National Tax Free Fund

LTNSX

Track this Fund

Add to Hypo Tool

Daily price w/o sales charge as of 04/22/2021

$12.13

$0.01

YTD Returns w/o sales charge as of 04/22/2021

1.45%

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

Click here to view all legal text including risk information

Summary

What is the National Tax Free Fund?

The Fund seeks to deliver a high level of income exempt from federal taxation by investing primarily in investment grade municipal bonds with select exposure to lower-rated municipal bonds.

Yield

Dividend Yield ¹ as of 04/22/2021

w/o sales charge

1.85%

30-Day Standardized Yield ² as of 03/31/2021

0.73%

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

Fund Basicsas of 03/31/2021

Total Net Assets: $4.12 B
Inception Date: 07/15/1996
Dividend Frequency: Monthly
Fund Expense Ratio: 1.35%
Number of Holdings: 880
Minimum Initial Investment: $1,000+

Fund Expense Ratio :

1.35%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 07/15/1996

w/o sales charge	0.00%	7.92%	4.72%	3.36%	4.91%	4.15%
Lipper Category Avg. General & Insured Municipal Debt Funds	-0.09%	6.74%	4.66%	3.38%	4.60%	-
Bloomberg Barclays Municipal Bond Index	-0.35%	5.51%	4.91%	3.49%	4.54%	-
w/ sales charge	-1.00%	7.92%	4.72%	3.36%	4.91%	4.15%

Fund Expense Ratio :

1.35%

Fund Expense Ratio :

1.35%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 07/15/1996

w/o sales charge	0.00%	7.92%	4.72%	3.36%	4.91%	4.15%
Lipper Category Avg. General & Insured Municipal Debt Funds	-0.09%	6.74%	4.66%	3.38%	4.60%	-
Bloomberg Barclays Municipal Bond Index	-0.35%	5.51%	4.91%	3.49%	4.54%	-
w/ sales charge	-1.00%	7.92%	4.72%	3.36%	4.91%	4.15%

Fund Expense Ratio :

1.35%

The performance quoted represents past performance, which is no indication 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. Therefore, there can be no assurance for future results.

Credit Quality Distribution as of 03/31/2021 View Portfolio

Rating	Assets
A-2/MIG2
AAA
AA
A
BBB
< BBB
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.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. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

INVESTMENT TEAM

Daniel S. Solender, CFA

Partner & Director

33 Years of Industry Experience

Gregory M. Shuman, CFA

Managing Director, Portfolio Manager

10 Years of Industry Experience

Supported By 16 Investment Professionals with 14 Years Avg. Industry Experience

Contact a Representative

To contact your representative, enter your zip code and select your channel below.

Performance

Dividend Yield ¹ as of 04/22/2021

w/o sales charge

1.85%

30-Day Standardized Yield ² as of 03/31/2021

	Subsidized⁵	Un-Subsidized⁶
w/o sales charge	0.73%	0.73%

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

Fund Expense Ratio :

1.35%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 07/15/1996

w/o sales charge	0.00%	7.92%	4.72%	3.36%	4.91%	4.15%
Lipper Category Avg. General & Insured Municipal Debt Funds	-0.09%	6.74%	4.66%	3.38%	4.60%	-
Bloomberg Barclays Municipal Bond Index	-0.35%	5.51%	4.91%	3.49%	4.54%	-
w/ sales charge	-1.00%	7.92%	4.72%	3.36%	4.91%	4.15%

Fund Expense Ratio :

1.35%

Fund Expense Ratio :

1.35%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 07/15/1996

w/o sales charge	0.00%	7.92%	4.72%	3.36%	4.91%	4.15%
Lipper Category Avg. General & Insured Municipal Debt Funds	-0.09%	6.74%	4.66%	3.38%	4.60%	-
Bloomberg Barclays Municipal Bond Index	-0.35%	5.51%	4.91%	3.49%	4.54%	-
w/ sales charge	-1.00%	7.92%	4.72%	3.36%	4.91%	4.15%

Fund Expense Ratio :

1.35%

Year	Fund Returns	Bloomberg Barclays Municipal Bond Index

2020	4.20%	5.21%
2019	8.60%	7.54%
2018	0.19%	1.28%
2017	6.40%	5.45%
2016	-0.35%	0.25%
2015	2.64%	3.30%
2014	12.22%	9.05%
2013	-6.71%	-2.55%
2012	13.02%	6.78%
2011	10.35%	10.70%
2010	1.49%	-
2009	23.82%	-
2008	-15.90%	-
2007	-2.06%	-
2006	3.98%	-
2005	3.01%	-
2004	3.15%	-
2003	4.01%	-
2002	8.18%	-
2001	3.47%	-

Year	Q1	Q2	Q3	Q4	Yearly Returns

2021	0.00%	-	-	-	1.45%
2020	-3.45%	3.07%	1.39%	3.26%	4.20%
2019	3.31%	2.67%	1.97%	0.41%	8.60%
2018	-1.27%	1.11%	-0.41%	0.79%	0.19%
2017	1.71%	1.94%	1.52%	1.09%	6.40%
2016	1.89%	3.34%	-0.20%	-5.17%	-0.35%
2015	1.00%	-1.37%	1.28%	1.74%	2.64%
2014	4.56%	3.43%	2.03%	1.70%	12.22%
2013	0.42%	-4.88%	-2.18%	-0.16%	-6.71%
2012	4.60%	2.58%	3.62%	1.66%	13.02%
2011	-0.26%	4.85%	3.24%	2.21%	10.35%
2010	2.07%	1.39%	4.43%	-6.10%	1.49%
2009	7.15%	5.71%	10.74%	-1.28%	23.82%
2008	-2.11%	0.40%	-6.31%	-8.66%	-15.90%
2007	0.46%	-0.73%	-0.62%	-1.18%	-2.06%
2006	0.09%	-0.29%	3.02%	1.14%	3.98%
2005	0.02%	3.09%	-0.54%	0.44%	3.01%
2004	1.54%	-3.39%	3.76%	1.34%	3.15%
2003	0.77%	2.70%	-1.00%	1.51%	4.01%
2002	0.84%	2.86%	4.99%	-0.65%	8.18%
2001	1.35%	0.26%	2.72%	-0.87%	3.47%
2000	3.18%	0.96%	1.94%	5.44%	11.97%
1999	0.85%	-2.77%	-2.48%	-1.84%	-6.14%
1998	0.87%	1.63%	3.09%	-0.08%	5.60%
1997	-0.65%	3.38%	3.39%	2.95%	9.31%
1996	-	-	-	2.29%	5.04%

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

NAV Historical Prices

Date	Net Asset Value

Portfolio

Sector	Assets
Transportation
IDR/PCR
Healthcare/Hospital
Lease
GO Local
Special Tax
GO State
Education
Water & Sewer
Housing
Power
Pre-Refunded
VRDN
Other
Muni_Pre-Refunded
Muni_Solid_Waste/Res_Recovery

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

Maturity	Assets
<1 Year
1-3 Years
3-5 Years
5-7 Years
7-9 Years
9-12 Years
12-15 Years
15-18 Years
18-25 Years
25-30 Years
30+ Years

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

State	Assets
NY
CA
IL
NJ
PA
TX
FL
OH
GA
AL
CT
LA
MD
Puerto Rico
AZ
MA
CO
MO
MI
KY
VA
TN
HI
NE
IN
MN
NC
SC
WI
IA
DC
NH
NV
AR
OK
OR
WY
NM
WA
ME
MT
VT
UT
WV
OT
Other U.S. Territories

Credit Quality Distribution as of 03/31/2021

Rating	Assets
A-2/MIG2
AAA
AA
A
BBB
< BBB
Not Rated

Portfolio Positioning as of 12/31/2020

§Relative to its benchmark, the Bloomberg Barclays Municipal Bond Index, the portfolio is underweight bonds in the 1- to 15-year maturity range, while maintaining an overweight to longer maturity bonds.
The Fund is overweight the industrial development sector which we believe stands to benefit from better-than-expected corporate earnings and the Federal Reserve’s support for the corporate bond market.
The strong underlying credit quality of the municipal market and the ability of issuers in different sectors to respond to the challenges posed by the virus have supported the market’s recovery thus far and may continue to drive positive returns. The CARES Act and positive developments on the vaccine front have also created tailwinds.
In terms of quality, we anticipate outperformance of lower tiered credits as they have lagged higher quality credits in the recovery thus far.

Portfolio Details as of 03/31/2021

Total Net Assets: $4.12 B
Number of Issues: 880
Average Coupon: 4.5%
Average Effective Maturity: 19.8 Years
Average Effective Duration: 7.08 Years

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

Average Coupon - The weighted average annual rate of interest on a bond’s face value that the issuer agrees to pay the holder until maturity for all the securities in a portfolio.

Average Effective Maturity - The length of time until the average security in a portfolio will mature or be redeemed by its issuer in proportion to its dollar value. 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.

Holding	Coupon	Maturity	Assets

Buckeye Tobacco Settlement Financing Authority	5.000%	06/01/2055	1.1%
Kansas City Industrial Development Authority	5.000%	03/01/2054	0.7%
Lower Alabama Gas District/The	5.000%	09/01/2046	0.7%
Puerto Rico Sales Tax Financing Corp Sales Tax Rev	5.000%	07/01/2058	0.7%
Duluth Economic Development Authority	5.250%	02/15/2058	0.6%
Hampton Roads Transportation Accountability Commis	5.250%	07/01/2060	0.6%
Louisiana Local Government Environmental Facilitie	3.500%	11/01/2032	0.6%
City of Chicago IL	6.000%	01/01/2038	0.6%
New York City Housing Development Corp	2.550%	11/01/2045	0.6%
New Jersey Transportation Trust Fund Authority	4.000%	06/15/2050	0.5%

% of Total Assets			6.7%

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.

Holding	Coupon	Maturity	Assets

Buckeye Tobacco Settlement Financing Authority	5.000%	06/01/2055	1.1%
Kansas City Industrial Development Authority	5.000%	03/01/2054	0.7%
Lower Alabama Gas District/The	5.000%	09/01/2046	0.7%
Puerto Rico Sales Tax Financing Corp Sales Tax Rev	5.000%	07/01/2058	0.7%
Duluth Economic Development Authority	5.250%	02/15/2058	0.6%
Hampton Roads Transportation Accountability Commis	5.250%	07/01/2060	0.6%
Louisiana Local Government Environmental Facilitie	3.500%	11/01/2032	0.6%
City of Chicago IL	6.000%	01/01/2038	0.6%
New York City Housing Development Corp	2.550%	11/01/2045	0.6%
New Jersey Transportation Trust Fund Authority	4.000%	06/15/2050	0.5%
Salt Verde Financial Corp	5.000%	12/01/2037	0.5%
Connecticut State Health & Educational Facilities	4.000%	07/01/2049	0.5%
Metropolitan Transportation Authority	4.000%	11/15/2043	0.5%
New York Transportation Development Corp	5.250%	01/01/2050	0.5%
Metropolitan Nashville Airport Authority/The	4.000%	07/01/2049	0.5%
Health & Educational Facilities Authority of the S	4.000%	06/01/2053	0.5%
California Housing Finance	4.000%	03/20/2033	0.5%
State of Hawaii Department of Budget & Finance	3.200%	07/01/2039	0.5%
New York City Transitional Finance Authority Futur	0.020%	08/01/2042	0.5%
New York State Urban Development Corp	3.000%	03/15/2050	0.4%
Commonwealth Financing Authority	4.000%	06/01/2039	0.4%
New York City Transitional Finance Authority Futur	3.000%	02/01/2051	0.4%
North Carolina Turnpike Authority	4.000%	01/01/2037	0.4%
California Municipal Finance Authority	4.000%	12/31/2047	0.4%
Central Plains Energy Project	5.000%	09/01/2042	0.4%
Metropolitan Transportation Authority	5.250%	11/15/2055	0.4%
City of Chicago IL	5.500%	01/01/2049	0.4%
Riverside County Redevelopment Successor Agency	0.000%	10/01/2041	0.4%
Chicago O'Hare International Airport	4.000%	01/01/2044	0.4%
New York Transportation Development Corp	5.000%	01/01/2033	0.4%
New Jersey Transportation Trust Fund Authority	5.000%	06/15/2046	0.4%
California Pollution Control Financing Authority	5.000%	11/21/2045	0.4%
New Jersey Transportation Trust Fund Authority	4.000%	06/15/2044	0.4%
Public Authority for Colorado Energy	6.500%	11/15/2038	0.4%
New York Transportation Development Corp	5.000%	10/01/2040	0.3%
State of Hawaii Airports System Revenue	5.000%	07/01/2048	0.3%
County of Trimble KY	3.750%	06/01/2033	0.3%
Foothill-Eastern Transportation Corridor Agency	3.500%	01/15/2053	0.3%
Kentucky Public Energy Authority	4.000%	02/01/2050	0.3%
State of Ohio	4.000%	01/15/2050	0.3%
Pennsylvania Higher Educational Facilities Authori	4.000%	08/15/2049	0.3%
Metropolitan Transportation Authority	5.000%	11/15/2050	0.3%
Tennessee Energy Acquisition Corp	5.625%	09/01/2026	0.3%
Long Beach Bond Finance Authority	5.500%	11/15/2037	0.3%
New Jersey Transportation Trust Fund Authority	0.000%	12/15/2029	0.3%
Metropolitan Pier & Exposition Authority	0.000%	12/15/2036	0.3%
San Joaquin Hills Transportation Corridor Agency	5.000%	01/15/2050	0.3%
County of Campbell WY	3.625%	07/15/2039	0.3%
Maryland Health & Higher Educational Facilities Au	6.250%	07/01/2031	0.3%
Main Street Natural Gas Inc	5.000%	05/15/2049	0.3%
New Mexico Municipal Energy Acquisition Authority	5.000%	11/01/2039	0.3%
Chicago O'Hare International Airport	5.000%	01/01/2048	0.3%
City of Baltimore MD	5.000%	07/01/2046	0.3%
Chicago O'Hare International Airport	5.000%	01/01/2053	0.3%
Maryland Health & Higher Educational Facilities Au	5.500%	01/01/2046	0.3%
Chicago Transit Authority Sales Tax Receipts Fund	5.250%	12/01/2049	0.3%
Commonwealth of Pennsylvania	4.000%	09/15/2030	0.3%
Tobacco Securitization Authority of Southern Calif	5.000%	06/01/2048	0.3%
County of Miami-Dade FL Aviation Revenue	5.000%	10/01/2034	0.3%
New York City Industrial Development Agency	5.000%	07/01/2028	0.3%
Maine Health & Higher Educational Facilities Autho	7.500%	07/01/2032	0.3%
Port Authority of New York & New Jersey	4.000%	07/15/2060	0.3%
Metropolitan Boston Transit Parking Corp	5.250%	07/01/2033	0.3%
City of Philadelphia PA	5.000%	08/01/2036	0.3%
County of Cook IL	5.000%	11/15/2024	0.3%
Metropolitan Transportation Authority	5.250%	11/15/2044	0.3%
Nebraska Educational Health Cultural & Social Serv	4.000%	01/01/2049	0.3%
Chicago O'Hare International Airport	5.000%	01/01/2052	0.3%
Pennsylvania Turnpike Commission	5.000%	06/01/2029	0.3%
Tobacco Settlement Financing Corp	5.250%	06/01/2046	0.3%
New York City Transitional Finance Authority Build	5.000%	07/15/2030	0.3%
Foothill-Eastern Transportation Corridor Agency	6.000%	01/15/2049	0.3%
County of Osceola FL Transportation Revenue	4.000%	10/01/2054	0.3%
State of California	5.000%	02/01/2033	0.3%
State of Connecticut	5.000%	11/01/2027	0.3%
State of Connecticut	5.000%	11/01/2028	0.3%
Hillsborough County Industrial Development Authori	4.000%	08/01/2045	0.3%
Berks County Municipal Authority/The	5.000%	11/01/2044	0.3%
County of Cuyahoga OH	5.500%	02/15/2052	0.3%
State of Illinois	5.500%	07/01/2033	0.2%
Louisville and Jefferson County Metropolitan Sewer	5.000%	05/15/2028	0.2%
New York City Housing Development Corp	2.800%	02/01/2050	0.2%
State of Illinois	5.500%	05/01/2039	0.2%
South Carolina Jobs-Economic Development Authority	5.000%	12/01/2046	0.2%
University of Connecticut	5.250%	11/15/2047	0.2%
Central Plains Energy Project	5.250%	09/01/2037	0.2%
San Francisco City & County Airport Comm-San Franc	5.000%	05/01/2050	0.2%
Salem County Pollution Control Financing Authority	5.000%	12/01/2023	0.2%
Washington & Multnomah Counties School District No	5.000%	06/15/2036	0.2%
Parish of St John the Baptist LA	2.000%	06/01/2037	0.2%
Triborough Bridge & Tunnel Authority	4.000%	11/15/2054	0.2%
City of San Antonio TX Airport System	5.000%	07/01/2045	0.2%
Arkansas Development Finance Authority	4.750%	09/01/2049	0.2%
City of Los Angeles Department of Airports	4.000%	05/15/2050	0.2%
Arizona Industrial Development Authority	3.625%	05/20/2033	0.2%
Iowa Finance Authority	5.250%	12/01/2025	0.2%
County of Sacramento CA Airport System Revenue	5.000%	07/01/2041	0.2%
County of Montgomery OH	4.000%	11/15/2042	0.2%
Foothill-Eastern Transportation Corridor Agency	6.000%	01/15/2053	0.2%
Texas Water Development Board	4.000%	10/15/2037	0.2%
Long Beach Bond Finance Authority	1.582%	11/15/2027	0.2%
New York City Housing Development Corp	3.350%	11/01/2065	0.2%
County of Jefferson AL Sewer Revenue	6.500%	10/01/2053	0.2%
Hampton Roads Transportation Accountability Commis	5.500%	07/01/2057	0.2%
California State Public Works Board	5.000%	04/01/2033	0.2%
City of Phoenix Civic Improvement Corp	4.000%	07/01/2037	0.2%
Metropolitan Pier & Exposition Authority	0.000%	12/15/2037	0.2%
Clifton Higher Education Finance Corp	6.125%	08/15/2048	0.2%
Delaware River Port Authority	5.000%	01/01/2034	0.2%
State of California	5.250%	08/01/2032	0.2%
Port Authority of New York & New Jersey	4.000%	11/01/2059	0.2%
Puerto Rico Sales Tax Financing Corp Sales Tax Rev	4.329%	07/01/2040	0.2%
City & County of Denver CO Airport System Revenue	5.250%	11/15/2043	0.2%
Port Authority of New York & New Jersey	4.000%	07/15/2061	0.2%
Matagorda County Navigation District No 1	2.600%	11/01/2029	0.2%
New Jersey Transportation Trust Fund Authority	0.000%	12/15/2028	0.2%
State of Connecticut Special Tax Revenue	5.000%	01/01/2037	0.2%
Triborough Bridge & Tunnel Authority	5.000%	11/15/2054	0.2%
California Infrastructure & Economic Development B	5.250%	10/01/2034	0.2%
Golden State Tobacco Securitization Corp	5.000%	06/01/2047	0.2%
County of Lucas OH	5.250%	11/15/2048	0.2%
New Jersey Transportation Trust Fund Authority	4.000%	06/15/2050	0.2%
Texas Municipal Gas Acquisition & Supply Corp III	5.000%	12/15/2030	0.2%
New Jersey Economic Development Authority	5.625%	01/01/2052	0.2%
Oklahoma Development Finance Authority	5.500%	08/15/2057	0.2%
County of Hillsborough FL	3.250%	08/01/2048	0.2%
Metropolitan Pier & Exposition Authority	0.000%	12/15/2030	0.2%
State of New Jersey	4.000%	06/01/2031	0.2%
Parish of St John the Baptist LA	2.100%	06/01/2037	0.2%
Puerto Rico Sales Tax Financing Corp Sales Tax Rev	4.329%	07/01/2040	0.2%
New York Transportation Development Corp	5.000%	07/01/2046	0.2%
State of Illinois	4.000%	10/01/2039	0.2%
Escambia County Health Facilities Authority	4.000%	08/15/2050	0.2%
California Educational Facilities Authority	5.000%	05/01/2045	0.2%
City of Philadelphia PA Water & Wastewater Revenue	5.250%	10/01/2052	0.2%
Maryland Health & Higher Educational Facilities Au	5.000%	07/01/2038	0.2%
Michigan Finance Authority	5.000%	06/01/2049	0.2%
University of North Carolina at Wilmington	5.000%	06/01/2037	0.2%
Wisconsin Health & Educational Facilities Authorit	4.000%	02/15/2050	0.2%
Indianapolis Local Public Improvement Bond Bank	5.000%	02/01/2031	0.2%
Texas Municipal Gas Acquisition & Supply Corp III	5.000%	12/15/2032	0.2%
California Municipal Finance Authority	5.000%	02/01/2047	0.2%
California Housing Finance	4.250%	01/15/2035	0.2%
Golden State Tobacco Securitization Corp	5.000%	06/01/2047	0.2%
Texas Municipal Gas Acquisition & Supply Corp III	5.000%	12/15/2031	0.2%
California County Tobacco Securitization Agency	4.000%	06/01/2049	0.2%
New Hampshire Business Finance Authority	4.125%	01/20/2034	0.2%
San Francisco City & County Airport Comm-San Franc	5.250%	05/01/2033	0.2%
Maryland State Transportation Authority	3.000%	06/01/2036	0.2%
New York Liberty Development Corp	5.000%	11/15/2044	0.2%
New York Transportation Development Corp	4.000%	10/01/2030	0.2%
Southwest Local School District/Hamilton County	4.000%	01/15/2055	0.2%
State of Illinois	5.000%	12/01/2036	0.2%
California Statewide Communities Development Autho	5.500%	12/01/2054	0.2%
Tobacco Settlement Financing Corp/VA	5.000%	06/01/2047	0.2%
Triborough Bridge & Tunnel Authority	3.000%	11/15/2047	0.2%
Puerto Rico Sales Tax Financing Corp Sales Tax Rev	4.750%	07/01/2053	0.2%
County of Allen OH Hospital Facilities Revenue	5.000%	05/01/2033	0.2%
Michigan State Building Authority	4.000%	04/15/2054	0.2%
City of Reno NV	4.000%	06/01/2046	0.2%
Illinois Finance Authority	4.750%	10/15/2040	0.2%
Kentucky Bond Development Corp	4.000%	09/01/2048	0.2%
Salt Verde Financial Corp	5.000%	12/01/2032	0.2%
City of New York NY	5.000%	08/01/2027	0.2%
County of Richland SC	3.875%	04/01/2023	0.2%
Erie County Industrial Development Agency/The	5.250%	05/01/2028	0.2%
New Jersey Turnpike Authority	4.000%	01/01/2051	0.2%
Erie County Industrial Development Agency/The	5.000%	05/01/2026	0.2%
New Jersey Transportation Trust Fund Authority	5.000%	06/15/2038	0.2%
New York State Dormitory Authority	5.000%	01/01/2047	0.2%
Gainesville & Hall County Hospital Authority	5.000%	02/15/2032	0.2%
Metropolitan Government Nashville & Davidson Count	5.250%	10/01/2058	0.2%
Indiana Finance Authority	5.000%	07/01/2035	0.2%
San Antonio Convention Hotel Finance Corp	5.000%	07/15/2039	0.2%
New Jersey Economic Development Authority	5.000%	06/15/2047	0.2%
New York Transportation Development Corp	4.375%	10/01/2045	0.2%
California Statewide Communities Development Autho	4.000%	04/01/2045	0.2%
Palomar Health	5.000%	11/01/2036	0.2%
Metropolitan Transportation Authority	4.000%	11/15/2054	0.2%
State of Hawaii Department of Budget & Finance	3.100%	05/01/2026	0.2%
State of Illinois	5.000%	01/01/2035	0.2%
Louisiana Public Facilities Authority	4.000%	04/01/2050	0.2%
State of Illinois	5.000%	03/01/2030	0.2%
Michigan Finance Authority	4.000%	12/01/2049	0.2%
Central Texas Regional Mobility Authority	5.000%	01/01/2042	0.2%
City of Baltimore MD	4.000%	07/01/2049	0.2%
City of Phoenix Civic Improvement Corp	4.000%	07/01/2038	0.2%
Michigan State Housing Development Authority	3.600%	10/01/2060	0.2%
Pulaski County Public Facilities Board	5.000%	12/01/2039	0.2%
New York City Industrial Development Agency	0.000%	03/01/2030	0.2%
Illinois Finance Authority	6.125%	09/01/2039	0.2%
City of Tampa FL	5.000%	07/01/2050	0.2%
Indiana Finance Authority	5.000%	07/01/2044	0.2%
Chicago O'Hare International Airport	5.000%	01/01/2047	0.2%
Development Authority for Fulton County	4.000%	04/01/2050	0.2%
Montana Facility Finance Authority	5.000%	07/01/2048	0.2%
New Jersey Economic Development Authority	5.000%	11/01/2044	0.2%
Central Texas Turnpike System	5.000%	08/15/2033	0.2%
City of Minneapolis MN	5.000%	11/15/2049	0.2%
School District of Philadelphia/The	4.000%	09/01/2039	0.2%
Virginia Small Business Financing Authority	5.250%	01/01/2032	0.2%
Maryland Economic Development Corp	4.000%	07/01/2039	0.2%
New York City Transitional Finance Authority Build	5.000%	07/15/2031	0.2%
Illinois Finance Authority	4.000%	10/01/2049	0.2%
Mid-Bay Bridge Authority	7.250%	10/01/2034	0.2%
Foothill-Eastern Transportation Corridor Agency	4.000%	01/15/2046	0.2%
New Jersey Turnpike Authority	4.000%	01/01/2043	0.2%
Palomar Health	5.000%	11/01/2039	0.2%
Texas Private Activity Bond Surface Transportation	5.000%	06/30/2058	0.2%
Development Authority of Appling County	0.070%	09/01/2041	0.2%
Lee Memorial Health System	4.000%	04/01/2049	0.2%
Louisiana Public Facilities Authority	5.000%	04/01/2045	0.2%
Tuscaloosa City Board of Education	5.000%	08/01/2046	0.2%
County of Cuyahoga OH	5.500%	02/15/2057	0.1%
Metropolitan Nashville Airport Authority/The	5.000%	07/01/2049	0.1%
South Carolina Ports Authority	5.000%	07/01/2044	0.1%
TSASC Inc/NY	5.000%	06/01/2048	0.1%
Kentucky Municipal Power Agency	5.000%	09/01/2035	0.1%
Kentucky Municipal Power Agency	5.000%	09/01/2036	0.1%
Massachusetts Port Authority	4.000%	07/01/2046	0.1%
California Municipal Finance Authority	5.000%	12/31/2038	0.1%
Central Plains Energy Project	5.000%	09/01/2032	0.1%
City of Chicago IL	5.000%	01/01/2026	0.1%
Gainesville & Hall County Hospital Authority	5.500%	08/15/2054	0.1%
New Jersey Transportation Trust Fund Authority	5.000%	06/15/2045	0.1%
Suffolk Tobacco Asset Securitization Corp	5.375%	06/01/2028	0.1%
Massachusetts Development Finance Agency	5.000%	07/01/2035	0.1%
New Jersey Educational Facilities Authority	4.000%	09/01/2029	0.1%
Salt Lake City Corp Airport Revenue	5.000%	07/01/2034	0.1%
City of Chicago IL	5.000%	01/01/2034	0.1%
County of Jefferson AL Sewer Revenue	6.000%	10/01/2042	0.1%
Indiana Finance Authority	5.250%	02/01/2032	0.1%
Miami-Dade County Educational Facilities Authority	5.000%	04/01/2053	0.1%
Municipal Electric Authority of Georgia	5.000%	01/01/2048	0.1%
New York State Housing Finance Agency	2.500%	11/01/2045	0.1%
FHLMC Multifamily VRD Certificates	4.600%	12/15/2044	0.1%
North Texas Tollway Authority	5.000%	01/01/2048	0.1%
California State Public Works Board	5.000%	12/01/2028	0.1%
North Sumter County Utility Dependent District	5.000%	10/01/2032	0.1%
West Virginia Parkways Authority	4.000%	06/01/2047	0.1%
New Jersey Economic Development Authority	5.000%	06/15/2041	0.1%
New Jersey Turnpike Authority	4.000%	01/01/2042	0.1%
Railsplitter Tobacco Settlement Authority	6.000%	06/01/2028	0.1%
South Carolina Public Service Authority	4.000%	12/01/2042	0.1%
State of California	4.000%	09/01/2037	0.1%
County of Baltimore MD	4.000%	01/01/2045	0.1%
New Jersey Transportation Trust Fund Authority	0.000%	12/15/2030	0.1%
State of Illinois	5.500%	07/01/2038	0.1%
State of Hawaii Airports System Revenue	5.000%	07/01/2041	0.1%
Tobacco Settlement Financing Corp	5.000%	06/01/2031	0.1%
City of Chicago IL Waterworks Revenue	5.000%	11/01/2029	0.1%
Massachusetts Development Finance Agency	4.000%	07/01/2041	0.1%
New York State Dormitory Authority	5.000%	07/01/2040	0.1%
California Educational Facilities Authority	5.000%	04/01/2045	0.1%
Central Florida Expressway Authority	4.000%	07/01/2035	0.1%
City of New York NY	4.000%	03/01/2050	0.1%
Florida Development Finance Corp	7.625%	06/15/2041	0.1%
Martin County Health Facilities Authority	4.000%	01/01/2046	0.1%
Metropolitan Washington Airports Authority Dulles	4.000%	10/01/2053	0.1%
Mission Economic Development Corp	4.625%	10/01/2031	0.1%
New Jersey Economic Development Authority	5.000%	06/15/2042	0.1%
Berks County Industrial Development Authority	5.000%	11/01/2036	0.1%
City & County of Denver CO Airport System Revenue	4.000%	12/01/2043	0.1%
Pennsylvania Economic Development Financing Author	3.250%	08/01/2039	0.1%
Port Authority of New York & New Jersey	4.000%	07/15/2055	0.1%
University of Illinois	4.000%	04/01/2038	0.1%
New York City Water & Sewer System	0.020%	06/15/2049	0.1%
Bay Area Toll Authority	4.000%	04/01/2049	0.1%
Canaveral Port Authority	5.000%	06/01/2048	0.1%
City of Chicago IL	5.500%	01/01/2042	0.1%
City of Compton CA Water Revenue	6.000%	08/01/2039	0.1%
Maricopa County Pollution Control Corp	3.600%	02/01/2040	0.1%
Metropolitan Washington Airports Authority Dulles	0.000%	10/01/2037	0.1%
Inland Valley Development Agency	5.250%	09/01/2037	0.1%
Municipal Electric Authority of Georgia	4.000%	01/01/2049	0.1%
Savannah Hospital Authority	4.000%	07/01/2043	0.1%
San Francisco Community College District	2.250%	06/15/2045	0.1%
City of Baltimore MD	5.000%	07/01/2039	0.1%
Metropolitan Washington Airports Authority	5.000%	10/01/2035	0.1%
Canaveral Port Authority	5.000%	06/01/2045	0.1%
New Jersey Economic Development Authority	5.000%	06/15/2043	0.1%
Vermont Educational & Health Buildings Financing A	5.000%	12/01/2035	0.1%
New Hampshire Business Finance Authority	4.875%	11/01/2042	0.1%
Niagara Area Development Corp	4.750%	11/01/2042	0.1%
Massachusetts Educational Financing Authority	4.125%	07/01/2046	0.1%
Ohio Air Quality Development Authority	2.100%	07/01/2028	0.1%
State of Illinois	5.000%	05/01/2038	0.1%
Berks County Industrial Development Authority	4.000%	11/01/2038	0.1%
City of Philadelphia PA Airport Revenue	5.000%	07/01/2042	0.1%
City of Reno NV	4.000%	06/01/2043	0.1%
County of Miami-Dade FL Aviation Revenue	5.000%	10/01/2028	0.1%
Iowa Finance Authority	4.750%	08/01/2042	0.1%
King County Public Hospital District No 4	5.000%	12/01/2038	0.1%
Main Street Natural Gas Inc	5.000%	05/15/2038	0.1%
Metropolitan Transportation Authority	4.000%	02/01/2022	0.1%
New Jersey Economic Development Authority	4.000%	11/01/2044	0.1%
State of Connecticut Special Tax Revenue	5.000%	01/01/2038	0.1%
Norman Y Mineta San Jose International Airport SJC	6.250%	03/01/2034	0.1%
Central Texas Regional Mobility Authority	5.000%	01/01/2045	0.1%
Metropolitan Pier & Exposition Authority	5.500%	06/15/2053	0.1%
San Francisco City & County Airport Comm-San Franc	5.000%	05/01/2025	0.1%
State of Hawaii Airports System Revenue	4.000%	07/01/2035	0.1%
Troy Capital Resource Corp	4.000%	09/01/2040	0.1%
Allentown Neighborhood Improvement Zone Developmen	5.000%	05/01/2035	0.1%
City of Chicago IL	5.000%	01/01/2040	0.1%
New Jersey Health Care Facilities Financing Author	5.750%	07/01/2037	0.1%
New Jersey Transportation Trust Fund Authority	5.000%	12/15/2035	0.1%
Tuscaloosa County Industrial Development Authority	4.500%	05/01/2032	0.1%
County of Luzerne PA	5.000%	11/15/2029	0.1%
Oneida County Local Development Corp	4.000%	12/01/2049	0.1%
Savannah Hospital Authority	4.000%	07/01/2039	0.1%
Special Care Facilities Financing Authority of the	5.000%	12/01/2031	0.1%
Michigan State Hospital Finance Authority	5.000%	11/15/2047	0.1%
New Jersey Transportation Trust Fund Authority	5.000%	12/15/2023	0.1%
Ohio Air Quality Development Authority	5.000%	07/01/2049	0.1%
California Statewide Communities Development Autho	4.000%	07/01/2048	0.1%
Commonwealth of Pennsylvania	4.000%	03/01/2037	0.1%
Metropolitan Transportation Authority	5.000%	11/15/2035	0.1%
Massachusetts Development Finance Agency	4.000%	06/01/2049	0.1%
Health & Educational Facilities Authority of the S	4.000%	02/15/2054	0.1%
County of Franklin OH	6.125%	07/01/2040	0.1%
San Francisco City & County Airport Comm-San Franc	5.250%	05/01/2042	0.1%
Montgomery County Industrial Development Authority	5.000%	10/01/2027	0.1%
Puerto Rico Commonwealth Aqueduct & Sewer Authorit	5.000%	07/01/2030	0.1%
New Jersey Economic Development Authority	5.000%	03/01/2028	0.1%
Massachusetts Development Finance Agency	5.000%	07/01/2048	0.1%
New York State Dormitory Authority	5.000%	07/01/2031	0.1%
City & County of Denver CO Airport System Revenue	4.000%	12/01/2048	0.1%
North Texas Tollway Authority	5.000%	01/01/2040	0.1%
Salt Verde Financial Corp	5.250%	12/01/2027	0.1%
Omaha Public Power District Nebraska City Station	5.250%	02/01/2042	0.1%
City of Los Angeles Department of Airports	5.000%	05/15/2041	0.1%
El Dorado Irrigation District	5.000%	03/01/2034	0.1%
Golden State Tobacco Securitization Corp	5.250%	06/01/2047	0.1%
Los Angeles Unified School District/CA	4.000%	07/01/2032	0.1%
Montana Facility Finance Authority	5.000%	07/01/2043	0.1%
New Hampshire Health and Education Facilities Auth	5.000%	08/01/2059	0.1%
San Diego Unified School District/CA	2.000%	07/01/2045	0.1%
California Health Facilities Financing Authority	4.000%	08/15/2050	0.1%
California Infrastructure & Economic Development B	4.000%	07/01/2050	0.1%
New York Transportation Development Corp	5.000%	01/01/2034	0.1%
City of Atlanta GA Airport Passenger Facility Char	5.000%	01/01/2031	0.1%
Municipal Electric Authority of Georgia	5.000%	01/01/2056	0.1%
North Carolina Turnpike Authority	4.000%	01/01/2055	0.1%
City of Tampa FL	4.000%	07/01/2045	0.1%
Massachusetts Development Finance Agency	5.000%	07/01/2032	0.1%
Greenville Health System	5.000%	05/01/2034	0.1%
State of California	5.000%	08/01/2038	0.1%
Vermont Student Assistance Corp	3.375%	06/15/2036	0.1%
Washington Health Care Facilities Authority	5.000%	07/01/2038	0.1%
Alameda Corridor Transportation Authority	5.000%	10/01/2034	0.1%
Chicago Transit Authority Sales Tax Receipts Fund	4.000%	12/01/2055	0.1%
Iowa Higher Education Loan Authority	5.000%	10/01/2040	0.1%
Montgomery County Higher Education and Health Auth	4.000%	09/01/2049	0.1%
Tobacco Settlement Financing Corp	5.000%	06/01/2046	0.1%
Virginia Small Business Financing Authority	4.000%	01/01/2045	0.1%
Oklahoma Development Finance Authority	4.000%	08/15/2048	0.1%
Port Authority of New York & New Jersey	5.250%	10/15/2055	0.1%
California Health Facilities Financing Authority	4.000%	04/01/2044	0.1%
California Health Facilities Financing Authority	4.000%	04/01/2045	0.1%
County of Cook IL Sales Tax Revenue	4.000%	11/15/2034	0.1%
Gainesville & Hall County Hospital Authority	5.000%	02/15/2030	0.1%
Detroit City School District	5.000%	05/01/2029	0.1%
Louisiana Public Facilities Authority	4.000%	06/01/2050	0.1%
City of Chicago IL	5.000%	01/01/2034	0.1%
City of Chicago IL	5.000%	01/01/2036	0.1%
City of San Jose CA Hotel Tax Revenue	6.125%	05/01/2031	0.1%
Prichard Water Works & Sewer Board	4.000%	11/01/2049	0.1%
Chandler Industrial Development Authority	2.700%	12/01/2037	0.1%
City of Houston TX Airport System Revenue	4.000%	07/01/2047	0.1%
New Jersey Transportation Trust Fund Authority	5.000%	12/15/2036	0.1%
State of Connecticut Special Tax Revenue	5.000%	08/01/2034	0.1%
State of Illinois	5.000%	01/01/2033	0.1%
Parish of St James LA	6.350%	07/01/2040	0.1%
Union County Utilities Authority	4.750%	12/01/2031	0.1%
Main Street Natural Gas Inc	5.000%	05/15/2037	0.1%
New York City Industrial Development Agency	4.000%	03/01/2045	0.1%
Chicago O'Hare International Airport	5.000%	07/01/2048	0.1%
County of Jefferson AL Sewer Revenue	5.500%	10/01/2053	0.1%
California Municipal Finance Authority	4.000%	12/31/2047	0.1%
Chicago Board of Education	5.000%	12/01/2046	0.1%
City of New Britain CT	3.000%	09/01/2044	0.1%
E-470 Public Highway Authority	0.000%	09/01/2037	0.1%
New Jersey Transportation Trust Fund Authority	0.000%	12/15/2038	0.1%
Railsplitter Tobacco Settlement Authority	5.000%	06/01/2027	0.1%
California Statewide Communities Development Autho	5.500%	12/01/2058	0.1%
City of Philadelphia PA Water & Wastewater Revenue	5.000%	07/01/2030	0.1%
Michigan Finance Authority	4.000%	11/01/2048	0.1%
State of Illinois	5.000%	01/01/2041	0.1%
Chicago Board of Education	5.000%	12/01/2033	0.1%
City of Chicago IL Waterworks Revenue	5.000%	11/01/2039	0.1%
City of Philadelphia PA	5.000%	08/01/2037	0.1%
Development Authority of Burke County/The	4.125%	11/01/2045	0.1%
Illinois Sports Facilities Authority/The	5.000%	06/15/2027	0.1%
Love Field Airport Modernization Corp	5.250%	11/01/2040	0.1%
New York Transportation Development Corp	5.000%	01/01/2030	0.1%
State of Connecticut Bradley International Airport	5.000%	07/01/2049	0.1%
County of Jefferson AL Sewer Revenue	0.000%	10/01/2027	0.1%
Main Street Natural Gas Inc	5.000%	05/15/2043	0.1%
New Jersey Economic Development Authority	6.000%	10/01/2043	0.1%
Pennsylvania Higher Educational Facilities Authori	4.000%	05/01/2041	0.1%
Pennsylvania Higher Educational Facilities Authori	4.000%	05/01/2050	0.1%
Pennsylvania Turnpike Commission	4.000%	12/01/2038	0.1%
State of New Jersey	4.000%	06/01/2032	0.1%
Berks County Municipal Authority/The	5.000%	02/01/2040	0.1%
County of Lee FL Airport Revenue	5.375%	10/01/2032	0.1%
Indiana Finance Authority	3.000%	11/01/2030	0.1%
Michigan Finance Authority	4.000%	06/01/2049	0.1%
State of Connecticut Bradley International Airport	4.000%	07/01/2049	0.1%
Tuscaloosa County Industrial Development Authority	5.250%	05/01/2044	0.1%
County of Montgomery OH	3.000%	08/01/2051	0.1%
Maricopa County Pollution Control Corp	3.600%	04/01/2040	0.1%
Massachusetts Port Authority	5.000%	07/01/2045	0.1%
Metropolitan Washington Airports Authority	5.000%	10/01/2027	0.1%
Fort Bend County Industrial Development Corp	4.750%	05/01/2038	0.1%
New York State Dormitory Authority	5.000%	08/01/2030	0.1%
Ohio Air Quality Development Authority	3.250%	09/01/2029	0.1%
West Pace Cooperative District	0.000%	05/01/2039	0.1%
City of Chicago IL Waterworks Revenue	5.000%	11/01/2036	0.1%
Foothill-Eastern Transportation Corridor Agency	0.000%	01/15/2033	0.1%
Illinois Finance Authority	4.000%	09/01/2039	0.1%
Colorado Health Facilities Authority	5.000%	08/01/2044	0.1%
New York Transportation Development Corp	4.000%	01/01/2036	0.1%
Public Finance Authority	5.000%	07/01/2042	0.1%
State of Connecticut Special Tax Revenue	4.000%	05/01/2039	0.1%
City of Chicago IL	5.000%	01/01/2029	0.1%
New Jersey Transportation Trust Fund Authority	4.000%	06/15/2045	0.1%
Sacramento City Financing Authority	5.250%	12/01/2023	0.1%
Casino Reinvestment Development Authority Inc	5.250%	11/01/2039	0.1%
Iowa Higher Education Loan Authority	5.000%	10/01/2039	0.1%
Allegheny County Hospital Development Authority	4.000%	04/01/2037	0.1%
Connecticut State Health & Educational Facilities	4.000%	07/01/2041	0.1%
Illinois Finance Authority	4.000%	09/01/2037	0.1%
New Jersey Transportation Trust Fund Authority	5.000%	06/15/2030	0.1%
TSASC Inc/NY	5.000%	06/01/2023	0.1%
Kansas City Industrial Development Authority	4.000%	03/01/2036	0.1%
Lower Colorado River Authority	5.000%	05/15/2040	0.1%
New York City Transitional Finance Authority Futur	4.000%	05/01/2037	0.1%
Town of Davie FL	6.000%	04/01/2042	0.1%
City of Philadelphia PA	5.250%	07/15/2032	0.1%
Development Authority of Burke County/The	4.125%	11/01/2045	0.1%
Duluth Economic Development Authority	5.250%	02/15/2053	0.1%
Eagle County Airport Terminal Corp	5.000%	05/01/2041	0.1%
Iowa Higher Education Loan Authority	5.000%	10/01/2038	0.1%
Puerto Rico Commonwealth Aqueduct & Sewer Authorit	5.250%	07/01/2042	0.1%
Metropolitan Transportation Authority	5.000%	11/15/2045	0.1%
Montgomery County Industrial Development Authority	5.000%	11/15/2024	0.1%
Puerto Rico Electric Power Authority	0.859%	07/01/2031	0.1%
State of California	5.000%	04/01/2032	0.1%
Hospitals & Higher Education Facilities Authority	5.000%	07/01/2033	0.1%
Martin County Hospital District	7.250%	04/01/2036	0.1%
Metropolitan Nashville Airport Authority/The	4.000%	07/01/2054	0.1%
Norman Y Mineta San Jose International Airport SJC	5.000%	03/01/2047	0.1%
Public Finance Authority	6.500%	12/01/2037	0.1%
Chicago Transit Authority Sales Tax Receipts Fund	5.000%	12/01/2046	0.1%
E-470 Public Highway Authority	0.000%	09/01/2032	0.1%
Metropolitan Pier & Exposition Authority	0.000%	12/15/2056	0.1%
New Jersey Transportation Trust Fund Authority	5.000%	06/15/2050	0.1%
Puerto Rico Commonwealth Aqueduct & Sewer Authorit	5.750%	07/01/2037	0.1%
California Pollution Control Financing Authority	5.000%	11/21/2045	0.1%
Indiana Finance Authority	5.000%	07/01/2040	0.1%
Massachusetts Development Finance Agency	5.000%	07/01/2039	0.1%
Parish of St John the Baptist LA	2.375%	06/01/2037	0.1%
Port Beaumont Navigation District	4.000%	01/01/2050	0.1%
St Louis Municipal Finance Corp	5.000%	10/01/2049	0.1%
State of Illinois	5.500%	05/01/2030	0.1%
Parish of St James LA	6.350%	10/01/2040	0.1%
Main Street Natural Gas Inc	4.000%	03/01/2050	0.1%
New Jersey Transportation Trust Fund Authority	0.000%	12/15/2031	0.1%
New York State Environmental Facilities Corp	3.125%	12/01/2044	0.1%
Phenix City Industrial Development Board	3.625%	05/15/2030	0.1%
Niagara Frontier Transportation Authority	5.000%	04/01/2025	0.1%
St Louis Municipal Finance Corp	5.000%	10/01/2045	0.1%
Antelope Valley Healthcare District	5.000%	03/01/2041	0.1%
City of Chicago IL Waterworks Revenue	5.000%	11/01/2037	0.1%
Golden State Tobacco Securitization Corp	5.000%	06/01/2029	0.1%
Illinois Finance Authority	4.000%	10/01/2055	0.1%
Love Field Airport Modernization Corp	5.000%	11/01/2028	0.1%
Pennsylvania Turnpike Commission	5.000%	12/01/2044	0.1%
State of Illinois	5.750%	05/01/2045	0.1%
Village of Bellwood IL	6.150%	12/01/2032	0.1%
City of Chicago IL	5.500%	01/01/2037	0.1%
Wilkes-Barre Area School District/PA	5.000%	04/15/2059	0.1%
Louisiana Public Facilities Authority	5.000%	07/01/2059	0.1%
Texas Transportation Commission	5.000%	08/01/2057	0.1%
California Pollution Control Financing Authority	4.300%	07/01/2040	0.1%
Metropolitan Nashville Airport Authority/The	5.000%	07/01/2054	0.1%
Michigan Strategic Fund	5.000%	06/30/2048	0.1%
New York State Thruway Authority	4.000%	01/01/2051	0.1%
Southern California Public Power Authority	1.607%	11/01/2038	0.1%
County of Miami-Dade FL Aviation Revenue	5.000%	10/01/2029	0.1%
Michigan Strategic Fund	4.250%	12/31/2038	0.1%
New York Transportation Development Corp	5.000%	01/01/2029	0.1%
State of Connecticut Special Tax Revenue	4.000%	05/01/2036	0.1%
State of Illinois	4.000%	11/01/2044	0.1%
California Health Facilities Financing Authority	4.000%	04/01/2049	0.1%
Buckeye Tobacco Settlement Financing Authority	0.000%	06/01/2057	0.1%
City & County of Denver CO Airport System Revenue	4.000%	12/01/2043	0.1%
Parish of St John the Baptist LA	2.125%	06/01/2037	0.1%
California Infrastructure & Economic Development B	5.000%	11/01/2041	0.1%
City of Baltimore MD	5.000%	07/01/2032	0.1%
Eagle County Airport Terminal Corp	5.000%	05/01/2033	0.1%
New Jersey Transportation Trust Fund Authority	5.000%	06/15/2031	0.1%
County of Baltimore MD	4.000%	01/01/2050	0.1%
County of Muskingum OH	5.000%	02/15/2044	0.1%
Metropolitan Transportation Authority	4.000%	11/15/2045	0.1%
Middletown City School District/OH	5.250%	12/01/2040	0.1%
New York City Industrial Development Agency	4.000%	03/01/2045	0.1%
Palm Beach County Health Facilities Authority	5.000%	05/15/2053	0.1%
State of Illinois	4.000%	10/01/2038	0.1%
Guam Government Waterworks Authority	5.000%	01/01/2050	0.1%
Main Street Natural Gas Inc	5.000%	05/15/2035	0.1%
Antelope Valley Healthcare District	5.000%	03/01/2046	0.1%
City of Chicago IL	5.500%	01/01/2034	0.1%
New Jersey Higher Education Student Assistance Aut	3.750%	12/01/2031	0.1%
New York Transportation Development Corp	5.000%	01/01/2036	0.1%
Ohio Air Quality Development Authority	2.500%	08/01/2040	0.1%
California Pollution Control Financing Authority	5.000%	07/01/2039	0.1%
California State Public Works Board	5.125%	10/01/2031	0.1%
Commonwealth of Pennsylvania	4.000%	07/01/2046	0.1%
County of Cook IL	5.000%	11/15/2031	0.1%
Metropolitan Pier & Exposition Authority	0.000%	12/15/2032	0.1%
New York State Dormitory Authority	5.500%	01/01/2039	0.1%
Niagara Area Development Corp	3.500%	11/01/2024	0.1%
Maryland Health & Higher Educational Facilities Au	5.000%	07/01/2038	0.1%
New Jersey Economic Development Authority	6.500%	04/01/2028	0.1%
Pennsylvania Turnpike Commission	3.000%	12/01/2042	0.1%
Phenix City Industrial Development Board	4.125%	05/15/2035	0.1%
California Statewide Communities Development Autho	4.000%	12/01/2057	0.1%
City of Houston TX Airport System Revenue	6.625%	07/15/2038	0.1%
Regional Transportation District	4.000%	07/15/2039	0.1%
Tobacco Securitization Authority of Northern Calif	4.000%	06/01/2049	0.1%
City of Atlanta GA Airport Passenger Facility Char	4.000%	07/01/2039	0.1%
Commonwealth of Puerto Rico	0.000%	07/01/2035	0.1%
Metropolitan Atlanta Rapid Transit Authority	3.250%	07/01/2039	0.1%
Public Finance Authority	5.250%	10/01/2038	0.1%
School District of Philadelphia/The	4.000%	09/01/2038	0.1%
Tobacco Settlement Financing Corp/LA	5.250%	05/15/2035	0.1%
City of Chicago IL	5.500%	01/01/2033	0.1%
New York Transportation Development Corp	4.000%	07/01/2041	0.1%
Southern California Public Power Authority	5.000%	11/01/2033	0.1%
Chicago Board of Education	5.000%	12/01/2030	0.1%
City of Chicago IL	5.000%	01/01/2030	0.1%
Commonwealth of Puerto Rico	0.000%	07/01/2039	0.1%
Illinois Finance Authority	5.000%	09/01/2040	0.1%
Lower Alabama Gas District/The	5.000%	09/01/2031	0.1%
Puerto Rico Highway & Transportation Authority	5.250%	07/01/2032	0.1%
Texas Private Activity Bond Surface Transportation	4.000%	12/31/2037	0.1%
Los Angeles Unified School District/CA	4.000%	07/01/2033	0.1%
Massachusetts Development Finance Agency	5.000%	06/01/2039	0.1%
New Jersey Transportation Trust Fund Authority	4.000%	12/15/2031	0.1%
New York State Dormitory Authority	5.000%	07/01/2030	0.1%
New York State Housing Finance Agency	3.150%	11/01/2054	0.1%
Texas Private Activity Bond Surface Transportation	4.000%	06/30/2037	0.1%
Chicago Board of Education	5.000%	12/01/2029	0.1%
City of Chicago IL	5.000%	01/01/2033	0.1%
Florida Development Finance Corp	5.000%	06/15/2050	0.1%
Indiana Finance Authority	5.000%	06/01/2039	0.1%
Trust for Cultural Resources of The City of New Yo	4.000%	12/01/2033	0.1%
Yorba Linda Redevelopment Agency Successor Agency	6.500%	09/01/2032	0.1%
City of Miami Beach FL Parking Revenue	5.000%	09/01/2040	0.1%
State of Alabama Docks Department	5.000%	10/01/2034	0.1%
State of Alabama Docks Department	5.000%	10/01/2035	0.1%
Massachusetts Development Finance Agency	5.000%	07/01/2031	0.1%
Michigan Finance Authority	5.000%	07/01/2034	0.1%
Municipal Electric Authority of Georgia	5.000%	01/01/2059	0.1%
Philadelphia Gas Works Co	5.000%	08/01/2029	0.1%
Chicago Board of Education	5.000%	12/01/2027	0.1%
Clark County School District	4.000%	06/15/2040	0.1%
Florida Higher Educational Facilities Financial Au	5.000%	04/01/2036	0.1%
Lower Alabama Gas District/The	4.000%	12/01/2050	0.1%
New Jersey Transportation Trust Fund Authority	5.000%	06/15/2042	0.1%
Pennsylvania Turnpike Commission	4.000%	12/01/2044	0.1%
Pennsylvania Turnpike Commission	4.000%	12/01/2045	0.1%
Port Authority of New York & New Jersey	4.000%	09/01/2043	0.1%
Puerto Rico Highway & Transportation Authority	5.500%	07/01/2025	0.1%
Port of Portland OR Airport Revenue	5.000%	07/01/2039	0.1%
California Health Facilities Financing Authority	4.000%	11/15/2042	0.1%
City of Atlanta GA Airport Passenger Facility Char	5.000%	01/01/2028	0.1%
City of Philadelphia PA	5.250%	07/15/2031	0.1%
City of Valparaiso IN	7.000%	01/01/2044	0.1%
County of Montgomery OH	4.000%	08/01/2051	0.1%
Massachusetts Development Finance Agency	4.000%	07/01/2035	0.1%
Metropolitan Washington Airports Authority	5.000%	10/01/2028	0.1%
Minneapolis-St Paul Metropolitan Airports Commissi	5.000%	01/01/2031	0.1%
City of Chicago IL	5.500%	01/01/2040	0.1%
City of Phoenix Civic Improvement Corp	4.000%	07/01/2044	0.1%
Parish of St James LA	6.100%	12/01/2040	0.1%
City of Chicago IL Waterworks Revenue	5.000%	11/01/2036	0.1%
County of Miami-Dade FL Aviation Revenue	4.000%	10/01/2044	0.1%
Municipal Electric Authority of Georgia	5.000%	01/01/2033	0.1%
Allentown Neighborhood Improvement Zone Developmen	5.000%	05/01/2032	0.1%
Chicago Transit Authority Sales Tax Receipts Fund	5.000%	12/01/2055	0.1%
District of Columbia	5.000%	06/01/2041	0.1%
Board of Managers Joint Guadalupe County-City of S	5.000%	12/01/2045	0.1%
Casino Reinvestment Development Authority Inc	5.250%	11/01/2044	0.1%
Chicago Board of Education	5.000%	12/01/2033	0.1%
Chicago Board of Education	5.000%	04/01/2042	0.1%
Colorado Health Facilities Authority	4.000%	08/01/2038	0.1%
New Jersey Transportation Trust Fund Authority	0.000%	12/15/2037	0.1%
New York City Water & Sewer System	0.020%	06/15/2045	0.1%
Ohio Air Quality Development Authority	2.600%	06/01/2041	0.1%
Selma Industrial Development Board	2.000%	11/01/2033	0.1%
Tobacco Settlement Authority	5.250%	06/01/2032	0.1%
Trust for Cultural Resources of The City of New Yo	4.000%	12/01/2035	0.1%
State of Connecticut	5.000%	04/15/2039	0.1%
Public Finance Authority	5.000%	12/01/2027	0.1%
Chicago Board of Education	5.000%	12/01/2044	0.0%
Triborough Bridge & Tunnel Authority	5.000%	11/15/2042	0.0%
California Statewide Communities Development Autho	5.250%	11/15/2034	0.0%
Gramercy Farms Community Development District	0.000%	05/01/2039	0.0%
New York State Dormitory Authority	4.000%	08/01/2038	0.0%
Midlothian Water District	0.000%	09/01/2022	0.0%
Wayne County Airport Authority	5.000%	12/01/2039	0.0%
Massachusetts Development Finance Agency	4.000%	10/01/2045	0.0%
California School Finance Authority	5.000%	08/01/2048	0.0%
City of Pittsburgh PA	5.000%	09/01/2030	0.0%
Massachusetts Development Finance Agency	5.000%	07/01/2034	0.0%
New Jersey Turnpike Authority	4.000%	01/01/2033	0.0%
Parish of St John the Baptist LA	2.200%	06/01/2037	0.0%
New York Transportation Development Corp	5.000%	12/01/2037	0.0%
Tobacco Securitization Authority of Southern Calif	5.000%	06/01/2048	0.0%
Adelanto Public Utility Authority	5.000%	07/01/2039	0.0%
City of New York NY	0.010%	12/01/2047	0.0%
Massachusetts Development Finance Agency	5.000%	07/01/2030	0.0%
Nassau County Local Economic Assistance Corp	5.000%	07/01/2031	0.0%
Puerto Rico Sales Tax Financing Corp Sales Tax Rev	0.000%	07/01/2033	0.0%
Dutchess County Local Development Corp	5.000%	07/01/2051	0.0%
New Jersey Economic Development Authority	4.750%	06/15/2031	0.0%
New York Transportation Development Corp	5.375%	08/01/2036	0.0%
Ohio Air Quality Development Authority	2.400%	12/01/2038	0.0%
California County Tobacco Securitization Agency	0.000%	06/01/2055	0.0%
Chicago Board of Education	5.000%	12/01/2046	0.0%
Florida Higher Educational Facilities Financial Au	5.000%	04/01/2033	0.0%
Indiana Finance Authority	5.000%	10/01/2029	0.0%
Massachusetts Port Authority	5.000%	07/01/2040	0.0%
New Jersey Economic Development Authority	5.500%	06/15/2031	0.0%
Pennsylvania Turnpike Commission	4.000%	12/01/2043	0.0%
Philadelphia Gas Works Co	5.000%	08/01/2030	0.0%
Rancho Cucamonga Redevelopment Agency Successor Ag	5.000%	09/01/2030	0.0%
San Francisco City & County Airport Comm-San Franc	4.000%	05/01/2049	0.0%
TSASC Inc/NY	5.000%	06/01/2035	0.0%
Chicago Board of Education	5.000%	12/01/2039	0.0%
Florida Development Finance Corp	5.000%	06/15/2055	0.0%
Metropolitan Pier & Exposition Authority	0.000%	06/15/2045	0.0%
New York City Transitional Finance Authority Futur	0.010%	02/01/2045	0.0%
Prichard Water Works & Sewer Board	4.000%	11/01/2044	0.0%
California School Finance Authority	5.000%	08/01/2045	0.0%
Puerto Rico Sales Tax Financing Corp Sales Tax Rev	0.000%	07/01/2031	0.0%
Trust for Cultural Resources of The City of New Yo	5.000%	12/01/2031	0.0%
New York State Dormitory Authority	4.000%	08/01/2036	0.0%
North Carolina Turnpike Authority	5.000%	01/01/2032	0.0%
Rancho Cucamonga Redevelopment Agency Successor Ag	5.000%	09/01/2031	0.0%
Texas Private Activity Bond Surface Transportation	4.000%	12/31/2038	0.0%
Toledo-Lucas County Port Authority	5.000%	07/01/2039	0.0%
Tobacco Settlement Financing Corp	3.200%	06/01/2027	0.0%
Chicago Board of Education	7.000%	12/01/2046	0.0%
County of Cook IL	5.250%	11/15/2024	0.0%
New Hampshire Business Finance Authority	4.625%	11/01/2042	0.0%
New York Transportation Development Corp	5.000%	12/01/2035	0.0%
State of Connecticut	5.000%	06/15/2032	0.0%
State of Connecticut	5.000%	06/15/2033	0.0%
State of Illinois	4.000%	11/01/2043	0.0%
Texas Private Activity Bond Surface Transportation	4.000%	06/30/2039	0.0%
New York State Dormitory Authority	5.000%	12/01/2031	0.0%
Pennsylvania Economic Development Financing Author	8.000%	05/01/2029	0.0%
California Municipal Finance Authority	5.000%	06/01/2050	0.0%
Chicago Board of Education	5.000%	12/01/2032	0.0%
Indiana Finance Authority	5.000%	07/01/2048	0.0%
Iowa Finance Authority	3.125%	12/01/2022	0.0%
Maryland Health & Higher Educational Facilities Au	5.000%	07/01/2036	0.0%
New Jersey Economic Development Authority	5.000%	06/15/2036	0.0%
Massachusetts Development Finance Agency	5.000%	07/01/2033	0.0%
New Jersey Transportation Trust Fund Authority	0.000%	12/15/2031	0.0%
Public Finance Authority	6.850%	10/01/2047	0.0%
Regional Transportation District	4.000%	07/15/2035	0.0%
City of La Verne CA	5.000%	05/15/2036	0.0%
New York City Water & Sewer System	0.020%	06/15/2049	0.0%
New York State Dormitory Authority	5.000%	12/01/2040	0.0%
New York Transportation Development Corp	4.000%	07/01/2046	0.0%
School District of Philadelphia/The	5.000%	09/01/2037	0.0%
State of Connecticut	5.000%	04/15/2036	0.0%
Wayne County Airport Authority	5.000%	12/01/2042	0.0%
Chicago Board of Education	0.000%	12/01/2030	0.0%
Clark County School District	4.000%	06/15/2038	0.0%
Montgomery County Industrial Development Authority	5.000%	11/15/2025	0.0%
North Carolina Turnpike Authority	5.000%	01/01/2043	0.0%
New York State Environmental Facilities Corp	2.750%	09/01/2050	0.0%
New York Transportation Development Corp	5.250%	08/01/2031	0.0%
Public Finance Authority	5.000%	11/15/2041	0.0%
Transbay Joint Powers Authority	5.000%	10/01/2049	0.0%
Chicago Board of Education	6.500%	12/01/2046	0.0%
City of Pittsburgh PA	5.000%	09/01/2032	0.0%
Grand River Hospital District	5.250%	12/01/2037	0.0%
New Hampshire Business Finance Authority	3.750%	07/01/2045	0.0%
City of Pittsburgh PA	5.000%	09/01/2029	0.0%
County of Miami-Dade FL Rickenbacker Causeway Reve	5.000%	10/01/2032	0.0%
Hospitals & Higher Education Facilities Authority	5.625%	07/01/2036	0.0%
Maricopa County Industrial Development Authority	5.000%	07/01/2049	0.0%
New York Transportation Development Corp	5.000%	12/01/2025	0.0%
Regional Transportation District	4.000%	07/15/2033	0.0%
Texas Private Activity Bond Surface Transportation	4.000%	06/30/2040	0.0%
Virginia Small Business Financing Authority	6.000%	01/01/2037	0.0%
Hoover Industrial Development Board	5.750%	10/01/2049	0.0%
Nassau County Tobacco Settlement Corp	0.000%	06/01/2060	0.0%
Tobacco Securitization Authority of Northern Calif	4.000%	06/01/2036	0.0%
New York State Dormitory Authority	5.000%	08/01/2034	0.0%
New York Transportation Development Corp	5.000%	12/01/2037	0.0%
New York Transportation Development Corp	5.000%	12/01/2035	0.0%
Paducah Electric Plant Board	5.000%	10/01/2033	0.0%
School District of Philadelphia/The	5.000%	09/01/2038	0.0%
State of Connecticut	5.000%	06/15/2038	0.0%
Tobacco Securitization Authority of Northern Calif	4.000%	06/01/2034	0.0%
Tobacco Settlement Financing Corp	5.000%	06/01/2033	0.0%
Transbay Joint Powers Authority	5.000%	10/01/2045	0.0%
Texas Private Activity Bond Surface Transportation	4.000%	06/30/2038	0.0%
Chicago O'Hare International Airport	5.000%	01/01/2048	0.0%
City of Norfolk VA Water Revenue	5.250%	11/01/2028	0.0%
County of Cook IL	5.000%	11/15/2030	0.0%
County of Cook IL	5.000%	11/15/2035	0.0%
County of Osceola FL Transportation Revenue	5.000%	10/01/2039	0.0%
Nassau County Local Economic Assistance Corp	5.000%	07/01/2034	0.0%
Paducah Electric Plant Board	5.000%	10/01/2034	0.0%
Paducah Electric Plant Board	5.000%	10/01/2035	0.0%
Puerto Rico Sales Tax Financing Corp Sales Tax Rev	4.784%	07/01/2058	0.0%
State of Connecticut	4.000%	06/01/2037	0.0%
Texas Private Activity Bond Surface Transportation	4.000%	12/31/2039	0.0%
Tobacco Securitization Authority of Northern Calif	4.000%	06/01/2038	0.0%
Tobacco Securitization Authority of Northern Calif	0.000%	06/01/2060	0.0%
Yorba Linda Redevelopment Agency Successor Agency	6.000%	09/01/2026	0.0%
Crawford County Hospital Authority	6.000%	06/01/2051	0.0%
Dutchess County Local Development Corp	5.000%	07/01/2045	0.0%
Grand River Hospital District	5.250%	12/01/2034	0.0%
Grand River Hospital District	5.250%	12/01/2035	0.0%
Illinois Finance Authority	4.000%	10/01/2040	0.0%
Michigan Tobacco Settlement Finance Authority	0.000%	06/01/2058	0.0%
New York State Dormitory Authority	5.000%	08/01/2033	0.0%
New York State Dormitory Authority	5.000%	08/01/2035	0.0%
Chicago Board of Education	5.000%	12/01/2031	0.0%
Chicago Board of Education	5.000%	12/01/2036	0.0%
City of New Orleans LA Water System Revenue	5.000%	12/01/2034	0.0%
City of Oroville CA	5.250%	04/01/2039	0.0%
Public Finance Authority	5.250%	10/01/2043	0.0%
Public Finance Authority	4.300%	11/01/2030	0.0%
Tobacco Securitization Authority of Northern Calif	4.000%	06/01/2040	0.0%
City of Philadelphia PA	5.250%	07/15/2033	0.0%
Commonwealth of Massachusetts	4.000%	05/01/2048	0.0%
District of Columbia	6.000%	07/01/2043	0.0%
District of Columbia	6.000%	07/01/2048	0.0%
Eagle County Airport Terminal Corp	5.000%	05/01/2037	0.0%
Hospitals & Higher Education Facilities Authority	5.000%	07/01/2031	0.0%
Hospitals & Higher Education Facilities Authority	5.000%	07/01/2032	0.0%
Industrial Development Authority of the City of Ph	5.000%	07/01/2037	0.0%
Massachusetts School Building Authority	4.000%	02/15/2043	0.0%
New York City Transitional Finance Authority Futur	4.000%	05/01/2044	0.0%
New York State Dormitory Authority	5.000%	12/01/2036	0.0%
New York State Dormitory Authority	5.000%	12/01/2037	0.0%
Niagara Frontier Transportation Authority	5.000%	04/01/2026	0.0%
North Carolina Turnpike Authority	4.000%	01/01/2038	0.0%
Parish of St James LA	5.850%	08/01/2041	0.0%
City of Oroville CA	5.250%	04/01/2054	0.0%
Capital Trust Agency Inc	5.000%	12/15/2049	0.0%
Central Texas Turnpike System	5.000%	08/15/2037	0.0%
Clifton Higher Education Finance Corp	6.000%	08/15/2043	0.0%
County of Cuyahoga OH	5.000%	02/15/2057	0.0%
Louisiana Housing Corp	8.000%	09/01/2039	0.0%
Maricopa County Industrial Development Authority	5.000%	07/01/2054	0.0%
New York Transportation Development Corp	4.000%	12/01/2041	0.0%
Maryland Health & Higher Educational Facilities Au	4.000%	06/01/2051	0.0%
Montgomery County Industrial Development Authority	5.375%	01/01/2050	0.0%
Nassau County Local Economic Assistance Corp	5.000%	07/01/2029	0.0%
New Jersey Economic Development Authority	4.000%	06/15/2046	0.0%
New York City Transitional Finance Authority Futur	5.000%	02/01/2036	0.0%
New York City Transitional Finance Authority Futur	4.000%	08/01/2042	0.0%
New York Transportation Development Corp	4.000%	12/01/2039	0.0%
State of Connecticut	4.000%	06/15/2037	0.0%
Chicago Midway International Airport	4.000%	01/01/2034	0.0%
Indiana Finance Authority	3.000%	11/01/2030	0.0%
Los Angeles Unified School District/CA	5.000%	10/01/2025	0.0%
New Jersey Economic Development Authority	4.000%	06/15/2050	0.0%
Puerto Rico Sales Tax Financing Corp Sales Tax Rev	0.000%	07/01/2029	0.0%
Toledo-Lucas County Port Authority	5.000%	07/01/2034	0.0%
Toledo-Lucas County Port Authority	5.000%	07/01/2046	0.0%
City of Cleveland OH Airport System Revenue	5.000%	01/01/2031	0.0%
City of San Buenaventura CA	8.000%	12/01/2026	0.0%
Crawford County Hospital Authority	6.000%	06/01/2046	0.0%
Metropolitan Pier & Exposition Authority	5.000%	06/15/2053	0.0%
Michigan Finance Authority	5.000%	09/01/2050	0.0%
Illinois Sports Facilities Authority/The	5.000%	06/15/2028	0.0%
Martin County Health Facilities Authority	5.500%	11/15/2032	0.0%
Dallas Fort Worth International Airport	5.000%	11/01/2030	0.0%
New York State Energy Research & Development Autho	3.500%	10/01/2029	0.0%
Virginia Small Business Financing Authority	5.000%	01/01/2048	0.0%
Norman Y Mineta San Jose International Airport SJC	5.000%	03/01/2047	0.0%
San Diego County Regional Airport Authority	4.000%	07/01/2044	0.0%
State of Alabama Docks Department	5.000%	10/01/2036	0.0%
Commonwealth of Puerto Rico	0.000%	07/01/2027	0.0%
County of Jefferson AL Sewer Revenue	0.000%	10/01/2026	0.0%
Pennsylvania Turnpike Commission	5.000%	12/01/2039	0.0%
State of Connecticut	4.000%	06/01/2038	0.0%
Wisconsin Health & Educational Facilities Authorit	5.375%	02/01/2048	0.0%
Development Authority for Fulton County	5.000%	09/01/2032	0.0%
Dutchess County Local Development Corp	6.000%	10/01/2030	0.0%
Industrial Pollution Control Financing Authority o	5.000%	12/01/2024	0.0%
Maryland Economic Development Corp	5.000%	06/01/2049	0.0%
New York State Urban Development Corp	5.000%	03/15/2033	0.0%
Stockton Unified School District	5.000%	07/01/2028	0.0%
Capital Trust Agency Inc	5.000%	12/15/2054	0.0%
City of Sparks NV	2.750%	06/15/2028	0.0%
Denver Health & Hospital Authority	5.250%	12/01/2045	0.0%
Houston Higher Education Finance Corp	5.000%	02/15/2042	0.0%
Puerto Rico Electric Power Authority	0.000%	07/01/2028	0.0%
Metropolitan Pier & Exposition Authority	0.000%	06/15/2046	0.0%
Regents of the University of California Medical Ce	5.250%	05/15/2038	0.0%
California Municipal Finance Authority	5.250%	08/15/2039	0.0%
New Hampshire Business Finance Authority	3.625%	07/01/2043	0.0%
State of Connecticut	4.000%	06/01/2039	0.0%
New York City Transitional Finance Authority Build	5.000%	07/15/2035	0.0%
City of San Jose CA Hotel Tax Revenue	5.500%	05/01/2024	0.0%
Minneapolis-St Paul Metropolitan Airports Commissi	5.000%	01/01/2027	0.0%
Nassau County Local Economic Assistance Corp	5.000%	07/01/2030	0.0%
Casitas Municipal Water District	5.250%	09/01/2047	0.0%
Chicago Board of Education	5.000%	12/01/2042	0.0%
City of Chicago IL	5.625%	01/01/2030	0.0%
County of Cook IL	5.000%	11/15/2034	0.0%
County of Miami-Dade FL Rickenbacker Causeway Reve	5.000%	10/01/2030	0.0%
Maine Health & Higher Educational Facilities Autho	6.000%	07/01/2026	0.0%
Puerto Rico Sales Tax Financing Corp Sales Tax Rev	0.000%	07/01/2051	0.0%
Triborough Bridge & Tunnel Authority	0.020%	01/01/2032	0.0%
Atlantic City Board of Education	6.000%	04/01/2034	0.0%
California State Public Works Board	5.000%	10/01/2028	0.0%
City of Charlotte NC Airport Special Facilities Re	5.000%	07/01/2033	0.0%
City of Irvine CA	5.000%	09/01/2044	0.0%
Connecticut State Health & Educational Facilities	5.000%	07/01/2028	0.0%
County of Miami-Dade FL Rickenbacker Causeway Reve	5.000%	10/01/2029	0.0%
Harris County Toll Road Authority/The	4.000%	08/15/2048	0.0%
Irvine Unified School District	5.000%	09/01/2056	0.0%
Miami-Dade County Expressway Authority	5.000%	07/01/2028	0.0%
Michigan Finance Authority	4.800%	09/01/2040	0.0%
New York City Water & Sewer System	5.000%	06/15/2036	0.0%
Sweetwater Union High School District	5.000%	08/01/2027	0.0%
Yosemite Community College District	5.000%	08/01/2029	0.0%
Delaware River Port Authority	5.000%	01/01/2029	0.0%
District of Columbia	5.000%	06/01/2032	0.0%
Golden State Tobacco Securitization Corp	5.000%	06/01/2030	0.0%
Public Finance Authority	4.050%	11/01/2030	0.0%
Sonoma-Marin Area Rail Transit District	5.000%	03/01/2028	0.0%
City of San Jose CA Hotel Tax Revenue	6.500%	05/01/2036	0.0%
State of Florida Department of Transportation Turn	5.000%	07/01/2034	0.0%
Maine Health & Higher Educational Facilities Autho	6.750%	07/01/2036	0.0%
Maryland Economic Development Corp	5.000%	06/01/2044	0.0%
Build NYC Resource Corp	5.000%	06/01/2034	0.0%
County of Jefferson AL Sewer Revenue	0.000%	10/01/2039	0.0%
Michigan Finance Authority	4.300%	09/01/2030	0.0%
Hudson Yards Infrastructure Corp	5.750%	02/15/2047	0.0%
Alachua County Health Facilities Authority	8.000%	10/01/2042	0.0%
City of Sparks NV	2.500%	06/15/2024	0.0%
County of Franklin OH	6.125%	07/01/2040	0.0%
Stone Canyon Community Improvement District	0.000%	04/01/2027	0.0%
Illinois Finance Authority	5.000%	09/01/2034	0.0%
New York City Transitional Finance Authority Futur	0.010%	02/01/2045	0.0%
North Texas Tollway Authority	5.000%	01/01/2031	0.0%
Clifton Higher Education Finance Corp	5.000%	08/15/2042	0.0%
Puerto Rico Electric Power Authority	4.250%	07/01/2027	0.0%
California County Tobacco Securitization Agency	5.000%	06/01/2049	0.0%
City of San Jose CA Hotel Tax Revenue	5.500%	05/01/2026	0.0%
Stone Canyon Community Improvement District	0.000%	04/01/2022	0.0%
Allentown Neighborhood Improvement Zone Developmen	5.000%	05/01/2027	0.0%
City of Chicago IL	5.500%	01/01/2035	0.0%
New York State Dormitory Authority	5.000%	05/01/2029	0.0%
Puerto Rico Electric Power Authority	0.000%	07/01/2028	0.0%
Hempstead Town Local Development Corp	5.000%	10/01/2034	0.0%
Iowa Tobacco Settlement Authority	5.500%	06/01/2042	0.0%
Miami-Dade County Expressway Authority	5.000%	07/01/2027	0.0%
New Jersey Health Care Facilities Financing Author	5.000%	07/01/2029	0.0%
Puerto Rico Public Buildings Authority	5.000%	07/01/2036	0.0%
Houston Higher Education Finance Corp	5.000%	02/15/2032	0.0%
Puerto Rico Sales Tax Financing Corp Sales Tax Rev	4.550%	07/01/2040	0.0%
Westchester County Healthcare Corp/NY	6.000%	11/01/2030	0.0%
Middlesex County Improvement Authority	0.000%	01/01/2025	0.0%
Middlesex County Improvement Authority	0.000%	01/01/2037	0.0%
Puerto Rico Sales Tax Financing Corp Sales Tax Rev	4.536%	07/01/2053	0.0%
Westchester County Healthcare Corp/NY	6.125%	11/01/2037	0.0%
Gramercy Farms Community Development District	0.000%	05/01/2039	0.0%
New York State Dormitory Authority	5.000%	05/01/2029	0.0%

Dividends & Cap Gains

Dividend Payments

For

YTD Dividends Paidas of 04/22/2021: $0.059
Dividend Frequency: Monthly (Daily Accrual)

Record Date	Ex-Dividend Date	Reinvest & Payable Date	Dividend	Reinvest Price
Daily	Daily	03/31/2021	$0.01873	$11.97
Daily	Daily	02/28/2021	$0.02065	$11.90
Daily	Daily	01/31/2021	$0.02046	$12.17

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	04/30/2021
Daily	Daily	05/31/2021
Daily	Daily	06/30/2021
Daily	Daily	07/31/2021
Daily	Daily	08/31/2021
Daily	Daily	09/30/2021
Daily	Daily	10/31/2021
Daily	Daily	11/30/2021
Daily	Daily	12/31/2021

Capital Gains Distributions

For

Record Date	Reinvest & Payable Date	Long-term	Short-term *	Total	Reinvest Price
12/10/1998	12/18/1998	-	-	$0.1900	$11.76

Taxed as ordinary income

Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor.

Upcoming Capital Gain Distribution

Record Date	Ex-Dividend Date
12/21/2021	12/22/2021

Fees & Expenses

Expense Ratioas of 03/31/2021

1.35%

Expense ratio details, Click here.

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.

Fund Documents

Download fund documents & literature, create email subscriptions, and place direct mail order

	0Documents selected				Order
n/a	Portfolio Holdings 1Q Publish Date:11/03/2015
n/a	Portfolio Holdings 3Q Publish Date:11/03/2015
	Summary Prospectus Publish Date:11/03/2015
n/a	Statutory Prospectus Publish Date:11/03/2015
n/a	Prospectus (XBRL) Publish Date:11/03/2015
	SAI Publish Date:11/03/2015
	Annual Report Publish Date:11/03/2015
	Semi-Annual Report Publish Date:11/03/2015
	Fact Sheet Publish Date:11/03/2015
	Commentary Publish Date:11/03/2015

To order literature visit full website

You may add to your cart by selecting quantities in each row below.

No rows selected. Please Go back and select at least one fund document

	Quantity Quantity	Remove Remove

Proceed to Checkout

(3 items)

View all forms & documents

Dividend Yield is a financial ratio that shows how much a mutual fund pays out in dividends each year relative to value with maximum sales charges and without sales charges. The dividend yield is calculated by annualizing the last dividend and dividing it by the fund’s net asset value with maximum sales charges and without sales charges.

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 yield reflects fee waivers in effect. Without such fee waivers, yields would be reduced.

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

IMPORTANT INFORMATION

A Note about Risk: The value of an investment in the Fund will change as interest rates fluctuate in response to market movements. When interest rates rise, the prices of debt securities are likley to decline, and when interest rates fall, the prices of debt securities tend to rise. High-yielding non-investment grade bonds involve higher risk than investment grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on those securities. 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 bonds of issuers in Puerto Rico and other U.S. territories, comonwealths, 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. Stockholders should consult with their tax advisor for more specific information on taxation.

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 C - Class C shares are subject to ongoing 12b-1 service and distribution fees as well as a maximum CDSC of 1 percent if you redeem your shares before the first anniversary of your original purchase.

Class C shares are only offered to certain eligible investors. For additional information, see the Fund’s current prospectus.

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 Barclays Municipal Bond Index a rules-based, market-value-weighted index engineered for the long-term tax-exempt bond market. Bonds must be rated investment-grade (Baa3/BBB- or higher) by at least two ratings agencies. They must have an outstanding par value of at least $7 million and be issued as part of a transaction of at least $75 million. The bonds must be fixed rate, have a dated-date after December 31, 1990, and must be at least one year from their maturity date.

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.

The Fund's portfolio is actively managed and portfolio characteristics, such as individual holdings and sector weightings may change significantly over time. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or recommendation to buy or sell securities or other investments.

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.

Fund finder

Securing a sustainable future forour clients, our people, and our world. Inspired by our mission, we are committed to creating long-term financial security for our clients, empowering our people, advancing our communities, and ensuring a vibrant future for our planet.

Awards & Accolades

Error!

Error!

Error!

Tracked Funds

Quick Links

Pending Orders

LOG IN TO CONTINUE

LOG IN

QUICK LINKS

window.LAData = window.LAData || {}; window.LAData['react-retailMobileNavigation'] = { containerType: 'RetailMobileNavigation', };

Financial Professional

Verify Your Email Address

I have not received my verification email.

I'm still having trouble

REGISTER AT LORDABBETT.COM

FORGOT YOUR LORDABBETT.COM PASSWORD?

Financial Professionals

Forgot Password

Thank you.

Financial Professional*

ACCESS OTHER ACCOUNTS

Individual Investors

Small Business Plan Sponsors

Reset Your Password

Financial Professionals*

Confirmation Message

Share

Summary

Summary

What is the National Tax Free Fund?

The Fund seeks to deliver a high level of income exempt from federal taxation by investing primarily in investment grade municipal bonds with select exposure to lower-rated municipal bonds.

Yield

Dividend Yield 1 as of 04/22/2021

30-Day Standardized Yield 2 as of 03/31/2021

Fund Basicsas of 03/31/2021

Fund Expense Ratio :

1.35%

Fund Expense Ratio :

1.35%

Fund Expense Ratio :

1.35%

Fund Expense Ratio :

1.35%

RELATED CONTENT

Credit Quality Distribution as of 03/31/2021 View Portfolio

INVESTMENT TEAM

Contact a Representative

Performance

Performance

Dividend Yield 1 as of 04/22/2021

30-Day Standardized Yield 2 as of 03/31/2021

Fund Expense Ratio :

1.35%

Fund Expense Ratio :

1.35%

Fund Expense Ratio :

1.35%

Fund Expense Ratio :

1.35%

NAV Historical Prices

Portfolio

Portfolio

Credit Quality Distribution as of 03/31/2021

Portfolio Positioning as of 12/31/2020

Portfolio Details as of 03/31/2021

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

Upcoming Dividend Payment Dates

Capital Gains Distributions

Upcoming Capital Gain Distribution

Fees & Expenses

Fees & Expenses

Expense Ratioas of 03/31/2021

Fund Documents

Fund Documents

Coming Soon.......

Securing a sustainable future for
our clients, our people, and our world.

Inspired by our mission, we are committed to creating long-term financial security for our clients, empowering our people, advancing our communities, and ensuring a vibrant future for our planet.

Dividend Yield ¹ as of 04/22/2021

30-Day Standardized Yield ² as of 03/31/2021

Dividend Yield ¹ as of 04/22/2021

30-Day Standardized Yield ² as of 03/31/2021