• Ticker:- HYD;true;LMEHTR;
  • Ticker Group:- ETFFI_MI;false;;
  • Making News

    InvestmentNews: Muni Bond Fund Rebound Appears to Have Legs


    3/13/14: InvestmentNews’ Carol O’Donnell suggests that municipal bonds may be worthwhile for investors to examine despite poor performance during 2013. According to James Colby, municipal bond supply is normalizing and “The question is whether demand is healthy enough to absorb these additional sales without a drop in price.”

    View article » 



    The WSJ: Detroit Rattles Muni Market


    8/07/13: In light of Detroit’s recent default, The Wall Street Journal considers the wider implications of replacing older bonds with new ones that have different terms, as the city’s emergency manager suggests doing. James Colby opines, “You really break the foundation of debt markets if municipalities can freely restructure their obligations.”

    View article » 



    ETF Trends: Sell-Off in Municipal Bond ETFs May be Overdone


    6/18/13: Tom Lydon considers the shift some investors have made away from municipal bond ETFs due to anxiety about higher interest rates. It may be an “overreaction,” he writes. Lydon suggests investing in SMB and consults James Colby, who contends that “muni bonds offer attractive taxable equivalent yields.”

    View article » 



    WSJ: Should You Buy Taxable Muni Bonds?


    06/05/13: According to The Wall Street Journal, institutional investors and mutual funds that can’t capitalize on tax breaks are buying taxable munis, but MV’s James Colby says, “I don’t doubt for a moment that some of these bonds are finding their way into individual accounts.”

    View article » 



  • How to Purchase

Individual Investors

Subscribe to email updates

Subscribe now

Financial Professionals

Subscribe to email updates, or password protected financial professional-only content
email address/username
password

High-Yield Municipal Index ETF HYD

  • Full Name: Market Vectors®
    High-Yield Municipal Index ETF (HYD®)

    Management Style: Sampling

    Underlying Index: The Barclays Municipal Custom High Yield Composite Index (LMEHTR)

    Index Description: LMEHTR is calculated using a market value weighting methodology and it tracks the high-yield municipal bond market with a 75% weight in non-investment grade municipal bonds and a 25% weight in Baa/BBB-rated investment grade municipal bonds for liquidity and balance.

  •  
     

    • Fund Ticker

      HYD
    • Exchange

      NYSE Arca
    • Index Total Return Ticker

      LMEHTR
    • Index Provider

      Barclays
    • Total Net Assets

      $927.5M
    • Shares Outstanding

      31,300,000
    • Number of Holdings

      523
    • Commencement Date

      02/04/2009
  •  
    as of 04/17/14

    • 30-Day SEC Yield1

      5.55%
    • Distribution Frequency

      Monthly
    • Gross Expense Ratio2

      0.35%
    • Net Expense Ratio2

      0.35%
    • Options

      Available
    • Preliminary NAIC Designation7

      4
    • Management Team »
    • HYD Fact Sheet »

    1, 2, 7 See Important Disclosure

  • Portfolio Composition (%)
    as of 04/17/14

    • % of Net Assets

    • Stocks

      0.00
    • Bonds

      97.62
    • Other

      0.00
    • Cash

      2.38
    • Total

      100.00
  • Download All Fund Holdings » All Holdings (%) as of 04/17/14

    Total Holdings: 523
    Holding Name
    Coupon
    Maturity
    Composite
    Rating
    State
    Currency
    % of Net
    Assets
    Overland Park Development Corp
    5.125
    01/01/2032
    BB
    KS
    USD
    1.84
    Sanger Industrial Development Corp
    8.000
    07/01/2038
    NR
    TX
    USD
    1.15
    South Carolina Jobs-Economic Developmen
    5.250
    11/01/2036
    NR
    SC
    USD
    0.96
    Buckeye Tobacco Settlement Financing Au
    5.125
    06/01/2024
    B-
    OH
    USD
    0.92
    New Jersey Economic Development Authori
    6.625
    01/01/2037
    NR
    NJ
    USD
    0.90
    Illinois Finance Authority
    8.000
    05/15/2046
    NR
    IL
    USD
    0.78
    California Pollution Control Financing
    5.000
    07/01/2037
    BBB-
    CA
    USD
    0.66
    Tobacco Settlement Financing Corp/Nj
    5.000
    06/01/2029
    B-
    NJ
    USD
    0.65
    County Of Jefferson Al Sewer Revenue
    6.500
    10/01/2053
    BB+
    AL
    USD
    0.63
    Puerto Rico Commonwealth Aqueduct & Sew
    6.000
    07/01/2047
    BB+
    PR
    USD
    0.60
    City Of Sioux Falls Sd
    5.000
    11/15/2033
    NR
    SD
    USD
    0.60
    Washington State Housing Finan
    5.625
    01/01/2038
    NR
    WA
    USD
    0.59
    New York City Industrial Devel Agency
    5.250
    12/01/2032
    B+
    NY
    USD
    0.59
    Kentucky Public Transportation Infrastr
    5.750
    07/01/2049
    BBB-
    KY
    USD
    0.59
    Salt Verde Financial Corp
    5.000
    12/01/2037
    BBB+
    AZ
    USD
    0.59
    Tobacco Settlement Financing Corp/Nj
    4.625
    06/01/2026
    B
    NJ
    USD
    0.56
    Route 460 Funding Corp
    5.125
    07/01/2049
    VA
    USD
    0.56
    New York City Industrial Devel Agency
    7.625
    12/01/2032
    B+
    NY
    USD
    0.56
    City Of Philippi Wv
    7.750
    10/01/2044
    NR
    WV
    USD
    0.55
    Tobacco Settlement Financing Corp/Va
    5.000
    06/01/2047
    B-
    VA
    USD
    0.55
    State Of Ohio
    5.600
    08/01/2032
    CCC
    OH
    USD
    0.55
    Downtown Phoenix Hotel Corp
    5.000
    07/01/2040
    BB+
    AZ
    USD
    0.54
    Tobacco Settlement Financing Corp/Nj
    4.500
    06/01/2023
    B
    NJ
    USD
    0.53
    Downtown Phoenix Hotel Corp
    5.000
    07/01/2036
    BB+
    AZ
    USD
    0.53
    California Housing Finance Agency
    4.950
    08/01/2023
    BBB+
    CA
    USD
    0.53
    Niagara Area Development Corp
    5.250
    11/01/2042
    BB-
    NY
    USD
    0.53
    Tsasc Inc/Ny
    5.125
    06/01/2042
    B-
    NY
    USD
    0.52
    Chautauqua County Industrial Developmen
    5.875
    02/01/2042
    BB+
    NY
    USD
    0.52
    County Of Otero Nm
    6.000
    04/01/2028
    NR
    NM
    USD
    0.50
    Tx Prv Activity Bond Surface Trsprt Crp
    7.000
    06/30/2040
    BBB-
    TX
    USD
    0.50
    Public Finance Authority
    5.000
    07/01/2042
    NR
    WI
    USD
    0.49
    City Of Burlington Vt Airport Revenue
    4.000
    07/01/2028
    BB+
    VT
    USD
    0.48
    Iowa Tobacco Settlement Authority
    5.500
    06/01/2042
    B
    IA
    USD
    0.48
    San Joaquin Hills Transportation Corrid
    5.500
    01/15/2028
    BB-
    CA
    USD
    0.47
    Greater Orlando Aviation Authority
    5.000
    11/15/2036
    NR
    FL
    USD
    0.47
    State Of Ohio
    6.250
    09/01/2024
    NR
    OH
    USD
    0.47
    Florida Development Finance Corp
    7.625
    06/15/2041
    NR
    FL
    USD
    0.46
    New Jersey Economic Development Authori
    5.750
    09/15/2027
    B
    NJ
    USD
    0.45
    City Of San Buenaventura Ca
    7.500
    12/01/2041
    BB
    CA
    USD
    0.45
    Michigan Strategic Fund
    7.500
    01/01/2021
    NR
    MI
    USD
    0.45
    Tsasc Inc/Ny
    5.000
    06/01/2034
    B
    NY
    USD
    0.45
    New Jersey Economic Development Authori
    4.875
    09/15/2019
    B
    NJ
    USD
    0.45
    Lee County Industrial Developm
    5.750
    06/15/2042
    NR
    FL
    USD
    0.45
    Lee County Industrial Developm
    5.250
    06/15/2027
    NR
    FL
    USD
    0.44
    Southeastern Ohio Port Authority
    6.000
    12/01/2042
    NR
    OH
    USD
    0.43
    Washington State Housing Finan
    5.625
    01/01/2027
    NR
    WA
    USD
    0.43
    City Of Houston Tx Airport System Reven
    6.500
    07/15/2030
    B
    TX
    USD
    0.42
    Arizona Health Facilities Authority
    5.200
    10/01/2037
    NR
    AZ
    USD
    0.41
    Indiana Finance Authority
    5.250
    01/01/2051
    BBB
    IN
    USD
    0.41
    Buckeye Tobacco Settlement Financing Au
    6.000
    06/01/2042
    B
    OH
    USD
    0.41
    Capital Trust Agency Inc
    7.375
    01/01/2048
    NR
    FL
    USD
    0.40
    District Of Columbia
    5.000
    10/01/2045
    NR
    DC
    USD
    0.40
    State Of Ohio
    5.750
    04/01/2035
    BBB-
    OH
    USD
    0.39
    County Of Pleasants Wv
    5.250
    10/15/2037
    BBB-
    WV
    USD
    0.38
    South Carolina Jobs-Economic Developmen
    5.500
    05/01/2028
    NR
    SC
    USD
    0.38
    Lee County Industrial Developm
    5.375
    06/15/2037
    NR
    FL
    USD
    0.38
    City Of Detroit Mi Water Supply System
    5.750
    07/01/2037
    B+
    MI
    USD
    0.38
    Massachusetts Development Finance Agenc
    4.875
    11/01/2042
    BB
    MA
    USD
    0.38
    Rhode Island Health & Educational Build
    8.375
    01/01/2046
    NR
    RI
    USD
    0.37
    Nebraska Educational Finance Authority
    5.000
    10/01/2037
    NR
    NE
    USD
    0.37
    City Of Farmington Nm
    6.250
    06/01/2040
    BBB-
    NM
    USD
    0.37
    County Of Ohio Ky
    6.000
    07/15/2031
    BB-
    KY
    USD
    0.37
    St Paul Housing & Redevelopment Auth
    5.000
    05/01/2033
    NR
    MN
    USD
    0.36
    Alabama Industrial Development Authorit
    6.450
    12/01/2023
    NR
    AL
    USD
    0.36
    Territory Of Guam
    7.000
    11/15/2039
    NR
    GU
    USD
    0.36
    Salt Verde Financial Corp
    5.000
    12/01/2032
    BBB+
    AZ
    USD
    0.36
    Virginia Small Business Financing Autho
    6.000
    01/01/2037
    BBB-
    VA
    USD
    0.35
    Pima County Industrial Development Auth
    5.625
    07/01/2038
    NR
    AZ
    USD
    0.35
    New Jersey Health Care Facilities Finan
    6.250
    07/01/2035
    BB+
    NJ
    USD
    0.35
    Love Field Airport Modernization Corp
    5.000
    11/01/2028
    BBB-
    TX
    USD
    0.35
    California County Tobacco Securitizatio
    5.000
    06/01/2047
    NR
    CA
    USD
    0.35
    City & County Of Denver Co
    5.250
    10/01/2032
    NR
    CO
    USD
    0.35
    City Of Carmel In
    7.125
    11/15/2047
    NR
    IN
    USD
    0.35
    Jefferson County Industrial Development
    8.250
    07/01/2032
    NR
    TX
    USD
    0.34
    Travis County Health Facilities Develop
    7.000
    01/01/2032
    NR
    TX
    USD
    0.34
    City Of Cleveland Oh Airport System Rev
    5.000
    01/01/2026
    OH
    USD
    0.34
    California Statewide Communiti
    5.250
    07/01/2035
    NR
    CA
    USD
    0.34
    City Of Tavares Fl
    8.750
    07/01/2046
    NR
    FL
    USD
    0.34
    Illinois Finance Authority
    8.250
    02/15/2046
    NR
    IL
    USD
    0.34
    Lorain County Port Authority
    6.750
    12/01/2040
    B+
    OH
    USD
    0.33
    South Carolina Jobs-Economic Developmen
    5.625
    05/01/2042
    NR
    SC
    USD
    0.33
    City Of Harvey Il
    5.625
    12/01/2032
    NR
    IL
    USD
    0.33
    Texas Municipal Gas Acquisition & Suppl
    6.250
    12/15/2026
    BBB+
    TX
    USD
    0.33
    City Of Charlotte Nc
    5.600
    07/01/2027
    NR
    NC
    USD
    0.33
    Hesperia Public Financing Authority
    5.000
    09/01/2031
    NR
    CA
    USD
    0.33
    Rogers School District No 30
    3.000
    02/01/2026
    AR
    USD
    0.33
    Hillsborough County Industrial Developm
    7.125
    04/01/2030
    NR
    FL
    USD
    0.32
    Allentown Neighborhood Improvement Zone
    5.000
    05/01/2042
    NR
    PA
    USD
    0.32
    Guam Government Waterworks Authority
    5.875
    07/01/2035
    BBB-
    GU
    USD
    0.32
    Illinois Finance Authority
    5.500
    08/01/2037
    BBB
    IL
    USD
    0.32
    California Statewide Communiti
    5.125
    07/15/2031
    NR
    CA
    USD
    0.32
    Public Finance Authority
    8.250
    06/01/2046
    NR
    WI
    USD
    0.32
    County Of Frederick Md
    5.500
    07/01/2040
    NR
    MD
    USD
    0.32
    Onondaga Civic Development Corp
    5.000
    07/01/2042
    BB
    NY
    USD
    0.32
    Washington State Housing Finan
    6.750
    10/01/2047
    NR
    WA
    USD
    0.32
    City Of Chicago Il
    5.250
    01/01/2030
    A-
    IL
    USD
    0.32
    Port Of Seattle Industrial Development
    5.000
    04/01/2030
    B+
    WA
    USD
    0.31
    Vigo County Hospital Authority
    5.750
    09/01/2042
    NR
    IN
    USD
    0.31
    Guam Department Of Education
    6.875
    12/01/2040
    NR
    GU
    USD
    0.31
    Harrisburg Authority
    6.000
    09/01/2036
    NR
    PA
    USD
    0.31
    City Of Chesapeake Va Chesapeake Expres
    5.000
    07/15/2047
    BBB
    VA
    USD
    0.30
    Onondaga Civic Development Corp
    4.500
    07/01/2032
    BB
    NY
    USD
    0.30
    Gaston County Industrial Facilities & P
    5.750
    08/01/2035
    NR
    NC
    USD
    0.30
    Flint Hospital Building Authority
    4.750
    07/01/2028
    BB+
    MI
    USD
    0.30
    Iowa Finance Authority
    4.750
    08/01/2042
    BB+
    IA
    USD
    0.30
    Orange County Health Facilities Authori
    5.500
    07/01/2038
    NR
    FL
    USD
    0.29
    Foothill-Eastern Transportation Corrido
    6.000
    01/15/2049
    BB+
    CA
    USD
    0.29
    Shelby County Health Educational & Hous
    5.500
    09/01/2047
    NR
    TN
    USD
    0.29
    Puerto Rico Electric Power Authority
    5.000
    07/01/2042
    BBB-
    PR
    USD
    0.29
    City Of Wayzata Mn
    6.000
    05/01/2047
    NR
    MN
    USD
    0.29
    Kent Hospital Finance Authority
    5.250
    07/01/2030
    NR
    MI
    USD
    0.28
    Tobacco Settlement Financing Corp/Nj
    5.000
    06/01/2041
    B-
    NJ
    USD
    0.28
    St Paul Housing & Redevelopment Auth
    6.000
    11/15/2030
    BB+
    MN
    USD
    0.28
    Louisiana Local Government Env
    6.500
    11/01/2035
    BBB-
    LA
    USD
    0.28
    Kansas City Industrial Development Auth
    6.500
    01/01/2035
    NR
    MO
    USD
    0.28
    Hesperia Public Financing Authority
    5.500
    09/01/2027
    NR
    CA
    USD
    0.28
    Indiana Finance Authority
    5.500
    08/15/2040
    BBB
    IN
    USD
    0.28
    Kuakini Health System
    6.300
    07/01/2022
    NA
    HI
    USD
    0.28
    Michigan Tobacco Settlement Finance Aut
    6.000
    06/01/2034
    NR
    MI
    USD
    0.28
    Iowa Tobacco Settlement Authority
    5.375
    06/01/2038
    B
    IA
    USD
    0.27
    Travis County Health Facilities Develop
    7.125
    01/01/2046
    NR
    TX
    USD
    0.27
    Illinois Finance Authority
    5.125
    05/15/2043
    NR
    IL
    USD
    0.27
    Central Texas Regional Mobility Authori
    6.250
    01/01/2046
    BBB-
    TX
    USD
    0.27
    County Of Lucas Oh
    6.625
    11/01/2035
    NR
    OH
    USD
    0.27
    County Of Otero Nm
    6.000
    04/01/2023
    NR
    NM
    USD
    0.27
    City Of Overland Park Ks
    6.000
    12/15/2032
    NR
    KS
    USD
    0.27
    Shelby County Health Educational & Hous
    5.375
    12/01/2047
    NR
    TN
    USD
    0.27
    Salida Hospital District
    5.250
    10/01/2036
    NR
    CO
    USD
    0.26
    California Statewide Communiti
    5.250
    07/01/2030
    NR
    CA
    USD
    0.26
    Maine Health & Higher Educational Facil
    6.750
    07/01/2041
    BB+
    ME
    USD
    0.26
    Kansas City Industrial Development Auth
    6.250
    01/01/2024
    NR
    MO
    USD
    0.26
    City Of Baltimore Md
    5.250
    09/01/2039
    BB+
    MD
    USD
    0.25
    City Of Wayzata Mn
    5.750
    11/01/2039
    NR
    MN
    USD
    0.25
    Alabama Industrial Development Authorit
    6.450
    12/01/2023
    NR
    AL
    USD
    0.25
    Philadelphia Authority For Industrial D
    8.200
    12/01/2043
    NR
    PA
    USD
    0.24
    Foothill-Eastern Transportation Corrido
    5.500
    01/15/2053
    BB+
    CA
    USD
    0.24
    New Jersey Economic Development Authori
    5.500
    04/01/2028
    B
    NJ
    USD
    0.24
    New York State Dormitory Authority
    5.000
    09/01/2022
    BB+
    NY
    USD
    0.24
    Illinois Finance Authority
    6.000
    08/15/2038
    BBB+
    IL
    USD
    0.24
    New York State Dormitory Authority
    5.000
    07/01/2041
    NR
    NY
    USD
    0.24
    Kentucky Economic Development Finance A
    6.375
    03/01/2040
    BBB
    KY
    USD
    0.24
    Commonwealth Of Puerto Rico
    8.000
    07/01/2035
    BB
    PR
    USD
    0.24
    County Of Lake Fl
    7.125
    11/01/2042
    NR
    FL
    USD
    0.24
    Dekalb County Hospital Authority/Ga
    6.125
    09/01/2040
    NR
    GA
    USD
    0.24
    Kentucky Economic Development Finance A
    6.000
    06/01/2030
    BBB
    KY
    USD
    0.24
    Illinois Finance Authority
    6.500
    10/15/2040
    CCC
    IL
    USD
    0.24
    Buckeye Tobacco Settlement Financing Au
    5.875
    06/01/2030
    B-
    OH
    USD
    0.23
    Martin County Health Facilities Authori
    5.500
    11/15/2042
    BBB
    FL
    USD
    0.23
    Red River Authority
    6.700
    11/01/2030
    B+
    TX
    USD
    0.23
    Kingfisher Hospital Authority
    6.500
    12/01/2042
    NR
    OK
    USD
    0.23
    Virginia Small Business Financing Autho
    5.500
    01/01/2042
    BBB-
    VA
    USD
    0.23
    New Jersey Health Care Facilities Finan
    6.625
    07/01/2038
    BB+
    NJ
    USD
    0.23
    Maine Health & Higher Educational Facil
    5.000
    07/01/2033
    BBB
    ME
    USD
    0.23
    Illinois Finance Authority
    6.500
    04/01/2039
    BBB-
    IL
    USD
    0.22
    Iowa Finance Authority
    5.500
    12/01/2022
    BB-
    IA
    USD
    0.22
    Indiana Finance Authority
    6.000
    12/01/2019
    B+
    IN
    USD
    0.22
    Port Of Bay City Authority
    6.500
    05/01/2026
    B+
    TX
    USD
    0.22
    New York Liberty Development Corp
    5.000
    03/15/2044
    BBB
    NY
    USD
    0.22
    City Of Houston Tx Airport System Reven
    6.750
    07/01/2029
    B
    TX
    USD
    0.22
    Indiana Finance Authority
    5.000
    06/01/2032
    BBB-
    IN
    USD
    0.22
    Westchester Tobacco Asset Securitizatio
    5.125
    06/01/2045
    BB
    NY
    USD
    0.22
    Massachusetts Health & Educational Faci
    5.500
    07/01/2040
    NR
    MA
    USD
    0.22
    Puerto Rico Electric Power Authority
    5.250
    07/01/2029
    BBB+
    PR
    USD
    0.22
    West Virginia Hospital Finance Authorit
    6.750
    10/01/2043
    NR
    WV
    USD
    0.22
    City & County Of Denver Co
    5.750
    10/01/2032
    B
    CO
    USD
    0.22
    Town Of Rumford Me
    6.875
    10/01/2026
    NR
    ME
    USD
    0.22
    Kentucky Economic Development Finance A
    5.375
    11/15/2032
    NR
    KY
    USD
    0.22
    Southeastern Ohio Port Authority
    5.750
    12/01/2032
    NR
    OH
    USD
    0.22
    County Of Cook Il
    6.500
    10/15/2040
    CCC
    IL
    USD
    0.22
    West Virginia Hospital Finance Authorit
    6.500
    10/01/2038
    NR
    WV
    USD
    0.22
    West Virginia Hospital Finance Authorit
    9.125
    10/01/2041
    NR
    WV
    USD
    0.21
    Shelby County Health Educational & Hous
    5.250
    12/01/2042
    NR
    TN
    USD
    0.21
    New York City Industrial Devel Agency
    5.000
    12/01/2028
    NR
    NY
    USD
    0.21
    Fairfax County Economic Development Aut
    5.000
    12/01/2047
    NR
    VA
    USD
    0.21
    Vigo County Hospital Authority
    5.700
    09/01/2037
    NR
    IN
    USD
    0.21
    Michigan Tobacco Settlement Finance Aut
    6.875
    06/01/2042
    B+
    MI
    USD
    0.21
    City Of Callaway Fl
    5.250
    08/01/2032
    NR
    FL
    USD
    0.21
    City Of Manhattan Ks
    5.000
    05/15/2036
    NR
    KS
    USD
    0.20
    Pennsylvania Economic Development Finan
    6.000
    06/01/2031
    CCC
    PA
    USD
    0.20
    County Of Howard Md
    5.250
    04/01/2027
    NR
    MD
    USD
    0.20
    County Of Hamilton Oh
    5.000
    06/01/2042
    BBB+
    OH
    USD
    0.20
    County Of Ohio Wv
    5.625
    03/01/2036
    NR
    WV
    USD
    0.20
    Golden State Tobacco Securitization Cor
    4.500
    06/01/2027
    B-
    CA
    USD
    0.20
    Puerto Rico Electric Power Authority
    5.250
    07/01/2033
    BB+
    PR
    USD
    0.20
    Wisconsin Health & Educational Faciliti
    5.125
    08/15/2030
    BBB+
    WI
    USD
    0.19
    New York City Industrial Devel Agency
    4.750
    01/01/2042
    BB
    NY
    USD
    0.19
    Alachua County Health Facilities Author
    8.000
    11/15/2031
    NR
    FL
    USD
    0.19
    Sylacauga Health Care Authority
    6.000
    08/01/2035
    NR
    AL
    USD
    0.19
    Southwestern Illinois Development Autho
    5.750
    08/01/2042
    B+
    IL
    USD
    0.19
    County Of Muskingum Oh
    5.000
    02/15/2033
    BB+
    OH
    USD
    0.19
    Virginia Small Business Financing Autho
    5.000
    01/01/2040
    BBB-
    VA
    USD
    0.19
    Northern Tobacco Securitization Corp
    5.000
    06/01/2032
    B
    AK
    USD
    0.19
    Puerto Rico Electric Power Authority
    5.050
    07/01/2042
    BBB-
    PR
    USD
    0.19
    Alachua County Health Facilities Author
    8.000
    10/01/2042
    NR
    FL
    USD
    0.19
    Harbor Point Infrastructure Improvement
    7.875
    04/01/2039
    NR
    CT
    USD
    0.18
    Sarasota County Health Facilities Autho
    5.750
    07/01/2037
    NR
    FL
    USD
    0.18
    Delaware State Economic Development Aut
    5.375
    10/01/2045
    NR
    DE
    USD
    0.18
    County Of Franklin Oh
    5.625
    07/01/2047
    NR
    OH
    USD
    0.18
    County Of Muskingum Oh
    5.000
    02/15/2044
    BB+
    OH
    USD
    0.18
    Lakeshore Villages Master Community Dev
    5.250
    07/01/2017
    NR
    LA
    USD
    0.18
    District Of Columbia
    6.250
    10/01/2032
    BBB+
    DC
    USD
    0.18
    Illinois Finance Authority
    8.000
    05/15/2040
    NR
    IL
    USD
    0.18
    Golden State Tobacco Securitization Cor
    5.125
    06/01/2047
    B-
    CA
    USD
    0.18
    Mosaic District Community Development A
    6.625
    03/01/2026
    NR
    VA
    USD
    0.17
    City Of Carmel In
    7.125
    11/15/2042
    NR
    IN
    USD
    0.17
    County Of Alachua Fl
    5.875
    11/15/2036
    NR
    FL
    USD
    0.17
    Louisiana Public Facilities Authority
    5.250
    05/15/2038
    BBB+
    LA
    USD
    0.17
    Texas Municipal Gas Acquisition & Suppl
    5.000
    12/15/2029
    BBB+
    TX
    USD
    0.17
    Lancaster County Hospital Authority/Pa
    6.500
    07/01/2040
    NR
    PA
    USD
    0.17
    Puerto Rico Electric Power Authority
    5.250
    07/01/2025
    BBB-
    PR
    USD
    0.17
    Tarrant County Cultural Education Facil
    6.000
    11/15/2036
    NR
    TX
    USD
    0.17
    County Of Alachua Fl
    5.875
    11/15/2042
    NR
    FL
    USD
    0.17
    Puerto Rico Infrastructure Financing Au
    5.000
    07/01/2046
    BBB
    PR
    USD
    0.17
    Washington State Housing Finan
    5.250
    01/01/2017
    NR
    WA
    USD
    0.17
    Colorado Health Facilities Authority
    7.000
    06/01/2042
    NR
    CO
    USD
    0.17
    Louisiana Public Facilities Authority
    6.375
    12/01/2034
    NR
    LA
    USD
    0.17
    Midtown Miami Community Development Dis
    6.250
    05/01/2037
    NR
    FL
    USD
    0.17
    Indiana Finance Authority
    5.125
    08/15/2027
    BBB
    IN
    USD
    0.17
    California Municipal Finance Authority
    6.000
    07/01/2042
    CA
    USD
    0.17
    Fairfax County Economic Development Aut
    5.125
    10/01/2042
    NR
    VA
    USD
    0.17
    Kent Hospital Finance Authority
    6.000
    07/01/2035
    NR
    MI
    USD
    0.17
    New Jersey Economic Development Authori
    10.500
    06/01/2032
    NR
    NJ
    USD
    0.17
    Iowa Finance Authority
    5.250
    12/01/2025
    BB-
    IA
    USD
    0.16
    University Medical Center Corp
    5.000
    07/01/2035
    BBB+
    AZ
    USD
    0.16
    West Virginia Hospital Finance Authorit
    6.500
    10/01/2028
    NR
    WV
    USD
    0.16
    Indiana Finance Authority
    5.000
    06/01/2039
    BBB-
    IN
    USD
    0.16
    Colorado Health Facilities Authority
    4.000
    12/01/2026
    BBB
    CO
    USD
    0.16
    Kentwood Economic Development Corp
    5.625
    11/15/2041
    NR
    MI
    USD
    0.16
    California Statewide Communiti
    7.250
    10/01/2038
    NR
    CA
    USD
    0.16
    Colbert County-Northwest Alabama Health
    5.750
    06/01/2027
    NR
    AL
    USD
    0.16
    Plaza Metropolitan District No 1
    5.000
    12/01/2040
    NR
    CO
    USD
    0.16
    Erie County Industrial Development Agen
    6.000
    11/15/2036
    NR
    NY
    USD
    0.16
    Albermarle County Economic Development
    5.000
    01/01/2042
    NR
    VA
    USD
    0.16
    Sylacauga Health Care Authority
    6.000
    08/01/2025
    NR
    AL
    USD
    0.16
    Greater Orlando Aviation Authority
    5.000
    11/15/2026
    NR
    FL
    USD
    0.16
    Kentucky Economic Development Finance A
    6.375
    06/01/2040
    BBB
    KY
    USD
    0.16
    North Carolina Medical Care Commission
    6.000
    01/01/2039
    NR
    NC
    USD
    0.16
    Pima County Industrial Development Auth
    5.250
    10/01/2040
    BBB
    AZ
    USD
    0.16
    Northern Tobacco Securitization Corp
    5.000
    06/01/2046
    B
    AK
    USD
    0.16
    Oklahoma County Finance Authority
    5.125
    04/01/2042
    NR
    OK
    USD
    0.16
    New Jersey Economic Development Authori
    5.125
    01/01/2034
    BBB-
    NJ
    USD
    0.16
    Colorado Health Facilities Authority
    5.300
    07/01/2037
    NR
    CO
    USD
    0.15
    Hanover County Economic Development Aut
    5.000
    07/01/2042
    NR
    VA
    USD
    0.15
    Westchester Tobacco Asset Securitizatio
    5.125
    06/01/2038
    BB+
    NY
    USD
    0.15
    Illinois Finance Authority
    5.250
    05/15/2047
    NR
    IL
    USD
    0.15
    Connecticut Resources Recovery Authorit
    6.450
    11/15/2022
    NR
    CT
    USD
    0.15
    Hanover County Economic Development Aut
    5.000
    07/01/2047
    NR
    VA
    USD
    0.15
    E-470 Public Highway Authority
    0.000
    09/01/2037
    BBB+
    CO
    USD
    0.14
    Indiana Health Facility Financing Autho
    5.500
    09/15/2031
    BBB
    IN
    USD
    0.14
    Territory Of Guam
    5.625
    12/01/2029
    NR
    GU
    USD
    0.14
    City Of Sioux Falls Sd
    5.000
    11/15/2021
    NR
    SD
    USD
    0.14
    Michigan Tobacco Settlement Finance Aut
    5.125
    06/01/2022
    NR
    MI
    USD
    0.14
    Illinois Finance Authority
    7.000
    05/15/2018
    NR
    IL
    USD
    0.14
    Maine Health & Higher Educational Facil
    6.000
    07/01/2026
    BB+
    ME
    USD
    0.14
    Westchester County Local Development Co
    5.500
    05/01/2042
    NR
    NY
    USD
    0.14
    Virgin Islands Public Finance Authority
    5.250
    10/01/2029
    BBB-
    VI
    USD
    0.14
    North Texas Tollway Authority
    5.750
    01/01/2038
    TX
    USD
    0.14
    Metropolitan Washington Airports Author
    0.000
    10/01/2044
    BBB+
    DC
    USD
    0.13
    Michigan Finance Authority
    7.375
    10/01/2020
    NR
    MI
    USD
    0.13
    North Carolina Medical Care Commission
    5.000
    03/01/2042
    NR
    NC
    USD
    0.13
    Midtown Miami Community Development Dis
    6.500
    05/01/2037
    NR
    FL
    USD
    0.13
    Suffolk County Industrial Development A
    4.750
    06/01/2026
    NR
    NY
    USD
    0.13
    Orange County Health Facilities Authori
    5.500
    07/01/2032
    NR
    FL
    USD
    0.13
    Allegheny County Industrial Development
    5.750
    08/01/2042
    B+
    PA
    USD
    0.13
    Puerto Rico Public Buildings Authority
    6.000
    07/01/2041
    BBB-
    PR
    USD
    0.13
    California Statewide Communiti
    7.250
    10/01/2032
    NR
    CA
    USD
    0.13
    Suffolk County Industrial Development A
    7.625
    01/01/2030
    NR
    NY
    USD
    0.13
    Puerto Rico Public Finance Corp
    5.500
    08/01/2031
    BB+
    PR
    USD
    0.13
    Alachua County Health Facilities Author
    8.125
    11/15/2041
    NR
    FL
    USD
    0.13
    New Jersey Economic Development Authori
    5.250
    09/15/2029
    B
    NJ
    USD
    0.13
    California Pollution Control Financing
    5.000
    11/21/2045
    BBB-
    CA
    USD
    0.12
    Puerto Rico Highway & Transportation Au
    5.500
    07/01/2024
    BB
    PR
    USD
    0.12
    Illinois Finance Authority
    8.125
    05/15/2040
    NR
    IL
    USD
    0.12
    Puerto Rico Commonwealth Aqueduct & Sew
    5.250
    07/01/2042
    BB+
    PR
    USD
    0.12
    Mosaic District Community Development A
    6.875
    03/01/2036
    NR
    VA
    USD
    0.12
    Orange County Health Facilities Authori
    5.700
    07/01/2026
    NR
    FL
    USD
    0.12
    Puerto Rico Public Buildings Authority
    5.250
    07/01/2033
    BBB-
    PR
    USD
    0.12
    Allegheny County Industrial Development
    6.750
    12/01/2027
    B+
    PA
    USD
    0.12
    Red River Health Facilities Development
    7.000
    12/15/2032
    NR
    TX
    USD
    0.12
    Territory Of Guam
    6.750
    11/15/2029
    NR
    GU
    USD
    0.12
    City Of North Las Vegas Nv
    5.000
    06/01/2033
    BB
    NV
    USD
    0.12
    Foothill-Eastern Transportation Corrido
    6.500
    01/15/2043
    BB+
    CA
    USD
    0.12
    Vigo County Hospital Authority
    5.800
    09/01/2047
    NR
    IN
    USD
    0.12
    Allegheny County Industrial Development
    6.875
    05/01/2030
    B+
    PA
    USD
    0.12
    Louisiana Public Facilities Authority
    5.375
    05/15/2043
    BBB+
    LA
    USD
    0.12
    State Of Colorado
    5.000
    11/01/2030
    A
    CO
    USD
    0.12
    Virgin Islands Public Finance Authority
    6.750
    10/01/2037
    BBB-
    VI
    USD
    0.12
    Foothill-Eastern Transportation Corrido
    6.000
    01/15/2053
    BB+
    CA
    USD
    0.12
    Vermont Economic Development Authority
    5.400
    05/01/2033
    NR
    VT
    USD
    0.12
    Puerto Rico Commonwealth Aqueduct & Sew
    6.000
    07/01/2044
    BB
    PR
    USD
    0.12
    Foothill-Eastern Transportation Corrido
    5.750
    01/15/2046
    BB+
    CA
    USD
    0.12
    California Municipal Finance Authority
    5.750
    07/01/2040
    BBB
    CA
    USD
    0.11
    Guam Government Waterworks Authority
    5.500
    07/01/2043
    BBB-
    GU
    USD
    0.11
    Kent Hospital Finance Authority
    5.750
    07/01/2025
    NR
    MI
    USD
    0.11
    Nassau County Local Economic Assistance
    5.000
    07/01/2032
    BBB+
    NY
    USD
    0.11
    Flint Hospital Building Authority
    7.375
    07/01/2035
    BB+
    MI
    USD
    0.11
    St Louis Industrial Development Authori
    5.250
    06/15/2025
    NR
    MO
    USD
    0.11
    Tempe Industrial Development Authority
    6.250
    12/01/2042
    NR
    AZ
    USD
    0.11
    County Of Jefferson Al Sewer Revenue
    6.000
    10/01/2042
    BB+
    AL
    USD
    0.11
    California Statewide Communiti
    7.000
    10/01/2026
    NR
    CA
    USD
    0.11
    Thousand Oaks Community Facilities Dist
    5.375
    09/01/2031
    NR
    CA
    USD
    0.11
    Colorado Health Facilities Authority
    6.750
    06/01/2032
    NR
    CO
    USD
    0.11
    Georgia Local Government
    4.750
    06/01/2028
    A-
    GA
    USD
    0.11
    Illinois Finance Authority
    6.250
    04/01/2029
    BBB-
    IL
    USD
    0.11
    Puerto Rico Public Buildings Authority
    5.000
    07/01/2032
    BB
    PR
    USD
    0.11
    Illinois Finance Authority
    8.125
    02/15/2040
    NR
    IL
    USD
    0.11
    Oklahoma Development Finance Authority
    6.000
    01/01/2032
    NR
    OK
    USD
    0.11
    City Of Cleveland Oh
    5.375
    09/15/2027
    B
    OH
    USD
    0.11
    Village Community Development District
    5.500
    05/01/2042
    NR
    FL
    USD
    0.11
    Louisiana Local Government Env
    6.500
    08/01/2029
    BBB-
    LA
    USD
    0.11
    Hudson Yards Infrastructure Corp
    5.000
    02/15/2047
    A
    NY
    USD
    0.11
    Philadelphia Authority For Industrial D
    7.250
    06/15/2043
    NR
    PA
    USD
    0.11
    Red River Health Facilities Development
    7.250
    12/15/2047
    NR
    TX
    USD
    0.11
    Syracuse Industrial Development Agency
    5.000
    01/01/2036
    BBB
    NY
    USD
    0.11
    Hidalgo County Health Services Corp
    5.000
    08/15/2026
    BBB
    TX
    USD
    0.11
    Indiana Finance Authority
    5.000
    07/01/2048
    IN
    USD
    0.11
    City Of Chicago Il
    5.000
    01/01/2035
    A-
    IL
    USD
    0.11
    Greater Wenatchee Regional Events Cente
    5.500
    09/01/2042
    WA
    USD
    0.11
    Huntsville-Redstone Village Special Car
    5.500
    01/01/2028
    AL
    USD
    0.11
    Virgin Islands Water & Power Authority
    5.000
    07/01/2025
    BB
    VI
    USD
    0.11
    Maryland Economic Development Corp
    5.000
    12/01/2031
    NR
    MD
    USD
    0.11
    Territory Of Guam
    5.250
    11/15/2037
    NR
    GU
    USD
    0.11
    Gulf Coast Industrial Development Autho
    4.875
    05/01/2025
    BB-
    TX
    USD
    0.11
    Illinois Finance Authority
    5.750
    05/15/2046
    NR
    IL
    USD
    0.11
    California Statewide Communiti
    6.000
    10/01/2047
    NR
    CA
    USD
    0.11
    Citizens Memorial Hospital District
    5.000
    08/01/2028
    NR
    MO
    USD
    0.11
    City Of Manhattan Ks
    5.000
    05/15/2029
    NR
    KS
    USD
    0.11
    Fairfax County Economic Development Aut
    5.000
    12/01/2042
    NR
    VA
    USD
    0.11
    Albemarle Hospital Authority
    5.250
    10/01/2038
    NR
    NC
    USD
    0.11
    Kentucky Economic Development Finance A
    5.500
    11/15/2045
    NR
    KY
    USD
    0.11
    California Statewide Communiti
    5.000
    07/01/2039
    NR
    CA
    USD
    0.11
    Washington Health Care Facilities Autho
    4.750
    12/01/2031
    BB+
    WA
    USD
    0.10
    Overland Park Development Corp
    5.250
    01/01/2032
    BB+
    KS
    USD
    0.10
    California Municipal Finance Authority
    7.000
    06/01/2034
    NR
    CA
    USD
    0.10
    Pima County Industrial Development Auth
    5.500
    07/01/2026
    NR
    AZ
    USD
    0.10
    Golden State Tobacco Securitization Cor
    5.000
    06/01/2033
    B-
    CA
    USD
    0.10
    New York City Industrial Devel Agency
    5.000
    12/01/2031
    NR
    NY
    USD
    0.10
    Public Finance Authority
    7.000
    10/01/2042
    NR
    WI
    USD
    0.10
    Puerto Rico Electric Power Authority
    5.000
    07/01/2037
    BB+
    PR
    USD
    0.10
    New Jersey Economic Development Authori
    5.000
    06/15/2023
    BBB+
    NJ
    USD
    0.10
    Children's Trust Fund
    0.000
    05/15/2050
    NR
    PR
    USD
    0.10
    Puerto Rico Electric Power Authority
    5.250
    07/01/2026
    BBB-
    PR
    USD
    0.10
    Burlington County Bridge Commission
    5.625
    01/01/2038
    NR
    NJ
    USD
    0.10
    Oklahoma Development Finance Authority
    5.125
    12/01/2036
    BB
    OK
    USD
    0.10
    Ohio Air Quality Development Authority
    6.750
    06/01/2024
    CCC+
    OH
    USD
    0.10
    Ohio State Water Development Authority
    5.875
    06/01/2033
    BBB-
    OH
    USD
    0.10
    Indiana Finance Authority
    5.750
    08/01/2042
    B+
    IN
    USD
    0.10
    Virgin Islands Water & Power Authority
    5.000
    07/01/2026
    BB
    VI
    USD
    0.10
    Colorado Health Facilities Authority
    5.200
    07/01/2022
    NR
    CO
    USD
    0.10
    California Statewide Financing Authorit
    6.000
    05/01/2043
    BB
    CA
    USD
    0.10
    Puerto Rico Public Buildings Authority
    6.750
    07/01/2036
    BB
    PR
    USD
    0.10
    Tarrant County Cultural Education Facil
    8.000
    11/15/2028
    NR
    TX
    USD
    0.10
    Illinois Finance Authority
    5.000
    04/01/2036
    BB
    IL
    USD
    0.10
    Peninsula Ports Authority
    5.400
    12/01/2033
    NR
    VA
    USD
    0.10
    Arizona Health Facilities Authority
    5.000
    02/01/2042
    NR
    AZ
    USD
    0.10
    Buckeye Tobacco Settlement Financing Au
    6.500
    06/01/2047
    B-
    OH
    USD
    0.10
    Harbor Point Infrastructure Improvement
    7.000
    04/01/2022
    NR
    CT
    USD
    0.10
    Michigan Finance Authority
    8.000
    10/01/2030
    NR
    MI
    USD
    0.10
    California Municipal Finance Authority
    6.000
    06/01/2023
    NR
    CA
    USD
    0.09
    Puerto Rico Highway & Transportation Au
    5.500
    07/01/2025
    BB
    PR
    USD
    0.09
    Puerto Rico Highway & Transportation Au
    5.500
    07/01/2026
    BB
    PR
    USD
    0.09
    Puerto Rico Electric Power Authority
    5.250
    07/01/2040
    BB+
    PR
    USD
    0.09
    Puerto Rico Highway & Transportation Au
    5.000
    07/01/2024
    BB
    PR
    USD
    0.09
    Washington Health Care Facilities Autho
    6.250
    07/01/2024
    BBB-
    WA
    USD
    0.09
    Pima County Industrial Development Auth
    6.000
    07/01/2048
    NR
    AZ
    USD
    0.09
    Harris County Cultural Education Facili
    5.125
    01/01/2048
    NR
    TX
    USD
    0.09
    Virgin Islands Public Finance Authority
    4.250
    10/01/2029
    BBB+
    VI
    USD
    0.09
    Travis County Health Facilities Develop
    6.000
    01/01/2022
    NR
    TX
    USD
    0.09
    Golden State Tobacco Securitization Cor
    5.750
    06/01/2047
    B-
    CA
    USD
    0.09
    Hesperia Public Financing Authority
    5.000
    09/01/2022
    NR
    CA
    USD
    0.09
    Virgin Islands Public Finance Authority
    5.000
    10/01/2031
    BBB
    VI
    USD
    0.09
    Tobacco Securitization Authority Of Sou
    5.000
    06/01/2037
    B+
    CA
    USD
    0.09
    Golden State Tobacco Securitization Cor
    5.300
    06/01/2037
    B-
    CA
    USD
    0.09
    Oregon State Facilities Authority
    6.375
    09/01/2040
    NR
    OR
    USD
    0.09
    New York City Industrial Devel Agency
    5.875
    10/01/2046
    NR
    NY
    USD
    0.08
    Tobacco Settlement Financing Corp/Nj
    4.750
    06/01/2034
    B-
    NJ
    USD
    0.08
    Puerto Rico Highway & Transportation Au
    5.250
    07/01/2033
    A-
    PR
    USD
    0.08
    North Carolina Medical Care Commission
    5.000
    03/01/2037
    NR
    NC
    USD
    0.08
    Inland Empire Tobacco Securitization Au
    4.625
    06/01/2021
    NR
    CA
    USD
    0.08
    Philadelphia Hospitals & Higher Educati
    5.625
    07/01/2042
    BB
    PA
    USD
    0.08
    City Of Cleveland Oh
    5.700
    12/01/2019
    B
    OH
    USD
    0.08
    New York City Industrial Devel Agency
    5.000
    01/01/2046
    BB
    NY
    USD
    0.08
    Hidalgo County Health Services Corp
    5.000
    08/15/2016
    BBB
    TX
    USD
    0.08
    Decatur Hospital Authority
    6.375
    09/01/2042
    NR
    TX
    USD
    0.08
    Puerto Rico Infrastructure Financing Au
    5.000
    12/15/2022
    BBB-
    PR
    USD
    0.08
    Puerto Rico Commonwealth Aqueduct & Sew
    5.000
    07/01/2033
    BB+
    PR
    USD
    0.08
    Oregon State Facilities Authority
    6.125
    09/01/2030
    NR
    OR
    USD
    0.07
    Puerto Rico Infrastructure Financing Au
    5.000
    07/01/2024
    BB
    PR
    USD
    0.07
    California Statewide Communiti
    5.150
    07/01/2030
    NR
    CA
    USD
    0.07
    Love Field Airport Modernization Corp
    5.250
    11/01/2040
    BBB-
    TX
    USD
    0.07
    Illinois Finance Authority
    6.125
    05/15/2025
    BBB+
    IL
    USD
    0.07
    Illinois Sports Facilities Authority
    5.000
    06/15/2032
    A-
    IL
    USD
    0.07
    City Of North Las Vegas Nv
    5.000
    06/01/2036
    BB
    NV
    USD
    0.07
    Puerto Rico Electric Power Authority
    5.000
    07/01/2021
    BBB-
    PR
    USD
    0.07
    Pennsylvania Economic Development Finan
    5.125
    12/01/2015
    NR
    PA
    USD
    0.07
    Commonwealth Of Puerto Rico
    5.750
    07/01/2038
    BB
    PR
    USD
    0.07
    New York City Industrial Devel Agency
    5.000
    05/15/2020
    CCC+
    NY
    USD
    0.07
    Puerto Rico Highway & Transportation Au
    5.500
    07/01/2022
    BBB-
    PR
    USD
    0.07
    New York City Industrial Devel Agency
    5.000
    01/01/2031
    BB
    NY
    USD
    0.07
    Puerto Rico Infrastructure Financing Au
    5.250
    12/15/2026
    BBB-
    PR
    USD
    0.06
    Albermarle County Economic Development
    4.625
    01/01/2032
    NR
    VA
    USD
    0.06
    Puerto Rico Highway & Transportation Au
    5.000
    07/01/2032
    BB+
    PR
    USD
    0.06
    Puerto Rico Highway & Transportation Au
    5.500
    07/01/2023
    BBB-
    PR
    USD
    0.06
    Puerto Rico Electric Power Authority
    5.000
    07/01/2027
    BBB-
    PR
    USD
    0.06
    Maryland Health & Higher Educational Fa
    5.750
    01/01/2033
    BBB-
    MD
    USD
    0.06
    Texas Municipal Gas Acquisition & Suppl
    5.625
    12/15/2017
    BBB+
    TX
    USD
    0.06
    St Louis Industrial Development Authori
    5.000
    06/15/2020
    NR
    MO
    USD
    0.06
    Iowa Finance Authority
    2.700
    11/15/2046
    NR
    IA
    USD
    0.06
    Martin County Health Facilities Authori
    5.500
    11/15/2032
    BBB
    FL
    USD
    0.06
    Tobacco Securitization Authority Of Sou
    5.125
    06/01/2046
    B
    CA
    USD
    0.06
    New Jersey Economic Development Authori
    5.000
    06/15/2028
    BBB+
    NJ
    USD
    0.06
    Puerto Rico Electric Power Authority
    4.800
    07/01/2029
    BB+
    PR
    USD
    0.06
    Puerto Rico Public Buildings Authority
    5.500
    07/01/2037
    BB
    PR
    USD
    0.06
    City Of Grand Forks Nd
    5.000
    12/01/2035
    BBB+
    ND
    USD
    0.06
    Iowa Finance Authority
    5.000
    12/01/2019
    BB-
    IA
    USD
    0.06
    Kentucky Economic Development Finance A
    5.750
    06/01/2025
    BBB
    KY
    USD
    0.06
    St Paul Housing & Redevelopment Auth
    6.000
    08/01/2035
    NR
    MN
    USD
    0.06
    St Paul Housing & Redevelopment Auth
    6.000
    08/01/2042
    NR
    MN
    USD
    0.05
    City Of Detroit Mi Sewage Disposal Syst
    5.500
    07/01/2024
    B
    MI
    USD
    0.05
    Puerto Rico Commonwealth Aqueduct & Sew
    5.750
    07/01/2037
    BB+
    PR
    USD
    0.05
    Village Community Development
    6.125
    05/01/2039
    NR
    FL
    USD
    0.05
    Texas State Transportation Commission
    5.000
    08/15/2041
    BBB+
    TX
    USD
    0.05
    Philadelphia Hospitals & Higher Educati
    5.500
    07/01/2030
    BB
    PA
    USD
    0.05
    St Louis Industrial Development Authori
    5.350
    06/15/2032
    NR
    MO
    USD
    0.05
    San Antonio Convention Hotel Finance Co
    5.000
    07/15/2039
    BBB
    TX
    USD
    0.05
    City Of Detroit Mi Sewage Disposal Syst
    6.500
    07/01/2024
    BB-
    MI
    USD
    0.05
    Hesperia Public Financing Authority
    5.000
    09/01/2037
    NR
    CA
    USD
    0.05
    Hesperia Public Financing Authority
    5.500
    09/01/2032
    NR
    CA
    USD
    0.05
    Buckeye Tobacco Settlement Financing Au
    6.250
    06/01/2037
    B-
    OH
    USD
    0.05
    Wisconsin Health & Educational Faciliti
    5.250
    08/15/2031
    BBB+
    WI
    USD
    0.05
    Massachusetts Health & Educational Faci
    5.375
    10/01/2028
    NR
    MA
    USD
    0.05
    Puerto Rico Electric Power Authority
    5.000
    07/01/2016
    BBB-
    PR
    USD
    0.05
    Government Development Bank For Puerto
    5.000
    12/01/2015
    BBB-
    PR
    USD
    0.05
    Puerto Rico Electric Power Authority
    4.000
    07/01/2016
    BBB-
    PR
    USD
    0.05
    Commonwealth Of Puerto Rico
    5.500
    07/01/2018
    BBB-
    PR
    USD
    0.05
    Commonwealth Of Puerto Rico
    5.000
    07/01/2041
    BBB-
    PR
    USD
    0.05
    Puerto Rico Highway & Transportation Au
    5.000
    07/01/2028
    BB+
    PR
    USD
    0.05
    Nassau County Local Economic Assistance
    5.000
    07/01/2037
    BBB+
    NY
    USD
    0.05
    Illinois Finance Authority
    8.000
    05/15/2030
    NR
    IL
    USD
    0.05
    California Statewide Communiti
    5.250
    07/01/2042
    NR
    CA
    USD
    0.05
    Puerto Rico Highway & Transportation Au
    5.000
    07/01/2017
    BBB-
    PR
    USD
    0.04
    Sullivan County Health Educational & Ho
    5.250
    09/01/2026
    BBB+
    TN
    USD
    0.04
    Puerto Rico Public Buildings Authority
    5.750
    07/01/2022
    BB
    PR
    USD
    0.04
    Arizona Health Facilities Authority
    5.000
    02/01/2021
    NR
    AZ
    USD
    0.04
    Cumberland County Municipal Authority
    5.250
    01/01/2032
    NR
    PA
    USD
    0.04
    Arizona Health Facilities Authority
    5.100
    10/01/2022
    NR
    AZ
    USD
    0.04
    Delaware County Authority
    5.000
    12/15/2031
    BBB-
    PA
    USD
    0.04
    County Of Alachua Fl
    5.625
    11/15/2022
    NR
    FL
    USD
    0.04
    Philadelphia Authority For Industrial D
    5.875
    06/15/2022
    NR
    PA
    USD
    0.04
    University Of Puerto Rico
    5.000
    06/01/2020
    BB+
    PR
    USD
    0.04
    Illinois Finance Authority
    5.250
    08/15/2023
    NR
    IL
    USD
    0.04
    Virgin Islands Public Finance Authority
    5.000
    10/01/2029
    BBB
    VI
    USD
    0.04
    Puerto Rico Electric Power Authority
    5.000
    07/01/2020
    BB+
    PR
    USD
    0.04
    Lee County Industrial Developm
    5.125
    11/15/2036
    NR
    FL
    USD
    0.04
    Puerto Rico Electric Power Authority
    5.000
    07/01/2017
    BBB-
    PR
    USD
    0.03
    Puerto Rico Electric Power Authority
    5.250
    07/01/2024
    BBB-
    PR
    USD
    0.03
    Puerto Rico Convention Center District
    5.000
    07/01/2025
    BBB
    PR
    USD
    0.03
    Iowa Higher Education Loan Authority
    5.750
    09/01/2030
    NR
    IA
    USD
    0.03
    San Joaquin Hills Transportation Corrid
    5.375
    01/15/2029
    BBB
    CA
    USD
    0.03
    City Of Detroit Mi Water Supply System
    5.000
    07/01/2034
    BBB+
    MI
    USD
    0.03
    Arizona Health Facilities Authority
    2.000
    02/01/2015
    NR
    AZ
    USD
    0.03
    University Of Puerto Rico
    5.000
    06/01/2021
    BB+
    PR
    USD
    0.03
    Commonwealth Of Puerto Rico
    5.125
    07/01/2037
    BBB-
    PR
    USD
    0.03
    Texas Municipal Gas Acquisition & Suppl
    5.000
    12/15/2026
    BBB+
    TX
    USD
    0.03
    Commonwealth Of Puerto Rico
    4.500
    07/01/2025
    BBB-
    PR
    USD
    0.03
    Puerto Rico Electric Power Authority
    5.000
    07/01/2018
    BBB-
    PR
    USD
    0.03
    Mississippi Development Bank Special Ob
    5.000
    03/01/2036
    NR
    MS
    USD
    0.03
    District Of Columbia
    5.000
    10/01/2035
    NR
    DC
    USD
    0.03
    Guam Power Authority
    5.500
    10/01/2040
    BBB-
    GU
    USD
    0.03
    Arizona Health Facilities Authority
    5.000
    02/01/2034
    NR
    AZ
    USD
    0.03
    Nassau County Industrial Development Ag
    6.700
    01/01/2043
    NR
    NY
    USD
    0.03
    Illinois Finance Authority
    5.750
    08/15/2029
    BBB+
    IL
    USD
    0.03
    Indiana Finance Authority
    5.500
    08/15/2045
    BBB
    IN
    USD
    0.03
    New Jersey Economic Development Authori
    5.625
    11/15/2030
    NR
    NJ
    USD
    0.03
    Puerto Rico Electric Power Authority
    7.000
    07/01/2040
    BBB-
    PR
    USD
    0.03
    North Carolina Medical Care Commission
    4.750
    03/01/2032
    NR
    NC
    USD
    0.03
    Puerto Rico Public Buildings Authority
    5.250
    07/01/2036
    BB
    PR
    USD
    0.03
    Puerto Rico Highway & Transportation Au
    5.000
    07/01/2027
    BBB-
    PR
    USD
    0.02
    Inland Empire Tobacco Securitization Au
    5.750
    06/01/2026
    NR
    CA
    USD
    0.02
    Massachusetts Development Finance Agenc
    5.500
    07/01/2031
    BBB-
    MA
    USD
    0.02
    Puerto Rico Highway & Transportation Au
    5.500
    07/01/2021
    BBB-
    PR
    USD
    0.02
    Hesperia Community Redevelopment Agency
    5.000
    09/01/2025
    NA
    CA
    USD
    0.02
    Puerto Rico Public Buildings Authority
    5.000
    07/01/2036
    BB
    PR
    USD
    0.02
    Commonwealth Of Puerto Rico
    6.000
    07/01/2040
    BBB-
    PR
    USD
    0.02
    Iah Public Facility Corp
    6.125
    05/01/2026
    NR
    TX
    USD
    0.02
    Puerto Rico Electric Power Authority
    5.250
    07/01/2021
    BBB-
    PR
    USD
    0.02
    Louisiana Public Facilities Authority
    4.500
    07/01/2038
    NR
    LA
    USD
    0.02
    Illinois Finance Authority
    8.000
    05/15/2020
    NR
    IL
    USD
    0.02
    New York City Industrial Devel Agency
    4.500
    03/01/2039
    BBB-
    NY
    USD
    0.02
    Commonwealth Of Puerto Rico
    5.250
    07/01/2021
    BB
    PR
    USD
    0.02
    Puerto Rico Highway & Transportation Au
    5.250
    07/01/2018
    BB
    PR
    USD
    0.02
    Government Development Bank For Puerto
    5.000
    12/01/2016
    BBB-
    PR
    USD
    0.02
    Palomar Pomerado Health
    6.000
    11/01/2041
    BB+
    CA
    USD
    0.02
    Puerto Rico Electric Power Authority
    5.000
    07/01/2021
    BBB-
    PR
    USD
    0.02
    Puerto Rico Infrastructure Financing Au
    5.000
    07/01/2025
    BBB
    PR
    USD
    0.02
    Guam Power Authority
    5.000
    10/01/2034
    BBB-
    GU
    USD
    0.02
    New Jersey Economic Development Authori
    5.375
    01/01/2043
    BBB-
    NJ
    USD
    0.02
    Puerto Rico Convention Center District
    4.750
    07/01/2022
    BB
    PR
    USD
    0.01
    San Joaquin Hills Transportation Corrid
    5.000
    01/01/2033
    BB-
    CA
    USD
    0.01
    Lee County Industrial Developm
    5.000
    11/15/2029
    NR
    FL
    USD
    0.01
    Commonwealth Of Puerto Rico
    5.500
    07/01/2018
    BB
    PR
    USD
    0.01
    Puerto Rico Electric Power Authority
    5.250
    07/01/2023
    BBB-
    PR
    USD
    0.01
    Puerto Rico Highway & Transportation Au
    5.000
    07/01/2046
    BBB-
    PR
    USD
    0.01
    Puerto Rico Highway & Transportation Au
    5.000
    07/01/2019
    BBB-
    PR
    USD
    0.01
    Puerto Rico Electric Power Authority
    5.000
    07/01/2022
    BBB-
    PR
    USD
    0.01
    Tobacco Settlement Financing Corp/Nj
    0.000
    06/01/2041
    NR
    NJ
    USD
    0.01
    Commonwealth Of Puerto Rico
    5.500
    07/01/2019
    BBB-
    PR
    USD
    0.01
    Puerto Rico Highway & Transportation Au
    5.000
    07/01/2018
    BBB-
    PR
    USD
    0.01
    Puerto Rico Electric Power Authority
    5.000
    07/01/2022
    BB+
    PR
    USD
    0.01
    Commonwealth Of Puerto Rico
    5.250
    07/01/2024
    BB
    PR
    USD
    0.01
    Commonwealth Of Puerto Rico
    5.500
    07/01/2031
    BB
    PR
    USD
    0.01
    Puerto Rico Electric Power Authority
    5.375
    07/01/2022
    BBB-
    PR
    USD
    0.01
    Maine Health & Higher Educational Facil
    6.950
    07/01/2041
    BB+
    ME
    USD
    0.01
    Commonwealth Of Puerto Rico
    5.000
    07/01/2035
    BB
    PR
    USD
    0.00
    Puerto Rico Electric Power Authority
    5.500
    07/01/2021
    BB+
    PR
    USD
    0.00
    Puerto Rico Public Buildings Authority
    6.000
    07/01/2020
    BBB-
    PR
    USD
    0.00
    Puerto Rico Public Buildings Authority
    5.500
    07/01/2018
    BBB-
    PR
    USD
    0.00
    Commonwealth Of Puerto Rico
    6.000
    07/01/2039
    BB
    PR
    USD
    0.00
    Tobacco Settlement Financing Corp/Ri
    6.250
    06/01/2042
    BB+
    RI
    USD
    0.00
    Puerto Rico Convention Center District
    4.500
    07/01/2036
    BBB
    PR
    USD
    0.00
    Puerto Rico Public Buildings Authority
    6.000
    07/01/2019
    BBB-
    PR
    USD
    0.00
    Iowa Finance Authority
    2.000
    05/15/2056
    NR
    IA
    USD
    0.00
    Other/Cash
    USD
    2.38
    Total (%) 99.95

    These are not recommendations to buy or to sell any security. Securities and holdings may vary. Composite Rating: An evenly weighted blend of a security's Moody's, S&P, Fitch and DBRS ratings. Not Rated indicates that a security is rated by fewer than two of the four rating agencies. This composite is not intended to be a credit opinion. These are not recommendations to buy or to sell any security. Securities and holdings may vary.