1 —Ca Cmnty Choice-A-1 Frn 4/1/2056 2056-04-01 4.05% 4.0% 43,355,000 $45.44M - - 2 —California Infrastructure & Economic Development Bank Series 2024-A 5.00%, 12/01/54 2.12% 6.2% 24,750,000 $23.85M - - 3 —Centrl Vly Ca Energy Auth Comm Ctvpwr 08/34 Fixed 5 1.55% 7.7% 16,640,000 $17.40M - - 4 DebtCalifornia Cmnty Choice Fing AFinancials · Diversified Financial Services 1.54% 9.3% 16,500,000 $17.29M Financials Diversified Financial Services 5 —Oakland Ca Oak 06/27 Fixed 5 1.41% 10.7% 15,500,000 $15.83M - - 6 —Chicago Ill Brd Ed 5.75% Dec 01, 2050 1.40% 12.1% 15,680,000 $15.75M - - 7 —Golden State Tobacco Securitization Corp 2051-06-01Financials · Diversified Financial Services 1.37% 13.4% 15,815,000 $15.37M Financials Diversified Financial Services 8 —Golden State Tobacco Securitization Corp 3.850%, 06/01/50Financials · Diversified Financial Services 1.21% 14.7% 15,000,000 $13.56M Financials Diversified Financial Services 9 DebtCalifornia Cmnty Choice Fing A Ccedev 10/34 Fixed 5 1.08% 15.7% 11,500,000 $12.16M - - 10 —Centrl Vly CaUtilities · Power & Renewables 1.07% 16.8% 11,500,000 $12.01M Utilities Power & Renewables 11 —California Mun 5% 09/60 5 1.02% 17.8% 11,295,000 $11.50M - - 12 DebtCalifornia Community Choice Financing AuthorityFinancials · Diversified Financial Services 1.01% 18.8% 10,705,000 $11.32M Financials Diversified Financial Services 13 —Long Beach (City Of), Ca (Green Bonds), Series 2025, Ref. RbIndustrials · Transportation Infrastructure 1.00% 19.8% 10,000,000 $11.21M Industrials Transportation Infrastructure 14 —San Francisco Calif City &Cnty Arpts Commn International Arpt Rev 2041-05-01 0.95% 20.8% 10,000,000 $10.70M - - 15 DebtCalifornia Cmnty Choice Fing A Ccedev 06/36 Fixed 5 0.95% 21.7% 10,000,000 $10.64M - - 16 DebtBuckeye Tobacco Settlement Financing Auth Oh Ref-Senior-Class 2-Ser B-2Financials · Diversified Financial Services 0.91% 22.6% 13,560,000 $10.25M Financials Diversified Financial Services 17 —Bay Area Toll Auth Calif Toll 2.15% Apr 01, 2055 0.89% 23.5% 10,000,000 $10.00M - - 18 —California Health Facs Fing Au 0.4% Mar 01, 2041 0.89% 24.4% 10,000,000 $10.00M - - 19 —Inglewood Calif Uni Sch Dist 3% 0.88% 25.3% 10,000,000 $9.90M - - 20 —Puerto Rico Comwlth 4% 2046-07-01Financials · Diversified Financial Services 0.85% 26.2% 10,561,000 $9.55M Financials Diversified Financial Services 21 —Msr Energy 11/01/2039Financials · Diversified Financial Services 0.82% 27.0% 7,850,000 $9.26M Financials Diversified Financial Services 22 DebtSan Joaquin Vy Calif Clean Energy Auth CleanUtilities · Power & Renewables 0.81% 27.8% 8,400,000 $9.06M Utilities Power & Renewables 23 DebtCasfinFinancials · Diversified Financial Services 0.72% 28.5% 8,020,000 $8.06M Financials Diversified Financial Services 24 DebtSan Diego Cnty Ca 0.72% 29.2% 8,000,000 $8.13M - - 25 —California St Infrastructure & Regd B/E 5.00000000 07/01/2041 0.72% 29.9% 7,795,000 $8.07M - - 26 —Cscda Community Improvement Au Cdahsg 10/56 Fixed 4Financials · Thrifts 0.71% 30.6% 10,500,000 $7.99M Financials Thrifts 27 DebtLonutlFinancials · Thrifts 0.71% 31.4% 7,155,000 $7.92M Financials Thrifts 28 —California Mun Fin Auth Mun Ctfs Var 20-Nov-2040 0.71% 32.1% 8,198,253 $7.98M - - 29 —San Francisco City & County Airport Comm-San Francisco International Airport 5 47969 2031-05-01 0.67% 32.7% 7,000,000 $7.52M - - 30 —Texas St Muni Gas Acquisition Txsutl 04/36 Fixed 5 5 0.67% 33.4% 7,250,000 $7.48M - - 31 —California St Muni Fin Auth Af Casctf 06/46 Fixed 5.35 0.67% 34.1% 7,115,000 $7.48M - - 32 —California Stwd Cmntys Dev Auth Revenue 0.65% 34.7% 7,275,000 $7.32M - - 33 —Sthrn Ca Public Pwr Auth Rev 5%, Due 11/01/2033 0.65% 35.4% 7,000,000 $7.33M - - 34 —Los Angeles-Trans 5 6/27 0.64% 36.0% 7,000,000 $7.15M - - 35 DebtCalifornia Community Choi 0.64% 36.7% 7,000,000 $7.18M - - 36 —California Cmnty Choice Fing A Ccedev 12/35 Fixed 5 0.60% 37.3% 6,290,000 $6.71M - - 37 —City Of Los Angeles Department Losapt 05/43 Fixed 5.25 0.60% 37.9% 6,340,000 $6.78M - - 38 —Irvine Ranch Water District 3.0499984 10-01-2041 0.58% 38.4% 6,505,000 $6.50M - - 39 —California St Hlth Facs Fing A Casgen 11/51 Floating Var 0.58% 39.0% 6,500,000 $6.51M - - 40 —Inland Empire Ca Tobacco Secur Inegen 06/38 Fixed 3.678 0.57% 39.6% 6,590,000 $6.40M - - 41 —County Of Sacramento, Series 2025A 5.25 2055-07-01 0.57% 40.2% 6,225,000 $6.37M - - 42 —Puerto Rico Sales Tax Fing Corp Sales Tax Rev 0% 0.57% 40.7% 7,000,000 $6.34M - - 43 DebtCalifornia St Stwd Cmntys Dev Casmfh 07/36 Fixed 3.8 0.56% 41.3% 6,500,000 $6.30M - - 44 —San Francisco Calif Cit 5.5 01May55Real Estate · Real Estate Management 0.55% 41.8% 5,880,000 $6.17M Real Estate Real Estate Management 45 DebtSr Airport Rb Series 2024B 0.55% 42.4% 6,000,000 $6.15M - - 46 —California Cmnty Choice Fing A Ccedev 11/33 Fixed 5 0.55% 42.9% 5,875,000 $6.22M - - 47 —Riverside Cnty Calif 56/30/2027 0.55% 43.5% 6,000,000 $6.13M - - 48 —San Francisco Calif City & Cnt 5% May 01, 2030 0.54% 44.0% 5,750,000 $6.11M - - 49 —Burbank Glendale Pasadena Ca A Burapt 07/55 Fixed 5.5 0.54% 44.6% 5,800,000 $6.11M - - 50 DebtPuerto Rico Sales Tax Financing Corp SaFinancials · Diversified Financial Services 0.53% 45.1% 6,220,000 $5.98M Financials Diversified Financial Services More holdings · Pro