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Fund Holdings1,2 as of Sep 30, 2023

Holding Coupon Rate Maturity Date % of Net Assets
Maricopa County School District No 3 Tempe Elementary 5.00% 07/01/2025 3.83%
Banner Health Obligated Group 2.70% 01/01/2046 3.76%
Salt River Project Agricultural Improvement & Power District 5.00% 01/01/2050 2.90%
Maricopa County Elementary School District No 25-Liberty 4.38% 07/01/2042 2.88%
Intel Corp 5.00% 09/01/2052 2.82%
State of Arizona Distribution Revenue 5.50% 07/01/2041 2.56%
HonorHealth Obligated Group 5.00% 12/01/2039 2.29%
University of Arizona/The 5.00% 06/01/2042 2.18%
University of Arizona/The 5.00% 06/01/2038 2.15%
Central Arizona Water Conservation District 5.00% 01/01/2035 2.14%
Maricopa County School District No 83-Cartwright Elementary 5.25% 07/01/2042 2.06%
City of Phoenix AZ Airport Revenue 5.00% 07/01/2049 2.03%
City of Scottsdale AZ 4.00% 07/01/2039 2.00%
City of Phoenix AZ Airport Revenue 4.00% 07/01/2037 1.98%
Maricopa County Unified School District No 69 Paradise Valley 4.00% 07/01/2042 1.98%
Salt Verde Financial Corp 5.00% 12/01/2037 1.88%
City of Glendale AZ Transportation Excise Tax Revenue 5.00% 07/01/2030 1.79%
Pinal County Unified School District No 43 Apache Junction 5.00% 07/01/2024 1.70%
Arizona State University 5.00% 07/01/2036 1.64%
City of Mesa AZ Utility System Revenue 4.00% 07/01/2031 1.62%
Maricopa County Elementary School District No 2 Riverside 5.00% 07/01/2034 1.53%
City of Mesa AZ Utility System Revenue 5.00% 07/01/2036 1.52%
City of Tempe AZ 5.00% 07/01/2043 1.49%
Commonwealth of Puerto Rico 5.63% 07/01/2029 1.46%
Salt River Project Agricultural Improvement & Power District 5.00% 01/01/2045 1.45%
Pinal County Electric District No 3 5.00% 07/01/2033 1.45%
Northern Arizona University 5.00% 06/01/2038 1.43%
City of Tempe AZ 5.00% 07/01/2024 1.42%
Arizona Department of Transportation State Highway Fund Revenue 5.00% 07/01/2024 1.42%
Yuma Regional Medical Center Obligated Group 5.00% 08/01/2032 1.41%
Republic Services Inc 3.95% 04/01/2029 1.39%
City of Phoenix AZ Airport Revenue 4.00% 07/01/2038 1.30%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 5.00% 07/01/2058 1.28%
City of Phoenix AZ Excise Tax Revenue 4.00% 07/01/2045 1.26%
Town of Gilbert AZ Waterworks & Sewer System Revenue 4.00% 07/15/2047 1.26%
Maricopa County Unified School District No 60 Higley 4.25% 06/01/2047 1.25%
Banner Health Obligated Group 4.00% 01/01/2045 1.23%
City of Phoenix AZ Wastewater Revenue 5.00% 07/01/2028 1.22%
Maricopa County High School District No 214 Tolleson Union High School 5.00% 07/01/2039 1.18%
City of Bullhead AZ Excise Taxes Revenue 2.55% 07/01/2046 1.09%
Pima County Community College District/AZ 5.00% 07/01/2035 1.06%
Gilbert Water Resource Municipal Property Corp 4.00% 07/01/2036 1.05%
El Paso Electric Co 4.50% 08/01/2042 1.05%
City of Maricopa AZ 5.45% 07/01/2024 1.00%
Maricopa County Elementary School District No 2 Riverside 4.50% 07/01/2024 0.91%
City of Cottonwood AZ 2.63% 07/01/2035 0.86%
City of Glendale AZ 5.00% 07/01/2043 0.80%
City of Tucson AZ Water System Revenue 5.00% 07/01/2035 0.77%
Downtown Phoenix Student Housing LLC 5.00% 07/01/2037 0.70%
Yavapai Community Hospital Association Obligated Group 5.25% 08/01/2033 0.70%
Maricopa County High School District No 214 Tolleson Union High School 5.00% 07/01/2024 0.70%
City of Maricopa AZ 5.09% 07/01/2025 0.70%
Downtown Phoenix Student Housing II LLC 5.00% 07/01/2039 0.69%
HTA TRRB Custodial Trust 5.25% 07/01/2041 0.69%
County of Pinal AZ 4.00% 08/01/2036 0.68%
Puerto Rico Electric Power Authority 5.25% 07/01/2029 0.68%
Tempe Life Care Village Obligated Group 4.00% 12/01/2030 0.64%
Maricopa County Unified School District No 60 Higley 4.13% 06/01/2042 0.64%
People of Faith Inc Obligated Group 5.00% 05/15/2041 0.63%
Legacy Traditional School Obligated Group 5.00% 07/01/2046 0.62%
Somerset Academy of Las Vegas 3.00% 12/15/2031 0.62%
Banner Health Obligated Group 4.00% 01/01/2044 0.62%
Commonwealth of Puerto Rico 0.00% 07/01/2033 0.62%
City of Bullhead AZ Excise Taxes Revenue 1.30% 07/01/2028 0.59%
Downtown Phoenix Student Housing LLC 5.00% 07/01/2027 0.59%
City of Bullhead AZ Excise Taxes Revenue 2.10% 07/01/2036 0.59%
HonorHealth Obligated Group 5.00% 09/01/2032 0.58%
Commercial Metals Co 4.00% 10/15/2047 0.58%
Legacy Traditional School Obligated Group 4.00% 07/01/2041 0.56%
Maricopa County School District No 66 Roosevelt Elementary 4.00% 07/01/2039 0.51%
Tempe Life Care Village Obligated Group 4.00% 12/01/2029 0.50%
Harmony Public Schools 4.00% 02/15/2041 0.48%
Western Maricopa Education Center District No 402 4.50% 07/01/2034 0.48%
Doral Academy of Nevada Fire Mesa / Red Rock / Pebble Obligated Group 5.00% 07/15/2040 0.45%
United States Dollar 0.44%
Maricopa County Union High School District No 210-Phoenix 4.00% 07/01/2039 0.39%
City of Bullhead AZ Excise Taxes Revenue 4.00% 07/01/2032 0.39%
Puerto Rico Electric Power Authority 5.00% 07/01/2025 0.34%
Downtown Phoenix Student Housing II LLC 5.00% 07/01/2044 0.34%
Academies of Math & Science Obligated Group 5.00% 07/01/2039 0.33%
HumanGood National Obligated Group 4.00% 07/01/2028 0.29%
El Paso Electric Co 3.60% 02/01/2040 0.28%
Midwestern University Foundation 2.13% 07/01/2033 0.26%
American Samoa Economic Development Authority 5.00% 09/01/2038 0.25%
Doral Academy of Northern Nevada Obligated Group 3.38% 07/15/2025 0.18%
Harmony Public Schools 3.00% 02/15/2024 0.06%
Pinecrest Academy of Nevada 4.00% 07/15/2050 0.06%
City of Bullhead AZ Excise Taxes Revenue 0.75% 07/01/2025 0.05%