High Income Municipal Bond Fund

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HYMAX

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High Income Municipal Bond Fund

HYMAX

High Income Municipal Bond Fund

HYMAX

High Income Municipal Bond Fund

Daily price w/o sales charge as of 09/18/2026

$10.29

$0.01

YTD Returns w/o sales charge as of 09/18/2026

0.19%

Please click here for performance current to the most recent quarter-end and month-end.

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Summary

What is the High Income Municipal Bond Fund?

The Fund seeks to deliver a high level of income exempt from federal income tax by investing primarily in lower-rated municipal bonds.

Yields

Average Yield to Worst as of 08/31/2026

5.66%

Distribution Yield as of 09/18/2026

4.98%

30 Day Standardized yield ¹ as of 08/31/2026

4.79%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Yield to worst (YTW) refers to the lesser of a bond’s (a) yield-to-maturity or (b) the lowest yield-to-call calculated on each scheduled call date.

Distribution Yield is the calculation of cash flow for an investment vehicle, to calculate the distribution yield, the most recent distribution is multiplied by 12 to get an annualized total, which is then divided by the NAV.

Fund Basicsas of 08/31/2026

Total Net Assets: $4.53 B
Inception Date: 12/30/2004
Dividend Frequency: Monthly
Fund Gross Expense Ratio: 0.84%
Fund Net Expense Ratio: 0.84%
Adjusted Expense Ratio: 0.76%
Number of Holdings: 628
Minimum Initial Investment: $1,000+

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 12/30/2004

w/o sales charge	2.13%	7.00%	4.78%	-0.12%	2.59%	3.11%
Lipper Category Avg. High Yield Municipal Debt Funds	1.38%	5.97%	4.55%	0.29%	2.32%	-
Bloomberg High Yield Municipal Bond Index	2.74%	6.66%	5.69%	1.31%	3.73%	4.74%
w/ sales charge	-0.12%	4.57%	3.99%	-0.58%	2.36%	2.95%

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 12/30/2004

w/o sales charge	4.11%	7.77%	5.12%	0.38%	2.89%	3.23%
Lipper Category Avg. High Yield Municipal Debt Funds	3.46%	7.60%	4.91%	0.82%	2.60%	-
Bloomberg High Yield Municipal Bond Index	4.09%	7.00%	5.84%	1.79%	3.97%	4.84%
w/ sales charge	1.81%	5.37%	4.32%	-0.07%	2.66%	3.07%

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

Returns with sales charges reflect a maximum sales charge of 2.25%.

Past performance is not a reliable indicator or guarantee of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost.

Sector	Assets
Healthcare/Hospital
IDR/PCR
Transportation
Education
Special Tax
GO Local
Housing
Lease
GO State
Water and Sewer
Power
Other
Pre-Refunded

The Fund's portfolio is actively managed and is subject to change.

Maturity	Assets
<1 Year
1-5 Years
5-10 Years
10-15 Years
15-20 Years
20-25 Years
25-30 Years
>30 Years
Other

The Fund's portfolio is actively managed and is subject to change.

Credit Quality Distribution as of 08/31/2026

Rating	Assets
AAA
AA
A
BBB
BB
B
< B
Not Rated

Ratings provided by Standard & Poor's, Moody's, and Fitch. Where the rating agencies rate a security differently, Lord Abbett uses the higher credit rating. For a security with both a short-term and a long-term rating, Lord Abbett has categorized the security in the chart above using its short-term rating only. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities are not rated. A-1/MIG1, A-2/MIG2 and A-3/MIG3 designations denote securities with less than a three-year maturity as well as superior (A-1/MIG1), strong (A-2/MIG2) and favorable (A-3/MIG3) credit quality. The credit quality breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Credit quality allocation reflects market value weightings.

INVESTMENT TEAM

Daniel S. Solender, CFA

Partner, Director of Tax Free Fixed Income

39 Years of Industry Experience

Supported By 20 Investment Professionals with 14 Years Avg. Industry Experience

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Performance

Average Yield to Worst as of 08/31/2026

5.66%

Distribution Yield as of 09/18/2026

4.98%

30-Day Standardized Yield ¹ as of 08/31/2026

	Subsidized²	Un-Subsidized³
w/o sales charge	4.79%	4.79%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 12/30/2004

w/o sales charge	2.13%	7.00%	4.78%	-0.12%	2.59%	3.11%
Lipper Category Avg. High Yield Municipal Debt Funds	1.38%	5.97%	4.55%	0.29%	2.32%	-
Bloomberg High Yield Municipal Bond Index	2.74%	6.66%	5.69%	1.31%	3.73%	4.74%
w/ sales charge	-0.12%	4.57%	3.99%	-0.58%	2.36%	2.95%

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 12/30/2004

w/o sales charge	4.11%	7.77%	5.12%	0.38%	2.89%	3.23%
Lipper Category Avg. High Yield Municipal Debt Funds	3.46%	7.60%	4.91%	0.82%	2.60%	-
Bloomberg High Yield Municipal Bond Index	4.09%	7.00%	5.84%	1.79%	3.97%	4.84%
w/ sales charge	1.81%	5.37%	4.32%	-0.07%	2.66%	3.07%

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

Returns with sales charges reflect a maximum sales charge of 2.25%.

Year	Fund Returns	Bloomberg High Yield Municipal Bond Index

2025	2.13%	2.46%
2024	6.22%	6.32%
2023	7.25%	9.21%
2022	-16.53%	-13.10%
2021	6.39%	7.77%
2020	3.49%	4.89%
2019	11.48%	10.68%
2018	3.79%	4.76%
2017	7.38%	9.69%
2016	2.68%	2.99%
2015	3.66%	-
2014	14.50%	-
2013	-6.99%	-
2012	17.99%	-
2011	4.55%	-
2010	3.68%	-
2009	35.92%	-
2008	-32.87%	-
2007	-7.35%	-
2006	9.37%	-

Year	Q1	Q2	Q3	Q4

2026	0.38%	3.71%	-	-
2025	-0.01%	-1.34%	2.28%	1.21%
2024	2.06%	1.49%	3.68%	-1.09%
2023	2.26%	1.95%	-4.25%	7.43%
2022	-8.62%	-6.65%	-5.38%	3.41%
2021	1.53%	3.92%	-0.51%	1.36%
2020	-7.43%	4.36%	2.40%	4.61%
2019	4.17%	3.16%	2.72%	0.99%
2018	0.75%	2.79%	0.63%	-0.41%
2017	2.70%	1.94%	1.97%	0.59%
2016	2.38%	4.29%	1.22%	-5.00%
2015	1.56%	-1.15%	1.19%	2.04%
2014	5.31%	4.09%	2.66%	1.75%
2013	1.64%	-5.21%	-3.47%	0.01%
2012	6.89%	3.28%	3.65%	3.11%
2011	-1.71%	5.25%	1.63%	-0.56%
2010	3.26%	1.46%	4.51%	-5.32%
2009	8.26%	10.13%	14.65%	-0.57%
2008	-5.23%	0.14%	-7.16%	-23.81%
2007	1.06%	-0.35%	-3.13%	-5.03%
2006	1.77%	1.17%	3.87%	2.26%
2005	1.73%	3.52%	0.30%	0.95%

Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.

Growth of $10,000 as of 08/31/2026

The chart begins on the Fund's inception date of 12/30/2004.

Based on a hypothetical Class A share investment of $10,000 on 12/30/2004 without sales charge and includes the reinvestment of all distributions.

NAV Historical Prices

Date	Net Asset Value

Portfolio

PORTFOLIO BREAKDOWN as of 08/31/2026

Sector	Assets
Healthcare/Hospital
IDR/PCR
Transportation
Education
Special Tax
GO Local
Housing
Lease
GO State
Water and Sewer
Power
Other
Pre-Refunded

The Fund's portfolio is actively managed and is subject to change.

PORTFOLIO BREAKDOWN as of 08/31/2026

Maturity	Assets
<1 Year
1-5 Years
5-10 Years
10-15 Years
15-20 Years
20-25 Years
25-30 Years
>30 Years
Other

The Fund's portfolio is actively managed and is subject to change.

PORTFOLIO BREAKDOWN as of 08/31/2026

Rating	Assets
NY
CA
WI
FL
IL
PR
OH
PA
UT
TX
AZ
WA
VA
AL
MA
LA
OK
NH
AR
CO
SC
GA
MD
Other
NJ
NV
ID
DC
CT
TN
MO
OR
IA
RI
IN
NC
MI
GU
AS
WV
MT
AK
KY
KS

The Fund's portfolio is actively managed and is subject to change.

Credit QUALITY DISTRIBUTION as of 08/31/2026

Rating	Assets
AAA
AA
A
BBB
BB
B
< B
Not Rated

Portfolio Details as of 08/31/2026

Total Net Assets: $4.53 B
Number of Issues: 628
Average Yield to Worst: 5.66%
Average Effective Duration: 9.32 Years
Average Effective Maturity: 23.9 Years
Distribution Yield (as of 09/18/2026): 4.98%

To view definitions for the above Portfolio Details, Click here.

Average Effective Maturity is the weighted average of all the maturities of the securities held in a fund. The maturity of a security is the length of time until final payment is due, or if applicable, an earlier date based on relevant factors such as maturity-shortening devices. Indicating a portfolio’s sensitivity to general market interest rate changes, a longer average maturity implies greater relative portfolio volatility.

Average Effective Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates, taking into account anticipated cash flow fluctuations from mortgage prepayments, puts, adjustable coupons, and potential call dates. Duration is expressed as a number of years, and generally, the larger a duration, the greater the interest-rate risk or reward for a portfolio’s underlying bond prices. Where applicable, certain investments, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs, ADRs, and CPI swaps and related futures, are excluded from these calculations.

Yield to worst (YTW) refers to the lesser of a bond’s (a) yield-to-maturity or (b) the lowest yield-to-call calculated on each scheduled call date.

Holding	Coupon	Maturity	Assets

Buckeye Tobacco Settlement Financing Authority	5.000%	06/01/2055	1.9%
New York Transportation Development Corp - JFK Airport Terminal 6	5.500%	12/31/2060	1.6%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue	4.750%	07/01/2053	1.4%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue	5.000%	07/01/2058	1.1%
Florida Higher Educational Facilities Financing Authority - Keiser University	6.250%	07/01/2055	1.1%
Commonwealth of Puerto Rico	4.000%	07/01/2046	1.1%
Louisiana Public Facilities Authority - I-10 Calcasieu Bridge	5.750%	09/01/2064	1.0%
Public Finance Authority - Georgia 400 Express Lanes	5.750%	12/31/2065	1.0%
California Statewide Communities Development Authority - Loma Linda University Medical Center	5.500%	12/01/2058	0.8%
California Statewide Communities Development Authority - Loma Linda University Medical Center	5.250%	12/01/2056	0.8%

% of Total Assets			11.8%

Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.

Holdings as of07/31/2026

Holding	Coupon	Maturity	Assets

Buckeye Tobacco Settlement Financing Authority	5.000%	06/01/2055	1.9%
New York Transportation Development Corp - JFK Airport Terminal 6	5.500%	12/31/2060	1.6%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue	4.750%	07/01/2053	1.4%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue	5.000%	07/01/2058	1.1%
Florida Higher Educational Facilities Financing Authority - Keiser University	6.250%	07/01/2055	1.1%
Commonwealth of Puerto Rico	4.000%	07/01/2046	1.1%
Louisiana Public Facilities Authority - I-10 Calcasieu Bridge	5.750%	09/01/2064	1.0%
Public Finance Authority - Georgia 400 Express Lanes	5.750%	12/31/2065	1.0%
California Statewide Communities Development Authority - Loma Linda University Medical Center	5.500%	12/01/2058	0.8%
California Statewide Communities Development Authority - Loma Linda University Medical Center	5.250%	12/01/2056	0.8%
Berks County Municipal Authority/The - Tower Health	5.000%	06/30/2039	0.8%
New York Transportation Development Corp - JFK Airport Terminal One	5.375%	06/30/2060	0.8%
Tobacco Settlement Financing Corp/VA	5.000%	06/01/2047	0.7%
New York Transportation Development Corp - American Airlines	5.000%	08/01/2031	0.7%
Chicago Board of Education	4.000%	12/01/2047	0.7%
Public Finance Authority - Georgia 400 Express Lanes	5.750%	06/30/2060	0.7%
Ohio Air Quality Development Authority - AMG Vanadium	5.000%	07/01/2049	0.7%
New Hampshire Business Finance Authority - Centurion Foundation	5.540%	08/15/2057	0.6%
Golden State Tobacco Securitization Corp	0.000%	06/01/2066	0.6%
Virginia Small Business Financing Authority - 95 Express Lanes LLC	4.000%	01/01/2048	0.6%
King County Public Hospital District No 4	7.000%	12/01/2060	0.6%
Pennsylvania Economic Development Financing Authority - Penndot Major Bridges	6.000%	06/30/2061	0.6%
Oklahoma Development Finance Authority - OU Medicine Obligated Group	5.500%	08/15/2057	0.5%
New York Transportation Development Corp - JFK International Airport	5.500%	06/30/2060	0.5%
Sierra Vista Industrial Development Authority - American Leadership Academy Inc	5.750%	06/15/2058	0.5%
Mobile County Industrial Development Authority - AM/NS Calvert LLC	4.750%	12/01/2054	0.5%
California Infrastructure & Economic Development Bank	12.000%	11/02/2026	0.5%
Tobacco Settlement Financing Corp/VA	0.000%	06/01/2047	0.5%
New York Transportation Development Corp - JFK Airport Terminal One	6.000%	06/30/2054	0.5%
Chicago Board of Education	5.000%	12/01/2046	0.5%
Public Finance Authority - Sky Harbour Capital LLC Obligated Group	4.250%	07/01/2054	0.5%
Tender Option Bond Trust Receipts/Certificates	6.360%	01/03/2061	0.5%
Massachusetts Development Finance Agency - Care Communities LLC Obligated Group	6.500%	07/15/2060	0.5%
New Hope Cultural Education Facilities Finance Corp - Superior Living Foundation	6.500%	07/01/2056	0.5%
Puerto Rico Commonwealth Aqueduct & Sewer Authority	5.000%	07/01/2047	0.4%
California Public Finance Authority - Stadium South LLC	6.750%	12/06/2059	0.4%
Build NYC Resource Corp - RiverSpring Health Senior Living Inc Obligated Group	7.000%	12/15/2065	0.4%
Monroe County Hospital Authority/PA - Centurion Foundation Lehigh Valley LLC	5.100%	06/15/2039	0.4%
South Carolina Jobs-Economic Development Authority - Kiawah Life Plan Village Inc	7.750%	11/15/2058	0.4%
Arkansas Development Finance Authority - Hybar LLC	7.500%	07/01/2048	0.4%
California Public Finance Authority - Sunrise of Manhattan Beach	6.750%	07/01/2065	0.4%
Mobile County Industrial Development Authority - AM/NS Calvert LLC	5.000%	06/01/2054	0.4%
Hoover Industrial Development Board - United States Steel Corp	5.750%	10/01/2049	0.4%
Commonwealth of Puerto Rico	4.000%	07/01/2041	0.4%
Public Finance Authority - Sky Harbour Capital III LLC Obligated Group	6.000%	01/01/2031	0.4%
South Carolina Jobs-Economic Development Authority - Connexion Communities	6.750%	10/15/2060	0.4%
Arkansas Development Finance Authority - United States Steel Corp	5.700%	05/01/2053	0.4%
Berks County Municipal Authority/The - Tower Health	0.000%	06/30/2044	0.4%
District of Columbia - Catholic University of America/The	5.750%	10/01/2055	0.4%
Massachusetts Development Finance Agency - Dana-Farber Cancer Institute Obligated Group	5.500%	12/01/2056	0.4%
Main Street Energy Inc - Citigroup	5.000%	09/01/2036	0.4%
Grapevine Wash Local District	6.000%	03/01/2055	0.4%
City of Chicago IL	6.000%	01/01/2050	0.4%
County of Washington OH - Marietta Area Health Care Inc Obligated Group	6.750%	12/01/2052	0.4%
Black Belt Energy Gas District - Goldman Sachs	5.500%	12/01/2028	0.4%
E-470 Public Highway Authority	0.000%	09/01/2031	0.4%
Capital Trust Agency Inc - Educational Growth Fund LLC	5.000%	07/01/2056	0.4%
California Public Finance Authority - The James	6.375%	06/01/2059	0.4%
TSASC Inc/NY	5.000%	06/01/2048	0.4%
New Hampshire Business Finance Authority - Covanta Energy	4.875%	11/01/2042	0.4%
Black Desert Public Infrastructure District	5.625%	12/01/2053	0.4%
Patriots Energy Group Financing Agency - Sumitomo Mitsui Banking Corp	5.250%	08/01/2031	0.4%
Chicago Board of Education	4.000%	12/01/2041	0.4%
State of Illinois	5.500%	03/01/2047	0.4%
Chicago Board of Education	6.000%	12/01/2049	0.3%
Massachusetts Development Finance Agency - Emmanuel College/MA	5.000%	10/01/2043	0.3%
Washington State Housing Finance Commission - Bonesta SE LLC Obligated Group	7.000%	05/01/2066	0.3%
Washington State Housing Finance Commission - Horizon House	6.250%	01/01/2056	0.3%
Oklahoma Development Finance Authority - OU Medicine Obligated Group	5.500%	08/15/2052	0.3%
Public Finance Authority - QCF Behavioral Hospital	7.500%	07/01/2059	0.3%
California Public Finance Authority - The James	6.500%	06/01/2054	0.3%
Arizona Industrial Development Authority - Navajo Health Foundation-Sage Memorial Hospital Inc Obligated Group	7.625%	05/01/2054	0.3%
Niagara Area Development Corp - Covanta Energy	4.750%	11/01/2042	0.3%
Public Finance Authority - RBS Evolution LLC	10.000%	11/01/2038	0.3%
Rhode Island Health and Educational Building Corp - Chartercare Health of Rhode Island Obligated Group	8.500%	10/01/2056	0.3%
Public Finance Authority - Legacy Hills	6.000%	11/15/2045	0.3%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue	4.784%	07/01/2058	0.3%
New York Transportation Development Corp - Delta Airlines	5.625%	04/01/2040	0.3%
California Statewide Communities Development Authority - Loma Linda University Medical Center	5.500%	12/01/2054	0.3%
Industrial Development Authority of the City of Phoenix Arizona/The - Christian Care Surprise	5.500%	12/01/2065	0.3%
Public Finance Authority - Absolute Awakenings	7.250%	01/01/2061	0.3%
Chicago Board of Education	6.000%	12/01/2044	0.3%
Industrial Development Authority of the City of St Louis Missouri/The - Ballpark Village	4.750%	11/15/2047	0.3%
Bucks County Industrial Development Authority - Grand View Hospital	4.000%	07/01/2046	0.3%
Westchester County Local Development Corp - Westchester County Health Care Corp Obligated Group	7.500%	11/01/2055	0.3%
Maricopa County Industrial Development Authority - Commercial Metals Co	4.000%	10/15/2047	0.3%
Pennsylvania Economic Development Financing Authority - Noble Environmental	6.875%	09/01/2047	0.3%
New York State Dormitory Authority - Catholic Hlth Svcs	4.000%	07/01/2045	0.3%
California Statewide Communities Development Authority - Loma Linda University Medical Center	5.250%	12/01/2044	0.3%
San Diego County Regional Airport Authority	4.000%	07/01/2056	0.3%
Jefferson County Port Authority/OH - JSW Steel	5.000%	12/01/2028	0.3%
Massachusetts Development Finance Agency - Beth Israel Lahey Health Obligated Group	5.500%	07/01/2055	0.3%
Miami-Dade County Industrial Development Authority - Casa Properties	5.375%	07/01/2036	0.3%
Development Authority Of The City Of Marietta - Life University Inc	5.000%	11/01/2037	0.3%
Public Finance Authority - Triad Math & Science Academy Co	5.000%	06/15/2036	0.3%
California Community Housing Agency - Sausalito	4.000%	01/11/2050	0.3%
Tender Option Bond Trust Receipts/Certificates - City of New York NY	9.440%	10/02/2055	0.3%
Arkansas Development Finance Authority - United States Steel Corp	5.450%	09/01/2052	0.3%
East Nassau Stewardship District	6.250%	05/01/2056	0.3%
Public Finance Authority - Inperium	5.750%	12/01/2054	0.3%
New York Liberty Development Corp - 3 World Trade Center	5.000%	11/15/2044	0.3%
City of Houston TX Airport System Revenue - United Airlines	5.500%	07/15/2035	0.3%
Commonwealth of Puerto Rico - Puerto Rico CVI	0.000%	11/01/2051	0.3%
City of Houston TX Airport System Revenue - United Airlines	5.000%	07/01/2029	0.3%
Arkansas Development Finance Authority - Hybar LLC	7.000%	07/01/2048	0.3%
Brevard County Health Facilities Authority - Health First Inc Obligated Group	5.000%	04/01/2052	0.3%
Idaho Falls Auditorium District	5.250%	05/15/2051	0.3%
Illinois Finance Authority - LRS Holdings LLC	7.375%	09/01/2033	0.2%
Massachusetts Development Finance Agency - Tufts Medicine Obligated Group	6.000%	10/01/2049	0.2%
Illinois Finance Authority - Illinois Institute of Technology	5.875%	09/01/2046	0.2%
Public Finance Authority - CHF - Manoa LLC	5.750%	06/17/2049	0.2%
Public Finance Authority - TrIPs Obligated Group	5.000%	07/01/2042	0.2%
New York Transportation Development Corp - Delta Airlines	5.000%	10/01/2035	0.2%
Tender Option Bond Trust Receipts/Certificates - City of Chicago IL Waterworks Revenue	7.710%	11/03/2062	0.2%
New Hampshire Business Finance Authority	5.430%	08/15/2035	0.2%
Port of Port Arthur Navigation District - Motiva Enterprises	3.150%	08/03/2026	0.2%
Allentown Neighborhood Improvement Zone Development Authority	6.000%	05/01/2042	0.2%
Port of Beaumont Navigation District	5.250%	01/01/2054	0.2%
Washington State Housing Finance Commission - Horizon House	6.250%	01/01/2061	0.2%
Grapevine Wash Local District	5.250%	12/01/2044	0.2%
Buffalo & Erie County Industrial Land Development Corp - Catholic Hlth Svcs	5.000%	07/01/2040	0.2%
California Municipal Finance Authority - SDORI Charter School Properties LLC	5.625%	03/01/2045	0.2%
CSCDA Community Improvement Authority - CSCDA- Westgate Apartments	3.000%	10/12/2036	0.2%
Roanoke County Economic Development Authority - Friendship Foundation	5.500%	09/01/2035	0.2%
Tender Option Bond Trust Receipts/Certificates - City of Baltimore MD Water Revenue	6.374%	08/25/2050	0.2%
Verk Industrial Regional Public Infrastructure District - Verk Industrial Regional Public Infrastructure Dist Industrial Park Project Are	6.625%	09/01/2047	0.2%
Guam Government Waterworks Authority	5.500%	07/01/2055	0.2%
Arkansas Development Finance Authority	7.375%	07/01/2034	0.2%
Jefferson County Public Hospital District No 2	6.875%	12/01/2053	0.2%
Chicago Board of Education	5.750%	12/01/2050	0.2%
New York Transportation Development Corp - Delta Airlines	6.000%	04/01/2035	0.2%
Chicago Board of Education	6.250%	12/01/2050	0.2%
CSCDA Community Improvement Authority - CSCDA - Pasadena Portfolio	4.000%	07/13/2051	0.2%
Metropolitan Pier & Exposition Authority	4.000%	06/15/2050	0.2%
South Carolina Jobs-Economic Development Authority - Kiawah Life Plan Village Inc	7.500%	11/15/2053	0.2%
County of Muskingum OH - Genesis Health System Obligated Group	5.000%	02/15/2044	0.2%
Metropolitan Nashville Airport Authority/The	5.500%	07/01/2052	0.2%
City of Charlotte NC	3.000%	06/01/2048	0.2%
Inland Empire Tobacco Securitization Corp - Inland Empire Tobacco Securitization Authority	0.000%	06/01/2036	0.2%
California Community Housing Agency - Sausalito	3.000%	11/06/2056	0.2%
Chicago Board of Education	5.000%	12/01/2034	0.2%
Massachusetts Development Finance Agency - Tufts Medicine Obligated Group	4.000%	07/01/2044	0.2%
New Jersey Economic Development Authority - United Airlines	5.250%	09/15/2029	0.2%
New Hampshire Business Finance Authority - Centurion Foundation Wilkens Avenue LLC	5.000%	09/15/2035	0.2%
Moon Industrial Development Authority - Baptist Homes Society	6.000%	07/01/2045	0.2%
California Public Finance Authority - QSH/MB LLC - Sunrise of Long Beach	6.625%	06/01/2065	0.2%
Public Finance Authority - CHF - Manoa LLC	5.750%	04/12/2059	0.2%
Tender Option Bond Trust Receipts/Certificates - County of Broward FL Convention Center Hotel Revenue	6.790%	01/03/2055	0.2%
New Jersey Economic Development Authority	6.625%	01/01/2045	0.2%
Tulsa Municipal Airport Trust Trustees/OK - American Airlines	6.250%	12/01/2035	0.2%
TSASC Inc/NY	5.000%	06/01/2045	0.2%
Public Finance Authority - Lehigh Valley Health Network Obligated Group	7.250%	12/01/2042	0.2%
Build NYC Resource Corp - TrIPs Obligated Group	5.500%	07/01/2055	0.2%
Capital Trust Agency Inc - Franklin Academy � Series 2020	5.000%	12/15/2050	0.2%
Public Finance Authority - Lehigh Valley Health Network Obligated Group	7.500%	12/01/2052	0.2%
Public Finance Authority - Peapack Senior Living Inc Obligated Group	7.000%	06/01/2061	0.2%
Chicago Board of Education Dedicated Capital Improvement Tax	5.750%	04/01/2048	0.2%
Capital Trust Agency Inc - Renaissance Charter School Inc (2019)	5.000%	06/15/2049	0.2%
Virginia Beach Development Authority - Westminster-Canterbury on Chesapeake Bay Obligated Group	7.000%	09/01/2053	0.2%
State of Illinois	5.500%	05/01/2039	0.2%
New York Transportation Development Corp - LaGuardia Airport	5.250%	01/01/2050	0.2%
Texas Private Activity Bond Surface Transportation Corp - NTE Mobility Partners	5.500%	12/31/2058	0.2%
Tender Option Bond Trust Receipts/Certificates - Los Angeles Municipal Improvement Corp	4.960%	05/03/2055	0.2%
New York Transportation Development Corp - Delta Airlines	5.000%	10/01/2040	0.2%
Grays Harbor County Public Hospital District No 1	6.875%	12/01/2053	0.2%
City of North Las Vegas NV - Apex Moonwater West	6.750%	06/01/2055	0.2%
Florida Development Finance Corp - Renaissance Charter School Inc	6.750%	06/15/2053	0.2%
Astoria Hospital Facilities Authority - Columbia Lutheran Charities Obligated Group	5.250%	08/01/2054	0.2%
Idaho Health Facilities Authority - North Canyon Medical Center Inc	7.000%	11/01/2048	0.2%
Clifton Higher Education Finance Corp - International Leadership of Texas Inc	5.250%	02/15/2049	0.2%
Maryland Economic Development Corp - Port Covington	4.000%	09/01/2050	0.2%
Military Installation Development Authority	4.000%	06/01/2052	0.2%
Parish of St James LA - NuStar Logistics LP	6.350%	10/01/2040	0.2%
Florida Higher Educational Facilities Financing Authority - Jacksonville University	5.000%	06/01/2048	0.2%
Miami-Dade County Industrial Development Authority - CFC MB I LLC	6.250%	01/01/2059	0.2%
Industrial Development Authority of the City of Phoenix Arizona/The - Christian Care Surprise	5.250%	12/01/2055	0.2%
Grays Harbor County Public Hospital District No 1	6.875%	12/01/2049	0.2%
Energy Southeast A Cooperative District - Morgan Stanley	5.750%	11/01/2031	0.2%
Black Ridge Infrastructure Financing District	6.250%	12/01/2054	0.2%
Wisconsin Health & Educational Facilities Authority - Chiara Housing & Services Inc Obligated Group	5.625%	07/01/2045	0.2%
Louisiana Public Facilities Authority - Friends of Lafayette Charter Foundation Inc	6.375%	06/15/2053	0.2%
Tender Option Bond Trust Receipts/Certificates - New York University	6.427%	07/02/2055	0.2%
New York City Industrial Development Agency	3.000%	01/01/2046	0.2%
Tender Option Bond Trust Receipts/Certificates - Rutgers The State University of New Jersey	5.970%	08/16/2053	0.2%
Shelby County Health Educational & Housing Facilities Board - The Farms at Bailey Station	5.750%	10/01/2059	0.2%
Allentown Neighborhood Improvement Zone Development Authority	6.000%	05/01/2042	0.2%
Legacy Community Authority	6.750%	12/01/2055	0.2%
Jefferson County Port Authority/OH - JSW Steel	3.500%	12/01/2051	0.2%
Tender Option Bond Trust Receipts/Certificates - JFK NTO LLC	10.797%	07/02/2055	0.2%
Tender Option Bond Trust Receipts/Certificates - Goldman Sachs	7.250%	04/02/2030	0.2%
Niagara Area Development Corp - Catholic Hlth Svcs	5.000%	07/01/2052	0.2%
Oklahoma Development Finance Authority - Oklahoma City University Obligated Group	5.000%	08/01/2044	0.2%
District of Columbia Tobacco Settlement Financing Corp	0.000%	06/15/2055	0.2%
Iowa Higher Education Loan Authority - University of Dubuque	6.000%	10/01/2055	0.2%
Development Authority of Appling County - Georgia Power Co	3.150%	08/03/2026	0.2%
Tender Option Bond Trust Receipts/Certificates - Metropolitan Transportation Authority	5.340%	11/17/2045	0.2%
CMFA Special Finance Agency - CMFA - Latitude 33	4.000%	05/25/2036	0.2%
City & County of Denver CO - United Airlines	5.000%	10/01/2032	0.2%
Idaho Health Facilities Authority - North Canyon Medical Center Inc	7.125%	11/01/2057	0.2%
American Samoa Economic Development Authority	7.125%	09/01/2038	0.2%
California Public Finance Authority - Marisol HB LLC Obligated Group	5.100%	04/01/2033	0.2%
Empire State Development Corp - New York State Dormitory Authority Sales Tax	3.000%	03/15/2049	0.2%
Commonwealth of Puerto Rico - Puerto Rico CVI	0.000%	11/01/2043	0.2%
Development Authority of Appling County - Georgia Power	3.150%	08/03/2026	0.2%
Maryland Economic Development Corp - Chesapeake Bay Hyatt	5.000%	12/01/2031	0.2%
New York Transportation Development Corp - Thruway Service Area	4.000%	04/30/2053	0.2%
Downtown Revitalization Public Infrastructure District - City of Salt Lake City UT Revitalization Sales Tax Revenue	5.500%	06/01/2055	0.2%
Tender Option Bond Trust Receipts/Certificates - Oklahoma Turnpike Authority	7.850%	01/03/2054	0.2%
Hobe-St Lucie Conservancy District	5.875%	05/01/2055	0.2%
Spring Valley Community Infrastructure District No 1	6.250%	09/01/2053	0.2%
Wisconsin Health & Educational Facilities Authority - Centurion Foundation Se Wisconsin LLC	5.000%	09/15/2035	0.2%
Resort Core Public Infrastructure District No 1	0.000%	03/01/2057	0.2%
New Jersey Economic Development Authority - United Airlines	5.500%	06/01/2033	0.2%
Development Authority for Fulton County - Madrone - MS Student Housing I LLC	5.750%	06/16/2062	0.2%
California Public Finance Authority - Kendal at Ventura	10.000%	05/15/2028	0.2%
West Pace Cooperative District	9.125%	05/01/2039	0.2%
Industrial Development Authority of the City of Phoenix Arizona/The - BASIS School Inc	5.000%	07/01/2045	0.2%
Public Finance Authority - Bancroft Neurohealth/Bancroft Rehabilitation Services Obligated Group	5.125%	06/01/2048	0.2%
Tender Option Bond Trust Receipts/Certificates - New York State Personal Income Tax	6.383%	03/15/2052	0.2%
Chicago Board of Education	5.875%	12/01/2047	0.2%
California Statewide Financing Authority	0.000%	06/01/2046	0.2%
Oklahoma Development Finance Authority - OU Medicine Obligated Group	5.250%	08/15/2048	0.2%
City of North Las Vegas NV - Apex Moonwater West	6.500%	06/01/2045	0.1%
City of Jacksonville FL - Genesis Health Inc Obligated Group - Brooks Rehab	5.000%	11/01/2050	0.1%
Connecticut State Health & Educational Facilities Authority - Hartford Sustainable Energy Partners LLC	5.500%	08/01/2056	0.1%
County of Howard MD - Columbia Vantage House Corp	5.000%	04/01/2046	0.1%
Capital Projects Finance Authority/FL - Trilogy Community Development Foundation Inc Obligated Group	7.125%	01/01/2065	0.1%
Mida Mountain Village Public Infrastructure District	4.000%	08/01/2050	0.1%
STC Metropolitan District No 2	6.250%	12/01/2055	0.1%
Tender Option Bond Trust Receipts/Certificates - New York City Transitional Finance Authority Future Tax Secured Revenue	7.850%	05/03/2052	0.1%
New Jersey Economic Development Authority - Goethals Bridge	5.625%	01/01/2052	0.1%
Maricopa County Industrial Development Authority - Ottawa University	5.500%	10/01/2051	0.1%
Port of Portland OR Airport Revenue	5.500%	07/01/2048	0.1%
Wolf Creek Infrastructure Financing District No 1	5.750%	12/01/2044	0.1%
Rocky Mountain Rail Park Metropolitan District	5.000%	12/01/2051	0.1%
Clifton Higher Education Finance Corp - Aristoi Classical Academy	6.000%	08/15/2050	0.1%
State of Nevada Department of Business & Industry	12.000%	11/02/2026	0.1%
Public Finance Authority - QCF Behavioral Hospital	0.000%	07/01/2064	0.1%
Florida Local Government Finance Commission	6.875%	11/15/2064	0.1%
Iowa Finance Authority - Lifespace Communities Inc Obligated Group	7.500%	05/15/2053	0.1%
Chester County Industrial Development Authority - Collegium Charter School	5.250%	10/15/2047	0.1%
Savannah Georgia Convention Center Authority	6.250%	06/01/2061	0.1%
Capital Trust Agency Inc - Southeastern University Obligated Group	6.375%	05/01/2053	0.1%
State of Illinois	5.500%	05/01/2047	0.1%
Arkansas Development Finance Authority	4.875%	07/01/2036	0.1%
Metropolitan Pier & Exposition Authority	0.000%	12/15/2037	0.1%
Capital Trust Authority - Convivial St Petersburg LLC	12.000%	10/03/2029	0.1%
California Statewide Communities Development Authority - Loma Linda University Medical Center	5.000%	12/01/2046	0.1%
Holmes County Hospital Corp	6.000%	11/01/2038	0.1%
Public Finance Authority - Million Air Three Obligated Group	7.000%	09/01/2054	0.1%
Louisiana Local Government Environmental Facilities & Community Development Auth - St James Place of Baton Rouge	6.250%	11/15/2045	0.1%
Oklahoma Development Finance Authority - OU Medicine Obligated Group	5.000%	08/15/2038	0.1%
Resort Core Public Infrastructure District No 1	5.875%	03/01/2057	0.1%
Kremmling Memorial Hospital District	6.625%	12/01/2056	0.1%
Industrial Development Authority of the County of Pima/The - La Posada at Park Centre Inc Obligated Group	7.000%	11/15/2057	0.1%
City of Jacksonville FL - Jacksonville University	5.000%	06/01/2053	0.1%
California Community Choice Financing Authority - Deutsche Bank	5.250%	10/01/2031	0.1%
Maricopa County Industrial Development Authority - Morrison Education Group Obligated Group	6.500%	07/01/2054	0.1%
Deseret Public Infrastructure District No 2	6.500%	12/01/2055	0.1%
Skagit County Public Hospital District No 1	5.500%	12/01/2054	0.1%
Wisconsin Health & Educational Facilities Authority - Capitol Lakes Inc	6.250%	11/15/2055	0.1%
KD52 Community Development District No 1	5.875%	05/01/2045	0.1%
Chicago O'Hare International Airport	5.500%	01/01/2055	0.1%
State of Illinois	5.500%	03/01/2042	0.1%
Westchester County Local Development Corp - Westchester County Health Care Corp Obligated Group	7.250%	11/01/2045	0.1%
Greater Orlando Aviation Authority	4.000%	10/01/2049	0.1%
South Carolina Jobs-Economic Development Authority - Hampton Regional Medical Center	5.000%	11/01/2046	0.1%
Foothill-Eastern Transportation Corridor Agency	3.950%	01/15/2053	0.1%
Vail Home Partners Corp	6.000%	08/22/2061	0.1%
Parish of St James LA - NuStar Logistics LP	6.350%	07/01/2040	0.1%
CSCDA Community Improvement Authority - CSCDA- Westgate Apartments	4.000%	03/06/2055	0.1%
Southeast Energy Authority A Cooperative District - Morgan Stanley	5.500%	12/01/2029	0.1%
Lynchburg Economic Development Authority - Centra Health Obligated Group	5.500%	01/01/2056	0.1%
Maryland Health & Higher Educational Facilities Authority - TidalHealth Obligated Group	5.500%	07/01/2055	0.1%
California Municipal Finance Authority - Clay Lacy Santa Ana LLC	6.000%	01/01/2055	0.1%
Celebration Pointe Community Development District No 1	5.000%	05/01/2048	0.1%
Tender Option Bond Trust Receipts/Certificates - Lamar Consolidated Independent School District	7.633%	02/17/2059	0.1%
Maryland Economic Development Corp	6.000%	04/16/2057	0.1%
California Municipal Finance Authority - Westside Neighborhood Schools	6.375%	06/15/2064	0.1%
California Municipal Finance Authority - Community Health Centers of The Central Coast Inc	5.750%	12/01/2055	0.1%
Astoria Hospital Facilities Authority - Columbia Lutheran Charities Obligated Group	5.250%	08/01/2049	0.1%
County of Jefferson AL Sewer Revenue - Wts	5.500%	10/01/2053	0.1%
Municipality of Anchorage AK	5.500%	02/01/2056	0.1%
Brooks Development Authority	5.875%	08/15/2052	0.1%
City of Henderson KY - Pratt Paper LLC	4.700%	01/01/2052	0.1%
Westchester County Local Development Corp - Westchester County Health Care Corp Obligated Group	6.500%	11/01/2030	0.1%
Silicon Valley Tobacco Securitization Authority	0.000%	06/01/2036	0.1%
Black Desert Public Infrastructure District	4.000%	03/01/2051	0.1%
New York Liberty Development Corp - 3 World Trade Center	5.150%	11/15/2034	0.1%
Build NYC Resource Corp - RiverSpring Health Senior Living Inc Obligated Group	7.000%	12/15/2055	0.1%
Louisiana Public Facilities Authority - I-10 Calcasieu Bridge	5.500%	09/01/2059	0.1%
Gas Worx Community Development District	6.000%	05/01/2057	0.1%
Parish of Beauregard LA - OfficeMax Inc	6.800%	02/01/2027	0.1%
New York Liberty Development Corp - 3 World Trade Center	5.375%	11/15/2040	0.1%
Public Finance Authority - PRG - Oxford Properties LLC	5.250%	08/08/2058	0.1%
New York Transportation Development Corp - JFK NTO LLC	5.250%	06/30/2049	0.1%
Sierra Vista Industrial Development Authority - American Leadership Academy Inc	5.000%	06/15/2064	0.1%
Connecticut State Health & Educational Facilities Authority - Odd Fellows Home of Connecticut Inc Obligated Group	6.375%	12/15/2061	0.1%
County of Tuscarawas OH - Ashland University	6.000%	03/01/2045	0.1%
Industrial Development Authority of the City of Phoenix Arizona/The - BASIS School Inc	5.000%	07/01/2046	0.1%
Washington State Convention Center Public Facilities District	4.000%	07/01/2058	0.1%
Washington State Convention Center Public Facilities District - Washington State Convention Center Public Facilities Dist Lodging Tax Revenue	3.000%	07/01/2048	0.1%
Tender Option Bond Trust Receipts/Certificates - Christus Health	6.790%	07/03/2053	0.1%
New Hampshire Business Finance Authority	5.750%	04/28/2042	0.1%
Industrial Development Authority of the County of Pima/The - Edkey Inc Charter Schools	5.000%	07/01/2049	0.1%
Downtown Revitalization Public Infrastructure District - City of Salt Lake City UT Revitalization Sales Tax Revenue	5.500%	06/01/2055	0.1%
KD52 Community Development District No 1	6.125%	05/01/2056	0.1%
Southeastern Ohio Port Authority - Marietta Area Health Care Inc Obligated Group	5.500%	12/01/2043	0.1%
Tender Option Bond Trust Receipts/Certificates - Forethought Life Insurance Co	8.902%	10/03/2035	0.1%
Lakewood Ranch Stewardship District	6.300%	05/01/2054	0.1%
County of Denton TX	5.875%	12/31/2045	0.1%
Florida Development Finance Corp - Brightline Trains Florida LLC	12.000%	07/15/2028	0.1%
Industrial Development Board Of The City Of Kingsport Tennessee/The - Domtar Paper Co LLC	5.250%	11/15/2029	0.1%
Grant County Public Hospital District No 1	5.125%	12/01/2052	0.1%
Illinois Finance Authority - DePaul College Prep	5.625%	08/01/2053	0.1%
New York Transportation Development Corp - LaGuardia Airport	4.000%	07/01/2041	0.1%
Wisconsin Health & Educational Facilities Authority - Chiara Housing & Services Inc Obligated Group	6.625%	07/01/2060	0.1%
Westchester County Local Development Corp - Westchester County Health Care Corp Obligated Group	6.250%	11/01/2052	0.1%
Brightline West (Warrant)	0.000%	-	0.1%
Pennsylvania Higher Educational Facilities Authority - University of Pennsylvania Health System Obligated Group/The	5.500%	08/15/2055	0.1%
Tender Option Bond Trust Receipts/Certificates - LifeBridge Health Obligated Group	6.970%	07/03/2054	0.1%
Foothill-Eastern Transportation Corridor Agency	3.500%	01/15/2053	0.1%
Kremmling Memorial Hospital District	6.375%	12/01/2049	0.1%
Metropolitan Transportation Authority	4.000%	11/15/2050	0.1%
Utah Charter School Finance Authority - Freedom Academy Foundation	5.375%	06/15/2048	0.1%
County of Broward FL Port Facilities Revenue	4.000%	09/01/2049	0.1%
Capital Projects Finance Authority/FL - Trilogy Community Development Foundation Inc Obligated Group	7.250%	01/01/2055	0.1%
Montana Facility Finance Authority - St John's Lutheran Ministries Inc Obligated Group	6.125%	11/15/2056	0.1%
State of Illinois	5.500%	10/01/2039	0.1%
Public Finance Authority - Bancroft Neurohealth/Bancroft Rehabilitation Services Obligated Group	4.625%	06/01/2036	0.1%
Mida Cormont Public Infrastructure District	0.000%	06/01/2055	0.1%
Industrial Development Authority of the County of Pima/The - La Posada at Park Centre Inc Obligated Group	6.875%	11/15/2052	0.1%
Mida Mountain Village Public Infrastructure District	6.000%	06/15/2054	0.1%
Port of Port Arthur Navigation District - Motiva Enterprises	3.050%	08/03/2026	0.1%
Wisconsin Health & Educational Facilities Authority - Capitol Lakes Inc	6.375%	11/15/2060	0.1%
Massachusetts Development Finance Agency - CHF Wentworth Inc	5.500%	08/09/2064	0.1%
County of Frederick MD - Mount St Mary's University Inc	6.000%	09/01/2056	0.1%
California Statewide Communities Development Authority - Loma Linda University Medical Center	5.250%	12/01/2048	0.1%
City of Los Angeles Department of Airports - LAX	4.000%	05/15/2050	0.1%
City of Houston TX Airport System Revenue - United Airlines	4.000%	07/15/2041	0.1%
Sierra Vista Industrial Development Authority - American Leadership Academy Inc	5.000%	06/15/2054	0.1%
Connecticut State Health & Educational Facilities Authority - Odd Fellows Home of Connecticut Inc Obligated Group	6.250%	12/15/2053	0.1%
Pennsylvania Economic Development Financing Authority - Penndot Major Bridges	5.750%	06/30/2048	0.1%
Montana Facility Finance Authority - St John's Lutheran Ministries Inc Obligated Group	6.125%	11/15/2061	0.1%
Chicago Board of Education	5.000%	12/01/2036	0.1%
Louisiana Public Facilities Authority - Waste Pro USA Inc	6.500%	10/01/2028	0.1%
Indiana Finance Authority - United States Steel Corp	6.750%	05/01/2039	0.1%
Indiana Finance Authority - SFP-PUFW I LLC	5.250%	12/22/2062	0.1%
New York State Thruway Authority	3.000%	01/01/2051	0.1%
State of Illinois	5.250%	09/01/2048	0.1%
Pennsylvania Turnpike Commission Oil Franchise Tax Revenue	3.000%	12/01/2051	0.1%
Wisconsin Health & Educational Facilities Authority - Sauk-Prairie Memorial Hospital Inc Obligated Group	5.375%	02/01/2048	0.1%
Cabot Citrus Farms Community Development District	5.250%	03/01/2029	0.1%
California Municipal Finance Authority - Community Hospitals of Central California Obligated Group	3.000%	02/01/2046	0.1%
Antelope Valley Healthcare District	5.000%	03/01/2041	0.1%
City of Compton CA Water Revenue	6.000%	08/01/2039	0.1%
Florida Development Finance Corp - Franklin Academy Series 2016 Obligated Group	5.000%	07/15/2046	0.1%
Arlington Higher Education Finance Corp - Newman International Academy	5.500%	08/15/2046	0.1%
Lakewood Ranch Stewardship District	6.000%	05/01/2056	0.1%
Denver Health & Hospital Authority	5.250%	12/01/2045	0.1%
Chester County Health and Education Facilities Authority - Immaculata University	5.000%	11/01/2037	0.1%
Massachusetts School Building Authority	3.000%	08/15/2050	0.1%
Dallas Area Rapid Transit	3.000%	12/01/2047	0.1%
Clifton Higher Education Finance Corp - Aristoi Classical Academy	5.500%	08/15/2045	0.1%
Westchester County Local Development Corp - QSH/Tarrytown LLC	6.500%	12/01/2065	0.1%
New York City Municipal Water Finance Authority - New York City Water & Sewer System	3.100%	08/03/2026	0.1%
Maricopa County Industrial Development Authority - Morrison Education Group Obligated Group	6.250%	07/01/2044	0.1%
South Carolina Jobs-Economic Development Authority - Hampton Regional Medical Center	5.000%	11/01/2042	0.1%
Chester County Health and Education Facilities Authority - Immaculata University	5.000%	11/01/2046	0.1%
Tender Option Bond Trust Receipts/Certificates - Metropolitan Transportation Authority	6.230%	11/16/2055	0.1%
Orange County Community Facilities District - County of Orange CA Community Facilities District No 2025-1 Improvement Area 1	5.000%	08/15/2056	0.1%
Build NYC Resource Corp - East Harlem Scholars Academy Charter School Obligated Group	5.750%	06/01/2062	0.1%
Metropolitan Washington Airports Authority Dulles Toll Road Revenue	4.000%	10/01/2049	0.1%
Mida Mountain Village Public Infrastructure District	5.000%	08/01/2050	0.1%
Florida Development Finance Corp - Renaissance Charter School Inc (2020)	5.000%	09/15/2050	0.1%
West Virginia Hospital Finance Authority - Vandalia Health Inc Obligated Group	6.000%	09/01/2053	0.1%
Westchester County Local Development Corp - Westchester County Health Care Corp Obligated Group	5.000%	11/01/2047	0.1%
New York Liberty Development Corp	3.000%	02/15/2042	0.1%
Inland Valley Development Agency	5.250%	09/01/2037	0.1%
Industrial Development Authority of the City of St Louis Missouri/The - Ballpark Village	4.375%	11/15/2035	0.1%
CSCDA Community Improvement Authority - CSCDA - Dublin Social Bond	4.000%	09/19/2050	0.1%
Avenir Community Development District	5.375%	05/01/2043	0.1%
Prairie Center Metropolitan District No 3	5.875%	12/15/2046	0.1%
Utah City West Public Infrastructure District No 1	5.875%	12/01/2055	0.1%
CSCDA Community Improvement Authority - CSCDA - Jefferson Anaheim	3.125%	07/31/2056	0.1%
Maricopa County Industrial Development Authority - Morrison Education Group Obligated Group	6.625%	07/01/2059	0.1%
Fairfield Community Facilities District - City of Fairfield CA Community Facilities District No 2023-1 Area No 1	5.000%	09/01/2049	0.1%
Florida Local Government Finance Commission	6.750%	11/15/2055	0.1%
County of Denton TX	6.125%	12/31/2055	0.1%
Chicago Board of Education	6.000%	12/01/2041	0.1%
Celebration Pointe Community Development District No 1	3.375%	05/01/2041	0.1%
New Hampshire Business Finance Authority - Hexion Specialty Chemicals	5.625%	12/15/2033	0.1%
Niagara Area Development Corp - Catholic Hlth Svcs	4.500%	07/01/2052	0.1%
New Hampshire Business Finance Authority - Hexion Specialty Chemicals	6.250%	12/15/2038	0.1%
Village Community Development District No 13	3.250%	05/01/2052	0.1%
New York State Dormitory Authority - White Plains Hospital Obligated Group	5.250%	10/01/2049	0.1%
Development Authority Of The City Of Marietta - Life University Inc	5.000%	11/01/2047	0.1%
Colorado Educational & Cultural Facilities Authority - Ascent Classical Academy Charter Schools Inc	5.800%	04/01/2054	0.1%
Virginia Small Business Financing Authority - Covanta Energy	5.000%	07/01/2038	0.1%
Antelope Valley Healthcare District	5.000%	03/01/2046	0.1%
County of Wilson KS - Wilson County Hospital	5.600%	09/01/2036	0.1%
Black Ridge Infrastructure Financing District	5.000%	12/01/2035	0.1%
Silicon Valley Tobacco Securitization Authority	0.000%	06/01/2041	0.1%
New Hampshire Business Finance Authority - National Finance Authority Municipal Certificates Series 2026-1	4.250%	07/20/2041	0.1%
California Public Finance Authority - QSH/MB LLC - Sunrise of Long Beach	6.500%	06/01/2055	0.1%
Washington State Housing Finance Commission - Provident Group-SH I Properties LLC	5.000%	08/05/2052	0.1%
Rockland Tobacco Asset Securitization Corp	0.000%	08/15/2060	0.1%
Inland Empire Tobacco Securitization Corp - Inland Empire Tobacco Securitization Authority	0.000%	06/01/2057	0.1%
Massachusetts Development Finance Agency - Tufts Medicine Obligated Group	5.000%	07/01/2044	0.1%
Deseret Public Infrastructure District No 2	6.125%	12/01/2046	0.1%
Columbus-Franklin County Finance Authority - Ohio Dominican University	6.500%	03/01/2048	0.1%
Iowa Finance Authority - Lifespace Communities Inc Obligated Group	4.000%	05/15/2053	0.1%
Upper San Juan Health Service District Medical Center Revenue	6.125%	06/01/2046	0.1%
Hunt Memorial Hospital District Charitable Health	6.000%	02/15/2041	0.1%
Massachusetts Development Finance Agency - Suffolk University	5.250%	07/01/2055	0.1%
Glendale Industrial Development Authority - Beatitudes Campus/The	5.000%	11/15/2040	0.1%
Ohio Higher Educational Facility Commission - Xavier University	5.250%	05/01/2049	0.1%
California Municipal Finance Authority - Westside Neighborhood Schools	6.200%	06/15/2054	0.1%
County of Denton TX	5.625%	12/31/2055	0.1%
County of Muskingum OH - Genesis Health System Obligated Group	5.000%	02/15/2033	0.1%
Clifton Higher Education Finance Corp - Aristoi Classical Academy	6.000%	08/15/2055	0.1%
Westchester County Local Development Corp - Westchester County Health Care Corp Obligated Group	6.500%	11/01/2055	0.1%
Tulsa Municipal Airport Trust Trustees/OK - American Airlines	5.500%	12/01/2035	0.1%
Development Authority of Cobb County/The - MT Bethel Christian Academy Inc	6.250%	06/01/2055	0.1%
Buffalo & Erie County Industrial Land Development Corp - Catholic Hlth Svcs	4.000%	07/01/2045	0.1%
New Jersey Health Care Facilities Financing Authority - Barnabas Health	3.000%	07/01/2051	0.1%
Mida Mountain Village Public Infrastructure District	5.750%	06/01/2060	0.1%
Florida Development Finance Corp - Renaissance Charter School Inc	6.125%	06/15/2050	0.1%
Build NYC Resource Corp - Kipp NYC Public Charter Schools	5.250%	07/01/2052	0.1%
Florida Development Finance Corp - Renaissance Charter School Inc	6.000%	06/15/2055	0.1%
Maricopa County Industrial Development Authority - Ottawa University	5.250%	10/01/2040	0.1%
State of Illinois	5.250%	05/01/2045	0.1%
Vail Home Partners Corp	5.875%	06/06/2052	0.1%
CSCDA Community Improvement Authority - CSCDA - Orange Portfolio	4.000%	07/23/2052	0.1%
Camden County Improvement Authority/The - KIPP Cooper Norcross Obligated Group	6.000%	06/15/2062	0.1%
Kansas City Industrial Development Authority - City of Kansas City MO	6.000%	01/01/2048	0.1%
Southwestern Illinois Development Authority - United States Steel Corp	5.750%	08/01/2042	0.1%
Public Finance Authority - Inperium	5.500%	12/01/2044	0.1%
Tender Option Bond Trust Receipts/Certificates - JFK NTO LLC	10.798%	07/01/2050	0.1%
Tender Option Bond Trust Receipts/Certificates - University of California	6.457%	05/17/2059	0.1%
Florida Development Finance Corp - Brightline Trains Florida LLC	10.000%	07/15/2028	0.1%
New York Transportation Development Corp - JFK NTO LLC	5.500%	06/30/2054	0.1%
Wisconsin Health & Educational Facilities Authority - Chiara Housing & Services Inc Obligated Group	6.000%	07/01/2060	0.1%
Palm Beach County Health Facilities Authority - Lifespace Communities Inc Obligated Group	7.625%	05/15/2058	0.1%
California Statewide Financing Authority	0.000%	06/01/2055	0.1%
Chicago Board of Education	4.000%	12/01/2043	0.1%
Public Finance Authority - Legacy Hills	5.375%	12/15/2032	0.1%
Arizona Industrial Development Authority - Odyssey Preparatory Academy Inc/The	5.500%	07/01/2052	0.1%
County of Cuyahoga OH - Metrohealth System	5.500%	02/15/2052	0.1%
Cleveland-Cuyahoga County Port Authority	5.875%	01/01/2049	0.1%
Indiana Finance Authority - Marian University Inc/IN	5.125%	09/15/2051	0.1%
California Municipal Finance Authority - Palomar Health	5.000%	11/01/2027	0.1%
Wisconsin Health & Educational Facilities Authority - Wisconsin Masonic Home Obligated Group	5.750%	08/15/2059	0.1%
Washington State Housing Finance Commission - Provident Group-SH I Properties LLC	5.500%	08/09/2057	0.1%
Westchester County Local Development Corp - Westchester County Health Care Corp Obligated Group	5.750%	11/01/2053	0.1%
California Public Finance Authority - Kendal at Ventura	11.000%	05/15/2028	0.1%
Washington State Housing Finance Commission - Seattle Academy of Arts & Sciences	6.250%	07/01/2059	0.1%
California Municipal Finance Authority	3.997%	11/20/2040	0.1%
New York City Industrial Development Agency - TrIPs Obligated Group	5.000%	07/01/2028	0.1%
New Hope Cultural Education Facilities Finance Corp - Bella Vida Forefront Living Obligated Group	6.500%	10/01/2055	0.1%
Puerto Rico Commonwealth Aqueduct & Sewer Authority	4.000%	07/01/2047	0.1%
Hunt Memorial Hospital District Charitable Health	6.000%	02/15/2045	0.1%
Wisconsin Health & Educational Facilities Authority - Centurion Foundation Se Wisconsin LLC	5.000%	09/15/2035	0.1%
Kalamazoo Economic Development Corp - Friendship Village of Kalamazoo Obligated Group	6.250%	08/15/2061	0.1%
Stamford Housing Authority - TJH Senior Living LLC Obligated Group	6.500%	10/01/2055	0.1%
Tobacco Securitization Authority of Southern California - San Diego County Tobacco Asset Securitization Corp	0.000%	06/01/2046	0.1%
West Virginia Hospital Finance Authority - Vandalia Health Inc Obligated Group	6.000%	09/01/2048	0.0%
Kalamazoo Economic Development Corp - Friendship Village of Kalamazoo Obligated Group	6.250%	08/15/2056	0.0%
Louisiana Public Facilities Authority - Friends of Lafayette Charter Foundation Inc	6.000%	06/15/2059	0.0%
Norman Regional Hospital Authority	4.000%	09/01/2037	0.0%
Indiana Finance Authority - Marian University Inc/IN	5.250%	09/15/2056	0.0%
Palm Beach County Health Facilities Authority - Lifespace Communities Inc Obligated Group	5.625%	05/15/2061	0.0%
Anson Education Facilities Corp - Arlington Classics Academy	5.000%	08/15/2045	0.0%
Development Authority of Cobb County/The - MT Bethel Christian Academy Inc	6.250%	06/01/2064	0.0%
City of Reno NV - County of Washoe NV Sales Tax - ReTRAC	0.000%	07/01/2058	0.0%
California Statewide Communities Development Authority - Maison 613 LLC	6.350%	05/09/2049	0.0%
City of New Orleans LA	5.750%	12/01/2055	0.0%
Upper San Juan Health Service District Medical Center Revenue	6.000%	06/01/2041	0.0%
New Hampshire Business Finance Authority	4.168%	01/20/2041	0.0%
Michigan Finance Authority - Bradford Academy	5.000%	09/01/2050	0.0%
Louisiana Public Facilities Authority - Waste Pro USA Inc	6.750%	10/01/2028	0.0%
Colorado Educational & Cultural Facilities Authority - Ascent Classical Academy Charter Schools Inc	5.750%	04/01/2059	0.0%
County of Pasco FL - State of Florida Cigarette Tax Revenue	5.750%	09/01/2054	0.0%
Tobacco Settlement Financing Corp/RI	0.000%	06/01/2052	0.0%
Columbus-Franklin County Finance Authority - Ohio Dominican University	6.500%	03/01/2053	0.0%
City of New Orleans LA	5.500%	12/01/2051	0.0%
Mida Cormont Public Infrastructure District	6.250%	06/01/2055	0.0%
Maryland Economic Development Corp	5.750%	06/17/2049	0.0%
Chicago Board of Education	6.750%	12/01/2030	0.0%
Holmes County Hospital Corp	5.750%	11/01/2026	0.0%
Florida Local Government Finance Commission - Sanctuary At Village On The Isle LLC/The	11.000%	12/22/2030	0.0%
Public Finance Authority - Inperium	6.000%	12/01/2055	0.0%
Iowa Higher Education Loan Authority - University of Dubuque	5.250%	10/01/2040	0.0%
Maryland Economic Development Corp - Chesapeake Bay Hyatt	5.250%	12/01/2031	0.0%
Mida Mountain Village Public Infrastructure District	5.500%	06/01/2055	0.0%
New Hope Cultural Education Facilities Finance Corp - Bella Vida Forefront Living Obligated Group	6.500%	10/01/2060	0.0%
City of Pilot Point TX	6.250%	09/15/2056	0.0%
Rocky Mountain Rail Park Metropolitan District	5.000%	12/01/2041	0.0%
Nassau County Tobacco Settlement Corp	0.000%	06/01/2060	0.0%
Pinery Community Development District	5.875%	05/01/2056	0.0%
Clarksville Public Educational Facilities Board - University of the Ozarks	6.250%	08/01/2056	0.0%
Greenbriar Community Development District	5.700%	05/01/2058	0.0%
Hobe-St Lucie Conservancy District	5.600%	05/01/2044	0.0%
Port of Port Arthur Navigation District - Motiva Enterprises	3.050%	08/03/2026	0.0%
Palmetto Ridge Community Development District	5.375%	05/01/2046	0.0%
North Parkway Municipal Management District No 1	4.750%	09/15/2041	0.0%
District of Columbia Tobacco Settlement Financing Corp	0.000%	06/15/2055	0.0%
Capital Trust Agency Inc - Renaissance Charter School Inc (2019)	5.000%	06/15/2039	0.0%
Mida Mountain Village Public Infrastructure District	5.500%	06/01/2050	0.0%
County of Howard MD - Columbia Vantage House Corp	5.000%	04/01/2044	0.0%
Atlanta Development Authority/The - Georgia Proton Treatment Center	7.000%	01/01/2040	0.0%
New York State Dormitory Authority	3.000%	03/15/2049	0.0%
California Statewide Communities Development Authority - Maison 613 LLC	6.625%	04/22/2058	0.0%
New York Liberty Development Corp - 7 World Trade Center	3.125%	09/15/2050	0.0%
Public Finance Authority - Triad Educational Services Inc	5.250%	06/15/2065	0.0%
Port Authority of New York & New Jersey	5.500%	08/01/2052	0.0%
Lee County Industrial Development Authority/FL - Cypress Cove at Healthpark Florida Obligated Group	5.750%	10/01/2050	0.0%
Downtown Daybreak Public Infrastructure District No 1 - City of South Jordan UT South Station Housing and Transit Reinvestment Zone	5.625%	03/01/2046	0.0%
Public Finance Authority - Million Air	5.375%	06/01/2046	0.0%
California Statewide Communities Development Authority - Loma Linda University Medical Center	5.000%	12/01/2041	0.0%
Tender Option Bond Trust Receipts/Certificates - Oklahoma Turnpike Authority	12.470%	01/03/2054	0.0%
Palmetto Ridge Community Development District	5.800%	05/01/2056	0.0%
Tobacco Settlement Financing Corp/VA	0.000%	06/01/2047	0.0%
Palm Beach County Health Facilities Authority - Lifespace Communities Inc Obligated Group	5.500%	05/15/2051	0.0%
Philadelphia Authority for Industrial Development - Greater Philadelphia Health Action Inc	6.250%	06/01/2055	0.0%
Capital Projects Finance Authority/FL - Provident Group - Continuum Properties LLC	5.000%	12/07/2051	0.0%
County of Monongalia WV - Monongalia County Building Commission Development District No 4	6.000%	06/01/2053	0.0%
Puerto Rico Commonwealth Aqueduct & Sewer Authority	5.000%	07/01/2035	0.0%
Nassau County Tobacco Settlement Corp	5.000%	06/01/2035	0.0%
Aquarion Water Authority	0.000%	08/01/2043	0.0%
Downtown Daybreak Public Infrastructure District No 1 - City of South Jordan UT South Station Housing and Transit Reinvestment Zone	5.875%	03/01/2051	0.0%
Capital Projects Finance Authority/FL - Provident Group - Continuum Properties LLC	5.000%	12/06/2056	0.0%
Public Finance Authority - Million Air Three Obligated Group	6.250%	09/01/2046	0.0%
Michigan Tobacco Settlement Finance Authority	0.000%	06/01/2058	0.0%
Washington State Convention Center Public Facilities District	3.000%	07/01/2058	0.0%
New Jersey Economic Development Authority - Bancroft Neurohealth/Bancroft Rehabilitation Services Obligated Group	5.000%	06/01/2036	0.0%
Aquarion Water Authority	0.000%	08/01/2045	0.0%
Aquarion Water Authority	0.000%	08/01/2047	0.0%
Aquarion Water Authority	0.000%	08/01/2044	0.0%
Greenbriar Community Development District	5.300%	05/01/2046	0.0%
Michigan Finance Authority - Bradford Academy	4.800%	09/01/2040	0.0%
Glendale Industrial Development Authority - Beatitudes Campus/The	5.000%	11/15/2036	0.0%
Illinois Finance Authority - DePaul College Prep	5.500%	08/01/2043	0.0%
Polk County Industrial Development Authority/FL - Mineral Development LLC	5.875%	01/01/2033	0.0%
Maryland Economic Development Corp	5.250%	08/08/2054	0.0%
Washington State Housing Finance Commission - Provident Group-SH I Properties LLC	5.500%	08/09/2042	0.0%
Indiana Finance Authority - SFP-PUFW I LLC	5.000%	08/06/2057	0.0%
Peninsula Town Center Community Development Authority	4.500%	09/01/2045	0.0%
Denver Health & Hospital Authority	6.000%	12/01/2055	0.0%
Capital Projects Finance Authority/FL - Provident Group - Continuum Properties LLC	5.000%	12/07/2046	0.0%
Pinery Community Development District	5.600%	05/01/2046	0.0%
Massachusetts Development Finance Agency - CHF Wentworth Inc	5.375%	08/09/2059	0.0%
Orange County Community Facilities District - County of Orange CA Community Facilities District No 2025-1 Improvement Area 1	5.000%	08/15/2051	0.0%
City of Horace ND	4.500%	05/01/2039	0.0%
Clarksville Public Educational Facilities Board - University of the Ozarks	6.250%	08/01/2049	0.0%
Washington State Housing Finance Commission - Seattle Academy of Arts & Sciences	6.375%	07/01/2063	0.0%
Public Finance Authority - Driftwood Conservation District	0.000%	12/15/2039	0.0%
Silicon Valley Tobacco Securitization Authority	0.000%	06/01/2056	0.0%
American Samoa Economic Development Authority	6.500%	09/01/2028	0.0%
Aquarion Water Authority	0.000%	08/01/2049	0.0%
Capital Trust Authority - Kipp Miami Obligated Group	6.000%	06/15/2054	0.0%
City of Garden City KS	5.375%	06/01/2039	0.0%
Aquarion Water Authority	0.000%	08/01/2046	0.0%
Michigan Finance Authority - Provident Group - HFH Energy LLC	5.500%	02/28/2049	0.0%
Indiana Finance Authority - Marian University Inc/IN	5.000%	09/15/2046	0.0%
California Municipal Finance Authority - SAC Health System	6.000%	09/01/2056	0.0%
California Public Finance Authority - Kendal at Ventura	12.000%	05/15/2028	0.0%
Palm Beach County Health Facilities Authority - Lifespace Communities Inc Obligated Group	7.500%	05/15/2053	0.0%
Utah City West Public Infrastructure District No 1	5.500%	12/01/2046	0.0%
Maryland Economic Development Corp	5.250%	08/07/2049	0.0%
Maricopa County Industrial Development Authority - Morrison Education Group Obligated Group	6.750%	07/01/2063	0.0%
Gas Worx Community Development District	5.750%	05/01/2045	0.0%
Clarksville Public Educational Facilities Board - University of the Ozarks	6.000%	08/01/2044	0.0%
Massachusetts Development Finance Agency - Suffolk University	6.000%	07/01/2050	0.0%
City of Pilot Point TX	6.000%	09/15/2046	0.0%
Capital Projects Finance Authority/FL - Provident Group - Continuum Properties LLC	5.000%	11/01/2040	0.0%
Aquarion Water Authority	0.000%	08/01/2048	0.0%
Antelope Valley Healthcare District	5.250%	03/01/2036	0.0%
Capital Projects Finance Authority/FL - Provident Group - Continuum Properties LLC	5.000%	11/01/2038	0.0%
Public Finance Authority - Triad Educational Services Inc	5.500%	06/15/2055	0.0%
Washington State Housing Finance Commission - Provident Group-SH I Properties LLC	5.500%	08/09/2047	0.0%
Tobacco Securitization Authority of Southern California - San Diego County Tobacco Asset Securitization Corp	0.000%	06/01/2046	0.0%
Stamford Housing Authority - TJH Senior Living LLC Obligated Group	6.250%	10/01/2060	0.0%
County of Monongalia WV - Monongalia County Building Commission Development District No 4	5.750%	06/01/2043	0.0%
Aquarion Water Authority	0.000%	08/01/2051	0.0%
Public Finance Authority - Million Air	5.000%	06/01/2041	0.0%
Industrial Development Authority of the County of Pima/The - Edkey Inc Charter Schools	5.000%	07/01/2055	0.0%
California Statewide Communities Development Authority - Maison 613 LLC	5.850%	02/29/2044	0.0%
Norman Regional Hospital Authority	5.000%	09/01/2045	0.0%
Mida Mountain Village Public Infrastructure District	5.750%	06/15/2044	0.0%
Aquarion Water Authority	0.000%	08/01/2050	0.0%
District of Columbia Tobacco Settlement Financing Corp	0.000%	06/15/2046	0.0%
Peninsula Town Center Community Development Authority	5.000%	09/01/2037	0.0%
Sierra Vista Industrial Development Authority - American Leadership Academy Inc	5.000%	06/15/2059	0.0%
BL Train Holdings West LLC	0.000%	11/26/2035	0.0%
Capital Trust Authority - Kipp Miami Obligated Group	5.625%	06/15/2044	0.0%
Philadelphia Authority for Industrial Development - Greater Philadelphia Health Action Inc	5.750%	06/01/2050	0.0%
Capital Trust Authority - Kipp Miami Obligated Group	6.125%	06/15/2060	0.0%
Palm Beach County Health Facilities Authority - Lifespace Communities Inc Obligated Group	5.125%	05/15/2046	0.0%
Monroe Tobacco Asset Securitization Corp	0.000%	06/01/2061	0.0%
Lee County Industrial Development Authority/FL - Cypress Cove at Healthpark Florida Obligated Group	6.000%	10/01/2061	0.0%
Erie Tobacco Asset Securitization Corp	0.000%	06/01/2060	0.0%
Public Finance Authority - Delray Beach Radiation Therapy Center	6.850%	11/01/2046	0.0%
New York Transportation Development Corp - American Airlines	5.000%	08/01/2026	0.0%
Atlanta Development Authority/The - Georgia Proton Treatment Center	6.750%	01/01/2035	0.0%
New York City Municipal Water Finance Authority - New York City Water & Sewer System	3.000%	08/03/2026	0.0%
Downtown Doral South Community Development District - Downtown District	4.750%	12/15/2038	0.0%
Grandview Industrial Development Authority	5.750%	12/01/2028	0.0%
Westchester County Local Development Corp - QSH/Tarrytown LLC	6.375%	12/01/2055	0.0%
Plymouth Educational Center Charter School	5.375%	11/01/2030	0.0%
Michigan Public Educational Facilities Authority - Crescent Academy	7.000%	10/01/2036	0.0%
Arborwood Community Development District	6.900%	05/01/2036	0.0%
Michigan Finance Authority - Bradford Academy	4.300%	09/01/2030	0.0%
Commonwealth of Puerto Rico - Puerto Rico CVI	0.000%	11/01/2051	0.0%
County of Monongalia WV - Monongalia County Building Commission Development District No 4	5.000%	06/01/2033	0.0%
Tern Bay Community Development District	5.375%	05/01/2037	0.0%
GDB Debt Recovery Authority of Puerto Rico	7.500%	08/20/2040	0.0%
Public Finance Authority - Proton International Alabama LLC	6.850%	10/01/2047	0.0%
Magnolia West Community Development District	5.350%	05/01/2037	0.0%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue	4.329%	07/01/2040	0.0%
Arborwood Community Development District	6.900%	05/01/2036	0.0%
Florida Development Finance Corp - Palm Bay Academy Inc	6.375%	02/01/2018	0.0%
Florida Development Finance Corp - Palm Bay Academy Inc	0.000%	05/15/2037	0.0%

Dividends & Cap Gains

Dividend Payments

For

YTD Dividends Paidas of 09/18/2026: $0.34654
Dividend Frequency: Monthly (Daily Accrual)

Record Date	Ex-Dividend Date	Reinvest & Payable Date	Dividend	Reinvest Price
Daily	Daily	08/31/2026	$0.04273	$10.52
Daily	Daily	07/31/2026	$0.04245	$10.58
Daily	Daily	06/30/2026	$0.04455	$10.81
Daily	Daily	05/31/2026	$0.04301	$10.70
Daily	Daily	04/30/2026	$0.04254	$10.65
Daily	Daily	03/31/2026	$0.04356	$10.55
Daily	Daily	02/28/2026	$0.04332	$10.79
Daily	Daily	01/31/2026	$0.04438	$10.69

Upcoming Dividend Payment Dates

This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.

Record Date	Ex-Dividend Date	Reinvest & Payable Date
Daily	Daily	09/30/2026
Daily	Daily	10/31/2026
Daily	Daily	11/30/2026
Daily	Daily	12/31/2026

Fees & Expenses

Sales Charge Schedule as of 09/18/2026

	Sales Charge	Dealer's Concession	Prices at Breakpoint
Less than $100,000	2.25%	2.00%	$10.53
$100,000 to $249,999	1.75%	1.50%	$10.47
Greater than $250,000	0.00%	1.00%	$10.29

Class A shares purchased without a sales charge (commissionable NAV) prior to 12/1/2021 will be subject to a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the purchase falls. However, effective 12/1/2021, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed before the first day of the month of the 18-month anniversary of the purchase. Prior to 12/1/2021 purchases between $250,000 - $499,999 were subject to a front-end sales charge.

For Sales Charge Reductions and Waivers View Full Disclosure

SALES CHARGE REDUCTIONS AND WAIVERS

Please inform the fund company or your financial intermediary at the time of your purchase of fund shares if you believe you qualify for a reduced front-end sales charge.

Reducing Your Class A Share Front-End Sales Charge
You may purchase Class A shares at a discount if you qualify under the circumstances outlined below. To receive a reduced front-end sales charge, you must let the fund or your financial intermediary know at the time of your purchase of fund shares that you believe you qualify for a discount. If you or a related party have holdings of eligible funds (as defined below) in other accounts with your financial intermediary or with other financial intermediaries that may be combined with your current purchases in determining the sales charge as described below, you must inform a fund or your financial intermediary. You may be asked to provide supporting account statements or other information to allow us or your financial intermediary to verify your eligibility for a discount. If you or your financial intermediary do not notify a fund or provide the requested information, you may not receive the reduced sales charge for which you otherwise qualify. Class A shares may be purchased at a discount if you qualify under either of the following conditions:

Rights of Accumulation - A Purchaser (as defined below) may combine thevalue of Class A, A1, C, F, and P shares of any Eligible Fund currentlyowned with a new purchase of Class A shares of any Eligible Fund in orderto reduce the sales charge on the new purchase. Class F3, I, R2, R3, R4, R5,and R6 share holdings may not be combined for these purposes.To the extent that your financial intermediary is able to do so, the value ofClass A, A1, C, F, and P shares of Eligible Funds determined for the purposeof reducing the sales charge of a new purchase under the Rights ofAccumulation will be calculated at the higher of: (1) the aggregate currentmaximum offering price of your existing Class A, A1, C, F, and P shares ofEligible Funds; or (2) the aggregate amount you invested in such shares(including dividend reinvestments but excluding capital appreciation) less anyredemptions. You should retain any information and account recordsnecessary to substantiate the historical amounts you and any relatedPurchasers have invested in Eligible Funds. You must inform the Fund and/or your financial intermediary at the time of purchase if you believe yourpurchase qualifies for a reduced sales charge and you may be requested toprovide documentation of your holdings in order to verify your eligibility. Ifyou do not do so, you may not receive all sales charge reductions for whichyou are eligible.
Letter of Intention — In order to reduce your Class A front-end salescharge, a Purchaser may combine purchases of Class A, A1, C, F, and Pshares of any Eligible Fund the Purchaser intends to make over the next13 months in determining the applicable sales charge. The 13-month Letterof Intention period commences on the day that the Letter of Intention isreceived by the Fund, and the Purchaser must tell the Fund that laterpurchases are subject to the Letter of Intention. Purchases submitted prior tothe date the Letter of Intention is received by the Fund are not countedtoward the sales charge reduction. Current holdings under Rights ofAccumulation may be included in a Letter of Intention in order to reduce thesales charge for purchases during the 13-month period covered by the Letterof Intention. Shares purchased through reinvestment of dividends ordistributions are not included. Class F3, I, R2, R3, R4, R5, and R6 shareholdings may not be combined for these purposes. Class A and A1 shares valued at up to 5% of the amount of intended purchases are escrowed andmay be redeemed to cover the additional sales charges payable if the intendedpurchases under the Letter of Intention are not completed. The Letter ofIntention is neither a binding obligation on you to buy, nor on the Fund tosell, any or all of the intended purchase amount.

Purchaser — A Purchaser includes: (1) an individual; (2) an individual, his or her spouse, domestic partner, and childrenunder the age of 21; (3) retirement and benefit plansincluding a 401(k) plan, profit-sharing plan, moneypurchase plan, defined benefit plan, and 457(b) plan sponsored by a governmental entity, non-profitorganization, school district or church to which employer contributions are made, as well as SIMPLE IRAplans and SEP-IRA plans; or (4) a trustee or other fiduciary purchasing shares for a single trust, estate orsingle fiduciary account or a trust established by the individual as grantor. An individual may include underitem (1) his or her holdings in Eligible Funds as described below in IRAs, as a sole participant of aretirement and benefit plan sponsored by the individual’s business, and as a participant in a 403(b) plan towhich only pre-tax salary deferrals are made. An individual, his or her spouse, and domestic partner mayinclude under item (2) their holdings in IRAs, and as the sole participants in retirement and benefit planssponsored by a business owned by either or both of them. A retirement and benefit plan under item (3)includes all qualified retirement and benefit plans of a single employer and its consolidated subsidiaries,and all qualified retirement and benefit plans of multiple employers registered in the name of a singlebank trustee.

Eligible fund — An eligible fund is any Lord Abbett-sponsored fund except for (1) each portfolio of Lord Abbett Series Fund, Inc., (2) Lord Abbett U.S. Government & Government Sponsored Enterprises Money Market Fund, Inc. ("Money Market Fund") (except for holdings in Money Market Fund, which are attributable to any shares exchanged from the Lord Abbett-sponsored funds), and (3) any other fund the shares of which are not available to the investor at the time of the transaction due to a limitation on the offering of a fund's shares.

Front-end Sales Charge Waivers
Class A shares may be purchased without a front-end sales charge under any of the following conditions:

purchases of $1 million or more (may be subject to a CDSC);
purchases by retirement and benefit plans with at least 100 eligible employees (may be subject to a CDSC);
purchases for retirement and benefit plans made through financial intermediaries that perform participant recordkeeping or other administrative services for the plans and that have entered into special arrangements with a fund and/or Lord Abbett Distributor specifically for such purchases (may be subject to a CDSC);
purchases made by or on behalf of financial intermediaries for clients that pay the financial intermediaries fees in connection with fee-based advisory program, provided that the financial intermediaries or their trading agents have entered into special arrangements with a fund and/or Lord Abbett Distributor specifically for such purchases; and
certain other types of investors may qualify to purchase Class A share without a front-end sales charge as described in the Statement of Additional Information (SAI).

Expense Ratioas of 08/31/2026

Fund Gross Expense Ratio	0.84%
Fund Net Expense Ratio	0.84%
Adjusted Expense Ratio	0.76%

Adjusted Expense Ratio excludes certain interest and related expenses from certain of the Fund's investments.

Fund Documents

0Documents selected
Portfolio Holdings 1Q Publish Date:11/03/2015
Portfolio Holdings 3Q Publish Date:11/03/2015
Summary Prospectus Publish Date:11/03/2015
Statutory Prospectus Publish Date:11/03/2015
SAI Publish Date:11/03/2015
Annual Financial Statements and Other Information * Publish Date:11/03/2015
2025 Annual Tailored Shareholder Report Publish Date:11/03/2015
2026 Semi-Annual Tailored Shareholder Report Publish Date:11/03/2015
Semi-Annual Financial Statements and Other Information * Publish Date:11/03/2015
Fact Sheet Publish Date:11/03/2015
Commentary Publish Date:11/03/2015

* includes items 7-11 of form N-CSR as required, if any.

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IMPORTANT INFORMATION

The 30-Day Standardized Yield represents net investment income earned by a fund over a 30-day period. It is expressed as an annual percentage rate using a method of calculation adopted by the Securities and Exchange Commission (SEC). Yields for other share classes will vary.

The 30-day Standardized Subsidized yields reflect fee waivers in effect. Without such fee waivers, yields would be reduced.

The 30-day Standardized Unsubsidized yield does not reflect fee waivers.

Average Yield to Worst is a measure of the lowest possible yield that can be received on a bond with an early retirement provision.

IMPORTANT INFORMATION

A Note about Risk: The Fund invests substantially in high-yield securities which carry increased risks of price volatility, illiquidity, and the possibility of default in the timely payment of interest and principal. High-yield municipal bonds are subject to greater risk of loss of income and principal than higher-rated securities, and are likely to be more sensitive to adverse economic changes or individual municipal developments than those of higher-rated securities. In addition, because the Fund is nondiversified, it will be more exposed to risks from a single adverse economic, political, or regulatory event than a diversified fund. A portion of the income derived from the Fund's portfolio may be subject to the alternative minimum tax. Any capital gains realized may be subject to taxation. Federal, state, and local taxes may apply. There is a risk that a bond issued as tax-exempt may be reclassified by the IRS as taxable, creating taxable rather than tax-exempt income. In addition, the Fund is subject to other types of risks, such as call, credit, liquidity, interest rate, and general market risks. The Fund may invest in Puerto Rico and other U.S. territories, commonwealths, and possessions, and may be affected by local, state, and regional factors. These may include, for example, economic or political developments, erosion of the tax base, and the possibility of credit problems. These factors can affect Fund performance.

Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance quoted. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

Class A Except as noted below, returns with sales charges reflect a maximum sales charge of 5.75% for equity funds, 2.25% for all tax-free income funds, fixed income funds and multi-asset class funds. There are also ongoing 12b-1 service fees (and, in certain cases, distribution fees).

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, effective 12/1/2021, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed before the first day of the month of the 18-month anniversary of the purchase. Fund shares purchased without a sales charge prior to 12/1/2021 may be assessed a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

With Sales Charge - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested.

Without Sales Charge - Returns shown are without sales charges and have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.

Returns shown at less than a year reflect aggregate total returns.

Double-Digit Returns - instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.

The Bloomberg High Yield Municipal Bond Index is an unmanaged index consisting of noninvestment-grade, unrated or below Ba1 bonds.

Indexes reflect total return, unless otherwise specified, with all dividends reinvested. Indexes are unmanaged, do not reflect the deduction of fees or expenses, and are not available for direct investment.

Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. The average return for the peer group is based on the returns of each individual fund within the group for the period shown. This average assumes reinvestment of dividends.

Fund Expense Ratio Detail: Reflects expenses for the Fund's fiscal year-end and is subject to change. Fund expenses may fluctuate with market volatility. A substantial reduction in Fund assets (since its most recently completed fiscal year), whether caused by market conditions or significant redemptions or both, will likely cause total operating expenses (as a percentage of Fund assets) to become higher than those shown.

Lipper Category Average Expense Ratio reflects the average net expenses of Class A shares of all funds with in the peer group based on Lipper data available.

The net expense ratio takes into account deductions for certain interest and related expenses from certain of the Fund's investments. Under accounting rules, the Fund recognized additional income in an amount that directly offsets these interest and related expenses. Therefore, the Fund's total returns and net asset value were not affected by such interest and related expenses.

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Dividends and Capital Gains: The information presented in this section is intended for general information and is not intended to be relied upon and should not be relied upon, as financial, legal or tax advice for any particular investor. We strongly recommend that you contact your financial, legal or tax advisor regarding your particular tax situation.

The information presented in this section is not written or intended to be used, and cannot be used, for the purpose of avoiding any tax liabilities or penalties.

Tracked Funds

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Summary

Summary

What is the High Income Municipal Bond Fund?

The Fund seeks to deliver a high level of income exempt from federal income tax by investing primarily in lower-rated municipal bonds.

Yields

Average Yield to Worst as of 08/31/2026

Distribution Yield as of 09/18/2026

30 Day Standardized yield 1 as of 08/31/2026

Fund Basicsas of 08/31/2026

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

Credit Quality Distribution as of 08/31/2026

INVESTMENT TEAM

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Performance

Performance

Average Yield to Worst as of 08/31/2026

Distribution Yield as of 09/18/2026

30-Day Standardized Yield 1 as of 08/31/2026

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

Fund Expense Ratio :

Gross 0.84%

Net 0.84%

Growth of $10,000 as of 08/31/2026

NAV Historical Prices

Portfolio

Portfolio

PORTFOLIO BREAKDOWN as of 08/31/2026

PORTFOLIO BREAKDOWN as of 08/31/2026

PORTFOLIO BREAKDOWN as of 08/31/2026

Credit QUALITY DISTRIBUTION as of 08/31/2026

Portfolio Details as of 08/31/2026

Holdings as of07/31/2026

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

Upcoming Dividend Payment Dates

Fees & Expenses

Fees & Expenses

Sales Charge Schedule as of 09/18/2026

Expense Ratioas of 08/31/2026

Fund Documents

Fund Documents

Coming Soon.......

30 Day Standardized yield ¹ as of 08/31/2026

30-Day Standardized Yield ¹ as of 08/31/2026