Annual Report | October 31, 2016

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

124

Long-Term Tax-Exempt Fund

233

High-Yield Tax-Exempt Fund

269

About Your Fund’s Expenses

311

Glossary

313

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 12 months ended October 31, 2016, the returns for the five tax-exempt bond funds discussed in this report ranged from 0.64% for Investor Shares of the Short-Term Fund to 6.26% for Admiral Shares of the High-Yield Fund. All five funds outpaced their benchmark indexes and peer groups. • With investors continuing to reach for yield through much of the fiscal year, the funds added value by having higher weightings than their benchmarks in municipal securities rated A and BBB and in sectors where credit spreads tend to be wider. • Security selection and an overweight allocation to premium callable bonds were positives for the funds. Overweighting securities at the long end of the yield curve in the longer funds also worked out well. • For the decade ended October 31, 2016, the funds’ returns ranged from close to 2% to almost 5%. The funds’ returns were higher than their peer-group averages but mixed compared with results for their benchmark indexes.

Total Returns: Fiscal Year Ended October 31, 2016 30-Day SEC Yield

TaxableEquivalent Yield1

Income Returns

Capital Returns

Total Returns

Investor Shares

0.88%

1.55%

0.83%

-0.19%

0.64%

Admiral™ Shares2

1.00

1.77

0.93

-0.19

Vanguard Short-Term Tax-Exempt Fund 0.74

Bloomberg Barclays 1 Year Municipal Bond Index

0.40

1–2 Year Municipal Funds Average 3

0.25

Vanguard Limited-Term Tax-Exempt Fund Investor Shares

1.08%

1.91%

1.49%

-0.18%

1.31%

Admiral Shares2

1.20

2.12

1.59

-0.18

1.41

Bloomberg Barclays 1–5 Year Municipal Bond Index

1.09

1–5 Year Municipal Funds Average 3

0.94

Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares

1.50%

2.65%

2.78%

0.85%

3.63%

Admiral Shares2

1.62

2.86

2.88

0.85

3.73

Bloomberg Barclays 1–15 Year Municipal Bond Index

3.10

Intermediate Municipal Funds Average 3

3.32

Vanguard Long-Term Tax-Exempt Fund Investor Shares

1.99%

3.52%

3.62%

1.77%

5.39%

Admiral Shares2

2.11

3.73

3.73

1.77

5.50

Bloomberg Barclays Municipal Bond Index

4.06

General & Insured Municipal Debt Funds Average 3

4.34

Vanguard High-Yield Tax-Exempt Fund Investor Shares

2.49%

4.40%

3.74%

2.41%

6.15%

Admiral Shares2

2.61

4.61

3.85

2.41

6.26

Bloomberg Barclays Municipal Bond Index

4.06

General & Insured Municipal Debt Funds Average 3

4.34

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

Total Returns: Ten Years Ended October 31, 2016 Average Annual Return Short-Term Tax-Exempt Fund Investor Shares

1.72%

Bloomberg Barclays 1 Year Municipal Bond Index

1.89

1–2 Year Municipal Funds Average1

0.46

Limited-Term Tax-Exempt Fund Investor Shares

2.55%

Bloomberg Barclays 1–5 Year Municipal Bond Index

3.02

1–5 Year Municipal Funds Average1

1.89

Intermediate-Term Tax-Exempt Fund Investor Shares

4.20%

Bloomberg Barclays 1–15 Year Municipal Bond Index

4.28

Intermediate Municipal Funds Average1

3.55

Long-Term Tax-Exempt Fund Investor Shares

4.67%

Bloomberg Barclays Municipal Bond Index

4.57

General & Insured Municipal Debt Funds Average1

3.92

High-Yield Tax-Exempt Fund Investor Shares

4.85%

Bloomberg Barclays Municipal Bond Index

4.57

General & Insured Municipal Debt Funds Average1

3.92

1 Derived from data provided by Lipper, a Thomson Reuters Company. The figures shown represent past performance, which is not a guarantee of future results. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent monthend, 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.

Expense Ratios1 Your Fund Compared With Its Peer Group Investor Shares

Admiral Shares

Peer Group Average2

Short-Term Tax-Exempt Fund

0.20%

0.12%

0.60%

Limited-Term Tax-Exempt Fund

0.20

0.12

0.69

Intermediate-Term Tax-Exempt Fund

0.20

0.12

0.82

Long-Term Tax-Exempt Fund

0.20

0.12

0.94

High-Yield Tax-Exempt Fund

0.20

0.12

0.94

1 The fund expense ratios shown are from the prospectus dated February 26, 2016, and represent estimated costs for the current fiscal year. For the fiscal year ended October 31, 2016, the funds’ 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 2015.

2

Chairman’s Perspective Dear Shareholder, Over the three years ended August 31, 2016, investors poured more than $1 trillion into index funds. Indexing now accounts for nearly a third of all mutual fund assets—more than double what it did a decade ago and eight times its share two decades ago.1

Bill McNabb Chairman and Chief Executive Officer

By contrast, active management’s commercial struggles have reflected its disappointing investment performance. Over the decade ended December 31, 2015, 82% of actively managed stock funds and 81% of active bond funds have either underperformed their benchmarks or shut down. This subpar performance has fueled the explosion of asset growth in indexing among individual, retirement, and nonprofit investors. So what might the trend mean for the future of actively managed funds? Our research and experience indicate that active management can survive—and even succeed—but only if it’s offered at much lower expense.

High costs, which limit a manager’s ability to deliver benchmark-beating returns to clients, are the biggest reason why active has lagged. Industrywide as of December 31, 2015, the average expense ratio for all active stock funds is 1.14%, compared with 0.76% for stock index funds. And the expense advantage is even wider for bonds; the average expense ratio for an active bond fund is 0.93%, compared with 0.43% for bond index funds. But even these big differences understate the real gap. These days, it’s not hard to find an index fund that charges maybe 0.05% or 0.10%. So even if you have identified active managers who are skilled at selecting stocks and bonds, to match the return of a comparable (much cheaper) index fund would require significant outperformance. Think about it. Any fund that charges 1.00% in expenses—not even the high end of the range—will find it extraordinarily difficult to overcome the index fund’s head start. Active management also has taken a hit from a regulatory environment that has been favorable to low-cost strategies. The U.S. Department of Labor several

Market Barometer Average Annual Total Returns Periods Ended October 31, 2016 One Year

Three Years

Five Years

Stocks Russell 1000 Index (Large-caps)

4.26%

8.48%

13.51%

Russell 2000 Index (Small-caps)

4.11

4.12

11.51

Russell 3000 Index (Broad U.S. market)

4.24

8.13

13.35

FTSE All-World ex US Index (International)

0.64

-0.94

4.09

4.37%

3.48%

2.90%

Bonds Bloomberg Barclays U.S. Aggregate Bond Index (Broad taxable market) Bloomberg Barclays Municipal Bond Index (Broad tax-exempt market)

4.06

4.89

4.34

Citigroup Three-Month U.S. Treasury Bill Index

0.22

0.07

0.07

1.64%

1.15%

1.32%

CPI Consumer Price Index

1 Sources: Wall Street Journal; Morningstar, Inc.; and Investment Company Institute, 2016. 3

years ago mandated greater disclosure of retirement plan fees. And its new fiduciary rule, which is set to take effect in April, requires financial advisors to demonstrate that their recommendations are aligned with their clients’ best interest. Both changes encourage the use of lower-cost investments, including index funds.

The future of active management In light of all this, people have been asking me whether active management is “dead.” My response is both yes and no. High-cost active management is dead, and rightly so. It has never been a winning proposition for investors. Low-cost active funds, though, can potentially play an important role for investors who seek to outperform the market. Paying less for your funds is the only sure-fire way to improve your odds of achieving success in active management. But even if you have found an active manager with low costs, the odds of outperforming the market are still long. You have to be able to identify talented stock and bond portfolio managers with long time horizons and clear investment

strategies. Look for managers with consistent track records and the discipline to stick closely to their investment strategy.

Know what you own and why Despite the well-deserved reputation of indexing and the challenges for active managers, there’s still a place for traditional active strategies that are lowcost, diversified, and highly disciplined, and are run by talented managers who focus on the long term. Vanguard has always applied these principles to our active strategies, and investors have benefited as a majority of our active funds outperformed their benchmarks and bested their peers’ average annual return over the ten years ended September 30, 2016. But it’s crucial for investors to be patient. Even active managers with the best track records frequently underperform their benchmarks when their investment styles are out of favor. Such periods, though temporary, can persist. So it’s important when entrusting your assets to an active strategy to be in it for the long haul.

Worried about the election’s impact on your portfolio?

These findings hold true regardless of the market’s initial reaction. Whether there’s a swoon or bounce immediately after an election, investors shouldn’t extrapolate that performance to the long term. As you can see in the accompanying chart, data going back to 1853 show that stock market returns are virtually identical no matter which party controls the White House. Although headlines out of Washington at any given time may still cause concern, investors

shouldn’t overreact to short-term events. Instead, it’s best to maintain a balanced and diversified portfolio and stay focused on your long-term goals. Average annual stock market returns based on party control of the White House (1853–2015) Year-end stock market returns (nominal)

The 2016 presidential election season was one of the most intense and unpredictable in U.S. history. In its aftermath, investors may be left with lingering questions about what the outcome will mean for their portfolios. The answer, based on Vanguard research into decades of historical data, is that presidential elections typically have no long-term effect on market performance.

11%

0 Democrat

Republican

Sources: Global Financial Data, 1853–1926; Morningstar, Inc., and Ibbotson Associates thereafter through 2015.

4

Make sure you know what you’re buying and what the risks are. Active strategies are becoming more complex, so it’s important to clearly understand what the investments in your portfolio are designed to accomplish and why you want to hold them. Otherwise, you run the risk of selecting strategies that don’t fit your needs or objectives. Keeping these considerations in mind can potentially boost your chances of success in identifying active strategies that may be able to help you reach your goals. As always, thank you for investing with Vanguard. Sincerely,

F. William McNabb III Chairman and Chief Executive Officer November 9, 2016

Advisor’s Report For the 12 months ended October 31, 2016, Vanguard’s five national tax-exempt bond funds posted returns that ranged from 0.64% for the Investor Shares of Vanguard Short-Term Tax-Exempt Fund to 6.26% for the Admiral Shares of Vanguard High-Yield Tax-Exempt Fund. All of the funds outpaced their benchmark indexes and peer groups. With the municipal yield curve flattening, the 30-day SEC yields for Vanguard ShortTerm Tax-Exempt Fund and Limited-Term Tax-Exempt Fund rose, while those of Vanguard Intermediate-Term Tax-Exempt Fund, Long-Term Tax-Exempt Fund, and High-Yield Tax-Exempt Fund fell. 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 year, only the High-Yield Fund owned such securities.

was normalizing, although rates remained below historical standards. Market expectations were for future hikes to be gradual, with four likely to come in the next year. Those expectations were dampened in early 2016 as steep declines in commodity prices and unanticipated sluggish global economic growth, especially in China, triggered a move toward less risky assets. In subsequent meetings, the Fed seemed less inclined to raise rates as it became unclear whether inflation and employment targets would be realized, which seemed less likely when the United Kingdom voted in June to leave the European Union. The voting results sparked uncertainty in global financial markets, but by the end of the summer the initial impact was mostly retraced as better economic data led to shifting sentiments at key central banks. Investors were soon anticipating that the next hike would come at the Fed’s December meeting.

Employment gains were a bright spot, with payrolls increasing by an average of around 203,000 per month over the trailing 12 months. The unemployment rate dipped as low as 4.7%; at the end of the period it stood at 4.9%. The participation rate, which reflects the percentage of the population working or seeking work, was little changed over the period. Strong employment gains were coupled with a slight increase in wages. That and a rebound in commodity prices could be spurring a rise in inflation, which is nearing the Fed’s 2% objective. Municipal bond issuance climbed to record monthly levels in the fall as issuers took advantage of low rates before any future rate hikes. Supply was met by strong demand through most of the period. Municipal bond funds saw 54 consecutive weeks of inflows through mid-October as investors looked to improve on low or even negative global bond yields by buying high-quality U.S. bonds.

The investment environment The period began and ended with investors speculating about when, and by how much, the Federal Reserve would raise short-term interest rates. In December, for the first time in a decade, the Fed increased the target range for the federal funds rate, bumping it to 0.25%– 0.50% from near zero. The Fed cited an improving labor market and its confidence that inflation would rise to its 2% objective. Investors interpreted the increase as a signal that the U.S. economy was on sturdy footing and that monetary policy

That anticipation was bolstered partly by third-quarter GDP. The U.S. economy posted weak results in the early part of your fund’s fiscal year. A strong dollar and soft global economic and financial conditions were likely behind the slow growth. The economy showed a little more steam in the third quarter of 2016, growing 2.9% amid a surge in exports, an uptick in inventory investment, and more government spending. We expect growth to moderate around 2% over the near term.

Although there were some notable pockets of credit weakness, they didn’t spill over to the broader municipal market during the period. Puerto Rico defaulted on bond payments after Congress passed a bill at the end of June to put in place a federal control board to restructure the commonwealth’s debt. That process is likely to unfold slowly and generate more news headlines. The finances of Illinois and Chicago remained strained as well because of structural deficits and pension funding shortfalls.

Management of the funds Yields of Municipal Securities (AAA-Rated General-Obligation Issues) October 31, 2015

October 31, 2016

2 years

0.54%

0.85%

5 years

1.17

1.14

10 years

2.04

1.74

30 years

3.07

2.56

Maturity

Source: Vanguard.

5

We maintained a modestly overweight allocation to the longer end of the yield curve in the longer-dated funds. That added value as the municipal bond yield curve flattened over the period. The yield of the AAA-rated 2-year generic general obligation bond increased 31 basis points to 0.85%, while the yield of the comparable

10-year bond fell 30 basis points to 1.74%, and those of longer-dated bonds fell even more than that.

economic growth (which we expect to be modest) and inflation (which we expect to remain tame).

Being overweighted in A-rated and BBBrated bonds, which are at the lower end of the investment-grade spectrum, was another positive as investors continued to reach for yield.

The dollar will likely remain strong as long as central banks such as the Bank of Japan and the European Central Bank continue to maintain the accommodative monetary stances that have produced negative interest rates in those regions.

Security selection remained a strength for the funds. Our holdings of premium callable bonds performed well. Because these bonds may be redeemed before maturity, exposing investors to reinvestment risk, they offer attractive yields and favorable total return potential across many interest rate scenarios. Favoring sectors that tend to offer wider credit spreads also played out well. They included hospital, university, corporate-backed, and project finance bonds in the Intermediate-Term and Long-Term Funds. Those segments were also significant contributors to the High-Yield Fund’s return, as were airport/port and transportation bonds. In all but the High-Yield Fund, our exposure to Puerto Rico debt as of October 31 was either to bonds insured by third parties or to prerefunded bonds backed by highquality assets in escrow until maturity.

Of course, market conditions could change, especially given the results of the U.S. presidential election and the possibility that job growth and inflation could exceed expectations. But we are confident that our team of experienced managers, analysts, and traders can handle whatever the market brings and find opportunities that will produce competitive returns. Christopher W. Alwine, CFA, Principal, Head of Municipal Group Marlin G. Brown, Portfolio Manager James M. D’Arcy, 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 November 17, 2016

The outlook We expect the Fed to raise rates gradually, compared with prior periods of economic recovery. The pace of future rate hikes is likely to depend on future

6

Short-Term Tax-Exempt Fund Fund Profile As of October 31, 2016

Share-Class Characteristics

Largest Area Concentrations2 Investor Shares

Admiral Shares

Ticker Symbol

VWSTX

VWSUX

Expense Ratio1

0.20%

0.12%

California

30-Day SEC Yield

0.88%

1.00%

Financial Attributes Bloomberg Barclays Bloomberg 1 Year Barclays Municipal Municipal Bond Bond Fund Index Index Number of Bonds

1,901

4,352

49,796

Yield to Maturity (before expenses)

1.0%

1.0%

2.0%

Average Coupon Average Duration Average Stated Maturity Short-Term Reserves

3.0% 1.2 years 1.4 years 13.4%

4.9% 1.4 years

New York

15.9%

Under 6 Months

Texas

14.6

6 Months–1 Year

12.3

9.9

1–2 Years

25.5

Pennsylvania

5.3

2–3 Years

19.1

Massachusetts

4.4

3–4 Years

11.7

New Jersey

4.2

4–5 Years

1.0

Illinois

3.7

Over 5 Years

0.2

Florida

3.7

Connecticut

3.5

Maryland

3.3

Top Ten

Bloomberg Barclays Municipal Bond Index

R-Squared

0.63

0.38

Beta

0.85

0.10

5.9 years

30.2%

Distribution by Credit Quality (% of portfolio) AAA

21.8%

AA

58.3

A

13.7

BBB

Bloomberg Barclays 1 Year Municipal Bond Index

4.8%

—

68.5%

Volatility Measures

1.5 years 12.9 years —

Distribution by Stated Maturity (% of portfolio)

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

3.6

BB

0.3

B or lower

0.1

Not Rated

2.2

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 Short Med.

Average Maturity Credit Quality

Long

High Medium Low

1 The expense ratios shown are from the prospectus dated February 26, 2016, and represent estimated costs for the current fiscal year. For the fiscal year ended October 31, 2016, the 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.

Cumulative Performance: October 31, 2006–October 31, 2016 Initial Investment of $10,000 $18,000

11,861

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

Average Annual Total Returns Periods Ended October 31, 2016

6,000

One Year

Five Years

Ten Years

Final Value of a $10,000 Investment

Short-Term Tax-Exempt Fund Investor Shares

0.64%

0.72%

1.72%

$11,861

Bloomberg Barclays 1 Year Municipal Bond Index

0.40

0.72

1.89

1–2 Year Municipal Funds Average1

0.25

0.44

0.46

10,469

Bloomberg Barclays Municipal Bond Index

4.06

4.34

4.57

15,637

12,061

One Year

Five Years

Ten Years

Final Value of a $50,000 Investment

Short-Term Tax-Exempt Fund Admiral Shares

0.74%

0.80%

1.80%

$59,782

Bloomberg Barclays 1 Year Municipal Bond Index

0.40

0.72

1.89

60,306

Bloomberg Barclays Municipal Bond Index

4.06

4.34

4.57

78,184

1 Derived from data provided by Lipper, a Thomson Reuters Company. See Financial Highlights for dividend and capital gains information. 8

Short-Term Tax-Exempt Fund

Fiscal-Year Total Returns (%): October 31, 2006–October 31, 2016

Income Returns

Capital Returns

Total Returns

Bloomberg Barclays 1 Year Municipal Bond Index Total 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

Investor Shares Fiscal Year

Average Annual Total Returns: Periods Ended September 30, 2016 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 Investor Shares

9/1/1977

Admiral Shares

2/12/2001

One Year Five Years

Income

Capital

Total

0.73%

0.70%

1.60%

0.15%

1.75%

0.83

0.78

1.68

0.15

1.83

9

Short-Term Tax-Exempt Fund

Financial Statements Statement of Net Assets As of October 31, 2016

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).

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

4.100%

11/3/16

31,500

31,506

0.660%

11/7/16

12,755

12,755

0.875%

11/15/16

24,945

24,945

0.875%

12/1/16

9,200

9,199

0.875% 5.000% 5.000% 1.625% 5.000% 5.000%

2/1/17 10/1/17 10/1/18 10/2/18 3/1/19 3/1/20

12,100 1,625 1,500 10,000 850 1,275

12,095 1,676 1,580 10,071 927 1,434

Tax-Exempt Municipal Bonds (100.7%) Alabama (0.8%) Alabama Special Care Facilities Financing Authority Birmingham Revenue (Ascension Health Credit Group) PUT 1 Alabama Special Care Facilities Financing Authority Birmingham Revenue (Ascension Health Credit Group) TOB VRDO Chatom AL Industrial Development Board Gulf Opportunity Zone Revenue (Power South Energy Cooperative Projects) PUT Chatom AL Industrial Development Board Gulf Opportunity Zone Revenue (Power South Energy Cooperative Projects) PUT Chatom AL Industrial Development Board Gulf Opportunity Zone Revenue (Power South Energy Cooperative Projects) PUT VRDO Jefferson County AL Sewer Revenue Jefferson County AL Sewer Revenue Mobile AL Industrial Development Board Pollution Control Revenue (Alabama Power Co.) PUT Mobile County AL Board of School Commissioners GO Mobile County AL Board of School Commissioners GO

106,188 Alaska (0.3%) Alaska Railroad Corp. Capital Grant Receipt Revenue Alaska Railroad Corp. Capital Grant Receipt Revenue Matanuska-Susitna Borough AK GO North Slope Borough AK GO North Slope Borough AK GO North Slope Borough AK GO

5.000% 5.000% 5.000% 4.000% 4.000% 4.000%

8/1/19 8/1/20 3/1/18 6/30/17 6/30/18 6/30/18

7,505 6,900 3,775 9,000 1,200 5,340

8,213 7,731 3,982 9,198 1,258 5,600 35,982

Arizona (0.9%) 2 Arizona Board Regents University of Arizona System Revenue Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) 1 Arizona Health Facilities Authority Revenue (Banner Health) TOB VRDO 3 Arizona Health Facilities Authority Revenue (Phoenix Children’s Hospital) PUT Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) Arizona School Facilities Board COP Arizona School Facilities Board COP Arizona School Facilities Board COP Arizona Transportation Board Excise Tax Revenue Arizona Transportation Board Excise Tax Revenue (Maricopa County Regional Area) Arizona Transportation Board Highway Revenue Glendale AZ GO Glendale AZ GO Goodyear Public Improvement Corp. Municipal Facilities Revenue Maricopa County AZ COP Maricopa County AZ COP 2 Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) Maricopa County AZ Unified School District No. 4 (Mesa) GO Phoenix AZ Civic Improvement Corp. Excise Tax Revenue Phoenix AZ Civic Improvement Corp. Excise Tax Revenue Phoenix AZ Industrial Development Authority Revenue (Mayo Clinic) VRDO Pima County AZ Sewer Revenue Pima County AZ Tucson Unified School District No. 1 GO Tempe AZ Excise Tax Revenue Tucson AZ Water System Revenue Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Center)

4.000% 4.000% 5.000% 0.750% 2.480% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000%

6/1/18 2/1/17 2/1/18 11/7/16 2/5/20 12/1/16 12/1/17 12/1/18 9/1/17 9/1/18 9/1/19 7/1/20 7/1/18 7/1/18 7/1/19 (4) 7/1/20 (4) 7/1/17 7/1/17 7/1/18

1,000 2,000 1,000 5,000 12,500 375 750 500 1,800 1,500 7,500 2,000 1,050 4,500 1,600 2,920 1,400 15,000 10,000

1,048 2,015 1,047 5,000 12,720 376 783 540 1,862 1,606 8,297 2,278 1,121 4,808 1,708 3,175 1,440 15,420 10,661

4.000% 4.000% 5.000% 4.000% 0.470% 4.000% 4.000% 5.000% 5.000% 5.000%

1/1/19 7/1/19 7/1/17 7/1/18 11/1/16 7/1/17 7/1/19 (15) 7/1/19 7/1/19 8/1/19

3,000 3,750 4,250 2,690 30,000 2,000 1,355 2,000 2,050 1,000

3,183 4,043 4,372 2,825 30,000 2,044 1,457 2,208 2,264 1,094 129,395

10

Short-Term Tax-Exempt Fund

Arkansas (0.2%) Arkansas Development Finance Authority Healthcare Revenue (Baptist Health) Arkansas Development Finance Authority Hospital Revenue (Washington Regional Medical Center) Arkansas Federal Highway Grant Anticipation & Tax Revenue GO Arkansas Federal Highway Grant Anticipation & Tax Revenue GO Baxter County AR Hospital Revenue Baxter County AR Hospital Revenue Little Rock AR Sewer Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

3.000%

12/1/16

7,485

7,499

3.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/1/18 4/1/17 10/1/17 9/1/18 9/1/19 10/1/17 (Prere.)

1,000 6,980 7,155 1,000 620 7,500

1,022 7,105 7,433 1,064 678 7,788 32,589

California (9.9%) 1 Bakersfield CA Wastewater Revenue TOB VRDO Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Brea CA Redevelopment Agency Successor Agency Tax Allocation Revenue (Redevelopment Project AB) California County CA Tobacco Securitization Agency Revenue California County CA Tobacco Securitization Agency Revenue 3 California Department of Water Resources Water System Revenue (Central Valley Project) PUT 3 California Department of Water Resources Water System Revenue (Central Valley Project) PUT 1 California Department of Water resources Water System Revenue (Central Valley Project) TOB VRDO California GO California GO California GO 2 California GO California GO California GO California GO California GO California GO California GO California GO California GO 3 California GO PUT California GO PUT 3 California GO PUT 3 California GO PUT California GO PUT 1 California GO TOB VRDO 1 California GO TOB VRDO 1 California GO TOB VRDO 1 California GO TOB VRDO 3 California Health Facilities Financing Authority Revenue (Children’s Hospital of Los Angeles) PUT California Health Facilities Financing Authority Revenue (City of Hope Medical Center) California Health Facilities Financing Authority Revenue (Memorial Health Services) California Health Facilities Financing Authority Revenue (Providence St. Joseph Health Obligated Group) PUT California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT California Health Facilities Financing Authority Revenue (Sutter Health) PUT 3 California Infrastructure & Economic Development Bank Revenue (Index-Museum Art Project) PUT 3 California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT 3 California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT California Municipal Finance Authority (Community Hospitals of Central California Obligated Group) COP California Municipal Finance Authority Multifamily Housing Revenue (Stevenson House Apartments) 3 California Municipal Finance Authority Revenue (Anaheim Electric Utility Distribution System) PUT California Municipal Finance Authority Revenue (NorthBay Healthcare Group) California Municipal Finance Authority Solid Waste Revenue (Republic Services Inc. Project) PUT California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Department of Corrections)

11

0.850% 1.000% 1.367% 1.450% 1.450% 1.500% 1.875% 1.875%

11/7/16 4/3/17 8/1/17 8/1/17 8/1/17 4/2/18 4/1/19 4/1/20

5,315 7,250 31,500 10,040 7,000 62,400 8,950 7,500

5,315 7,252 31,570 10,059 7,012 62,718 9,073 7,614

5.000% 4.000% 4.000% 1.250% 0.930%

8/1/17 6/1/17 6/1/18 9/1/17 12/1/17

1,150 575 1,000 60,175 32,250

1,186 584 1,041 60,220 32,171

11,910 4,250 35,000 10,385 57,715 825 17,830 29,690 5,000 9,005 38,795 5,500 14,105 14,250 8,350 29,500 7,600 28,825 33,860 16,755 14,960 15,925 8,825 1,005 1,000

11,910 4,403 36,381 11,002 61,898 900 19,775 33,052 5,566 10,025 43,188 6,306 16,172 14,278 8,505 29,420 7,641 30,182 33,860 16,755 14,960 15,925 8,871 1,007 1,040

0.660% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.072% 4.000% 1.080% 1.202% 3.000% 0.750% 0.810% 0.810% 0.830% 2.430% 5.000% 5.000%

11/7/16 9/1/17 10/1/17 4/1/18 8/1/18 2/1/19 4/1/19 9/1/19 9/1/19 9/1/19 9/1/19 9/1/20 9/1/20 12/1/17 12/1/17 5/1/18 12/3/18 12/1/19 11/7/16 11/7/16 LOC 11/7/16 LOC 11/7/16 7/1/17 11/15/16 10/1/17

1.250% 5.000% 1.000%

10/1/20 10/17/17 8/15/19

6,400 9,400 6,000

6,371 9,769 5,972

2.124% 0.910% 0.910%

8/1/18 4/3/17 4/3/17

20,515 3,925 22,500

20,889 3,921 22,478

5.000%

2/1/17

1,100

1,111

0.850% 1.130% 5.000% 0.950% 5.000% 5.000% 5.000%

11/1/17 4/2/18 11/1/16 1/3/17 6/1/17 6/1/17 6/1/18

3,000 14,000 1,610 13,000 5,000 8,205 10,650

2,997 13,946 1,610 13,000 5,125 8,410 11,333

Short-Term Tax-Exempt Fund

1

3

1

1

1,3 2

1

1

3 3 3 3 3 3 3

California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Department of State Hospitals) California Public Works Board Lease Revenue (Department of State Hospitals) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California State University Systemwide Revenue PUT California Statewide Communities Development Authority Health Facility Revenue (Catholic Healthcare West) California Statewide Communities Development Authority Health Facility Revenue (Catholic Healthcare West) California Statewide Communities Development Authority Revenue (Adventist Health System/West) California Statewide Communities Development Authority Revenue (Adventist Health System/West) California Statewide Communities Development Authority Revenue (Adventist Health System/West) California Statewide Communities Development Authority Revenue (Cottage Health System Obligated Group) TOB VRDO California Statewide Communities Development Authority Revenue (Kaiser Permanente) PUT California Statewide Communities Development Authority Revenue (Kaiser Permanente) PUT California Statewide Communities Development Authority Revenue (Kaiser Permanente) PUT California Statewide Communities Development Authority Revenue (Kaiser Permanente) TOB VRDO California Statewide Communities Development Authority Revenue (Rady Children’s Hospital - San Diego) California Statewide Communities Development Authority Revenue (St. Joseph Health System) TOB VRDO California Statewide Communities Development Authority Senior Living Health Facility Revenue (Los Angeles Jewish Home for the Aging) California Statewide Communities Development Authority Student Housing Revenue (CHF-Irvine LLC - UCI East Campus Apartments Phase II) California Statewide Communities Development Authority Student Housing Revenue (CHF-Irvine LLC - UCI East Campus Apartments Phase II) Capistrano CA Unified School District Special Tax Revenue Capistrano CA Unified School District Special Tax Revenue Capistrano CA Unified School District Special Tax Revenue Chula Vista CA Industrial Development Revenue (San Diego Gas & Electric Co.) Chula Vista CA Municipal Financing Authority Special Tax Revenue Eaton Vance California Municipal Bond Fund II El Camino CA Healthcare District GO El Dorado CA Irrigation District Revenue Fontana CA Public Financing Authority Tax Allocation Revenue TOB VRDO Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue PUT Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue PUT Golden State Tobacco Securitization Corp. California Revenue TOB VRDO Jurupa CA Public Financing Authority Special Tax Revenue Jurupa CA Public Financing Authority Special Tax Revenue Jurupa CA Public Financing Authority Special Tax Revenue La Verne CA (Brethren Hillcrest Homes) COP La Verne CA (Brethren Hillcrest Homes) COP Long Beach CA Finance Authority Natural Gas Purchase Revenue Long Beach CA Harbor Revenue Long Beach CA Unified School District GO Los Angeles CA GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Various Project Areas) Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Various Project Areas) Metropolitan Water District of Southern California Revenue PUT Metropolitan Water District of Southern California Revenue PUT Metropolitan Water District of Southern California Revenue PUT Metropolitan Water District of Southern California Revenue PUT Metropolitan Water District of Southern California Revenue PUT Metropolitan Water District of Southern California Revenue PUT Metropolitan Water District of Southern California Revenue PUT

12

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000%

6/1/18 6/1/17 6/1/18 12/1/16 1/1/17 4/1/17 4/1/18 4/1/19 11/1/19

2,500 5,000 5,000 1,500 6,220 2,710 1,000 8,760 21,000

2,660 5,096 5,243 1,505 6,265 2,759 1,058 9,589 21,971

0.880%

11/4/16 (4)

30,450

30,450

0.890%

11/4/16 (4)

3,075

3,075

3.000%

3/1/17

350

353

3.000%

3/1/18

375

386

4.000%

3/1/19

500

534

0.780% 1.580% 5.000% 5.000%

11/7/16 5/1/17 5/1/17 5/1/17

8,555 1,250 6,380 7,500

8,555 1,252 6,513 7,656

0.830%

11/7/16

10,010

10,010

4.000%

8/15/18

1,565

1,649

0.670%

11/7/16 (4)

17,832

17,832

2.500%

8/1/20

1,165

1,166

5.000%

5/15/19

500

546

5.000% 5.000% 5.000% 5.000% 1.650% 5.000% 1.480% 4.000% 4.000% 0.880% 5.000% 5.000% 0.840% 3.500% 4.000% 5.000% 3.000% 4.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.790% 0.790% 0.790% 1.010% 1.010% 1.010% 1.010%

5/15/20 9/1/17 9/1/18 9/1/19 7/1/18 9/1/17 7/1/19 8/1/18 3/1/17 11/7/16 1/15/18 1/15/20 11/7/16 9/1/17 9/1/18 9/1/19 5/15/17 5/15/18 11/15/18 11/15/18 8/1/19 9/1/18 7/1/18 7/1/18 7/1/18 7/1/18 9/1/17 9/1/18 7/10/17 7/10/17 7/10/17 3/27/18 3/27/18 3/27/18 3/27/18

500 1,500 2,000 2,080 4,700 565 8,250 2,105 1,500 9,000 19,485 1,475 9,720 425 380 610 575 235 1,185 32,500 2,740 12,900 23,335 73,395 9,830 12,750 3,815 1,000 9,500 5,500 5,000 3,000 10,250 10,750 20,000

559 1,549 2,147 2,310 4,704 584 8,251 2,217 1,517 9,000 19,959 1,594 9,720 433 399 674 580 244 1,265 35,212 3,042 13,878 24,946 78,462 10,509 13,639 3,944 1,071 9,500 5,500 4,998 3,001 10,253 10,743 19,987

(15) (15)

(4) LOC

LOC

Short-Term Tax-Exempt Fund

Coupon

1

3

1

Modesto CA Irrigation District Electric Revenue Mount Diablo CA Unified School District GO Mount Diablo CA Unified School District GO North Orange County CA Community College District GO Northern California Gas Authority No. 1 Revenue Nuveen California AMT-Free Municipal Income Fund VRDP VRDO Nuveen Insured California AMT-Free Municipal Income Fund VRDP VRDO Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) Palomar Pomerado Health California Revenue Riverside CA Water Revenue PUT Riverside County CA Asset Leasing Corp. Leasehold Revenue (Riverside County Hospital Project) Riverside County CA Asset Leasing Corp. Leasehold Revenue (Riverside County Hospital Project) Riverside County CA Transportation Commission Sales Tax Revenue Roseville CA Special Tax Revenue Roseville CA Special Tax Revenue Sacramento CA Municipal Utility District Revenue TOB VRDO San Joaquin Hills CA Transportation Corridor Agency Toll Road Revenue Southern California Public Power Authority Revenue (Canyon Power Project) University of California Revenue University of California Revenue Western CA Municipal Water District Revenue PUT

5.000% 5.000% 5.000% 4.000% 1.197% 1.100% 0.720% 5.000% 5.000% 5.000% 4.000% 0.780% 4.000% 5.000% 5.000% 3.000% 4.000% 0.960% 5.000% 5.000% 5.000% 5.000% 1.500%

Maturity Date 7/1/17 8/1/18 8/1/19 8/1/19 7/1/19 7/1/18 11/7/16 LOC 9/1/17 9/1/18 9/1/19 11/1/18 2/1/17 6/1/17 6/1/17 6/1/18 9/1/18 9/1/19 11/7/16 1/15/17 7/1/20 5/15/18 5/15/18 10/1/20

Face Amount ($000)

Market Value• ($000)

1,055 1,500 650 10,990 12,800 14,000 5,000 3,500 1,550 1,500 815 2,000 2,000 3,705 500 275 875 4,985 12,025 1,250 3,000 8,565 2,325

1,086 1,605 721 11,905 12,675 14,000 5,000 3,619 1,660 1,658 848 2,000 2,037 3,796 533 283 936 4,985 12,124 1,428 3,193 9,118 2,345 1,365,838

Colorado (2.2%) Adams County CO COP Colorado Education Loan Program Revenue Colorado Education Loan Program Revenue Colorado General Fund Revenue Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) PUT 3 Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) PUT 3 Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) PUT 1 Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) TOB VRDO 1 Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) TOB VRDO Colorado Health Facilities Authority Revenue (Christian Living Communities) Colorado Health Facilities Authority Revenue (Christian Living Communities) Colorado Health Facilities Authority Revenue (Christian Living Communities) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Evangelical Lutheran Good Samaritan Society Project) Colorado Health Facilities Authority Revenue (Evangelical Lutheran Good Samaritan Society Project) Colorado Health Facilities Authority Revenue (Evangelical Lutheran Good Samaritan Society Project) Denver CO City & County Airport Revenue Denver CO City & County Airport Revenue Denver CO City & County School District GO 3 E-470 Public Highway Authority Colorado Revenue PUT 3 E-470 Public Highway Authority Colorado Revenue PUT Park Creek CO Metropolitan District Limited Property Tax Revenue Park Creek CO Metropolitan District Limited Property Tax Revenue Regional Transportation District of Colorado Sales Tax Revenue (FasTracks Project) Regional Transportation District of Colorado Sales Tax Revenue (FasTracks Project) University of Colorado Hospital Authority Revenue University of Colorado Hospital Authority Revenue PUT

4.000% 2.000% 5.000% 2.000% 1.875% 1.609% 1.609% 0.780% 0.880% 1.250% 4.000% 4.000% 4.000% 3.000% 5.000% 3.150% 4.000%

12/1/19 6/29/17 6/29/17 6/27/17 11/6/19 11/12/20 11/12/20 11/7/16 11/7/16 LOC 1/1/17 1/1/18 1/1/20 12/1/16 12/1/17 12/1/17 12/1/18 12/1/18

1,250 79,700 19,100 44,050 6,000 5,000 7,500 10,000 11,805 175 250 500 1,000 700 1,580 3,640 600

1,356 80,343 19,628 44,403 6,045 4,964 7,445 10,000 11,805 175 257 530 1,002 713 1,643 3,645 630

3.000%

6/1/17

500

506

3.000%

6/1/18

600

616

4.000% 0.850% 0.880% 3.000% 1.810% 2.380% 4.000% 4.000% 5.000% 5.000% 0.880% 0.880%

6/1/19 11/3/16 11/4/16 12/1/16 8/31/17 9/1/17 12/1/18 12/1/20 11/1/16 11/1/16 5/30/17 5/30/17

1,000 14,600 14,700 13,515 7,540 7,000 350 1,055 14,230 11,280 12,500 10,000

1,061 14,600 14,700 13,542 7,528 7,011 367 1,144 14,230 11,280 12,500 10,000

(12) (12)

(14)

(Prere.) (Prere.)

303,669 Connecticut (3.5%) Bridgeport CT GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO 3 Connecticut GO 3 Connecticut GO

5.000% 5.000% 0.690% 0.690% 0.760% 5.000% 0.880% 0.940%

13

8/15/20 (4) 11/1/16 11/7/16 11/7/16 11/7/16 12/1/16 1/1/17 3/1/17

7,115 7,000 12,740 15,825 31,935 5,000 10,210 3,000

8,019 7,000 12,740 15,825 31,935 5,018 10,210 3,000

Short-Term Tax-Exempt Fund

3 3 3 3 3

3

3 3 3 3

3 3 3 3

1

Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO PUT Connecticut GO PUT Connecticut Health & Educational Facilities Authority Revenue (Trinity Health Corp.) Connecticut Health & Educational Facilities Authority Revenue (Trinity Health Corp.) Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT Connecticut Health & Educational Facilities Authority Revenue (Yale University) TOB VRDO Hartford CT GO Hartford CT GO Hartford CT GO Hartford CT GO New Britain CT BAN New Britain CT GO New Britain CT GO New Britain CT GO South Central CT Regional Water Authority Water System Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

0.970% 1.310% 1.400% 1.330% 1.330% 5.000% 1.150% 4.000% 4.000% 0.980% 1.510% 1.550% 1.400% 5.000% 1.730% 1.550% 1.280% 1.980% 5.000% 3.000% 0.600% 0.800% 0.900% 1.375% 1.000% 1.000% 0.660% 5.000% 5.000% 5.000% 5.000% 2.000% 5.000% 5.000% 5.000% 5.000%

3/1/17 4/15/17 5/15/17 6/15/17 6/15/17 7/15/17 9/15/17 11/15/17 11/15/17 1/1/18 4/15/18 5/15/18 9/15/18 11/15/18 5/15/19 9/15/19 9/15/17 3/1/18 12/1/18 12/1/19 2/1/17 7/26/17 2/1/18 7/11/18 7/1/19 7/1/19 11/7/16 8/15/18 4/1/19 7/1/19 10/1/19 3/23/17 3/1/17 3/1/19 3/1/20 8/1/18

7,415 4,200 3,120 25,000 35,240 5,000 1,850 7,000 40,795 4,905 2,250 10,675 4,000 8,540 5,000 1,000 10,215 17,500 350 750 35,000 40,000 4,000 57,000 17,550 8,450 3,600 3,500 2,150 700 1,525 12,500 600 1,000 1,175 5,000

7,415 4,200 3,125 25,031 35,284 5,148 1,850 7,227 42,119 4,894 2,253 10,695 4,002 9,218 5,028 1,000 10,215 17,501 379 793 34,995 40,021 4,002 57,422 17,509 8,428 3,600 3,729 2,357 762 1,700 12,559 608 1,086 1,314 5,359

(15) (ETM) (4) (ETM) (15) (15) (15) (Prere.)

486,575 Delaware (0.2%) Delaware GO Delaware GO Delaware GO Delaware Transportation Authority Transportation System Revenue Delaware Transportation Authority Transportation System Revenue Delaware Transportation Authority Transportation System Revenue New Castle County DE GO 1 University of Delaware Revenue TOB VRDO

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.720%

7/1/18 2/1/19 3/1/19 7/1/18 7/1/19 7/1/20 7/15/18 11/7/16

2,000 1,000 1,000 1,030 3,500 785 1,770 8,670

2,138 1,091 1,094 1,101 3,869 895 1,895 8,670 20,753

District of Columbia (0.3%) 3 District of Columbia Income Tax Revenue 3 District of Columbia Income Tax Revenue District of Columbia Water & Sewer Authority Public Utility Revenue Metropolitan Washington DC Transit Authority Revenue Metropolitan Washington DC Transit Authority Revenue

0.830% 0.930% 5.000% 5.000% 4.000%

12/1/16 12/1/17 10/1/19 7/1/18 7/1/19

6,135 11,250 500 12,500 8,000

6,135 11,251 557 13,335 8,389 39,667

Florida (3.7%) Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) Broward County FL Airport System Revenue Broward County FL Airport System Revenue Broward County FL School Board COP Broward County FL School Board COP Broward County FL School Board COP Broward County FL School Board COP Broward County FL School District TAN Cape Coral FL Special Obligation Revenue Cape Coral FL Special Obligation Revenue Central Florida Expressway Authority BAN Citizens Property Insurance Corp. Florida Revenue (Coastal Account)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.500% 4.000% 4.000% 1.625% 5.000%

14

4/1/18 4/1/19 10/1/17 10/1/18 7/1/17 7/1/18 7/1/19 7/1/20 6/15/17 10/1/17 10/1/18 1/1/19 6/1/18

425 750 1,050 700 5,000 4,415 2,355 5,400 49,000 1,905 600 54,595 5,555

448 815 1,090 753 5,137 4,701 2,588 6,105 49,218 1,959 634 54,920 5,799

Short-Term Tax-Exempt Fund

3

1

1

1 1

Citizens Property Insurance Corp. Florida Revenue (Personal Lines Account/Commercial Lines Account) Citizens Property Insurance Corp. Florida Revenue (Personal Lines Account/Commercial Lines Account) Citizens Property Insurance Corp. Florida Revenue (Personal Lines Account/Commercial Lines Account) Escambia County FL Pollution Control Revenue (Gulf Power Co. Project) PUT Escambia County FL Solid Waste Disposal System Revenue (Gulf Power Co. Project) PUT Florida Board of Education Public Education Capital Outlay GO Florida Board of Education Public Education Capital Outlay GO Florida Board of Education Public Education Capital Outlay GO Florida Department of Environmental Protection & Preservation Revenue Florida Municipal Power Agency Revenue Florida Municipal Power Agency Revenue Florida Municipal Power Agency Revenue Florida Municipal Power Agency Revenue Florida Municipal Power Agency Revenue (Stanton II Project) Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Hollywood FL Community Redevelopment Agency Tax Allocation Revenue Hollywood FL Community Redevelopment Agency Tax Allocation Revenue Jacksonville FL Electric Authority Electric System Revenue CP Jacksonville FL Electric Authority Water & Sewer Revenue Jacksonville FL Special Revenue Jacksonville FL Special Revenue Jacksonville FL Special Revenue Jacksonville FL Special Revenue Lakeland FL Energy System Revenue Lakeland FL Energy System Revenue Lee County FL Non-Ad Valorem Revenue Lee County FL School Board COP Lee County FL School Board COP Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Resort Tax Revenue Miami Beach FL Resort Tax Revenue Miami Beach FL Resort Tax Revenue Miami Beach FL Resort Tax Revenue TOB VRDO Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) Miami-Dade County FL Industrial Development Authority Solid Waste Disposal Revenue (Waste Management Inc. of Florida Project) PUT Miami-Dade County FL Public Facilities Revenue (Jackson Health System) TOB VRDO Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP TOB VRDO Miami-Dade County FL Water & Sewer Revenue TOB VRDO Orlando FL Utility Commission Utility System Revenue Orlando Utilities Commission Revenue PUT Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) Palm Beach County FL Health Facilities Authority Revenue (Jupiter Medical Center Inc. Project) Palm Beach County FL School Board COP Palm Beach County FL School District TAN Pasco County FL School Board COP Port St. Lucie FL Special Assessment Revenue Port St. Lucie FL Special Assessment Revenue Reedy Creek FL Improvement District GO Reedy Creek FL Improvement District GO Reedy Creek FL Improvement District Utilities Revenue

15

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

6/1/17

6,260

6,415

5.000%

6/1/18

36,700

38,998

5.000% 1.150% 1.400% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 3.000% 3.000% 4.000% 4.000% 5.000% 5.000% 5.000%

6/1/19 6/21/18 12/1/17 6/1/18 6/1/19 6/1/19 7/1/20 10/1/17 10/1/18 10/1/19 10/1/20 10/1/17 6/1/17 6/1/17 6/1/18 6/1/18 6/1/19 6/1/19 6/1/20

6,700 6,000 6,500 6,845 8,135 17,095 13,160 700 800 800 6,000 1,650 1,000 1,000 500 2,000 250 825 300

7,362 5,992 6,522 7,294 8,973 18,855 14,948 726 858 886 6,828 1,697 1,011 1,012 522 2,089 273 902 337

2,075 2,000 2,000 27,200 1,500 500 2,200 2,500 760 10,000 1,000 1,220 4,000 3,530 1,965 1,125 1,250 1,615 1,135 4,620 400 505

2,074 2,098 2,159 27,200 1,544 538 2,443 2,854 868 10,004 1,114 1,266 4,128 3,778 2,017 1,179 1,283 1,789 1,293 4,620 412 530

4,500 10,395 2,250 26,000 8,510 12,195 10,510

4,530 10,395 2,517 26,000 8,510 13,137 10,510

5.125% 5.000% 5.000% 0.950% 4.000% 5.000% 5.000% 5.000% 5.000% 1.380% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 5.000% 5.000% 0.680% 5.000% 4.000%

11/15/16 (Prere.) 3/1/18 3/1/19 11/9/16 10/1/17 10/1/18 10/1/19 10/1/20 10/1/20 10/1/17 10/1/19 10/1/17 8/1/17 8/1/18 11/15/17 11/15/18 9/1/17 9/1/19 9/1/20 11/7/16 8/1/17 8/1/18

1.500% 0.660% 5.000% 0.710% 0.750% 5.000% 0.880%

10/1/18 11/7/16 (12) 2/1/20 11/7/16 (12) 11/7/16 10/1/18 5/30/17

3.000%

12/1/16

1,000

1,002

3.000%

12/1/17

1,000

1,019

4.000% 4.000% 5.000% 2.000% 1.150% 1.000% 1.125% 4.000% 5.000% 5.000%

12/1/18 11/1/17 8/1/18 8/31/17 11/4/16 (2) 7/1/17 7/1/18 6/1/17 6/1/18 10/1/17

750 2,095 4,725 37,315 9,100 475 680 1,760 2,825 785

790 2,143 5,047 37,687 9,100 475 678 1,793 3,005 814

Short-Term Tax-Exempt Fund

2 2

1

2

Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) South Broward FL Hospital District Revenue South Florida Water Management District COP South Florida Water Management District COP South Miami FL Health Facilities Authority Hospital Revenue (Baptist Health South Florida Obligated Group) TOB VRDO Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) Tampa FL Hospital Revenue Tampa FL Hospital Revenue (H. Lee Moffitt Cancer Center Project) Volusia County FL School Board COP Volusia County FL School Board COP Volusia County FL School Board COP

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

4.000% 4.000% 5.000% 5.000% 5.000%

1/1/18 1/1/19 5/1/20 10/1/19 10/1/20

400 500 4,190 1,750 2,000

413 527 4,718 1,949 2,293

0.700% 5.000% 5.000% 4.000% 5.000% 4.000% 4.000% 5.000%

11/7/16 12/1/17 12/1/20 7/1/17 7/1/17 8/1/18 (15) 8/1/19 (15) 8/1/20 (15)

6,350 1,000 1,600 1,525 3,425 400 500 350

6,350 1,042 1,817 1,554 3,514 421 538 398 506,544

Georgia (3.2%) Athens-Clarke County GA Unified Government Water & Sewerage Revenue Athens-Clarke County GA Unified Government Water & Sewerage Revenue Atlanta GA Airport Revenue 1 Atlanta GA Airport Revenue TOB VRDO 3 Atlanta GA Water & Wastewater Revenue PUT Bartow County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Bowen Project) PUT Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT 2 Clarke County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) 2 Clarke County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) 1 Cobb County GA Development Authority Parking Facilities Lease Revenue (KSU Central Parking Deck) TOB VRDO Dalton GA Development Authority Revenue (Hamilton Health Care System) DeKalb County GA Water & Sewer Revenue DeKalb County GA Water & Sewer Revenue DeKalb County GA Water & Sewer Revenue Forsyth County GA GO 2 Fulton County GA Development Authority Revenue (Piedmont Healthcare Inc. Project) 2 Fulton County GA Development Authority Revenue (Piedmont Healthcare Inc. Project) Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) 3 Gainesville & Hall County GA Hospital Authority Revenue (Northeast Georgia Health System Inc. Project) PUT Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia Municipal Electric Power Authority Revenue Georgia Municipal Electric Power Authority Revenue Georgia Municipal Electric Power Authority Revenue Georgia Municipal Gas Authority Revenue Glynn County GA School District GO Glynn County GA School District GO Gwinnett County GA School District GO Gwinnett County GA School District GO Gwinnett County GA School District GO Gwinnett County GA School District GO Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue 3 Metropolitan Atlanta GA Rapid Transportation Authority Georgia Sales Tax Revenue PUT 3 Metropolitan Atlanta GA Rapid Transportation Authority Georgia Sales Tax Revenue PUT

16

5.000% 5.000% 5.000% 0.830% 1.858%

1/1/17 1/1/18 1/1/18 11/7/16 (4) 11/1/18

2,500 3,000 500 10,000 56,750

2,518 3,146 524 10,000 57,350

2.375%

8/10/17

8,000

8,081

1.375%

4/4/17

2,275

2,279

1.750%

6/1/17

10,025

10,064

1.800%

4/3/18

5,250

5,295

1.300%

5/3/18

11,500

11,566

2.350% 5.000% 5.000%

12/11/20 7/1/18 7/1/19

3,200 750 700

3,297 797 769

0.660% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000% 3.000%

11/7/16 LOC 8/15/17 10/1/17 10/1/17 10/1/18 3/1/18 7/1/18 7/1/19 7/1/19 7/1/20

15,075 1,500 1,000 500 800 3,580 625 700 500 1,410

15,075 1,549 1,039 519 863 3,779 665 769 516 1,462

1.580% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000% 3.000% 3.000% 4.000% 5.000% 5.125% 0.910% 0.930%

2/18/20 11/1/16 7/1/17 2/1/18 7/1/18 7/1/18 (Prere.) 1/1/19 10/1/19 1/1/17 1/1/18 1/1/18 10/1/19 8/1/18 8/1/19 8/1/18 2/1/19 8/1/19 2/1/20 3/15/17 9/15/17 7/1/17 7/1/17

17,675 2,400 5,280 32,085 72,620 3,350 1,085 3,765 1,825 1,400 1,825 5,000 4,000 7,000 4,525 25,000 24,225 16,725 250 240 18,000 17,500

17,763 2,400 5,432 33,762 77,621 3,579 1,157 4,203 1,838 1,467 1,912 5,554 4,284 7,752 4,695 26,164 25,579 18,327 253 247 17,988 17,493

Short-Term Tax-Exempt Fund

Monroe County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Scherer Project) PUT Monroe County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Scherer Project) PUT Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue (Combined Cycle Project) Municipal Electric Authority Georgia Revenue (Combined Cycle Project)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

2.000%

6/13/19

2,000

2,031

2.350% 5.000% 5.000% 5.000%

12/11/20 4/1/18 11/1/16 11/1/17

5,700 3,565 1,325 1,700

5,872 3,768 1,325 1,771 436,159

Guam (0.0%) Guam Government Business Privilege Tax Revenue

5.000%

Hawaii (0.5%) Hawaii County HI GO Hawaii County HI GO Hawaii County HI GO Hawaii Department of Budget & Finance Special Purpose Revenue (Queens Health System) PUT Hawaii Department of Budget & Finance Special Purpose Revenue (Queens Health System) PUT Hawaii GO Hawaii GO Hawaii GO Hawaii GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO

4.000% 5.000% 5.000% 1.080% 1.080% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000% 4.000% 5.000% 5.000%

11/15/19

9/1/18 9/1/18 9/1/19 5/30/17 5/30/17 10/1/18 10/1/19 4/1/20 10/1/20 11/1/16 7/1/17 (Prere.) 10/1/18 10/1/18 10/1/18 10/1/18

1,000

1,096

1,585 1,395 3,625 4,855 2,510 15,000 4,000 10,000 2,750 7,265 1,000 1,595 1,500 1,815 3,120

1,674 1,499 4,026 4,855 2,510 16,167 4,455 11,304 3,154 7,265 1,028 1,656 1,586 1,954 3,358 66,491

Idaho (0.2%) Idaho Housing & Finance Association RAN Idaho Housing & Finance Association RAN Idaho TAN

5.000% 5.000% 2.000%

7/15/18 7/15/19 6/30/17

7,545 6,580 7,500

8,027 7,225 7,567 22,819

Illinois (3.7%) Chicago IL Board of Education GO Chicago IL Board of Education GO 3 Chicago IL Board of Education GO PUT 1 Chicago IL GO TOB VRDO Chicago IL Metropolitan Water Reclamation District GO Chicago IL Metropolitan Water Reclamation District GO Chicago IL Metropolitan Water Reclamation District GO Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue 1 Chicago IL O’Hare International Airport Revenue TOB VRDO 1 Chicago IL O’Hare International Airport Revenue TOB VRDO Chicago IL Park District Harbor Facilities GO Chicago IL Park District Harbor Facilities GO 1 Chicago IL Transit Authority Sales Tax Receipts Revenue TOB VRDO 1 Chicago IL Transit Authority Sales Tax Receipts Revenue TOB VRDO Chicago IL Wastewater Transmission Revenue Chicago IL Wastewater Transmission Revenue Chicago IL Water Revenue 1 Chicago IL Water Revenue TOB VRDO 1 Chicago IL Water Revenue TOB VRDO 1 Cook County IL GO TOB VRDO Illinois Educational Facilities Authority Revenue (University of Chicago) PUT 1 Illinois Educational Facilities Authority Revenue (University of Chicago) TOB VRDO Illinois Finance Authority Revenue (Advocate Health Care Network) PUT Illinois Finance Authority Revenue (Advocate Health Care Network) PUT Illinois Finance Authority Revenue (Ascension Health Credit Group) PUT 1 Illinois Finance Authority Revenue (Carle Foundation) TOB VRDO Illinois Finance Authority Revenue (Centegra Health System) Illinois Finance Authority Revenue (Hospital Sister Services Inc.) Illinois Finance Authority Revenue (Hospital Sister Services Inc.) Illinois Finance Authority Revenue (Illinois Wesleyan University) Illinois Finance Authority Revenue (Illinois Wesleyan University) Illinois Finance Authority Revenue (Illinois Wesleyan University) Illinois Finance Authority Revenue (Illinois Wesleyan University)

5.000% 5.000% 4.630% 1.030% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 0.750% 0.780% 5.000% 5.000% 0.830% 0.830% 5.000% 5.000% 5.000% 0.830% 0.830% 0.830% 1.550% 0.690% 0.930% 5.000% 5.000% 0.750% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000%

17

12/1/16 12/1/17 3/1/17 11/7/16 12/1/17 12/1/17 12/1/18 1/1/17 1/1/19 1/1/20 11/7/16 11/7/16 1/1/18 1/1/19 11/7/16 11/7/16 1/1/19 1/1/20 11/1/18 11/7/16 11/7/16 11/7/16 2/13/20 11/7/16 5/30/17 5/1/19 5/1/17 11/7/16 9/1/18 8/15/17 8/15/18 9/1/17 9/1/18 9/1/19 9/1/20

(4)

(14)

(4) (4)

LOC

(12)

2,855 3,000 10,000 15,180 5,000 4,000 5,000 4,540 4,420 4,000 2,500 21,645 600 990 22,895 25,500 1,975 1,000 675 7,495 5,250 7,500 5,000 9,185 5,750 5,000 4,500 12,680 235 2,000 1,635 100 155 200 260

2,852 3,082 9,990 15,180 5,225 4,180 5,406 4,573 4,781 4,460 2,500 21,645 624 1,060 22,895 25,500 2,110 1,094 720 7,495 5,250 7,500 5,049 9,185 5,750 5,474 4,593 12,680 249 2,063 1,748 102 162 213 280

Short-Term Tax-Exempt Fund

3

1 1

2

2

1

1

1

Illinois Finance Authority Revenue (Northwestern Community Hospital) Illinois Finance Authority Revenue (Northwestern Community Hospital) Illinois Finance Authority Revenue (Presbyterian Homes) Illinois Finance Authority Revenue (Presbyterian Homes) Illinois Finance Authority Revenue (Presbyterian Homes) Illinois Finance Authority Revenue (Presbyterian Homes) Illinois Finance Authority Revenue (Presbyterian Homes) Illinois Finance Authority Revenue (Presbyterian Homes) PUT Illinois Finance Authority Revenue (Presence Health Network Obligated Group) Illinois Finance Authority Revenue (Presence Health Network Obligated Group) Illinois Finance Authority Revenue (Rush University Medical Center) Illinois Finance Authority Revenue (Rush University Medical Center) Illinois Finance Authority Revenue (Rush University Medical Center) Illinois Finance Authority Revenue (Rush University Medical Center) Illinois Finance Authority Revenue (Silver Cross & Medical Centers) Illinois Finance Authority Revenue (Trinity Health Corp.) Illinois Finance Authority Revenue (University of Chicago) TOB VRDO Illinois Finance Authority Revenue (University of Chicago) TOB VRDO Illinois Finance Authority Solid Waste Disposal Revenue (Prairie Power Inc. Project) PUT Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois Housing Development Authority Multi-Family Housing Revenue (J. Michael Fitzgerald Apartments Project) PUT Illinois Municipal Electric Agency Power Supply System Revenue Illinois Regional Transportation Authority Revenue PUT Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Toll Highway Revenue TOB VRDO Illinois Unemployment Insurance Fund Building Receipts Revenue Illinois Unemployment Insurance Fund Building Receipts Revenue Illinois Unemployment Insurance Fund Building Receipts Revenue Lake, Cook, Kane, & McHenry Counties IL Community Unified School District GO TOB VRDO McHenry County IL Conservation District GO Northern Illinois Municipal Power Agency Project Revenue Northern Illinois Municipal Power Agency Project Revenue Northern Illinois Municipal Power Agency Project Revenue Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue Romeoville IL Revenue (Lewis University Project) Romeoville IL Revenue (Lewis University Project) Springfield IL Electric Revenue Will County IL GO TOB VRDO

Face Amount ($000)

Market Value• ($000)

Coupon

Maturity Date

5.000% 5.000% 2.000% 3.000% 4.000% 4.000% 5.000% 1.719% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000% 0.660% 0.680% 1.300% 4.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/19 7/1/20 11/1/16 11/1/17 11/1/18 11/1/19 11/1/20 5/1/21 2/15/20 2/15/21 11/15/16 11/15/17 11/15/18 11/15/19 8/15/17 12/1/16 11/7/16 11/7/16 5/8/17 1/1/17 1/1/17 (4) 5/1/17 2/1/18 2/1/18 4/1/18 5/1/18 8/1/18 2/1/19 2/1/19 2/1/19 5/1/19 7/1/19 8/1/19

1,000 1,030 850 800 550 1,000 1,875 2,500 5,575 3,055 1,395 1,000 750 500 750 1,865 2,960 15,000 2,340 2,935 3,000 8,100 4,000 15,000 2,500 8,000 22,160 7,500 7,505 875 12,000 4,725 15,000

1,097 1,160 850 815 580 1,075 2,125 2,510 6,080 3,390 1,397 1,041 808 555 772 1,868 2,960 15,000 2,340 2,949 3,020 8,244 4,095 15,541 2,600 8,334 23,202 7,750 7,917 923 12,707 5,014 15,938

0.900% 5.000% 0.900% 5.000% 0.660% 5.000% 5.000% 5.000% 0.660% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 0.690%

1/1/18 2/1/17 (Prere.) 11/1/16 12/1/17 11/7/16 6/15/17 12/15/17 6/15/18 11/7/16 2/1/17 12/1/18 12/1/19 12/1/20 6/1/17 6/1/18 10/1/17 10/1/18 3/1/20 11/7/16

5,125 16,700 23,800 6,500 325 24,125 7,500 14,540 10,360 3,000 1,000 1,340 1,000 4,990 1,875 365 500 2,000 10,125

5,116 16,879 23,800 6,786 325 24,373 7,539 14,614 10,360 3,025 1,077 1,487 1,138 5,105 1,984 374 523 2,230 10,125 507,187

Indiana (0.8%) Ball State University Housing & Dining System Indiana Revenue Ball State University Housing & Dining System Indiana Revenue Ball State University Housing & Dining System Indiana Revenue Carmel IN Local Public Improvement Bond Bank Revenue Carmel IN Local Public Improvement Bond Bank Revenue Carmel IN Local Public Improvement Bond Bank Revenue Carmel IN Local Public Improvement Bond Bank Revenue Carmel IN Local Public Improvement Bond Bank Revenue Carmel IN Local Public Improvement Bond Bank Revenue Indiana Finance Authority Economic Development Revenue (Republic Services Inc. Project) PUT Indiana Finance Authority Hospital Revenue (Community Health Network) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group)

18

5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 0.700% 5.000% 3.000% 5.000% 4.000%

7/1/18 7/1/19 7/1/20 1/15/18 7/15/18 1/15/19 7/15/19 1/15/20 7/15/20 12/1/16 5/1/17 12/1/16 3/1/17 12/1/18

250 200 350 400 500 750 1,000 1,000 805 6,000 520 1,400 4,350 1,500

267 221 397 415 526 815 1,105 1,122 917 6,000 531 1,403 4,412 1,594

Short-Term Tax-Exempt Fund

1

1

Indiana Finance Authority Hospital Revenue (Parkview Health System) Indiana Finance Authority Revenue Indiana Finance Authority Revenue Indiana Finance Authority Revenue Indiana Finance Authority Revenue Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Health & Educational Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Housing & Community Development Authority Revenue (Edgewood Group Apartment Project) PUT Indiana Municipal Power Agency Revenue Indianapolis IN Local Public Improvement Bond Bank Revenue TOB VRDO Purdue University Indiana University COP Richmond IN Hospital Authority Revenue (Reid Hospital & Health Care Services Inc.) Richmond IN Hospital Authority Revenue (Reid Hospital & Health Care Services Inc.) Rockport IN Pollution Control Revenue (Indiana Michigan Power Co. Project) PUT Zionsville IN Community Schools Building Corp. Revenue TOB VRDO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

4.000% 5.000% 5.000% 5.000% 5.000%

5/1/17 2/1/18 2/1/19 2/1/19 2/1/20

500 1,415 3,730 815 1,860

508 1,489 4,064 889 2,096

5.000% 5.000% 5.000%

3/1/17 10/1/17 10/1/18

1,000 350 410

1,014 363 441

4.100% 4.100% 1.600% 1.600% 1.150% 1.250% 1.500% 1.500%

11/3/16 11/3/16 2/1/17 (Prere.) 2/1/17 12/1/17 5/1/20 5/1/20 5/1/20

2,080 1,000 50 9,950 2,770 2,300 3,690 5,000

2,080 1,000 50 9,966 2,772 2,286 3,695 5,006

1.150% 5.000% 0.780% 5.000% 4.000% 5.000% 1.750% 0.760%

3/1/18 1/1/17 11/7/16 7/1/19 1/1/18 1/1/19 6/1/18 11/7/16 (4)LOC

5,425 1,250 23,935 1,000 1,960 1,000 5,500 5,980

5,428 1,259 23,935 1,105 2,027 1,079 5,525 5,980 103,782

Iowa (0.3%) Iowa Board of Regents Hospital Revenue (University of Iowa Hospitals & Clinics) Iowa Finance Authority Revenue Iowa Special Obligation Revenue Iowa Special Obligation Revenue Iowa Special Obligation Revenue

4.000% 5.000% 5.000% 5.000% 5.000%

9/1/18 8/1/19 6/1/18 6/1/19 6/1/20

3,525 6,700 11,055 5,500 8,000

3,720 7,433 11,765 6,055 9,083 38,056

Kansas (0.4%) Johnson County KS Unified School District No. 233 GO Johnson County KS Unified School District No. 233 GO Johnson County KS Unified School District No. 233 GO 3 Kansas Department of Transportation Highway Revenue 3 Kansas Department of Transportation Highway Revenue Kansas Department of Transportation Highway Revenue 3 Kansas Department of Transportation Highway Revenue Kansas Development Finance Authority Revenue Wichita KS GO Wichita KS Hospital Facilities Revenue (Via Christi Health System Inc.) Wyandotte County/Kansas City KS Unified Government Utility System Revenue Wyandotte County/Kansas City KS Unified Government Utility System Revenue

2.000% 2.000% 5.000% 0.593% 0.673% 5.000% 0.753% 5.000% 1.250% 5.000% 4.000% 5.000%

9/1/17 9/1/18 9/1/20 9/1/17 9/1/18 9/1/18 9/1/19 5/1/20 10/13/17 11/15/16 (ETM) 9/1/17 9/1/19

750 1,250 1,250 4,100 3,500 1,000 3,000 1,340 39,295 750 1,000 500

758 1,274 1,428 4,095 3,477 1,075 2,972 1,512 39,327 751 1,026 553 58,248

Kentucky (1.1%) Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) Carroll County KY Pollution Control Revenue (Kentucky Utilities Co. Project) PUT Kentucky Asset/Liability Commission Agency Fund Revenue (Federal Highway Trust) Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) Kentucky Economic Development Finance Authority Medical Center Revenue (King’s Daughters Medical Center Project) Kentucky Economic Development Finance Authority Solid Waste Revenue (Republic Services Inc. Project) PUT Kentucky Municipal Power Agency Power System Revenue Kentucky Municipal Power Agency Power System Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue

19

4.000% 4.000% 4.000% 4.000% 1.050% 5.000% 5.000% 5.000% 5.000%

2/1/17 2/1/18 2/1/19 2/1/20 9/1/19 9/1/17 5/1/18 5/1/19 5/1/20

325 325 375 400 6,875 1,500 1,280 2,665 1,000

327 335 393 427 6,800 1,551 1,357 2,922 1,129

5.000%

2/1/17

510

515

3,500 500 1,500 2,800 2,715 10,175 2,550

3,500 516 1,598 2,888 2,896 10,854 2,806

0.700% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

12/1/16 9/1/17 (14) 9/1/18 (14) 8/1/17 8/1/18 8/1/18 8/1/19

Short-Term Tax-Exempt Fund

2

Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Public Transportation Infrastructure Authority Toll Revenue (Downtown Crossing Project) BAN Kentucky Public Transportation Infrastructure Authority Toll Revenue (Downtown Crossing Project) BAN Louisville & Jefferson County KY Metropolitan Government Health System Revenue (Norton Healthcare Obligated Group) Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) Louisville & Jefferson County KY Metropolitan Sewer & Drain System BAN Warren County KY Hospital Revenue (Bowling Green-Warren County Community Hospital Corp. Project)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000%

8/1/19 8/1/20 8/1/20

13,270 2,600 20,985

14,604 2,939 23,721

3.000%

7/1/17

250

254

5.000%

7/1/17

38,775

39,792

5.500% 5.000% 5.000% 3.500%

10/1/17 12/1/17 12/1/18 11/15/17

5,445 2,500 1,750 25,000

5,671 2,600 1,876 25,683

4.000%

4/1/17

200

203 158,157

Louisiana (1.4%) Bossier City LA Utilities Revenue East Baton Rouge Parish LA Pollution Control Revenue (Exxon Corp.) VRDO 3 East Baton Rouge Parish LA Sewer Commission Revenue PUT Lafayette LA Communications System Revenue Lafayette LA Communications System Revenue Lafayette LA Communications System Revenue Louisiana Citizens Property Insurance Corp. Assessment Revenue Louisiana Citizens Property Insurance Corp. Assessment Revenue Louisiana Citizens Property Insurance Corp. Assessment Revenue 3 Louisiana Gasoline & Fuel Tax Revenue PUT 3 Louisiana Gasoline & Fuel Tax Revenue PUT 3 Louisiana Gasoline & Fuel Tax Revenue PUT Louisiana Offshore Terminal Authority Deep Water Port Revenue (LOOP LLC Project) PUT 1 Louisiana Public Facilities Authority Hospital Revenue (Franciscan Missionaries of Our Lady Health System Project) TOB VRDO Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) New Orleans LA GO New Orleans LA GO New Orleans LA Sewage Service Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue Tobacco Settlement Financing Corp. Louisiana Revenue Tobacco Settlement Financing Corp. Louisiana Revenue Tobacco Settlement Financing Corp. Louisiana Revenue

5.500% 0.490% 0.870% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.839% 0.840% 0.919% 2.200%

10/1/18 11/1/16 8/1/18 11/1/17 11/1/18 11/1/19 6/1/17 6/1/18 6/1/19 5/1/17 5/1/18 5/1/18 10/1/17

(Prere.)

0.750% 3.000% 3.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/7/16 (4) 5/15/17 5/15/18 5/15/19 12/1/18 12/1/19 6/1/17 12/1/17 12/1/18 5/15/17 5/15/18 5/15/19

(4) (4) (4)

19,215 16,100 24,005 585 1,620 2,500 8,500 5,000 10,645 55,500 13,500 9,535 4,125

20,879 16,100 23,889 608 1,740 2,766 8,700 5,301 11,651 55,519 13,461 9,507 4,155

5,000 250 300 300 700 775 1,000 290 500 3,730 9,000 2,740

5,000 253 309 320 743 840 1,024 302 538 3,811 9,496 2,982 199,894

Maine (0.0%) Maine GO Maine GO

5.000% 4.250%

6/1/18 6/1/19

3,855 1,000

4,109 1,084 5,193

Maryland (3.3%) Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Baltimore County MD GO Baltimore MD Consolidated Public Improvement GO Baltimore MD Consolidated Public Improvement GO Frederick County MD GO Frederick County MD GO Frederick County MD GO Harford County MD Public Improvement GO Howard County MD GO Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

20

4/1/17 4/1/18 4/1/18 4/1/18 4/1/18 4/1/18 4/1/18 10/1/18 10/1/18 10/1/18 4/1/19 2/1/19 8/1/20 8/1/20 8/1/18 8/1/19 8/1/20 2/1/19 8/15/19 12/15/18 12/15/19

6,960 2,000 2,585 980 11,300 2,590 6,960 4,295 3,085 1,455 12,750 2,800 4,730 3,795 2,800 2,945 2,145 6,980 1,375 16,020 17,875

7,086 2,117 2,736 1,037 11,961 2,742 7,367 4,631 3,326 1,569 13,979 3,055 5,256 4,347 3,002 3,269 2,457 7,615 1,528 17,409 20,087

Short-Term Tax-Exempt Fund

3

3

3

Maryland Economic Development Corp. Revenue (Constellation Energy Group, Inc. Project) PUT Maryland Economic Development Corp. Student Housing Revenue (University of Maryland College Park) Maryland Economic Development Corp. Student Housing Revenue (University of Maryland College Park) Maryland Economic Development Corp. Student Housing Revenue (University of Maryland College Park) Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland Health & Higher Educational Facilities Authority Revenue (Anne Arundel Health System) Maryland Health & Higher Educational Facilities Authority Revenue (Johns Hopkins Health System Obligated Group) Maryland Health & Higher Educational Facilities Authority Revenue (Johns Hopkins Health System Obligated Group) PUT Maryland Health & Higher Educational Facilities Authority Revenue (Johns Hopkins Health System Obligated Group) PUT Maryland Health & Higher Educational Facilities Authority Revenue (Johns Hopkins Health System Obligated Group) PUT Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (Peninsula Regional Medical Center) Maryland Health & Higher Educational Facilities Authority Revenue (Peninsula Regional Medical Center) Maryland Health & Higher Educational Facilities Authority Revenue (Western Maryland Health System) Maryland Health & Higher Educational Facilities Authority Revenue (Western Maryland Health System) Maryland Water Quality Financing Administration Bay Restoration Revolving Loan Fund Revenue Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Prince Georges County MD GO Prince Georges County MD GO Prince Georges County MD GO Prince Georges County MD GO University of Maryland Auxiliary Facility & Tuition Revenue University of Maryland Auxiliary Facility & Tuition Revenue Washington MD Suburban Sanitary Commission GO Washington MD Suburban Sanitary Commission GO Washington Suburban Sanitation District Maryland GO Washington Suburban Sanitation District Maryland GO Washington Suburban Sanitation District Maryland GO Washington Suburban Sanitation District Maryland GO Washington Suburban Sanitation District Maryland GO Washington Suburban Sanitation District Maryland GO Westminster MD Educational Facilities Revenue (McDaniel College Inc.) Westminster MD Educational Facilities Revenue (McDaniel College Inc.) Westminster MD Revenue (Lutheran Village at Miller’s Grant)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

2.550%

6/1/20

8,900

9,007

4.000%

6/1/17 (4)

1,250

1,274

4.000%

6/1/18 (4)

810

849

4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000%

6/1/19 (4) 3/1/17 3/1/18 3/15/18 8/1/18 11/1/18 3/1/19 3/1/19 3/15/19 3/15/19 6/1/19 8/1/19 11/1/19 6/1/20 7/1/17

675 1,450 3,395 5,000 2,200 1,375 10,000 3,420 1,090 9,285 18,490 5,000 7,855 44,410 500

726 1,471 3,584 5,286 2,359 1,488 10,942 3,742 1,194 10,174 20,409 5,550 8,792 50,607 511

5.000%

7/1/18

1,000

1,070

1.183%

11/15/17

11,905

11,897

0.933%

5/15/18

4,900

4,890

0.953% 5.000% 5.000% 5.000% 5.000% 5.000%

5/15/18 8/15/17 8/15/18 8/15/19 7/1/17 7/1/19

9,625 2,020 2,000 2,600 500 900

9,609 2,087 2,142 2,877 514 988

5.000%

7/1/17

1,790

1,841

5.000%

7/1/18

1,695

1,809

5.000%

7/1/17

5,000

5,132

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.875%

7/1/18 3/1/19 11/1/16 11/1/17 7/1/19 8/1/19 12/1/19 9/1/17 3/1/18 8/1/19 3/1/20 4/1/19 4/1/20 6/1/19 6/1/20 6/1/18 6/1/18 6/1/19 6/1/19 6/1/20 6/1/20 11/1/19 11/1/20 7/1/19

6,195 10,570 5,800 4,800 12,820 1,570 14,950 8,015 5,280 5,075 1,950 4,800 4,040 4,285 12,870 7,290 2,000 7,585 7,260 4,820 2,500 1,640 1,735 1,065

6,580 11,555 5,800 5,005 14,191 1,743 16,779 8,302 5,572 5,629 2,203 5,263 4,574 4,730 14,214 7,768 2,131 8,372 8,013 5,493 2,849 1,801 1,952 1,083 460,999

Massachusetts (4.4%) Boston MA GO Boston MA GO

5.000% 5.000%

21

2/1/18 8/1/18

7,965 4,045

8,383 4,338

Short-Term Tax-Exempt Fund

1,3

1 1

3 3

3

3 3 3

3 4 3

1 1

1,3 1 1

Boston MA GO Eaton Vance Massachusetts Municipal Bond Fund Massachusetts Bay Transportation Authority Sales Tax Revenue Massachusetts Bay Transportation Authority Sales Tax Revenue Massachusetts Bay Transportation Authority Sales Tax Revenue PUT Massachusetts Bay Transportation Authority Sales Tax Revenue TOB VRDO Massachusetts Bay Transportation Authority Sales Tax Revenue TOB VRDO Massachusetts Clean Water Trust Revenue Massachusetts Development Finance Agency Revenue (Partners Healthcare) PUT Massachusetts Development Finance Agency Revenue (Partners Healthcare) PUT Massachusetts Development Finance Agency Revenue (South Shore Hospital Inc.) Massachusetts Development Finance Agency Revenue (South Shore Hospital Inc.) Massachusetts Development Finance Agency Revenue (South Shore Hospital Inc.) Massachusetts Development Finance Agency Revenue (South Shore Hospital Inc.) Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) Massachusetts Development Finance Agency Revenue (Williams College) PUT Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO PUT Massachusetts GO PUT Massachusetts GO TOB VRDO Massachusetts GO TOB VRDO Massachusetts Health & Educational Facilities Authority Revenue (Amherst College) PUT Massachusetts Health & Educational Facilities Authority Revenue (Amherst College) PUT Massachusetts Health & Educational Facilities Authority Revenue (MIT) Massachusetts Health & Educational Facilities Authority Revenue (Partners Healthcare System) Massachusetts Health & Educational Facilities Authority Revenue (Partners Healthcare System) Massachusetts Health & Educational Facilities Authority Revenue (Partners Healthcare System) Massachusetts Health & Educational Facilities Authority Revenue (UMass Memorial Medical Center) Massachusetts Port Authority Revenue Massachusetts School Building Authority Dedicated Sales Tax Revenue Massachusetts School Building Authority Dedicated Sales Tax Revenue Massachusetts Water Pollution Abatement Trust Revenue Massachusetts Water Resources Authority Revenue TOB PUT Massachusetts Water Resources Authority Revenue TOB VRDO Massachusetts Water Resources Authority Revenue TOB VRDO University of Massachusetts Building Authority Revenue PUT

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 1.630% 5.250% 5.000% 0.930% 0.720% 0.730% 5.000% 1.180% 1.110% 3.000% 3.000% 4.000% 4.000% 5.000% 5.000% 5.000% 0.910% 5.500% 0.970% 0.750% 0.990% 2.000% 2.000% 2.000% 1.060% 5.000% 0.930% 1.050% 0.720% 0.660% 1.700% 0.800% 6.000% 0.890% 0.850% 0.840%

3/1/20 7/1/19 7/1/18 7/1/19 5/30/17 11/1/16 11/7/16 2/1/19 1/30/18 1/29/20 7/1/17 7/1/18 7/1/19 7/1/20 7/1/17 7/1/18 7/1/20 7/1/17 12/1/16 1/1/17 2/1/17 2/1/17 4/24/17 5/22/17 6/26/17 1/1/18 8/1/18 8/1/17 7/1/20 11/1/16 11/7/16 11/1/16 12/1/17 7/1/18 11/2/16 11/3/16 11/4/16

1,850 6,475 1,000 9,500 29,195 25,435 29,957 3,305 8,785 5,500 2,310 1,000 800 600 2,260 500 1,435 15,360 2,500 14,100 65,000 15,485 31,850 83,000 40,000 9,100 4,185 25,000 23,500 14,765 1,850 9,355 2,000 3,115 22,545 6,000 9,000

1,876 6,434 1,072 10,495 29,195 25,435 29,957 3,607 8,785 5,397 2,341 1,030 855 654 2,318 530 1,603 15,342 2,510 14,100 65,000 15,485 32,047 83,569 40,358 9,103 4,484 24,989 23,249 14,765 1,850 9,355 1,996 3,376 22,545 6,000 9,000

5.000% 4.000% 5.000% 5.000% 5.250% 0.830% 0.750% 0.750% 0.930%

7/1/20 7/1/18 5/15/19 5/15/19 8/1/19 1/3/17 11/7/16 11/7/16 5/30/17

1,500 1,320 775 225 1,000 4,750 19,350 30,115 9,390

1,676 1,388 853 248 1,117 4,750 19,350 30,115 9,390

(4)

(Prere.)

(4)LOC

(Prere.) (4) (4) (4)

(ETM)

LOC (4)LOC LOC

612,315 Michigan (2.3%) 1 Detroit MI City School District GO TOB VRDO 1 Detroit MI City School District GO TOB VRDO Detroit MI Water Supply System Revenue East Lansing MI School District GO East Lansing MI School District GO East Lansing MI School District GO 1 Great Lakes MI Water Authority Sewer Disposal System Revenue TOB VRDO Kent Hospital Finance Authority Michigan Revenue (Spectrum Health System) Lansing MI School District GO Lansing MI School District GO Lincoln MI Consolidated School District GO Lincoln MI Consolidated School District GO Lincoln MI Consolidated School District GO Livonia MI Public Schools School District GO Livonia MI Public Schools School District GO Marysville MI Public Schools District GO Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Finance Authority Revenue

0.930% 1.490% 5.000% 5.000% 5.000% 5.000% 0.830% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 4.000% 5.000% 5.000% 5.000% 4.000%

22

11/7/16 11/7/16 11/14/16 5/1/17 5/1/18 5/1/19 11/7/16 11/15/18 5/1/18 5/1/19 5/1/17 5/1/19 5/1/20 5/1/17 5/1/18 5/1/19 4/15/18 10/15/18 4/15/19 10/1/17

(18) (18) (Prere.)

(4)

(4) (4) (4) (15) (15)

10,245 17,845 5,900 650 335 450 6,235 1,500 1,395 765 1,000 1,100 1,000 1,000 850 1,425 2,750 6,020 8,300 1,155

10,245 17,845 5,909 664 355 493 6,235 1,616 1,458 838 1,020 1,199 1,120 1,014 900 1,526 2,911 6,487 9,089 1,185

Short-Term Tax-Exempt Fund

1

2

1

1

Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue (Beaumont Health Obligated Group) Michigan Finance Authority Revenue (Beaumont Health Obligated Group) Michigan Finance Authority Revenue (Beaumont Health Obligated Group) Michigan Finance Authority Revenue (Beaumont Health Obligated Group) TOB Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Sparrow Obligated Group) Michigan Finance Authority Revenue (Sparrow Obligated Group) Michigan Finance Authority Revenue (Sparrow Obligated Group) Michigan Finance Authority Revenue (State Clean Water Revolving Fund) Michigan Finance Authority Revenue (State Clean Water Revolving Fund) Michigan Finance Authority Revenue (Trinity Health Credit Group) Michigan Finance Authority Revenue (Trinity Health Credit Group) Michigan Finance Authority Revenue (Unemployment Obligation Assessment) Michigan Finance Authority Revenue (Unemployment Obligation Assessment) Michigan Finance Authority Revenue (Unemployment Obligation Assessment) Michigan Finance Authority Revenue (Unemployment Obligation Assessment) Michigan GO Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) Michigan Hospital Finance Authority Revenue (McLaren Health Care) Michigan Hospital Finance Authority Revenue (McLaren Health Care) Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University) Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University) Michigan Trunk Line Revenue Michigan Trunk Line Revenue Portage MI Public Schools GO Portage MI Public Schools GO Portage MI Public Schools GO Portage MI Public Schools GO Rockford MI Public Schools GO Rockford MI Public Schools GO Royal Oak MI City School District GO Royal Oak MI City School District GO Saginaw Valley State University Michigan Revenue TOB VRDO St. Johns MI Public Schools School District GO University of Michigan Revenue University of Michigan Revenue Wayne State University Michigan Revenue TOB VRDO

VRDO

PUT PUT PUT PUT PUT PUT

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 0.830% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 3.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.500% 0.950% 0.950% 2.000% 1.400% 1.500% 5.000% 5.750%

10/1/18 4/1/19 4/1/20 4/1/21 8/1/18 8/1/19 8/1/20 11/7/16 7/1/17 7/1/17 7/1/17 7/1/17 7/1/18 7/1/18 7/1/18 7/1/18 7/1/19 7/1/19 7/1/19 7/1/20 11/15/16 11/15/17 11/15/18 10/1/18 10/1/19 12/1/18 12/1/19 1/1/18 7/1/18 1/1/19 1/1/20 12/1/17 3/15/17 2/1/18 2/1/18 5/30/18 6/29/18 5/1/20 6/1/17 5/15/18

1,135 23,360 3,800 4,350 1,500 3,000 1,250 6,060 1,355 5,000 5,000 500 1,000 6,000 5,500 1,150 2,855 800 3,500 300 800 350 750 1,770 2,005 250 500 6,425 10,275 22,000 6,335 2,715 7,875 360 10,640 15,000 11,750 3,165 2,100 2,500

1,214 25,284 4,218 4,935 1,574 3,218 1,368 6,060 1,389 5,134 5,130 512 1,058 6,372 5,841 1,216 3,125 873 3,831 335 801 361 793 1,840 2,236 271 559 6,738 10,983 23,916 7,002 2,839 7,892 360 10,629 15,209 11,804 3,176 2,151 2,686

4.000%

3/1/17

250

253

500 5,000 13,500 1,180 525 1,465 750 845 1,360 1,300 1,000 5,000 7,250 2,215 1,500 2,500

520 5,009 14,095 1,272 575 1,630 857 870 1,456 1,328 1,060 5,000 7,918 2,431 1,701 2,500

4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000% 4.000% 5.000% 5.000% 0.800% 5.000% 5.000% 5.000% 0.780%

(14)

(14) (14) (14) (14)

(Prere.)

(Prere.)

3/1/18 11/15/16 11/15/17 11/1/18 5/1/19 11/1/19 11/1/20 5/1/18 5/1/19 5/1/17 5/1/18 11/7/16 (4) 5/1/19 (18) 4/1/19 4/1/20 11/7/16

315,517 Minnesota (1.3%) Hennepin County MN GO Hennepin County MN GO Hennepin County MN GO Hennepin County MN GO Minneapolis & St. Paul MN Metropolitan Council Transit GO Minneapolis & St. Paul MN Metropolitan Council Transit GO Minneapolis & St. Paul MN Metropolitan Council Wastewater GO Minneapolis MN GO

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 2.000%

23

12/1/16 12/1/16 12/15/17 12/1/18 3/1/18 3/1/19 3/1/19 12/1/18

1,180 4,035 4,355 4,605 3,130 3,230 4,485 12,800

1,184 4,050 4,563 4,997 3,304 3,534 4,906 13,086

Short-Term Tax-Exempt Fund

Minneapolis MN Health Care System Revenue (Fairview Health Services) Minneapolis MN Health Care System Revenue (Fairview Health Services) Minnesota General Fund Revenue Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota Higher Education Facilities Authority Revenue (Carleton College) VRDO Minnesota Public Facilities Authority Revenue (State Revolving Fund) Minnesota Public Facilities Authority Revenue (State Revolving Fund) Minnesota Public Facilities Authority Water Pollution Control Revenue Shakopee MN Healthcare Facilities Revenue (St. Francis Regional Medical Center) Shakopee MN Healthcare Facilities Revenue (St. Francis Regional Medical Center) Shakopee MN Healthcare Facilities Revenue (St. Francis Regional Medical Center) University of Minnesota Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.690% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/15/18 11/15/19 3/1/17 10/1/17 8/1/18 8/1/19 8/1/19 8/1/19 8/1/20 8/1/20 8/1/20 8/1/20 11/7/16 3/1/18 3/1/19 3/1/19 9/1/17 9/1/18 9/1/19 12/1/18

750 750 2,000 3,545 3,295 2,275 12,920 5,940 10,000 10,750 32,940 13,070 5,575 7,860 4,125 5,700 465 885 555 1,750

792 831 2,029 3,684 3,532 2,524 14,342 6,590 11,455 12,305 37,705 14,961 5,575 8,297 4,514 6,237 481 946 612 1,897 178,933

Mississippi (0.5%) Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) Jackson County MS Pollution Control Revenue (Chevron USA Inc.) VRDO Jackson MS Public School District GO Jackson MS Public School District GO Jackson MS Public School District GO Mississippi Business Finance Corp. Mississippi Gulf Opportunity Zone (Chevron USA Inc. Project) VRDO Mississippi GO 3 Mississippi GO 3 Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Health System) PUT

5.000% 5.000% 0.500% 5.000% 5.000% 5.000%

7/1/19 7/1/20 11/1/16 4/1/18 4/1/19 4/1/20

0.500% 5.250% 1.160% 1.930%

11/1/16 11/1/16 (14) 9/1/17 8/15/20

1,250 1,000 9,700 500 1,660 1,500

1,357 1,110 9,700 527 1,804 1,677

35,125 2,550 5,390 7,850

35,125 2,550 5,395 7,787 67,032

Missouri (0.7%) Curators of the University of Missouri System Facilities Revenue Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) Joplin MO Industrial Development Authority Health Facilities Revenue (Freeman Health System) Joplin MO Industrial Development Authority Health Facilities Revenue (Freeman Health System) Kansas City MO Airport Revenue Kansas City MO Special Obligation Revenue Kansas City MO Special Obligation Revenue Kansas City MO Special Obligation Revenue Kansas City MO Special Obligation Revenue Kansas City MO Special Obligation Revenue Kansas City MO Special Obligation Revenue Kansas City MO Special Obligation Revenue (Downtown Arena Project) Kansas City MO Special Obligation Revenue (Downtown Arena Project) Kansas City MO Special Obligation Revenue (Downtown Arena Project) Missouri Environmental Improvement & Energy Resources Authority Revenue Missouri Environmental Improvement & Energy Resources Authority Revenue Missouri Environmental Improvement & Energy Resources Authority Revenue (Kansas City Power & Light) Missouri Highways & Transportation Commission Road Revenue Missouri Highways & Transportation Commission Road Revenue Missouri Highways & Transportation Commission Road Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue Springfield MO Public Utility Revenue St. Louis County MO Rockwood School District GO St. Louis MO Parking Revenue St. Louis MO Parking Revenue St. Louis MO Parking Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/19 12/1/17 2/15/18 2/15/19 9/1/17 10/1/18 10/1/18 10/1/19 10/1/19 10/1/20 10/1/20 4/1/18 4/1/19 4/1/20 1/1/19 1/1/20

1.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000%

7/1/17 5/1/17 5/1/19 5/1/20 1/1/17 1/1/18 8/1/18 2/1/20 12/15/17 12/15/19 12/15/20

(Prere.)

(4) (4) (4)

5,000 2,000 425 645 1,250 925 5,000 2,510 2,750 1,260 2,000 3,675 2,000 2,660 1,000 1,000

5,594 2,090 446 697 1,292 993 5,366 2,776 3,041 1,431 2,271 3,877 2,178 2,980 1,088 1,124

4,000 11,000 1,000 1,145 2,420 2,400 16,375 12,775 1,285 1,000 1,000

4,012 11,245 1,101 1,298 2,437 2,510 17,540 13,973 1,341 1,114 1,139 94,954

Montana (0.0%) Montana Facility Finance Authority Revenue (Sisters of Charity of Leavenworth Health System)

24

5.000%

1/1/18

1,875

1,964

Short-Term Tax-Exempt Fund

Coupon Multiple States (0.5%) 1,3 Eaton Vance Municipal Bond Fund II 1 Nuveen AMT-Free Municipal Income Fund VRDP VRDO 1 Nuveen AMT-Free Quality Municipal Income Fund VRDP VRDO Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund VRDP VRDO

1.680% 0.770% 0.730% 0.730%

Maturity Date 7/1/19 11/7/16 LOC 11/7/16 LOC 11/7/16 LOC

Face Amount ($000)

Market Value• ($000)

8,850 18,700 37,600 10,000

8,851 18,700 37,600 10,000 75,151

Nebraska (0.5%) Central Plains Energy Project Nebraska Gas Supply Revenue PUT Douglas County NE GO Douglas County NE GO Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) Lincoln County NE Hospital Authority No. 1 Hospital Revenue (Great Plains Regional Medical Center Project) Lincoln County NE Hospital Authority No. 1 Hospital Revenue (Great Plains Regional Medical Center Project) University of Nebraska Facilities Corp. Revenue University of Nebraska Facilities Corp. Revenue University of Nebraska Student Fee Revenue University of Nebraska Student Fee Revenue University of Nebraska Student Fee Revenue University of Nebraska Student Health & Recreation Project Revenue University of Nebraska Student Health & Recreation Project Revenue

5.000% 4.000% 5.000%

12/1/19 12/15/18 12/15/19

30,000 2,500 2,605

33,090 2,660 2,916

3.000%

11/1/16

685

685

3.000%

11/1/17

700

713

4.000%

11/1/18

925

974

4.000%

11/1/16

500

500

4.000% 5.000% 3.000% 5.000% 4.000% 4.000% 4.000% 4.000%

11/1/17 7/15/18 7/15/19 7/1/17 7/1/18 7/1/19 5/15/18 5/15/19

500 4,685 5,530 1,105 2,785 2,395 1,070 1,110

514 5,005 5,812 1,136 2,926 2,580 1,120 1,192 61,823

Nevada (0.4%) Clark County NV School District GO Clark County NV School District GO Clark County NV School District GO Humboldt County NV Pollution Control Revenue (Sierra Pacific Power Co.) PUT Nevada GO Nevada Unemployment Compensation Revenue

5.000% 5.000% 5.000% 1.250% 5.000% 5.000%

6/15/17 6/15/17 6/15/18 6/3/19 4/1/19 6/1/17

11,105 7,015 3,865 1,750 16,405 10,000

11,400 7,201 4,118 1,749 17,953 10,252 52,673

New Hampshire (0.1%) 2 New Hampshire Health & Education Facilities 2 New Hampshire Health & Education Facilities 2 New Hampshire Health & Education Facilities 1 New Hampshire Health & Education Facilities 2 New Hampshire Health & Education Facilities (Southern New Hampshire Medical Center)

Authority Authority Authority Authority Authority

Revenue Revenue Revenue Revenue Revenue

(Elliott Hospital Obligated Group) (Elliott Hospital Obligated Group) (Elliott Hospital Obligated Group) (LRGHealthcare) TOB VRDO

5.000% 5.000% 5.000% 0.670%

10/1/18 10/1/19 10/1/20 11/7/16

450 600 1,265 15,645

3.000%

10/1/19

1,230

478 654 1,411 15,645 1,287 19,475

New Jersey (4.2%) Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue (Cooper Health System Obligated Group) Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue (Cooper Health System Obligated Group) 1,3 Eaton Vance New Jersey Municipal Bond Fund II Essex County NJ Utilities Authority Revenue Howell Township NJ BAN Hudson County NJ Improvement Authority Essential Purpose Pooled Governmental Loan Revenue VRDO Long Branch NJ BAN Monmouth County NJ GO Monmouth County NJ GO Monmouth County NJ Improvement Authority Revenue (Pooled Government Loan) Monroe Township NJ Board of Education GO Monroe Township NJ Board of Education GO New Jersey Economic Development Authority Revenue New Jersey Economic Development Authority Revenue New Jersey Economic Development Authority Revenue (Cigarette Tax) New Jersey Economic Development Authority Revenue (Cigarette Tax) New Jersey Economic Development Authority Revenue (School Facilities Construction) 3 New Jersey Economic Development Authority Revenue (School Facilities Construction) 1 New Jersey Economic Development Authority Revenue (School Facilities Construction) TOB VRDO

25

5.000%

2/15/18

2,775

2,906

5.000% 1.630% 3.000% 2.000%

2/15/19 7/1/19 11/4/16 10/19/17

3,050 8,700 5,625 11,850

3,292 8,701 5,626 11,959

0.640% 1.750% 4.000% 4.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.530%

11/7/16 LOC 2/10/17 1/15/17 1/15/18 12/1/20 8/1/17 8/1/18 3/1/18 6/15/19 6/15/17 6/15/18 12/15/16 2/1/17

1,100 10,600 1,075 1,350 2,575 1,085 2,070 14,425 50,000 5,800 3,235 2,055 19,160

1,100 10,620 1,082 1,402 2,973 1,109 2,171 15,041 53,808 5,913 3,386 2,064 19,159

0.780%

11/7/16 LOC

18,310

18,310

Short-Term Tax-Exempt Fund

Coupon

1

2 2 2

3

1 3 3 3 3 1

New Jersey Economic Development Authority Revenue (School Facilities Construction) VRDO New Jersey Equipment Lease Purchase COP New Jersey Health Care Facilities Financing Authority Revenue (AHS Hospital Corp.) New Jersey Health Care Facilities Financing Authority Revenue (AHS Hospital Corp.) New Jersey Health Care Facilities Financing Authority Revenue (Holy Name Medical Center) New Jersey Health Care Facilities Financing Authority Revenue (Hospital Capital Asset Pooled Program) VRDO New Jersey Health Care Facilities Financing Authority Revenue (Meridian Health System Obligated Group) New Jersey Health Care Facilities Financing Authority Revenue (Palisades Medical Center Obligated Group) New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (Robert Wood Johnson University) VRDO New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) New Jersey Higher Education Assistance Authority Student Loan Revenue TOB VRDO New Jersey Housing & Mortgage Finance Agency Multi-Family Housing Revenue New Jersey Housing & Mortgage Finance Agency Multi-Family Housing Revenue New Jersey Transportation Corp. GAN New Jersey Transportation Corp. GAN New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue PUT New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue TOB VRDO New Jersey Turnpike Authority Revenue New Jersey Turnpike Authority Revenue PUT New Jersey Turnpike Authority Revenue PUT New Jersey Turnpike Authority Revenue PUT New Jersey Turnpike Authority Revenue TOB VRDO Tobacco Settlement Financing Corp. New Jersey Revenue

Maturity Date

1.360% 5.000% 5.000% 5.000% 4.000%

2/1/17 6/15/18 7/1/18 (ETM) 7/1/18 7/1/17

0.630%

11/7/16 LOC

Face Amount ($000)

Market Value• ($000)

29,000 4,550 2,390 110 1,000

28,986 4,789 2,553 117 1,018

6,300

6,300

5.000%

7/1/17

2,000

2,054

5.000% 4.000% 5.000%

7/1/17 7/1/17 7/1/20

1,305 1,500 2,100

1,337 1,529 2,364

3,400 5,105 1,300 1,200 1,000 750 2,000 1,000 5,000 3,100 7,000 14,500 16,345 38,550 42,510 27,350 5,000 6,000 7,140 35,000 4,200 13,425 9,070 10,850 35,000 30,000 2,500 5,000 6,500 3,000

3,400 5,205 1,337 1,280 1,085 785 2,142 1,097 5,000 3,099 6,982 14,919 17,265 41,507 46,583 28,615 5,120 6,315 7,601 34,353 4,301 13,969 9,547 10,850 35,004 30,002 2,500 5,014 6,500 3,075

0.590% 4.000% 3.000% 4.000% 4.000% 4.000% 4.000% 5.000% 0.850% 1.000% 1.050% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.750% 1.630% 5.000% 5.000% 5.000% 0.900% 1.110% 1.250% 1.250% 1.310% 0.830% 5.000%

11/7/16 LOC 7/1/17 7/1/18 7/1/19 7/1/20 7/1/18 7/1/19 7/1/19 11/7/16 11/1/17 5/1/18 9/15/17 9/15/18 6/15/19 6/15/20 6/15/21 6/15/17 6/15/18 6/15/18 12/15/19 6/15/17 12/15/17 6/15/18 11/7/16 1/1/17 1/1/17 1/1/17 1/1/18 11/7/16 (4) 6/1/17

576,121 New Mexico (0.5%) Farmington NM Pollution Control Revenue (El Paso Electric Co. Four Corners Project) PUT 3 New Mexico Municipal Energy Acquisition Authority Gas Supply Revenue 3 New Mexico Municipal Energy Acquisition Authority Gas Supply Revenue 3 New Mexico Municipal Energy Acquisition Authority Gas Supply Revenue PUT New Mexico Severance Tax Revenue

1.875% 0.923% 0.973% 1.103% 4.000%

9/1/17 2/1/18 8/1/18 8/1/19 7/1/18 (Prere.)

4,500 5,010 5,200 37,500 16,245

4,517 4,999 5,189 37,321 17,087 69,113

New York (15.9%) Binghamton NY City School District BAN Binghamton NY City School District BAN Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) Buffalo & Erie County NY Industrial Land Development Corp. Revenue Buffalo & Erie County NY Industrial Land Development Corp. Revenue Central Islip NY Union Free School District BAN Clarence NY BAN Dobbs Ferry NY Union Free School District BAN 1,3 Eaton Vance New York Municipal Bond Fund II Erie County NY Industrial Development Agency School Facility Revenue (Buffalo City School District Project) Frontier NY Central School District BAN Guilderland NY Central School District BAN Hempstead NY BAN 1 Hudson Yards Infrastructure Corp. New York Revenue TOB VRDO

26

2.000% 1.500% 5.000% 5.000% 5.000% 5.000% 2.000% 2.000% 2.000% 1.480%

11/18/16 6/30/17 7/15/17 7/15/20 11/15/18 11/15/19 8/16/17 7/21/17 7/28/17 7/1/19

29,680 5,600 250 500 1,000 680 8,500 6,200 3,800 5,750

29,696 5,617 257 561 1,065 743 8,564 6,247 3,826 5,751

5.000% 2.000% 2.000% 2.000% 0.700%

5/1/17 6/27/17 7/14/17 12/16/16 11/7/16 LOC

3,435 26,025 3,268 26,634 6,065

3,512 26,187 3,287 26,670 6,065

Short-Term Tax-Exempt Fund

3

3

1

Johnson City Central School District BAN Lewiston-Porter Central School District BAN Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue PUT Monroe County NY Industrial Development Agency School Facility Revenue (Rochester Schools Modernization Project) Monroe County NY Industrial Development Agency School Facility Revenue (Rochester Schools Modernization Project) Monroe County NY Industrial Development Agency School Facility Revenue (Rochester Schools Modernization Project) Mount Vernon City School District BAN Nassau County NY Health Care Corp. RAN Nassau County NY Local Economic Assistance & Financing Corp. Revenue (Catholic Health Services) Nassau County NY Local Economic Assistance & Financing Corp. Revenue (South Nassau Communities Hospital) Nassau County NY Local Economic Assistance & Financing Corp. Revenue (Winthrop University Hospital Association Project) Nassau County NY Local Economic Assistance Corp. Revenue (Catholic Health Services of Long Island Obligated Group Project) Nassau County NY Local Economic Assistance Corp. Revenue (Catholic Health Services of Long Island Obligated Group Project) Nassau County NY Local Economic Assistance Corp. Revenue (Catholic Health Services of Long Island Obligated Group Project) New Rochelle NY School District TAN New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO VRDO New York City NY GO VRDO New York City NY GO VRDO New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue PUT New York City NY Housing Development Corp. Sustainable Neighborhood Revenue New York City NY Housing Development Corp. Sustainable Neighborhood Revenue New York City NY Housing Development Corp. Sustainable Neighborhood Revenue PUT New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue TOB VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO

27

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

2.000% 2.000% 5.000% 5.000% 1.249%

6/22/17 6/15/17 5/1/17 9/1/17 11/1/18

8,070 9,000 1,000 9,950 17,000

8,119 9,051 1,021 10,289 17,097

5.000%

5/1/17

3,730

3,809

5.000%

5/1/17

1,450

1,481

5.000% 2.000% 2.000%

5/1/18 8/18/17 1/17/17

2,000 8,560 9,000

2,121 8,616 9,013

5.000%

7/1/19

1,305

1,426

5.000%

7/1/17

1,320

1,354

4.000%

7/1/17

1,500

1,527

3.000%

7/1/17

900

912

4.000%

7/1/18

800

837

4.000% 2.000% 0.890% 0.840% 0.890% 0.840% 0.840% 0.840% 0.840% 0.890% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.100% 0.500% 0.510% 0.530% 1.100% 0.850% 0.850% 1.250% 1.250% 1.350% 1.250% 1.500% 1.500% 1.650% 1.650% 1.000% 1.300% 1.375% 1.450% 5.000% 5.000%

7/1/19 6/29/17 11/2/16 11/3/16 11/3/16 11/4/16 11/4/16 11/7/16 11/7/16 11/8/16 8/1/17 8/1/17 8/1/17 8/1/17 8/1/17 8/1/17 8/1/17 8/1/17 8/1/18 8/1/18 8/1/19 8/1/19 8/1/21 11/1/16 11/1/16 11/1/16 11/1/16 11/1/17 11/1/17 5/1/18 5/1/18 5/1/18 11/1/18 11/1/18 11/1/18 5/1/19 5/1/19 10/26/17 11/1/19 5/1/20 4/29/20 6/15/18 6/15/19

375 6,000 30,325 2,000 51,000 7,500 9,800 20,200 27,800 9,500 5,705 4,305 10,000 33,680 34,730 7,280 3,715 20,000 3,250 8,790 15,425 6,190 6,325 73,650 2,505 15,900 2,115 6,215 2,000 12,010 2,390 10,000 27,500 13,090 17,105 24,685 3,005 4,705 13,500 5,750 4,000 4,180 3,100

400 6,041 30,325 2,000 51,000 7,500 9,800 20,200 27,800 9,500 5,846 4,444 10,323 34,767 35,850 7,515 3,835 20,645 3,479 9,408 17,065 6,848 6,325 73,650 2,505 15,900 2,115 6,213 2,000 12,012 2,392 10,012 27,528 13,114 17,136 24,736 3,010 4,705 13,474 5,762 3,984 4,203 3,246

0.730% 0.500%

11/7/16 11/1/16

18,500 4,800

18,500 4,800

(4) (4) (4) (12) (4) (4) (12) (4)

LOC

Short-Term Tax-Exempt Fund

1

1 1 3

3

3 3 3 3

1 3 3 3 3 3 3

3 1

1

New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New

York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York

City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO City NY Transitional Finance Authority Future Tax Revenue City NY Transitional Finance Authority Future Tax Revenue City NY Transitional Finance Authority Future Tax Revenue City NY Transitional Finance Authority Future Tax Revenue City NY Transitional Finance Authority Future Tax Revenue City NY Transitional Finance Authority Future Tax Revenue City NY Transitional Finance Authority Future Tax Revenue City NY Transitional Finance Authority Future Tax Revenue City NY Transitional Finance Authority Future Tax Revenue City NY Transitional Finance Authority Future Tax Revenue City NY Transitional Finance Authority Future Tax Revenue City NY Transitional Finance Authority Future Tax Revenue City NY Transitional Finance Authority Future Tax Revenue City NY Transitional Finance Authority Future Tax Revenue City NY Transitional Finance Authority Future Tax Revenue TOB VRDO City NY Transitional Finance Authority Recovery Revenue VRDO City NY Trust for Cultural Resources Revenue (Museum of Modern Art) Liberty Development Corp. Revenue (Port Authority Consolidated Bonds) TOB VRDO Liberty Development Corp. Revenue (Port Authority Consolidated Bonds) TOB VRDO Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT Metropolitan Transportation Authority Revenue (Transit Revenue) Metropolitan Transportation Authority Revenue (Transit Revenue) Metropolitan Transportation Authority Revenue (Transit Revenue) Metropolitan Transportation Authority Revenue (Transit Revenue) TOB VRDO Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue TOB VRDO State Dormitory Authority Revenue (Columbia University) State Dormitory Authority Revenue (Columbia University) State Dormitory Authority Revenue (New York University Hospitals Center) State Dormitory Authority Revenue (New York University Hospitals Center) State Dormitory Authority Revenue (North Shore - Long Island Jewish Obligated Group) State Dormitory Authority Revenue (North Shore - Long Island Jewish Obligated Group) State Dormitory Authority Revenue (Personal Income Tax) State Dormitory Authority Revenue (Personal Income Tax) State Dormitory Authority Revenue (Personal Income Tax) State Dormitory Authority Revenue (Personal Income Tax) State Dormitory Authority Revenue (Personal Income Tax) State Dormitory Authority Revenue (Personal Income Tax) State Dormitory Authority Revenue (Personal Income Tax) TOB VRDO State Dormitory Authority Revenue (Rockefeller University) VRDO State Dormitory Authority Revenue (School Districts Financing Program) State Dormitory Authority Revenue (School Districts Financing Program) State Dormitory Authority Revenue (School Districts Financing Program) State Dormitory Authority Revenue (School Districts Financing Program) State Dormitory Authority Revenue (School Districts Financing Program) State Dormitory Authority Revenue (State University Dormitory Facilities) State Dormitory Authority Revenue (Yeshiva University)

28

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

0.500% 3.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.800% 0.880% 5.000% 5.000% 5.000% 5.000% 5.000% 0.620% 0.510% 4.000% 0.680% 0.780% 1.043% 5.000% 1.183% 5.000% 5.000% 5.000% 5.000% 2.000% 2.000% 2.000% 2.000% 4.000% 1.010% 1.000% 1.080% 1.210% 4.000% 5.000% 5.000% 0.750% 1.203% 0.834% 0.703% 0.990% 0.964% 0.653% 5.000% 1.210% 0.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.660% 0.630% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/16 11/1/16 11/1/16 11/1/16 11/1/16 11/1/16 11/1/16 11/1/16 11/3/16 11/4/16 11/1/17 11/1/17 8/1/19 11/1/19 11/1/19 11/1/16 11/1/16 8/1/17 11/7/16 11/7/16 11/1/16 11/15/16 11/1/17 11/15/17 11/15/17 11/15/18 11/15/18 3/1/17 3/1/17 6/1/17 6/1/17 6/1/17 6/1/17 11/1/18 11/1/19 11/1/19 11/15/16 11/15/16 11/15/17 11/7/16 11/1/16 5/15/17 11/1/17 11/15/17 5/15/18 11/1/19 2/15/20 6/1/20 11/7/16 10/1/19 10/1/20 7/1/17 7/1/18 5/1/17 5/1/18 2/15/18 2/15/19 2/15/19 2/15/19 6/15/19 3/15/20 11/7/16 11/7/16 10/1/17 10/1/17 10/1/17 10/1/18 10/1/18 7/1/17 11/1/18

11,600 2,560 465 3,535 160 9,840 2,990 2,505 20,000 64,150 11,805 26,270 1,300 18,700 2,110 13,145 8,805 6,250 43,705 27,435 3,500 2,650 2,950 1,190 12,500 3,500 4,055 10,000 5,000 5,000 19,065 67,725 19,905 2,000 2,750 21,000 1,000 2,250 1,200 11,250 15,760 18,500 7,310 49,600 10,750 12,320 69,000 87,500 12,500 4,275 1,125 1,000 1,000 2,000 2,500 22,110 16,215 10,120 1,000 9,765 4,750 565 2,000 3,445 3,300 500 2,160 1,000 6,865 370

11,600 2,560 465 3,535 160 9,840 2,990 2,505 20,000 64,150 12,310 27,386 1,442 20,913 2,360 13,145 8,805 6,403 43,705 27,435 3,500 2,655 2,954 1,242 13,046 3,786 4,386 10,045 5,021 5,035 19,202 69,006 19,878 2,001 2,750 21,048 1,001 2,254 1,252 11,250 15,760 18,499 7,306 49,547 10,757 12,231 77,086 87,398 12,500 4,774 1,296 1,027 1,066 2,041 2,646 23,277 17,684 11,037 1,091 10,771 5,349 565 2,000 3,576 3,427 519 2,324 1,077 7,060 397

(ETM) (ETM) (ETM) (4) (4) (Prere.)

(ETM)

LOC (4)

(4)

(4) (15) (15) (ETM)

Short-Term Tax-Exempt Fund

1,3 1 1

3 3 3 3 3 3

New York State Dormitory Authority Revenue (Yeshiva University) New York State Dormitory Authority Revenue (Yeshiva University) New York State Dormitory Authority Revenue (Yeshiva University) New York State Dormitory Authority Sales Tax Revenue New York State Dormitory Authority Sales Tax Revenue New York State Dormitory Authority Sales Tax Revenue New York State Dormitory Authority Sales Tax Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Housing Revenue New York State Housing Finance Agency Housing Revenue New York State Housing Finance Agency Revenue New York State Housing Finance Agency Revenue New York State Housing Finance Agency Revenue New York State Local Government Assistance Corp. Revenue New York State Thruway Authority Revenue New York State Thruway Authority Revenue New York State Thruway Authority Revenue New York State Thruway Authority Revenue New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Service Contract) North Syracuse NY Central School District BAN North Syracuse NY Central School District RAN Nuveen New York AMT-Free Municipal Income Fund iMTP Nuveen New York AMT-Free Municipal Income Fund VRDP VRDO Nuveen New York AMT-Free Municipal Income Fund VRDP VRDO Onondaga County NY Civic Development Corp. Revenue (St. Joseph’s Hospital & Health Center) Oyster Bay NY BAN Oyster Bay NY GO Port Authority of New York & New Jersey Revenue Schenectady NY BAN Suffolk County NY GO Suffolk County NY GO Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue PUT Triborough Bridge & Tunnel Authority New York Revenue PUT Triborough Bridge & Tunnel Authority New York Revenue PUT Utility Debt Securitization Authority New York Revenue Westchester County NY GO Westchester County NY GO Westchester County NY GO Windsor Central School District BAN Yonkers NY GO Yonkers NY GO Yonkers NY GO

Coupon

Maturity Date

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.800% 0.800% 0.750% 0.750% 0.750% 0.850% 0.850% 0.900% 1.150% 1.150% 1.150% 1.250% 1.250% 0.900% 0.900% 1.050% 1.100% 1.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 2.000% 2.000% 1.250% 0.720% 0.780% 5.000% 2.750% 3.250% 5.000% 2.000% 5.000% 5.000% 5.000% 0.880% 0.980% 1.070% 0.653% 0.873% 0.753% 5.000% 5.000% 5.000% 5.000% 1.500% 4.000% 3.000% 3.000%

11/1/18 11/1/19 11/1/19 3/15/18 3/15/18 3/15/19 3/15/19 11/1/16 11/1/16 5/1/17 5/1/17 5/1/17 11/1/17 11/1/17 11/1/17 5/1/18 5/1/18 5/1/18 5/1/18 5/1/18 11/1/17 11/1/17 5/1/19 11/1/19 5/1/20 4/1/19 1/1/17 1/1/17 1/1/18 5/1/19 3/15/17 3/15/19 1/1/20 8/11/17 6/28/17 10/1/17 11/7/16 11/7/16 7/1/19 2/3/17 8/1/17 8/15/18 5/11/17 2/1/17 5/15/19 11/15/16 1/1/17 1/1/18 1/1/19 11/1/16 1/3/17 2/1/19 12/15/18 1/1/19 1/1/20 1/1/21 8/18/17 3/15/17 7/1/17 8/15/17

(ETM)

(ETM)

LOC LOC (ETM)

(4) (4)

(4) (4) (4)

(4)

Face Amount ($000)

Market Value• ($000)

630 600 1,025 42,810 23,100 31,555 24,300 2,750 2,500 4,850 2,505 3,000 6,890 10,000 3,000 4,190 3,900 1,250 2,500 6,250 5,000 6,000 850 1,000 7,500 2,365 460 1,540 1,500 41,875 10,090 3,900 1,500 4,448 10,000 17,500 36,000 23,500 500 15,000 4,155 2,855 41,962 3,415 8,565 8,570 10,700 5,000 1,800 9,105 7,500 10,350 1,710 500 3,350 1,550 7,250 600 1,005 510

655 661 1,082 45,216 24,398 34,520 26,583 2,750 2,500 4,848 2,503 2,999 6,883 9,990 2,996 4,192 3,904 1,251 2,505 6,262 4,999 6,001 847 994 7,465 2,503 463 1,551 1,571 45,957 10,255 4,266 1,638 4,479 10,059 17,501 36,000 23,500 539 15,030 4,174 2,952 42,178 3,451 9,360 8,584 10,700 4,999 1,799 9,105 7,499 10,252 1,719 544 3,768 1,798 7,269 607 1,018 518 2,198,353

North Carolina (1.9%) Cape Fear NC Public Utility Authority Water & Sewer System Revenue Charlotte NC GO Charlotte NC GO 2 Charlotte NC GO Charlotte NC GO Charlotte NC GO Charlotte NC Water & Sewer System Revenue

5.000% 5.000% 5.000% 3.000% 5.000% 5.000% 5.000%

29

8/1/19 7/1/17 12/1/17 7/1/18 7/1/18 12/1/18 12/1/16

2,750 2,000 5,335 3,015 5,000 4,000 1,390

3,048 2,058 5,581 3,123 5,344 4,341 1,395

Short-Term Tax-Exempt Fund

2

2

1 1

3

2

2

2

Charlotte NC Water & Sewer System Revenue Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) East Carolina University North Carolina Revenue East Carolina University North Carolina Revenue Fayetteville NC Public Works Commission Revenue Guilford County NC GO Johnston NC Memorial Hospital Authority Revenue TOB VRDO Johnston NC Memorial Hospital Authority Revenue TOB VRDO Mecklenburg County NC GO Mecklenburg County NC GO Mecklenburg County NC GO Mecklenburg County NC GO New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) North Carolina Capital Facilities Finance Agency Solid Waste Disposal Revenue (Republic Services, Inc. Project) PUT North Carolina Eastern Municipal Power Agency Power Systems Revenue North Carolina Eastern Municipal Power Agency Power Systems Revenue North Carolina Eastern Municipal Power Agency Power Systems Revenue North Carolina GO North Carolina GO North Carolina GO North Carolina GO North Carolina GO North Carolina Medical Care Commission Health Care Facilities Revenue (Cape Fear Valley Health System) North Carolina Medical Care Commission Health Care Facilities Revenue (Cape Fear Valley Health System) North Carolina Medical Care Commission Health Care Facilities Revenue (Wake Forest Baptist Obligated Group) PUT North Carolina Medical Care Commission Hospital Revenue (Moses Cone Health System) PUT North Carolina Medical Care Commission Hospital Revenue (Southeastern Regional Medical Center) North Carolina Medical Care Commission Hospital Revenue (Southeastern Regional Medical Center) North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) Orange County NC Public Facilities Co. Revenue Wake County NC GO Wake County NC GO Wake County NC GO Wake County NC GO Wake County NC GO Wake County NC GO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

12/1/19

1,350

1,515

4.000%

1/15/18

4,105

4,249

5.000% 5.000% 5.000% 5.000% 4.000% 0.690% 0.700% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000%

1/15/19 10/1/19 10/1/20 3/1/19 2/1/20 11/7/16 (4) 11/7/16 (4) 8/1/18 12/1/18 3/1/19 12/1/19 10/1/17 10/1/18

3,575 3,525 3,660 3,500 3,360 4,920 8,565 4,000 4,780 5,000 1,200 2,585 1,480

3,873 3,925 4,190 3,825 3,680 4,920 8,565 4,289 5,187 5,471 1,310 2,656 1,560

0.700% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

12/1/16 1/1/17 (ETM) 1/1/17 (ETM) 1/1/19 (ETM) 3/1/18 3/1/19 5/1/19 5/1/19 6/1/19

27,500 10,555 5,000 2,245 4,770 3,865 6,835 1,525 6,145

27,500 10,630 5,036 2,439 5,024 4,229 7,523 1,678 6,783

4.000%

10/1/17

3,725

3,826

5.000%

10/1/18

3,780

4,049

1.370% 0.980%

12/1/17 5/30/17

7,960 12,625

7,940 12,625

4.000%

6/1/17

620

631

4.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/1/18 10/1/20 10/1/18 2/1/17 9/1/17 2/1/18 3/1/18 5/1/18 3/1/19

500 670 1,695 6,440 9,000 16,090 17,300 1,050 22,555

522 735 1,827 6,494 9,322 16,931 18,262 1,115 24,680 263,906

North Dakota (0.0%) 1 North Dakota Public Finance Authority Revenue TOB VRDO Ohio (1.5%) Akron OH Income Tax Revenue (Packaging Facilities) Akron OH Income Tax Revenue (Packaging Facilities) Akron OH Income Tax Revenue (Packaging Facilities) Alliance OH Hospital Revenue VRDO American Municipal Power Ohio Inc. Revenue American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) PUT Central Ohio Solid Waste Authority GO Central Ohio Solid Waste Authority GO Central Ohio Solid Waste Authority GO Central Ohio Solid Waste Authority GO Cleveland OH Airport System Revenue Cleveland OH Airport System Revenue Cleveland OH Airport System Revenue Cleveland-Cuyahoga County OH Port Authority Revenue (Cleveland Museum of Art Project) VRDO

30

0.720%

11/7/16

5,095

5,095

5.000% 5.000% 5.000% 0.520% 5.250% 5.000% 5.000% 5.250% 5.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000%

12/1/17 12/1/18 12/1/19 11/1/16 2/15/18 2/15/17 2/15/18 2/15/18 8/15/19 12/1/16 12/1/16 12/1/17 12/1/17 1/1/18 1/1/19 1/1/20

2,875 1,145 1,590 1,200 1,595 1,000 1,480 2,135 24,250 150 1,550 150 1,525 340 410 430

3,003 1,239 1,776 1,200 1,685 1,012 1,556 2,255 26,354 150 1,554 155 1,576 356 443 478

0.640%

11/7/16

1,935

1,935

LOC (Prere.)

(Prere.) (ETM) (ETM) (4) (4) (4)

Short-Term Tax-Exempt Fund

Coupon

1

1 2

1

Columbus OH GO Columbus OH GO Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) Dayton OH City School District GO Fairfield County OH Hospital Facilities Revenue (Fairfield Medical Center) Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) PUT Franklin County OH Hospital Revenue (Nationwide Children’s Hospital Project) VRDO Hamilton County OH Healthcare Revenue (Life Enriching Communities) Hamilton County OH Healthcare Revenue (Life Enriching Communities) Hamilton County OH Healthcare Revenue (Life Enriching Communities) Hamilton County OH Hospital Facilities Revenue (UC Health) Hamilton County OH Hospital Facilities Revenue (UC Health) Hamilton County OH Sales Tax Revenue Hamilton County OH Sales Tax Revenue Hamilton County OH Sales Tax Revenue Hamilton County OH Sales Tax Revenue JobsOhio Beverage System Statewide Liquor Profits Revenue TOB VRDO Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) Montgomery County OH Revenue (Catholic Health Initiatives) TOB VRDO Newark OH BAN Ohio Air Quality Development Authority Pollution Control Revenue (FirstEnergy Generation Corp. Project) PUT Ohio Common Schools GO Ohio Higher Educational Facility Commission Revenue (Cleveland Clinic Health System Obligated Group) VRDO Ohio Higher Educational Facility Commission Revenue (University of Dayton Project) Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO Ohio Revitalization Revenue Ohio Water Development Authority Fresh Water Revenue TOB VRDO Ohio Water Development Authority Pollution Control Revenue (FirstEnergy Generation Corp. Project) Ohio Water Development Authority Pollution Control Revenue (Water Quality) Ohio Water Development Authority Pollution Control Revenue (Water Quality) Ross County OH Hospital Facilities Revenue (Adena Health System) Ross County OH Hospital Facilities Revenue (Adena Health System) Ross County OH Hospital Facilities Revenue (Adena Health System) Sandusky OH BAN Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) Toledo OH GO Toledo OH GO University of Akron Ohio General Receipts Revenue University of Cincinnati Ohio General Receipts Revenue Warren County OH Health Care Facilities Improvement Revenue (Otterbein Homes Project) Wright State University Ohio General Revenue

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 3.000% 5.000% 4.000% 5.000% 5.000% 0.600% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 4.000% 5.000% 5.000% 0.840% 5.000% 0.810% 2.000%

2/15/18 8/15/18 12/1/17 12/1/18 11/1/16 6/15/18 7/12/17 11/7/16 1/1/18 1/1/19 1/1/20 2/1/17 2/1/18 12/1/17 (2) 12/1/18 12/1/18 12/1/19 11/7/16 8/15/19 11/7/16 11/7/17

10,000 1,250 470 1,000 3,000 1,000 7,615 1,295 280 560 575 375 525 1,150 1,500 2,900 3,000 23,200 810 10,460 2,050

10,537 1,342 480 1,079 3,000 1,050 7,832 1,295 288 587 611 378 543 1,154 1,590 3,135 3,349 23,200 888 10,460 2,065

3.100% 5.000%

3/1/19 3/15/18

3,000 10,860

2,744 11,480

0.470% 4.000% 0.760% 0.760% 0.760% 5.000% 0.730%

11/1/16 12/1/16 11/1/16 11/7/16 11/7/16 4/1/18 (Prere.) 11/7/16

4,700 625 5,250 4,250 7,250 1,000 10,645

4,700 627 5,250 4,250 7,250 1,058 10,645

3.000% 5.000% 5.000% 5.000% 5.250% 5.250% 2.000% 3.000% 5.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000%

5/15/19 6/1/18 12/1/18 12/1/16 12/1/17 12/1/18 10/5/17 2/15/17 2/15/18 12/1/16 (4) 12/1/18 (4) 1/1/19 6/1/17 7/1/18 5/1/17

10,540 6,660 3,880 2,495 2,215 1,510 1,500 770 750 535 1,880 1,000 2,180 1,555 1,195

9,484 7,097 4,209 2,503 2,307 1,620 1,512 775 787 536 1,986 1,061 2,235 1,652 1,219 208,577

Oklahoma (0.2%) Cleveland County OK Educational Facilities Authority Lease Revenue (Norman Public Schools Project) Cleveland County OK Educational Facilities Authority Lease Revenue (Norman Public Schools Project) Cleveland County OK Educational Facilities Authority Lease Revenue (Norman Public Schools Project) Comanche County OK Hospital Authority Revenue 2 Norman OK Regional Hospital Authority Revenue 2 Norman OK Regional Hospital Authority Revenue 2 Norman OK Regional Hospital Authority Revenue 2 Norman OK Regional Hospital Authority Revenue Oklahoma City OK GO Oklahoma City OK GO Oklahoma City OK GO Oklahoma GO Oklahoma GO Oklahoma Water Resources Board Revolving Fund Revenue

5.000%

7/1/17

760

781

5.000%

7/1/18

1,325

1,411

5.000% 5.000% 3.000% 4.000% 4.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000%

7/1/19 7/1/18 9/1/17 9/1/18 9/1/19 9/1/20 3/1/18 3/1/19 3/1/19 7/15/18 7/15/18 4/1/19

2,250 2,990 1,000 1,000 2,000 1,170 2,480 2,775 4,080 4,165 1,480 3,000

2,473 3,114 1,014 1,046 2,133 1,310 2,585 2,972 4,461 4,457 1,584 3,290 32,631

31

Short-Term Tax-Exempt Fund

Coupon Oregon (0.6%) Multnomah County OR School District GO Multnomah County OR School District GO 3 Oregon Facilities Authority Revenue (Providence Health & Services) PUT Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon Health & Science University Revenue Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt 1 Washington, Clackamas, & Yamhill County OR School District GO TOB VRDO

Revenue Revenue Revenue Revenue

5.000% 5.000% 1.510% 5.000% 5.000% 5.000% 5.000% 3.000% 3.000% 3.000% 5.000% 5.000% 4.000% 3.000% 5.000% 3.000% 0.790%

Maturity Date 6/15/17 6/15/18 10/1/17 11/1/16 5/1/18 5/1/18 11/1/18 5/1/19 6/1/19 11/1/19 5/1/20 7/1/18 11/1/17 11/1/18 11/1/18 11/1/19 11/7/16 LOC

Face Amount ($000)

Market Value• ($000)

10,000 10,000 8,750 3,000 1,500 1,125 3,750 2,500 1,000 1,000 2,725 1,000 9,820 4,490 13,520 4,835 7,200

10,269 10,666 8,750 3,000 1,594 1,195 4,057 2,628 1,053 1,060 3,094 1,064 9,983 4,538 13,802 4,984 7,200 88,937

Pennsylvania (5.3%) Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) 1,3 Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) TOB PUT 1,3 Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) TOB PUT 1 Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) TOB VRDO Beaver County PA Industrial Development Authority Pollution Control Revenue (FirstEnergy Generation Project) PUT 1 Berks County PA Municipal Authority Revenue (Reading Hospital & Medical Center Project) TOB VRDO 1 Berks County PA Municipal Authority Revenue (Reading Hospital & Medical Center Project) TOB VRDO 3 Bethlehem PA Area School District Authority Revenue PUT Bethlehem PA Water Authority Revenue Bethlehem PA Water Authority Revenue Bethlehem PA Water Authority Revenue Bucks County PA GO Bucks County PA GO Bucks County PA Water & Sewer Authority Water System Revenue Bucks County PA Water & Sewer Authority Water System Revenue Bucks County PA Water & Sewer Authority Water System Revenue Bucks County PA Water & Sewer Authority Water System Revenue Bucks County PA Water & Sewer Authority Water System Revenue Butler County PA General Authority Revenue (North Allegheny School District Project) VRDO Clarion County PA Industrial Development Authority Revenue (Clarion University Foundation Inc. Student Housing Project) Clarion County PA Industrial Development Authority Revenue (Clarion University Foundation Inc. Student Housing Project) Dauphin County PA General Authority Health System Revenue (Pinnacle Health System Project) Dauphin County PA General Authority Health System Revenue (Pinnacle Health System Project) Delaware County PA GO Delaware County PA GO Delaware County PA Industrial Development Authority Solid Waste Revenue (Scott Paper Co.) VRDO Delaware River Port Authority Pennsylvania & New Jersey Revenue 3 Downingtown PA Area School District GO PUT 3 Hempfield PA School District GO PUT Hempfield PA School District GO VRDO 1 Lancaster County PA Hospital Authority Health System Revenue (Lancaster General Hospital Project) TOB VRDO Lancaster County PA Solid Waste Management Authority Solid Waste Disposal System Revenue Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) Lower Merion PA School District GO

32

5.000%

5/15/18

1,000

1,062

1.227%

2/1/21

7,190

7,182

0.830%

12/1/16 LOC

10,000

10,000

0.830%

1/3/17 LOC

10,255

10,255

0.620%

11/1/16 LOC

31,300

31,300

2.500%

6/1/17

10,000

9,855

0.660%

11/7/16

8,420

8,420

0.660% 0.800% 4.000% 5.000% 5.000% 5.000% 5.000% 1.500% 4.000% 2.000% 4.000% 4.000% 0.630%

11/7/16 1/1/18 11/15/16 11/15/17 11/15/18 5/1/18 5/1/19 6/1/17 6/1/17 6/1/18 6/1/18 6/1/19 11/7/16

9,750 3,995 1,525 650 500 500 1,500 750 885 500 1,025 500 11,985

9,750 3,988 1,527 676 537 531 1,649 753 901 507 1,071 534 11,985

5.000%

7/1/18

920

966

5.000% 3.000% 4.000% 5.000% 5.000%

7/1/19 6/1/17 6/1/19 10/1/19 10/1/20

970 1,020 1,250 3,000 2,680

1,043 1,032 1,337 3,346 3,077

0.670% 5.000% 1.330% 0.903% 0.873%

11/7/16 1/1/17 5/1/19 8/1/19 8/1/19

4,000 1,070 5,075 8,865 1,905

4,000 1,078 5,081 8,797 1,889

0.660% 2.500% 4.000% 5.000% 5.000% 4.000%

11/7/16 12/15/17 7/1/18 7/1/19 7/1/20 9/15/17

3,465 3,075 600 500 820 565

3,465 3,130 629 550 926 581

(15) (15) (15)

(15) (15) (15) (15) (15)

Short-Term Tax-Exempt Fund

3 3 2 2

1 3 3 3

3

3 3 3

3

Lower Merion PA School District GO Lower Merion PA School District GO Manheim Township PA School District GO Manheim Township PA School District GO PUT Monroe County PA Hospital Authority Revenue (Pocono Medical Center) Monroe County PA Hospital Authority Revenue (Pocono Medical Center) Montgomery County PA GO Montgomery County PA GO VRDO Montgomery County PA Higher Education & Health Authority Hospital Revenue (Abington Memorial Hospital) Montgomery County PA Higher Education & Health Authority Revenue (Holy Redeemer Health System) Montgomery County PA Higher Education & Health Authority Revenue (Holy Redeemer Health System) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Pollution Control Revenue (Exelon Generation Co., LLC) PUT Montgomery County PA Industrial Development Authority Pollution Control Revenue (Exelon Generation Co., LLC) PUT Montgomery County PA Industrial Development Authority Revenue (New Regional Medical Center Project) Mount Lebanon PA School District GO TOB VRDO North Penn PA Water Authority Revenue North Penn PA Water Authority Revenue North Penn PA Water Authority Revenue PUT Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) PUT Northampton County PA General Purpose Authority University Revenue (Lafayette College) VRDO Pennsylvania Economic Development Financing Authority Solid Waste Disposal Revenue (Republic Services Inc. Project) PUT Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania Higher Educational Facilities Authority Revenue (Foundation for Indiana University of Pennsylvania Student Housing) Pennsylvania Higher Educational Facilities Authority Revenue (Slippery Rock University Foundation) Pennsylvania Higher Educational Facilities Authority Revenue (University of Pennsylvania Health System) Pennsylvania Higher Educational Facilities Authority Revenue (York College) PUT Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania Turnpike Commission Oil Franchise Tax Revenue Pennsylvania Turnpike Commission Oil Franchise Tax Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue

33

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

4.000% 5.000% 0.639% 0.759% 3.000% 4.000% 5.000% 0.480%

9/15/18 9/15/19 5/1/17 5/1/18 1/1/17 7/1/18 4/1/19 11/1/16

3,670 4,535 1,400 6,850 1,000 1,100 1,840 8,350

3,882 5,050 1,396 6,777 1,002 1,147 2,015 8,350

5.000%

6/1/19

1,000

1,094

4.000%

10/1/18

1,000

1,046

4.000%

10/1/19

500

533

5.000%

1/15/18

1,000

1,042

5.000%

1/15/19

1,500

1,605

2.500%

4/1/20

8,000

8,061

2.500%

4/1/20

5,000

5,038

995 15,500 1,100 700 2,500

1,006 15,500 1,098 696 2,485

5.000% 0.770% 0.623% 0.703% 0.853%

2/1/17 (ETM) 11/7/16 11/1/17 11/1/18 11/1/19

4.000%

8/15/19

940

1,006

5.000%

8/15/20

1,000

1,128

2.030%

8/15/20

8,125

8,133

0.650%

11/7/16

6,790

6,790

1.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

1/3/17 7/1/18 7/1/19 1/1/20 7/1/20 1/1/22 7/1/22 4/1/17 4/1/18 7/1/18 8/15/18 8/15/18

2,360 6,545 4,830 1,090 5,170 8,000 11,130 11,150 35,410 2,675 15,170 48,540

2,360 6,990 5,336 1,206 5,718 8,226 11,245 11,351 37,392 2,850 16,230 51,931

1.017%

7/1/17 (10)

1,020

1,017

5.000%

7/1/17 (Prere.)

5,000

5,141

7,000 1,300 785 1,680 815 2,850 500 4,200 1,250 1,260 3,150 59,405 15,000 10,405 2,650 16,940

7,230 1,300 806 1,726 875 3,061 555 4,664 1,348 1,401 3,161 59,363 14,965 10,400 2,814 16,912

5.000% 1.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.969% 1.080% 1.230% 5.000% 1.069%

8/15/17 5/1/17 9/1/17 9/1/17 9/1/18 9/1/18 9/1/19 9/1/19 12/1/18 12/1/19 12/1/16 12/1/17 12/1/17 12/1/17 6/1/18 (12) 12/1/18

Short-Term Tax-Exempt Fund

3

3 1

2

2

2 2 2 2

1

2

3

3

Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue PUT Pennsylvania Turnpike Commission Revenue TOB VRDO Philadelphia PA Authority for Industrial Development Revenue (Cultural & Commercial Corridors) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Children’s Hospital of Philadelphia Project) VRDO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA TRAN Philadelphia PA Water & Waste Water Revenue VRDO Southcentral Pennsylvania General Authority Revenue (WellSpan Health Obligated Group) TOB VRDO State Public School Building Authority Pennsylvania College Revenue (Delaware County Community College Project) State Public School Building Authority Pennsylvania Lease Revenue (School District of Philadelphia) Swarthmore Borough PA Authority College Revenue (Swarthmore College) Swarthmore Borough PA Authority College Revenue (Swarthmore College) University Area Joint Authority Pennsylvania Sewer Revenue PUT West Chester University Pennsylvania Student Housing Revenue BAN West Shore PA Area Authority Revenue (Messiah Lifeways Obligated Group) York County PA GO PUT

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

1.230% 5.000% 5.000% 1.430% 0.750% 4.000% 5.000% 5.000% 5.000% 5.000% 5.375% 5.000% 5.000% 5.000% 5.000%

12/1/18 6/1/19 6/1/20 12/1/18 11/7/16 12/1/17 4/1/18 4/1/19 10/1/17 10/1/17 7/1/18 10/1/18 10/1/18 10/1/19 10/1/20

8,750 1,320 18,520 6,500 3,245 4,190 1,615 1,650 2,645 4,500 2,775 2,355 7,500 6,500 3,500

8,723 1,447 20,856 6,500 3,245 4,310 1,704 1,799 2,748 4,664 2,980 2,441 8,035 7,169 3,954

0.520% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 2.000% 0.600%

11/1/16 9/1/17 9/1/17 9/1/18 9/1/18 9/1/19 9/1/19 9/1/20 9/1/20 6/30/17 11/7/16 LOC

2,100 1,000 5,095 1,000 6,400 1,750 1,750 2,975 4,000 19,270 10,000

2,100 1,027 5,236 1,057 6,773 1,895 1,895 3,287 4,420 19,416 10,000

0.670%

11/7/16

9,710

9,710

5.000%

10/1/18 (15)

500

537

5.000% 5.000% 5.000% 1.030% 0.650% 4.000% 0.659%

6/1/17 9/15/19 9/15/20 11/1/17 2/1/17 7/1/19 6/1/17

2,250 3,395 3,515 2,900 8,700 1,685 31,555

2,294 3,780 4,034 2,897 8,697 1,774 31,524

(12)

(Prere.) (ETM) (2)

739,792 Rhode Island (0.3%) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Lifespan Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Lifespan Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Lifespan Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Lifespan Obligated Group) Rhode Island Health & Educational Building Corp. Providence Public Schools Revenue (Providence Public Buildings Authority) Rhode Island Health & Educational Building Corp. Providence Public Schools Revenue (Providence Public Buildings Authority) Rhode Island Health & Educational Building Corp. Providence Public Schools Revenue (Providence Public Buildings Authority) Rhode Island Health & Educational Building Corp. Providence Public Schools Revenue (Providence Public Buildings Authority)

5.000%

9/1/17 (ETM)

2,640

2,732

5.000%

9/1/18

2,990

3,141

5.000%

9/1/18 (ETM)

1,325

1,420

5.000%

5/15/17

14,715

15,028

5.000%

5/15/18

1,250

1,322

5.000%

5/15/19

1,760

1,916

5.000%

5/15/20

1,500

1,676

3.000%

5/15/17 (4)

1,815

1,834

4.000%

5/15/17

2,000

2,031

3.000%

5/15/18 (4)

5,535

5,679

5.000%

5/15/18

1,500

1,586 38,365

South Carolina (0.9%) Charleston SC Waterworks & Sewer Capital Improvement Revenue PUT Kershaw County SC Public Schools Foundation Installment Purchase Revenue Kershaw County SC Public Schools Foundation Installment Purchase Revenue Lexington County SC Health Services District Inc. Hospital Revenue

1.042% 5.000% 5.000% 5.000%

3

34

1/1/18 12/1/18 12/1/19 11/1/16

8,770 700 1,000 1,750

8,762 752 1,105 1,750

Short-Term Tax-Exempt Fund

1

Myrtle Beach SC Tax Increase Revenue (Myrtle Beach Air Force Base Redevelopment Project) Richland County SC School District No. 2 GO South Carolina Association of Governmental Organizations COP South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue (Pickens School District) South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue (Pickens School District) South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue (Pickens School District) South Carolina GO South Carolina GO South Carolina GO South Carolina GO South Carolina GO South Carolina GO South Carolina GO South Carolina GO South Carolina GO South Carolina GO South Carolina GO South Carolina GO South Carolina GO South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue TOB VRDO Sumter Two School Facilities Inc. South Carolina Installment Purchase Revenue Sumter Two School Facilities Inc. South Carolina Installment Purchase Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 2.000%

10/1/20 4/1/19 3/1/17

1,000 5,525 47,500

1,131 6,059 47,710

5.000%

12/1/16

1,300

1,305

5.000%

12/1/17

2,305

2,405

5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.500% 0.720% 4.000% 4.000%

12/1/18 4/1/17 4/1/17 4/1/18 4/1/18 4/1/18 4/1/19 4/1/19 4/1/19 4/1/19 4/1/19 4/1/19 4/1/20 8/1/20 8/1/17 8/1/18 1/1/19 (Prere.) 11/7/16 12/1/17 (15) 12/1/18 (15)

1,000 2,520 1,880 635 765 1,975 1,170 805 2,520 745 665 2,610 1,535 10,000 650 870 7,205 6,525 675 1,715

1,080 2,555 1,914 672 810 2,091 1,256 883 2,766 818 730 2,864 1,689 11,455 669 926 7,888 6,525 696 1,809 121,075

South Dakota (0.0%) South Dakota Health South Dakota Health South Dakota Health South Dakota Health South Dakota Health South Dakota Health South Dakota Health South Dakota Health

& & & & & & & &

Educational Educational Educational Educational Educational Educational Educational Educational

Facilities Facilities Facilities Facilities Facilities Facilities Facilities Facilities

Authority Authority Authority Authority Authority Authority Authority Authority

Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue

(Sanford (Sanford (Sanford (Sanford (Sanford (Sanford (Sanford (Sanford

Health) Health) Health) Health) Health) Health) Health) Health)

2.000% 3.000% 3.000% 3.000% 3.000% 4.000% 4.000% 5.000%

11/1/16 11/1/16 11/1/17 11/1/17 11/1/18 11/1/18 11/1/19 11/1/19

410 500 450 500 500 675 395 600

410 500 459 510 519 714 428 666 4,206

Tennessee (1.1%) 1 Blount County TN Public Building Authority Revenue TOB VRDO Chattanooga TN Electric System Revenue Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue (Covenant Healthcare) 2 Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue (University Health System Inc.) 2 Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue (University Health System Inc.) Memphis TN Electric System Revenue Memphis TN GO Metropolitan Government of Nashville & Davidson County TN GO 2 Metropolitan Government of Nashville & Davidson County TN Health & Educational Facilities Board Revenue (Ascension Health Credit Group) PUT 1 Metropolitan Government of Nashville & Davidson County TN Health & Educational Facilities Board Revenue (Vanderbilt University) TOB VRDO Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue Montgomery County TN Public Building Auth. Pooled Financial Rev. (Tennessee County Loan Pool) VRDO Montgomery County TN Public Building Authority Pooled Financial Revenue (Tennessee County Loan Pool) VRDO Murfreesboro TN GO Shelby County TN GO Shelby County TN GO Shelby County TN GO Shelby County TN GO Shelby County TN Health Educational & Housing Facility Board Revenue (Methodist Le Bonheur Healthcare) VRDO

35

0.640% 5.000% 3.000% 4.000%

11/7/16 LOC 9/1/18 4/1/17 4/1/18

13,485 2,375 2,130 2,000

13,485 2,552 2,148 2,082

5.000%

1/1/19

2,925

3,157

5.000%

9/1/19

385

421

5.000% 5.000% 5.000% 5.500%

9/1/20 12/1/17 11/1/19 7/1/19

1,000 5,230 4,720 13,640

1,123 5,470 5,274 15,255

1.550%

11/3/20

11,500

11,519

0.660% 5.000%

11/7/16 7/1/17

9,900 5,500

9,900 5,655

0.590%

11/1/16 LOC

3,000

3,000

0.590% 5.000% 4.000% 5.000% 5.000% 5.000%

11/1/16 LOC 6/1/19 4/1/18 4/1/18 4/1/18 4/1/19

2,100 2,160 600 4,085 7,060 750

2,100 2,382 627 4,325 7,475 822

0.520%

11/1/16 (4)

2,500

2,500

Short-Term Tax-Exempt Fund

Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Williamson

Energy Acquisition Energy Acquisition Energy Acquisition Energy Acquisition Energy Acquisition GO GO County TN GO

Corp. Corp. Corp. Corp. Corp.

Gas Gas Gas Gas Gas

Revenue Revenue Revenue Revenue Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.250% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000%

2/1/17 9/1/17 2/1/18 2/1/19 9/1/19 10/1/18 8/1/19 4/1/19

5,000 3,165 5,150 8,815 15,000 1,030 8,125 4,070

5,047 3,268 5,380 9,487 16,537 1,111 9,021 4,470 155,593

Texas (14.6%) Aldine TX Independent School District GO Aldine TX Independent School District GO Arlington TX Independent School District GO Arlington TX Independent School District GO Arlington TX Independent School District GO Austin TX Community College District Public Facilities Corp. Lease Revenue Austin TX GO Bexar County TX GO Bexar County TX GO Board of Regents of the Texas A&M University System Revenue Financing System Revenue Board of Regents of the Texas A&M University System Revenue Financing System Revenue Brazosport TX Independent School District GO Brownsville TX Utility System Revenue 2 Carrollton-Farmers Branch TX Independent School District GO Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue PUT Coastal Bend TX Health Facilities Development Corp. Hospital Revenue (CHRISTUS Health) Conroe TX Independent School District GO Conroe TX Independent School District GO Cypress-Fairbanks TX Independent School District GO PUT Cypress-Fairbanks TX Independent School District GO PUT Cypress-Fairbanks TX Independent School District GO PUT Dallas TX Area Rapid Transit Sales Tax Revenue Dallas TX Area Rapid Transit Sales Tax Revenue Dallas TX GO Dallas TX GO Dallas TX GO Dallas TX GO Dallas TX GO Dallas TX GO Dallas TX Independent School District GO Dallas TX Independent School District GO PUT Dallas TX Independent School District GO PUT Dallas TX Independent School District GO PUT Dallas TX Independent School District GO PUT Dallas TX Waterworks & Sewer System Revenue Dallas-Fort Worth TX International Airport Revenue Denton County TX GO Denton County TX GO Denton TX Independent School District GO Denton TX Independent School District GO PUT Eagle Mountain & Saginaw TX Independent School District GO Eagle Mountain & Saginaw TX Independent School District GO PUT El Paso TX GO El Paso TX GO El Paso TX Water & Sewer Revenue El Paso TX Water & Sewer Revenue El Paso TX Water & Sewer Revenue El Paso TX Water & Sewer Revenue Fort Bend County TX GO Fort Bend TX Independent School District GO PUT Fort Bend TX Independent School District GO PUT Fort Worth TX GO Fort Worth TX GO Fort Worth TX Independent School District GO Fort Worth TX Water & Sewer Revenue Friendswood TX Independent School District GO Frisco TX GO

36

4.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 3.000% 5.000% 5.000% 5.000% 0.880% 5.000% 5.000% 0.900% 3.000% 4.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000% 1.500% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 2.000% 5.000% 2.000% 5.000% 5.000% 3.000% 4.000% 4.000% 4.000% 5.000% 2.000% 0.900% 4.000% 5.000% 5.000% 5.000% 5.000% 4.000%

2/15/18 2/15/19 2/15/18 2/15/19 2/15/20 8/1/18 9/1/19 6/15/20 6/15/20 5/15/17 5/15/17 2/15/19 9/1/18 2/15/18 1/1/17 1/1/18 1/7/21 11/3/16 (4) 2/15/19 2/15/20 8/15/18 8/15/18 8/15/19 12/1/16 (Prere.) 12/1/18 (Prere.) 2/15/17 2/15/18 2/15/19 2/15/19 2/15/20 2/15/20 2/15/19 2/15/17 8/15/18 2/15/19 2/15/20 10/1/20 11/1/21 7/15/19 7/15/20 8/15/18 8/1/18 8/15/19 8/1/19 8/15/18 8/15/19 3/1/17 3/1/18 3/1/19 3/1/19 3/1/19 8/1/17 8/1/18 3/1/18 3/1/19 2/15/18 2/15/20 2/15/19 2/15/18

1,755 2,320 1,375 1,225 1,200 500 1,250 7,840 2,595 4,500 2,000 5,690 2,250 7,800 500 500 5,500 24,350 3,345 2,230 7,590 9,865 19,290 1,250 12,000 4,150 3,250 6,215 8,565 1,245 7,165 5,500 7,000 24,500 14,000 12,500 3,000 2,000 1,250 1,100 3,450 4,855 1,435 9,000 5,000 3,500 2,045 1,500 1,000 1,475 2,000 14,715 5,500 5,080 5,000 1,815 4,005 1,810 6,270

1,825 2,529 1,430 1,308 1,351 533 1,389 8,894 2,944 4,581 2,036 6,203 2,410 8,005 503 523 6,109 24,350 3,646 2,510 7,544 10,193 20,753 1,254 13,078 4,203 3,422 6,776 9,339 1,402 8,068 6,001 7,045 24,645 15,206 13,984 3,444 2,000 1,349 1,254 3,700 4,928 1,591 9,194 5,353 3,871 2,061 1,562 1,068 1,575 2,182 14,835 5,478 5,291 5,460 1,911 4,510 1,972 6,520

Short-Term Tax-Exempt Fund

2 2

1

1 3 3 1 1

3

3

Frisco TX GO Frisco TX GO Garland TX GO Garland TX GO Garland TX Independent School District GO Garland TX Independent School District GO Georgetown TX Independent School District GO PUT Grand Parkway Transportation Corp. Texas System Toll Revenue BAN Grand Prairie TX Independent School District GO Grand Prairie TX Independent School District GO Grapevine-Colleyville TX Independent School District GO TOB PUT Harlandale TX Independent School District GO PUT Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX Health Facilities Development Corp. Hospital Revenue (CHRISTUS Health) Harris County TX Health Facilities Development Corp. Hospital Revenue (CHRISTUS Health) Harris County TX Health Facilities Development Corp. Revenue (Methodist Hospital System) VRDO Harris County TX Metropolitan Transit Authority Sales & Use Tax Revenue TOB VRDO Harris County TX Toll Road Revenue Harris County TX Toll Road Revenue PUT Houston TX Airport System Revenue TOB VRDO Houston TX Airport System Revenue TOB VRDO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX Independent School District GO Houston TX Independent School District GO Houston TX Independent School District GO PUT Houston TX Independent School District GO PUT Houston TX Independent School District Public Facilities Corp. Lease Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue PUT Humble TX Independent School District GO Humble TX Independent School District GO Humble TX Independent School District GO Irving TX Independent School District GO Katy TX Independent School District GO Katy TX Independent School District GO PUT Kerrville TX Health Facilities Development Corp. Hospital Revenue (Peterson Regional Medical Center Project) Kerrville TX Health Facilities Development Corp. Hospital Revenue (Peterson Regional Medical Center Project) Kerrville TX Health Facilities Development Corp. Hospital Revenue (Peterson Regional Medical Center Project) Klein TX Independent School District GO Klein TX Independent School District GO Lewisville TX Independent School District GO Longview TX Independent School District GO Lubbock TX GO Lubbock TX GO Lubbock TX GO Lubbock TX GO

37

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

4.000% 5.000% 5.000% 5.000% 2.000% 4.000% 2.500% 3.000% 5.000% 5.000% 0.700% 2.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.890% 0.890%

2/15/19 2/15/20 2/15/18 2/15/19 2/15/17 2/15/18 8/1/17 12/15/16 2/15/18 2/15/19 11/3/16 8/15/18 10/1/17 10/1/18 10/1/18 10/1/18 10/1/19 8/15/20 10/1/20 10/1/20 11/3/16 (4) 11/3/16 (4)

7,650 8,435 10,730 3,000 6,070 13,005 9,345 195,465 1,135 2,420 22,090 25,000 3,500 2,000 3,675 2,800 1,550 4,250 4,635 3,005 19,475 10,600

8,165 9,480 11,299 3,270 6,094 13,524 9,456 195,930 1,195 2,638 22,090 25,373 3,631 2,150 3,960 3,017 1,728 4,859 5,317 3,447 19,475 10,600

0.540% 0.680% 1.260% 1.330% 0.660% 0.780% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.950% 4.000% 5.000% 3.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 1.530% 5.000% 5.000% 5.000% 5.000% 5.000% 0.908%

11/1/16 11/7/16 8/15/17 8/15/18 11/7/16 11/7/16 (4)(3) 3/1/17 3/1/17 3/1/18 3/1/20 3/1/20 3/1/20 3/1/21 2/15/19 2/15/20 6/1/17 6/1/17 9/15/17 11/15/16 11/15/16 11/15/17 11/15/17 11/15/17 (4) 11/15/18 11/15/18 11/15/19 5/1/20 2/15/19 2/15/20 2/15/20 2/15/20 2/15/19 8/15/19

3,300 6,660 5,260 34,250 12,000 49,500 2,075 9,000 11,835 15,000 3,030 11,775 17,700 17,515 18,970 16,000 3,400 8,040 1,865 2,000 3,000 2,000 4,260 5,495 1,750 3,285 19,500 1,135 5,260 2,060 2,000 2,500 14,590

3,300 6,660 5,261 34,235 12,000 49,500 2,098 9,100 12,474 16,834 3,401 12,865 20,402 19,093 21,353 16,005 3,460 8,332 1,867 2,003 3,131 2,087 4,458 5,942 1,892 3,673 19,415 1,237 5,921 2,318 2,251 2,728 14,665

4.000%

8/15/17

1,000

1,022

4.000%

8/15/18

1,055

1,105

4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

8/15/19 8/1/18 8/1/19 8/15/19 2/15/20 2/15/18 2/15/18 2/15/18 2/15/19

1,100 1,500 2,000 3,500 1,000 1,240 4,080 2,500 1,000

1,172 1,607 2,214 3,880 1,124 1,303 4,288 2,627 1,087

Short-Term Tax-Exempt Fund

3

2

3 3

3 3

Lubbock TX GO Lubbock TX GO Mission TX Economic Development Corp. Solid Waste Disposal Revenue (Allied Waste Inc. Project) PUT Missouri City TX GO New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (Westminster Manor Project) North Central TX Health Facilities Development Corp. Hospital Revenue (Children’s Medical Center of Dallas Project) North East TX Independent School District GO PUT North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue PUT Northside Independent School District Texas GO Northside Independent School District Texas GO PUT Northside Independent School District Texas GO PUT Pasadena TX Independent School District GO Pflugerville TX Independent School District GO Pflugerville TX Independent School District GO Plano TX Independent School District GO Plano TX Independent School District GO Plano TX Independent School District GO Richardson TX Independent School District GO Rockwall TX GO Rockwall TX GO Round Rock TX Independent School District GO Round Rock TX Independent School District GO Round Rock TX Independent School District GO Round Rock TX Independent School District GO San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue PUT San Antonio TX Electric & Gas Systems Revenue PUT San Antonio TX Electric & Gas Systems Revenue PUT San Antonio TX Electric & Gas Systems Revenue PUT San Antonio TX Electric & Gas Systems Revenue PUT San Antonio TX GO San Antonio TX Independent School District GO San Antonio TX Independent School District GO PUT San Antonio TX Water Revenue San Antonio TX Water Revenue San Antonio TX Water Revenue PUT San Antonio TX Water Revenue PUT Spring Branch TX Independent School District GO Spring Branch TX Independent School District GO Spring Branch TX Independent School District GO Spring Branch TX Independent School District GO Spring Branch TX Independent School District GO Spring Branch TX Independent School District GO Spring Branch TX Independent School District GO PUT Spring TX Independent School District GO Spring TX Independent School District GO Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Methodist Hospitals of Dallas) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Methodist Hospitals of Dallas) Tarrant County TX Cultural Education Facilities Finance Corp. Retirement Facilities Revenue (Buckingham Senior Living Community Inc.) Tarrant County TX GO Texas A&M University System Revenue Board of Regents Revenue Texas GO Texas GO Texas GO Texas GO PUT Texas Municipal Gas Acquisition & Supply Corp. Revenue

38

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000%

2/15/20 2/15/20

1,150 1,000

1,288 1,120

1.000% 4.000%

1/3/17 6/15/19

9,475 1,000

9,475 1,074

4.000%

11/1/21

730

800

5.000% 2.000% 3.000% 5.000% 4.000% 5.750% 5.000% 5.000% 5.000% 1.300% 5.000% 1.650% 2.125% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 4.000% 4.500% 5.000% 5.000% 5.000% 5.000% 2.000% 0.910% 1.010% 2.000% 3.000% 5.000% 5.000% 2.000% 5.000% 5.000% 1.310% 1.030% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.050% 4.000% 5.000%

8/15/18 8/1/18 1/1/17 9/1/17 1/1/18 1/1/18 (Prere.) 1/1/19 1/1/19 1/1/20 1/1/20 2/15/19 8/1/18 8/1/20 2/15/18 2/15/17 (Prere.) 2/15/20 2/15/19 2/15/19 2/15/20 2/15/19 8/1/18 8/1/19 8/1/18 8/1/18 8/1/19 8/1/20 2/1/18 2/1/19 12/1/16 2/1/17 2/1/18 12/1/18 12/1/19 2/1/18 2/15/18 8/1/18 5/15/18 5/15/19 11/1/16 11/1/17 2/1/18 2/1/18 2/1/18 2/1/19 2/1/19 2/1/20 6/15/17 8/15/18 8/15/19

750 4,815 1,000 1,000 600 2,500 2,265 700 2,075 29,690 2,505 11,250 6,470 2,295 3,760 1,700 2,335 17,220 20,980 1,920 1,505 2,300 5,435 1,335 1,795 1,000 6,000 16,360 7,850 45,000 27,250 10,150 45,000 3,250 5,525 7,270 500 250 22,940 19,375 2,095 3,000 1,390 10,000 2,615 1,915 38,000 3,000 1,000

803 4,889 1,003 1,035 621 2,642 2,453 757 2,317 29,771 2,729 11,353 6,485 2,419 3,807 1,914 2,545 18,772 23,615 2,095 1,584 2,543 5,727 1,418 1,987 1,141 6,309 17,814 7,858 44,992 27,175 10,300 47,306 3,418 5,824 7,382 531 275 22,939 19,381 2,202 3,154 1,461 10,886 2,847 2,153 38,000 3,161 1,108

5.000%

10/1/17

1,100

1,142

4.000%

10/1/18

1,350

1,427

1,750 2,000 7,000 4,650 3,400 14,150 2,625 5,335

1,762 2,140 7,942 5,015 3,667 15,784 2,625 5,362

3.875% 5.000% 5.000% 5.000% 5.000% 5.000% 2.000% 5.000%

11/15/20 7/15/18 (Prere.) 5/15/20 10/1/18 10/1/18 10/1/19 2/1/18 12/15/16

Short-Term Tax-Exempt Fund

2

2

3

3

2

2

Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Public Finance Authority Revenue Texas Public Finance Authority Revenue Texas Public Finance Authority Revenue Texas Public Finance Authority Revenue Texas Public Finance Authority Revenue (Texas Southern University) Texas Public Finance Authority Revenue (Texas Southern University) Texas Public Finance Authority Revenue (Unemployment Compensation) Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission Mobility Fund GO PUT Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue PUT Texas Transportation Commission Turnpike System Revenue PUT Texas Water Development Board Revenue Texas Water Development Board Revenue Texas Water Development Board Revenue Texas Water Development Board Revenue Texas Water Financial Assistance GO Tomball TX Independent School District GO Tomball TX Independent School District GO PUT University of North Texas Revenue University of Texas Permanent University Fund Revenue University of Texas Permanent University Fund Revenue University of Texas Permanent University Fund Revenue University of Texas Permanent University Fund Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue Williamson County TX GO Williamson County TX GO PUT

Coupon

Maturity Date

5.000% 5.250% 5.625% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.010% 4.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.980% 5.000% 4.000% 4.000% 5.000% 4.000% 5.000% 5.000% 1.100% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.450%

12/15/17 12/15/17 12/15/17 12/15/18 2/1/17 2/1/17 2/1/18 2/1/18 11/1/16 (15) 11/1/17 (15) 7/1/17 10/1/17 4/1/18 10/1/18 4/1/19 4/1/19 10/1/20 10/1/18 10/1/17 4/1/18 10/1/18 10/1/18 4/1/19 10/1/19 10/1/19 10/1/20 4/1/17 4/1/20 4/15/18 10/15/18 4/15/19 10/15/19 8/1/20 2/15/18 8/15/19 4/15/17 7/1/18 7/1/18 7/1/19 7/1/20 8/15/18 8/15/18 8/15/18 8/15/19 8/15/19 8/15/19 8/15/20 2/15/20 8/15/18

Face Amount ($000)

Market Value• ($000)

4,000 10,900 9,945 4,500 1,800 2,800 1,100 2,205 1,000 2,615 21,000 5,660 6,400 17,930 2,800 5,335 2,350 50,000 35,350 6,500 30,000 33,425 4,000 16,000 18,470 19,000 57,950 19,500 4,360 7,380 6,940 2,200 1,825 1,350 4,500 725 1,235 2,095 3,210 1,000 3,850 2,900 5,520 10,000 2,300 4,010 3,660 1,055 5,000

4,159 11,367 10,218 4,818 1,820 2,831 1,155 2,315 1,000 2,714 21,312 5,882 6,773 19,336 3,073 5,846 2,701 49,736 36,410 6,880 31,766 36,026 4,384 17,833 20,586 21,813 57,926 21,834 4,561 7,827 7,610 2,389 2,088 1,421 4,465 739 1,320 2,239 3,551 1,139 4,063 3,112 5,911 11,100 2,553 4,451 4,189 1,186 5,022 2,022,163

Utah (0.3%) University of Utah Revenue University of Utah Revenue Utah Associated Municipal Power Systems Revenue (Horse Butte Wind Project) Utah GO Utah GO Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue

4.000% 5.000% 5.000% 5.000% 5.000% 1.350% 5.250%

8/1/18 8/1/19 9/1/18 7/1/17 7/1/18 12/15/16 (Prere.) 6/15/20 (4)

725 1,000 1,015 2,715 2,925 37,000 1,035

764 1,107 1,082 2,793 3,127 37,028 1,187 47,088

Vermont (0.0%) Vermont Educational & Health Buildings Financing (University of Vermont Health Network) Vermont Educational & Health Buildings Financing (University of Vermont Health Network) Vermont Educational & Health Buildings Financing (University of Vermont Health Network) Vermont Educational & Health Buildings Financing (University of Vermont Health Network)

Agency Revenue 3.000%

12/1/16

1,000

1,002

3.000%

12/1/17

500

511

3.000%

12/1/18

500

519

4.000%

12/1/19

475

513

Agency Revenue Agency Revenue Agency Revenue

39

Short-Term Tax-Exempt Fund

Vermont Educational & Health Buildings Financing Agency Revenue (University of Vermont Health Network) Vermont GO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

4.000% 4.000%

12/1/20 8/15/19

500 2,615

551 2,835 5,931

Virgin Islands (0.1%) Virgin Islands Public Virgin Islands Public Virgin Islands Public Virgin Islands Public

Finance Finance Finance Finance

Authority Authority Authority Authority

Revenue Revenue Revenue Revenue

4.000% 5.000% 5.000% 5.000%

9/1/17 10/1/17 10/1/17 9/1/19

600 3,480 1,500 2,000

610 3,548 1,516 2,151 7,825

Virginia (1.6%) Chesterfield County VA GO Chesterfield County VA GO Chesterfield County VA Water & Sewer Revenue Chesterfield County VA Water & Sewer Revenue Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) Fairfax County VA GO 3 Fredericksburg VA Economic Development Authority Hospital Facilities Revenue (Mary Washington Healthcare Obligated Group) PUT Henrico County VA Economic Development Authority Revenue (Bon Secours Health System) Henrico County VA GO Lexington VA Industrial Development Authority Residential Care Facility Revenue (Kendall at Lexington Corp.) Lexington VA Industrial Development Authority Residential Care Facility Revenue (Kendall at Lexington Corp.) Loudoun County VA GO Loudoun County VA GO Louisa VA Industrial Development Authority Poll Control Revenue (Virginia Electric & Power Co.) PUT Louisa VA Industrial Development Authority Poll Control Revenue (Virginia Electric & Power Co.) PUT Newport News VA Economical Development Authority Residential Care Facilities Revenue Newport News VA Economical Development Authority Residential Care Facilities Revenue Newport News VA Economical Development Authority Residential Care Facilities Revenue Norfolk VA Water Revenue Peninsula VA Ports Authority Coal Terminal Revenue PUT Richmond VA GO Richmond VA GO Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) Virginia Beach VA Development Authority Public Facility Revenue Virginia Beach VA Development Authority Public Facility Revenue Virginia Beach VA GO Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (Public Higher Education Financing Program) Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia GO Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public School Authority Revenue Virginia Public School Authority Revenue Virginia Public School Authority School Technology & Security Notes Revenue Virginia Public School Authority School Technology & Security Notes Revenue

5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 4.000%

1/1/19 1/1/20 11/1/18 11/1/19 10/1/17 10/1/18 10/1/19 4/1/20

5,375 8,940 4,610 5,160 3,730 2,150 2,000 1,100

5,847 10,055 4,988 5,776 3,841 2,276 2,228 1,209

2.530% 4.000% 5.000%

2/1/17 11/1/16 8/1/18

6,500 1,390 1,565

6,512 1,390 1,678

3.000%

1/1/19

300

310

3.000% 5.000% 5.000%

1/1/20 12/1/18 12/1/19

450 5,120 5,105

469 5,556 5,733

0.700%

12/1/16

6,250

6,249

1.750% 2.000% 4.000% 4.000% 5.000% 1.550% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

5/16/19 12/1/18 12/1/19 12/1/20 11/1/18 10/1/19 3/1/18 3/1/19 7/1/17 3/1/18 3/1/19 4/1/19

10,000 450 1,215 2,705 725 1,875 3,330 3,710 3,500 3,170 1,000 1,025

10,131 449 1,275 2,865 783 1,869 3,513 4,053 3,595 3,345 1,092 1,125

5.000%

2/1/18

11,275

11,857

5.000%

2/1/19

4,095

4,461

5.000%

2/1/19

1,000

1,089

5.000%

2/1/19

14,875

16,204

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

9/1/20 5/15/18 5/15/19 5/15/20 6/1/17 8/1/18 8/1/18 8/1/18 8/1/20 4/15/17 4/15/18

10,295 8,030 6,755 7,095 1,000 7,890 10,170 4,325 6,015 12,385 13,000

11,776 8,544 7,441 8,069 1,025 8,453 10,896 4,639 6,885 12,631 13,782 225,964

Washington (2.5%) 3 Everett WA GO PUT 3 Grant County WA Public Utility District No. 2 Electric System Revenue PUT King County WA (Bellevue School District) GO

1.030% 0.950% 5.000%

40

12/1/19 12/1/17 12/1/16

3,725 10,000 3,125

3,672 9,969 3,136

Short-Term Tax-Exempt Fund

Coupon

4

3 3

1

2

1

King County WA GO King County WA GO King County WA GO King County WA GO King County WA GO King County WA Sewer Revenue King County WA Sewer Revenue Pierce County WA School District No. 10 (Tacoma) GO Pierce County WA School District No. 10 (Tacoma) GO Pierce County WA School District No. 10 (Tacoma) GO Pierce County WA School District No. 10 (Tacoma) GO Port of Seattle WA Revenue Seattle WA GO Seattle WA Municipal Light & Power Revenue Seattle WA Municipal Light & Power Revenue PUT Seattle WA Municipal Light & Power Revenue PUT Seattle WA Water System Revenue TES Properties Washington Lease Revenue TOB VRDO Tobacco Settlement Authority Washington Revenue Tobacco Settlement Authority Washington Revenue University of Washington Revenue Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington Economic Development Finance Authority Solid Waste Disposal Revenue (Waste Management Inc. Project) PUT Washington Federal Highway Grant Anticipation Revenue (520 Corridor Program) Washington Federal Highway Grant Anticipation Revenue (520 Corridor Program) Washington Federal Highway Grant Anticipation Revenue (520 Corridor Program) Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington Health Care Facilities Authority Revenue (MultiCare Health System) TOB VRDO Washington Health Care Facilities Authority Revenue (Providence Health & Services) Washington Health Care Facilities Authority Revenue (Seattle Cancer Care Alliance) Washington Health Care Facilities Authority Revenue (Seattle Cancer Care Alliance) Washington Housing Finance Commission Multi-Family Housing Revenue (Heron’s Key Obligated Group)

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 4.000% 5.000% 5.250% 5.750% 3.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 1.310% 1.310% 5.000% 0.660% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000%

1/1/18 7/1/18 12/1/18 6/1/19 12/1/19 1/1/18 (Prere.) 1/1/18 (Prere.) 6/1/18 12/1/18 6/1/19 12/1/19 3/1/19 6/1/18 9/1/17 11/1/18 11/1/18 5/1/18 11/7/16 6/1/17 6/1/18 12/1/18 2/1/18 7/1/18 7/1/20

2,000 7,515 2,745 3,610 2,885 35,000 2,500 6,500 5,000 5,000 3,500 4,500 6,455 3,320 6,750 8,250 5,850 10,125 4,130 3,215 1,135 1,995 2,300 4,890

2,098 8,033 2,976 3,887 3,233 36,796 2,643 6,716 5,417 5,380 3,919 4,914 6,880 3,438 6,751 8,251 6,211 10,125 4,228 3,409 1,230 2,098 2,419 5,570

1.250% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.750% 5.000% 5.000% 5.000%

11/1/17 9/1/18 9/1/18 9/1/19 2/1/18 7/1/18 8/1/18 8/1/18 1/1/19 (Prere.) 2/1/19 2/1/19 7/1/19 7/1/19 8/1/19 11/7/16 10/1/17 3/1/17 3/1/18

2,525 13,957 5,000 19,645 4,375 21,675 4,280 11,745 2,000 4,590 7,365 22,835 21,620 4,500 9,690 1,375 300 250

2,531 14,960 5,359 21,716 4,601 23,335 4,586 12,585 2,173 4,998 8,019 25,220 23,878 4,984 9,690 1,427 304 262

4.375%

1/1/21

6,500

6,548 340,575

West Virginia (0.1%) Mason County WV Pollution Control Revenue (Appalachian Power Co. Project) PUT West Virginia Economic Development Authority Solid Waste Facilities Disposal Revenue (Appalachian Power Co. - Amos Project) PUT West Virginia GO 3 West Virginia University Revenue PUT

1.625%

10/1/18

6,000

6,028

1.900% 5.000% 1.160%

4/1/19 6/1/20 10/1/19

5,000 1,400 3,500

5,018 1,591 3,494 16,131

Wisconsin (1.5%) Milwaukee WI GO Milwaukee WI GO Milwaukee WI GO Milwaukee WI GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Alliance Credit Group) PUT Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Alliance Credit Group) PUT 2 Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Alliance Credit Group) PUT

2.000% 4.000% 3.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000%

41

10/1/17 3/15/18 3/1/19 3/1/20 11/1/16 5/1/17 5/1/18 5/1/19 (2) 5/1/19

53,750 15,085 13,575 13,130 6,205 1,000 13,160 4,000 13,270

54,345 15,728 14,196 14,380 6,205 1,022 13,979 4,399 14,595

4.000%

3/1/18

7,500

7,805

4.000%

5/30/19

13,325

14,312

1.375%

12/3/19

21,000

20,997

Short-Term Tax-Exempt Fund

1

Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Credit Group) TOB VRDO Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) PUT Wisconsin Health & Educational Facilities Authority Revenue (Hospital Sisters Services Inc. Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Hospital Sisters Services Inc. Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Hospital Sisters Services Inc. Obligated Group) Wisconsin Public Finance Authority Revenue (Church Home of Hartford Inc.) Wisconsin Transportation Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

0.660% 5.000% 1.250%

11/7/16 7/15/17 8/15/17

750 1,235 11,345

750 1,268 11,370

5.000%

11/15/16

1,660

1,663

5.000%

11/15/17

1,000

1,043

5.000% 4.000% 5.000%

11/15/18 9/1/20 7/1/19

750 425 2,220

810 446 2,454 201,767

Total Tax-Exempt Municipal Bonds (Cost $13,916,281)

13,934,326 Shares

Temporary Cash Investment (2.0%) Money Market Fund (2.0%) Vanguard Municipal Cash Management Fund (Cost $284,365)

0.614%

5

Total Investments (102.7%) (Cost $14,200,646)

2,843,649

284,365 14,218,691 Amount ($000)

Other Assets and Liabilities (-2.7%) Other Assets Investment in Vanguard Receivables for Investment Securities Sold Receivables for Accrued Income Receivables for Capital Shares Issued Other Assets4

1,017 58,505 100,923 19,032 3,343

Total Other Assets

182,820

Liabilities Payables for Investment Securities Purchased Payables for Capital Shares Redeemed Payables for Distributions Payables to Vanguard Other Liabilities

(529,400) (20,561) (3,584) (9,148) (144)

Total Liabilities

(562,837)

Net Assets (100%)

13,838,674

42

Short-Term Tax-Exempt Fund

At October 31, 2016, net assets consisted of: Amount ($000) Paid-in Capital Undistributed Net Investment Income Accumulated Net Realized Losses Unrealized Appreciation (Depreciation) Investment Securities Futures Contracts

13,829,782 15 (9,302)

Net Assets

13,838,674

18,045 134

Investor Shares—Net Assets Applicable to 78,123,236 outstanding $.001 par value shares of beneficial interest (unlimited authorization) Net Asset Value Per Share—Investor Shares

1,234,301 $15.80

Admiral Shares—Net Assets Applicable to 797,774,230 outstanding $.001 par value shares of beneficial interest (unlimited authorization) Net Asset Value Per Share—Admiral Shares

12,604,373 $15.80

• 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 October 31, 2016, the aggregate value of these securities was $1,356,443,000, representing 9.8% of net assets. 2 Security purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of October 31, 2016. 3 Adjustable-rate security. 4 Securities with a value of $1,170,000 and cash of $1,913,000 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

Statement of Changes in Net Assets

Year Ended October 31, 2016

Year Ended October 31,

($000) Investment Income 130,062

Net Investment Income

Total Income

130,062

Realized Net Gain (Loss) Change in Unrealized Appreciation (Depreciation)

Expenses

Net Increase (Decrease) in Net Assets Resulting from Operations

The Vanguard Group—Note B Investment Advisory Services

1,360

Management and Administrative— Investor Shares

1,881

Marketing and Distribution— Admiral Shares Custodian Fees

117,268

96,261

Operations

Interest1

Marketing and Distribution— Investor Shares

2015 ($000)

Increase (Decrease) in Net Assets

Income

Management and Administrative— Admiral Shares

2016 ($000)

4,271

3,187

(29,690)

(29,986)

91,849

69,462

Distributions Net Investment Income

7,602 349 1,276 134

Investor Shares

(10,656)

(10,509)

Admiral Shares

(106,557)

(85,757)

Investor Shares

—

—

Admiral Shares

—

—

(117,213)

(96,266) (342,747)

Realized Capital Gain

Total Distributions Capital Share Transactions

Auditing Fees

34

Investor Shares

(129,503)

Shareholders’ Reports—Investor Shares

56

Admiral Shares

1,598,387

(47,403)

Shareholders’ Reports—Admiral Shares

96

Net Increase (Decrease) from Capital Share Transactions

1,468,884

(390,150)

Total Increase (Decrease)

1,443,520

(416,954)

Trustees’ Fees and Expenses Total Expenses Net Investment Income

6 12,794 117,268

Realized Net Gain (Loss) Investment Securities Sold1

3,099

Futures Contracts

1,172

Realized Net Gain (Loss)

4,271

Net Assets Beginning of Period

12,395,154

12,812,108

End of Period1

13,838,674

12,395,154

1 Net Assets—End of Period includes undistributed (overdistributed) net investment income of $15,000 and ($3,000).

Change in Unrealized Appreciation (Depreciation) Investment Securities Futures Contracts

(29,824) 134

Change in Unrealized Appreciation (Depreciation)

(29,690)

Net Increase (Decrease) in Net Assets Resulting from Operations

91,849

1 Interest income and realized net gain (loss) from an affiliated company of the fund were $694,000 and $0, respectively.

See accompanying Notes, which are an integral part of the Financial Statements. 45

Short-Term Tax-Exempt Fund

Financial Highlights Investor Shares For a Share Outstanding Throughout Each Period Net Asset Value, Beginning of Period

Year Ended October 31, 2016

2015

2014

2013

2012

$15.83

$15.86

$15.87

$15.93

$15.90

Investment Operations Net Investment Income

.131

.110

.115

.141

Net Realized and Unrealized Gain (Loss) on Investments

.171

(.030)

(.030)

(.010)

(.060)

.030

Total from Investment Operations

.101

.080

.105

.081

.201

(.131)

(.110)

(.115)

(.141)

(.171)

—

—

—

—

—

(.131)

(.110)

(.115)

(.141)

(.171)

Distributions Dividends from Net Investment Income Distributions from Realized Capital Gains Total Distributions Net Asset Value, End of Period

$15.80

$15.83

$15.86

$15.87

$15.93

Total Return1

0.64%

0.51%

0.66%

0.51%

1.27%

Net Assets, End of Period (Millions)

$1,234

$1,366

$1,713

$1,822

$2,103

Ratio of Total Expenses to Average Net Assets

0.19%

0.20%

0.20%

0.20%

0.20%

Ratio of Net Investment Income to Average Net Assets

0.83%

0.70%

0.72%

0.89%

1.07%

29%

32%

27%

30%

29%

Ratios/Supplemental Data

Portfolio Turnover Rate

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 For a Share Outstanding Throughout Each Period Net Asset Value, Beginning of Period

Year Ended October 31, 2016

2015

2014

2013

2012

$15.83

$15.86

$15.87

$15.93

$15.90

Investment Operations Net Investment Income

.147

.123

.128

.154

Net Realized and Unrealized Gain (Loss) on Investments

.183

(.030)

(.030)

(.010)

(.060)

.030

Total from Investment Operations

.117

.093

.118

.094

.213

(.147)

(.123)

(.128)

(.154)

(.183)

Distributions Dividends from Net Investment Income Distributions from Realized Capital Gains Total Distributions Net Asset Value, End of Period Total Return1

—

—

(.147)

(.123)

— (.128)

— (.154)

— (.183)

$15.80

$15.83

$15.86

$15.87

$15.93

0.74%

0.59%

0.74%

0.59%

1.35%

Ratios/Supplemental Data Net Assets, End of Period (Millions)

$12,604

$11,029

$11,100

$10,240

$9,351

Ratio of Total Expenses to Average Net Assets

0.09%

0.12%

0.12%

0.12%

0.12%

Ratio of Net Investment Income to Average Net Assets

0.93%

0.78%

0.80%

0.97%

1.15%

29%

32%

27%

30%

29%

Portfolio Turnover Rate

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 acquired over 60 days to maturity 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. Other temporary cash investments are valued at amortized cost, which approximates market 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 year ended October 31, 2016, 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 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 October 31, 2016, 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 October 31, 2016, the fund had contributed to Vanguard capital in the amount of $1,017,000, 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 October 31, 2016, based on the inputs used to value them: Level 1 ($000)

Level 2 ($000)

Tax-Exempt Municipal Bonds

—

13,934,326

—

Temporary Cash Investments

284,365

—

—

Futures Contracts—Assets1

176

—

—

Futures Contracts—Liabilities1

(46)

—

—

284,495

13,934,326

—

Investments

Total

Level 3 ($000)

1 Represents variation margin on the last day of the reporting period.

D. At October 31, 2016, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were: ($000) Aggregate Settlement Value Long (Short)

Expiration

Number of Long (Short) Contracts

2-Year U.S. Treasury Note

December 2016

(650)

(141,792)

50

10-Year U.S. Treasury Note

December 2016

518

67,146

84

Futures Contracts

Unrealized Appreciation (Depreciation)

134

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 used capital loss carryforwards of $4,054,000 to offset taxable capital gains realized during the year ended October 31, 2016. At October 31, 2016, the fund had available capital losses totaling $9,023,000 to offset future net capital gains through October 31, 2019. At October 31, 2016, the cost of investment securities for tax purposes was $14,200,790,000. Net unrealized appreciation of investment securities for tax purposes was $17,901,000, consisting of unrealized gains of $31,032,000 on securities that had risen in value since their purchase and $13,131,000 in unrealized losses on securities that had fallen in value since their purchase. F. During the year ended October 31, 2016, the fund purchased $3,709,642,000 of investment securities and sold $2,978,523,000 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 year ended October 31, 2016, such purchases and sales were $907,225,000 and $1,506,683,000 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: Year Ended October 31, 2016

2015

Amount ($000)

Shares (000)

Amount ($000)

Shares (000)

369,389

23,343

401,348

25,349

8,661

547

8,366

529

Redeemed

(507,553)

(32,076)

(752,461)

(47,532)

Net Increase (Decrease)—Investor Shares

(129,503)

(8,186)

(342,747)

(21,654)

5,819,980

367,752

4,552,621

287,626

75,295

4,758

61,696

3,898

(4,296,888)

(271,522)

(4,661,720)

(294,494)

1,598,387

100,988

(47,403)

(2,970)

Investor Shares Issued Issued in Lieu of Cash Distributions

Admiral Shares Issued Issued in Lieu of Cash Distributions Redeemed Net Increase (Decrease)—Admiral Shares

H. Management has determined that no material events or transactions occurred subsequent to October 31, 2016, that would require recognition or disclosure in these financial statements.

49

Limited-Term Tax-Exempt Fund Fund Profile As of October 31, 2016

Share-Class Characteristics

Largest Area Concentrations2

Distribution by Stated Maturity (% of portfolio)

Investor Shares

Admiral Shares

New York

13.3%

Under 6 Months

Ticker Symbol

VMLTX

VMLUX

Texas

10.8

6 Months–1 Year

Expense Ratio1

0.20%

0.12%

California

10.7

1–2 Years

15.0

30-Day SEC Yield

1.08%

1.20%

Pennsylvania

5.2

2–3 Years

13.0

New Jersey

5.0

3–4 Years

14.5

Massachusetts

4.8

4–5 Years

13.4

Ohio

4.2

Over 5 Years

22.2

Illinois

4.1

Financial Attributes Bloomberg Barclays Bloomberg 1–5 Year Barclays Municipal Municipal Bond Bond Fund Index Index Number of Bonds

3,834

16,635

49,796

Yield to Maturity (before expenses)

1.2%

1.2%

2.0%

Average Coupon Average Duration Average Stated Maturity Short-Term Reserves

3.9% 2.5 years 3.2 years 8.8%

4.9% 2.7 years

Florida

4.0

Maryland

3.5

Top Ten

Volatility Measures Bloomberg Barclays Municipal Bond Index

R-Squared

0.95

0.69

Beta

0.99

0.37

4.8% 5.9 years

—

7.1

Distribution by Credit Quality (% of portfolio) AAA

18.7%

AA

55.4

A

19.1

BBB

Bloomberg Barclays 1–5 Year Municipal Bond Index

3.2 years 12.9 years —

65.6%

14.8%

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

4.8

BB

0.4

B or Lower

0.4

Not Rated

1.2

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 Short Med.

Average Maturity Credit Quality

Long

High Medium Low

1 The expense ratios shown are from the prospectus dated February 26, 2016, and represent estimated costs for the current fiscal year. For the fiscal year ended October 31, 2016, the 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.

Cumulative Performance: October 31, 2006–October 31, 2016 Initial Investment of $10,000 $18,000 12,859

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

Average Annual Total Returns Periods Ended October 31, 2016

6,000

One Year

Five Years

Ten Years

Final Value of a $10,000 Investment

Limited-Term Tax-Exempt Fund Investor Shares

1.31%

1.56%

2.55%

$12,859

Bloomberg Barclays 1–5 Year Municipal Bond Index

1.09

1.71

3.02

1–5 Year Municipal Funds Average1

0.94

1.13

1.89

12,060

Bloomberg Barclays Municipal Bond Index

4.06

4.34

4.57

15,637

13,464

One Year

Five Years

Ten Years

Final Value of a $50,000 Investment

Limited-Term Tax-Exempt Fund Admiral Shares

1.41%

1.64%

2.63%

$64,810

Bloomberg Barclays 1–5 Year Municipal Bond Index

1.09

1.71

3.02

67,318

Bloomberg Barclays Municipal Bond Index

4.06

4.34

4.57

78,184

1 Derived from data provided by Lipper, a Thomson Reuters Company. See Financial Highlights for dividend and capital gains information. 51

Limited-Term Tax-Exempt Fund

Fiscal-Year Total Returns (%): October 31, 2006–October 31, 2016

Investor Shares Income Returns

Fiscal Year

Capital Returns

Total Returns

0.09%

Bloomberg Barclays 1–5 Year Municipal Bond Index Total Returns

2007

3.53%

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

Average Annual Total Returns: Periods Ended September 30, 2016 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

1.76%

1.51%

2.29%

0.30%

2.59%

Admiral Shares

2/12/2001

1.86

1.60

2.37

0.30

2.67

52

Limited-Term Tax-Exempt Fund

Financial Statements Statement of Net Assets As of October 31, 2016

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).

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

1/1/23

14,310

17,193

1.850% 5.000% 5.000% 5.000%

11/1/22 6/1/19 6/1/21 6/1/22

9,000 2,000 1,000 1,500

8,985 2,203 1,165 1,784

1.500% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000%

5/1/20 1/1/23 1/1/23 6/1/21 10/1/24 10/1/25 11/1/20

4,425 1,000 430 10,000 2,000 1,000 1,000

4,428 1,205 514 11,005 2,357 1,187 1,151

5.000%

2/1/21

3,065

3,495

5.000%

2/1/22

4,365

5,060

5.000% 5.000% 5.000% 5.000% 1.625%

2/1/23 10/1/17 10/1/18 10/1/21 10/2/18

4,565 1,620 1,500 1,300 10,000

5,387 1,671 1,580 1,429 10,071

5.000% 5.000% 5.000%

2/1/17 3/1/22 3/1/22

2,475 600 1,000

2,496 709 1,182

5.000%

7/1/22 (15)

3,485

4,105

5.000%

7/1/23 (15)

3,660

4,389

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/24 (15) 10/1/17 10/1/17 7/1/18 7/1/19 11/1/20 11/1/21 11/1/22

3,845 1,630 3,565 4,680 5,345 1,395 825 1,080

4,678 1,693 3,703 4,997 5,903 1,590 961 1,281

Tax-Exempt Municipal Bonds (100.9%) Alabama (0.5%) Alabama Public School & College Authority Capital Improvement Revenue 1 Alabama Special Care Facilities Financing Authority Birmingham Revenue (Ascension Health Credit Group) PUT Auburn University Alabama General Fee Revenue Baldwin County AL Board of Education Revenue Baldwin County AL Board of Education Revenue Birmingham AL Special Care Facilities Financing Authority Revenue (Ascension Health Credit Group) PUT Birmingham AL Water Works Board Water Revenue Birmingham AL Water Works Board Water Revenue Black Belt Energy Gas District Alabama Gas Supply Revenue PUT Houston County AL Health Care Authority Revenue Houston County AL Health Care Authority Revenue Huntsville AL Water System Revenue Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama Revenue (Infirmary Health System Inc.) Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama Revenue (Infirmary Health System Inc.) Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama Revenue (Infirmary Health System Inc.) Jefferson County AL Sewer Revenue Jefferson County AL Sewer Revenue Jefferson County AL Sewer Revenue Mobile AL Industrial Development Board Pollution Control Revenue (Alabama Power Co.) PUT Mobile AL Infirmary Health System Special Care Facilities Financing Authority Revenue (Infirmary Health System Inc.) Mobile County AL Board of School Commissioners GO Mobile County AL Board of School Commissioners GO Tuscaloosa AL Public Educational Building Authority Student Housing Revenue (Ridgecrest Student Housing LLC) Tuscaloosa AL Public Educational Building Authority Student Housing Revenue (Ridgecrest Student Housing LLC) Tuscaloosa AL Public Educational Building Authority Student Housing Revenue (Ridgecrest Student Housing LLC) University of Alabama at Birmingham Revenue University of Alabama at Birmingham Revenue University of Alabama General Revenue University of Alabama General Revenue University of South Alabama University Facilities Revenue University of South Alabama University Facilities Revenue University of South Alabama University Facilities Revenue

119,557 Alaska (0.4%) Alaska GO Alaska Municipal Bond Bank Authority Revenue Alaska Municipal Bond Bank Authority Revenue 1 Alaska Municipal Bond Bank Authority Revenue Alaska Municipal Bond Bank Authority Revenue 1 Alaska Municipal Bond Bank Authority Revenue Alaska Railroad Corp. Capital Grant Receipt Revenue Alaska Railroad Corp. Capital Grant Receipt Revenue Alaska Railroad Corp. Capital Grant Receipt Revenue Alaska Railroad Corp. Capital Grant Receipt Revenue Alaska State International Airport Revenue Alaska State International Airport Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

53

8/1/22 12/1/21 12/1/22 12/1/22 12/1/23 12/1/23 8/1/19 8/1/21 8/1/22 8/1/23 10/1/23 10/1/24

5,590 2,265 2,410 1,740 2,530 4,785 2,000 10,140 10,265 13,515 500 1,500

6,660 2,629 2,852 2,059 3,021 5,712 2,189 11,618 11,992 16,051 611 1,856

Limited-Term Tax-Exempt Fund

Anchorage AK GO Anchorage AK GO Anchorage AK GO Anchorage AK GO Anchorage AK GO Matanuska-Susitna Borough AK Matanuska-Susitna Borough AK Matanuska-Susitna Borough AK Matanuska-Susitna Borough AK North Slope Borough AK GO

Lease Lease Lease Lease

Revenue Revenue Revenue Revenue

(Goose (Goose (Goose (Goose

Creek Creek Creek Creek

Correctional Correctional Correctional Correctional

Center) Center) Center) Center)

GO GO GO GO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

9/1/21 9/1/21 9/1/21 9/1/22 9/1/22 9/1/20 9/1/21 9/1/22 9/1/23 6/30/18

2,000 2,605 1,000 2,000 1,665 1,725 1,950 1,450 4,150 13,035

2,339 3,046 1,169 2,395 1,994 1,954 2,259 1,714 4,985 13,886 102,991

Arizona (1.5%) Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona COP Arizona COP Arizona COP Arizona COP Arizona COP Arizona COP Arizona COP Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) 2 Arizona Health Facilities Authority Revenue (Banner Health) TOB VRDO 3 Arizona Health Facilities Authority Revenue (Phoenix Children’s Hospital) PUT 3 Arizona Health Facilities Authority Revenue (Phoenix Children’s Hospital) PUT Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) Arizona School Facilities Board COP Arizona School Facilities Board COP Arizona School Facilities Board COP Arizona State University Revenue (McAllister Academic Village LLC) Arizona State University Revenue (McAllister Academic Village LLC) Arizona Transportation Board Excise Tax Revenue Arizona Transportation Board Excise Tax Revenue Arizona Transportation Board Excise Tax Revenue Arizona Transportation Board Highway Revenue 2 Arizona Transportation Board Highway Revenue TOB VRDO Arizona Water Infrastructure Finance Authority Revenue Arizona Water Infrastructure Finance Authority Revenue Glendale AZ GO Glendale AZ GO Glendale AZ Industrial Development Authority Revenue (Midwestern University) Glendale AZ Industrial Development Authority Senior Living Facilities Revenue (Royal Oaks Life Care Community) Glendale AZ Industrial Development Authority Senior Living Facilities Revenue (Royal Oaks Life Care Community) Glendale AZ Industrial Development Authority Senior Living Facilities Revenue (Royal Oaks Life Care Community) Glendale AZ Industrial Development Authority Senior Living Facilities Revenue (Royal Oaks Life Care Community) Glendale AZ Senior Excise Tax Revenue

54

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.750% 2.480% 2.480% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.660% 5.000% 5.000% 4.000% 5.000% 5.000%

8/1/19 7/1/20 8/1/20 7/1/21 7/1/21 7/1/21 7/1/21 7/1/21 7/1/22 7/1/22 7/1/22 7/1/22 7/1/22 7/1/23 7/1/23 7/1/23 10/1/17 10/1/18 9/1/19 9/1/20 9/1/21 10/1/22 10/1/23 2/1/18 2/1/19 2/1/20 11/7/16 2/5/20 2/5/20 12/1/19 12/1/20 12/1/21 12/1/22 9/1/18 9/1/20 9/1/21 7/1/20 7/1/22 7/1/21 7/1/22 7/1/23 7/1/20 11/7/16 10/1/19 (ETM) 10/1/19 7/1/21 (4) 7/1/22 (4) 5/15/17

2,140 6,000 1,700 975 300 5,000 10,000 625 455 3,190 3,185 425 600 650 750 1,500 1,000 900 1,500 4,300 6,380 4,880 6,500 1,000 2,600 4,550 5,500 20,000 5,000 600 1,000 1,000 800 1,500 11,000 7,000 1,505 1,770 9,000 3,000 3,500 3,360 6,605 530 1,470 3,400 1,670 3,115

2,369 6,836 1,939 1,142 351 5,857 11,715 732 546 3,826 3,820 510 720 794 916 1,831 1,038 968 1,620 4,899 7,447 5,829 7,891 1,047 2,808 5,058 5,500 20,352 5,088 668 1,146 1,175 962 1,606 12,514 8,162 1,705 2,097 10,543 3,587 4,263 3,831 6,605 591 1,638 3,759 1,961 3,177

4.000%

5/15/20

450

490

4.000%

5/15/21

750

830

4.000%

5/15/22

750

838

4.000% 5.000%

5/15/23 7/1/20

750 2,770

847 3,141

Limited-Term Tax-Exempt Fund

1

1

1

1

Glendale AZ Senior Excise Tax Revenue Glendale AZ Senior Excise Tax Revenue Goodyear Public Improvement Corp. Municipal Facilities Revenue Goodyear Public Improvement Corp. Municipal Facilities Revenue Goodyear Public Improvement Corp. Municipal Facilities Revenue Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) Maricopa County AZ Unified School District No. 4 (Mesa) GO Maricopa County AZ Unified School District No. 4 (Mesa) GO Phoenix AZ Civic Improvement Corp. Airport Revenue Phoenix AZ Civic Improvement Corp. Airport Revenue Phoenix AZ Civic Improvement Corp. Airport Revenue Phoenix AZ Civic Improvement Corp. Excise Tax Revenue Phoenix AZ Civic Improvement Corp. Excise Tax Revenue Phoenix AZ Civic Improvement Corp. Excise Tax Revenue Phoenix AZ Civic Improvement Corp. Water System Revenue Phoenix AZ Civic Improvement Corp. Water System Revenue Phoenix AZ Industrial Development Authority Revenue (Mayo Clinic) VRDO Pima County AZ Regional Transportation Authority Excise Tax Revenue Pima County AZ Regional Transportation Authority Excise Tax Revenue Pima County AZ Regional Transportation Authority Excise Tax Revenue Pima County AZ Sewer Revenue Pima County AZ Sewer Revenue Pima County AZ Tucson Unified School District No. 1 GO Pima County AZ Tucson Unified School District No. 1 GO Regional Public Transportation Authority Arizona Excise Tax Revenue (Maricopa County Public Transportation) Salt River Project Arizona Agricultural Improvement & Power District Revenue Salt River Project Arizona Agricultural Improvement & Power District Revenue Salt Verde AZ Financial Corp. Gas Revenue Salt Verde AZ Financial Corp. Gas Revenue Scottsdale AZ GO Scottsdale AZ GO Scottsdale AZ GO University Medical Center Corp. Arizona Hospital Revenue Yavapai County AZ Industrial Development Authority Hospital Facility Revenue (Northern Arizona Healthcare System) Yavapai County AZ Industrial Development Authority Hospital Facility Revenue (Northern Arizona Healthcare System) Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical

Center) Center) Center) Center)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000%

7/1/21 7/1/22 7/1/21 7/1/22 7/1/24

2,900 3,100 800 1,500 900

3,371 3,687 931 1,785 1,108

5.000%

1/1/21

3,500

4,018

5.000%

1/1/22

3,650

4,289

5.000%

1/1/23

5,500

6,569

5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.470% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

1/1/24 7/1/18 7/1/19 7/1/20 7/1/21 7/1/22 7/1/17 7/1/21 7/1/22 7/1/20 7/1/21 11/1/16 6/1/19 6/1/20 6/1/21 7/1/19 7/1/22 7/1/21 (15) 7/1/22 (15)

2,250 3,220 3,750 450 335 200 3,310 2,000 1,775 17,055 12,360 25,850 3,155 2,840 3,000 1,000 7,250 400 1,000

2,734 3,383 4,043 510 388 238 3,405 2,341 2,130 19,465 14,485 25,850 3,475 3,227 3,503 1,105 8,696 465 1,190

5.250% 4.000% 5.000% 5.000% 5.250% 5.000% 5.000% 4.000% 5.000%

7/1/20 12/1/17 12/1/18 12/1/18 12/1/19 7/1/17 7/1/19 7/1/20 7/1/21 (ETM)

4,850 1,000 4,520 165 1,565 2,700 1,860 11,150 2,740

5,568 1,035 4,898 176 1,726 2,778 2,058 12,330 3,207

5.000%

10/1/17

1,445

1,499

5.000% 5.000% 5.000% 5.000% 5.000%

10/1/18 8/1/20 8/1/21 8/1/22 8/1/23

2,185 1,000 750 1,000 1,000

2,346 1,124 860 1,169 1,184 357,934

Arkansas (0.2%) Arkansas Development Finance Authority Healthcare Revenue (Baptist Health) Arkansas Development Finance Authority Healthcare Revenue (Baptist Health) Arkansas Development Finance Authority Healthcare Revenue (Baptist Health) Arkansas Development Finance Authority Hospital Revenue (Washington Regional Medical Center) Arkansas Development Finance Authority Hospital Revenue (Washington Regional Medical Center) Arkansas Federal Highway Grant Anticipation & Tax Revenue GO Baxter County AR Hospital Revenue Baxter County AR Hospital Revenue Baxter County AR Hospital Revenue Baxter County AR Hospital Revenue Independence County AR Pollution Control Revenue (Entergy Arkansas, Inc. Project) Jefferson County AR Pollution Control Revenue (Entergy Arkansas, Inc. Project)

5.000% 5.000% 5.000%

12/1/20 12/1/21 12/1/22

4,225 4,560 700

4,831 5,344 839

5.000%

2/1/21

920

1,047

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 2.375% 1.550%

2/1/22 10/1/21 9/1/20 9/1/21 9/1/22 9/1/23 1/1/21 10/1/17

760 5,000 780 1,140 1,000 960 15,000 10,000

883 5,897 872 1,296 1,153 1,114 15,614 10,056 48,946

California (10.7%) ABAG Finance Authority for Nonprofit Corps. California Revenue (Jackson Laboratory) ABAG Finance Authority for Nonprofit Corps. California Revenue (Jackson Laboratory)

55

5.000% 5.000%

7/1/18 7/1/19

1,000 1,050

1,066 1,158

Limited-Term Tax-Exempt Fund

1 1 1

2

3

3 3 2

3

2

3

ABAG Finance Authority for Nonprofit Corps. California Revenue (Sharp Healthcare) ABAG Finance Authority for Nonprofit Corps. California Revenue (Sharp Healthcare) Alameda CA Corridor Transportation Authority Revenue Alameda CA Corridor Transportation Authority Revenue Alameda CA Corridor Transportation Authority Revenue Alameda CA Corridor Transportation Authority Revenue Alameda County CA Joint Powers Authority Lease Revenue Alameda County CA Joint Powers Authority Lease Revenue Alameda County CA Joint Powers Authority Lease Revenue Antelope Valley-East Kern CA Water Agency Revenue Bakersfield CA Wastewater Revenue TOB VRDO Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) TOB VRDO Brea CA Redevelopment Agency Successor Agency Tax Allocation Revenue (Redevelopment Project AB) Brea CA Redevelopment Agency Successor Agency Tax Allocation Revenue (Redevelopment Project AB) Brea CA Redevelopment Agency Successor Agency Tax Allocation Revenue (Redevelopment Project AB) California County CA Tobacco Securitization Agency Revenue California County CA Tobacco Securitization Agency Revenue California Department of Water Resources Power Supply Revenue California Department of Water Resources Power Supply Revenue California Department of Water Resources Power Supply Revenue California Department of Water Resources Power Supply Revenue California Department of Water Resources Water System Revenue (Central Valley Project) California Department of Water Resources Water System Revenue (Central Valley Project) California Department of Water Resources Water System Revenue (Central Valley Project) California Department of Water Resources Water System Revenue (Central Valley Project) California Department of Water Resources Water System Revenue (Central Valley Project) California Department of Water Resources Water System Revenue (Central Valley Project) California Department of Water Resources Water System Revenue (Central Valley Project) PUT California Economic Recovery GO California Economic Recovery GO California Economic Recovery GO California Educational Facilities Authority Revenue (University of Southern California) TOB VRDO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO

56

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 4.000% 5.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.000% 4.000% 0.850% 5.000% 5.000% 4.000% 1.367% 1.450% 1.450% 1.500% 1.875% 1.330% 1.875% 1.530% 1.530% 0.670%

8/1/19 8/1/20 10/1/19 10/1/20 10/1/20 10/1/20 12/1/21 12/1/22 12/1/23 6/1/21 11/7/16 4/1/17 4/1/17 4/1/21 8/1/17 8/1/17 8/1/17 4/2/18 4/1/19 10/1/19 4/1/20 5/1/23 5/1/23 11/7/16

1,000 500 1,000 5,485 115 1,730 1,200 1,540 1,820 1,000 5,315 13,870 12,205 3,350 28,500 7,000 17,000 13,500 15,200 9,825 27,500 28,500 4,000 4,910

1,108 552 1,115 5,220 108 1,985 1,416 1,854 2,231 1,124 5,315 14,114 12,420 3,767 28,563 7,012 17,032 13,569 15,410 9,828 27,919 28,479 3,997 4,910

5.000%

8/1/18

1,200

1,284

5.000%

8/1/19

2,000

2,212

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.930% 5.000% 5.000% 5.000% 0.660% 5.000% 5.000% 6.000% 5.000% 1.380% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

8/1/20 6/1/19 6/1/20 5/1/17 5/1/19 5/1/21 5/1/22 12/1/17 12/1/17 12/1/18 12/1/18 12/1/19 12/1/19 12/1/17 7/1/17 7/1/18 7/1/18 11/7/16 11/1/16 12/1/16 2/1/17 3/1/17 5/1/17 9/1/17 9/1/17 10/1/17 10/1/17 9/1/18 9/1/18 10/1/18 2/1/19 9/1/19 9/1/19 2/1/20 11/1/20 12/1/20 2/1/21 9/1/21 10/1/21 10/1/21 11/1/21

2,200 1,000 1,200 22,000 10,000 23,000 54,000 10 2,490 5 1,360 10 3,990 32,250 15,090 32,295 9,305 6,310 5,375 2,500 3,500 3,755 3,700 4,250 2,805 20,000 4,005 32,260 8,050 34,000 11,000 19,000 17,825 44,500 21,520 25,475 10,000 52,595 28,000 41,940 49,440

2,505 1,089 1,340 22,484 11,010 26,917 64,870 10 2,608 5 1,477 11 4,482 32,171 15,524 34,525 9,947 6,310 5,375 2,509 3,547 3,810 3,700 4,403 2,906 20,789 4,163 34,712 8,662 36,697 12,001 21,151 19,843 50,144 24,802 29,435 11,588 61,906 33,036 49,482 58,469

(ETM) (2)

(Prere.) (Prere.)

(ETM) (ETM) (ETM)

(ETM) (ETM) (ETM) (2) (2)

Limited-Term Tax-Exempt Fund

3 3 3

2 2 2

3

3

2

2

3

3 3 3

3

California GO California GO California GO California GO PUT California GO PUT California GO PUT California GO PUT California GO TOB VRDO California GO TOB VRDO California GO TOB VRDO California Health Facilities Financing Authority Revenue (Adventist Health System/West) California Health Facilities Financing Authority Revenue (Adventist Health System/West) California Health Facilities Financing Authority Revenue (Adventist Health System/West) California Health Facilities Financing Authority Revenue (Adventist Health System/West) California Health Facilities Financing Authority Revenue (Catholic Healthcare West) California Health Facilities Financing Authority Revenue (Cedars-Sinai Medical Center) California Health Facilities Financing Authority Revenue (Cedars-Sinai Medical Center) California Health Facilities Financing Authority Revenue (Children’s Hospital of Los Angeles) PUT California Health Facilities Financing Authority Revenue (City of Hope Medical Center) California Health Facilities Financing Authority Revenue (El Camino Hospital) California Health Facilities Financing Authority Revenue (El Camino Hospital) California Health Facilities Financing Authority Revenue (Lucile Salter Packard Children’s Hospital at Stanford) PUT California Health Facilities Financing Authority Revenue (Providence Health & Services) California Health Facilities Financing Authority Revenue (Providence Health & Services) California Health Facilities Financing Authority Revenue (Providence St. Joseph Health Obligated Group) PUT California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT California Health Facilities Financing Authority Revenue (Sutter Health) California Health Facilities Financing Authority Revenue (Sutter Health) PUT California Infrastructure & Economic Development Bank Revenue (Academy of Motion Picture Arts & Sciences Obligated Group) California Infrastructure & Economic Development Bank Revenue (Academy of Motion Picture Arts & Sciences Obligated Group) PUT California Infrastructure & Economic Development Bank Revenue (Academy of Motion Picture Arts & Sciences Obligated Group) TOB VRDO California Infrastructure & Economic Development Bank Revenue (Bay Area Toll Bridges Seismic Retrofit) TOB VRDO California Infrastructure & Economic Development Bank Revenue (Index-Museum Art Project) PUT California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT California Municipal Finance Authority (Community Hospitals of Central California Obligated Group) COP California Municipal Finance Authority Revenue (Anaheim Electric Utility Distribution System) California Municipal Finance Authority Revenue (Anaheim Electric Utility Distribution System) PUT California Municipal Finance Authority Solid Waste Revenue (Republic Services Inc. Project) PUT California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Department of State Hospitals) California Public Works Board Lease Revenue (Department of State Hospitals) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Regents of The University of California) California Public Works Board Lease Revenue (Regents of The University of California) California Public Works Board Lease Revenue (Various Capital Projects)

57

Coupon

Maturity Date

4.000% 5.000% 5.000% 1.072% 1.080% 1.202% 4.000% 0.730% 0.810% 0.810% 2.000% 3.000% 3.000% 4.000% 5.000% 5.000% 5.000% 2.430% 4.000% 4.000% 5.000%

9/1/22 9/1/22 9/1/22 12/1/17 5/1/18 12/3/18 12/1/21 11/7/16 LOC 11/7/16 LOC 11/7/16 LOC 3/1/18 3/1/19 3/1/20 3/1/21 3/1/19 8/15/17 8/15/18 7/1/17 11/15/18 2/1/21 2/1/22

1.450% 5.000% 5.000%

3/15/17 (Prere.) 10/1/21 10/1/22

Face Amount ($000)

Market Value• ($000)

10,000 10,000 43,025 14,250 29,500 6,500 20,700 18,740 16,750 15,080 5,980 6,045 6,290 850 5,125 3,000 3,000 8,825 1,000 1,500 1,000

11,479 12,039 51,796 14,278 29,420 6,535 23,202 18,740 16,750 15,080 6,069 6,317 6,667 948 5,607 3,100 3,218 8,871 1,063 1,657 1,172

5,000 750 2,205

5,013 890 2,682

1.250% 5.000% 5.000% 1.700% 5.000% 4.000% 1.000%

10/1/20 10/15/19 10/15/20 10/18/22 10/18/22 8/15/17 8/15/19

6,400 23,500 10,000 10,000 6,000 5,000 6,000

6,371 26,082 11,428 9,982 7,230 5,133 5,972

5.000%

11/1/22

1,000

1,203

1.324%

11/1/20

20,000

20,137

0.830%

11/7/16

6,670

6,670

0.620%

11/1/16 (Prere.)

9,000

9,000

29,000 8,500 32,200 30,000

29,528 8,492 32,169 30,041

1,145 1,300 14,000 13,000 5,000 4,500 5,820 10,650 2,500 5,790 1,845 1,180 16,620 1,690 5,600 5,200 5,200 4,000 1,175 1,240 2,665 2,960 2,385

1,157 1,537 13,946 13,000 5,125 4,622 6,045 11,333 2,660 6,217 1,987 1,280 18,295 1,936 6,165 5,898 5,435 4,333 1,323 1,421 2,876 3,303 2,428

2.124% 0.910% 0.910% 0.910% 5.000% 5.000% 1.130% 0.950% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

8/1/18 4/3/17 4/3/17 4/1/18 2/1/17 10/1/21 4/2/18 1/3/17 6/1/17 9/1/17 10/1/17 6/1/18 6/1/18 9/1/18 10/1/18 11/1/18 (14) 6/1/19 10/1/20 6/1/19 6/1/20 12/1/17 12/1/18 3/1/20 10/1/20 10/1/18 (ETM) 10/1/19 (ETM) 4/1/17

Limited-Term Tax-Exempt Fund

2

2

2

2,3

California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue PUT California State University Systemwide Revenue PUT California Statewide Communities Development Authority Pollution Control Revenue (Southern California Edison Co.) PUT California Statewide Communities Development Authority Revenue (Cottage Health System Obligated Group) TOB VRDO California Statewide Communities Development Authority Revenue (Huntington Memorial Hospital) California Statewide Communities Development Authority Revenue (Huntington Memorial Hospital) California Statewide Communities Development Authority Revenue (Huntington Memorial Hospital) California Statewide Communities Development Authority Revenue (Huntington Memorial Hospital) California Statewide Communities Development Authority Revenue (Kaiser Permanente) TOB VRDO California Statewide Communities Development Authority Revenue (St. Joseph Health System) TOB VRDO California Statewide Communities Development Authority Senior Living Health Facility Revenue (Los Angeles Jewish Home for the Aging) California Statewide Communities Development Authority Senior Living Health Facility Revenue (Los Angeles Jewish Home for the Aging) Capistrano CA Unified School District Special Tax Revenue Chula Vista CA Industrial Development Revenue (San Diego Gas & Electric Co.) Chula Vista CA Municipal Financing Authority Special Tax Revenue Chula Vista CA Municipal Financing Authority Special Tax Revenue Chula Vista CA Municipal Financing Authority Special Tax Revenue Contra Costa CA Municipal Water District Revenue Contra Costa CA Municipal Water District Revenue Contra Costa CA Municipal Water District Revenue Contra Costa CA Municipal Water District Revenue East Bay CA Municipal Utility District Water System Revenue East Bay CA Municipal Utility District Water System Revenue Eaton Vance California Municipal Bond Fund II Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue PUT Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue PUT Glendale CA Redevelopment Agency Successor Agency Tax Allocation Revenue (Central Glendale Redevelopment Project) Glendale CA Redevelopment Agency Successor Agency Tax Allocation Revenue (Central Glendale Redevelopment Project) Glendale CA Redevelopment Agency Successor Agency Tax Allocation Revenue (Central Glendale Redevelopment Project) Glendale CA Redevelopment Agency Successor Agency Tax Allocation Revenue (Central Glendale Redevelopment Project) Irvine CA Reassessment District No. 13-1 Improvement Revenue La Quinta CA Redevelopment Agency Tax Allocation Revenue La Quinta CA Redevelopment Agency Tax Allocation Revenue

58

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000%

10/1/17 11/1/17 1/1/18 4/1/18 10/1/18 11/1/18 11/1/18 1/1/19 11/1/19 11/1/19 4/1/20 11/1/20 11/1/21 4/1/22 11/1/22 4/1/23 11/1/23 11/1/17 11/1/18 11/1/21 11/1/22 11/1/23 11/1/21 11/1/23

3,000 1,000 11,710 1,000 3,500 1,200 2,500 7,755 2,000 2,750 3,050 2,000 3,500 5,885 5,000 6,620 5,000 5,505 4,000 8,525 2,700 2,270 26,800 4,000

3,116 1,042 12,271 1,058 3,769 1,296 2,700 8,416 2,232 3,068 3,443 2,297 4,119 6,990 6,021 7,967 6,092 5,743 4,330 10,124 3,291 2,822 29,930 4,595

1.375%

4/2/18

45,200

45,422

0.780%

11/7/16

4,880

4,880

5.000%

7/1/19

500

550

5.000%

7/1/20

325

368

5.000%

7/1/21

275

319

5.000%

7/1/22

250

297

0.830%

11/7/16

6,630

6,630

0.670%

11/7/16 (4)

39,400

39,400

1,165

1,166

2.500%

8/1/20

3.000% 5.000% 1.650% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.480% 0.000% 5.000% 5.000%

8/1/21 9/1/20 (15) 7/1/18 9/1/17 9/1/18 9/1/19 10/1/18 10/1/19 10/1/20 10/1/21 6/1/17 6/1/19 7/1/19 1/15/21 (4) 1/15/18 1/15/20

2,600 4,810 9,000 570 2,310 2,610 2,000 2,100 1,500 2,000 2,450 2,000 8,250 4,115 20,495 52,515

2,604 5,322 9,007 589 2,474 2,885 2,160 2,348 1,731 2,370 2,513 2,211 8,251 3,798 20,993 56,762

4.000%

12/1/17 (4)

2,500

2,585

4.000%

12/1/18 (4)

1,185

1,258

4.000%

12/1/19 (4)

2,910

3,160

5.000% 4.000% 4.000% 5.000%

12/1/21 (4) 9/2/18 9/1/17 9/1/18

1,725 1,450 1,130 1,745

2,031 1,521 1,160 1,872

Limited-Term Tax-Exempt Fund

3 3 3 3 3 3

2

2

2

La Quinta CA Redevelopment Agency Tax Allocation Revenue La Quinta CA Redevelopment Agency Tax Allocation Revenue La Quinta CA Redevelopment Agency Tax Allocation Revenue La Verne CA (Brethren Hillcrest Homes) COP La Verne CA (Brethren Hillcrest Homes) COP La Verne CA (Brethren Hillcrest Homes) COP Long Beach CA Finance Authority Natural Gas Purchase Revenue Long Beach CA Harbor Revenue Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Department of Airports International Airport Revenue Los Angeles CA Department of Airports International Airport Revenue Los Angeles CA GO Los Angeles CA GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue Los Angeles County CA Public Works Financing Authority Lease Revenue Los Angeles County CA Public Works Financing Authority Lease Revenue Los Angeles County CA Public Works Financing Authority Lease Revenue Los Angeles County CA Public Works Financing Authority Lease Revenue Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Various Project Areas) Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Various Project Areas) Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Various Project Areas) Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Various Project Areas) Los Angeles County CA Regional Financing Authority Revenue (MonteCedro Inc. Project) Metropolitan Water District of Southern California Revenue PUT Metropolitan Water District of Southern California Revenue PUT Metropolitan Water District of Southern California Revenue PUT Metropolitan Water District of Southern California Revenue PUT Metropolitan Water District of Southern California Revenue PUT Metropolitan Water District of Southern California Revenue PUT Modesto CA Irrigation District Electric Revenue Modesto CA Irrigation District Electric Revenue Modesto CA Irrigation District Electric Revenue Modesto CA Irrigation District Electric Revenue Northern California Gas Authority No. 1 Revenue Nuveen California AMT-Free Municipal Income Fund VRDP VRDO Nuveen Insured California AMT-Free Municipal Income Fund VRDP VRDO Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) Orange County CA Transportation Authority Toll Road Revenue Palomar Pomerado Health California COP Palomar Pomerado Health California Revenue Riverside CA Electric Revenue TOB VRDO Riverside County CA Asset Leasing Corp. Leasehold Revenue (Riverside County Hospital Project) Riverside County CA Transportation Commission Sales Tax Revenue Riverside County CA Transportation Commission Sales Tax Revenue Riverside County CA Transportation Commission Sales Tax Revenue Roseville CA Natural Gas Financing Authority Gas Revenue Sacramento CA Municipal Utility District Revenue TOB VRDO San Bernardino CA City Unified School District GO San Bernardino CA City Unified School District GO San Diego CA Public Facilities Financing Authority Water Revenue TOB VRDO San Diego County CA Water Authority Revenue San Diego County CA Water Authority Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County Public Utilities Commission Water Revenue San Francisco CA City & County Public Utilities Commission Water Revenue San Francisco CA City & County Public Utilities Commission Water Revenue

59

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 3.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000% 0.790% 0.790% 0.790% 1.010% 1.010% 1.010% 5.000% 5.000% 5.000% 5.000% 1.197% 0.780% 0.720% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.660% 5.000% 5.000% 5.000% 5.000% 5.000% 0.960% 5.000% 5.000% 0.660% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

9/1/19 9/1/20 9/1/21 5/15/20 5/15/21 5/15/22 11/15/20 11/15/18 8/1/21 8/1/22 8/1/23 5/15/19 5/15/20 9/1/17 9/1/19 7/1/17 7/1/19 7/1/19 7/1/19 7/1/20 7/1/20 7/1/20 7/1/20 7/1/22 7/1/19 8/1/17 8/1/18 8/1/19 8/1/20 9/1/18 9/1/19 9/1/20 9/1/21 11/15/21 7/10/17 7/10/17 7/10/17 3/27/18 3/27/18 3/27/18 7/1/18 7/1/19 7/1/19 7/1/20 7/1/19 11/7/16 11/7/16 9/1/17 9/1/18 9/1/19 9/1/20 8/15/19 11/1/16 11/1/22 11/7/16 6/1/18 6/1/18 6/1/19 6/1/20 2/15/18 11/7/16 8/1/18 8/1/19 11/7/16 5/1/21 5/1/22 5/1/17 11/1/20 11/1/21 11/1/22

1,150 1,045 1,250 640 310 725 1,505 32,500 5,000 3,030 1,500 1,000 1,275 32,500 5,000 19,090 13,205 7,035 8,510 17,195 22,525 20,920 14,755 16,340 20,000 5,000 750 1,000 500 1,000 2,000 5,495 5,000 805 9,500 5,500 5,000 3,000 25,710 15,290 750 3,000 500 750 12,815 35,500 5,000 3,500 1,550 1,500 6,000 1,000 3,500 2,680 2,400 6,500 500 850 1,750 50 4,985 850 600 6,105 1,450 1,200 16,555 13,145 9,940 11,270

1,274 1,191 1,458 710 351 837 1,683 35,212 5,894 3,664 1,660 1,105 1,455 33,675 5,568 19,640 14,621 7,789 9,422 19,645 25,734 23,901 16,857 19,717 22,156 5,161 804 1,109 571 1,071 2,207 6,215 5,847 806 9,500 5,500 4,998 3,001 25,694 15,280 802 3,322 554 857 12,690 35,500 5,000 3,619 1,660 1,658 6,810 1,114 3,500 3,078 2,400 6,911 533 938 1,995 52 4,985 909 665 6,105 1,699 1,444 16,916 15,170 11,789 13,707

(4)

LOC LOC

(ETM)

(4)

Limited-Term Tax-Exempt Fund

San Francisco CA City & County Public Utilities Commission Water Revenue San Francisco CA City & County Public Utilities Commission Water Revenue San Francisco CA City & County Redevelopment Financing Authority Tax Allocation (Redevelopment Projects) San Francisco CA City & County Redevelopment Financing Authority Tax Allocation (Redevelopment Projects) San Francisco CA City & County Redevelopment Financing Authority Tax Allocation (Redevelopment Projects) San Francisco CA City & County Redevelopment Financing Authority Tax Allocation (Redevelopment Projects) San Francisco CA City & County Redevelopment Financing Authority Tax Allocation (Redevelopment Projects) San Francisco CA City & County Redevelopment Financing Authority Tax Allocation (Redevelopment Projects) San Francisco CA City & County Redevelopment Financing Authority Tax Allocation (Redevelopment Projects) San Juan CA Unified School District GO San Juan CA Unified School District GO San Mateo County CA Joint Powers Financing Authority Lease Revenue (Maple Street Correctional Center) San Mateo County CA Joint Powers Financing Authority Lease Revenue (Maple Street Correctional Center) San Mateo County CA Joint Powers Financing Authority Lease Revenue (Maple Street Correctional Center) San Mateo County CA Joint Powers Financing Authority Lease Revenue (Maple Street Correctional Center) San Mateo County CA Joint Powers Financing Authority Lease Revenue (Maple Street Correctional Center) San Pablo CA Redevelopment Agency Successor Agency Tax Allocation Revenue San Pablo CA Redevelopment Agency Successor Agency Tax Allocation Revenue South Orange County CA Public Financing Authority Special Tax Revenue South Orange County CA Public Financing Authority Special Tax Revenue Southern California Public Power Authority Revenue Southern California Public Power Authority Revenue (Natural Gas Project) Southern California Public Power Authority Revenue (Transmission Project) University of California Regents Medical Center Pooled Revenue University of California Regents Medical Center Pooled Revenue University of California Regents Medical Center Pooled Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue PUT Western CA Municipal Water District Revenue PUT

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000%

11/1/23 11/1/24

6,000 5,000

7,436 6,289

230

236

2,170

2,221

340

364

Revenue 4.000%

8/1/17 (ETM)

4.000%

8/1/17

5.000%

8/1/18 (ETM)

5.000%

8/1/18

2,660

2,844

5.000%

8/1/19

2,000

2,211

5.000%

8/1/20

1,500

1,707

5.000% 5.000% 5.000%

8/1/21 8/1/19 8/1/21

2,000 1,090 1,000

2,335 1,210 1,179

5.000%

6/15/17

1,000

1,027

5.000%

6/15/18

1,000

1,067

5.000%

6/15/19

1,000

1,106

5.000%

6/15/20

1,000

1,140

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.400% 1.500%

6/15/21 6/15/20 (4) 6/15/21 (4) 8/15/19 8/15/20 7/1/18 11/1/17 7/1/17 5/15/21 5/15/22 5/15/23 5/15/17 5/15/18 5/15/19 5/15/21 5/15/21 5/15/21 10/1/20

500 1,045 500 1,000 600 2,000 1,000 9,895 5,000 4,000 8,000 2,250 2,000 4,435 2,725 8,250 12,700 2,325

586 1,187 583 1,098 674 2,138 1,036 10,180 5,855 4,806 9,831 2,303 2,129 4,891 3,197 9,666 12,750 2,345

Revenue Revenue Revenue Revenue Revenue Revenue

2,551,897 Colorado (1.5%) Adams County CO COP Adams County CO COP Castle Rock CO Water & Sewer Revenue Castle Rock CO Water & Sewer Revenue Castle Rock CO Water & Sewer Revenue Colorado (UCDHSC Fitzsimons Academic Projects) COP Colorado Education Loan Program Revenue Colorado Education Loan Program Revenue Colorado Educational & Cultural Facilities Authority Revenue (Johnson & Wales University) Colorado General Fund Revenue Colorado Health Facilities Authority Revenue (Adventist Health System/Sunbelt Obligated Group) PUT Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) 3 Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) PUT 3 Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) PUT 2 Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) TOB VRDO 2 Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) TOB VRDO Colorado Health Facilities Authority Revenue (Children’s Hospital) Colorado Health Facilities Authority Revenue (Children’s Hospital) Colorado Health Facilities Authority Revenue (Children’s Hospital) Colorado Health Facilities Authority Revenue (Children’s Hospital) Colorado Health Facilities Authority Revenue (Christian Living Communities)

60

5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 2.000% 5.000% 5.000% 2.000%

12/1/21 12/1/22 12/1/20 12/1/22 12/1/23 11/1/18 6/29/17 6/29/17 4/1/20 6/27/17

1,000 1,250 350 225 250 3,080 42,200 56,600 2,500 44,050

1,175 1,500 390 260 310 3,313 42,541 58,163 2,793 44,403

5.000% 5.000% 1.609% 1.609% 0.780% 0.810% 5.000% 5.000% 5.000% 5.000% 4.000%

11/15/23 7/1/18 11/12/20 11/12/20 11/7/16 11/7/16 12/1/20 12/1/21 12/1/22 12/1/22 1/1/21

27,000 3,000 5,000 7,500 10,000 18,750 1,320 1,655 680 1,350 350

32,691 3,187 4,964 7,445 10,000 18,750 1,513 1,945 817 1,622 375

Limited-Term Tax-Exempt Fund

3 3

2 4

Colorado Health Facilities Authority Revenue (Christian Living Communities) Colorado Health Facilities Authority Revenue (Christian Living Communities) Colorado Health Facilities Authority Revenue (Christian Living Communities) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Evangelical Lutheran Good Samaritan Society Project) Colorado Health Facilities Authority Revenue (Evangelical Lutheran Good Samaritan Society Project) Colorado Health Facilities Authority Revenue (Evangelical Lutheran Good Samaritan Society Project) Colorado Health Facilities Authority Revenue (Evangelical Lutheran Good Samaritan Society Project) Colorado Health Facilities Authority Revenue (Sisters of Charity of Leavenworth Health System) Colorado Health Facilities Authority Revenue (Sisters of Charity of Leavenworth Health System) Colorado Springs CO Utility System Revenue Colorado Springs CO Utility System Revenue Colorado Springs CO Utility System Revenue Colorado Springs CO Utility System Revenue Denver CO City & County Airport Revenue Denver CO City & County Airport Revenue Denver CO City & County Excise Tax Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue PUT E-470 Public Highway Authority Colorado Revenue PUT Park Creek CO Metropolitan District Limited Property Tax Revenue Park Creek CO Metropolitan District Limited Property Tax Revenue Regional Transportation District of Colorado COP Regional Transportation District of Colorado COP Regional Transportation District of Colorado COP TOB VRDO Regional Transportation District of Colorado Sales Tax Revenue (FasTracks Project) University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Hospital Authority Revenue University of Colorado Hospital Authority Revenue University of Colorado Hospital Authority Revenue PUT

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

4.000% 5.000% 5.000% 3.150% 4.000% 5.000%

1/1/22 1/1/23 1/1/24 12/1/18 12/1/19 12/1/20

400 750 750 3,640 625 2,055

433 856 862 3,645 666 2,299

4.000%

6/1/20

1,000

1,075

5.000%

6/1/21

2,000

2,266

5.000%

6/1/22

2,300

2,648

5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 0.000% 5.000% 1.810% 2.380% 4.000% 5.000% 5.000% 5.000% 0.760% 5.000% 5.000% 5.000% 5.000% 5.000% 0.880% 0.880%

6/1/23 1/1/17 1/1/17 11/15/16 11/15/17 11/15/18 11/15/19 11/15/16 11/15/19 9/1/18 9/1/17 9/1/19 9/1/20 9/1/20 8/31/17 9/1/17 12/1/20 12/1/22 6/1/21 6/1/22 11/7/16 11/1/16 6/1/18 6/1/19 6/1/19 11/15/16 5/30/17 5/30/17

2,000 7,920 3,715 1,250 2,100 2,000 3,000 2,500 1,310 2,555 500 1,545 2,000 1,000 7,500 7,000 1,055 1,250 2,785 2,000 8,000 22,500 2,000 1,000 2,500 1,290 12,500 10,000

2,334 7,976 3,741 1,252 2,192 2,164 3,356 2,504 1,463 2,757 516 1,707 1,863 1,134 7,488 7,011 1,144 1,459 3,159 2,259 8,000 22,500 2,132 1,104 2,761 1,292 12,500 10,000

(ETM) (14) (14)

(14)

LOC (Prere.)

370,675 Connecticut (2.5%) Bridgeport CT GO Bridgeport CT GO Bridgeport CT GO Bridgeport CT GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO 3 Connecticut GO Connecticut GO 3 Connecticut GO 3 Connecticut GO 3 Connecticut GO 3 Connecticut GO Connecticut GO Connecticut GO 3 Connecticut GO Connecticut GO 3 Connecticut GO 3 Connecticut GO 3 Connecticut GO 3 Connecticut GO Connecticut GO 3 Connecticut GO 3 Connecticut GO

5.000% 5.000% 5.000% 5.000% 0.690% 0.690% 0.760% 5.000% 5.000% 1.400% 5.000% 1.150% 0.980% 1.050% 1.510% 5.000% 5.000% 1.510% 5.000% 1.120% 1.180% 1.730% 1.730% 5.000% 1.550% 1.280%

61

8/15/22 8/15/22 8/15/23 8/15/23 11/7/16 11/7/16 11/7/16 12/1/16 4/1/17 5/15/17 7/15/17 9/15/17 1/1/18 3/1/18 4/15/18 6/1/18 7/15/18 8/15/18 11/1/18 3/1/19 3/1/19 4/15/19 5/15/19 6/1/19 9/15/19 3/1/20

(4) (4) (4) (4)

(Prere.)

5,635 7,015 1,110 7,460 12,735 15,825 13,315 15,000 1,165 23,000 5,000 1,750 4,905 2,500 6,750 14,955 10,000 3,000 1,000 2,300 2,000 6,000 5,000 34,265 4,000 7,500

6,613 8,233 1,320 8,871 12,735 15,825 13,315 15,053 1,186 23,035 5,148 1,750 4,894 2,500 6,759 15,892 10,672 3,003 1,078 2,301 2,000 6,032 5,028 37,492 4,001 7,500

Limited-Term Tax-Exempt Fund

3 3

3

Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO PUT Connecticut GO PUT Connecticut Health & Educational Facilities Authority Revenue (Connecticut State University System) Connecticut Health & Educational Facilities Authority Revenue (Connecticut State University System) Connecticut Health & Educational Facilities Authority Revenue (Connecticut State University System) Connecticut Health & Educational Facilities Authority Revenue (Hartford Healthcare) Connecticut Health & Educational Facilities Authority Revenue (Hartford Healthcare) Connecticut Health & Educational Facilities Authority Revenue (Hartford Healthcare) Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) Connecticut Health & Educational Facilities Authority Revenue (Stamford Hospital) Connecticut Health & Educational Facilities Authority Revenue (Stamford Hospital) Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT Connecticut Health & Educational Facilities Authority Revenue (Yale-New Haven Hospital Inc.) PUT Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program Connecticut Special Tax Revenue (Transportation Infrastructure) Connecticut Special Tax Revenue (Transportation Infrastructure) Connecticut Special Tax Revenue (Transportation Infrastructure) Connecticut Special Tax Revenue (Transportation Infrastructure) Connecticut Special Tax Revenue (Transportation Infrastructure) Greater New Haven CT Water Pollution Control Authority Regional Wastewater System Revenue Greater New Haven CT Water Pollution Control Authority Regional Wastewater System Revenue New Haven CT GO New Haven CT GO New Haven CT GO New Haven CT GO New Haven CT GO University of Connecticut GO University of Connecticut GO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.280% 1.980%

6/15/20 12/15/20 3/15/21 11/15/21 11/15/21 3/15/22 11/15/22 9/15/17 3/1/18

17,975 5,865 7,035 7,075 10,000 9,620 12,500 7,150 17,500

20,242 6,691 8,072 8,249 11,659 11,243 14,805 7,150 17,501

5.000%

11/1/21

2,080

2,431

5.000%

11/1/22

2,135

2,550

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.800% 0.900% 1.375% 1.000% 1.000% 1.000%

11/1/23 7/1/17 7/1/18 7/1/19 7/1/21 7/1/22 7/1/23 7/1/17 7/1/20 7/26/17 2/1/18 7/11/18 2/6/19 7/1/19 7/1/19

2,295 2,090 3,500 4,270 850 1,250 1,950 2,865 1,525 40,000 20,000 28,000 2,000 21,950 10,550

2,781 2,146 3,724 4,687 983 1,474 2,334 2,944 1,704 40,021 20,010 28,207 1,996 21,898 10,522

0.903% 4.000% 4.000% 4.000% 3.500% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/19 11/15/44 11/15/44 11/15/44 11/15/45 11/15/45 1/1/17 11/1/18 12/1/19 10/1/20 9/1/21 8/15/20 8/15/22 8/15/18 8/15/19 8/1/20 8/15/20 8/15/21 2/15/22 2/15/22

15,000 7,460 5,080 2,460 11,920 12,285 5,000 1,475 4,915 4,085 11,340 200 400 3,000 2,500 2,015 1,500 1,500 10,250 2,940

14,961 8,056 5,307 2,617 12,594 13,215 5,036 1,591 5,494 4,661 13,239 228 479 3,204 2,754 2,276 1,696 1,735 12,068 3,462

(4) (4) (4) (4) (4)

592,933 Delaware (0.3%) Delaware GO Delaware GO Delaware GO Delaware River & Bay Authority Delaware Revenue Delaware River & Bay Authority Delaware Revenue Delaware River & Bay Authority Delaware Revenue Delaware River & Bay Authority Delaware Revenue Delaware River & Bay Authority Delaware Revenue Delaware River & Bay Authority Delaware Revenue Delaware River & Bay Authority Delaware Revenue Delaware River & Bay Authority Delaware Revenue Delaware Transportation Authority Transportation System Revenue Delaware Transportation Authority Transportation System Revenue Delaware Transportation Authority Transportation System Revenue New Castle County DE GO New Castle County DE GO

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/17 10/1/18 7/1/21 1/1/18 1/1/19 1/1/20 1/1/20 1/1/21 1/1/21 1/1/22 1/1/22 7/1/21 7/1/22 7/1/23 10/1/21 10/1/22

5,250 3,540 15,510 6,155 3,760 225 2,575 250 2,295 325 3,000 335 2,500 3,295 7,575 7,995

5,401 3,820 18,223 6,448 4,076 252 2,881 287 2,638 382 3,525 393 3,003 4,037 8,969 9,709 74,044

62

Limited-Term Tax-Exempt Fund

Coupon District of Columbia (0.4%) District of Columbia Hospital Revenue (Children’s Hospital Obligated District of Columbia Hospital Revenue (Children’s Hospital Obligated District of Columbia Hospital Revenue (Children’s Hospital Obligated 2 District of Columbia Hospital Revenue TOB VRDO 3 District of Columbia Income Tax Revenue District of Columbia Income Tax Revenue District of Columbia Income Tax Revenue District of Columbia Income Tax Revenue 2 District of Columbia Income Tax Revenue TOB VRDO District of Columbia Revenue (MedStar Health, Inc.) VRDO District of Columbia Revenue (National Public Radio, Inc.) District of Columbia Revenue (National Public Radio, Inc.) District of Columbia Revenue (National Public Radio, Inc.) 2 District of Columbia Water & Sewer Authority Public Utility Revenue Metropolitan Washington DC Transit Authority Revenue Metropolitan Washington DC Transit Authority Revenue

Group) Group) Group)

5.000% 5.000% 5.000% 0.830% 0.930% 5.000% 5.000% 5.000% 0.660% 0.530% 5.000% 5.000% 5.000% 0.660% 5.000% 4.000%

TOB VRDO

Maturity Date 7/15/20 7/15/22 7/15/23 11/7/16 12/1/17 12/1/18 12/1/18 12/1/19 11/7/16 11/1/16 LOC 4/1/21 4/1/22 4/1/23 11/7/16 7/1/18 7/1/19

Face Amount ($000)

Market Value• ($000)

1,000 1,700 1,350 10,295 11,275 5,500 5,250 1,500 7,425 9,500 1,000 1,885 1,965 3,980 12,500 8,000

1,136 2,032 1,646 10,295 11,277 5,963 5,692 1,681 7,425 9,500 1,151 2,216 2,353 3,980 13,335 8,389 88,071

Florida (4.0%) Boynton Beach FL Utility System Revenue Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) Broward County FL Airport System Revenue Broward County FL Airport System Revenue Broward County FL Airport System Revenue Broward County FL Airport System Revenue Broward County FL School Board COP Broward County FL School Board COP Broward County FL School District TAN Central Florida Expressway Authority BAN Citizens Property Insurance Corp. Florida Revenue (Coastal Account) Citizens Property Insurance Corp. Florida Revenue (Coastal Account) Citizens Property Insurance Corp. Florida Revenue (Coastal Account) Citizens Property Insurance Corp. Florida Revenue (Coastal Account) Citizens Property Insurance Corp. Florida Revenue (Personal Lines Account/Commercial Lines Account) Citizens Property Insurance Corp. Florida Revenue (Personal Lines Account/Commercial Lines Account) Citizens Property Insurance Corp. Florida Revenue (Personal Lines Account/Commercial Lines Account) Citizens Property Insurance Corp. Florida Revenue (Personal Lines Account/Commercial Lines Account) Duval County FL School Board COP Duval County FL School Board COP Duval County FL School Board COP Escambia County FL Pollution Control Revenue (Gulf Power Co. Project) PUT Escambia County FL School Board Sales Tax Revenue Escambia County FL School Board Sales Tax Revenue Escambia County FL School Board Sales Tax Revenue Florida Board of Education Lottery Revenue Florida Board of Education Public Education Capital Outlay GO Florida Board of Education Public Education Capital Outlay GO Florida Board of Education Public Education Capital Outlay GO Florida Board of Education Public Education Capital Outlay GO Florida Board of Education Public Education Capital Outlay GO Florida Board of Education Public Education Capital Outlay GO Florida Department of Environmental Protection & Preservation Revenue Florida Department of Environmental Protection & Preservation Revenue Florida Department of Environmental Protection & Preservation Revenue Florida Municipal Power Agency Revenue Florida Municipal Power Agency Revenue Florida Municipal Power Agency Revenue Florida Municipal Power Agency Revenue Florida Municipal Power Agency Revenue Florida Municipal Power Agency Revenue Florida Municipal Power Agency Revenue (Stanton II Project) Florida Turnpike Authority Revenue Florida Turnpike Authority Revenue

5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.500% 1.625% 5.000% 5.250% 5.000% 5.000%

63

11/1/18 (14) 4/1/20 4/1/21 4/1/22 10/1/19 10/1/19 10/1/20 10/1/21 7/1/18 7/1/19 6/15/17 1/1/19 3/1/17 (ETM) 6/1/17 6/1/18 6/1/22

3,125 500 1,000 1,000 750 500 1,060 480 4,400 8,140 49,000 54,600 1,100 19,000 6,000 29,750

3,357 559 1,147 1,172 833 556 1,211 563 4,685 8,958 49,218 54,925 1,116 19,498 6,376 34,881

5.000%

6/1/17

35,445

36,322

5.000%

6/1/18

36,770

39,073

5.000%

6/1/19

19,150

21,043

5.000% 5.000% 5.000% 5.000% 2.100% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/1/22 7/1/20 7/1/21 7/1/22 4/11/19 9/1/21 9/1/22 9/1/23 7/1/17 6/1/17 6/1/18 6/1/18 6/1/20 6/1/21 6/1/22 7/1/18 7/1/19 7/1/22 10/1/20 10/1/21 10/1/21 10/1/22 10/1/22 10/1/23 10/1/19 7/1/19 7/1/21

5,030 750 1,020 1,030 2,500 225 300 275 2,500 13,700 3,615 11,240 16,340 17,140 14,480 8,585 9,015 14,510 500 7,000 850 8,000 1,450 9,000 2,800 10,000 6,965

5,956 850 1,185 1,221 2,547 263 358 334 2,572 14,049 3,852 11,977 18,602 20,065 17,374 9,158 9,949 17,302 569 8,164 990 9,526 1,727 10,906 3,109 11,053 8,163

Limited-Term Tax-Exempt Fund

3

2

Florida Turnpike Authority Revenue Florida Turnpike Authority Revenue Florida Turnpike Authority Revenue Greater Orlando Aviation Authority Florida Airport Facilities Revenue Greater Orlando Aviation Authority Florida Airport Facilities Revenue Greater Orlando Aviation Authority Florida Airport Facilities Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Hillsborough County FL Community Investment Tax Revenue Hillsborough County FL School Board Sales Tax Revenue Hillsborough County FL School Board Sales Tax Revenue Hillsborough County FL School Board Sales Tax Revenue Hollywood FL Community Redevelopment Agency Tax Allocation Revenue Hollywood FL Community Redevelopment Agency Tax Allocation Revenue Hollywood FL Community Redevelopment Agency Tax Allocation Revenue Jacksonville FL Electric Authority Electric System Revenue Jacksonville FL Electric Authority Electric System Revenue Jacksonville FL Electric Authority Water & Sewer Revenue Jacksonville FL Special Revenue Jacksonville FL Special Revenue Jacksonville FL Special Revenue Jacksonville FL Special Revenue Jacksonville FL Special Revenue Jacksonville FL Special Revenue Lakeland FL Energy System Revenue Lakeland FL Energy System Revenue Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) Lee County FL School Board COP Lee County FL School Board COP Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Resort Tax Revenue Miami Beach FL Resort Tax Revenue Miami-Dade County FL Expressway Authority Toll System Revenue Miami-Dade County FL Expressway Authority Toll System Revenue Miami-Dade County FL Expressway Authority Toll System Revenue Miami-Dade County FL Expressway Authority Toll System Revenue Miami-Dade County FL Expressway Authority Toll System Revenue Miami-Dade County FL Expressway Authority Toll System Revenue Miami-Dade County FL Expressway Authority Toll System Revenue Miami-Dade County FL GO Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP TOB VRDO Miami-Dade County FL School District GO

64

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/21 7/1/22 7/1/22 10/1/21 10/1/22 10/1/24 6/1/19 6/1/20 6/1/21 6/1/21 6/1/22 6/1/23

4,095 3,210 8,595 330 575 910 825 765 350 1,195 1,000 775

4,799 3,846 10,298 388 689 1,125 902 859 402 1,373 1,174 923

5.000%

11/15/16

2,000

2,003

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.380% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 4.500% 5.000% 5.000% 5.000% 0.710% 5.000%

11/15/19 11/1/21 10/1/20 10/1/21 10/1/22 3/1/20 3/1/21 3/1/22 10/1/17 10/1/20 10/1/18 10/1/21 10/1/21 10/1/22 10/1/22 10/1/23 10/1/23 10/1/17 10/1/22 11/15/21 11/15/22 11/15/23 8/1/20 8/1/21 11/15/20 11/15/21 11/15/22 11/15/23 11/15/16 11/15/17 11/15/18 11/15/18 11/15/19 11/15/20 9/1/21 9/1/22 7/1/18 7/1/19 7/1/20 7/1/20 7/1/21 7/1/21 7/1/22 7/1/22 8/1/19 8/1/20 8/1/21 8/1/22 8/1/23 6/1/21 6/1/22 8/1/18 2/1/23 11/7/16 3/15/22

3,000 8,705 2,200 1,700 1,500 1,570 2,250 2,865 1,000 1,600 1,200 1,750 760 1,660 1,055 1,500 2,460 10,000 5,000 365 500 1,200 2,530 2,005 750 1,220 1,575 500 400 325 1,125 385 1,650 400 1,125 1,025 2,000 1,900 2,525 1,500 1,000 2,250 625 10,260 1,000 2,180 1,300 1,400 1,000 840 985 4,850 9,290 26,500 3,795

3,343 10,225 2,512 1,990 1,794 1,737 2,545 3,293 1,039 1,828 1,293 2,048 890 1,985 1,261 1,821 2,986 10,004 6,021 426 596 1,446 2,876 2,338 846 1,399 1,835 589 400 335 1,179 406 1,825 453 1,314 1,163 2,131 2,094 2,863 1,701 1,163 2,607 742 12,256 1,101 2,381 1,503 1,654 1,202 901 1,089 5,184 11,011 26,500 4,475

(4) (4) (4)

(12)

Limited-Term Tax-Exempt Fund

2 2 2 2

1 1 1 1

Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Transit Sales Surtax Revenue Miami-Dade County FL Transit Sales Surtax Revenue Miami-Dade County FL Transit Sales Surtax Revenue Miami-Dade County FL Water & Sewer Revenue TOB VRDO Miami-Dade County FL Water & Sewer Revenue TOB VRDO Miami-Dade County FL Water & Sewer Revenue TOB VRDO Miami-Dade County FL Water & Sewer Revenue TOB VRDO Orange County FL Health Facilities Authority Hospital Revenue (Orlando Regional Healthcare System) Orange County FL School Board COP Orange County FL School Board COP Orange County FL School Board COP Orange County FL Tourist Development Revenue Orlando & Orange County FL Expressway Authority Revenue Orlando & Orange County FL Expressway Authority Revenue Orlando & Orange County FL Expressway Authority Revenue Orlando & Orange County FL Expressway Authority Revenue Orlando & Orange County FL Expressway Authority Revenue Orlando & Orange County FL Expressway Authority Revenue Orlando FL Capital Improvement Revenue Orlando FL Capital Improvement Revenue Orlando FL Capital Improvement Revenue Orlando FL Capital Improvement Revenue Orlando FL Utility Commission Utility System Revenue Orlando FL Utility Commission Utility System Revenue Orlando Utilities Commission Revenue PUT Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) Palm Beach County FL Health Facilities Authority Revenue (Jupiter Medical Center Inc. Project) Palm Beach County FL Health Facilities Authority Revenue (Jupiter Medical Center Inc. Project) Palm Beach County FL Health Facilities Authority Revenue (Jupiter Medical Center Inc. Project) Palm Beach County FL Health Facilities Authority Revenue (Jupiter Medical Center Inc. Project) Palm Beach County FL School Board COP Palm Beach County FL School District TAN Port St. Lucie FL Special Assessment Revenue Port St. Lucie FL Special Assessment Revenue Port St. Lucie FL Special Assessment Revenue Port St. Lucie FL Special Assessment Revenue Port St. Lucie FL Special Assessment Revenue Port St. Lucie FL Special Assessment Revenue Port St. Lucie FL Utility Revenue Port St. Lucie FL Utility Revenue Port St. Lucie FL Utility Revenue Reedy Creek FL Improvement District GO Reedy Creek FL Improvement District GO Reedy Creek FL Improvement District GO Reedy Creek FL Improvement District GO Reedy Creek FL Improvement District GO Reedy Creek FL Improvement District Utilities Revenue Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) Sarasota County FL Infrastructure Sales Surtax Revenue Seacoast FL Utility Authority Water & Sewer Revenue South Florida Water Management District COP South Florida Water Management District COP South Florida Water Management District COP Sunrise FL Utility System Revenue Sunshine State Governmental Financing Commission Florida Revenue (Miami Dade County Program) Sunshine State Governmental Financing Commission Florida Revenue (Miami Dade County Program) Sunshine State Governmental Financing Commission Florida Revenue (Miami Dade County Program) Sunshine State Governmental Financing Commission Florida Revenue (Miami Dade County Program)

65

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 0.690% 0.750% 0.780% 0.780%

4/1/23 7/1/17 7/1/19 7/1/19 11/7/16 11/7/16 11/7/16 11/7/16

9,340 1,110 2,000 1,250 23,750 8,505 13,995 11,735

11,268 1,141 2,206 1,378 23,750 8,505 13,995 11,735

6.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.880% 4.000% 4.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 2.000% 1.250% 1.375% 1.500% 1.750% 2.000% 2.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.200%

10/1/18 (14) 8/1/17 8/1/18 8/1/19 10/1/20 7/1/17 7/1/17 7/1/18 7/1/18 7/1/19 7/1/19 10/1/22 10/1/22 10/1/23 10/1/23 10/1/17 10/1/19 5/30/17 12/1/18 12/1/19 12/1/20 12/1/21 11/1/18 11/1/19 11/1/20 11/1/21 8/1/21 8/31/17 7/1/19 7/1/20 7/1/21 7/1/22 7/1/23 7/1/24 9/1/21 9/1/22 9/1/23 6/1/20 6/1/20 6/1/21 6/1/22 6/1/23 10/1/18 1/1/21 1/1/22 1/1/23 1/1/24 10/1/21 3/1/19 (14) 10/1/21 10/1/22 10/1/23 10/1/20 (Prere.)

5,770 1,500 1,400 1,765 2,525 2,000 4,690 2,785 9,000 3,770 10,725 4,200 1,040 1,090 1,500 3,000 5,500 10,400 750 1,000 850 1,165 635 2,740 1,500 750 1,845 37,310 1,000 1,000 1,000 1,265 2,245 1,580 240 750 500 1,000 1,000 730 400 1,175 750 1,715 750 1,000 1,250 1,500 3,595 1,750 2,000 3,000 7,255

6,174 1,548 1,499 1,955 2,885 2,056 4,820 2,969 9,593 4,156 11,824 5,039 1,248 1,330 1,831 3,116 6,125 10,400 790 1,072 958 1,341 662 2,987 1,669 850 2,147 37,682 995 991 989 1,252 2,230 1,542 270 894 606 1,134 1,134 850 477 1,428 804 1,927 859 1,161 1,471 1,763 3,959 2,055 2,399 3,657 8,249

(12) (12) (4) (4)

5.000%

9/1/19

2,390

2,644

5.000%

9/1/19

2,360

2,610

5.000%

9/1/20

2,830

3,219

5.000%

9/1/20

1,185

1,348

Limited-Term Tax-Exempt Fund

1

Sunshine State Governmental Financing Commission Florida Revenue (Miami Dade County Program) Sunshine State Governmental Financing Commission Florida Revenue (Miami Dade County Program) Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) Tampa FL Health System Revenue (BayCare Health System) Tampa FL Hospital Revenue Tampa FL Hospital Revenue Tampa FL Hospital Revenue Tampa FL Hospital Revenue (H. Lee Moffitt Cancer Center Project) Tohopekaliga FL Water Authority Utility System Revenue Tohopekaliga FL Water Authority Utility System Revenue Tohopekaliga FL Water Authority Utility System Revenue Tohopekaliga FL Water Authority Utility System Revenue Volusia County FL Educational Facilities Authority Revenue (Embry-Riddle Aeronautical University Inc.) Volusia County FL Educational Facilities Authority Revenue (Stetson University) Volusia County FL Educational Facilities Authority Revenue (Stetson University) Volusia County FL School Board COP Volusia County FL School Board COP

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

9/1/21

2,090

2,438

5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 4.000%

9/1/21 12/1/22 12/1/23 9/1/20 11/15/16 7/1/18 7/1/19 7/1/20 7/1/23 10/1/17 10/1/19 10/1/20 10/1/22

1,500 1,510 390 1,650 3,000 1,625 1,755 1,100 1,675 4,505 1,165 1,825 3,425

1,749 1,777 465 1,866 3,005 1,695 1,913 1,192 1,971 4,679 1,296 2,090 3,922

5.000% 5.000% 5.000% 5.000% 5.000%

10/15/23 6/1/19 6/1/21 8/1/21 (15) 8/1/22 (15)

755 1,300 1,485 450 750

900 1,424 1,706 525 895 957,823

Georgia (2.5%) Atlanta GA Airport Passenger Facility Charge Revenue Atlanta GA Airport Revenue Atlanta GA Airport Revenue Atlanta GA Airport Revenue Atlanta GA Airport Revenue Atlanta GA Airport Revenue Atlanta GA Water & Wastewater Revenue Atlanta GA Water & Wastewater Revenue Atlanta GA Water & Wastewater Revenue 3 Atlanta GA Water & Wastewater Revenue PUT 2 Atlanta GA Water & Wastewater Revenue TOB VRDO Bartow County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Bowen Project) PUT Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT Carroll County GA School District GO Cherokee County GA Board of Education GO Cherokee County GA Board of Education GO Cherokee County GA Board of Education GO Cherokee County GA Board of Education GO Cobb County GA Kennestone Hospital Authority Revenue Cobb County GA Kennestone Hospital Authority Revenue Cobb County GA Kennestone Hospital Authority Revenue Cobb County GA Kennestone Hospital Authority Revenue Cobb County GA Kennestone Hospital Authority Revenue Dalton GA Development Authority Revenue (Hamilton Health Care System) Dalton GA Development Authority Revenue (Hamilton Health Care System)

66

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.858% 0.750%

1/1/18 1/1/18 1/1/18 1/1/19 1/1/20 1/1/21 11/1/16 11/1/21 11/1/22 11/1/18 11/7/16

2,520 8,500 500 1,675 1,205 750 9,385 2,000 2,500 47,300 9,995

2,641 8,907 524 1,819 1,351 863 9,385 2,352 3,010 47,800 9,995

2.700%

8/23/18

9,000

9,240

1.750%

6/1/17

20,000

20,078

1.750%

6/1/17

13,000

13,050

1.800%

4/3/18

5,250

5,295

1.300%

5/3/18

5,000

5,029

2.200%

4/2/19

3,500

3,567

2.200%

4/2/19

10,000

10,192

2.200%

4/2/19

7,500

7,644

2.200%

4/2/19

10,000

10,192

2.350%

12/11/20

6,800

7,005

1.650% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000%

6/18/21 4/1/18 2/1/21 2/1/22 8/1/22 2/1/23 4/1/17 4/1/18 4/1/18 4/1/19 4/1/20 8/15/18 8/15/19

15,000 5,075 400 1,000 3,000 800 1,250 1,000 1,250 250 350 1,000 1,000

14,959 5,370 463 1,186 3,602 968 1,271 1,055 1,319 273 393 1,051 1,102

Limited-Term Tax-Exempt Fund

3

3 3

Dalton GA Development Authority Revenue (Hamilton Health Care System) Dalton GA Development Authority Revenue (Hamilton Health Care System) DeKalb County GA Water & Sewer Revenue DeKalb County GA Water & Sewer Revenue DeKalb County GA Water & Sewer Revenue DeKalb County GA Water & Sewer Revenue Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) Gainesville & Hall County GA Hospital Authority Revenue (Northeast Georgia Health System Inc. Project) PUT Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia Housing & Finance Authority Single Family Mortgage Revenue Georgia Municipal Electric Power Authority Revenue Georgia Municipal Electric Power Authority Revenue Georgia Municipal Electric Power Authority Revenue Georgia Municipal Electric Power Authority Revenue Georgia Municipal Electric Power Authority Revenue Georgia Municipal Gas Authority Revenue Georgia Municipal Gas Authority Revenue Georgia Municipal Gas Authority Revenue Georgia Road & Tollway Authority GAN Georgia Road & Tollway Authority Revenue Glynn-Brunswick GA Memorial Hospital Authority Revenue (Southeast Georgia Health System Obligated Group) Glynn-Brunswick GA Memorial Hospital Authority Revenue (Southeast Georgia Health System Obligated Group) Gwinnett County GA School District GO Gwinnett County GA School District GO Gwinnett County GA School District GO Gwinnett County GA School District GO Gwinnett County GA Water & Sewer Authority Revenue Gwinnett County GA Water & Sewer Authority Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Metropolitan Atlanta GA Rapid Transportation Authority Georgia Sales Tax Revenue PUT Metropolitan Atlanta GA Rapid Transportation Authority Georgia Sales Tax Revenue PUT Monroe County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Scherer Project) PUT Monroe County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Scherer Project) PUT Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue (Combined Cycle Project) Municipal Electric Authority Georgia Revenue (Combined Cycle Project) Municipal Electric Authority Georgia Revenue (Project One) Municipal Gas Authority Georgia Revenue (Gas Portfolio III Project) Municipal Gas Authority Georgia Revenue (Gas Portfolio III Project) Municipal Gas Authority Georgia Revenue (Gas Portfolio III Project) Municipal Gas Authority Georgia Revenue (Gas Portfolio III Project) Municipal Gas Authority Georgia Revenue (Gas Portfolio III Project) Richmond County GA Hospital Authority Revenue (University Health Services Inc. Project)

67

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000% 4.000% 4.000% 4.000%

8/15/20 8/15/21 10/1/18 10/1/19 10/1/19 10/1/20 7/1/21 7/1/22 7/1/23 7/1/24

1,500 1,890 1,000 1,000 1,300 1,250 1,900 1,045 1,635 1,130

1,695 2,187 1,078 1,116 1,450 1,437 1,977 1,143 1,797 1,245

1.580% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/18/20 7/1/17 7/1/17 7/1/18 11/1/18 12/1/18 9/1/20 6/1/44 1/1/17 1/1/18 1/1/19 1/1/20 1/1/22 10/1/19 10/1/20 10/1/22 6/1/20 10/1/18

17,575 13,695 2,840 2,340 11,000 7,800 10,100 3,290 1,400 3,600 1,000 750 10,000 5,000 3,600 4,400 25,760 18,240

17,662 14,090 2,922 2,501 11,684 8,465 11,599 3,466 1,410 3,772 1,085 840 11,788 5,554 4,113 5,260 28,332 19,676

5.000%

8/1/21

2,500

2,891

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.910% 0.930%

8/1/22 2/1/19 2/1/20 2/1/22 8/1/22 8/1/17 8/1/18 3/15/17 3/15/17 3/15/18 3/15/18 3/15/19 3/15/21 7/1/17 7/1/17

2,500 1,500 1,000 25,000 13,000 1,675 4,335 7,140 5,350 7,125 1,885 1,160 2,330 18,000 17,500

2,953 1,636 1,128 29,839 15,720 1,729 4,648 7,236 5,415 7,428 1,972 1,237 2,603 17,988 17,493

2.000%

6/13/19

2,000

2,031

9,500 2,970 1,045 23,825 2,000 1,650 5,465 1,735 1,510 2,500 3,840 1,500 1,250 8,165 2,000 1,500 1,000 1,500 1,000 1,000

9,787 3,210 1,126 26,669 2,239 1,898 6,439 2,044 1,816 3,007 4,619 1,562 1,349 8,224 2,151 1,666 1,142 1,755 1,196 1,148

2.350% 5.750% 5.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

12/11/20 7/1/18 (Prere.) 1/1/19 1/1/20 1/1/20 1/1/21 1/1/22 1/1/22 1/1/23 1/1/23 1/1/23 11/1/17 11/1/18 1/1/17 10/1/18 10/1/19 10/1/20 10/1/21 10/1/22 1/1/21

Limited-Term Tax-Exempt Fund

1

1

1

1

Richmond County GA Hospital Authority Revenue (University Health Services Inc. Project) Richmond County GA Hospital Authority Revenue (University Health Services Inc. Project) Richmond County GA Hospital Authority Revenue (University Health Services Inc. Project) South Regional GA Joint Development Authority Revenue (VSU Auxiliary Services Parking & Student Center Project) South Regional GA Joint Development Authority Revenue (VSU Auxiliary Services Parking & Student Center Project) South Regional GA Joint Development Authority Revenue (VSU Auxiliary Services Parking & Student Center Project) South Regional GA Joint Development Authority Revenue (VSU Auxiliary Services Parking & Student Center Project)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000%

1/1/22 1/1/23 1/1/24

1,200 1,100 1,000

1,407 1,312 1,208

5.000%

8/1/21

1,550

1,785

5.000%

8/1/22

1,000

1,175

5.000%

8/1/23

1,080

1,288

5.000%

8/1/24

1,490

1,794 599,258

Guam (0.0%) Guam Government Business Privilege Tax Revenue Guam Government Business Privilege Tax Revenue Guam Government Business Privilege Tax Revenue Guam Government Waterworks Authority Water & Waste Water System Revenue Guam Government Waterworks Authority Water & Waste Water System Revenue Guam Government Waterworks Authority Water & Waste Water System Revenue Guam Power Authority Revenue Guam Power Authority Revenue

5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000%

11/15/20 11/15/21 11/15/22 7/1/20 7/1/20 7/1/21 10/1/18 10/1/20

750 1,125 1,500 1,000 600 1,390 475 520

840 1,285 1,745 1,113 673 1,591 508 583 8,338

Hawaii (1.0%) Hawaii County HI GO Hawaii County HI GO Hawaii County HI GO Hawaii County HI GO Hawaii County HI GO Hawaii Department of Budget & Finance Special Purpose Revenue (Queens Health System) PUT Hawaii Department of Budget & Finance Special Purpose Revenue (Queens Health System) PUT Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii Highway Revenue Hawaii Highway Revenue Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO 2 Honolulu HI City & County GO TOB PUT

5.000% 5.000% 5.000% 5.000% 5.000% 1.080% 1.080% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.700%

9/1/22 9/1/22 9/1/23 9/1/23 9/1/23 5/30/17 5/30/17 12/1/18 6/1/19 6/1/19 8/1/19 8/1/19 11/1/19 11/1/19 12/1/19 8/1/20 8/1/20 8/1/21 8/1/21 8/1/22 8/1/22 10/1/22 10/1/22 10/1/22 10/1/23 10/1/23 7/1/18 1/1/20 8/1/17 8/1/18 11/1/18 11/1/19 10/1/21 10/1/21 10/1/21 11/3/16

1,330 1,275 1,200 1,785 1,395 4,860 2,510 17,250 6,960 2,370 3,735 3,500 11,960 40,725 5,000 10,985 13,905 7,610 7,000 6,000 2,500 9,000 7,000 5,500 1,075 5,000 2,000 1,000 4,130 2,715 4,000 6,000 2,255 3,620 1,500 10,505

1,602 1,535 1,473 2,191 1,712 4,860 2,510 18,699 7,671 2,610 4,137 3,876 13,355 45,476 5,598 12,541 15,874 8,933 8,210 7,211 3,005 10,860 8,447 6,637 1,322 6,148 2,154 1,123 4,261 2,906 4,318 6,689 2,651 4,255 1,763 10,505 247,118

Idaho (0.1%) Idaho Health Idaho Health Idaho Health Idaho Health Idaho TAN

Facilities Facilities Facilities Facilities

Authority Authority Authority Authority

Revenue Revenue Revenue Revenue

(Trinity (Trinity (Trinity (Trinity

Health Health Health Health

Group) Group) Group) Group)

5.000% 5.000% 5.000% 5.000% 2.000%

12/1/20 12/1/21 12/1/22 12/1/23 6/30/17

5,000 2,000 2,000 4,400 7,500

5,736 2,355 2,405 5,387 7,567 23,450

68

Limited-Term Tax-Exempt Fund

Illinois (4.1%) Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO 3 Chicago IL Board of Education GO PUT Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL Metropolitan Water Reclamation District GO Chicago IL Metropolitan Water Reclamation District GO Chicago IL Metropolitan Water Reclamation District GO 2 Chicago IL Metropolitan Water Reclamation District GO TOB VRDO Chicago IL Midway Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue 2 Chicago IL O’Hare International Airport Revenue TOB VRDO 1 Chicago IL Park District GO 1 Chicago IL Park District GO 1 Chicago IL Park District GO 1 Chicago IL Park District GO 1 Chicago IL Park District GO Chicago IL Park District Harbor Facilities GO Chicago IL Park District Harbor Facilities GO 2 Chicago IL Transit Authority Sales Tax Receipts Revenue TOB VRDO 2 Chicago IL Transit Authority Sales Tax Receipts Revenue TOB VRDO Chicago IL Wastewater Transmission Revenue Chicago IL Wastewater Transmission Revenue Chicago IL Wastewater Transmission Revenue Chicago IL Water Revenue Cook County IL Forest Preservation District GO Cook County IL Forest Preservation District GO Cook County IL Forest Preservation District GO Cook County IL GO Cook County IL GO Cook County IL GO Illinois Educational Facilities Authority Revenue (University of Chicago) PUT Illinois Finance Authority Gas Supply Revenue (Peoples Gas Light & Coke) PUT Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Advocate Health Care Network) PUT Illinois Finance Authority Revenue (Advocate Health Care Network) PUT Illinois Finance Authority Revenue (Advocate Health Care Network) PUT 2 Illinois Finance Authority Revenue (Advocate Health Care Network) TOB VRDO Illinois Finance Authority Revenue (Ascension Health Credit Group) PUT Illinois Finance Authority Revenue (Carle Foundation) 1 Illinois Finance Authority Revenue (Carle Foundation) 1 Illinois Finance Authority Revenue (Carle Foundation) 2 Illinois Finance Authority Revenue (Carle Foundation) TOB VRDO Illinois Finance Authority Revenue (Centegra Health System) Illinois Finance Authority Revenue (Centegra Health System) Illinois Finance Authority Revenue (Centegra Health System)

69

Coupon

Maturity Date

5.000% 5.000% 5.250% 5.000% 5.250% 5.000% 5.250% 7.000% 4.630% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.750% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.780% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.830% 0.830% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.550% 1.875% 5.000% 5.000% 5.000% 1.375% 0.930% 5.000% 5.000% 0.660% 5.000% 5.000% 5.000% 5.000% 0.750% 5.000% 5.000% 5.000%

12/1/16 12/1/18 12/1/18 12/1/19 12/1/19 12/1/20 12/1/20 12/1/26 3/1/17 1/1/19 1/1/22 1/1/23 12/1/18 12/1/21 12/1/21 11/7/16 1/1/20 1/1/17 1/1/17 1/1/17 1/1/18 1/1/18 1/1/19 1/1/19 1/1/21 1/1/21 1/1/22 1/1/22 1/1/23 1/1/23 1/1/24 11/7/16 1/1/22 1/1/22 1/1/23 1/1/23 1/1/24 1/1/20 1/1/21 11/7/16 11/7/16 1/1/21 1/1/22 1/1/23 11/1/18 12/15/17 12/15/18 12/15/19 11/15/18 11/15/19 11/15/20 2/13/20 8/1/20 8/1/19 8/1/21 8/1/22 11/15/22 5/30/17 5/1/19 1/15/20 11/7/16 5/1/17 8/15/17 2/15/21 2/15/23 11/7/16 9/1/18 9/1/19 9/1/20

(12) (14) (2) (14)(3) (2) (14)(3)

(4)

(14)

(4)

(12)

Face Amount ($000)

Market Value• ($000)

2,500 7,305 4,970 3,090 1,000 2,000 1,250 10,000 10,000 4,645 15,000 18,500 5,000 4,470 5,105 17,600 2,075 750 7,500 4,540 1,250 2,050 1,000 1,420 500 4,175 1,125 9,700 7,000 1,100 10,445 21,135 400 1,000 400 1,265 550 1,195 2,920 31,665 22,895 1,000 2,000 2,000 675 1,000 1,000 1,580 2,000 1,500 1,500 5,000 8,000 1,000 2,000 1,000 3,030 5,750 26,795 5,850 1,840 3,275 1,500 750 1,000 7,200 235 1,115 2,940

2,498 7,631 5,217 3,179 1,069 2,056 1,358 10,620 9,990 4,683 16,004 19,762 5,406 5,245 5,990 17,600 2,321 755 7,552 4,573 1,308 2,138 1,082 1,525 573 4,783 1,319 11,371 8,374 1,316 12,683 21,135 456 1,141 463 1,464 643 1,311 3,276 31,665 22,895 1,116 2,270 2,300 720 1,042 1,073 1,740 2,138 1,645 1,679 5,049 8,105 1,105 2,333 1,193 3,005 5,750 29,335 6,536 1,840 3,343 1,547 854 1,178 7,200 249 1,207 3,270

Limited-Term Tax-Exempt Fund

3

1 1

2

1

1

1

1

Illinois Finance Authority Revenue (Centegra Health System) Illinois Finance Authority Revenue (Centegra Health System) Illinois Finance Authority Revenue (DePaul University) Illinois Finance Authority Revenue (DePaul University) Illinois Finance Authority Revenue (Hospital Sister Services Inc.) Illinois Finance Authority Revenue (Hospital Sister Services Inc.) Illinois Finance Authority Revenue (Hospital Sister Services Inc.) Illinois Finance Authority Revenue (Mercy Health System) Illinois Finance Authority Revenue (Northwestern Community Hospital) Illinois Finance Authority Revenue (Northwestern Community Hospital) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (Palos Community Hospital) Illinois Finance Authority Revenue (Presbyterian Homes) Illinois Finance Authority Revenue (Presbyterian Homes) Illinois Finance Authority Revenue (Presbyterian Homes) Illinois Finance Authority Revenue (Presbyterian Homes) PUT Illinois Finance Authority Revenue (Presence Health Network Obligated Group) Illinois Finance Authority Revenue (Presence Health Network Obligated Group) Illinois Finance Authority Revenue (Presence Health Network Obligated Group) Illinois Finance Authority Revenue (Rush University Medical Center) Illinois Finance Authority Revenue (Rush University Medical Center) Illinois Finance Authority Revenue (Rush University Medical Center) Illinois Finance Authority Revenue (Rush University Medical Center) Illinois Finance Authority Revenue (Silver Cross & Medical Centers) Illinois Finance Authority Revenue (Trinity Health Corp.) Illinois Finance Authority Revenue (University of Chicago Medical Center) Illinois Finance Authority Revenue (University of Chicago Medical Center) Illinois Finance Authority Revenue (University of Chicago) Illinois Finance Authority Revenue (University of Chicago) Illinois Finance Authority Revenue (University of Chicago) TOB VRDO Illinois Finance Authority Solid Waste Disposal Revenue (Prairie Power Inc. Project) PUT Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois Housing Development Authority Multi-Family Housing Revenue (J. Michael Fitzgerald Apartments Project) PUT Illinois Sales Tax Revenue Illinois Sales Tax Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue

70

Coupon

Maturity Date

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.719% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000% 5.000% 5.000% 5.000% 5.000% 0.680% 1.300% 4.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

9/1/20 9/1/21 10/1/21 10/1/24 8/15/18 8/15/19 8/15/20 12/1/22 7/1/20 7/1/22 11/15/20 11/15/21 5/15/22 11/15/22 5/15/17 5/1/21 5/1/22 5/1/23 5/1/21 2/15/21 2/15/22 2/15/23 11/15/19 11/15/20 11/15/21 11/15/22 8/15/22 12/1/17 8/15/22 8/15/23 10/1/19 10/1/20 11/7/16 5/8/17 1/1/17 8/1/17 8/1/17 (14) 2/1/18 4/1/18 5/1/18 8/1/18 1/1/19 2/1/19 2/1/19 8/1/19 9/1/19 2/1/20 3/1/20 4/1/20 5/1/20 7/1/20 8/1/20 (4) 1/1/21 (4) 2/1/21 2/1/21 4/1/21 5/1/21 1/1/23 2/1/23 1/1/24

0.900% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

1/1/18 6/15/19 6/15/20 12/1/17 12/1/18 1/1/19 12/1/19 1/1/20 12/1/20

Face Amount ($000)

Market Value• ($000)

500 975 380 250 4,000 4,205 4,210 5,000 1,035 2,380 2,560 1,100 1,925 1,535 2,500 1,200 1,600 1,400 2,500 3,055 4,000 5,000 500 1,000 1,000 1,000 1,000 3,075 1,200 1,100 1,745 7,000 15,825 2,340 5,000 5,000 1,425 15,000 2,500 8,000 22,000 8,060 875 7,500 26,625 2,000 3,000 10,115 2,000 24,500 12,500 6,500 8,425 4,100 10,000 8,500 17,000 19,200 7,000 19,200

556 1,104 442 306 4,277 4,641 4,752 5,873 1,165 2,793 2,913 1,282 2,259 1,821 2,554 1,374 1,867 1,661 2,510 3,390 4,503 5,691 555 1,140 1,168 1,194 1,154 3,143 1,421 1,320 1,940 8,000 15,825 2,340 5,024 5,127 1,468 15,541 2,600 8,334 23,034 8,535 923 7,912 28,290 2,074 3,207 10,828 2,144 26,294 13,447 7,089 9,030 4,446 10,844 9,235 18,486 21,063 7,684 21,151

5,125 14,220 15,050 6,500 7,000 1,000 20,100 5,000 20,000

5,116 15,623 17,011 6,786 7,563 1,083 22,416 5,587 22,928

Limited-Term Tax-Exempt Fund

2

Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue TOB VRDO Illinois Unemployment Insurance Fund Building Receipts Revenue Lake County IL Community High School District No. 117 GO McHenry County IL Conservation District GO McHenry County IL Conservation District GO Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) Northern Illinois Municipal Power Agency Project Revenue Northern Illinois Municipal Power Agency Project Revenue Northern Illinois Municipal Power Agency Project Revenue Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue Romeoville IL Revenue (Lewis University Project) Romeoville IL Revenue (Lewis University Project) Springfield IL Electric Revenue Springfield IL Electric Revenue Springfield IL Electric Revenue Springfield IL Electric Revenue Springfield IL Electric Revenue Springfield IL Electric Revenue University of Illinois COP University of Illinois COP University of Illinois COP Will County IL Community High School District No. 210 (Lincoln-Way) GO

Face Amount ($000)

Market Value• ($000)

Coupon

Maturity Date

5.000% 5.000% 0.670% 5.000% 0.000% 5.000% 5.000% 0.000% 0.000%

1/1/21 12/1/21 11/7/16 6/15/18 12/1/17 (14) 2/1/19 2/1/21 6/15/21 (14) 12/15/21 (14)

5,000 15,000 10,435 17,875 5,155 2,500 3,000 16,775 2,510

5,739 17,619 10,435 17,967 5,068 2,713 3,449 14,482 2,130

0.000%

12/15/19 (14)

1,235

1,132

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 6.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000%

12/15/22 12/1/22 12/1/23 12/1/24 6/1/17 6/1/18 6/1/20 6/1/24 10/1/21 10/1/23 3/1/18 3/1/19 3/1/21 3/1/22 3/1/23 3/1/24 8/15/20 10/1/20 8/15/21 1/1/22

2,500 1,000 2,210 1,120 9,580 1,875 6,600 2,100 615 645 2,000 2,000 2,000 2,335 5,000 4,515 5,000 3,850 5,000 450

2,551 1,187 2,657 1,361 9,801 1,984 7,459 2,124 698 754 2,101 2,169 2,284 2,727 5,952 5,452 5,627 4,348 5,749 451 986,279

Indiana (1.3%) Ball State University Housing & Dining System Indiana Revenue Ball State University Housing & Dining System Indiana Revenue Ball State University Housing & Dining System Indiana Revenue Evansville IN Redevelopment Authority Revenue (Arena Project) Evansville IN Redevelopment Authority Revenue (Arena Project) Evansville IN Redevelopment Authority Revenue (Arena Project) Indiana Bond Bank Special Program Gas Revenue Indiana Finance Authority Economic Development Revenue (Republic Services Inc. Project) PUT Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) Indiana Finance Authority Hospital Revenue (Community Health Network) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Parkview Health System) Indiana Finance Authority Lease Revenue Indiana Finance Authority Lease Revenue Indiana Finance Authority Lease Revenue Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) Indiana Finance Authority Revenue (State Revolving Fund) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project)

71

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 0.700%

7/1/21 7/1/22 7/1/23 2/1/21 (15) 2/1/22 (15) 2/1/23 (15) 10/15/19 12/1/16

200 250 250 3,155 3,370 3,535 50 6,000

233 298 303 3,588 3,912 4,147 55 6,000

5.000%

11/1/16

3,000

3,000

5.000%

11/1/21

2,380

2,566

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/22 5/1/20 3/1/18 3/1/19 12/1/20 12/1/20 12/1/21 12/1/22 12/1/23 5/1/19 2/1/18 2/1/19 2/1/20 3/1/18 3/1/19 3/1/20 3/1/23 2/1/17 10/1/18 10/1/19 10/1/20 10/1/20

1,500 860 10,445 5,000 1,100 1,000 2,500 7,000 5,200 1,650 4,500 3,700 3,500 825 1,000 1,300 750 7,625 1,000 335 375 840

1,789 965 11,011 5,458 1,267 1,152 2,943 8,422 6,351 1,804 4,735 4,034 3,943 868 1,085 1,452 873 7,709 1,073 373 429 961

Limited-Term Tax-Exempt Fund

1

2

2

Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Health & Educational Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Health & Educational Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Housing & Community Development Authority Revenue (Edgewood Group Apartment Project) PUT Indiana Municipal Power Agency Revenue Indiana Transportation Finance Authority Revenue Indiana University Student Fee Revenue Indiana University Student Fee Revenue Indiana University Student Fee Revenue Indiana University Student Fee Revenue Indiana University Student Fee Revenue Indiana University Student Fee Revenue Indianapolis IN Local Public Improvement Bond Bank Revenue TOB VRDO Ivy IN Tech Community College Revenue Ivy IN Tech Community College Revenue Purdue University Indiana University COP Purdue University Indiana University COP Purdue University Indiana University Student Fee Revenue Richmond IN Hospital Authority Revenue (Reid Hospital & Health Care Services Inc.) Richmond IN Hospital Authority Revenue (Reid Hospital & Health Care Services Inc.) Richmond IN Hospital Authority Revenue (Reid Hospital & Health Care Services Inc.) Richmond IN Hospital Authority Revenue (Reid Hospital & Health Care Services Inc.) Rockport IN Pollution Control Revenue (Indiana Michigan Power Co. Project) PUT Terre Haute IN Sanitation District Special Tax Revenue Terre Haute IN Sanitation District Special Tax Revenue Terre Haute IN Sanitation District Special Tax Revenue Terre Haute IN Sanitation District Special Tax Revenue Terre Haute IN Sanitation District Special Tax Revenue Whiting IN Environmental Facilities Revenue (BP Products North America Inc. Project) Whiting IN Environmental Facilities Revenue (BP Products North America Inc. Project) PUT Zionsville IN Community Schools Building Corp. Revenue TOB VRDO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000%

10/1/21 10/1/21 10/1/22

380 1,680 1,000

446 1,972 1,199

4.100%

11/3/16

10,000

10,002

1.750% 1.600% 1.600% 4.000% 1.250% 1.500%

11/2/21 2/1/17 (Prere.) 2/1/17 8/1/17 5/1/20 5/1/20

34,110 35 6,965 8,570 2,300 5,000

34,077 35 6,976 8,769 2,286 5,007

1.150% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.780% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 1.750% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 1.850% 0.760%

3/1/18 1/1/18 12/1/22 (14) 8/1/17 6/1/18 8/1/18 6/1/19 6/1/21 6/1/22 11/7/16 7/1/19 7/1/20 7/1/21 7/1/22 7/1/17 1/1/17 1/1/20 1/1/22 1/1/23 6/1/18 1/1/17 7/1/17 1/1/18 7/1/18 1/1/19 7/1/17 10/1/19 11/7/16 LOC

5,425 1,500 16,640 1,000 1,000 4,000 1,500 3,500 3,000 23,935 850 500 2,290 2,290 1,000 1,890 1,010 1,275 850 5,500 3,455 3,520 3,590 3,665 3,740 5,000 30,000 5,350

5,428 1,571 20,513 1,032 1,065 4,286 1,653 4,092 3,594 23,935 936 566 2,680 2,745 1,029 1,900 1,122 1,479 1,002 5,525 3,469 3,577 3,688 3,804 3,916 5,125 30,165 5,350 308,815

Iowa (0.3%) Iowa Board of Regents Hospital Revenue (University of Iowa Hospitals & Clinics) Iowa Finance Authority Healthcare Revenue (Genesis Health System) Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) Iowa Finance Authority Revenue Iowa Finance Authority Revenue Iowa Higher Education Loan Authority Revenue Private College Facility (Grinnell College Project) Iowa Special Obligation Revenue Iowa Special Obligation Revenue Iowa Special Obligation Revenue Xenia IA Rural Water District Revenue Xenia IA Rural Water District Revenue

4.000% 5.000% 5.000% 5.500% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000%

9/1/19 7/1/19 12/1/19 12/1/22 8/1/21 8/1/22 12/1/17 6/15/21 6/15/22 6/15/23 12/1/21 12/1/22

5,675 4,075 26,290 7,500 9,400 10,000 1,300 1,820 3,740 4,820 320 335

6,141 4,487 27,009 7,603 11,043 12,049 1,346 2,124 4,467 5,865 367 389 82,890

Kansas (0.6%) Johnson County KS Unified School District No. 233 GO Johnson County KS Unified School District No. 233 GO Johnson County KS Unified School District No. 233 GO Johnson County KS Unified School District No. 233 GO 3 Kansas Department of Transportation Highway Revenue 3 Kansas Department of Transportation Highway Revenue 3 Kansas Department of Transportation Highway Revenue Kansas Development Finance Authority Health Facilities Revenue (Kansas University Health System) Kansas Development Finance Authority Health Facilities Revenue (Kansas University Health System)

72

5.000% 5.000% 5.000% 5.000% 0.593% 0.673% 0.753%

9/1/21 9/1/21 9/1/22 9/1/23 9/1/17 9/1/18 9/1/19

750 1,565 1,000 750 4,000 3,500 3,000

880 1,836 1,200 915 3,995 3,477 2,972

5.000%

3/1/17

1,000

1,014

5.000%

3/1/18

1,035

1,089

Limited-Term Tax-Exempt Fund

Kansas Development Finance Authority Health Facilities Revenue (Kansas University Health System) Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue (Sisters of Charity of Leavenworth Health System) Kansas Development Finance Authority Revenue (Sisters of Charity of Leavenworth Health System) Kansas Development Finance Authority Revenue (Wichita State University Projects) Wichita KS GO Wichita KS Hospital Facilities Revenue (Via Christi Health System Inc.) Wichita KS Hospital Facilities Revenue (Via Christi Health System Inc.) Wichita KS Water & Sewer Utility Revenue Wyandotte County/Kansas City KS Unified Government Utility System Revenue Wyandotte County/Kansas City KS Unified Government Utility System Revenue Wyandotte County/Kansas City KS Unified Government Utility System Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000%

3/1/19 5/1/21 4/1/22 5/1/22 5/1/24

1,150 17,635 3,765 17,565 16,250

1,250 20,428 4,424 20,745 19,712

5.000%

1/1/17 (ETM)

4,920

4,955

5.000% 5.000% 1.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

1/1/17 6/1/18 10/13/17 11/15/17 (ETM) 11/15/18 (ETM) 10/1/22 9/1/19 9/1/20 9/1/22

750 2,420 39,290 1,130 2,250 1,040 500 1,565 750

755 2,570 39,322 1,179 2,436 1,248 553 1,780 892 139,627

Kentucky (0.9%) Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) Carroll County KY Pollution Control Revenue (Kentucky Utilities Co. Project) PUT Kenton County KY Airport Revenue Kenton County KY Airport Revenue Kenton County KY Airport Revenue Kenton County KY Airport Revenue Kentucky Asset/Liability Commission Agency Fund Revenue (Federal Highway Trust) Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) 3 Kentucky Economic Development Finance Authority Revenue (Catholic Health Initiatives) PUT Kentucky Economic Development Finance Authority Solid Waste Revenue (Republic Services Inc. Project) PUT Kentucky Municipal Power Agency Power System Revenue Kentucky Municipal Power Agency Power System Revenue Kentucky Municipal Power Agency Power System Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Public Transportation Infrastructure Authority Toll Revenue (Downtown Crossing Project) BAN Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) Louisville & Jefferson County KY Metropolitan Government Environmental Facilities Revenue (Louisville Gas & Electric Co. Project) PUT Louisville & Jefferson County KY Metropolitan Government Environmental Facilities Revenue (Louisville Gas & Electric Co. Project) PUT Louisville & Jefferson County KY Metropolitan Government Health System Revenue (Norton Healthcare Obligated Group) Louisville & Jefferson County KY Metropolitan Government Health System Revenue (Norton Healthcare Obligated Group) Louisville & Jefferson County KY Metropolitan Government Health System Revenue (Norton Healthcare Obligated Group) 1 Louisville & Jefferson County KY Metropolitan Sewer & Drain System BAN Warren County KY Hospital Revenue (Bowling Green-Warren County Community Hospital Corp. Project)

4.000% 5.000% 5.000% 5.000% 1.050% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.259% 0.700% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/1/21 2/1/22 2/1/23 2/1/24 9/1/19 1/1/20 1/1/21 1/1/22 1/1/23 9/1/18 5/1/21 5/1/22 2/1/20 12/1/16 9/1/20 (14) 9/1/21 (14) 9/1/22 (14) 11/1/16 8/1/21 8/1/22 8/1/22

540 565 765 680 6,875 700 700 750 500 2,500 1,000 750 25,000

584 645 885 794 6,800 780 800 878 594 2,674 1,160 891 24,906

3,545 6,000 6,025 2,500 5,340 15,840 4,510 15,060

3,545 6,734 6,899 2,907 5,340 18,313 5,316 17,751

5.000% 5.000%

7/1/17 7/1/18

27,800 2,500

28,529 2,667

1.150%

6/1/17

5,000

5,003

1.600%

6/1/17

9,500

9,531

5.000%

10/1/20

600

681

3.000%

10/1/21

1,000

1,067

5.000% 3.500%

10/1/22 11/15/17

1,750 50,000

2,074 51,366

5.000%

4/1/18

1,100

1,160 211,274

Louisiana (1.0%) DeSoto Parish LA Pollution Control Revenue (Southwestern Electric Power Co. Project) East Baton Rouge Parish LA Industrial Development Board Revenue (ExxonMobil Project) VRDO 3 East Baton Rouge Parish LA Sewer Commission Revenue PUT Ernest N. Morial - New Orleans LA Exhibition Hall Authority Special Tax Revenue Ernest N. Morial - New Orleans LA Exhibition Hall Authority Special Tax Revenue Lafayette LA Communications System Revenue Lafayette LA Communications System Revenue Lafayette LA Communications System Revenue Louisiana Citizens Property Insurance Corp. Assessment Revenue

73

1.600% 0.500% 0.870% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000%

1/1/19 11/1/16 8/1/18 7/15/18 7/15/19 11/1/20 (4) 11/1/21 (4) 11/1/22 (4) 6/1/20

13,500 15,890 24,005 1,040 1,190 1,000 1,000 2,000 8,000

13,522 15,890 23,889 1,090 1,309 1,135 1,156 2,359 8,992

Limited-Term Tax-Exempt Fund

Coupon

3 3 3

Louisiana Citizens Property Insurance Corp. Assessment Revenue Louisiana Citizens Property Insurance Corp. Assessment Revenue Louisiana Gasoline & Fuel Tax Revenue PUT Louisiana Gasoline & Fuel Tax Revenue PUT Louisiana Gasoline & Fuel Tax Revenue PUT Louisiana GO Louisiana GO Louisiana GO Louisiana Highway Improvement Revenue Louisiana Highway Improvement Revenue Louisiana Highway Improvement Revenue Louisiana Highway Improvement Revenue Louisiana Housing Finance Agency Single Family Mortgage Revenue (Home Ownership Program) Louisiana Offshore Terminal Authority Deep Water Port Revenue (LOOP LLC Project) PUT Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) Louisiana Stadium & Exposition District Revenue Louisiana Stadium & Exposition District Revenue Louisiana Stadium & Exposition District Revenue New Orleans LA GO New Orleans LA GO New Orleans LA GO New Orleans LA GO New Orleans LA Sewage Service Revenue New Orleans LA Sewage Service Revenue New Orleans LA Sewage Service Revenue New Orleans LA Sewage Service Revenue New Orleans LA Sewage Service Revenue New Orleans LA Sewage Service Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue St. Charles Parish LA Gulf Opportunity Zone Revenue (Valero Energy Corp.) PUT Tobacco Settlement Financing Corp. Louisiana Revenue Tobacco Settlement Financing Corp. Louisiana Revenue Tobacco Settlement Financing Corp. Louisiana Revenue

5.000% 5.000% 0.839% 0.840% 0.919% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.850% 2.200% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000%

Maturity Date 6/1/21 (4) 6/1/22 (4) 5/1/17 5/1/18 5/1/18 5/1/22 5/1/22 9/1/22 6/15/18 6/15/19 6/15/20 6/15/21 6/1/38 10/1/17 5/15/20 5/15/21 5/15/22 7/1/18 7/1/19 7/1/20 12/1/18 12/1/20 12/1/21 12/1/22 6/1/18 6/1/19 6/1/21 6/1/22 6/1/22 6/1/23 12/1/20 12/1/22 6/1/22 5/15/19 5/15/20 5/15/22

Face Amount ($000)

Market Value• ($000)

5,000 4,000 55,500 12,500 8,000 10,320 2,800 4,000 1,325 1,000 1,325 1,100 615 4,125 310 450 350 1,050 1,250 1,100 4,065 1,400 1,200 700 500 500 300 1,595 350 350 400 1,500 9,220 2,500 8,375 1,000

5,789 4,737 55,519 12,463 7,976 12,170 3,302 4,753 1,411 1,100 1,500 1,278 624 4,155 338 520 414 1,118 1,374 1,237 4,396 1,604 1,408 836 530 547 346 1,868 410 417 454 1,768 10,069 2,721 9,321 1,151 228,966

Maine (0.1%) Maine GO Maine Health & Higher Educational Facilities Authority Revenue Maine Health & Higher Educational Facilities Authority Revenue Maine Health & Higher Educational Facilities Authority Revenue

5.000% 5.000% 5.000% 5.000%

6/1/22 7/1/21 7/1/22 7/1/23

10,205 3,930 1,425 3,275

12,251 4,563 1,692 3,948 22,454

Maryland (3.5%) Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Baltimore County MD GO Baltimore County MD GO Baltimore County MD GO Baltimore County MD GO Baltimore County MD GO Baltimore County MD GO Baltimore County MD GO Baltimore MD Consolidated Public Improvement GO Baltimore MD Consolidated Public Improvement GO Calvert County MD GO Howard County MD GO Howard County MD GO Howard County MD GO Howard County MD GO Howard County MD GO

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

74

4/1/19 4/1/19 10/1/22 10/1/22 10/1/22 10/1/22 10/1/23 10/1/23 10/1/23 10/1/23 2/1/18 2/1/18 2/1/20 10/15/21 2/1/23 8/1/23 8/1/25 10/15/17 10/15/18 7/1/22 2/15/17 2/15/18 2/15/19 8/15/19 2/15/20

2,640 6,960 3,110 1,455 2,520 4,690 3,110 1,455 2,485 3,880 2,900 9,000 2,100 10,400 6,950 3,700 3,000 500 2,280 4,855 3,450 3,895 3,830 5,000 4,475

2,895 7,631 3,777 1,767 3,060 5,695 3,849 1,801 3,076 4,802 3,052 9,470 2,368 12,257 8,283 4,561 3,607 520 2,461 5,858 3,494 4,105 4,184 5,557 5,053

Limited-Term Tax-Exempt Fund

1 1

1

1

4

3

3

3

3

Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Economic Development Corp. Revenue (Constellation Energy Group, Inc. Project) PUT Maryland Economic Development Corp. Student Housing Revenue (University of Maryland College Park) Maryland Economic Development Corp. Student Housing Revenue (University of Maryland College Park) Maryland Economic Development Corp. Student Housing Revenue (University of Maryland College Park) Maryland Economic Development Corp. Student Housing Revenue (University of Maryland College Park) Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland Health & Higher Educational Facilities Authority Revenue (Anne Arundel Health System) Maryland Health & Higher Educational Facilities Authority Revenue (Anne Arundel Health System) Maryland Health & Higher Educational Facilities Authority Revenue (Anne Arundel Health System) Maryland Health & Higher Educational Facilities Authority Revenue (Johns Hopkins Health System Obligated Group) PUT Maryland Health & Higher Educational Facilities Authority Revenue (Johns Hopkins Health System Obligated Group) PUT Maryland Health & Higher Educational Facilities Authority Revenue (Johns Hopkins Health System Obligated Group) PUT Maryland Health & Higher Educational Facilities Authority Revenue (Johns Hopkins Health System Obligated Group) PUT Maryland Health & Higher Educational Facilities Authority Revenue (Loyola University) Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (Peninsula Regional Medical Center) Maryland Health & Higher Educational Facilities Authority Revenue (Western Maryland Health System) Maryland Health & Higher Educational Facilities Authority Revenue (Western Maryland Health System) Maryland Health & Higher Educational Facilities Authority Revenue (Western Maryland Health System)

75

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 2.550%

5/1/18 5/1/19 9/1/20 11/1/20 12/1/20 11/1/21 12/15/21 2/15/22 11/1/22 12/15/22 12/15/24 6/1/20

3,250 14,000 18,475 11,500 15,495 12,375 7,920 38,965 23,000 11,255 17,620 8,900

3,452 15,409 20,511 13,254 17,918 14,663 9,424 46,511 27,938 13,722 20,591 9,007

4.000%

6/1/20 (4)

620

681

4.000%

6/1/21 (4)

700

784

4.000%

6/1/22 (4)

1,200

1,367

1,350 4,000 8,495 26,445 5,070 5,000 2,795 1,150 2,400 24,160 28,795 2,525 28,995 4,265 4,215 3,745 20,000 30,000 10,000 4,430 835 850 1,000

1,560 4,816 8,769 27,299 5,234 5,162 2,889 1,214 2,541 25,903 30,873 2,732 32,138 4,774 4,749 4,353 22,614 35,349 12,092 5,357 878 916 1,138

4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 4.500% 5.000% 4.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000%

6/1/23 6/1/22 8/1/17 8/1/17 8/1/17 8/1/17 8/15/17 3/1/18 3/1/18 8/1/18 8/1/18 11/1/18 8/1/19 11/1/19 8/1/20 3/1/21 8/1/21 8/1/21 8/1/22 8/1/22 7/1/18 7/1/19 7/1/20

(4)

1.183%

11/15/17

5,895

5,891

1.183%

11/15/17

19,555

19,541

0.933%

5/15/18

4,900

4,890

0.953% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000%

5/15/18 10/1/18 8/15/17 8/15/18 8/15/19 8/15/20 8/15/21 8/15/22 7/1/20 7/1/21 7/1/22 7/1/23

9,500 1,095 1,500 1,400 1,400 2,170 1,785 4,600 1,000 650 500 1,220

9,484 1,178 1,549 1,498 1,549 2,474 2,090 5,520 1,094 752 588 1,451

5.000%

7/1/21

2,220

2,597

5.000%

7/1/19

2,500

2,735

5.000%

7/1/20

3,150

3,543

5.000%

7/1/21

7,045

8,111

(Prere.)

(Prere.)

(Prere.)

Limited-Term Tax-Exempt Fund

Maryland Health & Higher Educational Facilities Authority Revenue (Western Maryland Health System) Maryland Water Quality Financing Administration Bay Restoration Revolving Loan Fund Revenue Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Washington MD Suburban Sanitary Commission GO Washington MD Suburban Sanitary Commission GO Washington Suburban Sanitation District Maryland GO Washington Suburban Sanitation District Maryland GO Washington Suburban Sanitation District Maryland GO Washington Suburban Sanitation District Maryland GO Westminster MD Educational Facilities Revenue (McDaniel College Inc.) Westminster MD Educational Facilities Revenue (McDaniel College Inc.) Westminster MD Educational Facilities Revenue (McDaniel College Inc.) Westminster MD Revenue (Lutheran Village at Miller’s Grant) Westminster MD Revenue (Lutheran Village at Miller’s Grant)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.875% 4.375%

7/1/22 3/1/22 11/1/16 8/1/17 11/1/17 7/1/18 7/1/18 8/1/18 11/1/19 11/1/21 12/1/21 12/1/22 6/1/21 6/1/22 6/1/17 6/1/18 6/1/20 6/1/21 11/1/21 11/1/22 11/1/23 7/1/19 7/1/21

5,000 12,350 4,730 12,100 4,800 32,050 3,400 2,000 2,840 22,680 10,000 8,650 14,705 15,290 4,000 2,735 5,000 4,695 1,840 1,950 2,060 1,060 5,675

5,877 14,717 4,730 12,491 5,005 34,257 3,634 2,144 3,179 26,895 11,887 10,536 16,592 17,587 4,101 2,914 5,698 5,507 2,111 2,274 2,430 1,078 5,840 849,784

Massachusetts (4.8%) Boston MA GO Massachusetts Bay Transportation Authority Assessment Revenue Massachusetts Bay Transportation Authority Sales Tax Revenue Massachusetts Bay Transportation Authority Sales Tax Revenue Massachusetts Bay Transportation Authority Sales Tax Revenue PUT 2 Massachusetts Bay Transportation Authority Sales Tax Revenue TOB VRDO Massachusetts College Building Authority Revenue Massachusetts College Building Authority Revenue Massachusetts Department of Transportation Metropolitan Highway System Revenue Massachusetts Development Finance Agency Revenue (Berkshire Health System) Massachusetts Development Finance Agency Revenue (Berkshire Health System) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Boston Medical Center) 2 Massachusetts Development Finance Agency Revenue (Boston University) TOB VRDO Massachusetts Development Finance Agency Revenue (CareGroup Inc.) Massachusetts Development Finance Agency Revenue (CareGroup Inc.) Massachusetts Development Finance Agency Revenue (CareGroup Inc.) Massachusetts Development Finance Agency Revenue (CareGroup Inc.) Massachusetts Development Finance Agency Revenue (CareGroup Inc.) Massachusetts Development Finance Agency Revenue (CareGroup Inc.) Massachusetts Development Finance Agency Revenue (CareGroup Inc.) Massachusetts Development Finance Agency Revenue (Emerson College) Massachusetts Development Finance Agency Revenue (Emerson College) Massachusetts Development Finance Agency Revenue (Emerson College) Massachusetts Development Finance Agency Revenue (Emerson College) Massachusetts Development Finance Agency Revenue (Emerson College) Massachusetts Development Finance Agency Revenue (Harvard University) Massachusetts Development Finance Agency Revenue (Harvard University) Massachusetts Development Finance Agency Revenue (Partners Healthcare) 3 Massachusetts Development Finance Agency Revenue (Partners Healthcare) PUT 3 Massachusetts Development Finance Agency Revenue (Partners Healthcare) PUT Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Massachusetts Development Finance Agency Revenue (South Shore Hospital Inc.) Massachusetts Development Finance Agency Revenue (South Shore Hospital Inc.)

76

Group) Group) Group) Group) Group) Group)

5.000% 5.000% 5.000% 5.250% 0.930% 0.730% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.180% 1.110% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

4/1/17 7/1/18 7/1/18 7/1/18 5/30/17 11/7/16 5/1/20 5/1/21 1/1/23 10/1/18 10/1/19 7/1/17 7/1/17 7/1/18 7/1/18 7/1/21 7/1/22 11/7/16 7/1/20 7/1/21 7/1/21 7/1/22 7/1/22 7/1/23 7/1/23 1/1/19 1/1/20 1/1/21 1/1/22 1/1/23 7/15/22 7/15/23 7/1/20 1/30/18 1/29/20 9/1/17 9/1/18 9/1/19 9/1/20 9/1/21 9/1/22 7/1/21 7/1/22

(Prere.) (Prere.)

(ETM) (ETM)

LOC

5,000 1,250 10,000 5,215 29,190 19,854 3,000 5,495 7,000 1,245 1,215 1,025 1,035 435 440 750 850 11,630 5,000 3,270 5,000 3,385 1,655 6,000 2,605 1,540 1,030 1,180 1,265 1,835 6,090 6,555 800 8,790 5,500 1,000 1,025 1,080 1,105 1,095 1,165 500 600

5,091 1,337 10,684 5,594 29,190 19,854 3,401 6,402 7,845 1,334 1,340 1,054 1,062 465 467 858 992 11,630 5,660 3,800 5,810 4,017 1,964 7,224 3,136 1,661 1,141 1,337 1,461 2,156 7,363 8,087 912 8,790 5,397 1,025 1,067 1,146 1,191 1,195 1,284 577 706

Limited-Term Tax-Exempt Fund

3

3 3 3

3 4 4

3

4 4

Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) Massachusetts Development Finance Agency Revenue (Williams College) PUT Massachusetts Educational Financing Authority Education Loan Revenue Massachusetts Federal Highway GAN (Accelerated Bridge Program) Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO PUT Massachusetts GO PUT Massachusetts Health & Educational Facilities Authority Revenue (Amherst College) PUT Massachusetts Health & Educational Facilities Authority Revenue (Amherst College) PUT Massachusetts Health & Educational Facilities Authority Revenue (Lahey Clinic Medical Center) Massachusetts Health & Educational Facilities Authority Revenue (Milford Regional Medical Center) Massachusetts Health & Educational Facilities Authority Revenue (MIT) Massachusetts Health & Educational Facilities Authority Revenue (MIT) Massachusetts Health & Educational Facilities Authority Revenue (Museum of Fine Arts) VRDO Massachusetts Health & Educational Facilities Authority Revenue (Northeastern University) Massachusetts Health & Educational Facilities Authority Revenue (Partners Healthcare System) Massachusetts Health & Educational Facilities Authority Revenue (UMass Memorial Medical Center) Massachusetts Health & Educational Facilities Authority Revenue (UMass Memorial Medical Center) Massachusetts Housing Finance Agency Single Family Housing Revenue Massachusetts Housing Finance Agency Single Family Housing Revenue Massachusetts Housing Finance Agency Single Family Housing Revenue Massachusetts Municipal Wholesale Electric Co. Power System Revenue Massachusetts Port Authority Revenue Massachusetts School Building Authority Dedicated Sales Tax Revenue Massachusetts School Building Authority Dedicated Sales Tax Revenue Massachusetts School Building Authority Dedicated Sales Tax Revenue Massachusetts Transportation Fund Revenue (Accelerated Bridge Program) Massachusetts Transportation Fund Revenue (Accelerated Bridge Program) Massachusetts Transportation Fund Revenue (Accelerated Bridge Program) Massachusetts Turnpike Authority Revenue (Metropolitan Highway System) Massachusetts Turnpike Authority Revenue (Metropolitan Highway System) Massachusetts Water Pollution Abatement Trust Revenue Massachusetts Water Pollution Abatement Trust Revenue Massachusetts Water Pollution Abatement Trust Revenue

77

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 0.910% 5.500% 5.000% 0.970% 0.750% 0.990% 2.000% 2.000% 2.000% 5.000% 5.500% 5.500% 1.060% 5.000% 5.000% 5.250% 5.500% 5.000% 5.500% 5.500% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.930% 1.050% 1.700% 0.800% 5.250%

7/1/17 7/1/19 7/1/21 7/1/21 7/1/22 7/1/17 1/1/22 6/15/20 1/1/17 2/1/17 2/1/17 4/24/17 5/22/17 6/26/17 10/1/17 11/1/17 12/1/17 1/1/18 8/1/18 8/1/18 8/1/18 8/1/18 10/1/18 10/1/18 10/1/18 12/1/18 12/1/19 4/1/20 6/1/20 8/1/20 8/1/21 10/1/21 7/1/22 11/1/23 8/1/24 11/1/24 7/1/25 7/1/26 8/1/17 7/1/20 11/1/16 12/1/17 8/15/17

(Prere.)

2,265 2,000 3,200 1,440 750 14,860 1,000 5,000 11,750 59,460 7,500 31,805 83,000 40,000 27,000 2,100 3,255 10,000 4,500 4,535 5,060 2,000 30,000 4,955 10,200 30,000 9,160 45,000 10,000 33,155 40,500 7,860 3,235 10,000 7,500 3,500 14,955 7,020 20,000 16,500 5,660 2,000 6,650

2,323 2,181 3,647 1,641 869 14,842 1,111 5,701 11,750 59,460 7,500 32,002 83,569 40,358 28,054 2,199 3,421 10,004 4,821 4,853 5,444 2,160 32,335 5,388 11,090 32,521 10,400 50,917 11,364 37,905 47,560 9,280 3,883 12,094 8,810 4,225 17,833 8,358 19,991 16,323 5,660 1,996 6,889

5.000% 5.000% 5.500% 0.500% 5.000% 5.000%

7/15/22 7/1/17 (Prere.) 7/1/18 (Prere.) 11/1/16 10/1/17 7/1/22

500 3,500 3,875 23,410 5,000 5,000

513 3,601 4,168 23,410 5,187 5,494

(14) (Prere.) (Prere.) (4) (14)

(4) (14) (Prere.)

(Prere.)

5.000%

7/1/20

960

1,072

5.000% 3.500% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 5.000% 5.000% 5.250%

7/1/21 6/1/42 12/1/44 6/1/45 7/1/17 7/1/17 8/15/17 5/15/19 8/15/19 6/1/19 6/1/21 6/1/22 1/1/18 1/1/20 8/1/17 8/1/18 8/1/18

1,415 8,465 5,000 4,855 9,560 6,600 4,715 2,250 15,000 11,460 5,000 3,850 10,000 17,000 1,500 3,000 1,000

1,579 8,969 5,387 5,156 9,826 6,789 4,875 2,477 16,652 12,649 5,852 4,495 9,863 16,255 1,548 3,216 1,077

(4) (Prere.)

(14) (14)

Limited-Term Tax-Exempt Fund

2,3 2

Massachusetts Water Pollution Abatement Trust Revenue Massachusetts Water Pollution Abatement Trust Revenue Massachusetts Water Pollution Abatement Trust Revenue Massachusetts Water Pollution Abatement Trust Revenue Massachusetts Water Pollution Abatement Trust Revenue Massachusetts Water Pollution Abatement Trust Revenue Massachusetts Water Pollution Abatement Trust Revenue Massachusetts Water Pollution Abatement Trust Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue TOB PUT Massachusetts Water Resources Authority Revenue TOB VRDO University of Massachusetts Building Authority Revenue University of Massachusetts Building Authority Revenue University of Massachusetts Building Authority Revenue PUT

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.830% 0.750% 5.000% 5.000% 0.930%

8/1/18 8/1/19 8/1/20 8/1/21 8/1/21 8/1/21 8/1/22 8/1/23 8/1/19 8/1/19 8/1/20 8/1/21 8/1/23 1/3/17 11/7/16 11/1/16 11/1/20 5/30/17

2,065 4,500 16,000 4,580 7,520 6,000 4,290 5,000 930 3,210 1,370 3,900 6,000 4,750 27,070 7,555 1,250 9,390

2,223 4,995 18,327 5,401 8,321 6,871 4,745 5,526 1,031 3,560 1,521 4,582 7,039 4,750 27,070 7,555 1,436 9,390

(Prere.) (Prere.)

LOC LOC

1,153,892 Michigan (2.7%) Chippewa Valley MI Schools GO Chippewa Valley MI Schools GO Chippewa Valley MI Schools GO Coopersville MI Area Public Schools GO Coopersville MI Area Public Schools GO Coopersville MI Area Public Schools GO Detroit MI Water Supply System Revenue Detroit MI Water Supply System Revenue East Lansing MI School District GO East Lansing MI School District GO Forest Hills MI Public Schools GO Forest Hills MI Public Schools GO 2 Great Lakes MI Water Authority Sewer Disposal System Revenue TOB VRDO Great Lakes MI Water Authority Water Supply System Revenue Great Lakes MI Water Authority Water Supply System Revenue Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) Kent Hospital Finance Authority Michigan Revenue (Spectrum Health System) PUT Kent Hospital Finance Authority Michigan Revenue (Spectrum Health System) PUT Kentwood MI Economic Development Corp. Revenue (Holland Home Obligated Group) L’Anse Creuse MI Public Schools GO L’Anse Creuse MI Public Schools GO L’Anse Creuse MI Public Schools GO L’Anse Creuse MI Public Schools GO Lincoln MI Consolidated School District GO Lincoln MI Consolidated School District GO Livonia MI Public Schools School District GO Livonia MI Public Schools School District GO Livonia MI Public Schools School District GO Marquette MI Board of Light & Power Electric Utility System Revenue Marquette MI Board of Light & Power Electric Utility System Revenue Marquette MI Board of Light & Power Electric Utility System Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue

78

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.830% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

5/1/19 5/1/22 5/1/23 5/1/20 5/1/21 5/1/22 11/14/16 7/1/20 5/1/20 5/1/22 5/1/22 5/1/23 11/7/16 7/1/22 7/1/23 5/15/21 5/15/22 5/15/23 5/15/24 11/15/16 11/15/17 11/15/24 5/1/18 5/1/19 5/1/20 5/1/21 5/1/21 5/1/23 5/1/19 5/1/20 5/1/21 7/1/21 7/1/22 7/1/23 10/15/17 4/15/20 10/15/20 10/15/21 4/15/22 4/15/22 4/15/23 10/1/19 4/1/20 10/1/20 4/1/21 4/15/21 10/1/21 4/1/22 10/1/22

(Prere.)

(4)

(4) (4) (15) (15) (15)

1,025 450 575 1,235 2,325 1,900 5,845 1,755 600 2,095 4,645 4,405 6,235 1,840 4,755 500 500 500 550 1,050 1,500 3,120 720 1,030 1,670 250 1,000 1,310 1,000 3,365 2,000 700 900 900 1,250 7,000 2,250 1,750 4,350 1,000 1,350 850 3,800 1,200 4,350 6,240 1,275 7,185 525

1,123 531 690 1,392 2,687 2,242 5,854 1,962 676 2,472 5,480 5,286 6,235 2,154 5,661 575 587 597 667 1,052 1,562 3,368 763 1,128 1,882 289 1,148 1,563 1,095 3,793 2,311 812 1,068 1,089 1,300 7,902 2,577 2,052 5,149 1,184 1,627 936 4,218 1,320 4,935 7,224 1,440 8,299 605

Limited-Term Tax-Exempt Fund

2

2

1 1 1

Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan Michigan

Finance Authority Revenue Finance Authority Revenue (Beaumont Health Obligated Group) Finance Authority Revenue (Beaumont Health Obligated Group) Finance Authority Revenue (Beaumont Health Obligated Group) Finance Authority Revenue (Beaumont Health Obligated Group) Finance Authority Revenue (Beaumont Health Obligated Group) TOB VRDO Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Detroit Water & Sewer) Finance Authority Revenue (Henry Ford Health System Obligated Group) Finance Authority Revenue (Henry Ford Health System Obligated Group) Finance Authority Revenue (Henry Ford Health System Obligated Group) Finance Authority Revenue (McLaren Health Care Corp.) Finance Authority Revenue (McLaren Health Care Corp.) Finance Authority Revenue (McLaren Health Care Corp.) Finance Authority Revenue (McLaren Health Care Corp.) Finance Authority Revenue (McLaren Health Care Corp.) Finance Authority Revenue (McLaren Health Care Corp.) Finance Authority Revenue (McLaren Health Care Corp.) TOB VRDO Finance Authority Revenue (MidMichigan Obligated Group) Finance Authority Revenue (MidMichigan Obligated Group) Finance Authority Revenue (MidMichigan Obligated Group) Finance Authority Revenue (Sparrow Obligated Group) Finance Authority Revenue (Sparrow Obligated Group) Finance Authority Revenue (Sparrow Obligated Group) Finance Authority Revenue (Sparrow Obligated Group) Finance Authority Revenue (Sparrow Obligated Group) Finance Authority Revenue (Sparrow Obligated Group) Finance Authority Revenue (Sparrow Obligated Group) Finance Authority Revenue (State Clean Water Revolving Fund) Finance Authority Revenue (State Clean Water Revolving Fund) Finance Authority Revenue (State Clean Water Revolving Fund) Finance Authority Revenue (State Clean Water Revolving Fund) Finance Authority Revenue (State Clean Water Revolving Fund) Finance Authority Revenue (State Clean Water Revolving Fund) Finance Authority Revenue (Trinity Health Credit Group) Finance Authority Revenue (Trinity Health Credit Group) Finance Authority Revenue (Trinity Health Credit Group) Finance Authority Revenue (Trinity Health Credit Group) Finance Authority Revenue (Unemployment Obligation Assessment) Finance Authority Revenue (Unemployment Obligation Assessment) Finance Authority Revenue (Unemployment Obligation Assessment) Finance Authority Revenue (Unemployment Obligation Assessment) GAN GAN GAN Hospital Finance Authority Revenue (Ascension Health Credit Group) Hospital Finance Authority Revenue (Ascension Health Credit Group) Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT

79

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 4.000% 4.000% 5.000% 5.000% 0.830% 3.000% 3.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.580% 4.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.500% 1.400%

4/1/23 8/1/17 8/1/20 8/1/21 8/1/22 11/7/16 7/1/17 7/1/17 7/1/17 7/1/17 7/1/17 7/1/17 7/1/18 7/1/18 7/1/18 7/1/18 7/1/19 7/1/19 7/1/19 7/1/19 7/1/20 7/1/20 7/1/20 7/1/20 7/1/21 7/1/21 7/1/21 7/1/21 7/1/22 11/15/21 11/15/22 11/15/23 5/15/17 5/15/18 5/15/19 5/15/20 5/15/21 5/15/22 11/1/16 6/1/20 6/1/21 6/1/22 11/15/17 11/15/18 11/15/19 11/15/19 11/15/20 11/15/21 11/15/22 10/1/17 10/1/18 10/1/19 10/1/21 10/1/22 10/1/23 12/1/20 12/1/21 12/1/22 12/1/23 1/1/17 7/1/18 7/1/19 7/1/22 3/15/20 3/15/21 3/15/22 11/15/17 11/15/23 3/1/17 6/29/18

5,500 1,000 1,250 3,500 2,500 6,060 200 500 1,100 5,000 5,000 500 1,150 1,250 6,000 5,500 2,000 2,855 3,500 1,310 8,000 8,500 2,310 3,000 1,000 16,260 10,000 3,000 1,000 1,800 2,000 3,000 1,000 805 1,000 600 600 800 25,000 600 750 1,000 500 500 600 1,000 2,000 1,600 1,500 1,150 500 1,500 4,575 16,800 7,230 9,235 5,000 5,500 6,000 1,225 50,500 20,000 7,445 6,000 3,750 2,500 5,000 7,330 12,845 11,750

6,449 1,022 1,368 4,059 2,967 6,060 203 506 1,127 5,134 5,130 512 1,216 1,322 6,372 5,841 2,189 3,125 3,831 1,434 8,986 9,570 2,595 3,370 1,142 18,744 11,528 3,452 1,161 2,098 2,372 3,606 1,023 856 1,099 679 697 946 25,000 654 866 1,182 516 529 649 1,081 2,207 1,880 1,803 1,185 539 1,673 5,387 20,248 8,880 10,595 5,870 6,585 7,301 1,234 53,978 22,122 7,594 6,741 4,324 2,949 5,215 8,145 12,869 11,804

(14)

(14) (14) (14) (14) (14) (14) (14) (4) (14) (14) (4) (4) (14)

LOC

Limited-Term Tax-Exempt Fund

3

2 2

Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT Michigan Hospital Finance Authority Revenue (Henry Ford Health System) Michigan Hospital Finance Authority Revenue (McLaren Health Care) Michigan Hospital Finance Authority Revenue (McLaren Health Care) Michigan Hospital Finance Authority Revenue (Trinity Health) PUT Michigan Housing Development Authority Single Family Mortgage Revenue Michigan Municipal Bond Authority Revenue (State Clean Water Revolving Fund) Michigan State Hospital Finance Authority ( Ascension Health Senior Credit Group) OUT Michigan State University Revenue Michigan Strategic Fund Limited Obligation Revenue (Detroit Edison Co. Project) PUT Michigan Strategic Fund Limited Obligation Revenue (Detroit Edison Co. Project) PUT Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University) Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University) Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University) Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University) Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University) Oakland University MI Revenue Oakland University MI Revenue Oakland University MI Revenue Oakland University MI Revenue Portage MI Public Schools GO Portage MI Public Schools GO Portage MI Public Schools GO Rochester MI Community School District GO Rochester MI Community School District GO Rochester MI Community School District GO Rochester MI Community School District GO Romeo MI Community School District GO Royal Oak MI City School District GO Royal Oak MI City School District GO Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) Saginaw MI Hospital Finance Authority Hospital Revenue (Covenant Medical Center Inc.) University of Michigan Revenue University of Michigan Revenue University of Michigan Revenue University of Michigan Revenue University of Michigan Revenue PUT Walled Lake MI Consolidate School District GO Warren MI Consolidated School District GO Wayne County MI Airport Authority Revenue Wayne State University Michigan Revenue TOB VRDO Wayne State University Michigan Revenue TOB VRDO Western Michigan University Revenue Woodhaven-Brownstone MI School District GO Woodhaven-Brownstone MI School District GO Woodhaven-Brownstone MI School District GO

Coupon

Maturity Date

1.500% 5.000% 5.000% 5.000% 6.000% 4.000% 5.000% 0.900% 5.000% 1.450% 1.450%

5/1/20 11/15/16 (ETM) 6/1/18 6/1/19 12/1/17 6/1/46 10/1/18 5/30/17 2/15/17 9/1/21 9/1/21

Face Amount ($000)

Market Value• ($000)

2,785 6,140 6,375 3,350 5,000 11,305 400 4,000 6,135 8,000 2,000

2,794 6,150 6,779 3,683 5,273 12,191 431 4,000 6,212 7,898 1,975

4.000%

3/1/17

250

253

4.000%

3/1/18

500

520

5.000%

3/1/19

1,000

1,091

5.000%

3/1/20

800

900

600 1,780 1,000 1,285 425 750 1,790 1,380 6,980 4,075 1,650 1,225 1,000 1,250 600 1,400 1,500 1,200 2,880 11,385 1,000 600 500 22,000 3,135 2,755 2,345 6,665 2,500 1,000 1,710 1,730 1,615

694 1,992 1,149 1,509 508 857 2,112 1,648 7,866 4,710 1,947 1,470 1,195 1,412 696 1,447 1,656 1,360 2,951 11,546 1,167 718 611 21,901 3,699 3,291 2,749 6,665 2,500 1,173 1,977 2,041 1,938

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 1.060% 5.000% 5.000% 5.000% 0.660% 0.780% 5.000% 5.000% 5.000% 5.000%

3/1/21 3/1/20 3/1/21 3/1/22 3/1/23 11/1/20 5/1/22 11/1/22 5/1/20 5/1/21 5/1/22 5/1/23 5/1/23 5/1/20 5/1/21 9/1/17 9/1/19 9/1/20 7/1/17 4/1/17 4/1/21 4/1/22 4/1/23 4/2/18 5/1/22 5/1/23 (15) 12/1/23 11/7/16 11/7/16 11/15/21 5/1/21 5/1/22 5/1/23

655,263 Minnesota (0.9%) Hennepin County MN GO Hennepin County MN GO Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue (Allina Health System) Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue Minneapolis MN Health Care System Revenue (Fairview Health Services) Minneapolis MN Health Care System Revenue (Fairview Health Services) Minneapolis MN Special School District No. 1 COP

80

5.000% 5.000%

12/1/20 12/1/20

3,000 4,085

3,472 4,727

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/15/16 1/1/20 1/1/21 1/1/21 1/1/22 1/1/22 1/1/23 1/1/24 11/15/21 11/15/22 2/1/19

1,900 3,500 350 2,700 1,000 3,000 5,000 7,180 550 200 6,830

1,903 3,920 403 3,112 1,179 3,536 6,004 8,772 641 237 7,432

Limited-Term Tax-Exempt Fund

Coupon Minneapolis MN Special School District No. 1 COP Minnesota 911 Revenue Minnesota 911 Revenue Minnesota General Fund Revenue Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) Minnesota Municipal Power Agency Revenue Minnesota Municipal Power Agency Revenue Minnesota Public Facilities Authority Revenue (State Revolving Fund) Shakopee MN Healthcare Facilities Revenue (St. Francis Regional Medical Center) Shakopee MN Healthcare Facilities Revenue (St. Francis Regional Medical Center) Shakopee MN Healthcare Facilities Revenue (St. Francis Regional Medical Center) St. Cloud MN Health Care Revenue (CentraCare Health System) St. Cloud MN Health Care Revenue (CentraCare Health System) University of Minnesota Revenue University of Minnesota Revenue University of Minnesota Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

Maturity Date 2/1/21 6/1/18 (ETM) 6/1/21 3/1/19 12/1/16 10/1/17 (ETM) 10/1/17 8/1/18 8/1/18 8/1/18 11/1/19 8/1/21 8/1/21 8/1/22 8/1/23 10/1/24 4/1/20 4/1/21 4/1/22 1/1/20 1/1/21 3/1/18 9/1/20 9/1/21 9/1/22 5/1/17 5/1/22 8/1/17 12/1/17 8/1/22

Face Amount ($000)

Market Value• ($000)

7,225 2,320 9,390 6,410 8,150 35 2,240 3,825 8,375 3,000 2,000 6,000 15,500 12,900 6,665 14,225 500 425 495 2,000 1,250 8,500 1,340 1,195 1,580 1,000 2,800 3,215 10,000 1,575

8,338 2,471 11,011 7,000 8,180 36 2,328 4,100 8,976 3,215 2,237 7,064 18,256 15,575 7,594 16,490 547 473 560 2,243 1,442 8,973 1,518 1,388 1,875 1,022 3,320 3,318 10,458 1,887 207,233

Mississippi (0.2%) DeSoto County MS School District GO DeSoto County MS School District GO Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) Jackson MS Public School District GO Mississippi Business Finance Corp. Solid Waste Disposal Revenue (Waste Management Inc. Project) PUT 3 Mississippi GO 2 Mississippi GO TOB VRDO 3 Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Health System) PUT Mississippi Hospital Equipment & Facilities Authority Revenue (North Mississippi Health Services)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

5/1/18 5/1/19 7/1/21 7/1/22 7/1/23 4/1/22

10,340 8,000 1,050 2,000 1,500 1,500

10,971 8,801 1,188 2,303 1,751 1,752

1.125% 1.160% 0.670% 1.930%

9/1/17 9/1/17 11/7/16 8/15/20

1,250 4,635 3,680 7,875

1,252 4,640 3,680 7,812

5.000%

10/1/17

2,500

2,591 46,741

Missouri (1.0%) Boone County MO Hospital Revenue Boone County MO Hospital Revenue Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue (St. Francis Medical Center) Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue (St. Francis Medical Center) Curators of the University of Missouri System Facilities Revenue Curators of the University of Missouri System Facilities Revenue Curators of the University of Missouri System Facilities Revenue Curators of the University of Missouri System Facilities Revenue Curators of the University of Missouri System Facilities Revenue Joplin MO Industrial Development Authority Health Facilities Revenue (Freeman Health System) Joplin MO Industrial Development Authority Health Facilities Revenue (Freeman Health System) Kansas City MO Airport Revenue Kansas City MO Airport Revenue Kansas City MO GO Kansas City MO Sanitary Sewer System Revenue Kansas City MO Sanitary Sewer System Revenue Kansas City MO Sanitary Sewer System Revenue Kansas City MO Special Obligation Revenue Kansas City MO Special Obligation Revenue Kansas City MO Special Obligation Revenue

81

5.000% 5.000%

8/1/22 8/1/23

1,370 2,465

1,595 2,899

5.000%

6/1/19

2,000

2,190

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000%

6/1/20 11/1/17 11/1/18 11/1/18 11/1/19 11/1/20 2/15/22 2/15/23 9/1/18 9/1/19 2/1/18 1/1/21 1/1/22 1/1/23 10/1/21 10/1/21 10/1/22

1,000 3,270 2,225 1,445 805 2,000 1,500 1,420 1,500 2,715 5,660 1,025 1,250 1,500 1,305 1,275 1,410

1,125 3,410 2,407 1,563 901 2,305 1,749 1,688 1,605 2,998 5,880 1,143 1,419 1,724 1,515 1,480 1,672

Limited-Term Tax-Exempt Fund

1

1

1

1

1

1

1

1

Kansas City MO Special Obligation Revenue Kansas City MO Special Obligation Revenue (Downtown Arena Project) Kansas City MO Special Obligation Revenue (Downtown Arena Project) Missouri Board of Public Buildings Special Obligation Revenue Missouri Development Finance Board Infrastructure Facilities Revenue (Branson Landing Project) Missouri Environmental Improvement & Energy Resources Authority Revenue (Kansas City Power & Light) Missouri Health & Educational Facilities Authority Educational Facilities Revenue (St. Louis College of Pharmacy Project) Missouri Health & Educational Facilities Authority Educational Facilities Revenue (St. Louis College of Pharmacy Project) Missouri Health & Educational Facilities Authority Educational Facilities Revenue (St. Louis College of Pharmacy Project) Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) Missouri Health & Educational Facilities Authority Health Facilities Revenue (Freeman Health System) Missouri Health & Educational Facilities Authority Health Facilities Revenue (Freeman Health System) Missouri Health & Educational Facilities Authority Health Facilities Revenue (Freeman Health System) Missouri Health & Educational Facilities Authority Health Facilities Revenue (Freeman Health System) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Highways & Transportation Commission Road Revenue Missouri Highways & Transportation Commission Road Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) St. Joseph MO Industrial Development Authority Health Facilities Revenue (Heartland Regional Medical Center) VRDO St. Louis County MO Industrial Development Authority Senior Living Facilities Revenue (Friendship Village Sunset Hills) St. Louis MO Airport Revenue (Lambert-St. Louis International Airport) St. Louis MO Municipal Finance Corp. Lease Revenue (City Justice Center Project) St. Louis MO Municipal Finance Corp. Lease Revenue (City Justice Center Project) St. Louis MO Parking Revenue St. Louis MO Parking Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 4.000%

10/1/22 4/1/21 4/1/22 10/1/19 12/1/20

1,295 3,000 4,955 17,225 1,300

1,536 3,444 5,814 19,193 1,412

1.250%

7/1/17

4,200

4,213

5.000%

5/1/19

750

811

5.000%

5/1/20

870

958

5.000% 5.000%

5/1/21 11/15/22

1,420 3,375

1,591 4,001

5.000%

2/15/17

1,500

1,517

5.000%

2/15/18

2,890

3,029

5.000%

2/15/19

3,040

3,284

5.000%

2/15/20

3,085

3,429

3.000%

2/1/17

250

251

4.000%

2/1/18

500

517

4.000%

2/1/19

650

684

4.000%

2/1/20

900

963

5.000%

2/1/21

400

451

5.000%

2/1/22

1,190

1,365

5.000%

2/1/23

1,200

1,395

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/1/24 5/1/20 5/1/21 1/1/19 1/1/21 1/1/22 6/1/18 12/1/18 6/1/19 12/1/19 6/1/20 12/1/20 6/1/21 12/1/21 6/1/22 12/1/22

750 43,310 4,380 2,200 6,275 4,365 1,500 1,250 2,750 2,500 1,125 1,000 1,250 1,860 3,205 1,500

879 49,227 5,126 2,379 7,175 5,086 1,595 1,353 3,024 2,794 1,273 1,149 1,451 2,187 3,801 1,799

0.490%

11/1/16 LOC

27,170

27,170

5,400 1,295 2,000 4,000 535 1,000

5,425 1,378 2,024 4,199 622 1,188

2.850% 5.000% 5.000% 5.000% 5.000% 5.000%

9/1/18 7/1/18 2/15/17 2/15/18 12/15/21 (4) 12/15/22 (4)

233,430 Montana (0.1%) Forsyth MT Pollution Control Revenue (Northwestern Corporation Colstrip Project) Montana Facility Finance Authority Revenue (Sisters of Charity of Leavenworth Health System)

2.000% 5.000%

8/1/23 1/1/17

20,000 5,305

19,834 5,343 25,177

82

Limited-Term Tax-Exempt Fund

Multiple States (1.4%) 2,3 Eaton Vance Municipal Bond Fund II 2 Nuveen AMT-Free Municipal Income Fund VRDP VRDO 2 Nuveen AMT-Free Quality Municipal Income Fund VRDP VRDO 2 Nuveen AMT-Free Quality Municipal Income Fund VRDP VRDO 2 Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund VRDP VRDO 2 Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund VRDP VRDO

Coupon

Maturity Date

1.680% 0.770% 0.730% 0.760% 0.740% 0.730%

7/1/19 11/7/16 11/7/16 11/7/16 11/7/16 11/7/16

LOC LOC LOC LOC LOC

Face Amount ($000)

Market Value• ($000)

4,975 15,000 62,500 50,000 154,200 46,400

4,976 15,000 62,500 50,000 154,200 46,400 333,076

Nebraska (0.7%) Central Plains Energy Project Nebraska Gas Project Revenue (Project No. 1) Central Plains Energy Project Nebraska Gas Project Revenue (Project No. 1) Central Plains Energy Project Nebraska Gas Supply Revenue PUT Central Plains Energy Project Nebraska Gas Supply Revenue PUT Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) Lincoln County NE Hospital Authority No. 1 Hospital Revenue (Great Plains Regional Medical Center Project) Lincoln County NE Hospital Authority No. 1 Hospital Revenue (Great Plains Regional Medical Center Project) Lincoln County NE Hospital Authority No. 1 Hospital Revenue (Great Plains Regional Medical Center Project) Municipal Energy Agency of Nebraska Power Supply System Revenue Municipal Energy Agency of Nebraska Power Supply System Revenue Municipal Energy Agency of Nebraska Power Supply System Revenue Nebraska Investment Finance Authority Single Family Housing Revenue Nebraska Investment Finance Authority Single Family Housing Revenue Nebraska Investment Finance Authority Single Family Housing Revenue Nebraska Investment Finance Authority Single Family Housing Revenue Nebraska Investment Finance Authority Single Family Housing Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Omaha NE Public Power District Electric Revenue Omaha NE Public Power District Electric Revenue University of Nebraska Facilities Corp. Revenue (UNMC Eye Institute) University of Nebraska Student Fee Revenue University of Nebraska Student Fee Revenue University of Nebraska Student Fee Revenue University of Nebraska Student Fee Revenue University of Nebraska Student Fee Revenue University of Nebraska Student Fee Revenue University of Nebraska Student Health & Recreation Project Revenue University of Nebraska Student Health & Recreation Project Revenue

5.250% 5.250% 5.000% 5.000%

12/1/20 12/1/21 6/1/19 12/1/19

5,000 3,000 11,175 50,000

5,712 3,502 12,159 55,149

4.000%

11/1/19

750

804

5.000%

11/1/20

1,400

1,581

5.000%

11/1/22

1,000

1,173

5.000%

11/1/18

500

535

4.000%

11/1/19

750

803

4.000% 5.000% 5.000% 5.000% 3.000% 3.000% 3.000% 4.000% 3.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/20 4/1/19 4/1/20 4/1/23 3/1/43 9/1/43 3/1/44 9/1/44 9/1/45 1/1/17 1/1/18 1/1/19 1/1/19 1/1/20 7/1/20 1/1/21 7/1/21 2/1/20 2/1/21 3/1/18 7/1/18 7/1/20 7/1/21 7/1/21 7/1/22 7/1/22 5/15/20 5/15/22

600 1,500 1,350 1,030 2,425 2,750 3,265 4,865 10,695 1,000 1,500 1,000 1,000 2,800 6,065 4,635 3,185 7,370 6,400 8,850 1,500 3,015 1,335 1,000 1,400 1,500 1,255 1,135

652 1,638 1,519 1,236 2,469 2,791 3,344 5,147 11,357 1,007 1,572 1,085 1,085 3,133 6,877 5,328 3,706 8,298 7,412 9,333 1,601 3,428 1,559 1,167 1,672 1,792 1,422 1,352 174,400

Nevada (0.5%) Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) Clark County NV Airport Improvement Revenue Clark County NV Highway Improvement Motor Vehicle Fuel Tax Revenue Clark County NV Passenger Facility Charge Revenue (Las Vegas McCarran Clark County NV Passenger Facility Charge Revenue (Las Vegas McCarran Clark County NV Passenger Facility Charge Revenue (Las Vegas McCarran Clark County NV Passenger Facility Charge Revenue (Las Vegas McCarran Clark County NV School District GO Clark County NV School District GO Las Vegas NV Convention & Visitors Authority Revenue Las Vegas NV Convention & Visitors Authority Revenue Las Vegas NV Convention & Visitors Authority Revenue 2 Nevada Capital Improvement & Cultural Affairs GO TOB VRDO

International International International International

83

Airport) Airport) Airport) Airport)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.660%

9/1/17 9/1/19 9/1/20 7/1/18 7/1/22 7/1/19 7/1/20 7/1/21 7/1/22 12/15/17 (Prere.) 6/15/21 7/1/21 7/1/22 7/1/23 11/7/16

1,915 1,030 1,165 32,000 1,715 2,375 3,000 3,000 3,000 9,245 23,970 1,000 1,550 1,180 9,510

1,971 1,121 1,298 34,121 2,049 2,618 3,402 3,492 3,570 9,687 25,054 1,160 1,839 1,422 9,510

Limited-Term Tax-Exempt Fund

Nevada Unemployment Compensation Revenue Washoe County NV Gas & Water Facilities Revenue PUT

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 3.000%

12/1/17 6/1/22

6,000 7,500

6,274 8,016 116,604

New Hampshire (0.1%) Manchester NH General Airport Revenue 1 New Hampshire Health & Education Facilities Authority 1 New Hampshire Health & Education Facilities Authority 1 New Hampshire Health & Education Facilities Authority 1 New Hampshire Health & Education Facilities Authority (Southern New Hampshire Medical Center) 1 New Hampshire Health & Education Facilities Authority (Southern New Hampshire Medical Center) New Hampshire Municipal Bond Bank Revenue 1 New Hampshire Municipal Bond Bank Revenue 1 New Hampshire Municipal Bond Bank Revenue

Revenue (Elliott Hospital Obligated Group) Revenue (Elliott Hospital Obligated Group) Revenue (Elliott Hospital Obligated Group) Revenue

5.000% 5.000% 5.000% 5.000%

1/1/22 10/1/21 10/1/22 10/1/23

6,820 1,250 900 1,675

7,773 1,421 1,040 1,954

4.000%

10/1/22

2,070

2,307

4.000% 5.000% 4.000% 4.000%

10/1/23 8/15/17 8/15/21 8/15/22

2,355 3,200 505 1,000

2,638 3,307 568 1,142

Revenue

22,150 New Jersey (5.0%) Atlantic City NJ GO Atlantic City NJ GO Atlantic City NJ GO Atlantic City NJ GO Atlantic City NJ GO Atlantic City NJ GO Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue (Cooper Health System Obligated Group) Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue (Cooper Health System Obligated Group) Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue (Cooper Health System Obligated Group) Camden County NJ Improvement Authority Lease Revenue (Rowan University School of Osteopathic Medicine Project) 2 Camden County NJ Improvement Authority Revenue VRDO 2,3 Eaton Vance New Jersey Municipal Bond Fund II Gloucester County NJ Improvement Authority Revenue (Rowan University) Gloucester County NJ Improvement Authority Revenue (Rowan University) Gloucester County NJ Improvement Authority Revenue (Rowan University) Gloucester County NJ Improvement Authority Revenue (Rowan University) Gloucester County NJ Improvement Authority Revenue (Rowan University) Gloucester County NJ Improvement Authority Solid Waste Resource Revenue PUT Howell Township NJ BAN Long Branch NJ BAN Morris County NJ Improvement Authority Revenue Morris County NJ Improvement Authority Revenue New Jersey Economic Development Authority Revenue New Jersey Economic Development Authority Revenue New Jersey Economic Development Authority Revenue New Jersey Economic Development Authority Revenue (Cigarette Tax) New Jersey Economic Development Authority Revenue (Cigarette Tax) New Jersey Economic Development Authority Revenue (Cigarette Tax) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) 3 New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) 2 New Jersey Economic Development Authority Revenue (School Facilities Construction) TOB VRDO New Jersey Economic Development Authority Revenue (School Facilities Construction) VRDO

84

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/19 12/1/19 11/1/20 12/1/20 11/1/21 12/1/21

3,315 6,995 4,025 7,185 3,020 1,970

2,723 5,744 3,260 5,817 2,442 1,592

5.000%

2/15/20

2,040

2,264

5.000%

2/15/21

2,460

2,797

5.000%

2/15/22

2,295

2,663

5.000% 0.670% 1.630% 5.000% 5.000% 5.000% 5.000% 5.000% 2.125% 2.000% 1.750% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.530% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.250%

12/1/22 11/7/16 7/1/19 7/1/18 7/1/19 7/1/20 7/1/21 7/1/22 12/1/17 10/19/17 2/10/17 5/1/21 5/1/22 3/1/18 3/1/19 6/15/22 6/15/18 6/15/19 6/15/20 12/15/16 12/15/16 2/1/17 9/1/17 9/1/17 12/15/17 12/15/17 9/1/18 3/1/19 12/15/19 3/1/20 3/1/20 9/1/20 9/1/20 12/15/20 3/1/21 9/1/22

1,095 1,290 8,675 1,600 1,700 1,800 2,800 1,200 3,280 11,850 10,596 2,000 1,000 14,425 29,800 62,735 7,235 8,000 7,000 20,115 12,310 14,000 7,500 6,450 555 13,745 5,000 15,000 16,780 910 8,325 5,650 2,095 9,670 13,480 4,990

1,303 1,290 8,676 1,703 1,871 2,038 3,251 1,423 3,318 11,959 10,616 2,241 1,142 15,041 32,520 69,745 7,572 8,568 7,637 20,218 12,366 13,999 7,764 6,677 576 14,384 5,420 16,369 18,223 1,024 9,042 6,459 2,294 10,725 15,760 5,484

9,805 4,000

9,805 3,998

0.700% 1.360%

LOC

(ETM)

(ETM)

(ETM) (ETM) (ETM) (ETM) (ETM) (ETM) (ETM) (2) (Prere.)

11/7/16 LOC 2/1/17

Limited-Term Tax-Exempt Fund

2

2

1 1 1 1 1 1 1 1

3 3

New Jersey Economic Development Authority Revenue (Provident Group-Montclair Properties LLC - Montclair State University Student Housing Project) New Jersey Economic Development Authority Sublease Revenue (New Jersey Transit Corp. Light Rail Transit System Project) New Jersey Educational Facilities Authority Revenue (College of New Jersey) New Jersey Educational Facilities Authority Revenue (College of New Jersey) New Jersey Educational Facilities Authority Revenue (College of New Jersey) New Jersey Educational Facilities Authority Revenue (College of New Jersey) New Jersey Educational Facilities Authority Revenue (Kean University) New Jersey Educational Facilities Authority Revenue (Princeton University) New Jersey Educational Facilities Authority Revenue (Princeton University) New Jersey Equipment Lease Purchase COP New Jersey Equipment Lease Purchase COP New Jersey Equipment Lease Purchase COP New Jersey Equipment Lease Purchase COP New Jersey GO New Jersey GO New Jersey GO New Jersey Health Care Facilities Financing Authority Revenue (AHS Hospital Corp.) New Jersey Health Care Facilities Financing Authority Revenue (AHS Hospital Corp.) New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) New Jersey Health Care Facilities Financing Authority Revenue (Hackensack University Medical Center) New Jersey Health Care Facilities Financing Authority Revenue (Hackensack University Medical Center) New Jersey Health Care Facilities Financing Authority Revenue (Holy Name Medical Center) New Jersey Health Care Facilities Financing Authority Revenue (Meridian Health System Obligated Group) New Jersey Health Care Facilities Financing Authority Revenue (Meridian Health System Obligated Group) New Jersey Health Care Facilities Financing Authority Revenue (Meridian Health System Obligated Group) New Jersey Health Care Facilities Financing Authority Revenue (Meridian Health System Obligated Group) TOB VRDO New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue TOB VRDO New Jersey Transportation Corp. GAN New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue PUT New Jersey Transportation Trust Fund Authority Transportation Program Revenue PUT New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue

85

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

6/1/17

3,525

3,588

1,000 405 500 720 1,000 2,500 5,095 5,345 2,625 4,550 10,255 1,500 11,660 5,000 8,395 2,390 110 2,000 1,000 3,550

1,073 444 581 854 1,201 2,574 5,242 5,713 2,688 4,789 10,752 1,586 12,021 5,283 9,202 2,553 117 2,054 1,064 4,085

5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.500%

5/1/19 7/1/20 7/1/21 7/1/22 7/1/23 9/1/17 7/1/17 7/1/18 6/15/17 6/15/18 6/15/19 6/15/20 8/15/17 6/1/18 8/15/19 7/1/18 (ETM) 7/1/18 7/1/17 7/1/18 7/1/21 (Prere.)

5.000%

1/1/17

2,595

2,613

5.000% 4.000%

1/1/18 7/1/17

3,605 1,000

3,769 1,018

5.000%

7/1/18

2,000

2,128

5.000%

7/1/19

2,000

2,196

5.000%

7/1/21

2,000

2,312

9,045 1,000 1,500 2,000 1,000 1,000 1,500 3,000 9,990 3,810 1,500 5,000 22,550 16,300 18,000 27,500 9,000 10,000 50,000 10,000 50,650 11,000 12,550 1,295 2,890 2,500 41,000 24,000 10,000 7,500 30,000 2,500 15,810 2,815 31,245

9,045 1,154 1,769 2,400 1,085 1,146 1,754 3,556 10,023 3,823 1,623 5,000 24,717 17,550 19,725 28,772 10,005 11,241 52,255 11,318 52,901 12,037 13,853 1,429 3,223 2,808 40,242 23,081 10,405 7,804 31,215 2,631 16,858 3,033 34,043

0.780% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.850% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.630% 1.830% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/7/16 (12) 7/1/21 7/1/22 7/1/23 7/1/20 7/1/21 7/1/22 7/1/23 12/1/16 12/1/16 6/1/19 11/7/16 9/15/20 6/15/19 6/15/20 6/15/21 6/15/21 6/15/22 6/15/22 6/15/23 6/15/23 6/15/20 6/15/21 6/15/21 6/15/22 6/15/23 12/15/19 12/15/21 12/15/17 12/15/17 12/15/17 6/15/18 12/15/18 6/15/19 12/15/19

Limited-Term Tax-Exempt Fund

2 3

3 3 3

New Jersey Transportation Trust Fund Authority Transportation New Jersey Transportation Trust Fund Authority Transportation New Jersey Transportation Trust Fund Authority Transportation New Jersey Transportation Trust Fund Authority Transportation New Jersey Transportation Trust Fund Authority Transportation New Jersey Turnpike Authority Revenue New Jersey Turnpike Authority Revenue New Jersey Turnpike Authority Revenue New Jersey Turnpike Authority Revenue PUT New Jersey Turnpike Authority Revenue PUT New Jersey Turnpike Authority Revenue PUT Rutgers State University New Jersey Revenue Rutgers State University New Jersey Revenue Rutgers State University New Jersey Revenue Sparta Township NJ Board of Education GO Tobacco Settlement Financing Corp. New Jersey Revenue Union County NJ GO Union County NJ GO Union County NJ GO Union County NJ GO

System System System System System

Revenue Revenue Revenue Revenue Revenue TOB VRDO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.250% 5.250% 5.250% 0.700% 1.180% 5.000% 5.000% 1.250% 1.310% 1.310% 5.000% 5.000% 5.000% 5.000% 0.000% 4.000% 4.000% 5.000% 5.000%

6/15/20 12/15/20 (4) 12/15/20 (4) 12/15/20 11/7/16 LOC 1/1/18 1/1/20 1/1/21 1/1/17 1/1/18 1/1/18 5/1/19 5/1/19 5/1/20 2/15/21 6/1/41 2/15/19 2/15/20 2/15/21 2/15/22

14,635 5,000 5,800 4,875 18,750 40,000 750 1,000 12,500 10,115 15,000 1,000 1,000 2,000 1,030 225,000 4,255 5,355 5,615 6,275

16,014 5,659 6,565 5,419 18,750 40,084 839 1,149 12,500 10,143 15,041 1,097 1,097 2,257 1,188 59,850 4,546 5,857 6,511 7,465 1,188,858

New Mexico (0.5%) Albuquerque Bernalillo County NM Water Utility Authority Revenue Albuquerque Bernalillo County NM Water Utility Authority Revenue Albuquerque NM Municipal School District No. 12 GO Albuquerque NM Municipal School District No. 12 GO Albuquerque NM Municipal School District No. 12 GO Albuquerque NM Municipal School District No. 12 GO Farmington NM Pollution Control Revenue (El Paso Electric Co. Four Corners Project) PUT Farmington NM Pollution Control Revenue (Southern California Edison Co. Four Corners Project) PUT New Mexico Educational Assistance Foundation Revenue New Mexico Educational Assistance Foundation Revenue New Mexico Finance Authority Transportation Revenue New Mexico Hospital Equipment Loan Council Hospital System Revenue (Presbyterian Healthcare Services) 2 New Mexico Hospital Equipment Loan Council Hospital System Revenue (Presbyterian Healthcare Services) TOB VRDO 3 New Mexico Municipal Energy Acquisition Authority Gas Supply Revenue 3 New Mexico Municipal Energy Acquisition Authority Gas Supply Revenue 3 New Mexico Municipal Energy Acquisition Authority Gas Supply Revenue PUT New Mexico Severance Tax Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.875%

7/1/20 7/1/20 8/1/20 8/1/20 8/1/21 8/1/21 9/1/17

2,000 3,225 6,580 1,800 5,450 1,130 4,500

2,284 3,683 7,522 2,058 6,400 1,327 4,517

1.875% 4.000% 4.000% 5.000%

4/1/20 12/1/16 12/1/17 6/15/17

19,000 7,000 5,000 9,000

19,281 7,020 5,157 9,243

5.000%

8/1/21

1,600

1,860

0.660% 0.923% 0.973% 1.103% 5.000%

11/7/16 2/1/18 8/1/18 8/1/19 7/1/17

6,660 5,000 5,200 37,500 6,015

6,660 4,989 5,189 37,321 6,188 130,699

New York (13.3%) Albany NY Industrial Development Agency Civic Facility Revenue (Albany Medical Center Hospital Project) VRDO Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) Buffalo & Erie County NY Industrial Land Development Corp. Revenue Buffalo & Erie County NY Industrial Land Development Corp. Revenue Central Islip NY Union Free School District BAN Clarence NY BAN Dobbs Ferry NY Union Free School District BAN Dutchess County NY Local Development Corp. Revenue (Culinary Institute of America Dutchess County NY Local Development Corp. Revenue (Culinary Institute of America Dutchess County NY Local Development Corp. Revenue (Culinary Institute of America Dutchess County NY Local Development Corp. Revenue (Culinary Institute of America 2,3 Eaton Vance New York Municipal Bond Fund II Erie County NY Industrial Development Agency School Facility Revenue (Buffalo City School District Project) Erie County NY Industrial Development Agency School Facility Revenue (Buffalo City School District Project) Johnson City Central School District BAN Lewiston-Porter Central School District BAN Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue

86

Project) Project) Project) Project)

0.800% 5.000% 5.000% 5.000% 5.000% 5.000% 2.000% 2.000% 2.000% 5.000% 5.000% 5.000% 5.000% 1.480% 5.000% 5.000% 2.000% 2.000% 5.000% 5.000% 5.000% 5.000%

11/7/16 LOC 7/15/21 7/15/22 7/15/23 11/15/20 11/15/21 8/16/17 7/21/17 7/28/17 7/1/21 7/1/22 7/1/23 7/1/24 7/1/19 5/1/17 5/1/17 6/22/17 6/15/17 9/1/17 5/1/18 (ETM) 5/1/19 (ETM) 9/1/20

3,905 1,000 2,000 1,385 1,265 1,355 8,500 6,281 3,700 300 300 350 350 5,750

3,905 1,146 2,337 1,643 1,413 1,537 8,564 6,328 3,725 346 352 419 424 5,751

3,000

3,067

1,125 8,070 8,975 9,955 2,000 1,500 1,295

1,150 8,119 9,025 10,294 2,123 1,647 1,473

Limited-Term Tax-Exempt Fund

3 3

3

Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue PUT Long Island NY Power Authority Electric System Revenue PUT Monroe County NY Industrial Development Agency School Facility Revenue (Rochester Schools Modernization Project) Monroe County NY Industrial Development Agency School Facility Revenue (Rochester Schools Modernization Project) Monroe County NY Industrial Development Agency School Facility Revenue (Rochester Schools Modernization Project) Monroe County NY Industrial Development Agency School Facility Revenue (Rochester Schools Modernization Project) Mount Vernon City School District BAN Nassau County NY GO Nassau County NY GO Nassau County NY GO Nassau County NY Local Economic Assistance & Financing Corp. Revenue (Catholic Health Services) Nassau County NY Local Economic Assistance & Financing Corp. Revenue (South Nassau Communities Hospital) Nassau County NY Local Economic Assistance & Financing Corp. Revenue (South Nassau Communities Hospital) Nassau County NY Local Economic Assistance & Financing Corp. Revenue (Winthrop University Hospital Association Project) Nassau County NY Local Economic Assistance & Financing Corp. Revenue (Winthrop University Hospital Association Project) Nassau County NY Local Economic Assistance Corp. Revenue (Catholic Health Services of Long Island Obligated Group Project) Nassau County NY Local Economic Assistance Corp. Revenue (Catholic Health Services of Long Island Obligated Group Project) New Rochelle NY School District TAN New York City NY Build NYC Resource Corp. Revenue (Ethical Culture Fieldston New York City NY Build NYC Resource Corp. Revenue (Ethical Culture Fieldston New York City NY Build NYC Resource Corp. Revenue (Ethical Culture Fieldston New York City NY Build NYC Resource Corp. Revenue (Ethical Culture Fieldston New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO

Project) Project) Project) Project)

87

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 1.019% 1.249%

9/1/21 9/1/22 9/1/22 9/1/23 11/1/18 11/1/18

1,295 750 2,000 1,000 16,850 30,000

1,507 893 2,380 1,208 16,870 30,172

5.000%

5/1/18

2,000

2,121

5.000%

5/1/18

1,000

1,060

5.000%

5/1/19

3,520

3,861

5.000% 2.000% 5.000% 5.000% 5.000%

5/1/19 8/18/17 4/1/20 4/1/21 1/1/22

2,000 8,500 14,340 11,075 9,685

2,194 8,556 16,131 12,751 11,322

5.000%

7/1/20

4,640

5,208

5.000%

7/1/18

2,550

2,706

5.000%

7/1/20

1,660

1,863

5.000%

7/1/18

2,000

2,117

5.000%

7/1/19

1,565

1,705

4.000%

7/1/19

375

400

5.000% 2.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.100% 5.000% 5.000%

7/1/21 6/29/17 6/1/19 6/1/20 6/1/21 6/1/22 8/1/17 8/1/17 8/1/17 8/1/17 8/1/17 10/1/17 10/1/17 8/1/18 8/1/18 8/1/18 8/1/18 8/1/18 8/1/18 8/1/18 8/1/18 10/1/18 8/1/19 8/1/19 8/1/19 8/1/19 8/1/19 8/1/19 8/1/19 8/1/19 8/1/19 8/1/20 8/1/20 8/1/20 8/1/20 10/1/20 8/1/21 8/1/21 8/1/21

1,340 6,000 850 600 1,000 650 13,590 9,750 6,000 3,800 8,185 2,500 5,150 6,000 5,000 7,500 3,250 6,000 4,650 25,315 13,030 7,650 12,165 15,000 8,000 15,000 20,155 7,225 5,830 5,000 5,000 20,000 1,880 33,525 4,500 4,375 6,350 11,985 2,000

1,542 6,041 910 675 1,153 767 14,028 10,065 6,194 3,923 8,449 2,598 5,351 6,422 5,352 8,028 3,479 6,422 4,977 27,096 13,947 8,237 13,129 16,595 8,850 16,595 22,297 7,993 6,450 5,532 5,532 22,776 2,141 38,178 5,125 5,007 6,350 14,013 2,338

Limited-Term Tax-Exempt Fund

Coupon

3

2

2

2

2 2

New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO VRDO New York City NY Health & Hospital Corp. Revenue (Health System) New York City NY Health & Hospital Corp. Revenue (Health System) New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Sustainable Neighborhood Revenue New York City NY Housing Development Corp. Sustainable Neighborhood Revenue New York City NY Housing Development Corp. Sustainable Neighborhood Revenue PUT New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue TOB VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue TOB VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue TOB VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Sales Tax Asset Receivable Corp. Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue TOB VRDO New York City NY Transitional Finance Authority Future Tax Revenue TOB VRDO New York City NY Trust for Cultural Resources Revenue (Museum of Modern Art) New York City NY Trust for Cultural Resources Revenue (The Juilliard School) PUT New York City NY Trust for Cultural Resources Revenue (Whitney Museum of American Art) New York Convention Center Development Corp. Revenue New York Convention Center Development Corp. Revenue

88

Maturity Date

Face Amount ($000)

Market Value• ($000)

4,000 6,100 5,890 17,280 10,000 14,640 4,275 1,470 4,000 40,930 10,000 14,790 18,500 7,000 8,150 3,000 2,555 2,115 24,965 2,390 10,010 3,500 13,095 17,105 20,000 4,300 4,760 13,500 5,750 4,000 4,180 3,000 5,000

4,677 7,132 6,887 20,204 11,692 17,532 5,119 1,760 4,790 49,015 12,215 18,066 18,491 7,000 8,248 3,470 2,555 2,115 24,971 2,392 10,012 3,731 13,119 17,136 20,042 4,737 5,396 13,474 5,762 3,984 4,203 3,141 5,525

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.030% 0.510% 5.000% 5.000% 0.750% 1.100% 1.200% 1.250% 1.250% 5.000% 1.500% 1.500% 1.650% 5.000% 5.000% 1.300% 1.375% 1.450% 5.000% 5.000% 5.000%

8/1/21 8/1/21 8/1/21 8/1/21 8/1/21 8/1/22 8/1/22 8/1/22 8/1/22 8/1/22 8/1/23 8/1/23 8/1/27 11/1/16 LOC 2/15/17 2/15/21 11/1/16 11/1/16 11/1/17 5/1/18 5/1/18 7/1/18 11/1/18 11/1/18 5/1/19 7/1/19 7/1/20 11/1/19 5/1/20 4/29/20 6/15/18 6/15/19 6/15/19

0.660%

11/7/16

7,700

7,700

0.730%

11/7/16

18,440

18,440

23,405 38,740 26,700 19,510 1,000 1,500 1,520 4,585 8,010 2,105 295 2,205 825 6,175 20,000 20,000 7,455 11,950 8,560 25,115 6,395 8,925 3,090 9,000 6,000 3,525 2,200 20,000 7,300 6,250 2,000 1,000

23,405 38,740 26,700 23,127 1,106 1,709 1,778 5,510 8,010 2,105 298 2,229 860 6,437 20,850 20,850 8,058 12,935 9,573 28,087 7,203 10,052 3,563 10,658 7,263 3,525 2,200 23,208 7,325 6,421 2,352 1,202

0.730% 0.500% 0.530% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.620% 0.670% 4.000% 1.350% 5.000% 5.000% 5.000%

11/7/16 11/1/16 11/1/16 10/15/21 7/15/19 7/15/20 7/15/21 7/15/22 11/1/16 11/1/16 (ETM) 2/1/17 (ETM) 2/1/17 11/1/17 (ETM) 11/1/17 11/1/17 11/1/17 11/1/18 11/15/18 11/1/19 11/1/19 2/1/20 2/1/20 11/1/20 11/1/21 11/1/22 11/1/16 11/7/16 2/1/23 8/1/17 7/1/17 11/15/21 11/15/22

Limited-Term Tax-Exempt Fund

3

3

3

3 3 3 3

2 3 3 3 3 3 3 3 3

3

2

New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New

York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York

Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT Metropolitan Transportation Authority Revenue (Transit Revenue) Metropolitan Transportation Authority Revenue (Transit Revenue) Metropolitan Transportation Authority Revenue (Transit Revenue) Metropolitan Transportation Authority Revenue (Transit Revenue) TOB VRDO Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue PUT Metropolitan Transportation Authority Revenue TOB VRDO State Dormitory Authority Revenue (Brooklyn Law School) State Dormitory Authority Revenue (Brooklyn Law School) State Dormitory Authority Revenue (Brooklyn Law School) State Dormitory Authority Revenue (Columbia University) State Dormitory Authority Revenue (Columbia University) State Dormitory Authority Revenue (Columbia University) State Dormitory Authority Revenue (Columbia University) State Dormitory Authority Revenue (Department of Health) State Dormitory Authority Revenue (Department of Health) State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai)

89

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

1.043% 5.000% 1.183% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 2.000% 2.000% 2.000% 4.000% 1.580% 5.000% 1.010% 1.000% 1.080% 1.210% 5.000% 5.000% 5.000% 0.740% 1.053% 1.203% 0.834% 0.703% 1.193% 0.990% 0.964% 0.653% 5.000% 1.210% 4.000% 0.780% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000%

11/1/16 11/15/16 11/1/17 11/15/17 11/15/17 11/15/17 11/15/18 11/15/18 11/15/18 11/15/18 11/15/18 11/15/18 11/15/18 11/15/18 11/15/18 11/15/19 11/15/19 11/15/19 11/15/19 11/15/19 11/15/19 11/15/19 11/15/20 11/15/20 11/15/20 11/15/21 11/15/21 11/15/21 11/15/21 11/15/22 11/15/22 11/15/22 11/15/23 11/15/24 3/1/17 6/1/17 6/1/17 6/1/17 11/1/19 11/15/20 6/1/17 11/1/18 11/1/19 11/1/19 11/15/17 11/15/18 11/15/19 11/7/16 11/1/16 11/1/16 5/15/17 11/1/17 11/1/17 11/15/17 5/15/18 11/1/19 2/15/20 6/1/20 11/15/20 11/7/16 7/1/17 7/1/18 7/1/19 10/1/19 10/1/20 10/1/21 10/1/22 7/1/22 7/1/23 7/1/20

3,495 6,000 2,950 5,000 7,000 12,500 1,500 2,000 1,255 4,055 2,650 1,500 2,500 4,775 1,000 1,000 1,100 9,535 8,930 4,725 2,530 5,000 1,560 5,000 2,400 1,230 5,000 1,750 1,500 2,250 16,145 1,000 1,000 2,775 15,000 5,000 19,065 67,725 9,300 4,600 19,850 2,000 2,750 21,000 2,500 4,000 3,500 13,955 12,500 15,000 17,500 7,280 8,760 49,600 20,750 5,215 59,000 87,500 11,000 12,970 2,360 2,105 2,180 4,275 1,125 1,540 1,500 8,500 6,555 5,000

3,495 6,010 2,954 5,218 7,306 13,046 1,622 2,163 1,357 4,386 2,866 1,622 2,704 5,165 1,082 1,115 1,226 10,628 9,954 5,267 2,820 5,648 1,785 5,720 2,746 1,440 5,856 2,049 1,757 2,693 19,322 1,197 1,219 3,340 15,067 5,035 19,202 69,006 9,388 5,300 19,823 2,001 2,750 21,048 2,609 4,326 3,901 13,955 12,500 15,000 17,499 7,276 8,769 49,547 20,764 5,178 65,914 87,398 12,126 12,970 2,411 2,249 2,408 4,774 1,296 1,825 1,824 10,128 7,952 5,452

(14)

LOC

(4)

(4)

(ETM) (ETM) (ETM)

Limited-Term Tax-Exempt Fund

Coupon New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) New York State Dormitory Authority Revenue (Mount Sinai School of Medicine of New York University) New York State Dormitory Authority Revenue (Mount Sinai School of Medicine of New York University) New York State Dormitory Authority Revenue (New York University Hospitals Center) New York State Dormitory Authority Revenue (North Shore - Long Island Jewish Obligated Group) New York State Dormitory Authority Revenue (North Shore - Long Island Jewish Obligated Group) New York State Dormitory Authority Revenue (North Shore - Long Island Jewish Obligated Group) New York State Dormitory Authority Revenue (Pace University) New York State Dormitory Authority Revenue (Pace University) New York State Dormitory Authority Revenue (Pace University) New York State Dormitory Authority Revenue (Pace University) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (Service Contract) New York State Dormitory Authority Revenue (State University Educational Facilities) New York State Dormitory Authority Revenue (State University Educational Facilities) New York State Dormitory Authority Revenue (Yeshiva University) New York State Dormitory Authority Revenue (Yeshiva University) New York State Dormitory Authority Revenue (Yeshiva University) New York State Dormitory Authority Revenue (Yeshiva University) New York State Dormitory Authority Sales Tax Revenue New York State Dormitory Authority Sales Tax Revenue New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds)

90

5.000% 5.000% 5.000% 5.000%

Maturity Date 7/1/21 7/1/22 8/15/17 8/15/17 (ETM)

Face Amount ($000)

Market Value• ($000)

2,265 4,000 6,185 55

2,607 4,702 6,392 57

5.000%

7/1/17

1,750

1,798

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/18 7/1/21 5/1/18 5/1/21 5/1/22 5/1/17 5/1/17 5/1/20 5/1/20 2/15/17 2/15/17 2/15/17 2/15/17 2/15/17 2/15/18 2/15/18 2/15/18 3/15/18 8/15/18 12/15/18 2/15/19 2/15/19 2/15/19 2/15/19 2/15/19 8/15/19 2/15/20 8/15/20 3/15/21 3/15/21 6/15/21 2/15/22 2/15/23 10/1/17 10/1/17 10/1/17 10/1/18 10/1/18 10/1/18 10/1/18 10/1/18 10/1/19 10/1/19 10/1/19 10/1/19 10/1/20 10/1/20 10/1/21 7/1/17 5/15/18 5/15/19 9/1/17 9/1/17 9/1/19 9/1/21 3/15/21 3/15/22

2,500 2,400 1,115 2,555 2,425 25 975 45 1,695 5 16,840 5 5 9,600 27,490 4,050 7,465 18,010 2,400 22,675 10,000 5 4,145 5 15 11,665 4,000 9,550 33,395 12,620 7,710 4,980 41,000 7,030 3,250 2,000 1,350 2,500 1,500 5,000 2,155 1,000 3,200 6,010 5,905 1,690 1,125 1,425 10,510 5,000 3,500 385 1,795 230 1,060 60,000 2,500

2,663 2,794 1,180 2,955 2,872 26 992 49 1,814 5 17,054 5 5 9,722 28,941 4,266 7,859 19,020 2,573 24,601 10,906 5 4,520 5 16 12,938 4,493 10,888 38,654 14,607 8,980 5,450 49,468 7,299 3,375 2,077 1,454 2,693 1,615 5,382 2,319 1,114 3,564 6,690 6,562 1,939 1,291 1,678 10,803 5,314 3,851 398 1,830 254 1,110 69,782 2,984

5.000%

6/15/18

4,900

5,232

5.000%

6/15/18

10,000

10,678

5.000%

6/15/19

3,700

4,094

(ETM) (ETM) (ETM) (ETM) (ETM)

(ETM)

(ETM) (Prere.) (Prere.)

(4) (4) (4) (4) (15) (4) (4) (15) (4) (15)

(ETM) (Prere.)

Limited-Term Tax-Exempt Fund

2

2,3 2 2

New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) New York State GO New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Affordable Housing Revenue New York State Housing Finance Agency Revenue New York State Housing Finance Agency Revenue New York State Housing Finance Agency Revenue New York State Local Government Assistance Corp. Revenue New York State Mortgage Agency Homeowner Mortgage Revenue New York State Thruway Authority Revenue New York State Thruway Authority Revenue New York State Thruway Authority Revenue New York State Thruway Authority Revenue New York State Thruway Authority Revenue New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) New York State Thruway Authority Revenue (Personal Income Tax) New York State Thruway Authority Revenue (Personal Income Tax) New York State Thruway Authority Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) TOB VRDO Niagara NY Frontier Transportation Authority Airport Revenue (Buffalo Niagara International Airport) Niagara NY Frontier Transportation Authority Airport Revenue (Buffalo Niagara International Airport) Niagara NY Frontier Transportation Authority Airport Revenue (Buffalo Niagara International Airport) North Syracuse NY Central School District BAN Nuveen New York AMT-Free Municipal Income Fund iMTP Nuveen New York AMT-Free Municipal Income Fund VRDP VRDO Nuveen New York AMT-Free Municipal Income Fund VRDP VRDO Onondaga County NY Civic Development Corp. Revenue (St. Joseph’s Hospital & Health Center) Oyster Bay NY BAN Oyster Bay NY GO Oyster Bay NY GO Oyster Bay NY GO Oyster Bay NY GO Oyster Bay NY GO Oyster Bay NY GO Oyster Bay NY GO Oyster Bay NY GO Oyster Bay NY GO Oyster Bay NY GO Suffolk County NY Economic Development Corp. Revenue (Catholic Health Services) Suffolk County NY Economic Development Corp. Revenue (Catholic Health Services) Suffolk County NY Economic Development Corp. Revenue (Catholic Health Services) Suffolk County NY Economic Development Corp. Revenue (Catholic Health Services) Suffolk County NY GO Suffolk County NY GO Suffolk County NY GO Suffolk County NY GO Suffolk County NY GO Suffolk County NY GO Tobacco Settlement Financing Corp. New York Revenue Tobacco Settlement Financing Corp. New York Revenue

91

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 1.150% 1.150% 1.150% 1.250% 1.250% 1.050% 1.100% 1.250% 5.000% 2.625% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.730%

6/15/20 3/1/19 5/1/18 5/1/18 5/1/18 5/1/18 5/1/18 5/1/19 11/1/19 5/1/20 4/1/18 4/1/41 1/1/19 5/1/19 1/1/20 1/1/21 1/1/22 4/1/17 4/1/18 3/15/18 3/15/18 3/15/19 1/1/17 12/15/16 3/15/18 3/15/19 3/15/20 3/15/20 3/15/20 3/15/21 3/15/21 3/15/21 3/15/22 3/15/22 11/7/16

3,000 12,715 4,150 3,900 1,250 2,500 4,750 850 1,000 7,500 6,325 585 3,700 83,125 1,500 2,450 1,500 18,145 3,500 625 8,440 500 10,095 20,000 20,000 8,030 10,145 8,525 23,430 24,900 10,625 50,035 45,795 25,000 10,115

3,427 13,928 4,152 3,904 1,251 2,505 4,759 847 994 7,465 6,696 596 4,015 91,228 1,681 2,828 1,776 18,477 3,706 660 8,913 547 10,172 20,108 21,121 8,783 11,424 9,600 26,383 28,821 12,298 57,915 54,261 29,622 10,115

5.000%

4/1/17

1,000

1,017

4.000%

4/1/18

500

521

5.000% 2.000% 1.250% 0.720% 0.780% 5.000% 2.750% 4.000% 3.250% 4.000% 4.000% 3.250% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

4/1/19 8/11/17 10/1/17 11/7/16 11/7/16 7/1/19 2/3/17 1/15/17 8/1/17 8/15/17 1/15/18 8/1/18 8/15/18 1/15/19 8/15/19 1/15/20 8/15/20 7/1/17 7/1/18 7/1/19 7/1/20 2/1/18 2/1/19 2/1/20 2/1/21 5/15/22 5/15/23 6/1/17 6/1/17

500 4,448 17,500 8,500 24,000 500 15,000 1,500 4,155 2,500 3,000 8,560 2,000 5,140 3,125 3,105 4,350 2,150 4,000 9,190 835 7,805 3,915 4,000 4,580 10,310 10,845 1,225 6,500

545 4,479 17,501 8,500 24,000 539 15,030 1,509 4,174 2,557 3,101 8,617 2,097 5,551 3,436 3,448 4,901 2,208 4,256 10,086 941 8,190 4,246 4,463 5,247 12,157 13,048 1,255 6,660

LOC LOC (ETM) (15) (15) (15) (15) (15) (15) (15) (15)

(4) (4) (4) (4) (4) (4)

Limited-Term Tax-Exempt Fund

3

3

3 3

Tobacco Settlement Financing Corp. New York Revenue Tobacco Settlement Financing Corp. New York Revenue Tobacco Settlement Financing Corp. New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue PUT Triborough Bridge & Tunnel Authority New York Revenue PUT Troy NY Capital Resource Corp. Revenue (Rensselaer Polytechnic Institute Project) Troy NY Capital Resource Corp. Revenue (Rensselaer Polytechnic Institute Project) Utility Debt Securitization Authority New York Revenue Westchester County NY Health Care Corp. Revenue Westchester County NY Health Care Corp. Revenue Westchester County NY Health Care Corp. Revenue Windsor Central School District BAN Yonkers NY GO Yonkers NY GO Yonkers NY GO Yonkers NY GO Yonkers NY GO Yonkers NY GO

Coupon

Maturity Date

5.000% 5.000% 5.000% 5.000% 0.980% 5.000% 5.000% 1.070% 5.000% 5.000% 5.000% 0.873% 0.753% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.500% 4.000% 3.000% 3.000% 4.000% 3.000% 3.000%

6/1/21 6/1/21 6/1/22 11/15/17 1/1/18 (4) 1/1/18 11/15/18 1/1/19 (4) 11/15/20 11/15/21 11/15/22 1/3/17 2/1/19 8/1/21 8/1/22 12/15/18 11/1/16 11/1/17 11/1/21 8/18/17 10/1/17 7/1/18 8/15/18 3/15/19 (4) 8/15/19 8/15/20

Face Amount ($000)

Market Value• ($000)

540 10,100 5,000 3,815 5,000 13,435 7,000 1,700 500 1,000 850 7,500 11,350 645 1,000 500 8,170 8,600 4,700 7,255 505 500 1,000 1,700 885 1,115

542 10,339 5,118 3,982 4,999 14,079 7,573 1,699 576 1,184 1,031 7,499 11,243 745 1,181 503 8,170 8,938 5,479 7,274 519 515 1,033 1,815 923 1,163 3,180,535

North Carolina (1.4%) Buncombe County NC Limited Obligation Revenue Buncombe County NC Limited Obligation Revenue Charlotte NC Water & Sewer System Revenue Charlotte NC Water & Sewer System Revenue 1 Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) 1 Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) Fayetteville NC Public Works Commission Revenue Guilford County NC GO Guilford County NC GO Mecklenburg County NC COP New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) North Carolina Capital Facilities Finance Agency Solid Waste Disposal Revenue (Republic Services, Inc. Project) PUT North Carolina Capital Improvement Revenue North Carolina Capital Improvement Revenue 2 North Carolina Capital Improvement Revenue TOB VRDO North Carolina Eastern Municipal Power Agency Power Systems Revenue North Carolina Eastern Municipal Power Agency Power Systems Revenue North Carolina Eastern Municipal Power Agency Power Systems Revenue North Carolina Eastern Municipal Power Agency Power Systems Revenue North Carolina Eastern Municipal Power Agency Power Systems Revenue North Carolina Eastern Municipal Power Agency Power Systems Revenue North Carolina Eastern Municipal Power Agency Power Systems Revenue North Carolina GAN North Carolina GAN PUT North Carolina GO North Carolina GO North Carolina Medical Care Commission Health Care Facilities Revenue (Cape Fear Valley Health System) North Carolina Medical Care Commission Health Care Facilities Revenue (Cape Fear Valley Health System) 2 North Carolina Medical Care Commission Health Care Facilities Revenue (Vidant Health) TOB VRDO 3 North Carolina Medical Care Commission Health Care Facilities Revenue (Wake Forest Baptist Obligated Group) PUT North Carolina Medical Care Commission Health Care Facilities Revenue (WakeMed) North Carolina Medical Care Commission Health Care Facilities Revenue (WakeMed) 2 North Carolina Medical Care Commission Hospital Revenue (Baptist Hospital) TOB VRDO

92

5.000% 5.000% 5.000% 5.000%

6/1/21 6/1/22 12/1/17 12/1/18

6,070 4,070 3,000 2,625

7,070 4,852 3,138 2,849

5.000%

1/15/22

4,250

5,004

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

1/15/24 3/1/17 8/1/17 3/1/18 10/1/21 10/1/19 10/1/21

14,315 5,000 5,000 3,340 4,000 1,000 3,200

17,412 5,073 5,161 3,526 4,689 1,106 3,716

0.700% 5.000% 5.000% 0.670% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000%

12/1/16 5/1/17 5/1/18 11/7/16 1/1/17 1/1/17 1/1/18 1/1/19 1/1/19 1/1/20 1/1/20 3/1/22 3/1/18 3/1/18 6/1/19

27,500 9,600 17,975 4,000 2,650 7,175 1,250 3,515 1,025 13,050 2,500 2,250 21,000 16,770 2,000

27,500 9,808 19,080 4,000 2,669 7,226 1,311 3,819 1,114 14,651 2,807 2,654 21,503 17,664 2,208

5.000%

10/1/19

3,350

3,687

5.000%

10/1/20

7,885

8,899

0.780%

11/7/16 LOC

15,375

15,375

1.370% 5.000% 5.000% 0.950%

12/1/17 10/1/17 10/1/18 11/7/16

2,210 2,000 3,000 6,300

2,204 2,073 3,219 6,300

(ETM) (ETM) (ETM) (ETM) (ETM) (ETM) (ETM)

Limited-Term Tax-Exempt Fund

1 1 1 1

1 1 1 1

North Carolina Medical Care Commission Hospital Revenue (Moses Cone Health System) PUT North Carolina Medical Care Commission Hospital Revenue (North Carolina Baptist Hospital) North Carolina Medical Care Commission Hospital Revenue (North Carolina Baptist Hospital) North Carolina Medical Care Commission Hospital Revenue (Southeastern Regional Medical Center) North Carolina Medical Care Commission Hospital Revenue (Southeastern Regional Medical Center) North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) Raleigh NC Combined Enterprise System Revenue Raleigh NC Combined Enterprise System Revenue Raleigh NC Combined Enterprise System Revenue Raleigh NC Combined Enterprise System Revenue Raleigh NC GO Raleigh NC GO Raleigh NC GO Wake County NC GO Wake County NC GO Wake County NC Public Improvement GO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

0.980% 5.000% 5.000%

5/30/17 6/1/17 6/1/19

12,740 6,500 3,910

12,740 6,655 4,281

4.000%

6/1/19

1,450

1,547

500 375 1,105 800 920 14,815 5,185 4,475 12,025 600 670 1,110 1,000 2,470 2,605 4,700 4,500 3,100 3,495

543 416 1,242 906 1,046 15,518 5,437 4,862 13,042 716 799 1,355 1,220 2,479 2,615 5,328 5,075 3,700 3,701

4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/1/20 10/1/21 10/1/22 10/1/23 10/1/24 1/1/18 1/1/18 (ETM) 1/1/19 (ETM) 1/1/19 3/1/22 3/1/22 3/1/23 3/1/23 12/1/16 12/1/16 4/1/20 2/1/20 2/1/22 4/1/18

338,590 North Dakota (0.0%) Burleigh County ND Health Care Revenue (St. Alexis Medical Center Project) Burleigh County ND Health Care Revenue (St. Alexis Medical Center Project) North Dakota Housing Finance Agency Revenue

5.000% 5.000% 4.000%

7/1/21 (ETM) 7/1/21 (Prere.) 1/1/38

650 1,200 5,345

757 1,405 5,695 7,857

Ohio (4.2%) Akron OH Bath & Copley Joint Township Hospital District Revenue (Children’s Hospital Medical Center of Akron) Akron OH Bath & Copley Joint Township Hospital District Revenue (Children’s Hospital Medical Center of Akron) Akron OH Income Tax Revenue (Community Learning Centers) Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) 2 Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) TOB VRDO American Municipal Power Ohio Inc. Revenue American Municipal Power Ohio Inc. Revenue American Municipal Power Ohio Inc. Revenue American Municipal Power Ohio Inc. Revenue American Municipal Power Ohio Inc. Revenue American Municipal Power Ohio Inc. Revenue American Municipal Power Ohio Inc. Revenue American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) American Municipal Power Ohio Inc. Revenue (Meldahl Hydroelectric Project) American Municipal Power Ohio Inc. Revenue (Meldahl Hydroelectric Project) American Municipal Power Ohio Inc. Revenue (Meldahl Hydroelectric Project) American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) PUT American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) PUT 2 American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) TOB VRDO Butler County OH Hospital Facilities Revenue (UC Health) Butler County OH Transportation Improvement District Tax Allocation Revenue Cleveland OH Airport System Revenue Cleveland OH Airport System Revenue Cleveland OH Airport System Revenue Cleveland OH Airport System Revenue Cleveland OH Airport System Revenue Cleveland OH Airport System Revenue Cleveland OH GO

93

5.000%

11/15/18

1,000

1,076

5.000% 5.000% 5.000% 0.760% 5.250% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.780% 5.500% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/15/25 12/1/20 5/1/23 11/7/16 2/15/18 2/15/20 2/15/21 2/15/22 2/15/23 2/15/23 2/15/24 2/15/18 2/15/19 2/15/20 2/15/17 2/15/21 2/15/22 2/15/23 2/15/22 2/15/23 2/15/24 2/15/26 8/15/19 8/15/20 11/7/16 11/1/22 12/1/20 1/1/20 1/1/21 1/1/22 1/1/22 1/1/23 1/1/24 12/1/20

3,450 1,220 2,450 7,500 2,570 7,000 16,265 12,000 21,220 160 12,385 1,480 1,500 2,145 6,000 300 400 500 470 375 370 3,000 17,625 16,310 9,315 3,415 700 1,500 455 450 1,635 1,000 3,150 1,800

4,003 1,400 2,874 7,500 2,715 7,855 18,745 14,113 23,626 169 13,777 1,556 1,632 2,407 6,073 346 470 600 553 450 450 3,596 19,154 18,153 9,315 3,944 777 1,657 519 524 1,902 1,181 3,776 2,066

(Prere.)

(12)

(4) (4) (4) (4) (4)

Limited-Term Tax-Exempt Fund

Coupon

2

2

Cleveland OH GO Cleveland OH GO Cleveland OH Income Tax Revenue Cleveland OH Income Tax Revenue Cleveland OH Income Tax Revenue Cleveland OH Income Tax Revenue Cleveland OH Water Revenue Cleveland OH Water Revenue Cleveland OH Water Revenue Cleveland OH Water Revenue Cleveland OH Water Works Revenue Cleveland State University Ohio General Receipts Revenue Cleveland-Cuyahoga County OH Port Authority Revenue (Cleveland Museum of Art Project) Cleveland-Cuyahoga County OH Port Authority Revenue (Euclid Avenue Development Corp. Project) Cleveland-Cuyahoga County OH Port Authority Revenue (Euclid Avenue Development Corp. Project) Cleveland-Cuyahoga County OH Port Authority Revenue (Euclid Avenue Development Corp. Project) Columbus OH GO Columbus OH GO Columbus OH GO Columbus OH GO Columbus OH GO Columbus OH GO Columbus OH GO Columbus OH GO Columbus OH GO Columbus OH GO Columbus OH GO Columbus OH GO Cuyahoga County OH (Convention Hotel Project) COP Cuyahoga County OH (Convention Hotel Project) COP Cuyahoga County OH (Convention Hotel Project) COP Cuyahoga County OH Economic Development Revenue (Med Mart/Convention Center Project) Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) Cuyahoga County OH Sales Tax Revenue Cuyahoga County OH Sales Tax Revenue Dayton OH City School District GO Dayton OH City School District GO Fairfield County OH Hospital Facilities Revenue (Fairfield Medical Center) Franklin County OH GO Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) PUT Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) TOB VRDO Greater Cleveland OH Regional Transit Authority Sales Tax Revenue Greater Cleveland OH Regional Transit Authority Sales Tax Revenue Greater Cleveland OH Regional Transit Authority Sales Tax Revenue Hamilton County OH Healthcare Facilities Revenue (Christ Hospital Project) Hamilton County OH Healthcare Facilities Revenue (Christ Hospital Project) Hamilton County OH Healthcare Revenue (Life Enriching Communities) Hamilton County OH Healthcare Revenue (Life Enriching Communities) Hamilton County OH Healthcare Revenue (Life Enriching Communities) Hamilton County OH Healthcare Revenue (Life Enriching Communities) Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) Hamilton County OH Hospital Facilities Revenue (UC Health) Hamilton County OH Hospital Facilities Revenue (UC Health) Hamilton County OH Hospital Facilities Revenue (UC Health) Hamilton County OH Hospital Facilities Revenue (UC Health) Hamilton County OH Hospital Facilities Revenue (UC Health) TOB VRDO Hamilton County OH Sales Tax Revenue Hamilton County OH Sales Tax Revenue Hamilton County OH Sewer System Revenue Hamilton County OH Sewer System Revenue

94

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

Maturity Date 12/1/21 12/1/22 5/15/17 (ETM) 5/15/17 4/1/18 (Prere.) 5/15/22 1/1/18 1/1/19 1/1/20 1/1/21 1/1/18 6/1/19 10/1/19

Face Amount ($000)

Market Value• ($000)

2,880 3,595 465 725 7,180 1,500 1,780 3,100 1,500 1,000 1,000 2,000 6,000

3,378 4,321 476 741 7,600 1,766 1,866 3,366 1,682 1,155 1,046 2,198 6,651

5.000%

8/1/18

960

1,023

5.000%

8/1/19

1,390

1,530

1,475 7,510 7,245 5,740 8,000 7,280 4,500 1,910 3,000 6,690 1,905 1,000 1,815 5,340 5,575 4,075 7,000 1,045 1,000 500 2,045 1,000 3,500 5,000 1,045 5,045 7,500 6,830 1,185 1,355 1,590 1,475 4,665 450 470 500 680 785 750 1,000 1,000 1,000 500 525 750 800 500 11,395 1,000 2,250 3,605 2,085

1,735 7,700 7,454 5,905 8,523 7,780 4,809 2,086 3,310 7,402 2,150 1,205 2,233 5,945 6,377 4,776 7,800 1,220 1,191 606 2,364 1,183 3,897 5,726 1,164 5,468 7,713 6,830 1,327 1,602 1,924 1,659 5,506 484 532 573 786 799 795 1,096 1,131 1,164 593 543 809 887 579 11,395 1,176 2,703 4,153 2,465

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.750% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 0.750% 5.000% 5.000% 5.000% 5.000%

8/1/22 6/1/17 7/1/17 7/1/17 6/1/18 7/1/18 7/1/18 2/15/19 6/1/19 7/1/19 2/15/20 7/1/22 7/1/23 12/1/19 12/1/20 12/1/21 12/1/19 12/1/21 12/1/22 12/1/24 12/1/20 12/1/21 11/1/19 11/1/20 6/15/21 12/1/19 7/12/17 11/7/16 12/1/19 12/1/21 12/1/22 6/1/20 6/1/22 1/1/21 1/1/22 1/1/23 1/1/24 5/15/17 5/15/18 5/15/19 5/15/20 5/15/21 5/15/22 2/1/18 2/1/19 2/1/20 2/1/22 11/7/16 LOC 12/1/21 12/1/22 12/1/20 12/1/21

Limited-Term Tax-Exempt Fund

2

2 2 2

2

2 1

1

1

Hamilton OH City School District GO JobsOhio Beverage System Statewide Liquor Profits Revenue JobsOhio Beverage System Statewide Liquor Profits Revenue JobsOhio Beverage System Statewide Liquor Profits Revenue JobsOhio Beverage System Statewide Liquor Profits Revenue JobsOhio Beverage System Statewide Liquor Profits Revenue TOB VRDO Kent State University Ohio Revenue Kent State University Ohio Revenue Kent State University Ohio Revenue Kent State University Ohio Revenue Kent State University Ohio Revenue Kent State University Ohio Revenue Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) Lorain County OH Hospital Facilities Revenue (Catholic Healthcare Partners) TOB VRDO Lorain County OH Hospital Facilities Revenue (Catholic Healthcare Partners) TOB VRDO Lorain County OH Hospital Facilities Revenue (Catholic Healthcare Partners) TOB VRDO Medina OH School District COP Montgomery County OH Revenue (Catholic Health Initiatives) TOB VRDO Montgomery County OH Revenue (Miami Valley Hospital) Montgomery County OH Revenue (Miami Valley Hospital) TOB VRDO Newark OH BAN Ohio Air Quality Development Authority Pollution Control Revenue (FirstEnergy Generation Corp. Project) PUT Ohio Building Authority Revenue (Administration Building Fund) Ohio Building Authority Revenue (Highway Safety Building) Ohio Building Authority Revenue (Highway Safety Building) Ohio Building Authority Revenue (Highway Safety Building) Ohio Capital Facilities Lease-Appropriation Revenue (Administrative Building Fund Projects) Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) Ohio Capital Facilities Lease-Appropriation Revenue (Cultural & Sports Facilities Building Fund Projects) Ohio Capital Facilities Lease-Appropriation Revenue (Cultural & Sports Facilities Building Fund Projects) Ohio Capital Facilities Lease-Appropriation Revenue (Cultural & Sports Facilities Building Fund Projects) Ohio Capital Facilities Lease-Appropriation Revenue (Mental Health Facilities Improvement Fund Projects) Ohio Capital Facilities Lease-Appropriation Revenue (Mental Health Facilities Improvement Fund Projects) Ohio Capital Facilities Lease-Appropriation Revenue (Mental Health Facilities Improvement Fund Projects) Ohio Capital Facilities Lease-Appropriation Revenue (Parks & Recreation Improvement Fund Projects) Ohio Common Schools GO Ohio Common Schools GO Ohio Common Schools GO Ohio Common Schools GO Ohio GO Ohio GO Ohio GO Ohio GO Ohio GO Ohio GO Ohio GO Ohio GO Ohio GO Ohio GO Ohio Higher Educational Facility Commission Revenue (Case Western Reserve University Project) Ohio Higher Educational Facility Commission Revenue (Case Western Reserve University Project)

95

Coupon

Maturity Date

5.000% 5.000% 5.000% 5.000% 5.000% 0.840% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 0.870% 0.880% 0.880% 5.250% 0.810% 5.750% 0.780% 2.000%

12/1/21 1/1/18 1/1/20 1/1/21 1/1/23 11/7/16 5/1/17 5/1/20 5/1/20 5/1/21 5/1/22 5/1/23 8/15/20 8/15/21 8/15/22 11/7/16 11/7/16 (4) 11/7/16 6/1/18 (Prere.) 11/7/16 11/15/21 11/7/16 11/7/17

Face Amount ($000)

Market Value• ($000)

3,475 1,040 14,225 2,260 1,725 41,700 500 2,030 1,650 1,685 3,000 3,000 1,230 750 1,575 10,500 8,865 13,130 7,210 3,995 3,750 3,500 2,050

4,085 1,088 15,909 2,595 2,064 41,700 511 2,297 1,865 1,956 3,397 3,445 1,386 862 1,847 10,500 8,865 13,130 7,709 3,995 4,387 3,500 2,065

3.100% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

3/1/19 10/1/18 10/1/17 10/1/17 10/1/20 4/1/19 10/1/20 10/1/21 10/1/21 10/1/21 10/1/22 10/1/22 10/1/22 10/1/23

3,000 1,750 1,040 2,670 1,265 1,395 500 1,000 465 1,000 550 875 1,000 750

2,744 1,883 1,080 2,773 1,450 1,526 552 1,175 545 1,173 662 1,048 1,199 899

5.000%

10/1/21

1,360

1,598

5.000%

10/1/22

1,000

1,204

5.000%

10/1/23

1,200

1,468

5.000%

6/1/21

1,000

1,165

5.000%

6/1/22

1,000

1,194

5.000%

6/1/23

1,000

1,214

1,000 3,910 4,410 5,920 11,315 19,680 10,960 10,000 5,000 5,000 6,680 5,000 7,000 26,315 2,645

1,219 4,355 5,205 6,982 13,934 20,418 11,642 10,767 5,384 5,499 7,347 5,569 7,949 30,206 3,089

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

8/1/23 9/15/19 9/15/21 (Prere.) 9/15/21 9/15/23 9/15/17 5/1/18 9/15/18 9/15/18 5/1/19 5/1/19 9/15/19 5/1/20 9/15/20 5/1/21

5.000%

12/1/22

4,540

5,433

5.000%

12/1/23

2,500

3,036

Limited-Term Tax-Exempt Fund

2 2

2

Ohio Higher Educational Facility Commission Revenue (Cleveland Clinic Health System Obligated Group) VRDO Ohio Higher Educational Facility Commission Revenue (University of Dayton Project) Ohio Higher Educational Facility Commission Revenue (Xavier University Project) Ohio Higher Educational Facility Commission Revenue (Xavier University Project) Ohio Higher Educational Facility Commission Revenue (Xavier University Project) Ohio Highway Capital Improvements GO Ohio Highway Capital Improvements GO Ohio Highway Capital Improvements GO Ohio Hospital Revenue (Cleveland Clinic Health System Obligated Group) TOB VRDO Ohio Hospital Revenue (Cleveland Clinic Health System Obligated Group) TOB VRDO Ohio Hospital Revenue (University Hospitals Health System Inc.) Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO Ohio Infrastructure Improvement GO Ohio Major New State Infrastructure Project Revenue Ohio Major New State Infrastructure Project Revenue Ohio Major New State Infrastructure Project Revenue Ohio Major New State Infrastructure Project Revenue Ohio Major New State Infrastructure Project Revenue Ohio Major New State Infrastructure Project Revenue Ohio Major New State Infrastructure Project Revenue Ohio Major New State Infrastructure Project Revenue Ohio Major New State Infrastructure Project Revenue Ohio Major New State Infrastructure Project Revenue Ohio Major New State Infrastructure Project Revenue Ohio Major New State Infrastructure Project Revenue Ohio Public Facilities Commission GO Ohio Public Facilities Commission GO Ohio Public Facilities Commission GO Ohio State University General Receipts Revenue Ohio State University General Receipts Revenue Ohio State University General Receipts Revenue Ohio State University General Receipts Revenue Ohio State University General Receipts Revenue Ohio Turnpike Commission Turnpike Revenue Ohio Water Development Authority Drinking Water Assistance Fund Revenue Ohio Water Development Authority Drinking Water Assistance Fund Revenue Ohio Water Development Authority Fresh Water Revenue TOB VRDO Ohio Water Development Authority Pollution Control Revenue (FirstEnergy Generation Corp. Project) Ohio Water Development Authority Pollution Control Revenue (Water Quality) Ohio Water Development Authority Pollution Control Revenue (Water Quality) Ohio Water Development Authority Pollution Control Revenue (Water Quality) Ohio Water Development Authority Pollution Control Revenue (Water Quality) Ohio Water Development Authority Pollution Control Revenue (Water Quality) Ohio Water Development Authority Pollution Control Revenue (Water Quality) Ohio Water Development Authority Pollution Control Revenue (Water Quality) Ohio Water Development Authority Pollution Control Revenue (Water Quality) Ohio Water Development Authority Water Pollution Control Loan Fund Revenue Ohio Water Development Authority Water Pollution Control Loan Fund Revenue Ohio Water Development Authority Water Pollution Control Loan Fund Revenue Ohio Water Development Authority Water Pollution Control Loan Fund Revenue Ohio Water Development Authority Water Pollution Control Loan Fund Revenue Ohio Water Development Authority Water Pollution Control Loan Fund Revenue Ohio Water Development Authority Water Pollution Control Loan Fund Revenue Ohio Water Development Authority Water Pollution Control Loan Fund Revenue Ohio Water Development Authority Water Pollution Control Loan Fund Revenue Ohio Water Development Authority Water Pollution Control Loan Fund Revenue Ohio Water Development Authority Water Pollution Control Loan Fund Revenue Penta Career Center Ohio COP Penta Career Center Ohio COP Princeton OH City School District GO Princeton OH City School District GO Princeton OH City School District GO Princeton OH City School District GO Ross County OH Hospital Facilities Revenue (Adena Health System) Ross County OH Hospital Facilities Revenue (Adena Health System) Sandusky OH BAN

96

Coupon

Maturity Date

0.470% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.660% 0.660% 5.000% 0.760% 0.760% 0.760% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 0.730%

11/1/16 12/1/16 5/1/19 5/1/20 5/1/22 5/1/20 5/1/21 5/1/22 11/7/16 11/7/16 1/15/19 11/1/16 11/7/16 11/7/16 8/1/18 12/15/17 12/15/17 12/15/18 12/15/19 12/15/19 12/15/19 12/15/19 12/15/20 12/15/20 12/15/21 12/15/21 12/15/22 2/1/21 4/1/21 2/1/22 12/1/16 12/1/16 12/1/17 12/1/17 12/1/19 2/15/18 6/1/17 12/1/22 11/7/16

3.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.375% 5.750% 2.000%

5/15/19 12/1/18 12/1/19 6/1/20 6/1/20 12/1/20 12/1/20 6/1/21 12/1/21 12/1/17 6/1/19 12/1/19 6/1/20 12/1/20 6/1/21 12/1/21 6/1/22 6/1/22 12/1/22 6/1/23 4/1/19 4/1/20 12/1/21 12/1/22 12/1/23 12/1/25 12/1/19 12/1/22 10/5/17

(Prere.)

(ETM) (ETM)

(14)

Face Amount ($000)

Market Value• ($000)

4,800 4,500 625 1,350 500 5,000 2,500 5,000 10,995 2,850 1,595 5,250 4,250 2,750 3,450 1,500 8,635 2,750 2,450 6,160 2,500 3,000 2,750 3,500 4,000 2,500 5,000 1,390 2,280 1,460 355 3,160 280 4,720 1,440 3,625 4,500 1,520 17,665

4,800 4,516 683 1,512 580 5,678 2,920 5,978 10,995 2,850 1,722 5,250 4,250 2,750 3,695 1,571 9,041 2,926 2,667 6,894 2,798 3,357 3,160 4,022 4,711 2,944 6,024 1,612 2,656 1,734 356 3,172 293 4,935 1,562 3,842 4,615 1,850 17,665

24,000 1,105 1,925 6,610 10,205 4,000 7,500 12,250 4,050 1,000 1,695 5,490 2,225 1,750 1,350 1,300 3,000 1,505 2,850 6,000 2,470 1,095 1,200 700 1,350 795 1,560 4,750 1,500

21,596 1,199 2,159 7,525 11,618 4,618 8,659 14,341 4,800 1,046 1,870 6,165 2,533 2,020 1,580 1,541 3,600 1,846 3,462 7,342 2,679 1,218 1,352 844 1,651 979 1,680 5,180 1,512

Limited-Term Tax-Exempt Fund

Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) South-Western City OH School District GO South-Western City OH School District GO Southeastern Ohio Port Authority Hospital Facilities Revenue (Marietta Area Health Care Inc. Obligated Group) Toledo OH City School District GO Toledo OH City School District GO University of Cincinnati Ohio General Receipts Revenue University of Toledo Ohio General Receipts Revenue University of Toledo Ohio General Receipts Revenue Warren County OH Health Care Facilities Improvement Revenue (Otterbein Homes Project) Warren County OH Health Care Facilities Improvement Revenue (Otterbein Homes Project) Warren County OH Health Care Facilities Improvement Revenue (Otterbein Homes Project)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/15/19 2/15/20 2/15/21 2/15/22 12/1/21 12/1/23

630 1,135 650 1,100 1,000 1,000

683 1,266 743 1,286 1,180 1,229

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

12/1/22 12/1/18 12/1/19 6/1/18 6/1/17 6/1/19 7/1/19 7/1/20 7/1/21

735 3,055 2,220 1,585 1,855 2,805 1,750 2,550 2,495

814 3,306 2,481 1,687 1,899 3,064 1,916 2,871 2,879 1,007,235

Oklahoma (0.2%) Cleveland County OK Educational Facilities Authority Lease Revenue (Norman Public Schools Project) Cleveland County OK Educational Facilities Authority Lease Revenue (Norman Public Schools Project) Cleveland County OK Educational Facilities Authority Lease Revenue (Norman Public Schools Project) Comanche County OK Hospital Authority Revenue 1 Grand River Dam Authority Oklahoma Revenue 1 Grand River Dam Authority Oklahoma Revenue 1 Grand River Dam Authority Oklahoma Revenue 1 Norman OK Regional Hospital Authority Revenue 1 Norman OK Regional Hospital Authority Revenue 1 Norman OK Regional Hospital Authority Revenue Oklahoma Capitol Improvement Authority Facilities Revenue Oklahoma City OK Water Utilities Trust Water & Sewer Revenue Oklahoma Development Finance Authority Health System Revenue (Integris Health Obligated Group) Oklahoma Development Finance Authority Health System Revenue (Integris Health Obligated Group) Oklahoma Development Finance Authority Health System Revenue (Integris Health Obligated Group) Oklahoma Development Finance Authority Health System Revenue (Integris Health Obligated Group) Oklahoma Development Finance Authority Health System Revenue (Integris Health Obligated Group) Tulsa County OK Industrial Authority Educational Facilities Lease Revenue Tulsa County OK Industrial Authority Educational Facilities Lease Revenue

5.000%

7/1/17

760

781

5.000%

7/1/18

1,325

1,410

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/19 7/1/19 6/1/21 6/1/22 6/1/23 9/1/21 9/1/22 9/1/23 7/1/21 7/1/18

2,250 3,145 5,000 1,500 3,385 2,135 2,375 5,040 1,000 1,000

2,473 3,339 5,808 1,783 4,098 2,443 2,763 5,931 1,164 1,068

5.000%

8/15/18

1,000

1,073

5.000%

8/15/19

2,000

2,218

5.000%

8/15/20

1,310

1,494

5.000%

8/15/21

2,000

2,341

5.000% 5.000% 5.000%

8/15/22 9/1/21 9/1/22

1,325 1,440 2,000

1,583 1,671 2,371 45,812

Oregon (0.6%) Forest Grove OR Campus Improvement Revenue (Pacific University Project) Forest Grove OR Campus Improvement Revenue (Pacific University Project) Forest Grove OR Campus Improvement Revenue (Pacific University Project) Forest Grove OR Campus Improvement Revenue (Pacific University Project) Gilliam County OR Solid Waste Disposal Revenue (Waste Management Inc. Project) PUT Oregon Department of Administrative Services Lottery Revenue Oregon Department of Administrative Services Lottery Revenue Oregon Facilities Authority Revenue (Legacy Health Project) Oregon Facilities Authority Revenue (Legacy Health Project) 1 Oregon Facilities Authority Revenue (Legacy Health Project) 1 Oregon Facilities Authority Revenue (Legacy Health Project) Oregon Facilities Authority Revenue (PeaceHealth) Oregon Facilities Authority Revenue (PeaceHealth) Oregon Facilities Authority Revenue (PeaceHealth) 3 Oregon Facilities Authority Revenue (Providence Health & Services) PUT 3 Oregon Facilities Authority Revenue (Providence Health & Services) PUT Oregon GO Oregon Housing & Community Service Department Single Family Mortgage Revenue Portland OR Sewer System Revenue Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue

97

4.000% 4.000% 4.000% 5.000% 1.500% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.510% 1.630% 5.000% 4.000% 5.000% 4.000% 5.000%

5/1/19 5/1/20 5/1/21 5/1/22 10/1/18 4/1/17 4/1/21 5/1/17 5/1/18 6/1/22 6/1/23 11/1/16 11/15/19 11/15/20 10/1/17 9/15/18 8/1/18 7/1/44 6/15/22 11/1/17 10/1/18

410 500 350 350 3,000 2,000 7,000 3,090 3,500 750 650 2,000 1,000 1,275 8,750 10,000 3,215 3,910 59,960 7,380 3,000

435 540 383 407 3,020 2,028 8,159 3,153 3,705 885 779 2,000 1,114 1,462 8,750 10,002 3,447 4,120 72,052 7,503 3,219

Limited-Term Tax-Exempt Fund

Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

3.000% 5.000%

11/1/18 11/1/18

4,250 5,000

4,295 5,104 146,562

Pennsylvania (5.2%) Allegheny County PA GO Allegheny County PA GO Allegheny County PA GO Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) 2,3 Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) TOB PUT 2,3 Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) TOB PUT 2 Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) TOB VRDO Allegheny County PA Port Authority Revenue Allegheny County PA Sanitary Authority Sewer Revenue Allegheny County PA Sanitary Authority Sewer Revenue Allegheny County PA Sanitary Authority Sewer Revenue Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue Beaver County PA Hospital Authority Revenue (Heritage Valley Health System Inc.) Beaver County PA Industrial Development Authority Pollution Control Revenue (FirstEnergy Generation Project) PUT Beaver County PA Industrial Development Authority Pollution Control Revenue (FirstEnergy Generation Project) PUT Bethel Park PA School District GO Bethel Park PA School District GO 3 Bethlehem PA Area School District Authority Revenue PUT Bethlehem PA Water Authority Revenue Bethlehem PA Water Authority Revenue Bethlehem PA Water Authority Revenue Bethlehem PA Water Authority Revenue Bucks County PA GO Bucks County PA GO Bucks County PA GO Bucks County PA GO Bucks County PA Water & Sewer Authority Water System Revenue Bucks County PA Water & Sewer Authority Water System Revenue Bucks County PA Water & Sewer Authority Water System Revenue Butler County PA Hospital Authority Revenue (Butler Health System Project) Butler County PA Hospital Authority Revenue (Butler Health System Project) Butler County PA Hospital Authority Revenue (Butler Health System Project) Butler County PA Hospital Authority Revenue (Butler Health System Project) Butler County PA Hospital Authority Revenue (Butler Health System Project) Butler County PA Hospital Authority Revenue (Butler Health System Project) Butler County PA Hospital Authority Revenue (Butler Health System Project) Clarion County PA Industrial Development Authority Revenue (Clarion University Foundation Inc. Student Housing Project) Clarion County PA Industrial Development Authority Revenue (Clarion University Foundation Inc. Student Housing Project) Clarion County PA Industrial Development Authority Revenue (Clarion University Foundation Inc. Student Housing Project) Clarion County PA Industrial Development Authority Revenue (Clarion University Foundation Inc. Student Housing Project) Commonwealth Financing Authority Pennsylvania Revenue Commonwealth Financing Authority Pennsylvania Revenue Delaware County PA Authority Hospital Revenue (Crozer-Keystone Obligated Group) Delaware County PA Authority Hospital Revenue (Crozer-Keystone Obligated Group) Delaware County PA Authority University Revenue (Villanova University) Delaware County PA Authority University Revenue (Villanova University) Delaware County PA Authority University Revenue (Villanova University) Delaware County PA Authority University Revenue (Villanova University) Delaware County PA Authority University Revenue (Villanova University)

98

4.000% 5.000% 5.000%

12/1/16 12/1/18 12/1/19

17,830 7,000 5,250

17,880 7,572 5,862

5.000%

5/15/17

23,040

23,563

5.000%

10/15/17

1,000

1,039

5.000%

10/15/18

1,000

1,076

1.227%

2/1/21

7,190

7,182

0.830%

12/1/16 LOC

10,000

10,000

0.830%

1/3/17 LOC

10,250

10,250

0.620% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/16 LOC 3/1/17 6/1/18 (4) 12/1/18 (4) 12/1/20 5/1/25 5/15/18

32,100 2,500 3,000 3,685 2,500 2,500 1,010

32,100 2,534 3,187 3,984 2,858 2,802 1,070

2.500%

6/1/17

17,250

17,000

2.700% 5.000% 5.000% 0.800% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 3.000% 3.000% 3.000% 4.000% 4.000% 5.000% 5.000%

4/2/18 8/1/22 8/1/23 1/1/18 11/15/17 11/15/18 11/15/19 11/15/20 5/1/20 5/1/21 5/1/22 5/1/23 6/1/21 6/1/22 6/1/23 7/1/17 7/1/18 7/1/19 7/1/20 7/1/21 7/1/22 7/1/23

8,250 500 700 3,995 650 500 1,165 1,000 2,175 3,060 1,255 1,000 4,500 605 500 1,650 300 1,460 525 575 1,150 1,410

7,801 596 851 3,988 676 537 1,287 1,131 2,467 3,568 1,498 1,218 5,192 682 570 1,672 309 1,519 570 634 1,340 1,667

5.000%

7/1/20

1,015

1,113

5.000%

7/1/21

1,070

1,194

5.000%

7/1/22

1,120

1,266

1,180 670 500 3,510 1,175 300 240 600 500 700

1,346 709 548 3,528 1,181 321 266 664 570 820

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

(15) (15) (15) (15)

(15) (15) (15)

7/1/23 6/1/18 6/1/19 12/15/16 (ETM) 12/15/16 (ETM) 8/1/18 8/1/19 8/1/19 8/1/20 8/1/21

Limited-Term Tax-Exempt Fund

Coupon

3

3 1

3 3

3

Delaware County PA Authority University Revenue (Villanova University) Delaware County PA Authority University Revenue (Villanova University) Delaware County PA Authority University Revenue (Villanova University) Delaware County PA Authority University Revenue (Villanova University) Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue Delaware River Port Authority Pennsylvania & New Jersey Revenue Delaware River Port Authority Pennsylvania & New Jersey Revenue Delaware River Port Authority Pennsylvania & New Jersey Revenue Delaware River Port Authority Pennsylvania & New Jersey Revenue Delaware River Port Authority Pennsylvania & New Jersey Revenue Hempfield PA School District GO PUT Jackson PA Authority for Industrial Development Revenue (StoneRidge Retirement Living) VRDO Lancaster County PA Hospital Authority Health System Revenue (University of Pennsylvania Health System) Lancaster County PA Solid Waste Management Authority Solid Waste Disposal System Revenue Lancaster County PA Solid Waste Management Authority Solid Waste Disposal System Revenue Manheim Township PA School District GO PUT Monroe County PA Hospital Authority Revenue (Pocono Medical Center) Monroeville PA Finance Authority Revenue (UPMC Health System) Monroeville PA Finance Authority Revenue (UPMC Health System) Monroeville PA Finance Authority Revenue (UPMC Health System) Montgomery County PA GO Montgomery County PA GO Montgomery County PA Higher Education & Health Authority Hospital Revenue (Abington Memorial Hospital) Montgomery County PA Higher Education & Health Authority Hospital Revenue (Abington Memorial Hospital) Montgomery County PA Higher Education & Health Authority Hospital Revenue (Abington Memorial Hospital) Montgomery County PA Higher Education & Health Authority Revenue (Arcadia University) Montgomery County PA Higher Education & Health Authority Revenue (Arcadia University) Montgomery County PA Higher Education & Health Authority Revenue (Arcadia University) Montgomery County PA Higher Education & Health Authority Revenue (Arcadia University) Montgomery County PA Higher Education & Health Authority Revenue (Arcadia University) Montgomery County PA Higher Education & Health Authority Revenue (Holy Redeemer Health System) Montgomery County PA Higher Education & Health Authority Revenue (Holy Redeemer Health System) Montgomery County PA Higher Education & Health Authority Revenue (Holy Redeemer Health System) Montgomery County PA Higher Education & Health Authority Revenue (Holy Redeemer Health System) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Pollution Control Revenue (Exelon Generation Co., LLC) PUT Montgomery County PA Industrial Development Authority Pollution Control Revenue (Exelon Generation Co., LLC) PUT Moon Industrial Development Authority Pennsylvania Revenue (Baptist Home Society Obligated Group) North Penn PA Water Authority Revenue North Penn PA Water Authority Revenue PUT Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) PUT Northampton County PA General Purpose Authority University Revenue (Lafayette College) VRDO

99

5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.903% 0.650%

Maturity Date 12/1/21 8/1/22 12/1/22 12/1/23 7/1/19 (14) 7/1/20 7/1/21 7/1/22 1/1/17 1/1/18 1/1/19 1/1/20 1/1/22 8/1/19 11/7/16 LOC

Face Amount ($000)

Market Value• ($000)

400 400 400 750 1,300 385 340 275 1,065 1,230 1,745 7,320 1,135 5,690 10,000

473 480 484 925 1,450 437 396 328 1,073 1,282 1,880 8,045 1,276 5,647 10,000

5.000% 5.000% 5.000% 0.759% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000%

8/15/22 12/15/18 12/15/20 5/1/18 7/1/21 2/15/17 2/15/18 2/15/19 4/1/21 4/1/23

2,750 1,625 2,850 6,850 700 750 1,250 1,000 1,975 2,395

3,298 1,760 3,265 6,777 799 757 1,299 1,088 2,295 2,906

5.000%

6/1/18

1,000

1,060

5.000%

6/1/19

3,300

3,609

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/1/20 4/1/17 4/1/18 4/1/19 4/1/20 4/1/21

6,410 1,395 1,460 1,535 1,515 1,550

7,210 1,416 1,527 1,645 1,658 1,728

4.000%

10/1/19

500

533

5.000%

10/1/20

1,265

1,417

5.000%

10/1/21

1,320

1,510

5.000%

10/1/22

1,380

1,607

5.000%

1/15/17

1,250

1,260

5.000%

1/15/20

1,200

1,313

5.000%

1/15/21

2,175

2,423

5.000%

1/15/22

4,000

4,528

2.500%

4/1/20

8,000

8,061

2.500%

4/1/20

5,000

5,038

5.000% 0.763% 0.853%

7/1/20 11/1/19 11/1/19

1,375 1,000 2,500

1,440 991 2,485

5.000%

8/15/21

1,500

1,729

5.000%

8/15/22

3,885

4,546

5.000%

8/15/23

2,185

2,595

2.030% 0.650%

8/15/20 11/7/16

8,125 900

8,133 900

Limited-Term Tax-Exempt Fund

Northeastern Pennsylvania Hospital & Educational Authority Revenue (Wilkes University Project) Northeastern Pennsylvania Hospital & Educational Authority Revenue (Wilkes University Project) Pennsbury PA School District GO Pennsbury PA School District GO Pennsylvania Economic Development Financing Authority Health System Revenue (Albert Einstein Healthcare Network) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania Economic Development Financing Authority Solid Waste Disposal Revenue (Republic Services Inc. Project) PUT Pennsylvania Economic Development Financing Authority Solid Waste Disposal Revenue (Waste Management Inc. Project) PUT Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania Higher Education Assistance Agency Revenue Pennsylvania Higher Education Assistance Agency Revenue Pennsylvania Higher Education Assistance Agency Revenue Pennsylvania Higher Educational Facilities Authority Revenue (AICUP Financing Program - Delaware Valley College Project) Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) Pennsylvania Higher Educational Facilities Authority Revenue (La Salle University) Pennsylvania Higher Educational Facilities Authority Revenue (La Salle University) Pennsylvania Higher Educational Facilities Authority Revenue (St. Joseph’s University) Pennsylvania Higher Educational Facilities Authority Revenue (St. Joseph’s University) Pennsylvania Higher Educational Facilities Authority Revenue (Trustees of the University of Pennsylvania) Pennsylvania Higher Educational Facilities Authority Revenue (Trustees of the University of Pennsylvania) Pennsylvania Higher Educational Facilities Authority Revenue (Trustees of the University of Pennsylvania) Pennsylvania Higher Educational Facilities Authority Revenue (Trustees of the University of Pennsylvania) Pennsylvania Higher Educational Facilities Authority Revenue (Trustees of the University of Pennsylvania) Pennsylvania Higher Educational Facilities Authority Revenue (University of Pennsylvania Health System) Pennsylvania Higher Educational Facilities Authority Revenue (University of Pennsylvania Health System) Pennsylvania Higher Educational Facilities Authority Revenue (University of Pennsylvania Health System) Pennsylvania Higher Educational Facilities Authority Revenue (University of Pennsylvania Health System) Pennsylvania Higher Educational Facilities Authority Revenue (University of Pennsylvania Health System) Pennsylvania Higher Educational Facilities Authority Revenue (University of Pennsylvania Health System)

100

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000%

3/1/22 3/1/23 1/15/21 1/15/22

925 985 1,250 1,000

1,060 1,148 1,439 1,179

8,980 1,650 2,250 2,775

10,099 1,798 2,594 3,276

6.250% 4.000% 5.000% 5.000%

10/15/19 (Prere.) 2/1/20 2/1/21 2/1/22

1.000%

1/3/17

2,360

2,360

1.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000%

5/1/18 7/1/18 7/1/21 11/1/16 6/1/17 7/1/17 7/15/17 10/15/17 10/15/18 4/1/19 5/1/19 6/1/19 7/1/19 7/1/19 3/15/20 4/1/20 6/15/20 7/1/20 10/15/20 8/1/22 6/1/23 7/1/23 9/15/23 9/15/25 (4) 12/15/17 12/15/18 12/15/19

3,000 27,000 19,775 4,700 3,060 4,155 15,005 8,500 10,000 30,390 5,000 15,000 10,000 9,900 5,380 7,450 21,120 20,925 22,345 7,500 3,000 13,000 4,830 11,000 2,205 3,490 2,490

3,011 28,836 20,728 4,700 3,137 4,273 15,456 8,833 10,758 33,113 5,463 16,431 10,983 10,873 6,020 8,347 23,799 23,608 25,290 8,783 3,534 14,594 5,808 13,573 2,301 3,761 2,764

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/18 6/15/17 6/15/19 5/1/18 5/1/19 11/1/17 11/1/18

1,075 4,655 5,480 1,000 1,850 1,060 700

1,124 4,777 6,034 1,048 1,990 1,101 751

5.000%

10/1/20

2,745

3,151

5.000%

10/1/20

4,605

5,287

5.000%

10/1/21

2,120

2,498

5.000%

10/1/21

3,000

3,536

5.000%

10/1/22

5,000

6,030

5.000%

8/15/19

5,655

6,257

5.000%

5/15/20

8,000

9,030

5.000%

8/15/20

1,925

2,188

5.000%

8/15/21

3,000

3,501

5.000%

8/15/22

750

895

5.000%

8/15/23

3,000

3,648

Limited-Term Tax-Exempt Fund

3 3

3 3

3

3

1 1

1 1 1 1

Pennsylvania Higher Educational Facilities Authority Revenue (University of Pittsburgh Medical Center) Pennsylvania State University Revenue Pennsylvania Turnpike Commission Motor License Fund Revenue Pennsylvania Turnpike Commission Oil Franchise Tax Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue PUT Philadelphia PA Authority for Industrial Development Revenue (Cultural & Commercial Corridors) Philadelphia PA Authority for Industrial Development Revenue (Cultural & Commercial Corridors) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Gas Works Revenue Philadelphia PA GO Philadelphia PA GO Philadelphia PA GO Philadelphia PA GO Philadelphia PA GO Philadelphia PA GO Philadelphia PA GO Philadelphia PA GO Philadelphia PA GO Philadelphia PA GO Philadelphia PA GO Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Temple University Health System Obligated Group) Philadelphia PA Municipal Authority Revenue Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA TRAN Philadelphia PA Water & Waste Water Revenue Philadelphia PA Water & Waste Water Revenue Philadelphia PA Water & Waste Water Revenue Philadelphia PA Water & Waste Water Revenue Philadelphia PA Water & Waste Water Revenue

101

Face Amount ($000)

Market Value• ($000) 9,958 1,639 1,135 4,151 3,669 8,723 9,990 1,241 3,499 5,512 14,936 20,141 1,129 1,306 24,936 2,061 34,102 1,163 40,922 9,408 33,993 6,575 5,208 6,372 712 791 1,704 1,090 1,799 842 3,929 1,222 4,156 6,690 883 6,832 778 2,986 1,029 3,091 5,802 2,131 2,100 1,548 5,660 4,077 4,016 5,270 2,199 2,373 2,689 2,932 6,628 6,637 3,088 5,062 9,007 4,561 7,206 7,422 7,135 3,561 19,421 2,754 1,102 8,018 2,268 1,455

Coupon

Maturity Date

5.000% 5.000% 5.000% 5.000% 5.000% 1.230% 1.310% 5.000% 5.000% 5.000% 1.330% 1.780% 5.000% 5.000% 1.510% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.430% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.375% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

5/15/17 3/1/19 12/1/19 12/1/22 12/1/17 12/1/18 12/1/18 12/1/18 12/1/18 6/1/19 12/1/19 12/1/19 12/1/19 12/1/19 12/1/20 12/1/20 6/1/21 12/1/21 6/1/22 6/1/23 6/1/23 12/1/18 12/1/22 12/1/23 4/1/17 4/1/18 4/1/18 4/1/19 4/1/19 4/1/20 4/1/20 4/1/21 4/1/21 4/1/22 4/1/22 4/1/23 4/1/23 7/1/18 7/15/17 8/1/17 12/15/17 7/15/18 8/1/18 7/15/19 8/1/19 8/1/20 8/1/21 8/1/22 8/1/24

(12)

9,740 1,500 1,020 3,485 3,515 8,750 10,000 1,150 3,240 5,000 15,000 20,000 1,015 1,175 25,000 1,805 29,675 1,000 34,945 7,905 28,505 6,575 4,470 5,415 700 750 1,615 1,000 1,650 750 3,500 1,060 3,605 5,680 750 5,705 650 2,780 1,000 3,000 5,555 2,000 2,000 1,410 5,150 3,625 3,500 4,500 2,000

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.125% 2.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/17 11/15/18 9/1/18 9/1/19 9/1/20 9/1/21 9/1/21 9/1/21 9/1/22 9/1/22 9/1/23 9/1/23 9/1/23 (13) 6/30/17 6/15/19 (4) 7/1/19 1/1/20 7/1/20 7/1/21

2,325 2,500 2,780 6,115 6,000 2,745 4,500 8,000 4,000 6,320 6,450 6,200 3,325 19,275 2,500 1,000 7,165 2,000 1,250

(Prere.)

(Prere.)

(ETM)

(4)

Limited-Term Tax-Exempt Fund

Coupon 1

3

2

3

Philadelphia PA Water & Waste Water Revenue Philadelphia PA Water & Waste Water Revenue Pittsburgh PA GO Pittsburgh PA Water & Sewer Authority Revenue Pittsburgh PA Water & Sewer Authority Revenue Reading PA School District GO State Public School Building Authority Pennsylvania College Revenue (Delaware County Community College Project) State Public School Building Authority Pennsylvania College Revenue (Delaware County Community College Project) State Public School Building Authority Pennsylvania College Revenue (Delaware County Community College Project) State Public School Building Authority Pennsylvania College Revenue (Montgomery County Community College) State Public School Building Authority Pennsylvania College Revenue (Montgomery County Community College) State Public School Building Authority Pennsylvania College Revenue (Montgomery County Community College) University Area Joint Authority Pennsylvania Sewer Revenue PUT University of Pittsburgh of the Commonwealth System of Higher Education Pennsylvania Revenue (University Capital Project) University of Pittsburgh PA Revenue TOB VRDO Washington County PA Hospital Authority Revenue (Washington Hospital Project) VRDO West Chester University Pennsylvania Student Housing Revenue BAN Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project) York County PA GO York County PA GO PUT

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/21 10/1/23 9/1/18 9/1/19 (4) 9/1/20 (4) 4/1/19

1,000 5,000 11,000 2,500 3,385 6,230

1,164 6,033 11,784 2,772 3,863 6,664

5.000%

10/1/19 (15)

1,725

1,910

5.000%

10/1/20 (15)

1,035

1,176

5.000%

10/1/21 (15)

2,670

3,106

5.000%

5/1/20

2,995

3,341

5.000%

5/1/21

1,000

1,143

5.000% 1.030%

5/1/22 11/1/17

1,000 2,900

1,163 2,897

5.500% 0.660% 0.520% 0.650% 5.000% 4.000% 0.659%

9/15/20 11/7/16 11/1/16 LOC 2/1/17 11/1/20 12/1/16 (ETM) 6/1/17

1,030 7,500 6,535 3,350 2,465 5,000 7,085

1,140 7,500 6,535 3,349 2,770 5,014 7,078 1,245,443

Rhode Island (0.4%) Rhode Island & Providence Plantations GO Rhode Island Economic Development Corp. Airport Revenue Rhode Island Economic Development Corp. Airport Revenue Rhode Island Economic Development Corp. Airport Revenue Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Lifespan Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Lifespan Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Lifespan Obligated Group)

102

5.000% 5.000% 5.000% 5.000%

11/15/16 (ETM) 7/1/19 7/1/20 7/1/21

2,000 700 1,165 1,355

2,003 756 1,284 1,522

5.000%

9/15/21

400

466

5.000%

9/15/21

405

470

5.000%

9/15/22

510

606

5.000%

9/15/22

450

533

5.000%

9/15/23

450

544

5.000%

9/15/23

640

768

5.000%

9/15/24

350

429

5.000%

9/15/24

670

814

5.000%

9/1/18 (ETM)

1,325

1,420

5.000%

9/1/19 (ETM)

1,650

1,823

5.000%

9/1/20 (ETM)

1,455

1,655

5.000%

9/1/21

5,625

6,141

5.000%

9/1/21 (ETM)

1,650

1,926

5.000%

9/1/22

2,500

2,752

5.000%

9/1/23

2,700

2,979

5.000%

5/15/21

2,330

2,660

5.000%

5/15/22

2,510

2,916

5.000%

5/15/23

2,200

2,584

Limited-Term Tax-Exempt Fund

Rhode Island Health & Educational Building Corp. Providence (Providence Public Buildings Authority) Rhode Island Health & Educational Building Corp. Providence (Providence Public Buildings Authority) Rhode Island Health & Educational Building Corp. Providence (Providence Public Buildings Authority) Rhode Island Health & Educational Building Corp. Providence (Providence Public Buildings Authority) Rhode Island Health & Educational Building Corp. Providence (Providence Public Buildings Authority) Tobacco Settlement Financing Corp. Rhode Island Revenue Tobacco Settlement Financing Corp. Rhode Island Revenue Tobacco Settlement Financing Corp. Rhode Island Revenue Tobacco Settlement Financing Corp. Rhode Island Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

5/15/19

1,255

1,362

5.000%

5/15/20

2,760

3,063

4.000%

5/15/21 (4)

10,470

11,450

5.000%

5/15/21

2,000

2,269

4.000% 5.000% 5.000% 5.000% 5.000%

5/15/22 (4) 6/1/19 6/1/20 6/1/21 6/1/22

11,705 10,580 3,500 2,755 2,540

12,959 11,477 3,864 3,084 2,884

Public Schools Revenue Public Schools Revenue Public Schools Revenue Public Schools Revenue Public Schools Revenue

89,463 South Carolina (1.3%) Berkeley County SC School District Revenue Berkeley County SC School District Revenue Berkeley County SC School District Revenue Charleston County SC GO Charleston County SC GO Charleston County SC GO Charleston SC Educational Excellence Financing Corp. Revenue (Charleston County School District, South Carolina Project) 3 Charleston SC Waterworks & Sewer Capital Improvement Revenue PUT Greenville County SC School District GO 2 Greenville SC Health System Revenue TOB VRDO 2 Greenwood SC Metropolitan Sewer System Revenue TOB VRDO Kershaw County SC Public Schools Foundation Installment Purchase Revenue Kershaw County SC Public Schools Foundation Installment Purchase Revenue Kershaw County SC Public Schools Foundation Installment Purchase Revenue Lexington County SC Health Services District Inc. Hospital Revenue Lexington County SC Health Services District Inc. Hospital Revenue Myrtle Beach SC Hospitality Fee Revenue Myrtle Beach SC Hospitality Fee Revenue Myrtle Beach SC Tax Increase Revenue (Myrtle Beach Air Force Base Redevelopment Project) Myrtle Beach SC Tax Increase Revenue (Myrtle Beach Air Force Base Redevelopment Project) Newberry County SC School District Installment Purchase Revenue Oconee County SC Pollution Control Facilities Revenue (Duke Energy Carolinas Project) Piedmont SC Municipal Power Agency Revenue Richland County SC School District No. 2 GO Rock Hill SC Utility System Revenue Rock Hill SC Utility System Revenue Rock Hill SC Utility System Revenue South Carolina Association of Governmental Organizations COP South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue (Pickens School District) South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue (Pickens School District) South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue (Pickens School District) South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue (Pickens School District) South Carolina Jobs Economic Development Authority Hospital Revenue (AnMed Health Project) South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) South Carolina Jobs Economic Development Authority Revenue (Bon Secours Health System Inc.) South Carolina Jobs Economic Development Authority Revenue (Bon Secours Health System Inc.) South Carolina Jobs Economic Development Authority Revenue (Bon Secours Health System Inc.) South Carolina Jobs Economic Development Authority Revenue (Bon Secours Health System Inc.) South Carolina Ports Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue

103

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

12/1/17 12/1/18 12/1/20 11/1/17 11/1/17 11/1/18

600 1,000 1,000 1,045 6,485 7,085

625 1,077 1,134 1,090 6,762 7,666

5.000% 1.042% 5.500% 0.670% 0.700% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.600% 5.000% 5.000% 5.000% 5.000% 5.000% 2.000%

12/1/19 1/1/18 12/1/16 11/7/16 11/7/16 (4) 12/1/20 12/1/21 12/1/22 11/1/17 11/1/18 6/1/20 6/1/21 10/1/21 10/1/22 12/1/22 2/1/17 1/1/17 2/1/22 1/1/22 1/1/23 1/1/24 3/1/17

2,000 8,700 13,450 8,020 5,625 600 1,000 1,000 2,660 1,345 500 1,000 1,245 1,240 1,290 15,100 7,225 19,280 780 1,110 1,000 47,500

2,239 8,692 13,504 8,020 5,625 680 1,156 1,178 2,768 1,449 560 1,147 1,438 1,459 1,535 15,200 7,276 22,904 913 1,324 1,207 47,710

5.000%

12/1/19

1,250

1,389

5.000%

12/1/20

3,250

3,708

5.000%

12/1/21

2,635

3,078

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

12/1/22 2/1/17 8/1/17 8/1/18 8/1/19 8/1/20 8/1/21 8/1/22 11/1/17 11/1/18 11/1/19 11/1/20 7/1/17 1/1/17 (ETM) 12/1/17 12/1/20 12/1/21

3,785 2,320 300 500 1,000 2,700 1,000 1,500 1,000 1,500 1,000 1,750 1,535 2,000 6,035 18,545 2,500

4,515 2,344 309 532 1,094 3,033 1,149 1,657 1,036 1,615 1,111 2,001 1,575 2,014 6,308 21,282 2,938

Limited-Term Tax-Exempt Fund

2 2

South South South South South South South South South South South

Carolina Carolina Carolina Carolina Carolina Carolina Carolina Carolina Carolina Carolina Carolina

Public Service Authority Revenue Public Service Authority Revenue Public Service Authority Revenue Public Service Authority Revenue Public Service Authority Revenue Public Service Authority Revenue Public Service Authority Revenue TOB VRDO Public Service Authority Revenue TOB VRDO Transportation Infrastructure Revenue Transportation Infrastructure Revenue Transportation Infrastructure Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.720% 0.830% 5.000% 5.000% 5.000%

12/1/21 12/1/21 12/1/22 12/1/22 12/1/22 12/1/23 11/7/16 11/7/16 10/1/19 10/1/20 10/1/23

290 15,000 1,500 1,095 500 500 6,520 7,500 25,805 4,220 4,885

341 17,626 1,802 1,315 601 608 6,520 7,500 28,717 4,830 5,966 304,852

South Dakota (0.0%) South Dakota Building Authority Revenue South Dakota Health & Educational Facilities South Dakota Health & Educational Facilities South Dakota Health & Educational Facilities South Dakota Health & Educational Facilities South Dakota Health & Educational Facilities South Dakota Health & Educational Facilities

Authority Authority Authority Authority Authority Authority

Revenue Revenue Revenue Revenue Revenue Revenue

(Sanford (Sanford (Sanford (Sanford (Sanford (Sanford

5.000% 4.000% 5.000% 4.000% 5.000% 5.000% 5.000%

Health) Health) Health) Health) Health) Health)

6/1/20 11/1/20 11/1/20 11/1/21 11/1/21 11/1/22 11/1/22

500 635 645 500 550 375 535

567 701 736 559 643 448 639 4,293

Tennessee (1.3%) 2 Blount County TN Public Building Authority Revenue TOB VRDO Chattanooga TN Electric System Revenue Chattanooga TN Electric System Revenue Chattanooga TN Electric System Revenue Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue (Covenant Healthcare) 1 Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue (University Health System Inc.) 1 Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue (University Health System Inc.) Memphis TN Electric System Revenue Memphis TN Electric System Revenue Memphis TN GO Memphis-Shelby County TN Airport Authority Revenue Metropolitan Government of Nashville & Davidson County TN Electric Revenue Metropolitan Government of Nashville & Davidson County TN GO Metropolitan Government of Nashville & Davidson County TN GO Metropolitan Government of Nashville & Davidson County TN GO 3 Metropolitan Government of Nashville & Davidson County TN Health & Educational Facilities Board Revenue (Vanderbilt University) PUT 3 Metropolitan Government of Nashville & Davidson County TN Health & Educational Facilities Board Revenue (Vanderbilt University) PUT Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue Murfreesboro TN GO Shelby County TN GO Shelby County TN GO Shelby County TN Health Educational & Housing Facility Board Revenue (Methodist Le Bonheur Healthcare) VRDO Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee GO Tennessee GO Tennessee GO Tennessee Housing Development Agency Residential Finance Program Revenue Tennessee Housing Development Agency Residential Finance Program Revenue Washington County TN GO

104

0.640% 5.000% 5.000% 5.000% 5.000%

11/7/16 LOC 9/1/20 9/1/21 9/1/22 4/1/22

13,480 3,820 2,500 2,000 1,715

13,480 4,376 2,943 2,411 2,029

5.000%

1/1/20

2,500

2,779

5.000%

9/1/21

1,145

1,311

1,370 44,095 12,500 2,500 5,280 6,345 10,000 25,130 3,945

1,619 44,255 13,073 2,598 6,120 6,510 10,290 27,775 4,687

4,760

4,760

5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 1.230%

9/1/23 12/1/16 12/1/17 10/1/17 7/1/22 5/15/17 (13) 7/1/17 7/1/19 7/1/24 4/1/17 (Prere.)

1.230% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

10/1/17 7/1/18 7/1/19 7/1/20 6/1/20 3/1/19 4/1/23

4,940 5,000 6,070 1,000 3,950 10,275 1,000

4,935 5,337 6,704 1,138 4,492 11,233 1,218

0.510% 5.000% 5.000% 5.000% 5.250% 5.000% 5.250% 5.000% 5.250% 5.000% 5.250% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000%

11/1/16 (4) 2/1/18 2/1/19 2/1/20 9/1/20 2/1/21 9/1/21 2/1/22 9/1/22 2/1/23 9/1/23 8/1/18 8/1/18 10/1/18 7/1/39 1/1/45 6/1/21

5,190 8,590 12,825 2,735 19,005 8,510 13,125 1,540 1,280 2,275 2,780 5,185 16,000 3,730 2,790 4,190 2,030

5,190 8,974 13,802 3,026 21,551 9,623 15,218 1,766 1,505 2,652 3,325 5,560 17,157 4,024 2,988 4,456 2,282

Limited-Term Tax-Exempt Fund

Washington County TN GO Washington County TN GO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

4.000% 4.000%

6/1/22 6/1/23

5,030 5,260

5,751 6,089 321,012

Texas (10.8%) Alvin TX Independent School District GO Austin TX Community College District Public Facilities Corp. Lease Revenue Austin TX Community College District Public Facilities Corp. Lease Revenue Austin TX Community College District Public Facilities Corp. Lease Revenue Austin TX Electric Utility System Revenue Austin TX Electric Utility System Revenue Austin TX Electric Utility System Revenue Austin TX GO Austin TX GO Austin TX Independent School District GO Austin TX Water & Wastewater System Revenue Austin TX Water & Wastewater System Revenue Bexar County TX GO Bexar County TX GO Bexar County TX GO Bexar County TX GO Bexar County TX GO Bexar County TX GO Bexar County TX Hospital District GO Bexar County TX Hospital District GO Bexar County TX Hospital District GO Bexar County TX Hospital District GO Brownsville TX Independent School District GO Brownsville TX Utility System Revenue Brownsville TX Utility System Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue PUT Conroe TX Independent School District GO Conroe TX Independent School District GO Conroe TX Independent School District GO Coppell TX Independent School District GO Corpus Christi TX GO Cypress-Fairbanks TX Independent School District GO Cypress-Fairbanks TX Independent School District GO PUT 1 Dallas County TX Utility & Reclamation District GO 1 Dallas County TX Utility & Reclamation District GO 1 Dallas County TX Utility & Reclamation District GO Dallas TX Area Rapid Transit Sales Tax Revenue Dallas TX GO Dallas TX GO Dallas TX GO Dallas TX GO Dallas TX GO Dallas TX GO Dallas TX Independent School District GO Dallas TX Independent School District GO PUT Dallas TX Independent School District GO PUT Dallas TX Waterworks & Sewer System Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.750% 5.000% 5.750% 5.000% 5.000% 5.000% 5.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.900% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

105

2/15/22 8/1/20 8/1/21 8/1/22 11/15/18 11/15/19 11/15/20 9/1/17 9/1/22 8/1/22 11/15/19 11/15/20 6/15/21 6/15/21 6/15/22 6/15/22 6/15/23 6/15/23 2/15/21 2/15/22 2/15/23 2/15/24 2/15/22 9/1/20 9/1/21 1/1/17 (ETM) 1/1/18 1/1/18 (ETM) 1/1/19 1/1/20 1/1/20 1/1/20 1/1/21 1/1/22 1/1/23 1/7/21 2/15/21 2/15/22 2/15/23 8/15/22 3/1/22 2/15/22 8/15/18 2/15/21 2/15/22 2/15/23 12/1/21 2/15/17 (ETM) 2/15/17 2/15/21 2/15/21 2/15/22 2/15/23 8/15/23 8/15/18 2/15/22 10/1/17 11/1/16 11/1/17 11/1/18 11/1/19 11/1/19 11/1/19 11/1/20 11/1/20

1,780 1,000 1,000 1,000 500 500 1,000 3,250 11,720 4,500 1,000 2,420 5,155 2,930 6,000 2,775 9,220 4,055 1,875 1,525 1,465 2,000 2,770 1,250 1,000 570 250 1,450 530 610 625 1,000 1,295 2,375 4,500 5,500 3,380 3,125 4,240 1,000 4,000 9,835 7,590 7,230 5,365 1,000 3,250 25 8,855 7,500 3,240 4,290 3,500 7,265 5,000 20,000 3,105 4,000 1,200 500 2,500 2,500 1,000 2,500 1,000

2,111 1,129 1,155 1,179 542 560 1,154 3,367 14,114 5,396 1,117 2,782 6,009 3,415 7,160 3,311 11,200 4,926 2,165 1,802 1,767 2,450 3,284 1,424 1,165 575 261 1,532 572 676 693 1,132 1,468 2,752 5,294 6,109 3,911 3,705 5,123 1,200 4,726 11,661 7,544 8,281 6,271 1,193 3,842 25 8,967 8,685 3,752 5,092 4,237 8,933 5,030 23,570 3,226 4,000 1,249 539 2,780 2,780 1,112 2,858 1,143

Limited-Term Tax-Exempt Fund

2

3

3

3

3

3

Dallas-Fort Worth TX International Airport Revenue Denton County TX GO Denton County TX GO Denton TX GO Denton TX Independent School District GO Denton TX Independent School District GO Denton TX Independent School District GO PUT Eagle Mountain & Saginaw TX Independent School District GO PUT El Paso TX GO El Paso TX GO El Paso TX GO El Paso TX Water & Sewer Revenue El Paso TX Water & Sewer Revenue El Paso TX Water & Sewer Revenue El Paso TX Water & Sewer Revenue El Paso TX Water & Sewer Revenue Fort Bend County TX GO Fort Bend County TX GO Fort Bend County TX GO Fort Bend County TX GO Fort Bend County TX Toll Road Revenue Fort Bend County TX Toll Road Revenue Fort Bend TX Independent School District GO Fort Worth TX GO Fort Worth TX GO Fort Worth TX GO Fort Worth TX GO Fort Worth TX GO Fort Worth TX Water & Sewer Revenue Frisco TX GO Frisco TX GO Frisco TX GO Frisco TX GO Frisco TX GO Frisco TX GO Frisco TX GO Frisco TX Independent School District GO Grand Parkway Transportation Corp. Texas System Toll Revenue BAN Grand Prairie TX Independent School District GO Grand Prairie TX Independent School District GO Grand Prairie TX Independent School District GO Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Children’s Hospital Project) TOB VRDO Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Memorial Hermann Healthcare System) Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Memorial Hermann Healthcare System) Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Memorial Hermann Healthcare System) Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Memorial Hermann Healthcare System) Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Memorial Hermann Healthcare System) PUT Harris County TX Cultural Education Facilities Finance Corp. Revenue (Baylor College of Medicine) Harris County TX Cultural Education Facilities Finance Corp. Revenue (Baylor College of Medicine) Harris County TX Cultural Education Facilities Finance Corp. Revenue (Baylor College of Medicine) Harris County TX Cultural Education Facilities Finance Corp. Revenue (Methodist Hospital System) VRDO Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) Harris County TX Cultural Education Facilities Finance Corp. Revenue (YMCA of the Greater Houston Area) Harris County TX Cultural Education Facilities Finance Corp. Revenue (YMCA of the Greater Houston Area) Harris County TX Cultural Education Facilities Finance Corp. Thermal Utility Revenue (TECO Project) Harris County TX Flood Control District GO Harris County TX GO Harris County TX GO

106

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 2.000% 2.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000% 5.000% 5.000% 5.000%

11/1/21 7/15/22 7/15/23 2/15/22 8/15/20 8/15/22 8/1/18 8/1/19 8/15/21 8/15/21 8/15/22 3/1/18 3/1/20 3/1/21 3/1/21 3/1/22 3/1/20 3/1/20 3/1/21 3/1/22 3/1/22 3/1/23 8/15/22 3/1/18 3/1/19 3/1/20 3/1/21 3/1/23 2/15/18 2/15/17 2/15/18 2/15/20 2/15/21 2/15/21 2/15/22 2/15/23 8/15/17 12/15/16 2/15/21 2/15/22 2/15/23

4,000 2,000 2,090 2,000 1,195 5,000 3,125 9,000 5,615 1,935 2,795 1,000 1,000 1,750 1,000 1,000 5,530 1,000 2,000 2,500 200 200 1,695 4,375 3,500 10,075 10,060 9,985 4,100 3,000 3,325 4,110 4,295 8,890 7,730 4,115 2,350 194,500 1,500 1,000 675

4,683 2,400 2,560 2,245 1,139 4,581 3,172 9,194 6,563 2,262 3,342 1,054 1,092 1,949 1,157 1,184 6,224 1,125 2,314 2,962 236 242 2,034 4,614 3,822 11,339 11,637 12,054 4,317 3,038 3,501 4,628 4,970 10,263 9,140 4,955 2,427 194,963 1,735 1,186 816

0.690%

11/7/16

8,200

8,200

1.130%

6/1/17

3,865

3,862

1.230%

6/1/18

1,750

1,750

1.330%

6/1/19

2,250

2,253

1.380%

6/1/20

2,000

2,000

1.210% 5.000% 5.000% 5.000%

12/1/19 11/15/20 11/15/21 11/15/22

9,000 2,500 1,600 1,800

8,980 2,856 1,873 2,149

0.540% 5.000% 5.000% 5.000%

11/1/16 10/1/19 10/1/21 10/1/22

13,300 2,350 4,000 2,500

13,300 2,607 4,684 2,992

5.000%

6/1/18

425

446

5.000%

6/1/19

1,410

1,514

5.000% 5.250% 5.000% 5.000%

11/15/16 10/1/18 10/1/17 10/1/18

1,000 2,000 6,775 4,805

1,002 2,166 7,039 5,177

Limited-Term Tax-Exempt Fund

3 3

2

3 3

3

Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX Health Facilities Development Corp. Hospital Revenue (Memorial Hermann Healthcare System) Harris County TX Health Facilities Development Corp. Hospital Revenue (Memorial Hermann Healthcare System) Harris County TX Health Facilities Development Corp. Revenue (Methodist Hospital System) VRDO Harris County TX Health Facilities Development Corp. Revenue (Methodist Hospital System) VRDO Harris County TX Hospital District Revenue Harris County TX Hospital District Revenue Harris County TX Hospital District Revenue Harris County TX Metropolitan Transit Authority Sales & Use Tax Revenue Harris County TX Sports Authority Revenue Harris County TX Sports Authority Revenue Harris County TX Sports Authority Revenue Harris County TX Toll Road Revenue Harris County TX Toll Road Revenue PUT Houston TX Airport System Revenue Houston TX Airport System Revenue Houston TX Airport System Revenue Houston TX Airport System Revenue Houston TX Airport System Revenue TOB VRDO Houston TX Community College System GO Houston TX Community College System GO Houston TX Community College System GO Houston TX Community College System Revenue Houston TX Community College System Revenue Houston TX Community College System Revenue Houston TX Community College System Revenue Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX Hotel Occupancy Tax & Special Revenue (Convention & Entertainment Facilities) Houston TX Hotel Occupancy Tax & Special Revenue (Convention & Entertainment Facilities) Houston TX Independent School District GO Houston TX Independent School District GO Houston TX Independent School District GO Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue PUT Houston TX Utility System Revenue PUT Irving TX Independent School District GO Irving TX Independent School District GO Katy TX Independent School District GO Katy TX Independent School District GO Katy TX Independent School District GO Katy TX Independent School District GO PUT Keller TX Independent School District GO Keller TX Independent School District GO

107

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000%

10/1/18 10/1/22 10/1/22

2,675 1,100 10,025

2,882 1,327 12,097

5.000%

12/1/18

1,000

1,081

5.000%

12/1/19

400

446

0.540%

11/1/16

5,700

5,700

0.540% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.410% 1.330% 5.000% 5.000% 5.000% 5.000% 0.660% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.380% 1.530% 5.000% 5.000% 5.000% 5.000% 5.000% 0.908% 5.000% 5.000%

11/1/16 2/15/22 2/15/23 2/15/24 11/1/19 11/15/20 11/15/20 11/15/21 8/15/18 8/15/18 7/1/17 7/1/18 7/1/18 7/1/19 11/7/16 2/15/18 2/15/19 2/15/19 4/15/20 4/15/22 4/15/23 4/15/24 3/1/17 3/1/18 3/1/19 3/1/19 3/1/19 3/1/19 3/1/22 3/1/23 3/1/24 9/1/19 9/1/21 2/15/17 2/15/18 2/15/19 11/15/16 11/15/17 11/15/17 11/15/18 11/15/19 5/15/20 11/15/20 11/15/20 5/15/21 11/15/21 11/15/21 11/15/22 11/15/22 11/15/23 6/1/17 5/1/20 2/15/22 2/15/23 2/15/21 2/15/22 2/15/23 8/15/19 8/15/20 8/15/22

5,245 1,235 2,000 2,250 2,000 575 3,300 8,115 4,000 34,250 1,500 6,070 1,720 3,960 1,360 2,500 2,860 870 1,000 1,885 2,000 2,880 1,000 1,000 10,000 12,195 1,135 4,460 20,000 9,105 540 700 1,500 2,375 1,755 2,890 1,855 13,500 13,600 2,500 3,000 6,000 5,000 3,500 5,000 5,460 5,000 3,205 7,115 7,400 18,000 19,500 3,750 2,000 2,185 2,295 1,510 14,470 2,650 3,000

5,245 1,441 2,368 2,695 2,240 649 3,784 9,530 4,004 34,235 1,541 6,237 1,828 4,069 1,360 2,632 3,116 948 1,129 2,232 2,407 3,523 1,014 1,054 10,896 13,288 1,237 4,857 23,573 10,931 588 773 1,736 2,405 1,848 3,152 1,858 14,090 14,231 2,703 3,352 6,803 5,753 4,024 5,827 6,447 5,899 3,871 8,584 9,068 17,994 19,415 4,446 2,417 2,533 2,729 1,834 14,545 3,027 3,596

(14) (14)

(Prere.)

(4)

Limited-Term Tax-Exempt Fund

2

Kerrville TX Health Facilities Development Corp. Hospital Revenue (Peterson Regional Medical Center Project) Kerrville TX Health Facilities Development Corp. Hospital Revenue (Peterson Regional Medical Center Project) Klein TX Independent School District GO Klein TX Independent School District GO Klein TX Independent School District GO Lamar TX Consolidated Independent School District GO Lamar TX Consolidated Independent School District GO Lamar TX Consolidated Independent School District GO Lamar TX Consolidated Independent School District GO Leander TX Independent School District GO Leander TX Independent School District GO Leander TX Independent School District GO Leander TX Independent School District GO Lewisville TX Independent School District GO Lewisville TX Independent School District GO Lewisville TX Independent School District GO Lewisville TX Independent School District GO Lewisville TX Independent School District GO Lewisville TX Independent School District GO Lone Star College System Texas GO Lone Star College System Texas GO TOB VRDO Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) Lubbock TX GO Lubbock TX GO Lubbock TX GO Lubbock TX GO Lubbock TX GO Lubbock TX GO Lubbock TX Health Facilities Development Corp. Revenue (St. Joseph Health System) Lubbock TX Health Facilities Development Corp. Revenue (St. Joseph Health System) Magnolia TX Independent School District GO Magnolia TX Independent School District GO Magnolia TX Independent School District GO Marshall TX Independent School District GO Mission TX Economic Development Corp. Solid Waste Disposal Revenue (Allied Waste Inc. Project) PUT New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (Westminster Manor Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (Westminster Manor Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Tarleton State University Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Tarleton State University Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Tarleton State University Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Texas A&M University Project) Newark TX Cultural Education Facilities Finance Corp. Revenue Newark TX Cultural Education Facilities Finance Corp. Revenue North Central TX Health Facilities Development Corp. Hospital Revenue (Children’s Medical Center of Dallas Project) North Central TX Health Facilities Development Corp. Hospital Revenue (Children’s Medical Center of Dallas Project) North Central TX Health Facilities Development Corp. Hospital Revenue (Children’s Medical Center of Dallas Project) North East TX Independent School District GO North East TX Independent School District GO PUT North East TX Regional Mobility Authority Revenue North East TX Regional Mobility Authority Revenue

108

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

8/15/21

800

912

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.000% 4.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 0.660% 5.000% 5.000% 5.000%

8/15/22 8/1/20 8/1/21 8/1/22 2/15/19 2/15/20 2/15/21 2/15/22 8/16/20 8/16/21 8/16/22 8/16/23 8/15/20 8/15/20 8/15/21 8/15/21 8/15/22 8/15/22 2/15/22 11/7/16 5/15/17 5/15/22 5/15/23

1,000 2,500 8,550 5,000 2,705 3,005 2,320 2,500 2,675 5,395 9,615 8,500 1,000 18,000 2,240 12,700 7,500 2,605 6,000 2,905 1,710 850 1,200

1,158 2,853 10,026 5,995 2,949 3,382 2,684 2,964 2,549 5,044 8,808 7,600 1,104 20,564 2,521 14,905 9,001 3,116 7,094 2,905 1,748 1,001 1,439

5.000%

5/15/20

1,000

1,131

5.000%

5/15/21

800

928

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

5/15/22 2/15/21 2/15/21 2/15/22 2/15/22 2/15/23 2/15/23 7/1/17 7/1/18 8/15/21 8/15/22 8/15/23 2/15/23

2,050 1,755 850 645 1,590 720 1,780 4,210 1,765 1,505 1,580 510 2,185

2,430 2,019 978 759 1,872 865 2,137 4,326 1,880 1,766 1,896 623 2,640

1.000%

1/3/17

9,475

9,475

5.000%

11/1/23

500

587

5.000%

11/1/24

625

739

4.000%

4/1/20

180

191

4.000%

4/1/21

310

331

4.000%

4/1/22

215

231

5.000% 5.000% 5.000%

7/1/23 11/15/22 11/15/23

1,265 1,000 1,000

1,441 1,186 1,204

5.000%

8/15/17

1,000

1,033

5.000%

8/15/18

750

803

5.000% 5.000% 1.420% 5.000% 5.000%

8/15/19 2/1/22 8/1/21 1/1/23 1/1/24

1,900 6,985 9,000 900 1,285

2,100 8,274 8,939 1,052 1,516

Limited-Term Tax-Exempt Fund

3 3

3 3

2

3 3 1

North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue PUT North Texas Tollway Authority System Revenue PUT Northside Independent School District Texas GO PUT Northside Independent School District Texas GO PUT Olmos Park TX Higher Education Facilities Corp. Revenue (University of the Incarnate Word Project) Port Authority of Houston TX GO Port Authority of Houston TX GO Port Authority of Houston TX GO Prosper TX Independent School District GO Prosper TX Independent School District GO Prosper TX Independent School District GO Richardson TX Independent School District GO Richardson TX Independent School District GO Rockwall TX GO Rockwall TX GO Rockwall TX GO Round Rock TX Independent School District GO Round Rock TX Independent School District GO Round Rock TX Independent School District GO SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue Sam Rayburn TX Municipal Power Agency Revenue Sam Rayburn TX Municipal Power Agency Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue PUT San Antonio TX Electric & Gas Systems Revenue PUT San Antonio TX Electric & Gas Systems Revenue PUT San Antonio TX Electric & Gas Systems Revenue PUT San Antonio TX Electric & Gas Systems Revenue PUT San Antonio TX Electric and Gas Systems Revenue TOB VRDO San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX Independent School District GO San Antonio TX Independent School District GO PUT San Antonio TX Water Revenue San Antonio TX Water Revenue San Antonio TX Water Revenue San Antonio TX Water Revenue San Antonio TX Water Revenue San Antonio TX Water Revenue San Antonio TX Water Revenue PUT San Antonio TX Water Revenue PUT San Antonio TX Water Revenue PUT Schertz-Cibolo-Universal City TX Independent School District GO

109

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.430% 1.300% 2.125% 1.750%

9/1/17 9/1/17 1/1/19 1/1/20 1/1/20 1/1/20 1/1/20 1/1/21 1/1/21 1/1/21 1/1/22 1/1/22 1/1/22 1/1/23 1/1/19 1/1/20 8/1/20 6/1/22

1,725 1,480 4,000 5,000 700 4,000 2,000 1,000 11,280 3,600 1,500 5,250 6,155 9,500 15,000 29,690 6,485 12,500

1,771 1,532 4,331 5,584 779 4,467 2,233 1,139 12,918 4,123 1,748 6,152 7,212 11,365 15,001 29,771 6,500 12,488

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 2.000% 0.910% 1.010% 2.000% 3.000% 0.660% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 2.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.310% 1.030% 2.000% 5.000%

12/1/19 10/1/20 10/1/21 10/1/22 2/15/21 2/15/22 2/15/23 2/15/22 2/15/23 8/1/21 8/1/22 8/1/23 8/1/21 8/1/22 8/1/23 8/1/21 10/1/18 10/1/19 2/1/20 2/1/21 2/1/21 2/1/22 2/1/22 2/1/23 12/1/16 2/1/17 2/1/18 12/1/18 12/1/20 11/7/16 2/1/17 2/1/17 8/1/17 2/1/18 8/1/18 2/1/20 2/1/21 2/1/22 8/15/22 8/1/18 5/15/17 5/15/19 5/15/20 5/15/20 5/15/21 5/15/22 11/1/16 11/1/17 11/1/21 2/1/23

1,735 3,110 8,900 2,700 1,190 1,315 400 2,500 3,000 800 2,770 1,635 3,095 1,000 2,000 5,100 2,250 1,000 6,980 5,450 12,000 4,000 11,750 26,500 3,500 25,000 27,250 10,165 20,000 9,020 4,135 1,300 1,070 3,500 1,000 2,500 3,500 3,000 1,330 7,270 2,160 2,250 1,500 1,500 1,000 1,750 15,000 19,375 40,000 3,830

1,927 3,564 10,477 3,256 1,376 1,557 482 2,973 3,643 935 3,308 1,991 3,629 1,199 2,443 5,958 2,413 1,104 7,850 6,304 13,881 4,743 13,932 32,055 3,503 24,995 27,175 10,315 21,260 9,020 4,180 1,314 1,105 3,681 1,072 2,814 4,052 3,560 1,596 7,382 2,210 2,471 1,701 1,701 1,164 2,085 15,000 19,381 40,656 4,616

Limited-Term Tax-Exempt Fund

3

3

Southwest Texas Higher Education Authority Inc. Revenue (Southern Methodist University Project) Southwest Texas Higher Education Authority Inc. Revenue (Southern Methodist University Project) Southwest Texas Higher Education Authority Inc. Revenue (Southern Methodist University Project) Spring Branch TX Independent School District GO Stephen F Austin TX State University Revenue Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Hendrick Medical Center) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Methodist Hospitals of Dallas) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Methodist Hospitals of Dallas) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Methodist Hospitals of Dallas) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Scott & White Healthcare Project) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Scott & White Healthcare Project) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Scott & White Healthcare Project) Tarrant County TX Cultural Education Facilities Finance Corp. Retirement Facilities Revenue (Buckingham Senior Living Community Inc.) Tarrant Regional Water District Texas Water Revenue Tarrant Regional Water District Texas Water Revenue Texas A&M University System Revenue Board of Regents Revenue Texas A&M University System Revenue Board of Regents Revenue Texas A&M University System Revenue Board of Regents Revenue Texas GO Texas GO Texas GO Texas GO Texas GO Texas GO Texas GO Texas GO Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Public Finance Authority Revenue (Midwestern State University) Texas Public Finance Authority Revenue (Midwestern State University) Texas Public Finance Authority Revenue (Midwestern State University) Texas Public Finance Authority Revenue (Midwestern State University) Texas Public Finance Authority Revenue (Unemployment Compensation) Texas Tech University System Financing System Revenue Texas Tech University System Financing System Revenue Texas Tech University System Financing System Revenue Texas Tech University System Financing System Revenue Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission Mobility Fund GO Texas Transportation Commission Mobility Fund GO PUT Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue

110

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

10/1/20

3,000

3,433

5.000%

10/1/21

2,500

2,936

5.000% 5.000% 5.000%

10/1/22 2/1/22 10/15/23

3,900 5,000 1,050

4,687 5,923 1,275

5.000%

9/1/21

1,200

1,384

5.000%

10/1/19

2,225

2,469

5.000%

10/1/20

1,845

2,105

5.000%

10/1/21

2,400

2,810

5.000%

8/15/17 (ETM)

150

155

5.000%

8/15/17 (ETM)

1,850

1,912

5.000%

8/15/20

1,520

1,720

1,750 1,000 1,375 4,425 6,000 13,235 7,500 4,650 7,500 8,000 10,000 3,490 19,000 5,950 170 1,665 2,425 29,430 1,740 5,000 6,495 6,000 3,750 2,000 3,415 1,000 1,250 675 1,720 8,030 2,115 3,065 3,040 5,000 13,425 11,465 15,000 15,000 13,925 9,295 16,855 50,000 7,500 1,845 24,000 35,000 10,000

1,762 1,160 1,633 5,163 7,170 16,159 7,795 5,015 8,091 8,924 11,493 4,061 22,402 7,015 171 1,658 2,529 30,239 1,874 5,469 7,171 6,734 4,235 2,295 4,071 1,143 1,463 807 2,083 8,053 2,186 3,285 3,368 5,706 14,723 12,985 17,239 17,686 16,613 11,614 20,360 49,736 7,634 1,878 26,749 40,182 11,790

3.875% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.100% 5.250% 5.625% 5.250% 5.000% 5.250% 5.000% 5.250% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.010% 5.000% 5.000% 5.000% 5.000% 5.000%

11/15/20 3/1/21 3/1/22 5/15/21 5/15/22 5/15/23 10/1/17 10/1/18 10/1/18 10/1/19 10/1/20 4/1/21 10/1/21 10/1/21 12/15/16 9/15/17 12/15/17 12/15/17 12/15/18 12/15/19 12/15/19 12/15/20 12/15/20 12/15/21 12/15/23 12/1/20 12/1/21 12/1/22 12/1/23 1/1/18 8/15/17 8/15/18 8/15/19 8/15/20 4/1/19 4/1/20 10/1/20 10/1/21 4/1/22 10/1/24 10/1/22 10/1/18 4/1/17 (Prere.) 4/1/17 10/1/19 10/1/20 10/1/21

Limited-Term Tax-Exempt Fund

3

1

1 1

1 1

Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue PUT Texas Transportation Commission Turnpike System Revenue PUT Texas Turnpike Authority Central Texas Turnpike System Revenue Texas Turnpike Authority Central Texas Turnpike System Revenue Texas Water Development Board Revenue Texas Water Development Board Revenue Texas Water Development Board Revenue Tomball TX Independent School District GO PUT University of Houston Texas Revenue University of Houston Texas Revenue University of Houston Texas Revenue University of North Texas Revenue University of North Texas Revenue University of North Texas Revenue University of Texas Permanent University Fund Revenue University of Texas Permanent University Fund Revenue University of Texas Permanent University Fund Revenue University of Texas Permanent University Fund Revenue University of Texas Permanent University Fund Revenue University of Texas Permanent University Fund Revenue University of Texas Permanent University Fund Revenue University of Texas Permanent University Fund Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue University of Texas System Revenue Financing System Revenue Waller TX Independent School District GO

Coupon

Maturity Date

5.000% 5.000% 5.000% 0.980% 5.000% 0.000% 0.000% 5.000% 5.000% 5.000% 1.100% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

10/1/21 10/1/22 10/1/23 4/1/17 4/1/20 8/15/22 (ETM) 8/15/22 (2) 4/15/22 4/15/22 10/15/22 8/15/19 2/15/20 2/15/21 2/15/23 4/15/18 4/15/20 (ETM) 4/15/20 7/1/20 7/1/21 7/1/21 7/1/22 7/1/22 7/1/22 7/1/23 7/1/23 8/15/17 8/15/18 8/15/18 8/15/19 8/15/19 8/15/20 8/15/21 8/15/21 8/15/21 8/15/22 8/15/22 8/15/22 8/15/22 8/15/23 8/15/23 8/15/23 2/15/22

Face Amount ($000)

Market Value• ($000)

37,000 5,000 4,420 69,000 19,200 1,920 8,365 5,250 4,810 3,480 4,500 6,100 4,405 6,880 1,000 325 2,180 4,020 1,250 4,175 1,500 2,820 2,000 1,250 2,650 25,135 6,505 4,525 9,255 5,000 3,660 11,860 5,000 2,000 5,735 26,500 2,500 5,260 3,350 17,465 15,000 1,095

43,625 6,040 5,442 68,972 21,498 1,754 7,472 6,270 5,744 4,208 4,465 6,860 5,089 8,297 1,059 368 2,462 4,579 1,464 4,889 1,801 3,386 2,401 1,530 3,244 25,988 6,980 4,855 10,265 5,546 4,189 13,901 5,880 2,352 6,887 31,807 3,015 6,337 4,106 21,372 18,428 1,297 2,586,598

Utah (0.5%) Alpine UT School District GO Intermountain Power Agency Utah Power Supply Revenue Intermountain Power Agency Utah Power Supply Revenue Intermountain Power Agency Utah Power Supply Revenue Intermountain Power Agency Utah Power Supply Revenue Intermountain Power Agency Utah Power Supply Revenue Intermountain Power Agency Utah Power Supply Revenue University of Utah Revenue University of Utah Revenue University of Utah Revenue University of Utah Revenue Utah Associated Municipal Power Systems Revenue (Payson Power Project) Utah Board of Regents Student Loan Revenue Utah GO Utah GO Utah GO Utah GO Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Washington County UT School District GO

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 1.600% 5.000% 5.000% 5.000%

3/15/17 7/1/17 7/1/17 7/1/18 7/1/18 7/1/19 7/1/20 8/1/20 8/1/21 8/1/22 8/1/23 4/1/18 11/1/16 7/1/17 7/1/17 7/1/18 7/1/18 12/15/17 (Prere.) 6/15/21 6/15/22 3/1/22

4,320 1,300 5,625 2,425 8,000 2,360 3,500 700 600 1,150 600 3,550 10,175 10,000 6,125 3,000 19,000 14,000 550 710 5,165

4,390 1,337 5,784 2,587 8,536 2,603 3,734 773 702 1,379 733 3,684 10,175 10,289 6,302 3,207 20,312 14,133 640 845 6,173 108,318

Vermont (0.0%) Vermont Educational & Health Buildings Financing Agency Revenue (University of Vermont Health Network)

5.000%

111

12/1/21

350

408

Limited-Term Tax-Exempt Fund

Vermont Educational & Health Buildings Financing Agency Revenue (University of Vermont Health Network)

Coupon

Maturity Date

Face Amount ($000)

5.000%

12/1/22

650

Market Value• ($000) 773 1,181

Virgin Islands (0.1%) Virgin Islands Public Virgin Islands Public Virgin Islands Public Virgin Islands Public Virgin Islands Public Virgin Islands Public

Finance Finance Finance Finance Finance Finance

Authority Authority Authority Authority Authority Authority

Revenue Revenue Revenue Revenue Revenue Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

10/1/18 10/1/19 9/1/20 9/1/21 9/1/22 10/1/22

5,510 5,790 1,000 2,000 2,000 5,950

5,608 5,908 1,095 2,222 2,253 5,870 22,956

Virginia (2.3%) Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) Fairfax County VA Economic Development Authority Transportation District Improvement Revenue (Silver Line Phase I Project) Fairfax County VA Economic Development Authority Transportation District Improvement Revenue (Silver Line Phase I Project) Fairfax County VA GO Fairfax County VA GO Fairfax County VA Public Improvement GO 3 Fredericksburg VA Economic Development Authority Hospital Facilities Revenue (Mary Washington Healthcare Obligated Group) PUT Halifax County VA Industrial Development Authority Revenue (Virginia Electric & Power Co.) PUT Henrico County VA School District GO Lexington VA Industrial Development Authority Residential Care Facility Revenue (Kendall at Lexington Corp.) Lexington VA Industrial Development Authority Residential Care Facility Revenue (Kendall at Lexington Corp.) Lexington VA Industrial Development Authority Residential Care Facility Revenue (Kendall at Lexington Corp.) Lexington VA Industrial Development Authority Residential Care Facility Revenue (Kendall at Lexington Corp.) Loudoun County VA GO Louisa VA Industrial Development Authority Poll Control Revenue (Virginia Electric & Power Co.) PUT Newport News VA Economical Development Authority Residential Care Facilities Revenue Newport News VA Economical Development Authority Residential Care Facilities Revenue Newport News VA Economical Development Authority Residential Care Facilities Revenue Norfolk VA GO Norfolk VA GO Peninsula VA Ports Authority Coal Terminal Revenue PUT Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) University of Virginia Revenue University of Virginia Revenue University of Virginia Revenue University of Virginia Revenue Virginia Beach VA GO Virginia Beach VA GO Virginia Beach VA GO Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) Virginia College Building Authority Educational Facilities Revenue (Public Higher Education Financing Program) Virginia College Building Authority Educational Facilities Revenue (Public Higher Education Financing Program) Virginia College Building Authority Educational Facilities Revenue (Public Higher Education Financing Program)

112

5.000% 5.000%

10/1/20 10/1/21

2,500 6,185

2,868 7,286

5.000%

4/1/17

2,480

2,525

5.000% 4.000% 3.000% 5.000%

4/1/18 10/1/21 10/1/22 4/1/18

4,255 6,510 9,555 10,885

4,502 7,391 10,504 11,527

2.530% 2.150% 5.000%

2/1/17 9/1/20 8/1/20

6,500 10,000 1,055

6,512 10,257 1,208

4.000%

1/1/21

440

479

4.000%

1/1/22

530

582

4.000%

1/1/23

825

913

4.000% 5.000%

1/1/24 12/1/18

1,015 3,435

1,131 3,728

1.750% 4.000% 4.000% 4.000% 5.000% 5.000% 1.550% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

5/16/19 12/1/21 12/1/22 12/1/23 10/1/22 10/1/23 10/1/19 7/1/19 7/1/20 9/1/17 6/1/20 6/1/21 8/1/21 4/1/18 7/15/18 5/1/20

10,000 2,800 2,900 3,070 2,535 360 1,875 5,015 1,460 1,275 500 2,660 33,000 3,250 2,995 4,300

10,131 2,983 3,096 3,272 3,061 443 1,869 5,512 1,652 1,321 570 3,122 38,917 3,443 3,207 4,891

5.000%

2/1/18

9,585

10,083

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/1/22 7/1/17 7/1/18 7/1/19 7/1/20 7/1/21 7/1/21 7/1/22

19,465 1,150 425 425 275 1,000 1,140 570

23,113 1,174 446 457 302 1,115 1,272 643

5.000%

9/1/20

7,685

8,790

5.000%

9/1/21

18,585

21,830

5.000%

9/1/21

10,990

12,909

Limited-Term Tax-Exempt Fund

1 1 1 1

Virginia College Building Authority Educational Facilities Revenue (Public Higher Education Financing Program) Virginia College Building Authority Educational Facilities Revenue (Public Higher Education Financing Program) Virginia Commonwealth Transportation Board GAN Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public School Authority Revenue Virginia Public School Authority Revenue Virginia Public School Authority Revenue Virginia Public School Authority Revenue Virginia Resources Authority Clean Water Revenue (State Revolving Fund) Virginia Resources Authority Clean Water Revenue (State Revolving Fund) Wise County VA Industrial Development Authority Solid Waste & Sewage Disposal Revenue (Virginia Electric & Power Co.) PUT York County VA Economic Development Authority Pollution Control Revenue (VA Electric & Power Co. Project) PUT

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

9/1/22

11,870

14,280

12,110 3,130 3,015 5,070 2,970 3,280 8,115 1,750 8,525 1,605 4,000 3,865 2,685 5,000 12,550 4,725 17,870 8,530 4,965 11,350 5,220 18,830 16,665 16,220 20,425 36,405 5,360 3,500

14,873 3,586 3,064 5,152 3,080 3,465 8,634 1,914 9,391 1,785 4,757 4,654 3,257 6,132 12,956 5,062 19,796 9,449 5,500 12,577 5,961 21,504 17,851 17,968 23,326 42,751 5,780 3,905 8,131

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

9/1/23 9/15/20 3/15/17 3/15/17 9/15/17 3/15/18 5/15/18 3/15/19 5/15/19 9/15/19 3/15/22 9/15/22 3/15/23 9/15/23 8/1/17 8/1/18 8/1/19 8/1/19 8/1/19 8/1/19 (Prere.) 8/1/20 8/1/20 8/1/18 8/1/19 8/1/20 8/1/21 10/1/18 10/1/19

1.875%

6/1/20

8,000

1.875%

5/16/19

5,000

5,073 546,651

Washington (2.6%) Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue TOB VRDO Central Washington University System Revenue Central Washington University System Revenue Central Washington University System Revenue Central Washington University System Revenue Energy Northwest Washington Electric Revenue (Columbia Generating Station) Energy Northwest Washington Electric Revenue (Columbia Generating Station) Energy Northwest Washington Electric Revenue (Project No. 1) Energy Northwest Washington Electric Revenue (Project No. 3) 3 Everett WA GO PUT 3 Grant County WA Public Utility District No. 2 Electric System Revenue PUT King County WA (Public Hospital District) GO King County WA (Public Hospital District) GO King County WA School District No. 216 GO King County WA School District No. 216 GO King County WA School District No. 216 GO King County WA School District No. 216 GO King County WA School District No. 414 GO King County WA Sewer Revenue King County WA Sewer Revenue King County WA Sewer Revenue Lewis County WA Public Utility District No. 1 Revenue (Cowlitz Falls Hydroelectric Project) Lewis County WA Public Utility District No. 1 Revenue (Cowlitz Falls Hydroelectric Project) Lewis County WA Public Utility District No. 1 Revenue (Cowlitz Falls Hydroelectric Project) Port of Seattle WA Passenger Facility Charge Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Seattle WA GO Seattle WA GO Seattle WA GO Seattle WA GO 3 Seattle WA Municipal Light & Power Revenue PUT 2

113

0.580% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.030% 0.950% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.250% 5.000% 5.000% 5.000% 1.310%

11/1/16 5/1/17 5/1/18 5/1/19 5/1/20 7/1/18 7/1/20 7/1/17 7/1/17 12/1/19 12/1/17 12/1/19 12/1/20 12/1/18 12/1/19 12/1/20 12/1/21 12/1/22 1/1/18 (Prere.) 1/1/19 7/1/22 10/1/18 10/1/20 10/1/21 12/1/17 3/1/20 3/1/22 12/1/16 5/1/18 5/1/19 6/1/22 11/1/18

26,975 1,860 1,960 2,050 2,150 22,000 1,160 14,000 20,000 3,725 10,000 2,500 2,500 1,250 1,360 2,085 2,265 4,000 35,000 12,835 5,330 1,400 1,000 1,000 4,000 4,000 1,250 1,080 7,935 8,385 15,755 6,750

26,975 1,898 2,072 2,239 2,415 23,492 1,321 14,402 20,574 3,672 9,969 2,790 2,879 1,327 1,479 2,395 2,668 4,836 36,796 13,944 6,399 1,505 1,143 1,172 4,171 4,508 1,480 1,083 8,431 9,231 18,942 6,751

Limited-Term Tax-Exempt Fund

3 1 1 1 1 1

Seattle WA Municipal Light & Power Revenue PUT Skagit County WA Public Hospital District Revenue Skagit County WA Public Hospital District Revenue Skagit County WA Public Hospital District Revenue Skagit County WA Public Hospital District Revenue Skagit County WA Public Hospital District Revenue Snohomish County WA School District No. 15 (Edmonds) GO Snohomish County WA School District No. 4 (Lake Stevens) GO Snohomish County WA School District No. 4 (Lake Stevens) GO Tobacco Settlement Authority Washington Revenue University of Washington Revenue University of Washington Revenue Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington Economic Development Finance Authority Lease Revenue (Washington Biomedical Research Properties 2) Washington Economic Development Finance Authority Lease Revenue (Washington Biomedical Research Properties 2) Washington Economic Development Finance Authority Solid Waste Disposal Revenue (Waste Management Inc. Project) PUT Washington Federal Highway Grant Anticipation Revenue (520 Corridor Program) Washington Federal Highway Grant Anticipation Revenue (520 Corridor Program) Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington Health Care Facilities Authority Revenue (Central Washington Health Services Association) Washington Health Care Facilities Authority Revenue (Central Washington Health Services Association) Washington Health Care Facilities Authority Revenue (Central Washington Health Services Association) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (PeaceHealth) Washington Health Care Facilities Authority Revenue (PeaceHealth) Washington Health Care Facilities Authority Revenue (Providence Health & Services) Washington Health Care Facilities Authority Revenue (Providence Health & Services) Washington Health Care Facilities Authority Revenue (Providence Health & Services) Washington Health Care Facilities Authority Revenue (Providence Health & Services) Washington Health Care Facilities Authority Revenue (Providence Health & Services) PUT Washington Health Care Facilities Authority Revenue (Seattle Cancer Care Alliance) Washington Health Care Facilities Authority Revenue (Seattle Cancer Care Alliance) Washington Health Care Facilities Authority Revenue (Seattle Cancer Care Alliance) Washington Health Care Facilities Authority Revenue (Seattle Cancer Care Alliance) Washington Housing Finance Commission Multi-Family Housing Revenue (Heron’s Key Obligated Group) Washington State University General Revenue Washington State University General Revenue Washington State University General Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

1.310% 3.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/18 12/1/17 12/1/18 12/1/20 12/1/22 12/1/23 12/1/20 12/1/21 12/1/22 6/1/25 4/1/17 4/1/18 7/1/19 7/1/20 7/1/21

8,250 325 400 1,705 1,340 1,915 1,000 735 700 3,885 6,880 7,225 10,000 41,360 41,175

8,251 330 419 1,831 1,458 2,083 1,148 866 844 3,898 7,005 7,647 11,044 47,109 48,193

5.000%

6/1/18

1,150

1,223

5.000%

6/1/19

850

935

1.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/17 9/1/18 9/1/20 7/1/17 8/1/17 8/1/17 7/1/18 7/1/18 7/1/18 7/1/19 7/1/19 7/1/20 8/1/20 7/1/21 8/1/23

2,525 14,273 9,210 5,000 6,605 11,175 21,220 24,315 15,000 19,770 14,580 9,070 10,000 11,000 14,325

2,531 15,298 10,474 5,145 6,819 11,537 22,670 25,977 16,025 21,835 16,103 10,331 11,416 12,548 17,521

5.000%

7/1/20

875

974

5.000%

7/1/21

1,000

1,133

5.000% 4.000% 5.000% 4.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000%

7/1/22 8/15/19 8/15/19 8/15/20 8/15/20 8/15/21 11/15/20 11/15/21 10/1/17 10/1/18 10/1/19 10/1/22 10/1/21 3/1/19 3/1/20 3/1/21 3/1/22

1,965 850 1,000 1,000 1,380 1,000 1,000 1,000 1,360 700 1,000 1,800 3,085 600 1,105 800 735

2,263 917 1,106 1,100 1,569 1,120 1,142 1,171 1,412 754 1,112 2,161 3,601 649 1,230 874 856

4.875% 5.000% 5.000% 5.000%

1/1/22 4/1/20 4/1/21 4/1/22

3,000 1,100 1,300 1,400

3,004 1,243 1,509 1,661 626,034

West Virginia (0.2%) Mason County WV Pollution Control Revenue (Appalachian Power Co. Project) PUT West Virginia Economic Development Authority Pollution Control Revenue (American Electric Power Co. Inc.) West Virginia Economic Development Authority Solid Waste Facilities Disposal Revenue (Appalachian Power Co. - Amos Project) PUT

114

1.625%

10/1/18

6,000

6,028

3.250%

5/1/19

10,000

10,336

1.900%

4/1/19

5,000

5,018

Limited-Term Tax-Exempt Fund

3

West Virginia GO West Virginia University Revenue West Virginia University Revenue PUT West Virginia Water Development Authority Infrastructure Excess Lottery Revenue (Chesapeake Bay/Greenbrier River Projects)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 1.160%

6/1/22 10/1/18 10/1/19

11,010 1,300 3,500

13,165 1,399 3,494

5.000%

7/1/21

750

876 40,316

Wisconsin (1.2%) Madison WI Community Development Authority Revenue (Wisconsin Alumni Research Project) Milwaukee WI GO Milwaukee WI GO Milwaukee WI Sewerage System Revenue Milwaukee WI Sewerage System Revenue Milwaukee WI Sewerage System Revenue University of Wisconsin Hospitals & Clinics Authority Revenue University of Wisconsin Hospitals & Clinics Authority Revenue Wisconsin Clean Water Revenue Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin Health & Educational Facilities Authority Health Facilities Revenue (Iowa Health System Obligated Group) Wisconsin Health & Educational Facilities Authority Health Facilities Revenue (Iowa Health System Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Alliance Credit Group) PUT Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) PUT Wisconsin Health & Educational Facilities Authority Revenue (Hospital Sisters Services Inc. Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Hospital Sisters Services Inc. Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Hospital Sisters Services Inc. Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Hospital Sisters Services Inc. Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Hospital Sisters Services Inc. Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Hospital Sisters Services Inc. Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Hospital Sisters Services Inc. Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Hospital Sisters Services Inc. Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) Wisconsin Health & Educational Facilities Authority Revenue (Marshfield Clinic Health System Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Marshfield Clinic Health System Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Marshfield Clinic Health System Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Marshfield Clinic Health System Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Ministry Health Care Inc.) Wisconsin Health & Educational Facilities Authority Revenue (Ministry Health Care Inc.) Wisconsin Health & Educational Facilities Authority Revenue (ThedaCare Inc. Obligated Group)

115

5.000% 2.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

10/1/17 10/1/17 5/1/18 6/1/21 6/1/22 6/1/23 4/1/18 4/1/20 6/1/22 5/1/17 5/1/17 (ETM) 5/1/17 5/1/17 (ETM) 11/1/17 11/1/18 5/1/19 5/1/19 11/1/19 5/1/20 11/1/20 5/1/24

3,370 53,750 11,655 3,440 3,615 3,800 750 660 5,500 7,000 4,700 3,240 160 4,500 11,000 5,000 5,000 3,100 5,250 7,400 9,045

3,498 54,345 12,370 4,007 4,310 4,612 794 744 6,576 7,153 4,801 3,311 163 4,692 11,897 5,499 5,499 3,467 5,961 8,524 10,760

5.000%

12/1/18

850

919

5.000%

12/1/20

820

938

5.000% 5.000% 5.000% 5.000%

6/1/20 7/15/17 7/15/17 7/15/19

34,460 5,025 1,000 1,160

38,972 5,158 1,026 1,269

1.250%

8/15/17

6,250

6,264

4.000%

8/15/17

1,000

1,025

5.000%

8/15/18

1,000

1,070

5.000%

11/15/18

750

810

4.000%

8/15/19

1,500

1,618

5.000%

11/15/19

1,500

1,672

5.000%

8/15/20

5,335

6,064

5.000%

11/15/20

2,275

2,605

5.000% 5.000% 5.000% 5.000%

11/15/21 10/1/21 10/1/22 10/1/23

2,485 630 350 325

2,919 735 417 394

5.000%

2/15/20

1,840

2,039

5.000%

2/15/21

1,990

2,255

5.000%

2/15/22

2,100

2,422

2,130 3,740 730 525

2,492 4,013 783 527

5.000% 5.000% 5.000% 4.000%

2/15/23 8/15/18 (Prere.) 8/15/18 (ETM) 12/15/16

Limited-Term Tax-Exempt Fund

Wisconsin Health & Educational Facilities Authority Revenue (ThedaCare Inc. Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (ThedaCare Inc. Obligated Group) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Lease Development Revenue (Central District Development Project) Wisconsin Public Finance Authority Lease Development Revenue (Central District Development Project) Wisconsin Public Finance Authority Lease Development Revenue (Central District Development Project) Wisconsin Public Finance Authority Lease Development Revenue (Central District Development Project) Wisconsin Public Finance Authority Revenue (Church Home of Hartford Inc.)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

12/15/18 12/15/21 6/1/18 6/1/19 6/1/20 6/1/21 6/1/21 6/1/22 6/1/22 6/1/23 6/1/24

500 800 1,495 2,130 4,685 4,830 1,570 3,085 1,525 375 1,475

541 938 1,586 2,332 5,281 5,574 1,812 3,631 1,795 448 1,782

5.000%

3/1/20

900

1,006

5.000%

3/1/21

900

1,030

5.000%

3/1/22

1,375

1,607

5.000% 4.000%

3/1/23 9/1/20

1,400 425

1,667 446 282,865

Total Tax-Exempt Municipal Bonds (Cost $23,935,407)

24,167,220 Shares

Temporary Cash Investment (2.0%) Money Market Fund (2.0%) Vanguard Municipal Cash Management Fund (Cost $477,373)

0.614%

5

Total Investments (102.9%) (Cost $24,412,780)

4,773,744

477,374 24,644,594 Amount ($000)

Other Assets and Liabilities (-2.9%) Other Assets Investment in Vanguard Receivables for Investment Securities Sold Receivables for Accrued Income Receivables for Capital Shares Issued Other Assets4

1,819 48,686 234,651 20,967 3,086

Total Other Assets

309,209

Liabilities Payables for Investment Securities Purchased Payables for Capital Shares Redeemed Payables for Distributions Payables to Vanguard Other Liabilities

(950,322) (25,442) (7,966) (12,882) (634)

Total Liabilities

(997,246)

Net Assets (100%)

23,956,557

116

Limited-Term Tax-Exempt Fund

At October 31, 2016, net assets consisted of: Amount ($000) Paid-in Capital Undistributed Net Investment Income Accumulated Net Realized Losses Unrealized Appreciation (Depreciation) Investment Securities Futures Contracts

23,807,212 32 (82,649)

Net Assets

23,956,557

231,814 148

Investor Shares—Net Assets Applicable to 181,318,761 outstanding $.001 par value shares of beneficial interest (unlimited authorization) Net Asset Value Per Share—Investor Shares

1,997,768 $11.02

Admiral Shares—Net Assets Applicable to 1,992,995,112 outstanding $.001 par value shares of beneficial interest (unlimited authorization) Net Asset Value Per Share—Admiral Shares

21,958,789 $11.02

• 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 October 31, 2016. 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 October 31, 2016, the aggregate value of these securities was $1,475,534,000, representing 6.2% of net assets. 3 Adjustable-rate security. 4 Securities with a value of $3,702,000 and cash of $1,844,000 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.

117

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.

118

Limited-Term Tax-Exempt Fund

Statement of Operations

Statement of Changes in Net Assets

Year Ended October 31, 2016

Year Ended October 31,

($000) Investment Income 376,143

Net Investment Income

Total Income

376,143

Realized Net Gain (Loss)

Expenses The Vanguard Group—Note B Investment Advisory Services

2,409

Management and Administrative— Investor Shares

2,923

Marketing and Distribution— Admiral Shares Custodian Fees

353,847

327,176

Operations

Interest1

Marketing and Distribution— Investor Shares

2015 ($000)

Increase (Decrease) in Net Assets

Income

Management and Administrative— Admiral Shares

2016 ($000)

3,729

3,002

Change in Unrealized Appreciation (Depreciation)

(58,506)

(74,576)

Net Increase (Decrease) in Net Assets Resulting from Operations

299,070

255,602

Distributions Net Investment Income

13,455 547 2,281 226

Investor Shares

(30,355)

(32,569)

Admiral Shares

(323,387)

(294,569)

Investor Shares

—

—

Admiral Shares

—

—

(353,742)

(327,138)

Realized Capital Gain

Total Distributions Capital Share Transactions

34

Investor Shares

(38,391)

(192,840)

Shareholders’ Reports—Investor Shares

175

Admiral Shares

2,975,197

1,477,195

Shareholders’ Reports—Admiral Shares

235

Net Increase (Decrease) from Capital Share Transactions

2,936,806

1,284,355

Total Increase (Decrease)

2,882,134

1,212,819

Auditing Fees

Trustees’ Fees and Expenses Total Expenses Net Investment Income

11 22,296 353,847

Realized Net Gain (Loss) Investment Securities Sold1

2,713

Futures Contracts

1,016

Realized Net Gain (Loss)

3,729

Net Assets Beginning of Period

21,074,423

19,861,604

End of Period1

23,956,557

21,074,423

1 Net Assets—End of Period includes undistributed (overdistributed) net investment income of $32,000 and $4,000.

Change in Unrealized Appreciation (Depreciation) Investment Securities Futures Contracts Change in Unrealized Appreciation (Depreciation) Net Increase (Decrease) in Net Assets Resulting from Operations

(58,658) 152 (58,506) 299,070

1 Interest income and realized net gain (loss) from an affiliated company of the fund were $1,890,000 and $1,000, respectively.

See accompanying Notes, which are an integral part of the Financial Statements. 119

Limited-Term Tax-Exempt Fund

Financial Highlights Investor Shares For a Share Outstanding Throughout Each Period Net Asset Value, Beginning of Period

Year Ended October 31, 2016

2015

2014

2013

2012

$11.04

$11.08

$11.06

$11.18

$11.07

Investment Operations Net Investment Income

.164

.166

Net Realized and Unrealized Gain (Loss) on Investments

.178

.186

(.020)

Total from Investment Operations

.144 (.164)

.212

(.040)

.020

(.120)

.110

.126

.198

.066

.322

(.166)

(.178)

(.186)

(.212)

Distributions Dividends from Net Investment Income Distributions from Realized Capital Gains Total Distributions

—

—

(.164)

(.166)

— (.178)

— (.186)

— (.212)

Net Asset Value, End of Period

$11.02

$11.04

$11.08

$11.06

$11.18

Total Return1

1.31%

1.15%

1.81%

0.60%

2.93%

Net Assets, End of Period (Millions)

$1,998

$2,040

$2,241

$2,364

$2,779

Ratio of Total Expenses to Average Net Assets

0.19%

0.20%

0.20%

0.20%

0.20%

Ratio of Net Investment Income to Average Net Assets

1.48%

1.51%

1.61%

1.67%

1.90%

13%

16%

15%

14%

15%

Ratios/Supplemental Data

Portfolio Turnover Rate

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 For a Share Outstanding Throughout Each Period Net Asset Value, Beginning of Period

Year Ended October 31, 2016

2015

2014

2013

2012

$11.04

$11.08

$11.06

$11.18

$11.07

Investment Operations Net Investment Income

.175

.175

.187

.195

Net Realized and Unrealized Gain (Loss) on Investments

.221

(.020)

(.040)

.020

(.120)

.110

Total from Investment Operations

.155

.135

.207

.075

.331

(.175)

(.175)

(.187)

(.195)

(.221)

Distributions Dividends from Net Investment Income Distributions from Realized Capital Gains Total Distributions

—

—

(.175)

(.175)

— (.187)

— (.195)

— (.221)

Net Asset Value, End of Period

$11.02

$11.04

$11.08

$11.06

$11.18

Total Return1

1.41%

1.23%

1.89%

0.68%

3.01%

Ratios/Supplemental Data $21,959

$19,035

$17,621

$15,276

$13,970

Ratio of Total Expenses to Average Net Assets

Net Assets, End of Period (Millions)

0.09%

0.12%

0.12%

0.12%

0.12%

Ratio of Net Investment Income to Average Net Assets

1.58%

1.59%

1.69%

1.75%

1.98%

13%

16%

15%

14%

15%

Portfolio Turnover Rate

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. 120

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 acquired over 60 days to maturity 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. Other temporary cash investments are valued at amortized cost, which approximates market 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 year ended October 31, 2016, the fund’s average investments in long and short futures contracts each represented less than 1% and 0% 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 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.

121

Limited-Term Tax-Exempt Fund

The fund had no borrowings outstanding at October 31, 2016, or at any time during the period then ended. 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 October 31, 2016, the fund had contributed to Vanguard capital in the amount of $1,819,000, representing 0.01% of the fund’s net assets and 0.73% 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 October 31, 2016, based on the inputs used to value them: Level 1 ($000)

Level 2 ($000)

Level 3 ($000)

Tax-Exempt Municipal Bonds

—

24,167,220

—

Temporary Cash Investments

477,374

—

—

Futures Contracts—Assets1

306

—

—

Futures Contracts—Liabilities1

(320)

—

—

477,360

24,167,220

—

Investments

Total

1 Represents variation margin on the last day of the reporting period for recently closed futures contracts.

D. At October 31, 2016, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were: ($000)

Futures Contracts 10-Year U.S. Treasury Note

Expiration

Number of Long (Short) Contracts

Aggregate Settlement Value Long (Short)

Unrealized Appreciation (Depreciation)

December 2016

907

117,570

148

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

122

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 used capital loss carryforwards of 3,170,000 to offset taxable capital gains realized during the year ended October 31, 2016. At October 31, 2016, the fund had available capital losses totaling $81,990,000 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. Capital loss carryforwards of $2,743,000 expired on October 31, 2016; accordingly, such losses have been reclassified from accumulated net realized losses to paid-in capital. At October 31, 2016, the cost of investment securities for tax purposes was $24,413,291,000. Net unrealized appreciation of investment securities for tax purposes was $231,303,000, consisting of unrealized gains of $271,120,000 on securities that had risen in value since their purchase and $39,817,000 in unrealized losses on securities that had fallen in value since their purchase. F. During the year ended October 31, 2016, the fund purchased $5,183,119,000 of investment securities and sold $2,545,098,000 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 year ended October 31, 2016, such purchases and sales were $1,279,902,000 and $754,616,000, 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: Year Ended October 31, 2016

2015

Amount ($000)

Shares (000)

Amount ($000)

Shares (000)

678,994

61,395

627,205

56,868

24,711

2,234

26,273

2,382

(742,096)

(67,088)

(846,318)

(76,753)

(38,391)

(3,459)

(192,840)

(17,503)

7,425,046

671,166

6,609,624

599,271

241,195

21,804

218,176

19,781

(4,691,044)

(424,141)

(5,350,605)

(485,455)

2,975,197

268,829

1,477,195

133,597

Investor Shares Issued Issued in Lieu of Cash Distributions Redeemed Net Increase (Decrease)—Investor Shares Admiral Shares Issued Issued in Lieu of Cash Distributions Redeemed Net Increase (Decrease)—Admiral Shares

H. Management has determined that no material events or transactions occurred subsequent to October 31, 2016, that would require recognition or disclosure in these financial statements.

123

Intermediate-Term Tax-Exempt Fund Fund Profile As of October 31, 2016

Share-Class Characteristics

Largest Area Concentrations2

Distribution by Stated Maturity (% of portfolio)

Investor Shares

Admiral Shares

New York

15.5%

Under 1 Year

Ticker Symbol

VWITX

VWIUX

California

11.6

1–3 Years

Expense Ratio1

0.20%

0.12%

Texas

10.3

3–5 Years

13.2

30-Day SEC Yield

1.50%

1.62%

Illinois

5.9

5–10 Years

28.4

Florida

5.3

10–20 Years

39.1

Pennsylvania

4.8

20–30 Years

0.6

Michigan

3.6

Over 30 Years

0.1

Maryland

3.3

Financial Attributes Bloomberg Barclays Bloomberg 1–15 Year Barclays Municipal Municipal Bond Bond Fund Index Index Number of Bonds

6,292

40,240

49,796

Yield to Maturity (before expenses)

1.7%

1.7%

2.0%

Average Coupon Average Duration Average Stated Maturity Short-Term Reserves

4.6% 5.0 years 8.6 years 4.0%

4.8% 4.7 years

New Jersey

3.3

Massachusetts

3.1

Top Ten

Volatility Measures Bloomberg Barclays Municipal Bond Index

R-Squared

0.98

0.98

Beta

1.08

0.89

4.8% 5.9 years

—

Distribution by Credit Quality (% of portfolio) AAA

21.3%

AA

53.9

A

18.2

BBB

Bloomberg Barclays 1–15 Year Municipal Bond Index

7.9 years 12.9 years —

66.7%

5.9% 12.7

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

4.9

BB

0.1

B or Lower

0.4

Not Rated

1.2

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 Short Med.

Average Maturity Credit Quality

Long

High Medium Low

1 The expense ratios shown are from the prospectus dated February 26, 2016, and represent estimated costs for the current fiscal year. For the fiscal year ended October 31, 2016, the expense ratios were 0.19% for Investor Shares and 0.09% for Admiral Shares. 2 Percentage of net assets, excluding any futures contracts. 124

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.

Cumulative Performance: October 31, 2006–October 31, 2016 Initial Investment of $10,000 $18,000 15,095

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

Average Annual Total Returns Periods Ended October 31, 2016

6,000

One Year

Five Years

Ten Years

Final Value of a $10,000 Investment

Intermediate-Term Tax-Exempt Fund Investor Shares

3.63%

3.87%

4.20%

$15,095

Bloomberg Barclays 1–15 Year Municipal Bond Index

3.10

3.51

4.28

Intermediate Municipal Funds Average1

3.32

3.13

3.55

14,170

Bloomberg Barclays Municipal Bond Index

4.06

4.34

4.57

15,637

15,199

One Year

Five Years

Ten Years

Final Value of a $50,000 Investment

Intermediate-Term Tax-Exempt Fund Admiral Shares

3.73%

3.95%

4.29%

$76,081

Bloomberg Barclays 1–15 Year Municipal Bond Index

3.10

3.51

4.28

75,994

Bloomberg Barclays Municipal Bond Index

4.06

4.34

4.57

78,184

1 Derived from data provided by Lipper, a Thomson Reuters Company. See Financial Highlights for dividend and capital gains information. 125

Intermediate-Term Tax-Exempt Fund

Fiscal-Year Total Returns (%): October 31, 2006–October 31, 2016

Total Returns

Bloomberg Barclays 1–15 Year Municipal Bond Index Total Returns

2.74%

3.45%

Investor Shares Income Returns

Fiscal Year

Capital Returns

2007

4.16%

-1.42%

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

Average Annual Total Returns: Periods Ended September 30, 2016 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 Investor Shares

9/1/1977

Admiral Shares

2/12/2001

One Year Five Years

Income

Capital

Total

4.87%

3.96%

3.54%

0.80%

4.34%

4.97

4.05

3.62

0.80

4.42

126

Intermediate-Term Tax-Exempt Fund

Financial Statements Statement of Net Assets As of October 31, 2016

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).

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/1/20 6/1/21 9/1/30 9/1/24 9/1/24 9/1/30 9/1/31 9/1/32 12/1/17 12/1/17 12/1/17 12/1/17 5/1/19 5/1/21 6/1/17 6/1/17 6/1/31 6/1/26 6/1/27 6/1/28 6/1/29 6/1/30 6/1/32 3/1/32 1/1/25 1/1/25 1/1/26 1/1/27 1/1/27 1/1/32 1/1/33 6/1/21 7/1/24 7/1/25 7/1/26 7/1/30 7/1/31 7/1/32 5/1/21 9/1/21 3/1/26 5/1/33 11/1/25 11/1/27 11/1/28

1,000 1,500 7,950 2,520 3,695 6,905 7,245 7,000 60,660 62,600 13,595 58,350 1,820 4,895 1,550 3,160 3,000 1,500 1,750 2,750 3,000 6,335 2,005 5,000 1,000 1,540 1,755 3,920 1,460 4,780 4,000 9,000 3,900 1,290 1,345 2,440 5,135 5,090 2,050 2,245 295 2,950 1,500 1,580 1,500

1,123 1,722 9,537 2,764 4,059 7,966 8,328 8,014 63,445 65,474 14,219 61,029 1,998 5,694 1,589 3,239 3,535 1,830 2,118 3,306 3,582 7,518 2,359 5,683 1,239 1,894 2,191 4,939 1,826 5,785 4,821 9,905 4,568 1,519 1,595 2,775 5,797 5,700 2,394 2,647 343 3,371 1,879 1,946 1,838

5.000%

2/1/18

2,830

2,942

5.250%

2/1/19

2,415

2,593

5.250%

2/1/20

2,845

3,135

5.250%

2/3/20 (Prere.)

3,630

4,115

5.250%

2/3/20 (Prere.)

5,450

6,178

Tax-Exempt Municipal Bonds (99.1%) Alabama (0.8%) Alabama 21st Century Authority Tobacco Settlement Revenue Alabama 21st Century Authority Tobacco Settlement Revenue Alabama Federal Aid Highway Finance Authority Special Obligation Revenue Alabama Incentives Financing Authority Special Obligation Revenue Alabama Incentives Financing Authority Special Obligation Revenue Alabama Incentives Financing Authority Special Obligation Revenue Alabama Incentives Financing Authority Special Obligation Revenue Alabama Incentives Financing Authority Special Obligation Revenue Alabama Public School & College Authority Capital Improvement Revenue Alabama Public School & College Authority Capital Improvement Revenue Alabama Public School & College Authority Capital Improvement Revenue Alabama Public School & College Authority Capital Improvement Revenue Alabama Public School & College Authority Capital Improvement Revenue Alabama Public School & College Authority Capital Improvement Revenue Auburn University Alabama General Fee Revenue Auburn University Alabama General Fee Revenue Auburn University Alabama General Fee Revenue Baldwin County AL Board of Education Revenue Baldwin County AL Board of Education Revenue Baldwin County AL Board of Education Revenue Baldwin County AL Board of Education Revenue Baldwin County AL Board of Education Revenue Baldwin County AL Board of Education Revenue Birmingham AL GO Birmingham AL Water Works Board Water Revenue Birmingham AL Water Works Board Water Revenue Birmingham AL Water Works Board Water Revenue Birmingham AL Water Works Board Water Revenue Birmingham AL Water Works Board Water Revenue Birmingham AL Water Works Board Water Revenue Birmingham AL Water Works Board Water Revenue Black Belt Energy Gas District Alabama Gas Supply Revenue PUT Hoover AL GO Hoover AL GO Hoover AL GO Hoover AL GO Hoover AL GO Hoover AL GO Huntsville AL GO Huntsville AL GO Huntsville AL GO Huntsville AL GO Huntsville AL Water System Revenue Huntsville AL Water System Revenue Huntsville AL Water System Revenue Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama (Infirmary Health System Inc.) Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama (Infirmary Health System Inc.) Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama (Infirmary Health System Inc.) Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama (Infirmary Health System Inc.) Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama (Infirmary Health System Inc.)

(Prere.) (Prere.) (Prere.) (Prere.)

(Prere.) (Prere.)

Revenue Revenue Revenue Revenue Revenue

127

Intermediate-Term Tax-Exempt Fund

Jefferson County AL Sewer Revenue Jefferson County AL Sewer Revenue Jefferson County AL Sewer Revenue Jefferson County AL Sewer Revenue Jefferson County AL Sewer Revenue Mobile AL Industrial Development Board Pollution Control Revenue (Alabama Power Co.) PUT Mobile County AL Board of School Commissioners GO Mobile County AL Board of School Commissioners GO Mobile County AL Board of School Commissioners GO Mobile County AL Board of School Commissioners GO Mobile County AL Board of School Commissioners GO Mobile County AL Board of School Commissioners GO University of Alabama General Revenue University of South Alabama University Facilities Revenue University of South Alabama University Facilities Revenue University of South Alabama University Facilities Revenue University of South Alabama University Facilities Revenue University of South Alabama University Facilities Revenue University of South Alabama University Facilities Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 0.000% 0.000% 0.000% 1.650% 2.000% 2.000% 3.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

10/1/22 10/1/23 10/1/26 10/1/27 10/1/28 3/20/17 3/1/17 3/1/18 3/1/19 3/1/29 3/1/30 3/1/31 7/1/21 11/1/24 11/1/25 11/1/27 11/1/28 11/1/29 11/1/33

1,730 7,000 1,000 1,410 1,500 8,700 350 500 550 3,565 2,500 3,000 10,530 1,535 1,700 2,010 2,110 1,110 5,110

1,903 7,762 703 927 921 8,726 352 507 575 4,323 3,008 3,590 12,325 1,872 2,091 2,477 2,575 1,346 6,065

(4) (4) (4)

(4) (4) (4) (4) (4) (4)

440,114 Alaska (0.1%) Alaska GO Alaska GO Alaska Housing Finance Corp. General Housing Revenue Alaska Housing Finance Corp. General Housing Revenue Alaska Housing Finance Corp. General Housing Revenue Alaska Municipal Bond Bank Authority Revenue Anchorage AK Electric Utility Revenue Anchorage AK Electric Utility Revenue Anchorage AK GO Matanuska-Susitna Borough AK GO Matanuska-Susitna Borough AK Lease Revenue (Goose Creek Correctional Center) GO Matanuska-Susitna Borough AK Lease Revenue (Goose Creek Correctional Center) GO Northern Alaska Tobacco Securitization Corp. Revenue

4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.625%

8/1/18 8/1/24 12/1/25 12/1/26 12/1/29 2/1/32 12/1/26 12/1/34 9/1/20 3/1/17 9/1/31 9/1/32 6/1/23

1,200 5,000 3,075 5,330 2,000 4,845 2,350 4,500 3,900 3,595 15,000 5,000 9,495

1,265 6,071 3,639 6,289 2,306 5,587 2,852 5,254 4,442 3,647 17,656 5,860 9,644 74,512

Arizona (2.0%) Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board of Regents Arizona State University System Revenue Arizona Board Regents Arizona State University System COP Arizona Board Regents Arizona State University System Revenue Arizona Board Regents Arizona State University System Revenue Arizona Board Regents Arizona State University System Revenue Arizona Board Regents Arizona State University System Revenue Arizona Board Regents Arizona State University System Revenue Arizona Board Regents Arizona State University System Revenue Arizona Board Regents Arizona State University System Revenue Arizona Board Regents Arizona State University System Revenue Arizona COP Arizona COP Arizona COP Arizona COP Arizona COP Arizona COP Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) Arizona Health Facilities Authority Revenue (Banner Health) Arizona Health Facilities Authority Revenue (Banner Health) 1 Arizona Health Facilities Authority Revenue (Phoenix Children’s Hospital) PUT Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) Arizona Lottery Revenue

128

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 2.480% 5.000% 5.000% 5.000% 5.000%

7/1/31 7/1/32 7/1/33 7/1/34 7/1/34 7/1/35 7/1/36 7/1/20 7/1/18 6/1/19 7/1/27 7/1/28 7/1/28 7/1/28 6/1/31 6/1/32 9/1/17 3/1/18 3/1/18 9/1/18 10/1/19 9/1/20 2/1/21 2/1/22 2/1/23 2/1/27 1/1/18 1/1/18 2/5/20 12/1/23 12/1/24 12/1/25 7/1/22

(14) (Prere.) (Prere.)

(Prere.) (Prere.)

(Prere.) (Prere.)

(4)

725 875 700 1,000 4,300 600 3,125 5,120 1,135 2,545 1,115 3,510 1,860 1,000 1,000 1,290 1,250 10,000 5,000 1,275 3,335 1,700 3,480 3,100 5,000 6,500 7,500 10,000 12,500 1,000 1,500 3,750 18,000

872 1,048 834 1,188 5,124 711 3,704 5,257 1,232 2,804 1,322 4,303 2,280 1,183 1,161 1,495 1,283 10,550 5,275 1,368 3,703 1,937 3,969 3,612 5,763 7,317 7,844 10,459 12,720 1,223 1,858 4,604 20,107

Intermediate-Term Tax-Exempt Fund

2

3

3

3

Arizona Lottery Revenue Arizona Lottery Revenue Arizona Lottery Revenue Arizona School Facilities Board COP Arizona School Facilities Board COP Arizona School Facilities Board COP Arizona School Facilities Board COP Arizona State University Revenue (McAllister Academic Village LLC) Arizona State University Revenue (McAllister Academic Village LLC) Arizona State University Revenue (McAllister Academic Village LLC) Arizona State University Revenue (McAllister Academic Village LLC) Arizona Transportation Board Excise Tax Revenue Arizona Transportation Board Excise Tax Revenue Arizona Transportation Board Excise Tax Revenue Arizona Transportation Board Excise Tax Revenue Arizona Transportation Board Excise Tax Revenue (Maricopa County Regional Area) Arizona Transportation Board Excise Tax Revenue (Maricopa County Regional Area) Arizona Transportation Board Excise Tax Revenue (Maricopa County Regional Area) Arizona Transportation Board Excise Tax Revenue (Maricopa County Regional Area) Arizona Transportation Board Excise Tax Revenue (Maricopa County Regional Area) Arizona Transportation Board Excise Tax Revenue (Maricopa County Regional Area) Arizona Transportation Board Excise Tax Revenue (Maricopa County Regional Area) Arizona Transportation Board Highway Revenue Arizona Transportation Board Highway Revenue Arizona Transportation Board Highway Revenue Arizona Transportation Board Highway Revenue Arizona Transportation Board Highway Revenue Arizona Transportation Board Highway Revenue Arizona Transportation Board Highway Revenue Arizona Transportation Board Highway Revenue Arizona Transportation Board Highway Revenue Arizona Transportation Board Highway Revenue Arizona Transportation Board Highway Revenue Arizona Water Infrastructure Finance Authority Revenue Arizona Water Infrastructure Finance Authority Revenue Chandler AZ GO Chandler AZ GO Chandler AZ GO Gilbert AZ Waterworks & Sewer System Revenue Gilbert AZ Waterworks & Sewer System Revenue Glendale AZ Industrial Development Authority Revenue (Midwestern University) Glendale AZ Industrial Development Authority Revenue (Midwestern University) Glendale AZ Industrial Development Authority Revenue (Midwestern University) Glendale AZ Industrial Development Authority Revenue (Midwestern University) Glendale AZ Industrial Development Authority Revenue (Midwestern University) Glendale AZ Industrial Development Authority Revenue (Midwestern University) Glendale AZ Industrial Development Authority Revenue (Midwestern University) Glendale AZ Industrial Development Authority Revenue (Midwestern University) Glendale AZ Industrial Development Authority Revenue (Midwestern University) Glendale AZ Industrial Development Authority Revenue (Midwestern University) Glendale AZ Senior Excise Tax Revenue Glendale AZ Senior Excise Tax Revenue Glendale AZ Senior Excise Tax Revenue Glendale AZ Senior Excise Tax Revenue Glendale AZ Senior Excise Tax Revenue Glendale AZ Senior Excise Tax Revenue Glendale AZ Transportation Excise Tax Revenue Goodyear Public Improvement Corp. Municipal Facilities Revenue Goodyear Public Improvement Corp. Municipal Facilities Revenue Goodyear Public Improvement Corp. Municipal Facilities Revenue Goodyear Public Improvement Corp. Municipal Facilities Revenue Goodyear Public Improvement Corp. Municipal Facilities Revenue Maricopa County AZ Community College District GO Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group)

129

Face Amount ($000)

Market Value• ($000)

15,000 15,000 13,975 21,000 13,000 5,000 2,650 1,605 2,900 2,000 2,500 1,000 10,000 12,000 27,590 10,085 11,500 16,300 10,000 7,540 10,000 9,940 5,000 5,000 4,550 8,500 7,580 6,390 6,000 11,905 10,525 2,955 7,680 3,500 6,000 3,390 3,400 4,250 1,750 2,500 3,325 2,000 1,500 1,500 3,500 3,805 3,750 2,890 5,000 14,000 4,185 2,770 2,990 3,140 8,745 6,415 4,235 1,455 1,695 1,775 1,500 1,400 9,495

16,706 16,682 15,519 21,721 13,922 5,387 2,932 1,965 3,451 2,370 2,956 1,172 11,994 14,676 34,299 10,373 11,828 16,765 10,285 7,755 10,285 11,325 5,342 5,342 5,391 10,205 9,128 8,012 7,442 14,630 12,883 3,606 9,349 4,018 7,248 3,895 4,179 5,322 2,213 3,168 3,504 2,170 1,667 1,660 3,876 4,214 4,139 3,190 5,501 15,479 4,613 3,141 3,476 3,735 10,401 7,597 4,354 1,604 1,922 1,970 1,653 1,543 11,128

Coupon

Maturity Date

5.000% 5.000% 5.000% 5.000% 5.000% 5.125% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 5.000%

7/1/24 7/1/25 7/1/26 9/1/17 9/1/18 9/1/18 9/1/19 7/1/24 7/1/34 7/1/35 7/1/36 7/1/21 7/1/22 7/1/23 7/1/24 7/1/17 7/1/17 7/1/17 7/1/17 7/1/17 7/1/17 7/1/20 7/1/18 7/1/18 7/1/21 7/1/22 7/1/22 7/1/24 7/1/25 7/1/33 7/1/34 7/1/35 7/1/36 10/1/20 10/1/22 7/1/22 7/1/23 7/1/24 7/1/25 7/1/27 5/15/18 5/15/19 5/15/20 5/15/21 5/15/22 5/15/23 5/15/25 5/15/26 5/15/27 5/15/30 7/1/19 7/1/20 7/1/21 7/1/22 7/1/30 7/1/31 7/1/17 7/1/19 7/1/20 7/1/30 7/1/31 7/1/31 7/1/21

5.000%

1/1/27

8,000

9,957

5.000%

1/1/28

31,605

39,304

4.000%

1/1/32

12,000

12,856

(4) (4) (4)

(Prere.)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(Prere.)

Intermediate-Term Tax-Exempt Fund

4

Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Catholic Healthcare West) Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Catholic Healthcare West) Maricopa County AZ Regional Public Transportation Authority Excise Tax Revenue Maricopa County AZ School District No. 28 (Kyrene Elementary) GO Maricopa County AZ School District No. 28 (Kyrene Elementary) GO Maricopa County AZ School District No. 28 (Kyrene Elementary) GO Maricopa County AZ School District No. 28 (Kyrene Elementary) GO Maricopa County AZ Unified School District GO Mesa AZ Excise Tax Revenue Mesa AZ Utility System Revenue Mesa AZ Utility System Revenue Mesa AZ Utility System Revenue Mesa AZ Utility System Revenue TOB VRDO Phoenix AZ Civic Improvement Corp. Airport Revenue Phoenix AZ Civic Improvement Corp. Airport Revenue Phoenix AZ Civic Improvement Corp. Airport Revenue Phoenix AZ Civic Improvement Corp. Airport Revenue Phoenix AZ Civic Improvement Corp. Airport Revenue Phoenix AZ Civic Improvement Corp. Excise Tax Revenue Phoenix AZ Civic Improvement Corp. Excise Tax Revenue Phoenix AZ Civic Improvement Corp. Wastewater System Revenue Phoenix AZ Civic Improvement Corp. Water System Revenue Phoenix AZ Civic Improvement Corp. Water System Revenue Phoenix AZ Civic Improvement Corp. Water System Revenue Phoenix AZ Civic Improvement Corp. Water System Revenue Phoenix AZ Civic Improvement Corp. Water System Revenue Phoenix AZ Civic Improvement Corp. Water System Revenue Phoenix AZ Civic Improvement Corp. Water System Revenue Phoenix AZ GO Phoenix AZ GO Phoenix AZ GO Phoenix AZ GO Phoenix AZ GO Phoenix AZ GO Pima County AZ GO Pima County AZ GO Pima County AZ Industrial Development Authority Revenue (Tucson Electric Power Co. Project) Pima County AZ Regional Transportation Authority Excise Tax Revenue Pima County AZ Regional Transportation Authority Excise Tax Revenue Pima County AZ Regional Transportation Authority Excise Tax Revenue Pima County AZ Sewer Revenue Pima County AZ Sewer Revenue Pima County AZ Sewer Revenue Pima County AZ Tucson Unified School District No. 1 GO Pima County AZ Tucson Unified School District No. 1 GO Pima County AZ Tucson Unified School District No. 1 GO Regional Public Transportation Authority Arizona Excise Tax Revenue (Maricopa County Public Transportation) Regional Public Transportation Authority Arizona Excise Tax Revenue (Maricopa County Public Transportation) Regional Public Transportation Authority Arizona Excise Tax Revenue (Maricopa County Public Transportation) Salt River Project Arizona Agricultural Improvement & Power District Revenue Salt River Project Arizona Agricultural Improvement & Power District Revenue Salt River Project Arizona Agricultural Improvement & Power District Revenue Salt River Project Arizona Agricultural Improvement & Power District Revenue Salt Verde AZ Financial Corp. Gas Revenue Salt Verde AZ Financial Corp. Gas Revenue Salt Verde AZ Financial Corp. Gas Revenue Salt Verde AZ Financial Corp. Gas Revenue Salt Verde AZ Financial Corp. Gas Revenue Salt Verde AZ Financial Corp. Gas Revenue Salt Verde AZ Financial Corp. Gas Revenue Salt Verde AZ Financial Corp. Gas Revenue Scottsdale AZ GO Scottsdale AZ GO Scottsdale AZ Municipal Property Corp. Excise Tax Revenue Tucson AZ GO

130

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

7/1/17

10,000

10,268

5.000% 5.000% 4.000% 5.250% 5.500% 5.500% 5.000% 5.000% 5.000% 5.000% 4.000% 0.670% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.750% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 2.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/18 7/1/19 7/1/20 7/1/28 7/1/29 7/1/30 7/1/22 7/1/27 7/1/19 7/1/21 7/1/32 11/7/16 7/1/23 7/1/24 7/1/27 7/1/28 7/1/30 7/1/20 7/1/24 7/1/24 7/1/20 7/1/22 7/1/23 7/1/24 7/1/25 7/1/26 7/1/27 7/1/17 7/1/20 7/1/23 7/1/24 7/1/25 7/1/26 7/1/18 7/1/21 9/1/29 6/1/22 6/1/23 6/1/26 7/1/21 7/1/24 7/1/25 7/1/24 7/1/25 7/1/26

6,000 6,220 1,355 690 480 375 8,450 4,000 10,000 11,900 6,700 595 5,000 2,235 9,530 9,555 13,330 5,165 7,805 2,500 3,010 11,000 7,000 7,770 9,000 7,000 2,500 950 4,200 1,400 3,000 5,000 4,000 3,000 6,000 12,000 3,000 3,500 3,590 4,400 5,800 5,000 1,040 1,200 1,500

6,157 6,873 1,492 846 597 463 10,135 4,106 11,058 13,911 7,418 595 5,329 2,382 10,150 10,749 14,885 5,308 8,003 2,688 3,435 13,193 8,561 9,659 11,097 8,572 3,045 977 4,317 1,714 3,734 6,297 5,105 3,052 6,714 13,011 3,587 4,248 4,350 5,154 7,210 6,288 1,282 1,498 1,892

5.250%

7/1/22

2,000

2,424

5.250%

7/1/23

1,000

1,235

1,000 3,775 4,350 10,000 2,750 25 3,770 3,965 8,370 4,510 19,125 2,725 270 3,000 3,000 12,415 1,000

1,240 3,913 4,722 10,466 2,878 28 4,363 4,670 10,060 5,475 23,444 3,354 337 3,616 3,523 14,905 1,104

5.250% 4.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.250% 5.250% 5.250% 5.250% 5.250% 5.250% 5.000% 4.000% 5.000% 5.000%

(Prere.)

(14) (14)

(Prere.)

(15) (15) (15)

7/1/25 1/1/18 1/1/22 1/1/27 1/1/28 12/1/19 12/1/21 12/1/22 12/1/23 12/1/24 12/1/25 12/1/26 12/1/28 7/1/22 7/1/24 7/1/22 7/1/19 (Prere.)

Intermediate-Term Tax-Exempt Fund

Coupon Tucson AZ GO Tucson AZ Water System Revenue University Medical Center Corp. Arizona Hospital Revenue Yavapai County AZ Industrial Development Authority Solid Waste Disposal Revenue (Republic Services Inc.) PUT Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical

5.000% 5.000% 6.250%

Center) Center) Center) Center)

0.700% 5.000% 5.000% 5.000% 5.250%

Maturity Date 7/1/19 (Prere.) 7/1/23 7/1/19 (Prere.) 12/1/16 8/1/24 8/1/25 8/1/32 8/1/32

Face Amount ($000)

Market Value• ($000)

1,000 3,500 1,500

1,104 4,291 1,703

25,000 1,200 1,250 1,000 1,500

25,000 1,439 1,486 1,148 1,751 1,079,589

Arkansas (0.1%) Arkansas Development Finance Authority Hospital Revenue (Washington Regional Medical Center) Arkansas Federal Highway Grant Anticipation & Tax Revenue GO Pulaski County AR Hospital Revenue (Arkansas Children’s Hospital) Pulaski County AR Hospital Revenue (Arkansas Children’s Hospital) Pulaski County AR Hospital Revenue (Arkansas Children’s Hospital) Pulaski County AR Hospital Revenue (Arkansas Children’s Hospital) Pulaski County AR Hospital Revenue (Arkansas Children’s Hospital) Rogers AR Sales & Use Tax Revenue University of Arkansas Revenue University of Arkansas Revenue University of Arkansas Revenue University of Arkansas Revenue University of Arkansas Revenue University of Arkansas Revenue University of Arkansas Revenue University of Arkansas Revenue University of Arkansas Revenue University of Arkansas Revenue University of Arkansas Revenue (Fayetteville Campus) University of Arkansas Revenue (Fayetteville Campus) University of Arkansas Revenue (Fayetteville Campus) University of Arkansas Revenue (Fayetteville Campus) University of Arkansas Revenue (Fayetteville Campus) University of Arkansas Revenue (Fayetteville Campus) University of Arkansas Revenue (Fayetteville Campus) University of Arkansas Revenue (Fayetteville Campus) University of Arkansas Revenue (Fayetteville Campus) University of Arkansas Revenue (Fayetteville Campus) University of Arkansas Revenue (UAMS Campus) University of Arkansas Revenue (UAMS Campus) University of Arkansas Revenue (UAMS Campus) University of Arkansas Revenue (UAMS Campus)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 2.125% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/1/22 10/1/24 3/1/30 3/1/31 3/1/32 3/1/33 3/1/34 11/1/29 11/1/18 11/1/19 11/1/20 11/1/25 11/1/26 11/1/29 11/1/31 11/1/33 11/1/34 11/1/36 11/1/22 11/1/23 11/1/25 11/1/25 11/1/26 11/1/26 11/1/27 11/1/28 11/1/29 11/1/30 11/1/27 11/1/28 11/1/29 11/1/30

380 10,105 1,290 2,390 3,000 3,305 2,815 3,135 600 600 855 500 600 700 800 1,000 1,000 1,200 2,000 1,280 1,815 2,000 1,075 2,190 1,695 3,210 3,355 2,555 1,000 3,000 1,970 2,000

442 12,665 1,551 2,855 3,564 3,907 3,315 3,157 636 669 981 630 763 863 981 1,213 1,208 1,445 2,407 1,568 2,112 2,438 1,249 2,651 1,954 3,830 3,983 3,018 1,209 3,606 2,358 2,384 75,612

California (11.6%) ABAG Finance Authority for Nonprofit Corps. California Revenue (Jackson Laboratory) ABAG Finance Authority for Nonprofit Corps. California Revenue (Jackson Laboratory) Alameda CA Corridor Transportation Authority Revenue Alameda County CA Joint Powers Authority Lease Revenue Alameda County CA Joint Powers Authority Lease Revenue Anaheim CA Housing & Public Improvements Authority Revenue (Electric Utility Distribution System) Anaheim CA Public Financing Authority Revenue (Electric System) Anaheim CA Public Financing Authority Revenue (Electric System) Antelope Valley-East Kern CA Water Agency Revenue Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1 Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1 Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 1 Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT Beverly Hills CA Unified School District GO Beverly Hills CA Unified School District GO California Department of Water Resources Power Supply Revenue California Department of Water Resources Power Supply Revenue California Department of Water Resources Power Supply Revenue

131

5.000% 5.000% 5.000% 5.250% 5.000%

7/1/27 7/1/29 3/1/21 12/1/27 12/1/30

1,375 2,795 3,250 3,000 12,395

1,587 3,191 3,795 3,662 14,848

5.000% 5.250% 5.250% 4.000% 5.000% 1.000% 1.875% 1.230% 1.875% 1.330% 2.000% 1.530% 0.000% 0.000% 5.000% 5.000% 5.000%

10/1/29 10/1/28 10/1/29 6/1/20 4/1/17 4/3/17 4/1/19 4/1/20 4/1/20 4/1/21 4/1/21 5/1/23 8/1/28 8/1/29 5/1/18 5/1/18 5/1/20

5,170 5,030 5,300 1,000 7,000 7,635 2,410 18,615 38,860 14,500 15,375 13,500 5,000 7,950 19,250 20,000 12,410

6,035 5,841 6,113 1,102 7,123 7,637 2,443 18,544 39,453 14,437 15,731 13,490 3,718 5,648 20,447 21,244 14,090

(Prere.)

(Prere.) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

1

3

California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California California

Department of Water Resources Power Supply Revenue Department of Water Resources Power Supply Revenue Department of Water Resources Power Supply Revenue Department of Water Resources Power Supply Revenue Department of Water Resources Power Supply Revenue Department of Water Resources Water System Revenue (Central Department of Water Resources Water System Revenue (Central Department of Water Resources Water System Revenue (Central Department of Water Resources Water System Revenue (Central Department of Water Resources Water System Revenue (Central Department of Water Resources Water System Revenue (Central Department of Water Resources Water System Revenue (Central Department of Water Resources Water System Revenue (Central Department of Water Resources Water System Revenue (Central Department of Water Resources Water System Revenue (Central Department of Water Resources Water System Revenue (Central Economic Recovery GO Economic Recovery GO Economic Recovery GO Education Notes Program TRAN Educational Facilities Authority Revenue (University of the Pacific) Educational Facilities Authority Revenue (University of the Pacific) Educational Facilities Authority Revenue (University of the Pacific) GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO

Valley Valley Valley Valley Valley Valley Valley Valley Valley Valley Valley

Project) Project) Project) Project) Project) Project) Project) Project) Project) Project) Project)

132

Coupon

Maturity Date

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 2.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.380% 5.000% 5.500% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.750% 5.000% 5.250% 5.000%

5/1/20 5/1/20 5/1/20 5/1/21 5/1/22 12/1/16 12/1/16 12/1/16 12/1/23 12/1/23 12/1/24 12/1/24 12/1/24 12/1/24 12/1/28 12/1/29 7/1/19 7/1/19 7/1/19 6/30/17 11/1/29 11/1/32 11/1/33 3/1/17 4/1/17 5/1/17 12/1/17 4/1/18 4/1/18 9/1/18 9/1/18 12/1/18 8/1/19 8/1/19 9/1/19 4/1/20 8/1/20 9/1/20 10/1/20 11/1/20 9/1/21 12/1/21 3/1/22 10/1/22 12/1/22 9/1/23 11/1/23 12/1/23 3/1/24 5/1/24 10/1/24 10/1/24 12/1/24 3/1/25 9/1/25 10/1/25 11/1/25 12/1/25 8/1/26 10/1/26 10/1/27 10/1/27 11/1/27 2/1/28 11/1/28 12/1/28 4/1/29 9/1/29 9/1/29 10/1/29

(Prere.)

(ETM)

(ETM) (ETM) (Prere.) (Prere.)

(Prere.) (Prere.) (Prere.)

(Prere.)

(14)

Face Amount ($000)

Market Value• ($000)

6,200 168,065 20,000 7,590 3,800 10 2,685 5,000 80 14,920 35 55 10 9,965 14,945 2,490 20,000 31,780 18,220 22,015 3,000 1,595 1,500 3,000 13,050 3,500 14,250 30,000 11,480 8,500 7,000 85 29,650 37,500 7,000 18,000 18,970 30,930 3,000 5,000 30,155 16,365 26,540 15,000 11,000 9,770 17,200 34,000 30,000 35,000 19,500 10,500 5,730 15,000 4,000 20,000 33,000 5,490 23,665 31,140 11,250 26,440 17,380 12,500 9,175 3,575 2,395 13,500 10,460 10,000

7,039 191,006 22,730 8,602 4,301 10 2,695 5,019 100 18,539 44 70 13 12,575 18,538 3,081 22,139 35,387 20,288 22,189 3,674 1,912 1,782 3,044 13,288 3,500 14,907 31,993 12,327 9,146 7,532 85 32,914 41,620 7,402 19,752 19,171 35,462 3,449 5,211 35,494 17,110 31,564 16,827 13,320 11,969 21,148 41,878 36,985 43,268 20,634 13,065 7,029 18,724 5,024 24,060 40,646 6,712 25,545 37,440 13,500 31,551 21,152 14,938 11,127 4,342 2,659 16,673 12,813 12,188

Intermediate-Term Tax-Exempt Fund

4

1

California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO PUT California GO PUT California Health Facilities Financing Authority Revenue (Catholic Healthcare West) California Health Facilities Financing Authority Revenue (Catholic Healthcare West) California Health Facilities Financing Authority Revenue (Children’s Hospital of Los Angeles) California Health Facilities Financing Authority Revenue (Children’s Hospital of Los Angeles) California Health Facilities Financing Authority Revenue (Children’s Hospital of Los Angeles) California Health Facilities Financing Authority Revenue (City of Hope Medical Center) California Health Facilities Financing Authority Revenue (Lucile Salter Packard Children’s Hospital at Stanford) PUT California Health Facilities Financing Authority Revenue (Lucile Salter Packard Children’s Hospital at Stanford) PUT California Health Facilities Financing Authority Revenue (Lucile Salter Packard Children’s Hospital at Stanford) TOB VRDO California Health Facilities Financing Authority Revenue (Providence St. Joseph Health Obligated Group) PUT California Health Facilities Financing Authority Revenue (Scripps Health) California Health Facilities Financing Authority Revenue (Scripps Health) California Health Facilities Financing Authority Revenue (Scripps Health) California Health Facilities Financing Authority Revenue (St. Joseph Health System) California Health Facilities Financing Authority Revenue (St. Joseph Health System) California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT California Health Facilities Financing Authority Revenue (Sutter Health) California Health Facilities Financing Authority Revenue (Sutter Health) California Health Facilities Financing Authority Revenue (Sutter Health) California Health Facilities Financing Authority Revenue (Sutter Health) PUT California Infrastructure & Economic Development Bank Revenue (The Colburn School) PUT California Municipal Finance Authority (Community Hospitals of Central California Obligated Group) COP California Municipal Finance Authority (Community Hospitals of Central California Obligated Group) COP California Municipal Finance Authority (Community Hospitals of Central California Obligated Group) COP California Municipal Finance Authority Revenue (Anaheim Electric Utility Distribution System) California Municipal Finance Authority Revenue (Anaheim Electric Utility Distribution System) California Municipal Finance Authority Revenue (Anaheim Electric Utility Distribution System) California Municipal Finance Authority Revenue (University of La Verne) California Municipal Finance Authority Revenue (University of La Verne) California Pollution Control Financing Authority Revenue (Pacific Gas & Electric Co.) VRDO California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Department of General Services) California Public Works Board Lease Revenue (Department of General Services) California Public Works Board Lease Revenue (Department of State Hospitals) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Judicial Council Projects)

133

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.250% 5.000% 5.000% 5.250% 5.750% 4.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 6.500% 4.000% 5.000% 5.000% 4.000% 3.000% 4.000% 5.250% 5.250% 5.000% 5.000% 5.000%

10/1/29 10/1/29 3/1/30 5/1/30 9/1/30 9/1/30 4/1/31 9/1/31 10/1/31 2/1/32 9/1/32 9/1/32 10/1/32 2/1/33 4/1/33 9/1/33 10/1/33 10/1/34 9/1/35 12/1/19 12/1/21 3/1/27 3/1/28 11/15/25 11/15/26 11/15/27

4,445 27,000 29,500 30,000 4,500 25,480 79,190 7,660 24,000 50,640 5,000 5,000 11,000 60,000 54,500 26,000 6,000 10,000 10,000 6,000 13,300 19,000 9,160 5,000 5,000 3,845

4,697 29,930 33,239 36,193 5,261 31,126 87,933 8,522 29,071 59,425 5,526 5,526 13,271 70,331 61,555 28,595 7,219 11,992 10,899 6,282 14,907 22,015 10,518 5,707 5,682 4,350

5.000%

11/15/26

2,430

2,895

1.450%

3/15/17 (Prere.)

4,020

4,031

1.450%

3/15/17 (Prere.)

4,000

4,010

0.750%

11/7/16

650

650

4.000% 5.000% 5.500% 5.000% 5.250% 5.500% 5.000% 5.500% 5.500% 5.875% 1.000% 1.630%

10/1/24 10/1/19 10/1/20 10/1/21 7/1/21 7/1/29 10/15/20 8/15/17 8/15/26 8/15/31 8/15/19 6/1/20

41,500 8,080 4,000 7,110 25,980 15,000 12,500 5,100 4,500 10,000 5,925 10,000

48,067 8,727 4,357 7,671 28,944 16,660 14,285 5,296 5,205 11,670 5,897 10,065

5.000%

2/1/20

1,575

1,701

5.000%

2/1/21

1,740

1,874

5,050 1,000 2,190 1,755 8,525 3,000 9,000 7,420 1,325 5,000 2,000 5,000 750 900 10,000 7,000 5,000 3,120

5,510 1,228 2,641 2,093 9,814 3,454 9,000 8,783 1,643 5,620 2,248 5,987 912 1,108 11,759 8,276 5,907 3,716

5.250% 5.000% 5.000% 5.000% 5.750% 6.125% 0.500% 5.000% 5.250% 6.125% 6.125% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000%

2/1/24 10/1/29 10/1/32 10/1/35 6/1/25 6/1/30 11/1/16 LOC 6/1/27 10/1/27 4/1/19 (Prere.) 4/1/19 (Prere.) 6/1/27 10/1/23 10/1/24 12/1/24 12/1/25 12/1/26 3/1/27

Intermediate-Term Tax-Exempt Fund

2

2

California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Regents of The University of California) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue PUT California Statewide Communities Development Authority Revenue (Daughters of Charity Health System) California Statewide Communities Development Authority Revenue (Loma Linda University Medical Center) California Statewide Communities Development Authority Revenue (Loma Linda University Medical Center) Capistrano CA Unified School District Special Tax Revenue Cerritos CA Community College District GO Cerritos CA Community College District GO Cerritos CA Community College District GO Cerritos CA Community College District GO Cerritos CA Community College District GO Cerritos CA Community College District GO Chabot-Las Positas CA Community College District GO Chabot-Las Positas CA Community College District GO Chabot-Las Positas CA Community College District GO Chabot-Las Positas CA Community College District GO Chaffey CA Community College District GO

134

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000% 3.000% 5.000% 5.000% 6.250% 4.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.500% 5.125% 4.000% 5.000% 4.000% 5.000% 5.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 5.250% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000%

12/1/27 12/1/28 3/1/29 12/1/29 3/1/30 3/1/31 3/1/33 12/1/21 4/1/18 4/1/19 5/1/19 5/1/19 11/1/19 4/1/20 4/1/20 5/1/20 11/1/20 4/1/21 5/1/21 5/1/21 12/1/21 5/1/22 5/1/23 5/1/23 4/1/27 11/1/30 11/1/30 10/1/31 11/1/31 4/1/32 4/1/33 5/1/19 5/1/19 11/1/19 11/1/20 11/1/21 11/1/24 11/1/28 11/1/28 11/1/29 11/1/30 11/1/30 11/1/30 11/1/31 11/1/31 11/1/31 11/1/32 11/1/32 11/1/33 11/1/34 11/1/35 11/1/19

13,000 8,000 4,250 10,705 3,930 5,000 3,350 8,145 4,605 4,740 11,290 8,130 13,665 9,265 2,700 8,975 7,460 5,000 4,500 3,000 10,000 6,050 3,000 4,460 3,075 8,245 2,495 4,250 20,000 9,650 8,125 14,775 5,000 2,095 2,000 1,445 2,000 3,540 7,395 7,790 3,350 24,850 7,960 4,600 21,630 4,000 10,000 10,000 20,000 24,190 4,355 6,700

15,206 9,329 5,024 12,464 4,625 5,878 3,915 9,689 4,741 4,963 12,393 8,925 15,792 10,149 3,048 10,156 8,567 5,582 5,228 3,485 11,896 7,200 3,617 5,377 3,625 9,133 3,054 4,936 22,026 11,145 8,861 16,262 5,596 2,347 2,311 1,716 2,521 4,460 8,718 9,179 4,150 30,316 9,446 5,668 26,263 4,747 12,235 12,076 24,055 28,996 5,203 7,010

5.750%

7/1/24

3,855

3,819

5.000%

12/1/28

4,000

4,656

5.000% 4.000% 5.250% 5.250% 5.250% 0.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000%

12/1/30 9/1/23 8/1/19 8/1/19 8/1/19 8/1/28 8/1/30 8/1/31 8/1/27 8/1/30 8/1/31 8/1/32 6/1/24

3,500 6,435 3,540 3,160 4,235 1,000 1,850 1,000 7,000 15,000 5,000 17,000 1,120

4,010 6,891 3,953 3,529 4,729 717 1,202 626 8,353 17,559 5,828 19,727 1,395

(Prere.)

(Prere.)

(Prere.)

(Prere.) (Prere.)

(15) (Prere.) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

Chaffey CA Community College District GO Chaffey CA Community College District GO Chino CA Public Financing Authority Special Tax Revenue Chino CA Public Financing Authority Special Tax Revenue Chino CA Public Financing Authority Special Tax Revenue Chula Vista CA Municipal Financing Authority Special Tax Revenue Chula Vista CA Municipal Financing Authority Special Tax Revenue Chula Vista CA Municipal Financing Authority Special Tax Revenue Chula Vista CA Municipal Financing Authority Special Tax Revenue Chula Vista CA Municipal Financing Authority Special Tax Revenue Chula Vista CA Municipal Financing Authority Special Tax Revenue Chula Vista CA Municipal Financing Authority Special Tax Revenue Chula Vista CA Municipal Financing Authority Special Tax Revenue Chula Vista CA Municipal Financing Authority Special Tax Revenue Coast CA Community College District GO Contra Costa CA Community College District GO Contra Costa CA Community College District GO Contra Costa CA Community College District GO Contra Costa CA Transportation Authority Sales Tax Revenue Cupertino CA Union School District GO East Side CA Union High School District Santa Clara County GO East Side CA Union High School District Santa Clara County GO East Side CA Union High School District Santa Clara County GO East Side CA Union High School District Santa Clara County GO El Dorado CA Irrigation District Revenue El Dorado CA Irrigation District Revenue El Dorado CA Irrigation District Revenue El Dorado CA Irrigation District Revenue El Dorado CA Irrigation District Revenue El Dorado CA Irrigation District Revenue El Dorado CA Irrigation District Revenue El Dorado CA Irrigation District Revenue El Monte CA High School District GO El Monte CA High School District GO El Segundo CA Unified School District GO El Segundo CA Unified School District GO El Segundo CA Unified School District GO Elk Grove CA Finance Authority Special Tax Revenue Elk Grove CA Finance Authority Special Tax Revenue Elk Grove CA Finance Authority Special Tax Revenue Elk Grove CA Finance Authority Special Tax Revenue Elk Grove CA Finance Authority Special Tax Revenue Elk Grove CA Finance Authority Special Tax Revenue Elk Grove CA Finance Authority Special Tax Revenue Folsom Cordova CA Unified School District School Facilities Improvement District No. Folsom Cordova CA Unified School District School Facilities Improvement District No. Folsom Cordova CA Unified School District School Facilities Improvement District No. Folsom Cordova CA Unified School District School Facilities Improvement District No. Folsom Cordova CA Unified School District School Facilities Improvement District No. Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue PUT Fresno CA Sewer Revenue Fresno CA Sewer Revenue Fresno CA Sewer Revenue Gavilan CA Joint Community College District GO Gavilan CA Joint Community College District GO Gilroy CA Unified School District GO Gilroy CA Unified School District GO Golden State Tobacco Securitization Corp. California Revenue Golden State Tobacco Securitization Corp. California Revenue Golden State Tobacco Securitization Corp. California Revenue Hacienda La Puente CA Unified School District GO Hayward CA Unified School District GO Hayward CA Unified School District GO Hayward CA Unified School District GO Hayward CA Unified School District GO Imperial CA Irrigation District Electric Revenue Jurupa CA Public Financing Authority Special Tax Revenue

135

3 3 3 3 3

GO GO GO GO GO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.500% 0.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 6.250% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/1/29 6/1/30 9/1/26 9/1/27 9/1/29 9/1/23 9/1/24 9/1/25 9/1/26 9/1/27 9/1/28 9/1/29 9/1/30 9/1/31 8/1/18 8/1/29 8/1/30 8/1/34 3/1/20 8/1/35 8/1/26 8/1/27 8/1/28 8/1/28 3/1/22 3/1/23 3/1/24 3/1/25 3/1/26 3/1/27 3/1/28 3/1/34 6/1/19 6/1/19 8/1/28 8/1/29 8/1/30 9/1/23 9/1/24 9/1/25 9/1/26 9/1/30 9/1/31 9/1/32 10/1/23 10/1/24 10/1/25 10/1/26 10/1/28 1/15/28 1/15/29 1/15/33 1/15/23 9/1/25 9/1/26 9/1/27 8/1/30 8/1/31 8/1/30 8/1/30 6/1/33 6/1/33 6/1/34 8/1/25 8/1/28 8/1/28 8/1/29 8/1/29 11/1/20 9/1/28

1,250 2,000 800 2,340 1,300 1,080 1,130 1,145 1,255 1,320 1,380 1,445 1,400 1,600 6,250 2,000 3,000 4,000 2,000 1,000 2,500 2,000 2,655 3,000 1,035 1,750 1,000 1,000 2,485 2,110 2,000 3,060 2,355 2,630 2,705 8,655 9,160 775 1,000 750 1,155 1,130 1,750 1,365 2,875 1,700 2,055 2,985 2,875 20,090 2,000 2,000 40,500 2,275 7,425 7,835 5,000 6,000 255 5,245 17,000 4,595 6,000 7,000 2,720 3,795 2,575 4,315 5,200 1,025

1,519 2,420 987 2,864 1,560 1,279 1,349 1,380 1,498 1,566 1,621 1,688 1,626 1,844 6,701 2,416 3,608 4,737 2,260 1,187 3,037 2,425 3,143 3,624 1,232 2,076 1,188 1,181 2,922 2,407 2,334 3,576 2,627 2,934 1,905 5,848 5,912 943 1,233 928 1,420 1,355 2,084 1,616 2,434 1,388 1,614 2,248 1,999 16,996 1,707 2,370 47,624 2,440 7,947 8,377 6,118 7,298 185 3,431 20,034 4,522 7,036 8,748 3,257 4,544 3,062 5,131 6,005 1,238

(4) (4) (4)

(Prere.)

(Prere.)

(4) (4) (4) (4) (4) (4) (4) (4) (Prere.) (Prere.)

(15) (15) (15) (14) (14) (14) (14) (14)

(12) (12) (12)

(ETM) (12)

(4) (4) (4) (4) (4) (Prere.)

Intermediate-Term Tax-Exempt Fund

2 2

Jurupa CA Public Financing Authority Special Tax Revenue Jurupa CA Public Financing Authority Special Tax Revenue La Mesa-Spring Valley CA School District GO La Mesa-Spring Valley CA School District GO La Mesa-Spring Valley CA School District GO La Mesa-Spring Valley CA School District GO Long Beach CA Finance Authority Natural Gas Purchase Revenue Long Beach CA Finance Authority Natural Gas Purchase Revenue Long Beach CA Finance Authority Natural Gas Purchase Revenue Long Beach CA Finance Authority Natural Gas Purchase Revenue Long Beach CA Finance Authority Tax Revenue Long Beach CA Finance Authority Tax Revenue Long Beach CA Finance Authority Tax Revenue Long Beach CA Finance Authority Tax Revenue Long Beach CA Finance Authority Tax Revenue Long Beach CA Unified School District GO Long Beach CA Unified School District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Department of Airports International Airport Revenue Los Angeles CA Department of Airports International Airport Revenue Los Angeles CA Department of Airports International Airport Revenue Los Angeles CA Department of Airports International Airport Revenue Los Angeles CA Department of Airports International Airport Revenue Los Angeles CA Department of Airports International Airport Revenue Los Angeles CA Department of Water & Power Revenue Los Angeles CA Department of Water & Power Revenue Los Angeles CA Department of Water & Power Revenue Los Angeles CA Department of Water & Power Revenue Los Angeles CA Department of Water & Power Revenue Los Angeles CA Department of Water & Power Revenue Los Angeles CA Harbor Department Revenue Los Angeles CA Harbor Department Revenue Los Angeles CA Harbor Department Revenue Los Angeles CA Harbor Department Revenue Los Angeles CA Harbor Department Revenue Los Angeles CA Municipal Improvement Corp. Lease Revenue Los Angeles CA Municipal Improvement Corp. Lease Revenue Los Angeles CA Municipal Improvement Corp. Lease Revenue Los Angeles CA Municipal Improvement Corp. Lease Revenue (Police Headquarters Facility) Los Angeles CA Municipal Improvement Corp. Lease Revenue (Police Headquarters Facility) Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO

136

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 0.000% 0.000% 0.000% 0.000% 5.250% 5.250% 5.000% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 0.000% 0.000% 5.000% 5.250% 5.000% 5.000% 4.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 3.000% 3.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.750% 5.000% 4.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000%

9/1/29 9/1/31 8/1/23 8/1/25 8/1/27 8/1/28 11/15/20 11/15/23 11/15/24 11/15/28 11/1/18 11/1/19 11/1/20 11/1/21 11/1/22 8/1/23 8/1/26 8/1/19 8/1/19 8/1/22 8/1/23 8/1/24 8/1/24 8/1/25 8/1/26 8/1/27 8/1/28 8/1/30 7/1/31 7/1/32 8/1/32 8/1/33 8/1/33 5/15/18 5/15/18 5/15/18 5/15/18 5/15/28 5/15/29 12/1/18 7/1/27 7/1/31 7/1/32 7/1/33 7/1/36 8/1/18 8/1/19 8/1/22 8/1/23 8/1/28 11/1/29 11/1/30 11/1/34 1/1/17 1/1/17 7/1/17 7/1/17 7/1/17 7/1/17 7/1/17 7/1/17 7/1/18 7/1/18 7/1/19 7/1/19 7/1/20 7/1/22 7/1/23 7/1/26 7/1/26

1,000 1,190 2,090 3,635 1,500 3,170 50 255 90 125 5,495 3,970 3,250 7,645 3,535 1,995 1,475 7,210 4,145 6,000 10,000 900 7,500 1,575 1,200 24,845 3,000 30,500 44,445 15,895 21,000 4,805 20,000 3,960 3,115 3,250 3,250 12,750 5,000 55,995 7,985 22,715 2,565 11,185 2,750 1,225 1,000 1,000 1,000 6,930 7,000 10,000 10,875 9,000 15,435 4,000 4,000 6,425 7,330 10,000 22,410 2,000 2,575 20,000 20,625 33,000 20,000 8,835 20,000 7,500

1,200 1,411 1,785 2,885 1,080 2,181 56 302 105 158 5,983 4,479 3,784 9,164 4,348 1,754 1,154 7,995 4,624 7,255 12,353 1,064 9,424 1,876 1,439 30,720 3,699 37,283 44,518 15,875 23,347 5,321 22,146 4,212 3,313 3,457 3,457 14,544 5,694 60,589 9,936 27,151 3,120 13,269 3,300 1,293 1,111 1,211 1,236 7,649 8,580 12,182 11,838 9,061 15,546 4,102 4,115 6,610 7,541 10,287 23,054 2,138 2,753 22,144 22,836 37,702 24,133 9,837 24,806 8,295

(14) (14) (14) (14)

(2) (2) (2) (2) (2) (12) (12) (Prere.) (Prere.)

(Prere.) (Prere.) (Prere.) (Prere.)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

1 1

2 2 2

Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Wastewater System Revenue Los Angeles County CA Metropolitan Transportation Authority Sales Tax Revenue Los Angeles County CA Public Works Financing Authority Lease Revenue Los Angeles County CA Public Works Financing Authority Lease Revenue Los Angeles County CA Public Works Financing Authority Lease Revenue Los Angeles County CA Public Works Financing Authority Lease Revenue Los Angeles County CA Public Works Financing Authority Lease Revenue Los Angeles County CA Unified School District GO Los Angeles County CA Unified School District GO Los Angeles County CA Unified School District GO Los Angeles County CA Unified School District GO M-S-R California Energy Authority Revenue Metropolitan Water District of Southern California Revenue PUT Metropolitan Water District of Southern California Revenue PUT Mount Diablo CA Unified School District GO Mount Diablo CA Unified School District GO Mount Diablo CA Unified School District GO Mount San Antonio CA Community College District GO Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) Oakland CA Unified School District GO Oakland CA Unified School District GO Oakland CA Unified School District GO Oakland CA Unified School District GO Oakland CA Unified School District GO Oakland CA Unified School District GO Orange County CA Airport Revenue Orange County CA Sanitation District COP Orange County CA Sanitation District COP Orange County CA Sanitation District COP Palo Alto CA Unified School District GO Palo Alto CA Unified School District GO Palo Alto CA Unified School District GO Palo Alto CA Unified School District GO Palomar Pomerado Health California GO Paramount CA Redevelopment Agency Successor Agency Tax Allocation Revenue (Redevelopment Project Area No. 1) Peralta CA Community College District Revenue Perris CA Public Financing Authority Tax Allocation Revenue Perris CA Public Financing Authority Tax Allocation Revenue Perris CA Public Financing Authority Tax Allocation Revenue Perris CA Public Financing Authority Tax Allocation Revenue Perris CA Public Financing Authority Tax Allocation Revenue Perris CA Public Financing Authority Tax Allocation Revenue Poway CA Redevelopment Agency Successor Agency Tax Allocation Revenue Poway CA Redevelopment Agency Successor Agency Tax Allocation Revenue Poway CA Redevelopment Agency Successor Agency Tax Allocation Revenue Poway CA Redevelopment Agency Successor Agency Tax Allocation Revenue Poway CA Redevelopment Agency Successor Agency Tax Allocation Revenue Poway CA Unified School District GO Poway CA Unified School District Public Financing Authority Special Tax Revenue Poway CA Unified School District Public Financing Authority Special Tax Revenue Poway CA Unified School District Public Financing Authority Special Tax Revenue Rancho Santiago CA Community College District GO Rancho Santiago CA Community College District GO Redding CA Electric System COP Redding CA Electric System COP Redding CA Electric System COP Rialto CA Redevelopment Agency Successor Agency Tax Allocation Revenue Rialto CA Redevelopment Agency Successor Agency Tax Allocation Revenue Rialto CA Redevelopment Agency Successor Agency Tax Allocation Revenue Riverside County CA Public Financing Authority Lease Revenue Riverside County CA Public Financing Authority Lease Revenue Riverside County CA Public Financing Authority Lease Revenue Riverside County CA Transportation Commission Sales Tax Revenue Riverside County CA Transportation Commission Sales Tax Revenue Riverside County CA Transportation Commission Sales Tax Revenue

137

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.250% 5.000% 5.200% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 7.000% 1.010% 1.010% 5.000% 5.000% 5.000% 0.000% 5.000% 5.000% 6.250% 6.250% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.000% 0.000%

7/1/28 7/1/29 7/1/29 6/1/29 7/1/27 8/1/17 8/1/27 8/1/28 8/1/29 8/1/32 7/1/25 7/1/26 7/1/27 7/1/28 11/1/34 3/27/18 3/27/18 8/1/29 8/1/30 8/1/32 8/1/28 9/1/21 9/1/22 8/1/18 8/1/19 8/1/23 8/1/24 8/1/25 8/1/26 7/1/25 2/1/17 2/1/19 2/1/19 8/1/23 8/1/28 8/1/29 8/1/31 8/1/32

8,000 1,400 6,295 6,520 4,000 5,000 1,475 2,000 2,365 3,000 20,000 20,000 72,330 35,940 6,000 3,000 31,000 6,415 5,510 12,910 3,000 4,500 1,500 1,000 1,150 2,000 2,000 2,295 2,820 6,480 2,500 4,510 7,250 13,900 20,320 19,530 12,305 9,300

9,173 1,706 6,990 7,146 5,102 5,161 1,733 2,341 2,768 3,533 25,399 25,737 92,046 45,248 8,746 3,001 31,009 7,536 6,523 15,244 2,866 5,219 1,776 1,093 1,314 2,457 2,495 2,899 3,551 7,146 2,527 4,920 7,910 12,254 14,964 13,875 8,165 5,410

0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250%

8/1/26 8/1/28 10/1/20 10/1/22 10/1/23 10/1/24 10/1/25 10/1/31 12/15/24 12/15/25 6/15/28 12/15/28 12/15/29 8/1/29 9/1/27 9/1/29 9/1/30 9/1/25 9/1/26 6/1/23 6/1/25 6/1/27 9/1/30 9/1/31 9/1/32 11/1/31 11/1/33 11/1/34 6/1/23 6/1/27 6/1/29

5,000 3,000 1,035 1,135 1,200 1,260 1,315 3,220 3,550 5,580 2,190 2,190 4,830 5,000 2,750 2,235 1,745 6,690 16,145 6,875 7,860 4,660 2,885 3,050 3,125 9,575 3,495 12,070 3,000 4,980 7,805

3,619 3,674 1,182 1,357 1,462 1,555 1,642 3,851 4,440 7,062 2,712 2,705 5,916 3,421 3,366 2,683 2,083 8,179 19,669 7,316 8,357 4,951 3,444 3,616 3,678 11,468 4,146 14,243 3,683 6,153 9,585

(4) (4) (4) (4) (Prere.) (Prere.) (Prere.)

(12) (14)

(15) (15) (15)

(4) (4) (4) (15) (15) (15)

Intermediate-Term Tax-Exempt Fund

4

3 2

Riverside County CA Transportation Commission Toll Revenue Riverside County CA Transportation Commission Toll Revenue Riverside County CA Transportation Commission Toll Revenue Riverside County CA Transportation Commission Toll Revenue Riverside County CA Transportation Commission Toll Revenue Rocklin CA Unified School District GO Roseville CA Natural Gas Financing Authority Gas Revenue Roseville CA Natural Gas Financing Authority Gas Revenue Roseville CA Natural Gas Financing Authority Gas Revenue Roseville CA Natural Gas Financing Authority Gas Revenue Roseville CA Natural Gas Financing Authority Gas Revenue Sacramento CA City Financing Authority Revenue Sacramento CA City Financing Authority Revenue Sacramento CA City Financing Authority Revenue Sacramento CA City Financing Authority Tax Allocation Revenue Sacramento CA Municipal Utility District Revenue TOB VRDO Sacramento CA Regional Transit District Farebox Revenue Sacramento CA Regional Transit District Farebox Revenue Sacramento County CA Airport Revenue Sacramento County CA Airport Revenue Sacramento County CA Airport Revenue Sacramento County CA GO Sacramento County CA GO Sacramento County CA GO Sacramento County CA GO Sacramento County CA Sanitation Districts Financing Authority Revenue Sacramento County CA Sanitation Districts Financing Authority Revenue Sacramento County CA Sanitation Districts Financing Authority Revenue Sacramento County CA Sanitation Districts Financing Authority Revenue Sacramento County CA Sanitation Districts Financing Authority Revenue Sacramento County CA Sanitation Districts Financing Authority Revenue San Bernardino CA City Unified School District GO San Bernardino CA City Unified School District GO San Bernardino CA City Unified School District GO San Bernardino CA City Unified School District GO San Bernardino CA Community College District GO San Bernardino CA Community College District GO San Bernardino CA Community College District GO San Bernardino County CA Medical Center (Arrowhead Project) COP San Bernardino County CA Medical Center (Arrowhead Project) COP San Bernardino County CA Medical Center (Arrowhead Project) COP San Diego CA Community College District GO San Diego CA Community College District GO San Diego CA Community College District GO San Diego CA Community College District GO San Diego CA Community College District GO San Diego CA Community College District GO San Diego CA Community College District GO San Diego CA Community College District GO San Diego CA Community College District GO San Diego CA Public Facilities Financing Authority Sewer Revenue San Diego CA Public Facilities Financing Authority Sewer Revenue San Diego CA Public Facilities Financing Authority Sewer Revenue San Diego CA Public Facilities Financing Authority Sewer Revenue San Diego CA Public Facilities Financing Authority Sewer Revenue San Diego CA Public Facilities Financing Authority Water Revenue San Diego CA Public Facilities Financing Authority Water Revenue San Diego CA Public Facilities Financing Authority Water Revenue San Diego CA Public Facilities Financing Authority Water Revenue San Diego CA Public Facilities Financing Authority Water Revenue San Diego CA Public Facilities Financing Authority Water Revenue San Diego CA Public Facilities Financing Authority Water Revenue San Diego CA Public Facilities Financing Authority Water Revenue San Diego CA Unified School District GO San Diego CA Unified School District GO San Diego County CA Regional Airport Authority Revenue San Diego County CA Water Authority Revenue San Diego County CA Water Authority Revenue San Francisco CA Bay Area Rapid Transit District GO San Francisco CA Bay Area Rapid Transit District Sales Tax Revenue

138

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.730% 5.000% 5.000% 5.500% 5.500% 5.625% 5.000% 5.250% 5.250% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/1/25 6/1/26 6/1/27 6/1/28 6/1/29 8/1/22 2/15/20 2/15/23 2/15/25 2/15/26 2/15/28 12/1/21 12/1/23 12/1/24 12/1/25 11/7/16 3/1/24 3/1/26 7/1/27 7/1/28 7/1/29 2/1/17 2/1/18 2/1/19 2/1/20 8/1/26 8/1/28 12/1/30 8/1/31 12/1/31 8/1/35 8/1/29 8/1/30 8/1/31 8/1/32 8/1/24 8/1/25 8/1/26 8/1/17 8/1/18 8/1/19 8/1/17 8/1/19 8/1/21 8/1/21 8/1/21 8/1/21 8/1/21 8/1/30 8/1/32 5/15/19 5/15/20 5/15/23 5/15/24 5/15/25 8/1/20 8/1/28 8/1/31 8/1/32 8/1/33 8/1/34 8/1/35 8/1/36 7/1/27 7/1/30 7/1/28 5/1/30 5/1/34 8/1/30 7/1/24

8,790 3,375 5,480 9,395 11,075 5,450 4,735 115 235 145 110 1,810 750 1,500 13,125 7,500 720 1,200 7,870 5,000 5,485 4,650 6,140 4,940 4,700 1,000 1,100 2,000 1,000 3,000 1,000 1,960 1,180 1,320 1,400 12,065 13,965 14,080 2,500 8,995 8,500 19,015 3,325 7,400 3,895 8,350 4,000 4,315 5,000 24,700 2,000 10,000 10,000 23,615 25,000 7,690 6,000 5,160 4,790 15,835 12,645 12,100 9,255 17,020 17,310 2,500 5,275 10,500 5,000 1,055

6,395 2,346 3,641 5,956 6,665 4,908 5,160 132 275 171 132 2,137 921 1,863 10,347 7,500 811 1,350 8,435 5,356 5,887 4,689 6,432 5,303 5,209 1,255 1,359 2,411 1,210 3,598 1,188 2,300 1,376 1,529 1,614 14,806 17,017 17,064 2,578 9,620 9,395 19,631 3,712 8,728 4,594 9,849 4,718 5,089 6,013 27,457 2,204 11,467 12,282 29,523 31,712 8,809 7,514 6,376 5,885 19,379 15,414 14,679 11,174 22,563 11,353 2,814 6,545 12,767 6,153 1,326

(14)

(15) (15) (15) (14)

(4) (4) (4) (4)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(Prere.) (Prere.)

(4)

Intermediate-Term Tax-Exempt Fund

2

San Francisco CA Bay Area Rapid Transit District Sales Tax Revenue San Francisco CA Bay Area Rapid Transit District Sales Tax Revenue San Francisco CA City & County GO San Francisco CA City & County GO San Francisco CA City & County GO San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County Public Utilities Commission Wastewater Revenue San Francisco CA City & County Public Utilities Commission Wastewater Revenue San Francisco CA City & County Public Utilities Commission Water Revenue San Francisco CA City & County Public Utilities Commission Water Revenue San Francisco CA City & County Public Utilities Commission Water Revenue San Francisco CA City & County Public Utilities Commission Water Revenue San Francisco CA City & County Unified School District GO San Francisco CA City & County Unified School District GO San Joaquin Hills CA Transportation Corridor Agency Toll Road Revenue San Jose CA Airport Revenue San Jose CA Airport Revenue San Jose CA Redevelopment Agency Tax Allocation Revenue San Jose CA Redevelopment Agency Tax Allocation Revenue San Jose CA Redevelopment Agency Tax Allocation Revenue San Jose CA Redevelopment Agency Tax Allocation Revenue San Jose CA Redevelopment Agency Tax Allocation Revenue San Jose CA Redevelopment Agency Tax Allocation Revenue San Jose-Evergreen CA Community College District GO San Jose-Evergreen CA Community College District GO San Jose-Evergreen CA Community College District GO San Jose-Evergreen CA Community College District GO San Jose-Evergreen CA Community College District GO San Jose-Evergreen CA Community College District GO San Mateo County CA Joint Powers Financing Authority Lease Revenue (Maple Street Correctional Center) San Mateo County CA Joint Powers Financing Authority Lease Revenue (Maple Street Correctional Center) San Mateo County CA Joint Powers Financing Authority Lease Revenue (Maple Street Correctional Center) San Mateo County CA Joint Powers Financing Authority Lease Revenue (Youth Services Campus) San Mateo County CA Joint Powers Financing Authority Lease Revenue (Youth Services Campus) San Ramon Valley CA Unified School District GO San Ramon Valley CA Unified School District GO Santa Ana CA Unified School District GO Santa Ana CA Unified School District GO Santa Clara County CA Financing Authority Lease Revenue (Multiple Facilities Projects) Santa Clara County CA Financing Authority Revenue Santa Clara Valley CA Transportation Authority Sales Tax Revenue Santa Clara Valley CA Transportation Authority Sales Tax Revenue Santa Clara Valley CA Transportation Authority Sales Tax Revenue Santa Clara Valley CA Transportation Authority Sales Tax Revenue Santa Clara Valley CA Transportation Authority Sales Tax Revenue Santa Clara Valley CA Transportation Authority Sales Tax Revenue Santa Clara Valley CA Transportation Authority Sales Tax Revenue Santa Clara Valley CA Transportation Authority Sales Tax Revenue Santa Clara Valley CA Transportation Authority Sales Tax Revenue Santa Clara Valley CA Water District Revenue Santa Clara Valley CA Water District Revenue Santa Monica CA Community College District GO Santa Monica CA Community College District GO Santa Monica CA Community College District GO Santa Monica CA Community College District GO Santa Monica CA Community College District GO Santa Monica CA Community College District GO Santa Monica CA Community College District GO Santa Monica CA Community College District GO Santa Rosa CA Wastewater Revenue Southern California Public Power Authority Revenue Southern California Public Power Authority Revenue

139

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.500% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 4.000% 4.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.375% 6.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/25 7/1/26 6/15/27 6/15/28 6/15/29 5/1/20 5/1/20 5/1/21 5/1/22 5/1/22 5/1/26 10/1/33 10/1/33 11/1/30 10/1/32 11/1/32 11/1/34 6/15/31 6/15/32 1/15/21 3/1/27 3/1/28 8/1/20 8/1/23 8/1/24 8/1/27 8/1/28 8/1/28 9/1/29 9/1/30 9/1/30 9/1/31 9/1/31 9/1/32

2,100 1,430 10,000 25,000 15,000 2,135 3,900 2,865 5,235 5,500 3,370 9,030 2,545 15,000 10,000 2,000 14,000 13,670 3,950 12,385 2,255 2,185 20,000 24,900 29,885 2,400 1,175 25,385 1,510 2,745 3,445 3,010 3,840 3,095

2,674 1,812 12,161 28,205 16,824 2,426 4,432 3,250 5,935 6,074 3,736 10,929 3,080 16,797 11,912 2,405 16,524 14,799 4,255 11,170 2,719 2,625 20,590 25,605 30,807 2,683 1,317 27,701 1,843 3,339 4,191 3,645 4,650 3,730

5.000%

6/15/27

2,000

2,458

5.000%

6/15/28

2,500

3,052

5.000% 4.625% 5.250% 5.000% 5.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 5.000% 5.000% 5.000% 0.000% 5.000% 0.000% 0.000% 0.000% 5.000% 5.000%

6/15/29 7/15/18 7/15/18 8/1/26 8/1/27 8/1/29 8/1/30 11/15/19 5/15/27 4/1/26 4/1/28 4/1/29 4/1/30 4/1/31 4/1/32 4/1/33 4/1/35 4/1/36 6/1/32 6/1/33 8/1/23 8/1/24 8/1/25 8/1/26 8/1/27 8/1/27 8/1/28 8/1/29 9/1/27 7/1/22 7/1/27

1,675 1,000 2,000 3,385 1,080 3,315 2,150 13,825 2,110 700 1,000 1,000 1,000 1,000 1,500 1,500 2,650 1,750 2,000 2,000 9,045 4,210 5,000 8,650 6,565 5,145 7,105 12,640 11,125 10,000 10,000

2,031 1,064 2,150 4,122 1,310 2,226 1,376 14,960 2,625 880 1,237 1,226 1,216 1,210 1,804 1,797 3,154 2,079 2,439 2,428 7,993 5,166 6,104 10,520 5,091 6,239 5,232 8,980 8,320 11,407 11,384

(Prere.) (Prere.)

(14)

(2) (2) (14)

(Prere.) (Prere.)

(14) (14)

(2)

Intermediate-Term Tax-Exempt Fund

Southern California Public Power Authority Revenue Southern California Public Power Authority Revenue Southern California Public Power Authority Revenue (Canyon Power Project) Southern California Public Power Authority Revenue (Milford Wind Corridor Phase I Project) Southern California Public Power Authority Revenue (Natural Gas Project) State Center California Community College District GO State Center California Community College District GO State Center California Community College District GO Sweetwater CA Unified School District GO Tulare County CA Transportation Authority Sales Tax Revenue Tulare County CA Transportation Authority Sales Tax Revenue Tuolumne CA Wind Project Authority Revenue Tuolumne CA Wind Project Authority Revenue Tuolumne CA Wind Project Authority Revenue Tuolumne CA Wind Project Authority Revenue Turlock CA Irrigation District Revenue Turlock CA Irrigation District Revenue Turlock CA Irrigation District Revenue Turlock CA Irrigation District Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue PUT Ventura County CA Community College District GO Ventura County CA Community College District GO Ventura County CA Community College District GO Ventura County CA Community College District GO Ventura County CA Community College District GO Ventura County CA Community College District GO Ventura County CA Community College District GO Ventura County CA Community College District GO Ventura County CA Public Financing Authority COP Ventura County CA Public Financing Authority COP Ventura County CA Public Financing Authority COP Victor Valley CA Community College District GO Vista CA Joint Powers Financing Authority Revenue Vista CA Joint Powers Financing Authority Revenue Vista CA Joint Powers Financing Authority Revenue Walnut CA Energy Center Authority Revenue Walnut CA Energy Center Authority Revenue West Basin CA Municipal Water District COP West Basin CA Municipal Water District COP West Contra Costa CA Unified School District GO West Contra Costa CA Unified School District GO West Contra Costa CA Unified School District GO West Contra Costa CA Unified School District GO West Contra Costa CA Unified School District GO West Contra Costa CA Unified School District GO West Contra Costa CA Unified School District GO West Contra Costa CA Unified School District GO West Contra Costa CA Unified School District GO

140

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.625% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.500% 5.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.625% 5.750% 5.750% 5.375% 5.250% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.000% 5.000% 0.000% 5.000% 0.000% 5.000%

7/1/28 7/1/29 7/1/22 7/1/26 11/1/27 8/1/29 8/1/30 8/1/31 8/1/29 2/1/34 2/1/35 1/1/19 1/1/19 1/1/19 1/1/19 1/1/20 1/1/20 1/1/20 1/1/20 5/15/19 5/15/19 5/15/19 5/15/19 5/15/23 5/15/23 5/15/23 5/15/26 5/15/27 5/15/27 5/15/28 5/15/28 5/15/28 5/15/29 5/15/30 5/15/31 5/15/32 5/15/32 5/15/33 5/15/34 5/15/36 5/15/23 8/1/23 8/1/24 8/1/25 8/1/26 8/1/27 8/1/27 8/1/28 8/1/29 8/15/19 8/15/19 8/15/19 8/1/19 5/1/32 5/1/33 5/1/34 1/1/29 1/1/30 8/1/18 8/1/18 8/1/17 8/1/18 8/1/19 8/1/20 8/1/27 8/1/28 8/1/29 8/1/32 8/1/32

10,000 2,500 5,000 9,000 375 6,005 3,335 5,070 3,300 3,000 2,000 13,465 13,130 3,000 9,000 3,935 4,160 4,335 2,250 11,000 4,245 14,675 5,000 2,000 3,000 1,500 12,915 6,010 5,000 12,500 5,500 25,995 19,000 2,830 11,000 4,000 21,800 31,200 38,420 7,175 127,165 6,155 8,050 8,000 8,500 8,500 1,000 1,000 1,000 1,000 1,750 1,750 4,250 6,155 6,815 7,355 2,510 3,775 5,365 5,000 1,565 3,000 4,190 6,000 2,405 5,230 3,500 5,000 6,270

11,376 2,841 5,862 10,092 463 7,388 4,080 6,167 3,981 3,204 2,165 14,635 14,270 3,262 9,902 4,418 4,670 4,867 2,526 12,192 4,705 16,341 5,599 2,460 3,680 1,753 15,027 7,530 5,813 15,569 6,850 31,507 23,463 3,253 13,405 4,847 25,863 36,910 45,348 8,662 155,852 5,355 6,790 6,500 6,649 6,347 1,230 1,226 1,206 1,127 1,979 1,979 4,756 7,560 8,330 8,946 2,768 4,170 5,752 5,360 1,552 2,944 4,033 5,657 2,952 3,748 4,227 3,081 7,305

(15)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(Prere.) (Prere.) (Prere.) (Prere.)

(Prere.) (Prere.) (12) (ETM) (12) (12) (14) (12) (4)

Intermediate-Term Tax-Exempt Fund

Coupon West Contra Costa CA Unified School District GO Westlands CA Water District Revenue

0.000% 5.000%

Maturity Date 8/1/33 (12) 9/1/26 (4)

Face Amount ($000)

Market Value• ($000)

2,810 1,000

1,649 1,182 6,162,112

Colorado (1.3%) Adams County CO COP Adams County CO COP Adams County CO COP Aurora CO COP Aurora CO COP Aurora CO COP Aurora CO COP Aurora CO COP Aurora CO COP Aurora CO COP Broomfield CO City & County COP Broomfield CO City & County COP Broomfield CO City & County COP Broomfield CO City & County COP Colorado (UCDHSC Fitzsimons Academic Projects) COP Colorado Education Loan Program Revenue Colorado Education Loan Program Revenue Colorado General Fund Revenue Colorado Health Facilities Authority Revenue (Adventist Health System/Sunbelt Obligated Group) PUT Colorado Health Facilities Authority Revenue (Adventist Health System/Sunbelt Obligated Group) PUT Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) 4 Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) TOB VRDO Colorado Health Facilities Authority Revenue (Christian Living Communities) Colorado Health Facilities Authority Revenue (Christian Living Communities) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (NCMC Inc.) Colorado Health Facilities Authority Revenue (NCMC Inc.) Colorado Health Facilities Authority Revenue (NCMC Inc.) Colorado Health Facilities Authority Revenue (NCMC Inc.) Colorado Health Facilities Authority Revenue (Sisters of Charity of Leavenworth Health System) Colorado Health Facilities Authority Revenue (Sisters of Charity of Leavenworth Health System) Colorado Health Facilities Authority Revenue (Sisters of Charity of Leavenworth Health System) Commerce City CO Sales & Use Tax Revenue Commerce City CO Sales & Use Tax Revenue Denver CO City & County Airport Revenue Denver CO City & County Airport Revenue Denver CO City & County Airport Revenue Denver CO City & County Airport Revenue Denver CO City & County Airport Revenue Denver CO City & County Airport Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue Garfield, Pitkin, & Eagle County CO School District GO Garfield, Pitkin, & Eagle County CO School District GO

141

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 2.000% 5.000% 2.000%

12/1/30 12/1/33 12/1/34 12/1/19 12/1/20 12/1/21 12/1/22 12/1/23 12/1/24 12/1/25 12/1/24 12/1/25 12/1/26 12/1/29 11/1/23 6/29/17 6/29/17 6/27/17

600 1,000 725 1,050 2,000 3,505 4,730 4,465 4,215 5,475 2,685 2,820 2,965 7,470 5,000 13,200 11,800 34,000

719 1,180 850 1,168 2,241 3,922 5,290 4,990 4,708 6,109 3,036 3,181 3,345 8,418 6,128 13,307 12,126 34,272

5.000%

11/15/23

7,000

8,475

5.000% 6.125% 5.500% 5.250% 5.000% 0.780% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.250% 5.250% 0.000% 5.250% 5.250% 0.000% 0.000% 0.000% 0.000% 0.000% 5.250% 5.375% 1.000% 2.000%

11/15/26 10/1/28 7/1/29 2/1/31 1/1/33 11/7/16 1/1/25 1/1/26 12/1/23 12/1/24 12/1/25 12/1/26 12/1/27 12/1/27 12/1/28 12/1/30 12/1/33 5/15/29 5/15/30 5/15/31 5/15/32 1/1/22 1/1/22 1/1/30 8/1/31 8/1/33 11/15/25 11/15/26 11/15/28 11/15/28 11/15/29 11/15/30 9/1/17 9/1/18 9/1/18 9/1/19 9/1/21 9/1/22 9/1/23 9/1/24 9/1/25 9/1/26 12/15/16 12/15/17

25,000 10,000 50,000 17,000 8,385 5,305 600 750 2,000 2,500 2,540 1,865 2,025 1,375 1,030 1,405 6,750 5,000 8,500 5,390 5,500 6,100 13,175 20,955 2,415 2,410 15,000 5,750 3,210 3,000 5,000 14,400 24,490 7,850 6,355 15,100 27,500 11,315 15,435 20,000 1,500 2,500 500 500

31,198 10,866 55,104 18,902 9,393 5,305 694 862 2,335 2,943 2,987 2,179 2,272 1,595 1,185 1,604 7,401 5,540 9,349 5,895 5,982 6,832 14,756 23,314 2,843 2,815 17,948 6,858 3,600 3,613 5,986 17,282 24,228 8,219 6,784 14,367 25,030 10,077 13,122 16,374 1,673 2,789 500 507

(4) (4)

(14) (14) (14) (14) (14) (14) (14)

Intermediate-Term Tax-Exempt Fund

Garfield, Pitkin, & Eagle County CO School District GO Garfield, Pitkin, & Eagle County CO School District GO Garfield, Pitkin, & Eagle County CO School District GO Garfield, Pitkin, & Eagle County CO School District GO Park Creek CO Metropolitan District Limited Property Tax Revenue Park Creek CO Metropolitan District Limited Property Tax Revenue Park Creek CO Metropolitan District Limited Property Tax Revenue Park Creek CO Metropolitan District Limited Property Tax Revenue Park Creek CO Metropolitan District Limited Property Tax Revenue Park Creek CO Metropolitan District Limited Property Tax Revenue Park Creek CO Metropolitan District Limited Property Tax Revenue Regional Transportation District of Colorado COP Regional Transportation District of Colorado COP Regional Transportation District of Colorado COP Regional Transportation District of Colorado Sales Tax Revenue (FasTracks Project) Regional Transportation District of Colorado Sales Tax Revenue (FasTracks Project) University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue University of Colorado Hospital Authority Revenue University of Colorado Hospital Authority Revenue

Coupon

Maturity Date

4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.500% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 4.000% 5.000% 5.000% 6.000%

12/15/32 12/15/33 12/15/34 12/15/35 12/1/23 12/1/26 12/1/29 12/1/31 12/1/33 12/1/34 12/1/35 6/1/23 6/1/24 6/1/25 11/1/24 11/1/25 6/1/17 (Prere.) 6/1/19 (Prere.) 6/1/19 (Prere.) 6/1/26 6/1/26 6/1/27 6/1/28 6/1/28 6/1/28 6/1/29 6/1/29 6/1/30 6/1/31 6/1/32 6/1/32 6/1/33 6/1/33 11/15/27 11/15/29

Face Amount ($000)

Market Value• ($000)

4,010 7,535 7,075 7,440 1,520 1,000 2,000 1,500 1,080 1,250 1,125 2,000 1,000 1,000 5,000 5,875 5,785 2,750 2,000 1,250 1,500 2,085 5,600 2,480 2,000 2,445 2,250 2,720 1,850 2,250 1,950 3,700 3,155 6,000 9,850

4,453 8,329 7,778 8,154 1,798 1,189 2,336 1,734 1,236 1,425 1,281 2,259 1,126 1,120 6,007 7,058 5,930 3,066 2,230 1,483 1,839 2,470 6,310 2,935 2,419 2,889 2,704 3,229 2,191 2,497 2,304 4,087 3,718 7,057 11,101 664,315

Connecticut (1.4%) 1 Connecticut GO Connecticut GO Connecticut GO 1 Connecticut GO Connecticut GO Connecticut GO Connecticut GO 1 Connecticut GO Connecticut GO 1 Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO

1.400% 5.000% 4.000% 1.550% 5.000% 5.000% 5.000% 1.880% 5.000% 1.380% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

142

5/15/17 11/1/17 11/15/17 5/15/18 11/15/18 12/15/18 3/15/20 4/15/20 11/1/20 3/1/21 11/1/21 3/15/22 4/15/22 5/15/22 6/1/22 6/15/22 9/15/22 11/15/22 11/15/22 3/15/23 11/1/23 11/15/23 11/15/23 3/15/24 6/1/24 9/1/24 10/15/24 11/15/24 11/15/24 3/1/25 9/1/25 11/15/25

5,000 7,750 6,885 14,100 8,500 11,100 7,770 17,000 4,970 4,305 5,000 14,405 6,005 11,310 8,010 9,355 6,830 5,000 17,120 18,315 10,000 7,715 14,275 10,000 10,000 20,000 10,805 6,440 10,025 19,440 19,395 15,795

5,008 8,070 7,108 14,126 9,175 11,160 8,692 17,158 5,653 4,319 5,824 16,099 7,030 13,092 9,402 10,990 8,063 5,922 20,277 21,726 11,674 9,266 17,145 11,999 11,770 24,147 12,812 7,796 12,135 22,933 23,479 19,317

Intermediate-Term Tax-Exempt Fund

4

Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut Health & Educational Facilities Authority Revenue (Hartford Healthcare) Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) Connecticut Health & Educational Facilities Authority Revenue (Stamford Hospital) Connecticut Health & Educational Facilities Authority Revenue (Trinity Health Corp.) TOB VRDO Connecticut Health & Educational Facilities Authority Revenue (Wesleyan University) Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT Connecticut Special Tax Revenue (Transportation Infrastructure) Connecticut Special Tax Revenue (Transportation Infrastructure) Connecticut Special Tax Revenue (Transportation Infrastructure) Connecticut Special Tax Revenue (Transportation Infrastructure) Connecticut Special Tax Revenue (Transportation Infrastructure) Connecticut Special Tax Revenue (Transportation Infrastructure) Connecticut Special Tax Revenue (Transportation Infrastructure) Connecticut Special Tax Revenue (Transportation Infrastructure) Connecticut Special Tax Revenue (Transportation Infrastructure) Connecticut Special Tax Revenue (Transportation Infrastructure) Connecticut Special Tax Revenue (Transportation Infrastructure) Hartford CT GO South Central CT Regional Water Authority Water System Revenue South Central CT Regional Water Authority Water System Revenue University of Connecticut GO University of Connecticut GO

Coupon

Maturity Date

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.660% 5.000% 1.200% 1.000% 2.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/15/25 9/1/26 11/1/26 3/15/27 3/1/30 3/1/31 4/15/32 8/15/32 7/1/32 7/1/24 7/1/25 7/1/32 11/7/16 7/1/20 (Prere.) 2/1/19 2/6/19 7/1/26 11/1/17 9/1/22 11/1/23 11/1/24 1/1/25 11/1/25 1/1/26 1/1/27 9/1/31 9/1/32 9/1/34 4/1/28 8/1/24 8/1/29 2/15/26 2/15/27

Face Amount ($000)

Market Value• ($000)

3,250 13,170 9,250 10,000 8,900 10,500 4,000 20,000 4,000 5,475 5,190 15,000 4,000 8,550 14,920 40,000 8,000 7,090 5,000 12,085 10,880 19,445 12,515 8,225 15,000 10,000 6,000 3,745 2,055 750 1,000 3,140 8,000

3,975 15,838 10,764 11,990 10,382 12,187 4,557 23,158 4,408 6,628 6,326 16,626 4,000 9,762 14,964 39,925 7,972 7,385 5,963 13,017 11,712 23,325 13,467 9,850 17,925 11,901 7,108 4,404 2,198 925 1,226 3,840 9,677 740,752

Delaware (0.0%) Delaware GO 2 Delaware Transportation Authority Transportation System Revenue University of Delaware Revenue

5.000% 5.000% 5.000%

8/1/24 7/1/19 (Prere.) 11/1/22

6,040 10,000 1,000

7,463 11,053 1,113 19,629

District of Columbia (0.3%) District of Columbia GO District of Columbia GO District of Columbia GO District of Columbia GO District of Columbia GO District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) District of Columbia Income Tax Revenue District of Columbia Income Tax Revenue District of Columbia Revenue (Georgetown University) District of Columbia Revenue (Georgetown University) District of Columbia Revenue (Georgetown University) District of Columbia Revenue (Georgetown University) District of Columbia Revenue (Georgetown University) PUT District of Columbia Revenue (Methodist Home of the District of Columbia) District of Columbia Revenue (National Public Radio, Inc.) District of Columbia Revenue (National Public Radio, Inc.) District of Columbia Revenue (National Public Radio, Inc.) District of Columbia Water & Sewer Authority Public Utility Revenue District of Columbia Water & Sewer Authority Public Utility Revenue District of Columbia Water & Sewer Authority Public Utility Revenue District of Columbia Water & Sewer Authority Public Utility Revenue Metropolitan Washington DC/VA Airports Authority Airport System Revenue VRDO

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.700% 4.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.530%

6/1/19 6/1/19 6/1/20 6/1/21 6/1/21 7/15/24 7/15/25 12/1/22 12/1/32 4/1/21 4/1/22 4/1/23 4/1/24 4/1/18 1/1/25 4/1/25 4/1/26 4/1/28 10/1/31 10/1/31 10/1/32 10/1/32 11/1/16

(4) (4) (4)

(2) (2) (2) (2)

LOC

5,000 5,325 11,840 5,000 10,380 2,025 2,200 3,500 5,210 5,610 5,800 6,600 6,190 23,500 1,815 4,170 3,985 2,000 9,595 5,115 5,000 5,000 3,490

5,508 5,564 12,369 5,841 10,844 2,504 2,757 4,243 6,245 5,698 5,889 6,701 6,285 24,633 1,865 5,107 4,919 2,430 11,299 6,023 5,879 5,879 3,490 151,972

Florida (5.3%) Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project)

143

5.000%

12/1/25

1,000

1,193

5.000%

12/1/26

1,250

1,481

Intermediate-Term Tax-Exempt Fund

3 3 3 3 3 3 3 3

Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL Health Facilities Authority Revenue (Health First Inc. Brevard County FL School Board COP Brevard County FL School Board COP Brevard County FL School Board COP Brevard County FL School Board COP Broward County FL Airport System Revenue Broward County FL Airport System Revenue Broward County FL Airport System Revenue Broward County FL Airport System Revenue Broward County FL Airport System Revenue Broward County FL Airport System Revenue Broward County FL Airport System Revenue Broward County FL GO Broward County FL Port Facilities Revenue Broward County FL School Board COP Broward County FL Water & Sewer Utility Revenue Central Florida Expressway Authority BAN Central Florida Expressway Authority Revenue Central Florida Expressway Authority Revenue Central Florida Expressway Authority Revenue Central Florida Expressway Authority Revenue Central Florida Expressway Authority Revenue Central Florida Expressway Authority Revenue Central Florida Expressway Authority Revenue Central Florida Expressway Authority Revenue Citizens Property Insurance Corp. Florida Revenue (Coastal Account) Citizens Property Insurance Corp. Florida Revenue (Coastal Account) Citizens Property Insurance Corp. Florida Revenue (Coastal Account) Citizens Property Insurance Corp. Florida Revenue (Coastal Account) Citizens Property Insurance Corp. Florida Revenue (Personal Lines Account/Commercial Lines Account) Citizens Property Insurance Corp. Florida Revenue (Personal Lines Account/Commercial Lines Account) Duval County FL School Board COP Duval County FL School Board COP Florida Board of Education Lottery Revenue Florida Board of Education Lottery Revenue Florida Board of Education Lottery Revenue Florida Board of Education Lottery Revenue Florida Board of Education Lottery Revenue Florida Board of Education Lottery Revenue Florida Board of Education Lottery Revenue Florida Board of Education Lottery Revenue Florida Board of Education Lottery Revenue Florida Board of Education Lottery Revenue Florida Board of Education Lottery Revenue Florida Board of Education Public Education Capital Outlay GO Florida Board of Education Public Education Capital Outlay GO Florida Board of Education Public Education Capital Outlay GO Florida Board of Education Public Education Capital Outlay GO

Project) Project) Project) Project) Project) Project) Project) Project) Project) Project) Project) Project) Project) Project) Project) Project) Project)

144

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

12/1/27

1,300

1,532

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.500% 5.500% 5.000% 5.500% 5.250% 5.000% 1.625% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000%

12/1/34 4/1/22 4/1/23 4/1/23 4/1/24 4/1/24 4/1/25 4/1/25 4/1/26 4/1/27 4/1/27 4/1/28 4/1/29 4/1/30 4/1/31 4/1/31 4/1/32 4/1/33 7/1/17 7/1/17 7/1/17 7/1/25 10/1/25 10/1/26 10/1/27 10/1/28 10/1/31 10/1/32 10/1/33 1/1/20 9/1/29 7/1/18 10/1/18 1/1/19 7/1/25 7/1/26 7/1/27 7/1/28 7/1/32 7/1/33 7/1/33 7/1/34 6/1/17 6/1/20 6/1/22 6/1/25

22,000 5,050 1,100 5,065 2,370 5,595 2,440 5,890 6,200 2,620 6,280 5,795 4,355 3,290 4,500 7,000 9,000 6,750 4,615 4,850 5,090 1,000 2,000 2,730 5,785 5,000 7,210 7,610 8,025 9,185 5,500 12,480 2,000 25,000 2,500 4,000 5,000 4,000 6,500 9,500 4,715 7,000 60,990 19,000 30,000 20,000

25,103 5,892 1,314 6,015 2,875 6,598 2,937 6,896 7,209 3,112 7,267 6,841 5,103 3,834 5,211 7,921 10,383 7,763 4,746 4,988 5,235 1,186 2,341 3,179 6,695 5,758 8,744 9,197 9,670 10,312 6,063 13,380 2,155 25,149 3,092 4,986 6,176 4,892 7,059 10,267 5,614 8,289 62,588 21,152 35,174 24,422

5.000%

6/1/19

19,150

21,043

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/1/20 7/1/27 7/1/33 7/1/17 7/1/17 7/1/17 7/1/17 7/1/18 7/1/19 7/1/19 7/1/24 7/1/24 7/1/25 7/1/26 6/1/17 6/1/18 6/1/18 6/1/19

21,100 4,000 14,415 14,690 13,700 14,385 15,855 4,000 2,775 4,550 11,385 14,020 13,215 13,875 3,500 10,170 8,180 7,000

23,830 4,839 16,864 15,248 14,221 14,932 16,458 4,271 3,065 4,903 12,250 17,395 14,214 14,919 3,621 10,837 8,716 7,721

(Prere.) (Prere.) (Prere.)

(Prere.) (Prere.)

(Prere.) (Prere.) (Prere.) (Prere.)

(Prere.)

Intermediate-Term Tax-Exempt Fund

Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida

Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Board of Education Public Education Capital Outlay GO Department of Environmental Protection & Preservation Revenue Department of Environmental Protection & Preservation Revenue Department of Environmental Protection & Preservation Revenue Department of Environmental Protection & Preservation Revenue Department of Environmental Protection & Preservation Revenue Department of Environmental Protection & Preservation Revenue Department of Environmental Protection & Preservation Revenue Department of Environmental Protection & Preservation Revenue Department of Environmental Protection & Preservation Revenue Department of Environmental Protection & Preservation Revenue Department of Environmental Protection & Preservation Revenue Department of Environmental Protection & Preservation Revenue Department of Environmental Protection & Preservation Revenue Department of Environmental Protection & Preservation Revenue Department of Transportation GO Department of Transportation GO Department of Transportation GO Department of Transportation GO Department of Transportation GO Department of Transportation GO Department of Transportation GO Higher Educational Facilities Financing Authority Revenue (Nova Southeastern University) Higher Educational Facilities Financing Authority Revenue (Nova Southeastern University) Higher Educational Facilities Financing Authority Revenue (University of Tampa Project) Mid-Bay Bridge Authority Revenue Mid-Bay Bridge Authority Revenue Mid-Bay Bridge Authority Revenue Mid-Bay Bridge Authority Revenue Municipal Power Agency Revenue Municipal Power Agency Revenue Municipal Power Agency Revenue Municipal Power Agency Revenue Municipal Power Agency Revenue Municipal Power Agency Revenue Municipal Power Agency Revenue Municipal Power Agency Revenue Municipal Power Agency Revenue Municipal Power Agency Revenue Municipal Power Agency Revenue Municipal Power Agency Revenue Municipal Power Agency Revenue Municipal Power Agency Revenue Municipal Power Agency Revenue Ports Financing Commission Revenue Ports Financing Commission Revenue Ports Financing Commission Revenue Turnpike Authority Revenue Turnpike Authority Revenue Turnpike Authority Revenue Turnpike Authority Revenue Turnpike Authority Revenue Turnpike Authority Revenue Turnpike Authority Revenue

145

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000%

6/1/19 6/1/20 6/1/20 6/1/20 6/1/20 6/1/21 6/1/21 6/1/21 6/1/22 6/1/22 6/1/22 6/1/22 6/1/23 6/1/23 6/1/23 6/1/25 6/1/31 7/1/17 7/1/17 7/1/17 7/1/17 7/1/17 7/1/17 7/1/17 7/1/17 7/1/19 7/1/20 7/1/24 7/1/25 7/1/26 7/1/27 7/1/19 7/1/19 7/1/20 7/1/21 7/1/21 7/1/22 7/1/22 4/1/33 4/1/34 4/1/32 10/1/23 10/1/24 10/1/25 10/1/30 10/1/18 10/1/19 10/1/19 10/1/21 10/1/23 10/1/24 10/1/25 10/1/26 10/1/27 10/1/27 10/1/28 10/1/29 10/1/29 10/1/30 10/1/31 10/1/24 10/1/26 10/1/28 7/1/17 7/1/19 7/1/19 7/1/20 7/1/24 7/1/25 7/1/34

2,905 9,020 10,000 22,000 5,585 8,200 35,250 7,945 8,700 10,000 7,050 3,040 10,440 2,125 7,000 20,515 5,000 8,175 6,700 10,045 9,025 9,475 9,950 5,445 10,970 5,855 4,025 10,025 10,525 11,055 11,605 7,895 5,000 6,620 4,120 7,540 22,060 6,055 1,800 1,500 1,000 2,000 1,750 1,250 2,750 10,625 10,000 3,000 5,000 1,750 1,000 1,705 1,000 1,875 1,100 1,370 5,000 3,475 9,995 8,500 2,075 1,420 2,000 1,420 1,365 9,230 3,000 8,760 9,275 12,355

3,204 10,269 11,384 25,045 6,215 9,599 41,266 9,301 10,439 11,999 8,459 3,648 12,774 2,357 9,014 25,324 5,817 8,405 6,956 10,429 9,370 9,837 10,330 5,653 11,389 6,305 4,572 10,762 11,286 11,854 12,422 8,733 5,531 7,555 4,835 8,848 26,525 6,747 2,109 1,751 1,114 2,368 2,095 1,511 3,175 11,457 11,147 3,409 5,832 2,121 1,228 2,111 1,228 2,012 1,342 1,656 6,108 4,175 12,138 10,265 2,410 1,646 2,319 1,461 1,416 10,202 3,113 10,840 11,605 13,252

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(Prere.) (4) (Prere.)

Intermediate-Term Tax-Exempt Fund

Coupon Florida Water Pollution Control Financing Corp. Revenue Fort Myers FL Improvement Revenue Fort Myers FL Improvement Revenue Greater Orlando Aviation Authority Florida Airport Facilities Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Hernando County FL School District COP Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Hillsborough County FL Aviation Authority Revenue (Tampa International Airport) Hillsborough County FL Aviation Authority Revenue (Tampa International Airport) Hillsborough County FL Community Investment Tax Revenue Hillsborough County FL Community Investment Tax Revenue Hillsborough County FL Industrial Development Authority Health Facilities Revenue (University Community Hospital) Hillsborough County FL Industrial Development Authority Hospital Revenue (Tampa General Hospital Project) Hillsborough County FL Industrial Development Authority Hospital Revenue (Tampa General Hospital Project) Hillsborough County FL Industrial Development Authority Hospital Revenue (Tampa General Hospital Project) Hillsborough County FL Industrial Development Authority Revenue (University Community Hospital) Hillsborough County FL School Board (Master Lease Program) COP Hillsborough County FL School Board (Master Lease Program) COP Hillsborough County FL School Board (Master Lease Program) COP Hillsborough County FL School Board COP Hillsborough County FL School Board COP Jacksonville FL Electric Authority Electric System Revenue Jacksonville FL Electric Authority Electric System Revenue Jacksonville FL Electric Authority Electric System Revenue Jacksonville FL Electric Authority Electric System Revenue Jacksonville FL Electric Authority Electric System Revenue Jacksonville FL Electric Authority Electric System Revenue Jacksonville FL Electric Authority Electric System Revenue Jacksonville FL Electric Authority Electric System Revenue Jacksonville FL Electric Authority Revenue (St. John’s River Power Park) Jacksonville FL Electric Authority Revenue (St. John’s River Power Park) Jacksonville FL Electric Authority Water & Sewer Revenue Jacksonville FL Electric Authority Water & Sewer Revenue Jacksonville FL Electric Authority Water & Sewer Revenue Jacksonville FL Sales Taxes Revenue Jacksonville FL Sales Taxes Revenue Jacksonville FL Sales Taxes Revenue Jacksonville FL Sales Taxes Revenue Jacksonville FL Special Revenue Jacksonville FL Special Revenue Jacksonville FL Special Revenue Jacksonville FL Special Revenue Jacksonville FL Special Revenue Jacksonville FL Special Revenue Jacksonville FL Special Revenue Jacksonville FL Special Revenue

146

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

Maturity Date 1/15/20 12/1/16 (Prere.) 12/1/25 (14) 10/1/25 6/1/23 6/1/24 6/1/25 6/1/27 6/1/28 6/1/29 6/1/30 7/1/31 (4)

Face Amount ($000)

Market Value• ($000)

2,000 6,330 1,010 1,690 1,320 1,110 1,350 1,445 2,000 2,000 2,000 5,925

2,166 6,353 1,014 1,899 1,572 1,341 1,649 1,757 2,403 2,384 2,362 7,033

5.000%

11/15/17

3,000

3,129

5.000%

11/15/18

2,000

2,160

5.000%

11/15/18

3,000

3,240

5.000%

11/15/20

2,155

2,406

5.000%

11/15/20

7,000

7,806

4.500%

11/15/21

2,250

2,442

5.250% 5.000% 5.000% 5.000% 5.000%

11/15/21 10/1/17 10/1/18 11/1/18 11/1/19

2,000 2,750 3,400 12,320 14,680

2,241 2,848 3,637 13,297 16,374

1,260

1,307

5.500%

8/15/17 (ETM)

5.000%

10/1/28

12,300

14,374

5.000%

10/1/31

26,400

30,315

5.000%

10/1/34

3,000

3,392

6.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

8/15/19 7/1/27 7/1/28 7/1/29 7/1/24 7/1/25 10/1/22 10/1/22 10/1/23 10/1/24 10/1/25 10/1/27 10/1/28 10/1/29 10/1/19 10/1/20 10/1/29 10/1/29 10/1/30 10/1/18 10/1/18 10/1/18 10/1/18 10/1/19 10/1/20 10/1/25 10/1/26 10/1/28 10/1/29 10/1/30 10/1/32

2,230 13,575 14,000 15,070 16,305 6,000 600 2,500 750 7,025 2,000 4,490 3,900 2,075 15,265 22,255 6,160 2,000 3,000 13,280 5,415 5,685 5,970 4,800 15,420 4,500 7,710 6,385 7,750 3,145 1,750

2,441 15,822 16,239 17,397 18,237 6,697 720 2,793 895 8,355 2,369 5,311 4,325 2,303 17,009 25,527 7,104 2,382 3,286 14,252 5,837 6,128 6,435 5,349 17,604 5,323 9,426 7,675 9,252 3,726 2,077

(ETM)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

Jacksonville FL Special Revenue Jacksonville FL Special Revenue Lake County FL School Board COP Lake County FL School Board COP Lake County FL School Board COP Lake County FL School Board COP Lakeland FL Educational Facilities Revenue (Florida Southern College Project) Lakeland FL Energy System Revenue Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) Lee County FL Non-Ad Valorem Revenue Lee County FL Non-Ad Valorem Revenue Lee County FL Non-Ad Valorem Revenue Lee County FL School Board COP Lee County FL School Board COP Lee County FL School Board COP Lee County FL School Board COP Lee County FL School Board COP Lee County FL School Board COP Lee County FL School Board COP Lee County FL Transportation Facilities Revenue Lee County FL Transportation Facilities Revenue Lee County FL Transportation Facilities Revenue Lee County FL Transportation Facilities Revenue Lee County FL Transportation Facilities Revenue Lee County FL Transportation Facilities Revenue Lee County FL Transportation Facilities Revenue Lee County FL Water & Sewer Revenue Manatee County FL Revenue Manatee County FL Revenue Manatee County FL Revenue Manatee County FL Revenue Manatee County FL Revenue Marco Island FL Utility System Revenue Marco Island FL Utility System Revenue Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Redevelopment Agency Tax Allocation Revenue Miami Beach FL Redevelopment Agency Tax Allocation Revenue Miami Beach FL Resort Tax Revenue Miami Beach FL Resort Tax Revenue Miami Beach FL Resort Tax Revenue Miami Beach FL Resort Tax Revenue Miami Beach FL Resort Tax Revenue Miami Beach FL Resort Tax Revenue Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Building Better Communities GO Miami-Dade County FL Building Better Communities GO Miami-Dade County FL Building Better Communities GO Miami-Dade County FL Building Better Communities GO

147

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

10/1/33 10/1/34 6/1/28 6/1/29 6/1/30 6/1/31 9/1/31 10/1/17 11/15/25 11/15/26 11/15/27 11/15/35 10/1/22 10/1/23 10/1/24 8/1/22 8/1/23 8/1/24 8/1/27 8/1/28 8/1/34 8/1/35 10/1/26 10/1/28 10/1/30 10/1/32 10/1/33 10/1/34 10/1/35 10/1/25 10/1/22 10/1/23 10/1/25 10/1/26 10/1/27 10/1/32 10/1/33 11/15/20 11/15/21 11/15/22 11/15/23 11/15/29 11/15/30 2/1/34 2/1/35 9/1/25 9/1/26 9/1/28 9/1/29 9/1/30 9/1/35 10/1/18 10/1/20 10/1/23 10/1/24 10/1/25 10/1/25 10/1/26 10/1/29 10/1/29 10/1/30 10/1/30 10/1/31 10/1/31 10/1/34 10/1/35 7/1/24 7/1/27 7/1/35 7/1/35

3,105 1,765 1,500 1,750 3,000 5,000 500 1,000 2,000 2,200 5,000 3,000 1,750 2,750 3,000 1,600 1,130 2,310 5,000 4,000 3,500 4,270 1,000 3,055 3,300 1,820 1,000 1,000 1,000 5,950 1,255 1,300 1,325 1,520 1,580 3,300 2,000 2,825 3,415 3,000 2,525 1,325 1,000 4,000 5,000 840 1,000 1,300 1,000 1,500 1,500 1,800 555 1,460 2,630 2,750 5,000 6,500 6,645 4,000 4,460 5,500 2,055 4,765 2,000 2,450 5,000 3,600 8,210 15,390

3,633 2,058 1,775 2,057 3,505 5,892 563 1,039 2,446 2,716 6,108 3,407 2,097 3,354 3,713 1,905 1,367 2,818 6,029 4,791 4,130 5,027 1,210 3,648 3,902 2,134 1,168 1,164 1,161 6,981 1,507 1,586 1,608 1,840 1,907 3,887 2,347 3,209 3,969 3,556 2,973 1,503 1,158 4,605 5,738 1,043 1,229 1,579 1,206 1,799 1,764 1,940 636 1,663 2,994 3,362 5,650 7,387 7,530 4,398 5,373 6,199 2,419 5,708 2,365 2,891 6,200 4,489 9,784 18,340

(4) (4) (4) (4)

(4) (4) (4) (4) (4) (4) (4)

(Prere.) (Prere.)

(12)

Intermediate-Term Tax-Exempt Fund

2

4

Miami-Dade County FL Building Better Communities GO Miami-Dade County FL Building Better Communities GO Miami-Dade County FL Educational Facilities Authority Revenue (University of Miami) Miami-Dade County FL Educational Facilities Authority Revenue (University of Miami) Miami-Dade County FL Expressway Authority Toll System Revenue Miami-Dade County FL Expressway Authority Toll System Revenue Miami-Dade County FL Expressway Authority Toll System Revenue Miami-Dade County FL Expressway Authority Toll System Revenue Miami-Dade County FL Expressway Authority Toll System Revenue Miami-Dade County FL Expressway Authority Toll System Revenue Miami-Dade County FL Expressway Authority Toll System Revenue Miami-Dade County FL Expressway Authority Toll System Revenue Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL Seaport Revenue Miami-Dade County FL Seaport Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Transit Sales Surtax Revenue Miami-Dade County FL Transit Sales Surtax Revenue Miami-Dade County FL Transit Sales Surtax Revenue Miami-Dade County FL Transit Sales Surtax Revenue Miami-Dade County FL Transit Sales Surtax Revenue Miami-Dade County FL Water & Sewer Revenue Miami-Dade County FL Water & Sewer Revenue Miami-Dade County FL Water & Sewer Revenue TOB VRDO North Brevard County FL Hospital District Revenue (Parrish Medical Center Project) North Brevard County FL Hospital District Revenue (Parrish Medical Center Project) Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) Orange County FL School Board COP Orange County FL School Board COP Orange County FL Tourist Development Revenue Orange County FL Tourist Development Revenue Orange County FL Tourist Development Revenue Orange County FL Tourist Development Revenue Orange County FL Tourist Development Revenue

148

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.250% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.750% 5.750% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 5.000% 4.000% 5.000% 5.000% 4.000% 0.000% 5.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 0.780% 5.500% 5.500% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 4.500% 4.500% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/36 7/1/36 4/1/17 4/1/17 7/1/23 7/1/24 7/1/25 7/1/26 7/1/27 7/1/31 7/1/32 7/1/33 6/1/30 6/1/35 11/1/16 11/1/16 11/1/16 11/1/16 11/1/16 5/1/17 5/1/18 5/1/18 5/1/18 5/1/18 5/1/18 8/1/19 11/1/26 11/1/27 11/1/28 11/1/29 10/1/30 10/1/32 10/1/24 10/1/25 10/1/26 10/1/27 10/1/28 10/1/29 10/1/29 4/1/30 10/1/30 10/1/30 4/1/31 10/1/31 10/1/31 10/1/32 10/1/32 7/1/27 7/1/28 7/1/30 7/1/31 7/1/32 10/1/17 10/1/21 11/7/16 10/1/18 10/1/28 10/1/21 10/1/29 10/1/30 10/1/33 10/1/35 10/1/36 8/1/18 8/1/18 10/1/17 10/1/18 10/1/19 10/1/20 10/1/21

8,620 14,000 5,275 2,040 4,000 4,250 3,750 3,250 2,250 2,000 2,550 5,000 2,350 2,750 5,005 2,500 2,655 3,280 3,500 5,685 25,200 27,650 14,225 12,980 15,530 5,265 7,935 10,000 10,000 10,000 2,300 2,600 2,000 2,750 11,340 2,500 8,840 5,000 10,000 12,555 12,000 4,000 11,270 2,155 13,500 2,890 11,550 4,000 2,060 8,000 6,250 1,650 7,400 20,000 14,000 3,560 1,440 8,000 3,000 1,500 5,000 6,415 5,000 8,400 7,000 5,955 18,980 8,680 15,345 16,605

10,240 16,631 5,368 2,076 4,824 5,203 4,546 3,919 2,697 2,336 2,965 5,799 2,546 2,927 5,005 2,500 2,655 3,280 3,500 5,806 26,849 29,460 15,156 13,830 16,546 5,617 9,571 11,988 11,889 11,825 2,726 3,083 2,378 3,267 13,382 2,942 10,353 3,187 11,667 13,772 13,948 4,649 12,278 1,258 15,586 1,615 13,245 4,669 2,396 9,331 7,290 1,922 7,689 23,615 14,000 3,873 1,548 8,931 3,650 1,807 5,899 7,484 5,810 8,928 7,440 6,182 19,693 9,650 15,918 17,224

(Prere.) (Prere.)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (2)

(Prere.) (4) (Prere.)

(Prere.) (Prere.) (14) (14) (14)

Intermediate-Term Tax-Exempt Fund

2

Orlando & Orange County FL Expressway Authority Revenue Orlando & Orange County FL Expressway Authority Revenue Orlando & Orange County FL Expressway Authority Revenue Orlando & Orange County FL Expressway Authority Revenue Orlando FL Capital Improvement Revenue Orlando FL Capital Improvement Revenue Orlando FL Capital Improvement Revenue Orlando FL Capital Improvement Revenue Orlando FL Capital Improvement Revenue Orlando FL Capital Improvement Revenue Orlando FL Utility Commission Utility System Revenue Orlando FL Utility Commission Utility System Revenue Osceola County FL Expressway System Revenue (Poinciana Parkway Project) Osceola County FL Expressway System Revenue (Poinciana Parkway Project) Osceola County FL Expressway System Revenue (Poinciana Parkway Project) Osceola County FL Expressway System Revenue (Poinciana Parkway Project) Osceola County FL Expressway System Revenue (Poinciana Parkway Project) Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) Palm Beach County FL School Board COP Palm Beach County FL School Board COP Palm Beach County FL School Board COP Palm Beach County FL School Board COP Palm Beach County FL School Board COP Palm Beach County FL Solid Waste Authority Revenue Palm Beach County FL Solid Waste Authority Revenue Palm Beach County FL Solid Waste Authority Revenue Pasco County FL School Board COP Port St. Lucie FL Utility Revenue Port St. Lucie FL Utility Revenue Port St. Lucie FL Utility Revenue Port St. Lucie FL Utility Revenue Port St. Lucie FL Utility Revenue Port St. Lucie FL Utility Revenue Port St. Lucie FL Utility Revenue Port St. Lucie FL Utility Revenue Port St. Lucie FL Utility Revenue Port St. Lucie FL Utility Revenue Port St. Lucie FL Utility Revenue Reedy Creek FL Improvement District GO Reedy Creek FL Improvement District GO Reedy Creek FL Improvement District Utilities Revenue Sarasota County FL Infrastructure Sales Surtax Revenue Sarasota County FL Infrastructure Sales Surtax Revenue Sarasota County FL School Board COP Sarasota County FL School Board COP Sarasota County FL School Board COP Sarasota County FL School Board COP St. Johns County FL Development Authority Revenue (Presbyterian Retirement Communities Project) St. Lucie County FL School Board COP Sumter County FL Industrial Development Authority Hospital Revenue (Central Florida Health Alliance Project) Sumter County FL Industrial Development Authority Hospital Revenue (Central Florida Health Alliance Project) Sumter County FL Industrial Development Authority Hospital Revenue (Central Florida Health Alliance Project) Sumter County FL Industrial Development Authority Hospital Revenue (Central Florida Health Alliance Project) Sunshine State Governmental Financing Commission Florida Revenue (Miami Dade County Program) Sunshine State Governmental Financing Commission Florida Revenue (Miami Dade County Program) Sunshine State Governmental Financing Commission Florida Revenue (Miami Dade County Program) Sunshine State Governmental Financing Commission Florida Revenue (Miami Dade County Program) Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project)

149

Face Amount ($000)

Market Value• ($000)

3,500 7,780 5,000 13,030 1,000 825 1,145 875 1,200 1,265 3,245 4,000 1,000 1,400 1,600 2,060 3,000 850 1,250 1,000 6,115 3,595 5,970 10,660 12,000 6,000 6,000 15,000 2,315 3,790 780 860 860 2,500 2,000 390 2,200 2,000 2,500 2,100 9,600 10,000 2,505 1,000 1,550 2,185 2,855 5,380 5,050

3,988 8,864 5,697 15,236 1,176 1,020 1,416 1,095 1,517 1,599 3,958 4,910 771 1,088 1,247 1,599 2,310 996 1,484 1,197 7,102 4,313 6,923 12,659 14,189 6,229 6,459 16,299 2,784 4,074 958 1,067 1,067 3,073 2,441 415 2,436 2,302 2,747 2,405 11,340 11,772 2,994 1,227 1,932 2,324 3,211 6,134 5,758

Coupon

Maturity Date

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 0.000% 0.000% 0.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 4.000% 5.000% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/20 7/1/20 7/1/20 7/1/31 10/1/21 10/1/24 10/1/24 10/1/25 10/1/26 10/1/26 10/1/22 10/1/23 10/1/29 10/1/30 10/1/31 10/1/32 10/1/33 12/1/22 12/1/23 12/1/24 8/1/28 8/1/29 8/1/29 8/1/31 8/1/32 10/1/17 10/1/18 10/1/18 8/1/24 9/1/18 9/1/24 9/1/25 9/1/27 9/1/28 9/1/29 9/1/29 9/1/30 9/1/30 9/1/31 9/1/31 6/1/32 6/1/33 10/1/23 10/1/23 10/1/24 7/1/18 7/1/20 7/1/20 7/1/20

5.750% 5.000%

8/1/30 7/1/24

1,500 1,595

1,681 1,915

5.000%

7/1/24

500

597

5.000%

7/1/28

500

579

5.000%

7/1/29

500

576

5.125%

7/1/34

1,135

1,286

5.000%

9/1/23

5,985

6,901

5.125%

9/1/24

4,625

5,340

5.000%

9/1/27

4,250

5,085

5.000% 5.000% 5.000%

9/1/28 12/1/24 12/1/25

4,450 925 650

5,293 1,117 792

(Prere.) (Prere.) (Prere.)

(Prere.) (Prere.)

(12)

(Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) Tampa Bay FL Water Utility System Revenue Tampa Bay FL Water Utility System Revenue Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) Tampa FL Health System Revenue (BayCare Health System) Tampa FL Health System Revenue (BayCare Health System) Tampa FL Health System Revenue (BayCare Health System) Tampa FL Health System Revenue (BayCare Health System) Tampa FL Hospital Revenue Tampa FL Hospital Revenue Tampa FL Hospital Revenue Tampa FL Hospital Revenue Tampa FL Hospital Revenue Tampa FL Hospital Revenue Tampa FL Revenue (University of Tampa Project) Tampa FL Revenue (University of Tampa Project) Tampa FL Revenue (University of Tampa Project) Tampa FL Revenue (University of Tampa Project) Tampa FL Revenue (University of Tampa Project) Tampa FL Revenue (University of Tampa Project) Tohopekaliga FL Water Authority Utility System Revenue University of South Florida Financing Corp. COP Volusia County FL Educational Facilities Authority Revenue (Embry-Riddle Aeronautical University Inc.) Volusia County FL Educational Facilities Authority Revenue (Embry-Riddle Aeronautical University Inc.) Volusia County FL Educational Facilities Authority Revenue (Embry-Riddle Aeronautical University Inc.) Volusia County FL Educational Facilities Authority Revenue (Embry-Riddle Aeronautical University Inc.) Volusia County FL School Board COP Volusia County FL School Board COP Volusia County FL School Board COP Volusia County FL School Board COP Volusia County FL School Board COP Volusia County FL School Board COP Volusia County FL School Board COP Volusia County FL School Board COP Winter Park FL Water & Sewer Revenue

Face Amount ($000)

Market Value• ($000)

1,100 1,450 10,000 2,305 1,220 1,400 3,580 18,420 13,395 14,686 1,000 1,075 1,000 1,935 1,500 1,000 1,400 1,650 1,880 2,340 2,505 1,680 2,300 6,085

1,323 1,728 13,740 2,743 1,409 1,633 3,988 20,725 15,168 16,702 1,145 1,255 1,152 2,215 1,707 1,133 1,684 1,926 2,173 2,693 2,873 1,922 2,793 7,155

Coupon

Maturity Date

5.000% 5.000% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.750% 5.000%

12/1/27 12/1/28 10/1/29 (14) 10/1/32 9/1/21 9/1/23 11/15/19 11/15/21 11/15/22 11/15/33 7/1/21 7/1/22 7/1/24 7/1/25 7/1/26 7/1/27 4/1/26 4/1/30 4/1/32 4/1/33 4/1/34 4/1/35 10/1/21 (Prere.) 7/1/30

5.000%

10/15/27

1,125

1,338

5.000%

10/15/28

1,000

1,177

5.000%

10/15/29

1,100

1,287

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

10/15/30 8/1/23 8/1/24 8/1/25 8/1/27 8/1/28 8/1/29 8/1/30 8/1/31 12/1/29

1,750 1,000 500 1,675 1,800 1,650 2,350 3,880 2,350 1,975

2,040 1,217 615 2,043 2,160 1,967 2,783 4,574 2,758 2,191 2,803,684

Georgia (2.8%) Athens-Clarke County GA Unified Government Water & Sewerage Revenue Athens-Clarke County GA Unified Government Water & Sewerage Revenue Athens-Clarke County GA Unified Government Water & Sewerage Revenue Atlanta GA Airport Passenger Facility Charge Revenue Atlanta GA Airport Passenger Facility Charge Revenue Atlanta GA Airport Passenger Facility Charge Revenue Atlanta GA Airport Passenger Facility Charge Revenue Atlanta GA Airport Passenger Facility Charge Revenue Atlanta GA Airport Passenger Facility Charge Revenue Atlanta GA Airport Passenger Facility Charge Revenue Atlanta GA Airport Passenger Facility Charge Revenue Atlanta GA Airport Passenger Facility Charge Revenue Atlanta GA Airport Passenger Facility Charge Revenue Atlanta GA Airport Revenue Atlanta GA Airport Revenue Atlanta GA Airport Revenue Atlanta GA Airport Revenue Atlanta GA Airport Revenue Atlanta GA Airport Revenue Atlanta GA Airport Revenue Atlanta GA Development Authority Revenue Atlanta GA Development Authority Revenue Atlanta GA Development Authority Revenue Atlanta GA Development Authority Revenue Atlanta GA GO Atlanta GA GO

5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.875% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250%

150

1/1/27 1/1/28 1/1/32 1/1/21 1/1/22 1/1/24 1/1/28 1/1/29 1/1/30 1/1/31 1/1/32 1/1/33 1/1/34 1/1/21 1/1/22 1/1/24 1/1/24 1/1/26 1/1/27 1/1/31 7/1/25 7/1/27 7/1/28 7/1/30 12/1/19 (12) 12/1/20 (12)

2,315 2,500 2,000 4,000 10,000 1,600 3,000 3,000 5,000 5,000 5,500 2,000 2,000 2,000 2,300 1,000 3,145 1,600 1,390 2,525 2,480 1,000 1,355 1,250 4,925 3,280

2,838 3,046 2,186 4,483 11,187 1,967 3,631 3,569 5,884 5,862 6,424 2,328 2,320 2,235 2,573 1,219 3,721 1,866 1,613 3,004 3,094 1,222 1,640 1,490 5,552 3,700

Intermediate-Term Tax-Exempt Fund

1 4

3 3 3

3

3 3

3

3 3

3

3

3

3

3

Atlanta GA Water & Wastewater Revenue Atlanta GA Water & Wastewater Revenue Atlanta GA Water & Wastewater Revenue Atlanta GA Water & Wastewater Revenue Atlanta GA Water & Wastewater Revenue Atlanta GA Water & Wastewater Revenue Atlanta GA Water & Wastewater Revenue Atlanta GA Water & Wastewater Revenue Atlanta GA Water & Wastewater Revenue Atlanta GA Water & Wastewater Revenue Atlanta GA Water & Wastewater Revenue Atlanta GA Water & Wastewater Revenue Atlanta GA Water & Wastewater Revenue PUT Atlanta GA Water & Wastewater Revenue TOB VRDO Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT Burke County GA Development Authority Pollution Control Revenue (Oglethorpe Power Corp. Vogtle Project) Clarke County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) Clarke County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) Clarke County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) Cobb County GA Kennestone Hospital Authority Revenue Cobb County GA Kennestone Hospital Authority Revenue Dalton GA Development Authority Revenue (Hamilton Health Care System) Dalton GA Development Authority Revenue (Hamilton Health Care System) Dalton GA Development Authority Revenue (Hamilton Health Care System) Dalton GA Development Authority Revenue (Hamilton Health Care System) DeKalb County GA Private Hospital Authority (Children’s Healthcare of Atlanta Inc. Project) RAN DeKalb County GA Private Hospital Authority (Children’s Healthcare of Atlanta Inc. Project) RAN DeKalb County GA Water & Sewer Revenue DeKalb County GA Water & Sewer Revenue DeKalb County GA Water & Sewer Revenue DeKalb County GA Water & Sewer Revenue Fayette County GA Hospital Authority (Fayette Community Hospital Project) RAN Forsyth County GA GO Fulton County GA Development Authority Revenue (Piedmont Healthcare Inc. Project) Fulton County GA Development Authority Revenue (Piedmont Healthcare Inc. Project) Fulton County GA Development Authority Revenue (Piedmont Healthcare Inc. Project) Fulton County GA Development Authority Revenue (Piedmont Healthcare Inc. Project) Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) Fulton County GA Water & Sewer Revenue Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO Georgia GO

151

Face Amount ($000)

Market Value• ($000)

4,950 7,000 5,400 8,000 1,000 9,800 3,000 3,000 2,500 6,500 15,220 5,585 21,685 10,000

4,950 7,000 5,651 8,372 1,146 11,851 3,683 3,740 3,133 8,573 20,470 7,605 21,914 10,000

Coupon

Maturity Date

5.000% 5.500% 5.500% 5.500% 6.000% 5.500% 5.000% 5.000% 5.000% 5.750% 5.750% 5.750% 1.858% 0.750%

11/1/16 11/1/16 11/1/17 11/1/17 11/1/19 11/1/22 11/1/23 11/1/24 11/1/25 11/1/25 11/1/26 11/1/27 11/1/18 11/7/16

1.750%

6/1/17

15,500

15,560

0.920% 5.000% 5.000% 5.000% 6.250% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.250% 5.250% 5.250% 5.000% 5.000% 5.250% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 4.000%

1/1/24 (4) 7/1/20 7/1/30 7/1/31 4/1/34 (2) 4/1/37 (2) 8/15/22 8/15/23 8/15/24 8/15/27 11/15/17 11/15/20 10/1/23 10/1/24 10/1/31 10/1/32 6/15/23 3/1/20 7/1/20 6/15/23 7/1/30 7/1/32 7/1/25 7/1/26 7/1/31 1/1/33 7/1/17 2/1/19 7/1/19 7/1/19 11/1/19 12/1/19 1/1/20 2/1/20 7/1/20 7/1/20 7/1/20 7/1/20 11/1/20 12/1/20 2/1/21 10/1/21 1/1/22 1/1/22 2/1/22 2/1/22 7/1/22 10/1/22 12/1/22 2/1/23 7/1/23 2/1/25 7/1/25

2,350 750 3,285 3,225 1,000 7,500 1,675 1,975 1,000 6,880 1,250 1,400 1,410 1,500 2,225 4,000 11,395 2,145 760 6,110 3,010 2,640 1,000 1,000 7,000 10,000 36,235 33,695 18,000 5,000 2,500 12,995 22,000 34,000 3,000 10,000 18,460 21,065 9,240 13,660 46,000 8,000 9,415 14,000 6,590 13,425 22,000 2,150 46,000 18,395 20,160 3,000 22,000

2,324 847 3,879 3,790 1,144 8,400 1,975 2,314 1,164 7,876 1,302 1,568 1,675 1,782 2,619 4,698 12,513 2,425 860 6,710 3,576 3,088 1,101 1,095 7,884 11,638 37,279 36,761 19,893 5,535 2,724 14,562 24,706 38,341 3,427 11,425 21,090 24,031 10,666 15,785 53,469 9,472 11,212 16,650 7,866 16,024 26,512 2,488 56,021 22,469 24,308 3,707 26,208

(4) (3) (4) (Prere.) (4)

(4) (4) (4)

Intermediate-Term Tax-Exempt Fund

Georgia GO Georgia Municipal Electric Power Authority Revenue Georgia Municipal Electric Power Authority Revenue Georgia Municipal Electric Power Authority Revenue Georgia Road & Tollway Authority Revenue Georgia Road & Tollway Authority Revenue Glynn-Brunswick GA Memorial Hospital Authority Revenue (Southeast Georgia Health System Obligated Group) Glynn-Brunswick GA Memorial Hospital Authority Revenue (Southeast Georgia Health System Obligated Group) Gwinnett County GA School District GO Gwinnett County GA School District GO Gwinnett County GA School District GO Gwinnett County GA School District GO Henry County GA Hospital Authority Revenue (Piedmont Fayette Hospital Project) Henry County GA Hospital Authority Revenue (Piedmont Fayette Hospital Project) Macon-Bibb County GA Hospital Authority Revenue (Medical Center of Central Georgia) Macon-Bibb County GA Hospital Authority Revenue (Medical Center of Central Georgia) Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Metropolitan Atlanta GA Rapid Transportation Authority Georgia Sales Tax Revenue Metropolitan Atlanta Rapid Transportation Authority Georgia Sales Tax Revenue Metropolitan Atlanta Rapid Transportation Authority Georgia Sales Tax Revenue Metropolitan Atlanta Rapid Transportation Authority Georgia Sales Tax Revenue Metropolitan Atlanta Rapid Transportation Authority Georgia Sales Tax Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue (Project One) Private Colleges & University Authority of Georgia Revenue (Emory University) Private Colleges & University Authority of Georgia Revenue (Emory University) Private Colleges & University Authority of Georgia Revenue (Emory University) Private Colleges & University Authority of Georgia Revenue (Emory University) Richmond County GA Hospital Authority (University Health Services Inc. Project) RAN Savannah GA Hospital Authority Revenue (St. Joseph’s/Candler Health System, Inc.) Savannah GA Hospital Authority Revenue (St. Joseph’s/Candler Health System, Inc.)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/1/27 1/1/22 1/1/24 1/1/25 3/1/19 10/1/21

10,000 12,000 4,000 1,300 15,500 2,420

12,253 14,093 4,806 1,551 16,960 2,865

5.000%

8/1/30

4,365

5,165

7,000 2,100 20,000 10,000 23,000 5,375 10,000 1,430 1,250 2,340 30 23,970 2,270 6,765 37,000 10,720 4,800 29,440 30,915 31,365 22,080 3,980 38,065 3,580 13,375 3,160 15,000 7,725 2,810 14,605 11,650 2,125 29,195 16,215 1,050 2,115 2,000 5,000 7,600 1,220 775 510 3,340 17,500 4,000 4,000

8,108 2,123 22,909 11,624 27,101 6,202 11,360 1,571 1,368 2,371 33 26,394 2,479 7,556 41,690 12,123 6,102 35,809 37,426 37,851 26,520 4,051 41,138 3,882 14,406 3,456 16,791 8,565 3,233 16,612 13,231 2,623 36,163 20,085 1,244 2,476 2,333 5,814 8,743 1,401 913 628 3,704 19,188 4,765 4,749

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.750% 5.000% 5.750% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.500% 5.500%

8/1/34 2/1/17 8/1/20 2/1/21 8/1/21 7/1/30 7/1/34 8/1/22 8/1/24 3/15/17 9/15/19 3/15/20 3/15/20 3/15/21 3/15/21 3/15/22 7/1/26 (14) 7/1/33 7/1/34 7/1/35 7/1/36 4/1/17 7/1/18 (Prere.) 1/1/19 1/1/19 4/1/19 1/1/20 1/1/21 1/1/21 11/1/23 11/1/24 1/1/25 1/1/28 1/1/28 1/1/30 1/1/33 1/1/34 1/1/35 1/1/21 10/1/20 10/1/21 10/1/23 9/1/29 1/1/19 (Prere.) 7/1/30 7/1/31

1,489,787 Guam (0.0%) Guam Government Business Privilege Tax Revenue Guam Government Business Privilege Tax Revenue Guam Government Business Privilege Tax Revenue Guam Government Waterworks Authority Water & Waste Water System Revenue Guam International Airport Authority Revenue

5.000% 5.000% 5.000% 5.000% 5.000%

11/15/23 11/15/24 11/15/25 7/1/36 10/1/23

6,280 4,790 4,200 300 2,310

7,373 5,678 5,019 343 2,715 21,128

Hawaii (1.0%) Hawaii Airports System Revenue Hawaii County HI GO Hawaii County HI GO Hawaii County HI GO Hawaii GO

5.250% 5.000% 5.000% 5.000% 4.000%

152

7/1/30 9/1/28 9/1/29 9/1/30 11/1/17

13,975 1,000 2,065 1,000 4,100

15,792 1,241 2,543 1,223 4,233

Intermediate-Term Tax-Exempt Fund

Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii Highway Revenue Hawaii Highway Revenue Hawaii Highway Revenue Hawaii Highway Revenue Hawaii Highway Revenue Hawaii Pacific Health Revenue Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County Wastewater Honolulu HI City & County Wastewater Honolulu HI City & County Wastewater Honolulu HI City & County Wastewater Honolulu HI City & County Wastewater Honolulu HI City & County Wastewater Honolulu HI City & County Wastewater Honolulu HI City & County Wastewater

System System System System System System System System

Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.625% 5.000% 5.000% 4.000% 5.250% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000%

12/1/18 10/1/20 10/1/20 12/1/20 10/1/21 10/1/21 11/1/22 12/1/22 8/1/24 8/1/24 10/1/24 10/1/24 11/1/24 4/1/25 8/1/25 8/1/25 10/1/25 10/1/25 10/1/25 4/1/26 10/1/28 8/1/29 4/1/30 10/1/30 4/1/31 10/1/31 8/1/33 1/1/22 1/1/24 1/1/25 1/1/26 1/1/32 7/1/30 7/1/17 7/1/17 10/1/18 7/1/19 10/1/19 10/1/19 10/1/19 10/1/20 10/1/20 8/1/21 10/1/22 10/1/22 10/1/22 11/1/22 11/1/23 8/1/24 10/1/26 10/1/26 10/1/27 10/1/28 10/1/31 7/1/25 7/1/26 7/1/27 7/1/28 7/1/29 7/1/30 7/1/34 7/1/35

9,250 5,500 9,910 4,480 3,055 5,000 11,155 10,000 14,970 8,970 10,000 9,000 22,305 19,785 4,105 2,500 12,000 6,680 9,000 26,025 7,760 8,500 21,685 17,750 21,410 8,000 2,865 1,000 2,500 4,000 2,500 2,180 2,345 3,000 2,705 1,920 4,755 2,515 2,055 3,365 3,675 5,015 5,000 4,205 1,000 4,000 3,000 3,500 4,535 7,500 5,000 4,000 4,000 12,690 1,340 3,000 1,075 6,175 10,000 8,220 6,765 6,835

10,027 6,307 11,365 5,161 3,600 5,893 13,488 11,795 18,634 11,165 12,479 11,231 26,705 24,780 5,099 3,106 15,150 8,434 11,363 30,662 9,757 10,313 24,321 20,009 23,842 8,951 3,409 1,137 3,077 4,978 3,156 2,593 2,639 3,084 2,781 2,030 5,275 2,724 2,285 3,741 4,208 5,743 5,881 5,058 1,203 4,812 3,616 4,207 5,327 9,407 6,272 4,970 4,987 15,404 1,681 3,744 1,352 7,074 11,346 9,955 8,040 8,100

(Prere.) (Prere.) (4)

(Prere.)

543,965 Idaho (0.1%) Idaho Bond Bank Authority Revenue Idaho Bond Bank Authority Revenue Idaho Bond Bank Authority Revenue Idaho Bond Bank Authority Revenue 2 Idaho Health Facilities Authority Revenue (Trinity Health Group)

5.250% 5.250% 5.250% 5.250% 6.125%

153

3/15/19 3/15/19 3/15/19 3/15/19 12/1/18

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

715 755 285 1,245 12,050

786 831 313 1,370 13,331

Intermediate-Term Tax-Exempt Fund

Idaho Idaho Idaho Idaho

Health Facilities Authority Revenue (Trinity Health Group) Health Facilities Authority Revenue (Trinity Health Group) Health Facilities Authority Revenue (Trinity Health Group) Housing & Finance Association RAN

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 4.750%

12/1/24 12/1/25 12/1/30 7/15/19

1,500 2,750 3,250 5,000

1,858 3,407 3,759 5,457 31,112

Illinois (5.9%) Berwyn IL GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO 1 Chicago IL Board of Education GO PUT Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL Metropolitan Water Reclamation District GO Chicago IL Midway Airport Revenue Chicago IL Midway Airport Revenue Chicago IL Midway Airport Revenue Chicago IL Midway Airport Revenue Chicago IL Midway Airport Revenue Chicago IL Midway Airport Revenue Chicago IL Midway Airport Revenue Chicago IL Motor Fuel Tax Revenue Chicago IL Motor Fuel Tax Revenue Chicago IL Motor Fuel Tax Revenue Chicago IL Motor Fuel Tax Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue

5.000% 5.000% 0.000% 5.000% 0.000% 5.000% 5.000% 6.000% 5.000% 5.500% 5.000% 5.500% 5.000% 5.250% 5.250% 5.000% 5.250% 7.000% 5.000% 5.250% 4.630% 5.250% 5.500% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.500% 5.000% 5.500% 5.000% 5.500% 5.000% 5.000% 5.000%

154

12/1/25 12/1/16 12/1/18 12/1/18 12/1/19 12/1/19 12/1/19 1/1/20 12/1/20 12/1/21 12/1/22 12/1/22 12/1/23 12/1/24 12/1/25 12/1/26 12/1/26 12/1/26 12/1/33 12/1/35 3/1/17 1/1/17 1/1/17 1/1/17 1/1/18 1/1/21 1/1/21 1/1/25 1/1/26 1/1/26 1/1/27 1/1/28 12/1/30 1/1/23 1/1/24 1/1/26 1/1/32 1/1/33 1/1/34 1/1/35 1/1/23 1/1/24 1/1/28 1/1/29 1/1/18 1/1/18 1/1/19 1/1/19 1/1/22 1/1/23 1/1/24 1/1/24 1/1/24 1/1/25 1/1/25 1/1/25 1/1/26 1/1/26 1/1/27 1/1/27 1/1/28 1/1/28 1/1/29

(4) (ETM) (14) (4) (14) (12) (4) (14) (4) (4)(2) (4) (4) (4) (4) (12)

(14) (ETM) (4) (4) (4) (14)

(4) (14) (14)

(4) (4) (4) (4) (4) (4)

(4)

5,000 3,085 4,520 2,500 5,610 1,015 6,130 6,300 1,500 4,090 18,500 9,625 1,105 1,840 8,000 12,640 3,360 19,500 20,500 11,985 11,700 2,300 7,065 11,365 17,530 18,155 5,490 20,465 11,500 1,160 5,000 5,000 35,000 2,500 3,400 6,040 10,000 10,000 6,700 2,200 1,200 1,110 1,000 1,000 4,000 7,025 8,920 22,920 18,295 15,275 18,250 3,000 1,250 7,410 5,500 1,500 4,000 1,000 3,560 2,435 3,000 10,750 2,300

5,203 3,096 4,235 2,577 5,079 1,071 6,319 6,619 1,546 4,558 17,393 10,811 1,137 1,945 7,451 12,937 3,550 20,709 18,571 11,086 11,689 2,310 7,120 11,424 17,591 18,303 5,707 21,922 12,275 1,166 5,194 5,194 40,056 3,005 4,060 6,984 11,391 11,364 7,600 2,489 1,294 1,201 1,051 1,044 4,184 7,074 9,325 23,076 19,093 15,936 19,040 3,478 1,473 8,531 6,747 1,786 4,582 1,190 4,057 2,888 3,405 12,899 2,694

Intermediate-Term Tax-Exempt Fund

3 3 3 3 3 3 3 3 3 3

4

Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL Park District GO Chicago IL Park District GO Chicago IL Park District GO Chicago IL Park District GO Chicago IL Park District GO Chicago IL Park District GO Chicago IL Park District GO Chicago IL Park District GO Chicago IL Park District GO Chicago IL Park District GO Chicago IL Park District GO Chicago IL Park District GO Chicago IL Park District Harbor Facilities GO Chicago IL Park District Harbor Facilities GO Chicago IL Park District Harbor Facilities GO Chicago IL Transit Authority Capital Grant Receipts Revenue Chicago IL Transit Authority Capital Grant Receipts Revenue Chicago IL Transit Authority Capital Grant Receipts Revenue Chicago IL Transit Authority Capital Grant Receipts Revenue Chicago IL Transit Authority Capital Grant Receipts Revenue Chicago IL Transit Authority Capital Grant Receipts Revenue Chicago IL Transit Authority Capital Grant Receipts Revenue Chicago IL Transit Authority Capital Grant Receipts Revenue Chicago IL Transit Authority Capital Grant Receipts Revenue Chicago IL Transit Authority Capital Grant Receipts Revenue Chicago IL Transit Authority Capital Grant Receipts Revenue Chicago IL Transit Authority Sales Tax Receipts Revenue Chicago IL Transit Authority Sales Tax Receipts Revenue Chicago IL Transit Authority Sales Tax Receipts Revenue TOB VRDO Chicago IL Wastewater Transmission Revenue Chicago IL Wastewater Transmission Revenue Chicago IL Wastewater Transmission Revenue Chicago IL Wastewater Transmission Revenue Chicago IL Wastewater Transmission Revenue Chicago IL Wastewater Transmission Revenue Chicago IL Water Revenue Chicago IL Water Revenue Chicago IL Water Revenue Chicago IL Water Revenue Chicago IL Water Revenue Chicago IL Water Revenue Chicago IL Water Revenue Chicago IL Water Revenue Chicago IL Water Revenue Chicago IL Waterworks Revenue Chicago IL Waterworks Revenue Chicago IL Waterworks Revenue Chicago IL Waterworks Revenue Chicago IL Waterworks Revenue Cook County IL Community College District GO Cook County IL Community College District GO Cook County IL Community College District GO Cook County IL Community College District GO Cook County IL Community College District GO Cook County IL Forest Preservation District GO Cook County IL Forest Preservation District GO Cook County IL Forest Preservation District GO Cook County IL Forest Preservation District GO Cook County IL Forest Preservation District GO

155

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.500% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.250% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.250% 0.830% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000%

1/1/29 1/1/29 1/1/30 1/1/31 1/1/31 1/1/31 1/1/31 1/1/32 1/1/33 1/1/33 1/1/33 1/1/21 1/1/25 1/1/25 1/1/26 1/1/27 1/1/28 1/1/29 1/1/30 1/1/31 1/1/31 1/1/33 1/1/34 1/1/28 1/1/29 1/1/30 12/1/16 12/1/16 6/1/18 6/1/20 6/1/20 6/1/24 6/1/25 6/1/26 6/1/27 6/1/27 6/1/28 12/1/19 12/1/30 11/7/16 1/1/23 1/1/28 1/1/30 1/1/31 1/1/32 1/1/33 11/1/19 11/1/23 11/1/24 11/1/25 11/1/26 11/1/28 11/1/30 11/1/31 11/1/32 11/1/22 11/1/29 11/1/31 11/1/33 11/1/36 3/1/19 12/1/24 12/1/26 12/1/27 12/1/28 12/15/24 12/15/25 12/15/26 12/15/26 12/15/27

3,000 10,300 3,220 2,900 22,500 13,495 10,000 10,000 74,685 20,040 1,000 2,000 4,425 625 500 1,000 1,000 785 1,000 1,000 2,000 2,000 2,000 4,835 5,170 2,770 2,455 7,545 7,435 4,900 3,185 5,000 11,000 8,260 31,170 13,085 30,225 9,915 10,000 15,380 2,435 1,550 1,450 2,000 1,875 2,100 17,565 1,670 1,500 2,000 2,000 5,000 3,590 3,000 3,000 1,000 1,000 2,000 2,000 7,580 1,100 2,000 2,000 2,000 2,000 1,020 1,000 2,225 2,485 2,335

3,388 12,258 3,618 3,249 26,449 15,432 11,435 11,699 77,696 23,429 1,163 2,244 4,933 734 591 1,172 1,164 906 1,144 1,138 2,277 2,255 2,246 5,337 5,685 3,035 2,464 7,572 7,888 5,206 3,389 5,228 11,488 8,620 33,438 14,037 32,221 10,809 11,209 15,380 2,800 1,760 1,623 2,225 2,077 2,318 18,727 1,920 1,719 2,275 2,271 5,606 3,996 3,336 3,324 1,155 1,152 2,273 2,251 7,604 1,149 2,297 2,310 2,297 2,276 1,142 1,113 2,468 2,757 2,655

(4) (4)

(Prere.) (Prere.)

(12) (12) (12) (12)

(4)

(2) (Prere.)

Intermediate-Term Tax-Exempt Fund

Cook County IL Forest Preservation District GO Cook County IL Forest Preservation District GO Cook County IL Forest Preservation District GO Cook County IL Forest Preservation District GO Cook County IL GO Cook County IL GO Cook County IL GO Cook County IL GO Cook County IL High School District No. 205 (Thornton Township) GO Du Page & Cook Counties IL Community Consolidated School District GO Du Page & Cook Counties IL Community Consolidated School District GO Du Page & Cook Counties IL Community Consolidated School District GO Du Page & Cook Counties IL Community Consolidated School District GO Du Page & Cook Counties IL Community Consolidated School District GO Grundy & Will Counties IL Community Unified School District GO Grundy & Will Counties IL Community Unified School District GO Grundy & Will Counties IL Community Unified School District GO Grundy & Will Counties IL Community Unified School District GO Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Advocate Health Care Network) PUT Illinois Finance Authority Revenue (Art Institute of Chicago) Illinois Finance Authority Revenue (Carle Foundation) Illinois Finance Authority Revenue (Centegra Health System) Illinois Finance Authority Revenue (Centegra Health System) Illinois Finance Authority Revenue (Centegra Health System) Illinois Finance Authority Revenue (Centegra Health System) Illinois Finance Authority Revenue (Central DuPage Health) Illinois Finance Authority Revenue (Central DuPage Health) Illinois Finance Authority Revenue (Children’s Memorial Hospital) Illinois Finance Authority Revenue (Christian Homes Inc.) Illinois Finance Authority Revenue (Christian Homes Inc.) Illinois Finance Authority Revenue (DePaul University) Illinois Finance Authority Revenue (DePaul University) Illinois Finance Authority Revenue (DePaul University) Illinois Finance Authority Revenue (DePaul University) Illinois Finance Authority Revenue (Franciscan Communities Inc.) Illinois Finance Authority Revenue (Franciscan Communities Inc.) Illinois Finance Authority Revenue (Illinois Wesleyan University) Illinois Finance Authority Revenue (Loyola University) Illinois Finance Authority Revenue (Loyola University) Illinois Finance Authority Revenue (Loyola University) Illinois Finance Authority Revenue (Loyola University) Illinois Finance Authority Revenue (Loyola University) Illinois Finance Authority Revenue (Loyola University) Illinois Finance Authority Revenue (Loyola University) Illinois Finance Authority Revenue (Loyola University) Illinois Finance Authority Revenue (Memorial Health System) Illinois Finance Authority Revenue (Mercy Health System) Illinois Finance Authority Revenue (Mercy Health System) Illinois Finance Authority Revenue (Mercy Health System) Illinois Finance Authority Revenue (Mercy Health System) Illinois Finance Authority Revenue (Mercy Health System) Illinois Finance Authority Revenue (Mercy Health System) Illinois Finance Authority Revenue (Mercy Health System) Illinois Finance Authority Revenue (Northwestern Community Hospital) Illinois Finance Authority Revenue (Northwestern Community Hospital) Illinois Finance Authority Revenue (Northwestern Community Hospital) Illinois Finance Authority Revenue (Northwestern Community Hospital) Illinois Finance Authority Revenue (Northwestern Community Hospital) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System)

156

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.500% 4.500% 5.000% 5.000% 5.000% 5.000% 5.875% 5.875% 5.875% 5.875% 6.125% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.625% 5.000% 5.000% 5.000% 5.000% 5.000% 5.125% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.250% 5.750% 5.000% 5.000% 5.000% 7.000% 5.000%

12/15/27 12/15/28 12/15/28 12/15/32 11/15/18 11/15/20 11/15/21 11/15/28 12/1/17 1/1/21 6/1/24 6/1/25 6/1/26 6/1/27 2/1/23 2/1/25 2/1/26 8/1/28 11/1/18 4/1/19 4/1/19 4/1/20 4/1/21 4/1/22 8/1/23 8/1/24 8/1/28 8/1/29 2/12/20 3/1/30 8/15/31 9/1/27 9/1/28 9/1/32 9/1/34 11/1/27 11/1/29 8/15/28 5/15/26 5/15/31 10/1/28 10/1/29 10/1/30 10/1/33 5/15/23 5/15/33 9/1/36 7/1/25 7/1/26 7/1/27 7/1/28 7/1/29 7/1/30 7/1/31 7/1/32 4/1/29 12/1/23 12/1/24 12/1/28 12/1/31 12/1/32 12/1/33 12/1/34 7/1/18 8/15/30 7/1/33 7/1/35 7/1/36 5/15/19 5/15/22

2,605 2,455 2,240 5,000 8,000 7,500 5,410 35,500 2,000 4,900 1,750 1,820 2,290 2,000 2,315 2,720 3,060 6,520 3,000 4,715 1,500 2,000 6,535 5,285 1,000 1,200 3,885 5,000 6,595 3,000 10,000 15,000 1,290 7,575 5,000 17,390 15,000 21,760 1,000 1,875 2,000 2,000 1,000 2,000 1,000 8,225 1,000 8,750 3,595 1,495 1,570 1,650 1,730 1,815 1,905 12,670 1,215 5,125 7,885 6,500 10,000 3,840 3,500 8,500 9,000 5,000 5,500 2,500 10,000 2,000

2,876 2,693 2,457 5,489 8,551 8,201 5,897 39,585 2,095 4,931 2,116 2,182 2,739 2,386 2,500 2,936 3,302 7,033 3,309 5,165 1,638 2,188 7,133 5,749 1,208 1,472 4,617 5,903 7,385 3,412 11,573 16,676 1,467 8,253 5,550 19,148 16,553 23,385 1,178 2,093 2,431 2,412 1,197 2,356 1,041 8,606 1,126 10,104 4,132 1,710 1,786 1,868 1,950 2,038 2,132 13,686 1,443 6,136 8,564 6,904 10,563 4,393 3,995 9,113 10,133 5,861 6,412 2,910 11,503 2,347

(12) (14)

(Prere.) (Prere.)

(Prere.)

(Prere.)

Intermediate-Term Tax-Exempt Fund

3 3 3

3

Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois Illinois

Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance Finance GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO

Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority

Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue

(OSF Healthcare System) (OSF Healthcare System) (OSF Healthcare System) (OSF Healthcare System) (OSF Healthcare System) (OSF Healthcare System) (OSF Healthcare System) (OSF Healthcare System) (OSF Healthcare System) (OSF Healthcare System) (Palos Community Hospital) (Presence Health Network Obligated Group) (Presence Health Network Obligated Group) (Presence Health Network Obligated Group) (Presence Health Network Obligated Group) (Presence Health Network Obligated Group) (Presence Health Network Obligated Group) (Riverside Health System) (Riverside Health System) (Riverside Health System) (Rush University Medical Center) (Rush University Medical Center) (Rush University Medical Center) (Rush University Medical Center) (Rush University Medical Center) (Rush University Medical Center) (Rush University Medical Center) (Silver Cross & Medical Centers) (Silver Cross & Medical Centers) (Silver Cross & Medical Centers) (Southern Illinois Healthcare) (University of Chicago Medical Center) (University of Chicago Medical Center) (University of Chicago Medical Center) (University of Chicago Medical Center) (University of Chicago Medical Center) (University of Chicago Medical Center) (University of Chicago) (University of Chicago) (University of Chicago) (University of Chicago) (University of Chicago) (University of Chicago) (University of Chicago) (University of Chicago) (University of Chicago) (University of Chicago) (University of Chicago) (University of Chicago) (University of Chicago) (University of Chicago) (University of Chicago) (University of Chicago) (University of Chicago)

157

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 4.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.375% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 5.000% 5.750% 6.375% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

5/15/23 11/15/23 5/15/24 11/15/24 11/15/25 5/15/26 11/15/28 11/15/29 5/15/30 5/15/31 5/15/30 2/15/24 2/15/25 2/15/26 2/15/27 2/15/28 2/15/32 11/15/30 11/15/31 11/15/32 11/1/18 11/1/18 5/1/19 11/15/25 11/15/26 11/15/27 11/15/28 8/15/25 8/15/30 8/15/35 3/1/30 8/15/19 8/15/20 8/15/22 8/15/24 8/15/25 8/15/26 10/1/22 10/1/22 10/1/23 10/1/23 10/1/24 10/1/25 10/1/26 10/1/28 10/1/28 10/1/29 10/1/29 10/1/30 10/1/31 10/1/31 10/1/32 10/1/32 10/1/35 1/1/17 3/1/17 8/1/17 1/1/20 8/1/20 1/1/21 1/1/21 8/1/21 1/1/22 2/1/22 7/1/22 8/1/22 2/1/23 2/1/23 7/1/23 8/1/23

3,750 1,000 5,000 1,600 1,950 1,000 1,250 2,000 2,300 2,150 24,070 5,000 8,000 8,000 10,000 13,750 10,000 2,500 2,000 2,000 5,000 3,000 7,000 2,870 4,000 4,000 4,000 1,000 8,000 2,700 7,000 11,605 3,185 10,000 1,100 1,200 1,700 2,000 2,000 4,000 5,265 5,195 2,990 3,500 4,400 15,000 4,250 12,250 5,250 15,000 5,300 15,000 1,050 28,975 22,985 1,550 8,760 8,635 2,000 21,470 7,525 25,000 2,740 6,000 7,000 11,720 7,000 5,000 6,000 17,000

4,386 1,202 5,583 1,947 2,387 1,224 1,491 2,371 2,715 2,292 26,554 5,719 9,176 9,198 11,578 15,707 11,131 2,664 2,114 2,096 5,403 3,286 7,929 3,534 4,868 4,839 4,786 1,192 8,398 3,050 7,708 12,851 3,631 11,354 1,338 1,467 2,088 2,346 2,393 4,666 6,405 6,048 3,464 4,067 5,081 17,940 4,904 14,563 6,085 17,654 6,130 17,584 1,212 33,696 23,131 1,569 8,982 9,329 2,155 23,012 8,226 27,261 2,897 6,552 7,677 13,034 7,684 5,489 6,608 18,732

(Prere.) (Prere.) (Prere.)

(4)

(4) (4)

(4)

Intermediate-Term Tax-Exempt Fund

3

3

3

Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois Regional Transportation Authority Revenue Illinois Regional Transportation Authority Revenue Illinois Regional Transportation Authority Revenue Illinois Sales Tax Revenue Illinois Sales Tax Revenue Illinois Sales Tax Revenue Illinois Sales Tax Revenue Illinois Sales Tax Revenue Illinois Sales Tax Revenue Illinois Sales Tax Revenue Illinois Sales Tax Revenue Illinois Sales Tax Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Unemployment Insurance Fund Building Receipts Revenue Illinois Unemployment Insurance Fund Building Receipts Revenue Illinois Unemployment Insurance Fund Building Receipts Revenue Kane McHenry Cook & DeKalb County IL Unit School District GO Lake County IL Community High School District No. 127 GO

158

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

4.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.250% 5.000% 5.250% 5.000% 5.250% 5.000% 5.250% 5.000% 5.250% 5.000% 4.000% 5.500% 6.250% 6.000% 6.250% 0.000% 5.000% 5.375% 5.000% 5.000% 5.000% 5.375% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 0.000%

1/1/24 2/1/24 6/1/24 7/1/24 8/1/24 11/1/24 1/1/25 2/1/26 2/1/26 4/1/26 4/1/26 6/1/26 6/1/26 7/1/26 2/1/27 4/1/27 7/1/27 1/1/28 2/1/28 4/1/28 7/1/28 1/1/29 2/1/29 3/1/29 2/1/30 1/1/31 2/1/31 3/1/31 7/1/31 9/1/31 6/1/33 7/1/33 7/1/22 7/1/23 7/1/23 12/15/16 6/15/18 6/15/18 6/15/19 6/15/19 6/15/20 6/15/20 6/15/21 6/15/22 1/1/22 12/1/22 1/1/27 1/1/28 1/1/28 1/1/29 1/1/30 1/1/31 1/1/31 1/1/31 12/1/31 1/1/32 1/1/32 12/1/32 1/1/33 1/1/33 1/1/33 1/1/34 1/1/34 1/1/34 1/1/35 12/15/16 12/15/16 6/15/18 1/1/21 2/1/19

14,000 6,270 7,000 19,000 25,335 5,000 17,000 11,125 20,000 12,600 16,175 5,100 120 7,000 33,500 3,840 8,000 5,000 10,305 4,515 7,500 19,200 8,750 23,000 13,000 11,000 9,000 7,985 6,000 6,500 20,880 3,300 5,000 5,000 11,475 5,000 12,000 9,860 1,345 6,000 3,880 9,635 15,000 22,720 4,100 12,700 1,250 1,250 2,500 3,500 3,745 8,000 1,410 6,100 12,000 9,000 1,650 7,000 9,000 2,500 11,100 2,000 3,850 11,700 2,060 2,650 5,490 7,500 1,715 5,000

14,334 6,910 7,725 21,397 27,360 5,017 18,772 12,061 22,074 12,643 17,724 5,117 120 7,839 36,956 4,139 8,928 5,436 11,283 4,886 8,237 20,706 9,553 24,118 14,158 11,435 9,772 8,310 6,504 6,694 19,998 3,712 6,255 6,326 14,694 4,991 12,755 10,525 1,484 6,592 4,265 10,985 17,334 26,829 4,815 15,231 1,475 1,469 2,760 4,086 4,347 9,250 1,646 7,151 14,271 10,367 1,925 8,287 10,334 2,906 12,898 2,345 4,461 13,558 2,404 2,661 5,519 7,538 1,952 4,813

(2)

(2) (4)

(4)

(4) (4) (14) (4) (2)

(Prere.)

Intermediate-Term Tax-Exempt Fund

Lake County IL Community High School District No. 127 GO Lake County IL Community High School District No. 127 GO McHenry & Kane Counties IL Community Consolidated School District No. 158 GO McHenry & Kane Counties IL Community Consolidated School District No. 158 GO McHenry County IL Conservation District GO Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) Northern Illinois Municipal Power Agency Project Revenue Northern Illinois Municipal Power Agency Project Revenue Northern Illinois Municipal Power Agency Project Revenue Northern Illinois Municipal Power Agency Project Revenue Northern Illinois Municipal Power Agency Project Revenue Northern Illinois Municipal Power Agency Project Revenue Peoria IL Public Building Community School District Revenue Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue Southwestern Illinois Development Authority Revenue (Local Government Program) Springfield IL Water Revenue Springfield IL Water Revenue Springfield IL Water Revenue Springfield IL Water Revenue University of Illinois Auxiliary Facilities System Revenue University of Illinois Auxiliary Facilities System Revenue University of Illinois Auxiliary Facilities System Revenue University of Illinois Auxiliary Facilities System Revenue University of Illinois Auxiliary Facilities System Revenue University of Illinois Auxiliary Facilities System Revenue University of Illinois Auxiliary Facilities System Revenue University of Illinois Auxiliary Facilities System Revenue University of Illinois COP University of Illinois COP Waubonsee IL Community College District No. 516 GO Waubonsee IL Community College District No. 516 GO Waubonsee IL Community College District No. 516 GO Will County IL Community High School District No. 210 (Lincoln-Way) GO Will County IL Community High School District No. 210 (Lincoln-Way) GO Will County IL Community High School District No. 210 (Lincoln-Way) GO Will County IL Community High School District No. 210 (Lincoln-Way) GO Will County IL Community High School District No. 210 (Lincoln-Way) GO Winnebago & Boone Counties IL Rockford School District No. 205 GO Winnebago & Boone Counties IL Rockford School District No. 205 GO Winnebago & Boone Counties IL Rockford School District No. 205 GO Winnebago & Boone Counties IL Rockford School District No. 205 GO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

0.000% 0.000% 5.625% 5.625% 5.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000%

2/1/20 2/1/22 1/15/31 1/15/32 2/1/22 12/15/16 6/15/19 12/15/21 12/15/23 12/15/23 12/15/24 12/15/25 6/15/26 6/15/27 12/15/29 6/15/30 12/15/31 6/15/33

(14) (14) (14) (14) (14) (14) (14) (4) (4) (14) (4) (14) (14)

5,000 5,690 3,500 4,000 3,000 11,330 38,440 6,000 32,515 21,000 23,795 29,785 10,725 9,400 40,000 115 72,685 41,400

4,699 5,105 4,080 4,647 3,527 11,309 35,834 5,092 25,385 16,395 17,717 21,081 7,401 6,164 22,865 64 37,636 19,952

0.000%

6/15/31 (14)

44,205

23,393

0.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 0.000% 5.000% 5.000% 5.500% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.000%

6/15/32 (14) 12/1/24 12/1/25 12/1/26 12/1/27 12/1/31 12/1/32 12/1/16 (12) 6/1/17 6/1/18 6/1/23 6/1/28 4/15/30 3/1/29 3/1/30 3/1/31 3/1/32 4/1/21 4/1/22 4/1/29 4/1/30 4/1/30 4/1/31 4/1/33 4/1/34 8/15/19 10/1/19 12/15/23 12/15/24 12/15/25 1/1/28 1/1/29 1/1/30 1/1/30 1/1/31 2/1/24 2/1/25 2/1/26 2/1/27

25,135 1,125 3,000 2,200 1,985 1,750 2,000 2,900 6,000 5,000 37,000 10,000 10,000 2,525 2,000 2,785 3,035 3,430 6,015 2,075 2,000 5,000 2,420 2,000 2,000 10,000 5,115 1,715 7,950 3,405 8,800 5,920 5,680 5,500 8,150 7,980 4,065 3,645 2,000

12,696 1,367 3,674 2,717 2,424 1,890 2,153 2,897 6,138 5,290 42,895 11,743 11,073 2,929 2,320 3,227 3,516 3,842 6,702 2,395 2,297 5,579 2,754 2,258 2,253 10,709 5,492 2,004 9,196 3,908 8,996 3,231 2,908 5,561 8,210 6,718 3,307 2,838 1,500 3,110,371

Indiana (1.3%) Carmel IN Local Public Improvement Bond Bank Revenue Carmel IN Local Public Improvement Bond Bank Revenue Carmel IN Local Public Improvement Bond Bank Revenue Carmel IN Local Public Improvement Bond Bank Revenue Carmel IN Local Public Improvement Bond Bank Revenue Decatur Township IN Multi-School Buildings Corp. Revenue Franklin IN Community Multi-School Building Corp. Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

159

7/15/31 7/15/32 7/15/33 7/15/34 1/15/36 1/15/17 (Prere.) 7/15/23 (4)

5,000 8,105 9,110 9,630 13,470 5,695 2,480

6,047 9,748 10,905 11,482 15,985 5,744 2,964

Intermediate-Term Tax-Exempt Fund

Indiana Bond Bank Special Program Gas Revenue Indiana Finance Authority Facilities Revenue (Miami Correctional Facility - Phase II) Indiana Finance Authority Facilities Revenue (Miami Correctional Facility - Phase II) Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) Indiana Finance Authority Highway Revenue Indiana Finance Authority Highway Revenue Indiana Finance Authority Highway Revenue Indiana Finance Authority Hospital Revenue (Community Health Network) Indiana Finance Authority Hospital Revenue (Community Health Network) Indiana Finance Authority Hospital Revenue (Community Health Network) Indiana Finance Authority Hospital Revenue (Community Health Network) Indiana Finance Authority Hospital Revenue (Community Health Network) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) Indiana Finance Authority Hospital Revenue (Parkview Health System) Indiana Finance Authority Lease Revenue Indiana Finance Authority Revenue Indiana Finance Authority Revenue Indiana Finance Authority Revenue Indiana Finance Authority Revenue Indiana Finance Authority Revenue Indiana Finance Authority Revenue Indiana Finance Authority Revenue Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) Indiana Finance Authority Revenue (Stadium Project) Indiana Finance Authority Revenue (Stadium Project) Indiana Finance Authority Revenue (Stadium Project) Indiana Finance Authority Revenue (Stadium Project) Indiana Finance Authority Revenue (State Revolving Fund) Indiana Finance Authority Revenue (Trinity Health) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project)

160

Coupon

Maturity Date

5.250% 5.000% 5.000%

10/15/21 7/1/17 (ETM) 7/1/18 (ETM)

Face Amount ($000)

Market Value• ($000)

145 3,315 4,085

167 3,409 4,364

5.000%

11/1/18

5,000

5,379

5.000%

11/1/20

4,370

4,713

5.000%

11/1/23

3,570

3,845

5.250%

11/1/24

10,855

11,738

5.250%

11/1/25

13,895

15,020

5.250%

11/1/26

14,425

15,584

5.250% 4.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/27 12/1/23 (14) 12/1/23 12/1/25 5/1/22 5/1/24 5/1/25 5/1/26 5/1/27 12/1/17 12/1/18 12/1/24 12/1/24 12/1/25 12/1/26 12/1/27 12/1/28 12/1/30 12/1/33 12/1/34 12/1/35 5/1/29 11/1/17 2/1/23 2/1/24 2/1/26 8/1/26 2/1/27 2/1/27 8/1/27

8,615 29,010 15,110 17,000 1,295 2,500 2,500 2,500 2,500 1,520 1,125 5,000 1,400 4,100 1,030 1,000 2,600 1,000 3,000 18,515 19,220 3,000 7,500 11,000 10,000 2,045 2,100 4,140 7,815 1,705

9,300 29,097 18,646 21,518 1,526 2,969 2,941 2,903 2,889 1,588 1,218 6,177 1,742 5,117 1,251 1,208 3,115 1,184 3,541 21,773 22,538 3,420 7,802 13,357 12,379 2,599 2,687 5,254 9,918 2,159

5.000%

3/1/21

1,225

1,405

5.000%

3/1/22

1,000

1,174

5.000%

3/1/24

2,000

2,309

5.000%

3/1/25

1,000

1,144

5.000% 5.250% 5.250% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250%

3/1/30 2/1/27 2/1/29 2/1/30 2/1/31 2/1/32 12/1/28 10/1/24 10/1/27 10/1/28 10/1/29 10/1/29 10/1/30 10/1/31 10/1/31

3,250 3,000 5,000 6,000 10,130 9,150 6,295 1,000 1,000 2,180 5,000 2,295 5,490 3,325 10,000

3,602 3,747 6,117 7,289 12,262 10,679 7,163 1,235 1,207 2,613 5,834 2,736 6,375 3,863 11,745

Intermediate-Term Tax-Exempt Fund

Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT Indiana Health Facility Financing Authority Revenue (Parkview Health System Obligated Group) Indiana Municipal Power Agency Revenue Indiana Municipal Power Agency Revenue Indiana Municipal Power Agency Revenue Indiana Municipal Power Agency Revenue Indiana Municipal Power Agency Revenue Indiana Municipal Power Agency Revenue Indiana Office Building Commission Facilities Revenue (New Castle Correctional Facility) Indiana University Student Fee Revenue Indiana University Student Fee Revenue Indiana University Student Fee Revenue Indiana University Student Fee Revenue Indiana University Student Fee Revenue Indiana University Student Fee Revenue Indiana University Student Fee Revenue Indiana University Student Fee Revenue Indianapolis IN Gas Utility Revenue Indianapolis IN Gas Utility Revenue Indianapolis IN Local Public Improvement Bond Bank Revenue Indianapolis IN Local Public Improvement Bond Bank Revenue Indianapolis IN Local Public Improvement Bond Bank Revenue Indianapolis IN Local Public Improvement Bond Bank Revenue Indianapolis IN Local Public Improvement Bond Bank Revenue Indianapolis IN Local Public Improvement Bond Bank Revenue Indianapolis IN Local Public Improvement Bond Bank Revenue Indianapolis IN Local Public Improvement Bond Bank Revenue Indianapolis IN Local Public Improvement Bond Bank Revenue Indianapolis IN Local Public Improvement Bond Bank Revenue (Bank-Waterworks Project) Indianapolis IN Local Public Improvement Bond Bank Revenue (PILOT Infrastructure Project) Indianapolis IN Local Public Improvement Bond Bank Revenue (PILOT Infrastructure Project) Indianapolis IN Local Public Improvement Bond Bank Revenue (Qualified Midwestern Disaster Area) Indianapolis IN Local Public Improvement Bond Bank Revenue (Qualified Midwestern Disaster Area) Lake Central IN Multi-District School Building Corp. Revenue Lake Central IN Multi-District School Building Corp. Revenue Purdue University Indiana University COP Purdue University Indiana University COP Purdue University Indiana University COP Purdue University Indiana University COP Purdue University Indiana University COP Purdue University Indiana University COP Purdue University Indiana University COP Purdue University Indiana University Student Facilities System Revenue Purdue University Indiana University Student Facilities System Revenue Purdue University Indiana University Student Facilities System Revenue Purdue University Indiana University Student Facilities System Revenue Purdue University Indiana University Student Facilities System Revenue Purdue University Indiana University Student Facilities System Revenue Whiting IN Environmental Facilities Revenue (BP Products North America Inc. Project)

Face Amount ($000)

Market Value• ($000)

45 8,955 3,200 4,640 2,000 7,245 19,000 20,000 12,500 2,515 1,000 1,000 1,560 4,500 6,370 3,510 2,175 2,040 3,530 15,655 1,425 1,895 2,085 1,985 3,000 1,545 5,000 8,590 7,000 10,000 4,285 3,535

45 8,970 2,972 5,100 2,204 8,580 22,395 23,499 14,630 2,783 1,177 1,177 1,836 5,284 7,663 4,239 2,617 2,452 4,021 17,789 1,527 2,031 2,235 2,128 3,248 1,723 5,419 9,667 7,857 10,930 4,801 3,953

Coupon

Maturity Date

1.600% 1.600% 0.613% 5.625% 5.750% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000%

2/1/17 2/1/17 5/1/31 1/1/19 1/1/19 1/1/33 1/1/34 1/1/35 1/1/36 7/1/19 8/1/21 8/1/21 8/1/21 8/1/21 8/1/22 8/1/23 8/1/24 8/1/25 8/15/21 8/15/22 8/1/18 8/1/18 8/1/18 8/1/18 1/15/19 1/15/20 2/1/20 1/15/21 1/15/22 1/1/29 1/1/23 1/1/25

5.500%

2/1/28

4,065

4,727

5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/1/29 7/15/25 7/15/26 7/1/20 7/1/25 7/1/26 7/1/30 7/1/31 7/1/34 7/1/36 7/1/19 7/1/20 7/1/32 7/1/33 7/1/34 7/1/36 7/1/17

4,370 4,330 4,835 2,000 4,815 5,055 5,995 5,980 3,485 1,655 1,110 2,170 1,850 2,505 1,590 1,255 5,000

5,079 5,157 5,722 2,276 6,062 6,435 7,408 7,346 4,232 1,996 1,199 2,399 2,263 3,049 1,928 1,513 5,125

(Prere.) (2) (Prere.) (Prere.)

(14) (Prere.) (Prere.) (Prere.)

(4) (4) (Prere.) (Prere.) (Prere.) (Prere.)

(4) (4)

710,277 Iowa (0.3%) Ames IA Hospital Revenue (Mary Greeley Medical Center) Ames IA Hospital Revenue (Mary Greeley Medical Center) Iowa Finance Authority Health Facilities Revenue (Iowa Health System) Iowa Finance Authority Health Facilities Revenue (Iowa Health System) Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) Iowa Finance Authority Revenue Iowa Special Obligation Revenue Iowa Special Obligation Revenue Iowa Special Obligation Revenue Iowa Special Obligation Revenue Iowa Special Obligation Revenue Iowa Special Obligation Revenue Iowa Special Obligation Revenue (Ijobs Program)

161

5.500% 5.625% 5.250% 5.250% 5.000% 5.500% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/15/20 6/15/20 8/15/19 2/15/29 12/1/19 12/1/22 12/1/25 8/1/20 6/1/24 6/15/24 6/1/25 6/15/25 6/15/26 6/1/27 6/1/27

(Prere.) (Prere.) (Prere.) (12)

2,000 2,000 5,500 13,500 6,390 58,100 500 3,000 4,000 5,260 4,640 4,690 3,560 5,450 5,985

2,306 2,315 6,134 14,579 6,565 58,899 522 3,429 4,944 6,505 5,798 5,864 4,497 6,807 6,740

Intermediate-Term Tax-Exempt Fund

Coupon Iowa Iowa Iowa Iowa Iowa Iowa

Special Obligation Revenue (Ijobs Program) Special Obligation Revenue (Prison Infrastructure) Special Obligation Revenue (Prison Infrastructure) Special Obligation Revenue (Prison Infrastructure) Student Loan Liquidity Corp. Revenue Student Loan Liquidity Corp. Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.250%

Maturity Date 6/1/28 6/15/20 (Prere.) 6/15/20 (Prere.) 6/15/20 (Prere.) 12/1/16 12/1/17

Face Amount ($000)

Market Value• ($000)

6,280 4,000 1,150 2,100 8,545 5,655

7,067 4,553 1,309 2,390 8,573 5,883 165,679

Kansas (0.7%) Cowley County KS Unified School District GO Cowley County KS Unified School District GO Cowley County KS Unified School District GO Johnson County KS Unified School District No. 233 GO Johnson County KS Unified School District No. 233 GO Johnson County KS Unified School District No. 233 GO Johnson County KS Unified School District No. 233 GO Johnson County KS Unified School District No. 233 GO Johnson County KS Unified School District No. 233 GO Johnson County KS Unified School District No. 233 GO Johnson County KS Unified School District No. 233 GO Kansas Department of Transportation Highway Revenue Kansas Department of Transportation Highway Revenue Kansas Department of Transportation Highway Revenue Kansas Department of Transportation Highway Revenue Kansas Department of Transportation Highway Revenue Kansas Department of Transportation Highway Revenue Kansas Department of Transportation Highway Revenue Kansas Department of Transportation Highway Revenue Kansas Department of Transportation Highway Revenue Kansas Development Finance Authority Health Facilities Revenue (Kansas University Health System) Kansas Development Finance Authority Health Facilities Revenue (Kansas University Health System) Kansas Development Finance Authority Health Facilities Revenue (Kansas University Health System) Kansas Development Finance Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Kansas Development Finance Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Kansas Development Finance Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Kansas Development Finance Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) 4 Kansas Development Finance Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) TOB VRDO Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue (Kansas Department of Commerce Impact Program) Kansas Development Finance Authority Revenue (Kansas Department of Commerce Impact Program) Kansas Development Finance Authority Revenue (Sisters of Charity of Leavenworth Health System) Kansas Development Finance Authority Revenue (Sisters of Charity of Leavenworth Health System) Lawrence KS Water & Sewage System Revenue Leavenworth County KS Unified School District GO Leavenworth County KS Unified School District GO Leavenworth County KS Unified School District GO Leavenworth County KS Unified School District GO Leavenworth County KS Unified School District GO Leavenworth County KS Unified School District GO

4.750% 4.750% 4.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

9/1/18 (Prere.) 9/1/18 (Prere.) 9/1/26 (4) 9/1/23 9/1/24 9/1/24 9/1/24 9/1/25 9/1/25 9/1/26 9/1/29 9/1/20 9/1/20 9/1/21 9/1/22 9/1/25 9/1/26 9/1/27 9/1/28 9/1/29

380 3,500 3,300 1,000 1,450 1,000 1,500 1,650 2,250 2,150 1,000 24,000 5,000 10,000 7,425 10,000 13,300 14,000 11,400 15,525

405 3,735 3,521 1,220 1,795 1,238 1,857 2,062 2,812 2,719 1,118 27,562 5,738 11,812 8,988 12,424 16,580 17,344 14,019 18,983

5.375%

3/1/30

1,000

1,108

5.000%

3/1/31

1,000

1,092

5.000%

3/1/34

2,000

2,179

5.000%

11/15/17 (Prere.)

2,800

2,922

5.000%

11/15/17 (Prere.)

6,000

6,262

5.000%

11/15/17 (Prere.)

1,500

1,565

5.500%

11/15/29

10,435

11,725

0.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/7/16 5/1/20 5/1/23 5/1/25 5/1/26 5/1/27 5/1/28 4/1/29 4/1/32 4/1/33 4/1/34

8,000 11,400 10,000 10,000 13,290 23,500 7,000 7,025 13,000 15,045 5,795

8,000 12,865 12,000 12,027 15,942 28,110 8,367 8,168 14,915 17,204 6,608

5.000%

6/1/19

6,730

7,323

5.000%

6/1/20

7,070

7,890

5.250%

1/1/20 (Prere.)

6,510

7,346

990 3,575 1,030 1,000 600 1,265 1,165 1,360

1,108 4,387 1,079 1,079 657 1,395 1,285 1,510

5.250% 5.000% 4.500% 4.500% 4.500% 4.750% 4.750% 5.000%

162

1/1/25 11/1/28 3/1/18 3/1/19 9/1/19 9/1/19 9/1/19 9/1/19

(12) (12) (12) (Prere.) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

Leavenworth County KS Unified School District GO Leavenworth County KS Unified School District GO Wichita KS Hospital Facilities Revenue (Via Christi Health System Inc.) Wyandotte County/Kansas City KS Unified Government Utility System Revenue Wyandotte County/Kansas City KS Unified Government Utility System Revenue

Coupon

Maturity Date

5.000% 4.500% 5.000% 5.000% 5.000%

9/1/19 (Prere.) 3/1/20 (12) 11/15/16 (ETM) 9/1/22 9/1/23

Face Amount ($000)

Market Value• ($000)

1,060 1,115 1,000 750 1,500

1,177 1,214 1,002 892 1,816 368,151

Kentucky (0.6%) Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) Kentucky Asset/Liability Commission Agency Fund Revenue (Federal Highway Trust) Kentucky Asset/Liability Commission Agency Fund Revenue (Federal Highway Trust) Kentucky Asset/Liability Commission Agency Fund Revenue (Federal Highway Trust) Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) Kentucky Economic Development Finance Authority Health System Revenue (Norton Healthcare Inc. & Affiliates) Kentucky Economic Development Finance Authority Medical Center Revenue (King’s Daughters Medical Center Project) Kentucky Economic Development Finance Authority Medical Center Revenue (King’s Daughters Medical Center Project) Kentucky Economic Development Finance Authority Medical Center Revenue (King’s Daughters Medical Center Project) Kentucky Economic Development Finance Authority Medical Center Revenue (King’s Daughters Medical Center Project) 1 Kentucky Economic Development Finance Authority Revenue (Catholic Health Initiatives) PUT Kentucky Municipal Power Agency Power System Revenue Kentucky Municipal Power Agency Power System Revenue Kentucky Municipal Power Agency Power System Revenue Kentucky Municipal Power Agency Power System Revenue Kentucky Municipal Power Agency Power System Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Property & Building Commission Revenue Kentucky Public Transportation Infrastructure Authority Toll Revenue (Downtown Crossing Project) BAN Kentucky Public Transportation Infrastructure Authority Toll Revenue (Downtown Crossing Project) BAN Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) Louisville & Jefferson County KY Metropolitan Government Health System Revenue (Norton Healthcare Obligated Group) Louisville & Jefferson County KY Metropolitan Government Health System Revenue (Norton Healthcare Obligated Group) Louisville & Jefferson County KY Metropolitan Government Health System Revenue (Norton Healthcare Obligated Group) Louisville & Jefferson County KY Metropolitan Government Health System Revenue (Norton Healthcare Obligated Group) Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives)

163

5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 4.000% 4.000% 4.000%

2/1/25 2/1/26 2/1/27 2/1/28 9/1/18 (14) 9/1/21 9/1/22 5/1/32 5/1/35 5/1/36

720 570 615 630 5,000 14,000 7,000 1,750 1,425 1,200

845 670 718 731 5,371 15,893 7,892 1,888 1,518 1,274

0.000%

10/1/25 (14)

12,000

9,234

5.000%

2/1/18

1,840

1,917

5.000%

2/1/19

1,475

1,580

5.000%

2/1/20

2,985

3,278

5.000% 1.259% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.500% 5.000% 5.500% 5.000% 5.000% 5.250% 5.000% 5.250%

2/1/21 2/1/20 9/1/25 9/1/27 9/1/28 9/1/29 9/1/30 8/1/17 10/1/17 11/1/17 11/1/18 11/1/18 2/1/19 2/1/19 8/1/19 10/1/19 8/1/20 11/1/20 8/1/21 2/1/23 8/1/23 2/1/25

2,000 40,000 4,500 4,425 3,500 4,000 2,370 1,600 1,170 8,570 5,000 5,120 5,510 4,425 6,870 5,000 4,320 4,500 35,000 705 5,000 570

2,188 39,849 5,420 5,265 4,116 4,676 2,755 1,650 1,215 8,922 5,406 5,536 6,026 4,840 7,659 5,535 4,967 4,854 39,608 768 5,970 620

0.000%

7/1/20

1,700

1,530

0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/23 7/1/18 (Prere.) 7/1/18 (Prere.) 7/1/18 (Prere.) 7/1/22 7/1/24 7/1/29 7/1/31

1,720 9,890 7,065 7,000 1,000 1,450 3,905 5,210

1,381 10,563 7,545 7,476 1,184 1,766 4,617 6,117

(14) (14) (14) (14) (14)

(Prere.) (Prere.) (Prere.) (Prere.) (2) (2) (2)

(12) (12)

5.000%

10/1/24

1,000

1,214

5.000%

10/1/25

1,250

1,527

5.000%

10/1/26

5,370

6,622

5.000% 5.000% 5.000%

10/1/27 12/1/25 12/1/30

2,000 8,900 14,775

2,450 10,102 16,420

Intermediate-Term Tax-Exempt Fund

Coupon Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) Paducah KY Electric Plant Board Revenue Paducah KY Electric Plant Board Revenue Warren County KY Hospital Revenue (Bowling Green-Warren County Community Hospital Corp. Project) Warren County KY Hospital Revenue (Bowling Green-Warren County Community Hospital Corp. Project)

5.000% 5.000% 5.000%

Maturity Date 12/1/31 10/1/25 (4) 10/1/26 (4)

Face Amount ($000)

Market Value• ($000)

9,000 1,665 1,110

9,972 2,020 1,361 1,320

5.000%

4/1/20

1,180

5.000%

4/1/28

4,000

4,603 320,444

Louisiana (0.8%) Bossier City LA Utilities Revenue Bossier City LA Utilities Revenue Bossier City LA Utilities Revenue Bossier City LA Utilities Revenue East Baton Rouge Parish LA Sales Tax Revenue Ernest N. Morial - New Orleans LA Exhibition Hall Authority Special Tax Revenue Jefferson Parish LA Environmental Facilities & Community Development Authority Revenue Jefferson Parish LA Environmental Facilities & Community Development Authority Revenue Jefferson Parish LA Environmental Facilities & Community Development Authority Revenue Jefferson Parish LA Environmental Facilities & Community Development Authority Revenue Jefferson Parish LA Environmental Facilities & Community Development Authority Revenue Lafayette LA Communications System Revenue Lafayette LA Communications System Revenue Lafayette LA Communications System Revenue Louisiana Gasoline & Fuel Tax Revenue Louisiana Gasoline & Fuel Tax Revenue Louisiana Gasoline & Fuel Tax Revenue Louisiana Gasoline & Fuel Tax Revenue Louisiana Gasoline & Fuel Tax Revenue 1 Louisiana Gasoline & Fuel Tax Revenue PUT 1 Louisiana Gasoline & Fuel Tax Revenue PUT Louisiana GO Louisiana GO Louisiana GO Louisiana GO Louisiana GO Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (East Baton Rouge Sewerage Commission Projects) Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (East Baton Rouge Sewerage Commission Projects) Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (East Baton Rouge Sewerage Commission Projects) Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (East Baton Rouge Sewerage Commission Projects) Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (LCTCS Facilities Corp. Project) Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (LCTCS Facilities Corp. Project) Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (LCTCS Facilities Corp. Project) Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (Plaquemines Project) Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (Plaquemines Project) Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (Plaquemines Project) Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (Women’s Hospital Foundation Project) Louisiana Office Facilities Corp. Lease Revenue (Capitol Complex Project) Louisiana Office Facilities Corp. Lease Revenue (Capitol Complex Project) Louisiana Public Facilities Authority Hospital Revenue (Franciscan Missionaries of Our Lady Health System Project) Louisiana Public Facilities Authority Hospital Revenue (Franciscan Missionaries of Our Lady Health System Project) Louisiana Public Facilities Authority Revenue (Loyola University) Louisiana Public Facilities Authority Revenue (Nineteenth Judicial District Court Building Project) Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project)

164

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.839% 0.919% 5.000% 5.000% 5.000% 5.000% 5.000%

10/1/29 10/1/31 10/1/32 10/1/33 8/1/19 7/15/27 4/1/17 4/1/18 4/1/19 4/1/19 4/1/19 11/1/23 11/1/24 11/1/25 5/1/31 5/1/32 5/1/33 5/1/34 5/1/35 5/1/17 5/1/18 11/15/17 11/15/17 8/1/25 12/1/26 5/1/29

1,000 1,000 1,000 3,000 5,165 2,800 1,000 1,000 1,000 1,000 1,030 2,000 5,310 1,500 20,665 10,000 5,905 4,000 7,095 10,000 34,500 10,000 17,040 2,375 7,870 14,815

1,203 1,187 1,182 3,531 5,720 3,254 1,017 1,054 1,096 1,096 1,122 2,397 6,441 1,822 24,442 11,775 6,927 4,677 8,275 10,003 34,397 10,437 17,785 2,896 9,557 17,656

5.000%

2/1/29

1,525

1,792

5.000%

2/1/31

3,140

3,653

5.000%

2/1/33

3,500

4,044

5.000%

2/1/34

2,550

2,937

5.000%

10/1/22

2,790

3,160

5.000%

10/1/24

11,000

12,384

5.000%

10/1/25

2,000

2,247

(Prere.)

(Prere.) (Prere.) (4) (4) (4)

5.000%

9/1/26 (4)

1,700

1,992

5.000%

9/1/28 (4)

1,875

2,175

5.000%

9/1/31 (4)

1,420

1,632

5.625% 5.000% 5.000%

10/1/30 5/1/17 5/1/19

15,905 5,300 4,495

18,221 5,409 4,918

5.000%

7/1/31

7,055

8,242

8,440 4,000 2,200 415 1,105 4,170 400

9,817 4,520 2,497 425 1,129 4,272 482

5.000% 5.250% 5.000% 5.000% 5.000% 5.250% 5.000%

7/1/32 10/1/29 6/1/36 (4) 5/15/17 (ETM) 5/15/17 5/15/17 (Prere.) 5/15/23

Intermediate-Term Tax-Exempt Fund

Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) Louisiana Stadium & Exposition District Revenue Louisiana Stadium & Exposition District Revenue Louisiana Stadium & Exposition District Revenue Louisiana Stadium & Exposition District Revenue Louisiana Stadium & Exposition District Revenue Louisiana State University Revenue Louisiana State University Revenue Louisiana State University Revenue New Orleans LA Aviation Board Revenue New Orleans LA Aviation Board Revenue New Orleans LA Aviation Board Revenue New Orleans LA Aviation Board Revenue New Orleans LA GO New Orleans LA GO New Orleans LA GO New Orleans LA GO New Orleans LA GO New Orleans LA GO New Orleans LA GO New Orleans LA Sewage Service Revenue New Orleans LA Sewage Service Revenue New Orleans LA Sewage Service Revenue New Orleans LA Sewage Service Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue New Orleans LA Water Revenue St. Charles Parish LA Gulf Opportunity Zone Revenue (Valero Energy Corp.) PUT Tobacco Settlement Financing Corp. Louisiana Revenue Tobacco Settlement Financing Corp. Louisiana Revenue Tobacco Settlement Financing Corp. Louisiana Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.500% 4.500% 5.000% 5.000% 5.125% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.250% 5.250% 5.250%

5/15/24 5/15/25 5/15/27 5/15/27 7/1/24 7/1/25 7/1/26 7/1/27 7/1/28 7/1/29 7/1/30 7/1/32 1/1/17 1/1/17 1/1/18 1/1/18 12/1/17 12/1/23 12/1/24 12/1/25 12/1/26 12/1/27 12/1/28 6/1/26 6/1/29 6/1/34 6/1/35 12/1/23 12/1/23 12/1/24 12/1/24 12/1/25 12/1/26 12/1/27 12/1/28 12/1/28 12/1/29 12/1/29 12/1/30 12/1/31 12/1/32 12/1/33 12/1/34 12/1/34 12/1/35 6/1/22 5/15/31 5/15/32 5/15/33

510 850 1,000 10,995 2,125 5,445 5,000 3,770 3,650 3,180 1,000 2,765 1,955 1,540 2,440 2,200 10,000 2,250 2,500 2,500 3,770 2,260 2,310 500 1,100 1,385 950 655 1,000 1,000 550 500 1,000 865 550 1,200 650 1,000 500 1,430 1,345 760 1,430 2,600 700 18,135 10,000 12,365 5,000

624 1,046 1,209 11,221 2,503 6,367 5,813 4,363 4,197 3,694 1,156 3,172 1,967 1,549 2,552 2,301 10,475 2,725 2,993 2,973 4,461 2,656 2,700 603 1,295 1,592 1,089 784 1,197 1,206 663 608 1,208 1,036 651 1,406 765 1,166 586 1,666 1,559 877 1,645 2,969 803 19,804 11,194 14,052 5,644

(12) (12) (12) (12) (Prere.)

(4) (4) (4)

445,682 Maine (0.1%) Maine GO Maine Municipal Bond Bank Revenue Maine Municipal Bond Bank Revenue Maine Municipal Bond Bank Revenue Portland ME Airport Revenue Portland ME Airport Revenue Portland ME Airport Revenue Portland ME Airport Revenue Portland ME Airport Revenue Portland ME Airport Revenue Portland ME Airport Revenue Portland ME Airport Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/1/19 11/1/25 11/1/26 11/1/27 1/1/21 1/1/22 1/1/23 1/1/24 1/1/25 1/1/26 1/1/28 1/1/29

(4) (4) (4) (4) (4) (4) (4) (4)

5,000 2,000 2,000 2,215 1,000 1,000 1,000 1,610 1,000 1,720 1,200 1,265

5,516 2,452 2,457 2,699 1,106 1,102 1,109 1,778 1,100 1,885 1,307 1,372 23,883

Maryland (3.3%) Anne Arundel Anne Arundel Anne Arundel Anne Arundel

County County County County

MD MD MD MD

GO GO GO GO

5.000% 5.000% 5.000% 5.000%

165

4/1/19 4/1/19 10/1/19 10/1/19

1,885 1,030 3,110 8,240

2,067 1,129 3,468 9,188

Intermediate-Term Tax-Exempt Fund

3

3 3

3 3

Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Anne Arundel County MD GO Baltimore County MD GO Baltimore County MD GO Baltimore County MD GO Baltimore County MD GO Baltimore County MD GO Baltimore County MD GO Baltimore MD Consolidated Public Improvement GO Baltimore MD Consolidated Public Improvement GO Baltimore MD Project Revenue Baltimore MD Project Revenue Baltimore MD Project Revenue Baltimore MD Project Revenue Baltimore MD Project Revenue Baltimore MD Project Revenue Baltimore MD Project Revenue Baltimore MD Project Revenue Baltimore MD Project Revenue Calvert County MD GO Howard County MD GO Howard County MD GO Howard County MD GO Howard County MD GO Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Department of Transportation Revenue Maryland Economic Development Corp. Pollution Control Revenue (Potomac Electric Power Co.) Maryland Economic Development Corp. Revenue (Constellation Energy Group, Inc. Project) PUT Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO

166

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 6.200% 2.550% 5.000% 5.000% 5.000% 4.500% 5.000% 5.000% 5.000%

10/1/19 4/1/20 4/1/20 4/1/20 10/1/20 10/1/20 10/1/20 4/1/21 4/1/21 4/1/21 4/1/21 10/1/21 10/1/21 10/1/21 10/1/21 10/1/24 10/1/24 10/1/24 10/1/24 10/1/25 10/1/25 10/1/25 10/1/25 10/1/26 10/1/26 10/1/26 10/1/27 8/1/19 2/1/20 8/1/21 8/1/21 8/1/21 2/1/22 8/1/20 8/1/21 7/1/26 7/1/26 7/1/27 7/1/28 7/1/28 7/1/29 7/1/30 7/1/30 7/1/31 7/1/23 8/15/20 8/15/21 2/15/22 8/15/24 2/15/19 6/1/19 11/1/19 2/15/20 6/1/20 9/1/20 11/1/20 2/15/21 11/1/21 11/1/23 12/15/28 12/15/29 9/1/22 6/1/20 3/1/17 8/1/17 3/15/18 8/1/18 8/1/18 8/1/18 3/1/19

4,830 1,855 830 2,255 3,110 6,210 4,735 6,395 1,880 1,135 2,590 3,110 1,455 6,185 4,715 3,110 1,455 2,445 3,850 3,110 1,455 2,400 4,605 3,110 1,455 4,160 3,110 3,000 1,000 5,000 6,705 2,600 3,000 4,050 5,800 1,585 1,250 1,745 1,570 1,905 2,075 1,905 3,255 2,000 3,300 14,125 14,440 13,605 4,500 34,000 8,155 19,000 41,400 8,850 18,480 11,585 46,790 12,000 25,000 17,390 27,000 6,000 5,150 3,440 20,000 20,000 35,465 2,175 3,000 5,000

5,385 2,103 941 2,556 3,581 7,150 5,452 7,467 2,195 1,325 3,024 3,682 1,723 7,323 5,583 3,914 1,831 3,077 4,845 3,970 1,857 3,064 5,878 3,932 1,840 5,260 3,905 3,330 1,128 5,884 7,890 3,060 3,576 4,639 6,825 1,838 1,449 2,019 1,816 2,204 2,401 2,190 3,741 2,299 4,068 16,199 17,019 16,255 5,289 37,145 9,001 21,248 46,715 10,078 20,517 13,352 54,403 14,219 30,954 19,705 30,438 6,685 5,212 3,490 20,646 21,144 37,717 2,332 3,216 5,471

Intermediate-Term Tax-Exempt Fund

Coupon

1

Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland GO Maryland Health & Higher Educational Facilities Authority Revenue (Anne Arundel Health System) Maryland Health & Higher Educational Facilities Authority Revenue (Anne Arundel Health System) Maryland Health & Higher Educational Facilities Authority Revenue (Johns Hopkins Health System Obligated Group) PUT Maryland Health & Higher Educational Facilities Authority Revenue (Maryland Institute College of Art) Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (University of Maryland Medical System) Maryland Health & Higher Educational Facilities Authority Revenue (University of Maryland Medical System) Maryland Health & Higher Educational Facilities Authority Revenue (University of Maryland Medical System) Maryland Health & Higher Educational Facilities Authority Revenue (University of Maryland Medical System) Maryland Health & Higher Educational Facilities Authority Revenue (University of Maryland Medical System) Maryland Health & Higher Educational Facilities Authority Revenue (University of Maryland Medical System) Maryland Health & Higher Educational Facilities Authority Revenue (University of Maryland Medical System) Maryland Health & Higher Educational Facilities Authority Revenue (University of Maryland Medical System) Maryland Transportation Authority GAN Maryland Water Quality Financing Administration Bay Restoration Revolving Loan Fund Revenue Maryland Water Quality Financing Administration Bay Restoration Revolving Loan Fund Revenue Maryland Water Quality Financing Administration Bay Restoration Revolving Loan Fund Revenue Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Montgomery County MD GO Prince Georges County MD GO Prince Georges County MD GO

167

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.500% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 5.000% 5.000%

3/1/19 8/1/19 8/1/19 8/1/19 3/1/20 3/1/20 3/15/20 8/1/20 8/1/20 8/1/20 8/1/20 3/1/21 3/1/21 3/1/21 8/1/21 8/1/21 8/1/21 3/1/22 3/1/22 (Prere.) 8/1/22 8/1/22 8/1/22 3/1/23 8/1/23 8/1/23 8/1/23 8/1/24 8/1/26 6/1/29 6/1/30 7/1/21 7/1/23

10,395 5,100 5,000 5,015 12,450 14,640 16,615 13,550 5,145 15,000 4,000 13,965 7,580 31,755 43,490 16,350 2,230 32,550 7,150 29,215 4,500 71,720 37,360 37,875 71,995 14,805 3,000 28,000 68,270 73,035 800 900

11,374 5,661 5,550 5,567 14,077 16,553 18,810 15,267 5,893 17,182 4,619 16,270 8,831 36,997 49,174 19,265 2,628 38,937 8,539 35,327 5,442 86,725 44,535 44,254 88,902 18,282 3,772 32,270 77,622 82,606 936 1,073

0.903%

5/15/18

10,000

9,976

5.000% 5.000% 5.000% 5.000% 5.000%

6/1/29 8/15/31 8/15/32 8/15/33 7/1/34

1,000 5,580 6,630 5,000 2,600

1,129 6,465 7,632 5,726 2,941

5.000%

7/1/17

3,000

3,083

5.000%

7/1/18

2,500

2,663

5.250%

7/1/19

1,700

1,816

4.500%

7/1/20

1,500

1,576

5.250%

7/1/21

2,000

2,134

4.750%

7/1/23

900

944

5.500%

7/1/24 (2)

3,800

4,041

5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/28 (2) 3/1/20 3/1/23 3/1/24 3/1/25 7/1/17 7/1/19 11/1/20 7/1/21 7/1/21 11/1/22 11/1/23 11/1/26 8/1/21 9/15/21

9,000 8,085 12,970 12,000 14,000 3,460 8,790 11,370 2,380 2,500 39,265 18,000 8,300 13,745 4,975

9,534 8,864 15,780 14,877 17,180 3,560 9,730 13,125 2,795 2,936 47,729 22,315 10,378 16,175 5,875

Intermediate-Term Tax-Exempt Fund

Prince Georges County MD GO Prince Georges County MD GO University of Maryland Auxiliary Facility & Tuition Revenue Washington MD Suburban Sanitary Commission GO Washington MD Suburban Sanitary Commission GO Washington MD Suburban Sanitary Commission GO Westminster MD Revenue (Lutheran Village at Miller’s Grant)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 4.000% 5.000% 5.000% 4.000% 4.000% 4.875%

9/1/23 9/1/26 4/1/19 6/1/20 6/1/31 6/1/32 7/1/23

10,865 2,000 4,995 4,415 8,185 8,515 4,720

13,416 2,324 5,477 5,031 9,136 9,454 4,896 1,771,175

Massachusetts (3.1%) Boston MA GO Boston MA GO Boston MA GO Massachusetts Bay Transportation Authority Assessment Revenue 4 Massachusetts Bay Transportation Authority Sales Tax Revenue TOB VRDO 2 Massachusetts College Building Authority Revenue 2 Massachusetts College Building Authority Revenue Massachusetts College Building Authority Revenue Massachusetts College Building Authority Revenue Massachusetts College Building Authority Revenue Massachusetts College Building Authority Revenue Massachusetts Department of Transportation Metropolitan Highway System Revenue Massachusetts Department of Transportation Metropolitan Highway System Revenue Massachusetts Department of Transportation Metropolitan Highway System Revenue Massachusetts Development Finance Agency Revenue (Berklee College of Music) Massachusetts Development Finance Agency Revenue (Berklee College of Music) Massachusetts Development Finance Agency Revenue (Berkshire Health System) Massachusetts Development Finance Agency Revenue (Berkshire Health System) Massachusetts Development Finance Agency Revenue (Berkshire Health System) Massachusetts Development Finance Agency Revenue (Berkshire Health System) Massachusetts Development Finance Agency Revenue (Berkshire Health System) Massachusetts Development Finance Agency Revenue (Berkshire Health System) Massachusetts Development Finance Agency Revenue (Berkshire Health System) Massachusetts Development Finance Agency Revenue (Berkshire Health System) Massachusetts Development Finance Agency Revenue (Boston College) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Dana-Farber Cancer Institute) Massachusetts Development Finance Agency Revenue (Dana-Farber Cancer Institute) Massachusetts Development Finance Agency Revenue (Draper Laboratory) Massachusetts Development Finance Agency Revenue (Emerson College) Massachusetts Development Finance Agency Revenue (Harvard University) Massachusetts Development Finance Agency Revenue (Harvard University) Massachusetts Development Finance Agency Revenue (Harvard University) Massachusetts Development Finance Agency Revenue (Harvard University) Massachusetts Development Finance Agency Revenue (Harvard University) Massachusetts Development Finance Agency Revenue (Harvard University) Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) Massachusetts Development Finance Agency Revenue (Simmons College) Massachusetts Development Finance Agency Revenue (Simmons College) Massachusetts Development Finance Agency Revenue (Simmons College) Massachusetts Development Finance Agency Revenue (Tufts Medical Center) Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) Massachusetts Educational Financing Authority Education Loan Revenue Massachusetts Federal Highway GAN (Accelerated Bridge Program) Massachusetts Federal Highway GAN (Accelerated Bridge Program) Massachusetts Federal Highway Revenue Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO

168

5.000% 5.000% 5.000% 5.000% 0.730% 5.125% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.750% 5.500% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 7.250% 5.125% 5.500% 5.000% 5.000% 5.000% 0.525% 0.525% 0.570% 0.525% 2.000% 5.000% 2.000%

8/1/17 4/1/20 2/1/23 7/1/19 11/7/16 5/1/19 5/1/19 5/1/28 5/1/29 5/1/30 5/1/31 1/1/20 1/1/23 1/1/26 10/1/29 10/1/31 10/1/20 10/1/21 10/1/22 10/1/23 10/1/24 10/1/25 10/1/26 10/1/27 7/1/29 7/1/24 7/1/25 7/1/26 7/1/32 7/1/34 12/1/35 12/1/36 9/1/18 1/1/30 7/15/19 7/15/20 7/15/20 7/15/21 7/15/28 7/15/34 9/1/23 9/1/24 9/1/25 9/1/32 10/1/23 10/1/24 10/1/25 1/1/32 7/1/26 1/1/22 6/15/20 6/15/24 6/15/22 12/1/30 12/1/30 12/1/30 12/1/30 5/22/17 6/1/17 6/26/17

(Prere.) (Prere.)

(Prere.)

(14) (14) (14) (14)

5,035 6,000 4,760 15,000 40,807 1,420 2,250 1,290 2,905 4,820 6,040 2,610 14,750 13,625 3,110 1,200 1,205 1,760 2,125 2,235 1,500 1,600 1,100 1,165 9,500 1,000 1,000 1,000 3,760 3,490 5,240 2,000 6,765 15,000 4,000 2,500 6,500 3,000 7,000 10,800 1,230 1,310 2,770 17,575 835 700 800 10,000 2,690 3,500 10,205 20,000 10,000 6,050 625 8,375 17,550 53,000 1,200 40,000

5,199 6,802 5,651 16,613 40,807 1,565 2,486 1,454 3,411 5,633 7,041 2,923 16,491 15,202 3,533 1,373 1,364 2,039 2,450 2,562 1,710 1,813 1,241 1,312 10,808 1,192 1,199 1,203 4,285 3,962 6,181 2,353 7,354 16,559 4,434 2,769 7,435 3,533 8,905 13,292 1,370 1,465 3,114 19,191 994 844 974 11,947 3,042 3,888 11,237 24,895 12,017 5,490 567 7,600 15,927 53,363 1,230 40,358

Intermediate-Term Tax-Exempt Fund

1

2

Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts Massachusetts

GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO PUT Health & Educational Facilities Authority Revenue (Boston College) Health & Educational Facilities Authority Revenue (Boston Medical Center) Health & Educational Facilities Authority Revenue (Boston Medical Center) Health & Educational Facilities Authority Revenue (CareGroup) Health & Educational Facilities Authority Revenue (CareGroup) Health & Educational Facilities Authority Revenue (CareGroup) Health & Educational Facilities Authority Revenue (Harvard University) Health & Educational Facilities Authority Revenue (MIT) Health & Educational Facilities Authority Revenue (Northeastern University) Health & Educational Facilities Authority Revenue (Northeastern University) Health & Educational Facilities Authority Revenue (Northeastern University) Health & Educational Facilities Authority Revenue (Northeastern University) Health & Educational Facilities Authority Revenue (Suffolk University) Port Authority Revenue Port Authority Revenue Port Authority Revenue Port Authority Revenue Port Authority Revenue Port Authority Revenue School Building Authority Dedicated Sales Tax Revenue School Building Authority Dedicated Sales Tax Revenue School Building Authority Dedicated Sales Tax Revenue School Building Authority Dedicated Sales Tax Revenue School Building Authority Dedicated Sales Tax Revenue School Building Authority Dedicated Sales Tax Revenue School Building Authority Dedicated Sales Tax Revenue School Building Authority Dedicated Sales Tax Revenue School Building Authority Dedicated Sales Tax Revenue School Building Authority Dedicated Sales Tax Revenue School Building Authority Dedicated Sales Tax Revenue School Building Authority Dedicated Sales Tax Revenue School Building Authority Dedicated Sales Tax Revenue School Building Authority Dedicated Sales Tax Revenue School Building Authority Dedicated Sales Tax Revenue Special Obligation Dedicated Tax Revenue Special Obligation Dedicated Tax Revenue Special Obligation Dedicated Tax Revenue Water Pollution Abatement Trust Revenue

169

Coupon

Maturity Date

5.000% 5.500% 5.500% 5.500% 5.500% 5.500% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 1.057% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 4.000% 0.930% 5.500% 5.000% 5.000% 5.375% 5.375% 5.375% 6.250% 6.000% 5.000% 5.000% 5.000% 5.000% 6.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.500% 5.500% 5.250%

8/1/17 11/1/17 11/1/17 11/1/17 8/1/18 10/1/18 3/1/19 7/1/19 5/1/20 7/1/20 10/1/20 4/1/21 4/1/21 7/1/21 8/1/21 8/1/21 8/1/21 8/1/22 7/1/24 7/1/24 8/1/24 7/1/25 11/1/25 4/1/26 7/1/27 7/1/28 7/1/29 7/1/30 11/1/30 9/1/31 9/1/33 8/1/17 6/1/30 7/1/18 7/1/18 7/1/18 7/1/18 7/1/18 4/1/20 7/1/18 10/1/20 10/1/25 10/1/26 10/1/28 7/1/30 7/1/29 7/1/31 7/1/32 7/1/33 7/1/34 7/1/35 8/15/21 8/15/24 8/15/25 8/15/26 8/15/27 8/15/27 8/15/28 8/15/29 8/15/31 5/15/32 8/15/32 10/15/32 5/15/33 8/15/34 8/15/35 1/1/19 1/1/26 1/1/28 2/1/21

(14) (4) (14) (Prere.)

(14) (Prere.) (Prere.) (Prere.) (2)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(14) (14) (14)

Face Amount ($000)

Market Value• ($000)

24,060 20,100 7,000 10,000 5,000 9,500 10,000 3,645 8,355 3,920 11,065 18,000 26,675 10,170 20,000 20,870 4,445 14,000 9,575 3,705 65,150 5,710 22,000 42,115 41,660 16,000 10,425 12,000 45,000 5,770 23,500 49,000 5,000 1,890 15,450 3,380 5,500 3,500 1,685 5,000 3,740 1,460 2,000 1,155 5,000 8,345 3,000 3,500 4,005 1,470 2,500 2,500 20,000 2,000 6,745 5,000 9,000 32,750 4,000 18,500 6,400 10,600 8,010 7,610 5,000 4,000 5,125 29,860 11,075 5,955

24,835 21,052 7,332 10,474 5,401 10,329 10,925 4,026 9,479 4,471 12,922 21,005 31,129 11,919 23,561 24,748 5,271 16,841 11,899 4,604 81,081 7,178 21,920 53,480 52,491 20,040 12,744 14,553 49,238 6,854 25,760 48,979 6,664 2,014 16,463 3,631 5,909 3,760 1,980 5,419 4,257 1,565 2,142 1,233 5,598 9,871 3,620 4,202 4,789 1,752 2,974 2,940 24,010 2,516 8,451 5,991 11,185 39,223 4,907 22,404 7,554 11,628 9,335 8,957 5,976 4,767 5,580 38,113 14,445 6,979

Intermediate-Term Tax-Exempt Fund

2 2 2

4

Massachusetts Water Pollution Abatement Trust Revenue Massachusetts Water Pollution Abatement Trust Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue TOB VRDO Metropolitan Boston MA Transit Parking Corp. Revenue Metropolitan Boston MA Transit Parking Corp. Revenue Metropolitan Boston MA Transit Parking Corp. Revenue Metropolitan Boston MA Transit Parking Corp. Revenue Metropolitan Boston MA Transit Parking Corp. Revenue Metropolitan Boston MA Transit Parking Corp. Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 6.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

8/1/23 8/1/24 7/15/19 8/1/19 8/1/21 8/1/21 8/1/21 8/1/30 8/1/31 8/1/33 8/1/34 8/1/35 11/7/16 7/1/26 7/1/27 7/1/28 7/1/29 7/1/30 7/1/31

6,430 7,665 15,665 21,580 2,350 3,500 2,000 5,000 5,000 10,000 10,000 6,800 37,675 3,000 3,440 5,100 11,580 11,000 11,575

7,926 9,618 16,797 23,943 2,766 4,120 2,354 5,808 5,808 12,141 12,093 8,197 37,675 3,461 3,956 5,866 13,262 12,569 13,226

(ETM) (Prere.) (Prere.) (Prere.)

LOC

1,656,583 Michigan (3.6%) Battle Creek MI School District GO Battle Creek MI School District GO Battle Creek MI School District GO Battle Creek MI School District GO Birmingham MI City School District GO Birmingham MI City School District GO Chippewa Valley MI Schools GO Chippewa Valley MI Schools GO Chippewa Valley MI Schools GO Chippewa Valley MI Schools GO Dearborn MI School District GO Dearborn MI School District GO Dearborn MI School District GO Dearborn MI School District GO Dearborn MI School District GO Detroit MI GO Detroit MI GO Detroit MI Sewage Disposal System Revenue Detroit MI Water & Sewerage Department Sewage Disposal System Revenue Detroit MI Water & Sewerage Department Sewage Disposal System Revenue Detroit/Wayne County MI Stadium Authority Revenue Detroit/Wayne County MI Stadium Authority Revenue Detroit/Wayne County MI Stadium Authority Revenue Detroit/Wayne County MI Stadium Authority Revenue Forest Hills MI Public Schools GO Forest Hills MI Public Schools GO Forest Hills MI Public Schools GO Great Lakes MI Water Authority Sewer Disposal System Revenue Great Lakes MI Water Authority Sewer Disposal System Revenue Great Lakes MI Water Authority Sewer Disposal System Revenue Great Lakes MI Water Authority Sewer Disposal System Revenue Great Lakes MI Water Authority Sewer Disposal System Revenue Great Lakes MI Water Authority Sewer Disposal System Revenue Great Lakes MI Water Authority Water Supply System Revenue Great Lakes MI Water Authority Water Supply System Revenue Great Lakes MI Water Authority Water Supply System Revenue Great Lakes MI Water Authority Water Supply System Revenue Great Lakes MI Water Authority Water Supply System Revenue Jackson County MI Hospital Finance Authority Hospital Revenue (Allegiance Health) Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Methodist Hospital) Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline)

170

5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 7.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.250% 5.250% 5.250%

5/1/24 5/1/32 5/1/33 5/1/34 5/1/24 5/1/25 5/1/25 5/1/32 5/1/34 5/1/35 5/1/26 5/1/27 5/1/28 5/1/30 5/1/32 4/1/17 4/1/17 7/1/27 7/1/23 7/1/32 10/1/19 10/1/20 10/1/21 10/1/22 5/1/19 5/1/20 5/1/21 7/1/25 7/1/30 7/1/31 12/1/16 7/1/35 7/1/36 7/1/25 7/1/28 7/1/30 7/1/31 7/1/33 6/1/17 5/15/30 11/1/22 11/1/23 11/1/25 11/1/29 11/1/30 11/1/31 11/1/32 11/1/34

(ETM) (12)(ETM) (4)

(4) (4) (4) (4)

(4)

(4) (ETM)

1,000 2,920 1,500 3,065 1,000 1,465 700 1,000 1,080 800 3,755 3,650 3,635 4,000 3,150 555 3,025 3,865 7,000 14,000 1,300 1,500 1,100 1,000 3,350 3,760 3,365 4,800 17,025 4,750 4,750 34,080 64,000 10,240 14,000 5,400 9,210 13,380 2,420 18,370 1,000 1,000 3,250 5,325 1,750 4,750 5,000 1,500

1,207 3,415 1,748 3,560 1,153 1,673 861 1,176 1,261 931 4,444 4,343 4,302 4,681 3,657 563 3,079 4,401 8,077 15,456 1,415 1,662 1,237 1,143 3,669 4,237 3,889 5,834 19,863 5,555 5,003 38,840 72,826 12,464 16,736 6,300 10,678 14,093 2,480 20,217 1,176 1,194 3,786 6,195 2,032 5,495 5,764 1,714

Intermediate-Term Tax-Exempt Fund

Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) Lincoln MI Consolidated School District GO Lincoln MI Consolidated School District GO Marquette MI Board of Light & Power Electric Utility System Revenue Marquette MI Board of Light & Power Electric Utility System Revenue Marysville MI Public Schools District GO Marysville MI Public Schools District GO Marysville MI Public Schools District GO Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue (Beaumont Health Obligated Group) Michigan Finance Authority Revenue (Beaumont Health Obligated Group) Michigan Finance Authority Revenue (Beaumont Health Obligated Group) Michigan Finance Authority Revenue (Beaumont Health Obligated Group) Michigan Finance Authority Revenue (Beaumont Health Obligated Group) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer)

171

Coupon

Maturity Date

5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/35 5/1/25 5/1/26 7/1/32 7/1/33 5/1/29 5/1/32 5/1/33 10/15/18 10/15/19 10/15/24 10/15/24 4/15/25 4/15/25 10/15/25 4/15/26 4/15/26 4/15/27 4/15/28 10/15/28 4/15/29 10/15/29 4/15/30 4/15/31 10/15/31 4/15/32 10/15/32 4/15/35 4/1/18 10/1/23 4/1/24 10/1/24 4/1/25 10/1/26 10/1/27 10/1/29 10/1/30 10/1/32 8/1/24 8/1/25 8/1/28 8/1/30 8/1/32 7/1/22 7/1/22 7/1/23 7/1/24 7/1/24 7/1/25 7/1/26 7/1/26 7/1/26 7/1/27 7/1/27 7/1/28 7/1/28 7/1/29 7/1/30 7/1/30 7/1/31 7/1/31 7/1/32 7/1/32 7/1/32 7/1/33 7/1/33 7/1/33 7/1/34 7/1/34 7/1/34

(4) (4)

(4) (14) (4) (14) (4) (4) (4) (4) (4) (4)

Face Amount ($000)

Market Value• ($000)

8,730 1,000 1,250 1,145 1,000 2,255 3,010 3,285 12,575 8,315 2,500 3,000 2,500 5,250 5,920 6,500 1,570 1,500 8,000 2,000 26,550 9,625 15,000 4,040 10,415 27,185 4,660 13,405 13,000 2,000 4,000 2,010 2,160 3,300 3,375 4,350 5,240 2,500 7,000 3,000 6,500 11,000 13,570 20,000 1,210 19,000 1,840 15,000 2,950 1,500 5,000 12,225 1,350 10,000 1,000 7,000 16,500 700 15,000 1,200 10,000 3,100 1,000 7,500 850 3,500 20,250 2,000 5,450 1,000

9,950 1,216 1,529 1,364 1,189 2,721 3,565 3,872 13,537 9,243 2,883 3,460 3,089 6,487 6,797 8,036 1,955 1,863 9,690 2,450 31,907 11,471 17,899 4,796 12,364 32,153 5,512 15,692 13,669 2,349 4,736 2,383 2,577 3,924 3,991 5,073 6,082 2,869 8,571 3,642 7,704 12,909 15,749 23,498 1,416 22,731 2,212 18,201 3,545 1,785 5,963 14,580 1,591 11,857 1,168 8,238 19,044 815 17,206 1,390 11,419 3,534 1,152 8,526 975 3,973 22,931 2,287 6,165 1,129

Intermediate-Term Tax-Exempt Fund

1 1 4

3 3 3

Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (McLaren Health Care Corp.) PUT Michigan Finance Authority Revenue (McLaren Health Care Corp.) PUT Michigan Finance Authority Revenue (McLaren Health Care Corp.) TOB VRDO Michigan Finance Authority Revenue (MidMichigan Obligated Group) Michigan Finance Authority Revenue (MidMichigan Obligated Group) Michigan Finance Authority Revenue (MidMichigan Obligated Group) Michigan Finance Authority Revenue (MidMichigan Obligated Group) Michigan Finance Authority Revenue (MidMichigan Obligated Group) Michigan Finance Authority Revenue (Sparrow Obligated Group) Michigan Finance Authority Revenue (Sparrow Obligated Group) Michigan Finance Authority Revenue (Sparrow Obligated Group) Michigan Finance Authority Revenue (Sparrow Obligated Group) Michigan Finance Authority Revenue (Sparrow Obligated Group) Michigan Finance Authority Revenue (State Clean Water Revolving Fund) Michigan Finance Authority Revenue (State Clean Water Revolving Fund) Michigan Finance Authority Revenue (State Clean Water Revolving Fund) Michigan Finance Authority Revenue (State Clean Water Revolving Fund) Michigan Finance Authority Revenue (State Clean Water Revolving Fund) Michigan Finance Authority Revenue (Trinity Health Credit Group) Michigan Finance Authority Revenue (Trinity Health Credit Group) Michigan Finance Authority Revenue (Trinity Health Credit Group) Michigan Finance Authority Revenue (Trinity Health Credit Group) Michigan Finance Authority Revenue (Trinity Health Credit Group) Michigan Finance Authority Revenue (Trinity Health Credit Group) Michigan Finance Authority Revenue (Trinity Health Credit Group) Michigan Finance Authority Revenue (Unemployment Obligation Assessment) Michigan Finance Authority Revenue (Unemployment Obligation Assessment) Michigan Finance Authority Revenue (Unemployment Obligation Assessment) Michigan Finance Authority Revenue (Unemployment Obligation Assessment) Michigan GAN Michigan GAN Michigan GAN Michigan GO Michigan GO Michigan GO Michigan GO Michigan GO Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT Michigan Hospital Finance Authority Revenue (Henry Ford Health System) Michigan Hospital Finance Authority Revenue (Henry Ford Health System) Michigan Hospital Finance Authority Revenue (McLaren Health Care) Michigan Hospital Finance Authority Revenue (McLaren Health Care) Michigan Hospital Finance Authority Revenue (MidMichigan Obligated Group) Michigan Hospital Finance Authority Revenue (MidMichigan Obligated Group) Michigan Hospital Finance Authority Revenue (MidMichigan Obligated Group) Michigan Hospital Finance Authority Revenue (Trinity Health) PUT Michigan Housing Development Authority Revenue Michigan Municipal Bond Authority Revenue (State Clean Water Revolving Fund) Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University) Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University)

172

Face Amount ($000)

Market Value• ($000)

3,500 1,350 2,300 4,000 3,655 7,000 12,000 1,000 1,000 1,500 1,000 800 1,000 1,000 2,580 2,655 48,255 25,000 20,000 1,310 2,000 3,000 5,000 5,000 830 1,300 425 1,190 400 2,000 1,800 8,360 7,500 1,500 70 4,750 3,500 7,930 12,500 5,000 7,870 65,000 50,500 44,000 7,735 5,000 6,000 3,750 33,880 12,805 10,810 7,835 2,285 18,470 16,910 45,000 5,000 15,775 2,000 2,600 1,900 5,000 4,000 3,950 13,000 4,000

4,022 1,539 2,799 4,923 4,257 8,061 13,676 1,196 1,214 1,833 1,212 960 1,189 1,181 3,028 3,096 48,148 24,892 20,000 1,550 2,351 3,511 5,828 5,806 984 1,612 500 1,389 465 2,079 1,852 9,278 8,465 1,763 81 5,844 4,309 8,935 14,457 5,924 9,287 66,882 53,978 48,668 8,101 5,984 7,440 4,677 34,613 13,302 11,229 9,895 2,862 21,798 19,858 45,095 5,624 17,920 2,297 2,971 2,011 5,582 4,504 4,166 13,761 4,574

Coupon

Maturity Date

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.964% 1.114% 0.580% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 2.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 1.500% 5.250% 5.625% 5.000% 5.000% 5.125% 5.625% 6.000% 6.000% 3.500% 5.000%

7/1/35 7/1/35 11/15/24 11/15/26 11/15/32 11/15/34 11/15/37 5/15/23 5/15/24 5/15/25 5/15/26 5/15/27 5/15/28 5/15/29 5/15/30 5/15/31 10/15/18 10/15/20 11/1/16 6/1/28 6/1/29 6/1/30 6/1/31 6/1/32 11/15/23 11/15/24 11/15/24 11/15/25 11/15/26 10/1/17 10/1/19 10/1/20 10/1/30 10/1/32 12/1/20 12/1/24 12/1/25 12/1/27 12/1/30 12/1/33 12/1/34 7/1/17 7/1/18 7/1/19 1/1/22 3/15/23 3/15/26 3/15/27 5/1/17 9/15/17 9/15/17 12/1/25 12/1/26 11/15/32 11/15/33 3/15/17 11/15/19 11/15/19 6/1/27 6/1/28 6/1/19 6/1/19 6/1/19 12/1/17 6/1/47 10/1/22

5.000%

3/1/23

1,250

1,511

5.000%

3/1/24

1,500

1,841

(4)

LOC

(Prere.)

(Prere.) (Prere.)

(Prere.) (Prere.)

(ETM) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

1

4

Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University) Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University) Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University) Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University) Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University) Michigan Strategic Fund Limited Obligation Revenue (Senate Offices Project) Michigan Strategic Fund Limited Obligation Revenue (Senate Offices Project) Michigan Strategic Fund Limited Obligation Revenue (Senate Offices Project) Michigan Trunk Line Revenue Monroe County MI Economic Development Corp. Revenue (Detroit Edison Co. Project) Oakland University MI Revenue Oakland University MI Revenue Oakland University MI Revenue Oakland University MI Revenue Oakland University MI Revenue Oakland University MI Revenue Oakland University MI Revenue Oakland University MI Revenue Oakland University MI Revenue Oakland University MI Revenue Oakland University MI Revenue Oakland University MI Revenue Portage MI Public Schools GO Portage MI Public Schools GO Portage MI Public Schools GO Rochester MI Community School District GO Rockford MI Public Schools GO Rockford MI Public Schools GO Romeo MI Community School District GO Romeo MI Community School District GO Romeo MI Community School District GO Romeo MI Community School District GO Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) Saginaw MI Hospital Finance Authority Hospital Revenue (Covenant Medical Center Inc.) Saginaw MI Hospital Finance Authority Hospital Revenue (Covenant Medical Center Inc.) Saginaw MI Hospital Finance Authority Hospital Revenue (Covenant Medical Center Inc.) University of Michigan Revenue University of Michigan Revenue PUT Wayne County MI Airport Authority Revenue Wayne County MI Airport Authority Revenue Wayne County MI Airport Authority Revenue Wayne County MI Airport Authority Revenue Wayne County MI Airport Authority Revenue Wayne County MI Airport Authority Revenue Wayne County MI Airport Authority Revenue Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) Wayne State University Michigan Revenue TOB VRDO Woodhaven-Brownstone MI School District GO Woodhaven-Brownstone MI School District GO Woodhaven-Brownstone MI School District GO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

3/1/25

1,250

1,518

5.000%

3/1/26

2,000

2,402

5.000%

3/1/27

1,700

2,024

5.000%

3/1/28

1,250

1,480

5.000% 5.000% 5.000% 5.000% 5.000% 6.950% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 8.000% 5.500% 6.375% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.060% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.700% 5.000% 5.000% 5.000%

3/1/29 10/15/30 10/15/34 10/15/35 11/15/22 9/1/22 3/1/24 3/1/25 3/1/26 3/1/27 3/1/28 3/1/29 3/1/31 3/1/32 3/1/33 3/1/34 3/1/35 3/1/36 11/1/33 11/1/35 11/1/36 5/1/19 5/1/32 5/1/33 5/1/32 5/1/33 5/1/34 5/1/35 9/1/18 8/1/19 8/1/19 9/1/22 9/1/23 9/1/26 7/1/18 7/1/19 7/1/30 4/1/17 4/2/18 12/1/29 12/1/31 12/1/32 12/1/33 12/1/34 12/1/34 12/1/35 12/1/16 12/1/25 12/1/27 12/1/28 12/1/29 12/1/30 12/1/31 12/1/32 11/7/16 5/1/29 5/1/30 5/1/31

2,500 1,480 2,170 1,370 7,000 27,000 500 500 500 750 1,215 1,735 2,225 3,140 1,775 3,745 2,205 2,025 2,130 1,300 1,500 4,180 2,000 2,470 1,290 1,350 1,425 1,000 13,900 20,000 25,000 2,500 2,000 2,225 2,195 2,300 10,000 30,000 25,100 1,525 2,300 2,870 10,165 3,390 2,600 3,870 5,000 8,050 5,655 5,935 3,895 6,540 6,370 4,300 5,000 3,800 3,850 3,905

2,939 1,730 2,492 1,565 8,458 34,810 607 614 618 918 1,473 2,086 2,637 3,701 2,083 4,377 2,571 2,354 2,511 1,523 1,755 4,578 2,368 2,912 1,521 1,584 1,668 1,166 15,699 22,421 28,648 2,972 2,420 2,658 2,322 2,503 11,040 30,548 24,987 1,819 2,713 3,371 11,903 3,961 3,038 4,508 5,018 8,342 6,461 6,724 4,425 7,379 7,153 4,823 5,000 4,586 4,611 4,653

(14)

(Prere.) (ETM) (Prere.)

(14)

1,902,123

173

Intermediate-Term Tax-Exempt Fund

Minnesota (1.6%) Duluth MN Independent School District No. 709 COP Hennepin County MN GO Hennepin County MN GO Hennepin County MN GO Hennepin County MN GO Hennepin County MN GO Metropolitan Council (Minneapolis-St. Paul Metropolitan Area) Minnesota GO Metropolitan Council (Minneapolis-St. Paul Metropolitan Area) Minnesota GO Metropolitan Council (Minneapolis-St. Paul Metropolitan Area) Minnesota GO Metropolitan Council (Minneapolis-St. Paul Metropolitan Area) Minnesota GO Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care (Allina Health System) Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care (Allina Health System) Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care (Allina Health System) Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care (Allina Health System) Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care (Allina Health System) Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care (Allina Health System) Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care (Allina Health System) Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care (Allina Health System) Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue Minneapolis & St. Paul MN Metropolitan Council Wastewater GO Minneapolis & St. Paul MN Metropolitan Council Wastewater GO Minneapolis & St. Paul MN Metropolitan Council Wastewater GO Minneapolis & St. Paul MN Metropolitan Council Wastewater GO Minneapolis MN GO Minneapolis MN Health Care System Revenue (Fairview Health Services) Minneapolis MN Health Care System Revenue (Fairview Health Services) Minneapolis MN Special School District No. 1 COP Minneapolis MN Special School District No. 1 COP Minneapolis MN Special School District No. 1 COP Minneapolis MN Special School District No. 1 COP Minneapolis MN Special School District No. 1 COP Minneapolis MN Special School District No. 1 COP Minneapolis MN Special School District No. 1 COP 3 Minnesota 911 Revenue 3 Minnesota 911 Revenue 3 Minnesota 911 Revenue Minnesota COP Minnesota COP Minnesota COP Minnesota COP Minnesota COP Minnesota COP Minnesota COP Minnesota COP Minnesota COP Minnesota General Fund Revenue Minnesota General Fund Revenue Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/1/22 12/1/19 12/1/23 12/1/24 12/1/25 12/1/26 3/1/18 3/1/19 3/1/19 3/1/20

2,150 5,050 2,600 3,055 1,295 3,635 4,500 4,200 1,500 4,500

2,509 5,668 3,233 3,863 1,661 4,725 4,750 4,595 1,641 5,086

5.000%

11/15/17

1,785

1,861

5.000%

11/15/18

2,190

2,365

5.000%

11/15/20

1,585

1,763

5.000%

11/15/20

1,805

2,008

5.000%

11/15/21

2,205

2,452

5.000%

11/15/21

3,925

4,365

5.000%

11/15/22

2,425

2,697

5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 2.000% 6.000% 6.625% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/15/29 1/1/26 1/1/28 1/1/28 1/1/29 1/1/30 1/1/31 3/1/20 3/1/21 3/1/25 3/1/26 12/1/19 11/15/18 (ETM) 11/15/18 (Prere.) 2/1/22 2/1/23 2/1/24 2/1/25 2/1/26 2/1/27 2/1/28 6/1/18 6/1/19 6/1/20 6/1/17 6/1/18 6/1/19 6/1/28 6/1/29 6/1/30 6/1/32 6/1/33 6/1/34 3/1/24 3/1/25 12/1/16 8/1/17 8/1/18 8/1/21 8/1/21 8/1/21 8/1/21 10/1/21 (Prere.) 8/1/22

7,000 12,000 4,000 20,500 2,280 2,500 2,500 4,485 5,000 7,000 7,395 8,000 8,530 15,500 6,805 7,550 8,215 5,050 7,000 10,085 10,590 18,000 20,400 21,420 7,745 7,135 8,540 3,225 3,385 3,405 3,670 3,615 4,005 7,500 6,000 5,145 1,000 3,895 5,445 6,000 6,500 31,000 155 20,500

7,829 15,081 4,777 25,724 2,701 2,940 2,927 5,070 5,823 8,863 9,483 8,232 9,014 17,277 8,046 9,098 9,918 6,039 8,349 11,996 12,589 19,171 22,484 24,360 7,773 7,161 8,571 3,883 4,050 4,052 4,328 4,247 4,690 8,850 7,074 5,164 1,032 4,175 6,410 7,064 7,652 36,496 182 24,764

System Revenue System Revenue System Revenue System Revenue System Revenue System Revenue System Revenue System Revenue

174

Intermediate-Term Tax-Exempt Fund

Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota GO Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) Minnesota Office of Higher Education Revenue (Supplemental Student Loan Program) Minnesota Office of Higher Education Revenue (Supplemental Student Loan Program) Minnesota Public Facilities Authority Revenue (State Revolving Fund) Osseo MN Independent School District No. 279 GO Rochester MN Health Care Facilities Revenue (Mayo Clinic) Rochester MN Health Care Facilities Revenue (Mayo Clinic) Rochester MN Health Care Facilities Revenue (Mayo Clinic) PUT South Washington County MN Independent School District No. 833 GO Southern Minnesota Municipal Power Agency Power Supply System Revenue St. Cloud MN Health Care Revenue (CentraCare Health System) St. Cloud MN Health Care Revenue (CentraCare Health System) St. Louis Park MN Health Care Facilities Revenue (Park Nicollet Health Services) St. Louis Park MN Health Care Facilities Revenue (Park Nicollet Health Services) University of Minnesota Revenue University of Minnesota Revenue University of Minnesota Revenue University of Minnesota Revenue University of Minnesota Revenue University of Minnesota Revenue University of Minnesota Revenue University of Minnesota Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.250% 5.000% 5.000% 5.500% 5.625% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

8/1/23 8/1/23 8/1/24 8/1/24 8/1/24 10/1/24 8/1/25 8/1/25 8/1/25 8/1/25 8/1/26 8/1/26 8/1/27 4/1/17 4/1/18 4/1/19 11/1/16 11/1/18 3/1/20 2/1/20 11/15/29 11/15/31 11/15/18 2/1/25 1/1/19 5/1/23 5/1/24 7/1/18 7/1/18 12/1/18 8/1/19 4/1/20 4/1/21 4/1/22 8/1/22 8/1/23 8/1/24

32,540 12,000 12,355 15,500 1,350 9,845 17,005 13,500 9,590 31,390 8,015 35,060 4,000 820 455 425 1,120 4,305 5,000 7,410 7,000 8,000 11,500 4,215 2,000 2,000 1,500 21,700 6,000 1,000 1,150 2,895 3,140 500 1,585 2,500 4,515

40,111 14,792 15,503 19,424 1,692 11,572 21,622 17,165 12,212 39,971 9,612 44,342 5,028 831 474 455 1,120 4,605 5,642 8,336 9,042 10,342 12,195 5,279 2,182 2,418 1,842 23,366 6,473 1,084 1,274 3,276 3,656 546 1,813 2,858 5,158

(Prere.)

(Prere.)

(Prere.) (Prere.)

837,964 Mississippi (0.3%) Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) Jackson MS Public School District GO Jackson MS Public School District GO Jackson MS Public School District GO Jackson MS Public School District GO Jackson MS Public School District GO Mississippi Development Bank Special Obligation Revenue (Harrison County Highway Project) Mississippi Development Bank Special Obligation Revenue (Madison County Highway Project) Mississippi GO Mississippi GO Mississippi GO Mississippi GO Mississippi GO Mississippi GO Mississippi GO Mississippi GO Mississippi GO Mississippi Hospital Equipment & Facilities Authority Revenue (North Mississippi Health Services) University of Southern Mississippi S.M. Educational Building Corp. Revenue (Athletics Facilities Improvements Project)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/28 4/1/23 4/1/24 4/1/25 4/1/26 4/1/27 1/1/24 1/1/24 12/1/16 12/1/17 (Prere.) 12/1/17 (Prere.) 10/1/19 10/1/30 11/1/30 10/1/31 12/1/31 12/1/32 10/1/17

3,620 1,500 3,000 5,285 5,000 4,500 2,500 2,500 3,435 16,890 10,000 2,330 12,035 4,000 11,735 11,250 7,000 2,500

5.000%

3/1/17 (Prere.)

10,000

4,263 1,776 3,578 6,369 6,084 5,516 3,047 3,047 3,449 17,671 10,463 2,599 14,068 4,874 13,693 13,493 8,360 2,591 10,132 135,073

Missouri (0.9%) Bi-State Development Agency of the Missouri-Illinois Metropolitan District Mass Transit Sales Tax Revenue Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue (St. Francis Medical Center) Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue (St. Francis Medical Center) Curators of the University of Missouri System Facilities Revenue Curators of the University of Missouri System Facilities Revenue

175

5.000%

10/1/33

7,500

8,681

5.000%

6/1/26

1,000

1,151

5.000% 5.000% 5.000%

6/1/27 11/1/26 11/1/27

1,850 1,830 1,000

2,118 2,138 1,166

Intermediate-Term Tax-Exempt Fund

3

3

3

3

3

3

3

3

Curators of the University of Missouri System Facilities Revenue Curators of the University of Missouri System Facilities Revenue Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) Kansas City MO Sanitary Sewer System Revenue Kansas City MO Sanitary Sewer System Revenue Kansas City MO Special Obligation Revenue (Downtown Arena Project) Kansas City MO Special Obligation Revenue (Downtown Arena Project) Kansas City MO Special Obligation Revenue (Downtown Arena Project) Kansas City MO Special Obligation Revenue (Performing Arts Center Garage Project) Kansas City MO Special Obligation Revenue (Performing Arts Center Garage Project) Missouri Board of Public Buildings Special Obligation Revenue Missouri Environmental Improvement & Energy Resources Authority Revenue Missouri Environmental Improvement & Energy Resources Authority Revenue Missouri Environmental Improvement & Energy Resources Authority Revenue Missouri Environmental Improvement & Energy Resources Authority Revenue Missouri Environmental Improvement & Energy Resources Authority Revenue Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) Missouri Health & Educational Facilities Authority Health Facilities Revenue (Freeman Health System) Missouri Health & Educational Facilities Authority Health Facilities Revenue (Freeman Health System) Missouri Health & Educational Facilities Authority Health Facilities Revenue (Freeman Health System) Missouri Health & Educational Facilities Authority Health Facilities Revenue (Freeman Health System) Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Missouri Health & Educational Facilities Authority Health Facilities Revenue (St. Luke’s Health System) Missouri Health & Educational Facilities Authority Health Facilities Revenue (St. Luke’s Health System) Missouri Health & Educational Facilities Authority Health Facilities Revenue (St. Luke’s Health System) Missouri Health & Educational Facilities Authority Health Facilities Revenue (St. Luke’s Health System) Missouri Health & Educational Facilities Authority Revenue (Children’s Mercy Hospital) Missouri Health & Educational Facilities Authority Revenue (Children’s Mercy Hospital) Missouri Health & Educational Facilities Authority Revenue (Children’s Mercy Hospital) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Mercy Health) Missouri Health & Educational Facilities Authority Revenue (Mercy Health) VRDO Missouri Health & Educational Facilities Authority Revenue (Mercy Health) VRDO

176

System) System) System) System) System) System) System) System)

Coupon

Maturity Date

4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 4.000% 4.000% 0.000% 0.000% 4.000% 1.453% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/30 11/1/31 12/1/20 12/1/25 12/1/26 12/1/27 12/1/29 12/1/30 12/1/31 1/1/30 1/1/31 4/1/32 4/1/35 4/1/36 2/1/18 2/1/19 4/1/20 12/1/22 (14) 1/1/24 1/1/25 7/1/26 1/1/27 11/15/26 11/15/28

Face Amount ($000)

Market Value• ($000)

3,000 6,415 5,000 6,000 5,000 12,745 13,625 13,675 5,535 1,190 1,700 7,225 2,000 1,850 3,000 7,615 5,160 6,385 2,000 2,900 4,250 2,000 2,045 1,000

3,345 7,109 5,749 7,352 6,072 15,380 16,229 16,218 6,533 1,322 1,877 8,403 2,129 1,964 2,936 7,301 5,662 5,978 2,471 3,637 5,352 2,510 2,417 1,164

5.000%

2/15/21

2,845

3,241

5.000%

2/15/22

3,490

4,061

5.000%

2/15/23

3,690

4,281

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/15/24 6/1/19 6/1/22 6/1/26 6/1/27 6/1/28 6/1/29 6/1/30 6/1/31

3,320 2,420 5,270 3,000 4,000 3,500 4,000 4,000 3,000

3,829 2,654 5,957 3,630 4,794 4,167 4,732 4,708 3,517

5.000%

11/15/20

3,975

4,559

5.250%

11/15/25

8,000

9,102

5.000%

11/15/30

5,000

5,546

4.000% 5.250% 4.000% 5.000%

11/15/33 5/15/29 5/15/33 5/15/36

5,450 19,230 3,530 2,615

5,880 20,945 3,719 3,034

5.000%

2/1/25

850

1,003

5.000%

2/1/26

750

891

5.000%

2/1/28

1,000

1,165

5.000%

2/1/29

1,150

1,328

5.000%

2/1/30

400

458

5.000%

2/1/31

1,350

1,535

5.000%

2/1/32

500

566

5.000% 5.000% 0.788% 0.783%

2/1/33 11/15/34 6/1/31 (2) 6/1/31 (2)

550 30,000 1,000 7,800

622 34,838 911 7,108

Intermediate-Term Tax-Exempt Fund

Missouri Health & Educational Facilities Authority Revenue (Washington University) Missouri Highways & Transportation Commission Road Revenue Missouri Highways & Transportation Commission Road Revenue Missouri Highways & Transportation Commission Road Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Iatan 2 Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Iatan 2 Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) St. Louis County MO Parkway C-2 School District GO St. Louis MO Airport Revenue (Lambert-St. Louis International Airport) St. Louis MO Parking Revenue St. Louis MO Parking Revenue St. Louis MO Parking Revenue St. Louis MO Sewer & Wastewater Revenue St. Louis MO Sewer & Wastewater Revenue St. Louis MO Sewer & Wastewater Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.125% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/15/30 2/1/19 5/1/22 5/1/24 1/1/24 1/1/26 1/1/27 1/1/28 1/1/29 1/1/30 1/1/31 12/1/36 12/1/34 12/1/35 1/1/17 1/1/17 6/1/24 12/1/24 6/1/25 12/1/25 12/1/29 3/1/24 7/1/24 12/15/24 12/15/25 12/15/26 5/1/34 5/1/35 5/1/36

15,000 2,000 5,000 15,000 2,800 4,570 3,250 2,250 5,000 6,455 10,000 10,000 10,500 8,000 12,225 15,730 3,000 2,785 1,600 2,270 3,500 2,500 6,000 1,000 1,000 1,000 3,050 2,000 3,000

17,519 2,182 6,007 18,739 3,371 5,518 3,897 2,680 5,910 7,562 11,659 11,691 12,225 9,288 12,314 15,844 3,648 3,410 1,969 2,782 4,164 3,114 6,717 1,216 1,232 1,219 3,664 2,396 3,586

(Prere.) (Prere.)

(4) (4) (4)

492,668 Montana (0.1%) Forsyth MT Pollution Control Revenue (Northwestern Corporation Colstrip Project) Forsyth MT Pollution Control Revenue (Puget Sound Energy Project)

2.000% 3.900%

8/1/23 3/1/31

20,000 2,925

19,834 3,088 22,922

Multiple States (0.3%) 4 Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund VRDP VRDO 4 Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund VRDP VRDO

0.730% 0.740%

11/3/16 LOC 11/3/16 LOC

91,300 84,400

91,300 84,400 175,700

Nebraska (0.5%) Central Plains Energy Project Nebraska Gas Project Revenue (Project No. 3) Central Plains Energy Project Nebraska Gas Supply Revenue PUT Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) Lincoln County NE Hospital Authority No. 1 Hospital Revenue (Great Plains Regional Medical Center Project) Lincoln County NE Hospital Authority No. 1 Hospital Revenue (Great Plains Regional Medical Center Project) Lincoln County NE Hospital Authority No. 1 Hospital Revenue (Great Plains Regional Medical Center Project) Lincoln County NE Hospital Authority No. 1 Hospital Revenue (Great Plains Regional Medical Center Project) Lincoln County NE Hospital Authority No. 1 Hospital Revenue (Great Plains Regional Medical Center Project) Lincoln NE Electric System Revenue Lincoln NE Electric System Revenue Municipal Energy Agency of Nebraska Power Supply System Revenue Municipal Energy Agency of Nebraska Power Supply System Revenue

177

5.000% 5.000%

9/1/27 12/1/19

9,330 150,000

10,637 165,448

5.000%

11/1/23

1,910

2,271

5.000%

11/1/24

1,400

1,679

5.000%

11/1/25

2,005

2,419

5.000%

11/1/26

1,160

1,385

5.000%

11/1/27

1,760

2,088

5.000%

11/1/28

1,250

1,470

5.000%

11/1/29

1,895

2,216

4.000%

11/1/21

1,000

1,104

4.000%

11/1/22

860

944

5.000%

11/1/24

1,320

1,513

5.000%

11/1/25

1,000

1,139

5.000% 5.000% 5.000% 5.000% 5.000%

11/1/32 9/1/22 (Prere.) 9/1/25 4/1/26 4/1/29

5,000 1,010 1,990 3,065 2,125

5,557 1,221 2,381 3,563 2,435

Intermediate-Term Tax-Exempt Fund

Coupon Municipal Energy Agency of Nebraska Power Supply System Revenue Municipal Energy Agency of Nebraska Power Supply System Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Nebraska Public Power District Revenue Omaha NE Public Power District Electric Revenue Omaha NE Public Power District Electric Revenue University of Nebraska Student Fee Revenue University of Nebraska Student Fee Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

Maturity Date 4/1/31 4/1/32 1/1/18 (Prere.) 1/1/30 1/1/30 1/1/31 1/1/31 1/1/31 1/1/32 1/1/32 1/1/33 1/1/33 1/1/33 1/1/34 2/1/25 2/1/27 7/1/22 7/1/24

Face Amount ($000)

Market Value• ($000)

2,500 2,800 8,000 1,000 2,000 1,250 1,920 2,000 1,470 2,095 1,250 2,325 5,000 1,500 14,000 2,375 4,000 1,645

2,851 3,181 8,388 1,168 2,336 1,453 2,232 2,325 1,705 2,430 1,448 2,693 5,791 1,733 17,509 2,980 4,778 1,967 276,438

Nevada (1.0%) Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) Clark County NV Airport Improvement Revenue Clark County NV Airport Improvement Revenue Clark County NV GO Clark County NV GO Clark County NV GO Clark County NV GO Clark County NV Highway Improvement Motor Vehicle Fuel Tax Revenue Clark County NV Highway Improvement Motor Vehicle Fuel Tax Revenue Clark County NV Highway Improvement Motor Vehicle Fuel Tax Revenue Clark County NV Highway Improvement Motor Vehicle Fuel Tax Revenue Clark County NV Passenger Facility Charge Revenue (Las Vegas McCarran International Airport) Clark County NV School District GO Clark County NV School District GO Clark County NV School District GO Clark County NV School District GO Clark County NV School District GO Clark County NV School District GO Clark County NV School District GO Clark County NV School District GO Clark County NV Water Reclamation District GO Clark County NV Water Reclamation District GO Clark County NV Water Reclamation District GO Las Vegas NV Convention & Visitors Authority Revenue Las Vegas NV Convention & Visitors Authority Revenue Las Vegas NV Convention & Visitors Authority Revenue Las Vegas NV GO Las Vegas NV GO Las Vegas NV GO Las Vegas NV GO Las Vegas NV GO Las Vegas NV GO Las Vegas NV GO Las Vegas NV GO Las Vegas NV GO Las Vegas NV GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO

178

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.375% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000%

9/1/21 9/1/27 7/1/21 7/1/30 7/1/19 11/1/20 7/1/21 7/1/33 7/1/18 7/1/19 7/1/20 7/1/21 7/1/30 12/15/17 12/15/17 12/15/17 6/15/18 6/15/18 6/15/20 6/15/21 6/15/22 7/1/18 7/1/20 7/1/21 7/1/25 7/1/26 7/1/27 6/1/18 6/1/19 6/1/20 6/1/21 6/1/21 9/1/24 9/1/25 6/1/30 6/1/31 6/1/32 6/1/17 6/1/17 6/1/18 6/1/19 12/1/19 6/1/24 6/1/24 6/1/25 6/1/25 6/1/26 6/1/27 6/1/31

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(Prere.)

2,330 3,500 2,000 15,000 9,000 5,000 6,075 16,290 885 1,000 1,500 2,810 15,000 16,360 10,000 15,000 12,445 29,900 14,335 8,980 14,655 2,985 3,695 3,880 2,080 1,440 1,815 3,110 3,235 3,360 3,500 1,400 5,690 6,070 4,610 4,795 4,990 2,060 5,000 7,370 5,000 5,000 2,665 4,000 2,050 2,000 2,000 10,460 4,000

2,649 3,936 2,239 16,505 9,932 5,734 7,092 18,947 945 1,105 1,707 3,278 16,524 17,141 10,478 15,716 13,274 31,892 14,985 9,386 15,316 3,207 4,209 4,541 2,563 1,792 2,242 3,259 3,476 3,690 3,914 1,627 7,033 7,599 5,146 5,314 5,486 2,099 5,125 7,844 5,504 5,595 3,283 4,928 2,552 2,490 2,521 12,193 4,847

Intermediate-Term Tax-Exempt Fund

Coupon Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Nevada GO Nevada GO Nevada GO Nevada GO Nevada Highway Improvement Revenue (Motor Vehicle Fuel Tax) Reno NV Health Facility Revenue (Dignity Health Obligated Group) Reno NV Hospital Revenue (Renown Regional Medical Center) Reno NV Hospital Revenue (Renown Regional Medical Center) Truckee Meadows NV Water Authority Water Revenue Truckee Meadows NV Water Authority Water Revenue Truckee Meadows NV Water Authority Water Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.500% 5.500% 5.000% 5.000% 5.000%

Maturity Date 6/1/31 6/1/31 6/1/32 6/1/32 6/1/32 2/1/35 6/1/35 6/1/35 2/1/36 4/1/22 11/1/23 4/1/24 11/1/25 12/1/19 7/1/31 6/1/18 (Prere.) 6/1/28 (2) 7/1/32 7/1/34 7/1/35

Face Amount ($000)

Market Value• ($000)

3,500 4,500 3,295 6,040 2,000 8,000 4,150 6,000 5,000 17,000 28,500 17,595 34,000 7,000 4,000 1,585 165 4,435 7,750 1,750

4,242 5,256 3,968 7,045 2,333 8,375 4,940 7,142 5,228 20,194 34,917 21,663 42,337 7,851 4,084 1,700 175 5,352 9,272 2,086 541,020

New Hampshire (0.1%) Manchester NH General Airport Revenue New Hampshire Health & Education Facilities Authority New Hampshire Health & Education Facilities Authority New Hampshire Health & Education Facilities Authority New Hampshire Health & Education Facilities Authority (Southern New Hampshire Medical Center) New Hampshire Health & Education Facilities Authority (Southern New Hampshire University) New Hampshire Health & Education Facilities Authority (University System of New Hampshire) New Hampshire Health & Education Facilities Authority New Hampshire Municipal Bond Bank Revenue New Hampshire Municipal Bond Bank Revenue New Hampshire Municipal Bond Bank Revenue 3 New Hampshire Municipal Bond Bank Revenue

Revenue (Concord Hospital) Revenue (Concord Hospital) Revenue (Concord Hospital) Revenue

5.000% 5.000% 5.000% 5.000%

1/1/24 10/1/25 10/1/26 10/1/27

6,000 2,140 1,070 1,185

6,794 2,486 1,236 1,363

5.000%

10/1/32

6,000

6,189

5.000%

1/1/27

2,500

2,839

5.500% 6.000% 5.000% 5.000% 5.000% 4.000%

7/1/20 1/1/31 2/15/18 2/15/19 8/15/19 8/15/28

10,000 10,000 1,010 1,010 1,500 1,500

11,105 11,513 1,064 1,101 1,664 1,713

Revenue Revenue Revenue (Wentworth Douglas Hospital)

49,067 New Jersey (3.3%) Atlantic County NJ Improvement Authority Revenue Atlantic County NJ Improvement Authority Revenue Atlantic County NJ Improvement Authority Revenue Bergen County NJ GO Essex County NJ Improvement Authority Revenue Essex County NJ Improvement Authority Revenue Essex County NJ Improvement Authority Revenue Jersey City NJ GO Jersey City NJ GO New Jersey Casino Reinvestment Development Authority Revenue (Hotel Room Fee) New Jersey Casino Reinvestment Development Authority Revenue (Luxury Tax) New Jersey Casino Reinvestment Development Authority Revenue (Luxury Tax) New Jersey Casino Reinvestment Development Authority Revenue (Luxury Tax) New Jersey COP New Jersey COP New Jersey COP New Jersey Economic Development Authority Revenue New Jersey Economic Development Authority Revenue New Jersey Economic Development Authority Revenue New Jersey Economic Development Authority Revenue New Jersey Economic Development Authority Revenue New Jersey Economic Development Authority Revenue (Cigarette Tax) New Jersey Economic Development Authority Revenue (Cigarette Tax) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction)

179

5.000% 5.000% 5.000% 5.000% 5.500% 5.250% 5.250% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.250% 5.250%

9/1/25 9/1/26 9/1/27 10/15/21 10/1/23 12/15/23 12/15/24 3/1/20 3/1/21 1/1/23 11/1/24 11/1/26 11/1/27 6/15/17 6/15/28 6/15/29 6/15/21 6/15/22 6/15/23 6/15/32 6/15/33 6/15/23 6/15/24 12/15/16 12/15/16 12/15/18 9/1/19 12/15/19 12/15/21 12/15/21

(4) (4) (4) (14) (2) (2)

(2) (4) (4) (4)

(ETM)

(Prere.) (12) (14)

4,955 4,685 3,000 2,500 10,000 3,635 3,720 1,610 1,200 3,900 1,000 2,205 2,500 4,840 4,675 1,000 16,500 25,000 4,930 5,000 8,495 12,000 7,500 23,815 14,570 22,500 10,500 17,410 5,000 7,975

5,985 5,713 3,626 2,963 12,464 4,495 4,668 1,781 1,359 3,923 1,156 2,511 2,827 4,956 5,044 1,076 18,148 27,793 5,513 5,634 9,546 13,453 8,348 23,937 14,637 23,958 11,726 18,907 5,780 9,185

Intermediate-Term Tax-Exempt Fund

4

New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) TOB VRDO New Jersey Economic Development Authority Revenue (Provident Group-Montclair Properties LLC - Montclair State University Student Housing New Jersey Economic Development Authority Revenue (Provident Group-Montclair Properties LLC - Montclair State University Student Housing New Jersey Economic Development Authority Revenue (Provident Group-Montclair Properties LLC - Montclair State University Student Housing New Jersey Economic Development Authority Revenue (Provident Group-Montclair Properties LLC - Montclair State University Student Housing New Jersey Educational Facilities Authority Revenue (Kean University) New Jersey Educational Facilities Authority Revenue (Kean University) New Jersey Educational Facilities Authority Revenue (Kean University) New Jersey Educational Facilities Authority Revenue (Kean University) New Jersey Educational Facilities Authority Revenue (Kean University) New Jersey Educational Facilities Authority Revenue (Princeton University) New Jersey Educational Facilities Authority Revenue (Princeton University) New Jersey Educational Facilities Authority Revenue (Princeton University) New Jersey Educational Facilities Authority Revenue (Princeton University) New Jersey Educational Facilities Authority Revenue (University Medical & Dentistry) New Jersey Equipment Lease Purchase COP New Jersey Equipment Lease Purchase COP New Jersey Equipment Lease Purchase COP New Jersey GO New Jersey Health Care Facilities Financing Authority Lease Revenue (Greystone Park Psychiatric Hospital Project) New Jersey Health Care Facilities Financing Authority Lease Revenue (Greystone Park Psychiatric Hospital Project) New Jersey Health Care Facilities Financing Authority Lease Revenue (Greystone Park Psychiatric Hospital Project) New Jersey Health Care Facilities Financing Authority Lease Revenue (Greystone Park Psychiatric Hospital Project) New Jersey Health Care Facilities Financing Authority Lease Revenue (Greystone Park Psychiatric Hospital Project) New Jersey Health Care Facilities Financing Authority Lease Revenue (Marlboro Psychiatric Hospital Project) New Jersey Health Care Facilities Financing Authority Lease Revenue (Marlboro Psychiatric Hospital Project) New Jersey Health Care Facilities Financing Authority Revenue (AHS Hospital Corp.) New Jersey Health Care Facilities Financing Authority Revenue (AHS Hospital Corp.) New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) New Jersey Health Care Facilities Financing Authority Revenue (Hackensack University Medical Center) New Jersey Health Care Facilities Financing Authority Revenue (Hackensack University Medical Center) New Jersey Health Care Facilities Financing Authority Revenue (Hackensack University Medical Center) New Jersey Health Care Facilities Financing Authority Revenue (Hospital Asset Transformation Program) New Jersey Health Care Facilities Financing Authority Revenue (Hospital Asset Transformation Program) New Jersey Health Care Facilities Financing Authority Revenue (Meridian Health System Obligated Group) New Jersey Health Care Facilities Financing Authority Revenue (Meridian Health System Obligated Group) New Jersey Health Care Facilities Financing Authority Revenue (Meridian Health System Obligated Group) New Jersey Health Care Facilities Financing Authority Revenue (Meridian Health System Obligated Group)

180

Face Amount ($000)

Market Value• ($000)

Coupon

Maturity Date

5.000% 5.500% 5.250% 5.000% 5.500% 5.000% 5.500% 5.000% 5.500%

9/1/23 9/1/23 (14) 9/1/24 3/1/25 9/1/25 (4) 3/1/27 9/1/27 (14) 3/1/28 12/15/29

8,690 51,630 1,000 2,985 18,130 4,205 8,000 5,515 5,000

9,436 61,588 1,117 3,300 22,084 4,635 9,841 6,068 5,429

0.750%

11/7/16 (12)

3,065

3,065

Project)

5.000%

6/1/18

2,000

2,088

Project)

5.250%

6/1/19

2,000

2,178

Project)

5.250%

6/1/20

2,000

2,196

Project)

5.375% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 7.125% 5.250% 5.250% 5.375% 5.000%

6/1/25 7/1/24 7/1/25 7/1/26 7/1/28 9/1/29 7/1/19 7/1/20 7/1/21 7/1/27 6/1/19 6/15/20 6/15/21 6/15/29 8/15/20

5,000 2,000 3,000 3,075 2,495 25,170 7,280 8,300 6,785 2,965 6,000 6,180 5,820 11,000 30,000

5,546 2,432 3,679 3,725 2,968 27,584 8,065 9,489 7,982 3,473 6,921 6,647 6,304 11,867 33,694

5.000%

9/15/21

8,140

8,981

5.000%

9/15/24

3,415

3,824

5.000%

9/15/25

12,965

14,543

5.000%

9/15/26

12,505

13,980

5.000%

9/15/28

13,835

15,350

5.000%

9/15/29

2,735

3,023

5.000% 5.000% 5.000%

9/15/33 7/1/17 (ETM) 7/1/17

5,000 8,485 390

5,458 8,727 401

(4) (4) (4) (4)

(Prere.)

4.625%

7/1/21 (Prere.)

3,700

4,279

5.000%

1/1/19

2,610

2,820

5.000%

1/1/20

2,120

2,361

5.000%

1/1/22

1,500

1,655

5.500%

10/1/18 (Prere.)

2,870

3,122

5.500%

10/1/23

9,990

10,695

5.000%

7/1/20

3,000

3,389

5.000%

7/1/21

2,000

2,312

5.000%

7/1/22

2,000

2,365

5.000%

7/1/26

1,000

1,159

Intermediate-Term Tax-Exempt Fund

3 3 3 3 3 3

New Jersey Health Care Facilities Financing Authority Revenue (Palisades Medical Center Obligated Group) New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (St. Barnabas Health Care System) New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Sports & Exposition Authority Revenue New Jersey Sports & Exposition Authority Revenue New Jersey Sports & Exposition Authority Revenue New Jersey Sports & Exposition Authority Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Turnpike Authority Revenue New Jersey Turnpike Authority Revenue New Jersey Turnpike Authority Revenue New Jersey Turnpike Authority Revenue New Jersey Turnpike Authority Revenue New Jersey Turnpike Authority Revenue South Jersey Transportation Authority New Jersey Transportation System Revenue South Jersey Transportation Authority New Jersey Transportation System Revenue South Jersey Transportation Authority New Jersey Transportation System Revenue

181

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000%

7/1/26 7/1/24 7/1/25 7/1/26

5,000 2,000 1,345 1,800

5,747 2,428 1,652 2,233

5.000% 5.000% 5.000% 5.000% 5.750% 4.500% 5.000% 5.000% 4.500% 4.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.250% 5.250% 5.250% 5.750% 5.000% 5.000% 5.000% 5.250% 5.250% 5.250% 5.250% 5.000% 5.750% 5.250% 5.250% 5.500% 5.250% 5.500% 5.500% 5.500% 5.250% 5.250% 5.500% 5.250% 5.750% 5.000% 0.000% 0.000% 0.000% 5.125% 5.500% 5.250% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/29 7/1/24 7/1/25 7/1/27 7/1/33 12/1/20 9/1/17 9/1/17 9/1/18 9/1/24 6/15/24 6/15/24 6/15/27 6/15/28 6/15/28 6/15/29 6/15/20 6/15/22 6/15/23 6/15/24 6/15/25 6/15/27 6/15/28 6/15/29 6/15/33 6/15/34 6/15/17 12/15/17 12/15/18 12/15/19 12/15/19 12/15/19 12/15/19 12/15/19 6/15/20 6/15/20 12/15/20 12/15/20 12/15/20 12/15/21 12/15/21 12/15/21 12/15/21 12/15/22 12/15/22 12/15/22 12/15/23 6/15/24 12/15/24 12/15/25 12/15/25 12/15/27 6/15/28 6/15/31 6/15/32 1/1/21 1/1/22 1/1/25 1/1/32 1/1/32 1/1/33 11/1/16 11/1/16 11/1/23

3,350 2,415 1,535 2,420 20,000 4,195 9,900 100 20 2,035 30,000 10,000 24,475 8,530 25,600 50,610 7,105 2,025 2,500 3,265 6,000 5,000 5,025 5,000 2,500 5,000 1,250 15,000 1,530 7,545 5,000 25,000 1,610 1,540 3,825 9,350 29,395 9,000 30,000 12,100 25,000 3,745 14,375 30,900 3,770 29,000 2,500 25,000 18,240 72,680 1,000 48,285 3,500 17,500 14,250 19,705 4,500 13,000 20,460 3,000 23,540 2,400 5,190 1,320

3,400 2,885 1,846 2,857 22,114 4,413 10,194 104 21 2,105 31,319 11,338 27,664 9,549 26,675 52,695 7,775 2,258 2,808 3,702 6,858 5,774 5,757 5,691 2,801 5,591 1,286 15,608 1,631 8,221 5,485 27,642 1,766 1,689 4,185 10,381 32,676 10,187 34,163 13,611 29,096 4,374 16,341 35,118 4,283 33,348 2,861 30,557 20,772 51,996 715 31,364 3,813 19,631 15,946 21,297 4,860 16,268 23,626 3,459 27,114 2,400 5,190 1,549

(ETM) (Prere.)

(14)

(4) (14) (14) (12) (2)

(14)

(2)

(ETM)

Intermediate-Term Tax-Exempt Fund

Coupon South Jersey Transportation Authority New Jersey Transportation South Jersey Transportation Authority New Jersey Transportation South Jersey Transportation Authority New Jersey Transportation South Jersey Transportation Authority New Jersey Transportation South Jersey Transportation Authority New Jersey Transportation South Jersey Transportation Authority New Jersey Transportation South Jersey Transportation Authority New Jersey Transportation South Jersey Transportation Authority New Jersey Transportation South Jersey Transportation Authority New Jersey Transportation Sussex County NJ GO Sussex County NJ GO Tobacco Settlement Financing Corp. New Jersey Revenue Tobacco Settlement Financing Corp. New Jersey Revenue Tobacco Settlement Financing Corp. New Jersey Revenue Tobacco Settlement Financing Corp. New Jersey Revenue Tobacco Settlement Financing Corp. New Jersey Revenue Tobacco Settlement Financing Corp. New Jersey Revenue West Deptford Township NJ GO West Deptford Township NJ GO West Deptford Township NJ GO

System System System System System System System System System

Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.500% 4.625% 0.000% 5.000% 5.000% 5.000%

Maturity Date 11/1/23 11/1/24 11/1/28 11/1/28 11/1/29 11/1/30 11/1/31 11/1/32 11/1/34 2/15/23 2/15/24 6/1/17 6/1/18 6/1/19 6/1/23 6/1/26 6/1/41 7/1/24 (4) 7/1/25 (4) 7/1/26 (4)

Face Amount ($000)

Market Value• ($000)

2,430 2,800 2,000 1,205 1,500 1,000 1,170 1,000 1,000 5,485 4,356 15,925 16,975 30,805 50,587 28,410 243,000 1,210 1,260 1,000

2,795 3,198 2,241 1,394 1,728 1,145 1,333 1,134 1,127 6,655 5,383 16,321 17,388 31,511 51,294 28,537 64,638 1,242 1,293 1,026 1,729,103

New Mexico (0.3%) Albuquerque NM GO Farmington NM Pollution Control Revenue (Southern California Edison Co. Four Corners Project) PUT Farmington NM Pollution Control Revenue (Southern California Edison Co. Four Corners Project) PUT New Mexico Educational Assistance Foundation Revenue New Mexico Educational Assistance Foundation Revenue New Mexico Educational Assistance Foundation Revenue New Mexico Educational Assistance Foundation Revenue New Mexico Finance Authority Transportation Revenue New Mexico GO New Mexico Hospital Equipment Loan Council Hospital System (Presbyterian Healthcare Services) New Mexico Hospital Equipment Loan Council Hospital System (Presbyterian Healthcare Services) New Mexico Hospital Equipment Loan Council Hospital System (Presbyterian Healthcare Services) New Mexico Hospital Equipment Loan Council Hospital System (Presbyterian Healthcare Services) New Mexico Hospital Equipment Loan Council Hospital System (Presbyterian Healthcare Services) New Mexico Hospital Equipment Loan Council Hospital System (Presbyterian Healthcare Services) New Mexico Hospital Equipment Loan Council Hospital System (Presbyterian Healthcare Services) New Mexico Hospital Equipment Loan Council Hospital System (Presbyterian Healthcare Services)

5.000%

7/1/24

4,615

5,737

1.875%

4/1/20

16,000

16,236

1.875% 4.000% 4.000% 5.000% 4.000% 5.000% 5.000%

4/1/20 9/1/18 9/1/19 12/1/19 12/1/20 12/15/16 3/1/23

35,000 16,440 5,990 1,500 1,500 7,260 15,925

35,470 17,348 6,476 1,677 1,663 7,299 19,381

5.000%

8/1/24

900

1,107

5.000%

8/1/25

1,000

1,245

5.000%

8/1/26

1,025

1,264

5.000%

8/1/27

1,435

1,756

5.000%

8/1/29

3,000

3,609

5.000%

8/1/30

3,000

3,591

5.000%

8/1/31

3,685

4,386

5.000%

8/1/32

2,500

Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue 2,960 131,205

New York (15.5%) Amherst NY Development Corp. Student Housing Facility Revenue Amherst NY Development Corp. Student Housing Facility Revenue Amherst NY Development Corp. Student Housing Facility Revenue Brooklyn NY Local Development Corp. PILOT Revenue (Barclays Center Project) Dutchess County NY Local Development Corp. Revenue (Health Quest Systems Dutchess County NY Local Development Corp. Revenue (Health Quest Systems Dutchess County NY Local Development Corp. Revenue (Health Quest Systems Dutchess County NY Local Development Corp. Revenue (Health Quest Systems Dutchess County NY Local Development Corp. Revenue (Health Quest Systems Dutchess County NY Local Development Corp. Revenue (Health Quest Systems Dutchess County NY Local Development Corp. Revenue (Health Quest Systems Erie County NY Industrial Development Agency School Facility Revenue (Buffalo City School District Project) Erie County NY Industrial Development Agency School Facility Revenue (Buffalo City School District Project) Erie County NY Industrial Development Agency School Facility Revenue (Buffalo City School District Project)

Inc. Inc. Inc. Inc. Inc. Inc. Inc.

Project) Project) Project) Project) Project) Project) Project)

182

3.500% 4.000% 4.000% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

10/1/19 10/1/21 10/1/22 1/15/20 (Prere.) 7/1/24 7/1/24 7/1/25 7/1/25 7/1/26 7/1/26 7/1/28

1,185 2,575 2,680 6,735 1,240 1,850 1,310 4,190 1,395 4,695 5,470

1,256 2,800 2,903 7,773 1,514 2,258 1,620 5,180 1,736 5,843 6,675

5.250%

5/1/26

6,775

7,946

5.250%

5/1/27

8,560

10,022

5.250%

5/1/29

6,315

7,379

Intermediate-Term Tax-Exempt Fund

1

Erie County NY Industrial Development Agency School Facility Revenue (Buffalo City School District Project) Freeport NY GO Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue PUT Monroe County NY Industrial Development Agency School Facility Revenue (Rochester Schools Modernization Project) Monroe County NY Industrial Development Corp. Mortgage Revenue (Unity Hospital Rochester Project) Nassau County NY GO Nassau County NY GO Nassau County NY GO Nassau County NY GO Nassau County NY Local Economic Assistance & Financing Corp. Revenue (Winthrop University Hospital Association Project) Nassau County NY Local Economic Assistance Corp. Revenue (Catholic Health Services of Long Island Obligated Group Project) Nassau County NY Local Economic Assistance Corp. Revenue (Catholic Health Services of Long Island Obligated Group Project) New York City NY Build NYC Resource Corp. Revenue (New York Law School Project) New York City NY Build NYC Resource Corp. Revenue (New York Law School Project) New York City NY Build NYC Resource Corp. Revenue (New York Law School Project) New York City NY Build NYC Resource Corp. Revenue (The Chapin School Project) New York City NY Build NYC Resource Corp. Revenue (The Chapin School Project) New York City NY Build NYC Resource Corp. Revenue (The Chapin School Project) New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO

183

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.750% 5.500% 5.000% 5.000% 1.019%

5/1/31 1/15/20 12/1/16 12/1/16 12/1/16 12/1/18 4/1/19 5/1/19 4/1/23 9/1/29 11/1/18

2,500 2,070 1,265 2,510 70 390 20,000 28,235 5,800 10,000 18,650

2,887 2,314 1,270 2,519 70 391 22,260 31,357 6,219 11,666 18,672

5.000%

5/1/20

3,500

3,955

5.500% 5.000% 4.000% 5.000% 4.000%

8/15/23 4/1/22 10/1/22 4/1/23 10/1/23

2,335 14,850 8,755 15,665 5,245

2,345 17,462 9,580 18,771 5,717

5.000%

7/1/21

2,605

2,974

5.000%

7/1/25

1,350

1,607

5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.450% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000%

7/1/27 7/1/24 7/1/25 7/1/26 11/1/19 11/1/26 11/1/26 2/1/17 8/1/17 8/1/17 8/1/17 8/1/17 8/1/17 8/1/17 10/1/17 8/1/18 8/15/18 4/1/19 6/1/19 8/1/19 8/1/19 8/1/19 8/1/19 8/1/19 8/1/19 8/1/20 8/1/20 8/1/20 8/1/20 8/1/20 8/1/20 9/1/20 10/1/20 2/1/21 3/1/21 8/1/21 8/1/21 8/1/21 8/1/21 8/1/21 8/1/21 8/1/21 9/1/21 10/1/21 8/1/22

3,090 3,245 3,485 3,660 4,000 4,000 3,500 8,425 1,000 8,950 1,095 115 1,555 7,610 590 5,000 2,130 6,310 8,675 12,130 17,870 5,000 32,000 4,500 3,100 32,355 6,060 5,000 14,000 3,895 8,445 8,815 855 3,875 4,255 5 9,600 5,000 10,000 59,135 4,000 15,750 14,250 7,545 2,500

3,613 3,860 4,181 4,442 4,462 4,735 4,463 8,514 1,025 9,239 1,130 119 1,604 7,855 613 5,352 2,296 6,986 9,545 12,505 19,770 5,532 35,402 4,978 3,430 35,784 6,901 5,694 15,943 4,015 8,704 9,521 887 3,915 4,662 5 9,903 5,846 11,692 65,368 4,677 17,951 15,389 8,863 2,994

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(Prere.)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

Coupon

1

New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New

York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York

City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City City

NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY

GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO GO

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.030% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.450% 4.000% 5.000% 4.000% 5.000% 5.000% 4.000% 0.500% 0.500% 0.500% 0.500% 0.520% 0.520% 0.520% 0.530%

VRDO VRDO VRDO VRDO VRDO VRDO VRDO VRDO

184

Maturity Date 8/1/22 8/1/22 8/1/22 8/1/22 8/1/22 8/1/22 8/1/22 8/15/22 8/1/23 8/1/23 8/1/23 8/1/23 8/1/23 8/1/23 8/15/23 10/1/23 4/1/24 8/1/24 8/1/24 8/1/24 8/1/24 8/1/24 8/15/24 10/1/24 10/1/24 8/1/25 8/1/25 8/1/25 8/1/25 8/1/25 10/1/25 4/1/26 4/1/26 8/1/26 8/1/26 8/1/26 10/1/26 4/1/27 8/1/27 8/1/27 8/1/27 8/1/27 10/1/27 8/1/28 8/1/28 8/1/28 3/1/29 5/15/29 8/1/29 3/1/30 8/1/30 8/1/30 8/1/30 8/1/30 3/1/31 4/1/31 8/1/31 10/1/31 8/1/32 8/1/32 8/1/33 8/1/35 11/1/16 11/1/16 11/1/16 LOC 11/1/16 11/1/16 LOC 11/1/16 LOC 11/1/16 11/1/16

Face Amount ($000)

Market Value• ($000)

32,000 6,400 7,415 5,955 6,740 18,475 6,020 25,250 5,650 2,000 3,690 7,740 3,905 11,000 21,820 4,430 17,335 20,000 8,085 16,990 4,000 5,310 23,815 5,000 4,500 3,300 10,000 3,630 15,500 5,000 10,985 10,000 3,590 9,735 14,215 5,000 23,890 14,780 16,500 6,585 4,705 20,000 15,000 18,500 18,000 9,300 27,590 7,900 9,715 16,230 10,655 23,000 5,380 6,845 33,315 250 30,000 34,050 5,000 1,475 5,000 15,000 9,930 22,700 22,500 30,000 6,400 4,100 10,300 3,230

35,355 7,664 8,880 6,142 8,071 21,064 6,856 27,211 6,902 2,209 4,516 9,473 4,770 13,176 23,506 5,327 20,565 24,630 9,215 21,094 4,784 6,206 25,647 5,867 5,404 3,888 12,576 4,565 19,493 5,966 13,161 11,816 3,917 11,833 17,278 5,958 28,588 17,445 16,492 7,974 5,530 25,168 17,924 23,026 21,126 11,243 32,902 8,638 11,642 19,267 12,686 26,708 6,439 8,150 39,180 275 33,459 39,713 5,536 1,713 5,869 16,326 9,930 22,700 22,500 30,000 6,400 4,100 10,300 3,230

Intermediate-Term Tax-Exempt Fund

New York City NY Health & Hospital Corp. Revenue (Health System) New York City NY Health & Hospital Corp. Revenue (Health System) New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue New York City NY Housing Development Corp. Multi-Family Housing Revenue PUT New York City NY Housing Development Corp. Multi-Family Mortgage Revenue (8 Spruce Street) New York City NY Industrial Development Agency Civic Facility Revenue (Civil Liberties Union) VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Sales Tax Asset Receivable Corp. Revenue New York City NY Sales Tax Asset Receivable Corp. Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue

185

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.250% 5.250% 5.250% 2.950% 3.000%

2/15/24 2/15/30 7/1/26 7/1/28 7/1/29 7/1/30 2/1/26 2/15/48

3,500 19,200 12,940 17,300 22,000 12,500 34,510 9,000

3,921 21,127 15,414 20,626 26,147 14,784 35,862 9,198

0.520% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.500% 0.500% 0.500% 0.500% 0.520% 0.520% 0.520% 0.530% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.250% 5.250% 5.250% 5.125% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/16 6/15/18 6/15/26 6/15/26 6/15/29 6/15/29 6/15/29 6/15/29 6/15/30 6/15/31 6/15/31 6/15/31 6/15/32 6/15/32 6/15/34 6/15/35 11/1/16 11/1/16 11/1/16 11/1/16 11/1/16 11/1/16 11/1/16 11/1/16 10/15/24 10/15/28 1/15/17 7/15/17 1/15/19 1/15/23 1/15/24 1/15/25 1/15/25 7/15/25 1/15/26 1/15/26 1/15/26 1/15/27 1/15/28 7/15/28 1/15/29 7/15/29 1/15/30 7/15/30 7/15/30 7/15/31 7/15/31 7/15/31 7/15/32 7/15/32 7/15/33 7/15/34 7/15/34 7/15/35 11/1/17 11/1/17 11/1/17 11/1/18 11/1/18 11/1/18 5/1/19

6,990 500 35,000 25,880 4,500 41,500 3,080 5,000 10,000 24,500 9,000 30,000 17,500 5,545 50,000 10,415 15,450 15,100 10,100 45,855 4,500 4,650 15,210 5,300 15,830 6,000 5,150 6,335 3,875 4,440 7,040 10,170 13,090 10,085 7,620 10,520 8,185 4,615 3,465 11,000 3,550 5,000 9,500 5,000 9,000 18,000 6,000 5,270 5,000 3,950 10,000 10,000 10,000 10,000 8,965 12,000 4,580 6,500 15,000 5,000 2,695

6,990 533 40,963 30,289 5,094 48,509 3,282 6,098 11,277 28,580 10,150 35,058 20,295 6,430 59,361 12,395 15,450 15,100 10,100 45,855 4,500 4,650 15,210 5,300 19,961 7,482 5,196 6,525 4,212 4,831 7,659 10,257 14,309 12,722 7,685 11,497 8,945 5,043 3,776 13,551 3,722 6,109 10,298 6,073 10,947 20,744 7,015 6,350 5,994 4,611 11,936 11,867 11,890 11,845 9,346 12,510 4,679 7,026 16,214 5,405 2,963

LOC (Prere.)

(14)

(14)

(Prere.)

Intermediate-Term Tax-Exempt Fund

4

New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue TOB VRDO New York City NY Transitional Finance Authority Future Tax Revenue VRDO New York City NY Transitional Finance Authority Future Tax Revenue VRDO New York City NY Trust for Cultural Resources Revenue (Lincoln Center for the Performing Arts Inc.) New York City NY Trust for Cultural Resources Revenue (Museum of Modern Art) New York City NY Trust for Cultural Resources Revenue (Wildlife Conservation Society) New York Liberty Development Corp. Revenue New York Liberty Development Corp. Revenue (7 World Trade Center Project) New York Liberty Development Corp. Revenue (Goldman Sachs Headquarters) New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue

186

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.620% 0.500% 0.520%

11/1/19 11/1/19 11/1/19 11/1/20 11/1/20 11/1/21 11/1/21 5/1/22 5/1/23 11/1/23 2/1/24 11/1/24 11/1/24 11/1/24 11/1/24 11/1/24 11/1/24 11/1/24 11/1/24 11/1/24 2/1/25 11/1/25 11/1/25 11/1/25 2/1/26 2/1/26 11/1/26 11/1/26 11/1/26 11/1/27 11/1/27 2/1/28 2/1/28 8/1/28 11/1/28 5/1/29 5/1/30 2/1/31 5/1/31 11/1/31 11/1/31 2/1/32 8/1/32 11/1/32 11/1/32 2/1/33 8/1/33 11/1/33 8/1/34 11/1/34 11/1/34 8/1/35 11/1/35 8/1/36 11/1/36 11/1/16 11/1/16 11/1/16

3,570 9,835 2,535 6,000 13,500 30,000 16,030 8,395 16,740 14,000 6,000 20,000 1,985 12,220 6,000 15,550 1,000 14,245 13,770 10,030 4,285 5,000 5,000 5,500 10,290 10,795 2,635 8,620 8,255 1,435 4,000 25,675 10,000 5,000 7,000 12,000 10,000 8,000 19,000 8,000 24,475 12,700 13,750 4,270 16,500 17,500 12,150 13,700 15,910 11,150 27,325 22,020 13,290 3,000 4,000 10,030 52,100 13,800

3,992 10,999 2,835 6,917 15,564 33,571 18,983 9,233 20,365 17,218 6,934 24,982 2,479 15,264 7,068 18,317 1,178 17,433 17,286 12,591 4,944 5,879 5,879 6,467 11,855 12,436 3,093 10,117 9,567 1,683 4,691 29,522 11,772 6,137 8,700 14,348 11,207 9,165 22,290 9,754 28,608 14,911 16,675 5,068 19,286 20,536 14,725 16,445 19,219 13,295 32,498 26,582 15,835 3,558 4,762 10,030 52,100 13,800

7,600 9,500 5,270 13,200 14,000 19,640 10,000 2,685 1,975 23,500 34,225

8,247 11,276 6,274 15,137 16,378 24,837 10,436 2,802 2,133 26,194 39,155

5.250% 4.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.750% 5.000% 5.000%

12/1/18 4/1/26 8/1/33 11/15/31 9/15/31 10/1/35 11/15/17 (Prere.) 11/15/17 (Prere.) 7/1/18 11/15/19 11/15/20

Intermediate-Term Tax-Exempt Fund

1 1

New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New

York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York

Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan Metropolitan

Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation

Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority

Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue

(Dedicated Petroleum Tax) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Dedicated Tax Fund) (Hudson Yards Development) (Hudson Yards Development) (Service Contract) (Transit Revenue) (Transit Revenue) (Transit Revenue) (Transit Revenue) (Transit Revenue) (Transit Revenue) PUT

187

Coupon

Maturity Date

5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.250% 5.000% 5.250% 5.000% 5.000% 5.000% 5.250% 5.250% 4.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.000% 1.380% 1.580% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.125% 5.125% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.750% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000%

11/15/21 11/15/21 11/15/22 11/15/23 11/15/23 11/15/23 11/15/24 11/15/24 11/15/24 11/15/24 11/15/25 11/15/25 11/15/25 11/15/25 11/15/26 11/15/26 11/15/26 11/15/26 11/15/27 11/15/27 11/15/27 11/15/27 11/15/27 11/15/28 11/15/28 11/15/28 11/15/29 11/15/29 11/15/30 11/15/30 11/15/30 11/15/30 11/15/30 11/15/31 11/15/31 11/15/31 11/15/31 11/15/32 11/15/32 11/15/33 11/15/33 11/15/34 4/1/20 11/1/17 11/1/19 11/15/25 11/15/25 11/15/26 11/15/26 11/15/27 11/15/27 11/15/28 11/15/28 11/15/29 11/15/30 11/15/32 11/15/33 11/15/34 11/15/35 11/15/36 11/15/36 11/15/46 11/15/51 1/1/17 11/15/17 11/15/18 11/15/21 11/15/26 11/15/28 11/15/19

(4)

(ETM)

(14) (Prere.)

Face Amount ($000)

Market Value• ($000)

19,000 15,900 8,385 6,800 5,000 6,550 2,250 2,525 10,000 6,505 1,500 10,000 1,330 31,000 3,000 15,000 2,300 5,355 3,885 1,500 3,850 1,695 22,625 15,000 20,500 9,000 13,635 20,730 10,260 12,125 12,735 24,500 5,500 8,000 8,500 5,500 7,000 5,480 12,705 13,055 5,000 19,605 20,300 18,000 8,000 6,125 10,360 7,245 10,910 11,530 11,415 2,000 10,500 11,500 15,000 6,500 10,900 11,445 10,020 59,700 12,610 4,600 4,600 1,615 5,000 13,245 5,000 2,500 2,000 8,040

22,251 19,186 10,035 7,091 6,094 7,898 2,387 2,633 12,288 7,829 1,753 11,689 1,596 37,229 3,183 17,534 2,750 6,411 4,121 1,620 4,500 2,020 26,243 17,882 25,048 10,439 16,229 24,045 12,163 14,148 15,097 28,386 6,762 8,883 10,077 6,415 8,328 6,384 14,802 15,218 5,897 22,788 22,263 18,042 8,076 7,212 12,198 8,507 12,811 13,508 13,373 2,346 12,315 14,568 18,900 7,877 13,155 13,757 11,996 71,529 15,109 5,013 5,124 1,629 5,218 13,862 5,008 2,993 2,384 8,938

Intermediate-Term Tax-Exempt Fund

1 1 1

4

2

2

New York Metropolitan Transportation Authority Revenue PUT New York Metropolitan Transportation Authority Revenue PUT New York Metropolitan Transportation Authority Revenue PUT New York Metropolitan Transportation Authority Revenue PUT New York Metropolitan Transportation Authority Revenue TOB VRDO New York Metropolitan Transportation Authority Revenue VRDO New York State Dormitory Authority Lease Revenue (Mental Health Services Facilities) New York State Dormitory Authority Lease Revenue (Mental Health Services Facilities) New York State Dormitory Authority Lease Revenue (State University Dormitory Facilities) New York State Dormitory Authority Lease Revenue (State University Dormitory Facilities) New York State Dormitory Authority Lease Revenue (State University Dormitory Facilities) New York State Dormitory Authority Lease Revenue (State University Dormitory Facilities) New York State Dormitory Authority Lease Revenue (State University Dormitory Facilities) New York State Dormitory Authority Revenue (City University System) New York State Dormitory Authority Revenue (City University System) New York State Dormitory Authority Revenue (City University System) New York State Dormitory Authority Revenue (City University System) New York State Dormitory Authority Revenue (City University System) New York State Dormitory Authority Revenue (City University System) New York State Dormitory Authority Revenue (Columbia University) New York State Dormitory Authority Revenue (Department of Health) New York State Dormitory Authority Revenue (Department of Health) New York State Dormitory Authority Revenue (Department of Health) New York State Dormitory Authority Revenue (Department of Health) New York State Dormitory Authority Revenue (Fordham University) New York State Dormitory Authority Revenue (Fordham University) New York State Dormitory Authority Revenue (Fordham University) New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) New York State Dormitory Authority Revenue (Memorial Sloan-Kettering Cancer Center) New York State Dormitory Authority Revenue (Memorial Sloan-Kettering Cancer Center) New York State Dormitory Authority Revenue (Memorial Sloan-Kettering Cancer Center) New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) New York State Dormitory Authority Revenue (Mount Sinai Hospital Obligated Group) New York State Dormitory Authority Revenue (Mount Sinai School of Medicine of New York University) New York State Dormitory Authority Revenue (Mount Sinai School of Medicine of New York University) New York State Dormitory Authority Revenue (Mount Sinai School of Medicine of New York University) New York State Dormitory Authority Revenue (Mount Sinai School of Medicine of New York University) New York State Dormitory Authority Revenue (New York University Hospitals Center) New York State Dormitory Authority Revenue (New York University) New York State Dormitory Authority Revenue (New York University) New York State Dormitory Authority Revenue (New York University) New York State Dormitory Authority Revenue (New York University) New York State Dormitory Authority Revenue (New York University) New York State Dormitory Authority Revenue (New York University) New York State Dormitory Authority Revenue (New York University) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax)

188

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

1.053% 1.193% 0.990% 5.000% 0.780% 0.490% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.125% 5.200% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/16 11/1/17 11/15/17 2/15/20 11/7/16 11/1/16 8/15/21 8/15/22 7/1/24 7/1/28 7/1/29 7/1/29 7/1/30 7/1/18 7/1/19 7/1/20 7/1/21 7/1/22 7/1/25 10/1/21 7/1/18 7/1/19 7/1/20 7/1/21 7/1/28 7/1/29 7/1/30 7/1/24 7/1/28 7/1/29 7/1/30 7/1/32 7/1/26 7/1/29 7/1/30 2/15/17 8/15/18 8/15/18 2/15/19 2/15/19 2/15/19 8/15/20 8/15/20 2/15/25 7/1/26

12,500 8,765 31,200 18,000 26,885 33,505 10,000 2,000 2,000 3,925 2,320 2,125 4,330 2,570 430 215 4,785 5,340 6,100 19,375 4,885 4,000 6,485 3,500 1,070 1,625 1,200 9,345 6,500 10,000 4,500 12,000 1,500 1,000 1,000 5 2,520 2,865 5,030 3,195 135 10 13,280 215 3,500

12,500 8,774 31,167 20,109 26,885 33,505 11,432 2,272 2,328 4,427 2,684 2,401 4,893 2,746 459 245 5,435 6,044 6,893 22,961 5,210 4,411 7,361 4,076 1,245 1,896 1,400 11,332 7,770 11,822 5,289 13,978 1,757 1,158 1,153 5 2,705 3,075 5,396 3,232 145 11 15,146 230 3,927

LOC

(Prere.) (Prere.)

(Prere.) (Prere.) (Prere.) (4) (4) (ETM)

5.000%

7/1/17 (Prere.)

8,000

8,228

5.000%

7/1/17 (Prere.)

3,300

3,394

5.000%

7/1/17 (Prere.)

4,000

4,114

1,500 3,000 2,000 1,700 3,445 5,130 4,000 10,000 9,000 5,000 2,565 33,000 34,650 5,790 36,270 12,145 3,075 15,000

1,692 3,736 2,137 1,915 3,803 6,496 5,127 12,087 10,870 5,026 2,606 34,881 36,625 6,120 39,351 13,245 3,363 16,817

5.000% 5.000% 5.000% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/21 7/1/25 7/1/18 7/1/19 7/1/22 7/1/25 7/1/26 7/1/35 7/1/36 12/15/16 3/15/17 3/15/18 3/15/18 3/15/18 12/15/18 2/15/19 3/15/19 12/15/19

(Prere.) (14)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New

York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York

State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State

Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory Dormitory

Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority Authority

Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue

(Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (Personal Income Tax) (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (School Districts Financing (Service Contract) (Service Contract)

Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program) Program)

189

Coupon

Maturity Date

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/15/20 2/15/20 12/15/20 2/15/21 2/15/21 2/15/22 2/15/22 2/15/22 2/15/22 3/15/22 3/15/23 2/15/24 2/15/24 2/15/25 3/15/25 2/15/26 2/15/26 2/15/26 2/15/26 3/15/26 3/15/26 12/15/26 2/15/27 2/15/27 3/15/27 3/15/27 3/15/28 3/15/28 3/15/28 3/15/28 2/15/29 3/15/29 2/15/30 2/15/30 2/15/30 3/15/30 3/15/30 3/15/31 2/15/32 2/15/33 3/15/33 3/15/34 10/1/19 10/1/19 10/1/19 10/1/20 10/1/21 10/1/21 10/1/22 10/1/22 10/1/22 10/1/23 10/1/23 10/1/23 10/1/24 10/1/24 10/1/24 10/1/25 10/1/25 10/1/25 10/1/26 10/1/26 10/1/26 10/1/27 10/1/27 10/1/28 10/1/28 10/1/29 7/1/18 7/1/20

(Prere.)

(Prere.) (Prere.) (Prere.) (2)

(12)

(4)

(4)

(4)

(4)

(4) (4) (4)

Face Amount ($000)

Market Value• ($000)

20 37,000 8,000 12,060 36,430 920 3,835 1,340 33,415 7,000 8,500 4,695 35,885 8,500 20,000 19,540 30,480 39,000 10,000 17,630 2,585 10,300 20,000 10,035 15,000 30,650 11,580 2,875 20,000 25,000 10,000 25,000 18,905 10,000 1,000 32,000 20,740 17,240 7,500 1,070 10,135 36,795 10,000 2,500 3,475 10,000 1,250 750 16,355 7,000 500 19,435 1,000 1,250 6,290 1,500 1,000 7,595 1,000 1,000 4,500 1,500 750 400 500 200 425 500 11,570 6,815

23 41,558 9,213 13,590 42,076 1,099 4,581 1,601 39,510 8,491 10,274 5,559 44,015 10,577 24,914 23,022 38,065 49,061 12,338 20,467 3,001 12,395 24,770 12,289 18,604 35,565 14,255 3,131 21,779 28,997 12,073 28,974 22,089 12,010 1,117 36,975 24,953 20,149 8,738 1,244 11,811 44,102 11,132 2,779 3,868 11,470 1,472 878 19,296 7,981 602 22,811 1,208 1,499 7,465 1,799 1,191 8,952 1,188 1,182 5,174 1,839 881 467 584 231 493 578 12,327 7,518

Intermediate-Term Tax-Exempt Fund

New York State Dormitory Authority Revenue (Service Contract) New York State Dormitory Authority Revenue (Service Contract) New York State Dormitory Authority Revenue (State University Educational Facilities) New York State Dormitory Authority Revenue (State University Educational Facilities) New York State Dormitory Authority Revenue (State University Educational Facilities) New York State Dormitory Authority Revenue (State University Educational Facilities) New York State Dormitory Authority Revenue (State University Educational Facilities) New York State Dormitory Authority Sales Tax Revenue New York State Dormitory Authority Sales Tax Revenue New York State Dormitory Authority Sales Tax Revenue New York State Dormitory Authority Sales Tax Revenue New York State Dormitory Authority Sales Tax Revenue New York State Dormitory Authority Sales Tax Revenue New York State Dormitory Authority Sales Tax Revenue New York State Dormitory Authority Sales Tax Revenue New York State Dormitory Authority Sales Tax Revenue New York State Dormitory Authority Sales Tax Revenue New York State Dormitory Authority Sales Tax Revenue New York State Energy Research & Development Authority Pollution Control Revenue (Consolidated Edison Co. of New York Inc. Project) New York State Energy Research & Development Authority Pollution Control Revenue (Consolidated Edison Co. of New York Inc. Project) New York State Energy Research & Development Authority Pollution Control Revenue (Consolidated Edison Co. of New York Inc. Project) New York State Energy Research & Development Authority Pollution Control Revenue (Niagara Mohawk Corp.) New York State Energy Research & Development Authority Pollution Control Revenue (Niagara Mohawk Corp.) New York State Energy Research & Development Authority Pollution Control Revenue (Niagara Mohawk Corp.) New York State Environmental Facilities Corp. Revenue (Personal Income Tax) New York State Environmental Facilities Corp. Revenue (Personal Income Tax) New York State Environmental Facilities Corp. Revenue (Personal Income Tax) New York State Environmental Facilities Corp. Revenue (Personal Income Tax) New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Revolving Funds) New York State GO New York State GO New York State GO New York State GO New York State GO New York State Local Government Assistance Corp. Revenue

190

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/21 7/1/22 5/15/19 5/15/22 5/15/28 5/15/29 5/15/30 3/15/18 3/15/19 3/15/20 3/15/21 3/15/22 3/15/22 3/15/23 3/15/24 3/15/25 3/15/34 3/15/35

17,750 3,050 3,000 9,200 10,865 3,000 1,000 4,465 4,800 15,275 16,000 19,505 43,155 2,650 20,500 35,000 27,610 32,000

19,576 3,362 3,301 10,987 12,770 3,534 1,179 4,716 5,251 17,254 18,609 23,278 51,503 3,230 25,453 44,158 33,291 38,442

1.365%

5/1/32 (10)

21,325

19,406

1.365%

5/1/32 (10)

3,050

2,776

1.365%

5/1/32 (10)

12,025

10,943

1.336%

7/1/29 (10)

1,590

1,534

1.328%

3/1/27 (2)

1,320

1,274

7,900 7,170 15,795 70 155

7,624 7,829 17,247 76 169

1.335% 5.250% 5.250% 5.250% 5.250%

12/1/25 (2) 12/15/18 (Prere.) 12/15/18 (Prere.) 12/15/24 12/15/25

5.000%

6/15/19

4,000

4,425

5.000%

6/15/27

10,000

11,679

5.000%

6/15/27

5,000

6,113

5.000%

6/15/28

11,460

13,384

5.000%

6/15/29

17,830

20,824

5.000%

6/15/30

26,230

30,521

5.000%

6/15/31

3,670

4,270

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.500% 4.500% 4.500% 5.000% 5.000% 5.500%

6/15/33 5/15/21 5/15/21 5/15/21 5/15/21 5/15/21 5/15/21 5/15/21 11/15/23 11/15/24 11/15/25 11/15/27 11/15/28 11/15/29 11/15/30 2/1/17 2/1/18 2/1/19 2/1/30 2/15/30 4/1/17

12,515 5 5 5 5 10 5 5 3,785 3,470 6,030 3,345 6,150 5,315 1,835 14,125 24,735 10,670 3,000 20,000 2,410

15,284 6 6 6 6 12 6 6 4,420 4,051 7,036 3,901 7,167 6,181 2,130 14,265 25,890 11,535 3,353 23,154 2,455

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(4)

Intermediate-Term Tax-Exempt Fund

New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New New

York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York York

State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State State

Local Government Assistance Corp. Revenue Local Government Assistance Corp. Revenue Thruway Authority Revenue Thruway Authority Revenue Thruway Authority Revenue Thruway Authority Revenue Thruway Authority Revenue Thruway Authority Revenue Thruway Authority Revenue Thruway Authority Revenue Thruway Authority Revenue Thruway Authority Revenue (Highway & Bridge Trust Fund) Thruway Authority Revenue (Highway & Bridge Trust Fund) Thruway Authority Revenue (Highway & Bridge Trust Fund) Thruway Authority Revenue (Highway & Bridge Trust Fund) Thruway Authority Revenue (Highway & Bridge Trust Fund) Thruway Authority Revenue (Highway & Bridge Trust Fund) Thruway Authority Revenue (Highway & Bridge Trust Fund) Thruway Authority Revenue (Highway & Bridge Trust Fund) Thruway Authority Revenue (Highway & Bridge Trust Fund) Thruway Authority Revenue (Highway & Bridge Trust Fund) Thruway Authority Revenue (Highway & Bridge Trust Fund) Thruway Authority Revenue (Highway & Bridge Trust Fund) Thruway Authority Revenue (Highway & Bridge Trust Fund) Thruway Authority Revenue (Personal Income Tax) Thruway Authority Revenue (Personal Income Tax) Thruway Authority Revenue (Personal Income Tax) Thruway Authority Revenue (Personal Income Tax) Thruway Authority Revenue (Second Generation Highway & Bridge Trust Fund) Urban Development Corp. Revenue Urban Development Corp. Revenue Urban Development Corp. Revenue Urban Development Corp. Revenue Urban Development Corp. Revenue Urban Development Corp. Revenue Urban Development Corp. Revenue Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Personal Income Tax) Urban Development Corp. Revenue (Service Contract) Urban Development Corp. Revenue (Service Contract) Urban Development Corp. Revenue (Service Contract) Urban Development Corp. Revenue (Service Contract) Urban Development Corp. Revenue (Service Contract)

191

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.250% 4.375% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000%

4/1/17 4/1/19 5/1/19 1/1/20 1/1/21 1/1/22 1/1/29 1/1/31 1/1/34 1/1/35 1/1/36 4/1/17 4/1/17 10/1/17 4/1/18 10/1/18 4/1/20 4/1/20 4/1/23 4/1/25 4/1/27 4/1/27 4/1/28 4/1/30 9/15/17 9/15/18 3/15/21 3/15/29 4/1/22 1/1/17 1/1/18 1/1/22 3/15/22 12/15/22 12/15/23 1/1/26 12/15/17 3/15/18 3/15/18 12/15/18 3/15/19 12/15/19 3/15/20 12/15/20 3/15/21 12/15/21 3/15/22 3/15/22 3/15/23 12/15/23 3/15/24 3/15/25 3/15/26 3/15/26 3/15/26 3/15/28 3/15/30 3/15/31 3/15/31 3/15/31 3/15/31 3/15/33 3/15/33 3/15/34 3/15/35 1/1/18 1/1/18 1/1/19 1/1/19 1/1/20

600 6,640 12,270 8,940 8,000 10,000 21,195 7,000 4,000 3,000 4,000 6,650 5,650 11,395 13,260 4,745 9,890 5,655 8,515 4,500 21,600 7,000 13,505 27,175 7,115 19,395 5,495 7,000 22,710 12,000 36,140 7,500 9,020 2,000 2,615 7,910 4,955 1,775 27,000 20,000 4,185 40,760 10,000 36,240 10,000 18,310 18,695 21,000 11,150 2,225 35,500 52,210 40,000 18,425 18,425 6,950 14,910 28,030 30,000 10,000 16,000 28,000 30,890 30,000 21,620 8,000 24,275 3,625 7,050 8,165

612 7,283 13,466 9,369 8,383 10,477 24,617 8,089 4,732 3,536 4,696 6,768 5,751 11,842 14,042 5,116 11,100 6,095 9,342 4,937 24,932 7,680 15,576 31,200 7,397 20,891 5,921 7,619 25,637 12,091 37,977 8,041 9,722 2,175 2,844 8,443 5,193 1,875 28,514 21,699 4,577 45,697 11,260 40,603 11,805 20,508 22,151 25,472 13,477 2,327 43,606 65,074 49,434 23,298 21,390 7,568 17,262 33,351 36,439 11,555 19,037 33,149 36,570 35,960 25,839 8,384 25,439 3,936 7,411 9,156

(14) (14) (14)

(Prere.) (Prere.) (Prere.) (Prere.)

(Prere.) (Prere.)

(Prere.)

(14)

(14)

(4)

Intermediate-Term Tax-Exempt Fund

4

New York State Urban Development Corp. Revenue (Service Contract) New York State Urban Development Corp. Revenue (Service Contract) New York State Urban Development Corp. Revenue (Service Contract) Niagara NY Area Development Corp. Revenue (Niagara University Project) Niagara NY Area Development Corp. Revenue (Niagara University Project) Niagara NY Area Development Corp. Revenue (Niagara University Project) Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue TOB VRDO Port Authority of New York & New Jersey Special Obligation Revenue (John F. Kennedy International Air Terminal LLC) Suffolk County NY GO Syracuse NY Industrial Development Agency Civic Facility Revenue (Syracuse University Project) VRDO Tobacco Settlement Financing Corp. New York Revenue Tobacco Settlement Financing Corp. New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue United Nations Development Corp. New York Revenue Utility Debt Securitization Authority New York Revenue Utility Debt Securitization Authority New York Revenue Utility Debt Securitization Authority New York Revenue Utility Debt Securitization Authority New York Revenue Utility Debt Securitization Authority New York Revenue Utility Debt Securitization Authority New York Revenue Utility Debt Securitization Authority New York Revenue Utility Debt Securitization Authority New York Revenue Westchester County NY GO Westchester County NY GO Westchester County NY GO Westchester County NY Health Care Corp. Revenue Westchester County NY Health Care Corp. Revenue Westchester County NY Health Care Corp. Revenue Westchester County NY Local Development Corp. Revenue (Westchester Medical Center) Westchester County NY Local Development Corp. Revenue (Westchester Medical Center) Westchester County NY Local Development Corp. Revenue (Westchester Medical Center)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 0.670%

1/1/21 1/1/22 1/1/25 5/1/17 5/1/18 5/1/19 9/1/27 7/15/30 10/15/31 9/1/33 10/15/35 11/7/16

11,345 5,120 15,000 250 280 350 1,250 18,635 27,175 1,000 7,000 1,220

12,745 5,746 16,074 255 294 379 1,543 21,761 33,156 1,196 8,390 1,220

25,000 9,280

25,742 10,697

4,375 1,645 5,000 2,000 4,550 11,000 15,000 24,975 15,000 15,000 7,415 14,900 8,350 2,045 3,460 6,065 8,215 7,200 33,000 5,140 20,825 24,860 15,000 38,500 50,905 30,000 240 11,740 335 870 1,935 130 2,600 2,375 2,965

3,927 1,651 5,118 2,003 4,841 13,597 18,838 26,947 17,617 17,576 8,010 18,171 10,143 2,449 4,144 7,339 9,823 7,901 40,229 6,208 25,408 30,336 18,232 46,516 61,365 36,083 282 13,799 394 1,035 2,164 148 2,988 2,719 3,384

6.500% 5.000% 0.595% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.000% 5.000% 6.000% 5.000% 5.000% 5.000%

12/1/28 5/15/21 (4) 12/1/29 6/1/22 6/1/22 11/15/16 5/15/18 11/15/23 11/15/24 11/15/25 1/1/26 1/1/28 11/15/30 11/15/33 11/15/34 11/15/35 11/15/35 11/15/35 11/15/36 7/1/21 12/15/29 12/15/31 12/15/32 12/15/33 12/15/34 12/15/34 12/15/35 12/15/36 7/1/21 7/1/21 7/1/21 11/1/20 11/1/30 11/1/30 11/1/31 11/1/32 11/1/33

(2)

(Prere.)

(ETM) (ETM) (Prere.)

8,185,072 North Carolina (1.3%) Buncombe County NC Limited Obligation Revenue Buncombe County NC Limited Obligation Revenue Cabarrus County NC Installment Financing Contract Revenue Cabarrus County NC Installment Financing Contract Revenue Cabarrus County NC Installment Financing Contract Revenue Cabarrus County NC Installment Financing Contract Revenue Cape Fear NC Public Utility Authority Water & Sewer System Cape Fear NC Public Utility Authority Water & Sewer System Cape Fear NC Public Utility Authority Water & Sewer System Cape Fear NC Public Utility Authority Water & Sewer System Cape Fear NC Public Utility Authority Water & Sewer System Cape Fear NC Public Utility Authority Water & Sewer System Charlotte NC GO Charlotte NC GO Charlotte NC GO Charlotte NC GO

5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

Revenue Revenue Revenue Revenue Revenue Revenue

192

6/1/19 6/1/20 4/1/18 4/1/19 4/1/20 4/1/21 8/1/18 8/1/20 8/1/25 8/1/26 8/1/28 8/1/29 8/1/18 12/1/19 7/1/22 7/1/23

2,515 5,280 650 500 1,810 1,310 2,400 3,350 2,500 2,765 1,800 1,750 4,270 7,780 3,280 3,355

2,769 5,991 678 547 2,045 1,521 2,572 3,828 3,155 3,290 2,261 2,181 4,578 8,727 3,948 4,020

Intermediate-Term Tax-Exempt Fund

3 3 3 3

Durham Capital Financing Corp. North Carolina Limited Obligation Revenue Durham County NC GO Durham County NC GO Durham County NC GO Durham County NC GO Greensboro NC GO Guilford County NC GO Guilford County NC GO Mecklenburg County NC COP Mecklenburg County NC COP Mecklenburg County NC COP Mecklenburg County NC COP Mecklenburg County NC GO Mecklenburg County NC GO Mecklenburg County NC GO Mecklenburg County NC GO New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) North Carolina Capital Facilities Financial Solid Waste Disposal Revenue (Duke Energy) North Carolina Capital Improvement Revenue North Carolina Capital Improvement Revenue North Carolina Capital Improvement Revenue North Carolina Capital Improvement Revenue North Carolina Capital Improvement Revenue North Carolina Capital Improvement Revenue North Carolina Eastern Municipal Power Agency Power Systems Revenue North Carolina Eastern Municipal Power Agency Power Systems Revenue North Carolina GAN North Carolina GAN North Carolina GAN North Carolina GAN North Carolina GAN North Carolina GAN PUT North Carolina GO North Carolina GO North Carolina GO North Carolina GO North Carolina GO North Carolina GO North Carolina GO North Carolina GO North Carolina GO North Carolina GO North Carolina Infrastructure Financial Corp. Capital Improvements COP North Carolina Infrastructure Financial Corp. Capital Improvements COP North Carolina Medical Care Commission Health Care Facilities Revenue (Cape Fear Valley Health System) North Carolina Medical Care Commission Health Care Facilities Revenue (Cape Fear Valley Health System) North Carolina Medical Care Commission Health Care Facilities Revenue (Novant Health Obligated Group) North Carolina Medical Care Commission Health Care Facilities Revenue (Vidant Health) North Carolina Medical Care Commission Health Care Facilities Revenue (Vidant Health) North Carolina Medical Care Commission Health Care Facilities Revenue (WakeMed) North Carolina Medical Care Commission Health System Revenue (Mission Health System Inc.) North Carolina Medical Care Commission Health System Revenue (Mission Health System Inc.) North Carolina Medical Care Commission Health System Revenue (Mission Health System Inc.) North Carolina Medical Care Commission Health System Revenue (Mission Health System Inc.) North Carolina Medical Care Commission Hospital Revenue (North Carolina Baptist Hospital) North Carolina Medical Care Commission Hospital Revenue (North Carolina Baptist Hospital) North Carolina Medical Care Commission Hospital Revenue (North Carolina Baptist Hospital) North Carolina Medical Care Commission Hospital Revenue (Southeastern Regional Medical Center) North Carolina Medical Care Commission Hospital Revenue (Southeastern Regional Medical Center) North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) North Carolina Revenue

193

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.375% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/1/33 10/1/22 10/1/23 10/1/27 10/1/28 2/1/23 2/1/21 3/1/22 2/1/19 2/1/19 2/1/19 2/1/19 2/1/17 3/1/17 3/1/19 2/1/21 10/1/27 10/1/31 5/1/17 5/1/19 5/1/20 5/1/21 5/1/27 5/1/29 1/1/19 1/1/19 3/1/21 3/1/24 3/1/25 3/1/27 3/1/29 3/1/18 3/1/17 3/1/17 3/1/17 5/1/18 6/1/19 6/1/19 5/1/23 6/1/24 6/1/25 6/1/26 2/1/17 2/1/18

3,210 5,020 5,105 8,160 1,945 2,420 5,000 3,220 2,500 3,390 1,200 1,000 3,635 1,000 3,715 1,120 9,900 4,250 11,115 15,500 15,385 13,495 30,510 28,585 22,510 3,000 2,060 13,000 19,100 5,955 15,000 11,000 700 9,300 1,925 11,900 14,515 5,000 39,470 9,260 9,640 9,875 10,000 9,675

3,782 6,086 6,314 10,460 2,466 2,951 5,812 3,848 2,711 3,695 1,308 1,090 3,675 1,015 4,058 1,302 10,904 4,640 11,355 17,027 17,442 15,722 34,208 32,071 24,409 3,291 2,374 15,894 23,572 7,203 17,884 11,263 710 9,432 1,953 12,641 16,021 5,519 45,844 11,608 12,272 12,742 10,105 9,777

5.000%

10/1/21

8,610

9,892

5.000%

10/1/22

9,155

10,690

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/30 6/1/28 6/1/29 10/1/31 10/1/28 10/1/29 10/1/31 10/1/32 6/1/20 6/1/21 6/1/22

2,435 1,250 2,000 12,500 1,050 1,000 1,000 1,800 1,375 5,000 5,000

2,704 1,501 2,384 14,273 1,263 1,195 1,181 2,113 1,550 5,629 5,623

5.000%

6/1/23

1,825

2,108

5.000% 5.250% 5.250% 5.250% 5.000% 5.000% 5.000%

6/1/25 1/1/18 1/1/18 1/1/18 1/1/19 1/1/30 11/1/19

1,035 5,000 3,085 2,000 3,205 1,295 5,000

1,180 5,257 3,242 2,102 3,475 1,396 5,585

(Prere.) (Prere.) (Prere.) (Prere.)

(Prere.) (4)

(Prere.) (Prere.)

(Prere.) (Prere.)

(Prere.) (4)

(ETM) (Prere.) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

Coupon

3 3

3

3 3

North Carolina State University at Raleigh General Revenue University of North Carolina University System Revenue University of North Carolina University System Revenue Wake County NC GO Wake County NC GO Wake County NC GO Wake County NC GO Wake County NC GO Wake County NC GO Wake County NC GO Wake County NC Limited Obligation Revenue Wake County NC Limited Obligation Revenue Wake County NC Public Improvement GO

5.000% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

Maturity Date 10/1/25 10/1/19 (Prere.) 10/1/19 (Prere.) 3/1/18 3/1/19 2/1/20 3/1/20 3/1/21 3/1/22 3/1/23 6/1/19 (Prere.) 12/1/20 9/1/21

Face Amount ($000)

Market Value• ($000)

2,655 1,590 1,720 3,455 4,500 7,500 9,340 5,125 18,150 18,730 3,000 6,380 2,400

3,242 1,785 1,931 3,647 4,924 8,458 10,561 5,971 21,712 22,896 3,306 7,357 2,835 693,535

North Dakota (0.0%) Burleigh County ND Health Care Revenue (St. Alexis Medical Center Project) Burleigh County ND Health Care Revenue (St. Alexis Medical Center Project) Burleigh County ND Health Care Revenue (St. Alexis Medical Center Project)

5.000% 5.000% 5.000%

7/1/21 (Prere.) 7/1/21 (Prere.) 7/1/21 (Prere.)

1,500 1,000 1,300

1,756 1,170 1,522 4,448

Ohio (2.2%) Akron OH Bath & Copley Joint Township Hospital District Revenue (Children’s Hospital Medical Center of Akron) Akron OH Income Tax Revenue (Community Learning Centers) Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) 4 Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) TOB VRDO American Municipal Power Ohio Inc. Revenue American Municipal Power Ohio Inc. Revenue American Municipal Power Ohio Inc. Revenue American Municipal Power Ohio Inc. Revenue American Municipal Power Ohio Inc. Revenue American Municipal Power Ohio Inc. Revenue American Municipal Power Ohio Inc. Revenue American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) PUT Cincinnati OH City School District GO Cincinnati OH City School District GO Cincinnati OH City School District GO Cincinnati OH City School District GO Cincinnati OH City School District GO Cleveland OH Airport System Revenue Cleveland OH Airport System Revenue Cleveland OH GO Cleveland OH GO Cleveland OH Income Tax Revenue Cleveland OH Income Tax Revenue Cleveland OH Income Tax Revenue Cleveland OH Municipal School District GO Cleveland OH Municipal School District GO Cleveland OH Public Power System Revenue Cleveland OH Public Power System Revenue Cleveland OH Public Power System Revenue Cleveland OH Public Power System Revenue Cleveland OH Public Power System Revenue Cleveland OH Public Power System Revenue Cleveland OH Public Power System Revenue Cleveland OH Public Power System Revenue Cleveland OH Public Power System Revenue

194

5.000% 5.000% 5.000% 5.250% 0.720% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 5.250% 5.000% 5.250% 5.000% 5.000% 5.250% 5.250% 5.000% 4.000% 4.000% 4.000% 5.250% 5.000% 5.000% 5.250% 5.250% 5.250% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/15/32 12/1/27 9/1/17 9/1/27 11/7/16 2/15/17 2/15/17 2/15/18 2/15/18 2/15/24 2/15/25 2/15/28 2/15/23 2/15/29 2/15/31 2/15/32 2/15/18 2/15/19 2/15/20 2/15/30 2/15/31 2/15/32 2/15/18 2/15/19 8/15/19 12/1/20 6/1/21 12/1/21 6/1/22 12/1/22 1/1/23 1/1/24 12/1/18 12/1/19 10/1/28 10/1/29 10/1/30 12/1/26 12/1/27 11/15/16 11/15/16 11/15/16 11/15/16 11/15/16 11/15/20 11/15/21 11/15/22 11/15/23

(ETM) (Prere.) (Prere.)

(Prere.) (Prere.) (14) (14) (14) (4) (4)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (14) (14) (14) (14)

7,500 5,830 14,645 30,000 5,160 3,885 2,885 1,500 16,520 11,430 10,000 1,035 2,375 6,120 9,145 13,480 16,000 13,050 10,310 1,825 1,565 1,850 2,100 5,000 7,000 7,000 3,810 5,710 3,180 10,000 1,510 1,075 1,000 1,780 5,005 4,800 10,020 1,660 1,000 3,780 2,365 3,900 7,300 3,875 2,135 3,555 6,765 3,630

8,419 6,896 15,127 34,035 5,160 3,933 2,920 1,584 17,451 12,714 11,106 1,086 2,795 7,199 10,520 15,456 16,876 14,271 11,570 1,995 1,699 1,997 2,218 5,448 7,607 8,118 4,340 6,801 3,613 12,189 1,784 1,288 1,082 1,988 6,039 5,760 11,953 1,979 1,187 3,786 2,369 3,907 7,312 3,881 2,143 3,568 6,789 3,643

Intermediate-Term Tax-Exempt Fund

3

4

Cleveland OH Public Power System Revenue Cleveland OH Water Revenue Cleveland OH Water Revenue Cleveland OH Water Revenue Cleveland State University Ohio General Receipts Revenue Cleveland State University Ohio General Receipts Revenue Cleveland State University Ohio General Receipts Revenue Cleveland State University Ohio General Receipts Revenue Cleveland-Cuyahoga County OH Port Authority Revenue (Euclid Avenue Development Corp. Project) Cleveland-Cuyahoga County OH Port Authority Revenue (Euclid Avenue Development Corp. Project) Columbus OH City School District GO Columbus OH City School District GO Columbus OH City School District GO Columbus OH City School District School Facilities Construction & Improvement GO Columbus OH City School District School Facilities Construction & Improvement GO Columbus OH GO Columbus OH GO Columbus OH GO Columbus OH GO Columbus OH GO Columbus OH GO Columbus OH GO Columbus OH Metropolitan Library Special Obligation Revenue Columbus OH Sewer Revenue Columbus OH Sewer Revenue Columbus OH Sewer Revenue Cuyahoga County OH Economic Development Revenue (Med Mart/Convention Center Project) Cuyahoga County OH Economic Development Revenue (Med Mart/Convention Center Project) Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) Cuyahoga County OH GO Cuyahoga County OH Sales Tax Revenue Cuyahoga County OH Sales Tax Revenue Cuyahoga County OH Sales Tax Revenue Cuyahoga OH Community College District Revenue Cuyahoga OH Community College District Revenue Cuyahoga OH Community College District Revenue Dayton OH City School District GO Dayton OH City School District GO Fairfield County OH Hospital Facilities Revenue (Fairfield Medical Center) Franklin County OH Convention Facilities Authority Revenue Franklin County OH Convention Facilities Authority Revenue Franklin County OH Convention Facilities Authority Revenue Franklin County OH Convention Facilities Authority Revenue Franklin County OH Convention Facilities Authority Revenue Franklin County OH Convention Facilities Authority Revenue Franklin County OH Convention Facilities Authority Revenue Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) TOB VRDO Hamilton County OH Healthcare Revenue (Life Enriching Communities) Hamilton County OH Healthcare Revenue (Life Enriching Communities) Hamilton County OH Healthcare Revenue (Life Enriching Communities) Hamilton County OH Sales Tax Revenue Hamilton County OH Sales Tax Revenue Hamilton County OH Sales Tax Revenue Hamilton County OH Sales Tax Revenue Hamilton County OH Sales Tax Revenue Hamilton County OH Sales Tax Revenue Hamilton County OH Sales Tax Revenue Hamilton County OH Sales Tax Revenue Huber Heights OH City School District GO Huber Heights OH City School District GO Huber Heights OH City School District GO Huber Heights OH City School District GO Kent State University Ohio Revenue Kent State University Ohio Revenue Kent State University Ohio Revenue Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.)

195

Coupon

Maturity Date

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/15/24 (14) 1/1/23 1/1/25 1/1/26 6/1/29 6/1/30 6/1/31 6/1/32

Face Amount ($000)

Market Value• ($000)

3,570 2,400 2,500 2,250 5,000 5,225 8,640 9,060

3,583 2,825 2,928 2,622 5,721 6,015 9,947 10,369

5.000%

8/1/31

3,175

3,667

5.000% 4.000% 0.000% 0.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.125% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.750% 4.875% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

8/1/32 12/1/17 12/1/27 12/1/29 12/1/16 12/1/19 2/15/21 2/15/22 7/1/24 8/15/24 7/1/25 7/1/26 2/15/28 12/1/20 6/1/29 6/1/30 6/1/32 12/1/20 12/1/21 12/1/26 12/1/19 12/1/26 12/1/28 12/1/29 2/1/20 2/1/20 2/1/20 11/1/21 11/1/22 6/15/33 12/1/20 12/1/28 12/1/29 12/1/30 12/1/31 12/1/32 12/1/33 11/7/16 1/1/25 1/1/26 1/1/31 12/1/18 12/1/19 12/1/23 12/1/23 12/1/24 12/1/25 12/1/26 12/1/31 12/1/19 12/1/19 12/1/19 12/1/19 5/1/29 5/1/30 5/1/31 8/15/25 8/15/26 8/15/28

3,340 1,000 14,060 11,170 6,000 2,000 7,190 3,000 5,655 10,295 15,095 19,795 7,435 1,325 12,000 10,250 3,400 7,000 7,300 1,500 2,120 1,500 2,000 3,715 2,500 3,470 6,610 9,210 5,500 11,000 6,000 7,000 5,000 8,640 10,000 10,000 10,000 4,500 1,125 700 1,500 7,950 22,380 18,515 3,250 3,300 3,000 3,000 1,500 890 150 1,000 1,000 1,000 1,750 4,000 2,675 1,170 2,255

3,841 1,033 10,555 7,778 6,021 2,143 8,360 3,572 7,076 12,910 19,142 25,433 9,474 1,530 14,928 12,618 4,153 8,022 8,328 1,796 2,374 1,848 2,435 4,492 2,811 3,902 7,432 10,817 6,598 12,171 6,875 8,510 6,037 10,415 11,997 11,940 11,892 4,500 1,305 811 1,674 7,978 22,458 18,580 3,974 4,085 3,736 3,761 1,657 991 168 1,121 1,121 1,146 2,004 4,566 3,240 1,406 2,664

(4) (4) (4)

(Prere.)

(Prere.) (Prere.) (Prere.)

(2) (2) (2)

(Prere.) (Prere.) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

4

Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) Lorain County OH Hospital Facilities Revenue (Catholic Healthcare Partners) Lorain County OH Hospital Facilities Revenue (Catholic Healthcare Partners) Lorain County OH Hospital Facilities Revenue (Catholic Healthcare Partners) Lorain County OH Hospital Facilities Revenue (Catholic Healthcare Partners) Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) Miami University of Ohio General Receipts Revenue Ohio Building Authority Revenue (Administration Building Fund) Ohio Building Authority Revenue (Administration Building Fund) Ohio Building Authority Revenue (Adult Correctional Building) Ohio Building Authority Revenue (Adult Correctional Building) Ohio Capital Facilities Lease-Appropriation Revenue (Mental Health Facilities Improvement Fund Projects) Ohio Common Schools GO Ohio Common Schools GO Ohio GO Ohio GO Ohio GO Ohio Higher Educational Facility Commission Revenue (Cleveland Clinic Health System Obligated Group) Ohio Higher Educational Facility Commission Revenue (Cleveland Clinic Health System Obligated Group) VRDO Ohio Higher Educational Facility Commission Revenue (Denison University Project) Ohio Higher Educational Facility Commission Revenue (Denison University Project) Ohio Higher Educational Facility Commission Revenue (Denison University Project) Ohio Higher Educational Facility Commission Revenue (Oberlin College Project) Ohio Higher Educational Facility Commission Revenue (University of Dayton Project) Ohio Highway Capital Improvements GO Ohio Highway Capital Improvements GO Ohio Hospital Revenue (Cleveland Clinic Health System Obligated Group) Ohio Hospital Revenue (Cleveland Clinic Health System Obligated Group) Ohio Housing Finance Agency Residential Mortgage Revenue Ohio Major New State Infrastructure Project Revenue Ohio Major New State Infrastructure Project Revenue Ohio Major New State Infrastructure Project Revenue Ohio Major New State Infrastructure Project Revenue Ohio Major New State Infrastructure Project Revenue Ohio Parks & Recreation Capital Facilities Revenue Ohio Parks & Recreation Capital Facilities Revenue Ohio Parks & Recreation Capital Facilities Revenue Ohio State University General Receipts Revenue Ohio State University General Receipts Revenue Ohio State University General Receipts Revenue Ohio State University General Receipts Revenue Ohio Turnpike Commission Turnpike Revenue Ohio Turnpike Commission Turnpike Revenue Ohio Turnpike Commission Turnpike Revenue Ohio Turnpike Commission Turnpike Revenue Ohio Turnpike Commission Turnpike Revenue Ohio Water Development Authority Drinking Water Assistance Fund Revenue Ohio Water Development Authority Drinking Water Assistance Fund Revenue Ohio Water Development Authority Drinking Water Assistance Fund Revenue Ohio Water Development Authority Fresh Water Revenue Ohio Water Development Authority Fresh Water Revenue TOB VRDO Ohio Water Development Authority Pollution Control Revenue (Water Quality) Ohio Water Development Authority Water Pollution Control Loan Fund Revenue Ohio Water Development Authority Water Pollution Control Loan Fund Revenue Ohio Water Development Authority Water Pollution Control Loan Fund Revenue Penta Career Center Ohio COP Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) University of Akron Ohio General Receipts Revenue University of Akron Ohio General Receipts Revenue University of Akron Ohio General Receipts Revenue University of Akron Ohio General Receipts Revenue University of Akron Ohio General Receipts Revenue

196

Face Amount ($000)

Market Value• ($000)

1,745 6,600 6,600 7,300 7,300 11,920 6,000 2,000 1,975 5,000 5,565 1,475

2,042 6,712 6,712 7,682 7,682 13,737 7,111 2,308 2,164 5,568 5,671 1,688

Coupon

Maturity Date

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.750% 5.000% 5.000% 5.000% 5.250% 5.125%

8/15/29 4/1/17 4/1/17 4/1/18 4/1/18 11/15/26 11/15/31 9/1/31 4/1/19 10/1/19 4/1/17 4/1/30

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/1/23 9/15/19 6/15/20 9/15/19 4/1/21 9/15/24

2,075 9,655 7,730 9,025 4,440 12,500

2,496 10,739 8,810 10,052 5,142 15,609

5.000%

1/1/29

4,500

5,210

0.470% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.125% 6.125% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.250% 5.000% 5.000% 5.250% 5.250% 5.000% 0.730% 5.000% 5.250% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/16 11/1/17 11/1/17 11/1/26 10/1/19 12/1/16 5/1/19 5/1/27 1/1/27 1/1/28 9/1/28 6/15/18 12/15/22 12/15/23 12/15/23 12/15/24 2/1/27 2/1/28 2/1/29 12/1/18 12/1/19 12/1/20 12/1/26 2/15/20 2/15/22 2/15/28 2/15/29 2/15/31 6/1/18 12/1/19 12/1/20 12/1/18 11/7/16 6/1/24 6/1/18 12/1/19 6/1/21 4/1/23 2/15/17 2/15/18 2/15/18 2/15/18 2/15/18 1/1/23 1/1/24 1/1/25 1/1/26 1/1/27

4,635 980 1,880 3,020 24,015 2,500 5,000 10,220 9,330 11,670 1,130 4,000 5,235 3,250 4,000 4,000 3,150 3,310 3,475 250 215 3,535 2,250 9,000 1,750 2,000 3,000 7,195 3,585 5,775 5,570 3,000 5,870 3,325 5,635 5,000 9,160 2,480 3,350 3,520 3,195 3,680 17,000 8,010 3,335 2,500 2,000 2,000

4,635 1,022 1,960 3,141 26,725 2,509 5,504 12,076 10,084 12,636 1,175 4,299 6,307 3,869 4,901 4,958 3,829 4,000 4,163 271 241 3,950 2,438 10,271 1,966 2,371 3,584 7,989 3,819 6,529 6,496 3,255 5,870 4,139 6,027 5,615 10,741 2,901 3,391 3,708 3,365 3,876 18,014 8,926 3,714 2,783 2,224 2,222

(4) (4) (4) (4)

(Prere.)

(Prere.) (Prere.)

(Prere.)

(Prere.)

(Prere.) (Prere.)

(14)

(Prere.)

(ETM) (ETM) (Prere.) (Prere.) (Prere.) (4) (4) (4) (4) (4)

Intermediate-Term Tax-Exempt Fund

Coupon University University University University University

of of of of of

Akron Ohio General Receipts Revenue Akron Ohio General Receipts Revenue Cincinnati Ohio General Receipts Revenue Cincinnati Ohio General Receipts Revenue Cincinnati Ohio General Receipts Revenue

5.000% 5.000% 5.000% 5.000% 5.000%

Maturity Date 1/1/28 (4) 1/1/31 6/1/22 6/1/29 6/1/30

Face Amount ($000)

Market Value• ($000)

2,500 2,175 2,455 6,385 1,000

2,776 2,527 2,930 7,493 1,165 1,159,998

Oklahoma (0.3%) 3 Grand River Dam Authority Oklahoma Revenue 3 Grand River Dam Authority Oklahoma Revenue Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue 3 Norman OK Regional Hospital Authority Revenue Oklahoma Capitol Improvement Authority Facilities Revenue Oklahoma Capitol Improvement Authority Facilities Revenue Oklahoma Capitol Improvement Authority Facilities Revenue Oklahoma Capitol Improvement Authority Facilities Revenue Oklahoma Capitol Improvement Authority Facilities Revenue Oklahoma Capitol Improvement Authority Facilities Revenue Oklahoma Capitol Improvement Authority Facilities Revenue Oklahoma Capitol Improvement Authority Facilities Revenue Oklahoma City OK GO Oklahoma City OK Water Utilities Trust Water & Sewer Revenue Oklahoma City OK Water Utilities Trust Water & Sewer Revenue Oklahoma City OK Water Utilities Trust Water & Sewer Revenue Oklahoma Development Finance Authority Health System Revenue (Integris Health Obligated Group) Oklahoma Development Finance Authority Health System Revenue (Integris Health Obligated Group) Oklahoma Development Finance Authority Health System Revenue (Integris Health Obligated Group) Oklahoma Development Finance Authority Health System Revenue (Integris Health Obligated Group) Oklahoma Development Finance Authority Health System Revenue (Integris Health Obligated Group) Oklahoma Development Finance Authority Health System Revenue (Integris Health Obligated Group) Oklahoma Municipal Power Authority Power Supply System Revenue Oklahoma Municipal Power Authority Power Supply System Revenue Oklahoma Municipal Power Authority Power Supply System Revenue Oklahoma Municipal Power Authority Power Supply System Revenue Oklahoma Municipal Power Authority Power Supply System Revenue Oklahoma Turnpike Authority Revenue Oklahoma Turnpike Authority Revenue Tulsa County OK Industrial Authority Educational Facilities Lease Revenue Tulsa County OK Industrial Authority Educational Facilities Lease Revenue University of Oklahoma Revenue University of Oklahoma Revenue University of Oklahoma Revenue University of Oklahoma Revenue

5.000% 5.000% 0.719% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/1/20 6/1/28 9/1/22 (14) 9/1/17 9/1/18 9/1/19 9/1/20 9/1/21 9/1/22 9/1/23 9/1/24 9/1/24 9/1/25 9/1/25 9/1/26 9/1/26 9/1/27 9/1/27 9/1/28 9/1/29 9/1/30 9/1/31 7/1/23 7/1/24 7/1/25 7/1/26 7/1/27 7/1/28 7/1/29 7/1/30 3/1/17 7/1/23 7/1/31 7/1/32

4,000 7,500 10,350 1,055 755 795 835 880 925 970 1,020 5,000 3,500 1,075 3,555 1,130 1,185 2,100 2,000 1,310 1,380 1,450 2,500 1,500 3,000 2,500 3,000 2,000 2,500 2,500 7,335 1,500 4,255 5,000

4,527 9,256 9,664 1,062 781 842 902 967 1,030 1,089 1,151 5,939 4,159 1,212 4,233 1,274 1,334 2,481 2,342 1,452 1,521 1,589 3,035 1,848 3,675 3,055 3,634 2,413 2,997 2,982 7,442 1,841 5,086 5,963

12,100

12,979

5.000%

8/15/18 (Prere.)

5.000%

8/15/25

2,000

2,485

5.000%

8/15/26

1,000

1,233

5.000%

8/15/27

1,750

2,141

5.000%

8/15/28

1,750

2,124

5.000% 5.875% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

8/15/29 1/1/18 (Prere.) 1/1/29 1/1/32 1/1/33 1/1/33 1/1/17 1/1/27 9/1/24 9/1/25 7/1/29 7/1/30 7/1/31 7/1/32

1,750 1,045 350 3,770 6,055 1,500 7,000 1,160 3,500 6,175 1,895 2,230 2,000 670

2,111 1,106 421 4,447 7,113 1,764 7,051 1,331 4,274 7,627 2,192 2,559 2,295 769 168,800

197

Intermediate-Term Tax-Exempt Fund

Oregon (0.8%) Eugene OR Electric Utility System Revenue Forest Grove OR Campus Improvement Revenue (Pacific University Project) Forest Grove OR Campus Improvement Revenue (Pacific University Project) Multnomah County OR School District GO Multnomah County OR School District GO Multnomah County OR School District GO Oregon Department of Administrative Services COP Oregon Department of Administrative Services COP Oregon Department of Administrative Services COP Oregon Department of Administrative Services COP Oregon Department of Administrative Services COP Oregon Department of Administrative Services COP Oregon Department of Administrative Services COP Oregon Department of Administrative Services Lottery Revenue Oregon Department of Administrative Services Lottery Revenue Oregon Department of Administrative Services Lottery Revenue Oregon Department of Administrative Services Lottery Revenue Oregon Department of Administrative Services Lottery Revenue Oregon Department of Administrative Services Lottery Revenue Oregon Department of Administrative Services Lottery Revenue Oregon Department of Administrative Services Lottery Revenue Oregon Department of Administrative Services Lottery Revenue Oregon Department of Administrative Services Lottery Revenue Oregon Department of Administrative Services Lottery Revenue Oregon Department of Administrative Services Lottery Revenue Oregon Department of Administrative Services Lottery Revenue Oregon Department of Administrative Services Lottery Revenue Oregon Department of Transportation Highway User Tax Revenue Oregon Department of Transportation Highway User Tax Revenue Oregon Department of Transportation Highway User Tax Revenue Oregon Department of Transportation Highway User Tax Revenue Oregon Department of Transportation Highway User Tax Revenue Oregon Facilities Authority Revenue (Legacy Health Project) Oregon Facilities Authority Revenue (Legacy Health Project) 3 Oregon Facilities Authority Revenue (Legacy Health Project) 3 Oregon Facilities Authority Revenue (Legacy Health Project) Oregon Facilities Authority Revenue (PeaceHealth) Oregon Facilities Authority Revenue (PeaceHealth) Oregon Facilities Authority Revenue (PeaceHealth) Oregon Facilities Authority Revenue (PeaceHealth) Oregon Facilities Authority Revenue (PeaceHealth) Oregon Facilities Authority Revenue (PeaceHealth) 3 Oregon Facilities Authority Revenue (Samaritan Health Services Project) 3 Oregon Facilities Authority Revenue (Samaritan Health Services Project) Oregon Facilities Authority Revenue (University of Portland) Oregon Facilities Authority Revenue (University of Portland) Oregon Facilities Authority Revenue (University of Portland) Oregon Facilities Authority Revenue (University of Portland) Oregon Facilities Authority Revenue (University of Portland) Oregon Facilities Authority Revenue (University of Portland) Oregon Facilities Authority Revenue (University of Portland) Oregon Facilities Authority Revenue (University of Portland) Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO (Oregon University System Projects)

198

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250%

8/1/25 5/1/30 5/1/36 6/15/19 6/15/20 6/15/21 5/1/19 5/1/19 5/1/19 5/1/19 11/1/19 11/1/19 11/1/20 4/1/17 4/1/23 4/1/23 4/1/23 4/1/23 4/1/24 4/1/25 4/1/25 4/1/25 4/1/29 4/1/31 4/1/31 4/1/32 4/1/33 11/15/24 11/15/27 11/15/28 11/15/29 11/15/30 5/1/20 5/1/21 6/1/32 6/1/33 11/15/22 11/15/23 11/15/26 11/15/27 11/15/28 11/15/29 10/1/27 10/1/28 4/1/27 4/1/29 4/1/30 4/1/31 4/1/32 4/1/33 4/1/34 4/1/35 5/1/18 11/1/18 5/1/19 5/1/21 5/1/21 5/1/21 5/1/21 5/1/21 5/1/21 5/1/21 5/1/21 5/1/21 5/1/21 5/1/31 5/1/32 11/1/32 8/1/28

1,440 550 2,500 18,000 21,515 36,255 3,130 1,750 2,220 3,520 2,000 4,310 5,350 5,675 3,500 2,110 1,430 6,355 7,000 5,440 2,130 8,015 8,000 11,010 6,200 5,560 5,545 3,000 2,000 5,500 9,500 2,500 7,610 7,500 4,000 4,000 1,000 1,250 1,810 2,000 2,500 1,420 2,725 3,965 595 750 700 700 1,000 1,100 1,280 1,200 1,500 3,750 2,770 1,570 2,415 5,165 5,685 3,370 1,490 2,460 2,755 2,890 1,760 2,915 2,060 1,440 1,650

1,817 642 2,853 19,870 24,506 42,454 3,436 1,921 2,437 3,864 2,231 4,818 5,969 5,776 4,269 2,574 1,744 7,751 8,695 6,837 2,610 9,819 9,788 12,961 7,170 6,512 6,484 3,773 2,482 6,771 11,635 3,052 8,643 8,755 4,697 4,675 1,204 1,534 2,190 2,407 2,986 1,688 3,221 4,644 718 889 824 819 1,165 1,278 1,484 1,387 1,593 4,057 3,049 1,834 2,822 6,035 6,642 3,937 1,741 2,874 3,219 3,377 2,056 3,473 2,449 1,731 1,950

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

Oregon GO (Oregon University System Projects) Oregon GO (Oregon University System Projects) Oregon GO (Oregon University System Projects) Oregon GO (Oregon University System Projects) Oregon GO (Oregon University System Projects) Port of Portland OR International Airport Revenue Port of Portland OR International Airport Revenue Port of Portland OR International Airport Revenue Port of Portland OR International Airport Revenue Portland OR Sewer System Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.250% 5.250% 5.250% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000%

8/1/28 8/1/29 8/1/30 8/1/30 8/1/31 7/1/29 7/1/30 7/1/32 7/1/34 6/1/20

2,585 2,725 2,050 2,865 3,015 1,650 1,000 1,065 3,000 43,210

3,055 3,179 2,407 3,364 3,532 2,011 1,209 1,271 3,543 49,208 418,347

Pennsylvania (4.8%) Allegheny County PA GO Allegheny County PA GO Allegheny County PA GO Allegheny County PA GO Allegheny County PA GO VRDO Allegheny County PA Higher Education Building Authority University Revenue (Duquesne University) Allegheny County PA Higher Education Building Authority University Revenue (Duquesne University) Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) Allegheny County PA Port Authority Revenue Allegheny County PA Sanitary Authority Sewer Revenue Allegheny County PA Sanitary Authority Sewer Revenue Allegheny County PA Sanitary Authority Sewer Revenue Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue Beaver County PA Industrial Development Authority Pollution Control Revenue (FirstEnergy Generation Project) PUT Beaver County PA Industrial Development Authority Pollution Control Revenue (FirstEnergy Generation Project) PUT Bucks County PA Water & Sewer Authority Water System Revenue Canonsburg-Houston PA Joint Authority Sewer Revenue Canonsburg-Houston PA Joint Authority Sewer Revenue Central Bradford PA Progress Authority Revenue (Guthrie Healthcare System) Central Bucks County PA School District GO Central Bucks County PA School District GO Commonwealth Financing Authority Pennsylvania Revenue Commonwealth Financing Authority Pennsylvania Revenue Commonwealth Financing Authority Pennsylvania Revenue Cumberland County PA Municipal Authority Revenue (Diakon Lutheran Social Ministries Project) Cumberland County PA Municipal Authority Revenue (Diakon Lutheran Social Ministries Project) Cumberland County PA Municipal Authority Revenue (Diakon Lutheran Social Ministries Project) Cumberland County PA Municipal Authority Revenue (Diakon Lutheran Social Ministries Project) Cumberland County PA Municipal Authority Revenue (Diakon Lutheran Social Ministries Project) Cumberland County PA Municipal Authority Revenue (Diakon Lutheran Social Ministries Project) Cumberland County PA Municipal Authority Revenue (Diakon Lutheran Social Ministries Project) Cumberland County PA Municipal Authority Revenue (Diakon Lutheran Social Ministries Project) Dauphin County PA General Authority Health System Revenue (Pinnacle Health System Project) Dauphin County PA General Authority Health System Revenue (Pinnacle Health System Project) Delaware County PA Authority Hospital Revenue (Crozer-Keystone Obligated Group) Delaware County PA Authority Hospital Revenue (Crozer-Keystone Obligated Group) Delaware County PA Authority Hospital Revenue (Crozer-Keystone Obligated Group) Delaware County PA Authority Hospital Revenue (Crozer-Keystone Obligated Group) Delaware County PA Authority Hospital Revenue (Crozer-Keystone Obligated Group) Delaware County PA GO Delaware County PA GO Delaware County PA GO Delaware River Port Authority Pennsylvania & New Jersey Revenue Lancaster County PA Hospital Authority Health System Revenue (University of Pennsylvania Health System) Lancaster County PA Hospital Authority Revenue (University of Pennsylvania Health System) Lancaster County PA Hospital Authority Revenue (University of Pennsylvania Health System)

199

5.000% 5.000% 5.000% 5.000% 0.630%

11/1/19 (Prere.) 11/1/25 11/1/26 11/1/29 11/7/16 LOC

15,000 7,445 3,075 12,000 8,100

16,767 9,253 3,851 14,673 8,100

5.500%

3/1/21 (Prere.)

1,290

1,523

5.500%

3/1/21 (Prere.)

2,720

3,211

14,115 17,000 3,400 2,500 2,000 2,795 2,500 2,000 2,310 3,740 3,000

14,099 19,967 4,132 3,078 2,167 3,161 2,802 2,228 2,549 4,105 3,267

4,500

4,435

16,100 2,000 1,825 1,915 12,500 625 1,645 3,940 875 7,000 2,135 240 2,460 275 3,075 3,770 340 420 7,060 7,740 2,070 3,790 6,000 4,175 3,985 2,250 2,360 1,645 4,850

15,224 2,188 2,132 2,226 14,506 710 1,866 4,436 1,025 7,930 2,151 242 2,593 289 3,386 4,171 371 460 7,955 8,676 2,081 3,809 6,030 4,196 4,005 2,338 2,545 1,938 5,527

6,540 1,420 1,385

8,125 1,730 1,677

1.227% 5.750% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/1/21 3/1/29 12/1/23 12/1/24 12/1/34 (4) 5/1/24 5/1/25 5/1/26 5/1/28 5/1/29 5/1/31

2.500%

6/1/17

2.700% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.500% 5.500% 5.750% 6.000% 5.750% 6.000% 6.000% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

4/2/18 6/1/19 12/1/31 12/1/32 12/1/31 5/15/20 5/15/20 6/1/21 6/1/25 6/1/32 1/1/17 1/1/17 1/1/18 1/1/18 1/1/19 1/1/19 1/1/20 1/1/21 6/1/19 6/1/29 12/15/16 12/15/16 12/15/16 12/15/16 12/15/16 10/1/17 10/1/18 10/1/21 1/1/23

5.000% 5.000% 5.000%

8/15/26 8/15/28 8/15/29

(15)

(ETM) (4)

(ETM) (ETM) (Prere.) (Prere.)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

Lancaster County PA Hospital Authority Revenue (University of Pennsylvania Health System) Lancaster County PA Hospital Authority Revenue (University of Pennsylvania Health System) Lancaster County PA Solid Waste Management Authority Solid Waste Disposal System Revenue Lycoming County PA Authority College Revenue (Pennsylvania College of Technology) Lycoming County PA Authority College Revenue (Pennsylvania College of Technology) Lycoming County PA Authority College Revenue (Pennsylvania College of Technology) Lycoming County PA Authority College Revenue (Pennsylvania College of Technology) Lycoming County PA Authority College Revenue (Pennsylvania College of Technology) Middletown PA School District GO Middletown PA School District GO Monroeville PA Finance Authority Revenue (UPMC Health System) Montgomery County PA Higher Education & Health Authority Hospital Revenue (Abington Memorial Hospital) Montgomery County PA Higher Education & Health Authority Hospital Revenue (Abington Memorial Hospital) Montgomery County PA Higher Education & Health Authority Hospital Revenue (Abington Memorial Hospital) Montgomery County PA Higher Education & Health Authority Hospital Revenue (Abington Memorial Hospital) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Pollution Control Revenue (Exelon Generation Co., LLC) PUT Montgomery County PA Industrial Development Authority Pollution Control Revenue (Exelon Generation Co., LLC) PUT Montour PA School District GO Moon Industrial Development Authority Pennsylvania Revenue (Baptist Home Society Obligated Group) Moon Industrial Development Authority Pennsylvania Revenue (Baptist Home Society Obligated Group) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project)

200

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

8/15/33 8/15/34 12/15/33 10/1/21 10/1/22 10/1/24 10/1/25 10/1/26 3/1/31 3/1/32 2/15/29

3,000 3,000 5,750 1,000 1,000 525 1,085 600 3,030 3,375 6,995

3,553 3,539 6,646 1,159 1,183 636 1,322 735 3,446 3,824 8,015

5.000%

6/1/25

7,000

8,126

5.000%

6/1/25

5,765

6,261

5.000%

6/1/27

6,000

6,895

5.000%

6/1/31

8,500

9,577

5.000%

1/15/23

8,000

9,136

5.000%

1/15/24

4,365

5,039

5.000%

1/15/25

3,800

4,384

5.250%

1/15/26

3,250

3,772

5.250%

1/15/27

3,000

3,445

5.250%

1/15/29

3,850

4,350

5.250%

1/15/31

8,350

9,352

5.250%

1/15/32

9,055

10,108

2.500%

4/1/20

4,000

4,031

2.500% 5.000%

4/1/20 4/1/32 (4)

3,250 3,245

3,275 3,802

5.625%

7/1/30

3,750

4,206

5.750%

7/1/35

6,925

7,735

5.000%

8/15/18 (Prere.)

1,000

1,072

5.125%

8/15/18 (Prere.)

1,000

1,074

5.250%

8/15/18 (Prere.)

1,000

1,076

5.250%

8/15/18 (Prere.)

1,500

1,614

5.250%

8/15/18 (Prere.)

3,000

3,229

5.000%

8/15/24

2,815

3,388

5.000%

8/15/25

2,025

2,453

5.000%

8/15/26

2,270

2,764

5.000%

8/15/27

2,835

3,430

5.000%

8/15/29

5,205

6,159

5.000%

8/15/30

7,720

9,071

5.000%

8/15/31

8,130

9,508

5.000%

8/15/36

6,790

7,828

Intermediate-Term Tax-Exempt Fund

4

2

Pennsylvania Economic Development Financing Authority Health System Revenue (Albert Einstein Healthcare Network) Pennsylvania Economic Development Financing Authority Pollution Control Revenue (PPL Electric Utilities Corp. Project) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania Higher Education Assistance Agency Revenue Pennsylvania Higher Education Assistance Agency Revenue Pennsylvania Higher Educational Facilities Authority Revenue Pennsylvania Higher Educational Facilities Authority Revenue Pennsylvania Higher Educational Facilities Authority Revenue (Drexel University) VRDO Pennsylvania Higher Educational Facilities Authority Revenue (Foundation for Indiana University of Pennsylvania Student Housing) Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) Pennsylvania Higher Educational Facilities Authority Revenue (La Salle University) Pennsylvania Higher Educational Facilities Authority Revenue (La Salle University) Pennsylvania Higher Educational Facilities Authority Revenue (La Salle University) Pennsylvania Higher Educational Facilities Authority Revenue (Presbyterian Medical Center) TOB VRDO Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) Pennsylvania Higher Educational Facilities Authority Revenue (Trustees of the University of Pennsylvania) Pennsylvania Higher Educational Facilities Authority Revenue (Trustees of the University of Pennsylvania) Pennsylvania Higher Educational Facilities Authority Revenue (Trustees of the University of Pennsylvania)

201

Coupon

Maturity Date

6.250%

10/15/19 (Prere.)

4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.375% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 4.000% 4.000% 0.480%

10/1/23 2/1/23 2/1/24 2/1/25 2/1/26 2/1/27 2/1/29 2/1/31 2/1/32 2/1/33 7/1/33 1/1/17 7/1/18 7/1/19 7/1/20 1/1/21 7/1/22 5/1/19 7/1/19 6/1/21 7/1/21 7/1/21 6/1/22 7/1/23 11/15/23 8/15/24 3/15/25 4/1/25 9/15/26 9/15/27 3/15/28 10/15/28 8/15/29 (4) 6/15/30 8/15/30 (4) 12/15/20 12/15/21 6/15/32 6/15/33 11/1/16 LOC

Face Amount ($000)

Market Value• ($000)

2,795

3,143

17,500 1,250 3,000 2,180 3,000 4,705 6,000 12,965 6,865 10,000 10,000 1,000 1,950 4,700 20,000 10,000 10,945 15,000 14,925 20,000 32,365 4,950 19,450 13,000 4,705 44,000 7,000 7,500 34,500 25,375 21,000 11,550 17,000 24,400 19,000 2,560 1,830 8,500 10,000 2,805

19,216 1,494 3,638 2,649 3,620 5,637 7,063 15,086 7,952 11,538 11,401 1,006 2,083 5,192 22,119 10,853 11,058 16,388 16,392 23,075 37,420 5,806 22,879 14,594 5,485 53,543 8,541 8,893 42,809 31,087 25,087 12,742 18,768 26,432 20,796 2,914 2,074 9,147 10,709 2,805

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/27 6/15/29 6/15/29 5/1/24 5/1/25 5/1/26

1,745 4,125 1,300 1,435 1,670 1,690

1,987 4,641 1,482 1,670 1,931 1,945

0.660% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000%

11/7/16 4/1/25 4/1/26 4/1/27 4/1/28 4/1/30 4/1/31 9/1/19 (2) 3/1/27 3/1/28 3/1/30 3/1/32

7,200 2,065 1,140 1,120 3,085 2,985 3,500 2,935 700 1,650 500 1,000

7,200 2,427 1,334 1,304 3,579 3,431 4,011 3,258 817 1,919 577 1,145

2,405

2,798

5.000%

3/1/21 (Prere.)

5.000%

10/1/23

8,220

10,102

5.000%

10/1/24

7,000

8,729

Intermediate-Term Tax-Exempt Fund

1

1

Pennsylvania Higher Educational Facilities Authority Revenue (Trustees of the University of Pennsylvania) Pennsylvania Higher Educational Facilities Authority Revenue (Trustees of the University of Pennsylvania) Pennsylvania Higher Educational Facilities Authority Revenue (Trustees of the University of Pennsylvania) Pennsylvania Higher Educational Facilities Authority Revenue (University of Pennsylvania Health System) Pennsylvania Higher Educational Facilities Authority Revenue (University of Pennsylvania Health System) Pennsylvania Higher Educational Facilities Authority Revenue (University of Pittsburgh Medical Center) Pennsylvania Higher Educational Facilities Authority Revenue (University of the Sciences) Pennsylvania Housing Finance Agency Single Family Mortgage Revenue Pennsylvania Housing Finance Agency Single Family Mortgage Revenue Pennsylvania Housing Finance Agency Single Family Mortgage Revenue Pennsylvania Industrial Development Authority Economic Development Revenue Pennsylvania Industrial Development Authority Economic Development Revenue Pennsylvania Public School Building Authority Lease Revenue (School District of Philadelphia) Pennsylvania Public School Building Authority Lease Revenue (School District of Philadelphia) Pennsylvania Public School Building Authority Lease Revenue (School District of Philadelphia) Pennsylvania Public School Building Authority Lease Revenue (School District of Philadelphia) Pennsylvania Public School Building Authority Lease Revenue (School District of Philadelphia) Pennsylvania Public School Building Authority Lease Revenue (School District of Philadelphia) Pennsylvania Public School Building Authority Lease Revenue (School District of Philadelphia) Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania Turnpike Commission Motor License Fund Revenue Pennsylvania Turnpike Commission Motor License Fund Revenue Pennsylvania Turnpike Commission Motor License Fund Revenue Pennsylvania Turnpike Commission Motor License Fund Revenue Pennsylvania Turnpike Commission Oil Franchise Tax Revenue Pennsylvania Turnpike Commission Oil Franchise Tax Revenue Pennsylvania Turnpike Commission Oil Franchise Tax Revenue Pennsylvania Turnpike Commission Oil Franchise Tax Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue

202

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

10/1/25

5,000

6,313

5.000%

10/1/26

4,625

5,801

5.000%

10/1/26

9,550

11,979

5.000%

8/15/24

6,310

7,772

5.000%

8/15/25

5,500

6,850

5.000% 5.000% 4.000% 5.000% 5.000% 5.500% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 1.900% 5.250% 1.610% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

5/15/31 11/1/33 10/1/18 10/1/19 10/1/20 7/1/18 7/1/18 12/1/16 12/1/16 12/1/16 12/1/16 6/1/23 6/1/24 6/1/26 9/1/21 9/1/21 9/1/26 9/1/26 9/1/27 9/1/28 9/1/29 9/1/29 9/1/30 9/1/30 9/1/35 9/1/35 9/1/36 9/1/36 12/1/23 12/1/24 12/1/25 12/1/26 12/1/17 12/1/23 12/1/26 12/1/27 6/1/18 6/1/18 6/1/19 6/1/19 6/1/19 6/1/19 6/1/19 6/1/19 12/1/19 12/1/20 12/1/20 12/1/21 12/1/21 12/1/21 6/1/24 6/1/24 6/1/25 6/1/25 12/1/25 6/1/26 6/1/26 6/1/26 12/1/26

500 5,805 2,000 2,000 1,500 17,530 12,180 3,430 10,600 11,130 11,585 6,080 6,620 6,640 620 1,400 1,250 3,000 4,800 5,000 5,000 1,150 1,650 1,750 1,650 1,350 1,730 1,325 1,770 1,825 2,190 2,165 5,155 2,895 1,460 1,600 2,500 12,345 4,520 9,020 40,980 8,585 3,535 4,715 7,280 22,700 1,710 37,500 6,930 16,660 27,855 8,395 11,910 37,630 1,250 9,845 35,000 35,000 2,320

550 6,670 2,113 2,204 1,711 18,870 13,111 3,442 10,638 11,170 11,626 6,102 6,644 6,664 728 1,644 1,588 3,812 5,579 6,223 6,179 1,421 2,024 2,146 1,812 1,618 1,895 1,584 2,116 2,174 2,592 2,550 5,173 3,504 1,809 1,959 2,663 13,199 4,983 9,939 45,155 9,464 3,897 5,228 8,158 22,929 1,990 37,370 7,701 18,588 33,517 10,082 14,431 45,595 1,406 11,918 42,833 42,565 2,792

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (4) (4) (4)

(2)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(4)

(4)

Intermediate-Term Tax-Exempt Fund

Coupon

4

3

Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue TOB VRDO Philadelphia PA Airport Revenue Philadelphia PA Authority for Industrial Development Revenue (Cultural & Commercial Corridors) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA GO Philadelphia PA GO Philadelphia PA GO Philadelphia PA Hospitals & Higher Education Facilities Authority Health System Revenue (Jefferson Health System) Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Temple University Health System Obligated Group) Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Temple University Health System Obligated Group) Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Temple University Health System Obligated Group) Philadelphia PA Municipal Authority Revenue Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA Water & Waste Water Revenue Philadelphia PA Water & Waste Water Revenue

203

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 0.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.625% 5.000% 5.000% 5.000% 5.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

12/1/26 6/1/27 12/1/27 6/1/28 12/1/28 12/1/28 12/1/28 12/1/28 6/1/29 6/1/29 12/1/29 6/1/30 12/1/30 6/1/31 12/1/31 12/1/31 12/1/31 12/1/31 12/1/31 6/1/32 12/1/32 12/1/32 6/1/33 12/1/33 12/1/33 12/1/33 12/1/34 12/1/34 6/1/35 12/1/35 12/1/35 6/1/36 12/1/36 11/7/16 (12) 6/15/23 12/1/26 4/1/24 4/1/25 4/1/26 4/1/27 4/1/28 4/1/29 4/1/34 4/1/35 10/1/17 (Prere.) 10/1/21 10/1/23 8/1/24 10/1/24 10/1/25 10/1/29 8/1/23 8/1/26 8/1/29

1,500 5,275 1,335 5,140 3,500 1,000 1,000 4,015 3,030 7,635 2,000 5,000 4,000 6,890 25,500 3,785 1,500 6,185 10,000 14,615 31,195 3,250 9,950 4,500 4,940 23,000 2,620 4,000 22,500 30,410 4,000 20,000 4,000 3,245 2,000 5,000 6,500 7,820 12,860 6,750 3,500 2,500 3,250 7,135 4,065 7,170 5,550 6,400 1,800 2,500 3,275 7,310 9,000 5,000

1,687 6,331 1,502 6,108 3,829 1,205 1,121 4,525 3,558 9,009 2,397 5,850 4,770 8,012 30,281 4,495 1,675 7,065 11,471 16,836 36,870 3,841 11,436 4,906 5,683 27,074 3,004 4,557 25,620 34,813 4,530 22,738 4,523 3,245 2,218 5,967 7,908 9,629 15,668 8,155 4,194 2,973 3,780 8,270 4,224 8,285 6,642 7,757 2,181 3,058 3,930 8,704 10,872 5,866

5.250%

5/15/20 (Prere.)

24,000

27,416

6.250%

7/1/23

9,100

9,336

5.500%

7/1/26

4,275

4,340

5.500% 6.375% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/30 4/1/29 9/1/21 6/1/24 (4)(3) 9/1/25 (15) 9/1/26 9/1/32 7/1/20 8/1/22 (4)

6,040 3,500 5,000 2,000 34,410 2,295 2,100 1,300 3,000

6,126 3,852 5,505 2,324 40,566 2,618 2,322 1,474 3,372

Intermediate-Term Tax-Exempt Fund

3 3

3

3

3

Philadelphia PA Water & Waste Water Revenue Philadelphia PA Water & Waste Water Revenue Philadelphia PA Water & Waste Water Revenue Philadelphia PA Water & Waste Water Revenue Philadelphia PA Water & Waste Water Revenue Philadelphia PA Water & Waste Water Revenue Philadelphia PA Water & Waste Water Revenue Philadelphia PA Water & Waste Water Revenue Pittsburgh & Allegheny County PA Sports & Exhibition Authority Lease Revenue VRDO Plum Borough PA School District GO Southcentral Pennsylvania General Authority Revenue (WellSpan Health Obligated Group) Southcentral Pennsylvania General Authority Revenue (WellSpan Health Obligated Group) Southeastern Pennsylvania Transportation Authority Revenue Southeastern Pennsylvania Transportation Authority Revenue St. Mary Hospital Authority Pennsylvania Health System Revenue (Catholic Health Initiatives) St. Mary Hospital Authority Pennsylvania Health System Revenue (Catholic Health Initiatives) St. Mary Hospital Authority Pennsylvania Health System Revenue (Catholic Health Initiatives) State Public School Building Authority Pennsylvania College Revenue (Delaware County Community College Project) State Public School Building Authority Pennsylvania College Revenue (Delaware County Community College Project) State Public School Building Authority Pennsylvania College Revenue (Delaware County Community College Project) State Public School Building Authority Pennsylvania College Revenue (Delaware County Community College Project) State Public School Building Authority Pennsylvania College Revenue (Montgomery County Community College) State Public School Building Authority Pennsylvania Lease Revenue (School District of Philadelphia) State Public School Building Authority Pennsylvania Lease Revenue (School District of Philadelphia) State Public School Building Authority Pennsylvania Lease Revenue (School District of Philadelphia) Unionville-Chadds Ford PA School District GO Unionville-Chadds Ford PA School District GO Unionville-Chadds Ford PA School District GO University of Pittsburgh of the Commonwealth System of Higher Education Pennsylvania Revenue University of Pittsburgh of the Commonwealth System of Higher Education Pennsylvania Revenue (University Capital Project) University of Pittsburgh of the Commonwealth System of Higher Education Pennsylvania Revenue (University Capital Project) University of Pittsburgh of the Commonwealth System of Higher Education Pennsylvania Revenue (University Capital Project) University of Pittsburgh of the Commonwealth System of Higher Education Pennsylvania Revenue (University Capital Project) University of Pittsburgh of the Commonwealth System of Higher Education Pennsylvania Revenue (University Capital Project) Upper Merion PA Area School District GO Westmoreland County PA Industrial Development Authority Revenue (Excela Health Project) Westmoreland County PA Industrial Development Authority Revenue (Excela Health Project) Westmoreland County PA Industrial Development Authority Revenue (Excela Health Project) Westmoreland County PA Municipal Authority Revenue Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project) Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project) Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project) Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project) Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project) Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 0.750% 5.000% 6.000% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000%

1/1/23 7/1/23 7/1/24 7/1/26 10/1/26 10/1/27 7/1/34 7/1/35 11/7/16 9/15/23 6/1/18 6/1/25 3/1/27 3/1/28 5/15/20 11/15/25 11/15/27

2,300 2,000 3,800 5,500 6,000 3,810 6,380 11,000 22,945 1,000 17,165 12,835 6,100 5,000 2,440 15,385 2,465

2,763 2,428 4,623 6,626 7,437 4,706 6,808 11,713 22,945 1,194 18,530 13,611 6,779 5,529 2,769 17,288 2,760

(4) (15) (Prere.)

(Prere.)

5.000%

10/1/24 (15)

2,635

3,202

5.000%

10/1/25 (15)

2,880

3,505

5.000%

10/1/26 (15)

3,445

4,149

5.000%

10/1/27 (15)

3,130

3,736

5.000%

5/1/24

3,290

3,929

5.000%

6/1/24

21,000

24,279

5.000%

6/1/25 (4)

9,505

11,135

5.000% 5.000% 5.000% 5.000%

6/1/26 (4) 6/1/24 6/1/25 6/1/26

31,500 1,255 1,750 1,000

37,116 1,547 2,182 1,263

5.000%

9/15/17

3,990

4,136

5.000%

9/15/19

2,650

2,906

5.500%

9/15/23

9,000

9,941

5.250%

9/15/27

12,500

13,958

5.250%

9/15/28

2,375

2,650

5.250% 4.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

9/15/29 1/15/26 7/1/19 7/1/20 7/1/25 8/15/32 11/1/21 11/1/22 11/1/23 11/1/24 11/1/25 11/1/30

11,250 1,000 1,235 1,330 4,500 15,000 1,015 1,160 1,350 1,420 1,465 6,185

12,539 1,155 1,328 1,473 4,966 17,297 1,145 1,305 1,515 1,589 1,640 6,925 2,551,427

Puerto Rico (0.2%) Puerto Rico Electric Power Authority Revenue Puerto Rico Electric Power Authority Revenue Puerto Rico Electric Power Authority Revenue Puerto Rico Electric Power Authority Revenue Puerto Rico Electric Power Authority Revenue Puerto Rico Highway & Transportation Authority Revenue Puerto Rico Sales Tax Financing Corp. Revenue

5.000% 5.000% 5.000% 5.250% 5.250% 5.250% 5.500%

7/1/19 7/1/20 7/1/21 7/1/21 7/1/22 7/1/21 8/1/19

(14) (14) (14) (14) (14) (13)(3) (Prere.)

10,430 18,245 24,290 5,000 10,000 5,300 255

10,562 18,416 24,598 5,487 11,057 6,023 286 76,429

204

Intermediate-Term Tax-Exempt Fund

Coupon Rhode Island (0.2%) Rhode Island & Providence Plantations GO Rhode Island & Providence Plantations GO Rhode Island Commerce Corp. Airport Revenue Rhode Island Commerce Corp. Airport Revenue Rhode Island Commerce Corp. Airport Revenue Rhode Island Commerce Corp. Airport Revenue Rhode Island Economic Development Corp. Revenue (Department of Transportation) Rhode Island Economic Development Corp. Revenue (Department of Transportation) Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Lifespan Obligated Group) Rhode Island Health & Educational Building Corp. Public Schools Revenue (Pooled Issue) Rhode Island Health & Educational Building Corp. Public Schools Revenue (Pooled Issue) Rhode Island Health & Educational Building Corp. Public Schools Revenue (Pooled Issue) Tobacco Settlement Financing Corp. Rhode Island Revenue

Maturity Date

Face Amount ($000)

Market Value• ($000)

9,805 3,610 500 650 1,575 500 20,000 25,000

11,570 4,233 595 755 1,810 573 22,185 27,731

5.500% 5.500% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250%

8/1/28 8/1/30 7/1/28 7/1/32 7/1/35 7/1/37 6/15/19 (Prere.) 6/15/19 (Prere.)

5.000%

9/15/26

1,260

1,559

5.000%

9/15/27

2,000

2,444

5.500%

9/1/23 (Prere.)

6,000

7,493

6.000%

9/1/23 (Prere.)

5,500

7,045

5.000%

9/1/25

5,000

5,545

5.000%

9/1/26

5,000

5,558

5.000%

9/1/31

3,000

3,249

2,350 2,880 3,210 3,500 6,015

2,789 3,040 3,394 3,707 6,038

5.000% 4.500% 4.625% 4.750% 2.250%

5/15/24 5/15/18 (Prere.) 5/15/18 (Prere.) 5/15/18 (Prere.) 6/1/41

121,313 South Carolina (1.1%) Aiken County SC Consolidated School District Beaufort County SC School District GO Beaufort County SC School District GO Berkeley County SC School District Revenue Berkeley County SC Utility Revenue Charleston County SC GO Charleston SC Educational Excellence Financing Corp. Revenue (Charleston County School District, South Carolina Project) Charleston SC Educational Excellence Financing Corp. Revenue (Charleston County School District, South Carolina Project) Charleston SC Waterworks & Sewer Capital Improvement Revenue Dorchester County SC School District No. 2 Installment Purchase Revenue Dorchester County SC School District No. 2 Installment Purchase Revenue Florence County SC School District GO Greenville County SC Hospital Revenue (Greenville Hospital System) Greenville County SC Hospital Revenue (Greenville Hospital System) Greenville County SC School District Installment Revenue Greenville County SC School District Installment Revenue Kershaw County SC Public Schools Foundation Installment Purchase Revenue Kershaw County SC Public Schools Foundation Installment Purchase Revenue Lexington County SC Health Services District Inc. Hospital Revenue Lexington County SC Health Services District Inc. Hospital Revenue Lexington County SC Health Services District Inc. Hospital Revenue Lexington County SC Health Services District Inc. Hospital Revenue Myrtle Beach SC Hospitality Fee Revenue Myrtle Beach SC Hospitality Fee Revenue Myrtle Beach SC Hospitality Fee Revenue Myrtle Beach SC Hospitality Fee Revenue Myrtle Beach SC Hospitality Fee Revenue Newberry County SC School District Installment Purchase Revenue Newberry County SC School District Installment Purchase Revenue Newberry County SC School District Installment Purchase Revenue Piedmont SC Municipal Power Agency Revenue Piedmont SC Municipal Power Agency Revenue Piedmont SC Municipal Power Agency Revenue Piedmont SC Municipal Power Agency Revenue Piedmont SC Municipal Power Agency Revenue Piedmont SC Municipal Power Agency Revenue

205

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

3/1/24 3/1/18 3/1/21 3/1/18 6/1/30 11/1/21

7,980 3,800 3,245 3,670 8,170 2,765

9,880 4,011 3,767 3,871 9,675 3,282

5.000%

12/1/16 (Prere.)

3,105

3,116

5.000% 5.000% 4.000% 4.000% 5.000% 4.125% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 5.000% 0.000% 5.000%

12/1/27 1/1/20 12/1/25 12/1/26 3/1/18 5/1/17 5/1/18 12/1/19 12/1/26 12/1/24 12/1/25 11/1/26 11/1/35 11/1/36 11/1/37 6/1/26 6/1/27 6/1/30 6/1/31 6/1/33 12/1/26 12/1/29 12/1/30 1/1/20 1/1/22 (14) 1/1/23 (14) 1/1/23 1/1/24 (14) 1/1/24

10,000 3,075 8,805 9,760 2,730 5,315 2,655 32,480 28,255 1,000 1,080 6,220 3,000 5,040 11,305 1,000 2,075 1,000 2,500 2,750 4,000 3,390 5,210 14,100 9,950 8,780 1,335 2,400 3,535

12,086 3,458 9,894 10,890 2,879 5,398 2,805 36,765 28,355 1,204 1,311 7,095 3,487 5,841 13,081 1,191 2,458 1,162 2,888 3,155 4,854 4,035 6,179 15,736 8,987 7,705 1,593 2,055 4,021

Intermediate-Term Tax-Exempt Fund

Coupon Piedmont SC Municipal Power Agency Revenue Piedmont SC Municipal Power Agency Revenue Piedmont SC Municipal Power Agency Revenue Piedmont SC Municipal Power Agency Revenue Piedmont SC Municipal Power Agency Revenue Piedmont SC Municipal Power Agency Revenue South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue (Pickens School District) South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue (Pickens School District) South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue (Pickens School District) South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue (Pickens School District) South Carolina GO South Carolina GO South Carolina GO South Carolina GO South Carolina GO South Carolina GO South Carolina Higher Education Revenue (Clemson University) South Carolina Higher Education Revenue (Clemson University) South Carolina Higher Education Revenue (Clemson University) South Carolina Jobs Economic Development Authority Hospital Revenue (AnMed Health Project) South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Transportation Infrastructure Revenue Sumter Two School Facilities Inc. South Carolina Installment Purchase Revenue Sumter Two School Facilities Inc. South Carolina Installment Purchase Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

Maturity Date 1/1/24 1/1/24 1/1/25 1/1/25 1/1/29 (4) 1/1/29 (4)

Face Amount ($000)

Market Value• ($000)

2,000 13,620 8,020 3,000 8,600 2,800

2,421 14,203 9,080 3,672 9,658 3,145

5.000%

12/1/23

2,000

2,428

5.000%

12/1/24

2,300

2,824

5.000%

12/1/26

2,000

2,418

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.250% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

12/1/27 4/1/18 4/1/19 4/1/19 8/1/19 10/1/19 4/1/25 5/1/20 5/1/21 5/1/22 2/1/18 8/1/23 8/1/24 8/1/25 8/1/27 8/1/27 8/1/28 12/1/16 12/1/23 12/1/24 12/1/25 12/1/27 12/1/28 12/1/29 12/1/30 12/1/30 12/1/31 12/1/32 12/1/33 12/1/34 12/1/35 12/1/35 10/1/18 12/1/24 12/1/25

2,500 2,400 7,825 2,495 10,465 4,530 2,150 4,410 2,380 4,860 2,000 6,275 6,200 6,925 11,740 13,550 7,850 7,225 10,000 13,900 5,615 4,295 15,130 6,065 5,000 10,510 13,980 8,535 10,465 20,000 9,310 3,000 5,185 1,000 1,440

3,005 2,542 8,587 2,738 11,617 5,056 2,724 5,014 2,784 5,831 2,096 6,672 6,578 7,332 13,575 14,302 9,021 7,251 12,160 17,104 6,907 5,225 18,355 7,308 6,045 12,592 16,625 10,101 12,302 23,712 11,004 3,570 5,583 1,206 1,753

(4) (4) (4) (4)

(15) (15)

586,296 South Dakota (0.1%) Educational Enhancement Funding Corp. South Dakota Tobacco Settlement Revenue South Dakota Building Authority Revenue South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) South Dakota Health & Educational Facilities Authority Revenue (Sanford Health)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000%

6/1/23 6/1/33 11/1/23 11/1/24 11/1/25 11/1/26 11/1/27 11/1/28 11/1/29 11/1/29 11/1/34

1,000 4,000 650 650 600 675 1,025 825 1,415 2,000 8,250

1,170 4,667 790 798 728 810 1,219 970 1,650 2,199 9,428 24,429

Tennessee (1.0%) Chattanooga TN Electric System Revenue Chattanooga TN Electric System Revenue Chattanooga-Hamilton County TN Hospital Chattanooga-Hamilton County TN Hospital Chattanooga-Hamilton County TN Hospital Chattanooga-Hamilton County TN Hospital

Authority Authority Authority Authority

Hospital Hospital Hospital Hospital

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

Revenue Revenue Revenue Revenue

206

9/1/28 9/1/31 10/1/23 10/1/24 10/1/26 10/1/28

2,315 2,250 650 745 1,485 2,400

2,850 2,717 774 898 1,762 2,768

Intermediate-Term Tax-Exempt Fund

3

1

1

Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue Clarksville TN Public Building Authority Revenue (Pooled Financing) VRDO Clarksville TN Public Building Authority Revenue (Pooled Financing) VRDO Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) Jackson TN Hospital Improvement Revenue (Jackson-Madison County General Hospital Project) Knox County TN GO Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue (Covenant Healthcare) Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue (Covenant Healthcare) Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue (Covenant Healthcare) Memphis TN GO Memphis TN GO Memphis TN GO Metropolitan Government of Nashville & Davidson County TN GO Metropolitan Government of Nashville & Davidson County TN GO Metropolitan Government of Nashville & Davidson County TN GO Metropolitan Government of Nashville & Davidson County TN GO Metropolitan Government of Nashville & Davidson County TN GO Metropolitan Government of Nashville & Davidson County TN GO Metropolitan Government of Nashville & Davidson County TN Health & Educational Facilities Board Revenue (Ascension Health Credit Group) PUT Metropolitan Government of Nashville & Davidson County TN Health & Educational Facilities Board Revenue (Blakeford at Green Hills) Metropolitan Government of Nashville & Davidson County TN Health & Educational Facilities Board Revenue (Vanderbilt University) Metropolitan Government of Nashville & Davidson County TN Health & Educational Facilities Board Revenue (Vanderbilt University) PUT Metropolitan Government of Nashville & Davidson County TN Health & Educational Facilities Board Revenue (Vanderbilt University) PUT Montgomery County TN Public Building Authority Pooled Financial Revenue (Tennessee County Loan Pool) VRDO Shelby County TN GO Shelby County TN GO Shelby County TN GO Shelby County TN GO Shelby County TN GO Shelby County TN GO Shelby County TN Health Educational & Housing Facility Board Revenue (Baptist Memorial Health Care) Shelby County TN Health Educational & Housing Facility Board Revenue (Baptist Memorial Health Care) Shelby County TN Health Educational & Housing Facility Board Revenue (Methodist Le Bonheur Healthcare) VRDO Shelby County TN Health Educational & Housing Facility Board Revenue (Methodist Le Bonheur Healthcare) VRDO Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee GO Tennessee GO Tennessee GO

207

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 0.590% 0.590% 5.250% 5.375% 5.000% 5.000% 5.250% 5.375% 5.250% 5.250% 5.250% 5.250% 5.000%

10/1/29 10/1/30 10/1/32 10/1/33 10/1/34 11/1/16 11/1/16 4/1/18 4/1/18 4/1/19 4/1/20 4/1/23 4/1/28 4/1/31 4/1/32 4/1/33 4/1/34 4/1/18

5,325 5,615 6,520 6,340 2,590 4,000 6,885 6,045 5,835 1,145 3,480 2,235 2,165 5,880 8,780 9,240 7,725 2,105

6,108 6,414 7,374 7,151 2,916 4,000 6,885 6,419 6,206 1,249 3,911 2,365 2,281 6,992 10,361 10,881 9,077 2,229

5.000%

1/1/21

2,500

2,851

5.000%

1/1/22

1,100

1,282

4,860 4,000 3,145 1,715 5,000 13,085 7,755 5,000 5,000 10,000

5,776 4,000 3,633 1,971 5,243 14,462 9,721 6,159 6,125 12,183

LOC LOC (Prere.) (Prere.)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

1/1/23 11/1/16 (Prere.) 5/1/28 5/1/30 1/1/18 (Prere.) 7/1/19 1/1/28 1/1/30 1/1/31 1/1/32

1.550%

11/3/20

8,500

8,514

5.000%

7/1/27

1,000

1,110

5.000%

7/1/35

5,000

5,866

1.230%

4/1/17 (Prere.)

5,640

5,640

1.230%

10/1/17

5,860

5,854

0.590% 4.750% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/16 LOC 3/1/18 4/1/19 (ETM) 4/1/19 4/1/24 4/1/25 4/1/26

3,300 5,525 100 400 2,000 8,000 4,000

3,300 5,813 110 439 2,480 10,034 5,096

5.000%

9/1/18

7,180

7,670

5.000%

9/1/19

2,000

2,198

0.510%

11/1/16 (4)

30,010

30,010

0.520% 5.250% 5.250% 5.250% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000%

11/1/16 (4) 9/1/17 9/1/18 9/1/21 2/1/22 2/1/24 2/1/25 9/1/26 2/1/27 5/1/17 (Prere.) 8/1/17 10/1/17

13,545 39,340 57,705 50 10,135 10,960 5,815 1,550 18,000 2,075 3,165 6,000

13,545 40,616 61,657 58 11,621 12,806 6,836 1,900 21,595 2,120 3,268 6,236

Intermediate-Term Tax-Exempt Fund

Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee Tennessee

GO GO GO GO GO GO GO GO GO GO GO GO GO GO Housing Development Agency Homeownership Program Revenue School Bond Authority Higher Educational Facilities Revenue (2nd Program) School Bond Authority Higher Educational Facilities Revenue (2nd Program) School Bond Authority Higher Educational Facilities Revenue (2nd Program) School Bond Authority Higher Educational Facilities Revenue (2nd Program) School Bond Authority Higher Educational Facilities Revenue (2nd Program) School Bond Authority Higher Educational Facilities Revenue (2nd Program) School Bond Authority Higher Educational Facilities Revenue (2nd Program) School Bond Authority Higher Educational Facilities Revenue (2nd Program) School Bond Authority Higher Educational Facilities Revenue (2nd Program) School Bond Authority Higher Educational Facilities Revenue (2nd Program)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

8/1/18 8/1/18 8/1/19 8/1/19 8/1/20 8/1/20 8/1/21 8/1/21 8/1/22 8/1/22 8/1/23 9/1/27 9/1/27 9/1/28 7/1/37 11/1/22 11/1/23 11/1/24 11/1/25 11/1/26 11/1/27 11/1/28 11/1/29 11/1/31 11/1/34

2,500 2,565 4,000 2,165 2,500 2,200 3,420 2,000 2,000 3,000 3,525 2,000 4,300 1,850 2,100 3,000 3,520 2,500 5,000 2,055 2,305 1,555 1,400 1,500 1,150

2,637 2,751 4,441 2,404 2,864 2,520 4,030 2,357 2,418 3,628 4,353 2,484 5,341 2,281 2,235 3,627 4,334 3,121 6,273 2,564 2,849 1,911 1,709 1,811 1,372 540,701

Texas (10.3%) Alamo TX Regional Mobility Authority Revenue Alamo TX Regional Mobility Authority Revenue Alamo TX Regional Mobility Authority Revenue Alamo TX Regional Mobility Authority Revenue Alamo TX Regional Mobility Authority Revenue Alamo TX Regional Mobility Authority Revenue Alamo TX Regional Mobility Authority Revenue Alamo TX Regional Mobility Authority Revenue Aldine TX Independent School District GO Aldine TX Independent School District GO Aldine TX Independent School District GO Alief TX Independent School District GO Allen TX Independent School District GO Allen TX Independent School District GO Arlington TX Independent School District GO Arlington TX Independent School District GO Austin TX Combined Utility System Revenue Austin TX Community College District Public Facilities Austin TX Community College District Public Facilities Austin TX Community College District Public Facilities Austin TX Community College District Public Facilities Austin TX Community College District Public Facilities Austin TX Electric Utility System Revenue Austin TX GO Austin TX GO Austin TX GO Austin TX GO Austin TX Independent School District GO Austin TX Independent School District GO Austin TX Independent School District GO Austin TX Independent School District GO Austin TX Independent School District GO Austin TX Water & Wastewater System Revenue Austin TX Water & Wastewater System Revenue Austin TX Water & Wastewater System Revenue Austin TX Water & Wastewater System Revenue Austin TX Water & Wastewater System Revenue Austin TX Water & Wastewater System Revenue Austin TX Water & Wastewater System Revenue Austin TX Water & Wastewater System Revenue Austin TX Water & Wastewater System Revenue Austin TX Water & Wastewater System Revenue

Corp. Corp. Corp. Corp. Corp.

Lease Lease Lease Lease Lease

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

Revenue Revenue Revenue Revenue Revenue

208

6/15/26 6/15/27 6/15/29 6/15/31 6/15/33 6/15/34 6/15/35 6/15/36 2/15/20 2/15/31 2/15/32 2/15/26 2/15/31 2/15/32 2/15/20 2/15/24 5/15/18 (14) 8/1/23 8/1/24 8/1/25 8/1/26 8/1/28 11/15/25 9/1/29 9/1/30 9/1/31 9/1/33 8/1/24 8/1/25 8/1/26 8/1/27 8/1/30 11/15/21 11/15/21 11/15/30 11/15/31 11/15/32 11/15/32 11/15/33 11/15/33 11/15/34 11/15/34

2,670 1,500 3,090 3,055 3,755 3,945 4,140 4,350 5,000 12,120 12,660 2,635 1,000 1,000 1,705 4,500 24,215 1,250 1,000 1,500 1,000 1,750 4,750 2,855 1,240 2,140 4,315 3,500 3,000 3,000 6,185 1,225 2,500 350 5,000 4,000 10,000 10,705 5,000 11,410 5,545 12,075

3,289 1,834 3,729 3,641 4,434 4,642 4,858 5,093 5,628 13,406 13,914 3,335 1,216 1,210 1,919 5,540 23,783 1,499 1,216 1,845 1,224 2,107 5,653 3,469 1,497 2,572 5,142 4,343 3,772 3,820 7,793 1,469 2,798 413 5,921 4,724 12,187 12,614 6,064 13,393 6,698 14,128

Intermediate-Term Tax-Exempt Fund

Coupon

3

Bexar County TX GO Camino Real Texas Mobility Authority Revenue Camino Real Texas Mobility Authority Revenue Camino Real Texas Mobility Authority Revenue Camino Real Texas Mobility Authority Revenue Camino Real Texas Mobility Authority Revenue Camino Real Texas Mobility Authority Revenue Camino Real Texas Mobility Authority Revenue Carrollton-Farmers Branch TX Independent School District GO Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Clifton TX Higher Education Finance Corp. Revenue (Baylor University) Clifton TX Higher Education Finance Corp. Revenue (Baylor University) Clifton TX Higher Education Finance Corp. Revenue (Baylor University) Clifton TX Higher Education Finance Corp. Revenue (Baylor University) Clifton TX Higher Education Finance Corp. Revenue (Baylor University) Clifton TX Higher Education Finance Corp. Revenue (Baylor University) Conroe TX Independent School District GO Corpus Christi TX GO Corpus Christi TX GO Corpus Christi TX GO Corpus Christi TX GO Corpus Christi TX GO Corpus Christi TX GO Cypress-Fairbanks TX Independent School District GO Cypress-Fairbanks TX Independent School District GO Dallas County TX Community College GO Dallas County TX GO Dallas County TX GO

5.000% 5.250% 5.250% 5.250% 5.250% 5.250% 5.250% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.750% 5.750% 5.000% 5.750% 5.000% 5.000% 5.000% 5.000% 0.000% 5.000% 0.000% 0.000% 5.000% 0.000% 0.000% 0.000% 5.000% 5.000% 0.000% 5.000% 5.000% 0.000% 5.000% 5.000% 5.000% 5.000% 0.000% 5.000% 5.000% 5.000% 0.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.000% 5.250% 5.250% 5.250% 5.250% 5.250% 5.250% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

209

Maturity Date 6/15/20 2/15/18 8/15/18 2/15/19 8/15/19 2/15/20 8/15/20 2/15/21 2/15/20 1/1/17 1/1/18 1/1/19 1/1/20 1/1/20 1/1/20 (Prere.) 1/1/21 1/1/21 (Prere.) 1/1/22 1/1/23 1/1/24 1/1/24 1/1/25 1/1/25 1/1/26 1/1/27 1/1/27 1/1/28 1/1/29 1/1/30 1/1/30 1/1/30 1/1/31 1/1/31 1/1/32 1/1/33 1/1/33 1/1/33 1/1/33 1/1/33 1/1/34 1/1/34 1/1/34 1/1/34 1/1/35 1/1/35 1/1/35 1/1/35 1/1/36 1/1/37 1/1/38 1/1/39 1/1/40 3/1/25 3/1/26 3/1/27 3/1/28 3/1/29 3/1/30 2/15/26 3/1/21 3/1/24 3/1/25 3/1/29 3/1/30 3/1/31 2/15/20 2/15/23 2/15/20 8/15/22 8/15/23

Face Amount ($000)

Market Value• ($000)

3,400 11,960 11,770 12,595 12,925 13,265 13,580 1,780 5,060 250 250 735 1,550 1,150 2,925 1,170 4,000 750 725 2,375 1,180 4,650 1,350 6,490 7,850 1,035 5,500 5,220 4,355 2,750 1,000 4,880 1,275 1,860 4,000 1,440 2,000 1,310 3,500 4,000 1,245 1,700 1,355 4,950 1,500 1,700 2,000 1,625 5,525 3,500 4,500 5,700 5,080 4,305 5,995 6,180 3,190 6,535 8,190 3,000 6,180 2,000 5,235 5,495 5,770 2,720 9,695 6,950 3,700 3,170

3,860 12,607 12,399 13,259 13,601 13,947 14,268 1,787 5,526 252 261 792 1,715 1,301 3,341 1,323 4,729 865 849 2,822 1,395 3,551 1,609 4,760 5,539 1,237 3,721 3,370 2,691 3,219 1,164 2,883 1,475 2,140 2,162 1,648 2,303 1,503 3,918 2,040 1,420 1,952 1,549 2,427 1,708 1,947 2,279 1,857 2,510 1,529 1,866 2,266 5,884 4,978 6,922 7,135 3,683 7,540 9,471 3,339 7,570 2,475 6,204 6,471 6,780 3,062 11,714 7,833 4,449 3,890

Intermediate-Term Tax-Exempt Fund

3

3 3

Dallas County TX GO Dallas County TX GO Dallas County TX Utility & Reclamation District GO Dallas County TX Utility & Reclamation District GO Dallas County TX Utility & Reclamation District GO Dallas County TX Utility & Reclamation District GO Dallas County TX Utility & Reclamation District GO Dallas County TX Utility & Reclamation District GO Dallas TX Area Rapid Transit Sales Tax Revenue Dallas TX Area Rapid Transit Sales Tax Revenue Dallas TX Area Rapid Transit Sales Tax Revenue Dallas TX Area Rapid Transit Sales Tax Revenue Dallas TX Area Rapid Transit Sales Tax Revenue Dallas TX Area Rapid Transit Sales Tax Revenue Dallas TX Civic Center Improvement Revenue Dallas TX Civic Center Improvement Revenue Dallas TX Civic Center Improvement Revenue Dallas TX Civic Center Improvement Revenue Dallas TX GO Dallas TX GO Dallas TX GO Dallas TX GO Dallas TX GO Dallas TX GO Dallas TX GO Dallas TX Independent School District GO Dallas TX Independent School District GO PUT Dallas TX Waterworks & Sewer System Revenue Dallas TX Waterworks & Sewer System Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Denton County TX GO Denton County TX GO Denton County TX GO Denton County TX GO Denton County TX GO Duncanville TX Independent School District GO Duncanville TX Independent School District GO El Paso TX GO El Paso TX GO El Paso TX GO El Paso TX GO El Paso TX GO El Paso TX GO El Paso TX GO El Paso TX GO El Paso TX Water & Sewer Revenue Fort Bend County TX GO Fort Bend County TX GO Fort Bend County TX GO Fort Worth TX GO Fort Worth TX GO Fort Worth TX GO Fort Worth TX GO Fort Worth TX Water & Sewer Revenue Fort Worth TX Water & Sewer Revenue Fort Worth TX Water & Sewer Revenue Fort Worth TX Water & Sewer Revenue Frisco TX GO Frisco TX Independent School District GO Frisco TX Independent School District GO

210

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 4.500% 4.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.250% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

8/15/24 8/15/25 2/15/24 2/15/25 2/15/25 2/15/25 2/15/26 2/15/27 12/1/18 12/1/18 12/1/27 12/1/29 12/1/30 12/1/35 8/15/23 8/15/24 8/15/25 8/15/26 2/15/22 2/15/22 2/15/23 2/15/24 2/15/25 2/15/28 2/15/34 2/15/24 2/15/18 10/1/18 10/1/21 11/1/20 11/1/28 11/1/28 11/1/29 11/1/29 11/1/30 11/1/30 11/1/30 11/1/31 11/1/32 11/1/33 7/15/21 7/15/24 7/15/25 7/15/32 7/15/33 2/15/30 2/15/31 8/15/30 8/15/31 8/15/31 8/15/32 8/15/34 8/15/35 8/15/36 8/15/36 3/1/25 3/1/19 3/1/20 3/1/21 3/1/18 3/1/24 3/1/25 3/1/26 2/15/21 2/15/29 2/15/30 2/15/31 2/15/19 8/15/24 8/15/25

4,175 6,500 8,000 8,360 11,245 11,245 8,000 8,160 11,385 14,130 2,295 1,195 2,160 1,300 9,880 8,345 5,050 1,650 22,840 45 11,000 8,500 3,000 5,635 3,000 17,450 15,000 2,000 10,000 2,740 7,335 2,235 6,360 14,950 14,195 6,680 12,500 7,750 5,775 9,000 1,500 1,500 1,555 3,000 2,000 10,785 11,120 3,400 4,000 2,985 3,625 4,570 4,795 4,000 5,035 1,050 4,970 2,500 2,750 1,490 9,070 10,155 10,235 5,000 6,155 6,430 6,255 2,010 4,000 3,235

5,197 8,203 9,666 10,163 11,392 11,392 9,791 10,002 12,232 15,182 2,742 1,418 2,547 1,543 10,799 9,097 5,505 1,794 27,109 54 13,318 10,483 3,741 6,865 3,539 20,180 15,583 2,156 11,790 2,740 8,401 2,703 7,285 18,064 16,741 7,617 15,060 9,106 6,761 10,503 1,758 1,870 1,966 3,313 2,197 12,953 13,290 3,769 4,813 3,592 4,338 5,413 5,661 4,708 5,926 1,299 5,421 2,814 3,181 1,552 11,145 12,612 12,882 5,790 7,034 7,274 7,076 2,194 4,966 4,070

(2) (2)

(Prere.) (Prere.)

(12) (12) (12) (12) (ETM)

Intermediate-Term Tax-Exempt Fund

4

2

4

Frisco TX Independent School District GO Garland TX Independent School District GO Grand Parkway Transportation Corp. Texas System Toll Revenue Grand Parkway Transportation Corp. Texas System Toll Revenue Grand Parkway Transportation Corp. Texas System Toll Revenue Grapevine-Colleyville TX Independent School District GO Grapevine-Colleyville TX Independent School District GO Grapevine-Colleyville TX Independent School District GO Grapevine-Colleyville TX Independent School District GO Grapevine-Colleyville TX Independent School District GO Harris County TX Cultural Education Facilities Finance Corp. Revenue (Methodist Hospital System) Harris County TX Cultural Education Facilities Finance Corp. Revenue (Methodist Hospital System) Harris County TX Cultural Education Facilities Finance Corp. Revenue (Methodist Hospital System) VRDO Harris County TX Cultural Education Facilities Finance Corp. Revenue (St. Luke’s Episcopal Health System) Harris County TX Cultural Education Facilities Finance Corp. Revenue (St. Luke’s Episcopal Health System) Harris County TX Cultural Education Facilities Finance Corp. Revenue (St. Luke’s Episcopal Health System) Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) TOB VRDO Harris County TX Flood Control District GO Harris County TX Flood Control District GO Harris County TX Flood Control District GO Harris County TX Flood Control District GO Harris County TX Flood Control District GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX GO Harris County TX Health Facilities Development Corp. Hospital Revenue (Memorial Hermann Healthcare System) Harris County TX Health Facilities Development Corp. Hospital Revenue (Texas Children’s Hospital) Harris County TX Health Facilities Development Corp. Revenue (Methodist Hospital System) VRDO Harris County TX Health Facilities Development Corp. Revenue (Methodist Hospital System) VRDO Harris County TX Metropolitan Transit Authority Revenue Harris County TX Metropolitan Transit Authority Revenue Harris County TX Metropolitan Transit Authority Revenue Harris County TX Metropolitan Transit Authority Revenue TOB VRDO Harris County TX Metropolitan Transportation Authority Lease Revenue Harris County TX Metropolitan Transportation Authority Lease Revenue Harris County TX Metropolitan Transportation Authority Lease Revenue Harris County TX Sports Authority Revenue Harris County TX Sports Authority Revenue Harris County TX Sports Authority Revenue Harris County TX Sports Authority Revenue Harris County TX Sports Authority Revenue Harris County TX Sports Authority Revenue Harris County TX Sports Authority Revenue

211

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 0.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250%

8/15/26 2/15/22 10/1/31 10/1/32 10/1/33 8/15/23 8/15/24 8/15/25 8/15/26 8/15/28 12/1/16 12/1/17

3,000 3,000 2,875 5,320 18,100 1,000 1,715 2,390 1,000 3,000 12,000 17,000

3,784 3,552 2,648 4,881 16,565 1,223 2,129 3,007 1,248 3,688 12,045 17,782

0.540%

11/1/16

30,820

30,820

5.000%

2/15/19 (Prere.)

10,225

11,158

5.000%

2/15/19 (ETM)

4,000

4,365

5.625% 5.000% 5.000% 5.000% 5.000% 5.000%

2/15/19 (Prere.) 10/1/23 10/1/24 10/1/28 10/1/29 10/1/30

40,730 2,000 3,000 3,110 7,340 2,185

45,023 2,423 3,687 3,774 8,859 2,615

0.580% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/16 10/1/26 10/1/27 10/1/28 10/1/29 10/1/29 10/1/17 10/1/17 10/1/18 10/1/20 10/1/21 8/15/25 10/1/25 10/1/25 8/15/26 10/1/27 10/1/28 10/1/29 10/1/30 8/15/34 10/1/35 10/1/36

35,330 6,000 5,000 3,000 10,000 2,000 4,000 4,705 4,090 1,020 8,000 4,000 8,000 5,755 2,500 6,335 6,660 6,490 5,405 3,120 4,215 6,545

35,330 7,377 6,087 3,634 12,247 2,406 4,156 4,888 4,407 1,170 9,169 5,014 10,055 7,233 3,165 7,871 8,229 7,960 6,585 3,697 5,026 7,788

7.000%

12/1/18 (Prere.)

5,000

5,627

5.000%

10/1/24

8,500

9,417

0.540%

11/1/16

15,605

15,605

0.540% 5.000% 5.000% 5.000% 0.750% 5.625% 5.875% 6.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/16 11/1/19 11/1/19 11/1/19 11/7/16 11/1/19 11/1/20 11/1/21 11/15/23 11/15/24 11/15/25 11/15/26 11/15/27 11/15/28 11/15/29

11,810 5,665 6,475 3,000 7,745 4,535 3,640 4,295 7,000 1,480 1,000 1,000 1,530 5,100 12,000

11,810 6,322 7,226 3,348 7,745 4,959 3,999 4,729 5,548 1,780 1,193 1,189 1,806 6,053 14,169

(Prere.) (Prere.) (Prere.)

(14)

Intermediate-Term Tax-Exempt Fund

1

Harris County TX Sports Authority Revenue Harris County TX Toll Road Revenue Harris County TX Toll Road Revenue Harris County TX Toll Road Revenue Houston TX Airport System Revenue Houston TX Airport System Revenue Houston TX Airport System Revenue Houston TX Airport System Revenue Houston TX Airport System Revenue Houston TX Airport System Revenue Houston TX Community College System GO Houston TX Community College System Revenue Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX GO Houston TX Hotel Occupancy Tax & Special Revenue (Convention Houston TX Hotel Occupancy Tax & Special Revenue (Convention Houston TX Hotel Occupancy Tax & Special Revenue (Convention Houston TX Hotel Occupancy Tax & Special Revenue (Convention Houston TX Hotel Occupancy Tax & Special Revenue (Convention Houston TX Hotel Occupancy Tax & Special Revenue (Convention Houston TX Independent School District GO Houston TX Independent School District GO Houston TX Independent School District GO Houston TX Independent School District GO Houston TX Independent School District GO Houston TX Independent School District GO Houston TX Independent School District GO Houston TX Independent School District GO Houston TX Independent School District GO PUT Houston TX Independent School District GO PUT Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue PUT Humble TX Independent School District GO Humble TX Independent School District GO Judson TX Independent School District Judson TX Independent School District Judson TX Independent School District Katy TX Independent School District GO Lake Travis TX Independent School District GO Lamar TX Consolidated Independent School District GO Laredo TX Community College District GO

& & & & & &

Entertainment Entertainment Entertainment Entertainment Entertainment Entertainment

Facilities) Facilities) Facilities) Facilities) Facilities) Facilities)

212

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000% 1.375% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.530% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/15/30 8/15/20 8/15/25 8/15/27 7/1/18 7/1/19 7/1/20 7/1/25 7/1/26 7/1/26 2/15/17 4/15/21 3/1/21 3/1/22 3/1/22 3/1/23 3/1/23 3/1/24 3/1/25 3/1/26 3/1/26 3/1/27 3/1/30 3/1/31 3/1/32 9/1/17 9/1/18 9/1/21 9/1/26 9/1/28 9/1/29 2/15/19 2/15/20 2/15/20 2/15/21 2/15/24 2/15/25 2/15/26 2/15/27 6/1/18 6/1/19 11/15/16 11/15/17 5/15/23 11/15/23 5/15/24 5/15/25 11/15/27 11/15/29 11/15/30 11/15/30 11/15/30 11/15/31 11/15/31 11/15/31 11/15/32 11/15/32 11/15/34 11/15/35 11/15/36 5/1/20 2/15/21 2/15/24 2/1/23 2/1/24 2/1/25 2/15/18 2/15/33 2/15/25 8/1/22

5,000 2,000 3,375 22,160 1,750 1,750 2,130 1,000 3,000 17,030 1,000 3,145 2,000 12,250 5,000 16,680 4,000 1,860 1,600 10,000 10,000 9,750 4,000 5,180 3,840 13,760 16,285 22,720 1,650 2,090 1,500 2,000 4,500 6,000 15,895 8,000 5,000 7,595 10,375 60,420 10,000 3,730 13,500 7,000 3,000 9,000 5,000 6,000 13,250 15,000 14,670 8,020 17,535 10,335 10,000 8,190 10,000 3,800 30,000 20,040 10,000 5,125 14,235 2,000 2,000 1,500 1,450 2,665 5,000 1,500

5,874 2,219 3,994 26,182 1,863 1,867 2,272 1,155 3,465 17,488 1,013 3,157 2,305 14,439 5,893 19,571 4,802 2,271 1,973 12,480 12,147 12,005 4,737 6,190 4,564 13,625 15,841 20,275 1,984 2,476 1,767 2,182 5,065 6,759 18,391 9,850 6,240 9,612 12,984 62,265 10,030 3,736 14,127 8,508 3,685 11,123 6,112 7,309 15,335 18,446 17,133 9,367 19,365 12,070 11,679 9,565 11,679 4,485 35,973 23,952 9,956 5,930 18,047 2,414 2,461 1,871 1,528 3,046 6,240 1,778

(14) (10)

(2) (2) (2)

(4)

Intermediate-Term Tax-Exempt Fund

4

Laredo TX Community College District GO Laredo TX Community College District GO Laredo TX Community College District GO Laredo TX Independent School District GO Leander TX Independent School District GO Leander TX Independent School District GO Lone Star College System Texas GO Lone Star College System Texas GO Lone Star College System Texas GO Lone Star College System Texas GO TOB VRDO Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) Lubbock TX GO Lubbock TX GO Lubbock TX GO Lubbock TX GO Lubbock TX GO Lubbock TX GO Lubbock TX GO Lubbock TX GO Mesquite TX Health Facilities Development Corp. Retirement Facility Revenue (Christian Care CentersInc. Project) Montgomery County TX GO Montgomery County TX GO Montgomery County TX GO New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (MRC Crestview Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (Wesleyan Homes Inc. Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (Wesleyan Homes Inc. Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (Wesleyan Homes Inc. Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Tarleton State University Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Tarleton State University Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Tarleton State University Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Texas A&M University Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Texas A&M University Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Texas A&M University Project) North East TX Independent School District GO North East TX Regional Mobility Authority Revenue

213

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 5.000% 5.000% 5.000% 0.660% 5.250% 5.250% 5.250% 5.250% 5.000% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000%

8/1/30 8/1/32 8/1/34 8/1/24 8/16/24 8/16/25 2/15/21 2/15/21 2/15/27 11/7/16 5/15/19 5/15/19 5/15/19 5/15/19 5/15/29 5/15/29 5/15/29 5/15/30 5/15/30 5/15/32 5/15/33

2,000 1,250 1,500 4,340 8,500 10,000 3,650 1,140 1,790 4,960 105 5 5 5 10,000 9,070 2,380 4,000 10,000 13,955 8,500

2,358 1,461 1,742 5,374 7,357 8,385 4,219 1,318 2,231 4,960 116 6 6 6 11,305 9,935 2,612 4,505 11,071 16,047 9,741

5.000%

5/15/24

1,025

1,255

5.000%

5/15/24

2,220

2,718

5.000%

5/15/25

1,350

1,671

5.000%

5/15/25

1,100

1,361

5.000%

5/15/31

1,635

1,932

5.000%

5/15/31

1,350

1,618

5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 4.000% 4.000%

5/15/32 2/15/23 2/15/27 2/15/29 2/15/30 2/15/31 2/15/31 2/15/32 2/15/33

1,400 700 5,735 4,335 6,660 1,500 4,120 1,425 1,000

1,649 833 6,575 4,970 7,570 1,661 4,683 1,566 1,094

5.125% 5.000% 5.000% 5.000%

2/15/30 3/1/28 3/1/31 3/1/32

1,000 20,225 16,450 16,910

1,106 24,966 19,839 20,269

4.000%

11/15/26

2,000

2,163

5.000%

1/1/24

1,300

1,414

5.250%

1/1/29

1,500

1,616

5.500%

1/1/35

1,400

1,506

5.000%

4/1/29

725

803

5.000%

4/1/30

845

935

5.000%

4/1/35

1,000

1,088

5.000%

7/1/25

2,250

2,586

5.000%

7/1/30

12,500

13,910

5.000% 5.000% 5.000%

7/1/35 8/1/19 1/1/25

8,300 11,455 1,350

9,074 12,697 1,604

(Prere.) (Prere.) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

3 3 3 3 3

North East TX Regional Mobility Authority Revenue North East TX Regional Mobility Authority Revenue North East TX Regional Mobility Authority Revenue North East TX Regional Mobility Authority Revenue North East TX Regional Mobility Authority Revenue North East TX Regional Mobility Authority Revenue North Harris County TX Regional Water Authority Revenue North Harris County TX Regional Water Authority Revenue North Harris County TX Regional Water Authority Revenue North Harris County TX Regional Water Authority Revenue North Harris County TX Regional Water Authority Revenue North Harris County TX Regional Water Authority Revenue North Texas Municipal Water District Water System Revenue North Texas Municipal Water District Water System Revenue North Texas Municipal Water District Water System Revenue North Texas Municipal Water District Water System Revenue North Texas Municipal Water District Water System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue Northside Independent School District Texas GO Northside Independent School District Texas GO Northside Independent School District Texas GO

214

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.125% 5.125% 5.125% 5.125% 5.125% 5.125% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.500% 6.000% 6.000% 6.000% 6.000% 6.000% 6.000% 6.000% 6.000% 6.000% 6.000% 6.000% 6.000% 6.000% 5.000% 5.000% 6.250% 5.000% 5.000% 6.000% 5.000% 5.000% 5.000% 6.000% 6.000% 5.000% 6.000% 5.000% 5.000% 6.000% 6.000% 5.500% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000%

1/1/26 1/1/27 1/1/28 1/1/29 1/1/30 1/1/36 12/15/18 12/15/18 12/15/18 12/15/18 12/15/18 12/15/18 9/1/18 9/1/20 9/1/21 9/1/22 9/1/23 1/1/17 1/1/18 1/1/18 1/1/18 1/1/18 1/1/18 1/1/18 1/1/18 1/1/18 1/1/18 1/1/19 1/1/19 1/1/20 1/1/21 1/1/22 1/1/23 1/1/23 2/1/23 1/1/24 1/1/24 1/1/24 1/1/25 1/1/25 1/1/25 1/1/25 1/1/25 1/1/26 1/1/26 1/1/27 1/1/27 1/1/27 1/1/28 9/1/28 1/1/29 9/1/29 1/1/30 9/1/30 9/1/30 1/1/31 1/1/31 1/1/31 9/1/31 9/1/31 1/1/32 1/1/32 1/1/33 1/1/34 1/1/34 1/1/35 1/1/36 2/15/18 2/15/23 6/15/23

1,415 1,485 1,560 1,640 1,470 9,000 7,410 5,895 5,250 6,225 8,920 8,040 3,925 6,935 7,275 6,000 7,000 4,750 4,000 19,380 36,270 22,840 17,275 9,680 4,450 3,855 3,460 15,000 2,620 2,720 5,085 3,205 1,865 7,750 46,470 1,400 9,000 2,425 3,300 2,000 8,000 625 1,360 10,000 540 2,000 4,100 490 600 1,250 5,000 4,130 5,250 9,000 3,150 15,180 12,400 11,040 28,500 4,000 48,000 3,595 43,500 33,000 1,500 1,000 1,800 1,000 3,110 3,015

1,688 1,763 1,838 1,914 1,703 10,309 8,072 6,421 5,719 6,781 9,717 8,758 4,201 7,904 8,514 7,187 8,539 4,788 4,211 20,538 38,438 24,205 18,308 10,259 4,716 4,085 3,667 15,860 2,902 2,870 5,356 3,379 2,217 9,271 52,756 1,692 10,935 2,547 4,068 2,448 9,672 658 1,438 12,038 568 2,411 4,917 516 662 1,484 6,000 4,844 6,178 10,433 3,651 17,832 14,126 12,951 32,965 4,627 56,079 4,275 50,614 38,266 1,768 1,174 2,107 1,039 3,752 3,665

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

Coupon

3

3 3 3 3

Northside Independent School District Texas GO Northwest Independent School District Texas GO Northwest Independent School District Texas GO Northwest TX Independent School District GO Pasadena TX GO Pasadena TX GO Plano TX Independent School District GO Plano TX Independent School District GO Plano TX Independent School District GO Plano TX Independent School District GO Plano TX Independent School District GO Red River TX Education Finance Corp. Revenue (Edwards University Project) Red River TX Education Finance Corp. Revenue (Edwards University Project) Red River TX Education Finance Corp. Revenue (Edwards University Project) Red River TX Education Finance Corp. Revenue (Edwards University Project) Red River TX Education Finance Corp. Revenue (Edwards University Project) Red River TX Education Finance Corp. Revenue (Edwards University Project) Richardson TX Independent School District GO Round Rock TX Independent School District GO SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue Sabine River Authority TX Pollution Control Revenue (Southwestern Electric Power Co. Project) Sam Rayburn TX Municipal Power Agency Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX GO San Antonio TX Independent School District GO San Antonio TX Independent School District GO San Antonio TX Independent School District GO San Antonio TX Independent School District GO San Antonio TX Independent School District GO San Antonio TX Water Revenue San Antonio TX Water Revenue San Antonio TX Water Revenue San Antonio TX Water Revenue Schertz-Cibolo-Universal City TX Independent School District GO Southwest Texas Higher Education Authority Inc. Revenue (Southern Methodist University Project) Southwest Texas Higher Education Authority Inc. Revenue (Southern Methodist University Project) Southwest Texas Higher Education Authority Inc. Revenue (Southern Methodist University Project) Spring Branch TX Independent School District GO Spring Branch TX Independent School District GO Spring Branch TX Independent School District GO

215

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.250% 5.250% 5.500% 5.500% 5.500% 5.500% 5.500% 5.500% 4.950% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.000%

2/15/24 2/15/25 2/15/26 2/15/20 2/15/29 2/15/30 2/15/19 2/15/20 2/15/21 2/15/25 2/15/26 6/1/25 6/1/26 6/1/27 6/1/28 6/1/29 6/1/36 2/15/21 8/1/19 8/1/17 8/1/18 8/1/19 8/1/20 8/1/21 8/1/23 8/1/25 8/1/27 3/1/18 (14) 10/1/20 2/1/20 2/1/22 2/1/23 2/1/23 2/1/24 2/1/25 2/1/26 2/1/30 2/1/31 2/1/32 2/1/17 8/1/17 (Prere.) 8/1/17 (Prere.) 2/1/23 2/1/25 2/1/26 2/1/26 2/1/27 2/1/27 2/1/27 2/1/28 2/1/29 8/15/26 8/15/27 8/15/29 8/15/31 8/15/32 5/15/33 5/15/34 5/15/35 5/15/36 2/1/18

5,000 10,000 6,380 3,240 1,000 1,750 7,500 21,580 7,000 15,365 8,215 1,000 700 900 705 1,420 1,000 3,000 5,360 16,100 18,985 22,010 9,465 3,010 200 4,105 910 16,000 1,000 5,860 20,000 5,890 52,060 15,515 14,750 9,275 2,710 3,000 16,950 16,075 5,685 6,030 12,630 10,000 5,800 2,500 4,915 4,045 1,750 1,000 1,250 7,370 5,840 8,475 6,345 2,800 6,210 7,000 6,500 6,565 2,060

6,147 12,480 7,906 3,543 1,119 1,940 8,176 24,291 8,099 19,175 10,397 1,201 849 1,085 840 1,680 1,062 3,478 5,934 16,568 20,227 24,347 10,792 3,516 242 5,024 1,141 16,707 1,129 6,590 23,714 7,125 62,974 19,123 18,383 11,723 3,204 3,531 18,812 16,211 5,868 6,224 15,303 12,489 7,193 3,040 6,050 5,117 2,115 1,202 1,502 9,390 7,362 10,525 7,783 3,415 7,501 8,421 7,794 7,847 2,113

5.000%

10/1/19 (Prere.)

9,100

10,135

5.000%

10/1/19 (Prere.)

4,375

4,873

5.000% 5.000% 5.000% 5.000%

10/1/19 (Prere.) 2/1/20 2/1/20 2/1/21

2,250 7,000 3,830 2,500

2,506 7,870 4,306 2,889

Intermediate-Term Tax-Exempt Fund

2

Spring TX Independent School District GO Spring TX Independent School District GO Spring TX Independent School District GO Spring TX Independent School District GO Spring TX Independent School District GO Stephen F Austin TX State University Revenue Stephen F Austin TX State University Revenue Stephen F Austin TX State University Revenue Stephen F Austin TX State University Revenue Sugar Land TX GO Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Baylor Scott & White Healthcare Project) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Baylor Scott & White Healthcare Project) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Baylor Scott & White Healthcare Project) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Baylor Scott & White Healthcare Project) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Baylor Scott & White Healthcare Project) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Baylor Scott & White Healthcare Project) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Baylor Scott & White Healthcare Project) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Baylor Scott & White Healthcare Project) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Methodist Hospitals of Dallas) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Scott & White Healthcare Project) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Scott & White Healthcare Project) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Scott & White Healthcare Project) Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (CHRISTUS Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (CHRISTUS Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (CHRISTUS Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (CHRISTUS Temple TX GO Temple TX GO Texas A&M University System Permanent University Fund Revenue Texas A&M University System Revenue Board of Regents Revenue Texas A&M University System Revenue Board of Regents Revenue Texas A&M University System Revenue Board of Regents Revenue Texas A&M University System Revenue Financing System Revenue Texas GO Texas GO Texas GO Texas GO Texas GO Texas GO Texas GO Texas GO Texas GO Texas GO Texas GO Texas GO Texas GO Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue

Health) Health) Health) Health)

216

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

8/15/24 8/15/25 8/15/28 8/15/29 8/15/32 10/15/24 10/15/25 10/15/26 10/15/29 2/15/30

5,080 3,655 7,850 4,315 6,165 650 600 1,400 1,000 3,445

6,307 4,598 9,650 5,262 7,396 798 743 1,747 1,216 3,853

5.000%

11/15/28

3,750

4,553

5.000%

11/15/29

5,500

6,648

5.000%

11/15/30

3,000

3,613

5.000%

11/15/31

1,500

1,795

5.000%

11/15/32

2,750

3,276

4.000%

11/15/34

3,000

3,229

4.000%

11/15/35

3,500

3,755

4.000%

11/15/36

2,000

2,139

5.250%

10/1/31

21,880

25,832

5.000%

8/15/20 (Prere.)

2,985

3,414

5.000%

8/15/20 (Prere.)

13,495

15,433

23,855 8,570 9,000 9,455 16,500 1,665 1,525 3,335 9,425 10,935 11,355 3,940 3,165 6,335 3,845 3,000 5,150 19,055 4,000 5,420 8,000 10,000 33,600 5,295 31,975 32,125 5,000 6,000 10,510 3,645 8,000 1,650 5,000 32,710 12,000 10,000 12,125

27,281 8,798 9,570 10,366 18,142 1,721 1,577 3,689 10,996 13,067 13,864 4,548 3,268 7,066 4,419 3,448 5,993 23,018 4,998 6,853 9,909 12,162 40,786 6,498 38,629 33,008 5,612 6,885 12,176 4,251 9,331 1,967 5,730 40,163 13,664 11,253 13,587

5.000% 5.000% 5.000% 5.000% 6.250% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.625% 5.000% 5.000% 5.250% 5.250% 5.000% 5.250% 5.000% 6.250% 5.000% 5.000% 5.000%

8/15/20 7/1/17 7/1/18 7/1/19 7/1/28 8/1/17 8/1/17 7/1/19 5/15/21 5/15/22 5/15/23 7/1/30 8/1/17 10/1/19 10/1/20 10/1/20 4/1/21 10/1/22 10/1/24 10/1/25 10/1/26 4/1/27 10/1/27 10/1/27 10/1/28 12/15/17 12/15/20 12/15/21 12/15/21 12/15/22 12/15/23 12/15/23 12/15/25 12/15/26 12/15/27 12/15/29 12/15/31

(Prere.)

(12) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

3

3

3

1

1

3

2

Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Power Agency Revenue Texas Municipal Power Agency Revenue Texas Municipal Power Agency Revenue Texas Private Activity Surface Transportation Corp. Revenue Texas Private Activity Surface Transportation Corp. Revenue Texas Public Finance Authority Revenue (Unemployment Compensation) Texas State University System Financing System Revenue Texas State University System Financing System Revenue Texas State University System Financing System Revenue Texas State University System Financing System Revenue Texas State University System Financing System Revenue Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission Mobility Fund GO Texas Transportation Commission Mobility Fund GO Texas Transportation Commission Mobility Fund GO Texas Transportation Commission Mobility Fund GO PUT Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue Texas Transportation Commission Revenue PUT Texas Transportation Commission Revenue PUT Texas Transportation Commission Turnpike System Revenue Texas Transportation Commission Turnpike System Revenue Texas Transportation Commission Turnpike System Revenue Texas Transportation Commission Turnpike System Revenue Texas Transportation Commission Turnpike System Revenue Texas Transportation Commission Turnpike System Revenue Texas Transportation Commission Turnpike System Revenue Texas Turnpike Authority Central Texas Turnpike System Revenue Texas Turnpike Authority Central Texas Turnpike System Revenue Texas Water Development Board Revenue Texas Water Development Board Revenue Texas Water Development Board Revenue Texas Water Development Board Revenue Texas Water Development Board Revenue Texas Water Development Board Revenue Texas Water Development Board Revenue Texas Water Development Board Revenue Texas Water Financial Assistance GO Tomball TX Independent School District GO Tomball TX Independent School District GO Tomball TX Independent School District GO University of Houston Texas Revenue University of Houston Texas Revenue University of Houston Texas Revenue University of Houston Texas Revenue

217

Coupon

Maturity Date

5.000% 0.000% 0.000% 0.000% 7.500% 7.500% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 1.010% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.980% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.750% 5.000% 4.750% 4.000%

12/15/32 9/1/17 9/1/17 9/1/17 12/31/31 6/30/32 1/1/18 3/15/25 3/15/27 3/15/28 3/15/30 3/15/31 4/1/20 4/1/21 4/1/21 4/1/22 4/1/22 4/1/22 10/1/22 10/1/23 4/1/24 10/1/24 4/1/25 10/1/25 4/1/26 4/1/27 4/1/33 4/1/34 10/1/20 10/1/21 10/1/25 10/1/18 4/1/17 4/1/17 4/1/17 10/1/19 10/1/19 4/1/20 10/1/20 4/1/21 4/1/22 10/1/24 10/1/25 4/1/17 10/1/21 8/15/29 8/15/30 8/15/31 8/15/32 8/15/32 8/15/33 8/15/34 8/15/20 8/15/20 4/15/20 4/15/20 7/15/20 10/15/20 4/15/21 4/15/21 10/15/21 10/15/31 8/1/20 2/15/19 2/15/23 2/15/24 2/15/18 2/15/21 2/15/28 2/15/29

(ETM) (14)(ETM) (14)(ETM)

(Prere.) (Prere.) (Prere.)

(ETM) (2)

(Prere.) (Prere.) (4)

Face Amount ($000)

Market Value• ($000)

2,500 445 7,675 23,590 32,000 47,510 5,890 750 1,200 3,870 3,255 4,480 9,500 4,800 5,500 14,000 10,245 5,000 7,000 13,000 6,000 20,670 10,050 33,700 13,550 3,635 20,300 15,000 14,910 3,500 16,250 75,000 20,000 5,000 23,405 10,000 6,000 5,000 41,500 17,500 13,490 35,000 25,355 12,000 11,500 4,000 10,375 36,155 15,000 40,730 53,165 9,485 3,515 6,485 2,300 3,185 3,800 1,000 4,950 3,000 3,300 8,000 2,000 3,210 5,000 10,000 6,430 255 2,185 4,340

2,787 442 7,611 23,377 37,784 56,945 5,907 899 1,431 4,402 3,699 5,085 10,748 5,586 6,400 16,703 12,264 5,965 8,456 16,005 7,439 25,828 12,407 41,989 16,640 4,572 24,572 18,087 17,136 4,127 20,546 74,604 20,358 5,089 23,824 11,145 6,687 5,658 47,644 20,364 16,094 43,734 32,059 11,995 12,892 4,672 12,059 41,795 17,420 46,929 61,097 10,879 3,338 6,088 2,525 3,605 4,207 1,148 5,760 3,491 3,889 9,754 2,218 3,499 6,041 12,372 6,753 296 2,278 4,806

Intermediate-Term Tax-Exempt Fund

Coupon

3 3

3 3

3

University of Houston Texas Revenue University of Houston Texas Revenue University of Houston Texas Revenue University of Texas Permanent University Fund University of Texas Permanent University Fund University of Texas Permanent University Fund University of Texas Permanent University Fund University of Texas Permanent University Fund University of Texas Permanent University Fund University of Texas Permanent University Fund University of Texas System Revenue Financing University of Texas System Revenue Financing University of Texas System Revenue Financing University of Texas System Revenue Financing University of Texas System Revenue Financing University of Texas System Revenue Financing University of Texas System Revenue Financing University of Texas System Revenue Financing University of Texas System Revenue Financing University of Texas System Revenue Financing University of Texas System Revenue Financing University of Texas System Revenue Financing University of Texas System Revenue Financing University of Texas System Revenue Financing Williamson County TX GO

5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.750% 5.000% 5.000% 5.000%

Revenue Revenue Revenue Revenue Revenue Revenue Revenue System Revenue System Revenue System Revenue System Revenue System Revenue System Revenue System Revenue System Revenue System Revenue System Revenue System Revenue System Revenue System Revenue System Revenue

Maturity Date 2/15/29 2/15/31 2/15/32 7/1/19 7/1/24 7/1/25 7/1/25 7/1/26 7/1/26 7/1/27 2/15/17 (Prere.) 8/15/18 8/15/19 8/15/20 8/15/20 8/15/20 8/15/20 8/15/21 8/15/21 8/15/25 8/15/26 8/15/30 8/15/31 8/15/32 2/15/23

Face Amount ($000)

Market Value• ($000)

4,745 4,865 4,875 24,000 3,920 8,095 3,000 6,250 5,500 5,000 4,585 1,540 2,725 9,785 2,700 6,300 4,370 4,110 4,500 6,000 4,000 6,610 9,835 4,180 6,000

5,446 5,294 5,271 26,546 4,883 10,198 3,780 7,843 7,016 6,335 4,638 1,648 3,016 9,906 3,087 7,192 4,986 4,834 5,278 7,605 5,128 6,687 11,599 4,925 7,130 5,449,987

Utah (0.4%) Alpine UT School District GO Central Utah Water Conservancy District GO Central Utah Water Conservancy District GO Central Utah Water Conservancy District GO Central Utah Water Conservancy District GO Central Utah Water Conservancy District GO Central Utah Water Conservancy District GO Intermountain Power Agency Utah Power Supply Revenue Intermountain Power Agency Utah Power Supply Revenue Riverton UT Hospital Revenue (IHC Health Services Inc.) Salt Lake & Sandy UT Metropolitan Water District Revenue Utah Associated Municipal Power Systems Revenue (Horse Butte Wind Project) Utah Associated Municipal Power Systems Revenue (Horse Butte Wind Project) Utah Board of Regents Student Loan Revenue Utah Board of Regents Student Loan Revenue Utah GO Utah GO Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Washington County UT School District GO

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.500% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

3/15/20 4/1/26 4/1/27 4/1/28 4/1/28 4/1/29 10/1/32 7/1/22 7/1/23 8/15/19 7/1/32 9/1/27 9/1/28 11/1/22 11/1/23 7/1/19 7/1/19 6/15/26 6/15/27 6/15/28 6/15/29 12/15/29 6/15/30 6/15/31 6/15/32 6/15/33 6/15/34 3/1/21

12,135 6,155 4,000 3,000 765 7,000 5,640 2,000 1,045 2,100 2,000 4,060 4,260 10,800 4,200 11,200 19,000 1,350 2,230 2,250 9,005 3,100 6,680 4,515 10,330 10,510 7,105 6,150

13,729 7,124 4,634 3,473 883 8,089 6,631 2,133 1,114 2,323 2,337 4,731 4,941 12,230 4,739 12,254 21,037 1,652 2,710 2,708 10,762 3,448 7,934 5,336 12,129 12,296 8,295 7,159 186,831

Vermont (0.0%) Vermont Educational & Health Buildings Financing Agency Hospital Revenue (Fletcher Allen Health Care Project) Vermont Educational & Health Buildings Financing Agency Revenue (Middlebury College Project)

5.000% 5.000%

6/1/18 (Prere.) 11/1/31

8,000 4,130

8,513 4,916 13,429

Virgin Islands (0.0%) Virgin Islands Public Finance Authority Revenue Virgin Islands Public Finance Authority Revenue

5.000% 5.000%

10/1/18 10/1/24

4,500 1,025

4,552 1,011 5,563

Virginia (1.8%) Arlington County VA GO Chesapeake VA Toll Road Revenue

5.000% 5.000%

218

8/15/19 7/15/23

1,000 1,600

1,111 1,848

Intermediate-Term Tax-Exempt Fund

Chesterfield County VA Water & Sewer Revenue Chesterfield County VA Water & Sewer Revenue Chesterfield County VA Water & Sewer Revenue Chesterfield County VA Water & Sewer Revenue Chesterfield County VA Water & Sewer Revenue Chesterfield County VA Water & Sewer Revenue Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) Fairfax County VA Economic Development Authority Transportation District Improvement Revenue (Silver Line Phase I Project) Fairfax County VA Economic Development Authority Transportation District Improvement Revenue (Silver Line Phase I Project) Fairfax County VA Economic Development Authority Transportation District Improvement Revenue (Silver Line Phase I Project) Fairfax County VA GO Fairfax County VA GO Fairfax County VA GO Fairfax County VA GO Fairfax County VA GO Fairfax County VA GO Fairfax County VA GO Fairfax County VA GO Fairfax County VA Industrial Development Authority Health Care Revenue (Inova Health System Obligated Group) Fairfax County VA Public Improvement GO Fairfax County VA Public Improvement GO Fairfax County VA Public Improvement GO Fairfax County VA Public Improvement GO Fairfax County VA Public Improvement GO Fairfax County VA Public Improvement GO Fairfax County VA Water Authority Revenue Fredericksburg VA Economic Development Authority Hospital Facilities Revenue (MediCorp Health System Obligated Group) Hampton VA GO Henrico County VA GO Henrico County VA Water & Sewer Revenue Newport News VA Economical Development Authority Residential Care Facilities Revenue Newport News VA Economical Development Authority Residential Care Facilities Revenue Norfolk VA Water Revenue Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) Stafford County VA Economic Development Authority Hospital Facilities Revenue (Mary Washington Healthcare Obligated Group) Stafford County VA Economic Development Authority Hospital Facilities Revenue (Mary Washington Healthcare Obligated Group) Stafford County VA Economic Development Authority Hospital Facilities Revenue (Mary Washington Healthcare Obligated Group) Stafford County VA Economic Development Authority Hospital Facilities Revenue (Mary Washington Healthcare Obligated Group) Stafford County VA Economic Development Authority Hospital Facilities Revenue (Mary Washington Healthcare Obligated Group) Stafford County VA Economic Development Authority Hospital Facilities Revenue (Mary Washington Healthcare Obligated Group) Stafford County VA Economic Development Authority Hospital Facilities Revenue (Mary Washington Healthcare Obligated Group) Suffolk VA GO Virginia Beach VA Development Authority Public Facility Revenue Virginia Beach VA Development Authority Public Facility Revenue Virginia Beach VA Development Authority Public Facility Revenue Virginia Beach VA Development Authority Public Facility Revenue Virginia Beach VA GO Virginia Beach VA GO Virginia Beach VA GO Virginia Beach VA GO Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs)

219

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/21 11/1/22 11/1/23 11/1/24 11/1/25 11/1/26 10/1/22 10/1/24 10/1/33

3,860 6,000 5,315 5,365 3,285 2,005 7,945 5,195 2,000

4,581 7,301 6,597 6,775 4,201 2,599 9,582 6,474 2,371

5.000%

4/1/20 (Prere.)

9,730

11,020

5.000%

4/1/20 (Prere.)

5,000

5,663

5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 4.000%

4/1/20 (Prere.) 10/1/19 10/1/20 10/1/21 10/1/23 10/1/24 10/1/25 10/1/25 10/1/27

4,890 5,800 1,000 1,000 10,000 10,000 4,000 5,000 18,275

5,538 6,308 1,151 1,184 12,391 12,610 4,756 6,367 21,514

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

5/15/25 4/1/18 (Prere.) 4/1/20 10/1/21 10/1/21 (Prere.) 10/1/21 (Prere.) 4/1/23 4/1/25

2,000 2,050 10,940 4,315 7,315 10,315 10,465 2,500

2,189 2,170 12,402 5,109 8,654 12,203 12,831 2,969

5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/15/23 1/15/20 7/15/21 5/1/28 12/1/24 12/1/25 11/1/19 7/1/21 7/1/22 7/1/25 7/1/25 7/1/26

2,500 3,000 4,900 3,175 1,720 1,750 2,615 2,500 3,040 1,400 10,375 1,475

2,899 3,264 5,766 4,020 1,950 1,989 2,921 2,904 3,617 1,627 11,668 1,704

5.000%

6/15/25

1,000

1,222

5.000%

6/15/26

1,700

2,090

5.000%

6/15/27

1,500

1,824

5.000%

6/15/28

1,550

1,852

5.000%

6/15/33

1,000

1,159

5.000%

6/15/34

2,500

2,884

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000%

6/15/35 2/1/23 7/15/17 7/15/17 7/15/17 7/15/17 9/15/20 5/1/22 5/1/23 5/1/24

2,500 5,000 5,665 5,335 5,125 5,955 6,195 4,300 4,300 4,300

2,879 6,101 5,837 5,497 5,281 6,136 6,893 5,166 5,276 5,372

5.000%

2/1/17

1,000

1,011

(Prere.) (Prere.) (Prere.) (Prere.)

Intermediate-Term Tax-Exempt Fund

3 3 3 3 3 3

3

3

Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) Virginia College Building Authority Educational Facilities Revenue (Public Higher Education Financing Program) Virginia College Building Authority Educational Facilities Revenue (Public Higher Education Financing Program) Virginia College Building Authority Educational Facilities Revenue (Public Higher Education Financing Program) Virginia College Building Authority Educational Facilities Revenue (Public Higher Education Financing Program) Virginia College Building Authority Educational Facilities Revenue (Public Higher Education Financing Program) Virginia College Building Authority Educational Facilities Revenue (Public Higher Education Financing Program) Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia GO Virginia GO Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public School Authority Revenue Virginia Public School Authority Revenue Virginia Public School Authority Revenue Virginia Public School Authority School Technology & Security Notes Revenue Virginia Public School Authority School Technology & Security Notes Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

2/1/18

10,595

10,705

5.000%

2/1/19

18,575

20,234

5.000%

2/1/19

10,415

11,345

5.000%

2/1/20

17,655

19,867

5.000%

2/1/21

17,540

20,313

5.000%

2/1/22

1,000

1,187

5.000%

2/1/28

5,840

6,744

4.000%

2/1/31

18,000

20,028

4.000%

2/1/32

20,225

22,329

4.000%

2/1/33

21,035

23,115

5.000%

9/1/19

2,000

2,222

5.000%

9/1/20

3,715

4,249

5.000%

9/1/22

18,000

21,655

4.000%

9/1/30

4,515

5,064

4.000%

9/1/31

3,710

4,134

4,900 2,360 7,475 2,500 5,000 4,400 2,000 2,000 7,960 2,790 21,000 1,800 5,035 9,155 5,040 10,325 2,000 2,100 13,765 12,560 5,260 30,140 31,550 10,000 14,380 14,530 7,815 8,290 11,000 8,715 7,660 9,165 8,055 11,540 4,815 8,000 2,500 13,570 5,000

5,424 2,460 8,308 2,821 5,725 5,106 2,352 2,375 9,736 3,360 25,041 2,163 6,026 11,559 6,032 13,120 2,392 2,507 15,976 14,700 6,272 34,874 36,506 11,674 15,506 16,048 8,068 9,184 12,186 9,953 8,748 10,753 9,451 13,590 5,074 8,846 2,771 15,368 5,662

4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000%

220

9/1/32 3/15/18 9/15/19 3/15/20 9/15/20 3/15/21 9/15/21 3/15/22 5/15/23 3/15/24 5/15/24 9/15/24 9/15/25 3/15/26 3/15/26 9/15/26 9/15/26 3/15/27 5/15/27 5/15/27 9/15/27 5/15/30 5/15/31 5/15/31 6/1/19 6/1/20 8/1/17 8/1/19 8/1/19 8/1/20 8/1/20 8/1/21 8/1/21 8/1/21 (Prere.) 8/1/18 8/1/20 8/1/20 4/15/20 4/15/20

Intermediate-Term Tax-Exempt Fund

Virginia Public School Authority School Technology & Security Notes Revenue Virginia Resources Authority Clean Water Revenue (State Revolving Fund) Virginia Resources Authority Clean Water Revenue (State Revolving Fund) Virginia Resources Authority Clean Water Revenue (State Revolving Fund) Virginia Resources Authority Clean Water Revenue (State Revolving Fund) Virginia Resources Authority Infrastructure Revenue Winchester VA Economic Development Authority Hospital Revenue (Valley Health Obligated Group) Winchester VA Economic Development Authority Hospital Revenue (Valley Health Obligated Group) Winchester VA Economic Development Authority Hospital Revenue (Valley Health Obligated Group) Winchester VA Economic Development Authority Hospital Revenue (Valley Health Obligated Group)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

4/15/21 10/1/22 10/1/22 10/1/23 10/1/23 11/1/20

11,000 7,760 8,500 9,985 5,845 3,625

12,815 9,413 10,306 12,350 7,212 4,173

5.000%

1/1/31

3,000

3,586

5.000%

1/1/32

2,115

2,506

5.000%

1/1/33

2,500

2,940

5.000%

1/1/34

3,000

3,517 961,004

Washington (2.8%) Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue TOB VRDO Energy Northwest Washington Electric Revenue (Columbia Generating Station) Energy Northwest Washington Electric Revenue (Columbia Generating Station) Energy Northwest Washington Electric Revenue (Columbia Generating Station) Energy Northwest Washington Electric Revenue (Columbia Generating Station) Energy Northwest Washington Electric Revenue (Columbia Generating Station) Energy Northwest Washington Electric Revenue (Columbia Generating Station) Energy Northwest Washington Electric Revenue (Columbia Generating Station) Energy Northwest Washington Electric Revenue (Columbia Generating Station) Energy Northwest Washington Electric Revenue (Columbia Generating Station) Energy Northwest Washington Electric Revenue (Columbia Generating Station) Energy Northwest Washington Electric Revenue (Project No. 1) Energy Northwest Washington Electric Revenue (Project No. 1) Energy Northwest Washington Electric Revenue (Project No. 1) Energy Northwest Washington Electric Revenue (Project No. 1) Energy Northwest Washington Electric Revenue (Project No. 1) Energy Northwest Washington Electric Revenue (Project No. 3) Energy Northwest Washington Electric Revenue (Project No. 3) Energy Northwest Washington Electric Revenue (Project No. 3) Grays Harbor County WA Public Utility District No. 1 Revenue Grays Harbor County WA Public Utility District No. 1 Revenue Grays Harbor County WA Public Utility District No. 1 Revenue Grays Harbor County WA Public Utility District No. 1 Revenue Grays Harbor County WA Public Utility District No. 1 Revenue King County WA (Bellevue School District) GO King County WA (Bellevue School District) GO King County WA (Bellevue School District) GO King County WA GO King County WA GO King County WA School District No. 414 GO King County WA School District No. 414 GO King County WA School District No. 414 GO King County WA School District No. 414 GO 2 King County WA Sewer Revenue King County WA Sewer Revenue Pierce County WA School District No. 10 (Tacoma) GO Pierce County WA School District No. 10 (Tacoma) GO Pierce County WA School District No. 10 (Tacoma) GO Pierce County WA School District No. 10 (Tacoma) GO Port of Seattle WA Passenger Facility Charge Revenue Port of Seattle WA Passenger Facility Charge Revenue Port of Seattle WA Passenger Facility Charge Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue 4

221

0.580% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.750% 5.000% 5.000% 5.000% 5.000% 5.750% 5.000% 3.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/16 7/1/19 7/1/20 7/1/22 7/1/23 7/1/24 7/1/30 7/1/30 7/1/31 7/1/31 7/1/32 7/1/24 7/1/25 7/1/25 7/1/26 7/1/27 7/1/26 7/1/27 7/1/28 1/1/27 1/1/28 1/1/29 1/1/30 1/1/31 12/1/27 12/1/28 12/1/29 7/1/20 1/1/34 6/1/19 12/1/19 12/1/20 12/1/21 1/1/18 (Prere.) 1/1/20 6/1/17 12/1/17 6/1/20 12/1/20 12/1/17 12/1/20 12/1/22 6/1/22 2/1/25 3/1/25 2/1/26 3/1/26 2/1/27 3/1/27 8/1/27 3/1/28 8/1/28 3/1/29

6,900 25,500 20,000 3,250 3,500 1,250 6,000 3,250 1,000 10,000 5,000 1,615 5,385 12,500 13,000 19,000 24,500 19,750 13,000 1,000 1,000 1,200 1,575 1,625 16,505 17,335 18,200 5,075 3,075 1,620 4,815 5,615 7,910 2,500 4,000 2,000 3,000 2,000 3,600 1,000 3,000 5,525 2,000 1,605 1,500 2,500 1,000 3,000 1,000 8,635 1,750 7,485 2,000

6,900 28,163 22,780 3,894 4,273 1,551 7,217 3,922 1,200 11,965 5,955 2,004 6,757 15,685 15,117 23,320 31,141 24,835 15,847 1,205 1,196 1,423 1,853 1,902 19,058 20,016 21,015 5,786 3,199 1,783 5,387 6,458 9,320 2,643 4,491 2,027 3,137 2,202 4,147 1,043 3,419 6,287 2,266 1,982 1,849 3,114 1,221 3,701 1,213 10,103 2,108 8,726 2,392

Intermediate-Term Tax-Exempt Fund

Coupon

3 3

2 2

Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Seattle WA GO Seattle WA Municipal Light & Power Revenue Seattle WA Water System Revenue Seattle WA Water System Revenue Skagit County WA Public Hospital District Revenue Skagit County WA Public Hospital District Revenue Snohomish County WA School District No. 15 (Edmonds) GO Snohomish County WA School District No. 15 (Edmonds) GO Snohomish County WA School District No. 15 (Edmonds) GO Snohomish County WA School District No. 201 GO Tobacco Settlement Authority Washington Revenue Tobacco Settlement Authority Washington Revenue University of Washington Revenue University of Washington Revenue University of Washington Revenue University of Washington Revenue University of Washington Revenue University of Washington Revenue University of Washington Revenue University of Washington Revenue University of Washington Revenue Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington (Motor Vehicle Fuel Tax) GO Washington Economic Development Finance Authority Lease (Washington Biomedical Research Properties 2) Washington Economic Development Finance Authority Lease (Washington Biomedical Research Properties 2) Washington Economic Development Finance Authority Lease (Washington Biomedical Research Properties 2) Washington Economic Development Finance Authority Lease (Washington Biomedical Research Properties 2) Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000%

Maturity Date 3/1/30 6/1/30 8/1/30 8/1/31 6/1/21 2/1/20 5/1/19 5/1/24 12/1/24 12/1/25 12/1/29 12/1/30 12/1/31 12/1/18 (Prere.) 6/1/27 6/1/28 7/1/27 4/1/28 7/1/28 7/1/29 4/1/30 7/1/30 4/1/31 4/1/32 7/1/32 8/1/17 1/1/18 8/1/19 (Prere.) 7/1/20 8/1/23 8/1/25 8/1/26 7/1/27 7/1/27 7/1/28 6/1/29 6/1/30 7/1/30 7/1/31 7/1/31 8/1/33 8/1/34

Face Amount ($000)

Market Value• ($000)

2,000 6,000 8,000 5,500 16,395 7,945 12,000 12,610 2,295 3,760 3,700 3,000 3,650 5,500 10,000 17,670 6,925 10,195 11,490 7,500 9,315 10,495 10,500 11,375 5,000 2,070 1,940 3,185 5,780 5,435 5,260 6,175 14,900 5,000 19,710 10,545 7,525 8,000 23,685 9,520 6,800 11,640

2,369 6,703 9,389 6,445 19,225 8,935 13,188 15,606 2,484 4,044 4,421 3,558 4,307 5,994 10,185 18,732 8,150 11,820 13,479 8,759 10,660 12,421 11,992 12,971 5,917 2,137 2,034 3,530 6,583 6,515 6,297 7,389 18,190 6,104 23,929 12,298 8,703 9,724 25,801 11,502 8,025 13,706

Revenue 5.000%

6/1/27

1,410

1,720

5.000%

6/1/29

1,435

1,725

5.000%

6/1/31

2,165

2,574

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/1/32 7/1/17 7/1/17 7/1/18 2/1/19 7/1/19 8/1/19 6/1/20 7/1/20 7/1/20 8/1/20 7/1/22 7/1/22 7/1/22 7/1/23 7/1/24 7/1/24 1/1/25 7/1/25 7/1/27 8/1/27

1,460 7,295 32,460 5,000 6,790 6,940 4,845 5,500 2,705 13,035 4,730 9,845 23,500 20,000 10,000 2,875 5,000 1,750 50,585 8,550 7,495

1,728 7,503 33,400 5,340 7,398 7,665 5,370 5,241 2,781 14,847 5,400 11,796 28,157 23,963 11,964 3,560 5,982 2,023 62,291 10,438 9,254

Revenue Revenue Revenue

222

(Prere.) (Prere.) (Prere.) (Prere.) (14)

Intermediate-Term Tax-Exempt Fund

Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington GO Washington Health Care Facilities Authority Revenue (Central Washington Health Services Association) Washington Health Care Facilities Authority Revenue (Central Washington Health Services Association) Washington Health Care Facilities Authority Revenue (Central Washington Health Services Association) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (PeaceHealth) Washington Health Care Facilities Authority Revenue (PeaceHealth) Washington Health Care Facilities Authority Revenue (PeaceHealth) Washington Health Care Facilities Authority Revenue (PeaceHealth) Washington Health Care Facilities Authority Revenue (PeaceHealth) Washington Health Care Facilities Authority Revenue (Providence Health & Services) Washington Health Care Facilities Authority Revenue (Providence Health & Services) PUT Washington Health Care Facilities Authority Revenue (Seattle Cancer Care Alliance) Washington Higher Education Facilities Authority Revenue (Gonzaga University Project) Washington Higher Education Facilities Authority Revenue (Gonzaga University Project) Washington Higher Education Facilities Authority Revenue (Gonzaga University Project) Washington Higher Education Facilities Authority Revenue (Gonzaga University Project) Washington Housing Finance Commission Multi-Family Housing Revenue (Emerald Heights Project) Washington Housing Finance Commission Multi-Family Housing Revenue (Emerald Heights Project) Washington State University General Revenue Washington State University General Revenue Washington State University General Revenue Washington State University General Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/1/28 8/1/28 2/1/29 2/1/30 2/1/30 7/1/30 8/1/30 6/1/31 7/1/31 8/1/31 8/1/31 2/1/32 6/1/32 8/1/32

10,000 20,210 9,650 13,740 8,545 20,730 20,980 5,250 20,300 13,860 10,145 6,170 5,500 29,775

11,565 24,866 11,156 16,501 10,159 25,198 24,372 6,072 24,526 16,567 12,376 7,131 6,361 35,264

5.000%

7/1/27

2,675

3,124

5.000%

7/1/28

2,160

2,504

5.000% 5.000% 5.250% 5.250% 5.250% 5.250% 5.250% 5.250% 5.250% 5.250% 5.250% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/29 8/15/18 8/15/18 8/15/18 8/15/18 8/15/18 8/15/18 8/15/18 8/15/18 8/15/19 8/15/20 8/15/21 8/15/22 11/1/18 11/15/23 11/1/24 11/15/25 11/15/27 10/1/32 10/1/21 3/1/32 4/1/19 4/1/19 4/1/19 4/1/19

1,755 2,000 3,675 3,550 3,925 3,425 3,550 3,625 3,800 3,800 4,250 6,525 5,500 23,000 1,500 19,830 1,710 1,035 3,785 2,700 2,800 2,580 3,005 4,470 2,000

2,020 2,144 3,960 3,825 4,229 3,690 3,825 3,906 4,094 4,227 4,726 7,243 6,092 24,746 1,826 21,833 2,081 1,229 4,352 3,024 3,287 2,827 3,293 4,899 2,192

5.000%

7/1/28

1,675

1,886

5.000% 5.000% 5.000% 5.000% 5.000%

7/1/33 10/1/28 10/1/29 10/1/30 10/1/31

2,840 3,070 3,070 3,140 3,170

3,137 3,588 3,572 3,656 3,682

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(Prere.) (Prere.) (Prere.) (Prere.)

1,463,372 West Virginia (0.3%) West Virginia Economic Development Authority Lottery Revenue West Virginia Economic Development Authority Lottery Revenue West Virginia Economic Development Authority Lottery Revenue West Virginia Economic Development Authority Lottery Revenue West Virginia Economic Development Authority Lottery Revenue West Virginia Economic Development Authority Lottery Revenue West Virginia Higher Education Policy Commission Revenue West Virginia Higher Education Policy Commission Revenue West Virginia Higher Education Policy Commission Revenue West Virginia Higher Education Policy Commission Revenue West Virginia Hospital Finance Authority Hospital Revenue (Charleston West Virginia Hospital Finance Authority Hospital Revenue (Charleston West Virginia Hospital Finance Authority Hospital Revenue (Charleston West Virginia Hospital Finance Authority Hospital Revenue (Charleston West Virginia Hospital Finance Authority Hospital Revenue (Charleston

Area Area Area Area Area

Medical Medical Medical Medical Medical

Center Center Center Center Center

223

Inc.) Inc.) Inc.) Inc.) Inc.)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.125%

6/15/19 6/15/21 6/15/22 6/15/23 6/15/25 6/15/27 4/1/25 4/1/27 4/1/28 4/1/29 9/1/17 9/1/18 9/1/19 9/1/20 9/1/21

1,395 3,500 2,055 1,745 2,445 5,085 2,000 1,500 2,000 2,000 6,335 4,985 2,990 3,560 3,265

1,535 3,969 2,324 1,970 2,747 5,681 2,348 1,749 2,315 2,303 6,534 5,310 3,275 3,908 3,585

Intermediate-Term Tax-Exempt Fund

West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical West Virginia Hospital Finance Authority Hospital Revenue (United Health System Obligated Group) West Virginia Hospital Finance Authority Hospital Revenue (United Health System Obligated Group) West Virginia Hospital Finance Authority Hospital Revenue (United Health System Obligated Group) West Virginia Hospital Finance Authority Hospital Revenue (United Health System Obligated Group) West Virginia Hospital Finance Authority Hospital Revenue (United Health System Obligated Group) West Virginia Hospital Finance Authority Hospital Revenue (United Health System Obligated Group) West Virginia Hospital Finance Authority Hospital Revenue (United Health System Obligated Group) West Virginia Hospital Finance Authority Hospital Revenue (United Health System Obligated Group) West Virginia School Building Authority Excess Lottery Revenue West Virginia School Building Authority Excess Lottery Revenue West Virginia University Revenue West Virginia University Revenue West Virginia Water Development Authority Infrastructure Excess Lottery Revenue (Chesapeake Bay/Greenbrier River Projects) West Virginia Water Development Authority Infrastructure Excess Lottery Revenue (Chesapeake Bay/Greenbrier River Projects) West Virginia Water Development Authority Infrastructure Excess Lottery Revenue (Chesapeake Bay/Greenbrier River Projects)

Center Center Center Center Center

Inc.) Inc.) Inc.) Inc.) Inc.)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000%

9/1/24 9/1/25 9/1/26 9/1/27 9/1/28

2,840 2,880 2,280 2,840 3,095

3,420 3,438 2,702 3,336 3,610

5.000%

6/1/18 (ETM)

1,920

2,044

5.000%

6/1/19 (Prere.)

12,620

13,899

4.000%

6/1/29

5,490

6,084

4.000%

6/1/30

5,500

6,051

4.000%

6/1/31

3,250

3,556

4.000%

6/1/32

8,700

9,465

4.000%

6/1/34

9,500

10,245

4,500 2,500 5,810 1,500 3,000

4,833 2,681 6,231 1,557 3,464

4.000% 5.250% 5.250% 5.000% 5.000%

6/1/35 7/1/18 (Prere.) 7/1/18 (Prere.) 10/1/17 10/1/30

5.000%

7/1/27

2,710

3,285

5.000%

7/1/31

3,435

4,105

5.000%

7/1/33

3,690

4,372 147,931

Wisconsin (1.1%) Central Brown County WI Water Authority Water System Revenue Central Brown County WI Water Authority Water System Revenue Central Brown County WI Water Authority Water System Revenue Central Brown County WI Water Authority Water System Revenue Central Brown County WI Water Authority Water System Revenue Central Brown County WI Water Authority Water System Revenue Madison WI Community Development Authority Revenue (Wisconsin Alumni Research Project) Madison WI Community Development Authority Revenue (Wisconsin Alumni Research Project) Milwaukee WI GO Milwaukee WI GO Milwaukee WI GO Milwaukee WI Metropolitan Sewer District GO Milwaukee WI Sewerage System Revenue Milwaukee WI Sewerage System Revenue Wisconsin Clean Water Revenue Wisconsin GO 2 Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO Wisconsin GO

224

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.250% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.000% 5.000%

11/1/30 11/1/31 11/1/32 11/1/33 11/1/34 11/1/35 10/1/18 10/1/19 2/1/19 3/15/19 3/15/20 10/1/22 6/1/24 6/1/25 6/1/17 11/1/17 5/1/18 5/1/18 5/1/18 5/1/18 5/1/18 5/1/19 5/1/19 5/1/19 5/1/20 5/1/20 5/1/20 11/1/20 5/1/21 5/1/22 5/1/22 5/1/25 5/1/27 5/1/27 5/1/27 5/1/28

(Prere.) (2) (ETM)

(Prere.)

1,890 2,000 2,000 1,500 1,500 1,500 1,640 3,705 3,000 8,490 9,930 2,690 3,995 4,200 1,000 4,500 7,135 4,050 3,800 7,485 7,770 4,700 12,000 3,885 2,305 1,000 2,915 7,000 9,335 1,195 10,425 7,500 2,750 1,400 10,000 2,060

2,238 2,357 2,348 1,755 1,749 1,743 1,765 4,121 3,266 9,083 10,885 3,279 4,928 5,241 1,019 4,692 7,578 4,302 4,037 7,948 8,254 5,169 13,198 4,273 2,615 1,136 3,310 8,063 10,889 1,350 12,106 8,910 3,252 1,655 11,181 2,429

Intermediate-Term Tax-Exempt Fund

2

Wisconsin GO Wisconsin Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Care) Wisconsin Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Care) Wisconsin Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Care) Wisconsin Health & Educational Facilities Authority Health Facilities Revenue (SSM Health Care) Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Alliance Credit Group) Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Alliance Credit Group) Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Alliance Credit Group) Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Alliance Credit Group) Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Alliance Credit Group) Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Alliance Credit Group) PUT Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) Wisconsin Health & Educational Facilities Authority Revenue (Children’s Hospital of Wisconsin Inc.) Wisconsin Health & Educational Facilities Authority Revenue (Hospital Sisters Services Inc. Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Hospital Sisters Services Inc. Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) Wisconsin Health & Educational Facilities Authority Revenue (Marshfield Clinic Health System Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Marshfield Clinic Health System Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Marshfield Clinic Health System Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Marshfield Clinic Health System Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (Medical College Wisconsin) Wisconsin Health & Educational Facilities Authority Revenue (Medical College Wisconsin) Wisconsin Health & Educational Facilities Authority Revenue (Ministry Health Care Inc.) Wisconsin Health & Educational Facilities Authority Revenue (ProHealth Care Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (ProHealth Care Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (ProHealth Care Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (ProHealth Care Obligated Group) Wisconsin Petroleum Inspection Fee Revenue Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Power System Power Supply System Revenue Wisconsin Public Power System Power Supply System Revenue Wisconsin Transportation Revenue Wisconsin Transportation Revenue Wisconsin Transportation Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000%

5/1/29 6/1/19 6/1/20 6/1/21 6/1/22

1,715 4,110 3,240 5,230 3,295

2,020 4,500 3,652 5,913 3,712

4.000%

11/15/32

8,000

8,708

4.000%

11/15/33

50,545

54,754

4.000%

11/15/34

33,500

36,145

4.000%

11/15/35

25,000

26,867

5.000%

11/15/36

13,950

16,503

5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000%

6/1/21 7/15/28 4/15/29 7/1/28 7/1/29 7/1/30 7/1/31 7/1/32

34,215 8,500 11,700 765 685 940 990 1,045

39,664 9,575 13,030 895 795 1,084 1,135 1,192

5.375%

8/15/24

5,900

6,618

5.000%

11/15/28

12,110

14,528

5.000% 5.000% 5.000% 5.000% 5.000%

11/15/29 10/1/24 10/1/28 10/1/29 10/1/30

12,000 700 1,865 1,500 1,660

14,343 831 2,166 1,735 1,919

5.000%

2/15/24

2,310

2,727

5.000%

2/15/25

2,435

2,897

5.000%

2/15/26

940

1,123

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

2/15/27 12/1/34 12/1/35 8/15/22 (Prere.) 8/15/30 8/15/31 8/15/33 8/15/34 7/1/19 6/1/25 6/1/26 6/1/26 6/1/27 6/1/28 6/1/29 6/1/30 6/1/33 7/1/32 7/1/33 7/1/17 7/1/18 (Prere.) 7/1/30

1,685 7,000 6,340 11,800 2,000 1,650 1,250 1,250 8,710 2,130 3,680 6,285 4,625 6,955 4,295 7,675 5,895 4,000 3,500 3,000 5,100 5,000

1,994 8,369 7,543 14,245 2,330 1,915 1,440 1,437 9,393 2,593 4,504 7,614 5,569 8,313 5,098 9,058 6,897 4,642 4,048 3,087 5,446 5,867 582,557

Total Tax-Exempt Municipal Bonds (Cost $50,134,172)

52,505,280

225

Intermediate-Term Tax-Exempt Fund

Coupon

Shares

0.614%

11,466,017

Market Value• ($000)

Temporary Cash Investment (2.2%) Money Market Fund (2.2%) 5 Vanguard Municipal Cash Management Fund (Cost $1,146,605) Total Investments (101.3%) (Cost $51,280,777)

1,146,601 53,651,881 Amount ($000)

Other Assets and Liabilities (-1.3%) Other Assets Investment in Vanguard Receivables for Investment Securities Sold Receivables for Accrued Income Receivables for Capital Shares Issued Other Assets

4,051 128,825 617,686 47,276 2,724

Total Other Assets

800,562

Liabilities Payables for Investment Securities Purchased Payables for Capital Shares Redeemed Payables for Distributions Payables to Vanguard Other Liabilities

(1,352,936) (43,334) (35,321) (34,342) (815)

Total Liabilities

(1,466,748)

Net Assets (100%)

52,985,695

At October 31, 2016, net assets consisted of: Amount ($000) Paid-in Capital Undistributed Net Investment Income Accumulated Net Realized Losses Unrealized Appreciation (Depreciation) Investment Securities Futures Contracts

50,648,395 222 (34,548)

Net Assets

52,985,695

2,371,104 522

Investor Shares—Net Assets Applicable to 315,345,813 outstanding $.001 par value shares of beneficial interest (unlimited authorization) Net Asset Value Per Share—Investor Shares

4,513,040 $14.31

Admiral Shares—Net Assets Applicable to 3,386,995,716 outstanding $.001 par value shares of beneficial interest (unlimited authorization) Net Asset Value Per Share—Admiral Shares

48,472,655 $14.31

• See Note A in Notes to Financial Statements. 1 Adjustable-rate security. 2 Securities with a value of $17,779,000 have been segregated as initial margin for open futures contracts. 3 Security purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of October 31, 2016. 4 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 October 31, 2016, the aggregate value of these securities was $466,722,000, representing 0.9% of net assets. 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.

226

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.

227

Intermediate-Term Tax-Exempt Fund

Statement of Operations

Statement of Changes in Net Assets

Year Ended October 31, 2016

Year Ended October 31,

($000) Investment Income 1,442,643

Net Investment Income

Total Income

1,442,643

Realized Net Gain (Loss) Change in Unrealized Appreciation (Depreciation)

Expenses

Net Increase (Decrease) in Net Assets Resulting from Operations

The Vanguard Group—Note B Investment Advisory Services

5,325

Management and Administrative— Investor Shares

6,792

Marketing and Distribution— Admiral Shares

1,393,548

1,265,531

Operations

Interest1

Marketing and Distribution— Investor Shares

2015 ($000)

Increase (Decrease) in Net Assets

Income

Management and Administrative— Admiral Shares

2016 ($000)

31,638

16,815

296,758

(226,382)

1,721,944

1,055,964

Distributions Net Investment Income

30,361 1,099 4,283

Custodian Fees

497

Investor Shares

(124,432)

(134,008)

Admiral Shares

(1,268,748)

(1,130,815)

Realized Capital Gain Investor Shares

—

—

Admiral Shares

—

—

(1,393,180)

(1,264,823)

Total Distributions Capital Share Transactions

36

Investor Shares

59,375

(195,148)

Shareholders’ Reports—Investor Shares

244

Admiral Shares

7,880,106

5,557,644

Shareholders’ Reports—Admiral Shares

434

Net Increase (Decrease) from Capital Share Transactions

7,939,481

5,362,496

Total Increase (Decrease)

8,268,245

5,153,637

Auditing Fees

Trustees’ Fees and Expenses Total Expenses Net Investment Income

24 49,095 1,393,548

Realized Net Gain (Loss) Investment Securities Sold1 Futures Contracts Realized Net Gain (Loss)

32,650

Net Assets Beginning of Period

44,717,450

39,563,813

End of Period1

52,985,695

44,717,450

1 Net Assets—End of Period includes undistributed (overdistributed) net investment income of $222,000 and $257,000.

(1,012) 31,638

Change in Unrealized Appreciation (Depreciation) Investment Securities

296,118

Futures Contracts Change in Unrealized Appreciation (Depreciation)

640 296,758

Net Increase (Decrease) in Net Assets Resulting from Operations 1,721,944 1 Interest income and realized net gain (loss) from affiliated companies of the fund were $3,417,000 and ($1,000), respectively.

See accompanying Notes, which are an integral part of the Financial Statements. 228

Intermediate-Term Tax-Exempt Fund

Financial Highlights Investor Shares For a Share Outstanding Throughout Each Period Net Asset Value, Beginning of Period

Year Ended October 31, 2016

2015

2014

2013

2012

$14.19

$14.26

$13.84

$14.41

$13.75

Investment Operations .393

.413

Net Realized and Unrealized Gain (Loss) on Investments

Net Investment Income

.440

.433

.449

.120

(.070)

.420

(.570)

.660

Total from Investment Operations

.513

.343

.860

(.137)

1.109

(.393)

(.413)

(.440)

(.433)

(.449)

Distributions Dividends from Net Investment Income Distributions from Realized Capital Gains Total Distributions

—

—

(.393)

(.413)

— (.440)

— (.433)

— (.449)

Net Asset Value, End of Period

$14.31

$14.19

$14.26

$13.84

$14.41

Total Return1

3.63%

2.44%

6.31%

-0.96%

8.15%

Net Assets, End of Period (Millions)

$4,513

$4,416

$4,637

$4,878

$6,976

Ratio of Total Expenses to Average Net Assets

0.19%

0.20%

0.20%

0.20%

0.20%

Ratio of Net Investment Income to Average Net Assets

2.72%

2.91%

3.13%

3.06%

3.15%

9%

12%

12%

16%

11%

Ratios/Supplemental Data

Portfolio Turnover Rate

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 For a Share Outstanding Throughout Each Period Net Asset Value, Beginning of Period

Year Ended October 31, 2016

2015

2014

2013

2012

$14.19

$14.26

$13.84

$14.41

$13.75

Investment Operations Net Investment Income

.407

.425

Net Realized and Unrealized Gain (Loss) on Investments

.451

.445

.460

.120

(.070)

.420

(.570)

.660

Total from Investment Operations

.527

.355

.871

(.125)

1.120

(.407)

(.425)

(.451)

(.445)

(.460)

Distributions Dividends from Net Investment Income Distributions from Realized Capital Gains Total Distributions

—

—

(.407)

(.425)

— (.451)

— (.445)

— (.460)

Net Asset Value, End of Period

$14.31

$14.19

$14.26

$13.84

$14.41

Total Return1

3.73%

2.53%

6.39%

-0.88%

8.24%

Ratios/Supplemental Data Net Assets, End of Period (Millions)

$48,473

$40,302

$34,927

$29,278

$30,729

Ratio of Total Expenses to Average Net Assets

0.09%

0.12%

0.12%

0.12%

0.12%

Ratio of Net Investment Income to Average Net Assets

2.82%

2.99%

3.21%

3.14%

3.23%

9%

12%

12%

16%

11%

Portfolio Turnover Rate

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. 229

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 acquired over 60 days to maturity 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. Other temporary cash investments are valued at amortized cost, which approximates market 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 year ended October 31, 2016, 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 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.

230

Intermediate-Term Tax-Exempt Fund

The fund had no borrowings outstanding at October 31, 2016, or at any time during the period then ended. 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 October 31, 2016, the fund had contributed to Vanguard capital in the amount of $4,051,000, representing 0.01% of the fund’s net assets and 1.62% 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 October 31, 2016, based on the inputs used to value them: Level 1 ($000)

Level 2 ($000)

Tax-Exempt Municipal Bonds

—

52,505,280

—

Temporary Cash Investments

1,146,601

—

—

Futures Contracts—Assets1

922

—

—

Futures Contracts—Liabilities1

(56)

—

—

1,147,467

52,505,280

—

Investments

Total

Level 3 ($000)

1 Represents variation margin on the last day of the reporting period.

D. At October 31, 2016, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were: ($000)

Futures Contracts

Expiration

Number of Long (Short) Contracts

Aggregate Settlement Value Long (Short)

Unrealized Appreciation (Depreciation)

5-Year U.S. Treasury Note

December 2016

7,183

867,684

194

10-Year U.S. Treasury Note

December 2016

2,009

260,417

328 522

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes. 231

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 used capital loss carryforwards of $17,375,000 to offset taxable capital gains realized during the year ended October 31, 2016. At October 31, 2016, the fund had available capital losses totaling $18,686,000 to offset future net capital gains through October 31, 2019. At October 31, 2016, the cost of investment securities for tax purposes was $51,296,117,000. Net unrealized appreciation of investment securities for tax purposes was $2,355,764,000, consisting of unrealized gains of $2,450,137,000 on securities that had risen in value since their purchase and $94,373,000 in unrealized losses on securities that had fallen in value since their purchase. F. During the year ended October 31, 2016, the fund purchased $13,113,694,000 of investment securities and sold $4,394,114,000 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 year ended October 31, 2016, such purchases and sales were $2,134,576,000 and $1,141,431,000 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: Year Ended October 31, 2016

2015

Amount ($000)

Shares (000)

Amount ($000)

Shares (000)

1,384,586

96,067

1,130,585

79,643

100,014

6,938

106,294

7,484

(1,425,225)

(98,861)

(1,432,027)

(101,123)

59,375

4,144

(195,148)

(13,996)

12,256,425

850,439

9,658,491

680,355

891,655

61,843

800,114

56,351

(5,267,974)

(365,660)

(4,900,961)

(345,664)

7,880,106

546,622

5,557,644

391,042

Investor Shares Issued Issued in Lieu of Cash Distributions Redeemed Net Increase (Decrease)—Investor Shares Admiral Shares Issued Issued in Lieu of Cash Distributions Redeemed Net Increase (Decrease)—Admiral Shares

H. Management has determined that no material events or transactions occurred subsequent to October 31, 2016, that would require recognition or disclosure in these financial statements.

232

Long-Term Tax-Exempt Fund Fund Profile As of October 31, 2016

Share-Class Characteristics

Largest Area Concentrations2

Distribution by Stated Maturity (% of portfolio)

Investor Shares

Admiral Shares

California

16.5%

Under 1 Year

4.4%

Ticker Symbol

VWLTX

VWLUX

New York

14.9

1–3 Years

6.6

Expense Ratio1

0.20%

0.12%

Texas

9.4

3–5 Years

2.6

30-Day SEC Yield

1.99%

2.11%

Illinois

7.2

5–10 Years

9.4

Florida

6.8

10–20 Years

42.4

Pennsylvania

4.9

20–30 Years

31.0

Bloomberg Barclays Municipal Bond Fund Index

New Jersey

3.3

Over 30 Years

Michigan

2.8

Georgia

2.3

Massachusetts

2.1

1,488

Top Ten

Financial Attributes

Number of Bonds

49,796

Yield to Maturity (before expenses)

2.2%

2.0%

Average Coupon

4.8%

4.8%

Average Duration Average Stated Maturity Short-Term Reserves

70.2%

Volatility Measures Bloomberg Barclays Municipal Bond Index

6.6 years 5.9 years 16.1 years 12.9 years 2.5%

— R-Squared Beta

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

3.6

Distribution by Credit Quality (% of portfolio) AAA

13.6%

AA

55.4

A

21.6

BBB

6.8

BB

0.2

B or Lower

0.8

0.97

Not Rated

1.6

1.17

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 Short Med.

Average Maturity Credit Quality

Long

High Medium Low

1 The expense ratios shown are from the prospectus dated February 26, 2016, and represent estimated costs for the current fiscal year. For the fiscal year ended October 31, 2016, the expense ratios were 0.19% for Investor Shares and 0.09% for Admiral Shares. 2 Percentage of net assets, excluding any futures contracts. 233

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.

Cumulative Performance: October 31, 2006–October 31, 2016 Initial Investment of $10,000 $19,000 15,785

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

Average Annual Total Returns Periods Ended October 31, 2016 One Year

6,000

Ten Years

Final Value of a $10,000 Investment

5.16%

4.67%

$15,785

4.34

4.57

15,637

3.92

14,696

Five Years

Long-Term Tax-Exempt Fund Investor Shares

5.39%

Bloomberg Barclays Municipal Bond Index

4.06

General & Insured Municipal Debt Funds Average1

4.34

4.55

One Year

Five Years

Ten Years

Final Value of a $50,000 Investment

Long-Term Tax-Exempt Fund Admiral Shares

5.50%

5.25%

4.75%

$79,554

Bloomberg Barclays Municipal Bond Index

4.06

4.34

4.57

1 Derived from data provided by Lipper, a Thomson Reuters Company. See Financial Highlights for dividend and capital gains information. 234

78,184

Long-Term Tax-Exempt Fund

Fiscal-Year Total Returns (%): October 31, 2006–October 31, 2016

Investor Shares Income Returns

Fiscal Year

Capital Returns

Total Returns

Bloomberg Barclays Municipal Bond Index Total Returns

2007

4.57%

-2.20%

2008

4.28

-9.02

-4.74

2.37%

-3.30

2.91%

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

Average Annual Total Returns: Periods Ended September 30, 2016 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 Investor Shares

9/1/1977

Admiral Shares

2/12/2001

One Year Five Years

Income

Capital

Total

7.01%

5.32%

4.23%

0.63%

4.86%

7.11

5.41

4.31

0.63

4.94

235

Long-Term Tax-Exempt Fund

Financial Statements Statement of Net Assets As of October 31, 2016

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).

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5,950 6,195 6,445 10,945 3,325 5,000 8,455 2,500 2,500 7,145 5,775 2,535 325 12,500 8,780 10,000 15,525 2,000

6,782 6,920 7,149 12,415 3,754 5,840 9,860 2,912 2,808 8,583 6,892 2,961 375 10,367 10,436 12,541 18,996 2,293

Tax-Exempt Municipal Bonds (98.7%) Alabama (1.3%) Alabama GO Alabama GO Alabama GO Alabama Incentives Financing Authority Special Obligation Revenue Alabama Incentives Financing Authority Special Obligation Revenue Alabama Port Authority Docks Facilities Revenue Auburn University Alabama General Fee Revenue Birmingham AL GO Birmingham AL GO Birmingham AL Water Works Board Water Revenue Birmingham AL Water Works Board Water Revenue Huntsville AL GO Huntsville AL GO Jefferson County AL Sewer Revenue Jefferson County AL Sewer Revenue Jefferson County AL Sewer Revenue Jefferson County AL Sewer Revenue Selma AL Industrial Development Board Revenue (International Paper Co. Project)

4.000% 4.000% 4.000% 5.000% 5.000% 6.000% 5.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.000% 0.000% 6.000% 7.000% 6.500% 5.375%

11/1/29 11/1/30 11/1/31 9/1/37 9/1/42 10/1/40 6/1/42 3/1/27 3/1/37 1/1/32 1/1/33 5/1/21 (Prere.) 5/1/26 10/1/42 (4) 10/1/42 10/1/51 10/1/53 12/1/35

131,884 Alaska (0.2%) Alaska Housing Finance Corp. General Housing Revenue Alaska Housing Finance Corp. General Housing Revenue Alaska Industrial Development & Export Authority Revenue (Providence Health & Services)

5.000% 5.000% 5.500%

12/1/26 12/1/28 10/1/41

6,620 3,995 6,000

8,066 4,775 6,831 19,672

Arizona (1.0%) Arizona Board Regents Arizona State University System Revenue Arizona COP Arizona Transportation Board Excise Tax Revenue Arizona Transportation Board Highway Revenue Buckeye AZ Excise Tax Revenue Buckeye AZ Excise Tax Revenue Maricopa County AZ Industrial Development Authority Hospital System Revenue (Samaritan Health Services) Maricopa County AZ Pollution Control Corp. Revenue (Southern California Edison Co.) Mesa AZ Utility System Revenue Phoenix AZ Civic Improvement Corp. Airport Revenue Phoenix AZ Civic Improvement Corp. Airport Revenue Phoenix AZ Civic Improvement Corp. Water System Revenue Pima County AZ Sewer Revenue Pima County AZ Sewer Revenue 1 Pinal County AZ Electric District Revenue Salt Verde AZ Financial Corp. Gas Revenue Salt Verde AZ Financial Corp. Gas Revenue Salt Verde AZ Financial Corp. Gas Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 7.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.250% 5.250% 5.250%

6/1/37 3/1/18 (Prere.) 7/1/25 7/1/22 (Prere.) 7/1/35 7/1/43 12/1/16 (ETM) 6/1/35 7/1/31 7/1/21 7/1/22 7/1/34 7/1/26 7/1/27 7/1/32 12/1/20 12/1/24 12/1/27

3,750 12,140 8,925 11,175 4,480 11,690

4,314 12,808 10,990 13,457 5,174 13,347

1,200 5,500 7,250 4,000 6,375 10,000 2,000 1,000 1,000 515 2,220 785

1,206 6,107 8,073 4,545 7,230 10,947 2,372 1,184 1,063 583 2,695 973 107,068

Arkansas (0.1%) Springdale AR Public Facilities Board Hospital Revenue (Arkansas Children’s Northwest Inc.) University of Arkansas Revenue (Fayetteville Campus) University of Arkansas Revenue (Fayetteville Campus)

5.000% 5.000% 5.000%

3/1/40 11/1/31 11/1/32

5,265 2,170 2,845

6,190 2,553 3,333 12,076

California (16.5%) Alameda CA Corridor Transportation Authority Revenue Alameda CA Corridor Transportation Authority Revenue Alameda CA Corridor Transportation Authority Revenue

0.000% 0.000% 0.000%

236

10/1/30 (2) 10/1/31 (14) 10/1/33 (14)

5,000 8,450 12,000

2,938 5,163 6,762

Long-Term Tax-Exempt Fund

1

Alameda County CA Joint Powers Authority Lease Revenue Alameda County CA Unified School District GO Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) California Department of Water Resources Power Supply Revenue California Department of Water Resources Power Supply Revenue California Department of Water Resources Power Supply Revenue California Department of Water Resources Power Supply Revenue California Department of Water Resources Water System Revenue (Central Valley Project) California Department of Water Resources Water System Revenue (Central Valley Project) California Department of Water Resources Water System Revenue (Central Valley Project) California Educational Facilities Authority Revenue (Claremont McKenna College) California Educational Facilities Authority Revenue (Pepperdine College) California Educational Facilities Authority Revenue (Pepperdine College) California Educational Facilities Authority Revenue (Santa Clara University) California Educational Facilities Authority Revenue (Santa Clara University) California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California Health Facilities Financing Authority Revenue (Adventist Health System/West) California Health Facilities Financing Authority Revenue (Catholic Healthcare West) California Health Facilities Financing Authority Revenue (Catholic Healthcare West) California Health Facilities Financing Authority Revenue (El Camino Hospital) California Health Facilities Financing Authority Revenue (Providence St. Joseph Health Obligated Group) California Health Facilities Financing Authority Revenue (St. Joseph Health System) California Health Facilities Financing Authority Revenue (St. Joseph Health System) California Health Facilities Financing Authority Revenue (Sutter Health) California Health Facilities Financing Authority Revenue (Sutter Health) California Infrastructure & Economic Development Bank Revenue California Infrastructure & Economic Development Bank Revenue (Independent System Operator Corp. Project) California Infrastructure & Economic Development Bank Revenue (Pacific Gas & Electric Co.) VRDO California Municipal Finance Authority Recovery Zone Revenue (Chevron USA Inc. Project) VRDO California Municipal Finance Authority Revenue (Anaheim Electric Utility Distribution System) California Municipal Finance Authority Revenue (University of La Verne) California Public Works Board Lease Revenue (Department of General Services) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue

237

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.625% 5.000% 4.000% 5.000% 5.000% 5.000% 4.000% 4.000% 6.000% 6.500% 5.000% 5.000% 6.000% 5.000% 6.000% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.750% 5.625% 6.000% 4.000%

12/1/29 8/1/39 4/1/17 4/1/32 5/1/18 5/1/18 5/1/20 5/1/22 6/1/18 12/1/24 12/1/27 1/1/39 9/1/40 10/1/49 4/1/36 4/1/45 9/1/24 10/1/24 4/1/26 3/1/28 9/1/28 9/1/29 10/1/29 10/1/30 9/1/31 9/1/32 3/1/33 4/1/33 8/1/34 9/1/35 11/1/35 9/1/36 4/1/38 11/1/39 9/1/41 9/1/42 2/1/43 4/1/43 11/1/43 12/1/43 8/1/45 9/1/45 9/1/19 7/1/35 7/1/39 2/1/41

8,300 11,455 8,000 2,060 5,375 7,650 3,100 1,900 7,275 30 9,970 10,000 5,000 5,000 3,000 14,000 12,500 3,000 21,900 10,000 7,000 10,000 5,000 12,600 8,500 2,250 4,000 41,500 5,000 13,220 10,000 3,250 10,340 6,500 5,000 11,360 5,500 1,000 5,000 8,250 7,280 5,000 5,500 5,000 4,500 5,000

10,131 13,613 8,141 2,437 5,709 8,126 3,520 2,150 7,754 38 12,467 10,863 5,928 5,945 3,559 16,444 14,961 3,601 24,319 12,184 8,031 11,712 6,094 15,334 9,456 2,487 4,643 46,872 5,946 15,830 11,414 3,829 11,534 7,419 5,756 13,227 6,360 1,160 5,868 9,698 8,658 5,978 6,233 5,315 5,030 5,152

4.000% 5.000% 5.750% 5.875% 6.000% 5.000%

10/1/36 7/1/33 7/1/39 8/15/31 8/15/42 10/1/41

5,000 2,000 8,000 6,000 15,000 8,000

5,342 2,312 8,894 7,002 17,501 9,700

5.000%

2/1/34

13,800

15,966

0.500% 0.450% 5.000% 6.250% 6.250% 5.000% 5.000% 5.500% 5.250% 5.000% 5.000% 5.000% 5.000% 5.250%

11/1/16 11/1/16 10/1/31 6/1/40 4/1/19 10/1/28 11/1/30 11/1/30 11/1/32 4/1/37 11/1/37 5/1/17 5/1/17 5/1/19

7,200 12,350 2,075 5,000 10,000 4,000 4,205 1,320 7,280 14,705 5,000 3,505 3,810 8,600

7,200 12,350 2,515 5,769 11,270 4,646 4,951 1,616 8,813 16,869 5,810 3,581 3,892 9,518

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(Prere.)

LOC

(Prere.)

(Prere.) (Prere.) (Prere.)

Long-Term Tax-Exempt Fund

2

California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue California Statewide Communities Development Authority Revenue (Adventist Health System/West) California Statewide Communities Development Authority Revenue (Buck Institute for Age Research) California Statewide Communities Development Authority Revenue (Kaiser Permanente) California Statewide Communities Development Authority Revenue (Loma Linda University Medical Center) California Statewide Communities Development Authority Revenue (Trinity Health) California Statewide Communities Development Authority Senior Living Revenue (Southern California Presbyterian Homes) California Statewide Communities Development Authority Student Housing Revenue (CHF-Irvine LLC - UCI East Campus Apartments Phase II) Chabot-Las Positas CA Community College District GO Charter Oak CA Unified School District GO Chino CA Public Financing Authority Special Tax Revenue Chino CA Public Financing Authority Special Tax Revenue Chino CA Public Financing Authority Special Tax Revenue Chino CA Public Financing Authority Special Tax Revenue Chula Vista CA Industrial Development Revenue (San Diego Gas & Electric Co.) Chula Vista CA Municipal Financing Authority Special Tax Revenue Clovis CA Unified School District GO Coast CA Community College District GO Contra Costa CA Community College District GO Corona-Norco CA Unified School District GO Corona-Norco CA Unified School District Special Tax Revenue (Community Facilities District No. 98-1) Corona-Norco CA Unified School District Special Tax Revenue (Community Facilities District No. 98-1) Eastern California Municipal Water District Water & Wastewater Revenue VRDO El Camino CA Community College District GO El Dorado CA Irrigation District Revenue Escondido CA GO Foothill-De Anza CA Community College District GO Foothill-De Anza CA Community College District GO Foothill-De Anza CA Community College District GO Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue Gilroy CA School Facilities Finance Authority Revenue Golden State Tobacco Securitization Corp. California Revenue Golden State Tobacco Securitization Corp. California Revenue Grossmont CA Healthcare District GO Grossmont CA Healthcare District GO Grossmont CA Union High School District GO Grossmont CA Union High School District GO Imperial CA Irrigation District Electric Revenue Irvine CA Reassessment District No. 85-7A Improvement Revenue VRDO Irvine CA Unified School District Community Facilities District No. 09-1 Special Tax Revenue VRDO Jefferson CA Union High School District GO Jefferson CA Union High School District GO Kern County CA GO Long Beach CA Harbor Revenue Long Beach CA Harbor Revenue Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Community College District GO Los Angeles CA Department of Airports International Airport Revenue Los Angeles CA Department of Water & Power Revenue Los Angeles CA Department of Water & Power Revenue Los Angeles CA Department of Water & Power Revenue Los Angeles CA Department of Water & Power Revenue Los Angeles CA Department of Water & Power Revenue Los Angeles CA Department of Water & Power Revenue Los Angeles CA Department of Water & Power Revenue Los Angeles CA Department of Water & Power Revenue Los Angeles CA Department of Water & Power Revenue

238

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000%

11/1/29 11/1/41 11/1/43

3,750 15,950 3,190

4,668 19,080 3,826

5.000%

3/1/28

5,575

6,903

5.000% 5.000%

11/15/49 (4) 4/1/42

6,200 24,250

7,205 27,580

5.000% 5.000%

12/1/41 12/1/41

10,000 13,975

11,126 15,992

7.250%

11/15/41

3,000

3,423

5.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.875% 5.000% 5.000% 4.000% 4.000% 5.000%

5/15/18 8/1/27 8/1/40 9/1/31 9/1/33 9/1/34 9/1/35 2/15/34 9/1/34 8/1/38 8/1/32 8/1/29 8/1/44

4,000 4,175 5,270 1,050 3,130 1,100 865 10,000 2,840 3,850 7,205 5,725 6,625

4,302 4,982 6,115 1,245 3,649 1,255 998 11,125 3,230 4,538 8,067 6,310 7,833

5.000%

9/1/29

1,705

1,988

5.000% 0.460% 4.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.750% 5.000% 5.000% 5.750% 5.000% 6.125% 4.000% 4.000% 6.250% 0.500%

9/1/32 11/1/16 8/1/41 3/1/34 9/1/32 8/1/34 8/1/35 8/1/36 1/15/46 8/1/46 6/1/40 6/1/47 7/15/17 7/15/21 8/1/29 8/1/30 11/1/20 11/1/16

1,500 1,000 7,000 1,480 3,855 2,185 2,000 1,645 10,000 3,000 19,250 7,580 15,770 5,000 1,775 1,750 2,225 2,500

1,723 1,000 7,625 1,730 4,659 2,427 2,214 1,959 11,692 3,471 22,270 7,463 16,250 6,153 2,032 1,987 2,678 2,500

0.460% 5.000% 5.000% 6.000% 5.000% 5.000% 5.000% 6.000% 5.250% 3.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.375% 5.000% 5.000% 5.000% 5.000% 5.000%

11/1/16 8/1/29 8/1/31 8/1/35 5/15/37 5/15/42 8/1/18 8/1/19 8/1/20 7/1/31 8/1/32 5/15/35 7/1/33 7/1/35 7/1/35 7/1/38 7/1/41 7/1/43 7/1/43 7/1/43 7/1/46

12,050 2,210 3,265 2,500 4,365 1,500 6,600 10,000 3,000 6,995 10,000 2,000 1,555 2,500 11,770 4,000 2,500 5,000 3,500 9,000 5,200

12,050 2,661 3,883 2,774 5,174 1,773 7,074 11,359 3,461 7,006 11,118 2,357 1,870 2,991 14,083 4,362 2,980 5,847 4,093 10,555 6,184

(Prere.) (4) (4) (4) (4) (4)

(4)

(Prere.) (Prere.)

(Prere.) LOC LOC (15) (15) (12)

(Prere.) (Prere.) (Prere.)

Long-Term Tax-Exempt Fund

Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Wastewater System Revenue Los Angeles CA Wastewater System Revenue Los Angeles CA Wastewater System Revenue Los Angeles CA Wastewater System Revenue Los Angeles CA Wastewater System Revenue Los Angeles CA Wastewater System Revenue Los Angeles CA Wastewater System Revenue Los Angeles CA Wastewater System Revenue Los Angeles CA Wastewater System Revenue Los Angeles County CA Public Works Financing Authority Lease Revenue Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Long Beach Project Area) Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Long Beach Project Area) Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Long Beach Project Area) Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Long Beach Project Area) M-S-R California Public Power Agency Revenue (San Juan Project) Marin CA Healthcare District GO Metropolitan Water District of Southern California Revenue Modesto CA Irrigation District COP Modesto CA Irrigation District Financing Authority Revenue (Woodland Project) Mount Diablo CA Unified School District GO Newport Beach CA Revenue (Hoag Memorial Hospital Presbyterian) Oakland CA GO Oakland CA GO Oakland CA Unified School District GO Oakland CA Unified School District GO Palmdale CA Community Redevelopment Agency Tax Allocation Revenue Palomar Pomerado Health California GO Palomar Pomerado Health California GO Poway CA Unified School District GO Poway CA Unified School District GO Riverside CA Community College District GO Riverside CA Community College District GO Riverside County CA Public Financing Authority Lease Revenue Riverside County CA Public Financing Authority Lease Revenue Riverside County CA Public Financing Authority Lease Revenue Riverside County CA Transportation Commission Toll Revenue Riverside County CA Transportation Commission Toll Revenue Sacramento CA City Financing Authority Tax Allocation Revenue Sacramento CA Municipal Utility District Revenue Sacramento CA Municipal Utility District Revenue Sacramento CA Municipal Utility District Revenue Sacramento CA Regional Transit District Farebox Revenue Sacramento CA Unified School District GO Sacramento CA Unified School District GO Sacramento CA Unified School District GO Sacramento County CA Airport Revenue San Bernardino CA Community College District GO San Bernardino CA Community College District GO San Bernardino County CA Medical Center COP San Diego CA Public Facilities Financing Authority Water Revenue San Diego CA Public Facilities Financing Authority Water Revenue San Diego CA Public Facilities Financing Authority Water Revenue San Diego CA Unified School District GO San Diego CA Unified School District GO San Diego CA Unified School District GO San Diego CA Unified School District GO San Diego CA Unified School District GO San Diego County CA Regional Airport Authority Revenue San Dieguito CA Union High School District GO San Dieguito CA Union High School District GO

239

Face Amount ($000)

Market Value• ($000)

27,240 7,435 6,980 6,950 6,000 6,000 6,145 1,500 2,000 4,935 2,085 2,000 1,700 4,090 4,815 2,790

28,023 7,649 7,181 7,686 6,702 6,677 6,888 1,869 2,493 5,511 2,577 2,457 2,088 4,996 5,852 3,294

Coupon

Maturity Date

5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.750% 5.000% 5.000% 5.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/17 7/1/17 7/1/17 7/1/26 7/1/33 7/1/34 6/1/19 6/1/28 6/1/28 6/1/28 6/1/29 6/1/30 6/1/30 6/1/31 6/1/32 8/1/31

5.000%

8/1/29

4,140

5,011

5.000%

8/1/30

4,685

5,633

5.000%

8/1/31

7,180

8,583

5.000% 6.750% 4.000% 5.000% 5.500% 6.500% 5.000% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.750% 5.750% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.000% 4.000% 5.000% 6.875% 5.000% 5.000% 5.000% 5.500% 4.000% 4.000% 0.000% 4.000% 5.000% 4.000% 4.000%

8/1/32 7/1/20 8/1/40 7/1/35 7/1/18 10/1/22 8/1/32 12/1/21 1/15/28 1/15/35 8/1/29 8/1/30 9/1/27 8/1/37 8/1/38 8/1/46 8/1/51 8/1/29 8/1/30 11/1/29 11/1/40 11/1/45 6/1/44 6/1/48 12/1/28 8/15/26 8/15/27 8/15/27 3/1/42 8/1/27 8/1/28 8/1/29 7/1/41 8/1/27 8/1/48 8/1/24 8/1/29 8/1/37 8/1/38 7/1/22 7/1/31 7/1/35 7/1/37 7/1/45 7/1/43 8/1/32 8/1/33

6,465 4,385 7,825 5,000 5,700 12,735 2,675 3,500 1,230 4,025 1,500 1,000 1,500 5,000 10,000 9,600 20,000 5,820 5,555 9,420 8,330 10,000 3,000 1,000 15,815 5,750 3,250 1,385 3,250 1,310 2,000 1,240 10,500 10,000 3,750 13,000 5,770 4,740 3,000 9,160 13,000 1,435 14,000 24,000 5,450 4,960 1,820

7,689 4,907 8,467 5,540 6,138 14,838 3,159 4,324 1,511 4,722 1,843 1,222 1,885 2,227 11,828 3,179 5,290 7,176 6,811 11,424 9,973 11,928 3,474 1,157 11,057 6,905 4,232 1,646 3,620 1,613 2,443 1,503 11,331 11,273 4,415 16,888 6,849 5,709 3,608 11,314 14,653 1,574 6,766 25,781 6,167 5,566 2,032

(Prere.) (Prere.) (Prere.)

(Prere.)

(ETM)

(Prere.) (ETM) (Prere.)

(4) (4) (14) (12)

(14)

(4) (4) (4)

(ETM)

(14)

Long-Term Tax-Exempt Fund

San Francisco CA Bay Area Rapid Transit District GO San Francisco CA City & County COP San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County Public Utilities Commission Water Revenue San Francisco CA City & County Public Utilities Commission Water Revenue San Francisco CA City & County Public Utilities Commission Water Revenue San Joaquin Hills CA Transportation Corridor Agency Toll Road Revenue San Jose CA Redevelopment Agency Tax Allocation Revenue San Luis & Delta Mendota CA Water Authority Revenue San Mateo CA Union High School District GO San Mateo County CA Joint Powers Financing Authority Lease Revenue (Youth Services Campus) San Ramon Valley CA Unified School District GO San Ramon Valley CA Unified School District GO San Ramon Valley CA Unified School District GO San Ramon Valley CA Unified School District GO San Ramon Valley CA Unified School District GO Santa Clara Valley CA Joint Powers Authority Revenue Santa Clara Valley CA Joint Powers Authority Revenue Southern California Public Power Authority Revenue Southwestern California Community College District GO State Center California Community College District GO Stockton CA Unified School District GO Twin Rivers CA Unified School District GO Ukiah CA Electric Revenue University of California Regents Medical Center Pooled Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue University of California Revenue Ventura County CA Community College District GO Victor Valley CA Community College District GO Vista CA Joint Powers Financing Authority Revenue Walnut CA Energy Center Authority Revenue Walnut Valley CA Unified School District GO Walnut Valley CA Unified School District GO Walnut Valley CA Unified School District GO Washington Township CA Health Care District GO West Contra Costa CA Unified School District GO West Contra Costa CA Unified School District GO Western Placer CA Unified School District COP Whittier CA Health Facilities Revenue (Presbyterian Intercommunity Hospital Obligated Group)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 4.000% 5.000% 5.000% 6.000% 5.000% 5.000% 5.000% 0.000% 5.000% 5.000% 4.000%

8/1/37 9/1/34 5/3/21 5/1/26 5/1/39 11/1/30 11/1/35 11/1/36 1/15/25 8/1/27 3/1/43 9/1/31

1,125 5,085 390 1,610 10,000 7,660 5,255 8,585 9,250 5,000 5,140 6,240

1,345 5,501 457 1,876 11,211 9,314 6,187 10,190 7,204 5,018 5,763 6,993

5.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.250% 4.000% 4.000% 5.250% 5.000% 5.250% 5.000% 5.000% 5.500% 6.000% 5.250% 5.000% 4.000% 4.000% 4.000% 5.500% 5.000% 5.000% 4.000% 5.000%

7/15/18 8/1/28 8/1/28 8/1/29 8/1/31 8/1/33 8/1/41 8/1/46 7/1/29 8/1/44 8/1/17 8/1/42 8/1/40 6/1/18 5/15/37 5/15/35 5/15/37 5/15/38 5/15/38 5/15/44 5/15/46 8/1/18 8/1/19 5/1/31 1/1/35 8/1/29 8/1/30 8/1/31 8/1/38 8/1/45 8/1/45 8/1/41 6/1/44

5,000 1,225 1,225 3,495 1,855 2,200 1,750 2,000 2,670 7,800 16,100 4,650 5,000 1,610 9,700 5,000 3,000 20,000 10,000 4,000 4,000 12,000 12,000 5,110 8,985 1,000 2,000 2,000 5,125 8,000 4,250 5,365 8,200

5,353 1,379 1,379 3,901 2,074 2,434 2,106 2,400 3,034 9,203 16,623 5,344 5,714 1,684 10,558 5,465 3,607 23,433 11,993 4,641 4,758 12,973 13,631 6,312 9,907 1,144 2,269 2,251 6,138 9,310 4,946 5,782 9,287

(Prere.)

(14) (14) (15)

(Prere.)

(Prere.) (4) (15) (14)

(Prere.) (Prere.)

(4)

1,691,153 Colorado (1.2%) Adams & Weld County CO School District No. 27J GO Adams & Weld County CO School District No. 27J GO Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Commerce City CO Sales & Use Tax Revenue Denver CO City & County Airport Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue Garfield, Pitkin, & Eagle County CO School District GO Regional Transportation District of Colorado Sales Tax Revenue (Denver Transit Partners Eagle P3 Project) Regional Transportation District of Colorado Sales Tax Revenue (Denver Transit Partners Eagle P3 Project) University of Colorado COP University of Colorado Enterprise System Revenue University of Colorado Enterprise System Revenue

4.000% 4.000% 5.250% 5.500% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.000% 4.000%

12/1/30 12/1/31 2/1/31 7/1/34 12/1/33 8/1/44 11/15/43 9/1/19 9/1/23 9/1/25 9/1/30 12/15/31

6.000%

1/15/34

6.000% 4.000% 5.750% 5.000%

1/15/41 11/1/30 6/1/19 (Prere.) 6/1/37

(4) (14) (14) (14) (14)

1,000 1,515 4,000 5,000 5,000 4,000 8,000 13,000 20,775 9,700 16,500 4,470

1,113 1,675 4,448 5,510 5,482 4,615 9,101 12,369 17,662 7,690 10,583 4,998

5,000

5,691

14,765 12,675 1,000 975

16,779 13,906 1,120 1,121 123,863

240

Long-Term Tax-Exempt Fund

Connecticut (0.7%) Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut GO Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program Connecticut Special Tax Revenue (Transportation Infrastructure) Connecticut Special Tax Revenue (Transportation Infrastructure) Hartford CT GO Hartford CT GO Hartford CT GO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000%

4/15/25 4/15/26 10/15/26 11/1/26 10/15/31 6/15/32 6/15/33 11/15/32 11/15/44 10/1/31 9/1/33 4/1/24 4/1/27 4/1/28

10,000 5,000 4,140 3,000 1,850 8,905 6,255 3,820 2,455 7,500 7,000 1,215 1,650 3,565

11,666 5,802 4,851 3,491 2,138 10,334 7,226 4,090 2,611 8,963 8,259 1,336 1,772 3,813 76,352

Delaware (0.0%) University of Delaware Revenue University of Delaware Revenue

5.000% 5.000%

11/1/32 11/1/33

1,990 1,000

2,336 1,172 3,508

District of Columbia (1.0%) District of Columbia GO District of Columbia GO District of Columbia GO District of Columbia GO District of Columbia GO District of Columbia GO District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) District of Columbia Revenue (Georgetown University) District of Columbia Revenue (National Public Radio, Inc.) District of Columbia Revenue (National Public Radio, Inc.) 2 District of Columbia Water & Sewer Authority Public Utility Revenue District of Columbia Water & Sewer Authority Public Utility Revenue District of Columbia Water & Sewer Authority Public Utility Revenue Metropolitan Washington DC/VA Airports Authority Dulles Toll Road Revenue (Dulles Metrorail & Capital Improvement Projects)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.500% 5.000% 5.000%

6/1/26 6/1/27 6/1/27 6/1/28 6/1/38 6/1/41 7/15/33 4/1/36 4/1/29 4/1/30 10/1/18 (Prere.) 10/1/34 10/1/37

5.000%

10/1/53

7,395 3,000 2,000 2,750 10,000 6,800 9,235 5,000 3,560 3,025 13,000 5,750 10,000 7,500

9,218 3,783 2,475 3,384 11,755 8,094 10,947 5,344 4,292 3,614 14,139 6,885 11,654 8,331 103,915

Florida (6.8%) Alachua County FL Health Facilities Authority Revenue (East Ridge Retirement Village) Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) Broward County FL Airport System Revenue Broward County FL Airport System Revenue Broward County FL Port Facilities Revenue Broward County FL Sales Tax Revenue (Main Courthouse Project) Clearwater FL Water & Sewer Revenue Collier County FL Special Obligation Revenue Florida Board of Education Lottery Revenue Florida Board of Education Lottery Revenue Florida Board of Education Lottery Revenue Florida Board of Education Public Education Capital Outlay GO Florida Board of Education Public Education Capital Outlay GO Florida Board of Education Public Education Capital Outlay GO Florida Board of Education Public Education Capital Outlay GO Florida Department of Environmental Protection & Preservation Revenue Florida Department of Environmental Protection & Preservation Revenue Florida Municipal Power Agency Revenue Florida Municipal Power Agency Revenue Florida Municipal Power Agency Revenue Florida Water Pollution Control Financing Corp. Revenue Halifax Hospital Medical Center Florida Hospital Revenue Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group)

241

6.250%

11/15/44

4,250

4,799

1,955

1,963

(Prere.)

10,075 7,000 1,500 14,000 2,000 17,500 5,000 3,000 12,995 17,380 16,780 15,995 3,000 2,695 7,000 8,175 8,610 5,165 2,000 910 3,000 3,000

11,365 8,005 1,670 16,509 2,252 19,821 5,537 3,319 13,489 21,219 21,000 17,682 3,372 2,893 7,515 8,785 9,246 5,570 2,301 969 3,240 3,215

5.250%

11/15/16 (Prere.)

245

245

5.625%

11/15/37

5,000

5,601

6.250%

12/1/16 (14)

5.000% 7.000% 5.375% 5.250% 6.000% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.250% 5.000% 5.000% 5.500%

12/1/44 4/1/19 10/1/29 10/1/38 9/1/25 10/1/36 12/1/39 7/1/34 7/1/17 7/1/23 7/1/27 6/1/33 6/1/33 6/1/34 6/1/35 7/1/20 7/1/21 10/1/18 10/1/19 10/1/31 1/15/25 6/1/18

(Prere.)

(Prere.)

(Prere.) (Prere.)

Long-Term Tax-Exempt Fund

Coupon Hillsborough County FL Industrial Development Authority Hospital Revenue (H. Lee Moffitt Cancer Center Project) Hillsborough County FL Industrial Development Authority Hospital Revenue (Tampa General Hospital Project) Hillsborough County FL Industrial Development Authority Revenue (University Community Hospital) Hillsborough County FL School Board COP Jacksonville FL Electric Authority Revenue (St. John’s River Power Park) Jacksonville FL Electric Authority Water & Sewer Revenue Jacksonville FL Health Facilities Authority Hospital Revenue (Baptist Medical Center Project) Jacksonville FL Health Facilities Authority Hospital Revenue (Baptist Medical Center Project) Jacksonville FL Sales Taxes Revenue Jacksonville FL Transportation Revenue Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) Marion County FL Hospital District Health System Improvement Revenue (Munroe Regional Health System) Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Parking Revenue Miami Beach FL Parking Revenue Miami Beach FL Resort Tax Revenue Miami FL Special Obligation Revenue (Marlins Stadium Project) Miami FL Special Obligation Revenue (Street & Sidewalk Improvement Program) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Building Better Communities GO Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL School Board COP Miami-Dade County FL Seaport Revenue Miami-Dade County FL Seaport Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Transit Sales Surtax Revenue Miami-Dade County FL Water & Sewer Revenue North Brevard County FL Hospital District Revenue (Parrish Medical Center Project) North Brevard County FL Hospital District Revenue (Parrish Medical Center Project) Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) Orange County FL Health Facilities Authority Revenue (Nemours Foundation Project) Orange County FL School Board COP Orlando & Orange County FL Expressway Authority Revenue Orlando & Orange County FL Expressway Authority Revenue Orlando & Orange County FL Expressway Authority Revenue Orlando & Orange County FL Expressway Authority Revenue Orlando & Orange County FL Expressway Authority Revenue Orlando FL Utility Commission Utility System Revenue Orlando FL Utility Commission Utility System Revenue Orlando FL Utility Commission Utility System Revenue Orlando FL Utility Commission Utility System Revenue Orlando FL Utility Commission Utility System Revenue Osceola County FL Expressway System Revenue (Poinciana Parkway Project) Osceola County FL Expressway System Revenue (Poinciana Parkway Project) Osceola County FL Expressway System Revenue (Poinciana Parkway Project) Palm Beach County FL Public Improvement Revenue Palm Beach County FL Public Improvement Revenue Palm Beach County FL School Board COP Palm Beach County FL School Board COP Palm Beach County FL Solid Waste Authority Revenue Port St. Lucie FL Revenue Port St. Lucie FL Utility Revenue

242

5.250% 5.000%

Maturity Date 7/1/17 (Prere.) 10/1/34

6.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

8/15/19 (ETM) 7/1/25 10/1/37 10/1/33 8/15/27 8/15/37 10/1/18 (Prere.) 10/1/31 11/15/40

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.625% 5.500% 5.000% 5.000% 5.750% 5.000% 5.000% 5.000% 5.375% 5.500% 5.000% 5.000% 5.250% 5.250% 5.250% 5.250% 5.750% 5.500% 5.000% 5.000% 5.000% 5.000% 5.750% 5.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 0.000% 0.000% 5.375% 5.000% 5.000% 5.000% 5.000% 5.500% 6.250% 5.000%

10/1/17 11/15/45 11/15/44 9/1/31 9/1/40 9/1/31 7/1/35 1/1/39 10/1/19 10/1/23 10/1/24 10/1/25 10/1/28 10/1/29 10/1/30 10/1/35 10/1/41 7/1/41 6/1/48 5/1/18 5/1/18 5/1/18 5/1/18 10/1/32 10/1/42 10/1/31 10/1/37 7/1/37 10/1/17 10/1/18 10/1/38 10/1/42 10/1/42 1/1/39 8/1/17 7/1/17 7/1/20 7/1/20 7/1/20 7/1/32 4/1/19 4/1/19 4/1/19 10/1/29 10/1/33 10/1/39 10/1/42 10/1/47 5/1/18 5/1/18 8/1/17 8/1/17 10/1/18 9/1/18 9/1/18

(Prere.)

(15) (15) (4) (Prere.)

(Prere.) (Prere.) (Prere.) (Prere.)

(Prere.) (Prere.)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

Face Amount ($000)

Market Value• ($000)

7,085

7,298

12,750

14,417

5,415 2,500 4,500 3,500 2,500 3,800 5,000 2,000 2,500

5,928 2,791 4,659 4,022 2,568 3,890 5,390 2,351 2,802

14,290 6,940 5,000 1,635 1,850 1,000 2,000 2,000 1,775 3,000 3,000 4,720 2,000 14,165 4,270 5,200 9,000 20,480 10,000 10,000 5,850 5,000 8,165 5,150 5,000 10,000 2,500 7,000 7,000 1,425 575 6,940 2,000 6,500 5,000 5,340 2,000 5,000 1,000 1,500 1,575 1,525 2,500 2,100 2,030 6,000 7,540 2,000 8,000 1,700 2,000 7,135 25,000 10,000 1,810

14,846 7,690 5,607 1,932 2,135 1,194 2,209 2,173 2,001 3,418 3,415 5,333 2,269 16,051 4,813 5,893 10,059 24,177 10,512 10,653 6,232 5,326 8,698 6,106 5,850 11,545 2,834 8,107 7,273 1,557 617 7,618 2,146 6,936 5,158 5,492 2,279 5,697 1,139 1,746 1,725 1,670 2,753 2,279 2,216 4,546 5,698 2,208 8,494 1,805 2,064 7,364 27,165 10,973 1,946

Long-Term Tax-Exempt Fund

Coupon Port St. Lucie FL Utility Revenue Sarasota County FL Public Hospital District Hospital Revenue (Sarasota Memorial Hospital Project) Sarasota County FL School Board COP Sarasota County FL School Board COP St. Johns County FL Development Authority Revenue (Presbyterian Retirement Communities Project) St. Johns County FL Industrial Development Authority Health Care Revenue (Vicars Landing Project) St. Johns County FL Ponte Vedra Utility Systems Revenue St. Petersburg FL Health Facilities Authority Revenue (All Children’s Hospital Inc. Obligated Group) St. Petersburg FL Public Utility Revenue Sumter County FL Industrial Development Authority Hospital Revenue (Central Florida Health Alliance Project) Sunrise FL Utility System Revenue Sunrise FL Utility System Revenue Tallahassee FL Energy System Revenue Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) Tampa Bay FL Water Utility System Revenue Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) Tampa FL Health System Revenue (BayCare Health System) Tohopekaliga FL Water Authority Utility System Revenue Tohopekaliga FL Water Authority Utility System Revenue Tohopekaliga FL Water Authority Utility System Revenue West Palm Beach FL Revenue West Palm Beach FL Revenue

Maturity Date

5.000%

9/1/35 (12)

5.625% 5.375% 5.500%

7/1/39 7/1/19 (Prere.) 7/1/19 (Prere.)

6.000%

8/1/45

5.000% 5.000%

2/15/17 10/1/30 (4)

6.500% 5.500%

11/15/19 (Prere.) 10/1/19 (Prere.)

5.250% 5.500% 5.200% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.750% 5.750% 5.750% 5.000% 5.000%

7/1/44 10/1/18 10/1/22 10/1/37 12/1/44 10/1/18 9/1/26 9/1/28 9/1/29 11/15/33 10/1/21 10/1/21 10/1/21 10/1/37 10/1/40

(ETM) (2) (14) (Prere.)

(Prere.) (Prere.) (Prere.)

Face Amount ($000)

Market Value• ($000)

190

203

10,000 3,000 2,775

10,928 3,344 3,103

5,000

5,628

245 3,650

247 3,663

2,000 1,000

2,324 1,129

3,000 6,795 9,550 2,500 6,860 7,000 1,000 1,700 1,950 7,407 1,525 1,600 1,750 10,655 11,000

3,385 7,200 10,277 2,589 7,649 7,546 1,172 1,972 2,252 8,424 1,852 1,943 2,125 12,682 13,030 694,007

Georgia (2.3%) Atlanta GA Airport Revenue Atlanta GA Airport Revenue Atlanta GA Airport Revenue Atlanta GA Airport Revenue Atlanta GA Airport Revenue Atlanta GA Development Authority Revenue Atlanta GA Development Authority Revenue Atlanta GA Water & Wastewater Revenue Burke County GA Development Authority Pollution Control Revenue (Oglethorpe Power Corp. Vogtle Project) 1 Clarke County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) Dalton GA Development Authority Revenue (Hamilton Health Care System) DeKalb County GA Water & Sewer Revenue 1 Fayette County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) 1 Fulton County GA Development Authority Revenue (Piedmont Healthcare Inc. Project) Gainesville & Hall County GA Hospital Authority Revenue (Northeast Georgia Health System Inc. Project) Georgia GO Georgia GO Georgia Municipal Electric Power Authority Revenue Georgia Municipal Electric Power Authority Revenue Gwinnett County GA School District GO Henry County GA School District GO Henry County GA School District GO Macon-Bibb County GA Hospital Authority Revenue (Medical Center of Central Georgia) Macon-Bibb County GA Hospital Authority Revenue (Medical Center of Central Georgia) Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Metropolitan Atlanta GA Rapid Transportation Authority Georgia Sales Tax Revenue Metropolitan Atlanta Rapid Transportation Authority Georgia Sales Tax Revenue Metropolitan Atlanta Rapid Transportation Authority Georgia Sales Tax Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project J) Municipal Electric Authority Georgia Revenue (Project One) Private Colleges & University Authority of Georgia Revenue (Emory University) Richmond County GA Hospital Authority Revenue (University Health Services Inc. Project)

5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000%

1/1/33 1/1/33 1/1/34 1/1/34 1/1/37 7/1/40 7/1/44 11/1/35

2,615 5,000 2,750 5,000 6,010 2,500 5,500 5,000

2,986 5,709 3,133 5,696 6,837 2,973 6,521 5,889

5.500% 4.000% 5.500% 5.250% 5.000% 4.000%

1/1/33 7/1/32 8/15/26 (14) 10/1/36 7/1/46 7/1/31

3,000 3,275 12,000 3,000 5,000 1,865

3,138 3,438 14,234 3,517 5,714 1,980

5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.500% 6.250% 5.000% 5.000% 5.500% 5.500% 5.500% 5.000% 5.000% 4.000%

8/15/54 2/1/27 7/1/29 1/1/30 1/1/39 2/1/36 8/1/29 8/1/30 8/1/32 8/1/35 3/15/17 3/15/21 9/15/25 7/1/18 7/1/36 7/1/37 7/1/18 (Prere.) 1/1/26 7/1/60 1/1/21 9/1/32 1/1/34

10,000 10,000 2,000 4,265 7,000 5,000 5,000 5,000 4,500 3,405 310 10,305 15,000 3,640 12,000 20,785 5,180 1,820 5,000 3,000 1,500 5,000

12,025 12,739 2,307 4,931 7,938 5,912 5,765 5,710 4,877 3,681 314 11,611 18,241 3,848 14,413 24,906 5,577 1,951 5,966 3,451 1,662 5,382 234,972

243

Long-Term Tax-Exempt Fund

Hawaii (1.4%) Hawaii Department of Budget & Finance Special Purpose Revenue (Hawaii Pacific Health Obligated Group) Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii GO Hawaii Harbor System Revenue Hawaii Harbor System Revenue Hawaii Highway Revenue Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County GO Honolulu HI City & County Wastewater System Revenue Honolulu HI City & County Wastewater System Revenue Honolulu HI City & County Wastewater System Revenue Honolulu HI City & County Wastewater System Revenue Honolulu HI City & County Wastewater System Revenue Honolulu HI City & County Wastewater System Revenue University of Hawaii Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.500% 4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.500% 5.625% 4.000% 5.250% 5.250% 5.250% 5.250% 5.000% 5.250% 5.000% 4.000% 5.000% 5.000% 5.000% 6.000%

7/1/38 10/1/27 4/1/30 10/1/30 4/1/31 10/1/31 10/1/33 7/1/35 7/1/40 1/1/32 4/1/19 4/1/19 8/1/21 8/1/21 10/1/32 7/1/21 7/1/28 7/1/29 7/1/29 7/1/30 7/1/40 10/1/38

4,360 3,705 7,500 15,460 7,500 6,640 3,750 5,000 5,000 1,000 8,000 8,000 2,000 3,025 6,840 5,000 3,250 9,610 2,500 4,250 10,000 2,500

5,123 4,273 8,412 17,427 8,352 7,429 4,122 5,635 5,661 1,112 8,817 8,817 2,375 3,593 8,260 5,924 4,061 10,903 3,099 5,227 11,750 2,834

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

143,206 Idaho (0.1%) Idaho Health Facilities Authority Revenue (Trinity Health Group) Idaho Housing & Finance Association RAN

6.250% 5.000%

12/1/18 (Prere.) 7/15/22

6,000 6,465

6,654 7,081 13,735

Illinois (7.2%) Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL Metropolitan Water Reclamation District GO Chicago IL Midway Airport Revenue Chicago IL Midway Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL Park District GO 1 Chicago IL Park District GO Chicago IL Public Building Commission GO Chicago IL Sales Tax Revenue Chicago IL Sales Tax Revenue Chicago IL Transit Authority Sales Tax Receipts Revenue Chicago IL Wastewater Transmission Revenue 3 Chicago IL Water Revenue TOB VRDO Chicago IL Waterworks Revenue Cook County IL Community College District GO Cook County IL Forest Preservation District GO Cook County IL Forest Preservation District GO Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Art Institute of Chicago) Illinois Finance Authority Revenue (Ascension Health Credit Group) Illinois Finance Authority Revenue (Ascension Health Credit Group) Illinois Finance Authority Revenue (Carle Foundation) Illinois Finance Authority Revenue (Carle Foundation)

5.500% 5.500% 5.000% 5.250% 5.000% 7.000% 5.530% 5.000% 5.580% 5.600% 5.610% 5.650% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.500% 5.750% 5.000% 5.000% 7.000% 5.000% 5.250% 5.250% 5.000% 0.830% 5.000% 5.125% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.000% 6.000%

244

12/1/26 12/1/30 12/1/41 12/1/41 12/1/42 12/1/44 1/1/20 1/1/21 1/1/22 1/1/24 1/1/25 1/1/28 1/1/34 1/1/38 12/1/31 1/1/35 1/1/36 1/1/30 1/1/33 1/1/41 1/1/43 1/1/36 1/1/40 1/1/20 1/1/29 1/1/38 12/1/36 1/1/39 11/7/16 11/1/44 12/1/38 12/15/32 12/15/37 6/1/42 3/1/34 11/15/37 11/15/42 8/15/41 8/15/41

(14) (2)

(14) (4) (14) (14) (14) (14)

(ETM)

(4)

5,225 3,490 6,920 3,000 15,500 5,000 5,000 3,000 5,000 2,480 1,305 2,820 8,000 2,000 7,500 7,800 2,000 26,870 5,615 3,000 9,000 4,000 3,250 27,500 4,265 2,055 6,400 1,500 6,470 7,500 4,250 1,000 2,500 16,580 7,750 5,000 17,895 5,000 1,500

6,006 3,665 6,143 2,750 13,700 5,310 5,038 3,057 5,038 2,499 1,315 2,842 8,139 2,008 8,568 8,826 2,259 31,738 6,565 3,589 10,460 4,283 3,607 31,509 4,510 2,166 7,084 1,642 6,470 8,329 4,702 1,098 2,732 18,417 8,707 5,641 20,118 5,847 1,758

Long-Term Tax-Exempt Fund

1

Illinois Finance Authority Revenue (Carle Foundation) Illinois Finance Authority Revenue (Central DuPage Health) Illinois Finance Authority Revenue (Chicago University) Illinois Finance Authority Revenue (Children’s Memorial Hospital) Illinois Finance Authority Revenue (Franciscan Communities Inc.) Illinois Finance Authority Revenue (Franciscan Communities Inc.) Illinois Finance Authority Revenue (Illinois Wesleyan University) Illinois Finance Authority Revenue (Loyola University) Illinois Finance Authority Revenue (Mercy Health System) Illinois Finance Authority Revenue (Northwestern Community Hospital) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (Presence Health Network Obligated Group) Illinois Finance Authority Revenue (Presence Health Network Obligated Group) Illinois Finance Authority Revenue (Riverside Health System) Illinois Finance Authority Revenue (Riverside Health System) Illinois Finance Authority Revenue (Rush University Medical Center) Illinois Finance Authority Revenue (Silver Cross & Medical Centers) Illinois Finance Authority Revenue (Southern Illinois Healthcare) Illinois Finance Authority Revenue (Trinity Health Corp.) Illinois Finance Authority Revenue (University of Chicago) Illinois Finance Authority Revenue (University of Chicago) Illinois Finance Authority Revenue (University of Chicago) Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois Regional Transportation Authority Revenue Illinois Sports Facility Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue Springfield IL Water Revenue University of Illinois Auxiliary Facilities System Revenue Will County IL Community High School District No. 210 (Lincoln-Way) GO

245

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.250% 5.500% 5.375% 5.125% 5.250% 5.000% 5.000% 5.000% 5.375% 7.000% 6.000% 4.000% 4.000% 4.000% 6.000% 5.000% 5.000% 4.000% 5.000% 6.250% 6.250% 5.000% 7.000% 5.375% 5.000% 5.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.250% 5.250% 5.500% 5.250% 5.000% 5.500% 7.200% 5.500% 5.500% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.000% 0.000% 5.250%

2/15/45 11/1/39 8/15/19 8/15/39 5/15/43 5/15/47 9/1/36 7/1/42 12/1/46 7/1/18 5/15/19 5/15/20 5/15/32 5/15/33 5/15/34 5/15/39 5/15/41 11/15/45 2/15/41 2/15/41 11/15/19 11/15/35 11/15/33 8/15/19 3/1/35 12/1/30 7/1/18 10/1/32 10/1/33 3/1/21 8/1/21 8/1/24 2/1/25 7/1/25 8/1/25 1/1/28 2/1/32 2/1/33 7/1/33 2/1/34 5/1/34 7/1/38 11/1/20 6/15/30 1/1/18 12/1/22 1/1/36 1/1/38 1/1/40 6/15/25 12/15/31 6/15/33 12/15/34 6/15/44 6/15/50

20,000 4,000 15,000 10,000 2,500 9,730 1,000 2,000 12,250 3,000 15,000 4,085 3,080 1,110 2,800 2,275 6,000 5,000 4,000 2,000 2,775 1,825 5,000 16,000 5,120 3,000 7,750 790 10,000 4,000 7,000 9,000 1,630 2,800 5,110 9,125 8,075 5,200 3,350 3,125 2,000 7,500 10,905 7,085 20,000 2,400 10,000 10,000 15,400 10,000 17,500 7,500 4,870 10,000 9,210

22,271 4,382 16,845 10,617 2,647 10,314 1,126 2,217 13,767 3,223 17,254 4,772 3,266 1,169 2,936 2,586 6,608 5,668 3,820 2,180 3,203 2,064 5,834 18,631 5,622 3,377 8,373 912 11,668 4,342 7,633 9,719 1,782 3,143 5,483 9,921 8,736 5,615 3,768 3,369 2,092 8,198 12,201 7,111 21,087 2,878 11,546 11,414 17,719 7,247 9,061 3,614 2,197 2,894 9,721

0.000%

12/15/24 (14)

2,715

2,022

0.000%

6/15/31 (14)

17,500

9,261

0.000%

6/15/32 (14)

7,500

3,788

5.000%

6/15/42

3,965

4,206

5.500% 6.000% 5.000% 5.500% 5.000%

6/15/53 6/1/28 3/1/37 4/1/31 1/1/27

1,000 15,000 8,000 3,000 115

1,136 17,614 9,255 3,460 119

(Prere.)

(Prere.) (Prere.) (Prere.)

(Prere.)

(Prere.) (4) (Prere.)

(4) (4) (4)

(2) (2) (Prere.)

(14) (14) (14) (14) (4)

Long-Term Tax-Exempt Fund

Will County IL Community High School District No. 210 (Lincoln-Way) GO Will County IL Community High School District No. 210 (Lincoln-Way) GO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 0.000%

1/1/29 1/1/32

9,100 16,500

9,249 7,485 735,573

Indiana (1.9%) Indiana Finance Authority Facilities Revenue (Wabash Valley Correctional Facility) Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) Indiana Finance Authority Revenue (BHI Senior Living) Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) Indiana Finance Authority Revenue (Marquette Project) Indiana Finance Authority Revenue (Marquette Project) Indiana Finance Authority Revenue (Stadium Project) Indiana Finance Authority Revenue (Stadium Project) Indiana Finance Authority Revenue (Stadium Project) Indiana Finance Authority Revenue (Stadium Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) Indiana Finance Authority Water Utilities Revenue Indiana Finance Authority Water Utilities Revenue Indianapolis IN Local Public Improvement Bond Bank Revenue (Bank-Waterworks Project) Indianapolis IN Local Public Improvement Bond Bank Revenue (PILOT Infrastructure Project) Indianapolis IN Local Public Improvement Bond Bank Revenue (Qualified Midwestern Disaster Area) Northern Indiana Commuter Transportation District Revenue Purdue University Indiana University COP Purdue University Indiana University Student Fee Revenue Purdue University Indiana University Student Fee Revenue Purdue University Indiana University Student Fee Revenue

5.250%

7/1/19

2,500

2,768

5.250%

11/1/39

3,000

3,306

5.000% 6.000%

11/1/41 11/15/41

12,815 10,000

14,693 11,554

6,500 1,100 2,770 6,130 12,610 8,760 2,500 7,000 7,000 15,000 11,335 7,140 10,000 5,245

7,096 1,224 3,001 7,383 15,111 10,430 2,964 8,057 8,092 17,361 13,352 8,377 11,013 5,833

8,800 1,000 5,305 6,945 5,575 4,810

10,230 1,183 6,690 8,277 6,617 5,689

5.000% 5.000% 5.000% 5.250% 5.250% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.750% 5.000% 5.750% 5.000% 5.000% 5.000% 5.000% 5.000%

3/1/41 3/1/30 3/1/39 2/1/32 2/1/33 2/1/34 2/1/35 10/1/37 10/1/39 10/1/46 10/1/41 10/1/46 1/1/38 1/1/29 (4) 2/1/36 7/1/32 7/1/27 7/1/32 7/1/33 7/1/34

190,301 Iowa (0.3%) Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project)

5.500% 5.250%

12/1/22 12/1/25

11,675 15,000

11,835 15,645 27,480

Kansas (0.6%) Johnson County KS Unified School District No. 233 GO Johnson County KS Unified School District No. 233 GO Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Kansas Development Finance Authority Revenue Wyandotte County/Kansas City KS Unified Government Utility System Revenue

4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

9/1/30 9/1/31 5/1/29 5/1/30 5/1/31 5/1/32 5/1/33 5/1/34 4/1/35 5/1/35 9/1/44

5,000 4,000 2,275 4,230 4,975 5,225 1,610 1,590 16,585 1,665 2,750

5,646 4,483 2,705 5,000 5,867 6,131 1,886 1,858 18,871 1,940 3,177 57,564

Kentucky (0.6%) Kentucky Economic Development Finance Authority Hospital Revenue (Baptist Healthcare System Obligated Group) Kentucky Economic Development Finance Authority Hospital Revenue (Baptist Healthcare System Obligated Group) Kentucky Public Transportation Infrastructure Authority Toll Revenue (Downtown Crossing Project) BAN Kentucky Public Transportation Infrastructure Authority Toll Revenue (Downtown Crossing Project) BAN Kentucky Public Transportation Infrastructure Authority Toll Revenue (Downtown Crossing Project) BAN Kentucky Public Transportation Infrastructure Authority Toll Revenue (Downtown Crossing Project) BAN Louisville & Jefferson County KY Metropolitan Government Health System Revenue (Norton Healthcare Obligated Group) Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives)

246

5.375%

8/15/24

5,000

5,339

5.000%

8/15/42

6,225

6,679

0.000%

7/1/34

2,000

1,737

0.000%

7/1/43

10,000

8,513

5.750%

7/1/49

10,100

11,694

6.000%

7/1/53

5,000

5,877

13,000 3,435 1,065

15,414 4,120 1,171

5.750% 5.000% 5.000%

10/1/42 6/1/22 (Prere.) 12/1/35

Long-Term Tax-Exempt Fund

Warren County KY Hospital Revenue (Bowling Green-Warren County Community Hospital Corp. Project)

Coupon

Maturity Date

Face Amount ($000)

5.000%

4/1/35

1,600

Market Value• ($000) 1,788 62,332

Louisiana (0.6%) East Baton Rouge Parish LA Sewer Commission Revenue East Baton Rouge Parish LA Sewer Commission Revenue Lafayette LA Communications System Revenue Lafayette LA Communications System Revenue Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (East Baton Rouge Sewerage Commission Projects) Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (LCTCS Facilities Corp. Project) Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (Women’s Hospital Foundation Project) Louisiana Stadium & Exposition District Revenue Louisiana Stadium & Exposition District Revenue Louisiana State University Revenue Louisiana State University Revenue St. Charles Parish LA Gulf Opportunity Zone Revenue (Valero Energy Corp.) PUT

5.000% 5.000% 5.000% 5.000%

2/1/33 2/1/34 11/1/26 (4) 11/1/28 (4)

5,405 5,290 3,185 1,250

6,349 6,193 3,843 1,478

5.000%

2/1/39

4,250

4,857

5.000%

10/1/35

5,180

6,012

5.875% 5.000% 5.000% 5.000% 5.000% 4.000%

10/1/40 7/1/28 7/1/29 7/1/24 7/1/25 6/1/22

14,000 4,000 3,000 1,000 505 4,000

16,177 4,600 3,433 1,202 602 4,368 59,114

Maine (0.1%) Maine Health & Higher Educational Facilities Authority Revenue (Bates College) Maine Health & Higher Educational Facilities Authority Revenue (Stephens Memorial Hospital Association)

5.000%

7/1/38

4,000

5.000%

7/1/39

5,100

4,600 5,760 10,360

Maryland (1.5%) Baltimore County MD GO Baltimore MD Consolidated Public Improvement GO Baltimore MD Project Revenue Maryland Department of Transportation Revenue Maryland Economic Development Corp. Pollution Control Revenue (Potomac Electric Power Co.) Maryland GO Maryland GO Maryland GO Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (University of Maryland Medical System) Montgomery County MD GO Montgomery County MD GO Prince Georges County MD GO Washington Suburban Sanitation District Maryland GO

5.000% 5.000% 5.000% 4.000% 6.200% 5.000% 4.000% 4.000% 5.000% 5.000% 7.000% 4.000% 4.000% 4.000% 4.000%

2/1/26 8/1/30 7/1/38 12/15/28 9/1/22 3/1/26 3/1/27 6/1/29 8/15/38 7/1/40 7/1/22 (14) 12/1/30 12/1/34 7/1/27 6/1/34

2,800 5,000 5,000 10,000 4,000 17,910 5,000 25,000 10,000 6,500

3,313 6,092 5,766 11,331 4,456 21,708 5,690 28,425 11,292 7,290

8,910 1,000 15,000 8,655 7,315

10,578 1,123 16,555 10,132 8,053 151,804

Massachusetts (2.1%) Massachusetts Bay Transportation Authority General Transportation Revenue Massachusetts Bay Transportation Authority General Transportation Revenue Massachusetts Bay Transportation Authority Sales Tax Revenue Massachusetts Bay Transportation Authority Sales Tax Revenue Massachusetts Bay Transportation Authority Sales Tax Revenue 3 Massachusetts Bay Transportation Authority Sales Tax Revenue TOB VRDO Massachusetts College Building Authority Revenue Massachusetts College Building Authority Revenue Massachusetts Department of Transportation Metropolitan Highway System Revenue Massachusetts Department of Transportation Metropolitan Highway System Revenue Massachusetts Department of Transportation Metropolitan Highway System Revenue Massachusetts Development Finance Agency Revenue (Baystate Medical Obligated Group) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Commonwealth Contract Assistance) Massachusetts Development Finance Agency Revenue (Partners Healthcare) Massachusetts Development Finance Agency Revenue (Wellesley College) Massachusetts Development Finance Agency Revenue (Williams College) Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts GO Massachusetts Health & Educational Facilities Authority Revenue (Boston Medical Center) Massachusetts Health & Educational Facilities Authority Revenue (Boston Medical Center) Massachusetts School Building Authority Dedicated Sales Tax Revenue

247

7.000% 7.000% 5.250% 5.250% 4.000% 0.730% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 4.000% 5.750% 5.750% 5.000%

3/1/21 3/1/21 7/1/18 7/1/18 7/1/33 11/7/16 5/1/17 5/1/35 1/1/26 1/1/27 1/1/35 7/1/44 7/1/33 2/1/40 7/1/47 7/1/42 7/1/34 9/1/31 9/1/32 8/1/36 6/1/43 7/1/18 7/1/18 8/15/30

(ETM) (Prere.) (Prere.)

(ETM)

(Prere.) (Prere.)

2,680 6,070 725 1,775 2,390 10,277 7,460 2,500 8,000 8,000 5,000 5,000 3,205 10,000 6,695 5,000 2,390 12,500 12,500 9,855 1,000 890 7,300 10,100

2,732 7,013 778 1,904 2,619 10,277 7,427 2,797 8,926 8,918 5,579 5,662 3,650 11,254 7,830 5,861 2,887 13,872 13,770 11,448 1,055 959 7,869 12,078

Long-Term Tax-Exempt Fund

Massachusetts School Building Authority Dedicated Sales Tax Revenue Massachusetts School Building Authority Dedicated Sales Tax Revenue Massachusetts Special Obligation Dedicated Tax Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Massachusetts Water Resources Authority Revenue Metropolitan Boston MA Transit Parking Corp. Revenue University of Massachusetts Building Authority Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

4.000% 5.250% 5.500% 5.000% 6.500% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000%

8/15/32 10/15/35 1/1/27 8/1/17 7/15/19 8/1/20 8/1/21 8/1/21 8/1/27 7/1/36 11/1/39

8,800 3,000 7,190 755 8,355 5,000 180 820 3,000 4,500 10,795

9,653 3,543 9,303 779 8,959 5,717 212 965 3,514 5,218 12,733

(14) (Prere.) (ETM) (Prere.) (Prere.) (Prere.)

217,761 Michigan (2.8%) Detroit MI GO Detroit MI GO Detroit MI Water & Sewerage Department Sewage Disposal System Revenue Detroit/Wayne County MI Stadium Authority Revenue Great Lakes MI Water Authority Water Supply System Revenue Great Lakes MI Water Authority Water Supply System Revenue Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) Kent Hospital Finance Authority Michigan Revenue (Spectrum Health System) PUT Kentwood MI Economic Development Corp. Revenue (Holland Home Obligated Group) Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (MidMichigan Obligated Group) Michigan Finance Authority Revenue (State Clean Water Revolving Fund) Michigan Finance Authority Revenue (State Clean Water Revolving Fund) Michigan GO Michigan Hospital Finance Authority Revenue (Henry Ford Health System) Michigan Hospital Finance Authority Revenue (MidMichigan Obligated Group) Michigan Hospital Finance Authority Revenue (Trinity Health) Michigan Municipal Bond Authority Revenue (State Clean Water Revolving Fund) Michigan State University Revenue Michigan State University Revenue Michigan Strategic Fund Limited Obligation Revenue (Holland Home Obligated Group) Michigan Strategic Fund Limited Obligation Revenue (Senate Offices Project) Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) Wayne County MI Airport Authority Revenue Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) Woodhaven-Brownstone MI School District GO Woodhaven-Brownstone MI School District GO

5.000% 5.000% 5.250% 5.000% 4.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.750% 6.125% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000%

4/1/17 4/1/17 7/1/39 10/1/26 7/1/33 7/1/46 11/1/40 1/15/42 11/15/37 4/15/29 10/15/29 4/15/31 4/15/38 10/15/45 10/15/47 10/1/39 7/1/27 7/1/28 7/1/29 7/1/32 7/1/32 7/1/34 7/1/34 7/1/44 11/15/41 5/15/33 5/15/38 6/1/39 10/1/25 10/1/26 9/15/17 11/15/19 6/1/19 12/1/48 10/1/17 8/15/26 8/15/27 11/15/42 10/15/40 8/1/19 9/1/39 12/1/45 12/1/39 5/1/27 5/1/28

(ETM) (12)(ETM) (4) (4)

(4) (14) (14)

(Prere.) (Prere.) (Prere.) (Prere.)

(Prere.)

(15)

491 2,679 1,000 2,500 10,000 20,000 17,330 10,805 8,875 2,925 1,375 12,000 2,000 3,900 2,000 13,195 500 3,000 1,000 2,210 5,000 1,165 7,500 3,670 10,000 4,000 13,500 6,000 1,500 3,100 14,000 5,000 9,000 2,300 8,870 1,165 1,000 4,765 5,500 8,000 8,245 5,000 3,000 3,675 3,705

500 2,726 1,117 2,787 10,533 22,424 19,450 11,833 9,679 3,515 1,639 14,245 2,331 4,499 2,349 14,854 595 3,593 1,172 2,527 5,684 1,326 8,465 4,032 11,296 4,621 15,389 6,835 1,796 3,710 14,543 5,699 10,162 2,526 9,214 1,406 1,204 5,160 6,363 9,086 9,306 5,755 3,467 4,521 4,511 288,445

Minnesota (1.4%) Duluth MN Independent School District No. 709 COP Duluth MN Independent School District No. 709 COP Minneapolis MN Health Care System Revenue (Fairview Health Services) Minneapolis MN Special School District No. 1 COP Minneapolis MN Special School District No. 1 COP Minnesota COP Minnesota GO Minnesota GO Minnesota GO

5.000% 4.000% 6.750% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000%

248

2/1/26 2/1/27 11/15/18 (Prere.) 2/1/29 2/1/30 6/1/31 8/1/22 8/1/24 8/1/34

2,000 1,200 4,250 11,120 11,505 3,730 22,640 13,070 18,000

2,465 1,359 4,748 12,090 12,408 4,418 27,335 16,400 21,879

Long-Term Tax-Exempt Fund

Rochester MN Health Care Facilities Revenue (Mayo Clinic) Rochester MN Health Care Facilities Revenue (Mayo Clinic) Rochester MN Health Care Facilities Revenue (Mayo Clinic) University of Minnesota Revenue University of Minnesota Revenue University of Minnesota Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.125% 5.000% 5.000%

11/15/33 11/15/34 11/15/35 4/1/34 8/1/35 4/1/36

5,000 10,000 2,500 1,250 10,300 1,800

6,498 13,049 3,273 1,370 11,560 2,177 141,029

Mississippi (0.4%) Jackson MS Public School District GO Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Health System) Mississippi State University Educational Building Corp. Revenue S.M. Educational Building Corp. Mississippi Revenue (Residence Hall Construction & Refunding Project) Warren County MS Gulf Opportunity Zone Revenue (International Paper Co. Projects) Warren County MS Gulf Opportunity Zone Revenue (International Paper Co. Projects)

5.000% 5.000% 5.250%

4/1/28 9/1/41 8/1/38

1,645 5,000 2,500

2,000 5,593 2,965

5.000% 6.500% 5.375%

3/1/43 9/1/32 12/1/35

14,490 10,000 4,750

16,283 10,872 5,388 43,101

Missouri (1.2%) Bi-State Development Agency of the Missouri-Illinois Metropolitan District Mass Transit Sales Tax Revenue Curators of the University of Missouri System Facilities Revenue Curators of the University of Missouri System Facilities Revenue Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) Kansas City MO Special Obligation Revenue (Downtown Arena Project) Kansas City MO Special Obligation Revenue (Downtown Arena Project) Kansas City MO Special Obligation Revenue (Downtown Arena Project) Kansas City MO Special Obligation Revenue (Kansas City Downtown Redevelopment District) Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) Missouri Health & Educational Facilities Authority Revenue (Children’s Mercy Hospital) Missouri Health & Educational Facilities Authority Revenue (Children’s Mercy Hospital) Missouri Health & Educational Facilities Authority Revenue (Washington University) Missouri Health & Educational Facilities Authority Revenue (Washington University) Missouri Highways & Transportation Commission Road Revenue St. Louis MO Sewer & Wastewater Revenue St. Louis MO Sewer & Wastewater Revenue St. Louis MO Sewer & Wastewater Revenue

5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.500% 4.000% 4.000% 5.375% 5.000% 5.000% 5.000% 5.000% 5.000%

10/1/44 11/1/24 11/1/33 12/1/30 12/1/31 4/1/29 4/1/30 4/1/40 9/1/39 11/15/18 (Prere.) 11/15/33 5/15/34 5/15/39 3/15/18 (Prere.) 11/15/37 5/1/25 5/1/30 5/1/31 5/1/45

4,670 1,500 5,000 5,190 10,000 2,755 6,905 6,750 3,150 2,800 700 5,000 8,000 8,000 14,950 10,000 3,380 2,000 10,000

5,341 1,757 5,491 6,155 11,803 3,270 8,128 7,731 3,650 3,061 752 5,234 8,276 8,496 17,264 12,397 4,134 2,432 11,837 127,209

Montana (0.0%) Forsyth MT Pollution Control Revenue (Puget Sound Energy Project) Nebraska (0.2%) Central Plains Energy Project Nebraska Gas Project Revenue (Project No. 1) Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) Municipal Energy Agency of Nebraska Power Supply System Revenue Municipal Energy Agency of Nebraska Power Supply System Revenue 2 Omaha NE Public Power District Electric Revenue University of Nebraska Student Fee Revenue

3.900%

3/1/31

3,575

3,774

5.250%

12/1/20

5,000

5,712

5.000% 5.375% 5.000% 5.500% 5.000%

11/1/45 4/1/19 (Prere.) 4/1/29 2/1/18 (Prere.) 7/1/37

2,500 3,000 2,000 5,000 5,000

2,825 3,312 2,292 5,289 5,727 25,157

Nevada (0.6%) Clark County NV GO Las Vegas NV GO Las Vegas NV GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Las Vegas Valley Water District Nevada GO Nevada Highway Improvement Revenue (Motor Vehicle Fuel Tax) Nevada Highway Improvement Revenue (Motor Vehicle Fuel Tax)

6.500% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/1/17 (2) 9/1/32 9/1/33 6/1/27 6/1/29 6/1/30 2/1/31 6/1/32 6/1/18 (Prere.) 6/1/18 (Prere.)

5,000 8,860 9,220 1,050 7,470 7,845 2,125 2,800 10,255 5,000

5,166 9,712 10,060 1,243 8,783 9,186 2,228 3,372 10,921 5,325 65,996

New Hampshire (0.3%) New Hampshire Health & Education Facilities Authority Revenue (Dartmouth College) New Hampshire Health & Education Facilities Authority Revenue (Southern New Hampshire University) New Hampshire Health & Education Facilities Authority Revenue (Southern New Hampshire University)

249

6.000%

8/1/38

2,400

2,695

5.000%

1/1/34

1,375

1,527

5.000%

1/1/42

7,955

8,811

Long-Term Tax-Exempt Fund

1 1 1

New New New New

Hampshire Hampshire Hampshire Hampshire

Health & Education Facilities Authority Revenue (Wentworth Douglas Hospital) Municipal Bond Bank Revenue Municipal Bond Bank Revenue Municipal Bond Bank Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

7.000% 4.000% 4.000% 4.000%

1/1/38 8/15/30 8/15/31 8/15/32

8,000 1,000 640 1,000

9,521 1,118 710 1,104 25,486

New Jersey (3.3%) Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue (Cooper Health System Obligated Group) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Educational Facilities Authority Revenue (College of New Jersey) New Jersey Educational Facilities Authority Revenue (College of New Jersey) New Jersey Educational Facilities Authority Revenue (University Medical & Dentistry) New Jersey Health Care Facilities Financing Authority Lease Revenue (Greystone Park Psychiatric Hospital Project) New Jersey Health Care Facilities Financing Authority Revenue (Inspira Health System Obligated Group) New Jersey Health Care Facilities Financing Authority Revenue (Inspira Health System Obligated Group) New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) New Jersey Housing & Mortgage Finance Agency Single Family Housing Revenue New Jersey Housing & Mortgage Finance Agency Single Family Housing Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 1 New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 1 New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue 1 New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Turnpike Authority Revenue New Jersey Turnpike Authority Revenue New Jersey Turnpike Authority Revenue South Jersey Transportation Authority New Jersey Transportation System Revenue

5.750% 5.500% 5.000% 5.500% 5.500% 5.000% 4.000% 4.000% 7.500%

2/15/42 12/15/19 3/1/26 9/1/26 9/1/27 3/1/28 7/1/34 7/1/35 6/1/19

5,000 10,000 3,000 10,000 9,000 20,000 1,000 1,750 7,250

5,773 11,010 3,332 11,852 11,071 22,101 1,076 1,878 8,431

5.000%

9/15/29

7,335

8,108

5.000%

7/1/27

5,755

7,031

5.000% 5.750% 4.250% 6.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.500% 5.250% 5.000% 5.500% 5.500% 5.250% 5.250% 0.000% 5.250% 0.000% 5.000% 0.000% 5.500% 5.150% 5.000% 5.000% 5.000%

7/1/29 7/1/33 10/1/32 10/1/38 6/15/27 6/15/28 6/15/30 6/15/30 6/15/31 6/15/28 6/15/29 6/15/32 6/15/39 6/15/41 6/15/44 12/15/21 12/15/21 6/15/22 12/15/22 12/15/25 6/15/26 12/15/27 6/15/32 12/15/32 12/15/38 1/1/17 1/1/29 1/1/30 11/1/27

2,670 8,190 1,290 100 1,000 2,500 2,550 10,885 7,000 12,000 1,925 3,000 5,300 7,300 10,000 5,180 30,000 5,000 8,500 15,000 2,000 15,000 7,400 17,000 8,000 34,500 8,000 10,795 2,000

3,211 9,055 1,349 103 1,130 2,799 2,829 11,326 7,271 13,313 2,104 3,376 5,948 8,134 10,806 5,888 34,915 5,539 9,660 10,982 2,226 9,743 8,135 8,963 8,566 34,757 9,449 12,522 2,258

(2) (2) (14)

(Prere.)

(14) (2) (2)

(4) (12) (Prere.)

338,020 New Mexico (0.4%) New Mexico Hospital Equipment Loan Council Hospital System Revenue (Presbyterian Healthcare Services) New Mexico Hospital Equipment Loan Council Hospital System Revenue (Presbyterian Healthcare Services) New Mexico Hospital Equipment Loan Council Hospital System Revenue (Presbyterian Healthcare Services)

5.000%

8/1/39

6,500

7,028

5.000%

8/1/42

15,025

16,982

5.000%

8/1/44

10,100

11,703 35,713

New York (14.9%) Brooklyn NY Local Development Corp. PILOT Revenue (Barclays Center Project) Erie County NY Industrial Development Agency School Facility Revenue (Buffalo City School District Project) Erie County NY Industrial Development Agency School Facility Revenue (Buffalo City School District Project) Hudson Yards Infrastructure Corp. New York Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue

6.375% 5.000% 5.000% 5.750% 6.250% 5.000% 5.000%

250

1/15/20 (Prere.) 5/1/24 5/1/25 2/15/47 4/1/19 (Prere.) 9/1/39 9/1/41

6,000

6,996

8,120

9,665

6,710 28,730 3,000 2,000 3,250

7,981 33,568 3,375 2,306 3,782

Long-Term Tax-Exempt Fund

Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Nassau County NY Local Economic Assistance & Financing Corp. Revenue (Winthrop University Hospital Association Project) New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO VRDO New York City NY GO VRDO New York City NY GO VRDO New York City NY GO VRDO New York City NY Health & Hospital Corp. Revenue (Health System) New York City NY Industrial Development Agency PILOT Revenue (Yankee Stadium Project) New York City NY Industrial Development Agency PILOT Revenue (Yankee Stadium Project) New York City NY Industrial Development Agency PILOT Revenue (Yankee Stadium Project) New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue

251

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000%

9/1/44 9/1/46

14,000 1,735

16,121 2,009

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 4.000% 5.000% 0.500% 0.500% 0.510% 0.520% 5.000% 0.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.375% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 0.500% 0.500% 0.500% 0.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

7/1/32 8/1/17 8/1/23 8/1/23 8/1/24 8/1/24 8/1/25 8/1/25 8/1/25 8/1/26 8/1/26 8/1/27 8/1/31 3/1/32 8/1/32 8/1/32 10/1/32 8/1/35 8/1/36 8/1/37 11/1/16 11/1/16 11/1/16 11/1/16 2/15/30 3/1/20 3/1/22 3/1/24 6/15/28 6/15/31 6/15/32 6/15/34 6/15/34 6/15/35 6/15/35 6/15/36 6/15/39 6/15/43 6/15/43 6/15/43 6/15/44 6/15/44 6/15/45 6/15/45 6/15/46 11/1/16 11/1/16 11/1/16 11/1/16 1/15/28 7/15/31 7/15/32 7/15/32 7/15/33 7/15/37 7/15/37 7/15/40 5/1/17 5/1/19 11/1/29 2/1/30 2/1/32 2/1/33 11/1/33 5/1/34 11/1/34 2/1/35

3,000 780 8,000 9,550 10,195 4,665 5,000 9,160 5,000 2,765 8,065 7,000 5,000 5,000 5,000 5,000 5,260 1,500 7,500 7,690 3,450 1,300 1,700 9,700 6,000 8,400 4,585 9,670 2,000 10,000 6,580 3,500 9,000 7,500 4,150 5,000 20,000 10,000 21,000 1,500 13,775 5,000 1,000 6,320 5,000 3,000 4,100 5,420 1,600 12,000 5,000 16,000 800 5,000 10,000 2,750 8,000 7,795 870 15,000 5,000 10,000 2,500 5,000 6,130 7,000 8,940

3,370 805 9,772 11,439 12,388 5,580 5,516 11,045 6,029 3,295 10,096 7,714 5,806 5,849 5,536 5,806 6,223 1,738 8,136 9,124 3,450 1,300 1,700 9,700 6,602 7,925 4,139 8,211 2,369 11,277 7,631 4,078 10,685 8,261 4,939 5,931 23,601 11,481 24,336 1,747 15,815 5,812 1,159 7,276 5,850 3,000 4,100 5,420 1,600 12,584 5,846 18,439 934 5,762 11,674 3,199 9,419 7,962 956 17,884 6,051 11,935 2,934 5,844 6,720 8,347 10,242

(Prere.)

LOC LOC (12) (12) (12)

(Prere.) (Prere.)

Long-Term Tax-Exempt Fund

3

3

3

New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue TOB VRDO New York City NY Transitional Finance Authority Future Tax Revenue VRDO New York City NY Trust for Cultural Resources Revenue (Wildlife Conservation Society) TOB VRDO New York Convention Center Development Corp. Revenue New York Counties Tobacco Trust Revenue New York Liberty Development Corp. Revenue New York Liberty Development Corp. Revenue New York Liberty Development Corp. Revenue New York Liberty Development Corp. Revenue New York Liberty Development Corp. Revenue New York Liberty Development Corp. Revenue (Goldman Sachs Headquarters) New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue (Dedicated Petroleum Tax) New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) New York Metropolitan Transportation Authority Revenue (Transit Revenue) New York Metropolitan Transportation Authority Revenue (Transit Revenue) New York Metropolitan Transportation Authority Revenue (Transit Revenue) New York Metropolitan Transportation Authority Revenue (Transit Revenue) New York Metropolitan Transportation Authority Revenue (Transit Revenue) New York Metropolitan Transportation Authority Revenue (Transit Revenue) New York State Dormitory Authority Lease Revenue (State University Dormitory Facilities) New York State Dormitory Authority Revenue (Mental Health Services Facilities Improvement) New York State Dormitory Authority Revenue (New York University) New York State Dormitory Authority Revenue (New York University) New York State Dormitory Authority Revenue (New York University) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (School Districts Financing Program) New York State Dormitory Authority Revenue (State University Educational Facilities) New York State Dormitory Authority Revenue (The New School) New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds)

252

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.620% 0.500%

11/1/35 2/1/36 2/1/37 8/1/37 11/1/39 2/1/41 2/1/42 11/1/16 11/1/16

10,000 10,000 9,000 7,135 15,875 23,000 4,500 5,880 7,900

11,886 10,861 10,726 8,591 18,063 26,722 5,179 5,880 7,900

0.680% 5.000% 6.250% 5.000% 5.000% 5.125% 5.000% 5.750% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.250% 5.000% 5.000% 5.250% 5.000% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.125% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.000%

11/7/16 11/15/45 6/1/41 11/15/31 12/15/41 1/15/44 11/15/44 11/15/51 10/1/35 11/15/29 11/15/30 11/15/30 11/15/31 11/15/31 11/15/31 11/15/32 11/15/33 11/15/37 11/15/38 11/15/38 11/15/40 11/15/45 11/15/56 11/15/56 11/15/34 11/15/24 11/15/24 11/15/28 11/15/28 11/15/29 11/15/32 11/1/25 11/15/25 11/15/26 11/15/31 11/15/38 11/15/41 7/1/40 8/15/19 7/1/27 7/1/27 7/1/37 12/15/16 12/15/21 2/15/22 3/15/27 3/15/28 12/15/30 2/15/31 3/15/33 3/15/34 2/15/37 3/15/38 2/15/39 3/15/42 10/1/22 5/15/26 7/1/20

5,335 5,130 7,950 3,000 12,100 5,000 7,550 18,500 100 5,000 4,750 6,000 11,935 6,000 10,000 4,500 5,400 11,105 5,000 8,550 7,500 7,000 4,625 5,500 3,750 5,000 3,000 10,250 2,000 11,500 18,220 5,575 7,000 9,885 3,000 10,000 6,000 8,700 10 6,185 10,000 2,300 5,000 5 610 5,650 4,750 26,300 9,120 10,000 22,000 2,250 7,500 20,000 25,000 7,240 2,000 5,000

5,335 5,972 8,343 3,440 13,884 5,535 8,561 21,703 126 5,921 5,631 7,178 13,920 7,138 12,249 5,335 6,295 13,284 5,769 9,865 8,568 8,122 5,520 6,613 4,181 5,898 3,539 12,352 2,346 14,568 22,589 6,689 8,407 11,834 3,493 11,646 7,048 9,774 11 7,855 12,699 2,684 5,026 6 729 6,655 5,172 31,141 10,636 11,654 25,370 2,612 8,810 23,330 28,642 8,542 2,369 5,886

5.000%

6/15/29

5,860

7,090

(ETM) (14) (Prere.) (ETM) (Prere.)

(4) (Prere.)

Long-Term Tax-Exempt Fund

New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) New York State Environmental Facilities Corp. Revenue (State Revolving Funds) New York State GO New York State GO New York State Thruway Authority Revenue New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) New York State Thruway Authority Revenue (Highway & Bridge Trust Fund) New York State Thruway Authority Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue New York State Urban Development Corp. Revenue New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) New York State Urban Development Corp. Revenue (Personal Income Tax) Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Special Obligation Revenue (John F. Kennedy International Air Terminal LLC) Tompkins County NY Industrial Development Agency Civic Facility Revenue (Cornell University) Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Utility Debt Securitization Authority New York Revenue Utility Debt Securitization Authority New York Revenue Utility Debt Securitization Authority New York Revenue Utility Debt Securitization Authority New York Revenue Utility Debt Securitization Authority New York Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

6/15/36

3,500

4,057

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.625% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/15/41 5/15/43 2/1/30 2/15/30 1/1/26 10/1/18 (Prere.) 4/1/30 4/1/31 3/15/30 1/1/23 1/1/28 12/15/21 3/15/28 3/15/29 3/15/31 3/15/32 3/15/32 3/15/33 10/15/28 10/15/31 9/1/33 5/1/36 5/1/38

16,750 5,000 3,385 4,000 10,000 5,000 5,000 6,265 8,000 7,785 7,385 10,000 15,000 5,000 10,000 11,170 5,835 10,000 4,000 2,000 3,905 3,425 4,180

20,137 5,730 3,783 4,631 12,165 5,391 5,828 7,295 9,067 8,313 8,107 11,201 18,567 6,127 11,898 13,261 7,007 11,839 4,965 2,440 4,672 3,846 4,679

6.000% 5.000% 6.125% 5.000% 5.250% 5.000% 5.000% 5.000% 4.000% 5.000%

12/1/42 7/1/37 1/1/21 (ETM) 11/15/29 11/15/38 12/15/27 12/15/28 12/15/32 12/15/37 12/15/37

10,000 10,000 6,565 6,710 12,500 5,000 10,000 14,480 7,500 19,000

11,584 11,303 7,449 8,369 13,278 6,283 12,574 17,753 8,271 22,818 1,523,283

North Carolina (1.0%) Buncombe County NC Limited Obligation Revenue Buncombe County NC Limited Obligation Revenue Cabarrus County NC Installment Financing Contract Revenue Cabarrus County NC Installment Financing Contract Revenue Cabarrus County NC Installment Financing Contract Revenue Cape Fear NC Public Utility Authority Water & Sewer System Revenue Charlotte NC Airport Revenue Charlotte NC Airport Revenue Charlotte NC Water & Sewer System Revenue North Carolina Capital Facilities Finance Agency Revenue (Duke University Project) North Carolina Eastern Municipal Power Agency Power Systems Revenue North Carolina Eastern Municipal Power Agency Power Systems Revenue North Carolina Eastern Municipal Power Agency Power Systems Revenue North Carolina GAN North Carolina Medical Care Commission Health Care Facilities Revenue (Vidant Health) North Carolina Medical Care Commission Hospital Revenue (North Carolina Baptist Hospital) North Carolina Medical Care Commission Retirement Facilities Mortgage Revenue (Salemtowne Project) North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) Winston-Salem NC Water & Sewer System Revenue Winston-Salem NC Water & Sewer System Revenue Winston-Salem NC Water & Sewer System Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.250%

6/1/27 6/1/28 4/1/28 4/1/30 4/1/32 8/1/27 7/1/26 7/1/36 7/1/33 10/1/55 1/1/18 (Prere.) 1/1/19 (Prere.) 1/1/19 (Prere.) 3/1/28 6/1/36 6/1/29

2,860 1,500 1,000 1,000 1,825 2,600 2,205 2,000 5,000 6,000 5,010 5,000 3,000 20,000 500 3,000

3,507 1,829 1,242 1,222 2,202 3,289 2,508 2,271 5,652 7,035 5,244 5,422 3,291 24,012 563 3,361

5.375% 5.000% 4.000% 4.000% 4.000%

10/1/45 1/1/31 6/1/30 6/1/31 6/1/32

10,000 12,000 1,610 1,500 2,000

10,924 14,411 1,840 1,701 2,254 103,780

Ohio (1.4%) Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) Buckeye Tobacco Settlement Financing Authority Ohio Revenue Butler County OH Hospital Facilities Revenue (Kettering Health Network)

5.250% 5.000% 5.000% 5.000% 5.875% 6.375%

253

9/1/27 5/1/42 2/15/25 2/15/41 6/1/47 4/1/36

10,000 1,300 4,000 8,315 5,000 5,465

11,345 1,451 4,687 9,618 4,700 6,343

Long-Term Tax-Exempt Fund

1

Butler County OH Hospital Facilities Revenue (Kettering Health Network) Butler County OH Hospital Facilities Revenue (UC Health) Cleveland OH Water Revenue Cleveland OH Water Revenue Cleveland-Cuyahoga County OH Port Authority Revenue (Euclid Avenue Development Corp. Project) Cleveland-Cuyahoga County OH Port Authority Revenue (Euclid Avenue Development Corp. Project) Franklin County OH Health Care Facilities Improvement Revenue (OPRS Communities) Franklin County OH Health Care Facilities Improvement Revenue (OPRS Communities) Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) Middletown OH City School District GO Ohio GO Ohio Hospital Revenue (Cleveland Clinic Health System Obligated Group) Ohio Hospital Revenue (University Hospitals Health System Inc.) Ohio State University General Receipts Revenue Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.625% 5.000% 4.000% 4.000%

4/1/41 11/15/45 1/1/31 1/1/32

5,000 8,810 1,355 1,500

5,632 9,987 1,460 1,607

5.000%

8/1/33

3,510

4,023

3,690 2,235 11,975 3,250 6,000 5,270 3,220 4,715 3,000 10,000 7,750 7,000 3,500

4,210 2,534 13,097 3,773 6,940 6,010 3,836 4,833 3,492 10,892 8,511 8,135 3,720

5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 6.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.750%

8/1/34 7/1/29 7/1/38 11/15/27 11/15/28 11/15/29 11/15/41 6/1/17 (Prere.) 2/1/29 1/1/39 1/15/41 6/1/38 2/15/18 (Prere.)

140,836 Oklahoma (0.1%) Oklahoma Capitol Improvement Authority Highway Improvement Revenue Oklahoma Capitol Improvement Authority Highway Improvement Revenue Oklahoma Turnpike Authority Revenue

4.000% 4.000% 5.000%

7/1/33 7/1/34 1/1/28

5,000 2,000 775

5,404 2,154 888 8,446

Oregon (0.5%) Deschutes County OR Hospital Facilities Authority Revenue (St. Charles Memorial Hospital Inc.) Deschutes County OR Hospital Facilities Authority Revenue (St. Charles Memorial Hospital Inc.) Deschutes County OR Hospital Facilities Authority Revenue (St. Charles Memorial Hospital Inc.) Eugene OR Electric Utility System Revenue Eugene OR Electric Utility System Revenue Eugene OR Electric Utility System Revenue Oregon Department of Administrative Services COP Oregon Department of Administrative Services Lottery Revenue Oregon Department of Transportation Highway User Tax Revenue Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO Oregon GO (Oregon University System Projects) Oregon Health & Science University Revenue Umatilla County OR Hospital Facility Authority Revenue (Catholic Health Initiatives)

4.000% 4.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

1/1/33 1/1/34 1/1/35 8/1/31 8/1/32 8/1/33 5/1/19 (Prere.) 4/1/30 11/15/30 5/1/27 6/1/27 5/1/28 6/1/28 5/1/29 6/1/29 8/1/36 7/1/27 5/1/22

1,000 500 1,000 700 1,250 1,000 6,755 4,000 4,345 3,110 1,990 770 2,090 2,000 2,195 2,000 2,150 10,860

1,080 538 1,071 788 1,396 1,111 7,415 4,626 5,305 3,956 2,534 973 2,642 2,506 2,753 2,308 2,529 10,899 54,430

Pennsylvania (4.9%) Allegheny County PA GO 3 Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) TOB VRDO Allegheny County PA Port Authority Revenue Centre County PA Hospital Authority Revenue (Mount Nittany Medical Center Project) Delaware County PA Authority Hospital Revenue (Crozer-Keystone Obligated Group) Delaware County PA Authority University Revenue (Villanova University) Delaware County PA Authority University Revenue (Villanova University) Delaware County PA Authority University Revenue (Villanova University) Delaware County PA Authority University Revenue (Villanova University) Delaware County PA Authority University Revenue (Villanova University) Delaware County PA Authority University Revenue (Villanova University) Franklin County PA Industrial Development Authority Revenue (Chambersburg Hospital Project) 1 Monroe County PA Hospital Authority Revenue (Pocono Medical Center) Monroeville PA Finance Authority Revenue (UPMC Health System) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Revenue (Philadelphia Presbyterian Homes Inc. Project) Montgomery County PA Industrial Development Authority Revenue (Philadelphia Presbyterian Homes Inc. Project)

254

5.000% 0.620% 5.750% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.375% 5.000% 5.000%

11/1/28 11/1/16 LOC 3/1/29 11/15/32 12/15/16 (Prere.) 12/1/30 8/1/31 8/1/32 8/1/33 8/1/34 8/1/35 7/1/42 7/1/36 2/15/27

5,000

6,154

25,590 8,000 3,000 4,920 1,855 800 920 2,625 2,000 2,160 4,325 2,000 3,095

25,590 9,396 3,420 4,945 2,082 951 1,089 3,095 2,351 2,530 4,834 2,263 3,856

5.250%

1/15/45

5,000

5,529

7.000%

12/1/35

3,000

3,459

7.000%

12/1/40

2,390

2,737

Long-Term Tax-Exempt Fund

Moon Industrial Development Authority Pennsylvania Revenue (Baptist Home Society Obligated Group) Moon Industrial Development Authority Pennsylvania Revenue (Baptist Home Society Obligated Group) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) Pennsylvania GO Pennsylvania Higher Educational Facilities Authority Revenue (Bryn Mawr College) Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) Pennsylvania Higher Educational Facilities Authority Revenue (St. Joseph’s University) Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) Pennsylvania Higher Educational Facilities Authority Revenue (Temple University) Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) Pennsylvania Higher Educational Facilities Authority Revenue (Trustees of the University of Pennsylvania) Pennsylvania Higher Educational Facilities Authority Revenue (Trustees of the University of Pennsylvania) Pennsylvania Higher Educational Facilities Authority Revenue (University of Pennsylvania Health System) Pennsylvania Higher Educational Facilities Authority Student Housing Revenue (University Properties Inc.) Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania State University Revenue Pennsylvania Turnpike Commission Motor License Fund Revenue Pennsylvania Turnpike Commission Motor License Fund Revenue Pennsylvania Turnpike Commission Motor License Fund Revenue Pennsylvania Turnpike Commission Motor License Fund Revenue Pennsylvania Turnpike Commission Oil Franchise Tax Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Philadelphia PA Authority for Industrial Development Revenue (Temple University) Philadelphia PA GO Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Temple University Health System Obligated Group) Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Temple University Health System Obligated Group) Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Temple University Health System Obligated Group) Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO

255

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

6.000%

7/1/45

6,140

6,888

6.125%

7/1/50

5,015

5,650

5.500%

8/15/18 (Prere.)

3,500

3,782

5.500% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250%

8/15/18 (Prere.) 2/1/30 2/1/34 7/1/38 8/15/28 (4) 12/1/38 6/15/29 11/1/40 4/1/27 4/1/28 4/1/30 4/1/31 4/1/32 9/1/45 9/1/50

2,500 13,955 3,000 12,000 15,000 4,500 1,000 5,160 1,120 3,100 3,000 1,500 1,500 2,000 18,000

2,702 16,324 3,450 13,540 16,671 5,268 1,140 5,773 1,304 3,597 3,448 1,719 1,713 2,277 20,794

4.000%

8/15/32

2,750

3,038

4.000%

8/15/33

1,555

1,708

5.000%

8/15/40

8,000

9,268

5.000% 5.000% 5.000% 5.000% 5.500% 5.500% 5.000% 5.000% 5.000% 5.250% 5.500% 5.000% 5.000% 6.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 4.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000%

7/1/42 9/1/27 9/1/28 9/1/28 12/1/28 12/1/31 12/1/42 12/1/43 12/1/22 6/1/18 6/1/18 6/1/19 6/1/19 12/1/20 6/1/27 6/1/28 6/1/28 6/1/29 6/1/29 12/1/30 12/1/33 12/1/34 12/1/34 12/1/37 12/1/38 12/1/39 12/1/40 12/1/40 12/1/44 12/1/45 4/1/45 8/1/29

4,790 830 1,000 3,000 9,015 7,255 1,000 5,000 1,000 4,000 5,000 1,085 4,915 6,000 11,325 7,555 1,750 3,750 13,000 1,400 9,200 3,500 11,670 6,000 15,990 5,000 16,400 6,400 12,000 3,500 6,035 5,735

5,033 1,040 1,224 3,672 10,883 8,711 1,134 5,665 1,203 4,277 5,366 1,196 5,416 7,294 13,593 8,978 2,080 4,425 15,606 1,563 10,830 3,159 12,182 5,321 17,577 5,771 18,449 7,289 13,786 4,077 6,907 6,728

5.500%

7/1/26

3,000

3,046

5.500%

7/1/30

5,000

5,071

5.625% 6.000% 6.000% 6.000%

7/1/42 9/1/18 (Prere.) 9/1/18 (Prere.) 9/1/18 (Prere.)

3,000 5 5 5

3,314 5 5 5

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(4)

Long-Term Tax-Exempt Fund

Coupon

1

1

Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA Water & Waste Water Revenue State Public School Building Authority Pennsylvania Lease Revenue (School District of Philadelphia) Westmoreland County PA Municipal Authority Revenue Westmoreland County PA Municipal Authority Revenue Wilkes-Barre PA Finance Authority Revenue (University of Scranton Project)

6.000% 6.000% 5.000% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000%

Maturity Date 9/1/18 (Prere.) 9/1/18 (Prere.) 9/1/25 (15) 9/1/38 7/1/45 6/1/25 (4) 8/15/31 8/15/37 11/1/40

Face Amount ($000)

Market Value• ($000)

100 5 10,000 6,880 15,000

109 5 11,789 7,210 17,195

10,000 3,000 4,210 3,500

11,715 3,473 4,790 3,909 506,411

Puerto Rico (0.1%) Puerto Rico Electric Power Authority Revenue

5.250%

Rhode Island (0.3%) Rhode Island & Providence Plantations GO Rhode Island & Providence Plantations GO Rhode Island Health & Educational Building Corp. Public Schools Revenue (Pooled Issue) Rhode Island Health & Educational Building Corp. Public Schools Revenue (Pooled Issue) Rhode Island Housing & Mortgage Finance Corp. Revenue Tobacco Settlement Financing Corp. Rhode Island Revenue

5.500% 5.500% 4.500% 4.500% 4.000% 5.000%

7/1/30 (14)

8/1/29 8/1/31 5/15/18 (Prere.) 5/15/18 (Prere.) 10/1/40 6/1/35

5,000

5,452

7,355 2,520 2,575 1,665 830 10,000

8,664 2,951 2,718 1,757 862 10,834 27,786

South Carolina (1.5%) Charleston County SC Airport District System Revenue Charleston SC Educational Excellence Financing Corp. Revenue (Charleston County School District, South Carolina Project) Charleston SC Educational Excellence Financing Corp. Revenue (Charleston County School District, South Carolina Project) Charleston SC Educational Excellence Financing Corp. Revenue (Charleston County School District, South Carolina Project) Charleston SC Educational Excellence Financing Corp. Revenue (Charleston County School District, South Carolina Project) Florence County SC Hospital Revenue (McLeod Regional Medical Center Project) Piedmont SC Municipal Power Agency Revenue South Carolina Association of Governmental Organizations Educational Facilities Corp. Revenue (Pickens School District) South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue University of South Carolina Higher Education Revenue

5.000%

7/1/43

5,000

5,555

5.000%

12/1/16 (Prere.)

7,000

7,025

5.000%

12/1/16 (Prere.)

10,580

10,618

5.000%

12/1/26

10,000

12,154

5.000% 5.000% 5.750%

12/1/29 11/1/37 1/1/34 (4)

2,500 4,200 10,000

3,021 4,629 11,721

5.000% 5.250% 5.500% 5.500% 5.000% 5.000% 5.125% 5.000% 5.500% 5.250% 5.000% 5.250%

12/1/30 1/1/19 1/1/19 1/1/19 12/1/33 12/1/38 12/1/43 12/1/50 12/1/54 12/1/55 12/1/56 6/1/18

1,500 6,000 795 9,205 20,000 10,000 1,500 5,935 10,000 10,500 7,500 5,610

1,768 6,549 870 10,078 23,805 11,550 1,741 6,679 11,781 12,375 8,545 5,996

(Prere.) (Prere.) (Prere.)

(Prere.)

156,460 South Dakota (0.2%) South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) South Dakota Health & Educational Facilities Authority Revenue (Sanford Health)

5.000% 5.000% 5.000%

11/1/35 11/1/37 11/1/45

3,000 10,045 1,000

3,478 11,269 1,141 15,888

Tennessee (1.2%) Chattanooga TN Health Educational & Housing Facility Board Revenue (Catholic Health Initiatives) Clarksville TN Public Building Authority Revenue (Morristown) VRDO 1 Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue (University Health System Inc.) 1 Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue (University Health System Inc.) Metropolitan Government of Nashville & Davidson County TN GO Shelby County TN GO Shelby County TN Health Educational & Housing Facility Board Revenue (Methodist Healthcare) Shelby County TN Health Educational & Housing Facility Board Revenue (Methodist Le Bonheur Healthcare) VRDO Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue

256

5.250% 0.590%

1/1/45 11/1/16 LOC

5.000%

9/1/36

5.000% 5.000% 5.000% 5.250%

9/1/47 1/1/27 4/1/27 3/1/18 (Prere.)

0.520% 5.000% 5.000% 5.250%

11/1/16 (4) 2/1/19 2/1/20 9/1/20

14,005 4,680

15,608 4,680

2,500

2,828

11,315 5,000 2,855 350

12,590 6,313 3,679 370

4,400 600 360 740

4,400 646 398 839

Long-Term Tax-Exempt Fund

Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee GO Tennessee GO Tennessee GO Tennessee GO Tennessee Housing Development Agency Homeownership Program Revenue Tennessee Housing Development Agency Homeownership Program Revenue Washington County TN GO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.250% 5.000% 5.250% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 4.500% 4.000% 4.000%

9/1/22 2/1/23 9/1/23 9/1/24 9/1/26 2/1/27 9/1/28 9/1/29 8/1/30 9/1/34 7/1/37 7/1/38 6/1/29

990 9,645 3,710 6,175 2,160 19,950 5,750 2,500 1,345 700 1,105 2,695 3,260

1,164 11,244 4,437 7,400 2,648 23,935 7,090 3,067 1,661 842 1,176 2,843 3,729 123,587

Texas (9.4%) Allen TX Independent School District GO Allen TX Independent School District GO Arlington TX Independent School District GO Austin TX Combined Utility System Revenue Austin TX Community College District Public Facilities Corp. Lease Revenue Austin TX Community College District Public Facilities Corp. Lease Revenue Austin TX GO Austin TX Independent School District GO Austin TX Water & Wastewater System Revenue Austin TX Water & Wastewater System Revenue Austin TX Water & Wastewater System Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Clear Creek TX Independent School District GO Clifton TX Higher Education Finance Corp. Revenue (Baylor University) Crowley TX Independent School District GO Crowley TX Independent School District GO Crowley TX Independent School District GO 1 Dallas County TX Utility & Reclamation District GO 2 Dallas TX Area Rapid Transit Sales Tax Revenue Dallas TX Area Rapid Transit Sales Tax Revenue Dallas TX Area Rapid Transit Sales Tax Revenue Dallas TX Civic Center Improvement Revenue Dallas TX Civic Center Improvement Revenue Dallas TX GO Dallas TX GO Dallas TX GO Dallas TX GO Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Denton TX Independent School District GO 1 El Paso County TX Community College District Revenue El Paso TX GO Fort Bend County TX GO Fort Bend TX Grand Parkway Toll Road Authority Revenue Friendswood TX Independent School District GO Grand Parkway Transportation Corp. Texas System Toll Revenue Grand Parkway Transportation Corp. Texas System Toll Revenue Grand Parkway Transportation Corp. Texas System Toll Revenue Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Memorial Hermann Healthcare System) 3 Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) TOB VRDO Harris County TX GO Harris County TX Health Facilities Development Corp. Hospital Revenue (Memorial Hermann Healthcare System) Harris County TX Sports Authority Revenue Harris County TX Sports Authority Revenue Harris County TX Sports Authority Revenue Harris County TX Toll Road Revenue Hays County TX GO

5.000% 5.000% 4.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.750% 6.250% 6.750% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 0.000% 0.000% 5.250%

2/15/38 2/15/39 2/15/30 5/15/17 8/1/29 8/1/31 9/1/32 8/1/26 11/15/25 11/15/25 11/15/27 1/1/21 1/1/21 1/1/21 1/1/45 2/15/30 3/1/29 8/1/37 8/1/38 8/1/39 2/15/28 12/1/18 12/1/41 12/1/46 8/15/27 8/15/28 2/15/25 2/15/29 2/15/30 2/15/31 11/1/31 11/1/37 11/1/38 8/15/45 4/1/42 8/15/27 3/1/27 3/1/23 2/15/32 10/1/35 10/1/36 10/1/51

5.000% 0.580% 5.000% 7.125% 5.000% 5.000% 5.000% 5.000% 4.000%

257

11,965 12,600 2,000 4,900 3,270 7,140 1,300 1,425 3,000 5,000 2,500 4,260 1,000 2,000 6,000 10,000 3,000 6,000 7,030 5,250 5,000 1,760 8,810 2,585 5,000 2,125 10,000 2,335 3,585 2,485 5,800 5,000 6,410 12,000 5,000 3,625 4,255 1,000 3,630 21,495 8,475 12,000

14,212 14,944 2,226 4,876 3,903 8,406 1,555 1,777 3,516 5,986 3,142 5,036 1,202 2,445 6,744 12,010 3,464 7,110 8,312 6,199 6,118 1,918 10,347 3,025 5,365 2,310 12,192 2,825 4,303 2,968 6,967 5,792 7,418 14,054 5,721 4,490 5,259 1,194 4,018 19,555 7,684 14,159

12/1/35

8,000

9,108

11/1/16 10/1/26

2,800 3,000

2,800 3,757

3,250 2,150 1,465 2,790 2,000 2,265

3,666 2,583 1,711 3,231 2,147 2,496

(14)

(Prere.) (Prere.) (Prere.)

(Prere.)

(12) (12)

(4)

12/1/18 (Prere.) 11/15/27 (4) 11/15/28 11/15/30 8/15/18 (Prere.) 2/15/31

Long-Term Tax-Exempt Fund

Hays County TX GO Highland Park TX Independent School District GO Houston TX Airport System Revenue Houston TX Airport System Revenue Houston TX Community College System GO Houston TX GO Houston TX GO Houston TX GO Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Houston TX Utility System Revenue Humble TX Independent School District GO Lamar TX Consolidated Independent School District GO Lamar TX Consolidated Independent School District GO Lamar TX Consolidated Independent School District GO Laredo TX Community College District GO Laredo TX Community College District GO Laredo TX Community College District GO Lone Star College System Texas GO Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) Lubbock TX GO Mansfield TX Independent School District GO Matagorda County TX Navigation District No. 1 Pollution Control Revenue (Central Power & Light Co. Project) Missouri City TX GO Montgomery County TX GO Montgomery County TX GO New Hope TX Cultural Education Facilities FinanceCorp. First Mortgage Revenue (Morningside Ministries Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (Wesleyan Homes Inc. Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (Wesleyan Homes Inc. Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Texas A&M University Project) North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue Olmos Park TX Higher Education Facilities Corp. Revenue (University of the Incarnate Word Project) Olmos Park TX Higher Education Facilities Corp. Revenue (University of the Incarnate Word Project) Olmos Park TX Higher Education Facilities Corp. Revenue (University of the Incarnate Word Project) Olmos Park TX Higher Education Facilities Corp. Revenue (University of the Incarnate Word Project) Olmos Park TX Higher Education Facilities Corp. Revenue (University of the Incarnate Word Project) Pasadena TX GO Round Rock TX Independent School District GO SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue

258

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

4.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.250% 5.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 4.000% 5.625% 5.625% 5.625% 5.625% 5.000% 5.500% 5.625% 5.000%

2/15/32 2/15/27 7/1/32 7/1/39 2/15/36 3/1/25 3/1/27 3/1/30 5/15/28 11/15/31 11/15/31 11/15/32 2/15/28 2/15/30 2/15/31 2/15/32 8/1/30 8/1/32 8/1/34 2/15/29 5/15/19 5/15/19 5/15/19 5/15/19 5/15/26 5/15/36 5/15/39 5/15/40

3,820 7,680 3,000 5,000 10,000 3,335 20,000 5,395 3,000 17,535 5,000 28,395 10,290 10,000 5,000 6,835 2,000 1,250 1,500 1,150 20 205 10 5 3,000 5,000 4,760 5,000

4,179 9,420 3,445 5,358 11,141 4,051 24,626 6,250 3,609 19,365 5,765 34,522 11,665 11,132 5,531 7,512 2,358 1,461 1,742 1,290 22 228 11 6 3,560 5,503 5,223 5,537

5.000% 4.000% 5.000%

5/15/40 2/15/30 2/15/45

3,500 1,250 5,000

4,001 1,374 5,812

6.300% 4.000% 5.125% 5.250%

11/1/29 6/15/32 3/1/19 (Prere.) 3/1/19 (Prere.)

7,500 1,000 4,000 5,000

8,385 1,085 4,377 5,485

(Prere.) (Prere.) (Prere.) (Prere.)

6.500%

1/1/48

10,350

11,910

5.500%

1/1/43

1,600

1,708

5.500%

1/1/49

1,600

1,700

5.000% 6.250% 6.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.000% 6.250% 6.000%

7/1/47 1/1/19 (Prere.) 2/1/23 1/1/28 1/1/30 9/1/30 9/1/31 1/1/32 1/1/33 1/1/34 1/1/38 1/1/39 9/1/41

6,900 4,880 10,000 2,000 10,000 9,000 2,000 3,000 13,675 14,355 12,500 1,120 2,500

7,459 5,431 11,353 2,397 11,991 10,433 2,313 3,505 15,485 16,225 14,653 1,232 3,017

5.000%

12/1/23

1,000

1,176

5.000%

12/1/24

4,325

5,152

5.000%

12/1/25

4,520

5,350

5.000%

12/1/26

2,250

2,650

5.000% 4.000% 4.000% 5.500%

12/1/27 2/15/32 8/1/30 8/1/22

1,845 1,500 3,130 5,480

2,160 1,642 3,518 6,504

Long-Term Tax-Exempt Fund

SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Electric & Gas Systems Revenue San Antonio TX Water Revenue San Jacinto TX Community College District GO San Jacinto TX Community College District GO San Jacinto TX Community College District GO San Jacinto TX Community College District GO Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Baylor Scott & White Healthcare Project) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Baylor Scott & White Healthcare Project) Tarrant Regional Water District Texas Water Revenue Texas GO Texas GO Texas GO Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Private Activity Surface Transportation Corp. Revenue Texas Private Activity Surface Transportation Corp. Revenue Texas Private Activity Surface Transportation Corp. Revenue Texas State University System Financing System Revenue Texas State University System Financing System Revenue Texas Transportation Commission GO Texas Transportation Commission GO Texas Transportation Commission Mobility Fund GO Texas Transportation Commission Revenue Texas Transportation Commission Turnpike System Revenue Texas Transportation Commission Turnpike System Revenue Texas Turnpike Authority Central Texas Turnpike System Revenue Texas Turnpike Authority Central Texas Turnpike System Revenue Texas Turnpike Authority Central Texas Turnpike System Revenue Texas Turnpike Authority Central Texas Turnpike System Revenue Texas Water Development Board Revenue United TX Independent School District GO United TX Independent School District GO United TX Independent School District GO United TX Independent School District GO University of Houston Texas Revenue University of North Texas Revenue University of North Texas Revenue University of North Texas Revenue Ysleta TX Independent School District GO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

8/1/23 2/1/27 2/1/38 5/15/26 2/15/29 2/15/30 2/15/31 2/15/32

6,155 3,600 6,500 2,000 3,860 4,055 2,250 2,000

7,444 4,543 7,537 2,353 4,696 4,891 2,699 2,386

5.000%

11/15/37

4,500

5,295

5.000% 5.000% 4.000% 5.000% 5.000% 5.250% 5.250% 5.250% 5.250% 5.250% 5.000% 5.250% 7.500% 6.875% 7.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000%

11/15/45 3/1/19 5/15/32 5/15/40 10/1/44 12/15/19 12/15/20 12/15/23 12/15/24 12/15/25 12/15/26 12/15/26 12/31/31 12/31/39 6/30/40 3/15/38 3/15/42 4/1/27 4/1/28 10/1/36 8/15/41 8/15/34 8/15/37 8/15/26 8/15/26 8/15/28 8/15/28 10/15/30 8/15/26 8/15/27 8/15/28 8/15/29 2/15/30 4/15/33 4/15/34 4/15/36 8/15/41

7,265 3,000 2,250 7,000 20,195 600 550 1,390 6,630 2,470 2,700 1,155 4,000 9,000 29,880 3,300 2,000 7,000 10,000 10,000 3,815 6,000 6,440 555 9,445 50 29,955 10,000 2,195 2,300 2,355 2,535 4,610 3,200 3,000 3,000 7,065

8,482 3,278 2,477 8,238 23,690 662 621 1,657 7,930 2,978 3,086 1,404 4,723 10,457 35,252 3,819 2,260 8,805 12,096 11,960 4,319 6,882 7,401 455 7,216 38 21,005 12,255 2,724 2,829 2,880 3,080 5,056 3,756 3,509 3,491 8,298

(Prere.)

(ETM) (2) (ETM) (2)

961,154 Utah (0.4%) Central Utah Water Conservancy District GO Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

4/1/30 6/15/29 6/15/30 6/15/31 6/15/32 6/15/38

4,500 2,500 4,180 3,110 1,855 15,825

5,189 2,953 4,917 3,659 2,177 18,835 37,730

Virginia (1.5%) Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) Fairfax County VA Economic Development Authority Facilities Revenue (County Facilities Project) Fairfax County VA Economic Development Authority Transportation District Improvement Revenue (Silver Line Phase I Project) Fairfax County VA Economic Development Authority Transportation District Improvement Revenue (Silver Line Phase I Project) Fairfax County VA Economic Development Authority Transportation District Improvement Revenue (Silver Line Phase I Project) Fairfax County VA Industrial Development Authority Health Care Revenue (Inova Health System Obligated Group)

259

5.000% 5.000%

10/1/32 10/1/34

1,800 1,145

2,143 1,353

5.000%

4/1/20 (Prere.)

1,000

1,133

4.000%

4/1/31

3,810

4,246

4.000%

4/1/32

11,190

12,373

3,530

3,928

5.500%

5/15/19 (Prere.)

Long-Term Tax-Exempt Fund

Coupon Fairfax County VA Industrial Development Authority Health Care Revenue (Inova Health System Obligated Group) Fairfax County VA Sewer Revenue Henrico County VA Economic Development Authority Revenue (Bon Secours Health System) Henrico County VA Water & Sewer Revenue Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) University of Virginia Revenue University of Virginia Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Commonwealth Transportation Board Revenue Virginia Public Building Authority Public Facilities Revenue Virginia Public Building Authority Public Facilities Revenue

5.500% 4.000% 5.250% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 4.000% 4.000%

Maturity Date 5/15/35 7/15/32 11/1/42 (12) 5/1/27 7/1/28 6/1/37 4/1/45 3/15/26 5/15/30 5/15/32 5/15/33 8/1/27 8/1/28

Face Amount ($000)

Market Value• ($000)

6,470 2,515 3,500 2,585 1,640 8,000 5,000 12,455 28,875 17,375 4,000 8,335 8,675

7,152 2,827 3,882 3,298 1,877 9,528 5,927 13,833 33,775 20,104 4,628 9,290 9,601 150,898

Washington (1.6%) 3 Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue TOB VRDO Chelan County WA Public Utility District No. 1 Hydro-Electric System Revenue (Columbia River-Rock Island Hydro) 2 King County WA Sewer Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Seattle WA Municipal Light & Power Revenue Seattle WA Municipal Light & Power Revenue Snohomish County WA Public Utility District No. 1 Revenue Tobacco Settlement Authority Washington Revenue Tobacco Settlement Authority Washington Revenue University of Washington Revenue Washington Economic Development Finance Authority Lease Revenue (Washington Biomedical Research Properties 2) Washington GO Washington GO Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (Providence Health & Services) 2 Washington Health Care Facilities Authority Revenue (Seattle Children’s Hospital) Washington Health Care Facilities Authority Revenue (Seattle Children’s Hospital) 2 Washington Health Care Facilities Authority Revenue (Swedish Health Services)

0.580%

11/1/16

6,600

6,600

0.000% 5.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.250% 5.000% 5.250% 5.250% 5.000%

6/1/18 (14) 1/1/18 (Prere.) 8/1/29 6/1/30 4/1/31 4/1/32 3/1/33 4/1/34 3/1/35 4/1/29 2/1/33 12/1/40 6/1/29 6/1/30 7/1/34

10,000 7,170 10,500 2,000 3,260 3,425 4,380 3,665 3,240 3,825 2,000 5,000 10,125 9,065 2,000

9,806 7,580 12,201 2,234 3,850 4,028 5,124 4,279 3,768 4,355 2,302 5,868 10,726 9,853 2,367

5.000% 5.000% 5.000% 5.250% 5.500% 5.250% 5.000% 5.000% 5.625% 5.000% 6.250%

6/1/23 2/1/35 8/1/35 8/15/18 8/15/18 8/15/31 8/15/44 10/1/33 10/1/19 10/1/40 5/15/21

1,800 10,000 2,000 6,000 5,490 5,000 5,000 7,500 12,000 2,215 6,500

2,181 11,482 2,313 6,465 5,940 5,288 5,522 8,598 13,593 2,444 7,948

(Prere.) (Prere.) (4)

(Prere.) (Prere.)

166,715 West Virginia (0.4%) West Virginia Economic Development Authority Solid Waste Facilities Disposal Revenue (Appalachian Power Co. - Amos Project) West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical Center Inc.) West Virginia Hospital Finance Authority Hospital Revenue (United Health System Obligated Group) West Virginia University Revenue West Virginia Water Development Authority Infrastructure Excess Lottery Revenue (Chesapeake Bay/Greenbrier River Projects)

5.375% 5.625%

12/1/38 9/1/32

2,500 6,500

2,799 7,101

5.500% 5.000%

6/1/44 10/1/36

20,000 5,985

23,147 6,900

5.000%

7/1/30

3,000

3,587 43,534

Wisconsin (1.2%) Wisconsin GO Wisconsin Health & Educational Facilities Authority (Luther Hospital) Wisconsin Health & Educational Facilities Authority Wisconsin Health & Educational Facilities Authority Wisconsin Health & Educational Facilities Authority (Ascension Health Alliance Credit Group) Wisconsin Health & Educational Facilities Authority (Ascension Health Alliance Credit Group) Wisconsin Health & Educational Facilities Authority Wisconsin Health & Educational Facilities Authority Wisconsin Health & Educational Facilities Authority

6.000%

5/1/36

10,000

11,151

5.750% 5.250% 5.750%

11/15/30 6/1/34 7/1/30

7,500 6,785 6,150

8,303 7,541 6,964

4.000%

11/15/36

15,000

16,069

4.000% 5.625% 5.000% 5.000%

11/15/39 4/15/39 4/1/42 10/1/29

5,000 12,110 20,690 1,700

5,297 13,393 22,989 1,966

Health Care Facilities Revenue Health Facilities Revenue (SSM Health Care) Revenue (Agnesian HealthCare Inc.) Revenue Revenue Revenue (Aurora Health Care Inc.) Revenue (Froedtert & Community Health Inc.) Revenue (Marquette University)

260

Long-Term Tax-Exempt Fund

Coupon Wisconsin Wisconsin Wisconsin Wisconsin Wisconsin Wisconsin Wisconsin Wisconsin

Health & Educational Facilities Health & Educational Facilities Health & Educational Facilities Health & Educational Facilities Health & Educational Facilities Health & Educational Facilities Health & Educational Facilities Transportation Revenue

Authority Authority Authority Authority Authority Authority Authority

Revenue Revenue Revenue Revenue Revenue Revenue Revenue

(Marquette University) (Marquette University) (Marquette University) (Marquette University) (Marquette University) (Medical College Wisconsin) (Ministry Health Care Inc.)

5.000% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000%

Maturity Date 10/1/30 10/1/31 10/1/32 10/1/33 10/1/34 12/1/41 8/15/22 (Prere.) 7/1/31

Face Amount ($000)

Market Value• ($000)

3,260 1,000 1,080 1,385 1,570 15,000 2,950 2,815

3,768 1,091 1,171 1,491 1,681 17,547 3,561 3,295 127,278

Total Tax-Exempt Municipal Bonds (Cost $9,430,361)

10,115,298 Shares

Temporary Cash Investment (1.1%) Money Market Fund (1.1%) Vanguard Municipal Cash Management Fund (Cost $112,210)

0.614%

4

Total Investments (99.8%) (Cost $9,542,571)

1,122,095

112,209 10,227,507 Amount ($000)

Other Assets and Liabilities (0.2%) Other Assets Investment in Vanguard Receivables for Investment Securities Sold Receivables for Accrued Income Receivables for Capital Shares Issued Other Assets

791 48,577 127,990 4,781 1,460

Total Other Assets

183,599

Liabilities Payables for Investment Securities Purchased Payables for Capital Shares Redeemed Payables for Distributions Payables to Vanguard Other Liabilities

(134,250) (9,028) (10,209) (9,937) (2,350)

Total Liabilities

(165,774)

Net Assets (100%)

10,245,332

261

Long-Term Tax-Exempt Fund

At October 31, 2016, net assets consisted of: Amount ($000) Paid-in Capital Undistributed Net Investment Income Accumulated Net Realized Gains Unrealized Appreciation (Depreciation) Investment Securities Futures Contracts

9,538,257 32 22,437 684,936 (330)

Net Assets

10,245,332

Investor Shares—Net Assets Applicable to 85,115,778 outstanding $.001 par value shares of beneficial interest (unlimited authorization) Net Asset Value Per Share—Investor Shares

1,006,850 $11.83

Admiral Shares—Net Assets Applicable to 780,988,952 outstanding $.001 par value shares of beneficial interest (unlimited authorization) Net Asset Value Per Share—Admiral Shares

9,238,482 $11.83

• 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 October 31, 2016. 2 Securities with a value of $3,801,000 have been segregated as initial margin for open futures contracts. 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 October 31, 2016, the aggregate value of these securities was $71,295,000, representing 0.7% of net assets. 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.

262

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.

263

Long-Term Tax-Exempt Fund

Statement of Operations

Statement of Changes in Net Assets

Year Ended October 31, 2016

Year Ended October 31,

($000) Investment Income 364,139

Net Investment Income

Total Income

364,139

Realized Net Gain (Loss)

Expenses The Vanguard Group—Note B Investment Advisory Services

1,055

Management and Administrative— Investor Shares

1,461

Marketing and Distribution— Admiral Shares Custodian Fees

354,293

327,539

Operations

Interest1

Marketing and Distribution— Investor Shares

2015 ($000)

Increase (Decrease) in Net Assets

Income

Management and Administrative— Admiral Shares

2016 ($000)

42,080

20,394

Change in Unrealized Appreciation (Depreciation)

105,324

(64,857)

Net Increase (Decrease) in Net Assets Resulting from Operations

501,697

283,076

Distributions Net Investment Income

6,055 226

Investor Shares

(34,846)

(34,634)

Admiral Shares

(318,057)

(292,289)

Realized Capital Gain1 Investor Shares

(1,272)

(2,184)

Admiral Shares

(11,042)

(17,592)

(365,217)

(346,699)

723

Total Distributions

102

Capital Share Transactions

Auditing Fees

36

Investor Shares

64,359

(22,477)

Shareholders’ Reports—Investor Shares

79

Admiral Shares

1,028,954

664,563

Shareholders’ Reports—Admiral Shares

104

Trustees’ Fees and Expenses Total Expenses Net Investment Income

5 9,846 354,293

Realized Net Gain (Loss) Investment Securities Sold1 Futures Contracts Realized Net Gain (Loss)

Net Increase (Decrease) from Capital Share Transactions

1,093,313

642,086

Total Increase (Decrease)

1,229,793

578,463

Net Assets Beginning of Period End of Period2

40,675 1,405 42,080

Futures Contracts

105,631 (307)

Change in Unrealized Appreciation (Depreciation)

105,324

Net Increase (Decrease) in Net Assets Resulting from Operations

501,697

8,437,076 9,015,539

1 Includes fiscal 2016 and 2015 short-term gain distributions totaling $549,000 and $8,716,000, 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 $32,000 and $36,000.

Change in Unrealized Appreciation (Depreciation) Investment Securities

9,015,539 10,245,332

1 Interest income and realized net gain (loss) from an affiliated company of the fund were $385,000 and $1,000, respectively.

See accompanying Notes, which are an integral part of the Financial Statements. 264

Long-Term Tax-Exempt Fund

Financial Highlights Investor Shares For a Share Outstanding Throughout Each Period Net Asset Value, Beginning of Period

Year Ended October 31, 2016

2015

2014

2013

2012

$11.64

$11.73

$11.14

$11.82

$11.13

Investment Operations .418

.430

Net Realized and Unrealized Gain (Loss) on Investments

Net Investment Income

.450

.441

.437

.206

(.063)

.590

(.680)

.690

Total from Investment Operations

.624

.367

1.040

(.239)

1.127

(.450)

(.441)

(.437)

Distributions Dividends from Net Investment Income

(.418)

(.430)

Distributions from Realized Capital Gains

(.016)

(.027)

Total Distributions

(.434)

(.457)

— (.450)

— (.441)

— (.437)

Net Asset Value, End of Period

$11.83

$11.64

$11.73

$11.14

$11.82

Total Return1

5.39%

3.19%

9.52%

-2.07%

10.27%

Ratios/Supplemental Data Net Assets, End of Period (Millions)

$1,007

$928

$958

$988

$1,130

Ratio of Total Expenses to Average Net Assets

0.19%

0.20%

0.20%

0.20%

0.20%

Ratio of Net Investment Income to Average Net Assets

3.52%

3.69%

3.95%

3.84%

3.78%

13%

18%

21%

35%

15%

Portfolio Turnover Rate

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 For a Share Outstanding Throughout Each Period Net Asset Value, Beginning of Period

Year Ended October 31, 2016

2015

2014

2013

2012

$11.64

$11.73

$11.14

$11.82

$11.13

Investment Operations Net Investment Income

.430

.439

Net Realized and Unrealized Gain (Loss) on Investments

.459

.450

.446

.206

(.063)

.590

(.680)

.690

Total from Investment Operations

.636

.376

1.049

(.230)

1.136

(.459)

(.450)

(.446)

Distributions Dividends from Net Investment Income

(.430)

(.439)

Distributions from Realized Capital Gains

(.016)

(.027)

Total Distributions

(.446)

(.466)

— (.459)

— (.450)

— (.446)

Net Asset Value, End of Period

$11.83

$11.64

$11.73

$11.14

$11.82

Total Return1

5.50%

3.27%

9.60%

-1.99%

10.36%

Net Assets, End of Period (Millions)

$9,238

$8,088

$7,480

$6,827

$7,039

Ratio of Total Expenses to Average Net Assets

0.09%

0.12%

0.12%

0.12%

0.12%

Ratio of Net Investment Income to Average Net Assets

3.62%

3.77%

4.03%

3.92%

3.86%

13%

18%

21%

35%

15%

Ratios/Supplemental Data

Portfolio Turnover Rate

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. 265

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 acquired over 60 days to maturity 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. Other temporary cash investments are valued at amortized cost, which approximates market 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 year ended October 31, 2016, 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 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 October 31, 2016, or at any time during the period then ended. 266

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 October 31, 2016, the fund had contributed to Vanguard capital in the amount of $791,000, representing 0.01% of the fund’s net assets and 0.32% 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 October 31, 2016, based on the inputs used to value them: Level 1 ($000)

Level 2 ($000)

Level 3 ($000)

Tax-Exempt Municipal Bonds

—

10,115,298

—

Temporary Cash Investments

112,209

—

—

279

—

—

(11)

—

—

112,477

10,115,298

—

Investments

Futures Contracts—Assets1 Futures Contracts—Liabilities1 Total 1 Represents variation margin on the last day of the reporting period.

D. At October 31, 2016, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were: ($000)

Futures Contracts

Expiration

Number of Long (Short) Contracts

Aggregate Settlement Value Long (Short)

Unrealized Appreciation (Depreciation)

10-Year U.S. Treasury Note

December 2016

390

50,554

63

5-Year U.S. Treasury Note

December 2016

397

47,957

11 (425)

Ultra Long U.S. Treasury Bond

December 2016

124

21,816

30-Year U.S. Treasury Bond

December 2016

134

21,804

21 (330)

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes. 267

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 used a tax accounting practice to treat a portion of the price of capital shares redeemed during the year as distributions from realized capital gains. Accordingly, the fund has reclassified $3,831,000 from accumulated net realized gains to paid-in capital. For tax purposes, at October 31, 2016, the fund had short-term and long-term capital gains of $7,971,000 and $24,236,000, respectively, available for distribution. Short-term gain distributions are treated as ordinary income dividends for tax purposes. At October 31, 2016, the cost of investment securities for tax purposes was $9,552,653,000. Net unrealized appreciation of investment securities for tax purposes was $674,854,000, consisting of unrealized gains of $692,077,000 on securities that had risen in value since their purchase and $17,223,000 in unrealized losses on securities that had fallen in value since their purchase. F. During the year ended October 31, 2016, the fund purchased $2,444,842,000 of investment securities and sold $1,263,536,000 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 year ended October 31, 2016, such purchases and sales were $373,045,000 and $323,290,000 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: Year Ended October 31, 2016

2015

Amount ($000)

Shares (000)

Amount ($000)

Shares (000)

309,232

25,947

193,377

16,549

29,134

2,445

29,539

2,530

(274,007)

(22,961)

(245,393)

(21,045)

64,359

5,431

(22,477)

(1,966)

1,878,669

157,575

1,465,794

125,693

212,274

17,810

199,970

17,129

Redeemed

(1,061,989)

(89,087)

(1,001,201)

(85,910)

Net Increase (Decrease)—Admiral Shares

1,028,954

86,298

664,563

56,912

Investor Shares Issued Issued in Lieu of Cash Distributions Redeemed Net Increase (Decrease)—Investor Shares Admiral Shares Issued Issued in Lieu of Cash Distributions

H. Management has determined that no material events or transactions occurred subsequent to October 31, 2016, that would require recognition or disclosure in these financial statements.

268

High-Yield Tax-Exempt Fund Fund Profile As of October 31, 2016

Share-Class Characteristics

Ticker Symbol

Largest Area Concentrations2

Distribution by Stated Maturity (% of portfolio)

Investor Shares

Admiral Shares

California

13.2.%

Under 1 Year

5.3%

VWAHX

VWALX

New York

11.2

1–3 Years

5.8 3.7

Expense Ratio1

0.20%

0.12%

Illinois

9.5

3–5 Years

30-Day SEC Yield

2.49%

2.61%

Texas

8.7

5–10 Years

New Jersey

7.9

10–20 Years

33.0 34.9

Pennsylvania

6.1

20–30 Years

Bloomberg Barclays Municipal Bond Fund Index

Florida

6.0

Over 30 Years

Michigan

3.8

Wisconsin

2.5

Indiana

2.2

1,672

Top Ten

71.1%

Financial Attributes

Number of Bonds

49,796

Yield to Maturity (before expenses)

3.1%

2.0%

Average Coupon

4.8%

4.8%

Average Duration Average Stated Maturity Short-Term Reserves

7.6

Distribution by Credit Quality (% of portfolio) AAA

2.5%

AA

Volatility Measures Bloomberg Barclays Municipal Bond Index

6.7 years 5.9 years 17.2 years 12.9 years 5.2%

9.7

—

26.7

A

37.4

BBB

19.0

BB

3.8

B or Lower

3.8 6.8

R-Squared

0.96

Not Rated

Beta

1.18

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.

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

Investment Focus Short Med.

Average Maturity Credit Quality

Long

High Medium Low

1 The expense ratios shown are from the prospectus dated February 26, 2016, and represent estimated costs for the current fiscal year. For the fiscal year ended October 31, 2016, the expense ratios were 0.19% for Investor Shares and 0.09% for Admiral Shares. 2 Percentage of net assets, excluding any futures contracts. 269

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.

Cumulative Performance: October 31, 2006–October 31, 2016 Initial Investment of $10,000 $19,000 16,059

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

Average Annual Total Returns Periods Ended October 31, 2016

6,000

One Year

Five Years

Ten Years

Final Value of a $10,000 Investment

High-Yield Tax-Exempt Fund Investor Shares

6.15%

5.65%

4.85%

$16,059

Bloomberg Barclays Municipal Bond Index

4.06

4.34

4.57

15,637

General & Insured Municipal Debt Funds Average1

4.34

4.55

3.92

14,696

One Year

Five Years

Ten Years

Final Value of a $50,000 Investment

High-Yield Tax-Exempt Fund Admiral Shares

6.26%

5.74%

4.93%

$80,936

Bloomberg Barclays Municipal Bond Index

4.06

4.34

4.57

1 Derived from data provided by Lipper, a Thomson Reuters Company. See Financial Highlights for dividend and capital gains information. 270

78,184

High-Yield Tax-Exempt Fund

Fiscal-Year Total Returns (%): October 31, 2006–October 31, 2016

Investor Shares Income Returns

Fiscal Year

Capital Returns

Total Returns

-2.66%

Bloomberg Barclays Municipal Bond Index Total Returns

2007

4.60%

2008

4.32

-12.52

-8.20

1.94%

-3.30

2.91%

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

Average Annual Total Returns: Periods Ended September 30, 2016 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

7.92%

5.83%

4.36%

0.68%

5.04%

Admiral Shares

11/12/2001

8.03

5.92

4.45

0.68

5.13

271

High-Yield Tax-Exempt Fund

Financial Statements Statement of Net Assets As of October 31, 2016

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).

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

6.000% 0.000% 0.000% 0.000%

10/1/40 3/1/37 3/1/40 3/1/45

3,000 2,500 3,000 4,000

3,504 2,809 3,212 4,266

5.750% 5.000% 0.000% 6.000% 7.000% 6.500% 1.650% 5.000% 5.000% 5.375%

6/1/45 10/1/30 10/1/38 (4) 10/1/42 10/1/51 10/1/53 3/20/17 10/1/36 10/1/43 12/1/35

2,500 6,785 7,500 3,000 34,230 24,250 6,300 2,820 5,080 4,000

2,770 7,730 6,245 3,566 42,927 29,672 6,319 3,098 5,542 4,585

Tax-Exempt Municipal Bonds (99.4%) Alabama (1.1%) Alabama Port Authority Docks Facilities Revenue 1 Birmingham AL GO 2 Birmingham AL GO 2 Birmingham AL GO Birmingham AL Special Care Facilities Financing Authority Revenue (Methodist Home for the Aging) Houston County AL Health Care Authority Revenue Jefferson County AL Sewer Revenue Jefferson County AL Sewer Revenue Jefferson County AL Sewer Revenue Jefferson County AL Sewer Revenue Mobile AL Industrial Development Board Pollution Control Revenue (Alabama Power Co.) PUT Montgomery AL Higher Education Building Authority Revenue (Faulkner University) Montgomery AL Higher Education Building Authority Revenue (Faulkner University) Selma AL Industrial Development Board Revenue (International Paper Co. Project)

126,245 Alaska (0.2%) Alaska Industrial Development & Export Authority Revenue (Providence Health & Services) Anchorage AK Electric Utility Revenue Anchorage AK Electric Utility Revenue Northern Alaska Tobacco Securitization Corp. Revenue

5.500% 5.000% 5.000% 4.625%

10/1/41 12/1/35 12/1/36 6/1/23

6,105 5,000 5,000 2,530

6,950 5,818 5,803 2,570 21,141

American Samoa (0.0%) American Samoa Economic Development Authority Revenue

6.625%

Arizona (0.9%) Arizona Health Facilities Authority Health Care Facilities Revenue (Beatitudes Campus Project) Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) Arizona State University Revenue (McAllister Academic Village LLC) Arizona State University Revenue (McAllister Academic Village LLC) Maricopa County AZ Pollution Control Corp. Revenue (Southern California Edison Co.) Phoenix AZ Civic Improvement Corp. Excise Tax Revenue Phoenix AZ Civic Improvement Corp. Excise Tax Revenue Phoenix AZ Civic Improvement Corp. Water System Revenue Phoenix AZ Civic Improvement Corp. Water System Revenue Pima County AZ Industrial Development Authority Revenue (Tucson Electric Power Co. Project) Salt Verde AZ Financial Corp. Gas Revenue Salt Verde AZ Financial Corp. Gas Revenue University Medical Center Corp. Arizona Hospital Revenue

5.200% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.250% 5.250% 6.500%

9/1/35

10/1/37 2/1/30 2/1/33 2/1/34 7/1/27 7/1/37 6/1/35 7/1/28 7/1/29 7/1/33 7/1/34 9/1/29 12/1/26 12/1/27 7/1/19 (Prere.)

5,000

5,018

7,000 3,250 1,700 8,250 1,830 2,310 12,500 2,250 6,670 5,925 5,520 3,000 8,545 17,105 2,500

7,002 3,598 1,883 9,054 2,266 2,727 13,879 2,747 8,057 6,998 6,498 3,253 10,516 21,203 2,855 102,536

Arkansas (0.2%) Arkansas Development Finance Authority (Washington Regional Medical Center) Arkansas Development Finance Authority (Washington Regional Medical Center) Arkansas Development Finance Authority (Washington Regional Medical Center) Arkansas Development Finance Authority (Washington Regional Medical Center) Arkansas Development Finance Authority (Washington Regional Medical Center)

Hospital Revenue 5.000%

2/1/24

1,600

1,918

5.000%

2/1/27

2,970

3,536

5.000%

2/1/28

3,845

4,548

5.000%

2/1/30

5,045

5,882

5.000%

2/1/33

1,425

1,637

Hospital Revenue Hospital Revenue Hospital Revenue Hospital Revenue

272

High-Yield Tax-Exempt Fund

Arkansas Development Finance Authority Hospital Revenue (Washington Regional Medical Center)

Coupon

Maturity Date

Face Amount ($000)

5.000%

2/1/33

1,645

Market Value• ($000) 1,890 19,411

California (13.2%) Alameda CA Corridor Transportation Authority Revenue Alameda CA Corridor Transportation Authority Revenue Alameda CA Corridor Transportation Authority Revenue Alameda CA Corridor Transportation Authority Revenue Alameda CA Corridor Transportation Authority Revenue Alameda CA Corridor Transportation Authority Revenue Alameda CA Corridor Transportation Authority Revenue Alameda CA Corridor Transportation Authority Revenue Alameda CA Corridor Transportation Authority Revenue Alameda CA Corridor Transportation Authority Revenue 3 Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT 3 Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT California Department of Water Resources Water System Revenue (Central Valley Project) California Department of Water Resources Water System Revenue (Central Valley Project) California Department of Water Resources Water System Revenue (Central Valley Project) California Educational Facilities Authority Revenue (Stanford University) California GO California GO California GO California GO 4 California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California GO California Health Facilities Financing Authority Revenue (Adventist Health System/West) California Health Facilities Financing Authority Revenue (Adventist Health System/West) California Health Facilities Financing Authority Revenue (Adventist Health System/West) California Health Facilities Financing Authority Revenue (Adventist Health System/West) California Health Facilities Financing Authority Revenue (Catholic Healthcare West) California Health Facilities Financing Authority Revenue (Children’s Hospital of Los Angeles) 4 California Health Facilities Financing Authority Revenue (El Camino Hospital) California Health Facilities Financing Authority Revenue (Lucile Salter Packard Children’s Hospital at Stanford) California Health Facilities Financing Authority Revenue (St. Joseph Health System) California Health Facilities Financing Authority Revenue (Sutter Health) California Health Facilities Financing Authority Revenue (Sutter Health) California Infrastructure & Economic Development Bank Revenue (Independent System Operator Corp. Project) California Infrastructure & Economic Development Bank Revenue (Pacific Gas & Electric Co.) VRDO California Municipal Finance Authority Revenue (Azusa Pacific University) California Municipal Finance Authority Revenue (University of La Verne) California Pollution Control Financing Authority Solid Waste Disposal Revenue (Republic Services Inc. Project) PUT California Pollution Control Financing Authority Solid Waste Disposal Revenue (Republic Services Inc. Project) PUT California Public Works Board Lease Revenue (Department of Corrections) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Judicial Council Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) California Public Works Board Lease Revenue (Various Capital Projects) 5 California State University Systemwide Revenue California State University Systemwide Revenue California State University Systemwide Revenue

273

5.400% 0.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 1.230% 1.530% 5.000% 5.000% 5.000% 5.250% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 4.000% 6.000% 5.125% 6.500% 5.000% 5.000% 5.250% 5.500% 6.000% 5.000% 5.000% 4.000% 5.750% 4.000% 4.000% 4.000% 6.000% 5.000% 5.000%

10/1/17 10/1/30 10/1/34 10/1/35 10/1/35 10/1/35 10/1/36 10/1/36 10/1/37 10/1/37 4/1/20 5/1/23 6/1/18 6/1/18 12/1/28 4/1/40 11/1/21 9/1/24 9/1/28 9/1/29 8/1/30 10/1/30 9/1/31 3/1/33 4/1/33 4/1/33 9/1/36 2/1/38 3/1/38 11/1/39 11/1/39 2/1/43 11/1/43 9/1/45 9/1/19 3/1/28 3/1/33 3/1/39 7/1/39 11/15/29 2/1/41

5.000% 5.750% 4.000% 6.000% 5.000% 0.500% 5.000% 6.250% 0.750% 5.250% 4.500% 5.000% 5.000% 5.000% 4.000% 5.000% 5.250% 4.000% 4.000%

(Prere.) (2)

5,250 1,000 3,750 3,750 3,200 3,850 2,000 2,210 1,500 6,000 5,000 10,000 5,175 5 195 5,940 13,845 6,500 8,230 4,565 14,500 12,600 10,000 3,000 15,000 34,000 3,250 6,375 5,000 10,000 5,000 2,750 12,500 3,000 4,500 5,000 10,000 10,000 7,500 5,650 10,000

5,474 588 4,393 4,093 3,739 4,568 2,330 2,614 1,629 6,978 4,981 9,993 5,515 5 208 8,338 14,427 7,780 9,656 5,347 17,758 15,334 11,125 3,482 15,819 38,401 3,829 7,400 5,264 11,239 5,707 3,180 14,671 3,243 5,100 5,515 10,644 10,371 8,383 6,338 11,557

8/15/55 7/1/39 8/15/40 8/15/42

3,000 7,000 10,000 12,000

3,464 7,782 10,545 14,001

2/1/34

13,770

15,931

2,070 2,000 3,585

2,070 2,278 4,137

20,000

20,000

12,155 10,000 3,600 7,380 10,000 15,305 9,035 9,275 5,560 2,750

12,652 11,136 4,198 8,628 11,895 16,844 10,499 10,265 6,089 2,985

(4) (4) (4) (4)

(Prere.) (Prere.)

(Prere.)

11/1/16 LOC 4/1/35 6/1/40 2/1/17 12/1/17 9/1/35 12/1/28 3/1/34 12/1/21 (Prere.) 4/1/31 11/1/37 5/1/19 (Prere.) 11/1/38 11/1/45

High-Yield Tax-Exempt Fund

5

3,6

California State University Systemwide Revenue California Statewide Communities Development Authority Revenue (899 Charleston Project) California Statewide Communities Development Authority Revenue (899 Charleston Project) California Statewide Communities Development Authority Revenue (Adventist Health System/West) California Statewide Communities Development Authority Revenue (Adventist Health System/West) California Statewide Communities Development Authority Revenue (John Muir Health) California Statewide Communities Development Authority Revenue (John Muir Health) California Statewide Communities Development Authority Revenue (Kaiser Permanente) California Statewide Communities Development Authority Revenue (Loma Linda University Medical Center) California Statewide Communities Development Authority Revenue (Loma Linda University Medical Center) California Statewide Communities Development Authority Revenue (Loma Linda University Medical Center) California Statewide Communities Development Authority Revenue (Loma Linda University Medical Center) California Statewide Communities Development Authority Student Housing Revenue (CHF-Irvine LLC - UCI East Campus Apartments Phase II) Corona-Norco CA School District Public Financing Authority Special Tax Revenue Corona-Norco CA School District Public Financing Authority Special Tax Revenue Eaton Vance California Municipal Income Trust Elk Grove CA Finance Authority Special Tax Revenue Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue Golden State Tobacco Securitization Corp. California Revenue Golden State Tobacco Securitization Corp. California Revenue Golden State Tobacco Securitization Corp. California Revenue Golden State Tobacco Securitization Corp. California Revenue Golden State Tobacco Securitization Corp. California Revenue Golden State Tobacco Securitization Corp. California Revenue Golden State Tobacco Securitization Corp. California Revenue Grossmont CA Healthcare District GO Grossmont CA Healthcare District GO Imperial CA Irrigation District Electric Revenue Kern County CA GO Lee Lake CA Public Financing Authority Revenue Lee Lake CA Public Financing Authority Revenue Lee Lake CA Public Financing Authority Revenue Lee Lake CA Public Financing Authority Revenue Long Beach CA Harbor Revenue Long Beach CA Harbor Revenue Los Angeles CA Department of Airports International Airport Revenue Los Angeles CA Department of Airports International Airport Revenue Los Angeles CA Department of Airports International Airport Revenue Los Angeles CA Department of Airports International Airport Revenue Los Angeles CA Department of Airports International Airport Revenue Los Angeles CA Department of Airports International Airport Revenue Los Angeles CA Department of Water & Power Revenue Los Angeles CA Regional Airports Improvement Corp. Lease Revenue (LAXFuel Corp.) Los Angeles CA Unified School District GO Los Angeles CA Unified School District GO Los Angeles CA Wastewater System Revenue Los Angeles CA Wastewater System Revenue Los Angeles County CA Public Works Financing Authority Lease Revenue Los Angeles County CA Public Works Financing Authority Lease Revenue Los Angeles County CA Public Works Financing Authority Lease Revenue Los Angeles County CA Public Works Financing Authority Lease Revenue Marin CA Healthcare District GO Modesto CA Irrigation District COP Northstar Community Services District California Community Facilities District No. 1 Special Tax Revenue Oakland CA Unified School District GO Oakland CA Unified School District GO Oakland CA Unified School District GO Oakland CA Unified School District GO Oakland CA Unified School District GO Oakland CA Unified School District GO

274

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.250% 5.375%

11/1/45 11/1/44 11/1/49

6,400 2,000 4,700

7,638 2,209 5,200

5.000%

3/1/30

6,380

7,748

5.000% 4.000% 4.000% 5.000%

3/1/35 8/15/46 8/15/51 4/1/42

4,500 3,200 4,000 18,930

5,349 3,321 4,133 21,529

5.000%

12/1/36

9,000

10,083

5.000%

12/1/41

10,000

11,126

5.500%

12/1/54

12,000

13,377

5.250%

12/1/56

40,750

45,461

5.750% 5.000% 5.000% 2.130% 5.000% 0.000% 6.500% 5.750% 4.500% 5.000% 5.000% 5.300% 5.000% 5.000% 5.750% 5.000% 6.125% 5.000% 5.750% 5.000% 5.000% 5.000% 5.125% 5.000% 5.000% 5.375% 5.000% 4.000% 5.000% 4.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.750% 5.750% 5.000% 4.000% 4.000% 4.000% 4.000% 5.500%

5/15/18 9/1/32 9/1/35 9/1/19 9/1/38 1/15/42 1/15/43 1/15/46 6/1/27 6/1/32 6/1/35 6/1/37 6/1/40 6/1/45 6/1/47 7/15/17 7/15/21 11/1/37 8/1/35 9/1/28 9/1/29 9/1/32 9/1/35 5/15/28 5/15/30 5/15/30 5/15/32 5/15/34 5/15/35 5/15/36 5/15/41 7/1/41 1/1/32 7/1/34 7/1/35 6/1/19 6/1/27 8/1/33 12/1/34 12/1/36 12/1/40 8/1/40 7/1/18

(Prere.)

8,000 1,125 585 15,000 1,465 6,000 8,730 18,000 4,000 4,500 15,000 7,000 38,175 3,650 31,245 4,000 5,000 3,000 4,500 2,805 2,825 3,500 2,350 4,855 2,000 15,000 2,000 2,500 1,750 1,500 11,000 2,500 4,000 6,000 7,000 4,315 3,465 2,500 1,500 750 2,000 8,000 11,300

8,604 1,321 678 15,001 1,703 5,097 10,422 21,045 4,009 5,337 17,452 6,952 44,164 4,223 30,761 4,122 6,153 3,580 4,931 3,266 3,279 4,011 2,684 5,842 2,379 15,902 2,345 2,704 2,039 1,618 12,673 2,980 4,420 6,677 7,756 4,837 3,873 2,937 1,633 811 2,150 8,656 12,168

9/1/37 8/1/19 (Prere.) 8/1/30 8/1/32 8/1/32 8/1/38 8/1/40

10,000 4,000 1,250 1,000 3,000 4,000 4,000

10,057 4,562 1,509 1,194 3,595 4,963 4,685

5.000% 6.125% 5.000% 5.000% 5.500% 6.625% 5.000%

(Prere.)

(15)

(Prere.) (Prere.) (12)

(Prere.)

High-Yield Tax-Exempt Fund

6

6

6

6

6

Palomar Pomerado Health California GO Palomar Pomerado Health California GO Palomar Pomerado Health California GO Palomar Pomerado Health California Revenue Palomar Pomerado Health California Revenue Palomar Pomerado Health California Revenue Palomar Pomerado Health California Revenue Peralta CA Community College District Revenue Peralta CA Community College District Revenue Port of Oakland CA Revenue Port of Oakland CA Revenue Port of Oakland CA Revenue Port of Oakland CA Revenue Port of Oakland CA Revenue Poway CA Unified School District GO Poway CA Unified School District Public Financing Authority Special Tax Revenue Poway CA Unified School District Public Financing Authority Special Tax Revenue Poway CA Unified School District Public Financing Authority Special Tax Revenue Poway CA Unified School District Public Financing Authority Special Tax Revenue Rancho Cucamonga CA Redevelopment Agency Successor Agency Tax Allocation Revenue (Rancho Redevelopment Project) Rancho Cucamonga CA Redevelopment Agency Successor Agency Tax Allocation Revenue (Rancho Redevelopment Project) Rancho Cucamonga CA Redevelopment Agency Successor Agency Tax Allocation Revenue (Rancho Redevelopment Project) Rancho Mirage CA Joint Powers Financing Authority Revenue (Eisenhower Medical Center) Rancho Santiago CA Community College District GO Rancho Santiago CA Community College District GO Riverside CA Community College District GO Riverside County CA Transportation Commission Toll Revenue Roseville CA Financing Authority Electric System Revenue Roseville CA Natural Gas Financing Authority Gas Revenue Sacramento County CA Airport Revenue San Bernardino CA City Unified School District GO San Bernardino CA City Unified School District GO San Bernardino County CA Medical Center COP San Bernardino County CA Medical Center COP San Diego CA Community College District GO San Diego CA Unified School District GO San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County International Airport Revenue San Francisco CA City & County Redevelopment Agency Community Facilities District No. 7 Special Tax Revenue (Hunters Point Shipyard Improvements) San Francisco CA City & County Redevelopment Agency Community Facilities District No. 7 Special Tax Revenue (Hunters Point Shipyard Improvements) San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue (Mission Bay North) San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue (Mission Bay South) San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue (Mission Bays Redevelopment Project) San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue (Mission Bays Redevelopment Project) San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue (Mission Bays Redevelopment Project) San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue (Mission Bays Redevelopment Project) San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue (Mission Bays Redevelopment Project) San Francisco Office of Community Investment & Infrastructure Special Tax Revenue (Mission Bay)

275

Face Amount ($000)

Market Value• ($000)

(15) (15) (15) (15)

4,000 8,805 10,740 3,500 4,605 3,335 2,485 7,000 5,000 10,000 10,000 2,250 2,000 2,000 2,500 1,330 3,740 2,490 2,990

4,389 4,812 12,703 4,052 5,297 3,818 2,836 7,563 5,376 11,739 11,682 2,542 2,259 2,249 828 1,610 4,434 2,931 3,479

4.000%

9/1/31 (14)

2,000

2,209

4.000%

9/1/32 (14)

3,205

3,510

2,140 1,000 12,000 6,000 5,000 7,000 11,000 425 9,500 1,310 1,500 12,180 25,220 5,500 15,000 20,565 26,405 5,000 2,095 10,000 2,500 2,130 5,000 15,875 15,000

2,319 1,023 15,484 7,763 6,221 2,317 12,258 474 10,252 1,569 1,772 14,194 32,763 6,141 9,838 22,053 28,316 5,696 2,373 11,556 2,846 2,388 5,689 18,228 17,131

Coupon

Maturity Date

4.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.125% 5.125% 0.000% 5.000% 5.000% 5.000% 5.000%

8/1/31 8/1/33 8/1/38 11/1/28 11/1/29 11/1/30 11/1/31 8/1/39 8/1/39 5/1/28 5/1/29 5/1/29 5/1/30 5/1/31 8/1/46 9/1/28 9/1/31 9/1/32 9/1/34

(12) (12)

4.000% 5.000% 5.125% 5.125% 5.000% 0.000% 5.000% 5.000% 6.000% 5.000% 5.000% 7.000% 6.875% 5.250% 0.000% 5.750% 5.750% 5.000% 5.000% 5.250% 5.000% 6.000% 5.000% 5.000% 5.000%

9/1/34 7/1/27 9/1/28 9/1/29 8/1/28 6/1/42 2/1/37 2/15/21 7/1/41 8/1/26 8/1/28 8/1/20 8/1/24 8/1/19 7/1/30 5/1/19 5/1/20 5/1/30 5/1/31 5/1/33 5/1/39 5/1/39 5/1/40 5/1/41 5/1/46

(14)

5.000%

8/1/39

2,240

2,492

5.000%

8/1/44

2,500

2,772

6.625%

8/1/19 (Prere.)

2,000

2,304

7.000%

2/1/21 (Prere.)

1,500

1,867

3.000%

8/1/21

6,000

6,159

0.000%

8/1/23

2,000

1,455

0.000%

8/1/26

3,000

1,842

0.000%

8/1/31

6,000

2,787

0.000%

8/1/43

9,000

2,138

5.000%

8/1/25

1,600

1,838

(4) (4)

(4) (4) (ETM) (Prere.)

High-Yield Tax-Exempt Fund

San Francisco Office of Community Investment & Infrastructure Special Tax Revenue (Mission Bay) San Francisco Office of Community Investment & Infrastructure Special Tax Revenue (Mission Bay) San Francisco Office of Community Investment & Infrastructure Special Tax Revenue (Mission Bay) San Francisco Office of Community Investment & Infrastructure Special Tax Revenue (Mission Bay) San Joaquin Hills CA Transportation Corridor Agency Toll Road Revenue San Joaquin Hills CA Transportation Corridor Agency Toll Road Revenue San Jose CA Redevelopment Agency Tax Allocation Revenue San Jose CA Redevelopment Agency Tax Allocation Revenue San Jose CA Redevelopment Agency Tax Allocation Revenue San Mateo CA Community Facilities District No. 2008-1 Special Tax Revenue (Bay Meadows) Simi Valley CA School Financing Authority Revenue Southern California Public Power Authority Revenue (Natural Gas Project) Stockton CA Public Financing Authority Revenue Stockton CA Public Financing Authority Revenue Stockton CA Public Financing Authority Revenue Stockton CA Public Financing Authority Water Revenue (Delta Water Supply Project) Sweetwater CA Unified School District GO Sweetwater CA Unified School District GO Turlock CA Irrigation District Revenue Ukiah CA Unified School District GO University of California Regents Medical Center Pooled Revenue University of California Revenue Victor Valley CA Community College District GO Walnut CA Energy Center Authority Revenue West Contra Costa CA Unified School District GO Whittier CA Health Facilities Revenue (Presbyterian Intercommunity Hospital Obligated Group)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

8/1/26

1,250

1,428

5.000%

8/1/28

1,510

1,704

5.000%

8/1/30

1,000

1,119

5.000% 0.000% 0.000% 4.440% 4.540% 5.000% 5.000% 5.000% 5.250% 4.000% 4.000% 4.000% 6.250% 5.000% 4.000% 5.000% 0.000% 4.000% 5.000% 6.000% 5.000% 6.000% 5.000%

8/1/33 1/15/24 1/15/25 8/1/17 8/1/18 8/1/19 9/1/42 8/1/27 11/1/20 9/2/27 9/2/29 9/2/31 10/1/40 8/1/26 8/1/42 1/1/20 8/1/31 5/15/44 5/15/46 8/1/19 1/1/35 8/1/27 6/1/44

1,335 2,000 15,900 2,420 780 1,700 2,000 10,000 1,700 1,170 1,355 1,000 6,200 6,465 2,000 6,385 9,245 12,500 3,000 8,000 10,000 3,000 18,865

1,478 1,629 12,383 2,428 783 1,751 2,171 10,503 1,937 1,342 1,517 1,102 7,705 7,981 2,149 7,168 5,391 13,487 3,568 9,087 11,026 4,150 21,366

(14) (14) (14) (14) (2) (4) (15) (15) (15) (15) (Prere.) (10)

(Prere.)

1,476,338 Colorado (1.6%) Colorado Educational & Cultural Facilities Authority Revenue (Regis University) Colorado Educational & Cultural Facilities Authority Revenue (Regis University) Colorado Educational & Cultural Facilities Authority Revenue (Regis University) Colorado Educational & Cultural Facilities Authority Revenue (Regis University) Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) Colorado Health Facilities Authority Revenue (Christian Living Communities) Colorado Health Facilities Authority Revenue (Christian Living Communities) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) Colorado Health Facilities Authority Revenue (Sunny Vista Living Center) Colorado Health Facilities Authority Revenue (Sunny Vista Living Center) Denver CO City & County Airport Revenue Denver CO City & County Airport Revenue Denver CO City & County Dedicated Tax Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue E-470 Public Highway Authority Colorado Revenue Plaza CO Metropolitan District No. 1 Tax Allocation Revenue Plaza CO Metropolitan District No. 1 Tax Allocation Revenue Plaza CO Metropolitan District No. 1 Tax Allocation Revenue Plaza CO Metropolitan District No. 1 Tax Allocation Revenue Plaza CO Metropolitan District No. 1 Tax Allocation Revenue Regional Transportation District of Colorado Sales Tax Revenue (Denver Transit Partners Eagle P3 Project) Regional Transportation District of Colorado Sales Tax Revenue (Denver Transit Partners Eagle P3 Project) Solaris CO Metropolitan District GO Solaris CO Metropolitan District GO Solaris CO Metropolitan District GO Southglenn CO Metropolitan District Revenue Southglenn CO Metropolitan District Revenue Southglenn CO Metropolitan District Revenue University of Colorado Hospital Authority Revenue University of Colorado Hospital Authority Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.125% 6.250% 5.250% 5.250% 4.000% 0.000% 0.000% 0.000% 0.000% 0.000% 5.000% 5.000% 5.000% 5.000% 5.000%

10/1/26 10/1/27 10/1/28 10/1/30 7/1/31 1/1/31 1/1/37 12/1/33 12/1/35 12/1/45 12/1/50 11/15/36 11/15/43 8/1/46 9/1/18 9/1/24 9/1/25 9/1/29 9/1/30 12/1/17 12/1/18 12/1/20 12/1/21 12/1/22

2,390 2,515 2,300 1,615 4,580 1,400 1,800 3,250 7,250 1,000 2,000 7,500 8,000 4,850 5,000 29,225 14,900 21,600 10,025 1,000 1,375 1,000 1,000 500

2,820 2,948 2,683 1,865 5,148 1,566 1,980 3,563 8,119 1,089 2,180 8,413 9,005 5,160 4,850 23,926 11,812 14,457 6,430 1,027 1,440 1,084 1,094 551

6.000%

1/15/34

6,000

6,830

6.000% 3.750% 5.000% 5.000% 3.000% 3.500% 5.000% 5.000% 5.000%

1/15/41 12/1/26 12/1/36 12/1/46 12/1/21 12/1/26 12/1/30 11/15/36 11/15/42

14,765 650 850 1,880 1,960 6,000 1,535 8,000 12,500

16,779 644 885 1,941 1,931 5,813 1,627 9,202 14,287

(14) (14) (14) (14) (14)

183,149

276

High-Yield Tax-Exempt Fund

Connecticut (0.2%) Connecticut Health & Educational Facilities Authority Revenue (Church Home of Hartford Inc.) Connecticut Health & Educational Facilities Authority Revenue (Church Home of Hartford Inc.) Connecticut Health & Educational Facilities Authority Revenue (Hartford Healthcare) Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) Connecticut Health & Educational Facilities Authority Revenue (Stamford Hospital) Connecticut Health & Educational Facilities Authority Revenue (Stamford Hospital) South Central CT Regional Water Authority Water System Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

2.875% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000%

9/1/20 9/1/53 7/1/32 7/1/34 7/1/35 7/1/36 7/1/37 7/1/46 8/1/27

700 2,600 3,250 2,345 1,650 1,500 6,500 3,000 1,000

699 2,794 3,582 2,734 1,918 1,739 7,158 3,100 1,248 24,972

Delaware (0.0%) Delaware Economic Development Authority Revenue (Delaware State University Project) District of Columbia (0.6%) District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) District of Columbia Revenue (Methodist Home of the District of Columbia) District of Columbia Revenue (Methodist Home of the District of Columbia) District of Columbia Student Dormitory Revenue (Provident Group - Howard Properties LLC) District of Columbia Student Dormitory Revenue (Provident Group - Howard Properties LLC) 5 District of Columbia Water & Sewer Authority Public Utility Revenue Metropolitan Washington DC/VA Airports Authority Airport System Revenue Metropolitan Washington DC/VA Airports Authority Airport System Revenue Metropolitan Washington DC/VA Airports Authority Airport System Revenue Metropolitan Washington DC/VA Airports Authority Dulles Toll Road Revenue (Dulles Metrorail & Capital Improvement Projects)

5.000%

10/1/36

5.000% 5.000% 5.000% 5.125% 5.250% 5.000% 5.000% 5.500% 5.250% 5.000% 5.000%

7/15/31 7/15/32 7/15/34 1/1/35 1/1/39 10/1/30 10/1/45 10/1/18 (Prere.) 10/1/25 10/1/30 10/1/44

5.000%

10/1/53

3,890

4,422

5,925 3,445 1,000 1,560 1,015 5,500 7,390 10,000 10,000 4,000 2,500

7,109 4,115 1,178 1,593 1,038 5,607 7,424 10,876 11,123 4,686 2,827

7,500

8,331 65,907

Florida (6.0%) Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) Broward County FL Airport System Revenue Broward County FL Airport System Revenue Broward County FL Airport System Revenue Cape Coral FL Health Facilities Authority Senior Housing Revenue (Gulf Care Inc. Project) Cape Coral FL Health Facilities Authority Senior Housing Revenue (Gulf Care Inc. Project) Capital Trust Agency Florida Revenue (Tallahassee Tapestry Senior Housing Project) Capital Trust Agency Florida Revenue (Tallahassee Tapestry Senior Housing Project) 4 Central Florida Expressway Authority Revenue 4 Central Florida Expressway Authority Revenue Citizens Property Insurance Corp. Florida Revenue (Coastal Account) Citizens Property Insurance Corp. Florida Revenue (Personal Lines Account/Commercial Lines Account) East Homestead Community Development District Florida Special Assessment Revenue Florida Board of Education Lottery Revenue Florida Higher Educational Facilities Financing Authority Revenue (Nova Southeastern University) Florida Higher Educational Facilities Financing Authority Revenue (Nova Southeastern University) Florida Higher Educational Facilities Financing Authority Revenue (Nova Southeastern University) Florida Housing Finance Corp. Homeowner Mortgage Revenue Florida Housing Finance Corp. Homeowner Mortgage Revenue Florida Mid-Bay Bridge Authority Revenue Florida Mid-Bay Bridge Authority Revenue Florida Municipal Power Agency Revenue Halifax Hospital Medical Center Florida Hospital Revenue Halifax Hospital Medical Center Florida Hospital Revenue Hernando County FL School District COP Hernando County FL School District COP Hernando County FL School District COP Hernando County FL School District COP Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) Hillsborough County FL Aviation Authority Revenue (Tampa International Airport) Hillsborough County FL Industrial Development Authority Health Facilities Revenue (University Community Hospital) Jacksonville FL Transportation Revenue

277

5.000% 5.000% 5.000% 5.000% 5.000% 5.875% 6.000% 7.000% 7.125% 4.000% 4.000% 5.250%

12/1/44 4/1/39 10/1/37 10/1/40 10/1/45 7/1/40 7/1/50 12/1/45 12/1/50 7/1/33 7/1/35 6/1/17

25,000 20,000 7,755 2,000 12,455 4,000 6,250 3,000 2,000 9,500 5,000 5,000

28,201 22,627 8,585 2,276 14,120 4,376 6,799 3,099 2,068 10,267 5,364 5,131

5.000% 7.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 6.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

6/1/20 5/1/21 7/1/17 4/1/28 4/1/29 4/1/30 7/1/41 7/1/48 10/1/35 10/1/40 10/1/19 6/1/35 6/1/46 7/1/27 7/1/28 7/1/29 7/1/30

8,450 1,005 14,455 1,335 1,250 1,325 1,585 460 1,780 1,000 3,250 1,000 3,850 6,000 5,825 6,645 6,975

9,543 1,073 15,004 1,612 1,498 1,576 1,652 464 2,012 1,123 3,739 1,153 4,354 7,356 7,069 7,985 8,325

365

366

5,000 10,000

5,653 11,514

6,000 8,425

6,502 9,994

(Prere.)

(Prere.)

(4) (4) (4) (4)

5.250%

11/15/16 (Prere.)

6.000% 5.000%

11/15/37 10/1/44

5.625% 5.000%

8/15/18 (Prere.) 10/1/28

High-Yield Tax-Exempt Fund

6

4 4 4 4 4 4 4

Lakeland FL Educational Facilities Revenue (Florida Southern College Project) Lakeland FL Educational Facilities Revenue (Florida Southern College Project) Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) Lee County FL Solid Waste System Revenue Lee County FL Solid Waste System Revenue Lee County FL Solid Waste System Revenue Lee County FL Solid Waste System Revenue Lee County FL Solid Waste System Revenue Lee Memorial Health System Florida Hospital Revenue Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) Martin County FL Industrial Development Authority Revenue (Indiantown Cogeneration, LP Project) Martin County FL Industrial Development Authority Revenue (Indiantown Cogeneration, LP Project) Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) Miami Beach FL Parking Revenue Miami Beach FL Resort Tax Revenue TOB VRDO Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Aviation Revenue (Miami International Airport) Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) Miami-Dade County FL Public Facilities Revenue (Jackson Memorial Hospital) Miami-Dade County FL Seaport Revenue Miami-Dade County FL Seaport Revenue Miami-Dade County FL Seaport Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue Miami-Dade County FL Special Obligation Revenue North Brevard County FL Hospital District Revenue (Parrish Medical Center Project) North Brevard County FL Hospital District Revenue (Parrish Medical Center Project) Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) Orlando & Orange County FL Expressway Authority Revenue Orlando & Orange County FL Expressway Authority Revenue Orlando FL Utility Commission Water & Electric Revenue Osceola County FL Expressway System Revenue (Poinciana Parkway Project) Osceola County FL Expressway System Revenue (Poinciana Parkway Project) Osceola County FL Expressway System Revenue (Poinciana Parkway Project) Palm Beach County FL Health Facilities Authority Retirement Communities Revenue (ACTS Retirement - Life Communities Inc. Obligated Group) Palm Beach County FL Health Facilities Authority Revenue (Jupiter Medical Center Inc. Project) Palm Beach County FL Health Facilities Authority Revenue (Sinai Residences Boca Raton Project) Port St. Lucie FL Utility Revenue Port St. Lucie FL Utility Revenue Port St. Lucie FL Utility Revenue Port St. Lucie FL Utility Revenue Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) Sarasota County FL Public Hospital District Hospital Revenue (Sarasota Memorial Hospital Project) St. Petersburg FL Health Facilities Authority Revenue (All Children’s Hospital Inc. Obligated Group) Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) Tampa FL Health System Revenue (BayCare Health System)

278

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000%

9/1/37 9/1/42 11/15/40 11/15/45 10/1/22 10/1/23 10/1/24 10/1/25 10/1/26 4/1/35 11/15/28

750 1,500 6,250 8,980 2,000 2,815 3,175 2,545 1,465 13,350 8,360

834 1,665 7,004 10,010 2,334 3,326 3,781 3,047 1,759 13,557 9,249

3.950%

12/15/21

14,900

15,551

4.200% 5.000% 5.000% 0.680% 5.125% 5.125% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 6.125% 5.000% 5.000% 5.750% 6.000% 6.000% 6.250% 0.000% 5.000% 5.000% 5.000% 5.750% 5.750% 5.000% 5.000% 5.000% 6.750% 0.000% 0.000% 5.375%

12/15/25 11/15/29 9/1/45 11/7/16 4/1/18 10/1/24 10/1/25 10/1/26 10/1/27 10/1/28 10/1/29 10/1/31 10/1/33 10/1/38 10/1/41 10/1/41 8/1/42 6/1/40 6/1/48 6/1/39 10/1/24 10/1/25 10/1/38 10/1/31 10/1/31 10/1/32 10/1/35 10/1/18 10/1/38 10/1/42 7/1/21 7/1/35 10/1/17 10/1/39 10/1/42 10/1/47

9,000 2,175 5,000 4,620 6,875 11,700 5,000 5,000 7,215 6,150 17,000 4,705 29,000 5,000 15,750 4,000 3,500 5,805 5,975 5,250 1,590 1,680 5,000 5,000 4,170 2,460 6,500 2,845 1,155 7,500 20,000 10,000 380 6,000 7,540 2,000

9,390 2,467 5,725 4,620 7,282 12,311 5,805 5,775 8,290 7,030 19,331 5,424 33,125 5,681 18,375 4,471 4,008 6,137 6,281 5,806 1,976 2,086 6,170 2,919 4,814 2,821 7,385 3,109 1,240 8,047 22,764 11,546 399 4,546 5,698 2,208

5.500% 5.000% 7.500% 4.000% 4.000% 4.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 6.500% 5.000% 5.000% 5.000%

11/15/20 (Prere.) 11/1/43 6/1/49 9/1/32 9/1/33 9/1/34 9/1/36 1/1/25 1/1/26 1/1/27 1/1/28 1/1/29 1/1/30 1/1/32 7/1/34 11/15/19 (Prere.) 12/1/40 12/1/44 11/15/33

2,005 3,250 3,000 5,000 4,000 3,000 5,000 1,145 2,100 2,000 2,310 1,100 1,000 1,100 3,500 8,000 7,155 5,000 7,407

2,347 3,512 3,658 5,463 4,356 3,259 5,410 1,351 2,489 2,349 2,695 1,270 1,148 1,253 3,824 9,297 8,018 5,575 8,424

(14) (14) (14) (14) (14) (14)

(Prere.) (14)

(12)

(Prere.)

(4) (ETM)

High-Yield Tax-Exempt Fund

Tampa FL Health System Revenue (BayCare Health System) Tampa FL Revenue (University of Tampa Project) Tampa FL Revenue (University of Tampa Project) University of South Florida Financing Corp. COP University of South Florida Financing Corp. COP Volusia County FL Educational Facilities Authority Revenue (Embry-Riddle Aeronautical University Inc.)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000%

11/15/46 4/1/40 4/1/45 7/1/29 7/1/33

8,500 2,500 6,050 5,710 7,140

9,909 2,830 6,824 6,755 8,281

5.000%

10/15/45

2,655

2,988 672,944

Georgia (1.7%) Americus & Sumter County GA Hospital Authority Revenue (Magnolia Manor Obligated Group) Atlanta GA Water & Wastewater Revenue 5 Atlanta GA Water & Wastewater Revenue Burke County GA Development Authority Pollution Control Revenue (Oglethorpe Power Corp. Vogtle Project) Cedartown Polk County GA Hospital Authority Revenue (Polk Medical Center Project) Cedartown Polk County GA Hospital Authority Revenue (Polk Medical Center Project) 4 Clarke County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) Dalton GA Development Authority Revenue (Hamilton Health Care System) Dalton GA Development Authority Revenue (Hamilton Health Care System) Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) Georgia GO Georgia Municipal Electric Power Authority Revenue Glynn-Brunswick GA Memorial Hospital Authority Revenue (Southeast Georgia Health System Obligated Group) Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Main Street Natural Gas Inc. Georgia Gas Project Revenue Marietta GA Development Authority Revenue Marietta GA Development Authority Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project J) Private Colleges & University Authority of Georgia Revenue (Mercer University)

6.375% 6.250% 6.250%

5/15/43 11/1/19 (Prere.) 11/1/19 (Prere.)

5.500% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 6.600%

1/1/33 7/1/34 7/1/39 7/1/46 8/15/17 (14) 8/15/28 7/1/36 7/1/42 11/1/16 1/1/18 (14)

5.000% 5.000% 5.000% 5.250% 5.500% 5.500% 5.500% 5.500% 7.000% 7.000% 5.500% 5.500% 5.000% 5.500% 5.500% 5.000%

8/1/29 3/15/18 3/15/20 9/15/20 9/15/22 9/15/23 9/15/26 9/15/27 6/15/30 6/15/39 7/1/18 (Prere.) 1/1/26 1/1/28 7/1/60 7/1/60 10/1/45

5,615 15,000 2,500

6,377 17,306 2,884

5,000 5,770 5,000 7,910 730 6,685 4,050 8,800 8,055 1,085

5,230 6,669 5,690 9,039 755 7,610 4,497 9,683 8,055 1,120

5,775 5,385 1,270 5,240 2,330 2,380 5,630 530 4,000 7,500 5,180 1,820 12,000 5,000 5,000 20,000

6,869 5,632 1,387 5,836 2,722 2,845 6,928 660 4,179 7,811 5,577 1,951 14,864 5,874 5,966 22,199 186,215

Guam (0.1%) Guam Government Waterworks Authority Water & Waste Water System Revenue Guam International Airport Authority Revenue Guam International Airport Authority Revenue

5.000% 6.250% 6.375%

1/1/46 10/1/34 10/1/43

5,500 5,500 3,000

6,254 6,586 3,578 16,418

Hawaii (0.6%) Hawaii Airports System Revenue Hawaii Department of Budget & Finance Special Purpose Revenue (Chaminade University of Honolulu) Hawaii Department of Budget & Finance Special Purpose Revenue (Chaminade University of Honolulu) Hawaii Department of Transportation - Airports Division Lease Revenue COP Hawaii Department of Transportation - Airports Division Lease Revenue COP Hawaii Harbor System Revenue Hawaii Harbor System Revenue Hawaii Pacific Health Revenue Hawaii Pacific Health Revenue Honolulu HI City & County Wastewater System Revenue Honolulu HI City & County Wastewater System Revenue

5.000%

7/1/45

21,455

24,409

5.000%

1/1/35

1,230

1,278

5.000% 5.250% 5.250% 5.500% 5.625% 5.500% 5.750% 0.000% 0.000%

1/1/45 8/1/25 8/1/26 7/1/35 7/1/40 7/1/40 7/1/40 7/1/17 (14) 7/1/18 (14)

1,500 2,250 3,500 5,000 5,000 7,000 2,365 6,000 2,000

1,541 2,672 4,142 5,635 5,661 7,739 2,641 5,948 1,947 63,613

Idaho (0.1%) Idaho Housing & Finance Association RAN Idaho Housing & Finance Association RAN

5.000% 5.000%

7/15/23 7/15/27

8,430 7,000

9,224 7,594 16,818

Illinois (9.5%) Chicago IL Board of Education GO Chicago IL Board of Education GO

5.000% 5.125%

279

12/1/31 12/1/32

1,250 6,225

1,139 5,698

High-Yield Tax-Exempt Fund

6

4

Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL Board of Education GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL GO Chicago IL Midway Airport Revenue Chicago IL Midway Airport Revenue Chicago IL Midway Airport Revenue Chicago IL Midway Airport Revenue Chicago IL Midway Airport Revenue Chicago IL Midway Airport Revenue Chicago IL Midway Airport Revenue Chicago IL Midway Airport Revenue Chicago IL Midway Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL O’Hare International Airport Revenue Chicago IL Park District GO Chicago IL Public Building Commission GO Chicago IL Sales Tax Revenue Chicago IL Transit Authority Sales Tax Receipts Revenue Chicago IL Transit Authority Sales Tax Receipts Revenue Chicago IL Wastewater Transmission Revenue Chicago IL Wastewater Transmission Revenue Chicago IL Wastewater Transmission Revenue Chicago IL Wastewater Transmission Revenue Chicago IL Water Revenue Chicago IL Waterworks Revenue Chicago IL Waterworks Revenue Illinois Finance Authority Revenue (Advocate Health Care Network) Illinois Finance Authority Revenue (Advocate Health Care Network) TOB VRDO Illinois Finance Authority Revenue (Carle Foundation) Illinois Finance Authority Revenue (Carle Foundation) Illinois Finance Authority Revenue (Carle Foundation) Illinois Finance Authority Revenue (Centegra Health System) Illinois Finance Authority Revenue (Centegra Health System) Illinois Finance Authority Revenue (Centegra Health System) Illinois Finance Authority Revenue (Children’s Memorial Hospital) Illinois Finance Authority Revenue (Christian Homes Inc.) Illinois Finance Authority Revenue (Christian Homes Inc.) Illinois Finance Authority Revenue (Columbia College) Illinois Finance Authority Revenue (Columbia College) Illinois Finance Authority Revenue (DePaul University) Illinois Finance Authority Revenue (DePaul University) Illinois Finance Authority Revenue (DePaul University) Illinois Finance Authority Revenue (DePaul University) Illinois Finance Authority Revenue (DePaul University) Illinois Finance Authority Revenue (Franciscan Communities Inc.) Illinois Finance Authority Revenue (Illinois Wesleyan University)

280

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 7.000% 6.500% 5.000% 5.620% 5.650% 0.000% 5.500% 5.000% 5.000% 5.000% 5.000% 5.500% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.375% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.625% 5.750% 5.750% 5.000% 5.000% 7.000% 5.250% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 0.660% 6.000% 6.000% 5.000% 5.000% 5.000% 5.000% 5.375% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 4.000% 5.000% 5.000% 5.125% 5.000%

12/1/33 12/1/34 12/1/35 12/1/39 12/1/41 12/1/42 12/1/44 12/1/46 1/1/24 1/1/26 1/1/27 1/1/31 1/1/31 1/1/34 1/1/34 1/1/35 1/1/38 1/1/39 1/1/42 1/1/27 1/1/28 1/1/29 1/1/29 1/1/31 1/1/33 1/1/33 1/1/34 1/1/41 1/1/30 1/1/30 1/1/30 1/1/31 1/1/31 1/1/34 1/1/35 1/1/38 1/1/39 1/1/46 1/1/40 1/1/20 1/1/38 12/1/30 12/1/36 1/1/34 1/1/34 1/1/35 1/1/39 11/1/38 11/1/39 11/1/44 6/1/42 11/7/16 8/15/41 8/15/41 2/15/45 9/1/38 9/1/39 9/1/42 8/15/39 5/15/36 5/15/40 12/1/17 12/1/37 10/1/32 10/1/32 10/1/34 10/1/36 10/1/41 5/15/43 9/1/46

8,750 5,410 4,965 19,475 9,355 25,740 42,500 14,500 6,645 2,755 2,630 4,915 500 6,660 2,000 4,370 13,000 3,700 2,000 2,000 1,765 16,180 2,220 6,945 7,200 4,000 7,105 11,700 8,500 11,000 3,655 11,000 15,595 5,600 7,000 12,000 3,000 3,565 7,500 10,000 7,300 2,950 5,400 2,500 2,525 2,000 9,000 16,315 1,000 7,000 1,500 7,000 2,000 1,500 20,000 7,500 8,150 2,000 22,500 1,400 1,275 8,230 10,000 2,735 500 1,620 1,360 7,875 9,235 2,200

7,927 4,884 4,593 17,889 8,304 22,752 45,135 14,874 7,032 2,776 2,650 2,087 533 6,762 2,035 4,437 13,055 3,899 2,091 2,395 2,099 18,555 2,608 7,882 8,097 4,578 7,966 12,991 9,749 12,212 4,031 12,540 17,242 6,298 8,040 13,977 3,460 3,955 8,168 11,458 7,694 3,307 5,977 2,785 2,782 2,223 9,855 17,123 1,113 7,774 1,666 7,000 2,339 1,758 22,271 8,097 8,946 2,191 23,889 1,530 1,385 8,600 10,676 2,941 591 1,721 1,579 9,078 9,778 2,457

(14) (14)

(ETM)

(4)

(Prere.)

High-Yield Tax-Exempt Fund

4

4

4

6

Illinois Finance Authority Revenue (Lutheran Home & Services) Illinois Finance Authority Revenue (Lutheran Home & Services) Illinois Finance Authority Revenue (Mercy Health System) Illinois Finance Authority Revenue (Mercy Health System) Illinois Finance Authority Revenue (Northwestern Community Hospital) Illinois Finance Authority Revenue (Northwestern Memorial Hospital) PUT Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (OSF Healthcare System) Illinois Finance Authority Revenue (Plymouth Place Inc.) Illinois Finance Authority Revenue (Plymouth Place Inc.) Illinois Finance Authority Revenue (Plymouth Place Inc.) Illinois Finance Authority Revenue (Presence Health Network Obligated Group) Illinois Finance Authority Revenue (Presence Health Network Obligated Group) Illinois Finance Authority Revenue (Presence Health Network Obligated Group) Illinois Finance Authority Revenue (Presence Health Network Obligated Group) Illinois Finance Authority Revenue (Presence Health Network Obligated Group) Illinois Finance Authority Revenue (Rehabilitation Institute of Chicago) Illinois Finance Authority Revenue (Riverside Health System) Illinois Finance Authority Revenue (Riverside Health System) Illinois Finance Authority Revenue (Riverside Health System) Illinois Finance Authority Revenue (Riverside Health System) Illinois Finance Authority Revenue (Rush University Medical Center) Illinois Finance Authority Revenue (Rush University Medical Center) Illinois Finance Authority Revenue (Silver Cross & Medical Centers) Illinois Finance Authority Revenue (Silver Cross & Medical Centers) Illinois Finance Authority Revenue (Silver Cross & Medical Centers) Illinois Finance Authority Revenue (Silver Cross & Medical Centers) Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois GO Illinois Sales Tax Revenue Illinois Sports Facility Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue Illinois Toll Highway Authority Revenue TOB VRDO Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project)

281

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.625% 5.750% 5.000% 5.000% 5.375% 5.000% 7.000% 6.000% 5.000% 5.000% 6.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 5.000% 4.000% 5.000% 6.000% 6.250% 4.000% 4.000% 6.250% 6.625% 5.000% 6.875% 7.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.500% 5.000% 5.250% 5.000% 5.500% 5.000% 5.500% 5.000% 5.000% 5.000% 5.000% 0.680% 0.000% 0.000%

5/15/42 5/15/46 12/1/40 12/1/46 7/1/18 8/15/37 5/15/19 5/15/20 11/15/34 11/15/35 5/15/39 5/15/41 11/15/45 5/15/37 5/15/45 5/15/50 2/15/33 2/15/34 2/15/36 2/15/41 2/15/41 7/1/43 11/15/19 11/15/33 11/15/34 11/15/35 5/1/19 11/15/38 8/15/19 8/15/19 8/15/35 8/15/44 1/1/19 1/1/20 2/1/20 8/1/21 3/1/22 5/1/22 8/1/22 2/1/23 3/1/23 8/1/23 3/1/24 8/1/24 2/1/25 8/1/25 1/1/28 2/1/28 5/1/29 6/1/30 2/1/32 2/1/33 7/1/33 1/1/34 2/1/34 5/1/34 7/1/38 6/15/17 6/15/30 1/1/31 1/1/37 1/1/37 1/1/40 11/7/16 12/15/31 6/15/44

(14) (4)

5,500 5,750 2,950 9,500 6,000 6,250 10,000 4,020 1,915 1,875 2,245 6,000 19,750 1,750 1,000 2,845 5,000 4,580 5,000 4,000 2,000 10,000 2,775 4,555 2,425 1,825 10,000 8,900 500 14,000 7,300 1,750 4,000 2,930 19,750 8,000 5,000 1,150 14,225 5,000 6,165 13,800 5,000 13,660 2,270 3,000 5,000 10,000 6,125 4,725 9,575 6,200 3,350 6,805 3,125 2,500 7,500 7,000 6,120 6,000 6,000 5,000 9,400 3,100 10,000 10,000

5,888 6,183 3,338 10,676 6,445 6,980 11,502 4,697 2,206 2,157 2,552 6,608 22,388 1,868 1,081 2,986 5,538 5,056 5,493 3,820 2,180 11,886 3,203 4,750 2,519 2,064 11,388 10,246 580 16,302 8,246 1,944 4,241 3,166 21,114 8,723 5,465 1,259 15,612 5,489 6,685 15,206 5,385 14,752 2,482 3,219 5,436 10,949 6,524 4,741 10,359 6,695 3,768 7,030 3,369 2,614 8,198 7,179 6,143 6,594 6,950 5,755 10,815 3,100 5,178 2,894

0.000%

12/15/30 (14)

13,555

7,341

0.000%

6/15/31 (14)

10,000

5,292

(Prere.) (Prere.) (Prere.)

(Prere.)

(Prere.) (Prere.) (Prere.)

(4) (4)

(4) (4) (4)

(2)

High-Yield Tax-Exempt Fund

Coupon Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) Northern Illinois Municipal Power Agency Project Revenue Northern Illinois Municipal Power Agency Project Revenue Northern Illinois Municipal Power Agency Project Revenue Northern Illinois Municipal Power Agency Project Revenue Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue Romeoville IL Revenue (Lewis University Project) Romeoville IL Revenue (Lewis University Project) Will County IL Community High School District No. 210 (Lincoln-Way) GO Will County IL Community High School District No. 210 (Lincoln-Way) GO

Maturity Date

Face Amount ($000)

Market Value• ($000)

10,000

5,051

0.000%

6/15/32 (14)

5.000%

6/15/42

5,000

5,304

5.000%

6/15/53

7,500

8,170

5.500% 4.000% 4.000% 4.000% 5.000% 6.000% 5.000% 5.000% 0.000% 5.000%

6/15/53 12/1/33 12/1/35 12/1/36 12/1/41 6/1/28 10/1/35 10/1/42 1/1/31 1/1/31

9,000 4,000 5,000 4,500 10,125 1,200 3,190 5,000 13,330 8,150

10,221 4,285 5,298 4,752 11,638 1,409 3,588 5,585 6,433 8,210 1,070,415

Indiana (2.2%) Ball State University Housing & Dining System Indiana Revenue 4 Chesterton IN Economical Development Revenue (Storypoint Chesterton Project) Gary/Chicago IL International Airport Authority Industrial Development Zone Revenue Gary/Chicago IL International Airport Authority Industrial Development Zone Revenue Gary/Chicago IL International Airport Authority Industrial Development Zone Revenue Indiana Finance Authority Economic Development Revenue (Republic Services Inc. Project) PUT Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) Indiana Finance Authority Hospital Revenue (Deaconess Health System Obligated Group) Indiana Finance Authority Hospital Revenue (Deaconess Health System Obligated Group) Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) Indiana Finance Authority Revenue (Deaconess Health System Obligated Group) Indiana Finance Authority Revenue (I-69 Development Partners LLC) Indiana Finance Authority Revenue (I-69 Development Partners LLC) Indiana Finance Authority Revenue (Ohio River Bridges East End Crossing Project) Indiana Finance Authority Revenue (Ohio River Bridges East End Crossing Project) Indiana Finance Authority Revenue (Ohio River Bridges East End Crossing Project) Indiana Health Facility Financing Authority Hospital Revenue (Ancilla System Inc.) Indiana Municipal Power Agency Revenue Indianapolis IN Airport Authority Special Facilities Revenue (Federal Express Corp. Project) Indianapolis IN Local Public Improvement Bond Bank Revenue (Indianapolis Airport Authority Project) Indianapolis IN Local Public Improvement Bond Bank Revenue (Indianapolis Airport Authority Project) Indianapolis IN Local Public Improvement Bond Bank Revenue (Indianapolis Airport Authority Project) Indianapolis IN Local Public Improvement Bond Bank Revenue (Qualified Midwestern Disaster Area) 3 Whiting IN Environmental Facilities Revenue (BP Products North America Inc. Project) PUT

5.000% 6.375% 5.000% 5.250% 5.000% 0.850%

7/1/35 1/15/51 2/1/29 2/1/34 2/1/39 12/1/16

1,695 5,000 2,000 2,650 3,300 8,000

1,974 5,003 2,163 2,856 3,474 8,000

5.000% 5.000% 5.000%

11/1/51 3/1/32 3/1/35

10,000 5,000 6,000

11,398 5,656 6,724

5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 5.000% 7.375% 6.000% 5.100%

3/1/41 3/1/39 9/1/34 9/1/40 7/1/40 7/1/44 7/1/48 7/1/23 (ETM) 1/1/19 (Prere.) 1/15/17 (ETM)

5,500 7,205 5,000 9,000 2,500 25,550 28,025 19,400 13,275 14,500

6,004 8,272 5,386 9,630 2,773 28,097 30,643 25,493 14,697 14,628

5.000%

1/1/31

5,000

5,723

5.000%

1/1/32

4,500

5,120

5.000%

1/1/33

3,150

3,571

5.750% 1.380%

2/1/36 12/2/19

5,000 35,000

5,813 34,617 247,715

Iowa (0.9%) Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) Iowa Higher Education Loan Authority Revenue Private College Facility (Wartburg College Project) Iowa Higher Education Loan Authority Revenue Private College Facility (Wartburg College Project) Xenia IA Rural Water District Revenue Xenia IA Rural Water District Revenue Xenia IA Rural Water District Revenue

5.000% 5.500% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000%

12/1/19 12/1/22 12/1/25 10/1/32 10/1/37 12/1/31 12/1/36 12/1/41

12,965 43,385 18,400 5,000 8,950 1,600 2,000 2,000

13,320 43,982 19,191 5,295 9,376 1,854 2,276 2,262 97,556

Kansas (0.5%) Coffeyville KS Electric System Revenue Coffeyville KS Electric System Revenue Ford County KS Unified School District No. 443 GO Johnson County KS Unified School District No. 233 GO Johnson County KS Unified School District No. 233 GO Kansas Development Finance Authority Health Facilities Revenue (Kansas University Health System) Wichita KS GO

5.000% 5.000% 4.000% 4.000% 4.000% 5.375% 5.000%

282

6/1/38 (14) 6/1/42 (14) 3/1/28 (15) 9/1/30 9/1/31 3/1/29 12/1/34

6,000 3,500 1,000 1,000 1,000

6,468 3,762 1,142 1,109 1,102

3,000 2,280

3,332 2,646

High-Yield Tax-Exempt Fund

Wichita Wichita Wichita Wichita Wichita Wichita Wichita Wichita

KS KS KS KS KS KS KS KS

GO GO Health Health Health Health Health Health

Care Care Care Care Care Care

Facilities Facilities Facilities Facilities Facilities Facilities

Revenue Revenue Revenue Revenue Revenue Revenue (Larksfield Place Obligated Group)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.250% 6.375% 5.375% 6.500% 7.375%

12/1/35 12/1/39 12/1/31 12/1/36 5/15/43 12/1/46 5/15/48 12/15/43

2,365 11,305 500 500 7,000 1,250 8,000 5,000

2,743 12,946 508 511 7,730 1,271 8,881 5,661 59,812

Kentucky (0.6%) Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) Kentucky Economic Development Finance Authority Hospital Revenue (Baptist Healthcare System Obligated Group) Kentucky Housing Corp. Housing Revenue Kentucky Public Transportation Infrastructure Authority Toll Revenue (Downtown Crossing Project) BAN Kentucky Public Transportation Infrastructure Authority Toll Revenue (Downtown Crossing Project) BAN Kentucky Public Transportation Infrastructure Authority Toll Revenue (Downtown Crossing Project) BAN Louisville & Jefferson County KY Metropolitan Government Health Facilities Revenue (Jewish Hospital& St. Mary’s Healthcare Inc. Project) Louisville & Jefferson County KY Metropolitan Government Health System Revenue (Norton Healthcare Obligated Group) Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives)

5.000%

2/1/40

3,125

3,477

5.250% 5.250%

8/15/46 7/1/32

11,555 175

12,529 177

0.000%

7/1/33

3,065

2,671

0.000%

7/1/39

3,000

2,545

6.000%

7/1/53

12,025

14,133

5.750%

2/1/18 (Prere.)

9,400

9,974

5.750% 5.000% 5.000%

10/1/42 6/1/22 (Prere.) 12/1/35

9,500 4,775 1,475

11,264 5,727 1,622 64,119

Louisiana (1.3%) 6 Juban Crossing LA Economic Development District Revenue Louisiana Citizens Property Insurance Corp. Assessment Revenue Louisiana Housing Finance Agency Single Family Mortgage Revenue (Home Ownership Program) Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (East Baton Rouge Sewerage Commission Projects) Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (Women’s Hospital Foundation Project) Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (Women’s Hospital Foundation Project) 6 Louisiana Public Facilities Authority Dock & Wharf Revenue (Impala Warehousing LLC Project) Louisiana Public Facilities Authority Hospital Revenue (Franciscan Missionaries of Our Lady Health System Project) Louisiana Public Facilities Authority Hospital Revenue (Franciscan Missionaries of Our Lady Health System Project) Louisiana Public Facilities Authority Revenue (Nineteenth Judicial District Court Building Project) New Orleans LA Aviation Board Revenue New Orleans LA Aviation Board Revenue New Orleans LA Aviation Board Revenue New Orleans LA Sewage Service Revenue New Orleans LA Water Revenue Port of New Orleans LA Board of Commissioners Port Facility Revenue Port of New Orleans LA Board of Commissioners Port Facility Revenue St. Charles Parish LA Gulf Opportunity Zone Revenue (Valero Energy Corp.) PUT

7.000% 6.750% 5.950%

9/15/44 6/1/18 (Prere.) 6/1/38

6,250 6,000 875

6,620 6,557 887

5.000%

2/1/39

4,250

4,856

5.875%

10/1/40

9,990

11,543

6.000% 6.500%

10/1/44 7/1/36

8,095 28,700

9,388 31,873

5.000%

7/1/39

17,500

20,024

8,000 3,500 5,000 2,725 2,000 3,000 7,000 1,210 2,720 12,515

8,771 3,950 5,491 3,088 2,258 3,422 7,896 1,347 2,997 13,667

5.000% 5.000% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000%

7/1/42 6/1/42 (4) 1/1/23 (12) 1/1/34 1/1/35 6/1/44 12/1/44 4/1/30 4/1/32 6/1/22

144,635 Maine (0.1%) Maine Health & Higher Educational Facilities Authority Revenue (Eastern Maine Medical Center) Maine Health & Higher Educational Facilities Authority Revenue (Eastern Maine Medical Center) Maine Housing Authority Mortgage Revenue

5.000% 5.000% 4.500%

7/1/41 7/1/46 11/15/28

3,500 7,750 1,770

3,861 8,509 1,874 14,244

Maryland (1.0%) Anne Arundel County MD Special Tax Revenue (Villages at 2 Rivers Project) Anne Arundel County MD Special Tax Revenue (Villages at 2 Rivers Project) Baltimore MD Special Obligation Revenue Frederick County MD Special Tax Revenue (Jefferson Technology Park) Howard County MD Retirement Community Revenue (Columbia Vantage House Corp.) Howard County MD Retirement Community Revenue (Columbia Vantage House Corp.) Maryland Economic Development Corp. Revenue (Purple Line Light Rail Project) Maryland GO Maryland Health & Higher Educational Facilities Authority Revenue (Life Bridge Health Obligated Group)

283

5.125% 5.250% 7.000% 7.125% 5.000% 5.000% 5.000% 4.000%

7/1/36 7/1/44 9/1/38 7/1/43 4/1/36 4/1/46 3/31/24 6/1/30

1,030 2,150 8,000 5,000 1,730 7,205 8,000 7,500

1,067 2,223 8,401 5,643 1,776 7,310 9,229 8,483

5.000%

7/1/40

2,000

2,325

High-Yield Tax-Exempt Fund

4

Maryland Health & Higher Educational Facilities Authority Revenue (Life Bridge Health Obligated Group) Maryland Health & Higher Educational Facilities Authority Revenue (Life Bridge Health Obligated Group) Maryland Health & Higher Educational Facilities Authority Revenue (Maryland Institute College of Art) Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) Maryland Health & Higher Educational Facilities Authority Revenue (University of Maryland Medical System) Montgomery County MD GO CP Westminster MD Revenue (Lutheran Village at Miller’s Grant) Westminster MD Revenue (Lutheran Village at Miller’s Grant)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

7/1/47

15,000

17,346

5.000%

7/1/47

3,500

4,006

4.000% 5.000% 5.000% 5.000%

6/1/42 8/15/26 8/15/27 7/1/45

2,500 4,000 7,005 7,750

2,614 4,722 8,229 8,649

5.000% 0.920% 6.125% 6.250%

7/1/33 12/1/16 7/1/39 7/1/44

6,750 9,800 750 2,000

7,686 9,800 842 2,248 112,599

Massachusetts (1.2%) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Boston Medical Center) Massachusetts Development Finance Agency Revenue (Boston Medical Center) 4 Massachusetts Development Finance Agency Revenue (Boston University) 4 Massachusetts Development Finance Agency Revenue (Boston University) 4 Massachusetts Development Finance Agency Revenue (Boston University) Massachusetts Development Finance Agency Revenue (Emerson College) Massachusetts Development Finance Agency Revenue (Harvard University) Massachusetts Development Finance Agency Revenue (Harvard University) Massachusetts Development Finance Agency Revenue (Lowell General Hospital) Massachusetts Development Finance Agency Revenue (Merrimack College) Massachusetts Development Finance Agency Revenue (Milford Regional Medical Center) Massachusetts Development Finance Agency Revenue (Suffolk University) Massachusetts Development Finance Agency Revenue (Tufts Medical Center) Massachusetts Development Finance Agency Revenue (Tufts Medical Center) Massachusetts Development Finance Agency Revenue (WGBH Educational Foundation) Massachusetts Development Finance Agency Revenue (WGBH Educational Foundation) Massachusetts Educational Financing Authority Education Loan Revenue Massachusetts Educational Financing Authority Education Loan Revenue Massachusetts Educational Financing Authority Education Loan Revenue 3 Massachusetts GO PUT Massachusetts GO VRDO Massachusetts Health & Educational Facilities Authority Revenue (Baystate Medical Center) VRDO Massachusetts Health & Educational Facilities Authority Revenue (Suffolk University) Massachusetts Port Authority Revenue Massachusetts Port Authority Revenue Massachusetts Port Authority Revenue Massachusetts Port Authority Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.000% 4.000% 4.000% 5.000% 5.500% 5.500% 5.000% 5.125% 5.750% 5.125% 7.250% 6.875% 4.000% 4.000% 5.000% 5.000% 5.000% 0.930% 0.460% 0.520% 6.250% 5.000% 5.000% 5.000% 4.000%

7/1/22 7/1/22 7/1/29 7/1/35 7/1/36 7/1/37 7/1/38 10/1/28 10/1/34 10/1/46 1/1/41 11/15/18 11/15/18 7/1/44 7/1/44 7/15/43 7/1/40 1/1/32 1/1/41 1/1/32 1/1/33 7/1/20 7/1/21 1/1/24 8/1/17 11/1/16

(Prere.) (Prere.)

(Prere.) (Prere.)

11/1/16 LOC 7/1/30 7/1/40 7/1/43 7/1/45 7/1/46

120 745 635 4,065 1,750 2,000 2,500 3,560 1,000 9,500 5,000 1,095 3,380 7,165 5,950 3,750 9,000 3,500 1,500 1,645 1,000 5,000 5,000 7,000 5,000 2,650

144 894 709 4,604 1,982 2,258 2,556 4,515 1,075 10,033 5,612 1,197 3,696 7,826 6,646 4,318 9,653 4,182 1,759 1,802 1,092 5,515 5,582 8,082 4,998 2,650

4,900 5,000 2,000 10,000 3,500 8,000

4,900 5,598 2,295 11,558 3,996 8,312 140,039

Michigan (3.8%) Chippewa Valley MI Schools GO Chippewa Valley MI Schools GO Chippewa Valley MI Schools GO Chippewa Valley MI Schools GO Detroit MI Water & Sewerage Department Sewage Disposal System Revenue Detroit MI Water & Sewerage Department Sewage Disposal System Revenue Detroit MI Water Supply System Revenue Detroit MI Water Supply System Revenue Detroit MI Water Supply System Revenue Genesee County MI GO Grand Traverse County MI Hospital Finance Authority Revenue Grand Traverse County MI Hospital Finance Authority Revenue Great Lakes MI Water Authority Sewer Disposal System Revenue Great Lakes MI Water Authority Sewer Disposal System Revenue Great Lakes MI Water Authority Water Supply System Revenue Great Lakes MI Water Authority Water Supply System Revenue Jackson County MI Hospital Finance Authority Hospital Revenue (Allegiance Health) Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group)

284

5.000% 5.000% 5.000% 5.000% 5.500% 5.250% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 4.000%

5/1/28 5/1/29 5/1/30 5/1/31 7/1/24 7/1/39 11/14/16 (Prere.) 7/1/31 7/1/41 2/1/40 (15) 7/1/44 7/1/47 7/1/31 7/1/36 7/1/28 7/1/31 6/1/20 (Prere.) 5/15/31

1,500 1,000 1,000 1,000 10,000 4,735 4,415 5,000 1,270 12,330 1,730 3,550 4,000 5,000 5,000 6,000 10,000 3,000

1,811 1,197 1,189 1,183 10,258 5,289 4,422 5,487 1,394 14,188 1,948 3,991 4,678 5,690 5,977 6,957 11,440 3,188

High-Yield Tax-Exempt Fund

6

Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Methodist Hospital) Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) Lincoln MI Consolidated School District GO Livonia MI Public Schools School District GO Marquette MI Board of Light & Power Electric Utility System Revenue Marquette MI Board of Light & Power Electric Utility System Revenue Marquette MI Board of Light & Power Electric Utility System Revenue Marquette MI Board of Light & Power Electric Utility System Revenue Marquette MI Board of Light & Power Electric Utility System Revenue Marysville MI Public Schools District GO Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Building Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue Michigan Finance Authority Revenue (Beaumont Health Obligated Group) Michigan Finance Authority Revenue (Beaumont Health Obligated Group) Michigan Finance Authority Revenue (Beaumont Health Obligated Group) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Detroit Water & Sewer) Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (McLaren Health Care Corp.) Michigan Finance Authority Revenue (MidMichigan Obligated Group) Michigan Finance Authority Revenue (MidMichigan Obligated Group) Michigan Finance Authority Revenue (Sparrow Obligated Group) Michigan Finance Authority Revenue (Sparrow Obligated Group) Michigan Finance Authority Revenue (Sparrow Obligated Group) Michigan Finance Authority Revenue (Trinity Health Credit Group) TOB VRDO Michigan Finance Authority Revenue (Unemployment Obligation Assessment) Michigan Finance Authority Student Loan Revenue Michigan Finance Authority Student Loan Revenue Michigan GO Michigan Hospital Finance Authority Revenue (McLaren Health Care) Michigan Hospital Finance Authority Revenue (MidMichigan Obligated Group) Michigan Tobacco Settlement Financing Authority Revenue Michigan Tobacco Settlement Financing Authority Revenue Oakland University MI Revenue Oakland University MI Revenue Rockford MI Public Schools GO Rockford MI Public Schools GO Rockford MI Public Schools GO Rockford MI Public Schools GO Rockford MI Public Schools GO Rockford MI Public Schools GO Romeo MI Community School District GO Romeo MI Community School District GO Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) Saginaw MI Hospital Finance Authority Hospital Revenue (Covenant Medical Center Inc.) Wayne County MI Airport Authority Revenue Wayne County MI Airport Authority Revenue Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

4.000% 4.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.660% 5.000% 5.000% 5.000% 5.250% 5.000% 6.125% 5.250% 6.875% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

5/15/32 5/15/33 5/15/30 11/1/40 11/1/43 5/1/40 5/1/45 7/1/27 7/1/28 7/1/29 7/1/30 7/1/31 5/1/37 11/15/36 4/15/38 10/15/50 10/1/29 10/1/33 10/1/34 8/1/28 8/1/33 11/1/44 7/1/29 7/1/30 7/1/32 7/1/33 7/1/34 7/1/34 7/1/35 7/1/44 7/1/44 11/15/41 5/15/32 5/15/32 5/15/33 5/15/34 5/15/35 6/1/33 6/1/34 11/15/27 11/15/28 11/15/36 11/7/16 7/1/22 11/1/16 11/1/17 9/15/17 6/1/35 6/1/19 6/1/22 6/1/42 3/1/41 3/1/47 5/1/37 5/1/38 5/1/39 5/1/40 5/1/41 5/1/44 5/1/37 5/1/41 8/1/19 7/1/30 12/1/34 12/1/38 12/1/28 12/1/32 12/1/37 12/1/39 12/1/44

3,350 4,750 10,000 7,500 16,110 1,250 4,500 850 1,000 1,000 1,000 1,000 2,135 6,500 5,000 6,000 5,000 3,000 3,670 3,250 5,500 8,630 2,500 2,805 4,400 2,000 1,500 5,500 4,500 17,830 7,510 10,000 2,340 4,670 4,025 2,200 2,515 2,750 3,000 3,500 2,000 2,500 3,335 2,665 3,670 2,625 12,000 2,115 4,315 3,735 15,830 5,000 9,000 1,240 1,025 1,025 1,025 1,025 2,250 1,825 2,000 7,000 10,000 5,000 4,000 6,125 2,065 2,000 1,700 2,000

3,541 5,000 11,006 8,417 17,809 1,435 5,163 1,050 1,225 1,216 1,207 1,197 2,497 7,367 5,827 6,855 5,464 3,429 4,181 3,852 6,362 9,679 2,885 3,218 5,070 2,265 1,693 6,222 5,076 19,587 8,076 11,297 2,715 5,419 4,650 2,533 2,885 3,183 3,464 4,286 2,420 2,814 3,335 2,718 3,670 2,707 12,466 2,355 4,872 3,688 16,225 5,773 10,344 1,446 1,192 1,191 1,189 1,187 2,601 2,122 2,311 7,950 11,040 5,696 4,520 6,891 2,292 2,192 1,898 2,227

(4) (4)

(4)

(4)

(Prere.) (Prere.)

(Prere.)

429,922 285

High-Yield Tax-Exempt Fund

Minnesota (0.4%) Anoka MN Healthcare & Housing Facilities Revenue (Homestead at Anoka Inc.) Anoka MN Healthcare & Housing Facilities Revenue (Homestead at Anoka Inc.) Dakota County MN Community Development Agency Multifamily Housing Revenue (Highview Hills Senior Housing Project) Minneapolis MN Health Care System Revenue (Fairview Health Services) Minnesota Housing Finance Agency Residential Housing Revenue Minnesota Municipal Power Agency Revenue Minnesota Municipal Power Agency Revenue Minnesota Municipal Power Agency Revenue 5 Minnesota Public Facilities Authority Revenue (State Revolving Fund) Rochester MN Health Care & Housing Facility Revenue (Homestead At Rochester, Inc. Project) St. Paul MN Housing & Redevelopment Authority Hospital Revenue (HealthEast Obligated Group)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.375% 5.125%

11/1/34 11/1/49

1,135 4,050

1,220 4,234

8,000 8,250 440 1,380 880 2,500 5,000 10,000 1,650

8,827 9,217 457 1,645 1,038 2,921 5,642 11,538 1,825

7.000% 6.750% 4.000% 5.000% 5.000% 5.000% 5.000% 6.875% 5.250%

8/1/18 (Prere.) 11/15/18 (Prere.) 7/1/40 10/1/33 10/1/36 10/1/47 3/1/20 (Prere.) 12/1/48 11/15/28

48,564 Mississippi (0.5%) Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) Jackson County MS Pollution Control Revenue (Chevron USA Inc.) VRDO Mississippi Business Finance Corp. Gulf Opportunity Zone Industrial Development Revenue (Chevron USA Inc. Project) VRDO Mississippi Business Finance Corp. Gulf Opportunity Zone Industrial Development Revenue (Chevron USA Inc. Project) VRDO Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Health System) Warren County MS Gulf Opportunity Zone Revenue (International Paper Co. Projects)

5.000% 5.000% 5.000% 0.500%

7/1/29 7/1/30 7/1/31 11/1/16

4,150 2,450 2,000 12,800

4,851 2,847 2,314 12,800

0.500%

11/1/16

900

900

0.500% 5.000% 5.375%

11/1/16 9/1/46 12/1/35

7,100 17,500 5,500

7,100 19,482 6,239 56,533

Missouri (0.9%) Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue (St. Francis Medical Center) Joplin MO Industrial Development Authority Health Facilities Revenue (Freeman Health System) Kirkwood MO Industrial Development Authority Retirement Community Revenue (Aberdeen Heights Project) Kirkwood MO Industrial Development Authority Retirement Community Revenue (Aberdeen Heights Project) Missouri Health & Educational Facilities Authority Educational Facilities Revenue (St. Louis College of Pharmacy Project) Missouri Health & Educational Facilities Authority Educational Facilities Revenue (St. Louis College of Pharmacy Project) Missouri Health & Educational Facilities Authority Educational Facilities Revenue (St. Louis College of Pharmacy Project) Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) 4 Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) 4 Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) Missouri Health & Educational Facilities Authority Revenue (Mercy Health) Missouri Housing Development Corp. Single Family Mortgage Revenue Missouri Housing Development Corp. Single Family Mortgage Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) St. Louis County MO Industrial Development Authority Revenue (Ranken-Jordan Pediatric Specialty Hospital) St. Louis County MO Industrial Development Authority Revenue (Ranken-Jordan Pediatric Specialty Hospital) St. Louis County MO Industrial Development Authority Revenue (Ranken-Jordan Pediatric Specialty Hospital) St. Louis County MO Industrial Development Authority Senior Living Facilities Revenue (St. Andrew’s Resources for Seniors Obligated Group) St. Louis County MO Industrial Development Authority Senior Living Facilities Revenue (St. Andrew’s Resources for Seniors Obligated Group)

5.000% 5.000%

6/1/33 2/15/29

10,000 1,105

11,108 1,289

8.250%

5/15/39

5,000

5,697

8.250%

5/15/45

5,000

5,685

5.000%

5/1/40

1,410

1,515

5.500%

5/1/43

8,500

9,460

2,000 5,200 1,300 2,475

2,140 5,685 1,397 2,768

5.000% 5.500% 5.500% 5.000%

5/1/45 11/15/18 (Prere.) 11/15/33 11/15/48

5.000%

2/1/35

1,065

1,198

5.000% 5.000% 6.000% 5.600% 4.000% 4.000% 5.000% 5.000%

2/1/46 11/15/45 3/1/38 9/1/38 12/1/32 12/1/33 12/1/27 6/1/28

4,000 5,000 380 1,800 9,000 10,000 1,750 2,690

4,440 5,713 384 1,815 9,815 10,827 2,113 3,229

4.000%

11/15/36

1,400

1,342

5.000%

11/15/41

1,000

1,068

5.000%

11/15/46

1,750

1,862

5.000%

12/1/35

2,000

2,087

5.125%

12/1/45

4,250

4,419 97,056

Multiple States (1.1%) Eaton Vance Municipal Income Trust 6 Nuveen Quality Municipal Income Fund VRDP VRDO 6 Nuveen Quality Municipal Income Fund VRDP VRDO

2.130% 0.810% 0.810%

3,6

9/1/19 11/7/16 LOC 11/7/16 LOC

10,000 55,000 55,000

10,001 55,000 55,000 120,001

286

High-Yield Tax-Exempt Fund

Nebraska (0.3%) Central Plains Energy Project Nebraska Gas Project Revenue (Project No. 3) Central Plains Energy Project Nebraska Gas Project Revenue (Project No. 3) Municipal Energy Agency of Nebraska Power Supply System Revenue Municipal Energy Agency of Nebraska Power Supply System Revenue Nebraska Public Power District Revenue Omaha NE Public Power District Electric Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 4.000% 4.000% 5.000% 5.000%

9/1/32 9/1/42 4/1/32 4/1/33 1/1/35 2/1/41

2,500 14,420 2,010 1,785 3,200 3,680

2,827 16,132 2,178 1,924 3,686 4,274 31,021

Nevada (0.4%) Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) Clark County NV School District GO Las Vegas NV Convention & Visitors Authority Revenue Las Vegas NV Convention & Visitors Authority Revenue Las Vegas Valley Water District Nevada GO Nevada Capital Improvement & Cultural Affairs GO Sparks NV Local Improvement District Revenue Sparks NV Local Improvement District Revenue Truckee Meadows NV Water Authority Water Revenue

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.500% 6.750% 5.000%

9/1/33 6/15/18 (Prere.) 7/1/28 7/1/29 6/1/41 12/1/17 (Prere.) 9/1/20 9/1/27 7/1/37

9,500 10,000 2,000 2,000 6,000 2,550 1,065 2,640 2,000

10,382 10,666 2,449 2,430 7,086 2,667 1,129 2,755 2,374 41,938

New Hampshire (0.2%) 4 New Hampshire Health & Education Facilities New Hampshire Health & Education Facilities (Southern New Hampshire University) New Hampshire Health & Education Facilities (Southern New Hampshire University) New Hampshire Health & Education Facilities

Authority Revenue (Elliott Hospital Obligated Group) Authority Revenue

5.000%

10/1/38

4,000

4,469

5.000%

1/1/34

1,375

1,527

5.000% 7.000%

1/1/42 1/1/38

4,450 7,000

4,929 8,331

Authority Revenue Authority Revenue (Wentworth Douglas Hospital)

19,256 New Jersey (7.9%) Atlantic City NJ GO Atlantic City NJ GO Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue (Cooper Health System Obligated Group) Camden County NJ Improvement Authority Lease Revenue (Rowan University School of Osteopathic Medicine Project) Camden County NJ Improvement Authority Lease Revenue (Rowan University School of Osteopathic Medicine Project) Camden County NJ Improvement Authority Lease Revenue (Rowan University School of Osteopathic Medicine Project) 3,6 Eaton Vance New Jersey Municipal Income Trust Gloucester County NJ Pollution Control Financing Authority Revenue (Logan Project) New Jersey Building Authority Revenue New Jersey Casino Reinvestment Development Authority Revenue (Hotel Room Fee) New Jersey COP New Jersey Economic Development Authority Retirement Community Revenue (Seabrook Village Inc.) New Jersey Economic Development Authority Retirement Community Revenue (Seabrook Village Inc.) New Jersey Economic Development Authority Revenue New Jersey Economic Development Authority Revenue New Jersey Economic Development Authority Revenue (Bancroft NeuroHealth Project) New Jersey Economic Development Authority Revenue (Goethals Bridge Replacement Project) New Jersey Economic Development Authority Revenue (Motor Vehicle Surcharges) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction) New Jersey Economic Development Authority Revenue (School Facilities Construction)

287

4.000% 4.000%

11/1/24 (4) 11/1/25 (4)

4,805 2,405

4,981 2,477

5.750%

2/15/42

5,000

5,773

5.000%

12/1/25

1,195

1,425

5.000%

12/1/26

1,630

1,933

5.000% 2.130% 5.000% 5.000% 5.250% 5.250%

12/1/27 9/1/19 12/1/24 6/15/19 1/1/23 (2) 6/15/27

1,610 7,500 12,875 13,670 1,450 5,000

1,900 7,501 14,501 14,727 1,458 5,412

2,000

2,003

1,500 10,000 2,500 3,800 750 18,055 10,200 3,455 2,055 6,300 6,745 755 4,500 4,750 8,000 7,150 6,545 700 6,300 1,650 2,385 3,000 19,485

1,503 11,183 2,780 3,890 852 21,458 11,391 4,039 2,424 7,498 7,370 841 5,183 5,263 8,863 7,776 7,317 800 7,328 1,805 2,631 3,247 21,032

5.250%

11/15/16 (Prere.)

5.250% 5.000% 5.250% 5.000% 5.375% 5.250% 5.250% 5.250% 5.500% 5.750% 5.000% 5.500% 5.250% 5.000% 5.000% 5.000% 5.250% 5.750% 5.500% 5.000% 5.250% 5.000% 5.000%

11/15/16 6/15/23 6/15/40 6/1/36 1/1/43 7/1/24 9/1/19 3/1/21 3/1/21 3/1/21 9/1/21 9/1/21 12/15/21 3/1/22 3/1/22 9/1/22 9/1/23 9/1/23 9/1/24 3/1/27 9/1/27 3/1/32 6/15/40

(Prere.)

(14) (Prere.) (Prere.) (Prere.) (Prere.)

(14)

(2)

High-Yield Tax-Exempt Fund

4

4 4 4

New Jersey Economic Development Authority Revenue (West Campus Housing LLC) New Jersey Economic Development Authority Revenue (West Campus Housing LLC) New Jersey Economic Development Authority Revenue (Provident Group-Montclair Properties LLC - Montclair State University Student Housing Project) New Jersey Economic Development Authority Special Facility Revenue (Continental Airlines Inc. Project) New Jersey Economic Development Authority Special Facility Revenue (Continental Airlines Inc. Project) New Jersey Educational Facilities Authority Revenue (College of St. Elizabeth) New Jersey Educational Facilities Authority Revenue (Stockton University) New Jersey Educational Facilities Authority Revenue (Stockton University) New Jersey Educational Facilities Authority Revenue (University Medical & Dentistry) New Jersey Equipment Lease Purchase COP New Jersey Health Care Facilities Financing Authority Lease Revenue (Marlboro Psychiatric Hospital Project) New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) New Jersey Health Care Facilities Financing Authority Revenue (University Hospital) New Jersey Health Care Facilities Financing Authority Revenue (Virtua Health) New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Higher Education Assistance Authority Student Loan Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation Program Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue New Jersey Transportation Trust Fund Authority Transportation System Revenue

288

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 4.500%

7/1/35 7/1/41

1,150 2,750

1,234 2,811

5.750%

6/1/31

4,000

4,441

5.125%

9/15/23

12,730

14,163

5.250% 5.000% 5.000% 5.000% 7.500% 5.000%

9/15/29 7/1/46 7/1/32 7/1/33 6/1/19 (Prere.) 6/15/23

9,750 4,000 3,000 3,000 6,500 4,100

10,841 4,178 3,478 3,462 7,559 4,319

5,000 13,540 8,000 6,700 15,000 5,000 10,205 5,000 2,835 2,500 4,500 1,815 5,000 10,000 5,000 2,650 9,500 1,750 7,575 7,500 3,775 18,550 11,500 1,950 1,500 2,740 21,615 5,000 5,000 18,000 5,300 19,665 1,360 9,000 5,240 1,205 2,570 6,000 5,855 2,140 15,250 6,565 8,175 2,105 10,000 2,500 30,000 15,000 20,000 26,940 4,275 10,000 7,000 22,000 8,000 3,000

5,527 13,615 8,484 7,408 15,868 5,537 11,234 5,629 3,192 2,853 4,400 2,028 4,855 10,010 4,797 2,762 9,243 1,757 8,562 8,396 4,188 19,302 11,946 2,101 1,673 3,084 24,167 5,551 5,418 19,454 5,948 21,249 1,450 9,806 5,749 1,322 2,812 6,791 6,839 2,433 17,749 7,461 9,714 2,421 12,039 2,861 21,964 9,744 21,568 30,221 2,184 10,993 7,833 24,111 8,566 3,306

5.000% 4.000% 4.125% 5.750% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 3.250% 5.750% 3.250% 3.500% 3.250% 3.625% 3.500% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.250% 5.000% 5.000% 5.500% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.250% 5.500% 5.500% 5.500% 5.250% 5.500% 5.500% 5.750% 5.250% 0.000% 0.000% 5.625% 5.500% 0.000% 5.000% 5.250% 5.250% 5.500% 5.500%

9/15/29 7/1/48 7/1/38 7/1/33 12/1/18 12/1/20 12/1/20 12/1/21 12/1/21 12/1/22 12/1/28 12/1/28 12/1/29 12/1/29 12/1/30 12/1/30 12/1/31 12/1/39 6/15/27 6/15/28 6/15/30 6/15/30 6/15/31 6/15/19 6/15/22 6/15/23 6/15/26 6/15/33 6/15/36 6/15/38 6/15/39 6/15/44 12/15/18 12/15/19 12/15/19 12/15/19 6/15/20 12/15/20 12/15/21 12/15/21 12/15/21 12/15/22 12/15/22 12/15/22 6/15/23 12/15/23 12/15/25 12/15/27 12/15/28 6/15/31 12/15/31 6/15/32 6/15/32 6/15/36 12/15/38 6/15/41

(4)

(4) (12) (14) (2) (4) (14) (2)

(12)

High-Yield Tax-Exempt Fund

Coupon New Jersey Turnpike Authority Revenue New Jersey Turnpike Authority Revenue New Jersey Turnpike Authority Revenue New Jersey Turnpike Authority Revenue New Jersey Turnpike Authority Revenue Salem County NJ Pollution Control Financing Authority Revenue (Chambers Project) Tobacco Settlement Financing Corp. New Jersey Revenue Tobacco Settlement Financing Corp. New Jersey Revenue Tobacco Settlement Financing Corp. New Jersey Revenue Tobacco Settlement Financing Corp. New Jersey Revenue Tobacco Settlement Financing Corp. New Jersey Revenue

5.150% 5.000% 5.000% 5.000% 5.000% 5.000% 4.500% 4.625% 5.000% 4.750% 5.000%

Maturity Date 1/1/17 (Prere.) 1/1/30 1/1/31 1/1/38 1/1/43 12/1/23 6/1/23 6/1/26 6/1/29 6/1/34 6/1/41

Face Amount ($000)

Market Value• ($000)

21,495 8,295 6,785 15,000 5,000 26,750 4,000 8,645 8,640 11,180 2,500

21,655 9,622 7,862 17,148 5,696 30,271 4,056 8,684 8,618 10,709 2,339 883,886

New Mexico (0.1%) New Mexico Finance Authority Revenue New Mexico Hospital Equipment Loan Council Hospital System Revenue (Gerald Champion Regional Medical Center) New Mexico Mortgage Finance Authority Single Family Mortgage Revenue New Mexico State Finance Authority Revenue

4.000%

6/1/30

2,950

3,322

5.500% 5.300% 4.000%

7/1/42 1/1/39 6/1/31

5,000 765 3,350

5,472 784 3,746 13,324

New York (11.2%) Brooklyn NY Local Development Corp. PILOT Revenue (Barclays Center Project) Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) Dutchess County NY Local Development Corp. Revenue (Health Quest Systems Inc. Project) Hempstead NY Local Development Corp. Revenue (Molloy College) Hudson Yards Infrastructure Corp. New York Revenue Jefferson County NY Industrial Development Agency Solid Waste Disposal Revenue Jefferson County NY Industrial Development Agency Solid Waste Disposal Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Long Island NY Power Authority Electric System Revenue Nassau County NY GO Nassau County NY Local Economic Assistance Corp. Revenue (Catholic Health Services of Long Island Obligated Group Project) New York City NY Build NYC Resource Corp. Revenue (New York Law School Project) New York City NY Build NYC Resource Corp. Revenue (New York Law School Project) New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO New York City NY GO VRDO New York City NY GO VRDO New York City NY GO VRDO New York City NY GO VRDO New York City NY Health & Hospital Corp. Revenue (Health System) New York City NY Housing Development Corp. Multi-Family Mortgage Revenue (8 Spruce Street) New York City NY Industrial Development Agency Airport Facilities Revenue (TRIPS Obligated Group) New York City NY Industrial Development Agency PILOT Revenue (Yankee Stadium Project) New York City NY Industrial Development Agency PILOT Revenue (Yankee Stadium Project) New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO

289

6.375% 5.000% 5.000% 4.000% 5.000% 5.750% 4.750% 5.250% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

1/15/20 (Prere.) 7/15/28 7/15/42 7/1/41 7/1/39 2/15/47 1/1/20 1/1/24 4/1/22 9/1/29 9/1/29 9/1/30 9/1/31 9/1/31 9/1/32 9/1/33 9/1/34 9/1/36 9/1/38 9/1/39 9/1/44 1/1/28

5,000 3,750 5,900 2,000 1,500 25,400 1,900 3,345 10,010 1,000 4,500 1,500 1,000 5,000 1,000 1,600 1,500 1,000 1,000 1,000 12,000 13,000

5,830 4,532 6,757 2,105 1,681 29,677 1,876 3,251 10,900 1,195 5,426 1,798 1,181 5,959 1,175 1,875 1,754 1,163 1,161 1,153 13,818 15,826

5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.500% 0.500% 0.510% 0.530% 5.000% 4.500%

7/1/30 7/1/41 7/1/45 1/1/17 (Prere.) 1/1/25 8/1/25 8/1/32 8/1/36 11/1/16 11/1/16 11/1/16 LOC 11/1/16 LOC 2/15/30 2/15/48

1,500 5,655 4,000 3,935 1,815 6,465 8,000 15,000 13,000 6,600 2,100 7,000 6,000 5,000

1,714 6,429 4,152 3,963 1,828 8,130 9,290 17,477 13,000 6,600 2,100 7,000 6,602 5,260

5.000% 0.000% 7.000% 5.000% 5.000% 5.375% 5.000% 5.000% 5.000% 0.490% 0.500%

7/1/28 3/1/26 (12) 3/1/49 (12) 6/15/35 6/15/35 6/15/43 6/15/44 6/15/45 6/15/46 11/1/16 11/1/16

4,000 5,000 10,000 7,500 10,000 10,000 5,000 8,000 16,235 11,050 7,540

4,380 3,920 11,330 8,261 11,838 11,589 5,812 9,273 18,994 11,050 7,540

High-Yield Tax-Exempt Fund

6

6

New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Building Aid Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue New York City NY Transitional Finance Authority Future Tax Revenue VRDO New York City NY Transitional Finance Authority Future Tax Revenue VRDO New York City NY Transitional Finance Authority Recovery Revenue VRDO New York Convention Center Development Corp. Revenue New York Counties Tobacco Trust Revenue New York Counties Tobacco Trust Revenue New York Counties Tobacco Trust Revenue New York Liberty Development Corp. Revenue New York Liberty Development Corp. Revenue New York Liberty Development Corp. Revenue New York Liberty Development Corp. Revenue New York Liberty Development Corp. Revenue New York Liberty Development Corp. Revenue (Goldman Sachs Headquarters) New York Liberty Development Corp. Revenue (Goldman Sachs Headquarters) New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue New York Metropolitan Transportation Authority Revenue (Dedicated Petroleum Tax) New York Metropolitan Transportation Authority Revenue (Dedicated Petroleum Tax) New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) New York Metropolitan Transportation Authority Revenue (Hudson Yards Development) New York Metropolitan Transportation Authority Revenue (Hudson Yards Development) New York Metropolitan Transportation Authority Revenue (Hudson Yards Development) New York Metropolitan Transportation Authority Revenue (Transit Revenue) New York Metropolitan Transportation Authority Revenue (Transit Revenue) New York Metropolitan Transportation Authority Revenue VRDO New York State Dormitory Authority Lease Revenue (State University Dormitory Facilities) TOB VRDO New York State Dormitory Authority Revenue (Fordham University) New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) New York State Dormitory Authority Revenue (New York University Hospitals Center) New York State Dormitory Authority Revenue (New York University Hospitals Center) New York State Dormitory Authority Revenue (New York University) New York State Dormitory Authority Revenue (New York University) New York State Dormitory Authority Revenue (North Shore - Long Island Jewish Obligated Group) New York State Dormitory Authority Revenue (Pace University) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (Personal Income Tax) New York State Dormitory Authority Revenue (St. John’s University) New York State Dormitory Authority Revenue (St. John’s University) New York State Dormitory Authority Revenue (The New School)

290

Coupon

Maturity Date

0.500% 0.500% 0.520% 5.125% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 0.500% 0.520% 0.510% 5.000% 6.250% 5.000% 5.000% 5.000% 5.125% 5.000% 6.375% 5.750% 5.250% 5.500% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.250% 5.000% 5.000% 5.000% 5.250% 5.250% 5.250% 6.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 0.490%

11/1/16 11/1/16 11/1/16 1/15/33 1/15/34 7/15/37 7/15/40 7/15/41 11/1/16 (ETM) 11/1/16 8/1/32 11/1/33 2/1/36 11/1/37 11/1/38 5/1/42 11/1/16 11/1/16 11/1/16 11/15/40 6/1/41 6/1/45 6/1/51 11/15/31 1/15/44 11/15/44 7/15/49 11/15/51 10/1/35 10/1/37 11/15/29 11/15/31 11/15/32 11/15/32 11/15/33 11/15/36 11/15/36 11/15/37 11/15/38 11/15/40 11/15/40 11/15/56 11/15/56 4/1/20 (ETM) 11/15/34 11/15/35 11/15/46 11/15/51 11/15/56 11/1/25 11/15/41 11/1/16 LOC

0.660% 5.000% 5.000% 4.000% 5.625% 4.000% 4.000% 4.000% 1.237% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500%

11/7/16 7/1/41 7/1/34 7/1/40 7/1/17 (Prere.) 7/1/40 7/1/39 7/1/43 5/1/18 5/1/21 2/15/26 3/15/31 3/15/32 2/15/39 7/1/33 7/1/34 7/1/40

Face Amount ($000)

Market Value• ($000)

1,100 15,200 2,800 5,000 8,650 20,000 12,000 8,000 130 7,870 2,765 4,300 15,000 11,250 7,865 8,250 6,775 2,600 6,300 7,465 9,915 3,750 7,500 2,000 5,000 5,080 10,870 11,000 3,905 5,005 3,515 2,000 2,000 2,250 2,500 9,000 9,225 6,875 8,575 3,000 13,000 7,000 5,500 9,000 3,250 2,910 20,000 10,000 9,800 5,575 8,500 2,200

1,100 15,200 2,800 5,416 9,062 23,349 13,753 9,398 130 7,870 3,353 5,162 17,866 13,365 9,309 8,878 6,775 2,600 6,300 8,723 10,405 4,137 8,145 2,293 5,535 5,760 12,141 12,904 4,938 6,560 3,730 2,333 2,330 2,684 2,995 10,454 11,042 8,098 9,894 3,493 14,851 8,355 6,613 9,870 3,624 3,487 21,797 11,138 11,073 6,689 9,985 2,200

8,995 3,750 18,370 1,000 8,750 1,500 6,000 6,500 10,075 910 12,000 4,285 8,910 3,000 3,000 1,000 5,000

8,995 4,413 21,215 1,055 9,037 1,599 6,526 7,036 10,060 1,026 14,986 5,158 10,767 3,500 3,525 1,169 5,710

High-Yield Tax-Exempt Fund

6

3,6

New York State Liberty Development Corp. Liberty Revenue (3 World Trade Center Project) New York State Thruway Authority Revenue New York State Thruway Authority Revenue New York State Thruway Authority Revenue New York State Thruway Authority Revenue New York State Thruway Authority Revenue New York State Thruway Authority Revenue New York State Urban Development Corp. Revenue (Personal Income Tax) New York Transportation Development Corp. Special Facility Revenue (JFK International Airport Project) New York Transportation Development Corp. Special Facility Revenue (JFK International Airport Project) New York Transportation Development Corp. Special Facility Revenue (La Guardia Airport) New York Transportation Development Corp. Special Facility Revenue (La Guardia Airport) New York Transportation Development Corp. Special Facility Revenue (La Guardia Airport) New York Transportation Development Corp. Special Facility Revenue (La Guardia Airport) New York Transportation Development Corp. Special Facility Revenue (La Guardia Airport) New York Transportation Development Corp. Special Facility Revenue (La Guardia Airport) TOB VRDO Niagara NY Frontier Transportation Authority Airport Revenue (Buffalo Niagara International Airport) Niagara NY Frontier Transportation Authority Airport Revenue (Buffalo Niagara International Airport) Nuveen Dividend Advantage Municipal Fund 3 iMTP Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Revenue Port Authority of New York & New Jersey Special Obligation Revenue (John F. Kennedy International Air Terminal LLC) Port Authority of New York & New Jersey Special Obligation Revenue (John F. Kennedy International Air Terminal LLC) Suffolk County NY Economic Development Corp. Revenue (Catholic Health Services) Suffolk County NY Economic Development Corp. Revenue (Catholic Health Services) Syracuse NY Industrial Development Agency Revenue (Carousel Center Project) Syracuse NY Industrial Development Agency Revenue (Carousel Center Project) Syracuse NY Industrial Development Agency Revenue (Carousel Center Project) Syracuse NY Industrial Development Agency Revenue (Carousel Center Project) Syracuse NY Industrial Development Agency Revenue (Carousel Center Project) Syracuse NY Industrial Development Agency Revenue (Carousel Center Project) Syracuse NY Industrial Development Agency Revenue (Carousel Center Project) Tompkins County NY Development Corp. Revenue (Tompkins Cortland Community College) Tompkins County NY Development Corp. Revenue (Tompkins Cortland Community College) Tompkins County NY Development Corp. Revenue (Tompkins Cortland Community College) Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Triborough Bridge & Tunnel Authority New York Revenue Troy NY Capital Resource Corp. Revenue (Rensselaer Polytechnic Institute Project) Westchester County NY Health Care Corp. Revenue Westchester County NY Health Care Corp. Revenue Westchester County NY Local Development Corp. Revenue (Pace University) Westchester County NY Local Development Corp. Revenue (Westchester Medical Center)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.250% 5.000%

11/15/44 1/1/30 1/1/37 1/1/37 1/1/41 1/1/51 1/1/56 3/15/30

47,545 8,180 3,250 15,000 8,500 6,800 5,000 6,250

53,482 9,755 3,544 17,143 9,972 7,783 5,921 7,520

5.000%

8/1/26

7,500

8,195

5.000% 4.000% 4.000% 4.000% 5.000% 5.250%

8/1/31 7/1/35 (4) 7/1/36 (4) 7/1/37 (4) 7/1/41 1/1/50

17,000 5,000 5,500 8,650 5,000 15,000

18,147 5,208 5,710 8,986 5,460 16,593

0.930%

11/7/16

10,000

10,000

5.000%

4/1/25

2,000

2,340

5.000% 1.380% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.750% 5.000% 5.000% 5.000% 5.000%

4/1/26 10/1/17 9/15/25 9/1/27 10/15/28 10/15/29 9/1/32 10/15/32 12/1/33 3/15/35 10/15/36 10/15/37 10/15/44 5/1/45

3,750 10,000 3,835 1,695 5,625 10,000 4,500 9,900 5,000 25,000 2,665 4,665 10,000 5,000

4,364 10,001 4,372 2,028 6,783 12,013 5,240 11,047 5,733 26,437 3,087 5,396 11,475 5,852

5.500%

12/1/31

4,000

4,550

13,000 2,315 2,000 2,750 1,000 2,370 2,600 2,000 1,405 1,750 3,485 3,000 4,000 4,000 2,000 10,000 1,000 2,665 335 2,050 27,500

15,059 2,639 2,271 3,173 1,146 2,711 2,958 2,267 1,587 1,969 3,740 3,156 4,161 4,757 2,366 11,840 1,176 3,184 380 2,300 30,887

6.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.125% 6.125% 5.000% 5.000%

12/1/42 7/1/30 7/1/31 1/1/30 1/1/31 1/1/32 1/1/33 1/1/34 1/1/35 1/1/36 7/1/27 7/1/32 7/1/38 11/15/28 11/15/29 11/15/46 8/1/32 11/1/20 (Prere.) 11/1/37 5/1/34 11/1/46

1,261,228 North Carolina (0.7%) North Carolina Medical Care Commission (Cape Fear Valley Health System) North Carolina Medical Care Commission North Carolina Medical Care Commission North Carolina Medical Care Commission North Carolina Medical Care Commission North Carolina Medical Care Commission

Health Care Facilities Revenue Health Health Health Health Health

Care Care Care Care Care

Facilities Facilities Facilities Facilities Facilities

Revenue Revenue Revenue Revenue Revenue

(Maryfield Inc.) (Maryfield Inc.) (Maryfield Inc.) (Vidant Health) (Vidant Health)

291

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

10/1/23 10/1/25 10/1/30 10/1/35 6/1/30 6/1/32

9,785 2,000 2,000 2,250 4,000 5,000

11,345 2,294 2,219 2,465 4,741 5,876

High-Yield Tax-Exempt Fund

4 4 4

4 4

North Carolina Medical Care North Carolina Medical Care North Carolina Medical Care North Carolina Medical Care North Carolina Medical Care North Carolina Medical Care North Carolina Medical Care North Carolina Medical Care (Givens Estates Project) North Carolina Medical Care (Salemtowne Project) North Carolina Medical Care (Salemtowne Project) North Carolina Medical Care (Salemtowne Project) North Carolina Medical Care North Carolina Medical Care

Commission Commission Commission Commission Commission Commission Commission Commission

Health Care Facilities Revenue (Vidant Health) Health Care Facilities Revenue (Vidant Health) Health System Revenue (Mission Health System Inc.) Health System Revenue (Mission Health System Inc.) Health System Revenue (Mission Health System Inc.) Hospital Revenue (North Carolina Baptist Hospital) Retirement Facilities Mortgage Revenue (Aldersgate) Retirement Facilities Mortgage Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 6.250%

6/1/36 6/1/40 10/1/34 10/1/35 10/1/36 6/1/34 7/1/35

2,000 10,000 1,500 1,620 1,655 5,050 4,500

2,251 11,487 1,746 1,879 1,914 5,544 5,163

5.000%

7/1/27

2,750

2,841

5.000%

10/1/20

2,380

2,604

5.000%

10/1/26

5,000

5,648

5.000% 5.000% 5.000%

10/1/30 10/1/31 10/1/37

2,000 1,750 1,800

2,220 1,943 1,966

Commission Retirement Facilities Mortgage Revenue Commission Retirement Facilities Mortgage Revenue Commission Retirement Facilities Mortgage Revenue Commission Retirement Facilities Revenue (Southminster Inc.) Commission Retirement Facilities Revenue (Southminster Inc.)

76,146 Ohio (1.5%) Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) American Municipal Power Ohio Inc. Revenue (Meldahl Hydroelectric Project) Bowling Green State University Ohio Student Housing Revenue (CFP I LLC - State University Project) Buckeye Tobacco Settlement Financing Authority Ohio Revenue Buckeye Tobacco Settlement Financing Authority Ohio Revenue Buckeye Tobacco Settlement Financing Authority Ohio Revenue Buckeye Tobacco Settlement Financing Authority Ohio Revenue Buckeye Tobacco Settlement Financing Authority Ohio Revenue Butler County OH Hospital Facilities Revenue (Kettering Health Network) Butler County OH Hospital Facilities Revenue (Kettering Health Network) Butler County OH Hospital Facilities Revenue (UC Health) 4 Butler County OH Hospital Facilities Revenue (UC Health) Dayton-Montgomery County OH Port Authority Revenue (StoryPoint Troy Project) Hamilton County OH Healthcare Revenue (Life Enriching Communities) Hamilton County OH Healthcare Revenue (Life Enriching Communities) Hamilton County OH Healthcare Revenue (Life Enriching Communities) Hamilton County OH Hospital Facilities Revenue (UC Health) JobsOhio Beverage System Statewide Liquor Profits Revenue Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) Ohio Hospital Revenue (University Hospitals Health System Inc.) Ohio Hospital Revenue (University Hospitals Health System Inc.) Ohio Private Activity Revenue (Portsmouth Gateway Group LLC) Ohio Private Activity Revenue (Portsmouth Gateway Group LLC) Penta Career Center Ohio COP Penta Career Center Ohio COP Wood County OH Hospital Facilities Revenue (Wood County Hospital)

5.250% 4.000% 5.000% 5.000% 4.000%

9/1/27 2/15/33 2/15/41 2/15/41 2/15/41

10,000 2,530 3,065 5,000 2,575

11,345 2,719 3,553 5,783 2,712

5.750% 5.750% 6.250% 6.000% 5.875% 6.500% 6.375% 5.625% 5.250% 5.000% 7.125% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 6.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000%

6/1/31 6/1/34 6/1/37 6/1/42 6/1/47 6/1/47 4/1/36 4/1/41 11/1/29 11/15/45 1/15/50 1/1/36 1/1/46 1/1/51 2/1/44 1/1/38 11/15/27 11/15/41 1/15/41 1/15/41 12/31/39 6/30/53 4/1/26 4/1/27 12/1/32

5,000 10,195 5,000 12,005 5,730 10,545 3,750 5,000 3,380 8,810 10,000 1,500 2,100 5,400 440 7,280 7,500 3,000 3,590 10,250 3,540 4,000 3,505 3,490 3,000

5,418 9,505 4,857 11,444 5,386 10,372 4,352 5,632 3,867 9,987 10,207 1,650 2,281 5,854 489 8,323 8,706 3,574 4,145 11,257 3,937 4,382 4,030 3,998 3,228 172,993

Oklahoma (0.3%) Cleveland County OK Educational Facilities Authority Lease Revenue (Moore Public Schools Project) 4 Norman OK Regional Hospital Authority Revenue Oklahoma County OK Finance Authority Revenue (Epworth Villa Project) Oklahoma Housing Finance Agency Single Family Mortgage Revenue (Homeownership Loan Program) Oklahoma Municipal Power Authority Power Supply System Revenue Oklahoma Municipal Power Authority Power Supply System Revenue Oklahoma Municipal Power Authority Power Supply System Revenue Oklahoma Municipal Power Authority Power Supply System Revenue Oklahoma Municipal Power Authority Power Supply System Revenue

5.000% 5.000% 5.125%

6/1/23 9/1/37 4/1/42

6,445 7,390 6,260

7,779 7,955 6,482

5.950% 6.000% 5.000% 4.000% 4.000% 5.000%

9/1/37 1/1/18 (Prere.) 1/1/30 1/1/35 1/1/36 1/1/38

780 4,500 965 580 295 3,500

793 4,770 1,150 620 314 4,064 33,927

Oregon (0.3%) 4 Oregon Facilities Authority Revenue (Samaritan Health Services Project) 5 Oregon Health & Science University Revenue Oregon Housing & Community Service Department Single Family Mortgage Revenue Port of Portland OR International Airport Revenue

292

5.000% 5.750% 4.000% 5.000%

10/1/32 7/1/19 (Prere.) 7/1/44 7/1/34

1,800 6,750 2,340 3,160

2,063 7,584 2,462 3,646

High-Yield Tax-Exempt Fund

4

Salem OR Hospital Yamhill County OR Yamhill County OR Yamhill County OR

Facilities Authority Revenue (Salem Health Project) Hospital Authority Revenue (Friendsview Manor) School District No. 40 (McMinnville) GO School District No. 40 (McMinnville) GO

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 4.000% 4.000%

5/15/46 11/15/46 6/15/31 6/15/32

8,000 2,250 1,000 1,000

9,098 2,429 1,125 1,117 29,524

Pennsylvania (6.1%) Allegheny County PA GO Allegheny County PA GO VRDO Allegheny County PA Higher Education Building Authority University Revenue (Chatham University) Allegheny County PA Higher Education Building Authority University Revenue (Chatham University) Allegheny County PA Higher Education Building Authority University Revenue (Duquesne University) 6 Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) TOB VRDO Allegheny County PA Sanitary Authority Sewer Revenue Allegheny County PA Sanitary Authority Sewer Revenue Allegheny County PA Sanitary Authority Sewer Revenue Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue Beaver County PA Industrial Development Authority Pollution Control Revenue (FirstEnergy Generation Project) PUT Cumberland County PA Municipal Authority Revenue (Asbury Pennsylvania CCRC Obligated Group) Doylestown PA Hospital Authority Revenue East Hempfield Township PA Industrial Development Authority Revenue (Millersville University Student Housing Project) East Hempfield Township PA Industrial Development Authority Revenue (Millersville University Student Housing Project) East Hempfield Township PA Industrial Development Authority Revenue (Millersville University Student Housing Project) 3 Geisinger Authority Health System Pennsylvania Revenue (Geisinger Health System) PUT 6 Lancaster County PA Hospital Authority Health System Revenue (Lancaster General Hospital Project) TOB VRDO Lancaster County PA Hospital Authority Health System Revenue (University of Pennsylvania Health System) Lancaster County PA Hospital Authority Health System Revenue (University of Pennsylvania Health System) Lancaster County PA Hospital Authority Revenue (University of Pennsylvania Health System) Lehigh County PA Authority Water & Sewer Revenue Lehigh County PA General Purpose Authority Revenue (Bible Fellowship Church Homes Inc. Project) Lehigh County PA General Purpose Authority Revenue (Bible Fellowship Church Homes Inc. Project) Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) Monroeville PA Finance Authority Revenue (UPMC Health System) Montgomery County PA Higher Education & Health Authority Revenue (Arcadia University) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) Montgomery County PA Industrial Development Authority Revenue (Philadelphia Presbyterian Homes Inc. Project) Montgomery County PA Industrial Development Authority Revenue (Philadelphia Presbyterian Homes Inc. Project) Montgomery County PA Industrial Development Authority Revenue (Whitemarsh Continuing Care Retirement Community Inc.) Montgomery County PA Industrial Development Authority Revenue (Whitemarsh Continuing Care Retirement Community Inc.) Moon Industrial Development Authority Pennsylvania Revenue (Baptist Home Society Obligated Group) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project)

293

5.000% 0.630%

11/1/19 (Prere.) 11/7/16 LOC

3,265 1,500

3,650 1,500

5.000%

9/1/30

500

565

5.000%

9/1/35

2,165

2,415

5.000%

3/1/27

1,635

1,999

0.620% 4.000% 4.000% 4.000% 5.000% 5.000%

11/1/16 12/1/31 12/1/32 12/1/33 5/1/30 5/1/42

14,100 1,000 1,385 2,000 2,650 14,500

14,100 1,101 1,515 2,180 2,896 15,460

2.700%

4/2/18

5,000

4,728

5.250% 5.000%

1/1/41 7/1/41

4,000 3,500

4,229 3,879

5.000%

7/1/35

1,060

1,164

5.000%

7/1/39

1,625

1,764

5.000% 1.428%

7/1/46 6/1/24

3,175 18,500

3,431 18,516

0.660%

11/7/16

3,300

3,300

4.000%

8/15/45

5,240

5,500

5.000% 5.000% 5.000%

8/15/46 8/15/36 12/1/43

7,000 1,000 4,285

8,141 1,171 4,857

5.125%

7/1/32

2,710

2,922

5.250% 4.000% 4.000% 5.000% 5.750%

7/1/42 7/1/33 7/1/35 2/15/30 4/1/40

4,000 2,940 10,000 4,000 3,530

4,297 3,142 10,617 4,561 3,947

5.250%

1/15/36

11,250

12,507

5.250%

1/15/45

10,000

11,058

5.250%

1/15/46

1,700

1,880

7.000%

12/1/35

2,670

3,079

7.000%

12/1/40

2,500

2,863

5.250%

1/1/40

5,000

5,140

5.375%

1/1/50

10,000

10,326

6.125%

7/1/50

15,000

16,899

LOC (4) (4) (4)

5.500%

8/15/18 (Prere.)

6,500

7,024

5.500%

8/15/18 (Prere.)

5,000

5,403

High-Yield Tax-Exempt Fund

6

4

Northeastern Pennsylvania Hospital & Educational Authority Revenue (Wilkes University Project) Pennsylvania Economic Development Financing Authority Exempt Facilities Revenue (National Gypsum Co.) Pennsylvania Economic Development Financing Authority Resource Recovery Revenue (Colver Project) Pennsylvania Economic Development Financing Authority Revenue (PA Bridges Financing Corp.) Pennsylvania Economic Development Financing Authority Revenue (PA Bridges Financing Corp.) Pennsylvania Economic Development Financing Authority Revenue (Rapid Bridge Replacement Project) Pennsylvania GO Pennsylvania GO Pennsylvania GO Pennsylvania Higher Educational Facilities Authority Revenue (Drexel University) Pennsylvania Higher Educational Facilities Authority Revenue (Foundation for Indiana University of Pennsylvania Student Housing) Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) TOB VRDO Pennsylvania Higher Educational Facilities Authority Revenue (Thomas Jefferson University) Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Pennsylvania Turnpike Commission Revenue Philadelphia PA Authority for Industrial Development Revenue (Cultural & Commercial Corridors) Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Gas Works Revenue Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Children’s Hospital of Philadelphia Project) VRDO Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Temple University Health System Obligated Group) Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Temple University Health System Obligated Group) Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA School District GO Philadelphia PA Water & Waste Water Revenue Philadelphia PA Water & Waste Water Revenue Pocono Mountains Industrial Park Authority Pennsylvania Hospital Revenue (St. Luke’s Hospital Obligated Group) Sayre PA Health Care Facilities Authority Revenue (Guthrie Health Care System) Scranton-Lackawanna PA Health & Welfare Authority Revenue (Marywood University Project)

294

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

3/1/37

765

863

5.500%

11/1/44

5,000

5,495

4.625% 5.000% 5.000%

12/1/18 (2) 12/31/38 6/30/42

17,500 4,000 6,060

17,555 4,464 6,705

5.000% 5.000% 5.000% 5.000% 4.000%

12/31/29 9/15/27 8/1/32 8/1/33 5/1/36

10,000 10,000 8,235 6,440 4,000

11,594 12,251 9,501 7,398 4,267

5.000%

7/1/41

2,275

2,520

0.690% 5.250% 5.000% 5.000% 5.000% 5.000% 6.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.500% 5.000% 5.000% 0.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 4.000%

11/7/16 9/1/50 6/1/19 6/1/19 6/1/19 6/1/19 12/1/20 6/1/27 12/1/30 12/1/31 12/1/33 12/1/33 12/1/33 6/1/37 6/1/39 12/1/39 12/1/39 12/1/40 12/1/40 12/1/40 12/1/41 12/1/41 12/1/45 12/1/46 12/1/27 8/1/26 8/1/27 8/1/28 10/1/30 10/1/32 8/1/33 8/1/34 10/1/35 10/1/36

7,560 15,120 6,865 10,040 720 3,270 4,000 30,000 10,000 10,000 9,200 5,000 4,000 6,245 12,000 8,000 13,000 16,415 6,400 11,225 17,000 5,000 3,500 10,530 5,000 3,455 2,000 2,000 4,200 3,335 1,000 1,000 1,845 1,750

7,560 17,467 7,568 11,068 793 3,603 4,863 36,007 11,776 11,700 10,829 5,886 4,809 7,051 13,590 6,573 15,025 18,466 7,289 12,864 19,110 5,747 4,077 11,784 5,928 4,183 2,402 2,375 5,011 3,935 1,153 1,149 1,981 1,876

0.520%

11/1/16

3,400

3,400

5.625%

7/1/36

5,850

6,484

5.625% 6.000% 6.000% 6.000% 6.000% 6.000% 6.000% 5.000% 6.000% 5.000% 5.000%

7/1/42 9/1/18 9/1/18 9/1/18 9/1/18 9/1/18 9/1/18 9/1/27 9/1/38 7/1/40 7/1/45

7,930 15 5 10 190 10 5 12,000 12,765 3,500 7,000

8,759 16 5 11 208 11 5 14,097 13,377 4,025 8,024

5.000% 1.214% 5.000%

8/15/40 12/1/17 6/1/36

8,125 10,120 4,000

9,113 10,121 4,250

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (Prere.) (15)

High-Yield Tax-Exempt Fund

6

Scranton-Lackawanna PA Health & Welfare Authority Revenue (Marywood University Project) Westmoreland County PA Industrial Development Authority Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 4.720%

6/1/46 7/1/35

5,250 12,000

5,537 12,732 682,012

Puerto Rico (0.6%) Puerto Rico Aqueduct & Sewer Authority Revenue Puerto Rico Aqueduct & Sewer Authority Revenue 7 Puerto Rico GO 7 Puerto Rico GO 7 Puerto Rico GO 7 Puerto Rico GO 7 Puerto Rico GO 7 Puerto Rico GO Puerto Rico Sales Tax Financing Corp. Revenue Puerto Rico Sales Tax Financing Corp. Revenue Puerto Rico Sales Tax Financing Corp. Revenue Puerto Rico Sales Tax Financing Corp. Revenue

5.125% 5.250% 5.000% 5.125% 5.375% 5.125% 5.750% 5.000% 5.000% 5.250% 5.000% 5.750%

7/1/37 7/1/42 7/1/28 7/1/28 7/1/30 7/1/31 7/1/38 7/1/41 8/1/40 8/1/40 8/1/46 8/1/57

4,905 14,200 1,845 3,245 3,665 3,125 4,320 6,795 19,575 19,080 5,725 8,530

3,699 10,711 1,168 2,054 2,320 1,973 2,759 4,255 14,094 13,738 4,122 6,133 67,026

Rhode Island (0.6%) Rhode Island Commerce Corp. Airport Revenue Rhode Island Commerce Corp. Airport Revenue Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Care New England Health System Obligated Group) Rhode Island Health & Educational Building Corp. Providence Public Schools Revenue (Providence Public Buildings Authority) Tobacco Settlement Financing Corp. Rhode Island Revenue Tobacco Settlement Financing Corp. Rhode Island Revenue Tobacco Settlement Financing Corp. Rhode Island Revenue

5.000% 5.000%

7/1/41 7/1/46

1,000 1,750

1,146 1,996

5.000%

9/15/28

2,505

3,032

5.000%

9/15/29

5,170

6,211

5.000%

9/15/30

2,105

2,520

4.000%

9/15/31

1,000

1,098

4.000%

9/15/32

1,250

1,364

4.000%

9/15/33

1,350

1,467

4.000%

9/15/34

1,325

1,432

5.000%

9/1/31

4,500

4,874

5.000%

9/1/36

8,500

9,050

10,040 4,530 4,000 10,580

12,036 5,069 4,446 10,621

5.000% 5.000% 5.000% 2.250%

5/15/27 (4) 6/1/29 6/1/30 6/1/41

66,362 South Carolina (1.6%) Charleston SC Educational Excellence Financing Corp. Revenue (Charleston County School District, South Carolina Project) 6 Charleston SC Educational Excellence Financing Corp. Revenue (Charleston County School District, South Carolina Project) TOB VRDO Lancaster County SC Assessment Revenue Lexington County SC Health Services District Inc. Hospital Revenue Piedmont SC Municipal Power Agency Revenue Piedmont SC Municipal Power Agency Revenue South Carolina Jobs Economic Development Authority Health Care Facilities Revenue (Lutheran Homes of South Carolina Inc.) South Carolina Jobs Economic Development Authority Revenue (Care Alliance Health Services) South Carolina Ports Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue South Carolina Public Service Authority Revenue University of South Carolina Higher Education Revenue University of South Carolina Higher Education Revenue

295

5.000%

12/1/16 (Prere.)

10,120

10,156

0.680% 5.450% 5.000% 5.250% 5.750%

11/7/16 12/1/37 11/1/41 1/1/19 1/1/34 (4)

7,250 1,170 10,000 11,770 10,000

7,250 1,171 11,518 12,329 11,721

5.375% 5.250% 5.250% 5.500% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

5/1/21 8/15/46 7/1/55 1/1/19 (Prere.) 1/1/19 (Prere.) 12/1/33 12/1/34 12/1/35 12/1/38 12/1/39 12/1/50 12/1/56 5/1/27 5/1/28

1,500 15,000 10,245 1,190 13,810 5,000 7,430 7,940 15,335 5,000 10,000 7,500 1,430 700

1,503 17,307 11,572 1,303 15,120 5,951 8,693 9,264 17,712 5,791 11,254 8,545 1,788 868

High-Yield Tax-Exempt Fund

University of South Carolina Higher Education Revenue University of South Carolina Higher Education Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000%

5/1/30 5/1/31

2,500 1,200

3,042 1,452 175,310

South Dakota (0.2%) South Dakota Building Authority Revenue South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) South Dakota Health & Educational Facilities Authority Revenue (Sanford Health)

5.000% 5.000% 5.000%

6/1/38 11/1/37 11/1/44

4,000 10,000 5,000

4,662 11,219 5,612 21,493

Tennessee (1.8%) Blount County TN Health & Educational Facilities Board Revenue (Asbury Inc.) Blount County TN Health & Educational Facilities Board Revenue (Asbury Inc.) Blount County TN Health & Educational Facilities Board Revenue (Asbury Inc.) Chattanooga TN Health Educational & Housing Facility Board Revenue (Catholic Health Initiatives) Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue Chattanooga-Hamilton County TN Hospital Authority Hospital Revenue Clarksville TN Public Building Authority Revenue (Morristown) VRDO Clarksville TN Public Building Authority Revenue (Pooled Financing) VRDO Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue (Covenant Healthcare) Metropolitan Government of Nashville & Davidson County TN Health & Educational Facilities Board Revenue (Vanderbilt University) Metropolitan Government of Nashville & Davidson County TN Health & Educational Facilities Board Revenue (Vanderbilt University) Metropolitan Government of Nashville & Davidson County TN Industrial Development Board Revenue (Waste Management Inc. Tennessee Project) PUT Montgomery County TN Public Building Authority Pooled Financial Revenue (Tennessee County Loan Pool) VRDO Shelby County TN Health Educational & Housing Facility Board Revenue (Methodist Le Bonheur Healthcare) VRDO Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Energy Acquisition Corp. Gas Revenue Tennessee Housing Development Agency Homeownership Program Revenue Tennessee Housing Development Agency Residential Finance Program Revenue Washington County TN GO

5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 0.590% 0.590%

1/1/31 1/1/37 1/1/47 1/1/45 10/1/39 10/1/44 11/1/16 LOC 11/1/16 LOC

1,700 375 2,125 6,500 7,600 10,280 4,000 10,700

1,861 403 2,257 7,244 8,499 11,481 4,000 10,700

0.000%

1/1/42

3,215

910

5.000%

7/1/40

5,000

5,811

5.000%

7/1/46

5,000

5,770

1.500%

8/1/17

7,500

7,521

0.590%

11/1/16 LOC

19,300

19,300

0.520% 5.000% 5.250% 5.000% 5.250% 5.000% 5.250% 5.000% 5.250% 5.000% 5.250% 5.250% 5.000% 4.500% 4.000% 4.000%

11/1/16 (4) 2/1/19 9/1/19 2/1/20 9/1/21 2/1/22 9/1/22 2/1/23 9/1/23 2/1/24 9/1/24 9/1/26 2/1/27 1/1/38 7/1/39 6/1/28

7,400 22,820 7,280 3,460 2,320 1,010 6,285 2,190 1,665 5,790 8,060 3,535 16,325 1,070 3,590 6,405

7,400 24,559 8,026 3,828 2,690 1,158 7,389 2,553 1,991 6,765 9,659 4,333 19,586 1,131 3,833 7,398 198,056

Texas (8.7%) Austin TX Airport System Revenue Austin TX Airport System Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Central Texas Regional Mobility Authority Revenue Dallas TX Area Rapid Transit Sales Tax Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Dallas-Fort Worth TX International Airport Revenue Grand Parkway Transportation Corp. Texas System Toll Revenue Grand Parkway Transportation Corp. Texas System Toll Revenue Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Memorial Hermann Healthcare System)

5.000% 5.000% 6.250% 0.000% 0.000% 5.000% 4.000% 5.000% 5.000% 5.000% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 0.000% 5.250% 5.000%

296

11/15/26 11/15/39 1/1/21 (Prere.) 1/1/32 1/1/33 1/1/33 1/1/41 1/1/46 12/1/41 11/1/26 11/1/26 11/1/32 11/1/35 11/1/35 11/1/38 11/1/38 11/1/42 11/1/42 11/1/43 10/1/34 10/1/51 12/1/31

1,000 4,370 1,500 4,090 3,000 6,590 6,000 7,000 8,000 10,000 1,530 7,200 7,000 3,760 21,275 7,085 16,785 10,000 11,000 19,500 8,000

1,192 4,937 1,803 2,307 1,621 7,307 6,219 7,905 9,396 11,270 1,822 8,023 7,771 4,174 23,697 7,793 18,654 11,188 12,041 17,783 9,439

8,000

9,180

High-Yield Tax-Exempt Fund

6

4

4

4

Harris County TX Cultural Education Facilities Finance Corp. Revenue (YMCA of the Greater Houston Area) Harris County TX Sports Authority Revenue Harris County TX Sports Authority Revenue Harris County TX Sports Authority Revenue Hays County TX Special Assessment Revenue Houston TX Airport System Revenue Houston TX Airport System Revenue Houston TX Airport System Revenue Houston TX Airport System Revenue Houston TX Airport System Special Facilities Revenue (Continental Airlines Inc. Terminal Improvement Projects) Houston TX Airport System Special Facilities Revenue (Continental Airlines Inc. Terminal Improvement Projects) Houston TX Airport System Special Facilities Revenue (Continental Airlines Inc. Terminal Improvement Projects) Lone Star College System Texas GO TOB VRDO Love Field Airport Modernization Corp. Texas Special Facilities Revenue (Southwest Airlines Co. Project) Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Revenue Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) Lubbock TX Independent School District GO Mesquite TX Health Facilities Development Corp. Retirement Facility Revenue (Christian Care CentersInc. Project) Mission TX Economic Development Corp. Revenue (Natgasoline Project) New Hope TX Cultural Education Facilities FinanceCorp. First Mortgage Revenue (Morningside Ministries Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (Carillon Life Care Community Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (Carillon Life Care Community Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (Legacy at Willow Bend Retirement Community Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (Legacy at Willow Bend Retirement Community Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (Legacy at Willow Bend Retirement Community Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (MRC Crestview Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (MRC Crestview Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (MRC Crestview Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (MRC Crestview Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (MRC Crestview Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (MRC Crestview Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (Westminster Manor Project) New Hope TX Cultural Education Facilities FinanceCorp. Retirement Facilities Revenue (Westminster Manor Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Tarleton State University Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Tarleton State University Project)

297

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.000% 7.000% 5.000% 5.000% 5.000% 5.500%

6/1/38 11/15/31 11/15/32 11/15/34 9/15/45 7/15/30 7/1/32 7/15/35 7/1/39

2,500 500 500 1,100 4,500 11,605 5,000 5,000 5,010

2,720 576 573 1,252 4,636 13,088 5,539 5,521 5,369

4.750%

7/1/24

7,500

8,464

5.000%

7/1/29

23,150

25,870

6.500% 0.660%

7/15/30 11/7/16

4,000 9,535

4,615 9,535

5.000% 5.625% 5.625% 5.625% 5.625% 5.000% 5.500% 5.625%

11/1/22 5/15/19 5/15/19 5/15/19 5/15/19 5/15/30 5/15/36 5/15/39

2,250 15 10 205 5 5,000 10,000 4,765

2,618 17 11 228 6 5,536 11,006 5,228

5.000%

5/15/28

1,400

1,713

5.000%

5/15/29

1,035

1,256

5.000%

5/15/30

1,375

1,657

5.000% 5.750%

5/15/45 2/15/19 (Prere.)

9,500 4,500

10,937 4,983

5.125% 5.750%

2/15/42 10/1/31

2,750 15,000

2,969 15,846

6.500%

1/1/43

4,370

5,039

5.000%

7/1/36

1,950

2,034

5.000%

7/1/46

2,250

2,305

5.000%

11/1/36

4,605

5,147

5.000%

11/1/46

3,000

3,333

5.000%

11/1/51

4,750

5,254

3.000%

11/15/21

800

799

5.000%

11/15/31

850

953

5.000%

11/15/36

550

610

5.000%

11/15/46

1,600

1,758

5.500%

11/15/46

1,500

1,505

5.500%

11/15/52

1,150

1,139

5.000%

11/1/31

1,000

1,126

5.000%

11/1/40

1,000

1,105

5.000%

4/1/35

1,500

1,632

5.000%

4/1/39

2,250

2,429

(Prere.) (Prere.) (Prere.) (Prere.)

High-Yield Tax-Exempt Fund

6

New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Tarleton State University Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Tarleton State University Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Texas A&M University Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Texas A&M University Project) New Hope TX Cultural Education Facilities FinanceCorp. Student Housing Revenue (Texas A&M University Project) North East TX Regional Mobility Authority Revenue North East TX Regional Mobility Authority Revenue North East TX Regional Mobility Authority Revenue North East TX Regional Mobility Authority Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue North Texas Tollway Authority System Revenue Port Arthur TX Independent School District GO TOB VRDO Red River TX Education Finance Corp. Revenue (Edwards University Project) SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue SA Energy Acquisition Public Facility Corp. Texas Gas Supply Revenue Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Air Force Villages Project) Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Air Force Villages Project) Tarrant County TX Cultural Education Facilities Finance Corp. Retirement Facilities Revenue (SQLC Senior Living Center Mirador Project) Tarrant County TX Cultural Education Facilities Finance Corp. Retirement Facilities Revenue (Stayton at Museum Way Project) Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Gas Acquisition & Supply Corp. Revenue Texas Municipal Power Agency Revenue Texas Municipal Power Agency Revenue Texas Municipal Power Agency Revenue Texas Private Activity Surface Transportation Corp. Revenue Texas Private Activity Surface Transportation Corp. Revenue Texas Private Activity Surface Transportation Corp. Revenue Texas Private Activity Surface Transportation Corp. Revenue Texas Private Activity Surface Transportation Corp. Revenue Texas Private Activity Surface Transportation Corp. Revenue Texas Private Activity Surface Transportation Corp. Revenue Texas Private Activity Surface Transportation Corp. Revenue (Blueridge Transportation Group) Texas Private Activity Surface Transportation Corp. Revenue (Blueridge Transportation Group) Texas Private Activity Surface Transportation Corp. Revenue (Blueridge Transportation Group) Texas Transportation Commission Turnpike System Revenue Texas Transportation Commission Turnpike System Revenue

298

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000%

4/1/46

3,765

4,047

5.000%

4/1/47

4,000

4,304

5.000%

7/1/35

4,200

4,592

5.000%

7/1/47

14,000

15,133

5.000% 5.000% 5.000% 5.000% 5.000% 5.625% 5.625% 5.750% 6.000% 6.250% 6.250% 6.000% 5.000% 5.000% 5.000% 5.000% 5.625% 6.250% 6.000% 0.670% 5.000% 5.500% 5.500% 5.500%

4/1/48 1/1/41 1/1/41 1/1/46 1/1/46 1/1/18 1/1/18 1/1/18 1/1/19 1/1/19 2/1/23 1/1/28 1/1/30 1/1/30 9/1/30 1/1/32 1/1/33 1/1/39 9/1/41 11/7/16 6/1/46 8/1/20 8/1/24 8/1/25

1,250 5,860 990 7,700 4,150 5,640 1,505 29,000 7,350 12,585 20,000 1,690 6,250 10,000 7,000 13,020 1,000 2,895 5,000 9,125 2,250 1,180 7,675 1,000

1,353 6,657 1,116 8,708 4,659 5,953 1,588 30,649 8,141 14,006 22,705 1,864 7,354 11,991 8,114 14,784 1,049 3,184 6,033 9,125 2,562 1,345 9,318 1,224

5.000%

5/15/37

6,000

6,526

5.000%

5/15/45

10,000

10,804

7.250%

11/15/16

3,825

3,250

8.250% 1.270% 5.250% 5.250% 5.000% 5.000% 5.250% 5.000% 5.000% 5.250% 6.250% 5.000% 5.000% 5.000% 5.000% 0.000% 0.000% 0.000% 7.500% 7.500% 7.500% 7.000% 6.875% 7.000% 6.750% 5.000% 5.000% 5.000% 5.000% 5.000%

11/15/44 9/15/17 12/15/19 12/15/20 12/15/21 12/15/23 12/15/24 12/15/25 12/15/26 12/15/26 12/15/26 12/15/27 12/15/28 12/15/29 12/15/32 9/1/17 (ETM) 9/1/17 (14)(ETM) 9/1/17 (14)(ETM) 12/31/31 6/30/32 6/30/33 12/31/38 12/31/39 6/30/40 6/30/43 12/31/40 12/31/45 12/31/50 8/15/34 8/15/37

4,000 5,775 10,000 15,400 1,120 1,120 7,500 16,500 3,050 6,995 14,935 3,650 1,920 4,355 6,480 50 14,385 44,225 3,705 20,000 10,000 12,500 23,525 2,640 24,790 3,000 5,000 6,000 31,900 12,925

4,293 5,773 11,040 17,390 1,285 1,306 8,971 18,908 3,486 8,503 18,338 4,156 2,168 4,901 7,223 50 14,264 43,825 4,375 23,972 11,980 15,463 27,333 3,115 30,254 3,356 5,548 6,614 36,587 14,747

(Prere.) (Prere.) (Prere.) (Prere.) (Prere.)

(12)

High-Yield Tax-Exempt Fund

Westlake TX Special Assessment Revenue Westlake TX Special Assessment Revenue

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

6.250% 6.375%

9/1/40 9/1/45

2,500 2,500

2,543 2,547 969,911

Utah (0.5%) Utah Associated Municipal Power Systems Utah Associated Municipal Power Systems Utah Associated Municipal Power Systems Utah Associated Municipal Power Systems Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue Utah Transit Authority Sales Tax Revenue

Revenue Revenue Revenue Revenue

(Horse (Horse (Horse (Horse

Butte Butte Butte Butte

Wind Wind Wind Wind

Project) Project) Project) Project)

5.000% 5.000% 5.000% 5.000% 4.000% 4.000% 4.000% 5.000% 5.000%

9/1/29 9/1/30 9/1/31 9/1/32 12/15/29 12/15/30 12/15/31 6/15/35 6/15/42

4,475 3,700 4,685 3,500 1,265 4,500 4,000 10,460 11,840

5,167 4,269 5,385 4,007 1,407 4,977 4,392 12,168 13,350 55,122

Vermont (0.2%) Vermont Educational & Health Buildings Financing Agency Revenue (University of Vermont Health Network) Vermont Educational & Health Buildings Financing Agency Revenue (University of Vermont Health Network) Vermont Educational & Health Buildings Financing Agency Revenue (University of Vermont Health Network) Vermont Educational & Health Buildings Financing Agency Revenue (University of Vermont Health Network) Vermont Housing Finance Agency Revenue 3 Vermont Student Assistance Corp. Education Loan Revenue

5.000%

12/1/37

1,500

1,740

5.000%

12/1/38

1,750

2,021

5.000%

12/1/39

1,130

1,304

4.000% 4.125% 3.858%

12/1/42 11/1/42 12/3/35

5,000 1,850 10,000

5,185 1,917 10,411 22,578

Virgin Islands (0.2%) Virgin Islands Port Authority Marine Revenue Virgin Islands Port Authority Marine Revenue Virgin Islands Public Finance Authority Revenue Virgin Islands Public Finance Authority Revenue Virgin Islands Public Finance Authority Revenue

5.000% 5.000% 5.000% 5.000% 5.000%

9/1/29 9/1/33 9/1/30 9/1/33 10/1/39

3,500 2,250 5,000 3,000 2,000

3,999 2,537 5,623 3,318 1,910 17,387

Virginia (1.5%) 6 Alexandria VA Redevelopment & Housing Authority Multi-Family Housing Mortgage Revenue (Portals West Apartment) Chesapeake VA Toll Road Revenue Chesterfield County VA Economic Development Authority Retirement Facilities Revenue (Brandermill Woods Project) Fredericksburg VA Economic Development Authority Hospital Facilities Revenue (Mary Washington Healthcare Obligated Group) Fredericksburg VA Economic Development Authority Hospital Facilities Revenue (Mary Washington Healthcare Obligated Group) Fredericksburg VA Economic Development Authority Hospital Facilities Revenue (Mary Washington Healthcare Obligated Group) Fredericksburg VA Economic Development Authority Hospital Facilities Revenue (Mary Washington Healthcare Obligated Group) Gloucester County NJ Industrial Development Authority Solid Waste Disposal Revenue (Waste Management, Inc. Project) PUT Hanover County VA Economic Development Authority Residential Care Facility Revenue (Covenant Woods) Lexington VA Industrial Development Authority Residential Care Facility Revenue (Kendall at Lexington Corp.) Newport News VA Economical Development Authority Residential Care Facilities Revenue Newport News VA Economical Development Authority Residential Care Facilities Revenue 6 Newport News VA Industrial Development Authority Health System Revenue 4 Prince William County VA Industrial Development Agency Revenue (Westminster Presbyterian Retirement Community Inc.) 4 Prince William County VA Industrial Development Agency Revenue (Westminster Presbyterian Retirement Community Inc.) 4 Prince William County VA Industrial Development Agency Revenue (Westminster Presbyterian Retirement Community Inc.) Tobacco Settlement Financing Corp. Virginia Revenue Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) Virginia College Building Authority Educational Facilities Revenue (Marymount University Project) Virginia College Building Authority Educational Facilities Revenue (Marymount University Project)

299

8.250% 0.000%

4/1/32 (ETM) 7/15/40

415 7,800

551 6,257

5.125%

1/1/43

4,750

4,996

5.000%

6/15/29

1,425

1,653

5.000%

6/15/30

2,000

2,303

5.000%

6/15/31

1,155

1,325

5.000%

6/15/33

1,000

1,137

1.600%

5/1/17

4,000

4,012

5.000%

7/1/42

5,550

5,863

4.000% 5.000% 5.000% 5.330%

1/1/31 12/1/31 12/1/38 7/1/45

750 5,000 10,000 17,000

797 5,496 10,774 17,914

5.000%

1/1/31

1,700

1,873

5.000%

1/1/37

1,000

1,084

5.000% 5.200% 5.250% 5.000% 5.250% 5.000% 5.000%

1/1/46 6/1/46 7/1/30 7/1/35 7/1/35 7/1/45 7/1/45

2,200 3,000 1,000 1,295 2,000 10,000 4,755

2,362 2,874 1,129 1,412 2,217 10,825 5,147

High-Yield Tax-Exempt Fund

Virginia Virginia Virginia Virginia Virginia Virginia Virginia

Port Authority Port Facilities Revenue Port Authority Port Facilities Revenue Port Authority Port Facilities Revenue Small Business Financing Authority Revenue Small Business Financing Authority Revenue Small Business Financing Authority Revenue Small Business Financing Authority Revenue

(Elizabeth River Crossings Project) (Elizabeth River Crossings Project) (Elizabeth River Crossings Project) (Express Lanes LLC)

Coupon

Maturity Date

Face Amount ($000)

Market Value• ($000)

5.000% 5.000% 5.000% 5.250% 6.000% 5.500% 5.000%

7/1/33 7/1/34 7/1/36 1/1/32 1/1/37 1/1/42 7/1/34

2,835 3,380 7,045 12,670 15,000 13,350 11,500

3,279 3,898 8,096 14,236 17,462 14,978 12,379 166,329

Washington (1.2%) 6 Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue TOB VRDO Chelan County WA Public Utility District No. 1 Consolidated System Revenue (Chelan Hydro) Chelan County WA Public Utility District No. 1 Consolidated System Revenue (Chelan Hydro) Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Seattle WA Revenue Port of Tacoma WA Revenue Port of Tacoma WA Revenue Snohomish County WA School District No. 4 (Lake Stevens) GO Tobacco Settlement Authority Washington Revenue Tobacco Settlement Authority Washington Revenue Washington Health Care Facilities Authority Revenue (Central Washington Health Services Association) Washington Health Care Facilities Authority Revenue (MultiCare Health System) Washington Health Care Facilities Authority Revenue (Seattle Cancer Care Alliance) Washington Higher Education Facilities Authority Revenue (Seattle University Project) Washington Housing Finance Commission Multi-Family Housing Revenue (Heron’s Key Obligated Group) Washington Housing Finance Commission Multi-Family Housing Revenue (Heron’s Key Obligated Group) Washington Housing Finance Commission Multi-Family Housing Revenue (Heron’s Key Obligated Group) Washington Housing Finance Commission Multi-Family Housing Revenue (Presbyterian Retirement Communities Northwest Obligated Group) Washington Housing Finance Commission Multi-Family Housing Revenue (Presbyterian Retirement Communities Northwest Obligated Group) Washington Housing Finance Commission Multi-Family Housing Revenue (Presbyterian Retirement Communities Northwest Obligated Group) Washington Housing Finance Commission Revenue (Wesley Homes Lea Hill Project) Washington Housing Finance Commission Revenue (Wesley Homes Lea Hill Project) Washington Housing Finance Commission Revenue (Wesley Homes Lea Hill Project) Washington Housing Finance Commission Revenue (Wesley Homes Lea Hill Project) Washington Housing Finance Commission Revenue (Wesley Homes Lea Hill Project)

0.580% 5.500% 5.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 4.000% 5.250% 5.250%

11/1/16 7/1/25 7/1/26 9/1/25 6/1/30 4/1/33 4/1/35 4/1/40 12/1/37 12/1/38 12/1/29 6/1/30 6/1/31

5.000% 5.500% 5.000% 5.250%

7/1/39 8/15/18 (Prere.) 3/1/38 5/1/34

3,900 2,500 4,000 3,000 9,000 2,500 6,150 5,000 8,835 9,275 1,785 9,060 5,000

3,900 2,915 4,642 3,450 10,054 2,865 7,025 5,673 10,271 10,756 2,012 9,848 5,524

4,500 10,000 10,000 5,000

5,043 10,819 11,449 5,438

6.750%

7/1/35

820

868

7.000%

7/1/45

2,000

2,135

7.000%

7/1/50

2,000

2,122

5.000%

1/1/36

2,125

2,373

5.000%

1/1/46

3,250

3,604

5.000% 5.000% 5.000% 5.000% 5.000% 5.000%

1/1/51 7/1/31 7/1/36 7/1/41 7/1/46 7/1/51

3,650 1,910 1,000 1,100 2,500 3,800

4,026 2,031 1,057 1,158 2,622 3,955 137,635

West Virginia (0.3%) West Virginia Economic Development Authority Energy Revenue (Morgantown Energy Associates Project) West Virginia Economic Development Authority Solid Waste Facilities Disposal Revenue (Appalachian Power Co. - Amos Project) West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical Center Inc.) West Virginia Hospital Finance Authority Hospital Revenue (United Health System Obligated Group) West Virginia Hospital Finance Authority Hospital Revenue (United Health System Obligated Group) West Virginia Hospital Finance Authority Hospital Revenue (United Health System Obligated Group) West Virginia Hospital Finance Authority Hospital Revenue (Valley Health System Obligated Group) West Virginia Hospital Finance Authority Hospital Revenue (Valley Health System Obligated Group)

2.875%

12/15/26

6,055

5,944

5.375%

12/1/38

2,500

2,799

5.625%

9/1/32

6,000

6,554

5.500%

6/1/19 (Prere.)

400

445

5.375%

6/1/38

5,000

5,782

5.500%

6/1/44

5,000

5,787

5.000%

1/1/44

2,000

2,265

5.000%

1/1/44

2,250

2,520 32,096

Wisconsin (2.5%) Platteville WI Redevelopment Authority Revenue (Platteville Real Estate) Public Finance Authority Wisconsin Revenue (Bancroft Neurohealth Obligated Public Finance Authority Wisconsin Revenue (Bancroft Neurohealth Obligated Public Finance Authority Wisconsin Revenue (Bancroft Neurohealth Obligated Public Finance Authority Wisconsin Revenue (Bancroft Neurohealth Obligated

Group) Group) Group) Group)

300

5.000% 5.000% 5.000% 5.000% 5.125%

7/1/42 6/1/22 6/1/23 6/1/36 6/1/48

3,000 1,425 1,000 1,500 4,500

3,199 1,529 1,072 1,512 4,546

High-Yield Tax-Exempt Fund

5

6

6

University of Wisconsin Hospitals & Clinics Authority Revenue Wisconsin GO Wisconsin GO Wisconsin Health & Educational Facilities Authority Revenue (Agnesian HealthCare Inc.) Wisconsin Health & Educational Facilities Authority Revenue (Aurora Health Care Inc.) Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) Wisconsin Health & Educational Facilities Authority Revenue (Beloit College) Wisconsin Health & Educational Facilities Authority Revenue (Children’s Hospital of Wisconsin Inc.) Wisconsin Health & Educational Facilities Authority Revenue (Gundersen Lutheran) Wisconsin Health & Educational Facilities Authority Revenue (Marquette University) Wisconsin Health & Educational Facilities Authority Revenue (Ministry Health Care Inc.) Wisconsin Health & Educational Facilities Authority Revenue (ProHealth Care Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (ThedaCare Inc. Obligated Group) Wisconsin Health & Educational Facilities Authority Revenue (ThedaCare Inc. Obligated Group) Wisconsin Public Finance Authority Airport Facilities Revenue (AFCO Investors II Portfolio) Wisconsin Public Finance Authority Airport Facilities Revenue (TRIPS Obligated Group) Wisconsin Public Finance Authority Airport Facilities Revenue (TRIPS Obligated Group) Wisconsin Public Finance Authority Airport Facilities Revenue (TRIPS Obligated Group) Wisconsin Public Finance Authority Airport Facilities Revenue (TRIPS Obligated Group) Wisconsin Public Finance Authority Airport Facilities Revenue (TRIPS Obligated Group) Wisconsin Public Finance Authority Airport Facilities Revenue (TRIPS Obligated Group) Wisconsin Public Finance Authority CCRC Revenue (Glenridge on Palmer Ranch Inc. Project) Wisconsin Public Finance Authority Exempt Facilities Revenue (National Gypsum Co.) Wisconsin Public Finance Authority Exempt Facilities Revenue (National Gypsum Co.) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Hospital Revenue (Renown Regional Medical Center) Wisconsin Public Finance Authority Revenue (Celanese Corp.) Wisconsin Public Finance Authority Revenue (Celanese Corp.) Wisconsin Public Finance Authority Revenue (Church Home of Hartford Inc.) Wisconsin Public Finance Authority Revenue (Church Home of Hartford Inc.) Wisconsin Public Finance Authority Student Housing Revenue (Western Carolina University Project)

Coupon

Maturity Date

5.000% 6.250% 6.000% 5.500% 5.625% 5.000% 5.000% 5.000% 5.375% 5.250% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.250% 5.250% 5.000% 5.000% 8.250% 5.250% 4.000% 5.000% 5.000% 5.000% 4.300% 5.000% 5.000%

4/1/26 5/1/19 (Prere.) 5/1/27 7/1/40 4/15/39 7/1/33 7/1/36 7/1/39 8/15/37 10/15/39 10/1/46 8/15/22 (Prere.) 8/15/39 12/15/34 12/15/44 10/1/23 7/1/17 7/1/22 7/1/28 7/1/28 7/1/42 7/1/42 6/1/46 4/1/30 8/1/35 6/1/31 6/1/32 12/1/25 11/1/30 9/1/30 9/1/38

5.250%

7/1/47

Face Amount ($000)

Market Value• ($000)

2,410 20,200 17,000 5,675 10,810 1,105 625 1,550 5,000 6,765 20,425 5,500 20,000 9,300 3,155 7,500 6,100 9,835 12,000 3,050 5,000 4,500 14,500 10,000 7,000 3,000 4,745 5,000 7,210 800 4,050

2,856 22,817 19,008 6,348 11,956 1,255 703 1,734 5,508 7,614 23,697 6,639 22,744 10,814 3,595 7,607 6,259 10,823 13,262 3,394 5,289 4,808 17,843 10,949 7,022 3,513 5,532 5,753 7,423 864 4,289

3,250

3,598 277,374

Total Tax-Exempt Municipal Bonds (Cost $10,537,482)

11,140,291 Shares

Temporary Cash Investment (2.0%) Money Market Fund (2.0%) Vanguard Municipal Cash Management Fund (Cost $231,907)

0.614%

8

Total Investments (101.4%) (Cost $10,769,389)

2,319,072

231,907 11,372,198 Amount ($000)

Other Assets and Liabilities (-1.4%) Other Assets Investment in Vanguard Receivables for Investment Securities Sold Receivables for Accrued Income Receivables for Capital Shares Issued Other Assets

862 21,195 144,388 10,285 1,758

Total Other Assets

178,488

Liabilities Payables for Investment Securities Purchased Payables for Capital Shares Redeemed Payables for Distributions Payables to Vanguard Other Liabilities

(313,232) (7,786) (10,214) (7,965) (105)

Total Liabilities

(339,302)

Net Assets (100%)

11,211,384

301

High-Yield Tax-Exempt Fund

At October 31, 2016, net assets consisted of: Amount ($000) Paid-in Capital Undistributed Net Investment Income Accumulated Net Realized Losses Unrealized Appreciation (Depreciation) Investment Securities Futures Contracts

10,659,742 232 (51,486)

Net Assets

11,211,384

602,809 87

Investor Shares—Net Assets Applicable to 172,642,442 outstanding $.001 par value shares of beneficial interest (unlimited authorization) Net Asset Value Per Share—Investor Shares

1,980,390 $11.47

Admiral Shares—Net Assets Applicable to 804,720,834 outstanding $.001 par value shares of beneficial interest (unlimited authorization) Net Asset Value Per Share—Admiral Shares

9,230,994 $11.47

• See Note A in Notes to Financial Statements. 1 5.000% coupon rate will be effective March 2017. 2 5.000% coupon rate will be effective March 2019. 3 Adjustable-rate security. 4 Security purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of October 31, 2016. 5 Securities with a value of $3,374,000 have been segregated as initial margin for open futures contracts. 6 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 October 31, 2016, the aggregate value of these securities was $347,002,000, representing 3.1% of net assets. 7 Non-income-producing security--security in default. 8 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.

302

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.

303

High-Yield Tax-Exempt Fund

Statement of Operations

Statement of Changes in Net Assets

Year Ended October 31, 2016

Year Ended October 31,

($000) Investment Income

2016 ($000)

2015 ($000)

322,674

Increase (Decrease) in Net Assets

Income

Operations

Interest1

388,178

Net Investment Income

377,181

Total Income

388,178

Realized Net Gain (Loss)

47,334

16,631

Change in Unrealized Appreciation (Depreciation)

158,030

(42,914)

Net Increase (Decrease) in Net Assets Resulting from Operations

582,545

296,391

Expenses The Vanguard Group—Note B Investment Advisory Services

1,105

Management and Administrative— Investor Shares

2,648

Management and Administrative— Admiral Shares Marketing and Distribution— Investor Shares Marketing and Distribution— Admiral Shares Custodian Fees

Distributions Net Investment Income

5,536 461

Investor Shares

(65,480)

(57,478)

Admiral Shares

(311,221)

(264,622)

Investor Shares

—

—

Admiral Shares

—

—

(376,701)

(322,100) 134,686

Realized Capital Gain

841

Total Distributions

107

Capital Share Transactions

36

Investor Shares

329,721

Shareholders’ Reports—Investor Shares

138

Admiral Shares

1,664,700

810,104

Shareholders’ Reports—Admiral Shares

120

Net Increase (Decrease) from Capital Share Transactions

1,994,421

944,790

Total Increase (Decrease)

2,200,265

919,081

9,011,119

8,092,038

11,211,384

9,011,119

Auditing Fees

Trustees’ Fees and Expenses Total Expenses Net Investment Income

5 10,997 377,181

Realized Net Gain (Loss) Investment Securities Sold1 Futures Contracts Realized Net Gain (Loss)

Net Assets Beginning of Period End of Period1

45,888

1 Net Assets—End of Period includes undistributed (overdistributed) net investment income of $232,000 and $188,000.

1,446 47,334

Change in Unrealized Appreciation (Depreciation) Investment Securities Futures Contracts

157,798 232

Change in Unrealized Appreciation (Depreciation)

158,030

Net Increase (Decrease) in Net Assets Resulting from Operations

582,545

1 Interest income and realized net gain (loss) from an affiliated company of the fund were $718,000 and ($5,000), respectively.

See accompanying Notes, which are an integral part of the Financial Statements. 304

High-Yield Tax-Exempt Fund

Financial Highlights Investor Shares For a Share Outstanding Throughout Each Period Net Asset Value, Beginning of Period

Year Ended October 31, 2016

2015

2014

2013

2012

$11.20

$11.23

$10.63

$11.29

$10.53

Investment Operations Net Investment Income

.413

.414

Net Realized and Unrealized Gain (Loss) on Investments

.430

.428

.270

Total from Investment Operations

.683 (.413)

.425

(.030)

.600

(.660)

.760

.384

1.030

(.232)

1.185

(.414)

(.430)

(.428)

(.425)

Distributions Dividends from Net Investment Income Distributions from Realized Capital Gains Total Distributions

— (.413)

— (.414)

— (.430)

— (.428)

— (.425)

Net Asset Value, End of Period

$11.47

$11.20

$11.23

$10.63

$11.29

Total Return1

6.15%

3.47%

9.87%

-2.11%

11.43%

Ratios/Supplemental Data Net Assets, End of Period (Millions)

$1,980

$1,614

$1,484

$1,307

$1,609

Ratio of Total Expenses to Average Net Assets

0.19%

0.20%

0.20%

0.20%

0.20%

Ratio of Net Investment Income to Average Net Assets

3.59%

3.69%

3.94%

3.88%

3.86%

19%

21%

28%

29%

20%

Portfolio Turnover Rate

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 For a Share Outstanding Throughout Each Period Net Asset Value, Beginning of Period

Year Ended October 31, 2016

2015

2014

2013

2012

$11.20

$11.23

$10.63

$11.29

$10.53

Investment Operations Net Investment Income

.425

.423

Net Realized and Unrealized Gain (Loss) on Investments

.438

.436

.270

Total from Investment Operations

.695 (.425)

.434

(.030)

.600

(.660)

.760

.393

1.038

(.224)

1.194

(.423)

(.438)

(.436)

(.434)

Distributions Dividends from Net Investment Income Distributions from Realized Capital Gains Total Distributions

— (.425)

— (.423)

— (.438)

— (.436)

— (.434)

Net Asset Value, End of Period

$11.47

$11.20

$11.23

$10.63

$11.29

Total Return1

6.26%

3.56%

9.96%

-2.04%

11.52%

Net Assets, End of Period (Millions)

$9,231

$7,398

$6,608

$5,621

$6,340

Ratio of Total Expenses to Average Net Assets

0.09%

0.12%

0.12%

0.12%

0.12%

Ratio of Net Investment Income to Average Net Assets

3.69%

3.77%

4.02%

3.96%

3.94%

19%

21%

28%

29%

20%

Ratios/Supplemental Data

Portfolio Turnover Rate

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. 305

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 acquired over 60 days to maturity 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. Other temporary cash investments are valued at amortized cost, which approximates market 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 year ended October 31, 2016, 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 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 October 31, 2016, or at any time during the period then ended. 306

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 October 31, 2016, the fund had contributed to Vanguard capital in the amount of $862,000, representing 0.01% of the fund’s net assets and 0.34% 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 October 31, 2016, based on the inputs used to value them: Level 1 ($000)

Level 2 ($000)

Level 3 ($000)

Tax-Exempt Municipal Bonds

—

11,140,291

—

Temporary Cash Investments

231,907

—

—

192

—

—

(43)

—

—

232,056

11,140,291

—

Investments

Futures Contracts—Assets1 Futures Contracts—Liabilities1 Total 1 Represents variation margin on the last day of the reporting period.

At October 31, 2016, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were: ($000)

Futures Contracts

Expiration

Number of Long (Short) Contracts

Aggregate Settlement Value Long (Short)

Unrealized Appreciation (Depreciation)

10-Year U.S. Treasury Note

December 2016

425

55,091

69

5-Year U.S. Treasury Note

December 2016

434

52,426

12

30-Year U.S. Treasury Bond

December 2016

244

39,703

38

Ultra Long U.S. Treasury Bond

December 2016

(105)

(18,473)

(32) 87

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

307

High-Yield Tax-Exempt Fund

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 used capital loss carryforwards of $45,456,000 to offset taxable capital gains realized during the year ended October 31, 2016. 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 had realized losses totaling $5,633,000 through October 31, 2016, which are deferred for tax purposes and reduce the amount of tax basis unrealized appreciation on investment securities. At October 31, 2016, the cost of investment securities for tax purposes was $10,775,022,000. Net unrealized appreciation of investment securities for tax purposes was $597,176,000, consisting of unrealized gains of $637,296,000 on securities that had risen in value since their purchase and $40,120,000 in unrealized losses on securities that had fallen in value since their purchase. E. During the year ended October 31, 2016, the fund purchased $3,967,205,000 of investment securities and sold $1,858,462,000 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 year ended October 31, 2016, such purchases and sales were $711,435,000 and $553,010,000, respectively; these amounts are included in the purchases and sales of investment securities noted above. F. Capital share transactions for each class of shares were: Year Ended October 31, 2016

2015

Amount ($000)

Shares (000)

Amount ($000)

Shares (000)

803,288

69,735

521,949

46,456

53,930

4,682

47,102

4,195

(527,497)

(45,792)

(434,365)

(38,765)

329,721

28,625

134,686

11,886

2,482,615

215,571

1,750,263

155,866

206,486

17,924

174,394

15,535

Redeemed

(1,024,401)

(89,035)

(1,114,553)

(99,338)

Net Increase (Decrease)—Admiral Shares

1,664,700

144,460

810,104

72,063

Investor Shares Issued Issued in Lieu of Cash Distributions Redeemed Net Increase (Decrease)—Investor Shares Admiral Shares Issued Issued in Lieu of Cash Distributions

G. Management has determined that no material events or transactions occurred subsequent to October 31, 2016, that would require recognition or disclosure in these financial statements.

308

Report of Independent Registered Public Accounting Firm To the Board of Trustees of Vanguard Municipal Bond Funds and the Shareholders of Vanguard Short-Term Tax-Exempt Fund, Vanguard Limited-Term Tax-Exempt Fund, Vanguard Intermediate-Term Tax-Exempt Fund, Vanguard Long-Term Tax-Exempt Fund and Vanguard High-Yield Tax-Exempt Fund: In our opinion, the accompanying statements of net assets and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Vanguard Short-Term Tax-Exempt Fund, Vanguard Limited-Term Tax-Exempt Fund, Vanguard Intermediate-Term Tax-Exempt Fund, Vanguard Long-Term Tax-Exempt Fund and Vanguard High-Yield Tax-Exempt Fund (constituting separate portfolios of Vanguard Municipal Bond Funds, hereafter referred to as the “Funds”) at October 31, 2016, the results of each of their operations for the year then ended, the changes in each of their net assets for each of the two years in the period then ended, and the financial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as “financial statements”) are the responsibility of the Funds’ management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2016 by correspondence with the custodian and brokers and by agreement to the underlying ownership records of the transfer agent, provide a reasonable basis for our opinion.

/s/PricewaterhouseCoopers LLP Philadelphia, Pennsylvania December 15, 2016

309

Special 2016 tax information (unaudited) for Vanguard Short-Term Tax-Exempt Fund This information for the fiscal year ended October 31, 2016, is included pursuant to provisions of the Internal Revenue Code. The fund designates 100% of its income dividends as exempt-interest dividends.

Special 2016 tax information (unaudited) for Vanguard Limited-Term Tax-Exempt Fund This information for the fiscal year ended October 31, 2016, is included pursuant to provisions of the Internal Revenue Code. The fund designates 100% of its income dividends as exempt-interest dividends.

Special 2016 tax information (unaudited) for Vanguard Intermediate-Term Tax-Exempt Fund This information for the fiscal year ended October 31, 2016, is included pursuant to provisions of the Internal Revenue Code. The fund designates 100% of its income dividends as exempt-interest dividends.

Special 2016 tax information (unaudited) for Vanguard Long-Term Tax-Exempt Fund This information for the fiscal year ended October 31, 2016, is included pursuant to provisions of the Internal Revenue Code. The fund distributed $14,776,000 as capital gain dividends (20% rate gain distributions) to shareholders during the fiscal year. The fund designates 100% of its income dividends as exempt-interest dividends.

Special 2016 tax information (unaudited) for Vanguard High-Yield Tax-Exempt Fund This information for the fiscal year ended October 31, 2016, is included pursuant to provisions of the Internal Revenue Code. The fund designates 100% of its income dividends as exempt-interest dividends.

310

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.

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Six Months Ended October 31, 2016 Beginning Account Value 4/30/2016

Ending Account Value 10/31/2016

Expenses Paid During Period1

Investor Shares

$1,000.00

$1,002.64

$0.91

Admiral Shares

1,000.00

1,003.22

0.30

Investor Shares

$1,000.00

$1,002.93

$0.91

Admiral Shares

1,000.00

1,003.52

0.30

Investor Shares

$1,000.00

$1,003.66

$0.91

Admiral Shares

1,000.00

1,004.25

0.30

Investor Shares

$1,000.00

$1,008.06

$0.91

Admiral Shares

1,000.00

1,008.65

0.30

Investor Shares

$1,000.00

$1,015.21

$0.91

Admiral Shares

1,000.00

1,015.81

0.30

Investor Shares

$1,000.00

$1,024.23

$0.92

Admiral Shares

1,000.00

1,024.84

0.31

Investor Shares

$1,000.00

$1,024.23

$0.92

Admiral Shares

1,000.00

1,024.84

0.31

Investor Shares

$1,000.00

$1,024.23

$0.92

Admiral Shares

1,000.00

1,024.84

0.31

Investor Shares

$1,000.00

$1,024.23

$0.92

Admiral Shares

1,000.00

1,024.84

0.31

Investor Shares

$1,000.00

$1,024.23

$0.92

Admiral Shares

1,000.00

1,024.84

0.31

Tax-Exempt Fund Based on Actual Fund Return Short-Term

Limited-Term

Intermediate-Term

Long-Term

High-Yield

Based on Hypothetical 5% Yearly Return Short-Term

Limited-Term

Intermediate-Term

Long-Term

High-Yield

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, 0.18% for Investor Shares and 0.06% for Admiral Shares; for the Limited-Term Tax-Exempt Fund, 0.18% for Investor Shares and 0.06% for Admiral Shares; for the Intermediate-Term Tax-Exempt Fund, 0.18% for Investor Shares and 0.06% for Admiral Shares; for the Long-Term Tax-Exempt Fund, 0.18% for Investor Shares and 0.06% for Admiral Shares; and for the High-Yield Tax-Exempt Fund, 0.18% for Investor Shares and 0.06% 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 (184/366). 312

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.

313

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 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 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. © 2016 Barclays. Used with Permission. Source: Barclays Global Family of Indices. Copyright 2016, Barclays. All rights reserved.

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. 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 Tyco International plc (diversified manufacturing and services), 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 Chief Global Diversity Officer (retired 2008) and

The independent board members have distinguished backgrounds in business, academia, and public service. Each of the trustees and executive officers oversees 198 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.

Member of the Executive Committee (1997–2008) 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), and of Oxfam America; Director of SKF AB (industrial machinery), Hyster-Yale Materials Handling, Inc. (forklift trucks), the Lumina Foundation for Education, and the V Foundation for Cancer Research; Member of the Advisory Council for the College of Arts and Letters and 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). 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 Managing Partner of HighVista Strategies LLC (private investment firm); Director of Rand Merchant Bank; 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 Advisory Board of the Norris Cotton Cancer Center.

Executive Officers Glenn Booraem Born 1967. Treasurer Since May 2015. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Treasurer of each of the investment companies served by The Vanguard Group; Controller of each of the investment companies served by The Vanguard Group (2010–2015); Assistant Controller of each of the investment companies served by The Vanguard Group (2001–2010). 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: Head of Global Fund Accounting at 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).

Vanguard Senior Management Team Mortimer J. Buckley Kathleen C. Gubanich Martha G. King John T. Marcante Chris D. McIsaac

James M. Norris Thomas M. Rampulla Glenn W. Reed Karin A. Risi Michael Rollings

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®

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Fund Information > 800-662-7447 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. CFA® is a registered trademark owned by CFA Institute.

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 [email protected] or via regular mail addressed to the Public Reference Section, Securities and Exchange Commission, Washington, DC 20549 -1520.

© 2016 The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corporation, Distributor. Q950 122016