NPORT-EX 2 c10244bnymello-february20211.htm Untitled Document

STATEMENT OF INVESTMENTS
BNY Mellon California AMT-Free Municipal Bond Fund

February 28, 2021 (Unaudited)

          
 

Description

Coupon
Rate (%)

 

Maturity

Date

 

Principal

Amount ($)

 

Value ($)

 

Bonds and Notes - 1.2%

     

Collateralized Municipal-Backed Securities - 1.2%

     

California Housing Finance, Revenue Bonds (Noble Towers Apartments) (Green Bond) (Insured; Federal National Mortgage Association)

 

2.35

 

12/1/2035

 

4,909,413

 

4,987,619

 

California Housing Finance, Revenue Bonds, Ser. A

 

4.25

 

1/15/2035

 

4,403,520

 

5,052,951

 

Total Bonds and Notes
(cost $9,984,118)

 

10,040,570

 
         

Long-Term Municipal Investments - 97.7%

     

California - 96.8%

     

ABAG Finance Authority for Nonprofit Corp., Revenue Bonds, Refunding (Sharp HealthCare Obligated Group) Ser. A

 

5.00

 

8/1/2043

 

13,250,000

 

14,462,375

 

ABAG Finance Authority for Nonprofit Corp., Revenue Bonds, Refunding (Sharp HealthCare Obligated Group) Ser. A

 

6.00

 

8/1/2021

 

5,000,000

a

5,120,550

 

Alameda Corridor Transportation Authority, Revenue Bonds, Refunding, Ser. B

 

5.00

 

10/1/2037

 

1,650,000

 

1,930,434

 

Allan Hancock Joint Community College District, GO, Ser. C

 

5.60

 

8/1/2047

 

11,375,000

b

9,476,512

 

Anaheim Community Facilities District No. 08-1, Special Tax Bonds, Refunding

 

4.00

 

9/1/2046

 

1,900,000

 

2,010,599

 

Anaheim Community Facilities District No. 08-1, Special Tax Bonds, Refunding

 

4.00

 

9/1/2041

 

4,895,000

 

5,198,979

 

California, GO

 

4.00

 

11/1/2035

 

1,000,000

 

1,207,560

 

California, GO, Refunding

 

5.00

 

2/1/2038

 

5,000,000

 

5,208,650

 

California, GO, Refunding

 

5.00

 

8/1/2036

 

7,000,000

 

8,444,940

 

California, GO, Refunding

 

5.25

 

9/1/2032

 

19,500,000

 

19,992,180

 

California, GO, Refunding

 

5.25

 

10/1/2032

 

9,170,000

 

9,440,148

 

California, GO, Refunding

 

5.25

 

2/1/2029

 

13,835,000

 

14,476,529

 

California, GO, Refunding (Insured; Assured Guaranty Municipal Corp.)

 

5.25

 

8/1/2032

 

7,000,000

 

9,687,650

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

          
 

Description

Coupon
Rate (%)

 

Maturity Date

 

Principal Amount ($)

 

Value ($)

 

Long-Term Municipal Investments - 97.7% (continued)

     

California - 96.8% (continued)

     

California County Tobacco Securitization Agency, Revenue Bonds, Refunding

 

5.00

 

6/1/2034

 

5,000,000

 

5,228,850

 

California County Tobacco Securitization Agency, Revenue Bonds, Refunding (Sonoma County Securitization)

 

4.00

 

6/1/2049

 

1,000,000

 

1,147,660

 

California County Tobacco Securitization Agency, Revenue Bonds, Refunding (Sonoma County Securitization)

 

5.00

 

6/1/2049

 

1,000,000

 

1,212,720

 

California County Tobacco Securitization Agency, Revenue Bonds, Refunding, Ser. A

 

4.00

 

6/1/2049

 

1,750,000

 

1,996,505

 

California Educational Facilities Authority, Revenue Bonds (Chapman University)

 

5.00

 

4/1/2040

 

5,000,000

 

5,623,450

 

California Educational Facilities Authority, Revenue Bonds (Chapman University)

 

5.00

 

4/1/2045

 

2,305,000

 

2,573,809

 

California Educational Facilities Authority, Revenue Bonds, Refunding (Loma Linda University) Ser. A

 

5.00

 

4/1/2036

 

3,845,000

 

4,510,339

 

California Educational Facilities Authority, Revenue Bonds, Refunding (Loma Linda University) Ser. A

 

5.00

 

4/1/2037

 

1,500,000

 

1,754,910

 

California Educational Facilities Authority, Revenue Bonds, Refunding (Occidental College)

 

5.00

 

10/1/2045

 

500,000

 

582,165

 

California Educational Facilities Authority, Revenue Bonds, Refunding (Pepperdine University)

 

5.00

 

9/1/2045

 

5,000,000

 

5,809,150

 

California Educational Facilities Authority, Revenue Bonds, Refunding (Pooled College & University Projects) Ser. A

 

5.63

 

7/1/2023

 

55,000

 

58,631

 

California Health Facilities Financing Authority, Revenue Bonds (City of Hope Obligated Group)

 

4.00

 

11/15/2045

 

6,000,000

 

6,775,800

 

California Health Facilities Financing Authority, Revenue Bonds (Rady Children's Hospital Obligated Group)

 

5.25

 

8/15/2041

 

8,500,000

 

8,648,920

 

          
 

Description

Coupon
Rate (%)

 

Maturity Date

 

Principal Amount ($)

 

Value ($)

 

Long-Term Municipal Investments - 97.7% (continued)

     

California - 96.8% (continued)

     

California Health Facilities Financing Authority, Revenue Bonds (Stanford Hospital Clinics Obligated Group) Ser. A

 

5.00

 

8/15/2042

 

1,000,000

 

1,059,110

 

California Health Facilities Financing Authority, Revenue Bonds (Sutter Health Obligated Group) Ser. A

 

5.00

 

11/15/2048

 

3,000,000

 

3,550,710

 

California Health Facilities Financing Authority, Revenue Bonds (Sutter Health Obligated Group) Ser. A

 

5.00

 

11/15/2025

 

1,150,000

a

1,387,245

 

California Health Facilities Financing Authority, Revenue Bonds (Sutter Health Obligated Group) Ser. A

 

5.00

 

11/15/2025

 

750,000

a

904,725

 

California Health Facilities Financing Authority, Revenue Bonds, Refunding (Adventist Health System/West Obligated Group) Ser. A

 

4.00

 

3/1/2039

 

2,665,000

 

2,908,981

 

California Health Facilities Financing Authority, Revenue Bonds, Refunding (Children's Hospital Los Angeles Obligated Group) Ser. A

 

5.00

 

8/15/2047

 

2,000,000

 

2,324,480

 

California Health Facilities Financing Authority, Revenue Bonds, Refunding (CommonSpirit Health Obligated Group) Ser. A

 

4.00

 

4/1/2045

 

3,000,000

 

3,418,740

 

California Health Facilities Financing Authority, Revenue Bonds, Refunding (Providence Health & Services Obligated Group) Ser. A

 

5.00

 

10/1/2030

 

3,500,000

 

4,021,745

 

California Health Facilities Financing Authority, Revenue Bonds, Refunding (Providence Health & Services Obligated Group) Ser. A

 

5.00

 

10/1/2031

 

4,430,000

 

5,085,374

 

California Health Facilities Financing Authority, Revenue Bonds, Refunding (Providence St. Joseph Health Obligated Group) Ser. A

 

5.00

 

7/1/2037

 

7,500,000

 

8,166,300

 

California Health Facilities Financing Authority, Revenue Bonds, Refunding (Stanford Health Care Obligated Group) Ser. A

 

5.00

 

11/15/2037

 

3,360,000

 

4,162,469

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

          
 

Description

Coupon
Rate (%)

 

Maturity Date

 

Principal Amount ($)

 

Value ($)

 

Long-Term Municipal Investments - 97.7% (continued)

     

California - 96.8% (continued)

     

California Health Facilities Financing Authority, Revenue Bonds, Refunding (Sutter Health Obligated Group) Ser. A

 

5.00

 

8/15/2025

 

2,000,000

a

2,391,920

 

California Housing Finance, Revenue Bonds, Cl. A, Ser. 2

 

4.00

 

3/20/2033

 

2,946,871

 

3,309,395

 

California Infrastructure & Economic Development Bank, Revenue Bonds (Equitable School Revolving Fund Obligated Group)

 

5.00

 

11/1/2049

 

1,500,000

 

1,803,120

 

California Infrastructure & Economic Development Bank, Revenue Bonds (Equitable School Revolving Fund Obligated Group)

 

5.00

 

11/1/2039

 

550,000

 

670,956

 

California Infrastructure & Economic Development Bank, Revenue Bonds (Equitable School Revolving Fund Obligated Group)

 

5.00

 

11/1/2044

 

625,000

 

753,494

 

California Infrastructure & Economic Development Bank, Revenue Bonds (Green Bond) (Academy of Motion Pictures Arts & Sciences Obligated Group) Ser. A

 

5.00

 

11/1/2030

 

2,000,000

 

2,660,060

 

California Infrastructure & Economic Development Bank, Revenue Bonds (WFCS Holdings) Ser. A

 

5.00

 

1/1/2055

 

1,000,000

c

1,072,350

 

California Infrastructure & Economic Development Bank, Revenue Bonds, Refunding (Academy of Motion Pictures Arts & Sciences Obligated Group)

 

5.00

 

11/1/2041

 

2,250,000

 

2,493,022

 

California Municipal Finance Authority, Revenue Bonds (Bowles Hall Foundation) Ser. A

 

5.00

 

6/1/2050

 

1,500,000

 

1,610,670

 

California Municipal Finance Authority, Revenue Bonds (California Baptist University) Ser. A

 

5.00

 

11/1/2046

 

2,500,000

c

2,769,550

 

California Municipal Finance Authority, Revenue Bonds (Channing House Project) Ser. B

 

5.00

 

5/15/2047

 

2,500,000

 

2,899,150

 

California Municipal Finance Authority, Revenue Bonds (Insured; Build America Mutual)

 

5.00

 

5/15/2043

 

3,040,000

 

3,711,414

 

California Municipal Finance Authority, Revenue Bonds (Insured; Build America Mutual)

 

5.00

 

5/15/2044

 

1,890,000

 

2,301,680

 

          
 

Description

Coupon
Rate (%)

 

Maturity Date

 

Principal Amount ($)

 

Value ($)

 

Long-Term Municipal Investments - 97.7% (continued)

     

California - 96.8% (continued)

     

California Municipal Finance Authority, Revenue Bonds (LAX Integrated Express Solutions Project)

 

5.00

 

12/31/2033

 

3,800,000

 

4,599,900

 

California Municipal Finance Authority, Revenue Bonds (LAX Integrated Express Solutions Project)

 

5.00

 

12/31/2035

 

1,500,000

 

1,805,955

 

California Municipal Finance Authority, Revenue Bonds (The Palmdale Aerospace Academy Project)

 

5.00

 

7/1/2046

 

2,170,000

c

2,355,513

 

California Municipal Finance Authority, Revenue Bonds (The Palmdale Aerospace Academy Project)

 

5.00

 

7/1/2041

 

1,750,000

c

1,912,138

 

California Municipal Finance Authority, Revenue Bonds (United Airlines Project)

 

4.00

 

7/15/2029

 

3,000,000

 

3,363,480

 

California Municipal Finance Authority, Revenue Bonds, Refunding (Biola University)

 

5.00

 

10/1/2039

 

1,000,000

 

1,171,340

 

California Municipal Finance Authority, Revenue Bonds, Refunding (Community Medical Centers Obligated Group) Ser. A

 

5.00

 

2/1/2037

 

1,000,000

 

1,158,140

 

California Municipal Finance Authority, Revenue Bonds, Refunding (Community Medical Centers Obligated Group) Ser. A

 

5.00

 

2/1/2036

 

1,000,000

 

1,161,190

 

California Municipal Finance Authority, Revenue Bonds, Refunding (Eisenhower Medical Center) Ser. A

 

5.00

 

7/1/2042

 

3,500,000

 

4,064,515

 

California Municipal Finance Authority, Revenue Bonds, Refunding (Eisenhower Medical Center) Ser. A

 

5.00

 

7/1/2037

 

1,000,000

 

1,175,170

 

California Municipal Finance Authority, Revenue Bonds, Refunding (Eisenhower Medical Center) Ser. A

 

5.00

 

7/1/2036

 

1,100,000

 

1,296,064

 

California Municipal Finance Authority, Revenue Bonds, Refunding (Eisenhower Medical Center) Ser. B

 

5.00

 

7/1/2042

 

2,500,000

 

2,903,225

 

California Municipal Finance Authority, Revenue Bonds, Refunding (HumanGood Obligated Group) Ser. A

 

5.00

 

10/1/2044

 

2,000,000

 

2,324,480

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

          
 

Description

Coupon
Rate (%)

 

Maturity Date

 

Principal Amount ($)

 

Value ($)

 

Long-Term Municipal Investments - 97.7% (continued)

     

California - 96.8% (continued)

     

California Municipal Finance Authority, Revenue Bonds, Refunding (Town & Country Manor of the Christian & Missionary Alliance)

 

5.00

 

7/1/2049

 

2,100,000

 

2,511,201

 

California Municipal Finance Authority, Revenue Bonds, Refunding (Town & Country Manor of the Christian & Missionary Alliance)

 

5.00

 

7/1/2034

 

1,720,000

 

2,133,643

 

California Municipal Finance Authority, Revenue Bonds, Refunding (William Jessup University)

 

5.00

 

8/1/2048

 

9,115,000

 

9,814,485

 

California Pollution Control Financing Authority, Revenue Bonds (San Jose Water Company Project)

 

5.10

 

6/1/2040

 

5,500,000

 

5,516,115

 

California Pollution Control Financing Authority, Revenue Bonds (Waste Management Project) Ser. A

 

2.50

 

5/1/2024

 

3,000,000

 

3,186,150

 

California Public Finance Authority, Revenue Bonds, Refunding (Henry Mayo Newhall Hospital)

 

5.00

 

10/15/2047

 

3,000,000

 

3,385,410

 

California Public Works Board, Revenue Bonds (Judicial Council Projects) Ser. D

 

5.00

 

12/1/2031

 

10,000,000

 

10,358,200

 

California School Finance Authority, Revenue Bonds (Alliance for College-Ready Public Schools Obligated Group Projects) Ser. A

 

5.00

 

7/1/2045

 

3,500,000

c

3,911,425

 

California School Finance Authority, Revenue Bonds (Granada Hills Charter High School Obligated Group)

 

5.00

 

7/1/2049

 

1,100,000

c

1,209,692

 

California School Finance Authority, Revenue Bonds (Granada Hills Charter High School Obligated Group)

 

5.00

 

7/1/2043

 

1,255,000

c

1,386,687

 

California School Finance Authority, Revenue Bonds (Green Dot Public Schools California Project) Ser. A

 

5.00

 

8/1/2048

 

1,650,000

c

1,892,682

 

California School Finance Authority, Revenue Bonds (KIPP LA Project) Ser. A

 

5.00

 

7/1/2037

 

590,000

c

694,890

 

California School Finance Authority, Revenue Bonds (KIPP LA Project) Ser. A

 

5.00

 

7/1/2047

 

875,000

c

1,012,786

 

          
 

Description

Coupon
Rate (%)

 

Maturity Date

 

Principal Amount ($)

 

Value ($)

 

Long-Term Municipal Investments - 97.7% (continued)

     

California - 96.8% (continued)

     

California School Finance Authority, Revenue Bonds (Kipp SoCal Public Schools Obligated Group) Ser. A

 

5.00

 

7/1/2049

 

1,650,000

c

1,982,756

 

California School Finance Authority, Revenue Bonds, Refunding (Aspire Public Schools Obligated Group)

 

5.00

 

8/1/2041

 

1,750,000

c

1,965,793

 

California School Finance Authority, Revenue Bonds, Ser. A

 

4.00

 

7/1/2050

 

1,135,000

c

1,274,435

 

California Statewide Communities Development Authority, Revenue Bonds (Loma Linda University Medical Center Obligated Group)

 

5.50

 

12/1/2058

 

1,500,000

c

1,759,905

 

California Statewide Communities Development Authority, Revenue Bonds (Loma Linda University Medical Center Obligated Group) Ser. A

 

5.00

 

12/1/2036

 

5,250,000

c

5,943,892

 

California Statewide Communities Development Authority, Revenue Bonds (Viamonte Senior Living Project)

 

3.00

 

7/1/2025

 

3,700,000

 

3,706,364

 

California Statewide Communities Development Authority, Revenue Bonds, Refunding

 

5.00

 

10/1/2045

 

3,550,000

 

3,898,503

 

California Statewide Communities Development Authority, Revenue Bonds, Refunding (California Baptist University) Ser. A

 

5.00

 

11/1/2032

 

1,855,000

c

2,150,316

 

California Statewide Communities Development Authority, Revenue Bonds, Refunding (California Baptist University) Ser. A

 

5.00

 

11/1/2041

 

700,000

c

794,367

 

California Statewide Communities Development Authority, Revenue Bonds, Refunding (Cottage Health System Obligated Group)

 

5.00

 

11/1/2024

 

4,000,000

a

4,662,200

 

California Statewide Communities Development Authority, Revenue Bonds, Refunding (Front Porch Communities & Services Obligated Group)

 

5.00

 

4/1/2047

 

4,555,000

 

5,098,047

 

California Statewide Communities Development Authority, Revenue Bonds, Refunding (Henry Mayo Newhall Memorial Hospital) (Insured; Assured Guaranty Municipal Corp.) Ser. A

 

5.25

 

10/1/2043

 

2,100,000

 

2,317,749

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

          
 

Description

Coupon
Rate (%)

 

Maturity Date

 

Principal Amount ($)

 

Value ($)

 

Long-Term Municipal Investments - 97.7% (continued)

     

California - 96.8% (continued)

     

California Statewide Communities Development Authority, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.)

 

5.00

 

11/15/2024

 

2,390,000

a

2,799,455

 

California Statewide Communities Development Authority, Revenue Bonds, Refunding (John Muir Health) Ser. A

 

5.00

 

8/15/2041

 

1,200,000

 

1,390,836

 

California University, Revenue Bonds, Refunding, Ser. A

 

5.00

 

11/1/2038

 

5,000,000

 

6,052,900

 

Eastern Municipal Water District Financing Authority, Revenue Bonds, Refunding, Ser. A

 

5.00

 

7/1/2037

 

1,500,000

 

1,971,345

 

Eastern Municipal Water District Financing Authority, Revenue Bonds, Refunding, Ser. A

 

5.00

 

7/1/2036

 

1,725,000

 

2,275,361

 

Eastern Municipal Water District Financing Authority, Revenue Bonds, Refunding, Ser. A

 

5.00

 

7/1/2035

 

825,000

 

1,092,465

 

Escondido Union High School District, GO, Ser. C

 

0.00

 

8/1/2046

 

3,000,000

d

1,380,150

 

Federal Home Loan Mortgage Corp. Multifamily Variable Rate Certificates, Revenue Bonds, Cl. A, Ser. MO50

 

3.05

 

6/15/2037

 

6,250,000

c

6,781,687

 

Federal Home Loan Mortgage Corp. Multifamily Variable Rate Certificates, Revenue Bonds, Ser. M049

 

3.05

 

4/15/2034

 

3,475,000

 

3,721,760

 

Foothill-Eastern Transportation Corridor Agency, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.)

 

0.00

 

1/15/2035

 

10,000,000

d

7,116,400

 

Foothill-Eastern Transportation Corridor Agency, Revenue Bonds, Ser. A

 

4.00

 

1/15/2046

 

1,500,000

 

1,709,640

 

Fresno Joint Powers Financing Authority, Revenue Bonds, Refunding (Master Lease Project) (Insured; Assured Guaranty Municipal Corp.) Ser. A

 

5.00

 

4/1/2037

 

850,000

 

1,000,833

 

Fresno Joint Powers Financing Authority, Revenue Bonds, Refunding (Master Lease Project) (Insured; Assured Guaranty Municipal Corp.) Ser. A

 

5.00

 

4/1/2035

 

1,000,000

 

1,183,730

 

Glendale Community College District, GO, Ser. B

 

4.00

 

8/1/2050

 

7,750,000

 

8,889,947

 

          
 

Description

Coupon
Rate (%)

 

Maturity Date

 

Principal Amount ($)

 

Value ($)

 

Long-Term Municipal Investments - 97.7% (continued)

     

California - 96.8% (continued)

     

Golden State Tobacco Securitization Corp., Revenue Bonds, Refunding, Ser. A1

 

5.00

 

6/1/2047

 

4,500,000

 

4,655,160

 

Golden State Tobacco Securitization Corp., Revenue Bonds, Refunding, Ser. A1

 

5.00

 

6/1/2029

 

8,000,000

 

9,738,720

 

Golden State Tobacco Securitization Corp., Revenue Bonds, Refunding, Ser. A1

 

5.00

 

6/1/2026

 

2,500,000

 

3,024,575

 

Grossmont Union High School District, GO (Insured; Assured Guaranty Municipal Corp.)

 

0.00

 

8/1/2026

 

3,265,000

d

3,100,705

 

Grossmont Union High School District, GO (Insured; Assured Guaranty Municipal Corp.)

 

0.00

 

8/1/2023

 

4,850,000

d

4,803,440

 

Grossmont Union High School District, GO (Insured; Assured Guaranty Municipal Corp.)

 

0.00

 

8/1/2022

 

3,605,000

d

3,591,734

 

Hesperia Community Redevelopment Agency, Tax Allocation Bonds (Insured; Assured Guaranty Municipal Corp.) Ser. A

 

5.00

 

9/1/2035

 

6,835,000

 

8,461,252

 

Hesperia Community Redevelopment Agency, Tax Allocation Bonds (Insured; Assured Guaranty Municipal Corp.) Ser. A

 

5.00

 

9/1/2034

 

3,255,000

 

4,040,529

 

Imperial Irrigation District Electric System, Revenue Bonds, Refunding, Ser. C

 

5.00

 

11/1/2038

 

1,800,000

 

2,135,952

 

Imperial Irrigation District Electric System, Revenue Bonds, Refunding, Ser. C

 

5.00

 

11/1/2037

 

2,500,000

 

2,972,100

 

Irvine, Special Tax Bonds (Community Facilities District No. 2013-3)

 

5.00

 

9/1/2048

 

4,250,000

 

4,880,190

 

Irvine, Special Tax Bonds (Community Facilities District No. 2013-3)

 

5.00

 

9/1/2043

 

2,500,000

 

2,885,125

 

Irvine, Special Tax Bonds (Community Facilities District No. 2013-3)

 

5.00

 

9/1/2044

 

2,500,000

 

2,773,025

 

Irvine Unified School District, Special Tax Bonds (Community Facilities District No. 09-1) (Insured; Build America Mutual) Ser. A

 

4.00

 

9/1/2044

 

1,115,000

 

1,259,995

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

          
 

Description

Coupon
Rate (%)

 

Maturity Date

 

Principal Amount ($)

 

Value ($)

 

Long-Term Municipal Investments - 97.7% (continued)

     

California - 96.8% (continued)

     

Irvine Unified School District, Special Tax Bonds (Community Facilities District No. 09-1) Ser. A

 

5.00

 

9/1/2042

 

400,000

 

471,260

 

Irvine Unified School District, Special Tax Bonds (Community Facilities District No. 09-1) Ser. B

 

5.00

 

9/1/2042

 

1,000,000

 

1,178,150

 

Irvine Unified School District, Special Tax Bonds (Community Facilities District No. 09-1) Ser. C

 

5.00

 

9/1/2042

 

1,000,000

 

1,178,150

 

Jefferson Union High School District, COP (Teacher & Staff Housing Project) (Insured; Build America Mutual)

 

4.00

 

8/1/2055

 

7,000,000

 

7,787,780

 

Jurupa Public Financing Authority, Special Tax Bonds, Refunding, Ser. A

 

5.00

 

9/1/2042

 

3,420,000

 

3,826,741

 

Lancaster Redevelopment Agency, Tax Allocation Bonds, Refunding (Comb Redevelopment Project Areas) (Insured; Assured Guaranty Municipal Corp.)

 

5.00

 

8/1/2033

 

1,200,000

 

1,395,600

 

Lodi Public Financing Authority, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.)

 

5.00

 

9/1/2030

 

1,275,000

 

1,608,349

 

Long Beach Harbor, Revenue Bonds, Ser. D

 

5.00

 

5/15/2042

 

3,500,000

 

3,954,685

 

Los Angeles Community Facilities District, Special Tax Bonds, Refunding

 

5.00

 

9/1/2030

 

1,095,000

 

1,249,833

 

Los Angeles Community Facilities District, Special Tax Bonds, Refunding

 

5.00

 

9/1/2029

 

1,170,000

 

1,337,497

 

Los Angeles County Metropolitan Transportation Authority, Revenue Bonds (Green Bond) Ser. A

 

4.00

 

6/1/2036

 

5,000,000

 

6,030,000

 

Los Angeles County Public Works Financing Authority, Revenue Bonds, Refunding, Ser. D

 

5.00

 

12/1/2045

 

4,000,000

 

4,655,280

 

Los Angeles County Regional Financing Authority, Revenue Bonds (MonteCedro Project) Ser. A

 

5.00

 

11/15/2044

 

2,000,000

 

2,117,720

 

Los Angeles Department of Airports, Revenue Bonds (Los Angeles International Airport) Ser. B

 

5.00

 

5/15/2038

 

3,500,000

 

3,812,515

 

Los Angeles Department of Airports, Revenue Bonds, Refunding (Los Angeles International Airport)

 

5.00

 

5/15/2032

 

16,985,000

 

21,226,494

 

          
 

Description

Coupon
Rate (%)

 

Maturity Date

 

Principal Amount ($)

 

Value ($)

 

Long-Term Municipal Investments - 97.7% (continued)

     

California - 96.8% (continued)

     

Los Angeles Department of Airports, Revenue Bonds, Refunding, Ser. A

 

5.00

 

5/15/2027

 

2,370,000

 

2,934,652

 

Los Angeles Department of Airports, Revenue Bonds, Refunding, Ser. A

 

5.00

 

5/15/2028

 

4,215,000

 

5,313,850

 

Los Angeles Department of Airports, Revenue Bonds, Refunding, Ser. C

 

5.00

 

5/15/2038

 

4,500,000

 

5,181,660

 

Los Angeles Department of Water, Revenue Bonds, Refunding, Ser. A

 

5.00

 

7/1/2040

 

3,000,000

 

3,819,540

 

Los Angeles Department of Water & Power, Revenue Bonds, Refunding, Ser. B

 

5.00

 

7/1/2045

 

4,000,000

 

5,050,680

 

Los Angeles Department of Water & Power, Revenue Bonds, Refunding, Ser. B

 

5.00

 

7/1/2050

 

5,000,000

 

6,288,100

 

Metropolitan Water District of Southern California, Revenue Bonds, Refunding, Ser. A

 

5.00

 

10/1/2034

 

5,000,000

 

5,249,000

 

Metropolitan Water District of Southern California, Revenue Bonds, Ser. A

 

5.00

 

7/1/2040

 

2,000,000

 

2,333,740

 

Mountain View Los Altos Union High School District, GO, Ser. B

 

4.00

 

8/1/2025

 

1,450,000

 

1,673,576

 

Norman Y. Mineta San Jose International Airport, Revenue Bonds, Refunding, Ser. A

 

5.00

 

3/1/2029

 

1,795,000

 

2,169,706

 

Norman Y. Mineta San Jose International Airport, Revenue Bonds, Refunding, Ser. B

 

5.00

 

3/1/2042

 

2,550,000

 

3,018,078

 

North Natomas Community Facilities District No. 4, Special Tax Bonds, Refunding, Ser. E

 

5.25

 

9/1/2026

 

2,760,000

 

3,068,458

 

Northern California Power Agency, Revenue Bonds, Refunding (Insured; American Municipal Bond Assurance Corp.)

 

7.50

 

7/1/2021

 

180,000

a

184,383

 

Northern California Transmission Agency, Revenue Bonds, Refunding (California-Oregon Transmission Project) Ser. A

 

5.00

 

5/1/2038

 

1,565,000

 

1,837,905

 

Northern California Transmission Agency, Revenue Bonds, Refunding (California-Oregon Transmission Project) Ser. A

 

5.00

 

5/1/2039

 

1,500,000

 

1,758,480

 

Oakland Redevelopment Agency, Tax Allocation Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. TE

 

5.00

 

9/1/2036

 

3,000,000

 

3,492,270

 

Oakland Unified School District, GO, Ser. A

 

5.00

 

8/1/2040

 

3,500,000

 

4,021,500

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

          
 

Description

Coupon
Rate (%)

 

Maturity Date

 

Principal Amount ($)

 

Value ($)

 

Long-Term Municipal Investments - 97.7% (continued)

     

California - 96.8% (continued)

     

Orange County Community Facilities District, Special Tax Bonds, Ser. A

 

5.00

 

8/15/2041

 

6,000,000

 

6,820,920

 

Orange County Community Facilities District, Special Tax Bonds, Ser. A

 

5.00

 

8/15/2047

 

1,000,000

 

1,162,990

 

Orange County Community Facilities District, Special Tax Bonds, Ser. A

 

5.00

 

8/15/2042

 

3,000,000

 

3,519,210

 

Palomar Community College District, GO, Ser. B

 

6.38

 

8/1/2045

 

16,615,000

b

17,896,349

 

Palomar Health, Revenue Bonds, Refunding

 

5.00

 

11/1/2026

 

1,845,000

 

2,187,063

 

Palomar Health, Revenue Bonds, Refunding (Palomar Health & Arch Health Partners Obligated Group)

 

5.00

 

11/1/2042

 

5,000,000

 

5,650,700

 

Peralta Community College District, GO, Refunding, Ser. A

 

4.00

 

8/1/2039

 

5,000,000

 

5,463,600

 

Perris Union High School District, GO (Insured; Assured Guaranty Municipal Corp.) Ser. A

 

4.00

 

9/1/2036

 

1,850,000

 

2,192,158

 

Perris Union High School District, GO (Insured; Assured Guaranty Municipal Corp.) Ser. A

 

4.00

 

9/1/2034

 

1,310,000

 

1,562,909

 

Perris Union High School District, GO (Insured; Assured Guaranty Municipal Corp.) Ser. A

 

4.00

 

9/1/2035

 

1,740,000

 

2,069,434

 

Pittsburg Redevelopment Agency, Tax Allocation Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. A

 

5.00

 

9/1/2028

 

3,000,000

 

3,595,170

 

Pomona Redevelopment Agency, Tax Allocation Bonds, Refunding, Ser. Y

 

5.50

 

5/1/2032

 

3,000,000

 

3,736,710

 

Pomona Unified School District, GO (Insured; Build America Mutual) Ser. F

 

5.00

 

8/1/2039

 

2,000,000

 

2,252,060

 

Port of Los Angeles, Revenue Bonds, Refunding, Ser. B

 

5.00

 

8/1/2039

 

2,050,000

 

2,300,633

 

Sacramento County Airport System, Revenue Bonds, Refunding, Ser. A

 

5.00

 

7/1/2041

 

3,250,000

 

3,825,412

 

Sacramento County Airport System, Revenue Bonds, Refunding, Ser. B

 

5.00

 

7/1/2036

 

1,375,000

 

1,678,078

 

Sacramento County Airport System, Revenue Bonds, Refunding, Ser. B

 

5.00

 

7/1/2035

 

1,000,000

 

1,224,270

 

Sacramento County Airport System, Revenue Bonds, Refunding, Ser. C

 

5.00

 

7/1/2028

 

5,615,000

 

7,038,796

 

Sacramento County Airport System, Revenue Bonds, Refunding, Ser. C

 

5.00

 

7/1/2033

 

6,120,000

 

7,426,742

 

          
 

Description

Coupon
Rate (%)

 

Maturity Date

 

Principal Amount ($)

 

Value ($)

 

Long-Term Municipal Investments - 97.7% (continued)

     

California - 96.8% (continued)

     

Sacramento Municipal Utility District, Revenue Bonds, Refunding, Ser. X

 

5.00

 

8/15/2028

 

1,845,000

 

1,884,538

 

San Diego Association of Governments, Revenue Bonds, Ser. A

 

5.00

 

7/1/2042

 

6,000,000

 

7,025,640

 

San Diego Association of Governments, Revenue Bonds, Ser. A

 

5.00

 

7/1/2038

 

2,000,000

 

2,375,160

 

San Diego County Regional Airport Authority, Revenue Bonds, Refunding

 

5.00

 

7/1/2028

 

2,000,000

 

2,545,540

 

San Diego County Regional Airport Authority, Revenue Bonds, Refunding, Ser. A

 

5.00

 

7/1/2042

 

3,000,000

 

3,587,430

 

San Diego County Regional Airport Authority, Revenue Bonds, Refunding, Ser. B

 

4.00

 

7/1/2044

 

1,000,000

 

1,112,250

 

San Diego County Regional Transportation Commission, Revenue Bonds, Refunding, Ser. A

 

5.00

 

4/1/2024

 

5,000,000

a

5,716,700

 

San Francisco Bay Area Rapid Transit District, Revenue Bonds, Ser. A

 

4.00

 

7/1/2037

 

2,500,000

 

2,896,350

 

San Francisco City & County Airport Commission, Revenue Bonds, Refunding

 

5.00

 

5/1/2028

 

2,000,000

 

2,110,020

 

San Francisco City & County Airport Commission, Revenue Bonds, Refunding

 

5.00

 

5/1/2029

 

2,000,000

 

2,109,780

 

San Francisco City & County Airport Commission, Revenue Bonds, Refunding (SFO Fuel Co.) Ser. A

 

5.00

 

1/1/2047

 

4,000,000

 

4,758,000

 

San Francisco City & County Airport Commission, Revenue Bonds, Refunding (SFO Fuel Co.) Ser. A

 

5.00

 

1/1/2027

 

2,000,000

 

2,456,260

 

San Francisco City & County Airport Commission, Revenue Bonds, Refunding, Ser. A

 

5.00

 

5/1/2032

 

1,000,000

 

1,192,490

 

San Francisco City & County Airport Commission, Revenue Bonds, Refunding, Ser. A

 

5.00

 

5/1/2029

 

1,000,000

 

1,203,900

 

San Francisco City & County Airport Commission, Revenue Bonds, Refunding, Ser. D

 

5.00

 

5/1/2048

 

5,000,000

 

5,924,450

 

San Francisco City & County Airport Commission, Revenue Bonds, Refunding, Ser. E

 

5.00

 

5/1/2040

 

9,905,000

 

12,075,483

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

          
 

Description

Coupon
Rate (%)

 

Maturity Date

 

Principal Amount ($)

 

Value ($)

 

Long-Term Municipal Investments - 97.7% (continued)

     

California - 96.8% (continued)

     

San Francisco City & County Redevelopment Agency, Special Tax Bonds, Ser. B

 

0.00

 

8/1/2021

 

500,000

d

501,180

 

San Francisco City & County Redevelopment Agency, Tax Allocation Bonds (Mission Bay South Redevelopment Project) (Insured; National Public Finance Guarantee Corp.) Ser. B

 

5.00

 

8/1/2043

 

1,100,000

 

1,251,833

 

San Francisco City & County Redevelopment Agency, Tax Allocation Bonds, Refunding (Mission Bay North Redevelopment Project) Ser. A

 

5.00

 

8/1/2036

 

1,555,000

 

1,807,656

 

San Francisco City & County Redevelopment Agency, Tax Allocation Bonds, Refunding (Mission Bay South Redevelopment Project) (Insured; National Public Finance Guarantee Corp.) Ser. C

 

5.00

 

8/1/2041

 

1,750,000

 

1,998,535

 

San Joaquin Hills Transportation Corridor Agency, Revenue Bonds, Refunding, Ser. A

 

5.00

 

1/15/2050

 

5,000,000

 

5,539,800

 

San Mateo Foster City Public Financing Authority, Revenue Bonds

 

4.00

 

8/1/2039

 

1,500,000

 

1,767,480

 

San Mateo Foster City Public Financing Authority, Revenue Bonds

 

4.00

 

8/1/2037

 

2,200,000

 

2,606,560

 

Santa Margarita Water District, Special Tax Bonds (Community Facilities District No. 2013-1)

 

5.63

 

9/1/2043

 

6,720,000

 

7,295,434

 

Santa Margarita Water District, Special Tax Bonds, Refunding (Community Facilities District No. 99-1) Ser. B

 

5.00

 

9/1/2027

 

1,945,000

 

2,201,954

 

South Orange County Public Financing Authority, Special Tax Bonds, Refunding, Ser. A

 

5.00

 

8/15/2030

 

1,000,000

 

1,039,090

 

South Orange County Public Financing Authority, Special Tax Bonds, Refunding, Ser. A

 

5.00

 

8/15/2029

 

1,500,000

 

1,559,415

 

Stockton Unified School District, GO (Insured; Assured Guaranty Municipal Corp.) Ser. A

 

5.00

 

8/1/2038

 

2,500,000

 

2,822,250

 

Stockton Unified School District, GO, Refunding (Insured; Assured Guaranty Municipal Corp.)

 

5.00

 

7/1/2025

 

1,620,000

 

1,715,758

 

          
 

Description

Coupon
Rate (%)

 

Maturity Date

 

Principal Amount ($)

 

Value ($)

 

Long-Term Municipal Investments - 97.7% (continued)

     

California - 96.8% (continued)

     

Stockton Unified School District, GO, Refunding (Insured; Assured Guaranty Municipal Corp.)

 

5.00

 

7/1/2026

 

1,115,000

 

1,180,752

 

Tender Option Bond Trust Receipts (Series 2016-XM0375), (Riverside County Transportation Commission, Revenue Bonds, Refunding) Recourse, Underlying Coupon Rate (%) 5.25

 

12.77

 

6/1/2039

 

3,750,000

c,e,f

4,581,600

 

Tender Option Bond Trust Receipts (Series 2016-XM0379), (Los Angeles Department of Water & Power, Revenue Bonds, Refunding) Non-recourse, Underlying Coupon Rate (%) 5.00

 

23.48

 

8/19/2021

 

3,000,000

c,e,f

3,711,690

 

Tender Option Bond Trust Receipts (Series 2019-XF0761), (Los Angeles Department of Harbors, Revenue Bonds, Refunding (Green Bond)) Recourse, Underlying Coupon Rate (%) 4.00

 

18.82

 

8/1/2039

 

2,500,000

c,e,f

3,740,975

 

Tender Option Bond Trust Receipts (Series 2019-XF0762), (California Health Facilities Financing Authority, Revenue Bonds, Refunding (Sutter Health)) Recourse, Underlying Coupon Rate (%) 5.00

 

23.98

 

11/15/2046

 

3,070,000

c,e,f

5,426,164

 

Tobacco Securitization Authority of Northern California, Revenue Bonds, Refunding (San Diego County Tobacco Asset Securitization)

 

5.00

 

6/1/2048

 

5,750,000

 

6,999,015

 

Tulare Local Health Care District, GO, Refunding (Insured; Build America Mutual)

 

4.00

 

8/1/2035

 

650,000

 

763,887

 

Tulare Local Health Care District, GO, Refunding (Insured; Build America Mutual)

 

4.00

 

8/1/2039

 

1,900,000

 

2,202,499

 

Tulare Local Health Care District, GO, Refunding (Insured; Build America Mutual)

 

4.00

 

8/1/2032

 

695,000

 

827,856

 

Tulare Local Health Care District, GO, Refunding (Insured; Build America Mutual)

 

4.00

 

8/1/2033

 

1,500,000

 

1,778,295

 

University of California, Revenue Bonds, Refunding (Limited Project) Ser. G

 

5.00

 

5/15/2042

 

10,000,000

 

10,531,900

 

University of California, Revenue Bonds, Refunding, Ser. BE

 

5.00

 

5/15/2027

 

1,160,000

 

1,460,997

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

          
 

Description

Coupon
Rate (%)

 

Maturity Date

 

Principal Amount ($)

 

Value ($)

 

Long-Term Municipal Investments - 97.7% (continued)

     

California - 96.8% (continued)

     

University of California, Revenue Bonds, Refunding, Ser. BH

 

4.00

 

5/15/2040

 

3,000,000

 

3,611,310

 

University of California, Revenue Bonds, Ser. AM

 

5.25

 

5/15/2030

 

3,000,000

 

3,446,790

 

University of California Regents Medical Center, Revenue Bonds, Refunding, Ser. J

 

5.00

 

5/15/2043

 

10,000,000

 

10,787,400

 

University of California Regents Medical Center, Revenue Bonds, Refunding, Ser. L

 

4.00

 

5/15/2044

 

3,000,000

 

3,340,020

 

Walnut Energy Center Authority, Revenue Bonds, Refunding

 

5.00

 

1/1/2027

 

2,150,000

 

2,468,501

 

Yosemite Community College District, GO, Ser. D

 

0.00

 

8/1/2031

 

5,545,000

d

4,545,181

 
 

798,879,093

 

U.S. Related - .9%

     

Puerto Rico Highway & Transportation Authority, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. CC

 

5.25

 

7/1/2034

 

5,905,000

 

7,261,083

 

Total Long-Term Municipal Investments
(cost $751,963,543)

 

806,140,176

 

Total Investments (cost $761,947,661)

 

98.9%

816,180,746

 

Cash and Receivables (Net)

 

1.1%

8,990,014

 

Net Assets

 

100.0%

825,170,760

 

GO—General Obligation

a These securities are prerefunded; the date shown represents the prerefunded date. Bonds which are prerefunded are collateralized by U.S. Government securities which are held in escrow and are used to pay principal and interest on the municipal issue and to retire the bonds in full at the earliest refunding date.

b Zero coupon until a specified date at which time the stated coupon rate becomes effective until maturity.

c Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At February 28, 2021, these securities were valued at $58,331,293 or 7.07% of net assets.

d Security issued with a zero coupon. Income is recognized through the accretion of discount.

e The Variable Rate shall be determined by the Remarketing Agent in its sole discretion based on prevailing market conditions and may, but need not, be established by reference to one or more financial indices.

f Collateral for floating rate borrowings. The coupon rate given represents the current interest rate for the inverse floating rate security.

STATEMENT OF INVESTMENTS
BNY Mellon California AMT-Free Municipal Bond Fund

February 28, 2021 (Unaudited)

The following is a summary of the inputs used as of February 28, 2021 in valuing the fund’s investments:

     
 

Level 1 - Unadjusted Quoted Prices

Level 2 - Other Significant Observable Inputs

Level 3 - Significant Unobservable Inputs

Total

Assets ($)

 

 

 

 

Investments in Securities: †

    

Collateralized Municipal-Backed Securities

-

10,040,570

-

10,040,570

Municipal Securities

-

806,140,176

-

806,140,176

† See Statement of Investments for additional detailed categorizations, if any.

The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund’s financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.

Various inputs are used in determining the value of the fund’s investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:

Level 1—unadjusted quoted prices in active markets for identical investments.

Level 2—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

Level 3—significant unobservable inputs (including the fund’s own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund’s investments are as follows:

Investments in securities are valued each business day by an independent pricing service (the “Service”) approved by the fund's Board Members (the “Board”). Investments for which quoted bid prices are readily available and are representative of the bid side of the market in the judgment of the Service are valued at the mean between the quoted bid prices (as obtained by the Service from dealers in such securities) and asked prices (as

calculated by the Service based upon its evaluation of the market for such securities). Debt investments (which constitute a majority of the portfolio securities) are carried at fair value as determined by the Service, based on methods which include consideration of the following: yields or prices of municipal securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions. All of the preceding securities are generally categorized within Level 2 of the fair value hierarchy.

The Service is engaged under the general oversight of the Board.

When market quotations or official closing prices are not readily available, or are determined not to accurately reflect fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the fund calculates its net asset value, the fund may value these investments at fair value as determined in accordance with the procedures approved by the Board. Certain factors may be considered when fair valuing investments such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.

For securities where observable inputs are limited, assumptions about market activity and risk are used and such securities are generally categorized within Level 3 of the fair value hierarchy.

Inverse Floater Securities: The fund participates in secondary inverse floater structures in which fixed-rate, tax-exempt municipal bonds are transferred to a trust (the “Inverse Floater Trust”). The Inverse Floater Trust typically issues two variable rate securities that are collateralized by the cash flows of the fixed-rate, tax-exempt municipal bonds. One of these variable rate securities pays interest based on a short-term floating rate set by a remarketing agent at predetermined intervals (“Trust Certificates”). A residual interest tax-exempt security is also created by the Inverse Floater Trust, which is transferred to the fund, and is paid interest based on the remaining cash flows of the Inverse Floater Trust, after payment of interest on the other securities and various expenses of the Inverse Floater Trust. An Inverse Floater Trust may be collapsed without the consent of the fund due to certain termination events such as bankruptcy, default or other credit event.

The fund accounts for the transfer of bonds to the Inverse Floater Trust as secured borrowings, with the securities transferred remaining in the fund’s investments, and the Trust Certificates reflected as fund liabilities in the Statement of Assets and Liabilities.

The fund may invest in inverse floater securities on either a non-recourse or recourse basis. These securities are typically supported by a liquidity facility provided by a bank or other financial institution (the “Liquidity Provider”) that allows the holders of the Trust Certificates to tender their certificates in exchange for payment from the Liquidity

Provider of par plus accrued interest on any business day prior to a termination event. When the fund invests in inverse floater securities on a non-recourse basis, the Liquidity Provider is required to make a payment under the liquidity facility due to a termination event to the holders of the Trust Certificates. When this occurs, the Liquidity Provider typically liquidates all or a portion of the municipal securities held in the Inverse Floater Trust. A liquidation shortfall occurs if the Trust Certificates exceed the proceeds of the sale of the bonds in the Inverse Floater Trust (“Liquidation Shortfall”). When a fund invests in inverse floater securities on a recourse basis, the fund typically enters into a reimbursement agreement with the Liquidity Provider where the fund is required to repay the Liquidity Provider the amount of any Liquidation Shortfall. As a result, a fund investing in a recourse inverse floater security bears the risk of loss with respect to any Liquidation Shortfall.

At February 28, 2021, accumulated net unrealized appreciation on investments was $54,233,085, consisting of $55,156,843 gross unrealized appreciation and $923,758 gross unrealized depreciation.

At February 28, 2021, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Statement of Investments).

Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.