater Revenue 6.250% 11/1/19 (Prere.) 15,000 16,907
Atlanta GA Water & Wastewater Revenue 6.250% 11/1/19 (Prere.) 2,500 2,818
Burke County GA Development Authority Pollution Control Revenue        
(Oglethorpe Power Corp. Vogtle Project) 5.500% 1/1/33 5,000 5,129
Cedartown Polk County GA Hospital Authority Revenue (Polk Medical Center Project) 5.000% 7/1/34 5,770 6,321
Cedartown Polk County GA Hospital Authority Revenue (Polk Medical Center Project) 5.000% 7/1/39 5,000 5,361
Clarke County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) 5.000% 7/1/46 7,000 7,754
Dalton GA Development Authority Revenue (Hamilton Health Care System) 5.500% 8/15/17 (14) 730 740
Dalton GA Development Authority Revenue (Hamilton Health Care System) 5.000% 8/15/28 6,685 7,415
Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) 5.000% 7/1/36 4,050 4,306
Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) 5.000% 7/1/42 8,800 9,303
Georgia Municipal Electric Power Authority Revenue 6.600% 1/1/18 (14) 270 278
Glynn-Brunswick GA Memorial Hospital Authority Revenue        
(Southeast Georgia Health System Obligated Group) 5.000% 8/1/29 5,775 6,430

 

275

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Main Street Natural Gas Inc. Georgia Gas Project Revenue 5.500% 9/15/22 2,330 2,666
Main Street Natural Gas Inc. Georgia Gas Project Revenue 5.500% 9/15/23 2,380 2,759
Main Street Natural Gas Inc. Georgia Gas Project Revenue 5.500% 9/15/26 5,630 6,712
Main Street Natural Gas Inc. Georgia Gas Project Revenue 5.500% 9/15/27 530 636
Marietta GA Development Authority Revenue 7.000% 6/15/30 4,000 4,105
Marietta GA Development Authority Revenue 7.000% 6/15/39 7,500 7,676
Municipal Electric Authority Georgia Revenue 5.000% 1/1/26 6,475 7,516
Municipal Electric Authority Georgia Revenue 5.500% 7/1/60 5,000 5,542
Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project J) 5.500% 7/1/60 5,000 5,616
Private Colleges & University Authority of Georgia Revenue (Mercer University) 5.000% 10/1/45 20,000 21,168
        143,261
Guam (0.1%)        
Guam Government Waterworks Authority Water & Waste Water System Revenue 5.000% 1/1/46 5,500 5,810
Guam International Airport Authority Revenue 6.250% 10/1/34 5,500 6,220
Guam International Airport Authority Revenue 6.375% 10/1/43 3,000 3,413
        15,443
Hawaii (0.6%)        
Hawaii Airports System Revenue 5.000% 7/1/45 26,455 29,057
Hawaii Department of Budget & Finance Special Purpose Revenue        
(Chaminade University of Honolulu) 5.000% 1/1/35 1,230 1,227
Hawaii Department of Budget & Finance Special Purpose Revenue        
(Chaminade University of Honolulu) 5.000% 1/1/45 1,500 1,445
Hawaii Department of Transportation - Airports Division Lease Revenue COP 5.250% 8/1/25 2,250 2,554
Hawaii Department of Transportation - Airports Division Lease Revenue COP 5.250% 8/1/26 3,500 3,939
Hawaii Harbor System Revenue 5.500% 7/1/35 5,000 5,508
Hawaii Harbor System Revenue 5.625% 7/1/40 5,000 5,527
Hawaii Pacific Health Revenue 5.500% 7/1/40 7,000 7,526
Hawaii Pacific Health Revenue 5.750% 7/1/40 2,365 2,565
Honolulu HI City & County Wastewater System Revenue 0.000% 7/1/17 (14) 6,000 5,988
Honolulu HI City & County Wastewater System Revenue 0.000% 7/1/18 (14) 2,000 1,965
        67,301
Idaho (0.2%)        
Idaho Housing & Finance Association RAN 5.000% 7/15/23 8,430 9,073
Idaho Housing & Finance Association RAN 5.000% 7/15/27 7,000 7,483
        16,556
Illinois (9.5%)        
Chicago IL Board of Education GO 5.000% 12/1/31 1,250 1,021
Chicago IL Board of Education GO 5.125% 12/1/32 6,225 5,113
Chicago IL Board of Education GO 5.000% 12/1/33 8,750 7,122
Chicago IL Board of Education GO 5.000% 12/1/34 5,410 4,378
Chicago IL Board of Education GO 5.250% 12/1/35 4,965 4,090
Chicago IL Board of Education GO 5.250% 12/1/39 19,475 15,861
Chicago IL Board of Education GO 5.000% 12/1/41 11,425 9,210
Chicago IL Board of Education GO 5.000% 12/1/42 25,740 20,747
Chicago IL Board of Education GO 7.000% 12/1/44 38,500 37,133
Chicago IL Board of Education GO 6.500% 12/1/46 14,500 13,420
Chicago IL GO 5.620% 1/1/26 (14) 2,755 2,764
Chicago IL GO 5.650% 1/1/27 (14) 2,630 2,639
Chicago IL GO 0.000% 1/1/31 4,915 2,055
Chicago IL GO 5.500% 1/1/31 500 502
Chicago IL GO 5.000% 1/1/34 6,660 6,390
Chicago IL GO 5.000% 1/1/34 2,000 1,919
Chicago IL GO 5.000% 1/1/35 4,370 4,182
Chicago IL GO 5.000% 1/1/38 13,000 12,294
Chicago IL GO 5.500% 1/1/39 3,700 3,690
Chicago IL GO 5.500% 1/1/42 2,000 1,992
Chicago IL Midway Airport Revenue 5.000% 1/1/27 2,000 2,298
Chicago IL Midway Airport Revenue 5.000% 1/1/28 1,765 2,008
Chicago IL Midway Airport Revenue 5.000% 1/1/29 16,180 18,041
Chicago IL Midway Airport Revenue 5.000% 1/1/29 2,220 2,510
Chicago IL Midway Airport Revenue 5.000% 1/1/31 6,945 7,660
Chicago IL Midway Airport Revenue 5.000% 1/1/33 7,200 7,887
Chicago IL Midway Airport Revenue 5.375% 1/1/33 4,000 4,452
Chicago IL Midway Airport Revenue 5.000% 1/1/34 7,105 7,756
Chicago IL Midway Airport Revenue 5.000% 1/1/41 11,700 12,628
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/25 3,250 3,846
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/26 2,495 2,972
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/27 3,765 4,437
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/30 13,400 14,866
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/30 11,000 12,013

 

276

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Chicago IL O’Hare International Airport Revenue 5.250% 1/1/30 3,655 3,955
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/31 11,000 12,125
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/31 15,595 16,931
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/34 5,600 6,098
Chicago IL O’Hare International Airport Revenue 5.625% 1/1/35 7,000 7,855
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/37 2,720 2,984
Chicago IL O’Hare International Airport Revenue 5.750% 1/1/38 12,000 13,536
Chicago IL O’Hare International Airport Revenue 5.750% 1/1/39 3,000 3,381
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/42 2,500 2,728
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/46 3,565 3,823
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/52 8,125 8,977
Chicago IL Park District GO 5.000% 1/1/40 7,500 7,962
Chicago IL Public Building Commission GO 7.000% 1/1/20 (ETM) 10,000 11,181
Chicago IL Sales Tax Revenue 5.250% 1/1/38 7,300 7,537
Chicago IL Transit Authority Sales Tax Receipts Revenue 5.250% 12/1/30 2,950 3,204
Chicago IL Transit Authority Sales Tax Receipts Revenue 5.250% 12/1/36 5,400 5,781
Chicago IL Wastewater Transmission Revenue 5.000% 1/1/34 2,500 2,691
Chicago IL Wastewater Transmission Revenue 5.000% 1/1/34 2,525 2,707
Chicago IL Wastewater Transmission Revenue 5.000% 1/1/35 2,000 2,146
Chicago IL Wastewater Transmission Revenue 5.000% 1/1/39 9,000 9,560
Chicago IL Water Revenue 5.250% 11/1/38 16,315 16,811
Chicago IL Waterworks Revenue 5.000% 11/1/39 1,000 1,063
Chicago IL Waterworks Revenue 5.000% 11/1/44 7,000 7,418
Illinois Finance Authority Revenue (Advocate Health Care Network) 5.000% 6/1/42 1,500 1,618
Illinois Finance Authority Revenue (Carle Foundation) 6.000% 8/15/41 (4) 1,500 1,703
Illinois Finance Authority Revenue (Carle Foundation) 6.000% 8/15/41 2,000 2,265
Illinois Finance Authority Revenue (Carle Foundation) 5.000% 2/15/45 10,000 10,727
Illinois Finance Authority Revenue (Centegra Health System) 5.000% 9/1/38 7,500 7,802
Illinois Finance Authority Revenue (Centegra Health System) 5.000% 9/1/39 8,150 8,485
Illinois Finance Authority Revenue (Centegra Health System) 5.000% 9/1/42 2,000 2,071
Illinois Finance Authority Revenue (Children’s Memorial Hospital) 5.375% 8/15/39 22,500 23,449
Illinois Finance Authority Revenue (Christian Homes Inc.) 5.000% 5/15/36 1,400 1,430
Illinois Finance Authority Revenue (Christian Homes Inc.) 5.000% 5/15/40 1,275 1,294
Illinois Finance Authority Revenue (Columbia College) 5.000% 12/1/37 10,000 10,345
Illinois Finance Authority Revenue (DePaul University) 4.000% 10/1/32 2,735 2,855
Illinois Finance Authority Revenue (DePaul University) 5.000% 10/1/32 500 572
Illinois Finance Authority Revenue (DePaul University) 4.000% 10/1/34 1,620 1,673
Illinois Finance Authority Revenue (DePaul University) 5.000% 10/1/36 1,360 1,528
Illinois Finance Authority Revenue (DePaul University) 5.000% 10/1/41 7,875 8,776
Illinois Finance Authority Revenue (Franciscan Communities Inc.) 5.125% 5/15/43 10,585 10,601
Illinois Finance Authority Revenue (Illinois Wesleyan University) 5.000% 9/1/46 2,200 2,333
Illinois Finance Authority Revenue (Lutheran Home & Services) 5.625% 5/15/42 5,500 5,677
Illinois Finance Authority Revenue (Lutheran Home & Services) 5.750% 5/15/46 5,750 5,961
Illinois Finance Authority Revenue (Mercy Health System) 5.000% 12/1/40 2,950 3,145
Illinois Finance Authority Revenue (Mercy Health System) 5.000% 12/1/46 21,500 22,821
2 Illinois Finance Authority Revenue (Montgomery Place) 5.250% 5/15/37 4,000 3,985
2 Illinois Finance Authority Revenue (Montgomery Place) 5.250% 5/15/48 5,000 4,848
Illinois Finance Authority Revenue (Northwestern Community Hospital) 5.375% 7/1/18 (Prere.) 6,000 6,312
Illinois Finance Authority Revenue (Northwestern Memorial Hospital) PUT 5.000% 8/15/37 6,250 6,788
Illinois Finance Authority Revenue (OSF Healthcare System) 7.000% 5/15/19 (Prere.) 10,000 11,187
Illinois Finance Authority Revenue (OSF Healthcare System) 6.000% 5/15/20 (Prere.) 4,020 4,577
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 11/15/34 1,915 2,109
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 11/15/35 1,875 2,056
Illinois Finance Authority Revenue (OSF Healthcare System) 6.000% 5/15/39 1,830 2,013
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 5/15/41 6,000 6,396
Illinois Finance Authority Revenue (OSF Healthcare System) 5.000% 11/15/45 19,750 21,361
Illinois Finance Authority Revenue (Plymouth Place Inc.) 5.000% 5/15/37 1,750 1,768
Illinois Finance Authority Revenue (Plymouth Place Inc.) 5.250% 5/15/45 1,000 1,020
Illinois Finance Authority Revenue (Plymouth Place Inc.) 5.250% 5/15/50 2,845 2,884
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/33 5,000 5,343
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/34 4,580 4,879
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/36 5,000 5,285
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 4.000% 2/15/41 4,000 3,513
Illinois Finance Authority Revenue (Presence Health Network Obligated Group) 5.000% 2/15/41 2,000 2,096
Illinois Finance Authority Revenue (Rehabilitation Institute of Chicago) 6.000% 7/1/43 10,000 11,431
Illinois Finance Authority Revenue (Riverside Health System) 6.250% 11/15/19 (Prere.) 2,775 3,127
Illinois Finance Authority Revenue (Riverside Health System) 4.000% 11/15/33 4,555 4,576
Illinois Finance Authority Revenue (Riverside Health System) 4.000% 11/15/34 2,425 2,422
Illinois Finance Authority Revenue (Riverside Health System) 6.250% 11/15/35 1,825 2,000
Illinois Finance Authority Revenue (Rush University Medical Center) 5.000% 11/15/38 8,900 9,647
Illinois Finance Authority Revenue (Silver Cross & Medical Centers) 6.875% 8/15/19 (Prere.) 500 565

 

277

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Illinois Finance Authority Revenue (Silver Cross & Medical Centers) 7.000% 8/15/19 (Prere.) 14,000 15,849
Illinois Finance Authority Revenue (Silver Cross & Medical Centers) 5.000% 8/15/35 7,300 7,880
Illinois Finance Authority Revenue (Silver Cross & Medical Centers) 5.000% 8/15/44 1,750 1,845
Illinois Finance Authority Revenue (Swedish Covenant Hospital) 5.250% 8/15/27 3,000 3,428
Illinois Finance Authority Revenue (Swedish Covenant Hospital) 5.250% 8/15/28 2,605 2,956
Illinois Finance Authority Revenue (Swedish Covenant Hospital) 5.250% 8/15/29 5,850 6,590
Illinois Finance Authority Revenue (Swedish Covenant Hospital) 5.000% 8/15/32 3,500 3,795
Illinois Finance Authority Revenue (Swedish Covenant Hospital) 5.000% 8/15/33 1,695 1,831
Illinois Finance Authority Revenue (Swedish Covenant Hospital) 5.000% 8/15/35 1,000 1,071
Illinois Finance Authority Revenue (Swedish Covenant Hospital) 5.000% 8/15/36 1,250 1,334
Illinois Finance Authority Revenue (Swedish Covenant Hospital) 5.000% 8/15/37 1,265 1,347
Illinois GO 5.000% 1/1/19 (4) 4,000 4,194
Illinois GO 5.000% 1/1/20 (4) 2,930 3,130
Illinois GO 5.000% 2/1/20 19,750 20,706
Illinois GO 5.000% 3/1/21 3,560 3,754
Illinois GO 5.000% 8/1/21 8,000 8,456
Illinois GO 5.000% 3/1/22 6,600 6,984
Illinois GO 5.000% 5/1/22 1,150 1,218
Illinois GO 5.000% 8/1/22 15,475 16,395
Illinois GO 5.000% 2/1/23 5,000 5,296
Illinois GO 5.000% 3/1/23 6,165 6,475
Illinois GO 5.000% 8/1/23 13,800 14,630
Illinois GO 5.000% 3/1/24 5,000 5,217
Illinois GO 5.000% 8/1/24 13,660 14,257
Illinois GO 5.000% 2/1/25 2,270 2,376
Illinois GO 5.000% 3/1/25 3,130 3,238
Illinois GO 5.000% 8/1/25 3,000 3,105
Illinois GO 5.500% 7/1/26 5,845 6,244
Illinois GO 5.000% 1/1/28 5,000 5,174
Illinois GO 5.000% 2/1/28 10,000 10,379
Illinois GO 5.000% 5/1/29 6,125 6,265
Illinois GO 5.250% 2/1/32 9,575 9,787
Illinois GO 5.250% 2/1/33 (4) 6,200 6,598
Illinois GO 5.500% 7/1/33 (4) 3,350 3,642
Illinois GO 5.000% 1/1/34 6,805 6,813
Illinois GO 5.250% 2/1/34 (4) 3,125 3,312
Illinois GO 5.000% 5/1/34 2,500 2,504
Illinois GO 5.500% 7/1/38 7,500 7,773
Illinois Sports Facility Authority Revenue 5.500% 6/15/30 (2) 6,120 6,268
Illinois Toll Highway Authority Revenue 5.000% 1/1/31 6,000 6,479
Illinois Toll Highway Authority Revenue 5.000% 1/1/37 5,000 5,540
Illinois Toll Highway Authority Revenue 5.000% 1/1/40 9,400 10,454
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 12/15/31 (14) 10,000 5,275
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 6/15/38 (14) 10,000 3,648
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue 0.000% 6/15/44 (4) 10,000 2,689
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue        
(McCormick Place Expansion Project) 0.000% 12/15/30 (14) 13,555 7,541
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue        
(McCormick Place Expansion Project) 0.000% 6/15/31 (14) 10,000 5,391
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue        
(McCormick Place Expansion Project) 0.000% 6/15/32 (14) 10,000 5,108
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue        
(McCormick Place Expansion Project) 5.000% 6/15/42 5,000 5,019
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue        
(McCormick Place Expansion Project) 5.000% 6/15/53 7,500 7,426
Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue        
(McCormick Place Expansion Project) 5.500% 6/15/53 9,000 9,472
Northern Illinois Municipal Power Agency Project Revenue 4.000% 12/1/33 4,000 4,080
Northern Illinois Municipal Power Agency Project Revenue 4.000% 12/1/35 5,000 5,032
Northern Illinois Municipal Power Agency Project Revenue 4.000% 12/1/36 4,500 4,514
Northern Illinois Municipal Power Agency Project Revenue 5.000% 12/1/41 10,125 11,111
Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue 6.000% 6/1/28 1,200 1,365
Romeoville IL Revenue (Lewis University Project) 5.000% 10/1/35 3,190 3,457
Romeoville IL Revenue (Lewis University Project) 5.000% 10/1/42 5,000 5,365
Will County IL Community High School District No. 210 (Lincoln-Way) GO 5.000% 1/1/27 1,260 1,174
Will County IL Community High School District No. 210 (Lincoln-Way) GO 0.000% 1/1/31 13,330 6,160
Will County IL Community High School District No. 210 (Lincoln-Way) GO 5.000% 1/1/31 9,150 8,324
        1,056,409
Indiana (1.6%)        
Gary/Chicago IL International Airport Authority Industrial Development Zone Revenue 5.000% 2/1/29 2,000 2,115
Gary/Chicago IL International Airport Authority Industrial Development Zone Revenue 5.250% 2/1/34 2,650 2,787

 

278

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Gary/Chicago IL International Airport Authority Industrial Development Zone Revenue 5.000% 2/1/39 3,300 3,382
Indiana Finance Authority Health System Revenue        
(Sisters of St. Francis Health Services Inc. Obligated Group) 5.000% 11/1/51 10,000 10,957
Indiana Finance Authority Hospital Revenue (Deaconess Health System Obligated Group) 5.000% 3/1/32 5,000 5,496
Indiana Finance Authority Hospital Revenue (Deaconess Health System Obligated Group) 5.000% 3/1/35 6,000 6,524
Indiana Finance Authority Revenue        
(Community Foundation of Northwest Indiana Obligated Group) 5.000% 3/1/41 5,500 5,867
Indiana Finance Authority Revenue (Deaconess Health System Obligated Group) 5.000% 3/1/39 7,205 7,961
Indiana Finance Authority Revenue (I-69 Development Partners LLC) 5.250% 9/1/34 5,000 5,263
Indiana Finance Authority Revenue (I-69 Development Partners LLC) 5.250% 9/1/40 9,000 9,388
Indiana Finance Authority Revenue (Ohio River Bridges East End Crossing Project) 5.000% 7/1/40 2,500 2,654
Indiana Finance Authority Revenue (Ohio River Bridges East End Crossing Project) 5.000% 7/1/44 25,550 27,128
Indiana Finance Authority Revenue (Ohio River Bridges East End Crossing Project) 5.000% 7/1/48 28,025 29,756
Indiana Health Facility Financing Authority Hospital Revenue        
(Ancilla System Inc. Obligated Group) 7.375% 7/1/23 (ETM) 19,400 24,759
Indiana Municipal Power Agency Revenue 6.000% 1/1/19 (Prere.) 13,275 14,370
Indianapolis IN Local Public Improvement Bond Bank Revenue        
(Indianapolis Airport Authority Project) 5.000% 1/1/31 5,000 5,550
Indianapolis IN Local Public Improvement Bond Bank Revenue        
(Indianapolis Airport Authority Project) 5.000% 1/1/32 4,500 4,977
Indianapolis IN Local Public Improvement Bond Bank Revenue        
(Indianapolis Airport Authority Project) 5.000% 1/1/33 3,150 3,470
Indianapolis IN Local Public Improvement Bond Bank Revenue        
(Qualified Midwestern Disaster Area) 5.750% 2/1/36 5,000 5,658
        178,062
Iowa (0.8%)        
Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) 5.000% 12/1/19 6,970 7,134
Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) 5.500% 12/1/22 43,385 44,117
Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) 5.250% 12/1/25 18,400 18,609
3 Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) 5.875% 12/1/26 5,995 6,101
Iowa Higher Education Loan Authority Revenue Private College Facility (Wartburg College Project) 5.000% 10/1/32 3,300 3,272
Iowa Higher Education Loan Authority Revenue Private College Facility (Wartburg College Project) 5.000% 10/1/37 8,950 8,636
Xenia IA Rural Water District Revenue 5.000% 12/1/31 1,600 1,791
Xenia IA Rural Water District Revenue 5.000% 12/1/36 2,000 2,186
Xenia IA Rural Water District Revenue 5.000% 12/1/41 2,000 2,166
        94,012
Kansas (0.6%)        
3 Coffeyville KS Electric System Revenue 5.000% 6/1/38 (14) 6,000 6,309
3 Coffeyville KS Electric System Revenue 5.000% 6/1/42 (14) 3,500 3,666
Ford County KS Unified School District No. 443 GO 4.000% 3/1/28 (15) 1,000 1,094
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 5.000% 12/1/36 1,500 1,601
Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) 5.000% 12/1/41 1,600 1,696
Johnson County KS Unified School District No. 233 GO 4.000% 9/1/30 1,100 1,188
Johnson County KS Unified School District No. 233 GO 4.000% 9/1/31 1,000 1,074
Kansas Development Finance Authority Health Facilities Revenue        
(Kansas University Health System) 5.375% 3/1/29 3,000 3,252
Wichita KS GO 5.000% 12/1/34 2,280 2,564
Wichita KS GO 5.000% 12/1/35 2,365 2,649
Wichita KS GO 5.000% 12/1/39 11,305 12,483
Wichita KS Health Care Facilities Revenue 5.000% 12/1/31 500 504
Wichita KS Health Care Facilities Revenue 5.250% 12/1/36 500 506
Wichita KS Health Care Facilities Revenue 6.375% 5/15/43 7,000 7,413
Wichita KS Health Care Facilities Revenue 5.375% 12/1/46 1,250 1,268
Wichita KS Health Care Facilities Revenue 6.500% 5/15/48 8,000 8,511
Wichita KS Health Care Facilities Revenue (Larksfield Place Obligated Group) 7.375% 12/15/43 5,000 5,415
        61,193
Kentucky (0.6%)        
Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) 5.000% 2/1/40 6,915 7,203
Kentucky Economic Development Finance Authority Hospital Revenue        
(Baptist Healthcare System Obligated Group) 5.250% 8/15/46 11,555 12,147
Kentucky Public Transportation Infrastructure Authority Toll Revenue        
(Downtown Crossing Project) BAN 0.000% 7/1/33 3,065 2,602
Kentucky Public Transportation Infrastructure Authority Toll Revenue        
(Downtown Crossing Project) BAN 0.000% 7/1/39 3,000 2,480
Kentucky Public Transportation Infrastructure Authority Toll Revenue        
(Downtown Crossing Project) BAN 6.000% 7/1/53 12,025 13,433
Louisville & Jefferson County KY Metropolitan Government Health Facilities Revenue        
(Jewish Hospital& St. Mary’s Healthcare Inc. Project) 5.750% 2/1/18 (Prere.) 9,400 9,749
Louisville & Jefferson County KY Metropolitan Government Health System Revenue        
(Norton Healthcare Obligated Group) 5.750% 10/1/42 9,500 10,720

 

279

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) 5.000% 6/1/22 (Prere.) 4,775 5,574
Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) 5.000% 12/1/35 1,475 1,548
        65,456
Louisiana (1.2%)        
Louisiana Citizens Property Insurance Corp. Assessment Revenue 6.750% 6/1/18 (Prere.) 6,000 6,381
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (East Baton Rouge Sewerage Commission Projects) 5.000% 2/1/39 4,250 4,636
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (Women’s Hospital Foundation Project) 5.875% 10/1/40 9,990 11,132
Louisiana Local Government Environmental Facilities & Community Development        
Authority Revenue (Women’s Hospital Foundation Project) 6.000% 10/1/44 8,095 9,050
3 Louisiana Public Facilities Authority Dock & Wharf Revenue (Impala Warehousing LLC Project) 6.500% 7/1/36 28,700 30,847
Louisiana Public Facilities Authority Hospital Revenue        
(Franciscan Missionaries of Our Lady Health System Project) 5.000% 7/1/39 17,500 19,208
Louisiana Public Facilities Authority Hospital Revenue        
(Franciscan Missionaries of Our Lady Health System Project) 5.000% 7/1/42 8,000 8,505
Louisiana Public Facilities Authority Revenue (Nineteenth Judicial District Court Building Project) 5.000% 6/1/42 (4) 3,500 3,805
New Orleans LA Aviation Board Revenue 6.000% 1/1/23 (12) 5,000 5,382
New Orleans LA Aviation Board Revenue 5.000% 1/1/34 2,725 2,982
New Orleans LA Aviation Board Revenue 5.000% 1/1/35 2,000 2,181
New Orleans LA Sewage Service Revenue 5.000% 6/1/44 3,000 3,284
New Orleans LA Water Revenue 5.000% 12/1/44 7,000 7,690
Port of New Orleans LA Board of Commissioners Port Facility Revenue 5.000% 4/1/30 1,210 1,311
Port of New Orleans LA Board of Commissioners Port Facility Revenue 5.000% 4/1/32 2,720 2,923
St. Charles Parish LA Gulf Opportunity Zone Revenue (Valero Energy Corp.) PUT 4.000% 6/1/22 12,515 13,149
        132,466
Maine (0.1%)        
Maine Health & Higher Educational Facilities Authority Revenue (Eastern Maine Medical Center) 5.000% 7/1/41 3,500 3,564
Maine Health & Higher Educational Facilities Authority Revenue (Eastern Maine Medical Center) 5.000% 7/1/46 7,750 7,858
Maine Housing Authority Mortgage Revenue 4.500% 11/15/28 1,555 1,634
        13,056
Maryland (1.2%)        
Anne Arundel County MD Special Tax Revenue (Villages at 2 Rivers Project) 5.125% 7/1/36 1,030 1,032
Anne Arundel County MD Special Tax Revenue (Villages at 2 Rivers Project) 5.250% 7/1/44 2,150 2,152
Baltimore MD Special Obligation Revenue 7.000% 9/1/38 8,000 8,224
Baltimore MD Special Obligation Revenue (Harbor Point Project) 5.000% 6/1/36 1,250 1,235
Baltimore MD Special Obligation Revenue (Harbor Point Project) 5.125% 6/1/43 3,650 3,585
Frederick County MD Special Tax Revenue (Jefferson Technology Park) 7.125% 7/1/43 5,000 5,458
Howard County MD Retirement Community Revenue (Columbia Vantage House Corp.) 5.000% 4/1/21 610 629
Howard County MD Retirement Community Revenue (Columbia Vantage House Corp.) 5.000% 4/1/26 1,565 1,612
Howard County MD Retirement Community Revenue (Columbia Vantage House Corp.) 5.000% 4/1/36 1,730 1,681
Howard County MD Retirement Community Revenue (Columbia Vantage House Corp.) 5.000% 4/1/36 1,715 1,672
Howard County MD Retirement Community Revenue (Columbia Vantage House Corp.) 5.000% 4/1/44 1,250 1,189
Howard County MD Retirement Community Revenue (Columbia Vantage House Corp.) 5.000% 4/1/46 7,205 6,800
2 Maryland Economic Development Corp. Student Housing Revenue (Towson University Project) 5.000% 7/1/25 200 233
2 Maryland Economic Development Corp. Student Housing Revenue (Towson University Project) 5.000% 7/1/26 175 203
2 Maryland Economic Development Corp. Student Housing Revenue (Towson University Project) 5.000% 7/1/27 145 169
2 Maryland Economic Development Corp. Student Housing Revenue (Towson University Project) 5.000% 7/1/28 175 202
2 Maryland Economic Development Corp. Student Housing Revenue (Towson University Project) 5.000% 7/1/29 190 217
2 Maryland Economic Development Corp. Student Housing Revenue (Towson University Project) 5.000% 7/1/30 325 369
2 Maryland Economic Development Corp. Student Housing Revenue (Towson University Project) 5.000% 7/1/31 375 423
2 Maryland Economic Development Corp. Student Housing Revenue (Towson University Project) 5.000% 7/1/32 325 365
2 Maryland Economic Development Corp. Student Housing Revenue (Towson University Project) 5.000% 7/1/36 600 663
2 Maryland Economic Development Corp. Student Housing Revenue (Towson University Project) 5.000% 7/1/37 1,000 1,060
Maryland GO 5.000% 3/15/22 20,000 23,366
Maryland GO 4.000% 6/1/30 7,500 8,218
Maryland Health & Higher Educational Facilities Authority Revenue        
(Life Bridge Health Obligated Group) 5.000% 7/1/40 2,000 2,231
Maryland Health & Higher Educational Facilities Authority Revenue        
(Life Bridge Health Obligated Group) 5.000% 7/1/47 15,000 16,643
Maryland Health & Higher Educational Facilities Authority Revenue        
(Maryland Institute College of Art) 4.000% 6/1/42 2,500 2,465
Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) 5.000% 8/15/26 4,000 4,630
Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) 5.000% 8/15/27 7,005 8,057
Maryland Health & Higher Educational Facilities Authority Revenue        
(University of Maryland Medical System) 5.000% 7/1/33 6,750 7,454
2 Prince Georges County MD Revenue (Collington Episcopal Life Care Community Inc.) 5.250% 4/1/37 6,000 6,288
2 Prince Georges County MD Revenue (Collington Episcopal Life Care Community Inc.) 5.250% 4/1/47 6,030 6,261
Westminster MD Revenue (Lutheran Village at Miller’s Grant) 6.125% 7/1/39 750 803
Westminster MD Revenue (Lutheran Village at Miller’s Grant) 6.250% 7/1/44 2,000 2,144
        127,733

 

280

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Massachusetts (1.2%)        
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/22 (Prere.) 120 140
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/22 (Prere.) 745 871
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/29 635 694
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/31 1,830 2,008
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/33 5,000 5,429
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/34 5,000 5,404
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/35 4,065 4,378
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/36 2,750 2,953
Massachusetts Development Finance Agency Revenue (Boston Medical Center) 5.000% 7/1/37 4,000 4,285
Massachusetts Development Finance Agency Revenue (Boston University) 5.000% 10/1/28 3,560 4,374
Massachusetts Development Finance Agency Revenue (Boston University) 4.000% 10/1/34 1,000 1,050
Massachusetts Development Finance Agency Revenue (Emerson College) 5.000% 1/1/41 7,000 7,525
Massachusetts Development Finance Agency Revenue (Emerson College) 5.000% 1/1/47 13,170 14,217
Massachusetts Development Finance Agency Revenue (Harvard University) 5.500% 11/15/18 (Prere.) 3,380 3,617
Massachusetts Development Finance Agency Revenue (Lowell General Hospital) 5.000% 7/1/44 7,165 7,505
Massachusetts Development Finance Agency Revenue (Merrimack College) 5.125% 7/1/44 5,950 6,237
Massachusetts Development Finance Agency Revenue (Milford Regional Medical Center) 5.750% 7/15/43 3,750 4,125
Massachusetts Development Finance Agency Revenue (Suffolk University) 6.250% 7/1/19 (Prere.) 3,195 3,546
Massachusetts Development Finance Agency Revenue (Suffolk University) 6.250% 7/1/30 1,805 1,982
Massachusetts Development Finance Agency Revenue (Suffolk University) 5.000% 7/1/32 3,085 3,453
Massachusetts Development Finance Agency Revenue (Suffolk University) 5.000% 7/1/33 2,380 2,649
Massachusetts Development Finance Agency Revenue (Suffolk University) 5.125% 7/1/40 9,000 9,409
Massachusetts Development Finance Agency Revenue (Tufts Medical Center) 7.250% 1/1/32 3,500 4,081
Massachusetts Development Finance Agency Revenue (Tufts Medical Center) 6.875% 1/1/41 1,750 1,995
Massachusetts Development Finance Agency Revenue (WGBH Educational Foundation) 4.000% 1/1/32 1,645 1,745
Massachusetts Development Finance Agency Revenue (WGBH Educational Foundation) 4.000% 1/1/33 1,000 1,054
Massachusetts Educational Financing Authority Education Loan Revenue 5.000% 7/1/20 5,000 5,424
Massachusetts Educational Financing Authority Education Loan Revenue 5.000% 7/1/21 5,000 5,511
Massachusetts Educational Financing Authority Education Loan Revenue 5.000% 1/1/24 7,000 7,909
Massachusetts Port Authority Revenue 5.000% 7/1/40 2,000 2,204
Massachusetts Port Authority Revenue 5.000% 7/1/45 3,500 3,834
Massachusetts Port Authority Revenue 4.000% 7/1/46 8,000 8,110
        137,718
Michigan (3.8%)        
Chippewa Valley MI Schools GO 5.000% 5/1/28 1,500 1,762
Chippewa Valley MI Schools GO 5.000% 5/1/29 1,000 1,164
Chippewa Valley MI Schools GO 5.000% 5/1/30 1,000 1,154
Chippewa Valley MI Schools GO 5.000% 5/1/31 1,000 1,147
Detroit MI Water & Sewerage Department Sewage Disposal System Revenue 5.500% 7/1/17 (Prere.) 1,950 1,965
Detroit MI Water & Sewerage Department Sewage Disposal System Revenue 5.500% 7/1/24 8,050 8,108
Detroit MI Water & Sewerage Department Sewage Disposal System Revenue 5.250% 7/1/39 4,735 5,108
Detroit MI Water Supply System Revenue 5.000% 7/1/31 5,000 5,383
Detroit MI Water Supply System Revenue 5.250% 7/1/41 2,045 2,222
Genesee County MI GO 5.250% 2/1/40 (15) 12,330 13,687
Grand Traverse County MI Hospital Finance Authority Revenue 5.000% 7/1/44 1,730 1,876
Grand Traverse County MI Hospital Finance Authority Revenue 5.000% 7/1/47 3,550 3,843
Great Lakes MI Water Authority Sewer Disposal System Revenue 5.000% 7/1/31 4,000 4,511
Great Lakes MI Water Authority Sewer Disposal System Revenue 5.000% 7/1/36 5,000 5,461
Great Lakes MI Water Authority Water Supply System Revenue 5.000% 7/1/28 5,000 5,797
Great Lakes MI Water Authority Water Supply System Revenue 5.000% 7/1/31 6,000 6,686
Jackson County MI Hospital Finance Authority Hospital Revenue (Allegiance Health) 5.250% 6/1/20 (Prere.) 10,000 11,208
Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) 5.000% 5/15/20 (Prere.) 5,525 6,133
Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) 5.000% 5/15/30 4,475 4,810
Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) 4.000% 5/15/31 3,000 3,115
Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) 4.000% 5/15/32 3,350 3,458
Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) 4.000% 5/15/33 4,750 4,877
Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) 5.250% 11/1/40 7,500 8,322
Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) 5.000% 11/1/43 16,110 17,457
Lincoln MI Consolidated School District GO 5.000% 5/1/40 (4) 1,250 1,392
Livonia MI Public Schools School District GO 5.000% 5/1/45 (4) 4,500 4,956
Marquette MI Board of Light & Power Electric Utility System Revenue 5.000% 7/1/27 850 1,000
Marquette MI Board of Light & Power Electric Utility System Revenue 5.000% 7/1/28 1,000 1,166
Marquette MI Board of Light & Power Electric Utility System Revenue 5.000% 7/1/29 1,000 1,157
Marquette MI Board of Light & Power Electric Utility System Revenue 5.000% 7/1/30 1,000 1,151
Marquette MI Board of Light & Power Electric Utility System Revenue 5.000% 7/1/31 1,000 1,145
Marysville MI Public Schools District GO 5.000% 5/1/37 2,135 2,396
Michigan Building Authority Revenue 5.000% 4/15/34 11,135 12,514
Michigan Building Authority Revenue 5.000% 11/15/36 (4) 6,500 7,156
Michigan Building Authority Revenue 5.000% 4/15/38 5,000 5,553
Michigan Building Authority Revenue 5.000% 10/15/50 6,000 6,599

 

281

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Michigan Finance Authority Revenue 4.500% 10/1/29 5,000 5,148
Michigan Finance Authority Revenue 5.000% 10/1/33 3,000 3,342
Michigan Finance Authority Revenue 5.000% 10/1/34 3,670 4,075
Michigan Finance Authority Revenue (Beaumont Health Obligated Group) 5.000% 8/1/28 3,250 3,706
Michigan Finance Authority Revenue (Beaumont Health Obligated Group) 5.000% 8/1/33 5,500 6,103
Michigan Finance Authority Revenue (Beaumont Health Obligated Group) 5.000% 11/1/44 8,630 9,475
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/29 2,500 2,799
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/30 2,805 3,128
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/32 (4) 4,400 4,958
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/33 2,000 2,203
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/34 5,500 5,988
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/34 1,500 1,646
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/35 4,500 4,880
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/44 17,830 18,938
Michigan Finance Authority Revenue (Detroit Water & Sewer) 5.000% 7/1/44 7,510 7,872
Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) 5.000% 11/15/41 10,000 11,037
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/32 2,340 2,619
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/32 4,670 5,227
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/33 4,025 4,484
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/34 2,200 2,441
Michigan Finance Authority Revenue (McLaren Health Care Corp.) 5.000% 5/15/35 2,515 2,779
Michigan Finance Authority Revenue (MidMichigan Obligated Group) 5.000% 6/1/33 2,750 3,069
Michigan Finance Authority Revenue (MidMichigan Obligated Group) 5.000% 6/1/34 3,000 3,338
Michigan Finance Authority Revenue (Sparrow Obligated Group) 5.000% 11/15/27 3,500 4,073
Michigan Finance Authority Revenue (Sparrow Obligated Group) 5.000% 11/15/28 2,000 2,305
Michigan Finance Authority Revenue (Sparrow Obligated Group) 5.000% 11/15/36 2,500 2,739
Michigan Finance Authority Revenue (Trinity Health Credit Group) 5.000% 12/1/45 10,000 11,012
Michigan Finance Authority Revenue (Unemployment Obligation Assessment) 5.000% 7/1/22 815 830
Michigan Finance Authority Student Loan Revenue 5.000% 11/1/17 2,625 2,668
Michigan Hospital Finance Authority Revenue (McLaren Health Care) 5.000% 6/1/35 2,115 2,287
Michigan Hospital Finance Authority Revenue (MidMichigan Obligated Group) 6.125% 6/1/19 (Prere.) 4,315 4,761
Michigan Tobacco Settlement Financing Authority Revenue 5.250% 6/1/22 3,735 3,661
Michigan Tobacco Settlement Financing Authority Revenue 6.875% 6/1/42 21,330 22,258
Michigan Tobacco Settlement Financing Authority Revenue 6.000% 6/1/48 1,300 1,220
Oakland University MI Revenue 5.000% 3/1/41 5,000 5,558
Oakland University MI Revenue 5.000% 3/1/47 9,000 9,960
Rockford MI Public Schools GO 5.000% 5/1/37 1,240 1,387
Rockford MI Public Schools GO 5.000% 5/1/38 1,025 1,145
Rockford MI Public Schools GO 5.000% 5/1/39 1,025 1,143
Rockford MI Public Schools GO 5.000% 5/1/40 1,025 1,141
Rockford MI Public Schools GO 5.000% 5/1/41 1,025 1,140
Rockford MI Public Schools GO 5.000% 5/1/44 2,250 2,498
Romeo MI Community School District GO 5.000% 5/1/37 1,825 2,048
Romeo MI Community School District GO 5.000% 5/1/41 2,000 2,233
Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) 6.000% 8/1/19 (Prere.) 7,000 7,754
Saginaw MI Hospital Finance Authority Hospital Revenue (Covenant Medical Center Inc.) 5.000% 7/1/30 10,000 10,777
Wayne County MI Airport Authority Revenue 5.000% 12/1/34 5,000 5,548
Wayne County MI Airport Authority Revenue 5.000% 12/1/38 4,000 4,392
Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) 5.000% 12/1/28 6,125 6,713
Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) 5.000% 12/1/32 2,065 2,235
Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) 5.000% 12/1/37 2,000 2,136
Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) 5.000% 12/1/39 1,700 1,847
Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) 5.000% 12/1/44 2,000 2,165
        424,328
Minnesota (0.4%)        
Anoka MN Healthcare & Housing Facilities Revenue (Homestead at Anoka Inc.) 5.375% 11/1/34 1,135 1,165
Anoka MN Healthcare & Housing Facilities Revenue (Homestead at Anoka Inc.) 5.125% 11/1/49 4,050 4,019
Anoka MN Housing Revenue (Homestead at Anoka Inc.) 5.000% 11/1/46 1,500 1,482
Anoka MN Housing Revenue (Homestead at Anoka Inc.) 5.500% 11/1/46 2,000 2,101
Dakota County MN Community Development Agency Multifamily Housing Revenue        
(Highview Hills Senior Housing Project) 7.000% 8/1/18 (Prere.) 8,000 8,595
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/31 200 226
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/32 225 253
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/33 225 251
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/34 250 278
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/35 230 254
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/36 250 276
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/37 300 330
Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue 5.000% 1/1/41 750 829
Minneapolis MN Health Care System Revenue (Fairview Health Services) 6.750% 11/15/18 (Prere.) 8,250 8,975
Minnesota Higher Education Facilities Authority Revenue (Augsburg College) 5.000% 5/1/46 3,000 3,209

 

282

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Minnesota Housing Finance Agency Residential Housing Revenue 4.000% 7/1/40 375 388
Minnesota Municipal Power Agency Revenue 5.000% 10/1/33 1,380 1,584
Minnesota Municipal Power Agency Revenue 5.000% 10/1/36 880 1,003
Minnesota Municipal Power Agency Revenue 5.000% 10/1/47 2,500 2,818
Rochester MN Health Care & Housing Facility Revenue (Homestead At Rochester, Inc. Project) 6.875% 12/1/48 10,000 11,011
        49,047
Mississippi (0.5%)        
Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) 5.000% 7/1/29 4,150 4,682
Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) 5.000% 7/1/30 2,450 2,744
Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) 5.000% 7/1/31 2,000 2,227
Mississippi Business Finance Corp. Gulf Opportunity Zone Industrial Development Revenue        
(Chevron USA Inc. Project) VRDO 0.880% 5/1/17 6,400 6,400
Mississippi Business Finance Corp. Gulf Opportunity Zone Industrial Development Revenue        
(Chevron USA Inc. Project) VRDO 0.890% 5/1/17 11,000 11,000
Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Health System) 5.000% 9/1/46 17,500 19,066
Warren County MS Gulf Opportunity Zone Revenue (International Paper Co. Projects) 5.375% 12/1/35 5,500 6,054
        52,173
Missouri (1.0%)        
Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue        
(St. Francis Medical Center) 5.000% 6/1/33 10,000 10,790
Joplin MO Industrial Development Authority Health Facilities Revenue (Freeman Health System) 5.000% 2/15/29 1,105 1,236
Kirkwood MO Industrial Development Authority Retirement Community Revenue        
(Aberdeen Heights Project) 8.250% 5/15/20 (Prere.) 5,000 6,023
Kirkwood MO Industrial Development Authority Retirement Community Revenue        
(Aberdeen Heights Project) 8.250% 5/15/20 (Prere.) 5,000 6,023
Missouri Health & Educational Facilities Authority Educational Facilities Revenue        
(St. Louis College of Pharmacy Project) 5.000% 5/1/40 1,410 1,473
Missouri Health & Educational Facilities Authority Educational Facilities Revenue        
(St. Louis College of Pharmacy Project) 5.500% 5/1/43 8,500 9,199
Missouri Health & Educational Facilities Authority Educational Facilities Revenue        
(St. Louis College of Pharmacy Project) 5.000% 5/1/45 2,000 2,083
Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) 5.500% 11/15/18 (Prere.) 5,200 5,562
Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) 5.500% 11/15/33 1,300 1,367
Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) 5.000% 11/15/48 2,475 2,678
Missouri Health & Educational Facilities Authority Revenue        
(Lutheran Senior Services Obligated Group) 5.000% 2/1/35 1,065 1,137
Missouri Health & Educational Facilities Authority Revenue        
(Lutheran Senior Services Obligated Group) 5.000% 2/1/46 4,000 4,208
Missouri Health & Educational Facilities Authority Revenue (Mercy Health) 5.000% 11/15/45 5,000 5,522
Missouri Housing Development Corp. Single Family Mortgage Revenue 5.600% 9/1/38 1,480 1,494
Missouri Joint Municipal Electric Utility Commission Power Project Revenue 4.000% 12/1/32 9,000 9,484
Missouri Joint Municipal Electric Utility Commission Power Project Revenue 4.000% 12/1/33 17,450 18,276
Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 12/1/27 1,750 2,061
Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) 5.000% 6/1/28 2,690 3,154
St. Joseph MO Industrial Development Authority Health Facilities Revenue        
(Heartland Regional Medical Center) VRDO 0.860% 5/1/17 LOC 13,340 13,340
St. Louis County MO Industrial Development Authority Revenue        
(Ranken-Jordan Pediatric Specialty Hospital) 4.000% 11/15/36 1,400 1,248
St. Louis County MO Industrial Development Authority Revenue        
(Ranken-Jordan Pediatric Specialty Hospital) 5.000% 11/15/41 1,000 978
St. Louis County MO Industrial Development Authority Revenue        
(Ranken-Jordan Pediatric Specialty Hospital) 5.000% 11/15/46 1,750 1,672
St. Louis County MO Industrial Development Authority Senior Living Facilities Revenue        
(St. Andrew’s Resources for Seniors Obligated Group) 5.000% 12/1/35 2,000 1,986
St. Louis County MO Industrial Development Authority Senior Living Facilities Revenue        
(St. Andrew’s Resources for Seniors Obligated Group) 5.125% 12/1/45 4,250 4,206
        115,200
Multiple State (0.1%)        
1,3 Eaton Vance Municipal Income Trust 2.400% 9/1/19 10,000 10,001
 
Nebraska (0.4%)        
Central Plains Energy Project Nebraska Gas Project Revenue (Project No. 3) 5.000% 9/1/32 2,500 2,708
Central Plains Energy Project Nebraska Gas Project Revenue (Project No. 3) 5.000% 9/1/42 14,420 15,299
Douglas County NE Hospital Authority No. 2 Health Facilities Revenue        
(Children’s Hospital Obligated Group) 5.000% 11/15/47 4,000 4,447
Municipal Energy Agency of Nebraska Power Supply System Revenue 4.000% 4/1/32 2,010 2,100
Municipal Energy Agency of Nebraska Power Supply System Revenue 4.000% 4/1/33 1,785 1,855
Nebraska Public Power District Revenue 5.000% 1/1/35 3,200 3,599
Omaha NE Public Power District Electric Revenue 5.000% 2/1/41 3,680 4,128
Scotts Bluff County NE Hospital Authority Revenue (Regional West Medical Center) 5.250% 2/1/37 6,500 6,881
        41,017

 

283

 

High-Yield Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
Nevada (0.2%)        
  Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) 5.000% 9/1/33 9,500 10,145
  Las Vegas NV Convention & Visitors Authority Revenue 5.000% 7/1/28 2,000 2,351
  Las Vegas NV Convention & Visitors Authority Revenue 5.000% 7/1/29 2,000 2,332
  Nevada Capital Improvement & Cultural Affairs GO 5.000% 12/1/17 (Prere.) 2,550 2,612
  Sparks NV Local Improvement District Revenue 6.500% 9/1/18 (Prere.) 1,065 1,126
  Sparks NV Local Improvement District Revenue 6.750% 9/1/18 (Prere.) 2,640 2,840
          21,406
New Hampshire (0.2%)        
  New Hampshire Health & Education Facilities Authority Revenue        
  (Elliott Hospital Obligated Group) 5.000% 10/1/38 4,000 4,341
  New Hampshire Health & Education Facilities Authority Revenue        
  (Southern New Hampshire University) 5.000% 1/1/34 1,375 1,485
  New Hampshire Health & Education Facilities Authority Revenue        
  (Southern New Hampshire University) 5.000% 1/1/42 4,450 4,779
  New Hampshire Health & Education Facilities Authority Revenue (Wentworth Douglas Hospital) 7.000% 1/1/38 7,000 8,043
          18,648
New Jersey (8.1%)        
  Atlantic City NJ GO 4.000% 11/1/24 (4) 4,805 4,905
  Atlantic City NJ GO 4.000% 11/1/25 (4) 2,405 2,432
  Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue        
  (Cooper Health System Obligated Group) 5.750% 2/15/42 5,000 5,552
  Camden County NJ Improvement Authority Lease Revenue        
  (Rowan University School of Osteopathic Medicine Project) 5.000% 12/1/25 1,195 1,382
  Camden County NJ Improvement Authority Lease Revenue        
  (Rowan University School of Osteopathic Medicine Project) 5.000% 12/1/26 1,630 1,877
  Camden County NJ Improvement Authority Lease Revenue        
  (Rowan University School of Osteopathic Medicine Project) 5.000% 12/1/27 1,610 1,844
1,3 Eaton Vance New Jersey Municipal Income Trust 2.400% 9/1/19 7,500 7,501
  Gloucester County NJ Pollution Control Financing Authority Revenue (Logan Project) 5.000% 12/1/24 12,875 13,949
  New Jersey Building Authority Revenue 5.000% 6/15/19 13,670 14,354
  New Jersey Casino Reinvestment Development Authority Revenue (Hotel Room Fee) 5.250% 1/1/23 (2) 1,450 1,455
  New Jersey COP 5.250% 6/15/19 (Prere.) 5,000 5,432
  New Jersey Economic Development Authority Revenue 5.000% 6/15/23 10,000 10,657
  New Jersey Economic Development Authority Revenue 5.500% 6/15/30 3,000 3,213
  New Jersey Economic Development Authority Revenue 5.500% 6/15/31 6,700 7,154
  New Jersey Economic Development Authority Revenue 5.250% 6/15/40 2,500 2,548
  New Jersey Economic Development Authority Revenue (Bancroft NeuroHealth Project) 5.000% 6/1/36 3,800 3,781
  New Jersey Economic Development Authority Revenue (Goethals Bridge Replacement Project) 5.375% 1/1/43 3,250 3,604
  New Jersey Economic Development Authority Revenue (Motor Vehicle Surcharges) 5.250% 7/1/24 (14) 18,055 20,823
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.250% 9/1/19 (Prere.) 10,200 11,168
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.500% 3/1/21 (Prere.) 2,055 2,374
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 9/1/21 6,745 7,137
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.500% 9/1/21 755 812
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.250% 12/15/21 (14) 4,500 5,037
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 3/1/22 8,000 8,510
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 3/1/22 4,750 5,053
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 9/1/22 7,150 7,500
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.250% 9/1/23 6,545 6,946
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.750% 9/1/23 700 759
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.500% 9/1/24 (2) 6,300 7,067
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 3/1/27 1,650 1,703
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.250% 9/1/27 2,385 2,498
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 3/1/32 3,000 3,040
  New Jersey Economic Development Authority Revenue (School Facilities Construction) 5.000% 6/15/40 19,485 19,507
  New Jersey Economic Development Authority Revenue (West Campus Housing LLC) 5.000% 7/1/35 1,150 1,199
  New Jersey Economic Development Authority Revenue (West Campus Housing LLC) 4.500% 7/1/41 2,750 2,694
  New Jersey Economic Development Authority Revenue        
  (Provident Group-Montclair Properties LLC - Montclair State University Student Housing Project) 5.750% 6/1/31 4,000 4,331
  New Jersey Economic Development Authority Special Facility Revenue        
  (Continental Airlines Inc. Project) 5.125% 9/15/23 12,730 13,564
  New Jersey Economic Development Authority Special Facility Revenue        
  (Continental Airlines Inc. Project) 5.250% 9/15/29 9,750 10,549
  New Jersey Educational Facilities Authority Revenue (College of St. Elizabeth) 5.000% 7/1/46 4,000 3,917
  New Jersey Educational Facilities Authority Revenue (Stockton University) 5.000% 7/1/32 3,000 3,313
  New Jersey Educational Facilities Authority Revenue (Stockton University) 5.000% 7/1/33 3,000 3,294
  New Jersey Educational Facilities Authority Revenue (University Medical & Dentistry) 7.500% 6/1/19 (Prere.) 6,500 7,365
  New Jersey Equipment Lease Purchase COP 5.000% 6/15/18 (Prere.) 4,100 4,288
  New Jersey Health Care Facilities Financing Authority Lease Revenue        
  (Marlboro Psychiatric Hospital Project) 5.000% 9/15/29 5,000 5,144

 

284

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Jersey Health Care Facilities Financing Authority Revenue        
(Hackensack University Medical Center) 5.000% 7/1/26 5,000 5,956
New Jersey Health Care Facilities Financing Authority Revenue        
(Hackensack University Medical Center) 5.000% 7/1/27 6,715 8,045
New Jersey Health Care Facilities Financing Authority Revenue        
(Hackensack University Medical Center) 5.000% 7/1/32 2,355 2,721
New Jersey Health Care Facilities Financing Authority Revenue        
(Hackensack University Medical Center) 5.000% 7/1/33 3,315 3,811
New Jersey Health Care Facilities Financing Authority Revenue        
(Hackensack University Medical Center) 5.000% 7/1/35 2,925 3,322
New Jersey Health Care Facilities Financing Authority Revenue        
(Hackensack University Medical Center) 5.000% 7/1/38 7,720 8,697
New Jersey Health Care Facilities Financing Authority Revenue        
(Hackensack University Medical Center) 5.000% 7/1/39 3,000 3,374
New Jersey Health Care Facilities Financing Authority Revenue        
(Hackensack University Medical Center) 5.000% 7/1/57 2,000 2,199
New Jersey Health Care Facilities Financing Authority Revenue        
(Hackensack University Medical Center) 5.250% 7/1/57 2,250 2,529
New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) 4.000% 7/1/48 13,540 12,663
New Jersey Health Care Facilities Financing Authority Revenue (University Hospital) 4.125% 7/1/38 (4) 8,000 8,167
New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) 5.750% 7/1/33 6,700 7,286
New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) VRDO 0.850% 5/5/17 LOC 16,600 16,600
New Jersey Higher Education Assistance Authority Student Loan Revenue 5.000% 12/1/18 15,000 15,667
New Jersey Higher Education Assistance Authority Student Loan Revenue 5.000% 12/1/20 10,205 11,073
New Jersey Higher Education Assistance Authority Student Loan Revenue 5.000% 12/1/20 5,000 5,425
New Jersey Higher Education Assistance Authority Student Loan Revenue 5.000% 12/1/21 2,835 3,115
New Jersey Higher Education Assistance Authority Student Loan Revenue 5.000% 12/1/21 5,000 5,494
New Jersey Higher Education Assistance Authority Student Loan Revenue 5.000% 12/1/22 2,500 2,777
New Jersey Higher Education Assistance Authority Student Loan Revenue 3.250% 12/1/28 4,500 4,351
New Jersey Higher Education Assistance Authority Student Loan Revenue 5.750% 12/1/28 1,620 1,772
New Jersey Higher Education Assistance Authority Student Loan Revenue 3.250% 12/1/29 5,000 4,757
New Jersey Higher Education Assistance Authority Student Loan Revenue 3.500% 12/1/29 10,000 10,006
New Jersey Higher Education Assistance Authority Student Loan Revenue 3.250% 12/1/30 5,000 4,695
New Jersey Higher Education Assistance Authority Student Loan Revenue 3.625% 12/1/30 1,100 1,133
New Jersey Higher Education Assistance Authority Student Loan Revenue 3.500% 12/1/31 9,500 9,084
New Jersey Housing & Mortgage Finance Agency Single Family Housing Revenue VRDO 0.880% 5/5/17 1,500 1,500
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/27 7,575 8,175
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/28 7,500 8,035
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/30 3,775 3,987
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/30 18,550 18,959
New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 5.000% 6/15/31 11,500 11,739
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/19 1,950 2,055
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/22 1,500 1,611
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.250% 6/15/23 2,740 2,920
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/26 21,615 22,664
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.250% 6/15/33 5,000 5,177
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/36 5,000 5,034
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/38 18,000 18,074
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.500% 6/15/39 5,300 5,543
New Jersey Transportation Trust Fund Authority Transportation Program Revenue 5.000% 6/15/44 19,665 19,674
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 12/15/18 1,360 1,418
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 12/15/19 9,000 9,575
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/19 5,240 5,608
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/19 1,205 1,290
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 6/15/20 2,570 2,739
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/20 (4) 6,000 6,679
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 12/15/21 (14) 5,250 5,912
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 12/15/21 2,140 2,348
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 12/15/21 (12) 5,855 6,700
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/22 (2) 6,565 7,198
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 12/15/22 2,105 2,319
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 12/15/22 (4) 8,175 9,532
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.750% 6/15/23 (14) 10,000 11,633
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 12/15/23 2,500 2,727
New Jersey Transportation Trust Fund Authority Transportation System Revenue 0.000% 12/15/25 (2) 30,000 21,394
New Jersey Transportation Trust Fund Authority Transportation System Revenue 0.000% 12/15/27 15,000 9,091
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.625% 12/15/28 20,000 21,031
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 6/15/31 26,940 28,244
New Jersey Transportation Trust Fund Authority Transportation System Revenue 0.000% 12/15/31 4,275 2,023
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.000% 6/15/32 10,000 10,171
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 6/15/32 7,000 7,303

 

285

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.250% 6/15/36 22,000 22,506
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 12/15/38 (12) 8,000 8,421
New Jersey Transportation Trust Fund Authority Transportation System Revenue 5.500% 6/15/41 3,000 3,088
New Jersey Turnpike Authority Revenue 5.000% 1/1/30 8,295 9,356
New Jersey Turnpike Authority Revenue 5.000% 1/1/31 6,785 7,631
New Jersey Turnpike Authority Revenue 5.000% 1/1/31 10,000 11,668
New Jersey Turnpike Authority Revenue 5.000% 1/1/32 10,000 11,604
New Jersey Turnpike Authority Revenue 5.000% 1/1/33 10,000 11,541
New Jersey Turnpike Authority Revenue 5.000% 1/1/38 15,000 16,763
New Jersey Turnpike Authority Revenue 5.000% 1/1/43 5,000 5,496
Salem County NJ Pollution Control Financing Authority Revenue (Chambers Project) 5.000% 12/1/23 26,750 28,944
Tobacco Settlement Financing Corp. New Jersey Revenue 4.500% 6/1/23 3,970 3,995
Tobacco Settlement Financing Corp. New Jersey Revenue 4.625% 6/1/26 8,645 8,662
Tobacco Settlement Financing Corp. New Jersey Revenue 4.750% 6/1/34 11,180 10,882
        896,590
New Mexico (0.1%)        
New Mexico Finance Authority Revenue 4.000% 6/1/30 2,950 3,225
New Mexico Hospital Equipment Loan Council Hospital System Revenue        
(Gerald Champion Regional Medical Center) 5.500% 7/1/42 5,000 5,333
        8,558
New York (11.0%)        
3 Battery Park City Authority New York Revenue TOB VRDO 0.920% 5/1/17 LOC 13,750 13,750
Brooklyn NY Local Development Corp. PILOT Revenue (Barclays Center Project) 6.375% 1/15/20 (Prere.) 5,000 5,690
Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) 5.000% 7/15/28 3,750 4,343
Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) 5.000% 7/15/42 5,900 6,445
Hempstead NY Local Development Corp. Revenue (Molloy College) 5.000% 7/1/39 1,500 1,599
Hudson Yards Infrastructure Corp. New York Revenue 5.750% 2/15/47 25,400 28,864
3 Jefferson County NY Industrial Development Agency Solid Waste Disposal Revenue 4.750% 1/1/20 1,615 1,579
3 Jefferson County NY Industrial Development Agency Solid Waste Disposal Revenue 5.250% 1/1/24 3,780 3,582
Long Island NY Power Authority Electric System Revenue 5.500% 4/1/22 10,010 10,732
Long Island NY Power Authority Electric System Revenue 5.000% 9/1/29 1,000 1,159
Long Island NY Power Authority Electric System Revenue 5.000% 9/1/29 4,500 5,290
Long Island NY Power Authority Electric System Revenue 5.000% 9/1/30 1,500 1,748
Long Island NY Power Authority Electric System Revenue 5.000% 9/1/31 1,000 1,143
Long Island NY Power Authority Electric System Revenue 5.000% 9/1/31 5,000 5,792
Long Island NY Power Authority Electric System Revenue 5.000% 9/1/32 1,000 1,138
Long Island NY Power Authority Electric System Revenue 5.000% 9/1/33 1,600 1,816
Long Island NY Power Authority Electric System Revenue 5.000% 9/1/34 1,500 1,696
Long Island NY Power Authority Electric System Revenue 5.000% 9/1/36 1,000 1,124
Long Island NY Power Authority Electric System Revenue 5.000% 9/1/44 12,000 13,262
Nassau County NY Local Economic Assistance Corp. Revenue        
(Catholic Health Services of Long Island Obligated Group Project) 5.000% 7/1/30 1,500 1,653
New York City NY Build NYC Resource Corp. Revenue (New York Law School Project) 5.000% 7/1/28 4,035 4,542
New York City NY Build NYC Resource Corp. Revenue (New York Law School Project) 5.000% 7/1/31 4,425 4,886
New York City NY Build NYC Resource Corp. Revenue (New York Law School Project) 5.000% 7/1/41 5,905 6,338
New York City NY GO 5.000% 8/1/32 8,000 9,012
New York City NY GO 5.000% 8/1/36 15,000 16,955
New York City NY GO 5.000% 12/1/41 11,150 12,707
New York City NY GO VRDO 0.890% 5/1/17 7,600 7,600
New York City NY GO VRDO 0.900% 5/1/17 5,500 5,500
New York City NY Health & Hospital Corp. Revenue (Health System) 5.000% 2/15/30 6,000 6,441
New York City NY Housing Development Corp. Multi-Family Mortgage Revenue (8 Spruce Street) 3.500% 2/15/48 1,000 1,003
New York City NY Industrial Development Agency Airport Facilities Revenue        
(TRIPS Obligated Group) 5.000% 7/1/28 4,000 4,258
New York City NY Industrial Development Agency PILOT Revenue (Yankee Stadium Project) 0.000% 3/1/26 (12) 5,000 3,843
New York City NY Industrial Development Agency PILOT Revenue (Yankee Stadium Project) 7.000% 3/1/49 (12) 10,000 11,037
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/35 10,000 11,400
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/35 7,500 8,088
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.375% 6/15/43 10,000 11,269
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/44 5,000 5,574
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/45 8,000 8,825
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 4.000% 6/15/46 4,775 4,913
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/46 16,235 18,324
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue 5.000% 6/15/47 12,000 13,703
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.880% 5/1/17 12,200 12,200
New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO 0.880% 5/1/17 8,025 8,025
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/37 20,000 22,617
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/40 12,000 13,356
New York City NY Transitional Finance Authority Building Aid Revenue 5.000% 7/15/41 8,000 9,051
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 8/1/32 2,765 3,203
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 2/1/36 15,000 16,949

 

286

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/37 11,250 12,874
New York City NY Transitional Finance Authority Future Tax Revenue 5.000% 11/1/38 7,865 8,994
New York City NY Transitional Finance Authority Future Tax Revenue 4.000% 5/1/42 8,250 8,579
New York Convention Center Development Corp. Revenue 0.000% 11/15/40 3,500 1,259
New York Convention Center Development Corp. Revenue 5.000% 11/15/40 7,465 8,439
New York Convention Center Development Corp. Revenue 0.000% 11/15/43 2,500 770
3 New York Counties Tobacco Trust Revenue 6.250% 6/1/41 20,000 20,799
New York Counties Tobacco Trust Revenue 5.000% 6/1/45 3,750 3,971
New York Counties Tobacco Trust Revenue 5.000% 6/1/51 7,500 7,913
New York Liberty Development Corp. Revenue 5.000% 11/15/31 2,000 2,248
New York Liberty Development Corp. Revenue 5.125% 1/15/44 5,000 5,409
New York Liberty Development Corp. Revenue 5.000% 11/15/44 5,080 5,597
New York Liberty Development Corp. Revenue 6.375% 7/15/49 10,870 11,814
New York Liberty Development Corp. Revenue 5.750% 11/15/51 11,000 12,522
New York Liberty Development Corp. Revenue (Goldman Sachs Headquarters) 5.250% 10/1/35 4,910 5,942
New York Liberty Development Corp. Revenue (Goldman Sachs Headquarters) 5.500% 10/1/37 5,005 6,247
New York Metropolitan Transportation Authority Revenue 5.000% 5/15/18 (Prere.) 3,515 3,666
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/31 2,000 2,255
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/32 2,000 2,246
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/32 2,250 2,602
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/33 2,500 2,880
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/36 9,000 10,119
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/36 9,225 10,636
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/37 6,875 7,831
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/38 8,575 9,487
New York Metropolitan Transportation Authority Revenue 5.000% 11/15/40 3,000 3,356
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/40 13,000 14,479
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/56 7,000 7,902
New York Metropolitan Transportation Authority Revenue 5.250% 11/15/56 5,500 6,241
New York Metropolitan Transportation Authority Revenue (Dedicated Petroleum Tax) 6.000% 4/1/20 (ETM) 6,940 7,580
New York Metropolitan Transportation Authority Revenue (Dedicated Petroleum Tax) 5.000% 11/15/34 3,250 3,548
New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) 5.000% 11/15/47 7,000 8,040
New York Metropolitan Transportation Authority Revenue (Hudson Yards Development) 5.000% 11/15/46 37,000 39,551
New York Metropolitan Transportation Authority Revenue (Hudson Yards Development) 5.000% 11/15/51 10,000 10,769
New York Metropolitan Transportation Authority Revenue (Hudson Yards Development) 5.000% 11/15/56 14,800 16,043
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.000% 11/1/25 5,575 6,504
New York Metropolitan Transportation Authority Revenue (Transit Revenue) 5.250% 11/15/41 8,500 9,632
New York State Dormitory Authority Revenue (Fordham University) 5.000% 7/1/41 3,750 4,238
New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) 5.000% 7/1/34 18,370 20,563
New York State Dormitory Authority Revenue (New York University Hospitals Center) 5.625% 7/1/17 (Prere.) 8,750 8,824
New York State Dormitory Authority Revenue (New York University) 4.000% 7/1/39 6,000 6,214
New York State Dormitory Authority Revenue (New York University) 4.000% 7/1/43 6,500 6,717
New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) 5.000% 12/1/24 1,800 2,040
New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) 5.000% 12/1/29 2,400 2,677
New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) 5.000% 12/1/31 1,600 1,763
New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) 5.000% 12/1/32 4,000 4,385
New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) 5.000% 12/1/33 700 764
New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) 5.000% 12/1/34 1,000 1,087
New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) 5.000% 12/1/36 1,700 1,834
New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) 5.000% 12/1/37 400 431
New York State Dormitory Authority Revenue (Pace University) 5.000% 5/1/21 910 1,002
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/31 4,285 4,997
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 3/15/32 8,910 10,401
New York State Dormitory Authority Revenue (Personal Income Tax) 5.000% 2/15/39 3,000 3,396
New York State Dormitory Authority Revenue (St. John’s University) 5.000% 7/1/33 3,000 3,383
New York State Dormitory Authority Revenue (St. John’s University) 5.000% 7/1/34 1,000 1,122
New York State Dormitory Authority Revenue (The New School) 5.500% 7/1/20 (Prere.) 5,000 5,654
New York State Dormitory Authority Revenue (The New School) 5.000% 7/1/28 1,000 1,198
New York State Dormitory Authority Revenue (The New School) 5.000% 7/1/29 1,000 1,186
New York State Dormitory Authority Revenue (The New School) 5.000% 7/1/30 1,500 1,756
New York State Dormitory Authority Revenue (The New School) 5.000% 7/1/31 2,600 3,024
New York State Dormitory Authority Revenue (The New School) 5.000% 7/1/32 2,500 2,883
New York State Dormitory Authority Revenue (Yeshiva University) 4.250% 9/1/24 870 875
New York State Liberty Development Corp. Liberty Revenue (3 World Trade Center Project) 5.150% 11/15/34 5,000 5,373
New York State Liberty Development Corp. Liberty Revenue (3 World Trade Center Project) 5.375% 11/15/40 800 864
New York State Liberty Development Corp. Liberty Revenue (3 World Trade Center Project) 5.000% 11/15/44 50,000 53,062
New York State Thruway Authority Revenue 5.000% 1/1/37 15,000 16,624
New York State Thruway Authority Revenue 5.000% 1/1/41 8,500 9,548
New York State Thruway Authority Revenue 5.000% 1/1/51 6,800 7,477
New York State Thruway Authority Revenue 5.250% 1/1/56 5,000 5,661
New York State Urban Development Corp. Revenue (Personal Income Tax) 5.000% 3/15/30 6,250 7,295

 

287

 

High-Yield Tax-Exempt Fund

        Face Market
      Maturity Amount Value•
    Coupon Date ($000) ($000)
  New York State Urban Development Corp. Revenue (Service Contract) VRDO 0.920% 5/5/17 LOC 3,105 3,105
  New York Transportation Development Corp. Special Facility Revenue        
  (JFK International Airport Project) 5.000% 8/1/26 7,500 7,877
  New York Transportation Development Corp. Special Facility Revenue        
  (JFK International Airport Project) 5.000% 8/1/31 38,270 40,216
  New York Transportation Development Corp. Special Facility Revenue (La Guardia Airport) 4.000% 7/1/35 (4) 5,000 5,034
  New York Transportation Development Corp. Special Facility Revenue (La Guardia Airport) 4.000% 7/1/36 (4) 5,500 5,520
  New York Transportation Development Corp. Special Facility Revenue (La Guardia Airport) 5.000% 7/1/41 5,000 5,375
  New York Transportation Development Corp. Special Facility Revenue (La Guardia Airport) 5.250% 1/1/50 6,000 6,502
3 New York Transportation Development Corp. Special Facility Revenue (La Guardia Airport)        
  TOB VRDO 1.200% 5/5/17 (4) 10,000 10,000
  Niagara NY Frontier Transportation Authority Airport Revenue        
  (Buffalo Niagara International Airport) 5.000% 4/1/25 2,000 2,276
  Niagara NY Frontier Transportation Authority Airport Revenue        
  (Buffalo Niagara International Airport) 5.000% 4/1/26 3,750 4,227
1,3 Nuveen Dividend Advantage Municipal Fund 3 iMTP 1.650% 10/1/17 10,000 10,001
  Port Authority of New York & New Jersey Revenue 5.000% 9/15/25 3,835 4,259
  Port Authority of New York & New Jersey Revenue 5.000% 9/1/27 1,695 1,960
  Port Authority of New York & New Jersey Revenue 5.000% 10/15/28 5,625 6,568
  Port Authority of New York & New Jersey Revenue 5.000% 9/1/32 4,500 5,067
  Port Authority of New York & New Jersey Revenue 5.000% 10/15/32 9,900 10,786
  Port Authority of New York & New Jersey Revenue 5.000% 12/1/33 5,000 5,544
  Port Authority of New York & New Jersey Revenue 5.750% 3/15/35 25,000 25,899
  Port Authority of New York & New Jersey Revenue 5.000% 10/15/36 2,665 2,964
  Port Authority of New York & New Jersey Revenue 5.000% 10/15/37 4,665 5,179
  Port Authority of New York & New Jersey Revenue 5.000% 10/15/41 2,755 3,129
  Port Authority of New York & New Jersey Revenue 5.000% 10/15/44 10,000 11,026
  Port Authority of New York & New Jersey Revenue 5.000% 11/15/46 9,530 10,881
  Port Authority of New York & New Jersey Special Obligation Revenue        
  (John F. Kennedy International Air Terminal LLC) 5.500% 12/1/31 4,000 4,418
  Port Authority of New York & New Jersey Special Obligation Revenue        
  (John F. Kennedy International Air Terminal LLC) 6.000% 12/1/42 13,000 14,596
  Suffolk County NY Economic Development Corp. Revenue (Catholic Health Services) 5.000% 7/1/30 2,315 2,551
  Suffolk County NY Economic Development Corp. Revenue (Catholic Health Services) 5.000% 7/1/31 2,000 2,193
  Syracuse NY Industrial Development Agency Revenue (Carousel Center Project) 5.000% 1/1/30 2,750 3,102
  Syracuse NY Industrial Development Agency Revenue (Carousel Center Project) 5.000% 1/1/31 1,000 1,123
  Syracuse NY Industrial Development Agency Revenue (Carousel Center Project) 5.000% 1/1/32 2,370 2,647
  Syracuse NY Industrial Development Agency Revenue (Carousel Center Project) 5.000% 1/1/33 2,600 2,890
  Syracuse NY Industrial Development Agency Revenue (Carousel Center Project) 5.000% 1/1/34 2,000 2,212
  Syracuse NY Industrial Development Agency Revenue (Carousel Center Project) 5.000% 1/1/35 3,105 3,419
  Syracuse NY Industrial Development Agency Revenue (Carousel Center Project) 5.000% 1/1/36 1,750 1,922
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/26 2,500 2,900
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/27 2,030 2,360
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/36 7,050 7,753
  Tobacco Settlement Financing Corp. New York Revenue 5.000% 6/1/41 10,000 10,837
  Tompkins County NY Development Corp. Revenue (Tompkins Cortland Community College) 5.000% 7/1/27 3,485 3,568
  Tompkins County NY Development Corp. Revenue (Tompkins Cortland Community College) 5.000% 7/1/32 3,000 3,014
  Tompkins County NY Development Corp. Revenue (Tompkins Cortland Community College) 5.000% 7/1/38 4,000 3,943
  Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/28 4,000 4,623
  Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/29 2,000 2,297
  Triborough Bridge & Tunnel Authority New York Revenue 5.000% 11/15/46 10,000 11,438
  Troy NY Capital Resource Corp. Revenue (Rensselaer Polytechnic Institute Project) 5.000% 8/1/32 1,000 1,142
  Westchester County NY Health Care Corp. Revenue 6.125% 11/1/20 (Prere.) 2,665 3,107
  Westchester County NY Health Care Corp. Revenue 6.125% 11/1/37 335 369
  Westchester County NY Local Development Corp. Revenue (Pace University) 5.000% 5/1/34 2,050 2,192
  Westchester County NY Local Development Corp. Revenue (Pace University) 5.500% 5/1/42 9,000 9,772
  Westchester County NY Local Development Corp. Revenue (Westchester Medical Center) 5.000% 11/1/46 27,500 29,222
  Westchester NY Tobacco Asset Securitization Revenue 5.000% 6/1/41 4,000 4,307
          1,228,398
North Carolina (0.7%)        
  North Carolina Medical Care Commission Health Care Facilities Revenue (Maryfield Inc.) 5.000% 10/1/25 2,000 2,154
  North Carolina Medical Care Commission Health Care Facilities Revenue (Maryfield Inc.) 5.000% 10/1/30 2,000 2,066
  North Carolina Medical Care Commission Health Care Facilities Revenue (Maryfield Inc.) 5.000% 10/1/35 2,250 2,289
  North Carolina Medical Care Commission Health Care Facilities Revenue (Vidant Health) 5.000% 6/1/30 4,000 4,544
  North Carolina Medical Care Commission Health Care Facilities Revenue (Vidant Health) 5.000% 6/1/32 5,000 5,622
  North Carolina Medical Care Commission Health Care Facilities Revenue (Vidant Health) 5.000% 6/1/36 2,000 2,180
  North Carolina Medical Care Commission Health Care Facilities Revenue (Vidant Health) 5.000% 6/1/40 10,000 10,982
2 North Carolina Medical Care Commission Health System Revenue (Mission Health System Inc.) 5.000% 10/1/34 1,500 1,733
2 North Carolina Medical Care Commission Health System Revenue (Mission Health System Inc.) 5.000% 10/1/35 1,620 1,863
2 North Carolina Medical Care Commission Health System Revenue (Mission Health System Inc.) 5.000% 10/1/36 1,655 1,897
  North Carolina Medical Care Commission Hospital Revenue (North Carolina Baptist Hospital) 5.000% 6/1/34 5,050 5,417

 

288

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
North Carolina Medical Care Commission Retirement Facilities Mortgage Revenue (Aldersgate) 6.250% 7/1/35 4,500 4,938
North Carolina Medical Care Commission Retirement Facilities Mortgage Revenue        
(Givens Estates Project) 5.000% 7/1/27 2,750 2,825
North Carolina Medical Care Commission Retirement Facilities Mortgage Revenue        
(Salemtowne Project) 5.000% 10/1/20 2,380 2,531
North Carolina Medical Care Commission Retirement Facilities Mortgage Revenue        
(Salemtowne Project) 5.000% 10/1/26 5,000 5,423
North Carolina Medical Care Commission Retirement Facilities Mortgage Revenue        
(Salemtowne Project) 5.000% 10/1/30 3,000 3,046
North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) 5.000% 10/1/31 1,750 1,823
North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) 5.000% 10/1/37 1,800 1,849
North Carolina Turnpike Authority Revenue 5.000% 1/1/30 3,300 3,805
North Carolina Turnpike Authority Revenue (Monroe Expressway Toll) 5.000% 7/1/47 3,610 3,943
North Carolina Turnpike Authority Revenue (Monroe Expressway Toll) 5.000% 7/1/51 4,800 5,196
        76,126
Ohio (1.7%)        
Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) 5.250% 9/1/27 10,000 11,060
Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) VRDO 0.900% 5/1/17 LOC 13,400 13,400
American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) 4.000% 2/15/33 2,530 2,623
American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) 5.000% 2/15/41 3,065 3,388
American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) 5.000% 2/15/41 5,000 5,528
Bowling Green State University Ohio Student Housing Revenue        
(CFP I LLC - State University Project) 5.750% 6/1/31 5,000 5,298
Buckeye Tobacco Settlement Financing Authority Ohio Revenue 6.250% 6/1/37 5,000 4,995
Buckeye Tobacco Settlement Financing Authority Ohio Revenue 6.000% 6/1/42 12,960 12,660
Buckeye Tobacco Settlement Financing Authority Ohio Revenue 6.500% 6/1/47 10,545 10,574
Butler County OH Hospital Facilities Revenue (Kettering Health Network) 6.375% 4/1/36 3,750 4,215
Butler County OH Hospital Facilities Revenue (Kettering Health Network) 5.625% 4/1/41 5,000 5,461
Butler County OH Hospital Facilities Revenue (UC Health) 5.250% 11/1/29 3,380 3,731
Butler County OH Hospital Facilities Revenue (UC Health) 5.000% 11/15/45 8,810 9,679
Dayton-Montgomery County OH Port Authority Revenue (StoryPoint Troy Project) 7.125% 1/15/50 10,000 10,102
Hamilton County OH Healthcare Revenue (Life Enriching Communities) 5.000% 1/1/36 1,500 1,569
Hamilton County OH Healthcare Revenue (Life Enriching Communities) 5.000% 1/1/46 2,100 2,176
Hamilton County OH Healthcare Revenue (Life Enriching Communities) 5.000% 1/1/51 5,400 5,588
Hamilton County OH Hospital Facilities Revenue (TriHealth Obligated Group) 5.000% 8/15/42 15,000 16,670
Hamilton County OH Hospital Facilities Revenue (UC Health) 5.000% 2/1/44 440 475
JobsOhio Beverage System Statewide Liquor Profits Revenue 5.000% 1/1/38 7,280 8,046
Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) 5.250% 11/15/27 7,500 8,475
Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) 6.000% 11/15/41 3,000 3,456
Montgomery County OH Revenue (Miami Valley Hospital) VRDO 0.880% 5/1/17 LOC 2,600 2,600
Ohio Air Quality Development Authority Pollution Control Revenue        
(FirstEnergy Generation Corp. Project) 5.625% 6/1/18 350 339
Ohio Air Quality Development Authority Pollution Control Revenue        
(FirstEnergy Generation Corp. Project) PUT 3.100% 3/1/19 5,250 2,310
Ohio Hospital Revenue (University Hospitals Health System Inc.) 5.000% 1/15/41 3,590 3,929
Ohio Hospital Revenue (University Hospitals Health System Inc.) 5.000% 1/15/41 10,250 10,935
Ohio Private Activity Revenue (Portsmouth Gateway Group LLC) 5.000% 12/31/39 3,540 3,790
Ohio Private Activity Revenue (Portsmouth Gateway Group LLC) 5.000% 6/30/53 4,000 4,219
Penta Career Center Ohio COP 5.250% 4/1/26 3,505 3,915
Penta Career Center Ohio COP 5.250% 4/1/27 3,490 3,884
Wood County OH Hospital Facilities Revenue (Wood County Hospital) 5.000% 12/1/32 3,000 3,140
        188,230
Oklahoma (0.4%)        
Norman OK Regional Hospital Authority Revenue 5.000% 9/1/28 1,000 1,138
Norman OK Regional Hospital Authority Revenue 5.000% 9/1/30 1,900 2,131
Norman OK Regional Hospital Authority Revenue 5.000% 9/1/31 1,000 1,115
2 Norman OK Regional Hospital Authority Revenue 5.000% 9/1/37 7,390 7,983
Oklahoma Housing Finance Agency Single Family Mortgage Revenue        
(Homeownership Loan Program) 5.950% 9/1/37 40 40
Oklahoma Municipal Power Authority Power Supply System Revenue 6.000% 1/1/18 (Prere.) 4,500 4,655
Oklahoma Municipal Power Authority Power Supply System Revenue 5.000% 1/1/30 965 1,112
Oklahoma Municipal Power Authority Power Supply System Revenue 4.000% 1/1/35 580 597
Oklahoma Municipal Power Authority Power Supply System Revenue 4.000% 1/1/36 295 302
Oklahoma Municipal Power Authority Power Supply System Revenue 5.000% 1/1/38 3,500 3,880
Oklahoma Turnpike Authority Revenue 4.000% 1/1/34 4,000 4,194
Oklahoma Turnpike Authority Revenue 5.000% 1/1/42 9,500 10,802
Tulsa County OK Industrial Authority Senior Living Community Revenue (Montereau Inc.) 5.000% 11/15/28 540 590
Tulsa County OK Industrial Authority Senior Living Community Revenue (Montereau Inc.) 5.000% 11/15/29 400 434
Tulsa County OK Industrial Authority Senior Living Community Revenue (Montereau Inc.) 5.000% 11/15/31 1,870 2,005
Tulsa County OK Industrial Authority Senior Living Community Revenue (Montereau Inc.) 5.000% 11/15/32 700 746

 

289

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Tulsa County OK Industrial Authority Senior Living Community Revenue (Montereau Inc.) 5.250% 11/15/37 1,000 1,075
Tulsa County OK Industrial Authority Senior Living Community Revenue (Montereau Inc.) 5.250% 11/15/45 2,250 2,394
        45,193
Oregon (0.6%)        
Clackamas County GO School District No. 12 North Clackamas GO 5.000% 6/15/34 10,000 11,793
Clackamas County OR School District No. 12 North Clackamas GO 5.000% 6/15/30 2,110 2,554
Clackamas County OR School District No. 12 North Clackamas GO 5.000% 6/15/32 3,635 4,336
Oregon Facilities Authority Revenue (Samaritan Health Services Project) 5.000% 10/1/32 1,800 1,988
Oregon Health & Science University Revenue 5.750% 7/1/19 (Prere.) 6,750 7,426
Oregon Housing & Community Service Department Single Family Mortgage Revenue 4.000% 7/1/44 2,235 2,327
Port of Portland OR International Airport Revenue 5.000% 7/1/34 3,160 3,541
Port of Portland OR International Airport Revenue 5.000% 7/1/37 2,870 3,228
Port of Portland OR International Airport Revenue 5.000% 7/1/42 5,000 5,580
Port of Portland OR International Airport Revenue 5.000% 7/1/47 5,000 5,536
Salem OR Hospital Facilities Authority Revenue (Salem Health Project) 5.000% 5/15/46 8,000 8,800
Tri-County Metropolitan Transportation District of Oregon Payroll Tax Revenue 5.000% 9/1/41 5,000 5,774
Yamhill County OR Hospital Authority Revenue (Friendsview Manor) 5.000% 11/15/46 2,250 2,269
        65,152
Pennsylvania (6.4%)        
Allegheny County PA GO 5.000% 11/1/19 (Prere.) 3,265 3,575
Allegheny County PA Higher Education Building Authority University Revenue        
(Chatham University) 5.000% 9/1/30 500 536
Allegheny County PA Higher Education Building Authority University Revenue        
(Chatham University) 5.000% 9/1/35 2,165 2,285
Allegheny County PA Higher Education Building Authority University Revenue        
(Duquesne University) 5.000% 3/1/27 1,635 1,923
Allegheny County PA Sanitary Authority Sewer Revenue 4.000% 12/1/31 (4) 1,000 1,071
Allegheny County PA Sanitary Authority Sewer Revenue 4.000% 12/1/32 (4) 1,385 1,474
Allegheny County PA Sanitary Authority Sewer Revenue 4.000% 12/1/33 (4) 2,000 2,114
Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue 5.000% 5/1/30 2,650 2,825
Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue 5.000% 5/1/42 14,500 15,046
Beaver County PA Industrial Development Authority Pollution Control Revenue        
(FirstEnergy Generation Project) PUT 2.700% 4/2/18 12,000 5,280
2 Capital Region Water Pennsylvania Sewer System Revenue 5.000% 7/15/42 4,000 4,494
2 Capital Region Water Pennsylvania Sewer System Revenue 5.000% 7/15/47 12,290 13,749
Cumberland County PA Municipal Authority Revenue        
(Asbury Pennsylvania CCRC Obligated Group) 5.250% 1/1/41 4,000 4,048
Doylestown PA Hospital Authority Revenue 5.000% 7/1/41 3,500 3,703
East Hempfield Township PA Industrial Development Authority Revenue        
(Millersville University Student Housing Project) 5.000% 7/1/35 1,060 1,116
East Hempfield Township PA Industrial Development Authority Revenue        
(Millersville University Student Housing Project) 5.000% 7/1/39 1,625 1,693
East Hempfield Township PA Industrial Development Authority Revenue        
(Millersville University Student Housing Project) 5.000% 7/1/46 3,175 3,295
1 Geisinger Authority Health System Pennsylvania Revenue (Geisinger Health System) PUT 1.737% 6/1/24 18,500 18,309
Lancaster County PA Hospital Authority Health System Revenue        
(University of Pennsylvania Health System) 5.000% 8/15/46 7,000 7,768
Lancaster County PA Hospital Authority Revenue (Brethren Village Project) 5.125% 7/1/37 1,500 1,579
Lancaster County PA Hospital Authority Revenue (Brethren Village Project) 5.250% 7/1/41 1,500 1,586
Lancaster County PA Hospital Authority Revenue (University of Pennsylvania Health System) 5.000% 8/15/36 1,000 1,122
Lehigh County PA Authority Water & Sewer Revenue 5.000% 12/1/43 4,285 4,695
Lehigh County PA General Purpose Authority Revenue        
(Bible Fellowship Church Homes Inc. Project) 5.125% 7/1/32 2,710 2,773
Lehigh County PA General Purpose Authority Revenue        
(Bible Fellowship Church Homes Inc. Project) 5.250% 7/1/42 4,000 4,083
Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) 4.000% 7/1/33 2,940 3,001
Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) 4.000% 7/1/35 10,000 10,115
Monroeville PA Finance Authority Revenue (UPMC Health System) 5.000% 2/15/30 4,000 4,440
Montgomery County PA Higher Education & Health Authority Revenue (Arcadia University) 5.750% 4/1/40 3,530 3,833
Montgomery County PA Higher Education & Health Authority Revenue (Ursinus College) 5.000% 11/1/38 5,060 5,338
Montgomery County PA Higher Education & Health Authority Revenue (Ursinus College) 5.250% 11/1/42 3,640 3,908
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.250% 1/15/36 11,250 11,998
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.250% 1/15/45 10,000 10,577
Montgomery County PA Industrial Development Authority Health Services Revenue        
(Albert Einstein Healthcare Network) 5.250% 1/15/46 1,700 1,798
Montgomery County PA Industrial Development Authority Revenue        
(Philadelphia Presbyterian Homes Inc. Project) 7.000% 12/1/35 2,670 2,991
Montgomery County PA Industrial Development Authority Revenue        
(Philadelphia Presbyterian Homes Inc. Project) 7.000% 12/1/40 2,500 2,782

 

290

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Montgomery County PA Industrial Development Authority Revenue        
(Whitemarsh Continuing Care Retirement Community Inc.) 5.250% 1/1/40 5,000 4,941
Montgomery County PA Industrial Development Authority Revenue        
(Whitemarsh Continuing Care Retirement Community Inc.) 5.375% 1/1/50 10,000 9,938
Moon Industrial Development Authority Pennsylvania Revenue        
(Baptist Home Society Obligated Group) 6.000% 7/1/45 1,600 1,694
Moon Industrial Development Authority Pennsylvania Revenue        
(Baptist Home Society Obligated Group) 6.125% 7/1/50 15,000 15,877
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.500% 8/15/18 (Prere.) 6,500 6,878
Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) 5.500% 8/15/18 (Prere.) 5,000 5,291
Northeastern Pennsylvania Hospital & Educational Authority Revenue (Wilkes University Project) 5.000% 3/1/37 765 811
Pennsylvania Economic Development Financing Authority Exempt Facilities Revenue        
(National Gypsum Co.) 5.500% 11/1/44 5,000 5,314
Pennsylvania Economic Development Financing Authority Resource Recovery Revenue        
(Colver Project) 4.625% 12/1/18 (2) 11,140 11,218
Pennsylvania Economic Development Financing Authority Revenue (PA Bridges Financing Corp.) 5.000% 12/31/38 4,000 4,352
Pennsylvania Economic Development Financing Authority Revenue        
(Rapid Bridge Replacement Project) 5.000% 12/31/25 225 259
Pennsylvania Economic Development Financing Authority Revenue        
(Rapid Bridge Replacement Project) 5.000% 12/31/29 10,000 11,243
Pennsylvania GO 5.000% 8/1/32 8,235 9,183
Pennsylvania GO 5.000% 8/1/33 6,440 7,152
Pennsylvania Higher Educational Facilities Authority Revenue        
(Foundation for Indiana University of Pennsylvania Student Housing) 5.000% 7/1/41 2,275 2,444
3 Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System)        
TOB VRDO 0.960% 5/5/17 7,560 7,560
Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) 5.250% 9/1/50 15,120 16,680
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 (Prere.) 720 779
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 (Prere.) 3,270 3,539
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 (Prere.) 6,865 7,423
Pennsylvania Turnpike Commission Revenue 6.500% 12/1/20 (Prere.) 4,000 4,735
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/27 30,000 35,046
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/30 10,000 11,398
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/31 10,000 11,335
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/33 9,200 10,249
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/33 5,000 5,570
Pennsylvania Turnpike Commission Revenue 5.500% 12/1/33 4,000 4,656
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/37 6,245 6,814
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/39 12,000 13,156
Pennsylvania Turnpike Commission Revenue 0.000% 12/1/39 8,000 6,516
Pennsylvania Turnpike Commission Revenue 5.250% 12/1/39 13,000 14,505
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/40 11,225 12,395
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/40 6,400 7,033
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/40 16,415 17,847
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/41 17,000 18,470
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/41 5,000 5,514
Pennsylvania Turnpike Commission Revenue 5.250% 12/1/45 3,500 3,921
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/46 10,530 11,360
Philadelphia PA Authority for Industrial Development Revenue (Cultural & Commercial Corridors) 5.000% 12/1/27 5,000 5,742
Philadelphia PA Authority for Industrial Development Revenue (Thomas Jefferson University) 5.000% 9/1/42 6,600 7,256
Philadelphia PA Authority for Industrial Development Revenue (University of Sciences) 5.000% 11/1/47 12,000 12,982
Philadelphia PA Gas Works Revenue 5.000% 8/1/26 3,455 3,993
Philadelphia PA Gas Works Revenue 5.000% 8/1/27 2,000 2,296
Philadelphia PA Gas Works Revenue 5.000% 8/1/28 2,000 2,276
Philadelphia PA Gas Works Revenue 5.000% 10/1/30 4,200 4,780
Philadelphia PA Gas Works Revenue 5.000% 10/1/32 3,335 3,754
Philadelphia PA Gas Works Revenue 5.000% 8/1/33 1,000 1,107
Philadelphia PA Gas Works Revenue 5.000% 8/1/34 1,000 1,102
Philadelphia PA Gas Works Revenue 4.000% 10/1/35 1,845 1,884
Philadelphia PA Gas Works Revenue 4.000% 10/1/36 1,750 1,783
Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue        
(Temple University Health System Obligated Group) 5.625% 7/1/36 5,850 6,272
Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue        
(Temple University Health System Obligated Group) 5.625% 7/1/42 7,930 8,475
Philadelphia PA School District GO 6.000% 9/1/18 (Prere.) 10 11
Philadelphia PA School District GO 6.000% 9/1/18 (Prere.) 5 5
Philadelphia PA School District GO 6.000% 9/1/18 (Prere.) 5 5
Philadelphia PA School District GO 6.000% 9/1/18 (Prere.) 12,765 13,616
Philadelphia PA School District GO 6.000% 9/1/18 (Prere.) 15 16
Philadelphia PA School District GO 6.000% 9/1/18 (Prere.) 10 11
Philadelphia PA School District GO 6.000% 9/1/18 (Prere.) 190 203

 

291

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Philadelphia PA Water & Waste Water Revenue 5.000% 7/1/40 3,500 3,887
Philadelphia PA Water & Waste Water Revenue 5.000% 10/1/42 7,850 8,864
Philadelphia PA Water & Waste Water Revenue 5.000% 7/1/45 7,000 7,750
Philadelphia PA Water & Waste Water Revenue 5.000% 10/1/47 25,035 28,070
Philadelphia PA Water & Waste Water Revenue 5.000% 10/1/52 2,500 2,783
Philadelphia PA Water & Waste Water Revenue 5.250% 10/1/52 7,000 7,996
Pittsburgh & Allegheny County PA Sports & Exhibition Authority Lease Revenue VRDO 0.990% 5/5/17 (4) 5,750 5,750
Pittsburgh PA GO 5.000% 9/1/25 500 596
Pittsburgh PA GO 5.000% 9/1/27 500 601
Pittsburgh PA GO 5.000% 9/1/28 565 674
Pittsburgh PA GO 4.000% 9/1/32 500 526
Pittsburgh PA GO 4.000% 9/1/33 500 522
Pocono Mountains Industrial Park Authority Pennsylvania Hospital Revenue        
(St. Luke’s Hospital Obligated Group) 5.000% 8/15/40 8,125 8,709
Scranton-Lackawanna PA Health & Welfare Authority Revenue (Marywood University Project) 5.000% 6/1/36 4,000 3,971
Scranton-Lackawanna PA Health & Welfare Authority Revenue (Marywood University Project) 5.000% 6/1/46 7,875 7,628
Susquehanna PA Area Regional Airport Authority System Revenue 4.000% 1/1/33 10,000 9,628
3 Westmoreland County PA Industrial Development Authority Revenue 4.720% 7/1/35 35,000 35,805
        715,348
Puerto Rico (0.4%)        
Puerto Rico Aqueduct & Sewer Authority Revenue 5.125% 7/1/37 4,905 3,875
Puerto Rico Aqueduct & Sewer Authority Revenue 5.250% 7/1/42 14,200 11,218
Puerto Rico Sales Tax Financing Corp. Revenue 5.000% 8/1/40 19,575 12,751
Puerto Rico Sales Tax Financing Corp. Revenue 5.250% 8/1/40 19,080 12,428
Puerto Rico Sales Tax Financing Corp. Revenue 5.750% 8/1/57 9,485 6,175
        46,447
Rhode Island (0.7%)        
Rhode Island Commerce Corp. Airport Revenue 5.000% 7/1/41 1,000 1,104
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(Providence College) 5.000% 11/1/42 2,000 2,215
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(Providence College) 5.000% 11/1/47 8,350 9,213
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 5.000% 9/15/28 2,505 2,942
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 5.000% 9/15/29 5,170 5,983
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 5.000% 9/15/30 2,105 2,427
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 4.000% 9/15/31 1,000 1,056
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 4.000% 9/15/32 1,250 1,311
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 4.000% 9/15/33 1,350 1,408
Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue        
(University of Rhode Island) 4.000% 9/15/34 1,325 1,374
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.000% 9/1/31 4,500 4,873
Rhode Island Health & Educational Building Corp. Hospital Financing Revenue        
(Care New England Health System Obligated Group) 5.000% 9/1/36 8,500 9,027
Rhode Island Health & Educational Building Corp. Providence Public Schools Revenue        
(Providence Public Buildings Authority) 5.000% 5/15/27 (4) 10,040 11,625
2 Rhode Island Student Loan Authority Student Loan Revenue 3.800% 12/1/31 3,000 3,013
Tobacco Settlement Financing Corp. Rhode Island Revenue 5.000% 6/1/29 4,530 4,979
Tobacco Settlement Financing Corp. Rhode Island Revenue 5.000% 6/1/30 4,000 4,369
Tobacco Settlement Financing Corp. Rhode Island Revenue 2.250% 6/1/41 10,580 10,601
        77,520
South Carolina (0.9%)        
Lexington County SC Health Services District Inc. Hospital Revenue 5.000% 11/1/41 10,000 11,053
Piedmont SC Municipal Power Agency Revenue 5.750% 1/1/34 (4) 10,000 11,398
South Carolina Jobs Economic Development Authority Health Care Facilities Revenue        
(Lutheran Homes of South Carolina Inc.) 5.375% 5/1/21 1,235 1,235
South Carolina Jobs Economic Development Authority Hospital Revenue (AnMed Health Project) 5.000% 2/1/25 1,980 2,324
South Carolina Jobs Economic Development Authority Hospital Revenue (AnMed Health Project) 5.000% 2/1/26 2,285 2,695
South Carolina Jobs Economic Development Authority Hospital Revenue (Conway Hospitals Inc.) 5.250% 7/1/47 7,500 8,267
South Carolina Jobs Economic Development Authority Revenue (Care Alliance Health Services) 5.250% 8/15/46 15,000 16,640
South Carolina Ports Authority Revenue 5.250% 7/1/55 10,245 11,163
South Carolina Public Service Authority Revenue 5.500% 1/1/19 (Prere.) 1,190 1,279
South Carolina Public Service Authority Revenue 5.500% 1/1/19 (Prere.) 13,810 14,840
South Carolina Public Service Authority Revenue 5.000% 12/1/35 7,940 8,509

 

292

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
South Carolina Public Service Authority Revenue 5.000% 12/1/38 5,335 5,648
South Carolina Public Service Authority Revenue 5.000% 12/1/39 5,000 5,324
South Carolina Public Service Authority Revenue 5.000% 12/1/50 4,000 4,237
        104,612
South Dakota (0.2%)        
South Dakota Building Authority Revenue 5.000% 6/1/38 4,000 4,478
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/37 10,000 10,860
South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) 5.000% 11/1/44 5,000 5,392
        20,730
Tennessee (1.2%)        
Blount County TN Health & Educational Facilities Board Revenue (Asbury Inc.) 5.000% 1/1/31 1,700 1,765
Blount County TN Health & Educational Facilities Board Revenue (Asbury Inc.) 5.000% 1/1/37 375 381
Blount County TN Health & Educational Facilities Board Revenue (Asbury Inc.) 5.000% 1/1/47 2,125 2,131
Chattanooga TN Health Educational & Housing Facility Board Revenue (Catholic Health Initiatives) 5.250% 1/1/45 6,500 6,808
Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue 5.000% 10/1/39 7,600 7,989
Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue 5.000% 10/1/44 10,280 10,773
Clarksville TN Public Building Authority Revenue (Morristown) VRDO 0.980% 5/1/17 LOC 4,000 4,000
Clarksville TN Public Building Authority Revenue (Pooled Financing) VRDO 0.980% 5/1/17 LOC 4,770 4,770
Metropolitan Government of Nashville & Davidson County TN Health        
& Educational Facilities Board Revenue (Vanderbilt University) 5.000% 7/1/40 4,000 4,451
Metropolitan Government of Nashville & Davidson County TN Health        
& Educational Facilities Board Revenue (Vanderbilt University) 5.000% 7/1/46 5,000 5,522
Montgomery County TN Public Building Authority Pooled Financial Revenue        
(Tennessee County Loan Pool) VRDO 0.980% 5/1/17 LOC 19,300 19,300
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/19 7,280 7,895
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/21 2,320 2,606
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/22 1,010 1,135
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/22 6,285 7,232
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/23 2,190 2,474
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/23 1,665 1,926
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/24 5,790 6,596
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/24 8,060 9,403
Tennessee Energy Acquisition Corp. Gas Revenue 5.250% 9/1/26 3,535 4,188
Tennessee Energy Acquisition Corp. Gas Revenue 5.000% 2/1/27 16,325 19,069
Tennessee Housing Development Agency Homeownership Program Revenue 4.500% 1/1/38 940 991
Tennessee Housing Development Agency Residential Finance Program Revenue 4.000% 7/1/39 3,245 3,431
        134,836
Texas (8.8%)        
Austin TX Airport System Revenue 5.000% 11/15/26 1,000 1,155
Austin TX Airport System Revenue 5.000% 11/15/31 1,035 1,187
Austin TX Airport System Revenue 5.000% 11/15/33 1,155 1,314
Austin TX Airport System Revenue 5.000% 11/15/35 1,255 1,413
Austin TX Airport System Revenue 5.000% 11/15/37 1,410 1,578
Austin TX Airport System Revenue 5.000% 11/15/39 4,370 4,789
Austin TX Airport System Revenue 5.000% 11/15/41 2,000 2,226
Austin TX Airport System Revenue 5.000% 11/15/46 5,000 5,548
Brownsville TX Utility System Revenue 4.000% 9/1/30 10,000 10,442
Central Texas Regional Mobility Authority Revenue 6.250% 1/1/21 (Prere.) 1,500 1,761
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/32 4,090 2,218
Central Texas Regional Mobility Authority Revenue 0.000% 1/1/33 3,000 1,532
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/33 6,590 7,087
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/33 1,300 1,450
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/34 1,350 1,498
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/35 1,650 1,848
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/36 1,375 1,536
Central Texas Regional Mobility Authority Revenue 4.000% 1/1/41 6,000 5,909
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/43 750 805
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/45 1,000 1,101
Central Texas Regional Mobility Authority Revenue 5.000% 1/1/46 7,000 7,741
Dallas TX Area Rapid Transit Sales Tax Revenue 5.000% 12/1/41 8,000 9,042
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/26 10,000 11,105
Dallas-Fort Worth TX International Airport Revenue 5.250% 11/1/26 1,530 1,761
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/32 7,200 7,890
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/35 7,000 7,648
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/35 3,760 4,118
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/38 7,085 7,544
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/38 21,275 22,871
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/42 16,785 18,000
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/42 10,000 10,724
Dallas-Fort Worth TX International Airport Revenue 5.000% 11/1/43 11,000 11,671

 

293

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Grand Parkway Transportation Corp. Texas System Toll Revenue 0.000% 10/1/34 19,500 17,191
Grand Parkway Transportation Corp. Texas System Toll Revenue 5.250% 10/1/51 8,000 9,201
Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Memorial Hermann Healthcare System) 5.000% 12/1/31 8,000 8,892
Harris County TX Cultural Education Facilities Finance Corp. Revenue        
(Methodist Hospital System) VRDO 0.870% 5/1/17 6,600 6,600
Harris County TX Cultural Education Facilities Finance Corp. Revenue        
(YMCA of the Greater Houston Area) 5.000% 6/1/38 2,500 2,645
Harris County TX Sports Authority Revenue 5.000% 11/15/31 500 562
Harris County TX Sports Authority Revenue 5.000% 11/15/32 500 560
Harris County TX Sports Authority Revenue 5.000% 11/15/34 1,100 1,223
Hays County TX Special Assessment Revenue 7.000% 9/15/45 4,500 4,464
Houston TX Airport System Revenue 5.000% 7/15/30 11,605 12,435
Houston TX Airport System Revenue 5.000% 7/1/32 5,000 5,413
Houston TX Airport System Revenue 5.000% 7/15/35 5,000 5,259
Houston TX Airport System Revenue 5.500% 7/1/39 5,010 5,256
Houston TX Airport System Special Facilities Revenue        
(Continental Airlines Inc. Terminal Improvement Projects) 4.750% 7/1/24 17,500 18,820
Houston TX Airport System Special Facilities Revenue        
(Continental Airlines Inc. Terminal Improvement Projects) 5.000% 7/1/29 23,150 24,632
Houston TX Airport System Special Facilities Revenue        
(Continental Airlines Inc. Terminal Improvement Projects) 6.500% 7/15/30 4,000 4,393
Lower Colorado River Authority Texas Revenue 5.625% 5/15/19 (Prere.) 205 224
Lower Colorado River Authority Texas Revenue 5.625% 5/15/19 (Prere.) 15 16
Lower Colorado River Authority Texas Revenue 5.625% 5/15/19 (Prere.) 10 11
Lower Colorado River Authority Texas Revenue 5.625% 5/15/19 (Prere.) 5 5
Lower Colorado River Authority Texas Revenue 5.000% 5/15/30 5,000 5,432
Lower Colorado River Authority Texas Revenue 5.500% 5/15/36 10,000 10,773
Lower Colorado River Authority Texas Revenue 5.625% 5/15/39 4,765 5,119
Lower Colorado River Authority Texas Transmission Contract Revenue        
(LCRA Transmission Services Corp.) 5.000% 5/15/28 1,400 1,652
Lower Colorado River Authority Texas Transmission Contract Revenue        
(LCRA Transmission Services Corp.) 5.000% 5/15/29 1,035 1,212
Lower Colorado River Authority Texas Transmission Contract Revenue        
(LCRA Transmission Services Corp.) 5.000% 5/15/30 1,375 1,599
Lower Colorado River Authority Texas Transmission Contract Revenue        
(LCRA Transmission Services Corp.) 5.000% 5/15/45 9,500 10,548
Lubbock TX Independent School District GO 5.750% 2/15/19 (Prere.) 4,500 4,874
Mesquite TX Health Facilities Development Corp. Retirement Facility Revenue        
(Christian Care CentersInc. Project) 5.125% 2/15/42 2,750 2,811
Mission TX Economic Development Corp. Revenue (Natgasoline Project) 5.750% 10/1/31 10,000 10,481
New Hope TX Cultural Education Facilities FinanceCorp. First Mortgage Revenue        
(Morningside Ministries Project) 6.500% 1/1/43 4,370 4,854
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(Carillon Life Care Community Project) 5.000% 7/1/36 1,950 1,917
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(Carillon Life Care Community Project) 5.000% 7/1/46 2,250 2,163
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(Legacy at Willow Bend Retirement Community Project) 5.000% 11/1/36 4,605 4,789
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(Legacy at Willow Bend Retirement Community Project) 5.000% 11/1/46 3,000 3,038
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(Legacy at Willow Bend Retirement Community Project) 5.000% 11/1/51 4,750 4,822
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(MRC Crestview Project) 3.000% 11/15/21 800 780
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(MRC Crestview Project) 5.000% 11/15/31 850 871
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(MRC Crestview Project) 5.000% 11/15/36 550 562
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(MRC Crestview Project) 5.000% 11/15/46 3,200 3,241
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(MRC Crestview Project) 5.500% 11/15/46 1,500 1,392
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(MRC Crestview Project) 5.500% 11/15/52 1,150 1,046
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(Westminster Manor Project) 5.000% 11/1/31 1,000 1,070
New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue        
(Westminster Manor Project) 5.000% 11/1/40 1,000 1,037
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Tarleton State University Project) 5.000% 4/1/35 1,500 1,587

 

294

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Tarleton State University Project) 5.000% 4/1/39 2,250 2,353
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Tarleton State University Project) 5.000% 4/1/46 3,765 3,921
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Tarleton State University Project) 5.000% 4/1/47 4,000 4,183
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Texas A&M University Project) 5.000% 7/1/35 4,200 4,463
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Texas A&M University Project) 5.000% 7/1/47 16,500 17,300
New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue        
(Texas A&M University Project) 5.000% 4/1/48 2,500 2,632
North East TX Regional Mobility Authority Revenue 5.000% 1/1/41 5,860 6,299
North East TX Regional Mobility Authority Revenue 5.000% 1/1/41 990 1,059
North East TX Regional Mobility Authority Revenue 5.000% 1/1/46 4,150 4,430
North East TX Regional Mobility Authority Revenue 5.000% 1/1/46 7,700 8,259
North Texas Tollway Authority System Revenue 5.625% 1/1/18 (Prere.) 5,640 5,819
North Texas Tollway Authority System Revenue 5.625% 1/1/18 (Prere.) 1,505 1,553
North Texas Tollway Authority System Revenue 5.750% 1/1/18 (Prere.) 29,000 29,944
North Texas Tollway Authority System Revenue 6.000% 1/1/19 (Prere.) 7,350 7,954
North Texas Tollway Authority System Revenue 6.250% 1/1/19 (Prere.) 12,585 13,671
North Texas Tollway Authority System Revenue 6.250% 2/1/23 20,000 22,274
North Texas Tollway Authority System Revenue 6.000% 1/1/28 1,690 1,825
North Texas Tollway Authority System Revenue 5.000% 1/1/30 10,000 11,622
North Texas Tollway Authority System Revenue 5.000% 1/1/30 6,250 7,143
North Texas Tollway Authority System Revenue 5.000% 9/1/30 7,000 7,941
North Texas Tollway Authority System Revenue 5.000% 1/1/32 13,020 14,369
North Texas Tollway Authority System Revenue 5.625% 1/1/33 1,000 1,027
North Texas Tollway Authority System Revenue 6.250% 1/1/39 2,895 3,111
North Texas Tollway Authority System Revenue 6.000% 9/1/41 5,000 5,855
3 Port Arthur TX Independent School District GO TOB VRDO 0.930% 5/5/17 (12) 9,125 9,125
Red River TX Education Finance Corp. Revenue (Edwards University Project) 5.000% 6/1/46 2,250 2,408
Red River TX Education Finance Corp. Revenue (Houston Baptist University Project) 5.500% 10/1/46 4,250 4,666
SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue 5.500% 8/1/20 1,180 1,316
SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue 5.500% 8/1/24 7,675 9,066
SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue 5.500% 8/1/25 1,000 1,192
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Air Force Villages Project) 5.000% 5/15/37 6,000 6,013
Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue        
(Air Force Villages Project) 5.000% 5/15/45 10,000 9,845
Tarrant County TX Cultural Education Facilities Finance Corp. Retirement Facilities Revenue        
(SQLC Senior Living Center Mirador Project) 7.250% 11/15/16 3,825 3,442
Tarrant County TX Cultural Education Facilities Finance Corp. Retirement Facilities Revenue        
(Stayton at Museum Way Project) 8.250% 11/15/44 4,000 4,243
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/19 10,000 10,858
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/20 15,400 17,041
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/21 1,120 1,278
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/23 1,120 1,264
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/24 1,645 1,844
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/24 7,500 8,721
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/25 16,500 18,315
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/26 3,050 3,365
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.250% 12/15/26 6,995 8,232
Texas Municipal Gas Acquisition & Supply Corp. Revenue 6.250% 12/15/26 14,935 18,023
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/27 3,650 4,010
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/28 2,970 3,247
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/29 4,355 4,737
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/30 425 460
Texas Municipal Gas Acquisition & Supply Corp. Revenue 5.000% 12/15/32 6,480 6,959
Texas Municipal Power Agency Revenue 0.000% 9/1/17 (ETM) 44,225 44,072
Texas Municipal Power Agency Revenue 0.000% 9/1/17 (ETM) 50 50
Texas Private Activity Surface Transportation Corp. Revenue 7.500% 12/31/31 3,705 4,224
Texas Private Activity Surface Transportation Corp. Revenue 7.500% 6/30/32 20,000 23,133
Texas Private Activity Surface Transportation Corp. Revenue 7.500% 6/30/33 10,000 11,531
Texas Private Activity Surface Transportation Corp. Revenue 7.000% 12/31/38 12,500 14,243
Texas Private Activity Surface Transportation Corp. Revenue 6.875% 12/31/39 23,525 26,488
Texas Private Activity Surface Transportation Corp. Revenue 7.000% 6/30/40 2,640 2,992
Texas Private Activity Surface Transportation Corp. Revenue 6.750% 6/30/43 24,790 28,581
Texas Private Activity Surface Transportation Corp. Revenue (Blueridge Transportation Group) 5.000% 12/31/40 4,450 4,807
Texas Private Activity Surface Transportation Corp. Revenue (Blueridge Transportation Group) 5.000% 12/31/45 5,000 5,341
Texas Private Activity Surface Transportation Corp. Revenue (Blueridge Transportation Group) 5.000% 12/31/50 6,000 6,385

 

295

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Texas Transportation Commission Turnpike System Revenue 5.000% 8/15/33 2,780 3,082
Texas Transportation Commission Turnpike System Revenue 5.000% 8/15/34 31,900 35,216
Texas Transportation Commission Turnpike System Revenue 5.000% 8/15/37 17,925 19,618
Westlake TX Special Assessment Revenue 6.250% 9/1/40 2,500 2,421
Westlake TX Special Assessment Revenue 6.375% 9/1/45 2,500 2,424
        975,269
Utah (0.8%)        
Salt Lake City UT Airport Revenue 5.000% 7/1/42 16,000 18,083
Salt Lake City UT Airport Revenue 5.000% 7/1/47 28,000 31,466
Utah Associated Municipal Power Systems Revenue (Horse Butte Wind Project) 5.000% 9/1/29 4,475 5,025
Utah Associated Municipal Power Systems Revenue (Horse Butte Wind Project) 5.000% 9/1/30 3,700 4,145
Utah Associated Municipal Power Systems Revenue (Horse Butte Wind Project) 5.000% 9/1/31 4,685 5,230
Utah Associated Municipal Power Systems Revenue (Horse Butte Wind Project) 5.000% 9/1/32 3,500 3,892
Utah Transit Authority Sales Tax Revenue 4.000% 12/15/29 1,265 1,360
Utah Transit Authority Sales Tax Revenue 4.000% 12/15/30 4,500 4,813
Utah Transit Authority Sales Tax Revenue 4.000% 12/15/31 4,000 4,255
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/42 11,840 12,876
        91,145
Vermont (0.3%)        
Vermont Educational & Health Buildings Financing Agency Revenue (Champlain College Project) 5.000% 10/15/41 6,800 7,145
Vermont Educational & Health Buildings Financing Agency Revenue (Champlain College Project) 5.000% 10/15/46 5,800 6,072
Vermont Educational & Health Buildings Financing Agency Revenue        
(University of Vermont Health Network) 5.000% 12/1/37 1,500 1,655
Vermont Educational & Health Buildings Financing Agency Revenue        
(University of Vermont Health Network) 5.000% 12/1/38 1,750 1,929
Vermont Educational & Health Buildings Financing Agency Revenue        
(University of Vermont Health Network) 5.000% 12/1/39 1,130 1,243
Vermont Housing Finance Agency Revenue 4.125% 11/1/42 1,540 1,592
1 Vermont Student Assistance Corp. Education Loan Revenue 4.150% 12/3/35 10,000 10,489
        30,125
Virgin Islands (0.1%)        
Virgin Islands Port Authority Marine Revenue 5.000% 9/1/29 3,500 3,722
Virgin Islands Port Authority Marine Revenue 5.000% 9/1/33 2,250 2,363
Virgin Islands Public Finance Authority Revenue 5.000% 9/1/30 5,000 5,466
Virgin Islands Public Finance Authority Revenue 5.000% 9/1/33 3,000 3,229
        14,780
Virginia (1.4%)        
3 Alexandria VA Redevelopment & Housing Authority Multi-Family Housing Mortgage Revenue        
(Portals West Apartment) 8.250% 4/1/32 (ETM) 415 539
Ballston Quarter VA Community Development Authority Revenue 5.500% 3/1/46 2,500 2,426
Chesapeake Bay VA Bridge & Tunnel District Revenue 5.000% 7/1/51 13,500 14,832
Chesapeake VA Toll Road Revenue 0.000% 7/15/40 7,800 6,105
Chesterfield County VA Economic Development Authority Retirement Facilities Revenue        
(Brandermill Woods Project) 5.125% 1/1/43 4,750 4,789
Fredericksburg VA Economic Development Authority Hospital Facilities Revenue        
(Mary Washington Healthcare Obligated Group) 5.000% 6/15/29 1,425 1,584
Fredericksburg VA Economic Development Authority Hospital Facilities Revenue        
(Mary Washington Healthcare Obligated Group) 5.000% 6/15/30 2,000 2,205
Fredericksburg VA Economic Development Authority Hospital Facilities Revenue        
(Mary Washington Healthcare Obligated Group) 5.000% 6/15/31 1,155 1,264
Fredericksburg VA Economic Development Authority Hospital Facilities Revenue        
(Mary Washington Healthcare Obligated Group) 5.000% 6/15/33 1,000 1,081
Hanover County VA Economic Development Authority Residential Care Facility Revenue        
(Covenant Woods) 5.000% 7/1/42 5,550 5,570
Lexington VA Industrial Development Authority Residential Care Facility Revenue        
(Kendall at Lexington Corp.) 4.000% 1/1/31 750 759
Newport News VA Economical Development Authority Residential Care Facilities Revenue 5.000% 12/1/31 5,000 5,261
Newport News VA Economical Development Authority Residential Care Facilities Revenue 5.000% 12/1/38 10,000 10,323
3 Newport News VA Industrial Development Authority Health System Revenue 5.330% 7/1/45 17,000 17,560
Prince William County VA Industrial Development Agency Revenue        
(Westminster Presbyterian Retirement Community Inc.) 5.000% 1/1/31 1,700 1,755
Prince William County VA Industrial Development Agency Revenue        
(Westminster Presbyterian Retirement Community Inc.) 5.000% 1/1/37 1,000 1,012
Prince William County VA Industrial Development Agency Revenue        
(Westminster Presbyterian Retirement Community Inc.) 5.000% 1/1/46 4,000 4,015
Tobacco Settlement Financing Corp. Virginia Revenue 5.200% 6/1/46 3,000 2,907
University of Virginia Revenue 4.000% 4/1/40 5,000 5,298
Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) 5.250% 7/1/30 1,000 1,079
Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) 5.000% 7/1/35 1,295 1,351
Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) 5.250% 7/1/35 2,000 2,121

 

296

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) 5.000% 7/1/45 1,755 1,805
Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) 5.000% 7/1/45 8,000 8,226
Virginia Small Business Financing Authority Revenue (Elizabeth River Crossings Project) 5.250% 1/1/32 12,670 13,683
Virginia Small Business Financing Authority Revenue (Elizabeth River Crossings Project) 6.000% 1/1/37 12,310 13,820
Virginia Small Business Financing Authority Revenue (Elizabeth River Crossings Project) 5.500% 1/1/42 13,350 14,571
Virginia Small Business Financing Authority Revenue (Express Lanes LLC) 5.000% 7/1/34 11,500 12,113
        158,054
Washington (1.3%)        
Chelan County WA Public Utility District No. 1 Consolidated System Revenue (Chelan Hydro) 5.500% 7/1/25 2,500 2,839
Chelan County WA Public Utility District No. 1 Consolidated System Revenue (Chelan Hydro) 5.500% 7/1/26 4,000 4,524
Port of Seattle WA Revenue 5.000% 9/1/25 3,000 3,386
Port of Seattle WA Revenue 5.000% 6/1/30 9,000 9,855
Port of Seattle WA Revenue 5.000% 4/1/33 2,500 2,788
Port of Seattle WA Revenue 5.000% 4/1/35 6,150 6,804
Port of Seattle WA Revenue 5.000% 4/1/40 5,000 5,483
Port of Tacoma WA Revenue 5.000% 12/1/37 8,835 9,907
Port of Tacoma WA Revenue 5.000% 12/1/38 9,275 10,384
Snohomish County WA School District No. 4 (Lake Stevens) GO 4.000% 12/1/29 1,785 1,958
Tobacco Settlement Authority Washington Revenue 5.250% 6/1/30 9,060 9,737
Tobacco Settlement Authority Washington Revenue 5.250% 6/1/31 5,000 5,393
Washington Health Care Facilities Authority Revenue        
(Central Washington Health Services Association) 5.000% 7/1/39 4,500 4,750
Washington Health Care Facilities Authority Revenue (MultiCare Health System) 5.500% 8/15/18 (Prere.) 10,000 10,563
Washington Health Care Facilities Authority Revenue (MultiCare Health System) VRDO 0.880% 5/1/17 LOC 9,000 9,000
Washington Health Care Facilities Authority Revenue (Providence Health & Services) VRDO 0.900% 5/5/17 3,900 3,900
Washington Health Care Facilities Authority Revenue (Seattle Cancer Care Alliance) 5.000% 3/1/38 10,000 11,013
Washington Higher Education Facilities Authority Revenue (Seattle University Project) 5.250% 5/1/34 5,000 5,338
Washington Higher Education Facilities Authority Revenue (Whitworth University Project) 5.000% 10/1/40 4,040 4,421
Washington Housing Finance Commission Multi-Family Housing Revenue        
(Heron’s Key Obligated Group) 6.750% 7/1/35 820 812
Washington Housing Finance Commission Multi-Family Housing Revenue        
(Heron’s Key Obligated Group) 7.000% 7/1/45 2,000 1,962
Washington Housing Finance Commission Multi-Family Housing Revenue        
(Heron’s Key Obligated Group) 7.000% 7/1/50 2,000 1,963
Washington Housing Finance Commission Multi-Family Housing Revenue        
(Presbyterian Retirement Communities Northwest Obligated Group) 5.000% 1/1/36 2,125 2,151
Washington Housing Finance Commission Multi-Family Housing Revenue        
(Presbyterian Retirement Communities Northwest Obligated Group) 5.000% 1/1/46 3,250 3,255
Washington Housing Finance Commission Multi-Family Housing Revenue        
(Presbyterian Retirement Communities Northwest Obligated Group) 5.000% 1/1/51 7,300 7,171
Washington Housing Finance Commission Revenue (Wesley Homes Lea Hill Project) 5.000% 7/1/31 1,910 1,941
Washington Housing Finance Commission Revenue (Wesley Homes Lea Hill Project) 5.000% 7/1/36 1,000 1,004
Washington Housing Finance Commission Revenue (Wesley Homes Lea Hill Project) 5.000% 7/1/41 1,100 1,076
Washington Housing Finance Commission Revenue (Wesley Homes Lea Hill Project) 5.000% 7/1/46 2,500 2,425
Washington Housing Finance Commission Revenue (Wesley Homes Lea Hill Project) 5.000% 7/1/51 3,800 3,632
        149,435
West Virginia (0.4%)        
West Virginia Economic Development Authority Energy Revenue        
(Morgantown Energy Associates Project) 2.875% 12/15/26 5,795 5,543
West Virginia Economic Development Authority Solid Waste Facilities Disposal Revenue        
(Appalachian Power Co. - Amos Project) 5.375% 12/1/38 2,500 2,735
West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical Center Inc.) 5.625% 9/1/32 6,000 6,383
West Virginia Hospital Finance Authority Hospital Revenue        
(United Health System Obligated Group) 5.500% 6/1/19 (Prere.) 400 436
West Virginia Hospital Finance Authority Hospital Revenue        
(United Health System Obligated Group) 5.375% 6/1/38 5,000 5,586
West Virginia Hospital Finance Authority Hospital Revenue        
(United Health System Obligated Group) 5.500% 6/1/44 5,000 5,591
West Virginia Hospital Finance Authority Hospital Revenue        
(Valley Health System Obligated Group) 5.000% 1/1/44 2,000 2,157
West Virginia Hospital Finance Authority Hospital Revenue        
(Valley Health System Obligated Group) 5.000% 1/1/44 2,250 2,431
West Virginia Hospital Finance Authority Hospital Revenue        
(West Virginia University Health System Obligated Group) 5.000% 6/1/42 3,500 3,858
West Virginia Hospital Finance Authority Hospital Revenue        
(West Virginia University Health System Obligated Group) 5.000% 6/1/47 6,985 7,669
        42,389
Wisconsin (2.6%)        
Platteville WI Redevelopment Authority Revenue (Platteville Real Estate) 5.000% 7/1/42 3,000 3,098
University of Wisconsin Hospitals & Clinics Authority Revenue 5.000% 4/1/26 2,410 2,770

 

297

 

High-Yield Tax-Exempt Fund

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Wisconsin General Fund Annual Appropriation Revenue 6.000% 5/1/19 (Prere.) 1,610 1,768
Wisconsin General Fund Annual Appropriation Revenue 6.000% 5/1/27 15,390 16,870
Wisconsin GO 6.250% 5/1/19 (Prere.) 20,200 22,281
Wisconsin GO 5.000% 5/1/31 8,000 9,380
Wisconsin GO 5.000% 5/1/31 4,670 5,436
Wisconsin Health & Educational Facilities Authority Revenue (Agnesian HealthCare Inc.) 5.500% 7/1/40 5,675 6,164
Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) 5.625% 4/15/39 10,810 11,650
Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) 5.000% 7/1/33 1,105 1,188
Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) 5.000% 7/1/36 625 663
Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) 5.000% 7/1/39 1,550 1,635
Wisconsin Health & Educational Facilities Authority Revenue        
(Children’s Hospital of Wisconsin Inc.) 5.375% 8/15/37 5,000 5,368
Wisconsin Health & Educational Facilities Authority Revenue (Gundersen Lutheran) 5.250% 10/15/39 6,765 7,370
Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) 5.000% 10/1/46 20,425 22,762
Wisconsin Health & Educational Facilities Authority Revenue (Ministry Health Care Inc.) 5.000% 8/15/22 (Prere.) 5,500 6,462
Wisconsin Health & Educational Facilities Authority Revenue (ProHealth Care Obligated Group) 5.000% 8/15/39 20,000 21,930
Wisconsin Health & Educational Facilities Authority Revenue (ThedaCare Inc. Obligated Group) 5.000% 12/15/34 9,300 10,325
Wisconsin Health & Educational Facilities Authority Revenue (ThedaCare Inc. Obligated Group) 5.000% 12/15/44 3,155 3,432
Wisconsin Public Finance Authority Airport Facilities Revenue (AFCO Investors II Portfolio) 5.000% 10/1/23 7,500 7,425
Wisconsin Public Finance Authority Airport Facilities Revenue (TRIPS Obligated Group) 5.000% 7/1/22 9,835 10,532
3 Wisconsin Public Finance Authority Airport Facilities Revenue (TRIPS Obligated Group) 5.250% 7/1/28 3,050 3,296
Wisconsin Public Finance Authority Airport Facilities Revenue (TRIPS Obligated Group) 5.250% 7/1/28 12,000 12,886
3 Wisconsin Public Finance Authority Airport Facilities Revenue (TRIPS Obligated Group) 5.000% 7/1/42 4,500 4,618
Wisconsin Public Finance Authority Airport Facilities Revenue (TRIPS Obligated Group) 5.000% 7/1/42 6,825 7,004
Wisconsin Public Finance Authority CCRC Revenue (Glenridge on Palmer Ranch Inc. Project) 8.250% 6/1/46 14,500 17,188
Wisconsin Public Finance Authority Exempt Facilities Revenue (National Gypsum Co.) 5.250% 4/1/30 10,000 10,588
Wisconsin Public Finance Authority Exempt Facilities Revenue (National Gypsum Co.) 4.000% 8/1/35 7,000 6,641
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/31 3,000 3,398
Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) 5.000% 6/1/32 4,745 5,350
Wisconsin Public Finance Authority Revenue (Bancroft Neurohealth Obligated Group) 5.000% 6/1/22 1,425 1,502
Wisconsin Public Finance Authority Revenue (Bancroft Neurohealth Obligated Group) 5.000% 6/1/23 1,000 1,052
Wisconsin Public Finance Authority Revenue (Bancroft Neurohealth Obligated Group) 5.000% 6/1/36 1,500 1,466
Wisconsin Public Finance Authority Revenue (Bancroft Neurohealth Obligated Group) 5.125% 6/1/48 5,000 4,860
Wisconsin Public Finance Authority Revenue (Celanese Corp.) 5.000% 12/1/25 5,000 5,523
Wisconsin Public Finance Authority Revenue (Celanese Corp.) 4.300% 11/1/30 7,210 7,252
Wisconsin Public Finance Authority Revenue (Church Home of Hartford Inc.) 5.000% 9/1/38 4,050 4,097
Wisconsin Public Finance Authority Senior Living Revenue (Mary’s Woods at Marylhurst Inc.) 3.000% 11/15/22 2,200 2,206
Wisconsin Public Finance Authority Senior Living Revenue (Mary’s Woods at Marylhurst Inc.) 3.500% 11/15/23 1,600 1,605
Wisconsin Public Finance Authority Senior Living Revenue (Mary’s Woods at Marylhurst Inc.) 3.950% 11/15/24 1,250 1,255
Wisconsin Public Finance Authority Senior Living Revenue (Mary’s Woods at Marylhurst Inc.) 5.250% 5/15/37 1,000 1,054
Wisconsin Public Finance Authority Senior Living Revenue (Mary’s Woods at Marylhurst Inc.) 5.250% 5/15/42 1,230 1,291
Wisconsin Public Finance Authority Senior Living Revenue (Mary’s Woods at Marylhurst Inc.) 5.250% 5/15/47 1,225 1,277
Wisconsin Public Finance Authority Senior Living Revenue (Mary’s Woods at Marylhurst Inc.) 5.250% 5/15/52 2,300 2,385
Wisconsin Public Finance Authority Student Housing Revenue        
(Western Carolina University Project) 5.250% 7/1/47 3,250 3,440
        289,743
Wyoming (0.2%)        
Sublette County WY Pollution Control Revenue (ExxonMobil Project) VRDO 0.860% 5/1/17 16,435 16,435
Total Tax-Exempt Municipal Bonds (Cost $10,640,381)       10,918,981
 
      Shares  
Temporary Cash Investment (1.2%)        
Money Market Fund (1.2%)        
5 Vanguard Municipal Cash Management Fund (Cost $135,913) 0.895%   1,359,132 135,913
Total Investments (99.3%) (Cost $10,776,294)       11,054,894

 

298

 

High-Yield Tax-Exempt Fund  
 
 
 
 
  Amount
  ($000)
Other Assets and Liabilities (0.7%)  
Other Assets  
Investment in Vanguard 739
Receivables for Investment Securities Sold 31,742
Receivables for Accrued Income 152,456
Receivables for Capital Shares Issued 9,092
Other Assets 2,037
Total Other Assets 196,066
Liabilities  
Payables for Investment Securities Purchased (88,296)
Payables for Capital Shares Redeemed (6,411)
Payables for Distributions (10,338)
Payables to Vanguard (8,462)
Other Liabilities (1,009)
Total Liabilities (114,516)
Net Assets (100%) 11,136,444
 
 
At April 30, 2017, net assets consisted of:  
  Amount
  ($000)
Paid-in Capital 10,907,086
Undistributed Net Investment Income 207
Accumulated Net Realized Losses (49,988)
Unrealized Appreciation (Depreciation)  
Investment Securities 278,600
Futures Contracts 539
Net Assets 11,136,444
 
 
Investor Shares—Net Assets  
Applicable to 162,965,732 outstanding $.001 par value shares of beneficial interest (unlimited authorization) 1,817,290
Net Asset Value Per Share—Investor Shares $11.15
 
 
Admiral Shares—Net Assets  
Applicable to 835,695,376 outstanding $.001 par value shares of beneficial interest (unlimited authorization) 9,319,154
Net Asset Value Per Share—Admiral Shares $11.15

 

• See Note A in Notes to Financial Statements.
* 5.000% coupon rate will be effective March 2019.
1 Adjustable-rate security.
2 Security purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of April 30, 2017.
3 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At April 30, 2017,
the aggregate value of these securities was $231,634,000, representing 2.1% of net assets.
4 Securities with a value of $1,784,000 have been segregated as initial margin for open futures contracts.
5 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
A key to abbreviations and other references follows the Statement of Net Assets.
See accompanying Notes, which are an integral part of the Financial Statements.

299

 

High-Yield Tax-Exempt Fund

Key to Abbreviations

ARS—Auction Rate Security.
BAN—Bond Anticipation Note.
COP—Certificate of Participation.
CP—Commercial Paper.
FR—Floating Rate.
GAN—Grant Anticipation Note.
GO—General Obligation Bond.
PILOT—Payments in Lieu of Taxes.
PUT—Put Option Obligation.
RAN—Revenue Anticipation Note.
TAN—Tax Anticipation Note.
TOB—Tender Option Bond.
TRAN—Tax Revenue Anticipation Note.
VRDO—Variable Rate Demand Obligation.
VRDP—Variable Rate Demand Preferred.
(ETM)—Escrowed to Maturity.
(Prere.)—Prerefunded.

Scheduled principal and interest payments are guaranteed by:
(1) MBIA (Municipal Bond Investors Assurance).
(2) AMBAC (Ambac Assurance Corporation).
(3) FGIC (Financial Guaranty Insurance Company).
(4) AGM (Assured Guaranty Municipal Corporation).
(5) BIGI (Bond Investors Guaranty Insurance).
(6) Connie Lee Inc.
(7) FHA (Federal Housing Authority).
(8) CapMAC (Capital Markets Assurance Corporation).
(9) American Capital Access Financial Guaranty Corporation.
(10) XL Capital Assurance Inc.
(11) CIFG (CDC IXIS Financial Guaranty).
(12) AGC (Assured Guaranty Corporation).
(13) BHAC (Berkshire Hathaway Assurance Corporation).
(14) NPFG (National Public Finance Guarantee Corporation).
(15) BAM (Build America Mutual Assurance Company).
(16) MAC (Municipal Assurance Corporation).
(17) RAA (Radian Asset Assurance Inc.).
(18) SBLF (Michigan School Bond Loan Fund).
The insurance does not guarantee the market value of the municipal bonds.

LOC—Scheduled principal and interest payments are guaranteed by bank letter of credit.

300

 

High-Yield Tax-Exempt Fund

Statement of Operations

Statement of Changes in Net Assets

Six Months Ended
April 30, 2017
  ($000)
Investment Income  
Income  
Interest1 218,391
Total Income 218,391
Expenses  
The Vanguard Group—Note B  
Investment Advisory Services 695
Management and Administrative—  
Investor Shares 1,281
Management and Administrative—  
Admiral Shares 2,895
Marketing and Distribution—  
Investor Shares 224
Marketing and Distribution—  
Admiral Shares 433
Custodian Fees 58
Shareholders’ Reports—Investor Shares 75
Shareholders’ Reports—Admiral Shares 71
Trustees’ Fees and Expenses 3
Total Expenses 5,735
Net Investment Income 212,656
Realized Net Gain (Loss)  
Investment Securities Sold1 3,957
Futures Contracts (2,459)
Realized Net Gain (Loss) 1,498
Change in Unrealized Appreciation  
(Depreciation)  
Investment Securities (324,209)
Futures Contracts 452
Change in Unrealized Appreciation  
(Depreciation) (323,757)
Net Increase (Decrease) in Net Assets  
Resulting from Operations (109,603)

1 Interest income and realized net gain (loss) from an affiliated company of the fund were $553,000 and $0, respectively.

 

 

 

 

  Six Months Ended Year Ended
  April 30, October 31,
  2017 2016
  ($000) ($000)
Increase (Decrease) in Net Assets    
Operations    
Net Investment Income 212,656 377,181
Realized Net Gain (Loss) 1,498 47,334
Change in Unrealized Appreciation (Depreciation) (323,757) 158,030
Net Increase (Decrease) in Net Assets Resulting from Operations (109,603) 582,545
Distributions    
Net Investment Income    
Investor Shares (33,789) (65,480)
Admiral Shares (171,560) (311,221)
Realized Capital Gain    
Investor Shares — —
Admiral Shares — —
Total Distributions (205,349) (376,701)
Capital Share Transactions    
Investor Shares (106,912) 329,721
Admiral Shares 346,924 1,664,700
Net Increase (Decrease) from Capital Share Transactions 240,012 1,994,421
Total Increase (Decrease) (74,940) 2,200,265
Net Assets    
Beginning of Period 11,211,384 9,011,119
End of Period1 11,136,444 11,211,384

 

1 Net Assets—End of Period includes undistributed (overdistributed) net investment income of $207,000 and $232,000.

See accompanying Notes, which are an integral part of the Financial Statements.

301

 

High-Yield Tax-Exempt Fund            
 
 
Financial Highlights            
 
Investor Shares            
Six Months          
  Ended          
For a Share Outstanding April 30,     Year Ended October 31,
Throughout Each Period 2017 2016 2015 2014 2013 2012
Net Asset Value, Beginning of Period $11.47 $11.20 $11.23 $10.63 $11.29 $10.53
Investment Operations            
Net Investment Income . 209 .413 .414 .430 . 428 . 425
Net Realized and Unrealized Gain (Loss)            
on Investments (. 320) . 270 (. 030) .600 (. 660) .760
Total from Investment Operations (.111) .683 .384 1.030 (. 232) 1.185
Distributions            
Dividends from Net Investment Income (. 209) (.413) (.414) (. 430) (. 428) (. 425)
Distributions from Realized Capital Gains  — — — — — —
Total Distributions (. 209) (.413) (.414) (. 430) (. 428) (. 425)
Net Asset Value, End of Period $11.15 $11.47 $11.20 $11.23 $10.63 $11.29
 
Total Return1 -0.94% 6.15% 3.47% 9.87% -2.11% 11.43%
 
Ratios/Supplemental Data            
Net Assets, End of Period (Millions) $1,817 $1,980 $1,614 $1,484 $1,307 $1,609
Ratio of Total Expenses to            
Average Net Assets 0.19% 0.19% 0.20% 0.20% 0.20% 0.20%
Ratio of Net Investment Income to            
Average Net Assets 3.94% 3.59% 3.69% 3.94% 3.88% 3.86%
Portfolio Turnover Rate 32% 19% 21% 28% 29% 20%

The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.

1 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

 

 

Admiral Shares            
Six Months          
  Ended          
For a Share Outstanding April 30,     Year Ended October 31,
Throughout Each Period 2017 2016 2015 2014 2013 2012
Net Asset Value, Beginning of Period $11.47 $11.20 $11.23 $10.63 $11.29 $10.53
Investment Operations            
Net Investment Income .214 . 425 . 423 .438 .436 .434
Net Realized and Unrealized Gain (Loss)            
on Investments (. 320) . 270 (. 030) .600 (. 660) .760
Total from Investment Operations (.106) .695 .393 1.038 (. 224) 1.194
Distributions            
Dividends from Net Investment Income (.214) (. 425) (. 423) (. 438) (. 436) (. 434)
Distributions from Realized Capital Gains  — — — — — —
Total Distributions (.214) (. 425) (. 423) (. 438) (. 436) (. 434)
Net Asset Value, End of Period $11.15 $11.47 $11.20 $11.23 $10.63 $11.29
 
Total Return -0.89% 6.26% 3.56% 9.96% -2.04% 11.52%
 
Ratios/Supplemental Data            
Net Assets, End of Period (Millions) $9,319 $9,231 $7,398 $6,608 $5,621 $6,340
Ratio of Total Expenses to            
Average Net Assets 0.09% 0.09% 0.12% 0.12% 0.12% 0.12%
Ratio of Net Investment Income to            
Average Net Assets 4.04% 3.69% 3.77% 4.02% 3.96% 3.94%
Portfolio Turnover Rate 32% 19% 21% 28% 29% 20%

 

The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.

1 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

See accompanying Notes, which are an integral part of the Financial Statements.

302

 

High-Yield Tax-Exempt Fund

Notes to Financial Statements

Vanguard High-Yield Tax-Exempt Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund invests in debt instruments of many municipal issuers; the issuers’ abilities to meet their obligations may be affected by economic and political developments in a specific state or region. The fund offers two classes of shares: Investor Shares and Admiral Shares. Investor Shares are available to any investor who meets the fund’s minimum purchase requirements. Admiral Shares are designed for investors who meet certain administrative, service, and account-size criteria.

A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.

1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Investments in Vanguard Municipal Cash Management Fund are valued at that fund’s net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.

2. Futures Contracts: The fund uses futures contracts to invest in fixed income asset classes with greater efficiency and lower cost than is possible through direct investment, to add value when these instruments are attractively priced, or to adjust sensitivity to changes in interest rates. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of bonds held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract.

Futures contracts are valued at their quoted daily settlement prices. The aggregate settlement values of the contracts are not recorded in the Statement of Net Assets. Fluctuations in the value of the contracts are recorded in the Statement of Net Assets as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized futures gains (losses).

During the six months ended April 30, 2017, the fund’s average investments in long and short futures contracts represented 2% and less than 1%of net assets, respectively, based on the average of aggregate settlement values at each quarter-end during the period.

3. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (October 31, 2013–2016), and for the period ended April 30, 2017, and has concluded that no provision for federal income tax is required in the fund’s financial statements.

4. Distributions: Distributions from net investment income are declared daily and paid on the first business day of the following month. Annual distributions from realized capital gains, if any, are recorded on the ex-dividend date.

5. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $3.1 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.

The fund had no borrowings outstanding at April 30, 2017, or at any time during the period then ended.

303

 

High-Yield Tax-Exempt Fund

6. Other: Interest income includes income distributions received from Vanguard Municipal Cash Management Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.

Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.

B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. Vanguard does not require reimbursement in the current period for certain costs of operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Net Assets.

Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At April 30, 2017, the fund had contributed to Vanguard capital in the amount of $739,000, representing 0.01% of the fund’s net assets and 0.30% of Vanguard’s capitalization. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.

C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

Level 1—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 risk, etc.).

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments).

The following table summarizes the market value of the fund’s investments as of April 30, 2017, based on the inputs used to value them:

  Level 1 Level 2 Level 3
Investments ($000) ($000) ($000)
Tax-Exempt Municipal Bonds — 10,918,981 —
Temporary Cash Investments 135,913 — —
Futures Contracts—Assets1 193 — —
Futures Contracts—Liabilities1 (176) — —
Total 135,930 10,918,981 —
1 Represents variation margin on the last day of the reporting period.      

 

D. At April 30, 2017, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were:

        ($000)
      Aggregate  
    Number of Settlement Unrealized
    Long (Short) Value Appreciation
Futures Contracts Expiration Contracts Long (Short) (Depreciation)
5-Year U.S. Treasury Note June 2017 1,863 220,591 531
2-Year U.S. Treasury Note June 2017 727 157,475 113
Ultra Long U.S. Treasury Bond June 2017 (237) (38,616) (174)
30-Year U.S. Treasury Bond June 2017 107 16,368 69
        539

 

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

304

 

High-Yield Tax-Exempt Fund

E. Capital gain distributions are determined on a tax basis and may differ from realized capital gains for financial reporting purposes. Differences may be permanent or temporary. Permanent differences are reclassified among capital accounts in the financial statements to reflect their tax character. Temporary differences arise when gains or losses are recognized in different periods for financial statement and tax purposes. These differences will reverse at some time in the future.

The fund’s tax-basis capital gains and losses are determined only at the end of each fiscal year. For tax purposes, at October 31, 2016, the fund had available capital losses totaling $45,766,000 to offset future net capital gains of $944,000 through October 31, 2017, $2,545,000 through October 31, 2018, and $42,277,000 through October 31, 2019. The fund will use these capital losses to offset net taxable capital gains, if any, realized during the year ending October 31, 2017; should the fund realize net capital losses for the year, the losses will be added to the loss carryforward balance above.

At April 30, 2017, the cost of investment securities for tax purposes was $10,781,927,000. Net unrealized appreciation of investment securities for tax purposes was $272,967,000, consisting of unrealized gains of $392,525,000 on securities that had risen in value since their purchase and $119,558,000 in unrealized losses on securities that had fallen in value since their purchase.

F. During the six months ended April 30, 2017, the fund purchased $1,935,597,000 of investment securities and sold $1,649,554,000 of investment securities, other than temporary cash investments.

The fund purchased securities from and sold securities to other Vanguard funds or accounts managed by Vanguard or its affiliates, in accordance with procedures adopted by the board of trustees in compliance with Rule 17a-7 of the Investment Company Act of 1940. For the six months ended April 30, 2017, such purchases and sales were $320,040,000 and $394,230,000, respectively; these amounts are included in the purchases and sales of investment securities noted above.

G. Capital share transactions for each class of shares were:      
  Six Months Ended   Year Ended
    April 30, 2017 October 31, 2016
  Amount Shares Amount Shares
  ($000) (000) ($000) (000)
Investor Shares        
Issued 322,531 29,134 803,288 69,735
Issued in Lieu of Cash Distributions 27,924 2,528 53,930 4,682
Redeemed (457,367) (41,339) (527,497) (45,792)
Net Increase (Decrease) —Investor Shares (106,912) (9,677) 329,721 28,625
Admiral Shares        
Issued 1,701,724 153,716 2,482,615 215,571
Issued in Lieu of Cash Distributions 115,439 10,448 206,486 17,924
Redeemed (1,470,239) (133,189) (1,024,401) (89,035)
Net Increase (Decrease) —Admiral Shares 346,924 30,975 1,664,700 144,460

 

H. Management has determined that no material events or transactions occurred subsequent to April 30, 2017, that would require recognition or disclosure in these financial statements.

305

 

About Your Fund’s Expenses

As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.

A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.

The accompanying table illustrates your fund’s costs in two ways:

• Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The “Ending Account Value” shown is derived from the fund’s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information in this table, together with the amount you invested, to estimate the expenses that you paid over the period.

To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading “Expenses Paid During Period.”

• Based on hypothetical 5% yearly return. This section is intended to help you compare your fund’s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.

Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.” The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.

You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.

306

 

Six Months Ended April 30, 2017      
  Beginning Ending Expenses
  Account Value Account Value Paid During
Tax-Exempt Fund 10/31/2016 4/30/2017 Period1
Based on Actual Fund Return      
Short-Term      
Investor Shares $1,000.00 $1,004.23 $0.94
Admiral Shares 1,000.00 1,004.71 0.45
Limited-Term      
Investor Shares $1,000.00 $1,001.20 $0.94
Admiral Shares 1,000.00 1,001.70 0.45
Intermediate-Term      
Investor Shares $1,000.00 $996.13 $0.94
Admiral Shares 1,000.00 996.63 0.45
Long-Term      
Investor Shares $1,000.00 $991.80 $0.94
Admiral Shares 1,000.00 992.30 0.44
High-Yield      
Investor Shares $1,000.00 $990.60 $0.94
Admiral Shares 1,000.00 991.10 0.44
Based on Hypothetical 5% Yearly Return      
Short-Term      
Investor Shares $1,000.00 $1,022.89 $0.95
Admiral Shares 1,000.00 1,023.89 0.45
Limited-Term      
Investor Shares $1,000.00 $1,022.89 $0.95
Admiral Shares 1,000.00 1,023.89 0.45
Intermediate-Term      
Investor Shares $1,000.00 $1,022.89 $0.95
Admiral Shares 1,000.00 1,023.89 0.45
Long-Term      
Investor Shares $1,000.00 $1,022.89 $0.95
Admiral Shares 1,000.00 1,023.89 0.45
High-Yield      
Investor Shares $1,000.00 $1,022.89 $0.95
Admiral Shares 1,000.00 1,023.89 0.45

 

1 The calculations are based on expenses incurred in the most recent six-month period. The funds’ annualized six-month expense ratios for that period are: for the Short-Term Tax-Exempt Fund, 0.19% for Investor Shares and 0.09% for Admiral Shares; for the Limited-Term Tax-Exempt Fund, 0.19% for Investor Shares and 0.09% for Admiral Shares; for the Intermediate-Term Tax-Exempt Fund, 0.19% for Investor Shares and 0.09% for Admiral Shares; for the Long-Term Tax-Exempt Fund, 0.19% for Investor Shares and 0.09% for Admiral Shares; and for the High-Yield Tax-Exempt Fund, 0.19% for Investor Shares and 0.09% for Admiral Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (181/365).

307

 

Trustees Approve Advisory Arrangements

The board of trustees of Vanguard High-Yield Tax-Exempt Fund, Vanguard Intermediate-Term Tax-Exempt Fund, Vanguard Limited-Term Tax-Exempt Fund, Vanguard Long-Term Tax-Exempt Fund, and Vanguard Short-Term Tax-Exempt Fund has renewed the funds’ investment advisory arrangements with The Vanguard Group, Inc. (Vanguard)—through its Fixed Income Group. The board determined that continuing each fund’s internalized management structure was in the best interests of the fund and its shareholders.

The board based its decision upon an evaluation of the advisor’s investment staff, portfolio management process, and performance. This evaluation included information provided to the board by Vanguard’s Portfolio Review Department, which is responsible for fund and advisor oversight and product management. The Portfolio Review Department met regularly with the advisor and made monthly presentations to the board during the fiscal year that directed the board’s focus to relevant information and topics.

The board, or an investment committee made up of board members, also received information throughout the year during advisor presentations. For each advisor presentation, the board was provided with letters and reports that included information about, among other things, the advisory firm and the advisor’s assessment of the investment environment, portfolio performance, and portfolio characteristics.

In addition, the board received monthly reports, which included a Market and Economic Report, a Fund Dashboard Monthly Summary, and a Fund Performance Report.

Prior to their meeting, the trustees were provided with a memo and materials that summarized the information they received over the course of the year. They also considered the factors discussed below, among others. However, no single factor determined whether the board approved the arrangements. Rather, it was the totality of the circumstances that drove the board’s decision.

Nature, extent, and quality of services

The board reviewed the quality of the investment management services provided to the funds over both the short and long term, and took into account the organizational depth and stability of the advisor. The board considered that Vanguard has been managing investments for more than three decades. The Fixed Income Group adheres to a sound, disciplined investment management process; the team has considerable experience, stability, and depth.

The board concluded that Vanguard’s experience, stability, depth, and performance, among other factors, warranted continuation of the advisory arrangements.

Investment performance

The board considered the short- and long-term performance of the funds, including any periods of outperformance or underperformance compared with a relevant benchmark index and peer group. The board concluded that the performance was such that the advisory arrangements should continue. Information about each fund’s most recent performance can be found in the Performance Summary sections of this report.

Cost

The board concluded that the funds’ expense ratios were well below the average expense ratios charged by funds in their peer groups and that the funds’ advisory expenses were also well below their peer-group averages. Information about the funds’ expenses appears in the About Your Fund’s Expenses section of this report as well as in the Financial Statements sections.

The board does not conduct a profitability analysis of Vanguard because of Vanguard’s unique “at-cost” structure. Unlike most other mutual fund management companies, Vanguard is owned by the funds it oversees and produces “profits” only in the form of reduced expenses for fund shareholders.

The benefit of economies of scale

The board concluded that the funds’ at-cost arrangements with Vanguard ensure that the funds will realize economies of scale as they grow, with the cost to shareholders declining as fund assets increase.

The board will consider whether to renew the advisory arrangements again after a one-year period.

308

 

Glossary

30-Day SEC Yield. A fund’s 30-day SEC yield is derived using a formula specified by the U.S. Securities and Exchange Commission. Under the formula, data related to the fund’s security holdings in the previous 30 days are used to calculate the fund’s hypothetical net income for that period, which is then annualized and divided by the fund’s estimated average net assets over the calculation period. For the purposes of this calculation, a security’s income is based on its current market yield to maturity (for bonds), its actual income (for asset-backed securities), or its projected dividend yield (for stocks). Because the SEC yield represents hypothetical annualized income, it will differ—at times significantly—from the fund’s actual experience. As a result, the fund’s income distributions may be higher or lower than implied by the SEC yield.

Average Coupon. The average interest rate paid on the fixed income securities held by a fund. It is expressed as a percentage of face value.

Average Duration. An estimate of how much the value of the bonds held by a fund will fluctuate in response to a change in interest rates. To see how the value could change, multiply the average duration by the change in rates. If interest rates rise by 1 percentage point, the value of the bonds in a fund with an average duration of five years would decline by about 5%. If rates decrease by a percentage point, the value would rise by 5%.

Average Stated Maturity. The average length of time until fixed income securities held by a fund reach maturity and are repaid using the maturity date of the security. The figure reflects the proportion of fund assets represented by each security; it also reflects any futures contracts held. In general, the longer the average stated maturity, the more a fund’s share price will fluctuate in response to changes in market interest rates.

Beta. A measure of the magnitude of a fund’s past share-price fluctuations in relation to the ups and downs of a given market index. The index is assigned a beta of 1.00. Compared with a given index, a fund with a beta of 1.20 typically would have seen its share price rise or fall by 12% when the index rose or fell by 10%. For this report, beta is based on returns over the past 36 months for both the fund and the index. Note that a fund’s beta should be reviewed in conjunction with its R-squared (see definition). The lower the R-squared, the less correlation there is between the fund and the index, and the less reliable beta is as an indicator of volatility.

Credit Quality. Credit-quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). Credit-quality ratings are obtained from Moody’s and S&P, and the higher rating for each issue is used. “Not Rated” is used to classify securities for which a rating is not available. Not rated securities include a fund’s investment in Vanguard Market Liquidity Fund or Vanguard Municipal Cash Management Fund, each of which invests in high-quality money market instruments and may serve as a cash management vehicle for the Vanguard funds, trusts, and accounts.

Expense Ratio. A fund’s total annual operating expenses expressed as a percentage of the fund’s average net assets. The expense ratio includes management and administrative expenses, but does not include the transaction costs of buying and selling portfolio securities.

Inception Date. The date on which the assets of a fund (or one of its share classes) are first invested in accordance with the fund’s investment objective. For funds with a subscription period, the inception date is the day after that period ends. Investment performance is measured from the inception date.

R-Squared. A measure of how much of a fund’s past returns can be explained by the returns from the market in general, as measured by a given index. If a fund’s total returns were precisely synchronized with an index’s returns, its R-squared would be 1.00. If the fund’s returns bore no relationship to the index’s returns, its R-squared would be 0. For this report, R-squared is based on returns over the past 36 months for both the fund and the index.

Short-Term Reserves. The percentage of a fund invested in highly liquid, short-term securities that can be readily converted to cash.

Yield to Maturity. The rate of return an investor would receive if the fixed income securities held by a fund were held to their maturity dates.

309

 

The Vanguard Municipal Bond Funds are not sponsored, endorsed, issued, sold, or promoted by Barclays Risk Analytics and Index Solutions Limited or any of its affiliates (“Barclays”). Barclays makes no representation or warranty, express or implied, to the owners or purchasers of the Vanguard Municipal Bond Funds or any member of the public regarding the advisability of investing in securities generally or in the Vanguard Municipal Bond Funds particularly or the ability of the Barclays Indexes to track general bond market performance. Barclays has not passed on the legality or suitability of the Vanguard Municipal Bond Funds with respect to any person or entity. Barclays’ only relationship to Vanguard and the Vanguard Municipal Bond Funds is the licensing of the Barclays Indexes, which are determined, composed, and calculated by Barclays without regard to Vanguard or the Vanguard Municipal Bond Funds or any owners or purchasers of the Vanguard Municipal Bond Funds. Barclays has no obligation to take the needs of Vanguard, the Vanguard Municipal Bond Funds, or the owners of the Vanguard Municipal Bond Funds into consideration in determining, composing, or calculating the Barclays Indexes. Barclays is not responsible for and has not participated in the determination of the timing of, prices at, or quantities of the Vanguard Municipal Bond Funds to be issued. Barclays has no obligation or liability in connection with the administration, marketing, or trading of the Vanguard Municipal Bond Funds.

BARCLAYS SHALL HAVE NO LIABILITY TO THIRD PARTIES FOR THE QUALITY, ACCURACY AND/OR COMPLETENESS OF THE INDEX OR ANY DATA INCLUDED THEREIN OR FOR INTERRUPTIONS IN THE DELIVERY OF THE INDEX. BARCLAYS MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY OWNERS OF THE VANGUARD MUNICIPAL BOND FUNDS OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR ANY DATA INCLUDED THEREIN IN CONNECTION WITH THE RIGHTS LICENSED HEREUNDER OR FOR ANY OTHER USE. BARCLAYS RESERVES THE RIGHT TO CHANGE THE METHODS OF CALCULATION OR PUBLICATION, OR TO CEASE THE CALCULATION OR PUBLICATION OF THE BLOOMBERG BARCLAYS INDICES, AND BARCLAYS SHALL NOT BE LIABLE FOR ANY MISCALCULATION OF OR ANY INCORRECT, DELAYED OR INTERRUPTED PUBLICATION WITH RESPECT TO ANY OF THE BLOOMBERG BARCLAYS INDICES. BARCLAYS MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE INDEX OR ANY DATA INCLUDED THEREIN. BARCLAYS SHALL NOT BE LIABLE FOR ANY DAMAGES, INCLUDING, WITHOUT LIMITATION, ANY INDIRECT OR CONSEQUENTIAL DAMAGES RESULTING FROM THE USE OF THE INDEX OR ANY DATA INCLUDED THEREIN.

© 2017 Barclays. Used with Permission.

Source: Barclays Global Family of Indices. Copyright 2017, Barclays. All rights reserved.

 

This page intentionally left blank.

 

This page intentionally left blank.

 

The People Who Govern Your Fund

The trustees of your mutual fund are there to see that the fund is operated and managed in your best interests since, as a shareholder, you are a part owner of the fund. Your fund’s trustees also serve on the board of directors of The Vanguard Group, Inc., which is owned by the Vanguard funds and provides services to them on an at-cost basis.

A majority of Vanguard’s board members are independent, meaning that they have no affiliation with Vanguard or the funds they oversee, apart from the sizable personal investments they have made as private individuals.

The independent board members have distinguished backgrounds in business, academia, and public service. Each of the trustees and executive officers oversees 197 Vanguard funds.

The following table provides information for each trustee and executive officer of the fund. The mailing address of the trustees and officers is P.O. Box 876, Valley Forge, PA 19482. More information about the trustees is in the Statement of Additional Information, which can be obtained, without charge, by contacting Vanguard at 800-662-7447, or online at vanguard.com.

Interested Trustee1

F. William McNabb III

Born 1957. Trustee Since July 2009. Chairman of the Board. Principal Occupation(s) During the Past Five Years and Other Experience: Chairman of the Board of The Vanguard Group, Inc., and of each of the investment companies served by The Vanguard Group, since January 2010; Director of The Vanguard Group since 2008; Chief Executive Officer and President of The Vanguard Group, and of each of the investment companies served by The Vanguard Group, since 2008; Director of Vanguard Marketing Corporation; Managing Director of The Vanguard Group (1995–2008).

Independent Trustees

Emerson U. Fullwood

Born 1948. Trustee Since January 2008. Principal Occupation(s) During the Past Five Years and Other Experience: Executive Chief Staff and Marketing Officer for North America and Corporate Vice President (retired 2008) of Xerox Corporation (document management products and services); Executive in Residence and 2009–2010 Distinguished Minett Professor at the Rochester Institute of Technology; Lead Director of SPX FLOW, Inc. (multi-industry manufacturing); Director of the United Way of Rochester, the University of Rochester Medical Center, Monroe Community College Foundation, North Carolina A&T University, and Roberts Wesleyan College.

Rajiv L. Gupta

Born 1945. Trustee Since December 2001.2 Principal Occupation(s) During the Past Five Years and Other Experience: Chairman and Chief Executive Officer (retired 2009) and President (2006–2008) of Rohm and Haas Co. (chemicals); Director of Arconic Inc. (diversified manufacturer), HP Inc. (printer and personal computer manufacturing), and Delphi Automotive plc (automotive components); Senior Advisor at New Mountain Capital.

Amy Gutmann

Born 1949. Trustee Since June 2006. Principal Occupation(s) During the Past Five Years and Other Experience: President of the University of Pennsylvania; Christopher H. Browne Distinguished Professor of Political Science, School of Arts and Sciences, and Professor of Communication, Annenberg School for Communication, with secondary faculty appointments in the Department of Philosophy, School of Arts and Sciences, and at the Graduate School of Education, University of Pennsylvania; Trustee of the National Constitution Center; Chair of the Presidential Commission for the Study of Bioethical Issues.

JoAnn Heffernan Heisen

Born 1950. Trustee Since July 1998. Principal Occupation(s) During the Past Five Years and Other Experience: Corporate Vice President and Member of the Executive Committee (1997–2008), Chief Global Diversity Officer (retired 2008), Vice President and Chief Information Officer (1997–2005), Controller (1995–1997), Treasurer (1991–1995), and Assistant

Treasurer (1989–1991) of Johnson & Johnson (pharmaceuticals/medical devices/consumer products); Director of Skytop Lodge Corporation (hotels) and the Robert Wood Johnson Foundation; Member of the Advisory Board of the Institute for Women’s Leadership at Rutgers University.

F. Joseph Loughrey

Born 1949. Trustee Since October 2009. Principal Occupation(s) During the Past Five Years and Other Experience: President and Chief Operating Officer (retired 2009) of Cummins Inc. (industrial machinery); Chairman of the Board of Hillenbrand, Inc. (specialized consumer services), Oxfam America, and the Lumina Foundation for Education; Director of SKF AB (industrial machinery), Hyster-Yale Materials Handling, Inc. (forklift trucks), and the V Foundation for Cancer Research; Member of the Advisory Council for the College of Arts and Letters and Chair of the Advisory Board to the Kellogg Institute for International Studies, both at the University of Notre Dame.

Mark Loughridge

Born 1953. Trustee Since March 2012. Principal Occupation(s) During the Past Five Years and Other Experience: Senior Vice President and Chief Financial Officer (retired 2013) at IBM (information technology services); Fiduciary Member of IBM’s Retirement Plan Committee (2004–2013); Director of the Dow Chemical Company; Member of the Council on Chicago Booth.

Scott C. Malpass

Born 1962. Trustee Since March 2012. Principal Occupation(s) During the Past Five Years and Other Experience: Chief Investment Officer and Vice President at the University of Notre Dame; Assistant Professor of Finance at the Mendoza College of Business at Notre Dame; Member of the Notre Dame 403(b) Investment Committee, the Board of Advisors for Spruceview Capital Partners, and the Investment Advisory Committee of Major League Baseball; Board Member of TIFF Advisory Services, Inc., and Catholic Investment Services, Inc. (investment advisors); Member of the Board of Superintendence of the Institute for the Works of Religion.

André F. Perold

Born 1952. Trustee Since December 2004. Principal Occupation(s) During the Past Five Years and Other Experience: George Gund Professor of Finance and Banking, Emeritus at the Harvard Business School (retired 2011); Chief Investment Officer and Co-Managing Partner of HighVista Strategies LLC (private investment firm); Overseer of the Museum of Fine Arts Boston.

Peter F. Volanakis

Born 1955. Trustee Since July 2009. Principal Occupation(s) During the Past Five Years and Other Experience: President and Chief Operating Officer (retired 2010) of Corning Incorporated (communications equipment); Chairman of the Board of Trustees of Colby-Sawyer College; Member of the Board of Hypertherm, Inc. (industrial cutting systems, software, and consumables).

Executive Officers Glenn Booraem

Born 1967. Investment Stewardship Officer Since February 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Treasurer (2015–2017), Controller (2010–2015), and Assistant Controller (2001–2010) of each of the investment companies served by The Vanguard Group.

Thomas J. Higgins

Born 1957. Chief Financial Officer Since September 2008. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Chief Financial Officer of each of the investment companies served by The Vanguard Group; Treasurer of each of the investment companies served by The Vanguard Group (1998–2008).

Peter Mahoney

Born 1974. Controller Since May 2015. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Controller of each of the investment companies served by The Vanguard Group; Head of International Fund Services at The Vanguard Group (2008–2014).

Anne E. Robinson

Born 1970. Secretary Since September 2016. Principal Occupation(s) During the Past Five Years and Other Experience: Managing Director of The Vanguard Group, Inc.; General Counsel of The Vanguard Group; Secretary of The Vanguard Group and of each of the investment companies served by The Vanguard Group; Director and Senior Vice President of Vanguard Marketing Corporation; Managing Director and General Counsel of Global Cards and Consumer Services at Citigroup (2014–2016); Counsel at American Express (2003–2014).

Michael Rollings

Born 1963. Treasurer Since February 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Managing Director of The Vanguard Group, Inc.; Treasurer of each of the investment companies served by The Vanguard Group; Executive Vice President and Chief Financial Officer of MassMutual Financial Group (2006–2016).

Vanguard Senior Management Team
Mortimer J. Buckley James M. Norris
John James Thomas M. Rampulla
Martha G. King Glenn W. Reed
John T. Marcante Karin A. Risi
Chris D. McIsaac  

 

Chairman Emeritus and Senior Advisor John J. Brennan

Chairman, 1996–2009

Chief Executive Officer and President, 1996–2008

Founder John C. Bogle

Chairman and Chief Executive Officer, 1974–1996

1 Mr. McNabb is considered an “interested person,” as defined in the Investment Company Act of 1940, because he is an officer of the Vanguard funds.

2 December 2002 for Vanguard Equity Income Fund, the Vanguard Municipal Bond Funds, and the Vanguard State Tax-Exempt Funds.

 

 

  P.O. Box 2600
  Valley Forge, PA 19482-2600
 
 
 
 
Connect with Vanguard® > vanguard.com  
 
 
 
 
Fund Information > 800-662-7447 All comparative mutual fund data are from Lipper,
  a Thomson Reuters Company, or Morningstar, Inc.,
Direct Investor Account Services > 800-662-2739 unless otherwise noted.
 
 
Institutional Investor Services > 800-523-1036 You can obtain a free copy of Vanguard’s proxy voting
Text Telephone for People guidelines by visiting vanguard.com/proxyreporting or
Who Are Deaf or Hard of Hearing > 800-749-7273 by calling Vanguard at 800-662-2739. The guidelines
  are also available from the SEC’s website, sec.gov.
  In addition, you may obtain a free report on how your
fund voted the proxies for securities it owned during
                                    This material may be used in conjunction the 12 months ended June 30. To get the report, visit
with the offering of shares of any Vanguard either vanguard.com/proxyreporting or sec.gov.
fund only if preceded or accompanied by the  
fund’s current prospectus. You can review and copy information about your fund
  at the SEC’s Public Reference Room in Washington, D.C.
CFA® is a registered trademark owned by CFA Institute. To find out more about this public service, call the SEC
  at 202-551-8090. Information about your fund is also
  available on the SEC’s website, and you can receive
  copies of this information, for a fee, by sending a
  request in either of two ways: via email addressed to
  publicinfo@sec.gov or via regular mail addressed to the
  Public Reference Section, Securities and Exchange
  Commission, Washington, DC 20549-1520.
 
 
 
 
  © 2017 The Vanguard Group, Inc.
  All rights reserved.
  Vanguard Marketing Corporation, Distributor.
  Q952 062017

 



Semiannual Report | April 30, 2017

Vanguard Tax-Exempt Bond Index Fund

 

A new format, unwavering commitment

As you begin reading this report, you’ll notice that we’ve made some improvements to the opening sections—based on feedback from you, our clients.

Page 1 starts with a new ”Your Fund’s Performance at a Glance,” a concise, handy summary of how your fund performed during the period.

In the renamed ”Chairman’s Perspective,” Bill McNabb will focus on enduring principles and investment insights.

We’ve modified some tables, and eliminated some redundancy, but we haven’t removed any information.

At Vanguard, we’re always looking for better ways to communicate and to help you make sound investment decisions. Thank you for entrusting your assets to us.

Contents  
Your Fund’s Performance at a Glance. 1
Chairman’s Perspective. 3
Fund Profile. 7
Performance Summary. 8
Financial Statements. 9
About Your Fund’s Expenses. 108
Trustees Approve Advisory Arrangement. 110
Glossary. 112

 

Please note: The opinions expressed in this report are just that—informed opinions. They should not be considered promises or advice. Also, please keep in mind that the information and opinions cover the period through the date on the front of this report. Of course, the risks of investing in your fund are spelled out in the prospectus.

See the Glossary for definitions of investment terms used in this report.

About the cover: No matter what language you speak, Vanguard has one consistent message and set of principles. Our primary focus is on you, our clients. We conduct our business with integrity as a faithful steward of your assets. This message is shown translated into seven languages, reflecting our expanding global presence.

 

Your Fund’s Performance at a Glance

• For the six months ended April 30, 2017, Vanguard Tax-Exempt Bond Index Fund returned –0.75% for Investor Shares, –0.61% for ETF Shares, and –0.65% for Admiral Shares. Its benchmark index returned –0.63%, and the average return of peer funds was –0.84%.

• Municipal bond supply was down modestly from the same period last year, largely because of a decrease in refundings as interest rates rose.

• Demand for municipal bonds diminished in the wake of the U.S. election, but that trend reversed somewhat at the beginning of 2017. Longer-term muni bonds posted the weakest performance, although investor interest grew strong as the period closed.

• The Federal Reserve increased interest rates twice, just the second and third times it has made such a move since the financial crisis. The range for federal funds rose to 0.75%–1.00%.

Total Returns: Six Months Ended April 30, 2017        
    Taxable-      
  30-Day SEC Equivalent Income Capital Total
  Yield Yield Returns Returns Returns
Vanguard Tax-Exempt Bond Index Fund          
Investor Shares 2.05% 3.62% 0.90% -1.65% -0.75%
ETF Shares 2.15        
Market Price         -0.79
Net Asset Value         -0.61
Admiral™ Shares 2.15 3.80 0.95 -1.60 -0.65
S&P National AMT-Free Municipal Bond Index         -0.63
General Municipal Funds Average         -0.84

 

The calculation of taxable-equivalent yield assumes a typical itemized tax return and is based on the maximum federal tax rate of 43.4%. State and local taxes were not considered. Please see the prospectus for a detailed explanation of the calculation.

General Municipal Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company.

Admiral Shares carry lower expenses and are available to investors who meet certain account-balance requirements. The Vanguard ETF® Shares shown are traded on the NYSE Arca exchange and are available only through brokers. The table provides ETF returns based on both the NYSE Arca market price and the net asset value for a share. U.S. Pat. Nos. 6,879,964; 7,337,138; 7,720,749; 7,925,573; 8,090,646; and 8,417,623.

For the ETF Shares, the market price is determined by the midpoint of the bid-offer spread as of the closing time of the New York Stock Exchange (generally 4 p.m., Eastern time). The net asset value is also determined as of the NYSE closing time. For more information about how the ETF Shares' market prices have compared with their net asset value, visit vanguard.com, select your ETF, and then select the Price and Performance tab. The ETF premium/discount analysis there shows the percentages of days on which the ETF Shares' market price was above or below the NAV.

1

 

Expense Ratios        
Your Fund Compared With Its Peer Group        
  Investor ETF Admiral Peer Group
  Shares Shares Shares Average
Tax-Exempt Bond Index Fund 0.19% 0.09% 0.09% 0.91%

 

The fund expense ratios shown are from the prospectus dated February 23, 2017, and represent estimated costs for the current fiscal year. For the six months ended April 30, 2017, the fund’s annualized expense ratios were 0.19% for Investor Shares, 0.09% for ETF Shares, and 0.09% for Admiral Shares. The peer-group expense ratio is derived from data provided by Lipper, a Thomson Reuters Company, and captures information through year-end 2016.

Peer group: General Municipal Funds Average.

2

 

Chairman’s Perspective

Dear Shareholder,

“Buy what you know.”


It’s one of the adages of investing, and it has plenty of intuitive appeal. After all, the familiar seems inherently less risky. It’s no wonder that many investors heavily tilt their portfolios toward the stocks and bonds of their home country. This is known in investing parlance as “home bias.”

U.S. investors sometimes think they can get all the global diversification they need by owning shares of U.S.-based multinational companies. And that may seem like the best of both worlds: international diversification without ever leaving the friendly confines of home.

The potential pitfall is that, as Vanguard research has suggested, the performance of a company’s shares tends to be highly correlated to its domestic market, regardless of where that company conducts most of its business.

Americans aren’t alone in being portfolio homebodies. Vanguard has found that in a range of developed countries—Australia, Canada, Japan, and the United Kingdom, as well as the United States—investors held a greater percentage of domestic stocks than would be indicated if they had taken their cues from a globally diversified, market-weighted benchmark. (You can see this tendency in the chart later in this letter.)

Bill McNabb
Chairman and Chief Executive Officer

3

 

Why home bias exists

Vanguard’s Investment Strategy Group identified a range of reasons why investors might not embrace global diversification, including concerns about currency risk and an expectation that their home country will deliver outsized returns.

One factor we identified—preference for the familiar—seems particularly relevant. With so much global uncertainty about geopolitics, monetary policy, and the economic outlook, it’s understandable why investors may not want to stray too far from home.

But in their aversion to the unknown, investors can end up increasing, rather than lessening, their risks. That’s

because they’re sacrificing broad global diversification—one of the best ways I know of to help control risk.

In many cases, individual country markets are much less diversified than the global market in total. Global investing, then, can be an answer for investors who want to reduce concentration risk. That can include overconcentration in a particular country, region, or industry.

And the good news is that global investing is easier than ever, thanks to the wide availability of low-cost, internationally diversified stock and bond funds. It’s possible, in a sense, to own the whole world with just a couple of funds.

Market Barometer      
      Total Returns
    Periods Ended April 30, 2017
  Six One Five Years
  Months Year (Annualized)
Stocks      
Russell 1000 Index (Large-caps) 13.46% 18.03% 13.63%
Russell 2000 Index (Small-caps) 18.37 25.63 12.95
Russell 3000 Index (Broad U.S. market) 13.83 18.58 13.57
FTSE All-World ex US Index (International) 10.55 12.98 5.60
 
Bonds      
Bloomberg Barclays U.S. Aggregate Bond Index      
(Broad taxable market) -0.67% 0.83% 2.27%
Bloomberg Barclays Municipal Bond Index      
(Broad tax-exempt market) -0.34 0.14 3.16
Citigroup Three-Month U.S. Treasury Bill Index 0.23 0.37 0.11
 
CPI      
Consumer Price Index 1.16% 2.20% 1.22%

 

4

 

Expanding our opportunities

A key to overcoming home bias is reframing the way we look at investing outside our home countries. Take, for example, automakers or pharmaceutical companies. There are well-regarded firms in both industries located throughout the world. Over the next five years, nobody can know for sure whether a Japanese or U.S. or European company will produce a popular new sedan that outsells the competition or come up with new treatments to combat illness. So why not own them all? And that includes their bonds along with their stocks.

Full global diversification also allows you to capitalize on opportunities in both developed and emerging economies. Betting on which individual country—let alone company—will be the next market darling can be a fool’s errand.

A better choice can be to harness the potential of all markets. In my personal investment account, I have an emerging markets position that complements my developed-market holdings. Not only can global diversification help control risk, but it can also expand our set of opportunities among stocks and bonds.

Home bias shows investors across the world are fixated on the familiar

Investors often own a greater share of their home country’s stocks than would be indicated by the allocations of a globally diversified, market-capitalization-weighted index fund.


Global index weight
Investor holdings in domestic equities

Notes: Data as of December 31, 2014 (the latest available from the International Monetary Fund, or IMF), in U.S. dollars. Domestic investment is calculated by subtracting total foreign investment (as reported by the IMF) in a given country from its market capitalization in the MSCI All Country World Index. Given that the IMF data are voluntary, there may be some discrepancies between the market values in the survey and the MSCI ACWI.

Sources: Vanguard, based on data from the IMF’s Coordinated Portfolio Investment Survey (2014), Bloomberg, Thomson Reuters Datastream, and FactSet.

5

 

Ultimately, I believe we have the best chance for investment success by giving ourselves more opportunities, not fewer. Own the whole haystack and you never have to worry about finding the needle.

Thank you for entrusting your assets to Vanguard.


F. William McNabb III

Chairman and Chief Executive Officer

May 12, 2017

6

 

Tax-Exempt Bond Index Fund

Fund Profile

As of April 30, 2017

Share-Class Characteristics    
 
  Investor ETF Admiral
  Shares Shares Shares
Ticker Symbol VTEBX VTEB VTEAX
Expense Ratio1 0.19% 0.09% 0.09%
30-Day SEC Yield 2.05% 2.15% 2.15%

 

Financial Attributes    
 
    S&P
    National
    AMT-Free
  Fund Muni Bond Idx
Number of Bonds 3,039 11,399
Yield to Maturity    
(before expenses) 2.2% 2.1%
Average Coupon 4.7% 4.6%
Average Duration 5.9 years 5.7 years
Average Stated    
Maturity 13.6 years 12.9 years
Short-Term    
Reserves 1.1% —

 

Distribution by Stated Maturity  
(% of portfolio)  
Under 1 Year 5.4%
1 - 3 Years 13.4
3 - 5 Years 7.5
5 - 10 Years 15.1
10 - 20 Years 28.9
20 - 30 Years 26.3
Over 30 Years 3.4

 

Distribution by Credit Quality (% of portfolio)
AAA 25.1%
AA 54.9
A 13.3
BBB 5.7
Not Rated 1.0

Credit-quality ratings are obtained from Moody’s and S&P, and the higher rating for each issue is shown. “Not Rated” is used to classify securities for which a rating is not available.

 

 

Largest Area Concentrations  
 
New York 20.5%
California 18.3
Texas 9.0
New Jersey 5.2
Massachusetts 5.1
Pennsylvania 4.5
Florida 4.1
Illinois 4.0
Georgia 2.6
Washington 2.4
Top Ten 75.7%
Percentage of net assets, excluding any futures contracts.  
 

Investment Focus

 


1 The expense ratios shown are from the prospectus dated February 23, 2017, and represent estimated costs for the current fiscal year. For the six months ended April 30, 2017, the annualized expense ratios were 0.19% for Investor Shares, 0.09% for ETF Shares, and 0.09% for Admiral Shares.

7

 

Tax-Exempt Bond Index Fund

Performance Summary

All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.

Fiscal-Year Total Returns (%): August 21, 2015, Through April 30, 2017  
        S&P
        National
        AMT-Free
      Investor Shares Muni Bond Idx
Fiscal Year Income Returns Capital Returns Total Returns Total Returns
2015 0.32% 0.50% 0.82% 0.83%
2016 1.49 2.79 4.28 4.32
2017 0.90 -1.65 -0.75 -0.63
Note: For 2017, performance data reflect the six months ended April 30, 2017.    

 

Average Annual Total Returns: Periods Ended March 31, 2017

This table presents returns through the latest calendar quarter—rather than through the end of the fiscal period.

Securities and Exchange Commission rules require that we provide this information.

          Since Inception
  Inception Date One Year Income Capital Total
Investor Shares 8/21/2015 -0.08% 1.58% 0.68% 2.26%
Fee-Adjusted Returns   -0.33     2.10
ETF Shares 8/21/2015        
Market Price   0.14     2.40
Net Asset Value   0.06     2.35
Admiral Shares 8/25/2015 0.12 1.70 0.75 2.45
Fee-Adjusted Returns   -0.13     2.29

 

Vanguard fund returns are adjusted to reflect the 0.25% fee on purchases of fund shares. The fee does not apply to the ETF Shares. The Fiscal-Year Total Returns table is not adjusted for fees.

See Financial Highlights for dividend and capital gains information.

8

 

Tax-Exempt Bond Index Fund

Financial Statements (unaudited)

Statement of Net Assets
As of April 30, 2017

The fund reports a complete list of its holdings in regulatory filings four times in each fiscal year, at the quarter-ends. For the second and fourth fiscal quarters, the lists appear in the fund’s semiannual and annual reports to shareholders. For the first and third fiscal quarters, the fund files the lists with the Securities and Exchange Commission on Form N-Q. Shareholders can look up the fund’s Forms N-Q on the SEC’s website at sec.gov. Forms N-Q may also be reviewed and copied at the SEC’s Public Reference Room (see the back cover of this report for further information).

      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Tax-Exempt Municipal Bonds (98.0%)        
Alabama (0.7%)        
Alabama Federal Aid Highway Finance Authority        
GAN 5.000% 9/1/18 100 105
Alabama Federal Aid Highway Finance Authority        
GAN 5.000% 9/1/19 300 327
Alabama Federal Aid Highway Finance Authority        
GAN 5.000% 9/1/21 135 154
Alabama Federal Aid Highway Finance Authority        
GAN 5.000% 9/1/27 380 451
Alabama Federal Aid Highway Finance Authority        
Special Obligation Revenue 5.000% 9/1/28 300 353
Alabama Federal Aid Highway Finance Authority        
Special Obligation Revenue 5.000% 9/1/30 520 608
Alabama Federal Aid Highway Finance Authority        
Special Obligation Revenue 4.000% 9/1/32 555 586
Alabama Incentives Financing Authority Special        
Obligation Revenue 5.000% 9/1/37 380 417
Alabama Port Authority Docks Facilities Revenue 6.000% 10/1/20 (Prere.) 100 116
Alabama Public School & College Authority 5.000% 1/1/24 225 270
Alabama Public School & College Authority        
Capital Improvement Revenue 5.000% 12/1/17 (Prere.) 150 154
Alabama Public School & College Authority        
Capital Improvement Revenue 5.000% 5/1/18 55 57
Alabama Public School & College Authority        
Capital Improvement Revenue 5.000% 1/1/23 160 189
Alabama Public School & College Authority        
Revenue 5.000% 1/1/26 1,050 1,254
Alabama Public School & College Authority        
Revenue 5.000% 1/1/27 375 445
Auburn University Alabama General Fee Revenue 5.000% 6/1/28 300 359
Baldwin County AL Board of Education Revenue 4.500% 7/1/37 (2) 505 508
Birmingham AL Airport Authority Revenue 5.250% 7/1/30 (4) 150 165
Birmingham AL Airport Authority Revenue 5.500% 7/1/40 (4) 140 154
Birmingham AL GO 4.500% 12/1/32 (2) 100 100
Birmingham AL Water Works Board Water        
Revenue 5.000% 1/1/21 (Prere.) 575 652
Birmingham AL Water Works Board Water        
Revenue 5.000% 1/1/43 950 1,060
        8,484

 

9

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Alaska (0.1%)        
Alaska Municipal Bond Bank Authority Revenue 5.000% 3/1/27 245 287
Anchorage AK Electric Utility Revenue 5.000% 12/1/41 270 300
Anchorage AK GO 5.000% 9/1/19 700 761
Anchorage AK Water Revenue 5.000% 5/1/37 (14) 100 100
        1,448
Arizona (1.4%)        
Arizona Board Regents Arizona State University        
System Revenue 5.000% 7/1/37 380 428
Arizona COP 5.000% 10/1/18 (4) 50 53
Arizona COP 5.250% 10/1/20 (4) 100 109
Arizona COP 5.000% 10/1/29 (4) 110 119
Arizona School Facilities Board COP 5.250% 9/1/18 (Prere.) 200 211
Arizona School Facilities Board COP 5.750% 9/1/18 (Prere.) 420 447
Arizona School Facilities Board COP 5.000% 9/1/23 500 592
Arizona Transportation Board Excise Tax Revenue 5.250% 7/1/19 (Prere.) 135 147
Arizona Transportation Board Excise Tax Revenue 5.000% 7/1/23 60 72
Arizona Transportation Board Excise Tax Revenue 5.000% 7/1/24 500 605
Arizona Transportation Board Excise Tax Revenue 5.000% 7/1/25 50 60
Arizona Transportation Board Excise Tax Revenue        
(Maricopa County Regional Area) 5.000% 7/1/18 80 84
Arizona Transportation Board Excise Tax Revenue        
(Maricopa County Regional Area) 5.000% 7/1/19 (Prere.) 300 325
Arizona Transportation Board Highway Revenue 5.000% 7/1/22 (Prere.) 570 667
Arizona Transportation Board Highway Revenue 5.000% 7/1/24 1,040 1,192
Arizona Transportation Board Highway Revenue 5.000% 7/1/24 145 176
Arizona Transportation Board Highway Revenue 5.000% 7/1/25 150 172
Arizona Transportation Board Highway Revenue 5.000% 7/1/25 520 603
Arizona Transportation Board Highway Revenue 5.000% 7/1/26 50 58
Arizona Transportation Board Highway Revenue 5.000% 7/1/31 55 64
Arizona Transportation Board Highway Revenue 5.000% 7/1/32 60 70
Arizona Water Infrastructure Finance Authority        
Revenue 5.000% 10/1/20 (Prere.) 150 169
Arizona Water Infrastructure Finance Authority        
Revenue 5.000% 10/1/23 125 150
Arizona Water Infrastructure Finance Authority        
Revenue 5.000% 10/1/24 100 121
Maricopa County AZ Community College District        
GO 5.000% 7/1/21 175 202
Phoenix AZ Civic Improvement Corp. Airport        
Revenue 5.000% 7/1/40 315 342
Phoenix AZ Civic Improvement Corp. Excise Tax        
Revenue 5.000% 7/1/19 390 423
Phoenix AZ Civic Improvement Corp. Transit        
Excise Tax Revenue (Light Rail Project) 5.000% 7/1/20 200 223
Phoenix AZ Civic Improvement Corp. Water        
System Revenue 5.000% 7/1/19 (Prere.) 1,500 1,626
Phoenix AZ Civic Improvement Corp. Water        
System Revenue 5.000% 7/1/20 700 783
Phoenix AZ Civic Improvement Corp. Water        
System Revenue 5.000% 7/1/21 275 316
Phoenix AZ Civic Improvement Corp. Water        
System Revenue 4.750% 7/1/44 160 175
Phoenix AZ GO 4.000% 7/1/21 165 183

 

10

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Phoenix AZ GO 4.000% 7/1/24 155 177
Phoenix AZ Industrial Development Authority        
Lease Revenue (Rowan University) 5.250% 6/1/34 85 94
Pima County AZ Industrial Development        
Authority Lease Revenue (Clark County        
Detention Facilities Project) 5.000% 9/1/39 270 278
Pima County AZ Sewer Revenue 5.000% 7/1/24 200 241
Pinal County AZ Electric District Revenue 5.250% 7/1/21 (Prere.) 70 81
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 1/1/18 (Prere.) 100 103
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 1/1/18 (Prere.) 590 606
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 1/1/18 (Prere.) 105 108
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 12/1/19 100 110
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 12/1/27 300 345
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 1/1/28 50 53
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 12/1/28 225 259
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 12/1/29 380 440
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 1/1/31 145 173
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 12/1/31 120 139
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 1/1/32 555 591
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 1/1/33 75 79
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 12/1/35 140 160
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 12/1/36 20 23
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 1/1/38 200 232
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 1/1/39 750 795
Salt River Project Arizona Agricultural        
Improvement & Power District Revenue 5.000% 12/1/45 695 786
        16,840
Arkansas (0.1%)        
Arkansas GO 5.000% 6/15/21 225 259
Fort Smith AR Water & Sewer Revenue 5.000% 10/1/18 (Prere.) 40 42
Fort Smith AR Water & Sewer Revenue 5.000% 10/1/32 (4) 60 63
Springdale AR School District No. 50 GO 4.000% 6/1/33 395 411
        775
California (18.3%)        
Alameda CA Corridor Transportation Authority        
Revenue 5.450% 10/1/17 (Prere.) 200 204
Alameda CA Corridor Transportation Authority        
Revenue 0.000% 10/1/19 (ETM) 235 229

 

11

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Alameda CA Corridor Transportation Authority        
Revenue 0.000% 10/1/19 (2) 15 14
Alameda CA Corridor Transportation Authority        
Revenue 0.000% 10/1/20 (ETM) 140 134
Alameda CA Corridor Transportation Authority        
Revenue 0.000% 10/1/20 (2) 5 5
Alameda CA Corridor Transportation Authority        
Revenue 5.000% 10/1/34 250 281
Alameda CA Corridor Transportation Authority        
Revenue 0.000% 10/1/35 (14) 315 147
Alameda CA Corridor Transportation Authority        
Revenue 4.000% 10/1/37 (4) 395 400
Alvord CA Unified School District GO 0.000% 8/1/41 (4) 150 52
Alvord CA Unified School District GO 0.000% 8/1/43 (4) 400 125
Anaheim CA Housing & Public Improvements        
Authority Revenue (Electric Utility Distribution        
System) 5.000% 10/1/34 500 559
Anaheim CA Housing & Public Improvements        
Authority Revenue (Electric Utility Distribution        
System) 5.000% 10/1/35 750 838
Anaheim CA Housing & Public Improvements        
Authority Revenue (Electric Utility Distribution        
System) 5.000% 10/1/41 650 726
Anaheim CA Public Financing Authority Lease        
Revenue 0.000% 9/1/32 (4) 1,500 798
Anaheim CA Public Financing Authority Lease        
Revenue 0.000% 9/1/36 (4) 140 61
Anaheim CA Redevelopment Agency Tax        
Allocation Revenue (Merged Redevelopment        
Project Area) 5.000% 2/1/31 (4) 100 103
Baldwin Park CA Unified School District GO 0.000% 8/1/42 (15) 100 23
Bay Area Toll Authority California Toll Bridge        
Revenue (San Francisco Bay Area) 5.000% 4/1/18 (Prere.) 150 156
Bay Area Toll Authority California Toll Bridge        
Revenue (San Francisco Bay Area) 5.125% 4/1/19 (Prere.) 115 124
Bay Area Toll Authority California Toll Bridge        
Revenue (San Francisco Bay Area) 5.250% 4/1/19 (Prere.) 125 135
Bay Area Toll Authority California Toll Bridge        
Revenue (San Francisco Bay Area) 5.000% 4/1/28 355 413
Bay Area Toll Authority California Toll Bridge        
Revenue (San Francisco Bay Area) 5.000% 4/1/43 145 162
Bay Area Toll Authority California Toll Bridge        
Revenue (San Francisco Bay Area) 5.000% 4/1/54 750 826
Bay Area Toll Authority California Toll Bridge        
Revenue (San Francisco Bay Area) 5.000% 10/1/54 2,010 2,212
Bay Area Toll Authority California Toll Bridge        
Revenue (San Francisco Bay Area) 4.000% 4/1/56 365 369
Bay Area Toll Authority California Toll Bridge        
Revenue (San Francisco Bay Area) 5.000% 4/1/56 1,500 1,685
Bay Area Toll Authority California Toll Bridge        
Revenue (San Francisco Bay Area) PUT 1.500% 4/2/18 935 937
Bay Area Toll Authority California Toll Bridge        
Revenue (San Francisco Bay Area) PUT 1.875% 4/1/19 200 202

 

12

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Bay Area Toll Authority California Toll Bridge        
Revenue (San Francisco Bay Area) PUT 2.000% 4/1/21 250 254
Bay Area Toll Authority California Toll Bridge        
Revenue (San Francisco Bay Area) PUT 2.100% 4/1/22 500 507
California Department of Water Resources Power        
Supply Revenue 5.000% 5/1/17 (4) 270 270
California Department of Water Resources Power        
Supply Revenue 5.000% 5/1/17 125 125
California Department of Water Resources Power        
Supply Revenue 4.000% 5/1/18 150 155
California Department of Water Resources Power        
Supply Revenue 5.000% 5/1/18 150 156
California Department of Water Resources Power        
Supply Revenue 5.000% 5/1/18 125 130
California Department of Water Resources Power        
Supply Revenue 5.000% 5/1/18 (Prere.) 190 198
California Department of Water Resources Power        
Supply Revenue 5.000% 5/1/18 (Prere.) 210 219
California Department of Water Resources Power        
Supply Revenue 5.000% 5/1/18 (Prere.) 250 261
California Department of Water Resources Power        
Supply Revenue 5.000% 5/1/18 (Prere.) 250 261
California Department of Water Resources Power        
Supply Revenue 5.000% 5/1/18 (Prere.) 475 495
California Department of Water Resources Power        
Supply Revenue 5.000% 5/1/19 2,305 2,489
California Department of Water Resources Power        
Supply Revenue 5.000% 5/1/19 175 189
California Department of Water Resources Power        
Supply Revenue 5.000% 5/1/20 645 719
California Department of Water Resources Power        
Supply Revenue 5.000% 5/1/21 600 689
California Department of Water Resources Power        
Supply Revenue 5.000% 5/1/21 585 671
California Department of Water Resources Water        
System Revenue (Central Valley Project) 5.000% 6/1/18 (Prere.) 620 648
California Department of Water Resources Water        
System Revenue (Central Valley Project) 5.000% 12/1/19 (Prere.) 100 110
California Department of Water Resources Water        
System Revenue (Central Valley Project) 5.000% 12/1/22 225 267
California Department of Water Resources Water        
System Revenue (Central Valley Project) 5.000% 12/1/26 100 121
California Department of Water Resources Water        
System Revenue (Central Valley Project) 5.000% 12/1/29 825 983
California Department of Water Resources Water        
System Revenue (Central Valley Project) 5.000% 12/1/33 555 664
California Economic Recovery GO 4.600% 7/1/19 (ETM) 1,140 1,228
California Economic Recovery GO 5.000% 7/1/19 (ETM) 350 380
California Economic Recovery GO 5.000% 7/1/19 (Prere.) 325 353
California Educational Facilities Authority Revenue        
(Stanford University) 5.000% 3/15/39 555 703
California Educational Facilities Authority Revenue        
(Stanford University) 5.000% 6/1/43 585 753

 

13

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
California Educational Facilities Authority Revenue        
(Stanford University) 5.000% 5/1/45 650 842
California Educational Facilities Authority Revenue        
(Stanford University) 5.000% 6/1/46 100 130
California Educational Facilities Authority Revenue        
(University of Southern California) 5.000% 10/1/18 (Prere.) 325 344
California Educational Facilities Authority Revenue        
(University of Southern California) 5.250% 10/1/18 (Prere.) 580 617
California GO 5.000% 6/1/17 (Prere.) 335 336
California GO 5.000% 6/1/17 (Prere.) 340 341
California GO 4.000% 9/1/17 2,000 2,022
California GO 3.500% 10/1/17 140 142
California GO 5.000% 11/1/17 (Prere.) 65 66
California GO 5.000% 11/1/17 (Prere.) 595 608
California GO 5.000% 11/1/17 400 408
California GO 5.000% 12/1/17 (Prere.) 200 205
California GO 5.000% 12/1/17 (Prere.) 85 87
California GO 5.000% 12/1/17 (Prere.) 230 236
California GO 6.000% 2/1/18 (2) 100 104
California GO 5.250% 3/1/18 (Prere.) 100 104
California GO 5.250% 3/1/18 (Prere.) 420 436
California GO 5.500% 4/1/18 165 172
California GO 5.000% 8/1/18 700 736
California GO 5.250% 8/1/18 (Prere.) 100 106
California GO 5.000% 9/1/18 1,850 1,950
California GO 5.000% 10/1/18 175 185
California GO 5.000% 2/1/19 300 321
California GO 5.000% 3/1/19 175 188
California GO 5.500% 4/1/19 225 244
California GO 6.000% 4/1/19 165 181
California GO 5.000% 8/1/19 430 468
California GO 5.000% 8/1/19 225 245
California GO 5.000% 8/1/19 100 109
California GO 5.000% 9/1/19 245 267
California GO 5.000% 9/1/19 5 5
California GO 5.000% 10/1/19 310 339
California GO 5.000% 2/1/20 110 122
California GO 5.000% 2/1/20 225 249
California GO 5.000% 8/1/20 500 560
California GO 5.000% 9/1/20 100 112
California GO 5.000% 10/1/20 1,000 1,126
California GO 5.000% 10/1/20 445 501
California GO 5.000% 10/1/20 500 563
California GO 5.250% 10/1/20 500 550
California GO 5.000% 2/1/21 505 574
California GO 5.500% 4/1/21 400 435
California GO 5.000% 9/1/21 245 282
California GO 5.000% 9/1/21 410 472
California GO 5.000% 9/1/21 395 455
California GO 5.000% 10/1/21 125 144
California GO 5.000% 11/1/21 670 774
California GO 5.000% 12/1/21 265 307
California GO 5.000% 2/1/22 175 203
California GO 5.000% 2/1/22 100 116

 

14

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
California GO 5.000% 9/1/22 185 217
California GO 5.000% 9/1/22 350 411
California GO 5.000% 10/1/22 110 129
California GO 5.250% 10/1/22 150 178
California GO 5.000% 12/1/22 150 177
California GO 5.000% 2/1/23 250 288
California GO 5.000% 9/1/23 150 179
California GO 5.000% 9/1/23 100 118
California GO 5.250% 9/1/23 100 116
California GO 5.000% 11/1/23 1,025 1,227
California GO 5.000% 12/1/23 75 90
California GO 5.000% 12/1/23 250 300
California GO 5.000% 3/1/24 500 600
California GO 5.500% 4/1/24 175 190
California GO 5.000% 5/1/24 300 361
California GO 5.000% 8/1/24 100 121
California GO 5.000% 8/1/24 600 724
California GO 5.000% 8/1/24 800 966
California GO 5.250% 9/1/24 25 29
California GO 5.000% 10/1/24 100 121
California GO 5.000% 12/1/24 1,250 1,493
California GO 5.500% 2/1/25 500 622
California GO 5.625% 4/1/25 310 338
California GO 5.000% 8/1/25 1,000 1,214
California GO 5.000% 8/1/25 500 607
California GO 5.000% 10/1/25 590 704
California GO 5.000% 10/1/25 590 704
California GO 5.000% 3/1/26 1,200 1,439
California GO 5.000% 3/1/26 565 677
California GO 5.000% 4/1/26 100 104
California GO 5.000% 8/1/26 585 717
California GO 5.000% 8/1/26 500 603
California GO 5.000% 9/1/26 165 199
California GO 5.000% 9/1/26 145 153
California GO 5.000% 9/1/26 330 405
California GO 5.000% 10/1/26 100 120
California GO 5.000% 11/1/26 100 102
California GO 5.000% 3/1/27 390 464
California GO 4.500% 8/1/27 15 15
California GO 5.000% 9/1/27 50 53
California GO 5.000% 9/1/27 315 368
California GO 5.000% 10/1/27 100 116
California GO 5.000% 10/1/27 170 202
California GO 5.000% 11/1/27 500 587
California GO 5.750% 4/1/28 295 322
California GO 5.000% 8/1/28 825 990
California GO 5.000% 8/1/28 330 392
California GO 4.000% 9/1/28 100 109
California GO 4.000% 9/1/28 200 223
California GO 5.000% 9/1/28 605 691
California GO 5.000% 9/1/28 100 116
California GO 5.000% 10/1/28 700 827
California GO 5.000% 8/1/29 200 236
California GO 3.000% 9/1/29 105 105

 

15

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
California GO 5.000% 9/1/29 1,165 1,328
California GO 5.000% 10/1/29 90 98
California GO 5.000% 10/1/29 750 778
California GO 5.000% 10/1/29 250 294
California GO 5.250% 10/1/29 105 115
California GO 5.000% 12/1/29 75 87
California GO 5.000% 3/1/30 160 187
California GO 5.250% 3/1/30 300 333
California GO 4.500% 8/1/30 225 226
California GO 5.000% 8/1/30 1,500 1,762
California GO 5.000% 8/1/30 50 58
California GO 5.500% 8/1/30 100 106
California GO 5.000% 9/1/30 400 454
California GO 5.000% 9/1/30 1,000 1,184
California GO 5.000% 9/1/30 800 947
California GO 5.000% 10/1/30 340 397
California GO 5.000% 11/1/30 720 833
California GO 5.000% 12/1/30 25 26
California GO 5.000% 12/1/30 950 1,100
California GO 5.000% 2/1/31 50 57
California GO 5.750% 4/1/31 335 365
California GO 5.000% 5/1/31 235 271
California GO 5.000% 8/1/31 300 348
California GO 3.250% 9/1/31 115 116
California GO 5.000% 9/1/31 510 587
California GO 5.000% 9/1/31 200 227
California GO 5.000% 10/1/31 215 250
California GO 5.000% 11/1/31 145 167
California GO 5.000% 5/1/32 50 58
California GO 5.000% 8/1/32 180 211
California GO 5.000% 8/1/32 250 288
California GO 5.250% 8/1/32 (4) 505 640
California GO 5.000% 9/1/32 700 815
California GO 5.000% 9/1/32 500 586
California GO 4.625% 10/1/32 200 223
California GO 5.250% 10/1/32 150 172
California GO 5.000% 11/1/32 475 547
California GO 5.000% 2/1/33 510 577
California GO 6.000% 3/1/33 450 507
California GO 5.125% 4/1/33 1,150 1,193
California GO 6.500% 4/1/33 2,410 2,660
California GO 4.250% 8/1/33 (14) 15 15
California GO 5.000% 8/1/33 275 316
California GO 5.000% 8/1/33 300 345
California GO 3.000% 9/1/33 310 295
California GO 3.375% 9/1/33 210 210
California GO 4.000% 9/1/33 250 263
California GO 5.000% 9/1/33 1,000 1,165
California GO 4.000% 8/1/34 275 286
California GO 5.000% 8/1/34 165 190
California GO 4.000% 9/1/34 250 262
California GO 4.000% 9/1/34 355 372
California GO 5.000% 9/1/34 945 1,095
California GO 5.000% 9/1/34 750 869

 

16

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
California GO 5.500% 11/1/34 100 110
California GO 5.500% 11/1/34 145 160
California GO 5.250% 4/1/35 35 40
California GO 6.000% 4/1/35 1,445 1,581
California GO 5.000% 8/1/35 330 376
California GO 4.000% 9/1/35 250 260
California GO 5.375% 11/1/35 50 56
California GO 3.750% 12/1/35 500 504
California GO 5.600% 3/1/36 545 609
California GO 5.125% 8/1/36 325 341
California GO 4.000% 9/1/36 2,000 2,077
California GO 4.000% 9/1/36 250 260
California GO 4.000% 9/1/37 250 259
California GO 4.000% 9/1/37 45 47
California GO 5.000% 11/1/37 45 46
California GO 5.000% 12/1/37 5 5
California GO 5.000% 2/1/38 265 297
California GO 5.250% 3/1/38 215 222
California GO 5.000% 4/1/38 1,305 1,352
California GO 6.000% 4/1/38 1,230 1,346
California GO 5.250% 8/1/38 100 105
California GO 5.000% 10/1/39 120 136
California GO 6.000% 11/1/39 325 364
California GO 5.500% 3/1/40 245 272
California GO 5.250% 11/1/40 1,015 1,142
California GO 5.000% 9/1/41 935 1,038
California GO 5.000% 10/1/41 865 962
California GO 5.000% 4/1/42 200 221
California GO 5.000% 9/1/42 575 640
California GO 5.000% 2/1/43 255 284
California GO 5.000% 4/1/43 1,100 1,230
California GO 4.875% 11/1/43 265 297
California GO 5.000% 11/1/43 730 824
California GO 4.500% 12/1/43 405 432
California GO 4.000% 11/1/44 200 205
California GO 5.000% 8/1/45 500 567
California GO PUT 3.000% 12/1/19 125 129
California GO PUT 4.000% 12/1/21 500 550
California Infrastructure & Economic Development        
Bank Revenue (State Clean Water Revolving        
Fund) 5.000% 10/1/28 1,000 1,242
California Public Works Board Lease Revenue 5.000% 10/1/28 500 604
California Public Works Board Lease Revenue 5.000% 10/1/29 500 599
California Public Works Board Lease Revenue        
(Department of Corrections) 5.000% 9/1/20 100 112
California Public Works Board Lease Revenue        
(Department of Corrections) 5.000% 9/1/21 285 327
California Public Works Board Lease Revenue        
(Department of Corrections) 4.000% 6/1/28 60 65
California Public Works Board Lease Revenue        
(Department of Corrections) 5.000% 9/1/29 240 278
California Public Works Board Lease Revenue        
(Department of Corrections) 5.000% 9/1/32 245 280

 

17

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
California Public Works Board Lease Revenue        
(Department of Corrections) 5.000% 9/1/33 650 739
California Public Works Board Lease Revenue        
(Department of Corrections) 5.000% 9/1/39 300 336
California Public Works Board Lease Revenue        
(Department of General Services) 5.000% 5/1/18 150 156
California Public Works Board Lease Revenue        
(Department of State Hospitals) 5.000% 6/1/26 325 378
California Public Works Board Lease Revenue        
(Judicial Council Projects) 5.000% 12/1/24 150 172
California Public Works Board Lease Revenue        
(Judicial Council Projects) 5.250% 12/1/25 250 288
California Public Works Board Lease Revenue        
(Regents of The University of California) 5.000% 12/1/21 (Prere.) 205 238
California Public Works Board Lease Revenue        
(Various Capital Projects) 5.750% 10/1/19 (Prere.) 200 222
California Public Works Board Lease Revenue        
(Various Capital Projects) 5.000% 4/1/21 525 596
California Public Works Board Lease Revenue        
(Various Capital Projects) 5.000% 5/1/21 1,495 1,701
California Public Works Board Lease Revenue        
(Various Capital Projects) 5.250% 11/1/28 300 353
California Public Works Board Lease Revenue        
(Various Capital Projects) 5.000% 11/1/29 100 115
California Public Works Board Lease Revenue        
(Various Capital Projects) 5.125% 10/1/31 35 39
California Public Works Board Lease Revenue        
(Various Capital Projects) 5.000% 4/1/37 205 227
California Public Works Board Lease Revenue        
(Various Capital Projects) 5.000% 11/1/38 115 129
California State University Systemwide Revenue 5.250% 5/1/19 (Prere.) 255 277
California State University Systemwide Revenue 5.250% 5/1/19 (Prere.) 90 98
California State University Systemwide Revenue 5.000% 11/1/29 255 300
California State University Systemwide Revenue 5.000% 11/1/30 500 595
California State University Systemwide Revenue 4.000% 11/1/31 500 537
California State University Systemwide Revenue 5.000% 11/1/31 150 175
California State University Systemwide Revenue 5.000% 11/1/31 510 600
California State University Systemwide Revenue 5.000% 11/1/32 50 58
California State University Systemwide Revenue 4.000% 11/1/34 125 132
California State University Systemwide Revenue 5.000% 11/1/34 650 747
California State University Systemwide Revenue 4.000% 11/1/35 235 247
California State University Systemwide Revenue 4.000% 11/1/37 375 391
California State University Systemwide Revenue 5.000% 11/1/37 325 366
California State University Systemwide Revenue 5.000% 11/1/37 350 403
California State University Systemwide Revenue 4.000% 11/1/38 625 650
California State University Systemwide Revenue 5.000% 11/1/38 500 580
California State University Systemwide Revenue 5.000% 11/1/41 490 560
California State University Systemwide Revenue 4.000% 11/1/43 200 206
California State University Systemwide Revenue 4.000% 11/1/45 955 982
California State University Systemwide Revenue 5.000% 11/1/47 115 132
California State University Systemwide Revenue 5.000% 11/1/47 815 926
Centinela Valley CA Union High School District GO 4.000% 8/1/50 (4) 300 306

 

18

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Chino Basin Regional Financing Authority        
California Revenue (Inland Empire Utilities        
Agency) 5.000% 11/1/17 (Prere.) 200 204
Chino Basin Regional Financing Authority        
California Revenue (Inland Empire Utilities        
Agency) 5.000% 11/1/17 (Prere.) 100 102
Clovis CA Unified School District GO 4.000% 8/1/40 150 154
Coast CA Community College District GO 5.000% 8/1/18 (Prere.) 115 121
Coast CA Community College District GO 4.000% 8/1/38 125 130
Coast CA Community College District GO 5.000% 8/1/38 880 996
Colton CA Joint Unified School District GO 0.000% 8/1/42 (4) 110 36
Contra Costa CA Community College District GO 5.000% 8/1/38 150 170
Corona-Norco CA Unified School District GO 0.000% 8/1/39 (4) 400 153
Cypress CA Elementary School District GO 0.000% 8/1/40 250 92
East Bay CA Municipal Utility District Water        
System Revenue 5.000% 6/1/17 (Prere.) 400 402
East Bay CA Municipal Utility District Water        
System Revenue 5.000% 6/1/19 150 163
East Bay CA Municipal Utility District Water        
System Revenue 5.000% 6/1/21 300 345
East Bay CA Municipal Utility District Water        
System Revenue 5.000% 6/1/30 150 178
East Bay CA Municipal Utility District Water        
System Revenue 5.000% 6/1/32 145 170
East Bay CA Municipal Utility District Water        
System Revenue 5.000% 6/1/35 410 476
East Bay CA Municipal Utility District Water        
System Revenue 5.000% 6/1/37 150 173
East Bay CA Municipal Utility District Water        
System Revenue 4.000% 6/1/45 120 123
Eastern California Municipal Water District Water        
& Sewer COP 5.000% 7/1/18 (Prere.) 200 210
Fremont CA Union High School District GO 4.000% 8/1/40 725 752
Fresno CA Unified School District GO 4.000% 8/1/41 500 514
Gilroy CA School Facilities Finance Authority        
Revenue 4.000% 8/1/42 520 528
Imperial CA Irrigation District Electric Revenue 5.000% 11/1/18 (Prere.) 105 112
Irvine CA Ranch Water District Revenue 5.250% 2/1/46 575 678
Long Beach CA Community College District GO 4.000% 8/1/42 500 513
Long Beach CA Unified School District GO 0.000% 8/1/32 100 55
Long Beach CA Unified School District GO 4.000% 8/1/45 350 361
Los Angeles CA Community College District GO 5.000% 8/1/18 (Prere.) 2,340 2,463
Los Angeles CA Community College District GO 5.000% 8/1/26 150 181
Los Angeles CA Community College District GO 5.000% 8/1/27 175 210
Los Angeles CA Community College District GO 5.000% 8/1/28 570 679
Los Angeles CA Community College District GO 5.000% 8/1/29 250 296
Los Angeles CA Community College District GO 5.000% 8/1/30 285 336
Los Angeles CA Community College District GO 5.000% 8/1/31 520 609
Los Angeles CA Community College District GO 4.000% 8/1/32 100 107
Los Angeles CA Community College District GO 5.000% 8/1/36 100 116
Los Angeles CA Community College District GO 4.000% 8/1/37 1,000 1,054
Los Angeles CA Community College District GO 4.000% 8/1/39 325 337
Los Angeles CA Department of Airports        
International Airport Revenue 5.000% 5/15/29 100 108

 

19

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Los Angeles CA Department of Airports        
International Airport Revenue 5.250% 5/15/29 250 271
Los Angeles CA Department of Airports        
International Airport Revenue 5.000% 5/15/35 795 877
Los Angeles CA Department of Airports        
International Airport Revenue 5.000% 5/15/35 160 181
Los Angeles CA Department of Airports        
International Airport Revenue 5.000% 5/15/40 1,330 1,467
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/18 860 901
Los Angeles CA Department of Water & Power        
Revenue 5.000% 12/1/18 1,500 1,591
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/20 340 382
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/24 125 148
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/29 140 162
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/29 245 287
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/32 130 150
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/35 300 344
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/37 1,000 1,164
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/39 (2) 200 201
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/42 1,250 1,446
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/43 1,725 1,934
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/43 1,515 1,702
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/43 180 202
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/44 150 170
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/44 (2) 500 503
Los Angeles CA Department of Water & Power        
Revenue 5.000% 7/1/44 150 170
Los Angeles CA GO 4.500% 9/1/18 (Prere.) 160 168
Los Angeles CA GO 4.500% 9/1/28 40 42
Los Angeles CA Harbor Department Revenue 5.000% 8/1/44 375 422
Los Angeles CA Municipal Improvement Corp.        
Lease Revenue 5.000% 11/1/25 85 103
Los Angeles CA Municipal Improvement Corp.        
Lease Revenue 4.000% 11/1/33 860 890
Los Angeles CA Municipal Improvement Corp.        
Lease Revenue 4.000% 11/1/35 900 921
Los Angeles CA Unified School District GO 4.500% 7/1/17 (Prere.) 100 101
Los Angeles CA Unified School District GO 5.000% 7/1/17 (Prere.) 100 101
Los Angeles CA Unified School District GO 5.000% 7/1/17 (Prere.) 100 101

 

20

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Los Angeles CA Unified School District GO 5.500% 7/1/17 (3) 100 101
Los Angeles CA Unified School District GO 5.000% 7/1/19 70 76
Los Angeles CA Unified School District GO 5.000% 7/1/20 985 1,103
Los Angeles CA Unified School District GO 5.000% 7/1/21 490 564
Los Angeles CA Unified School District GO 5.000% 7/1/21 250 288
Los Angeles CA Unified School District GO 4.500% 7/1/22 (4) 530 533
Los Angeles CA Unified School District GO 5.000% 7/1/22 110 129
Los Angeles CA Unified School District GO 5.000% 7/1/22 265 312
Los Angeles CA Unified School District GO 5.000% 7/1/23 100 120
Los Angeles CA Unified School District GO 5.000% 7/1/24 500 608
Los Angeles CA Unified School District GO 5.000% 7/1/25 200 246
Los Angeles CA Unified School District GO 5.000% 7/1/26 75 92
Los Angeles CA Unified School District GO 5.000% 7/1/27 235 282
Los Angeles CA Unified School District GO 4.250% 1/1/28 (3) 100 101
Los Angeles CA Unified School District GO 4.500% 1/1/28 (14) 505 508
Los Angeles CA Unified School District GO 5.000% 7/1/28 115 131
Los Angeles CA Unified School District GO 5.000% 7/1/28 395 469
Los Angeles CA Unified School District GO 5.000% 7/1/29 295 351
Los Angeles CA Unified School District GO 5.200% 7/1/29 200 217
Los Angeles CA Unified School District GO 3.000% 7/1/32 140 137
Los Angeles CA Unified School District GO 5.000% 7/1/32 300 340
Los Angeles CA Unified School District GO 5.000% 1/1/34 740 798
Los Angeles CA Unified School District GO 5.000% 1/1/34 140 151
Los Angeles CA Unified School District GO 4.000% 7/1/40 835 857
Los Angeles CA Wastewater System Revenue 5.000% 6/1/23 100 120
Los Angeles CA Wastewater System Revenue 5.000% 6/1/35 500 568
Los Angeles CA Wastewater System Revenue 5.000% 6/1/45 250 283
Los Angeles County CA Metropolitan        
Transportation Authority Sales Tax Revenue 5.000% 6/1/37 250 291
Los Angeles County CA Public Works Financing        
Authority Lease Revenue 5.000% 8/15/18 (Prere.) 100 105
Los Angeles County CA Public Works Financing        
Authority Lease Revenue 5.000% 8/1/37 430 485
Los Angeles County CA Public Works Financing        
Authority Lease Revenue 4.000% 12/1/40 1,295 1,325
Los Angeles County CA Public Works Financing        
Authority Lease Revenue 5.000% 8/1/42 400 447
Los Angeles County CA Sanitation Districts        
Financing Authority Revenue 5.000% 10/1/20 55 62
Los Angeles County CA Sanitation Districts        
Financing Authority Revenue 4.000% 10/1/42 250 253
Los Angeles County CA Unified School District        
GO 5.000% 7/1/28 200 244
Los Angeles County CA Unified School District        
GO 5.000% 7/1/30 1,150 1,382
Metropolitan Water District of Southern California        
Revenue 5.000% 7/1/35 100 108
Metropolitan Water District of Southern California        
Revenue 5.000% 7/1/37 2,420 2,437
Mount San Antonio CA Community College        
District GO 0.000% 8/1/43 150 111
New Haven CA Unified School District GO 0.000% 8/1/33 (12) 125 67
New Haven CA Unified School District GO 0.000% 8/1/34 (12) 120 61

 

21

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Orange County CA Sanitation District Wastewater        
Revenue 3.000% 2/1/31 250 252
Orange County CA Sanitation District Wastewater        
Revenue 4.000% 2/1/32 1,185 1,250
Orange County CA Water District Revenue 5.000% 8/15/19 (Prere.) 125 136
Peralta CA Community College District Revenue 4.000% 8/1/39 350 359
Pittsburg CA Unified School District Financing        
Authority Revenue 5.500% 9/1/21 (Prere.) 350 412
Poway CA Unified School District GO 0.000% 8/1/33 300 160
Riverside County CA Transportation Commission        
Sales Tax Revenue 5.250% 6/1/39 515 596
Sacramento CA Municipal Utility District Revenue 5.000% 8/15/18 (Prere.) 40 42
Sacramento CA Municipal Utility District Revenue 5.000% 8/15/20 195 219
Sacramento CA Municipal Utility District Revenue 5.000% 8/15/27 (4) 60 63
Sacramento CA Municipal Utility District Revenue 5.000% 8/15/37 75 85
Sacramento CA Municipal Utility District Revenue 5.000% 8/15/41 105 118
Sacramento CA Regional Transportation District        
Farebox Revenue 5.000% 3/1/42 150 164
Sacramento CA Water Revenue 5.000% 9/1/38 425 482
Sacramento County CA Airport Revenue 6.000% 7/1/18 (Prere.) 170 180
Sacramento County CA Airport Revenue 5.000% 7/1/40 1,225 1,339
San Diego CA Community College District GO 5.000% 8/1/27 70 87
San Diego CA Community College District GO 5.000% 8/1/30 95 112
San Diego CA Community College District GO 5.000% 8/1/31 735 876
San Diego CA Community College District GO 5.000% 8/1/43 300 342
San Diego CA Public Facilities Financing Authority        
Lease Revenue 5.000% 9/1/28 125 138
San Diego CA Public Facilities Financing Authority        
Lease Revenue 5.250% 3/1/40 170 187
San Diego CA Public Facilities Financing Authority        
Sewer Revenue 5.000% 5/15/17 115 115
San Diego CA Public Facilities Financing Authority        
Sewer Revenue 5.000% 5/15/19 (Prere.) 180 195
San Diego CA Public Facilities Financing Authority        
Sewer Revenue 5.250% 5/15/19 (Prere.) 250 272
San Diego CA Public Facilities Financing Authority        
Sewer Revenue 5.250% 5/15/19 (Prere.) 1,020 1,108
San Diego CA Public Facilities Financing Authority        
Sewer Revenue 5.500% 5/15/19 (Prere.) 300 327
San Diego CA Public Facilities Financing Authority        
Sewer Revenue 5.250% 5/15/20 (Prere.) 100 112
San Diego CA Public Facilities Financing Authority        
Sewer Revenue 5.000% 5/15/22 100 118
San Diego CA Public Facilities Financing Authority        
Sewer Revenue 5.000% 5/15/27 230 284
San Diego CA Public Facilities Financing Authority        
Water Revenue 5.000% 8/1/24 85 104
San Diego CA Public Facilities Financing Authority        
Water Revenue 5.000% 8/1/27 200 246
San Diego CA Public Facilities Financing Authority        
Water Revenue 5.000% 5/1/37 275 320
San Diego CA Unified School District GO 5.000% 7/1/26 150 183
San Diego CA Unified School District GO 5.250% 7/1/28 (4) 150 189
San Diego CA Unified School District GO 4.000% 7/1/29 100 111

 

22

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
San Diego CA Unified School District GO 5.000% 7/1/29 180 217
San Diego CA Unified School District GO 4.000% 7/1/32 500 539
San Diego CA Unified School District GO 4.000% 7/1/33 250 267
San Diego CA Unified School District GO 0.000% 7/1/35 295 144
San Diego CA Unified School District GO 0.000% 7/1/35 475 234
San Diego CA Unified School District GO 5.000% 7/1/35 100 113
San Diego CA Unified School District GO 0.000% 7/1/36 340 159
San Diego CA Unified School District GO 0.000% 7/1/37 375 167
San Diego CA Unified School District GO 0.000% 7/1/38 170 73
San Diego CA Unified School District GO 5.000% 7/1/40 200 229
San Diego CA Unified School District GO 4.000% 8/1/41 225 234
San Diego CA Unified School District GO 0.000% 7/1/42 150 86
San Diego CA Unified School District GO 4.000% 7/1/45 225 230
San Diego CA Unified School District GO 0.000% 7/1/47 250 72
San Diego CA Unified School District GO 0.000% 7/1/47 835 481
San Diego County CA Regional Transportation        
Commission Sales Tax Revenue 5.000% 4/1/41 140 162
San Diego County CA Regional Transportation        
Commission Sales Tax Revenue 5.000% 4/1/42 350 396
San Diego County CA Regional Transportation        
Commission Sales Tax Revenue 5.000% 4/1/44 110 124
San Diego County CA Regional Transportation        
Commission Sales Tax Revenue 4.750% 4/1/48 465 511
San Diego County CA Water Authority Revenue 5.000% 5/1/18 (Prere.) 30 31
San Diego County CA Water Authority Revenue 5.000% 5/1/18 (Prere.) 140 146
San Diego County CA Water Authority Revenue 5.000% 5/1/33 110 130
San Diego County CA Water Authority Revenue 5.000% 5/1/36 120 140
San Diego County CA Water Authority Revenue 5.000% 5/1/38 290 337
San Diego County CA Water Authority Revenue        
COP 5.000% 5/1/18 (Prere.) 100 104
San Francisco CA Bay Area Rapid Transit District        
GO 4.000% 8/1/33 1,270 1,358
San Francisco CA Bay Area Rapid Transit District        
GO 4.000% 8/1/34 100 106
San Francisco CA City & County (War Memorial        
Veterans Building Seismic Upgrade &        
Improvements) COP 4.000% 4/1/45 380 391
San Francisco CA City & County GO 5.000% 6/15/26 100 119
San Francisco CA City & County GO 5.000% 10/1/28 100 112
San Francisco CA City & County International        
Airport Revenue 4.900% 5/1/29 100 109
San Francisco CA City & County International        
Airport Revenue 6.000% 5/1/39 125 137
San Francisco CA City & County International        
Airport Revenue 5.000% 5/1/43 130 143
San Francisco CA City & County International        
Airport Revenue 5.000% 5/1/46 955 1,080
San Francisco CA City & County Public Utilities        
Commission Wastewater Revenue 4.000% 10/1/39 135 139
San Francisco CA City & County Public Utilities        
Commission Water Revenue 5.000% 11/1/19 (Prere.) 100 110
San Francisco CA City & County Public Utilities        
Commission Water Revenue 5.000% 11/1/30 320 367

 

23

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
San Francisco CA City & County Public Utilities        
Commission Water Revenue 5.000% 11/1/32 155 177
San Francisco CA City & County Public Utilities        
Commission Water Revenue 5.000% 11/1/32 595 695
San Francisco CA City & County Public Utilities        
Commission Water Revenue 5.000% 11/1/34 420 493
San Francisco CA City & County Public Utilities        
Commission Water Revenue 4.000% 11/1/36 100 105
San Francisco CA City & County Public Utilities        
Commission Water Revenue 4.000% 11/1/39 125 129
San Francisco CA City & County Public Utilities        
Commission Water Revenue 4.000% 11/1/41 250 254
San Francisco CA City & County Public Utilities        
Commission Water Revenue 5.000% 11/1/41 1,175 1,330
San Joaquin Hills CA Transportation Corridor        
Agency Toll Road Revenue 0.000% 1/1/28 (ETM) 100 76
San Joaquin Hills CA Transportation Corridor        
Agency Toll Road Revenue 5.000% 1/15/44 800 871
San Joaquin Hills CA Transportation Corridor        
Agency Toll Road Revenue 5.000% 1/15/50 100 109
San Jose CA Airport Revenue 5.000% 3/1/47 500 564
San Jose CA Finance Authority Revenue (Civic        
Center Project) 5.000% 6/1/39 240 270
San Jose CA Unified School District Santa Clara        
County GO 5.000% 8/1/18 (Prere.) 100 105
San Marcos CA Unified School District GO 0.000% 8/1/51 100 19
San Mateo CA Union High School District GO 5.000% 9/1/21 (Prere.) 10 12
San Mateo CA Union High School District GO 4.000% 9/1/34 800 847
San Mateo CA Union High School District GO 0.000% 9/1/41 100 78
San Mateo CA Union High School District GO 5.000% 9/1/42 90 101
Santa Barbara CA Secondary/High School District        
GO 0.000% 8/1/36 200 87
Santa Clara County CA GO 5.000% 8/1/34 250 272
Santa Clara Valley CA Water District Revenue 5.000% 6/1/46 995 1,141
Southern California Public Power Authority        
Revenue (Transmission Project) 6.000% 7/1/18 (Prere.) 1,000 1,061
Southern California Public Power Authority        
Revenue (Windy Point/Windy Flats Project) 5.000% 7/1/25 120 134
Southern California Water Replenishment District        
Financing Authority Revenue 5.000% 8/1/41 680 777
Tulare County CA Transportation Authority Sales        
Tax Revenue 5.000% 2/1/29 120 140
Turlock CA Irrigation District Revenue 5.000% 1/1/20 (Prere.) 210 231
Turlock CA Irrigation District Revenue 5.500% 1/1/41 2,485 2,792
University of California Regents Medical Center        
Pooled Revenue 4.000% 5/15/37 300 309
University of California Revenue 5.000% 5/15/22 100 118
University of California Revenue 5.000% 5/15/23 500 598
University of California Revenue 5.000% 5/15/25 150 184
University of California Revenue 5.000% 5/15/27 75 90
University of California Revenue 5.000% 5/15/29 1,280 1,497
University of California Revenue 5.000% 5/15/29 295 349
University of California Revenue 5.000% 5/15/31 55 64
University of California Revenue 5.000% 5/15/32 2,050 2,381

 

24

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
University of California Revenue 5.000% 5/15/32 210 243
University of California Revenue 5.000% 5/15/33 700 806
University of California Revenue 4.000% 5/15/36 350 366
University of California Revenue 5.000% 5/15/37 100 114
University of California Revenue 5.000% 5/15/38 300 341
University of California Revenue 5.000% 5/15/40 140 159
University of California Revenue 5.000% 5/15/41 105 120
University of California Revenue 5.000% 5/15/42 640 725
University of California Revenue 5.000% 5/15/46 1,370 1,562
University of California Revenue PUT 5.000% 5/15/23 205 244
Ventura County CA Public Financing Authority        
Lease Revenue 5.000% 11/1/38 170 192
Ventura County CA Public Financing Authority        
Lease Revenue 4.000% 11/1/43 115 118
Ventura County CA Public Financing Authority        
Lease Revenue 5.000% 11/1/43 195 223
West Contra Costa CA Unified School District        
GO 4.000% 8/1/54 165 167
William S. Hart Union High School District        
California GO 4.000% 8/1/38 100 103
Yosemite CA Community College District GO 5.000% 8/1/18 (Prere.) 100 105
Yosemite CA Community College District GO 5.000% 8/1/32 100 117
Yosemite CA Community College District GO 0.000% 8/1/42 1,180 761
        227,315
Colorado (0.6%)        
Adams & Arapahoe CO Joint School District No.        
28J GO 5.000% 12/1/32 435 515
Adams County CO COP 4.000% 12/1/45 280 285
Board of Governors of the Colorado State        
University System Enterprise Revenue 5.000% 3/1/47 125 139
Boulder Larimer & Weld Counties CO St. Vrain        
Valley School District GO 5.000% 12/15/18 (Prere.) 100 106
Boulder Valley CO School District GO 5.000% 12/1/42 970 1,126
Colorado Higher Education Capital Construction        
Lease Purchase Financing Program COP 5.250% 11/1/18 (Prere.) 155 165
Colorado Higher Education Capital Construction        
Lease Purchase Financing Program COP 5.500% 11/1/18 (Prere.) 400 427
Colorado Public Highway Authority Capital        
Appreciation Revenue 0.000% 9/1/35 235 107
Colorado Springs CO Utility System Revenue 5.000% 11/15/43 50 57
Denver CO City & County Airport Revenue 5.000% 11/15/25 275 329
Denver CO City & County Airport Revenue 5.000% 11/15/33 200 227
Denver CO City & County Airport Revenue 4.000% 11/15/43 170 172
Denver CO City & County Dedicated Tax        
Revenue 5.000% 8/1/44 435 495
Denver CO City & County Dedicated Tax        
Revenue 4.000% 8/1/46 150 154
Denver CO City & County School District GO 4.000% 12/1/41 200 209
E-470 Public Highway Authority Colorado        
Revenue 0.000% 9/1/29 (14) 200 127
E-470 Public Highway Authority Colorado        
Revenue 0.000% 9/1/30 (14) 705 425
E-470 Public Highway Authority Colorado        
Revenue 0.000% 9/1/32 (14) 155 85

 

25

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
E-470 Public Highway Authority Colorado        
Revenue 0.000% 9/1/37 (14) 350 135
Regional Transportation District of Colorado COP 5.000% 6/1/39 245 271
Regional Transportation District of Colorado COP 4.000% 6/1/40 345 351
Regional Transportation District of Colorado Sales        
Tax Revenue (FasTracks Project) 5.000% 11/1/26 50 58
Regional Transportation District of Colorado Sales        
Tax Revenue (FasTracks Project) 5.000% 11/1/28 200 248
Regional Transportation District of Colorado Sales        
Tax Revenue (FasTracks Project) 5.000% 11/1/29 350 406
Regional Transportation District of Colorado Sales        
Tax Revenue (FasTracks Project) 4.500% 11/1/34 (4) 80 81
University of Colorado Enterprise System        
Revenue 5.000% 6/1/37 125 141
University of Colorado Enterprise System        
Revenue 5.000% 6/1/43 250 281
        7,122
Connecticut (1.2%)        
Connecticut GO 5.000% 12/1/17 (Prere.) 100 102
Connecticut GO 5.000% 10/15/20 150 167
Connecticut GO 5.000% 11/1/20 1,000 1,114
Connecticut GO 5.000% 12/1/21 400 438
Connecticut GO 5.000% 10/15/22 70 81
Connecticut GO 5.000% 10/15/22 180 208
Connecticut GO 5.000% 3/15/24 275 321
Connecticut GO 5.000% 6/15/25 625 735
Connecticut GO 5.000% 10/15/25 750 885
Connecticut GO 5.000% 10/15/25 100 115
Connecticut GO 5.000% 6/15/26 800 934
Connecticut GO 5.000% 11/1/26 315 333
Connecticut GO 5.000% 8/15/27 500 587
Connecticut GO 5.000% 11/15/27 500 582
Connecticut GO 4.000% 9/15/28 265 284
Connecticut GO 5.000% 11/15/28 300 347
Connecticut GO 5.000% 11/1/31 170 191
Connecticut Health & Educational Facilities        
Authority Revenue (Yale University) 4.700% 7/1/29 100 101
Connecticut Health & Educational Facilities        
Authority Revenue (Yale University) 4.850% 7/1/37 1,090 1,097
Connecticut Health & Educational Facilities        
Authority Revenue (Yale University) 5.000% 7/1/40 1,485 1,553
Connecticut Health & Educational Facilities        
Authority Revenue (Yale University) 5.050% 7/1/42 200 201
Connecticut Health & Educational Facilities        
Authority Revenue (Yale University) PUT 1.375% 7/11/18 100 100
Connecticut Special Tax Revenue (Transportation        
Infrastructure) 5.000% 2/1/19 175 187
Connecticut Special Tax Revenue (Transportation        
Infrastructure) 5.000% 8/1/23 315 370
Connecticut Special Tax Revenue (Transportation        
Infrastructure) 5.000% 9/1/24 150 178
Connecticut Special Tax Revenue (Transportation        
Infrastructure) 5.000% 9/1/26 1,005 1,209

 

26

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Connecticut Special Tax Revenue (Transportation        
Infrastructure) 5.000% 9/1/26 150 178
Connecticut Special Tax Revenue (Transportation        
Infrastructure) 5.000% 8/1/27 100 117
Connecticut Special Tax Revenue (Transportation        
Infrastructure) 5.000% 9/1/27 105 124
Connecticut Special Tax Revenue (Transportation        
Infrastructure) 5.000% 1/1/29 365 419
Connecticut Special Tax Revenue (Transportation        
Infrastructure) 5.000% 9/1/29 500 583
Connecticut Special Tax Revenue (Transportation        
Infrastructure) 5.000% 8/1/30 300 343
Connecticut Special Tax Revenue (Transportation        
Infrastructure) 5.000% 10/1/30 225 261
Connecticut Special Tax Revenue (Transportation        
Infrastructure) 5.000% 10/1/33 100 114
Connecticut Special Tax Revenue (Transportation        
Infrastructure) 5.000% 8/1/35 500 556
        15,115
Delaware (0.1%)        
Delaware GO 5.000% 7/1/23 400 480
Delaware Transportation Authority Transportation        
System Revenue 5.000% 6/1/55 450 486
        966
District of Columbia (1.1%)        
District of Columbia GO 5.000% 12/1/17 (Prere.) 630 645
District of Columbia GO 5.000% 6/1/23 750 894
District of Columbia GO 5.000% 6/1/24 75 89
District of Columbia GO 4.500% 6/1/25 (2) 95 95
District of Columbia GO 4.750% 6/1/33 (14) 520 522
District of Columbia GO 5.000% 6/1/33 155 178
District of Columbia GO 5.000% 6/1/33 (13) 105 109
District of Columbia GO 4.750% 6/1/36 (14) 400 401
District of Columbia GO 5.000% 6/1/36 300 344
District of Columbia GO 4.500% 6/1/37 (14) 100 100
District of Columbia GO 5.000% 6/1/38 865 981
District of Columbia GO 4.000% 6/1/41 170 175
District of Columbia GO 5.000% 6/1/41 500 576
District of Columbia GO 5.000% 6/1/41 250 286
District of Columbia Income Tax Revenue 5.000% 12/1/23 150 176
District of Columbia Income Tax Revenue 5.250% 12/1/26 420 462
District of Columbia Income Tax Revenue 5.000% 12/1/28 230 255
District of Columbia Income Tax Revenue 5.000% 12/1/30 120 137
District of Columbia Income Tax Revenue 5.000% 12/1/31 300 341
District of Columbia Income Tax Revenue 5.250% 12/1/34 475 523
District of Columbia Income Tax Revenue 5.000% 12/1/36 1,800 2,047
District of Columbia Revenue (Georgetown        
University) 5.250% 10/1/18 (Prere.) 235 249
District of Columbia Revenue (Georgetown        
University) 5.000% 4/1/30 150 177
District of Columbia Revenue (Georgetown        
University) 5.000% 4/1/34 260 299
District of Columbia Water & Sewer Authority        
Public Utility Revenue 5.250% 10/1/40 100 117

 

27

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
District of Columbia Water & Sewer Authority        
Public Utility Revenue 5.000% 10/1/44 285 322
District of Columbia Water & Sewer Authority        
Public Utility Revenue 5.000% 10/1/45 930 1,051
Metropolitan Washington DC/VA Airports        
Authority Airport System Revenue 5.000% 10/1/35 175 192
Metropolitan Washington DC/VA Airports        
Authority Airport System Revenue 5.000% 10/1/39 240 264
Metropolitan Washington DC/VA Airports        
Authority Dulles Toll Road Revenue 5.000% 10/1/39 20 22
Metropolitan Washington DC/VA Airports        
Authority Dulles Toll Road Revenue (Dulles        
Metrorail & Capital Improvement Projects) 0.000% 10/1/37 1,160 446
Metropolitan Washington DC/VA Airports        
Authority Dulles Toll Road Revenue (Dulles        
Metrorail & Capital Improvement Projects) 0.000% 10/1/39 90 32
Metropolitan Washington DC/VA Airports        
Authority Dulles Toll Road Revenue (Dulles        
Metrorail & Capital Improvement Projects) 0.000% 10/1/40 (12) 1,000 355
Metropolitan Washington DC/VA Airports        
Authority Dulles Toll Road Revenue (Dulles        
Metrorail & Capital Improvement Projects) 5.250% 10/1/44 20 22
Metropolitan Washington DC/VA Airports        
Authority Dulles Toll Road Revenue (Dulles        
Metrorail & Capital Improvement Projects) 5.000% 10/1/53 950 996
        13,880
Florida (4.1%)        
Broward County FL Airport System Revenue 4.000% 10/1/42 240 245
Broward County FL Airport System Revenue 5.000% 10/1/42 420 465
Broward County FL School Board COP 5.250% 7/1/18 (Prere.) 60 63
Broward County FL School Board COP 5.000% 7/1/24 125 148
Broward County FL Water & Sewer Utility        
Revenue 5.250% 10/1/18 (Prere.) 500 530
Cape Coral FL Water & Sewer System Revenue 5.000% 10/1/41 (4) 380 425
Central Florida Expressway Authority BAN 4.000% 7/1/37 270 278
Central Florida Expressway Authority Revenue 4.000% 7/1/30 500 533
Central Florida Expressway Authority Revenue 5.000% 7/1/34 115 131
Central Florida Expressway Authority Revenue 4.000% 7/1/35 500 518
Central Florida Expressway Authority Revenue 4.000% 7/1/38 625 641
Central Florida Expressway Authority Revenue 4.000% 7/1/39 450 460
Citizens Property Insurance Corp. Florida        
Revenue (Personal Lines Account/Commercial        
Lines Account) 5.000% 6/1/19 310 334
Clearwater FL Water & Sewer Revenue 5.250% 12/1/19 (Prere.) 105 116
Duval County FL School Board COP 5.000% 7/1/17 (Prere.) 300 302
Florida Board of Education Lottery Revenue 5.000% 7/1/20 1,400 1,564
Florida Board of Education Lottery Revenue 5.000% 7/1/24 285 343
Florida Board of Education Public Education        
Capital Outlay GO 5.000% 6/1/17 100 100
Florida Board of Education Public Education        
Capital Outlay GO 5.000% 6/1/18 205 214
Florida Board of Education Public Education        
Capital Outlay GO 5.000% 6/1/21 110 123

 

28

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Florida Board of Education Public Education        
Capital Outlay GO 5.000% 6/1/22 1,595 1,873
Florida Board of Education Public Education        
Capital Outlay GO 5.000% 6/1/25 250 285
Florida Board of Education Public Education        
Capital Outlay GO 5.000% 6/1/25 225 263
Florida Board of Education Public Education        
Capital Outlay GO 5.000% 6/1/33 715 789
Florida Board of Education Public Education        
Capital Outlay GO 5.000% 6/1/36 180 198
Florida Board of Education Public Education        
Capital Outlay GO 4.750% 6/1/37 (14) 145 147
Florida Board of Education Public Education        
Capital Outlay GO 5.500% 6/1/38 200 211
Florida Mid-Bay Bridge Authority Revenue 4.000% 10/1/40 (4) 200 203
Florida Municipal Power Agency Revenue 5.250% 10/1/18 (Prere.) 105 111
Florida Municipal Power Agency Revenue 5.250% 10/1/18 (Prere.) 125 133
Florida Municipal Power Agency Revenue 5.250% 10/1/19 135 148
Florida Municipal Power Agency Revenue 5.000% 10/1/22 290 337
Florida Municipal Power Agency Revenue 5.000% 10/1/28 90 107
Florida Turnpike Authority Revenue 4.500% 7/1/37 50 54
Florida Turnpike Authority Revenue 5.000% 7/1/40 1,765 1,955
Florida Water Pollution Control Financing Corp.        
Revenue 5.000% 1/15/20 200 213
Fort Lauderdale FL Water & Sewer Revenue 4.750% 9/1/17 (Prere.) 100 101
Fort Lauderdale FL Water & Sewer Revenue 5.000% 9/1/17 (Prere.) 790 801
Greater Orlando Aviation Authority Florida Airport        
Facilities Revenue 5.000% 10/1/39 400 440
Hillsborough County FL Aviation Authority        
Revenue (Tampa International Airport) 5.000% 10/1/44 505 561
Hillsborough County FL School Board (Master        
Lease Program) COP 4.250% 7/1/25 (14) 100 101
Hillsborough County FL School Board (Master        
Lease Program) COP 5.000% 7/1/26 55 66
Hillsborough County FL School Board (Master        
Lease Program) COP 5.000% 7/1/29 200 228
Jacksonville FL Electric Authority Electric System        
Revenue 5.000% 10/1/28 800 914
Jacksonville FL Electric Authority Electric System        
Revenue 5.000% 10/1/39 40 45
Jacksonville FL Electric Authority Revenue        
(St. John’s River Power Park) 5.000% 10/1/18 475 502
Jacksonville FL Special Revenue 5.000% 10/1/30 500 590
Miami-Dade County FL Aviation Revenue        
(Miami International Airport) 4.500% 10/1/17 (Prere.) 105 107
Miami-Dade County FL Aviation Revenue        
(Miami International Airport) 5.250% 10/1/17 (Prere.) 325 331
Miami-Dade County FL Aviation Revenue        
(Miami International Airport) 5.000% 10/1/18 (Prere.) 375 396
Miami-Dade County FL Aviation Revenue        
(Miami International Airport) 5.500% 10/1/19 (Prere.) 1,670 1,844
Miami-Dade County FL Aviation Revenue        
(Miami International Airport) 5.000% 10/1/28 750 835

 

29

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Miami-Dade County FL Aviation Revenue        
(Miami International Airport) 5.000% 10/1/30 250 290
Miami-Dade County FL Aviation Revenue        
(Miami International Airport) 5.375% 10/1/35 300 332
Miami-Dade County FL Aviation Revenue        
(Miami International Airport) 5.500% 10/1/36 485 531
Miami-Dade County FL Aviation Revenue        
(Miami International Airport) 5.000% 10/1/41 100 108
Miami-Dade County FL Aviation Revenue        
(Miami International Airport) 5.000% 10/1/41 340 380
Miami-Dade County FL Aviation Revenue        
(Miami International Airport) 5.500% 10/1/41 110 120
Miami-Dade County FL Building Better        
Communities GO 5.625% 7/1/18 (Prere.) 165 174
Miami-Dade County FL Building Better        
Communities GO 5.625% 7/1/18 (Prere.) 110 116
Miami-Dade County FL Building Better        
Communities GO 5.000% 7/1/38 500 567
Miami-Dade County FL Educational Facilities        
Authority Revenue (University of Miami) 4.000% 4/1/45 100 101
Miami-Dade County FL Educational Facilities        
Authority Revenue (University of Miami) 5.000% 4/1/45 180 196
Miami-Dade County FL Expressway Authority        
Toll System Revenue 5.000% 7/1/24 200 237
Miami-Dade County FL Expressway Authority        
Toll System Revenue 4.000% 7/1/35 110 114
Miami-Dade County FL Expressway Authority        
Toll System Revenue 5.000% 7/1/40 2,165 2,366
Miami-Dade County FL Industrial Development        
Authority Revenue (Biscayne Properties LLC) 5.000% 6/1/48 255 250
Miami-Dade County FL Professional Sports        
Franchise Facilities Tax Revenue 0.000% 10/1/48 (12) 450 102
Miami-Dade County FL Professional Sports        
Franchise Facilities Tax Revenue 0.000% 4/1/49 (12) 1,225 271
Miami-Dade County FL School Board COP 5.000% 5/1/17 (Prere.) 225 225
Miami-Dade County FL School Board COP 5.000% 5/1/17 (Prere.) 115 115
Miami-Dade County FL School Board COP 5.250% 5/1/18 (Prere.) 100 104
Miami-Dade County FL School Board COP 5.250% 5/1/18 (Prere.) 120 125
Miami-Dade County FL School Board COP 5.250% 5/1/18 (Prere.) 100 104
Miami-Dade County FL School Board COP 5.250% 5/1/18 (Prere.) 150 157
Miami-Dade County FL School Board COP 5.250% 5/1/18 (Prere.) 250 261
Miami-Dade County FL School Board COP 5.375% 2/1/19 (Prere.) 255 274
Miami-Dade County FL School Board COP 5.000% 2/1/26 275 328
Miami-Dade County FL School Board COP 5.625% 5/1/31 65 73
Miami-Dade County FL School District GO 5.000% 3/15/46 1,000 1,123
Miami-Dade County FL Special Obligation        
Revenue 5.000% 10/1/17 (Prere.) 175 178
Miami-Dade County FL Special Obligation        
Revenue 5.000% 10/1/34 100 113
Miami-Dade County FL Special Obligation        
Revenue 5.000% 10/1/35 515 581
Miami-Dade County FL Special Obligation        
Revenue 5.000% 10/1/35 560 620

 

30

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Miami-Dade County FL Special Obligation        
Revenue 4.000% 10/1/39 135 137
Miami-Dade County FL Special Obligation        
Revenue 0.000% 10/1/42 130 40
Miami-Dade County FL Transit Sales Surtax        
Revenue 5.000% 7/1/18 (Prere.) 145 152
Miami-Dade County FL Transit Sales Surtax        
Revenue 4.000% 7/1/42 190 192
Miami-Dade County FL Transit Sales Surtax        
Revenue 5.000% 7/1/42 1,530 1,699
Miami-Dade County FL Water & Sewer Revenue 5.125% 10/1/18 (Prere.) 440 466
Miami-Dade County FL Water & Sewer Revenue 5.250% 10/1/18 (4) 300 318
Miami-Dade County FL Water & Sewer Revenue 6.000% 10/1/18 (Prere.) 110 118
Miami-Dade County FL Water & Sewer Revenue 5.000% 10/1/23 100 119
Miami-Dade County FL Water & Sewer Revenue 5.000% 10/1/24 350 422
Miami-Dade County FL Water & Sewer Revenue 5.000% 10/1/34 700 774
Miami-Dade County FL Water & Sewer Revenue 5.000% 10/1/39 (12) 1,045 1,152
Miami-Dade County FL Water & Sewer Revenue 5.000% 10/1/42 1,075 1,190
Orange County FL School Board COP 5.000% 8/1/17 (Prere.) 135 136
Orange County FL School Board COP 5.500% 8/1/19 (Prere.) 310 341
Orange County FL School Board COP 5.000% 8/1/31 80 92
Orange County FL Tourist Development Revenue 5.000% 10/1/22 100 117
Orange County FL Tourist Development Revenue 5.000% 10/1/24 195 234
Orange County FL Tourist Development Revenue 4.000% 10/1/34 750 784
Orlando & Orange County FL Expressway        
Authority Revenue 5.000% 7/1/20 (Prere.) 460 513
Orlando & Orange County FL Expressway        
Authority Revenue 5.000% 7/1/22 55 64
Orlando FL Contract Tourist Development Tax        
Payments Revenue 5.000% 5/1/24 (Prere.) 400 484
Orlando FL Contract Tourist Development Tax        
Payments Revenue 5.250% 5/1/24 (Prere.) 200 245
Orlando FL Utility Commission Utility System        
Revenue 5.000% 10/1/18 400 423
Orlando FL Utility Commission Utility System        
Revenue 5.000% 4/1/19 (Prere.) 1,350 1,451
Orlando FL Utility Commission Utility System        
Revenue 5.000% 10/1/23 175 209
Orlando FL Utility Commission Utility System        
Revenue 5.000% 10/1/25 125 153
Osceola County FL Expressway System Revenue        
(Poinciana Parkway Project) 0.000% 10/1/22 50 40
Osceola County FL Expressway System Revenue        
(Poinciana Parkway Project) 0.000% 10/1/32 45 34
Osceola County FL Expressway System Revenue        
(Poinciana Parkway Project) 0.000% 10/1/39 590 435
Osceola County FL Expressway System Revenue        
(Poinciana Parkway Project) 5.375% 10/1/47 230 246
Palm Beach County FL Public Improvement        
Revenue 5.000% 5/1/18 (Prere.) 335 349
Palm Beach County FL Public Improvement        
Revenue 5.000% 5/1/18 (Prere.) 105 109
Palm Beach County FL Solid Waste Authority        
Revenue 5.500% 10/1/18 (Prere.) 65 69

 

31

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Palm Beach County FL Solid Waste Authority        
Revenue 5.000% 10/1/21 (Prere.) 5 6
Palm Beach County FL Solid Waste Authority        
Revenue 5.000% 10/1/24 145 166
Palm Beach County FL Solid Waste Authority        
Revenue 5.000% 10/1/31 95 107
Port St. Lucie FL Special Assessment Revenue        
(Southwest Annexation District) 5.000% 7/1/17 (Prere.) 1,000 1,007
Port St. Lucie FL Utility Revenue 5.000% 9/1/18 (Prere.) 100 105
Port St. Lucie FL Utility Revenue 5.000% 9/1/35 (12) 10 11
Reedy Creek FL Improvement District GO 5.000% 6/1/38 290 326
South Florida Water Management District COP 5.000% 10/1/33 275 315
Tallahassee FL Energy System Revenue 5.000% 10/1/37 (14) 1,000 1,016
Tallahassee FL Utility System Revenue 5.000% 10/1/32 105 107
Tallahassee FL Utility System Revenue 5.000% 10/1/37 150 152
Tampa Bay FL Water Utility System Revenue 5.000% 10/1/18 (ETM) 120 127
Tampa Bay FL Water Utility System Revenue 5.000% 10/1/18 (Prere.) 85 90
Tampa Bay FL Water Utility System Revenue 5.000% 10/1/19 (ETM) 250 273
Tampa FL Cigarette Tax Allocation Revenue        
(H. Lee Moffitt Cancer Center Project) 5.250% 9/1/27 635 749
Tampa FL Cigarette Tax Allocation Revenue        
(H. Lee Moffitt Cancer Center Project) 5.500% 9/1/30 250 294
        51,216
Georgia (2.7%)        
Atlanta GA Airport Passenger Facility Charge        
Revenue 5.000% 1/1/29 130 151
Atlanta GA Metropolitan Rapid Transit Authority        
Revenue 5.000% 7/1/39 260 280
Atlanta GA Water & Wastewater Revenue 6.000% 11/1/19 (Prere.) 575 645
Atlanta GA Water & Wastewater Revenue 6.000% 11/1/19 (Prere.) 50 56
Atlanta GA Water & Wastewater Revenue 6.000% 11/1/19 (Prere.) 100 112
Atlanta GA Water & Wastewater Revenue 6.000% 11/1/19 (Prere.) 245 275
Atlanta GA Water & Wastewater Revenue 6.250% 11/1/19 (Prere.) 1,810 2,040
Atlanta GA Water & Wastewater Revenue 6.250% 11/1/19 (Prere.) 2,120 2,390
Atlanta GA Water & Wastewater Revenue 5.250% 11/1/27 (4) 150 189
Atlanta GA Water & Wastewater Revenue 5.500% 11/1/27 (14) 565 697
Atlanta GA Water & Wastewater Revenue 5.000% 11/1/33 500 581
Atlanta GA Water & Wastewater Revenue 5.250% 11/1/34 (4) 1,190 1,308
Atlanta GA Water & Wastewater Revenue 5.375% 11/1/39 (4) 90 99
Atlanta GA Water & Wastewater Revenue 5.000% 11/1/40 1,590 1,814
Atlanta GA Water & Wastewater Revenue 5.000% 11/1/43 475 541
DeKalb County GA Water & Sewer Revenue 5.250% 10/1/41 280 317
Georgia GO 5.000% 7/1/17 250 252
Georgia GO 4.000% 9/1/17 215 217
Georgia GO 5.000% 7/1/18 (Prere.) 150 157
Georgia GO 5.000% 1/1/19 (Prere.) 350 373
Georgia GO 5.000% 7/1/19 100 109
Georgia GO 5.000% 7/1/19 200 201
Georgia GO 5.000% 7/1/19 665 722
Georgia GO 5.000% 10/1/21 250 289
Georgia GO 5.000% 2/1/22 100 116
Georgia GO 4.500% 11/1/22 135 152
Georgia GO 5.000% 12/1/23 1,000 1,208
Georgia GO 5.000% 2/1/24 450 544

 

32

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Georgia GO 5.000% 7/1/24 800 975
Georgia GO 5.000% 7/1/24 130 136
Georgia GO 4.000% 7/1/25 1,785 2,052
Georgia GO 5.000% 1/1/26 1,780 2,202
Georgia GO 5.000% 7/1/26 800 996
Georgia GO 5.000% 7/1/27 100 117
Georgia GO 5.000% 2/1/28 110 134
Georgia GO 5.000% 7/1/28 80 99
Georgia Road & Tollway Authority GAN 5.000% 6/1/17 200 201
Georgia Road & Tollway Authority Revenue 5.000% 3/1/21 1,000 1,140
Gwinnett County GA School District GO 4.500% 10/1/17 200 203
Gwinnett County GA School District GO 5.000% 8/1/21 1,600 1,845
Gwinnett County GA School District GO 5.000% 8/1/22 1,000 1,178
Metropolitan Atlanta GA Rapid Transportation        
Authority Georgia Sales Tax Revenue 4.500% 7/1/17 (Prere.) 185 186
Metropolitan Atlanta GA Rapid Transportation        
Authority Georgia Sales Tax Revenue 5.000% 7/1/19 (14) 85 92
Metropolitan Atlanta GA Rapid Transportation        
Authority Georgia Sales Tax Revenue 5.000% 7/1/20 (14) 570 637
Metropolitan Atlanta GA Rapid Transportation        
Authority Georgia Sales Tax Revenue 5.250% 7/1/36 180 194
Municipal Electric Authority Georgia Revenue 5.000% 1/1/20 665 721
Municipal Electric Authority Georgia Revenue 5.000% 1/1/28 100 115
Municipal Electric Authority Georgia Revenue 5.000% 7/1/60 560 605
Municipal Electric Authority Georgia Revenue        
(Project One) 5.000% 1/1/21 555 614
Private Colleges & University Authority of        
Georgia Revenue (Emory University) 5.000% 9/1/18 (Prere.) 555 585
Private Colleges & University Authority of        
Georgia Revenue (Emory University) 5.000% 10/1/38 500 577
Private Colleges & University Authority of        
Georgia Revenue (Savannah College of Art &        
Design) 5.000% 4/1/44 500 537
Sandy Springs GA Public Facilities Authority        
(City Center Project) 5.000% 5/1/41 685 792
Sandy Springs GA Public Facilities Authority        
(City Center Project) 4.000% 5/1/47 145 151
        32,919
Hawaii (0.8%)        
Hawaii GO 5.000% 5/1/18 (Prere.) 95 99
Hawaii GO 5.000% 5/1/18 (Prere.) 5 5
Hawaii GO 5.000% 11/1/18 625 663
Hawaii GO 5.000% 12/1/18 500 532
Hawaii GO 5.000% 12/1/21 (Prere.) 390 452
Hawaii GO 5.000% 12/1/21 (Prere.) 135 156
Hawaii GO 5.000% 12/1/21 (Prere.) 125 145
Hawaii GO 5.000% 12/1/21 (Prere.) 65 75
Hawaii GO 5.000% 12/1/21 (Prere.) 90 104
Hawaii GO 5.000% 8/1/23 (Prere.) 40 48
Hawaii GO 5.000% 8/1/23 115 137
Hawaii GO 5.000% 8/1/24 210 254
Hawaii GO 5.000% 10/1/24 225 273
Hawaii GO 5.000% 8/1/25 445 534
Hawaii GO 5.000% 12/1/26 260 297

 

33

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Hawaii GO 5.000% 10/1/27 300 366
Hawaii GO 5.000% 10/1/27 500 602
Hawaii GO 5.000% 12/1/27 195 223
Hawaii GO 5.000% 8/1/28 50 59
Hawaii GO 5.000% 12/1/28 100 114
Hawaii GO 5.000% 8/1/29 150 176
Hawaii GO 5.000% 8/1/30 490 573
Hawaii GO 5.000% 8/1/30 125 145
Hawaii GO 3.000% 4/1/36 470 430
Honolulu HI City & County GO 5.000% 11/1/27 325 381
Honolulu HI City & County GO 5.000% 11/1/32 300 345
Honolulu HI City & County GO 5.000% 10/1/39 785 895
Honolulu HI City & County Wastewater System        
Revenue 4.000% 7/1/31 270 294
Honolulu HI City & County Wastewater System        
Revenue 4.000% 7/1/33 500 535
Honolulu HI City & County Wastewater System        
Revenue 5.000% 7/1/37 175 197
Honolulu HI City & County Wastewater System        
Revenue 5.000% 7/1/45 355 403
        9,512
Idaho (0.0%)        
Idaho Housing & Finance Association RAN 5.250% 7/15/18 (Prere.) 65 68
Idaho Housing & Finance Association RAN 5.000% 7/15/26 75 90
        158
Illinois (4.0%)        
Chicago IL Board of Education GO 6.000% 4/1/46 1,000 1,032
Chicago IL GO 5.000% 1/1/22 125 128
Chicago IL GO 5.000% 1/1/23 35 36
Chicago IL GO 5.000% 12/1/23 (2) 100 100
Chicago IL GO 4.300% 1/1/24 (2) 100 100
Chicago IL GO 5.000% 1/1/27 (4) 200 210
Chicago IL GO 4.750% 1/1/28 (14) 75 75
Chicago IL GO 5.000% 1/1/28 (4) 100 105
Chicago IL GO 5.000% 1/1/29 (4) 100 105
Chicago IL GO 4.750% 1/1/30 (4) 185 185
Chicago IL GO 4.750% 1/1/32 (4) 170 170
Chicago IL GO 5.000% 1/1/32 (14) 150 150
Chicago IL GO 5.500% 1/1/33 410 411
Chicago IL GO 5.750% 1/1/33 215 221
Chicago IL GO 5.500% 1/1/34 150 150
Chicago IL GO 5.000% 1/1/35 650 622
Chicago IL GO 4.750% 1/1/36 (4) 400 401
Chicago IL Metropolitan Water Reclamation        
District GO 5.000% 12/1/18 100 106
Chicago IL Metropolitan Water Reclamation        
District GO 5.000% 12/1/24 275 326
Chicago IL Metropolitan Water Reclamation        
District GO 5.000% 12/1/25 110 131
Chicago IL Metropolitan Water Reclamation        
District GO 5.000% 12/1/26 60 72
Chicago IL Midway Airport Revenue 5.000% 1/1/25 75 85
Chicago IL Midway Airport Revenue 5.000% 1/1/27 60 69
Chicago IL Midway Airport Revenue 5.000% 1/1/41 390 433

 

34

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Chicago IL Midway Airport Revenue 5.000% 1/1/46 250 276
Chicago IL O’Hare International Airport Revenue 4.500% 1/1/18 (Prere.) 610 625
Chicago IL O’Hare International Airport Revenue 6.500% 1/1/21 (Prere.) 2,110 2,506
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/24 185 218
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/26 100 118
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/28 85 98
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/30 200 228
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/32 140 152
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/33 500 564
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/34 500 562
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/34 605 679
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/35 50 53
Chicago IL O’Hare International Airport Revenue 5.625% 1/1/35 1,775 1,992
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/37 900 998
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/39 525 570
Chicago IL O’Hare International Airport Revenue 5.750% 1/1/39 435 490
Chicago IL O’Hare International Airport Revenue 6.000% 1/1/41 100 114
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/44 350 379
Chicago IL O’Hare International Airport Revenue 5.000% 1/1/46 590 654
Chicago IL Transit Authority Sales Tax Receipts        
Revenue 5.250% 12/1/49 250 273
Chicago IL Transit Authority Sales Tax Receipts        
Revenue 5.000% 12/1/51 (4) 500 538
Chicago IL Transit Authority Sales Tax Receipts        
Revenue 5.000% 12/1/51 500 534
Chicago IL Wastewater Transmission Revenue 5.000% 1/1/20 500 538
Chicago IL Wastewater Transmission Revenue 0.000% 1/1/28 (14) 275 186
Chicago IL Wastewater Transmission Revenue 5.000% 1/1/39 150 160
Chicago IL Water Revenue 5.000% 11/1/29 50 54
Chicago IL Water Revenue 5.000% 11/1/32 (2) 250 251
Chicago IL Water Revenue 5.250% 11/1/38 350 361
Chicago IL Waterworks Revenue 5.000% 11/1/30 250 276
Chicago IL Waterworks Revenue 5.000% 11/1/36 (2) 175 176
Cook County IL GO 5.000% 11/15/17 (14) 300 306
Cook County IL GO 5.000% 11/15/18 25 26
Cook County IL GO 5.000% 11/15/21 25 27
Cook County IL GO 5.250% 11/15/22 165 181
Cook County IL GO 5.000% 11/15/23 250 285
Cook County IL GO 5.250% 11/15/24 200 221
Cook County IL GO 5.000% 11/15/25 125 139
Cook County IL GO 5.250% 11/15/25 100 110
Cook County IL GO 5.000% 11/15/28 85 90
Cook County IL GO 5.250% 11/15/28 1,075 1,166
Cook County IL Sales Tax Revenue 5.000% 11/15/37 250 269
Illinois Finance Authority Revenue (DePaul        
University) 6.125% 4/1/21 (Prere.) 300 354
Illinois Finance Authority Revenue (Illinois        
Wesleyan University) 5.000% 9/1/46 140 148
Illinois Finance Authority Revenue (University of        
Chicago) 5.500% 7/1/18 (Prere.) 110 116
Illinois Finance Authority Revenue (University of        
Chicago) 5.500% 7/1/18 (Prere.) 80 84
Illinois Finance Authority Revenue (University of        
Chicago) 5.750% 7/1/18 (Prere.) 120 127

 

35

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Illinois Finance Authority Revenue (University of        
Chicago) 4.000% 10/1/32 90 94
Illinois Finance Authority Revenue (University of        
Chicago) 4.000% 10/1/33 50 52
Illinois Finance Authority Revenue (University of        
Chicago) 4.000% 10/1/49 90 90
Illinois Finance Authority Revenue (University of        
Chicago) 5.000% 10/1/51 75 81
Illinois GO 3.875% 9/1/17 540 544
Illinois GO 5.000% 8/1/18 1,000 1,034
Illinois GO 5.000% 11/1/18 115 120
Illinois GO 5.000% 2/1/19 135 140
Illinois GO 5.000% 8/1/19 1,390 1,453
Illinois GO 4.000% 2/1/20 100 102
Illinois GO 5.000% 7/1/20 125 132
Illinois GO 4.000% 9/1/20 135 138
Illinois GO 4.000% 1/1/21 310 316
Illinois GO 5.250% 1/1/21 275 292
Illinois GO 4.000% 2/1/21 100 102
Illinois GO 5.000% 7/1/21 125 132
Illinois GO 5.000% 8/1/21 1,285 1,358
Illinois GO 5.000% 5/1/22 55 58
Illinois GO 5.000% 8/1/22 (4) 200 220
Illinois GO 4.000% 9/1/22 200 202
Illinois GO 5.000% 2/1/23 220 233
Illinois GO 5.000% 7/1/23 195 207
Illinois GO 5.000% 8/1/23 480 509
Illinois GO 5.000% 1/1/24 50 51
Illinois GO 5.000% 2/1/24 125 132
Illinois GO 5.500% 7/1/24 500 541
Illinois GO 5.000% 2/1/25 500 526
Illinois GO 5.000% 3/1/25 390 403
Illinois GO 5.500% 7/1/25 260 280
Illinois GO 4.000% 8/1/25 170 167
Illinois GO 5.000% 8/1/25 60 62
Illinois GO 5.500% 7/1/26 160 171
Illinois GO 5.000% 2/1/27 50 52
Illinois GO 5.000% 2/1/27 500 522
Illinois GO 5.000% 5/1/27 250 258
Illinois GO 5.000% 5/1/29 75 77
Illinois GO 5.250% 7/1/29 130 134
Illinois GO 4.000% 2/1/31 (4) 250 252
Illinois GO 5.000% 5/1/35 150 150
Illinois GO 5.000% 5/1/36 265 265
Illinois GO 5.000% 5/1/39 170 170
Illinois Municipal Electric Agency Power Supply        
System Revenue 5.000% 2/1/22 100 114
Illinois Municipal Electric Agency Power Supply        
System Revenue 5.000% 2/1/23 175 203
Illinois Municipal Electric Agency Power Supply        
System Revenue 5.000% 2/1/29 40 46
Illinois Municipal Electric Agency Power Supply        
System Revenue 4.000% 2/1/33 250 261

 

36

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Illinois Regional Transportation Authority        
Revenue 5.750% 6/1/21 (4) 120 140
Illinois Regional Transportation Authority Revenue 6.500% 7/1/26 (14) 65 84
Illinois Regional Transportation Authority Revenue 5.750% 6/1/34 (4) 75 96
Illinois Sales Tax Revenue 4.750% 6/15/19 (Prere.) 225 242
Illinois Sales Tax Revenue 5.000% 6/15/19 450 485
Illinois Sales Tax Revenue 5.250% 6/15/19 (Prere.) 160 174
Illinois Sales Tax Revenue 5.000% 6/15/20 270 298
Illinois Sales Tax Revenue 5.000% 6/15/20 100 110
Illinois Sales Tax Revenue 4.000% 6/15/21 350 367
Illinois Sales Tax Revenue 5.000% 6/15/21 175 197
Illinois Sales Tax Revenue 5.000% 6/15/23 510 592
Illinois Sales Tax Revenue 5.000% 6/15/24 430 501
Illinois Sports Facility Authority Revenue 0.000% 6/15/26 (2) 90 62
Illinois Sports Facility Authority Revenue 5.000% 6/15/27 (4) 330 364
Illinois Toll Highway Authority Revenue 5.500% 1/1/18 (Prere.) 50 52
Illinois Toll Highway Authority Revenue 5.000% 12/1/18 100 106
Illinois Toll Highway Authority Revenue 5.000% 12/1/21 100 115
Illinois Toll Highway Authority Revenue 5.000% 1/1/24 100 118
Illinois Toll Highway Authority Revenue 4.000% 12/1/31 185 196
Illinois Toll Highway Authority Revenue 5.000% 12/1/32 90 103
Illinois Toll Highway Authority Revenue 5.000% 1/1/36 750 833
Illinois Toll Highway Authority Revenue 5.000% 1/1/36 360 404
Illinois Toll Highway Authority Revenue 5.000% 1/1/37 375 416
Illinois Toll Highway Authority Revenue 5.000% 1/1/38 460 508
Illinois Toll Highway Authority Revenue 5.000% 1/1/39 50 55
Illinois Toll Highway Authority Revenue 5.000% 1/1/40 1,050 1,164
Illinois Toll Highway Authority Revenue 5.000% 1/1/40 200 222
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue 0.000% 12/15/23 (14) 105 85
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue 0.000% 6/15/27 (4) 180 121
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue 0.000% 12/15/29 (14) 70 41
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue 0.000% 6/15/30 (4) 150 86
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue 0.000% 12/15/34 (14) 255 114
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue 0.000% 6/15/44 (4) 520 140
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue 0.000% 6/15/46 (4) 615 148
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue 0.000% 6/15/47 (4) 120 27
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue 5.500% 6/15/50 235 240
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick        
Place Expansion Project) 0.000% 6/15/20 (14) 215 198
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick        
Place Expansion Project) 5.000% 12/15/20 70 76

 

37

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick Place        
Expansion Project) 0.000% 6/15/22 (14) 295 332
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick Place        
Expansion Project) 5.000% 12/15/22 100 110
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick Place        
Expansion Project) 5.000% 12/15/26 115 122
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick Place        
Expansion Project) 0.000% 6/15/31 (14) 620 334
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick Place        
Expansion Project) 0.000% 6/15/32 (14) 430 220
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick Place        
Expansion Project) 0.000% 6/15/34 (14) 250 114
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick Place        
Expansion Project) 0.000% 6/15/37 (14) 200 77
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick Place        
Expansion Project) 0.000% 12/15/41 200 53
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick Place        
Expansion Project) 0.000% 6/15/43 (4) 320 91
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick Place        
Expansion Project) 0.000% 6/15/45 (4) 340 87
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick Place        
Expansion Project) 5.000% 6/15/50 (4) 350 365
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick Place        
Expansion Project) 5.200% 6/15/50 350 353
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick Place        
Expansion Project) 0.000% 12/15/50 320 49
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick Place        
Expansion Project) 0.000% 12/15/51 185 26
Metropolitan Pier & Exposition Authority Illinois        
Dedicated Sales Tax Revenue (McCormick Place        
Expansion Project) 0.000% 12/15/51 (4) 570 103
Northern Illinois Municipal Power Agency Project        
Revenue 4.000% 12/1/32 175 180
Northern Illinois Municipal Power Agency Project        
Revenue 4.000% 12/1/35 185 186
Northern Illinois Municipal Power Agency Project        
Revenue (Prairie State Project) 5.000% 1/1/18 (Prere.) 130 134
Northern Illinois Municipal Power Agency Project        
Revenue (Prairie State Project) 5.000% 1/1/18 (Prere.) 340 349
Springfield IL Electric Revenue 5.000% 3/1/18 (Prere.) 365 377

 

38

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Springfield IL Electric Revenue 5.000% 3/1/33 500 556
Will County IL Community High School District        
No. 210 (Lincoln-Way) GO 0.000% 1/1/31 190 88
Will County IL Community High School District        
No. 210 (Lincoln-Way) GO 0.000% 1/1/32 90 39
Will County IL Community High School District        
No. 210 (Lincoln-Way) GO 0.000% 1/1/33 300 118
        49,884
Indiana (0.4%)        
Indiana Finance Authority Highway Revenue 5.000% 12/1/23 195 234
Indiana Finance Authority Highway Revenue 5.000% 12/1/25 275 335
Indiana Finance Authority Highway Revenue 5.000% 6/1/27 300 369
Indiana Finance Authority Revenue 5.000% 2/1/24 75 90
Indiana Finance Authority Revenue 5.000% 2/1/25 50 61
Indiana Finance Authority Revenue (State        
Revolving Fund) 5.000% 2/1/21 (Prere.) 590 670
Indiana Finance Authority Wastewater Utility        
Revenue (CWA Authority Project) 5.000% 10/1/41 145 161
Indiana Finance Authority Wastewater Utility        
Revenue (CWA Authority Project) 5.000% 10/1/41 700 780
Indiana Finance Authority Wastewater Utility        
Revenue (CWA Authority Project) 5.000% 10/1/41 (14) 500 560
Indiana Municipal Power Agency Revenue 6.000% 1/1/19 (Prere.) 100 108
Indiana Municipal Power Agency Revenue 4.000% 1/1/42 110 111
Indiana Municipal Power Agency Revenue 5.000% 1/1/42 500 562
Indianapolis IN Local Public Improvement Bond        
Bank Revenue (Waterworks Project) 5.250% 1/1/19 (Prere.) 10 11
Indianapolis IN Local Public Improvement Bond        
Bank Revenue (Waterworks Project) 5.500% 1/1/19 (Prere.) 30 32
Indianapolis IN Local Public Improvement Bond        
Bank Revenue (Waterworks Project) 5.750% 1/1/19 (Prere.) 20 22
Indianapolis IN Local Public Improvement Bond        
Bank Revenue (Waterworks Project) 5.250% 1/1/29 (12) 50 54
Indianapolis IN Local Public Improvement Bond        
Bank Revenue (Waterworks Project) 5.500% 1/1/29 120 129
Indianapolis IN Local Public Improvement Bond        
Bank Revenue (Waterworks Project) 5.500% 1/1/38 (12) 1,000 1,064
Indianapolis IN Local Public Improvement Bond        
Bank Revenue (Waterworks Project) 5.750% 1/1/38 80 86
        5,439
Iowa (0.1%)        
Iowa Finance Authority Revenue 5.000% 8/1/20 285 320
Iowa Special Obligation Revenue 4.000% 6/1/26 160 182
Iowa Special Obligation Revenue 5.000% 6/1/28 250 301
Iowa Special Obligation Revenue (Ijobs Program) 5.000% 6/1/19 (Prere.) 555 600
        1,403
Kansas (0.3%)        
Kansas Department of Transportation Highway        
Revenue 5.500% 3/1/19 (4) 350 379
Kansas Department of Transportation Highway        
Revenue 5.000% 9/1/20 120 135
Kansas Department of Transportation Highway        
Revenue 5.000% 9/1/24 205 249

 

39

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Kansas Department of Transportation Highway        
Revenue 5.000% 9/1/25 110 133
Kansas Department of Transportation Highway        
Revenue 5.000% 9/1/25 145 178
Kansas Department of Transportation Highway        
Revenue 5.000% 9/1/26 185 226
Kansas Department of Transportation Highway        
Revenue 5.000% 9/1/27 310 375
Kansas Department of Transportation Highway        
Revenue 5.000% 9/1/30 750 890
Kansas Department of Transportation Highway        
Revenue 5.000% 9/1/34 195 227
Seward County KS Unified School District        
No. 480 GO 5.000% 9/1/39 410 451
Seward County KS Unified School District        
No. 480 GO 5.000% 9/1/39 90 104
Wyandotte County/Kansas City KS Unified        
Government Utility System Revenue 5.000% 9/1/40 75 83
        3,430
Kentucky (0.4%)        
Kentucky Asset/Liability Commission Agency        
Fund Revenue (Federal Highway Trust) 5.000% 9/1/26 120 141
Kentucky Municipal Power Agency Power        
System Revenue 4.000% 9/1/39 (14) 110 112
Kentucky Municipal Power Agency Power        
System Revenue 5.000% 9/1/42 (14) 150 164
Kentucky Property & Building Commission        
Revenue 5.250% 2/1/18 110 113
Kentucky Property & Building Commission        
Revenue 5.000% 8/1/18 345 362
Kentucky Property & Building Commission        
Revenue 5.375% 11/1/18 (Prere.) 160 171
Kentucky Property & Building Commission        
Revenue 5.500% 11/1/18 (Prere.) 320 342
Kentucky Property & Building Commission        
Revenue 5.250% 2/1/19 (Prere.) 445 477
Kentucky Property & Building Commission        
Revenue 5.250% 2/1/19 (Prere.) 230 247
Kentucky Property & Building Commission        
Revenue 5.000% 11/1/20 120 127
Kentucky Property & Building Commission        
Revenue 5.000% 8/1/22 375 434
Kentucky Property & Building Commission        
Revenue 5.000% 8/1/23 105 123
Kentucky Property & Building Commission        
Revenue 5.250% 2/1/24 (12) 15 16
Kentucky Property & Building Commission        
Revenue 5.000% 11/1/26 500 594
Kentucky Property & Building Commission        
Revenue 5.500% 11/1/28 30 32
Kentucky Public Transportation Infrastructure        
Authority Toll Revenue (Downtown Crossing        
Project) BAN 6.000% 7/1/53 200 223
Louisville & Jefferson County KY Metropolitan        
Sewer & Drain System 3.000% 5/15/46 610 529

 

40

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Louisville & Jefferson County KY Metropolitan        
Sewer & Drain System Revenue 5.000% 5/15/34 100 113
Louisville & Jefferson County KY Metropolitan        
Sewer & Drain System Revenue 4.250% 5/15/38 (12) 65 67
        4,387
Louisiana (0.5%)        
East Baton Rouge Parish LA Sewer Commission        
Revenue 5.250% 2/1/19 (Prere.) 55 59
East Baton Rouge Parish LA Sewer Commission        
Revenue 5.000% 2/1/39 100 111
Lafayette LA Communications System Revenue 5.250% 11/1/17 (Prere.) 275 281
Louisiana Citizens Property Insurance Corp.        
Assessment Revenue 5.000% 6/1/23 500 578
Louisiana Gasoline & Fuel Tax Revenue 5.000% 5/1/23 145 167
Louisiana Gasoline & Fuel Tax Revenue 5.000% 5/1/36 500 563
Louisiana Gasoline & Fuel Tax Revenue 4.500% 5/1/39 1,325 1,417
Louisiana Gasoline & Fuel Tax Revenue 5.000% 5/1/41 110 124
Louisiana Gasoline & Fuel Tax Revenue 5.000% 5/1/45 390 422
Louisiana GO 5.000% 8/1/25 50 59
Louisiana Local Government Environmental        
Facilities & Community Development Authority        
Revenue (East Baton Rouge Sewerage        
Commission Projects) 5.000% 2/1/43 100 109
Louisiana Local Government Environmental        
Facilities & Community Development Authority        
Revenue (East Baton Rouge Sewerage        
Commission Projects) 5.000% 2/1/44 100 109
Louisiana Local Government Environmental        
Facilities & Community Development Authority        
Revenue (East Baton Rouge Sewerage        
Commission Projects) 4.000% 2/1/48 295 298
Louisiana Local Government Environmental        
Facilities & Community Development Authority        
Revenue (LCTCS Facilities Corp. Project) 5.000% 10/1/37 570 637
Louisiana Local Government Environmental        
Facilities & Community Development Authority        
Revenue (LCTCS Facilities Corp. Project) 5.000% 10/1/39 100 111
Louisiana Public Facilities Authority Lease        
Revenue 5.000% 7/1/51 150 161
Louisiana Public Facilities Authority Lease        
Revenue 5.000% 7/1/56 150 159
Louisiana Public Facilities Authority Revenue        
(Hurricane Recovery Program) 4.500% 6/1/17 (Prere.) 110 110
Louisiana Public Facilities Authority Revenue        
(Loyola University) 5.000% 10/1/41 315 331
New Orleans LA Sewage Service Revenue 5.000% 6/1/44 215 235
        6,041
Maine (0.0%)        
Maine GO 5.000% 6/1/21 500 574
 
Maryland (2.3%)        
Anne Arundel County MD GO 4.750% 4/1/19 (Prere.) 100 107
Baltimore MD Project Revenue 4.500% 7/1/32 (2) 300 302
Baltimore MD Project Revenue 5.000% 7/1/38 60 67

 

41

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Baltimore MD Project Revenue 5.000% 7/1/41 660 735
Baltimore MD Project Revenue 5.000% 7/1/43 105 117
Howard County MD GO 3.000% 2/15/30 100 101
Maryland Department of Transportation Revenue 5.000% 9/1/18 (Prere.) 205 216
Maryland Department of Transportation Revenue 5.000% 2/15/23 1,330 1,585
Maryland Department of Transportation Revenue 4.000% 12/15/26 150 168
Maryland Department of Transportation Revenue 4.000% 11/1/27 300 336
Maryland Department of Transportation Revenue 3.000% 12/15/30 755 758
Maryland GO 4.500% 8/1/17 1,000 1,010
Maryland GO 5.000% 8/1/17 2,105 2,128
Maryland GO 5.000% 3/1/18 100 103
Maryland GO 5.000% 7/15/18 (Prere.) 115 121
Maryland GO 5.000% 3/1/19 110 118
Maryland GO 5.000% 3/1/19 (Prere.) 60 64
Maryland GO 5.000% 3/15/19 (Prere.) 375 403
Maryland GO 5.000% 3/15/19 125 134
Maryland GO 5.000% 8/1/19 (Prere.) 200 218
Maryland GO 5.000% 8/1/20 (Prere.) 125 140
Maryland GO 5.000% 8/1/20 500 561
Maryland GO 5.000% 3/1/21 (Prere.) 1,300 1,481
Maryland GO 4.500% 8/1/21 200 226
Maryland GO 5.000% 8/1/21 (Prere.) 100 115
Maryland GO 5.000% 8/1/21 150 173
Maryland GO 5.000% 8/1/21 500 576
Maryland GO 5.000% 3/1/22 (Prere.) 250 291
Maryland GO 5.000% 3/1/23 (Prere.) 730 867
Maryland GO 4.000% 8/1/23 150 171
Maryland GO 5.000% 8/1/23 (Prere.) 115 138
Maryland GO 5.000% 8/1/23 250 300
Maryland GO 5.000% 6/1/24 940 1,144
Maryland GO 4.000% 8/1/24 700 805
Maryland GO 5.000% 8/1/24 200 244
Maryland GO 5.000% 3/1/25 100 118
Maryland GO 4.000% 6/1/25 1,440 1,636
Maryland GO 5.000% 3/1/26 75 89
Maryland GO 5.000% 6/1/26 1,000 1,199
Maryland GO 3.000% 3/1/27 350 358
Maryland GO 4.000% 6/1/27 705 790
Maryland GO 4.000% 8/1/27 960 1,069
Maryland GO 3.000% 3/1/28 295 300
Maryland GO 3.000% 3/1/30 200 203
Maryland GO 4.000% 3/15/30 1,000 1,114
Maryland GO 3.000% 6/1/31 500 502
Maryland Stadium Authority Revenue (Baltimore        
City Public Schools Construction & Revitalization        
Program Revenue Bonds) 5.000% 5/1/46 750 846
Maryland Transportation Authority Facilities        
Projects Revenue 5.000% 7/1/36 (4) 210 219
Maryland Transportation Authority Facilities        
Projects Revenue 5.000% 7/1/38 (4) 390 407
Maryland Transportation Authority Facilities        
Projects Revenue 4.500% 7/1/41 (4) 775 779
Maryland Transportation Authority GAN 5.250% 3/1/19 545 588
Montgomery County MD GO 5.000% 11/1/20 400 452

 

42

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Montgomery County MD GO 5.000% 7/1/21 245 282
Montgomery County MD GO 5.000% 11/1/23 940 1,132
Montgomery County MD GO 5.000% 11/1/25 500 606
Montgomery County MD GO 5.000% 11/1/26 115 139
        28,851
Massachusetts (5.1%)        
Massachusetts Bay Transportation Authority        
Assessment Revenue 4.050% 7/1/41 50 51
Massachusetts Bay Transportation Authority        
Assessment Revenue 5.000% 7/1/41 260 292
Massachusetts Bay Transportation Authority        
Sales Tax Revenue 5.500% 7/1/17 115 116
Massachusetts Bay Transportation Authority        
Sales Tax Revenue 5.250% 7/1/18 (Prere.) 130 137
Massachusetts Bay Transportation Authority        
Sales Tax Revenue 5.250% 7/1/18 (Prere.) 925 972
Massachusetts Bay Transportation Authority        
Sales Tax Revenue 5.500% 7/1/18 425 448
Massachusetts Bay Transportation Authority        
Sales Tax Revenue 5.000% 7/1/28 80 99
Massachusetts Bay Transportation Authority        
Sales Tax Revenue 5.000% 7/1/31 90 111
Massachusetts Bay Transportation Authority        
Sales Tax Revenue 4.000% 7/1/35 1,000 1,043
Massachusetts Bay Transportation Authority        
Sales Tax Revenue 5.000% 7/1/40 850 965
Massachusetts Bay Transportation Authority        
Sales Tax Revenue 5.000% 7/1/45 535 604
Massachusetts Department of Transportation        
Metropolitan Highway System Revenue 5.000% 1/1/32 925 1,006
Massachusetts Department of Transportation        
Metropolitan Highway System Revenue 5.000% 1/1/35 165 180
Massachusetts Department of Transportation        
Metropolitan Highway System Revenue 5.000% 1/1/37 610 659
Massachusetts Development Finance Agency        
Revenue (Boston College) 4.000% 7/1/42 930 956
Massachusetts Development Finance Agency        
Revenue (Boston University) 5.000% 7/1/17 (Prere.) 145 146
Massachusetts Development Finance Agency        
Revenue (Boston University) 4.000% 10/1/46 600 611
Massachusetts Development Finance Agency        
Revenue (Brandeis University) 5.000% 10/1/35 835 907
Massachusetts Development Finance Agency        
Revenue (Emerson College) 5.000% 1/1/41 410 441
Massachusetts Development Finance Agency        
Revenue (Emerson College) 5.000% 1/1/47 500 540
Massachusetts Development Finance Agency        
Revenue (Harvard University) 5.000% 10/15/20 (Prere.) 1,550 1,746
Massachusetts Development Finance Agency        
Revenue (Harvard University) 5.000% 7/15/22 250 294
Massachusetts Development Finance Agency        
Revenue (Harvard University) 5.000% 7/15/24 100 122
Massachusetts Development Finance Agency        
Revenue (Harvard University) 5.000% 7/15/25 1,275 1,571

 

43

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Massachusetts Development Finance Agency        
Revenue (Harvard University) 5.000% 7/15/30 740 895
Massachusetts Development Finance Agency        
Revenue (Harvard University) 4.000% 7/15/36 135 145
Massachusetts Development Finance Agency        
Revenue (Harvard University) 5.000% 7/15/36 880 1,112
Massachusetts Development Finance Agency        
Revenue (Harvard University) 5.000% 7/15/40 205 262
Massachusetts Development Finance Agency        
Revenue (Suffolk University) 5.000% 7/1/29 500 571
Massachusetts Development Finance Agency        
Revenue (Williams College) 5.000% 7/1/43 380 432
Massachusetts Federal Highway GAN        
(Accelerated Bridge Program) 5.000% 6/15/24 60 73
Massachusetts Federal Highway GAN        
(Accelerated Bridge Program) 5.000% 6/15/26 320 382
Massachusetts GO 5.000% 8/1/17 600 607
Massachusetts GO 5.000% 8/1/17 (Prere.) 360 364
Massachusetts GO 5.000% 8/1/17 (Prere.) 500 505
Massachusetts GO 5.000% 12/1/17 1,085 1,112
Massachusetts GO 5.000% 8/1/18 (Prere.) 125 131
Massachusetts GO 5.500% 8/1/18 745 788
Massachusetts GO 5.000% 3/1/19 (Prere.) 1,350 1,448
Massachusetts GO 5.000% 7/1/19 (Prere.) 50 54
Massachusetts GO 5.000% 8/1/19 600 653
Massachusetts GO 5.000% 4/1/21 (Prere.) 100 114
Massachusetts GO 5.000% 8/1/21 (Prere.) 100 115
Massachusetts GO 5.250% 8/1/21 75 87
Massachusetts GO 5.250% 9/1/21 (4) 500 581
Massachusetts GO 5.000% 7/1/22 125 147
Massachusetts GO 5.250% 8/1/22 250 297
Massachusetts GO 5.000% 3/1/23 500 592
Massachusetts GO 5.000% 7/1/23 150 179
Massachusetts GO 5.000% 7/1/23 1,450 1,728
Massachusetts GO 5.000% 8/1/23 215 257
Massachusetts GO 5.250% 8/1/23 75 91
Massachusetts GO 5.000% 10/1/23 150 173
Massachusetts GO 5.000% 7/1/24 335 405
Massachusetts GO 5.000% 7/1/25 450 548
Massachusetts GO 5.000% 8/1/25 200 244
Massachusetts GO 5.250% 9/1/25 (4) 150 186
Massachusetts GO 5.000% 7/1/26 650 799
Massachusetts GO 5.000% 7/1/27 205 254
Massachusetts GO 5.000% 7/1/27 775 901
Massachusetts GO 4.000% 10/1/27 225 242
Massachusetts GO 5.000% 7/1/28 1,300 1,620
Massachusetts GO 5.000% 7/1/29 445 533
Massachusetts GO 4.000% 11/1/29 100 107
Massachusetts GO 5.000% 7/1/30 505 595
Massachusetts GO 4.000% 7/1/31 200 211
Massachusetts GO 5.000% 7/1/33 100 116
Massachusetts GO 5.000% 7/1/35 1,000 1,149
Massachusetts GO 5.000% 8/1/35 100 113
Massachusetts GO 4.000% 9/1/35 570 598

 

44

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Massachusetts GO 3.375% 10/1/35 200 196
Massachusetts GO 5.000% 12/1/35 100 116
Massachusetts GO 5.000% 7/1/36 840 963
Massachusetts GO 4.000% 9/1/37 200 207
Massachusetts GO 4.000% 9/1/37 100 104
Massachusetts GO 3.250% 9/1/38 200 189
Massachusetts GO 5.000% 12/1/38 750 867
Massachusetts GO 4.000% 5/1/39 255 263
Massachusetts GO 4.000% 5/1/40 100 103
Massachusetts GO 4.000% 4/1/42 955 968
Massachusetts GO 4.000% 4/1/42 500 513
Massachusetts GO 4.500% 12/1/43 1,405 1,517
Massachusetts GO 5.000% 7/1/45 400 454
Massachusetts GO 5.000% 3/1/46 585 655
Massachusetts GO 4.000% 4/1/46 770 787
Massachusetts Health & Educational Facilities        
Authority Revenue (Berklee College of Music,        
Inc.) 5.000% 10/1/17 (Prere.) 170 173
Massachusetts Health & Educational Facilities        
Authority Revenue (Berklee College of Music,        
Inc.) 5.000% 10/1/37 10 10
Massachusetts Health & Educational Facilities        
Authority Revenue (Harvard University) 5.000% 10/1/17 (Prere.) 685 697
Massachusetts Health & Educational Facilities        
Authority Revenue (Harvard University) 5.000% 12/15/19 (Prere.) 335 369
Massachusetts Health & Educational Facilities        
Authority Revenue (MIT) 5.250% 7/1/33 100 130
Massachusetts Port Authority Revenue 5.000% 7/1/45 160 182
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 4.500% 8/15/17 (Prere.) 240 243
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 4.500% 8/15/17 (Prere.) 90 91
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 4.750% 8/15/17 (Prere.) 725 733
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 5.000% 8/15/18 1,250 1,316
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 5.000% 8/15/19 75 82
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 5.000% 10/15/19 595 652
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 5.000% 10/15/21 360 416
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 5.000% 8/15/26 200 233
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 5.000% 8/15/29 850 986
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 5.000% 8/15/30 1,400 1,609
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 5.000% 8/15/31 1,000 1,170
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 5.000% 10/15/32 275 310
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 5.250% 10/15/35 55 63

 

45

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 5.000% 10/15/41 1,065 1,199
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 5.000% 5/15/43 375 421
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 4.000% 11/15/46 300 307
Massachusetts School Building Authority        
Dedicated Sales Tax Revenue 5.000% 11/15/46 400 458
Massachusetts Special Obligation Dedicated Tax        
Revenue 5.500% 1/1/30 (14) 125 158
Massachusetts Transportation Fund Revenue 5.000% 6/1/26 100 124
Massachusetts Transportation Fund Revenue        
(Accelerated Bridge Program) 4.375% 6/1/43 85 89
Massachusetts Transportation Fund Revenue        
(Accelerated Bridge Program) 5.000% 6/1/44 1,000 1,128
Massachusetts Transportation Fund Revenue        
(Accelerated Bridge Program) 4.000% 6/1/46 200 206
Massachusetts Transportation Fund Revenue        
(Rail Enhancement Program) 4.000% 6/1/45 150 155
Massachusetts Water Pollution Abatement Trust        
Revenue 5.250% 8/1/18 120 126
Massachusetts Water Pollution Abatement Trust        
Revenue 5.250% 8/1/19 100 109
Massachusetts Water Pollution Abatement Trust        
Revenue 5.000% 8/1/22 400 471
Massachusetts Water Resources Authority        
Revenue 5.000% 8/1/18 1,100 1,156
Massachusetts Water Resources Authority        
Revenue 5.000% 8/1/19 (Prere.) 170 185
Massachusetts Water Resources Authority        
Revenue 5.000% 8/1/19 (Prere.) 210 228
Massachusetts Water Resources Authority        
Revenue 5.250% 8/1/31 (4) 80 101
Massachusetts Water Resources Authority        
Revenue 5.000% 8/1/34 (14) 100 101
Massachusetts Water Resources Authority        
Revenue 4.000% 8/1/36 100 105
Massachusetts Water Resources Authority        
Revenue 5.000% 8/1/37 125 141
Massachusetts Water Resources Authority        
Revenue 4.000% 8/1/40 500 520
Massachusetts Water Resources Authority        
Revenue 5.000% 8/1/40 1,500 1,732
Metropolitan Boston MA Transit Parking Corp.        
Revenue 5.250% 7/1/33 105 119
University of Massachusetts Building Authority        
Revenue 5.000% 11/1/39 295 335
University of Massachusetts Building Authority        
Revenue 5.000% 11/1/40 60 68
University of Massachusetts Building Authority        
Revenue 5.000% 11/1/44 85 95
University of Massachusetts Building Authority        
Revenue 4.000% 11/1/45 150 154
        63,891

 

46

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Michigan (1.4%)        
Detroit MI City School District GO 5.250% 5/1/27 (4) 110 130
Detroit MI City School District GO 5.250% 5/1/32 (4) 125 147
Detroit MI Sewage Disposal System Revenue 5.250% 7/1/29 (13) 100 104
Detroit MI Water Supply System Revenue 5.750% 7/1/23 (13) 250 263
Detroit MI Water Supply System Revenue 5.250% 7/1/41 500 543
Great Lakes MI Water Authority Water Supply        
System Revenue 5.000% 7/1/33 620 700
Holland MI Electric Utility System Revenue 5.000% 7/1/27 250 282
Holland MI Electric Utility System Revenue 5.000% 7/1/33 780 875
Karegnondi Water Authority Michigan Water        
Supply System Revenue (Karegnondi Water        
Pipeline) 5.250% 11/1/28 500 571
Karegnondi Water Authority Michigan Water        
Supply System Revenue (Karegnondi Water        
Pipeline) 5.250% 11/1/40 230 255
Lansing MI Board of Water & Light Utility System        
Revenue 5.000% 7/1/37 50 55
Lansing MI Board of Water & Light Utility System        
Revenue 5.500% 7/1/41 250 284
Michigan Building Authority Revenue 5.000% 4/15/19 295 317
Michigan Building Authority Revenue 5.000% 4/15/22 100 116
Michigan Building Authority Revenue 5.000% 4/15/23 115 135
Michigan Building Authority Revenue 5.000% 10/15/29 75 86
Michigan Building Authority Revenue 5.000% 10/15/32 280 324
Michigan Building Authority Revenue 5.000% 4/15/33 485 550
Michigan Building Authority Revenue 5.000% 10/15/33 125 143
Michigan Building Authority Revenue 5.000% 4/15/38 1,130 1,255
Michigan Building Authority Revenue 5.000% 4/15/41 500 557
Michigan Building Authority Revenue 5.000% 10/15/50 110 121
Michigan Finance Authority Revenue 5.000% 4/1/19 250 266
Michigan Finance Authority Revenue 5.000% 4/1/21 250 276
Michigan Finance Authority Revenue 5.000% 10/1/39 110 121
Michigan Finance Authority Revenue 5.000% 7/1/44 620 661
Michigan Finance Authority Revenue        
(Detroit School District) 5.000% 5/1/18 600 623
Michigan Finance Authority Revenue        
(Detroit Water & Sewer) 5.000% 7/1/17 250 252
Michigan Finance Authority Revenue        
(Detroit Water & Sewer) 5.000% 7/1/25 (4) 250 291
Michigan Finance Authority Revenue        
(Detroit Water & Sewer) 5.000% 7/1/25 (4) 400 466
Michigan Finance Authority Revenue        
(Detroit Water & Sewer) 5.000% 7/1/26 (4) 280 324
Michigan Finance Authority Revenue        
(Detroit Water & Sewer) 5.000% 7/1/32 (4) 115 130
Michigan Finance Authority Revenue        
(Detroit Water & Sewer) 5.000% 7/1/34 485 528
Michigan Finance Authority Revenue        
(Unemployment Obligation Assessment) 5.000% 1/1/18 200 206
Michigan Finance Authority Revenue        
(Unemployment Obligation Assessment) 5.000% 7/1/19 200 217

 

47

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Michigan Finance Authority Revenue        
(Unemployment Obligation Assessment) 5.000% 7/1/20 110 119
Michigan Finance Authority Revenue        
(Unemployment Obligation Assessment) 5.000% 1/1/21 210 227
Michigan GAN 5.000% 3/15/22 300 347
Michigan GAN 5.000% 3/15/25 170 203
Michigan GAN 5.000% 3/15/26 100 120
Michigan GAN 5.000% 3/15/27 405 489
Michigan GO 5.250% 9/15/17 (Prere.) 245 249
Michigan GO 5.000% 11/1/18 (Prere.) 50 53
Michigan GO 5.000% 5/1/19 65 68
Michigan Grant Anticipation Revenue 5.250% 9/15/17 (Prere.) 400 407
Michigan Trunk Line Revenue 5.500% 11/1/18 65 69
Michigan Trunk Line Revenue 5.000% 11/1/19 50 55
University of Michigan Revenue 5.000% 4/1/25 500 611
University of Michigan Revenue 5.000% 4/1/40 500 575
University of Michigan Revenue 5.000% 4/1/47 500 577
Wayne County MI Airport Authority Revenue        
(Detroit Metropolitan Wayne County Airport) 5.000% 12/1/42 (4) 230 247
Wayne State University Michigan Revenue 5.000% 11/15/18 (Prere.) 155 165
Wayne State University Michigan Revenue 5.000% 11/15/24 (4) 200 212
Western Michigan University Revenue 5.000% 5/15/18 (Prere.) 50 52
        17,019
Minnesota (0.5%)        
Hennepin County MN Sales Tax Revenue 4.750% 12/15/17 (Prere.) 250 256
Minnesota General Fund Revenue 5.000% 3/1/27 500 571
Minnesota General Fund Revenue 5.000% 3/1/29 760 874
Minnesota GO 5.000% 8/1/17 (Prere.) 545 551
Minnesota GO 5.000% 8/1/17 125 126
Minnesota GO 5.000% 8/1/17 (Prere.) 145 147
Minnesota GO 5.000% 10/1/17 900 916
Minnesota GO 5.000% 10/1/18 350 370
Minnesota GO 5.000% 8/1/19 200 218
Minnesota GO 5.000% 11/1/19 75 82
Minnesota GO 5.000% 8/1/20 500 561
Minnesota GO 5.000% 8/1/21 485 544
Minnesota GO 5.000% 8/1/22 160 179
Minnesota GO 5.000% 8/1/23 150 180
Minnesota GO 5.000% 8/1/23 200 224
Minnesota Municipal Power Agency Revenue 5.000% 1/1/40 415 460
        6,259
Mississippi (0.1%)        
Mississippi Development Bank Special Obligation        
Revenue 5.250% 8/1/20 (Prere.) 500 564
Mississippi GO 5.000% 10/1/20 75 85
Mississippi GO 5.000% 11/1/21 150 173
Mississippi GO 5.000% 10/1/36 855 962
        1,784

 

48

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Missouri (0.4%)        
Bi-State Development Agency of the        
Missouri-Illinois Metropolitan District Mass        
Transit Sales Tax Revenue 5.000% 10/1/28 100 105
Jackson County MO Special Obligation Revenue        
(Truman Sports Complex Project) 5.000% 12/1/31 220 250
Kansas City MO Special Obligation Revenue        
(Downtown Arena Project) 5.125% 4/1/18 (Prere.) 300 312
Kansas City MO Special Obligation Revenue        
(Downtown Arena Project) 5.000% 4/1/40 500 552
Metropolitan St. Louis MO Sewer District        
Wastewater System Revenue 5.000% 5/1/27 50 59
Missouri Highways & Transportation Commission        
Road Revenue 5.000% 5/1/19 1,210 1,307
Missouri Highways & Transportation Commission        
Road Revenue 5.000% 5/1/24 130 158
Missouri Highways & Transportation Commission        
Road Revenue 5.000% 5/1/25 100 121
Missouri Joint Municipal Electric Utility        
Commission Power Project Revenue (Iatan 2        
Project) 6.000% 1/1/19 (Prere.) 115 124
Springfield MO Public Utility Revenue 5.000% 8/1/20 250 280
Springfield MO Public Utility Revenue 4.000% 8/1/31 130 141
St. Louis MO Airport Revenue (Lambert-St. Louis        
International Airport) 5.500% 7/1/30 (14) 50 61
St. Louis MO Sewer & Wastewater Revenue 5.000% 5/1/42 750 833
St. Louis MO Sewer & Wastewater Revenue 5.000% 5/1/45 610 692
        4,995
Nebraska (0.2%)        
Nebraska GO (Lincoln-West Haymarket Joint        
Public Agency) 5.000% 12/15/42 50 56
Nebraska Public Power District Revenue 5.000% 1/1/18 (Prere.) 520 534
Nebraska Public Power District Revenue 4.000% 1/1/44 810 820
Omaha NE Public Power District Electric Revenue 5.000% 2/1/21 150 171
Omaha NE Public Power District Electric Revenue 5.000% 2/1/28 250 302
Omaha NE Public Power District Electric Revenue 5.000% 2/1/31 85 99
Omaha NE Public Power District Electric Revenue 4.000% 2/1/38 175 180
Omaha NE Public Power District Electric Revenue 4.000% 2/1/42 150 152
Omaha NE Public Power District Electric Revenue 5.250% 2/1/42 135 154
        2,468
Nevada (1.3%)        
Clark County NV Airport Improvement Revenue 5.000% 7/1/18 1,000 1,047
Clark County NV Airport Improvement Revenue 5.000% 7/1/24 (4) 455 494
Clark County NV GO 5.000% 6/1/18 (Prere.) 55 57
Clark County NV GO 5.000% 6/1/18 (Prere.) 295 308
Clark County NV GO 5.000% 11/1/26 160 197
Clark County NV GO 5.000% 11/1/27 600 731
Clark County NV GO 4.000% 6/1/31 565 614
Clark County NV Highway Improvement Motor        
Vehicle Fuel Tax Revenue 5.000% 7/1/19 (Prere.) 500 542
Clark County NV Passenger Facility Charge        
Revenue (Las Vegas McCarran International        
Airport) 5.000% 7/1/17 (Prere.) 100 101

 

49

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Clark County NV Passenger Facility Charge        
Revenue (Las Vegas McCarran International        
Airport) 5.000% 7/1/17 (Prere.) 200 201
Clark County NV Passenger Facility Charge        
Revenue (Las Vegas McCarran International        
Airport) 5.000% 7/1/30 100 108
Clark County NV Passenger Facility Charge        
Revenue (Las Vegas McCarran International        
Airport) 5.250% 7/1/39 (4) 115 125
Clark County NV Passenger Facility Charge        
Revenue (Las Vegas McCarran International        
Airport) 5.250% 7/1/42 110 119
Clark County NV School District GO 3.500% 6/15/17 (Prere.) 125 125
Clark County NV School District GO 4.500% 6/15/17 (14) 55 55
Clark County NV School District GO 5.500% 6/15/17 100 101
Clark County NV School District GO 5.000% 12/15/17 (Prere.) 245 251
Clark County NV School District GO 5.000% 6/15/18 720 752
Clark County NV School District GO 5.000% 6/15/18 (Prere.) 50 52
Clark County NV School District GO 5.000% 6/15/18 (Prere.) 320 335
Clark County NV School District GO 5.000% 6/15/18 (Prere.) 400 418
Clark County NV School District GO 5.000% 6/15/18 (Prere.) 155 162
Clark County NV School District GO 5.000% 6/15/18 (Prere.) 250 262
Clark County NV School District GO 5.000% 6/15/18 (Prere.) 1,125 1,177
Clark County NV School District GO 5.000% 6/15/21 (14) 125 129
Clark County NV School District GO 5.000% 6/15/22 (14) 75 78
Clark County NV School District GO 5.000% 6/15/23 750 883
Clark County NV School District GO 5.000% 6/15/23 (14) 325 336
Las Vegas NV Convention & Visitors Authority        
Revenue 5.000% 7/1/28 155 182
Las Vegas NV Convention & Visitors Authority        
Revenue 5.000% 7/1/29 160 187
Las Vegas NV GO 6.000% 4/1/19 (Prere.) 100 109
Las Vegas Valley Water District Nevada GO 5.000% 2/1/18 (Prere.) 220 227
Las Vegas Valley Water District Nevada GO 5.000% 2/1/18 (Prere.) 150 155
Las Vegas Valley Water District Nevada GO 5.000% 2/1/18 (Prere.) 105 108
Las Vegas Valley Water District Nevada GO 5.000% 6/1/34 250 285
Las Vegas Valley Water District Nevada GO 5.000% 6/1/37 520 585
Las Vegas Valley Water District Nevada GO 5.000% 6/1/38 60 67
Las Vegas Valley Water District Nevada GO 5.000% 6/1/39 195 220
Las Vegas Valley Water District Nevada GO 5.000% 6/1/41 140 158
Las Vegas Valley Water District Nevada GO 4.000% 6/1/42 500 518
Las Vegas Valley Water District Nevada GO 5.000% 6/1/42 285 319
Nevada Capital Improvement & Cultural Affairs        
GO 5.000% 12/1/17 (Prere.) 125 128
Nevada Capital Improvement & Cultural Affairs        
GO 5.000% 3/1/22 50 58
Nevada Capital Improvement GO 5.000% 4/1/20 250 278
Nevada GO 5.000% 12/1/17 (Prere.) 100 102
Nevada GO 5.000% 6/1/18 100 104
Nevada GO 5.000% 4/1/24 110 132
Nevada GO 5.000% 11/1/24 115 140
Nevada GO 5.000% 11/1/26 250 299
Nevada Highway Improvement Revenue        
(Motor Vehicle Fuel Tax) 5.000% 12/1/27 200 244

 

50

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Nevada Highway Improvement Revenue        
(Motor Vehicle Fuel Tax) 5.000% 12/1/30 335 406
Nevada Unemployment Compensation Revenue 5.000% 12/1/17 100 102
Truckee Meadows NV Water Authority Water        
Revenue 4.500% 7/1/30 (4) 200 201
Truckee Meadows NV Water Authority Water        
Revenue 5.000% 7/1/33 100 117
Washoe County NV Highway Fuel Tax Revenue 5.000% 2/1/29 885 941
        16,132
New Hampshire (0.0%)        
New Hampshire Health & Education Facilities        
Authority Revenue (Dartmouth College) 5.250% 6/1/19 (Prere.) 365 397
 
New Jersey (5.2%)        
Garden State Preservation Trust New Jersey        
Revenue (Open Space & Farmland Preservation) 5.125% 11/1/17 (4) 90 92
Garden State Preservation Trust New Jersey        
Revenue (Open Space & Farmland Preservation) 5.000% 11/1/20 485 529
Garden State Preservation Trust New Jersey        
Revenue (Open Space & Farmland Preservation) 5.000% 11/1/22 400 450
Garden State Preservation Trust New Jersey        
Revenue (Open Space & Farmland Preservation) 0.000% 11/1/27 (4) 500 349
Garden State Preservation Trust New Jersey        
Revenue (Open Space & Farmland Preservation) 0.000% 11/1/28 (4) 500 334
Garden State Preservation Trust New Jersey        
Revenue (Open Space & Farmland Preservation) 5.750% 11/1/28 (4) 300 370
New Jersey COP 5.250% 6/15/19 (Prere.) 200 217
New Jersey COP 5.250% 6/15/19 (Prere.) 1,910 2,075
New Jersey Economic Development Authority        
Lease Revenue (Rutgers State University) 5.000% 6/15/46 1,495 1,654
New Jersey Economic Development Authority        
Revenue 5.000% 11/1/22 550 587
New Jersey Economic Development Authority        
Revenue 5.000% 6/15/23 460 490
New Jersey Economic Development Authority        
Revenue 4.000% 6/15/24 100 101
New Jersey Economic Development Authority        
Revenue 5.000% 6/15/41 200 200
New Jersey Economic Development Authority        
Revenue (Cigarette Tax) 5.000% 6/15/17 100 100
New Jersey Economic Development Authority        
Revenue (Cigarette Tax) 5.000% 6/15/24 130 141
New Jersey Economic Development Authority        
Revenue (Cigarette Tax) 4.250% 6/15/27 320 328
New Jersey Economic Development Authority        
Revenue (Cigarette Tax) 5.000% 6/15/28 250 266
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 9/1/17 (ETM) 590 598
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 9/1/17 (Prere.) 120 122
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 3/1/19 (ETM) 1,000 1,072
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 6/15/19 400 420

 

51

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 3/1/20 220 233
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 3/1/21 510 543
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.250% 3/1/21 (Prere.) 100 115
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.250% 12/15/21 (14) 100 112
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 3/1/22 885 941
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 3/1/22 350 372
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 3/1/23 1,110 1,182
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 3.000% 3/1/24 710 671
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 3/1/24 900 953
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.250% 9/1/24 250 265
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 3/1/25 1,715 1,802
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.250% 9/1/25 250 264
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 3/1/26 255 266
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 4.375% 6/15/27 110 110
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 6/15/27 165 171
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 3/1/28 455 470
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 3/1/29 180 185
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 3/1/30 740 755
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 3/1/38 150 150
New Jersey Economic Development Authority        
Revenue (School Facilities Construction) 5.000% 6/15/40 100 100
New Jersey Economic Development Authority        
Revenue(Provident Group-Rowan Properties        
LLC - Rowan University Housing Project) 5.000% 1/1/48 100 105
New Jersey Economic Development Authority        
Sublease Revenue (New Jersey Transit Corp.        
Light Rail Transit System Project) 5.000% 5/1/19 215 225
New Jersey Economic Development Authority        
Sublease Revenue (New Jersey Transit Corp.        
Projects) 5.000% 11/1/21 990 1,055
New Jersey Educational Facilities Authority        
Revenue (College of New Jersey) 5.000% 7/1/18 (Prere.) 140 147
New Jersey Educational Facilities Authority        
Revenue (Kean University) 5.000% 7/1/17 (Prere.) 100 101

 

52

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Jersey Educational Facilities Authority        
Revenue (Princeton University) 5.000% 7/1/33 160 161
New Jersey Educational Facilities Authority        
Revenue (Princeton University) 4.500% 7/1/35 1,000 1,036
New Jersey Educational Facilities Authority        
Revenue (Princeton University) 4.500% 7/1/37 300 302
New Jersey Educational Facilities Authority        
Revenue (Princeton University) 4.000% 7/1/45 140 146
New Jersey Educational Facilities Authority        
Revenue (Princeton University) 4.000% 7/1/47 520 548
New Jersey Equipment Lease Purchase COP 5.000% 6/15/18 (Prere.) 100 105
New Jersey GO 5.000% 6/1/20 300 328
New Jersey GO 5.000% 8/15/20 500 550
New Jersey GO 5.000% 6/1/22 700 790
New Jersey GO 5.000% 6/1/28 125 140
New Jersey Health Care Facilities Financing        
Authority Revenue (Hospital Asset        
Transformation Program) 5.250% 10/1/18 (Prere.) 15 16
New Jersey Health Care Facilities Financing        
Authority Revenue (Hospital Asset        
Transformation Program) 5.250% 10/1/38 40 40
New Jersey Higher Education Assistance        
Authority Student Loan Revenue 5.625% 6/1/30 100 107
New Jersey Transportation Trust Fund Authority        
Federal Highway Reimbursement Revenue 5.000% 6/15/19 150 158
New Jersey Transportation Trust Fund Authority        
Federal Highway Reimbursement Revenue 5.000% 6/15/20 200 213
New Jersey Transportation Trust Fund Authority        
Federal Highway Reimbursement Revenue 5.000% 6/15/21 250 259
New Jersey Transportation Trust Fund Authority        
Federal Highway Reimbursement Revenue 5.000% 6/15/22 150 155
New Jersey Transportation Trust Fund Authority        
Federal Highway Reimbursement Revenue 5.000% 6/15/23 150 155
New Jersey Transportation Trust Fund Authority        
Federal Highway Reimbursement Revenue 5.000% 6/15/23 100 109
New Jersey Transportation Trust Fund Authority        
Federal Highway Reimbursement Revenue 5.000% 6/15/24 160 165
New Jersey Transportation Trust Fund Authority        
Federal Highway Reimbursement Revenue 5.000% 6/15/25 200 217
New Jersey Transportation Trust Fund Authority        
Federal Highway Reimbursement Revenue 5.000% 6/15/27 300 324
New Jersey Transportation Trust Fund Authority        
Federal Highway Reimbursement Revenue 5.000% 6/15/28 300 321
New Jersey Transportation Trust Fund Authority        
Federal Highway Reimbursement Revenue 5.000% 6/15/29 1,750 1,790
New Jersey Transportation Trust Fund Authority        
Federal Highway Reimbursement Revenue 5.000% 6/15/30 150 158
New Jersey Transportation Trust Fund Authority        
Federal Highway Reimbursement Revenue 5.000% 6/15/30 225 230
New Jersey Transportation Trust Fund Authority        
Federal Highway Reimbursement Revenue 5.000% 6/15/31 1,000 1,021
New Jersey Transportation Trust Fund Authority        
Federal Highway Reimbursement Revenue 0.000% 12/15/35 (2) 160 64

 

53

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Jersey Transportation Trust Fund Authority        
Transportation Program Revenue 5.000% 6/15/25 580 608
New Jersey Transportation Trust Fund Authority        
Transportation Program Revenue 5.000% 12/15/25 (2) 445 455
New Jersey Transportation Trust Fund Authority        
Transportation Program Revenue 5.000% 6/15/28 600 618
New Jersey Transportation Trust Fund Authority        
Transportation Program Revenue 5.750% 12/15/31 200 210
New Jersey Transportation Trust Fund Authority        
Transportation Program Revenue 5.000% 6/15/32 250 253
New Jersey Transportation Trust Fund Authority        
Transportation Program Revenue 5.000% 6/15/36 145 146
New Jersey Transportation Trust Fund Authority        
Transportation Program Revenue 0.000% 12/15/36 170 59
New Jersey Transportation Trust Fund Authority        
Transportation Program Revenue 4.750% 6/15/38 150 147
New Jersey Transportation Trust Fund Authority        
Transportation Program Revenue 5.000% 6/15/38 660 662
New Jersey Transportation Trust Fund Authority        
Transportation Program Revenue 5.000% 6/15/44 400 400
New Jersey Transportation Trust Fund Authority        
Transportation Program Revenue 5.000% 6/15/46 50 50
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 6.000% 12/15/18 (Prere.) 1,000 1,081
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.000% 12/15/19 200 213
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.250% 12/15/19 500 535
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.250% 12/15/19 325 348
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.500% 12/15/21 740 812
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.000% 6/15/22 125 134
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.250% 6/15/22 65 70
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.500% 12/15/22 170 187
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.000% 12/15/23 565 608
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.250% 12/15/23 240 262
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.250% 12/15/23 (2) 255 281
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.500% 12/15/23 315 348
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.000% 6/15/24 140 150
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/24 (2) 580 436
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.000% 12/15/24 250 267
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.250% 6/15/26 450 475

 

54

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/26 230 148
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/26 (2) 405 273
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.000% 12/15/26 (2) 200 204
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.000% 12/15/27 (2) 155 158
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/28 580 331
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/28 (2) 1,035 625
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/29 100 53
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/30 (14) 100 55
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/30 1,000 504
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/31 (14) 525 271
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/31 735 348
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.000% 6/15/32 700 712
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.250% 6/15/32 670 699
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/32 (4) 1,465 721
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/32 60 27
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.000% 12/15/32 (2) 1,580 1,609
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/33 130 54
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/34 305 118
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.000% 12/15/34 (2) 715 728
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/35 870 318
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.250% 6/15/36 250 256
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/36 (2) 560 212
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/37 415 135
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 4.750% 12/15/37 (2) 580 587
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/38 720 221
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/38 150 46
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.875% 12/15/38 795 838

 

55

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 6.000% 12/15/38 750 796
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/39 845 244
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 0.000% 12/15/40 880 240
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.000% 6/15/42 370 370
New Jersey Transportation Trust Fund Authority        
Transportation System Revenue 5.000% 6/15/42 315 315
New Jersey Turnpike Authority Revenue 5.000% 1/1/19 80 85
New Jersey Turnpike Authority Revenue 5.000% 1/1/20 150 165
New Jersey Turnpike Authority Revenue 5.000% 1/1/25 200 232
New Jersey Turnpike Authority Revenue 5.000% 1/1/26 125 144
New Jersey Turnpike Authority Revenue 5.250% 1/1/26 (4) 420 515
New Jersey Turnpike Authority Revenue 5.000% 1/1/27 10 12
New Jersey Turnpike Authority Revenue 5.000% 1/1/27 170 194
New Jersey Turnpike Authority Revenue 5.250% 1/1/27 (4) 75 93
New Jersey Turnpike Authority Revenue 5.000% 1/1/28 525 597
New Jersey Turnpike Authority Revenue 5.000% 1/1/29 500 592
New Jersey Turnpike Authority Revenue 5.000% 1/1/29 100 113
New Jersey Turnpike Authority Revenue 5.000% 1/1/30 130 149
New Jersey Turnpike Authority Revenue 5.000% 1/1/31 195 223
New Jersey Turnpike Authority Revenue 5.000% 1/1/31 100 114
New Jersey Turnpike Authority Revenue 5.000% 1/1/31 50 54
New Jersey Turnpike Authority Revenue 5.000% 1/1/32 410 460
New Jersey Turnpike Authority Revenue 5.000% 1/1/32 1,200 1,363
New Jersey Turnpike Authority Revenue 5.000% 1/1/33 400 451
New Jersey Turnpike Authority Revenue 5.000% 1/1/33 170 192
New Jersey Turnpike Authority Revenue 5.000% 1/1/34 645 727
New Jersey Turnpike Authority Revenue 5.000% 1/1/35 415 448
New Jersey Turnpike Authority Revenue 5.000% 1/1/35 65 72
New Jersey Turnpike Authority Revenue 5.000% 1/1/36 100 106
New Jersey Turnpike Authority Revenue 5.000% 1/1/38 1,120 1,252
New Jersey Turnpike Authority Revenue 4.000% 1/1/43 100 101
New Jersey Turnpike Authority Revenue 5.000% 1/1/43 435 478
New Jersey Turnpike Authority Revenue 5.000% 1/1/45 1,690 1,868
Newark NJ Housing Authority Port Authority-Port        
Newark Marine Terminal Revenue (City of        
Newark Redevelopment Projects) 4.375% 1/1/37 (14) 105 105
Rutgers State University New Jersey Revenue 5.000% 5/1/19 (Prere.) 315 340
South Jersey Transportation Authority New        
Jersey Transportation System Revenue 5.000% 11/1/20 130 143
South Jersey Transportation Authority New        
Jersey Transportation System Revenue 5.000% 11/1/39 80 86
        64,901
New Mexico (0.1%)        
New Mexico Finance Authority Transportation        
Revenue 5.000% 6/15/17 350 352
New Mexico Finance Authority Transportation        
Revenue 5.000% 6/15/18 125 131
New Mexico Finance Authority Transportation        
Revenue 4.000% 6/15/19 210 223

 

56

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New Mexico Finance Authority Transportation        
Revenue 5.000% 6/15/19 350 379
New Mexico Finance Authority Transportation        
Revenue 5.000% 6/15/21 220 253
        1,338
New York (20.5%)        
Brooklyn NY Local Development Corp. PILOT        
Revenue (Barclays Center Project) 6.375% 1/15/20 (Prere.) 895 1,018
Brooklyn NY Local Development Corp. PILOT        
Revenue (Barclays Center Project) 6.500% 1/15/20 (Prere.) 255 291
Brooklyn NY Local Development Corp. PILOT        
Revenue (Barclays Center Project) 0.000% 7/15/46 175 47
Brooklyn NY Local Development Corp. PILOT        
Revenue (Barclays Center Project) 0.000% 7/15/47 240 63
Brooklyn NY Local Development Corp. PILOT        
Revenue (Brooklyn Events Center) 5.000% 7/15/42 200 218
Hudson Yards Infrastructure Corp. New York        
Revenue 4.500% 2/15/47 (14) 1,905 1,909
Hudson Yards Infrastructure Corp. New York        
Revenue 5.000% 2/15/47 1,425 1,448
Hudson Yards Infrastructure Corp. New York        
Revenue 5.000% 2/15/47 (3) 1,015 1,022
Hudson Yards Infrastructure Corp. New York        
Revenue 5.250% 2/15/47 250 277
Hudson Yards Infrastructure Corp. New York        
Revenue 5.750% 2/15/47 1,545 1,756
Long Island NY Power Authority Electric System        
Revenue 5.500% 4/1/19 (Prere.) 400 434
Long Island NY Power Authority Electric System        
Revenue 5.750% 4/1/19 (Prere.) 150 163
Long Island NY Power Authority Electric System        
Revenue 5.750% 4/1/19 (Prere.) 135 147
Long Island NY Power Authority Electric System        
Revenue 6.250% 4/1/19 (Prere.) 335 368
Long Island NY Power Authority Electric System        
Revenue 5.500% 5/1/19 (Prere.) 425 463
Long Island NY Power Authority Electric System        
Revenue 6.000% 5/1/19 (Prere.) 550 604
Long Island NY Power Authority Electric System        
Revenue 0.000% 6/1/22 (4) 100 91
Long Island NY Power Authority Electric System        
Revenue 0.000% 6/1/26 (4) 110 87
Long Island NY Power Authority Electric System        
Revenue 5.000% 9/1/26 100 114
Long Island NY Power Authority Electric System        
Revenue 0.000% 6/1/28 (4) 270 197
Long Island NY Power Authority Electric System        
Revenue 5.000% 5/1/36 (4) 400 443
Long Island NY Power Authority Electric System        
Revenue 5.000% 9/1/37 500 550
Long Island NY Power Authority Electric System        
Revenue 5.000% 5/1/38 330 366
Long Island NY Power Authority Electric System        
Revenue 5.000% 9/1/41 495 554

 

57

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Long Island NY Power Authority Electric System        
Revenue 5.000% 9/1/42 480 527
Long Island NY Power Authority Electric System        
Revenue 5.000% 9/1/44 1,000 1,105
Long Island NY Power Authority Electric System        
Revenue 5.000% 9/1/45 200 223
Nassau County NY GO 5.000% 4/1/39 250 274
Nassau County NY GO 5.000% 4/1/43 390 426
New York City NY GO 5.000% 8/1/17 (ETM) 10 10
New York City NY GO 5.000% 8/1/17 90 91
New York City NY GO 5.000% 8/1/17 (ETM) 60 61
New York City NY GO 5.000% 8/1/17 890 899
New York City NY GO 5.000% 8/1/17 735 743
New York City NY GO 5.000% 2/1/18 (Prere.) 40 41
New York City NY GO 5.000% 4/1/18 (Prere.) 35 36
New York City NY GO 5.000% 8/1/18 500 525
New York City NY GO 5.000% 8/1/18 240 252
New York City NY GO 5.000% 8/1/18 500 525
New York City NY GO 5.000% 8/1/18 405 425
New York City NY GO 5.000% 8/1/18 750 787
New York City NY GO 5.000% 8/1/18 2,000 2,100
New York City NY GO 5.000% 8/1/18 240 252
New York City NY GO 5.500% 11/15/18 (Prere.) 100 107
New York City NY GO 5.375% 4/1/19 (Prere.) 1,700 1,841
New York City NY GO 5.000% 5/15/19 (Prere.) 15 16
New York City NY GO 5.000% 8/1/19 195 212
New York City NY GO 5.000% 8/1/19 380 413
New York City NY GO 5.000% 8/1/19 175 190
New York City NY GO 5.000% 8/1/19 1,000 1,010
New York City NY GO 5.000% 8/1/19 175 190
New York City NY GO 5.000% 8/1/19 335 364
New York City NY GO 4.000% 9/1/19 255 266
New York City NY GO 5.000% 8/1/20 150 168
New York City NY GO 5.000% 8/1/20 375 420
New York City NY GO 5.000% 8/1/20 210 229
New York City NY GO 5.000% 8/1/20 300 336
New York City NY GO 5.000% 8/1/20 1,300 1,455
New York City NY GO 5.000% 8/1/20 150 168
New York City NY GO 5.000% 8/1/20 310 347
New York City NY GO 5.000% 8/1/20 500 560
New York City NY GO 5.000% 4/1/21 250 285
New York City NY GO 5.000% 8/1/21 300 344
New York City NY GO 5.000% 8/1/21 175 201
New York City NY GO 5.000% 8/1/21 150 172
New York City NY GO 5.000% 8/1/21 300 344
New York City NY GO 5.000% 8/1/21 125 136
New York City NY GO 5.000% 8/1/22 60 70
New York City NY GO 5.000% 8/1/22 300 351
New York City NY GO 5.000% 8/1/22 60 70
New York City NY GO 5.000% 8/1/22 120 140
New York City NY GO 5.000% 4/1/23 700 813
New York City NY GO 5.000% 8/1/23 15 18
New York City NY GO 5.000% 8/1/23 125 136
New York City NY GO 5.000% 8/1/23 250 286

 

58

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York City NY GO 5.000% 4/1/24 115 119
New York City NY GO 5.000% 8/1/24 550 664
New York City NY GO 5.000% 8/1/24 575 694
New York City NY GO 5.000% 8/1/24 435 525
New York City NY GO 5.000% 8/1/24 285 333
New York City NY GO 5.000% 8/1/24 200 234
New York City NY GO 5.000% 8/1/24 1,000 1,207
New York City NY GO 5.000% 2/1/25 80 82
New York City NY GO 5.000% 4/1/25 100 104
New York City NY GO 5.000% 8/1/25 350 425
New York City NY GO 5.000% 8/1/25 140 168
New York City NY GO 5.000% 8/1/25 200 235
New York City NY GO 5.000% 8/1/25 475 564
New York City NY GO 5.000% 4/1/26 100 104
New York City NY GO 5.000% 8/1/26 515 632
New York City NY GO 5.000% 8/1/26 1,800 2,189
New York City NY GO 5.000% 8/1/26 500 581
New York City NY GO 5.125% 12/1/26 100 102
New York City NY GO 5.000% 4/1/27 275 317
New York City NY GO 5.000% 8/1/27 200 238
New York City NY GO 5.000% 8/1/27 200 240
New York City NY GO 5.000% 8/1/27 135 163
New York City NY GO 5.000% 8/1/28 225 273
New York City NY GO 5.000% 8/1/28 55 66
New York City NY GO 5.000% 8/1/28 300 354
New York City NY GO 5.000% 10/1/28 725 840
New York City NY GO 5.000% 8/1/29 240 278
New York City NY GO 5.000% 8/1/29 315 369
New York City NY GO 5.000% 3/1/30 100 115
New York City NY GO 5.000% 8/1/30 185 219
New York City NY GO 5.000% 10/1/30 315 358
New York City NY GO 5.000% 5/15/31 230 247
New York City NY GO 4.000% 8/1/32 800 864
New York City NY GO 5.000% 8/1/32 110 126
New York City NY GO 5.000% 10/1/32 185 209
New York City NY GO 5.000% 8/1/33 1,000 1,140
New York City NY GO 5.000% 8/1/35 50 56
New York City NY GO 5.375% 4/1/36 1,280 1,380
New York City NY GO 5.000% 5/15/36 285 306
New York City NY GO 4.000% 12/1/43 265 274
New York City NY IDA (Yankee Stadium) 5.000% 3/1/31 (3) 20 20
New York City NY Industrial Development        
Agency PILOT Revenue (Yankee Stadium        
Project) 5.000% 3/1/36 (14) 100 101
New York City NY Industrial Development        
Agency PILOT Revenue (Yankee Stadium        
Project) 4.500% 3/1/39 (3) 790 792
New York City NY Industrial Development        
Agency PILOT Revenue (Yankee Stadium        
Project) 4.750% 3/1/46 (14) 130 130
New York City NY Industrial Development        
Agency PILOT Revenue (Yankee Stadium        
Project) 5.000% 3/1/46 (3) 565 568

 

59

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 4.500% 6/15/39 (Prere.) 260 261
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 4.750% 6/15/35 (Prere.) 100 101
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/18 (Prere.) 15 16
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/26 240 274
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/29 235 277
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/29 170 187
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 4.750% 6/15/30 175 176
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.250% 6/15/30 120 140
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.250% 6/15/32 2,110 2,287
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 4.750% 6/15/33 (14) 50 50
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 4.000% 6/15/34 150 158
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/34 460 527
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/34 1,000 1,144
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/35 670 723
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 4.750% 6/15/36 (4) 150 151
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/36 1,000 1,164
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/37 380 397
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 4.500% 6/15/38 510 527
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/38 1,225 1,231
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/38 350 395
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/39 535 577
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/39 100 114
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/39 1,165 1,256
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/39 765 869
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/39 300 343
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/40 1,220 1,316
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.250% 6/15/40 545 591

 

60

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.375% 6/15/40 115 130
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.500% 6/15/40 120 131
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.750% 6/15/40 180 190
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/43 815 906
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.375% 6/15/43 1,610 1,814
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.500% 6/15/43 1,415 1,603
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 4.000% 6/15/44 210 215
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/44 710 784
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/44 1,320 1,472
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.250% 6/15/44 500 565
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 4.000% 6/15/45 220 227
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 4.000% 6/15/45 115 119
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 4.000% 6/15/45 100 102
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/45 1,405 1,550
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 4.000% 6/15/46 415 425
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/46 1,625 1,807
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/46 500 569
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/47 355 393
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/47 250 277
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/47 2,095 2,350
New York City NY Municipal Water Finance        
Authority Water & Sewer System Revenue 5.000% 6/15/47 355 398
New York City NY Sales Tax Asset Receivable        
Corp. Revenue 5.000% 10/15/18 110 117
New York City NY Sales Tax Asset Receivable        
Corp. Revenue 5.000% 10/15/21 250 290
New York City NY Sales Tax Asset Receivable        
Corp. Revenue 5.000% 10/15/22 200 237
New York City NY Sales Tax Asset Receivable        
Corp. Revenue 5.000% 10/15/26 125 152
New York City NY Sales Tax Asset Receivable        
Corp. Revenue 5.000% 10/15/27 390 468
New York City NY Sales Tax Asset Receivable        
Corp. Revenue 5.000% 10/15/28 360 430

 

61

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York City NY Sales Tax Asset Receivable        
Corp. Revenue 5.000% 10/15/29 300 356
New York City NY Sales Tax Asset Receivable        
Corp. Revenue 5.000% 10/15/30 865 1,023
New York City NY Sales Tax Asset Receivable        
Corp. Revenue 5.000% 10/15/31 1,805 2,124
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.000% 7/15/25 160 183
New York City NY Transitional Finance Authority        
Building Aid Revenue 3.250% 7/15/27 100 104
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.250% 1/15/30 60 64
New York City NY Transitional Finance Authority        
Building Aid Revenue 4.500% 1/15/31 (14) 350 351
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.000% 1/15/31 255 271
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.000% 7/15/31 80 93
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.000% 7/15/32 170 190
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.000% 7/15/32 320 363
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.125% 1/15/33 605 645
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.500% 1/15/33 315 338
New York City NY Transitional Finance Authority        
Building Aid Revenue 6.000% 7/15/33 280 297
New York City NY Transitional Finance Authority        
Building Aid Revenue 4.250% 1/15/34 (14) 445 446
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.000% 1/15/34 700 719
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.375% 1/15/34 140 150
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.000% 7/15/35 750 858
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.000% 7/15/36 100 112
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.000% 7/15/36 (12) 100 100
New York City NY Transitional Finance Authority        
Building Aid Revenue 4.500% 1/15/38 80 82
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.500% 1/15/39 245 263
New York City NY Transitional Finance Authority        
Building Aid Revenue 4.000% 7/15/40 1,230 1,263
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.000% 7/15/40 350 390
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.000% 7/15/40 1,585 1,796
New York City NY Transitional Finance Authority        
Building Aid Revenue 4.000% 7/15/42 545 566
New York City NY Transitional Finance Authority        
Building Aid Revenue 5.000% 7/15/43 1,050 1,179

 

62

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/17 (ETM) 160 163
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/17 190 194
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 5/1/18 (Prere.) 105 109
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 5/1/19 (Prere.) 135 146
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/19 100 110
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/19 (Prere.) 55 60
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/20 240 271
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/20 145 160
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/21 125 144
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/21 160 185
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/21 175 202
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.250% 2/1/22 450 516
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/22 215 249
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/24 595 687
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 8/1/25 25 29
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/25 150 183
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/25 175 214
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/26 200 243
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/26 125 147
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 8/1/27 125 149
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/27 100 121
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 2/1/29 340 406
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/29 415 483
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 5/1/30 210 243
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 2/1/31 590 692
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 5/1/31 50 58
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 8/1/31 80 94

 

63

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 8/1/31 300 349
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/31 185 218
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/31 150 170
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/31 100 116
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 5/1/32 1,850 2,166
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 8/1/32 150 174
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 8/1/32 200 233
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/32 500 577
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/32 100 115
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 5/1/33 205 239
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 8/1/33 140 161
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/33 400 444
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 5/1/34 80 93
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 5/1/34 320 365
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 8/1/34 480 552
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 2/1/35 305 338
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 8/1/35 1,050 1,201
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/35 505 580
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 2/1/36 230 260
New York City NY Transitional Finance Authority        
Future Tax Revenue 4.000% 5/1/36 185 196
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 8/1/36 95 108
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/36 185 210
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 5/1/37 625 717
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 2/1/38 200 228
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 5/1/38 85 96
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/38 285 319
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/38 165 189

 

64

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York City NY Transitional Finance Authority        
Future Tax Revenue 4.000% 8/1/39 690 720
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 8/1/39 500 567
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 11/1/39 760 844
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 2/1/40 1,030 1,172
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 5/1/40 600 685
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 2/1/41 440 497
New York City NY Transitional Finance Authority        
Future Tax Revenue 4.000% 2/1/42 150 156
New York City NY Transitional Finance Authority        
Future Tax Revenue 4.000% 5/1/42 225 234
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 5/1/42 600 674
New York City NY Transitional Finance Authority        
Future Tax Revenue 5.000% 8/1/42 1,200 1,355
New York City NY Transitional Finance Authority        
Future Tax Revenue 4.000% 5/1/43 250 260
New York City NY Transitional Finance Authority        
Future Tax Revenue 4.000% 2/1/44 750 771
New York City Water & Sewer System 5.000% 6/15/17 (Prere.) 45 45
New York Convention Center Development Corp.        
Revenue 0.000% 11/15/40 650 234
New York Convention Center Development Corp.        
Revenue 5.000% 11/15/40 700 791
New York Liberty Development Corp. Revenue 5.000% 12/15/41 1,235 1,374
New York Liberty Development Corp. Revenue 5.000% 11/15/44 940 1,036
New York Liberty Development Corp. Revenue 5.750% 11/15/51 625 711
New York Metropolitan Transportation Authority        
Revenue 4.500% 11/15/17 (Prere.) 120 122
New York Metropolitan Transportation Authority        
Revenue 4.500% 11/15/17 (Prere.) 80 82
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/17 100 102
New York Metropolitan Transportation Authority        
Revenue 5.000% 5/15/18 (Prere.) 130 136
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/18 70 74
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/18 (Prere.) 100 106
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/18 245 260
New York Metropolitan Transportation Authority        
Revenue 6.500% 11/15/18 (Prere.) 50 54
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/19 50 55
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/19 150 165
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/19 300 329

 

65

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/20 115 130
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/21 120 138
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/1/22 295 346
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/24 495 579
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/25 275 321
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/25 100 117
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/27 250 297
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/27 500 548
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/28 475 550
New York Metropolitan Transportation Authority        
Revenue 6.500% 11/15/28 155 168
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/29 150 173
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/30 10 12
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/34 300 334
New York Metropolitan Transportation Authority        
Revenue 5.250% 11/15/34 1,415 1,588
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/35 150 171
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/36 685 770
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/36 (4) 220 248
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/37 350 393
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/38 50 55
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/38 150 166
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/38 150 167
New York Metropolitan Transportation Authority        
Revenue 5.250% 11/15/38 175 199
New York Metropolitan Transportation Authority        
Revenue 4.250% 11/15/39 100 103
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/39 945 1,062
New York Metropolitan Transportation Authority        
Revenue 5.250% 11/15/40 595 663
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/41 325 364
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/42 50 55

 

66

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/42 550 609
New York Metropolitan Transportation Authority        
Revenue 4.000% 11/15/43 615 629
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/43 645 716
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/43 240 265
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/44 805 893
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/45 250 279
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/46 150 169
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/46 520 582
New York Metropolitan Transportation Authority        
Revenue 5.250% 11/15/55 55 62
New York Metropolitan Transportation Authority        
Revenue 5.000% 11/15/56 1,600 1,775
New York Metropolitan Transportation Authority        
Revenue 5.250% 11/15/56 1,165 1,315
New York Metropolitan Transportation Authority        
Revenue (Dedicated Petroleum Tax) 5.000% 11/15/34 1,580 1,725
New York Metropolitan Transportation Authority        
Revenue (Dedicated Tax Fund) 5.000% 11/15/24 120 141
New York Metropolitan Transportation Authority        
Revenue (Dedicated Tax Fund) 0.000% 11/15/30 565 368
New York Metropolitan Transportation Authority        
Revenue (Dedicated Tax Fund) 5.250% 11/15/30 55 67
New York Metropolitan Transportation Authority        
Revenue (Dedicated Tax Fund) 5.000% 11/15/36 300 347
New York Metropolitan Transportation Authority        
Revenue (Dedicated Tax Fund) 5.000% 11/15/42 815 939
New York Metropolitan Transportation Authority        
Revenue (Hudson Yards Development) 5.000% 11/15/46 1,785 1,908
New York Metropolitan Transportation Authority        
Revenue (Hudson Yards Development) 5.000% 11/15/51 665 716
New York Metropolitan Transportation Authority        
Revenue (Hudson Yards Development) 5.000% 11/15/56 200 217
New York Metropolitan Transportation Authority        
Revenue (Transit Revenue) 5.000% 11/15/25 100 120
New York Metropolitan Transportation Authority        
Revenue (Transit Revenue) 5.000% 11/15/41 410 454
New York Metropolitan Transportation Authority        
Revenue PUT 5.000% 2/15/20 300 328
New York State Dormitory Authority Lease        
Revenue (State University Dormitory Facilities) 5.000% 7/1/35 250 280
New York State Dormitory Authority Lease        
Revenue (State University Dormitory Facilities) 5.000% 7/1/41 125 139
New York State Dormitory Authority Lease        
Revenue (State University Dormitory Facilities) 5.000% 7/1/45 250 282
New York State Dormitory Authority Revenue 5.250% 5/15/19 (2) 50 54

 

67

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York State Dormitory Authority Revenue        
(Columbia University) 5.000% 7/1/38 410 430
New York State Dormitory Authority Revenue        
(Columbia University) 5.000% 10/1/41 400 448
New York State Dormitory Authority Revenue        
(Columbia University) 5.000% 10/1/46 390 513
New York State Dormitory Authority Revenue        
(Cornell University) 5.000% 7/1/39 2,005 2,166
New York State Dormitory Authority Revenue        
(Fordham University) 5.500% 7/1/36 100 114
New York State Dormitory Authority Revenue        
(Mount Sinai School of Medicine of New York        
University) 5.125% 7/1/19 (Prere.) 250 272
New York State Dormitory Authority Revenue        
(New York University) 5.500% 7/1/31 (2) 50 64
New York State Dormitory Authority Revenue        
(New York University) 5.000% 7/1/35 115 132
New York State Dormitory Authority Revenue        
(New York University) 5.000% 7/1/36 170 196
New York State Dormitory Authority Revenue        
(New York University) 5.000% 7/1/39 120 129
New York State Dormitory Authority Revenue        
(New York University) 4.000% 7/1/41 655 677
New York State Dormitory Authority Revenue        
(New York University) 5.000% 7/1/43 635 719
New York State Dormitory Authority Revenue        
(New York University) 5.000% 7/1/48 190 215
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 2/15/18 260 269
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 2/15/18 50 52
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/18 (Prere.) 150 155
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/18 100 104
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 6/15/18 600 628
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 2/15/19 1,005 1,076
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 2/15/19 1,500 1,606
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/19 100 107
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/20 60 67
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/20 500 555
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 12/15/20 180 204
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/21 400 457
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/21 695 793

 

68

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/21 145 165
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 8/15/21 265 305
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/22 350 408
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 12/15/22 250 296
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 2/15/23 100 119
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/24 250 289
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/24 100 120
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 12/15/24 525 616
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 2/15/25 185 225
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/25 190 231
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/25 250 304
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 2/15/26 180 213
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.250% 2/15/27 400 429
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/27 75 90
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 12/15/27 500 583
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 2/15/28 600 729
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 2/15/28 860 1,013
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/28 90 96
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 12/15/28 495 574
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 2/15/29 80 94
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/29 350 400
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/29 335 397
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 12/15/29 100 116
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/30 400 457
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/30 1,680 1,981
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/30 520 607
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 6/15/31 145 167

 

69

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 2/15/32 150 174
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/32 310 359
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/34 235 271
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/34 155 173
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/35 750 857
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/36 500 572
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/36 975 1,119
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.750% 3/15/36 2,250 2,443
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 2/15/37 290 329
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 2/15/38 105 119
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/38 55 62
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/38 100 107
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 2/15/39 1,190 1,347
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 2/15/41 1,000 1,145
New York State Dormitory Authority Revenue        
(Personal Income Tax) 5.000% 3/15/41 1,020 1,126
New York State Dormitory Authority Revenue        
(Service Contract) 5.000% 7/1/19 115 125
New York State Dormitory Authority Revenue        
(Service Contract) 5.000% 7/1/20 600 652
New York State Dormitory Authority Revenue        
(State University Dormitory Facilities) 5.000% 7/1/37 600 671
New York State Dormitory Authority Revenue        
(State University Educational Facilities) 4.000% 5/15/17 100 100
New York State Dormitory Authority Revenue        
(State University Educational Facilities) 5.000% 5/15/18 560 584
New York State Dormitory Authority Revenue        
(State University Educational Facilities) 4.000% 5/15/19 225 238
New York State Dormitory Authority Revenue        
(State University Educational Facilities) 5.000% 5/15/20 75 83
New York State Dormitory Authority Revenue        
(State University Educational Facilities) 5.000% 5/15/23 50 58
New York State Dormitory Authority Revenue        
(State University Educational Facilities) 5.000% 5/15/24 35 41
New York State Dormitory Authority Revenue        
(State University Educational Facilities) 5.000% 5/15/29 500 578
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/18 500 518
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/19 355 381

 

70

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/23 550 656
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/25 105 127
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/26 480 592
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/26 250 304
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/26 250 301
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/27 100 122
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/27 1,000 1,233
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/27 120 143
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/28 270 326
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/28 1,000 1,165
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/28 300 356
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/30 750 902
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/30 100 119
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/31 115 136
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/32 100 117
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/33 500 589
New York State Dormitory Authority Sales Tax        
Revenue 5.000% 3/15/44 1,120 1,261
New York State Environmental Facilities Corp.        
Revenue (State Clean Water & Drinking Water        
Revolving Funds) 5.000% 6/15/18 100 105
New York State Environmental Facilities Corp.        
Revenue (State Clean Water & Drinking Water        
Revolving Funds) 5.000% 6/15/20 155 173
New York State Environmental Facilities Corp.        
Revenue (State Clean Water & Drinking Water        
Revolving Funds) 5.000% 6/15/21 500 575
New York State Environmental Facilities Corp.        
Revenue (State Clean Water & Drinking Water        
Revolving Funds) 5.000% 6/15/21 250 262
New York State Environmental Facilities Corp.        
Revenue (State Clean Water & Drinking Water        
Revolving Funds) 4.750% 6/15/32 100 101
New York State Environmental Facilities Corp.        
Revenue (State Clean Water & Drinking Water        
Revolving Funds) 4.500% 6/15/36 100 100

 

71

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York State Environmental Facilities Corp.        
Revenue (State Clean Water & Drinking Water        
Revolving Funds) 5.000% 6/15/37 85 89
New York State Environmental Facilities Corp.        
Revenue (State Clean Water & Drinking Water        
Revolving Funds) 5.000% 6/15/41 275 310
New York State Environmental Facilities Corp.        
Revenue (State Clean Water & Drinking Water        
Revolving Funds) 5.000% 6/15/41 1,000 1,169
New York State Environmental Facilities Corp.        
Revenue (State Clean Water & Drinking Water        
Revolving Funds) 4.000% 6/15/46 100 105
New York State GO 3.500% 3/1/43 350 352
New York State Local Government Assistance        
Corp. Revenue 5.000% 4/1/20 100 104
New York State Thruway Authority Revenue 5.000% 5/1/19 2,685 2,889
New York State Thruway Authority Revenue 5.000% 5/1/19 (4) 985 1,060
New York State Thruway Authority Revenue 5.000% 1/1/20 400 439
New York State Thruway Authority Revenue 5.000% 1/1/20 (14) 130 133
New York State Thruway Authority Revenue 5.000% 1/1/26 350 400
New York State Thruway Authority Revenue 5.000% 1/1/31 125 143
New York State Thruway Authority Revenue 5.000% 1/1/31 330 371
New York State Thruway Authority Revenue 5.000% 1/1/41 325 365
New York State Thruway Authority Revenue 4.125% 1/1/42 210 216
New York State Thruway Authority Revenue 5.000% 1/1/46 140 157
New York State Thruway Authority Revenue 5.000% 1/1/51 515 566
New York State Thruway Authority Revenue 4.000% 1/1/56 600 607
New York State Thruway Authority Revenue 5.250% 1/1/56 1,000 1,132
New York State Thruway Authority Revenue        
(Highway & Bridge Trust Fund) 5.000% 4/1/20 275 305
New York State Thruway Authority Revenue        
(Highway & Bridge Trust Fund) 5.000% 4/1/22 140 163
New York State Thruway Authority Revenue        
(Highway & Bridge Trust Fund) 5.000% 4/1/31 500 559
New York State Thruway Authority Revenue        
(Personal Income Tax) 5.500% 3/15/19 (2) 285 309
New York State Thruway Authority Revenue        
(Personal Income Tax) 5.000% 3/15/20 300 333
New York State Thruway Authority Revenue        
(Personal Income Tax) 5.000% 3/15/23 200 227
New York State Thruway Authority Revenue        
(Personal Income Tax) 5.000% 3/15/29 340 380
New York State Thruway Authority Revenue        
(Personal Income Tax) 5.000% 3/15/30 60 68
New York State Thruway Authority Revenue        
(Personal Income Tax) 5.000% 3/15/31 250 285
New York State Thruway Authority Revenue        
(Second Generation Highway & Bridge Trust        
Fund) 5.000% 4/1/18 (Prere.) 105 109
New York State Urban Development Corp.        
Revenue 5.000% 1/1/18 150 154
New York State Urban Development Corp.        
Revenue 5.500% 1/1/19 100 107

 

72

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York State Urban Development Corp.        
Revenue 5.000% 3/15/20 240 266
New York State Urban Development Corp.        
Revenue 5.250% 1/1/22 200 210
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 4.500% 3/15/18 (Prere.) 50 52
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 4.500% 3/15/18 (Prere.) 55 57
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 12/15/18 145 154
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/19 (Prere.) 295 317
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/19 100 107
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.250% 3/15/19 (Prere.) 250 270
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 12/15/19 170 187
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/22 300 350
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/23 300 356
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/24 360 427
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/25 270 321
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/26 300 368
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/27 1,000 1,213
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/28 160 191
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/29 800 970
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/29 150 176
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/29 470 562
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/29 865 1,005
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/30 65 75
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/30 55 64
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/30 500 594
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/30 565 659
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/31 115 129
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/32 185 213
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/33 525 602

 

73

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/33 250 286
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/33 300 348
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/34 310 356
New York State Urban Development Corp.        
Revenue (Personal Income Tax) 5.000% 3/15/35 250 288
New York State Urban Development Corp.        
Revenue (Service Contract) 5.000% 1/1/18 (4) 100 103
New York State Urban Development Corp.        
Revenue (Service Contract) 5.250% 1/1/20 310 333
New York State Urban Development Corp.        
Revenue (Service Contract) 5.000% 1/1/21 460 507
Port Authority of New York & New Jersey        
Revenue 5.000% 12/1/20 75 85
Port Authority of New York & New Jersey        
Revenue 4.000% 9/1/21 100 105
Port Authority of New York & New Jersey        
Revenue 5.000% 12/1/21 60 70
Port Authority of New York & New Jersey        
Revenue 5.000% 5/1/26 100 121
Port Authority of New York & New Jersey        
Revenue 5.000% 10/15/27 100 121
Port Authority of New York & New Jersey        
Revenue 5.000% 12/1/30 70 81
Port Authority of New York & New Jersey        
Revenue 4.750% 7/15/31 100 104
Port Authority of New York & New Jersey        
Revenue 5.000% 11/15/31 250 255
Port Authority of New York & New Jersey        
Revenue 5.000% 7/15/32 750 828
Port Authority of New York & New Jersey        
Revenue 5.000% 10/15/32 250 292
Port Authority of New York & New Jersey        
Revenue 5.000% 10/15/32 500 544
Port Authority of New York & New Jersey        
Revenue 5.000% 6/1/33 255 293
Port Authority of New York & New Jersey        
Revenue 4.000% 7/15/33 40 42
Port Authority of New York & New Jersey        
Revenue 4.750% 7/15/33 1,370 1,428
Port Authority of New York & New Jersey        
Revenue 5.000% 9/1/34 50 57
Port Authority of New York & New Jersey        
Revenue 4.500% 11/15/34 (2) 85 86
Port Authority of New York & New Jersey        
Revenue 5.000% 7/15/35 75 82
Port Authority of New York & New Jersey        
Revenue 5.000% 9/1/36 60 69
Port Authority of New York & New Jersey        
Revenue 4.750% 11/1/36 140 149
Port Authority of New York & New Jersey        
Revenue 5.000% 5/1/37 105 115

 

74

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Port Authority of New York & New Jersey        
Revenue 5.000% 8/15/37 (4) 125 127
Port Authority of New York & New Jersey        
Revenue 4.500% 10/15/37 605 646
Port Authority of New York & New Jersey        
Revenue 5.000% 11/15/37 400 409
Port Authority of New York & New Jersey        
Revenue 4.500% 9/15/39 575 613
Port Authority of New York & New Jersey        
Revenue 5.000% 1/15/41 205 227
Port Authority of New York & New Jersey        
Revenue 4.000% 1/15/42 100 103
Port Authority of New York & New Jersey        
Revenue 5.000% 12/1/43 100 113
Port Authority of New York & New Jersey        
Revenue 5.000% 5/1/45 300 338
Port Authority of New York & New Jersey        
Revenue 4.000% 10/15/45 360 373
Port Authority of New York & New Jersey        
Revenue 5.000% 11/15/46 900 1,028
Port Authority of New York & New Jersey        
Revenue 5.250% 10/15/55 250 286
Port Authority of New York & New Jersey        
Revenue 6.125% 6/1/94 200 241
Suffolk County NY Water Authority Water        
System Revenue 3.000% 6/1/32 150 147
Triborough Bridge & Tunnel Authority New York        
Revenue 4.750% 5/15/18 (Prere.) 540 562
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 5/15/18 (Prere.) 50 52
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 5/15/18 (Prere.) 50 52
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 11/15/18 110 117
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 11/15/18 (Prere.) 500 531
Triborough Bridge & Tunnel Authority New York        
Revenue 5.500% 11/15/20 (14) 185 213
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 11/15/21 80 93
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 11/15/21 105 122
Triborough Bridge & Tunnel Authority New York        
Revenue 5.250% 1/1/22 (Prere.) 100 117
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 11/15/22 560 663
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 11/15/23 125 150
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 11/15/24 75 91
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 1/1/25 125 144
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 11/15/25 105 124

 

75

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 1/1/28 345 396
Triborough Bridge & Tunnel Authority New York        
Revenue 0.000% 11/15/29 250 167
Triborough Bridge & Tunnel Authority New York        
Revenue 0.000% 11/15/30 1,135 725
Triborough Bridge & Tunnel Authority New York        
Revenue 0.000% 11/15/31 255 156
Triborough Bridge & Tunnel Authority New York        
Revenue 0.000% 11/15/32 1,020 605
Triborough Bridge & Tunnel Authority New York        
Revenue 0.000% 11/15/32 150 88
Triborough Bridge & Tunnel Authority New York        
Revenue 3.000% 11/15/34 190 184
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 11/15/34 560 658
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 11/15/38 1,000 1,132
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 11/15/38 340 359
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 11/15/42 900 1,039
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 11/15/46 70 80
Triborough Bridge & Tunnel Authority New York        
Revenue 5.000% 11/15/47 770 885
Troy NY Capital Resource Corp. Revenue        
(Rensselaer Polytechnic Institute Project) 5.125% 9/1/40 375 410
Utility Debt Securitization Authority New York        
Revenue 5.000% 12/15/23 600 697
Utility Debt Securitization Authority New York        
Revenue 5.000% 12/15/24 830 984
Utility Debt Securitization Authority New York        
Revenue 5.000% 6/15/25 165 196
Utility Debt Securitization Authority New York        
Revenue 5.000% 12/15/26 750 912
Utility Debt Securitization Authority New York        
Revenue 5.000% 12/15/28 595 729
Utility Debt Securitization Authority New York        
Revenue 5.000% 12/15/30 245 287
Utility Debt Securitization Authority New York        
Revenue 5.000% 12/15/31 180 211
Utility Debt Securitization Authority New York        
Revenue 3.000% 12/15/32 100 101
Utility Debt Securitization Authority New York        
Revenue 5.000% 12/15/32 50 59
Utility Debt Securitization Authority New York        
Revenue 5.000% 12/15/34 500 593
Utility Debt Securitization Authority New York        
Revenue 5.000% 12/15/34 155 179
Utility Debt Securitization Authority New York        
Revenue 5.000% 12/15/35 215 254
Utility Debt Securitization Authority New York        
Revenue 5.000% 12/15/35 250 290

 

76

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Utility Debt Securitization Authority New York        
Revenue 4.000% 12/15/37 200 212
Utility Debt Securitization Authority New York        
Revenue 5.000% 12/15/37 625 722
Utility Debt Securitization Authority New York        
Revenue 5.000% 12/15/41 660 754
        254,837
North Carolina (1.5%)        
Cape Fear NC Public Utility Authority Water &        
Sewer System Revenue 5.000% 8/1/18 (Prere.) 115 121
Cape Fear NC Public Utility Authority Water &        
Sewer System Revenue 5.000% 8/1/29 250 300
Charlotte NC COP 3.000% 6/1/22 200 200
Charlotte NC Water & Sewer System Revenue 5.000% 7/1/21 300 345
Charlotte NC Water & Sewer System Revenue 4.750% 7/1/33 255 265
Charlotte NC Water & Sewer System Revenue 5.000% 7/1/38 125 138
Mecklenburg County NC GO 5.000% 4/1/21 1,180 1,349
North Carolina Capital Facilities Finance Agency        
Revenue (Duke University Project) 5.000% 4/1/19 (Prere.) 520 559
North Carolina Capital Facilities Finance Agency        
Revenue (Duke University Project) 5.000% 10/1/41 250 286
North Carolina Capital Facilities Finance Agency        
Revenue (Duke University Project) 5.000% 10/1/55 500 563
North Carolina Capital Improvement Revenue 4.500% 5/1/28 475 517
North Carolina Eastern Municipal Power Agency        
Power Systems Revenue 5.000% 1/1/19 (Prere.) 1,570 1,674
North Carolina Eastern Municipal Power Agency        
Power Systems Revenue 6.000% 1/1/22 (ETM) 370 445
North Carolina GAN 5.250% 3/1/20 215 231
North Carolina GAN PUT 4.000% 3/1/18 125 126
North Carolina GO 5.000% 5/1/18 2,005 2,088
North Carolina GO 5.000% 5/1/19 500 540
North Carolina GO 5.000% 5/1/19 120 130
North Carolina GO 5.000% 5/1/20 1,520 1,694
North Carolina GO 5.000% 5/1/20 (Prere.) 90 100
North Carolina GO 5.000% 5/1/22 500 586
North Carolina GO 5.000% 5/1/22 30 33
North Carolina GO 5.000% 6/1/25 1,500 1,845
North Carolina Municipal Power Agency No. 1        
Revenue (Catawba Electric) 4.000% 1/1/18 170 173
North Carolina Municipal Power Agency No. 1        
Revenue (Catawba Electric) 5.000% 1/1/19 (Prere.) 230 245
North Carolina Municipal Power Agency No. 1        
Revenue (Catawba Electric) 5.000% 1/1/30 55 58
North Carolina Revenue 5.000% 11/1/18 100 106
North Carolina Revenue 5.000% 11/1/19 250 274
North Carolina Revenue 5.000% 11/1/20 300 339
North Carolina Revenue 5.000% 5/1/22 475 555
North Carolina Revenue 5.000% 6/1/25 75 91
North Carolina Turnpike Authority Revenue 5.750% 1/1/19 (Prere.) 195 210
North Carolina Turnpike Authority Revenue        
(Monroe Expressway Toll) 5.000% 7/1/47 200 218
North Carolina Turnpike Authority Revenue        
(Monroe Expressway Toll) 5.000% 7/1/51 200 217

 

77

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Raleigh NC Combined Enterprise System        
Revenue 5.000% 3/1/21 (Prere.) 265 302
University of North Carolina University System        
Revenue 5.000% 12/1/17 (Prere.) 1,120 1,148
Wake County NC GO 5.000% 3/1/22 400 467
        18,538
Ohio (1.3%)        
American Municipal Power Ohio Inc. Revenue 4.375% 2/15/44 105 108
American Municipal Power Ohio Inc. Revenue        
(Fremont Energy Center Project) 5.000% 2/15/42 325 355
American Municipal Power Ohio Inc. Revenue        
(Prairie State Energy Campus Project) 5.250% 2/15/18 (Prere.) 50 52
American Municipal Power Ohio Inc. Revenue        
(Prairie State Energy Campus Project) 5.000% 2/15/26 130 151
American Municipal Power Ohio Inc. Revenue        
(Prairie State Energy Campus Project) PUT 5.000% 8/15/19 150 160
American Municipal Power Ohio Inc. Revenue        
(Prairie State Energy Campus Project) PUT 5.000% 8/15/20 210 229
Avon OH BAN 2.000% 1/24/18 1,250 1,257
Berea OH City School District GO 4.000% 12/1/53 (15) 250 252
Cleveland Heights OH City School District GO 4.500% 12/1/47 700 742
Cleveland OH Airport System Revenue 5.000% 1/1/29 200 221
Cleveland State University Ohio General Receipts        
Revenue 5.000% 6/1/37 120 133
Columbus OH GO 5.000% 7/1/25 275 337
Columbus OH GO 5.000% 7/1/26 475 588
Columbus OH Sewer Revenue 5.000% 6/1/27 50 60
Columbus OH Sewer Revenue 5.000% 6/1/28 500 591
Cuyahoga OH Community College District        
Revenue 5.000% 8/1/28 275 315
Franklin County OH GO 5.000% 12/1/17 (Prere.) 100 102
Hamilton County OH Sales Tax Revenue 4.000% 12/1/31 400 428
Hamilton County OH Sewer System Revenue 5.000% 12/1/38 260 295
Mason OH City School District BAN 2.000% 1/24/18 1,000 1,006
Northeast Ohio Regional Sewer District        
Wastewater Revenue 5.000% 11/15/39 250 283
Northeast Ohio Regional Sewer District        
Wastewater Revenue 5.000% 11/15/43 500 559
Northeast Ohio Regional Sewer District        
Wastewater Revenue 5.000% 11/15/44 545 616
Northeast Ohio Regional Sewer District        
Wastewater Revenue 4.000% 11/15/49 255 259
Ohio GO 5.000% 9/15/21 200 231
Ohio GO 5.000% 9/15/24 535 650
Ohio GO 5.000% 9/15/25 250 307
Ohio Higher Educational Facility Commission        
Revenue (Case Western Reserve University        
Project) 5.000% 12/1/40 285 321
Ohio State University General Receipts Revenue 5.000% 12/1/39 60 68
Ohio State University General Receipts Revenue 4.000% 6/1/43 245 254
Ohio Turnpike Commission Turnpike Revenue 0.000% 2/15/36 420 194
Ohio Turnpike Commission Turnpike Revenue 0.000% 2/15/38 980 410
Ohio Turnpike Commission Turnpike Revenue 5.250% 2/15/39 105 119
Ohio Turnpike Commission Turnpike Revenue 0.000% 2/15/42 215 76

 

78

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Ohio Turnpike Commission Turnpike Revenue 0.000% 2/15/43 465 157
Ohio Water Development Authority Water        
Pollution Control Loan Fund Revenue 5.000% 12/1/19 (Prere.) 1,060 1,165
Revere OH Local School District GO 5.000% 12/1/45 265 293
Sandusky OH BAN 2.000% 10/5/17 450 452
South-Western City OH School District GO 4.000% 12/1/42 220 226
Willoughby-Eastlake City OH School District GO 5.000% 12/1/46 295 329
Willoughby-Eastlake City OH School District GO 4.000% 12/1/50 1,000 1,009
Winton Woods City OH School District GO 5.000% 11/1/47 500 542
        15,902
Oklahoma (0.1%)        
Grand River Dam Authority Oklahoma Revenue 5.000% 6/1/18 (Prere.) 150 157
Oklahoma Agricultural & Mechanical Colleges        
Revenue (Oklahoma State University) 4.400% 8/1/39 215 230
Oklahoma Municipal Power Authority Power        
Supply System Revenue 5.000% 1/1/47 200 221
Oklahoma Turnpike Authority Revenue 5.000% 1/1/22 105 118
Oklahoma Turnpike Authority Revenue 5.000% 1/1/42 500 569
Oklahoma Turnpike Authority Revenue 4.000% 1/1/47 400 410
        1,705
Oregon (0.7%)        
Clackamas County OR School District No. 12        
North Clackamas GO 0.000% 6/15/35 250 117
Clackamas County OR School District No. 12        
North Clackamas GO 0.000% 6/15/36 580 255
Clackamas County OR School District No. 12        
North Clackamas GO 5.000% 6/15/37 500 582
Clackamas County OR School District No. 12        
North Clackamas GO 0.000% 6/15/39 500 189
Clatsop County OR School District No. 10        
Seaside GO 0.000% 6/15/37 500 211
North Clackamas County OR School District        
No. 12 GO 4.500% 6/15/17 (Prere.) 50 50
Oregon Department of Administrative Services        
Lottery Revenue 5.000% 4/1/19 (Prere.) 700 752
Oregon Department of Administrative Services        
Lottery Revenue 5.000% 4/1/25 515 617
Oregon Department of Administrative Services        
Lottery Revenue 5.000% 4/1/28 150 180
Oregon Department of Transportation Highway        
User Tax Revenue 5.000% 11/15/29 930 1,102
Oregon Department of Transportation Highway        
User Tax Revenue 5.000% 11/15/30 550 649
Oregon Department of Transportation Highway        
User Tax Revenue 5.000% 11/15/31 400 470
Oregon GO 5.000% 12/1/23 500 601
Oregon GO 4.500% 8/1/32 65 66
Oregon GO 5.000% 5/1/42 240 278
Oregon GO (Veterans Welfare) 4.700% 6/1/41 175 190
Port of Portland OR International Airport Revenue 5.500% 7/1/18 (Prere.) 50 53
Portland OR Sewer System Revenue 5.000% 6/1/21 400 459
Portland OR Sewer System Revenue 5.000% 3/1/35 120 131
Tri-County Metropolitan Transportation District of        
Oregon Capital Grant Receipt Revenue 5.000% 11/1/18 500 502

 

79

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Washington & Clackamas Counties School        
District No. 23J GO 5.000% 6/15/37 500 582
Washington County OR School District No. 48J        
Beaverton GO 5.000% 6/15/28 500 589
Washington County OR School District No. 48J        
Beaverton GO 0.000% 6/15/36 500 550
        9,175
Pennsylvania (4.5%)        
Allegheny County PA Airport Authority Revenue        
(Pittsburgh International Airport) 5.000% 1/1/18 (4) 80 82
Allegheny County PA GO 5.000% 11/1/19 (Prere.) 545 597
Allegheny County PA GO 5.000% 11/1/27 490 586
Allegheny County PA GO 5.000% 11/1/28 500 594
Allegheny County PA GO 5.000% 12/1/37 215 242
Allegheny County PA Sanitary Authority Sewer        
Revenue 5.000% 12/1/22 50 58
Allegheny County PA Sanitation Authority Sewer        
Revenue 5.000% 6/1/40 (4) 100 111
Allentown PA Neighborhood Improvement Zone        
Development Authority Tax Revenue 5.000% 5/1/25 335 366
Allentown PA Neighborhood Improvement Zone        
Development Authority Tax Revenue 5.000% 5/1/30 150 160
Capital Region Water Pennsylvania Sewer        
System Revenue 5.000% 7/15/27 175 210
Capital Region Water Pennsylvania Sewer        
System Revenue 5.000% 7/15/28 375 446
Chester County PA GO 5.000% 7/15/19 (Prere.) 75 81
Chester County PA GO 5.000% 7/15/28 25 27
Coatesville PA School District GO 5.000% 8/1/23 (4) 285 332
Commonwealth Financing Authority Pennsylvania        
Revenue 5.000% 6/1/36 100 109
Delaware River Joint Toll Bridge Commission        
Pennsylvania & New Jersey Revenue 5.000% 7/1/42 500 568
Delaware River Port Authority Pennsylvania &        
New Jersey Revenue 4.500% 7/1/17 (Prere.) 125 126
Delaware River Port Authority Pennsylvania &        
New Jersey Revenue 5.000% 1/1/26 195 215
Delaware River Port Authority Pennsylvania &        
New Jersey Revenue 4.500% 1/1/32 200 217
Delaware River Port Authority Pennsylvania &        
New Jersey Revenue 5.000% 1/1/35 150 163
Delaware River Port Authority Pennsylvania &        
New Jersey Revenue 5.000% 1/1/40 375 407
Delaware Valley PA Regional Finance Authority        
Revenue 5.600% 7/1/17 (2) 50 50
Delaware Valley PA Regional Finance Authority        
Revenue 5.750% 7/1/17 250 252
Delaware Valley PA Regional Finance Authority        
Revenue 5.500% 8/1/28 (2) 385 463
Delaware Valley PA Regional Finance Authority        
Revenue 5.750% 7/1/32 915 1,129
Lehigh County PA Authority Water & Sewer        
Revenue 5.000% 12/1/43 115 126

 

80

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Montgomery County PA Higher Education &        
Health Authority Revenue (Ursinus College) 5.250% 11/1/42 400 429
Pennsylvania Economic Development Financing        
Authority Unemployment Compensation        
Revenue 5.000% 7/1/17 1,600 1,612
Pennsylvania Economic Development Financing        
Authority Unemployment Compensation        
Revenue 5.000% 1/1/19 390 416
Pennsylvania Economic Development Financing        
Authority Unemployment Compensation        
Revenue 5.000% 7/1/19 1,200 1,303
Pennsylvania Economic Development Financing        
Authority Unemployment Compensation        
Revenue 5.000% 1/1/20 360 391
Pennsylvania Economic Development Financing        
Authority Unemployment Compensation        
Revenue 5.000% 1/1/21 110 117
Pennsylvania GO 5.000% 5/1/17 100 100
Pennsylvania GO 4.500% 11/1/17 (Prere.) 1,250 1,273
Pennsylvania GO 5.000% 6/1/18 500 522
Pennsylvania GO 5.000% 7/1/18 100 105
Pennsylvania GO 5.000% 7/1/18 125 131
Pennsylvania GO 5.000% 2/15/19 75 80
Pennsylvania GO 5.000% 4/15/19 (Prere.) 200 215
Pennsylvania GO 5.000% 5/1/19 200 215
Pennsylvania GO 5.000% 7/1/19 70 76
Pennsylvania GO 5.000% 9/15/19 650 707
Pennsylvania GO 5.000% 10/15/19 100 109
Pennsylvania GO 5.000% 7/1/20 275 305
Pennsylvania GO 5.000% 7/1/21 175 199
Pennsylvania GO 5.000% 7/1/21 350 397
Pennsylvania GO 5.000% 4/1/22 440 507
Pennsylvania GO 5.000% 7/1/22 655 758
Pennsylvania GO 5.000% 7/1/24 120 142
Pennsylvania GO 5.000% 8/15/24 1,000 1,187
Pennsylvania GO 5.000% 11/15/24 190 216
Pennsylvania GO 5.000% 4/1/25 250 289
Pennsylvania GO 5.000% 6/1/25 500 570
Pennsylvania GO 5.000% 9/15/25 975 1,165
Pennsylvania GO 5.000% 9/15/25 (4) 1,250 1,496
Pennsylvania GO 5.000% 4/1/26 635 729
Pennsylvania GO 5.000% 6/15/26 100 117
Pennsylvania GO 5.000% 9/15/26 1,150 1,380
Pennsylvania GO 4.000% 10/15/28 100 107
Pennsylvania GO 5.000% 9/15/29 750 872
Pennsylvania GO 5.000% 3/15/31 400 452
Pennsylvania GO 4.000% 6/15/32 395 411
Pennsylvania GO 5.000% 10/15/32 430 483
Pennsylvania GO 5.000% 3/15/33 980 1,097
Pennsylvania GO 4.375% 10/15/33 100 107
Pennsylvania GO 4.000% 3/15/34 200 207
Pennsylvania GO 4.000% 9/15/34 500 517
Pennsylvania GO 3.000% 9/15/35 500 447

 

81

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Pennsylvania Higher Educational Facilities        
Authority Revenue (Drexel University) 5.000% 11/1/17 (Prere.) 125 128
Pennsylvania Higher Educational Facilities        
Authority Revenue (Drexel University) 5.125% 5/1/36 115 127
Pennsylvania Higher Educational Facilities        
Authority Revenue (Temple University) 5.000% 4/1/42 100 110
Pennsylvania Public School Building Authority        
Lease Revenue (School District of Philadelphia) 5.000% 6/1/29 (4) 100 114
Pennsylvania Public School Building Authority        
Revenue (Harrisburg School District) 4.750% 5/15/19 (Prere.) 370 397
Pennsylvania State University Revenue 5.000% 9/1/35 515 597
Pennsylvania State University Revenue 5.000% 9/1/41 165 189
Pennsylvania Turnpike Commission Motor        
License Fund Revenue 5.000% 12/1/43 145 159
Pennsylvania Turnpike Commission Motor        
License Fund Revenue 5.250% 12/1/43 50 56
Pennsylvania Turnpike Commission Oil Franchise        
Tax Revenue 5.000% 12/1/18 (Prere.) 350 372
Pennsylvania Turnpike Commission Oil Franchise        
Tax Revenue 0.000% 12/1/38 230 98
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/18 (Prere.) 325 339
Pennsylvania Turnpike Commission Revenue 5.250% 6/1/18 (Prere.) 30 31
Pennsylvania Turnpike Commission Revenue 6.000% 6/1/18 (Prere.) 300 317
Pennsylvania Turnpike Commission Revenue 6.250% 6/1/18 (Prere.) 110 116
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 (Prere.) 55 59
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 (Prere.) 20 22
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 (Prere.) 20 22
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/19 (Prere.) 130 141
Pennsylvania Turnpike Commission Revenue 5.250% 6/1/19 (Prere.) 120 130
Pennsylvania Turnpike Commission Revenue 5.250% 6/1/19 (Prere.) 275 299
Pennsylvania Turnpike Commission Revenue 5.250% 6/1/19 (Prere.) 10 11
Pennsylvania Turnpike Commission Revenue 5.750% 6/1/19 (Prere.) 200 219
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/19 (Prere.) 5 5
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/19 (Prere.) 65 71
Pennsylvania Turnpike Commission Revenue 5.300% 12/1/19 (Prere.) 1,440 1,595
Pennsylvania Turnpike Commission Revenue 5.500% 12/1/19 (Prere.) 530 589
Pennsylvania Turnpike Commission Revenue 5.350% 12/1/20 (Prere.) 20 23
Pennsylvania Turnpike Commission Revenue 5.350% 12/1/20 (Prere.) 360 412
Pennsylvania Turnpike Commission Revenue 5.750% 12/1/20 (Prere.) 110 127
Pennsylvania Turnpike Commission Revenue 5.750% 12/1/20 (Prere.) 55 64
Pennsylvania Turnpike Commission Revenue 6.000% 12/1/20 (Prere.) 115 134
Pennsylvania Turnpike Commission Revenue 6.000% 12/1/20 (Prere.) 90 105
Pennsylvania Turnpike Commission Revenue 6.500% 12/1/20 (Prere.) 285 337
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/21 60 66
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/26 300 349
Pennsylvania Turnpike Commission Revenue 5.750% 12/1/28 65 73
Pennsylvania Turnpike Commission Revenue 0.000% 12/1/30 200 237
Pennsylvania Turnpike Commission Revenue 5.350% 12/1/30 35 39
Pennsylvania Turnpike Commission Revenue 6.250% 6/1/33 (4) 200 249
Pennsylvania Turnpike Commission Revenue 5.500% 12/1/34 150 167
Pennsylvania Turnpike Commission Revenue 6.000% 12/1/34 2,110 2,405
Pennsylvania Turnpike Commission Revenue 5.450% 12/1/35 165 184
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/37 1,620 1,746
Pennsylvania Turnpike Commission Revenue 0.000% 12/1/38 510 612

 

82

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Pennsylvania Turnpike Commission Revenue 4.500% 12/1/38 100 102
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/38 995 1,073
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/39 (12) 130 138
Pennsylvania Turnpike Commission Revenue 5.250% 6/1/39 815 872
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/39 85 93
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/40 750 828
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/40 225 245
Pennsylvania Turnpike Commission Revenue 5.125% 12/1/40 745 803
Pennsylvania Turnpike Commission Revenue 5.300% 12/1/41 95 103
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/43 325 352
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/44 250 272
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/44 215 234
Pennsylvania Turnpike Commission Revenue 5.250% 12/1/44 (15) 240 272
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/45 150 163
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/46 500 539
Philadelphia PA Airport Revenue 5.000% 6/15/40 110 120
Philadelphia PA Authority for Industrial        
Development Revenue (Thomas Jefferson        
University) 5.000% 9/1/42 450 495
Philadelphia PA Authority for Industrial        
Development Revenue (Thomas Jefferson        
University) 5.000% 9/1/47 750 822
Philadelphia PA Gas Works Revenue 5.000% 10/1/17 (Prere.) 385 392
Philadelphia PA Gas Works Revenue 5.250% 8/1/20 (Prere.) 145 163
Philadelphia PA Gas Works Revenue 4.000% 10/1/35 50 51
Philadelphia PA Gas Works Revenue 5.250% 8/1/40 230 252
Philadelphia PA GO 5.000% 8/1/30 (4) 500 585
Philadelphia PA School District GO 5.000% 9/1/18 500 520
Philadelphia PA School District GO 5.000% 9/1/25 315 354
Philadelphia PA Water & Waste Water Revenue 5.000% 8/1/17 (4) 115 116
Philadelphia PA Water & Waste Water Revenue 4.250% 11/1/31 (2) 70 71
Philadelphia PA Water & Waste Water Revenue 5.000% 7/1/40 230 255
Philadelphia PA Water & Waste Water Revenue 5.000% 1/1/41 390 429
Philadelphia PA Water & Waste Water Revenue 5.125% 1/1/43 50 55
Philadelphia PA Water & Waste Water Revenue 5.000% 7/1/43 810 898
State Public School Building Authority        
Pennsylvania Lease Revenue (School District of        
Philadelphia) 5.000% 6/1/29 250 276
State Public School Building Authority        
Pennsylvania Lease Revenue (School District of        
Philadelphia) 5.000% 6/1/32 (4) 250 281
University of Pittsburgh of the Commonwealth        
System of Higher Education Pennsylvania        
Revenue (University Capital Project) 5.000% 3/15/19 (Prere.) 470 505
Westmoreland County PA Municipal Authority        
Revenue 5.000% 8/15/42 (15) 250 278
        56,324
Rhode Island (0.1%)        
Rhode Island Health & Educational Building Corp.        
Higher Education Facility Revenue (Brown        
University) 5.000% 9/1/37 220 223
Rhode Island Turnpike & Bridge Authority        
Revenue 5.000% 10/1/40 720 802
        1,025

 

83

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
South Carolina (1.2%)        
Charleston SC Educational Excellence Financing        
Corp. Revenue (Charleston County School        
District, South Carolina Project) 5.000% 12/1/24 125 149
Charleston SC Educational Excellence Financing        
Corp. Revenue (Charleston County School        
District, South Carolina Project) 5.000% 12/1/27 850 993
Charleston SC Educational Excellence Financing        
Corp. Revenue (Charleston County School        
District, South Carolina Project) 5.000% 12/1/30 780 899
Charleston SC Waterworks & Sewer Capital        
Improvement Revenue 5.000% 1/1/21 (Prere.) 110 125
Columbia SC Waterworks & Sewer System        
Revenue 5.000% 2/1/20 (Prere.) 50 55
Horry County SC School District GO 5.000% 3/1/21 250 285
Piedmont SC Municipal Power Agency Revenue 5.000% 1/1/22 275 306
South Carolina Public Service Authority Revenue 5.250% 1/1/19 (Prere.) 480 514
South Carolina Public Service Authority Revenue 5.250% 1/1/19 (Prere.) 100 107
South Carolina Public Service Authority Revenue 5.500% 1/1/19 (Prere.) 155 167
South Carolina Public Service Authority Revenue 5.000% 1/1/20 (Prere.) 315 347
South Carolina Public Service Authority Revenue 5.000% 12/1/21 115 128
South Carolina Public Service Authority Revenue 4.000% 1/1/32 105 106
South Carolina Public Service Authority Revenue 5.000% 12/1/33 350 383
South Carolina Public Service Authority Revenue 5.000% 12/1/35 15 16
South Carolina Public Service Authority Revenue 5.000% 12/1/36 290 314
South Carolina Public Service Authority Revenue 5.000% 12/1/36 1,385 1,453
South Carolina Public Service Authority Revenue 5.000% 12/1/37 430 463
South Carolina Public Service Authority Revenue 5.000% 12/1/43 155 162
South Carolina Public Service Authority Revenue 5.125% 12/1/43 50 53
South Carolina Public Service Authority Revenue 5.000% 12/1/46 735 781
South Carolina Public Service Authority Revenue 5.000% 12/1/48 590 622
South Carolina Public Service Authority Revenue 5.000% 12/1/49 315 333
South Carolina Public Service Authority Revenue 5.000% 12/1/50 1,645 1,743
South Carolina Public Service Authority Revenue 5.500% 12/1/53 110 119
South Carolina Public Service Authority Revenue 5.500% 12/1/54 150 163
South Carolina Public Service Authority Revenue 5.000% 12/1/55 595 630
South Carolina Public Service Authority Revenue 5.250% 12/1/55 750 811
South Carolina Transportation Infrastructure        
Revenue 5.000% 10/1/20 230 258
South Carolina Transportation Infrastructure        
Revenue 3.375% 10/1/32 155 155
South Carolina Transportation Infrastructure        
Revenue 5.250% 10/1/40 1,660 1,789
        14,429
Tennessee (0.5%)        
Memphis TN Electric System Revenue 5.000% 12/1/18 250 266
Memphis-Shelby County TN Airport Authority        
Revenue 5.000% 4/1/35 500 552
Memphis-Shelby County TN Sports Authority        
Revenue (Memphis Arena) 5.375% 11/1/29 110 120
Metropolitan Government of Nashville &        
Davidson County TN Electric Revenue 5.000% 5/15/27 450 524
Metropolitan Government of Nashville &        
Davidson County TN GO 5.000% 1/1/18 (Prere.) 100 103

 

84

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Metropolitan Government of Nashville &        
Davidson County TN GO 5.000% 1/1/18 (Prere.) 485 498
Metropolitan Government of Nashville &        
Davidson County TN GO 5.000% 7/1/18 100 105
Metropolitan Government of Nashville &        
Davidson County TN GO 5.000% 1/1/23 (Prere.) 110 130
Metropolitan Government of Nashville &        
Davidson County TN GO 5.000% 1/1/24 165 198
Metropolitan Government of Nashville &        
Davidson County TN GO 5.000% 1/1/28 250 304
Metropolitan Government of Nashville &        
Davidson County TN GO 4.000% 7/1/33 500 537
Metropolitan Government of Nashville &        
Davidson County TN GO 4.000% 7/1/34 750 800
Shelby County TN GO 5.000% 3/1/24 650 785
Tennessee GO 5.000% 8/1/18 490 516
Tennessee GO 5.000% 8/1/21 205 237
Tennessee School Bond Authority Higher        
Educational Facilities Revenue (2nd Program) 5.000% 11/1/40 150 172
Tennessee School Bond Authority Higher        
Educational Facilities Revenue (2nd Program) 5.000% 11/1/45 695 790
        6,637
Texas (9.0%)        
Alamo TX Community College District GO 4.500% 8/15/33 (14) 100 101
Alamo TX Regional Mobility Authority Revenue 5.000% 6/15/46 310 348
Austin TX Water & Wastewater System Revenue 5.000% 11/15/37 170 193
Austin TX Water & Wastewater System Revenue 5.000% 11/15/41 200 224
Brownsville TX Utility System Revenue 4.000% 9/1/30 170 178
Central Texas Regional Mobility Authority        
Revenue 6.000% 1/1/21 (Prere.) 100 117
Central Texas Regional Mobility Authority        
Revenue 6.250% 1/1/21 (Prere.) 275 323
Central Texas Regional Mobility Authority        
Revenue 5.000% 1/1/40 300 331
Central Texas Regional Mobility Authority        
Revenue 5.000% 1/1/43 1,050 1,128
Central Texas Regional Mobility Authority        
Revenue 5.000% 1/1/45 100 110
Cypress-Fairbanks TX Independent School        
District GO 5.000% 2/15/25 140 170
Cypress-Fairbanks TX Independent School        
District GO 5.000% 2/15/27 185 218
Cypress-Fairbanks TX Independent School        
District GO 5.000% 2/15/29 195 230
Cypress-Fairbanks TX Independent School        
District GO 5.000% 2/15/44 1,000 1,128
Dallas TX Area Rapid Transit Sales Tax Revenue 4.750% 12/1/18 (Prere.) 55 58
Dallas TX Area Rapid Transit Sales Tax Revenue 5.000% 12/1/18 (Prere.) 190 202
Dallas TX Area Rapid Transit Sales Tax Revenue 5.250% 12/1/18 (Prere.) 125 133
Dallas TX Area Rapid Transit Sales Tax Revenue 5.250% 12/1/18 (Prere.) 425 454
Dallas TX Area Rapid Transit Sales Tax Revenue 5.250% 12/1/18 (Prere.) 90 96
Dallas TX Area Rapid Transit Sales Tax Revenue 5.250% 12/1/18 (Prere.) 60 64
Dallas TX Area Rapid Transit Sales Tax Revenue 5.250% 12/1/29 (2) 170 211
Dallas TX Area Rapid Transit Sales Tax Revenue 5.250% 12/1/30 (2) 100 125

 

85

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Dallas TX Area Rapid Transit Sales Tax Revenue 5.000% 12/1/42 1,000 1,116
Dallas TX Area Rapid Transit Sales Tax Revenue 5.000% 12/1/48 105 118
Dallas TX GO 5.000% 2/15/18 100 103
Dallas TX Independent School District GO 5.500% 2/15/18 (Prere.) 155 161
Dallas TX Independent School District GO 6.375% 2/15/18 (Prere.) 1,000 1,043
Dallas TX Independent School District GO 5.000% 8/15/24 250 302
Dallas TX Independent School District GO 5.000% 8/15/28 130 154
Dallas TX Waterworks & Sewer System Revenue 5.000% 10/1/23 300 357
Dallas TX Waterworks & Sewer System Revenue 5.000% 10/1/29 250 298
Dallas TX Waterworks & Sewer System Revenue 5.000% 10/1/30 300 357
Dallas TX Waterworks & Sewer System Revenue 5.000% 10/1/37 500 560
Dallas TX Waterworks & Sewer System Revenue 5.000% 10/1/41 50 56
Dallas-Fort Worth TX International Airport        
Revenue 5.000% 11/1/29 70 78
Dallas-Fort Worth TX International Airport        
Revenue 5.000% 11/1/31 125 139
Dallas-Fort Worth TX International Airport        
Revenue 5.250% 11/1/33 100 115
Dallas-Fort Worth TX International Airport        
Revenue 5.000% 11/1/34 155 172
Dallas-Fort Worth TX International Airport        
Revenue 5.000% 11/1/35 675 746
Dallas-Fort Worth TX International Airport        
Revenue 5.000% 11/1/35 80 88
Dallas-Fort Worth TX International Airport        
Revenue 5.000% 11/1/43 150 167
Dallas-Fort Worth TX International Airport        
Revenue 5.000% 11/1/44 165 182
Dallas-Fort Worth TX International Airport        
Revenue 4.000% 11/1/45 140 142
Dallas-Fort Worth TX International Airport        
Revenue 5.000% 11/1/45 310 342
Dallas-Fort Worth TX International Airport        
Revenue 5.000% 11/1/45 385 422
Denton TX Independent School District GO 5.000% 8/15/40 345 394
Fort Bend TX Grand Parkway Toll Road Authority        
Revenue 5.000% 3/1/32 50 57
Fort Bend TX Grand Parkway Toll Road Authority        
Revenue 5.000% 3/1/37 300 336
Fort Bend TX Grand Parkway Toll Road Authority        
Revenue 4.000% 3/1/46 300 303
Fort Bend TX Independent School District GO 5.000% 8/15/19 175 191
Fort Bend TX Independent School District GO 4.750% 8/15/34 50 52
Fort Worth TX Independent School District GO 5.000% 2/15/18 520 537
Fort Worth TX Independent School District GO 5.000% 2/15/34 300 326
Fort Worth TX Water & Sewer Revenue 5.000% 2/15/23 700 828
Frisco TX Independent School District GO 4.750% 8/15/28 200 209
Grand Parkway Transportation Corp. Texas        
System Toll Revenue 5.250% 10/1/51 940 1,081
Grand Parkway Transportation Corp. Texas        
System Toll Revenue 5.000% 4/1/53 1,450 1,637
Harris County TX Flood Control District Revenue 5.000% 10/1/34 865 956
Harris County TX Flood Control District Revenue 5.000% 10/1/39 145 160
Harris County TX GO 5.750% 10/1/18 (Prere.) 350 374

 

86

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Harris County TX GO 5.000% 8/15/22 185 217
Harris County TX GO 5.000% 10/1/23 205 231
Harris County TX GO 5.000% 10/1/24 135 159
Harris County TX GO 5.000% 8/15/28 250 300
Harris County TX GO 5.000% 10/1/28 525 627
Harris County TX Metropolitan Transit Authority        
Sales & Use Tax Revenue 5.000% 11/1/36 790 887
Harris County TX Sports Authority Revenue 5.000% 11/15/30 190 217
Harris County TX Sports Authority Revenue 0.000% 11/15/34 (4) 560 254
Harris County TX Sports Authority Revenue 0.000% 11/15/43 (4) 200 60
Harris County TX Toll Road Revenue 5.000% 8/15/18 (Prere.) 575 605
Harris County TX Toll Road Revenue 5.250% 8/15/18 (Prere.) 1,010 1,066
Harris County TX Toll Road Revenue 5.000% 8/15/19 (Prere.) 150 163
Harris County TX Toll Road Revenue 5.000% 8/15/23 255 303
Harris County TX Toll Road Revenue 5.000% 8/15/24 285 342
Harris County TX Toll Road Revenue 5.000% 8/15/29 265 305
Houston TX Airport System Revenue 5.000% 7/1/26 75 85
Houston TX Airport System Revenue 5.000% 7/1/27 (14) 730 735
Houston TX Community College GO 5.000% 2/15/34 130 147
Houston TX Community College System GO 5.000% 2/15/33 415 472
Houston TX Community College System GO 5.000% 2/15/36 400 436
Houston TX GO 5.000% 3/1/18 (Prere.) 100 103
Houston TX GO 5.000% 3/1/18 300 310
Houston TX GO 5.250% 3/1/18 (Prere.) 310 321
Houston TX GO 5.000% 3/1/19 (Prere.) 90 96
Houston TX GO 5.000% 3/1/24 10 11
Houston TX GO 5.000% 3/1/24 200 229
Houston TX GO 5.000% 3/1/28 200 236
Houston TX Higher Education Finance Corp.        
Revenue (Rice University Project) 4.750% 11/15/17 (Prere.) 150 153
Houston TX Independent School District GO 5.000% 2/15/22 120 140
Houston TX Independent School District GO PUT 4.000% 6/1/17 465 466
Houston TX Utility System Revenue 5.250% 11/15/17 (4) 160 164
Houston TX Utility System Revenue 5.000% 11/15/18 100 106
Houston TX Utility System Revenue 5.375% 5/15/19 (Prere.) 170 185
Houston TX Utility System Revenue 6.000% 5/15/19 (Prere.) 1,000 1,100
Houston TX Utility System Revenue 5.000% 5/15/21 100 114
Houston TX Utility System Revenue 5.000% 5/15/22 270 315
Houston TX Utility System Revenue 5.000% 5/15/23 120 142
Houston TX Utility System Revenue 5.000% 5/15/24 250 300
Houston TX Utility System Revenue 5.000% 11/15/24 80 97
Houston TX Utility System Revenue 5.000% 5/15/27 575 675
Houston TX Utility System Revenue 5.250% 11/15/28 215 244
Houston TX Utility System Revenue 5.250% 11/15/29 160 182
Houston TX Utility System Revenue 5.250% 11/15/30 450 511
Houston TX Utility System Revenue 5.000% 11/15/33 1,205 1,344
Houston TX Utility System Revenue 5.000% 11/15/34 200 228
Houston TX Utility System Revenue 5.000% 11/15/35 225 260
Houston TX Utility System Revenue 5.000% 11/15/36 125 141
Houston TX Utility System Revenue 5.000% 11/15/44 75 84
Irving TX Combination Tax & Hotel Occupancy        
Revenue GO 5.000% 8/15/39 375 399
Judson TX Independent School District GO 4.000% 2/1/41 400 415
Keller TX Independent School District GO 5.250% 2/15/19 (Prere.) 250 269

 

87

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Keller TX Independent School District GO 5.500% 2/15/19 (Prere.) 785 847
Klein TX Independent School District GO 5.000% 8/1/18 (Prere.) 75 79
Lake Travis TX Independent School District GO 5.000% 2/15/21 (Prere.) 65 74
Lake Travis TX Independent School District GO 5.000% 2/15/42 445 493
Leander TX Independent School District GO 5.000% 8/15/26 400 471
Leander TX Independent School District GO 5.000% 8/15/38 400 458
Leander TX Independent School District GO 5.000% 8/15/40 380 434
Lewisville TX Independent School District GO 5.000% 2/15/19 (Prere.) 100 107
Lewisville TX Independent School District GO 5.000% 2/15/19 (Prere.) 325 348
Lewisville TX Independent School District GO 5.000% 2/15/19 (Prere.) 125 134
Lewisville TX Independent School District GO 5.000% 8/15/20 400 449
Lewisville TX Independent School District GO 5.000% 8/15/25 85 103
Lewisville TX Independent School District GO 4.000% 8/15/26 400 451
Lone Star College System Texas Financing        
Revenue 5.000% 2/15/43 525 578
Lone Star College System Texas GO 5.000% 8/15/18 (Prere.) 150 158
Lone Star College System Texas GO 5.000% 8/15/18 (Prere.) 35 37
Lone Star College System Texas GO 5.000% 2/15/24 90 108
Lone Star College System Texas GO 5.000% 8/15/38 35 37
Lower Colorado River Authority Texas Revenue 6.250% 5/15/18 (Prere.) 250 264
Lower Colorado River Authority Texas Revenue 5.250% 5/15/29 150 161
Lower Colorado River Authority Texas Revenue 5.500% 5/15/33 195 210
Lower Colorado River Authority Texas Revenue 5.000% 5/15/35 875 954
Lower Colorado River Authority Texas Revenue 5.000% 5/15/39 200 221
Lower Colorado River Authority Texas Revenue 5.625% 5/15/39 135 145
Lower Colorado River Authority Texas Revenue 5.000% 5/15/40 540 587
Lower Colorado River Authority Texas        
Transmission Contract Revenue (LCRA        
Transmission Services Corp.) 5.000% 5/15/35 (13) 300 312
Lower Colorado River Authority Texas        
Transmission Contract Revenue (LCRA        
Transmission Services Corp.) 4.000% 5/15/39 220 225
Lower Colorado River Authority Texas        
Transmission Contract Revenue (LCRA        
Transmission Services Corp.) 5.000% 5/15/40 (4) 100 109
Lower Colorado River Authority Texas        
Transmission Contract Revenue (LCRA        
Transmission Services Corp.) 5.000% 5/15/41 275 296
New Hope TX Cultural Education Facilities        
FinanceCorp. Student Housing Revenue        
(Texas A&M University Project) 5.000% 7/1/47 500 524
North East TX Regional Mobility Authority        
Revenue 5.000% 1/1/20 210 225
North East TX Regional Mobility Authority        
Revenue 5.000% 1/1/22 600 665
North East TX Regional Mobility Authority        
Revenue 5.000% 1/1/46 130 139
North Harris County TX Regional Water Authority        
Revenue 5.250% 12/15/18 (Prere.) 485 518
North Harris County TX Regional Water Authority        
Revenue 5.375% 12/15/18 (Prere.) 375 401
North Texas Municipal Water District Regional        
Wastewater System Revenue 4.000% 6/1/31 360 390
North Texas Tollway Authority System Revenue 5.125% 1/1/18 (Prere.) 2,275 2,340

 

88

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
North Texas Tollway Authority System Revenue 5.500% 1/1/18 170 175
North Texas Tollway Authority System Revenue 5.625% 1/1/18 (Prere.) 50 52
North Texas Tollway Authority System Revenue 5.750% 1/1/18 (Prere.) 2,000 2,065
North Texas Tollway Authority System Revenue 5.750% 1/1/19 (Prere.) 950 1,024
North Texas Tollway Authority System Revenue 6.000% 1/1/19 (Prere.) 100 108
North Texas Tollway Authority System Revenue 5.000% 1/1/20 200 219
North Texas Tollway Authority System Revenue 5.000% 1/1/21 105 118
North Texas Tollway Authority System Revenue 6.000% 1/1/23 50 54
North Texas Tollway Authority System Revenue 5.000% 1/1/27 420 489
North Texas Tollway Authority System Revenue 5.250% 9/1/27 80 92
North Texas Tollway Authority System Revenue 5.125% 1/1/28 (14) 10 10
North Texas Tollway Authority System Revenue 6.000% 1/1/28 65 70
North Texas Tollway Authority System Revenue 5.000% 1/1/30 375 429
North Texas Tollway Authority System Revenue 5.000% 1/1/30 230 267
North Texas Tollway Authority System Revenue 5.000% 9/1/31 185 209
North Texas Tollway Authority System Revenue 0.000% 1/1/32 (12) 155 87
North Texas Tollway Authority System Revenue 5.000% 9/1/32 270 305
North Texas Tollway Authority System Revenue 5.000% 1/1/33 150 169
North Texas Tollway Authority System Revenue 5.625% 1/1/33 15 15
North Texas Tollway Authority System Revenue 5.625% 1/1/33 10 10
North Texas Tollway Authority System Revenue 0.000% 1/1/35 (12) 200 96
North Texas Tollway Authority System Revenue 5.500% 9/1/36 70 81
North Texas Tollway Authority System Revenue 0.000% 1/1/37 (12) 135 59
North Texas Tollway Authority System Revenue 0.000% 1/1/38 (12) 600 253
North Texas Tollway Authority System Revenue 5.000% 1/1/38 500 556
North Texas Tollway Authority System Revenue 4.000% 1/1/39 1,785 1,816
North Texas Tollway Authority System Revenue 5.000% 1/1/40 (4) 640 713
North Texas Tollway Authority System Revenue 5.000% 1/1/40 1,010 1,116
North Texas Tollway Authority System Revenue 5.500% 9/1/41 270 311
North Texas Tollway Authority System Revenue 5.000% 1/1/42 190 206
North Texas Tollway Authority System Revenue 6.000% 1/1/43 325 370
North Texas Tollway Authority System Revenue 5.250% 1/1/44 25 26
North Texas Tollway Authority System Revenue 5.000% 1/1/45 790 874
North Texas Tollway Authority System Revenue        
PUT 1.950% 1/1/19 500 504
Plano TX Independent School District GO 5.250% 2/15/18 (Prere.) 170 176
Port of Houston Authority of Harris County Texas        
Tax Revenue 5.000% 10/1/35 100 111
Red River TX Education Finance Corp. Revenue        
(Texas Christian University Project) 5.000% 3/15/43 85 94
Round Rock TX Independent School District GO 5.000% 8/1/33 200 209
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/18 60 62
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/19 200 214
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/19 110 118
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/20 1,600 1,768
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/22 870 1,011
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/23 85 100
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/23 195 230
San Antonio TX Electric & Gas Systems Revenue 5.250% 2/1/24 330 401
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/32 150 175
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/39 535 602
San Antonio TX Electric & Gas Systems Revenue 5.000% 2/1/43 115 129
San Antonio TX GO 5.000% 2/1/20 200 221
San Antonio TX Independent School District GO 5.000% 2/15/24 240 289

 

89

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
San Antonio TX Public Facilities Corp. Lease        
Revenue 4.000% 9/15/33 140 145
San Antonio TX Public Facilities Corp. Lease        
Revenue 4.000% 9/15/34 70 72
San Antonio TX Public Facilities Corp. Lease        
Revenue 4.000% 9/15/42 815 823
San Antonio TX Water Revenue 4.500% 5/15/17 (Prere.) 185 185
San Antonio TX Water Revenue 5.000% 5/15/26 705 824
San Antonio TX Water Revenue 4.500% 5/15/32 (14) 330 331
San Antonio TX Water Revenue 4.500% 5/15/37 (14) 95 95
San Jacinto TX Community College District GO 5.000% 2/15/19 (Prere.) 1,025 1,097
Tarrant Regional Water District Texas Water        
Revenue 5.000% 3/1/37 115 129
Tarrant Regional Water District Texas Water        
Revenue 5.000% 3/1/52 680 755
Texas GO 5.000% 4/1/18 (Prere.) 100 104
Texas GO 5.000% 4/1/18 (Prere.) 190 197
Texas GO 5.000% 4/1/20 150 167
Texas GO 5.000% 10/1/20 600 677
Texas GO 5.000% 10/1/22 545 642
Texas GO 5.000% 10/1/25 500 598
Texas GO 5.000% 4/1/27 200 237
Texas GO 5.000% 10/1/27 55 66
Texas GO 5.000% 10/1/27 145 173
Texas GO 5.000% 10/1/28 100 117
Texas GO 5.000% 10/1/31 500 604
Texas GO 5.000% 4/1/44 925 1,039
Texas GO 5.000% 10/1/44 1,320 1,496
Texas Municipal Power Agency Revenue 5.000% 9/1/40 170 186
Texas Private Activity Surface Transportation        
Corp. Revenue 6.875% 12/31/39 210 236
Texas Private Activity Surface Transportation        
Corp. Revenue 7.000% 6/30/40 1,260 1,428
Texas Private Activity Surface Transportation        
Corp. Revenue (LBJ Infrastructure Group) 7.000% 6/30/34 115 131
Texas State University System Financing System        
Revenue 5.000% 3/15/27 1,000 1,224
Texas Transportation Commission GO 4.750% 4/1/18 (Prere.) 530 549
Texas Transportation Commission GO 5.000% 10/1/18 200 212
Texas Transportation Commission GO 5.000% 10/1/20 260 293
Texas Transportation Commission GO 5.000% 10/1/21 400 462
Texas Transportation Commission GO 5.000% 4/1/23 100 119
Texas Transportation Commission GO 5.000% 4/1/24 365 439
Texas Transportation Commission GO 5.000% 10/1/25 720 870
Texas Transportation Commission GO 5.000% 4/1/26 200 239
Texas Transportation Commission GO 5.000% 4/1/26 100 116
Texas Transportation Commission GO 5.000% 10/1/26 500 606
Texas Transportation Commission GO 5.000% 10/1/29 50 60
Texas Transportation Commission GO 5.000% 10/1/30 1,500 1,825
Texas Transportation Commission GO 5.000% 4/1/31 300 347
Texas Transportation Commission GO 5.000% 10/1/33 250 298
Texas Transportation Commission GO 5.000% 4/1/44 860 984
Texas Transportation Commission Mobility Fund        
GO 5.000% 10/1/28 55 66

 

90

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Texas Transportation Commission Mobility Fund        
GO 5.000% 10/1/34 160 190
Texas Transportation Commission Revenue 4.000% 10/1/18 190 198
Texas Transportation Commission Revenue 5.000% 4/1/19 140 151
Texas Transportation Commission Revenue 5.000% 4/1/20 540 600
Texas Transportation Commission Revenue 5.000% 10/1/20 500 563
Texas Transportation Commission Revenue 5.000% 4/1/21 380 434
Texas Transportation Commission Revenue 5.000% 10/1/21 1,800 2,079
Texas Transportation Commission Revenue 5.000% 10/1/21 300 346
Texas Transportation Commission Revenue 5.000% 10/1/22 150 177
Texas Transportation Commission Revenue 5.000% 4/1/24 445 536
Texas Transportation Commission Revenue 5.000% 10/1/24 90 109
Texas Transportation Commission Revenue 5.000% 10/1/25 285 348
Texas Transportation Commission Revenue 5.000% 10/1/26 350 432
Texas Transportation Commission Revenue 5.000% 10/1/30 1,000 1,194
Texas Transportation Commission Revenue 5.000% 4/1/34 100 114
Texas Transportation Commission Revenue 5.000% 8/15/41 100 109
Texas Transportation Commission Turnpike        
System Revenue 5.000% 8/15/34 1,500 1,656
Texas Transportation Commission Turnpike        
System Revenue 5.000% 8/15/37 760 845
Texas Transportation Commission Turnpike        
System Revenue 5.000% 8/15/42 400 436
Texas Turnpike Authority Central Texas Turnpike        
System Revenue 0.000% 8/15/22 (2) 95 84
Texas Turnpike Authority Central Texas Turnpike        
System Revenue 0.000% 8/15/36 725 322
Texas Turnpike Authority Central Texas Turnpike        
System Revenue 0.000% 8/15/37 1,075 450
Texas Water Development Board Revenue 5.000% 7/15/26 100 101
Texas Water Development Board Revenue 5.000% 10/15/30 100 118
Texas Water Development Board Revenue 5.000% 10/15/31 525 618
Texas Water Development Board Revenue 5.000% 7/15/33 200 202
Texas Water Development Board Revenue 5.000% 10/15/40 980 1,117
Texas Water Development Board Revenue 5.000% 10/15/45 400 454
Texas Water Financial Assistance GO 4.000% 8/1/41 100 105
University of Texas Permanent University Fund        
Revenue 5.000% 7/1/27 135 161
University of Texas Permanent University Fund        
Revenue 5.250% 7/1/30 55 70
University of Texas Permanent University Fund        
Revenue 4.000% 7/1/34 300 321
University of Texas Permanent University Fund        
Revenue 5.000% 7/1/41 300 343
University of Texas System Revenue Financing        
System Revenue 5.000% 8/15/20 50 56
University of Texas System Revenue Financing        
System Revenue 5.000% 8/15/21 110 127
University of Texas System Revenue Financing        
System Revenue 5.000% 8/15/21 125 144
University of Texas System Revenue Financing        
System Revenue 5.000% 8/15/22 500 587
University of Texas System Revenue Financing        
System Revenue 5.375% 8/15/23 200 244

 

91

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
University of Texas System Revenue Financing        
System Revenue 5.000% 8/15/25 900 1,103
University of Texas System Revenue Financing        
System Revenue 5.000% 8/15/25 100 123
University of Texas System Revenue Financing        
System Revenue 5.000% 8/15/26 550 680
University of Texas System Revenue Financing        
System Revenue 5.000% 8/15/26 230 285
University of Texas System Revenue Financing        
System Revenue 5.000% 8/15/43 450 509
Ysleta TX Independent School District GO 5.000% 8/15/45 560 638
        111,404
Utah (0.6%)        
Intermountain Power Agency Utah Power Supply        
Revenue 5.000% 7/1/21 210 220
Intermountain Power Agency Utah Power Supply        
Revenue 5.000% 7/1/22 480 502
University of Utah Revenue 5.000% 8/1/32 135 155
Utah GO 5.000% 7/1/18 (Prere.) 200 210
Utah GO 5.000% 7/1/18 800 838
Utah GO 5.000% 7/1/20 1,400 1,568
Utah GO 5.000% 7/1/21 (Prere.) 250 287
Utah GO 5.000% 7/1/25 395 481
Utah Transit Authority Sales Tax Revenue 4.750% 6/15/18 (Prere.) 240 250
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/18 (Prere.) 75 78
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/18 (Prere.) 195 204
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/27 340 410
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/28 110 132
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/30 180 213
Utah Transit Authority Sales Tax Revenue 4.000% 12/15/30 500 535
Utah Transit Authority Sales Tax Revenue 0.000% 12/15/32 500 267
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/37 270 303
Utah Transit Authority Sales Tax Revenue 5.000% 6/15/38 250 286
        6,939
Vermont (0.0%)        
Vermont Educational & Health Buildings        
Financing Agency Revenue (Champlain College        
Project) 5.000% 10/15/41 200 210
Vermont Educational & Health Buildings        
Financing Agency Revenue (Champlain College        
Project) 5.000% 10/15/46 200 210
        420
Virginia (1.5%)        
Arlington County VA GO 5.000% 8/1/22 240 283
Chesapeake Bay VA Bridge & Tunnel District        
Revenue 5.000% 7/1/51 500 549
Fairfax County VA GO 5.000% 10/1/23 505 608
Fairfax County VA GO 4.000% 10/1/27 1,000 1,139
Fairfax County VA Public Improvement GO 5.000% 4/1/21 350 400
Fairfax County VA Public Improvement GO 5.000% 4/1/23 110 131
Fairfax VA GO 4.000% 1/15/31 120 128
Hampton Roads VA Sanitation & Wastewater        
District Revenue 5.000% 4/1/18 (Prere.) 85 88

 

92

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Richmond VA Public Utility Revenue 5.000% 1/15/19 (Prere.) 120 128
Richmond VA Public Utility Revenue 5.000% 1/15/32 750 878
University of Virginia Revenue 5.000% 6/1/18 (Prere.) 1,285 1,342
University of Virginia Revenue 4.000% 4/1/42 665 704
University of Virginia Revenue 4.000% 4/1/45 1,245 1,302
Virginia College Building Authority Educational        
Facilities Revenue (21st Century College &        
Equipment Programs) 4.000% 2/1/28 1,295 1,429
Virginia College Building Authority Educational        
Facilities Revenue (21st Century College &        
Equipment Programs) 5.000% 2/1/31 1,000 1,164
Virginia Commonwealth Transportation Board        
Revenue 5.000% 5/15/23 315 376
Virginia Commonwealth Transportation Board        
Revenue 5.000% 3/15/27 1,140 1,398
Virginia Commonwealth Transportation Board        
Revenue 4.000% 5/15/31 700 750
Virginia Commonwealth Transportation Board        
Revenue 4.000% 5/15/32 380 405
Virginia Commonwealth Transportation Board        
Revenue 5.000% 5/15/33 50 56
Virginia Commonwealth Transportation Board        
Revenue 4.500% 5/15/36 335 366
Virginia Commonwealth Transportation Board        
Revenue 4.000% 5/15/37 1,800 1,887
Virginia GO 5.000% 6/1/19 200 217
Virginia GO 5.000% 6/1/26 250 307
Virginia GO 5.000% 6/1/27 85 104
Virginia Public School Authority Revenue 5.000% 8/1/19 130 141
Virginia Public School Authority Revenue 5.000% 8/1/22 50 59
Virginia Public School Authority Revenue 5.000% 8/1/22 380 446
Virginia Public School Authority Revenue 5.000% 8/1/23 420 492
Virginia Public School Authority Revenue 5.000% 8/1/25 275 335
Virginia Public School Authority Revenue 5.000% 8/1/26 300 364
Virginia Public School Authority Revenue 5.000% 8/1/27 500 603
        18,579
Washington (2.4%)        
Central Puget Sound WA Regional Transit        
Authority Sales & Use Tax Revenue 5.000% 11/1/31 200 236
Central Puget Sound WA Regional Transit        
Authority Sales & Use Tax Revenue 5.000% 11/1/32 100 118
Central Puget Sound WA Regional Transit        
Authority Sales & Use Tax Revenue 5.000% 11/1/35 350 404
Central Puget Sound WA Regional Transit        
Authority Sales & Use Tax Revenue 5.000% 11/1/41 290 333
Central Puget Sound WA Regional Transit        
Authority Sales & Use Tax Revenue 5.000% 11/1/45 1,450 1,648
Central Puget Sound WA Regional Transit        
Authority Sales & Use Tax Revenue 5.000% 11/1/46 90 115
Energy Northwest Washington Electric Revenue        
(Columbia Generating Station) 5.000% 7/1/18 1,850 1,938
Energy Northwest Washington Electric Revenue        
(Columbia Generating Station) 5.000% 7/1/19 260 282

 

93

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Energy Northwest Washington Electric Revenue        
(Columbia Generating Station) 5.000% 7/1/21 75 86
Energy Northwest Washington Electric Revenue        
(Columbia Generating Station) 5.000% 7/1/30 200 233
Energy Northwest Washington Electric Revenue        
(Project No. 1) 5.000% 7/1/17 215 217
Energy Northwest Washington Electric Revenue        
(Project No. 1) 5.000% 7/1/25 555 675
Energy Northwest Washington Electric Revenue        
(Project No. 1) 5.000% 7/1/25 50 60
Energy Northwest Washington Electric Revenue        
(Project No. 1) 5.000% 7/1/26 1,250 1,421
Energy Northwest Washington Electric Revenue        
(Project No. 1) 5.000% 7/1/28 50 55
Energy Northwest Washington Electric Revenue        
(Project No. 3) 5.000% 7/1/18 900 943
Energy Northwest Washington Electric Revenue        
(Project No. 3) 5.000% 7/1/27 250 304
King County WA Sewer Revenue 5.000% 1/1/19 (Prere.) 550 587
King County WA Sewer Revenue 5.000% 7/1/20 (Prere.) 95 106
King County WA Sewer Revenue 5.125% 1/1/21 (Prere.) 35 40
King County WA Sewer Revenue 4.000% 7/1/33 415 440
King County WA Sewer Revenue 5.125% 1/1/37 30 33
King County WA Sewer Revenue 5.000% 1/1/45 30 33
King County WA Sewer Revenue 5.000% 1/1/52 525 576
Northwest Energy Washington Electric Revenue        
(Bonneville Power Administration) 5.000% 7/1/28 500 577
Northwest Energy Washington Electric Revenue        
(Columbia Generating Station) 5.250% 7/1/18 125 131
Port of Seattle WA Revenue 5.000% 2/1/30 250 293
Port of Seattle WA Revenue 5.000% 8/1/31 100 113
Port of Tacoma WA GO 5.000% 6/1/18 (Prere.) 115 120
Seattle WA Municipal Light & Power Revenue 5.000% 2/1/20 (Prere.) 15 17
Seattle WA Municipal Light & Power Revenue 5.000% 2/1/23 60 66
Tacoma WA Electric System Revenue 5.000% 1/1/38 370 418
University of Washington Biomedical Research        
Properties Lease Revenue 4.000% 1/1/48 100 101
University of Washington Revenue 3.125% 7/1/42 630 570
Washington (Motor Vehicle Fuel Tax) GO 5.000% 7/1/17 (Prere.) 500 504
Washington (Motor Vehicle Fuel Tax) GO 4.000% 7/1/18 60 62
Washington (Motor Vehicle Fuel Tax) GO 5.000% 7/1/23 490 584
Washington (Motor Vehicle Fuel Tax) GO 4.000% 7/1/25 100 108
Washington (Motor Vehicle Fuel Tax) GO 5.000% 7/1/29 200 234
Washington (Motor Vehicle Fuel Tax) GO 5.000% 8/1/33 500 576
Washington (Motor Vehicle Fuel Tax) GO 5.000% 6/1/41 760 848
Washington Federal Highway Grant Anticipation        
Revenue (520 Corridor Program) 5.000% 9/1/18 100 105
Washington Federal Highway Grant Anticipation        
Revenue (520 Corridor Program) 5.000% 9/1/21 100 115
Washington Federal Highway Grant Anticipation        
Revenue (520 Corridor Program) 5.000% 9/1/22 225 263
Washington Federal Highway Grant Anticipation        
Revenue (520 Corridor Program) 5.000% 9/1/22 180 210

 

94

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Washington Federal Highway Grant Anticipation        
Revenue (520 Corridor Program) 5.000% 9/1/23 90 105
Washington Federal Highway Grant Anticipation        
Revenue (520 Corridor Program) 5.000% 9/1/24 70 81
Washington GO 5.000% 7/1/17 (Prere.) 175 176
Washington GO 5.000% 7/1/17 1,200 1,209
Washington GO 5.000% 7/1/17 200 201
Washington GO 5.000% 1/1/18 530 545
Washington GO 5.000% 1/1/18 (Prere.) 140 144
Washington GO 5.000% 1/1/18 (Prere.) 65 67
Washington GO 5.000% 1/1/18 (Prere.) 195 200
Washington GO 5.000% 7/1/18 (Prere.) 60 63
Washington GO 5.000% 7/1/18 (Prere.) 330 346
Washington GO 5.000% 7/1/18 (Prere.) 170 178
Washington GO 5.000% 7/1/18 150 157
Washington GO 5.000% 7/1/18 (Prere.) 100 105
Washington GO 5.000% 7/1/18 (Prere.) 80 84
Washington GO 5.000% 7/1/18 210 220
Washington GO 5.000% 1/1/19 (Prere.) 85 91
Washington GO 5.000% 2/1/19 (Prere.) 60 64
Washington GO 5.000% 1/1/20 175 193
Washington GO 5.000% 7/1/20 100 112
Washington GO 5.000% 7/1/20 110 123
Washington GO 5.000% 1/1/21 150 170
Washington GO 5.000% 8/1/21 550 633
Washington GO 5.000% 7/1/24 200 241
Washington GO 4.000% 7/1/26 350 376
Washington GO 5.000% 7/1/26 150 183
Washington GO 3.000% 7/1/29 275 271
Washington GO 5.000% 8/1/30 75 87
Washington GO 5.000% 7/1/31 100 116
Washington GO 5.000% 8/1/31 100 116
Washington GO 5.000% 8/1/31 150 177
Washington GO 5.000% 7/1/32 100 117
Washington GO 5.000% 7/1/32 100 115
Washington GO 5.000% 7/1/33 275 315
Washington GO 5.000% 7/1/33 500 580
Washington GO 5.000% 8/1/34 130 149
Washington GO 5.000% 8/1/34 250 276
Washington GO 5.250% 2/1/36 700 787
Washington GO 5.000% 2/1/37 750 858
Washington GO 5.000% 8/1/37 480 552
Washington GO 5.000% 2/1/38 1,000 1,143
Washington GO 5.000% 8/1/39 500 574
Washington GO 5.000% 2/1/42 415 477
        29,675
West Virginia (0.0%)        
West Virginia Economic Development Authority        
Lottery Revenue 5.000% 6/15/40 160 175
West Virginia University Revenue 5.000% 10/1/36 115 129
        304

 

95

 

Tax-Exempt Bond Index Fund        
 
 
 
      Face Market
    Maturity Amount Value•
  Coupon Date ($000) ($000)
Wisconsin (0.6%)        
Wisconsin General Fund Annual Appropriation        
Revenue 5.750% 5/1/19 (Prere.) 10 11
Wisconsin General Fund Annual Appropriation        
Revenue 5.750% 5/1/19 (Prere.) 125 137
Wisconsin General Fund Annual Appropriation        
Revenue 5.750% 5/1/29 90 98
Wisconsin General Fund Annual Appropriation        
Revenue 5.750% 5/1/33 1,150 1,252
Wisconsin GO 5.000% 5/1/19 (2) 175 189
Wisconsin GO 6.000% 5/1/19 (Prere.) 550 604
Wisconsin GO 5.000% 5/1/20 100 111
Wisconsin GO 5.000% 11/1/20 60 68
Wisconsin GO 5.000% 11/1/20 500 565
Wisconsin GO 5.000% 11/1/22 250 288
Wisconsin GO 5.000% 11/1/23 205 246
Wisconsin GO 5.000% 5/1/25 90 104
Wisconsin GO 5.000% 5/1/26 75 91
Wisconsin GO 5.000% 11/1/29 500 595
Wisconsin GO 5.000% 5/1/35 520 592
Wisconsin GO 5.000% 5/1/37 1,340 1,528
Wisconsin Health & Educational Facilities        
Authority Revenue (Medical College Wisconsin) 4.000% 12/1/46 300 303
Wisconsin Public Finance Authority Lease        
Development Revenue (Central District        
Development Project) 5.000% 3/1/41 245 272
Wisconsin Public Power System Power Supply        
System Revenue 5.000% 7/1/37 290 323
Wisconsin Transportation Revenue 5.000% 7/1/19 (14) 90 98
        7,475
Wyoming (0.0%)        
Campbell County WY Solid Waste Facilities        
Revenue (Basin Electric Power Cooperative -        
Dry Fork Station Facilities) 5.750% 7/15/39 250 269
Total Tax-Exempt Municipal Bonds (Cost $1,221,528)     1,218,580
 
      Shares  
Temporary Cash Investment (1.1%)        
Money Market Fund (1.1%)        
1 Vanguard Municipal Cash Management Fund        
(Cost $14,378) 0.895%   143,784 14,378
Total Investments (99.1%) (Cost $1,235,906)       1,232,958

 

96

 

Tax-Exempt Bond Index Fund  
 
 
 
  Amount
  ($000)
Other Assets and Liabilities (0.9%)  
Other Assets  
Investment in Vanguard 75
Receivables for Investment Securities Sold 35
Receivables for Accrued Income 15,600
Receivables for Capital Shares Issued 1,081
Other Assets 23
Total Other Assets 16,814
Liabilities  
Payables for Investment Securities Purchased (5,925)
Payables for Distributions (37)
Payables to Vanguard (99)
Other Liabilities (138)
Total Liabilities (6,199)
Net Assets (100%) 1,243,573
 
 
At April 30, 2017, net assets consisted of:  
  Amount
  ($000)
Paid-in Capital 1,245,284
Undistributed Net Investment Income 1,983
Accumulated Net Realized Losses (746)
Unrealized Appreciation (Depreciation) (2,948)
Net Assets 1,243,573
 
Investor Shares—Net Assets  
Applicable to 237,351 outstanding $.001 par value shares of  
beneficial interest (unlimited authorization) 2,413
Net Asset Value Per Share—Investor Shares $10.16
 
ETF Shares—Net Assets  
Applicable to 22,350,709 outstanding $.001 par value shares of  
beneficial interest (unlimited authorization) 1,137,347
Net Asset Value Per Share—ETF Shares $50.89
 
Admiral Shares—Net Assets  
Applicable to 5,108,385 outstanding $.001 par value shares of  
beneficial interest (unlimited authorization) 103,813
Net Asset Value Per Share—Admiral Shares $20.32

 

• See Note A in Notes to Financial Statements.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the
7-day yield.
A Key to abbreviations and other references follows the Statement of Net Assets.
See accompanying Notes, which are an integral part of the Financial Statements.

97

 

Tax-Exempt Bond Index Fund

Key to Abbreviations

ARS—Auction Rate Security.
BAN—Bond Anticipation Note.
COP—Certificate of Participation.
CP—Commercial Paper.
FR—Floating Rate.
GAN—Grant Anticipation Note.
GO—General Obligation Bond.
PILOT—Payments in Lieu of Taxes.
PUT—Put Option Obligation.
RAN—Revenue Anticipation Note.
TAN—Tax Anticipation Note.
TOB—Tender Option Bond.
TRAN—Tax Revenue Anticipation Note.
VRDO—Variable Rate Demand Obligation.
VRDP—Variable Rate Demand Preferred.
(ETM)—Escrowed to Maturity.
(Prere.)—Prerefunded.

Scheduled principal and interest payments are guaranteed by:

(1) MBIA (Municipal Bond Investors Assurance).

(2) AMBAC (Ambac Assurance Corporation).

(3) FGIC (Financial Guaranty Insurance Company).

(4) AGM (Assured Guaranty Municipal Corporation).

(5) BIGI (Bond Investors Guaranty Insurance).

(6) Connie Lee Inc.

(7) FHA (Federal Housing Authority).

(8) CapMAC (Capital Markets Assurance Corporation).

(9) American Capital Access Financial Guaranty Corporation.

(10) XL Capital Assurance Inc.

(11) CIFG (CDC IXIS Financial Guaranty).

(12) AGC (Assured Guaranty Corporation).

(13) BHAC (Berkshire Hathaway Assurance Corporation).

(14) NPFG (National Public Finance Guarantee Corporation).

(15) BAM (Build America Mutual Assurance Company).

(16) MAC (Municipal Assurance Corporation).

(17) RAA (Radian Asset Assurance Inc.).

(18) SBLF (Michigan School Bond Loan Fund).

The insurance does not guarantee the market value of the municipal bonds.

LOC—Scheduled principal and interest payments are guaranteed by bank letter of credit.

98

 

Tax-Exempt Bond Index Fund

Statement of Operations  
 
  Six Months Ended
  April 30, 2017
  ($000)
Investment Income  
Income  
Interest1 9,216
Total Income 9,216
Expenses  
The Vanguard Group—Note B  
Investment Advisory Services 59
Management and Administrative—Investor Shares 3
Management and Administrative—ETF Shares 264
Management and Administrative—Admiral Shares 27
Marketing and Distribution—Investor Shares —
Marketing and Distribution—ETF Shares 30
Marketing and Distribution—Admiral Shares 4
Custodian Fees 1
Shareholders’ Reports—Investor Shares —
Shareholders’ Reports—ETF Shares 21
Shareholders’ Reports—Admiral Shares 2
Total Expenses 411
Net Investment Income 8,805
Realized Net Gain (Loss) on Investment Securities Sold1 (1,140)
Change in Unrealized Appreciation (Depreciation) of Investment Securities (4,025)
Net Increase (Decrease) in Net Assets Resulting from Operations 3,640

 

1 Interest income and realized net gain (loss) from an affiliated company of the fund were $42,000 and $0, respectively.

See accompanying Notes, which are an integral part of the Financial Statements.

99

 

Tax-Exempt Bond Index Fund    
 
 
Statement of Changes in Net Assets    
 
  Six Months Ended Year Ended
  April 30, October 31,
  2017 2016
  ($000) ($000)
Increase (Decrease) in Net Assets    
Operations    
Net Investment Income 8,805 5,771
Realized Net Gain (Loss) (1,140) (32)
Change in Unrealized Appreciation (Depreciation) (4,025) 744
Net Increase (Decrease) in Net Assets Resulting from Operations 3,640 6,483
Distributions    
Net Investment Income    
Investor Shares (19) (24)
ETF Shares (6,746) (4,401)
Admiral Shares (838) (657)
Realized Capital Gain    
Investor Shares — —
ETF Shares — —
Admiral Shares — —
Total Distributions (7,603) (5,082)
Capital Share Transactions    
Investor Shares 135 (3,074)
ETF Shares 589,840 488,632
Admiral Shares 35,747 61,896
Net Increase (Decrease) from Capital Share Transactions 625,722 547,454
Total Increase (Decrease) 621,759 548,855
Net Assets    
Beginning of Period 621,814 72,959
End of Period1 1,243,573 621,814

 

1 Net Assets—End of Period includes undistributed (overdistributed) net investment income of $1,983,000 and $781,000.

See accompanying Notes, which are an integral part of the Financial Statements.

100

 

Tax-Exempt Bond Index Fund      
 
 
Financial Highlights      
 
 
Investor Shares      
  Six Months Year Aug. 21,
  Ended Ended 20151 to
  April 30, Oct. 31, Oct. 31,
For a Share Outstanding Throughout Each Period 2017 2016 2015
Net Asset Value, Beginning of Period $10.33 $10.05 $10.00
Investment Operations      
Net Investment Income . 089 .149 . 034
Net Realized and Unrealized Gain (Loss) on Investments2 (.168) . 280 . 048
Total from Investment Operations (.079) .429 .082
Distributions      
Dividends from Net Investment Income (. 091) (.149) (. 032)
Distributions from Realized Capital Gains — — —
Total Distributions (. 091) (.149) (. 032)
Net Asset Value, End of Period $10.16 $10.33 $10.05
 
Total Return3 -0.75% 4.28% 0.82%
 
Ratios/Supplemental Data      
Net Assets, End of Period (Millions) $2 $2 $5
Ratio of Total Expenses to Average Net Assets 0.19% 0.19% 0.20%4
Ratio of Net Investment Income to Average Net Assets 1.91% 1.61% 1.88%4
Portfolio Turnover Rate 5 12% 8% 1%

 

The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.

1      Inception.
2      Includes increases from purchase fees of $.00, $.00, and $.06.
3      Total returns do not include transaction or account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable transaction and account service fees.
4      Annualized.
5      Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units.

See accompanying Notes, which are an integral part of the Financial Statements.

101

 

Tax-Exempt Bond Index Fund      
 
 
Financial Highlights      
 
 
ETF Shares      
  Six Months Year Aug. 21,
  Ended Ended 20151 to
  April 30, Oct. 31, Oct. 31,
For a Share Outstanding Throughout Each Period 2017 2016 2015
Net Asset Value, Beginning of Period $51.67 $50.33 $50.00
Investment Operations      
Net Investment Income . 473 . 810 .170
Net Realized and Unrealized Gain (Loss) on Investments2 (.797) 1.343 .255
Total from Investment Operations (.324) 2.153 .425
Distributions      
Dividends from Net Investment Income (.456) (.813) (.095)
Distributions from Realized Capital Gains — — —
Total Distributions (.456) (.813) (.095)
Net Asset Value, End of Period $50.89 $51.67 $50.33
 
Total Return -0.61% 4.29% 0.85%
 
Ratios/Supplemental Data      
Net Assets, End of Period (Millions) $1,137 $550 $60
Ratio of Total Expenses to Average Net Assets 0.09% 0.09% 0.12%3
Ratio of Net Investment Income to Average Net Assets 2.01% 1.71% 1.96%3
Portfolio Turnover Rate 4 12% 8% 1%

The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.

1      Inception.
2      Includes increases from purchase fees of $.01, $.02 and $.00.
3      Annualized.
4      Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares including ETF Creation Units.

See accompanying Notes, which are an integral part of the Financial Statements.

102

 

Tax-Exempt Bond Index Fund      
 
 
Financial Highlights      
 
 
Admiral Shares      
  Six Months Year Aug. 25,
  Ended Ended 20151 to
  April 30, Oct. 31, Oct. 31,
For a Share Outstanding Throughout Each Period 2017 2016 2015
Net Asset Value, Beginning of Period $20.65 $20.10 $19.98
Investment Operations      
Net Investment Income .189 . 324 . 066
Net Realized and Unrealized Gain (Loss) on Investments (.326) .550 .120
Total from Investment Operations (.137) .874 .186
Distributions      
Dividends from Net Investment Income (.193) (. 324) (. 066)
Distributions from Realized Capital Gains — — —
Total Distributions (.193) (. 324) (. 066)
Net Asset Value, End of Period $20.32 $20.65 $20.10
 
Total Return2 -0.65% 4.36% 0.93%
 
Ratios/Supplemental Data      
Net Assets, End of Period (Millions) $104 $69 $7
Ratio of Total Expenses to Average Net Assets 0.09% 0.09% 0.12%3
Ratio of Net Investment Income to Average Net Assets 2.01% 1.71% 1.96%3
Portfolio Turnover Rate 4 12% 8% 1%

 

The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.

1      Inception.
2      Total returns do not include transaction or account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable transaction and account service fees.
3      Annualized.
4      Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units.

See accompanying Notes, which are an integral part of the Financial Statements.

103

 

Tax-Exempt Bond Index Fund

Notes to Financial Statements

Vanguard Tax-Exempt Bond Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund invests in debt instruments of many municipal issuers; the issuers’ abilities to meet their obligations may be affected by economic and political developments in a specific state or region. The fund offers three classes of shares: Investor Shares, ETF Shares, and Admiral Shares. Investor Shares are available to any investor who meets the fund’s minimum purchase requirements. ETF Shares are listed for trading on NYSE Arca; they can be purchased and sold through a broker. Admiral Shares are designed for investors who meet certain administrative, service, and account-size criteria.

A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.

1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Investments in Vanguard Municipal Cash Management Fund are valued at that fund’s net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.

2. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (October 31, 2015–2016), and for the period ended April 30, 2017, and has concluded that no provision for federal income tax is required in the fund’s financial statements.

3. Distributions: Distributions to shareholders are recorded on the ex-dividend date.

4. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $3.1 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.

The fund had no borrowings outstanding at April 30, 2017, or at any time during the period then ended.

5. Other: Interest income includes income distributions received from Vanguard Municipal Cash Management Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold. Fees assessed on capital share transactions are credited to paid-in capital.

104

 

Tax-Exempt Bond Index Fund

Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.

B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. Vanguard does not require reimbursement in the current period for certain costs of operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Net Assets.

Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At April 30, 2017, the fund had contributed to Vanguard capital in the amount of $75,000, representing 0.01% of the fund’s net assets and 0.03% of Vanguard’s capitalization. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.

C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

Level 1—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 risk, etc.).

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments).

The following table summarizes the market value of the fund’s investments as of April 30, 2017, based on the inputs used to value them:

  Level 1 Level 2 Level 3
Investments ($000) ($000) ($000)
Tax-Exempt Municipal Bonds — 1,218,580 —
Temporary Cash Investments 14,378 — —
Total 14,378 1,218,580 —

 

D. Distributions are determined on a tax basis and may differ from net investment income and realized capital gains for financial reporting purposes. Differences may be permanent or temporary. Permanent differences are reclassified among capital accounts in the financial statements to reflect their tax character. Temporary differences arise when certain items of income, expense, gain, or loss are recognized in different periods for financial statement and tax purposes. These differences will reverse at some time in the future. Differences in classification may also result from the treatment of short-term gains as ordinary income for tax purposes.

105

 

Tax-Exempt Bond Index Fund

During the six months ended April 30, 2017, the fund realized $430,000 of net capital losses resulting from in-kind redemptions—in which shareholders exchanged fund shares for securities held by the fund rather than for cash. Because such losses are not taxable to the fund, and are not distributed to shareholders, they have been reclassified from accumulated net realized losses to paid-in capital.

The fund’s tax-basis capital gains and losses are determined only at the end of each fiscal year. For tax purposes, at October 31, 2016, the fund had available capital losses totaling $36,000 that may be carried forward indefinitely to offset future capital gains. The fund will use these capital losses to offset net taxable capital gains, if any, realized during the year ending October 31, 2017; should the fund realize net capital losses for the year, the losses will be added to the loss carryforward balance above.

At April 30, 2017, the cost of investment securities for tax purposes was $1,235,906,000. Net unrealized depreciation of investment securities for tax purposes was $2,948,000, consisting of unrealized gains of $6,377,000 on securities that had risen in value since their purchase and $9,325,000 in unrealized losses on securities that had fallen in value since their purchase.

E. During the six months ended April 30, 2017, the fund purchased $664,839,000 of investment securities and sold $67,653,000 of investment securities, other than temporary cash investments. Purchases and sales include $531,932,000 and $15,231,000, respectively, in connection with in-kind purchases and redemptions of the fund’s capital shares.

F. Capital share transactions for each class of shares were:      
  Six Months Ended   Year Ended
    April 30, 2017 October 31, 2016
  Amount Shares Amount Shares
  ($000) (000) ($000) (000)
Investor Shares        
Issued1 1,023 101 3,124 303
Issued in Lieu of Cash Distributions 15 2 19 2
Redeemed (903) (90) (6,217) (616)
Net Increase (Decrease)—Investor Shares 135 13 (3,074) (311)
ETF Shares        
Issued1 605,002 12,000 488,632 9,451
Issued in Lieu of Cash Distributions — — — —
Redeemed (15,162) (300) — —
Net Increase (Decrease)—ETF Shares 589,840 11,700 488,632 9,451
Admiral Shares        
Issued1 50,274 2,481 75,733 3,667
Issued in Lieu of Cash Distributions 699 35 579 28
Redeemed (15,226) (756) (14,416) (703)
Net Increase (Decrease)—Admiral Shares 35,747 1,760 61,896 2,992
1 Includes purchase fees for fiscal 2017 and 2016 of $138,000 and $182,000, respectively (fund totals).    

 

106

 

Tax-Exempt Bond Index Fund

At April 30, 2017, one shareholder was the record or beneficial owner of 26% of the fund’s net assets. If the shareholder were to redeem its investment in the fund, the redemption might result in an increase in the fund’s expense ratio.

G. Management has determined that no material events or transactions occurred subsequent to April 30, 2017, that would require recognition or disclosure in these financial statements.

107

 

About Your Fund’s Expenses

As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.

A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.

The accompanying table illustrates your fund’s costs in two ways:

• Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund‘s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.

To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading ”Expenses Paid During Period.“

• Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.

Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”

The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.

You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.

108

 

Six Months Ended April 30, 2017      
  Beginning Ending Expenses
  Account Value Account Value Paid During
Tax-Exempt Bond Index Fund 10/31/2016 4/30/2017 Period
Based on Actual Fund Return      
Investor Shares $1,000.00 $992.47 $0.94
ETF Shares 1,000.00 993.86 0.44
Admiral Shares 1,000.00 993.50 0.44
Based on Hypothetical 5% Yearly Return      
Investor Shares $1,000.00 $1,023.85 $0.95
ETF Shares 1,000.00 1,024.35 0.45
Admiral Shares 1,000.00 1,024.35 0.45

 

The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratios for that period are 0.19% for Investor Shares, 0.09% for ETF Shares, and 0.09% for Admiral Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (181/365).

109

 

Trustees Approve Advisory Arrangement

The board of trustees of Vanguard Tax-Exempt Bond Index Fund has renewed the fund’s investment advisory arrangement with The Vanguard Group, Inc. (Vanguard), through its Fixed Income Group. The board determined that continuing the fund’s internalized management structure was in the best interest of the fund and its shareholders.

The board based its decision upon an evaluation of the advisor’s investment staff, portfolio management process, and performance. This evaluation included information provided to the board by Vanguard’s Portfolio Review Department, which is responsible for fund and advisor oversight and product management. The Portfolio Review Department met regularly with the advisor and made monthly presentations to the board during the fiscal year that directed the board’s focus to relevant information and topics.

The board, or an investment committee made up of board members, also received information throughout the year during advisor presentations. For each advisor presentation, the board was provided with letters and reports that included information about, among other things, the advisory firm and the advisor’s assessment of the investment environment, portfolio performance, and portfolio characteristics.

In addition, the board received monthly reports, which included a Market and Economic Report, a Fund Dashboard Monthly Summary, and a Fund Performance Report.

Prior to their meeting, the trustees were provided with a memo and materials that summarized the information they received over the course of the year. They also considered the factors discussed below, among others. However, no single factor determined whether the board approved the arrangement. Rather, it was the totality of the circumstances that drove the board’s decision.

Nature, extent, and quality of services

The board reviewed the quality of the investment management services provided to the fund since its inception in 2015 and took into account the organizational depth and stability of the advisor. The board considered that Vanguard has been managing investments for more than three decades. The Fixed Income Group adheres to a sound, disciplined investment management process; the team has considerable experience, stability, and depth.

The board concluded that Vanguard’s experience, stability, depth, and performance, among other factors, warranted continuation of the advisory arrangement.

Investment performance

The board considered the performance of the fund since its inception in 2015, including any periods of outperformance or underperformance compared with its target index and peer group. The board concluded that the performance was such that the advisory arrangement should continue. Information about the fund’s performance can be found in the Performance Summary section of this report.

Cost

The board concluded that the fund’s expense ratio was well below the average expense ratio charged by funds in its peer group and that the fund’s advisory expenses were also well below its peer group average. Information about the fund’s expenses appears in the About Your Fund’s Expenses section of this report as well as in the Financial Statements section.

110

 

The board does not conduct a profitability analysis of Vanguard because of Vanguard’s unique “at-cost” structure. Unlike most other mutual fund management companies, Vanguard is owned by the funds it oversees and produces “profits” only in the form of reduced expenses for fund shareholders.

The benefit of economies of scale

The board concluded that the fund’s at-cost arrangement with Vanguard ensures that the fund will realize economies of scale as it grows, with the cost to shareholders declining as fund assets increase.

The board will consider whether to renew the advisory arrangement again after a one-year period.

111

 

Glossary

30-Day SEC Yield. A fund’s 30-day SEC yield is derived using a formula specified by the U.S. Securities and Exchange Commission. Under the formula, data related to the fund’s security holdings in the previous 30 days are used to calculate the fund’s hypothetical net income for that period, which is then annualized and divided by the fund’s estimated average net assets over the calculation period. For the purposes of this calculation, a security’s income is based on its current market yield to maturity (for bonds), its actual income (for asset-backed securities), or its projected dividend yield (for stocks). Because the SEC yield represents hypothetical annualized income, it will differ—at times significantly—from the fund’s actual experience. As a result, the fund’s income distributions may be higher or lower than implied by the SEC yield.

Average Coupon. The average interest rate paid on the fixed income securities held by a fund. It is expressed as a percentage of face value.

Average Duration. An estimate of how much the value of the bonds held by a fund will fluctuate in response to a change in interest rates. To see how the value could change, multiply the average duration by the change in rates. If interest rates rise by 1 percentage point, the value of the bonds in a fund with an average duration of five years would decline by about 5%. If rates decrease by a percentage point, the value would rise by 5%.

Average Stated Maturity. The average length of time until fixed income securities held by a fund reach maturity and are repaid using the maturity date of the security. The figure reflects the proportion of fund assets represented by each security; it also reflects any futures contracts held. In general, the longer the average stated maturity, the more a fund’s share price will fluctuate in response to changes in market interest rates.

Credit Quality. Credit-quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). Credit-quality ratings are obtained from Moody’s and S&P, and the higher rating for each issue is used. ”Not Rated” is used to classify securities for which a rating is not available.

Expense Ratio. A fund’s total annual operating expenses expressed as a percentage of the fund’s average net assets. The expense ratio includes management and administrative expenses, but does not include the transaction costs of buying and selling portfolio securities.

Inception Date. The date on which the assets of a fund (or one of its share classes) are first invested in accordance with the fund’s investment objective. For funds with a subscription period, the inception date is the day after that period ends. Investment performance is measured from the inception date.

Short-Term Reserves. The percentage of a fund invested in highly liquid, short-term securities that can be readily converted to cash.

Yield to Maturity. The rate of return an investor would receive if the fixed income securities held by a fund were held to their maturity dates.

112

 

This page intentionally left blank.

 

This page intentionally left blank.

 

This page intentionally left blank.

 

The People Who Govern Your Fund

The trustees of your mutual fund are there to see that the fund is operated and managed in your best interests since, as a shareholder, you are a part owner of the fund. Your fund’s trustees also serve on the board of directors of The Vanguard Group, Inc., which is owned by the Vanguard funds and provides services to them on an at-cost basis.

A majority of Vanguard’s board members are independent, meaning that they have no affiliation with Vanguard or the funds they oversee, apart from the sizable personal investments they have made as private individuals. The independent board members have distinguished backgrounds in business, academia, and public service. Each of the trustees and executive officers oversees 197 Vanguard funds.

The following table provides information for each trustee and executive officer of the fund. The mailing address of the trustees and officers is P.O. Box 876, Valley Forge, PA 19482. More information about the trustees is in the Statement of Additional Information, which can be obtained, without charge, by contacting Vanguard at 800-662-7447, or online at vanguard.com.

InterestedTrustee1

F. William McNabb III

Born 1957. Trustee Since July 2009. Chairman of the Board. Principal Occupation(s) During the Past Five Years and Other Experience: Chairman of the Board of The Vanguard Group, Inc., and of each of the investment companies served by The Vanguard Group, since January 2010; Director of The Vanguard Group since 2008; Chief Executive Officer and President of The Vanguard Group, and of each of the investment companies served by The Vanguard Group, since 2008; Director of Vanguard Marketing Corporation; Managing Director of The Vanguard Group (1995–2008).

IndependentTrustees

Emerson U. Fullwood

Born 1948. Trustee Since January 2008. Principal Occupation(s) During the Past Five Years and Other Experience: Executive Chief Staff and Marketing Officer for North America and Corporate Vice President (retired 2008) of Xerox Corporation (document management products and services); Executive in Residence and 2009–2010 Distinguished Minett Professor at the Rochester Institute of Technology; Lead Director of SPX FLOW, Inc. (multi-industry manufacturing); Director of the United Way of Rochester, the University of Rochester Medical Center, Monroe Community College Foundation, North Carolina A&T University, and Roberts Wesleyan College.

Rajiv L. Gupta

Born 1945. Trustee Since December 2001.2 Principal Occupation(s) During the Past Five Years and Other Experience: Chairman and Chief Executive Officer (retired 2009) and President (2006–2008) of Rohm and Haas Co. (chemicals); Director of Arconic Inc. (diversified manufacturer), HP Inc. (printer and personal computer manufacturing), and Delphi Automotive plc (automotive components); Senior Advisor at New Mountain Capital.

Amy Gutmann

Born 1949. Trustee Since June 2006. Principal Occupation(s) During the Past Five Years and Other Experience: President of the University of Pennsylvania; Christopher H. Browne Distinguished Professor of Political Science, School of Arts and Sciences, and Professor of Communication, Annenberg School for Communication, with secondary faculty appointments in the Department of Philosophy, School of Arts and Sciences, and at the Graduate School of Education, University of Pennsylvania; Trustee of the National Constitution Center; Chair of the Presidential Commission for the Study of Bioethical Issues.

JoAnn Heffernan Heisen

Born 1950. Trustee Since July 1998. Principal Occupation(s) During the Past Five Years and Other Experience: Corporate Vice President and Member of the Executive Committee (1997–2008), Chief Global Diversity Officer (retired 2008), Vice President and Chief Information Officer (1997–2005), Controller (1995–1997), Treasurer (1991–1995), and Assistant Treasurer (1989–1991) of Johnson & Johnson (pharmaceuticals/medical devices/consumer products); Director of Skytop Lodge Corporation (hotels) and the Robert Wood Johnson Foundation; Member of the Advisory Board of the Institute for Women’s Leadership at Rutgers University.

F. Joseph Loughrey

Born 1949. Trustee Since October 2009. Principal Occupation(s) During the Past Five Years and Other Experience: President and Chief Operating Officer (retired 2009) of Cummins Inc. (industrial machinery); Chairman of the Board of Hillenbrand, Inc. (specialized consumer services), Oxfam America, and the Lumina Foundation for Education; Director of SKF AB (industrial machinery), Hyster-Yale Materials Handling, Inc. (forklift trucks), and the V Foundation for Cancer Research; Member of the Advisory Council for the College of Arts and Letters and Chair of the Advisory

 

Board to the Kellogg Institute for International Studies, both at the University of Notre Dame.

Mark Loughridge

Born 1953. Trustee Since March 2012. Principal Occupation(s) During the Past Five Years and Other Experience: Senior Vice President and Chief Financial Officer (retired 2013) at IBM (information technology services); Fiduciary Member of IBM’s Retirement Plan Committee (2004–2013); Director of the Dow Chemical Company; Member of the Council on Chicago Booth.

Scott C. Malpass

Born 1962. Trustee Since March 2012. Principal Occupation(s) During the Past Five Years and Other Experience: Chief Investment Officer and Vice President at the University of Notre Dame; Assistant Professor of Finance at the Mendoza College of Business at Notre Dame; Member of the Notre Dame 403(b) Investment Committee, the Board of Advisors for Spruceview Capital Partners, and the Investment Advisory Committee of Major League Baseball; Board Member of TIFF Advisory Services, Inc., and Catholic Investment Services, Inc. (investment advisors); Member of the Board of Superintendence of the Institute for the Works of Religion.

André F. Perold

Born 1952. Trustee Since December 2004. Principal Occupation(s) During the Past Five Years and Other Experience: George Gund Professor of Finance and Banking, Emeritus at the Harvard Business School (retired 2011); Chief Investment Officer and Co-Managing Partner of HighVista Strategies LLC (private investment firm); Overseer of the Museum of Fine Arts Boston.

Peter F. Volanakis

Born 1955. Trustee Since July 2009. Principal Occupation(s) During the Past Five Years and Other Experience: President and Chief Operating Officer (retired 2010) of Corning Incorporated (communications equipment); Chairman of the Board of Trustees of Colby-Sawyer College; Member of the Board of Hypertherm, Inc. (industrial cutting systems, software, and consumables).

Executive Officers

Glenn Booraem

Born 1967. Investment Stewardship Officer Since February 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Treasurer (2015–2017), Controller (2010–2015), and Assistant Controller (2001–2010) of each of the investment companies served by The Vanguard Group.

Thomas J. Higgins

Born 1957. Chief Financial Officer Since September 2008. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Chief Financial Officer of each of the investment companies served by The Vanguard Group; Treasurer of each of the investment companies served by The Vanguard Group (1998–2008).

Peter Mahoney

Born 1974. Controller Since May 2015. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Controller of each of the investment companies served by The Vanguard Group; Head of International Fund Services at The Vanguard Group (2008–2014).

Anne E. Robinson

Born 1970. Secretary Since September 2016. Principal Occupation(s) During the Past Five Years and Other Experience: Managing Director of The Vanguard Group, Inc.; General Counsel of The Vanguard Group; Secretary of The Vanguard Group and of each of the investment companies served by The Vanguard Group; Director and Senior Vice President of Vanguard Marketing Corporation; Managing Director and General Counsel of Global Cards and Consumer Services at Citigroup (2014–2016); Counsel at American Express (2003–2014).

Michael Rollings

Born 1963. Treasurer Since February 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Managing Director of The Vanguard Group, Inc.; Treasurer of each of the investment companies served by The Vanguard Group; Executive Vice President and Chief Financial Officer of MassMutual Financial Group (2006–2016).

Vanguard Senior Management Team

Mortimer J. Buckley

John James

Martha G. King

John T. Marcante

Chris D. McIsaac

James M. Norris

Thomas M. Rampulla

Glenn W. Reed

Karin A. Risi

 

Chairman Emeritus and Senior Advisor John J. Brennan

Chairman, 1996–2009

Chief Executive Officer and President, 1996–2008

Founder John C. Bogle

Chairman and Chief Executive Officer, 1974–1996

1 Mr. McNabb is considered an “interested person,” as defined in the Investment Company Act of 1940, because he is an officer of the Vanguard funds.

2 December 2002 for Vanguard Equity Income Fund, the Vanguard Municipal Bond Funds, and the Vanguard State Tax-Exempt Funds.

 

  P.O. Box 2600
  Valley Forge, PA 19482-2600
 
 
 
Connect with Vanguard® > vanguard.com  
 
 
 
Fund Information > 800-662-7447 The index is a product of S&P Dow Jones Indices LLC
Direct Investor Account Services > 800-662-2739 (“SPDJI”), and has been licensed for use by Vanguard. 
  Standard & Poor’s® and S&P® are registered
Institutional Investor Services > 800-523-1036 trademarks of Standard & Poor’s Financial Services LLC
Text Telephone for People (“S&P”); Dow Jones® is a registered trademark of Dow
Who Are Deaf or Hard of Hearing> 800-749-7273 Jones Trademark Holdings LLC (“Dow Jones”); S&P®
  and S&P 500® are trademarks of S&P; and these
This material may be used in conjunction trademarks have been licensed for use by SPDJI and
with the offering of shares of any Vanguard sublicensed for certain purposes by Vanguard. 
fund only if preceded or accompanied by Vanguard product(s) are not sponsored, endorsed, sold
  or promoted by SPDJI, Dow Jones, S&P, or their
the fund’s current prospectus. respective affiliates and none of such parties make any
All comparative mutual fund data are from Lipper, a representation regarding the advisability of investing in
Thomson Reuters Company, or Morningstar, Inc., unless such product(s) nor do they have any liability for any
otherwise noted. errors, omissions, or interruptions of the index.
 
You can obtain a free copy of Vanguard’s proxy voting  
guidelines by visiting vanguard.com/proxyreporting or by  
calling Vanguard at 800-662-2739. The guidelines are  
also available from the SEC’s website, sec.gov. In  
addition, you may obtain a free report on how your fund  
voted the proxies for securities it owned during the 12  
months ended June 30. To get the report, visit either  
vanguard.com/proxyreporting or sec.gov.  
 
You can review and copy information about your fund at  
the SEC’s Public Reference Room in Washington, D.C. To  
find out more about this public service, call the SEC at  
202-551-8090. Information about your fund is also  
available on the SEC’s website, and you can receive  
copies of this information, for a fee, by sending a  
request in either of two ways: via email addressed to  
publicinfo@sec.gov or via regular mail addressed to the  
Public Reference Section, Securities and Exchange  
Commission, Washington, DC 20549-1520.  
 
  © 2017 The Vanguard Group, Inc.
  All rights reserved.
  Vanguard Marketing Corporation, Distributor.
 
  Q14912 062017

 


Item 2: Code of Ethics. The Registrant has adopted a code of ethics that applies to the Registrant’s principal executive officer, principal financial officer, principal accounting officer or controller or persons performing similar functions. The Code of Ethics was amended during the reporting period covered by this report to make certain technical, non-material changes.

Item 3: Audit Committee Financial Expert.

Not Applicable.

Item 4: Principal Accountant Fees and Services.

(a) Audit Fees.

Not Applicable.

Item 5: Audit Committee of Listed Registrants.

Not Applicable.

Item 6: Investments.

Not Applicable.

Item 7: Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not Applicable.

Item 8: Portfolio Managers of Closed-End Management Investment Companies.

Not Applicable.

Item 9: Purchase of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not Applicable.

Item 10: Submission of Matters to a Vote of Security Holders.

Not Applicable.

Item 11: Controls and Procedures.

 

 

     (a) Disclosure Controls and Procedures. The Principal Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on their evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.

     (b) Internal Control Over Financial Reporting. There were no significant changes in Registrant’s Internal Control Over Financial Reporting or in other factors that could significantly affect this control subsequent to the date of the evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Item 12: Exhibits.

(a) Certifications.

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

VANGUARD MUNICIPAL BOND FUNDS

BY:

/s/ F. WILLIAM MCNABB III*

F. WILLIAM MCNABB III CHIEF EXECUTIVE OFFICER

 

Date: June 15, 2017

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

VANGUARD MUNICIPAL BOND FUNDS

BY:

/s/ F. WILLIAM MCNABB III*

F. WILLIAM MCNABB III CHIEF EXECUTIVE OFFICER

 

Date: June 15, 2017

VANGUARD MUNICIPAL BOND FUNDS

BY:

/s/ THOMAS J. HIGGINS*

THOMAS J. HIGGINS CHIEF FINANCIAL OFFICER

 

 

Date: June 15, 2017

* By: /s/ Anne E. Robinson

Anne E. Robinson, pursuant to a Power of Attorney filed on October 4, 2016 see file Number 33-32548, Incorporated by Reference.

 

 

 

0448435, v0.54